Navi Arbitrage Fund Regular Growth - Regular - Latest NAV [ ₹10.7143 ], Returns, Performance, Portfolio & Returns 2021

Navi Arbitrage Fund Regular Growth

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Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years--
3 Years--
1 Year0.38%
6 Months0.39%
Fund Details
RiskLow Risk
Fund TypeArbitrage Fund
Exit Load0.25% for 31 Days

More about this fundstar

Top HoldingsWeightage
Treps/Reverse Repo/Net Current Assets/Cash/Cash Equivalent100%

About Essel Arbitrage Fund

The Essel Arbitrage Fund is an open-ended scheme investing in arbitrage opportunities. It seeks to generate income over the short-term by predominantly investing in arbitrage opportunities in the derivative and cash segments of the equity markets and also within the derivatives segment and the balance in debt securities and money market instruments.

Pros & Cons of Essel Arbitrage Fund

This is a pure arbitrage scheme which does not endeavor to take any directional positions in equity and derivatives. It follows a top-down as well as bottom-up approach to determine sectors and individual stocks respectively. As on September 30, 2018, the scheme is not ranked under CRISIL’s Arbitrage Fund category.

Fund Information and Statistics of Essel Arbitrage Fund

i) Inception / Launch Date

The scheme was launched on 28 August 2018 by Essel Mutual Fund.

ii) Risk Level

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

iii) Redemption

The minimum redemption amount is the lower of Rs. 1,000 or 100 units or the account balance. Further, the redemption proceeds are dispatched within 10 business days of the receipt of a valid redemption request.

iv) Fund Manager(s)

The Fund Managers of the Essel Arbitrage Fund are:

  • For the Equity portion – Mr. Vikas Gupta
  • For the Debt portion – Mr. Killol Pandya

v) 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 1 month from the date of allotment of the said units, then the exit load = Nil
  • If the units are redeemed within the period of 1 month from the date of allotment of the said units, then the exit load = 0.25% of the applicable NAV

Tax benefits of investing in Essel 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 tax (units are held for a period of more than 12 months) component is taxed at 10 percent without indexation benefits on the redemption of units.

About Essel Mutual Fund

Essel Mutual Fund is a part of the USD 10 billion global conglomerate – The Essel Group. It is managed by Essel Finance AMC Limited which was formerly known as Peerless Funds Management Co. Limited. The fund house offers a wide array of schemes to suit the investment requirements of different types of investors.

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Frequently Asked Questions

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Currently this fund is not available on ClearTax Invest. We request you to checkout other Related funds
Low 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