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
₹18.60
0.07%
NAV as on 17 Nov 24, 12:00 AM
low risk
arbitrage fund
hybrid (nc)
NAV as on 17 Nov 24, 12:00 AM
low risk
arbitrage fund
hybrid (nc)
7.67%p.a.
Last 1Y
6.26%p.a.
Last 3Y
5.43%p.a.
Last 5Y
6.14%p.a.
Since Inception
About Edelweiss Arbitrage Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Edelweiss Arbitrage Fund Growth scheme from Edelweiss Asset Management Limited. It is a Arbitrage Fund mutual fund scheme that predominantly invests in Arbitrage Fund stocks of companies. Launched on Jun 2014, Edelweiss Arbitrage Fund Growth is Arbitrage Fund fund of its category with 12,537.01 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.
- Edelweiss Arbitrage Fund Growth delivered 7.7% annual returns during the last year. It has delivered 6.1% average annual returns since the fund was launched.
- Edelweiss Arbitrage Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in hybrid (nc)
Fund Objective
The investment objective of the Scheme is to generate income by predominantly investing in arbitrage opportunities in the cash and the derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market instruments. However, there is no assurance that the investment objective of the Scheme will be realized.
Top 10 Holdings
Edelweiss Liquid Dir Gr
7.30%
Future on Reliance Industries Ltd
5.76%
Reliance Industries Ltd
5.73%
Future on HDFC Bank Ltd
2.96%
HDFC Bank Ltd
2.94%
EdelweissNifty PSU BPSDLA2650:50IdxDrGr
2.41%
Future on Bharti Airtel Ltd
2.35%
Bharti Airtel Ltd
2.33%
Future on Vedanta Ltd
2.10%
Vedanta Ltd
2.09%
Fund Managers
- Bhavesh Jain (Jun 2014 - Present)
- Rahul Dedhia (Aug 2024 - Present)
- Amit Vora (Nov 2024 - Present)
- Pranavi Kulkarni (Jul 2024 - Present)
Key Information
View Scheme Document
Edelweiss Arbitrage Fund Growth SIP Calculator
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NRI Mutual Fund Tax on Edelweiss 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 Edelweiss 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 Edelweiss 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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6.5%
SBI Arbitrage Opportunities Fund Growth
low risk | equity
6.4%
ICICI Prudential Equity Arbitrage Fund Growth
low risk | equity
6.2%
Frequently Asked Questions
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