LIC Mf Arbitrage Fund Direct Plan-weekly IDCW Reinvestment
Hybrid
Direct
Arbitrage Fund
NAV: ₹ 11.6 as on 01-06-2023
Fund Performance
About the Fund
LIC MF Arbitrage Direct Plan Weekly Reinvestment of Income Dis cum Cap Wrdl is a hybrid fund. This fund was started on 25 January, 2019. The fund is managed by Jaiprakash Toshniwal, Sanjay Pawar. This fund gives you the benefit of diversification.
Key parameters
1) LIC Mf Arbitrage Fund Direct Plan-weekly IDCW Reinvestment has a NAV of ₹11.6472 as on 01-06-2023.
2) LIC Mf Arbitrage Fund Direct Plan-weekly IDCW Reinvestment has ₹21 Cr worth of assets under management (AUM) as on 30-04-2023 and is less than category average.
3) The fund has an expense ratio 0.31 %.
LIC Mf Arbitrage Fund Direct Plan-weekly IDCW Reinvestment Overview
 | 0.31% |
 Benchmark | NIFTY 50 Arbitrage TR INR |
 | ₹21 Cr |
 | 25 January, 2019 |
 | ₹5000/₹1000 |
 Exit Load | 0.25% |
 | No Lock-in |
 TurnOver | 692.72% |
Fund Distribution as on (30-Apr-23)
Sector Allocation
Cash Equivalent
92.8%
Corporate
4.4%
Government
2.8%
Top Holdings of LIC Mf Arbitrage Fund Direct Plan-weekly IDCW Reinvestment as on (31-May-23)
Equity Holdings35
LIC Mf Arbitrage Fund Direct Plan-weekly IDCW Reinvestment: Monthly Changes Updates
All changes are between Feb'23 and Apr'23
Fund Performance
- This fund’s returns stands at 0.68% whereas the fund’s underlying benchmark Arbitrage Fund Index returns stands at 0.67% as on Apr'23
- This fund outperformed Arbitrage Fund Index by 0.01% in Apr'23
AUM Change
- AUM of the fund stands at 20.7 Cr as of Apr'23
- AUM decreased by 0.9 Cr between Apr'23 and Mar'23
Fund Portfolio Changes
Peer Analysis
LIC Mf Arbitrage Fund Direct Plan-weekly IDCW Reinvestment Fund Manager
Jaiprakash Toshniwal
Fund Manager of LIC Mf Arbitrage Fund Direct Plan-weekly IDCW Reinvestment, since 6 September 2021
Top funds managed
Sanjay Pawar
Fund Manager of LIC Mf Arbitrage Fund Direct Plan-weekly IDCW Reinvestment, since 1 January 2022
Top funds managed
Fund Highlights
Low Risk
Investors understand that their principal will be at Low Risk
About the fund
This fund has delivered an average annual returns of 4.91% since inception which is less than its category average return of 5.07%
AUM size ₹21 Cr
This fund has AUM of ₹21 Cr which is less than its category average of ₹ 2905 Cr
Expense Ratio 0.31%
This fund has an expense ratio of 0.31% which is less than its category average expense ratio of 0.74%
Frequently Asked Questions
The current NAV of LIC Mf Arbitrage Fund Direct Plan-weekly IDCW Reinvestment is ₹11.65 as on 01-Jun-2023.
Existing (Absolute + CAGR) as on 01-Jun-2023.
LIC Mf Arbitrage Fund Direct Plan-weekly IDCW Reinvestment | Absolute Returns | CAGR Returns |
1 Month Returns | 0.65% | 0.65% |
6 Month Returns | 3.75% | 3.75% |
1 Year Returns | 6.03% | 6.03% |
3 Years Returns | 14.09% | 4.49% |
5 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.31% as on May 2023
₹21 Cr as on May 2023
Hindustan Unilever Ltd(6.41%), National Aluminium Co Ltd(6.01%), Bandhan Bank Ltd(4.19%), IndusInd Bank Ltd(4.01%), Birlasoft Ltd(3.95%) as on May 2023
Cash Equivalent(94.08%), Corporate(3.46%), Government(2.81%) as on January 1
Jaiprakash Toshniwal, Sanjay Pawar are the fund managers of LIC Mf Arbitrage Fund Direct Plan-weekly IDCW Reinvestment
The Exit load of LIC Mf Arbitrage Fund Direct Plan-weekly IDCW Reinvestment is 0.25%