Overview
ITI Arbitrage Fund Direct Growth
ITI Mutual Fund
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.
Investments in ITI Arbitrage Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 13.3535
Fund Size (AUM)
₹47.67 Cr
Risk
Moderately Low (Risk rating: 2/10)
Minimum Investment
Lumpsum: ₹ 5000
SIP: ₹500
Launch Date
09-Sep-2019
Expense Ratio
0.21%
Exit Load
Exit load of 0.25%, if redeemed within 30 days.
Benchmark
NIFTY 50 Arbitrage Total Return Index
Standard Deviation
0.67
History
Performance & Ratios
1-Year SIP Return
7.66%
3-Year SIP Return
7.44%
5-Year SIP Return
6.22%
Mean Return
-
Alpha
1.99
Beta
0.83
Sharpe Ratio
0.4
Sortino Ratio
0.48
Information Ratio
4.0
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 7.68% | 6.69% | 5.27% | 3.92% |
| Category Average | 6.91% | 6.5% | 5.26% | N/A |
| Rank Within Category | 17 | 22 | 21 | N/A |
Holdings (59)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| ITI Liquid Fund Direct - Growth | None | Mutual Fund | 18.38% |
| Power Finance Corporation Ltd. | Financial | Equity | 6.33% |
| REC Ltd. | Financial | Equity | 6.03% |
| Ambuja Cements Ltd. | Construction | Equity | 5.79% |
| One97 Communications Ltd. | Services | Equity | 4.59% |
| Multi Commodity Exchange Of India Ltd. | Services | Equity | 4.46% |
| State Bank of India | Financial | Equity | 4.37% |
| Vedanta Ltd. | Metals & Mining | Equity | 4.36% |
| Adani Ports and Special Economic Zone Ltd. | Services | Equity | 3.28% |
| Steel Authority Of India Ltd. | Metals & Mining | Equity | 3.09% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| Invesco India Arbitrage Fund Direct Growth | 19675.15 | 7.88 | 7.69 | 0.39 | N/A |
| Kotak Equity Arbitrage Fund Direct Growth | 60373.17 | 7.9 | 7.59 | 0.44 | N/A |
| Tata Arbitrage Fund Direct Growth | 12789.92 | 7.88 | 7.47 | 0.3 | N/A |
| Aditya Birla Sun Life Arbitrage Fund Direct Growth | 14236.09 | 7.87 | 7.41 | 0.31 | N/A |
| Nippon India Arbitrage Fund Direct Growth | 13733.37 | 7.66 | 7.36 | 0.35 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 500
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: 1, 7, 14, 21, 28
Min Amount: ₹ 1000
Min Installments: 2
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: 1, 7, 14, 21, 28
Min Amount: ₹ 1000
Min Installments: 2
AMC Details
Asset Management Company
ITI Mutual Fund
None ITI Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
Launch Date
2018-05-14T00:00:00.901Z
Total AUM
₹ 9273.61 Cr
Address
ITI Asset Mangement Limited,ITI House, Building no. 36,Dr. R. K. Shirodkar Marg, Parel, Mumbai 400012
Phone
022-66214999
Website
Sub Type
Contra
Sub Type Info
Contra funds follow Contrarian strategy which means investing in stocks in contrast to the prevailing sentiment. Minimum investment in equity is 65%.
Tax Impact
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
Compare with Another Fund
ITI Arbitrage Fund Direct Growth
ITI Mutual Fund
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Frequently Asked Questions
How is the overall rating calculated?
The overall rating for ITI Arbitrage Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of ITI Arbitrage Fund Direct Growth?
The top stocks held by ITI Arbitrage Fund Direct Growth include ITI Liquid Fund Direct - Growth, Power Finance Corporation Ltd., REC Ltd..
Which industries does ITI Arbitrage Fund Direct Growth invest in?
ITI Arbitrage Fund Direct Growth primarily invests in the following industries: None, Financial, Construction.
Who is the fund manager of ITI Arbitrage Fund Direct Growth?
The fund manager of ITI Arbitrage Fund Direct Growth is Laukik Bagwe.
How many years has the fund manager been managing ITI Arbitrage Fund Direct Growth?
Laukik Bagwe: Calculating...
What is the minimum investment for ITI Arbitrage Fund Direct Growth?
The minimum investment for ITI Arbitrage Fund Direct Growth is ₹5000 for lumpsum investments and ₹500 for SIPs.
What are the average 1-year returns for ITI Arbitrage Fund Direct Growth?
Calculating...
What are the average 3-year returns for ITI Arbitrage Fund Direct Growth?
Calculating...
What is the expense ratio of ITI Arbitrage Fund Direct Growth, and how does it compare to its category?
The expense ratio of ITI Arbitrage Fund Direct Growth is 0.21%. The average expense ratio for similar funds in the Hybrid is Calculating....