IDFC Arbitrage Fund - Regular 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 : IDFC Mutual Fund

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

: ₹ 25.574 0.04%
(as on 07th May, 2021)

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Crisil Rank

Average performance among peers

Fund Size

: ₹ 6755.62 Cr

(8.28% of Investment in Category)

Expense Ratio

: 0.97%

(0.99% Category average)

Risk-O-Meter

Low

Arbitrage Fund :Arbitrage Fund : Fund has 66.72% investment in indian stocks of which 54.86% is in large cap stocks, 10.74% is in mid cap stocks, 0.62% in small cap stocks.Fund has 27.1% investment in Debt of which 23.09% in Government securities, 4.01% in funds invested in very low risk securities..

Crisil Rank Change : Fund Crisil rank was updated from 2 to 3 in the previous quarter.

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This Scheme

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Nifty 50

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NA
0.36%

0.93%

1.52%

2.83%

4.24%

5.28%

5.39%

NA
Gold

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Returns Calculator
SIP Calculator
VIP (Value Avg)

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Annualised Returns

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Returns (NAV as on 07th May, 2021)

Period Invested for	₹10000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	30-Apr-21	10002.10	0.02%	-	0.02%	13/26
1 Month	07-Apr-21	10035.10	0.35%	-	0.36%	18/27
3 Month	05-Feb-21	10097.30	0.97%	-	0.93%	15/27
6 Month	06-Nov-20	10165.00	1.65%	-	1.52%	13/27
YTD	01-Jan-21	10124.30	1.24%	-	1.10%	13/27
1 Year	07-May-20	10311.60	3.12%	3.12%	2.83%	16/25
2 Year	07-May-19	10899.30	8.99%	4.39%	4.24%	14/23
3 Year	07-May-18	11612.90	16.13%	5.11%	4.86%	10/18
5 Year	06-May-16	13030.70	30.31%	5.43%	5.28%	10/16
10 Year	06-May-11	19419.80	94.20%	6.85%	6.81%	4/10
Since Inception	21-Dec-06	25574.00	155.74%	6.74%	5.39%	6/27

Returns Calculator Detailed Returns Analysis

SIP Returns (NAV as on 07th May, 2021)

Period Invested for	₹1000 SIP Started on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	07-May-20	12000	12220.91	1.84 %	3.44 %
2 Year	07-May-19	24000	24943.72	3.93 %	3.76 %
3 Year	07-May-18	36000	38486.09	6.91 %	4.39 %
5 Year	06-May-16	60000	68043.19	13.41 %	4.98 %
10 Year	06-May-11	120000	163634.47	36.36 %	6.04 %

SIP Calculator Detailed Returns Analysis

Tax Treatment

Portfolio (Updated on 31st Mar,2021)

Portfolio Turnover Ratio : 1306.00% | Category average turnover ratio is 1012.49%

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

Equity Holding : 66.72% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 66.72%

No of Stocks : 128 (Category Avg - 88.04) | Large Cap Investments : 54.86%| Mid Cap Investments : 10.74% | Small Cap Investments : 0.62% | Other : 0.5%

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
ICICI Bank Ltd.	Banks	2879.8	4.26%	-1.72%	6.29% (Oct 2020)	1.69% (Apr 2020)	49.47 L	-0.20 Cr
Sun Pharmaceutical Industries Ltd.	Pharmaceuticals	2509.1	3.71%	0.23%	4.33% (Dec 2020)	1.28% (Jun 2020)	41.97 L	1.26 L
Bharti Airtel Ltd.	Telecom - services	2254	3.34%	0.63%	7.04% (Jul 2020)	2.71% (Feb 2021)	43.57 L	9.59 L
Adani Ports And Special Economic Zone Ltd.	Port	2107.2	3.12%	1.16%	3.12% (Mar 2021)	0.58% (Jul 2020)	30.00 L	9.78 L
Housing Development Finance Corporation Ltd.	Housing finance	1907.3	2.82%	-0.04%	6.07% (Apr 2020)	2.55% (Jan 2021)	7.64 L	-0.22 L
Larsen & Toubro Ltd.	Engineering, designing, construction	1856.9	2.75%	0.02%	2.75% (Mar 2021)	0.02% (Jun 2020)	13.09 L	-0.10 L
ITC Limited	Cigarettes	1845.9	2.73%	0.09%	2.73% (Mar 2021)	0% (Apr 2020)	84.48 L	-5.73 L
Asian Paints (india) Ltd.	Paints	1599.3	2.37%	0.10%	2.37% (Mar 2021)	0.01% (May 2020)	6.30 L	-0.64 L
Tata Steel Ltd.	Steel	1377.4	2.04%	0.33%	2.04% (Mar 2021)	0% (Apr 2020)	16.97 L	35.70 k
State Bank Of India	Banks	1369.4	2.03%	1.19%	2.03% (Mar 2021)	0.3% (Dec 2020)	37.59 L	22.53 L

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

Detailed Portfolio Analysis

No of Debt Holding 54 (Category Avg - 7.67) | Modified Duration 0.00 Years (Category Avg - 0.41)| Yield to Maturity - -- (Category Avg - 3.36%)

Type of Holdings

Security Type	% Weight	Category Average
GOI	0.00%	1.66%
CD	0.00%	0.09%
T-Bills	23.09%	4.13%
CP	0.00%	0.42%
NCD & Bonds	3.37%	1.00%
PTC	0.64%	0.02%

Investment / Portfolio Grades

Security Type	% Weight	Category Average
Government Backed	23.09%	5.79%
Low Risk	4.01%	1.54%
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 (%)
TREPS	TREPS	7.92%
Margin	Margin	0.47%
Cash and Bank	Cash and Bank	-0.37%
Net Receivables	Net Receivables	-1.84%

Detailed Portfolio Analysis

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 30th April, 2021)

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

1.12vs0.91

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

1.24vs0.62

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.

Better risk adjusted returns

1.42vs0.8

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.

Better risk adjusted returns

0.01vs-0.09

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.

Poor risk adjusted returns

-1.32vs-0.5

Category Avg

Alternative Funds (Category Peers)

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Tata Arbitrage Fund - Growth	5	4270.08	0.44	1.11	1.84	3.72	0.00
L&T Arbitrage Opportunities Fund - Growth	5	3494.07	0.37	1.08	1.78	3.65	5.38
UTI Arbitrage Fund - Growth	3	3842.80	0.43	1.11	1.79	3.54	5.32
Kotak Equity Arbitrage Fund - Growth	4	17835.16	0.41	1.09	1.85	3.51	5.33
Nippon India Arbitrage Fund - Growth	3	10211.20	0.42	1.07	1.74	3.39	5.34
Aditya Birla Sun Life Arbitrage Fund - Regular Plan - Growth	4	5552.42	0.43	1.14	1.85	3.35	5.24
Invesco India Arbitrage Fund - Growth	3	569.92	0.38	0.99	1.64	3.32	5.06
BNP Paribas Arbitrage Fund - Growth	NA	631.64	0.41	0.99	1.79	3.31	5.42
ICICI Prudential Equity - Arbitrage Fund - Growth	3	10455.72	0.45	1.08	1.75	3.30	5.23
Edelweiss Arbitrage Fund - Growth	4	3706.62	0.38	1.02	1.74	3.21	5.33

Detailed Comparison

More Funds from IDFC Mutual Fund

Out of 63 mutual fund schemes offered by this AMC, 5 is/are ranked 5 * , 7 is/are ranked 4 * , 6 is/are ranked 3 * , 9 is/are ranked 2 * , and 36 schemes are not ranked. See more about AMC

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
IDFC Corporate Bond Fund - Regular Plan - Growth	4	22942.72	0.84	2.05	2.11	9.03	8.52
IDFC Banking & PSU Debt Fund - Regular Plan - Growth	4	17763.88	0.59	1.76	1.97	8.11	9.57
IDFC Bond Fund - Short Term - Regular Plan - Growth	4	12981.43	0.63	1.64	1.77	7.50	8.40
IDFC Cash Fund - Regular Plan - Growth	4	8142.30	0.25	0.77	1.51	3.26	5.41
IDFC Low Duration Fund - Regular Plan - Growth	4	6881.15	0.41	1.27	1.87	5.68	7.14
IDFC Arbitrage Fund - Regular Plan - Growth	3	6755.62	0.35	0.97	1.65	3.12	5.11
IDFC Flexi Cap Fund - Regular Plan - Growth	2	5288.99	0.39	1.33	21.52	52.22	5.69
IDFC Ultra Short Term Fund - Regular Plan - Growth	5	5019.95	0.30	0.94	1.61	4.42	0.00
IDFC Bond Fund - Medium Term Plan - Regular Plan - Growth	5	4713.11	0.69	1.31	1.19	6.06	8.36
IDFC Dynamic Bond Fund - Regular Plan - Growth	5	3951.99	0.75	1.13	0.46	5.03	9.93