VR Logo

2 star

SBI Arbitrage Opportunities Fund


Hybrid: Arbitrage

1 Lakh

Investment Grown to
₹ 1.15 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.83 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
Fund 1.02 -0.01 0.21 0.55 0.98 1.66 2.99 4.91 5.34 5.96 6.83
CCIL T Bill Liquidity Weight 0.54 0.02 0.02 0.20 0.49 0.99 2.47 3.65 3.86 4.33 4.65
Hybrid: Arbitrage 0.96 -0.01 0.19 0.54 0.94 1.60 3.29 4.88 5.46 6.03 6.85
Rank within category 15 13 8 16 16 17 18 13 12 8 5
Number of funds in category 27 27 27 27 27 27 25 18 15 10 10

As on 16-Apr-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
SBI Arbitrage Opportunities Fund  | Invest Online
2 star
Nov-06 2.99 4.91 5.34 0.90 3,478
Kotak Equity Arbitrage Fund Regular Plan  | Invest Online
5 star
Sep-05 3.99 5.35 5.68 1.00 17,835
Nippon India Arbitrage Fund  | Invest Online
4 star
Oct-10 3.90 5.35 5.70 1.01 10,211
UTI Arbitrage Fund - Regular Plan  | Invest Online
4 star
Jun-06 4.00 5.34 5.63 0.95 3,843
Edelweiss Arbitrage Fund - Regular Plan  | Invest Online
5 star
Jun-14 3.71 5.34 5.68 1.09 3,707

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 1.12 15-Jan-2008 - 22-Jan-2008 -0.55 29-May-2020 - 05-Jun-2020
Month 1.84 24-Dec-2007 - 23-Jan-2008 -0.33 29-May-2020 - 29-Jun-2020
Quarter 3.24 07-Mar-2012 - 07-Jun-2012 -0.17 29-May-2020 - 28-Aug-2020
Year 11.00 22-Jan-2007 - 22-Jan-2008 2.21 16-Mar-2020 - 16-Mar-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 4.79 0.86 0.37 0.54 1.01 1.20
CCIL T Bill Liquidity Weight 3.60 0.37 -2.39 -5.59 -- --
Hybrid: Arbitrage 4.77 0.95 0.52 0.82 0.88 1.06
Rank within category 13 15 15 13 15 12
Number of funds in category 18 18 18 18 18 18

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

As on 31-Mar-2021

Asset Allocation (%)

ajax-loader
Please wait...

Concentration & Valuation

Number of Stocks 103
Top 10 Holdings (%) 42.11
Top 5 Holdings (%) 26.58
Top 3 Sectors (%) --
Portfolio P/B Ratio 2.17
Portfolio P/E Ratio 22.98
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
equal Reserve Bank of India 2021 Treasury Bills SOV 0.00 - 5.93 5.73
equal Reserve Bank of India 13/05/2021 Treasury Bills SOV 0.00 - 3.70 3.58
equal Reserve Bank of India 364-D 13/05/2021 Treasury Bills SOV 0.00 - 3.38 2.87
new Reserve Bank of India 364-D 19/08/2021 Treasury Bills SOV 0.00 - 2.27 2.27
equal Reserve Bank of India 182-D 08/04/2021 Treasury Bills SOV 0.00 - 1.69 1.44
equal Reserve Bank of India 364-D 22/04/2021 Treasury Bills SOV 0.00 - 1.48 1.44
equal 7.80% GOI 2021 Central Government Loan SOV 0.00 - 1.73 1.44
equal Reserve Bank of India 364-D 10/06/2021 Treasury Bills SOV 0.00 - 1.48 1.43
new Reserve Bank of India 364-D 01/07/2021 Treasury Bills SOV 0.00 - 1.43 1.43
equal TMF Holdings 91-D 10/05/2021 Commercial Paper A1+ 0.00 - 1.46 1.43
equal TMF Holdings 2021 Commercial Paper A1+ 0.00 - 1.63 1.39
new 7.47% Federal Bank 639-D Term Deposits -- 0.00 - 0.72 0.72
equal Reserve Bank of India 364-D 17/06/2021 Treasury Bills SOV 0.00 - 0.58 0.57

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
equal State Bank of India Financial 13.08 7.18 0.00 6.13
up Bharti Airtel Communication -- 9.63 0.00 5.97
down Grasim Industries Construction 21.98 4.52 0.09 4.52
down ICICI Bank Financial 26.57 4.46 0.00 4.23
up Axis Bank Financial 68.55 4.18 0.00 3.24
equal JSW Steel Metals 37.94 3.14 0.72 3.14
up Tata Steel Metals -- 2.70 0.19 2.70
up Reliance Industries Energy 30.95 10.62 0.00 2.64
equal Sun Pharmaceutical Inds. Healthcare 64.33 3.28 0.00 2.42
down HDFC Financial 26.52 7.39 0.00 2.32
equal Zee Entertainment Services -- 2.04 0.00 2.00
up Dr. Reddy's Lab Healthcare 37.41 6.17 1.12 1.92
up SAIL Metals 11.35 1.78 0.00 1.78
new BPCL Energy 22.36 1.73 0.00 1.73
up Adani Ports and Special Economic Zone Services 37.98 2.20 0.00 1.52
up Dabur India FMCG 63.64 1.24 0.00 1.06
down Aurobindo Pharma Healthcare 10.37 1.22 0.24 0.99
equal Canara Bank Financial -- 0.89 0.00 0.84
down Infosys Technology 29.78 1.48 0.00 0.77
up Asian Paints Chemicals 93.02 2.11 0.00 0.76
equal United Spirits FMCG 161.70 0.80 0.00 0.74
down ITC FMCG 19.30 3.58 0.00 0.70
equal Vedanta Metals -- 1.25 0.06 0.65
equal Pidilite Industries Chemicals 94.30 1.24 0.00 0.64
down Divi's Laboratories Healthcare 54.27 1.17 0.08 0.58

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-Mar-2021

Fund Manager

— Neeraj Kumar since 05-Oct-2012

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:

— Rajeev Radhakrishnan since 25-Jan-2020

Education: Mr. Radhakrishnan is B.E (Production), MMS (Finance) and CFA.

Experience: Prior to joining SBI AMC he has worked with UTI Asset Management Company Ltd.

Funds Managed:


-0.01%

Change from previous, NAV as on 16-Apr-2021

Growth: ₹ 26.2650

IDCW: ₹ 13.8122


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

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum 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: 03-Nov-2006
Return Since Launch: 6.91%
Benchmark: NIFTY 50 Arbitrage TRI
Riskometer: Low
Type: Open-ended
Assets: ₹ 3,478 Cr (As on 31-Mar-2021)
Expense: 0.90% (As on 31-Mar-2021)
Risk Grade: Above Average
Return Grade: Below Average
Turnover: 68.00%

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-20190.0531
 25-Oct-20190.0531
 27-Sep-20190.0531
 30-Aug-20190.0531
 26-Jul-20190.0531
 28-Jun-20190.0531
 31-May-20190.0531
 26-Apr-20190.0531
 29-Mar-20190.0531
 27-Feb-20190.0531
 25-Jan-20190.0531
 28-Dec-20180.0531
 30-Nov-20180.0531
 26-Oct-20180.0531
 28-Sep-20180.0531
 31-Aug-20180.0531
 27-Jul-20180.0531
 29-Jun-20180.0531
 30-May-20180.0531
 25-Apr-20180.0531
 23-Mar-20180.0600

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

Upcoming Video

Investors' Hangout

How to optimise returns with measured risk

DateFriday, 23-Apr-2021
Time12:30 PM - 01:00 PM