Edelweiss Arbitrage Fund Direct Growth
Edelweiss Arbitrage Fund Direct Growth

Edelweiss Arbitrage Fund Direct Growth

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Hybrid
Direct
Arbitrage Fund

NAV: ₹ 17.4 as on 24-03-2023

Fund Performance
zero opening, trading, fund transfer fee
199 people have invested ₹ 1.5Cr in mutual fund in the last three months

Fund Insights

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In the last 1 year, Invesco India Arbitrage Fund Direct Plan Growth Option has given 6.52% return, outperforming Edelweiss Arbitrage Fund Direct Growth by 0.69%

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In the last 3 years, Invesco India Arbitrage Fund Direct Plan Growth Option has given 5.16% return, outperforming Edelweiss Arbitrage Fund Direct Growth by 0.11% per annum

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In the last 5 years, Edelweiss Arbitrage Fund Direct Growth has outperformed all funds in its category

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Over the last 1 year, Edelweiss Arbitrage Fund Direct Growth has increased expense ratio by 8.8% moving from 0.34 to 0.37

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Edelweiss Arbitrage Fund Direct Growth has one of the lowest expense ratio in the category (arbitrage fund). Its expense ratio is 0.37% which is lower than the category average expense ratio of 0.7%

Edelweiss Arbitrage Fund Direct Growth Performance as on (24-Mar-23)

Return
1M
3M
6M
1Y
3Y
5Y
Edelweiss Arbitrage Fund Direct Growth
0.5%
1.9%
3.4%
5.8%
5.1%
5.8%
Arbitrage Fund Index
0.5%
1.7%
2.9%
4.9%
4.1%
4.6%

About the Fund

Edelweiss Arbitrage Fund Direct Growth is a hybrid fund. This fund was started on  27 June, 2014. The fund is managed by Dhawal Dalal, Bhavesh Jain. This fund gives you the benefit of diversification.

Key parameters

1) Edelweiss Arbitrage Fund Direct Growth has a NAV of 17.428 as on 24-03-2023.

2) Edelweiss Arbitrage Fund Direct Growth has 5393 Cr worth of assets under management (AUM) as on 31-01-2023 and is more than category average.

3) The fund has an expense ratio 0.37 %.

Edelweiss Arbitrage Fund Direct Growth Overview

Expense ratio
Expense ratio
0.37%
Benchmark
Benchmark
NIFTY 50 Arbitrage PR INR
AUM
AUM
₹5393 Cr
Inception Date
Inception Date
27 June, 2014
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
0.1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
474.26%

Fund Distribution as on (28-Feb-23)

  • Debt & Cash 100%

Credit rating breakup

AAA
100%

Sector Allocation

Feb'23

Jan'23

Dec'22

Cash Equivalent

86.4%

Government

11.9%

Corporate

1.7%

Top Holdings of Edelweiss Arbitrage Fund Direct Growth as on (28-Feb-23)

  • Equity

Equity Holdings158

Edelweiss Arbitrage Fund Direct Growth: Monthly Changes Updates

All changes are between Dec'22 and Feb'23

Fund Performance

Feb'23
Jan'23
Dec'22
Fund Returns
0.73%
0.46%
0.73%
Arbitrage Fund Index
0.67%
0.34%
0.65%
  • This fund’s returns stands at 0.73% whereas the fund’s underlying benchmark Arbitrage Fund Index returns stands at 0.67% as on Feb'23
  • This fund outperformed Arbitrage Fund Index by 0.06% in Feb'23

AUM Change

Parameters
Feb'23
Jan'23
Dec'22
AUM
₹ 5.4K Cr
₹ 5.3K Cr
₹ 5.1K Cr
  • AUM of the fund stands at 5.4K Cr as of Feb'23
  • AUM increased by 52.2 Cr between Feb'23 and Jan'23

Fund Portfolio Changes

Top Stocks bought last month
Bank of Baroda's allocation increased from 0.39% to 2.06%
Bank of Baroda's allocation increased from 0.39% to 2.06%
ICICI Bank Ltd's allocation increased from 1.7% to 3.34%
ICICI Bank Ltd's allocation increased from 1.7% to 3.34%
HDFC Bank Ltd's allocation increased from 1.15% to 2.03%
HDFC Bank Ltd's allocation increased from 1.15% to 2.03%
Top Stocks sold last month
Adani Ports & Special Economic Zone Ltd's allocation decreased from 3.09 % to 1.98 %
Adani Ports & Special Economic Zone Ltd's allocation decreased from 3.09 % to 1.98 %
Ambuja Cements Ltd's allocation decreased from 1.82 % to 1.36 %
Ambuja Cements Ltd's allocation decreased from 1.82 % to 1.36 %
Housing Development Finance Corp Ltd's allocation decreased from 1.53 % to 1.28 %
Housing Development Finance Corp Ltd's allocation decreased from 1.53 % to 1.28 %

Top 3 Sectors in February were Financial Services, Government & Basic Materials

Feb'23
Financial Services
38%
Basic Materials
17%
Government
12%
Jan'23
Financial Services
36%
Government
15%
Basic Materials
15%

Edelweiss Arbitrage Fund Direct Growth Fund Manager

Dhawal Dalal

Dhawal Dalal

Fund Manager of Edelweiss Arbitrage Fund Direct Growth, since 22 December 2016
Bhavesh Jain

Bhavesh Jain

Fund Manager of Edelweiss Arbitrage Fund Direct Growth, since 27 June 2014

Fund Highlights

Risk meter
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Low Risk

Investors understand that their principal will be at Low Risk
About the fund

About the fund

This fund has delivered an average annual returns of 6.56% since inception which is more than its category average return of 5.03%
AUM size ₹5393 Cr

AUM size ₹5393 Cr

This fund has AUM of ₹5393 Cr which is more than its category average of ₹ 3152 Cr
Expense Ratio 0.37%

Expense Ratio 0.37%

This fund has an expense ratio of 0.37% which is less than its category average expense ratio of 0.74%

Frequently Asked Questions

The current NAV of Edelweiss Arbitrage Fund Direct Growth is 17.43 as on 24-Mar-2023.
Existing (Absolute + CAGR)
Edelweiss Arbitrage Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.54%
0.54%
6 Month Returns
3.4%
3.4%
1 Year Returns
5.83%
5.83%
3 Years Returns
15.94%
5.05%
5 Years Returns
32.3%
5.76%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.37 as on February 2023
5393 Cr as on February 2023
Kotak Mahindra Bank Ltd(3.41%),ICICI Bank Ltd(2.95%),State Bank of India(2.57%),Axis Bank Ltd(2.34%),Hindalco Industries Ltd(2.1%) as on February 2023
Cash Equivalent(86.69%),Government(11.94%),Corporate(1.72%) as on February 2023
AAA
100
Dhawal Dalal,Bhavesh Jain are the fund managers of Edelweiss Arbitrage Fund Direct Growth
The Exit load of Edelweiss Arbitrage Fund Direct Growth is 0.1%