Item: Navi Arbitrage Fund Direct Reinvestment of Income Distribution cum capital withdrawal opt
Rating: Unrated
Author: Morningstar

Home › Mutual Funds › Essel Mutual Fund › Navi Arbitrage Fund Direct Reinvestment of Income Distribution cum capital withdrawal opt

10.884 (-0.001%)

NAV on July 22, 2021

Category Alternative:
Arbitrage Fund

Investment StyleBox

N/A

Total Assets 0 cr

Turnover Ratio 232.75%

Expense Ratio 1.14%

Exit Load 0.25%if redeemed within
1 Months0.00%if redeemed after 1 Months

Returns

1M: 0.11%
1Y: 0.86%
3M: 0.29%
3Y: N/A
6M: 0.61%
5Y: N/A

Min Investment 1,000

ADDITIONAL INFO

Fund Manager Saravana Kumar (Since over 5 years) Pradeep Sukte (Since over 6 years)

ISIN INF959L01ER1

Fund Family Essel

P/E Ratio —

P/B Ratio —

Launch Date August 28, 2018

Benchmark CRISIL Liquid Fund TR INR

INVESTMENT OBJECTIVE

The investment objective of the Scheme is 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. However, there is no assurance that the investment objective of the scheme will be realized. The Fund will be a pure arbitrage fund with no directional positions in equity and derivatives (un-hedged) positions.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

View Factsheet

Top Rated
Top Performing

-

Best Arbitrage Fund Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Tata Arbitrage Fund Direct Growth	15.658	7.21%	20,013 cr	0.31%	-
Aditya Birla Sun Life Arbitrage Fund Direct Plan Growth	29.650	7.13%	25,267 cr	0.31%	-
Invesco India Arbitrage Fund Direct Plan Growth Option	35.747	7.10%	27,400 cr	0.39%	-
Edelweiss Arbitrage Fund Direct Growth	21.530	7.00%	16,270 cr	0.39%	-
Kotak Arbitrage Fund Direct Growth	41.439	6.98%	72,153 cr	0.44%	-
Mirae Asset Arbitrage Fund Direct Growth	13.988	6.94%	3,805 cr	0.15%	-