Arbitrage Funds | Best Arbitrage Funds | Arbitrage Mutual Funds

Table of Contents

What are Arbitrage Funds?

Updated on July 23, 2025 , 2376 views

Arbitrage is a strategy that takes advantage of the price differences of different markets to earn profits. Arbitrage Funds are named after the arbitrage strategy that they use. They are a type of Mutual Fund that leverages on the price differential to generate returns. The returns of these funds are dependent on the Volatility of the invested asset on the Market. They make use of the market inefficiencies to generate returns for their investors.

Exploiting uneven prices is the central idea of arbitrage funds. Arbitrage funds use low-risk buy and sell opportunities to optimise returns. For example, shares of XYZ Co. LTD are trading at INR 500 each on the cash market and at INR 1,000 on the futures market. By buying the shares from the cash market and selling the shares on the futures market generates a profit of INR 500 per share.

Ready to Invest?
Talk to our investment specialist

Why Should you Invest in Arbitrage Funds?

Here are some of the benefits of investing in arbitrage funds:

Negligible Risk

Arbitrage funds are not 100% risk-free but they do carry negligible risk. They Bank on the mispricing happening in the markets. This gives the investor a safer option compared to other short-term funds since these funds offer better returns during market volatility.

Returns

These funds generally give a return of about 7-9% of the amount invested. This is higher compared to Liquid Funds or short-term Debt fund. Thus, making arbitrage funds a lucrative investment option.

Favourable Taxation

One of the biggest benefits of Investing in these funds is the tax treatment. Equity Funds attract long term Capital gains. If the gains are made up to INR 1 lakh then it counts under tax-free. Tax at 10% applies to gains above INR 1 lakh.

Guidelines on How to Invest in Arbitrage Funds

Research about the Fund and its Strategies

Before investing in the fund, read up on its previous returns, the minimum required investment and its strategies. Most arbitrage funds in India follow the pure arbitrage strategy. But these funds are known to follow strategies like the merger/risk arbitrage (speculating on successful completion of mergers and acquisitions), etc. that are a bit complex for the layman to understand. Hence, it is important to get an idea to the fund’s strategy before investing to know what you are getting into.

Check Exit Load Policy

Premature withdrawal from arbitrage funds generally attracts a penalty or exit load of 0.25-0.5%. Check the exit load policy of your fund before investing to avoid unwanted penalties.

Risks of Investing in Arbitrage Mutual Funds

Lack of Diversification

In order to maintain their equity status, arbitrage funds need to maintain at least 65% capital in equity. This affects the diversification of the fund as they cannot invest more in debt funds, thus affecting the overall Portfolio of the investor.

Exit Loads

As said earlier, these funds carry exit loads on premature withdrawal. It could Range anywhere from 0.25-0.50%. Also, the Redemption of the money would take some 1-3 working days. This affects the liquidity of the fund.

Not Suitable for Long Term

Arbitrage funds are not an attractive option for long-term wealth creation. As arbitrage opportunities are limited, there is only a short window to make profits. Due to their strategy, they do not have a high-growth potential. Thus, making them ill-fitted for long-term.

Top 10 Best Performing Arbitrage Funds

Some of the best performing funds in India are:

Fund	NAV	Net Assets (Cr)	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	5 YR (%)	2024 (%)
Kotak Equity Arbitrage Fund Growth	₹37.6413 ↑ 0.03	₹69,924	1.4	3.4	7	7.2	5.8	7.8
Invesco India Arbitrage Fund Growth	₹32.0531 ↑ 0.03	₹23,900	1.4	3.3	6.9	7.2	5.8	7.6
SBI Arbitrage Opportunities Fund Growth	₹33.9693 ↑ 0.03	₹37,606	1.5	3.4	7	7.2	5.7	7.5
UTI Arbitrage Fund Growth	₹35.203 ↑ 0.03	₹7,863	1.4	3.4	7	7	5.6	7.7
Edelweiss Arbitrage Fund Growth	₹19.4695 ↑ 0.02	₹15,045	1.4	3.3	6.9	7	5.7	7.7
ICICI Prudential Equity Arbitrage Fund Growth	₹34.4667 ↑ 0.03	₹30,811	1.4	3.4	7	7	5.6	7.6
HDFC Arbitrage Fund Growth	₹30.772 ↑ 0.03	₹21,068	1.4	3.3	6.9	7	5.6	7.7
IDFC Arbitrage Fund Growth	₹32.589 ↑ 0.03	₹8,986	1.3	3.3	6.8	6.9	5.5	7.5
Aditya Birla Sun Life Arbitrage Fund Growth	₹26.6866 ↑ 0.02	₹20,646	1.4	3.4	6.9	6.9	5.6	7.5
Nippon India Arbitrage Fund Growth	₹26.6562 ↑ 0.03	₹14,948	1.3	3.2	6.7	6.8	5.5	7.5
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 25 Jul 25

*Above is list of best Arbitrage funds are having AUM/Net Assets above 500 Crore. Sorted on Last 3 Year Return.

1. Kotak Equity Arbitrage Fund

The investment objective of the scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivatives segment of the equity market, and by investing the balance in debt and money market instruments. However, there is no assurance that the objective of the scheme will be realized

Kotak Equity Arbitrage Fund is a Hybrid - Arbitrage fund was launched on 29 Sep 05. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 6.9% since its launch. Ranked 2 in Arbitrage category. Return for 2024 was 7.8% , 2023 was 7.4% and 2022 was 4.5% .

Below is the key information for Kotak Equity Arbitrage Fund

Kotak Equity Arbitrage Fund Growth
Launch Date	29 Sep 05
NAV (25 Jul 25)	₹37.6413 ↑ 0.03 (0.09 %)
Net Assets (Cr)	₹69,924 on 30 Jun 25
Category	Hybrid - Arbitrage
AMC	Kotak Mahindra Asset Management Co Ltd
Rating	☆☆☆☆
Risk	Moderately Low
Expense Ratio	0.96
Sharpe Ratio	1.24
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	500
Exit Load	0-30 Days (0.25%),30 Days and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
30 Jun 20	₹10,000
30 Jun 21	₹10,365
30 Jun 22	₹10,768
30 Jun 23	₹11,419
30 Jun 24	₹12,330
30 Jun 25	₹13,208

Kotak Equity Arbitrage Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹349,120.
Net Profit of ₹49,120 Invest Now

Returns for Kotak Equity Arbitrage Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 25 Jul 25

Duration	Returns
1 Month	0.6%
3 Month	1.4%
6 Month	3.4%
1 Year	7%
3 Year	7.2%
5 Year	5.8%
10 Year
15 Year
Since launch	6.9%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	7.8%
2023	7.4%
2022	4.5%
2021	4%
2020	4.3%
2019	6.1%
2018	6.3%
2017	5.8%
2016	6.7%
2015	7.5%

Fund Manager information for Kotak Equity Arbitrage Fund

Name	Since	Tenure
Hiten Shah	3 Oct 19	5.67 Yr.

Data below for Kotak Equity Arbitrage Fund as on 30 Jun 25

Asset Allocation

Asset Class	Value
Cash	94.31%
Debt	6.05%
Other	0.04%

Equity Sector Allocation

Sector	Value
Financial Services	22.98%
Industrials	8.24%
Consumer Cyclical	7.66%
Basic Materials	7.58%
Energy	5.6%
Technology	5.33%
Health Care	5.08%
Consumer Defensive	4.44%
Utility	4.33%
Communication Services	3.87%
Real Estate	0.99%

Debt Sector Allocation

Sector	Value
Cash Equivalent	83.06%
Corporate	12.38%
Government	4.92%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Kotak Money Market Dir Gr Investment Fund \| -	10%	₹7,059 Cr	15,635,912 ↑ 508,419
Kotak Savings Fund Dir Gr Investment Fund \| -	5%	₹3,635 Cr	813,317,340 ↑ 37,570,809
HDFC Bank Ltd (Financial Services) Equity, Since 30 Apr 22 \| HDFCBANK	4%	₹2,882 Cr	14,815,900 ↑ 6,559,300
HDFC Bank Ltd.-JUN2025 Derivatives \| -	4%	-₹2,844 Cr	14,555,750 ↑ 14,555,750
ICICI Bank Ltd.-JUN2025 Derivatives \| -	3%	-₹2,241 Cr	15,400,700 ↑ 15,400,700
ICICI Bank Ltd (Financial Services) Equity, Since 31 Dec 19 \| ICICIBANK	3%	₹2,227 Cr	15,400,700 ↑ 2,429,000
RELIANCE INDUSTRIES LTD.-JUN2025 Derivatives \| -	3%	-₹1,741 Cr	12,178,500 ↑ 12,178,500
Reliance Industries Ltd (Energy) Equity, Since 31 May 18 \| RELIANCE	3%	₹1,730 Cr	12,178,500 ↑ 4,221,000
Bharti Airtel Ltd-JUN2025 Derivatives \| -	2%	-₹1,590 Cr	8,510,575 ↑ 8,510,575
Bharti Airtel Ltd (Communication Services) Equity, Since 31 Oct 23 \| BHARTIARTL	2%	₹1,580 Cr	8,510,575 ↑ 3,308,375

2. Invesco India Arbitrage Fund

The primary investment objective of the scheme is to generate income through arbitrage opportunities emerging out of mis-pricing between the cash market and the derivatives market and through deployment of surplus cash in fixed income instruments.

Invesco India Arbitrage Fund is a Hybrid - Arbitrage fund was launched on 30 Apr 07. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 6.6% since its launch. Ranked 9 in Arbitrage category. Return for 2024 was 7.6% , 2023 was 7.4% and 2022 was 5.1% .

Below is the key information for Invesco India Arbitrage Fund

Invesco India Arbitrage Fund Growth
Launch Date	30 Apr 07
NAV (25 Jul 25)	₹32.0531 ↑ 0.03 (0.10 %)
Net Assets (Cr)	₹23,900 on 30 Jun 25
Category	Hybrid - Arbitrage
AMC	Invesco Asset Management (India) Private Ltd
Rating	☆☆☆
Risk	Moderately Low
Expense Ratio	1.05
Sharpe Ratio	0.96
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	500
Exit Load	0-15 Days (0.5%),15 Days and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
30 Jun 20	₹10,000
30 Jun 21	₹10,328
30 Jun 22	₹10,739
30 Jun 23	₹11,418
30 Jun 24	₹12,305
30 Jun 25	₹13,166

Invesco India Arbitrage Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹349,120.
Net Profit of ₹49,120 Invest Now

Returns for Invesco India Arbitrage Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 25 Jul 25

Duration	Returns
1 Month	0.6%
3 Month	1.4%
6 Month	3.3%
1 Year	6.9%
3 Year	7.2%
5 Year	5.8%
10 Year
15 Year
Since launch	6.6%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	7.6%
2023	7.4%
2022	5.1%
2021	3.5%
2020	4.3%
2019	5.9%
2018	5.9%
2017	5.5%
2016	6.5%
2015	7.6%

Fund Manager information for Invesco India Arbitrage Fund

Name	Since	Tenure
Deepak Gupta	11 Nov 21	3.64 Yr.
Kuber Mannadi	1 Sep 22	2.83 Yr.

Data below for Invesco India Arbitrage Fund as on 30 Jun 25

Asset Allocation

Asset Class	Value
Cash	96.69%
Debt	3.76%
Other	0.05%

Equity Sector Allocation

Sector	Value
Financial Services	23.79%
Consumer Defensive	8.76%
Industrials	6.79%
Consumer Cyclical	5.76%
Basic Materials	5.61%
Technology	5.39%
Utility	4.18%
Health Care	4.18%
Energy	3.59%
Communication Services	2.55%
Real Estate	1.2%

Debt Sector Allocation

Sector	Value
Cash Equivalent	92.59%
Corporate	5.7%
Government	2.17%

Credit Quality

Rating	Value
AA	11.57%
AAA	88.43%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Invesco India Liquid Dir Gr Investment Fund \| -	11%	₹2,415 Cr	6,706,670 ↓ -1,350,000
Invesco India Money Market Dir Gr Investment Fund \| -	6%	₹1,362 Cr	4,339,444 ↑ 641,079
Future on HDFC Bank Ltd Cedear Derivatives \| -	4%	-₹981 Cr	5,020,400 ↑ 1,452,550
HDFC Bank Ltd (Financial Services) Equity, Since 31 Jan 23 \| HDFCBANK	4%	₹976 Cr	5,020,400 ↑ 1,452,550
Future on State Bank of India Derivatives \| -	3%	-₹768 Cr	9,390,000 ↑ 7,111,500
State Bank of India (Financial Services) Equity, Since 31 Jan 23 \| SBIN	3%	₹763 Cr	9,390,000 ↑ 7,111,500
ITC Ltd (Consumer Defensive) Equity, Since 31 May 23 \| ITC	3%	₹656 Cr	15,689,600 ↑ 10,273,600
Itc Limited June 2025 Future Derivatives \| -	3%	-₹655 Cr	15,593,600 ↑ 12,046,400
Future on ICICI Bank Ltd Derivatives \| -	2%	-₹444 Cr	3,049,200 ↑ 229,600
ICICI Bank Ltd (Financial Services) Equity, Since 31 Oct 24 \| ICICIBANK	2%	₹441 Cr	3,052,700 ↑ 233,100

3. SBI Arbitrage Opportunities Fund

To provide capital appreciation and regular income for unitholders by identifying profitable arbitrage opportunities between the spot and derivative market segments as also through investment of surplus cash in debt and money market instruments.

SBI Arbitrage Opportunities Fund is a Hybrid - Arbitrage fund was launched on 3 Nov 06. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 6.7% since its launch. Ranked 15 in Arbitrage category. Return for 2024 was 7.5% , 2023 was 7.4% and 2022 was 4.6% .

Below is the key information for SBI Arbitrage Opportunities Fund

SBI Arbitrage Opportunities Fund Growth
Launch Date	3 Nov 06
NAV (25 Jul 25)	₹33.9693 ↑ 0.03 (0.09 %)
Net Assets (Cr)	₹37,606 on 30 Jun 25
Category	Hybrid - Arbitrage
AMC	SBI Funds Management Private Limited
Rating	☆☆
Risk	Moderately Low
Expense Ratio	0.94
Sharpe Ratio	1.14
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	500
Exit Load	0-1 Months (0.5%),1 Months and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
30 Jun 20	₹10,000
30 Jun 21	₹10,312
30 Jun 22	₹10,732
30 Jun 23	₹11,408
30 Jun 24	₹12,282
30 Jun 25	₹13,151

SBI Arbitrage Opportunities Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹349,120.
Net Profit of ₹49,120 Invest Now

Returns for SBI Arbitrage Opportunities Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 25 Jul 25

Duration	Returns
1 Month	0.6%
3 Month	1.5%
6 Month	3.4%
1 Year	7%
3 Year	7.2%
5 Year	5.7%
10 Year
15 Year
Since launch	6.7%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	7.5%
2023	7.4%
2022	4.6%
2021	4%
2020	3.5%
2019	6%
2018	6.2%
2017	5.3%
2016	6.4%
2015	7.3%

Fund Manager information for SBI Arbitrage Opportunities Fund

Name	Since	Tenure
Neeraj Kumar	5 Oct 12	12.66 Yr.
Ardhendu Bhattacharya	27 Dec 24	0.43 Yr.

Data below for SBI Arbitrage Opportunities Fund as on 30 Jun 25

Asset Allocation

Asset Class	Value
Cash	85.09%
Equity	2.38%
Debt	12.5%
Other	0.04%

Equity Sector Allocation

Sector	Value
Financial Services	24.38%
Industrials	6.44%
Consumer Cyclical	5.61%
Basic Materials	5.44%
Technology	5.18%
Consumer Defensive	5.17%
Energy	3.81%
Utility	3.46%
Health Care	3.2%
Communication Services	1.95%
Real Estate	1.12%

Debt Sector Allocation

Sector	Value
Cash Equivalent	76.49%
Corporate	16.83%
Government	4.27%

Credit Quality

Rating	Value
AA	8.38%
AAA	91.62%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
SBI Savings Dir Gr Investment Fund \| -	10%	₹3,219 Cr	726,722,883
HDFC Bank Ltd (Financial Services) Equity, Since 30 Apr 22 \| HDFCBANK	6%	₹1,968 Cr	10,120,550 ↑ 2,852,300
Hdfc Bank Ltd. 26-Jun-25 Derivatives \| -	6%	-₹1,952 Cr	9,990,200 ↑ 9,990,200
SBI Magnum Low Duration Dir Gr Investment Fund \| -	3%	₹1,051 Cr	2,904,125
Axis Bank Ltd. Debentures \| -	3%	-₹952 Cr	7,932,500 ↑ 7,925,625
Axis Bank Ltd (Financial Services) Equity, Since 31 Jul 18 \| AXISBANK	3%	₹946 Cr	7,932,500 ↓ -522,500
State Bank Of India 26-Jun-25 Derivatives \| -	3%	-₹878 Cr	10,731,000 ↑ 10,731,000
State Bank of India (Financial Services) Equity, Since 31 May 23 \| SBIN	3%	₹875 Cr	10,772,250 ↑ 895,500
ICICI Bank Ltd (Financial Services) Equity, Since 30 Jun 21 \| ICICIBANK	2%	₹715 Cr	4,948,300 ↓ -3,105,900
Icici Bank Ltd. 26-Jun-25 Derivatives \| -	2%	-₹711 Cr	4,885,300 ↑ 4,885,300

4. UTI Arbitrage Fund

(Erstwhile UTI SPREAD Fund)

The investment objective of the scheme is to provide capital appreciation and dividend distribution through arbitrage opportunities arising out of price differences between the cash and derivative market by investing predominantly in equity and equity-related securities, derivatives and the balance portion in debt securities. However, there can be no assurance that the investment objective of the scheme will be realised.

UTI Arbitrage Fund is a Hybrid - Arbitrage fund was launched on 22 Jun 06. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 6.8% since its launch. Ranked 8 in Arbitrage category. Return for 2024 was 7.7% , 2023 was 7.2% and 2022 was 4% .

Below is the key information for UTI Arbitrage Fund

UTI Arbitrage Fund Growth
Launch Date	22 Jun 06
NAV (25 Jul 25)	₹35.203 ↑ 0.03 (0.09 %)
Net Assets (Cr)	₹7,863 on 30 Jun 25
Category	Hybrid - Arbitrage
AMC	UTI Asset Management Company Ltd
Rating	☆☆☆
Risk	Moderately Low
Expense Ratio	0.85
Sharpe Ratio	1.41
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	500
Exit Load	0-30 Days (0.5%),30 Days and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
30 Jun 20	₹10,000
30 Jun 21	₹10,364
30 Jun 22	₹10,732
30 Jun 23	₹11,340
30 Jun 24	₹12,223
30 Jun 25	₹13,098

UTI Arbitrage Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹349,120.
Net Profit of ₹49,120 Invest Now

Returns for UTI Arbitrage Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 25 Jul 25

Duration	Returns
1 Month	0.6%
3 Month	1.4%
6 Month	3.4%
1 Year	7%
3 Year	7%
5 Year	5.6%
10 Year
15 Year
Since launch	6.8%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	7.7%
2023	7.2%
2022	4%
2021	3.9%
2020	4.4%
2019	6.2%
2018	6.2%
2017	5.7%
2016	6.5%
2015	7.6%

Fund Manager information for UTI Arbitrage Fund

Name	Since	Tenure
Amit Sharma	2 Jul 18	7 Yr.
Sharwan Kumar Goyal	1 Jan 21	4.5 Yr.

Data below for UTI Arbitrage Fund as on 30 Jun 25

Asset Allocation

Asset Class	Value
Cash	96.38%
Equity	0.87%
Debt	2.72%
Other	0.04%

Equity Sector Allocation

Sector	Value
Financial Services	24.99%
Basic Materials	7.17%
Technology	6.68%
Consumer Cyclical	6.67%
Energy	6.13%
Industrials	5.23%
Health Care	4.26%
Consumer Defensive	4.07%
Communication Services	2.75%
Utility	1.61%
Real Estate	1%

Debt Sector Allocation

Sector	Value
Cash Equivalent	77.36%
Corporate	15.55%
Government	6.18%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
UTI Money Market Dir Gr Investment Fund \| -	15%	₹1,111 Cr	3,574,531 ↑ 323,701
Future on ICICI Bank Ltd Derivatives \| -	5%	-₹344 Cr	2,365,300 ↑ 226,800
ICICI Bank Ltd (Financial Services) Equity, Since 30 Sep 24 \| ICICIBANK	5%	₹342 Cr	2,365,300 ↑ 226,800
Future on Reliance Industries Ltd Derivatives \| -	5%	-₹335 Cr	2,340,000 ↑ 281,500
Reliance Industries Ltd (Energy) Equity, Since 31 Aug 23 \| RELIANCE	5%	₹332 Cr	2,340,000 ↑ 281,500
Future on HDFC Bank Ltd Derivatives \| -	5%	-₹331 Cr	1,694,550 ↑ 402,050
HDFC Bank Ltd (Financial Services) Equity, Since 30 Apr 22 \| HDFCBANK	5%	₹330 Cr	1,694,550 ↑ 402,050
Future on Infosys Ltd Derivatives \| -	3%	-₹190 Cr	1,208,800 ↑ 145,600
Infosys Ltd (Technology) Equity, Since 31 Aug 24 \| INFY	3%	₹189 Cr	1,208,800 ↑ 145,600
Future on State Bank of India Derivatives \| -	2%	-₹136 Cr	1,665,000 ↑ 1,605,000

5. Edelweiss Arbitrage Fund

The investment objective of the Scheme is to generate income by predominantly investing in arbitrage opportunities in the cash and the derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market instruments. However, there is no assurance that the investment objective of the scheme will be realized.

Edelweiss Arbitrage Fund is a Hybrid - Arbitrage fund was launched on 27 Jun 14. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 6.2% since its launch. Ranked 1 in Arbitrage category. Return for 2024 was 7.7% , 2023 was 7.1% and 2022 was 4.4% .

Below is the key information for Edelweiss Arbitrage Fund

Edelweiss Arbitrage Fund Growth
Launch Date	27 Jun 14
NAV (25 Jul 25)	₹19.4695 ↑ 0.02 (0.09 %)
Net Assets (Cr)	₹15,045 on 30 Jun 25
Category	Hybrid - Arbitrage
AMC	Edelweiss Asset Management Limited
Rating	☆☆☆☆☆
Risk	Moderately Low
Expense Ratio	1.08
Sharpe Ratio	0.9
Information Ratio	-0.98
Alpha Ratio	0.02
Min Investment	5,000
Min SIP Investment	500
Exit Load	0-30 Days (0.25%),30 Days and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
30 Jun 20	₹10,000
30 Jun 21	₹10,344
30 Jun 22	₹10,737
30 Jun 23	₹11,365
30 Jun 24	₹12,245
30 Jun 25	₹13,104

Edelweiss Arbitrage Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹349,120.
Net Profit of ₹49,120 Invest Now

Returns for Edelweiss Arbitrage Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 25 Jul 25

Duration	Returns
1 Month	0.6%
3 Month	1.4%
6 Month	3.3%
1 Year	6.9%
3 Year	7%
5 Year	5.7%
10 Year
15 Year
Since launch	6.2%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	7.7%
2023	7.1%
2022	4.4%
2021	3.8%
2020	4.5%
2019	6.2%
2018	6.1%
2017	5.8%
2016	6.7%
2015	8%

Fund Manager information for Edelweiss Arbitrage Fund

Name	Since	Tenure
Bhavesh Jain	27 Jun 14	10.94 Yr.
Rahul Dedhia	1 Aug 24	0.83 Yr.
Amit Vora	6 Nov 24	0.57 Yr.
Pranavi Kulkarni	1 Jul 24	0.92 Yr.

Data below for Edelweiss Arbitrage Fund as on 30 Jun 25

Asset Allocation

Asset Class	Value
Cash	95.75%
Debt	4.6%
Other	0.02%

Equity Sector Allocation

Sector	Value
Financial Services	23.38%
Basic Materials	8.2%
Energy	6.91%
Industrials	6.3%
Consumer Cyclical	6.14%
Technology	5.55%
Consumer Defensive	5.48%
Health Care	4.15%
Utility	3.78%
Communication Services	3.63%
Real Estate	0.8%

Debt Sector Allocation

Sector	Value
Cash Equivalent	87.68%
Government	6.92%
Corporate	5.75%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Edelweiss Liquid Dir Gr Investment Fund \| -	7%	₹1,005 Cr	2,964,422
Future on HDFC Bank Ltd Derivatives \| -	5%	-₹723 Cr	3,699,300 ↑ 1,329,900
HDFC Bank Ltd (Financial Services) Equity, Since 31 Mar 21 \| HDFCBANK	5%	₹719 Cr	3,699,300 ↑ 1,329,900
Future on Reliance Industries Ltd Derivatives \| -	3%	-₹519 Cr	3,628,500 ↑ 93,000
Reliance Industries Ltd (Energy) Equity, Since 30 Apr 18 \| RELIANCE	3%	₹516 Cr	3,628,500 ↑ 93,000
Future on ICICI Bank Ltd Derivatives \| -	3%	-₹393 Cr	2,700,600 ↑ 422,100
ICICI Bank Ltd (Financial Services) Equity, Since 30 Apr 20 \| ICICIBANK	3%	₹390 Cr	2,700,600 ↑ 422,100
Future on State Bank of India Derivatives \| -	2%	-₹323 Cr	3,943,500 ↑ 2,675,250
State Bank of India (Financial Services) Equity, Since 31 Jan 23 \| SBIN	2%	₹320 Cr	3,943,500 ↑ 2,675,250
Edelweiss Money Market Dir Gr Investment Fund \| -	2%	₹315 Cr	100,824,026

6. ICICI Prudential Equity Arbitrage Fund

The investment objective of Income Optimiser Plan under the scheme is to seek to generate low volatility returns by using arbitrage and other derivative strategies in equity markets and investments in short-term debt portfolio.

ICICI Prudential Equity Arbitrage Fund is a Hybrid - Arbitrage fund was launched on 30 Dec 06. It is a fund with Moderate risk and has given a CAGR/Annualized return of 6.9% since its launch. Ranked 4 in Arbitrage category. Return for 2024 was 7.6% , 2023 was 7.1% and 2022 was 4.2% .

Below is the key information for ICICI Prudential Equity Arbitrage Fund

ICICI Prudential Equity Arbitrage Fund Growth
Launch Date	30 Dec 06
NAV (25 Jul 25)	₹34.4667 ↑ 0.03 (0.09 %)
Net Assets (Cr)	₹30,811 on 30 Jun 25
Category	Hybrid - Arbitrage
AMC	ICICI Prudential Asset Management Company Limited
Rating	☆☆☆☆
Risk	Moderate
Expense Ratio	0.97
Sharpe Ratio	1.24
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	1,000
Exit Load	0-1 Months (0.25%),1 Months and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
30 Jun 20	₹10,000
30 Jun 21	₹10,353
30 Jun 22	₹10,722
30 Jun 23	₹11,350
30 Jun 24	₹12,217
30 Jun 25	₹13,087

ICICI Prudential Equity Arbitrage Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹349,120.
Net Profit of ₹49,120 Invest Now

Returns for ICICI Prudential Equity Arbitrage Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 25 Jul 25

Duration	Returns
1 Month	0.6%
3 Month	1.4%
6 Month	3.4%
1 Year	7%
3 Year	7%
5 Year	5.6%
10 Year
15 Year
Since launch	6.9%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	7.6%
2023	7.1%
2022	4.2%
2021	3.9%
2020	4.3%
2019	5.9%
2018	6.2%
2017	5.5%
2016	6.8%
2015	7.6%

Fund Manager information for ICICI Prudential Equity Arbitrage Fund

Name	Since	Tenure
Nikhil Kabra	29 Dec 20	4.42 Yr.
Sharmila D’mello	31 Jul 22	2.84 Yr.
Darshil Dedhia	13 Sep 24	0.72 Yr.
Ajaykumar Solanki	23 Aug 24	0.77 Yr.
Archana Nair	1 Feb 24	1.33 Yr.

Data below for ICICI Prudential Equity Arbitrage Fund as on 30 Jun 25

Asset Allocation

Asset Class	Value
Cash	92.18%
Debt	8.17%
Other	0.04%

Equity Sector Allocation

Sector	Value
Financial Services	18.22%
Consumer Cyclical	7.73%
Technology	7.06%
Industrials	6.8%
Energy	6.47%
Basic Materials	5.92%
Communication Services	5.23%
Consumer Defensive	4.36%
Health Care	3.79%
Utility	2.27%
Real Estate	1.45%

Debt Sector Allocation

Sector	Value
Cash Equivalent	76.62%
Corporate	17.87%
Government	5.86%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
ICICI Pru Money Market Dir Gr Investment Fund \| -	11%	₹3,063 Cr	80,068,582
ICICI Pru Savings Dir Gr Investment Fund \| -	6%	₹1,780 Cr	32,418,220
Future on HDFC Bank Ltd Derivatives \| -	6%	-₹1,618 Cr	8,282,450 ↑ 2,558,050
HDFC Bank Ltd (Financial Services) Equity, Since 30 Nov 21 \| HDFCBANK	6%	₹1,611 Cr	8,282,450 ↑ 2,558,050
Future on Reliance Industries Ltd Derivatives \| -	4%	-₹1,015 Cr	7,100,000 ↓ -1,622,500
Reliance Industries Ltd (Energy) Equity, Since 31 Aug 18 \| RELIANCE	4%	₹1,009 Cr	7,100,000 ↓ -1,622,500
Future on Bharti Airtel Ltd Derivatives \| -	3%	-₹980 Cr	5,246,375 ↑ 875,900
Bharti Airtel Ltd (Communication Services) Equity, Since 31 Dec 23 \| BHARTIARTL	3%	₹974 Cr	5,246,375 ↑ 875,900
Future on Infosys Ltd Derivatives \| -	3%	-₹767 Cr	4,883,200 ↓ -701,600
Infosys Ltd (Technology) Equity, Since 31 Oct 22 \| INFY	3%	₹763 Cr	4,883,200 ↓ -701,600

7. HDFC Arbitrage Fund

"To generate income through arbitrage opportunities between cash and derivative market and arbitrage opportunities within the derivative segment and by deployment of surplus cash in debt securities and money market instruments."

HDFC Arbitrage Fund is a Hybrid - Arbitrage fund was launched on 23 Oct 07. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 6.5% since its launch. Ranked 10 in Arbitrage category. Return for 2024 was 7.7% , 2023 was 7.2% and 2022 was 4.2% .

Below is the key information for HDFC Arbitrage Fund

HDFC Arbitrage Fund Growth
Launch Date	23 Oct 07
NAV (25 Jul 25)	₹30.772 ↑ 0.03 (0.10 %)
Net Assets (Cr)	₹21,068 on 30 Jun 25
Category	Hybrid - Arbitrage
AMC	HDFC Asset Management Company Limited
Rating	☆☆☆
Risk	Moderately Low
Expense Ratio	0.86
Sharpe Ratio	0.92
Information Ratio	0
Alpha Ratio	0
Min Investment	100,000
Min SIP Investment	300
Exit Load	0-1 Months (0.25%),1 Months and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
30 Jun 20	₹10,000
30 Jun 21	₹10,343
30 Jun 22	₹10,698
30 Jun 23	₹11,324
30 Jun 24	₹12,198
30 Jun 25	₹13,053

HDFC Arbitrage Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹349,120.
Net Profit of ₹49,120 Invest Now

Returns for HDFC Arbitrage Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 25 Jul 25

Duration	Returns
1 Month	0.6%
3 Month	1.4%
6 Month	3.3%
1 Year	6.9%
3 Year	7%
5 Year	5.6%
10 Year
15 Year
Since launch	6.5%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	7.7%
2023	7.2%
2022	4.2%
2021	3.6%
2020	3.7%
2019	6%
2018	5.7%
2017	5.3%
2016	6.6%
2015	7.6%

Fund Manager information for HDFC Arbitrage Fund

Name	Since	Tenure
Anil Bamboli	1 Feb 22	3.33 Yr.
Arun Agarwal	24 Aug 20	4.77 Yr.
Dhruv Muchhal	22 Jun 23	1.95 Yr.
Nandita Menezes	29 Mar 25	0.18 Yr.

Data below for HDFC Arbitrage Fund as on 30 Jun 25

Asset Allocation

Asset Class	Value
Cash	95.7%
Debt	4.64%
Other	0.04%

Equity Sector Allocation

Sector	Value
Financial Services	23.91%
Basic Materials	8.62%
Technology	7.64%
Consumer Cyclical	7.62%
Energy	5.84%
Industrials	5.34%
Health Care	4.93%
Utility	4.75%
Consumer Defensive	3.81%
Communication Services	3.64%
Real Estate	1.18%

Debt Sector Allocation

Sector	Value
Cash Equivalent	88.84%
Corporate	7.99%
Government	3.52%

Credit Quality

Rating	Value
AA	8%
AAA	92%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Money Market Dir Gr Investment Fund \| -	11%	₹2,341 Cr	4,031,366
Future on ICICI Bank Ltd Derivatives \| -	6%	-₹1,202 Cr
ICICI Bank Ltd (Financial Services) Equity, Since 30 Jun 24 \| ICICIBANK	6%	₹1,194 Cr	8,259,300 ↓ -642,600
Future on HDFC Bank Ltd Derivatives \| -	6%	-₹1,148 Cr
HDFC Bank Ltd (Financial Services) Equity, Since 31 Jan 23 \| HDFCBANK	6%	₹1,142 Cr	5,870,150 ↑ 1,046,650
HDFC Liquid Dir Gr Investment Fund \| -	5%	₹1,126 Cr	2,185,844 ↑ 97,116
Infosys Limited Derivatives \| -	4%	-₹825 Cr
Infosys Ltd (Technology) Equity, Since 31 Oct 23 \| INFY	4%	₹821 Cr	5,255,200 ↑ 701,600
Future on Reliance Industries Ltd Derivatives \| -	4%	-₹753 Cr
Reliance Industries Ltd (Energy) Equity, Since 31 Oct 21 \| RELIANCE	4%	₹748 Cr	5,261,500 ↑ 1,827,000

8. IDFC Arbitrage Fund

The investment objective of the Scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunity in the cash and the derivative segments of the equity markets and the arbitrage opportunity available within the derivative segments and by investing the balance in debt and money market instruments. However there is no assurance that the investment objective of the scheme will be realized.

IDFC Arbitrage Fund is a Hybrid - Arbitrage fund was launched on 21 Dec 06. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 6.6% since its launch. Ranked 17 in Arbitrage category. Return for 2024 was 7.5% , 2023 was 7.1% and 2022 was 4.1% .

Below is the key information for IDFC Arbitrage Fund

IDFC Arbitrage Fund Growth
Launch Date	21 Dec 06
NAV (25 Jul 25)	₹32.589 ↑ 0.03 (0.08 %)
Net Assets (Cr)	₹8,986 on 30 Jun 25
Category	Hybrid - Arbitrage
AMC	IDFC Asset Management Company Limited
Rating	☆
Risk	Moderately Low
Expense Ratio	1.06
Sharpe Ratio	0.74
Information Ratio	0
Alpha Ratio	0
Min Investment	100
Min SIP Investment	1,000
Exit Load	0-1 Months (0.25%),1 Months and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
30 Jun 20	₹10,000
30 Jun 21	₹10,330
30 Jun 22	₹10,679
30 Jun 23	₹11,307
30 Jun 24	₹12,164
30 Jun 25	₹13,008

IDFC Arbitrage Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹349,120.
Net Profit of ₹49,120 Invest Now

Returns for IDFC Arbitrage Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 25 Jul 25

Duration	Returns
1 Month	0.6%
3 Month	1.3%
6 Month	3.3%
1 Year	6.8%
3 Year	6.9%
5 Year	5.5%
10 Year
15 Year
Since launch	6.6%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	7.5%
2023	7.1%
2022	4.1%
2021	3.5%
2020	3.8%
2019	6.2%
2018	6.3%
2017	5.5%
2016	6.3%
2015	7.4%

Fund Manager information for IDFC Arbitrage Fund

Name	Since	Tenure
Harshal Joshi	20 Oct 16	8.62 Yr.
Brijesh Shah	10 Jun 24	0.98 Yr.
Ritika Behera	7 Oct 23	1.65 Yr.
Gaurav Satra	7 Jun 24	0.98 Yr.
Kapil Kankonkar	16 Jun 25	0 Yr.

Data below for IDFC Arbitrage Fund as on 30 Jun 25

Asset Allocation

Asset Class	Value
Cash	88.2%
Debt	12.06%
Other	0.04%

Equity Sector Allocation

Sector	Value
Financial Services	21.77%
Basic Materials	7.3%
Technology	7.22%
Industrials	6.89%
Energy	6.53%
Consumer Cyclical	5.81%
Consumer Defensive	4.48%
Health Care	3.36%
Utility	2.86%
Communication Services	1.57%
Real Estate	0.83%

Debt Sector Allocation

Sector	Value
Cash Equivalent	79.29%
Corporate	14.55%
Government	6.41%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Bandhan Money Manager Dir Gr Investment Fund \| -	11%	₹982 Cr	225,904,056 ↓ -5,784,707
Bandhan Low Duration Dir Gr Investment Fund \| -	6%	₹522 Cr	132,435,324 ↓ -31,874,446
Hdfc Bank Limited June 2025 Future Derivatives \| -	5%	-₹410 Cr	2,098,800 ↑ 1,884,300
HDFC Bank Ltd (Financial Services) Equity, Since 31 Mar 22 \| HDFCBANK	5%	₹408 Cr	2,098,800 ↑ 721,600
Future on Reliance Industries Ltd Derivatives \| -	4%	-₹370 Cr	2,585,500 ↑ 114,500
Reliance Industries Ltd (Energy) Equity, Since 31 Mar 18 \| RELIANCE	4%	₹367 Cr	2,585,500 ↑ 114,500
Bandhan Ultra Short Term Dir Gr Investment Fund \| -	3%	₹254 Cr	165,954,551 ↓ -114,604,289
Future on IDFC First Bank Ltd Derivatives \| -	3%	-₹229 Cr	33,532,500 ↑ 2,295,000
IDFC First Bank Ltd (Financial Services) Equity, Since 31 Oct 24 \| IDFCFIRSTB	3%	₹228 Cr	33,532,500 ↑ 2,295,000
Future on ICICI Bank Ltd Derivatives \| -	2%	-₹214 Cr	1,472,800 ↑ 21,000

9. Aditya Birla Sun Life Arbitrage Fund

(Erstwhile Aditya Birla Sun Life Enhanced Arbitrage Fund)

An Open ended Equity Scheme with an investment objective to generate income by investing predominantly in equity and equity related instruments. Scheme intends to take advantage from the price differentials / mis-pricing prevailing for stock / index in various market segments (Cash & Futures).

Aditya Birla Sun Life Arbitrage Fund is a Hybrid - Arbitrage fund was launched on 24 Jul 09. It is a fund with Moderate risk and has given a CAGR/Annualized return of 6.3% since its launch. Ranked 7 in Arbitrage category. Return for 2024 was 7.5% , 2023 was 7.1% and 2022 was 4.1% .

Below is the key information for Aditya Birla Sun Life Arbitrage Fund

Aditya Birla Sun Life Arbitrage Fund Growth
Launch Date	24 Jul 09
NAV (25 Jul 25)	₹26.6866 ↑ 0.02 (0.09 %)
Net Assets (Cr)	₹20,646 on 30 Jun 25
Category	Hybrid - Arbitrage
AMC	Birla Sun Life Asset Management Co Ltd
Rating	☆☆☆
Risk	Moderate
Expense Ratio	1.01
Sharpe Ratio	0.91
Information Ratio	0
Alpha Ratio	0
Min Investment	1,000
Min SIP Investment	1,000
Exit Load	0-30 Days (0.5%),30 Days and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
30 Jun 20	₹10,000
30 Jun 21	₹10,352
30 Jun 22	₹10,713
30 Jun 23	₹11,325
30 Jun 24	₹12,192
30 Jun 25	₹13,048

Aditya Birla Sun Life Arbitrage Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹349,120.
Net Profit of ₹49,120 Invest Now

Returns for Aditya Birla Sun Life Arbitrage Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 25 Jul 25

Duration	Returns
1 Month	0.6%
3 Month	1.4%
6 Month	3.4%
1 Year	6.9%
3 Year	6.9%
5 Year	5.6%
10 Year
15 Year
Since launch	6.3%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	7.5%
2023	7.1%
2022	4.1%
2021	3.8%
2020	4.1%
2019	6.2%
2018	6%
2017	5.6%
2016	6.5%
2015	7.6%

Fund Manager information for Aditya Birla Sun Life Arbitrage Fund

Name	Since	Tenure
Lovelish Solanki	15 Dec 14	10.55 Yr.
Mohit Sharma	3 Mar 25	0.33 Yr.

Data below for Aditya Birla Sun Life Arbitrage Fund as on 30 Jun 25

Asset Allocation

Asset Class	Value
Cash	89.43%
Debt	10.86%
Other	0.05%

Equity Sector Allocation

Sector	Value
Financial Services	21.18%
Basic Materials	8.38%
Energy	7.63%
Industrials	7.35%
Consumer Cyclical	6.37%
Technology	5.47%
Consumer Defensive	4.19%
Health Care	3.61%
Communication Services	2.93%
Utility	2.85%
Real Estate	1.28%

Debt Sector Allocation

Sector	Value
Cash Equivalent	82.97%
Corporate	13.49%
Government	3.83%

Credit Quality

Rating	Value
AA	9.09%
AAA	90.91%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Aditya BSL Money Mgr Dir Gr Investment Fund \| -	11%	₹1,971 Cr	52,813,387 ↑ 8,055,189
Aditya BSL FRF Dir Gr Investment Fund \| -	7%	₹1,324 Cr	37,135,768
Reliance Industries Ltd (Energy) Equity, Since 30 Jun 18 \| RELIANCE	4%	₹743 Cr	5,229,000 ↑ 778,500
Reliance_(26/06/2025) Derivatives \| -	3%	-₹617 Cr	4,313,500 ↑ 3,726,500
Icicibank_(26/06/2025) Derivatives \| -	3%	-₹538 Cr	3,698,100 ↑ 3,698,100
ICICI Bank Ltd (Financial Services) Equity, Since 31 May 24 \| ICICIBANK	3%	₹535 Cr	3,698,100 ↑ 974,400
HDFC Bank Ltd (Financial Services) Equity, Since 31 Dec 21 \| HDFCBANK	3%	₹483 Cr	2,484,900 ↑ 975,150
Hdfcbank_(26/06/2025) Derivatives \| -	3%	-₹476 Cr	2,435,400 ↑ 2,435,400
Infy_(26/06/2025) Derivatives \| -	2%	-₹358 Cr	2,284,800 ↑ 2,152,400
Infosys Ltd (Technology) Equity, Since 31 Oct 23 \| INFY	2%	₹357 Cr	2,284,800 ↑ 237,200

10. Nippon India Arbitrage Fund

(Erstwhile Reliance Arbitrage Advantage Fund)

The investment objective of the scheme is to generate income by taking advantage of the arbitrage opportunities that potentially exists between cash and derivative market and within the derivative segment along with investments in debt securities & money market instruments.

Nippon India Arbitrage Fund is a Hybrid - Arbitrage fund was launched on 14 Oct 10. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 6.9% since its launch. Ranked 3 in Arbitrage category. Return for 2024 was 7.5% , 2023 was 7% and 2022 was 4.2% .

Below is the key information for Nippon India Arbitrage Fund

Nippon India Arbitrage Fund Growth
Launch Date	14 Oct 10
NAV (25 Jul 25)	₹26.6562 ↑ 0.03 (0.10 %)
Net Assets (Cr)	₹14,948 on 30 Jun 25
Category	Hybrid - Arbitrage
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆☆
Risk	Moderately Low
Expense Ratio	1.07
Sharpe Ratio	0.28
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	100
Exit Load	0-1 Months (0.25%),1 Months and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
30 Jun 20	₹10,000
30 Jun 21	₹10,347
30 Jun 22	₹10,724
30 Jun 23	₹11,337
30 Jun 24	₹12,199
30 Jun 25	₹13,026

Nippon India Arbitrage Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹349,120.
Net Profit of ₹49,120 Invest Now

Returns for Nippon India Arbitrage Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 25 Jul 25

Duration	Returns
1 Month	0.6%
3 Month	1.3%
6 Month	3.2%
1 Year	6.7%
3 Year	6.8%
5 Year	5.5%
10 Year
15 Year
Since launch	6.9%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	7.5%
2023	7%
2022	4.2%
2021	3.8%
2020	4.3%
2019	6.2%
2018	6.8%
2017	5.5%
2016	6.6%
2015	8.1%

Fund Manager information for Nippon India Arbitrage Fund

Name	Since	Tenure
Vikash Agarwal	14 Sep 24	0.79 Yr.
Nemish Sheth	21 Mar 25	0.28 Yr.
Rohit Shah	8 Apr 24	1.23 Yr.

Data below for Nippon India Arbitrage Fund as on 30 Jun 25

Asset Allocation

Asset Class	Value
Cash	97.83%
Debt	2.53%
Other	0.04%

Equity Sector Allocation

Sector	Value
Financial Services	22.1%
Basic Materials	7.62%
Industrials	7.24%
Health Care	6.27%
Energy	6.03%
Technology	5.38%
Consumer Cyclical	5.23%
Communication Services	4.49%
Consumer Defensive	3.46%
Utility	2.75%
Real Estate	1.62%

Debt Sector Allocation

Sector	Value
Cash Equivalent	90.04%
Corporate	7.38%
Government	2.94%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Nippon India Money Market Dir Gr Investment Fund \| -	12%	₹1,731 Cr	4,132,789
Nippon India Liquid Dir Gr Investment Fund \| -	7%	₹1,000 Cr	1,557,940 ↓ -623,389
Hdfc Bank Limited_26/06/2025 Derivatives \| -	3%	-₹483 Cr	2,472,250 ↑ 2,472,250
HDFC Bank Ltd (Financial Services) Equity, Since 31 Jan 23 \| HDFCBANK	3%	₹481 Cr	2,475,000 ↑ 1,042,250
Bharti Airtel Limited_26/06/2025 Derivatives \| -	3%	-₹391 Cr	2,091,900 ↑ 2,091,900
Bharti Airtel Ltd (Communication Services) Equity, Since 31 Oct 23 \| BHARTIARTL	3%	₹388 Cr	2,091,900 ↑ 660,250
Reliance Industries Ltd (Energy) Equity, Since 31 Dec 17 \| RELIANCE	2%	₹362 Cr	2,545,000 ↑ 2,000
Reliance Industries Limited_26/06/2025 Derivatives \| -	2%	-₹359 Cr	2,513,000 ↑ 2,513,000
ICICI Bank Ltd (Financial Services) Equity, Since 31 Oct 24 \| ICICIBANK	2%	₹309 Cr	2,135,700 ↑ 544,600
Icici Bank Limited_26/06/2025 Derivatives \| -	2%	-₹307 Cr	2,106,300 ↑ 2,106,300

How to Invest in Arbitrage Funds Online?

Open Free Investment Account for Lifetime at Fincash.com.

Complete your Registration and KYC Process

Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!

Get Started

Conclusion

Short-term investors should consider arbitrage funds, especially for their favourable tax treatment. However, these funds can not be a substitute for equity funds or debt funds. So, the next time you are looking for short-term investment options, think about arbitrage funds.

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.