HSBC Arbitrage Fund Direct Plan Bonus Option

Hybrid
Direct
Arbitrage Fund
HSBC Arbitrage Fund Direct Plan Bonus Option

About the Fund

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

Returns

HSBC Arbitrage Fund Direct Plan Bonus Option has given a CAGR return of 7.53% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 6.51% and 7.43% respectively.

Holdings

HSBC Arbitrage Fund Direct Plan Bonus Option has allocated its funds majorly in Cash Equivalent, Financial Services, Basic Materials, Health, Corporate, Communication, Energy, Government, Tech, Industrial, Consumer Defensive, Consumer Cyclical, 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 Plan Bonus Option

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 0.00 and for SIP is INR 0.00. HSBC Arbitrage Fund Direct Plan Bonus Option has no lock in period.

Fund Performance

Fund Overview

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

Fund Distribution
as on (31-May-24)

  • Debt & Cash 100%

AAA
100%

Sector Allocation

May'24

Apr'24

Mar'24

Cash Equivalent
83.7%
Corporate
9.2%
Government
7.1%
All changes are between Oct'69 and Dec'69

Praveen Ayathan
Praveen Ayathan
Fund Manager of HSBC Arbitrage Fund Direct Plan Bonus Option, since 30 June 2014

HSBC Arbitrage Fund Direct Plan Bonus Option 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 7.53% since inception which is more than its category average return of 5.26%
AUM size ₹2274 Cr

AUM size ₹2274 Cr

This fund has AUM of ₹2274 Cr which is less than its category average of ₹ 6913 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 Plan Bonus Option is ₹12.77 as on 10-Nov-2017.
Existing (Absolute + CAGR) as on 10-Nov-2017.
HSBC Arbitrage Fund Direct Plan Bonus Option
Absolute Returns
CAGR Returns
1 Month Returns
0.57%
0.57%
6 Month Returns
3.59%
3.59%
1 Year Returns
6.51%
6.51%
3 Years Returns
23.97%
7.43%
5 Years Returns
0%
0%
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 May 2024
₹2274 Cr as on May 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 May 2024
Cash Equivalent(83.69%), Corporate(9.17%), Government(7.14%) as on May 2024
AAA
100
Praveen Ayathan is the fund manager of HSBC Arbitrage Fund Direct Plan Bonus Option
The Exit load of HSBC Arbitrage Fund Direct Plan Bonus Option is 0.25%