Edelweiss Arbitrage Fund - Direct Plan - Growth Option is an open-ended equity scheme offered by Edelweiss Mutual Fund and managed by Edelweiss Asset Management Limited. The scheme carries moderately low risk and has one manager for the equity portion and one for the debt portion of the investments.
Investment Objective of Edelweiss Arbitrage Fund - Direct Plan - Growth Option
The investment objective of Edelweiss Arbitrage Fund - Direct Plan - Growth Option is to generate income through investment primarily in arbitrage opportunities in the derivative and cash segments of the equity markets as well as in arbitrage opportunities available in the derivative segment. A part of the total investment is also made in money market and debt securities to generate income.
Key Features of Edelweiss Arbitrage Fund - Direct Plan - Growth Option
Some of the significant features of Edelweiss Arbitrage Fund - Direct Plan - Growth Option are as indicated in the table below:
|
Type of fund |
Open-ended scheme |
|
Plans available |
|
|
Options under each plan |
The Regular Plan and the Direct Plan both come with three options:
The Dividend Options come with the following sub-options:
|
|
Risk |
Moderately Low |
|
Systematic Investment Plan |
Available |
|
Systematic Transfer Plan |
Available |
|
Systematic Withdrawal Plan |
Available |
Investment Amount for Edelweiss Arbitrage Fund - Direct Plan - Growth Option
The following is the information regarding the investment amounts and loads:
|
Minimum application amount |
Rs.5,000 and in multiples of Re.1 thereafter |
|
Minimum additional investment |
Rs.1,000 and in multiples of Re.1 thereafter |
|
Minimum instalment for Systematic Investment Plan (SIP) |
- |
|
Entry Load |
Not Applicable |
|
Exit Load |
|
Asset Allocation for Edelweiss Arbitrage Fund - Direct Plan - Growth Option
In case of normal circumstances, the asset allocation will be as follows:
|
Instruments |
Allocations (Percentage of total assets) |
Risk Profile |
|
Equity and equity-related securities including derivatives |
65% to 100% |
Medium to High |
|
Money market and debt securities inclusive of the margin money deployed in derivative transactions |
0% to 35% |
Low |
In case of defensive circumstances, the asset allocation will be as follows:
|
Instruments |
Allocations (Percentage of total assets) |
Risk Profile |
|
Equity and equity related securities including derivatives |
0% to 35% |
Medium to High |
|
Money market and debt securities inclusive of the margin money deployed in derivative transactions |
65% to 100% |
Low |
NAV Disclosure and Benchmark for Edelweiss Arbitrage Fund - Direct Plan - Growth Option
The Net Asset Value of Edelweiss Arbitrage Fund - Direct Plan - Growth Option shall be declared on every working day and published in at least two national dailies that are circulated across India. The Net Asset Value will also be available for viewing on the website of the fund house and the website of the Association of Mutual Funds in India. The NAV can also be accessed at the company’s toll free number – 1800 425 0090 for BSNL and MTNL users, and the non-toll free number – +91 40 23001181 for non BSNL or MTNL users or investors outside the country.
The Benchmark adopted by Edelweiss Arbitrage Fund - Direct Plan - Growth Option is the Nifty 50 Arbitrage Index.
Edelweiss Arbitrage Fund - Direct Plan - Growth Option Fund Manager
Edelweiss Arbitrage Fund - Direct Plan - Growth Option has two fund managers. While Mr. Bhavesh Jain manages the equity portion of the scheme, Mr. Dhawal Dalal is in charge of the debt portion. The former has been managing Edelweiss Arbitrage Fund - Direct Plan - Growth Option since inception, and the latter has been handling the debt portion since December 22, 2016.
Why you should Invest in Edelweiss Arbitrage Fund - Direct Plan - Growth Option
Edelweiss Arbitrage Fund - Direct Plan - Growth Option is ideal for investors who are looking for income through investment in arbitrage opportunities. The risk associated with this investment is relatively low, which means that your capital will be most likely be safe and the potential to generate returns will be high.
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