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Unrated

Sundaram Arbitrage Fund - Regular Plan


Hybrid: Arbitrage

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 -- -0.09 -0.04 0.22 1.01 1.37 -- -- -- -- --
CCIL T Bill Liquidity Weight -- 0.01 0.05 0.21 0.63 1.18 -- -- -- -- --
Hybrid: Arbitrage -- -0.04 0.01 0.16 0.73 1.13 -- -- -- -- --
Rank within category -- 25 23 5 1 8 -- -- -- -- --
Number of funds in category 22 25 25 25 25 23 22 15 13 9 9

As on 26-Nov-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Sundaram Arbitrage Fund - Regular Plan
Unrated
Feb-20 -- -- -- 0.93 61
Kotak Equity Arbitrage Fund Regular Plan  | Invest Online
5 star
Sep-05 4.37 5.63 5.89 1.01 15,289
Nippon India Arbitrage Fund  | Invest Online
4 star
Oct-10 4.33 5.77 5.91 1.02 7,950
Edelweiss Arbitrage Fund - Regular Plan  | Invest Online
5 star
Jun-14 4.51 5.63 5.91 1.10 3,311
UTI Arbitrage Fund - Regular Plan  | Invest Online
4 star
Jun-06 4.35 5.60 5.81 0.94 3,190

Best & Worst Performance

Best (Period) Worst (Period)
Week 0.70 (09-Mar-2020 - 16-Mar-2020) -0.58 (21-May-2020 - 28-May-2020)
Month 0.99 (14-Feb-2020 - 16-Mar-2020) -0.56 (11-May-2020 - 10-Jun-2020)
Quarter 1.51 (17-Feb-2020 - 18-May-2020) -0.04 (11-May-2020 - 10-Aug-2020)
Year -- ( - ) -- ( - )

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 19
Top 10 Holdings (%) 66.89
Top 5 Holdings (%) 40.97
Top 3 Sectors (%) 0.00
Portfolio P/B Ratio 2.05
Portfolio P/E Ratio 18.21
Avg Credit Rating 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 3.00% HDFC Bank 2020 Fixed Deposits -- 0.00 - 8.24 8.24
equal 3.00% HDFC Bank 2020 Fixed Deposits -- 0.00 - 8.24 8.24

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 Bharti Airtel Communication -- 9.65 0.00 9.13
up Reliance Industries Energy 32.39 9.06 0.00 9.06
equal Maruti Suzuki India Automobile 52.01 6.31 0.00 6.31
up HDFC Financial 24.92 5.99 0.00 5.99
equal Federal Bank Financial 7.94 5.51 0.00 5.51
equal Bharat Electronics Engineering 15.41 6.06 0.00 5.45
new Ultratech Cement Construction 23.30 4.52 0.00 4.52
up ICICI Bank Financial 23.56 10.00 0.00 4.45
new SBI Life Insurance Company Financial 52.83 3.23 0.00 3.23
equal Indusind Bank Financial 23.01 3.83 0.00 3.09
down MRF Automobile 23.96 3.12 0.00 2.37
equal Dr. Reddy's Lab Healthcare 50.62 9.61 0.00 2.01
new Kotak Mahindra Bank Financial 41.33 1.84 0.00 1.84
new Ashok Leyland Automobile -- 1.76 0.00 1.76
equal ICICI Prudential Life Insurance Co. Ltd. Financial 60.99 1.50 0.00 1.50
equal L&T Finance Holdings Financial 11.31 1.08 0.00 1.08
down Tata Steel Metals -- 0.82 0.00 0.69
equal Aurobindo Pharma Healthcare 16.23 0.96 0.00 0.66
equal HPCL Energy 5.22 0.42 0.00 0.42

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

— Rohit Seksaria since 16-Jan-2020

Education: Mr. Seksaria is CS, CA & has done MBA from IIM Ahmedabad

Experience: Prior to joining Sundaram Mutual Fund he has worked with Progress Capital/Asia Capital & Advisor Pte Ltd., Matchpoint Investment Management and Progress Capital Pte Ltd.

Funds Managed:

— Dwijendra Srivastava since 04-Feb-2020

Education: Mr. Srivastava is B.Tech , PGDM (Finance) and CFA.

Experience: Prior to joining Sundaram Mutual Fund he has worked with PGIM India Mutual Fund, JM Financial AMC, Tata AMC Private Ltd., Tower Capital and Securities, Indo Swiss Financial and Gontermann Pipers.

Funds Managed:


-0.09%

Change from previous, NAV as on 26-Nov-2020

Growth: ₹ 10.2917

Dividend: ₹ 10.2917


Investment Strategy

The Scheme seeks to generate income with minimal volatility by investing in equity, arbitrage strategies which fully offset the equity exposure and investments in debt instruments.

Investment Details

Minimum Investment (₹) 100
Minimum Addl Investment (₹) 100
Minimum SIP Investment (₹) 100
Minimum No of Cheques 20
Minimum Withdrawal (₹) 100
Minimum Balance (₹) --
Exit Load For units in excess of 25% of the investment,0.25% will be charged for redemption within 15 days

Basic Details

Fund House: Sundaram Mutual Fund
Launch Date: 04-Feb-2020
Return Since Launch: 2.92%
Benchmark: NIFTY 50 Arbitrage TRI
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 61 Cr (As on 31-Oct-2020)
Expense: 0.93% (As on 31-Oct-2020)
Risk Grade: --
Return Grade: --
Turnover: 1,281.00%

Contact Information

AMC: Sundaram Asset Management Company Ltd

Address: Sundaram Towers, 2nd Floor, 46, Whites Road, Royapettah Chennai - 600014

Phone: 1860-425-7237

Email: [email protected]

Website: http://www.sundarammutual.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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