IDFC Arbitrage Fund - Growth - Direct Plan

₹24.86 (-0.09%)Nav, as on 23-08-2019
Previous Nav
₹ 24.8817
Net Change on 23-08-2019
₹-0.02
PersonalFN Rating
Unrated
Category
Hybrid - Arbitrage Fund
Assets (Cr.)
₹ 7,381.96
Expense Ratio
0.4%
(As on Jul 31, 2019)

Fund Overview Growth | Direct Plan

Fund House
IDFC Mutual Fund
Launch Date
01-Jan-2013
Benchmark
NIFTY 50 - TRI
Minimum Investment (₹)
100
Minimum Addl Investment (₹)
100
Exit Load (%)
0.25% on or before 1M
Minimum SIP Investment (₹)
100
Minimum STP Investment (₹)
100
Minimum SWP Investment (₹)
500
52 Week Low Nav (₹)
23.11
52 Week Low Nav Date
23-Aug-2018
52 Week High Nav (₹)
24.88
52 Week High Nav Date
22-Aug-2019

Fund Objective

The investment objective of the Scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunity in the cash and the derivative segments of the equity markets and the arbitrage opportunity available within the derivative segments and by investing the balance in debt and money market instruments. However 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
IDFC Arbitrage Fund-Direct Plan- Growth	0.53	1.74	6.84	6.19	6.50	7.13
NIFTY 50 - TRI	1.98	4.01	3.99	14.97	14.08	13.54
Nifty 50 Arbitrage Index	0.56	1.88	6.84	N/A	N/A	5.47

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.)
IDFC Arbitrage Fund-Direct Plan- Growth	Dec 21, 2006	Unrated	6.84	6.19	6.50	1.08	7,381.96
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
Aditya Birla Sun Life Arbitrage Fund - Growth - Direct Plan	Jul 24, 2009	Unrated	6.64	6.13	6.53	0.84	4,315.98
HDFC Arbitrage Fund -Direct Plan - Growth Option	Oct 23, 2007	Unrated	6.24	5.89	6.37	0.75	3,983.91

Fund Holdings as on 31-July-2019

Company % Assets
HDFC Bank Limited
8.96
Axis Bank Limited
4.24
ITC Limited
3.58
8.37% National Bank For Agriculture and Rural Development
3.15
Housing Development Finance Corporation Limited
3.08
HDFC Bank Limited
2.88
Reliance Industries Limited
2.86
Larsen & Toubro Limited
2.71
IDFC First Bank Limited
2.64
Triparty Repo
2.47
ICICI Bank Limited
2.37
Infosys Limited
2.32
Housing Development Finance Corporation Limited
2.26
State Bank of India
1.98
The Federal Bank Limited
1.83
Tata Consultancy Services Limited
1.76
ICICI Bank Limited
1.75
7.67% Housing Development Finance Corporation Limited **
1.56
Maruti Suzuki India Limited
1.49
Cash Margin - Derivatives
1.47
IndusInd Bank Limited
1.44
7.2525% Bajaj Finance Limited **
1.35
Titan Company Limited
1.22
Sun Pharmaceutical Industries Limited
1.21
Bajaj Finserv Limited
1.11
Bajaj Finance Limited
1.10
Bharat Petroleum Corporation Limited
1.03
Vedanta Limited
1.03
8.49% Housing Development Finance Corporation Limited **
0.95
GAIL (India) Limited
0.94
Hindustan Unilever Limited
0.92
Godrej Consumer Products Limited
0.92
Marico Limited
0.92
Tech Mahindra Limited
0.87
RBL Bank Limited
0.83
Ambuja Cements Limited
0.77
SRF Limited
0.75
8.18% Small Industries Dev Bank of India **
0.75
Grasim Industries Limited
0.72
8.22% National Bank For Agriculture and Rural Development **
0.68
Adani Power Limited
0.67
UltraTech Cement Limited
0.67
Housing Development Finance Corporation Limited
0.66
NTPC Limited
0.66
Jindal Steel & Power Limited
0.66
Cadila Healthcare Limited
0.65
Small Industries Dev Bank of India **
0.64
8.52% Housing Development Finance Corporation Limited **
0.61
Dabur India Limited
0.61
JSW Steel Limited
0.58
Mahindra & Mahindra Limited
0.58
Oil & Natural Gas Corporation Limited
0.56
Shriram Transport Finance Company Limited
0.56
ACC Limited
0.55
Power Finance Corporation Limited
0.53
Aurobindo Pharma Limited
0.50
Hindustan Petroleum Corporation Limited
0.49
Axis Bank Limited
0.48
Bharti Airtel Limited
0.46
Mahindra & Mahindra Financial Services Limited
0.43
UPL Limited
0.42
Petronet LNG Limited
0.42
Hero MotoCorp Limited
0.42
NCC Limited
0.41
Vodafone Idea Limited
0.40
United Breweries Limited
0.39
Tata Chemicals Limited
0.39
Coal India Limited
0.37
Asian Paints Limited
0.37
Apollo Hospitals Enterprise Limited
0.36
DLF Limited
0.36
Escorts Limited
0.34
8.97% LIC Housing Finance Limited **
0.34
7.8236% Sundaram Finance Limited **
0.34
Dr. Reddy's Laboratories Limited
0.34
Tata Motors Limited
0.34
Hindustan Zinc Limited
0.33
NMDC Limited
0.32
Tata Steel Limited
0.32
National Bank For Agriculture and Rural Development **
0.32
Bajaj Auto Limited
0.31
Wipro Limited
0.31
Canara Bank
0.30
United Spirits Limited
0.29
Pidilite Industries Limited
0.28
Exide Industries Limited
0.28
Manappuram Finance Limited
0.28
Muthoot Finance Limited
0.28
Cipla Limited
0.27
7.9% Bajaj Finance Limited **
0.27
RBL Bank Limited
0.27
Tata Motors Limited (DVR Shares)
0.26
Mahanagar Gas Limited
0.26
Motherson Sumi Systems Limited
0.25
Adani Enterprises Limited
0.24
Castrol India Limited
0.24
Bharti Infratel Limited
0.23
8.6% National Bank For Agriculture and Rural Development **
0.21
7.9% HDB Financial Services Limited **
0.20
7.85% Small Industries Dev Bank of India **
0.20
Divi's Laboratories Limited
0.20
Punjab National Bank
0.20
Union Bank of India
0.20
Equitas Holdings Limited
0.20
Bank of Baroda
0.19
Berger Paints (I) Limited
0.19
8.5% National Bank For Agriculture and Rural Development **
0.17
Adani Ports and Special Economic Zone Limited
0.16
Tata Global Beverages Limited
0.15
Tata Power Company Limited
0.15
Power Grid Corporation of India Limited
0.15
Nestle India Limited
0.15
Bharat Electronics Limited
0.14
9.11% Housing Development Finance Corporation Limited **
0.14
9.22% LIC Housing Finance Limited
0.14
7.8% Housing Development Finance Corporation Limited **
0.14
Max Financial Services Limited
0.13
Axis Bank Limited **
0.13
Kotak Mahindra Investments Limited **
0.13
Havells India Limited
0.13
Hindalco Industries Limited
0.13
National Bank For Agriculture and Rural Development **
0.13
Small Industries Dev Bank of India **
0.13
Indian Oil Corporation Limited
0.13
The Federal Bank Limited
0.13
HCL Technologies Limited
0.12
Apollo Tyres Limited
0.12
Bharat Heavy Electricals Limited
0.12
Kajaria Ceramics Limited
0.11
Kotak Mahindra Bank Limited
0.11
Dish TV India Limited
0.11
Bank of India
0.10
Shree Cement Limited
0.08
Engineers India Limited
0.08
Kotak Mahindra Prime Limited **
0.08
GMR Infrastructure Limited
0.08
9.64% Power Grid Corporation of India Limited **
0.07
7.9% National Bank For Agriculture and Rural Development **
0.07
8.8% Housing Development Finance Corporation Limited **
0.07
8.8297% Bajaj Finance Limited **
0.07
MindTree Limited
0.06
Arvind Limited
0.06
Oracle Financial Services Software Limited
0.06
Container Corporation of India Limited
0.05
Steel Authority of India Limited
0.05
Birlasoft Limited
0.04
NBCC (India) Limited
0.04
LIC Housing Finance Limited
0.04
Torrent Power Limited
0.03
8.49% LIC Housing Finance Limited **
0.03
Tata Elxsi Limited
0.03
Bosch Limited
0.02
Century Textiles & Industries Limited
0.02
Bata India Limited
0.02
Sundaram Finance Limited **
0.02
Siemens Limited
0.02
Raymond Limited
0.01
Britannia Industries Limited
0.01
Glenmark Pharmaceuticals Limited
0.01
Ashok Leyland Limited
0.01
Oil India Limited
0.01
Lupin Limited
0.01
Zee Entertainment Enterprises Limited
0.01
Bharat Forge Limited
0.01
CESC Limited
0.00
Colgate Palmolive (India) Limited
0.00
Eicher Motors Limited
0.00
The Ramco Cements Limited
0.00
Net Receivables/Payables
-4.86

Sector Holding%
Miscellaneous
16.55
Bank - Private
11.37
IT - Software
5.57
Refineries
4.50
Cigarettes/Tobacco
3.58
Engineering - Construction
3.20
Pharmaceuticals & Drugs
3.19
Finance - Housing
3.11
Bank - Public
2.96
Finance - NBFC
2.85
Household & Personal Products
2.45
Automobiles - Passenger Cars
2.08
Cement & Construction Materials
2.07
Power Generation/Distribution
1.66
Metal - Non Ferrous
1.49
Diversified
1.49
Industrial Gases & Fuels
1.36
Diamond & Jewellery
1.22
Finance - Investment
1.11
Telecommunication - Service Provider
1.09
Consumer Food
1.08
Steel & Iron Products
0.96
Automobile Two & Three Wheelers
0.73
Mining & Minerals
0.70
Breweries & Distilleries
0.68
Chemicals
0.67
Steel/Sponge Iron/Pig Iron
0.66
Oil Exploration
0.58
Paints
0.55
Finance Term Lending
0.53
Pesticides & Agrochemicals
0.42
Construction - Real Estate
0.40
Hospital & Healthcare Services
0.36
Automobiles-Trucks/Lcv
0.35
Automobiles-Tractors
0.34
Batteries
0.28
Auto Ancillary
0.27
Gas Transmission/Marketing
0.26
Engineering - Industrial Equipments
0.26
Lubricants
0.24
Trading
0.24
Port
0.16
Tea/Coffee
0.15
Electric Equipment
0.15
Finance - Others
0.13
Tyres & Allied
0.12
TV Broadcasting & Software Production
0.11
Ceramics/Marble/Granite/Sanitaryware
0.11
Engineering
0.08
Textile
0.06
Logistics
0.05
Retailing
0.02
Textile - Weaving
0.01
Forgings
0.01

About IDFC Arbitrage Fund

Scheme Analysis

IDFC Arbitrage Fund is a Hybrid - Arbitrage Fund fund and belongs to IDFC Mutual Fund. It was launched on 01-Jan-2013 and currently has an AUM of ₹7,381.96 crore. IDFC Arbitrage Fund is benchmarked against NIFTY 50 - TRI as primary index and Nifty 50 Arbitrage Index as secondary index.

The NAV of IDFC Arbitrage Fund ended down ₹-0.02(-0.09%)yesterday to ₹24.86.

Among its top 3 holdings the fund has exposure to HDFC Bank Limited, Axis Bank Limited and ITC Limited

The IDFC Arbitrage Fund is managed by Arpit Kapoor and Yogik Pitti.

Fund House Contact

Address:

OneIndiaBulls Centre, 841, Jupiter Mills Compound, Senapati Bapat Marg, Elphinstone Road (West), Mumbai - 400 013

Phone Number: 022-66289999

Email Address: investormf@idfc.com

Fax Number: 022-24215052

Website: www.idfcmf.com

Fund Manager

Arpit Kapoor

Education:B.Tech,PGDM,CFA(3 levels)
Experience:4 Years
Basic Details:Mr. Arpit was recruited by UTI AMC from campus in 2009 into its mutual fund research team. His current research responsibilities encompass the Healthcare, Consumer Staples and Hospitality sectors. His pre-MBA work experience includes a 2-year stint with an MNC IT company, THBS, Bangalore and an international internship with Mobintech A/S Denmark. Presently, he is functioning adding value in UTI as a Fund Manager.
Funds Managed:
IDFC Arbitrage Fund
IDFC Asset Allocation Fund Of Fund - Aggressive Plan
IDFC Asset Allocation Fund Of Fund - Conservative Plan
IDFC Asset Allocation Fund Of Fund - Moderate Plan
IDFC Dynamic Equity Fund
IDFC Large Cap Fund
IDFC Nifty Fund

Yogik Pitti

Education:B.Com
Experience:6
Basic Details:Mr.Yogik Pitti has an experience of over 6 years. He has been associated with IDFC Mutual Fund since 2007 as an Equity Dealer.
Funds Managed:
IDFC Arbitrage Fund
IDFC Equity Savings Fund
IDFC Nifty ETF
IDFC Sensex ETF

Harshal Joshi

Education:PGDBM
Experience:5.5 Years
Basic Details:Mr. Harshal Joshi has an overall experience of 5.5 years. He has been associated with IDFC Mutual Fund since December 2008 with Fixed Income Investment team. Prior to this, he was associated with ICAP India Pvt. Ltd.
Funds Managed:
IDFC All Seasons Bond Fund
IDFC Arbitrage Fund
IDFC Cash Fund
IDFC Equity Savings Fund
IDFC Government Securities Fund - Constant Maturity Plan
IDFC Money Manager Fund
IDFC Ultra Short Term Fund

Holding Type Holding %
CARE A1+
0.13
CARE AAA
0.95
Cash
-0.92
CRISIL A1+
1.88
CRISIL AAA
9.96
Deposits
16.55
Equity
68.09
FITCH AAA
0.34
ICRA A1+
2.39
ICRA AAA
0.36
Rights
0.26

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