Tata Arbitrage Fund Direct Growth

Tata Arbitrage Fund Direct Growth

Hybrid

Direct

Arbitrage Fund

NAV as on 07-11-2024

₹ 14.4

Inception Returns

6.4%

/yr

About 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

  1. Tata Arbitrage Fund Direct Growth has ₹11672 Cr worth of assets under management (AUM) as on Sep 2024 and is more than category average.
  2. The fund has an expense ratio 0.3.

Returns

Tata Arbitrage Fund Direct Growth has given a CAGR return of 6.39% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.30%, 6.86% and 6.21% respectively.

Holdings

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

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 Tata Arbitrage Fund Direct Growth

The investment objective of the Scheme is to seek to generate reasonable returns by investing predominantly in arbitrage opportunities in the cash and derivatives segments of the equity markets and by investing balance in debt and money market instruments. There is no assurance that the objective of the Scheme will be realised and the Scheme does not assure or guarantee any returns

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 150.00. Tata Arbitrage Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
1061 people have invested ₹ 15.8Cr in Tata Arbitrage Fund Direct Growth in the last three months

Tata Arbitrage Fund Direct Growth Overview

Expense ratio0.29%
Benchmark
NIFTY 50 Arbitrage TR INR
AUM₹11672 Cr
Inception Date18 December, 2018
Min Lumpsum/SIP₹5000/₹150
Exit Load
0.2%
Lock InNo Lock-in
TurnOver
547.4%
STCGRedeeming 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 (07-Nov-24)

Period
Tata Arbitrage Fund Direct Growth
Arbitrage Fund Index
1M
0.7%
0.6%
3M
1.9%
1.5%
6M
4%
3.5%
1Y
8.3%
7.3%
3Y
6.9%
6.1%
5Y
6.2%
5.2%

Fund Distribution

as on (30-Sep-24)

  • Debt & Cash 100%

AAA
87.3%

AA
12.7%

Sector Allocation

Sep'24

Aug'24

Jul'24

Cash Equivalent
86.5%
Corporate
11%
Government
2.4%
All changes are between Oct'69 and Dec'69
Parameters
Sep'24
Aug'24
Jul'24
AUM
₹ 11.7K Cr
₹ 11.8K Cr
₹ 11.9K Cr
  • AUM of the fund stands at 11.7K Cr as of Sep'24
  • AUM decreased by 130.3 Cr between Sep'24 and Aug'24

Top 3 Sectors in September were Financial Services, Industrial & Basic Materials

Sep'24
Financial Services
25%
Basic Materials
17%
Industrial
12%
Aug'24
Financial Services
31%
Industrial
16%
Basic Materials
13%
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Sailesh Jain
Sailesh Jain
Fund Manager of Tata Arbitrage Fund Direct Growth, since 18 December 2018
Fund House
Tata Asset Management Limited
Total Schemes
Total AUM
₹1.77L Cr
as on 30-Sep-2024
Address
Tata Asset Management Private Limited,Mafatlal Centre, 9th Floor,,Nariman Point,,India
Phone
+912266578282
Website
kiran@tataamc.com

Mutual Fund Insights

Insights icon
This fund has one of the lowest expense ratio in the category (arbitrage fund). Its expense ratio is 0.29% which is lower than the category average expense ratio of 0.7%.
Insights icon
In the last 5 years, this fund has outperformed all funds in its category.
Insights icon
In the last 1 year, Kotak Equity Arbitrage Fund Direct Growth has given 8.41% return, outperforming this fund by 0.11%.
Insights icon
In the last 3 years, Invesco India Arbitrage Fund Direct Plan Growth Option has given 7.24% return, outperforming this fund by 0.39% per annum.

Tata Arbitrage 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 6.39% since inception which is more than its category average return of 5.38%
AUM size ₹11672 Cr

AUM size ₹11672 Cr

This fund has AUM of ₹11672 Cr which is more than its category average of ₹ 7290 Cr
Expense Ratio 0.29%

Expense Ratio 0.29%

This fund has an expense ratio of 0.29% which is less than its category average expense ratio of 0.7%

Frequently Asked Questions for Tata Arbitrage Fund Direct Growth

The current NAV of Tata Arbitrage Fund Direct Growth is ₹14.4 as on 07-Nov-2024.
Existing (Absolute + CAGR) as on 07-Nov-2024.
Tata Arbitrage Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.71%
0.71%
6 Month Returns
4.02%
4.02%
1 Year Returns
8.3%
8.3%
3 Years Returns
22.01%
6.86%
5 Years Returns
35.16%
6.21%
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.
0.29% as on October 2024
₹11672 Cr as on October 2024
Tata Money Market Dir Gr(13.17%), Reliance Industries Ltd(4.17%), HDFC Bank Ltd(2.5%), Tata Motors Ltd(2.46%), Vedanta Ltd(1.94%) as on October 2024
Cash Equivalent(86.94%), Corporate(11.07%), Government(2.45%) as on October 2024
AAA
87.27
AA
12.73
Sailesh Jain is the fund manager of Tata Arbitrage Fund Direct Growth
The Exit load of Tata Arbitrage Fund Direct Growth is 0.25%