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
: ₹ 7,125.20 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.
: ₹ 7,160.52 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. | 0.67 |
| 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. | 1.98 |
| Portfolio Turnover | |
| Equity | 2.37 |
| Aggregate^ | 13.00 |
| 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 June 30, 2021
| Regular Plan | Growth | 25.7627 |
| Regular Plan | Monthly IDCW@ | 12.9026 |
| Regular Plan | Annual IDCW@ | 10.6288 |
| Name | Industries | % of NAV |
| Adani Ports and Special Economic Zone | Transportation | 3.24% |
| Sun Pharmaceutical Industries | Pharmaceuticals | 3.13% |
| ITC | Consumer Non Durables | 2.63% |
| Kotak Mahindra Bank | Banks | 2.52% |
| Tata Steel | Ferrous Metals | 2.12% |
| Reliance Industries | Petroleum Products | 2.12% |
| Bharti Airtel | Telecom - Services | 2.12% |
| Steel Authority of India | Ferrous Metals | 2.01% |
| JSW Steel | Ferrous Metals | 2.01% |
| State Bank of India | Banks | 1.93% |
| Vedanta | Non - Ferrous Metals | 1.91% |
| Zee Entertainment Enterprises | Entertainment | 1.88% |
| Bajaj Finance | Finance | 1.83% |
| Tech Mahindra | Software | 1.74% |
| Cadila Healthcare | Pharmaceuticals | 1.63% |
| HDFC | Finance | 1.44% |
| ICICI Bank | Banks | 1.23% |
| Tata Power Company | Power | 1.21% |
| The Federal Bank | Banks | 1.19% |
| Hero MotoCorp | Auto | 1.17% |
| Divi's Laboratories | Pharmaceuticals | 1.14% |
| HDFC Life Insurance Company | Insurance | 1.05% |
| Colgate Palmolive (India) | Consumer Non Durables | 1.05% |
| Tata Consultancy Services | Software | 1.05% |
| Muthoot Finance | Finance | 1.04% |
| Havells India | Consumer Durables | 0.95% |
| Bank of Baroda | Banks | 0.83% |
| Larsen & Toubro | Construction Project | 0.82% |
| Shriram Transport Finance Company | Finance | 0.80% |
| Punjab National Bank | Banks | 0.74% |
| Lupin | Pharmaceuticals | 0.71% |
| Biocon | Pharmaceuticals | 0.63% |
| ACC | Cement & Cement Products | 0.61% |
| Escorts | Auto | 0.59% |
| Amara Raja Batteries | Auto Ancillaries | 0.57% |
| L&T Finance Holdings | Finance | 0.57% |
| Petronet LNG | Gas | 0.56% |
| National Aluminium Company | Non - Ferrous Metals | 0.56% |
| Cholamandalam Invt and Fin Co | Finance | 0.55% |
| United Spirits | Consumer Non Durables | 0.52% |
| Sun TV Network | Entertainment | 0.47% |
| Mahindra & Mahindra | Auto | 0.47% |
| Info Edge (India) | Retailing | 0.46% |
| Jindal Steel & Power | Ferrous Metals | 0.45% |
| Godrej Consumer Products | Consumer Non Durables | 0.45% |
| Apollo Hospitals Enterprise | Healthcare Services | 0.45% |
| Aurobindo Pharma | Pharmaceuticals | 0.43% |
| Bandhan Bank | Banks | 0.41% |
| Pidilite Industries | Chemicals | 0.36% |
| Oil & Natural Gas Corporation | Oil | 0.34% |
| Max Financial Services | Insurance | 0.34% |
| Exide Industries | Auto Ancillaries | 0.32% |
| Adani Enterprises | Minerals/Mining | 0.31% |
| Indraprastha Gas | Gas | 0.28% |
| Tata Chemicals | Chemicals | 0.27% |
| NTPC | Power | 0.27% |
| Granules India | Pharmaceuticals | 0.26% |
| DLF | Construction | 0.25% |
| Bharat Electronics | Aerospace & Defense | 0.24% |
| M&M Financial Services | Finance | 0.23% |
| MindTree | Software | 0.23% |
| Canara Bank | Banks | 0.22% |
| RBL Bank | Banks | 0.22% |
| Hindalco Industries | Non - Ferrous Metals | 0.22% |
| Container Corporation of India | Transportation | 0.20% |
| Pfizer | Pharmaceuticals | 0.20% |
| Alkem Laboratories | Pharmaceuticals | 0.19% |
| Siemens | Industrial Capital Goods | 0.19% |
| Torrent Pharmaceuticals | Pharmaceuticals | 0.18% |
| Bata India | Consumer Durables | 0.18% |
| SRF | Chemicals | 0.18% |
| Axis Bank | Banks | 0.17% |
| GAIL (India) | Gas | 0.17% |
| REC | Finance | 0.17% |
| Page Industries | Textile Products | 0.16% |
| Manappuram Finance | Finance | 0.16% |
| Jubilant Foodworks | Leisure Services | 0.16% |
| Bajaj Auto | Auto | 0.15% |
| Bharat Heavy Electricals | Industrial Capital Goods | 0.15% |
| Name | Industries | % of NAV |
| Apollo Tyres | Auto Ancillaries | 0.14% |
| City Union Bank | Banks | 0.13% |
| Marico | Consumer Non Durables | 0.12% |
| Asian Paints | Consumer Non Durables | 0.12% |
| Piramal Enterprises | Finance | 0.09% |
| Glenmark Pharmaceuticals | Pharmaceuticals | 0.09% |
| Deepak Nitrite | Chemicals | 0.09% |
| UltraTech Cement | Cement & Cement Products | 0.08% |
| Bajaj Finserv | Insurance | 0.08% |
| HDFC Asset Management Company | Capital Markets | 0.06% |
| Ashok Leyland | Auto | 0.06% |
| Indian Railway Catering And Tourism Corporation | Transportation | 0.05% |
| Dr. Reddy's Laboratories | Pharmaceuticals | 0.05% |
| Hindustan Petroleum Corporation | Petroleum Products | 0.05% |
| Grasim Industries | Cement & Cement Products | 0.05% |
| Bharat Petroleum Corporation | Petroleum Products | 0.05% |
| Tata Consumer Products | Consumer Non Durables | 0.05% |
| Motherson Sumi Systems | Auto Ancillaries | 0.05% |
| L&T Technology Services | Software | 0.04% |
| Power Finance Corporation | Finance | 0.04% |
| Cummins India | Industrial Products | 0.04% |
| Godrej Properties | Construction | 0.04% |
| Bosch | Auto Ancillaries | 0.04% |
| Mahanagar Gas | Gas | 0.03% |
| HDFC Bank | Banks | 0.03% |
| The Ramco Cements | Cement & Cement Products | 0.03% |
| Titan Company | Consumer Durables | 0.03% |
| AU Small Finance Bank | Banks | 0.03% |
| Trent | Retailing | 0.03% |
| Larsen & Toubro Infotech | Software | 0.02% |
| Indian Oil Corporation | Petroleum Products | 0.02% |
| Gujarat Gas | Gas | 0.02% |
| Voltas | Consumer Durables | 0.02% |
| Balkrishna Industries | Auto Ancillaries | 0.02% |
| PI Industries | Pesticides | 0.02% |
| Alembic Pharmaceuticals | Pharmaceuticals | 0.02% |
| Tata Motors | Auto | 0.02% |
| SBI Life Insurance Company | Insurance | 0.02% |
| LIC Housing Finance | Finance | 0.02% |
| Navin Fluorine International | Chemicals | 0.02% |
| Wipro | Software | 0.02% |
| Maruti Suzuki India | Auto | 0.01% |
| TVS Motor Company | Auto | 0.01% |
| Hindustan Unilever | Consumer Non Durables | 0.01% |
| Nestle India | Consumer Non Durables | 0.01% |
| InterGlobe Aviation | Transportation | 0.01% |
| Bharat Forge | Industrial Products | 0.01% |
| MRF | Auto Ancillaries | 0.01% |
| Ambuja Cements | Cement & Cement Products | 0.01% |
| Britannia Industries | Consumer Non Durables | 0.01% |
| Nippon Life India Asset Management | Capital Markets | 0.01% |
| Infosys | Software | 0.01% |
| ICICI Lombard General Insurance Company | Insurance | 0.01% |
| MphasiS | Software | 0.01% |
| Coforge | Software | 0.01% |
| ICICI Prudential Life Insurance Company | Insurance | 0.01% |
| Torrent Power | Power | 0.005% |
| United Breweries | Consumer Non Durables | 0.004% |
| NMDC | Minerals/Mining | 0.003% |
| Indus Towers | Telecom - Services | 0.003% |
| Berger Paints (I) | Consumer Non Durables | 0.003% |
| Total Hedged Equity | 67.17% | |
| Treasury Bill | 24.32% | |
| Government Bond | 1.11% | |
| Corporate Bond | 1.09% | |
| Commercial Paper | 0.70% | |
| PTC^ | 0.61% | |
| Zero Coupon Bond | 0.02% | |
| Net Cash and Cash Equivalent | 4.98% | |
| Grand Total | 100.00% | |
| ^First Business Receivables Trust- wt. avg. mat: 1.79 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 June 2021
| Banks | 9.66% |
| Pharmaceuticals | 8.67% |
| Finance | 6.95% |
| Ferrous Metals | 6.60% |
| Consumer Non Durables | 4.99% |
| Transportation | 3.50% |
| Software | 3.11% |
| Non - Ferrous Metals | 2.69% |
| Auto | 2.48% |
| Entertainment | 2.35% |
| Petroleum Products | 2.24% |
| Telecom - Services | 2.12% |
| Insurance | 1.49% |
| Power | 1.48% |
| Consumer Durables | 1.18% |
| Auto Ancillaries | 1.14% |
| Gas | 1.07% |
| Chemicals | 0.92% |
| Construction Project | 0.82% |
| Cement & Cement Products | 0.78% |
| Retailing | 0.48% |
| Healthcare Services | 0.45% |
| Industrial Capital Goods | 0.34% |
| Oil | 0.34% |
| Minerals/Mining | 0.31% |
| Construction | 0.29% |
| Aerospace & Defense | 0.24% |
| Textile Products | 0.16% |
| Leisure Services | 0.16% |
| Capital Markets | 0.07% |
| Industrial Products | 0.05% |
| Pesticides | 0.02% |
Performance based on NAV as on 30/06/2021. 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 3.36%(FBIL OVERNIGHT MIBOR as on 30th June 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).
