Should I invest in HSBC Arbitrage Fund - Direct Growth?

We don't give personal investment advice. HSBC Arbitrage Fund - Direct Growth 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.

HSBC

HSBC Arbitrage Fund - Direct Growth

Latest NAV

₹21.4652

As of

3 Jun 2026

864 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	-0.12%	-0.07%	-0.05	23 / 38	Q3
1W	-0.03%	-0.01%	-0.02	17 / 38	Q2
2W	-0.12%	-0.06%	-0.06	35 / 38	Q4
1M	+0.22%	+0.24%	-0.03	24 / 38	Q3
3M	+1.18%	+1.21%	-0.04	23 / 35	Q3
6M	+2.95%	+2.97%	-0.03	23 / 35	Q3
YTD	+2.32%	+2.40%	-0.09	29 / 35	Q4
1Y	+6.14%	+6.22%	-0.07	21 / 31	Q3
2Y	+6.84%	+6.87%	-0.03	18 / 26	Q3
3Y	+7.33%	+7.31%	+0.01	16 / 24	Q3
4Y	—	—	—	—	—
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+7.38%	+5.76%	+1.62	1 / 38	Q1

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	+2.32%	+2.40%	-0.09	29 / 35
2025	+6.87%	+6.83%	+0.04	18 / 30
2024	+7.95%	+7.96%	-0.01	16 / 26
2023	+7.84%	+7.67%	+0.17	11 / 24
2022	—	—	—	—

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

+7.55%

31 windows

min 6.1% · max 8.4%

100% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

+7.51%

7 windows

min 7.3% · max 7.7%

100% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

—

Insufficient history

7-Year rolling

—

Insufficient history

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

0.45%

3-year · annualised

Sharpe ratio

—

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.31%

May 2026 → May 2026

% 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 - Wholesale Growth Option - Direct Plan	HDFC	₹21.3110	3 Jun 2026
Nippon India Arbitrage Fund - Direct Plan Growth Plan - Growth Option	Nippon India	₹30.3224	3 Jun 2026
ICICI Prudential Equity Arbitrage Fund - Direct Plan - Growth	ICICI Prudential	₹38.8587	3 Jun 2026
Invesco India Arbitrage Fund - Direct Plan - Growth Option	Invesco	₹36.5313	3 Jun 2026
BANDHAN Arbitrage Fund-Direct Plan- Growth	Bandhan	₹37.0601	3 Jun 2026
quant Arbitrage Fund - Growth Option - Direct Plan	Quant	₹10.8385	3 Jun 2026
Aditya Birla Sun Life Arbitrage Fund - Growth - Direct Plan	Aditya Birla Sun Life	₹30.2752	3 Jun 2026
Motilal Oswal Arbitrage Fund-Direct Plan-Growth	Motilal Oswal	₹11.0471	3 Jun 2026
Franklin India Arbitrage Fund - Direct - Growth	Franklin India	₹11.0725	3 Jun 2026
Mirae Asset Arbitrage Fund Direct Growth	Mirae Asset	₹14.2840	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹21.4652
2 Jun 2026	₹21.4503
1 Jun 2026	₹21.4768
29 May 2026	₹21.4079
27 May 2026	₹21.4509
26 May 2026	₹21.4560
25 May 2026	₹21.4561
22 May 2026	₹21.4462
21 May 2026	₹21.4645
20 May 2026	₹21.4569

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 03 Jun 2026, the NAV of HSBC Arbitrage Fund - Direct Growth is ₹21.4652. It's a Arbitrage Fund from HSBC, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

HSBC Arbitrage Fund - Direct Growth has NAV history starting from 28 Nov 2022, a track record of about 3 years 6 months. It's a relatively new scheme. With under 5 years of NAVs, peer comparison is the best yardstick — point-to-point returns can be skewed by entry timing.

HSBC Arbitrage Fund - Direct Growth is managed by HSBC. 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, HSBC Arbitrage Fund - Direct Growth has delivered a absolute return of 6.14% — -0.07 pp behind the Arbitrage Fund category average of 6.22%. The fund ranks #21 of 31 in its category — the third (Q3) quartile.

Over the trailing 3-year window, HSBC Arbitrage Fund - Direct Growth has delivered a CAGR of 7.33% — +0.01 pp ahead of the Arbitrage Fund category average of 7.31%. The fund ranks #16 of 24 in its category — the third (Q3) quartile.

HSBC Arbitrage Fund - Direct Growth doesn't have a complete 5-year window yet (we need at least 5 year of NAVs). Check the shorter-window returns above.

₹1 lakh invested in HSBC Arbitrage Fund - Direct Growth exactly 3 years ago would be worth approximately ₹123,629 today — a multiplier of 1.24×, based on the 3-year CAGR of 7.33%. The category average over the same window would have grown ₹1 lakh to ₹123,581.

A ₹10,000 monthly SIP in HSBC Arbitrage Fund - Direct Growth over the last 3 years — total invested ₹360,000 — would be worth ₹399,237 today. That's an XIRR (money-weighted annualised return) of 6.83%.

HSBC Arbitrage Fund - Direct Growth doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹399,237 — XIRR 6.83%.

On a 3-year basis, HSBC Arbitrage Fund - Direct Growth ranks #16 out of 24 funds in the Arbitrage Fund category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 7.31%; this fund delivered 7.33%.

The worst peak-to-trough decline HSBC Arbitrage Fund - Direct Growth has experienced over the last 3-year window is 0.31% — its NAV fell from a high on 19 May 2026 to a low on 29 May 2026. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 3-year rolling windows, HSBC Arbitrage Fund - Direct Growth averaged 7.51% (best 7.65%, worst 7.33%). 100% of rolling windows ended positive.

In calendar year 2025, HSBC Arbitrage Fund - Direct Growth returned 6.87% — beating the Arbitrage Fund category average of 6.83% by 0.04 pp. It ranked #18 of 30 in its category that year.

HSBC Arbitrage Fund - Direct Growth 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. HSBC Arbitrage Fund - Direct Growth 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.

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