Aditya Birla Sun Life Arbitrage Fund - Direct Plan

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Value Research Rating

4 star

Analyst’s Choice

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Riskometer

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Low

₹26.7147 0.00%

As on 22-Jul-2024

Returns

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Calculate SIP Returns of Aditya Birla Sun Life Arbitrage Fund - Direct Plan

Upfront Investment

Monthly SIP Amount

Investment Duration

years

Risk info

This fund has Low risk.

Low
Low to Moderate
Moderate
Moderately High
High
Very High

As per SEBI's Riskometer.

Portfolio of Aditya Birla Sun Life Arbitrage Fund - Direct Plan

Asset Allocation

Split between different types of investments

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Market Cap Weightage

Split between categories of Equity investments

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Peer Comparison

Other details of Aditya Birla Sun Life Arbitrage Fund - Direct Plan

Assets info

₹12,158 Cr

Exit Load (Days) info

0.25 (15)

Min. Investment (₹)

1,000

Min. Withdrawal (₹)

1

Min. SIP Investment (₹)

100

Min. No of Cheques

6

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).

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."

Capital Gains Taxation

  • 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.

Dividend Taxation

  • 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.

FAQ for Aditya Birla Sun Life Arbitrage Fund - Direct Plan

Aditya Birla Sun Life Arbitrage Fund - Direct Plan invests in equity shares and derivatives and earns through the price differential between a stock and its futures.

Mutual funds can be bought directly from the website of the fund house. For instance, Aditya Birla Sun Life Arbitrage Fund - Direct Plan fund can be purchased from the website of Aditya Birla Sun Life Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.

The NAV of Aditya Birla Sun Life Arbitrage Fund - Direct Plan is ₹26.7147 as of 23-Jul-2024.

The AUM of Aditya Birla Sun Life Arbitrage Fund - Direct Plan Fund is ₹12,158 Cr as of 30-Jun-2024

The riskometer level of Aditya Birla Sun Life Arbitrage Fund - Direct Plan is Low. See More

Company Percentage of Portfolio

Aditya Birla SL Money Manager Direct-G

19.93

Aditya Birla SL Floating Rate Direct-G

5.54
See More

As of 30-Jun-2024, Aditya Birla Sun Life Arbitrage Fund - Direct Plan had invested 74.23% in Cash & Cash Eq., 25.43% in Debt and 0.34% in Equity See More

Aditya Birla Sun Life Arbitrage Fund - Direct Plan is 11 years 6 months old. It has delivered 6.95% returns since inception. See More

1Y
3Y
5Y
7Y
10Y
Since Inception
8.44%
6.44%
5.91%
6.16%
6.51%
6.95%

No, There is no lock in period in Aditya Birla Sun Life Arbitrage Fund - Direct Plan.

The expense ratio of Aditya Birla Sun Life Arbitrage Fund - Direct Plan is 0.29.

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