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
: ₹ 9,681.81 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.
: ₹ 6,490.72 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. | 0.55 |
| R Square | 0.39 |
| 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. | 0.59% |
| 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. | 1.98 |
| Portfolio Turnover | |
| Equity | 2.73 |
| Aggregate^ | 15.11 |
| Expense Ratio | |
| Regular | 1.08% |
| Direct | 0.28% |
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 | 24.6765 |
| Regular Plan | Monthly Dividend | 12.7240 |
| Regular Plan | Annual Dividend | 10.1804 |
| Name | Industries | % of NAV |
| HDFC | Finance | 5.88% |
| Bharti Airtel | Telecom - Services | 5.80% |
| Reliance Industries | Petroleum Products | 4.80% |
| Infosys | Software | 3.30% |
| Axis Bank | Banks | 2.58% |
| Sun Pharmaceutical Industries | Pharmaceuticals | 2.53% |
| Larsen & Toubro | Construction Project | 2.14% |
| Asian Paints | Consumer Non Durables | 2.13% |
| State Bank of India | Banks | 1.71% |
| Tech Mahindra | Software | 1.55% |
| Maruti Suzuki India | Auto | 1.44% |
| ITC | Consumer Non Durables | 1.35% |
| Hindustan Unilever | Consumer Non Durables | 1.25% |
| Grasim Industries | Cement | 1.14% |
| Nestle India | Consumer Non Durables | 1.00% |
| Adani Ports and Special Economic Zone | Transportation | 0.97% |
| Mahindra & Mahindra | Auto | 0.83% |
| Tata Consultancy Services | Software | 0.78% |
| Hindalco Industries | Non - Ferrous Metals | 0.78% |
| Colgate Palmolive (India) | Consumer Non Durables | 0.77% |
| Marico | Consumer Non Durables | 0.76% |
| IndusInd Bank | Banks | 0.72% |
| United Spirits | Consumer Non Durables | 0.69% |
| Godrej Consumer Products | Consumer Non Durables | 0.67% |
| DLF | Construction | 0.65% |
| ICICI Bank | Banks | 0.65% |
| Dr. Reddy's Laboratories | Pharmaceuticals | 0.64% |
| Divi's Laboratories | Pharmaceuticals | 0.63% |
| Dabur India | Consumer Non Durables | 0.62% |
| Bajaj Finserv | Finance | 0.57% |
| Lupin | Pharmaceuticals | 0.56% |
| HCL Technologies | Software | 0.46% |
| UPL | Pesticides | 0.46% |
| NTPC | Power | 0.43% |
| Biocon | Pharmaceuticals | 0.39% |
| REC | Finance | 0.38% |
| UltraTech Cement | Cement | 0.33% |
| Bajaj Finance | Finance | 0.33% |
| ACC | Cement | 0.29% |
| Vedanta | Non - Ferrous Metals | 0.29% |
| Power Grid Corporation of India | Power | 0.27% |
| Coal India | Minerals/Mining | 0.25% |
| Shree Cement | Cement | 0.25% |
| Adani Power | Power | 0.22% |
| Berger Paints (I) | Consumer Non Durables | 0.22% |
| Power Finance Corporation | Finance | 0.21% |
| Container Corporation of India | Transportation | 0.21% |
| Havells India | Consumer Durables | 0.20% |
| Sun TV Network | Media & Entertainment | 0.20% |
| Indian Oil Corporation | Petroleum Products | 0.17% |
| Bajaj Auto | Auto | 0.17% |
| GMR Infrastructure | Construction Project | 0.17% |
| Exide Industries | Auto Ancillaries | 0.16% |
| Pidilite Industries | Chemicals | 0.16% |
| Cipla | Pharmaceuticals | 0.16% |
| Hero MotoCorp | Auto | 0.16% |
| Wipro | Software | 0.15% |
| Tata Consumer Products | Consumer Non Durables | 0.14% |
| Bharat Heavy Electricals | Industrial Capital Goods | 0.14% |
| Punjab National Bank | Banks | 0.14% |
| Tata Motors | Auto | 0.14% |
| Bharat Petroleum Corporation | Petroleum Products | 0.12% |
| LIC Housing Finance | Finance | 0.12% |
| The Federal Bank | Banks | 0.12% |
| Apollo Hospitals Enterprise | Healthcare Services | 0.11% |
| Siemens | Industrial Capital Goods | 0.11% |
| Name | Industries | % of NAV |
| HDFC Life Insurance Company | Finance | 0.11% |
| Amara Raja Batteries | Auto Ancillaries | 0.10% |
| Piramal Enterprises | Finance | 0.10% |
| Ambuja Cements | Cement | 0.10% |
| Tata Steel | Ferrous Metals | 0.10% |
| Bharat Electronics | Industrial Capital Goods | 0.09% |
| NMDC | Minerals/Mining | 0.09% |
| Eicher Motors | Auto | 0.08% |
| JSW Steel | Ferrous Metals | 0.08% |
| GAIL (India) | Gas | 0.07% |
| Tata Power Company | Power | 0.07% |
| Cholamandalam Invt and Fin Co | Finance | 0.07% |
| Aurobindo Pharma | Pharmaceuticals | 0.07% |
| Britannia Industries | Consumer Non Durables | 0.07% |
| SRF | Industrial Products | 0.06% |
| Mahanagar Gas | Gas | 0.06% |
| Escorts | Auto | 0.06% |
| Glenmark Pharmaceuticals | Pharmaceuticals | 0.06% |
| HDFC Bank | Banks | 0.05% |
| CESC | Power | 0.05% |
| Motherson Sumi Systems | Auto Ancillaries | 0.05% |
| M&M Financial Services | Finance | 0.05% |
| Adani Enterprises | Trading | 0.04% |
| Zee Entertainment Enterprises | Media & Entertainment | 0.04% |
| Cadila Healthcare | Pharmaceuticals | 0.04% |
| Century Textiles & Industries | Paper | 0.04% |
| Steel Authority of India | Ferrous Metals | 0.04% |
| Info Edge (India) | Software | 0.03% |
| Hindustan Petroleum Corporation | Petroleum Products | 0.03% |
| MRF | Auto Ancillaries | 0.03% |
| Bharat Forge | Industrial Products | 0.03% |
| Shriram Transport Finance Company | Finance | 0.03% |
| Bandhan Bank | Banks | 0.02% |
| Bata India | Consumer Durables | 0.02% |
| Ujjivan Financial Services | Finance | 0.02% |
| ICICI Prudential Life Insurance Company | Finance | 0.02% |
| Bosch | Auto Ancillaries | 0.02% |
| Oil India | Oil | 0.02% |
| Bharti Infratel | Telecom - Equipment & Accessories | 0.02% |
| Apollo Tyres | Auto Ancillaries | 0.01% |
| Cummins India | Industrial Products | 0.01% |
| Kotak Mahindra Bank | Banks | 0.01% |
| Petronet LNG | Gas | 0.01% |
| Tata Chemicals | Chemicals | 0.01% |
| Voltas | Consumer Durables | 0.01% |
| The Ramco Cements | Cement | 0.01% |
| Muthoot Finance | Finance | 0.01% |
| Balkrishna Industries | Auto Ancillaries | 0.01% |
| Jindal Steel & Power | Ferrous Metals | 0.004% |
| Indraprastha Gas | Gas | 0.003% |
| Bank of Baroda | Banks | 0.003% |
| Titan Company | Consumer Durables | 0.002% |
| Max Financial Services | Finance | 0.002% |
| Manappuram Finance | Finance | 0.001% |
| Total Hedged Equity | 59.91% | |
| Margin Fixed Deposit | 33.03% | |
| Corporate Bond | 0.99% | |
| Certificate of Deposit | 0.82% | |
| Commercial Paper | 0.79% | |
| PTC^ | 0.75% | |
| Zero Coupon Bond | 0.02% | |
| Net Cash and Cash Equivalent | 3.69% | |
| Grand Total | 100.00% | |
| ^PTC originated by Reliance Industries Limited | ||
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 March 2020
| Consumer Non Durables | 9.68% |
| Finance | 7.89% |
| Software | 6.28% |
| Banks | 6.01% |
| Telecom - Services | 5.80% |
| Petroleum Products | 5.13% |
| Pharmaceuticals | 5.07% |
| Auto | 2.87% |
| Construction Project | 2.30% |
| Cement | 2.12% |
| Transportation | 1.18% |
| Non - Ferrous Metals | 1.07% |
| Power | 1.04% |
| Construction | 0.65% |
| Pesticides | 0.46% |
| Auto Ancillaries | 0.37% |
| Industrial Capital Goods | 0.34% |
| Minerals/Mining | 0.34% |
| Media & Entertainment | 0.24% |
| Consumer Durables | 0.23% |
| Ferrous Metals | 0.22% |
| Chemicals | 0.17% |
| Gas | 0.15% |
| Healthcare Services | 0.11% |
| Industrial Products | 0.10% |
| Trading | 0.04% |
| Paper | 0.04% |
| Oil | 0.02% |
| Telecom - Equipment & Accessories | 0.02% |
Performance based on NAV as on 31/03/2020. 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 4.81% (FBIL OVERNIGHT MIBOR as on 31st March 2020). 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.
