VR Logo

5 star

Edelweiss Arbitrage Fund - Regular Plan


Hybrid: Arbitrage

1 Lakh

Investment Grown to
₹ 1.19 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.91 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 3.51 0.08 0.09 0.37 0.61 1.97 5.00 5.84 6.01 -- --
CCIL T Bill Liquidity Weight 2.45 0.02 0.02 0.17 0.56 1.65 3.48 4.01 4.19 -- --
Hybrid: Arbitrage 2.89 0.07 0.10 0.35 0.57 1.48 4.24 5.37 5.78 -- --
Rank within category 4 7 13 8 13 3 4 3 1 -- --
Number of funds in category 24 27 27 26 25 25 24 17 15 10 9

As on 18-Sep-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Edelweiss Arbitrage Fund - Regular Plan  | Invest Online
5 star
Jun-14 5.00 5.84 6.01 1.09 3,501
Kotak Equity Arbitrage Fund Regular Plan  | Invest Online
5 star
Sep-05 4.74 5.80 5.97 1.01 15,000
Nippon India Arbitrage Fund  | Invest Online
4 star
Oct-10 4.72 5.93 5.99 1.02 7,384
Aditya Birla Sun Life Arbitrage Fund  | Invest Online
4 star
Jul-09 4.67 5.67 5.80 0.90 4,099
UTI Arbitrage Fund - Regular Plan  | Invest Online
4 star
Jun-06 4.79 5.80 5.90 0.93 2,998

Best & Worst Performance

Best (Period) Worst (Period)
Week 0.62 (25-Mar-2020 - 01-Apr-2020) -0.51 (29-May-2020 - 05-Jun-2020)
Month 1.06 (11-Mar-2015 - 10-Apr-2015) -0.24 (29-May-2020 - 29-Jun-2020)
Quarter 2.62 (12-Mar-2015 - 11-Jun-2015) -0.04 (29-May-2020 - 28-Aug-2020)
Year 9.22 (02-Jul-2014 - 02-Jul-2015) 4.84 (03-Sep-2019 - 02-Sep-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.70 0.75 0.75 0.89 1.03 1.77
CCIL T Bill Liquidity Weight 3.97 0.31 -3.79 -6.90 -- --
Hybrid: Arbitrage 5.25 0.92 0.33 0.48 0.76 1.01
Rank within category 3 5 3 4 16 1
Number of funds in category 17 17 17 17 17 17

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

As on 31-Aug-2020

Asset Allocation (%)

ajax-loader
Please wait...

Concentration & Valuation

Number of Stocks 115
Top 10 Holdings (%) 28.26
Top 5 Holdings (%) 19.38
Top 3 Sectors (%) --
Portfolio P/B Ratio 2.14
Portfolio P/E Ratio 19.51

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
new Reserve Bank of India 182-D 31/12/2020 Treasury Bills SOV 0.00 - 2.83 2.83
new Reserve Bank of India 364-D 03/12/2020 Treasury Bills SOV 0.00 - 1.42 1.42
equal Axis Bank 13/01/2021 Certificate of Deposit A1+ 0.00 - 2.00 1.41
equal 6.60% AU Small Finance Bank 2021 Fixed Deposits -- 0.00 - 1.05 0.71
equal 5.00% HDFC Bank 13/01/2021 Fixed Deposits -- 0.00 - 0.81 0.71
equal 5.00% HDFC Bank 2021 Fixed Deposits -- 0.00 - 0.81 0.71
equal 5.00% HDFC Bank 2021 Fixed Deposits -- 0.00 - 0.81 0.71
equal 3.00% HDFC Bank 29/09/2020 Fixed Deposits -- 0.00 - 0.71 0.71
equal 3.00% HDFC Bank 28/09/2020 Fixed Deposits -- 0.00 - 0.71 0.71
equal 3.00% HDFC Bank 2020 Fixed Deposits -- 0.00 - 0.71 0.71
equal 3.00% HDFC Bank 2020 Fixed Deposits -- 0.00 - 0.71 0.71
new 2.75% HDFC Bank 13/11/2020 Fixed Deposits -- 0.00 - 0.71 0.71
equal 3.35% HDFC Bank 28/09/2020 Fixed Deposits -- 0.00 - 0.71 0.71
equal 3.25% HDFC Bank 30/11/2020 Fixed Deposits -- 0.00 - 0.71 0.71
equal 2.75% HDFC Bank 2020 Fixed Deposits -- 0.00 - 0.71 0.71
equal 6.15% Federal Bank 18/12/2020 Fixed Deposits -- 0.00 - 1.05 0.71
equal 5.25% Axis Bank 16/12/2020 Fixed Deposits -- 0.00 - 1.05 0.71
equal 5.25% Axis Bank 2020 Fixed Deposits -- 0.00 - 1.05 0.71
new Reserve Bank of India 182-D 07/01/2021 Treasury Bills SOV 0.00 - 0.71 0.71
equal Reserve Bank of India 182-D 19/11/2020 Treasury Bills SOV 0.00 - 0.71 0.71
equal 4.75% Federal Bank 27/07/2021 Fixed Deposits -- 0.00 - 0.71 0.71
equal 6.15% Federal Bank 21/12/2020 Fixed Deposits -- 0.00 - 1.05 0.71
new Reserve Bank of India 364-D 18/03/2021 Treasury Bills SOV 0.00 - 0.70 0.70
new HDFC 317-D 10/03/2021 Commercial Paper A1+ 0.00 - 0.70 0.70
equal 7.88% LIC Housing Fin. 28/01/2021 Bonds/NCDs AAA 0.00 - 0.84 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

Sector Allocation vis-à-vis Category

ajax-loader
Please wait...

Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up Reliance Industries Energy 36.70 9.28 0.00 5.98
up HDFC Financial 14.08 8.51 0.00 4.97
down ICICI Bank Financial 25.08 4.87 0.00 2.82
down Adani Ports and Special Economic Zone Services 20.77 2.78 0.00 2.78
down Hindustan Unilever FMCG 71.98 4.07 0.00 2.24
up Infosys Technology 25.08 7.38 0.00 1.80
down Bharti Airtel Communication -- 4.97 0.00 1.75
down Aurobindo Pharma Healthcare 16.31 2.44 0.00 1.62
up Cipla Healthcare 39.52 1.47 0.00 1.47
up Nestle India FMCG 74.61 1.54 0.00 1.46
down Dr. Reddy's Lab Healthcare 45.55 2.26 0.00 1.45
down Pidilite Industries Chemicals 86.88 1.76 0.00 1.37
up Larsen & Toubro Construction 15.08 4.80 0.00 1.21
down Divi's Laboratories Healthcare 55.67 1.73 0.00 1.18
up Sun Pharmaceutical Inds. Healthcare 173.92 5.76 0.13 1.17
down Grasim Industries Construction 14.31 3.63 0.04 1.14
down Axis Bank Financial 80.21 3.60 0.00 1.13
up United Spirits FMCG 183.50 1.93 0.02 1.12
down Dabur India FMCG 63.05 1.82 0.00 1.12
new HCL Technologies Technology 18.72 1.38 0.00 1.07
up Tata Steel Metals -- 3.98 0.00 1.06
up State Bank of India Financial 7.96 4.13 0.00 0.99
down SRF Diversified 24.64 1.38 0.00 0.92
down JSW Steel Metals 28.48 4.13 0.00 0.88
down Vedanta Metals -- 1.88 0.00 0.85

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-Aug-2020

Fund Manager


0.08%

Change from previous, NAV as on 18-Sep-2020

Growth: ₹ 14.8515

Dividend Monthly: ₹ 12.1333

More

Dividend: ₹ 10.8981

Bonus: ₹ 14.8541


Investment Strategy

The Scheme seeks to generate income by predominantly investing in arbitrage opportunities in the cash and the derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market instruments.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) --
Exit Load 0.1% for redemption within 30 days

Basic Details

Fund House: Edelweiss Mutual Fund
Launch Date: 27-Jun-2014
Return Since Launch: 6.55%
Benchmark: NIFTY 50 Arbitrage
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 3,501 Cr (As on 31-Aug-2020)
Expense: 1.09% (As on 31-Aug-2020)
Risk Grade: Low
Return Grade: High
Turnover: 386.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Monthly18-Mar-20200.3719

 24-Feb-20200.0531
 28-Jan-20200.0531
 24-Dec-20190.0531
 25-Nov-20190.0531
 29-Oct-20190.0531
 23-Sep-20190.0531
 26-Aug-20190.0531
 22-Jul-20190.0531
 24-Jun-20190.0531
 27-May-20190.0531
 30-Apr-20190.0531
 25-Mar-20190.0531
 25-Feb-20190.0531
 28-Jan-20190.0531
 24-Dec-20180.0531
 26-Nov-20180.0531
 22-Oct-20180.0531
 24-Sep-20180.0531
 27-Aug-20180.0531
 23-Jul-20180.0531
 25-Jun-20180.0531
 28-May-20180.0531
 24-Apr-20180.0531
 19-Mar-20180.2000
Dividend12-Mar-20200.2036

 11-Sep-20190.0708
 05-Aug-20190.0797
 14-Mar-20190.0443
 18-Feb-20190.0531
 14-Jan-20190.0531
 12-Dec-20180.0531
 19-Nov-20180.0531
 09-Oct-20180.0620
 13-Aug-20180.0354
 26-Jul-20180.0531
 12-Jun-20180.0531
 21-May-20180.0443
 18-Apr-20180.0531
 05-Mar-20180.2600
 10-Oct-20170.0700
 12-Sep-20170.1000
 11-Jul-20170.0600
 06-Jun-20170.1700
 10-Feb-20170.0450
 19-Jan-20170.0500
 20-Dec-20160.0600
 10-Nov-20160.0800
 14-Oct-20160.1000
 08-Jun-20160.0800

Contact Information

AMC: Edelweiss Asset Management Ltd.

Address: 801- 802 & 803 - 8th Floor, Windsor Off C.S.T. Road, Kalina-Santacruz (E), Mumbai - 400098

Phone: 40933400 / 1800-425-0090

Email: [email protected]

Website: http://www.edelweissmf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

Investors' Hangout

Making sense of the rising market and shrinking GDP

dateFriday, 25-Sep-2020
time12:30 PM - 01:00 PM