Summary Info Fund Name : HSBC Mutual Fund Scheme Name : HSBC Arbitrage Fund - Direct (IDCW-M) AMC : HSBC Mutual Fund Type : Open Category : Arbitrage Funds Launch Date : 26-Jun-2014 Fund Manager : Praveen Ayathan Net Assets:(Rs cr) 3668.29

NAV Details

NAV Date : 13-Nov-2026 NAV [Rs]: 10.24 Buy/Resale Price [Rs] : 0.00 Sell/Repurchase Price [Rs] : 0.00 Entry Load % : Nil Exit Load % : Any redemption / switch-out of units on or before 15 days from the date of allotment: 0.25% If units are redeemed or switched out after 15 days from the date of allotment: NIL

NAV Chart

1 Week 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception

Latest Payouts

Dividends Bonus Ratio 0.6 % NA Date 25-Sep-2026 NA

Investment Details
Tax benefits :	NA
Min. Investment(Rs) :	5000
Increm.Investment(Rs) :	0

Performance(%)	Date : 13-Nov-2026
1 Week 1 Month 3 Month 6 Month 1 Year 3 Year 5 Year Since Inception Scheme Return 0.66 0.68 1.53 3.28 6.49 7.14 6.54 6.41 Category Avg 0.03 0.64 1.44 3.09 6.20 6.80 6.32 5.77 Category Best 0.66 0.79 1.75 3.72 7.58 7.55 7.16 7.40 Category Worst -0.19 0.22 0.75 1.70 3.65 5.57 5.06 0.16

Asset Allocation

Bar Chart Pie Chart 3D Bar Chart 3D Pie Chart

Sector Allocation

Bar Chart Pie Chart 3D Bar Chart 3D Pie Chart

Holdings

31-Oct-2026

Company Name Sector Market Value No. Of Shares Hold     Rs Cr.   % Reliance Industr Refineries 241.02 2069000 6.57 ICICI Bank Banks 201.20 1439200 5.48 HDFC Bank Banks 183.73 2652000 5.01 Canara Bank Banks 109.81 9342000 2.99 S A I L Steel 106.47 6612900 2.90 Adani Power Power Generation & Distribution 99.64 5271750 2.72 Infosys IT - Software 71.95 607200 1.96 Bandhan Bank Banks 70.50 4568400 1.92 Crompton Gr. Con Consumer Durables 65.69 3429250 1.79 Punjab Natl.Bank Banks 57.99 4720000 1.58 Varun Beverages FMCG 57.63 1470075 1.57 Axis Bank Banks 54.00 443750 1.47 Divi's Lab. Pharmaceuticals 50.66 51800 1.38 Adani Energy Sol Power Generation & Distribution 49.83 369225 1.36 Godrej Propert. Realty 48.56 309725 1.32 Yes Bank Banks 46.93 30975600 1.28 Bajaj Finance Finance 45.99 489750 1.25 IDFC First Bank Banks 44.68 6204975 1.22 Tata Steel Steel 43.74 2609750 1.19 JSW Steel Steel 40.03 321300 1.09 ITC FMCG 38.12 1435200 1.04 Jio Financial Finance 37.53 1835350 1.02 HDFC Life Insur. Insurance 37.01 705100 1.01 NMDC Mining & Mineral products 37.14 5514750 1.01 Federal Bank Banks 36.43 1072500 0.99 Indian Energy Ex Financial Services 35.11 3480000 0.96 SBI Banks 34.12 354750 0.93 Manappuram Fin. Finance 32.34 1119000 0.88 Adani Enterp. Trading 31.08 120510 0.85 AU Small Finance Banks 30.67 355000 0.84 APL Apollo Tubes Capital Goods-Non Electrical Equipment 26.45 122150 0.72 Ambuja Cements Cement 26.44 759600 0.72 IndusInd Bank Banks 23.23 277200 0.63 Life Insurance Insurance 21.52 561400 0.59 LIC Housing Fin. Finance 19.65 398000 0.54 Sun Pharma.Inds. Pharmaceuticals 19.66 110600 0.54 Aurobindo Pharma Pharmaceuticals 19.42 115500 0.53 Inox Wind Capital Goods - Electrical Equipment 19.04 3449600 0.52 Glenmark Pharma. Pharmaceuticals 18.79 81750 0.51 Container Corpn. Logistics 17.90 432500 0.49 NBCC Miscellaneous 16.44 2359500 0.45 Power Fin.Corpn. Finance 16.63 530400 0.45 Hind. Unilever FMCG 15.89 85200 0.43 Vodafone Idea Telecom-Service 14.80 12508125 0.40 KPIT Technologi. IT - Software 13.31 251100 0.36 Cummins India Capital Goods-Non Electrical Equipment 12.65 28400 0.34 Indus Towers Telecom Equipment & Infra Services 12.22 323000 0.33 Kalyan Jewellers Diamond, Gems and Jewellery 12.10 243000 0.33 Biocon Pharmaceuticals 12.05 342500 0.33 B H E L Capital Goods - Electrical Equipment 10.48 270375 0.29 Hindalco Inds. Non Ferrous Metals 10.40 117600 0.28 Wipro IT - Software 9.94 501000 0.27 Tata Consumer FMCG 9.59 93500 0.26 Tata Motors PVeh Automobile 9.60 361600 0.26 Laurus Labs Pharmaceuticals 9.61 39950 0.26 Jindal Steel Steel 8.89 83750 0.24 Muthoot Finance Finance 8.41 34925 0.23 Bharat Electron Aerospace & Defence 8.38 226575 0.23 Bank of Baroda Banks 8.03 336375 0.22 Coal India Mining & Mineral products 7.93 203850 0.22 HDFC AMC Finance 7.14 30900 0.19 ICICI Lombard Insurance 6.99 44200 0.19 Grasim Inds Textiles 6.86 23000 0.19 Bank of India Banks 5.73 431600 0.16 Hitachi Energy Capital Goods - Electrical Equipment 5.79 2125 0.16 Mphasis IT - Software 5.63 22275 0.15 GAIL (India) Gas Distribution 5.01 298200 0.14 Tube Investments Capital Goods-Non Electrical Equipment 3.65 17200 0.10 I O C L Refineries 3.55 273000 0.10 CG Power & Ind Capital Goods - Electrical Equipment 3.08 38250 0.08 Tech Mahindra IT - Software 3.01 16800 0.08 BSE Financial Services 2.60 7400 0.07 Bajaj Auto Automobile 2.41 2325 0.07 Swiggy E-Commerce/App based Aggregator 2.58 146000 0.07 Trent Retail 2.65 8775 0.07 Tata Power Co. Power Generation & Distribution 2.10 60900 0.06 Union Bank (I) Banks 2.22 119475 0.06 TCS IT - Software 2.14 8550 0.06 Aditya Birla Cap Finance 2.18 58900 0.06 Delhivery Logistics 1.76 45650 0.05 Ujjivan Small Banks 1.83 344000 0.05 Interglobe Aviat Air Transport Service 1.90 3900 0.05 Torrent Pharma. Pharmaceuticals 1.67 3625 0.05 Vedanta Non Ferrous Metals 1.53 64400 0.04 Fortis Health. Healthcare 1.31 17050 0.04 Marico FMCG 1.34 16800 0.04 Sagility IT - Software 1.62 384000 0.04 Cams Services Financial Services 1.13 17325 0.03 Angel One Stock/ Commodity Brokers 1.20 42500 0.03 Samvardh. Mothe. Auto Ancillaries 1.06 67650 0.03 O N G C Crude Oil & Natural Gas 1.17 51750 0.03 Maruti Suzuki Automobile 0.63 550 0.02 H P C L Refineries 0.69 20250 0.02 SRF Chemicals 0.84 3600 0.02 Max Financial Finance 0.58 4800 0.02 Larsen & Toubro Infrastructure Developers & Operators 0.88 2275 0.02 Bharat Forge Castings, Forgings & Fasteners 0.86 5000 0.02 Colgate-Palmoliv FMCG 0.66 4125 0.02 Amber Enterp. Consumer Durables 0.88 1500 0.02 Bajaj Finserv Finance 0.55 3300 0.02 JSW Energy Power Generation & Distribution 0.81 16125 0.02 Max Healthcare Healthcare 0.41 4725 0.01 Alkem Lab Pharmaceuticals 0.51 1000 0.01 SBI Cards Finance 0.38 7200 0.01 PG Electroplast Consumer Durables 0.35 6650 0.01 Pidilite Inds. Chemicals 0.51 3500 0.01 Havells India Consumer Durables 0.51 5000 0.01 Shriram Finance Finance 0.27 3300 0.01 Voltas Consumer Durables 0.35 3375 0.01 Suzlon Energy Capital Goods - Electrical Equipment 0.17 50800 0.00 HCL Technologies IT - Software 0.17 1200 0.00 UPL Agro Chemicals 0.14 2710 0.00 Astral Plastic products 0.11 850 0.00 M & M Automobile 0.11 400 0.00 Anand Rathi Wea. Finance 0.11 500 0.00 B P C L Refineries 0.11 3950 0.00 Zydus Lifesci. Pharmaceuticals 0.11 900 0.00 A B B Capital Goods - Electrical Equipment 0.08 125 0.00 TVS Motor Co. Automobile 0.07 175 0.00 DLF Realty 0.07 950 0.00 C D S L Financial Services 0.06 475 0.00 Cipla Pharmaceuticals 0.06 425 0.00 Nestle India FMCG 0.06 500 0.00 NHPC Ltd Power Generation & Distribution 0.05 6950 0.00 Bank of Maha Banks 0.05 6500 0.00 Dabur India FMCG 0.05 1250 0.00 TREPS Debt Others 39.83 0 1.09 Net CA & Others Debt Others 44.56 0 1.27 HSBC Money Market Fund - Direct (G) Mutual Fund Units 572.95 190334415 15.62 HSBC Ultra Short Term Fund - Dir (G) Mutual Fund Units 64.02 429422 1.75 Bank of Baroda Debt Others 97.69 10000000 2.67 S I D B I Debt Others 95.09 10000000 2.59 N A B A R D Debt Others 72.85 7500000 1.99 Union Bank (I) Debt Others 48.76 5000000 1.33 Punjab Natl.Bank Debt Others 24.49 2500000 0.67 Indian Bank Debt Others 23.95 2500000 0.65

Statistical Ratios

What is Beta ? Beta is a measure of the volatility of the portfolio to that of the index. In simple words it shows the movement of the portfolio in comparison. The Higher the Beta, higher the volatility of the scheme to the index. If its greater than1 , then the portfolio is highly volatile to the movemnts in the index. If the beta is lesser than 1 , then scheme is less volatile to the index and beta which is close to 1 implies that the scheme is closely following the index. Beta [%]* SD [%]* Sharpe Ratio [%]* Jensons Alpha [%]* ER [%]* 0.7279 0.1821 1.4018 -0.0785 -0.2559