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
: ₹ 7,111.67 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.
: ₹ 7,075.33 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. | 0.65 |
| R Square | 0.54 |
| 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. | 0.82% |
| 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. | 2.49 |
| Portfolio Turnover | |
| Equity | 2.60 |
| Aggregate^ | 13.70 |
| 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 | 25.1901 |
| Regular Plan | Monthly Dividend | 12.7744 |
| Regular Plan | Annual Dividend | 10.3920 |
| Name | Industries | % of NAV |
| HDFC | Finance | 5.48% |
| ICICI Bank | Banks | 5.42% |
| Reliance Industries | Petroleum Products | 4.86% |
| Bharti Airtel | Telecom - Services | 3.83% |
| Maruti Suzuki India | Auto | 2.76% |
| Hindustan Unilever | Consumer Non Durables | 2.59% |
| Larsen & Toubro | Construction Project | 2.32% |
| Sun Pharmaceutical Industries | Pharmaceuticals | 2.00% |
| Tata Steel | Ferrous Metals | 1.83% |
| Cipla | Pharmaceuticals | 1.76% |
| Adani Ports and Special Economic Zone | Transportation | 1.63% |
| Tata Consultancy Services | Software | 1.62% |
| ITC | Consumer Non Durables | 1.61% |
| Bajaj Auto | Auto | 1.59% |
| Tata Consumer Products | Consumer Non Durables | 1.53% |
| Infosys | Software | 1.53% |
| Colgate Palmolive (India) | Consumer Non Durables | 1.37% |
| Pidilite Industries | Chemicals | 1.36% |
| SBI Life Insurance Company | Finance | 1.20% |
| Tata Motors | Auto | 1.14% |
| Lupin | Pharmaceuticals | 0.98% |
| Dabur India | Consumer Non Durables | 0.96% |
| Marico | Consumer Non Durables | 0.95% |
| Grasim Industries | Cement | 0.78% |
| Tech Mahindra | Software | 0.76% |
| Power Finance Corporation | Finance | 0.76% |
| UltraTech Cement | Cement | 0.76% |
| State BankIndia | Banks | 0.75% |
| United Spirits | Consumer Non Durables | 0.73% |
| Exide Industries | Auto Ancillaries | 0.70% |
| Tata Power Company | Power | 0.60% |
| JSW Steel | Ferrous Metals | 0.56% |
| Divi's Laboratories | Pharmaceuticals | 0.51% |
| Ambuja Cements | Cement | 0.47% |
| Dr. Reddy's Laboratories | Pharmaceuticals | 0.47% |
| The Federal Bank | Banks | 0.47% |
| Info Edge (India) | Software | 0.45% |
| HDFC Life Insurance Company | Finance | 0.43% |
| Hindalco Industries | Non - Ferrous Metals | 0.38% |
| Page Industries | Textile Products | 0.37% |
| Axis Bank | Banks | 0.37% |
| Shree Cement | Cement | 0.34% |
| SRF | Industrial Products | 0.33% |
| United Breweries | Consumer Non Durables | 0.31% |
| NMDC | Minerals/Mining | 0.31% |
| Max Financial Services | Finance | 0.30% |
| Titan Company | Consumer Durables | 0.26% |
| Hindustan Petroleum Corporation | Petroleum Products | 0.24% |
| Tata Chemicals | Chemicals | 0.23% |
| Apollo Tyres | Auto Ancillaries | 0.23% |
| UPL | Pesticides | 0.21% |
| TVS Motor Company | Auto | 0.19% |
| Vedanta | Non - Ferrous Metals | 0.19% |
| Adani Enterprises | Trading | 0.18% |
| Container CorporationIndia | Transportation | 0.17% |
| Torrent Power | Power | 0.17% |
| Ashok Leyland | Auto | 0.16% |
| Mahindra & Mahindra | Auto | 0.13% |
| Name | Industries | % of NAV |
| Godrej Consumer Products | Consumer Non Durables | 0.13% |
| NTPC | Power | 0.13% |
| Asian Paints | Consumer Non Durables | 0.11% |
| DLF | Construction | 0.11% |
| Berger Paints (I) | Consumer Non Durables | 0.10% |
| Bosch | Auto Ancillaries | 0.09% |
| Torrent Pharmaceuticals | Pharmaceuticals | 0.09% |
| Bharat Electronics | Industrial Capital Goods | 0.09% |
| Mahanagar Gas | Gas | 0.09% |
| REC | Finance | 0.08% |
| RBL Bank | Banks | 0.08% |
| ICICI Prudential Life Insurance Company | Finance | 0.08% |
| Sun TV Network | Media & Entertainment | 0.08% |
| Bharat Petroleum Corporation | Petroleum Products | 0.06% |
| Voltas | Consumer Durables | 0.06% |
| Aurobindo Pharma | Pharmaceuticals | 0.06% |
| ACC | Cement | 0.06% |
| Eicher Motors | Auto | 0.05% |
| HCL Technologies | Software | 0.05% |
| ICICI Lombard General Insurance Company | Finance | 0.05% |
| GMR Infrastructure | Construction Project | 0.05% |
| Bata India | Consumer Durables | 0.04% |
| Balkrishna Industries | Auto Ancillaries | 0.04% |
| Britannia Industries | Consumer Non Durables | 0.04% |
| Cadila Healthcare | Pharmaceuticals | 0.04% |
| Escorts | Auto | 0.03% |
| Havells India | Consumer Durables | 0.03% |
| Muthoot Finance | Finance | 0.03% |
| Biocon | Pharmaceuticals | 0.02% |
| Glenmark Pharmaceuticals | Pharmaceuticals | 0.02% |
| Bank Baroda | Banks | 0.02% |
| Petronet LNG | Gas | 0.02% |
| Indian Oil Corporation | Petroleum Products | 0.02% |
| Zee Entertainment Enterprises | Media & Entertainment | 0.02% |
| Indraprastha Gas | Gas | 0.01% |
| Punjab National Bank | Banks | 0.01% |
| Steel AuthorityIndia | Ferrous Metals | 0.01% |
| The Ramco Cements | Cement | 0.01% |
| Bharat Forge | Industrial Products | 0.01% |
| IndusInd Bank | Banks | 0.01% |
| Manappuram Finance | Finance | 0.005% |
| LIC Housing Finance | Finance | 0.004% |
| Coal India | Minerals/Mining | 0.003% |
| M&M Financial Services | Finance | 0.001% |
| Total Hedged Equity | 66.69% | |
| Treasury Bill | 18.85% | |
| Margin Fixed Deposit | 4.55% | |
| Corporate Bond | 1.82% | |
| Commercial Paper | 0.88% | |
| PTC^ | 0.67% | |
| Certificate of Deposit | 0.06% | |
| Zero Coupon Bond | 0.02% | |
| Net Cash and Cash Equivalent | 6.46% | |
| Grand Total | 100.00% | |
| ^First Business Receivables Trust- wt. avg. mat: 2.15 years (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 27th November 2020
| Consumer Non Durables | 10.43% |
| Finance | 8.42% |
| Banks | 7.12% |
| Auto | 6.06% |
| Pharmaceuticals | 5.94% |
| Petroleum Products | 5.18% |
| Software | 4.40% |
| Telecom - Services | 3.83% |
| Cement | 2.41% |
| Ferrous Metals | 2.40% |
| Construction Project | 2.37% |
| Transportation | 1.80% |
| Chemicals | 1.59% |
| Auto Ancillaries | 1.05% |
| Power | 0.89% |
| Non - Ferrous Metals | 0.57% |
| Consumer Durables | 0.40% |
| Textile Products | 0.37% |
| Industrial Products | 0.34% |
| Minerals/Mining | 0.31% |
| Pesticides | 0.21% |
| Trading | 0.18% |
| Gas 0 | .12% |
| Construction | 0.11% |
| Media & Entertainment | 0.09% |
| Industrial Capital Goods | 0.09% |
Performance based on NAV as on 27/11/2020.. 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 3.40% (FBIL OVERNIGHT MIBOR as on 27th November 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).
