Dezerv

Fund Overview

Fund Size

Fund Size

₹521 Cr

Expense Ratio

Expense Ratio

0.28%

ISIN

ISIN

INF0QA701524

Minimum SIP

Minimum SIP

₹100

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

18 Sep 2023

About this fund

Bajaj Finserv Arbitrage Fund Direct Growth is a Arbitrage Fund mutual fund schemes offered by Bajaj Finserv Mutual Fund. This fund has been in existence for 8 months, having been launched on 18-Sep-23.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹10.52, Assets Under Management (AUM) of 521.36 Crores, and an expense ratio of 0.28%.
  • Bajaj Finserv Arbitrage Fund Direct Growth has given a CAGR return of 5.12% since inception.
  • The fund's asset allocation comprises around -0.27% in equities, 0.00% in debts, and 100.24% in cash & cash equivalents.
  • You can start investing in Bajaj Finserv Arbitrage Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹500.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

Since Inception

+5.12%

(Cat Avg.)

Portfolio Summaryas of 30th April 2024

Equity-1.41 Cr-0.27%
Others522.77 Cr100.27%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Net Receivables / (Payables)Cash399.06 Cr76.54%
Bajaj Finserv Liquid Dir GrMutual Fund - Open End114.06 Cr21.88%
HDFC Bank LtdEquity51.17 Cr9.81%
Hdfc Bank Limited May 2024 FutureEquity - Future-50.93 Cr9.77%
Future on Reliance Industries LtdEquity - Future-38.18 Cr7.32%
Reliance Industries LtdEquity37.92 Cr7.27%
Future on Multi Commodity Exchange of India LtdEquity - Future-24.47 Cr4.69%
Multi Commodity Exchange of India LtdEquity24.33 Cr4.67%
Future on Hindustan Unilever LtdEquity - Future-23.59 Cr4.52%
Hindustan Unilever LtdEquity23.42 Cr4.49%
Future on Kotak Mahindra Bank LtdEquity - Future-19.05 Cr3.65%
Kotak Mahindra Bank LtdEquity18.9 Cr3.63%
State Bank of IndiaEquity18.47 Cr3.54%
Future on State Bank of IndiaEquity - Future-18.41 Cr3.53%
Future on Dalmia Bharat LtdEquity - Future-17.91 Cr3.44%
Dalmia Bharat LtdEquity17.83 Cr3.42%
Future on Indian Energy Exchange LtdEquity - Future-14.73 Cr2.82%
Indian Energy Exchange LtdEquity14.65 Cr2.81%
Future on Tata Power Co LtdEquity - Future-12.8 Cr2.45%
Tata Power Co LtdEquity12.74 Cr2.44%
Future on Tata Communications LtdEquity - Future-11.85 Cr2.27%
Tata Communications LtdEquity11.76 Cr2.26%
Future on Tata Consultancy Services LtdEquity - Future-11.64 Cr2.23%
Tata Consultancy Services LtdEquity11.63 Cr2.23%
Future on Adani Ports & Special Economic Zone LtdEquity - Future-10.92 Cr2.09%
Adani Ports & Special Economic Zone LtdEquity10.86 Cr2.08%
Future on Larsen & Toubro LtdEquity - Future-10.74 Cr2.06%
Larsen & Toubro LtdEquity10.68 Cr2.05%
Clearing Corporation Of India LtdCash - Repurchase Agreement9.65 Cr1.85%
Future on Aurobindo Pharma LtdEquity - Future-8.3 Cr1.59%
Aurobindo Pharma LtdEquity8.25 Cr1.58%
Future on Vodafone Idea LtdEquity - Future-8.01 Cr1.54%
Vodafone Idea LtdEquity7.92 Cr1.52%
Future on Glenmark Pharmaceuticals LtdEquity - Future-6.78 Cr1.30%
Glenmark Pharmaceuticals LtdEquity6.74 Cr1.29%
Future on Steel Authority Of India LtdEquity - Future-6.22 Cr1.19%
Steel Authority Of India LtdEquity6.17 Cr1.18%
Future on Ambuja Cements LtdEquity - Future-5.99 Cr1.15%
Ambuja Cements LtdEquity5.97 Cr1.15%
Future on LIC Housing Finance LtdEquity - Future-5.83 Cr1.12%
LIC Housing Finance LtdEquity5.8 Cr1.11%
The Ramco Cements Limited May 2024 FutureEquity - Future-5.23 Cr1.00%
Ramco Cements LtdEquity5.2 Cr1.00%
Future on NTPC LtdEquity - Future-4.82 Cr0.92%
NTPC LtdEquity4.79 Cr0.92%
Future on Shriram Finance LtdEquity - Future-4.77 Cr0.92%
Shriram Finance LtdEquity4.75 Cr0.91%
Future on Punjab National BankEquity - Future-3.75 Cr0.72%
Punjab National BankEquity3.72 Cr0.71%
Future on Bank of BarodaEquity - Future-3.65 Cr0.70%
Bank of BarodaEquity3.62 Cr0.69%
Future on Bajaj Finance LtdEquity - Future-3.4 Cr0.65%
Bajaj Finance LtdEquity3.38 Cr0.65%
Future on SBI Life Insurance Company LimitedEquity - Future-3.15 Cr0.60%
SBI Life Insurance Company LimitedEquity3.12 Cr0.60%
Future on Piramal Enterprises LtdEquity - Future-2.72 Cr0.52%
Piramal Enterprises LtdEquity2.7 Cr0.52%
Future on Canara BankEquity - Future-2.54 Cr0.49%
Canara BankEquity2.52 Cr0.48%
Future on IndusInd Bank LtdEquity - Future-2.29 Cr0.44%
IndusInd Bank LtdEquity2.27 Cr0.44%
Future on Dabur India LtdEquity - Future-2.24 Cr0.43%
Dabur India LtdEquity2.22 Cr0.43%
Future on ITC LtdEquity - Future-1.81 Cr0.35%
ITC LtdEquity1.81 Cr0.35%
Future on Polycab India LtdEquity - Future-1.6 Cr0.31%
Polycab India LtdEquity1.59 Cr0.30%
HCL Technologies LtdEquity1.24 Cr0.24%
Future on HCL Technologies LtdEquity - Future-1.24 Cr0.24%
Future on JSW Steel LtdEquity - Future-0.9 Cr0.17%
JSW Steel LtdEquity0.89 Cr0.17%
Future on City Union Bank LtdEquity - Future-0.81 Cr0.16%
City Union Bank LtdEquity0.8 Cr0.15%
Future on Colgate-Palmolive (India) LtdEquity - Future-0.79 Cr0.15%
Colgate-Palmolive (India) LtdEquity0.79 Cr0.15%
Acc Limited May 2024 FutureEquity - Future-0.61 Cr0.12%
ACC LtdEquity0.61 Cr0.12%
Future on Bharti Airtel LtdEquity - Future-0.51 Cr0.10%
Bharti Airtel LtdEquity0.5 Cr0.10%
Future on ABB India LtdEquity - Future-0.49 Cr0.09%
ABB India LtdEquity0.49 Cr0.09%
Future on Hindalco Industries LtdEquity - Future-0.45 Cr0.09%
Hindalco Industries LtdEquity0.45 Cr0.09%
Future on DLF LtdEquity - Future-0.44 Cr0.09%
DLF LtdEquity0.44 Cr0.08%
Future on United Spirits LtdEquity - Future-0.41 Cr0.08%
United Spirits LtdEquity0.41 Cr0.08%
Future on Hindustan Aeronautics Ltd Ordinary SharesEquity - Future-0.24 Cr0.05%
Hindustan Aeronautics Ltd Ordinary SharesEquity0.24 Cr0.05%
Future on Bandhan Bank LtdEquity - Future-0.14 Cr0.03%
Bandhan Bank LtdEquity0.14 Cr0.03%
Future on Nestle India LtdEquity - Future-0.1 Cr0.02%
Nestle India LtdEquity0.1 Cr0.02%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services160.34 Cr30.76%
Energy37.92 Cr7.27%
Basic Materials37.13 Cr7.12%
Consumer Defensive28.76 Cr5.52%
Industrials23.85 Cr4.58%
Communication Services20.19 Cr3.87%
Utilities17.53 Cr3.36%
Healthcare14.99 Cr2.88%
Technology12.88 Cr2.47%
Real Estate0.44 Cr0.08%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

0.82%

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

-0.05

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

0.24

Higher the better

Fund Managers

Siddharth Chaudhary

Siddharth Chaudhary

Since September 2023

IS

Ilesh Savla

Since September 2023

Additional Scheme Detailsas of 30th April 2024

ISININF0QA701524Expense Ratio0.28%Exit LoadNo ChargesFund Size₹521 CrAge18 Sep 2023Lumpsum Minimum₹500Fund StatusOpen Ended Investment CompanyBenchmarkNIFTY 50 Arbitrage PR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal (irrespective of holding period)

Realised Gain (capital gains) are taxed at your marginal income tax rate

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Arbitrage Fund Funds

Fund nameExpense RatioExit LoadFund size
1Y
Sundaram Arbitrage Fund Regular Growth

Low Risk

0.9%0.0%₹105.78 Cr7.3%
Sundaram Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹105.78 Cr7.9%
Bank of India Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹28.97 Cr7.5%
Bank of India Arbitrage Fund Regular Growth

Low Risk

1.0%0.0%₹28.97 Cr6.8%
Mirae Asset Arbitrage Fund Direct Growth

Low Risk

0.2%0.0%₹1870.00 Cr8.5%
Mirae Asset Arbitrage Fund Regular Growth

Low Risk

1.1%0.0%₹1870.00 Cr7.7%
Tata Arbitrage Fund Regular Growth

Low Risk

1.1%0.0%₹11605.73 Cr7.5%
Tata Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹11605.73 Cr8.4%
Mahindra Manulife Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹70.51 Cr7.0%
Mahindra Manulife Arbitrage Fund Regular Growth

Low Risk

1.2%0.0%₹70.51 Cr6.2%

About the AMC

Total AUM

₹8,890 Cr

Address

8th floor, E-Core,Solitaire Business Hub (formerly Marvel Edge), Viman Nagar 411014

Other Funds by Bajaj Finserv Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Bajaj Finserv Balanced Advantage Fund Direct Growth

Very High Risk

0.5%1.0%₹1080.89 Cr-
Bajaj Finserv Banking and PSU Fund Direct Growth

Moderate Risk

0.3%0.0%₹110.71 Cr-
Bajaj Finserv Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹521.36 Cr-
Bajaj Finserv Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹180.29 Cr-
Bajaj Finserv Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹2400.68 Cr-
Bajaj Finserv Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹2116.70 Cr-
Bajaj Finserv Flexi Cap Fund Direct Growth

Very High Risk

0.1%1.0%₹2614.35 Cr-

Risk Level

Your principal amount will be at Low Risk

Low Risk
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The NAV of Bajaj Finserv Arbitrage Fund Direct Growth, as of 17-May-2024, is ₹10.52.
The fund's allocation of assets is distributed as -0.27% in equities, 0.00% in bonds, and 100.24% in cash and cash equivalents.
The fund managers responsible for Bajaj Finserv Arbitrage Fund Direct Growth are:-
  1. Siddharth Chaudhary
  2. Ilesh Savla