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Top 10 Best Performing Arbitrage Funds for the year FY 24 - 25

Updated on August 8, 2025 , 851 views

Arbitrage strategy enjoys the benefits of price differences in different markets and makes money. These schemes earn returns by leveraging on price differentials due to Market inefficiencies in different markets. The return generating capacity of these funds are dependent on the Volatility of the invested asset in the market. Some of the advantages of arbitrage funds include less risk, returns, and favourable taxation. Being a part of an Equity Fund, if the investment is held for more than one year, it attracts long-term Capital Gain which in-turn has no tax. In the year 2024, the performance of arbitrage funds was to the mark. Many of the schemes have generated positive returns in 2024. So, let us have a glance at the top and best-performing arbitrage funds for 2024 on the Basis of performance that is, returns.

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Best Performing Arbitrage Funds in FY 24 - 25 Based on Performance

FundNAVNet Assets (Cr)2024 (%)2023 (%)2022 (%)2021 (%)2020 (%)
Kotak Equity Arbitrage Fund Growth ₹37.728
↑ 0.01
₹69,9247.87.44.544.3
UTI Arbitrage Fund Growth ₹35.283
↑ 0.01
₹7,8637.77.243.94.4
Edelweiss Arbitrage Fund Growth ₹19.5087
↑ 0.00
₹15,0457.77.14.43.84.5
HDFC Arbitrage Fund Growth ₹30.842
↑ 0.02
₹21,0687.77.24.23.63.7
Invesco India Arbitrage Fund Growth ₹32.1227
↓ 0.00
₹23,9007.67.45.13.54.3
ICICI Prudential Equity Arbitrage Fund Growth ₹34.5403
↑ 0.01
₹30,8117.67.14.23.94.3
Axis Arbitrage Fund  Growth ₹18.8159
↑ 0.01
₹6,9507.66.94.23.84.1
SBI Arbitrage Opportunities Fund Growth ₹34.0491
↑ 0.01
₹37,6067.57.44.643.5
Bandhan Arbitrage Fund Growth ₹32.6578
↑ 0.01
₹8,9867.57.14.13.53.8
Aditya Birla Sun Life Arbitrage Fund Growth ₹26.7423
↑ 0.01
₹20,6467.57.14.13.84.1
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 11 Aug 25

Research Highlights & Commentary of 10 Funds showcased

CommentaryKotak Equity Arbitrage FundUTI Arbitrage FundEdelweiss Arbitrage FundHDFC Arbitrage FundInvesco India Arbitrage FundICICI Prudential Equity Arbitrage FundAxis Arbitrage Fund SBI Arbitrage Opportunities FundBandhan Arbitrage FundAditya Birla Sun Life Arbitrage Fund
Point 1Highest AUM (₹69,924 Cr).Bottom quartile AUM (₹7,863 Cr).Lower mid AUM (₹15,045 Cr).Upper mid AUM (₹21,068 Cr).Upper mid AUM (₹23,900 Cr).Upper mid AUM (₹30,811 Cr).Bottom quartile AUM (₹6,950 Cr).Top quartile AUM (₹37,606 Cr).Bottom quartile AUM (₹8,986 Cr).Lower mid AUM (₹20,646 Cr).
Point 2Oldest track record among peers (19 yrs).Established history (19+ yrs).Established history (11+ yrs).Established history (17+ yrs).Established history (18+ yrs).Established history (18+ yrs).Established history (11+ yrs).Established history (18+ yrs).Established history (18+ yrs).Established history (16+ yrs).
Point 3Rating: 4★ (top quartile).Rating: 3★ (upper mid).Top rated.Rating: 3★ (upper mid).Rating: 3★ (lower mid).Rating: 4★ (upper mid).Rating: 2★ (bottom quartile).Rating: 2★ (bottom quartile).Rating: 1★ (bottom quartile).Rating: 3★ (lower mid).
Point 4Risk profile: Moderately Low.Risk profile: Moderately Low.Risk profile: Moderately Low.Risk profile: Moderately Low.Risk profile: Moderately Low.Risk profile: Moderate.Risk profile: Moderate.Risk profile: Moderately Low.Risk profile: Moderately Low.Risk profile: Moderate.
Point 55Y return: 5.86% (top quartile).5Y return: 5.68% (upper mid).5Y return: 5.70% (upper mid).5Y return: 5.62% (lower mid).5Y return: 5.80% (top quartile).5Y return: 5.68% (lower mid).5Y return: 5.57% (bottom quartile).5Y return: 5.80% (upper mid).5Y return: 5.54% (bottom quartile).5Y return: 5.61% (bottom quartile).
Point 63Y return: 7.22% (top quartile).3Y return: 7.06% (upper mid).3Y return: 7.05% (lower mid).3Y return: 7.05% (lower mid).3Y return: 7.20% (upper mid).3Y return: 7.06% (upper mid).3Y return: 6.87% (bottom quartile).3Y return: 7.20% (top quartile).3Y return: 6.98% (bottom quartile).3Y return: 6.97% (bottom quartile).
Point 71Y return: 6.84% (upper mid).1Y return: 6.91% (top quartile).1Y return: 6.76% (lower mid).1Y return: 6.73% (bottom quartile).1Y return: 6.82% (upper mid).1Y return: 6.86% (upper mid).1Y return: 6.66% (bottom quartile).1Y return: 6.87% (top quartile).1Y return: 6.68% (bottom quartile).1Y return: 6.78% (lower mid).
Point 81M return: 0.52% (upper mid).1M return: 0.51% (bottom quartile).1M return: 0.52% (upper mid).1M return: 0.52% (lower mid).1M return: 0.57% (top quartile).1M return: 0.52% (upper mid).1M return: 0.50% (bottom quartile).1M return: 0.54% (top quartile).1M return: 0.50% (bottom quartile).1M return: 0.51% (lower mid).
Point 9Alpha: 0.00 (top quartile).Alpha: 0.00 (upper mid).Alpha: 0.02 (top quartile).Alpha: 0.00 (upper mid).Alpha: 0.00 (upper mid).Alpha: 0.00 (lower mid).Alpha: 0.00 (lower mid).Alpha: 0.00 (bottom quartile).Alpha: 0.00 (bottom quartile).Alpha: 0.00 (bottom quartile).
Point 10Sharpe: 1.24 (upper mid).Sharpe: 1.41 (top quartile).Sharpe: 0.90 (bottom quartile).Sharpe: 0.92 (lower mid).Sharpe: 0.96 (upper mid).Sharpe: 1.24 (top quartile).Sharpe: 0.67 (bottom quartile).Sharpe: 1.14 (upper mid).Sharpe: 0.74 (bottom quartile).Sharpe: 0.91 (lower mid).

Kotak Equity Arbitrage Fund

  • Highest AUM (₹69,924 Cr).
  • Oldest track record among peers (19 yrs).
  • Rating: 4★ (top quartile).
  • Risk profile: Moderately Low.
  • 5Y return: 5.86% (top quartile).
  • 3Y return: 7.22% (top quartile).
  • 1Y return: 6.84% (upper mid).
  • 1M return: 0.52% (upper mid).
  • Alpha: 0.00 (top quartile).
  • Sharpe: 1.24 (upper mid).

UTI Arbitrage Fund

  • Bottom quartile AUM (₹7,863 Cr).
  • Established history (19+ yrs).
  • Rating: 3★ (upper mid).
  • Risk profile: Moderately Low.
  • 5Y return: 5.68% (upper mid).
  • 3Y return: 7.06% (upper mid).
  • 1Y return: 6.91% (top quartile).
  • 1M return: 0.51% (bottom quartile).
  • Alpha: 0.00 (upper mid).
  • Sharpe: 1.41 (top quartile).

Edelweiss Arbitrage Fund

  • Lower mid AUM (₹15,045 Cr).
  • Established history (11+ yrs).
  • Top rated.
  • Risk profile: Moderately Low.
  • 5Y return: 5.70% (upper mid).
  • 3Y return: 7.05% (lower mid).
  • 1Y return: 6.76% (lower mid).
  • 1M return: 0.52% (upper mid).
  • Alpha: 0.02 (top quartile).
  • Sharpe: 0.90 (bottom quartile).

HDFC Arbitrage Fund

  • Upper mid AUM (₹21,068 Cr).
  • Established history (17+ yrs).
  • Rating: 3★ (upper mid).
  • Risk profile: Moderately Low.
  • 5Y return: 5.62% (lower mid).
  • 3Y return: 7.05% (lower mid).
  • 1Y return: 6.73% (bottom quartile).
  • 1M return: 0.52% (lower mid).
  • Alpha: 0.00 (upper mid).
  • Sharpe: 0.92 (lower mid).

Invesco India Arbitrage Fund

  • Upper mid AUM (₹23,900 Cr).
  • Established history (18+ yrs).
  • Rating: 3★ (lower mid).
  • Risk profile: Moderately Low.
  • 5Y return: 5.80% (top quartile).
  • 3Y return: 7.20% (upper mid).
  • 1Y return: 6.82% (upper mid).
  • 1M return: 0.57% (top quartile).
  • Alpha: 0.00 (upper mid).
  • Sharpe: 0.96 (upper mid).

ICICI Prudential Equity Arbitrage Fund

  • Upper mid AUM (₹30,811 Cr).
  • Established history (18+ yrs).
  • Rating: 4★ (upper mid).
  • Risk profile: Moderate.
  • 5Y return: 5.68% (lower mid).
  • 3Y return: 7.06% (upper mid).
  • 1Y return: 6.86% (upper mid).
  • 1M return: 0.52% (upper mid).
  • Alpha: 0.00 (lower mid).
  • Sharpe: 1.24 (top quartile).

Axis Arbitrage Fund 

  • Bottom quartile AUM (₹6,950 Cr).
  • Established history (11+ yrs).
  • Rating: 2★ (bottom quartile).
  • Risk profile: Moderate.
  • 5Y return: 5.57% (bottom quartile).
  • 3Y return: 6.87% (bottom quartile).
  • 1Y return: 6.66% (bottom quartile).
  • 1M return: 0.50% (bottom quartile).
  • Alpha: 0.00 (lower mid).
  • Sharpe: 0.67 (bottom quartile).

SBI Arbitrage Opportunities Fund

  • Top quartile AUM (₹37,606 Cr).
  • Established history (18+ yrs).
  • Rating: 2★ (bottom quartile).
  • Risk profile: Moderately Low.
  • 5Y return: 5.80% (upper mid).
  • 3Y return: 7.20% (top quartile).
  • 1Y return: 6.87% (top quartile).
  • 1M return: 0.54% (top quartile).
  • Alpha: 0.00 (bottom quartile).
  • Sharpe: 1.14 (upper mid).

Bandhan Arbitrage Fund

  • Bottom quartile AUM (₹8,986 Cr).
  • Established history (18+ yrs).
  • Rating: 1★ (bottom quartile).
  • Risk profile: Moderately Low.
  • 5Y return: 5.54% (bottom quartile).
  • 3Y return: 6.98% (bottom quartile).
  • 1Y return: 6.68% (bottom quartile).
  • 1M return: 0.50% (bottom quartile).
  • Alpha: 0.00 (bottom quartile).
  • Sharpe: 0.74 (bottom quartile).

Aditya Birla Sun Life Arbitrage Fund

  • Lower mid AUM (₹20,646 Cr).
  • Established history (16+ yrs).
  • Rating: 3★ (lower mid).
  • Risk profile: Moderate.
  • 5Y return: 5.61% (bottom quartile).
  • 3Y return: 6.97% (bottom quartile).
  • 1Y return: 6.78% (lower mid).
  • 1M return: 0.51% (lower mid).
  • Alpha: 0.00 (bottom quartile).
  • Sharpe: 0.91 (lower mid).

Top 10 Performing Arbitrage Funds in FY 24 - 25

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

Research Highlights for Kotak Equity Arbitrage Fund

  • Highest AUM (₹69,924 Cr).
  • Oldest track record among peers (19 yrs).
  • Rating: 4★ (top quartile).
  • Risk profile: Moderately Low.
  • 5Y return: 5.86% (top quartile).
  • 3Y return: 7.22% (top quartile).
  • 1Y return: 6.84% (upper mid).
  • 1M return: 0.52% (upper mid).
  • Alpha: 0.00 (top quartile).
  • Sharpe: 1.24 (upper mid).
  • Information ratio: 0.00 (top quartile).

Below is the key information for Kotak Equity Arbitrage Fund

Kotak Equity Arbitrage Fund
Growth
Launch Date 29 Sep 05
NAV (11 Aug 25) ₹37.728 ↑ 0.01   (0.04 %)
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.

DateValue
31 Jul 20₹10,000
31 Jul 21₹10,414
31 Jul 22₹10,777
31 Jul 23₹11,491
31 Jul 24₹12,419
31 Jul 25₹13,289

Kotak Equity Arbitrage Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual 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 11 Aug 25

DurationReturns
1 Month 0.5%
3 Month 1.4%
6 Month 3.3%
1 Year 6.8%
3 Year 7.2%
5 Year 5.9%
10 Year
15 Year
Since launch 6.9%
Historical performance (Yearly) on absolute basis
YearReturns
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
NameSinceTenure
Hiten Shah3 Oct 195.83 Yr.

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

Asset Allocation
Asset ClassValue
Cash94.58%
Debt5.72%
Other0.04%
Equity Sector Allocation
SectorValue
Financial Services22.38%
Consumer Cyclical9.71%
Basic Materials8.19%
Industrials7.86%
Health Care5.73%
Energy5.29%
Technology4.99%
Consumer Defensive4.92%
Utility4.72%
Communication Services4.01%
Real Estate0.97%
Debt Sector Allocation
SectorValue
Cash Equivalent84.76%
Corporate10.97%
Government4.56%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Kotak Money Market Dir Gr
Investment Fund | -
11%₹7,681 Cr16,905,337
↑ 1,269,425
Kotak Savings Fund Dir Gr
Investment Fund | -
5%₹3,807 Cr846,782,645
↑ 33,465,305
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 22 | HDFCBANK
4%₹2,671 Cr13,347,400
↓ -1,468,500
HDFC Bank Ltd.-JUL2025
Derivatives | -
3%-₹2,184 Cr10,870,200
↑ 10,610,050
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 23 | BHARTIARTL
2%₹1,625 Cr8,084,975
↓ -425,600
Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Jan 24 | M&M
2%₹1,601 Cr5,028,400
↑ 673,800
Reliance Industries Ltd (Energy)
Equity, Since 31 May 18 | RELIANCE
2%₹1,577 Cr10,510,500
↓ -1,668,000
Axis Bank Ltd.-JUL2025
Derivatives | -
2%-₹1,577 Cr13,075,625
↑ 13,020,625
Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 18 | 532215
2%₹1,568 Cr13,075,625
↑ 4,137,500
Mahindra & Mahindra Ltd.-JUL2025
Derivatives | -
2%-₹1,556 Cr4,903,000
↑ 4,864,600

2. 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.

Research Highlights for UTI Arbitrage Fund

  • Bottom quartile AUM (₹7,863 Cr).
  • Established history (19+ yrs).
  • Rating: 3★ (upper mid).
  • Risk profile: Moderately Low.
  • 5Y return: 5.68% (upper mid).
  • 3Y return: 7.06% (upper mid).
  • 1Y return: 6.91% (top quartile).
  • 1M return: 0.51% (bottom quartile).
  • Alpha: 0.00 (upper mid).
  • Sharpe: 1.41 (top quartile).
  • Information ratio: 0.00 (top quartile).

Below is the key information for UTI Arbitrage Fund

UTI Arbitrage Fund
Growth
Launch Date 22 Jun 06
NAV (11 Aug 25) ₹35.283 ↑ 0.01   (0.04 %)
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.

DateValue
31 Jul 20₹10,000
31 Jul 21₹10,406
31 Jul 22₹10,732
31 Jul 23₹11,406
31 Jul 24₹12,303
31 Jul 25₹13,172

UTI Arbitrage Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual 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 11 Aug 25

DurationReturns
1 Month 0.5%
3 Month 1.4%
6 Month 3.4%
1 Year 6.9%
3 Year 7.1%
5 Year 5.7%
10 Year
15 Year
Since launch 6.8%
Historical performance (Yearly) on absolute basis
YearReturns
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
NameSinceTenure
Amit Sharma2 Jul 187.09 Yr.
Sharwan Kumar Goyal1 Jan 214.58 Yr.

Data below for UTI Arbitrage Fund as on 30 Jun 25

Asset Allocation
Asset ClassValue
Cash93.43%
Equity1.5%
Debt5.03%
Other0.04%
Equity Sector Allocation
SectorValue
Financial Services23.91%
Basic Materials8.19%
Consumer Cyclical6.67%
Energy5.93%
Technology5.56%
Health Care4.94%
Consumer Defensive4.88%
Industrials4.78%
Communication Services3.11%
Utility1.64%
Real Estate0.88%
Debt Sector Allocation
SectorValue
Cash Equivalent75.78%
Corporate16.56%
Government6.12%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
UTI Money Market Dir Gr
Investment Fund | -
15%₹1,168 Cr3,733,851
↑ 159,320
Future on HDFC Bank Ltd
Derivatives | -
4%-₹352 Cr1,753,400
↑ 58,850
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 22 | HDFCBANK
4%₹351 Cr1,753,400
↑ 58,850
Future on Reliance Industries Ltd
Derivatives | -
4%-₹336 Cr2,229,000
↓ -111,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 23 | RELIANCE
4%₹334 Cr2,229,000
↓ -111,000
Future on State Bank of India
Derivatives | -
3%-₹238 Cr2,887,500
↑ 1,222,500
Future on ICICI Bank Ltd
Derivatives | -
3%-₹237 Cr1,635,900
↓ -729,400
State Bank of India (Financial Services)
Equity, Since 31 May 23 | SBIN
3%₹237 Cr2,887,500
↑ 1,222,500
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Sep 24 | 532174
3%₹237 Cr1,635,900
↓ -729,400
UTI Floater Dir Gr
Investment Fund | -
3%₹200 Cr1,277,944
↑ 1,277,944

3. 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.

Research Highlights for Edelweiss Arbitrage Fund

  • Lower mid AUM (₹15,045 Cr).
  • Established history (11+ yrs).
  • Top rated.
  • Risk profile: Moderately Low.
  • 5Y return: 5.70% (upper mid).
  • 3Y return: 7.05% (lower mid).
  • 1Y return: 6.76% (lower mid).
  • 1M return: 0.52% (upper mid).
  • Alpha: 0.02 (top quartile).
  • Sharpe: 0.90 (bottom quartile).
  • Information ratio: -0.98 (bottom quartile).

Below is the key information for Edelweiss Arbitrage Fund

Edelweiss Arbitrage Fund
Growth
Launch Date 27 Jun 14
NAV (11 Aug 25) ₹19.5087 ↑ 0.00   (0.01 %)
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.

DateValue
31 Jul 20₹10,000
31 Jul 21₹10,391
31 Jul 22₹10,743
31 Jul 23₹11,433
31 Jul 24₹12,329
31 Jul 25₹13,182

Edelweiss Arbitrage Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual 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 11 Aug 25

DurationReturns
1 Month 0.5%
3 Month 1.4%
6 Month 3.2%
1 Year 6.8%
3 Year 7.1%
5 Year 5.7%
10 Year
15 Year
Since launch 6.2%
Historical performance (Yearly) on absolute basis
YearReturns
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
NameSinceTenure
Bhavesh Jain27 Jun 1411.1 Yr.
Rahul Dedhia1 Aug 241 Yr.
Amit Vora6 Nov 240.73 Yr.
Pranavi Kulkarni1 Jul 241.08 Yr.

Data below for Edelweiss Arbitrage Fund as on 30 Jun 25

Asset Allocation
Asset ClassValue
Cash94.71%
Debt5.59%
Other0.02%
Equity Sector Allocation
SectorValue
Financial Services22.8%
Basic Materials9.48%
Energy6.53%
Consumer Cyclical6.35%
Industrials5.98%
Technology5.46%
Utility5.19%
Health Care4.82%
Consumer Defensive4.78%
Communication Services3.71%
Real Estate0.91%
Debt Sector Allocation
SectorValue
Cash Equivalent87.62%
Corporate6.5%
Government6.18%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Edelweiss Liquid Dir Gr
Investment Fund | -
7%₹1,010 Cr2,964,422
Future on HDFC Bank Ltd
Derivatives | -
4%-₹554 Cr2,758,800
↓ -940,500
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 21 | HDFCBANK
4%₹552 Cr2,758,800
↓ -940,500
Future on Reliance Industries Ltd
Derivatives | -
3%-₹468 Cr3,102,500
↓ -526,000
Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 18 | RELIANCE
3%₹466 Cr3,102,500
↓ -526,000
Edelweiss Money Market Dir Gr
Investment Fund | -
2%₹367 Cr116,773,006
↑ 15,948,980
Future on State Bank of India
Derivatives | -
2%-₹261 Cr3,171,000
↓ -772,500
State Bank of India (Financial Services)
Equity, Since 31 Jan 23 | SBIN
2%₹260 Cr3,171,000
↓ -772,500
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 23 | BHARTIARTL
2%₹250 Cr1,244,025
↓ -208,525
Future on Bharti Airtel Ltd
Derivatives | -
2%-₹250 Cr1,244,025
↓ -208,525

4. 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."

Research Highlights for HDFC Arbitrage Fund

  • Upper mid AUM (₹21,068 Cr).
  • Established history (17+ yrs).
  • Rating: 3★ (upper mid).
  • Risk profile: Moderately Low.
  • 5Y return: 5.62% (lower mid).
  • 3Y return: 7.05% (lower mid).
  • 1Y return: 6.73% (bottom quartile).
  • 1M return: 0.52% (lower mid).
  • Alpha: 0.00 (upper mid).
  • Sharpe: 0.92 (lower mid).
  • Information ratio: 0.00 (upper mid).

Below is the key information for HDFC Arbitrage Fund

HDFC Arbitrage Fund
Growth
Launch Date 23 Oct 07
NAV (11 Aug 25) ₹30.842 ↑ 0.02   (0.06 %)
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.

DateValue
31 Jul 20₹10,000
31 Jul 21₹10,394
31 Jul 22₹10,707
31 Jul 23₹11,396
31 Jul 24₹12,289
31 Jul 25₹13,137

HDFC Arbitrage Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual 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 11 Aug 25

DurationReturns
1 Month 0.5%
3 Month 1.4%
6 Month 3.2%
1 Year 6.7%
3 Year 7%
5 Year 5.6%
10 Year
15 Year
Since launch 6.5%
Historical performance (Yearly) on absolute basis
YearReturns
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
NameSinceTenure
Anil Bamboli1 Feb 223.5 Yr.
Arun Agarwal24 Aug 204.94 Yr.
Dhruv Muchhal22 Jun 232.11 Yr.
Nandita Menezes29 Mar 250.34 Yr.

Data below for HDFC Arbitrage Fund as on 30 Jun 25

Asset Allocation
Asset ClassValue
Cash95.8%
Debt4.43%
Other0.04%
Equity Sector Allocation
SectorValue
Financial Services23.24%
Basic Materials9.7%
Consumer Cyclical8.13%
Health Care5.87%
Energy5.54%
Technology5.18%
Industrials4.83%
Consumer Defensive4.67%
Communication Services4.67%
Utility4.47%
Real Estate1.01%
Debt Sector Allocation
SectorValue
Cash Equivalent88.5%
Corporate7.65%
Government4.08%
Credit Quality
RatingValue
AA11.51%
AAA88.49%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Money Market Dir Gr
Investment Fund | -
11%₹2,356 Cr4,031,366
Future on HDFC Bank Ltd
Derivatives | -
6%-₹1,310 Cr
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 23 | HDFCBANK
6%₹1,304 Cr6,515,300
↑ 645,150
HDFC Liquid Dir Gr
Investment Fund | -
6%₹1,233 Cr2,379,876
↑ 194,031
Future on ICICI Bank Ltd
Derivatives | -
5%-₹1,087 Cr
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 24 | 532174
5%₹1,084 Cr7,494,200
↓ -765,100
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 23 | BHARTIARTL
4%₹840 Cr4,179,525
↑ 552,900
Future on Bharti Airtel Ltd
Derivatives | -
4%-₹839 Cr
Future on Reliance Industries Ltd
Derivatives | -
4%-₹788 Cr
Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 21 | RELIANCE
4%₹782 Cr5,208,000
↓ -53,500

5. 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.

Research Highlights for Invesco India Arbitrage Fund

  • Upper mid AUM (₹23,900 Cr).
  • Established history (18+ yrs).
  • Rating: 3★ (lower mid).
  • Risk profile: Moderately Low.
  • 5Y return: 5.80% (top quartile).
  • 3Y return: 7.20% (upper mid).
  • 1Y return: 6.82% (upper mid).
  • 1M return: 0.57% (top quartile).
  • Alpha: 0.00 (upper mid).
  • Sharpe: 0.96 (upper mid).
  • Information ratio: 0.00 (upper mid).

Below is the key information for Invesco India Arbitrage Fund

Invesco India Arbitrage Fund
Growth
Launch Date 30 Apr 07
NAV (11 Aug 25) ₹32.1227 ↓ 0.00   (0.00 %)
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.

DateValue
31 Jul 20₹10,000
31 Jul 21₹10,369
31 Jul 22₹10,751
31 Jul 23₹11,486
31 Jul 24₹12,386
31 Jul 25₹13,246

Invesco India Arbitrage Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual 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 11 Aug 25

DurationReturns
1 Month 0.6%
3 Month 1.4%
6 Month 3.3%
1 Year 6.8%
3 Year 7.2%
5 Year 5.8%
10 Year
15 Year
Since launch 6.6%
Historical performance (Yearly) on absolute basis
YearReturns
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
NameSinceTenure
Deepak Gupta11 Nov 213.72 Yr.
Kuber Mannadi1 Sep 222.92 Yr.

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

Asset Allocation
Asset ClassValue
Cash95.2%
Debt5.12%
Other0.04%
Equity Sector Allocation
SectorValue
Financial Services24.35%
Consumer Defensive7.69%
Basic Materials7.56%
Industrials7.01%
Technology6.92%
Consumer Cyclical6.48%
Health Care6.23%
Utility5.15%
Energy4.61%
Communication Services2.71%
Real Estate1.44%
Debt Sector Allocation
SectorValue
Cash Equivalent91.07%
Corporate6.39%
Government2.85%
Credit Quality
RatingValue
AA11.57%
AAA88.43%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Invesco India Money Market Dir Gr
Investment Fund | -
6%₹1,471 Cr4,657,867
↑ 318,422
Invesco India Liquid Dir Gr
Investment Fund | -
6%₹1,439 Cr3,975,670
↓ -2,731,000
Future on State Bank of India
Derivatives | -
3%-₹746 Cr9,046,500
↓ -343,500
State Bank of India (Financial Services)
Equity, Since 31 Jan 23 | SBIN
3%₹742 Cr9,046,500
↓ -343,500
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 23 | HDFCBANK
3%₹718 Cr3,587,100
↓ -1,433,300
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 24 | 532174
3%₹648 Cr4,479,300
↑ 1,426,600
Hdfc Bank Limited July 2025 Future
Derivatives | -
3%-₹643 Cr3,198,800
↑ 3,198,800
Future on Tata Consultancy Services Ltd
Derivatives | -
3%-₹642 Cr1,850,800
↑ 1,248,625
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jan 25 | TCS
3%₹641 Cr1,850,800
↑ 1,248,625
Icici Bank Limited August 2025 Future
Derivatives | -
2%-₹531 Cr3,661,000
↑ 3,661,000

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.

Research Highlights for ICICI Prudential Equity Arbitrage Fund

  • Upper mid AUM (₹30,811 Cr).
  • Established history (18+ yrs).
  • Rating: 4★ (upper mid).
  • Risk profile: Moderate.
  • 5Y return: 5.68% (lower mid).
  • 3Y return: 7.06% (upper mid).
  • 1Y return: 6.86% (upper mid).
  • 1M return: 0.52% (upper mid).
  • Alpha: 0.00 (lower mid).
  • Sharpe: 1.24 (top quartile).
  • Information ratio: 0.00 (upper mid).

Below is the key information for ICICI Prudential Equity Arbitrage Fund

ICICI Prudential Equity Arbitrage Fund
Growth
Launch Date 30 Dec 06
NAV (11 Aug 25) ₹34.5403 ↑ 0.01   (0.03 %)
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.

DateValue
31 Jul 20₹10,000
31 Jul 21₹10,399
31 Jul 22₹10,730
31 Jul 23₹11,418
31 Jul 24₹12,302
31 Jul 25₹13,165

ICICI Prudential Equity Arbitrage Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual 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 11 Aug 25

DurationReturns
1 Month 0.5%
3 Month 1.4%
6 Month 3.3%
1 Year 6.9%
3 Year 7.1%
5 Year 5.7%
10 Year
15 Year
Since launch 6.9%
Historical performance (Yearly) on absolute basis
YearReturns
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
NameSinceTenure
Nikhil Kabra29 Dec 204.59 Yr.
Sharmila D’mello31 Jul 223 Yr.
Darshil Dedhia13 Sep 240.88 Yr.
Ajaykumar Solanki23 Aug 240.94 Yr.
Archana Nair1 Feb 241.5 Yr.

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

Asset Allocation
Asset ClassValue
Cash92.45%
Debt7.8%
Other0.04%
Equity Sector Allocation
SectorValue
Financial Services19.3%
Consumer Cyclical8.55%
Energy7.56%
Basic Materials6.67%
Industrials6.17%
Technology6.11%
Health Care5.46%
Communication Services5.37%
Consumer Defensive4.94%
Utility4.12%
Real Estate1.14%
Debt Sector Allocation
SectorValue
Cash Equivalent80.21%
Corporate14.53%
Government5.52%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Pru Money Market Dir Gr
Investment Fund | -
10%₹3,083 Cr80,068,582
ICICI Pru Savings Dir Gr
Investment Fund | -
6%₹1,790 Cr32,418,220
Future on HDFC Bank Ltd
Derivatives | -
5%-₹1,604 Cr7,976,100
↓ -306,350
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 21 | HDFCBANK
5%₹1,596 Cr7,976,100
↓ -306,350
Future on Reliance Industries Ltd
Derivatives | -
4%-₹1,228 Cr8,126,000
↑ 1,026,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 18 | RELIANCE
4%₹1,219 Cr8,126,000
↑ 1,026,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Dec 23 | BHARTIARTL
4%₹1,187 Cr5,907,575
↑ 661,200
Future on Bharti Airtel Ltd
Derivatives | -
4%-₹1,185 Cr5,907,575
↑ 661,200
Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Jul 14 | M&M
3%₹780 Cr2,451,600
↑ 451,000
Future on Mahindra & Mahindra Ltd
Derivatives | -
3%-₹778 Cr2,451,600
↑ 451,000

7. Axis Arbitrage Fund 

(Erstwhile Axis Enhanced Arbitrage Fund)

To generate income through low volatility absolute return strategies that take advantage of opportunities in the cash and the derivative segments of the equity markets including the arbitrage opportunities available within the derivative segment, by using other derivative based strategies and by investing the balance in debt and money market instruments. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

Research Highlights for Axis Arbitrage Fund 

  • Bottom quartile AUM (₹6,950 Cr).
  • Established history (11+ yrs).
  • Rating: 2★ (bottom quartile).
  • Risk profile: Moderate.
  • 5Y return: 5.57% (bottom quartile).
  • 3Y return: 6.87% (bottom quartile).
  • 1Y return: 6.66% (bottom quartile).
  • 1M return: 0.50% (bottom quartile).
  • Alpha: 0.00 (lower mid).
  • Sharpe: 0.67 (bottom quartile).
  • Information ratio: 0.00 (lower mid).

Below is the key information for Axis Arbitrage Fund 

Axis Arbitrage Fund 
Growth
Launch Date 14 Aug 14
NAV (11 Aug 25) ₹18.8159 ↑ 0.01   (0.03 %)
Net Assets (Cr) ₹6,950 on 30 Jun 25
Category Hybrid - Arbitrage
AMC Axis Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 0.96
Sharpe Ratio 0.67
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load 0-7 Days (0.25%),7 Days and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Jul 20₹10,000
31 Jul 21₹10,363
31 Jul 22₹10,733
31 Jul 23₹11,383
31 Jul 24₹12,263
31 Jul 25₹13,101

Axis Arbitrage Fund  SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹349,120.
Net Profit of ₹49,120
Invest Now

Returns for Axis 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 11 Aug 25

DurationReturns
1 Month 0.5%
3 Month 1.4%
6 Month 3.3%
1 Year 6.7%
3 Year 6.9%
5 Year 5.6%
10 Year
15 Year
Since launch 5.9%
Historical performance (Yearly) on absolute basis
YearReturns
2024 7.6%
2023 6.9%
2022 4.2%
2021 3.8%
2020 4.1%
2019 5.8%
2018 6.1%
2017 5.2%
2016 6.9%
2015 7.3%
Fund Manager information for Axis Arbitrage Fund 
NameSinceTenure
Devang Shah14 Aug 1410.97 Yr.
Sachin Jain9 Nov 213.73 Yr.
Karthik Kumar3 Jul 232.08 Yr.

Data below for Axis Arbitrage Fund  as on 30 Jun 25

Asset Allocation
Asset ClassValue
Cash90.66%
Debt9.6%
Other0.02%
Equity Sector Allocation
SectorValue
Financial Services26.55%
Basic Materials7.45%
Technology5.99%
Consumer Cyclical5.56%
Energy4.46%
Industrials4.24%
Health Care3.45%
Consumer Defensive3.2%
Communication Services3.16%
Utility2.5%
Real Estate1.87%
Debt Sector Allocation
SectorValue
Cash Equivalent80.67%
Corporate13.13%
Government6.46%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Axis Money Market Dir Gr
Investment Fund | -
10%₹678 Cr4,682,653
↑ 795,802
Hdfc Bank Limited July 2025 Future
Derivatives | -
4%-₹268 Cr1,333,750
↑ 1,333,750
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 23 | HDFCBANK
4%₹267 Cr1,333,750
↓ -29,150
Future on Reliance Industries Ltd
Derivatives | -
4%-₹247 Cr1,635,500
↑ 1,635,500
Future on State Bank of India
Derivatives | -
4%-₹246 Cr2,982,750
↑ 2,982,750
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 20 | RELIANCE
4%₹245 Cr1,635,500
↓ -76,500
State Bank of India (Financial Services)
Equity, Since 31 May 24 | SBIN
4%₹245 Cr2,982,750
↓ -1,500
Future on IDFC First Bank Ltd
Derivatives | -
3%-₹195 Cr26,582,150
↑ 26,582,150
IDFC First Bank Ltd (Financial Services)
Equity, Since 31 Jan 25 | IDFCFIRSTB
3%₹194 Cr26,582,150
↓ -335,350
Future on Tata Consultancy Services Ltd
Derivatives | -
3%-₹193 Cr556,150
↑ 556,150

8. 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.

Research Highlights for SBI Arbitrage Opportunities Fund

  • Top quartile AUM (₹37,606 Cr).
  • Established history (18+ yrs).
  • Rating: 2★ (bottom quartile).
  • Risk profile: Moderately Low.
  • 5Y return: 5.80% (upper mid).
  • 3Y return: 7.20% (top quartile).
  • 1Y return: 6.87% (top quartile).
  • 1M return: 0.54% (top quartile).
  • Alpha: 0.00 (bottom quartile).
  • Sharpe: 1.14 (upper mid).
  • Information ratio: 0.00 (lower mid).

Below is the key information for SBI Arbitrage Opportunities Fund

SBI Arbitrage Opportunities Fund
Growth
Launch Date 3 Nov 06
NAV (11 Aug 25) ₹34.0491 ↑ 0.01   (0.03 %)
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.

DateValue
31 Jul 20₹10,000
31 Jul 21₹10,358
31 Jul 22₹10,742
31 Jul 23₹11,476
31 Jul 24₹12,369
31 Jul 25₹13,238

SBI Arbitrage Opportunities Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual 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 11 Aug 25

DurationReturns
1 Month 0.5%
3 Month 1.5%
6 Month 3.4%
1 Year 6.9%
3 Year 7.2%
5 Year 5.8%
10 Year
15 Year
Since launch 6.7%
Historical performance (Yearly) on absolute basis
YearReturns
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
NameSinceTenure
Neeraj Kumar5 Oct 1212.83 Yr.
Ardhendu Bhattacharya27 Dec 240.59 Yr.

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

Asset Allocation
Asset ClassValue
Cash87.66%
Equity2.05%
Debt10.26%
Other0.04%
Equity Sector Allocation
SectorValue
Financial Services26.42%
Basic Materials7.59%
Industrials6.15%
Technology5.85%
Consumer Defensive4.89%
Consumer Cyclical4.83%
Health Care3.81%
Energy3.76%
Utility3.4%
Communication Services2.27%
Real Estate0.98%
Debt Sector Allocation
SectorValue
Cash Equivalent82.27%
Corporate12.26%
Government3.39%
Credit Quality
RatingValue
AA7.63%
AAA92.37%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
SBI Savings Dir Gr
Investment Fund | -
9%₹3,239 Cr726,722,883
Future on HDFC Bank Ltd
Derivatives | -
7%-₹2,514 Cr12,508,100
↑ 12,508,100
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 22 | HDFCBANK
7%₹2,503 Cr12,508,100
↑ 2,387,550
Future on State Bank of India
Derivatives | -
3%-₹1,177 Cr14,274,000
↑ 14,274,000
State Bank of India (Financial Services)
Equity, Since 31 May 23 | SBIN
3%₹1,171 Cr14,274,000
↑ 3,501,750
Future on ICICI Bank Ltd
Derivatives | -
3%-₹1,116 Cr7,697,900
↑ 7,697,900
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 21 | 532174
3%₹1,113 Cr7,697,900
↑ 2,749,600
SBI Magnum Low Duration Dir Gr
Investment Fund | -
3%₹1,057 Cr2,904,125
Axis Bank Ltd (Financial Services)
Equity, Since 31 Jul 18 | 532215
2%₹893 Cr7,446,250
↓ -486,250
Axis Bank Ltd.
Debentures | -
2%-₹880 Cr7,298,750
↑ 7,298,750

9. Bandhan 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.

Research Highlights for Bandhan Arbitrage Fund

  • Bottom quartile AUM (₹8,986 Cr).
  • Established history (18+ yrs).
  • Rating: 1★ (bottom quartile).
  • Risk profile: Moderately Low.
  • 5Y return: 5.54% (bottom quartile).
  • 3Y return: 6.98% (bottom quartile).
  • 1Y return: 6.68% (bottom quartile).
  • 1M return: 0.50% (bottom quartile).
  • Alpha: 0.00 (bottom quartile).
  • Sharpe: 0.74 (bottom quartile).
  • Information ratio: 0.00 (bottom quartile).

Below is the key information for Bandhan Arbitrage Fund

Bandhan Arbitrage Fund
Growth
Launch Date 21 Dec 06
NAV (11 Aug 25) ₹32.6578 ↑ 0.01   (0.03 %)
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.

DateValue
31 Jul 20₹10,000
31 Jul 21₹10,375
31 Jul 22₹10,686
31 Jul 23₹11,375
31 Jul 24₹12,250
31 Jul 25₹13,087

Bandhan Arbitrage Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹349,120.
Net Profit of ₹49,120
Invest Now

Returns for Bandhan 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 11 Aug 25

DurationReturns
1 Month 0.5%
3 Month 1.3%
6 Month 3.2%
1 Year 6.7%
3 Year 7%
5 Year 5.5%
10 Year
15 Year
Since launch 6.6%
Historical performance (Yearly) on absolute basis
YearReturns
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 Bandhan Arbitrage Fund
NameSinceTenure
Harshal Joshi20 Oct 168.79 Yr.
Brijesh Shah10 Jun 241.14 Yr.
Ritika Behera7 Oct 231.82 Yr.
Gaurav Satra7 Jun 241.15 Yr.
Kapil Kankonkar16 Jun 250.12 Yr.

Data below for Bandhan Arbitrage Fund as on 30 Jun 25

Asset Allocation
Asset ClassValue
Cash86.35%
Debt13.91%
Other0.05%
Equity Sector Allocation
SectorValue
Financial Services24.31%
Basic Materials7.63%
Energy6.75%
Industrials5.86%
Technology5.81%
Consumer Cyclical5.53%
Consumer Defensive5.38%
Health Care3.83%
Utility2.77%
Communication Services1.88%
Real Estate0.9%
Debt Sector Allocation
SectorValue
Cash Equivalent77.72%
Corporate17.24%
Government5.3%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Bandhan Money Manager Dir Gr
Investment Fund | -
12%₹1,039 Cr237,369,795
↑ 11,465,739
Bandhan Low Duration Dir Gr
Investment Fund | -
6%₹524 Cr132,435,324
Hdfc Bank Limited July 2025 Future
Derivatives | -
5%-₹427 Cr2,126,850
↑ 2,126,850
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 22 | HDFCBANK
5%₹427 Cr2,132,900
↑ 34,100
Future on Reliance Industries Ltd
Derivatives | -
4%-₹392 Cr2,589,000
↑ 3,500
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 18 | RELIANCE
4%₹389 Cr2,589,000
↑ 3,500
Icici Bank Limited August 2025 Future
Derivatives | -
3%-₹292 Cr2,016,000
↑ 2,016,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 24 | 532174
3%₹291 Cr2,016,000
↑ 543,200
Bandhan Ultra Short Term Dir Gr
Investment Fund | -
3%₹281 Cr182,182,131
↑ 16,227,580
Future on IDFC First Bank Ltd
Derivatives | -
3%-₹247 Cr33,658,975
↑ 126,475

10. 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).

Research Highlights for Aditya Birla Sun Life Arbitrage Fund

  • Lower mid AUM (₹20,646 Cr).
  • Established history (16+ yrs).
  • Rating: 3★ (lower mid).
  • Risk profile: Moderate.
  • 5Y return: 5.61% (bottom quartile).
  • 3Y return: 6.97% (bottom quartile).
  • 1Y return: 6.78% (lower mid).
  • 1M return: 0.51% (lower mid).
  • Alpha: 0.00 (bottom quartile).
  • Sharpe: 0.91 (lower mid).
  • Information ratio: 0.00 (bottom quartile).

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 (11 Aug 25) ₹26.7423 ↑ 0.01   (0.03 %)
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.

DateValue
31 Jul 20₹10,000
31 Jul 21₹10,403
31 Jul 22₹10,724
31 Jul 23₹11,398
31 Jul 24₹12,279
31 Jul 25₹13,131

Aditya Birla Sun Life Arbitrage Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual 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 11 Aug 25

DurationReturns
1 Month 0.5%
3 Month 1.4%
6 Month 3.3%
1 Year 6.8%
3 Year 7%
5 Year 5.6%
10 Year
15 Year
Since launch 6.3%
Historical performance (Yearly) on absolute basis
YearReturns
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
NameSinceTenure
Lovelish Solanki15 Dec 1410.63 Yr.
Mohit Sharma3 Mar 250.41 Yr.

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

Asset Allocation
Asset ClassValue
Cash89.07%
Debt11.18%
Other0.05%
Equity Sector Allocation
SectorValue
Financial Services20.99%
Basic Materials7.58%
Energy7.52%
Industrials6.77%
Consumer Cyclical5.9%
Technology4.53%
Consumer Defensive4.5%
Health Care3.92%
Utility3.81%
Communication Services3.44%
Real Estate0.94%
Debt Sector Allocation
SectorValue
Cash Equivalent78.57%
Corporate17.73%
Government3.95%
Credit Quality
RatingValue
AA7.43%
AAA92.57%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Aditya BSL Money Mgr Dir Gr
Investment Fund | -
11%₹2,286 Cr60,833,961
↑ 8,020,574
Aditya BSL FRF Dir Gr
Investment Fund | -
6%₹1,331 Cr37,135,768
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 18 | RELIANCE
4%₹792 Cr5,276,500
↑ 47,500
Future on HDFC Bank Ltd
Derivatives | -
3%-₹637 Cr3,148,850
↑ 3,148,850
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 21 | HDFCBANK
3%₹627 Cr3,134,450
↑ 649,550
Reliance_(31/07/2025)
Derivatives | -
3%-₹548 Cr3,630,500
↑ 2,715,000
Future on ICICI Bank Ltd
Derivatives | -
3%-₹545 Cr3,756,900
↑ 3,756,900
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 24 | 532174
3%₹543 Cr3,756,900
↑ 58,800
Future on Axis Bank Ltd
Derivatives | -
2%-₹364 Cr3,021,875
↑ 3,021,875
Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 23 | 532215
2%₹362 Cr3,021,875
↑ 153,125

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.
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