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
: ₹ 5,103.20 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.
: ₹ 5,451.28 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. | 0.36 |
| R Square | 0.27 |
| 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. | 0.44% |
| 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. | 0.46 |
| Portfolio Turnover | |
| Equity | 3.47 |
| Aggregate^ | 18.23 |
| Expense Ratio | |
| Regular | 1.04% |
| Direct | 0.35% |
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 | 23.6924 |
| Regular Plan | Monthly Dividend | 12.7474 |
| Regular Plan | Annual Dividend | 10.6238 |
| Name | Industries | % of NAV |
| HDFC | Finance | 4.59% |
| HDFC Bank | Banks | 3.75% |
| ITC | Consumer Non Durables | 3.36% |
| Reliance Industries | Petroleum Products | 2.95% |
| Sun Pharmaceutical Industries | Pharmaceuticals | 1.92% |
| Tata Consultancy Services | Software | 1.63% |
| State Bank of India | Banks | 1.48% |
| Larsen & Toubro | Construction Project | 1.41% |
| Axis Bank | Banks | 1.28% |
| Hindustan Unilever | Consumer Non Durables | 1.19% |
| NTPC | Power | 1.16% |
| Godrej Consumer Products | Consumer Non Durables | 1.05% |
| Cadila Healthcare | Pharmaceuticals | 1.03% |
| Marico | Consumer Non Durables | 1.00% |
| Oil & Natural Gas Corporation | Oil | 0.97% |
| Tata Chemicals | Chemicals | 0.93% |
| GAIL (India) | Gas | 0.90% |
| Ambuja Cements | Cement | 0.90% |
| Asian Paints | Consumer Non Durables | 0.88% |
| Bank of Baroda | Banks | 0.88% |
| Power Finance Corporation | Finance | 0.85% |
| Indian Oil Corporation | Petroleum Products | 0.81% |
| Adani Power | Power | 0.80% |
| Maruti Suzuki India | Auto | 0.80% |
| HCL Technologies | Software | 0.78% |
| Zee Entertainment Enterprises | Media & Entertainment | 0.77% |
| Tech Mahindra | Software | 0.77% |
| Canara Bank | Banks | 0.77% |
| Hero MotoCorp | Auto | 0.75% |
| NCC | Construction Project | 0.74% |
| JSW Steel | Ferrous Metals | 0.71% |
| ACC | Cement | 0.70% |
| SRF | Textile Products | 0.66% |
| UltraTech Cement | Cement | 0.66% |
| Aurobindo Pharma | Pharmaceuticals | 0.66% |
| Tata Motors | Auto | 0.63% |
| Bajaj Finance | Finance | 0.63% |
| Grasim Industries | Cement | 0.61% |
| Vodafone Idea | Telecom - Services | 0.60% |
| Shriram Transport Finance Company | Finance | 0.57% |
| Vedanta | Non - Ferrous Metals | 0.56% |
| Colgate Palmolive (India) | Consumer Non Durables | 0.56% |
| Jindal Steel & Power | Ferrous Metals | 0.56% |
| Bharti Airtel | Telecom - Services | 0.56% |
| United Breweries | Consumer Non Durables | 0.53% |
| Dabur India | Consumer Non Durables | 0.51% |
| Coal India | Minerals/Mining | 0.50% |
| Dr. Reddy's Laboratories | Pharmaceuticals | 0.47% |
| Hindalco Industries | Non - Ferrous Metals | 0.45% |
| DLF | Construction | 0.44% |
| Escorts | Auto | 0.43% |
| Glenmark Pharmaceuticals | Pharmaceuticals | 0.43% |
| Berger Paints (I) | Consumer Non Durables | 0.41% |
| Cipla | Pharmaceuticals | 0.41% |
| Manappuram Finance | Finance | 0.41% |
| Steel Authority of India | Ferrous Metals | 0.40% |
| Tata Motors DVR Shares | Auto | 0.39% |
| Adani Enterprises | Trading | 0.39% |
| Hindustan Zinc | Non - Ferrous Metals | 0.39% |
| Container Corporation of India | Transportation | 0.39% |
| Bharat Electronics | Industrial Capital Goods | 0.39% |
| Mahindra & Mahindra | Auto | 0.38% |
| Apollo Hospitals Enterprise | Healthcare Services | 0.38% |
| Engineers India | Construction Project | 0.37% |
| Bharat Heavy Electricals | Industrial Capital Goods | 0.36% |
| Tata Steel | Ferrous Metals | 0.36% |
| Petronet LNG | Gas | 0.35% |
| Bajaj Finserv | Finance | 0.35% |
| Union Bank of India | Banks | 0.35% |
| Exide Industries | Auto Ancillaries | 0.35% |
| Hindustan Petroleum Corporation | Petroleum Products | 0.35% |
| Name | Industries | % of NAV |
| Titan Company | Consumer Durables | 0.35% |
| Divi's Laboratories | Pharmaceuticals | 0.34% |
| Ashok Leyland | Auto | 0.33% |
| GMR Infrastructure | Construction Project | 0.32% |
| Muthoot Finance | Finance | 0.32% |
| Infosys | Software | 0.32% |
| Motherson Sumi Systems | Auto Ancillaries | 0.31% |
| Bharti Infratel | Telecom - Equipment & Accessories | 0.31% |
| UPL | Pesticides | 0.30% |
| Pidilite Industries | Chemicals | 0.30% |
| Punjab National Bank | Banks | 0.30% |
| Kajaria Ceramics | Construction | 0.28% |
| Bharat Petroleum Corporation | Petroleum Products | 0.28% |
| Castrol India | Petroleum Products | 0.27% |
| NMDC | Minerals/Mining | 0.26% |
| National Aluminium Company | Non - Ferrous Metals | 0.25% |
| Tata Power Company | Power | 0.24% |
| Indraprastha Gas | Gas | 0.24% |
| Equitas Holdings | Finance | 0.24% |
| Britannia Industries | Consumer Non Durables | 0.23% |
| Bank of India | Banks | 0.21% |
| M&M Financial Services | Finance | 0.20% |
| NBCC (India) | Construction | 0.17% |
| Biocon | Pharmaceuticals | 0.17% |
| Power Grid Corporation of India | Power | 0.16% |
| REC | Finance | 0.15% |
| Shree Cement | Cement | 0.13% |
| Dish TV India | Media & Entertainment | 0.12% |
| Oil India | Oil | 0.11% |
| Amara Raja Batteries | Auto Ancillaries | 0.09% |
| Havells India | Consumer Durables | 0.09% |
| Eicher Motors | Auto | 0.09% |
| Max Financial Services | Finance | 0.08% |
| MRF | Auto Ancillaries | 0.08% |
| ICICI Bank | Banks | 0.08% |
| Arvind | Textile Products | 0.06% |
| Bajaj Auto | Auto | 0.06% |
| Oracle Financial Services Software | Software | 0.06% |
| Sun TV Network | Media & Entertainment | 0.05% |
| Mahanagar Gas | Gas | 0.05% |
| Birlasoft | Software | 0.05% |
| Raymond | Textile Products | 0.05% |
| Bharat Forge | Industrial Products | 0.05% |
| LIC Housing Finance | Finance | 0.04% |
| Adani Ports and Special Economic Zone | Transportation | 0.04% |
| Wipro | Software | 0.04% |
| Century Textiles & Industries | Cement | 0.03% |
| Piramal Enterprises | Pharmaceuticals | 0.03% |
| Lupin | Pharmaceuticals | 0.03% |
| Kotak Mahindra Bank | Banks | 0.03% |
| Nestle India | Consumer Non Durables | 0.02% |
| Bosch | Auto Ancillaries | 0.02% |
| CESC | Power | 0.02% |
| InterGlobe Aviation | Transportation | 0.02% |
| PVR | Media & Entertainment | 0.02% |
| Tata Elxsi | Software | 0.02% |
| L&T Finance Holdings | Finance | 0.01% |
| United Spirits | Consumer Non Durables | 0.01% |
| Balkrishna Industries | Auto Ancillaries | 0.01% |
| Siemens | Industrial Capital Goods | 0.004% |
| IDBI Bank | Banks | 0.004% |
| The Ramco Cements | Cement | 0.004% |
| Tata Global Beverages | Consumer Non Durables | 0.003% |
| Total Hedged Equity | 69.27% | |
| Margin Fixed Deposit | 18.31% | |
| Commercial Paper | 0.35% | |
| Corporate Bond | 11.62% | |
| Certificate of Deposit | 0.27% | |
| Zero Coupon Bond | 0.02% | |
| Net Cash and Cash Equivalent | 0.17% | |
| 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 28th June 2019
| Consumer Non Durables | 9.74% |
| Banks | 9.12% |
| Finance | 8.46% |
| Pharmaceuticals | 5.50% |
| Petroleum Products | 4.66% |
| Auto | 3.86% |
| Software | 3.66% |
| Cement | 3.03% |
| Construction Project | 2.84% |
| Power | 2.38% |
| Ferrous Metals | 2.03% |
| Non - Ferrous Metals | 1.65% |
| Gas | 1.54% |
| Chemicals | 1.24% |
| Telecom - Services | 1.16% |
| Oil | 1.08% |
| Media & Entertainment | 0.97% |
| Construction | 0.90% |
| Auto Ancillaries | 0.86% |
| Textile Products | 0.78% |
| Minerals/Mining | 0.77% |
| Industrial Capital Goods | 0.75% |
| Transportation | 0.45% |
| Consumer Durables | 0.43% |
| Trading | 0.39% |
| Healthcare Services | 0.38% |
| Telecom - Equipment & Accessories | 0.31% |
| Pesticides | 0.30% |
| Industrial Products | 0.05% |
Performance based on NAV as on 28/06/2019. 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 5.97% (FBIL OVERNIGHT MIBOR as on 28th June 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.
