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
: ₹ 3,414.19 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.
: ₹ 3,625.80 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.
:
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. | 0.31 |
| R Square | 0.25 |
| 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. | 0.40% |
| 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. | -0.09 |
| Portfolio Turnover | |
| Equity | 3.93 |
| Aggregate^ | 18.35 |
| 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 | 23.4421 |
| Regular Plan | Monthly Dividend | 12.7555 |
| Regular Plan | Annual Dividend | 10.5116 |
| Name | Industries | % of NAV |
| HDFC | Finance | 4.83% |
| Reliance Industries | Petroleum Products | 3.79% |
| Sun Pharmaceutical Industries | Pharmaceuticals | 3.37% |
| Infosys | Software | 2.73% |
| HDFC Bank | Banks | 1.85% |
| Ambuja Cements | Cement | 1.79% |
| Aurobindo Pharma | Pharmaceuticals | 1.78% |
| Bharat Financial Inclusion | Finance | 1.64% |
| Godrej Consumer Products | Consumer Non Durables | 1.63% |
| Hindustan Unilever | Consumer Non Durables | 1.49% |
| The Federal Bank | Banks | 1.23% |
| NCC | Construction Project | 1.13% |
| Maruti Suzuki India | Auto | 1.12% |
| Jubilant Foodworks | Consumer Non Durables | 1.11% |
| Tata Global Beverages | Consumer Non Durables | 1.08% |
| NTPC | Power | 1.07% |
| UPL | Pesticides | 1.06% |
| Adani Power | Power | 1.05% |
| Marico | Consumer Non Durables | 1.01% |
| ITC | Consumer Non Durables | 1.00% |
| Dabur India | Consumer Non Durables | 0.98% |
| UltraTech Cement | Cement | 0.97% |
| Canara Bank | Banks | 0.91% |
| Larsen & Toubro | Construction Project | 0.85% |
| Tata Consultancy Services | Software | 0.80% |
| HCL Technologies | Software | 0.79% |
| Jindal Steel & Power | Ferrous Metals | 0.77% |
| Dr. Reddy's Laboratories | Pharmaceuticals | 0.73% |
| Tata Chemicals | Chemicals | 0.67% |
| Bharat Petroleum Corporation | Petroleum Products | 0.62% |
| Union Bank of India | Banks | 0.59% |
| Tata Motors DVR Shares | Auto | 0.58% |
| Divi's Laboratories | Pharmaceuticals | 0.57% |
| Cadila Healthcare | Pharmaceuticals | 0.56% |
| DLF | Construction | 0.55% |
| GMR Infrastructure | Construction Project | 0.55% |
| MRF | Auto Ancillaries | 0.54% |
| Titan Company | Consumer Durables | 0.54% |
| Havells India | Consumer Durables | 0.54% |
| The South Indian Bank | Banks | 0.54% |
| State Bank of India | Banks | 0.53% |
| Axis Bank | Banks | 0.52% |
| Zee Entertainment Enterprises | Media & Entertainment | 0.52% |
| Equitas Holdings | Finance | 0.51% |
| Container Corporation of India | Transportation | 0.49% |
| Cipla | Pharmaceuticals | 0.48% |
| ACC | Cement | 0.45% |
| TV 18 Broadcast | Media & Entertainment | 0.45% |
| MindTree | Software | 0.42% |
| Hero MotoCorp | Auto | 0.39% |
| Apollo Tyres | Auto Ancillaries | 0.37% |
| Biocon | Pharmaceuticals | 0.37% |
| Vedanta | Non - Ferrous Metals | 0.36% |
| Adani Enterprises | Trading | 0.36% |
| Exide Industries | Auto Ancillaries | 0.36% |
| Hindalco Industries | Non - Ferrous Metals | 0.34% |
| Ashok Leyland | Auto | 0.30% |
| Kajaria Ceramics | Construction | 0.30% |
| Bharat Electronics | Industrial Capital Goods | 0.29% |
| Tata Communications | Telecom - Services | 0.29% |
| Punjab National Bank | Banks | 0.28% |
| Steel Authority of India | Ferrous Metals | 0.26% |
| Mahindra & Mahindra | Auto | 0.26% |
| Tata Motors | Auto | 0.25% |
| Engineers India | Construction Project | 0.23% |
| Grasim Industries | Cement | 0.23% |
| Bharat Heavy Electricals | Industrial Capital Goods | 0.23% |
| Tata Power Company | Power | 0.23% |
| LIC Housing Finance | Finance | 0.22% |
| CG Power and Industrial Solutions | Industrial Capital Goods | 0.22% |
| Yes Bank | Banks | 0.22% |
| Castrol India | Petroleum Products | 0.21% |
| Bharat Forge | Industrial Products | 0.21% |
| Indian Oil Corporation | Petroleum Products | 0.21% |
| The India Cements | Cement | 0.21% |
| United Breweries | Consumer Non Durables | 0.18% |
| Lupin | Pharmaceuticals | 0.18% |
| Bosch | Auto Ancillaries | 0.18% |
| BEML | Industrial Capital Goods | 0.17% |
| Gujarat State Fertilizers & Chemicals | Fertilisers | 0.17% |
| Name | Industries | % of NAV |
| National Aluminium Company | Non - Ferrous Metals | 0.16% |
| Power Grid Corporation of India | Power | 0.16% |
| CESC | Power | 0.16% |
| Petronet LNG | Gas | 0.15% |
| Hindustan Petroleum Corporation | Petroleum Products | 0.15% |
| L&T Finance Holdings | Finance | 0.14% |
| Mahanagar Gas | Gas | 0.13% |
| Apollo Hospitals Enterprise | Healthcare Services | 0.13% |
| Sun TV Network | Media & Entertainment | 0.12% |
| M&M Financial Services | Finance | 0.11% |
| Torrent Power | Power | 0.10% |
| The Ramco Cements | Cement | 0.10% |
| Reliance Power | Power | 0.10% |
| IDBI Bank | Banks | 0.10% |
| Tata Elxsi | Software | 0.10% |
| ICICI Prudential Life Insurance Company | Finance | 0.10% |
| Bajaj Finance | Finance | 0.10% |
| Torrent Pharmaceuticals | Pharmaceuticals | 0.09% |
| Bank of India | Banks | 0.09% |
| JSW Steel Ferrous | Metals | 0.09% |
| Jain Irrigation Systems | Industrial Products | 0.08% |
| Tata Steel | Ferrous Metals | 0.08% |
| DCB Bank | Banks | 0.08% |
| Mangalore Refinery and Petrochemicals | Petroleum Products | 0.07% |
| Can Fin Homes | Finance | 0.06% |
| Syndicate Bank | Banks | 0.06% |
| REC | Finance | 0.06% |
| Shree Cement | Cement | 0.06% |
| IRB Infrastructure Developers | Construction | 0.06% |
| Adani Ports and Special Economic Zone | Transportation | 0.05% |
| NMDC | Minerals/Mining | 0.05% |
| Max Financial Services | Finance | 0.05% |
| InterGlobe Aviation | Transportation | 0.05% |
| Bank of Baroda | Banks | 0.04% |
| Cummins India | Industrial Products | 0.04% |
| Birlasoft | Software | 0.04% |
| Motherson Sumi Systems | Auto Ancillaries | 0.04% |
| Escorts | Auto | 0.04% |
| Oracle Financial Services Software | Software | 0.04% |
| Arvind | Textile Products | 0.04% |
| Asian Paints | Consumer Non Durables | 0.04% |
| NIIT Technologies | Software | 0.03% |
| NHPC | Power | 0.03% |
| Power Finance Corporation | Finance | 0.03% |
| The Karnataka Bank | Banks | 0.03% |
| Shriram Transport Finance Company | Finance | 0.03% |
| GAIL (India) | Gas | 0.03% |
| Amara Raja Batteries | Auto Ancillaries | 0.03% |
| NBCC (India) | Construction | 0.03% |
| SRF | Textile Products | 0.02% |
| Glenmark Pharmaceuticals | Pharmaceuticals | 0.02% |
| Britannia Industries | Consumer Non Durables | 0.02% |
| Cholamandalam Invt and Fin Co | Finance | 0.02% |
| Raymond | Textile Products | 0.02% |
| Colgate Palmolive (India) | Consumer Non Durables | 0.02% |
| Indian Bank | Banks | 0.01% |
| IFCI | Finance | 0.01% |
| Bajaj Finserv | Finance | 0.01% |
| Manappuram Finance | Finance | 0.01% |
| United Spirits | Consumer Non Durables | 0.01% |
| Hexaware Technologies | Software | 0.01% |
| Wockhardt | Pharmaceuticals | 0.01% |
| Berger Paints (I) | Consumer Non Durables | 0.01% |
| Pidilite Industries | Chemicals | 0.01% |
| Oil India | Oil | 0.003% |
| Kotak Mahindra Bank | Banks | 0.003% |
| Century Textiles & Industries | Cement | 0.003% |
| Tech Mahindra | Software | 0.003% |
| Hindustan Zinc | Non - Ferrous Metals | 0.002% |
| Indraprastha Gas | Gas | 0.002% |
| Bharti Infratel | Telecom - Equipment & Accessories | 0.001% |
| Total Hedged Equity | 65.83% | |
| Margin Fixed Deposit | 19.54% | |
| Commercial Paper | 1.08% | |
| Corporate Bond | 6.33% | |
| Certificate of Deposit | 3.31% | |
| Zero Coupon Bond | 4.31% | |
| Net Cash and Cash Equivalent | -0.40% | |
| 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 30th April 2019
| Consumer Non Durables | 8.57% |
| Pharmaceuticals | 8.17% |
| Finance | 7.92% |
| Banks | 7.07% |
| Petroleum Products | 5.05% |
| Software | 4.96% |
| Cement | 3.81% |
| Auto | 2.95% |
| Power | 2.91% |
| Construction Project | 2.76% |
| Auto Ancillaries | 1.51% |
| Ferrous Metals | 1.20% |
| Media & Entertainment | 1.08% |
| Consumer Durables | 1.08% |
| Pesticides | 1.06% |
| Construction | 0.94% |
| Industrial Capital Goods | 0.91% |
| Non - Ferrous Metals | 0.87% |
| Chemicals | 0.68% |
| Transportation | 0.59% |
| Trading | 0.36% |
| Industrial Products | 0.34% |
| Gas | 0.31% |
| Telecom - Services | 0.29% |
| Fertilisers | 0.17% |
| Healthcare Services | 0.13% |
| Textile Products | 0.08% |
| Minerals/Mining | 0.05% |
| Oil | 0.003% |
| Telecom - Equipment & Accessories | 0.001% |
Performance based on NAV as on 30/04/2019. 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 6.20% (FBIL OVERNIGHT MIBOR as on 30th April 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.
