The fund invests in arbitrage opportunities in the cash and the derivative segments of the equity markets. It aims to capture the spread (Cost of Carry) between the cash and futures market by simultaneously executing buy (in the cash market) and sell (in the futures market) trades. The balance is invested in debt and money market instruments. The fund typically follows a strategy of taking market neutral (equally offsetting) positions in the equity market making it a low risk product irrespective of the movements in equity market.
|Min (1st time)||₹100|
|Min (later on)||₹100|
|Exit Load : 0.25% if redeemed / switched-out within 1 month from the date of allotment (w.e.f 01st July 2016)|