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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About the Fund: The fund invests in arbitrage
opportunities in the cash and the derivative
segments of the equity markets. It aims to capture
the spread (Cost of Carry) between the cash
and futures market by simultaneously executing
buy (in the cash market) and sell (in the futures
market) trades. The balance is invested in debt
and money market instruments. The fund typically
follows a strategy of taking market neutral (equally
offsetting) positions in the equity market making
it a low risk product irrespective of the movements
in equity market.
Category: Arbitrage
Inception Date: 21 December 2006
Equity Portion: Mr. Nemish Sheth
(w.e.f. 1st November 2021) &
Debt Portion: Mr. Harshal Joshi (w.e.f. 20th October 2016)
Other Parameter:
Benchmark: Nifty 50 Arbitrage Index
(w.e.f. April 01, 2018)
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
0.25% if redeemed / switched-out
within 1 month from the date of allotment
(w.e.f 01st July 2016)
NAV (₹) as on August 30, 2022
@Income Distribution and Capital Withdrawal
Category: Arbitrage
Monthly Avg AUM 
: ₹ 4,208.69 Crores
: ₹ 4,208.69 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.
Monthly end AUM : ₹ 4,195.74 Crores
: ₹ 4,195.74 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.
Fund Manager :
:
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 | 0.49 |
| 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. | 0.72% |
| 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. | -2.26 |
| Portfolio Turnover | |
| Equity | 3.48 |
| Aggregate^ | 14.06 |
| 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 :
:
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 August 30, 2022
| Regular Plan | Growth | 26.7560 |
| Regular Plan | Monthly IDCW@ | 12.9126 |
| Regular Plan | Annual IDCW@ | 10.7074 |
| Name | Industries | % of NAV |
| Adani Enterprises | Metals & Minerals Trading | 5.58% |
| ICICI Bank | Banks | 2.94% |
| HDFC Bank | Banks | 2.88% |
| Adani Ports and Special Economic Zone | Transport Infrastructure | 2.51% |
| Ambuja Cements | Cement & Cement Products | 1.96% |
| Bajaj Finance | Finance | 1.88% |
| Zee Entertainment Enterprises | Entertainment | 1.73% |
| Tata Consultancy Services | IT - Software | 1.66% |
| Reliance Industries | Petroleum Products | 1.57% |
| DLF | Realty | 1.50% |
| United Spirits | Beverages | 1.47% |
| HCL Technologies | IT - Software | 1.45% |
| Maruti Suzuki India | Automobiles | 1.32% |
| Godrej Consumer Products | Personal Products | 1.16% |
| Kotak Mahindra Ban | k Banks | 1.14% |
| UPL | Fertilizers & Agrochemicals | 0.99% |
| Asian Paints | Consumer Durables | 0.98% |
| Sun Pharmaceutical Industries | Pharmaceuticals & Biotechnology | 0.96% |
| Tata Power Co | Power | 0.96% |
| Bata India | Consumer Durables | 0.93% |
| Oberoi Realty | Realty | 0.93% |
| Sun TV Network | Entertainment | 0.92% |
| NTPC | Power | 0.90% |
| ACC | Cement & Cement Products | 0.87% |
| Indian Oil Corporation | Petroleum Products | 0.80% |
| NMDC | Minerals & Mining | 0.79% |
| Tata Chemicals | Chemicals & Petrochemicals | 0.79% |
| ITC | Diversified FMCG | 0.77% |
| Godrej Properties | Realty | 0.75% |
| Mindtree | IT - Software | 0.72% |
| Trent | Retailing | 0.69% |
| Indian Energy Exchange | Capital Markets | 0.66% |
| Zydus Lifesciences | Pharmaceuticals & Biotechnology | 0.62% |
| Canara Bank | Banks | 0.62% |
| Biocon | Pharmaceuticals & Biotechnology | 0.60% |
| Aditya Birla Fashion and Retail | Retailing | 0.58% |
| Tata Motors | Automobiles | 0.57% |
| Multi Commodity Exchange of India | Capital Markets | 0.56% |
| Page Industries | Textiles & Apparels | 0.51% |
| Power Grid Corporation of India | Power | 0.47% |
| Bharat Heavy Electricals | Electrical Equipment | 0.47% |
| Hero MotoCorp | Automobiles | 0.46% |
| Divis Laboratories | Pharmaceuticals & Biotechnology | 0.46% |
| Indraprastha Gas | Gas | 0.44% |
| Cummins India | Industrial Products | 0.42% |
| Steel Authority of India | Ferrous Metals | 0.41% |
| M&M Financial Services | Finance | 0.41% |
| HDFC Life Insurance Company | Insurance | 0.41% |
| Vedanta | Diversified Metals | 0.40% |
| RBL Bank | Banks | 0.38% |
| Jindal Steel and Power | Ferrous Metals | 0.37% |
| National Aluminium Company | Non - Ferrous Metals | 0.37% |
| Siemens | Electrical Equipment | 0.35% |
| United Breweries | Beverages | 0.35% |
| Birlasoft | IT - Software | 0.35% |
| The India Cements | Cement & Cement Products | 0.35% |
| Granules India | Pharmaceuticals & Biotechnology | 0.34% |
| LIC Housing Finance | Finance | 0.34% |
| Glenmark Pharmaceuticals | Pharmaceuticals & Biotechnology | 0.33% |
| Hindustan Petroleum Corporation | Petroleum Products | 0.32% |
| Interglobe Aviation | Transport Services | 0.31% |
| Infosys | IT - Software | 0.31% |
| Mahanagar Gas | Gas | 0.30% |
| Berger Paints India | Consumer Durables | 0.30% |
| Wipro | IT - Software | 0.28% |
| Rain Industries | Chemicals & Petrochemicals | 0.28% |
| The Federal Bank | Banks | 0.28% |
| Coromandel International | Fertilizers & Agrochemicals | 0.28% |
| Manappuram Finance | Finance | 0.27% |
| Jubilant Foodworks | Leisure Services | 0.27% |
| L&T Finance Holdings | Finance | 0.26% |
| Exide Industries | Auto Components | 0.26% |
| Marico | Personal Products | 0.24% |
| Gujarat Narmada Valley Fertilizers & Chemicals | Chemicals & Petrochemicals | 0.24% |
| Bosch | Auto Components | 0.23% |
| Hindustan Aeronautics | Aerospace & Defense | 0.22% |
| Cholamandalam Invt and Fin Co | Finance | 0.21% |
| AU Small Finance Bank | Banks | 0.21% |
| Aurobindo Pharma | Pharmaceuticals & Biotechnology | 0.20% |
| Aditya Birla | Capital Insurance | 0.20% |
| Hindustan Unilever | Diversified FMCG | 0.19% |
| Tata Communications | Telecom - Services | 0.18% |
| Whirlpool of India | Consumer Durables | 0.17% |
| Mphasis | IT - Software | 0.17% |
| Apollo Tyres | Auto Components | 0.17% |
| Tata Consumer Products | Agricultural Food & other Products | 0.17% |
| Name | Industries | % of NAV |
| Britannia Industries | Food Products | 0.16% |
| Abbott India | Pharmaceuticals & Biotechnology | 0.15% |
| Bharat Petroleum Corp | Petroleum Products | 0.15% |
| SRF | Chemicals & Petrochemicals | 0.15% |
| Ashok Leyland | Agricultural, Commercial & Construction Vehicles | 0.14% |
| Tech Mahindra | IT - Software | 0.14% |
| Delta Corp | Leisure Services | 0.13% |
| Cipla | Pharmaceuticals & Biotechnology | 0.13% |
| Shriram Transport Finance Company | Finance | 0.13% |
| Power Finance Corporation | Finance | 0.13% |
| ICICI Lombard General Insurance Company | Insurance | 0.13% |
| Balrampur Chini Mills | Agricultural Food & other Products | 0.12% |
| Navin Fluorine International | Chemicals & Petrochemicals | 0.12% |
| Apollo Hospitals Enterprise | Healthcare Services | 0.12% |
| Punjab National Bank | Banks | 0.12% |
| Oil & Natural Gas Corporation | Oil | 0.12% |
| PVR | Entertainment | 0.11% |
| Dalmia Bharat | Cement & Cement Products | 0.11% |
| Colgate Palmolive India | Personal Products | 0.11% |
| Hindustan Copper | Non - Ferrous Metals | 0.10% |
| Aarti Industries | Chemicals & Petrochemicals | 0.10% |
| Bandhan Bank | Banks | 0.09% |
| Persistent Systems | IT - Software | 0.09% |
| Amara Raja Batteries | Auto Components | 0.09% |
| Ultratech Cement | Cement & Cement Products | 0.09% |
| Atul | Chemicals & Petrochemicals | 0.09% |
| Intellect Design Arena | IT - Software | 0.08% |
| Crompton Greaves Consumer Electricals | Consumer Durables | 0.08% |
| Chambal Fertilizers & Chemicals | Fertilizers & Agrochemicals | 0.08% |
| PI Industries | Fertilizers & Agrochemicals | 0.08% |
| Petronet LNG | Gas | 0.07% |
| Torrent Pharmaceuticals | Pharmaceuticals & Biotechnology | 0.06% |
| Indiamart Intermesh | Retailing | 0.06% |
| Container Corporation of India | Transport Services | 0.06% |
| Oracle Financial Services Software | IT - Software | 0.06% |
| Metropolis Healthcare | Healthcare Services | 0.05% |
| The Indian Hotels Company | Leisure Services | 0.05% |
| HDFC Asset Management Company | Capital Markets | 0.05% |
| Indusind Bank | Banks | 0.05% |
| Nestle India | Food Products | 0.05% |
| ABB India | Electrical Equipment | 0.04% |
| Samvardhana Motherson International | Auto Components | 0.04% |
| State Bank of India | Banks | 0.04% |
| Pidilite Industries | Chemicals & Petrochemicals | 0.04% |
| SBI Cards and Payment Services | Finance | 0.04% |
| Bharat Electronics | Aerospace & Defense | 0.03% |
| Bank of Baroda | Banks | 0.03% |
| Balkrishna Industries | Auto Components | 0.03% |
| Honeywell Automation India | Industrial Manufacturing | 0.03% |
| Axis Bank | Banks | 0.03% |
| Torrent Power | Power | 0.02% |
| Laurus Labs | Pharmaceuticals & Biotechnology | 0.02% |
| SBI Life Insurance Company | Insurance | 0.02% |
| REC | Finance | 0.02% |
| Gujarat State Petronet | Gas | 0.02% |
| Gail (India) | Gas | 0.02% |
| Bajaj Finserv | Finance | 0.02% |
| Lupin | Pharmaceuticals & Biotechnology | 0.02% |
| Tata Steel | Ferrous Metals | 0.02% |
| Can Fin Homes | Finance | 0.02% |
| Mahindra & Mahindra | Automobiles | 0.02% |
| L&T Technology Services | IT - Services | 0.01% |
| Max Financial Services | Insurance | 0.01% |
| Firstsource Solutions | IT - Services | 0.01% |
| Indiabulls Housing Finance | Finance | 0.01% |
| Info Edge India | Retailing | 0.01% |
| HDFC | Finance | 0.01% |
| JK Cements | Cement & Cement Products | 0.01% |
| Deepak Nitrite | Chemicals & Petrochemicals | 0.01% |
| Hindalco Industries | Non - Ferrous Metals | 0.01% |
| Havells India | Consumer Durables | 0.01% |
| Larsen & Toubro | Construction | 0.004% |
| Dabur India | Personal Products | 0.004% |
| Grasim Industries | Cement & Cement Products | 0.002% |
| Bharat Forge | Industrial Products | 0.002% |
| Indus Towers | Telecom - Services | 0.001% |
| Total Hedged Equity | 68.23% | |
| Treasury Bill | 13.59% | |
| Corporate Bond | 2.72% | |
| Certificate of Deposit | 1.68% | |
| Government Bond | 1.82% | |
| PTC^ | 0.74% | |
| Mutual Fund Units | ||
| IDFC Cash Fund | 6.64% | |
| Net Cash and Cash Equivalent | 4.60% | |
| Grand Total | 100.00% | |
| ^First Business Receivables Trust- wt. avg. mat: 1.26 years (PTC originated by Reliance Industries Limited) | ||
| Banks | 8.80% |
| Metals & Minerals Trading | 5.58% |
| IT - Software | 5.31% |
| Pharmaceuticals & Biotechnology | 3.91% |
| Finance | 3.73% |
| Cement & Cement Products | 3.39% |
| Realty | 3.17% |
| Petroleum Products | 2.84% |
| Entertainment | 2.76% |
| Transport Infrastructure | 2.51% |
| Consumer Durables | 2.46% |
| Automobiles | 2.37% |
| Power | 2.36% |
| Beverages | 1.82% |
| Chemicals & Petrochemicals | 1.80% |
| Personal Products | 1.51% |
| Fertilizers & Agrochemicals | 1.43% |
| Retailing | 1.34% |
| Capital Markets | 1.27% |
| Diversified FMCG | 0.96% |
| Electrical Equipment | 0.86% |
| Gas | 0.85% |
| Auto Components | 0.81% |
| Ferrous Metals | 0.80% |
| Minerals & Mining | 0.79% |
| Insurance | 0.76% |
| Textiles & Apparels | 0.51% |
| Non - Ferrous Metals | 0.48% |
| Leisure Services | 0.45% |
| Industrial Products | 0.42% |
| Diversified Metals | 0.40% |
| Transport Services | 0.37% |
| Agricultural Food & other Products | 0.29% |
| Aerospace & Defense | 0.25% |
| Food Products | 0.20% |
| Telecom - Services | 0.18% |
| Healthcare Services | 0.17% |
| Agricultural, Commercial & Construction Vehicles | 0.14% |
| Oil | 0.12% |
| Industrial Manufacturing | 0.03% |
| IT - Services | 0.02% |
| Construction | 0.004% |
Performance based on NAV as on 30/08/2022. 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.
Scheme risk-o-meter
Investors understand that their principal will be at Low risk
This product is suitable for investors who are seeking*
- 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.
Benchmark risk-o-meter
Nifty 50 Arbitrage Index
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 5.34% (FBIL OVERNIGHT MIBOR as on 31st August 2022). 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).
