Sharpe ratio
0.46Return earned for the risk taken.
Moderate
Moderate risk-adjusted returns. The reward for risk has been average.
+6.68%1Y Absolute Return
-0.04%1D
Loading NAV history…
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 |
|---|---|---|---|---|
| Nippon India Arbitrage Fund - Direct Plan Growth Plan - Growth OptionFund 5Y annualised return | ₹8,64,654 | ₹7,32,612 | ₹1,32,042 | +6.86% |
| 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 age13.9 yrs
Fund information
Scheme code118585
ISININF204K01XZ7
BenchmarkNIFTY 50 Arbitrage TRI
CategoryHybrid Scheme - Arbitrage Fund
Expense ratio1.37%
Exit loadExit load of 0.25% if redeemed within 15 days.
Minimum SIP₹100 SIP
Return comparison
18th / 163 in category| Period | Fund | Benchmark | Category avg |
|---|---|---|---|
| 1M | +7.20% | — | — |
| 3M | +6.47% | — | — |
| 6M | +6.55% | — | — |
| 1Y | +6.68% | — | +4.86% |
| 3Y | +7.27% | — | +5.29% |
| 5Y | +6.86% | — | +5.25% |
| 10Y | +6.47% | — | — |
| Since Launch | +7.06% | — | — |
Risk-adjusted performance
Every measure is expanded with a plain-language reading of the latest calculated value.
Sortino ratio
0.92Return earned while limiting downside risk.
Moderate
Moderate downside risk-adjusted performance.
Standard deviation
1.38%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
11.36How 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 Equity69.39%
Debt26.87%
Cash4.13%
Market cap allocation
Sector allocation
Equity exposure by sector
Top holdings
10 of 350 disclosed positions
| Holding | Sector | Instrument type | Weight |
|---|---|---|---|
| Cash Margin | Unspecified | Cash Margin | 69.394% |
| Reliance Liquidity Fund Direct-Growth | Unspecified | Mutual Fund | 14.8378% |
| Reliance Liquid Cash Direct-Growth | Unspecified | Mutual Fund | 7.6936% |
| HDFC Bank Ltd | Financial | Equity | 5.5488% |
| Reliance Industries Ltd | Energy & Utilities | Equity | 4.8313% |
| Axis Bank Ltd | Financial | Equity | 2.6235% |
| Repo | Unspecified | Repo | 2.5812% |
| ICICI Bank Ltd | Financial | Equity | 2.5567% |
| Zomato Ltd | Technology | Equity | 2.2669% |
| JSW Steel Ltd | Materials | Equity | 1.9414% |
Fund management
AM
Amber Singhania
Since 2026 · Prior to joining the Nippon India AMC, he was associated with Asian Markets Securities Pvt. Ltd.
MMS Finance (Mumbai University)
VI
Vikash Agarwal
Since 2024 · Prior to joining Nippon AMC, he has worked with HDFC AMC, Larsen & Toubro Ltd.
Mr. Agarwal is a B.Com., CA, CFA
NE
Nemish Sheth
Since 2025 · Prior to joining Nippon Mutual Fund, he has worked with Bandhan MF, Nippon Life India Asset Management Ltd. and ICICI Prudential Asset Management Company Ltd.
Mr. Sheth is a B.Com, PGDM(FINANCE)
RO
Rohit Hashmukh Shah
Since 2024 · He has over 10 years of experience in Equity Dealing. Prior to Joining Dealing team, he was in risk management department of Nippon Life India Asset Management Limited.
Mr. Shah is a Chartered Accountant and FRM - GARP US
Compare similar funds
No comparable category funds are available yet.
Summary
A low-risk hybrid scheme - arbitrage fund. Ranks 18 of 163 in its category over 1 year. Returns depend on cash-futures spreads and can temporarily fall below liquid-fund levels.
Strengths
- Ranks 18 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.