How to Invest in LIC MF Arbitrage Fund Direct Growth?

You can easily invest in LIC MF Arbitrage Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for LIC MF Arbitrage Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in LIC MF Arbitrage Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does LIC MF Arbitrage Fund Direct Growth provide?

The LIC MF Arbitrage Fund Direct Growth has been there from 25 Jan 2019 and the average annual returns provided by this fund is 7.64% since its inception.

How much expense ratio is charged by LIC MF Arbitrage Fund Direct Growth?

The term Expense Ratio used for LIC MF Arbitrage Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of LIC MF Arbitrage Fund Direct Growth is 0.31% as of 04 Dec 2023...

What is the AUM of LIC MF Arbitrage Fund Direct Growth?

The AUM, short for Assets Under Management of LIC MF Arbitrage Fund Direct Growth is ₹27.99Cr as of 04 Dec 2023.

How to Redeem LIC MF Arbitrage Fund Direct Growth?

If you want to sell your LIC MF Arbitrage Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of LIC MF Arbitrage Fund Direct Growth?

You can select either SIP or Lumpsum investment of LIC MF Arbitrage Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of LIC MF Arbitrage Fund Direct Growth?

The NAV of LIC MF Arbitrage Fund Direct Growth is ₹12.86 as of 01 Dec 2023.

What is the PE and PB ratio of LIC MF Arbitrage Fund Direct Growth?

The PE ratio ratio of LIC MF Arbitrage Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

LIC MF Arbitrage Fund Direct Growth - NAV, Mutual Fund Performance & Portfolio

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LIC MF Arbitrage Fund Direct Growth
Hybrid
Arbitrage
Low Risk
5.36%
3Y annualised
+0.04% 1D
1M
6M
1Y
3Y
All
 NAV: 01 Dec 2023₹12.86
Min. SIP amount₹1,000
Rating2
Fund size₹27.99Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Hybrid Arbitrage
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA7.6%5.4%5.3%
Category averageNA7.1%4.7%NA
Rank with in categoryNA1917NA
Understand terms
Holdings (46)NameSectorInstrumentAssets
LIC MF Liquid Fund - Direct Plan
NAMutual Fund20.5%
Ultratech Cement Ltd.
ConstructionEquity3.9%
Hindalco Industries Ltd.
Metals & MiningEquity3.9%
Pidilite Industries Ltd.
ChemicalsEquity3.7%
Bajaj Finance Ltd.
FinancialEquity3.7%
DLF Ltd.
ConstructionEquity3.7%
LTIMindtree Ltd.
TechnologyEquity3.3%
Larsen & Toubro Ltd.
ConstructionEquity3.1%
Aditya Birla Capital Ltd.
FinancialEquity3.0%
HDFC Bank Ltd.
FinancialEquity2.6%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and cons
Category: Hybrid Arbitrage
Pros
Cons
Consistently higher annualised returns than category average for the past 1Y and 3Y
Low rating: 2
Lower expense ratio: 0.31%
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
Higher alpha: 1.97
The fund has generated returns higher than benchmark - NIFTY 50 Arbitrage Total Return Index - in the last 3Y 
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
27 Nov 2023 - Present
0.31%
26 Nov 2023 - 27 Nov 2023
0.31%
25 Nov 2023 - 26 Nov 2023
0.31%
24 Nov 2023 - 25 Nov 2023
0.31%
23 Nov 2023 - 24 Nov 2023
0.31%
22 Nov 2023 - 23 Nov 2023
0.31%
21 Nov 2023 - 22 Nov 2023
0.31%
20 Nov 2023 - 21 Nov 2023
0.31%
19 Nov 2023 - 20 Nov 2023
0.31%
18 Nov 2023 - 19 Nov 2023
0.31%
17 Nov 2023 - 18 Nov 2023
0.31%
16 Nov 2023 - 17 Nov 2023
0.31%
15 Nov 2023 - 16 Nov 2023
0.31%
14 Nov 2023 - 15 Nov 2023
0.31%
13 Nov 2023 - 14 Nov 2023
0.31%
12 Nov 2023 - 13 Nov 2023
0.31%
11 Nov 2023 - 12 Nov 2023
0.31%
10 Nov 2023 - 11 Nov 2023
0.31%
09 Nov 2023 - 10 Nov 2023
0.31%
08 Nov 2023 - 09 Nov 2023
0.31%
07 Nov 2023 - 08 Nov 2023
0.31%
06 Nov 2023 - 07 Nov 2023
0.31%
05 Nov 2023 - 06 Nov 2023
0.31%
04 Nov 2023 - 05 Nov 2023
0.31%
03 Nov 2023 - 04 Nov 2023
0.31%
02 Nov 2023 - 03 Nov 2023
0.31%
01 Nov 2023 - 02 Nov 2023
0.31%
31 Oct 2023 - 01 Nov 2023
0.31%
30 Oct 2023 - 31 Oct 2023
0.31%
29 Oct 2023 - 30 Oct 2023
0.31%
28 Oct 2023 - 29 Oct 2023
0.31%
27 Oct 2023 - 28 Oct 2023
0.31%
26 Oct 2023 - 27 Oct 2023
0.31%
25 Oct 2023 - 26 Oct 2023
0.31%
24 Oct 2023 - 25 Oct 2023
0.31%
23 Oct 2023 - 24 Oct 2023
0.31%
22 Oct 2023 - 23 Oct 2023
0.31%
21 Oct 2023 - 22 Oct 2023
0.31%
20 Oct 2023 - 21 Oct 2023
0.31%
19 Oct 2023 - 20 Oct 2023
0.31%
18 Oct 2023 - 19 Oct 2023
0.31%
17 Oct 2023 - 18 Oct 2023
0.31%
16 Oct 2023 - 17 Oct 2023
0.31%
15 Oct 2023 - 16 Oct 2023
0.31%
14 Oct 2023 - 15 Oct 2023
0.31%
13 Oct 2023 - 14 Oct 2023
0.31%
12 Oct 2023 - 13 Oct 2023
0.31%
11 Oct 2023 - 12 Oct 2023
0.31%
10 Oct 2023 - 11 Oct 2023
0.31%
09 Oct 2023 - 10 Oct 2023
0.31%
08 Oct 2023 - 09 Oct 2023
0.31%
07 Oct 2023 - 08 Oct 2023
0.31%
06 Oct 2023 - 07 Oct 2023
0.31%
05 Oct 2023 - 06 Oct 2023
0.31%
04 Oct 2023 - 05 Oct 2023
0.31%
03 Oct 2023 - 04 Oct 2023
0.31%
02 Oct 2023 - 03 Oct 2023
0.31%
01 Oct 2023 - 02 Oct 2023
0.31%
30 Sep 2023 - 01 Oct 2023
0.31%
29 Sep 2023 - 30 Sep 2023
0.31%
28 Sep 2023 - 29 Sep 2023
0.31%
27 Sep 2023 - 28 Sep 2023
0.31%
26 Sep 2023 - 27 Sep 2023
0.31%
25 Sep 2023 - 26 Sep 2023
0.31%
24 Sep 2023 - 25 Sep 2023
0.31%
23 Sep 2023 - 24 Sep 2023
0.31%
22 Sep 2023 - 23 Sep 2023
0.31%
21 Sep 2023 - 22 Sep 2023
0.31%
20 Sep 2023 - 21 Sep 2023
0.31%
19 Sep 2023 - 20 Sep 2023
0.31%
18 Sep 2023 - 19 Sep 2023
0.31%
17 Sep 2023 - 18 Sep 2023
0.31%
16 Sep 2023 - 17 Sep 2023
0.31%
15 Sep 2023 - 16 Sep 2023
0.31%
14 Sep 2023 - 15 Sep 2023
0.31%
13 Sep 2023 - 14 Sep 2023
0.31%
12 Sep 2023 - 13 Sep 2023
0.31%
11 Sep 2023 - 12 Sep 2023
0.31%
10 Sep 2023 - 11 Sep 2023
0.31%
09 Sep 2023 - 10 Sep 2023
0.31%
08 Sep 2023 - 09 Sep 2023
0.31%
07 Sep 2023 - 08 Sep 2023
0.31%
06 Sep 2023 - 07 Sep 2023
0.31%
05 Sep 2023 - 06 Sep 2023
0.31%
04 Sep 2023 - 05 Sep 2023
0.31%
03 Sep 2023 - 04 Sep 2023
0.31%
02 Sep 2023 - 03 Sep 2023
0.31%
01 Sep 2023 - 02 Sep 2023
0.31%
31 Aug 2023 - 01 Sep 2023
0.31%
31 Jul 2023 - 31 Aug 2023
0.31%
30 Jun 2023 - 31 Jul 2023
0.31%
31 May 2023 - 30 Jun 2023
0.31%
30 Apr 2023 - 31 May 2023
0.31%
31 Mar 2023 - 30 Apr 2023
0.31%
28 Feb 2023 - 31 Mar 2023
0.31%
31 Jan 2023 - 28 Feb 2023
0.31%
31 Dec 2022 - 31 Jan 2023
0.32%
31 Dec 2022 - 31 Dec 2022
0.32%
31 Dec 2022 - 31 Dec 2022
0.32%
30 Nov 2022 - 31 Dec 2022
0.32%
30 Nov 2022 - 30 Nov 2022
0.32%
30 Nov 2022 - 30 Nov 2022
0.32%
31 Oct 2022 - 30 Nov 2022
0.32%
31 Oct 2022 - 31 Oct 2022
0.32%
31 Oct 2022 - 31 Oct 2022
0.32%
31 Oct 2022 - 31 Oct 2022
0.32%
30 Sep 2022 - 31 Oct 2022
0.32%
30 Sep 2022 - 30 Sep 2022
0.32%
30 Sep 2022 - 30 Sep 2022
0.32%
31 Aug 2022 - 30 Sep 2022
0.32%
31 Aug 2022 - 31 Aug 2022
0.32%
31 Jul 2022 - 31 Aug 2022
0.32%
31 Jul 2022 - 31 Jul 2022
0.32%
30 Jun 2022 - 31 Jul 2022
0.32%
30 Jun 2022 - 30 Jun 2022
0.32%
31 May 2022 - 30 Jun 2022
0.32%
31 May 2022 - 31 May 2022
0.32%
30 Apr 2022 - 31 May 2022
0.32%
30 Apr 2022 - 30 Apr 2022
0.32%
31 Mar 2022 - 30 Apr 2022
0.32%
31 Mar 2022 - 31 Mar 2022
0.32%
28 Feb 2022 - 31 Mar 2022
0.32%
28 Feb 2022 - 28 Feb 2022
0.32%
31 Jan 2022 - 28 Feb 2022
0.32%
31 Dec 2021 - 31 Jan 2022
0.33%
30 Nov 2021 - 31 Dec 2021
0.33%
31 Oct 2021 - 30 Nov 2021
0.33%
30 Sep 2021 - 31 Oct 2021
0.33%
31 Aug 2021 - 30 Sep 2021
0.33%
31 Jul 2021 - 31 Aug 2021
0.33%
30 Jun 2021 - 31 Jul 2021
0.33%
31 May 2021 - 30 Jun 2021
0.43%
30 Apr 2021 - 31 May 2021
0.43%
31 Mar 2021 - 30 Apr 2021
0.43%
28 Feb 2021 - 31 Mar 2021
0.43%
31 Jan 2021 - 28 Feb 2021
0.43%
31 Dec 2020 - 31 Jan 2021
0.43%
30 Nov 2020 - 31 Dec 2020
0.43%
31 Oct 2020 - 30 Nov 2020
0.43%
30 Sep 2020 - 31 Oct 2020
0.44%
31 Aug 2020 - 30 Sep 2020
0.47%
31 Jul 2020 - 31 Aug 2020
0.47%
30 Jun 2020 - 31 Jul 2020
0.47%
31 May 2020 - 30 Jun 2020
0.36%
30 Apr 2020 - 31 May 2020
0.36%
31 Mar 2020 - 30 Apr 2020
0.35%
29 Feb 2020 - 31 Mar 2020
0.35%
31 Jan 2020 - 29 Feb 2020
0.35%
31 Dec 2019 - 31 Jan 2020
0.35%
30 Nov 2019 - 31 Dec 2019
0.36%
31 Oct 2019 - 30 Nov 2019
0.37%
30 Sep 2019 - 31 Oct 2019
0.37%
31 Aug 2019 - 30 Sep 2019
0.37%
31 Jul 2019 - 31 Aug 2019
0.37%
30 Jun 2019 - 31 Jul 2019
0.37%
31 May 2019 - 30 Jun 2019
0.37%
30 Apr 2019 - 31 May 2019
0.37%
31 Mar 2019 - 30 Apr 2019
0.37%
28 Feb 2019 - 31 Mar 2019
0.37%
31 Jan 2019 - 28 Feb 2019
0.37%
Expense ratio, exit load and taxExpense ratio: 0.31%Inclusive of GST
Exit loadExit load of 0.25% if redeemed within 1 months.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year. 
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹5,000
Min. for 2nd investment onwards₹500
Min. for SIP₹1,000
Fund managementSumit Bhatnagar
Oct 2023 - Present
View details
Education
Mr. Bhatnagar is an MBA (Investment Management) from University of Toronto, Canada and CFA Charter (USA).
Experience
Prior to joining LIC Mutual Fund. He was assocaited with Indiabulls Mutual Fund he has worked with SEBI.
Also manages these schemes
Groww Large Cap Fund Direct Fund Growth
LIC MF Large Cap Fund Direct Growth
LIC MF Nifty 50 Index Fund Direct Growth
LIC MF S&P BSE Sensex Fund Direct Growth
Groww Arbitrage Fund Direct Growth
Groww Value Fund Direct Growth
Indiabulls Savings Income Fund Direct Growth
Groww ELSS Tax Saver Fund Direct Growth
Groww Aggressive Hybrid Fund Direct Growth
LIC MF Arbitrage Fund Direct Growth
LIC MF Nifty Next 50 Index Fund Direct Growth
LIC MF Equity Savings Fund Direct Growth
Pratik Harish Shroff
Sep 2023 - Present
View details
Education
Mr. Shroff has done B.Com, M.Com, CFA, FRM and Executive Programme in Applied Finance – IIM, Calcutta
Experience
Prior to joining LIC Mutual Fund, he was associated with CTBC Bank Ltd, IndusInd Bank Ltd, Industrial and Commercial Bank of China, Tata Mutual Fund and LKP Securities
Also manages these schemes
LIC MF Unit Linked Insurance Scheme Direct IDCW
LIC MF Aggressive Hybrid Fund Direct Growth
LIC MF Conservative Hybrid Fund Direct Growth
LIC MF Medium to Long Duration Bond Fund Direct Growth
LIC MF Gilt Fund Direct Growth
LIC MF Children's Gift Fund Direct Growth
LIC MF Banking & PSU Debt Fund Direct Growth
LIC MF Arbitrage Fund Direct Growth
LIC MF Short Duration Fund Direct Growth
LIC MF Equity Savings Fund Direct Growth
Fund house & investment objective
LIC Mutual Fund
Rank (total assets)#20 in India
Total AUM₹17,913.46Cr
Date of Incorporation20 Apr 1994
 LIC MF Arbitrage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 20 Apr 1994. Marzban Irani is the Current Fund Manager of LIC MF Arbitrage Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹17,913 Cr and the Latest NAV as of 01 Dec 2023 is ₹12.86.
The LIC MF Arbitrage Fund Direct Growth is rated Low risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹5,000. Exit load of 0.25% if redeemed within 1 months.
;
Investment ObjectiveThe scheme seeks to generate income by taking advantage of arbitrage opportunities that potentially exists between cash and derivative market and within the derivative segment of the equity market along with investments in debt securities & money market instruments.
;
Fund benchmarkNIFTY 50 Arbitrage Total Return Index
Scheme Information Document(SID)
Fund house contact details
Address
Industrial Assurance Building4th Floor, Opp. Churchgate Station Mumbai 400020
Phone
022-66016000 / 1800-258-5678
Launch Date
20 Apr 1994
E-mail
[email protected]
Website
www.licmf.com
LIC Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]
Website
www.karvymfs.com
Compare funds
LIC MF Arbitrage Fund Direct Growth
VS
Add mutual fund to compare

	6M	1Y	3Y	All
Fund returns	NA	7.6%	5.4%	5.3%
Category average	NA	7.1%	4.7%	NA
Rank with in category	NA	19	17	NA

Name	Sector	Instrument	Assets
LIC MF Liquid Fund - Direct Plan	NA	Mutual Fund	20.5%
Ultratech Cement Ltd.	Construction	Equity	3.9%
Hindalco Industries Ltd.	Metals & Mining	Equity	3.9%
Pidilite Industries Ltd.	Chemicals	Equity	3.7%
Bajaj Finance Ltd.	Financial	Equity	3.7%
DLF Ltd.	Construction	Equity	3.7%
LTIMindtree Ltd.	Technology	Equity	3.3%
Larsen & Toubro Ltd.	Construction	Equity	3.1%
Aditya Birla Capital Ltd.	Financial	Equity	3.0%
HDFC Bank Ltd.	Financial	Equity	2.6%

Rank (total assets)	#20 in India
Total AUM	₹17,913.46Cr

Date of Incorporation	20 Apr 1994

Fund benchmark	NIFTY 50 Arbitrage Total Return Index

Vaishnavi Tech Park, 3rd & 4th Floor
Sarjapur Main Road, Bellandur
Bengaluru – 560103
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Min. for 1st investment	₹5,000
Min. for 2nd investment onwards	₹500

Rating	2
Fund size	₹27.99Cr

LIC MF Arbitrage Fund Direct Growth

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (46)

Disclaimer

Pros and cons

Pros

Cons

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.31%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Sumit BhatnagarOct 2023 - PresentView details

Pratik Harish ShroffSep 2023 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Sumit Bhatnagar
Oct 2023 - Present
View details

Pratik Harish Shroff
Sep 2023 - Present
View details