fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
LOG IN
SIGN UP

Fincash » Mutual Funds » Nippon India Arbitrage Fund

Nippon India Arbitrage Fund - G

NAV  ₹24.2577 ↑ 0.01  (0.03 %) as on 1 Mar 24

(Erstwhile Reliance Arbitrage Advantage Fund)

Scheme 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.

Nippon India Arbitrage Fund is a Hybrid - Arbitrage fund launched on 14 Oct 10. It is a fund with Moderately Low risk and has given a CAGR return of 6.8% since its launch.  Ranked 3 in Arbitrage category.  Return for 2023 was 7% , 2022 was 4.2% and 2021 was 3.8% .

Below is the key information for Nippon India Arbitrage Fund

NAV as on 1 Mar 24₹24.2577 ↑ 0.01  (0.03 %)
Net Assets (AUM) as on 31 Jan 2024 ₹13,073 Cr.
Launch Date14 Oct 2010
CategoryHybrid - Arbitrage
Rating
TypeOpen Ended Fund
RiskModerately Low
AMCNippon Life Asset Management Ltd.
Alpha Ratio0.0
Expense Ratio1.06 %
Sharpe Ratio1.234
Information Ratio0.0
BenchmarkNot Available
Min Investment ₹5,000
Min SIP Investment ₹100
Exit Load 0-1 Months (0.25%),1 Months and above(NIL)

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Mar 24

DurationReturns
1 Month 0.6%
3 Month 2.1%
6 Month 3.7%
1 Year 7.5%
3 Year 5.3%
5 Year 5.2%
10 Year
15 Year
Since launch 6.8%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 7%
2022 4.2%
2021 3.8%
2020 4.3%
2019 6.2%
2018 6.8%
2017 5.5%
2016 6.6%
2015 8.1%

Growth of 10k Over Years

DateValue
28 Feb 19₹10,000
29 Feb 20₹10,659
28 Feb 21₹11,020
28 Feb 22₹11,481
28 Feb 23₹11,986
29 Feb 24₹12,879
Nippon India Arbitrage Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash96.5%
Debt4.07%
Other0.04%
Nippon India Arbitrage Fund Asset Allocation

Sector Allocation

SectorValue
Cash Equivalent87.52%
Corporate9.13%
Government3.92%
RatingValue
AAA100%
Nippon India Arbitrage Fund Debt Allocation
SectorValue
Financial Services19.67%
Basic Materials10.72%
Industrials9.61%
Energy7.29%
Communication Services5.81%
Health Care4.98%
Utility4.15%
Consumer Defensive3.95%
Consumer Cyclical3.81%
Technology3.47%
Real Estate0.62%
Nippon India Arbitrage Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
Nippon India Money Market Dir Gr
Investment Fund | -
8%₹995 Cr2,658,820
↑ 134,045
Nippon India Liquid Dir Gr
Investment Fund | -
5%₹647 Cr1,115,202
↑ 129,408
Future on Adani Ports & Special Economic Zone Ltd
Derivatives | -
4%-₹442 Cr4,274,400
↑ 4,274,400
Adani Ports & Special Economic Zone Ltd (Industrials)
Equity, Since 31 Oct 19 | ADANIPORTS
Marine Shipping4%₹438 Cr4,274,400
↓ -730,400
Future on ICICI Bank Ltd
Derivatives | -
3%-₹306 Cr3,039,400
↓ -24,500
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 20 | ICICIBANK
Banks - Regional3%₹303 Cr3,039,400
↓ -24,500
Future on Reliance Industries Ltd
Derivatives | -
2%-₹289 Cr1,111,750
↓ -467,750
Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 17 | RELIANCE
Oil & Gas Refining & Marketing2%₹287 Cr1,111,750
↓ -467,750
Future on Vodafone Idea Ltd
Derivatives | -
2%-₹286 Cr176,240,000
↓ -43,600,000
Vodafone Idea Ltd (Communication Services)
Equity, Since 30 Nov 20 | IDEA
Telecom Services2%₹282 Cr176,240,000
↓ -43,600,000
1 - 10 of 333
Ready to Invest?
Talk to our investment specialist
Disclaimer:
By submitting this form I authorize Fincash.com to call/SMS/email me about its products and I accept the terms of Privacy Policy and Terms & Conditions.

Fund Managers

NameSinceTenure
Anju Chhajer1 Feb 204 Yr.
Anand Gupta12 Sep 185.39 Yr.

Custodians

CompanyAddress
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,

Registrar & Transfer Agent

KFin Technologies Ltd
AddressKFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
Nippon India Mutual Fund9th Floor, Crescenzo, C-38 & 39,,G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051

Auditors

CompanyAddress
Haribhakti & Co. Chartered Accountants42, Free Press House,4th Floor,,215, Nariman Point,

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
Nippon India Arbitrage Fund
Growth
₹24.2577
↑ 0.01
3.7 %7.45 %5.33 %5.19 %
Nippon India Arbitrage Fund
Normal Dividend, Payout
₹14.5375
↑ 0.00
3.7 %7.45 %5.33 %5.04 %
Nippon India Arbitrage Fund
Normal Dividend, Reinvestment
₹14.5375
↑ 0.00
3.7 %7.45 %5.33 %5.04 %
Nippon India Arbitrage Fund
Monthly Dividend, Payout
₹12.644
↑ 0.00
3.7 %7.45 %5.33 %5.04 %
Nippon India Arbitrage Fund
Monthly Dividend, Reinvestment
₹12.644
↑ 0.00
3.7 %7.45 %5.33 %5.04 %
Data as on 1 Mar 24

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.