HDFC Arbitrage Fund Wholesale Direct Growth
Hybrid
Direct
Arbitrage Fund
NAV as on 22-11-2024
₹ 19.33
Inception Returns
6.4%
/yr
About HDFC Arbitrage Fund Wholesale Direct Growth
HDFC Arbitrage Fund Wholesale Direct Growth is a hybrid fund. This fund was started on 28 March, 2014. The fund is managed by Anil Bamboli. This fund gives you the benefit of diversification.
Key Parameters
- HDFC Arbitrage Fund Wholesale Direct Growth has ₹16606 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
- The fund has an expense ratio 0.4.
Returns
HDFC Arbitrage Fund Wholesale Direct Growth has given a CAGR return of 6.38% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.40%, 6.77% and 5.76% respectively.
Holdings
HDFC Arbitrage Fund Wholesale Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Energy, Basic Materials, Consumer Cyclical, Industrial, Corporate, Tech, Health, Utilities, Consumer Defensive, Real Estate, Communication, Government.
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 benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of HDFC Arbitrage Fund Wholesale Direct Growth
To generate income through arbitrage opportunities and debt & 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 100.00 and for SIP is INR 100.00. HDFC Arbitrage Fund Wholesale Direct Growth has no lock in period.
Historical NAV & Returns
HDFC Arbitrage Fund Wholesale Direct Growth Overview
| Expense ratio | 0.41% |
Benchmark | NIFTY 50 Arbitrage TR INR |
| AUM | ₹16606 Cr |
| Inception Date | 28 March, 2014 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 0.2% |
| Lock In | No Lock-in |
TurnOver | 261.85% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Low Risk |
Trailing Returns
as on (22-Nov-24)
Fund Distribution
as on (31-Oct-24)
- AUM of the fund stands at 16.6K Cr as of Oct'24
- AUM increased by 1.2K Cr between Oct'24 and Sep'24
Top 3 Sectors in October were Financial Services, Basic Materials & Energy
Mutual Fund Insights
HDFC Arbitrage Fund Wholesale Direct Growth Highlights
Low Risk
About the fund
AUM size ₹16606 Cr
Expense Ratio 0.41%
Frequently Asked Questions for HDFC Arbitrage Fund Wholesale Direct Growth
HDFC Arbitrage Fund Wholesale Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.69% | 0.69% |
6 Month Returns | 3.98% | 3.98% |
1 Year Returns | 8.4% | 8.4% |
3 Years Returns | 21.72% | 6.77% |
5 Years Returns | 32.31% | 5.76% |
- 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.
AAA | 88.14 |
AA | 11.86 |