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
: ₹ 9,760.00 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.
: ₹ 10,163.42 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. | 0.40 |
| R Square | 0.31 |
| 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. | 0.47% |
| 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. | 1.23 |
| Portfolio Turnover | |
| Equity | 2.90 |
| Aggregate^ | 17.49 |
| 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 | 24.0583 |
| Regular Plan | Monthly Dividend | 12.7541 |
| Regular Plan | Annual Dividend | 10.7880 |
| Name | Industries | % of NAV |
| ITC | Consumer Non Durables | 4.96% |
| HDFC | Finance | 4.20% |
| Reliance Industries | Petroleum Products | 4.15% |
| HDFC Bank | Banks | 2.44% |
| IndusInd Bank | Banks | 2.19% |
| ICICI Bank | Banks | 2.17% |
| Tata Consultancy Services | Software | 2.07% |
| Infosys | Software | 2.04% |
| Larsen & Toubro | Construction Project | 1.88% |
| State Bank of India | Banks | 1.87% |
| Bharat Petroleum Corporation | Petroleum Products | 1.42% |
| Axis Bank | Banks | 1.39% |
| Asian Paints | Consumer Non Durables | 1.32% |
| Marico | Consumer Non Durables | 1.26% |
| Bajaj Finance | Finance | 1.24% |
| Sun Pharmaceutical Industries | Pharmaceuticals | 1.14% |
| Bajaj Finserv | Finance | 0.97% |
| GAIL (India) | Gas | 0.95% |
| Petronet LNG | Gas | 0.92% |
| Grasim Industries | Cement | 0.87% |
| Bharti Airtel | Telecom - Services | 0.83% |
| UPL | Pesticides | 0.83% |
| Kotak Mahindra Bank | Banks | 0.79% |
| Power Finance Corporation | Finance | 0.78% |
| JSW Steel | Ferrous Metals | 0.74% |
| UltraTech Cement | Cement | 0.74% |
| Mahindra & Mahindra | Auto | 0.72% |
| DLF | Construction | 0.66% |
| NTPC | Power | 0.66% |
| Dabur India | Consumer Non Durables | 0.61% |
| Pidilite Industries | Chemicals | 0.61% |
| Godrej Consumer Products | Consumer Non Durables | 0.60% |
| Titan Company | Consumer Durables | 0.58% |
| Tata Global Beverages | Consumer Non Durables | 0.54% |
| Punjab National Bank | Banks | 0.54% |
| Ambuja Cements | Cement | 0.53% |
| Tech Mahindra | Software | 0.52% |
| Dr. Reddy's Laboratories | Pharmaceuticals | 0.51% |
| Adani Power | Power | 0.51% |
| Hindustan Petroleum Corporation | Petroleum Products | 0.49% |
| ACC | Cement | 0.48% |
| SRF | Textile Products | 0.45% |
| Power Grid Corporation of India | Power | 0.42% |
| Manappuram Finance | Finance | 0.37% |
| REC | Finance | 0.35% |
| Tata Motors | Auto | 0.35% |
| Oil & Natural Gas Corporation | Oil | 0.34% |
| Maruti Suzuki India | Auto | 0.33% |
| Wipro | Software | 0.33% |
| Jindal Steel & Power | Ferrous Metals | 0.33% |
| The Federal Bank | Banks | 0.33% |
| LIC Housing Finance | Finance | 0.32% |
| Bajaj Auto | Auto | 0.30% |
| Cadila Healthcare | Pharmaceuticals | 0.29% |
| Aurobindo Pharma | Pharmaceuticals | 0.29% |
| Oil India | Oil | 0.29% |
| Container Corporation of India | Transportation | 0.28% |
| United Spirits | Consumer Non Durables | 0.27% |
| Escorts | Auto | 0.26% |
| Shriram Transport Finance Company | Finance | 0.26% |
| Mahanagar Gas | Gas | 0.26% |
| Bank of Baroda | Banks | 0.25% |
| Exide Industries | Auto Ancillaries | 0.25% |
| Max Financial Services | Finance | 0.25% |
| Britannia Industries | Consumer Non Durables | 0.25% |
| M&M Financial Services | Finance | 0.24% |
| Bharat Heavy Electricals | Industrial Capital Goods | 0.24% |
| Name | Industries | % of NAV |
| Hero MotoCorp | Auto | 0.24% |
| Apollo Hospitals Enterprise | Healthcare Services | 0.23% |
| GMR Infrastructure | Construction Project | 0.23% |
| Tata Motors DVR Shares | Auto | 0.23% |
| Cipla | Pharmaceuticals | 0.23% |
| HCL Technologies | Software | 0.22% |
| NCC | Construction Project | 0.22% |
| NMDC | Minerals/Mining | 0.21% |
| Adani Enterprises | Trading | 0.20% |
| Ashok Leyland | Auto | 0.19% |
| Havells India | Consumer Durables | 0.19% |
| Tata Power Company | Power | 0.17% |
| Muthoot Finance | Finance | 0.17% |
| United Breweries | Consumer Non Durables | 0.17% |
| Eicher Motors | Auto | 0.17% |
| Lupin | Pharmaceuticals | 0.17% |
| Tata Chemicals | Chemicals | 0.17% |
| Hindalco Industries | Non - Ferrous Metals | 0.17% |
| Divi's Laboratories | Pharmaceuticals | 0.16% |
| Bharat Electronics | Industrial Capital Goods | 0.16% |
| Bata India | Consumer Durables | 0.16% |
| L&T Finance Holdings | Finance | 0.16% |
| Coal India | Minerals/Mining | 0.13% |
| CESC | Power | 0.13% |
| Tata Elxsi | Software | 0.12% |
| Union Bank of India | Banks | 0.11% |
| Steel Authority of India | Ferrous Metals | 0.11% |
| Castrol India | Petroleum Products | 0.11% |
| Equitas Holdings | Finance | 0.11% |
| Biocon | Pharmaceuticals | 0.10% |
| Nestle India | Consumer Non Durables | 0.08% |
| Tata Steel | Ferrous Metals | 0.08% |
| Vodafone Idea | Telecom - Services | 0.07% |
| Canara Bank | Banks | 0.06% |
| Dish TV India | Media & Entertainment | 0.06% |
| Bharat Forge | Industrial Products | 0.05% |
| Adani Ports and Special Economic Zone | Transportation | 0.05% |
| Berger Paints (I) | Consumer Non Durables | 0.04% |
| Motherson Sumi Systems | Auto Ancillaries | 0.04% |
| InterGlobe Aviation | Transportation | 0.04% |
| Sun TV Network | Media & Entertainment | 0.04% |
| Indraprastha Gas | Gas | 0.03% |
| Cummins India | Industrial Products | 0.03% |
| Torrent Power | Power | 0.02% |
| Cholamandalam Invt and Fin Co | Finance | 0.02% |
| Hexaware Technologies | Software | 0.02% |
| Century Textiles & Industries | Cement | 0.02% |
| Piramal Enterprises | Pharmaceuticals | 0.01% |
| Bosch | Auto Ancillaries | 0.01% |
| Hindustan Unilever | Consumer Non Durables | 0.01% |
| Vedanta | Non - Ferrous Metals | 0.01% |
| Bharti Infratel | Telecom - Equipment & Accessories | 0.01% |
| Strides Pharma Science | Pharmaceuticals | 0.01% |
| Shree Cement | Cement | 0.005% |
| Glenmark Pharmaceuticals | Pharmaceuticals | 0.005% |
| Zee Entertainment Enterprises | Media & Entertainment | 0.003% |
| Colgate Palmolive (India) | Consumer Non Durables | 0.003% |
| Total Hedged Equity | 66.58% | |
| Margin Fixed Deposit | 18.82% | |
| Commercial Paper | 0.24% | |
| Corporate Bond | 11.95% | |
| Certificate of Deposit | 1.65% | |
| Zero Coupon Bond | 0.07% | |
| Net Cash and Cash Equivalent | 0.69% | |
| 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 September 2019
| Banks | 12.14% |
| Consumer Non Durables | 10.12% |
| Finance | 9.43% |
| Petroleum Products | 6.18% |
| Software | 5.32% |
| Pharmaceuticals | 2.92% |
| Auto | 2.78% |
| Cement | 2.64% |
| Construction Project | 2.34% |
| Gas | 2.15% |
| Power | 1.92% |
| Ferrous Metals | 1.26% |
| Consumer Durables | 0.93% |
| Telecom - Services | 0.90% |
| Pesticides | 0.83% |
| Chemicals | 0.78% |
| Construction | 0.66% |
| Oil | 0.63% |
| Textile Products | 0.45% |
| Industrial Capital Goods | 0.41% |
| Transportation | 0.37% |
| Minerals/Mining | 0.34% |
| Auto Ancillaries | 0.30% |
| Healthcare Services | 0.23% |
| Trading | 0.20% |
| Non - Ferrous Metals | 0.17% |
| Media & Entertainment | 0.10% |
| Industrial Products | 0.08% |
| Telecom - Equipment & Accessories | 0.01% |
Performance based on NAV as on 30/09/2019. 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 5.52% (FBIL OVERNIGHT MIBOR as on 30th September 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.
