2 Arbitrage Funds To Invest In 2021 That Are Rated 1 By CRISIL
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L&T Arbitrage Opportunities Fund
L&T Arbitrage Opportunities Fund Direct-Growth returns in the previous year were 4.45 percent, according to Value Research, and it has generated 6.64 percent average annual returns since its inception. The fund has a significant equity exposure in the construction, financial, energy, healthcare, and fast-moving consumer goods sectors. The fund has a 71.1 percent of cash allocation, 29.1 percent debt sector allocation, -0.2% towards equity.
Reserve Bank of India, Tata Steel Ltd., Reliance Industries Ltd., Bharti Airtel Ltd., ITC Ltd. are the fund’s top 5 holdings. The fund’s expense ratio is 0.37 percent, which is comparable to the expense ratios charged by most other funds in the same category. As of 30th September 2021, the fund has a Net Asset Value (NAV) of Rs 15.2740 and Asset Under Management (AUM) of Rs 5664.38 Cr. The fund charges an exit load of 0.50% if units are redeemed within 1 month and one can start SIP in this fund with a minimum amount of Rs 500.
Tata Arbitrage Fund Direct Growth
This fund have been launched by the fund house Tata Mutual Fund in the year 2018 and according to Value Research Tata Arbitrage Fund Direct’s 1-year growth returns were 4.72 percent, and it has generated 5.96 percent average annual returns since its inception. The fund has a major equity allocation across Automobile, Chemicals, Healthcare, FMCG and Construction.
Tata Liquid Fund Direct-Growth, GOI, Reserve Bank of India, Tata Treasury Advantage Direct Plan-Growth, ICICI Bank Ltd. are the fund’s top 5 holdings. The fund has an expense ratio of 0.32% and has a cash holding of 73.2%, debt holding of 27.0% and equity holding of -0.1%. The fund has a Net Asset Value (NAV) of Rs 11.75 and an Asset Under Management (AUM) of Rs 11,989.61 Cr as of September 30, 2021. If units are redeemed within one month, the fund levies a 0.25 percent exit load, and you may start a SIP with a minimum amount of Rs 500.
2 High Rated Arbitrage Mutual Funds To Invest In 2021
Here are the two arbitrage funds to invest in 2021, based on 1 or 5 star rating of CRISIL.
| Funds | 1 mth returns | 6 mth returns | 1 yr returns | Rating by CRISIL | Rating by Value Research | Rating Morningstar |
|---|---|---|---|---|---|---|
| L&T Arbitrage Opportunities Fund | 0.16% | 2.32% | 4.45% | 1 | 4 star | NA |
| Tata Arbitrage Fund Direct-Growth | 0.15% | 2.46% | 4.72% | 1 | NA | NA |
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