UTI Arbitrage Fund Direct Growth Option
Hybrid
Direct
Arbitrage Fund
NAV: ₹ 34.15 as on 24-04-2024
Fund Performance
47 people have invested ₹ 57L in UTI Arbitrage Fund Direct Growth Option in the last three months
Mutual Fund Insights
In the last 3 years, Invesco India Arbitrage Fund Direct Plan Growth Option has given 6.52% return, outperforming this fund by 0.41% per annum.
Over the last 1 month, this fund has experienced a 2.7% drop in AUM moving from 4.67K Cr to 4.54K Cr.
This fund has one of the lowest expense ratio in the category (arbitrage fund). Its expense ratio is 0.38% which is lower than the category average expense ratio of 0.7%.
In the last 1 year, Kotak Equity Arbitrage Fund Direct Growth has given 8.72% return, outperforming this fund by 0.29%.
Over the last 1 month, this fund has increased expense ratio by 5.6% moving from 0.36 to 0.38.
In the last 5 years, Tata Arbitrage Fund Direct Growth has given 6.15% return, outperforming this fund by 0.29% per annum.
About the UTI Arbitrage Fund Direct Growth Option
UTI Arbitrage Fund Direct Growth Option is a hybrid fund. This fund was started on 23 January, 2013. The fund is managed by Amit Sharma, Sharwan Kumar Goyal. This fund gives you the benefit of diversification.
Key Parameters
- UTI Arbitrage Fund Direct Growth Option has ₹4549 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.4.
UTI Arbitrage Fund Direct Growth Option Overview
 | 0.38% |
 Benchmark | NIFTY 50 Arbitrage TR INR |
 | ₹4549 Cr |
 | 23 January, 2013 |
 | ₹5000/₹500 |
 Exit Load | 0.25% |
 | No Lock-in |
 TurnOver | 214.22% |
UTI Arbitrage Fund Direct Growth Option Distribution as on (31-Mar-24)
Credit rating breakup
AAA
100%
Sector Allocation
Cash Equivalent
90.4%
Corporate
8.2%
Government
1.4%
Top Holdings of UTI Arbitrage Fund Direct Growth Option as on (31-Mar-24)
Equity Holdings132
Debt Holdings8
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 6.19% | 9.1% | |
 Reliance Industries Ltd | 4.07% | 0.4% | |
 Vedanta Ltd | 3.48% | -1.2% | |
 State Bank of India | 3.09% | 4.4% | |
 Canara Bank | 3.01% | 12.9% |
See all
UTI Arbitrage Fund Direct Growth Option: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 4.5K Cr as of Mar'24
- AUM decreased by 128 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
UTI Arbitrage Fund Direct Growth Option Fund Manager
Amit Sharma
Fund Manager of UTI Arbitrage Fund Direct Growth Option, since 2 July 2018
Top funds managed
Sharwan Kumar Goyal
Fund Manager of UTI Arbitrage Fund Direct Growth Option, since 1 January 2021
Top funds managed
UTI Arbitrage Fund Direct Growth Option 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 6.69% since inception which is more than its category average return of 5.18%
AUM size ₹4549 Cr
This fund has AUM of ₹4549 Cr which is less than its category average of ₹ 5953 Cr
Expense Ratio 0.38%
This fund has an expense ratio of 0.38% which is less than its category average expense ratio of 0.71%
Frequently Asked Questions
The current NAV of UTI Arbitrage Fund Direct Growth Option is ₹34.15 as on 24-Apr-2024.
Existing (Absolute + CAGR) as on 24-Apr-2024.
UTI Arbitrage Fund Direct Growth Option | Absolute Returns | CAGR Returns |
1 Month Returns | 0.91% | 0.91% |
6 Month Returns | 4.13% | 4.13% |
1 Year Returns | 8.43% | 8.43% |
3 Years Returns | 19.47% | 6.11% |
5 Years Returns | 32.9% | 5.85% |
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.
0.38% as on March 2024
₹4549 Cr as on March 2024
UTI Money Market Dir Gr(13.43%), HDFC Bank Ltd(6.19%), Reliance Industries Ltd(4.07%), Vedanta Ltd(3.48%), State Bank of India(3.09%) as on March 2024
Cash Equivalent(90.93%), Corporate(8.25%), Government(1.38%) as on March 2024
AAA | 100 |
Amit Sharma, Sharwan Kumar Goyal are the fund managers of UTI Arbitrage Fund Direct Growth Option
The Exit load of UTI Arbitrage Fund Direct Growth Option is 0.25%