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वित्त वर्ष 21-22 के लिए शीर्ष 10 सर्वश्रेष्ठ प्रदर्शन करने वाले आर्बिट्रेज फंड

Updated on July 6, 2026 , 1233 views

आर्बिट्रेज रणनीति विभिन्न बाजारों में मूल्य अंतर का लाभ उठाती है और पैसा कमाती है। इन योजनाओं के कारण कीमतों में अंतर का लाभ उठाकर रिटर्न मिलता हैमंडी विभिन्न बाजारों में अक्षमता। इन फंडों की रिटर्न उत्पन्न करने की क्षमता बाजार में निवेशित परिसंपत्ति की अस्थिरता पर निर्भर करती है। आर्बिट्राज फंड के कुछ फायदों में कम जोखिम, रिटर्न और अनुकूल कराधान शामिल हैं। एक का हिस्सा होने के नातेइक्विटी फंड, यदि निवेश एक वर्ष से अधिक के लिए आयोजित किया जाता है, तो यह लंबी अवधि को आकर्षित करता हैपूंजी लाभ जिस पर कोई टैक्स नहीं है। साल 2021 में आर्बिट्राज फंड्स का प्रदर्शन निशाने पर रहा। कई योजनाओं ने 2021 में सकारात्मक रिटर्न दिया है। तो, आइए 2021 के शीर्ष और सर्वश्रेष्ठ प्रदर्शन करने वाले आर्बिट्राज फंडों पर एक नजर डालते हैं।आधार प्रदर्शन का यानी रिटर्न।

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वित्तीय वर्ष 21 - 22 में प्रदर्शन के आधार पर सर्वश्रेष्ठ प्रदर्शन करने वाले आर्बिट्राज फंड

FundNAVNet Assets (Cr)2025 (%)2024 (%)2023 (%)2022 (%)2021 (%)
UTI Arbitrage Fund Growth ₹37.2027
↓ 0.00
₹10,9916.57.77.243.9
SBI Arbitrage Opportunities Fund Growth ₹35.8971
↓ 0.00
₹43,2666.57.57.44.64
Invesco India Arbitrage Fund Growth ₹33.8889
↑ 0.00
₹28,0626.57.67.45.13.5
ICICI Prudential Equity Arbitrage Fund Growth ₹36.4178
↑ 0.00
₹32,2606.57.67.14.23.9
Aditya Birla Sun Life Arbitrage Fund Growth ₹28.1811
↓ 0.00
₹26,2806.47.57.14.13.8
Kotak Equity Arbitrage Fund Growth ₹39.789
↓ 0.00
₹72,0796.47.87.44.54
Edelweiss Arbitrage Fund Growth ₹20.5609
↓ 0.00
₹14,8626.37.77.14.43.8
HDFC Arbitrage Fund Growth ₹32.527
↓ 0.00
₹25,0856.37.77.24.23.6
Axis Arbitrage Fund  Growth ₹19.8255
↓ 0.00
₹9,7816.37.66.94.23.8
Bandhan Arbitrage Fund Growth ₹34.3336
↓ 0.00
₹8,1896.27.57.14.13.5
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 8 Jul 26

Research Highlights & Commentary of 10 Funds showcased

CommentaryUTI Arbitrage FundSBI Arbitrage Opportunities FundInvesco India Arbitrage FundICICI Prudential Equity Arbitrage FundAditya Birla Sun Life Arbitrage FundKotak Equity Arbitrage FundEdelweiss Arbitrage FundHDFC Arbitrage FundAxis Arbitrage Fund Bandhan Arbitrage Fund
Point 1Bottom quartile AUM (₹10,991 Cr).Top quartile AUM (₹43,266 Cr).Upper mid AUM (₹28,062 Cr).Upper mid AUM (₹32,260 Cr).Upper mid AUM (₹26,280 Cr).Highest AUM (₹72,079 Cr).Lower mid AUM (₹14,862 Cr).Lower mid AUM (₹25,085 Cr).Bottom quartile AUM (₹9,781 Cr).Bottom quartile AUM (₹8,189 Cr).
Point 2Oldest track record among peers (20 yrs).Established history (19+ yrs).Established history (19+ yrs).Established history (19+ yrs).Established history (16+ yrs).Established history (20+ yrs).Established history (12+ yrs).Established history (18+ yrs).Established history (11+ yrs).Established history (19+ yrs).
Point 3Rating: 3★ (upper mid).Rating: 2★ (bottom quartile).Rating: 3★ (upper mid).Rating: 4★ (top quartile).Rating: 3★ (lower mid).Rating: 4★ (upper mid).Top rated.Rating: 3★ (lower mid).Rating: 2★ (bottom quartile).Rating: 1★ (bottom quartile).
Point 4Risk 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: Moderately Low.Risk profile: Moderate.Risk profile: Moderately Low.
Point 55Y return: 6.03% (lower mid).5Y return: 6.23% (top quartile).5Y return: 6.24% (top quartile).5Y return: 6.04% (upper mid).5Y return: 5.96% (bottom quartile).5Y return: 6.21% (upper mid).5Y return: 6.07% (upper mid).5Y return: 6.01% (lower mid).5Y return: 5.99% (bottom quartile).5Y return: 5.89% (bottom quartile).
Point 63Y return: 6.98% (top quartile).3Y return: 6.92% (upper mid).3Y return: 6.96% (upper mid).3Y return: 6.92% (upper mid).3Y return: 6.87% (bottom quartile).3Y return: 7.04% (top quartile).3Y return: 6.90% (lower mid).3Y return: 6.92% (lower mid).3Y return: 6.81% (bottom quartile).3Y return: 6.73% (bottom quartile).
Point 71Y return: 6.02% (upper mid).1Y return: 6.03% (upper mid).1Y return: 6.10% (top quartile).1Y return: 6.02% (lower mid).1Y return: 5.96% (lower mid).1Y return: 6.05% (upper mid).1Y return: 5.95% (bottom quartile).1Y return: 6.07% (top quartile).1Y return: 5.93% (bottom quartile).1Y return: 5.69% (bottom quartile).
Point 81M return: 0.60% (upper mid).1M return: 0.58% (bottom quartile).1M return: 0.59% (bottom quartile).1M return: 0.60% (lower mid).1M return: 0.63% (top quartile).1M return: 0.61% (upper mid).1M return: 0.60% (upper mid).1M return: 0.62% (top quartile).1M return: 0.59% (lower mid).1M return: 0.57% (bottom quartile).
Point 9Alpha: 0.00 (top quartile).Alpha: 0.00 (top quartile).Alpha: 0.00 (upper mid).Alpha: 0.00 (upper mid).Alpha: 0.00 (upper mid).Alpha: 0.00 (lower mid).Alpha: -0.82 (bottom quartile).Alpha: 0.00 (lower mid).Alpha: 0.00 (bottom quartile).Alpha: 0.00 (bottom quartile).
Point 10Sharpe: -0.21 (upper mid).Sharpe: -0.06 (top quartile).Sharpe: -0.08 (top quartile).Sharpe: -0.30 (lower mid).Sharpe: -0.40 (bottom quartile).Sharpe: -0.28 (upper mid).Sharpe: -0.40 (lower mid).Sharpe: -0.24 (upper mid).Sharpe: -0.44 (bottom quartile).Sharpe: -0.91 (bottom quartile).

UTI Arbitrage Fund

  • Bottom quartile AUM (₹10,991 Cr).
  • Oldest track record among peers (20 yrs).
  • Rating: 3★ (upper mid).
  • Risk profile: Moderately Low.
  • 5Y return: 6.03% (lower mid).
  • 3Y return: 6.98% (top quartile).
  • 1Y return: 6.02% (upper mid).
  • 1M return: 0.60% (upper mid).
  • Alpha: 0.00 (top quartile).
  • Sharpe: -0.21 (upper mid).

SBI Arbitrage Opportunities Fund

  • Top quartile AUM (₹43,266 Cr).
  • Established history (19+ yrs).
  • Rating: 2★ (bottom quartile).
  • Risk profile: Moderately Low.
  • 5Y return: 6.23% (top quartile).
  • 3Y return: 6.92% (upper mid).
  • 1Y return: 6.03% (upper mid).
  • 1M return: 0.58% (bottom quartile).
  • Alpha: 0.00 (top quartile).
  • Sharpe: -0.06 (top quartile).

Invesco India Arbitrage Fund

  • Upper mid AUM (₹28,062 Cr).
  • Established history (19+ yrs).
  • Rating: 3★ (upper mid).
  • Risk profile: Moderately Low.
  • 5Y return: 6.24% (top quartile).
  • 3Y return: 6.96% (upper mid).
  • 1Y return: 6.10% (top quartile).
  • 1M return: 0.59% (bottom quartile).
  • Alpha: 0.00 (upper mid).
  • Sharpe: -0.08 (top quartile).

ICICI Prudential Equity Arbitrage Fund

  • Upper mid AUM (₹32,260 Cr).
  • Established history (19+ yrs).
  • Rating: 4★ (top quartile).
  • Risk profile: Moderate.
  • 5Y return: 6.04% (upper mid).
  • 3Y return: 6.92% (upper mid).
  • 1Y return: 6.02% (lower mid).
  • 1M return: 0.60% (lower mid).
  • Alpha: 0.00 (upper mid).
  • Sharpe: -0.30 (lower mid).

Aditya Birla Sun Life Arbitrage Fund

  • Upper mid AUM (₹26,280 Cr).
  • Established history (16+ yrs).
  • Rating: 3★ (lower mid).
  • Risk profile: Moderate.
  • 5Y return: 5.96% (bottom quartile).
  • 3Y return: 6.87% (bottom quartile).
  • 1Y return: 5.96% (lower mid).
  • 1M return: 0.63% (top quartile).
  • Alpha: 0.00 (upper mid).
  • Sharpe: -0.40 (bottom quartile).

Kotak Equity Arbitrage Fund

  • Highest AUM (₹72,079 Cr).
  • Established history (20+ yrs).
  • Rating: 4★ (upper mid).
  • Risk profile: Moderately Low.
  • 5Y return: 6.21% (upper mid).
  • 3Y return: 7.04% (top quartile).
  • 1Y return: 6.05% (upper mid).
  • 1M return: 0.61% (upper mid).
  • Alpha: 0.00 (lower mid).
  • Sharpe: -0.28 (upper mid).

Edelweiss Arbitrage Fund

  • Lower mid AUM (₹14,862 Cr).
  • Established history (12+ yrs).
  • Top rated.
  • Risk profile: Moderately Low.
  • 5Y return: 6.07% (upper mid).
  • 3Y return: 6.90% (lower mid).
  • 1Y return: 5.95% (bottom quartile).
  • 1M return: 0.60% (upper mid).
  • Alpha: -0.82 (bottom quartile).
  • Sharpe: -0.40 (lower mid).

HDFC Arbitrage Fund

  • Lower mid AUM (₹25,085 Cr).
  • Established history (18+ yrs).
  • Rating: 3★ (lower mid).
  • Risk profile: Moderately Low.
  • 5Y return: 6.01% (lower mid).
  • 3Y return: 6.92% (lower mid).
  • 1Y return: 6.07% (top quartile).
  • 1M return: 0.62% (top quartile).
  • Alpha: 0.00 (lower mid).
  • Sharpe: -0.24 (upper mid).

Axis Arbitrage Fund 

  • Bottom quartile AUM (₹9,781 Cr).
  • Established history (11+ yrs).
  • Rating: 2★ (bottom quartile).
  • Risk profile: Moderate.
  • 5Y return: 5.99% (bottom quartile).
  • 3Y return: 6.81% (bottom quartile).
  • 1Y return: 5.93% (bottom quartile).
  • 1M return: 0.59% (lower mid).
  • Alpha: 0.00 (bottom quartile).
  • Sharpe: -0.44 (bottom quartile).

Bandhan Arbitrage Fund

  • Bottom quartile AUM (₹8,189 Cr).
  • Established history (19+ yrs).
  • Rating: 1★ (bottom quartile).
  • Risk profile: Moderately Low.
  • 5Y return: 5.89% (bottom quartile).
  • 3Y return: 6.73% (bottom quartile).
  • 1Y return: 5.69% (bottom quartile).
  • 1M return: 0.57% (bottom quartile).
  • Alpha: 0.00 (bottom quartile).
  • Sharpe: -0.91 (bottom quartile).

वित्त वर्ष 21 - 22 . में शीर्ष 10 प्रदर्शन करने वाले आर्बिट्राज फंड

1. 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 (₹10,991 Cr).
  • Oldest track record among peers (20 yrs).
  • Rating: 3★ (upper mid).
  • Risk profile: Moderately Low.
  • 5Y return: 6.03% (lower mid).
  • 3Y return: 6.98% (top quartile).
  • 1Y return: 6.02% (upper mid).
  • 1M return: 0.60% (upper mid).
  • Alpha: 0.00 (top quartile).
  • Sharpe: -0.21 (upper mid).
  • Information ratio: 0.00 (top quartile).
  • Top sector: Financial Services.
  • Top bond sector: Cash Equivalent.
  • Conservative stance with elevated cash (~97%).
  • High-quality debt (AAA/AA ~100%).
  • Largest holding UTI Money Market Dir Gr (~15.1%).

Below is the key information for UTI Arbitrage Fund

UTI Arbitrage Fund
Growth
Launch Date 22 Jun 06
NAV (08 Jul 26) ₹37.2027 ↓ 0.00   (-0.01 %)
Net Assets (Cr) ₹10,991 on 31 May 26
Category Hybrid - Arbitrage
AMC UTI Asset Management Company Ltd
Rating
Risk Moderately Low
Expense Ratio 0.78
Sharpe Ratio -0.21
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
30 Jun 21₹10,000
30 Jun 22₹10,355
30 Jun 23₹10,942
30 Jun 24₹11,793
30 Jun 25₹12,638
30 Jun 26₹13,381

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 ₹357,992.
Net Profit of ₹57,992
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 8 Jul 26

DurationReturns
1 Month 0.6%
3 Month 1.5%
6 Month 3%
1 Year 6%
3 Year 7%
5 Year 6%
10 Year
15 Year
Since launch 6.8%
Historical performance (Yearly) on absolute basis
YearReturns
2025 6.5%
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%
Fund Manager information for UTI Arbitrage Fund
NameSinceTenure
Amit Sharma2 Jul 188 Yr.
Sharwan Kumar Goyal1 Jan 215.5 Yr.

Data below for UTI Arbitrage Fund as on 31 May 26

Asset Allocation
Asset ClassValue
Cash96.72%
Debt3.81%
Other0.06%
Equity Sector Allocation
SectorValue
Financial Services30.95%
Basic Materials8.08%
Consumer Cyclical6.66%
Health Care5.43%
Communication Services5.25%
Industrials4.66%
Energy3.41%
Consumer Defensive3.2%
Real Estate1.2%
Technology0.76%
Utility0.71%
Debt Sector Allocation
SectorValue
Cash Equivalent79.24%
Corporate17.66%
Government3.64%
Credit Quality
RatingValue
AAA99.96%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
UTI Money Market Dir Gr
Investment Fund | -
15%₹1,660 Cr5,038,839
↑ 608,752
Future on ICICI Bank Ltd
Derivatives | -
5%-₹590 Cr4,645,900
↑ 4,645,900
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Sep 24 | ICICIBANK
5%₹584 Cr4,645,900
↑ 1,540,700
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 22 | HDFCBANK
5%₹541 Cr7,260,650
↓ -371,150
Future on HDFC Bank Ltd
Derivatives | -
5%-₹539 Cr7,260,650
↑ 7,260,650
Future on Reliance Industries Ltd
Derivatives | -
3%-₹336 Cr2,522,500
↑ 2,522,500
Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 23 | RELIANCE
3%₹333 Cr2,522,500
↑ 343,500
Future on Steel Authority Of India Ltd
Derivatives | -
3%-₹295 Cr14,273,900
↑ 14,273,900
Steel Authority Of India Ltd (Basic Materials)
Equity, Since 31 May 23 | SAIL
3%₹292 Cr14,273,900
↑ 1,057,500
Future on Bharti Airtel Ltd
Derivatives | -
3%-₹287 Cr1,557,050
↑ 1,557,050

2. 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 (₹43,266 Cr).
  • Established history (19+ yrs).
  • Rating: 2★ (bottom quartile).
  • Risk profile: Moderately Low.
  • 5Y return: 6.23% (top quartile).
  • 3Y return: 6.92% (upper mid).
  • 1Y return: 6.03% (upper mid).
  • 1M return: 0.58% (bottom quartile).
  • Alpha: 0.00 (top quartile).
  • Sharpe: -0.06 (top quartile).
  • Information ratio: 0.00 (top quartile).
  • Top sector: Financial Services.
  • Higher exposure to Cash Equivalent (bond sector) vs peer median.
  • Conservative stance with elevated cash (~99%).
  • High-quality debt (AAA/AA ~100%).
  • Largest holding SBI Liquid Dir Gr (~8.5%).

Below is the key information for SBI Arbitrage Opportunities Fund

SBI Arbitrage Opportunities Fund
Growth
Launch Date 3 Nov 06
NAV (08 Jul 26) ₹35.8971 ↓ 0.00   (-0.01 %)
Net Assets (Cr) ₹43,266 on 31 May 26
Category Hybrid - Arbitrage
AMC SBI Funds Management Private Limited
Rating
Risk Moderately Low
Expense Ratio 0.95
Sharpe Ratio -0.06
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
30 Jun 21₹10,000
30 Jun 22₹10,407
30 Jun 23₹11,063
30 Jun 24₹11,910
30 Jun 25₹12,753
30 Jun 26₹13,499

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 ₹357,992.
Net Profit of ₹57,992
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 8 Jul 26

DurationReturns
1 Month 0.6%
3 Month 1.5%
6 Month 3%
1 Year 6%
3 Year 6.9%
5 Year 6.2%
10 Year
15 Year
Since launch 6.7%
Historical performance (Yearly) on absolute basis
YearReturns
2025 6.5%
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%
Fund Manager information for SBI Arbitrage Opportunities Fund
NameSinceTenure
Neeraj Kumar5 Oct 1213.74 Yr.
Ardhendu Bhattacharya27 Dec 241.51 Yr.

Data below for SBI Arbitrage Opportunities Fund as on 31 May 26

Asset Allocation
Asset ClassValue
Cash98.64%
Debt1.84%
Other0.05%
Equity Sector Allocation
SectorValue
Financial Services30.08%
Basic Materials8.13%
Industrials7.69%
Consumer Cyclical5.81%
Energy5.26%
Communication Services4.2%
Utility3.85%
Consumer Defensive3.81%
Health Care3.65%
Real Estate1.67%
Technology0.79%
Debt Sector Allocation
SectorValue
Cash Equivalent87.8%
Corporate10.39%
Government2.29%
Credit Quality
RatingValue
AA1.87%
AAA98.13%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
SBI Liquid Dir Gr
Investment Fund | -
8%₹3,665 Cr8,413,178
↑ 2,746,616
SBI Savings Dir Gr
Investment Fund | -
8%₹3,407 Cr726,722,883
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 22 | HDFCBANK
6%₹2,463 Cr33,079,600
↑ 3,964,250
Future on HDFC Bank Ltd
Derivatives | -
6%-₹2,454 Cr33,079,600
↑ 33,079,600
Future on ICICI Bank Ltd
Derivatives | -
5%-₹2,372 Cr18,673,900
↑ 18,673,900
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 21 | ICICIBANK
5%₹2,346 Cr18,673,900
↑ 5,756,100
Future on State Bank of India
Derivatives | -
3%-₹1,368 Cr14,047,500
↑ 14,047,500
State Bank of India (Financial Services)
Equity, Since 31 May 23 | SBIN
3%₹1,355 Cr14,047,500
↑ 650,250
Future on Reliance Industries Ltd
Derivatives | -
3%-₹1,090 Cr8,193,000
↑ 8,193,000
Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 21 | RELIANCE
3%₹1,082 Cr8,193,000
↑ 2,581,000

3. 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 (₹28,062 Cr).
  • Established history (19+ yrs).
  • Rating: 3★ (upper mid).
  • Risk profile: Moderately Low.
  • 5Y return: 6.24% (top quartile).
  • 3Y return: 6.96% (upper mid).
  • 1Y return: 6.10% (top quartile).
  • 1M return: 0.59% (bottom quartile).
  • Alpha: 0.00 (upper mid).
  • Sharpe: -0.08 (top quartile).
  • Information ratio: 0.00 (upper mid).
  • Top sector: Financial Services.
  • Top bond sector: Cash Equivalent.
  • Conservative stance with elevated cash (~98%).
  • High-quality debt (AAA/AA ~100%).
  • Largest holding Future on BANK Index (~17.8%).

Below is the key information for Invesco India Arbitrage Fund

Invesco India Arbitrage Fund
Growth
Launch Date 30 Apr 07
NAV (08 Jul 26) ₹33.8889 ↑ 0.00   (0.00 %)
Net Assets (Cr) ₹28,062 on 31 May 26
Category Hybrid - Arbitrage
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk Moderately Low
Expense Ratio 1.06
Sharpe Ratio -0.08
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
30 Jun 21₹10,000
30 Jun 22₹10,398
30 Jun 23₹11,056
30 Jun 24₹11,915
30 Jun 25₹12,748
30 Jun 26₹13,505

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 ₹357,992.
Net Profit of ₹57,992
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 8 Jul 26

DurationReturns
1 Month 0.6%
3 Month 1.6%
6 Month 3%
1 Year 6.1%
3 Year 7%
5 Year 6.2%
10 Year
15 Year
Since launch 6.6%
Historical performance (Yearly) on absolute basis
YearReturns
2025 6.5%
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%
Fund Manager information for Invesco India Arbitrage Fund
NameSinceTenure
Deepak Gupta11 Nov 214.64 Yr.
Pradeep Sukte25 Jun 260.01 Yr.

Data below for Invesco India Arbitrage Fund as on 31 May 26

Asset Allocation
Asset ClassValue
Cash97.74%
Debt2.79%
Equity Sector Allocation
SectorValue
Financial Services29.67%
Basic Materials6.63%
Consumer Cyclical5.89%
Industrials5.55%
Energy5.47%
Health Care4.85%
Consumer Defensive3.25%
Communication Services3.2%
Utility2.3%
Real Estate0.73%
Technology0.54%
Debt Sector Allocation
SectorValue
Cash Equivalent81.55%
Corporate17.35%
Government2.28%
Credit Quality
RatingValue
AA1.84%
AAA98.16%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Future on BANK Index
- | -
18%-₹4,993 Cr233,489,475
↑ 135,632,150
Invesco India Liquid Dir Gr
Investment Fund | -
7%₹1,886 Cr4,932,898
↓ -1,205,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 23 | HDFCBANK
6%₹1,767 Cr23,732,950
↑ 14,076,050
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 24 | ICICIBANK
6%₹1,583 Cr12,601,400
↑ 5,239,500
Invesco India Money Market Dir Gr
Investment Fund | -
5%₹1,467 Cr4,415,910
Future on Reliance Industries Ltd
Derivatives | -
3%-₹711 Cr5,343,000
↑ 5,343,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 22 | RELIANCE
3%₹706 Cr5,343,000
↑ 1,528,500
Future on Bharat Heavy Electricals Ltd
Derivatives | -
2%-₹655 Cr15,584,625
↑ 15,584,625
Bharat Heavy Electricals Ltd (Industrials)
Equity, Since 31 Mar 23 | BHEL
2%₹649 Cr15,584,625
↓ -2,000,250
State Bank of India (Financial Services)
Equity, Since 31 Jan 23 | SBIN
2%₹641 Cr6,649,500
↓ -2,771,250

4. 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 (₹32,260 Cr).
  • Established history (19+ yrs).
  • Rating: 4★ (top quartile).
  • Risk profile: Moderate.
  • 5Y return: 6.04% (upper mid).
  • 3Y return: 6.92% (upper mid).
  • 1Y return: 6.02% (lower mid).
  • 1M return: 0.60% (lower mid).
  • Alpha: 0.00 (upper mid).
  • Sharpe: -0.30 (lower mid).
  • Information ratio: 0.00 (upper mid).
  • Top sector: Financial Services.
  • Top bond sector: Cash Equivalent.
  • Conservative stance with elevated cash (~95%).
  • High-quality debt (AAA/AA ~100%).
  • Largest holding ICICI Pru Money Market Dir Gr (~16.1%).

Below is the key information for ICICI Prudential Equity Arbitrage Fund

ICICI Prudential Equity Arbitrage Fund
Growth
Launch Date 30 Dec 06
NAV (08 Jul 26) ₹36.4178 ↑ 0.00   (0.00 %)
Net Assets (Cr) ₹32,260 on 31 May 26
Category Hybrid - Arbitrage
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 0.9
Sharpe Ratio -0.3
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
30 Jun 21₹10,000
30 Jun 22₹10,357
30 Jun 23₹10,964
30 Jun 24₹11,801
30 Jun 25₹12,641
30 Jun 26₹13,380

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 ₹357,992.
Net Profit of ₹57,992
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 8 Jul 26

DurationReturns
1 Month 0.6%
3 Month 1.6%
6 Month 3%
1 Year 6%
3 Year 6.9%
5 Year 6%
10 Year
15 Year
Since launch 6.8%
Historical performance (Yearly) on absolute basis
YearReturns
2025 6.5%
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%
Fund Manager information for ICICI Prudential Equity Arbitrage Fund
NameSinceTenure
Nikhil Kabra29 Dec 205.51 Yr.
Sharmila D'Silva31 Jul 223.92 Yr.
Darshil Dedhia13 Sep 241.8 Yr.
Ajaykumar Solanki23 Aug 241.85 Yr.
Archana Nair1 Feb 242.41 Yr.

Data below for ICICI Prudential Equity Arbitrage Fund as on 31 May 26

Asset Allocation
Asset ClassValue
Cash94.91%
Debt5.69%
Other0.05%
Equity Sector Allocation
SectorValue
Financial Services22.67%
Communication Services9.35%
Basic Materials7.56%
Consumer Cyclical6.61%
Industrials6.02%
Health Care5.39%
Energy5.07%
Utility3.51%
Consumer Defensive2.98%
Real Estate1.44%
Technology0.45%
Debt Sector Allocation
SectorValue
Cash Equivalent77.8%
Corporate17.69%
Government5.12%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Pru Money Market Dir Gr
Investment Fund | -
16%₹5,182 Cr127,933,512
Future on Bharti Airtel Ltd
Derivatives | -
5%-₹1,675 Cr9,081,050
↑ 9,081,050
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Dec 23 | BHARTIARTL
5%₹1,661 Cr9,081,050
↓ -931,950
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 21 | HDFCBANK
4%₹1,259 Cr16,903,300
↑ 2,274,400
Future on HDFC Bank Ltd
Derivatives | -
4%-₹1,254 Cr16,903,300
↑ 16,903,300
Future on Vodafone Idea Ltd
Derivatives | -
4%-₹1,206 Cr853,197,075
↑ 853,197,075
Vodafone Idea Ltd (Communication Services)
Equity, Since 30 Sep 23 | 532822
4%₹1,194 Cr853,197,075
↓ -1,929,825
Future on Reliance Industries Ltd
Derivatives | -
4%-₹1,137 Cr8,541,500
↑ 8,541,500
Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 18 | RELIANCE
3%₹1,129 Cr8,541,500
↑ 2,788,000
Future on State Bank of India
Derivatives | -
3%-₹961 Cr9,864,000
↑ 9,864,000

5. 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

  • Upper mid AUM (₹26,280 Cr).
  • Established history (16+ yrs).
  • Rating: 3★ (lower mid).
  • Risk profile: Moderate.
  • 5Y return: 5.96% (bottom quartile).
  • 3Y return: 6.87% (bottom quartile).
  • 1Y return: 5.96% (lower mid).
  • 1M return: 0.63% (top quartile).
  • Alpha: 0.00 (upper mid).
  • Sharpe: -0.40 (bottom quartile).
  • Information ratio: 0.00 (upper mid).
  • Top sector: Financial Services.
  • Top bond sector: Cash Equivalent.
  • Conservative stance with elevated cash (~91%).
  • High-quality debt (AAA/AA ~100%).
  • Largest holding Aditya BSL Money Mgr Dir Gr (~10.1%).

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 (08 Jul 26) ₹28.1811 ↓ 0.00   (0.00 %)
Net Assets (Cr) ₹26,280 on 31 May 26
Category Hybrid - Arbitrage
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderate
Expense Ratio 1.01
Sharpe Ratio -0.4
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
30 Jun 21₹10,000
30 Jun 22₹10,349
30 Jun 23₹10,940
30 Jun 24₹11,777
30 Jun 25₹12,604
30 Jun 26₹13,332

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 8 Jul 26

DurationReturns
1 Month 0.6%
3 Month 1.5%
6 Month 3%
1 Year 6%
3 Year 6.9%
5 Year 6%
10 Year
15 Year
Since launch 6.3%
Historical performance (Yearly) on absolute basis
YearReturns
2025 6.4%
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%
Fund Manager information for Aditya Birla Sun Life Arbitrage Fund
NameSinceTenure
Lovelish Solanki15 Dec 1411.55 Yr.
Mohit Sharma3 Mar 251.33 Yr.
Krina Mehta2 Oct 250.74 Yr.

Data below for Aditya Birla Sun Life Arbitrage Fund as on 31 May 26

Asset Allocation
Asset ClassValue
Cash91.06%
Debt9.53%
Other0.04%
Equity Sector Allocation
SectorValue
Financial Services25.1%
Basic Materials8.94%
Consumer Cyclical7.2%
Communication Services5.85%
Energy5.79%
Industrials5.63%
Health Care3.55%
Consumer Defensive2.98%
Utility2.83%
Real Estate1.14%
Technology0.76%
Debt Sector Allocation
SectorValue
Cash Equivalent78.12%
Corporate15.68%
Government6.8%
Credit Quality
RatingValue
AA4.49%
AAA95.51%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Aditya BSL Money Mgr Dir Gr
Investment Fund | -
10%₹2,667 Cr67,468,928
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 21 | HDFCBANK
5%₹1,358 Cr18,243,250
↓ -667,950
Hdfc Bank Limited
Derivatives | -
5%-₹1,354 Cr
Reliance Industries Limited
Derivatives | -
4%-₹1,003 Cr
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 18 | RELIANCE
4%₹993 Cr7,517,500
↑ 190,000
Aditya BSL FRF Dir Gr
Investment Fund | -
4%₹936 Cr24,863,082
Icici Bank Limited
Derivatives | -
3%-₹836 Cr
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 24 | ICICIBANK
3%₹826 Cr6,574,400
↑ 917,000
Vodafone Idea Limited
Derivatives | -
2%-₹624 Cr
Vodafone Idea Ltd (Communication Services)
Equity, Since 30 Nov 20 | 532822
2%₹617 Cr441,286,650
↓ -8,862,900

6. 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 (₹72,079 Cr).
  • Established history (20+ yrs).
  • Rating: 4★ (upper mid).
  • Risk profile: Moderately Low.
  • 5Y return: 6.21% (upper mid).
  • 3Y return: 7.04% (top quartile).
  • 1Y return: 6.05% (upper mid).
  • 1M return: 0.61% (upper mid).
  • Alpha: 0.00 (lower mid).
  • Sharpe: -0.28 (upper mid).
  • Information ratio: 0.00 (lower mid).
  • Top sector: Financial Services.
  • Top bond sector: Cash Equivalent.
  • Conservative stance with elevated cash (~93%).
  • High-quality debt (AAA/AA ~100%).
  • Largest holding Kotak Money Market Dir Gr (~11.3%).

Below is the key information for Kotak Equity Arbitrage Fund

Kotak Equity Arbitrage Fund
Growth
Launch Date 29 Sep 05
NAV (08 Jul 26) ₹39.789 ↓ 0.00   (0.00 %)
Net Assets (Cr) ₹72,079 on 31 May 26
Category Hybrid - Arbitrage
AMC Kotak Mahindra Asset Management Co Ltd
Rating
Risk Moderately Low
Expense Ratio 0.97
Sharpe Ratio -0.28
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
30 Jun 21₹10,000
30 Jun 22₹10,389
30 Jun 23₹11,016
30 Jun 24₹11,896
30 Jun 25₹12,743
30 Jun 26₹13,489

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 ₹357,992.
Net Profit of ₹57,992
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 8 Jul 26

DurationReturns
1 Month 0.6%
3 Month 1.6%
6 Month 3%
1 Year 6%
3 Year 7%
5 Year 6.2%
10 Year
15 Year
Since launch 6.9%
Historical performance (Yearly) on absolute basis
YearReturns
2025 6.4%
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%
Fund Manager information for Kotak Equity Arbitrage Fund
NameSinceTenure
Hiten Shah3 Oct 196.75 Yr.

Data below for Kotak Equity Arbitrage Fund as on 31 May 26

Asset Allocation
Asset ClassValue
Cash92.61%
Debt8%
Other0.06%
Equity Sector Allocation
SectorValue
Financial Services26.85%
Consumer Cyclical7.94%
Basic Materials7.71%
Energy6.55%
Industrials6.48%
Utility4.97%
Health Care4.21%
Communication Services3.84%
Consumer Defensive3.45%
Technology0.96%
Debt Sector Allocation
SectorValue
Cash Equivalent79.27%
Corporate16.25%
Government5.08%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Kotak Money Market Dir Gr
Investment Fund | -
11%₹8,159 Cr17,061,028
Kotak Savings Fund Dir Gr
Investment Fund | -
5%₹3,915 Cr826,303,438
↓ -31,700,680
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 19 | ICICIBANK
5%₹3,562 Cr28,349,300
↑ 12,098,800
ICICI Bank Ltd.-JUN2026
Derivatives | -
5%-₹3,407 Cr26,824,000
↑ 23,160,900
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 22 | HDFCBANK
4%₹3,219 Cr43,231,450
↑ 7,065,700
HDFC Bank Ltd.-JUN2026
Derivatives | -
4%-₹2,898 Cr39,114,350
↑ 25,024,450
Reliance Industries Ltd (Energy)
Equity, Since 31 May 18 | RELIANCE
3%₹2,405 Cr18,201,500
↑ 11,245,500
RELIANCE INDUSTRIES LTD.-JUN2026
Derivatives | -
3%-₹2,319 Cr17,438,500
↑ 13,632,000
Kotak Low Duration Dir Gr
Investment Fund | -
3%₹2,050 Cr5,338,100
↑ 377,270
Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 18 | AXISBANK
2%₹1,474 Cr11,455,000
↓ -410,625

7. 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 (₹14,862 Cr).
  • Established history (12+ yrs).
  • Top rated.
  • Risk profile: Moderately Low.
  • 5Y return: 6.07% (upper mid).
  • 3Y return: 6.90% (lower mid).
  • 1Y return: 5.95% (bottom quartile).
  • 1M return: 0.60% (upper mid).
  • Alpha: -0.82 (bottom quartile).
  • Sharpe: -0.40 (lower mid).
  • Information ratio: -1.79 (bottom quartile).
  • Top sector: Financial Services.
  • Top bond sector: Cash Equivalent.
  • Conservative stance with elevated cash (~94%).
  • High-quality debt (AAA/AA ~100%).
  • Largest holding Edelweiss Liquid Dir Gr (~7.4%).

Below is the key information for Edelweiss Arbitrage Fund

Edelweiss Arbitrage Fund
Growth
Launch Date 27 Jun 14
NAV (08 Jul 26) ₹20.5609 ↓ 0.00   (-0.01 %)
Net Assets (Cr) ₹14,862 on 31 May 26
Category Hybrid - Arbitrage
AMC Edelweiss Asset Management Limited
Rating
Risk Moderately Low
Expense Ratio 1.07
Sharpe Ratio -0.4
Information Ratio -1.79
Alpha Ratio -0.82
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
30 Jun 21₹10,000
30 Jun 22₹10,380
30 Jun 23₹10,987
30 Jun 24₹11,838
30 Jun 25₹12,669
30 Jun 26₹13,399

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 ₹357,992.
Net Profit of ₹57,992
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 8 Jul 26

DurationReturns
1 Month 0.6%
3 Month 1.5%
6 Month 3%
1 Year 6%
3 Year 6.9%
5 Year 6.1%
10 Year
15 Year
Since launch 6.2%
Historical performance (Yearly) on absolute basis
YearReturns
2025 6.3%
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%
Fund Manager information for Edelweiss Arbitrage Fund
NameSinceTenure
Bhavesh Jain27 Jun 1412.02 Yr.
Rahul Dedhia15 Jan 260.46 Yr.
Amit Vora6 Nov 241.65 Yr.
Hetul Raval22 Sep 250.77 Yr.

Data below for Edelweiss Arbitrage Fund as on 31 May 26

Asset Allocation
Asset ClassValue
Cash93.93%
Debt6.61%
Other0.03%
Equity Sector Allocation
SectorValue
Financial Services25.49%
Basic Materials8.42%
Industrials6.65%
Consumer Cyclical5.56%
Energy5.3%
Communication Services5.05%
Utility4.85%
Health Care4.09%
Consumer Defensive2.95%
Real Estate1.89%
Technology0.48%
Debt Sector Allocation
SectorValue
Cash Equivalent79.01%
Corporate15.46%
Government6.05%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Edelweiss Liquid Dir Gr
Investment Fund | -
7%₹1,101 Cr3,055,629
↓ -218,214
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 21 | HDFCBANK
5%₹796 Cr10,686,900
↑ 1,949,050
Hdfc Bank Ltd.30/06/2026
Derivatives | -
5%-₹759 Cr10,248,150
↑ 8,409,500
Edelweiss Money Market Dir Gr
Investment Fund | -
4%₹566 Cr171,039,989
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 20 | ICICIBANK
3%₹430 Cr3,420,200
↑ 735,700
Icici Bank Ltd.30/06/2026
Derivatives | -
3%-₹414 Cr3,257,100
↑ 2,751,000
Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 18 | RELIANCE
2%₹357 Cr2,699,500
↑ 1,114,500
Nmdc Ltd.30/06/2026
Derivatives | -
2%-₹343 Cr38,475,000
↑ 38,475,000
NMDC Ltd (Basic Materials)
Equity, Since 30 Nov 22 | NMDC
2%₹339 Cr38,583,000
↓ -951,750
Vodafone Idea Ltd.30/06/2026
Derivatives | -
2%-₹309 Cr218,713,500
↑ 218,713,500

8. 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

  • Lower mid AUM (₹25,085 Cr).
  • Established history (18+ yrs).
  • Rating: 3★ (lower mid).
  • Risk profile: Moderately Low.
  • 5Y return: 6.01% (lower mid).
  • 3Y return: 6.92% (lower mid).
  • 1Y return: 6.07% (top quartile).
  • 1M return: 0.62% (top quartile).
  • Alpha: 0.00 (lower mid).
  • Sharpe: -0.24 (upper mid).
  • Information ratio: 0.00 (lower mid).
  • Top sector: Financial Services.
  • Top bond sector: Cash Equivalent.
  • Conservative stance with elevated cash (~93%).
  • High-quality debt (AAA/AA ~100%).
  • Largest holding HDFC Money Market Dir Gr (~8.2%).

Below is the key information for HDFC Arbitrage Fund

HDFC Arbitrage Fund
Growth
Launch Date 23 Oct 07
NAV (08 Jul 26) ₹32.527 ↓ 0.00   (-0.01 %)
Net Assets (Cr) ₹25,085 on 31 May 26
Category Hybrid - Arbitrage
AMC HDFC Asset Management Company Limited
Rating
Risk Moderately Low
Expense Ratio 0.97
Sharpe Ratio -0.24
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
30 Jun 21₹10,000
30 Jun 22₹10,342
30 Jun 23₹10,948
30 Jun 24₹11,793
30 Jun 25₹12,620
30 Jun 26₹13,363

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 ₹357,992.
Net Profit of ₹57,992
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 8 Jul 26

DurationReturns
1 Month 0.6%
3 Month 1.6%
6 Month 3%
1 Year 6.1%
3 Year 6.9%
5 Year 6%
10 Year
15 Year
Since launch 6.5%
Historical performance (Yearly) on absolute basis
YearReturns
2025 6.3%
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%
Fund Manager information for HDFC Arbitrage Fund
NameSinceTenure
Anil Bamboli1 Feb 224.41 Yr.
Arun Agarwal24 Aug 205.85 Yr.
Dhruv Muchhal22 Jun 233.02 Yr.
Nandita Menezes29 Mar 251.25 Yr.

Data below for HDFC Arbitrage Fund as on 31 May 26

Asset Allocation
Asset ClassValue
Cash92.8%
Debt7.74%
Other0.05%
Equity Sector Allocation
SectorValue
Financial Services23.93%
Basic Materials9.82%
Consumer Cyclical7.47%
Energy6.54%
Industrials6.04%
Consumer Defensive4.02%
Communication Services3.36%
Health Care3.21%
Utility3.01%
Real Estate0.7%
Technology0.68%
Debt Sector Allocation
SectorValue
Cash Equivalent78.24%
Corporate18.35%
Government3.94%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Money Market Dir Gr
Investment Fund | -
8%₹2,064 Cr3,354,179
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 23 | HDFCBANK
6%₹1,553 Cr20,863,200
↑ 143,600
Hdfc Bank Ltd.
Derivatives | -
6%-₹1,547 Cr20,863,200
↑ 20,863,200
Reliance Industries Ltd.
Derivatives | -
4%-₹1,111 Cr8,355,000
↑ 8,355,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 21 | RELIANCE
4%₹1,104 Cr8,355,000
↑ 522,000
Icici Bank Ltd.
Derivatives | -
4%-₹1,004 Cr7,896,700
↑ 7,896,700
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 24 | ICICIBANK
4%₹992 Cr7,896,700
↑ 1,415,400
HDFC Liquid Dir Gr
Investment Fund | -
4%₹933 Cr1,704,922
Bharti Airtel Ltd.
Derivatives | -
2%-₹616 Cr3,339,250
↑ 3,339,250
Jsw Steel Ltd.
Derivatives | -
2%-₹613 Cr4,739,175
↑ 4,739,175

9. 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 (₹9,781 Cr).
  • Established history (11+ yrs).
  • Rating: 2★ (bottom quartile).
  • Risk profile: Moderate.
  • 5Y return: 5.99% (bottom quartile).
  • 3Y return: 6.81% (bottom quartile).
  • 1Y return: 5.93% (bottom quartile).
  • 1M return: 0.59% (lower mid).
  • Alpha: 0.00 (bottom quartile).
  • Sharpe: -0.44 (bottom quartile).
  • Information ratio: 0.00 (bottom quartile).
  • Top sector: Financial Services.
  • Top bond sector: Cash Equivalent.
  • Conservative stance with elevated cash (~98%).
  • High-quality debt (AAA/AA ~100%).
  • Largest holding Axis Money Market Dir Gr (~15.8%).

Below is the key information for Axis Arbitrage Fund 

Axis Arbitrage Fund 
Growth
Launch Date 14 Aug 14
NAV (08 Jul 26) ₹19.8255 ↓ 0.00   (-0.01 %)
Net Assets (Cr) ₹9,781 on 31 May 26
Category Hybrid - Arbitrage
AMC Axis Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 1
Sharpe Ratio -0.44
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
30 Jun 21₹10,000
30 Jun 22₹10,402
30 Jun 23₹10,971
30 Jun 24₹11,805
30 Jun 25₹12,622
30 Jun 26₹13,351

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 8 Jul 26

DurationReturns
1 Month 0.6%
3 Month 1.5%
6 Month 3%
1 Year 5.9%
3 Year 6.8%
5 Year 6%
10 Year
15 Year
Since launch 5.9%
Historical performance (Yearly) on absolute basis
YearReturns
2025 6.3%
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%
Fund Manager information for Axis Arbitrage Fund 
NameSinceTenure
Devang Shah14 Aug 1411.89 Yr.
Sachin Jain9 Nov 214.64 Yr.

Data below for Axis Arbitrage Fund  as on 31 May 26

Asset Allocation
Asset ClassValue
Cash98.24%
Debt2.34%
Equity Sector Allocation
SectorValue
Financial Services24.86%
Basic Materials8.22%
Industrials7.61%
Consumer Cyclical6.73%
Energy5.08%
Health Care4.08%
Communication Services4.08%
Consumer Defensive2.99%
Utility2.78%
Real Estate1.32%
Technology0.29%
Debt Sector Allocation
SectorValue
Cash Equivalent79.81%
Corporate17.88%
Government2.9%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Axis Money Market Dir Gr
Investment Fund | -
16%₹1,549 Cr10,155,490
↑ 820,489
Future on BANK Index
- | -
14%-₹1,412 Cr44,804,050
↑ 8,677,100
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 23 | HDFCBANK
5%₹453 Cr6,077,600
↑ 525,900
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 24 | ICICIBANK
4%₹401 Cr3,191,300
↑ 739,900
Reliance Industries Limited June 2026 Future
Derivatives | -
3%-₹282 Cr2,124,000
↑ 1,616,500
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 20 | RELIANCE
3%₹281 Cr2,124,000
↑ 145,000
Bharat Heavy Electricals Limited June 2026 Future
Derivatives | -
2%-₹242 Cr5,754,000
↑ 5,712,000
Bharat Heavy Electricals Ltd (Industrials)
Equity, Since 31 Mar 25 | BHEL
2%₹240 Cr5,754,000
↑ 307,125
Cenergy Holdings SA Future June 26
Derivatives | -
2%-₹191 Cr3,952,650
↑ 3,951,975
State Bank of India (Financial Services)
Equity, Since 31 May 24 | SBIN
2%₹175 Cr1,818,750
↑ 409,500

10. 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 (₹8,189 Cr).
  • Established history (19+ yrs).
  • Rating: 1★ (bottom quartile).
  • Risk profile: Moderately Low.
  • 5Y return: 5.89% (bottom quartile).
  • 3Y return: 6.73% (bottom quartile).
  • 1Y return: 5.69% (bottom quartile).
  • 1M return: 0.57% (bottom quartile).
  • Alpha: 0.00 (bottom quartile).
  • Sharpe: -0.91 (bottom quartile).
  • Information ratio: 0.00 (bottom quartile).
  • Higher exposure to Financial Services vs peer median.
  • Top bond sector: Cash Equivalent.
  • Conservative stance with elevated cash (~93%).
  • High-quality debt (AAA/AA ~100%).
  • Largest holding Future on BANK Index (~15.5%).

Below is the key information for Bandhan Arbitrage Fund

Bandhan Arbitrage Fund
Growth
Launch Date 21 Dec 06
NAV (08 Jul 26) ₹34.3336 ↓ 0.00   (-0.01 %)
Net Assets (Cr) ₹8,189 on 31 May 26
Category Hybrid - Arbitrage
AMC IDFC Asset Management Company Limited
Rating
Risk Moderately Low
Expense Ratio 1.1
Sharpe Ratio -0.91
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
30 Jun 21₹10,000
30 Jun 22₹10,338
30 Jun 23₹10,945
30 Jun 24₹11,776
30 Jun 25₹12,593
30 Jun 26₹13,291

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 8 Jul 26

DurationReturns
1 Month 0.6%
3 Month 1.5%
6 Month 2.8%
1 Year 5.7%
3 Year 6.7%
5 Year 5.9%
10 Year
15 Year
Since launch 6.5%
Historical performance (Yearly) on absolute basis
YearReturns
2025 6.2%
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%
Fund Manager information for Bandhan Arbitrage Fund
NameSinceTenure
Harshal Joshi20 Oct 169.7 Yr.
Brijesh Shah10 Jun 242.05 Yr.
Ritika Behera7 Oct 232.73 Yr.
Gaurav Satra7 Jun 242.06 Yr.
Kapil Kankonkar16 Jun 251.04 Yr.

Data below for Bandhan Arbitrage Fund as on 31 May 26

Asset Allocation
Asset ClassValue
Cash93.19%
Debt7.41%
Equity Sector Allocation
SectorValue
Financial Services31.92%
Basic Materials7.11%
Industrials6.9%
Communication Services5.2%
Energy4.31%
Consumer Cyclical4.05%
Health Care4.04%
Consumer Defensive2.96%
Utility2.59%
Real Estate1.01%
Technology0.55%
Debt Sector Allocation
SectorValue
Cash Equivalent78.95%
Corporate18.17%
Government3.48%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Future on BANK Index
- | -
15%-₹1,268 Cr61,043,125
↑ 10,006,650
Bandhan Money Market Dir Gr
Investment Fund | -
12%₹1,019 Cr221,060,752
↓ -5,426,513
Bandhan Ultra Short Dur Dir Gr
Investment Fund | -
7%₹548 Cr337,170,685
↓ -15,413,070
Bandhan Low Duration Dir Gr
Investment Fund | -
6%₹501 Cr120,501,238
↓ -12,043,898
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 22 | HDFCBANK
5%₹384 Cr5,156,250
↑ 486,750
Future on Vodafone Idea Ltd
Derivatives | -
4%-₹333 Cr235,009,800
↑ 235,009,800
Vodafone Idea Ltd (Communication Services)
Equity, Since 31 Jul 23 | 532822
4%₹329 Cr235,009,800
↓ -25,945,425
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 24 | ICICIBANK
4%₹317 Cr2,524,200
↑ 840,000
Future on Reliance Industries Ltd
Derivatives | -
2%-₹157 Cr1,180,500
↑ 1,180,500
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 18 | RELIANCE
2%₹156 Cr1,180,500
↑ 135,500

Disclaimer:
यहां दी गई जानकारी की सत्यता सुनिश्चित करने के लिए सभी प्रयास किए गए हैं। हालांकि, डेटा की शुद्धता के संबंध में कोई गारंटी नहीं दी जाती है। कृपया कोई भी निवेश करने से पहले योजना सूचना दस्तावेज के साथ सत्यापित करें।
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