HDFC ARBITRAGE FUND - Regular Plan -Growth Option
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Delivered positive returns in 100% of 3-year investment horizons.
- Over 19 years of operational history across different market cycles.
- Equities carry market risk; returns fluctuate and recommended investment horizon is 5+ years.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +0.72% | +0.72% | 0.00% |
| 3 Months | +1.55% | +1.49% | +0.06% |
| 6 Months | +3.17% | +3.04% | +0.13% |
| 1 Year | +6.29% | +6.13% | +0.16% |
| 3 Years CAGR | +6.74% | +6.54% | +0.20% |
| 5 Years CAGR | +6.22% | +6.08% | +0.14% |
| 7 Years CAGR | +5.51% | +5.49% | +0.02% |
| 10 Years CAGR | +5.59% | +5.69% | -0.10% |
| Since Inception | +6.50% | - | - |
📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay
See how a regular monthly SIP in HDFC ARBITRAGE FUND compares against a standard 7.0% p.a. Bank Fixed Deposit.
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +5.34% | +5.16% | +0.18% |
| 2025 | +6.34% | +6.23% | +0.11% |
| 2024 | +7.66% | +7.46% | +0.20% |
| 2023 | +7.23% | +7.05% | +0.18% |
| 2022 | +4.16% | +4.06% | +0.10% |
| 2021 | +3.60% | +3.55% | +0.05% |
| 2020 | +3.74% | +4.08% | -0.34% |
| 2019 | +5.96% | +6.07% | -0.11% |
| 2018 | +5.67% | +6.06% | -0.39% |
| 2017 | +5.34% | +5.58% | -0.24% |
| 2016 | +6.64% | +6.64% | 0.00% |
| 2015 | +7.60% | +7.60% | 0.00% |
| 2014 | +7.94% | +8.34% | -0.40% |
| 2013 | +8.30% | +9.15% | -0.85% |
| 2012 | +9.03% | +9.12% | -0.09% |
| 2011 | +7.70% | +7.70% | 0.00% |
| 2010 | +6.74% | +5.56% | +1.18% |
| 2009 | +4.67% | +4.59% | +0.08% |
| 2008 | +9.40% | +9.02% | +0.38% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | +2.75% | +6.45% | +6.50% | +9.65% | 100.0% | - |
| 3-Year Rolling | +3.63% | +6.45% | +6.59% | +8.62% | 100.0% | - |
| 5-Year Rolling | +4.52% | +6.38% | +6.33% | +8.39% | 100.0% | - |
Risk Profile & Deepest Drawdowns
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Under Normal Circumstances: Equity and Equity related instruments | 65%-90%; Derivatives including index futures, stock futures, index options and stock options, etc. : 65%-90%; Debt instruments^: 10%-35%; Under Defensive Circumstances: Equity and Equity related instruments: 0%- 65%; Derivatives including index futures, stock futures, index options and stock options, etc. : 0%-65%; Debt instruments^: 35%-100%; . ^CDs, government securities with maturities upto 1 year, Units of overnight, liquid, money market mutual funds or mutual fund schemes having Macaulay duration less than 1 year at the time of investment for meeting liquidity and margin requirements. For detailed asset allocation, refer Scheme Information Document (SID) available on the website. |
Investment Objective & Strategy
To generate income through arbitrage opportunities and permitted debt instruments.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 26,069 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as stretched relative to Arbitrage schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Arbitrage Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| Invesco India Arbitrage Fund | 6.2 | +6.77% | 2.82% | - | Rs 32,388 cr | Compare → |
| Edelweiss Arbitrage Fund | 6.5 | +6.67% | 2.20% | - | Rs 13,897 cr | Compare → |
| UTI Arbitrage Fund | 6.6 | +6.77% | 1.80% | - | Rs 11,067 cr | Compare → |
| Aditya BIRLA SUN LIFE ARBITRAGE FUND | 5.9 | +6.66% | 1.92% | - | Rs 27,972 cr | Compare → |
| Kotak Arbitrage Fund | 6.3 | +6.82% | 2.86% | - | Rs 76,564 cr | Compare → |
Frequently Asked Questions about HDFC ARBITRAGE FUND
What is the expense ratio of HDFC ARBITRAGE FUND?
HDFC ARBITRAGE FUND has a total expense ratio (TER) of 2.02% with a base expense ratio of 0.8%, compared to the Arbitrage category median of 2.12%.
Who manages HDFC ARBITRAGE FUND?
HDFC ARBITRAGE FUND is managed by Nandita Menezes (tenure: 1.6 years since 2025-03-29).
What are the historical returns of HDFC ARBITRAGE FUND?
HDFC ARBITRAGE FUND delivered a 3-year CAGR of 6.74% and a 5-year CAGR of 6.22%. Its 1-year return stands at +6.29%.
How large is HDFC ARBITRAGE FUND?
HDFC ARBITRAGE FUND manages assets of Rs 26,069 cr, placing it in the 'stretched' size band relative to Arbitrage peers.
How is HDFC ARBITRAGE FUND scored on MFIQ?
HDFC ARBITRAGE FUND holds an MFIQ Score of 6.3/10 (Average), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is HDFC ARBITRAGE FUND?
HDFC ARBITRAGE FUND has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 1.13% with a maximum historical drawdown of -0.74%.