Nippon India Arbitrage Fund Direct Plan Growth
Nippon India Arbitrage Fund Direct Plan Growth

Nippon India Arbitrage Fund Direct Plan Growth

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Hybrid
Direct
Arbitrage Fund

NAV: ₹ 23.5 as on 05-12-2022

Fund Performance
zero opening, trading, fund transfer fee
306 people have invested ₹ 1.4Cr in mutual fund in the last three months

Fund Performance

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
0.5%
1.3%
2.3%
4.5%
4.7%
5.7%
Benchmark
0.3%
1%
1.9%
3.6%
3.7%
4.5%
About the Fund

Nippon India Arbitrage Fund Direct Plan Growth is a hybrid fund. This fund was started on  1 January, 2013. The fund is managed by Anand Gupta, Kinjal Desai, Anju Chhajer. This fund gives you the benefit of diversification.

Key parameters

1) Nippon India Arbitrage Fund Direct Plan Growth has a NAV of 23.5435 as on 05-12-2022.

2) Nippon India Arbitrage Fund Direct Plan Growth has 9008 Cr worth of assets under management (AUM) as on 31-10-2022 and is more than category average.

3) The fund has an expense ratio 0.31 %.

Fund Overview

Expense ratio
Expense ratio
0.31%
Benchmark
Benchmark
NIFTY 50 Arbitrage TR INR
AUM
AUM
₹9008 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹100
Exit Load
Exit Load
0.25%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
1237.35%

Fund Distribution

  • Debt & Cash 100%
Credit rating breakup
AAA
100%

Sector Allocation

Oct'22

Sep'22

Aug'22

Cash Equivalent

86.2%

Government

7.9%

Corporate

5.9%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings285
Equity Holdings271
Debt Holdings14
Holdings
Weight%
Holdings Trend
1M Change
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Cash Offset For Derivatives
71.5%
1.1%
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Nippon India Money Market Dir Gr
7.97%
0%
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Nippon India Liquid Dir Gr
5.09%
0%
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Future on ICICI Bank Ltd
4.21%
100%
icon
ICICI Bank Ltd
4.18%
-8%

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 173.7 Cr in last 1M
Oct'22 return outperformed benchmark

Change in AUM

Oct'22
₹ 9K Cr
Sep'22
₹ 9.2K Cr
Aug'22
₹ 9.3K Cr

Fund Returns vs Benchmark

Oct'22
0.04%
-0.05%
Sep'22
0.46%
0.42%
Aug'22
0.54%
0.45%
Fund Return
Benchmark Return

Fund Manager

Anand Gupta

Anand Gupta

Managing this fund since 12 September 2018

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Nippon India Arbitrage Fund Direct Plan Growth
4.71%
3.73%
Nippon India Equity Savings Segregated Portfolio 1 Direct Plan Growth Plan Growth Option
0%
--
Nippon India Equity Savings Direct Growth
3.72%
9.05%
Kinjal Desai

Kinjal Desai

Managing this fund since 25 May 2018

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Nippon India Liquid Fund Direct Plan Growth Plan
4.17%
0.61%
Nippon India Small Cap Fund - Direct Plan - Growth Plan
37.09%
32.27%
Nippon India Multi Cap Fund - Direct Plan - Growth
21.56%
20.79%
Anju Chhajer

Anju Chhajer

Managing this fund since 1 February 2020

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Nippon India Liquid Fund Direct Plan Growth Plan
4.17%
0.61%
Nippon India Money Market Fund Direct Plan Growth Option
4.97%
4.32%
Nippon India Overnight Fund Direct Growth
3.75%
--

AMC details

Address
Nippon Life India Asset Management Limited,4th Floor, Tower A, Peninsula Business Park,,Ganapatrao Kadam Marg,,Lower Parel (W)
Phone
022-68087000/18602660111
Fund House
Nippon Life India Asset Management Ltd

Fund Highlights

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Low Risk

Investors understand that their principal will be at Low Risk
About the fund

About the fund

This fund has delivered an average annual returns of 6.91% since inception which is more than its category average return of 4.91%
AUM size ₹9008 Cr

AUM size ₹9008 Cr

This fund has AUM of ₹9008 Cr which is more than its category average of ₹ 3107 Cr
Expense Ratio 0.31%

Expense Ratio 0.31%

This fund has an expense ratio of 0.31% which is less than its category average expense ratio of 0.73%

Frequently Asked Questions

The current NAV of Nippon India Arbitrage Fund Direct Plan Growth is 23.54.
Existing (Absolute + CAGR)
Nippon India Arbitrage Fund Direct Plan Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.46%
0.46%
6 Month Returns
2.32%
2.32%
1 Year Returns
4.5%
4.5%
3 Years Returns
14.82%
4.71%
5 Years Returns
31.82%
5.68%
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 November 2022
9008 Cr as on November 2022
ICICI Bank Ltd(4.18%),Adani Ports & Special Economic Zone Ltd(3.65%),Adani Enterprises Ltd(3.56%),Kotak Mahindra Bank Ltd(3.09%),Reliance Industries Ltd(2.74%) as on November 2022
Cash Equivalent(86.44%),Government(7.93%),Corporate(5.94%) as on November 2022
AAA
100
Anand Gupta,Kinjal Desai,Anju Chhajer are the fund managers of Nippon India Arbitrage Fund Direct Plan Growth
The Exit load of Nippon India Arbitrage Fund Direct Plan Growth is 0.25%

Mutual Fund execution provided by

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.