Should I invest in HSBC Arbitrage Fund - Direct Quarterly IDCW?

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

Latest NAV

₹10.9165

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

Add another fund to compare

No matches.

Compares up to 8 funds. Click any line in the legend above to hide/show it.

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%	-0.05%	-0.08	41 / 59	Q3
1W	-0.03%	0.00%	-0.03	31 / 59	Q3
2W	-0.12%	-0.09%	-0.03	45 / 58	Q4
1M	+0.22%	+0.22%	+0.00	39 / 58	Q3
3M	-1.11%	+0.55%	-1.66	51 / 55	Q4
6M	-1.63%	+1.82%	-3.45	50 / 55	Q4
YTD	+0.01%	+1.31%	-1.30	47 / 55	Q4
1Y	-3.03%	+4.16%	-7.19	52 / 53	Q4
2Y	-2.30%	+4.35%	-6.65	49 / 50	Q4
3Y	-1.38%	+4.81%	-6.19	48 / 49	Q4
4Y	—	—	—	—	—
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	-0.83%	+3.40%	-4.23	58 / 59	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	+0.01%	+1.35%	-1.34	42 / 50
2025	-2.32%	+3.93%	-6.25	48 / 49
2024	-0.82%	+6.12%	-6.94	47 / 47
2023	+0.32%	+5.67%	-5.34	45 / 46
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

-1.05%

31 windows

min -3.0% · max 1.1%

23% positive

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

3-Year rolling

-1.10%

7 windows

min -1.7% · max -0.4%

0% 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

3.40%

3-year · annualised

Sharpe ratio

-2.30

vs risk-free 6.5%

Sortino ratio

-2.61

Downside-only deviation

Max drawdown

-5.83%

Sep 2023 → Apr 2026

% positive months

66.7%

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 Monthly IDCW - Direct Plan	HDFC	₹11.2670	3 Jun 2026
NIPPON INDIA ARBITRAGE FUND - DIRECT Plan - IDCW Option	Nippon India	₹18.6701	3 Jun 2026
SBI Arbitrage Opportunities Fund - Direct Plan - Gr	SBI	₹37.9829	3 Jun 2026
ICICI Prudential Equity Arbitrage Fund - Direct Plan - IDCW	ICICI Prudential	₹17.7109	3 Jun 2026
Invesco India Arbitrage Fund - Direct Plan - Annual Bonus	Invesco	₹36.5173	3 Jun 2026
BANDHAN Arbitrage Fund-Direct Plan-Annual IDCW	Bandhan	₹12.4525	3 Jun 2026
quant Arbitrage Fund - IDCW Option - Direct Plan	Quant	₹10.8293	3 Jun 2026
Aditya Birla Sun Life Arbitrage Fund-DIRECT - IDCW	Aditya Birla Sun Life	₹11.4514	3 Jun 2026
Motilal Oswal Arbitrage Fund-Direct Plan-IDCW	Motilal Oswal	₹10.8856	3 Jun 2026
Franklin India Arbitrage Fund - Direct - IDCW	Franklin India	₹11.0725	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹10.9165
2 Jun 2026	₹10.9089
1 Jun 2026	₹10.9224
29 May 2026	₹10.8873
27 May 2026	₹10.9092
26 May 2026	₹10.9119
25 May 2026	₹10.9119
22 May 2026	₹10.9069
21 May 2026	₹10.9162
20 May 2026	₹10.9123

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 Quarterly IDCW is ₹10.9165. It's a Arbitrage Fund from HSBC, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

HSBC Arbitrage Fund - Direct Quarterly IDCW 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 Quarterly IDCW 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 Quarterly IDCW has delivered a absolute return of -3.03% — -7.19 pp behind the Arbitrage Fund category average of 4.16%. The fund ranks #52 of 53 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, HSBC Arbitrage Fund - Direct Quarterly IDCW has delivered a CAGR of -1.38% — -6.19 pp behind the Arbitrage Fund category average of 4.81%. The fund ranks #48 of 49 in its category — the bottom (Q4) quartile.

HSBC Arbitrage Fund - Direct Quarterly IDCW 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 Quarterly IDCW exactly 3 years ago would be worth approximately ₹95,916 today — a multiplier of 0.96×, based on the 3-year CAGR of -1.38%. The category average over the same window would have grown ₹1 lakh to ₹115,144.

A ₹10,000 monthly SIP in HSBC Arbitrage Fund - Direct Quarterly IDCW over the last 3 years — total invested ₹360,000 — would be worth ₹350,314 today. That's an XIRR (money-weighted annualised return) of -1.76%.

HSBC Arbitrage Fund - Direct Quarterly IDCW doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹350,314 — XIRR -1.76%.

On a 3-year basis, HSBC Arbitrage Fund - Direct Quarterly IDCW ranks #48 out of 49 funds in the Arbitrage Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 4.81%; this fund delivered -1.38%.

The worst peak-to-trough decline HSBC Arbitrage Fund - Direct Quarterly IDCW has experienced over the last 3-year window is 5.83% — its NAV fell from a high on 29 Sep 2023 to a low on 01 Apr 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 Quarterly IDCW averaged -1.10% (best -0.43%, worst -1.73%). 0% of rolling windows ended positive. The 3-year Sharpe ratio is -2.30 — negative risk-adjusted performance.

In calendar year 2025, HSBC Arbitrage Fund - Direct Quarterly IDCW returned -2.32% — lagging the Arbitrage Fund category average of 3.93% by 6.25 pp. It ranked #48 of 49 in its category that year.

HSBC Arbitrage Fund - Direct Quarterly IDCW 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 Quarterly IDCW 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.