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3 star

BNP Paribas Arbitrage Fund - Regular Plan


Hybrid: Arbitrage

1 Lakh

Investment Grown to
₹ 1.19 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.92 Lakh

Suitability:

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

Arbitrage funds keep their equity investments fully hedged, which basically means that their returns are not impacted by the day-to-day ups and downs of the stock market. The risk of incurring a loss in these funds is low but they do not guarantee returns or safety of capital.

Retail investors can avoid these funds altogether. We believe that liquid funds are a better alternative with a somewhat similar risk-return payoff but better liquidity.

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 paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 2.90 0.10 -0.08 0.19 0.87 2.68 5.74 6.01 -- -- --
CCIL T Bill Liquidity Weight 2.02 0.02 0.05 0.25 0.87 1.95 4.02 4.18 -- -- --
Hybrid: Arbitrage 2.41 0.11 -0.06 0.22 0.79 2.18 5.06 5.62 -- -- --
Rank within category 5 22 20 18 14 5 4 6 -- -- --
Number of funds in category 24 26 26 25 25 24 23 17 15 10 9

As on 03-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
BNP Paribas Arbitrage Fund - Regular Plan
3 star
Dec-16 5.74 6.01 -- 1.00 785
Kotak Equity Arbitrage Fund Regular Plan  | Invest Online
5 star
Sep-05 5.51 6.06 6.13 0.98 14,663
Nippon India Arbitrage Fund  | Invest Online
5 star
Oct-10 5.54 6.18 6.15 1.02 7,944
Aditya Birla Sun Life Arbitrage Fund  | Invest Online
4 star
Jul-09 5.52 5.93 5.97 0.90 4,182
Edelweiss Arbitrage Fund - Regular Plan  | Invest Online
5 star
Jun-14 5.78 6.10 6.18 1.09 3,569

Best & Worst Performance

Best (Period) Worst (Period)
Week 0.55 (03-Aug-2018 - 10-Aug-2018) -0.56 (29-May-2020 - 05-Jun-2020)
Month 1.04 (14-Feb-2020 - 16-Mar-2020) -0.30 (29-May-2020 - 29-Jun-2020)
Quarter 2.13 (09-Apr-2019 - 09-Jul-2019) 0.78 (01-Apr-2020 - 02-Jul-2020)
Year 6.91 (15-Mar-2019 - 16-Mar-2020) 5.60 (05-May-2017 - 07-May-2018)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.89 0.74 0.80 1.02 0.35 1.03
CCIL T Bill Liquidity Weight 4.07 0.28 -4.34 -7.86 -- --
Hybrid: Arbitrage 5.52 0.84 0.51 0.74 0.48 0.81
Rank within category 6 15 6 7 8 7
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 30-Jun-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 58
Top 10 Holdings (%) 48.11
Top 5 Holdings (%) 33.95
Top 3 Sectors (%) 0.29
Portfolio P/B Ratio 1.48
Portfolio P/E Ratio 12.63

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
up HDFC Bank 91-D Fixed Deposits -- 0.76 - 11.15 11.15
equal HDFC Bank 278-D Fixed Deposits -- 0.00 - 4.32 2.62
equal ICICI Bank 271-D Fixed Deposits -- 0.00 - 3.15 1.92
equal HDFC Bank 276-D Fixed Deposits -- 0.00 - 3.15 1.92
equal ICICI Bank 366-D Fixed Deposits -- 0.00 - 2.10 1.28
equal HDFC Bank 281-D Fixed Deposits -- 0.00 - 1.11 0.67
equal HDFC Bank 275-D Fixed Deposits -- 0.00 - 1.11 0.67
equal ICICI Bank 187-D Fixed Deposits -- 0.00 - 1.05 0.64
equal ICICI Bank 272-D Fixed Deposits -- 0.00 - 1.05 0.64
equal HDFC Bank 277-D Fixed Deposits -- 0.00 - 1.05 0.64
equal ICICI Bank 280-D Fixed Deposits -- 0.00 - 1.05 0.64
equal ICICI Bank 273-D Fixed Deposits -- 0.00 - 1.05 0.63
equal HDFC Bank 185-D Fixed Deposits -- 0.00 - 0.86 0.25

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

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
new ICICI Bank Financial 24.44 6.46 0.00 6.46
up Vedanta Metals -- 6.14 0.00 6.14
up Hindustan Unilever FMCG 75.58 5.22 0.00 5.22
up Bharti Airtel Communication -- 5.19 0.00 4.98
up Reliance Industries Energy 30.71 9.27 0.00 4.88
up Tech Mahindra Technology 13.58 2.40 0.00 2.25
up Dr. Reddy's Lab Healthcare 32.17 2.69 0.00 2.22
down Sun Pharmaceutical Inds. Healthcare 30.39 2.79 0.00 2.19
down Lupin Healthcare -- 3.00 0.00 2.14
up ACC Construction 18.23 2.11 0.00 2.11
new ITC FMCG 16.65 4.28 0.00 1.80
up Siemens Engineering 39.88 1.73 0.00 1.73
new Tata Motors Automobile -- 1.72 0.00 1.72
up DLF Construction -- 2.88 0.00 1.59
up State Bank of India Financial 8.34 3.85 0.00 1.59
up Wipro Technology 13.21 1.57 0.00 1.57
up Cipla Healthcare 33.31 1.33 0.00 1.33
up SRF Diversified 20.57 1.31 0.00 1.31
equal UPL Chemicals 19.11 1.44 0.00 1.18
down Federal Bank Financial 6.72 3.37 0.00 1.16
up NMDC Metals 7.07 1.03 0.00 1.03
new JSW Steel Metals 11.45 2.36 0.00 0.97
up Container Corp. Services 64.75 0.88 0.00 0.88
new HCL Technologies Technology 14.21 1.80 0.00 0.86
up Power Grid Corporation Energy 9.92 0.77 0.00 0.61

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-May-2020

Fund Manager

— Karthikraj Lakshmanan since 08-Dec-2016

Education: Mr. Lakshmanan is Commerce Graduate, PGDBM (from SPJIMR, Mumbai), CA and has cleared CFA Level 3 (US CFAI).

Experience: Prior to joining BNP Paribas AMC (Jul 14, 2008), he was associated with ICICI Prudential AMC as Senior Research Analyst (Mar 9, 2007-Jul 10, 2008), Goldman Sachs Services Pvt. Ltd. as Business Analyst (Apr 3, 2006-Mar 6, 2007) and with ICICI Bank as Management Trainee.

Funds Managed:

— Mayank Prakash since 08-Dec-2016

Education: Mr. Prakash is a Chartered Accountant and MBA (Finance).

Experience: Prior to joining BNP Paribas Mutual Fund he has worked with Kotak AMC.

Funds Managed:

— Chockalingam Narayanan since 01-Jul-2020

Education: Mr. Chockalingam has a Post Graduate Diploma in Management from T. A. Pai Management Institute, Manipal.

Experience: Prior to joining BNP Paribas Mutual Fund, he has worked with Deutsche Equities India Pvt. Ltd. and at Batlivala & Karani Securities.

Funds Managed:


0.10%

Change from previous, NAV as on 03-Jul-2020

Growth: ₹ 12.3550

Dividend Quarterly: ₹ 10.2170

More

Dividend Monthly: ₹ 10.0940

Adhoc Dividend: ₹ 10.5540


Investment Strategy

The scheme seeks to generate income and capital appreciation by investing in a combination of diversified portfolio of equity and equity related instruments, including use of equity derivatives strategies and arbitrage opportunities with exposure in debt and fixed income instruments.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 300
Minimum No of Cheques 20
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1
Exit Load 0.25% for redemption within 30 days

Basic Details

Fund House: BNP Paribas Mutual Fund
Launch Date: 28-Dec-2016
Return Since Launch: 6.20%
Benchmark: NIFTY 50 Arbitrage
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 785 Cr (As on 31-May-2020)
Expense: 1.00% (As on 31-May-2020)
Risk Grade: Average
Return Grade: High
Turnover: 1,891.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Adhoc Dividend08-May-20200.0500

 30-Mar-20200.0443
 06-Mar-20200.0443
 07-Feb-20200.0443
 06-Jan-20200.0443
 09-Dec-20190.0443
 25-Oct-20190.0443
 20-Sep-20190.0443
 23-Aug-20190.0443
 29-Jul-20190.0443
 24-Jun-20190.0443
 31-May-20190.0443
 30-Apr-20190.0443
 28-Mar-20190.0443
 25-Feb-20190.0443
 25-Jan-20190.0443
 21-Dec-20180.0443
 22-Nov-20180.0531
 29-Oct-20180.0443
 21-Sep-20180.0443
 23-Aug-20180.0443
 30-Jul-20180.0443
 22-Jun-20180.0443
 28-May-20180.0443
 30-Apr-20180.0531
Dividend Monthly08-May-20200.0500

 30-Mar-20200.0443
 06-Mar-20200.0443
 07-Feb-20200.0443
 06-Jan-20200.0443
 09-Dec-20190.0443
 25-Oct-20190.0443
 20-Sep-20190.0443
 23-Aug-20190.0443
 29-Jul-20190.0443
 24-Jun-20190.0443
 31-May-20190.0443
 30-Apr-20190.0443
 28-Mar-20190.0354
 25-Feb-20190.0443
 25-Jan-20190.0443
 21-Dec-20180.0443
 22-Nov-20180.0531
 29-Oct-20180.0443
 21-Sep-20180.0443
 23-Aug-20180.0443
 30-Jul-20180.0443
 22-Jun-20180.0443
 28-May-20180.0443
 30-Apr-20180.0531
Dividend Quarterly31-Mar-20200.1328

 06-Jan-20200.1328
 20-Sep-20190.1328
 24-Jun-20190.1328
 28-Mar-20190.1328
 21-Dec-20180.1328
 21-Sep-20180.1328
 22-Jun-20180.1328
 28-Mar-20180.1200
 22-Dec-20170.1500
 26-Sep-20170.1800

Contact Information

AMC: BNP Paribas Asset Management (India) Private Ltd.

Address: BNP Paribas House, 1 North Avenue, Maker Maxity, Bandra Kurla Complex, Bandra (E) Mumbai - 400051

Phone: 022-33704000

Fax: 022-33704294

Email: [email protected]

Website: http://www.bnpparibasmf.in

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

Last Session

VR Helpline

Winning and losing

dateSaturday, 04-Jul-2020
time04:00 PM - 05:00 PM

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