Edelweiss Arbitrage Fund
An open ended scheme investing in arbitrage opportunities
Data as on 31st August, 2024
| Investment Objective : The investment objective of the Scheme is to generate 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. However, there is no assurance that the investment objective of the Scheme will be realized. |
|
| Inception Date | 27-Jun-14 |
| Benchmark | Nifty 50 Arbitrage PR Index |
| Fund Managers Details | Equity Portion: Debt Portion: |
| Minimum Investment Amount | Rs. 100/- per application & in multiples of Re. 1/- thereafter. |
| Additional investment amount | Rs. 100/- per application & in multiples of Re. 1/- thereafter |
| Exit Load |
|
| Total Expense Ratios~: | Regular Plan 1.09% Direct Plan 0.39% |
| Month End AUM |
Rs. 11,350.20 Crore
|
| Monthly Average AUM |
Rs. 12,162.82 Crore
|
| Regular Plan Growth Option |
18.3191
|
| Regular Plan IDCW Option |
13.4432
|
| Regular Plan Monthly IDCW Option |
14.9668
|
| Direct Plan Growth Option |
19.5473
|
| Direct Plan IDCW Option |
13.9743
|
| Direct Plan Monthly IDCW Option |
16.0584
|
| (as on August 30, 2024) |
(Quantity fully hedged against derivative)
|
Name of Instrument
|
Industry
|
% to Net Assets
|
| Equities | 74.16% | |
| HDFC Bank Ltd. | Financial Services | 6.92% |
| Adani Enterprises Ltd. | Metals & Mining | 2.25% |
| Vedanta Ltd. | Metals & Mining | 2.14% |
| Vodafone Idea Ltd. | Telecommunication | 2.12% |
| Reliance Industries Ltd. | Oil, Gas & Consumable Fuels | 1.99% |
| IndusInd Bank Ltd. | Financial Services | 1.73% |
| Bank of Baroda | Financial Services | 1.72% |
| Hindustan Aeronautics Ltd. | Capital Goods | 1.44% |
| REC Ltd. | Financial Services | 1.35% |
| ICICI Bank Ltd. | Financial Services | 1.27% |
| InterGlobe Aviation Ltd. | Services | 1.16% |
| Polycab India Ltd. | Capital Goods | 1.11% |
| Axis Bank Ltd. | Financial Services | 1.07% |
| Punjab National Bank | Financial Services | 1.07% |
| Oil & Natural Gas Corporation Ltd. | Oil, Gas & Consumable Fuels | 1.04% |
| Infosys Ltd. | Information Technology | 0.95% |
| ITC Ltd. | Fast Moving Consumer Goods | 0.95% |
| Bajaj Finance Ltd. | Financial Services | 0.93% |
| Coal India Ltd. | Oil, Gas & Consumable Fuels | 0.88% |
| Steel Authority of India Ltd. | Metals & Mining | 0.88% |
| Bharti Airtel Ltd. | Telecommunication | 0.87% |
| State Bank of India | Financial Services | 0.82% |
| Tata Motors Ltd. | Automobile & Auto Components | 0.81% |
| The Federal Bank Ltd. | Financial Services | 0.80% |
| GMR Airports Infrastructure Ltd. | Services | 0.80% |
| DLF Ltd. | Realty | 0.79% |
| Indus Towers Ltd. | Telecommunication | 0.78% |
| Hindalco Industries Ltd. | Metals & Mining | 0.78% |
| Power Finance Corporation Ltd. | Financial Services | 0.78% |
| NTPC Ltd. | Power | 0.77% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 0.74% |
| Dixon Technologies (India) Ltd. | Consumer Durables | 0.73% |
| Hindustan Petroleum Corporation Ltd. | Oil, Gas & Consumable Fuels | 0.71% |
| Titan Company Ltd. | Consumer Durables | 0.70% |
| Kotak Mahindra Bank Ltd. | Financial Services | 0.69% |
| Oberoi Realty Ltd. | Realty | 0.65% |
| Canara Bank | Financial Services | 0.65% |
| LIC Housing Finance Ltd. | Financial Services | 0.61% |
| Larsen & Toubro Ltd. | Construction | 0.61% |
| Oracle Financial Services Software Ltd. | Information Technology | 0.60% |
| Bharat Electronics Ltd. | Capital Goods | 0.59% |
| Indian Railway Catering &Tou. Corp. Ltd. | Consumer Services | 0.58% |
| IDFC Ltd. | Financial Services | 0.55% |
| Wipro Ltd. | Information Technology | 0.55% |
| RBL Bank Ltd. | Financial Services | 0.54% |
| Aditya Birla Fashion and Retail Ltd. | Consumer Services | 0.54% |
| Manappuram Finance Ltd. | Financial Services | 0.53% |
| Lupin Ltd. | Healthcare | 0.52% |
| TVS Motor Company Ltd. | Automobile & Auto Components | 0.50% |
| HDFC Life Insurance Company Ltd. | Financial Services | 0.50% |
| Bandhan Bank Ltd. | Financial Services | 0.49% |
| Coforge Ltd. | Information Technology | 0.47% |
| Shriram Finance Ltd. | Financial Services | 0.47% |
| Cummins India Ltd. | Capital Goods | 0.47% |
| Hero MotoCorp Ltd. | Automobile & Auto Components | 0.47% |
| Zydus Lifesciences Ltd. | Healthcare | 0.46% |
| Tata Consultancy Services Ltd. | Information Technology | 0.46% |
| Bharat Heavy Electricals Ltd. | Capital Goods | 0.45% |
| Atul Ltd. | Chemicals | 0.44% |
| NMDC Ltd. | Metals & Mining | 0.43% |
| Biocon Ltd. | Healthcare | 0.43% |
| Tata Power Company Ltd. | Power | 0.41% |
| Indian Energy Exchange Ltd. | Financial Services | 0.40% |
| Aurobindo Pharma Ltd. | Healthcare | 0.39% |
| Alkem Laboratories Ltd. | Healthcare | 0.39% |
| Persistent Systems Ltd. | Information Technology | 0.38% |
| Laurus Labs Ltd. | Healthcare | 0.38% |
| Tata Steel Ltd. | Metals & Mining | 0.37% |
| Indian Oil Corporation Ltd. | Oil, Gas & Consumable Fuels | 0.37% |
| Muthoot Finance Ltd. | Financial Services | 0.37% |
| Cholamandalam Investment & Fin Co Ltd. | Financial Services | 0.36% |
| HCL Technologies Ltd. | Information Technology | 0.33% |
| Britannia Industries Ltd. | Fast Moving Consumer Goods | 0.32% |
| Hindustan Copper Ltd. | Metals & Mining | 0.32% |
| Aditya Birla Capital Ltd. | Financial Services | 0.30% |
| Cipla Ltd. | Healthcare | 0.30% |
| Multi Commodity Exchange Of India Ltd. | Financial Services | 0.30% |
| MRF Ltd. | Automobile & Auto Components | 0.30% |
| Ambuja Cements Ltd. | Construction Materials | 0.29% |
| Trent Ltd. | Consumer Services | 0.28% |
| National Aluminium Company Ltd. | Metals & Mining | 0.28% |
| HDFC Asset Management Company Ltd. | Financial Services | 0.26% |
| United Spirits Ltd. | Fast Moving Consumer Goods | 0.25% |
| Bharat Petroleum Corporation Ltd. | Oil, Gas & Consumable Fuels | 0.25% |
| Tata Communications Ltd. | Telecommunication | 0.24% |
| Adani Ports & Special Economic Zone Ltd. | Services | 0.24% |
| Bharat Forge Ltd. | Automobile & Auto Components | 0.23% |
| Berger Paints (I) Ltd. | Consumer Durables | 0.23% |
| Asian Paints Ltd. | Consumer Durables | 0.23% |
| LTIMindtree Ltd. | Information Technology | 0.23% |
| Grasim Industries Ltd. | Construction Materials | 0.22% |
| Dr. Reddy's Laboratories Ltd. | Healthcare | 0.22% |
| Glenmark Pharmaceuticals Ltd. | Healthcare | 0.22% |
| UPL Ltd. | Chemicals | 0.21% |
| Maruti Suzuki India Ltd. | Automobile & Auto Components | 0.21% |
| Mahanagar Gas Ltd. | Oil, Gas & Consumable Fuels | 0.20% |
| Mphasis Ltd. | Information Technology | 0.20% |
| Container Corporation Of India Ltd. | Services | 0.20% |
| Nestle India Ltd. | Fast Moving Consumer Goods | 0.20% |
| The Ramco Cements Ltd. | Construction Materials | 0.19% |
| L&T Finance Ltd. | Financial Services | 0.19% |
| Escorts Kubota Ltd. | Capital Goods | 0.18% |
| Crompton Greaves Cons Electrical Ltd. | Consumer Durables | 0.18% |
| Jindal Steel & Power Ltd. | Metals & Mining | 0.16% |
| Shree Cement Ltd. | Construction Materials | 0.16% |
| Havells India Ltd. | Consumer Durables | 0.16% |
| Ultratech Cement Ltd. | Construction Materials | 0.16% |
| Chambal Fertilizers & Chemicals Ltd. | Chemicals | 0.16% |
| ABB India Ltd. | Capital Goods | 0.16% |
| Hindustan Unilever Ltd. | Fast Moving Consumer Goods | 0.16% |
| The Indian Hotels Company Ltd. | Consumer Services | 0.15% |
| Colgate Palmolive (India) Ltd. | Fast Moving Consumer Goods | 0.15% |
| Exide Industries Ltd. | Automobile & Auto Components | 0.14% |
| Tata Chemicals Ltd. | Chemicals | 0.14% |
| Mahindra & Mahindra Ltd. | Automobile & Auto Components | 0.13% |
| ICICI Lombard General Insurance Co. Ltd. | Financial Services | 0.12% |
| ACC Ltd. | Construction Materials | 0.12% |
| Bajaj Auto Ltd. | Automobile & Auto Components | 0.11% |
| Indraprastha Gas Ltd. | Oil, Gas & Consumable Fuels | 0.11% |
| Tech Mahindra Ltd. | Information Technology | 0.10% |
| Abbott India Ltd. | Healthcare | 0.10% |
| Pidilite Industries Ltd. | Chemicals | 0.10% |
| Navin Fluorine International Ltd. | Chemicals | 0.10% |
| Power Grid Corporation of India Ltd. | Power | 0.09% |
| JSW Steel Ltd. | Metals & Mining | 0.09% |
| SRF Ltd. | Chemicals | 0.08% |
| Gujarat Narmada Valley Fert & Chem Ltd. | Chemicals | 0.08% |
| Aarti Industries Ltd. | Chemicals | 0.08% |
| Siemens Ltd. | Capital Goods | 0.08% |
| ICICI Prudential Life Insurance Co Ltd. | Financial Services | 0.08% |
| P I INDUSTRIES LIMITED | Chemicals | 0.07% |
| Bajaj Finserv Ltd. | Financial Services | 0.06% |
| SBI Life Insurance Company Ltd. | Financial Services | 0.06% |
| IPCA Laboratories Ltd. | Healthcare | 0.06% |
| Birlasoft Ltd. | Information Technology | 0.06% |
| City Union Bank Ltd. | Financial Services | 0.05% |
| GAIL (India) Ltd. | Oil, Gas & Consumable Fuels | 0.05% |
| Max Financial Services Ltd. | Financial Services | 0.05% |
| Samvardhana Motherson International Ltd. | Automobile & Auto Components | 0.05% |
| Metropolis Healthcare Ltd. | Healthcare | 0.05% |
| Sun TV Network Ltd. | Media, Entertainment & Publication | 0.05% |
| United Breweries Ltd. | Fast Moving Consumer Goods | 0.05% |
| Balkrishna Industries Ltd. | Automobile & Auto Components | 0.05% |
| Voltas Ltd. | Consumer Durables | 0.04% |
| Info Edge (India) Ltd. | Consumer Services | 0.04% |
| Divi's Laboratories Ltd. | Healthcare | 0.04% |
| Jubilant Foodworks Ltd. | Consumer Services | 0.04% |
| Dalmia Bharat Ltd. | Construction Materials | 0.04% |
| Eicher Motors Ltd. | Automobile & Auto Components | 0.04% |
| PVR Inox Ltd. | Media, Entertainment & Publication | 0.03% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 0.03% |
| Godrej Properties Ltd. | Realty | 0.03% |
| Syngene International Ltd. | Healthcare | 0.02% |
| Dabur India Ltd. | Fast Moving Consumer Goods | 0.02% |
| Astral Ltd. | Capital Goods | 0.02% |
| Coromandel International Ltd. | Chemicals | 0.02% |
| Petronet LNG Ltd. | Oil, Gas & Consumable Fuels | 0.02% |
| Mahindra & Mahindra Financial Serv Ltd. | Financial Services | 0.01% |
| Gujarat Gas Ltd. | Oil, Gas & Consumable Fuels | 0.01% |
| Piramal Enterprises Ltd. | Financial Services | 0.01% |
| Debt | 24.06% | |
| Edelweiss Mutual Fund | Mutual Fund | 7.76% |
| Government of India | SOV | 5.44% |
| ICICI Securities Ltd. | Financial Services | 5.03% |
| National Bk for Agriculture & Rural Dev. | Financial Services | 2.39% |
| Canara Bank | Financial Services | 0.80% |
| Small Industries Development Bk of India | Financial Services | 0.79% |
| HDFC Bank Ltd. | Financial Services | 0.48% |
| Aditya Birla Finance Ltd. | Financial Services | 0.39% |
| Kotak Securities Ltd. | Financial Services | 0.39% |
| Bank of Baroda | Financial Services | 0.39% |
| Kotak Mahindra Bank Ltd. | Financial Services | 0.20% |
| Cash & Other Receivables | 1.78% | |
| TREPS_RED_02.09.2024 | 2.38% | |
| Cash & Cash Equivalent | -0.60% | |
| Grand Total | 100.00% |
|
Yield to
maturity (YTM)
#
|
7.13%
|
|
Modified
Duration
#
|
0.34
years
|
|
Average
Maturity
#
|
0.35 years
|
|
Macaulay
Duration #
|
0.31 years
|
|
Std.deviation
|
0.68%
|
|
Sharpe
Ratio**
|
-1.26
|
|
Beta
|
0.81
|
|
Information Ratio
|
-0.18
|
| # Yield to maturity (YTM), Modified Duration, Average Maturity and Macaulay Duration for Debt Portion. **Risk free rate of return (FIMMDA Overnight MIBOR) 6.80% ^ Lower of sales or purchase divided by average AUM for last rolling 12 months. Information ratio has been calculated using monthly returns over a period of 3 years. |
|
|
Period
|
Scheme - Regular Plan |
Benchmark (Nifty 50 Arbitrage PR Index$ ) |
Additional Benchmark (CRISIL 1 year T-bill Index) |
|||
|
Returns* |
Value of Rs. 10000 Invested |
Returns* |
Value of Rs. 10000 Invested |
Returns* |
Value of Rs. 10000 Invested |
|
|
1 Year |
7.60% |
10,760 |
7.66% |
10,766 |
7.50% |
10,750 |
|
3 Year |
5.94% |
11,891 |
6.01% |
11,913 |
5.67% |
11,801 |
|
5 Year |
5.34% |
12,974 |
5.03% |
12,782 |
5.54% |
13,099 |
|
Since Inception - Regular Plan |
6.12% |
18,319 |
5.63% |
17,469 |
6.45% |
18,900 |
Past performance may or may not be sustained in future and should not be used as a basis for
comparison with other investments. * CAGR Return.
Notes:
1. Different plans shall have different expense structure. The performance details provided herein are of Regular Plan of Edelweiss Aggressive Hybrid Fund. Returns are for Growth Option only. In case the start/end date is non business day, the NAV of previous day is used for computation.
2. The scheme is currently managed by Bhavesh Jain (managing this fund from June 27, 2014), Mr. Bhavin Patadia (managing this fund from March 01, 2023) , Ms. Pranavi Kulkarni (Managing this fund from July 01, 2024). & Mr. Rahul Dedhia (managing this fund from August 01, 2024). Please Click here for name of the other schemes
currently managed by the Fund Managers and relevant scheme for performance.
3. $ Nifty 50 Arbitrage TR Index is not available on NSE Website
This Product is suitable for investors who are seeking*:
- To generate income by predominantly investing in arbitrage opportunities.
- Investments predominantly in arbitrage opportunities in the cash and 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.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Investors understand that their principal will be at low risk
Benchmark Riskometer: Nifty 50 Arbitrage Index
Investors understand that their principal will be at low risk
Investors understand that their principal will be at low risk