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Mutual FundsHSBC Arbitrage Fund Direct - Growth

H

HSBC Arbitrage Fund Direct - Growth

5 Year Absolute Returns

34.86%profit

NAV (₹) on 25 Jul 2025

20.4159

1 Day NAV Change

+0.02%

3

Value Research

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About Fund

HSBC Arbitrage Fund Direct - Growth is a Hybrid mutual fund scheme launched on 30 Jun 2014. Investors can begin their investment journey with a minimum SIP of ₹500 or a lumpsum investment of ₹5,000.

NAV

NIFTY50

2X

Investors doubled money in past 153 months.


CAGR: 6.16%
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Returns Calculator

Based on Annualised Returns

Investment Type


SIP Amount


Investment Period

5Y

32.73 L

3.50%

35.08 L

6.02%

35.21 L

6.16%

Savings Account
Regular Funds
This Fund on Dhan

Total Investment

30,00,000

Returns

5,20,865 (17.36%)

Maturity Value

35,20,865

Disclaimer: Fixed deposits offer guaranteed returns. Mutual fund investments carry market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns.


Direct vs Regular Returns

This FundExp. Ratio1M 3M 6M 1Y 3Y 5Y
Direct0.24%0.58%1.89%4.36%8.15%24.54%34.61%
Regular0.36%0.57%1.86%4.30%8.02%24.11%33.93%

Fund Details

Min. SIP Amount

500.00


Min. Lumpsum Amount

5,000.00


AUM (in Cr.)

2,443.74


Expense Ratio

0.23%


Lock-in Period

No Lock in Period


Inception Date

30 Jun 2014


Fund Age

11 Yrs


Benchmark

Nifty 50 Arbitrage TRI


Scheme Type

Open Ended


Stamp Duty

0.005% (from July 1st 2020)


Exit Load

  • Any Redemption / Switch-out Of Units On Or Before 1 Month From The Date Of Allotment: 0.25%

Tax Implication

  • If you redeem within 1 year, STCG are taxed at 20%; If you redeem after 1 year, and returns exceed ₹1.25 Lakhs in a financial year, LTCG are taxed at 12.5%

Fund AUM History

ParametersJanFebMarAprMayJunJul
AUM (in Cr.)26,22127,94325,00827,97731,65731,03934,761
Change -5071,722-2,9352,9693,680-6183,722
Change %-1.9%6.57%-10.5%11.87%13.15%-1.95%11.99%

Fund Returns Vs Nifty 50

Name1 Month3 Month6 Month1 Year3 Year5 Year
This Fund0.64%1.51%3.54%7.34%24.22%34.86%
Nifty 500%0%0%0%0%0%

*The above table contains absolute returns.


Historical Returns

Year
JanFebMarAprMayJunJulAugSepOctNovDec

2025

0.58%0.51%0.83%0.72%0.64%0.58%0.42%NANANANANA

2024

0.57%0.63%0.74%0.54%0.58%0.50%0.62%0.54%0.61%0.60%0.53%0.54%

2023

0.49%0.46%0.76%0.62%0.62%0.54%0.56%0.54%0.54%0.50%0.55%0.57%

2022

0.29%0.32%0.41%0.27%0.08%0.40%0.38%0.44%0.33%0.38%0.57%0.57%

2021

0.18%0.28%0.39%0.28%0.25%0.28%0.34%0.33%0.24%0.22%0.33%0.31%

2020

0.49%0.40%0.49%0.54%0.71%0.51%0.44%0.28%0.30%0.42%0.30%0.28%

2019

0.71%0.58%0.78%0.40%0.80%0.42%0.81%0.65%0.43%0.68%0.50%0.36%

2018

0.54%0.50%0.66%0.47%0.55%0.60%0.56%0.63%0.45%0.63%0.69%0.72%

2017

0.54%0.49%0.56%0.46%0.54%0.52%0.53%0.53%0.49%0.51%0.51%0.49%

2016

0.61%0.59%0.75%0.59%0.65%0.61%0.61%0.58%0.56%0.54%0.55%0.51%

2015

0.67%0.60%0.80%0.59%0.63%0.66%0.66%0.62%0.62%0.61%0.60%0.63%

2014

0.72%0.62%0.69%0.73%0.71%0.69%0.70%0.70%0.69%0.72%0.66%0.70%

2013

9,970.06%0.63%0.65%0.70%0.70%0.58%0.45%0.87%0.85%0.83%0.71%0.74%

Asset Allocation

AUM

₹2,443.74 Cr

Cash Holding

77.80%

Equity

1.00%

Cash

77.80%

Debt

21.95%

Other

0.25%


Sector Holdings

as of 30 Jun 2025

SectorsWeightage
Other100.00%

Stock Holdings

as of 30 Jun 2025

NameWeightage

K

Kotak Money Market Dir Gr

10.99%

H

HDFC Bank Limited

3.15%

P

Punjab National Bank (18/03/2026)

2.97%

A

Axis Bank Limited

2.10%

I

Indian Bank

2.08%

S

Small Industries Development Bank Of India

1.94%

S

Small Industries Development Bank Of India

1.91%

G

GOI TBILL 364D-21/05/26

1.85%

S

Small Industries Development Bank Of India

1.83%

U

Union Bank Of India

1.82%

G

GOI TBILL 364D-05/02/26

1.81%

H

HDFC Bank Limited

1.66%

5

515GS2025

1.44%

P

Punjab National Bank

1.40%

G

GOI TBILL 364D-29/01/26

1.40%

C

Canara Bank

1.39%

I

IDBI Bank Limited (Industrial Development Bank Of India Ltd)

1.39%

N

National Bank For Agriculture And Rural Development

1.39%

S

Small Industries Development Bank of India

1.39%

I

Indusind Bank Ltd.

1.38%

N

National Bank for Agriculture and Rural Development

1.38%

H

HDFC Bank Limited

1.37%

F

Federal Bank Ltd.

1.36%

U

Union Bank Of India

1.34%

I

Indian Oil Corp Ltd.

1.28%

B

Bharti Telecom Limited

1.13%

G

GOI TBILL 364D-04/12/25

1.13%

P

Panatone Finvest Limited

1.12%

U

Union Bank Of India

1.11%

I

Indusind Bank Ltd.

1.11%

N

National Bank For Agriculture And Rural Development

1.11%

A

Axis Bank Ltd.

1.09%

I

Indian Bank

0.98%

N

National Bank For Agriculture And Rural Development

0.98%

I

Indusind Bank Limited

0.98%

N

National Bank For Agriculture And Rural Development

0.97%

H

HDFC Bank Limited

0.97%

S

Small Industries Development Bank Of India

0.97%

U

UCO Bank

0.96%

N

National Bank for Agriculture and Rural Development

0.84%

C

Canara Bank

0.84%

G

GOI TBILL 364D-12/02/26

0.84%

A

Axis Bank Limited

0.83%

M

Mankind Pharma Limited

0.82%

G

GOI TBILL 364D-19/03/26

0.79%

H

HDFC Bank Limited

0.76%

K

Kotak Money Market Dir Gr

0.73%

T

Torrent Electricals Limited (27/08/2025) **

0.71%

R

Reliance Industries Ltd.

0.71%

I

Indusind Bank Limited

0.70%

S

Standard Chartered Capital Limited

0.70%

I

Icici Securities Limited

0.70%

B

Bharti Telecom Limited

0.70%

P

Punjab And Sind Bank

0.70%

G

GOI TBILL 364D-20/02/26

0.70%

G

GOI TBILL 364D-27/02/26

0.70%

B

Bharti Telecom Limited

0.69%

N

National Bank For Agriculture And Rural Development

0.69%

P

Punjab National Bank

0.69%

3

360 One Prime Ltd.

0.69%

M

Muthoot Finance Limited

0.63%

G

GOI TBILL 364D-12/03/26

0.62%

0

08.28 KA Sdl 2026

0.57%

P

Punjab National Bank

0.56%

P

Punjab National Bank

0.56%

A

Au Small Finance Bank Limited

0.56%

B

Birla Group Holdings Private Limited

0.56%

P

Piramal Capital & Housing Finance Ltd.

0.55%

C

Canara Bank

0.55%

C

Canara Bank (13/03/2026)

0.55%

P

Piramal Capital & Housing Finance Ltd.

0.55%

M

Motilal Oswal Financial Services Limited

0.55%

P

Piramal Capital & Housing Finance Ltd.

0.55%

C

Canara Bank**

0.55%

T

Tata Capital Ltd.

0.55%

S

Small Industries Development Bk Of India ** #

0.55%

M

Muthoot Finance Limited**

0.55%

A

AU Small Finance Bank Ltd.

0.55%

I

Icici Securities Limited

0.54%

R

Reliance Retail Ventures Limited

0.50%

N

National Bank for Agriculture and Rural Development

0.49%

U

Union Bank Of India

0.49%

S

Small Industries Development Bank Of India

0.49%

I

IDBI Bank Limited

0.48%

L

LIC Housing Finance Limited**

0.48%

H

Hero Fincorp Limited

0.42%

M

Muthoot Finance Limited

0.42%

M

Muthoot Finance Ltd.

0.42%

C

Canara Bank

0.42%

I

Indusind Bank Limited

0.42%

S

Small Industries Development Bank Of India

0.42%

I

Indian Bank

0.41%

I

Indusind Bank Ltd.

0.41%

M

Motilal Oswal Financial Services Limited

0.41%

M

Motilal Oswal Financial Services Limited

0.41%

H

HDFC Bank Ltd.

0.41%

T

Tata Capital Ltd.

0.41%

C

Cholamandalam Investment & Finance Co Ltd.

0.41%

0

08.07 Tn SDL 2026

0.40%

G

GOI TBILL 182D-18/12/25

0.40%

T

Triparty Repo

0.38%

B

Bank Of Baroda

0.35%

C

Canara Bank

0.35%

B

Birla Group Holdings Private Limited

0.34%

B

Barclays Investments & Loans (India) Private Limited

0.34%

0

08.24 Tn SDL 2025sep

0.33%

G

GOI TBILL 364D-04/06/26

0.32%

0

08.59 KA Sdl 2025

0.30%

S

Standard Chartered Capital Limited

0.28%

T

Tata Projects Limited

0.28%

H

Hero Fincorp Limited

0.28%

I

Icici Securities Limited

0.28%

J

Julius Baer Capital (India) Private Limited

0.28%

G

Godrej Housing Finance Limited

0.28%

H

Hero Fincorp Limited

0.28%

E

Export-Import Bank Of India

0.28%

U

Union Bank Of India

0.28%

B

Bank of Baroda

0.28%

M

Muthoot Finance Limited

0.28%

N

National Bank For Agriculture & Rural Development**

0.28%

M

Muthoot Finance Ltd.

0.28%

3

360 One Prime Ltd.

0.27%

B

Birla Group Holdings Private Limited

0.27%

G

GOI TBILL 364D-21/11/25

0.27%

S

SBI ALTERNATIVE INVESTMENT FUND

0.25%

0

08.39 MP Sdl 2026

0.22%

R

Reliance Retail Ventures Limited

0.21%

0

08.15 GJ Sdl 2025

0.21%

M

Muthoot Finance Limited

0.21%

0

08.38 HR Sdl 2026

0.15%

0

07.96 GJ Sdl 2025

0.14%

C

Canara Bank

0.14%

U

Union Bank Of India

0.14%

U

Union Bank Of India

0.14%

B

Bahadur Chand Investments Private Limited

0.14%

0

08.27 MP Sdl 2025

0.14%

0

06.90 Tn SDL 2025

0.10%

E

Export Import Bank Of India **

0.07%

I

Indian Bank

0.07%

B

Bank Of India

0.07%

S

Small Industries Development Bank Of India

0.07%

G

GOI TBILL 364D-06/11/25

0.06%

0

08.16 MH Sdl 2025

0.04%

0

07.97 Tn SDL 2025

0.03%

0

08.29 MH Sdl 2025

0.02%

N

Net Current Assets/(Liabilities)

0.02%

0

08.29 Tn SDL 2025aug

0.01%

G

Goi 12.04.2026 Gov

0.00%

I

Indusind Bank Limited

0.00%
SIP Logo

Start SIP with as Low as ₹100.


Fund Comparison

Sorted highest to lowest: 3Y Returns

1Y Returns

7.34%

3Y Returns

7.50%

5Y Returns

6.16%

1Y Returns

8.32%

3Y Returns

7.79%

5Y Returns

6.35%

1Y Returns

8.18%

3Y Returns

7.68%

5Y Returns

6.23%

1Y Returns

8.24%

3Y Returns

7.68%

5Y Returns

6.23%

1Y Returns

8.25%

3Y Returns

7.67%

5Y Returns

6.21%

1Y Returns

8.20%

3Y Returns

7.64%

5Y Returns

6.18%


Fund Managers

Mahesh A Chhabria

Name

Mahesh A Chhabria

Qualification

Masters in Management Studies (M.M.S)

Praveen Ayathan

Name

Praveen Ayathan

Qualification

B.Sc (Mathematics)

Mohd Asif Rizwi

Name

Mohd Asif Rizwi

Qualification

PGDM from IIM Calcutta & B. Tech (Chemical Engineering) from IIT Bombay


Fund Objective

To seek 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.There is no assurance that the investment objective of the scheme will be realized.


Risk-O-Meter

Investors understand that their principal will be at

Low Risk

Risk Scale

Low

Moderately Low

Moderate

Moderately High

High

Very High


AMC Information

HSBC Mutual Fund

Funds Managed

44

Assets Managed (₹ Cr)

₹ 1,39,976.73

Registered Address

locate

9-11 Floors, NESCO IT Park,Building no 3, Western ExpressHighway, Goregaon(East) Mumbai-400063


Top Funds from HSBC Mutual Fund

Sorted highest to lowest: 3Y Returns

1Y Returns

8.32%

3Y Returns

7.79%

5Y Returns

6.35%

1Y Returns

8.18%

3Y Returns

7.68%

5Y Returns

6.23%

1Y Returns

8.24%

3Y Returns

7.68%

5Y Returns

6.23%

1Y Returns

8.25%

3Y Returns

7.67%

5Y Returns

6.21%

1Y Returns

8.20%

3Y Returns

7.64%

5Y Returns

6.18%

1Y Returns

8.20%

3Y Returns

7.63%

5Y Returns

6.18%

1Y Returns

8.20%

3Y Returns

7.63%

5Y Returns

6.14%

1Y Returns

8.15%

3Y Returns

7.59%

5Y Returns

6.15%

1Y Returns

8.15%

3Y Returns

7.59%

5Y Returns

6.12%

1Y Returns

8.23%

3Y Returns

7.58%

5Y Returns

6.02%


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FAQs

HSBC Arbitrage Fund was launched on 30 Jun 2014.
The current NAV of HSBC Arbitrage Fund is ₹20.4159 as of 25 Jul 2025.
The latest value of AUM of HSBC Arbitrage Fund is ₹2,443.74 crores as of 25 Jul 2025.
The return on investment of HSBC Arbitrage Fund is:
  • In the past 1Y: 7.34%
  • In the past 3Y: 7.50%
  • In the past 5Y: 6.16%
The expense ratio of HSBC Arbitrage Fund is 0.23%.
The exit load of HSBC Arbitrage Fund is as follows:
Any Redemption / Switch-out Of Units On Or Before 1 Month From The Date Of Allotment: 0.25%|nil
The portfolio of HSBC Arbitrage Fund includes:

    Top 3 sectoral holdings include:
    1. Others: 111.74%
    On the risk scale of Low, Moderately Low, Moderate, Moderately High, High and Very High, the risk-o-meter of HSBC Arbitrage Fund is Low.
    The fund manager of HSBC Arbitrage Fund is Mahesh A Chhabria, Praveen Ayathan, Mohd Asif Rizwi.
    If you wish to invest in HSBC Arbitrage Fund, the minimum SIP amount is ₹500 and Lumpsum is ₹5,000.
    You can easily invest in mutual funds at 0% commission on Dhan. Here's how you can directly invest in HSBC Arbitrage Fund:
    • Open Demat Account on Dhan if you don't have one.
    • Analyze the fund performance.
    • Invest via SIP or Lumpsum.
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