IDFC Arbitrage Fund
An open ended scheme investing in arbitrage opportunities
IDFC Arbitrage Fund
An open ended scheme investing in arbitrage opportunities.
|
|
|
|
|
|
Category: Arbitrage
: ₹ 6,928.56 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.
: ₹ 6,965.45 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 | 0.58 |
| 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. | 0.84% |
| 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 | 2.53 |
| Aggregate^ | 13.15 |
| 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 February 26, 2021
| Regular Plan | Growth | 25.3782 |
| Regular Plan | Monthly Dividend | 12.8270 |
| Regular Plan | Annual Dividend | 10.4696 |
| Name | Industries | % of NAV |
| ICICI Bank | Banks | 5.98% |
| Sun Pharmaceutical Industries | Pharmaceuticals | 3.48% |
| HDFC | Finance | 2.86% |
| Larsen & Toubro | Construction Project | 2.73% |
| Bharti Airtel | Telecom - Services | 2.71% |
| ITC | Consumer Non Durables | 2.64% |
| Asian Paints | Consumer Non Durables | 2.27% |
| Axis Bank | Banks | 2.25% |
| Maruti Suzuki India | Auto | 2.19% |
| Adani Ports and Special Economic Zone | Transportation | 1.96% |
| Reliance Industries | Petroleum Products | 1.86% |
| Tata Steel | Ferrous Metals | 1.71% |
| Vedanta | Non - Ferrous Metals | 1.46% |
| Colgate Palmolive (India) | Consumer Non Durables | 1.45% |
| Tata Consumer Products | Consumer Non Durables | 1.21% |
| Hindustan Unilever | Consumer Non Durables | 1.18% |
| Grasim Industries | Cement | 1.15% |
| Bajaj Auto | Auto | 1.10% |
| Tata Motors | Auto | 1.07% |
| Pidilite Industries | Chemicals | 1.05% |
| SBI Life Insurance Company | Finance | 1.04% |
| Tata Power Company | Power | 1.04% |
| Tech Mahindra | Software | 1.01% |
| Divi's Laboratories | Pharmaceuticals | 0.94% |
| Eicher Motors | Auto | 0.87% |
| State Bank of India | Banks | 0.84% |
| NTPC | Power | 0.84% |
| Bajaj Finserv | Finance | 0.81% |
| Info Edge (India) | Software | 0.79% |
| JSW Steel | Ferrous Metals | 0.74% |
| United Spirits | Consumer Non Durables | 0.72% |
| Exide Industries | Auto Ancillaries | 0.69% |
| Lupin | Pharmaceuticals | 0.69% |
| Dabur India | Consumer Non Durables | 0.65% |
| Tata Chemicals | Chemicals | 0.65% |
| Mahindra & Mahindra | Auto | 0.63% |
| Titan Company | Consumer Durables | 0.63% |
| ACC | Cement | 0.60% |
| The Federal Bank | Banks | 0.60% |
| Cipla | Pharmaceuticals | 0.59% |
| Indian Oil Corporation | Petroleum Products | 0.56% |
| Hindustan Petroleum Corporation | Petroleum Products | 0.50% |
| Ambuja Cements | Cement | 0.45% |
| Tata Consultancy Services | Software | 0.44% |
| Adani Enterprises | Trading | 0.42% |
| Apollo Tyres | Auto Ancillaries | 0.40% |
| Steel Authority of India | Ferrous Metals | 0.39% |
| SRF | Industrial Products | 0.36% |
| UPL | Pesticides | 0.36% |
| Ashok Leyland | Auto | 0.35% |
| Havells India | Consumer Durables | 0.35% |
| Max Financial Services | Finance | 0.34% |
| Nestle India | Consumer Non Durables | 0.33% |
| GMR Infrastructure | Construction Project | 0.33% |
| Page Industries | Textile Products | 0.32% |
| Bharat Electronics | Industrial Capital Goods | 0.28% |
| Power Finance Corporation | Finance | 0.27% |
| Bharat Heavy Electricals | Industrial Capital Goods | 0.22% |
| Britannia Industries | Consumer Non Durables | 0.20% |
| Infosys | Software | 0.19% |
| Voltas | Consumer Durables | 0.18% |
| Torrent Pharmaceuticals | Pharmaceuticals | 0.18% |
| HCL Technologies | Software | 0.18% |
| Berger Paints (I) | Consumer Non Durables | 0.17% |
| Name | Industries | % of NAV |
| UltraTech Cement | Cement | 0.16% |
| Canara Bank | Banks | 0.16% |
| Manappuram Finance | Finance | 0.16% |
| ICICI Prudential Life Insurance Company | Finance | 0.15% |
| Marico | Consumer Non Durables | 0.15% |
| Sun TV Network | Media & Entertainment | 0.14% |
| Cadila Healthcare | Pharmaceuticals | 0.12% |
| Escorts | Auto | 0.12% |
| Container Corporation of India | Transportation | 0.12% |
| Dr. Reddy's Laboratories | Pharmaceuticals | 0.11% |
| ICICI Lombard General Insurance Company | Finance | 0.10% |
| Petronet LNG | Gas | 0.10% |
| Indraprastha Gas | Gas | 0.09% |
| Motherson Sumi Systems | Auto Ancillaries | 0.09% |
| Biocon | Pharmaceuticals | 0.09% |
| GAIL (India) | Gas | 0.08% |
| Godrej Consumer Products | Consumer Non Durables | 0.08% |
| TVS Motor Company | Auto | 0.08% |
| DLF | Construction | 0.08% |
| Bata India | Consumer Durables | 0.08% |
| IndusInd Bank | Banks | 0.08% |
| Bharat Petroleum Corporation | Petroleum Products | 0.07% |
| Torrent Power | Power | 0.07% |
| Aurobindo Pharma | Pharmaceuticals | 0.07% |
| MRF | Auto Ancillaries | 0.06% |
| Shree Cement | Cement | 0.06% |
| HDFC Life Insurance Company | Finance | 0.05% |
| Bharat Forge | Industrial Products | 0.04% |
| Zee Entertainment Enterprises | Media & Entertainment | 0.04% |
| Glenmark Pharmaceuticals | Pharmaceuticals | 0.03% |
| Hindalco Industries | Non - Ferrous Metals | 0.03% |
| Cummins India | Industrial Products | 0.03% |
| The Ramco Cements | Cement | 0.03% |
| Jindal Steel & Power | Ferrous Metals | 0.02% |
| Jubilant Foodworks | Consumer Non Durables | 0.02% |
| Balkrishna Industries | Auto Ancillaries | 0.02% |
| Bosch | Auto Ancillaries | 0.02% |
| Shriram Transport Finance Company | Finance | 0.02% |
| Bajaj Finance | Finance | 0.02% |
| Mahanagar Gas | Gas | 0.02% |
| LIC Housing Finance | Finance | 0.01% |
| HDFC Bank | Banks | 0.01% |
| MindTree | Software | 0.01% |
| Kotak Mahindra Bank | Banks | 0.01% |
| Siemens | Industrial Capital Goods | 0.004% |
| InterGlobe Aviation | Transportation | 0.004% |
| HDFC Asset Management Company | Finance | 0.003% |
| Aarti Industries | Chemicals | 0.002% |
| Punjab National Bank | Banks | 0.001% |
| Dr. Lal Path Labs | Healthcare Services | 0.001% |
| Total Hedged Equity | 68.54% | |
| Treasury Bill | 21.09% | |
| Corporate Bond | 3.08% | |
| Commercial Paper | 1.39% | |
| Margin Fixed Deposit | 0.98% | |
| PTC^ | 0.66% | |
| Zero Coupon Bond | 0.02% | |
| Net Cash and Cash Equivalent | 4.24% | |
| Grand Total | 100.00% | |
| ^First Business Receivables Trust- wt. avg. mat: 1.98 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 26th February 2021
| Consumer Non Durables | 11.08% |
| Banks | 9.92% |
| Auto | 6.39% |
| Pharmaceuticals | 6.30% |
| Finance | 5.84% |
| Construction Project | 3.06% |
| Petroleum Products | 3.00% |
| Ferrous Metals | 2.86% |
| Telecom - Services | 2.71% |
| Software | 2.62% |
| Cement | 2.43% |
| Transportation | 2.08% |
| Power | 1.95% |
| Chemicals | 1.70% |
| Non - Ferrous Metals | 1.49% |
| Auto Ancillaries | 1.28% |
| Consumer Durables | 1.24% |
| Industrial Capital Goods | 0.50% |
| Industrial Products | 0.43% |
| Trading | 0.42% |
| Pesticides | 0.36% |
| Textile Products | 0.32% |
| Gas | 0.29% |
| Media & Entertainment | 0.18% |
| Construction | 0.08% |
| Healthcare Services | 0.001% |
Performance based on NAV as on 26/02/2021. 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 26th February 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).
