Hybrid Arbitrage Fund Low Risk Fund Managers: Dhaval Patel, Viral Shah
Hybrid Arbitrage Fund Low Risk
The investment objective of the scheme is to generate capital appreciation and income bypredominantly 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.
Expert-managed portfolios tailored to your financial goals.
Estimation is based on the past performance
| Arbitrage Fund | 1M | 3M | 6M | 9M | 1Y | 2Y | 3Y | 4Y | 5Y | 10Y | ALL |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund returns | 0.55% | 1.4% | 2.9% | 4.07% | 5.43% | 5.89% | 6.32% | 0% | 0% | 0% | 6.2% |
| Category returns | 0.6% | 1.49% | 3.08% | 4.3% | 5.88% | 6.41% | 6.78% | 6.34% | 5.76% | 5.69% | N/A |
| Absolute returns | 0.55% | 1.4% | 2.9% | 4.07% | 5.43% | 12.12% | 20.22% | 0% | 0% | 0% | 24.87% |
| Rank within category | 30 | 30 | 31 | 29 | 30 | 26 | 24 | 25 | 25 | 15 | N/A |
| Total Schemes in Category | 36 | 36 | 33 | 32 | 32 | 27 | 25 | 24 | 24 | 14 | N/A |
| Arbitrage Fund | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Yearly returns | N/A | 6.72% | 6.9% | 5.59% | 1.58% |
| Q1 returns | N/A | 1.5% | 1.86% | 1.53% | 1.49% |
| Q2 returns | N/A | 1.74% | 1.81% | 1.33% | 0.08% |
| Q3 Returns | N/A | 1.78% | 1.47% | 1.13% | N/A |
| Q4 Returns | 1.27% | 1.53% | 1.59% | 1.48% | N/A |
Expense ratio: 1%
Inclusive of GST
Exit load
Nil
| Alpha | -0.0676143 |
| Beta | 0.5187 |
| Sharpe Ratio | -0.170994 |
| Sortino Ratio | -0.102879 |
| R-Squared | 0.4216 |
| Tracking Error | 0.1269 |
| Downside Risk | 0.1298 |
| Std. Deviation (Annualised) | 0.4531 |
| Arbitrage Fund | 1M | 3M | 6M | 9M | 1Y | 3Y | 5Y | 10Y | ALL | Fund Size (Cr) | Expense Ratio | Sharpe | Risk |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Kotak Arbitrage Fund - Growth | 0.65% | 1.54% | 3.18% | 4.42% | 6.06% | 7.15% | 6.16% | 5.92% | 6.88% | 67,116.50 | 0.97 | 0.30 | Low |
| SBI Arbitrage Opportunities Fund - Regular Plan - Growth | 0.65% | 1.53% | 3.16% | 4.44% | 6.15% | 7.08% | 6.18% | 5.75% | 6.71% | 41,059.20 | 0.92 | 0.28 | Low |
| UTI Arbitrage Fund - Regular Plan - Growth | 0.63% | 1.5% | 3.16% | 4.44% | 6.11% | 7.08% | 6% | 5.81% | 6.79% | 10,499.50 | 0.78 | 0.28 | Low |
| Invesco India Arbitrage Fund - Regular Plan - Growth | 0.62% | 1.48% | 3.18% | 4.47% | 6.1% | 7.04% | 6.16% | 5.8% | 6.57% | 26,370.10 | 1.06 | 0.26 | Low |
| ICICI Prudential Equity - Arbitrage - Growth | 0.64% | 1.53% | 3.17% | 4.41% | 6.05% | 7.01% | 6% | 5.78% | 6.85% | 31,341.60 | 0.88 | 0.22 | Low |
| HDFC Arbitrage Fund - Wholesale Plan - Growth | 0.61% | 1.53% | 3.16% | 4.43% | 6.03% | 7% | 5.95% | 5.62% | 6.51% | 23,776.90 | 0.92 | 0.23 | Low |
| Edelweiss Arbitrage Fund - Regular Plan - Growth | 0.65% | 1.47% | 3.12% | 4.33% | 5.95% | 6.98% | 6.02% | 5.84% | 6.17% | 14,413.90 | 1.07 | 0.21 | Low |
| Aditya Birla Sun Life Arbitrage Fund - Growth | 0.62% | 1.48% | 3.12% | 4.34% | 6.02% | 6.95% | 5.92% | 5.73% | 6.3% | 25,064.60 | 1.03 | 0.19 | Low |
| Tata Arbitrage Fund - Regular Plan - Growth | 0.66% | 1.49% | 3.13% | 4.4% | 6.06% | 6.92% | 5.9% | 0% | 5.73% | 20,686.40 | 1.08 | 0.18 | Low |
| NJ Arbitrage Fund - Regular Plan - Growth Current | 0.55% | 1.4% | 2.9% | 4.07% | 5.43% | 6.32% | 0% | 0% | 6.2% | 269.85 | 1.00 | -0.17 | Low |
| Instrument Allocation | Instrument | Assets % |
|---|---|---|
|
|
Cash & Cash Equivalents and Net Assets | 13.82% |
| Domestic Equities | 72.02% | |
| Treasury Bills | 12.76% | |
| Government Securities | 1.39% |
| Sector Allocation | Sector | Assets % |
|---|---|---|
| Others | 27.98% | |
| Petroleum Products | 7.37% | |
| Banks | 23.11% | |
| Telecom - Services | 8.65% | |
| Finance | 10.92% | |
| Automobiles | 4.54% | |
| Pharmaceuticals & Biotechnology | 2.83% | |
| Metals & Minerals Trading | 1.61% | |
| Construction | 1.20% | |
| Consumer Durables | 1.40% | |
| Retailing | 1.43% | |
| Ferrous Metals | 1.77% | |
| Diversified FMCG | 1.07% | |
| Beverages | 0.72% | |
| Cement & Cement Products | 0.84% | |
| Minerals & Mining | 0.65% | |
| IT - Software | 0.52% | |
| Personal Products | 0.49% | |
| Power | 0.51% | |
| Auto Components | 0.40% | |
| Aerospace & Defense | 0.35% | |
| Financial Technology (Fintech) | 0.33% | |
| Capital Markets | 0.57% | |
| Realty | 0.28% | |
| Gas | 0.11% | |
| Transport Infrastructure | 0.09% | |
| Insurance | 0.10% | |
| Chemicals & Petrochemicals | 0.07% | |
| Healthcare Services | 0.04% | |
| Fertilizers & Agrochemicals | 0.03% | |
| Electrical Equipment | 0.02% |
| Name | Sector | Instrument | Assets % |
|---|---|---|---|
| Net Receivables / (Payables) | Cash & Cash Equivalents and Net Assets | 8.10% | |
| Reliance Industries Ltd. | Petroleum Products | Domestic Equities | 7.37% |
| Kotak Mahindra Bank Ltd. | Banks | Domestic Equities | 6.02% |
| Bharti Airtel Ltd. | Telecom - Services | Domestic Equities | 5.87% |
| HDFC Bank Ltd. | Banks | Domestic Equities | 5.83% |
| Clearing Corporation of India Ltd | Cash & Cash Equivalents and Net Assets | 5.72% | |
| Sammaan Capital Ltd. | Finance | Domestic Equities | 5.67% |
| ICICI Bank Ltd. | Banks | Domestic Equities | 4.35% |
| Mahindra & Mahindra Ltd. | Automobiles | Domestic Equities | 4.12% |
| Bajaj Finance Ltd. | Finance | Domestic Equities | 3.92% |
| Vodafone Idea Ltd. | Telecom - Services | Domestic Equities | 2.46% |
| Biocon Ltd. | Pharmaceuticals & Biotechnology | Domestic Equities | 1.91% |
| 182 Days Tbill (MD 08/05/2026) | Treasury Bills | 1.84% | |
| Axis Bank Ltd. | Banks | Domestic Equities | 1.67% |
| Adani Enterprises Ltd. | Metals & Minerals Trading | Domestic Equities | 1.61% |
| Bank Of Baroda | Banks | Domestic Equities | 1.61% |
| Larsen & Toubro Ltd. | Construction | Domestic Equities | 1.20% |
| 5.63% Government of India (12/04/2026) | Government Securities | 1.13% | |
| 364 Days Tbill (MD 02/04/2026) | Treasury Bills | 1.11% | |
| 182 Days Tbill (MD 03/04/2026) | Treasury Bills | 1.11% | |
| 182 Days Tbill (MD 27/08/2026) | Treasury Bills | 1.09% | |
| 364 Days Tbill (MD 02/10/2026) | Treasury Bills | 1.08% | |
| Titan Company Ltd. | Consumer Durables | Domestic Equities | 1.08% |
| 364 Days Tbill (MD 25/02/2027) | Treasury Bills | 1.06% | |
| 364 Days Tbill (MD 19/03/2027) | Treasury Bills | 1.05% | |
| Eternal Ltd. | Retailing | Domestic Equities | 1.03% |
| JIO Financial Services Ltd. | Finance | Domestic Equities | 0.98% |
| 182 Days Tbill (MD 16/04/2026) | Treasury Bills | 0.92% | |
| 364 Days Tbill (MD 23/04/2026) | Treasury Bills | 0.92% | |
| 91 Days Tbill (MD 07/05/2026) | Treasury Bills | 0.92% | |
| 364 Days Tbill (MD 09/07/2026) | Treasury Bills | 0.91% | |
| Tata Steel Ltd. | Ferrous Metals | Domestic Equities | 0.90% |
| Yes Bank Ltd. | Banks | Domestic Equities | 0.89% |
| Steel Authority Of India Ltd. | Ferrous Metals | Domestic Equities | 0.87% |
| State Bank Of India | Banks | Domestic Equities | 0.84% |
| ITC Ltd. | Diversified FMCG | Domestic Equities | 0.82% |
| Sun Pharmaceutical Industries Ltd. | Pharmaceuticals & Biotechnology | Domestic Equities | 0.73% |
| United Spirits Ltd. | Beverages | Domestic Equities | 0.72% |
| Ambuja Cements Ltd. | Cement & Cement Products | Domestic Equities | 0.70% |
| NMDC Ltd. | Minerals & Mining | Domestic Equities | 0.65% |
| Punjab National Bank | Banks | Domestic Equities | 0.63% |
| Bandhan Bank Ltd. | Banks | Domestic Equities | 0.51% |
| Tata Consultancy Services Ltd. | IT - Software | Domestic Equities | 0.50% |
| Dabur India Ltd. | Personal Products | Domestic Equities | 0.49% |
| Tata Power Company Ltd. | Power | Domestic Equities | 0.45% |
| Maruti Suzuki India Ltd. | Automobiles | Domestic Equities | 0.41% |
| Exide Industries Ltd. | Auto Components | Domestic Equities | 0.40% |
| Trent Ltd. | Retailing | Domestic Equities | 0.40% |
| 182 Days Tbill (MD 24/04/2026) | Treasury Bills | 0.37% | |
| IDFC First Bank Ltd. | Banks | Domestic Equities | 0.36% |
| 182 Days Tbill (MD 21/08/2026) | Treasury Bills | 0.36% | |
| Hindustan Aeronautics Ltd. | Aerospace & Defense | Domestic Equities | 0.35% |
| LIC Housing Finance Ltd. | Finance | Domestic Equities | 0.35% |
| One97 Communications Ltd. | Financial Technology (Fintech) | Domestic Equities | 0.33% |
| Multi Commodity Exchange Of India Ltd. | Capital Markets | Domestic Equities | 0.33% |
| Indus Towers Ltd. | Telecom - Services | Domestic Equities | 0.32% |
| IndusInd Bank Ltd. | Banks | Domestic Equities | 0.29% |
| 10.18% Government of India (11/09/2026) | Government Securities | 0.26% | |
| Hindustan Unilever Ltd. | Diversified FMCG | Domestic Equities | 0.25% |
| Indian Energy Exchange Ltd. | Capital Markets | Domestic Equities | 0.24% |
| Crompton Greaves Consumer Electricals Ltd. | Consumer Durables | Domestic Equities | 0.22% |
| DLF Ltd. | Realty | Domestic Equities | 0.22% |
| Laurus Labs Ltd. | Pharmaceuticals & Biotechnology | Domestic Equities | 0.16% |
| Grasim Industries Ltd. | Cement & Cement Products | Domestic Equities | 0.14% |
| GAIL (India) Ltd. | Gas | Domestic Equities | 0.11% |
| RBL Bank Ltd. | Banks | Domestic Equities | 0.10% |
| Asian Paints Ltd. | Consumer Durables | Domestic Equities | 0.10% |
| GMR Airports Ltd. | Transport Infrastructure | Domestic Equities | 0.09% |
| SBI Life Insurance Company Ltd. | Insurance | Domestic Equities | 0.07% |
| Solar Industries India Ltd. | Chemicals & Petrochemicals | Domestic Equities | 0.07% |
| Godrej Properties Ltd. | Realty | Domestic Equities | 0.06% |
| NTPC Ltd. | Power | Domestic Equities | 0.04% |
| Max Healthcare Institute Ltd. | Healthcare Services | Domestic Equities | 0.04% |
| Cipla Ltd. | Pharmaceuticals & Biotechnology | Domestic Equities | 0.03% |
| UPL Ltd. | Fertilizers & Agrochemicals | Domestic Equities | 0.03% |
| HDFC Life Insurance Company Ltd. | Insurance | Domestic Equities | 0.02% |
| Bharat Heavy Electricals Ltd. | Electrical Equipment | Domestic Equities | 0.02% |
| JSW Energy Ltd. | Power | Domestic Equities | 0.02% |
| Coforge Ltd. | IT - Software | Domestic Equities | 0.02% |
| Tata Motors Passenger Vehicles Ltd. | Automobiles | Domestic Equities | 0.01% |
| Total | 100.00% |
RETURNS
It is an Open ended scheme that primarily invests in Arbitrage Fund.
The investment objective of the scheme is to generate capital appreciation and income bypredominantly 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.
The scheme benchmark is the Nifty 50 Arbitrage
It is classified as Low Risk, suitable for investors with a Low risk appetite.
Returns Delivered by the funds are as follows:
1-year: 5.43%
3-year: 6.32%
5-year: 0%
Top holdings include names such as:
The NAV is around ₹12.49 (approx.) for the NJ Arbitrage Fund - Regular Plan - Growth.
The fund’s AUM is approximately ₹270 Cr.
The expense ratio for the Regular Plan is 1.
Nil.
Minimum SIP starts at ₹500.
The minimum lump sum investment is ₹5000. Often platforms may require higher in practice, but the statutory minimum remains the same.
You can start a SIP through:
Broker/agent platform like Sharescart.
Enter KYC details, choose the Regular Growth option, set SIP amount/frequency, and submit.
Yes. You can modify your SIP amount or frequency anytime online through the Sharescart platform.
You can redeem online via the Sharescart platform — choose the scheme, select the amount/units, and submit. Proceeds are credited to your bank account.
The fund managers: Dhaval Patel, Viral Shah
This fund is suitable for investors with a Low risk tolerance.
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