HDFC Arbitrage Fund

Mutual fund

Direct · Growth

· AMFI 129052

₹22.02

+6.9%over 1 year

Price of one unit (NAV) on 11 November 2026

Past prices are not a forecast of anything.

Ask about this fund

Overview

Kind of fund: Arbitrage
Yearly fee: 1.50%; Since 30 September 2026
Fund size: ₹25,509 crore
Started: 7 April 2014
Exit load: 0.25% if sold within 15 days
Compared against: NIFTY 50 Arbitrage TRI
Plan: Direct · Growth
Companies held: 171; 363 lines in all
Holdings as at: 30 August 2026

What does it hold?

Company size

Large
Mid
Small
Cash, bonds, abroad

HDFC Arbitrage Fund
59%15%25%

Industries

Financial30%
Materials11%
Industrials8%
Energy & Utilities7%
Technology6%
Consumer Discretionary5%
Consumer Staples4%
Healthcare3%

Top companies

10 of 171 companies · holdings as at 30 August 2026

1
HDFC Bank Ltd
LargeFinancial
5.1%
2
ICICI Bank Ltd
LargeFinancial
4.9%
3
Reliance Industries Ltd
LargeEnergy & Utilities
3.5%
4
Bharti Airtel Ltd
LargeTechnology
3.3%
5
Axis Bank Ltd
LargeFinancial
3.0%
6
JSW Steel Ltd
LargeMaterials
2.4%
7
State Bank of India
LargeFinancial
2.4%
8
Canara Bank
LargeFinancial
1.7%
9
Bajaj Finance Ltd
LargeFinancial
1.6%
10
Bharat Electronics Ltd
LargeIndustrials
1.5%

Show all 171

11
NTPC Ltd
LargeEnergy & Utilities
1.5%
12
Tata Steel Ltd
LargeMaterials
1.5%
13
Kotak Mahindra Bank Ltd
LargeFinancial
1.4%
14
TVS Motor Company Ltd
LargeConsumer Discretionary
1.4%
15
Hindustan Unilever Ltd
LargeConsumer Staples
1.3%
16
Punjab National Bank
LargeFinancial
1.3%
17
Hindalco Industries Ltd
LargeMaterials
1.0%
18
Indus Towers Ltd
MidTechnology
0.9%
19
Grasim Industries Ltd
LargeMaterials
0.9%
20
IDFC First Bank Ltd
MidFinancial
0.8%
21
Vodafone Idea Ltd
LargeTechnology
0.8%
22
One 97 Communications Ltd
MidIndustrials
0.8%
23
Cholamandalam Investment & Finance Company Ltd
LargeFinancial
0.7%
24
Divi's Laboratories Ltd
LargeHealthcare
0.7%
25
Apollo Hospitals Enterprise Ltd
LargeHealthcare
0.7%
26
Adani Enterprises Ltd
LargeMaterials
0.6%
27
Steel Authority Of India Ltd
MidMaterials
0.6%
28
NMDC Ltd
MidMaterials
0.6%
29
Interglobe Aviation Ltd
LargeIndustrials
0.6%
30
Hitachi Energy India Ltd
LargeIndustrials
0.6%
31
Bank Of Baroda
LargeFinancial
0.6%
32
Coal India Ltd
LargeMaterials
0.6%
33
ITC Ltd
LargeConsumer Staples
0.6%
34
Muthoot Finance Ltd
LargeFinancial
0.6%
35
Bharat Heavy Electricals Ltd
LargeIndustrials
0.6%
36
Indian Oil Corporation Ltd
LargeEnergy & Utilities
0.6%
37
Eicher Motors Ltd
LargeConsumer Discretionary
0.6%
38
Cummins India Ltd
LargeIndustrials
0.6%
39
The Indian Hotels Company Ltd
MidConsumer Discretionary
0.5%
40
Tata Consumer Products Ltd
MidConsumer Staples
0.5%
41
Marico Ltd
MidConsumer Staples
0.5%
42
HDFC Life Insurance Co Ltd
LargeFinancial
0.5%
43
Larsen & Toubro Ltd
LargeIndustrials
0.5%
44
Glenmark Pharmaceuticals Ltd
MidHealthcare
0.5%
45
Ambuja Cements Ltd
MidMaterials
0.5%
46
Info Edge (India) Ltd
MidTechnology
0.4%
47
Varun Beverages Ltd
LargeConsumer Staples
0.4%
48
LIC Housing Finance Ltd
SmallFinancial
0.4%
49
Asian Paints Ltd
LargeMaterials
0.4%
50
Maruti Suzuki India Ltd
LargeConsumer Discretionary
0.4%
51
Biocon Ltd
MidHealthcare
0.4%
52
Yes Bank Ltd
MidFinancial
0.4%
53
GE T&D India Ltd
LargeIndustrials
0.4%
54
Kalyan Jewellers India Ltd
MidConsumer Discretionary
0.4%
55
Indian Energy Exchange Ltd
SmallFinancial
0.4%
56
Tata Motors Ltd
MidConsumer Discretionary
0.4%
57
Tata Power Company Ltd
LargeEnergy & Utilities
0.4%
58
CG Power & Industrial Solutions Ltd
LargeIndustrials
0.3%
59
Godrej Properties Ltd
MidReal Estate
0.3%
60
Jio Financial Services Limited
LargeFinancial
0.3%
61
Ashok Leyland Ltd
MidIndustrials
0.3%
62
Hindustan Petroleum Corporation Ltd
MidEnergy & Utilities
0.3%
63
Life Insurance Corporation of India
LargeFinancial
0.3%
64
Solar Industries India Ltd
LargeMaterials
0.3%
65
Titan Company Ltd
LargeConsumer Discretionary
0.3%
66
Ultratech Cement Ltd
LargeMaterials
0.3%
67
Bank of India
MidFinancial
0.3%
68
Union Bank of India
LargeFinancial
0.3%
69
Bharat Forge Ltd
MidConsumer Discretionary
0.3%
70
Cipla Ltd
LargeHealthcare
0.3%
71
Manappuram Finance Ltd
SmallFinancial
0.3%
72
Pidilite Industries Ltd
LargeMaterials
0.3%
73
Infosys Ltd
LargeTechnology
0.3%
74
Lupin Ltd
MidHealthcare
0.3%
75
Aditya Birla Capital Ltd
MidFinancial
0.2%
76
Hindustan Zinc Ltd
LargeMaterials
0.2%
77
Bharat Petroleum Corporation Ltd
LargeEnergy & Utilities
0.2%
78
Voltas Ltd
MidIndustrials
0.2%
79
UPL Ltd
MidMaterials
0.2%
80
Coforge Ltd
MidTechnology
0.2%
81
Hindustan Aeronautics Ltd
LargeIndustrials
0.2%
82
Max Financial Services Ltd
MidFinancial
0.2%
83
Tech Mahindra Ltd
LargeTechnology
0.2%
84
Central Depository Services (India) Ltd
SmallFinancial
0.2%
85
Adani Power Ltd
LargeEnergy & Utilities
0.2%
86
Dabur India Ltd
MidConsumer Staples
0.2%
87
Adani Green Energy Ltd
LargeEnergy & Utilities
0.2%
88
Mahindra & Mahindra Ltd
LargeConsumer Discretionary
0.2%
89
Power Finance Corporation Ltd
LargeFinancial
0.2%
90
Multi Commodity Exchange Of India Ltd
MidFinancial
0.2%
91
Inox Wind Ltd
SmallIndustrials
0.2%
92
Adani Ports and Special Economic Zone Ltd
LargeIndustrials
0.2%
93
Aurobindo Pharma Ltd
MidHealthcare
0.2%
94
SRF Ltd
MidMaterials
0.2%
95
APL Apollo Tubes Ltd
MidIndustrials
0.2%
96
GMR Airports Infrastructure Ltd
MidIndustrials
0.2%
97
Alkem Laboratories Ltd
MidHealthcare
0.2%
98
Bosch Ltd
LargeConsumer Discretionary
0.2%
99
DLF Ltd
LargeReal Estate
0.2%
100
RBL Bank Ltd
MidFinancial
0.1%
101
Samvardhana Motherson International Ltd
LargeConsumer Discretionary
0.1%
102
United Spirits Ltd
MidConsumer Staples
0.1%
103
Bajaj Auto Ltd
LargeConsumer Discretionary
0.1%
104
Bajaj Finserv Ltd
LargeFinancial
0.1%
105
Amber Enterprises India Ltd
SmallConsumer Discretionary
0.1%
106
UNO Minda Ltd
MidConsumer Discretionary
0.1%
107
National Aluminium Company Ltd
MidMaterials
0.1%
108
Supreme Industries Ltd
MidMaterials
0.1%
109
Shriram Transport Finance Company Ltd
LargeFinancial
0.1%
110
Polycab India Ltd
LargeIndustrials
0.1%
111
BSE Ltd
LargeFinancial
0.1%
112
PB Fintech Ltd
MidFinancial
0.1%
113
Hero Motocorp Ltd
MidConsumer Discretionary
0.1%
114
Jindal Steel & Power Ltd
LargeMaterials
0.1%
115
Delhivery Ltd
SmallIndustrials
0.1%
116
Zomato Ltd
LargeTechnology
0.1%
117
Bandhan Bank Ltd
SmallFinancial
0.1%
118
SBI Life Insurance Company Ltd
LargeFinancial
0.1%
119
Fortis Healthcare Ltd
MidHealthcare
0.1%
120
Colgate-Palmolive (India) Ltd
MidConsumer Staples
0.1%
121
AU Small Finance Bank Ltd
MidFinancial
0.1%
122
GAIL (India) Ltd
LargeEnergy & Utilities
0.1%
123
FSN E-Commerce Ventures Ltd
MidConsumer Discretionary
0.1%
124
Patanjali Foods Ltd
MidConsumer Staples
0.1%
125
The Federal Bank Ltd
MidFinancial
0.1%
126
Mazagon Dock Shipbuilders Ltd
MidIndustrials
0.1%
127
Radico Khaitan Ltd
MidConsumer Staples
0.1%
128
PG Electroplast Ltd
SmallIndustrials
0.1%
129
JSW Energy Ltd
MidEnergy & Utilities
0.1%
130
Tata Consultancy Services Ltd
LargeTechnology
0.1%
131
PNB Housing Finance Ltd
SmallFinancial
0.1%
132
Power Grid Corporation of India Ltd
LargeEnergy & Utilities
0.1%
133
SBI Cards & Payments Services Ltd
MidFinancial
0.1%
134
Oil & Natural Gas Corporation Ltd
LargeEnergy & Utilities
0.1%
135
Computer Age Management Services Ltd
SmallFinancial
0.1%
136
Oberoi Realty Ltd
MidReal Estate
0.1%
137
ICICI Prudential Life Insurance Company Ltd
MidFinancial
0.1%
138
Nippon Life India Asset Management Ltd
MidFinancial
0.1%
139
Torrent Pharmaceuticals Ltd
LargeHealthcare
0.1%
140
ICICI Lombard General Insurance Company Ltd
MidFinancial
0.1%
141
Max Healthcare Institute Ltd
MidHealthcare
0.1%
142
Vedanta Ltd
MidMaterials
0.1%
143
Tube Investments Of India Ltd
MidConsumer Discretionary
0.1%
144
Zydus Lifesciences Ltd
LargeHealthcare
0.0%
145
Britannia Industries Ltd
LargeConsumer Staples
0.0%
146
Mankind Pharma Ltd.
MidHealthcare
0.0%
147
Container Corporation Of India Ltd
SmallIndustrials
0.0%
148
Nestle India Ltd
LargeConsumer Staples
0.0%
149
Sun Pharmaceutical Industries Ltd
LargeHealthcare
0.0%
150
Motilal Oswal Financial Services Ltd
MidFinancial
0.0%
151
HCL Technologies Ltd
LargeTechnology
0.0%
152
Adani Transmission Ltd
LargeEnergy & Utilities
0.0%
153
Sagility India Ltd.
SmallIndustrials
0.0%
154
Phoenix Mills Ltd
MidReal Estate
0.0%
155
NBCC India Ltd
SmallIndustrials
0.0%
156
Indusind Bank Ltd
MidFinancial
0.0%
157
Godrej Consumer Products Ltd
MidConsumer Staples
0.0%
158
Cochin Shipyard Ltd
SmallIndustrials
0.0%
159
Mphasis Ltd
MidTechnology
0.0%
160
Havells India Ltd
MidConsumer Discretionary
0.0%
161
Rail Vikas Nigam Ltd
MidIndustrials
0.0%
162
Oracle Financial Services Software Ltd
MidTechnology
0.0%
163
Angel One Ltd
SmallFinancial
0.0%
164
L&T Finance Holdings Ltd
MidFinancial
0.0%
165
Prestige Estates Projects Ltd
MidReal Estate
0.0%
166
Trent Ltd
LargeConsumer Discretionary
0.0%
167
Suzlon Energy Ltd
MidIndustrials
0.0%
168
Page Industries Ltd
MidConsumer Discretionary
0.0%
169
Bank of Maharashtra
MidFinancial
0.0%
170
Swiggy Ltd.
MidTechnology
0.0%
171
Shree Cement Ltd
MidMaterials
0.0%

What does it cost?

1.50% a year: ₹150 on every ₹10,000 you hold.

The middle fee for Arbitrage direct plans is 1.44%.

Exit load: 0.25% if sold within 15 days

How has it done?

1 year: +6.9%
3 years, per year: +7.3%
5 years, per year: +6.8%

Worst fall so far: −0.8% (Aug 2024 to Aug 2024).

Against other Arbitrage funds: out of 117 three-year stretches, it finished above the middle Arbitrage fund in 5.

In Jan–Apr 2020 alone it fell 0.7%; the middle fund fell 0.6%.