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
: ₹ 4,098.21 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.
: ₹ 4,642.56 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. | 0.35 |
| R Square | 0.29 |
| 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. | 0.43% |
| 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. | 0.65 |
| Portfolio Turnover | |
| Equity | 3.78 |
| Aggregate^ | 18.55 |
| Expense Ratio | |
| Regular | 1.01% |
| 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 | 23.6256 |
| Regular Plan | Monthly Dividend | 12.7807 |
| Regular Plan | Annual Dividend | 10.5939 |
| Name | Industries | % of NAV |
| HDFC | Finance | 4.84% |
| HDFC Bank | Banks | 3.16% |
| Reliance Industries | Petroleum Products | 3.15% |
| Sun Pharmaceutical Industries | Pharmaceuticals | 2.07% |
| ITC | Consumer Non Durables | 1.65% |
| Ambuja Cements | Cement | 1.63% |
| Tata Consultancy Services | Software | 1.62% |
| DLF | Construction | 1.28% |
| Tata Chemicals | Chemicals | 1.24% |
| Godrej Consumer Products | Consumer Non Durables | 1.23% |
| Larsen & Toubro | Construction Project | 1.20% |
| Marico | Consumer Non Durables | 1.15% |
| Indian Oil Corporation | Petroleum Products | 1.07% |
| NTPC | Power | 0.97% |
| Adani Power | Power | 0.92% |
| NCC | Construction Project | 0.87% |
| Canara Bank | Banks | 0.83% |
| Tata Global Beverages | Consumer Non Durables | 0.82% |
| Hindustan Unilever | Consumer Non Durables | 0.81% |
| The Federal Bank | Banks | 0.81% |
| Vodafone Idea | Telecom - Services | 0.79% |
| Zee Entertainment Enterprises | Media & Entertainment | 0.76% |
| Axis Bank | Banks | 0.74% |
| SRF | Textile Products | 0.73% |
| Dabur India | Consumer Non Durables | 0.64% |
| Motherson Sumi Systems | Auto Ancillaries | 0.62% |
| United Breweries | Consumer Non Durables | 0.61% |
| Oil & Natural Gas Corporation | Oil | 0.59% |
| Cadila Healthcare | Pharmaceuticals | 0.59% |
| Berger Paints (I) | Consumer Non Durables | 0.58% |
| Colgate Palmolive (India) | Consumer Non Durables | 0.56% |
| Dr. Reddy's Laboratories | Pharmaceuticals | 0.54% |
| Grasim Industries | Cement | 0.49% |
| ACC | Cement | 0.48% |
| Tata Motors DVR Shares | Auto | 0.45% |
| Equitas Holdings | Finance | 0.45% |
| Union Bank of India | Banks | 0.45% |
| Container Corporation of India | Transportation | 0.45% |
| State Bank of India | Banks | 0.45% |
| Hero MotoCorp | Auto | 0.44% |
| Aurobindo Pharma | Pharmaceuticals | 0.44% |
| Bharat Petroleum Corporation | Petroleum Products | 0.44% |
| UPL | Pesticides | 0.43% |
| GMR Infrastructure | Construction Project | 0.42% |
| Bajaj Finance | Finance | 0.42% |
| Engineers India | Construction Project | 0.41% |
| Piramal Enterprises | Pharmaceuticals | 0.38% |
| The South Indian Bank | Banks | 0.38% |
| Adani Enterprises | Trading | 0.38% |
| JSW Steel | Ferrous Metals | 0.37% |
| Bajaj Finserv | Finance | 0.37% |
| Bharat Electronics | Industrial Capital Goods | 0.37% |
| Cipla | Pharmaceuticals | 0.36% |
| Bharat Financial Inclusion | Finance | 0.36% |
| Exide Industries | Auto Ancillaries | 0.36% |
| Power Finance Corporation | Finance | 0.34% |
| Petronet LNG | Gas | 0.34% |
| Kajaria Ceramics | Construction | 0.34% |
| Muthoot Finance | Finance | 0.32% |
| Steel Authority of India | Ferrous Metals | 0.32% |
| Escorts | Auto | 0.31% |
| TV 18 Broadcast | Media & Entertainment | 0.31% |
| Godrej Industries | Consumer Non Durables | 0.30% |
| Amara Raja Batteries | Auto Ancillaries | 0.30% |
| Biocon | Pharmaceuticals | 0.29% |
| Punjab National Bank | Banks | 0.28% |
| NMDC | Minerals/Mining | 0.27% |
| Tata Power Company | Power | 0.27% |
| Oil India | Oil | 0.27% |
| The India Cements | Cement | 0.27% |
| Hindustan Zinc | Non - Ferrous Metals | 0.26% |
| Divi's Laboratories | Pharmaceuticals | 0.26% |
| HCL Technologies | Software | 0.26% |
| Hindalco Industries | Non - Ferrous Metals | 0.25% |
| Tata Communications | Telecom - Services | 0.24% |
| Lupin | Pharmaceuticals | 0.23% |
| Balkrishna Industries | Auto Ancillaries | 0.23% |
| Tata Steel | Ferrous Metals | 0.23% |
| CESC | Power | 0.22% |
| Castrol India | Petroleum Products | 0.21% |
| UltraTech Cement | Cement | 0.21% |
| Maruti Suzuki India | Auto | 0.21% |
| Bank of Baroda | Banks | 0.21% |
| Ashok Leyland | Auto | 0.21% |
| Name | Industries | % of NAV |
| Bharat Heavy Electricals | Industrial Capital Goods | 0.20% |
| Mahanagar Gas | Gas | 0.20% |
| InterGlobe Aviation | Transportation | 0.20% |
| Pidilite Industries | Chemicals | 0.19% |
| National Aluminium Company | Non - Ferrous Metals | 0.19% |
| Coal India | Minerals/Mining | 0.19% |
| REC | Finance | 0.18% |
| Mahindra & Mahindra | Auto | 0.18% |
| Bank of India | Banks | 0.18% |
| CEAT | Auto Ancillaries | 0.18% |
| IndusInd Bank | Banks | 0.18% |
| MRF | Auto Ancillaries | 0.17% |
| Power Grid Corporation of India | Power | 0.17% |
| L&T Finance Holdings | Finance | 0.17% |
| Gujarat State Fertilizers & Chemicals | Fertilisers | 0.15% |
| Shree Cement | Cement | 0.15% |
| Tata Motors | Auto | 0.15% |
| Shriram Transport Finance Company | Finance | 0.14% |
| Asian Paints | Consumer Non Durables | 0.14% |
| Tech Mahindra | Software | 0.14% |
| Eicher Motors | Auto | 0.14% |
| Arvind | Textile Products | 0.14% |
| Vedanta | Non - Ferrous Metals | 0.14% |
| Bharti Airtel | Telecom - Services | 0.13% |
| GAIL (India) | Gas | 0.13% |
| Yes Bank | Banks | 0.13% |
| Indian Bank | Banks | 0.11% |
| Godfrey Phillips India | Consumer Non Durables | 0.11% |
| Jubilant Foodworks | Consumer Non Durables | 0.11% |
| Can Fin Homes | Finance | 0.10% |
| NBCC (India) | Construction | 0.10% |
| Max Financial Services | Finance | 0.10% |
| Hindustan Petroleum Corporation | Petroleum Products | 0.10% |
| Century Textiles & Industries | Cement | 0.10% |
| Reliance Powe | r Power | 0.10% |
| Manappuram Finance | Finance | 0.09% |
| Infosys | Software | 0.09% |
| Torrent Pharmaceuticals | Pharmaceuticals | 0.09% |
| Tata Elxsi | Software | 0.08% |
| Jindal Steel & Power | Ferrous Metals | 0.08% |
| Bharat Forge | Industrial Products | 0.07% |
| IDBI Bank | Banks | 0.07% |
| BEML | Industrial Capital Goods | 0.07% |
| Adani Ports and Special Economic Zone | Transportation | 0.07% |
| TVS Motor Company | Auto | 0.07% |
| Birlasoft | Software | 0.06% |
| Jain Irrigation Systems | Industrial Products | 0.06% |
| M&M Financial Services | Finance | 0.06% |
| United Spirits | Consumer Non Durables | 0.05% |
| Ajanta Pharma | Pharmaceuticals | 0.05% |
| IRB Infrastructure Developers | Construction | 0.05% |
| CG Power and Industrial Solutions | Industrial Capital Goods | 0.05% |
| The Ramco Cements | Cement | 0.05% |
| Britannia Industries | Consumer Non Durables | 0.04% |
| Syndicate Bank | Banks | 0.04% |
| Oracle Financial Services Software | Software | 0.04% |
| Chennai Petroleum Corporation | Petroleum Products | 0.04% |
| NHPC | Power | 0.03% |
| Nestle India | Consumer Non Durables | 0.03% |
| The Karnataka Bank | Banks | 0.02% |
| Dish TV India | Media & Entertainment | 0.02% |
| Raymond | Textile Products | 0.02% |
| Bosch | Auto Ancillaries | 0.02% |
| Glenmark Pharmaceuticals | Pharmaceuticals | 0.02% |
| Mangalore Refinery and Petrochemicals | Petroleum Products | 0.01% |
| Indraprastha Gas | Gas | 0.01% |
| LIC Housing Finance | Finance | 0.01% |
| ICICI Prudential Life Insurance Company | Finance | 0.01% |
| Sun TV Network | Media & Entertainment | 0.01% |
| Bharti Infratel | Telecom - Equipment & Accessories | 0.01% |
| IFCI | Finance | 0.01% |
| Siemens | Industrial Capital Goods | 0.003% |
| Wockhardt | Pharmaceuticals | 0.002% |
| Titan Company | Consumer Durables | 0.002% |
| Total Hedged Equity | 63.19% | |
| Margin Fixed Deposit | 19.35% | |
| Commercial Paper | 0.72% | |
| Corporate Bond | 10.70% | |
| Certificate of Deposit | 0.21% | |
| Zero Coupon Bond | 4.32% | |
| Net Cash and Cash Equivalent | 1.52% | |
| 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 May 2019
| Consumer Non Durables | 8.84% |
| Banks | 8.02% |
| Finance | 7.98% |
| Pharmaceuticals | 5.32% |
| Petroleum Products | 5.01% |
| Cement | 3.37% |
| Construction Project | 2.91% |
| Power | 2.68% |
| Software | 2.29% |
| Auto | 2.17% |
| Auto Ancillaries | 1.88% |
| Construction | 1.77% |
| Chemicals | 1.43% |
| Telecom - Services | 1.16% |
| Media & Entertainment | 1.10% |
| Ferrous Metals | 0.99% |
| Textile Products | 0.88% |
| Oil | 0.86% |
| Non - Ferrous Metals | 0.84% |
| Transportation | 0.72% |
| Industrial Capital Goods | 0.70% |
| Gas | 0.68% |
| Minerals/Mining | 0.47% |
| Pesticides | 0.43% |
| Trading | 0.38% |
| Fertilisers | 0.15% |
| Industrial Products | 0.13% |
| Telecom - Equipment & Accessories | 0.01% |
| Consumer Durables | 0.002% |
Performance based on NAV as on 31/05/2019. 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 6.00% (FBIL OVERNIGHT MIBOR as on 31st May 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.
