HSBC Arbitrage Fund Regular Growth

Fund Overview

Fund Size

₹2,225 Cr

Expense Ratio

0.92%

ISIN

INF917K01QL8

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

30 Jun 2014

About this fund

HSBC Arbitrage Fund Regular Growth is a Arbitrage Fund mutual fund schemes offered by HSBC Mutual Fund. This fund has been in existence for 10 years, 7 months and 23 days, having been launched on 30-Jun-14.
As of 21-Feb-25, it has a Net Asset Value (NAV) of ₹18.56, Assets Under Management (AUM) of 2225.37 Crores, and an expense ratio of 0.92%.

HSBC Arbitrage Fund Regular Growth has given a CAGR return of 5.98% since inception.
The fund's asset allocation comprises around 76.15% in equities, 4.62% in debts, and 19.18% in cash & cash equivalents.
You can start investing in HSBC Arbitrage Fund Regular Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+6.99%

+6.85% (Cat Avg.)

3 Years

+6.23%

+6.28% (Cat Avg.)

5 Years

+5.36%

+5.27% (Cat Avg.)

10 Years

+5.84%

+5.80% (Cat Avg.)

Since Inception

+5.98%

— (Cat Avg.)

Portfolio Summaryas of 31st January 2025

Equity	₹1,694.62 Cr	76.15%
Debt	₹102.88 Cr	4.62%
Others	₹427.87 Cr	19.23%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
HSBC Liquid Dir Gr	Mutual Fund - Open End	₹248.39 Cr	11.16%
Bank of Baroda	Equity	₹133.57 Cr	6.00%
Reliance Industries Ltd	Equity	₹112.15 Cr	5.04%
IndusInd Bank Ltd	Equity	₹103.48 Cr	4.65%
HSBC Ultra Short Duration Gr Dir	Mutual Fund - Open End	₹88.81 Cr	3.99%
HSBC Banking & PSU Debt Dir Gr	Mutual Fund - Open End	₹76.54 Cr	3.44%
ICICI Bank Ltd	Equity	₹75.59 Cr	3.40%
State Bank of India	Equity	₹72 Cr	3.24%
Punjab National Bank	Equity	₹68.74 Cr	3.09%
Kotak Mahindra Bank Ltd	Equity	₹67.46 Cr	3.03%
Axis Bank Ltd	Equity	₹60.46 Cr	2.72%
Tata Power Co Ltd	Equity	₹55.65 Cr	2.50%
Treps	Cash - Repurchase Agreement	₹55.28 Cr	2.48%
Bandhan Bank Ltd	Equity	₹48.41 Cr	2.18%
Tata Motors Ltd	Equity	₹47.62 Cr	2.14%
ICICI Bank Ltd.	Cash - CD/Time Deposit	₹47.2 Cr	2.12%
Laurus Labs Ltd	Equity	₹46.76 Cr	2.10%
Vedanta Ltd	Equity	₹40.41 Cr	1.82%
Aditya Birla Fashion and Retail Ltd	Equity	₹34.75 Cr	1.56%
Canara Bank	Equity	₹33.93 Cr	1.52%
Net Current Assets (Including Cash & Bank Balances)	Cash	₹-32.87 Cr	1.48%
Grasim Industries Ltd	Equity	₹31.86 Cr	1.43%
HDFC Bank Ltd	Equity	₹31.67 Cr	1.42%
Jio Financial Services Ltd	Equity	₹31.66 Cr	1.42%
Tata Communications Ltd	Equity	₹29.27 Cr	1.32%
REC Ltd	Equity	₹29.15 Cr	1.31%
Crompton Greaves Consumer Electricals Ltd	Equity	₹27.82 Cr	1.25%
Biocon Ltd	Equity	₹24.74 Cr	1.11%
Axis Bank Limited	Cash - CD/Time Deposit	₹23.92 Cr	1.07%
Small Industries Development Bank Of India	Cash - CD/Time Deposit	₹23.49 Cr	1.06%
Cholamandalam Investment and Finance Co Ltd	Equity	₹23.23 Cr	1.04%
City Union Bank Ltd	Equity	₹22.41 Cr	1.01%
Navin Fluorine International Ltd	Equity	₹21.85 Cr	0.98%
NMDC Ltd	Equity	₹19.63 Cr	0.88%
Indian Energy Exchange Ltd	Equity	₹17.48 Cr	0.79%
Aditya Birla Capital Ltd	Equity	₹16.95 Cr	0.76%
DLF Ltd	Equity	₹16.66 Cr	0.75%
NTPC Ltd	Equity	₹16.43 Cr	0.74%
JSW Steel Ltd	Equity	₹16.14 Cr	0.73%
ITC Ltd	Equity	₹15.47 Cr	0.69%
Atul Ltd	Equity	₹15.27 Cr	0.69%
Bajaj Finance Ltd	Equity	₹14.29 Cr	0.64%
Indus Towers Ltd Ordinary Shares	Equity	₹13.28 Cr	0.60%
Bharat Heavy Electricals Ltd	Equity	₹13.27 Cr	0.60%
MRF Ltd	Equity	₹12.44 Cr	0.56%
Exide Industries Ltd	Equity	₹9.3 Cr	0.42%
TVS Motor Co Ltd	Equity	₹9.2 Cr	0.41%
Power Finance Corp Ltd	Equity	₹8.62 Cr	0.39%
Havells India Ltd	Equity	₹8.22 Cr	0.37%
Bajaj Auto Ltd	Equity	₹8.16 Cr	0.37%
IDFC First Bank Ltd	Equity	₹7.83 Cr	0.35%
Aurobindo Pharma Ltd	Equity	₹7.61 Cr	0.34%
Tata Consultancy Services Ltd	Equity	₹7.56 Cr	0.34%
Ramco Cements Ltd	Equity	₹6.4 Cr	0.29%
Coromandel International Ltd	Equity	₹6.33 Cr	0.28%
Indian Oil Corp Ltd	Equity	₹6.2 Cr	0.28%
Larsen & Toubro Ltd	Equity	₹5.78 Cr	0.26%
Mahindra & Mahindra Ltd	Equity	₹5.7 Cr	0.26%
One97 Communications Ltd	Equity	₹5.65 Cr	0.25%
Granules India Ltd	Equity	₹5.56 Cr	0.25%
ICICI Prudential Life Insurance Co Ltd	Equity	₹5.54 Cr	0.25%
Zydus Lifesciences Ltd	Equity	₹5.33 Cr	0.24%
Mahanagar Gas Ltd	Equity	₹5.3 Cr	0.24%
Steel Authority Of India Ltd	Equity	₹5.29 Cr	0.24%
Tata Steel Ltd	Equity	₹5.26 Cr	0.24%
Jubilant Foodworks Ltd	Equity	₹5.19 Cr	0.23%
ABB India Ltd	Equity	₹5.07 Cr	0.23%
Hindustan Unilever Ltd	Equity	₹4.81 Cr	0.22%
Pidilite Industries Ltd	Equity	₹4.74 Cr	0.21%
Dabur India Ltd	Equity	₹4.44 Cr	0.20%
Godrej Properties Ltd	Equity	₹3.88 Cr	0.17%
Lupin Ltd	Equity	₹3.71 Cr	0.17%
Container Corporation of India Ltd	Equity	₹3.67 Cr	0.16%
GAIL (India) Ltd	Equity	₹3.5 Cr	0.16%
Info Edge (India) Ltd	Equity	₹3.42 Cr	0.15%
HCL Technologies Ltd	Equity	₹3.32 Cr	0.15%
Bharti Airtel Ltd	Equity	₹2.94 Cr	0.13%
HDFC Asset Management Co Ltd	Equity	₹2.84 Cr	0.13%
Max Healthcare Institute Ltd Ordinary Shares	Equity	₹2.84 Cr	0.13%
Oil India Ltd	Equity	₹2.8 Cr	0.13%
Gujarat Narmada Valley Fertilizers & Chemicals Ltd	Equity	₹2.74 Cr	0.12%
HDFC Life Insurance Co Ltd	Equity	₹2.74 Cr	0.12%
Coforge Ltd	Equity	₹1.98 Cr	0.09%
Mphasis Ltd	Equity	₹1.97 Cr	0.09%
Siemens Ltd	Equity	₹1.96 Cr	0.09%
Manappuram Finance Ltd	Equity	₹1.94 Cr	0.09%
Cipla Ltd	Equity	₹1.88 Cr	0.08%
Torrent Pharmaceuticals Ltd	Equity	₹1.8 Cr	0.08%
Astral Ltd	Equity	₹1.71 Cr	0.08%
Wipro Ltd	Equity	₹1.68 Cr	0.08%
JSW Energy Ltd	Equity	₹1.64 Cr	0.07%
Titan Co Ltd	Equity	₹1.59 Cr	0.07%
LIC Housing Finance Ltd	Equity	₹1.5 Cr	0.07%
Avenue Supermarts Ltd	Equity	₹1.1 Cr	0.05%
Bosch Ltd	Equity	₹1.08 Cr	0.05%
Syngene International Ltd	Equity	₹1.05 Cr	0.05%
APL Apollo Tubes Ltd	Equity	₹1 Cr	0.05%
Eicher Motors Ltd	Equity	₹0.91 Cr	0.04%
Varun Beverages Ltd	Equity	₹0.8 Cr	0.04%
Hindustan Copper Ltd	Equity	₹0.76 Cr	0.03%
CESC Ltd	Equity	₹0.75 Cr	0.03%
UltraTech Cement Ltd	Equity	₹0.69 Cr	0.03%
UPL Ltd	Equity	₹0.65 Cr	0.03%
Bank of India	Equity	₹0.65 Cr	0.03%
Nestle India Ltd	Equity	₹0.65 Cr	0.03%
Metropolis Healthcare Ltd	Equity	₹0.57 Cr	0.03%
Tube Investments of India Ltd Ordinary Shares	Equity	₹0.55 Cr	0.02%
Power Grid Corp Of India Ltd	Equity	₹0.54 Cr	0.02%
The Federal Bank Ltd	Equity	₹0.47 Cr	0.02%
Asian Paints Ltd	Equity	₹0.41 Cr	0.02%
Oil & Natural Gas Corp Ltd	Equity	₹0.4 Cr	0.02%
Cummins India Ltd	Equity	₹0.35 Cr	0.02%
Trent Ltd	Equity	₹0.35 Cr	0.02%
SBI Life Insurance Co Ltd	Equity	₹0.28 Cr	0.01%
HFCL Ltd	Equity	₹0.2 Cr	0.01%
Godrej Consumer Products Ltd	Equity	₹0.17 Cr	0.01%
Divi's Laboratories Ltd	Equity	₹0.17 Cr	0.01%
Hindalco Industries Ltd	Equity	₹0.17 Cr	0.01%
Indian Hotels Co Ltd	Equity	₹0.15 Cr	0.01%
Glenmark Pharmaceuticals Ltd	Equity	₹0.14 Cr	0.01%
Phoenix Mills Ltd	Equity	₹0.11 Cr	0.01%
Yes Bank Ltd	Equity	₹0.1 Cr	0.00%
BSE Ltd	Equity	₹0.07 Cr	0.00%
KPIT Technologies Ltd	Equity	₹0.06 Cr	0.00%
L&T Technology Services Ltd	Equity	₹0.05 Cr	0.00%
ICICI Lombard General Insurance Co Ltd	Equity	₹0.05 Cr	0.00%
Aarti Industries Ltd	Equity	₹0.04 Cr	0.00%
Voltas Ltd	Equity	₹0.04 Cr	0.00%

Allocation By Market Cap (Equity)

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹883.1 Cr	39.68%
Basic Materials	₹179.65 Cr	8.07%
Consumer Cyclical	₹164.26 Cr	7.38%
Energy	₹121.56 Cr	5.46%
Healthcare	₹102.16 Cr	4.59%
Utilities	₹83.81 Cr	3.77%
Communication Services	₹48.91 Cr	2.20%
Industrials	₹40.62 Cr	1.83%
Consumer Defensive	₹27.43 Cr	1.23%
Technology	₹22.48 Cr	1.01%
Real Estate	₹20.65 Cr	0.93%

Risk & Performance Ratios

Fund Managers

Mahesh Chhabria

Since July 2023

Praveen Ayathan

Since June 2014

Hitesh Gondhia

Since October 2023

Mohd Asif Rizwi

Since February 2025

Additional Scheme Detailsas of 31st January 2025

ISIN

INF917K01QL8

Expense Ratio

0.92%

Exit Load

No Charges

Fund Size

₹2,225 Cr

Age

10 years 7 months

Lumpsum Minimum

₹5,000

Fund Status

Open Ended Investment Company

Benchmark

NIFTY 50 Arbitrage TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Arbitrage Fund Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Sundaram Arbitrage Fund Regular Growth Low Risk	1.0%	0.0%	₹215.76 Cr	7.0%
Sundaram Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹215.76 Cr	7.7%
Bank of India Arbitrage Fund Direct Growth Low Risk	0.5%	0.0%	₹43.60 Cr	7.5%
Bank of India Arbitrage Fund Regular Growth Low Risk	0.9%	0.0%	₹43.60 Cr	6.8%
Mirae Asset Arbitrage Fund Direct Growth Low Risk	0.1%	0.0%	₹2900.03 Cr	8.0%
Mirae Asset Arbitrage Fund Regular Growth Low Risk	0.9%	0.0%	₹2900.03 Cr	7.1%
Tata Arbitrage Fund Regular Growth Low Risk	1.1%	0.0%	₹12921.02 Cr	7.2%
Tata Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹12921.02 Cr	8.0%
Mahindra Manulife Arbitrage Fund Direct Growth Low Risk	0.4%	0.0%	₹108.11 Cr	6.7%
Mahindra Manulife Arbitrage Fund Regular Growth Low Risk	1.2%	0.0%	₹108.11 Cr	5.9%

About the AMC

HSBC Mutual Fund

+91 22 66145000

https://www.assetmanagement.hsbc.co.in/en/mutual-funds

Total AUM

₹1,30,397 Cr

Address

16, V N Road, Mumbai, 400 001

Other Funds by HSBC Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
HSBC Consumption Fund Direct Growth Very High Risk	0.7%	1.0%	₹1480.05 Cr	10.7%
HSBC Balanced Advantage Fund Direct Growth Moderately High risk	0.8%	1.0%	₹1484.41 Cr	7.1%
HSBC Infrastructure Fund Direct Growth Very High Risk	1.0%	1.0%	₹2305.66 Cr	6.2%
HSBC Aggressive Hybrid Fund Direct Growth Very High Risk	0.8%	1.0%	₹5282.44 Cr	6.0%
HSBC Value Fund Direct Growth Very High Risk	0.8%	1.0%	₹12848.97 Cr	4.7%
HSBC Credit Risk Fund Direct Growth Moderately High risk	0.9%	3.0%	₹583.92 Cr	8.0%
HSBC Banking & PSU Debt Direct Growth Moderate Risk	0.2%	0.0%	₹4128.58 Cr	7.5%
HSBC Midcap Fund Direct Growth Very High Risk	0.7%	1.0%	₹10752.86 Cr	6.6%
HSBC ELSS Fund Direct Growth Very High Risk	1.1%	0.0%	₹3977.42 Cr	12.9%
HSBC Equity Savings Fund Direct Growth Moderate Risk	0.6%	0.0%	₹645.87 Cr	10.1%
HSBC Low Duration Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹538.02 Cr	7.9%
HSBC Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹3712.11 Cr	8.0%
HSBC Corporate Bond Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹5826.55 Cr	8.1%
HSBC Dynamic Bond Fund Direct Growth Moderate Risk	0.2%	0.0%	₹157.91 Cr	8.1%
HSBC Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹2456.27 Cr	7.7%
HSBC Gilt Fund Direct Growth Moderate Risk	0.5%	0.0%	₹260.95 Cr	7.7%
HSBC Medium Duration Direct Growth Moderate Risk	0.4%	0.0%	₹744.08 Cr	8.5%
HSBC Focused Fund Direct Growth Very High Risk	0.9%	1.0%	₹1627.93 Cr	3.5%
HSBC Business Cycles Fund Direct Growth Very High Risk	1.2%	1.0%	₹958.69 Cr	8.5%
HSBC Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹3086.96 Cr	6.7%
HSBC Conservative Hybrid Fund Direct Growth Moderately High risk	1.3%	0.0%	₹151.43 Cr	10.1%
HSBC Large Cap Fund Direct Growth Very High Risk	1.2%	1.0%	₹1827.54 Cr	4.6%
HSBC Global Emerging Markets Fund Direct Growth Very High Risk	0.8%	1.0%	₹35.18 Cr	22.5%
HSBC Brazil Fund Direct Growth Very High Risk	1.0%	1.0%	₹50.05 Cr	-10.3%
HSBC Medium to Long Duration Fund Direct Growth Moderate Risk	0.7%	0.0%	₹48.51 Cr	7.9%
HSBC Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹21378.69 Cr	7.4%
HSBC Flexi Cap Fund Direct Growth Very High Risk	1.2%	1.0%	₹4680.33 Cr	5.9%
HSBC Tax Saver Equity Fund Direct Growth Very High Risk	1.6%	0.0%	₹236.36 Cr	11.2%
HSBC Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹2625.45 Cr	7.7%
HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹1890.59 Cr	8.2%
HSBC Small Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹15453.03 Cr	0.7%
HSBC Global Equity Climate Change Fund of Fund Direct Growth Very High Risk	0.8%	1.0%	₹66.83 Cr	10.5%
HSBC Managed Solutions India Conservative Direct Growth Moderately High risk	0.1%	1.0%	₹21.13 Cr	7.9%
HSBC Managed Solutions India Moderate Direct Growth High Risk	0.1%	1.0%	₹56.81 Cr	5.9%
HSBC Managed Solutions India Growth Direct Growth Very High Risk	0.1%	1.0%	₹39.57 Cr	5.1%
HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹194.80 Cr	7.9%
HSBC Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹2225.37 Cr	7.7%
HSBC Nifty Next 50 Index Fund Direct Growth Very High Risk	0.3%	1.0%	₹124.26 Cr	3.6%
HSBC Nifty 50 Index Fund Direct Growth Very High Risk	0.2%	1.0%	₹292.73 Cr	4.4%
HSBC Large & Mid Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹3873.33 Cr	8.8%
HSBC Multi Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹4253.86 Cr	4.5%
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund Direct Growth Very High Risk	1.0%	1.0%	₹8.25 Cr	18.3%

Risk Level

Your principal amount will be at Low Risk

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Still got questions?
We're here to help.

What is the current NAV of HSBC Arbitrage Fund Regular Growth?

The NAV of HSBC Arbitrage Fund Regular Growth, as of 21-Feb-2025, is ₹18.56.

What are the returns of HSBC Arbitrage Fund Regular Growth?

The fund has generated 6.99% over the last 1 year and 6.23% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of HSBC Arbitrage Fund Regular Growth?

The fund's allocation of assets is distributed as 76.15% in equities, 4.62% in bonds, and 19.18% in cash and cash equivalents.

Who manages the HSBC Arbitrage Fund Regular Growth?

The fund managers responsible for HSBC Arbitrage Fund Regular Growth are:-

Mahesh Chhabria
Praveen Ayathan
Hitesh Gondhia
Mohd Asif Rizwi

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Fund Overview

Fund Size

₹2,225 Cr

Expense Ratio

0.92%

ISIN

INF917K01QL8

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

30 Jun 2014

Risk Level

Your principal amount will be at Low Risk