DSP Arbitrage Fund - Direct (IDCW-M)


Arbitrage Fund
  • NAV 12.27 (0.10%)
  • Fund Size (Cr) ₹3789.24
  • Expense Ratio 0.35
  • Scheme Type Active Fund
  • Value Research Stars
  • Minimum investment ₹100
  • Minimum Additional Investment ₹100
  • Minimum SIP Investment ₹100
  • Minimum Withdrawal ₹0
  • Exit Load 0%
  • Return Since Launch 5.73%

Basic Details

Scheme Manager
Kedar Karnik
Bench Mark
Nifty 50 Arbitrage TRI
Type
OPEN

Lumpsum Returns

  • Period Invested For
  • ₹10000 Invested on
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • Category Avg
  • Rank within Category
  • 1 Week
  • 23-Feb-24
  • 10008.98
  • 0.09%
  • -
  • 0.09%
  • 87/153
  • 1 Month
  • 01-Feb-24
  • 10058.13
  • 0.58%
  • -
  • 0.56%
  • 59/153
  • 3 Month
  • 01-Dec-23
  • 10210.39
  • 2.10%
  • -
  • 2.04%
  • 51/153
  • 6 Month
  • 01-Sep-23
  • 10399.02
  • 3.99%
  • -
  • 3.80%
  • 48/147
  • 1 Year
  • 01-Mar-23
  • 10838.72
  • 8.39%
  • 8.39%
  • 7.64%
  • 3/147
  • 3 Year
  • 01-Mar-21
  • 11902.37
  • 19.02%
  • 5.98%
  • 5.46%
  • 29/145
  • 5 Year
  • 01-Mar-19
  • 13158.57
  • 31.59%
  • 5.64%
  • 5.12%
  • 25/131
  • Since Inception
  • 25-Jan-18
  • 14049.8
  • 40.50%
  • 5.73%
  • 5.51%
  • 76/153

Note: Lumpsum Returns since Inception Date.

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 03-Apr-23
  • 120000
  • 140870.48
  • 17.39%
  • 17.39%
  • 3 Year
  • 01-Apr-21
  • 360000
  • 441209.05
  • 22.56%
  • 7.02%
  • 5 Year
  • 01-Apr-19
  • 600000
  • 760748.43
  • 26.79%
  • 4.86%
  • 10 Year
  • -
  • -
  • -
  • -
  • -

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

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Risk Ratios

  • Standard Deviation
    0.21%
  • Beta
    0.17%
  • Sharpe Ratio
    -1.58%
  • Treynor’s Ratio
    -1.53%
  • Jension’s Alpha
    -0.93%

Asset Allocation

There is no Asset Allocation data.

Sector Allocation

There is no Sector Allocation data.

Top 10 stock holding in portfolio

  • Stock Invested in
  • % of Total Holdings
  • Quantity
  • Value (Cr)
  • Asset Type
  • Segment
  • HDFC Bank
  • 8.17%
  • 2116950
  • 309.61
  • Equity
  • Banks
  • Zee Entertainmen
  • 3.38%
  • 7389000
  • 127.90
  • Equity
  • Entertainment
  • Reliance Industr
  • 3.31%
  • 439750
  • 125.47
  • Equity
  • Refineries
  • Indus Towers
  • 3.13%
  • 5338000
  • 118.48
  • Equity
  • Telecomm Equipment & Infra Services
  • Adani Enterp.
  • 2.25%
  • 270900
  • 85.12
  • Equity
  • Trading
  • Bandhan Bank
  • 2.2%
  • 3632500
  • 83.18
  • Equity
  • Banks
  • GMR Airports Inf
  • 2.15%
  • 10406250
  • 81.53
  • Equity
  • Infrastructure Developers & Operators
  • St Bk of India
  • 2.06%
  • 1219500
  • 78.11
  • Equity
  • Banks
  • Ambuja Cements
  • 1.94%
  • 1312200
  • 73.52
  • Equity
  • Cement
  • Bank of Baroda
  • 1.87%
  • 2857725
  • 70.76
  • Equity
  • Banks

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • DSP Arbitrage Fund - Direct (IDCW-M)
  • Stars
  • 3789.24
  • 0.58%
  • 2.10%
  • 3.99%
  • 8.39%
  • 5.98%
  • Kotak Equity Arbitrage Fund - Direct (G)
  • Stars
  • 35997.88
  • 0.66%
  • 2.30%
  • 4.21%
  • 8.49%
  • 6.29%
  • Edelweiss Arbitrage Fund - Direct (IDCW)
  • Stars
  • 8134.56
  • 0.70%
  • 2.27%
  • 4.15%
  • 8.39%
  • 6.26%
  • DSP Arbitrage Fund - Direct (IDCW-M)
  • Stars
  • 3789.24
  • 0.58%
  • 2.10%
  • 3.99%
  • 8.39%
  • 5.98%
  • Edelweiss Arbitrage Fund - Direct (IDCW-M)
  • Stars
  • 8134.56
  • 0.70%
  • 2.27%
  • 4.15%
  • 8.39%
  • 6.26%
  • Edelweiss Arbitrage Fund - Direct (G)
  • Stars
  • 8134.56
  • 0.70%
  • 2.27%
  • 4.15%
  • 8.38%
  • 6.26%

News

  • DSP Mutual Fund Announces change in fund managers under Two schemes DSP Mutual Fund has announced change in fund managers under the following schemes, with effect from 01 March 2024.

    Change in Fund Manager(s):

    Name of the Scheme(s) Existing Fund Manager(s) New Fund Manager(s)
    DSP Flexi Cap Fund Mr. Rohit Singhania

    Mr. Dhaval Gada

    Mr. Bhavin Gandhi
    DSP Equity & Bond Fund Mr. Rohit Singhania

    Mr. Dhaval Gada

    Mr. Kedar Karnik

    Mr. Abhishek Singh

    Mr. Kedar Karnik

    Powered by Capital Market - Live News

  • DSP MF Announces Income Distribution cum Capital Withdrawal (IDCW) under three schemes DSP Mutual Fund has announced 29 February 2024 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) under the following schemes. The amount of IDCW (Rs. per unit) on the face value of Rs 10 per unit will be:

    DSP Equity Opportunities Fund - Regular Plan - IDCW Option: 3.100

    DSP Equity Opportunities Fund - Direct Plan - IDCW Option: 8.700

    DSP World Agriculture Fund - Regular Plan - IDCW Option: 0.600

    DSP Healthcare Fund - Regular Plan - IDCW Option: 2.000

    DSP Healthcare Fund - Direct Plan - IDCW Option: 2.200

    Powered by Capital Market - Live News

  • DSP Mutual Fund Announces IDCW & Income Distribution cum Capital Withdrawal (IDCW) under its scheme DSP Mutual Fund has announced 28 February 2024 as the record date for declaration of IDCW under the following schemes. The proposed IDCW on the face value of Rs 10 per unit will be:

    DSP Equity & Bond Fund - Regular Plan ? IDCW & Direct Plan ? IDCW: 0.20 each.

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

  • Date of Incorporation 15-Jan-2018
  • Total AUM (Cr) ₹3789.24

DSP Arbitrage Fund - Direct (IDCW-M) is an Arbitrage Fund-oriented fund from the renowned AMC, DSP Mutual Fund. Launched in Jan 2018, this fund is managed by Kedar Karnik. With assets under management (AUM) worth ₹3789.24 (Cr), as of 04-Mar-2024, DSP Arbitrage Fund - Direct (IDCW-M) is categorized as a Arbitrage Fund within its segment. The fund has generated a return of 5.73% since its launch.
The current NAV of DSP Arbitrage Fund - Direct (IDCW-M) is ₹12.27, as on 04-Mar-2024. The fund’s benchmark index is Nifty 50 Arbitrage TRI. You can invest in DSP Arbitrage Fund - Direct (IDCW-M) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹100.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
If the units redeemed or switched-out are upto 10% of the units (the limit) purchased or switched within 30 days from the date of allotment: Nil; If units redeemed or switched out are in excess of the limit within 30 days from the date of allotment: 0.25%; If units are redeemed or switched out on or after 30 days from the date of allotment: Nil.
The fund has generated 5.98% and 5.64% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 72.17% in Equity, 15.78% in Debt and 12.06% in cash and cash equivalents
The top 5 sectors the fund invests in are: 19.61% in Banks, 15.78% in Debt, 12.82% in Others, 7.26% in Finance and 4.24% in Telecom-Services.

FAQs on DSP Arbitrage Fund - Direct (IDCW-M)

DSP Arbitrage Fund - Direct (IDCW-M) is a popular fund in the Arbitrage Fund segment. The fund has generated a return of 5.73% since inception. Looking to invest in DSP Arbitrage Fund - Direct (IDCW-M)? How about earning 1% extra return? All this is possible with m.Stock! Investing in DSP Arbitrage Fund - Direct (IDCW-M) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, DSP Arbitrage Fund - Direct (IDCW-M)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in DSP Arbitrage Fund - Direct (IDCW-M) today and reap the benefits of this Arbitrage Fund fund!

In the short term, i.e., 1 year, DSP Arbitrage Fund - Direct (IDCW-M) has generated annualised return of 8.39%. In the long-term, the fund has generated 5.98% and 5.64% in 3 and 5 years respectively. Since its inception, the fund has generated 5.73% returns.

The expense ratio of DSP Arbitrage Fund - Direct (IDCW-M) Direct Growth is 0.35%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

The Assets Under Management (AUM) of DSP Arbitrage Fund - Direct (IDCW-M) is ₹3789.24 (Cr) as of 04 March 2024. AUM shows the fund’s popularity and is often indicative of fund strength.

Redeeming or selling units of DSP Arbitrage Fund - Direct (IDCW-M) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from DSP Arbitrage Fund - Direct (IDCW-M):

  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case DSP Arbitrage Fund - Direct (IDCW-M)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).

Yes, you can invest both lumpsum and SIP in DSP Arbitrage Fund - Direct (IDCW-M). Minimum lumpsum investment DSP Arbitrage Fund - Direct (IDCW-M) is ₹100 and minimum SIP amount is ₹100. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

The latest NAV (Net Asset Value) of DSP Arbitrage Fund - Direct (IDCW-M) is ₹12.27 as on 04 March 2024.

The 5 biggest stock holdings of DSP Arbitrage Fund - Direct (IDCW-M) are:
HDFC Bank (8.17%), Zee Entertainmen (3.38%), Reliance Industr (3.31%), Indus Towers (3.13%), Adani Enterp. (2.25%)

A majority of DSP Arbitrage Fund - Direct (IDCW-M) 's AUM worth ₹3789.24 (Cr) is invested in these 3 top sectors:

  • Banks: 19.61%
  • Debt: 15.78%
  • Others: 12.82%

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