HSBC Arbitrage Fund Direct Growth
HSBC Arbitrage Fund Direct Growth

HSBC Arbitrage Fund Direct Growth

Hybrid
Direct
Arbitrage Fund

NAV: ₹ 17 as on 03-02-2023

Fund Performance
zero opening, trading, fund transfer fee
19 people have invested ₹ 21K 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 6.01% return, outperforming this fund by 1.15%

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In the last 3 years, Tata Arbitrage Fund Direct Growth has given 5.05% return, outperforming this fund by 0.31% per annum

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In the last 5 years, Edelweiss Arbitrage Fund Direct Growth has given 5.7% return, outperforming this fund by 0.24% per annum

Fund Performance as on (01-Jan-70)

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
0.7%
1.9%
3.1%
4.9%
4.7%
5.5%
Benchmark
0.6%
1.7%
2.8%
4.3%
3.8%
4.5%
About the Fund

HSBC Arbitrage Fund Direct Growth is a hybrid fund. This fund was started on  30 June, 2014. The fund is managed by Praveen Ayathan, Ritesh Jain. This fund gives you the benefit of diversification.

Key parameters

1) HSBC Arbitrage Fund Direct Growth has a NAV of 16.9565 as on 03-02-2023.

2) HSBC Arbitrage Fund Direct Growth has 2454 Cr worth of assets under management (AUM) as on 31-12-2022 and is less than category average.

3) The fund has an expense ratio 0.35 %.

Fund Overview

Expense ratio
Expense ratio
0.35%
Benchmark
Benchmark
NIFTY 50 Arbitrage TR INR
AUM
AUM
₹2454 Cr
Inception Date
Inception Date
30 June, 2014
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0.5%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
348.87%

Fund Distribution as on (31-Dec-22)

  • Debt & Cash 100%
Credit rating breakup
AAA
100%

Sector Allocation

Dec'22

Nov'22

Oct'22

Cash Equivalent

85.5%

Government

10.7%

Corporate

3.7%

Top Holdings as on (31-Dec-69)

  • Equity
  • Debt & Cash
Equity Holdings254
Debt Holdings15
Holdings
Weight%
Holdings Trend
1M Change
Bajaj Finance Ltd
Bajaj Finance Ltd
4.44%
4.5%
Future on Bajaj Finance Ltd
Future on Bajaj Finance Ltd
4.44%
100%
Future on Ambuja Cements Ltd
Future on Ambuja Cements Ltd
4.09%
100%
Ambuja Cements Ltd
Ambuja Cements Ltd
4.09%
2.2%
Tata Power Co Ltd
Tata Power Co Ltd
3.08%
31.2%

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 51.3 Cr in last 1M
Dec'69 return outperformed benchmark

Change in AUM

Dec'22
₹ 2.5K Cr
Nov'22
₹ 2.5K Cr
Oct'22
₹ 2.6K Cr

Fund Returns vs Benchmark

Jan'23
-0.01%
-0.05%
Dec'22
0.44%
0.42%
Nov'22
0.51%
0.45%
Fund Return
Benchmark Return

Fund Manager

Praveen Ayathan

Praveen Ayathan

Fund Manager of HSBC Arbitrage Fund Direct Growth, since 30 June 2014
Ritesh Jain

Ritesh Jain

Fund Manager of HSBC Arbitrage Fund Direct Growth, since 25 November 2022

AMC details

Fund House
HSBC Asset Management(India)Private Ltd
Total Schemes
Total AUM
₹90.93K Cr
as on 31-Dec-2022
Address
HSBC Asset Management (India) Private Ltd.,16, V N Road,,Fort
Phone
+912266145000
Email
investor.line@lntmf.co.in

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 6.34% since inception which is more than its category average return of 4.99%
AUM size ₹2454 Cr

AUM size ₹2454 Cr

This fund has AUM of ₹2454 Cr which is less than its category average of ₹ 3038 Cr
Expense Ratio 0.35%

Expense Ratio 0.35%

This fund has an expense ratio of 0.35% which is less than its category average expense ratio of 0.73%

Frequently Asked Questions

The current NAV of HSBC Arbitrage Fund Direct Growth is 16.96 as on 03-Feb-2023.
Existing (Absolute + CAGR)
HSBC Arbitrage Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.68%
0.68%
6 Month Returns
3.09%
3.09%
1 Year Returns
4.86%
4.86%
3 Years Returns
14.9%
4.74%
5 Years Returns
30.46%
5.46%
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.
0.35 as on January 2023
2454 Cr as on January 2023
Bajaj Finance Ltd(4.44%),Ambuja Cements Ltd(4.09%),Tata Power Co Ltd(3.08%),Trent Ltd(2.96%),Zee Entertainment Enterprises Ltd(2.95%) as on January 2023
Cash Equivalent(85.55%),Government(10.71%),Corporate(3.74%) as on January 2023
AAA
100
Praveen Ayathan,Ritesh Jain are the fund managers of HSBC Arbitrage Fund Direct Growth
The Exit load of HSBC Arbitrage Fund Direct Growth is 0.5%

Mutual Fund execution provided by

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.