WHAT IS ARBITRAGE? click to expand contents

Buying in one market and selling in another simultaneously to take advantage of a temporary price differential is called arbitrage.
For instance, if you could buy A in Gujarat at ₹ 100 and sell it in Mumbai simultaneously at ₹ 101, you could make ₹ 1 profit at very low risk. This opportunity arises out of market inefficiency and is the basis of every arbitrage trade.

WHAT IS ARBITRAGE FUND? click to expand contents

• 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 fund follows a strategy of taking market neutral (equally offsetting because the stocks are bought and sold at the same time) positions in the equity market making it a low risk product irrespective of the movements in equity market.

ADVANTAGE click to expand contents

WHO IS THIS FUND FOR? click to expand contents

FUND FEATURES: (Data as on 31st December'20) click to expand contents

Category:Arbitrage
Monthly Avg AUM: Rs6,903.34 Crores
Inception Date: 21st December 2006
Fund Manager:
Equity Portion : Mr. Yogik Pitti (w.e.f. 27th June 2013),
Mr. Arpit Kapoor (w.e.f. 1st March 2017)
& Debt Portion : Mr. Harshal Joshi (w.e.f. 20th October 2016)
Standard Deviation (Annualized): 0.83%
Benchmark: Nifty 50 Arbitrage Index^$
Minimum Investment Amount: Rs100/- and any amount thereafter
Exit Load: 0.25% if redeemed / switched-out within 1 month from the date of allotment (w.e.f 01st July 2016)
SIP Frequency: Monthly (Investor may choose any day of the month except 29th, 30th and 31st as the date of instalment.)
Options Available: Growth, Dividend - (Payout, Reinvestment and Sweep (from Equity Schemes to Debt Schemes only)) - Monthly & Annual

PORTFOLIO STANCE click to expand contents

PORTFOLIO (31 December 2020)
click to expand contents

DIVIDEND HISTORY:
click to expand contents

IDFC Arbitrage Fund
	Regular Plan		Direct Plan
Record Date	Record Date Nav (Rs.)	Dividend Per Unit (Rs.)	Record Date Nav (Rs.)	Dividend Per Unit (Rs.)
28-Dec-20	12.7976	0.02	13.3825	0.02
25-Nov-20	12.7981	0.02	13.3738	0.02
28-Oct-20	12.7970	0.02	13.3648	0.02
28-Sep-20	12.7696	0.02	13.3279	0.02
31-Aug-20	12.7531	0.02	12.7319	0.02
28-July-20	12.7405	0.02	13.2805	0.02
26-Jun-20	12.7768	0.03	13.3091	0.03
28-May-20	12.8134	0.04	13.3390	0.04
28-Apr-20	12.7521	0.03	13.2666	0.03
20-Mar-20	12.7750	0.08	13.2791	0.08
20-Feb-28	12.8568	0.05	13.3580	0.05
20-Jan-28	12.8022	0.05	13.2922	0.05
19-Dec-27	12.7924	0.05	13.2740	0.06
19-Nov-28	12.8178	0.05	13.2930	0.05
19-Oct-30	12.8256	0.05	13.2938	0.05

Dividends have been rounded off till 2 decimals
Face Value per Unit (in ₹) is 10
Dividend is not guaranteed and past performance may or may not be sustained in future.
Pursuant to payment of dividend, the NAV of the scheme would fall to the extent of payout and statutory levy (as applicable).
Source: ICRA MFI Explorer
First Business Receivables Trust- wt. avg. mat: 2.06 years

RISKOMETER click to expand contents

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 advisors if in doubt about whether the product is suitable for them.

^$The benchmark has been changed from CRISIL Liquid Fund Index to Nifty 50 Arbitrage Index w.e.f. April 01, 2018

Ratios calculated on the basis of 3 years history of monthly data.
The above mentioned is the current strategy of the Fund Manager. However, asset allocation and investment strategy shall be within broad parameters of Scheme Information Document.
MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.

Contact your Financial Advisor

Call toll free 1800-2-6666-88

Invest online at www.idfcmf.com

www.facebook.com/idfcamc

@IDFCMF

Contact your Financial Advisor	Call toll free 1800-2-6666-88
Invest online at www.idfcmf.com	www.facebook.com/idfcamc
@IDFCMF

IDFC ARBITRAGE FUND

IDFC ARBITRAGE FUND

loading