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
: ₹ 11,954.43 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.
: ₹ 11,944.35 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 | 0.33 |
| 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. | 0.51% |
| 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. | 1.41 |
| Portfolio Turnover | |
| Equity | 2.52 |
| Aggregate^ | 15.85 |
| Expense Ratio | |
| Regular | 1.09% |
| Direct | 0.39% |
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 | 24.3422 |
| Regular Plan | Monthly Dividend | 12.7415 |
| Regular Plan | Annual Dividend | 10.9153 |
| Name | Industries | % of NAV |
| Reliance Industries | Petroleum Products | 4.58% |
| Bajaj Finance | Finance | 3.77% |
| Axis Bank | Banks | 3.66% |
| Larsen & Toubro | Construction Project | 3.56% |
| HDFC Bank | Banks | 3.56% |
| HDFC | Finance | 2.91% |
| State Bank of India | Banks | 2.91% |
| ITC | Consumer Non Durables | 2.34% |
| Maruti Suzuki India | Auto | 2.14% |
| Adani Ports and Special Economic Zone | Transportation | 1.92% |
| Asian Paints | Consumer Non Durables | 1.89% |
| Bajaj Finserv | Finance | 1.84% |
| Bharti Airtel | Telecom - Services | 1.75% |
| Sun Pharmaceutical Industries | Pharmaceuticals | 1.73% |
| Grasim Industries | Cement | 1.67% |
| Vedanta | Non - Ferrous Metals | 1.20% |
| Tata Consultancy Services | Software | 0.90% |
| IndusInd Bank | Banks | 0.89% |
| Bharat Petroleum Corporation | Petroleum Products | 0.86% |
| Hindustan Unilever | Consumer Non Durables | 0.86% |
| UPL | Pesticides | 0.83% |
| Dabur India | Consumer Non Durables | 0.81% |
| Marico | Consumer Non Durables | 0.80% |
| Max Financial Services | Finance | 0.74% |
| Tech Mahindra | Software | 0.72% |
| Hero MotoCorp | Auto | 0.72% |
| ACC | Cement | 0.71% |
| Tata Global Beverages | Consumer Non Durables | 0.70% |
| Petronet LNG | Gas | 0.67% |
| Dr. Reddy's Laboratories | Pharmaceuticals | 0.63% |
| Mahindra & Mahindra | Auto | 0.63% |
| Bajaj Auto | Auto | 0.61% |
| Bank of Baroda | Banks | 0.56% |
| Apollo Hospitals Enterprise | Healthcare Services | 0.53% |
| Infosys | Software | 0.51% |
| Titan Company | Consumer Durables | 0.51% |
| Container Corporation of India | Transportation | 0.49% |
| The Federal Bank | Banks | 0.48% |
| Punjab National Bank | Banks | 0.48% |
| Muthoot Finance | Finance | 0.47% |
| M&M Financial Services | Finance | 0.47% |
| JSW Steel | Ferrous Metals | 0.46% |
| United Breweries | Consumer Non Durables | 0.46% |
| Mahanagar Gas | Gas | 0.41% |
| Tata Power Company | Power | 0.41% |
| Manappuram Finance | Finance | 0.40% |
| Havells India | Consumer Durables | 0.37% |
| Shree Cement | Cement | 0.36% |
| Adani Enterprises | Trading | 0.36% |
| Tata Chemicals | Chemicals | 0.35% |
| Aurobindo Pharma | Pharmaceuticals | 0.31% |
| Adani Power | Power | 0.28% |
| Tata Motors DVR Shares | Auto | 0.28% |
| Hindalco Industries | Non - Ferrous Metals | 0.28% |
| Escorts | Auto | 0.27% |
| Bharat Heavy Electricals | Industrial Capital Goods | 0.26% |
| Exide Industries | Auto Ancillaries | 0.24% |
| Equitas Holdings | Finance | 0.24% |
| United Spirits | Consumer Non Durables | 0.23% |
| Tata Motors | Auto | 0.23% |
| LIC Housing Finance | Finance | 0.22% |
| Castrol India | Petroleum Products | 0.22% |
| InterGlobe Aviation | Transportation | 0.22% |
| Name | Industries | % of NAV |
| Voltas | Consumer Durables | 0.22% |
| Canara Bank | Banks | 0.20% |
| UltraTech Cement | Cement | 0.19% |
| ICICI Bank | Banks | 0.19% |
| Pidilite Industries | Chemicals | 0.19% |
| Kotak Mahindra Bank | Banks | 0.18% |
| NCC | Construction Project | 0.18% |
| Lupin | Pharmaceuticals | 0.17% |
| DLF | Construction | 0.17% |
| Zee Entertainment Enterprises | Media & Entertainment | 0.15% |
| Ujjivan Financial Services | Finance | 0.14% |
| Power Finance Corporation | Finance | 0.13% |
| Steel Authority of India | Ferrous Metals | 0.12% |
| NBCC (India) | Construction | 0.12% |
| CESC | Power | 0.12% |
| Jindal Steel & Power | Ferrous Metals | 0.11% |
| Eicher Motors | Auto | 0.11% |
| Colgate Palmolive (India) | Consumer Non Durables | 0.11% |
| Century Textiles & Industries | Paper | 0.10% |
| Bata India | Consumer Durables | 0.10% |
| GMR Infrastructure | Construction Project | 0.09% |
| Motherson Sumi Systems | Auto Ancillaries | 0.09% |
| PVR | Media & Entertainment | 0.09% |
| Cadila Healthcare | Pharmaceuticals | 0.09% |
| Sun TV Network | Media & Entertainment | 0.08% |
| Cummins India | Industrial Products | 0.08% |
| ICICI Prudential Life Insurance Company | Finance | 0.08% |
| HCL Technologies | Software | 0.07% |
| Amara Raja Batteries | Auto Ancillaries | 0.07% |
| Cipla | Pharmaceuticals | 0.07% |
| Torrent Power | Power | 0.06% |
| Godrej Consumer Products | Consumer Non Durables | 0.06% |
| Ambuja Cements | Cement | 0.06% |
| NMDC | Minerals/Mining | 0.05% |
| Ashok Leyland | Auto | 0.05% |
| SRF | Textile Products | 0.04% |
| Vodafone Idea | Telecom - Services | 0.04% |
| Shriram Transport Finance Company | Finance | 0.04% |
| Bharat Electronics | Industrial Capital Goods | 0.04% |
| Glenmark Pharmaceuticals | Pharmaceuticals | 0.04% |
| Siemens | Industrial Capital Goods | 0.04% |
| Tata Steel | Ferrous Metals | 0.03% |
| Cholamandalam Invt and Fin Co | Finance | 0.02% |
| The Ramco Cements | Cement | 0.02% |
| Divi's Laboratories | Pharmaceuticals | 0.02% |
| Britannia Industries | Consumer Non Durables | 0.01% |
| Nestle India | Consumer Non Durables | 0.01% |
| MRF | Auto Ancillaries | 0.01% |
| GAIL (India) | Gas | 0.01% |
| Torrent Pharmaceuticals | Pharmaceuticals | 0.002% |
| Hindustan Petroleum Corporation | Petroleum Products | 0.001% |
| Dish TV India | Media & Entertainment | 0.0003% |
| Total Hedged Equity | 69.32% | |
| Margin Fixed Deposit | 18.76% | |
| Corporate Bond | 9.52% | |
| Certificate of Deposit | 1.43% | |
| Zero Coupon Bond | 0.16% | |
| PTC^ | 0.43% | |
| Net Cash and Cash Equivalent | 0.38% | |
| 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 31st December 2019
| Banks | 13.12% |
| Finance | 11.48% |
| Consumer Non Durables | 8.28% |
| Petroleum Products | 5.67% |
| Auto | 5.03% |
| Construction Project | 3.84% |
| Pharmaceuticals | 3.05% |
| Cement | 3.01% |
| Transportation | 2.63% |
| Software | 2.20% |
| Telecom - Services | 1.79% |
| Non - Ferrous Metals | 1.48% |
| Consumer Durables | 1.19% |
| Gas | 1.08% |
| Power | 0.87% |
| Pesticides | 0.83% |
| Ferrous Metals | 0.72% |
| Chemicals | 0.53% |
| Healthcare Services | 0.53% |
| Auto Ancillaries | 0.41% |
| Trading | 0.36% |
| Industrial Capital Goods | 0.33% |
| Media & Entertainment | 0.32% |
| Construction | 0.29% |
| Paper | 0.10% |
| Industrial Products | 0.08% |
| Minerals/Mining | 0.05% |
| Textile Products | 0.04% |
Performance based on NAV as on 31/12/2019. 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 5.26% (FBIL OVERNIGHT MIBOR as on 31st December 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.
