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Table of Contents
- Best Performing Arbitrage Funds in FY 22 - 23 Based on Performance
- Top 10 Performing Arbitrage Funds in FY 22 - 23
Top 10 Hybrid - Arbitrage Funds
Top 10 Best Performing Arbitrage Funds for the year FY 22 - 23
Arbitrage strategy enjoys the benefits of price differences in different markets and makes money. These schemes earn returns by leveraging on price differentials due to Market inefficiencies in different markets. The return generating capacity of these funds are dependent on the Volatility of the invested asset in the market. Some of the advantages of arbitrage funds include less risk, returns, and favourable taxation. Being a part of an Equity Fund, if the investment is held for more than one year, it attracts long-term Capital Gain which in-turn has no tax. In the year 2022, the performance of arbitrage funds was to the mark. Many of the schemes have generated positive returns in 2022. So, let us have a glance at the top and best-performing arbitrage funds for 2022 on the Basis of performance that is, returns.
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Best Performing Arbitrage Funds in FY 22 - 23 Based on Performance
Fund NAV Net Assets (Cr) 2022 (%) 2021 (%) 2020 (%) 2019 (%) 2018 (%) Invesco India Arbitrage Fund Growth ₹27.5448
↑ 0.03 ₹3,507 5.1 3.5 4.3 5.9 5.9 SBI Arbitrage Opportunities Fund Growth ₹29.1909
↑ 0.02 ₹8,086 4.6 4 3.5 6 6.2 Kotak Equity Arbitrage Fund Growth ₹32.2551
↑ 0.02 ₹20,587 4.5 4 4.3 6.1 6.3 Edelweiss Arbitrage Fund Growth ₹16.7396
↑ 0.02 ₹4,688 4.4 3.8 4.5 6.2 6.1 ICICI Prudential Equity Arbitrage Fund Growth ₹29.6266
↑ 0.02 ₹10,189 4.2 3.9 4.3 5.9 6.2 Axis Arbitrage Fund Growth ₹16.1805
↑ 0.01 ₹2,316 4.2 3.8 4.1 5.8 6.1 HDFC Arbitrage Fund Growth ₹26.451
↑ 0.02 ₹5,416 4.2 3.6 3.7 6 5.7 Nippon India Arbitrage Fund Growth ₹22.9989
↑ 0.01 ₹8,475 4.2 3.8 4.3 6.2 6.8 IDFC Arbitrage Fund Growth ₹28.0802
↑ 0.02 ₹2,927 4.1 3.5 3.8 6.2 6.3 Aditya Birla Sun Life Arbitrage Fund Growth ₹22.9672
↑ 0.02 ₹3,651 4.1 3.8 4.1 6.2 6 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 8 Jun 23
Top 10 Performing Arbitrage Funds in FY 22 - 23
The primary investment objective of the scheme is to generate income through arbitrage opportunities emerging out of mis-pricing between the cash market and the derivatives market and through deployment of surplus cash in fixed income instruments. Invesco India Arbitrage Fund is a Hybrid - Arbitrage fund was launched on 30 Apr 07. It is a fund with Moderately Low risk and has given a Below is the key information for Invesco India Arbitrage Fund Returns up to 1 year are on To provide capital appreciation and regular income for unitholders by identifying profitable arbitrage opportunities between the spot and derivative market segments as also through investment of surplus cash in debt and money market instruments. SBI Arbitrage Opportunities Fund is a Hybrid - Arbitrage fund was launched on 3 Nov 06. It is a fund with Moderately Low risk and has given a Below is the key information for SBI Arbitrage Opportunities Fund Returns up to 1 year are on The investment objective of the scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivatives segment of the equity market, and by investing the balance in debt and money market instruments. However, there is no assurance that the objective of the scheme will be realized Kotak Equity Arbitrage Fund is a Hybrid - Arbitrage fund was launched on 29 Sep 05. It is a fund with Moderately Low risk and has given a Below is the key information for Kotak Equity Arbitrage Fund Returns up to 1 year are on The investment objective of the Scheme is to generate income by predominantly investing in arbitrage opportunities in the cash and the derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market instruments. However, there is no assurance that the investment objective of the scheme will be realized. Edelweiss Arbitrage Fund is a Hybrid - Arbitrage fund was launched on 27 Jun 14. It is a fund with Moderately Low risk and has given a Below is the key information for Edelweiss Arbitrage Fund Returns up to 1 year are on The investment objective of Income Optimiser Plan under the scheme is to seek to generate low volatility returns by using arbitrage and other derivative strategies in equity markets and investments in short-term debt portfolio. ICICI Prudential Equity Arbitrage Fund is a Hybrid - Arbitrage fund was launched on 30 Dec 06. It is a fund with Moderate risk and has given a Below is the key information for ICICI Prudential Equity Arbitrage Fund Returns up to 1 year are on (Erstwhile Axis Enhanced Arbitrage Fund) To generate income through low volatility absolute return strategies that take advantage of opportunities in the cash and the derivative segments of the equity markets including the arbitrage opportunities available within the derivative segment, by using other derivative based strategies and by investing the balance in debt and money market instruments. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns. Axis Arbitrage Fund is a Hybrid - Arbitrage fund was launched on 14 Aug 14. It is a fund with Moderate risk and has given a Below is the key information for Axis Arbitrage Fund Returns up to 1 year are on "To generate income through arbitrage opportunities between cash and derivative market and arbitrage opportunities within the derivative segment and by deployment of surplus cash in debt securities and money market instruments." HDFC Arbitrage Fund is a Hybrid - Arbitrage fund was launched on 23 Oct 07. It is a fund with Moderately Low risk and has given a Below is the key information for HDFC Arbitrage Fund Returns up to 1 year are on (Erstwhile Reliance Arbitrage Advantage Fund) The investment objective of the scheme is to generate income by taking advantage of the arbitrage opportunities that potentially exists between cash and derivative market and within the derivative segment along with investments in debt securities & money market instruments. Nippon India Arbitrage Fund is a Hybrid - Arbitrage fund was launched on 14 Oct 10. It is a fund with Moderately Low risk and has given a Below is the key information for Nippon India Arbitrage Fund Returns up to 1 year are on The investment objective of the Scheme is to generate capital appreciation and
income by predominantly investing in arbitrage opportunity in the cash and
the derivative segments of the equity markets and the arbitrage opportunity
available within the derivative segments and by investing the balance in debt
and money market instruments. However there is no assurance that the
investment objective of the scheme will be realized. IDFC Arbitrage Fund is a Hybrid - Arbitrage fund was launched on 21 Dec 06. It is a fund with Moderately Low risk and has given a Below is the key information for IDFC Arbitrage Fund Returns up to 1 year are on (Erstwhile Aditya Birla Sun Life Enhanced Arbitrage Fund) An Open ended Equity Scheme with an investment objective to generate income by investing predominantly in equity and equity related instruments. Scheme intends to take advantage from the price differentials / mis-pricing prevailing for stock / index in various market segments (Cash & Futures). Aditya Birla Sun Life Arbitrage Fund is a Hybrid - Arbitrage fund was launched on 24 Jul 09. It is a fund with Moderate risk and has given a Below is the key information for Aditya Birla Sun Life Arbitrage Fund Returns up to 1 year are on 1. Invesco India Arbitrage Fund
CAGR/Annualized return of 6.5% since its launch. Ranked 9 in Arbitrage category. Return for 2022 was 5.1% , 2021 was 3.5% and 2020 was 4.3% . Invesco India Arbitrage Fund
Growth Launch Date 30 Apr 07 NAV (08 Jun 23) ₹27.5448 ↑ 0.03 (0.09 %) Net Assets (Cr) ₹3,507 on 30 Apr 23 Category Hybrid - Arbitrage AMC Invesco Asset Management (India) Private Ltd Rating ☆☆☆ Risk Moderately Low Expense Ratio 1.02 Sharpe Ratio -0.14 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-15 Days (0.5%),15 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 May 18 ₹10,000 31 May 19 ₹10,617 31 May 20 ₹11,270 31 May 21 ₹11,595 31 May 22 ₹12,052 31 May 23 ₹12,782 Returns for Invesco India Arbitrage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Jun 23 Duration Returns 1 Month 0.7% 3 Month 1.8% 6 Month 3.8% 1 Year 6.3% 3 Year 4.5% 5 Year 5% 10 Year 15 Year Since launch 6.5% Historical performance (Yearly) on absolute basis
Year Returns 2022 5.1% 2021 3.5% 2020 4.3% 2019 5.9% 2018 5.9% 2017 5.5% 2016 6.5% 2015 7.6% 2014 8.3% 2013 7.9% Fund Manager information for Invesco India Arbitrage Fund
Name Since Tenure Deepak Gupta 11 Nov 21 1.47 Yr. Kuber Mannadi 1 Sep 22 0.66 Yr. Data below for Invesco India Arbitrage Fund as on 30 Apr 23
Asset Allocation
Asset Class Value Cash 92.6% Debt 7.68% Equity Sector Allocation
Sector Value Financial Services 26.08% Basic Materials 11.26% Consumer Cyclical 6.64% Health Care 4.55% Communication Services 3.85% Energy 3.37% Industrials 3.11% Technology 1.87% Consumer Defensive 1.5% Real Estate 1.3% Utility 1.19% Debt Sector Allocation
Sector Value Cash Equivalent 87.21% Corporate 8% Government 5.07% Credit Quality
Rating Value AA 31.03% AAA 68.97% Top Securities Holdings / Portfolio
Name Holding Value Quantity Invesco India Liquid Dir Gr
Investment Fund | -12% ₹428 Cr 1,379,180
↓ -225,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 23 | HDFCBANK7% ₹257 Cr 1,525,700
↑ 909,700 Hdfc Bank Limited May 2023 Future
Derivatives | -7% -₹256 Cr 1,525,700
↑ 1,525,700 Invesco India Money Market Dir Gr
Investment Fund | -4% ₹140 Cr 521,837
↑ 521,837 Future on Ambuja Cements Ltd
Derivatives | -3% -₹121 Cr 3,025,800
↑ 1,848,600 Ambuja Cements Ltd (Basic Materials)
Equity, Since 31 Aug 22 | AMBUJACEM3% ₹120 Cr 3,025,800
↑ 1,848,600 Future on Tata Motors Ltd
Derivatives | -3% -₹113 Cr 2,315,625
↑ 228,000 Tata Motors Ltd (Consumer Cyclical)
Equity, Since 31 Jan 23 | TATAMOTORS3% ₹112 Cr 2,315,625
↑ 228,000 Future on IDFC Ltd
Derivatives | -3% -₹91 Cr 10,280,000
↓ -3,980,000 IDFC Ltd (Financial Services)
Equity, Since 31 Dec 21 | IDFC3% ₹90 Cr 10,280,000
↓ -3,980,000 2. SBI Arbitrage Opportunities Fund
CAGR/Annualized return of 6.7% since its launch. Ranked 15 in Arbitrage category. Return for 2022 was 4.6% , 2021 was 4% and 2020 was 3.5% . SBI Arbitrage Opportunities Fund
Growth Launch Date 3 Nov 06 NAV (08 Jun 23) ₹29.1909 ↑ 0.02 (0.08 %) Net Assets (Cr) ₹8,086 on 30 Apr 23 Category Hybrid - Arbitrage AMC SBI Funds Management Private Limited Rating ☆☆ Risk Moderately Low Expense Ratio 0.85 Sharpe Ratio -0.53 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Months (0.5%),1 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 May 18 ₹10,000 31 May 19 ₹10,645 31 May 20 ₹11,256 31 May 21 ₹11,530 31 May 22 ₹12,006 31 May 23 ₹12,727 Returns for SBI Arbitrage Opportunities Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Jun 23 Duration Returns 1 Month 0.8% 3 Month 1.9% 6 Month 4% 1 Year 6.2% 3 Year 4.4% 5 Year 4.9% 10 Year 15 Year Since launch 6.7% Historical performance (Yearly) on absolute basis
Year Returns 2022 4.6% 2021 4% 2020 3.5% 2019 6% 2018 6.2% 2017 5.3% 2016 6.4% 2015 7.3% 2014 8.6% 2013 9% Fund Manager information for SBI Arbitrage Opportunities Fund
Name Since Tenure Neeraj Kumar 5 Oct 12 10.57 Yr. Arun R. 30 Jun 21 1.83 Yr. Data below for SBI Arbitrage Opportunities Fund as on 30 Apr 23
Asset Allocation
Asset Class Value Cash 96.12% Debt 4.21% Equity Sector Allocation
Sector Value Financial Services 31.32% Basic Materials 10.89% Industrials 7.88% Energy 6.49% Health Care 4.1% Consumer Cyclical 3.59% Utility 3.15% Communication Services 2.18% Technology 1.82% Consumer Defensive 1.59% Real Estate 1.22% Debt Sector Allocation
Sector Value Cash Equivalent 92.18% Government 5.52% Corporate 2.63% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity SBI Savings Dir Gr
Investment Fund | -9% ₹722 Cr 190,896,816 Future on Kotak Mahindra Bank Ltd
Derivatives | -6% -₹461 Cr 2,370,400
↓ -214,000 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Aug 22 | KOTAKBANK6% ₹459 Cr 2,370,400
↓ -214,000 Future on Housing Development Finance Corp Ltd
Derivatives | -5% -₹369 Cr 1,325,100
↑ 260,700 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 May 18 | HDFC5% ₹368 Cr 1,325,100
↑ 260,700 Future on Reliance Industries Ltd
Derivatives | -4% -₹297 Cr 1,223,750
↓ -103,750 Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 21 | RELIANCE4% ₹296 Cr 1,223,750
↓ -103,750 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 22 | HDFCBANK3% ₹257 Cr 1,521,300
↓ -119,900 Future on HDFC Bank Ltd
Derivatives | -3% -₹255 Cr 1,521,300
↓ -119,900 Future on ICICI Bank Ltd
Derivatives | -3% -₹241 Cr 2,613,800
↑ 644,000 3. Kotak Equity Arbitrage Fund
CAGR/Annualized return of 6.8% since its launch. Ranked 2 in Arbitrage category. Return for 2022 was 4.5% , 2021 was 4% and 2020 was 4.3% . Kotak Equity Arbitrage Fund
Growth Launch Date 29 Sep 05 NAV (08 Jun 23) ₹32.2551 ↑ 0.02 (0.07 %) Net Assets (Cr) ₹20,587 on 30 Apr 23 Category Hybrid - Arbitrage AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆☆ Risk Moderately Low Expense Ratio 0.63 Sharpe Ratio -0.68 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-30 Days (0.25%),30 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 May 18 ₹10,000 31 May 19 ₹10,673 31 May 20 ₹11,332 31 May 21 ₹11,676 31 May 22 ₹12,139 31 May 23 ₹12,831 Returns for Kotak Equity Arbitrage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Jun 23 Duration Returns 1 Month 0.7% 3 Month 1.8% 6 Month 3.9% 1 Year 5.9% 3 Year 4.5% 5 Year 5.1% 10 Year 15 Year Since launch 6.8% Historical performance (Yearly) on absolute basis
Year Returns 2022 4.5% 2021 4% 2020 4.3% 2019 6.1% 2018 6.3% 2017 5.8% 2016 6.7% 2015 7.5% 2014 9% 2013 9.2% Fund Manager information for Kotak Equity Arbitrage Fund
Name Since Tenure Hiten Shah 3 Oct 19 3.58 Yr. Data below for Kotak Equity Arbitrage Fund as on 30 Apr 23
Asset Allocation
Asset Class Value Cash 95.07% Debt 5.23% Equity Sector Allocation
Sector Value Financial Services 24.06% Basic Materials 8.53% Energy 7.18% Industrials 7.09% Consumer Cyclical 7% Consumer Defensive 4.33% Health Care 4.26% Utility 3.91% Technology 3.26% Communication Services 2.02% Real Estate 0.94% Debt Sector Allocation
Sector Value Cash Equivalent 85.45% Government 7.95% Corporate 6.91% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity Kotak Money Market Dir Gr
Investment Fund | -14% ₹2,911 Cr 7,553,686 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 22 | HDFCBANK6% ₹1,242 Cr 7,358,450
↑ 3,791,700 HDFC Bank Ltd.-MAY2023
Derivatives | -6% -₹1,234 Cr 7,358,450
↑ 7,358,450 Kotak Savings Fund Dir Gr
Investment Fund | -5% ₹1,024 Cr 267,252,912
↑ 123,201,797 Kotak Liquid Dir Gr
Investment Fund | -3% ₹691 Cr 1,510,222 Kotak Mahindra Bank Ltd.-MAY2023
Derivatives | -3% -₹574 Cr 2,950,800
↑ 2,950,800 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 28 Feb 23 | KOTAKBANK3% ₹572 Cr 2,950,800
↓ -1,797,600 ICICI Bank Ltd.-MAY2023
Derivatives | -2% -₹491 Cr 5,322,800
↑ 5,322,800 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 19 | ICICIBANK2% ₹488 Cr 5,322,800
↓ -400,400 Grasim Industries Ltd.-MAY2023
Derivatives | -2% -₹374 Cr 2,161,250
↑ 2,161,250 4. Edelweiss Arbitrage Fund
CAGR/Annualized return of 5.9% since its launch. Ranked 1 in Arbitrage category. Return for 2022 was 4.4% , 2021 was 3.8% and 2020 was 4.5% . Edelweiss Arbitrage Fund
Growth Launch Date 27 Jun 14 NAV (08 Jun 23) ₹16.7396 ↑ 0.02 (0.10 %) Net Assets (Cr) ₹4,688 on 30 Apr 23 Category Hybrid - Arbitrage AMC Edelweiss Asset Management Limited Rating ☆☆☆☆☆ Risk Moderately Low Expense Ratio 1.09 Sharpe Ratio -1.05 Information Ratio 0.44 Alpha Ratio -0.32 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-30 Days (0.25%),30 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 May 18 ₹10,000 31 May 19 ₹10,668 31 May 20 ₹11,363 31 May 21 ₹11,682 31 May 22 ₹12,134 31 May 23 ₹12,810 Returns for Edelweiss Arbitrage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Jun 23 Duration Returns 1 Month 0.7% 3 Month 1.8% 6 Month 3.8% 1 Year 5.8% 3 Year 4.3% 5 Year 5.1% 10 Year 15 Year Since launch 5.9% Historical performance (Yearly) on absolute basis
Year Returns 2022 4.4% 2021 3.8% 2020 4.5% 2019 6.2% 2018 6.1% 2017 5.8% 2016 6.7% 2015 8% 2014 2013 Fund Manager information for Edelweiss Arbitrage Fund
Name Since Tenure Dhawal Dalal 22 Dec 16 6.36 Yr. Bhavesh Jain 27 Jun 14 8.85 Yr. Bhavin Patadia 1 Mar 23 0.17 Yr. Data below for Edelweiss Arbitrage Fund as on 30 Apr 23
Asset Allocation
Asset Class Value Cash 90.27% Debt 10.05% Equity Sector Allocation
Sector Value Financial Services 28.24% Basic Materials 10.69% Industrials 6.2% Health Care 6.04% Communication Services 4.84% Consumer Cyclical 4.77% Energy 4% Technology 3.12% Consumer Defensive 2.45% Utility 2.3% Real Estate 0.99% Debt Sector Allocation
Sector Value Cash Equivalent 84.64% Government 12.07% Corporate 3.61% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 21 | HDFCBANK5% ₹224 Cr 1,324,950
↑ 866,800 Future on HDFC Bank Ltd
Derivatives | -5% -₹222 Cr 1,324,950
↑ 866,800 6.69% Govt Stock 2024
Sovereign Bonds | -3% ₹150 Cr 15,000,000 Future on ICICI Bank Ltd
Derivatives | -3% -₹143 Cr 1,549,800
↑ 490,700 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 20 | ICICIBANK3% ₹142 Cr 1,549,800
↑ 490,700 Future on Punjab National Bank
Derivatives | -2% -₹108 Cr 20,464,000
↑ 7,216,000 Punjab National Bank (Financial Services)
Equity, Since 30 Apr 21 | PNB2% ₹107 Cr 20,464,000
↑ 7,216,000 8.83% Govt Stock 2023
Sovereign Bonds | -2% ₹101 Cr 10,000,000 364 DTB 29062023
Sovereign Bonds | -2% ₹99 Cr 10,000,000 Future on IDFC Ltd
Derivatives | -2% -₹94 Cr 10,690,000
↑ 650,000 5. ICICI Prudential Equity Arbitrage Fund
CAGR/Annualized return of 6.8% since its launch. Ranked 4 in Arbitrage category. Return for 2022 was 4.2% , 2021 was 3.9% and 2020 was 4.3% . ICICI Prudential Equity Arbitrage Fund
Growth Launch Date 30 Dec 06 NAV (08 Jun 23) ₹29.6266 ↑ 0.02 (0.05 %) Net Assets (Cr) ₹10,189 on 30 Apr 23 Category Hybrid - Arbitrage AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆☆ Risk Moderate Expense Ratio 0.95 Sharpe Ratio -1.05 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-1 Months (0.25%),1 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 May 18 ₹10,000 31 May 19 ₹10,657 31 May 20 ₹11,310 31 May 21 ₹11,635 31 May 22 ₹12,062 31 May 23 ₹12,734 Returns for ICICI Prudential Equity Arbitrage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Jun 23 Duration Returns 1 Month 0.6% 3 Month 1.8% 6 Month 3.7% 1 Year 5.8% 3 Year 4.3% 5 Year 5% 10 Year 15 Year Since launch 6.8% Historical performance (Yearly) on absolute basis
Year Returns 2022 4.2% 2021 3.9% 2020 4.3% 2019 5.9% 2018 6.2% 2017 5.5% 2016 6.8% 2015 7.6% 2014 8.6% 2013 9.8% Fund Manager information for ICICI Prudential Equity Arbitrage Fund
Name Since Tenure Kayzad Eghlim 1 Feb 11 12.25 Yr. Rohan Maru 29 Dec 20 2.34 Yr. Nikhil Kabra 29 Dec 20 2.34 Yr. Sharmila D’mello 31 Jul 22 0.75 Yr. Data below for ICICI Prudential Equity Arbitrage Fund as on 30 Apr 23
Asset Allocation
Asset Class Value Cash 88.95% Debt 11.37% Equity Sector Allocation
Sector Value Financial Services 19.19% Basic Materials 11.45% Industrials 6.54% Consumer Cyclical 6.31% Health Care 5.82% Energy 5.1% Consumer Defensive 4.08% Utility 3.17% Technology 2.76% Communication Services 1.93% Real Estate 1.86% Debt Sector Allocation
Sector Value Cash Equivalent 81.5% Government 13.34% Corporate 5.47% Securitized 0.01% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Pru Savings Dir Gr
Investment Fund | -8% ₹767 Cr 16,474,508 Future on Kotak Mahindra Bank Ltd
Derivatives | -4% -₹420 Cr 2,158,000
↓ -71,200 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Oct 21 | KOTAKBANK4% ₹418 Cr 2,158,000
↓ -71,200 Future on Reliance Industries Ltd
Derivatives | -4% -₹416 Cr 1,710,250
↓ -750 Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 18 | RELIANCE4% ₹414 Cr 1,710,250
↓ -750 Future on ICICI Bank Ltd
Derivatives | -3% -₹330 Cr 3,572,100
↑ 644,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 19 | ICICIBANK3% ₹328 Cr 3,572,100
↑ 644,000 Future on Adani Ports & Special Economic Zone Ltd
Derivatives | -3% -₹319 Cr 4,650,000
↓ -3,750 Adani Ports & Special Economic Zone Ltd (Industrials)
Equity, Since 31 Aug 19 | ADANIPORTS3% ₹317 Cr 4,650,000
↓ -3,750 182 DTB 17082023
Sovereign Bonds | -3% ₹294 Cr 30,000,000 6. Axis Arbitrage Fund
CAGR/Annualized return of 5.6% since its launch. Ranked 12 in Arbitrage category. Return for 2022 was 4.2% , 2021 was 3.8% and 2020 was 4.1% . Axis Arbitrage Fund
Growth Launch Date 14 Aug 14 NAV (08 Jun 23) ₹16.1805 ↑ 0.01 (0.05 %) Net Assets (Cr) ₹2,316 on 30 Apr 23 Category Hybrid - Arbitrage AMC Axis Asset Management Company Limited Rating ☆☆ Risk Moderate Expense Ratio 1.03 Sharpe Ratio -1.5 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-7 Days (0.25%),7 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 May 18 ₹10,000 31 May 19 ₹10,628 31 May 20 ₹11,277 31 May 21 ₹11,583 31 May 22 ₹12,050 31 May 23 ₹12,675 Returns for Axis Arbitrage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Jun 23 Duration Returns 1 Month 0.6% 3 Month 1.7% 6 Month 3.6% 1 Year 5.4% 3 Year 4.2% 5 Year 4.9% 10 Year 15 Year Since launch 5.6% Historical performance (Yearly) on absolute basis
Year Returns 2022 4.2% 2021 3.8% 2020 4.1% 2019 5.8% 2018 6.1% 2017 5.2% 2016 6.9% 2015 7.3% 2014 2013 Fund Manager information for Axis Arbitrage Fund
Name Since Tenure Devang Shah 14 Aug 14 8.72 Yr. Sachin Jain 9 Nov 21 1.47 Yr. Ashish Naik 4 May 22 0.99 Yr. Data below for Axis Arbitrage Fund as on 30 Apr 23
Asset Allocation
Asset Class Value Cash 91.67% Debt 8.62% Equity Sector Allocation
Sector Value Financial Services 25.59% Basic Materials 16.35% Consumer Defensive 5.65% Consumer Cyclical 3.95% Real Estate 3.41% Utility 3.03% Communication Services 2.69% Health Care 2.67% Energy 2.07% Technology 1.49% Industrials 0.74% Debt Sector Allocation
Sector Value Cash Equivalent 83.17% Government 10.31% Corporate 6.8% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity Axis Ultra Short Term Fund Dir Gr
Investment Fund | -10% ₹225 Cr 169,418,773
↓ -22,679,966 Axis Money Market Dir Gr
Investment Fund | -10% ₹225 Cr 1,832,921
↓ -532,933 Future on ICICI Bank Ltd
Derivatives | -7% -₹162 Cr 1,755,600
↑ 1,755,600 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 19 | ICICIBANK7% ₹161 Cr 1,755,600
↑ 73,500 HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 23 | HDFCBANK5% ₹121 Cr 718,300
↑ 591,250 Hdfc Bank Limited May 2023 Future
Derivatives | -5% -₹120 Cr 718,300
↑ 718,300 Future on Kotak Mahindra Bank Ltd
Derivatives | -5% -₹106 Cr 545,600
↓ -358,400 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Sep 22 | KOTAKBANK5% ₹106 Cr 545,600
↓ -358,400 Future on United Spirits Ltd Shs Dematerialised
Derivatives | -4% -₹101 Cr 1,294,375
↓ -7,500 United Spirits Ltd Shs Dematerialised (Consumer Defensive)
Equity, Since 31 Jul 17 | 5324324% ₹101 Cr 1,294,375
↓ -7,500 7. HDFC Arbitrage Fund
CAGR/Annualized return of 6.4% since its launch. Ranked 10 in Arbitrage category. Return for 2022 was 4.2% , 2021 was 3.6% and 2020 was 3.7% . HDFC Arbitrage Fund
Growth Launch Date 23 Oct 07 NAV (08 Jun 23) ₹26.451 ↑ 0.02 (0.06 %) Net Assets (Cr) ₹5,416 on 30 Apr 23 Category Hybrid - Arbitrage AMC HDFC Asset Management Company Limited Rating ☆☆☆ Risk Moderately Low Expense Ratio 0.92 Sharpe Ratio -0.96 Information Ratio 0 Alpha Ratio 0 Min Investment 100,000 Min SIP Investment 300 Exit Load 0-1 Months (0.25%),1 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 May 18 ₹10,000 31 May 19 ₹10,633 31 May 20 ₹11,223 31 May 21 ₹11,548 31 May 22 ₹11,947 31 May 23 ₹12,607 Returns for HDFC Arbitrage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Jun 23 Duration Returns 1 Month 0.6% 3 Month 1.7% 6 Month 3.7% 1 Year 5.8% 3 Year 4.2% 5 Year 4.7% 10 Year 15 Year Since launch 6.4% Historical performance (Yearly) on absolute basis
Year Returns 2022 4.2% 2021 3.6% 2020 3.7% 2019 6% 2018 5.7% 2017 5.3% 2016 6.6% 2015 7.6% 2014 7.9% 2013 8.3% Fund Manager information for HDFC Arbitrage Fund
Name Since Tenure Anil Bamboli 1 Feb 22 1.24 Yr. Arun Agarwal 24 Aug 20 2.68 Yr. Priya Ranjan 1 May 22 1 Yr. Nirman Morakhia 15 Feb 23 0.2 Yr. Data below for HDFC Arbitrage Fund as on 30 Apr 23
Asset Allocation
Asset Class Value Cash 95.1% Debt 5.22% Equity Sector Allocation
Sector Value Financial Services 23.58% Basic Materials 7.07% Energy 6.83% Consumer Cyclical 6.58% Health Care 5.05% Consumer Defensive 5% Industrials 3.96% Utility 3.39% Communication Services 2.49% Real Estate 2.31% Technology 2.26% Debt Sector Allocation
Sector Value Cash Equivalent 86.03% Corporate 7.6% Government 6.68% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Money Market Dir Gr
Investment Fund | -12% ₹638 Cr 1,287,371 HDFC Liquid Dir Gr
Investment Fund | -7% ₹363 Cr 817,126
↑ 56,308 Future on Reliance Industries Ltd
Derivatives | -6% -₹327 Cr Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 21 | RELIANCE6% ₹326 Cr 1,347,250
↑ 44,500 Future on ICICI Bank Ltd
Derivatives | -6% -₹299 Cr ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 22 | ICICIBANK5% ₹297 Cr 3,238,200
↑ 615,300 Future on Kotak Mahindra Bank Ltd
Derivatives | -3% -₹187 Cr Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Mar 22 | KOTAKBANK3% ₹186 Cr 962,000
↓ -1,588,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 23 | HDFCBANK3% ₹170 Cr 1,008,150
↑ 724,350 Future on HDFC Bank Ltd
Derivatives | -3% -₹169 Cr 8. Nippon India Arbitrage Fund
CAGR/Annualized return of 6.8% since its launch. Ranked 3 in Arbitrage category. Return for 2022 was 4.2% , 2021 was 3.8% and 2020 was 4.3% . Nippon India Arbitrage Fund
Growth Launch Date 14 Oct 10 NAV (08 Jun 23) ₹22.9989 ↑ 0.01 (0.06 %) Net Assets (Cr) ₹8,475 on 30 Apr 23 Category Hybrid - Arbitrage AMC Nippon Life Asset Management Ltd. Rating ☆☆☆☆ Risk Moderately Low Expense Ratio 1.02 Sharpe Ratio -1.54 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-1 Months (0.25%),1 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 May 18 ₹10,000 31 May 19 ₹10,684 31 May 20 ₹11,334 31 May 21 ₹11,669 31 May 22 ₹12,108 31 May 23 ₹12,763 Returns for Nippon India Arbitrage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Jun 23 Duration Returns 1 Month 0.7% 3 Month 1.8% 6 Month 3.6% 1 Year 5.6% 3 Year 4.3% 5 Year 5% 10 Year 15 Year Since launch 6.8% Historical performance (Yearly) on absolute basis
Year Returns 2022 4.2% 2021 3.8% 2020 4.3% 2019 6.2% 2018 6.8% 2017 5.5% 2016 6.6% 2015 8.1% 2014 8% 2013 9.7% Fund Manager information for Nippon India Arbitrage Fund
Name Since Tenure Anju Chhajer 1 Feb 20 3.25 Yr. Kinjal Desai 25 May 18 4.94 Yr. Anand Gupta 12 Sep 18 4.64 Yr. Akshay Sharma 1 Dec 22 0.41 Yr. Data below for Nippon India Arbitrage Fund as on 30 Apr 23
Asset Allocation
Asset Class Value Cash 89.95% Debt 10.35% Equity Sector Allocation
Sector Value Financial Services 23.69% Basic Materials 12.83% Industrials 6.54% Consumer Cyclical 5.49% Health Care 4.75% Energy 4.16% Consumer Defensive 3.93% Technology 3.41% Communication Services 2.68% Utility 2.13% Real Estate 0.46% Debt Sector Allocation
Sector Value Cash Equivalent 82.59% Government 11.44% Corporate 6.27% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity Nippon India Money Market Dir Gr
Investment Fund | -8% ₹667 Cr 1,868,640 Nippon India Low Duration Dir Gr
Investment Fund | -4% ₹381 Cr 1,131,266 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 23 | HDFCBANK3% ₹276 Cr 1,634,600
↑ 313,500 Hdfc Bank Limited_25/05/2023
Derivatives | -3% -₹274 Cr Future on Kotak Mahindra Bank Ltd
Derivatives | -3% -₹272 Cr Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Mar 22 | KOTAKBANK3% ₹271 Cr 1,400,000
↓ -353,600 Future on Reliance Industries Ltd
Derivatives | -3% -₹262 Cr Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 17 | RELIANCE3% ₹261 Cr 1,078,500
↓ -206,500 182 DTB 14092023
Sovereign Bonds | -3% ₹244 Cr 25,000,000
↑ 5,000,000 Future on Adani Ports & Special Economic Zone Ltd
Derivatives | -3% -₹233 Cr 9. IDFC Arbitrage Fund
CAGR/Annualized return of 6.5% since its launch. Ranked 17 in Arbitrage category. Return for 2022 was 4.1% , 2021 was 3.5% and 2020 was 3.8% . IDFC Arbitrage Fund
Growth Launch Date 21 Dec 06 NAV (08 Jun 23) ₹28.0802 ↑ 0.02 (0.09 %) Net Assets (Cr) ₹2,927 on 30 Apr 23 Category Hybrid - Arbitrage AMC IDFC Asset Management Company Limited Rating ☆ Risk Moderately Low Expense Ratio 1.06 Sharpe Ratio -1.05 Information Ratio 0 Alpha Ratio 0 Min Investment 100 Min SIP Investment 1,000 Exit Load 0-1 Months (0.25%),1 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 May 18 ₹10,000 31 May 19 ₹10,683 31 May 20 ₹11,297 31 May 21 ₹11,605 31 May 22 ₹12,009 31 May 23 ₹12,672 Returns for IDFC Arbitrage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Jun 23 Duration Returns 1 Month 0.7% 3 Month 1.8% 6 Month 3.8% 1 Year 5.8% 3 Year 4.1% 5 Year 4.8% 10 Year 15 Year Since launch 6.5% Historical performance (Yearly) on absolute basis
Year Returns 2022 4.1% 2021 3.5% 2020 3.8% 2019 6.2% 2018 6.3% 2017 5.5% 2016 6.3% 2015 7.4% 2014 8.5% 2013 9.2% Fund Manager information for IDFC Arbitrage Fund
Name Since Tenure Harshal Joshi 20 Oct 16 6.53 Yr. Nemish Sheth 26 Nov 21 1.42 Yr. Data below for IDFC Arbitrage Fund as on 30 Apr 23
Asset Allocation
Asset Class Value Cash 92.34% Debt 8% Equity Sector Allocation
Sector Value Financial Services 23.1% Health Care 8.89% Basic Materials 7.98% Consumer Cyclical 7.76% Industrials 5.99% Consumer Defensive 5.72% Technology 4.55% Real Estate 3.66% Communication Services 2.97% Utility 2.8% Energy 2.41% Debt Sector Allocation
Sector Value Cash Equivalent 88.78% Government 7.77% Corporate 3.09% Securitized 0.69% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity Bandhan Liquid Dir Gr
Investment Fund | -8% ₹230 Cr 840,836
↑ 72,890 182 DTB 11052023
Sovereign Bonds | -3% ₹100 Cr 10,000,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 22 | HDFCBANK3% ₹96 Cr 566,500
↑ 72,600 Hdfc Bank Limited May 2023 Future
Derivatives | -3% -₹95 Cr 566,500
↑ 566,500 Future on Sun Pharmaceuticals Industries Ltd
Derivatives | -3% -₹78 Cr 791,000
↑ 179,200 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 May 22 | SUNPHARMA3% ₹78 Cr 791,000
↑ 179,200 7.68% Govt Stock 2023
Sovereign Bonds | -3% ₹75 Cr 7,500,000 Future on Kotak Mahindra Bank Ltd
Derivatives | -2% -₹69 Cr 352,800
↓ -72,800 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Oct 21 | KOTAKBANK2% ₹68 Cr 352,800
↓ -72,800 Future on Grasim Industries Ltd
Derivatives | -2% -₹62 Cr 360,050
↑ 32,775 10. Aditya Birla Sun Life Arbitrage Fund
CAGR/Annualized return of 6.2% since its launch. Ranked 7 in Arbitrage category. Return for 2022 was 4.1% , 2021 was 3.8% and 2020 was 4.1% . Aditya Birla Sun Life Arbitrage Fund
Growth Launch Date 24 Jul 09 NAV (08 Jun 23) ₹22.9672 ↑ 0.02 (0.09 %) Net Assets (Cr) ₹3,651 on 30 Apr 23 Category Hybrid - Arbitrage AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆ Risk Moderate Expense Ratio 0.99 Sharpe Ratio -1.44 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 1,000 Exit Load 0-30 Days (0.5%),30 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 May 18 ₹10,000 31 May 19 ₹10,657 31 May 20 ₹11,316 31 May 21 ₹11,650 31 May 22 ₹12,068 31 May 23 ₹12,723 Returns for Aditya Birla Sun Life Arbitrage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Jun 23 Duration Returns 1 Month 0.7% 3 Month 1.8% 6 Month 3.7% 1 Year 5.7% 3 Year 4.2% 5 Year 4.9% 10 Year 15 Year Since launch 6.2% Historical performance (Yearly) on absolute basis
Year Returns 2022 4.1% 2021 3.8% 2020 4.1% 2019 6.2% 2018 6% 2017 5.6% 2016 6.5% 2015 7.6% 2014 8.3% 2013 9.5% Fund Manager information for Aditya Birla Sun Life Arbitrage Fund
Name Since Tenure Lovelish Solanki 15 Dec 14 8.38 Yr. Pranav Gupta 31 Mar 23 0.08 Yr. Data below for Aditya Birla Sun Life Arbitrage Fund as on 30 Apr 23
Asset Allocation
Asset Class Value Cash 99.28% Debt 1.08% Equity Sector Allocation
Sector Value Financial Services 23.67% Basic Materials 13.7% Energy 6.66% Industrials 6.36% Health Care 5.15% Consumer Defensive 4.11% Real Estate 3.3% Consumer Cyclical 3.17% Communication Services 2.44% Utility 2.27% Technology 1.44% Debt Sector Allocation
Sector Value Cash Equivalent 88.24% Government 6.67% Corporate 5.45% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity Aditya BSL Money Mgr Dir Gr
Investment Fund | -23% ₹834 Cr 26,209,499
↓ -1,000,000 Reliance_(25/05/2023)
Derivatives | -4% -₹149 Cr 612,000
↑ 612,000 Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 18 | RELIANCE4% ₹148 Cr 612,000
↓ -123,750 Future on IDFC Ltd
Derivatives | -4% -₹128 Cr 14,460,000
↑ 1,030,000 IDFC Ltd (Financial Services)
Equity, Since 31 Dec 21 | IDFC3% ₹127 Cr 14,460,000
↑ 1,030,000 Future on ICICI Bank Ltd
Derivatives | -3% -₹102 Cr 1,484,250
↑ 271,625 Future on Ambuja Cements Ltd
Derivatives | -3% -₹98 Cr 2,464,200
↑ 718,200 Ambuja Cements Ltd (Basic Materials)
Equity, Since 30 Jun 21 | AMBUJACEM3% ₹98 Cr 2,464,200
↑ 718,200 Future on DLF Ltd
Derivatives | -2% -₹78 Cr 1,834,800
↓ -650,100 DLF Ltd (Real Estate)
Equity, Since 31 May 17 | DLF2% ₹78 Cr 1,834,800
↓ -650,100
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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