Overview
Bandhan Arbitrage Fund Direct Growth
IDFC Mutual Fund
The scheme aims to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and the derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market instruments.
Investments in Bandhan Arbitrage Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 34.695
Fund Size (AUM)
₹7955.35 Cr
Risk
Low (Risk rating: 1/10)
Minimum Investment
Lumpsum: ₹ 100
SIP: ₹100
Launch Date
31-Dec-2012
Expense Ratio
0.35%
Exit Load
Exit load of 0.25% if redeemed within 15 days.
Benchmark
NIFTY 50 Arbitrage Total Return Index
Standard Deviation
0.55
History
Performance & Ratios
1-Year SIP Return
8.37%
3-Year SIP Return
8.08%
5-Year SIP Return
7.09%
Mean Return
6.33%
Alpha
2.46
Beta
0.73
Sharpe Ratio
1.69
Sortino Ratio
1.93
Information Ratio
6.2
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 7.92% | 7.43% | 6.1% | 7.17% |
| Category Average | 6.91% | 6.5% | 5.26% | N/A |
| Rank Within Category | 1 | 6 | 9 | N/A |
Holdings (374)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| Bandhan Money Manager Fund Direct-Growth | None | Mutual Fund | 12.47% |
| Bandhan Low Duration Fund Direct-Growth | None | Mutual Fund | 8.0% |
| Reliance Industries Ltd. | Energy | Equity | 4.36% |
| Bandhan Bond Fund Short Term Plan Direct-Growth | None | Mutual Fund | 2.9% |
| HDFC Bank Ltd. | Financial | Equity | 2.9% |
| Tata Consultancy Services Ltd. | Technology | Equity | 2.03% |
| Power Finance Corporation Ltd. | Financial | Equity | 1.39% |
| ICICI Bank Ltd. | Financial | Equity | 1.38% |
| Grasim Industries Ltd. | Construction | Equity | 1.23% |
| Infosys Ltd. | Technology | Equity | 1.22% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| Invesco India Arbitrage Fund Direct Growth | 19675.15 | 7.88 | 7.69 | 0.39 | N/A |
| Kotak Equity Arbitrage Fund Direct Growth | 60373.17 | 7.9 | 7.59 | 0.44 | N/A |
| Tata Arbitrage Fund Direct Growth | 12789.92 | 7.88 | 7.47 | 0.3 | N/A |
| Aditya Birla Sun Life Arbitrage Fund Direct Growth | 14236.09 | 7.87 | 7.41 | 0.31 | N/A |
| Nippon India Arbitrage Fund Direct Growth | 13733.37 | 7.66 | 7.36 | 0.35 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 100
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28
Min Amount: ₹ 100
Min Installments: 6
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 200
Min Installments: 6
AMC Details
Asset Management Company
Bandhan Mutual Fund
IDFC Mutual Fund started their mutual fund on 13/03/2000 and its managing total assets of ₹66,620 Cr. Its ranked at 11 as per total assets at end of 30th Sep 2017. Bandhan Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
IDFC Mutual Fund works under the name IDFC Asset Management Company. The main objective of this mutual fund company is to grow the AUM of the company by offering adequate products for retail, as well as industrial customers.
IDFC is a relatively new fund house, but nevertheless, has won many accolades for its performance, from various agencies.
IDFC mutual fund offers a bunch of mutual fund schemes that have performed relatively well in the market and therefore, this fund house has carved a niche for itself.
It provides funds ranging from equity to debt to hybrid.
This AMC focuses on infrastructure as its key area and its main businesses in Project Finance, Principal Investments, Financial Markets and Investment Banking, Broking, Advisory Services and Asset Management.
IDFC effectively started off its business in 2000 and has since then been catering to investor needs by periodically improving its fund stature, holdings and policies.
Launch Date
1999-12-20T00:00:00.807Z
Total AUM
₹ 162760.69 Cr
Address
One World Centre, 6th Floor, Tower 1C,Senapati Bapat Marg, Prabhadevi Mumbai 400013
Phone
None
Website
Sub Type
Contra
Sub Type Info
Contra funds follow Contrarian strategy which means investing in stocks in contrast to the prevailing sentiment. Minimum investment in equity is 65%.
Tax Impact
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
Compare with Another Fund
Bandhan Arbitrage Fund Direct Growth
IDFC Mutual Fund
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Frequently Asked Questions
How is the overall rating calculated?
The overall rating for Bandhan Arbitrage Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of Bandhan Arbitrage Fund Direct Growth?
The top stocks held by Bandhan Arbitrage Fund Direct Growth include Bandhan Money Manager Fund Direct-Growth, Bandhan Low Duration Fund Direct-Growth, Reliance Industries Ltd..
Which industries does Bandhan Arbitrage Fund Direct Growth invest in?
Bandhan Arbitrage Fund Direct Growth primarily invests in the following industries: None, Energy, Financial.
Who is the fund manager of Bandhan Arbitrage Fund Direct Growth?
The fund manager of Bandhan Arbitrage Fund Direct Growth is Abhishek Jain.
How many years has the fund manager been managing Bandhan Arbitrage Fund Direct Growth?
Abhishek Jain: Calculating...
What is the minimum investment for Bandhan Arbitrage Fund Direct Growth?
The minimum investment for Bandhan Arbitrage Fund Direct Growth is ₹100 for lumpsum investments and ₹100 for SIPs.
What are the average 1-year returns for Bandhan Arbitrage Fund Direct Growth?
Calculating...
What are the average 3-year returns for Bandhan Arbitrage Fund Direct Growth?
Calculating...
What is the expense ratio of Bandhan Arbitrage Fund Direct Growth, and how does it compare to its category?
The expense ratio of Bandhan Arbitrage Fund Direct Growth is 0.35%. The average expense ratio for similar funds in the Hybrid is Calculating....