HDFC Arbitrage Fund Wholesale Plan Growth Option Direct Plan
Hybrid
Direct
Arbitrage Fund
NAV: ₹ 18.56 as on 16-05-2024
About the Fund
HDFC Arbitrage Fund Wholesale Plan Growth Option Direct Plan 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 Plan Growth Option Direct Plan has ₹11804 Cr worth of assets under management (AUM) as on Apr 2024 and is more than category average.
- The fund has an expense ratio 0.4.
Fund Performance
137 people have invested ₹ 7.6Cr in HDFC Arbitrage Fund Wholesale Plan Growth Option Direct Plan in the last three months
Overview
 | 0.42% |
 Benchmark | NIFTY 50 Arbitrage TR INR |
 | ₹11804 Cr |
 | 28 March, 2014 |
 | ₹100/₹100 |
 Exit Load | 0.25% |
 | No Lock-in |
 TurnOver | 261.85% |
HDFC Arbitrage Fund Wholesale Plan Growth Option Direct Plan Distribution as on (30-Apr-24)
Credit rating breakup
AAA
100%
Sector Allocation
Cash Equivalent
89.1%
Corporate
8.4%
Government
2.6%
Top Holdings of HDFC Arbitrage Fund Wholesale Plan Growth Option Direct Plan as on (30-Apr-24)
Equity Holdings135
Debt Holdings5
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 11.8K Cr as of Apr'24
- AUM increased by 922.9 Cr between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
Over the last 3 months, this fund has decreased expense ratio by 10.6% moving from 0.47 to 0.42.
This fund expense ratio is slightly on the lower side within the category (arbitrage fund). Its expense ratio is 0.42% which is lower than the category average expense ratio of 0.7%.
In the last 3 years, Invesco India Arbitrage Fund Direct Plan Growth Option has given 6.59% return, outperforming this fund by 0.49% per annum.
In the last 1 year, Kotak Equity Arbitrage Fund Direct Growth has given 8.52% return, outperforming this fund by 0.37%.
In the last 5 years, Tata Arbitrage Fund Direct Growth has given 6.14% return, outperforming this fund by 0.51% per annum.
Over the last 6 months, this fund has experienced a 56.0% growth in AUM moving from 7.56K Cr to 11.80K Cr.
Peer Analysis
Fund Manager
Anil Bamboli
Fund Manager of HDFC Arbitrage Fund Wholesale Plan Growth Option Direct Plan, since 1 February 2022
Top funds managed
HDFC Arbitrage Fund Wholesale Plan Growth Option Direct Plan 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 6.28% since inception which is more than its category average return of 5.19%
AUM size ₹11804 Cr
This fund has AUM of ₹11804 Cr which is more than its category average of ₹ 6327 Cr
Expense Ratio 0.42%
This fund has an expense ratio of 0.42% which is less than its category average expense ratio of 0.71%
Frequently Asked Questions
The current NAV of HDFC Arbitrage Fund Wholesale Plan Growth Option Direct Plan is ₹18.56 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
HDFC Arbitrage Fund Wholesale Plan Growth Option Direct Plan | Absolute Returns | CAGR Returns |
1 Month Returns | 0.52% | 0.52% |
6 Month Returns | 4.04% | 4.04% |
1 Year Returns | 8.16% | 8.16% |
3 Years Returns | 19.43% | 6.1% |
5 Years Returns | 31.5% | 5.63% |
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.
0.42% as on April 2024
₹11804 Cr as on April 2024
HDFC Money Market Dir Gr(12.39%), HDFC Bank Ltd(8.1%), Reliance Industries Ltd(5.37%), HDFC Liquid Dir Gr(4.77%), Larsen & Toubro Ltd(2.85%) as on April 2024
Cash Equivalent(89.45%), Corporate(8.4%), Government(2.56%) as on April 2024
AAA | 100 |
Anil Bamboli is the fund manager of HDFC Arbitrage Fund Wholesale Plan Growth Option Direct Plan
The Exit load of HDFC Arbitrage Fund Wholesale Plan Growth Option Direct Plan is 0.25%