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
: ₹ 6,871.93 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.
: ₹ 6,755.62 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. | 0.66 |
| R Square | 0.56 |
| 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. | 0.84% |
| 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. | 1.93 |
| Portfolio Turnover | |
| Equity | 2.48 |
| Aggregate^ | 13.06 |
| Total Expense Ratio | |
| Regular | 0.97% |
| Direct | 0.37% |
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, IDCW@ - (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.
(w.e.f 01st July 2016)
NAV (₹) as on March 31, 2021
| Regular Plan | Growth | 25.4754 |
| Regular Plan | Monthly IDCW@ | 12.8334 |
| Regular Plan | Annual IDCW@ | 10.5102 |
| Name | Industries | % of NAV |
| ICICI Bank | Banks | 4.26% |
| Sun Pharmaceutical Industries | Pharmaceuticals | 3.71% |
| Bharti Airtel | Telecom - Services | 3.34% |
| Adani Ports and Special Economic Zone | Transportation | 3.12% |
| HDFC | Finance | 2.82% |
| Larsen & Toubro | Construction Project | 2.75% |
| ITC | Consumer Non Durables | 2.73% |
| Asian Paints | Consumer Non Durables | 2.37% |
| Tata Steel | Ferrous Metals | 2.04% |
| State Bank of India | Banks | 2.03% |
| Axis Bank | Banks | 1.86% |
| Infosys | Software | 1.86% |
| Bajaj Auto | Auto | 1.42% |
| Colgate Palmolive (India) | Consumer Non Durables | 1.41% |
| Maruti Suzuki India | Auto | 1.24% |
| Tech Mahindra | Software | 1.18% |
| Tata Power Company | Power | 1.11% |
| Pidilite Industries | Chemicals | 1.07% |
| Tata Motors | Auto | 1.02% |
| JSW Steel | Ferrous Metals | 0.89% |
| Tata Consultancy Services | Software | 0.85% |
| Bajaj Finserv | Insurance | 0.82% |
| ACC | Cement & Cement Products | 0.79% |
| Info Edge (India) | Retailing | 0.76% |
| United Spirits | Consumer Non Durables | 0.75% |
| Steel Authority of India | Ferrous Metals | 0.72% |
| Divi's Laboratories | Pharmaceuticals | 0.68% |
| Tata Chemicals | Chemicals | 0.68% |
| NTPC | Power | 0.68% |
| Titan Company | Consumer Durables | 0.66% |
| Dabur India | Consumer Non Durables | 0.62% |
| UPL | Pesticides | 0.62% |
| Adani Enterprises | Minerals/Mining | 0.60% |
| Lupin | Pharmaceuticals | 0.60% |
| IndusInd Bank | Banks | 0.58% |
| Exide Industries | Auto Ancillaries | 0.58% |
| The Federal Bank | Banks | 0.54% |
| Indian Oil Corporation | Petroleum Products | 0.52% |
| Eicher Motors | Auto | 0.46% |
| Power Grid Corporation of India | Power | 0.44% |
| Tata Consumer Products | Consumer Non Durables | 0.43% |
| Apollo Tyres | Auto Ancillaries | 0.41% |
| SRF | Chemicals | 0.39% |
| Wipro | Software | 0.38% |
| Havells India | Consumer Durables | 0.38% |
| Ambuja Cements | Cement & Cement Products | 0.37% |
| Cipla | Pharmaceuticals | 0.34% |
| Sun TV Network | Entertainment | 0.33% |
| GMR Infrastructure | Construction Project | 0.31% |
| Page Industries | Textile Products | 0.30% |
| Ashok Leyland | Auto | 0.28% |
| Dr. Reddy's Laboratories | Pharmaceuticals | 0.27% |
| Bharat Electronics | Aerospace & Defense | 0.26% |
| Canara Bank | Banks | 0.23% |
| Kotak Mahindra Bank | Banks | 0.23% |
| Max Financial Services | Insurance | 0.23% |
| Reliance Industries | Petroleum Products | 0.23% |
| Voltas | Consumer Durables | 0.23% |
| Berger Paints (I) | Consumer Non Durables | 0.23% |
| Bharat Petroleum Corporation | Petroleum Products | 0.22% |
| Hindustan Petroleum Corporation | Petroleum Products | 0.22% |
| Hindustan Unilever | Consumer Non Durables | 0.21% |
| Grasim Industries | Cement & Cement Products | 0.20% |
| Torrent Pharmaceuticals | Pharmaceuticals | 0.20% |
| The Ramco Cements | Cement & Cement Products | 0.20% |
| Nestle India | Consumer Non Durables | 0.19% |
| Marico | Consumer Non Durables | 0.18% |
| Godrej Consumer Products | Consumer Non Durables | 0.17% |
| National Aluminium Company | Non - Ferrous Metals | 0.17% |
| Hindalco Industries | Non - Ferrous Metals | 0.16% |
| Motherson Sumi Systems | Auto Ancillaries | 0.15% |
| Name | Industries | % of NAV |
| Bharat Heavy Electricals | Industrial Capital Goods | 0.15% |
| ICICI Prudential Life Insurance Company | Insurance | 0.15% |
| Container Corporation of India | Transportation | 0.14% |
| Manappuram Finance | Finance | 0.14% |
| Petronet LNG | Gas | 0.13% |
| Mahindra & Mahindra | Auto | 0.13% |
| GAIL (India) | Gas | 0.12% |
| Indraprastha Gas | Gas | 0.11% |
| Biocon | Pharmaceuticals | 0.11% |
| DLF | Construction | 0.11% |
| ICICI Lombard General Insurance Company | Insurance | 0.11% |
| HCL Technologies | Software | 0.10% |
| Apollo Hospitals Enterprise | Healthcare Services | 0.10% |
| Zee Entertainment Enterprises | Entertainment | 0.10% |
| Bajaj Finance | Finance | 0.10% |
| Escorts | Auto | 0.10% |
| Shree Cement | Cement & Cement Products | 0.09% |
| REC | Finance | 0.09% |
| NMDC | Minerals/Mining | 0.08% |
| UltraTech Cement | Cement & Cement Products | 0.08% |
| Bandhan Bank | Banks | 0.08% |
| Bank of Baroda | Banks | 0.08% |
| Cadila Healthcare | Pharmaceuticals | 0.08% |
| Power Finance Corporation | Finance | 0.08% |
| Indus Towers | Telecom - Equipment & Accessories | 0.07% |
| Bata India | Consumer Durables | 0.07% |
| HDFC Life Insurance Company | Insurance | 0.06% |
| MRF | Auto Ancillaries | 0.06% |
| Torrent Power | Power | 0.05% |
| Shriram Transport Finance Company | Finance | 0.05% |
| Balkrishna Industries | Auto Ancillaries | 0.05% |
| Bharat Forge | Industrial Products | 0.04% |
| Aurobindo Pharma | Pharmaceuticals | 0.04% |
| Glenmark Pharmaceuticals | Pharmaceuticals | 0.04% |
| TVS Motor Company | Auto | 0.04% |
| Jindal Steel & Power | Ferrous Metals | 0.03% |
| HDFC Bank | Banks | 0.03% |
| SBI Life Insurance Company | Insurance | 0.03% |
| Coal India | Minerals/Mining | 0.03% |
| Mahanagar Gas | Gas | 0.02% |
| Britannia Industries | Consumer Non Durables | 0.02% |
| Granules India | Pharmaceuticals | 0.02% |
| City Union Bank | Banks | 0.02% |
| Bosch | Auto Ancillaries | 0.02% |
| LIC Housing Finance | Finance | 0.02% |
| Indian Railway Catering And Tourism Corporation | Transportation | 0.01% |
| Alkem Laboratories | Pharmaceuticals | 0.01% |
| Larsen & Toubro Infotech | Software | 0.01% |
| Aarti Industries | Chemicals | 0.01% |
| Amara Raja Batteries | Auto Ancillaries | 0.01% |
| Jubilant Foodworks Leisure | Services | 0.01% |
| MindTree | Software | 0.01% |
| L&T Technology Services Engineering | Services | 0.005% |
| Siemens | Industrial Capital Goods | 0.005% |
| AU Small Finance Bank | Banks | 0.003% |
| HDFC Asset Management Compan | Capital Markets | 0.002% |
| Punjab National Bank | Banks | 0.001% |
| Total Hedged Equity | 66.73% | |
| Treasury Bill | 23.09% | |
| Corporate Bond | 3.32% | |
| PTC^ | 0.64% | |
| Zero Coupon Bond | 0.02% | |
| Net Cash and Cash Equivalent | 6.19% | |
| Grand Total | 100.00% | |
| ^First Business Receivables Trust- wt. avg. mat: 2.03 years (PTC originated by Reliance Industries Limited) | ||
Past performance may or may not be sustained in future.IDCW@ 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 March 2021
| Banks | 9.96% |
| Consumer Non Durables | 9.32% |
| Pharmaceuticals | 6.10% |
| Auto | 4.68% |
| Software | 4.38% |
| Ferrous Metals | 3.68% |
| Telecom - Services | 3.34% |
| Finance | 3.29% |
| Transportation | 3.27% |
| Construction Project | 3.06% |
| Power | 2.28% |
| Chemicals | 2.14% |
| Cement & Cement Products | 1.72% |
| Insurance | 1.40% |
| Consumer Durables | 1.34% |
| Auto Ancillaries | 1.26% |
| Petroleum Products | 1.19% |
| Retailing | 0.76% |
| Minerals/Mining | 0.71% |
| Pesticides | 0.62% |
| Entertainment | 0.43% |
| Gas | 0.39% |
| Non - Ferrous Metals | 0.33% |
| Textile Products | 0.30% |
| Aerospace & Defense | 0.26% |
| Industrial Capital Goods | 0.15% |
| Construction | 0.11% |
| Healthcare Services | 0.10% |
| Telecom - Equipment & Accessories | 0.07% |
| Industrial Products | 0.04% |
| Leisure Services | 0.01% |
| Engineering Services | 0.005% |
| Capital Markets | 0.002% |
Performance based on NAV as on 31/03/2021. 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 3.50% (FBIL OVERNIGHT MIBOR as on 31st March 2021). 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).
