Nippon India Arbitrage Fund Direct-Dividend Monthly

Investors understand that their principal will be at

Nippon India Arbitrage Fund Direct-Dividend Monthly

Exit load of 0.25% if redeemed within 1 month

Exit load of 0.25% if redeemed within 1 month

AboutNippon India Arbitrage Fund Direct-Dividend Monthly

Nippon India Arbitrage Fund Direct-Dividend Monthlyis aBalancedmutual fund scheme fromNippon India Mutual Fund. This scheme was launched on25 Mar 2014and is currently managed by its fund managerAnand Devendra Gupta. It has an AUM of ₹9,441.45Crores and the latest NAV decalared is ₹11.146as on18 Oct 2019at10:50 pm.

Nippon India Arbitrage Fund Direct-Dividend Monthly scheme return performance in last 1 year is 7.19%, in last 3 years is 22.54% and 49.34% since scheme launch. The min. SIP amount to invest in this scheme is ₹100.

The scheme seeks to generate income by taking advantage of the arbitrage opportunities that potentially exists between cash and derivative market and within the derivative segment along with investments in debt securities & money market instruments.

Arbitrage fund leverages on the price differential of an asset (like stocks) in the cash and derivatives market to deliver low volatility returns. Being hybrid in nature, they are allowed to invest a significant portion towards equity and equity related instruments. Due to this, the capital gains from arbitrage funds are taxed in the same way as equity funds.

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CIN – U72900DL2017PLC323936. All Rights Reserved.

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