Fund Features

Scheme Classification

An open ended scheme investing in equity, arbitrage and debt

Objective

To generate regular income by predominantly investing in arbitrage opportunities in the cash and derivatives segments of the equity markets, debt and money market instruments and to generate long-term capital appreciation through unhedged exposure to equity and equity related instruments.

Inception date

October 18, 2011

Fund Managers

Mr. Venugopal Manghat, Mr. Praveen Ayathan and
Mr. Jalpan Shah

Benchmark index

Nifty 50 Arbitrage Index (75%) and S&P BSE 200 TRI (25%)

SIP availability

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

Annual Recurring Expenses (Regular Plan)

1.49% (As on 30th June 2019)

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Annual Recurring Expenses (Direct Plan)

0.57% (As on 30th June 2019)

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Note:

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.

Entry Load

NIL

Exit Load

If the units redeemed or switched out are upto 10% of the units purchased or switched in ("the limit") within 1 year from the date of allotment: Nil

If units redeemed or switched out are over and above the limit within 1 year from the date of allotment: 1 (% of Applicable NAV)

If units are redeemed or switched out on or after 1 year from the date of allotment: 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 respect of redemption/switch out of
(i) Units allotted on account of dividend re-investments; and
(ii) Units issued by way of bonus, if any.

Minimum Initial Application Amount

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

Minimum Additional Application Amount

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

Minimum Amount/No. of Units for Redemption

Rs. 500 or 50 Units

NAV

View Historic NAV

Asset Allocation

Asset Allocation is represented as:

Instruments	Maximum	Minimum	Risk Profile
Instruments	Indicative Allocation (% of net assets)		Risk Profile
A. Equity and equity related instruments	90%	65%	High
A1. Equity and equity derivatives (arbitrage opportunities)	50%	20%	Medium to High
A2. Net long equity*	45%	15%	High
B. Debt, Money Market Instruments and Government Securities (including CBLO/reverse repos, Credit default swaps, equity linked in debentures, margin and securitized debt)	35%	10%	Low

* The unhedged equity exposure shall be limited to 45% of the portfolio value.

Risk Factor

This product is suitable for investors who are seeking*

Generation of regular income by predominantly investing in arbitrage opportunities in the cash and derivatives segment and long–term capital appreciation through unhedged exposure to equity and equity related instruments.

Investment in equity and equity related instruments, derivatives and
debt and money market instruments

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

Fund Features

NAV

Asset Allocation

Instruments

Risk Factor