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
: ₹ 8,303.40 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.
: ₹ 8,988.03 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. | 0.38 |
| 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. | 0.46% |
| 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. | 1.63 |
| Portfolio Turnover | |
| Equity | 2.95 |
| Aggregate^ | 17.96 |
| Expense Ratio | |
| Regular | 1.08% |
| Direct | 0.40% |
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 | 23.9859 |
| Regular Plan | Monthly Dividend | 12.7689 |
| Regular Plan | Annual Dividend | 10.7555 |
| Name | Industries | % of NAV |
| ITC | Consumer Non Durables | 3.95% |
| Reliance Industries | Petroleum Products | 3.76% |
| Axis Bank | Banks | 3.35% |
| HDFC Bank | Banks | 3.33% |
| Larsen & Toubro | Construction Project | 2.90% |
| State Bank of India | Banks | 2.75% |
| HDFC | Finance | 2.63% |
| ICICI Bank | Banks | 2.20% |
| Tata Consultancy Services | Software | 2.13% |
| IndusInd Bank | Banks | 2.03% |
| Infosys | Software | 1.87% |
| Kotak Mahindra Bank | Banks | 1.45% |
| Marico | Consumer Non Durables | 1.39% |
| Bajaj Finance | Finance | 1.28% |
| Sun Pharmaceutical Industries | Pharmaceuticals | 1.08% |
| GAIL (India) | Gas | 1.07% |
| Bajaj Finserv | Finance | 1.03% |
| Coal India | Minerals/Mining | 1.02% |
| UltraTech Cement | Cement | 0.97% |
| UPL | Pesticides | 0.88% |
| Asian Paints | Consumer Non Durables | 0.85% |
| JSW Steel | Ferrous Metals | 0.77% |
| Godrej Consumer Products | Consumer Non Durables | 0.76% |
| Bharat Petroleum Corporation | Petroleum Products | 0.75% |
| Grasim Industries | Cement | 0.74% |
| Hindustan Unilever | Consumer Non Durables | 0.70% |
| Power Finance Corporation | Finance | 0.67% |
| Titan Company | Consumer Durables | 0.66% |
| NTPC | Power | 0.64% |
| SRF | Textile Products | 0.63% |
| Dabur India | Consumer Non Durables | 0.61% |
| Oil & Natural Gas Corporation | Oil | 0.60% |
| ACC | Cement | 0.59% |
| Vedanta | Non - Ferrous Metals | 0.58% |
| Mahindra & Mahindra | Auto | 0.56% |
| Adani Power | Power | 0.53% |
| Cadila Healthcare | Pharmaceuticals | 0.51% |
| Tech Mahindra | Software | 0.48% |
| Shriram Transport Finance Company | Finance | 0.47% |
| Hindustan Petroleum Corporation | Petroleum Products | 0.47% |
| Ashok Leyland | Auto | 0.44% |
| Ambuja Cements | Cement | 0.43% |
| Aurobindo Pharma | Pharmaceuticals | 0.42% |
| Bharti Airtel | Telecom - Services | 0.42% |
| Petronet LNG | Gas | 0.41% |
| Bank of Baroda | Banks | 0.40% |
| Dr. Reddy's Laboratories | Pharmaceuticals | 0.39% |
| Jindal Steel & Power | Ferrous Metals | 0.37% |
| M&M Financial Services | Finance | 0.36% |
| Punjab National Bank | Banks | 0.35% |
| DLF | Construction | 0.35% |
| Power Grid Corporation of India | Power | 0.32% |
| Eicher Motors Auto | 0.31% | |
| Hindustan Zinc Non - Ferrous Metals | 0.28% | |
| The Federal Bank | Banks | 0.28% |
| Manappuram Finance | Finance | 0.28% |
| Escorts | Auto | 0.28% |
| Tata Global Beverages | Consumer Non Durables | 0.27% |
| Bajaj Auto | Auto | 0.27% |
| Tata Steel | Ferrous Metals | 0.26% |
| HCL Technologies | Software | 0.26% |
| NCC | Construction Project | 0.25% |
| United Spirits | Consumer Non Durables | 0.25% |
| Mahanagar Gas | Gas | 0.24% |
| Tata Motors DVR Shares | Auto | 0.24% |
| Exide Industries | Auto Ancillaries | 0.24% |
| Pidilite Industries | Chemicals | 0.24% |
| Name | Industries | % of NAV |
| Indian Oil Corporation | Petroleum Products | 0.24% |
| Adani Enterprises | Trading | 0.21% |
| NMDC | Minerals/Mining | 0.21% |
| RBL Bank | Banks | 0.21% |
| Muthoot Finance | Finance | 0.20% |
| Castrol India | Petroleum Products | 0.20% |
| Adani Ports and Special Economic Zone | Transportation | 0.19% |
| Berger Paints (I) | Consumer Non Durables | 0.18% |
| Divi's Laboratories | Pharmaceuticals | 0.18% |
| Bharat Heavy Electricals | Industrial Capital Goods | 0.18% |
| Bharat Electronics | Industrial Capital Goods | 0.18% |
| United Breweries | Consumer Non Durables | 0.16% |
| Equitas Holdings | Finance | 0.16% |
| Tata Power Company | Power | 0.16% |
| Oil India | Oil | 0.16% |
| Canara Bank | Banks | 0.16% |
| Tata Chemicals | Chemicals | 0.15% |
| Motherson Sumi Systems | Auto Ancillaries | 0.15% |
| Nestle India | Consumer Non Durables | 0.15% |
| LIC Housing Finance | Finance | 0.14% |
| Container Corporation of India | Transportation | 0.13% |
| Vodafone Idea | Telecom - Services | 0.13% |
| GMR Infrastructure | Construction Project | 0.12% |
| Max Financial Services | Finance | 0.12% |
| Union Bank of India | Banks | 0.12% |
| Cipla | Pharmaceuticals | 0.11% |
| Lupin | Pharmaceuticals | 0.11% |
| Shree Cement | Cement | 0.11% |
| Steel Authority of India | Ferrous Metals | 0.08% |
| Tata Elxsi | Software | 0.08% |
| Dish TV India | Media & Entertainment | 0.08% |
| Engineers India Construction Project | 0.07% | |
| InterGlobe Aviation | Transportation | 0.07% |
| Biocon | Pharmaceuticals | 0.06% |
| Bank of India | Banks | 0.06% |
| Kajaria Ceramics | Construction | 0.05% |
| Hindalco Industries | Non - Ferrous Metals | 0.05% |
| L&T Finance Holdings | Finance | 0.05% |
| Arvind | Textile Products | 0.04% |
| Oracle Financial Services Software | Software | 0.04% |
| Bharti Infratel | Telecom - Equipment & Accessories | 0.04% |
| NBCC (India) | Construction | 0.04% |
| Birlasoft | Software | 0.03% |
| Colgate Palmolive (India) | Consumer Non Durables | 0.03% |
| Bharat Forge | Industrial Products | 0.03% |
| Torrent Power | Power | 0.02% |
| CESC | Power | 0.02% |
| Tata Motors | Auto | 0.02% |
| Glenmark Pharmaceuticals | Pharmaceuticals | 0.02% |
| Sun TV Network | Media & Entertainment | 0.02% |
| Piramal Enterprises | Pharmaceuticals | 0.02% |
| Siemens | Industrial Capital Goods | 0.02% |
| Raymond | Textile Products | 0.01% |
| REC | Finance | 0.01% |
| Century Textiles & Industries | Cement | 0.01% |
| Bosch | Auto Ancillaries | 0.01% |
| MindTree | Software | 0.003% |
| Hero MotoCorp | Auto | 0.002% |
| Total Hedged Equity | 67.86% | |
| Margin Fixed Deposit | 19.78% | |
| Commercial Paper | 0.16% | |
| Corporate Bond | 12.20% | |
| Certificate of Deposit | 1.28% | |
| Zero Coupon Bond | 0.82% | |
| Net Cash and Cash Equivalent | -2.09% | |
| 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 August 2019
| Banks | 16.69% |
| Consumer Non Durables | 9.32% |
| Finance | 7.40% |
| Petroleum Products | 5.42% |
| Software | 4.89% |
| Construction Project | 3.34% |
| Pharmaceuticals | 2.91% |
| Cement | 2.85% |
| Auto | 2.11% |
| Gas | 1.72% |
| Power | 1.69% |
| Ferrous Metals | 1.48% |
| Minerals/Mining | 1.23% |
| Non - Ferrous Metals | 0.91% |
| Pesticides | 0.88% |
| Oil | 0.76% |
| Textile Products | 0.69% |
| Consumer Durables | 0.66% |
| Telecom - Services | 0.55% |
| Construction | 0.44% |
| Auto Ancillaries | 0.40% |
| Chemicals | 0.39% |
| Transportation | 0.38% |
| Industrial Capital Goods | 0.37% |
| Trading | 0.21% |
| Media & Entertainment | 0.10% |
| Telecom - Equipment & Accessories | 0.04% |
| Industrial Products | 0.03% |
Performance based on NAV as on 30/08/2019. 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 5.45% (FBIL OVERNIGHT MIBOR as on 30th August 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.
