Invesco India Arbitrage Fund - Growth Option
Fund House: Invesco Mutual Fund| Category: Hybrid: Arbitrage |
| Launch Date: 30-04-2007 |
| Asset Class: Mixed Asset |
| Benchmark: Nifty 50 Arbitrage Index |
| TER: 1.05% As on (31-08-2023) |
| Status: Open Ended Schemes |
| Minimum Investment: 1000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 6,982.79 Cr As on (31-08-2023) |
| Turn over: 1,928% | Exit Load: Exit load of 0.50% if redeemed within 15 days |
28.1479
0.01 (0.0384%)
6.51%
Benchmark: 6.05%
PERFORMANCE
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Investment Objective
The fund aims to generate income by cashing in on arbitrage opportunities emerging out of pricing mismatch between the cash market and the derivatives market.
Current Asset Allocation (%)
Indicators
| Standard Deviation | 0.65 |
| Sharpe Ratio | 0.72 |
| Alpha | 1.68 |
| Beta | 0.76 |
| Yield to Maturity | 6.98 |
| Average Maturity | 0.49 |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| Invesco India Arbitrage Fund - Growth Option | 30-04-2007 | 7.29 | 5.72 | 4.99 | 5.15 | 6.02 |
| SBI Arbitrage Opportunities Fund - Regular Plan - Gr | 03-11-2006 | 7.35 | 5.7 | 4.98 | 5.06 | 6.02 |
| Kotak Equity Arbitrage Fund - Growth | 29-09-2005 | 7.18 | 5.5 | 4.97 | 5.22 | 6.24 |
| DSP Arbitrage Fund - Regular - Growth | 05-01-2018 | 7.0 | 5.09 | 4.57 | 4.98 | - |
| Edelweiss Arbitrage Fund- Regular Plan- Growth Option | 05-06-2014 | 7.0 | 5.35 | 4.81 | 5.17 | - |
| HDFC Arbitrage Fund - Wholesale Growth Option | 10-10-2007 | 7.0 | 5.15 | 4.7 | 4.88 | 5.86 |
| ICICI Prudential Equity Arbitrage Fund - Growth | 30-12-2006 | 6.98 | 5.26 | 4.79 | 5.07 | 6.11 |
| BANDHAN Arbitrage Fund - Regular Plan - Growth | 21-12-2006 | 6.95 | 5.13 | 4.63 | 4.93 | 5.98 |
| UTI Arbitrage Fund - Regular Plan - Growth Option | 22-06-2006 | 6.93 | 5.14 | 4.73 | 5.09 | 6.02 |
| Aditya Birla Sun Life Arbitrage Fund - Regular Plan - Growth | 24-07-2009 | 6.86 | 5.12 | 4.7 | 5.03 | 5.96 |
Scheme Characteristics
Scheme following arbitrage strategy. Minimum investment in equity & equity related instruments - 65% of total assets.
Riskometer
PORTFOLIO
Market Cap Distribution
Small Cap
3.19%
Others
-59.65%
Large Cap
22.17%
Mid Cap
6.83%
Tax Benefits of investing in this fund
Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#
Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.
Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **
# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund
