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
: ₹ 6,817.69 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.
: ₹ 6,825.29 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 | 0.56 |
| 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 | 2.37 |
| Aggregate^ | 12.89 |
| 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 April 30, 2021
| Regular Plan | Growth | 25.5687 |
| Regular Plan | Monthly IDCW@ | 12.8590 |
| Regular Plan | Annual IDCW@ | 10.5487 |
| Name | Industries | % of NAV |
| Adani Ports and Special Economic Zone | Transportation | 4.28% |
| ICICI Bank | Banks | 4.25% |
| Sun Pharmaceutical Industries | Pharmaceuticals | 4.16% |
| Bharti Airtel | Telecom - Services | 3.37% |
| Tata Steel | Ferrous Metals | 3.11% |
| Larsen & Toubro | Construction Project | 2.56% |
| Axis Bank | Banks | 1.99% |
| State Bank of India | Banks | 1.90% |
| Asian Paints | Consumer Non Durables | 1.77% |
| Infosys | Software | 1.72% |
| HDFC | Finance | 1.51% |
| Divi's Laboratories | Pharmaceuticals | 1.47% |
| Bajaj Auto | Auto | 1.41% |
| Colgate Palmolive (India) | Consumer Non Durables | 1.33% |
| Maruti Suzuki India | Auto | 1.14% |
| Tata Power Company | Power | 1.10% |
| Tech Mahindra | Software | 1.04% |
| Steel Authority of India | Ferrous Metals | 1.04% |
| Pidilite Industries | Chemicals | 1.03% |
| Tata Chemicals | Chemicals | 0.86% |
| ACC | Cement & Cement Products | 0.78% |
| UPL | Pesticides | 0.76% |
| Tata Consultancy Services | Software | 0.73% |
| Bajaj Finance | Finance | 0.70% |
| Tata Motors | Auto | 0.70% |
| ITC | Consumer Non Durables | 0.68% |
| Adani Enterprises | Minerals/Mining | 0.67% |
| Lupin | Pharmaceuticals | 0.66% |
| JSW Steel | Ferrous Metals | 0.65% |
| Info Edge (India) | Retailing | 0.65% |
| Hindalco Industries | Non - Ferrous Metals | 0.64% |
| National Aluminium Company | Non - Ferrous Metals | 0.64% |
| HCL Technologies | Software | 0.63% |
| United Spirits | Consumer Non Durables | 0.62% |
| Sun TV Network | Entertainment | 0.62% |
| Reliance Industries | Petroleum Products | 0.60% |
| Vedanta | Non - Ferrous Metals | 0.58% |
| The Federal Bank | Banks | 0.58% |
| Wipro | Software | 0.57% |
| NTPC | Power | 0.50% |
| Exide Industries | Auto Ancillaries | 0.50% |
| SRF | Chemicals | 0.49% |
| Indian Oil Corporation | Petroleum Products | 0.48% |
| Dabur India | Consumer Non Durables | 0.47% |
| Titan Company | Consumer Durables | 0.46% |
| Power Grid Corporation of India | Power | 0.44% |
| Apollo Tyres | Auto Ancillaries | 0.44% |
| HDFC Bank | Banks | 0.42% |
| Havells India | Consumer Durables | 0.39% |
| NMDC | Minerals/Mining | 0.39% |
| Cipla | Pharmaceuticals | 0.36% |
| Nestle India | Consumer Non Durables | 0.35% |
| GMR Infrastructure | Construction Project | 0.32% |
| Canara Bank | Banks | 0.32% |
| IndusInd Bank | Banks | 0.31% |
| Hindustan Unilever | Consumer Non Durables | 0.31% |
| Page Industries | Textile Products | 0.30% |
| Voltas | Consumer Durables | 0.26% |
| Bharat Electronics | Aerospace & Defense | 0.26% |
| Max Financial Services | Insurance | 0.25% |
| Petronet LNG | Gas | 0.25% |
| UltraTech Cement | Cement & Cement Products | 0.25% |
| Grasim Industries | Cement & Cement Products | 0.24% |
| Cadila Healthcare | Pharmaceuticals | 0.23% |
| Berger Paints (I) | Consumer Non Durables | 0.22% |
| Bharat Petroleum Corporation | Petroleum Products | 0.22% |
| Torrent Pharmaceuticals | Pharmaceuticals | 0.21% |
| Ashok Leyland | Auto | 0.21% |
| Glenmark Pharmaceuticals | Pharmaceuticals | 0.21% |
| Hindustan Petroleum Corporation | Petroleum Products | 0.19% |
| The Ramco Cements | Cement & Cement Products | 0.19% |
| Name | Industries | % of NAV |
| Apollo Hospitals Enterprise | Healthcare Services | 0.19% |
| Motherson Sumi Systems | Auto Ancillaries | 0.17% |
| Container Corporation of India | Transportation | 0.16% |
| Marico | Consumer Non Durables | 0.16% |
| Mahindra & Mahindra | Auto | 0.16% |
| Bharat Heavy Electricals | Industrial Capital Goods | 0.15% |
| DLF | Construction | 0.13% |
| Manappuram Finance | Finance | 0.12% |
| Biocon | Pharmaceuticals | 0.12% |
| Zee Entertainment Enterprises | Entertainment | 0.12% |
| GAIL (India) | Gas | 0.11% |
| ICICI Prudential Life Insurance Company | Insurance | 0.11% |
| ICICI Lombard General Insurance Company | Insurance | 0.11% |
| HDFC Life Insurance Company | Insurance | 0.10% |
| Ambuja Cements | Cement & Cement Products | 0.09% |
| Bata India | Consumer Durables | 0.09% |
| Aurobindo Pharma | Pharmaceuticals | 0.09% |
| Jindal Steel & Power | Ferrous Metals | 0.08% |
| MRF | Auto Ancillaries | 0.07% |
| Bank of Baroda | Banks | 0.07% |
| Indraprastha Gas | Gas | 0.07% |
| Tata Consumer Products | Consumer Non Durables | 0.06% |
| Bharat Forge | Industrial Products | 0.05% |
| Torrent Power | Power | 0.05% |
| Alkem Laboratories | Pharmaceuticals | 0.05% |
| Balkrishna Industries | Auto Ancillaries | 0.05% |
| Power Finance Corporation | Finance | 0.05% |
| Granules India | Pharmaceuticals | 0.05% |
| Escorts | Auto | 0.05% |
| HDFC Asset Management Company | Capital Markets | 0.05% |
| Kotak Mahindra Bank | Banks | 0.05% |
| Godrej Consumer Products | Consumer Non Durables | 0.04% |
| Dr. Reddy's Laboratories | Pharmaceuticals | 0.04% |
| Shriram Transport Finance Company | Finance | 0.04% |
| Mahanagar Gas | Gas | 0.04% |
| Indian Railway Catering And Tourism Corporation | Transportation | 0.03% |
| REC | Finance | 0.03% |
| SBI Life Insurance Company | Insurance | 0.03% |
| Bajaj Finserv | Insurance | 0.03% |
| Larsen & Toubro Infotech | Software | 0.03% |
| Siemens | Industrial Capital Goods | 0.03% |
| TVS Motor Company | Auto | 0.02% |
| Coal India | Minerals/Mining | 0.02% |
| L&T Technology Services | Engineering Services | 0.02% |
| City Union Bank | Banks | 0.02% |
| Bandhan Bank | Banks | 0.02% |
| Bosch | Auto Ancillaries | 0.02% |
| Eicher Motors | Auto | 0.01% |
| Shree Cement | Cement & Cement Products | 0.01% |
| LIC Housing Finance | Finance | 0.01% |
| Coforge | Software | 0.01% |
| Jubilant Foodworks | Leisure Services | 0.01% |
| MindTree | Software | 0.01% |
| Amara Raja Batteries | Auto Ancillaries | 0.01% |
| Pfizer | Pharmaceuticals | 0.004% |
| Deepak Nitrite | Chemicals | 0.003% |
| Punjab National Bank | Banks | 0.001% |
| Total Hedged Equity | 67.43% | |
| Treasury Bill | 23.76% | |
| Corporate Bond | 2.90% | |
| PTC^ | 0.64% | |
| Zero Coupon Bond | 0.02% | |
| Net Cash and Cash Equivalent | 5.25% | |
| Grand Total | 100.00% | |
| ^First Business Receivables Trust- wt. avg. mat: 1.96 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 April 2021
| Banks | 9.92% |
| Pharmaceuticals | 7.64% |
| Consumer Non Durables | 6.02% |
| Ferrous Metals | 4.88% |
| Software | 4.73% |
| Transportation | 4.47% |
| Auto | 3.70% |
| Telecom - Services | 3.37% |
| Construction Project | 2.88% |
| Finance | 2.46% |
| Chemicals | 2.38% |
| Power | 2.10% |
| Non - Ferrous Metals | 1.86% |
| Cement & Cement Products | 1.56% |
| Petroleum Products | 1.50% |
| Auto Ancillaries | 1.25% |
| Consumer Durables | 1.20% |
| Minerals/Mining | 1.09% |
| Pesticides | 0.76% |
| Entertainment | 0.73% |
| Retailing | 0.65% |
| Insurance | 0.62% |
| Gas | 0.47% |
| Textile Products | 0.30% |
| Aerospace & Defense | 0.26% |
| Healthcare Services | 0.19% |
| Industrial Capital Goods | 0.17% |
| Construction | 0.13% |
| Industrial Products | 0.05% |
| Capital Markets | 0.05% |
| Engineering Services | 0.02% |
| Leisure Services | 0.01% |
Performance based on NAV as on 30/04/2021. 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 3.43% (FBIL OVERNIGHT MIBOR as on 30th April 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).
