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
: ₹ 12,170.99 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.
: ₹ 12,224.38 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. | 0.44 |
| R Square | 0.32 |
| 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. | 0.50% |
| 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. | 2.01 |
| Portfolio Turnover | |
| Equity | 2.51 |
| Aggregate^ | 15.54 |
| Expense Ratio | |
| Regular | 1.07% |
| Direct | 0.27% |
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 | 24.4800 |
| Regular Plan | Monthly Dividend | 12.7603 |
| Regular Plan | Annual Dividend | 10.9770 |
| Name | Industries | % of NAV |
| Bharti Airtel | Telecom - Services | 3.96% |
| Larsen & Toubro | Construction Project | 3.58% |
| State Bank of India | Banks | 2.66% |
| Axis Bank | Banks | 2.49% |
| ITC | Consumer Non Durables | 2.47% |
| Bajaj Finance | Finance | 2.39% |
| HDFC Bank | Banks | 2.37% |
| HDFC | Finance | 2.32% |
| IndusInd Bank | Banks | 2.32% |
| Reliance Industries | Petroleum Products | 2.31% |
| ICICI Bank | Banks | 2.04% |
| Maruti Suzuki India | Auto | 1.92% |
| Asian Paints | Consumer Non Durables | 1.83% |
| Grasim Industries | Cement | 1.74% |
| Sun Pharmaceutical Industries | Pharmaceuticals | 1.58% |
| Tata Consultancy Services | Software | 1.49% |
| Bajaj Finserv | Finance | 1.38% |
| Adani Ports and Special Economic Zone | Transportation | 1.25% |
| Vedanta | Non - Ferrous Metals | 1.09% |
| Dabur India | Consumer Non Durables | 1.02% |
| ACC | Cement | 0.82% |
| Tech Mahindra | Software | 0.81% |
| UPL | Pesticides | 0.78% |
| Bharat Petroleum Corporation | Petroleum Products | 0.77% |
| Infosys | Software | 0.76% |
| Titan Company | Consumer Durables | 0.71% |
| Hindalco Industries | Non - Ferrous Metals | 0.67% |
| Max Financial Services | Finance | 0.67% |
| Petronet LNG | Gas | 0.64% |
| Marico | Consumer Non Durables | 0.64% |
| Colgate Palmolive (India) | Consumer Non Durables | 0.60% |
| Dr. Reddy's Laboratories | Pharmaceuticals | 0.60% |
| United Breweries | Consumer Non Durables | 0.55% |
| Container Corporation of India | Transportation | 0.53% |
| JSW Steel | Ferrous Metals | 0.51% |
| M&M Financial Services | Finance | 0.51% |
| Bajaj Auto | Auto | 0.50% |
| The Federal Bank | Banks | 0.49% |
| Muthoot Finance | Finance | 0.48% |
| Havells India | Consumer Durables | 0.46% |
| Nestle India | Consumer Non Durables | 0.45% |
| Punjab National Bank | Banks | 0.44% |
| Mahindra & Mahindra | Auto | 0.43% |
| Manappuram Finance | Finance | 0.43% |
| Adani Enterprises | Trading | 0.39% |
| Apollo Hospitals Enterprise | Healthcare Services | 0.38% |
| Bank of Baroda | Banks | 0.38% |
| Tata Power Company | Power | 0.37% |
| UltraTech Cement | Cement | 0.35% |
| Tata Chemicals | Chemicals | 0.33% |
| Tata Global Beverages | Consumer Non Durables | 0.32% |
| Tata Steel | Ferrous Metals | 0.32% |
| Piramal Enterprises | Pharmaceuticals | 0.30% |
| United Spirits | Consumer Non Durables | 0.30% |
| Voltas | Consumer Durables | 0.28% |
| Bata India | Consumer Durables | 0.28% |
| Adani Power | Power | 0.27% |
| Exide Industries | Auto Ancillaries | 0.26% |
| Kotak Mahindra Bank | Banks | 0.25% |
| InterGlobe Aviation | Transportation | 0.25% |
| Jindal Steel & Power | Ferrous Metals | 0.25% |
| Equitas Holdings | Finance | 0.25% |
| Name | Industries | % of NAV |
| Lupin | Pharmaceuticals | 0.23% |
| Shree Cement | Cement | 0.23% |
| Aurobindo Pharma | Pharmaceuticals | 0.22% |
| Canara Bank | Banks | 0.21% |
| DLF | Construction | 0.20% |
| Britannia Industries | Consumer Non Durables | 0.17% |
| NCC | Construction Project | 0.17% |
| Amara Raja Batteries | Auto Ancillaries | 0.16% |
| ICICI Prudential Life Insurance Company | Finance | 0.16% |
| HCL Technologies | Software | 0.16% |
| Century Textiles & Industries | Paper | 0.15% |
| Ujjivan Financial Services | Finance | 0.15% |
| Cholamandalam Invt and Fin Co | Finance | 0.15% |
| Shriram Transport Finance Company | Finance | 0.14% |
| Godrej Consumer Products | Consumer Non Durables | 0.14% |
| Tata Motors | Auto | 0.13% |
| Steel Authority of India | Ferrous Metals | 0.13% |
| Sun TV Network | Media & Entertainment | 0.13% |
| Cipla | Pharmaceuticals | 0.12% |
| Ambuja Cements | Cement | 0.11% |
| The Ramco Cements | Cement | 0.11% |
| GMR Infrastructure | Construction Project | 0.10% |
| PVR | Media & Entertainment | 0.09% |
| Cummins India | Industrial Products | 0.09% |
| Escorts | Auto | 0.09% |
| Mahanagar Gas | Gas | 0.08% |
| Ashok Leyland | Auto | 0.08% |
| Siemens | Industrial Capital Goods | 0.08% |
| Torrent Power | Power | 0.08% |
| LIC Housing Finance | Finance | 0.07% |
| Cadila Healthcare | Pharmaceuticals | 0.06% |
| Glenmark Pharmaceuticals | Pharmaceuticals | 0.06% |
| Hindustan Unilever | Consumer Non Durables | 0.06% |
| REC | Finance | 0.05% |
| SRF | Textile Products | 0.05% |
| Motherson Sumi Systems | Auto Ancillaries | 0.04% |
| Pidilite Industries | Chemicals | 0.04% |
| Divi's Laboratories | Pharmaceuticals | 0.04% |
| Bharat Electronics | Industrial Capital Goods | 0.03% |
| MRF | Auto Ancillaries | 0.03% |
| Wipro | Software | 0.02% |
| Zee Entertainment Enterprises | Media & Entertainment | 0.02% |
| Bharat Heavy Electricals | Industrial Capital Goods | 0.02% |
| GAIL (India) | Gas | 0.02% |
| Apollo Tyres | Auto Ancillaries | 0.02% |
| Torrent Pharmaceuticals | Pharmaceuticals | 0.01% |
| Bosch | Auto Ancillaries | 0.01% |
| Hindustan Petroleum Corporation | Petroleum Products | 0.003% |
| CESC | Power | 0.001% |
| Eicher Motors | Auto | 0.001% |
| Total Hedged Equity | 66.68% | |
| Margin Fixed Deposit | 18.95% | |
| Corporate Bond | 5.95% | |
| Commercial Paper | 1.57% | |
| Certificate of Deposit | 1.31% | |
| PTC^ | 0.42% | |
| Zero Coupon Bond | 0.16% | |
| Net Cash and Cash Equivalent | 4.96% | |
| 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 January 2020
| Banks | 13.65% |
| Finance | 9.14% |
| Consumer Non Durables | 8.54% |
| Telecom - Services | 3.96% |
| Construction Project | 3.86% |
| Cement | 3.35% |
| Software | 3.25% |
| Pharmaceuticals | 3.23% |
| Auto | 3.14% |
| Petroleum Products | 3.08% |
| Transportation | 2.04% |
| Non - Ferrous Metals | 1.76% |
| Consumer Durables | 1.73% |
| Ferrous Metals | 1.21% |
| Pesticides | 0.78% |
| Gas | 0.75% |
| Power | 0.72% |
| Auto Ancillaries | 0.50% |
| Trading | 0.39% |
| Healthcare Services | 0.38% |
| Chemicals | 0.37% |
| Media & Entertainment | 0.24% |
| Construction | 0.20% |
| Paper | 0.15% |
| Industrial Capital Goods | 0.12% |
| Industrial Products | 0.09% |
| Textile Products | 0.05% |
Performance based on NAV as on 31/01/2020. 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 5.05% (FBIL OVERNIGHT MIBOR as on 31st January 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.
