Tata Arbitrage Fund Direct Monthly Payout of Income Distribution cum Capital Withdrawal
Hybrid
Direct
Arbitrage Fund
NAV: ₹ 12.3 as on 29-05-2023
Fund Performance
About the Fund
Tata Arbitrage Fund Direct Monthly Payout of Income Distribution cum Capital Withdrawal 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 Monthly Payout of Income Distribution cum Capital Withdrawal has a NAV of ₹12.3329 as on 29-05-2023.
2) Tata Arbitrage Fund Direct Monthly Payout of Income Distribution cum Capital Withdrawal has ₹5762 Cr worth of assets under management (AUM) as on 31-03-2023 and is more than category average.
3) The fund has an expense ratio 0.29 %.
Tata Arbitrage Fund Direct Monthly Payout of Income Distribution cum Capital Withdrawal Overview
 | 0.29% |
 Benchmark | NIFTY 50 Arbitrage TR INR |
 | ₹5762 Cr |
 | 18 December, 2018 |
 | ₹0/₹0 |
 Exit Load | 0.25% |
 | No Lock-in |
 TurnOver | 425.77% |
Fund Distribution as on (30-Apr-23)
Credit rating breakup
AAA
100%
Sector Allocation
Cash Equivalent
82.8%
Government
9%
Corporate
8.2%
Top Holdings of Tata Arbitrage Fund Direct Monthly Payout of Income Distribution cum Capital Withdrawal as on (30-Apr-23)
Equity Holdings129
Tata Arbitrage Fund Direct Monthly Payout of Income Distribution cum Capital Withdrawal: Monthly Changes Updates
All changes are between Feb'23 and Apr'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 Apr'23
- This fund outperformed Arbitrage Fund Index by 0.06% in Apr'23
AUM Change
- AUM of the fund stands at 5.8K Cr as of Apr'23
- AUM increased by 574.9 Cr between Apr'23 and Mar'23
Fund Portfolio Changes
Peer Analysis
Tata Arbitrage Fund Direct Monthly Payout of Income Distribution cum Capital Withdrawal Fund Manager
Sailesh Jain
Fund Manager of Tata Arbitrage Fund Direct Monthly Payout of Income Distribution cum Capital Withdrawal, 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 5.62% since inception which is more than its category average return of 5.07%
AUM size ₹5762 Cr
This fund has AUM of ₹5762 Cr which is more than its category average of ₹ 2905 Cr
Expense Ratio 0.29%
This fund has an expense ratio of 0.29% which is less than its category average expense ratio of 0.73%
Frequently Asked Questions
The current NAV of Tata Arbitrage Fund Direct Monthly Payout of Income Distribution cum Capital Withdrawal is ₹12.33 as on 29-May-2023.
Existing (Absolute + CAGR) as on 29-May-2023.
Tata Arbitrage Fund Direct Monthly Payout of Income Distribution cum Capital Withdrawal | Absolute Returns | CAGR Returns |
1 Month Returns | 0.6% | 0.6% |
6 Month Returns | 3.91% | 3.91% |
1 Year Returns | 6.57% | 6.57% |
3 Years Returns | 15.73% | 4.99% |
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.
0.29% as on April 2023
₹5762 Cr as on April 2023
HDFC Bank Ltd(4.14%), Tata Motors Ltd(2.53%), Housing Development Finance Corp Ltd(2.17%), Bandhan Bank Ltd(2.02%), Zee Entertainment Enterprises Ltd(1.72%) as on April 2023
Cash Equivalent(83.51%), Government(9.02%), Corporate(7.77%) as on January 1
AAA | 100 |
Sailesh Jain is the fund manager of Tata Arbitrage Fund Direct Monthly Payout of Income Distribution cum Capital Withdrawal
The Exit load of Tata Arbitrage Fund Direct Monthly Payout of Income Distribution cum Capital Withdrawal is 0.25%