Nippon India Arbitrage Fund Growth

+

Other
Arbitrage Fund
Rating N.A.
Plan

25.25 +-0.00 (-0.01%) NAV as on 03 Oct, 2024

5D
1M
6M
1Y
5Y
MAX

Key Metrics

AUM (in Cr)15827.40
CAGR 7.31%
Exit Load0.25%
Expense ratio1.07%
CategoryOther
Min Investment5000
Min SIP100
Launch Date2010-10-14

Asset Allocation

Holdings As On - 04 October 2024

Holdings

Sectors

Name
Value (Cr)
Holding %

Cash Offset For Derivatives
11643.49
73.57%

Nippon India Money Market Dir Gr
1578.89
9.98%

HDFC Bank
836.65
5.29%

Nippon India Liquid Dir Gr
714.31
4.51%

Vodafone Idea
565.92
3.58%

Vedanta
532.04
3.36%

Nippon India Low Duration Dir Gr
481.37
3.04%

Adani Enterprises
397.29
2.51%

Triparty Repo
387.06
2.45%

Hindustan Aeronautics
384.42
2.43%

Peer Comparison

Fund Name
Invesco India Arbitrage Fund Growth7.44%
ICICI Prudential Equity Arbitrage Fund Regular Growth7.35%
HDFC Arbitrage Fund Wholesale Plan Growth7.5%
Nippon India Arbitrage Fund Growth7.31%
HDFC Arbitrage Fund Retail Growth7.38%

Risk & Volitility

Alpha 0.00%
Beta 0.00
Sharpe Ratio-0.28
Std Deviation 0.65%
Tracking Error 0.00%

About Fund

The investment objective of the scheme is to generate income by taking advantage of the arbitrage opportunities that potentially exists between cash and derivative market and within the derivative segment along with investments indeb tsecurities & money market instruments.

The Nippon India Arbitrage Fund Growth has an AUM of 15827.40 crores & has delivered CAGR of 5.25% in the last 5 years. The fund has an exit load of 0.25% and an expense ratio of 1.07%. The minimum investment in Nippon India Arbitrage Fund Growth is Rs 5000 and the minimum SIP is Rs 100.

As per morningstar the risk & return rating of the fund are Low & Moderate respectively.

The top holdings of the fund include Cash Offset For Derivatives, Nippon India Money Market Dir Gr, HDFC Bank & Nippon India Liquid Dir Gr.

The major sectors where the fund is invested are Regional Banks, Metal Mining, Communications Services & Biotechnology & Drugs.

Some of the similar funds are Invesco India Arbitrage Fund Growth, ICICI Prudential Equity Arbitrage Fund Regular Growth, HDFC Arbitrage Fund Wholesale Plan Growth, Nippon India Arbitrage Fund Growth, HDFC Arbitrage Fund Retail Growth. Nippon India Arbitrage Fund Growth has a sharpe ratio of -0.28 & a standard deviation of 0.65%.