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LIC MF Arbitrage Fund Direct Growth
AlternativeArbitrage FundLow Risk
Direct
NAV (21-Nov-24)
₹13.850.04%1D
Returns (Since Inception)
5.75%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹206 Cr
Expense Ratio
0.34%
ISIN
INF767K01PP0
Minimum SIP
₹500
Exit Load
No Charges
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, 9 months and 28 days, having been launched on 25-Jan-19.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹13.85, Assets Under Management (AUM) of 206.22 Crores, and an expense ratio of 0.34%.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹13.85, Assets Under Management (AUM) of 206.22 Crores, and an expense ratio of 0.34%.
- LIC MF Arbitrage Fund Direct Growth has given a CAGR return of 5.75% since inception.
- The fund's asset allocation comprises around -0.60% in equities, 4.17% in debts, and 96.37% 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
+7.91%
+7.51% (Cat Avg.)
3 Years
+6.63%
+6.13% (Cat Avg.)
5 Years
+5.60%
+5.24% (Cat Avg.)
Since Inception
+5.75%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Equity | ₹-1.24 Cr | -0.60% |
| Debt | ₹8.6 Cr | 4.17% |
| Others | ₹198.85 Cr | 96.43% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹147.42 Cr | 71.49% |
| LIC MF Liquid Dir Gr | Mutual Fund - Open End | ₹42.95 Cr | 20.83% |
| Treps | Cash - Repurchase Agreement | ₹26.65 Cr | 12.92% |
| Net Receivables / (Payables) | Cash | ₹-22.81 Cr | 11.06% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-11.05 Cr | 5.36% |
| Reliance Industries Ltd | Equity | ₹10.92 Cr | 5.30% |
| LIC MF Low Duration Dir Gr | Mutual Fund - Open End | ₹8.02 Cr | 3.89% |
| Future on Bharat Heavy Electricals Ltd | Equity - Future | ₹-7.27 Cr | 3.52% |
| Bharat Heavy Electricals Ltd | Equity | ₹7.21 Cr | 3.50% |
| Future on Bharat Electronics Ltd | Equity - Future | ₹-6.54 Cr | 3.17% |
| Bharat Electronics Ltd | Equity | ₹6.5 Cr | 3.15% |
| Future on GMR Airports Ltd | Equity - Future | ₹-6.04 Cr | 2.93% |
| GMR Airports Ltd | Equity | ₹5.98 Cr | 2.90% |
| Future on HDFC Asset Management Co Ltd | Equity - Future | ₹-5.46 Cr | 2.65% |
| HDFC Asset Management Co Ltd | Equity | ₹5.42 Cr | 2.63% |
| Future on DLF Ltd | Equity - Future | ₹-5.38 Cr | 2.61% |
| DLF Ltd | Equity | ₹5.34 Cr | 2.59% |
| Shriram Finance Limited | Bond - Corporate Bond | ₹5.22 Cr | 2.53% |
| Future on State Bank of India | Equity - Future | ₹-4.8 Cr | 2.33% |
| Future on Tata Power Co Ltd | Equity - Future | ₹-4.79 Cr | 2.32% |
| Tata Power Co Ltd | Equity | ₹4.75 Cr | 2.30% |
| State Bank of India | Equity | ₹4.74 Cr | 2.30% |
| Future on Canara Bank | Equity - Future | ₹-4.67 Cr | 2.27% |
| Canara Bank | Equity | ₹4.64 Cr | 2.25% |
| Future on Punjab National Bank | Equity - Future | ₹-4.44 Cr | 2.15% |
| Future on Indian Energy Exchange Ltd | Equity - Future | ₹-4.42 Cr | 2.15% |
| Future on Axis Bank Ltd | Equity - Future | ₹-4.4 Cr | 2.14% |
| Indian Energy Exchange Ltd | Equity | ₹4.4 Cr | 2.13% |
| Future on Hindustan Copper Ltd | Equity - Future | ₹-4.4 Cr | 2.13% |
| Punjab National Bank | Equity | ₹4.39 Cr | 2.13% |
| Hindustan Copper Ltd | Equity | ₹4.37 Cr | 2.12% |
| Axis Bank Ltd | Equity | ₹4.35 Cr | 2.11% |
| Future on Bank of Baroda | Equity - Future | ₹-3.84 Cr | 1.86% |
| Future on NMDC Ltd | Equity - Future | ₹-3.82 Cr | 1.85% |
| Bank of Baroda | Equity | ₹3.82 Cr | 1.85% |
| NMDC Ltd | Equity | ₹3.79 Cr | 1.84% |
| Future on Bharti Airtel Ltd | Equity - Future | ₹-3.78 Cr | 1.83% |
| Bharti Airtel Ltd | Equity | ₹3.75 Cr | 1.82% |
| Future on Mahindra & Mahindra Ltd | Equity - Future | ₹-3.57 Cr | 1.73% |
| Mahindra & Mahindra Ltd | Equity | ₹3.53 Cr | 1.71% |
| Future on Havells India Ltd | Equity - Future | ₹-3.38 Cr | 1.64% |
| Havells India Ltd | Equity | ₹3.36 Cr | 1.63% |
| Future on Tech Mahindra Ltd | Equity - Future | ₹-3.13 Cr | 1.52% |
| Tech Mahindra Ltd | Equity | ₹3.09 Cr | 1.50% |
| Future on Maruti Suzuki India Ltd | Equity - Future | ₹-3.09 Cr | 1.50% |
| Maruti Suzuki India Ltd | Equity | ₹3.05 Cr | 1.48% |
| Future on Tata Steel Ltd. | Equity - Future | ₹-3.04 Cr | 1.48% |
| Tata Steel Ltd | Equity | ₹3.02 Cr | 1.47% |
| Future on HDFC Bank Ltd | Equity - Future | ₹-2.88 Cr | 1.40% |
| HDFC Bank Ltd | Equity | ₹2.86 Cr | 1.39% |
| Future on RBL Bank Ltd | Equity - Future | ₹-2.79 Cr | 1.35% |
| RBL Bank Ltd | Equity | ₹2.76 Cr | 1.34% |
| Future on Samvardhana Motherson International Ltd | Equity - Future | ₹-2.73 Cr | 1.32% |
| Samvardhana Motherson International Ltd | Equity | ₹2.7 Cr | 1.31% |
| Multi Commodity Exchange of India Ltd | Equity | ₹2.35 Cr | 1.14% |
| Future on Multi Commodity Exchange of India Ltd | Equity - Future | ₹-2.34 Cr | 1.14% |
| Future on The Federal Bank Ltd | Equity - Future | ₹-2.27 Cr | 1.10% |
| The Federal Bank Ltd | Equity | ₹2.24 Cr | 1.09% |
| Future on Biocon Ltd | Equity - Future | ₹-2.15 Cr | 1.04% |
| Future on Tata Motors Ltd | Equity - Future | ₹-2.14 Cr | 1.04% |
| Biocon Ltd | Equity | ₹2.13 Cr | 1.03% |
| Tata Motors Ltd | Equity | ₹2.11 Cr | 1.02% |
| Future on InterGlobe Aviation Ltd | Equity - Future | ₹-1.97 Cr | 0.95% |
| InterGlobe Aviation Ltd | Equity | ₹1.95 Cr | 0.94% |
| Future on Hindalco Industries Ltd | Equity - Future | ₹-1.64 Cr | 0.80% |
| Hindalco Industries Ltd | Equity | ₹1.63 Cr | 0.79% |
| Future on National Aluminium Co Ltd | Equity - Future | ₹-1.45 Cr | 0.70% |
| National Aluminium Co Ltd | Equity | ₹1.45 Cr | 0.70% |
| Future on Aditya Birla Capital Ltd | Equity - Future | ₹-1.43 Cr | 0.70% |
| Aditya Birla Capital Ltd | Equity | ₹1.43 Cr | 0.69% |
| Future on Larsen & Toubro Ltd | Equity - Future | ₹-1.38 Cr | 0.67% |
| Larsen & Toubro Ltd | Equity | ₹1.36 Cr | 0.66% |
| Future on Infosys Ltd | Equity - Future | ₹-1.34 Cr | 0.65% |
| Future on Bajaj Auto Ltd | Equity - Future | ₹-1.34 Cr | 0.65% |
| Infosys Ltd | Equity | ₹1.34 Cr | 0.65% |
| Bajaj Auto Ltd | Equity | ₹1.33 Cr | 0.64% |
| Future on Muthoot Finance Ltd | Equity - Future | ₹-1.28 Cr | 0.62% |
| Muthoot Finance Ltd | Equity | ₹1.27 Cr | 0.62% |
| Future on Tata Consultancy Services Ltd | Equity - Future | ₹-1.19 Cr | 0.58% |
| Tata Consultancy Services Ltd | Equity | ₹1.18 Cr | 0.57% |
| REC Ltd | Equity | ₹1.15 Cr | 0.56% |
| Future on REC Ltd | Equity - Future | ₹-1.15 Cr | 0.56% |
| Future on Oracle Financial Services Software Ltd | Equity - Future | ₹-1.1 Cr | 0.53% |
| Future on Nestle India Ltd | Equity - Future | ₹-1.09 Cr | 0.53% |
| Oracle Financial Services Software Ltd | Equity | ₹1.09 Cr | 0.53% |
| Nestle India Ltd | Equity | ₹1.09 Cr | 0.53% |
| Future on Indian Railway Catering And Tourism Corp Ltd | Equity - Future | ₹-1.08 Cr | 0.52% |
| Indian Railway Catering And Tourism Corp Ltd | Equity | ₹1.08 Cr | 0.52% |
| Future on Exide Industries Ltd | Equity - Future | ₹-1.07 Cr | 0.52% |
| Exide Industries Ltd | Equity | ₹1.07 Cr | 0.52% |
| Future on Polycab India Ltd | Equity - Future | ₹-0.81 Cr | 0.39% |
| Polycab India Ltd | Equity | ₹0.81 Cr | 0.39% |
| Future on TVS Motor Co Ltd | Equity - Future | ₹-0.79 Cr | 0.38% |
| TVS Motor Co Ltd | Equity | ₹0.79 Cr | 0.38% |
| Future on Dixon Technologies (India) Ltd | Equity - Future | ₹-0.71 Cr | 0.34% |
| Dixon Technologies (India) Ltd | Equity | ₹0.7 Cr | 0.34% |
| Future on Granules India Ltd | Equity - Future | ₹-0.69 Cr | 0.33% |
| Granules India Ltd | Equity | ₹0.68 Cr | 0.33% |
| Future on Birlasoft Ltd | Equity - Future | ₹-0.66 Cr | 0.32% |
| Birlasoft Ltd | Equity | ₹0.66 Cr | 0.32% |
| Future on IndusInd Bank Ltd | Equity - Future | ₹-0.58 Cr | 0.28% |
| IndusInd Bank Ltd | Equity | ₹0.58 Cr | 0.28% |
| Future on Trent Ltd | Equity - Future | ₹-0.57 Cr | 0.28% |
| Trent Ltd | Equity | ₹0.57 Cr | 0.28% |
| Future on Bharat Forge Ltd | Equity - Future | ₹-0.57 Cr | 0.28% |
| Bharat Forge Ltd | Equity | ₹0.56 Cr | 0.27% |
| Future on Bharat Petroleum Corp Ltd | Equity - Future | ₹-0.51 Cr | 0.25% |
| Bharat Petroleum Corp Ltd | Equity | ₹0.5 Cr | 0.24% |
| Future on Power Finance Corp Ltd | Equity - Future | ₹-0.47 Cr | 0.23% |
| Power Finance Corp Ltd | Equity | ₹0.47 Cr | 0.23% |
| Future on UPL Ltd | Equity - Future | ₹-0.43 Cr | 0.21% |
| UPL Ltd | Equity | ₹0.43 Cr | 0.21% |
| Future on Oil & Natural Gas Corp Ltd | Equity - Future | ₹-0.36 Cr | 0.17% |
| Future on Bandhan Bank Ltd | Equity - Future | ₹-0.36 Cr | 0.17% |
| Oil & Natural Gas Corp Ltd | Equity | ₹0.36 Cr | 0.17% |
| Bandhan Bank Ltd | Equity | ₹0.36 Cr | 0.17% |
| Future on ACC Ltd | Equity - Future | ₹-0.35 Cr | 0.17% |
| ACC Ltd | Equity | ₹0.35 Cr | 0.17% |
| The Indian Hotels Company Ltd. | Equity - Future | ₹-0.27 Cr | 0.13% |
| Indian Hotels Co Ltd | Equity | ₹0.27 Cr | 0.13% |
| Future on Bajaj Finserv Ltd | Equity - Future | ₹-0.27 Cr | 0.13% |
| Bajaj Finserv Ltd | Equity | ₹0.26 Cr | 0.13% |
| Future on Cholamandalam Investment and Finance Co Ltd | Equity - Future | ₹-0.24 Cr | 0.12% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹0.24 Cr | 0.12% |
| Future on Hindustan Petroleum Corp Ltd | Equity - Future | ₹-0.23 Cr | 0.11% |
| Hindustan Petroleum Corp Ltd | Equity | ₹0.23 Cr | 0.11% |
| Future on Britannia Industries Ltd | Equity - Future | ₹-0.23 Cr | 0.11% |
| Britannia Industries Ltd | Equity | ₹0.23 Cr | 0.11% |
| Future on Cummins India Ltd | Equity - Future | ₹-0.21 Cr | 0.10% |
| Cummins India Ltd | Equity | ₹0.21 Cr | 0.10% |
| Future on City Union Bank Ltd | Equity - Future | ₹-0.18 Cr | 0.09% |
| City Union Bank Ltd | Equity | ₹0.18 Cr | 0.09% |
| Future on Bajaj Finance Ltd | Equity - Future | ₹-0.17 Cr | 0.08% |
| Bajaj Finance Ltd | Equity | ₹0.17 Cr | 0.08% |
| The Ramco Cements Ltd. | Equity - Future | ₹-0.15 Cr | 0.07% |
| Ramco Cements Ltd | Equity | ₹0.15 Cr | 0.07% |
| Future on Siemens Ltd | Equity - Future | ₹-0.11 Cr | 0.05% |
| Siemens Ltd | Equity | ₹0.1 Cr | 0.05% |
| Future on Cipla Ltd | Equity - Future | ₹-0.1 Cr | 0.05% |
| Cipla Ltd | Equity | ₹0.1 Cr | 0.05% |
| Future on Container Corporation of India Ltd | Equity - Future | ₹-0.08 Cr | 0.04% |
| Container Corporation of India Ltd | Equity | ₹0.08 Cr | 0.04% |
| Future on Piramal Enterprises Ltd | Equity - Future | ₹-0.08 Cr | 0.04% |
| Piramal Enterprises Ltd | Equity | ₹0.08 Cr | 0.04% |
| Future on Kotak Mahindra Bank Ltd | Equity - Future | ₹-0.07 Cr | 0.03% |
| Kotak Mahindra Bank Ltd | Equity | ₹0.07 Cr | 0.03% |
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)
AA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹48.22 Cr | 23.38% |
| Industrials | ₹28.64 Cr | 13.89% |
| Consumer Cyclical | ₹15.97 Cr | 7.75% |
| Basic Materials | ₹15.2 Cr | 7.37% |
| Energy | ₹12.02 Cr | 5.83% |
| Technology | ₹8.06 Cr | 3.91% |
| Real Estate | ₹5.34 Cr | 2.59% |
| Utilities | ₹4.75 Cr | 2.30% |
| Communication Services | ₹3.75 Cr | 1.82% |
| Healthcare | ₹2.92 Cr | 1.42% |
| Consumer Defensive | ₹1.32 Cr | 0.64% |
Risk & Performance Ratios
Standard Deviation
This fund
0.59%
Cat. avg.
0.74%
Lower the better
Sharpe Ratio
This fund
0.81
Cat. avg.
-0.04
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.22
Higher the better
Fund Managers
SB
Sumit Bhatnagar
Since October 2023
PS
Pratik Shroff
Since September 2023
Additional Scheme Detailsas of 31st October 2024
ISIN INF767K01PP0 | Expense Ratio 0.34% | Exit Load No Charges | Fund Size ₹206 Cr | Age 5 years 9 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark NIFTY 50 Arbitrage TR INR |
Investment 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
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only 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 name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Sundaram Arbitrage Fund Regular Growth Low Risk | 1.0% | 0.0% | ₹221.65 Cr | 7.3% |
| Sundaram Arbitrage Fund Direct Growth Low Risk | 0.3% | 0.0% | ₹221.65 Cr | 7.9% |
| Bank of India Arbitrage Fund Direct Growth Low Risk | 0.2% | 0.0% | ₹40.76 Cr | 7.8% |
| Bank of India Arbitrage Fund Regular Growth Low Risk | 0.9% | 0.0% | ₹40.76 Cr | 7.1% |
| Mirae Asset Arbitrage Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹2839.16 Cr | 8.5% |
| Mirae Asset Arbitrage Fund Regular Growth Low Risk | 0.9% | 0.0% | ₹2839.16 Cr | 7.6% |
| Tata Arbitrage Fund Regular Growth Low Risk | 1.1% | 0.0% | ₹12432.45 Cr | 7.6% |
| Tata Arbitrage Fund Direct Growth Low Risk | 0.3% | 0.0% | ₹12432.45 Cr | 8.5% |
| Mahindra Manulife Arbitrage Fund Direct Growth Low Risk | 0.4% | 0.0% | ₹108.62 Cr | 7.1% |
| Mahindra Manulife Arbitrage Fund Regular Growth Low Risk | 1.2% | 0.0% | ₹108.62 Cr | 6.3% |
About the AMC
LIC Mutual Fund
Total AUM
₹30,860 Cr
Address
4th Floor, Industrial Assurance Building, Mumbai, 400 020
Other Funds by LIC Mutual Fund
Risk Level
Your principal amount will be at Low Risk
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Still got questions?
We're here to help.
What is the current NAV of LIC MF Arbitrage Fund Direct Growth?
The NAV of LIC MF Arbitrage Fund Direct Growth, as of 21-Nov-2024, is ₹13.85.
What are the returns of LIC MF Arbitrage Fund Direct Growth?
The fund has generated 7.91% over the last 1 year and 6.63% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of LIC MF Arbitrage Fund Direct Growth?
The fund's allocation of assets is distributed as -0.60% in equities, 4.17% in bonds, and 96.37% in cash and cash equivalents.
Who manages the LIC MF Arbitrage Fund Direct Growth?
The fund managers responsible for LIC MF Arbitrage Fund Direct Growth are:-
- Sumit Bhatnagar
- Pratik Shroff
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.