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Unrated

Tata Arbitrage Fund - Regular Plan


1 Lakh

Investment Grown to
₹ 1.07 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.24 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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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 1.94 0.03 0.18 0.81 1.74 3.25 6.75 -- -- -- --
CCIL T Bill Liquidity Weight 1.06 0.04 0.19 0.48 1.06 1.96 4.08 -- -- -- --
Hybrid: Arbitrage 1.58 0.01 0.21 0.53 1.35 2.72 6.05 -- -- -- --
Rank within category 2 3 20 3 3 2 2 -- -- -- --
Number of funds in category 24 25 25 25 24 24 23 17 15 10 9

As on 03-Apr-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 0.66 (25-Mar-2020 - 01-Apr-2020) -0.42 (19-Mar-2020 - 26-Mar-2020)
Month 0.94 (05-Apr-2019 - 07-May-2019) 0.23 (26-Aug-2019 - 25-Sep-2019)
Quarter 2.19 (09-Apr-2019 - 09-Jul-2019) 1.16 (16-Oct-2019 - 15-Jan-2020)
Year 6.90 (18-Mar-2019 - 17-Mar-2020) 6.26 (25-Feb-2019 - 25-Feb-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
CCIL T Bill Liquidity Weight* 4.07 0.27 -5.49 -9.70 -- --
Hybrid: Arbitrage* 5.65 0.72 0.43 0.89 0.30 0.54
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-Mar-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 84
Top 10 Holdings (%) 28.28
Top 5 Holdings (%) 17.81
Top 3 Sectors (%) 0.12
Portfolio P/B Ratio 1.87
Portfolio P/E Ratio 17.99

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 -- 2.06 - 8.15 5.42
equal HDFC Bank Fixed Deposits -- 2.67 - 5.24 5.24
equal RBL Bank Fixed Deposits -- 0.76 - 2.94 2.34
equal IDFC First Bank Fixed Deposits -- 2.25 - 14.41 2.25
equal 6.99% REC 31/12/2020 Debenture AAA 0.00 - 2.58 2.21
equal 8.37% REC 14/08/2020 Bonds AAA 0.00 - 1.73 1.48
equal AU Small Finance Bank Fixed Deposits -- 0.00 - 1.71 1.46
equal ICICI Bank 14/09/2020 Certificate of Deposit A1+ 0.00 - 2.87 1.42
equal 8.75% LIC Housing Fin. 21/12/2020 Debenture AAA 0.00 - 1.55 0.89
new 8.50% REC 20/12/2021 Bonds/NCDs AAA 0.00 - 0.75 0.75
equal Kotak Mahindra Investments 356-D 30/04/2020 Commercial Paper A1+ 0.00 - 1.95 0.72
equal National Bank Agr. Rur. Devp 2020 Certificate of Deposit A1+ 0.00 - 1.46 0.72
equal Axis Bank Fixed Deposits -- 0.00 - 0.51 0.44

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 Bharti Airtel Communication -- 2.48 0.00 2.48
up State Bank of India Financial 13.34 5.33 0.00 2.34
up Larsen & Toubro Construction 11.13 2.76 0.00 2.06
up ITC FMCG 14.59 3.91 0.00 2.03
up ICICI Bank Financial 19.55 2.53 0.00 1.92
up United Spirits FMCG 46.83 2.73 0.00 1.77
up Grasim Industries Construction 7.38 2.71 0.00 1.67
up Indusind Bank Financial 4.83 1.67 0.00 1.60
up HDFC Financial 11.90 4.60 0.00 1.57
up Maruti Suzuki India Automobile 19.60 3.22 0.00 1.57
up Axis Bank Financial 19.19 2.32 0.00 1.54
up Infosys Technology 15.25 6.35 0.00 1.45
new Federal Bank Financial 4.76 1.34 0.00 1.34
up GMR Infrastructure Construction -- 1.96 0.00 1.34
up DLF Construction 19.12 3.09 0.00 1.32
up Hindalco Inds. Metals 4.67 1.51 0.00 1.31
new Hero Motocorp Automobile 8.31 3.73 0.00 1.23
up Sun Pharmaceutical Inds. Healthcare 22.54 1.22 0.00 1.22
new Tata Consumer Products FMCG 60.58 1.61 0.00 1.22
up Dr. Reddy's Lab Healthcare 30.73 1.98 0.00 1.17
up Adani Power Engineering -- 4.71 0.00 1.12
up Canara Bank Financial 16.70 1.38 0.00 1.11
down HDFC Bank Financial 16.97 4.17 0.00 1.09
up Godrej Consumer Products FMCG 24.65 1.00 0.00 1.00
equal Sun TV Network Services 7.34 3.17 0.00 0.98

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 29-Feb-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:


0.03%

Change from previous, NAV as on 03-Apr-2020

Growth: ₹ 10.8573

Dividend Monthly: ₹ 10.3825


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: 6.57%
Benchmark: NIFTY 50 Arbitrage
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 684 Cr (As on 29-Feb-2020)
Expense: 1.10% (As on 29-Feb-2020)
Risk Grade: --
Return Grade: --
Turnover: 569.17%

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: 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

Last Session

Investors' Hangout

5 ways to deal with market panic

dateFriday, 20-Mar-2020
time12:30 PM - 01:00 PM

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