What is the NAV of Tata Arbitrage Fund?

₹16.29 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.

What is the expense ratio of Tata Arbitrage Fund?

0.26% a year for the Direct plan, as of 30 Jun 2026.

How large is Tata Arbitrage Fund?

₹24,725 crore under management as of 31 Jul 2026, in the Arbitrage Fund category.

How risky is Tata 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 Tata Arbitrage Fund?

6.78% 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 Tata Arbitrage Fund?

6.5% a year — the weakest of 25 overlapping 3-year holding periods, beginning 2 Aug 2021. The median was 7.7% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.

Who manages Tata Arbitrage Fund?

Sailesh Jain, managing this fund for 7.6 years.

Tata Arbitrage Fund

Tata Mutual FundDirectOpen-endedArbitrage FundRiskometer: Low Risk

NAV

₹16.29

as of 21 Aug 2026

Tata Arbitrage Fund is an open-ended Arbitrage Fund scheme from Tata Mutual Fund managing ₹24,725 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹16.29 as of 21 Aug 2026. The expense ratio is 0.26% a year. Managed by Sailesh Jain. This page is factual data only — it carries no rating and no recommendation.

Key facts

Expense ratio: 0.26% / yr; as of 30 Jun 2026
Fund size: ₹24,725 crore; as of 31 Jul 2026
Exit load: 0.25%
SIP available: Yes
Launched: 18 Dec 2018
ISIN: INF277K017Q3

₹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

Aug 2021Aug 2026

Tata Arbitrage Fund

₹139

+39% 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	1.81%	1.73%	+0.08
6 months	3.17%	3.18%	-0.01
1 year	6.71%	6.54%	+0.17
3 years (CAGR)	7.58%	7.38%	+0.20
5 years (CAGR)	6.78%	6.59%	+0.19

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.

Risk, measured

Sharpe ratio (3Y): 2.49
Sharpe ratio (5Y): 1.65
Sortino ratio (3Y): 5.37 vs category 2.12
Standard deviation (3Y): 0.51%

Where the money actually is

Equity

-0.3%

Bonds

5.7%

Cash

94.6%

Other

0.0%

Whole-portfolio split, as of 31 Jul 2026.

What it owns

335 positions · top 10 = 38.3%

Holdings by sector

Financial Services(2 in top 10)26.1%
- HDFC Bank Ltd5.59%
- Axis Bank Ltd2.43%
Basic Materials6.5%
Industrials6.4%
Energy(1 in top 10)5.2%
- Reliance Industries Ltd2.11%
Utilities5.0%
Communication Services(1 in top 10)4.7%
- Bharti Airtel Ltd2.08%
Consumer Defensive3.9%
Consumer Cyclical3.5%

Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Jul 2026. Portfolio turnover 511.4% vs category 425.1% a year.

Other top holdings

Tata Money Market Dir Gr11.82%
HDFC BANK LTD^5.62%
AXIS BANK LTD^2.45%
RELIANCE INDUSTRIES LTD^2.12%
BHARTI AIRTEL LTD^2.09%
Small Industries Development Bank of Indiamatures 23 Oct 20261.99%

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: 6.87% vs category 6.33%
Modified duration: 0.54 yrs vs category 0.45 yrs
Average maturity: 0.55 yrs vs category 0.53 yrs
Average coupon: 7.18%
Government securities: 8.6%

Credit quality

AAA: 96.1%
AA: 3.9%

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: +₹6,244 cr
Net flow, 3 months: +₹2,549 cr

as of 31 Jul 2026. Flows follow performance more than they predict it.

Quick answers

What is the NAV of Tata Arbitrage Fund?: ₹16.29 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
What is the expense ratio of Tata Arbitrage Fund?: 0.26% a year for the Direct plan, as of 30 Jun 2026.
How large is Tata Arbitrage Fund?: ₹24,725 crore under management as of 31 Jul 2026, in the Arbitrage Fund category.
How risky is Tata 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 Tata Arbitrage Fund?: 6.78% 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 Tata Arbitrage Fund?: 6.5% a year — the weakest of 25 overlapping 3-year holding periods, beginning 2 Aug 2021. The median was 7.7% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
Who manages Tata Arbitrage Fund?: Sailesh Jain, managing this fund for 7.6 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.