SBI Arbitrage Opportunities Fund Direct Growth

SBI Arbitrage Opportunities Fund Direct Growth

Hybrid

Direct

Arbitrage Fund

NAV as on 05-12-2024

₹ 34.5

Inception Returns

6.8%

/yr

About SBI Arbitrage Opportunities Fund Direct Growth

SBI Arbitrage Opportunities Fund Direct Growth is a hybrid fund. This fund was started on 11 January, 2013. The fund is managed by Arun R., Neeraj Kumar. This fund gives you the benefit of diversification.

Key Parameters

  1. SBI Arbitrage Opportunities Fund Direct Growth has ₹31883 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
  2. The fund has an expense ratio 0.4.

Returns

SBI Arbitrage Opportunities Fund Direct Growth has given a CAGR return of 6.83% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.23%, 6.97% and 5.86% respectively.

Holdings

SBI Arbitrage Opportunities Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Energy, Tech, Industrial, Consumer Cyclical, Basic Materials, Corporate, Health, Government, Consumer Defensive, Communication, Utilities, Real Estate, Securitize.

Taxation

As it is a arbitrage fund mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of SBI Arbitrage Opportunities Fund Direct Growth

To provide capital appreciation and regular income for unit holders by identifying profitable arbitrage opportunities between the spot and derivative market segments as also through investment of surplus cash in debt and money market instruments.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. SBI Arbitrage Opportunities Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
197 people have invested ₹ 4.8Cr in SBI Arbitrage Opportunities Fund Direct Growth in the last three months

SBI Arbitrage Opportunities Fund Direct Growth Overview

Expense ratio0.42%
Benchmark
NIFTY 50 Arbitrage TR INR
AUM₹31883 Cr
Inception Date11 January, 2013
Min Lumpsum/SIP₹5000/₹500
Exit Load
0.2%
Lock InNo Lock-in
TurnOver
320.71%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Low Risk

Trailing Returns

as on (05-Dec-24)

Period
SBI Arbitrage Opportunities Fund Direct Growth
Arbitrage Fund Index
1M
0.6%
0.5%
3M
1.8%
1.6%
6M
3.6%
3.2%
1Y
8.2%
7.5%
3Y
7%
6.2%
5Y
5.9%
5.3%

Fund Distribution

as on (31-Oct-24)

  • Equity 1%

  • Debt & Cash 99%

Large cap
64.8%

Mid cap
2.2%

Sector Allocation

Oct'24

Sep'24

Aug'24

Financial Services
25.1%
Energy
12.4%
Tech
11.4%
Industrial
11.2%
Consumer Cyclical
10.3%
Basic Materials
10.1%
Health
5.1%
Consumer Defensive
4.7%
Communication
3.9%
Utilities
3%
Real Estate
2.9%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 31.9K Cr
₹ 31.1K Cr
₹ 32.4K Cr
  • AUM of the fund stands at 31.9K Cr as of Oct'24
  • AUM increased by 780.1 Cr between Oct'24 and Sep'24

Top 3 Sectors in October were Financial Services, Corporate & Industrial

Oct'24
Financial Services
25%
Energy
12%
Tech
11%
Sep'24
Financial Services
26%
Corporate
15%
Industrial
13%
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Arun R.
Arun R.
Fund Manager of SBI Arbitrage Opportunities Fund Direct Growth, since 30 June 2021
Neeraj Kumar
Neeraj Kumar
Fund Manager of SBI Arbitrage Opportunities Fund Direct Growth, since 5 October 2012
Fund House
SBI Funds Management Ltd
Total Schemes
Total AUM
₹7.84L Cr
as on 31-Oct-2024
Address
9th Floor, Crescenzo,,C-38 & 39, G Block, Bandra Kurla Complex,,Bandra (East), Mumbai
Phone
91-22-66142900
Website
partnerforlife@sbimf.com

Mutual Fund Insights

Insights icon
This fund expense ratio is slightly on the lower side within the category (arbitrage fund). Its expense ratio is 0.42% which is lower than the category average expense ratio of 0.69%.
Insights icon
In the last 3 years, Invesco India Arbitrage Fund Direct Plan Growth Option has given 7.35% return, outperforming this fund by 0.38% per annum.
Insights icon
In the last 5 years, Tata Arbitrage Fund Direct Growth has given 6.26% return, outperforming this fund by 0.4% per annum.
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In the last 1 year, Kotak Equity Arbitrage Fund Direct Growth has given 8.61% return, outperforming this fund by 0.38%.
Insights icon
Over the last 1 year, this fund has increased expense ratio by 7.7% moving from 0.39 to 0.42.

SBI Arbitrage Opportunities Fund Direct Growth Highlights

Risk meter
pointer

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 6.83% since inception which is more than its category average return of 5.28%
Fund Allocations

Fund Allocations

This fund has an allocation of 0.99% in Equity, 13.27% in Debt and 85.71% in Cash related instruments
AUM size ₹31883 Cr

AUM size ₹31883 Cr

This fund has AUM of ₹31883 Cr which is more than its category average of ₹ 7524 Cr
Expense Ratio 0.42%

Expense Ratio 0.42%

This fund has an expense ratio of 0.42% which is less than its category average expense ratio of 0.69%

Frequently Asked Questions for SBI Arbitrage Opportunities Fund Direct Growth

The current NAV of SBI Arbitrage Opportunities Fund Direct Growth is ₹34.5 as on 05-Dec-2024.
Existing (Absolute + CAGR) as on 05-Dec-2024.
SBI Arbitrage Opportunities Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.61%
0.61%
6 Month Returns
3.55%
3.55%
1 Year Returns
8.23%
8.23%
3 Years Returns
22.4%
6.97%
5 Years Returns
32.92%
5.86%
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.
0.42% as on November 2024
₹31883 Cr as on November 2024
SBI Savings Dir Gr(9.63%), Reliance Industries Ltd(5.41%), HDFC Bank Ltd(3.5%), SBI Magnum Low Duration Dir Gr(3.14%), Tata Consultancy Services Ltd(2.87%) as on November 2024
Cash Equivalent(85.94%), Corporate(8.07%), Government(4.98%) as on November 2024
AAA
89.34
AA
10.66
Arun R., Neeraj Kumar are the fund managers of SBI Arbitrage Opportunities Fund Direct Growth
The Exit load of SBI Arbitrage Opportunities Fund Direct Growth is 0.25%