| CATEGORY OF SCHEME | Arbitrage Fund |
| INVESTMENT OBJECTIVE | The investment objective of the Scheme is to generate income by predominantly investing in arbitrage opportunities in the cash and the derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market instruments. However, there is no assurance that the investment objective of the scheme will be realized. |
| Inception Date (Date of Allotment): | 09-Sep-19 |
| Benchmark: | Nifty 50 Arbitrage |
| Minimum Application Amount: | Rs.5,000/- and in multiples of Rs. 1/- thereafter |
| Load Structure: | Entry Load: Nil Exit Load: If the Units are redeemed / switched out on or before 30 days from the date of allotment - 0.25% If the Unit s are redeemed /switched out after 30 days from the date of allotment - NIL |
| Total Expense Ratio (TER): | Including Additional Expenses and Goods and Service
Tax on Management Fees |
| Fund Manager | Mr. Rajesh Bhatia (Since 15-Nov-24) Total Experience: 28 years Mr Vikas Nathani (Since 01-Jan-24) Total Experience: 18 years Mr. Rohan Korde (Since 14-Nov-24) Total Experience: 17 years |
| AUM (in Rs. Cr): | 37.55 |
| AAUM (in Rs. Cr): | 37.46 |
| Average Maturity: | - |
| Macaulay Duration: | - |
| Modified Duration: | - |
| Yield to Maturity: | - |
| Standard Deviation^: | 0.76% |
| Beta^: | 0.18 |
| Sharpe Ratio^*: | -2.13 |
| * Risk free rate: 6.76 (Source: FIMMDA MIBOR) | |
Regular Plan
(in Rs.) |
Direct Plan
(in Rs.) |
|
| Growth: | 12.4423 |
12.9397 |
| IDCW: | 12.4423 |
12.9397 |
Name of the Instrument |
% to
NAV |
% to NAV
Derivatives |
Equity & Equity Related Total |
73.19 |
-73.64 |
Automobile and Auto Components |
7.40 |
-7.45 |
Tata Motors Limited |
2.30 |
-2.32 |
Maruti Suzuki India Limited |
2.21 |
-2.23 |
Bharat Forge Limited |
1.77 |
-1.78 |
Mahindra & Mahindra Limited |
1.11 |
-1.11 |
Capital Goods |
2.34 |
-2.35 |
Bharat Electronics Limited |
2.34 |
-2.35 |
Construction |
3.12 |
-3.14 |
Larsen & Toubro Limited |
3.12 |
-3.14 |
Consumer Durables |
1.21 |
-1.22 |
Titan Company Limited |
1.21 |
-1.22 |
Fast Moving Consumer Goods |
3.70 |
-3.72 |
Marico Limited |
2.68 |
-2.70 |
ITC Limited |
1.02 |
-1.02 |
Financial Services |
25.99 |
-26.15 |
State Bank of India |
6.03 |
-6.06 |
ICICI Bank Limited |
5.57 |
-5.61 |
Bank of Baroda |
3.84 |
-3.86 |
Power Finance Corporation Limited |
2.06 |
-2.07 |
Manappuram Finance Limited |
1.62 |
-1.63 |
ICICI Prudential Life Insurance Company Limited |
1.40 |
-1.40 |
Axis Bank Limited |
1.32 |
-1.33 |
Cholamandalam Investment and Finance Company Ltd |
1.23 |
-1.24 |
Punjab National Bank |
1.12 |
-1.13 |
Max Financial Services Limited |
0.72 |
-0.73 |
REC Limited |
0.57 |
-0.57 |
HDFC Asset Management Company Limited |
0.50 |
-0.51 |
Healthcare |
4.32 |
-4.34 |
Cipla Limited |
3.32 |
-3.34 |
Sun Pharmaceutical Industries Limited |
1.00 |
-1.00 |
Information Technology |
3.00 |
-3.02 |
Wipro Limited |
1.62 |
-1.63 |
Infosys Limited |
1.39 |
-1.39 |
Metals & Mining |
6.49 |
-6.53 |
Steel Authority of India Limited |
3.99 |
-4.02 |
Vedanta Limited |
2.50 |
-2.51 |
Oil Gas & Consumable Fuels |
5.68 |
-5.72 |
Reliance Industries Limited |
5.68 |
-5.72 |
Services |
2.28 |
-2.30 |
Adani Ports and Special Economic Zone Limited |
2.28 |
-2.30 |
Telecommunication |
7.66 |
-7.71 |
Indus Towers Limited |
6.01 |
-6.05 |
Bharti Airtel Limited |
1.65 |
-1.66 |
Mutual Fund Units |
22.80 |
|
ITI Liquid Fund - Direct Plan - Growth Option |
22.80 |
|
Short Term Debt & Net Current Assets |
4.02 |
|
Value of Investment of 10,000 |
||||||
| Period | Fund Returns (%) |
Benchmark Returns (%) |
Additional Benchmark Returns (%) |
Fund () |
Benchmark () |
Additional Benchmark () |
Regular - Growth |
||||||
| Last 1 Year | 7.24% |
7.49% |
7.56% |
10,724 |
10,749 |
10,756 |
| Last 3 Years | 5.14% |
6.43% |
6.08% |
11,624 |
12,055 |
11,936 |
| Last 5 Years | 4.21% |
5.14% |
5.52% |
12,290 |
12,853 |
13,089 |
| Since Inception | 4.27% |
5.14% |
5.63% |
12,442 |
12,997 |
13,313 |
Direct - Growth |
||||||
| Last 1 Year | 8.02% |
7.49% |
7.56% |
10,802 |
10,749 |
10,756 |
| Last 3 Years | 5.94% |
6.43% |
6.08% |
11,889 |
12,055 |
11,936 |
| Last 5 Years | 4.99% |
5.14% |
5.52% |
12,760 |
12,853 |
13,089 |
| Since Inception | 5.05% |
5.14% |
5.63% |
12,940 |
12,997 |
13,313 |
Past performance may or may not be sustained in future and is not a guarantee of any future returns, and should not be used as a basis of comparison with other investments. In case, the start / end date of the concerned period is a non-business date (NBD), the NAV of the previous date is considered for computation of returns. Different Plans i.e. Regular Plan and Direct Plan under the scheme have different expense structure. Benchmark: Nifty 50 Arbitrage Index Additional Benchmark: CRISIL 1 Year T-Bill Index. Fund Managers: Mr. Rajesh Bhatia from (Managing since 15-Nov-24). Mr Vikas Nathani (Managing Since 01-Jan-24) and Mr. Rohan Korde (Managing Since 14-Nov-24). Inception date of the scheme (09-Sep-19). Face Value per unit: Rs. 10. ITI Arbitrage Fund Fund NAV as on November 29, 2024: Rs. 12.4423 (Regular Growth Option), Rs. 12.9397 (Direct Growth Option
| Period | Amount Invested |
Fund Value () |
Fund Returns (%) |
Benchmark Value () |
Benchmark Returns (%) |
Additional Benchmark Value () |
Additional Benchmark Returns (%) |
Regular - Growth |
|||||||
| Last 1 Year | 120000 |
124369 |
6.87% |
124524 |
7.11% |
124826 |
7.59% |
| Last 3 Years | 360000 |
395819 |
6.27% |
401063 |
7.15% |
399885 |
6.96% |
| Last 5 Years | 600000 |
682354 |
5.09% |
700881 |
6.16% |
698181 |
6.01% |
| Since Inception | 630000 |
719513 |
5.01% |
739743 |
6.06% |
737893 |
5.96% |
Direct - Growth |
|||||||
| Last 1 Year | 120000 |
124860 |
7.65% |
124524 |
7.11% |
124826 |
7.59% |
| Last 3 Years | 360000 |
400475 |
7.06% |
401063 |
7.15% |
399885 |
6.96% |
| Last 5Years | 600000 |
695841 |
5.87% |
700881 |
6.16% |
698181 |
6.01% |
| Since Inception | 630000 |
734466 |
5.79% |
739743 |
6.06% |
737893 |
5.96% |
Past performance may or may not be sustained in future and is not a guarantee of any future returns, and should not be used as a basis of comparison with other investments. Different Plans i.e. Regular Plan and Direct Plan under the scheme have different expense structure. Benchmark: Nifty 50 Arbitrage Index Additional Benchmark: CRISIL 1 Year T-Bill Index. For SIP returns, monthly investment of Rs.10,000 invested on the 1st business day of every month has been considered. CAGR Returns (%) are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return).
Disclaimer - Fund SIP Performance
The performance details provided herein are of Growth option under Direct and Regular Plans. The Fund(s) offer Systematic Investment Plan (SIP) facility. To illustrate the advantages of SIP investments, this is how your investments would have grown if you had invested say Rs. 10,000 systematically on the first Business Day of every month over a period of time in the Growth Option of respective scheme. The returns are calculated by XIRR approach assuming investment of 10,000/- on the 1st working day of every month. XIRR helps in calculating return on investments given an initial and final value and a series of cash inflows and outflows with correct allowance for the time impact of the transactions.
THIS PRODUCT IS SUITABLE FOR INVESTORS WHO ARE SEEKING^
- To generate income by predominantly investing in arbitrage opportunities
- Investments predominantly in arbitrage opportunities in the cash and derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market instruments
^Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Face Value per Unit: Rs. 10 unless other wise specified; Data is as of November 30, 2024 unless other wise specified.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully