HSBC Arbitrage Fund
ArbitrageLowOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹20.51+0.03%1 day
- Return since launch
- 6.0%
- 52-week range
- ₹19.33 — ₹20.52
- AUM
- ₹3,633 Cr
HSBC Arbitrage Fund is a Arbitrage hybrid fund from HSBC Mutual Fund with ₹3,633 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 2.07% 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 +6.1% 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 | 6.0% | 5.9% |
| 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 | 6.0% | 6.4% |
| 7Y | 6.0% | 0.0 pts | 6.0% | 6.0% |
| 10Y | 5.8% | +0.2 pts | 5.6% | 5.7% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.4% | 0.0 pts | 0.4% | 0.4% |
| 3M | 1.4% | 0.0 pts | 1.4% | 1.4% |
| 6M | 2.9% | +0.1 pts | 2.9% | 2.9% |
| 1Y | 6.1% | +0.1 pts | 6.0% | 6.0% |
| 2Y | 6.1% | 0.0 pts | 6.1% | 6.1% |
| 3Y | 6.5% | 0.0 pts | 6.5% | 6.5% |
| 5Y | 6.0% | 0.0 pts | 6.0% | 6.0% |
| 7Y | 5.5% | +0.1 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
2.03%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.75%
- Brokerage
- 0.13%
- Transaction charges
- 0.05%
- Statutory levies
- 1.10%
- Exit load
- Exit load of 0.25% if redeemed within 15 days
- 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 | 0.66 | 0.59 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 1.39 | 1.91 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 1.71 | 2.46 | 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 30 Sep 2026
Asset allocation
- Debt30.7%
- Other69.5%
Market cap split
- Large63.6%
- Mid23.4%
- Small13.0%
- P/E
- 15.09
- P/B
- 1.95
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 71.42% | ₹2,595 Cr | +205.22% | +201.72% | +222.92% |
| HSBC Money Market Fund Direct-Growth | Unclassified | 14.34% | ₹521 Cr | +17.41% | +15.01% | +11.11% |
| National Bank For Agriculture & Rural Development | Financial | 2.00% | ₹72.65 Cr | +2.43% | — | +2.09% |
| HDFC Bank Ltd. | Financial | 1.96% | ₹71.19 Cr | -16.23% | -17.74% | -19.62% |
| HSBC Ultra Short Term Fund Direct-Growth | Unclassified | 1.76% | ₹63.82 Cr | +2.13% | +3.46% | +3.49% |
| Axis Bank Ltd. | Financial | 1.35% | ₹48.98 Cr | -1.42% | -3.09% | -13.61% |
| Union Bank of India | Financial | 1.34% | ₹48.61 Cr | -0.28% | -0.01% | -0.14% |
| Bank Of Baroda | Financial | 1.33% | ₹48.48 Cr | -0.61% | -0.66% | -4.75% |
| Punjab National Bank | Financial | 0.66% | ₹24.08 Cr | -4.44% | -3.09% | -3.85% |
| Indian Bank | Financial | 0.66% | ₹23.89 Cr | -0.11% | +3.74% | +0.99% |
| Small Industries Devp. Bank of India Ltd. | Financial | 0.65% | ₹23.77 Cr | +0.83% | +0.95% | +1.08% |
| Sagility Ltd. | Services | 0.07% | ₹2.71 Cr | — | — | — |
| Steel Authority Of India Ltd. | Metals & Mining | 0.06% | ₹2.34 Cr | -5.56% | -2.31% | -2.41% |
| HDFC Life Insurance Co Ltd. | Insurance | 0.00% | ₹0.15 Cr | -0.52% | -1.25% | — |
| NMDC Ltd. | Metals & Mining | 0.00% | ₹0.04 Cr | -4.32% | -3.99% | -2.35% |
| Indian Oil Corporation Ltd. | Energy | 0.00% | ₹0.03 Cr | -0.11% | -0.26% | -0.48% |
| Fortis Healthcare Ltd. | Healthcare | 0.00% | ₹0.02 Cr | -0.01% | -0.08% | — |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 0.00% | ₹0.02 Cr | -0.57% | -1.03% | -0.05% |
| Vedanta Ltd. | Metals & Mining | 0.00% | ₹0.01 Cr | — | — | -0.19% |
| ICICI Lombard General Insurance Company Ltd. | Insurance | 0.00% | ₹0.01 Cr | -0.02% | -0.04% | — |
| Adani Enterprises Ltd. | Services | 0.00% | ₹0.01 Cr | -2.77% | — | — |
| Delhivery Ltd. | Services | 0.00% | ₹0.00 Cr | — | — | — |
| Eternal Ltd. | Services | 0.00% | ₹0.00 Cr | -3.29% | -5.11% | -6.70% |
| Kotak Mahindra Bank Ltd. | Financial | 0.00% | ₹0.00 Cr | -0.97% | -2.08% | -1.47% |
| NTPC Ltd. | Energy | 0.00% | ₹0.00 Cr | -0.09% | -0.15% | -1.49% |
| Adani Ports and Special Economic Zone Ltd. | Services | 0.00% | ₹0.00 Cr | -0.34% | +2.27% | -0.15% |
| Vishal Mega Mart Ltd. | Services | 0.00% | ₹0.00 Cr | 0.00% | — | — |
| Adani Green Energy Ltd. | Capital Goods | 0.00% | ₹0.00 Cr | -0.55% | -0.19% | -0.21% |
| Power Grid Corporation Of India Ltd. | Energy | 0.00% | ₹0.00 Cr | — | -0.09% | -0.32% |
| Interglobe Aviation Ltd. | Services | 0.00% | ₹0.00 Cr | -0.02% | -0.10% | — |
| JSW Energy Ltd. | Capital Goods | 0.00% | ₹0.00 Cr | -0.05% | — | -1.75% |
| UPL Ltd. | Chemicals | 0.00% | ₹0.00 Cr | -0.06% | -0.01% | — |
| United Spirits Ltd. | Consumer Staples | 0.00% | ₹0.00 Cr | -0.13% | -0.07% | -0.25% |
| Oil And Natural Gas Corporation Ltd. | Energy | 0.00% | ₹0.00 Cr | -0.26% | -0.15% | -0.01% |
| Hitachi Energy India Ltd. | Capital Goods | 0.00% | ₹0.00 Cr | -0.29% | — | — |
| JIO Financial Services Ltd. | Financial | 0.00% | ₹0.00 Cr | -2.96% | -3.74% | -0.30% |
| SBI Life Insurance Company Ltd. | Insurance | 0.00% | ₹0.00 Cr | -0.17% | -0.33% | — |
| Ultratech Cement Ltd. | Materials | -0.00% | ₹-0.00 Cr | -0.10% | -0.04% | -0.11% |
| Bharat Heavy Electricals Ltd. | Capital Goods | -0.00% | ₹-0.00 Cr | -0.44% | -1.10% | -0.03% |
| Max Financial Services Ltd. | Financial | -0.00% | ₹-0.00 Cr | -0.69% | -1.08% | -0.27% |
| Mahindra & Mahindra Ltd. | Automobile | -0.00% | ₹-0.00 Cr | -0.15% | -2.54% | -0.03% |
| Hindustan Zinc Ltd. | Metals & Mining | -0.00% | ₹-0.00 Cr | -0.79% | -0.77% | -0.74% |
| UNO Minda Ltd. | Automobile | -0.00% | ₹-0.00 Cr | -0.05% | +0.05% | — |
| HCL Technologies Ltd. | Technology | -0.00% | ₹-0.00 Cr | — | — | — |
| Astral Ltd. | Materials | -0.00% | ₹-0.00 Cr | — | — | — |
| Info Edge (India) Ltd. | Services | -0.00% | ₹-0.00 Cr | -0.37% | — | -2.09% |
| Samvardhana Motherson International Ltd. | Automobile | -0.00% | ₹-0.00 Cr | — | — | -0.45% |
| Alkem Laboratories Ltd. | Healthcare | -0.00% | ₹-0.00 Cr | — | — | -0.01% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | -0.00% | ₹-0.00 Cr | -0.30% | -0.37% | — |
| CG Power and Industrial Solutions Ltd. | Capital Goods | -0.00% | ₹-0.00 Cr | -0.88% | -0.53% | -0.01% |
| Pidilite Industries Ltd. | Chemicals | -0.00% | ₹-0.00 Cr | -0.11% | — | — |
| Bajaj Auto Ltd. | Automobile | -0.00% | ₹-0.00 Cr | — | — | — |
| Patanjali Foods Ltd. | Consumer Staples | -0.00% | ₹-0.00 Cr | — | — | -0.11% |
| Swiggy Ltd. | Services | -0.00% | ₹-0.00 Cr | -0.17% | 0.00% | — |
| Bharat Petroleum Corporation Ltd. | Energy | -0.00% | ₹-0.00 Cr | -0.01% | -0.40% | -0.02% |
| Nestle India Ltd. | Consumer Staples | -0.00% | ₹-0.00 Cr | -0.05% | -0.03% | -0.01% |
| SRF Ltd. | Chemicals | -0.00% | ₹-0.00 Cr | — | — | — |
| Bharat Electronics Ltd. | Capital Goods | -0.00% | ₹-0.00 Cr | -0.43% | -0.04% | -0.25% |
| Bank of Maharashtra | Financial | -0.00% | ₹-0.00 Cr | — | — | — |
| Larsen & Toubro Ltd. | Construction | -0.00% | ₹-0.00 Cr | — | -0.34% | — |
| Tata Motors Passenger Vehicles Ltd. | Automobile | -0.00% | ₹-0.00 Cr | -0.95% | -0.05% | — |
| Bosch Ltd. | Automobile | -0.00% | ₹-0.00 Cr | -0.05% | — | — |
| Zydus Lifesciences Ltd. | Healthcare | -0.00% | ₹-0.00 Cr | -1.01% | -0.07% | -0.01% |
| Motilal Oswal Financial Services Ltd. | Financial | -0.00% | ₹-0.00 Cr | -0.02% | — | — |
| Shriram Finance Ltd | Financial | -0.00% | ₹-0.00 Cr | -0.18% | -0.18% | -1.20% |
| National Aluminium Company Ltd. | Metals & Mining | -0.00% | ₹-0.00 Cr | -1.04% | -0.44% | -0.64% |
| Supreme Industries Ltd. | Materials | -0.00% | ₹-0.00 Cr | -0.10% | — | -0.07% |
| TVS Motor Company Ltd. | Automobile | -0.00% | ₹-0.00 Cr | -0.30% | -1.27% | -0.34% |
| Bajaj Finserv Ltd. | Financial | -0.00% | ₹-0.00 Cr | -0.14% | 0.00% | -0.58% |
| Aurobindo Pharma Ltd. | Healthcare | -0.00% | ₹-0.00 Cr | -1.04% | -0.81% | -0.28% |
| Maruti Suzuki India Ltd. | Automobile | -0.00% | ₹-0.00 Cr | -0.06% | -0.09% | — |
| One 97 Communications Ltd. | Services | -0.00% | ₹-0.00 Cr | -0.05% | -0.16% | -1.49% |
| SBI Cards And Payment Services Ltd. | Financial | -0.00% | ₹-0.00 Cr | — | — | — |
| Amber Enterprises India Ltd. | Consumer Discretionary | -0.00% | ₹-0.00 Cr | -0.19% | — | — |
| Tata Power Company Ltd. | Energy | -0.00% | ₹-0.00 Cr | -0.59% | -0.67% | -2.44% |
| Indusind Bank Ltd. | Financial | -0.00% | ₹-0.00 Cr | -0.01% | -0.04% | -0.98% |
| Suzlon Energy Ltd. | Capital Goods | -0.00% | ₹-0.00 Cr | -0.08% | -0.31% | -0.10% |
| Hindustan Unilever Ltd. | Consumer Staples | -0.00% | ₹-0.01 Cr | -0.06% | -0.03% | -0.03% |
| Torrent Pharmaceuticals Ltd. | Healthcare | -0.00% | ₹-0.01 Cr | -0.01% | — | — |
| Cipla Ltd. | Healthcare | -0.00% | ₹-0.01 Cr | -0.02% | — | — |
| Bharat Forge Ltd. | Automobile | -0.00% | ₹-0.01 Cr | — | — | — |
| Dabur India Ltd. | Consumer Staples | -0.00% | ₹-0.01 Cr | -0.31% | -0.30% | -0.07% |
| Computer Age Management Services Ltd. | Services | -0.00% | ₹-0.01 Cr | -0.48% | — | -0.02% |
| Avenue Supermarts Ltd. | Services | -0.00% | ₹-0.01 Cr | — | — | — |
| Lupin Ltd. | Healthcare | -0.00% | ₹-0.01 Cr | — | -0.01% | -0.17% |
| Voltas Ltd. | Consumer Discretionary | -0.00% | ₹-0.01 Cr | — | — | — |
| Hindustan Petroleum Corporation Ltd. | Energy | -0.00% | ₹-0.01 Cr | -0.22% | — | -0.01% |
| Tech Mahindra Ltd. | Technology | -0.00% | ₹-0.01 Cr | — | — | — |
| Bajaj Holdings & Investment Ltd. | Financial | -0.00% | ₹-0.01 Cr | -0.14% | -0.01% | — |
| Marico Ltd. | Consumer Staples | -0.00% | ₹-0.01 Cr | -0.05% | -0.42% | -3.54% |
| Coforge Ltd. | Technology | -0.00% | ₹-0.02 Cr | — | -0.09% | -0.78% |
| PG Electroplast Ltd. | Capital Goods | -0.00% | ₹-0.02 Cr | — | — | — |
| Ashok Leyland Ltd. | Automobile | -0.00% | ₹-0.02 Cr | -0.49% | — | — |
| Aditya Birla Capital Ltd. | Financial | -0.00% | ₹-0.02 Cr | -0.25% | -0.01% | -1.13% |
| Hindustan Aeronautics Ltd. | Capital Goods | -0.00% | ₹-0.02 Cr | -0.09% | -0.32% | -1.14% |
| PB Fintech Ltd. | Services | -0.00% | ₹-0.02 Cr | — | -0.57% | — |
| Tube Investments Of India Ltd. | Automobile | -0.00% | ₹-0.02 Cr | — | — | -0.01% |
| Jindal Steel Ltd. | Metals & Mining | -0.00% | ₹-0.02 Cr | -0.07% | -0.02% | -0.01% |
| Hindalco Industries Ltd. | Metals & Mining | -0.00% | ₹-0.02 Cr | -0.94% | -0.01% | — |
| PNB Housing Finance Ltd. | Financial | -0.00% | ₹-0.02 Cr | -0.44% | -0.90% | -6.04% |
| AU Small Finance Bank Ltd. | Financial | -0.00% | ₹-0.03 Cr | -1.99% | -1.05% | -0.75% |
| Varun Beverages Ltd. | Consumer Staples | -0.00% | ₹-0.04 Cr | -0.77% | -0.41% | -0.18% |
| Coal India Ltd. | Materials | -0.00% | ₹-0.04 Cr | -0.19% | — | -0.46% |
| APL Apollo Tubes Ltd. | Metals & Mining | -0.00% | ₹-0.04 Cr | -0.06% | -0.03% | -0.24% |
| Colgate-Palmolive (India) Ltd. | Consumer Staples | -0.00% | ₹-0.04 Cr | — | -0.02% | — |
| Adani Power Ltd. | Energy | -0.00% | ₹-0.05 Cr | -3.45% | — | — |
| Vodafone Idea Ltd. | Communication | -0.00% | ₹-0.05 Cr | -0.71% | -0.21% | — |
| GAIL (India) Ltd. | Energy | -0.00% | ₹-0.05 Cr | -0.01% | -0.42% | -0.01% |
| Tata Consumer Products Ltd. | Consumer Staples | -0.00% | ₹-0.05 Cr | -0.43% | -0.17% | -1.49% |
| GE Vernova T&D India Ltd | Capital Goods | -0.00% | ₹-0.06 Cr | -0.12% | — | — |
| Ambuja Cements Ltd. | Materials | -0.00% | ₹-0.06 Cr | -1.17% | -1.36% | -0.10% |
| Bharti Airtel Ltd. | Communication | -0.00% | ₹-0.06 Cr | — | -0.79% | -0.04% |
| Muthoot Finance Ltd. | Financial | -0.00% | ₹-0.06 Cr | — | — | — |
| Indus Towers Ltd. | Communication | -0.00% | ₹-0.07 Cr | -1.53% | -0.06% | -1.32% |
| The Indian Hotels Company Ltd. | Services | -0.00% | ₹-0.07 Cr | -0.64% | -0.08% | -0.13% |
| RBL Bank Ltd. | Financial | -0.00% | ₹-0.07 Cr | -2.20% | -6.00% | -5.06% |
| Bank of India | Financial | -0.00% | ₹-0.08 Cr | -1.04% | -0.15% | -0.22% |
| ITC Ltd. | Consumer Staples | -0.00% | ₹-0.09 Cr | -2.08% | -3.36% | -1.95% |
| Laurus Labs Ltd. | Healthcare | -0.00% | ₹-0.09 Cr | -1.44% | -1.74% | -2.30% |
| IDFC First Bank Ltd. | Financial | -0.00% | ₹-0.10 Cr | -2.15% | -1.11% | -0.14% |
| Mphasis Ltd. | Technology | -0.00% | ₹-0.12 Cr | -0.02% | -0.48% | -0.01% |
| Cummins India Ltd. | Capital Goods | -0.00% | ₹-0.12 Cr | -0.49% | -0.06% | — |
| HDFC Asset Management Company Ltd. | Financial | -0.00% | ₹-0.14 Cr | -1.89% | -4.24% | -0.01% |
| Divi's Laboratories Ltd. | Healthcare | -0.00% | ₹-0.14 Cr | -0.30% | -0.20% | 0.00% |
| Biocon Ltd. | Healthcare | -0.00% | ₹-0.15 Cr | -1.63% | -1.13% | -0.25% |
| Indian Energy Exchange Ltd. | Services | -0.00% | ₹-0.16 Cr | -1.36% | -0.45% | — |
| Kalyan Jewellers India Ltd. | Consumer Discretionary | -0.00% | ₹-0.16 Cr | -0.25% | — | -0.37% |
| Power Finance Corporation Ltd. | Financial | -0.00% | ₹-0.17 Cr | — | -0.65% | -0.79% |
| Container Corporation Of India Ltd. | Services | -0.00% | ₹-0.18 Cr | -1.95% | -1.96% | -0.12% |
| NBCC (India) Ltd. | Construction | -0.01% | ₹-0.18 Cr | -3.01% | -0.74% | -0.39% |
| Life Insurance Corporation of India | Insurance | -0.01% | ₹-0.19 Cr | — | — | -0.03% |
| Inox Wind Ltd. | Capital Goods | -0.01% | ₹-0.19 Cr | -0.83% | -0.68% | -0.51% |
| The Federal Bank Ltd. | Financial | -0.01% | ₹-0.22 Cr | -0.07% | -0.96% | -1.49% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | -0.01% | ₹-0.22 Cr | -0.01% | -0.14% | — |
| Bajaj Finance Ltd. | Financial | -0.01% | ₹-0.24 Cr | -1.44% | -1.73% | — |
| State Bank of India | Financial | -0.01% | ₹-0.24 Cr | -1.52% | -2.26% | -14.27% |
| Infosys Ltd. | Technology | -0.01% | ₹-0.25 Cr | — | — | — |
| Tata Steel Ltd. | Metals & Mining | -0.01% | ₹-0.31 Cr | -0.07% | -0.24% | — |
| Manappuram Finance Ltd. | Financial | -0.01% | ₹-0.31 Cr | -1.34% | -0.64% | -0.48% |
| Adani Energy Solutions Ltd. | Energy | -0.01% | ₹-0.33 Cr | -6.04% | -0.18% | — |
| LIC Housing Finance Ltd. | Financial | -0.01% | ₹-0.33 Cr | — | -2.14% | -0.12% |
| Glenmark Pharmaceuticals Ltd. | Healthcare | -0.01% | ₹-0.37 Cr | -2.59% | -2.25% | -0.07% |
| JSW Steel Ltd. | Metals & Mining | -0.01% | ₹-0.40 Cr | -2.78% | -3.28% | -3.28% |
| Godrej Properties Ltd. | Construction | -0.01% | ₹-0.41 Cr | -4.28% | -4.66% | -0.02% |
| Bandhan Bank Ltd. | Financial | -0.01% | ₹-0.43 Cr | -7.25% | -2.82% | -2.34% |
| Yes Bank Ltd. | Financial | -0.01% | ₹-0.47 Cr | -5.44% | -2.20% | -0.53% |
| Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | -0.02% | ₹-0.65 Cr | -3.12% | -1.97% | -2.10% |
| Reliance Industries Ltd. | Energy | -0.02% | ₹-0.71 Cr | -3.40% | -3.89% | -9.37% |
| Canara Bank | Financial | -0.03% | ₹-0.98 Cr | -1.33% | -0.17% | -1.38% |
| ICICI Bank Ltd. | Financial | -0.03% | ₹-1.07 Cr | -8.71% | -12.66% | -12.70% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Reliance Industries Ltd. | -1.34% | -4.86% | -3.51% |
| Indian Bank | 2.23% | 0.66% | -1.57% |
| Others | 70.78% | 69.28% | -1.50% |
| ICICI Bank Ltd. | -3.91% | -5.35% | -1.44% |
| HSBC Money Market Fund Direct-Growth | 15.76% | 14.34% | -1.42% |
| Steel Authority Of India Ltd. | -4.00% | -3.17% | +0.83% |
| Divi's Laboratories Ltd. | -0.02% | -0.84% | -0.82% |
| Sun Pharmaceutical Industries Ltd. | 0.00% | -0.74% | -0.74% |
| JIO Financial Services Ltd. | -1.56% | -0.94% | +0.62% |
| Bajaj Finance Ltd. | -0.43% | -0.99% | -0.56% |
| Kalyan Jewellers India Ltd. | -1.29% | -0.79% | +0.50% |
| Canara Bank | -3.52% | -3.06% | +0.46% |
| Bandhan Bank Ltd. | -2.81% | -2.37% | +0.44% |
| Bharti Airtel Ltd. | -0.73% | -0.30% | +0.42% |
| HDFC Life Insurance Co Ltd. | -1.67% | -1.25% | +0.42% |
| Laurus Labs Ltd. | 0.00% | -0.39% | -0.39% |
| Godrej Properties Ltd. | -1.67% | -1.29% | +0.38% |
| Crompton Greaves Consumer Electricals Ltd. | -1.64% | -2.02% | -0.38% |
| Punjab National Bank | -1.82% | -1.46% | +0.36% |
| Indus Towers Ltd. | -0.99% | -0.64% | +0.35% |
| Axis Bank Ltd. | -1.60% | -1.27% | +0.34% |
| Indian Energy Exchange Ltd. | -1.37% | -1.04% | +0.33% |
| The Federal Bank Ltd. | -0.35% | -0.66% | -0.32% |
| Hindustan Petroleum Corporation Ltd. | -0.35% | -0.04% | +0.31% |
| AU Small Finance Bank Ltd. | -1.04% | -0.73% | +0.31% |
| Indusind Bank Ltd. | 0.00% | -0.30% | -0.30% |
| NMDC Ltd. | -1.46% | -1.17% | +0.29% |
| Voltas Ltd. | -0.32% | -0.05% | +0.27% |
| Jindal Steel Ltd. | -0.03% | -0.28% | -0.25% |
| Glenmark Pharmaceuticals Ltd. | -1.23% | -0.98% | +0.24% |
| Yes Bank Ltd. | -2.07% | -1.84% | +0.23% |
| HDFC Asset Management Company Ltd. | -0.67% | -0.44% | +0.23% |
| Hindustan Unilever Ltd. | -0.51% | -0.29% | +0.22% |
| Bank of India | -0.50% | -0.30% | +0.20% |
| Max Financial Services Ltd. | -0.21% | -0.00% | +0.20% |
| Life Insurance Corporation of India | -0.27% | -0.47% | -0.20% |
| National Bank For Agriculture & Rural Development | 2.20% | 2.00% | -0.20% |
| Adani Energy Solutions Ltd. | -1.44% | -1.24% | +0.19% |
| Adani Power Ltd. | -2.74% | -2.55% | +0.19% |
| ITC Ltd. | -0.97% | -0.78% | +0.19% |
| JSW Steel Ltd. | -1.31% | -1.12% | +0.19% |
| Ambuja Cements Ltd. | -0.97% | -0.79% | +0.18% |
| HDFC Bank Ltd. | -5.00% | -4.83% | +0.17% |
| State Bank of India | -0.66% | -0.83% | -0.17% |
| HSBC Ultra Short Term Fund Direct-Growth | 1.93% | 1.76% | -0.17% |
| Infosys Ltd. | -0.97% | -0.80% | +0.16% |
| NBCC (India) Ltd. | -0.79% | -0.63% | +0.16% |
| Hitachi Energy India Ltd. | -0.19% | -0.03% | +0.16% |
| Vodafone Idea Ltd. | -0.72% | -0.57% | +0.15% |
| Kotak Mahindra Bank Ltd. | -0.12% | -0.26% | -0.14% |
| IDFC First Bank Ltd. | -1.33% | -1.47% | -0.14% |
| Adani Ports and Special Economic Zone Ltd. | -0.14% | -0.01% | +0.14% |
| Colgate-Palmolive (India) Ltd. | 0.00% | -0.13% | -0.13% |
| Maruti Suzuki India Ltd. | -0.19% | -0.06% | +0.13% |
| Sagility Ltd. | -0.05% | 0.07% | +0.13% |
| PB Fintech Ltd. | 0.00% | -0.13% | -0.13% |
| APL Apollo Tubes Ltd. | -0.05% | -0.17% | -0.12% |
| SBI Life Insurance Company Ltd. | -0.16% | -0.04% | +0.12% |
| Container Corporation Of India Ltd. | -0.68% | -0.57% | +0.11% |
| Tata Motors Passenger Vehicles Ltd. | -0.32% | -0.21% | +0.11% |
| Coal India Ltd. | -0.52% | -0.41% | +0.11% |
| company:8003 | -0.11% | 0.00% | +0.11% |
| company:5932 | -0.11% | 0.00% | +0.11% |
| Adani Green Energy Ltd. | -0.24% | -0.13% | +0.11% |
| Apollo Hospitals Enterprise Ltd. | -0.22% | -0.12% | +0.10% |
| PNB Housing Finance Ltd. | -0.00% | -0.10% | -0.10% |
| Small Industries Devp. Bank of India Ltd. | 0.75% | 0.65% | -0.10% |
| Bharat Electronics Ltd. | -0.12% | -0.03% | +0.09% |
| Indian Oil Corporation Ltd. | -0.23% | -0.14% | +0.09% |
| Muthoot Finance Ltd. | -0.12% | -0.21% | -0.09% |
| Computer Age Management Services Ltd. | -0.12% | -0.03% | +0.09% |
| Bharat Heavy Electricals Ltd. | -0.60% | -0.52% | +0.09% |
| Inox Wind Ltd. | -0.73% | -0.65% | +0.08% |
| Aurobindo Pharma Ltd. | -0.10% | -0.02% | +0.08% |
| UPL Ltd. | -0.08% | -0.00% | +0.08% |
| Eternal Ltd. | -0.00% | -0.08% | -0.07% |
| Delhivery Ltd. | -0.01% | -0.07% | -0.07% |
| RBL Bank Ltd. | -0.11% | -0.18% | -0.07% |
| Manappuram Finance Ltd. | -1.12% | -1.06% | +0.07% |
| Hindalco Industries Ltd. | -0.13% | -0.07% | +0.07% |
| Patanjali Foods Ltd. | -0.07% | -0.00% | +0.06% |
| The Indian Hotels Company Ltd. | -0.19% | -0.25% | -0.06% |
| NTPC Ltd. | -0.07% | -0.01% | +0.06% |
| Biocon Ltd. | -0.45% | -0.40% | +0.06% |
| Varun Beverages Ltd. | -1.68% | -1.74% | -0.06% |
| LIC Housing Finance Ltd. | -0.81% | -0.76% | +0.05% |
| Aditya Birla Capital Ltd. | -0.12% | -0.07% | +0.05% |
| Ashok Leyland Ltd. | -0.01% | -0.05% | -0.05% |
| GAIL (India) Ltd. | -0.09% | -0.13% | -0.04% |
| Fortis Healthcare Ltd. | -0.13% | -0.09% | +0.03% |
| Mphasis Ltd. | -0.38% | -0.42% | -0.03% |
| Bajaj Finserv Ltd. | -0.00% | -0.04% | -0.03% |
| Bank Of Baroda | -0.22% | -0.19% | +0.03% |
| Interglobe Aviation Ltd. | 0.00% | -0.03% | -0.03% |
| Tata Consumer Products Ltd. | -0.20% | -0.18% | +0.03% |
| Avenue Supermarts Ltd. | 0.00% | -0.03% | -0.03% |
| Lupin Ltd. | -0.01% | -0.03% | -0.03% |
| Coforge Ltd. | -0.01% | -0.04% | -0.03% |
| Tata Power Company Ltd. | -0.07% | -0.04% | +0.03% |
| Tech Mahindra Ltd. | -0.03% | -0.05% | -0.03% |
| Cummins India Ltd. | -0.45% | -0.42% | +0.03% |
| Cholamandalam Investment and Finance Company Ltd. | 0.00% | -0.03% | -0.03% |
| PG Electroplast Ltd. | -0.01% | -0.04% | -0.02% |
| Suzlon Energy Ltd. | -0.09% | -0.07% | +0.02% |
| ICICI Lombard General Insurance Company Ltd. | -0.05% | -0.03% | +0.02% |
| company:7037 | -0.02% | 0.00% | +0.02% |
| Power Grid Corporation Of India Ltd. | -0.03% | -0.01% | +0.02% |
| One 97 Communications Ltd. | 0.00% | -0.02% | -0.02% |
| Shriram Finance Ltd | 0.00% | -0.02% | -0.02% |
| Larsen & Toubro Ltd. | -0.02% | -0.04% | -0.02% |
| United Spirits Ltd. | -0.02% | -0.00% | +0.02% |
| Vedanta Ltd. | -0.05% | -0.07% | -0.02% |
| Amber Enterprises India Ltd. | 0.00% | -0.02% | -0.02% |
| Adani Enterprises Ltd. | -0.50% | -0.49% | +0.01% |
| company:321 | -0.01% | 0.00% | +0.01% |
| Tata Steel Ltd. | -0.90% | -0.88% | +0.01% |
| SRF Ltd. | -0.02% | -0.01% | +0.01% |
| Power Finance Corporation Ltd. | -0.50% | -0.51% | -0.01% |
| Samvardhana Motherson International Ltd. | -0.02% | -0.00% | +0.01% |
| Bajaj Holdings & Investment Ltd. | -0.09% | -0.08% | +0.01% |
| SBI Cards And Payment Services Ltd. | 0.00% | -0.01% | -0.01% |
| Supreme Industries Ltd. | -0.00% | -0.01% | -0.01% |
| Dabur India Ltd. | -0.06% | -0.05% | +0.01% |
| Cipla Ltd. | -0.01% | -0.02% | -0.01% |
| company:18041 | -0.01% | 0.00% | +0.01% |
| Hindustan Zinc Ltd. | -0.01% | -0.00% | +0.01% |
| UNO Minda Ltd. | 0.00% | -0.01% | -0.01% |
| Bosch Ltd. | 0.00% | -0.01% | -0.01% |
| company:16192 | -0.01% | 0.00% | +0.01% |
| TVS Motor Company Ltd. | 0.00% | -0.01% | -0.01% |
| National Aluminium Company Ltd. | 0.00% | -0.01% | -0.01% |
| company:6959 | -0.01% | 0.00% | +0.01% |
| Swiggy Ltd. | 0.00% | -0.01% | -0.01% |
| Bharat Petroleum Corporation Ltd. | 0.00% | -0.00% | 0.00% |
| Hindustan Aeronautics Ltd. | -0.06% | -0.06% | 0.00% |
| Torrent Pharmaceuticals Ltd. | -0.02% | -0.02% | 0.00% |
| Union Bank of India | -0.01% | -0.02% | 0.00% |
| Bajaj Auto Ltd. | -0.01% | -0.00% | 0.00% |
| Info Edge (India) Ltd. | 0.00% | -0.00% | 0.00% |
| Nestle India Ltd. | 0.00% | -0.00% | 0.00% |
| Astral Ltd. | 0.00% | -0.00% | 0.00% |
| GE Vernova T&D India Ltd | -0.16% | -0.16% | 0.00% |
| Bank of Maharashtra | 0.00% | -0.00% | 0.00% |
| Tube Investments Of India Ltd. | -0.05% | -0.05% | 0.00% |
| Alkem Laboratories Ltd. | -0.01% | -0.01% | 0.00% |
| company:998 | -0.00% | 0.00% | 0.00% |
| Vishal Mega Mart Ltd. | -0.00% | -0.00% | 0.00% |
| Pidilite Industries Ltd. | 0.00% | -0.00% | 0.00% |
| CG Power and Industrial Solutions Ltd. | 0.00% | -0.00% | 0.00% |
| Motilal Oswal Financial Services Ltd. | -0.00% | -0.00% | 0.00% |
| Mahindra & Mahindra Ltd. | 0.00% | -0.00% | 0.00% |
| Zydus Lifesciences Ltd. | -0.01% | -0.01% | 0.00% |
| JSW Energy Ltd. | 0.00% | -0.00% | 0.00% |
| Oil And Natural Gas Corporation Ltd. | 0.00% | -0.00% | 0.00% |
| HCL Technologies Ltd. | -0.00% | -0.00% | 0.00% |
| Bharat Forge Ltd. | -0.09% | -0.09% | 0.00% |
| Ultratech Cement Ltd. | -0.00% | -0.00% | 0.00% |
| Marico Ltd. | -0.04% | -0.04% | 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 | ₹39,759 Cr | 2.36% | 6.0% | 6.4% | 6.6% |
 Kotak Arbitrage Fund | ₹75,275 Cr | 2.86% | 6.0% | 6.4% | 6.6% |
 SBI Arbitrage Fund | ₹46,309 Cr | 1.95% | 6.0% | 6.3% | 6.6% |
 Invesco India Arbitrage Fund | ₹26,552 Cr | 2.82% | 6.1% | 6.4% | 6.6% |
 UTI Arbitrage Fund | ₹10,900 Cr | 1.80% | 5.9% | 6.3% | 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
- Dipan S. ParikhMr. Parikh has done B.ComHe has been working with HSBC Mutual Fund since 2006
- 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 months2.91% absolute | ₹60,000 | ₹61,746 | 2.91% | |
| 1 year6.10% annualised | ₹1,20,000 | ₹1,24,040 | 3.37% | |
| 3 years6.50% annualised | ₹3,60,000 | ₹3,98,464 | 10.68% | |
| 5 years6.01% annualised | ₹6,00,000 | ₹7,01,375 | 16.90% |
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 ₹20.51 as on 9 Nov 2026.
What is the expense ratio of HSBC Arbitrage Fund?
The expense ratio of HSBC Arbitrage Fund is 2.07% 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 15 days.
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 ₹1,58,065 Cr under management.