HDFC Arbitrage Fund Regular-Growth
The fund is rated 3 stars. The strongest areas were asset mix, industry mix, and balance between returns and downside risk. Investment selection within each asset type and investment selection within each industry were the main limitations and did not provide enough support for a higher rating. Above-average fund size of Rs 25,001.2 crore was a minor drawback.
This fund has a good track record with Asset Allocation, a good track record with Sector Allocation, a bad track record with Asset Selection/Timing, a bad track record with Stock Selection/Timing, a good risk-reward ratio. It is important to note, however, that this fund has a 25001.196 AUM and a 2.11 expense ratio. Considering all these factors, we have rated this fund as 3.0 star.
Our score weighs long-term performance, risk and consistency — not just past returns.
Returns
As of 24 Sep 2026
Risk ratios
As of 31 Aug 2026
Debt metrics
Portfolio
As of 31 Aug 2026
Market-cap split
Sector allocation
Holdings (190)
| Holding | % of fund | Value | Shares |
|---|---|---|---|
| HDFC Money Market Fund Direct-Growth | 8.27% | ₹2,109.54 Cr | 33,54,179 |
| HDFC Bank Ltd. | 5.05% | ₹1,289.46 Cr | 1,81,87,000 |
| ICICI Bank Ltd. | 4.86% | ₹1,239.88 Cr | 85,27,400 |
| HDFC Liquid Fund - Direct Plan | 3.72% | ₹949.03 Cr | 17,04,922 |
| Reliance Industries Ltd. | 3.51% | ₹895.5 Cr | 70,12,500 |
| Bharti Airtel Ltd. | 3.28% | ₹837.07 Cr | 46,19,850 |
| Axis Bank Ltd. | 2.96% | ₹754.73 Cr | 58,05,625 |
| HDFC Ultra Short Term Fund Direct - Growth | 2.63% | ₹671.48 Cr | 40,31,58,608 |
| HDFC Ultra Short to Short Term Fund Direct-Growth | 2.42% | ₹617.97 Cr | 9,16,99,304 |
| JSW Steel Ltd. | 2.37% | ₹605.27 Cr | 46,28,475 |
Fund details
income over short term. Income through arbitrage opportunities between cash and derivative market and arbitrageopportunities within the derivative segmen
The scheme seeks to generate income through arbitrage opportunities and permitted debt instruments.
Exit load of 0.25% if redeemed within 15 Days.