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
: ₹ 7,270.54 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.
: ₹ 7,314.38 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. | 0.68 |
| R Square | 0.61 |
| 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. | 1.89 |
| Portfolio Turnover | |
| Equity | 2.48 |
| Aggregate^ | 13.05 |
| Total Expense Ratio | |
| Regular | 1.05% |
| 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 July 30, 2021
| Regular Plan | Growth | 25.8476 |
| Regular Plan | Monthly IDCW@ | 12.9128 |
| Regular Plan | Annual IDCW@ | 10.6638 |
| Name | Industries | % of NAV |
| Adani Ports and Special Economic Zone | Transportation | 2.94% |
| ITC | Consumer Non Durables | 2.85% |
| Vedanta | Non - Ferrous Metals | 2.23% |
| Tech Mahindra | Software | 2.08% |
| Bajaj Finance | Finance | 2.07% |
| JSW Steel | Ferrous Metals | 2.05% |
| HDFC Life Insurance Company | Insurance | 1.97% |
| HDFC Bank | Banks | 1.96% |
| Bharti Airtel | Telecom - Services | 1.93% |
| State Bank of India | Banks | 1.82% |
| Hero MotoCorp | Auto | 1.81% |
| Tata Steel | Ferrous Metals | 1.79% |
| Reliance Industries | Petroleum Products | 1.69% |
| Steel Authority of India | Ferrous Metals | 1.65% |
| ICICI Bank | Banks | 1.56% |
| Jindal Steel & Power | Ferrous Metals | 1.54% |
| Tata Consultancy Services | Software | 1.48% |
| Zee Entertainment Enterprises | Entertainment | 1.42% |
| NMDC | Minerals/Mining | 1.41% |
| Larsen & Toubro | Construction Project | 1.41% |
| The Federal Bank | Banks | 1.32% |
| Muthoot Finance | Finance | 1.23% |
| Cadila Healthcare | Pharmaceuticals | 1.10% |
| Tata Power Company | Power | 1.10% |
| ACC | Cement & Cement Products | 1.07% |
| Cholamandalam Invt and Fin Co | Finance | 1.04% |
| Sun Pharmaceutical Industries | Pharmaceuticals | 1.04% |
| Kotak Mahindra Bank | Banks | 0.94% |
| Biocon | Pharmaceuticals | 0.74% |
| Lupin | Pharmaceuticals | 0.71% |
| National Aluminium Company | Non - Ferrous Metals | 0.71% |
| Bank of Baroda | Banks | 0.69% |
| United Spirits | Consumer Non Durables | 0.61% |
| Shriram Transport Finance Company | Finance | 0.61% |
| Escorts | Auto | 0.58% |
| Tata Chemicals | Chemicals | 0.57% |
| Adani Enterprises | Minerals/Mining | 0.57% |
| Max Financial Services | Insurance | 0.55% |
| Amara Raja Batteries | Auto Ancillaries | 0.54% |
| Apollo Hospitals Enterprise | Healthcare Services | 0.51% |
| UPL | Pesticides | 0.48% |
| Mahindra & Mahindra | Auto | 0.46% |
| SRF | Chemicals | 0.45% |
| Petronet LNG | Gas | 0.43% |
| Dr. Reddy's Laboratories | Pharmaceuticals | 0.40% |
| Apollo Tyres | Auto Ancillaries | 0.40% |
| HDFC | Finance | 0.40% |
| Punjab National Bank | Banks | 0.39% |
| ICICI Prudential Life Insurance Company | Insurance | 0.38% |
| Bata India | Consumer Durables | 0.38% |
| Indraprastha Gas | Gas | 0.36% |
| Havells India | Consumer Durables | 0.35% |
| Siemens | Industrial Capital Goods | 0.35% |
| LIC Housing Finance | Finance | 0.34% |
| Asian Paints | Consumer Non Durables | 0.34% |
| Granules India | Pharmaceuticals | 0.33% |
| Bajaj Auto | Auto | 0.33% |
| Container Corporation of India | Transportation | 0.32% |
| Indus Towers | Telecom - Services | 0.31% |
| Sun TV Network | Entertainment | 0.30% |
| MindTree | Software | 0.27% |
| Canara Bank | Banks | 0.26% |
| Titan Company | Consumer Durables | 0.26% |
| Tata Motors | Auto | 0.26% |
| L&T Finance Holdings | Finance | 0.26% |
| Dabur India | Consumer Non Durables | 0.24% |
| Exide Industries | Auto Ancillaries | 0.24% |
| HCL Technologies | Software | 0.21% |
| Torrent Pharmaceuticals | Pharmaceuticals | 0.20% |
| Aurobindo Pharma | Pharmaceuticals | 0.19% |
| Voltas | Consumer Durables | 0.18% |
| Bandhan Bank | Banks | 0.17% |
| Larsen & Toubro Infotech | Software | 0.17% |
| Pidilite Industries | Chemicals | 0.17% |
| Deepak Nitrite | Chemicals | 0.15% |
| Hindustan Petroleum Corporation | Petroleum Products | 0.14% |
| Hindustan Unilever | Consumer Non Durables | 0.13% |
| Bharat Forge | Industrial Products | 0.13% |
| Bharat Petroleum Corporation | Petroleum Products | 0.12% |
| M&M Financial Services | Finance | 0.11% |
| Axis Bank | Banks | 0.11% |
| Pfizer | Pharmaceuticals | 0.10% |
| Piramal Enterprises | Finance | 0.10% |
| Name | Industries | % of NAV |
| Cipla | Pharmaceuticals | 0.10% |
| Trent | Retailing | 0.09% |
| Shree Cement | Cement & Cement Products | 0.08% |
| MRF | Auto Ancillaries | 0.08% |
| Info Edge (India) | Retailing | 0.08% |
| Alkem Laboratories | Pharmaceuticals | 0.07% |
| PI Industries | Pesticides | 0.07% |
| Power Finance Corporation | Finance | 0.07% |
| Bosch | Auto Ancillaries | 0.07% |
| L&T Technology Services | Software | 0.07% |
| Jubilant Foodworks | Leisure Services | 0.07% |
| Infosys | Software | 0.06% |
| Bharat Heavy Electricals | Industrial Capital Goods | 0.06% |
| Divi's Laboratories | Pharmaceuticals | 0.06% |
| Coromandel International | Fertilisers | 0.05% |
| TVS Motor Company | Auto | 0.05% |
| Hindalco Industries | Non - Ferrous Metals | 0.05% |
| Glenmark Pharmaceuticals | Pharmaceuticals | 0.05% |
| Ashok Leyland | Auto | 0.04% |
| City Union Bank | Banks | 0.04% |
| Tata Consumer Products | Consumer Non Durables | 0.04% |
| UltraTech Cement | Cement & Cement Products | 0.04% |
| Mahanagar Gas | Gas | 0.04% |
| Nippon Life India Asset Management | Capital Markets | 0.04% |
| GAIL (India) | Gas | 0.03% |
| Berger Paints (I) | Consumer Non Durables | 0.03% |
| Cummins India | Industrial Products | 0.03% |
| Indian Railway Catering And Tourism Corporation | Transportation | 0.03% |
| Page Industries | Textile Products | 0.03% |
| Maruti Suzuki India | Auto | 0.03% |
| Godrej Consumer Products | Consumer Non Durables | 0.02% |
| HDFC Asset Management Company | Capital Markets | 0.02% |
| ICICI Lombard General Insurance Company | Insurance | 0.02% |
| Aditya Birla Fashion and Retail | Retailing | 0.02% |
| Grasim Industries | Cement & Cement Products | 0.02% |
| Marico | Consumer Non Durables | 0.02% |
| SBI Life Insurance Company | Insurance | 0.02% |
| Colgate Palmolive (India) | Consumer Non Durables | 0.02% |
| Eicher Motors | Auto | 0.02% |
| The Ramco Cements | Cement & Cement Products | 0.02% |
| United Breweries | Consumer Non Durables | 0.02% |
| Balkrishna Industries | Auto Ancillaries | 0.01% |
| Godrej Properties | Construction | 0.01% |
| Indian Oil Corporation | Petroleum Products | 0.01% |
| Gujarat Gas | Gas | 0.01% |
| IndusInd Bank | Banks | 0.01% |
| Torrent Power | Power | 0.01% |
| Astral | Industrial Products | 0.01% |
| Wipro | Software | 0.01% |
| Alembic Pharmaceuticals | Pharmaceuticals | 0.01% |
| The Indian Hotels Company | Leisure Services | 0.01% |
| AU Small Finance Bank | Banks | 0.01% |
| Power Grid Corporation of India | Power | 0.01% |
| Metropolis Healthcare | Healthcare Services | 0.01% |
| Ambuja Cements | Cement & Cement Products | 0.01% |
| RBL Bank | Banks | 0.005% |
| Navin Fluorine International | Chemicals | 0.005% |
| Britannia Industries | Consumer Non Durables | 0.004% |
| Strides Pharma Science | Pharmaceuticals | 0.004% |
| Aarti Industries | Chemicals | 0.003% |
| Bajaj Finserv | Insurance | 0.002% |
| PVR | Entertainment | 0.001% |
| Total Hedged Equity | 67.58% | |
| Treasury Bill | 22.12% | |
| Corporate Bond | 1.30% | |
| Government Bond | 1.09% | |
| PTC^ | 0.56% | |
| Zero Coupon Bond | 0.02% | |
| Mutual Fund Units | ||
| IDFC Cash Fund | 0.68% | |
| Net Cash and Cash Equivalent | 6.65% | |
| Grand Total | 100.00% | |
| ^First Business Receivables Trust- wt. avg. mat: 1.84 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 30th July 2021
| Banks | 9.28% |
| Ferrous Metals | 7.04% |
| Finance | 6.22% |
| Pharmaceuticals | 5.10% |
| Software | 4.36% |
| Consumer Non Durables | 4.32% |
| Auto | 3.57% |
| Transportation | 3.30% |
| Non - Ferrous Metals | 2.99% |
| Insurance | 2.95% |
| Telecom - Services | 2.24% |
| Minerals/Mining | 1.98% |
| Petroleum Products | 1.97% |
| Entertainment | 1.72% |
| Construction Project | 1.41% |
| Chemicals | 1.34% |
| Auto Ancillaries | 1.34% |
| Cement & Cement Products | 1.23% |
| Consumer Durables | 1.17% |
| Power | 1.11% |
| Gas | 0.87% |
| Pesticides | 0.55% |
| Healthcare Services | 0.52% |
| Industrial Capital Goods | 0.41% |
| Retailing | 0.19% |
| Industrial Products | 0.17% |
| Leisure Services | 0.07% |
| Capital Markets | 0.06% |
| Fertilisers | 0.05% |
| Textile Products | 0.03% |
| Construction | 0.01% |
Performance based on NAV as on 30/07/2021. 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 3.40% (FBIL OVERNIGHT MIBOR as on 30th July 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).
