Hybrid
Direct
Arbitrage Fund
NAV as on 05-12-2024
₹ 19.37
Inception Returns
6.4%
/yr
HDFC Arbitrage Fund Wholesale Direct Growth is a hybrid fund. This fund was started on 28 March, 2014. The fund is managed by Anil Bamboli. This fund gives you the benefit of diversification.
HDFC Arbitrage Fund Wholesale Direct Growth has given a CAGR return of 6.38% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.26%, 6.81% and 5.78% respectively.
HDFC Arbitrage Fund Wholesale Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Energy, Basic Materials, Consumer Cyclical, Industrial, Corporate, Tech, Health, Utilities, Consumer Defensive, Real Estate, Communication, Government.
As it is a arbitrage fund mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
To generate income through arbitrage opportunities and debt & money market instruments. There is no assurance that the investment objective of the Scheme will be realized.
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. HDFC Arbitrage Fund Wholesale Direct Growth has no lock in period.
Expense ratio | 0.41% |
Benchmark | NIFTY 50 Arbitrage TR INR |
AUM | ₹16606 Cr |
Inception Date | 28 March, 2014 |
Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 0.2% |
Lock In | No Lock-in |
TurnOver | 261.85% |
STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Low Risk |
as on (05-Dec-24)
as on (31-Oct-24)
Top 3 Sectors in October were Financial Services, Basic Materials & Energy
HDFC Arbitrage Fund Wholesale Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.6% | 0.6% |
6 Month Returns | 3.68% | 3.68% |
1 Year Returns | 8.26% | 8.26% |
3 Years Returns | 21.87% | 6.81% |
5 Years Returns | 32.45% | 5.78% |
AAA | 88.14 |
AA | 11.86 |