NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹10.83
0.02%
NAV as on 23 Nov 24, 12:00 AM
low risk
arbitrage fund
equity
NAV as on 23 Nov 24, 12:00 AM
low risk
arbitrage fund
equity
7.08%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
6.78%p.a.
Since Inception
About Bajaj Finserv Arbitrage Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Bajaj Finserv Arbitrage Fund Growth scheme from Bajaj Finserv Asset Management Limited. It is a Arbitrage Fund mutual fund scheme that predominantly invests in Arbitrage Fund stocks of companies. Launched on Sep 2023, Bajaj Finserv Arbitrage Fund Growth is Arbitrage Fund fund of its category with 699.73 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Arbitrage Fund funds.
- Bajaj Finserv Arbitrage Fund Growth delivered 7.1% annual returns during the last year. It has delivered 6.8% average annual returns since the fund was launched.
- Bajaj Finserv Arbitrage Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
The investment objective of the Scheme is to seek to generate returns by investing in arbitrage opportunities in the cash and derivatives segments of the equity markets and by investing balance in debt and money market instruments.
Top 10 Holdings
Bajaj Finserv Liquid Dir Gr
24.26%
Future on Reliance Industries Ltd
6.94%
Reliance Industries Ltd
6.90%
Hdfc Bank Limited November 2024 Future
5.19%
HDFC Bank Ltd
5.15%
Future on Hindustan Aeronautics Ltd Ordinary Shares
2.29%
Hindustan Aeronautics Ltd Ordinary Shares
2.28%
Power Grid Corp Of India Ltd
2.08%
Future on Power Grid Corp Of India Ltd
2.06%
Future on Bank of Baroda
1.91%
Fund Managers
- Siddharth Chaudhary (Sep 2023 - Present)
- Ilesh Savla (Sep 2023 - Present)
Key Information
View Scheme Document
Bajaj Finserv Arbitrage Fund Growth SIP Calculator
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NRI Mutual Fund Tax on Bajaj Finserv Arbitrage Fund Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Bajaj Finserv Arbitrage Fund Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Bajaj Finserv Arbitrage Fund Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
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3Y Return
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6.5%
SBI Arbitrage Opportunities Fund Growth
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6.4%
ICICI Prudential Equity Arbitrage Fund Growth
low risk | equity
6.2%
Frequently Asked Questions
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