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
: ₹ 11,268.80 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.
: ₹ 11,702.54 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. | 0.42 |
| 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. | 0.49% |
| 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. | 1.69 |
| Portfolio Turnover | |
| Equity | 2.63 |
| Aggregate^ | 16.35 |
| Expense Ratio | |
| Regular | 1.09% |
| Direct | 0.39% |
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 | 24.2834 |
| Regular Plan | Monthly Dividend | 12.7639 |
| Regular Plan | Annual Dividend | 10.8889 |
| Name | Industries | % of NAV |
| Bajaj Finance | Finance | 3.98% |
| Reliance Industries | Petroleum Products | 3.77% |
| Axis Bank | Banks | 3.15% |
| HDFC | Finance | 3.03% |
| Infosys | Software | 2.90% |
| Larsen & Toubro | Construction Project | 2.67% |
| Tata Consultancy Services | Software | 2.60% |
| State Bank of India | Banks | 2.05% |
| Asian Paints | Consumer Non Durables | 1.94% |
| ITC | Consumer Non Durables | 1.92% |
| Sun Pharmaceutical Industries | Pharmaceuticals | 1.90% |
| Adani Ports and Special Economic Zone | Transportation | 1.79% |
| Bajaj Finserv | Finance | 1.79% |
| Maruti Suzuki India | Auto | 1.58% |
| Grasim Industries | Cement | 1.56% |
| Bharti Airtel | Telecom - Services | 1.42% |
| Bharat Petroleum Corporation | Petroleum Products | 1.40% |
| HDFC Bank | Banks | 1.34% |
| Mahindra & Mahindra | Auto | 1.09% |
| Vedanta | Non - Ferrous Metals | 1.01% |
| Petronet LNG | Gas | 0.90% |
| Tata Global Beverages | Consumer Non Durables | 0.90% |
| GAIL (India) | Gas | 0.85% |
| UPL | Pesticides | 0.81% |
| Marico | Consumer Non Durables | 0.80% |
| Tech Mahindra | Software | 0.79% |
| ACC | Cement | 0.78% |
| UltraTech Cement | Cement | 0.72% |
| Container Corporation of India | Transportation | 0.70% |
| Hero MotoCorp | Auto | 0.68% |
| Titan Company | Consumer Durables | 0.68% |
| Dr. Reddy's Laboratories | Pharmaceuticals | 0.67% |
| Max Financial Services | Finance | 0.66% |
| Power Grid Corporation of India | Power | 0.59% |
| Tata Motors | Auto | 0.56% |
| Dabur India | Consumer Non Durables | 0.55% |
| JSW Steel | Ferrous Metals | 0.54% |
| United Breweries | Consumer Non Durables | 0.51% |
| Punjab National Bank | Banks | 0.50% |
| The Federal Bank | Banks | 0.46% |
| Jindal Steel & Power | Ferrous Metals | 0.45% |
| Muthoot Finance | Finance | 0.44% |
| Apollo Hospitals Enterprise | HealthServices | 0.43% |
| IndusInd Bank | Banks | 0.43% |
| Power Finance Corporation | Finance | 0.41% |
| Shree Cement | Cement | 0.41% |
| Mahanagar Gas | Gas | 0.40% |
| Bank of Baroda | Banks | 0.40% |
| Adani Enterprises | Trading | 0.38% |
| M&M Financial Services | Finance | 0.36% |
| Tata Power Company | Power | 0.35% |
| Manappuram Finance | Finance | 0.35% |
| Bajaj Auto | Auto | 0.34% |
| Pidilite Industries | Chemicals | 0.34% |
| Hindustan Petroleum Corporation | Petroleum Products | 0.34% |
| Wipro | Software | 0.33% |
| Havells India | Consumer Durables | 0.31% |
| Aurobindo Pharma | Pharmaceuticals | 0.30% |
| Cadila Health | Pharmaceuticals | 0.30% |
| Adani Power | Power | 0.30% |
| NTPC | Power | 0.30% |
| L&T Finance Holdings | Finance | 0.27% |
| Tata Motors DVR Shares | Auto | 0.27% |
| Escorts | Auto | 0.24% |
| Tata Chemicals | Chemicals | 0.23% |
| Name | Industries | % of NAV |
| United Spirits | Consumer Non Durables | 0.21% |
| NMDC | Minerals/Mining | 0.21% |
| NCC | Construction Project | 0.19% |
| Exide Industries | Auto Ancillaries | 0.19% |
| Tata Steel | Ferrous Metals | 0.18% |
| Voltas | Consumer Durables | 0.17% |
| HCL Technologies | Software | 0.17% |
| Shriram Transport Finance Company | Finance | 0.17% |
| Ujjivan Financial Services | Finance | 0.17% |
| Just Dial | Software | 0.16% |
| Lupin | Pharmaceuticals | 0.15% |
| Union Bank of India | Banks | 0.15% |
| LIC Housing Finance | Finance | 0.15% |
| PVR | Media & Entertainment | 0.14% |
| REC | Finance | 0.14% |
| Oil India | Oil | 0.13% |
| Eicher Motors | Auto | 0.12% |
| Hindustan Unilever | Consumer Non Durables | 0.12% |
| NBCC (India) | Construction | 0.11% |
| Steel Authority of India | Ferrous Metals | 0.11% |
| Nestle India | Consumer Non Durables | 0.11% |
| Colgate Palmolive (India) | Consumer Non Durables | 0.10% |
| MindTree | Software | 0.10% |
| Castrol India | Petroleum Products | 0.10% |
| Equitas Holdings | Finance | 0.10% |
| CESC | Power | 0.09% |
| Divi's Laboratories | Pharmaceuticals | 0.08% |
| SRF | Textile Products | 0.08% |
| Cummins India | Industrial Products | 0.08% |
| Century Textiles & Industries | Paper | 0.07% |
| Zee Entertainment Enterprises | Media & Entertainment | 0.07% |
| Bharat Electronics | Industrial Capital Goods | 0.07% |
| InterGlobe Aviation | Transportation | 0.07% |
| Motherson Sumi Systems | Auto Ancillaries | 0.06% |
| Torrent Power | Power | 0.06% |
| Hindalco Industries | Non - Ferrous Metals | 0.06% |
| Britannia Industries | Consumer Non Durables | 0.06% |
| Ambuja Cements | Cement | 0.06% |
| Bata India | Consumer Durables | 0.05% |
| DLF | Construction | 0.05% |
| Godrej Consumer Products | Consumer Non Durables | 0.05% |
| Tata Elxsi | Software | 0.05% |
| Vodafone Idea | Telecom - Services | 0.05% |
| Bharat Heavy Electricals | Industrial Capital Goods | 0.04% |
| Canara Bank | Banks | 0.04% |
| Amara Raja Batteries | Auto Ancillaries | 0.04% |
| GMR Infrastructure | Construction Project | 0.04% |
| Cipla | Pharmaceuticals | 0.03% |
| Hexaware Technologies | Software | 0.03% |
| Sun TV Network | Media & Entertainment | 0.02% |
| The Ramco Cements | Cement | 0.02% |
| Kotak Mahindra Bank | Banks | 0.01% |
| MRF | Auto Ancillaries | 0.01% |
| Indraprastha Gas | Gas | 0.01% |
| Glenmark Pharmaceuticals | Pharmaceuticals | 0.004% |
| ICICI Bank | Banks | 0.004% |
| Torrent Pharmaceuticals | Pharmaceuticals | 0.002% |
| Total Hedged Equity | 70.35% | |
| Margin Fixed Deposit | 19.24% | |
| Corporate Bond | 11.70% | |
| Certificate of Deposit | 0.33% | |
| Zero Coupon Bond | 0.06% | |
| Net Cash and Cash Equivalent | -1.68% | |
| 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 29th November 2019
| Finance | 12.00% |
| Banks | 8.54% |
| Consumer Non Durables | 7.27% |
| Software | 7.14% |
| Petroleum Products | 5.60% |
| Auto | 4.89% |
| Cement | 3.55% |
| Pharmaceuticals | 3.45% |
| Construction Project | 2.90% |
| Transportation | 2.56% |
| Gas | 2.17% |
| Power | 1.69% |
| Telecom - Services | 1.47% |
| Ferrous Metals | 1.28% |
| Consumer Durables | 1.22% |
| Non - Ferrous Metals | 1.07% |
| Pesticides | 0.81% |
| Chemicals | 0.56% |
| HealthServices | 0.43% |
| Trading | 0.38% |
| Auto Ancillaries | 0.30% |
| Media & Entertainment | 0.24% |
| Minerals/Mining | 0.21% |
| Construction | 0.17% |
| Oil | 0.13% |
| Industrial Capital Goods | 0.11% |
| Textile Products | 0.08% |
| Industrial Products | 0.08% |
| Paper | 0.07% |
Performance based on NAV as on 29/11/2019. 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 5.25% (FBIL OVERNIGHT MIBOR as on 29th November 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.
