IDFC Equity Savings Fund
(previously known as IDFC Arbitrage Plus Fund$$)
An open ended scheme investing in equity, arbitrage and debt
IDFC Equity Savings Fund
(previously known as IDFC Arbitrage Plus Fund$$)
An open ended scheme investing in equity, arbitrage and debt
|
|
|
|
|
|
Category: Equity Savings
: ₹ 76.52 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.
: ₹ 77.35 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. | 0.49 |
| R Square | 0.77 |
| 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. | 3.11% |
| 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. | -0.08 |
| Modified Duration | 325 days |
| Average Maturity | 325 days |
| Yield to Maturity | 7.72% |
| Portfolio Turnover | |
| Equity | 0.92 |
| Aggregate^ | 14.25 |
| Expense Ratio | |
| Regular | 2.17% |
| Direct | 1.32% |
SIP (Minimum Amount): ₹ 100/- (Minimum 6 instalments)
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 : ₹ 5,000/- 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.
- For 10% of investment : Nil
- For remaining investment: 1% if redeemed/ switched out within 1 (one) year from the date of allotment
NAV (₹)
| Regular Plan | Growth | 20.44 |
| Regular Plan | Monthly Dividend | 12.76 |
| Regular Plan | Annual Dividend | 10.61 |
| Regular Plan | Quarterly | 10.56 |
| Name | Industries | % of NAV |
| Sun Pharmaceutical | Industries Pharmaceuticals | 4.11% |
| Larsen & Toubro | Construction Project | 3.86% |
| ICICI Bank | Banks | 3.73% |
| Aurobindo Pharma | Pharmaceuticals | 3.65% |
| HDFC Bank | Banks | 3.56% |
| State Bank of India | Banks | 3.19% |
| Infosys | Software | 3.09% |
| HDFC | Finance | 2.54% |
| Maruti Suzuki India | Auto | 2.33% |
| Bharti Airtel | Telecom - Services | 2.13% |
| Tata Global Beverages | Consumer Non Durables | 2.06% |
| Cadila Healthcare | Pharmaceuticals | 1.78% |
| Reliance Industries | Petroleum Products | 1.72% |
| Raymond | Textile Products | 1.71% |
| Axis Bank | Banks | 1.67% |
| IRB Infrastructure Developers | Construction | 1.43% |
| Dr. Reddy's Laboratories | Pharmaceuticals | 1.21% |
| ITC | Consumer Non Durables | 1.15% |
| Sundaram Finance | Finance | 1.10% |
| NTPC | Power | 1.05% |
| InterGlobe Aviation | Transportation | 1.04% |
| GAIL (India) | Gas | 1.03% |
| Vedanta | Non - Ferrous Metals | 1.00% |
| Tech Mahindra | Software | 0.98% |
| UltraTech Cement | Cement | 0.92% |
| Exide Industries | Auto Ancillaries | 0.91% |
| DLF | Construction | 0.90% |
| Hero MotoCorp | Auto | 0.87% |
| Godrej Consumer Products | Consumer Non Durables | 0.80% |
| Bajaj Finserv | Finance | 0.79% |
| Coromandel International | Fertilisers | 0.77% |
| M&M Financial Services | Finance | 0.76% |
| Name | Industries | % of NAV |
| PNC Infratech | Construction | 0.76% |
| Adani Ports and Special Economic Zone | Transportation | 0.75% |
| Hindalco Industries | Non - Ferrous Metals | 0.74% |
| MRF | Auto Ancillaries | 0.71% |
| Arvind | Textile Products | 0.69% |
| Tata Chemicals | Chemicals | 0.65% |
| Natco Pharma | Pharmaceuticals | 0.65% |
| NBCC (India) | Construction | 0.65% |
| Crompton Greaves Consumer Electricals | Consumer Durables | 0.62% |
| Cummins India | Industrial Products | 0.61% |
| ICICI Prudential Life Insurance Company | Finance | 0.60% |
| Container Corporation of India | Transportation | 0.60% |
| Taj GVK Hotels & Resorts | Hotels, Resorts And Other Recreational Activities | 0.59% |
| Future Retail | Retailing | 0.58% |
| Tata Consultancy Services | Software | 0.57% |
| Ashok Leyland | Auto | 0.55% |
| JK Cement | Cement | 0.54% |
| Gujarat State Petronet | Gas | 0.50% |
| KPIT Technologies | Software | 0.31% |
| Colgate Palmolive (India) | Consumer Non Durables | 0.31% |
| Birlasoft | Software | 0.31% |
| UPL | Pesticides | 0.23% |
| Hindustan Petroleum Corporation | Petroleum Products | 0.18% |
| Oracle Financial Services Software | Software | 0.13% |
| Total Hedged Equity | 70.71% | |
| Margin Fixed Deposit | 16.16% | |
| Corporate Bond | 6.56% | |
| Net Cash and Cash Equivalent | 6.57% | |
| 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
| Banks | 12.15% |
| Pharmaceuticals | 11.41% |
| Finance | 5.80% |
| Software | 5.40% |
| Consumer Non Durables | 4.32% |
| Construction Project | 3.86% |
| Auto | 3.75% |
| Construction | 3.74% |
| Textile Products | 2.41% |
| Transportation | 2.39% |
| Telecom - Services | 2.13% |
| Petroleum Products | 1.90% |
| Non - Ferrous Metals | 1.74% |
| Auto Ancillaries | 1.62% |
| Gas | 1.53% |
| Cement | 1.46% |
| Power | 1.05% |
| Fertilisers | 0.77% |
| Chemicals | 0.65% |
| Consumer Durables | 0.62% |
| Industrial Products | 0.61% |
| Hotels, Resorts And Other Recreational Activities | 0.59% |
| Retailing | 0.58% |
| Pesticides | 0.23% |
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 long term capital growth and income.
- Investment predominantly in Equity and Equity related securities (including arbitrage and other derivative strategies) as well as Fixed Income securities.
* 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 fund has been repositioned from an arbitrage fund to an equity savings fund w.e.f. April 30, 2018.
Current Index performance adjusted for the period from since inception to April 30, 2018 with the performance of CRISIL Liquid Fund Index (Benchmark)
$$ For details please refer Notice (https://www.idfcmf.com/uploads/270320181148IDFC-Arbitrage-Plus-Fund-Notice.pdf)
