CASPeR Ranking #38
HDFC Arbitrage Fund Wholesale Plan Growth Option Direct Plan
NAV (Mon Sep 16 2024)
₹19
Returns (Since Inception)
6.51%
Category Average
5.96%
Rating
NA
Allocation and Holdings
Asset class
Weightage
Unknown
31.85%
Financial Services
4.72%
Basic Materials
3.06%
Energy
2.95%
Industrials
2.82%
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Overall rating
Scheme Information
Fund name
HDFC Arbitrage Fund Wholesale Plan Growth Option Direct Plan
Minimum SIP
100
Risk Level
Low Risk
AUM
₹15819.35 Cr
ISIN
INF179KA1KT6
Inception Date
Mar 28 2014
Standard Deviation
0.698
Beta
-
Sharpe Ratio
0.924
Benchmark
NIFTY 50 Arbitrage TR INR
Expense Ratio
0.410%
Exit Load
In respect of each purchase / switch-in of units, an Exit Load of 0.25% is payable if Units are redeemed/ switched-out within 1 month from the date of allotment. No Exit Load is payable if Units are redeemed / switched-out after 1 month from the date of allotment
Risk
Low Risk
Investment Objective
To generate income through arbitrage opportunities and debt & money market instruments. There is no assurance that the investment objective of the Scheme will be realized.
Fund Managers
Arun Agarwal
Krishan Daga
Sankalp Baid
About the AMC
HDFC Asset Management Co Ltd
Phone Number
+91 22 66316333Email Address
cliser@hdfcfund.comCorporate Office Address
HDFC Asset Management Company Limited,“HUL House”, 2nd Floor,,H.T. Parekh Marg,165-166, Backbay Reclamation,,Churchgate,Overall AUM
₹15819.35 Cr
Website
www.hdfcfund.comPopular Alternative funds
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Expert designed mutual fund portfolios
Mutual Funds are a smart way to grow your money. They can help you achieve your financial goals as they have the potential to generate higher-than-inflation returns.
frequently asked questions
view all FAQsWhat is the current NAV of HDFC Arbitrage Fund Wholesale Plan Growth Option Direct Plan?
The NAV of HDFC Arbitrage Fund Wholesale Plan Growth Option Direct Plan is ₹19 as of Mon Sep 16 2024.
Net asset value, or NAV for short, is a mutual fund's cost per unit. Consider it the share price of a stock, but one that represents the total worth of all the investments made by the fund. This value affects how much you pay to invest or receive when redeeming units, and it changes every day based on changes in the market. Gaining insight into NAV enables you to evaluate a fund's performance and make wise investment choices.
Who is the fund manager of HDFC Arbitrage Fund Wholesale Plan Growth Option Direct Plan?
Arun Agarwal is the current fund manager of HDFC Arbitrage Fund Wholesale Plan Growth Option Direct Plan as on Tue Sep 17 2024. A fund manager's performance history, investment style and strategy, approach to risk management, tenure and experience, fees and charges, and alignment with investor goals all have an impact on the fund performance.
What is the expense ratio of HDFC Arbitrage Fund Wholesale Plan Growth Option Direct Plan?
The Expense Ratio of HDFC Arbitrage Fund Wholesale Plan Growth Option Direct Plan is 41.00% as of Tue Sep 17 2024 which means if you earn ₹50,000 worth returns on an investment in this fund then 41.00% of those returns will be retained by the AMC.
The annual fees you pay the mutual fund firm to manage your investments in that fund are known as the Expense Ratio. The Expense Ratio is deducted from the returns that the fund generates and expressed as a percentage of Assets Under Management (AUM).
Because a smaller portion of the gains will be retained, a fund with a lower expense ratio is always preferable because it will result in larger returns for you.
What is the minimum SIP amount of HDFC Arbitrage Fund Wholesale Plan Growth Option Direct Plan?
The minimum Systematic Investment Plan (SIP) amount required for HDFC Arbitrage Fund Wholesale Plan Growth Option Direct Plan is ₹100. A Systematic Investment Plan (SIP) is an investment approach in mutual funds where an investor selects a mutual fund scheme and invests a fixed amount at regular intervals. The SIP investment strategy involves investing a small amount consistently over time, as opposed to investing a large sum in a single instance. This method aims to potentially yield higher returns over the long term by leveraging the benefits of rupee cost averaging and compounding.
What is the minimum lump sum amount required to invest in HDFC Arbitrage Fund Wholesale Plan Growth Option Direct Plan?
To initiate a lump sum investment in HDFC Arbitrage Fund Wholesale Plan Growth Option Direct Plan, a minimum initial amount of ₹100 is necessary. This means that to participate in this investment option, investors must commit a starting sum of at least INR 5000. A lumpsum investment is a common approach to investing money in financial instruments such as mutual funds. This method involves investing a substantial sum of money in a financial instrument in a single transaction, as opposed to making multiple smaller payments over time.
What is risk category of the HDFC Arbitrage Fund Wholesale Plan Growth Option Direct Plan?
In accordance with SEBI regulations, mutual funds are required to disclose the risk associated with investing, categorized into five levels: (a) Low: Low risk to principal, (b) Moderately Low: Moderately low risk to principal, (c) Moderate: Moderate risk to principal, (d) Moderately High: Moderately high risk to principal, (e) High: High risk to principal. The risk category of HDFC Arbitrage Fund Wholesale Plan Growth Option Direct Plan is classified as Low Risk.
What is the category of HDFC Arbitrage Fund Wholesale Plan Growth Option Direct Plan?
The category of the HDFC Arbitrage Fund Wholesale Plan Growth Option Direct Plan is Alternative.