Nippon India Arbitrage Fund - IDCW - Direct Plan

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₹13.2894 (-0.03%)Nav, as on 28-11-2023
Previous Nav
₹ 13.2937
Net Change on 28-11-2023
₹0
PersonalFN Rating
Unrated
Category
Hybrid - Arbitrage Fund
Assets (Cr.)
₹ 11,326.42
Expense Ratio
0.39%
(As on Oct 31, 2023)

Fund Overview IDCW | Direct Plan

Fund House
Nippon India Mutual Fund
Launch Date
31-Mar-2014
Benchmark
Crisil 1 Yr T-Bill Index
Minimum Investment (₹)
5,000
Minimum Addl Investment (₹)
1,000
Exit Load (%)
0.25% on or before 1M, Nil after 1M
Minimum SIP Investment (₹)
100
Minimum STP Investment (₹)
100
Minimum SWP Investment (₹)
500
52 Week Low Nav (₹)
17.23
52 Week Low Nav Date
28-Nov-2022
52 Week High Nav (₹)
18.60
52 Week High Nav Date
24-Nov-2023

Fund Objective

The investment objective of the scheme is to generate income by taking advantage of the arbitrage opportunities that potentially exists between cash and derivative market and within the derivative segment along with investments in debt securities & money market instruments.

Fund Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
NIPPON INDIA ARBITRAGE FUND - DIRECT Plan - MONTHLY IDCW Option	0.55	1.89	8.02	5.69	5.62	6.50
Crisil 1 Yr T-Bill Index	N/A	N/A	N/A	N/A	N/A	N/A
Nifty 50 Arbitrage	0.37	1.88	7.77	5.26	4.92	4.87

Returns upto 1 year is Absolute, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name	Launch Date	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
NIPPON INDIA ARBITRAGE FUND - DIRECT Plan - MONTHLY IDCW Option	Mar 31, 2014	8.02	5.69	5.62	0.39	11,326.42
Kotak Equity Arbitrage Fund - Payout of Income Distribution cum capital withdrawal option - Direct	Jan 01, 2013	8.24	5.80	5.60	0.44	28,957.71
SBI Arbitrage Opportunities Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	Jan 30, 2013	8.25	5.72	5.34	0.38	22,370.08
ICICI Prudential Equity Arbitrage Fund - Direct Plan - IDCW	Jan 07, 2013	7.91	5.56	5.43	0.39	15,356.15
NIPPON INDIA ARBITRAGE FUND - DIRECT Plan - IDCW Option	Jan 01, 2013	8.02	5.69	5.69	0.39	11,326.42
Invesco India Arbitrage Fund - Direct Plan - IDCW (Payout / Reinvestment)	Jan 01, 2013	8.27	5.93	5.69	0.37	8,677.55

Fund Holdings as on 31-October-2023

Company % Assets
Nippon India Money Market Fund Dir Pl-Growth-Gr Op
8.25
HDFC Bank Limited
5.99
Nippon India Low Duration Fund - Dir Pl-Growth Pl
5.18
Nippon India Liquid Fund-Direct Growth Plan
4.33
Reliance Industries Limited
3.18
Adani Ports and Special Economic Zone Limited
3.00
Triparty Repo
2.51
ICICI Bank Limited
2.06
Vodafone Idea Limited
1.86
Ambuja Cements Limited
1.85
IndusInd Bank Limited
1.81
Zee Entertainment Enterprises Limited
1.72
Sun Pharmaceutical Industries Limited
1.71
Grasim Industries Limited
1.60
Hindustan Aeronautics Limited
1.36
ICICI Securities Limited**
1.29
NTPC Limited
1.26
Kotak Mahindra Bank Limited
1.23
Canara Bank
1.19
Coal India Limited
1.18
7.25% National Bank For Agriculture and Rural Development
1.09
Canara Bank**
1.08
Axis Bank Limited
1.02
Shriram Finance Limited
1.01
Aurobindo Pharma Limited
1.01
PI Industries Limited
0.98
Polycab India Limited
0.98
Adani Enterprises Limited
0.92
8.83% Government of India
0.92
Tata Motors Limited
0.91
The Federal Bank Limited
0.90
Piramal Enterprises Limited
0.88
364 Days Tbill
0.86
HDFC Bank Limited**
0.85
Tata Communications Limited
0.85
IDFC Limited
0.85
HDFC Bank Limited**
0.85
Bharti Airtel Limited
0.80
Godrej Consumer Products Limited
0.80
Indus Towers Limited
0.80
GAIL (India) Limited
0.79
Tata Consultancy Services Limited
0.78
Steel Authority of India Limited
0.71
Dixon Technologies (India) Limited
0.71
NMDC Limited
0.69
SBI Life Insurance Company Limited
0.68
Aditya Birla Capital Limited
0.63
Hindustan Petroleum Corporation Limited
0.61
Hindustan Unilever Limited
0.59
Pidilite Industries Limited
0.59
Manappuram Finance Limited
0.57
Punjab National Bank
0.55
Bajaj Auto Limited
0.55
Bharat Forge Limited
0.54
Siemens Limited
0.54
Bandhan Bank Limited
0.54
7.68% Government of India
0.51
Indiabulls Housing Finance Limited
0.50
Titan Company Limited
0.49
RBL Bank Limited
0.49
Jindal Steel & Power Limited
0.49
Bharat Petroleum Corporation Limited
0.49
REC Limited
0.48
DLF Limited
0.45
Tata Power Company Limited
0.45
United Spirits Limited
0.45
7.15% Small Industries Dev Bank of India**
0.44
HDFC Bank Limited**
0.44
364 Days Tbill
0.43
Axis Finance Limited**
0.43
Bajaj Finance Limited
0.43
Apollo Hospitals Enterprise Limited
0.42
The Indian Hotels Company Limited
0.41
ICICI Lombard General Insurance Company Limited
0.40
InterGlobe Aviation Limited
0.38
Indian Oil Corporation Limited
0.38
L&T Finance Holdings Limited
0.35
Dalmia Bharat Limited
0.33
Dabur India Limited
0.32
ACC Limited
0.31
National Aluminium Company Limited
0.31
Power Finance Corporation Limited
0.28
Torrent Pharmaceuticals Limited
0.27
The India Cements Limited
0.26
PVR INOX Limited
0.26
Bharat Heavy Electricals Limited
0.26
Dr. Reddy's Laboratories Limited
0.24
LTIMindtree Limited
0.24
Gujarat Narmada Valley Fertilizers and Chemicals Limited
0.23
Larsen & Toubro Limited
0.23
Chambal Fertilizers & Chemicals Limited
0.23
Indian Railway Catering And Tourism Corporation Limited
0.23
Page Industries Limited
0.22
7.17% Power Finance Corporation Limited**
0.22
Balrampur Chini Mills Limited
0.22
HDFC Bank Limited**
0.22
HDFC Bank Limited**
0.21
Hindustan Copper Limited
0.21
Can Fin Homes Limited
0.21
Vedanta Limited
0.21
Asian Paints Limited
0.20
GMR Airports Infrastructure Limited
0.20
SRF Limited
0.19
Marico Limited
0.19
Bank of Baroda
0.19
Zydus Lifesciences Limited
0.16
Bajaj Finserv Limited
0.16
Trent Limited
0.16
Havells India Limited
0.15
Samvardhana Motherson International Limited
0.15
Persistent Systems Limited
0.15
Bharat Electronics Limited
0.14
Indraprastha Gas Limited
0.14
IDFC First Bank Limited
0.13
Deepak Nitrite Limited
0.13
Atul Limited
0.13
Escorts Kubota Limited
0.13
Syngene International Limited
0.12
City Union Bank Limited
0.11
HDFC Life Insurance Company Limited
0.10
Oberoi Realty Limited
0.10
Aarti Industries Limited
0.09
UPL Limited
0.09
Hero MotoCorp Limited
0.09
Sun TV Network Limited
0.07
ICICI Prudential Life Insurance Company Limited
0.07
Max Financial Services Limited
0.07
Petronet LNG Limited
0.07
Hindalco Industries Limited
0.06
Gujarat Gas Limited
0.06
Granules India Limited
0.05
JK Cement Limited
0.05
Crompton Greaves Consumer Electricals Limited
0.05
ABB India Limited
0.05
Glenmark Pharmaceuticals Limited
0.04
Dr. Lal Path Labs Limited
0.04
JSW Steel Limited
0.03
Indian Energy Exchange Limited
0.03
Mahanagar Gas Limited
0.03
Info Edge (India) Limited
0.03
Wipro Limited
0.02
Delta Corp Limited
0.02
LIC Housing Finance Limited
0.02
Birlasoft Limited
0.02
State Bank of India
0.02
Lupin Limited
0.01
Exide Industries Limited
0.01
Godrej Properties Limited
0.00
Infosys Limited
0.00
Power Grid Corporation of India Limited
0.00
Cash Margin - CCIL
0.00
L&T Technology Services Limited
0.00
Net Current Assets
-0.32

Sector Holding%
Miscellaneous
17.76
Bank - Private
14.29
Finance - NBFC
4.72
Refineries
4.65
Telecommunication - Service Provider
4.31
Pharmaceuticals & Drugs
3.50
Port
3.00
Cement & Construction Materials
2.81
Bank - Public
1.95
Mining & Minerals
1.87
TV Broadcasting & Software Production
1.79
Power Generation/Distribution
1.74
Household & Personal Products
1.71
Diversified
1.60
Defence
1.36
Insurance
1.25
IT - Software
1.21
Chemicals
1.13
Pesticides & Agrochemicals
1.07
Cable
0.98
Trading
0.92
Automobiles-Trucks/Lcv
0.91
Industrial Gases & Fuels
0.85
Finance Term Lending
0.76
Steel & Iron Products
0.75
Electric Equipment
0.74
Finance - Housing
0.72
Consumer Durables - Electronics
0.71
Automobile Two & Three Wheelers
0.64
Construction - Real Estate
0.56
Forgings
0.54
Diamond & Jewellery
0.49
Steel/Sponge Iron/Pig Iron
0.49
Metal - Non Ferrous
0.48
Fertilizers
0.47
Hospital & Healthcare Services
0.46
Breweries & Distilleries
0.45
Engineering - Construction
0.43
Hotel, Resort & Restaurants
0.41
Engineering - Industrial Equipments
0.40
Airlines
0.38
Aluminium & Aluminium Products
0.31
Film Production, Distribution & Entertainment
0.26
Gas Transmission/Marketing
0.23
Travel Services
0.23
Sugar
0.22
Textile
0.22
Paints
0.20
Consumer Food
0.19
Finance - Investment
0.16
Retailing
0.16
Auto Ancillary
0.15
Automobiles-Tractors
0.13
Finance - Others
0.07
Consumer Durables - Domestic Appliances
0.05
BPO/ITeS
0.03
Batteries
0.01

Fund Manager

Anju Chhajer

Education:B.com; CA.
Experience:11 Years
Basic Details:Ms. Anju Chhajer has 11 years of experience in managing Fixed Income portfolios .Her Recent assigment in reliance is Reliance Money Manager Fund - Since Oct 2009 Reliance Medium Term Fund - Since October 2009 Reliance Liquidity Fund - Since October 2009
Funds Managed:
Nippon India Arbitrage Fund
Nippon India Floating Rate Fund
Nippon India Liquid Fund
Nippon India Low Duration Fund
Nippon India Money Market Fund
Nippon India Overnight Fund
Nippon India Arbitrage Fund
Nippon India Floating Rate Fund
Nippon India Liquid Fund
Nippon India Low Duration Fund
Nippon India Money Market Fund
Nippon India Overnight Fund

Kinjal Desai

Anand Devendra Gupta

Education:B.Com, PGDBA
Experience:
Basic Details:
Funds Managed:
Nippon India Arbitrage Fund
Nippon India Equity Savings Fund
Nippon India Arbitrage Fund
Nippon India Equity Savings Fund

Most Recent Dividend

Dividend Details

Record Date Dividend (%)
24/11/2020
0.50
21/10/2020
0.60
25/08/2020
0.30
23/06/2020
0.50
24/03/2020
0.50
25/02/2020
0.50
28/01/2020
0.50
24/12/2019
0.50
26/11/2019
0.50
30/10/2019
0.50
25/09/2019
0.50
27/08/2019
0.50
23/07/2019
0.50
25/06/2019
0.50
28/05/2019
0.50
23/04/2019
0.50
26/03/2019
0.50
26/02/2019
0.50
29/01/2019
0.50
26/12/2018
0.50
27/11/2018
0.50
23/10/2018
0.50
25/09/2018
0.50
28/08/2018
0.50
24/07/2018
0.50
26/06/2018
0.50
29/05/2018
0.50
24/04/2018
0.50
26/03/2018
1.00
20/02/2018
0.50
23/01/2018
0.50
27/12/2017
0.50
28/11/2017
0.50
24/10/2017
0.50
26/09/2017
0.50
29/08/2017
0.50
25/07/2017
0.50
23/05/2017
0.50
25/04/2017
0.50
21/02/2017
0.50
24/01/2017
0.50
27/12/2016
0.50
22/11/2016
0.50
25/10/2016
0.50
27/09/2016
0.50
31/08/2016
0.50
26/07/2016
0.50
28/06/2016
0.50
24/05/2016
0.50
26/04/2016
0.50
29/03/2016
0.50
23/02/2016
0.50
27/01/2016
0.50
29/12/2015
0.50
24/11/2015
0.50
27/10/2015
0.50
22/09/2015
0.50
25/08/2015
0.50
28/07/2015
0.50
23/06/2015
1.00
26/05/2015
0.50
28/04/2015
0.50
24/03/2015
1.00
28/01/2015
1.00
25/11/2014
0.22
28/10/2014
0.50
23/09/2014
0.60
26/08/2014
0.60

Holding Type Holding %
CARE A1+
0.85
Cash
2.19
CRISIL A1+
4.52
CRISIL AAA
1.31
Equity
70.23
ICRA AAA
0.44
MFU
17.76
Sov
2.72

About Nippon India Arbitrage Fund

Scheme Analysis

Nippon India Arbitrage Fund is a Hybrid - Arbitrage Fund fund and belongs to Nippon India Mutual Fund. It was launched on 31-Mar-2014 and currently has an AUM of ₹11,326.42 crore. Nippon India Arbitrage Fund is benchmarked against Crisil 1 Yr T-Bill Index as primary index and Nifty 50 Arbitrage as secondary index.

The NAV of Nippon India Arbitrage Fund ended down ₹0(-0.03%)yesterday to ₹13.2894.

Among its top 3 holdings the fund has exposure to Nippon India Money Market Fund Dir Pl-Growth-Gr Op, and

The Nippon India Arbitrage Fund is managed by Anju Chhajer and Kinjal Desai.

Fund House Contact

Address:

4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W) Mumbai - 400 013

Phone Number: 022-68087000

Email Address: customercare@nipponindiaim.in

Fax Number: 022-68087097

Website: mf.nipponindiaim.com

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