An open ended scheme investing in arbitrage opportunities

To seek to generate reasonable returns by predominantly investing in arbitrage opportunities in the cash and derivatives segments of the equity markets and by investing balance in debt and money market instruments. 

June 30, 2014

Venugopal Manghat, Praveen Ayathan and Karan Desai (for investments in Foreign Securities)

Nifty 50 Arbitrage TRI Index

Yes. (For more information on SIP, please refer to the section on "Facilities Offered to Investors under the Scheme" in the SID)

0.90% ( As on 30th June 2019)

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0.40% ( As on 30th June 2019)

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The above ratio includes 5 bps of additional expenses.

Apart from the above-mentioned expenses, additional expenses of up to 0.30% of daily net assets of the scheme, in compliance with the conditions prescribed and GST on investment management fees are also being charged.

NIL

For redemption on or before 1 month from the date of allotment or Purchase applying First in First out basis - 0.50% of Applicable NAV. 

After 1 month from the date of allotment or Purchase applying First in First out basis - NIL

A switch-out or a withdrawal under SWP may also attract an Exit Load like any Redemption. 

No Exit Load will be chargeable in case of switches made between different options of the Scheme. 

No Exit Load will be chargeable in case of (i) Units allotted on account of dividend re-investments; and (ii) Units issued by way of bonus, if any.

Rs. 5,000 per application and in multiples of Re. 1 thereafter

Rs. 1,000 per application and in multiples of Re. 1 thereafter

Rs 500 or 50 units or account balance, whichever is lower