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
: ₹ 7,032.93 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.
: ₹ 7,125.61 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. | 0.63 |
| 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. | 2.03 |
| Portfolio Turnover | |
| Equity | 2.24 |
| Aggregate^ | 12.85 |
| 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 May 31, 2021
| Regular Plan | Growth | 25.6651 |
| Regular Plan | Monthly IDCW@ | 12.8860 |
| Regular Plan | Annual IDCW@ | 10.5885 |
| Name | Industries | % of NAV |
| Adani Ports and Special Economic Zone | Transportation | 4.56% |
| Sun Pharmaceutical Industries | Pharmaceuticals | 3.44% |
| Tata Steel | Ferrous Metals | 3.29% |
| Bharti Airtel | Telecom - Services | 3.24% |
| State Bank of India | Banks | 2.71% |
| Vedanta | Non - Ferrous Metals | 2.59% |
| Infosys | Software | 2.26% |
| Larsen & Toubro | Construction Project | 1.91% |
| HDFC | Finance | 1.88% |
| Steel Authority of India | Ferrous Metals | 1.75% |
| Tata Power Company | Power | 1.59% |
| Tech Mahindra | Software | 1.50% |
| Divi's Laboratories | Pharmaceuticals | 1.49% |
| Kotak Mahindra Bank | Banks | 1.48% |
| Colgate Palmolive (India) | Consumer Non Durables | 1.36% |
| Asian Paints | Consumer Non Durables | 1.29% |
| Maruti Suzuki India | Auto | 1.05% |
| JSW Steel | Ferrous Metals | 0.98% |
| Hero MotoCorp | Auto | 0.95% |
| Info Edge (India) | Retailing | 0.86% |
| Axis Bank | Banks | 0.84% |
| Amara Raja Batteries | Auto Ancillaries | 0.80% |
| Jindal Steel & Power | Ferrous Metals | 0.78% |
| United Spirits | Consumer Non Durables | 0.75% |
| Indian Oil Corporation | Petroleum Products | 0.75% |
| Adani Enterprises | Minerals/Mining | 0.75% |
| Lupin | Pharmaceuticals | 0.74% |
| M&M Financial Services | Finance | 0.70% |
| Bajaj Finance | Finance | 0.66% |
| Pidilite Industries | Chemicals | 0.62% |
| The Federal Bank | Banks | 0.61% |
| National Aluminium Company | Non - Ferrous Metals | 0.59% |
| Sun TV Network | Entertainment | 0.58% |
| Hindalco Industries | Non - Ferrous Metals | 0.57% |
| Reliance Industries | Petroleum Products | 0.57% |
| ACC | Cement & Cement Products | 0.55% |
| Bank of Baroda | Banks | 0.54% |
| Tata Consultancy Services | Software | 0.53% |
| Zee Entertainment Enterprises | Entertainment | 0.53% |
| Exide Industries | Auto Ancillaries | 0.52% |
| NMDC | Minerals/Mining | 0.50% |
| Cadila Healthcare | Pharmaceuticals | 0.50% |
| Dr. Reddy's Laboratories | Pharmaceuticals | 0.47% |
| Biocon | Pharmaceuticals | 0.46% |
| UPL | Pesticides | 0.45% |
| Tata Chemicals | Chemicals | 0.45% |
| Petronet LNG | Gas | 0.45% |
| HCL Technologies | Software | 0.45% |
| Hindustan Petroleum Corporation | Petroleum Products | 0.44% |
| Larsen & Toubro Infotech | Software | 0.43% |
| NTPC | Power | 0.41% |
| Apollo Hospitals Enterprise | Healthcare Services | 0.40% |
| GAIL (India) | Gas | 0.37% |
| SRF | Chemicals | 0.37% |
| Havells India | Consumer Durables | 0.34% |
| Apollo Tyres | Auto Ancillaries | 0.33% |
| Punjab National Bank | Banks | 0.30% |
| Bharat Petroleum Corporation | Petroleum Products | 0.29% |
| Bharat Heavy Electricals | Industrial Capital Goods | 0.29% |
| Coforge | Software | 0.28% |
| Max Financial Services | Insurance | 0.26% |
| Canara Bank | Banks | 0.26% |
| UltraTech Cement | Cement & Cement Products | 0.26% |
| MindTree | Software | 0.25% |
| Container Corporation of India | Transportation | 0.24% |
| Glenmark Pharmaceuticals | Pharmaceuticals | 0.24% |
| Hindustan Unilever | Consumer Non Durables | 0.24% |
| Berger Paints (I) | Consumer Non Durables | 0.24% |
| Torrent Pharmaceuticals | Pharmaceuticals | 0.23% |
| Grasim Industries | Cement & Cement Products | 0.20% |
| L&T Finance Holdings | Finance | 0.20% |
| Page Industries | Textile Products | 0.20% |
| Marico | Consumer Non Durables | 0.19% |
| ICICI Bank | Banks | 0.16% |
| SBI Life Insurance Company | Insurance | 0.16% |
| Manappuram Finance | Finance | 0.16% |
| Escorts | Auto | 0.16% |
| IndusInd Bank | Banks | 0.15% |
| Name | Industries | % of NAV |
| Bandhan Bank | Banks | 0.14% |
| Ashok Leyland | Auto | 0.14% |
| Aurobindo Pharma | Pharmaceuticals | 0.14% |
| RBL Bank | Banks | 0.13% |
| The Ramco Cements | Cement & Cement Products | 0.13% |
| Nestle India | Consumer Non Durables | 0.13% |
| DLF | Construction | 0.12% |
| HDFC Life Insurance Company | Insurance | 0.12% |
| Mahindra & Mahindra | Auto | 0.11% |
| Indraprastha Gas | Gas | 0.11% |
| Siemens | Industrial Capital Goods | 0.11% |
| Alkem Laboratories | Pharmaceuticals | 0.09% |
| ICICI Lombard General Insurance Company | Insurance | 0.08% |
| Titan Company | Consumer Durables | 0.08% |
| ICICI Prudential Life Insurance Company | Insurance | 0.08% |
| Power Grid Corporation of India | Power | 0.08% |
| Granules India | Pharmaceuticals | 0.08% |
| MRF | Auto Ancillaries | 0.08% |
| Cummins India | Industrial Products | 0.08% |
| Coal India | Minerals/Mining | 0.07% |
| Deepak Nitrite | Chemicals | 0.07% |
| Muthoot Finance | Finance | 0.07% |
| Bharat Forge | Industrial Products | 0.06% |
| Eicher Motors | Auto | 0.06% |
| Bajaj Auto | Auto | 0.06% |
| Bajaj Finserv | Insurance | 0.06% |
| Motherson Sumi Systems | Auto Ancillaries | 0.06% |
| Power Finance Corporation | Finance | 0.05% |
| Dabur India | Consumer Non Durables | 0.05% |
| Dr. Lal Path Labs | Healthcare Services | 0.05% |
| MphasiS | Software | 0.05% |
| Balkrishna Industries | Auto Ancillaries | 0.04% |
| Cipla | Pharmaceuticals | 0.04% |
| Mahanagar Gas | Gas | 0.04% |
| Tata Motors | Auto | 0.04% |
| Tata Consumer Products | Consumer Non Durables | 0.04% |
| LIC Housing Finance | Finance | 0.03% |
| Shriram Transport Finance Company | Finance | 0.03% |
| Bharat Electronics | Aerospace & Defense | 0.03% |
| Shree Cement | Cement & Cement Products | 0.03% |
| Bata India | Consumer Durables | 0.03% |
| Trent | Retailing | 0.03% |
| City Union Bank | Banks | 0.03% |
| L&T Technology Services | Software | 0.03% |
| Oil & Natural Gas Corporation | Oil | 0.03% |
| Bosch | Auto Ancillaries | 0.02% |
| Gujarat Gas | Gas | 0.02% |
| REC | Finance | 0.02% |
| Alembic Pharmaceuticals | Pharmaceuticals | 0.02% |
| Torrent Power | Power | 0.01% |
| Godrej Consumer Products | Consumer Non Durables | 0.01% |
| Indian Railway Catering And Tourism Corporation | Transportation | 0.01% |
| TVS Motor Company | Auto | 0.01% |
| Nippon Life India Asset Management | Capital Markets | 0.01% |
| Ambuja Cements | Cement & Cement Products | 0.01% |
| Jubilant Foodworks Leisure | Services | 0.01% |
| PI Industries | Pesticides | 0.01% |
| Voltas | Consumer Durables | 0.01% |
| AU Small Finance Bank | Banks | 0.01% |
| Pfizer | Pharmaceuticals | 0.005% |
| GMR Infrastructure | Construction Project | 0.004% |
| Godrej Properties | Construction | 0.004% |
| Navin Fluorine International | Chemicals | 0.003% |
| Wipro | Software | 0.001% |
| Total Hedged Equity | 68.38% | |
| Treasury Bill | 25.44% | |
| Corporate Bond | 1.12% | |
| Government Bond | 0.75% | |
| Commercial Paper | 0.70% | |
| PTC^ | 0.62% | |
| Zero Coupon Bond | 0.02% | |
| Net Cash and Cash Equivalent | 2.98% | |
| Grand Total | 100.00% | |
| ^First Business Receivables Trust- wt. avg. mat: 1.87 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 May 2021
| Pharmaceuticals | 7.95% |
| Banks | 7.37% |
| Ferrous Metals | 6.80% |
| Software | 5.77% |
| Transportation | 4.82% |
| Consumer Non Durables | 4.31% |
| Finance | 3.80% |
| Non - Ferrous Metals | 3.76% |
| Telecom - Services | 3.24% |
| Auto | 2.58% |
| Power | 2.10% |
| Petroleum Products | 2.04% |
| Construction Project | 1.92% |
| Auto Ancillaries | 1.85% |
| Chemicals | 1.52% |
| Minerals/Mining | 1.32% |
| Cement & Cement Products | 1.18% |
| Entertainment | 1.11% |
| Gas | 1.00% |
| Retailing | 0.89% |
| Insurance | 0.76% |
| Consumer Durables | 0.46% |
| Pesticides | 0.46% |
| Healthcare Services | 0.46% |
| Industrial Capital Goods | 0.39% |
| Textile Products | 0.20% |
| Industrial Products | 0.13% |
| Construction | 0.12% |
| Aerospace & Defense | 0.03% |
| Oil | 0.03% |
| Capital Markets | 0.01% |
| Leisure Services | 0.01% |
Performance based on NAV as on 31/05/2021. 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 3.39% (FBIL OVERNIGHT MIBOR as on 31st May 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).
