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
₹28.28
0.08%
NAV as on 30 Apr 24, 12:00 AM
low risk
arbitrage fund
hybrid (nc)
NAV as on 30 Apr 24, 12:00 AM
low risk
arbitrage fund
hybrid (nc)
7.66%p.a.
Last 1Y
5.50%p.a.
Last 3Y
5.07%p.a.
Last 5Y
6.48%p.a.
Since Inception
About HDFC Arbitrage Fund Wholesale Plan Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the HDFC Arbitrage Fund Wholesale Plan Growth scheme from HDFC Asset Management Co Ltd. It is a Arbitrage Fund mutual fund scheme that predominantly invests in Arbitrage Fund stocks of companies. Launched on Oct 2007, HDFC Arbitrage Fund Wholesale Plan Growth is Arbitrage Fund fund of its category with 10,881.53 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Arbitrage Fund funds.
- HDFC Arbitrage Fund Wholesale Plan Growth delivered 7.7% annual returns during the last year. It has delivered 6.5% average annual returns since the fund was launched.
- HDFC Arbitrage Fund Wholesale Plan 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
To generate income through arbitrage opportunities and debt & money market instruments. There is no assurance that the investment objective of the Scheme will be realized.
Top 10 Holdings
HDFC Money Market Dir Gr
12.44%
Future on HDFC Bank Ltd
9.25%
HDFC Bank Ltd
9.25%
Future on Reliance Industries Ltd
5.58%
Reliance Industries Ltd
5.58%
HDFC Liquid Dir Gr
5.14%
Future on State Bank of India
4.95%
State Bank of India
4.95%
Future on Larsen & Toubro Ltd
3.52%
Larsen & Toubro Ltd
3.52%
Fund Managers
- Anil Bamboli (Feb 2022 - Present)
- Arun Agarwal (Aug 2020 - Present)
- Nirman Morakhia (Feb 2023 - Present)
- Dhruv Muchhal (Jun 2023 - Present)
Key Information
View Scheme Document
HDFC Arbitrage Fund Wholesale Plan Growth SIP Calculator
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Fixed Deposit
NRI Mutual Fund Tax on HDFC Arbitrage Fund Wholesale Plan 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 HDFC Arbitrage Fund Wholesale Plan 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 HDFC Arbitrage Fund Wholesale Plan 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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5.8%
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5.8%
ICICI Prudential Equity Arbitrage Fund Growth
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5.5%
Frequently Asked Questions
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