Fund Performance
NAV Performance
Fund Information
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₹ 11.118
as on 30 Jul 2021 -
Regular - Growth
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-
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₹ 5,000
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₹ 35 Cr.
as on 30 Jul 2021 -
0.98%
since 31 May 2021 -
25 Jan 2019
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Nifty 50
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LIC mutual fund
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Highlights of this fund
LIC Arbitrage Fund is an Open-ended Hybrid Fund. The fund belongs to Arbitrage Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 25 Jan 2019. This fund is offered by one of the top AMC (Assets Management Company) LIC mutual fund. You can also view here all other Hybrid funds offered by LIC mutual fund.
Latest NAV of the fund is ₹ 11.118 as on 30 Jul 2021.
This fund has 2 years of track record. Since 31 May 2021 expense ratio of this fund is 0.98%. Ideally you shoulds compare this fund with the benchmark Nifty 50.
You can invest in this fund in SIP with the minimum investment of ₹ 1,000. Lumpsum invest is offered with minimum investment of ₹ 5,000.
Fund Objective
The investment objective of the scheme is to generate income by taking advantage of arbitrage opportunities that potentially exists between cash and derivative market and within the derivative segment of the equity market along with investments in debt securities & money market instruments.
List of Fund Managers of LIC Arbitrage Fund
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About Ritu Modi
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About Marzban Irani
Mr. Irani is a B.Com (H) from Mumbai University and holds a PGDBM from Chetna's Institute of Management & Research, Mumbai. Prior to joining LIC Mutual Fund he was associated with DSP Investment Managers (Jun 2014-Jul 2016) as VP Fixed Income, Tata Asset Management (Jun 2011-May 2014) as Senior Fund Manager Fixed Income, PNB MetLife India Insurance (Sep 2010-May 2011) as Fund Manager Fixed Income, Mirae Asset Global Investment Management India Pvt. Ltd. (Jan 2008-Jul 2010) as Fund Manager Fixed Income and Tata Asset Management Limited (Sep 2000-Nov 2007) as Fund Manager Fixed Income.
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Moderately Low Risk
Fund Return Comparison
| Fund Name | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 0.43% | 1.21% | 2.41% | 4.25% | 4.77% | 5.28% | 5.61% | 7.03% | 4.39% | 4.47% | 4.78% | 5.22% | 6.19% |
| Category Average | 0.36% | 1.04% | 2.05% | 3.42% | 3.93% | 4.71% | 5.20% | 6.73% | 3.76% | 3.65% | 4.22% | 4.74% | 5.93% |
| LIC Arbitrage Fund | 0.37%₹ 10,036 | 1.03%₹ 10,102 | 1.98%₹ 10,198 | 3.15%₹ 10,314 | 3.51%₹ 12,225 | 3.76%₹ 10,767 | 3.42%₹ 24,860 | - | - | - | - | - | - |
| BNP Paribas Arbitrage Fund | 0.36%₹ 10,035 | 1.10%₹ 10,110 | 2.21%₹ 10,221 | 3.91%₹ 10,391 | 4.19%₹ 12,269 | 4.55%₹ 10,931 | 4.20%₹ 25,056 | 5.28%₹ 11,669 | 4.67%₹ 38,655 | - | - | - | - |
| L&T Arbitrage Opportunities Fund | 0.40%₹ 10,040 | 1.14%₹ 10,114 | 2.33%₹ 10,233 | 4.04%₹ 10,403 | 4.29%₹ 12,275 | 4.64%₹ 10,951 | 4.37%₹ 25,099 | 5.24%₹ 11,656 | 4.78%₹ 38,718 | 5.58%₹ 13,125 | 5.22%₹ 68,472 | - | - |
| UTI Arbitrage Fund | 0.40%₹ 10,040 | 1.21%₹ 10,120 | 2.39%₹ 10,238 | 3.98%₹ 10,398 | 4.39%₹ 12,282 | 4.47%₹ 10,915 | 4.26%₹ 25,071 | 5.23%₹ 11,652 | 4.69%₹ 38,665 | 5.54%₹ 13,098 | 5.17%₹ 68,382 | 6.68%₹ 19,103 | 6.01%₹ 1,63,337 |
| Edelweiss Arbitrage Fund | 0.38%₹ 10,038 | 1.15%₹ 10,115 | 2.24%₹ 10,224 | 3.82%₹ 10,381 | 4.20%₹ 12,270 | 4.52%₹ 10,924 | 4.18%₹ 25,051 | 5.21%₹ 11,647 | 4.66%₹ 38,646 | 5.58%₹ 13,120 | 5.17%₹ 68,373 | - | - |
| Kotak Equity Arbitrage Fund | 0.39%₹ 10,038 | 1.17%₹ 10,117 | 2.35%₹ 10,235 | 4.05%₹ 10,404 | 4.39%₹ 12,282 | 4.47%₹ 10,915 | 4.25%₹ 25,069 | 5.21%₹ 11,647 | 4.67%₹ 38,652 | 5.59%₹ 13,127 | 5.18%₹ 68,397 | 6.97%₹ 19,622 | 6.18%₹ 1,64,823 |
Portfolio Holdings
Top Sector Holdings of LIC Arbitrage Fund
| Name of Sector | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Pharmaceuticals | 11.47% | ₹ 4.59 Cr. |
| Banks | 11.52% | ₹ 4.08 Cr. |
| Refineries/marketing | 8.50% | ₹ 3.02 Cr. |
| Housing finance | 6.49% | ₹ 2.30 Cr. |
| Telecom - services | 5.21% | ₹ 1.85 Cr. |
| Others | 56.81% | - |
Top Stock Holdings of LIC Arbitrage Fund
| Name of Stocks | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Reliance Industries Ltd. | 6.84% | ₹ 2.43 Cr. |
| Aurobindo Pharma Ltd. | 6.54% | ₹ 2.32 Cr. |
| Housing Development Finance Corporation Ltd. | 6.49% | ₹ 2.30 Cr. |
| ICICI Bank Ltd. | 5.87% | ₹ 2.08 Cr. |
| Bharti Airtel Ltd. | 5.21% | ₹ 1.85 Cr. |
| Others | 69.05% | - |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| MF Units | 26.01% |
| TREPS | 3.59% |
| Net Receivables | 3.34% |