Tata Arbitrage Fund Direct Growth
Hybrid
Direct
Arbitrage Fund
NAV: ₹ 12.7 as on 31-03-2023
Fund Performance
397 people have invested ₹ 30.5L in mutual fund in the last three months
Fund Insights
In the last 1 year, Invesco India Arbitrage Fund Direct Plan Growth Option has given 6.58% return, outperforming Tata Arbitrage Fund Direct Growth by 0.78%
In the last 3 years, Invesco India Arbitrage Fund Direct Plan Growth Option has given 5.02% return, outperforming Tata Arbitrage Fund Direct Growth by 0.05% per annum
Over the last 1 year, Tata Arbitrage Fund Direct Growth has decreased expense ratio by 12.5% moving from 0.32 to 0.28
Tata Arbitrage Fund Direct Growth has one of the lowest expense ratio in the category (arbitrage fund). Its expense ratio is 0.28% which is lower than the category average expense ratio of 0.7%
Over the last 6 months, Tata Arbitrage Fund Direct Growth has experienced a 19.8% drop in AUM moving from 7.38K Cr to 5.92K Cr
Tata Arbitrage Fund Direct Growth Performance as on (31-Mar-23)
About the Fund
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 a NAV of ₹12.6809 as on 31-03-2023.
2) Tata Arbitrage Fund Direct Growth has ₹5926 Cr worth of assets under management (AUM) as on 28-02-2023 and is more than category average.
3) The fund has an expense ratio 0.28 %.
Tata Arbitrage Fund Direct Growth Overview
 | 0.28% |
 Benchmark | NIFTY 50 Arbitrage TR INR |
 | ₹5926 Cr |
 | 18 December, 2018 |
 | ₹5000/₹150 |
 Exit Load | 0.25% |
 | No Lock-in |
 TurnOver | 425.77% |
Fund Distribution as on (28-Feb-23)
Credit rating breakup
AAA
100%
Sector Allocation
Cash Equivalent
85.8%
Corporate
7.6%
Government
6.6%
Top Holdings of Tata Arbitrage Fund Direct Growth as on (31-Mar-23)
Equity Holdings132
See all
Tata Arbitrage Fund Direct Growth: Monthly Changes Updates
All changes are between Dec'22 and Feb'23
Fund Performance
- This fund’s returns stands at 0.74% whereas the fund’s underlying benchmark Arbitrage Fund Index returns stands at 0.67% as on Feb'23
- This fund outperformed Arbitrage Fund Index by 0.06% in Feb'23
AUM Change
- AUM of the fund stands at 5.9K Cr as of Feb'23
- AUM increased by 45.4 Cr between Feb'23 and Jan'23
Fund Portfolio Changes
Top Stocks bought last month
ICICI Bank Ltd's allocation increased from 1.45% to 4.47%
Reliance Industries Ltd's allocation increased from 0.83% to 3.54%
Kotak Mahindra Bank Ltd's allocation increased from 3.17% to 3.96%
Top Stocks sold last month
Ambuja Cements Ltd's allocation decreased from 3.19 % to 2.58 %
Tata Power Co Ltd's allocation decreased from 2.34 % to 2.1 %
Bajaj Finance Ltd's allocation decreased from 2.15 % to 1.91 %
Top 3 Sectors in February were Financial Services, Basic Materials & Industrial
Feb'23
Financial Services
37%
Basic Materials
15%
Utilities
8%
Jan'23
Financial Services
37%
Basic Materials
16%
Industrial
10%
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
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 5.7% since inception which is more than its category average return of 5.02%
AUM size ₹5926 Cr
This fund has AUM of ₹5926 Cr which is more than its category average of ₹ 3152 Cr
Expense Ratio 0.28%
This fund has an expense ratio of 0.28% which is less than its category average expense ratio of 0.74%
Frequently Asked Questions
The current NAV of Tata Arbitrage Fund Direct Growth is 12.66 as on 28-Mar-2023.
Existing (Absolute + CAGR)
Tata Arbitrage Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.5% | 0.5% |
6 Month Returns | 3.33% | 3.33% |
1 Year Returns | 5.69% | 5.69% |
3 Years Returns | 15.7% | 4.98% |
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.
0.28 as on March 2023
5926 Cr as on March 2023
Housing Development Finance Corp Ltd(4.13%),Kotak Mahindra Bank Ltd(3.09%),ICICI Bank Ltd(2.96%),Reliance Industries Ltd(2.56%),Asian Paints Ltd(1.97%) as on March 2023
Cash Equivalent(86.09%),Corporate(7.65%),Government(6.63%) as on March 2023
AAA | 100 |
Sailesh Jain is the fund manager of Tata Arbitrage Fund Direct Growth
The Exit load of Tata Arbitrage Fund Direct Growth is 0.25%