HSBC Arbitrage Fund - Direct Plan - Quarterly IDCW
HSBC Mutual Fund · Arbitrage Fund · Direct · IDCW
NAV · as of 11/09/2026
10.88
1D
-0.23%1Y
-2.77%Key stats
- Expense ratio
- 1.45%
- AUM
- ₹3.00 K Cr
- Launched
- 30/06/2014
- Fund manager
- Mahesh Chhabria; Praveen Ayathan; Mohd Asif Rizwi
- Portfolio turnover
- 2.37%
- Risk
- Low Risk
- Min lump-sum
- ₹5,000
- Min SIP
- ₹500/mo
- Fresh lump-sum
- Accepted
- Fresh SIP
- Accepted
NAV history
HSBC Arbitrage Fund - Direct Plan - Quarterly IDCW
13/08/2026 to 11/09/2026
O - H - L -
Top holdings
293 disclosed- 1.68.41%
Cash Offset For Derivatives
- 2.17.41%
HSBC Money Market Dir Gr
- 3.5.41%
Future on HDFC Bank Ltd
- 4.5.37%
HDFC Bank Ltd
Financial Services
- 5.4.36%
Future on ICICI Bank Ltd
- 6.4.33%
ICICI Bank Ltd
Financial Services
- 7.3.62%
Future on Bandhan Bank Ltd
- 8.3.61%
Bandhan Bank Ltd
Financial Services
- 9.3.02%
Future on Adani Energy Solutions Ltd
- 10.3.00%
Adani Energy Solutions Ltd
Utilities
- 11.2.78%
Future on Steel Authority Of India Ltd
- 12.2.76%
Steel Authority Of India Ltd
Basic Materials
- 13.2.72%
Future on Yes Bank Ltd
- 14.2.70%
Yes Bank Ltd
Financial Services
- 15.2.46%
Indian Bank
- 16.2.43%
National Bank for Agriculture and Rural Development
- 17.2.16%
Nmdc Limited
- 18.2.14%
NMDC Ltd
Basic Materials
- 19.2.14%
Future on Godrej Properties Ltd
- 20.2.14%
Godrej Properties Ltd
Real Estate
- 21.2.13%
HSBC Ultra S/D Gr Dir
- 22.1.73%
Future on Adani Power Ltd
- 23.1.72%
Treps
- 24.1.71%
Adani Power Ltd
Utilities
- 25.1.70%
Future on Reliance Industries Ltd
- 26.1.69%
Reliance Industries Ltd
Energy
- 27.1.64%
Future on Eternal Ltd
- 28.1.64%
Axis Bank Limited
- 29.1.63%
Eternal Ltd
Consumer Cyclical
- 30.1.63%
Bank Of Baroda
- 31.1.56%
Crompton Greaves Consumer Electricals Ltd
Consumer Cyclical
- 32.1.56%
Future on Crompton Greaves Consumer Electricals Ltd
- 33.1.50%
Future on NBCC India Ltd
- 34.1.49%
NBCC India Ltd
Industrials
- 35.1.48%
Future on Jio Financial Services Ltd
- 36.1.48%
Future on Punjab National Bank
- 37.1.47%
Jio Financial Services Ltd
Financial Services
- 38.1.47%
Punjab National Bank
Financial Services
- 39.1.39%
Future on JSW Steel Ltd
- 40.1.39%
JSW Steel Ltd
Basic Materials
- 41.1.39%
Future on Adani Enterprises Ltd
- 42.1.38%
Adani Enterprises Ltd
Energy
- 43.1.30%
Future on Glenmark Pharmaceuticals Ltd
- 44.1.29%
Glenmark Pharmaceuticals Ltd
Healthcare
- 45.1.10%
Future on RBL Bank Ltd
- 46.1.09%
RBL Bank Ltd
Financial Services
- 47.1.08%
Future on IDFC First Bank Ltd
- 48.1.07%
IDFC First Bank Ltd
Financial Services
- 49.1.04%
Future on ITC Hotels Ltd
- 50.1.03%
ITC Ltd
Consumer Defensive
- 51.0.99%
Future on AU Small Finance Bank Ltd
- 52.0.99%
AU Small Finance Bank Ltd
Financial Services
- 53.0.97%
Future on Container Corporation of India Ltd
- 54.0.97%
Container Corporation of India Ltd
Industrials
- 55.0.95%
Future on HDFC Asset Management Co Ltd
- 56.0.94%
HDFC Asset Management Co Ltd
Financial Services
- 57.0.83%
Small Industries Development Bank Of India
- 58.0.83%
Axis Bank Ltd
- 59.0.82%
Axis Bank Ltd
- 60.0.82%
Future on Biocon Ltd
- 61.0.82%
Small Industries Development Bank Of India
- 62.0.81%
Biocon Ltd
Healthcare
- 63.0.76%
Indus Towers Limited
- 64.0.76%
Future on State Bank of India
- 65.0.76%
Indus Towers Ltd Ordinary Shares
Communication Services
- 66.0.75%
State Bank of India
Financial Services
- 67.0.72%
Net Current Assets (Including Cash & Bank Balances)
- 68.0.72%
Future on Laurus Labs Ltd
- 69.0.72%
Future on Bajaj Finance Ltd
- 70.0.72%
Laurus Labs Ltd
Healthcare
- 71.0.72%
Bajaj Finance Ltd
Financial Services
- 72.0.68%
Future on Indian Energy Exchange Ltd
- 73.0.67%
Indian Energy Exchange Ltd
Financial Services
- 74.0.67%
Future on Manappuram Finance Ltd
- 75.0.67%
Future on Canara Bank
- 76.0.66%
Manappuram Finance Ltd
Financial Services
- 77.0.66%
Canara Bank
Financial Services
- 78.0.59%
Future on Ambuja Cements Ltd
- 79.0.58%
Ambuja Cements Ltd
Basic Materials
- 80.0.52%
Future on Bank of India
- 81.0.52%
Future on National Aluminium Co Ltd
- 82.0.52%
Future on Aurobindo Pharma Ltd
- 83.0.52%
National Aluminium Co Ltd
Basic Materials
- 84.0.52%
Bank of India
Financial Services
- 85.0.52%
Aurobindo Pharma Ltd
Healthcare
- 86.0.50%
Future on Havells India Ltd
- 87.0.50%
Future on Zydus Lifesciences Ltd
- 88.0.50%
Havells India Ltd
Industrials
- 89.0.50%
Zydus Lifesciences Ltd
Healthcare
- 90.0.48%
Future on Kotak Mahindra Bank Ltd
- 91.0.48%
Kotak Mahindra Bank Ltd
Financial Services
- 92.0.47%
Future on Axis Bank Ltd
- 93.0.47%
Future on Tata Motors Passenger Vehicles Ltd
- 94.0.47%
Axis Bank Ltd
Financial Services
- 95.0.47%
Tata Motors Passenger Vehicles Ltd
Consumer Cyclical
- 96.0.47%
Future on Hindalco Industries Ltd
- 97.0.47%
Hindalco Industries Ltd
Basic Materials
- 98.0.44%
Future on CG Power & Industrial Solutions Ltd
- 99.0.43%
CG Power & Industrial Solutions Ltd
Industrials
- 100.0.41%
Future on Inox Wind Ltd
- 101.0.41%
Inox Wind Ltd
Industrials
- 102.0.39%
Future on Hindustan Zinc Ltd
- 103.0.39%
Hindustan Zinc Ltd
Basic Materials
- 104.0.38%
Future on Varun Beverages Ltd
- 105.0.38%
Varun Beverages Ltd
Consumer Defensive
- 106.0.36%
Future on Vodafone Idea Ltd
- 107.0.35%
Vodafone Idea Ltd
Communication Services
- 108.0.35%
Future on Max Financial Services Ltd
- 109.0.34%
Max Financial Services Ltd
Financial Services
- 110.0.32%
The Indian Hotels Company Limited
- 111.0.32%
Indian Hotels Co Ltd
Consumer Cyclical
- 112.0.29%
The Tata Power Company Limited
- 113.0.29%
Tata Power Co Ltd
Utilities
- 114.0.29%
Future on Apollo Hospitals Enterprise Ltd
- 115.0.28%
Apollo Hospitals Enterprise Ltd
Healthcare
- 116.0.27%
Future on Adani Green Energy Ltd
- 117.0.27%
Adani Green Energy Ltd
Utilities
- 118.0.26%
Future on HDFC Life Insurance Co Ltd
- 119.0.26%
HDFC Life Insurance Co Ltd
Financial Services
- 120.0.25%
DLF Ltd
Real Estate
- 121.0.25%
Future on DLF Ltd
- 122.0.25%
Cummins India Ltd
Industrials
- 123.0.25%
Future on Cummins India Ltd
- 124.0.24%
Future on Ashok Leyland Ltd
- 125.0.24%
Future on Computer Age Management Services Ltd Ordinary Shares
- 126.0.24%
Computer Age Management Services Ltd Ordinary Shares
Technology
- 127.0.24%
Ashok Leyland Ltd
Industrials
- 128.0.22%
Future on Bharat Heavy Electricals Ltd
- 129.0.22%
Future on PNB Housing Finance Ltd
- 130.0.22%
PNB Housing Finance Ltd
Financial Services
- 131.0.22%
Bharat Heavy Electricals Ltd
Industrials
- 132.0.21%
Future on Bharat Electronics Ltd
- 133.0.21%
Future on Tata Consumer Products Ltd
- 134.0.21%
Bharat Electronics Ltd
Industrials
- 135.0.21%
Tata Consumer Products Ltd
Consumer Defensive
- 136.0.21%
The Phoenix Mills Limited
- 137.0.21%
Phoenix Mills Ltd
Real Estate
- 138.0.20%
Future on Bank of Baroda
- 139.0.20%
Bank of Baroda
Financial Services
- 140.0.19%
Future on Info Edge (India) Ltd
- 141.0.19%
Info Edge (India) Ltd
Communication Services
- 142.0.17%
Future on Adani Ports & Special Economic Zone Ltd
- 143.0.17%
Adani Ports & Special Economic Zone Ltd
Industrials
- 144.0.16%
Dabur India Ltd
Consumer Defensive
- 145.0.16%
Future on Dabur India Ltd
- 146.0.15%
Future on Cholamandalam Investment and Finance Co Ltd
- 147.0.15%
Future on TVS Motor Co Ltd
- 148.0.15%
Cholamandalam Investment and Finance Co Ltd
Financial Services
- 149.0.15%
TVS Motor Co Ltd
Consumer Cyclical
- 150.0.15%
Future on Divi's Laboratories Ltd
- 151.0.15%
Divi's Laboratories Ltd
Healthcare
- 152.0.15%
Future on Exide Industries Ltd
- 153.0.15%
Exide Industries Ltd
Consumer Cyclical
- 154.0.15%
Future on Hitachi Energy India Ltd Ordinary Shares
- 155.0.15%
Hitachi Energy India Ltd Ordinary Shares
Industrials
- 156.0.13%
Future on Lodha Developers Ltd
- 157.0.13%
Future on Oil & Natural Gas Corp Ltd
- 158.0.13%
Lodha Developers Ltd
Real Estate
- 159.0.13%
Oil & Natural Gas Corp Ltd
Energy
- 160.0.13%
Future on Kalyan Jewellers India Ltd
- 161.0.13%
Kalyan Jewellers India Ltd
Consumer Cyclical
- 162.0.12%
Future on Aditya Birla Capital Ltd
- 163.0.12%
Aditya Birla Capital Ltd
Financial Services
- 164.0.11%
Future on Hindustan Petroleum Corp Ltd
- 165.0.11%
Future on Indian Bank
- 166.0.11%
Hindustan Petroleum Corp Ltd
Energy
- 167.0.11%
Indian Bank
Financial Services
- 168.0.10%
Future on Coal India Ltd
- 169.0.10%
Future on Amber Enterprises India Ltd Ordinary Shares
- 170.0.09%
Coal India Ltd
Energy
- 171.0.09%
Amber Enterprises India Ltd Ordinary Shares
Consumer Cyclical
- 172.0.09%
Future on Union Bank of India
- 173.0.09%
Union Bank of India
Financial Services
- 174.0.09%
Future on Shriram Finance Ltd
- 175.0.09%
Shriram Finance Ltd
Financial Services
- 176.0.09%
Future on Swiggy Ltd
- 177.0.09%
Swiggy Ltd
Consumer Cyclical
- 178.0.08%
Future on SBI Life Insurance Co Ltd
- 179.0.08%
SBI Life Insurance Co Ltd
Financial Services
- 180.0.08%
Mahindra & Mahindra Ltd
Consumer Cyclical
- 181.0.08%
Future on Mahindra & Mahindra Ltd
- 182.0.07%
Future on Bajaj Finserv Ltd
- 183.0.07%
Bajaj Finserv Ltd
Financial Services
- 184.0.07%
Future on Bajaj Holdings and Investment Ltd
- 185.0.07%
Bajaj Holdings and Investment Ltd
Financial Services
- 186.0.07%
United Spirits Ltd
Consumer Defensive
- 187.0.07%
Future on United Spirits Ltd
- 188.0.06%
Future on Godrej Consumer Products Ltd
- 189.0.06%
Godrej Consumer Products Ltd
Consumer Defensive
- 190.0.06%
Future on GE Vernova T&D India Ltd
- 191.0.06%
GE Vernova T&D India Ltd
Industrials
- 192.0.06%
Future on Hyundai Motor India Ltd
- 193.0.06%
Hyundai Motor India Ltd
Consumer Cyclical
- 194.0.06%
Future on Eicher Motors Ltd
- 195.0.06%
Eicher Motors Ltd
Consumer Cyclical
- 196.0.05%
Radico Khaitan Ltd
Consumer Defensive
- 197.0.05%
Future on Radico Khaitan Ltd
- 198.0.05%
Future on Pidilite Industries Ltd
- 199.0.05%
Pidilite Industries Ltd
Basic Materials
- 200.0.05%
Indian Oil Corporation Limited
- 201.0.05%
Indian Oil Corp Ltd
Energy
- 202.0.05%
Future on Supreme Industries Ltd
- 203.0.05%
Supreme Industries Ltd
Industrials
- 204.0.05%
Future on UltraTech Cement Ltd
- 205.0.05%
UltraTech Cement Ltd
Basic Materials
- 206.0.05%
Future on NTPC Ltd
- 207.0.05%
NTPC Ltd
Utilities
- 208.0.04%
Future on Hindustan Aeronautics Ltd Ordinary Shares
- 209.0.04%
Hindustan Aeronautics Ltd Ordinary Shares
Industrials
- 210.0.04%
Future on Suzlon Energy Ltd
- 211.0.04%
Suzlon Energy Ltd
Industrials
- 212.0.03%
Future on Jindal Steel Ltd
- 213.0.03%
Jindal Steel Ltd
Basic Materials
- 214.0.03%
Future on The Federal Bank Ltd
- 215.0.03%
The Federal Bank Ltd
Financial Services
- 216.0.03%
Future on Tata Steel Ltd
- 217.0.03%
Tata Steel Ltd
Basic Materials
- 218.0.03%
Future on APL Apollo Tubes Ltd
- 219.0.03%
APL Apollo Tubes Ltd
Basic Materials
- 220.0.03%
Future on Prestige Estates Projects Ltd
- 221.0.03%
Prestige Estates Projects Ltd
Real Estate
- 222.0.03%
Future on Hindustan Unilever Ltd
- 223.0.03%
Hindustan Unilever Ltd
Consumer Defensive
- 224.0.03%
UPL Ltd
Basic Materials
- 225.0.03%
Future on Maruti Suzuki India Ltd
- 226.0.03%
Maruti Suzuki India Ltd
Consumer Cyclical
- 227.0.03%
Upl Limited
- 228.0.03%
Future on ICICI Prudential Life Insurance Co Ltd
- 229.0.03%
ICICI Prudential Life Insurance Co Ltd
Financial Services
- 230.0.03%
Future on 360 One Wam Ltd Ordinary Shares
- 231.0.03%
360 One Wam Ltd Ordinary Shares
Financial Services
- 232.0.03%
Marico Limited
- 233.0.03%
Future on Bosch Ltd
- 234.0.03%
Marico Ltd
Consumer Defensive
- 235.0.03%
Bosch Ltd
Consumer Cyclical
- 236.0.03%
Future on UNO Minda Ltd
- 237.0.03%
UNO Minda Ltd
Consumer Cyclical
- 238.0.03%
Future on Nestle India Ltd
- 239.0.03%
Nestle India Ltd
Consumer Defensive
- 240.0.03%
Future on JSW Energy Ltd
- 241.0.03%
JSW Energy Ltd
Utilities
- 242.0.03%
Future on One97 Communications Ltd
- 243.0.03%
One97 Communications Ltd
Technology
- 244.0.02%
Future on Petronet LNG Ltd
- 245.0.02%
Petronet LNG Ltd
Energy
- 246.0.01%
Future on Oberoi Realty Ltd
- 247.0.01%
Oberoi Realty Ltd
Real Estate
- 248.0.01%
Future on ICICI Lombard General Insurance Co Ltd
- 249.0.01%
ICICI Lombard General Insurance Co Ltd
Financial Services
- 250.0.01%
Angel One Limited
- 251.0.01%
Angel One Ltd Ordinary Shares
Financial Services
- 252.0.01%
Future on Mphasis Ltd
- 253.0.01%
Mphasis Ltd
Technology
- 254.0.01%
Future on Motilal Oswal Financial Services Ltd
- 255.0.01%
Motilal Oswal Financial Services Ltd
Financial Services
- 256.0.01%
Cipla Ltd
Healthcare
- 257.0.01%
Future on Cipla Ltd
- 258.0.01%
Future on InterGlobe Aviation Ltd
- 259.0.01%
InterGlobe Aviation Ltd
Industrials
- 260.0.01%
Future on Dalmia Bharat Ltd
- 261.0.01%
Dalmia Bharat Ltd
Basic Materials
- 262.0.01%
Future on Torrent Pharmaceuticals Ltd
- 263.0.01%
Torrent Pharmaceuticals Ltd
Healthcare
- 264.0.01%
Future on Fortis Healthcare Ltd
- 265.0.01%
Fortis Healthcare Ltd
Healthcare
- 266.0.00%
Future on Sun Pharmaceuticals Industries Ltd
- 267.0.00%
Future on IndusInd Bank Ltd
- 268.0.00%
Sun Pharmaceuticals Industries Ltd
Healthcare
- 269.0.00%
IndusInd Bank Ltd
Financial Services
- 270.0.00%
GAIL (India) Ltd
Utilities
- 271.0.00%
Future on GAIL (India) Ltd
- 272.0.00%
Future on Bharat Petroleum Corp Ltd
- 273.0.00%
Bharat Petroleum Corp Ltd
Energy
- 274.0.00%
Future on Vishal Mega Mart Ltd
- 275.0.00%
Vishal Mega Mart Ltd
Consumer Cyclical
- 276.-
Grasim Industries Ltd
- 277.-
FSN E-Commerce Ventures Ltd
- 278.-
Colgate-Palmolive (India) Ltd
- 279.-
Avenue Supermarts Ltd
- 280.-
Life Insurance Corporation of India
- 281.-
Tbill
- 282.-
LIC Housing Finance Ltd
- 283.-
Tbill
- 284.-
Bank Of Baroda
- 285.-
Hero MotoCorp Ltd
- 286.-
Power Grid Corp Of India Ltd
- 287.-
Sammaan Capital Ltd
- 288.-
Tube Investments of India Ltd Ordinary Shares
- 289.-
Bharti Airtel Ltd
- 290.-
Nuvama Wealth Management Ltd
- 291.-
Nippon Life India Asset Management Ltd Ordinary Shares
- 292.-
REC Ltd
- 293.-
Britannia Industries Ltd
Sector allocation
- Unclassified170.24%
- Financial Services29.92%
- Basic Materials8.49%
- Utilities5.35%
- Industrials5.24%
- Consumer Cyclical4.86%
- Healthcare4.29%
- Energy3.48%
- Real Estate2.77%
- Consumer Defensive2.05%
- Communication Services1.30%
- Technology0.28%
Comparable peers
Tata Arbitrage Monthly IDCW Payout Direct Plan
Tata Arbitrage Monthly IDCW Payout (DP) · ₹24.95 K Cr AUM
1Y+6.71%3Y+7.51%-Tata Arbitrage Monthly IDCW Reinvest Direct Plan
Tata Arbitrage Monthly IDCW Reinvest (DR) · ₹24.95 K Cr AUM
1Y+6.71%3Y+7.51%-Tata Arbitrage Monthly IDCW Payout Direct Plan
Tata Arbitrage Monthly IDCW Payout (DP) · ₹24.95 K Cr AUM
1Y+6.71%3Y+7.51%-Kotak Arbitrage Monthly IDCW Reinvest Direct Plan
Kotak Arbitrage Monthly IDCW Reinvest (DR) · ₹74.40 K Cr AUM
1Y+6.68%3Y+7.50%-HSBC Arbitrage Quarterly IDCW Reinvestent Reinvest Direct Plan
HSBC Arbitrage Quarterly IDCW Reinvestent Reinvest (DR) · ₹3.00 K Cr AUM
1Y+6.58%3Y+7.14%-
Investment 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.
Scheme details
- Scheme code
- 151136
- Fund house
- HSBC Mutual Fund
- Category
- Open Ended
- Type
- Hybrid Schemes
- Sub-category
- Arbitrage Fund
- Plan
- Direct
- Return type
- IDCW
- ISIN (Growth)
- INF917K01QV7
- ISIN (Div. Reinvest)
- INF917K01QU9
- Tradable on exchange
- No