Aditya Birla Sun Life Arbitrage Fund Growth - Latest NAV ₹20.5066, Returns, Performance & Portfolio

Aditya Birla Sun Life Arbitrage Fund Growth

  • highlight
    5.77%
  • highlight
    (+0.02)20.5066

Start your investment

Min amount: ₹1,000

Calculate Returns

Rs. 2,000 invested monthly becomes Rs. 9.04 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years7.04%
5 Years5.77%
3 Years5.59%
1 Year4.43%
6 Months1.58%
Fund Details
ISININF209K01264
RiskModerate Risk
Fund TypeArbitrage Fund
NAV20.5066
Exit Load0.25% for 30 Days

More about this fundstar

Top HoldingsWeightage
Future on Reliance Elec Co New8.31%
Reliance Industries Ltd8.29%
Future on HDFC Bank Ltd7.67%
Housing Development Finance Corp Ltd7.65%
Future on Bharti Airtel Ltd4.4%
Future on ICICI Bank Ltd4.38%
Bharti Airtel Ltd4.38%
ICICI Bank Ltd4.37%
Future on ITC Ltd3.43%
ITC Ltd3.41%

About Aditya BSL Arbitrage Fund

The Aditya BSL Arbitrage Fund is an open-ended scheme which invests in arbitrage opportunities. It seeks to generate income over a short-term by investing predominantly in equity and equity-related instruments. Further, it takes advantage of the price differentials or mispricing prevalent for stocks or index in various market segments (cash and future). It was earlier known as Aditya Birla Sun Life Enhanced Arbitrage Fund and was renamed as Aditya Birla Sun Life Arbitrage Fund with effect from 20 May 2018.

Pros & Cons of Aditya BSL Arbitrage Fund

  • The scheme executes a trade when it identifies price differentials. Further, it ensures that the expected returns are better than short-term debt instruments. In simple words, the scheme buys from one market at a lower price and sells in the other at a higher price.
  • As on September 30, 2018, the scheme is not ranked under CRISIL’s Arbitrage Fund category.
  • Further, it has generated returns of 6.76% per year over the last 5 years (as on January 18, 2019).

Fund Information and Statistics of Aditya BSL Arbitrage Fund

Inception / Launch Date

The scheme was launched on 24 July 2009 by Aditya Birla Sun Life Mutual Fund.

Risk Level

According to the investment objective and asset allocation of the scheme, it has a Moderate risk-level associated with it.

Redemption

The redemption proceeds are dispatched within 10 business days of the receipt of a valid redemption request.

Fund Manager(s)

Mr. Lovelish Solanki is the Fund Manager of the Aditya BSL Arbitrage Fund since 15 December 2014.

Entry / Exit Load

There is no entry load in this scheme.

The exit load structure is as follows:-

  • If the units are redeemed after the completion of 30 days from the date of allotment of the said units, then the exit load = Nil
  • If the units are redeemed within 30 days from the date of allotment of the said units, then the exit load = 0.50% of the applicable NAV

Tax benefits of investing in Aditya BSL Arbitrage Fund

The following taxes are applicable to income arising from investing in this scheme:-

  • STCG tax (units are held for a period of less than 12 months) of 15 percent on redemption of units.
  • LTCG (units are held for a period of more than 12 months), in excess of Rs 1 Lakh, is taxed at 10 percent without indexation benefits on the redemption of units.

About Aditya Birla Sun Life Mutual Fund

The Aditya Birla Sun Life Mutual Fund or ABSLMF is a joint venture between Sun Life Financial Inc. (Canada) and the Aditya Birla Group (India). It was established in 1994 and has evolved into one of India’s leading fund houses. With consistent performance over the years and a comprehensive mix of products across various segments makes the fund house a preferred name among investors.

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Frequently Asked Questions

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Start your investment

Min amount: ₹1,000

Calculate Returns

Rs. 2,000 invested monthly becomes Rs. 9.04 Lakhs in a period of 20 years
Moderate Risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns