1 LakhInvestment Grown to
₹ 10000Monthly SIP Grown to
"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:
|CCIL T Bill Liquidity Weight||1.88||0.03||0.04||0.17||0.43||1.08||2.05||--||--||--||--|
|Rank within category||24||23||24||22||24||24||22||--||--||--||--|
|Number of funds in category||26||26||26||26||26||26||26||19||16||14||0|
As on 03-Dec-2021
|Fund name||Rating||Launch Date||1-Year Return||3-Year Return||5-Year Return||Expense Ratio||Assets (Cr)|
|ITI Arbitrage Fund - Direct Plan||Sep-19||3.42||--||--||0.25%||13|
|Nippon India Arbitrage Fund - Direct Plan||Jan-13||4.76||5.55||6.07||0.34%||12,136|
|Aditya Birla Sun Life Arbitrage Fund - Direct Plan | Invest Online||Jan-13||4.79||5.41||5.85||0.31%||8,942|
|UTI Arbitrage Fund - Direct Plan | Invest Online||Jan-13||4.72||5.43||5.84||0.35%||6,067|
|Edelweiss Arbitrage Fund - Direct Plan | Invest Online||Jun-14||4.81||5.65||6.06||0.39%||6,017|
|Best Performance||Worst Performance|
|Return (%)||Period||Return (%)||Period|
|Week||0.52||09-Mar-2020 - 16-Mar-2020||-0.53||29-May-2020 - 05-Jun-2020|
|Month||0.88||29-Apr-2020 - 29-May-2020||-0.45||17-Mar-2020 - 16-Apr-2020|
|Quarter||1.79||17-Dec-2019 - 17-Mar-2020||0.13||29-May-2020 - 28-Aug-2020|
|Year||4.63||25-Sep-2019 - 24-Sep-2020||2.49||16-Mar-2020 - 16-Mar-2021|
|CCIL T Bill Liquidity Weight*||3.18||0.40||-1.54||-4.30||--||--|
|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 30-Nov-2021
|Number of Stocks||17|
|Top 10 Holdings (%)||63.98|
|Top 5 Holdings (%)||41.09|
|Top 3 Sectors (%)||0.01|
|Portfolio P/B Ratio||2.66|
|Portfolio P/E Ratio||18.63|
|Avg Credit Rating||Cash|
|Company||Sector||P/E||3Y High||3Y Low||% Assets|
|Adani Ports and Special Economic Zone||Services||29.48||11.45||0.00||8.98|
|HDFC Life Insurance||Insurance||123.96||9.67||0.00||8.87|
|LIC Housing Fin.||Financial||13.95||6.03||0.00||6.03|
|Sun Pharmaceutical Industries||Healthcare||29.00||4.12||0.00||4.12|
|Multi Commodity Exchange Of India||Services||45.20||1.77||0.00||1.77|
|State Bank of India||Financial||14.74||9.71||0.00||1.67|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Oct-2021
Education: Mr George holds dual Bachelor's Degrees in English Language & Literature and Commerce. He is a qualified CA from Institute of Chartered Accountants of India, New Delhi and a Cost and Management Accountant from Institute of Cost Accountants of India, Kolkata.
Experience: Prior to joining ITI Asset Management Ltd., he has worked with ICICI Prudential Asset Management Ltd., Tanfac Industries Ltd. (Aditya Birla Group), Cholamandalam Investments & Finance Co. Ltd., Met Life India, Wipro and DSP Merrill Lynch Ltd. based in India and abroad. His last stint was at ICICI Prudential Asset Management Co. Ltd. Mumbai, where he spent more than a decade managing some of the large flagship fund strategies in the equity and hybrid categories with assets under management exceeding Rs. 10,000 crores. All funds (Multicap, ELSS – Long Term Equity Fund, Child Care) and discretionary portfolios (Wellness, Exports, Flexicap, Largecap, PIPE/Smallcap) managed by him during this entire period were excellent performers in their respective categories. There, he was designated as Senior Fund Manager (Vice President Grade) based in Mumbai, India and was one of the Key Management Personnel in the company and was part of the investment management team. He is known for his focus on extensive bottom-up research and stock-picking capabilities, has overseen fund managers activities and managed various research analysts during his tenure.
Education: Mr. Mehta is CFA and M.S.
Experience: Prior to joining ITI Mutual Fund, he has worked with Indiabulls AMC, Kotak Mahindra Mutual Fund, AIG India Liaison Office, NVS Brokerage Pvt. Ltd., JM Morgan Stanley Fixed Income Securities Pvt. Ltd. and Mata Securities India Pvt. Ltd.
The scheme seeks to generate income by predominantly investing in arbitrage opportunities in the cash and the 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.
|Minimum Investment (₹)||5,000|
|Minimum Addl Investment (₹)||1,000|
|Minimum SIP Investment (₹)||500|
|Minimum No of Cheques||12|
|Minimum Withdrawal (₹)||1,000|
|Minimum Balance (₹)||--|
|Lock-in Period||Not Applicable|
|Exit Load||0.25% for redemption within 30 days|
|Fund House:||ITI Mutual Fund|
|Return Since Launch:||3.84%|
|Benchmark:||NIFTY 50 Arbitrage TRI|
|Assets:||₹ 13 Cr (As on 31-Oct-2021)|
|Expense:||0.25% (As on 31-Oct-2021)|
AMC: ITI Asset Management Ltd.
Address: Naman Midtown 'A' - Wing, 21st Floor, Senapati Bapat Marg, Prabhadevi Mumbai - 400013
Phone: 1800-266-9603 / 022-66214999
Email: [email protected]
Registrar & Transfer Agent: KFin Technologies Pvt Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016
Email: [email protected]