Ar · Calm shelf
Arbitrage funds
Cash-and-futures spreads. Debt-like behaviour, equity taxation.
Value barely moves. Suits money you may need soon. Industry-wide this shelf holds ₹2.86 lakh crore across 39 schemes (AMFI, category: Arbitrage Fund).
Arbitrage by the numbers
NYVO publishes data pages for 37 schemes in Arbitrage, from 37 fund houses, holding ₹3.24 lakh crore between them. Over the last five years the median returned 6.6% a year, and the gap between the best and worst was 1.2 percentage points a year across 23 funds with a five-year record (NAV as of 21 Aug 2026).
| Window | Worst | Median | Best | Spread | Funds |
|---|---|---|---|---|---|
| 1 year | 5.0% | 6.5% | 7.6% | 2.6 pts | 30 |
| 3 years (per year) | 6.5% | 7.4% | 7.6% | 1.1 pts | 24 |
| 5 years (per year) | 5.7% | 6.6% | 7.0% | 1.2 pts | 23 |
- Median fund size
- ₹1,159 crore
- Largest fund
- ₹74,399 crore
- Longest track record
- since 2013
Worst, median and best describe the spread across the funds on this shelf that have a data page on NYVO — they are not an index, not a benchmark, and no fund is named. The spread is simply the distance between the highest and lowest figure in that window; on shelves that hold more than one kind of asset it reflects that mix as much as anything else. Sample sizes differ by window because newer funds have no five-year record. Past returns do not predict future returns.
37 funds with data pages
- Kotak Arbitrage Fund₹74,399 crore · NAV ₹43.13 (21 Aug 2026)
- SBI ARBITRAGE OPPORTUNITIES FUND₹46,803 crore · NAV ₹38.67 (21 Aug 2026)
- ICICI Prudential Arbitrage Fund₹34,180 crore · NAV ₹39.59 (21 Aug 2026)
- Invesco India Arbitrage Fund₹29,629 crore · NAV ₹37.2 (21 Aug 2026)
- ADITYA BIRLA SUN LIFE ARBITRAGE FUND₹26,939 crore · NAV ₹30.84 (21 Aug 2026)
- Tata Arbitrage Fund₹24,725 crore · NAV ₹16.29 (21 Aug 2026)
- Nippon India Arbitrage Fund₹16,916 crore · NAV ₹30.88 (21 Aug 2026)
- Edelweiss Arbitrage Fund₹15,139 crore · NAV ₹22.39 (21 Aug 2026)
- UTI - Arbitrage Fund₹11,152 crore · NAV ₹40.13 (21 Aug 2026)
- Axis Arbitrage Fund₹10,339 crore · NAV ₹21.86 (21 Aug 2026)
- BANDHAN Arbitrage Fund₹8,190 crore · NAV ₹37.73 (21 Aug 2026)
- DSP Arbitrage fund₹6,646 crore · NAV ₹16.81 (21 Aug 2026)
- Mirae Asset Arbitrage Fund₹3,737 crore · NAV ₹14.54 (21 Aug 2026)
- HSBC Arbitrage Fund₹2,998 crore · NAV ₹21.86 (21 Aug 2026)
- Parag Parikh Arbitrage Fund₹2,732 crore · NAV ₹12.12 (21 Aug 2026)
- WhiteOak Capital Arbitrage Fund₹1,596 crore · NAV ₹11.48 (21 Aug 2026)
- Franklin India Arbitrage Fund₹1,505 crore · NAV ₹11.28 (21 Aug 2026)
- Bajaj Finserv Arbitrage Fund₹1,193 crore · NAV ₹12.22 (21 Aug 2026)
- BARODA BNP PARIBAS ARBITRAGE FUND₹1,125 crore · NAV ₹18.23 (21 Aug 2026)
- quant Arbitrage Fund₹748 crore · NAV ₹11.05 (21 Aug 2026)
- JioBlackRock Arbitrage Fund₹563 crore · NAV ₹10.49 (21 Aug 2026)
- Sundaram Arbitrage Fund(Formerly Known as Prinicpal Arbitrage Fund₹553 crore · NAV ₹16.42 (21 Aug 2026)
- JM Arbitrage Fund₹383 crore · NAV ₹37.32 (21 Aug 2026)
- NJ Arbitrage Fund₹273 crore · NAV ₹13.12 (21 Aug 2026)
- LIC MF Arbitrage Fund₹265 crore · NAV ₹15.52 (21 Aug 2026)
- Union Arbitrage Fund₹226 crore · NAV ₹15.61 (21 Aug 2026)
- Old Bridge Arbitrage Fund₹204 crore · NAV ₹10.51 (21 Aug 2026)
- TRUSTMF ARBITRAGE FUND₹152 crore · NAV ₹10.64 (21 Aug 2026)
- Helios Arbitrage Fund₹146 crore · NAV ₹10.27 (21 Aug 2026)
- BANK OF INDIA ARBITRAGE FUND₹136 crore · NAV ₹15.41 (21 Aug 2026)
- Mahindra Manulife Arbitrage Fund₹132 crore · NAV ₹13.75 (21 Aug 2026)
- The Wealth Company Arbitrage Fund₹131 crore · NAV ₹10.57 (21 Aug 2026)
- Groww Arbitrage Fund₹88 crore · NAV ₹10.21 (21 Aug 2026)
- ITI Arbitrage Fund₹71 crore · NAV ₹14.55 (21 Aug 2026)
- Samco Arbitrage Fund₹30 crore · NAV ₹10.93 (21 Aug 2026)
- Capitalmind Arbitrage Fund₹22 crore · NAV ₹10.28 (21 Aug 2026)
- HDFC ARBITRAGE FUNDHDFC Mutual Fund · NAV ₹21.7 (21 Aug 2026)
2 more funds exist in this category without enough published history for a data page yet; they appear here automatically once they have one.
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Funds are listed by assets under management — a fact, not a ranking. Shelf-level industry figures are AMFI monthly data; per-fund figures come from NYVO research systems and update daily. This page is general information, not investment advice, and carries no rating and no recommendation. Mutual fund investments are subject to market risks; read all scheme related documents carefully.