Invesco India Arbitrage Fund
Invesco Mutual Fund · Arbitrage · Regular plan, growth option
NAV (₹), 1 Oct 2026
34.3235
1-day change
0.08%
1Y return
6.2%
3Y CAGR
6.8%
5Y CAGR
6.4%
Max drawdown, 5Y
−0.4%
NAV history month-end NAV, ₹ · 3 May 2007 to 1 Oct 2026
Returns vs Arbitrage median (41 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | 0.2% | 0.2% |
| 3 months | 1.4% | 1.3% |
| 6 months | 3.0% | 2.9% |
| Year to date | 4.5% | 4.4% |
| 1 year | 6.2% | 6.0% |
| 3 years (CAGR) | 6.8% | 6.6% |
| 5 years (CAGR) | 6.4% | 6.0% |
| 7 years (CAGR) | 5.7% | 5.5% |
| 10 years (CAGR) | 5.8% | 5.7% |
| Since first NAV (CAGR) | 6.6% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 6.4% | 6.3% |
| 3Y rolling median | 6.3% | 6.3% |
| 3Y rolling worst | 4.1% | 3.9% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | 6.5% | 5.6% |
| 5Y rolling worst | 4.8% | 4.8% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 0.6% | 0.6% |
| Sharpe ratio | 0.12 | -0.26 |
| Sortino ratio | 0.15 | -0.32 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −0.5% | −0.6% |
| Maximum drawdown, last 10Y | −0.5% | −0.6% |
| Maximum drawdown, last 5Y | −0.4% | −0.5% |
| Current drawdown | 0.0% | 0.0% |
| Recovery time of worst fall | n/a | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Market context from Integrato Market Intelligence
This scheme hold only part of their money in each of these markets; the mix is set by the scheme and changes over time.
- 1Y +6.4% · 3Y +6.8% p.a. · 5Y +6.3% p.a. (index fund NAV, after costs)
- At its 52-week high (proxy NAV)
5.50%
1 Jul 2026 · −0.25 pp in a year · 5Y average 5.90%
Index levels and P/E: NSE daily index closing values; gold and silver: IBJA rates; returns: growth NAV of an index fund or ETF tracking the market (AMFI), so they are after that fund's costs. Context only: a market's level or valuation does not tell you how any scheme will perform. Explore all markets.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 2.87% a year and the Direct plan's 2.20%, a gap of 0.67%; over the last 3 years the Direct plan returned 0.72 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹13,42,296.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
Recent disclosure changes last 120 days, as disclosed via AMFI
- 1 Oct 2026: TER reduced from 2.92% to 2.87% (AMFI TER disclosure)
- 30 Sep 2026: TER increased from 2.91% to 2.92% (AMFI TER disclosure)
- 23 Sep 2026: TER reduced from 2.92% to 2.91% (AMFI TER disclosure)
- 22 Sep 2026: TER increased from 2.91% to 2.92% (AMFI TER disclosure)
- 21 Sep 2026: TER reduced from 2.92% to 2.91% (AMFI TER disclosure)
- 19 Sep 2026: TER increased from 2.91% to 2.92% (AMFI TER disclosure)
- 17 Sep 2026: TER reduced from 2.92% to 2.91% (AMFI TER disclosure)
- 12 Sep 2026: TER increased from 2.91% to 2.92% (AMFI TER disclosure)
- 11 Sep 2026: TER reduced from 2.92% to 2.91% (AMFI TER disclosure)
- 8 Sep 2026: TER increased from 2.91% to 2.92% (AMFI TER disclosure)
- 7 Sep 2026: TER reduced from 2.92% to 2.91% (AMFI TER disclosure)
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Deepak Gupta | Primary | 11 Nov 2021 |
| For Equity | n/a | |
| Pradeep Sukte | Comanage | 25 Jun 2026 |
Objective: To generate income by predominantly investing in arbitrage opportunities in the cash and derivatives market, and by investing the balance in debt and money market instruments.
Stated asset allocation: Equity and Equity Related Instruments: Min. 65% Max. 100% *Equity Derivative#: Min. 65% Max. 100% Other arbitrage opportunities : Min. 0% Max. 35% Debt^, Money Market Instruments: Min. 0% Max. 35%
Benchmark (tier 1): Nifty 50 Arbitrage
Exit load: If redeemed / switched-out within 15 days from the date of allotment - 0.5%. If units are redeemed or switched-out after 15 days from the date of allotment - Nil.
Minimum application: ₹1,000
Allotment date: 30 Apr 2007
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Regular plan | 2.87% | 2.07% |
| AUM, whole scheme (₹ crore) | 30,282 | 1,648 |
| Riskometer | Low | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 6.1% | 7.3% TRI |
| Return, 3 years (AMFI) | 6.7% | 7.4% TRI |
| Return, 5 years (AMFI) | 6.3% | 6.7% TRI |
| Month-ends above category median (3Y CAGR) | 51% | 26% median |
| Month-ends in category top quartile (3Y) | 41% | 0% median |
| 7Y rolling CAGR, median (monthly windows) | 5.8% | 5.7% median |
Official benchmark: Nifty 50 Arbitrage Index (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Arbitrage Regular plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | 4.5% | n/a | – |
| 2025 | 6.5% | n/a | – |
| 2024 | 7.6% | n/a | – |
| 2023 | 7.4% | n/a | – |
| 2022 | 5.1% | n/a | – |
| 2021 | 3.5% | n/a | – |
| 2020 | 4.3% | n/a | – |
| 2019 | 5.9% | n/a | – |
| 2018 | 5.9% | n/a | – |
| 2017 | 5.5% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,23,850 | 6.0% |
| 3 years | ₹3,60,000 | ₹3,96,675 | 6.4% |
| 5 years | ₹6,00,000 | ₹7,09,120 | 6.6% |
| 10 years | ₹12,00,000 | ₹16,30,217 | 6.0% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
AMC: Invesco Mutual Fund
Category: Arbitrage
Plan / option: Regular · Growth
AMFI scheme code: 105603
ISIN: INF205K01122
First NAV in MFIC data: 3 May 2007
History: 19.4 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Kotak Arbitrage Fund | Arbitrage | 0.98 | 6.8% |
| HDFC Arbitrage Fund | Arbitrage | 0.97 | 6.7% |
| BANDHAN Arbitrage Fund | Arbitrage | 0.97 | 6.5% |
| Edelweiss Arbitrage Fund | Arbitrage | 0.97 | 6.7% |
| UTI - Arbitrage Fund | Arbitrage | 0.97 | 6.8% |
| SBI Arbitrage Fund | Arbitrage | 0.97 | 6.7% |
Questions about Invesco India Arbitrage Fund
- What is the latest NAV of Invesco India Arbitrage Fund?
- The NAV of the Regular plan (growth option) was ₹34.3235 on 1 Oct 2026, as published by AMFI.
- Which category is Invesco India Arbitrage Fund in?
- It is classified as Arbitrage in AMFI's daily NAV file; a Arbitrage scheme holds largely hedged equity arbitrage positions. MFIC compares it with 41 Arbitrage schemes (Regular plans).
- What returns has Invesco India Arbitrage Fund delivered?
- Over one year the NAV changed by 6.2%. The 3-year CAGR is 6.8% (category median 6.6%) and the 5-year CAGR is 6.4% (category median 6.0%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 6.3%, the lowest was 4.1%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in Invesco India Arbitrage Fund's NAV?
- The largest peak-to-trough fall in its available history was 0.5%; within the last five years it was 0.4% (category median 0.5%).
- How volatile is Invesco India Arbitrage Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 0.6%, which is below the Arbitrage category median of 0.6%.
- What would a monthly SIP in Invesco India Arbitrage Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹7,09,120 on 1 Oct 2026, an annualised return (XIRR) of 6.6%. This uses the Regular plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of Invesco India Arbitrage Fund?
- The total expense ratio of the Regular plan is 2.87% a year, as disclosed to AMFI (median of Arbitrage Regular plans: 2.07%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is Invesco India Arbitrage Fund?
- Assets under management of the whole scheme were ₹30,282 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of Invesco India Arbitrage Fund?
- AMFI lists the scheme's riskometer as “Low”, and its benchmark's as “Low”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of Invesco India Arbitrage Fund and how has it compared?
- Its official benchmark is the Nifty 50 Arbitrage Index. Over 3 years AMFI reports a return of 6.7% for this plan against 7.4% for the benchmark total return index; over 5 years 6.3% against 6.7%. Past performance does not indicate future results.
- How often has Invesco India Arbitrage Fund beaten its category?
- At 51% of the 120 month-ends compared over the last 10 years, its 3-year return was above the median of Arbitrage schemes (Regular plans); it was in the top quarter at 41% of them. A typical scheme would show about 50%.
- Who manages Invesco India Arbitrage Fund?
- According to its Scheme Summary Document, Invesco India Arbitrage Fund is managed by Deepak Gupta (since 11 Nov 2021), For Equity, Pradeep Sukte (since 25 Jun 2026).
- What is the exit load of Invesco India Arbitrage Fund?
- As stated in its scheme documents: If redeemed / switched-out within 15 days from the date of allotment - 0.5%. If units are redeemed or switched-out after 15 days from the date of allotment - Nil. Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in Invesco India Arbitrage Fund?
- The minimum application amount is ₹1,000. SIP details: SIP-Monthly:500; Quarterly: 1500, SWP-Weekly/Monthly:1000;Quarterly:1500, Fixed STP- Daily:500; Weekly/ Fortnightly/ Monthly:1000 Quarterly:1500; Flex STP- Monthly:1000; Quarterly:1500, Appreciation STP- Monthly/Quarterly:500.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 6.9% and the Regular plan's by 6.2%. The Regular plan includes the services of a distributor.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Regular plans in the same AMFI category. 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 to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.