Formerly Union Arbitrage Reg DP
However, Scripbox does not recommend investing in arbitrage mutual funds.
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.
2 Years. The Fund has a Short history for analysis. We recommend funds with longer history.
67 Cr. Medium within the category
Neutral. The category has a neutral investment outlook
Consistency Of Performance
Relatively moderate. The historical performance of the fund has been OK
The investment objective of the scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivatives segment of the equity market,and by investing the balance in debt and money market instruments.
Low to Moderate
Feb 27, 2019
Launched (2y ago)
AUM in Crores
NIFTY 50 Arbitrage TR INR
Returns Calculator Comparison
with step up of
|Instrument||Returns||Total Corpus||Gains||Annualised %|
|Mutual Fund||₹ 965,796||₹ 233,184||11.25%|
|EPF||₹ 900,761||₹ 168,149||8.50%|
|Property||₹ 867,662||₹ 135,050||7.00%|
|PPF||₹ 869,819||₹ 137,207||7.10%|
|Bank FD||₹ 846,471||₹ 113,859||6.00%|
|Gold||₹ 846,471||₹ 113,859||6.00%|
|Savings Bank||₹ 825,950||₹ 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.
Comparison with Hybrid Funds
About the AMC
Union Asset Management Co. Pvt. Ltd.
Union Asset Management Co. Pvt. Ltd. manages assets worth 6,409 crores and was set up on 30 December 2009. It's current offering of mutual fund schemes includes 28 equity,30 debt and 16 hybrid funds.
₹ 496 Cr
₹ 1,028 Cr
₹ 1,028 Cr
₹ 1,028 Cr
₹ 1,028 Cr
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Union Arbitrage Fund of Income Distribution cum capital withdrawal (PIDCW-A) is a arbitrage hybrid fund and has delivered an annualised return of 4.1% over a period of 2 years .The fund was previously known as Union Arbitrage Reg DP.The fund is managed by Union Asset Management Co. Pvt. Ltd..The fund managers are Devesh Thacker, Vishal Thakker
The investment objective of the scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivatives segment of the equity market,and by investing the balance in debt and money market instruments. However, there is no assurance that the objective of the scheme will be realized.
The Union Arbitrage Fund of Income Distribution cum capital withdrawal (PIDCW-A) fund was launched on Feb 27, 2019. The NAV (Net Asset Value) of this arbitrage hybrid as of 2021-05-17 is ₹ 10.861. The total AUM (Asset Under Management) of the fund as of 2021-05-18 is ₹ 66.438. The category risk of the Union Arbitrage Fund of Income Distribution cum capital withdrawal (PIDCW-A) fund is Low Risk. The fund charges 0.98 % as expense ratio.
The fund’s highest allocation is towards others and has invested 90.5% in this asset class. The top three holdings of the fund are 5.22% goi 2025,5.15% govt stock 2025 and 364 dtb 24062021
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 2000 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.
This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to NIFTY 50 Arbitrage TR INR
Union Arbitrage Fund of Income Distribution cum capital withdrawal (PIDCW-A) has a score of 3 on a scale of 5. The fund scores 2 out of 5 based on historical performance. As compared to the other funds in its category, Union Arbitrage Fund of Income Distribution cum capital withdrawal (PIDCW-A) has a score of 3 out of 5. Scipbox has rated this fund 3 out of 5 based on consistency of performance over various years / tenures.