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

6.52%

Launch Date

Oct 23, 2007

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 (%)	0.05	0.28	1.22	3.01	7.05	7.04	5.64	5.62	6.52
Category Average (%)	0.07	0.29	1.23	2.92	5.64	5.46	4.24	NA	6.18
Rank within Category	170	109	87	84	84	60	55	35	40

* Returns over 1 year are CAGR

Peer Comparision

Scheme Name(Growth Regular)	NAV (Rs)	AUM (Rs Cr)	1W(%)	1M(%)	3M(%)	6M(%)	1Y(%)	3Y(%)	5Y(%)	10Y(%)	SI(%)	ER(%)
Kotak Arbitrage Fund	37.89	72,274	0.06	0.28	1.20	3.06	6.58	7.20	5.86	5.90	6.89	1.05
SBI Arbitrage Opportunities Fund	34.21	41,552	0.06	0.30	1.27	3.17	6.60	7.17	5.82	5.71	6.73	0.91
ICICI Prudential Equity - Arbitrage Fund	34.69	32,593	0.06	0.27	1.20	3.08	6.54	7.02	5.68	5.77	6.86	0.95
Invesco India Arbitrage Fund	32.27	25,150	0.06	0.27	1.26	3.05	6.50	7.14	5.82	5.78	6.57	1.06
Aditya Birla Sun Life Arbitrage Fund	26.86	23,581	0.07	0.28	1.21	3.12	6.52	6.97	5.62	5.70	6.30	1.03
HDFC Arbitrage Fund - Wholesale Plan	30.98	21,771	0.05	0.28	1.22	3.01	6.45	7.04	5.64	5.62	6.52	0.85
HDFC Arbitrage Fund	30.02	21,771	0.05	0.27	1.19	2.96	6.36	6.81	5.46	5.46	6.33	0.94
Tata Arbitrage Fund	14.53	18,596	0.07	0.30	1.25	3.12	6.51	6.95	5.61	NA	5.68	1.08
Edelweiss Arbitrage Fund	19.60	15,931	0.08	0.27	1.20	3.01	6.48	7.03	5.70	5.85	6.17	1.07
Nippon India Arbitrage Fund	26.83	15,506	0.06	0.27	1.17	2.91	6.25	6.85	5.57	5.77	6.83	1.07

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 ₹5,323 (+6.45%)

Fund Manager

Nandita Menezes

Arun Agarwal

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.

View More

Here is the list of funds managed by Nandita Menezes

Scheme Name(Growth Regular)	Category	NAV(Rs)	AUM(Rs Cr)	1Y(%)	5Y(%)
HDFC Arbitrage Fund - Wholesale Plan	Hybrid - Arbitrage	30.98	21,771	6.45	5.64
HDFC Arbitrage Fund	Hybrid - Arbitrage	30.02	21,771	6.36	5.46
HDFC Nifty 50 Index Fund	Others - Index Funds/ETFs	239.28	20,527	-1.44	18.60
HDFC BSE Sensex Index Fund	Others - Index Funds/ETFs	761.80	8,421	-2.03	17.74
HDFC Equity Savings Fund	Hybrid - Equity Savings	66.56	5,691	3.14	12.75
HDFC Gold ETF Fund of Fund	Others - Fund of Funds	33.53	4,915	48.67	15.70
HDFC Multi Asset Fund	Hybrid - Multi Asset Allocation	73.23	4,715	6.61	15.80
HDFC NIFTY Next 50 Index Fund	Others - Index Funds/ETFs	16.20	1,981	-7.35	NA
HDFC NIFTY50 Equal Weight Index Fund	Others - Index Funds/ETFs	17.90	1,526	-1.70	NA
HDFC Developed World Overseas Equity Passive FOF	Others - Fund of Funds	17.19	1,385	23.95	NA

View All

Sep 22, 2025

Top Performing Related Funds

Scheme Name(Growth Regular)	NAV (Rs)	AUM (Rs Cr)	1W(%)	1M(%)	3M(%)	6M(%)	1Y(%)	3Y(%)	5Y(%)	10Y(%)	SI(%)	ER(%)
HDFC Balanced Advantage Fund	522.26	1,01,080	0.14	1.34	0.94	7.01	2.02	18.79	24.49	15.24	17.13	1.33
HDFC Mid Cap Fund	196.29	83,105	-0.30	1.04	3.26	13.14	1.78	24.72	29.87	18.21	17.74	1.35
HDFC Flexi Cap Fund	2,042.07	81,936	0.23	2.19	3.66	11.37	4.69	22.84	29.52	16.58	18.89	1.37
HDFC Liquid Fund	5,189.25	61,399	0.09	0.46	1.41	3.25	6.82	6.97	5.58	6.11	6.82	0.29
HDFC Large Cap Fund	1,151.23	37,659	0.15	1.26	1.75	7.14	-4.31	16.65	22.18	13.65	17.74	1.60
HDFC Money Market Fund	5,807.41	36,376	0.11	0.46	1.51	3.96	7.78	7.47	6.04	6.71	7.04	0.41