Bandhan Arbitrage Fund - Direct Plan - Growth
Hybrid
Direct
Arbitrage Fund
NAV: ₹ 32.27 as on 16-05-2024
About the Fund
Bandhan Arbitrage Fund - Direct Plan - Growth is a hybrid fund. This fund was started on 17 January, 2013. The fund is managed by Harshal Joshi. This fund gives you the benefit of diversification.
Key Parameters
- Bandhan Arbitrage Fund - Direct Plan - Growth has ₹5733 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
- The fund has an expense ratio 0.4.
Fund Performance
750 people have invested ₹ 94.2L in Bandhan Arbitrage Fund - Direct Plan - Growth in the last three months
Overview
 | 0.36% |
 Benchmark | NIFTY 50 Arbitrage TR INR |
 | ₹5733 Cr |
 | 17 January, 2013 |
 | ₹100/₹100 |
 Exit Load | 0.25% |
 | No Lock-in |
 TurnOver | 466.67% |
Bandhan Arbitrage Fund - Direct Plan - Growth Distribution as on (30-Apr-24)
Credit rating breakup
AAA
97.4%
AA
2.6%
Sector Allocation
Cash Equivalent
78.6%
Corporate
17.2%
Government
4%
Securitize
0.1%
Top Holdings of Bandhan Arbitrage Fund - Direct Plan - Growth as on (30-Apr-24)
Equity Holdings153
Debt Holdings23
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 5.23% | -36.2% | |
 Adani Enterprises Ltd | 2.37% | -4.6% | |
 Canara Bank | 1.94% | 5.6% | |
 Kotak Mahindra Bank Ltd | 1.73% | 82% | |
 Vedanta Ltd | 1.68% | -39.4% |
See all
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 5.8K Cr as of Apr'24
- AUM has remained same between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
Over the last 3 months, this fund has decreased expense ratio by 2.7% moving from 0.37 to 0.36.
In the last 5 years, Tata Arbitrage Fund Direct Growth has given 6.14% return, outperforming this fund by 0.36% per annum.
In the last 3 years, Invesco India Arbitrage Fund Direct Plan Growth Option has given 6.59% return, outperforming this fund by 0.38% per annum.
In the last 1 year, Kotak Equity Arbitrage Fund Direct Growth has given 8.52% return, outperforming this fund by 0.29%.
This fund has one of the lowest expense ratio in the category (arbitrage fund). Its expense ratio is 0.36% which is lower than the category average expense ratio of 0.7%.
Peer Analysis
Fund Manager
Harshal Joshi
Fund Manager of Bandhan Arbitrage Fund - Direct Plan - Growth, since 20 October 2016
Top funds managed
Bandhan Arbitrage Fund - Direct Plan - 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 6.88% since inception which is more than its category average return of 5.19%
AUM size ₹5733 Cr
This fund has AUM of ₹5733 Cr which is less than its category average of ₹ 6327 Cr
Expense Ratio 0.36%
This fund has an expense ratio of 0.36% which is less than its category average expense ratio of 0.71%
Frequently Asked Questions
The current NAV of Bandhan Arbitrage Fund - Direct Plan - Growth is ₹32.27 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
Bandhan Arbitrage Fund - Direct Plan - Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.55% | 0.55% |
6 Month Returns | 4.05% | 4.05% |
1 Year Returns | 8.23% | 8.23% |
3 Years Returns | 19.81% | 6.21% |
5 Years Returns | 32.41% | 5.77% |
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.
0.36% as on April 2024
₹5733 Cr as on April 2024
Bandhan Money Manager Dir Gr(14.9%), HDFC Bank Ltd(5.23%), Adani Enterprises Ltd(2.37%), Small Industries Development Bank Of India(2.08%), Canara Bank(1.94%) as on April 2024
Cash Equivalent(78.92%), Corporate(17.29%), Government(4.02%) as on April 2024
AAA | 97.35 |
AA | 2.65 |
Harshal Joshi is the fund manager of Bandhan Arbitrage Fund - Direct Plan - Growth
The Exit load of Bandhan Arbitrage Fund - Direct Plan - Growth is 0.25%