IDFC Arbitrage Fund - Direct Plan - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : Arbitrage Fund

Fund House :

NAV

This number shows latest NAV (Net Asset Value) and change in the NAV from previous day. NAV is nothing but the unit price for the fund. You will be allocated number of units based on this price. NAV is declared once each day generally at the end of the day. Once you invest in mutual funds, your money is further invested in stocks and bonds by mutual fund managers. Mutual Fund NAV is the per unit latest value of all such stocks/bonds held in the portfolio

: ₹ 28.5429 0.04%
(as on 06th October, 2022)

Crisil Rank

Average performance among peers

Fund Size

: ₹ 4195.74 Cr

(4.13% of Investment in Category)

Expense Ratio

: 0.37%

(0.36% Category average)

Risk-O-Meter

Low

Arbitrage Fund :Arbitrage Fund : The fund has 68.27% investment in domestic equities of which 35.4% is in Large Cap stocks, 24.99% is in Mid Cap stocks, 4.33% in Small Cap stocks.The fund has 20.53% investment in Debt, of which 15.4% in Government securities, 5.13% is in Low Risk securities.

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This Scheme

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Nifty 50

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NA
0.49%

1.12%

2.09%

4%

4.1%

5.21%

5.73%

NA
Gold

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Returns Calculator
SIP Calculator
VIP (Value Avg)

Amount

₹

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Profit/Loss

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Annualised Returns

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Returns (NAV as on 06th October, 2022)

Period Invested for	₹10000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	29-Sep-22	10010.30	0.10%	-	0.10%	14/27
1 Month	06-Sep-22	10050.50	0.51%	-	0.49%	9/27
3 Month	06-Jul-22	10118.70	1.19%	-	1.12%	8/26
6 Month	06-Apr-22	10215.50	2.15%	-	2.09%	13/26
YTD	31-Dec-21	10330.80	3.31%	-	3.18%	11/26
1 Year	06-Oct-21	10418.50	4.18%	4.19%	4.00%	11/26
2 Year	06-Oct-20	10881.20	8.81%	4.31%	4.10%	12/26
3 Year	04-Oct-19	11401.90	14.02%	4.46%	4.33%	12/24
5 Year	06-Oct-17	13067.40	30.67%	5.49%	5.21%	9/18
Since Inception	17-Jan-13	18802.30	88.02%	6.71%	5.73%	5/26

Returns Calculator Detailed Returns Analysis

SIP Returns (NAV as on 06th October, 2022)

Period Invested for	₹1000 SIP Started on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	06-Oct-21	12000	12282.82	2.36 %	4.39 %
2 Year	06-Oct-20	24000	25087.85	4.53 %	4.32 %
3 Year	04-Oct-19	36000	38444.5	6.79 %	4.31 %
5 Year	06-Oct-17	60000	67880.17	13.13 %	4.88 %

SIP Calculator Detailed Returns Analysis

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.|If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Portfolio (Updated on 31st Aug,2022)

Portfolio Turnover Ratio : 1406.00% | Category average turnover ratio is 1549.11%

Fund manager updated portfolio less frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for longer duration than peers)

Equity Holding : 68.27% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 68.27%

No of Stocks : 162 (Category Avg - 107.65) | Large Cap Investments : 35.4%| Mid Cap Investments : 24.99% | Small Cap Investments : 4.33% | Other : 3.55%

Top 10 Stocks in Portfolio

How to read this table?

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
Adani Enterprises Ltd.	Trading	2339.9	5.58%	0.84%	5.58% (Aug 2022)	1.26% (Sep 2021)	7.33 L	-0.55 L
ICICI Bank Ltd.	Banks	1233.5	2.94%	2.71%	2.94% (Aug 2022)	0.02% (Nov 2021)	13.90 L	12.72 L
HDFC Bank Ltd.	Banks	1208.9	2.88%	-0.41%	3.29% (Jul 2022)	0% (Sep 2021)	8.13 L	-1.66 L
Adani Ports And Special Economic Zone Ltd.	Port	1053.7	2.51%	-0.35%	4.05% (Dec 2021)	2.51% (Aug 2022)	12.51 L	-3.45 L
Ambuja Cements Ltd.	Cement	823.9	1.96%	0.56%	1.96% (Aug 2022)	0.15% (Jan 2022)	20.03 L	4.09 L
Bajaj Finance Ltd.	Nbfc	787.3	1.88%	1.10%	2.54% (Jan 2022)	0.61% (Dec 2021)	1.08 L	61.38 k
Zee Entertainment Enterprises Ltd.	Tv broadcasting & software production	724.1	1.73%	0.63%	2.92% (Nov 2021)	0.72% (Apr 2022)	28.17 L	9.12 L
Tata Consultancy Services Ltd.	Computers - software	696.5	1.66%	-1.09%	2.84% (Oct 2021)	0.28% (Apr 2022)	2.17 L	-1.38 L
Reliance Industries Ltd.	Refineries/marketing	658.2	1.57%	-3.89%	5.46% (Jul 2022)	0% (Sep 2021)	2.50 L	-6.78 L
DLF Ltd.	Residential/commercial/sez project	628.7	1.50%	0.28%	1.5% (Aug 2022)	0.05% (Jan 2022)	16.12 L	2.64 L

- indicates change in weight in the portfolio. # indicates a new entry.

Detailed Portfolio Analysis

No of Debt Holding 28 (Category Avg - 7.08) | Modified Duration 0.00 Years (Category Avg - 0.30)| Yield to Maturity - -- (Category Avg - 5.79%)

Type of Holdings

Security Type	% Weight	Category Average
GOI	1.82%	2.33%
CD	1.68%	0.80%
T-Bills	13.58%	9.15%
CP	0.00%	0.76%
NCD & Bonds	2.72%	0.77%
PTC	0.73%	0.03%

Investment / Portfolio Grades

Security Type	% Weight	Category Average
Government Backed	15.40%	11.48%
Low Risk	5.13%	2.37%
Moderate Risk	0.00%	0.00%
High Risk	0.00%	0.00%
Very High Risk	0.00%	0.00%
Others	0.00%	0.00%

Detailed Portfolio Analysis

Name	Type of Instrument	Weight (%)
MF Units	MF Units	6.64%
TREPS	TREPS	4.91%
Margin	Margin	0.15%
Cash and Bank	Cash and Bank	0.03%
Net Receivables	Net Receivables	-0.53%

Detailed Portfolio Analysis

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 30th September, 2022)

Standard Deviation
Standard Deviation value gives an idea about how volatile fund returns has been in the past 3 years. Lower value indicates more predictable performance. So if you are comparing 2 funds (lets say Fund A and Fund B) in the same category. If Fund A and Fund B has given 9% returns in last 3 years, but Fund A standard deviation value is lower than Fund B. So you can say that there is a higher chance that Fund A will continue giving similar returns in future also whereas Fund B returns may vary.

High volatility

1.03vs0.99

Category Avg
Beta
Beta value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market. So if you are comparing 2 funds (lets say Fund A and Fund B) in the same category. If Fund A and Fund B has given 9% returns in last 3 years, but Fund A beta value is lower than Fund B. So you can say that there is a higher chance that Fund A will continue giving similar returns in future also whereas Fund B returns may vary.

High volatility

0.53vs0.4

Category Avg
Sharpe Ratio
Sharpe ratio indicates how much risk was taken to generate the returns. Higher the value means, fund has been able to give better returns for the amount of risk taken. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the standard deviation of returns. For example, if fund A and fund B both have 3-year returns of 15%, and fund A has a Sharpe ratio of 1.40 and fund B has a Sharpe ratio of 1.25, you can chooses fund A, as it has given higher risk-adjusted return.

Poor risk adjusted returns

-2vs-1.8

Category Avg
Treynor's Ratio
Treynor's ratio indicates how much excess return was generated for each unit of risk taken. Higher the value means, fund has been able to give better returns for the amount of risk taken. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the beta of returns. For example, if fund A and fund B both have 3-year returns of 15%, and fund A has a Treynor's ratio of 1.40 and fund B has a Treynor's ratio of 1.25, then you can chooses fund A, as it has given higher risk-adjusted return.

Poor risk adjusted returns

-0.04vs0.23

Category Avg
Jension's Alpha
Alpha indicates how fund generated additional returns compared to a benchmark. Let's say if a fund A benchmarks its returns with Nifty50 returns then alpha equal to 1.0 indicates the fund has beaten the nifty returns by 1%, so the higher the alpha, the better.

Better risk adjusted returns

-0.87vs-0.99

Category Avg

Alternative Funds (Category Peers)

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Invesco India Arbitrage Fund - Direct Plan - Growth	5	1529.93	0.56	1.36	2.65	5.01	4.87
Axis Arbitrage Fund - Direct Plan - Growth	NA	4395.44	0.48	1.13	2.20	4.69	4.78
Kotak Equity Arbitrage Fund - Direct Plan - Growth	4	23309.82	0.54	1.23	2.38	4.57	4.78
Edelweiss Arbitrage Fund - Direct Plan - Growth	5	5840.92	0.50	1.19	2.29	4.56	4.89
LIC MF Arbitrage Fund - Direct Plan - Growth	2	29.29	0.56	1.20	2.29	4.40	4.27
Nippon India Arbitrage Fund - Direct Plan - Growth	4	9331.49	0.49	1.17	2.20	4.40	4.75
SBI Arbitrage Opportunities Fund - Direct Plan - Growth	4	6965.23	0.55	1.21	2.31	4.28	4.33
ICICI Prudential Equity - Arbitrage Fund - Direct Plan - Growth	3	11506.91	0.50	1.23	2.21	4.24	4.59
Tata Arbitrage Fund - Direct Plan - Growth	4	7384.86	0.50	1.19	2.19	4.21	5.00
Aditya Birla Sun Life Arbitrage Fund - Direct Plan - Growth	3	5627.52	0.49	1.17	2.18	4.20	4.62

Detailed Comparison

More Funds from

Out of 40 mutual fund schemes offered by this AMC, 2 is/are ranked 5 * , 5 is/are ranked 4 * , 5 is/are ranked 3 * , 11 is/are ranked 2 * , and 17 schemes are not ranked. See more about AMC

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
IDFC Corporate Bond Fund - Direct Plan - Growth	2	16708.17	0.02	1.15	0.34	2.11	6.23
IDFC Banking & PSU Debt Fund - Direct Plan - Growth	4	15787.00	0.35	1.25	1.37	3.22	6.50
IDFC Cash Fund - Direct Plan - Growth	4	12366.67	0.46	1.33	2.37	4.18	3.99
IDFC Bond Fund - Short Term - Direct Plan - Growth	2	9965.19	-0.10	1.16	0.64	2.46	5.87
IDFC CRISIL Gilt 2027 Index Fund - Direct Plan - Growth	NA	6279.45	-0.30	1.05	-0.40	0.77	0.00
IDFC Low Duration Fund - Direct Plan - Growth	2	6098.54	0.25	1.22	1.68	3.57	5.09
IDFC Flexi Cap Fund - Direct Plan - Growth	2	5907.43	-0.35	13.56	0.16	2.13	15.61
IDFC Sterling Value Fund - Direct Plan - Growth	5	4906.38	0.45	13.22	1.51	8.16	28.17
IDFC Arbitrage Fund - Direct Plan - Growth	3	4195.74	0.43	1.20	2.18	4.29	4.45
IDFC Ultra Short Term Fund - Direct Plan - Growth	2	4094.65	0.38	1.26	2.01	3.95	4.64