Should I invest in HDFC ARBITRAGE FUND - Wholesale IDCW Option?

We don't give personal investment advice. HDFC ARBITRAGE FUND - Wholesale IDCW Option - Direct Plan 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: 1.2%. 5-year CAGR: 1.48%.

HDFC

HDFC ARBITRAGE FUND - Wholesale IDCW Option - Direct Plan

Latest NAV

₹11.6600

As of

20 May 2026

2,986 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	+0.02%	+0.02%	+0.00	1 / 2	Q2
1W	-0.36%	-0.14%	-0.21	2 / 2	Q4
2W	-0.26%	-0.04%	-0.21	2 / 2	Q4
1M	-0.54%	-0.11%	-0.43	2 / 2	Q4
3M	+0.07%	+0.72%	-0.65	2 / 2	Q4
6M	+0.51%	+1.82%	-1.31	2 / 2	Q4
YTD	+0.21%	+1.30%	-1.09	2 / 2	Q4
1Y	+0.61%	+3.50%	-2.89	2 / 2	Q4
2Y	+1.46%	+4.28%	-2.82	2 / 2	Q4
3Y	+2.07%	+4.75%	-2.69	2 / 2	Q4
4Y	+1.93%	+4.52%	-2.59	2 / 2	Q4
5Y	+1.48%	+4.00%	-2.52	2 / 2	Q4
7Y	+1.09%	+3.57%	-2.48	2 / 2	Q4
10Y	+0.90%	+3.53%	-2.63	2 / 2	Q4
Inception	+1.27%	+3.95%	-2.68	2 / 2	Q4

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	+0.21%	+1.30%	-1.09	2 / 2
2025	+1.48%	+4.18%	-2.70	2 / 2
2024	+2.60%	+5.38%	-2.78	2 / 2
2023	+2.91%	+5.35%	-2.44	2 / 2
2022	+0.18%	+2.46%	-2.27	2 / 2
2021	+0.82%	+2.52%	-1.70	2 / 2
2020	-0.24%	+1.99%	-2.23	2 / 2
2019	+0.07%	+3.29%	-3.22	2 / 2
2018	-0.09%	+3.04%	-3.14	2 / 2
2017	+0.21%	+3.09%	-2.87	2 / 2
2016	+1.56%	+4.40%	-2.84	2 / 2

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

+1.23%

136 windows

min -1.1% · max 6.1%

78% positive

3-Year rolling

+0.93%

112 windows

min -0.3% · max 2.5%

88% positive

5-Year rolling

+0.76%

88 windows

min 0.0% · max 1.7%

100% positive

7-Year rolling

+0.76%

63 windows

min 0.3% · max 1.3%

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

1.14%

3-year · annualised

Sharpe ratio

-3.90

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.98%

Jul 2024 → Aug 2024

% positive months

63.9%

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

Scheme	Fund house	NAV	As of
HDFC ARBITRAGE FUND - Growth Option - Direct Plan	HDFC	₹33.7610	20 May 2026

Recent NAVs

Date	NAV
21 May 2026	₹11.6620
20 May 2026	₹11.6600
19 May 2026	₹11.7190
18 May 2026	₹11.7160
15 May 2026	₹11.7160
14 May 2026	₹11.7040
13 May 2026	₹11.6980
12 May 2026	₹11.7010
11 May 2026	₹11.7010
8 May 2026	₹11.6970

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 20 May 2026, the NAV of HDFC ARBITRAGE FUND - Wholesale IDCW Option - Direct Plan is ₹11.6600. It's a Arbitrage from HDFC, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

HDFC ARBITRAGE FUND - Wholesale IDCW Option - Direct Plan has NAV history starting from 27 Mar 2014, a track record of about 12 years 2 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

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

Over the trailing 1-year window, HDFC ARBITRAGE FUND - Wholesale IDCW Option - Direct Plan has delivered a absolute return of 0.61% — -2.89 pp behind the Arbitrage category average of 3.50%. The fund ranks #2 of 2 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, HDFC ARBITRAGE FUND - Wholesale IDCW Option - Direct Plan has delivered a CAGR of 2.07% — -2.69 pp behind the Arbitrage category average of 4.75%. The fund ranks #2 of 2 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, HDFC ARBITRAGE FUND - Wholesale IDCW Option - Direct Plan has delivered a CAGR of 1.48% — -2.52 pp behind the Arbitrage category average of 4.00%. The fund ranks #2 of 2 in its category — the bottom (Q4) quartile.

₹1 lakh invested in HDFC ARBITRAGE FUND - Wholesale IDCW Option - Direct Plan exactly 10 years ago would be worth approximately ₹109,390 today — a multiplier of 1.09×, based on the 10-year CAGR of 0.90%. The category average over the same window would have grown ₹1 lakh to ₹141,476.

A ₹10,000 monthly SIP in HDFC ARBITRAGE FUND - Wholesale IDCW Option - Direct Plan over the last 5 years — total invested ₹600,000 — would be worth ₹626,205 today. That's an XIRR (money-weighted annualised return) of 1.69%.

A ₹10,000 monthly SIP for 10 years in HDFC ARBITRAGE FUND - Wholesale IDCW Option - Direct Plan = ₹1,200,000 invested. It would currently be worth ₹1,276,052 (multiplier 1.06×). XIRR: 1.21%. 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 - Wholesale IDCW Option - Direct Plan ranks #2 out of 2 funds in the Arbitrage category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 4.00%; this fund delivered 1.48%.

The worst peak-to-trough decline HDFC ARBITRAGE FUND - Wholesale IDCW Option - Direct Plan has experienced over the last 5-year window is 1.25% — its NAV fell from a high on 20 Aug 2021 to a low on 23 Aug 2022. 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 - Wholesale IDCW Option - Direct Plan averaged 0.76% (best 1.70%, worst 0.03%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -4.62 — negative risk-adjusted performance.

In calendar year 2025, HDFC ARBITRAGE FUND - Wholesale IDCW Option - Direct Plan returned 1.48% — lagging the Arbitrage category average of 4.18% by 2.70 pp. It ranked #2 of 2 in its category that year.

HDFC ARBITRAGE FUND - Wholesale IDCW Option - Direct Plan 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 - Wholesale IDCW Option - Direct Plan 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: 1.2%. 5-year CAGR: 1.48%.

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