Aditya Birla Sun Life Arbitrage Fund Direct Plan Growth
Hybrid
Direct
Arbitrage Fund
NAV: ₹ 26.22 as on 30-04-2024
Fund Performance
138 people have invested ₹ 54.3L in Aditya Birla Sun Life Arbitrage Fund Direct Plan Growth in the last three months
Mutual Fund Insights
Over the last 3 months, this fund has experienced a 35.6% growth in AUM moving from 7.77K Cr to 10.54K Cr.
This fund has one of the lowest expense ratio in the category (arbitrage fund). Its expense ratio is 0.35% which is lower than the category average expense ratio of 0.7%.
Over the last 15 months, this fund has increased expense ratio by 6.1% moving from 0.33 to 0.35.
In the last 3 years, Invesco India Arbitrage Fund Direct Plan Growth Option has given 6.54% return, outperforming this fund by 0.34% per annum.
In the last 1 year, Kotak Equity Arbitrage Fund Direct Growth has given 8.6% return, outperforming this fund by 0.24%.
In the last 5 years, Tata Arbitrage Fund Direct Growth has given 6.15% return, outperforming this fund by 0.28% per annum.
About the Aditya Birla Sun Life Arbitrage Fund Direct Plan Growth
Aditya Birla Sun Life Arbitrage Fund Direct Plan Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Lovelish Solanki. This fund gives you the benefit of diversification.
Key Parameters
- Aditya Birla Sun Life Arbitrage Fund Direct Plan Growth has ₹10549 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.4.
Overview
 | 0.35% |
 Benchmark | NIFTY 50 Arbitrage TR INR |
 | ₹10549 Cr |
 | 1 January, 2013 |
 | ₹1000/₹100 |
 Exit Load | 0.25% |
 | No Lock-in |
 TurnOver | 1087.11% |
Aditya Birla Sun Life Arbitrage Fund Direct Plan Growth Distribution as on (31-Mar-24)
Credit rating breakup
AAA
100%
Sector Allocation
Cash Equivalent
86.9%
Corporate
9.4%
Government
3.7%
Top Holdings of Aditya Birla Sun Life Arbitrage Fund Direct Plan Growth as on (30-Apr-24)
Equity Holdings152
Debt Holdings2
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 10.5K Cr as of Mar'24
- AUM decreased by 119.2 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Fund Manager
Lovelish Solanki
Fund Manager of Aditya Birla Sun Life Arbitrage Fund Direct Plan Growth, since 15 December 2014
Top funds managed
Aditya Birla Sun Life Arbitrage Fund Direct Plan Growth 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 6.94% since inception which is more than its category average return of 5.18%
AUM size ₹10549 Cr
This fund has AUM of ₹10549 Cr which is more than its category average of ₹ 5953 Cr
Expense Ratio 0.35%
This fund has an expense ratio of 0.35% which is less than its category average expense ratio of 0.71%
Frequently Asked Questions
The current NAV of Aditya Birla Sun Life Arbitrage Fund Direct Plan Growth is ₹26.22 as on 30-Apr-2024.
Existing (Absolute + CAGR) as on 30-Apr-2024.
Aditya Birla Sun Life Arbitrage Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.72% | 0.72% |
6 Month Returns | 4.16% | 4.16% |
1 Year Returns | 8.36% | 8.36% |
3 Years Returns | 19.79% | 6.2% |
5 Years Returns | 32.97% | 5.86% |
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.
0.35% as on April 2024
₹10549 Cr as on April 2024
Aditya BSL Money Mgr Dir Gr(18.98%), HDFC Bank Ltd(7.24%), Reliance Industries Ltd(3.81%), Tata Consultancy Services Ltd(2.64%), Larsen & Toubro Ltd(2.47%) as on April 2024
Cash Equivalent(87.36%), Corporate(9.5%), Government(3.7%) as on April 2024
AAA | 100 |
Lovelish Solanki is the fund manager of Aditya Birla Sun Life Arbitrage Fund Direct Plan Growth
The Exit load of Aditya Birla Sun Life Arbitrage Fund Direct Plan Growth is 0.25%