Tata Arbitrage Fund Direct Growth
Hybrid
Direct
Arbitrage Fund
NAV: ₹ 13.82 as on 24-04-2024
Fund Performance
620 people have invested ₹ 7.4Cr in Tata Arbitrage Fund Direct Growth in the last three months
Mutual Fund Insights
In the last 1 year, Kotak Equity Arbitrage Fund Direct Growth has given 8.72% return, outperforming this fund by 0.26%.
This fund has one of the lowest expense ratio in the category (arbitrage fund). Its expense ratio is 0.3% which is lower than the category average expense ratio of 0.7%.
In the last 3 years, Invesco India Arbitrage Fund Direct Plan Growth Option has given 6.52% return, outperforming this fund by 0.28% per annum.
Over the last 6 months, this fund has experienced a 44.5% growth in AUM moving from 7.44K Cr to 10.75K Cr.
Over the last 1 month, this fund has increased expense ratio by 3.4% moving from 0.29 to 0.30.
In the last 5 years, this fund has outperformed all funds in its category.
About the Tata Arbitrage Fund Direct Growth
Tata Arbitrage Fund Direct Growth is a hybrid fund. This fund was started on 18 December, 2018. The fund is managed by Sailesh Jain. This fund gives you the benefit of diversification.
Key Parameters
- Tata Arbitrage Fund Direct Growth has ₹10755 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.3.
Tata Arbitrage Fund Direct Growth Overview
 | 0.3% |
 Benchmark | NIFTY 50 Arbitrage TR INR |
 | ₹10755 Cr |
 | 18 December, 2018 |
 | ₹5000/₹150 |
 Exit Load | 0.25% |
 | No Lock-in |
 TurnOver | 456.77% |
Tata Arbitrage Fund Direct Growth Distribution as on (31-Mar-24)
Credit rating breakup
AAA
94.3%
AA
5.7%
Sector Allocation
Cash Equivalent
90.4%
Corporate
7.3%
Government
2.3%
Top Holdings of Tata Arbitrage Fund Direct Growth as on (31-Mar-24)
Equity Holdings147
Debt Holdings18
Tata Arbitrage Fund Direct Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 10.8K Cr as of Mar'24
- AUM increased by 603.7 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Tata Arbitrage Fund Direct Growth Fund Manager
Sailesh Jain
Fund Manager of Tata Arbitrage Fund Direct Growth, since 18 December 2018
Top funds managed
Tata Arbitrage Fund Direct Growth 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 6.23% since inception which is more than its category average return of 5.18%
AUM size ₹10755 Cr
This fund has AUM of ₹10755 Cr which is more than its category average of ₹ 5953 Cr
Expense Ratio 0.3%
This fund has an expense ratio of 0.3% which is less than its category average expense ratio of 0.71%
Frequently Asked Questions
The current NAV of Tata Arbitrage Fund Direct Growth is ₹13.82 as on 24-Apr-2024.
Existing (Absolute + CAGR) as on 24-Apr-2024.
Tata Arbitrage Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.86% | 0.86% |
6 Month Returns | 4.16% | 4.16% |
1 Year Returns | 8.46% | 8.46% |
3 Years Returns | 19.91% | 6.24% |
5 Years Returns | 34.75% | 6.15% |
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.
0.3% as on March 2024
₹10755 Cr as on March 2024
Tata Money Market Dir Gr(10.55%), HDFC Bank Ltd(6.16%), Reliance Industries Ltd(3.26%), Tata Consultancy Services Ltd(2.68%), Larsen & Toubro Ltd(2.33%) as on March 2024
Cash Equivalent(90.9%), Corporate(7.34%), Government(2.29%) as on March 2024
AAA | 94.26 |
AA | 5.74 |
Sailesh Jain is the fund manager of Tata Arbitrage Fund Direct Growth
The Exit load of Tata Arbitrage Fund Direct Growth is 0.25%