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Indiabulls Arbitrage Fund - Regular Plan


1 Lakh

Investment Grown to
₹ 1.18 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.90 Lakh

Analyst's Choice?

Suitability:

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

Arbitrage funds keep their equity investments fully hedged, which basically means that their returns are not impacted by the day-to-day ups and downs of the stock market. The risk of incurring a loss in these funds is low but they do not guarantee returns or safety of capital.

Retail investors can avoid these funds altogether. We believe that liquid funds are a better alternative with a somewhat similar risk-return payoff but better liquidity.

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 paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 2.10 -0.43 0.01 0.19 0.76 2.32 5.16 5.74 6.11 -- --
CCIL T Bill Liquidity Weight 1.76 -0.02 -0.02 0.23 1.18 1.98 4.11 4.21 4.40 -- --
Hybrid: Arbitrage 2.29 -0.46 -0.01 0.29 0.95 2.52 5.23 5.73 6.06 -- --
Rank within category 17 7 15 21 17 19 17 13 7 -- --
Number of funds in category 24 25 25 25 25 24 23 17 15 10 9

As on 01-Jun-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 2.39 (28-Dec-2016 - 04-Jan-2017) -2.11 (04-Jan-2017 - 11-Jan-2017)
Month 2.80 (05-Dec-2016 - 04-Jan-2017) -1.87 (04-Jan-2017 - 03-Feb-2017)
Quarter 3.92 (05-Oct-2016 - 04-Jan-2017) -0.83 (04-Jan-2017 - 05-Apr-2017)
Year 9.47 (05-Jan-2016 - 04-Jan-2017) 3.56 (04-Jan-2017 - 04-Jan-2018)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.76 0.58 0.65 1.09 -0.10 0.26
CCIL T Bill Liquidity Weight 4.15 0.27 -4.64 -8.65 -- --
Hybrid: Arbitrage 5.76 0.74 0.87 1.71 0.03 0.41
Rank within category 13 9 14 14 8 14
Number of funds in category 17 17 17 17 17 17

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

As on 31-May-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 33
Top 10 Holdings (%) 57.75
Top 5 Holdings (%) 44.27
Top 3 Sectors (%) 0.03
Portfolio P/B Ratio 2.35
Portfolio P/E Ratio 14.93

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 AU Small Finance Bank Fixed Deposits -- 0.00 - 19.83 19.83

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 HDFC Financial 14.66 11.16 0.00 11.16
equal Infosys Technology 18.17 8.20 0.00 5.32
equal Bharti Airtel Communication -- 5.24 0.00 4.25
equal Axis Bank Financial 62.42 7.12 0.00 3.71
new Divi's Laboratories Healthcare 50.38 3.24 0.00 3.24
up Adani Ports and Special Economic Zone Services 18.36 3.06 0.00 3.06
equal Lupin Healthcare -- 2.75 0.00 2.75
equal ACC Construction 17.86 3.69 0.00 2.34
new Power Grid Corporation Energy 5.56 2.09 0.00 2.09
new Mahindra & Mahindra Automobile 26.68 2.64 0.00 2.00
up Bajaj Finance Financial 26.82 5.18 0.00 1.87
up United Spirits FMCG 63.22 7.86 0.00 1.83
new Hindustan Unilever FMCG 73.32 1.80 0.00 1.80
down Hero Motocorp Automobile 12.19 2.91 0.00 1.61
up Sun TV Network Services 11.42 1.60 0.00 1.60
new Aurobindo Pharma Healthcare 16.76 2.66 0.00 1.55
equal Maruti Suzuki India Automobile 30.27 9.19 0.00 1.46
new Petronet LNG Energy 13.09 1.45 0.00 1.45
equal Tata Consultancy Services Technology 23.75 3.61 0.00 1.37
down Indian Oil Corp. Energy 6.26 3.06 0.00 1.25
new HDFC Life Insurance Financial 77.74 1.12 0.00 1.12
equal Coal India Energy 4.88 1.09 0.00 1.09
down Sun Pharmaceutical Inds. Healthcare 30.16 9.20 0.00 1.01
equal HCL Technologies Technology 13.76 2.84 0.00 0.94
equal Vedanta Metals 4.25 2.51 0.00 0.93

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 30-Apr-2020

Fund Manager

— Rajeev Desai since 12-May-2020

Education: Mr. Desai has done PGDBM (Finance) and B.E. (Mech).

Experience: Prior to joining Indiabulls Mutual Fund, he has worked with Systematix Shares & Stocks (I) Ltd, IFCI Financial Services Ltd., IDFC Securities Ltd. (earlier IDFC SSKI Securities Ltd.), Batliboi Ltd., Blue Star Ltd., Contec Airflow India Pvt. Ltd.

Funds Managed:

— Karan Singh since 30-May-2020

Education: Mr. Singh is B.A (Honours) in Economics, PGDBF & CFA - Level 1

Experience: Prior to joining IndiaBulls Mutual Fund he has worked with Taurus Corporate Advisory Services Ltd., DIOS Capital, Invesco Asset Management Company Ltd., Fidelity Investments and ICRA Ltd.

Funds Managed:


-0.43%

Change from previous, NAV as on 01-Jun-2020

Growth: ₹ 14.0375

Dividend Yearly: ₹ 11.3908

More

Dividend Quarterly: ₹ 11.4182

Dividend Monthly: ₹ 10.5106

Dividend Half Yearly: ₹ 11.3768


Investment Strategy

The scheme seeks to generate income by predominantly investing in arbitrage opportunities in the cash and derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market instruments.

Investment Details

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 5,000
Exit Load 0.25% for redemption within 30 days

Basic Details

Fund House: Indiabulls Mutual Fund
Launch Date: 19-Dec-2014
Return Since Launch: 6.41%
Benchmark: NIFTY 50 Arbitrage
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 40 Cr (As on 30-Apr-2020)
Expense: 1.12% (As on 30-Apr-2020)
Risk Grade: Average
Return Grade: Average
Turnover: 1,269.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Monthly28-Apr-20200.0550

 24-Feb-20200.0487
 22-Jan-20200.0487
 23-Dec-20190.0487
 25-Nov-20190.0487
 29-Oct-20190.0487
 23-Sep-20190.0487
 26-Aug-20190.0487
 22-Jul-20190.0487
 24-Jun-20190.0487
 27-May-20190.0487
 25-Mar-20190.0487
 21-Feb-20190.0487
 28-Jan-20190.0487
 26-Dec-20180.0487
 27-Nov-20180.0487
 23-Oct-20180.0487
 27-Sep-20180.0487
 23-Aug-20180.0487
 19-Jul-20180.0487
 21-Jun-20180.0487
 27-May-20180.0487
 19-Apr-20180.0487
 22-Mar-20180.0550
 15-Feb-20180.0550

Contact Information

AMC: Indiabulls Asset Management Company Ltd.

Address: Indiabulls Finance Centre - 11th Floor, Elphinstone Mills, Senapati Bapat Marg, Elphinstone (W), Mumbai - 400013

Phone: 022-61891300 / 1800-2666-002

Email: [email protected]

Website: www.indiabullsamc.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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dateFriday, 12-Jun-2020
time12:30 PM - 01:00 PM