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This Arbitrage Fund Has Given 6.44% Returns In Last 2 Years - Should You Invest?
Arbitrage mutual funds look for arbitrage opportunities available in the market. Returns from arbitrage funds have nothing to do with the interest rate regime because they are continually looking for arbitrage opportunities. As a result, they may be suitable for investors who do not wish to speculate on interest rates.
ITI Arbitrage Fund - Direct Plan-Growth
It is a hybrid open-ended Arbitrage Mutual Fund scheme launched on 09 September 2019 by the ITI Mutual Fund. It has Rs 11.97 Crore worth of Asset Under Management (AUM). The Net Asset Value (NAV) of this fund declared on 26th April 2022 is Rs 11. It has an expense ratio of 0.16%, which is less than its category average expense ratio of 0.33%. It is a small size fund of its category.
This is a low-risk fund hybrid fund that offered decent returns in the last 2 years. The minimum amount required for investment in this fund is Rs 5000, Whereas, for SIP it is Rs 1000. There is no lock-in period in this fund. However, there is a 0.25% exit load for the redemption of investment within 30 days.
Absolute And Annualised Returns
Lump-Sum Returns
Since its launch, it has delivered 3.71% average annual returns.
| Tenure | Absolute Returns | Annualised Returns |
|---|---|---|
| 1 Year | 3.14% | 3.14% |
| 2 Year | 6.44% | 3.16% |
| Since Inception | 10.05% | 3.71% |
SIP Returns
| Tenure | Absolute Returns | Annualised Returns |
|---|---|---|
| 1 Year | 1.59% | 2.96% |
| 2 Year | 3.26% | 3.12% |
Portfolio
The fund has 73.14% investment in equities of which 60.08% is in large-cap stocks, 11.4% is in mid-cap stocks, and 1.66% in small-cap stocks. The fund's equity portion is primarily invested in the Financial, Healthcare, Services, Metals & Mining, and Consumer Staples sectors. The fund's top holdings are in Bajaj Finance Ltd., Divi's Laboratories Ltd., Adani Ports and Special Economic Zone Ltd., Marico Ltd., and Sun Pharmaceutical Ind. Ltd.
Disclaimers
Mutual fund investments are subject to market risk. Read all scheme-related documents, and Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.
