- Mutual Funds
- Groww Mutual Fund
- Groww Arbitrage Fund of (RIDCW-M)
Formerly Indiabulls Arbitrage Reg Mn IDCW-R
Arbitrage funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.
Arbitrage Funds are designed to take advantage of small differences in prices of securities between the cash and derivatives markets.
Funds in this category deploy different strategies making assessment of each fund a unique exercise.This category has a limited number of funds with a sufficiently long history.These funds are recommended as a tax - efficient alternative to debt funds but the effective tax differential is too small to provide a meaningful benefit to regular consumers who are better off investing in debt funds rather than a complex instrument.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 11.5855
NAV (Oct 3)
Fund Returns
Last 1Y | 5% |
Last 3Y | 3.2% |
Last 5Y | 3.6% |
Last 10Y | NA |
Since Inception | 4.9% |
6 Month CAGR | 2.6% |
Scheme Information
To generate income by predominantly investing in arbitrage opportunities in the cash and 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 or guarantee that the investment objective of the scheme will be realized.
Expense Ratio | 1.14 |
Launched (9y ago) | Dec 19, 2014 |
AUM in Crores | 2.468 |
ISIN | INF666M01BC8 |
Lock-in | No Lock-in |
Benchmark | NIFTY 50 Arbitrage TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 0.6 |
Standard Deviation (5yr) | 0.7 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | -3.446 |
Sharpe Ratio (5yr) | -2.356 |
YTM | 0 |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Groww Arbitrage Fund of (RIDCW-M) | 7,98,303 | 65,691 | 3.6% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Debt Holdings
Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 44,468 cr | ||
₹ 18,357 cr | ||
₹ 10,408 cr | ||
₹ 14,357 cr | ||
₹ 9,121 cr |
About the AMC
Groww Mutual Fund
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
3.2% | 5.1% | ||
17.6% | 10.6% | ||
4.5% | 7% | ||
21.5% | 8.8% | ||
3.5% | 6.2% |
Groww Arbitrage Fund of (RIDCW-M) Review
Groww Arbitrage Fund of (RIDCW-M) is a Arbitrage Debt fund and has delivered an annualised return of 4.9% over a period of 8 years. The fund was previously known as Indiabulls Arbitrage Reg Mn IDCW-R. The fund is managed by Groww Asset Management Ltd.. The fund managers are Anupam Tiwari, Karan Singh, Kaustubh Sule.
Nav of Groww Arbitrage Fund of (RIDCW-M) as of 10/3/2023 is ₹11.59 with the total AUM as of 10/4/2023 is ₹2.468. With Scripbox you can compare and check the latest nav for all mutual funds in India. Groww Arbitrage Fund of (RIDCW-M) was launched on Dec 19, 2014. The category risk of the fund is Low Risk.
The minimum SIP amount for Groww Arbitrage Fund of (RIDCW-M) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
Groww Arbitrage Fund of (RIDCW-M) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to NIFTY 50 Arbitrage TR INR.
Groww Arbitrage Fund of (RIDCW-M) is rated as a 1 fund in Debt and delivered 5% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Groww Arbitrage Fund of (RIDCW-M).
Frequently Asked Questions
What is Groww Arbitrage Fund of (RIDCW-M)?
How to invest in Groww Arbitrage Fund of (RIDCW-M)?
You can invest in Groww Arbitrage Fund of (RIDCW-M) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Groww Arbitrage Fund of (RIDCW-M)?
The minimum sip amount for Groww Arbitrage Fund of (RIDCW-M) is ₹1000. You can invest in multiples of ₹5000.
Is Groww Arbitrage Fund of (RIDCW-M) good to invest in?
As per Scripbox experts, Groww Arbitrage Fund of (RIDCW-M) is a Not Recommended fund. You can investGroww Arbitrage Fund of (RIDCW-M) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Groww Arbitrage Fund of (RIDCW-M)?
The expense ratio of the Groww Arbitrage Fund of (RIDCW-M) is 1.14% for regular plan.