IDFC Arbitrage Fund - Growth - Regular Plan

₹24.5532 0.07 %Nav, as on 20-02-2020
Previous Nav
₹ 24.5354
Net Change on 20-02-2020
₹0.02
PersonalFN Rating
Unrated
Category
Hybrid - Arbitrage Fund
Assets (Cr.)
₹ 12,224.38
Expense Ratio
1.07%
(As on Jan 31, 2020)

Fund Overview Growth | Regular Plan

Fund House
IDFC Mutual Fund
Launch Date
21-Dec-2006
Benchmark
NIFTY 50 - TRI
Minimum Investment (₹)
100
Minimum Addl Investment (₹)
100
Exit Load (%)
0.25% on or before 1M
Minimum SIP Investment (₹)
1,000
Minimum STP Investment (₹)
100
Minimum SWP Investment (₹)
500
52 Week Low Nav (₹)
23.13
52 Week Low Nav Date
21-Feb-2019
52 Week High Nav (₹)
24.55
52 Week High Nav Date
20-Feb-2020

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-Regular Plan- Growth	0.54	1.25	6.21	6.04	6.25	7.06
NIFTY 50 - TRI	N/A	N/A	N/A	N/A	N/A	N/A
Nifty 50 Arbitrage Index	0.51	1.26	6.70	N/A	N/A	5.46

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

Peer Fund Comparison

Scheme Name	Launch Date	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
IDFC Arbitrage Fund-Regular Plan- Growth	Dec 21, 2006	6.21	6.04	6.25	1.07	12,224.38
Kotak Equity Arbitrage Fund - Growth	Sep 29, 2005	6.21	6.15	6.39	0.98	17,856.02
ICICI Prudential Equity Arbitrage Fund - Growth	Dec 30, 2006	6.12	5.97	6.30	0.93	13,738.97
Nippon India Arbitrage Fund - Growth Plan - Growth Option	Oct 14, 2010	6.23	6.23	6.50	1.05	10,496.56
HDFC ARBITRAGE FUND WHOLESALE PLAN GROWTH OPTION	Oct 23, 2007	6.17	5.73	6.17	0.90	6,698.54
Aditya BIRLA SUN LIFE ARBITRAGE FUND - REGULAR PLAN - GROWTH	Jul 24, 2009	6.34	6.00	6.27	0.85	5,769.44

Fund Holdings as on 31-January-2020

Company % Assets
Axis Bank Limited
10.13
Net Current Assets
4.81
Bharti Airtel Limited
3.96
Larsen & Toubro Limited
3.58
HDFC Bank Limited
2.77
State Bank of India
2.66
Axis Bank Limited
2.49
ITC Limited
2.47
Bajaj Finance Limited
2.39
ICICI Bank Limited
2.37
HDFC Bank Limited
2.37
Housing Development Finance Corporation Limited
2.32
IndusInd Bank Limited
2.32
Reliance Industries Limited
2.31
ICICI Bank Limited
2.04
Maruti Suzuki India Limited
1.92
Asian Paints Limited
1.83
Grasim Industries Limited
1.74
Sun Pharmaceutical Industries Limited
1.58
The Federal Bank Limited
1.55
IDFC First Bank Limited
1.51
Tata Consultancy Services Limited
1.49
Bajaj Finserv Limited
1.38
Adani Ports and Special Economic Zone Limited
1.25
Vedanta Limited
1.09
Dabur India Limited
1.02
7% Reliance Industries Limited **
0.86
ACC Limited
0.82
Tech Mahindra Limited
0.81
Axis Bank Limited **
0.79
UPL Limited
0.78
Bharat Petroleum Corporation Limited
0.77
Reliance Jio Infocomm Limited **
0.77
Infosys Limited
0.76
Titan Company Limited
0.71
7.6% Housing Development Finance Corporation Limited **
0.71
Hindalco Industries Limited
0.67
Max Financial Services Limited
0.67
Petronet LNG Limited
0.64
Marico Limited
0.64
6.77% Larsen & Toubro Limited **
0.62
Bank of Baroda
0.62
Reliance Jio Infocomm Limited
0.61
Colgate Palmolive (India) Limited
0.60
Dr. Reddy's Laboratories Limited
0.60
United Breweries Limited
0.55
Container Corporation of India Limited
0.53
JSW Steel Limited
0.51
Mahindra & Mahindra Financial Services Limited
0.51
Bajaj Auto Limited
0.50
6.98% National Bank For Agriculture and Rural Development
0.49
The Federal Bank Limited
0.49
Muthoot Finance Limited
0.48
Havells India Limited
0.46
Nestle India Limited
0.45
Punjab National Bank
0.44
Mahindra & Mahindra Limited
0.43
Manappuram Finance Limited
0.43
8.4% LIC Housing Finance Limited **
0.42
8.65% LIC Housing Finance Limited **
0.41
9.1106% LIC Housing Finance Limited **
0.41
Adani Enterprises Limited
0.39
Apollo Hospitals Enterprise Limited
0.38
Bank of Baroda
0.38
Tata Power Company Limited
0.37
UltraTech Cement Limited
0.35
Tata Chemicals Limited
0.33
7.4% Housing Development Finance Corporation Limited **
0.33
7.39% LIC Housing Finance Limited **
0.33
Tata Global Beverages Limited
0.32
Tata Steel Limited
0.32
Piramal Enterprises Limited
0.30
United Spirits Limited
0.29
Voltas Limited
0.28
Bata India Limited
0.28
Adani Power Limited
0.27
Exide Industries Limited
0.26
Kotak Mahindra Bank Limited
0.25
InterGlobe Aviation Limited
0.25
Jindal Steel & Power Limited
0.25
Equitas Holdings Limited
0.25
Lupin Limited
0.23
Shree Cement Limited
0.23
Aurobindo Pharma Limited
0.22
Canara Bank
0.21
8.8% Housing Development Finance Corporation Limited **
0.21
7.05% Power Finance Corporation Limited **
0.21
7.79% LIC Housing Finance Limited
0.21
DLF Limited
0.20
Axis Bank Limited **
0.20
Sundaram Finance Limited **
0.19
Britannia Industries Limited
0.17
NCC Limited
0.17
Amara Raja Batteries Limited
0.16
ICICI Prudential Life Insurance Company Limited
0.16
HCL Technologies Limited
0.16
Century Textiles & Industries Limited
0.15
Ujjivan Financial Services Limited
0.15
Cholamandalam Investment and Finance Company Limited
0.15
Triparty Repo
0.14
Shriram Transport Finance Company Limited
0.14
Godrej Consumer Products Limited
0.14
Tata Motors Limited
0.13
Sun TV Network Limited
0.13
Steel Authority of India Limited
0.13
7.07% Reliance Industries Limited **
0.12
8.7% Power Finance Corporation Limited **
0.12
Cipla Limited
0.12
Axis Bank Limited **
0.12
Ambuja Cements Limited
0.11
The Ramco Cements Limited
0.11
Kotak Mahindra Prime Limited **
0.10
GMR Infrastructure Limited
0.10
PVR Limited
0.09
Cummins India Limited
0.09
Escorts Limited
0.09
Mahanagar Gas Limited
0.08
8.525% LIC Housing Finance Limited **
0.08
8.95% Bajaj Finance Limited **
0.08
Small Industries Dev Bank of India **
0.08
Axis Bank Limited **
0.08
Ashok Leyland Limited
0.08
Siemens Limited
0.08
Torrent Power Limited
0.08
LIC Housing Finance Limited
0.07
Cadila Healthcare Limited
0.06
Glenmark Pharmaceuticals Limited
0.06
Hindustan Unilever Limited
0.06
REC Limited
0.05
SRF Limited
0.05
8.51% Housing Development Finance Corporation Limited **
0.05
Kotak Mahindra Prime Limited **
0.05
8.88% LIC Housing Finance Limited **
0.04
8.62% Housing Development Finance Corporation Limited **
0.04
9.64% Power Grid Corporation of India Limited **
0.04
8.52% Housing Development Finance Corporation Limited **
0.04
7.585% LIC Housing Finance Limited **
0.04
National Bank For Agriculture and Rural Development **
0.04
Motherson Sumi Systems Limited
0.04
Pidilite Industries Limited
0.04
Divi's Laboratories Limited
0.04
Bharat Electronics Limited
0.03
8.02% LIC Housing Finance Limited **
0.03
MRF Limited
0.03
Wipro Limited
0.02
First Business Receivables Trust **
0.02
First Business Receivables Trust **
0.02
First Business Receivables Trust **
0.02
First Business Receivables Trust **
0.02
First Business Receivables Trust **
0.02
First Business Receivables Trust **
0.02
First Business Receivables Trust **
0.02
First Business Receivables Trust **
0.02
Zee Entertainment Enterprises Limited
0.02
First Business Receivables Trust **
0.02
First Business Receivables Trust **
0.02
First Business Receivables Trust **
0.02
First Business Receivables Trust **
0.02
First Business Receivables Trust **
0.02
First Business Receivables Trust **
0.02
First Business Receivables Trust **
0.02
First Business Receivables Trust **
0.02
First Business Receivables Trust **
0.02
Bharat Heavy Electricals Limited
0.02
First Business Receivables Trust **
0.02
First Business Receivables Trust **
0.02
GAIL (India) Limited
0.02
8.5% National Bank For Agriculture and Rural Development **
0.02
8.49% LIC Housing Finance Limited **
0.02
Apollo Tyres Limited
0.02
First Business Receivables Trust **
0.02
Torrent Pharmaceuticals Limited
0.01
Sundaram Finance Limited **
0.01
8.6% National Bank For Agriculture and Rural Development **
0.01
7.18% National Bank For Agriculture and Rural Development **
0.01
Bosch Limited
0.01
Hindustan Petroleum Corporation Limited
0.00
Cash Margin - CCIL
0.00
Eicher Motors Limited
0.00
CESC Limited
0.00

Sector Holding%
Miscellaneous
18.95
Bank - Private
9.96
Finance - NBFC
4.34
Telecommunication - Service Provider
3.96
Engineering - Construction
3.86
Bank - Public
3.69
IT - Software
3.25
Pharmaceuticals & Drugs
3.23
Refineries
3.08
Cigarettes/Tobacco
2.47
Finance - Housing
2.39
Automobiles - Passenger Cars
2.35
Diversified
1.94
Paints
1.83
Household & Personal Products
1.81
Metal - Non Ferrous
1.76
Cement & Construction Materials
1.61
Finance - Investment
1.38
Consumer Food
1.26
Port
1.25
Steel & Iron Products
0.96
Breweries & Distilleries
0.85
Pesticides & Agrochemicals
0.78
Power Generation/Distribution
0.72
Diamond & Jewellery
0.71
Finance - Others
0.67
Industrial Gases & Fuels
0.66
Logistics
0.53
Electric Equipment
0.53
Automobile Two & Three Wheelers
0.50
Batteries
0.42
Trading
0.39
Hospital & Healthcare Services
0.38
Chemicals
0.37
Tea/Coffee
0.32
Retailing
0.28
Air Conditioners
0.28
Airlines
0.25
Steel/Sponge Iron/Pig Iron
0.25
Automobiles-Trucks/Lcv
0.21
Construction - Real Estate
0.20
Finance Term Lending
0.20
Insurance
0.16
TV Broadcasting & Software Production
0.15
Film Production, Distribution & Entertainment
0.09
Diesel Engines
0.09
Automobiles-Tractors
0.09
Gas Transmission/Marketing
0.08
Engineering - Industrial Equipments
0.05
Auto Ancillary
0.04
Tyres & Allied
0.04

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 21-Dec-2006 and currently has an AUM of ₹12,224.38 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 up ₹0.02(0.07%)yesterday to ₹24.5532.

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

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
IDFC Ultra Short Term Fund

Holding Type Holding %
CARE A1+
0.08
Cash
4.95
CRISIL A1+
1.97
CRISIL AAA
6.02
CRISIL AAA(SO)
0.40
Deposits
18.95
Equity
66.69
ICRA A1+
0.83
ICRA AAA
0.09

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