Report as of 29 Mar 2020

BNP Paribas Arbitrage Direct Growth

Morningstar® Category Morningstar® Benchmark Fund Benchmark Morningstar Rating™
India Arbitrage Fund Not Categorized NIFTY 50 Arbitrage TR INR Not Rated
Used throughout report

Investment Objective Performance

The primary investment objective of the scheme is to
13,000
generate income and capital appreciation by investing
12,250
in a combination of diversified portfolio of equity and
equity related instruments, including use of equity 11,500

derivatives strategies and arbitrage opportunities with 10,750

exposure in debt and fixed income instruments. 10,000
However, there can be no assurance that the
investment objectives of the Scheme will be realized. 2015   2016   2017   2018   2019   2020-02 
The Scheme does not guarantee/indicate any returns - - 7.03 6.69 6.77 1.54 Fund
- - 5.78 5.47 5.57 1.32 Category

Risk Measures Trailing Returns % Fund Cat Quarterly Returns % Q1 Q2 Q3 Q4

3Y Alpha - 3Y Sharpe Ratio 5.34 3 Months 2.08 1.12 2020 - - - -
3Y Beta - 3Y Std Dev 0.60 6 Months 3.62 2.25 2019 1.55 1.95 1.61 1.50
3Y R-Squared - 3Y Risk - 1 Year 7.40 5.52 2018 1.37 1.85 1.93 1.38
3Y Info Ratio - 5Y Risk - 3 Years Annualised 6.91 5.60 2017 1.95 1.82 1.40 1.68
3Y Tracking Error - 10Y Risk - 5 Years Annualised - - 2016 - - - -

Portfolio 29/02/2020

Asset Allocation % Net America Europe Asia

Stocks 0.24
Bonds 0.00
Cash 99.76
Other 0.00

<25 25-50 50-75 >75

Top Holdings World Regions % Fund

Holding Name Sector %
Americas 0.00
Maruti Suzuki India Ltd t 3.74 United States 0.00
GMR Infrastructure Ltd p 3.39 Canada 0.00
Reliance Industries Ltd o 3.39 Latin America 0.00
HDFC Bank Ltd y 3.08
Greater Europe 0.00
DLF Ltd u 2.88
United Kingdom 0.00
State Bank of India y 2.80 Eurozone 0.00
Grasim Industries Ltd r 2.79 Europe - ex Euro 0.00
Vedanta Ltd r 2.52 Europe - Emerging 0.00
Jindal Steel & Power Ltd r 2.36 Africa 0.00
Hindustan Unilever Ltd s 2.15 Middle East 0.00
Assets in Top 10 Holdings % 29.11 Greater Asia 100.00
Total Number of Equity Holdings 147 Japan 0.00
Total Number of Bond Holdings 0 Australasia 0.00
Asia - Developed 0.00
Asia - Emerging 100.00

Operations

Fund Company BNP Paribas Asset Mgmt Share Class Size (mil) - Minimum Initial Purchase 5,000 INR
India Pvt. Ltd Domicile India Minimum Additional Purchase 1,000 INR
Phone +91 22 3370 4000 Currency INR Exit Load 0.25% - 0-1 months
Website www.bnpparibasmf.in UCITS - 0.00% - >1 months
Inception Date 28/12/2016 Inc/Acc Acc Expense Ratio 0.36%
Manager Name Karthikraj Lakshmanan ISIN INF251K01OT0
Manager Start Date 28/12/2016
NAV (27/03/2020) INR 12.47
Total Net Assets (mil) 6,817.90 INR
(29/02/2020)

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