LIC MF Arbitrage Fund (IDCW-M)


Arbitrage Fund
  • NAV 12.62 (-0.07%)
  • Fund Size (Cr) ₹245.4
  • Expense Ratio 0.97
  • Scheme Type Active Fund
  • Value Research Stars
  • Minimum investment ₹5000
  • Minimum Additional Investment ₹500
  • Minimum SIP Investment ₹300
  • Minimum Withdrawal ₹500
  • Exit Load 0.5%
  • Return Since Launch 4.82%

Basic Details

Scheme Manager
Sumit Bhatnagar
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
  • 04-Jun-24
  • 9997.59
  • -0.02%
  • -
  • -0.02%
  • 76/153
  • 1 Month
  • 10-May-24
  • 10071.92
  • 0.72%
  • -
  • 0.75%
  • 124/153
  • 3 Month
  • 11-Mar-24
  • 10185.70
  • 1.86%
  • -
  • 2.00%
  • 139/153
  • 6 Month
  • 11-Dec-23
  • 10380.68
  • 3.81%
  • -
  • 4.16%
  • 140/153
  • 1 Year
  • 09-Jun-23
  • 10731.71
  • 7.32%
  • 7.32%
  • 7.91%
  • 132/147
  • 3 Year
  • 11-Jun-21
  • 11690.42
  • 16.90%
  • 5.34%
  • 5.77%
  • 116/145
  • 5 Year
  • 11-Jun-19
  • 12602.31
  • 26.02%
  • 4.73%
  • 5.18%
  • 110/131
  • Since Inception
  • 25-Jan-19
  • 12884.6
  • 28.85%
  • 4.82%
  • 5.68%
  • 133/153

Note: Lumpsum Returns since Inception Date.

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 03-Jul-23
  • 120000
  • 126874.18
  • 5.73%
  • 5.73%
  • 3 Year
  • 01-Jul-21
  • 360000
  • 402929.52
  • 11.92%
  • 3.83%
  • 5 Year
  • 01-Jul-19
  • 600000
  • 697468.24
  • 16.24%
  • 3.06%
  • 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
    0.19%
  • Beta
    0.23%
  • Sharpe Ratio
    -2.57%
  • Treynor’s Ratio
    -0.88%
  • Jension’s Alpha
    -1.47%

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
  • 2.75%
  • 44000
  • 6.74
  • Equity
  • Banks
  • Bharat Electron
  • 2.65%
  • 219450
  • 6.49
  • Equity
  • Aerospace & Defence
  • Zydus Lifesci.
  • 2.53%
  • 62100
  • 6.21
  • Equity
  • Pharmaceuticals
  • Vedanta
  • 2.49%
  • 135700
  • 6.11
  • Equity
  • Mining & Mineral products
  • IndusInd Bank
  • 2.35%
  • 39500
  • 5.77
  • Equity
  • Banks
  • Ashok Leyland
  • 2.28%
  • 250000
  • 5.6
  • Equity
  • Automobile
  • Bandhan Bank
  • 2.13%
  • 277500
  • 5.23
  • Equity
  • Banks
  • Tata Steel
  • 2.1%
  • 308000
  • 5.15
  • Equity
  • Steel
  • Biocon
  • 2.05%
  • 162500
  • 5.03
  • Equity
  • Pharmaceuticals
  • S A I L
  • 1.94%
  • 300000
  • 4.76
  • Equity
  • Steel

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • Kotak Equity Arbitrage Fund - Direct (G)
  • Stars
  • 46307.74
  • 0.81%
  • 2.21%
  • 4.62%
  • 8.75%
  • 6.60%
  • Baroda BNP Paribas Arbitrage Fund - Dir (G)
  • Stars
  • 1059.62
  • 0.81%
  • 2.17%
  • 4.46%
  • 8.66%
  • 6.22%
  • Baroda BNP Paribas Arbitrage Fund - Dir (IDCW-M)
  • Stars
  • 1059.62
  • 0.81%
  • 2.17%
  • 4.45%
  • 8.66%
  • 6.05%
  • Baroda BNP Paribas Arbitrage Fund - Dir(Adhoc-IDCW)
  • Stars
  • 1059.62
  • 0.81%
  • 2.17%
  • 4.46%
  • 8.66%
  • 6.06%
  • Baroda BNP Paribas Arbitrage Fund - Dir (IDCW-Q)
  • Stars
  • 1059.62
  • 0.81%
  • 2.17%
  • 4.45%
  • 8.66%
  • 6.22%

News

  • LIC MF Announces change in fund manager under its schemes LIC Mutual Fund has announced that the Fund Management responsibilities of the following Schemes of LIC Mutual Fund are being changed with effect from June 01, 2024:

    Change in Fund Management Responsibilities:

    Scheme Name Existing Fund Manager New Fund Manager
    LIC MF Gold Exchange Traded Fund Mr. Yash Dhoot Mr. Sumit Bhatnagar
    LIC MF Gold ETF Fund of Fund Mr. Yash Dhoot Mr. Sumit Bhatnagar

    Powered by Capital Market - Live News

  • LIC Mutual Fund Announces Resignation of Key Personnel LIC Mutual Fund has announced that Mr. Yash Dhoot, has resigned from the Fund Manager the Board of LIC Mutual Fund Asset Management Private Limited with effect from 31 May 2024.

    Powered by Capital Market - Live News

  • LIC MF Announces change in scheme name LIC Mutual Fund has announced change in scheme name under the following scheme, with effect from 01 June 2024:

    Change in the Scheme Name:

    Existing Name Revised Name
    LIC MF S & P BSE Sensex ETF LIC MF BSE Sensex ETF
    LIC MF S & P BSE Sensex Index Fund LIC MF BSE Sensex Index Fund

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

  • Date of Incorporation 04-Jan-2019
  • Total AUM (Cr) ₹245.40

LIC MF Arbitrage Fund (IDCW-M) is an Arbitrage Fund-oriented fund from the renowned AMC, LIC Mutual Fund. Launched in Jan 2019, this fund is managed by Sumit Bhatnagar. With assets under management (AUM) worth ₹245.40 (Cr), as of 11-Jun-2024, LIC MF Arbitrage Fund (IDCW-M) is categorized as a Arbitrage Fund within its segment. The fund has generated a return of 4.82% since its launch.
The current NAV of LIC MF Arbitrage Fund (IDCW-M) is ₹12.62, as on 11-Jun-2024. The fund’s benchmark index is Nifty 50 Arbitrage TRI. You can invest in LIC MF Arbitrage Fund (IDCW-M) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹300 while the minimum lumpsum investment is ₹5000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
0.50% - For redemption/switch out of units within 15 days from the date of allotment. 0.25% - For redemption/switch out of units between 15 days to 1 month from the date of allotment. Nil - For redemption/switch out of units after 1 month from the date of allotment.
The fund has generated 5.34% and 4.73% 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 66.18% in Equity, 9.09% in Debt and 24.78% in cash and cash equivalents
The top 5 sectors the fund invests in are: 29.09% in Debt, 22.37% in Others, 20.93% in Banks, 9.27% in Finance and 6.58% in Ferrous Metals.

FAQs on LIC MF Arbitrage Fund (IDCW-M)

LIC MF Arbitrage Fund (IDCW-M) is a popular fund in the Arbitrage Fund segment. The fund has generated a return of 4.82% since inception. Looking to invest in LIC MF Arbitrage Fund (IDCW-M)? How about earning 1% extra return? All this is possible with m.Stock! Investing in LIC MF Arbitrage Fund (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, LIC MF Arbitrage Fund (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 LIC MF Arbitrage Fund (IDCW-M) today and reap the benefits of this Arbitrage Fund fund!

In the short term, i.e., 1 year, LIC MF Arbitrage Fund (IDCW-M) has generated annualised return of 7.32%. In the long-term, the fund has generated 5.34% and 4.73% in 3 and 5 years respectively. Since its inception, the fund has generated 4.82% returns.

The expense ratio of LIC MF Arbitrage Fund (IDCW-M) Direct Growth is 0.97%. 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 LIC MF Arbitrage Fund (IDCW-M) is ₹245.40 (Cr) as of 11 June 2024. AUM shows the fund’s popularity and is often indicative of fund strength.

Redeeming or selling units of LIC MF Arbitrage Fund (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 LIC MF Arbitrage Fund (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 LIC MF Arbitrage Fund (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 LIC MF Arbitrage Fund (IDCW-M). Minimum lumpsum investment LIC MF Arbitrage Fund (IDCW-M) is ₹5000 and minimum SIP amount is ₹300. 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 LIC MF Arbitrage Fund (IDCW-M) is ₹12.62 as on 11 June 2024.

The 5 biggest stock holdings of LIC MF Arbitrage Fund (IDCW-M) are:
HDFC Bank (2.75%), Bharat Electron (2.65%), Zydus Lifesci. (2.53%), Vedanta (2.49%), IndusInd Bank (2.35%)

A majority of LIC MF Arbitrage Fund (IDCW-M) 's AUM worth ₹245.40 (Cr) is invested in these 3 top sectors:

  • Debt: 29.09%
  • Others: 22.37%
  • Banks: 20.93%

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