HDFC Arbitrage Fund Wholesale Direct Growth

Hybrid
Arbitrage
Low Risk
+7.70%
3Y annualised
+0.06% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 21 Nov 2025
₹20.67
Rating
3
Min. SIP amount
₹100
Fund size
₹23,009.16Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Holdings (350)

NameSectorInstrumentAssets
HDFC Money Market Fund Direct-Growth
NAMutual Fund10.45%
FinancialEquity5.58%
FinancialEquity5.36%
HDFC Liquid Fund - Direct Plan
NAMutual Fund5.02%
EnergyEquity4.55%
FinancialEquity3.07%
FinancialEquity3.06%
CommunicationEquity2.65%
ConstructionEquity2.56%
ConstructionEquity2.52%
ServicesEquity2.42%
AutomobileEquity2.39%
HDFC Low Duration Fund Direct-Growth
NAMutual Fund1.92%
Metals & MiningEquity1.73%
Capital GoodsEquity1.64%
Consumer StaplesEquity1.63%
FinancialEquity1.48%
Bank Of Baroda
FinancialCD1.29%
HDFC Ultra Short Term Fund Direct - Growth
NAMutual Fund1.27%
TechnologyEquity1.26%
Consumer DiscretionaryEquity1.25%
ConstructionEquity1.22%
Capital GoodsEquity1.08%
Capital GoodsEquity1.02%
Metals & MiningEquity1.01%
Capital GoodsEquity0.90%
HealthcareEquity0.84%
Consumer StaplesEquity0.82%
ServicesEquity0.80%
FinancialEquity0.77%
FinancialEquity0.72%
ServicesEquity0.66%
EnergyEquity0.65%
CommunicationEquity0.64%
Metals & MiningEquity0.61%
ServicesEquity0.61%
FinancialEquity0.56%
Metals & MiningEquity0.56%
FinancialEquity0.55%
ConstructionEquity0.52%
ServicesEquity0.52%
FinancialEquity0.51%
FinancialEquity0.51%
Consumer StaplesEquity0.51%
EnergyEquity0.50%
ConstructionEquity0.50%
CommunicationEquity0.48%
FinancialBonds0.48%
Consumer StaplesEquity0.47%
Consumer StaplesEquity0.43%
Metals & MiningEquity0.42%
ServicesEquity0.41%
HealthcareEquity0.40%
EnergyEquity0.38%
ServicesEquity0.38%
FinancialEquity0.36%
ConstructionEquity0.36%
HealthcareEquity0.36%
Consumer StaplesEquity0.36%
AutomobileEquity0.35%
FinancialEquity0.33%
FinancialEquity0.33%
FinancialDebenture0.33%
FinancialEquity0.33%
HealthcareEquity0.32%
FinancialEquity0.32%
FinancialEquity0.31%
ChemicalsEquity0.29%
ConstructionEquity0.28%
AutomobileEquity0.27%
AutomobileEquity0.27%
HealthcareEquity0.26%
HealthcareEquity0.26%
FinancialEquity0.24%
Metals & MiningEquity0.24%
FinancialEquity0.23%
Capital GoodsEquity0.23%
Metals & MiningEquity0.23%
Consumer StaplesEquity0.23%
ServicesEquity0.22%
Bharti Telecom Ltd.
CommunicationDebenture0.22%
Canara Bank
FinancialCD0.21%
Canara Bank
FinancialCD0.21%
Canara Bank
FinancialCD0.21%
FinancialEquity0.20%
Metals & MiningEquity0.19%
Consumer StaplesEquity0.19%
HealthcareEquity0.17%
Capital GoodsEquity0.17%
ChemicalsEquity0.17%
FinancialEquity0.17%
Consumer DiscretionaryEquity0.17%
FinancialEquity0.16%
TechnologyEquity0.16%
CommunicationEquity0.15%
ConstructionEquity0.14%
HealthcareEquity0.14%
EnergyEquity0.14%
HealthcareEquity0.14%
Metals & MiningEquity0.14%
Metals & MiningEquity0.14%
Capital GoodsEquity0.13%
ChemicalsEquity0.13%
EnergyEquity0.13%
AutomobileEquity0.13%
ChemicalsEquity0.13%
AutomobileEquity0.13%
HealthcareEquity0.13%
FinancialEquity0.12%
ServicesEquity0.12%
FinancialEquity0.11%
Bharti Telecom Ltd.
CommunicationDebenture0.11%
FinancialDebenture0.11%
Capital GoodsEquity0.11%
Canara Bank
FinancialCD0.11%
InsuranceEquity0.11%
EnergyEquity0.10%
ServicesEquity0.10%
EnergyEquity0.09%
Capital GoodsEquity0.09%
Consumer StaplesEquity0.09%
InsuranceEquity0.09%
TechnologyEquity0.08%
FinancialEquity0.08%
Capital GoodsEquity0.08%
HealthcareEquity0.08%
FinancialEquity0.08%
FinancialEquity0.07%
ServicesEquity0.07%
AutomobileEquity0.07%
EnergyEquity0.07%
InsuranceEquity0.07%
ServicesEquity0.06%
HealthcareEquity0.05%
TechnologyEquity0.05%
TechnologyEquity0.05%
EnergyEquity0.05%
ServicesEquity0.04%
Consumer StaplesEquity0.04%
ConstructionEquity0.03%
HealthcareEquity0.03%
ServicesEquity0.03%
ConstructionEquity0.03%
Capital GoodsEquity0.03%
EnergyEquity0.03%
Capital GoodsEquity0.02%
EnergyEquity0.02%
ConstructionEquity0.02%
Capital GoodsEquity0.02%
TechnologyEquity0.02%
InsuranceEquity0.02%
FinancialEquity0.02%
ServicesEquity0.02%
HealthcareEquity0.01%
InsuranceEquity0.01%
FinancialEquity0.01%
EnergyEquity0.01%
FinancialEquity0.01%
TechnologyEquity0.01%
ServicesEquity0.01%
AutomobileEquity0.01%
FinancialEquity0.01%
ConstructionEquity0.01%
FinancialEquity0.01%
ConstructionEquity0.01%
FinancialEquity0.01%
HealthcareEquity0.01%
Capital GoodsEquity0.01%
Capital GoodsEquity0.01%
FinancialEquity0.00%
HealthcareEquity0.00%
Capital GoodsEquity0.00%
AutomobileEquity0.00%
Capital GoodsEquity0.00%
ChemicalsEquity0.00%
Capital GoodsEquity0.00%
ServicesEquity0.00%
Consumer StaplesEquity0.00%
Consumer StaplesEquity0.00%
ChemicalsEquity0.00%
AutomobileEquity0.00%
ChemicalsEquity0.00%
Asian Paints Ltd.
ChemicalsFutures-0.00%
UNO Minda Ltd.
AutomobileFutures-0.00%
PI Industries Ltd.
ChemicalsFutures-0.00%
Colgate-Palmolive (India) Ltd.
Consumer StaplesFutures-0.00%
Dabur India Ltd.
Consumer StaplesFutures-0.00%
Indian Railway Catering & Tourism Corporation Ltd.
ServicesFutures-0.00%
CG Power and Industrial Solutions Ltd.
Capital GoodsFutures-0.00%
Supreme Industries Ltd.
ChemicalsFutures-0.00%
Havells India Ltd.
Capital GoodsFutures-0.00%
Hero Motocorp Ltd.
AutomobileFutures-0.00%
Cummins India Ltd.
Capital GoodsFutures-0.00%
Piramal Pharma Ltd.
HealthcareFutures-0.00%
Muthoot Finance Ltd.
FinancialFutures-0.00%
ABB India Ltd.
Capital GoodsFutures-0.01%
Siemens Ltd.
Capital GoodsFutures-0.01%
Zydus Lifesciences Ltd.
HealthcareFutures-0.01%
Power Finance Corporation Ltd.
FinancialFutures-0.01%
The Phoenix Mills Ltd.
ConstructionFutures-0.01%
Central Depository Services (India) Ltd.
FinancialFutures-0.01%
Prestige Estates Projects Ltd.
ConstructionFutures-0.01%
Indian Renewable Energy Development Agency Ltd.
FinancialFutures-0.01%
Tube Investments Of India Ltd.
AutomobileFutures-0.01%
Interglobe Aviation Ltd.
ServicesFutures-0.01%
Persistent Systems Ltd.
TechnologyFutures-0.01%
Indian Railway Finance Corporation Ltd.
FinancialFutures-0.01%
Coal India Ltd.
EnergyFutures-0.01%
Indusind Bank Ltd.
FinancialFutures-0.01%
HDFC Life Insurance Co Ltd.
InsuranceFutures-0.01%
Torrent Pharmaceuticals Ltd.
HealthcareFutures-0.01%
Container Corporation Of India Ltd.
ServicesFutures-0.02%
Housing & Urban Development Corporation Ltd.
FinancialFutures-0.02%
ICICI Lombard General Insurance Company Ltd.
InsuranceFutures-0.02%
Mphasis Ltd.
TechnologyFutures-0.02%
Polycab India Ltd.
Capital GoodsFutures-0.02%
NCC Ltd.
ConstructionFutures-0.02%
Torrent Power Ltd.
EnergyFutures-0.02%
Mazagon Dock Shipbuilders Ltd.
Capital GoodsFutures-0.02%
NHPC Ltd.
EnergyFutures-0.03%
PG Electroplast Ltd.
Capital GoodsFutures-0.03%
Dalmia Bharat Ltd.
ConstructionFutures-0.03%
Jubilant FoodWorks Ltd.
ServicesFutures-0.03%
Fortis Healthcare Ltd.
HealthcareFutures-0.03%
NBCC (India) Ltd.
ConstructionFutures-0.03%
Godrej Consumer Products Ltd.
Consumer StaplesFutures-0.04%
Info Edge (India) Ltd.
ServicesFutures-0.04%
Oil And Natural Gas Corporation Ltd.
EnergyFutures-0.05%
Oracle Financial Services Software Ltd.
TechnologyFutures-0.05%
Alkem Laboratories Ltd.
HealthcareFutures-0.05%
Tech Mahindra Ltd.
TechnologyFutures-0.05%
Computer Age Management Services Ltd.
ServicesFutures-0.06%
ICICI Prudential Life Insurance Company Ltd.
InsuranceFutures-0.07%
Petronet LNG Ltd.
EnergyFutures-0.07%
Bosch Ltd.
AutomobileFutures-0.07%
Delhivery Ltd.
ServicesFutures-0.07%
Bandhan Bank Ltd.
FinancialFutures-0.07%
Max Financial Services Ltd.
FinancialFutures-0.08%
Sun Pharmaceutical Industries Ltd.
HealthcareFutures-0.08%
Bharat Heavy Electricals Ltd.
Capital GoodsFutures-0.08%
L&T Finance Ltd.
FinancialFutures-0.08%
Coforge Ltd.
TechnologyFutures-0.08%
SBI Life Insurance Company Ltd.
InsuranceFutures-0.09%
Patanjali Foods Ltd.
Consumer StaplesFutures-0.09%
Inox Wind Ltd.
Capital GoodsFutures-0.09%
GAIL (India) Ltd.
EnergyFutures-0.09%
Indian Energy Exchange Ltd.
ServicesFutures-0.10%
Hindustan Petroleum Corporation Ltd.
EnergyFutures-0.10%
Life Insurance Corporation of India
InsuranceFutures-0.11%
Suzlon Energy Ltd.
Capital GoodsFutures-0.11%
RBL Bank Ltd.
FinancialFutures-0.12%
PB Fintech Ltd.
ServicesFutures-0.12%
AU Small Finance Bank Ltd.
FinancialFutures-0.12%
Glenmark Pharmaceuticals Ltd.
HealthcareFutures-0.13%
Samvardhana Motherson International Ltd.
AutomobileFutures-0.13%
Sona BLW Precision Forgings Ltd.
AutomobileFutures-0.13%
Solar Industries India Ltd.
ChemicalsFutures-0.13%
Indian Oil Corporation Ltd.
EnergyFutures-0.13%
SRF Ltd.
ChemicalsFutures-0.13%
Bharat Dynamics Ltd.
Capital GoodsFutures-0.13%
National Aluminium Company Ltd.
Metals & MiningFutures-0.14%
Hindustan Zinc Ltd.
Metals & MiningFutures-0.14%
Syngene International Ltd.
HealthcareFutures-0.14%
Power Grid Corporation Of India Ltd.
EnergyFutures-0.14%
Laurus Labs Ltd.
HealthcareFutures-0.14%
Ambuja Cements Ltd.
ConstructionFutures-0.14%
HFCL Ltd.
CommunicationFutures-0.15%
HCL Technologies Ltd.
TechnologyFutures-0.16%
Bank of India
FinancialFutures-0.16%
Kalyan Jewellers India Ltd.
Consumer DiscretionaryFutures-0.17%
Union Bank of India
FinancialFutures-0.17%
UPL Ltd.
ChemicalsFutures-0.17%
Exide Industries Ltd.
Capital GoodsFutures-0.17%
Lupin Ltd.
HealthcareFutures-0.17%
Britannia Industries Ltd.
Consumer StaplesFutures-0.19%
NMDC Ltd.
Metals & MiningFutures-0.19%
IIFL Finance Ltd.
FinancialFutures-0.20%
BSE Ltd.
ServicesFutures-0.22%
Tata Consumer Products Ltd.
Consumer StaplesFutures-0.23%
Steel Authority Of India Ltd.
Metals & MiningFutures-0.23%
Adani Green Energy Ltd.
Capital GoodsFutures-0.23%
REC Ltd.
FinancialFutures-0.23%
Jindal Steel Ltd.
Metals & MiningFutures-0.24%
PNB Housing Finance Ltd.
FinancialFutures-0.24%
Max Healthcare Institute Ltd.
HealthcareFutures-0.26%
Biocon Ltd.
HealthcareFutures-0.26%
Eicher Motors Ltd.
AutomobileFutures-0.27%
TVS Motor Company Ltd.
AutomobileFutures-0.27%
GMR Airports Ltd.
ConstructionFutures-0.28%
Pidilite Industries Ltd.
ChemicalsFutures-0.29%
Aditya Birla Capital Ltd.
FinancialFutures-0.31%
Yes Bank Ltd.
FinancialFutures-0.32%
Divi's Laboratories Ltd.
HealthcareFutures-0.32%
LIC Housing Finance Ltd.
FinancialFutures-0.33%
Punjab National Bank
FinancialFutures-0.33%
Sammaan Capital Ltd.
FinancialFutures-0.33%
Maruti Suzuki India Ltd.
AutomobileFutures-0.35%
Nestle India Ltd.
Consumer StaplesFutures-0.36%
Aurobindo Pharma Ltd.
HealthcareFutures-0.36%
Lodha Developers Ltd.
ConstructionFutures-0.36%
Bajaj Finance Ltd.
FinancialFutures-0.37%
NTPC Ltd.
EnergyFutures-0.38%
Adani Enterprises Ltd.
ServicesFutures-0.38%
Cipla Ltd.
HealthcareFutures-0.40%
Trent Ltd.
ServicesFutures-0.41%
APL Apollo Tubes Ltd.
Metals & MiningFutures-0.42%
Hindustan Unilever Ltd.
Consumer StaplesFutures-0.43%
United Spirits Ltd.
Consumer StaplesFutures-0.47%
Vodafone Idea Ltd.
CommunicationFutures-0.49%
DLF Ltd.
ConstructionFutures-0.50%
Adani Energy Solutions Ltd.
EnergyFutures-0.50%
Varun Beverages Ltd.
Consumer StaplesFutures-0.51%
IDFC First Bank Ltd.
FinancialFutures-0.51%
Bank Of Baroda
FinancialFutures-0.51%
Adani Ports and Special Economic Zone Ltd.
ServicesFutures-0.52%
Godrej Properties Ltd.
ConstructionFutures-0.53%
JIO Financial Services Ltd.
FinancialFutures-0.56%
Hindalco Industries Ltd.
Metals & MiningFutures-0.56%
Canara Bank
FinancialFutures-0.57%
Multi Commodity Exchange Of India Ltd.
ServicesFutures-0.61%
Vedanta Ltd.
Metals & MiningFutures-0.61%
Indus Towers Ltd.
CommunicationFutures-0.64%
Tata Power Company Ltd.
EnergyFutures-0.65%
One97 Communications Ltd.
ServicesFutures-0.66%
Shriram Finance Ltd
FinancialFutures-0.73%
Bajaj Finserv Ltd.
FinancialFutures-0.78%
The Indian Hotels Company Ltd.
ServicesFutures-0.81%
Marico Ltd.
Consumer StaplesFutures-0.82%
Apollo Hospitals Enterprise Ltd.
HealthcareFutures-0.85%
Bharat Electronics Ltd.
Capital GoodsFutures-0.90%
Tata Steel Ltd.
Metals & MiningFutures-1.02%
Hindustan Aeronautics Ltd.
Capital GoodsFutures-1.02%
JSW Energy Ltd.
Capital GoodsFutures-1.08%
Ultratech Cement Ltd.
ConstructionFutures-1.23%
Titan Company Ltd.
Consumer DiscretionaryFutures-1.26%
Tata Consultancy Services Ltd.
TechnologyFutures-1.26%
Kotak Mahindra Bank Ltd.
FinancialFutures-1.50%
ITC Ltd.
Consumer StaplesFutures-1.64%
Dixon Technologies (India) Ltd.
Capital GoodsFutures-1.65%
JSW Steel Ltd.
Metals & MiningFutures-1.74%
Mahindra & Mahindra Ltd.
AutomobileFutures-2.41%
Eternal Ltd.
ServicesFutures-2.44%
Grasim Industries Ltd.
ConstructionFutures-2.53%
Larsen & Toubro Ltd.
ConstructionFutures-2.58%
Bharti Airtel Ltd.
CommunicationFutures-2.67%
Axis Bank Ltd.
FinancialFutures-3.08%
State Bank of India
FinancialFutures-3.09%
Reliance Industries Ltd.
EnergyFutures-4.59%
ICICI Bank Ltd.
FinancialFutures-5.40%
HDFC Bank Ltd.
FinancialFutures-5.62%
See All

Minimum investment amounts

Min. for 1st investment₹100
Min. for 2nd investment onwards₹100
Min. for SIP₹100

Returns and rankings

Category: Hybrid Arbitrage
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns7.0%7.7%6.3%6.4%
Category average6.2%6.9%5.5%NA
Rank with in category171514NA
Understand terms

Peer Comparison

Expense ratio, exit load and tax

Expense ratio: 0.41%

Inclusive of GST

Exit load

Exit load of 0.25% if redeemed within 1 month

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.

Understand terms
Check past data

Fund management

Nandita Menezes
Mar 2025 - Present
View details

Education
CA (ICAI, INDIA), B.Com (University of Mumbai)
Experience
Prior to joining HDFC AMC, she was associated with S.V. Ghatalia & Associates LLP.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
"HDFC House", 2nd Floor, H. T. Parekh Marg, 165-166, BackbayReclamation, Churchgate Mumbai 400020
Phone
022 – 66316333
Launch Date
10 Dec 1999
HDFC Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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