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
: ₹ 6,827.10 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.
: ₹ 6,877.38 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. | 0.70 |
| R Square | 0.62 |
| 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. | 0.83% |
| 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. | 2.10 |
| Portfolio Turnover | |
| Equity | 2.59 |
| Aggregate^ | 13.30 |
| 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, 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.
(w.e.f 01st July 2016)
NAV (₹) as on January 29, 2021
| Regular Plan | Growth | 25.3045 |
| Regular Plan | Monthly Dividend | 12.7898 |
| Regular Plan | Annual Dividend | 10.4392 |
| Name | Industries | % of NAV |
| Bharti Airtel | Telecom - Services | 4.24% |
| ICICI Bank | Banks | 3.93% |
| Sun Pharmaceutical Industries | Pharmaceuticals | 3.53% |
| Cipla | Pharmaceuticals | 2.73% |
| HDFC | Finance | 2.55% |
| ITC | Consumer Non Durables | 2.43% |
| Larsen & Toubro | Construction Project | 2.33% |
| Maruti Suzuki India | Auto | 2.20% |
| Reliance Industries | Petroleum Products | 1.84% |
| Axis Bank | Banks | 1.83% |
| Tata Motors | Auto | 1.61% |
| Colgate Palmolive (India) | Consumer Non Durables | 1.58% |
| Pidilite Industries | Chemicals | 1.57% |
| Tata Consumer Products | Consumer Non Durables | 1.53% |
| Asian Paints | Consumer Non Durables | 1.37% |
| Tata Steel | Ferrous Metals | 1.33% |
| Bajaj Auto | Auto | 1.31% |
| Eicher Motors | Auto | 1.17% |
| Divi's Laboratories | Pharmaceuticals | 1.17% |
| Grasim Industries | Cement | 1.15% |
| Dabur India | Consumer Non Durables | 1.08% |
| SBI Life Insurance Company | Finance | 1.07% |
| Tech Mahindra | Software | 0.99% |
| Kotak Mahindra Bank | Banks | 0.97% |
| Marico | Consumer Non Durables | 0.95% |
| Lupin | Pharmaceuticals | 0.95% |
| HDFC Bank | Banks | 0.84% |
| Bajaj Finserv | Finance | 0.81% |
| Adani Ports and Special Economic Zone | Transportation | 0.78% |
| Vedanta | Non - Ferrous Metals | 0.77% |
| Hindustan Unilever | Consumer Non Durables | 0.76% |
| Tata Power Company | Power | 0.75% |
| Exide Industries | Auto Ancillaries | 0.74% |
| United Spirits | Consumer Non Durables | 0.67% |
| Havells India | Consumer Durables | 0.67% |
| Info Edge (India) | Software | 0.66% |
| JSW Steel | Ferrous Metals | 0.66% |
| Max Financial Services | Finance | 0.65% |
| The Federal Bank | Banks | 0.60% |
| Ambuja Cements | Cement | 0.54% |
| NMDC | Minerals/Mining | 0.50% |
| Ashok Leyland | Auto | 0.48% |
| ACC | Cement | 0.48% |
| Titan Company | Consumer Durables | 0.46% |
| SRF | Industrial Products | 0.44% |
| State Bank of India | Banks | 0.40% |
| Adani Enterprises | Trading | 0.33% |
| HCL Technologies | Software | 0.32% |
| Apollo Tyres | Auto Ancillaries | 0.32% |
| Britannia Industries | Consumer Non Durables | 0.31% |
| Page Industries | Textile Products | 0.31% |
| Container Corporation of India | Transportation | 0.31% |
| GMR Infrastructure | Construction Project | 0.30% |
| Punjab National Bank | Banks | 0.30% |
| Hindustan Petroleum Corporation | Petroleum Products | 0.30% |
| Power Finance Corporation | Finance | 0.27% |
| Tata Chemicals | Chemicals | 0.27% |
| Tata Consultancy Services | Software | 0.26% |
| Biocon | Pharmaceuticals | 0.25% |
| NTPC | Power | 0.23% |
| Petronet LNG | Gas | 0.21% |
| Shree Cement | Cement | 0.20% |
| Berger Paints (I) | Consumer Non Durables | 0.20% |
| Name | Industries | % of NAV |
| Torrent Pharmaceuticals | Pharmaceuticals | 0.18% |
| ICICI Lombard General Insurance Company | Finance | 0.18% |
| UltraTech Cement | Cement | 0.18% |
| TVS Motor Company | Auto | 0.16% |
| Dr. Reddy's Laboratories | Pharmaceuticals | 0.16% |
| Sun TV Network | Media & Entertainment | 0.16% |
| Bharat Electronics | Industrial Capital Goods | 0.14% |
| Mahindra & Mahindra | Auto | 0.13% |
| Escorts | Auto | 0.13% |
| Hindalco Industries | Non - Ferrous Metals | 0.12% |
| Cadila Healthcare | Pharmaceuticals | 0.12% |
| Mahanagar Gas | Gas | 0.12% |
| Canara Bank | Banks | 0.11% |
| UPL | Pesticides | 0.11% |
| MRF | Auto Ancillaries | 0.07% |
| Motherson Sumi Systems | Auto Ancillaries | 0.07% |
| Jindal Steel & Power | Ferrous Metals | 0.05% |
| Bajaj Finance | Finance | 0.05% |
| Bharat Petroleum Corporation | Petroleum Products | 0.05% |
| DLF | Construction | 0.05% |
| Nestle India | Consumer Non Durables | 0.05% |
| Bata India | Consumer Durables | 0.04% |
| Balkrishna Industries | Auto Ancillaries | 0.04% |
| HDFC Life Insurance Company | Finance | 0.04% |
| The Ramco Cements | Cement | 0.04% |
| Voltas | Consumer Durables | 0.03% |
| Bharat Forge | Industrial Products | 0.03% |
| ICICI Prudential Life Insurance Company | Finance | 0.03% |
| Bosch | Auto Ancillaries | 0.02% |
| Jubilant Foodworks | Consumer Non Durables | 0.02% |
| Muthoot Finance | Finance | 0.02% |
| Indraprastha Gas | Gas | 0.02% |
| Coforge | Software | 0.02% |
| Indian Oil Corporation | Petroleum Products | 0.02% |
| Aurobindo Pharma | Pharmaceuticals | 0.02% |
| Apollo Hospitals Enterprise | Healthcare Services | 0.01% |
| Infosys | Software | 0.01% |
| Glenmark Pharmaceuticals | Pharmaceuticals | 0.01% |
| IndusInd Bank | Banks | 0.01% |
| Zee Entertainment Enterprises | Media & Entertainment | 0.01% |
| GAIL (India) | Gas | 0.01% |
| LIC Housing Finance | Finance | 0.01% |
| MindTree | Software | 0.01% |
| Shriram Transport Finance Company | Finance | 0.005% |
| Cholamandalam Invt and Fin Co | Finance | 0.001% |
| Godrej Properties | Construction | 0.001% |
| M&M Financial Services | Finance | 0.001% |
| Dr. Lal Path Labs | Healthcare Services | 0.001% |
| Total Hedged Equity | 67.63% | |
| Treasury Bill | 21.35% | |
| Corporate Bond | 3.95% | |
| Margin Fixed Deposit | 2.12% | |
| Commercial Paper | 0.91% | |
| PTC^ | 0.66% | |
| Certificate of Deposit | 0.07% | |
| Zero Coupon Bond | 0.02% | |
| Net Cash and Cash Equivalent | 3.30% | |
| Grand Total | 100.00% | |
| ^First Business Receivables Trust- wt. avg. mat: 2.06 years (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 January 2021
| Consumer Non Durables | 10.95% |
| Pharmaceuticals | 9.11% |
| Banks | 9.00% |
| Auto | 7.19% |
| Finance | 5.68% |
| Telecom - Services | 4.24% |
| Construction Project | 2.63% |
| Cement | 2.59% |
| Software | 2.27% |
| Petroleum Products | 2.21% |
| Ferrous Metals | 2.04% |
| Chemicals | 1.84% |
| Auto Ancillaries | 1.26% |
| Consumer Durables | 1.20% |
| Transportation | 1.09% |
| Power | 0.98% |
| Non - Ferrous Metals | 0.90% |
| Minerals/Mining | 0.50% |
| Industrial Products | 0.47% |
| Gas | 0.35% |
| Trading | 0.33% |
| Textile Products | 0.31% |
| Media & Entertainment | 0.17% |
| Industrial Capital Goods | 0.14% |
| Pesticides | 0.11% |
| Construction | 0.05% |
| Healthcare Services | 0.02% |
Performance based on NAV as on 29/01/2021. 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 3.47% (FBIL OVERNIGHT MIBOR as on 29th January 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).
