IDFC Arbitrage Fund
An open ended scheme investing in arbitrage opportunities
IDFC Arbitrage Fund
An open ended scheme investing in arbitrage opportunities.
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Category: Arbitrage
: ₹ 6,542.94 Crores
AUM or assets under management refers to the recent / updated cumulative market value of investments managed by a mutual fund or any investment firm.
: ₹ 7,381.96 Crores
AUM or assets under management refers to the recent / updated cumulative market value of investments managed by a mutual fund or any investment firm.
:
An employee of the asset management company such as a mutual fund or life insurer, who manages investments of the scheme. He is usually part of a larger team of fund managers and research analysts.
Debt Portion: Mr. Harshal Joshi (w.e.f. 20th October 2016)
Other Parameter:
| Beta
Beta is a measure of an investment's volatility vis-a-vis the market. Beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 implies that the security's price will be more volatile than the market. | 0.39 |
| R Square | 0.33 |
| Standard Deviation (Annualized)
Standard deviation is a statistical measure of the range of an investment's performance. When a mutual fund has a high standard deviation, its means its range of performance is wide, implying greater volatility. | 0.46% |
| Sharpe*
The Sharpe Ratio, named after its founder, the Nobel Laureate William Sharpe, is a measure of risk-adjusted returns. It is calculated using standard deviation and excess return to determine reward per unit of risk. | 1.02 |
| Portfolio Turnover | |
| Equity | 3.15 |
| Aggregate^ | 18.23 |
| Expense Ratio | |
| Regular | 1.08% |
| Direct | 0.40% |
SIP (Minimum Amount): ₹ 1,00/-
SIP Frequency: Monthly
SIP Dates (Monthly): Investor may choose any day of the month except 29th, 30th and 31st as the date of instalment.
Investment Objective: Click here
Minimum Investment Amount : ₹ 100/- and any amount thereafter
Option Available: Growth, Dividend - (Payout,Reinvestment and Sweep (from Equity Schemes to Debt Schemes only)) - Monthly & Annual
:
Exit load is charged at the time an investor redeems the units of a mutual fund. The exit load is deducted from the prevailing NAV at the time of redemption. For instance, if the NAV is ₹ 100 and the exit load is 1%, the redemption price would be ₹ 99 per unit.
NAV (₹)
| Regular Plan | Growth | 23.8684 |
| Regular Plan | Monthly Dividend | 12.7727 |
| Regular Plan | Annual Dividend | 10.7028 |
| Name | Industries | % of NAV |
| Axis Bank | Banks | 4.24% |
| ITC | Consumer Non Durables | 3.58% |
| HDFC | Finance | 3.08% |
| HDFC Bank | Banks | 2.88% |
| Reliance Industries | Petroleum Products | 2.86% |
| Larsen & Toubro | Construction Project | 2.71% |
| Infosys | Software | 2.32% |
| State Bank of India | Banks | 1.98% |
| Tata Consultancy Services | Software | 1.76% |
| ICICI Bank | Banks | 1.75% |
| Maruti Suzuki India | Auto | 1.49% |
| IndusInd Bank | Banks | 1.44% |
| Titan Company | Consumer Durables | 1.22% |
| Sun Pharmaceutical Industries | Pharmaceuticals | 1.21% |
| Bajaj Finserv | Finance | 1.11% |
| Bajaj Finance | Finance | 1.10% |
| Bharat Petroleum Corporation | Petroleum Products | 1.03% |
| Vedanta | Non - Ferrous Metals | 1.03% |
| GAIL (India) | Gas | 0.95% |
| Hindustan Unilever | Consumer Non Durables | 0.92% |
| Godrej Consumer Products | Consumer Non Durables | 0.92% |
| Marico | Consumer Non Durables | 0.92% |
| Tech Mahindra | Software | 0.87% |
| RBL Bank | Banks | 0.83% |
| Ambuja Cements | Cement | 0.77% |
| SRF | Textile Products | 0.75% |
| Grasim Industries | Cement | 0.72% |
| Adani Power | Power | 0.67% |
| UltraTech Cement | Cement | 0.67% |
| NTPC | Power | 0.66% |
| Jindal Steel & Power | Ferrous Metals | 0.66% |
| Cadila Healthcare | Pharmaceuticals | 0.65% |
| Dabur India | Consumer Non Durables | 0.61% |
| JSW Steel | Ferrous Metals | 0.58% |
| Mahindra & Mahindra | Auto | 0.58% |
| Oil & Natural Gas Corporation | Oil | 0.57% |
| Shriram Transport Finance Company | Finance | 0.56% |
| ACC | Cement | 0.55% |
| Power Finance Corporation | Finance | 0.53% |
| Aurobindo Pharma | Pharmaceuticals | 0.50% |
| Hindustan Petroleum Corporation | Petroleum Products | 0.49% |
| Bharti Airtel | Telecom - Services | 0.46% |
| M&M Financial Services | Finance | 0.43% |
| UPL | Pesticides | 0.42% |
| Petronet LNG | Gas | 0.42% |
| Hero MotoCorp | Auto | 0.42% |
| NCC | Construction Project | 0.41% |
| Vodafone Idea | Telecom - Services | 0.40% |
| United Breweries | Consumer Non Durables | 0.39% |
| Tata Chemicals | Chemicals | 0.39% |
| Coal India | Minerals/Mining | 0.37% |
| Asian Paints | Consumer Non Durables | 0.37% |
| Apollo Hospitals Enterprise | Healthcare Services | 0.36% |
| DLF | Construction | 0.36% |
| Escorts | Auto | 0.34% |
| Dr. Reddy's Laboratories | Pharmaceuticals | 0.34% |
| Tata Motors | Auto | 0.34% |
| Hindustan Zinc | Non - Ferrous Metals | 0.33% |
| NMDC | Minerals/Mining | 0.32% |
| Tata Steel | Ferrous Metals | 0.32% |
| Bajaj Auto | Auto | 0.31% |
| Wipro | Software | 0.31% |
| Canara Bank | Banks | 0.30% |
| United Spirits | Consumer Non Durables | 0.29% |
| Pidilite Industries | Chemicals | 0.28% |
| Exide Industries | Auto Ancillaries | 0.28% |
| Manappuram Finance | Finance | 0.28% |
| Muthoot Finance | Finance | 0.28% |
| Cipla | Pharmaceuticals | 0.27% |
| Name | Industries | % of NAV |
| Tata Motors | Auto | 0.26% |
| Mahanagar Gas | Gas | 0.26% |
| Motherson Sumi Systems | Auto Ancillaries | 0.25% |
| Adani Enterprises | Trading | 0.24% |
| Castrol India | Petroleum Products | 0.24% |
| Bharti Infratel | Telecom - Equipment & Accessories | 0.23% |
| Divi's Laboratories | Pharmaceuticals | 0.20% |
| Punjab National Bank | Banks | 0.20% |
| Union Bank of India | Banks | 0.20% |
| Equitas Holdings | Finance | 0.20% |
| Bank of Baroda | Banks | 0.19% |
| Berger Paints (I) | Consumer Non Durables | 0.19% |
| Adani Ports and Special Economic Zone | Transportation | 0.16% |
| Tata Global Beverages | Consumer Non Durables | 0.15% |
| Tata Power Company | Power | 0.15% |
| Power Grid Corporation of India | Power | 0.15% |
| Nestle India | Consumer Non Durables | 0.15% |
| Bharat Electronics | Industrial Capital Goods | 0.14% |
| Max Financial Services | Finance | 0.13% |
| Havells India | Consumer Durables | 0.13% |
| Hindalco Industries | Non - Ferrous Metals | 0.13% |
| Indian Oil Corporation | Petroleum Products | 0.13% |
| The Federal Bank | Banks | 0.13% |
| HCL Technologies | Software | 0.12% |
| Apollo Tyres | Auto Ancillaries | 0.12% |
| Bharat Heavy Electricals | Industrial Capital Goods | 0.12% |
| Kajaria Ceramics | Construction | 0.11% |
| Kotak Mahindra Bank | Banks | 0.11% |
| Dish TV India | Media & Entertainment | 0.11% |
| Bank of India | Banks | 0.10% |
| Shree Cement | Cement | 0.08% |
| Engineers India | Construction Project | 0.08% |
| GMR Infrastructure | Construction Project | 0.08% |
| MindTree | Software | 0.06% |
| Arvind | Textile Products | 0.06% |
| Oracle Financial Services Software | Software | 0.06% |
| Container Corporation of India | Transportation | 0.05% |
| Steel Authority of India | Ferrous Metals | 0.05% |
| Birlasoft | Software | 0.04% |
| NBCC (India) | Construction | 0.04% |
| LIC Housing Finance | Finance | 0.04% |
| Torrent Power | Power | 0.03% |
| Tata Elxsi | Software | 0.03% |
| Bosch | Auto Ancillaries | 0.02% |
| Century Textiles & Industries | Cement | 0.02% |
| Bata India | Consumer Durables | 0.02% |
| Siemens | Industrial Capital Goods | 0.02% |
| Raymond | Textile Products | 0.01% |
| Britannia Industries | Consumer Non Durables | 0.01% |
| Glenmark Pharmaceuticals | Pharmaceuticals | 0.01% |
| Ashok Leyland | Auto | 0.01% |
| Oil India | Oil | 0.01% |
| Lupin | Pharmaceuticals | 0.01% |
| Zee Entertainment Enterprises | Media & Entertainment | 0.01% |
| Bharat Forge | Industrial Products | 0.01% |
| CESC | Power | 0.003% |
| Colgate Palmolive (India) | Consumer Non Durables | 0.002% |
| Eicher Motors | Auto | 0.002% |
| The Ramco Cements | Cement | 0.002% |
| Total Hedged Equity | 68.36% | |
| Margin Fixed Deposit | 16.55% | |
| Commercial Paper | 3.19% | |
| Corporate Bond | 11.50% | |
| Certificate of Deposit | 1.22% | |
| Zero Coupon Bond | 0.09% | |
| Net Cash and Cash Equivalent | -0.92% | |
| Grand Total | 100.00% |
Past performance may or may not be sustained in future.Dividends are assumed to be reinvested and bonus is adjusted. Load is not taken into consideration. To illustrate the advantages of SIP investment, this is how your investment would have grown if you had invested say ₹10,000 systematically on the first business Day of every month over a period of time. Returns are calculated by using XIRR approach. XIRR helps in calculating return on investment given an initial and final value and a series of cash inflows and outflows with the correct allowance for the time impact of the transactions. Data as on 31st July 2019
| Banks | 14.33% |
| Consumer Non Durables | 8.50% |
| Finance | 7.73% |
| Software | 5.57% |
| Petroleum Products | 4.74% |
| Auto | 3.76% |
| Construction Project | 3.28% |
| Pharmaceuticals | 3.19% |
| Cement | 2.82% |
| Power | 1.66% |
| Gas | 1.63% |
| Ferrous Metals | 1.61% |
| Non - Ferrous Metals | 1.49% |
| Consumer Durables | 1.37% |
| Telecom - Services | 0.87% |
| Textile Products | 0.82% |
| Minerals/Mining | 0.70% |
| Auto Ancillaries | 0.67% |
| Chemicals | 0.67% |
| Oil | 0.58% |
| Construction | 0.51% |
| Pesticides | 0.42% |
| Healthcare Services | 0.36% |
| Industrial Capital Goods | 0.27% |
| Trading | 0.24% |
| Telecom - Equipment & Accessories | 0.23% |
| Transportation | 0.21% |
| Media & Entertainment | 0.11% |
| Industrial Products | 0.01% |
Performance based on NAV as on 31/07/2019. Past performance may or may not be sustained in future.
The performances given are of regular plan growth option.
Click here for other funds managed by the fund manager and refer to the respective fund pages
#Benchmark Returns. ##Alternate Benchmark Returns.
- To generate low volatility returns over short to medium term.
- Investments predominantly in arbitrage opportunities in the cash and derivative segments of the equity markets with balance exposure in debt and money market instruments.
* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc.
* Risk-free rate assumed to be 5.75% (FBIL OVERNIGHT MIBOR as on 31st July 2019). Ratios calculated on the basis of 3 years history of monthly data.
^Portfolio Turnover ratio is calculated as Lower of purchase or sale during the period / Average AUM for the last one year (includes Fixed Income securities and Equity derivatives).
$The benchmark has been changed from CRISIL Liquid Fund Index to Nifty 50 Arbitrage Index w.e.f. April 01, 2018.
