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
₹13.88
0.11%
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
7.20%p.a.
Last 1Y
5.65%p.a.
Last 3Y
4.33%p.a.
Last 5Y
3.87%p.a.
Since Inception
About Sundaram Arbitrage Fund - Plan - Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Sundaram Arbitrage Fund - Plan - Growth scheme from Sundaram Asset Management Company Ltd. It is a Arbitrage Fund mutual fund scheme that predominantly invests in Arbitrage Fund stocks of companies. Launched on Apr 2016, Sundaram Arbitrage Fund - Plan - Growth is Arbitrage Fund fund of its category with 221.65 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.
- Sundaram Arbitrage Fund - Plan - Growth delivered 7.2% annual returns during the last year. It has delivered 3.9% average annual returns since the fund was launched.
- Sundaram Arbitrage Fund - Plan - Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
To generate income with minimal volatility by investing in equity, arbitrage strategies which fully offset the equity exposure and investments in debt instruments.
Top 10 Holdings
Future on Reliance Industries Ltd
8.64%
Reliance Industries Ltd
8.59%
Sundaram Liquid Dir Gr
6.83%
Hdfc Bank Limited November 2024
6.81%
HDFC Bank Ltd
6.76%
Future on Punjab National Bank
5.50%
Punjab National Bank
5.44%
7.38% Govt Stock 2027
4.58%
Indus Towers Limited November 2024
4.42%
Indus Towers Ltd Ordinary Shares
4.39%
Fund Managers
- Dwijendra Srivastava (Jan 2022 - Present)
- Rohit Seksaria (Jan 2022 - Present)
- Ashish Aggarwal (Jan 2022 - Present)
Key Information
View Scheme Document
Sundaram Arbitrage Fund - Plan - Growth SIP Calculator
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NRI Mutual Fund Tax on Sundaram Arbitrage Fund - 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 Sundaram Arbitrage Fund - 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 Sundaram Arbitrage Fund - 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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Frequently Asked Questions
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