NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Edelweiss Arbitrage Fund Growth for NRI [18.41]

Min Investment

100

Fund Size

12,304.73 Cr

Expense Ratio

1.1%

Exit Load

0.1%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

18.41

-0.01%

NAV as on 03 Oct 24, 12:00 AM

low risk

arbitrage fund

hybrid (nc)

NAV as on 03 Oct 24, 12:00 AM

low risk

arbitrage fund

hybrid (nc)

7.42%p.a.

Last 1Y

6.07%p.a.

Last 3Y

5.38%p.a.

Last 5Y

6.13%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 12,304.73 Cr fund under management as on Oct 2024. The expense ratio of this fund is less than that of most other Fund category Arbitrage Fund funds.

  • Edelweiss Arbitrage Fund Growth delivered 7.4% 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

7.35%

Hdfc Bank Ltd.26/09/2024

6.95%

HDFC Bank Ltd

6.92%

Adani Enterprises Ltd.26/09/2024

2.24%

Adani Enterprises Ltd

2.22%

Vedanta Ltd.26/09/2024

2.16%

Vedanta Ltd

2.16%

Vodafone Idea Ltd.26/09/2024

2.09%

Vodafone Idea Ltd

2.07%

Reliance Industries Ltd.26/09/2024

2.01%

Fund Managers

  1. Bhavesh Jain (Jun 2014 - Present)
  2. Rahul Dedhia (Aug 2024 - Present)
  3. Bhavin Patadia (Mar 2023 - Present)
  4. Pranavi Kulkarni (Jul 2024 - Present)

Key Information

View Scheme Document

Edelweiss Arbitrage Fund Growth SIP Calculator

If invested

5,000

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 Edelweiss Arbitrage Fund Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% 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

Frequently Asked Questions