HSBC Arbitrage Fund
ArbitrageLowOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹20.35-0.07%1 day
- Return since launch
- 6.0%
- 52-week range
- ₹19.19 — ₹20.37
- AUM
- ₹3,288 Cr
HSBC Arbitrage Fund is a Arbitrage hybrid fund from HSBC Mutual Fund with ₹3,288 Cr under management, launched in 2014. Over three years it has returned 6.2% a year, against 6.5% for its category. The expense ratio is 2.09% and the SEBI riskometer reading is Low.
Performance
HSBC Arbitrage Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +6.0% against +6.0% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 5.9% | 0.0 pts | 5.9% | 5.8% |
| 2Y | 6.0% | +0.1 pts | 5.9% | 6.0% |
| 3Y | 6.2% | −0.3 pts | 6.5% | 6.2% |
| 5Y | 6.3% | +0.4 pts | 5.9% | 6.3% |
| 7Y | 6.0% | 0.0 pts | 5.9% | 5.9% |
| 10Y | 5.8% | +0.2 pts | 5.6% | 5.7% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.4% | 0.0 pts | 0.3% | 0.3% |
| 3M | 1.3% | 0.0 pts | 1.3% | 1.3% |
| 6M | 2.8% | +0.1 pts | 2.7% | 2.8% |
| 1Y | 6.0% | +0.2 pts | 5.9% | 6.0% |
| 2Y | 6.1% | 0.0 pts | 6.1% | 6.2% |
| 3Y | 6.6% | +0.1 pts | 6.5% | 6.6% |
| 5Y | 5.9% | 0.0 pts | 5.9% | 6.0% |
| 7Y | 5.5% | +0.2 pts | 5.4% | 5.4% |
| 10Y | 5.7% | +0.1 pts | 5.6% | 5.6% |
Since launch (26 Jun 2014): 6.0%
Calendar-year returns
Category average4.8%
3.7%
3.9%
7.1%
7.3%
6.2%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 6.2% | −0.7 pts | 6.9% |
| 2024 | 7.3% | −0.7 pts | 8.0% |
| 2023 | 7.1% | −0.6 pts | 7.6% |
| 2022 | 3.9% | −0.7 pts | 4.6% |
| 2021 | 3.7% | −0.5 pts | 4.1% |
| 2020 | 4.8% | +0.1 pts | 4.7% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
2.09%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.75%
- Brokerage
- 0.14%
- Transaction charges
- 0.05%
- Statutory levies
- 1.15%
- Exit load
- Exit load of 0.25% if redeemed within 1 month
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY 50 Arbitrage TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Low
Your principal is treated as being at low risk — typically overnight and very short duration debt schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.67 | 0.62 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 1.32 | 1.88 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 1.58 | 2.31 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 0.54 | 0.51 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 4 category peers | |||
Portfolio
HSBC Arbitrage Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt28.0%
- Other72.5%
Market cap split
- Large59.9%
- Mid26.6%
- Small13.6%
- P/E
- 15.28
- P/B
- 2.00
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 72.38% | ₹2,380 Cr | +217.87% | +215.66% | +209.94% |
| HSBC Money Market Fund Direct-Growth | Unclassified | 15.76% | ₹518 Cr | +17.15% | +15.53% | +11.35% |
| Indian Bank | Financial | 2.23% | ₹73.20 Cr | +2.68% | — | +1.01% |
| National Bank For Agriculture & Rural Development | Financial | 2.20% | ₹72.31 Cr | — | — | +2.14% |
| HSBC Ultra Short Term Fund Direct-Growth | Unclassified | 1.93% | ₹63.49 Cr | +3.31% | +3.58% | +3.56% |
| Axis Bank Ltd. | Financial | 1.52% | ₹49.97 Cr | -6.55% | -0.01% | -15.89% |
| Bank Of Baroda | Financial | 1.48% | ₹48.58 Cr | -1.78% | -0.07% | -3.63% |
| Small Industries Devp. Bank of India Ltd. | Financial | 0.75% | ₹24.71 Cr | +0.91% | +0.98% | +1.11% |
| Punjab National Bank | Financial | 0.73% | ₹23.91 Cr | -3.74% | -5.36% | -2.63% |
| Yes Bank Ltd. | Financial | 0.04% | ₹1.40 Cr | -4.56% | -1.42% | -0.20% |
| NMDC Ltd. | Metals & Mining | 0.03% | ₹1.00 Cr | -5.50% | -4.33% | -1.98% |
| IDFC First Bank Ltd. | Financial | 0.02% | ₹0.63 Cr | -1.47% | -1.16% | -5.63% |
| HDFC Asset Management Company Ltd. | Financial | 0.01% | ₹0.44 Cr | -2.69% | — | — |
| JIO Financial Services Ltd. | Financial | 0.01% | ₹0.42 Cr | -3.31% | -4.74% | -0.41% |
| Bharat Heavy Electricals Ltd. | Capital Goods | 0.01% | ₹0.34 Cr | -1.26% | -1.31% | — |
| Indus Towers Ltd. | Communication | 0.01% | ₹0.24 Cr | -0.88% | -0.06% | -0.42% |
| company:1102 | Financial | 0.01% | ₹0.24 Cr | — | -0.12% | -1.13% |
| Indian Oil Corporation Ltd. | Energy | 0.01% | ₹0.19 Cr | -0.08% | — | -0.02% |
| Biocon Ltd. | Healthcare | 0.01% | ₹0.19 Cr | -1.34% | -1.72% | -0.42% |
| Tata Steel Ltd. | Metals & Mining | 0.01% | ₹0.18 Cr | -0.01% | -1.12% | -0.14% |
| Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | 0.00% | ₹0.16 Cr | -1.68% | -2.40% | -2.34% |
| Hitachi Energy India Ltd. | Capital Goods | 0.00% | ₹0.15 Cr | -0.15% | -0.23% | — |
| State Bank of India | Financial | 0.00% | ₹0.14 Cr | -3.02% | — | -14.32% |
| Coal India Ltd. | Materials | 0.00% | ₹0.13 Cr | — | — | -0.80% |
| GE Vernova T&D India Ltd | Capital Goods | 0.00% | ₹0.13 Cr | — | — | — |
| The Indian Hotels Company Ltd. | Services | 0.00% | ₹0.12 Cr | -0.51% | -0.10% | -0.06% |
| Hindustan Petroleum Corporation Ltd. | Energy | 0.00% | ₹0.11 Cr | -0.01% | -0.01% | -0.01% |
| company:1222 | Energy | 0.00% | ₹0.09 Cr | 0.00% | -1.10% | — |
| DLF Ltd. | Construction | 0.00% | ₹0.09 Cr | -0.55% | -3.24% | -0.10% |
| Suzlon Energy Ltd. | Capital Goods | 0.00% | ₹0.08 Cr | — | -0.33% | 0.00% |
| company:507 | Automobile | 0.00% | ₹0.08 Cr | — | -0.06% | 0.00% |
| Bajaj Holdings & Investment Ltd. | Financial | 0.00% | ₹0.07 Cr | -0.04% | — | — |
| Aditya Birla Capital Ltd. | Financial | 0.00% | ₹0.05 Cr | — | — | -1.05% |
| Aurobindo Pharma Ltd. | Healthcare | 0.00% | ₹0.05 Cr | +0.96% | -0.84% | -0.22% |
| Canara Bank | Financial | 0.00% | ₹0.04 Cr | -0.60% | +1.21% | -1.15% |
| Jindal Steel Ltd. | Metals & Mining | 0.00% | ₹0.02 Cr | -0.03% | — | 0.00% |
| company:7037 | Technology | 0.00% | ₹0.02 Cr | — | -1.12% | -0.46% |
| Inox Wind Ltd. | Capital Goods | 0.00% | ₹0.02 Cr | -0.67% | -0.71% | -0.12% |
| Divi's Laboratories Ltd. | Healthcare | 0.00% | ₹0.02 Cr | -0.03% | -0.23% | — |
| company:3988 | Healthcare | 0.00% | ₹0.01 Cr | — | — | -0.36% |
| company:4842 | Energy | 0.00% | ₹0.01 Cr | — | — | — |
| Samvardhana Motherson International Ltd. | Automobile | 0.00% | ₹0.01 Cr | — | -1.10% | -0.62% |
| Asian Paints Ltd. | Materials | 0.00% | ₹0.01 Cr | — | -0.56% | -0.12% |
| Union Bank of India | Financial | 0.00% | ₹0.01 Cr | -0.12% | -0.01% | -0.28% |
| company:18041 | Healthcare | 0.00% | ₹0.01 Cr | — | — | — |
| company:16192 | Healthcare | 0.00% | ₹0.01 Cr | — | -0.10% | — |
| Godrej Properties Ltd. | Construction | 0.00% | ₹0.01 Cr | -3.90% | -0.09% | -0.01% |
| company:6959 | Energy | 0.00% | ₹0.01 Cr | -0.08% | -1.03% | -0.39% |
| Eternal Ltd. | Services | 0.00% | ₹0.00 Cr | -3.39% | -7.87% | -2.33% |
| company:5767 | Automobile | 0.00% | ₹0.00 Cr | — | -0.01% | — |
| company:2167 | Healthcare | 0.00% | ₹0.00 Cr | — | — | -0.29% |
| company:19582 | Services | 0.00% | ₹0.00 Cr | 0.00% | — | — |
| company:9822 | Automobile | 0.00% | ₹0.00 Cr | — | — | — |
| company:12487 | Capital Goods | 0.00% | ₹0.00 Cr | — | -0.09% | — |
| company:9821 | Financial | 0.00% | ₹0.00 Cr | -0.03% | — | -0.58% |
| Motilal Oswal Financial Services Ltd. | Financial | -0.00% | ₹-0.00 Cr | — | — | — |
| company:6953 | Financial | -0.00% | ₹-0.00 Cr | -0.67% | -2.02% | -5.69% |
| Eicher Motors Ltd. | Automobile | -0.00% | ₹-0.00 Cr | -0.01% | — | -0.64% |
| ICICI Lombard General Insurance Company Ltd. | Insurance | -0.00% | ₹-0.00 Cr | 0.00% | — | — |
| company:7041 | Technology | -0.00% | ₹-0.00 Cr | — | -0.06% | — |
| company:7002 | Materials | -0.00% | ₹-0.00 Cr | 0.00% | — | -0.01% |
| Alkem Laboratories Ltd. | Healthcare | -0.00% | ₹-0.00 Cr | — | — | -0.29% |
| company:2119 | Construction | -0.00% | ₹-0.00 Cr | — | -0.01% | — |
| Ashok Leyland Ltd. | Automobile | -0.00% | ₹-0.00 Cr | — | — | -0.28% |
| company:5590 | Technology | -0.00% | ₹-0.00 Cr | — | -0.19% | — |
| Supreme Industries Ltd. | Materials | -0.00% | ₹-0.00 Cr | -0.20% | — | -0.08% |
| Zydus Lifesciences Ltd. | Healthcare | -0.00% | ₹-0.00 Cr | -0.95% | -0.02% | — |
| company:17603 | Services | -0.00% | ₹-0.00 Cr | — | — | — |
| United Spirits Ltd. | Consumer Staples | -0.00% | ₹-0.00 Cr | -0.11% | — | -0.20% |
| company:4456 | Metals & Mining | -0.00% | ₹-0.00 Cr | -0.08% | -0.33% | -0.04% |
| company:4908 | Energy | -0.00% | ₹-0.00 Cr | -0.02% | -0.12% | -0.29% |
| Hindustan Zinc Ltd. | Metals & Mining | -0.00% | ₹-0.00 Cr | -0.86% | -0.65% | -0.57% |
| Bharat Electronics Ltd. | Capital Goods | -0.00% | ₹-0.01 Cr | -0.13% | — | -0.27% |
| company:7925 | Technology | -0.00% | ₹-0.01 Cr | — | -0.11% | — |
| company:728 | Healthcare | -0.00% | ₹-0.01 Cr | -0.01% | — | — |
| SRF Ltd. | Chemicals | -0.00% | ₹-0.01 Cr | — | — | -0.02% |
| Tube Investments Of India Ltd. | Automobile | -0.00% | ₹-0.01 Cr | -0.01% | — | — |
| company:19532 | Services | -0.00% | ₹-0.01 Cr | — | — | — |
| Apollo Hospitals Enterprise Ltd. | Healthcare | -0.00% | ₹-0.01 Cr | -0.65% | -1.87% | -0.05% |
| NBCC (India) Ltd. | Construction | -0.00% | ₹-0.01 Cr | -2.98% | -1.04% | -0.39% |
| Patanjali Foods Ltd. | Consumer Staples | -0.00% | ₹-0.01 Cr | — | — | -0.70% |
| Vedanta Ltd. | Metals & Mining | -0.00% | ₹-0.01 Cr | — | — | — |
| company:5741 | Capital Goods | -0.00% | ₹-0.02 Cr | — | -0.66% | -1.38% |
| company:5765 | Insurance | -0.00% | ₹-0.02 Cr | -0.02% | — | — |
| Max Financial Services Ltd. | Financial | -0.00% | ₹-0.02 Cr | -0.93% | -1.30% | -0.27% |
| Tata Power Company Ltd. | Energy | -0.00% | ₹-0.02 Cr | -0.61% | -1.24% | -2.69% |
| RBL Bank Ltd. | Financial | -0.00% | ₹-0.03 Cr | -6.70% | -6.87% | -0.29% |
| UPL Ltd. | Chemicals | -0.00% | ₹-0.03 Cr | -0.09% | -0.23% | — |
| Dabur India Ltd. | Consumer Staples | -0.00% | ₹-0.03 Cr | -0.19% | -0.19% | — |
| Marico Ltd. | Consumer Staples | -0.00% | ₹-0.03 Cr | — | -0.47% | -2.37% |
| Godrej Consumer Products Ltd. | Consumer Staples | -0.00% | ₹-0.03 Cr | -0.81% | -0.43% | — |
| Fortis Healthcare Ltd. | Healthcare | -0.00% | ₹-0.04 Cr | -0.01% | — | — |
| Computer Age Management Services Ltd. | Services | -0.00% | ₹-0.04 Cr | — | — | -0.27% |
| Hindalco Industries Ltd. | Metals & Mining | -0.00% | ₹-0.05 Cr | -0.02% | — | — |
| company:1705 | Technology | -0.00% | ₹-0.05 Cr | — | — | 0.00% |
| company:14779 | Insurance | -0.00% | ₹-0.05 Cr | — | -0.45% | — |
| Muthoot Finance Ltd. | Financial | -0.00% | ₹-0.05 Cr | — | -0.03% | -0.04% |
| company:2089 | Financial | -0.00% | ₹-0.06 Cr | -1.82% | -0.82% | -0.11% |
| company:5798 | Technology | -0.00% | ₹-0.06 Cr | -0.02% | -0.35% | — |
| Tata Consumer Products Ltd. | Consumer Staples | -0.00% | ₹-0.06 Cr | -0.23% | -0.18% | -2.23% |
| Kotak Mahindra Bank Ltd. | Financial | -0.00% | ₹-0.07 Cr | -1.22% | -0.94% | -2.20% |
| Indian Energy Exchange Ltd. | Services | -0.00% | ₹-0.08 Cr | -0.52% | -0.45% | -0.02% |
| AU Small Finance Bank Ltd. | Financial | -0.00% | ₹-0.14 Cr | -2.40% | -0.63% | -0.02% |
| Bank of India | Financial | -0.00% | ₹-0.15 Cr | -0.65% | -0.23% | -0.18% |
| Voltas Ltd. | Consumer Discretionary | -0.00% | ₹-0.16 Cr | — | — | — |
| HDFC Life Insurance Co Ltd. | Insurance | -0.01% | ₹-0.17 Cr | -0.82% | -0.74% | — |
| Cummins India Ltd. | Capital Goods | -0.01% | ₹-0.17 Cr | -0.38% | — | — |
| Adani Ports and Special Economic Zone Ltd. | Services | -0.01% | ₹-0.17 Cr | -0.03% | +0.88% | — |
| Adani Green Energy Ltd. | Capital Goods | -0.01% | ₹-0.18 Cr | -0.11% | — | -0.32% |
| Container Corporation Of India Ltd. | Services | -0.01% | ₹-0.18 Cr | -2.10% | -2.89% | — |
| Bajaj Finance Ltd. | Financial | -0.01% | ₹-0.19 Cr | — | -0.15% | -0.24% |
| ICICI Bank Ltd. | Financial | -0.01% | ₹-0.25 Cr | -12.29% | -11.20% | -14.42% |
| Tata Motors Passenger Vehicles Ltd. | Automobile | -0.01% | ₹-0.35 Cr | -0.20% | -0.42% | -2.45% |
| Hindustan Unilever Ltd. | Consumer Staples | -0.01% | ₹-0.37 Cr | — | — | — |
| Ambuja Cements Ltd. | Materials | -0.01% | ₹-0.37 Cr | -1.05% | -0.75% | — |
| Glenmark Pharmaceuticals Ltd. | Healthcare | -0.01% | ₹-0.41 Cr | -2.46% | -0.77% | — |
| Adani Enterprises Ltd. | Services | -0.02% | ₹-0.57 Cr | -1.91% | -0.22% | -0.01% |
| company:4907 | Financial | -0.02% | ₹-0.58 Cr | — | -1.00% | -0.75% |
| JSW Steel Ltd. | Metals & Mining | -0.02% | ₹-0.60 Cr | -3.29% | -4.23% | -2.50% |
| Vodafone Idea Ltd. | Communication | -0.02% | ₹-0.62 Cr | -0.44% | -0.94% | — |
| Manappuram Finance Ltd. | Financial | -0.02% | ₹-0.69 Cr | -1.03% | -0.06% | -0.44% |
| Bharti Airtel Ltd. | Communication | -0.02% | ₹-0.80 Cr | -0.01% | -0.63% | -0.01% |
| Reliance Industries Ltd. | Energy | -0.03% | ₹-0.82 Cr | -4.15% | -4.77% | -7.57% |
| company:16457 | Consumer Discretionary | -0.03% | ₹-0.89 Cr | — | -0.06% | -0.04% |
| Bandhan Bank Ltd. | Financial | -0.04% | ₹-1.20 Cr | -8.24% | -4.48% | -2.47% |
| ITC Ltd. | Consumer Staples | -0.04% | ₹-1.20 Cr | -3.17% | -2.71% | -1.92% |
| Adani Energy Solutions Ltd. | Energy | -0.04% | ₹-1.33 Cr | -5.64% | -0.35% | -0.08% |
| Varun Beverages Ltd. | Consumer Staples | -0.04% | ₹-1.41 Cr | -0.63% | -0.06% | 0.00% |
| HDFC Bank Ltd. | Financial | -0.05% | ₹-1.65 Cr | -10.99% | -14.22% | -12.78% |
| Steel Authority Of India Ltd. | Metals & Mining | -0.08% | ₹-2.70 Cr | -7.80% | -2.61% | -1.91% |
| Adani Power Ltd. | Energy | -0.08% | ₹-2.76 Cr | -2.44% | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Steel Authority Of India Ltd. | -1.93% | -4.00% | -2.07% |
| Adani Energy Solutions Ltd. | -3.16% | -1.44% | +1.72% |
| Others | 69.06% | 70.78% | +1.71% |
| Varun Beverages Ltd. | -0.14% | -1.68% | -1.54% |
| HSBC Money Market Fund Direct-Growth | 17.19% | 15.76% | -1.42% |
| company:16457 | 0.00% | -1.29% | -1.29% |
| Axis Bank Ltd. | -0.36% | -1.60% | -1.24% |
| ICICI Bank Ltd. | -2.70% | -3.91% | -1.21% |
| AU Small Finance Bank Ltd. | -2.04% | -1.04% | +1.00% |
| company:1705 | 0.00% | -0.97% | -0.97% |
| Hindustan Petroleum Corporation Ltd. | -1.25% | -0.35% | +0.90% |
| Voltas Ltd. | -1.18% | -0.32% | +0.86% |
| Tata Steel Ltd. | -0.08% | -0.90% | -0.82% |
| company:2089 | 0.00% | -0.81% | -0.81% |
| Bharti Airtel Ltd. | -0.03% | -0.73% | -0.70% |
| Container Corporation Of India Ltd. | -1.35% | -0.68% | +0.67% |
| Hindalco Industries Ltd. | -0.80% | -0.13% | +0.66% |
| Crompton Greaves Consumer Electricals Ltd. | -2.26% | -1.64% | +0.62% |
| company:4907 | 0.00% | -0.50% | -0.50% |
| JIO Financial Services Ltd. | -2.04% | -1.56% | +0.48% |
| HDFC Bank Ltd. | -5.48% | -5.00% | +0.48% |
| Zydus Lifesciences Ltd. | -0.48% | -0.01% | +0.46% |
| Yes Bank Ltd. | -2.52% | -2.07% | +0.45% |
| Canara Bank | -3.93% | -3.52% | +0.41% |
| company:5798 | 0.00% | -0.38% | -0.38% |
| Coal India Ltd. | -0.14% | -0.52% | -0.38% |
| Kotak Mahindra Bank Ltd. | -0.48% | -0.12% | +0.36% |
| Laurus Labs Ltd. | -0.35% | 0.00% | +0.35% |
| GE Vernova T&D India Ltd | -0.52% | -0.16% | +0.35% |
| company:1102 | 0.00% | -0.35% | -0.35% |
| Indian Energy Exchange Ltd. | -1.03% | -1.37% | -0.34% |
| Biocon Ltd. | -0.79% | -0.45% | +0.34% |
| Adani Enterprises Ltd. | -0.80% | -0.50% | +0.30% |
| company:5765 | 0.00% | -0.27% | -0.27% |
| Bajaj Finance Ltd. | -0.17% | -0.43% | -0.26% |
| Manappuram Finance Ltd. | -0.87% | -1.12% | -0.25% |
| Bharat Electronics Ltd. | -0.36% | -0.12% | +0.24% |
| Aurobindo Pharma Ltd. | -0.34% | -0.10% | +0.24% |
| Adani Power Ltd. | -2.96% | -2.74% | +0.22% |
| Punjab National Bank | -2.03% | -1.82% | +0.21% |
| Indian Bank | 2.43% | 2.23% | -0.20% |
| National Bank For Agriculture & Rural Development | 2.40% | 2.20% | -0.20% |
| HDFC Asset Management Company Ltd. | -0.47% | -0.67% | -0.19% |
| company:5767 | 0.00% | -0.19% | -0.19% |
| Ambuja Cements Ltd. | -0.78% | -0.97% | -0.18% |
| Hindustan Unilever Ltd. | -0.70% | -0.51% | +0.18% |
| The Indian Hotels Company Ltd. | -0.01% | -0.19% | -0.18% |
| HSBC Ultra Short Term Fund Direct-Growth | 2.11% | 1.93% | -0.18% |
| HDFC Life Insurance Co Ltd. | -1.84% | -1.67% | +0.17% |
| NBCC (India) Ltd. | -0.96% | -0.79% | +0.17% |
| FSN E-Commerce Ventures Ltd. | -0.16% | 0.00% | +0.16% |
| Cholamandalam Investment and Finance Company Ltd. | -0.16% | 0.00% | +0.16% |
| company:14779 | 0.00% | -0.16% | -0.16% |
| Tata Power Company Ltd. | -0.23% | -0.07% | +0.16% |
| Cummins India Ltd. | -0.29% | -0.45% | -0.16% |
| Tata Motors Passenger Vehicles Ltd. | -0.46% | -0.32% | +0.14% |
| Godrej Properties Ltd. | -1.80% | -1.67% | +0.13% |
| Computer Age Management Services Ltd. | -0.24% | -0.12% | +0.12% |
| Fortis Healthcare Ltd. | -0.00% | -0.13% | -0.12% |
| Ashok Leyland Ltd. | -0.13% | -0.01% | +0.12% |
| Dabur India Ltd. | -0.18% | -0.06% | +0.12% |
| JSW Steel Ltd. | -1.43% | -1.31% | +0.12% |
| NMDC Ltd. | -1.58% | -1.46% | +0.12% |
| IDFC First Bank Ltd. | -1.21% | -1.33% | -0.12% |
| Vodafone Idea Ltd. | -0.83% | -0.72% | +0.12% |
| Max Financial Services Ltd. | -0.31% | -0.21% | +0.11% |
| Godrej Consumer Products Ltd. | -0.00% | -0.11% | -0.10% |
| company:507 | 0.00% | -0.09% | -0.09% |
| Indian Oil Corporation Ltd. | -0.14% | -0.23% | -0.09% |
| Bandhan Bank Ltd. | -2.72% | -2.81% | -0.09% |
| Apollo Hospitals Enterprise Ltd. | -0.13% | -0.22% | -0.09% |
| company:1222 | 0.00% | -0.09% | -0.09% |
| RBL Bank Ltd. | -0.20% | -0.11% | +0.08% |
| Bharat Heavy Electricals Ltd. | -0.69% | -0.60% | +0.08% |
| DLF Ltd. | -0.19% | -0.11% | +0.08% |
| Pidilite Industries Ltd. | -0.08% | 0.00% | +0.08% |
| Bank Of Baroda | -0.15% | -0.22% | -0.07% |
| Small Industries Devp. Bank of India Ltd. | 0.82% | 0.75% | -0.07% |
| company:4842 | 0.00% | -0.07% | -0.07% |
| Bank of India | -0.56% | -0.50% | +0.06% |
| Patanjali Foods Ltd. | -0.00% | -0.07% | -0.06% |
| Supreme Industries Ltd. | -0.06% | -0.00% | +0.06% |
| ITC Ltd. | -1.03% | -0.97% | +0.06% |
| company:5741 | 0.00% | -0.06% | -0.06% |
| Union Bank of India | -0.07% | -0.01% | +0.06% |
| company:19532 | 0.00% | -0.05% | -0.05% |
| Divi's Laboratories Ltd. | -0.07% | -0.02% | +0.05% |
| Havells India Ltd. | -0.05% | 0.00% | +0.05% |
| company:4456 | 0.00% | -0.05% | -0.05% |
| Vedanta Ltd. | -0.00% | -0.05% | -0.05% |
| UPL Ltd. | -0.04% | -0.08% | -0.04% |
| Adani Green Energy Ltd. | -0.28% | -0.24% | +0.04% |
| State Bank of India | -0.70% | -0.66% | +0.04% |
| ICICI Lombard General Insurance Company Ltd. | -0.01% | -0.05% | -0.04% |
| Eicher Motors Ltd. | -0.04% | -0.00% | +0.03% |
| Marico Ltd. | -0.01% | -0.04% | -0.03% |
| company:4908 | 0.00% | -0.03% | -0.03% |
| company:7925 | 0.00% | -0.03% | -0.03% |
| JSW Energy Ltd. | -0.03% | 0.00% | +0.03% |
| company:7037 | 0.00% | -0.02% | -0.02% |
| company:2119 | 0.00% | -0.02% | -0.02% |
| Muthoot Finance Ltd. | -0.10% | -0.12% | -0.02% |
| ICICI Prudential Life Insurance Company Ltd. | -0.02% | 0.00% | +0.02% |
| Aditya Birla Capital Ltd. | -0.11% | -0.12% | -0.02% |
| company:3988 | 0.00% | -0.02% | -0.02% |
| Glenmark Pharmaceuticals Ltd. | -1.24% | -1.23% | +0.02% |
| Tube Investments Of India Ltd. | -0.07% | -0.05% | +0.02% |
| company:728 | 0.00% | -0.01% | -0.01% |
| company:7041 | 0.00% | -0.01% | -0.01% |
| company:12487 | 0.00% | -0.01% | -0.01% |
| Samvardhana Motherson International Ltd. | -0.00% | -0.02% | -0.01% |
| Suzlon Energy Ltd. | -0.08% | -0.09% | -0.01% |
| Tata Consumer Products Ltd. | -0.19% | -0.20% | -0.01% |
| Oil And Natural Gas Corporation Ltd. | -0.01% | 0.00% | +0.01% |
| Bajaj Holdings & Investment Ltd. | -0.10% | -0.09% | +0.01% |
| company:18041 | 0.00% | -0.01% | -0.01% |
| Inox Wind Ltd. | -0.74% | -0.73% | +0.01% |
| United Spirits Ltd. | -0.03% | -0.02% | +0.01% |
| Motilal Oswal Financial Services Ltd. | -0.01% | -0.00% | +0.01% |
| Adani Ports and Special Economic Zone Ltd. | -0.13% | -0.14% | -0.01% |
| company:9822 | 0.00% | -0.01% | -0.01% |
| Dalmia Bharat Ltd. | -0.01% | 0.00% | +0.01% |
| company:16192 | 0.00% | -0.01% | -0.01% |
| Hitachi Energy India Ltd. | -0.19% | -0.19% | +0.01% |
| company:17603 | 0.00% | -0.01% | -0.01% |
| company:2167 | 0.00% | -0.01% | -0.01% |
| Grasim Industries Ltd. | -0.01% | 0.00% | +0.01% |
| company:6959 | 0.00% | -0.01% | -0.01% |
| company:5590 | 0.00% | -0.00% | 0.00% |
| Asian Paints Ltd. | -0.02% | -0.01% | 0.00% |
| Alkem Laboratories Ltd. | -0.00% | -0.01% | 0.00% |
| company:7002 | 0.00% | -0.00% | 0.00% |
| SRF Ltd. | -0.02% | -0.02% | 0.00% |
| Amber Enterprises India Ltd. | -0.00% | 0.00% | 0.00% |
| CG Power and Industrial Solutions Ltd. | -0.00% | 0.00% | 0.00% |
| Hindustan Zinc Ltd. | -0.01% | -0.01% | 0.00% |
| company:6953 | 0.00% | -0.00% | 0.00% |
| Hyundai Motor India Ltd. | -0.00% | 0.00% | 0.00% |
| Indus Towers Ltd. | -0.98% | -0.99% | 0.00% |
| company:9821 | 0.00% | -0.00% | 0.00% |
| company:19582 | 0.00% | -0.00% | 0.00% |
| Jindal Steel Ltd. | -0.03% | -0.03% | 0.00% |
| Reliance Industries Ltd. | -1.34% | -1.34% | 0.00% |
| Eternal Ltd. | -0.00% | -0.00% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹41,186 Cr | 2.40% | 6.0% | 6.4% | 6.6% |
 Kotak Arbitrage Fund | ₹75,712 Cr | 2.92% | 6.0% | 6.4% | 6.6% |
 SBI Arbitrage Fund | ₹47,283 Cr | 1.98% | 5.8% | 6.3% | 6.5% |
 Invesco India Arbitrage Fund | ₹30,618 Cr | 2.91% | 6.0% | 6.4% | 6.6% |
 UTI Arbitrage Fund | ₹11,132 Cr | 1.80% | 5.9% | 6.4% | 6.5% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks 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.
Fund managers
- Asif RizwiMr. Rizwi has done B.Tech and PGDM from IIM-CPrior to joining HSBC MF, he has worked with L&T MF, Yes Bank, ICICI Bank, Nomura International plc and Deutsche Bank
- Mahesh A ChhabriaMr. Chhabria is a Commerce Graduate and has also pursued FCA and CFA.Prior to joining HSBC MF, he has worked with L&T AMC, Edelweiss Securities Ltd, Darivium Traditions Pvt. Ltd. and FIL Fund Management Pvt. Ltd.
- Praveen AyathanMr. Praveen is a B.Sc (Mathematics).Prior to joining HSBC Mutual Fund, he has worked with L&T MF, Kotak Mahindra AMC and Dalal & Broacha Stock Broking Pvt. Ltd.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months2.79% absolute | ₹60,000 | ₹61,674 | 2.79% | |
| 1 year6.05% annualised | ₹1,20,000 | ₹1,24,006 | 3.34% | |
| 3 years6.57% annualised | ₹3,60,000 | ₹3,98,905 | 10.81% | |
| 5 years5.93% annualised | ₹6,00,000 | ₹6,99,888 | 16.65% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of HSBC Arbitrage Fund?
The NAV of HSBC Arbitrage Fund is ₹20.35 as on 24 Sep 2026.
What is the expense ratio of HSBC Arbitrage Fund?
The expense ratio of HSBC Arbitrage Fund is 2.09% per year.
What is the minimum SIP amount for HSBC Arbitrage Fund?
You can start a SIP in HSBC Arbitrage Fund with ₹3,000 a month.
What returns has HSBC Arbitrage Fund given?
HSBC Arbitrage Fund has returned 5.9% over 1 year, 6.2% over 3 years and 6.3% over 5 years (annualised).
Is there a lock-in or exit load on HSBC Arbitrage Fund?
Lock-in: None. Exit load: Exit load of 0.25% if redeemed within 1 month.
How risky is HSBC Arbitrage Fund?
HSBC Arbitrage Fund is rated Low on the SEBI riskometer and belongs to the Arbitrage category.
Which fund house manages HSBC Arbitrage Fund?
HSBC Arbitrage Fund is managed by HSBC Mutual Fund, which runs 44 schemes with ₹1,44,068 Cr under management.