HSBC Arbitrage Fund Direct Growth

HSBC Arbitrage Fund Direct Growth

Hybrid
Arbitrage
Low Risk
+7.54%
3Y annualised
+0.08% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 19 Jan '26
₹21.04
Min. SIP amount
₹500
Fund size
₹2,349.75 Cr
Expense ratio
0.30%

Return calculator

Monthly SIP
One time
Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
1 year₹60,000₹61,822
+3.04%
3 years₹1,80,000₹1,99,906
+11.06%
5 years₹3,00,000₹3,56,046
+18.68%
10 years₹6,00,000₹8,30,109
+38.35%

Holdings (274)

NameSectorInstrumentsAssets
HSBC Money Market Fund Direct-GrowthNAMutual Fund11.70%
HDFC Bank Ltd.FinancialEquity7.14%
ICICI Bank Ltd.FinancialEquity6.86%
Eternal Ltd.ServicesEquity5.68%
RBL Bank Ltd.FinancialEquity4.36%
Mahindra & Mahindra Ltd.AutomobileEquity4.31%
HSBC Ultra Short Duration Fund Direct - GrowthNAMutual Fund3.67%
Axis Bank Ltd.FinancialEquity3.24%
Reliance Industries Ltd.EnergyEquity2.79%
PNB Housing Finance Ltd.FinancialEquity2.62%
JIO Financial Services Ltd.FinancialEquity2.21%
LIC Housing Finance Ltd.FinancialDebenture2.13%
NMDC Ltd.Metals & MiningEquity1.92%
JSW Steel Ltd.Metals & MiningEquity1.88%
Marico Ltd.Consumer StaplesEquity1.84%
ITC Ltd.Consumer StaplesEquity1.53%
Sammaan Capital Ltd.FinancialEquity1.53%
Container Corporation Of India Ltd.ServicesEquity1.50%
HSBC Liquid Fund Direct-GrowthNAMutual Fund1.27%
Power Grid Corporation Of India Ltd.EnergyEquity1.25%
Punjab National BankFinancialEquity1.22%
National Bank For Agriculture & Rural DevelopmentFinancialDebenture1.10%
Sundaram Finance Ltd.FinancialDebenture1.09%
Kotak Mahindra Prime Ltd.FinancialDebenture1.08%
Indian BankFinancialCD1.04%
Small Industries Devp. Bank of India Ltd.FinancialCD1.01%
Bandhan Bank Ltd.FinancialEquity0.98%
Crompton Greaves Consumer Electricals Ltd.Consumer DiscretionaryEquity0.88%
Adani Enterprises Ltd.ServicesEquity0.87%
Laurus Labs Ltd.HealthcareEquity0.81%
Persistent Systems Ltd.TechnologyEquity0.76%
NBCC (India) Ltd.ConstructionEquity0.70%
Indus Towers Ltd.CommunicationEquity0.69%
Power Finance Corporation Ltd.FinancialEquity0.64%
Samvardhana Motherson International Ltd.AutomobileEquity0.63%
Canara BankFinancialCD0.62%
Vodafone Idea Ltd.CommunicationEquity0.61%
Aditya Birla Capital Ltd.FinancialEquity0.57%
REC Ltd.FinancialEquity0.57%
Tata Power Company Ltd.EnergyEquity0.56%
Central Depository Services (India) Ltd.FinancialEquity0.55%
Glenmark Pharmaceuticals Ltd.HealthcareEquity0.54%
Coforge Ltd.TechnologyEquity0.53%
Shriram Finance LtdFinancialEquity0.53%
Trent Ltd.ServicesEquity0.49%
Exide Industries Ltd.Capital GoodsEquity0.45%
State Bank of IndiaFinancialEquity0.40%
Max Financial Services Ltd.FinancialEquity0.38%
Petronet LNG Ltd.EnergyEquity0.38%
Kalyan Jewellers India Ltd.Consumer DiscretionaryEquity0.37%
Bharat Heavy Electricals Ltd.Capital GoodsEquity0.37%
ICICI Prudential Life Insurance Company Ltd.InsuranceEquity0.37%
Mazagon Dock Shipbuilders Ltd.Capital GoodsEquity0.36%
Manappuram Finance Ltd.FinancialEquity0.35%
JSW Energy Ltd.Capital GoodsEquity0.35%
NTPC Ltd.EnergyEquity0.35%
Inox Wind Ltd.Capital GoodsEquity0.34%
Max Healthcare Institute Ltd.HealthcareEquity0.31%
Torrent Pharmaceuticals Ltd.HealthcareEquity0.30%
Tata Steel Ltd.Metals & MiningEquity0.30%
Hindustan Aeronautics Ltd.Capital GoodsEquity0.27%
Life Insurance Corporation of IndiaInsuranceEquity0.25%
Indian Oil Corporation Ltd.EnergyEquity0.25%
HDFC Asset Management Company Ltd.FinancialEquity0.25%
Indusind Bank Ltd.FinancialEquity0.25%
Adani Ports and Special Economic Zone Ltd.ServicesEquity0.24%
Hindalco Industries Ltd.Metals & MiningEquity0.22%
Varun Beverages Ltd.Consumer StaplesEquity0.22%
Biocon Ltd.HealthcareEquity0.21%
DLF Ltd.ConstructionEquity0.21%
Kotak Mahindra Bank Ltd.FinancialEquity0.21%
Steel Authority Of India Ltd.Metals & MiningEquity0.20%
Indian Energy Exchange Ltd.ServicesEquity0.19%
APL Apollo Tubes Ltd.Metals & MiningEquity0.19%
LIC Housing Finance Ltd.FinancialEquity0.18%
Cholamandalam Investment and Finance Company Ltd.FinancialEquity0.18%
Titan Company Ltd.Consumer DiscretionaryEquity0.17%
Bank Of BarodaFinancialEquity0.16%
Yes Bank Ltd.FinancialEquity0.14%
Aurobindo Pharma Ltd.HealthcareEquity0.13%
Tube Investments Of India Ltd.AutomobileEquity0.13%
Shree Cement Ltd.ConstructionEquity0.12%
Hindustan Zinc Ltd.Metals & MiningEquity0.11%
Divi's Laboratories Ltd.HealthcareEquity0.11%
Polycab India Ltd.Capital GoodsEquity0.11%
Mankind Pharma Ltd.HealthcareEquity0.10%
Bharat Forge Ltd.AutomobileEquity0.08%
Bharti Airtel Ltd.CommunicationEquity0.08%
UPL Ltd.ChemicalsEquity0.07%
Bank of IndiaFinancialEquity0.07%
PB Fintech Ltd.ServicesEquity0.07%
Jindal Steel Ltd.Metals & MiningEquity0.06%
Mphasis Ltd.TechnologyEquity0.06%
Siemens Ltd.Capital GoodsEquity0.06%
Hindustan Petroleum Corporation Ltd.EnergyEquity0.06%
Bajaj Finance Ltd.FinancialEquity0.06%
Suzlon Energy Ltd.Capital GoodsEquity0.06%
Adani Green Energy Ltd.Capital GoodsEquity0.05%
Ambuja Cements Ltd.ConstructionEquity0.05%
Ultratech Cement Ltd.ConstructionEquity0.05%
Housing & Urban Development Corporation Ltd.FinancialEquity0.05%
Tata Elxsi Ltd.TechnologyEquity0.05%
Grasim Industries Ltd.ConstructionEquity0.04%
Tata Motors Passenger Vehicles Ltd.AutomobileEquity0.04%
Dixon Technologies (India) Ltd.Capital GoodsEquity0.04%
Kaynes Technology India Ltd.Capital GoodsEquity0.04%
One97 Communications Ltd.ServicesEquity0.04%
Lodha Developers Ltd.ConstructionEquity0.04%
Tech Mahindra Ltd.TechnologyEquity0.03%
Godrej Properties Ltd.ConstructionEquity0.03%
Infosys Ltd.TechnologyEquity0.02%
Bharat Electronics Ltd.Capital GoodsEquity0.02%
Dalmia Bharat Ltd.ConstructionEquity0.02%
Oil India Ltd.EnergyEquity0.02%
Colgate-Palmolive (India) Ltd.Consumer StaplesEquity0.02%
Pidilite Industries Ltd.ChemicalsEquity0.02%
Computer Age Management Services Ltd.ServicesEquity0.02%
Zydus Lifesciences Ltd.HealthcareEquity0.02%
Torrent Power Ltd.EnergyEquity0.02%
Sona BLW Precision Forgings Ltd.AutomobileEquity0.01%
Dabur India Ltd.Consumer StaplesEquity0.01%
Interglobe Aviation Ltd.ServicesEquity0.01%
Eicher Motors Ltd.AutomobileEquity0.01%
LTIMindtree Ltd.TechnologyEquity0.01%
Nuvama Wealth Management Ltd.FinancialEquity0.01%
Sun Pharmaceutical Industries Ltd.HealthcareEquity0.01%
Astral Ltd.ChemicalsEquity0.01%
Apollo Hospitals Enterprise Ltd.HealthcareEquity0.01%
SBI Life Insurance Company Ltd.InsuranceEquity0.01%
Britannia Industries Ltd.Consumer StaplesEquity0.01%
ICICI Lombard General Insurance Company Ltd.InsuranceEquity0.01%
Cipla Ltd.HealthcareEquity0.00%
Info Edge (India) Ltd.ServicesEquity0.00%
HDFC Life Insurance Co Ltd.InsuranceEquity0.00%
Prestige Estates Projects Ltd.ConstructionEquity0.00%
Larsen & Toubro Ltd.ConstructionEquity0.00%
Tata Consumer Products Ltd.Consumer StaplesEquity0.00%
Indian Railway Catering & Tourism Corporation Ltd.ServicesEquity0.00%
Supreme Industries Ltd.ChemicalsEquity0.00%
Oracle Financial Services Software Ltd.TechnologyEquity0.00%
Tata Consultancy Services Ltd.TechnologyEquity0.00%
Oil And Natural Gas Corporation Ltd.EnergyEquity0.00%
Oil And Natural Gas Corporation Ltd.EnergyFutures-0.00%
Tata Consultancy Services Ltd.TechnologyFutures-0.00%
Oracle Financial Services Software Ltd.TechnologyFutures-0.00%
Supreme Industries Ltd.ChemicalsFutures-0.00%
Indian Railway Catering & Tourism Corporation Ltd.ServicesFutures-0.00%
Tata Consumer Products Ltd.Consumer StaplesFutures-0.00%
Larsen & Toubro Ltd.ConstructionFutures-0.00%
Prestige Estates Projects Ltd.ConstructionFutures-0.00%
HDFC Life Insurance Co Ltd.InsuranceFutures-0.00%
Info Edge (India) Ltd.ServicesFutures-0.00%
Cipla Ltd.HealthcareFutures-0.00%
ICICI Lombard General Insurance Company Ltd.InsuranceFutures-0.01%
Britannia Industries Ltd.Consumer StaplesFutures-0.01%
SBI Life Insurance Company Ltd.InsuranceFutures-0.01%
Astral Ltd.ChemicalsFutures-0.01%
Apollo Hospitals Enterprise Ltd.HealthcareFutures-0.01%
Sun Pharmaceutical Industries Ltd.HealthcareFutures-0.01%
Nuvama Wealth Management Ltd.FinancialFutures-0.01%
LTIMindtree Ltd.TechnologyFutures-0.01%
Eicher Motors Ltd.AutomobileFutures-0.01%
Interglobe Aviation Ltd.ServicesFutures-0.01%
Dabur India Ltd.Consumer StaplesFutures-0.01%
Sona BLW Precision Forgings Ltd.AutomobileFutures-0.02%
Torrent Power Ltd.EnergyFutures-0.02%
Zydus Lifesciences Ltd.HealthcareFutures-0.02%
Pidilite Industries Ltd.ChemicalsFutures-0.02%
Computer Age Management Services Ltd.ServicesFutures-0.02%
Colgate-Palmolive (India) Ltd.Consumer StaplesFutures-0.02%
Oil India Ltd.EnergyFutures-0.02%
Dalmia Bharat Ltd.ConstructionFutures-0.02%
Bharat Electronics Ltd.Capital GoodsFutures-0.02%
Infosys Ltd.TechnologyFutures-0.02%
Godrej Properties Ltd.ConstructionFutures-0.03%
Tech Mahindra Ltd.TechnologyFutures-0.03%
Lodha Developers Ltd.ConstructionFutures-0.04%
One97 Communications Ltd.ServicesFutures-0.04%
Kaynes Technology India Ltd.Capital GoodsFutures-0.04%
Dixon Technologies (India) Ltd.Capital GoodsFutures-0.04%
Tata Motors Passenger Vehicles Ltd.AutomobileFutures-0.04%
Grasim Industries Ltd.ConstructionFutures-0.04%
Tata Elxsi Ltd.TechnologyFutures-0.05%
Poddar Housing and Development Ltd.ConstructionFutures-0.05%
Ultratech Cement Ltd.ConstructionFutures-0.05%
Ambuja Cements Ltd.ConstructionFutures-0.05%
Adani Green Energy Ltd.Capital GoodsFutures-0.05%
Suzlon Energy Ltd.Capital GoodsFutures-0.06%
Bajaj Finance Ltd.FinancialFutures-0.06%
Hindustan Petroleum Corporation Ltd.EnergyFutures-0.06%
Siemens Ltd.Capital GoodsFutures-0.06%
Mphasis Ltd.TechnologyFutures-0.06%
Jindal Steel Ltd.Metals & MiningFutures-0.06%
PB Fintech Ltd.ServicesFutures-0.07%
Bank of IndiaFinancialFutures-0.07%
UPL Ltd.ChemicalsFutures-0.07%
Bharti Airtel Ltd.CommunicationFutures-0.08%
Bharat Forge Ltd.AutomobileFutures-0.08%
Mankind Pharma Ltd.HealthcareFutures-0.10%
Polycab India Ltd.Capital GoodsFutures-0.11%
Divi's Laboratories Ltd.HealthcareFutures-0.11%
Hindustan Zinc Ltd.Metals & MiningFutures-0.11%
Shree Cement Ltd.ConstructionFutures-0.12%
Tube Investments Of India Ltd.AutomobileFutures-0.13%
Aurobindo Pharma Ltd.HealthcareFutures-0.13%
Yes Bank Ltd.FinancialFutures-0.14%
Bank Of BarodaFinancialFutures-0.16%
Titan Company Ltd.Consumer DiscretionaryFutures-0.17%
Cholamandalam Investment and Finance Company Ltd.FinancialFutures-0.18%
LIC Housing Finance Ltd.FinancialFutures-0.18%
APL Apollo Tubes Ltd.Metals & MiningFutures-0.19%
Indian Energy Exchange Ltd.ServicesFutures-0.19%
Steel Authority Of India Ltd.Metals & MiningFutures-0.20%
Kotak Mahindra Bank Ltd.FinancialFutures-0.21%
DLF Ltd.ConstructionFutures-0.21%
Biocon Ltd.HealthcareFutures-0.21%
Varun Beverages Ltd.Consumer StaplesFutures-0.22%
Hindalco Industries Ltd.Metals & MiningFutures-0.22%
Adani Port Ltd. Pref. SharesServicesFutures-0.24%
Indusind Bank Ltd.FinancialFutures-0.25%
HDFC Asset Management Company Ltd.FinancialFutures-0.25%
Life Insurance Corporation of IndiaInsuranceFutures-0.25%
Indian Oil Corporation Ltd.EnergyFutures-0.25%
Hindustan Aeronautics Ltd.Capital GoodsFutures-0.27%
Tata Steel Ltd.Metals & MiningFutures-0.30%
Torrent Pharmaceuticals Ltd.HealthcareFutures-0.30%
Max Healthcare Institute Ltd.HealthcareFutures-0.31%
Inox Wind Ltd.Capital GoodsFutures-0.34%
NTPC Ltd.EnergyFutures-0.35%
JSW Energy Ltd.Capital GoodsFutures-0.35%
Manappuram Finance Ltd.FinancialFutures-0.36%
Mazagon Dock Shipbuilders Ltd.Capital GoodsFutures-0.36%
ICICI Prudential Life Insurance Company Ltd.InsuranceFutures-0.37%
Bharat Heavy Electricals Ltd.Capital GoodsFutures-0.37%
Kalyan Jewellers India Ltd.Consumer DiscretionaryFutures-0.37%
Petronet LNG Ltd.EnergyFutures-0.38%
Max Financial Services Ltd.FinancialFutures-0.39%
State Bank of IndiaFinancialFutures-0.40%
Exide Industries Ltd.Capital GoodsFutures-0.45%
Trent Ltd.ServicesFutures-0.50%
Shriram Finance LtdFinancialFutures-0.53%
Coforge Ltd.TechnologyFutures-0.53%
Glenmark Pharmaceuticals Ltd.HealthcareFutures-0.54%
Central Depository Services (India) Ltd.FinancialFutures-0.55%
Tata Power Company Ltd.EnergyFutures-0.56%
REC Ltd.FinancialFutures-0.57%
Aditya Birla Capital Ltd.FinancialFutures-0.57%
Vodafone Idea Ltd.CommunicationFutures-0.61%
Samvardhana Motherson International Ltd.AutomobileFutures-0.63%
Power Finance Corporation Ltd.FinancialFutures-0.65%
Indus Towers Ltd.CommunicationFutures-0.70%
NBCC (India) Ltd.ConstructionFutures-0.71%
Persistent Systems Ltd.TechnologyFutures-0.76%
Laurus Labs Ltd.HealthcareFutures-0.81%
Adani Enterprises Ltd.ServicesFutures-0.88%
Crompton Greaves Consumer Electricals Ltd.Consumer DiscretionaryFutures-0.89%
Bandhan Bank Ltd.FinancialFutures-0.99%
Punjab National BankFinancialFutures-1.23%
Power Grid Corporation Of India Ltd.EnergyFutures-1.25%
Container Corporation Of India Ltd.ServicesFutures-1.51%
Sammaan Capital Ltd.FinancialFutures-1.54%
ITC Ltd.Consumer StaplesFutures-1.54%
Marico Ltd.Consumer StaplesFutures-1.84%
JSW Steel Ltd.Metals & MiningFutures-1.89%
NMDC Ltd.Metals & MiningFutures-1.93%
JIO Financial Services Ltd.FinancialFutures-2.23%
PNB Housing Finance Ltd.FinancialFutures-2.63%
Reliance Industries Ltd.EnergyFutures-2.80%
Axis Bank Ltd.FinancialFutures-3.26%
Mahindra & Mahindra Ltd.AutomobileFutures-4.34%
RBL Bank Ltd.FinancialFutures-4.38%
Eternal Ltd.ServicesFutures-5.71%
ICICI Bank Ltd.FinancialFutures-6.90%
HDFC Bank Ltd.FinancialFutures-7.19%
See All

Minimum investments

Min. for 1st investment
₹5,000
Min. for 2nd investment
₹1,000
Min. for SIP
₹500

Returns and rankings

Annualised returns
Absolute returns
Name3Y5Y10YAll
Fund returns+7.5%+6.4%+6.4%+6.6%
Category average (Hybrid Arbitrage)+6.8%+5.6%+5.7%--
Rank (Hybrid Arbitrage)1615----

Exit load, stamp duty and tax

Exit load

Exit load of 0.25% if redeemed within 1 month

Stamp duty on investment: 0.005% (from July 1st, 2020)

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%.
Check past data

Compare similar funds

Fund management

PA
Praveen Ayathan
Jun 2014 - Present
View details

Education
Mr. Praveen is a B.Sc (Mathematics).
Experience
Prior to joining HSBC Mutual Fund, he has worked with L&T MF, Kotak Mahindra AMC and Dalal & Broacha Stock Broking Pvt. Ltd.

About HSBC Arbitrage Fund Direct Growth

HSBC Arbitrage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by HSBC Mutual Fund. This scheme was made available to investors on 27 May 2002. Mahesh A Chhabria is the Current Fund Manager of HSBC Arbitrage Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,36,937 Cr and the Latest NAV as of 19 Jan 2026 is ₹21.04. The HSBC Arbitrage Fund Direct Growth is rated Low risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹5,000. Exit load of 0.25% if redeemed within 1 month ;

Investment Objective

The scheme seeks to generate reasonable returns by predominantly investing in arbitrage opportunities in the cash and derivatives segments of the equity markets and by investing balance in debt and money market instruments.
Fund benchmarkNIFTY 50 Arbitrage Total Return Index

Fund house

Rank (total assets)#21 in India
Total AUM₹1,36,936.80 Cr
Date of Incorporation27 May 2002
Launch Date27 May 2002
Address9-11th Floor,NESCO - IT Park Bldg. 3,Western Express Highway, Goregaon East, Mumbai 400063
CustodianHDFC Bank
Registrar & Transfer AgentCams
Address7th Floor, Tower II, Rayala Towers, 158, Anna Salai,