Dezerv

Fund Overview

Fund Size

Fund Size

₹213 Cr

Expense Ratio

Expense Ratio

0.31%

ISIN

ISIN

INF767K01PP0

Minimum SIP

Minimum SIP

₹500

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

25 Jan 2019

About this fund

LIC MF Arbitrage Fund Direct Growth is a Arbitrage Fund mutual fund schemes offered by LIC Mutual Fund. This fund has been in existence for 5 years, 3 months and 25 days, having been launched on 25-Jan-19.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹13.34, Assets Under Management (AUM) of 212.79 Crores, and an expense ratio of 0.31%.
  • LIC MF Arbitrage Fund Direct Growth has given a CAGR return of 5.57% since inception.
  • The fund's asset allocation comprises around -0.38% in equities, 0.00% in debts, and 100.33% in cash & cash equivalents.
  • You can start investing in LIC MF Arbitrage Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+7.86%

+7.33% (Cat Avg.)

3 Years

+6.06%

+5.48% (Cat Avg.)

5 Years

+5.49%

+4.97% (Cat Avg.)

Since Inception

+5.57%

(Cat Avg.)

Portfolio Summaryas of 30th April 2024

Equity-0.82 Cr-0.38%
Others213.61 Cr100.38%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Cash Offset For DerivativesCash - General Offset141.82 Cr66.65%
TrepsCash - Repurchase Agreement56.96 Cr26.77%
LIC MF Liquid Dir GrMutual Fund - Open End47.6 Cr22.37%
Net Receivables / (Payables)Cash-37.73 Cr17.73%
HDFC Bank LtdEquity6.69 Cr3.14%
Future on Canara BankEquity - Future-6.68 Cr3.14%
Future on HDFC Bank LtdEquity - Future-6.66 Cr3.13%
Canara BankEquity6.63 Cr3.12%
Future on Vedanta LtdEquity - Future-5.61 Cr2.64%
Vedanta LtdEquity5.58 Cr2.62%
Future on Steel Authority Of India LtdEquity - Future-5.29 Cr2.49%
Steel Authority Of India LtdEquity5.25 Cr2.47%
Future on Tata Steel Ltd.Equity - Future-5.21 Cr2.45%
Tata Steel LtdEquity5.17 Cr2.43%
Future on Ashok Leyland LtdEquity - Future-5.14 Cr2.42%
Future on Punjab National BankEquity - Future-5.11 Cr2.40%
Ashok Leyland LtdEquity5.11 Cr2.40%
Punjab National BankEquity5.08 Cr2.39%
Future on Bandhan Bank LtdEquity - Future-5.07 Cr2.38%
Bandhan Bank LtdEquity5.04 Cr2.37%
Future on Power Finance Corp LtdEquity - Future-4.98 Cr2.34%
Future on Bajaj Finance LtdEquity - Future-4.97 Cr2.33%
Power Finance Corp LtdEquity4.96 Cr2.33%
Axis Bank Ltd.Bond - Corporate Bond4.95 Cr2.32%
Bajaj Finance LtdEquity4.93 Cr2.32%
Future on Biocon LtdEquity - Future-4.88 Cr2.29%
Biocon LtdEquity4.85 Cr2.28%
Future on Container Corporation of India LtdEquity - Future-4.76 Cr2.24%
Container Corporation of India LtdEquity4.73 Cr2.22%
Future on RBL Bank LtdEquity - Future-4.38 Cr2.06%
RBL Bank LtdEquity4.36 Cr2.05%
Future on IndusInd Bank LtdEquity - Future-4.27 Cr2.01%
IndusInd Bank LtdEquity4.24 Cr1.99%
Future on Shriram Finance LtdEquity - Future-4.16 Cr1.95%
Shriram Finance LtdEquity4.13 Cr1.94%
Future on Hindustan Copper LtdEquity - Future-4.12 Cr1.94%
Hindustan Copper LtdEquity4.09 Cr1.92%
Future on Kotak Mahindra Bank LtdEquity - Future-4.06 Cr1.91%
Kotak Mahindra Bank LtdEquity4.03 Cr1.89%
Future on Godrej Consumer Products LtdEquity - Future-3.49 Cr1.64%
Godrej Consumer Products LtdEquity3.48 Cr1.63%
Future on Bharat Electronics LtdEquity - Future-3.35 Cr1.58%
Bharat Electronics LtdEquity3.33 Cr1.57%
Future on Bank of BarodaEquity - Future-3.15 Cr1.48%
Future on Aditya Birla Capital LtdEquity - Future-3.14 Cr1.48%
Bank of BarodaEquity3.13 Cr1.47%
Aditya Birla Capital LtdEquity3.12 Cr1.47%
Future on NMDC LtdEquity - Future-2.42 Cr1.14%
NMDC LtdEquity2.4 Cr1.13%
Future on IDFC First Bank LtdEquity - Future-2.36 Cr1.11%
The India Cements Ltd.Equity - Future-2.35 Cr1.10%
India Cements LtdEquity2.34 Cr1.10%
IDFC First Bank LtdEquity2.34 Cr1.10%
Future on Axis Bank LtdEquity - Future-2.13 Cr1.00%
Axis Bank LtdEquity2.11 Cr0.99%
Future on Jindal Steel & Power LtdEquity - Future-2.1 Cr0.99%
Jindal Steel & Power LtdEquity2.09 Cr0.98%
Future on Marico LtdEquity - Future-2.06 Cr0.97%
Marico LtdEquity2.05 Cr0.96%
Future on Aurobindo Pharma LtdEquity - Future-2.04 Cr0.96%
Aurobindo Pharma LtdEquity2.03 Cr0.95%
Future on Zydus Lifesciences LtdEquity - Future-1.98 Cr0.93%
Zydus Lifesciences LtdEquity1.97 Cr0.93%
Future on Aarti Industries LtdEquity - Future-1.87 Cr0.88%
Aarti Industries LtdEquity1.85 Cr0.87%
Future on Larsen & Toubro LtdEquity - Future-1.84 Cr0.87%
Larsen & Toubro LtdEquity1.83 Cr0.86%
Future on Tech Mahindra LtdEquity - Future-1.76 Cr0.83%
Tech Mahindra LtdEquity1.74 Cr0.82%
Indus Towers Ltd.Equity - Future-1.7 Cr0.80%
Indus Towers Ltd Ordinary SharesEquity1.69 Cr0.79%
Future on National Aluminium Co LtdEquity - Future-1.68 Cr0.79%
National Aluminium Co LtdEquity1.67 Cr0.78%
Future on Bajaj Finserv LtdEquity - Future-1.63 Cr0.76%
Bajaj Finserv LtdEquity1.62 Cr0.76%
Future on JSW Steel LtdEquity - Future-1.5 Cr0.70%
JSW Steel LtdEquity1.49 Cr0.70%
Future on Mphasis LtdEquity - Future-1.41 Cr0.66%
Mphasis LtdEquity1.4 Cr0.66%
Future on Mahindra & Mahindra LtdEquity - Future-1.37 Cr0.64%
Mahindra & Mahindra LtdEquity1.36 Cr0.64%
Future on Indian Oil Corp LtdEquity - Future-1.32 Cr0.62%
Indian Oil Corp LtdEquity1.32 Cr0.62%
Future on Tata Power Co LtdEquity - Future-0.91 Cr0.43%
Tata Power Co LtdEquity0.91 Cr0.43%
Future on Hindalco Industries LtdEquity - Future-0.91 Cr0.43%
Hindalco Industries LtdEquity0.9 Cr0.42%
Future on ICICI Bank LtdEquity - Future-0.89 Cr0.42%
ICICI Bank LtdEquity0.89 Cr0.42%
Future on SBI Life Insurance Company LimitedEquity - Future-0.81 Cr0.38%
SBI Life Insurance Company LimitedEquity0.81 Cr0.38%
Future on GMR Airports Infrastructure LtdEquity - Future-0.77 Cr0.36%
GMR Airports Infrastructure LtdEquity0.77 Cr0.36%
Future on Pidilite Industries LtdEquity - Future-0.77 Cr0.36%
Pidilite Industries LtdEquity0.76 Cr0.36%
Future on Infosys LtdEquity - Future-0.57 Cr0.27%
Infosys LtdEquity0.57 Cr0.27%
Future on ITC LtdEquity - Future-0.56 Cr0.26%
ITC LtdEquity0.56 Cr0.26%
Future on Exide Industries LtdEquity - Future-0.43 Cr0.20%
Exide Industries LtdEquity0.43 Cr0.20%
Future on REC LtdEquity - Future-0.41 Cr0.19%
Future on LIC Housing Finance LtdEquity - Future-0.41 Cr0.19%
REC LtdEquity0.41 Cr0.19%
LIC Housing Finance LtdEquity0.4 Cr0.19%
Future on Godrej Properties LtdEquity - Future-0.38 Cr0.18%
Godrej Properties LtdEquity0.38 Cr0.18%
Future on Samvardhana Motherson International LtdEquity - Future-0.37 Cr0.18%
Samvardhana Motherson International LtdEquity0.37 Cr0.18%
Future on Hindustan Unilever LtdEquity - Future-0.34 Cr0.16%
Hindustan Unilever LtdEquity0.33 Cr0.16%
Future on Shree Cement LtdEquity - Future-0.31 Cr0.14%
Shree Cement LtdEquity0.31 Cr0.14%
Future on Balkrishna Industries LtdEquity - Future-0.22 Cr0.10%
Balkrishna Industries LtdEquity0.22 Cr0.10%
Future on Coal India LtdEquity - Future-0.19 Cr0.09%
Coal India LtdEquity0.19 Cr0.09%
The Indian Hotels Company Ltd.Equity - Future-0.17 Cr0.08%
Indian Hotels Co LtdEquity0.17 Cr0.08%
Future on Piramal Enterprises LtdEquity - Future-0.14 Cr0.07%
Piramal Enterprises LtdEquity0.14 Cr0.07%
Future on Dabur India LtdEquity - Future-0.13 Cr0.06%
Dabur India LtdEquity0.13 Cr0.06%
Future on Grasim Industries LtdEquity - Future-0.12 Cr0.05%
Grasim Industries LtdEquity0.12 Cr0.05%

Allocation By Market Cap (Equity)

Large Cap Stocks

69.77%

Mid Cap Stocks

29.03%

Small Cap Stocks

1.20%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services65.06 Cr30.58%
Basic Materials34.03 Cr15.99%
Industrials15.76 Cr7.41%
Healthcare8.86 Cr4.16%
Consumer Defensive6.55 Cr3.08%
Technology3.71 Cr1.74%
Consumer Cyclical2.55 Cr1.20%
Communication Services1.69 Cr0.79%
Energy1.51 Cr0.71%
Utilities0.91 Cr0.43%
Real Estate0.38 Cr0.18%

Risk & Performance Ratios

Standard Deviation

This fund

0.64%

Cat. avg.

0.82%

Lower the better

Sharpe Ratio

This fund

0.87

Cat. avg.

-0.05

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

0.24

Higher the better

Fund Managers

SB

Sumit Bhatnagar

Since October 2023

PS

Pratik Shroff

Since September 2023

Additional Scheme Detailsas of 30th April 2024

ISININF767K01PP0Expense Ratio0.31%Exit LoadNo ChargesFund Size₹213 CrAge25 Jan 2019Lumpsum Minimum₹5,000Fund StatusOpen Ended Investment CompanyBenchmarkNIFTY 50 Arbitrage TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal (irrespective of holding period)

Realised Gain (capital gains) are taxed at your marginal income tax rate

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Arbitrage Fund Funds

Fund nameExpense RatioExit LoadFund size
1Y
Sundaram Arbitrage Fund Regular Growth

Low Risk

0.9%0.0%₹105.78 Cr7.3%
Sundaram Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹105.78 Cr7.9%
Bank of India Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹28.97 Cr7.5%
Bank of India Arbitrage Fund Regular Growth

Low Risk

1.0%0.0%₹28.97 Cr6.8%
Mirae Asset Arbitrage Fund Direct Growth

Low Risk

0.2%0.0%₹1870.00 Cr8.5%
Mirae Asset Arbitrage Fund Regular Growth

Low Risk

1.1%0.0%₹1870.00 Cr7.7%
Tata Arbitrage Fund Regular Growth

Low Risk

1.1%0.0%₹11605.73 Cr7.5%
Tata Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹11605.73 Cr8.4%
Mahindra Manulife Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹70.51 Cr7.0%
Mahindra Manulife Arbitrage Fund Regular Growth

Low Risk

1.2%0.0%₹70.51 Cr6.2%

About the AMC

Total AUM

₹28,653 Cr

Address

4th Floor, Industrial Assurance Building, Mumbai, 400 020

Other Funds by LIC Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
LIC MF Large & Mid Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹2738.57 Cr45.4%
LIC MF Aggressive Hybrid Fund Direct Growth

Very High Risk

1.4%1.0%₹516.89 Cr28.2%
LIC MF Medium to Long Duration Bond Fund Direct Growth

Moderate Risk

0.2%0.0%₹170.69 Cr6.5%
LIC MF Flexi Cap Fund Direct Growth

Very High Risk

1.4%1.0%₹975.86 Cr33.0%
LIC MF Gilt Fund Direct Growth

Moderate Risk

0.8%0.0%₹46.94 Cr6.6%
LIC MF Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹1361.79 Cr6.9%
LIC MF Large Cap Fund Direct Growth

Very High Risk

1.0%1.0%₹1423.06 Cr26.6%
LIC MF Low Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹1415.05 Cr7.3%
LIC MF S & P Sensex Index Fund Direct Growth

Very High Risk

0.4%0.0%₹78.59 Cr21.1%
LIC MF Nifty 50 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹296.05 Cr24.5%
LIC MF Infrastructure Fund Direct Growth

Very High Risk

1.4%1.0%₹267.88 Cr81.0%
LIC MF Liquid Plan Direct Growth

Low to Moderate Risk

0.2%0.0%₹12113.65 Cr7.3%
LIC MF ELSS Direct Growth

Very High Risk

1.0%0.0%₹1049.91 Cr33.3%
LIC MF Short Duration Fund Direct Growth

Moderate Risk

0.4%0.0%₹114.33 Cr7.1%
LIC MF Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹212.79 Cr7.9%
LIC MF Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹886.14 Cr16.4%
LIC MF Conservative Hybrid Fund Direct Growth

Moderately High risk

1.3%1.0%₹51.17 Cr8.4%
LIC MF Banking & Financial Services Fund Direct Growth

Very High Risk

1.1%1.0%₹305.10 Cr17.1%
LIC MF Money Market Fund Direct Growth

Low Risk

0.6%0.0%₹20.44 Cr6.9%
LIC MF Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹478.01 Cr6.8%
LIC MF Multi Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹1006.55 Cr45.7%
LIC MF Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹284.82 Cr6.9%

Risk Level

Your principal amount will be at Low Risk

Low Risk
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The NAV of LIC MF Arbitrage Fund Direct Growth, as of 17-May-2024, is ₹13.34.
The fund has generated 7.86% over the last 1 year and 6.06% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as -0.38% in equities, 0.00% in bonds, and 100.33% in cash and cash equivalents.
The fund managers responsible for LIC MF Arbitrage Fund Direct Growth are:-
  1. Sumit Bhatnagar
  2. Pratik Shroff