HDFC Arbitrage Fund
The scheme seeks to generate income through arbitrage opportunities and permitted debt instruments.
Growthvine rating: 3/5 — ranked #17 of 39 in category.
Fund basics
| Category | Hybrid: Arbitrage |
|---|---|
| NAV | ₹33.10 (as of 2026-10-23) |
| AUM | ₹25,509 Cr |
| Expense ratio | 0.80% |
| Riskometer | Low |
| Fund manager | Anil Bamboli |
| Exit load | 0.25% for redemption within 15 days |
Performance & risk
| 5-year annualised return | 6.12% |
|---|---|
| Sharpe ratio | 1.71 |
| 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 | 152 |
Top holdings
- Net Receivables/Payables (FnO) — 67.5%
- HDFC Money Market Fund - Direct Plan - Growth Option — 9.1%
- TREPS - Tri-party Repo — 6.5%
- ICICI Bank Ltd. — 5.0%
- HDFC Bank Ltd. — 5.0%
- Union Bank of India — 3.8%
- HDFC Liquid Fund - Direct Plan - Growth Option — 3.8%
- Reliance Industries Ltd — 3.4%
- Bharti Airtel Ltd. — 3.3%
- AXIS Bank Ltd. — 2.9%
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|---|---|---|
| 2026 (partial) | 5.0% | Q1 (Top) | #7 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 |