IDFC Arbitrage Fund - Growth - Regular Plan

₹24.13 (0.01%)Nav, as on 16-10-2019
Previous Nav
₹ 24.1314
Net Change on 16-10-2019
₹0
PersonalFN Rating
Unrated
Category
Hybrid - Arbitrage Fund
Assets (Cr.)
₹ 9,197.45
Expense Ratio
1.09%
(As on Sep 30, 2019)

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 (₹)
100
Minimum STP Investment (₹)
100
Minimum SWP Investment (₹)
500
52 Week Low Nav (₹)
22.65
52 Week Low Nav Date
15-Oct-2018
52 Week High Nav (₹)
24.15
52 Week High Nav Date
14-Oct-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-Regular Plan- Growth	0.56	1.40	6.55	6.14	6.46	7.11
NIFTY 50 - TRI	1.98	4.01	3.99	14.97	14.08	13.54
Nifty 50 Arbitrage Index	0.49	1.56	6.73	N/A	N/A	5.54

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.)
IDFC Arbitrage Fund-Regular Plan- Growth	Dec 21, 2006	Unrated	6.55	6.14	6.46	1.09	10,163.42
Kotak Equity Arbitrage Fund - Growth	Sep 29, 2005	Unrated	6.39	6.22	6.61	1.00	15,972.44
ICICI Prudential Equity Arbitrage Fund - Growth	Dec 30, 2006	Unrated	6.29	6.06	6.52	0.93	12,925.03
Nippon India Arbitrage Fund - Growth Plan - Growth Option	Oct 14, 2010	Unrated	6.53	6.33	6.78	1.08	9,441.45
HDFC ARBITRAGE FUND WHOLESALE PLAN GROWTH OPTION	Oct 23, 2007	Unrated	6.22	5.82	6.35	0.85	5,268.14
SBI Arbitrage Opportunities Fund - Regular Plan - Gr	Nov 03, 2006	Unrated	6.39	6.06	6.41	0.91	4,969.65

Fund Holdings as on 31-August-2019

Company % Assets
Axis Bank Limited
6.59
HDFC Bank Limited
6.43
ITC Limited
3.86
Reliance Industries Limited
3.68
Axis Bank Limited
3.28
HDFC Bank Limited
3.26
Larsen & Toubro Limited
2.83
State Bank of India
2.68
Housing Development Finance Corporation Limited
2.57
ICICI Bank Limited
2.15
IDFC First Bank Limited
2.12
Tata Consultancy Services Limited
2.08
The Federal Bank Limited
2.07
8.52% Housing Development Finance Corporation Limited **
2.03
IndusInd Bank Limited
1.99
ICICI Bank Limited
1.90
Infosys Limited
1.82
Kotak Mahindra Bank Limited
1.42
Triparty Repo
1.36
Marico Limited
1.36
7.67% Housing Development Finance Corporation Limited **
1.26
Bajaj Finance Limited
1.25
8.53% Power Finance Corporation Limited **
1.10
Sun Pharmaceutical Industries Limited
1.06
GAIL (India) Limited
1.04
8.49% Housing Development Finance Corporation Limited **
1.04
National Bank For Agriculture and Rural Development **
1.04
Bajaj Finserv Limited
1.01
Coal India Limited
0.99
UltraTech Cement Limited
0.94
UPL Limited
0.86
Asian Paints Limited
0.83
9.1756% HDB Financial Services Limited **
0.82
7.6% Housing Development Finance Corporation Limited **
0.82
JSW Steel Limited
0.75
Godrej Consumer Products Limited
0.75
Bharat Petroleum Corporation Limited
0.73
Grasim Industries Limited
0.73
Hindustan Unilever Limited
0.69
Power Finance Corporation Limited
0.66
Titan Company Limited
0.65
NTPC Limited
0.63
SRF Limited
0.62
Dabur India Limited
0.60
Oil & Natural Gas Corporation Limited
0.59
ACC Limited
0.58
Vedanta Limited
0.56
8.75% Housing Development Finance Corporation Limited **
0.55
Mahindra & Mahindra Limited
0.54
Adani Power Limited
0.52
8.7% Housing Development Finance Corporation Limited **
0.49
Cadila Healthcare Limited
0.49
8.47% LIC Housing Finance Limited **
0.49
HDB Financial Services Limited **
0.48
Tech Mahindra Limited
0.47
Shriram Transport Finance Company Limited
0.46
Hindustan Petroleum Corporation Limited
0.45
Ashok Leyland Limited
0.43
Ambuja Cements Limited
0.42
Aurobindo Pharma Limited
0.41
Bharti Airtel Limited
0.41
Petronet LNG Limited
0.40
Bank of Baroda
0.39
Dr. Reddy's Laboratories Limited
0.39
8.45% Power Finance Corporation Limited **
0.39
Jindal Steel & Power Limited
0.36
Mahindra & Mahindra Financial Services Limited
0.35
Punjab National Bank
0.35
DLF Limited
0.34
7.78% Housing Development Finance Corporation Limited **
0.33
Power Grid Corporation of India Limited
0.31
Eicher Motors Limited
0.30
8.595% LIC Housing Finance Limited **
0.28
8.545% HDB Financial Services Limited **
0.28
9.3808% HDB Financial Services Limited **
0.28
Hindustan Zinc Limited
0.27
The Federal Bank Limited
0.27
7.05% Power Finance Corporation Limited **
0.27
Manappuram Finance Limited
0.27
Escorts Limited
0.27
Tata Global Beverages Limited
0.27
Bajaj Auto Limited
0.26
Tata Steel Limited
0.26
HCL Technologies Limited
0.25
NCC Limited
0.25
United Spirits Limited
0.25
Mahanagar Gas Limited
0.24
Tata Motors Limited (DVR Shares)
0.24
Exide Industries Limited
0.24
Pidilite Industries Limited
0.23
Indian Oil Corporation Limited
0.23
7.97% HDB Financial Services Limited **
0.22
RBL Bank Limited
0.22
Adani Enterprises Limited
0.21
NMDC Limited
0.21
RBL Bank Limited
0.20
Muthoot Finance Limited
0.20
Castrol India Limited
0.20
8.61% LIC Housing Finance Limited **
0.19
Adani Ports and Special Economic Zone Limited
0.18
HDB Financial Services Limited **
0.18
Berger Paints (I) Limited
0.18
Divi's Laboratories Limited
0.18
Bharat Heavy Electricals Limited
0.17
Bharat Electronics Limited
0.17
7.62% Bajaj Finance Limited **
0.16
United Breweries Limited
0.16
Equitas Holdings Limited
0.16
Tata Power Company Limited
0.16
Oil India Limited
0.16
Canara Bank
0.15
Tata Chemicals Limited
0.15
Motherson Sumi Systems Limited
0.15
Nestle India Limited
0.14
LIC Housing Finance Limited
0.14
Container Corporation of India Limited
0.13
Vodafone Idea Limited
0.12
GMR Infrastructure Limited
0.12
Max Financial Services Limited
0.12
Union Bank of India
0.12
Cipla Limited
0.11
8.8% Housing Development Finance Corporation Limited **
0.11
9.11% Housing Development Finance Corporation Limited **
0.11
9.22% LIC Housing Finance Limited **
0.11
7.5% Power Finance Corporation Limited **
0.11
7.4805% Kotak Mahindra Prime Limited **
0.11
Lupin Limited
0.11
Axis Bank Limited **
0.11
Kotak Mahindra Investments Limited **
0.11
Shree Cement Limited
0.11
Small Industries Dev Bank of India **
0.10
Steel Authority of India Limited
0.08
Tata Elxsi Limited
0.08
Dish TV India Limited
0.08
Engineers India Limited
0.07
InterGlobe Aviation Limited
0.07
Kotak Mahindra Prime Limited **
0.06
Kotak Mahindra Investments Limited **
0.06
Biocon Limited
0.06
Bank of India
0.06
9.64% Power Grid Corporation of India Limited **
0.06
7.9% National Bank For Agriculture and Rural Development **
0.06
8.88% LIC Housing Finance Limited **
0.06
9.1106% LIC Housing Finance Limited **
0.06
8.37% National Bank For Agriculture and Rural Development **
0.06
8.7% HDB Financial Services Limited **
0.06
Housing Development Finance Corporation Limited **
0.05
Kajaria Ceramics Limited
0.05
Hindalco Industries Limited
0.05
L&T Finance Holdings Limited
0.04
Arvind Limited
0.04
Oracle Financial Services Software Limited
0.04
Bharti Infratel Limited
0.04
NBCC (India) Limited
0.04
Birlasoft Limited
0.03
Colgate Palmolive (India) Limited
0.03
Bharat Forge Limited
0.03
Torrent Power Limited
0.02
8.5% National Bank For Agriculture and Rural Development **
0.02
CESC Limited
0.02
Tata Motors Limited
0.02
8.49% LIC Housing Finance Limited **
0.02
Glenmark Pharmaceuticals Limited
0.02
Cash Margin - CCIL
0.02
Sun TV Network Limited
0.02
Piramal Enterprises Limited
0.02
Siemens Limited
0.02
Sundaram Finance Limited **
0.01
Raymond Limited
0.01
REC Limited
0.01
Century Textiles & Industries Limited
0.01
Bosch Limited
0.01
MindTree Limited
0.00
Hero MotoCorp Limited
0.00
Net Current Assets
-1.15

Sector Holding%
Miscellaneous
18.82
Bank - Private
9.30
Refineries
6.06
IT - Software
5.32
Cigarettes/Tobacco
4.96
Finance - Housing
4.52
Pharmaceuticals & Drugs
2.92
Bank - Public
2.83
Finance - NBFC
2.57
Engineering - Construction
2.34
Power Generation/Distribution
1.92
Industrial Gases & Fuels
1.90
Cement & Construction Materials
1.76
Consumer Food
1.59
Paints
1.36
Diversified
1.33
Household & Personal Products
1.22
Finance Term Lending
1.12
Automobiles - Passenger Cars
1.05
Finance - Investment
0.97
Steel & Iron Products
0.94
Telecommunication - Service Provider
0.90
Pesticides & Agrochemicals
0.83
Chemicals
0.78
Automobile Two & Three Wheelers
0.70
Construction - Real Estate
0.66
Oil Exploration
0.63
Diamond & Jewellery
0.58
Automobiles-Trucks/Lcv
0.54
Tea/Coffee
0.54
Breweries & Distilleries
0.44
Engineering - Industrial Equipments
0.41
Mining & Minerals
0.34
Steel/Sponge Iron/Pig Iron
0.33
Logistics
0.28
Gas Transmission/Marketing
0.26
Automobiles-Tractors
0.26
Batteries
0.25
Finance - Others
0.25
Hospital & Healthcare Services
0.23
Trading
0.20
Electric Equipment
0.19
Metal - Non Ferrous
0.17
Retailing
0.16
Lubricants
0.11
TV Broadcasting & Software Production
0.10
Port
0.05
Forgings
0.05
Auto Ancillary
0.05
Airlines
0.04
Diesel Engines
0.03

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 ₹9,197.45 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(0.01%)yesterday to ₹24.13.

Among its top 3 holdings the fund has exposure to Axis Bank Limited, HDFC 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+
0.10
CARE AAA
0.28
Cash
0.23
CRISIL A1+
1.31
CRISIL AAA
12.45
Deposits
19.33
Equity
66.13
ICRA AAA
0.01
Rights
0.24

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