Investment Objective - To generate income through arbitrage opportunities between cash and derivative market and arbitrage opportunities within the derivative segment and by deployment of surplus cash in debt securities and money market instruments.

Fund House

HDFC Mutual Fund

Return Since Launch

6.41%

Launch Date

Mar 31, 2014

Type

Open Ended

Riskometer

Low

Ratio Analysis

Portfolio Turnover Ratio

1255.32 vs NA

Fund Vs Category Avg

Top Holdings

Name	Assets (%)	Sector	Instrument
HDFC Bank Ltd.	5.64	Banks	Equity
ICICI Bank Ltd.	5.20	Banks	Equity
Reliance Industries Ltd.	3.83	Petroleum	Equity
Bharti Airtel Ltd.	3.28	Telecommunications	Equity
Axis Bank Ltd.	3.13	Banks	Equity
Grasim Industries Ltd.	2.57	Cement	Equity
State Bank of India	2.34	Banks	Equity
Mahindra & Mahindra Ltd.	2.16	Automobiles	Equity
Larsen & Toubro Ltd.	1.89	Construction	Equity
Hindustan Unilever Ltd.	1.76	Personal Care	Equity

View All

Sep 22, 2025

Performance Analysis

	1W	1M	3M	6M	1Y	3Y	5Y	10Y	SI
Fund Returns (%)	0.06	0.32	1.36	3.29	7.62	7.60	6.20	6.17	6.41
Category Average (%)	0.07	0.29	1.23	2.92	5.64	5.46	4.24	NA	6.18
Rank within Category	148	56	29	36	30	29	26	15	45

* Returns over 1 year are CAGR

Peer Comparision

Scheme Name(Growth Direct)	NAV (Rs)	AUM (Rs Cr)	1W(%)	1M(%)	3M(%)	6M(%)	1Y(%)	3Y(%)	5Y(%)	10Y(%)	SI(%)	ER(%)
Kotak Arbitrage Fund	40.55	72,274	0.07	0.33	1.36	3.38	7.23	7.84	6.49	6.48	11.64	0.44
SBI Arbitrage Opportunities Fund	36.41	41,552	0.07	0.34	1.40	3.43	7.15	7.72	6.34	6.25	10.71	0.41
ICICI Prudential Equity - Arbitrage Fund	37.25	32,593	0.07	0.32	1.35	3.36	7.12	7.64	6.28	6.38	10.90	0.40
Invesco India Arbitrage Fund	34.95	25,150	0.07	0.33	1.44	3.40	7.22	7.86	6.53	6.45	10.33	0.39
Aditya Birla Sun Life Arbitrage Fund	29.00	23,581	0.09	0.34	1.40	3.49	7.30	7.72	6.35	6.39	8.72	0.31
HDFC Arbitrage Fund - Wholesale Plan	20.42	21,771	0.06	0.32	1.36	3.29	7.04	7.60	6.20	6.17	6.41	0.41
HDFC Arbitrage Fund	32.37	21,771	0.06	0.33	1.36	3.30	7.04	7.60	6.20	6.17	9.66	0.35
Tata Arbitrage Fund	15.31	18,596	0.08	0.36	1.46	3.52	7.34	7.80	6.44	NA	6.50	0.31
Edelweiss Arbitrage Fund	21.06	15,931	0.09	0.33	1.37	3.37	7.21	7.78	6.45	6.57	6.85	0.38
Nippon India Arbitrage Fund	29.03	15,506	0.07	0.33	1.35	3.27	6.99	7.63	6.33	6.49	8.74	0.38

View All

Sep 22, 2025

Return Calculator

₹ One-Time

Over the past

Invested

₹5000

Invested Amount
Estimated Return

Total investment of ₹5000

Would have become ₹5,352 (+7.04%)

Fund Manager

Nandita Menezes

Arun Agarwal

Anil Bamboli

Ms. Nandita Menezes holds CA (ICAI, INDIA), B.Com (University of Mumbai). Prior to joining HDFC AMC, she was associated with S.V. Ghatalia & Associates LLP.

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Here is the list of funds managed by Nandita Menezes

Scheme Name(Growth Direct)	Category	NAV(Rs)	AUM(Rs Cr)	1Y(%)	5Y(%)
HDFC Arbitrage Fund - Wholesale Plan	Hybrid - Arbitrage	20.42	21,771	7.04	6.20
HDFC Arbitrage Fund	Hybrid - Arbitrage	32.37	21,771	7.04	6.20
HDFC Nifty 50 Index Fund	Others - Index Funds/ETFs	244.67	20,527	-1.30	18.82
HDFC BSE Sensex Index Fund	Others - Index Funds/ETFs	780.47	8,421	-1.88	17.95
HDFC Equity Savings Fund	Hybrid - Equity Savings	74.64	5,691	4.15	13.77
HDFC Gold ETF Fund of Fund	Others - Fund of Funds	35.13	4,915	49.13	16.10
HDFC Multi Asset Fund	Hybrid - Multi Asset Allocation	81.88	4,715	7.81	17.27
HDFC NIFTY Next 50 Index Fund	Others - Index Funds/ETFs	16.48	1,981	-7.01	NA
HDFC NIFTY50 Equal weight Index Fund	Others - Index Funds/ETFs	18.28	1,526	-1.24	NA
HDFC Developed World Overseas Equity Passive FOF	Others - Fund of Funds	17.52	1,385	24.48	NA

View All

Sep 22, 2025

Top Performing Related Funds

Scheme Name(Growth Direct)	NAV (Rs)	AUM (Rs Cr)	1W(%)	1M(%)	3M(%)	6M(%)	1Y(%)	3Y(%)	5Y(%)	10Y(%)	SI(%)	ER(%)
HDFC Balanced Advantage Fund	565.05	1,01,080	0.15	1.39	1.09	7.33	2.63	19.54	25.26	16.00	37.28	0.72
HDFC Mid Cap Fund	216.41	83,105	-0.29	1.10	3.43	13.49	2.42	25.55	30.75	19.15	27.31	0.71
HDFC Flexi Cap Fund	2,235.20	81,936	0.24	2.25	3.83	11.74	5.38	23.65	30.36	17.41	52.94	0.70
HDFC Liquid Fund	5,246.65	61,399	0.10	0.47	1.44	3.30	6.91	7.06	5.68	6.21	13.91	0.20
HDFC Large Cap Fund	1,246.42	37,659	0.16	1.32	1.91	7.47	-3.73	17.35	22.90	14.37	46.08	0.99
HDFC Money Market Fund	5,924.97	36,376	0.12	0.47	1.56	4.06	7.98	7.66	6.22	6.91	15.00	0.23