Sharpe ratio
0.40Return earned for the risk taken.
Moderate
Moderate risk-adjusted returns. The reward for risk has been average.
+7.07%1Y Absolute Return
-0.03%1D
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Past performance is not an indicator of future returns.
Returns calculator comparison
Compare an illustrative investment outcome across return assumptions.
| Asset | Projected corpus | Total invested | Gain | Annual return |
|---|---|---|---|---|
| Franklin India Arbitrage Fund - Direct - GrowthFund 1Y annualised return · 5Y history unavailable | ₹8,69,171 | ₹7,32,612 | ₹1,36,559 | +7.07% |
| EPFIllustrative annual assumption | ₹8,95,132 | ₹7,32,612 | ₹1,62,520 | +8.25% |
| Residential propertyIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| PPFIllustrative annual assumption | ₹8,69,819 | ₹7,32,612 | ₹1,37,207 | +7.10% |
| Bank fixed depositIllustrative annual assumption | ₹8,56,981 | ₹7,32,612 | ₹1,24,369 | +6.50% |
| GoldIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| Savings accountIllustrative annual assumption | ₹7,86,827 | ₹7,32,612 | ₹54,215 | +3.00% |
Illustration only. Fund results use the available NAV-derived annualised return and can be negative. Reference rows are assumptions, not current quoted rates or guaranteed returns; property excludes transaction costs, taxes, and liquidity constraints. Mutual fund investments are subject to market risk.
Wealth multiple
₹1 became₹1.07
₹1 Lakh since launch₹1.07 Lakh
Fund age2.0 yrs
Fund information
Scheme code153043
ISININF090I01XS9
BenchmarkNIFTY 50 Arbitrage TRI
CategoryHybrid Scheme - Arbitrage Fund
Expense ratio1.20%
Exit loadExit Load for units in excess of 10% of the investment,0.25% will be charged for redemption within 30 days.
Minimum SIP₹500 SIP
Return comparison
4th / 163 in category| Period | Fund | Benchmark | Category avg |
|---|---|---|---|
| 1M | +7.67% | — | — |
| 3M | +7.02% | — | — |
| 6M | +6.96% | — | — |
| 1Y | +7.07% | — | +4.86% |
| Since Launch | +7.06% | — | — |
Risk-adjusted performance
Every measure is expanded with a plain-language reading of the latest calculated value.
Sortino ratio
0.77Return earned while limiting downside risk.
Moderate
Moderate downside risk-adjusted performance.
Standard deviation
1.46%How much the fund’s returns fluctuate over time.
Low volatility
Returns have been relatively stable.
Beta
—How closely the fund moves with the market.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Alpha
—Extra return generated above the benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Treynor ratio
—Return earned for each unit of market risk taken.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Calmar ratio
16.13How well the fund rewarded investors relative to its biggest decline.
Excellent
Excellent balance between returns and drawdowns.
Information ratio
—How consistently the fund outperformed its benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Portfolio allocation
Latest disclosed portfolio mix
Asset allocation
Portfolio100%
Hedged Equity71.69%
Debt25.58%
Cash3.16%
Market cap allocation
Sector allocation
Equity exposure by sector
Top holdings
10 of 235 disclosed positions
| Holding | Sector | Instrument type | Weight |
|---|---|---|---|
| Cash Margin | Unspecified | Cash Margin | 71.6935% |
| Franklin India Money Market Fund Direct-Growth | Unspecified | Mutual Fund | 11.4229% |
| HDFC Bank Ltd | Financial | Equity | 6.616% |
| ICICI Bank Ltd | Financial | Equity | 6.3693% |
| Reliance Industries Ltd | Energy & Utilities | Equity | 5.1975% |
| Union Bank of India (16/03/2027) ** # | Financial | Commercial Paper | 3.3475% |
| National Bank For Agriculture and Rural Development (17/03/2027) ** # | Financial | Certificate of Deposit | 3.3446% |
| Vodafone Idea Ltd | Technology | Equity | 3.1545% |
| IDFC First Bank Ltd | Financial | Equity | 2.7727% |
| CREDILA FINANCIAL SERVICES LIMITED 364D CP 01MAR27 | Financial | Commercial Paper | 2.6663% |
Fund management
MU
Mukesh Jain
Since 2025 · Prior to joining the Franklin AMC, he was associated with EQUIRUS, Anand Rathi, Religare Securities,
Postgraduate in Finance
RO
Rohan Maru
Since 2024 · Prior to joining Franklin India Mutual Fund, he has worked with ICICI Prudential Mutual Fund, Kotak Mahindra AMC as Fixed Income Dealer and Integreon Managed Solutions as a Research Associate.
Mr. Maru is M.Com and MBA in Finance.
PA
Pallab Roy
Since 2024 · He has been associated with Franklin Templeton Investments since 2001.
Mr. Roy is a M.Com and MBA (Finance).
RA
Rajasa Kakulavarapu
Since 2024 · Prior to joining Franklin Templeton Mutual Fund, she has worked with Jefferies India Pvt. Ltd. and Credit Suisse Securities (India) Pvt. Ltd.
Ms. Kakulavarapu has done B.Tech and MBA.
Compare similar funds
No comparable category funds are available yet.
Summary
A low-risk hybrid scheme - arbitrage fund. NAV has been stable for its category — worst fall -0.44% with 1.5% volatility. Returns depend on cash-futures spreads and can temporarily fall below liquid-fund levels.
Strengths
- NAV has been stable for its category — worst fall -0.44% with 1.5% volatility.
- Ranks 4 of 163 in its category over 1 year.
Weaknesses
- None
Ideal investor
- Suited for parking money for 3–12 months or longer — an alternative to liquid funds and short-term FDs.
- Taxed as an equity fund, which may be more efficient than an FD for some tax brackets.
Risk drivers
- Cash-futures spread compression can reduce arbitrage returns.