HSBC Arbitrage Fund Direct Growth

Hybrid
Direct
Arbitrage Fund
HSBC Arbitrage Fund Direct Growth

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. This fund gives you the benefit of diversification.

Key Parameters

  1. HSBC Arbitrage Fund Direct Growth has ₹2274 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
  2. The fund has an expense ratio 0.3.

Returns

HSBC Arbitrage Fund Direct Growth has given a CAGR return of 6.59% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.27%, 6.27% and 5.89% respectively.

Holdings

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

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 HSBC Arbitrage Fund Direct Growth

To seek to generate reasonable returns by predominantly investing in arbitrage opportunities in the cash and derivatives segments of the equity markets and by investing balance in debt and 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 5000.00 and for SIP is INR 500.00. HSBC Arbitrage Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
30 people have invested ₹ 9.5L in HSBC Arbitrage Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.28%
Benchmark
NIFTY 50 Arbitrage TR INR
AUM₹2274 Cr
Inception Date30 June, 2014
Min Lumpsum/SIP₹5000/₹500
Exit Load
0.25%
Lock InNo Lock-in
TurnOver
306.46%
Risk
Risk meter
pointer
Low Risk

Fund Distribution
as on (30-Jun-24)

  • Debt & Cash 100%

AAA
100%

Sector Allocation

Jun'24

May'24

Apr'24

Cash Equivalent
86.1%
Corporate
7.7%
Government
6.2%
All changes are between Oct'69 and Dec'69

Praveen Ayathan
Praveen Ayathan
Fund Manager of HSBC Arbitrage Fund Direct Growth, since 30 June 2014

Mutual Fund Insights

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In the last 1 year, Kotak Equity Arbitrage Fund Direct Growth has given 8.63% return, outperforming this fund by 0.36%.
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In the last 3 years, Invesco India Arbitrage Fund Direct Plan Growth Option has given 6.81% return, outperforming this fund by 0.54% per annum.
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This fund has one of the lowest expense ratio in the category (arbitrage fund). Its expense ratio is 0.28% which is lower than the category average expense ratio of 0.69%.
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Over the last 1 month, this fund has increased expense ratio by 3.7% moving from 0.27 to 0.28.
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In the last 5 years, Tata Arbitrage Fund Direct Growth has given 6.16% return, outperforming this fund by 0.27% per annum.

HSBC Arbitrage Fund 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 6.59% since inception which is more than its category average return of 5.29%
AUM size ₹2274 Cr

AUM size ₹2274 Cr

This fund has AUM of ₹2274 Cr which is less than its category average of ₹ 6908 Cr
Expense Ratio 0.28%

Expense Ratio 0.28%

This fund has an expense ratio of 0.28% which is less than its category average expense ratio of 0.71%

Frequently Asked Questions

The current NAV of HSBC Arbitrage Fund Direct Growth is ₹18.99 as on 18-Jul-2024.
Existing (Absolute + CAGR) as on 18-Jul-2024.
HSBC Arbitrage Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.62%
0.62%
6 Month Returns
4.08%
4.08%
1 Year Returns
8.27%
8.27%
3 Years Returns
20.02%
6.27%
5 Years Returns
33.12%
5.89%
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.
0.28% as on June 2024
₹2274 Cr as on June 2024
HDFC Bank Ltd(6.97%), Kotak Mahindra Bank Ltd(6.17%), Bank of Baroda(5.98%), Reliance Industries Ltd(4.48%), HSBC Ultra Short Duration Gr Dir(4.15%) as on June 2024
Cash Equivalent(86.1%), Corporate(7.73%), Government(6.17%) as on June 2024
AAA
100
Praveen Ayathan is the fund manager of HSBC Arbitrage Fund Direct Growth
The Exit load of HSBC Arbitrage Fund Direct Growth is 0.25%