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
: ₹ 10,672.57 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.
: ₹ 10,890.80 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. | 0.41 |
| 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. | 0.48% |
| 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. | 1.85 |
| Portfolio Turnover | |
| Equity | 2.77 |
| Aggregate^ | 16.59 |
| 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 | 24.2055 |
| Regular Plan | Monthly Dividend | 12.7761 |
| Regular Plan | Annual Dividend | 10.8539 |
| Name | Industries | % of NAV |
| Reliance Industries | Petroleum Products | 3.80% |
| Infosys | Software | 3.60% |
| HDFC | Finance | 3.02% |
| Axis Bank | Banks | 2.67% |
| ICICI Bank | Banks | 2.15% |
| IndusInd Bank | Banks | 2.14% |
| ITC | Consumer Non Durables | 2.07% |
| Larsen & Toubro | Construction Project | 2.02% |
| State Bank of India | Banks | 1.74% |
| Bajaj Finance | Finance | 1.65% |
| HDFC Bank | Banks | 1.64% |
| Asian Paints | Consumer Non Durables | 1.48% |
| Kotak Mahindra Bank | Banks | 1.40% |
| Bajaj Finserv | Finance | 1.36% |
| Sun Pharmaceutical | Industries Pharmaceuticals | 1.28% |
| Tata Consultancy Services | Software | 1.27% |
| Bharat Petroleum Corporation | Petroleum Products | 1.04% |
| Marico | Consumer Non Durables | 0.98% |
| Petronet LNG | Gas | 0.97% |
| UPL | Pesticides | 0.77% |
| GAIL (India) | Gas | 0.76% |
| Grasim Industries | Cement | 0.75% |
| Tech Mahindra | Software | 0.73% |
| Mahindra & Mahindra | Auto | 0.68% |
| Pidilite Industries | Chemicals | 0.63% |
| Tata Global Beverages | Consumer Non Durables | 0.61% |
| Power Finance Corporation | Finance | 0.61% |
| DLF | Construction | 0.60% |
| Titan Company | Consumer Durables | 0.58% |
| UltraTech Cement | Cement | 0.56% |
| Punjab National Bank | Banks | 0.56% |
| Dabur India | Consumer Non Durables | 0.54% |
| Adani Power | Power | 0.52% |
| Power Grid Corporation of India | Power | 0.48% |
| ACC | Cement | 0.47% |
| JSW Steel | Ferrous Metals | 0.46% |
| The Federal Bank | Banks | 0.44% |
| Wipro | Software | 0.38% |
| Manappuram Finance | Finance | 0.38% |
| Muthoot Finance | Finance | 0.37% |
| LIC Housing Finance | Finance | 0.36% |
| United Breweries | Consumer Non Durables | 0.34% |
| Apollo Hospitals Enterprise | Healthcare Services | 0.34% |
| Tata Motors DVR Shares | Auto | 0.33% |
| Bank of Baroda | Banks | 0.33% |
| Jindal Steel & Power | Ferrous Metals | 0.32% |
| L&T Finance Holdings | Finance | 0.31% |
| Max Financial Services | Finance | 0.31% |
| M&M Financial Services | Finance | 0.31% |
| Cadila Healthcare | Pharmaceuticals | 0.30% |
| Container Corporation of India | Transportation | 0.30% |
| Mahanagar Gas | Gas | 0.30% |
| Adani Enterprises | Trading | 0.30% |
| Oil India | Oil | 0.29% |
| Havells India | Consumer Durables | 0.29% |
| Tata Motors | Auto | 0.28% |
| Escorts | Auto | 0.27% |
| Aurobindo Pharma | Pharmaceuticals | 0.26% |
| Hero MotoCorp | Auto | 0.26% |
| Tata Power Company | Power | 0.23% |
| Exide Industries | Auto Ancillaries | 0.23% |
| Name | Industries | % of NAV |
| Hindustan Petroleum Corporation | Petroleum Products | 0.21% |
| Bajaj Auto | Auto | 0.21% |
| Eicher Motors | Auto | 0.20% |
| United Spirits | Consumer Non Durables | 0.20% |
| NCC | Construction Project | 0.20% |
| Shriram Transport Finance Company | Finance | 0.20% |
| Tata Chemicals | Chemicals | 0.19% |
| Bharti Airtel | Telecom - Services | 0.18% |
| Cipla | Pharmaceuticals | 0.17% |
| Bharat Electronics | Industrial Capital Goods | 0.17% |
| NTPC | Power | 0.16% |
| Vedanta | Non - Ferrous Metals | 0.15% |
| REC | Finance | 0.14% |
| Adani Ports and Special Economic Zone | Transportation | 0.14% |
| Union Bank of India | Banks | 0.13% |
| Shree Cement | Cement | 0.13% |
| CESC | Power | 0.12% |
| Steel Authority of India | Ferrous Metals | 0.12% |
| Ambuja Cements | Cement | 0.11% |
| Ujjivan Financial Services | Finance | 0.10% |
| Just Dial | Software | 0.10% |
| Divi's Laboratories | Pharmaceuticals | 0.09% |
| Maruti Suzuki India | Auto | 0.09% |
| HCL Technologies | Software | 0.09% |
| Equitas Holdings | Finance | 0.09% |
| PVR | Media & Entertainment | 0.09% |
| Bharat Heavy Electricals | Industrial Capital Goods | 0.08% |
| Colgate Palmolive (India) | Consumer Non Durables | 0.07% |
| InterGlobe Aviation | Transportation | 0.06% |
| NMDC | Minerals/Mining | 0.06% |
| Hindalco Industries | Non - Ferrous Metals | 0.05% |
| Cummins India | Industrial Products | 0.05% |
| SRF | Textile Products | 0.05% |
| NBCC (India) | Construction | 0.04% |
| MindTree | Software | 0.04% |
| Canara Bank | Banks | 0.03% |
| Torrent Power | Power | 0.03% |
| Castrol India | Petroleum Products | 0.03% |
| Vodafone Idea | Telecom - Services | 0.02% |
| Hexaware Technologies | Software | 0.02% |
| Indraprastha Gas | Gas | 0.02% |
| MRF | Auto Ancillaries | 0.02% |
| Nestle India | Consumer Non Durables | 0.02% |
| Century Textiles & Industries | Cement | 0.01% |
| Lupin | Pharmaceuticals | 0.01% |
| Indian Oil Corporation | Petroleum Products | 0.01% |
| Ashok Leyland | Auto | 0.01% |
| Biocon | Pharmaceuticals | 0.01% |
| Hindustan Unilever | Consumer Non Durables | 0.01% |
| Coal India | Minerals/Mining | 0.01% |
| Tata Steel | Ferrous Metals | 0.01% |
| Motherson Sumi Systems | Auto Ancillaries | 0.01% |
| Bosch | Auto Ancillaries | 0.01% |
| RBL Bank | Banks | 0.01% |
| Glenmark Pharmaceuticals | Pharmaceuticals | 0.01% |
| Britannia Industries | Consumer Non Durables | 0.001% |
| Dr. Reddy's Laboratories | Pharmaceuticals | 0.001% |
| Zee Entertainment Enterprises | Media & Entertainment | 0.001% |
| Dish TV India | Media & Entertainment | 0.001% |
| Tata Elxsi Software | 0.001% | |
| Total Hedged Equity | 59.04% | |
| Margin Fixed Deposit | 19.04% | |
| Corporate Bond | 10.93% | |
| Certificate of Deposit | 0.22% | |
| Zero Coupon Bond | 0.25% | |
| Net Cash and Cash Equivalent | 10.52% | |
| 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 October 2019
| Banks | 13.25% |
| Finance | 9.21% |
| Consumer Non Durables | 6.32% |
| Software | 6.22% |
| Petroleum Products | 5.09% |
| Auto | 2.34% |
| Construction Project | 2.22% |
| Pharmaceuticals | 2.14% |
| Gas | 2.05% |
| Cement | 2.03% |
| Power | 1.55% |
| Ferrous Metals | 0.91% |
| Consumer Durables | 0.87% |
| Chemicals | 0.82% |
| Pesticides | 0.77% |
| Construction | 0.64% |
| Transportation | 0.50% |
| Healthcare Services | 0.34% |
| Trading | 0.30% |
| Oil | 0.29% |
| Auto Ancillaries | 0.26% |
| Industrial Capital Goods | 0.25% |
| Telecom - Services | 0.20% |
| Non - Ferrous Metals | 0.20% |
| Media & Entertainment | 0.09% |
| Minerals/Mining | 0.07% |
| Industrial Products | 0.05% |
| Textile Products | 0.05% |
Performance based on NAV as on 31/10/2019. 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 31st October 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.
