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Objective : HDFC Arbitrage Fund seeks to achieve income enhancement through arbitrage in cash and derivative market and by investing of surplus cash in debt securities and money market instruments.
Structure : Open ended equity scheme.
Inception Date : September 28, 2007
Plans and Options under the Plan :
Retail Plan - Growth option, Wholesale Plan - Growth option. Wholesale and Retail Plans are with Dividend options. Dividend Option offers monthly and quarterly dividend option with payout and reinvestment facility.
Face Value (Rs/Unit): Rs 10
Minimum Investment :
Retail Plan- Growth option /Quarterly Dividend option: Rs.5000 and in multiples of Re.100 thereafter.
Monthly Dividend Option: Rs.25000 in multiples of Rs. 100 thereafter.
Wholesale Plan with Growth /Dividend Option:Rs. 1 Crore in multiples of Rs.100 thereafter.
Entry Load : Nil
Exit Load : 0.5% if redeemed within 3 months.
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