VR Logo

3 star

Aditya Birla Sun Life Arbitrage Fund download report


Hybrid: Arbitrage

1 Lakh

Investment Grown to
₹ 1.12 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.80 Lakh

Suitability:

"Arbitrage funds invest in equity shares and derivatives, and earn their returns through the price differential between a stock and its futures. You can expect to earn better returns than what you would get from a bank account.

They are usually suitable to park your money for a period ranging between three months to a year. However, we believe that liquid funds, which have a similar risk-return payoff, are a better alternative for most investors for such a time frame. Arbitrage funds may have some appeal for those who are in the highest tax bracket, given the preferential tax treatment of these funds.

The risk of incurring a loss in these funds over the said time frame is low but they do not guarantee returns or safety of capital.

Remember, these funds usually deliver low returns which are only marginally higher than your bank account. They are not suitable if your aim is to build wealth in the long run."

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Aditya Birla SL Arbitrage-G 2.09 0.02 0.07 0.31 0.70 1.43 3.19 3.98 4.87 5.21 6.17
CCIL T Bill Liquidity Weight 1.26 0.01 0.04 0.24 0.72 0.96 1.99 2.58 3.26 3.62 4.20
Hybrid: Arbitrage 1.94 0.02 0.06 0.28 0.62 1.31 2.99 3.75 4.63 5.16 6.15
Rank within category 7 16 7 5 8 8 9 11 9 8 4
Number of funds in category 25 26 26 25 25 25 25 22 17 15 10

As on 18-Aug-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Aditya Birla Sun Life Arbitrage Fund  | Invest Online
3 star
Jul-09 3.19 3.98 4.87 1.03 6,796
Kotak Equity Arbitrage Fund Regular Plan  | Invest Online
5 star
Sep-05 3.57 4.15 5.04 1.02 24,543
Nippon India Arbitrage Fund  | Invest Online
4 star
Oct-10 3.36 4.03 5.03 1.06 10,295
Tata Arbitrage Fund - Regular Plan  | Invest Online
5 star
Dec-18 3.07 4.20 -- 1.07 7,985
Edelweiss Arbitrage Fund - Regular Plan  | Invest Online
5 star
Jun-14 3.48 4.16 5.00 1.07 6,648

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 1.15 11-Mar-2014 - 18-Mar-2014 -0.84 11-Aug-2010 - 18-Aug-2010
Month 1.97 27-Oct-2010 - 26-Nov-2010 -0.51 23-Jul-2010 - 23-Aug-2010
Quarter 3.55 18-Oct-2010 - 17-Jan-2011 -0.12 01-Jun-2010 - 31-Aug-2010
Year 10.62 16-Apr-2013 - 16-Apr-2014 2.39 17-Aug-2009 - 17-Aug-2010

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Aditya Birla SL Arbitrage-G 3.92 0.73 0.59 0.76 0.54 0.91
CCIL T Bill Liquidity Weight 2.60 0.34 -2.61 -4.87 -- --
Hybrid: Arbitrage 3.70 0.73 0.27 0.36 0.55 0.70
Rank within category 11 8 9 11 13 12
Number of funds in category 22 22 22 22 22 22

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Jul-2022

Asset Allocation (%)

ajax-loader
Please wait...

Concentration & Valuation

Number of Stocks 136
Top 10 Holdings (%) 51.02
Top 5 Holdings (%) 41.84
Top 3 Sectors (%) 0.16
Portfolio P/B Ratio 2.45
Portfolio P/E Ratio 18.37
Avg Credit Rating GOI/Cash

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
down Aditya Birla SL Money Manager Direct-G Mutual Fund -- 20.67 - 27.74 25.97
equal Aditya Birla SL Floating Rate Direct-G Mutual Fund -- 0.78 - 5.33 0.97
equal 8.37% LIC Housing Fin. 21/05/2023 Debenture AAA 0.17 - 0.22 0.22
equal Others CBLO -- - 5.64

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

Sector Allocation vis-à-vis Category

ajax-loader
Please wait...

Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
down Adani Ports and Special Economic Zone Services 38.95 5.59 0.00 5.59
up Reliance Industries Energy 27.12 8.87 1.35 4.78
down HDFC Bank Financial 21.15 3.43 0.00 3.25
down ICICI Bank Financial 22.21 5.67 0.00 2.25
down JSW Steel Metals & Mining 10.44 2.85 0.69 2.13
equal Adani Enterprises Services 368.90 1.90 0.09 1.90
down Axis Bank Financial 14.56 4.70 0.72 1.87
up Zee Entertainment Services 28.31 1.73 0.00 1.73
up Bharti Airtel Communication 78.28 5.63 0.26 1.55
up DLF Construction 58.98 1.50 0.14 1.50
up HCL Technologies Technology 19.46 2.00 0.08 1.46
up Indusind Bank Financial 15.80 2.25 0.00 1.45
up Tata Consultancy Services Technology 31.89 3.22 0.00 1.40
down HDFC Financial 19.82 9.01 0.51 1.32
down Bajaj Finance Financial 52.60 3.46 0.00 1.31
down State Bank of India Financial 13.45 5.03 0.86 1.17
down Tech Mahindra Technology 20.17 1.13 0.08 1.13
up Tata Power Company Energy 35.45 1.05 0.00 0.99
up Jindal Steel & Power Metals & Mining 5.53 0.93 0.00 0.85
down Indian Energy Exchange Services 47.37 0.78 0.00 0.78
down ICICI Lombard General Insurance Company Insurance 45.71 0.82 0.00 0.75
up Nestle India Consumer Staples 89.24 2.10 0.00 0.74
down Grasim Industries Materials 13.60 1.93 0.48 0.74
down Sun Pharmaceutical Industries Healthcare 56.51 4.36 0.38 0.74
down Aurobindo Pharma Healthcare 14.24 3.68 0.00 0.72

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Jul-2022

Fund Manager

— Lovelish Solanki since 15-Dec-2014

Education: He has done BMS and MMS in finance.

Experience: Prior to joining Aditya Birla Sun Life AMC Limited, he was Equity /Equity Derivatives - Trader at Union KBC Asset Management Co Limited since February 2011. Before that he worked at Edleweiss Asset Management Co. Ltd since January 2008.

Funds Managed:


0.02%

Change from previous, NAV as on 18-Aug-2022

Growth: ₹ 21.8642

IDCW: ₹ 11.0606


Investment Strategy

The Scheme seeks to generate income by investing predominantly in equity and equity related instruments. It intends to take advantage from the price differentials / mis-pricing prevailing for stock / index in various market segments (Cash & Future).

Investment Details

Min. Investment (₹) 1,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 1,000
Min. No of Cheques 6
Min. Withdrawal (₹) 1
Min. Balance (₹) 500
Lock-in Period Not Applicable
Exit Load 0.25% for redemption within 30 days

Basic Details

Fund House: Aditya Birla Sun Life Mutual Fund
Launch Date: 24-Jul-2009
Return Since Launch: 6.16%
Benchmark: NIFTY 50 Arbitrage TRI
Riskometer: Low
Type: Open-ended
Assets: ₹ 6,796 Cr (As on 31-Jul-2022)
Expense Ratio: 1.03% (As on 31-Jul-2022)
Risk Grade: Below Average
Return Grade: Average
Turnover: 1,012.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW22-Jul-20220.0450

 24-Jun-20220.0370
 20-May-20220.0370
 25-Apr-20220.0370
 25-Mar-20220.0370
 18-Feb-20220.0280
 21-Jan-20220.0370
 24-Dec-20210.0370
 24-Sep-20210.0370
 20-Aug-20210.0550
 21-May-20210.0530
 23-Apr-20210.0280
 23-Oct-20200.0320
 19-Jun-20200.0270
 22-May-20200.0540
 24-Apr-20200.0270
 18-Mar-20200.0885
 24-Feb-20200.0452
 24-Jan-20200.0389
 22-Nov-20190.0478
 25-Oct-20190.0496
 20-Sep-20190.0478
 23-Aug-20190.0478
 19-Jul-20190.0478
 21-Jun-20190.0443

Contact Information

AMC: Aditya Birla Sun Life AMC Ltd.

Address: One India Bulls Center - Tower 1, 17th Floor - Jupiter Mills Compound, 841 Senapati Bhawan, Elphinstone Road, Mumbai - 400013

Fax: 022-43568110

Website: http://mutualfund.adityabirlacapital.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

Upcoming Video

Investors' Hangout

Most-asked mutual fund queries answered

DateFri, 19-Aug-2022
Time12:30 PM - 12:40 PM

attending You have reserved a spot