HDFC Arbitrage Fund - Growth - Direct Plan

₹22.80 (-0.07%)Nav, as on 23-08-2019
Previous Nav
₹ 22.814
Net Change on 23-08-2019
₹-0.02
PersonalFN Rating
Unrated
Category
Hybrid - Arbitrage Fund
Assets (Cr.)
₹ 3,983.91
Expense Ratio
0.25%
(As on Jul 31, 2019)

Fund Overview Growth | Direct Plan

Fund House
HDFC Mutual Fund
Launch Date
31-Dec-2012
Benchmark
Crisil Liquid Fund Index
Minimum Investment (₹)
100,000
Minimum Addl Investment (₹)
100,000
Exit Load (%)
0.25% on or before 1M, Nil after 1M
Minimum SIP Investment (₹)
300
Minimum STP Investment (₹)
500
Minimum SWP Investment (₹)
500
52 Week Low Nav (₹)
21.35
52 Week Low Nav Date
27-Aug-2018
52 Week High Nav (₹)
22.81
52 Week High Nav Date
22-Aug-2019

Fund Objective

To generate income through arbitrage opportunities and debt & money market instruments. There is no assurance that the investment objective of the Scheme will be realized.

Fund Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
HDFC Arbitrage Fund -Direct Plan - Growth Option	0.55	1.71	6.24	5.89	6.37	7.11
Crisil Liquid Fund Index	N/A	N/A	N/A	N/A	N/A	N/A
NIFTY 50 - TRI	1.98	4.01	3.99	14.97	14.08	13.54

Returns upto 1 year is Absolute, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name	Launch Date	Ratings	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
HDFC Arbitrage Fund -Direct Plan - Growth Option	Oct 23, 2007	Unrated	6.24	5.89	6.37	0.75	3,983.91
Kotak Equity Arbitrage Fund - Growth - Direct	Sep 29, 2005	Unrated	6.72	6.29	6.67	0.97	14,526.64
ICICI Prudential Equity Arbitrage Fund - Direct Plan - Growth	Dec 30, 2006	Unrated	6.57	6.16	6.57	0.95	11,317.82
Reliance Arbitrage Fund - Direct Plan Growth Plan - Growth Option	Oct 14, 2010	Unrated	6.84	6.41	6.79	1.04	8,904.16
IDFC Arbitrage Fund-Direct Plan- Growth	Dec 21, 2006	Unrated	6.84	6.19	6.50	1.08	7,381.96
Aditya Birla Sun Life Arbitrage Fund - Growth - Direct Plan	Jul 24, 2009	Unrated	6.64	6.13	6.53	0.84	4,315.98

Fund Holdings as on 31-July-2019

Company % Assets
Reliance Industries Ltd.
8.00
The Federal Bank Ltd.
7.91
Collateralised Borrowing & Lending Obligation
6.69
Tata Consultancy Services Ltd.
4.87
Sun Pharmaceutical Industries Ltd.
4.26
Housing Development Fin. Corp. Ltd.$
4.25
Aurobindo Pharma Ltd.
3.74
Hindustan Unilever Ltd.
3.20
RBL Bank Ltd.
3.14
Bank of Baroda**
2.49
Axis Bank Ltd.
2.41
Mahindra & Mahindra Ltd.
2.22
Axis Bank Ltd.
2.13
Infosys Limited
1.94
HCL Technologies Ltd.
1.52
Power Grid Corporation of India Ltd**
1.51
Jammu & Kashmir Bank Ltd.
1.51
Maruti Suzuki India Limited
1.48
HDFC Bank Ltd.
1.37
ITC Ltd.
1.31
Small Industries Development Bank**
1.26
SBI Cards & Payment Services P. Ltd**
1.25
CanFin Homes Ltd**
1.22
Vedanta Ltd.**
1.22
Punjab National Bank**
1.21
Larsen and Toubro Ltd.
1.21
DLF LIMITED
1.12
Asian Paints Limited
1.11
Nestle India Ltd.
1.10
Dabur India Ltd.
1.07
Dr Reddys Laboratories Ltd.
1.03
Lupin Ltd.
1.01
Tata Steel Ltd.
0.97
ADANI ENTERPRISES LIMTIED
0.77
Hero MotoCorp Ltd.
0.76
Punjab National Bank**
0.73
Net Current Assets
0.72
Hindalco Industries Ltd
0.66
UPL Ltd.
0.63
Au Small Finance Bank Ltd.
0.63
NCC LTD
0.62
Syndicate Bank**
0.62
Adani Power (Mundra) Ltd. (Secured by Shares of Adani Port & SEZ Ltd.)
0.61
Titan Company Ltd.
0.60
Bajaj Finance Ltd.
0.53
Andhra Bank**
0.52
State Bank of India
0.51
IDFC First Bank Limited
0.50
Shriram Transport Finance Co. Ltd.
0.50
Marico Ltd.
0.48
Ashok Leyland Ltd
0.43
Petronet LNG Ltd.
0.41
UltraTech Cement Limited
0.39
Grasim Industries Ltd.
0.37
Bharat Petroleum Corporation Ltd.
0.36
Hindustan Petroleum Corp. Ltd.
0.34
Cipla Ltd.
0.33
Tata Motors Ltd.
0.33
The Tata Power Company Ltd.
0.32
Tata Motors Limited DVR
0.30
Tech Mahindra Ltd.
0.30
Bajaj Finserv Ltd
0.29
Glenmark Pharmaceuticals Ltd.
0.28
Vedanta Ltd.
0.26
The South Indian Bank Limited
0.25
Godrej Consumer Products Ltd.
0.25
Raymond Ltd.
0.24
United Spirits Limited
0.24
Adani Ports & Special Economic Zone
0.22
Mahindra & Mahindra Financial Services Ltd.
0.21
GAIL (India) Ltd.
0.19
Century Textiles & Industries Ltd.
0.19
Divis Laboratories Ltd.
0.19
Bharti Airtel Ltd.
0.18
Cadila Healthcare Ltd.
0.18
Tata Chemicals Ltd.
0.17
Bharat Heavy Electricals Ltd.
0.17
Multi Commodity Exchange of India L
0.14
Havells India Ltd.
0.14
Siemens Ltd.
0.11
Bajaj Auto Limited
0.10
Britannia Industries Ltd.
0.10
Exide Industries Ltd.
0.09
L&T Finance Holdings Ltd.
0.07
Tata Elxsi Ltd.
0.07
Wipro Ltd.
0.07
Motherson Sumi Systems Ltd.
0.07
Power Grid Corporation of India Ltd
0.07
National Aluminium Co. Ltd.
0.06
Sun TV Network Limited
0.05
ICICI Bank Ltd.**
0.05
JSW Steel Ltd
0.04
MRF Ltd.
0.04
NMDC Limited
0.04
Hindustan Zinc Ltd.
0.03
Kajaria Ceramics Ltd.
0.03
The Federal Bank Ltd.
0.02
Yes Bank Ltd.
0.02
Oracle Financial Ser Software Ltd
0.01
Power Finance Corporation Ltd
0.01
Oil & Natural Gas Corporation Ltd.
0.01
Shree Cement Ltd.
0.01
Bharti Infratel Ltd.
0.01
Arvind Limited
0.01
Ambuja Cements Ltd.
0.01

Sector Holding%
Miscellaneous
16.06
Pharmaceuticals & Drugs
11.02
IT - Software
8.78
Refineries
8.70
Household & Personal Products
4.51
Finance - Housing
4.25
Bank - Private
3.82
Automobiles - Passenger Cars
3.71
Engineering - Construction
1.83
Consumer Food
1.68
Finance - NBFC
1.32
Cigarettes/Tobacco
1.31
Construction - Real Estate
1.12
Paints
1.11
Steel & Iron Products
1.02
Power Generation/Distribution
1.00
Metal - Non Ferrous
0.95
Automobile Two & Three Wheelers
0.86
Trading
0.77
Automobiles-Trucks/Lcv
0.76
Pesticides & Agrochemicals
0.63
Industrial Gases & Fuels
0.60
Diamond & Jewellery
0.60
Diversified
0.56
Bank - Public
0.51
Cement & Construction Materials
0.41
Finance - Investment
0.29
Electric Equipment
0.25
Breweries & Distilleries
0.24
Textile - Weaving
0.24
Port
0.22
Telecommunication - Service Provider
0.19
Chemicals
0.17
Engineering - Industrial Equipments
0.17
Finance - Stock Broking
0.14
Batteries
0.09
Auto Ancillary
0.07
Aluminium & Aluminium Products
0.06
TV Broadcasting & Software Production
0.05
Tyres & Allied
0.04
Mining & Minerals
0.04
Ceramics/Marble/Granite/Sanitaryware
0.03
Oil Exploration
0.01
Finance Term Lending
0.01
Textile
0.01

About HDFC Arbitrage Fund

Scheme Analysis

HDFC Arbitrage Fund is a Hybrid - Arbitrage Fund fund and belongs to HDFC Mutual Fund. It was launched on 31-Dec-2012 and currently has an AUM of ₹3,983.91 crore. HDFC Arbitrage Fund is benchmarked against Crisil Liquid Fund Index as primary index and NIFTY 50 - TRI as secondary index.

The NAV of HDFC Arbitrage Fund ended down ₹-0.02(-0.07%)yesterday to ₹22.80.

Among its top 3 holdings the fund has exposure to Reliance Industries Ltd., The Federal Bank Ltd. and Collateralised Borrowing & Lending Obligation

The HDFC Arbitrage Fund is managed by Krishan Daga and Amar Kalkundrikar.

Fund House Contact

Address:

HDFC House, 2nd floor, H.T. Parekh Marg, 165-166 Backbay Reclamation, Churchgate Mumbai - 400 020

Phone Number: +91 (22) 66316333

Email Address: cliser@hdfcindia.com

Fax Number: +91 (22) 22821144

Website: www.hdfcfund.com

Fund Manager

Krishan Daga

Education:B.Com
Experience:21 Years
Basic Details:Mr. Daga is a Quantitative Analyst on sell side of Indian equity market, he was highly rated by local and global fund managers. He has a wide experience in Equity research. He is Working with Reliance Capital Asset Management Limited Fund Manager – Equity : Managing funds and Portfolio analysis based on quantitative skills from may 2008 till date
Funds Managed:
HDFC Arbitrage Fund
HDFC Equity Savings Fund
HDFC Gold Fund
HDFC Multi-Asset Fund
HDFC Nifty 50 ETF
HDFC Sensex ETF

Amar Kalkundrikar

Holding Type Holding %
CARE - A+
1.14
CARE - AAA
1.26
Cash
7.41
CRISIL - A1+
3.74
CRISIL - AA
1.22
CRISIL - AAA
1.51
Deposits
16.07
Equity
64.13
ICRA - A1+
1.22
ICRA - AA+
0.05
IND - A
1.94
Rights
0.30

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