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Unrated

Tata Arbitrage Fund - Regular Plan


Hybrid: Arbitrage

1 Lakh

Investment Grown to
₹ 1.05 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 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 4.57 0.02 0.02 0.12 0.93 1.07 4.86 -- -- -- --
CCIL T Bill Liquidity Weight 2.98 0.02 0.04 0.21 0.63 1.18 3.20 -- -- -- --
Hybrid: Arbitrage 3.40 -0.01 -0.01 0.03 0.70 0.65 3.63 -- -- -- --
Rank within category 1 5 5 2 2 3 1 -- -- -- --
Number of funds in category 24 27 27 27 27 25 24 17 15 10 10

As on 27-Nov-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Tata Arbitrage Fund - Regular Plan  | Invest Online
Unrated
Dec-18 4.86 -- -- 1.13 2,381
Kotak Equity Arbitrage Fund Regular Plan  | Invest Online
5 star
Sep-05 4.20 5.61 5.89 1.01 15,289
Nippon India Arbitrage Fund  | Invest Online
4 star
Oct-10 4.16 5.77 5.90 1.02 7,950
Edelweiss Arbitrage Fund - Regular Plan  | Invest Online
5 star
Jun-14 4.40 5.64 5.91 1.10 3,311
UTI Arbitrage Fund - Regular Plan  | Invest Online
4 star
Jun-06 4.20 5.60 5.80 0.94 3,190

Best & Worst Performance

Best (Period) Worst (Period)
Week 0.66 (25-Mar-2020 - 01-Apr-2020) -0.56 (29-May-2020 - 05-Jun-2020)
Month 1.15 (29-Apr-2020 - 29-May-2020) -0.20 (29-May-2020 - 29-Jun-2020)
Quarter 2.19 (09-Apr-2019 - 09-Jul-2019) 0.07 (29-May-2020 - 28-Aug-2020)
Year 6.99 (30-May-2019 - 29-May-2020) 4.89 (13-Nov-2019 - 12-Nov-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
CCIL T Bill Liquidity Weight* 3.89 0.32 -3.35 -6.53 -- --
Hybrid: Arbitrage* 5.18 0.92 0.46 0.66 0.75 1.03
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

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

As on

* As on 31-Oct-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 105
Top 10 Holdings (%) 29.01
Top 5 Holdings (%) 19.48
Top 3 Sectors (%) 0.01
Portfolio P/B Ratio 2.09
Portfolio P/E Ratio 21.33
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 Federal Bank Fixed Deposits -- 5.42 - 9.40 6.86
equal HDFC Bank Fixed Deposits -- 2.79 - 7.47 5.81
equal AU Small Finance Bank Fixed Deposits -- 0.00 - 5.28 2.23
equal Union Bank of India Fixed Deposits -- 0.00 - 2.09 1.80
equal Punjab National Bank Fixed Deposits -- 0.00 - 1.33 1.15
new 6.84% GOI 19/12/2022 GOI Securities SOV 0.00 - 1.11 1.11
new 4.95% HDFC 2022 Non Convertible Debenture AAA 0.00 - 1.06 1.06
equal Corporation Bank Fixed Deposits -- 0.00 - 1.14 0.98
equal HDFC 19/05/2022 Non Convertible Debenture AAA 0.00 - 1.25 0.87
equal RBL Bank Fixed Deposits -- 0.67 - 2.94 0.67
equal 7.61% HUDCO 22/06/2022 Debenture AAA 0.00 - 0.96 0.66
equal 8.60% LIC Housing Fin. 14/01/2022 Debenture AAA 0.00 - 0.95 0.66
new 7.39% LIC Housing Fin. 30/08/2022 Debenture AAA 0.00 - 0.66 0.66
equal 8.20% HDFC 29/07/2021 Debenture AAA 0.00 - 1.59 0.65
equal 6.99% REC 31/12/2020 Debenture AAA 0.00 - 2.58 0.63
equal 7.62% HUDCO 15/07/2022 Debenture AAA 0.00 - 0.64 0.44
equal 7.40% Power Finance Corp. 30/09/2021 Bonds AAA 0.00 - 1.06 0.43
equal 6.32% REC 31/12/2021 Debenture AAA 0.00 - 0.62 0.43
equal 8.75% LIC Housing Fin. 21/12/2020 Debenture AAA 0.25 - 1.55 0.25
equal 8.45% Sikka Ports and Terminals 2023 Debenture AAA 0.00 - 0.32 0.23
equal 8.50% REC 20/12/2021 Bonds/NCDs AAA 0.00 - 0.85 0.22
equal 7.90% India Infradebt 31/10/2022 Debenture AAA 0.00 - 0.31 0.22
equal 7.24% LIC Housing Fin. 23/08/2021 Non Convertible Debenture AAA 0.00 - 0.31 0.22
equal 5.09% GOI 13/04/2022 GOI Securities SOV 0.00 - 0.24 0.21
equal Axis Bank Fixed Deposits -- 0.00 - 0.51 0.13

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
down Bharti Airtel Communication -- 2.69 0.00 2.41
down HDFC Financial 25.13 4.60 0.00 2.17
up Reliance Industries Energy 31.99 6.69 0.00 2.00
up Sun Pharmaceutical Inds. Healthcare 83.46 1.94 0.00 1.94
up State Bank of India Financial 9.29 5.33 0.00 1.90
down ICICI Bank Financial 23.43 2.64 0.00 1.85
up Maruti Suzuki India Automobile 52.26 3.22 0.00 1.85
up Axis Bank Financial 51.92 2.32 0.00 1.73
down Tata Consultancy Services Technology 32.80 3.78 0.00 1.68
up Tata Consumer Products FMCG 79.42 1.79 0.00 1.67
down ITC FMCG 17.38 3.91 0.00 1.51
down Adani Ports and Special Economic Zone Services 21.85 2.80 0.00 1.36
up Lupin Healthcare -- 1.64 0.00 1.32
up Tata Steel Metals -- 1.72 0.00 1.28
up Bajaj Auto Automobile 21.52 1.46 0.00 1.25
down Tata Motors Automobile -- 1.86 0.00 1.25
new HDFC Bank Financial 26.83 4.17 0.00 1.19
up Tech Mahindra Technology 21.25 2.65 0.00 1.18
down Aurobindo Pharma Healthcare 16.19 1.65 0.00 1.16
up Ultratech Cement Construction 23.16 1.52 0.00 1.16
up NTPC Energy 14.89 2.57 0.00 1.09
up Dabur India FMCG 58.78 1.13 0.00 1.08
up Nestle India FMCG 82.16 1.06 0.00 1.04
down Divi's Laboratories Healthcare 54.45 1.54 0.00 1.04
up United Spirits FMCG 219.21 2.73 0.00 1.02

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-Oct-2020

Fund Manager

— Sailesh Jain since 10-Dec-2018

Education: Mr. Jain is a Commerce Graduate and an MBA.

Experience: Prior to joining TATA Mutual Fund, he has worked with Invesco Mutual Fund, IDFC Securities Ltd. as Head Derivatives, Quant Broking Pvt Ltd. as Vice President and IIFL(India Infoline) as Vice President.

Funds Managed:


0.02%

Change from previous, NAV as on 27-Nov-2020

Growth: ₹ 11.1368

Dividend Monthly: ₹ 10.6498


Investment Strategy

The Scheme seeks to generate reasonable returns by investing predominantly in arbitrage opportunities in the cash and derivatives segments of the equity markets and by investing balance in debt and money market instruments.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 150
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 500
Exit Load 0.25% for redemption within 30 days

Basic Details

Fund House: Tata Mutual Fund
Launch Date: 18-Dec-2018
Return Since Launch: 5.69%
Benchmark: NIFTY 50 Arbitrage TRI
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 2,381 Cr (As on 31-Oct-2020)
Expense: 1.13% (As on 31-Oct-2020)
Risk Grade: --
Return Grade: --
Turnover: 536.62%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Monthly20-Mar-20200.0885

 19-Feb-20200.0487
 21-Jan-20200.0354
 20-Dec-20190.0443
 20-Nov-20190.0354
 22-Oct-20190.0354
 19-Sep-20190.0354
 16-Aug-20190.0354
 22-Jul-20190.0266
 19-Jun-20190.0266

Contact Information

AMC: Tata Asset Management Private Ltd

Address: 9th Floor, Mafatlal Centre, Nariman Point, Mumbai - 400021

Phone: 1800-209-0101

Email: [email protected]

Website: http://www.tatamutualfund.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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dateSaturday, 28-Nov-2020
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