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
₹12.43
0.09%
NAV as on 17 Nov 24, 12:00 AM
low risk
arbitrage fund
equity
NAV as on 17 Nov 24, 12:00 AM
low risk
arbitrage fund
equity
7.38%p.a.
Last 1Y
5.19%p.a.
Last 3Y
4.22%p.a.
Last 5Y
4.21%p.a.
Since Inception
About ITI Arbitrage Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the ITI Arbitrage Fund Growth scheme from ITI Asset Management Limited. It is a Arbitrage Fund mutual fund scheme that predominantly invests in Arbitrage Fund stocks of companies. Launched on Sep 2019, ITI Arbitrage Fund Growth is Arbitrage Fund fund of its category with 37.79 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.
- ITI Arbitrage Fund Growth delivered 7.4% annual returns during the last year. It has delivered 4.2% average annual returns since the fund was launched.
- ITI 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 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
ITI Liquid Dir Gr
22.52%
Future on State Bank of India
5.90%
Indus Towers Limited
5.86%
State Bank of India
5.86%
Indus Towers Ltd Ordinary Shares
5.82%
Future on HDFC Bank Ltd
5.09%
HDFC Bank Ltd
5.05%
Future on Steel Authority Of India Ltd
3.94%
Steel Authority Of India Ltd
3.92%
Future on Bank of Baroda
3.91%
Fund Managers
- Vikrant Mehta (Jan 2021 - Present)
- Vikas Nathani (Jan 2024 - Present)
Key Information
View Scheme Document
ITI Arbitrage Fund Growth SIP Calculator
If invested
per month
For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
NRI Mutual Fund Tax on ITI 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 ITI 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 ITI 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
Similar Funds
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3Y Return
Kotak Equity Arbitrage Fund Growth
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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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