Arbitrage mutual funds
At least 65% in equity arbitrage positions that are largely hedged. This page lists every Arbitrage scheme (Regular plan, growth option) with its returns, rolling-return consistency and risk, calculated from AMFI NAVs as of 2 Oct 2026.
Schemes
41
Category AUM (AMFI, August 2026)
₹3.02 lakh cr
Net inflow in August
₹3,789 cr
Median 1Y return
6.0%
Median 3Y CAGR
6.6%
Median 5Y CAGR
6.0%
Median 3Y rolling
6.3%
Median max DD 5Y
−0.5%
Category AUM and net inflow cover all plans and options of the 40 Arbitrage Fund schemes in AMFI's monthly report for August 2026 (source); net inflow is money invested minus money redeemed during the month.
Arbitrage schemes, Regular plans alphabetical · 41 schemes
| Scheme | NAV (₹) | 1Y | 3Y CAGR | 5Y CAGR | 3Y rolling median | 3Y rolling worst | 3Y beat-rate | Std dev | Max DD 5Y | History |
|---|---|---|---|---|---|---|---|---|---|---|
| ADITYA BIRLA SUN LIFE ARBITRAGE FUND Aditya Birla Sun Life Mutual Fund | 28.51 | 6.0% | 6.7% | 6.1% | 6.4% | 3.8% | n/a | 0.6% | −0.5% | 17.2 y |
| Axis Arbitrage Fund Axis Mutual Fund | 20.06 | 6.0% | 6.6% | 6.1% | 5.9% | 3.9% | n/a | 0.6% | −0.4% | 12.1 y |
| Bajaj Finserv Arbitrage Fund Bajaj Finserv Mutual Fund | 12.03 | 5.8% | 6.2% | n/a | n/a | n/a | n/a | 0.6% | n/a | 3.0 y |
| BANDHAN Arbitrage Fund Bandhan Mutual Fund | 34.73 | 5.7% | 6.5% | 6.0% | 6.3% | 3.6% | n/a | 0.6% | −0.4% | 18.3 y |
| BANK OF INDIA ARBITRAGE FUND Bank of India Mutual Fund | 14.74 | 5.6% | 6.2% | 5.3% | 4.1% | 2.6% | n/a | 0.6% | −0.5% | 8.3 y |
| BARODA BNP PARIBAS ARBITRAGE FUND Baroda BNP Paribas Mutual Fund | 17.16 | 5.5% | 6.4% | n/a | 6.8% | 6.3% | n/a | 0.6% | n/a | 4.6 y |
| Capitalmind Arbitrage Fund Capitalmind Mutual Fund | 10.28 | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 0.5 y |
| DSP Arbitrage fund DSP Mutual Fund | 16.01 | 5.8% | 6.5% | 6.0% | 5.1% | 3.6% | n/a | 0.6% | −0.4% | 8.7 y |
| Edelweiss Arbitrage Fund Edelweiss Mutual Fund | 20.80 | 6.0% | 6.7% | 6.2% | 6.1% | 4.0% | n/a | 0.6% | −0.4% | 12.3 y |
| Edelweiss Arbitrage Fund Edelweiss Mutual Fund | 20.90 | 6.1% | 6.8% | 6.3% | 6.1% | 4.0% | n/a | 0.6% | −0.4% | 12.3 y |
| Franklin India Arbitrage Fund Franklin Templeton Mutual Fund | 11.20 | 6.3% | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 1.9 y |
| Groww Arbitrage Fund Groww Mutual Fund | 10.24 | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 0.4 y |
| HDFC Arbitrage Fund HDFC Mutual Fund | 32.92 | 6.1% | 6.7% | 6.1% | 6.6% | 3.6% | n/a | 0.6% | −0.8% | 18.9 y |
| Helios Arbitrage Fund Helios Mutual Fund | 10.27 | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 0.5 y |
| HSBC Arbitrage Fund HSBC Mutual Fund | 20.37 | 6.0% | 6.5% | n/a | 6.8% | 6.4% | n/a | 0.6% | n/a | 3.8 y |
| ICICI Prudential Arbitrage Fund ICICI Prudential Mutual Fund | 36.87 | 6.1% | 6.7% | 6.1% | 6.3% | 3.9% | n/a | 0.6% | −0.4% | 19.7 y |
| Invesco India Arbitrage Fund Invesco Mutual Fund | 34.32 | 6.2% | 6.8% | 6.4% | 6.3% | 4.1% | n/a | 0.6% | −0.4% | 19.4 y |
| ITI Arbitrage Fund ITI Mutual Fund | 13.88 | 5.8% | 6.5% | 5.4% | 4.9% | 2.4% | n/a | 0.6% | −0.6% | 7.1 y |
| JioBlackRock Arbitrage Fund Jio BlackRock Mutual Fund | 10.06 | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 0.1 y |
| JM Arbitrage Fund JM Financial Mutual Fund | 34.86 | 5.6% | 6.2% | 5.7% | 6.3% | 2.9% | n/a | 0.6% | −0.5% | 20.2 y |
| Kotak Arbitrage Fund Kotak Mahindra Mutual Fund | 40.28 | 6.1% | 6.8% | 6.3% | 6.5% | 4.1% | n/a | 0.6% | −0.5% | 19.3 y |
| LIC MF Arbitrage Fund LIC Mutual Fund | 14.83 | 6.0% | 6.4% | 5.8% | 5.3% | 3.4% | n/a | 0.5% | −0.4% | 7.7 y |
| Mahindra Manulife Arbitrage Fund Mahindra Manulife Mutual Fund | 13.15 | 5.4% | 5.6% | 5.0% | 5.2% | 3.5% | n/a | 0.5% | −0.5% | 6.1 y |
| Mirae Asset Arbitrage Fund Mirae Asset Mutual Fund | 13.97 | 5.9% | 6.5% | 6.0% | 6.3% | 4.2% | n/a | 0.6% | −0.4% | 6.3 y |
| Motilal Oswal Arbitrage Fund Motilal Oswal Mutual Fund | 11.12 | 6.0% | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 1.8 y |
| Nippon India Arbitrage Fund Nippon India Mutual Fund | 28.49 | 6.0% | 6.6% | 6.0% | 6.4% | 3.9% | n/a | 0.6% | −0.5% | 15.9 y |
| NJ Arbitrage Fund NJ Mutual Fund | 12.79 | 5.5% | 6.0% | n/a | 6.4% | 6.0% | n/a | 0.8% | n/a | 4.2 y |
| Old Bridge Arbitrage Fund Old Bridge Mutual Fund | 10.49 | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 0.9 y |
| Parag Parikh Arbitrage Fund PPFAS Mutual Fund | 12.05 | 6.1% | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 2.9 y |
| PGIM India Arbitrage Fund PGIM India Mutual Fund | 21.18 | 6.5% | 7.1% | 6.5% | 5.9% | 4.3% | n/a | 0.6% | −0.5% | 10.6 y |
| PGIM India Arbitrage Fund PGIM India Mutual Fund | 19.65 | 5.8% | 6.3% | 5.7% | 5.3% | 3.6% | n/a | 0.6% | −0.5% | 10.6 y |
| quant Arbitrage Fund quant Mutual Fund | 11.02 | 6.9% | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 1.5 y |
| Samco Arbitrage Fund Samco Mutual Fund | 10.74 | 3.7% | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 1.8 y |
| SBI Arbitrage Fund SBI Mutual Fund | 36.33 | 6.0% | 6.7% | 6.3% | 6.3% | 3.8% | n/a | 0.6% | −0.5% | 19.9 y |
| Sundaram Arbitrage Fund(Formerly Known as Prinicpal Arbitrage Fund) Sundaram Mutual Fund | 15.50 | 6.0% | 6.4% | n/a | 6.6% | 5.9% | n/a | 0.6% | n/a | 4.7 y |
| Tata Arbitrage Fund Tata Mutual Fund | 15.42 | 6.0% | 6.6% | 6.0% | 5.5% | 4.0% | n/a | 0.6% | −0.4% | 7.8 y |
| The Wealth Company Arbitrage Fund The Wealth Company Mutual Fund | 10.55 | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 1.0 y |
| TRUSTMF ARBITRAGE FUND Trust Mutual Fund | 10.61 | 5.7% | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 1.1 y |
| Union Arbitrage Fund Union Mutual Fund | 15.06 | 6.0% | 6.6% | 5.9% | 5.5% | 3.7% | n/a | 0.6% | −0.6% | 7.6 y |
| UTI - Arbitrage Fund UTI Mutual Fund | 37.66 | 6.0% | 6.8% | 6.1% | 6.8% | 3.9% | n/a | 0.6% | −0.4% | 20.2 y |
| WhiteOak Capital Arbitrage Fund WhiteOak Capital Mutual Fund | 11.38 | 6.4% | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 2.1 y |
Returns are from NAVs (after expenses, before tax); 3Y and 5Y are annualised. Rolling figures use every business-day start date in the scheme's history; beat-rate is the share of 3-year windows ahead of a benchmark — not available for this category in MFIC's free data. Std dev is annualised over 36 months. "n/a" means the scheme's history is too short or the data is still loading. Listed alphabetically; no order of preference is implied. Full definitions: MFIC methodology.
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Data & disclosure. Source: AMFI daily NAV file (portal.amfiindia.com) and historical NAVs via mfapi.in; calculations by MFIC. Data as of 2 Oct 2026. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155).