HDFC Arbitrage Fund
The scheme seeks to generate income through arbitrage opportunities and debt & money market instruments.
Growthvine rating: 3/5 — ranked #17 of 38 in category.
Fund basics
| Category | Hybrid: Arbitrage |
|---|---|
| NAV | ₹32.92 (as of 2026-10-01) |
| AUM | ₹25,001 Cr |
| Expense ratio | 0.84% |
| Riskometer | Low |
| Fund manager | Anil Bamboli |
| Exit load | 0 |
Performance & risk
| 5-year annualised return | 6.12% |
|---|---|
| Sharpe ratio | 1.77 |
| Standard deviation | 0.52% |
| Max drawdown | −0.82% |
| Alpha | 0 |
| Beta | 0 |
Over 5 years, captured 28.7% of NIFTY Multi Asset - Equity : Arbitrage : REITs/InvITs (50:40:10) Index's upside and −24.4% of its downside.
Market cap allocation
Concentration
| Top 5 holdings | 0.0% |
|---|---|
| Top 10 holdings | 0.0% |
| Total holdings | 165 |
Top holdings
- Net Receivables/Payables (FnO) — 75.5%
- HDFC Money Market Fund - Direct Plan - Growth Option — 8.3%
- HDFC Bank Ltd. — 5.1%
- ICICI Bank Ltd. — 4.9%
- HDFC Liquid Fund - Direct Plan - Growth Option — 3.7%
- Reliance Industries Ltd — 3.5%
- Bharti Airtel Ltd. — 3.3%
- AXIS Bank Ltd. — 3.0%
- HDFC Ultra Short Term Fund - Direct Plan - Growth Option — 2.6%
- HDFC Ultra Short to Short Term Fund - Direct Plan - Growth Option — 2.4%
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|---|---|---|
| 2026 (partial) | 4.5% | Q1 (Top) | #8 of 35 |
| 2025 | 6.3% | Q2 | #13 of 31 |
| 2024 | 7.7% | Q1 (Top) | #4 of 27 |
| 2023 | 7.2% | Q1 (Top) | #4 of 25 |
| 2022 | 4.2% | Q2 | #7 of 21 |