HDFC Arbitrage Fund Wholesale Direct-Growth

Q: What are the returns of HDFC Arbitrage Fund?

The HDFC Arbitrage Fund is a 11 yrs 3 m old fund and has delivered average annual returns of 6.43% since inception. HDFC Arbitrage Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 7.51% 7.47% 6.12% 6.23% 6.43%

NAV as of Jul 04, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹20.188+0.05% 1 day change	6.43% p.a.	#NA View Ranked Funds	₹20,685 Cr

Historical NAV & returns

NAV: ₹20.188 as on Jul 04, 2025

This fund Category average

HDFC Arbitrage Fund overview

Expense ratio	0.42% as on May 31, 2025
Exit load	0.25% Exit load of 0.25% if redeemed within 1 month!
AUM (Fund size)	₹20,685 Cr
Lock-in Period	Nil
Age	11 yrs 3 m since Mar 26, 2014
Benchmark	Nifty 50 Arbitrage
Min. investment	SIP: ₹300 & Lumpsum: ₹100000
Risk	Low
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

HDFC Arbitrage Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Asset allocationas on May 31, 2025

Large Cap -0.29707199999999995%

Mid Cap -0.054756%

Small Cap -0.008171999999999999%

Other Cap 5.115907697472721E-17%

Top holdings

ICICI Bank Ltd.5.77%

HDFC Bank Ltd.5.52%

Infosys Ltd.3.97%

Reliance Industries Ltd.3.61%

Top sectors

Financial 22.459999999999997%

Energy 9.23%

Technology 7.16%

Healthcare 5.12%

Cash 77.66629094%

A1+ 14.84119434%

AAA 3.74134809%

SOV 2.666463%

Top Debt Holdings

HDFC Bank Ltd. 2.08%

Punjab National Bank 1.76%

Reserve Bank of India 1.62%

Union Bank of India 0.75%

Allocation by Instruments

Bifurcation by Instrument is not available for this fund

Other Holdings

Others 0.18%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
HDFC Arbitrage Fund	N.A.	20,685 Cr	11 yrs 3 m	0.42%
Tata Arbitrage Fund	N.A.	14,982 Cr	6 yrs 7 m	0.31%
Invesco India Arbitrage Fund	N.A.	22,341 Cr	12 yrs 6 m	0.39%
Edelweiss Arbitrage Fund	N.A.	15,137 Cr	11 yrs	0.38%
Axis Arbitrage Fund	N.A.	5,746 Cr	10 yrs 11 m	0.33%
Aditya Birla Sun Life Arbitrage Fund	N.A.	14,236 Cr	12 yrs 6 m	0.31%

Fund name	1M	6M	1Y	3Y	5Y	10Y
HDFC Arbitrage Fund	0.58%	3.52%	7.51%	7.47%	6.12%	6.23%
Tata Arbitrage Fund	0.6%	3.7%	7.73%	7.64%	6.37%	4.23%
Invesco India Arbitrage Fund	0.61%	3.62%	7.65%	7.79%	6.44%	6.5%
Edelweiss Arbitrage Fund	0.63%	3.66%	7.68%	7.65%	6.37%	6.62%
Axis Arbitrage Fund	0.6%	3.64%	7.58%	7.44%	6.25%	6.52%
Aditya Birla Sun Life Arbitrage Fund	0.62%	3.74%	7.74%	7.58%	6.26%	6.43%

Fund name	Std. deviation	Beta	Sharpe	Sortino
HDFC Arbitrage Fund	0.53	0.46	1.63	1.69
Tata Arbitrage Fund	0.49	0.53	2.13	2.31
Invesco India Arbitrage Fund	0.47	0.34	2.46	2.72
Edelweiss Arbitrage Fund	0.54	0.49	1.93	2.02
Axis Arbitrage Fund	0.54	0.57	1.55	1.55
Aditya Birla Sun Life Arbitrage Fund	0.52	0.55	1.9	1.95

View all Arbitrage funds

Key risk & return ratios Compared to other funds in the category

Alpha	1.72 vs. 2.7 Underperformed at beating benchmark
Sharpe	1.63 vs. 2.44 Poor risk-adjusted returns
Beta	0.46 vs. 0.75 Less sensitive to market ups & downs
Standard deviation	0.53 vs. 0.4 More volatile performance

Compare HDFC Arbitrage Fund in detail with

About this fund

About HDFC Arbitrage Fund

HDFC Arbitrage Fund Wholesale Direct-Growth is a Arbitrage mutual fund scheme from Hdfc Mutual Fund. This fund has been in existence for 11 yrs 3 m, having been launched on 26/03/2014. HDFC Arbitrage Fund Wholesale Direct-Growth has ₹20,685 Crores worth of assets under management (AUM) as on 31/05/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of HDFC Arbitrage Fund Wholesale Direct-Growth as of 04/07/2025 is ₹20.19. The fund has an expense ratio of 0.42%, which is close to what most other Arbitrage funds charge. Currently, the fund has a -0.36% allocation to equity and 21.65% to Debt.

HDFC Arbitrage Fund Wholesale Direct-Growth returns of last 1-year are 7.50%. Since launch, it has delivered 6.44% average annual returns. The fund has doubled the money invested in it every 12 yrs.
HDFC Arbitrage Fund Wholesale Direct-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
The fund's equity portion is primarily invested in Financial, Energy, Technology, Healthcare, Automobile sectors. It has taken less exposure in Financial, Energy sectors compared to other funds in the category.
The debt portion of the fund has low credit quality indicating the quality of borrowers it has lent it to is not too great.
The fund's top 5 holdings are in ICICI Bank Ltd., HDFC Bank Ltd., Infosys Ltd., Bharti Airtel Ltd., Axis Bank Ltd..

...

Fund AUM	20,685 Cr as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Arun Agarwal

Mr. Agarwal is a B.Com. and Chartered Accountant Prior to joining HDFC Asset Management Company Limited, he has worked with SBI Funds Management Pvt. Ltd., ICICI Bank Limited, UTI Asset Management Pvt. Ltd.

Anil Bamboli

Mr. Bamboli is a CFA from Association for Investment Management and Research, U.S.A, Masters in Management Studies (Finance) and a Graduate in Cost and Works Accountant from ICWAI. Prior to joining HDFC AMC he has worked with SBI Fund Management for 11 years.

Nirman S. Morakhia

Mr. Morakhia has done BMS and MBA - Financial Markets Prior to joining HDFC Mutual Fund, he has worked with Mirae Asset Global Investment Management India Pvt. Ltd.

Investment objective

The scheme seeks to generate income through arbitrage opportunities and debt & money market instruments.

HDFC Mutual Fund details

No. of schemes	75 view all schemes
Total AUM	7,80,967 Cr as on Mar 31, 2025
Address	"HDFC House", 2nd Floor, H. T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate Mumbai, 400020
Email	shareholders.relations@hdfcfund.com
Phone	022 ? 66316333

More funds from HDFC Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
HDFC Balanced Advantage Fund	N.A.	1,00,299 Cr	5.15%	25.24%
HDFC Retirement Savings Fund - Hybrid Equity Plan	N.A.	1,657 Cr	5.71%	20.75%
HDFC Hybrid Equity Fund	N.A.	24,461 Cr	6.51%	19.83%
HDFC Multi Asset Fund	N.A.	4,375 Cr	9.48%	18.1%
HDFC Equity Savings Fund	N.A.	5,546 Cr	6.53%	13.89%
HDFC Multi-Asset Active FoF	N.A.	4,046 Cr	10.89%	N.A.

See all Hybrid funds from this AMC

Frequently asked questions

What is the current NAV of HDFC Arbitrage Fund?

The current Net Asset Value (NAV) of the HDFC Arbitrage Fund - Direct Growth plan is approximately ₹20.188 as of Jul 04, 2025.

What are the returns of this mutual fund scheme?

The HDFC Arbitrage Fund is a 11 yrs 3 m old fund and has delivered average annual returns of 6.43% since inception.

HDFC Arbitrage Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
7.51%	7.47%	6.12%	6.23%	6.43%

How much does this mutual fund charge as expense ratio?

The HDFC Arbitrage Fund - Direct Growth has an expense ratio of 0.42%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The HDFC Arbitrage Fund currently has assets under management (AUM) or fund size valued at approximately 20,685 Cr as of Mar 31, 2025.

What is risk level of HDFC Arbitrage Fund?

This is a Arbitrage fund comes with Low risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in HDFC Arbitrage Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for HDFC Arbitrage Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in HDFC Arbitrage Fund is complete.

How can I redeem my investments in HDFC Arbitrage Fund?

Redeeming your investments in HDFC Arbitrage Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in HDFC Arbitrage Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Arbitrage

#NA

Return Outperformance: This fund has generated highest return amongst Arbitrage funds in the last 5 Years.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 0.25% if redeemed within 1 month