Edelweiss Arbitrage Fund Direct Growth
Hybrid
Direct
Arbitrage Fund
NAV: ₹ 17.4 as on 24-03-2023
Fund Performance
199 people have invested ₹ 1.5Cr in mutual fund in the last three months
Fund Insights
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%
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
In the last 5 years, Edelweiss Arbitrage Fund Direct Growth has outperformed all funds in its category
Over the last 1 year, Edelweiss Arbitrage Fund Direct Growth has increased expense ratio by 8.8% moving from 0.34 to 0.37
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)
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
 | 0.37% |
 Benchmark | NIFTY 50 Arbitrage PR INR |
 | ₹5393 Cr |
 | 27 June, 2014 |
 | ₹5000/₹500 |
 Exit Load | 0.1% |
 | No Lock-in |
 TurnOver | 474.26% |
Fund Distribution as on (28-Feb-23)
Credit rating breakup
AAA
100%
Sector Allocation
Cash Equivalent
86.4%
Government
11.9%
Corporate
1.7%
Top Holdings of Edelweiss Arbitrage Fund Direct Growth as on (28-Feb-23)
Equity Holdings158
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
 Kotak Mahindra Bank Ltd | 3.41% | -10.2% | |
 ICICI Bank Ltd | 2.95% | -13.2% | |
 State Bank of India | 2.57% | 64.3% | |
 Axis Bank Ltd | 2.34% | 63% | |
 Hindalco Industries Ltd | 2.1% | 513.3% |
See all
Edelweiss Arbitrage Fund Direct Growth: Monthly Changes Updates
All changes are between Dec'22 and Feb'23
Fund Performance
- 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
- 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%
ICICI Bank Ltd's allocation increased from 1.7% to 3.34%
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 %
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 %
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%
Peer Analysis
Edelweiss Arbitrage Fund Direct Growth Fund Manager
Dhawal Dalal
Fund Manager of Edelweiss Arbitrage Fund Direct Growth, since 22 December 2016
Top funds managed
Bhavesh Jain
Fund Manager of Edelweiss Arbitrage Fund Direct Growth, since 27 June 2014
Top funds managed
Fund Highlights
Low Risk
Investors understand that their principal will be at Low Risk
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
This fund has AUM of ₹5393 Cr which is more than its category average of ₹ 3152 Cr
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%