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HDFC Arbitrage Fund Wholesale Regular-idcw
Hybrid
Large Cap
Low Risk
Latest AUM
₹ 23,776.9 Cr.
NAV as on 21 may, 2026
₹ 10.91
+20.58%
3 years annulised
This Fund
Fund Details
Fund Names
HDFC Arbitrage Fund Wholesale Regular-idcw
Inception Date
23 Oct 2007
Lock In
No Lock-in
SIP Minimum Investment amount
₹100
SWP Minimum Investment amount
₹500
STP Minimum Investment amount
₹500
Risk
Principal at low risk
Category Average Annual Returns
6.53
Portfolio Composition Analysis
Debt
29.40%
Cash
71.18%
Portfolio Updated on: 09 Jun, 2026
Sector Allocations
Equity
Debt
Financial
Materials
Consumer Discretionary
Technology
Energy & Utilities
Industrials
Consumer Staples
Healthcare
Real Estate
Portfolio Updated on: 21 may, 2026
Top 10 Holdings
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| HDFC Bank Ltd | Financial | Equity | 6.52% |
| HDFC Bank Ltd | Financial | Equity | 6.76% |
| HDFC Bank Ltd | Financial | Equity | 1.00% |
| HDFC Bank Ltd | Financial | Equity | 1.00% |
| ICICI Bank Ltd | Financial | Equity | 5.74% |
| ICICI Bank Ltd | Financial | Equity | 5.85% |
| ICICI Bank Ltd | Financial | Equity | 5.85% |
| HDFC Bank Ltd | Financial | Equity | 5.68% |
| HDFC Bank Ltd | Financial | Equity | 5.68% |
| HDFC Bank Ltd | Financial | Equity | 5.51% |
Debt & Credit Risk Analysis
| Sharpe Ratio | 2.10% |
| Standard Deviation | 0.36% |
Returns Analysis
| Tenure | Absolute | Annualised | Category Average |
|---|---|---|---|
| 3 Months | 1.20% | NA | 1.51% |
| 6 Months | 2.73% | NA | 3.08% |
| 9 Months | 4.18% | NA | 4.74% |
| 1 Year | 5.80% | 5.80% | 6.53% |
| 2 Years | 13.32% | 6.45% | 6.99% |
| 3 Years | 21.96% | 6.84% | 6.77% |
| 5 Years | 33.38% | 5.93% | 5.46% |
| 7 Years | 45.27% | 5.48% | NA |
| 10 Years | 72.44% | 5.60% | 5.71% |
HDFC Arbitrage Fund Wholesale Regular-idcw is one Hybrid mutual fund offered by HDFC Mutual Fund. Launched on 23 Oct 2007, the fund aims income over short term. Income through arbitrage opportunities between cash and derivative market and arbitrage
opportunities within the derivative segmen It manages assets worth ₹23,776.9 crore as on Tue Mar 31, 2026. The expense ratio stands at 0.92%.
Nandita Menezes has experience Prior to joining HDFC AMC, she was associated with S.V. Ghatalia & Associates LLP.
Dhruv Muchhal has experience Prior to joining HDFC MF,he has worked with Motilal Oswal Financial Services Ltd., Goldman Sachs, CRISIL Global Research & Analytics and Deloitte Haskins & Sells
Anil Bamboli has experience Prior to joining HDFC AMC he has worked with SBI Fund Management for 11 years.
Arun Agarwal has experience Prior to joining HDFC Asset Management Company Limited, he has worked with SBI Funds Management Pvt. Ltd., ICICI Bank Limited, UTI Asset Management Pvt. Ltd.
Top Performing Mutual Funds
| Fund name | |||||||
|---|---|---|---|---|---|---|---|
| Invesco India Arbitrage Fund Direct-growth | 26,370.1 | +0.53% | +1.64% | +3.34% | +6.60% | +7.60% | +6.93% |
| Invesco India Arbitrage Fund Direct-growth | 26,370.1 | +0.53% | +1.64% | +3.34% | +6.60% | +7.60% | +6.93% |
| Invesco India Arbitrage Fund Direct-idcw | 26,370.1 | +0.53% | +1.64% | +3.34% | +6.60% | +7.60% | +6.93% |
| Invesco India Arbitrage Fund Direct-idcw | 26,370.1 | +0.53% | +1.64% | +3.34% | +6.60% | +7.60% | +6.93% |
| Kotak Arbitrage Fund Direct-growth | 67,116.5 | +0.50% | +1.61% | +3.36% | +6.50% | +7.62% | +6.82% |
| Kotak Arbitrage Fund Direct-growth | 67,116.5 | +0.50% | +1.61% | +3.36% | +6.50% | +7.62% | +6.82% |
| Kotak Arbitrage Fund Direct-idcw Monthly | 67,116.5 | +0.50% | +1.61% | +3.36% | +6.50% | +7.62% | +6.82% |
| Kotak Arbitrage Fund Direct-idcw Monthly | 67,116.5 | +0.50% | +1.61% | +3.36% | +6.50% | +7.62% | +6.82% |
| Edelweiss Arbitrage Fund Direct-growth | 14,413.9 | +0.53% | +1.63% | +3.35% | +6.49% | +7.58% | +6.79% |
| Edelweiss Arbitrage Fund Direct-idcw | 14,413.9 | +0.53% | +1.63% | +3.35% | +6.49% | +7.58% | +6.79% |
growth is based on 1-month returns of the funds & Top fund are based on 3Y Returns
More Funds from HDFC Mutual Fund
| Fund name | |||||||
|---|---|---|---|---|---|---|---|
| HDFC Arbitrage Fund Wholesale Regular-growth | 23,776.9 | +0.44% | +1.46% | +3.02% | +5.85% | +6.87% | +5.99% |
| HDFC Arbitrage Fund Wholesale Direct-growth | 23,776.9 | +0.49% | +1.59% | +3.28% | +6.41% | +7.43% | +6.55% |
| HDFC Arbitrage Fund Regular-growth | 23,776.9 | +0.44% | +1.46% | +3.02% | +5.85% | +6.87% | +5.99% |
| HDFC Arbitrage Fund Direct-growth | 23,776.9 | +0.49% | +1.59% | +3.28% | +6.41% | +7.43% | +6.55% |
| HDFC Arbitrage Fund Direct-growth | 23,776.9 | +0.49% | +1.59% | +3.28% | +6.41% | +7.43% | +6.55% |
| HDFC Arbitrage Fund Regular-growth | 23,776.9 | +0.44% | +1.46% | +3.02% | +5.85% | +6.87% | +5.99% |
| HDFC Arbitrage Fund Wholesale Direct-idcw | 23,776.9 | +0.23% | +1.33% | +2.99% | +6.36% | +7.40% | +6.50% |
| HDFC Arbitrage Fund Direct-idcw Monthly | 23,776.9 | +0.49% | +1.59% | +3.28% | +6.41% | +7.43% | +6.55% |
| HDFC Arbitrage Fund Wholesale Regular-idcw Monthly | 23,776.9 | +0.44% | +1.46% | +3.02% | +5.85% | +6.87% | +5.99% |
growth is based on 1-month returns of the funds
Top Mutual Funds
| Fund name | |||||||
|---|---|---|---|---|---|---|---|
| Kotak Arbitrage Fund Regular-growth | 67,116.5 | +0.45% | +1.45% | +3.04% | +5.85% | +6.98% | +6.19% |
| Kotak Arbitrage Fund Direct-growth | 67,116.5 | +0.50% | +1.61% | +3.36% | +6.50% | +7.62% | +6.82% |
| Kotak Arbitrage Fund Direct-growth | 67,116.5 | +0.50% | +1.61% | +3.36% | +6.50% | +7.62% | +6.82% |
| Kotak Arbitrage Fund Regular-idcw Monthly | 67,116.5 | +0.45% | +1.45% | +3.04% | +5.85% | +6.98% | +6.19% |
| Kotak Arbitrage Fund Direct-idcw Monthly | 67,116.5 | +0.50% | +1.61% | +3.36% | +6.50% | +7.62% | +6.82% |
| Kotak Arbitrage Fund Direct-idcw Monthly | 67,116.5 | +0.50% | +1.61% | +3.36% | +6.50% | +7.62% | +6.82% |
| SBI Arbitrage Opportunities Fund-growth | 41,059.2 | +0.42% | +1.41% | +2.97% | +5.82% | +6.88% | +6.21% |
| SBI Arbitrage Opportunities Fund Direct-growth | 41,059.2 | +0.46% | +1.54% | +3.23% | +6.35% | +7.43% | +6.74% |
| SBI Arbitrage Opportunities Fund Direct-growth | 41,059.2 | +0.46% | +1.54% | +3.23% | +6.35% | +7.43% | +6.74% |
| SBI Arbitrage Opportunities Fund Direct-idcw | 41,059.2 | +0.46% | +1.54% | +3.23% | +6.35% | +7.43% | +6.74% |
Top funds are based on Fund AUM
Top Hybrid Funds
| Fund name | ||||
|---|---|---|---|---|
| Invesco India Arbitrage Fund Direct-growth | ₹36.98 | +7.60% | +6.93% | — |
| Invesco India Arbitrage Fund Direct-growth | ₹36.98 | +7.60% | +6.93% | — |
| Invesco India Arbitrage Fund Direct-idcw | ₹20.08 | +7.60% | +6.93% | — |
| Invesco India Arbitrage Fund Direct-idcw | ₹20.08 | +7.60% | +6.93% | — |
| Kotak Arbitrage Fund Direct-growth | ₹42.87 | +7.62% | +6.82% | — |
| Kotak Arbitrage Fund Direct-growth | ₹42.87 | +7.62% | +6.82% | — |
| Kotak Arbitrage Fund Direct-idcw Monthly | ₹11.19 | +7.62% | +6.82% | — |
| Kotak Arbitrage Fund Direct-idcw Monthly | ₹11.19 | +7.62% | +6.82% | — |
| Edelweiss Arbitrage Fund Direct-growth | ₹22.27 | +7.58% | +6.79% | — |
| Edelweiss Arbitrage Fund Direct-idcw | ₹15.92 | +7.58% | +6.79% | — |
growth is based on 5Y returns of the funds
Historical NAV
| Date | NAV |
|---|---|
| 21 May 2026 | ₹10.91 |
| 20 May 2026 | ₹10.91 |
| 19 May 2026 | ₹10.96 |
| 18 May 2026 | ₹10.96 |
| 15 May 2026 | ₹10.96 |
| 14 May 2026 | ₹10.95 |
| 13 May 2026 | ₹10.94 |
| 12 May 2026 | ₹10.95 |
| 11 May 2026 | ₹10.95 |
| 08 May 2026 | ₹10.94 |
| 07 May 2026 | ₹10.94 |
| 06 May 2026 | ₹10.92 |
| 05 May 2026 | ₹10.94 |
| 04 May 2026 | ₹10.93 |
| 30 Apr 2026 | ₹10.93 |
| 29 Apr 2026 | ₹10.94 |
| 28 Apr 2026 | ₹10.93 |
| 27 Apr 2026 | ₹10.93 |
| 24 Apr 2026 | ₹10.92 |
| 23 Apr 2026 | ₹10.93 |
| 22 Apr 2026 | ₹10.93 |
| 21 Apr 2026 | ₹10.98 |
| 20 Apr 2026 | ₹10.98 |
| 17 Apr 2026 | ₹10.97 |
| 16 Apr 2026 | ₹10.97 |
| 15 Apr 2026 | ₹10.97 |
| 13 Apr 2026 | ₹10.96 |
| 10 Apr 2026 | ₹10.96 |
| 09 Apr 2026 | ₹10.95 |
| 08 Apr 2026 | ₹10.95 |
Portfolio Updated on: 22 May, 2026
Fund Growth & Size Analysis
+₹23,776.9 Cr
Since Launch
This Fund
Category Average
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HDFC Arbitrage Fund Wholesale Regular-idcw Returns Comparison
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HDFC Arbitrage Fund Wholesale Regular-idcw FAQ'S
- Sharpe Ratio: 2.10%
- Standard Deviation: 0.36%
As of Tue Mar 31, 2026, the total assets managed under HDFC Arbitrage Fund Wholesale Regular-idcw stand at approximately ₹ 23,776.9 crore.
The HDFC Arbitrage Fund Wholesale Regular-idcw has delivered the following short-term performance:
- 3 Months Return: 1.20%
- 6 Months Return: 2.73%
The historical growth of the HDFC Arbitrage Fund Wholesale Regular-idcw is reflected through its CAGR returns:
- 3 Year CAGR: 6.84%
- 5 Year CAGR: 5.93%
- Return Since Launch: 6.49%
The portfolio of HDFC Arbitrage Fund Wholesale Regular-idcw is distributed across different asset classes as follows:
- Debt Instruments: 29.40%
- Other Assets: 71.18%
The HDFC Arbitrage Fund Wholesale Regular-idcw is managed by Arun Agarwal, representing HDFC Mutual Fund.
The HDFC Arbitrage Fund Wholesale Regular-idcw investments are allocated across market caps in the following manner:
- Large Cap Stocks: 1.00%
- Mid Cap Stocks: 1.00%
- Small Cap Stocks: 1.00%
Top stock holdings of HDFC Arbitrage Fund Wholesale Regular-idcw include:
- HDFC Bank Ltd – represents 6.52% of the portfolio
- HDFC Bank Ltd – represents 6.76% of the portfolio
- HDFC Bank Ltd – represents 1.00% of the portfolio
- HDFC Bank Ltd – represents 1.00% of the portfolio
- ICICI Bank Ltd – represents 5.74% of the portfolio
- ICICI Bank Ltd – represents 5.85% of the portfolio
- ICICI Bank Ltd – represents 5.85% of the portfolio
- HDFC Bank Ltd – represents 5.68% of the portfolio
- HDFC Bank Ltd – represents 5.68% of the portfolio
- HDFC Bank Ltd – represents 5.51% of the portfolio
Major sector exposures in HDFC Arbitrage Fund Wholesale Regular-idcw are:
- Financial – accounts for 274.69% of the portfolio
- Materials – accounts for 81.75% of the portfolio
- Consumer Discretionary – accounts for 66.53% of the portfolio
- Technology – accounts for 64.90% of the portfolio
- Energy & Utilities – accounts for 59.59% of the portfolio
