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2 star

SBI Arbitrage Opportunities Fund


Hybrid: Arbitrage

1 Lakh

Investment Grown to
₹ 1.14 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.

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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 3.31 0.05 0.09 0.60 1.09 2.13 3.90 4.59 5.14 5.65 6.64
CCIL T Bill Liquidity Weight 1.64 0.03 0.00 0.11 0.53 1.08 2.06 3.34 3.61 4.04 4.52
Hybrid: Arbitrage 2.77 0.06 0.08 0.24 0.67 1.64 3.39 4.49 5.00 5.74 6.64
Rank within category 1 20 11 1 1 1 2 13 10 12 5
Number of funds in category 26 26 26 26 26 26 26 19 16 14 10

As on 22-Oct-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 3.90 4.59 5.14 0.87% 4,683
Kotak Equity Arbitrage Fund Regular Plan  | Invest Online
5 star
Sep-05 3.96 4.87 5.40 1.01% 25,000
Aditya Birla Sun Life Arbitrage Fund  | Invest Online
4 star
Jul-09 3.88 4.81 5.27 0.99% 8,675
Edelweiss Arbitrage Fund - Regular Plan  | Invest Online
5 star
Jun-14 3.79 4.93 5.39 1.10% 6,206
UTI Arbitrage Fund - Regular Plan  | Invest Online
4 star
Jun-06 3.87 4.91 5.36 0.93% 6,184

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 4.50 0.84 0.66 0.95 0.98 1.15
CCIL T Bill Liquidity Weight 3.34 0.40 -1.54 -3.94 -- --
Hybrid: Arbitrage 4.49 0.81 0.70 1.02 0.87 1.08
Rank within category 14 16 15 14 16 13
Number of funds in category 19 19 19 19 19 19

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

As on 30-Sep-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 138
Top 10 Holdings (%) 38.36
Top 5 Holdings (%) 23.18
Top 3 Sectors (%) --
Portfolio P/B Ratio 2.95
Portfolio P/E Ratio 19.38
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
equal 8.20% GOI 15/02/2022 Central Government Loan SOV 0.00 - 4.66 3.26
equal Reserve Bank of India 182-D 07/10/2021 Treasury Bills SOV 0.00 - 3.20 3.20
equal Reserve Bank of India 182-D 21/10/2021 Treasury Bills SOV 0.00 - 4.46 3.20
equal Reserve Bank of India 182-D 18/11/2021 Treasury Bills SOV 0.00 - 3.19 3.19
down Muthoot Finance 86-D 18/11/2021 Commercial Paper A1+ 0.00 - 4.92 3.19
equal Reserve Bank of India 182-D 12/11/2021 Treasury Bills SOV 0.00 - 2.13 2.13
equal Reserve Bank of India 182-D 09/12/2021 Treasury Bills SOV 0.00 - 2.12 2.12
equal Muthoot Finance 85-D 17/11/2021 Commercial Paper A1+ 0.00 - 1.59 1.59
equal 7.60% Nat. Highways Authority 18/03/2022 Bonds AAA 0.00 - 1.55 1.09
equal 6.99% HDFC 25/11/2021 Non Convertible Debenture AAA 0.00 - 1.53 1.07
equal Reserve Bank of India 182-D 14/10/2021 Treasury Bills SOV 0.00 - 1.30 1.07
equal Reserve Bank of India 182-D 04/11/2021 Treasury Bills SOV 0.00 - 1.06 1.06
equal Reserve Bank of India 182-D 02/12/2021 Treasury Bills SOV 0.00 - 1.06 1.06
new Reserve Bank of India 182-D 18/02/2022 Treasury Bills SOV 0.00 - 1.05 1.05
new Reserve Bank of India 364-D 06/01/2022 Treasury Bills SOV 0.00 - 0.63 0.63
new Reserve Bank of India 182-D 16/12/2021 Treasury Bills SOV 0.00 - 0.53 0.53
new Reserve Bank of India 364-D 24/03/2022 Treasury Bills SOV 0.00 - 0.53 0.53

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
equal Adani Ports and Special Economic Zone Services 28.06 8.88 0.69 8.88
up Tata Steel Metals 7.50 3.95 0.19 3.95
up JSW Steel Metals 8.09 4.55 0.72 3.90
up Bajaj Finance Financial 104.39 2.89 0.00 2.89
down Sun Pharmaceutical Industries Healthcare 32.54 3.28 0.09 2.71
equal Grasim Industries Construction 19.83 4.52 1.21 2.59
down State Bank of India Financial 17.95 7.18 2.12 2.36
up Adani Enterprises Services 145.68 2.23 0.00 2.23
up Vedanta Metals 8.15 1.73 0.20 1.69
up ICICI Bank Financial 26.31 4.46 0.00 1.60
up Axis Bank Financial 29.64 4.18 1.05 1.60
equal Tata Chemicals Chemicals 47.38 1.48 0.00 1.48
down ITC FMCG 20.93 3.58 0.01 1.46
up Tata Power Company Energy 54.11 1.40 0.00 1.40
up Apollo Hospitals Healthcare 68.37 1.27 0.00 1.27
down Bharat Petroleum Corporation Energy 5.71 1.83 0.00 1.14
up Escorts Automobile 20.49 1.01 0.00 1.01
up United Spirits FMCG 89.12 0.89 0.14 0.89
down Dr. Reddy's Lab Healthcare 44.37 6.17 0.89 0.89
down Reliance Industries Energy 34.00 10.62 0.85 0.85
down SBI Life Insurance Company Insurance 90.50 1.81 0.00 0.81
up Bajaj Auto Automobile 19.89 0.80 0.00 0.80
down HDFC Life Insurance Insurance 123.88 0.83 0.00 0.75
up Asian Paints Chemicals 87.95 2.11 0.00 0.71
up Indraprastha Gas Energy 23.59 0.69 0.00 0.69

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-Sep-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 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:


0.05%

Change from previous, NAV as on 22-Oct-2021

Growth: ₹ 26.8599

IDCW: ₹ 14.1251


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: 6.82%
Benchmark: NIFTY 50 Arbitrage TRI
Riskometer: Low
Type: Open-ended
Assets: ₹ 4,683 Cr (As on 30-Sep-2021)
Expense: 0.87% (As on 30-Sep-2021)
Risk Grade: Above Average
Return Grade: Average
Turnover: 114.00%

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

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