ITI Arbitrage Fund
NAV
₹14.55
as of 21 Aug 2026
ITI Arbitrage Fund is an open-ended Arbitrage Fund scheme from ITI Mutual Fund managing ₹71 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹14.55 as of 21 Aug 2026. The expense ratio is 1.13% a year. Managed by Vikas Nathani. This page is factual data only — it carries no rating and no recommendation.
Key facts
- Expense ratio
- 1.13% / yr
- as of 30 Jun 2026
- Fund size
- ₹71 crore
- as of 31 Jul 2026
- Exit load
- 0.25%
- SIP available
- Yes
- Launched
- 9 Sept 2019
- ISIN
- INF00XX01440
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from NYVO’s own NAV data.
Rebased to 100data to 20 Aug 2026Benchmark: NIFTY 50 Arbitrage Index
ITI Arbitrage Fund
₹134
+34% on ₹100 over 5.0 yrs
Arbitrage Fund average
₹132
+32% on ₹100 over 5.0 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 1.41% | 1.73% | -0.32 |
| 6 months | 2.81% | 3.18% | -0.37 |
| 1 year | 6.41% | 6.54% | -0.13 |
| 3 years (CAGR) | 7.36% | 7.38% | -0.02 |
| 5 years (CAGR) | 6.08% | 6.59% | -0.51 |
Category average across 33 funds, as of 20 Aug 2026. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible — read that number first.
1-year holding periods
- Worst
- 2.7%
- Median
- 7.2%
- Best
- 8.3%
49 windows over the last 60 months, stepped monthly; 100% ended positive. Worst window began 2 Aug 2021. Windows overlap — this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 5.5%
- Median
- 7.1%
- Best
- 7.7%
25 windows over the last 60 months, stepped monthly; 100% ended positive. Worst window began 2 Aug 2021. Windows overlap — this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 2.17
- Sharpe ratio (5Y)
- 0.25
- Sortino ratio (3Y)
- 4.40 vs category 2.12
- Standard deviation (3Y)
- 0.49%
- Deepest fall (5Y)
- -0.05%
Where the money actually is
Equity
-0.2%
Bonds
0.1%
Cash
100.1%
Whole-portfolio split, as of 31 Jul 2026. Equity here is the NET position: this fund holds shares and sells futures against them, so the two largely cancel. The holdings below are gross, before that offset.
What it owns
68 positions · top 10 = 70.3%
Holdings by sector
Financial Services(2 in top 10)33.7%
- HDFC Bank Ltd5.47%
- Power Finance Corp Ltd5.28%
- Industrials7.9%
Technology(1 in top 10)6.4%
- One97 Communications Ltd6.44%
- Consumer Cyclical6.0%
- Communication Services4.6%
- Consumer Defensive4.0%
- Basic Materials3.8%
- Healthcare1.7%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Jul 2026. Portfolio turnover 1209.0% vs category 425.1% a year.
Other top holdings
- ITI Liquid Dir Gr13.37%
- Net Receivables / (Payables)11.70%
- Future on One97 Communications Ltdderivative6.44%
- Treps 03-Aug-2026matures 3 Aug 20265.96%
- Future on HDFC Bank Ltdderivative5.50%
- Power Finance Corporation Limited5.29%
- Future on Cummins India Ltdderivative4.84%
Rows marked derivative are futures positions held against the shares listed beside them. A stock and its future largely cancel, so do not add the two together. Exposure figures are gross: funds that use derivatives (arbitrage, hedged books) hold offsetting positions, so concentration and turnover can read above 100%.
The debt it holds (debt sleeve)
- Yield to maturity
- 6.17% vs category 6.33%
- Modified duration
- 67 days vs category 0.45 yrs
- Average maturity
- 67 days vs category 0.53 yrs
- Government securities
- 2.5%
Credit quality
- AAA
- 100.0%
Government securities are counted inside AAA by the data provider’s ladder; the sovereign share is listed separately above. Credit quality as of 30 Jun 2026.
Portfolio characteristics as of 31 Jul 2026. Yield to maturity is what the portfolio would return if every holding were held to maturity and paid in full. It is not a forecast of the fund’s return, and it is quoted before expenses.
Money in, money out
- Net flow, 12 months
- +₹19 cr
- Net flow, 3 months
- −₹18 cr
as of 31 Jul 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of ITI Arbitrage Fund?
- ₹14.55 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of ITI Arbitrage Fund?
- 1.13% a year for the Direct plan, as of 30 Jun 2026.
- How large is ITI Arbitrage Fund?
- ₹71 crore under management as of 31 Jul 2026, in the Arbitrage Fund category.
- How risky is ITI Arbitrage Fund?
- Its SEBI Riskometer reading is "Low Risk". Cash-and-futures spreads. Debt-like behaviour, equity taxation.
- What are the 5-year returns of ITI Arbitrage Fund?
- 6.08% a year over the last 5 years (Direct plan, CAGR), against a Arbitrage Fund average of 6.59%. Past returns do not predict future returns.
- What is the worst 3-year return of ITI Arbitrage Fund?
- 5.5% a year — the weakest of 25 overlapping 3-year holding periods, beginning 2 Aug 2021. The median was 7.1% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
- Who manages ITI Arbitrage Fund?
- Vikas Nathani, managing this fund for 2.6 years.
Where this fund sits
Its shelf, all funds
Ar · Arbitrage →
Cash-and-futures spreads. Debt-like behaviour, equity taxation.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund — growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other Arbitrage Fund funds
Data: NYVO research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (NIFTY 50 Arbitrage Index) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.