Should I invest in HDFC ARBITRAGE FUND?

We don't give personal investment advice. HDFC ARBITRAGE FUND - Regular Plan -Growth Option is suitable for an investor whose:horizon is 3-5 years — too short for pure equity, too long for pure debtwants a single fund that automatically rebalances between equity and debtis comfortable trading some upside for lower volatility vs a pure equity fundCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.8%. 5-year CAGR: 5.99%.

HDFC

HDFC ARBITRAGE FUND - Regular Plan -Growth Option

Latest NAV

₹32.5740

As of

24 Jul 2026

4,608 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	-0.04%	-0.02%	-0.02	5 / 6	Q4
1W	+0.04%	-0.04%	+0.08	1 / 6	Q1
2W	+0.15%	+0.06%	+0.09	3 / 6	Q2
1M	+0.48%	+0.40%	+0.08	3 / 6	Q2
3M	+1.45%	+1.23%	+0.23	3 / 6	Q2
6M	+2.91%	+2.46%	+0.45	2 / 6	Q2
YTD	+3.35%	+2.30%	+1.05	2 / 6	Q2
1Y	+5.96%	+5.09%	+0.87	3 / 6	Q2
2Y	+6.37%	+5.34%	+1.03	2 / 5	Q2
3Y	+6.88%	+5.43%	+1.45	1 / 4	Q1
4Y	+6.72%	+5.33%	+1.39	1 / 4	Q1
5Y	+5.99%	+4.69%	+1.31	1 / 4	Q1
7Y	+5.48%	+3.89%	+1.59	1 / 4	Q1
10Y	+5.60%	+3.27%	+2.33	1 / 4	Q1
Inception	+6.50%	+4.59%	+1.91	2 / 6	Q2

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+3.35%	+2.73%	+0.62	2 / 5
2025	+6.29%	+5.16%	+1.13	2 / 5
2024	+7.60%	+6.08%	+1.52	1 / 4
2023	+7.24%	+5.94%	+1.30	1 / 4
2022	+4.16%	+3.03%	+1.13	1 / 4
2021	+3.65%	+2.72%	+0.93	3 / 4
2020	+3.65%	+1.45%	+2.19	1 / 4
2019	+5.98%	+1.89%	+4.08	1 / 4
2018	+5.65%	+1.63%	+4.02	1 / 4
2017	+5.41%	+1.24%	+4.17	1 / 5
2016	+6.71%	+3.34%	+3.37	2 / 5

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+6.47%

217 windows

min 3.0% · max 9.3%

100% positive

3-Year rolling

+6.44%

192 windows

min 3.6% · max 8.6%

100% positive

5-Year rolling

+6.38%

168 windows

min 4.5% · max 8.4%

100% positive

7-Year rolling

+6.37%

144 windows

min 5.0% · max 7.8%

100% positive

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

0.44%

3-year · annualised

Sharpe ratio

—

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.82%

Aug 2024 → Aug 2024

% positive months

100.0%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Arbitrage Fund

Scheme	Fund house	NAV	As of
HDFC ARBITRAGE FUND - Monthly IDCW - Direct Plan	HDFC	₹11.3010	24 Jul 2026
NIPPON INDIA ARBITRAGE FUND - DIRECT Plan - IDCW Option	Nippon India	₹18.8955	24 Jul 2026
SBI Arbitrage Opportunities Fund - Direct Plan - Gr	SBI	₹38.4257	24 Jul 2026
ICICI Prudential Arbitrage Fund - Direct Plan - IDCW	ICICI Prudential	₹17.8290	24 Jul 2026
Invesco India Arbitrage Fund - Direct Plan - Annual Bonus	Invesco	₹36.9547	24 Jul 2026
BANDHAN Arbitrage Fund - Regular Plan - Annual IDCW	Bandhan	₹10.8626	24 Jul 2026
quant Arbitrage Fund - IDCW Option - Direct Plan	Quant	₹10.9727	24 Jul 2026
Aditya Birla Sun Life Arbitrage Fund-DIRECT - IDCW	Aditya Birla Sun Life	₹11.5283	24 Jul 2026
Motilal Oswal Arbitrage Fund-Direct Plan-IDCW	Motilal Oswal	₹11.0111	24 Jul 2026
Franklin India Arbitrage Fund - Direct - IDCW	Franklin India	₹11.2093	24 Jul 2026

Recent NAVs

Date	NAV
24 Jul 2026	₹32.5740
23 Jul 2026	₹32.5880
22 Jul 2026	₹32.5860
21 Jul 2026	₹32.5740
20 Jul 2026	₹32.5490
17 Jul 2026	₹32.5620
16 Jul 2026	₹32.5310
15 Jul 2026	₹32.5400
14 Jul 2026	₹32.5470
13 Jul 2026	₹32.5200

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 24 Jul 2026, the NAV of HDFC ARBITRAGE FUND - Regular Plan -Growth Option is ₹32.5740. It's a Arbitrage Fund from HDFC, run as a Unknown plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

HDFC ARBITRAGE FUND - Regular Plan -Growth Option has NAV history starting from 29 Oct 2007, a track record of about 18 years 8 months. Long-tenured funds like this have weathered multiple market cycles — the 2008 crash, 2013 taper tantrum, 2020 COVID drawdown — which makes their returns more credible than a 3-year track record alone.

HDFC ARBITRAGE FUND - Regular Plan -Growth Option is managed by HDFC. It's classified by AMFI under the 'Arbitrage Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, HDFC ARBITRAGE FUND - Regular Plan -Growth Option has delivered a absolute return of 5.96% — +0.87 pp ahead of the Arbitrage Fund category average of 5.09%. The fund ranks #3 of 6 in its category — the second (Q2) quartile.

Over the trailing 3-year window, HDFC ARBITRAGE FUND - Regular Plan -Growth Option has delivered a CAGR of 6.88% — +1.45 pp ahead of the Arbitrage Fund category average of 5.43%. The fund ranks #1 of 4 in its category — the top (Q1) quartile.

Over the trailing 5-year window, HDFC ARBITRAGE FUND - Regular Plan -Growth Option has delivered a CAGR of 5.99% — +1.31 pp ahead of the Arbitrage Fund category average of 4.69%. The fund ranks #1 of 4 in its category — the top (Q1) quartile.

₹1 lakh invested in HDFC ARBITRAGE FUND - Regular Plan -Growth Option exactly 10 years ago would be worth approximately ₹172,405 today — a multiplier of 1.72×, based on the 10-year CAGR of 5.60%. The category average over the same window would have grown ₹1 lakh to ₹137,966.

A ₹10,000 monthly SIP in HDFC ARBITRAGE FUND - Regular Plan -Growth Option over the last 5 years — total invested ₹600,000 — would be worth ₹707,216 today. That's an XIRR (money-weighted annualised return) of 6.51%.

A ₹10,000 monthly SIP for 10 years in HDFC ARBITRAGE FUND - Regular Plan -Growth Option = ₹1,200,000 invested. It would currently be worth ₹1,613,784 (multiplier 1.34×). XIRR: 5.78%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, HDFC ARBITRAGE FUND - Regular Plan -Growth Option ranks #1 out of 4 funds in the Arbitrage Fund category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 4.69%; this fund delivered 5.99%.

The worst peak-to-trough decline HDFC ARBITRAGE FUND - Regular Plan -Growth Option has experienced over the last 5-year window is 0.82% — its NAV fell from a high on 01 Aug 2024 to a low on 02 Aug 2024. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, HDFC ARBITRAGE FUND - Regular Plan -Growth Option averaged 6.38% (best 8.35%, worst 4.52%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -1.13 — negative risk-adjusted performance.

In calendar year 2025, HDFC ARBITRAGE FUND - Regular Plan -Growth Option returned 6.29% — beating the Arbitrage Fund category average of 5.16% by 1.13 pp. It ranked #2 of 5 in its category that year.

HDFC ARBITRAGE FUND - Regular Plan -Growth Option is a Hybrid scheme. Tax treatment follows its actual equity allocation as disclosed by the AMC: at least 65% equity behaves like an equity fund (12.5% LTCG over 12 months, 20% STCG); 35-65% equity often gets an equity-style treatment with a 24-month threshold; under 35% equity is taxed at slab rate like a debt fund. Check the AMC's latest factsheet for the current classification.

We don't give personal investment advice. HDFC ARBITRAGE FUND - Regular Plan -Growth Option is suitable for an investor whose:

horizon is 3-5 years — too short for pure equity, too long for pure debt
wants a single fund that automatically rebalances between equity and debt
is comfortable trading some upside for lower volatility vs a pure equity fund

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.8%. 5-year CAGR: 5.99%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

HDFC ARBITRAGE FUND - Regular Plan -Growth Option

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Arbitrage Fund

Recent NAVs

Frequently asked questions

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