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DSP Arbitrage Fund

DSP Arbitrage Fund

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Benchmark: NIFTY 50 Arbitrage Index info icon

19.2K people have invested in this fund

View performance details

Return:

This fund

18.00%

NIFTY 50 Arbitrage Index

14.30%

CRISIL 1 Year T-Bill Index

14.15%

Invested

Earning

This fund

18.00%

NIFTY 50 Arbitrage Index

14.30%

CRISIL 1 Year T-Bill Index

14.15%

team 19.2K people have invested in this fund as of

This is an Equity Diversified, Arbitrage fund with NIFTY 50 Arbitrage Index as its benchmark. The risk level for this fund is categorized as Low Risk.

Total AUM

5,226.64 crores as of May 31, 2024

Age of Fund

6 years 4 months since Jan 25, 2018

Expense Ratio

0.34% as of Jun 13, 2024

Exit Load

Nil - If the units

Ideal holding period

6 months+

Rolling Returns

Bars show distribution of returns in given range for selected time period

View performance details

Things to know before you invest

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What is in DSP Arbitrage Fund?

  1. This fund invests mostly in equity arbitrage opportunities with a small portion allocated to debt instruments.
  2. It aims to take advantage of stock price mismatches in two different markets by buying stocks in the normal 'spot' market & selling futures of the same stock in the 'derivatives' market to find & book profits.
  3. Fund provides relatively smoother investment journey with benefit of equity taxation.
  1. Offers the potential to earn relatively risk-free, stable returns similar to fixed income investments.
  2. Get the benefit of equity taxation despite the low-risk orientation.
  1. Consider this fund if you
    • Are looking for alternative to fixed income.
    • Are in high tax bracket & looking for better tax adjusted returns vs Fixed Income.
    • Understand that returns in arbitrage position are linked to risk free rate & can fluctuate based on interest rate regime in the economy.
  1. Arbitrage fund carries Low Risk.
  2. Fund invest in equity but returns will not be as high as equity funds.So if very high returns is your goal, this is not the right fund.
  3. Returns from arbitrage funds are technically risk-free but arbitrage opportunities are more prevalent during volatile or upward-trending markets.
  4. In case of falling market & period of uncerntatinity, arbitrage spread can be negative & arbitrage fund can have negative/low returns in short term.

Fund managers:

Abhishek Singh

Abhishek Singh

Total work experience of 17 years. Managing this fund since April 2022.
Total work experience of 17 years. Managing this fund since April 2022.

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Kedar Karnik

Kedar Karnik

Total work experience of 18 years. Managing this fund since June 2020.
Total work experience of 18 years. Managing this fund since June 2020.

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Portfolio

Prescribed asset allocation: 65% - 100% Equity & Equity related instruments including Equity Derivatives including Index Futures, Stock Futures, Stock Options, Index Options etc. , 0% - 35% Debt and money market instruments

Current Allocation

as of May 31, 2024

Top holdings

No Data to display

Top Sectors

Arbitrage (cash Long)

75.13%

Top holdings

No Data to display

Top holdings

DSP Savings Fund - Direct Plan - Growth

12.04%

TREPS / Reverse Repo Investments

10.24%

ICICI Securities Limited

1.35%

Julius Baer Capital (India) Private Limited

0.94%

Bank of Baroda

0.93%

Cash & cash equivalents

-3.31%

Credit rating profile

Uncategorized

42.60%

Cash & Equivalent

36.20%

CRISIL A1+

15.00%

IND A1+

3.20%

ICRA A1+

1.80%

Instrument break-up

Mutual-funds

42.70%

TREPS

36.30%

Money market instruments

20.90%


Indicators

Yield to Maturity

7.40 %

Modified Duration

0.43 Yrs

Portfolio Macaulay Duration

0.46 Yrs

Average Maturity

0.11 Yrs

Portfolio turnover ratio

12.40 last 12 months

Standard Deviation

0.69 %

Sharpe Ratio

-1.97

Beta

0.79

R-Squared

72.99 %

Compare Performance

Performance highlights over last

for

investment

Cumulative returns on

Annual returns

Current value

Min CAGR:
MedianCAGR:
Max CAGR:

Good Returns

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Negative Returns

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vs Category

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vs Benchmark

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  • Historical Returnsas of with investment of10,000

This fund NIFTY 50 Arbitrage Index ^ CRISIL 1 Year T-Bill I #
CAGR Current Value CAGR Current Value CAGR Current Value

Income distribution Cum Capital Withdrawal (IDCW) Distributed

Record Date IDCW per unit NAV Before NAV After

Chart type

Invested as

Invested Amount

Invested since

This fund

Vs

NIFTY 50 Arbitrage Ind

CRISIL 1 Year T-Bill I

Gold

PPF

Funds Annual returns Current Value Absolute Growth

Chart type:

Invested as

Invested Amount

Invested period

Funds Minimum Median Maximum % times -ve returns % times returns > 7%

Date of allotment: Jan 25, 2018.

Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement

Different plans shall have a different expense structure. The performance details provided herein are of Direct Plan.

Since inception returns have been calculated from the date of allotment till June 30, 2021

Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Rolling returns have been calculated based on returns from regular plan growth option.

^ Fund Benchmark # Additional Benchmark

Fund Details

Fund Details

Investment Objective

The investment objective of the Scheme is to generate income through arbitrage opportunities between cash and derivative market and arbitrage opportunities within the derivative market. Investments may also be made in debt & money market instruments.
There is no assurance that the investment objective of the scheme will be realized.

Fund Type

Equity – Diversified
Arbitrage

An open ended scheme investing in arbitrage opportunities

Riskometer

Level of Risk in the fund

View details

Minimum Investment

Rs.  100 Lumpsum
Rs.  100 SIP– 12 instalments
Rs.  100 Minimum Additional Purchase

team 19.2K peoplehave invested in this fund as of