Tata Arbitrage Fund Direct Monthly Reinvestment of Income Distribution cum Capital Withdrawal

Tata Arbitrage Fund Direct Monthly Reinvestment 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.

1. Tata Arbitrage Fund Direct Monthly Reinvestment of Income Distribution cum Capital Withdrawal has ₹13629 Cr worth of assets under management (AUM) as on Apr 2025 and is more than category average.
2. The fund has an expense ratio 0.3.
   

Tata Arbitrage Fund Direct Monthly Reinvestment of Income Distribution cum Capital Withdrawal 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 7.95%, 7.59% and 6.37% respectively.

Tata Arbitrage Fund Direct Monthly Reinvestment of Income Distribution cum Capital Withdrawal has allocated its funds majorly in Cash Equivalent, Financial Services, Corporate, Basic Materials, Energy, Industrial, Consumer Defensive, Tech, Consumer Cyclical, Government, Communication, Utilities, Health, Real Estate.

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 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

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.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 150.00. Tata Arbitrage Fund Direct Monthly Reinvestment of Income Distribution cum Capital Withdrawal has no lock in period.