Nippon India Arbitrage Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 7.62 | 5.52 | 5.2 | 5.75 |
Average Rolling Returns(%) | 6.45 | 6.47 | 6.68 | 6.63 |
The Current NAV of Nippon India Arbitrage Fund - Growth - Direct Plan is ₹26.45.
It is better to invest in a fund with a longer track record as Nippon India Arbitrage Fund - Growth - Direct Plan cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark NIFTY 500 returns, as Funds portfolio is significantly different.
Nippon India Arbitrage Fund - Growth - Direct Plan fund’s expense ratio is 0.37%
The process for redemption is
The AUM of Nippon India Arbitrage Fund - Growth - Direct Plan is currently ₹14,796 Crores.
The Top three stocks are HDFC Bank, Adani Ports &Special and Kotak Mahindra Bank and account for 13% of its portfolio. Top 5 and 10 stocks of fund account for 17% and 25% of fund’s portfolio respectively.
Top three sectors of Nippon India Arbitrage Fund - Growth - Direct Plan fund are BFSI, Others and Construction & Infrastructure accounting for 58% of the total portfolio.
Since this is a Hybrid - Arbitrage Fund it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of Nippon India Arbitrage Fund - Growth - Direct Plan Fund is Hybrid - Arbitrage Fund.
Anand Devendra Gupta and Anju Chhajer manage the Nippon India Arbitrage Fund - Growth - Direct Plan Fund.
Nippon India Arbitrage Fund - Growth - Direct Plan current PE ratio is 32.24 and PB ratio is 5.49
The asset allocation of Nippon India Arbitrage Fund - Growth - Direct Plan is Stocks : 74.96%, Debt : 7.89% and Gold : 17.20%
The minimum SIP amount for Nippon India Arbitrage Fund - Growth - Direct Plan is ₹100.00 and minimum lumpsum is ₹5000.00
The exit load for Nippon India Arbitrage Fund - Growth - Direct Plan is 0.25% on or before 1 months, Nil after 1 months