Fund Performance
Lumpsum
SIP
4.72
as on 22 Sep 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,483 today.
NAV Performance
Fund Information
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₹ 23.488
as on 22 Sep 2023 -
Regular - Growth
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-
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₹ 5,000
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₹ 8,086 Cr.
as on 31 May 2023 -
1.15%
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03 Jan 2013
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Nifty 50
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Nippon India Mutual Fund
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Highlights of this fund
Nippon India 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 03 Jan 2013. This fund is offered by one of the top AMC (Assets Management Company) Nippon India Mutual Fund. You can also view here all other Hybrid funds offered by Nippon India Mutual Fund.
Latest NAV of the fund is ₹ 23.488 as on 22 Sep 2023.
This fund has 10 years of track record. Since 31 Mar 2023 expense ratio of this fund is 1.15%. Ideally you shoulds compare this fund with the benchmark Nifty 50.
You can invest in this fund in SIP with the minimum investment of ₹ 100. Lumpsum invest is offered with minimum investment of ₹ 5,000.
Fund Objective
To generate income by taking advantage of the arbitrage opportunities that potentially existsbetween cash and derivative market and within the derivative segment along with investments in debt securities & money market instruments.
List of Fund Managers of Nippon India Arbitrage Fund
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About Kinjal Desai
Kinjal Desai is Fund Manager – Overseas at Reliance Mutual Fund. Kinjal has obtained her Masters in Economics from Warwick University, UK. She has a total experience of 6 years as Research Analyst – Equities at Reliance Mutual Fund where she started her career as an Associate.
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About Anand Devendra Gupta
Anand Gupta is an Equity Fund Manager at Reliance Mutual Fund, and is also responsible for the Equity Trading Desk. He has been with RMF since March 2008. His previous stints include ICICI Prudential AMC as Vice President – Dealings Equity & Derivatives and MF Global ltd as AVP – sales trading for Mutual Funds and domestic institutions. Anand has completed his MBA degree in Finance from ITM- Mumbai.
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About Anju Chhajer
Anju Chhajer is a Debt Fund Manager at Reliance Nippon Life Asset Management Limited (formerly Reliance Capital Asset Management Limited). She is a Chartered Accountant and had graduated in Commerce from Shib Nath Shastri College, Kolkata. She has over 16 years of experience in financial services. She joined Reliance Nippon Life Asset Management Company as a Fund Manager in 2007. Her earlier stint was from 1997 to 2007 with National Insurance Co. Ltd (Investment Department) where she used to manage the debt investment portfolio of the company.
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About Akshay Sharma
Riskometer : Risk associated with this fund
Investors understand that their principal will be at 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 | 0.68% | 1.91% | 3.96% | 7.35% | 5.72% | 4.99% | 5.22% | 6.24% | 7.67% | 6.55% | 5.81% | 5.26% | 5.58% |
| Category Average | 0.56% | 1.68% | 3.41% | 6.30% | 4.80% | 4.45% | 4.75% | 5.97% | 7.03% | 5.83% | 5.16% | 4.75% | 5.35% |
| Nippon India Arbitrage Fund | 0.62%₹ 10,061 | 1.83%₹ 10,183 | 3.74%₹ 10,374 | 6.82%₹ 10,682 | 7.18%₹ 12,461 | 5.18%₹ 11,063 | 5.99%₹ 25,514 | 4.72%₹ 11,483 | 5.37%₹ 39,063 | 5.08%₹ 12,817 | 4.99%₹ 68,069 | 6.04%₹ 17,982 | 5.48%₹ 1,58,897 |
| Invesco India Arbitrage Fund | 0.63%₹ 10,063 | 1.87%₹ 10,187 | 3.85%₹ 10,385 | 7.29%₹ 10,729 | 7.51%₹ 12,482 | 5.72%₹ 11,176 | 6.55%₹ 25,656 | 4.99%₹ 11,574 | 5.81%₹ 39,323 | 5.15%₹ 12,854 | 5.26%₹ 68,540 | 6.02%₹ 17,946 | 5.50%₹ 1,59,099 |
| SBI Arbitrage Opportunities Fund | 0.64%₹ 10,063 | 1.84%₹ 10,184 | 3.96%₹ 10,396 | 7.35%₹ 10,735 | 7.67%₹ 12,493 | 5.70%₹ 11,172 | 6.47%₹ 25,637 | 4.98%₹ 11,570 | 5.79%₹ 39,310 | 5.05%₹ 12,798 | 5.15%₹ 68,355 | 6.01%₹ 17,938 | 5.42%₹ 1,58,431 |
| Kotak Equity Arbitrage Fund | 0.63%₹ 10,062 | 1.91%₹ 10,191 | 3.87%₹ 10,386 | 7.18%₹ 10,718 | 7.52%₹ 12,483 | 5.50%₹ 11,129 | 6.33%₹ 25,601 | 4.97%₹ 11,567 | 5.67%₹ 39,239 | 5.22%₹ 12,897 | 5.21%₹ 68,457 | 6.24%₹ 18,325 | 5.58%₹ 1,59,794 |
| Edelweiss Arbitrage Fund | 0.64%₹ 10,064 | 1.87%₹ 10,187 | 3.80%₹ 10,379 | 7.00%₹ 10,699 | 7.35%₹ 12,472 | 5.35%₹ 11,098 | 6.16%₹ 25,558 | 4.81%₹ 11,514 | 5.51%₹ 39,148 | 5.17%₹ 12,868 | 5.11%₹ 68,288 | - | - |
| ICICI Prudential Equity Arbitrage Fund | 0.68%₹ 10,067 | 1.91%₹ 10,190 | 3.82%₹ 10,381 | 6.98%₹ 10,698 | 7.36%₹ 12,473 | 5.26%₹ 11,080 | 6.13%₹ 25,549 | 4.79%₹ 11,506 | 5.47%₹ 39,120 | 5.06%₹ 12,805 | 5.03%₹ 68,152 | 6.10%₹ 18,087 | 5.44%₹ 1,58,557 |
Portfolio Holdings
Top Sector Holdings of Nippon India Arbitrage Fund
| Name of Sector | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Banks | 10.95% | ₹ 986.68 Cr. |
| Cement | 5.42% | ₹ 488.77 Cr. |
| Pharmaceuticals | 4.21% | ₹ 377.35 Cr. |
| Refineries/Marketing | 3.99% | ₹ 356.70 Cr. |
| Housing Finance | 3.74% | ₹ 335.15 Cr. |
| Others | 71.69% | - |
Top Stock Holdings of Nippon India Arbitrage Fund
| Name of Stocks | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Reliance Industries Ltd. | 3.32% | ₹ 297.19 Cr. |
| HDFC Bank Ltd. | 2.90% | ₹ 259.59 Cr. |
| Housing Development Finance Corporation Ltd. | 2.89% | ₹ 258.94 Cr. |
| Adani Ports And Special Economic Zone Ltd. | 2.66% | ₹ 238.00 Cr. |
| ICICI Bank Ltd. | 2.53% | ₹ 226.16 Cr. |
| Others | 85.70% | - |
Top Debt Instrument Type holdings of Nippon India Arbitrage Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| T-Bills | 4.37% | ₹ 390.96 Cr. |
| CP | 2.62% | ₹ 234.36 Cr. |
| CD | 2.16% | ₹ 192.73 Cr. |
| GOI | 1.79% | ₹ 160.12 Cr. |
| NCD & Bonds | 0.56% | ₹ 49.77 Cr. |
| Others | 88.50% | - |
Top Debt Holdings of Nippon India Arbitrage Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - T-Bill | 4.37% | ₹ 390.96 Cr. |
| Bond - Housing Development Finance Corporation Ltd. | 2.62% | ₹ 234.36 Cr. |
| Bond - Govt of India | 1.79% | ₹ 160.12 Cr. |
| Bond - HDFC Bank Ltd. | 1.10% | ₹ 98.05 Cr. |
| Bond - National Bank for Agriculture & Rural Development | 1.06% | ₹ 94.68 Cr. |
| Others | 89.06% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| MF Units | 14.95% |
| TREPS | 4.85% |
| Margin | 0.00% |
| Net Receivables | -2.03% |