HDFC Arbitrage Fund Wholesale Direct Growth

Hybrid
Direct
Arbitrage Fund
HDFC Arbitrage Fund Wholesale Direct Growth

About the Fund

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.

Key Parameters

  1. HDFC Arbitrage Fund Wholesale Direct Growth has ₹13129 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
  2. The fund has an expense ratio 0.4.

Returns

HDFC Arbitrage Fund Wholesale Direct Growth has given a CAGR return of 6.34% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.53%, 6.33% and 5.69% respectively.

Holdings

HDFC Arbitrage Fund Wholesale Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Basic Materials, Energy, Corporate, Health, Communication, Consumer Cyclical, Consumer Defensive, Tech, Utilities, Real Estate, Government.

Taxation

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 benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of HDFC Arbitrage Fund Wholesale Direct Growth

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 and lockin period

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.

Fund Performance
zero opening, trading, fund transfer fee
170 people have invested ₹ 26.5Cr in HDFC Arbitrage Fund Wholesale Direct Growth in the last three months

Fund Overview

Expense ratio0.41%
Benchmark
NIFTY 50 Arbitrage TR INR
AUM₹13129 Cr
Inception Date28 March, 2014
Min Lumpsum/SIP₹100/₹100
Exit Load
0.25%
Lock InNo Lock-in
TurnOver
261.85%
Risk
Risk meter
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Low Risk

Fund Distribution
as on (30-Jun-24)

  • Debt & Cash 100%

AAA
100%

Sector Allocation

Jun'24

May'24

Apr'24

Cash Equivalent
89.7%
Corporate
8.1%
Government
2.2%
All changes are between Oct'69 and Dec'69

Anil Bamboli
Anil Bamboli
Fund Manager of HDFC Arbitrage Fund Wholesale Direct Growth, since 1 February 2022

Mutual Fund Insights

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In the last 1 year, Kotak Equity Arbitrage Fund Direct Growth has given 8.81% return, outperforming this fund by 0.28%.
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In the last 3 years, Invesco India Arbitrage Fund Direct Plan Growth Option has given 6.84% return, outperforming this fund by 0.51% per annum.
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In the last 5 years, Tata Arbitrage Fund Direct Growth has given 6.18% return, outperforming this fund by 0.49% per annum.
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Over the last 6 months, this fund has experienced a 49.0% growth in AUM moving from 8.81K Cr to 13.12K Cr.
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This fund expense ratio is slightly on the lower side within the category (arbitrage fund). Its expense ratio is 0.41% which is lower than the category average expense ratio of 0.69%.
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Over the last 6 months, this fund has decreased expense ratio by 12.8% moving from 0.47 to 0.41.

HDFC Arbitrage Fund Wholesale Direct Growth Highlights

Risk meter
pointer

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 6.34% since inception which is more than its category average return of 5.3%
AUM size ₹13129 Cr

AUM size ₹13129 Cr

This fund has AUM of ₹13129 Cr which is more than its category average of ₹ 6908 Cr
Expense Ratio 0.41%

Expense Ratio 0.41%

This fund has an expense ratio of 0.41% which is less than its category average expense ratio of 0.71%

Frequently Asked Questions

The current NAV of HDFC Arbitrage Fund Wholesale Direct Growth is ₹18.85 as on 19-Jul-2024.
Existing (Absolute + CAGR) as on 19-Jul-2024.
HDFC Arbitrage Fund Wholesale Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.72%
0.72%
6 Month Returns
4.29%
4.29%
1 Year Returns
8.53%
8.53%
3 Years Returns
20.23%
6.33%
5 Years Returns
31.88%
5.69%
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.
0.41% as on June 2024
₹13129 Cr as on June 2024
HDFC Money Market Dir Gr(13.18%), HDFC Liquid Dir Gr(5.49%), HDFC Bank Ltd(4.49%), Vedanta Ltd(4.22%), Hindustan Aeronautics Ltd Ordinary Shares(3.73%) as on June 2024
Cash Equivalent(90.11%), Corporate(8.15%), Government(2.19%) as on June 2024
AAA
100
Anil Bamboli is the fund manager of HDFC Arbitrage Fund Wholesale Direct Growth
The Exit load of HDFC Arbitrage Fund Wholesale Direct Growth is 0.25%