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
: ₹ 7,918.32 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.
: ₹ 7,596.43 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. | 0.63 |
| R Square | 0.52 |
| 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. | 0.79% |
| 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. | 2.33 |
| Portfolio Turnover | |
| Equity | 2.92 |
| Aggregate^ | 14.38 |
| Expense Ratio | |
| Regular | 1.08% |
| Direct | 0.32% |
SIP (Minimum Amount): ₹ 100/-
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 | 24.9145 |
| Regular Plan | Monthly Dividend | 12.7191 |
| Regular Plan | Annual Dividend | 10.2783 |
| Name | Industries | % of NAV |
| Hindustan Unilever | Consumer Non Durables | 8.38% |
| Bharti Airtel | Telecom - Services | 7.04% |
| ICICI Bank | Banks | 5.81% |
| HDFC | Finance | 5.55% |
| Reliance Industries | Petroleum Products | 4.71% |
| Divi's Laboratories | Pharmaceuticals | 1.89% |
| Lupin | Pharmaceuticals | 1.80% |
| Colgate Palmolive (India) | Consumer Non Durables | 1.59% |
| Nestle India | Consumer Non Durables | 1.50% |
| Sun Pharmaceutical Industries | Pharmaceuticals | 1.41% |
| Cipla | Pharmaceuticals | 1.35% |
| SBI Life Insurance Company | Finance | 1.17% |
| Tata Consultancy Services | Software | 1.08% |
| Tech Mahindra | Software | 1.07% |
| Torrent Pharmaceuticals | Pharmaceuticals | 1.05% |
| Marico | Consumer Non Durables | 1.03% |
| Dr. Reddy's Laboratories | Pharmaceuticals | 1.01% |
| United Spirits | Consumer Non Durables | 1.01% |
| Vedanta | Non - Ferrous Metals | 0.86% |
| Britannia Industries | Consumer Non Durables | 0.83% |
| Larsen & Toubro | Construction Project | 0.82% |
| Dabur India | Consumer Non Durables | 0.81% |
| Tata Consumer Products | Consumer Non Durables | 0.74% |
| Axis Bank | Banks | 0.71% |
| State Bank of India | Banks | 0.71% |
| Grasim Industries | Cement | 0.66% |
| Infosys | Software | 0.66% |
| Pidilite Industries | Chemicals | 0.65% |
| Adani Ports and Special Economic Zone | Transportation | 0.58% |
| Bata India | Consumer Durables | 0.56% |
| Power Finance Corporation | Finance | 0.55% |
| Cadila Healthcare | Pharmaceuticals | 0.53% |
| Siemens | Industrial Capital Goods | 0.53% |
| UltraTech Cement | Cement | 0.50% |
| Balkrishna Industries | Auto Ancillaries | 0.47% |
| JSW Steel | Ferrous Metals | 0.47% |
| Tata Motors | Auto | 0.42% |
| Titan Company | Consumer Durables | 0.42% |
| Hero MotoCorp | Auto | 0.40% |
| ITC | Consumer Non Durables | 0.35% |
| Info Edge (India) | Software | 0.35% |
| Indraprastha Gas | Gas | 0.34% |
| NMDC | Minerals/Mining | 0.31% |
| Asian Paints | Consumer Non Durables | 0.31% |
| Ambuja Cements | Cement | 0.28% |
| Petronet LNG | Gas | 0.28% |
| SRF | Industrial Products | 0.27% |
| ACC | Cement | 0.26% |
| Coal India | Minerals/Mining | 0.24% |
| Indian Oil Corporation | Petroleum Products | 0.24% |
| Name | Industries | % of NAV |
| Maruti Suzuki India | Auto | 0.24% |
| Hindustan Petroleum Corporation | Petroleum Products | 0.23% |
| Wipro | Software | 0.21% |
| REC | Finance | 0.21% |
| Mahindra & Mahindra | Auto | 0.19% |
| Apollo Tyres | Auto Ancillaries | 0.18% |
| Godrej Consumer Products | Consumer Non Durables | 0.17% |
| Shree Cement | Cement | 0.17% |
| Biocon | Pharmaceuticals | 0.17% |
| Tata Chemicals | Chemicals | 0.17% |
| Exide Industries | Auto Ancillaries | 0.15% |
| Voltas | Consumer Durables | 0.11% |
| Sun TV Network | Media & Entertainment | 0.11% |
| Tata Steel | Ferrous Metals | 0.10% |
| United Breweries | Consumer Non Durables | 0.10% |
| GMR Infrastructure | Construction Project | 0.09% |
| IndusInd Bank | Banks | 0.08% |
| MRF | Auto Ancillaries | 0.07% |
| Amara Raja Batteries | Auto Ancillaries | 0.06% |
| InterGlobe Aviation | Transportation | 0.06% |
| Tata Power Company | Power | 0.06% |
| Berger Paints (I) | Consumer Non Durables | 0.06% |
| Aurobindo Pharma | Pharmaceuticals | 0.05% |
| The Federal Bank | Banks | 0.03% |
| Bajaj Auto | Auto | 0.03% |
| Bharat Petroleum Corporation | Petroleum Products | 0.02% |
| Havells India | Consumer Durables | 0.02% |
| National Aluminium Company | Non - Ferrous Metals | 0.01% |
| Adani Enterprises | Trading | 0.01% |
| Bajaj Finserv | Finance | 0.01% |
| Muthoot Finance | Finance | 0.01% |
| Bharat Heavy Electricals | Industrial Capital Goods | 0.01% |
| Bharat Forge | Industrial Products | 0.01% |
| Bosch | Auto Ancillaries | 0.01% |
| Century Textiles & Industries | Paper | 0.01% |
| Jindal Steel & Power | Ferrous Metals | 0.005% |
| GAIL (India) | Gas | 0.005% |
| Motherson Sumi Systems | Auto Ancillaries | 0.004% |
| Torrent Power | Power | 0.004% |
| Glenmark Pharmaceuticals | Pharmaceuticals | 0.003% |
| Max Financial Services | Finance | 0.002% |
| Manappuram Finance | Finance | 0.001% |
| ICICI Prudential Life Insurance Company | Finance | 0.001% |
| Zee Entertainment Enterprises | Media & Entertainment | 0.001% |
| Total Hedged Equity | 67.82% | |
| Margin Fixed Deposit | 23.11% | |
| Corporate Bond | 2.57% | |
| Treasury Bill | 2.03% | |
| Certificate of Deposit | 1.24% | |
| Commercial Paper | 0.31% | |
| PTC^ | 0.65% | |
| Zero Coupon Bond | 0.02% | |
| Net Cash and Cash Equivalent | 2.27% | |
| Grand Total | 100.00% | |
| ^First Business Receivables Trust- wt. avg. mat: 2.33years | ||
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 July 2020
| Consumer Non Durables | 16.88% |
| Pharmaceuticals | 9.26% |
| Finance | 7.50% |
| Banks | 7.33% |
| Telecom - Services | 7.04% |
| Petroleum Products | 5.19% |
| Software | 3.38% |
| Cement | 1.88% |
| Auto | 1.27% |
| Consumer Durables | 1.12% |
| Auto Ancillaries | 0.95% |
| Construction Project | 0.92% |
| Non - Ferrous Metals | 0.88% |
| Chemicals | 0.82% |
| Transportation | 0.64% |
| Gas | 0.63% |
| Ferrous Metals | 0.58% |
| Minerals/Mining | 0.55% |
| Industrial Capital Goods | 0.54% |
| Industrial Products | 0.27% |
| Media & Entertainment | 0.11% |
| Power | 0.06% |
| Trading | 0.01% |
| Paper | 0.01% |
Performance based on NAV as on 31/07/2020. 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 3.86% (FBIL OVERNIGHT MIBOR as on 31st July 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).
