HSBC Arbitrage Fund Regular-Growth

Q: What are the returns of HSBC Arbitrage Fund?

The HSBC Arbitrage Fund is a 11 yrs 2 m old fund and has delivered average annual returns of 5.98% since inception. HSBC Arbitrage Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 6.4% 6.81% 5.48% 5.72% 5.98%

NAV as of Sep 03, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹19.1578+0.02% 1 day change	5.98% p.a.	App exclusive #NA View Ranked Funds	₹2,245 Cr

Historical NAV & returns

NAV: ₹19.1578 as on Sep 03, 2025

This fund Category average

HSBC Arbitrage Fund overview

Expense ratio	0.93% as on Aug 31, 2025
Plan type	Regular
Exit load	0.25% Exit load of 0.25% if redeemed within 1 month!
AUM (Fund size)	₹2,245 Cr
Lock-in Period	Nil
Age	11 yrs 2 m since Jun 26, 2014
Benchmark	NIFTY 50 Arbitrage TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹5000
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%

HSBC 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%

Trailing returns as on Sep 04, 2025

Period	This fund	Category average
1 Month	0.43%	0.38%
3 Months	1.42%	1.39%
6 Months	3.1%	3.08%
1 Year	6.4%	6.4%
2 Years	6.96%	6.96%
3 Years	6.81%	6.8%
4 Years	5.88%	5.91%
5 Years	5.48%	5.45%
7 Years	5.57%	5.41%
10 Years	5.72%	5.7%

Asset allocationas on Mar 31, 2025

Large Cap -0.24%

Mid Cap -0.06%

Small Cap -0.04%

Other Cap 0%

Top holdings

State Bank of India7.3%

ICICI Bank Ltd.7.24%

HDFC Bank Ltd.5.32%

Axis Bank Ltd.3.95%

Top sectors

Financial 37.93999999999999%

Energy 5.83%

Consumer Staples 3.8800000000000003%

Healthcare 3.7299999999999995%

Cash 75.37553309%

A1+ 20.70905866%

SOV 3.972439%

AAA 2.348929%

Top Debt Holdings

National Bank For Agriculture & Rural Development 3.02%

LIC Housing Finance Ltd. 2.07%

Union Bank of India 1.89%

HDFC Bank Ltd. 1.7%

Allocation by Instruments

Bifurcation by Instrument is not available for this fund

Other Holdings

Others 68.41%

HSBC Money Market Fund Direct-Growth 10.69%

HSBC Ultra Short Duration Fund Direct - Growth 3.35%

HSBC Liquid Fund Direct-Growth 2.84%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
HSBC Arbitrage Fund	N.A.	2,245 Cr	11 yrs 2 m	0.93%
Tata Arbitrage Fund	N.A.	14,982 Cr	6 yrs 8 m	1.08%
Invesco India Arbitrage Fund	N.A.	25,150 Cr	18 yrs 4 m	1.06%
Edelweiss Arbitrage Fund	N.A.	15,137 Cr	11 yrs 2 m	1.07%
Axis Arbitrage Fund	N.A.	5,746 Cr	11 yrs 1 m	1.02%
Aditya Birla Sun Life Arbitrage Fund	N.A.	14,236 Cr	16 yrs 1 m	1.03%

Fund name	1M	6M	1Y	3Y	5Y	10Y
HSBC Arbitrage Fund	0.43%	3.1%	6.4%	6.81%	5.48%	5.72%
Tata Arbitrage Fund	0.39%	3.28%	6.64%	6.94%	5.61%	3.79%
Invesco India Arbitrage Fund	0.39%	3.19%	6.6%	7.16%	5.82%	5.8%
Edelweiss Arbitrage Fund	0.39%	3.17%	6.63%	7.02%	5.71%	5.87%
Axis Arbitrage Fund	0.38%	3.2%	6.55%	6.84%	5.59%	5.69%
Aditya Birla Sun Life Arbitrage Fund	0.38%	3.28%	6.66%	6.95%	5.62%	5.72%

Fund name	Std. deviation	Beta	Sharpe	Sortino
HSBC Arbitrage Fund	0.38	0.26	0.71	1.17
Tata Arbitrage Fund	0.38	0.34	1.07	1.74
Invesco India Arbitrage Fund	0.36	0.16	1.7	3.03
Edelweiss Arbitrage Fund	0.42	0.3	1.15	1.99
Axis Arbitrage Fund	0.41	0.35	0.79	1.18
Aditya Birla Sun Life Arbitrage Fund	0.4	0.36	1.03	1.63

View all Arbitrage funds

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

Alpha	0.75 vs. 1.99 Underperformed at beating benchmark
Sharpe	0.71 vs. 2.07 Poor risk-adjusted returns
Beta	0.26 vs. 0.58 Less sensitive to market ups & downs
Standard deviation	0.38 vs. 0.31 More volatile performance

Compare HSBC Arbitrage Fund in detail with

About this fund

About HSBC Arbitrage Fund

HSBC Arbitrage Fund Regular-Growth is a Arbitrage mutual fund scheme from Hsbc Mutual Fund. This fund has been in existence for 11 yrs 2 m, having been launched on 26/06/2014. HSBC Arbitrage Fund Regular-Growth has ₹2,245 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of HSBC Arbitrage Fund Regular-Growth as of 03/09/2025 is ₹19.16. The fund has an expense ratio of 0.93%, which is higher than what most other Arbitrage funds charge. Currently, the fund has a -0.33% allocation to equity and 27.09% to Debt.

HSBC Arbitrage Fund Regular-Growth returns of last 1-year are 6.44%. Since launch, it has delivered 5.98% average annual returns.
HSBC Arbitrage Fund Regular-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, Unclassified, Energy, Consumer Staples, Healthcare sectors. It has taken less exposure in Financial, Unclassified 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 HSBC Money Market Fund Direct-Growth, State Bank of India, ICICI Bank Ltd., Axis Bank Ltd., Reliance Industries Ltd..

...

Fund AUM	2,245 Cr as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Praveen Ayathan

Mr. Praveen is a B.Sc (Mathematics). Prior to joining HSBC Mutual Fund, he has worked with L&T MF, Kotak Mahindra AMC and Dalal & Broacha Stock Broking Pvt. Ltd.

Mahesh A Chhabria

Mr. Chhabria is a Commerce Graduate and has also pursued FCA and CFA. Prior to joining HSBC MF, he has worked with L&T AMC, Edelweiss Securities Ltd, Darivium Traditions Pvt. Ltd. and FIL Fund Management Pvt. Ltd.

Asif Rizwi

Mr. Rizwi has done B.Tech and PGDM from IIM-C Prior to joining HSBC MF, he has worked with L&T MF, Yes Bank, ICICI Bank, Nomura International plc and Deutsche Bank

Investment objective

The scheme seeks to generate reasonable returns by predominantly investing in arbitrage opportunities in the cash and derivatives segments of the equity markets and by investing balance in debt and money market instruments.

HSBC Mutual Fund details

No. of schemes	44 view all schemes
Total AUM	1,29,985 Cr as on Jun 30, 2025
Address	9-11th Floor, NESCO - IT Park Bldg. 3, Western Express Highway, Goregaon East, Mumbai, 400063

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Fund name	ETM Rank	AUM	1Y	5Y
HSBC Aggressive Hybrid Fund	N.A.	5,022 Cr	0.83%	16.05%
HSBC Equity Savings Fund	N.A.	624 Cr	5.59%	13.69%
HSBC Balanced Advantage Fund	N.A.	1,471 Cr	1.92%	10.18%
HSBC Conservative Hybrid Fund	N.A.	160 Cr	5.66%	9.11%

See all Hybrid funds from this AMC

Frequently asked questions

What is the current NAV of HSBC Arbitrage Fund?

The current Net Asset Value (NAV) of the HSBC Arbitrage Fund - Direct Growth plan is approximately ₹19.1578 as of Sep 03, 2025.

What are the returns of this mutual fund scheme?

The HSBC Arbitrage Fund is a 11 yrs 2 m old fund and has delivered average annual returns of 5.98% since inception.

HSBC Arbitrage Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
6.4%	6.81%	5.48%	5.72%	5.98%

How much does this mutual fund charge as expense ratio?

The HSBC Arbitrage Fund - Direct Growth has an expense ratio of 0.93%, 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 HSBC Arbitrage Fund currently has assets under management (AUM) or fund size valued at approximately 2,245 Cr as on Mar 31, 2025.

What is risk level of HSBC 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 HSBC Arbitrage Fund?

HSBC Arbitrage Fund Regular-Growth is the regular plan of the fund. For this plan of you pay 0.93% as annual charges. On the other hand if you go for the direct plan available on ET Money, you pay 0.28%. That's 0.65% less.

Regular plans charge more because when you buy them, the fund pays commission to the agent. This is an additional expense for the fund and to cover this expense, the fund takes a bigger share from the returns generated by your investments.

So, the lower annual cost of the direct plan means you will earn 0.65% if you opt for direct plan of HSBC Arbitrage Fund

How can I redeem my investments in HSBC Arbitrage Fund?

Redeeming your investments in HSBC 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 HSBC Arbitrage Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Arbitrage

#NA

Volatility Protection: This fund is one of the best in protecting against volatility in it's category.
Return Outperformance: This fund has generated highest return amongst Arbitrage funds in the last 10 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