DSP Arbitrage Fund Direct Growth

Fund Overview

Fund Size

₹6,512 Cr

Expense Ratio

0.30%

ISIN

INF740KA1DN4

Minimum SIP

₹100

Exit Load

No Charges

Inception Date

25 Jan 2018

About this fund

DSP Arbitrage Fund Direct Growth is a Arbitrage Fund mutual fund schemes offered by DSP Mutual Fund. This fund has been in existence for 8 years, 3 months and 26 days, having been launched on 25-Jan-18.
As of 20-May-26, it has a Net Asset Value (NAV) of ₹16.51, Assets Under Management (AUM) of 6511.62 Crores, and an expense ratio of 0.3%.

DSP Arbitrage Fund Direct Growth has given a CAGR return of 6.21% since inception.
The fund's asset allocation comprises around -0.33% in equities, 8.75% in debts, and 91.56% in cash & cash equivalents.
You can start investing in DSP Arbitrage Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+6.45%

+6.03% (Cat Avg.)

3 Years

+7.40%

+6.86% (Cat Avg.)

5 Years

+6.49%

+6.01% (Cat Avg.)

Since Inception

+6.21%

— (Cat Avg.)

Portfolio Summaryas of 30th April 2026

Equity	₹-21.79 Cr	-0.33%
Debt	₹569.64 Cr	8.75%
Others	₹5,963.77 Cr	91.59%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Cash Offset For Derivatives	Cash - General Offset	₹4,402.78 Cr	67.61%
DSP Savings Dir Gr	Mutual Fund - Open End	₹714.91 Cr	10.98%
Future on HDFC Bank Ltd	Equity - Future	₹-343.2 Cr	5.27%
HDFC Bank Ltd	Equity	₹341.97 Cr	5.25%
Future on ICICI Bank Ltd	Equity - Future	₹-211.75 Cr	3.25%
ICICI Bank Ltd	Equity	₹210.22 Cr	3.23%
Future on Reliance Industries Ltd	Equity - Future	₹-188.77 Cr	2.90%
Reliance Industries Ltd	Equity	₹187.86 Cr	2.89%
Future on Kotak Mahindra Bank Ltd	Equity - Future	₹-157.71 Cr	2.42%
Kotak Mahindra Bank Ltd	Equity	₹156.62 Cr	2.41%
Canara Bank	Cash - CD/Time Deposit	₹142.79 Cr	2.19%
Future on Bharti Airtel Ltd	Equity - Future	₹-141.79 Cr	2.18%
Bharti Airtel Ltd	Equity	₹141.07 Cr	2.17%
ITC Ltd	Equity	₹136.74 Cr	2.10%
Itc Limited May26	Equity - Future	₹-131.66 Cr	2.02%
Future on Vodafone Idea Ltd	Equity - Future	₹-130.49 Cr	2.00%
Vodafone Idea Ltd	Equity	₹129.95 Cr	2.00%
Day Tbill	Bond - Gov't/Treasury	₹119.4 Cr	1.83%
Treps / Reverse Repo Investments	Cash - Repurchase Agreement	₹104.9 Cr	1.61%
Future on JSW Steel Ltd	Equity - Future	₹-102.29 Cr	1.57%
JSW Steel Ltd	Equity	₹101.83 Cr	1.56%
Future on Axis Bank Ltd	Equity - Future	₹-88.3 Cr	1.36%
Axis Bank Ltd	Equity	₹87.67 Cr	1.35%
Future on Bharat Heavy Electricals Ltd	Equity - Future	₹-84.59 Cr	1.30%
Bharat Heavy Electricals Ltd	Equity	₹84.09 Cr	1.29%
Future on Punjab National Bank	Equity - Future	₹-83.75 Cr	1.29%
Punjab National Bank	Equity	₹83.46 Cr	1.28%
Future on Tata Power Co Ltd	Equity - Future	₹-79.73 Cr	1.22%
Tata Power Co Ltd	Equity	₹79.29 Cr	1.22%
Future on Bharat Electronics Ltd	Equity - Future	₹-78.16 Cr	1.20%
Bharat Electronics Ltd	Equity	₹77.69 Cr	1.19%
Future on Multi Commodity Exchange of India Ltd	Equity - Future	₹-76.95 Cr	1.18%
Multi Commodity Exchange of India Ltd	Equity	₹76.7 Cr	1.18%
Bajaj Housing Finance Limited	Bond - Corporate Bond	₹75.73 Cr	1.16%
Future on GMR Airports Ltd	Equity - Future	₹-75.27 Cr	1.16%
GMR Airports Ltd	Equity	₹74.86 Cr	1.15%
Future on LIC Housing Finance Ltd	Equity - Future	₹-73.16 Cr	1.12%
LIC Housing Finance Ltd	Equity	₹72.72 Cr	1.12%
Future on Steel Authority Of India Ltd	Equity - Future	₹-69.52 Cr	1.07%
Steel Authority Of India Ltd	Equity	₹69.07 Cr	1.06%
Future on Mahindra & Mahindra Ltd	Equity - Future	₹-68.21 Cr	1.05%
State Bank of India	Equity	₹68.19 Cr	1.05%
Future on State Bank of India	Equity - Future	₹-67.98 Cr	1.04%
Future on Bank of Baroda	Equity - Future	₹-67.67 Cr	1.04%
Mahindra & Mahindra Ltd	Equity	₹67.59 Cr	1.04%
Bank of Baroda	Equity	₹67.2 Cr	1.03%
Future on Jio Financial Services Ltd	Equity - Future	₹-63.18 Cr	0.97%
Jio Financial Services Ltd	Equity	₹62.99 Cr	0.97%
Future on Bandhan Bank Ltd	Equity - Future	₹-62.13 Cr	0.95%
Bandhan Bank Ltd	Equity	₹61.76 Cr	0.95%
Marico Limited May26	Equity - Future	₹-60.48 Cr	0.93%
Marico Ltd	Equity	₹60.26 Cr	0.93%
Titan Co Ltd	Equity	₹58.02 Cr	0.89%
Eternal Ltd	Equity	₹56.85 Cr	0.87%
Future on Adani Energy Solutions Ltd	Equity - Future	₹-56.16 Cr	0.86%
Future on Sammaan Capital Ltd	Equity - Future	₹-55.98 Cr	0.86%
Adani Energy Solutions Ltd	Equity	₹55.81 Cr	0.86%
Titan Company Limited May26	Equity - Future	₹-55.7 Cr	0.86%
Sammaan Capital Ltd	Equity	₹55.59 Cr	0.85%
Future on Hindustan Aeronautics Ltd Ordinary Shares	Equity - Future	₹-54.53 Cr	0.84%
Hindustan Aeronautics Ltd Ordinary Shares	Equity	₹54.21 Cr	0.83%
Cholamandalam Investment And Finance Company Limited	Bond - Corporate Bond	₹53.07 Cr	0.81%
Eternal Limited May26	Equity - Future	₹-52.96 Cr	0.81%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹52.88 Cr	0.81%
Future on Tata Steel Ltd	Equity - Future	₹-51.2 Cr	0.79%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹51.04 Cr	0.78%
Tata Steel Ltd	Equity	₹51.03 Cr	0.78%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹50.63 Cr	0.78%
HDFC Bank Limited	Cash - CD/Time Deposit	₹49.13 Cr	0.75%
Bharti Telecom Limited	Cash - Commercial Paper	₹48.66 Cr	0.75%
Small Industries Development Bank Of India**	Cash - CD/Time Deposit	₹48.32 Cr	0.74%
Future on Larsen & Toubro Ltd	Equity - Future	₹-48.32 Cr	0.74%
HDFC Bank Limited	Cash - CD/Time Deposit	₹48.16 Cr	0.74%
Larsen & Toubro Ltd	Equity	₹48.05 Cr	0.74%
Bank Of Baroda	Cash - CD/Time Deposit	₹48 Cr	0.74%
HDFC Bank Limited	Cash - CD/Time Deposit	₹47.89 Cr	0.74%
Future on Container Corporation of India Ltd	Equity - Future	₹-47.87 Cr	0.74%
Container Corporation of India Ltd	Equity	₹47.64 Cr	0.73%
Indian Bank	Cash - CD/Time Deposit	₹47.59 Cr	0.73%
Indian Bank	Cash - CD/Time Deposit	₹47.5 Cr	0.73%
Kotak Mahindra Bank Limited	Cash - CD/Time Deposit	₹47.46 Cr	0.73%
Small Industries Dev Bank Of India	Cash - CD/Time Deposit	₹47.16 Cr	0.72%
Future on Aurobindo Pharma Ltd	Equity - Future	₹-46.7 Cr	0.72%
Future on Shriram Finance Ltd	Equity - Future	₹-46.68 Cr	0.72%
Shriram Finance Ltd	Equity	₹46.55 Cr	0.71%
Aurobindo Pharma Ltd	Equity	₹46.46 Cr	0.71%
Future on Divi's Laboratories Ltd	Equity - Future	₹-43.69 Cr	0.67%
Divi's Laboratories Ltd	Equity	₹43.44 Cr	0.67%
Future on Adani Ports & Special Economic Zone Ltd	Equity - Future	₹-42.82 Cr	0.66%
Adani Ports & Special Economic Zone Ltd	Equity	₹42.59 Cr	0.65%
Future on Bajaj Finance Ltd	Equity - Future	₹-41.34 Cr	0.63%
Bajaj Finance Ltd	Equity	₹41.11 Cr	0.63%
Future on DLF Ltd	Equity - Future	₹-40.42 Cr	0.62%
Future on Sun Pharmaceuticals Industries Ltd	Equity - Future	₹-40.38 Cr	0.62%
DLF Ltd	Equity	₹40.19 Cr	0.62%
Sun Pharmaceuticals Industries Ltd	Equity	₹40.19 Cr	0.62%
Future on Yes Bank Ltd	Equity - Future	₹-37.99 Cr	0.58%
Yes Bank Ltd	Equity	₹37.75 Cr	0.58%
Nmdc Limited May26	Equity - Future	₹-37.61 Cr	0.58%
NMDC Ltd	Equity	₹37.39 Cr	0.57%
Future on Godrej Properties Ltd	Equity - Future	₹-35.24 Cr	0.54%
Godrej Properties Ltd	Equity	₹35.13 Cr	0.54%
Future on Grasim Industries Ltd	Equity - Future	₹-35.04 Cr	0.54%
Grasim Industries Ltd	Equity	₹34.93 Cr	0.54%
Future on Crompton Greaves Consumer Electricals Ltd	Equity - Future	₹-32.16 Cr	0.49%
Crompton Greaves Consumer Electricals Ltd	Equity	₹32.06 Cr	0.49%
Future on IDFC First Bank Ltd	Equity - Future	₹-31.4 Cr	0.48%
IDFC First Bank Ltd	Equity	₹31.2 Cr	0.48%
Future on Manappuram Finance Ltd	Equity - Future	₹-29.91 Cr	0.46%
Manappuram Finance Ltd	Equity	₹29.76 Cr	0.46%
Future on Hindustan Unilever Ltd	Equity - Future	₹-29.62 Cr	0.45%
Hindustan Unilever Ltd	Equity	₹29.51 Cr	0.45%
Future on Aditya Birla Capital Ltd	Equity - Future	₹-28.98 Cr	0.45%
Future on PNB Housing Finance Ltd	Equity - Future	₹-28.97 Cr	0.44%
PNB Housing Finance Ltd	Equity	₹28.82 Cr	0.44%
Aditya Birla Capital Ltd	Equity	₹28.81 Cr	0.44%
Indian Bank	Cash - CD/Time Deposit	₹28.42 Cr	0.44%
Coforge Ltd	Equity	₹26.77 Cr	0.41%
Future on Coforge Ltd	Equity - Future	₹-26.74 Cr	0.41%
Future on APL Apollo Tubes Ltd	Equity - Future	₹-25.82 Cr	0.40%
Bharti Telecom Limited	Bond - Corporate Bond	₹25.8 Cr	0.40%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹25.78 Cr	0.40%
APL Apollo Tubes Ltd	Equity	₹25.67 Cr	0.39%
Future on Asian Paints Ltd	Equity - Future	₹-24.39 Cr	0.37%
Asian Paints Ltd	Equity	₹24.26 Cr	0.37%
Future on Glenmark Pharmaceuticals Ltd	Equity - Future	₹-24.15 Cr	0.37%
Future on Adani Enterprises Ltd	Equity - Future	₹-24.1 Cr	0.37%
Glenmark Pharmaceuticals Ltd	Equity	₹24 Cr	0.37%
Adani Enterprises Ltd	Equity	₹23.96 Cr	0.37%
Axis Bank Limited	Cash - CD/Time Deposit	₹23.94 Cr	0.37%
Union Bank Of India	Cash - CD/Time Deposit	₹23.77 Cr	0.36%
National Bank For Agriculture And Rural Development	Cash - CD/Time Deposit	₹23.72 Cr	0.36%
National Bank For Agriculture And Rural Development	Cash - CD/Time Deposit	₹23.72 Cr	0.36%
Small Industries Dev Bank Of India	Cash - CD/Time Deposit	₹23.71 Cr	0.36%
Canara Bank	Cash - CD/Time Deposit	₹23.71 Cr	0.36%
Small Industries Development Bank Of India	Cash - CD/Time Deposit	₹23.68 Cr	0.36%
National Bank For Agriculture And Rural Development	Cash - CD/Time Deposit	₹23.63 Cr	0.36%
Canara Bank	Cash - CD/Time Deposit	₹23.57 Cr	0.36%
Future on Exide Industries Ltd	Equity - Future	₹-23.45 Cr	0.36%
Exide Industries Ltd	Equity	₹23.36 Cr	0.36%
Future on Hero MotoCorp Ltd	Equity - Future	₹-22.06 Cr	0.34%
Future on Varun Beverages Ltd	Equity - Future	₹-22.04 Cr	0.34%
Hero MotoCorp Ltd	Equity	₹21.95 Cr	0.34%
Varun Beverages Ltd	Equity	₹21.9 Cr	0.34%
Future on Cholamandalam Investment and Finance Co Ltd	Equity - Future	₹-20.06 Cr	0.31%
Future on Biocon Ltd	Equity - Future	₹-20.04 Cr	0.31%
Biocon Ltd	Equity	₹19.96 Cr	0.31%
Cholamandalam Investment and Finance Co Ltd	Equity	₹19.93 Cr	0.31%
Future on Hindustan Zinc Ltd	Equity - Future	₹-19.62 Cr	0.30%
Hindustan Zinc Ltd	Equity	₹19.57 Cr	0.30%
Future on Ambuja Cements Ltd	Equity - Future	₹-18.25 Cr	0.28%
Future on Kalyan Jewellers India Ltd	Equity - Future	₹-18.25 Cr	0.28%
Ambuja Cements Ltd	Equity	₹18.14 Cr	0.28%
Kalyan Jewellers India Ltd	Equity	₹18.14 Cr	0.28%
Future on AU Small Finance Bank Ltd	Equity - Future	₹-17.97 Cr	0.28%
AU Small Finance Bank Ltd	Equity	₹17.88 Cr	0.27%
Upl Limited May26	Equity - Future	₹-17.86 Cr	0.27%
REC Ltd	Equity	₹17.86 Cr	0.27%
UPL Ltd	Equity	₹17.74 Cr	0.27%
Rec Limited May26	Equity - Future	₹-17.71 Cr	0.27%
Future on Laurus Labs Ltd	Equity - Future	₹-17.23 Cr	0.26%
Laurus Labs Ltd	Equity	₹17.13 Cr	0.26%
The Phoenix Mills Limited May26	Equity - Future	₹-17.05 Cr	0.26%
Phoenix Mills Ltd	Equity	₹16.99 Cr	0.26%
Future on Tata Consumer Products Ltd	Equity - Future	₹-16.77 Cr	0.26%
Tata Consumer Products Ltd	Equity	₹16.68 Cr	0.26%
Future on Patanjali Foods Ltd	Equity - Future	₹-16.24 Cr	0.25%
Patanjali Foods Ltd	Equity	₹16.21 Cr	0.25%
Future on RBL Bank Ltd	Equity - Future	₹-16.02 Cr	0.25%
Future on Adani Green Energy Ltd	Equity - Future	₹-16.01 Cr	0.25%
RBL Bank Ltd	Equity	₹15.92 Cr	0.24%
Adani Green Energy Ltd	Equity	₹15.9 Cr	0.24%
Future on ICICI Prudential Life Insurance Co Ltd	Equity - Future	₹-15.03 Cr	0.23%
ICICI Prudential Life Insurance Co Ltd	Equity	₹14.97 Cr	0.23%
Future on HDFC Life Insurance Co Ltd	Equity - Future	₹-14.87 Cr	0.23%
HDFC Life Insurance Co Ltd	Equity	₹14.78 Cr	0.23%
Future on Delhivery Ltd	Equity - Future	₹-14.51 Cr	0.22%
Delhivery Ltd	Equity	₹14.44 Cr	0.22%
Future on Canara Bank	Equity - Future	₹-14.17 Cr	0.22%
Canara Bank	Equity	₹14.09 Cr	0.22%
Future on GAIL (India) Ltd	Equity - Future	₹-13 Cr	0.20%
GAIL (India) Ltd	Equity	₹12.91 Cr	0.20%
Net Receivables/Payables	Cash	₹-12.76 Cr	0.20%
Godrej Consumer Products Ltd	Equity	₹12.75 Cr	0.20%
Future on PB Fintech Ltd	Equity - Future	₹-12.75 Cr	0.20%
Future on Godrej Consumer Products Ltd	Equity - Future	₹-12.72 Cr	0.20%
PB Fintech Ltd	Equity	₹12.71 Cr	0.20%
Future on UltraTech Cement Ltd	Equity - Future	₹-12.71 Cr	0.20%
UltraTech Cement Ltd	Equity	₹12.63 Cr	0.19%
Future on Eicher Motors Ltd	Equity - Future	₹-12.22 Cr	0.19%
Eicher Motors Ltd	Equity	₹12.16 Cr	0.19%
Future on Sona BLW Precision Forgings Ltd	Equity - Future	₹-11.94 Cr	0.18%
Sona BLW Precision Forgings Ltd	Equity	₹11.9 Cr	0.18%
Future on TVS Motor Co Ltd	Equity - Future	₹-11.81 Cr	0.18%
TVS Motor Co Ltd	Equity	₹11.74 Cr	0.18%
Future on Hindalco Industries Ltd	Equity - Future	₹-11.31 Cr	0.17%
Hindalco Industries Ltd	Equity	₹11.26 Cr	0.17%
Future on JSW Energy Ltd	Equity - Future	₹-10.71 Cr	0.16%
JSW Energy Ltd	Equity	₹10.66 Cr	0.16%
Future on Cipla Ltd	Equity - Future	₹-10.51 Cr	0.16%
Cipla Ltd	Equity	₹10.46 Cr	0.16%
Future on Nestle India Ltd	Equity - Future	₹-10.02 Cr	0.15%
Future on Bank of India	Equity - Future	₹-10.01 Cr	0.15%
Nestle India Ltd	Equity	₹9.99 Cr	0.15%
Bank of India	Equity	₹9.96 Cr	0.15%
Power Finance Corporation Limited May26	Equity - Future	₹-9.91 Cr	0.15%
Power Finance Corp Ltd	Equity	₹9.85 Cr	0.15%
Future on Apollo Hospitals Enterprise Ltd	Equity - Future	₹-9.31 Cr	0.14%
Apollo Hospitals Enterprise Ltd	Equity	₹9.26 Cr	0.14%
The Indian Hotels Company Limited May26	Equity - Future	₹-8.7 Cr	0.13%
Indian Hotels Co Ltd	Equity	₹8.65 Cr	0.13%
Future on The Federal Bank Ltd	Equity - Future	₹-8.49 Cr	0.13%
The Federal Bank Ltd	Equity	₹8.47 Cr	0.13%
Future on Max Financial Services Ltd	Equity - Future	₹-8.42 Cr	0.13%
Max Financial Services Ltd	Equity	₹8.37 Cr	0.13%
Future on SBI Life Insurance Co Ltd	Equity - Future	₹-8.35 Cr	0.13%
SBI Life Insurance Co Ltd	Equity	₹8.32 Cr	0.13%
Future on CG Power & Industrial Solutions Ltd	Equity - Future	₹-8.28 Cr	0.13%
CG Power & Industrial Solutions Ltd	Equity	₹8.23 Cr	0.13%
Future on Inox Wind Ltd	Equity - Future	₹-7.55 Cr	0.12%
Future on NTPC Ltd	Equity - Future	₹-7.51 Cr	0.12%
Inox Wind Ltd	Equity	₹7.51 Cr	0.12%
NTPC Ltd	Equity	₹7.48 Cr	0.11%
Future on Britannia Industries Ltd	Equity - Future	₹-7.47 Cr	0.11%
Britannia Industries Ltd	Equity	₹7.44 Cr	0.11%
Future on Waaree Energies Ltd	Equity - Future	₹-7.4 Cr	0.11%
Waaree Energies Ltd	Equity	₹7.37 Cr	0.11%
Future on Max Healthcare Institute Ltd Ordinary Shares	Equity - Future	₹-7.34 Cr	0.11%
Max Healthcare Institute Ltd Ordinary Shares	Equity	₹7.3 Cr	0.11%
Future on Maruti Suzuki India Ltd	Equity - Future	₹-6.97 Cr	0.11%
Maruti Suzuki India Ltd	Equity	₹6.92 Cr	0.11%
Future on Oil & Natural Gas Corp Ltd	Equity - Future	₹-6.84 Cr	0.11%
Oil & Natural Gas Corp Ltd	Equity	₹6.81 Cr	0.10%
Future on Lodha Developers Ltd	Equity - Future	₹-6.13 Cr	0.09%
Lodha Developers Ltd	Equity	₹6.1 Cr	0.09%
Future on Fortis Healthcare Ltd	Equity - Future	₹-5.82 Cr	0.09%
Fortis Healthcare Ltd	Equity	₹5.79 Cr	0.09%
Itc Limited Jun26	Equity - Future	₹-5.49 Cr	0.08%
Future on Mphasis Ltd	Equity - Future	₹-5.48 Cr	0.08%
Mphasis Ltd	Equity	₹5.45 Cr	0.08%
Future on One97 Communications Ltd	Equity - Future	₹-4.95 Cr	0.08%
One97 Communications Ltd	Equity	₹4.93 Cr	0.08%
Future on Hindustan Petroleum Corp Ltd	Equity - Future	₹-4.88 Cr	0.07%
Hindustan Petroleum Corp Ltd	Equity	₹4.85 Cr	0.07%
National Bank for Agriculture and Rural Development	Bond - Gov't Agency Debt	₹4.7 Cr	0.07%
Indus Towers Ltd Ordinary Shares	Equity	₹4.67 Cr	0.07%
Future on FSN E-Commerce Ventures Ltd	Equity - Future	₹-4.58 Cr	0.07%
FSN E-Commerce Ventures Ltd	Equity	₹4.55 Cr	0.07%
Future on NBCC India Ltd	Equity - Future	₹-4.38 Cr	0.07%
Indian Oil Corp Ltd	Equity	₹4.37 Cr	0.07%
NBCC India Ltd	Equity	₹4.35 Cr	0.07%
Future on Eternal Ltd	Equity - Future	₹-4.24 Cr	0.07%
Future on Dabur India Ltd	Equity - Future	₹-4.16 Cr	0.06%
Dabur India Ltd	Equity	₹4.14 Cr	0.06%
Indus Towers Limited May26	Equity - Future	₹-4.13 Cr	0.06%
Indian Oil Corporation Limited May26	Equity - Future	₹-3.91 Cr	0.06%
Future on United Spirits Ltd	Equity - Future	₹-3.47 Cr	0.05%
United Spirits Ltd	Equity	₹3.45 Cr	0.05%
Future on Suzlon Energy Ltd	Equity - Future	₹-2.82 Cr	0.04%
Suzlon Energy Ltd	Equity	₹2.81 Cr	0.04%
Future on Bajaj Finserv Ltd	Equity - Future	₹-2.67 Cr	0.04%
Bajaj Finserv Ltd	Equity	₹2.66 Cr	0.04%
Future on Bharat Petroleum Corp Ltd	Equity - Future	₹-2.58 Cr	0.04%
Titan Company Limited Jun26	Equity - Future	₹-2.56 Cr	0.04%
Bharat Petroleum Corp Ltd	Equity	₹2.55 Cr	0.04%
Future on Mazagon Dock Shipbuilders Ltd	Equity - Future	₹-2.25 Cr	0.03%
Mazagon Dock Shipbuilders Ltd	Equity	₹2.24 Cr	0.03%
Future on Prestige Estates Projects Ltd	Equity - Future	₹-2.18 Cr	0.03%
Prestige Estates Projects Ltd	Equity	₹2.16 Cr	0.03%
Future on Supreme Industries Ltd	Equity - Future	₹-1.91 Cr	0.03%
Supreme Industries Ltd	Equity	₹1.9 Cr	0.03%
Future on Adani Power Ltd	Equity - Future	₹-1.82 Cr	0.03%
Adani Power Ltd	Equity	₹1.81 Cr	0.03%
Future on Tata Motors Passenger Vehicles Ltd	Equity - Future	₹-1.73 Cr	0.03%
Tata Motors Passenger Vehicles Ltd	Equity	₹1.72 Cr	0.03%
Indian Energy Exchange Ltd	Equity	₹1.69 Cr	0.03%
Future on Indian Energy Exchange Ltd	Equity - Future	₹-1.67 Cr	0.03%
Future on Union Bank of India	Equity - Future	₹-1.48 Cr	0.02%
Union Bank of India	Equity	₹1.47 Cr	0.02%
Future on Trent Ltd	Equity - Future	₹-1.46 Cr	0.02%
Trent Ltd	Equity	₹1.45 Cr	0.02%
Future on Zydus Lifesciences Ltd	Equity - Future	₹-0.81 Cr	0.01%
Zydus Lifesciences Ltd	Equity	₹0.8 Cr	0.01%
Future on Solar Industries India Ltd	Equity - Future	₹-0.7 Cr	0.01%
Solar Industries India Ltd	Equity	₹0.69 Cr	0.01%
Future on InterGlobe Aviation Ltd	Equity - Future	₹-0.65 Cr	0.01%
InterGlobe Aviation Ltd	Equity	₹0.64 Cr	0.01%
Indus Towers Limited Jun26	Equity - Future	₹-0.56 Cr	0.01%
Indian Oil Corporation Limited Jun26	Equity - Future	₹-0.49 Cr	0.01%
Future on Cummins India Ltd	Equity - Future	₹-0.42 Cr	0.01%
Cummins India Ltd	Equity	₹0.42 Cr	0.01%
Future on UNO Minda Ltd	Equity - Future	₹-0.25 Cr	0.00%
UNO Minda Ltd	Equity	₹0.24 Cr	0.00%
Future on Bajaj Holdings and Investment Ltd	Equity - Future	₹-0.21 Cr	0.00%
Bajaj Holdings and Investment Ltd	Equity	₹0.21 Cr	0.00%
Rec Limited Jun26	Equity - Future	₹-0.2 Cr	0.00%
Future on Page Industries Ltd	Equity - Future	₹-0.17 Cr	0.00%
Page Industries Ltd	Equity	₹0.17 Cr	0.00%
Future on HDFC Asset Management Co Ltd	Equity - Future	₹-0.16 Cr	0.00%
HDFC Asset Management Co Ltd	Equity	₹0.16 Cr	0.00%
Future on Pidilite Industries Ltd	Equity - Future	₹-0.14 Cr	0.00%
Pidilite Industries Ltd	Equity	₹0.14 Cr	0.00%
Future on 360 One Wam Ltd Ordinary Shares	Equity - Future	₹-0.1 Cr	0.00%
360 One Wam Ltd Ordinary Shares	Equity	₹0.1 Cr	0.00%
Future on Info Edge (India) Ltd	Equity - Future	₹-0.07 Cr	0.00%
Info Edge (India) Ltd	Equity	₹0.07 Cr	0.00%

Allocation By Market Cap (Equity)

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹1,768.5 Cr	27.16%
Industrials	₹471.67 Cr	7.24%
Basic Materials	₹424.36 Cr	6.52%
Consumer Cyclical	₹337.47 Cr	5.18%
Consumer Defensive	₹319.08 Cr	4.90%
Communication Services	₹275.76 Cr	4.23%
Energy	₹230.41 Cr	3.54%
Healthcare	₹224.79 Cr	3.45%
Utilities	₹183.86 Cr	2.82%
Real Estate	₹100.57 Cr	1.54%
Technology	₹44.51 Cr	0.68%

Risk & Performance Ratios

Fund Managers

Karan Mundhra

Since August 2024

Kaivalya Nadkarni

Since October 2024

Additional Scheme Detailsas of 30th April 2026

ISIN

INF740KA1DN4

Expense Ratio

0.30%

Exit Load

No Charges

Fund Size

₹6,512 Cr

Age

8 years 3 months

Lumpsum Minimum

₹100

Fund Status

Open Ended Investment Company

Benchmark

NIFTY 50 Arbitrage TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

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WhiteOak Capital Arbitrage Fund Regular Growth Low Risk	4.2%	0.0%	₹1245.57 Cr	6.2%
WhiteOak Capital Arbitrage Fund Direct Growth Low Risk	3.4%	0.0%	₹1245.57 Cr	7.0%
Parag Parikh Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹2369.71 Cr	6.4%
Parag Parikh Arbitrage Fund Regular Growth Low Risk	0.6%	0.0%	₹2369.71 Cr	6.0%
Bajaj Finserv Arbitrage Fund Regular Growth Low Risk	0.9%	0.0%	₹954.00 Cr	5.8%
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SBI Arbitrage Opportunities Fund Direct Growth Low Risk	1.8%	0.0%	₹42847.28 Cr	6.6%
Bandhan Arbitrage Fund Regular Growth Low Risk	0.9%	0.0%	₹7895.29 Cr	5.6%
Nippon India Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹16332.45 Cr	6.6%
JM Arbitrage Fund Direct Growth Low Risk	0.8%	0.0%	₹366.72 Cr	6.4%
Invesco India Arbitrage Fund Direct Growth Low Risk	0.4%	0.0%	₹27320.70 Cr	6.7%
Kotak Equity Arbitrage Fund Direct Growth Low Risk	0.4%	0.0%	₹69951.21 Cr	6.6%
LIC MF Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹244.46 Cr	6.4%
LIC MF Arbitrage Fund Regular Growth Low Risk	0.9%	0.0%	₹244.46 Cr	5.7%
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ICICI Prudential Equity Arbitrage Fund Regular Growth Low Risk	0.8%	0.0%	₹32298.86 Cr	6.0%
SBI Arbitrage Opportunities Fund Regular Growth Low Risk	2.3%	0.0%	₹42847.28 Cr	6.1%
UTI Arbitrage Fund Regular Growth Low Risk	2.4%	0.0%	₹10857.59 Cr	6.0%
NJ Arbitrage Fund Regular Growth Low Risk	0.9%	0.0%	₹263.79 Cr	5.5%
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Bandhan Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹7895.29 Cr	6.4%
Axis Arbitrage Fund Regular Growth Low Risk	2.5%	0.0%	₹9022.68 Cr	5.9%
Axis Arbitrage Fund Direct Growth Low Risk	1.8%	0.0%	₹9022.68 Cr	6.6%
UTI Arbitrage Fund Direct Growth Low Risk	1.8%	0.0%	₹10857.59 Cr	6.5%
Union Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹238.91 Cr	6.3%
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Aditya Birla Sun Life Arbitrage Fund Regular Growth Low Risk	0.9%	0.0%	₹25678.50 Cr	5.9%
Aditya Birla Sun Life Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹25678.50 Cr	6.6%
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About the AMC

DSP Mutual Fund

+91 18002084499

https://www.dspim.com/

Total AUM

₹2,08,407 Cr

Address

West Wing, 11th Floor, Mumbai, 400021

Other Funds by DSP Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
DSP Multi Asset Omni Fund of Funds Direct Growth High Risk	0.4%	0.0%	₹769.29 Cr	-
DSP Nifty 500 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹13.23 Cr	-
DSP Fixed Maturity Plan Series 277 789 Days Direct Growth High Risk	-	0.0%	-	-
DSP Nifty Smallcap 250 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹10.36 Cr	-
DSP Nifty Midcap 150 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹13.00 Cr	-
DSP Nifty500 Flexicap Quality 30 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹170.85 Cr	-
DSP Nifty IT Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹75.24 Cr	-
DSP Nifty Healthcare Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹18.59 Cr	-
DSP Silver ETF Fund of Fund Direct Growth Very High Risk	0.5%	0.0%	₹712.87 Cr	170.8%
DSP Nifty Private Bank Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹67.90 Cr	-4.9%
DSP BSE SENSEX Next 30 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹21.26 Cr	12.0%
DSP Business Cycle Fund Direct Growth Very High Risk	0.6%	0.0%	₹1142.93 Cr	5.2%
DSP Nifty Top 10 Equal Weight Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹1224.20 Cr	-10.8%
DSP Nifty Bank Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹58.59 Cr	-1.9%
DSP US Treasury Fund of Fund Direct Growth Very High Risk	0.2%	0.0%	₹69.05 Cr	16.1%
DSP Nifty Healthcare ETF Regular Growth Very High Risk	0.2%	-	₹13.57 Cr	14.2%
DSP Multicap Fund Direct Growth Low Risk	0.5%	1.0%	₹2730.90 Cr	2.5%
DSP Nifty Smallcap250 Quality 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹310.81 Cr	-5.7%
DSP Banking & Financial Services Fund Direct Growth Very High Risk	0.5%	0.0%	₹1828.32 Cr	9.4%
DSP Gold ETF Fund of Fund Direct Growth High Risk	0.6%	0.0%	₹494.44 Cr	66.1%
DSP Multi Asset Allocation Fund Direct Growth Very High Risk	0.3%	1.0%	₹9241.13 Cr	21.3%
DSP FMP - Series 264 - 60M - 17D Direct Growth Low Risk	-	0.0%	₹54.14 Cr	6.1%
DSP FMP Series 267 - 1246 Days Direct Growth Low Risk	-	0.0%	₹717.68 Cr	5.1%
DSP FMP Series 261 37 Month Direct Growth Moderate Risk	-	-	-	-
DSP Fixed Maturity Plan Series 270 1144 Days Direct Growth Low Risk	-	0.0%	₹180.35 Cr	5.1%
DSP FMP Series 268 - 1281 Days Direct Growth Low Risk	-	-	₹122.54 Cr	5.8%
DSP FMP Series 252 38 Month Direct Growth Moderate Risk	-	0.0%	-	-
DSP Banking & PSU Debt Fund Direct Growth Low Risk	0.3%	0.0%	₹3387.79 Cr	2.3%
DSP Dynamic Asset Allocation Fund Direct Growth Moderately High risk	0.6%	1.0%	₹3661.26 Cr	4.1%
DSP Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹2115.51 Cr	5.4%
DSP Nifty 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹1085.26 Cr	-3.2%
DSP Nifty Next 50 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹1261.03 Cr	5.6%
DSP Healthcare Fund Direct Growth Very High Risk	0.5%	0.0%	₹3142.36 Cr	10.4%
DSP Global Allocation Fund Direct Growth Very High Risk	0.4%	0.0%	₹1482.17 Cr	3.9%
DSP Quant Fund Direct Growth Very High Risk	0.5%	0.0%	₹784.74 Cr	1.5%
DSP Low Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹5108.05 Cr	5.6%
DSP Value Fund Direct Growth Very High Risk	0.8%	1.0%	₹1702.98 Cr	11.6%
DSP Nifty SDL Plus G-Sec Jun 2028 30:70 Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹1656.83 Cr	5.0%
DSP Bond Fund Direct Growth Moderately High risk	0.3%	0.0%	₹288.40 Cr	3.3%
DSP Flexi Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹11769.10 Cr	-1.3%
DSP Government Securities Direct Growth Moderate Risk	0.5%	0.0%	₹1268.44 Cr	-2.0%
DSP Equity & Bond Fund Direct Growth High Risk	0.6%	1.0%	₹11581.75 Cr	-2.8%
DSP Focus Fund Direct Growth Very High Risk	0.8%	1.0%	₹2489.76 Cr	-2.2%
DSP Credit Risk Fund Direct Growth Moderately High risk	0.3%	3.0%	₹242.06 Cr	9.9%
DSP India TIGER Fund Direct Growth Very High Risk	0.7%	1.0%	₹5788.63 Cr	16.5%
DSP Liquidity Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹22480.43 Cr	6.3%
DSP Regular Saving Fund Direct Growth Moderately High risk	0.5%	0.0%	₹179.01 Cr	3.1%
DSP Small Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹17905.82 Cr	10.4%
DSP Ultra Short Fund Direct Growth Moderate Risk	0.3%	0.0%	₹4166.77 Cr	6.3%
DSP Short Term Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹3245.43 Cr	4.0%

Risk Level

Your principal amount will be at Low Risk

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Still got questions?
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What is the current NAV of DSP Arbitrage Fund Direct Growth?

The NAV of DSP Arbitrage Fund Direct Growth, as of 20-May-2026, is ₹16.51.

What are the returns of DSP Arbitrage Fund Direct Growth?

The fund has generated 6.45% over the last 1 year and 7.40% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of DSP Arbitrage Fund Direct Growth?

The fund's allocation of assets is distributed as -0.33% in equities, 8.75% in bonds, and 91.56% in cash and cash equivalents.

Who manages the DSP Arbitrage Fund Direct Growth?

The fund managers responsible for DSP Arbitrage Fund Direct Growth are:-

Karan Mundhra
Kaivalya Nadkarni

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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DSP Arbitrage Fund Direct Growth

Fund Overview