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Table of Contents
- Best Performing Arbitrage Funds in FY 24 - 25 Based on Performance
- Top 10 Performing Arbitrage Funds in FY 24 - 25
Top 10 Hybrid - Arbitrage Funds
Top 10 Best Performing Arbitrage Funds for the year FY 24 - 25
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
Fund NAV Net Assets (Cr) 2024 (%) 2023 (%) 2022 (%) 2021 (%) 2020 (%) Kotak Equity Arbitrage Fund Growth ₹37.1698
↓ -0.02 ₹60,373 7.8 7.4 4.5 4 4.3 UTI Arbitrage Fund Growth ₹34.7533
↓ -0.01 ₹6,614 7.7 7.2 4 3.9 4.4 Edelweiss Arbitrage Fund Growth ₹19.2232
↓ 0.00 ₹14,003 7.7 7.1 4.4 3.8 4.5 HDFC Arbitrage Fund Growth ₹30.389
↓ -0.02 ₹18,350 7.7 7.2 4.2 3.6 3.7 Invesco India Arbitrage Fund Growth ₹31.6415
↓ -0.01 ₹19,675 7.6 7.4 5.1 3.5 4.3 ICICI Prudential Equity Arbitrage Fund Growth ₹34.023
↓ -0.01 ₹25,727 7.6 7.1 4.2 3.9 4.3 Axis Arbitrage Fund Growth ₹18.5461
↓ 0.00 ₹5,746 7.6 6.9 4.2 3.8 4.1 SBI Arbitrage Opportunities Fund Growth ₹33.5192
↓ -0.01 ₹30,592 7.5 7.4 4.6 4 3.5 IDFC Arbitrage Fund Growth ₹32.1959
↓ -0.01 ₹7,955 7.5 7.1 4.1 3.5 3.8 Aditya Birla Sun Life Arbitrage Fund Growth ₹26.3492
↓ -0.01 ₹14,236 7.5 7.1 4.1 3.8 4.1 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 16 May 25
Top 10 Performing Arbitrage Funds in FY 24 - 25
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 Below is the key information for Kotak Equity Arbitrage Fund Returns up to 1 year are on (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 Below is the key information for UTI Arbitrage Fund Returns up to 1 year are on 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 Below is the key information for Edelweiss Arbitrage Fund Returns up to 1 year are on "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 Below is the key information for HDFC Arbitrage Fund Returns up to 1 year are on 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 Below is the key information for Invesco India Arbitrage Fund Returns up to 1 year are on 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 Below is the key information for ICICI Prudential Equity Arbitrage Fund Returns up to 1 year are on (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. Axis Arbitrage Fund is a Hybrid - Arbitrage fund was launched on 14 Aug 14. It is a fund with Moderate risk and has given a Below is the key information for Axis Arbitrage Fund Returns up to 1 year are on 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 Below is the key information for SBI Arbitrage Opportunities Fund Returns up to 1 year are on 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 Below is the key information for IDFC Arbitrage Fund Returns up to 1 year are on (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 Below is the key information for Aditya Birla Sun Life Arbitrage Fund Returns up to 1 year are on 1. Kotak Equity Arbitrage Fund
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% . Kotak Equity Arbitrage Fund
Growth Launch Date 29 Sep 05 NAV (16 May 25) ₹37.1698 ↓ -0.02 (-0.04 %) Net Assets (Cr) ₹60,373 on 31 Mar 25 Category Hybrid - Arbitrage AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆☆ Risk Moderately Low Expense Ratio 0.96 Sharpe Ratio 1.98 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 Apr 20 ₹10,000 30 Apr 21 ₹10,353 30 Apr 22 ₹10,768 30 Apr 23 ₹11,358 30 Apr 24 ₹12,262 30 Apr 25 ₹13,176 Returns for Kotak Equity Arbitrage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 May 25 Duration Returns 1 Month 0.4% 3 Month 1.7% 6 Month 3.4% 1 Year 7.2% 3 Year 6.9% 5 Year 5.7% 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 5.58 Yr. Data below for Kotak Equity Arbitrage Fund as on 31 Mar 25
Asset Allocation
Asset Class Value Cash 94.03% Debt 6.23% Other 0.05% Equity Sector Allocation
Sector Value Financial Services 18.21% Energy 8.45% Basic Materials 7.55% Consumer Cyclical 6.16% Technology 5.89% Consumer Defensive 5.63% Industrials 4.73% Health Care 3.32% Utility 3.26% Communication Services 2.58% Real Estate 0.59% Debt Sector Allocation
Sector Value Cash Equivalent 81.37% Corporate 14.27% Government 4.62% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity Kotak Money Market Dir Gr
Investment Fund | -10% ₹6,002 Cr 13,502,657
↓ -567,091 Kotak Liquid Dir Gr
Investment Fund | -5% ₹2,856 Cr 5,451,848
↓ -8,518,620 RELIANCE INDUSTRIES LTD.-APR2025
Derivatives | -4% -₹2,711 Cr 21,155,000
↑ 21,155,000 Reliance Industries Ltd (Energy)
Equity, Since 31 May 18 | RELIANCE4% ₹2,697 Cr 21,155,000
↓ -2,708,500 ICICI Bank Ltd.-APR2025
Derivatives | -4% -₹2,152 Cr 15,875,300
↑ 15,875,300 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 19 | ICICIBANK4% ₹2,141 Cr 15,875,300
↓ -9,205,000 Kotak Savings Fund Dir Gr
Investment Fund | -3% ₹1,979 Cr 449,226,479
↓ -261,769,341 HDFC Bank Ltd.-APR2025
Derivatives | -2% -₹1,388 Cr 7,559,750
↑ 7,559,750 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 22 | HDFCBANK2% ₹1,382 Cr 7,559,750
↓ -1,247,400 Infosys Ltd.-APR2025
Derivatives | -2% -₹1,077 Cr 6,824,800
↑ 6,824,800 2. UTI Arbitrage Fund
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% . UTI Arbitrage Fund
Growth Launch Date 22 Jun 06 NAV (16 May 25) ₹34.7533 ↓ -0.01 (-0.03 %) Net Assets (Cr) ₹6,614 on 31 Mar 25 Category Hybrid - Arbitrage AMC UTI Asset Management Company Ltd Rating ☆☆☆ Risk Moderately Low Expense Ratio 0.85 Sharpe Ratio 2.08 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 Apr 20 ₹10,000 30 Apr 21 ₹10,355 30 Apr 22 ₹10,742 30 Apr 23 ₹11,295 30 Apr 24 ₹12,167 30 Apr 25 ₹13,073 Returns for UTI Arbitrage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 May 25 Duration Returns 1 Month 0.4% 3 Month 1.7% 6 Month 3.5% 1 Year 7.3% 3 Year 6.8% 5 Year 5.5% 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 6.83 Yr. Sharwan Kumar Goyal 1 Jan 21 4.33 Yr. Data below for UTI Arbitrage Fund as on 31 Mar 25
Asset Allocation
Asset Class Value Cash 98.51% Debt 1.65% Other 0.03% Equity Sector Allocation
Sector Value Financial Services 21.72% Basic Materials 7.72% Consumer Cyclical 7.03% Technology 5.56% Energy 5.19% Industrials 4.17% Health Care 3.77% Consumer Defensive 2.99% Communication Services 2.47% Utility 1.86% Real Estate 1.23% Debt Sector Allocation
Sector Value Cash Equivalent 74.04% Corporate 20.56% Government 5.57% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity UTI Money Market Dir Gr
Investment Fund | -15% ₹1,004 Cr 3,250,830
↑ 244,237 Future on ICICI Bank Ltd
Derivatives | -4% -₹307 Cr 2,138,500
↑ 116,900 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Sep 24 | ICICIBANK4% ₹305 Cr 2,138,500
↑ 116,900 Future on Reliance Industries Ltd
Derivatives | -4% -₹290 Cr 2,058,500
↓ -550,500 Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 23 | RELIANCE4% ₹289 Cr 2,058,500
↓ -550,500 Future on HDFC Bank Ltd
Derivatives | -4% -₹250 Cr 1,292,500
↑ 410,300 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 22 | HDFCBANK4% ₹249 Cr 1,292,500
↑ 410,300 Future on Bank of Baroda
Derivatives | -2% -₹161 Cr 6,435,000
↓ -207,675 Bank of Baroda (Financial Services)
Equity, Since 31 May 23 | 5321342% ₹161 Cr 6,435,000
↓ -207,675 Future on Infosys Ltd
Derivatives | -2% -₹160 Cr 1,063,200
↑ 401,600 3. Edelweiss Arbitrage Fund
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% . Edelweiss Arbitrage Fund
Growth Launch Date 27 Jun 14 NAV (16 May 25) ₹19.2232 ↓ 0.00 (-0.02 %) Net Assets (Cr) ₹14,003 on 31 Mar 25 Category Hybrid - Arbitrage AMC Edelweiss Asset Management Limited Rating ☆☆☆☆☆ Risk Moderately Low Expense Ratio 1.08 Sharpe Ratio 1.56 Information Ratio -0.77 Alpha Ratio 0.21 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 Apr 20 ₹10,000 30 Apr 21 ₹10,326 30 Apr 22 ₹10,734 30 Apr 23 ₹11,302 30 Apr 24 ₹12,175 30 Apr 25 ₹13,065 Returns for Edelweiss Arbitrage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 May 25 Duration Returns 1 Month 0.4% 3 Month 1.6% 6 Month 3.3% 1 Year 7.1% 3 Year 6.8% 5 Year 5.5% 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 10.85 Yr. Rahul Dedhia 1 Aug 24 0.75 Yr. Amit Vora 6 Nov 24 0.48 Yr. Pranavi Kulkarni 1 Jul 24 0.83 Yr. Data below for Edelweiss Arbitrage Fund as on 31 Mar 25
Asset Allocation
Asset Class Value Cash 95.96% Debt 3.57% Other 0.74% Equity Sector Allocation
Sector Value Financial Services 16.45% Energy 9.53% Basic Materials 8.75% Consumer Cyclical 6.09% Consumer Defensive 5.47% Technology 5.16% Industrials 4.92% Utility 3.63% Health Care 3.23% Communication Services 2.79% Real Estate 0.44% Debt Sector Allocation
Sector Value Cash Equivalent 85.63% Corporate 8.19% Government 5.71% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity Edelweiss Liquid Dir Gr
Investment Fund | -7% ₹993 Cr 2,964,422 Future on Reliance Industries Ltd
Derivatives | -6% -₹815 Cr 6,357,500
↑ 1,373,500 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 18 | RELIANCE6% ₹811 Cr 6,357,500
↑ 1,373,500 Future on HDFC Bank Ltd
Derivatives | -2% -₹342 Cr 1,865,600
↑ 723,250 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 21 | HDFCBANK2% ₹341 Cr 1,865,600
↑ 723,250 Edelweiss Money Market Dir Gr
Investment Fund | -2% ₹310 Cr 100,824,026 Future on Vedanta Ltd
Derivatives | -2% -₹281 Cr 6,047,850
↑ 454,250 Vedanta Ltd (Basic Materials)
Equity, Since 31 Aug 23 | 5002952% ₹280 Cr 6,047,850
↑ 454,250 Future on JSW Steel Ltd
Derivatives | -2% -₹217 Cr 2,035,125
↓ -223,425 JSW Steel Ltd (Basic Materials)
Equity, Since 31 Dec 24 | JSWSTEEL2% ₹216 Cr 2,035,125
↓ -223,425 4. HDFC Arbitrage Fund
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% . HDFC Arbitrage Fund
Growth Launch Date 23 Oct 07 NAV (16 May 25) ₹30.389 ↓ -0.02 (-0.05 %) Net Assets (Cr) ₹18,350 on 31 Mar 25 Category Hybrid - Arbitrage AMC HDFC Asset Management Company Limited Rating ☆☆☆ Risk Moderately Low Expense Ratio 0.86 Sharpe Ratio 1.73 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 Apr 20 ₹10,000 30 Apr 21 ₹10,319 30 Apr 22 ₹10,685 30 Apr 23 ₹11,256 30 Apr 24 ₹12,118 30 Apr 25 ₹13,007 Returns for HDFC Arbitrage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 May 25 Duration Returns 1 Month 0.3% 3 Month 1.6% 6 Month 3.3% 1 Year 7.1% 3 Year 6.8% 5 Year 5.4% 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 3.25 Yr. Arun Agarwal 24 Aug 20 4.69 Yr. Dhruv Muchhal 22 Jun 23 1.86 Yr. Nandita Menezes 29 Mar 25 0.09 Yr. Data below for HDFC Arbitrage Fund as on 31 Mar 25
Asset Allocation
Asset Class Value Cash 96.52% Debt 3.76% Other 0.04% Equity Sector Allocation
Sector Value Financial Services 24.03% Energy 8.98% Basic Materials 8.54% Consumer Cyclical 8.41% Technology 6.26% Industrials 3.49% Consumer Defensive 3.25% Health Care 3.04% Utility 2.47% Communication Services 2.21% Real Estate 1.68% Debt Sector Allocation
Sector Value Cash Equivalent 87.08% Corporate 10.01% Government 3.18% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Money Market Dir Gr
Investment Fund | -13% ₹2,305 Cr 4,031,366 Future on Reliance Industries Ltd
Derivatives | -7% -₹1,228 Cr Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 21 | RELIANCE7% ₹1,220 Cr 9,570,500
↓ -1,444,500 Future on ICICI Bank Ltd
Derivatives | -6% -₹1,158 Cr ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 24 | ICICIBANK6% ₹1,151 Cr 8,538,600
↑ 186,200 HDFC Liquid Dir Gr
Investment Fund | -5% ₹964 Cr 1,893,346 Future on Axis Bank Ltd
Derivatives | -5% -₹884 Cr Axis Bank Ltd (Financial Services)
Equity, Since 31 Jul 23 | 5322155% ₹882 Cr 8,001,875
↓ -1,160,625 Future on HDFC Bank Ltd
Derivatives | -3% -₹595 Cr HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 23 | HDFCBANK3% ₹592 Cr 3,240,600
↑ 597,850 5. Invesco India Arbitrage Fund
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% . Invesco India Arbitrage Fund
Growth Launch Date 30 Apr 07 NAV (16 May 25) ₹31.6415 ↓ -0.01 (-0.02 %) Net Assets (Cr) ₹19,675 on 31 Mar 25 Category Hybrid - Arbitrage AMC Invesco Asset Management (India) Private Ltd Rating ☆☆☆ Risk Moderately Low Expense Ratio 1.05 Sharpe Ratio 1.71 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 Apr 20 ₹10,000 30 Apr 21 ₹10,331 30 Apr 22 ₹10,742 30 Apr 23 ₹11,372 30 Apr 24 ₹12,249 30 Apr 25 ₹13,149 Returns for Invesco India Arbitrage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 May 25 Duration Returns 1 Month 0.4% 3 Month 1.6% 6 Month 3.3% 1 Year 7.1% 3 Year 6.9% 5 Year 5.6% 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 3.47 Yr. Kuber Mannadi 1 Sep 22 2.66 Yr. Data below for Invesco India Arbitrage Fund as on 31 Mar 25
Asset Allocation
Asset Class Value Cash 97.4% Debt 2.85% Other 0.05% Equity Sector Allocation
Sector Value Financial Services 22.68% Energy 8.18% Technology 6.4% Industrials 6.14% Basic Materials 5.87% Consumer Defensive 5.83% Consumer Cyclical 5.63% Utility 3.62% Health Care 3.45% Communication Services 2.35% Real Estate 1.07% Debt Sector Allocation
Sector Value Cash Equivalent 91.94% Corporate 6.37% Government 1.95% Credit Quality
Rating Value AA 19.37% AAA 80.63% Top Securities Holdings / Portfolio
Name Holding Value Quantity Invesco India Liquid Dir Gr
Investment Fund | -15% ₹2,868 Cr 8,056,670
↓ -4,639 Invesco India Money Market Dir Gr
Investment Fund | -6% ₹1,143 Cr 3,698,366 Future on ICICI Bank Ltd
Derivatives | -5% -₹917 Cr 6,766,900
↑ 6,766,900 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 24 | ICICIBANK5% ₹912 Cr 6,766,900
↑ 935,900 Future on Reliance Industries Ltd
Derivatives | -3% -₹570 Cr 4,444,500
↓ -1,565,500 Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 22 | RELIANCE3% ₹567 Cr 4,444,500
↓ -1,565,500 Hdfc Bank Limited April 2025 Future
Derivatives | -2% -₹487 Cr 2,652,100
↑ 2,652,100 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 23 | HDFCBANK2% ₹485 Cr 2,652,100
↑ 14,300 Future on Tata Consultancy Services Ltd
Derivatives | -2% -₹404 Cr 1,115,100
↑ 219,800 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jan 25 | TCS2% ₹402 Cr 1,115,100
↑ 219,800 6. ICICI Prudential Equity Arbitrage Fund
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% . ICICI Prudential Equity Arbitrage Fund
Growth Launch Date 30 Dec 06 NAV (16 May 25) ₹34.023 ↓ -0.01 (-0.04 %) Net Assets (Cr) ₹25,727 on 31 Mar 25 Category Hybrid - Arbitrage AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆☆ Risk Moderate Expense Ratio 0.97 Sharpe Ratio 1.55 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 Apr 20 ₹10,000 30 Apr 21 ₹10,339 30 Apr 22 ₹10,729 30 Apr 23 ₹11,299 30 Apr 24 ₹12,159 30 Apr 25 ₹13,055 Returns for ICICI Prudential Equity Arbitrage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 May 25 Duration Returns 1 Month 0.3% 3 Month 1.7% 6 Month 3.4% 1 Year 7.2% 3 Year 6.7% 5 Year 5.5% 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 4.34 Yr. Sharmila D’mello 31 Jul 22 2.75 Yr. Darshil Dedhia 13 Sep 24 0.63 Yr. Ajaykumar Solanki 23 Aug 24 0.69 Yr. Archana Nair 1 Feb 24 1.24 Yr. Data below for ICICI Prudential Equity Arbitrage Fund as on 31 Mar 25
Asset Allocation
Asset Class Value Cash 92.44% Debt 7.82% Other 0.05% Equity Sector Allocation
Sector Value Financial Services 16.83% Energy 9.06% Consumer Cyclical 8.33% Basic Materials 7.42% Technology 6.61% Industrials 5.47% Communication Services 4.8% Health Care 3.71% Consumer Defensive 3.71% Utility 2.82% Real Estate 1.62% Debt Sector Allocation
Sector Value Cash Equivalent 78.1% Corporate 16.23% Government 5.93% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Pru Money Market Dir Gr
Investment Fund | -12% ₹3,016 Cr 80,068,582
↑ 5,346,519 ICICI Pru Savings Dir Gr
Investment Fund | -7% ₹1,749 Cr 32,418,220
↑ 3,717,257 Future on Reliance Industries Ltd
Derivatives | -6% -₹1,542 Cr 12,034,000
↑ 1,642,500 Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 18 | RELIANCE6% ₹1,534 Cr 12,034,000
↑ 1,642,500 Future on HDFC Bank Ltd
Derivatives | -4% -₹942 Cr 5,129,300
↓ -15,950 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 21 | HDFCBANK4% ₹938 Cr 5,129,300
↓ -15,950 Future on Bharti Airtel Ltd
Derivatives | -3% -₹811 Cr 4,651,675
↑ 238,450 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Dec 23 | BHARTIARTL3% ₹806 Cr 4,651,675
↑ 238,450 Future on Infosys Ltd
Derivatives | -2% -₹573 Cr 3,633,600
↑ 767,200 Infosys Ltd (Technology)
Equity, Since 31 Oct 22 | INFY2% ₹571 Cr 3,633,600
↑ 767,200 7. Axis Arbitrage Fund
CAGR/Annualized return of 5.9% since its launch. Ranked 12 in Arbitrage category. Return for 2024 was 7.6% , 2023 was 6.9% and 2022 was 4.2% . Axis Arbitrage Fund
Growth Launch Date 14 Aug 14 NAV (16 May 25) ₹18.5461 ↓ 0.00 (-0.01 %) Net Assets (Cr) ₹5,746 on 31 Mar 25 Category Hybrid - Arbitrage AMC Axis Asset Management Company Limited Rating ☆☆ Risk Moderate Expense Ratio 0.96 Sharpe Ratio 1.14 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.
Date Value 30 Apr 20 ₹10,000 30 Apr 21 ₹10,313 30 Apr 22 ₹10,733 30 Apr 23 ₹11,266 30 Apr 24 ₹12,113 30 Apr 25 ₹12,988 Returns for Axis Arbitrage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 May 25 Duration Returns 1 Month 0.4% 3 Month 1.7% 6 Month 3.3% 1 Year 7% 3 Year 6.6% 5 Year 5.3% 10 Year 15 Year Since launch 5.9% Historical performance (Yearly) on absolute basis
Year Returns 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
Name Since Tenure Devang Shah 14 Aug 14 10.72 Yr. Sachin Jain 9 Nov 21 3.48 Yr. Karthik Kumar 3 Jul 23 1.83 Yr. Data below for Axis Arbitrage Fund as on 31 Mar 25
Asset Allocation
Asset Class Value Cash 89.01% Debt 11.16% Other 0.02% Equity Sector Allocation
Sector Value Financial Services 25.33% Technology 8% Basic Materials 7.16% Consumer Cyclical 5.95% Industrials 3.79% Communication Services 3.74% Energy 3.42% Consumer Defensive 2.72% Health Care 2.34% Utility 2.25% Real Estate 1.73% Debt Sector Allocation
Sector Value Cash Equivalent 74.44% Corporate 19.85% Government 5.88% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity Axis Money Market Dir Gr
Investment Fund | -9% ₹555 Cr 3,886,851
↑ 525,646 Hdfc Bank Limited May 2025 Future
Derivatives | -4% -₹252 Cr 1,301,850
↑ 1,301,850 HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 23 | HDFCBANK4% ₹251 Cr 1,301,850
↑ 259,050 Future on ICICI Bank Ltd
Derivatives | -4% -₹226 Cr 1,576,400
↑ 51,100 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 24 | ICICIBANK4% ₹225 Cr 1,576,400
↑ 51,100 Future on Reliance Industries Ltd
Derivatives | -3% -₹202 Cr 1,434,500
↓ -308,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 20 | RELIANCE3% ₹202 Cr 1,434,500
↓ -308,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jan 25 | TCS3% ₹191 Cr 554,050
↓ -22,050 Future on Tata Consultancy Services Ltd
Derivatives | -3% -₹191 Cr 554,050
↓ -22,050 Infosys Ltd (Technology)
Equity, Since 31 Jul 24 | INFY3% ₹182 Cr 1,216,000
↑ 311,200 8. SBI Arbitrage Opportunities Fund
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% . SBI Arbitrage Opportunities Fund
Growth Launch Date 3 Nov 06 NAV (16 May 25) ₹33.5192 ↓ -0.01 (-0.03 %) Net Assets (Cr) ₹30,592 on 31 Mar 25 Category Hybrid - Arbitrage AMC SBI Funds Management Private Limited Rating ☆☆ Risk Moderately Low Expense Ratio 0.94 Sharpe Ratio 1.31 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 Apr 20 ₹10,000 30 Apr 21 ₹10,266 30 Apr 22 ₹10,694 30 Apr 23 ₹11,294 30 Apr 24 ₹12,176 30 Apr 25 ₹13,063 Returns for SBI Arbitrage Opportunities Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 May 25 Duration Returns 1 Month 0.4% 3 Month 1.7% 6 Month 3.4% 1 Year 7.1% 3 Year 6.9% 5 Year 5.5% 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 12.58 Yr. Ardhendu Bhattacharya 27 Dec 24 0.34 Yr. Data below for SBI Arbitrage Opportunities Fund as on 31 Mar 25
Asset Allocation
Asset Class Value Cash 85.55% Debt 14.6% Other 0.04% Equity Sector Allocation
Sector Value Financial Services 24.75% Industrials 6.04% Consumer Cyclical 6.02% Basic Materials 5.93% Technology 5.38% Consumer Defensive 4.76% Energy 4.46% Health Care 3.07% Utility 2.96% Communication Services 2.02% Real Estate 1.2% Debt Sector Allocation
Sector Value Cash Equivalent 76.78% Corporate 16.54% Government 6.83% Credit Quality
Rating Value AA 11.27% AAA 88.73% Top Securities Holdings / Portfolio
Name Holding Value Quantity SBI Savings Dir Gr
Investment Fund | -10% ₹3,196 Cr 726,722,883 Future on HDFC Bank Ltd
Derivatives | -4% -₹1,406 Cr 7,268,250
↑ 2,649,900 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 22 | HDFCBANK4% ₹1,399 Cr 7,268,250
↑ 2,649,900 Future on ICICI Bank Ltd
Derivatives | -4% -₹1,154 Cr 8,054,200
↑ 1,714,300 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 21 | ICICIBANK4% ₹1,149 Cr 8,054,200
↑ 1,714,300 SBI Magnum Low Duration Dir Gr
Investment Fund | -3% ₹1,043 Cr 2,904,125 Future on Axis Bank Ltd
Derivatives | -3% -₹1,006 Cr 8,448,125
↓ -470,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Jul 18 | 5322153% ₹1,002 Cr 8,455,000
↓ -463,125 National Bank For Agriculture And Rural Development
Debentures | -3% ₹897 Cr 9,000 State Bank of India (Financial Services)
Equity, Since 31 May 23 | SBIN2% ₹779 Cr 9,876,750
↑ 1,361,250 9. IDFC Arbitrage Fund
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% . IDFC Arbitrage Fund
Growth Launch Date 21 Dec 06 NAV (16 May 25) ₹32.1959 ↓ -0.01 (-0.03 %) Net Assets (Cr) ₹7,955 on 31 Mar 25 Category Hybrid - Arbitrage AMC IDFC Asset Management Company Limited Rating ☆ Risk Moderately Low Expense Ratio 1.06 Sharpe Ratio 1.45 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 Apr 20 ₹10,000 30 Apr 21 ₹10,318 30 Apr 22 ₹10,684 30 Apr 23 ₹11,247 30 Apr 24 ₹12,094 30 Apr 25 ₹12,978 Returns for IDFC Arbitrage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 May 25 Duration Returns 1 Month 0.4% 3 Month 1.7% 6 Month 3.3% 1 Year 7.1% 3 Year 6.7% 5 Year 5.3% 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 8.53 Yr. Brijesh Shah 10 Jun 24 0.89 Yr. Ritika Behera 7 Oct 23 1.57 Yr. Gaurav Satra 7 Jun 24 0.9 Yr. Abhishek Jain 8 Mar 25 0.15 Yr. Data below for IDFC Arbitrage Fund as on 31 Mar 25
Asset Allocation
Asset Class Value Cash 86.68% Debt 12.9% Other 0.69% Equity Sector Allocation
Sector Value Financial Services 16.41% Basic Materials 8.12% Energy 7.09% Consumer Cyclical 6.9% Industrials 5.63% Technology 5.22% Consumer Defensive 4.82% Utility 4.37% Health Care 3.4% Communication Services 1.65% Real Estate 0.77% Debt Sector Allocation
Sector Value Cash Equivalent 74.11% Corporate 17.48% Government 8% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity Bandhan Money Manager Dir Gr
Investment Fund | -12% ₹992 Cr 231,688,763 Bandhan Low Duration Dir Gr
Investment Fund | -8% ₹636 Cr 164,356,884
↑ 25,870,656 Future on Reliance Industries Ltd
Derivatives | -4% -₹349 Cr 2,720,000
↓ -244,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 18 | RELIANCE4% ₹347 Cr 2,720,000
↓ -244,000 Hdfc Bank Limited April 2025 Future
Derivatives | -3% -₹232 Cr 1,261,700
↑ 894,300 Bandhan Bond S/T Dir Gr
Investment Fund | -3% ₹231 Cr 38,650,443 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 22 | HDFCBANK3% ₹231 Cr 1,261,700
↑ 326,150 Future on Tata Consultancy Services Ltd
Derivatives | -2% -₹162 Cr 448,175
↑ 78,575 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Oct 20 | TCS2% ₹162 Cr 448,175
↑ 78,575 Power Finance Corporation Limited April 2025 Future
Derivatives | -1% -₹112 Cr 2,676,700
↑ 2,635,100 10. Aditya Birla Sun Life Arbitrage Fund
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% . Aditya Birla Sun Life Arbitrage Fund
Growth Launch Date 24 Jul 09 NAV (16 May 25) ₹26.3492 ↓ -0.01 (-0.02 %) Net Assets (Cr) ₹14,236 on 31 Mar 25 Category Hybrid - Arbitrage AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆ Risk Moderate Expense Ratio 1.01 Sharpe Ratio 1.12 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 Apr 20 ₹10,000 30 Apr 21 ₹10,341 30 Apr 22 ₹10,726 30 Apr 23 ₹11,277 30 Apr 24 ₹12,135 30 Apr 25 ₹13,019 Returns for Aditya Birla Sun Life Arbitrage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 May 25 Duration Returns 1 Month 0.4% 3 Month 1.7% 6 Month 3.4% 1 Year 7.1% 3 Year 6.7% 5 Year 5.4% 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 10.38 Yr. Mohit Sharma 3 Mar 25 0.16 Yr. Data below for Aditya Birla Sun Life Arbitrage Fund as on 31 Mar 25
Asset Allocation
Asset Class Value Cash 20.76% Equity 64.86% Debt 14.32% Other 0.05% Equity Sector Allocation
Sector Value Financial Services 17.08% Basic Materials 8.47% Energy 7.78% Consumer Cyclical 6.72% Industrials 6.3% Technology 5.03% Communication Services 3.28% Consumer Defensive 3.17% Utility 3.08% Health Care 2.66% Real Estate 1.29% Debt Sector Allocation
Sector Value Corporate 18.11% Cash Equivalent 11.57% Government 5.4% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity Aditya BSL Money Mgr Dir Gr
Investment Fund | -12% ₹1,646 Cr 44,758,197
↓ -4,000,000 Aditya BSL FRF Dir Gr
Investment Fund | -9% ₹1,299 Cr 37,135,768 Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 18 | RELIANCE4% ₹626 Cr 4,907,500
↓ -226,500 ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 24 | ICICIBANK3% ₹364 Cr 2,702,700
↓ -711,200 Vedanta Ltd (Basic Materials)
Equity, Since 31 Aug 23 | 5002953% ₹363 Cr 7,844,150
↓ -529,000 Infosys Ltd (Technology)
Equity, Since 31 Oct 23 | INFY2% ₹303 Cr 1,930,800
↓ -240,400 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 21 | HDFCBANK2% ₹285 Cr 1,556,500
↑ 29,700 Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 23 | 5322152% ₹245 Cr 2,226,875
↓ -732,500 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Mar 24 | M&M2% ₹214 Cr 802,025
↓ -85,575 HDFC Bank Ltd.
Debentures | -1% ₹187 Cr 4,000
↑ 4,000
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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