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1 star

Sundaram Arbitrage Fund - Regular Plan


Hybrid: Arbitrage

1 Lakh

Investment Grown to
₹ 1.09 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.73 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 0.16 0.11 0.06 0.16 0.54 0.95 2.38 2.76 2.49 -- --
CCIL T Bill Liquidity Weight 0.09 0.01 0.06 0.18 0.52 1.04 2.10 3.09 3.50 -- --
Hybrid: Arbitrage 0.26 0.13 0.13 0.33 0.96 1.66 3.53 4.39 4.91 -- --
Rank within category 24 21 23 24 24 24 24 19 16 -- --
Number of funds in category 24 24 24 24 24 24 24 19 16 14 9

As on 18-Jan-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Sundaram Arbitrage Fund - Regular Plan
1 star
Apr-16 2.38 2.76 2.49 0.85% 89
Kotak Equity Arbitrage Fund Regular Plan  | Invest Online
5 star
Sep-05 4.08 4.78 5.34 1.00% 24,642
Tata Arbitrage Fund - Regular Plan  | Invest Online
5 star
Dec-18 3.91 4.97 -- 1.09% 11,119
Aditya Birla Sun Life Arbitrage Fund  | Invest Online
4 star
Jul-09 3.98 4.70 5.18 1.00% 8,562
Edelweiss Arbitrage Fund - Regular Plan  | Invest Online
5 star
Jun-14 3.98 4.80 5.33 1.07% 6,401

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 0.52 17-Apr-2020 - 24-Apr-2020 -3.09 18-Sep-2018 - 25-Sep-2018
Month 0.90 29-Jan-2020 - 28-Feb-2020 -5.14 24-Aug-2018 - 25-Sep-2018
Quarter 1.74 10-May-2016 - 09-Aug-2016 -4.60 02-Jul-2018 - 01-Oct-2018
Year 5.59 02-Jun-2017 - 04-Jun-2018 -1.56 11-Apr-2018 - 11-Apr-2019

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 2.78 0.90 -1.06 -1.41 0.56 -0.62
CCIL T Bill Liquidity Weight 3.13 0.39 -1.53 -4.65 -- --
Hybrid: Arbitrage 4.34 0.81 0.78 1.16 0.87 1.14
Rank within category 20 20 20 20 2 20
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 28
Top 10 Holdings (%) 39.90
Top 5 Holdings (%) 25.55
Top 3 Sectors (%) --
Portfolio P/B Ratio 2.55
Portfolio P/E Ratio 19.10
Avg Credit Rating AA

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
new Reserve Bank of India 91-D 03/03/2022 Treasury Bills SOV 0.00 - 0.22 0.22
equal Reserve Bank of India 91-D 06/01/2022 Treasury Bills SOV 0.00 - 0.13 0.01
new Others Margin Money -- - 23.84

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
new Axis Bank Financial 22.25 9.33 0.00 9.33
up Reliance Industries Energy 32.62 9.65 0.00 5.65
new Jindal Steel & Power Metals 6.00 3.81 0.00 3.81
up State Bank of India Financial 15.78 8.82 0.00 3.49
up Hindustan Unilever FMCG 66.26 3.26 0.00 3.26
new HDFC Financial 23.15 8.04 0.00 3.23
up ITC FMCG 19.06 4.77 0.00 3.21
new Apollo Hospitals Healthcare 64.13 2.96 0.00 2.96
new Bajaj Finserv Financial 68.47 2.49 0.00 2.49
new Adani Ports and Special Economic Zone Services 30.54 2.46 0.00 2.46
new Tata Consultancy Services Technology 39.21 3.48 0.00 2.46
new HCL Technologies Technology 30.07 2.28 0.00 2.28
up LIC Housing Fin. Financial 13.84 3.66 0.00 2.16
up ICICI Bank Financial 26.94 10.52 0.00 1.94
new Tata Steel Metals 4.68 1.91 0.00 1.91
new Bharat Forge Automobile 83.30 1.88 0.00 1.88
new HDFC Asset Management Company Financial 37.90 1.87 0.00 1.87
new HDFC Life Insurance Insurance 124.89 1.53 0.00 1.53
new Hindalco Inds. Metals 11.13 1.49 0.00 1.49
new Canara Bank Financial 9.00 1.46 0.00 1.46
new SBI Cards & Payments Services Financial 80.05 1.41 0.00 1.41
new Page Industries Textiles 110.62 1.36 0.00 1.36
new Infosys Technology 37.57 6.76 0.00 1.27
up Larsen & Toubro Construction 32.50 8.40 0.00 1.22
new Asian Paints Chemicals 99.38 1.20 0.00 1.20

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

— Ashish Aggarwal since 01-Jan-2022

Education: Mr. Aggarwal has done BE, PGPM

Experience: Prior to joining Sundaram Mutual Fund, he has worked with Principal Mutual Fund, IL&FS Investsmart, Tata Securities and Antique Stock Broking.

Funds Managed:

— Rohit Seksaria since 01-Jan-2022

Education: Mr. Seksaria is CS, CA & has done MBA from IIM Ahmedabad

Experience: Prior to joining Sundaram Mutual Fund he has worked with Progress Capital/Asia Capital & Advisor Pte Ltd., Matchpoint Investment Management and Progress Capital Pte Ltd.

Funds Managed:

— Dwijendra Srivastava since 01-Jan-2022

Education: Mr. Srivastava is B.Tech , PGDM (Finance) and CFA.

Experience: Prior to joining Sundaram Mutual Fund he has worked with PGIM India Mutual Fund, JM Financial AMC, Tata AMC Private Ltd., Tower Capital and Securities, Indo Swiss Financial and Gontermann Pipers.

Funds Managed:


0.11%

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

Growth: ₹ 11.8096

IDCW Monthly: ₹ 10.3834


Investment Strategy

The scheme seeks to generate capital appreciation and 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

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 500
Min. No of Cheques 12
Min. Withdrawal (₹) 500
Min. Balance (₹) 1
Lock-in Period Not Applicable
Exit Load 0.5% for redemption within 30 days

Basic Details

Fund House: Sundaram Mutual Fund
Launch Date: 21-Apr-2016
Return Since Launch: 2.94%
Benchmark: NIFTY 50 Arbitrage TRI
Riskometer: Low
Type: Open-ended
Assets: ₹ 89 Cr (As on 31-Dec-2021)
Expense: 0.85% (As on 30-Nov-2021)
Risk Grade: High
Return Grade: Low
Turnover: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Monthly17-Jun-20200.0556

 15-May-20200.0559
 17-Apr-20200.0561
 17-Mar-20200.0498
 17-Sep-20190.0519
 17-Jun-20190.0553
 17-May-20190.0554
 16-Apr-20190.0554
 15-Mar-20190.0556
 15-Feb-20190.0559
 17-Sep-20180.0549
 17-Aug-20180.0557
 17-Jul-20180.0558
 15-Jun-20180.0539
 17-May-20180.0539
 17-Apr-20180.0540
 16-Mar-20180.0611
 17-Mar-20170.0470
 17-Feb-20170.0470
 17-Jan-20170.0514
 15-Dec-20160.0515
 15-Nov-20160.0515
 24-Oct-20160.0516

Contact Information

AMC: Sundaram Asset Management Company Ltd

Address: Sundaram Towers, 2nd Floor, 46, Whites Road, Royapettah Chennai - 600014

Phone: 1860-425-7237

Email: [email protected]

Website: http://www.sundarammutual.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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