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
: ₹ 6,903.34 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.
: ₹ 6,670.06 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 | 0.54 |
| 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. | 2.28 |
| Portfolio Turnover | |
| Equity | 2.63 |
| Aggregate^ | 13.66 |
| Total Expense Ratio | |
| Regular | 1.09% |
| Direct | 0.33% |
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 (₹)
| Regular Plan | Growth | 25.2723 |
| Regular Plan | Monthly Dividend | 12.7948 |
| Regular Plan | Annual Dividend | 10.4259 |
| Name | Industries | % of NAV |
| HDFC | Finance | 4.64% |
| Sun Pharmaceutical Industries | Pharmaceuticals | 4.33% |
| Reliance Industries | Petroleum Products | 4.08% |
| Bharti Airtel | Telecom - Services | 3.98% |
| ICICI Bank | Banks | 3.81% |
| Cipla | Pharmaceuticals | 2.43% |
| Maruti Suzuki India | Auto | 2.36% |
| ITC | Consumer Non Durables | 2.29% |
| Larsen & Toubro | Construction Project | 1.77% |
| Pidilite Industries | Chemicals | 1.74% |
| Colgate Palmolive (India) | Consumer Non Durables | 1.58% |
| Tata Consumer Products | Consumer Non Durables | 1.56% |
| Bajaj Auto | Auto | 1.32% |
| Tata Motors | Auto | 1.29% |
| SBI Life Insurance Company | Finance | 1.25% |
| Tata Steel | Ferrous Metals | 1.20% |
| Lupin | Pharmaceuticals | 1.19% |
| Axis Bank | Banks | 1.18% |
| Dabur India | Consumer Non Durables | 1.15% |
| Bajaj Finserv | Finance | 1.08% |
| Eicher Motors | Auto | 1.03% |
| Tata Consultancy Services | Software | 0.93% |
| Marico | Consumer Non Durables | 0.91% |
| Grasim Industries | Cement | 0.88% |
| United Spirits | Consumer Non Durables | 0.85% |
| HDFC Life Insurance Company | Finance | 0.85% |
| Divi's Laboratories | Pharmaceuticals | 0.82% |
| Exide Industries | Auto Ancillaries | 0.76% |
| Tata Power Company | Power | 0.72% |
| Vedanta | Non - Ferrous Metals | 0.71% |
| Hindustan Unilever | Consumer Non Durables | 0.70% |
| Adani Ports and Special Economic Zone | Transportation | 0.67% |
| Max Financial Services | Finance | 0.62% |
| JSW Steel | Ferrous Metals | 0.60% |
| Tech Mahindra | Software | 0.57% |
| Info Edge (India) | Software | 0.52% |
| Infosys | Software | 0.51% |
| The Federal Bank | Banks | 0.50% |
| Ambuja Cements | Cement | 0.47% |
| NMDC | Minerals/Mining | 0.46% |
| Godrej Consumer Products | Consumer Non Durables | 0.45% |
| Ashok Leyland | Auto | 0.44% |
| Page Industries | Textile Products | 0.43% |
| Hindalco Industries | Non - Ferrous Metals | 0.40% |
| SRF | Industrial Products | 0.39% |
| GMR Infrastructure | Construction Project | 0.35% |
| Britannia Industries | Consumer Non Durables | 0.34% |
| ACC | Cement | 0.34% |
| Hindustan Petroleum Corporation | Petroleum Products | 0.34% |
| Adani Enterprises | Trading | 0.34% |
| Container Corporation of India | Transportation | 0.33% |
| State Bank of India | Banks | 0.30% |
| Tata Chemicals | Chemicals | 0.27% |
| Havells India | Consumer Durables | 0.27% |
| Petronet LNG | Gas | 0.27% |
| Power Finance Corporation | Finance | 0.21% |
| Biocon | Pharmaceuticals | 0.20% |
| Wipro | Software | 0.20% |
| Shree Cement | Cement | 0.20% |
| Power Grid Corporation of India | Power | 0.20% |
| Apollo Tyres | Auto Ancillaries | 0.20% |
| TVS Motor Company | Auto | 0.19% |
| Titan Company | Consumer Durables | 0.17% |
| Bharat Petroleum Corporation | Petroleum Products | 0.17% |
| Name | Industries | % of NAV |
| Bharat Electronics | Industrial Capital Goods | 0.16% |
| HCL Technologies | Software | 0.15% |
| Berger Paints (I) | Consumer Non Durables | 0.15% |
| Escorts | Auto | 0.14% |
| Torrent Power | Power | 0.14% |
| Sun TV Network | Media & Entertainment | 0.14% |
| Dr. Reddy's Laboratories | Pharmaceuticals | 0.13% |
| Cadila Healthcare | Pharmaceuticals | 0.13% |
| Torrent Pharmaceuticals | Pharmaceuticals | 0.11% |
| ICICI Lombard General Insurance Company | Finance | 0.10% |
| HDFC Bank | Banks | 0.10% |
| Canara Bank | Banks | 0.09% |
| National Aluminium Company | Non - Ferrous Metals | 0.09% |
| IndusInd Bank | Banks | 0.09% |
| Mahanagar Gas | Gas | 0.08% |
| Coal India | Minerals/Mining | 0.07% |
| Aurobindo Pharma | Pharmaceuticals | 0.07% |
| Bosch | Auto Ancillaries | 0.07% |
| DLF | Construction | 0.06% |
| NTPC | Power | 0.06% |
| Balkrishna Industries | Auto Ancillaries | 0.06% |
| UPL | Pesticides | 0.05% |
| Nestle India | Consumer Non Durables | 0.05% |
| Mahindra & Mahindra | Auto | 0.04% |
| REC | Finance | 0.04% |
| Bata India | Consumer Durables | 0.03% |
| ICICI Prudential Life Insurance Company | Finance | 0.03% |
| MRF | Auto Ancillaries | 0.03% |
| Glenmark Pharmaceuticals | Pharmaceuticals | 0.02% |
| Zee Entertainment Enterprises | Media & Entertainment | 0.02% |
| Indraprastha Gas | Gas | 0.02% |
| Muthoot Finance | Finance | 0.02% |
| Coforge | Software | 0.02% |
| Indian Oil Corporation | Petroleum Products | 0.02% |
| UltraTech Cement | Cement | 0.01% |
| Asian Paints | Consumer Non Durables | 0.01% |
| Jindal Steel & Power | Ferrous Metals | 0.01% |
| Steel Authority of India | Ferrous Metals | 0.01% |
| The Ramco Cements | Cement | 0.01% |
| Bharat Forge | Industrial Products | 0.01% |
| LIC Housing Finance | Finance | 0.01% |
| Manappuram Finance | Finance | 0.01% |
| Voltas | Consumer Durables | 0.01% |
| Cummins India | Industrial Products | 0.01% |
| MindTree | Software | 0.01% |
| Shriram Transport Finance Company | Finance | 0.004% |
| Motherson Sumi Systems | Auto Ancillaries | 0.002% |
| Cholamandalam Invt and Fin Co | Finance | 0.002% |
| M&M Financial Services | Finance | 0.001% |
| Total Hedged Equity | 67.96% | |
| Treasury Bill | 21.42% | |
| Margin Fixed Deposit | 4.00% | |
| Corporate Bond | 1.85% | |
| Commercial Paper | 0.94% | |
| PTC^ | 0.71% | |
| Certificate of Deposit | 0.07% | |
| Zero Coupon Bond | 0.02% | |
| Net Cash and Cash Equivalent | 3.03% | |
| 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 31st December 2020
| Consumer Non Durables | 10.03% |
| Pharmaceuticals | 9.45% |
| Finance | 8.85% |
| Auto | 6.81% |
| Banks | 6.06% |
| Petroleum Products | 4.60% |
| Telecom - Services | 3.98% |
| Software | 2.90% |
| Construction Project | 2.12% |
| Chemicals | 2.01% |
| Cement | 1.91% |
| Ferrous Metals | 1.83% |
| Non - Ferrous Metals | 1.20% |
| Auto Ancillaries | 1.11% |
| Power | 1.11% |
| Transportation | 1.00% |
| Minerals/Mining | 0.53% |
| Consumer Durables | 0.48% |
| Textile Products | 0.43% |
| Industrial Products | 0.40% |
| Gas | 0.36% |
| Trading | 0.34% |
| Industrial Capital Goods | 0.16% |
| Media & Entertainment | 0.16% |
| Construction | 0.06% |
| Pesticides | 0.05% |
Performance based on NAV as on 31/12/2020. 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 3.51% (FBIL OVERNIGHT MIBOR as on 31st December 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).
