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4 star

BNP Paribas Arbitrage Fund - Regular Plan


Hybrid: Arbitrage

1 Lakh

Investment Grown to
₹ 1.15 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.82 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.

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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 0.11 0.02 0.08 0.18 0.82 1.60 3.70 4.76 5.30 -- --
CCIL T Bill Liquidity Weight 0.09 -0.01 0.05 0.17 0.49 1.04 2.08 3.11 3.50 -- --
Hybrid: Arbitrage 0.13 0.03 0.07 0.20 0.83 1.53 3.49 4.38 4.90 -- --
Rank within category 20 21 14 18 16 12 13 4 3 -- --
Number of funds in category 25 25 25 25 25 25 25 20 17 15 10

As on 17-Jan-2022

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
4 star
Dec-16 3.70 4.76 5.30 1.05% 707
Kotak Equity Arbitrage Fund Regular Plan  | Invest Online
5 star
Sep-05 4.04 4.74 5.31 1.00% 24,642
Tata Arbitrage Fund - Regular Plan  | Invest Online
5 star
Dec-18 3.86 4.98 -- 1.09% 11,119
Aditya Birla Sun Life Arbitrage Fund  | Invest Online
4 star
Jul-09 3.96 4.67 5.16 1.00% 8,562
Edelweiss Arbitrage Fund - Regular Plan  | Invest Online
5 star
Jun-14 3.95 4.76 5.30 1.07% 6,401

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 -0.07 29-May-2020 - 28-Aug-2020
Year 6.91 15-Mar-2019 - 16-Mar-2020 2.90 29-May-2020 - 31-May-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 4.71 0.81 1.22 1.76 1.01 1.59
CCIL T Bill Liquidity Weight 3.13 0.39 -1.53 -4.65 -- --
Hybrid: Arbitrage 4.34 0.81 0.78 1.16 0.87 1.14
Rank within category 4 13 6 6 17 3
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 (%)

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Concentration & Valuation

Number of Stocks 87
Top 10 Holdings (%) 41.51
Top 5 Holdings (%) 27.93
Top 3 Sectors (%) --
Portfolio P/B Ratio 2.92
Portfolio P/E Ratio 15.12
Avg Credit Rating GOI/Cash

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
down BNP Paribas Liquid Direct-G Mutual Fund -- 0.00 - 26.11 11.49
new Reserve Bank of India 364-D 03/03/2022 Treasury Bills SOV 0.00 - 4.22 4.22
new Reserve Bank of India 364-D 24/03/2022 Treasury Bills SOV 0.00 - 2.81 2.81
new Reserve Bank of India 364-D 11/03/2022 Treasury Bills SOV 0.00 - 2.39 2.39
new Reserve Bank of India 364-D 17/03/2022 Treasury Bills SOV 0.00 - 2.11 2.11
equal Reserve Bank of India 364-D 24/02/2022 Treasury Bills SOV 0.00 - 1.41 1.41
equal Reserve Bank of India 91-D 13/01/2022 Treasury Bills SOV 0.00 - 1.41 1.41
equal Reserve Bank of India 91-D 06/01/2022 Treasury Bills SOV 0.00 - 0.71 0.71
equal Reserve Bank of India 364-D 27/01/2022 Treasury Bills SOV 0.00 - 0.71 0.71

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
up Adani Ports and Special Economic Zone Services 30.54 5.72 0.00 5.72
up ITC FMCG 19.06 4.28 0.00 3.33
down Adani Enterprises Services 199.65 3.69 0.00 3.17
down Tata Steel Metals 4.68 4.37 0.00 3.05
new REC Financial 2.90 2.76 0.00 2.76
up Mahanagar Gas Energy 10.22 2.57 0.00 2.57
new Apollo Hospitals Healthcare 64.13 4.00 0.00 2.30
new National Aluminium Company Metals 8.66 3.86 0.00 2.19
up HDFC Financial 23.15 4.93 0.00 2.02
new Reliance Industries Energy 32.62 9.27 0.00 1.98
up Bharti Airtel Communication 138.60 5.19 0.00 1.97
up Godrej Consumer Products FMCG 54.01 3.16 0.00 1.85
up NMDC Metals 3.91 4.76 0.00 1.59
down Tata Consultancy Services Technology 39.21 3.52 0.00 1.59
new Indian Energy Exchange Services 87.34 1.58 0.00 1.58
new Tech Mahindra Technology 31.71 2.84 0.00 1.38
up Dr. Reddy's Lab Healthcare 39.75 2.94 0.00 1.24
up Tata Motors Automobile -- 3.06 0.00 1.21
up Siemens Engineering 76.11 2.04 0.00 1.18
down HCL Technologies Technology 30.07 6.37 0.00 1.14
up Divi's Laboratories Healthcare 56.40 3.97 0.00 1.14
new Shriram Transport Finance Company Financial 13.37 1.09 0.00 1.09
down Bajaj Auto Automobile 15.29 3.36 0.00 0.99
new Whirlpool Consumer Durable 36.17 0.99 0.00 0.99
down United Spirits FMCG 79.08 3.13 0.00 0.98

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

*As on 30-Nov-2021

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:

— 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:

— 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:


0.12%

Change from previous, NAV as on 18-Jan-2022

Growth: ₹ 13.0470

IDCW Quarterly: ₹ 10.1780

More

IDCW Monthly: ₹ 10.1500

Adhoc IDCW: ₹ 10.6360


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

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 300
Min. No of Cheques 20
Min. Withdrawal (₹) 1,000
Min. Balance (₹) 1
Lock-in Period Not Applicable
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: 5.37%
Benchmark: NIFTY 50 Arbitrage TRI
Riskometer: Low
Type: Open-ended
Assets: ₹ 707 Cr (As on 31-Dec-2021)
Expense: 1.05% (As on 31-Dec-2021)
Risk Grade: Below Average
Return Grade: High
Turnover: 2,250.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Adhoc IDCW10-Jan-20220.0500

 06-Dec-20210.0500
 08-Nov-20210.0500
 11-Oct-20210.0500
 06-Sep-20210.0500
 09-Aug-20210.0500
 05-Jul-20210.0500
 10-May-20210.0500
 09-Nov-20200.0500
 08-May-20200.0500
 30-Mar-20200.0443
 06-Mar-20200.0443
 06-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
IDCW Monthly10-Jan-20220.0500

 06-Dec-20210.0500
 08-Nov-20210.0500
 11-Oct-20210.0500
 06-Sep-20210.0500
 09-Aug-20210.0500
 05-Jul-20210.0500
 10-May-20210.0500
 09-Nov-20200.0500
 08-May-20200.0500
 30-Mar-20200.0443
 06-Mar-20200.0443
 06-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
IDCW Quarterly10-Jan-20220.1500

 11-Oct-20210.1500
 05-Jul-20210.1500
 30-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

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