VR Logo

2 star

HDFC Arbitrage Fund - Wholesale - Direct Plan


Hybrid: Arbitrage

1 Lakh

Investment Grown to
₹ 1.16 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.84 Lakh

Suitability:

"Arbitrage funds invest in equity shares and derivatives, and earn their returns through the price differential between a stock and its futures. You can expect to earn better returns than what you would get from a bank account.

They are usually suitable to park your money for a period ranging between three months to a year. However, we believe that liquid funds, which have a similar risk-return payoff, are a better alternative for most investors for such a time frame. Arbitrage funds may have some appeal for those who are in the highest tax bracket, given the preferential tax treatment of these funds.

The risk of incurring a loss in these funds over the said time frame is low but they do not guarantee returns or safety of capital.

Remember, these funds usually deliver low returns which are only marginally higher than your bank account. They are not suitable if your aim is to build wealth in the long run."

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 0.14 -0.03 0.04 0.32 0.94 1.81 4.30 4.96 5.42 5.98 --
CCIL T Bill Liquidity Weight 0.09 0.02 0.03 0.21 0.49 1.07 2.12 3.13 3.51 3.93 --
Hybrid: Arbitrage 0.12 -0.02 0.02 0.32 0.97 1.82 4.17 5.02 5.52 6.19 --
Rank within category 5 19 4 17 18 19 16 15 14 14 --
Number of funds in category 25 25 25 25 25 25 25 20 17 15 0

As on 14-Jan-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
HDFC Arbitrage Fund - Wholesale - Direct Plan  | Invest Online
2 star
Apr-14 4.30 4.96 5.42 0.40% 6,873
Nippon India Arbitrage Fund - Direct Plan
5 star
Jan-13 4.68 5.45 6.02 0.34% 11,596
Tata Arbitrage Fund - Direct Plan  | Invest Online
5 star
Dec-18 4.73 5.80 -- 0.32% 11,119
Aditya Birla Sun Life Arbitrage Fund - Direct Plan  | Invest Online
4 star
Jan-13 4.67 5.32 5.81 0.32% 8,562
Edelweiss Arbitrage Fund - Direct Plan  | Invest Online
5 star
Jun-14 4.73 5.54 6.02 0.34% 6,401

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 0.72 25-Mar-2020 - 01-Apr-2020 -0.54 17-Mar-2020 - 24-Mar-2020
Month 1.06 05-Feb-2016 - 08-Mar-2016 -0.23 24-Feb-2020 - 25-Mar-2020
Quarter 2.50 05-Mar-2015 - 05-Jun-2015 0.15 29-May-2020 - 28-Aug-2020
Year 8.33 16-May-2014 - 18-May-2015 3.31 16-Mar-2020 - 16-Mar-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 4.88 0.79 1.45 2.11 0.73 1.59
CCIL T Bill Liquidity Weight 3.13 0.39 -1.53 -4.65 -- --
Hybrid: Arbitrage 4.94 0.80 1.53 2.29 0.86 1.73
Rank within category 15 9 15 15 4 16
Number of funds in category 20 20 20 20 20 20

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Dec-2021

Asset Allocation (%)

ajax-loader
Please wait...

Concentration & Valuation

Number of Stocks 146
Top 10 Holdings (%) 33.97
Top 5 Holdings (%) 23.32
Top 3 Sectors (%) 32.48
Portfolio P/B Ratio 2.80
Portfolio P/E Ratio 16.54
Avg Credit Rating

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 6.84% GOI 19/12/2022 GOI Securities SOV 0.00 - 2.16 2.16
equal 5.09% GOI 13/04/2022 GOI Securities SOV 0.00 - 1.90 1.90
equal Reserve Bank of India 364-D 11/03/2022 Treasury Bills SOV 0.00 - 1.81 1.81
equal Reserve Bank of India 364-D 03/03/2022 Treasury Bills SOV 0.00 - 1.79 1.74
equal 7.16% GOI 20/05/2023 Central Government Loan SOV 0.00 - 1.65 1.65
equal 8.13% GOI 21/09/2022 Central Government Loan SOV 0.00 - 1.49 1.49
equal 8.35% GOI 2022 GOI Securities SOV 0.00 - 1.59 1.48
equal 8.20% GOI 15/02/2022 Central Government Loan SOV 0.00 - 1.46 1.46
equal 5.40% HDFC 2023 Bonds/NCDs AAA 0.00 - 1.45 1.45
equal Reserve Bank of India 364-D 24/03/2022 Treasury Bills SOV 0.00 - 1.49 1.44
equal Reserve Bank of India 364-D 30/03/2022 Treasury Bills SOV 0.00 - 1.48 1.44
equal Reserve Bank of India 364-D 05/05/2022 Treasury Bills SOV 0.00 - 1.44 1.44
equal Reserve Bank of India 364-D 19/05/2022 Treasury Bills SOV 0.00 - 1.43 1.43
equal 8.15% GOI 2022 Central Government Loan SOV 0.00 - 1.19 1.19
equal 8.08% GOI 2022 Central Government Loan SOV 0.00 - 1.12 1.12
equal Reserve Bank of India 364-D 28/04/2022 Treasury Bills SOV 0.00 - 1.08 1.08
equal Reserve Bank of India 364-D 16/06/2022 Treasury Bills SOV 0.00 - 1.07 1.07
equal 7.37% GOI 16/04/2023 GOI Securities SOV 0.00 - 0.83 0.83
equal Reserve Bank of India 364-D 02/06/2022 Treasury Bills SOV 0.00 - 0.79 0.79
equal 7.17% Reliance Industries 2022 Non Convertible Debenture AAA 0.00 - 0.74 0.74
equal 8.50% National Bank Agr. Rur. Devp Debenture AAA 0.00 - 0.38 0.38
equal 7.35% Power Finance Corporation 15/10/2022 Debenture AAA 0.00 - 0.37 0.37
equal 4.26% GOI 17/05/2023 GOI Securities SOV 0.00 - 0.14 0.14

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

Sector Allocation vis-à-vis Category

ajax-loader
Please wait...

Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal Adani Ports and Special Economic Zone Services 31.14 6.40 0.02 6.40
up Tata Steel Metals 4.82 5.29 0.00 4.83
down ITC FMCG 19.39 4.37 0.00 4.37
up Adani Enterprises Services 203.48 3.93 0.00 3.93
down Tata Consultancy Services Technology 39.49 5.13 0.00 3.79
down State Bank of India Financial 16.01 3.18 0.00 3.05
down JSW Steel Metals 8.47 2.29 0.00 1.68
new Kotak Mahindra Bank Financial 38.44 3.25 0.00 1.65
down United Spirits FMCG 81.47 1.61 0.21 1.61
down Zee Entertainment Services 26.80 1.53 0.00 1.31
up Indusind Bank Financial 18.19 2.45 0.00 1.26
down Sun Pharmaceutical Industries Healthcare 32.82 5.63 1.21 1.21
up Jindal Steel & Power Metals 6.25 1.59 0.00 1.18
down Escorts Automobile 29.76 1.12 0.00 1.12
down Piramal Enterprises Healthcare 54.68 1.18 0.00 1.02
down HDFC Life Insurance Insurance 126.21 1.08 0.00 0.99
down Hindustan Unilever FMCG 66.82 6.33 0.00 0.97
up Reliance Industries Energy 33.03 8.44 0.00 0.93
down DLF Construction 63.66 1.34 0.00 0.93
up Cadila Healthcare Healthcare 9.35 1.54 0.00 0.90
down Tata Chemicals Chemicals 38.48 0.89 0.00 0.86
down Lupin Healthcare -- 1.85 0.00 0.85
up UPL Chemicals 19.91 0.89 0.00 0.82
up Grasim Industries Construction 20.60 2.10 0.05 0.80
up Axis Bank Financial 21.85 3.73 0.00 0.58

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Dec-2021

Fund Manager

— Arun Agarwal since 24-Aug-2020

Education: Mr. Agarwal is a B.Com., Chartered Accountant

Experience: Prior to joining HDFC Asset Management Company Limited, he has worked with SBI Funds Management Pvt. Ltd., ICICI Bank Limited, UTI Asset Management Pvt. Ltd.

Funds Managed:

— Krishan Kumar Daga since 10-Sep-2015

Education: Mr. Daga is a B.Com (H).

Experience: Prior to joining HDFC AMC he has worked with Reliance Mutual Fund, Reliance Capital Ltd., Deutsche Securities, B&K Securities, Brics Securities, JP Morgan Securities and HSBC Securities.

Funds Managed:


-0.03%

Change from previous, NAV as on 14-Jan-2022

Growth: ₹ 15.9500

IDCW Monthly: ₹ 10.5450

IDCW: ₹ 10.8440


Investment Strategy

The scheme seeks to generate income through arbitrage opportunities and debt & money market instruments.

Investment Details

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 500
Min. No of Cheques 12
Min. Withdrawal (₹) 500
Min. Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0.25% for redemption within 30 days

Basic Details

Fund House: HDFC Mutual Fund
Launch Date: 07-Apr-2014
Return Since Launch: 6.19%
Benchmark: NIFTY 50 Arbitrage TRI
Riskometer: Low
Type: Open-ended
Assets: ₹ 6,873 Cr (As on 31-Dec-2021)
Expense: 0.40% (As on 31-Dec-2021)
Risk Grade: Above Average
Return Grade: Below Average
Turnover: 256.42%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW23-Dec-20210.0400

 18-Nov-20210.0400
 21-Oct-20210.0400
 23-Sep-20210.0400
 20-Aug-20210.0400
 22-Jul-20210.0400
 17-Jun-20210.0400
 20-May-20210.0400
 22-Apr-20210.0400
 19-Nov-20200.0300
 22-Oct-20200.0900
 23-Jul-20200.0200
 18-Jun-20200.0400
 21-May-20200.0450
 23-Apr-20200.0480
 19-Mar-20200.0440
 20-Feb-20200.0900
 23-Jan-20200.0400
 19-Dec-20190.0450
 21-Nov-20190.0500
 24-Oct-20190.0500
 19-Sep-20190.0500
 22-Aug-20190.0500
 18-Jul-20190.0500
 20-Jun-20190.0500
IDCW Monthly23-Dec-20210.0400

 18-Nov-20210.0400
 21-Oct-20210.0400
 23-Sep-20210.0400
 20-Aug-20210.0400
 22-Jul-20210.0400
 17-Jun-20210.0400
 20-May-20210.0400
 22-Apr-20210.0400
 18-Mar-20210.0340
 19-Nov-20200.0300
 22-Oct-20200.0900
 23-Jul-20200.0200
 18-Jun-20200.0400
 21-May-20200.0450
 23-Apr-20200.0480
 19-Mar-20200.0440
 20-Feb-20200.0450
 23-Jan-20200.0400
 19-Dec-20190.0450
 21-Nov-20190.0500
 24-Oct-20190.0500
 19-Sep-20190.0500
 22-Aug-20190.0500
 18-Jul-20190.0500

Contact Information

AMC: HDFC Asset Management Company Ltd

Address: "HDFC House"-2nd Floor, H.T. Parekh Marg - 165-166, Backbay Reclamation, Churchgate Mumbai - 400020

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 022-22821144

Website: http://www.hdfcfund.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

Upcoming Video

Investors' Hangout

Investment ideas for 2022

DateFriday, 21-Jan-2022
Time12:30 PM - 01:00 PM

attending You have reserved a spot