HSBC Arbitrage Fund Direct Growth
Hybrid
Direct
Arbitrage Fund
NAV: ₹ 18.65 as on 18-04-2024
Fund Performance
32 people have invested ₹ 89.9L in HSBC Arbitrage Fund Direct Growth in the last three months
Mutual Fund Insights
Over the last 15 months, this fund has decreased expense ratio by 22.9% moving from 0.35 to 0.27.
In the last 3 years, Invesco India Arbitrage Fund Direct Plan Growth Option has given 6.53% return, outperforming this fund by 0.49% per annum.
In the last 5 years, Tata Arbitrage Fund Direct Growth has given 6.21% return, outperforming this fund by 0.28% per annum.
In the last 1 year, Kotak Equity Arbitrage Fund Direct Growth has given 8.73% return, outperforming this fund by 0.33%.
This fund has one of the lowest expense ratio in the category (arbitrage fund). Its expense ratio is 0.27% which is lower than the category average expense ratio of 0.69%.
About the HSBC Arbitrage Fund Direct Growth
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
- HSBC Arbitrage Fund Direct Growth has ₹2003 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.3.
HSBC Arbitrage Fund Direct Growth Overview
 | 0.27% |
 Benchmark | NIFTY 50 Arbitrage TR INR |
 | ₹2003 Cr |
 | 30 June, 2014 |
 | ₹5000/₹500 |
 Exit Load | 0.25% |
 | No Lock-in |
 TurnOver | 306.46% |
HSBC Arbitrage Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
39.3%
Mid cap
26.6%
Small cap
11.2%
Sector Allocation
Financial Services
37.2%
Basic Materials
11.2%
Communication
10.6%
Health
10.5%
Energy
8.1%
Industrial
6.6%
Consumer Defensive
4.2%
Tech
3.6%
Utilities
3%
Consumer Cyclical
2.4%
Real Estate
2.4%
Top Holdings of HSBC Arbitrage Fund Direct Growth as on (31-Mar-24)
Equity Holdings114
Debt Holdings8
HSBC Arbitrage Fund Direct Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 2K Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
HSBC Arbitrage Fund Direct Growth Fund Manager
Praveen Ayathan
Fund Manager of HSBC Arbitrage Fund Direct Growth, since 30 June 2014
Top funds managed
HSBC Arbitrage Fund Direct Growth 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 5.18%
Fund Allocations
This fund has an allocation of 77.1% in Equity, 11.27% in Debt and 11.62% in Cash related instruments
AUM size ₹2003 Cr
This fund has AUM of ₹2003 Cr which is less than its category average of ₹ 5953 Cr
Expense Ratio 0.27%
This fund has an expense ratio of 0.27% 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 ₹18.65 as on 18-Apr-2024.
Existing (Absolute + CAGR) as on 18-Apr-2024.
HSBC Arbitrage Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.87% | 0.87% |
6 Month Returns | 4.18% | 4.18% |
1 Year Returns | 8.4% | 8.4% |
3 Years Returns | 19.24% | 6.04% |
5 Years Returns | 33.35% | 5.92% |
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.
0.27% as on March 2024
₹2003 Cr as on March 2024
HDFC Bank Ltd(7.14%), Reliance Industries Ltd(5.53%), Kotak Mahindra Bank Ltd(5.41%), HSBC Money Market Dir Gr(4.15%), Vedanta Ltd(4.07%) as on March 2024
Financial Services(27.16%), Health(9.88%), Government(9.76%) as on March 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%