Arbitrage FundHDFC Asset Management Company Limited

HDFC ARBITRAGE FUND -Direct Plan - Growth Option

Benchmark: Nifty 50 Arbitrage · Riskometer: Low

₹21.718

NAV (2026-08-31)

₹25,509.475 Cr

AUM

1.53%

EXPENSE RATIO (DIRECT)

2007-09-28

INCEPTION

CQuality · 58.6/100

?Safety · -/100

BCompound · 65.2/100

Punji Fund Health Score - percentile-within-category. See methodology.

CHART

Rolling CAGR by holding period - min, median, max

Each group is one holding-period length. Full range of outcomes across every overlapping window in the fund's history, not one trailing number.

Min rolling CAGRMedian rolling CAGRMax rolling CAGR

Category RankRisk MetricsHoldingsSimilar FundsPunji Analytics

Metric	Value	Percentile	Category median
3Y Rolling CAGR	6.3%	38.46^th	6.6%

Arbitrage funds target a small, steady spread rather than market returns, so beta and alpha against an equity index describe nothing useful.

CHART

Top sector holdings

Share of portfolio (% to NAV) in each of the top sectors.

Other 31.18%Banks 19.32%Finance 4.8%Petroleum Products 4.71%Ferrous Metals 4.34%Telecom - Services 3.4%Automobiles 2.96%Pharmaceuticals & Biotechnology 2.73%Power 2.72%Diversified FMCG 2.56%Cement & Cement Products 2.43%Electrical Equipment 2.06%Non - Ferrous Metals 1.42%Aerospace & Defense 1.41%Consumer Durables 1.22%Agricultural Food & other Products 1.03%Capital Markets 0.97%Insurance 0.88%Transport Services 0.84%Metals & Minerals Trading 0.76%Construction 0.62%Healthcare Services 0.6%Minerals & Mining 0.59%Realty 0.56%Retailing 0.56%IT - Software 0.56%Chemicals & Petrochemicals 0.55%Auto Components 0.5%Beverages 0.48%Industrial Products 0.47%Consumable Fuels 0.43%Financial Technology (Fintech) 0.38%Transport Infrastructure 0.32%Leisure Services 0.3%Gas 0.27%Fertilizers & Agrochemicals 0.26%Agricultural, Commercial & Construction Vehicles 0.24%Personal Products 0.24%Food Products 0.18%Industrial Manufacturing 0.09%Oil 0.06%Cigarettes & Tobacco Products %

TOP HOLDINGS

HDFC Money Market Fund - Direct Plan - Growth Option ()8.39%

HDFC Bank Ltd.£ (Banks)4.32%

ICICI Bank Ltd. (Banks)4.14%

Reliance Industries Ltd. (Petroleum Products)3.97%

HDFC Liquid Fund - Direct Plan - Growth Option ()3.78%

TREPS - Tri-party Repo ()3.37%

HDFC Ultra Short Term Fund - Direct Plan - Growth Option ()2.47%

JSW Steel Ltd. (Ferrous Metals)2.39%

HDFC Low Duration Fund - Direct Plan - Growth Option ()2.26%

Bharti Airtel Ltd. (Telecom - Services)2.22%

Arbitrage funds all target the same small, steady spread, so behaviour-based matching cannot separate them.