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
: ₹ 7,284.26 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.
: ₹ 7,807.28 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. | 0.45 |
| R Square | 0.25 |
| 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. | 0.60% |
| 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. | 3.43 |
| Portfolio Turnover | |
| Equity | 2.73 |
| Aggregate^ | 14.65 |
| Expense Ratio | |
| Regular | 1.08% |
| Direct | 0.30% |
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 | 24.9825 |
| Regular Plan | Monthly Dividend | 12.8070 |
| Regular Plan | Annual Dividend | 10.3063 |
| Name | Industries | % of NAV |
| Hindustan Unilever | Consumer Non Durables | 8.81% |
| Bharti Airtel | Telecom - Services | 7.18% |
| Infosys | Software | 5.31% |
| HDFC | Finance | 4.81% |
| ICICI Bank | Banks | 4.33% |
| Sun Pharmaceutical Industries | Pharmaceuticals | 1.92% |
| Tech Mahindra | Software | 1.84% |
| Lupin | Pharmaceuticals | 1.70% |
| Larsen & Toubro | Construction Project | 1.50% |
| Reliance Industries | Petroleum Products | 1.46% |
| Axis Bank | Banks | 1.46% |
| Tata Consultancy Services | Software | 1.34% |
| State Bank of India | Banks | 1.08% |
| Cipla | Pharmaceuticals | 1.08% |
| Divi's Laboratories | Pharmaceuticals | 0.98% |
| Vedanta | Non - Ferrous Metals | 0.98% |
| Marico | Consumer Non Durables | 0.98% |
| Grasim Industries | Cement | 0.95% |
| Maruti Suzuki India | Auto | 0.92% |
| Nestle India | Consumer Non Durables | 0.81% |
| Wipro | Software | 0.78% |
| Adani Ports and Special Economic Zone | Transportation | 0.76% |
| Tata Motors | Auto | 0.70% |
| Kotak Mahindra Bank | Banks | 0.69% |
| Coal India | Minerals/Mining | 0.65% |
| HDFC Bank | Banks | 0.65% |
| Power Grid Corporation of India | Power | 0.65% |
| Siemens | Industrial Capital Goods | 0.64% |
| Dr. Reddy's Laboratories | Pharmaceuticals | 0.63% |
| DLF | Construction | 0.62% |
| Indian Oil Corporation | Petroleum Products | 0.60% |
| NTPC | Power | 0.52% |
| SBI Life Insurance Company | Finance | 0.51% |
| Eicher Motors | Auto | 0.46% |
| Torrent Pharmaceuticals | Pharmaceuticals | 0.45% |
| Dabur India | Consumer Non Durables | 0.45% |
| HCL Technologies | Software | 0.44% |
| Bata India | Consumer Durables | 0.43% |
| REC | Finance | 0.43% |
| Havells India | Consumer Durables | 0.42% |
| JSW Steel | Ferrous Metals | 0.42% |
| Power Finance Corporation | Finance | 0.42% |
| UltraTech Cement | Cement | 0.39% |
| Colgate Palmolive (India) | Consumer Non Durables | 0.38% |
| Voltas | Consumer Durables | 0.35% |
| Godrej Consumer Products | Consumer Non Durables | 0.33% |
| NMDC | Minerals/Mining | 0.32% |
| Bajaj Auto | Auto | 0.31% |
| Container Corporation of India | Transportation | 0.30% |
| Petronet LNG | Gas | 0.29% |
| Bharat Petroleum Corporation | Petroleum Products | 0.25% |
| IndusInd Bank | Banks | 0.25% |
| Cadila Healthcare | Pharmaceuticals | 0.24% |
| Ambuja Cements | Cement | 0.24% |
| Biocon | Pharmaceuticals | 0.22% |
| Titan Company | Consumer Durables | 0.20% |
| Mahanagar Gas | Gas | 0.20% |
| Shree Cement | Cement | 0.19% |
| Exide Industries | Auto Ancillaries | 0.19% |
| Bosch | Auto Ancillaries | 0.18% |
| Hindalco Industries | Non - Ferrous Metals | 0.18% |
| Name | Industries | % of NAV |
| Bharat Electronics | Industrial Capital Goods | 0.18% |
| Amara Raja Batteries | Auto Ancillaries | 0.17% |
| ACC | Cement | 0.16% |
| Info Edge (India) | Software | 0.14% |
| Pidilite Industries | Chemicals | 0.14% |
| SRF | Industrial Products | 0.14% |
| Adani Power | Power | 0.14% |
| HDFC Life Insurance Company | Finance | 0.13% |
| Sun TV Network | Media & Entertainment | 0.13% |
| GMR Infrastructure | Construction Project | 0.12% |
| MRF | Auto Ancillaries | 0.11% |
| Bharat Heavy Electricals | Industrial Capital Goods | 0.11% |
| Tata Steel | Ferrous Metals | 0.11% |
| Apollo Tyres | Auto Ancillaries | 0.09% |
| Indraprastha Gas | Gas | 0.09% |
| Bajaj Finserv | Finance | 0.07% |
| United Spirits | Consumer Non Durables | 0.07% |
| The Federal Bank | Banks | 0.06% |
| Jindal Steel & Power | Ferrous Metals | 0.06% |
| Aurobindo Pharma | Pharmaceuticals | 0.05% |
| United Breweries | Consumer Non Durables | 0.05% |
| Hero MotoCorp | Auto | 0.04% |
| Cummins India | Industrial Products | 0.04% |
| Adani Enterprises | Trading | 0.04% |
| Century Textiles & Industries | Paper | 0.04% |
| Zee Entertainment Enterprises | Media & Entertainment | 0.03% |
| Cholamandalam Invt and Fin Co | Finance | 0.03% |
| GAIL (India) | Gas | 0.03% |
| Hindustan Petroleum Corporation | Petroleum Products | 0.02% |
| Canara Bank | Banks | 0.02% |
| Bharat Forge | Industrial Products | 0.02% |
| ICICI Prudential Life Insurance Company | Finance | 0.02% |
| Glenmark Pharmaceuticals | Pharmaceuticals | 0.01% |
| M&M Financial Services | Finance | 0.01% |
| Berger Paints (I) | Consumer Non Durables | 0.01% |
| Asian Paints | Consumer Non Durables | 0.01% |
| Motherson Sumi Systems | Auto Ancillaries | 0.01% |
| Mahindra & Mahindra | Auto | 0.01% |
| Godrej Properties | Construction | 0.003% |
| Max Financial Services | Finance | 0.002% |
| Manappuram Finance | Finance | 0.001% |
| Bank of Baroda | Banks | 0.001% |
| National Aluminium Company | Non - Ferrous Metals | 0.0004% |
| Total Hedged Equity | 69.49% | |
| Margin Fixed Deposit | 23.30% | |
| Corporate Bond | 5.15% | |
| State Government Bond | 2.55% | |
| Certificate of Deposit | 0.82% | |
| Commercial Paper | 0.30% | |
| PTC^ | 0.64% | |
| Zero Coupon Bond | 0.02% | |
| Net Cash and Cash Equivalent - | -2.27% | |
| 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 29th May 2020
| Consumer Non Durables | 11.88% |
| Software | 9.86% |
| Banks | 8.54% |
| Pharmaceuticals | 7.28% |
| Telecom - Services | 7.18% |
| Finance | 6.43% |
| Auto | 2.44% |
| Petroleum Products | 2.33% |
| Cement | 1.93% |
| Construction Project | 1.62% |
| Consumer Durables | 1.41% |
| Power | 1.30% |
| Non - Ferrous Metals | 1.16% |
| Transportation | 1.06% |
| Minerals/Mining | 0.97% |
| Industrial Capital Goods | 0.92% |
| Auto Ancillaries | 0.75% |
| Construction | 0.62% |
| Gas | 0.61% |
| Ferrous Metals | 0.59% |
| Industrial Products | 0.19% |
| Media & Entertainment | 0.16% |
| Chemicals | 0.14% |
| Trading | 0.04% |
| Paper | 0.04% |
Performance based on NAV as on 29/05/2020. 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 4.04% (FBIL OVERNIGHT MIBOR as on 29th May 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).
