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2 star

SBI Arbitrage Opportunities Fund - Direct Plan


Hybrid: Arbitrage

1 Lakh

Investment Grown to
₹ 1.16 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.84 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.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 0.13 -0.02 0.01 0.33 0.95 2.16 4.56 4.93 5.55 6.02 --
CCIL T Bill Liquidity Weight 0.09 0.02 0.03 0.21 0.49 1.07 2.12 3.13 3.51 3.93 --
Hybrid: Arbitrage 0.12 -0.02 0.02 0.32 0.97 1.82 4.17 5.02 5.52 6.19 --
Rank within category 12 16 17 15 16 2 8 16 13 12 --
Number of funds in category 25 25 25 25 25 25 25 20 17 15 0

As on 14-Jan-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
SBI Arbitrage Opportunities Fund - Direct Plan  | Invest Online
2 star
Jan-13 4.56 4.93 5.55 0.38% 5,735
Nippon India Arbitrage Fund - Direct Plan
5 star
Jan-13 4.68 5.45 6.02 0.34% 11,596
Tata Arbitrage Fund - Direct Plan  | Invest Online
5 star
Dec-18 4.73 5.80 -- 0.32% 11,119
Aditya Birla Sun Life Arbitrage Fund - Direct Plan  | Invest Online
4 star
Jan-13 4.67 5.32 5.81 0.32% 8,562
Edelweiss Arbitrage Fund - Direct Plan  | Invest Online
5 star
Jun-14 4.73 5.54 6.02 0.34% 6,401

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 0.60 25-Mar-2020 - 01-Apr-2020 -0.54 29-May-2020 - 05-Jun-2020
Month 1.12 27-Mar-2015 - 27-Apr-2015 -0.29 29-May-2020 - 29-Jun-2020
Quarter 2.72 03-Oct-2013 - 02-Jan-2014 -0.06 29-May-2020 - 28-Aug-2020
Year 9.89 09-Jul-2013 - 09-Jul-2014 2.67 16-Mar-2020 - 16-Mar-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 4.87 0.84 1.36 2.00 0.88 1.67
CCIL T Bill Liquidity Weight 3.13 0.39 -1.53 -4.65 -- --
Hybrid: Arbitrage 4.94 0.80 1.53 2.29 0.86 1.73
Rank within category 16 17 16 16 9 14
Number of funds in category 20 20 20 20 20 20

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

As on 31-Dec-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 158
Top 10 Holdings (%) 34.28
Top 5 Holdings (%) 22.11
Top 3 Sectors (%) --
Portfolio P/B Ratio 2.97
Portfolio P/E Ratio 16.49
Avg Credit Rating GOI/Cash

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
up SBI Savings Direct-G Mutual Fund -- 0.00 - 4.82 4.82
equal TVS Credit Services 91-D 28/02/2022 Commercial Paper A1+ 0.00 - 3.65 3.46
new 8.15% GOI 2022 Central Government Loan SOV 0.00 - 2.66 2.66
equal 8.20% GOI 15/02/2022 Central Government Loan SOV 0.00 - 4.66 2.63
equal SBI Liquid Direct-G Mutual Fund -- 0.00 - 2.77 2.63
new 6.84% GOI 19/12/2022 GOI Securities SOV 0.00 - 1.78 1.78
equal Reserve Bank of India 182-D 28/04/2022 Treasury Bills SOV 0.00 - 1.18 1.12
equal 7.60% Nat. Highways Authority 18/03/2022 Bonds AAA 0.00 - 1.55 0.88
equal Reserve Bank of India 364-D 20/01/2022 Treasury Bills SOV 0.00 - 0.99 0.87
equal Reserve Bank of India 182-D 18/02/2022 Treasury Bills SOV 0.00 - 1.05 0.87
equal Reserve Bank of India 364-D 03/03/2022 Treasury Bills SOV 0.00 - 0.99 0.87
equal Reserve Bank of India 364-D 17/03/2022 Treasury Bills SOV 0.00 - 0.91 0.87
equal Reserve Bank of India 364-D 30/03/2022 Treasury Bills SOV 0.00 - 0.98 0.86
new Reserve Bank of India 182-D 14/04/2022 Treasury Bills SOV 0.00 - 0.86 0.86
equal Reserve Bank of India 364-D 21/04/2022 Treasury Bills SOV 0.00 - 0.91 0.86
equal Reserve Bank of India 182-D 04/05/2022 Treasury Bills SOV 0.00 - 0.63 0.60
equal Reserve Bank of India 364-D 06/01/2022 Treasury Bills SOV 0.00 - 0.63 0.52
equal Reserve Bank of India 364-D 24/03/2022 Treasury Bills SOV 0.00 - 0.53 0.43

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

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up Adani Ports and Special Economic Zone Services 31.15 8.88 0.69 7.18
up Tata Steel Metals 4.76 4.35 0.19 3.98
down JSW Steel Metals 8.27 4.55 0.72 2.54
up Adani Enterprises Services 202.89 2.23 0.00 2.21
up Grasim Industries Construction 19.99 4.52 1.21 2.17
up ITC FMCG 19.22 3.58 0.01 2.16
down Tata Consultancy Services Technology 39.00 3.34 0.00 1.74
up Bharti Airtel Communication 139.95 9.63 0.00 1.59
up Apollo Hospitals Healthcare 69.03 1.58 0.00 1.58
up State Bank of India Financial 15.83 7.18 1.49 1.49
down Axis Bank Financial 22.13 4.18 0.84 1.47
up ICICI Bank Financial 26.79 4.46 0.00 1.42
down Bajaj Finance Financial 94.82 2.89 0.00 1.28
down Sun Pharmaceutical Industries Healthcare 32.95 3.28 1.21 1.21
up ICICI Lombard General Insurance Company Insurance 55.24 1.39 0.00 1.17
up Reliance Industries Energy 32.85 10.62 0.00 1.11
up United Spirits FMCG 81.46 1.09 0.17 1.09
up L&T Infotech Technology 58.83 1.08 0.00 1.08
up Bajaj Auto Automobile 15.35 1.05 0.00 1.05
up Escorts Automobile 29.81 1.01 0.00 0.98
new Ipca Laboratories Healthcare 27.49 0.94 0.00 0.94
up Tata Power Company Energy 53.68 1.40 0.00 0.90
up Tata Motors Automobile -- 1.07 0.00 0.90
up REC Financial 2.96 0.84 0.00 0.84
down HCL Technologies Technology 32.97 1.92 0.00 0.80

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-Dec-2021

Fund Manager

— R Arun since 30-Jun-2021

Education: Mr. Arun is a B.Com (H), PGDM (Finance) and Financial Risk Manager (GARP).

Experience: Prior joining SBI in 2009 he has worked with ING Investment Management, Deutsche Bank India Operations and CRISIL India.

Funds Managed:

— Neeraj Kumar since 01-Jan-2013

Education: Mr.Kumar is a B.Com(H) and ACA.

Experience: Prior to joining SBI AMC he has worked with SBI Funds Management Pvt. Ltd. and LIC.

Funds Managed:


-0.02%

Change from previous, NAV as on 14-Jan-2022

Growth: ₹ 28.2738

IDCW: ₹ 15.2767


Investment Strategy

The scheme will invest 65 to 85 per cent of its assets in equities and equity derivatives and the rest in debt and money market instruments. It will invest in stocks and would offset its investment in stocks by simultaneous equivalent investment in equity derivatives.

Investment Details

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 500
Min. No of Cheques 12
Min. Withdrawal (₹) 500
Min. Balance (₹) 1,000
Lock-in Period Not Applicable
Exit Load 0.25% for redemption within 30 days

Basic Details

Fund House: SBI Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 6.75%
Benchmark: NIFTY 50 Arbitrage TRI
Riskometer: Low
Type: Open-ended
Assets: ₹ 5,735 Cr (As on 31-Dec-2021)
Expense: 0.38% (As on 31-Dec-2021)
Risk Grade: Above Average
Return Grade: Below Average
Turnover: 157.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW27-Mar-20200.0620

 28-Feb-20200.0620
 31-Jan-20200.0620
 27-Dec-20190.0620
 29-Nov-20190.0620
 25-Oct-20190.0620
 27-Sep-20190.0620
 30-Aug-20190.0620
 26-Jul-20190.0620
 28-Jun-20190.0620
 31-May-20190.0620
 26-Apr-20190.0620
 29-Mar-20190.0620
 27-Feb-20190.0620
 25-Jan-20190.0620
 28-Dec-20180.0620
 30-Nov-20180.0620
 26-Oct-20180.0620
 28-Sep-20180.0620
 31-Aug-20180.0620
 27-Jul-20180.0620
 29-Jun-20180.0620
 30-May-20180.0620
 25-Apr-20180.0620
 23-Mar-20180.0700

Contact Information

AMC: SBI Funds Management Ltd

Address: 9th Floor-Crescenzo, C-38 & 39- G Block, Bandra-Kurla Complex, Bandra (East) Mumbai - 400051

Phone: 022-61793000 / 1800-425-5425

Fax: 022-22189663

Email: [email protected]

Website: http://www.sbimf.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

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