
Alternative StrategiesArbitrage FundLow Risk
Direct
NAV (27-Nov-25)
Returns (Since Inception)
Fund Size
₹535 Cr
Expense Ratio
0.29%
ISIN
INF090I01XS9
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
19 Nov 2024
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
+7.05%
+6.26% (Cat Avg.)
Since Inception
+7.03%
— (Cat Avg.)
| Equity | ₹405.06 Cr | 75.65% |
| Debt | ₹53.73 Cr | 10.03% |
| Others | ₹76.65 Cr | 14.32% |
All Holdings
Equity
Debt & Others
| Name | Type | Amount | Holdings |
|---|---|---|---|
| ICICI Bank Ltd | Equity | ₹34.22 Cr | 5.49% |
| HDFC Bank Ltd | Equity | ₹30.32 Cr | 4.87% |
| Sammaan Capital Ltd | Equity | ₹25.9 Cr | 4.16% |
| Vodafone Idea Ltd | Equity | ₹25.49 Cr | 4.09% |
| HDFC Securities Limited | Cash - Commercial Paper | ₹24.63 Cr | 3.95% |
| Reliance Industries Ltd | Equity | ₹24.61 Cr | 3.95% |
| Eternal Ltd | Equity | ₹23.13 Cr | 3.71% |
| Franklin India Money Mkt Dir Gr | Mutual Fund - Open End | ₹18.99 Cr | 3.05% |
| RBL Bank Ltd | Equity | ₹17.91 Cr | 2.88% |
| Jubilant Beverages Limited | Bond - Corporate Bond | ₹15.85 Cr | 2.55% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹15.35 Cr | 2.47% |
| 5.63% Govt Stock 2026 | Bond - Gov't/Treasury | ₹15.08 Cr | 2.42% |
| 364 DTB 29012026 | Bond - Gov't/Treasury | ₹14.84 Cr | 2.38% |
| One97 Communications Ltd | Equity | ₹13.75 Cr | 2.21% |
| Axis Bank Ltd | Equity | ₹12.8 Cr | 2.06% |
| State Bank of India | Equity | ₹12.49 Cr | 2.00% |
| ITC Ltd | Equity | ₹10.64 Cr | 1.71% |
| Call, Cash & Other Assets | Cash - Collateral | ₹10.57 Cr | 1.70% |
| Poonawalla Fincorp Limited | Bond - Corporate Bond | ₹10.45 Cr | 1.68% |
| Nestle India Ltd | Equity | ₹10.43 Cr | 1.67% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹9.87 Cr | 1.58% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹9.65 Cr | 1.55% |
| Jubilant Bevco Limited | Bond - Corporate Bond | ₹9.27 Cr | 1.49% |
| Multi Commodity Exchange of India Ltd | Equity | ₹9.06 Cr | 1.46% |
| Hindalco Industries Ltd | Equity | ₹8.66 Cr | 1.39% |
| IDFC First Bank Ltd | Equity | ₹8.28 Cr | 1.33% |
| Kotak Mahindra Bank Ltd | Equity | ₹8.15 Cr | 1.31% |
| Tata Consultancy Services Ltd | Equity | ₹6.85 Cr | 1.10% |
| Godrej Properties Ltd | Equity | ₹6.76 Cr | 1.09% |
| Bajaj Finserv Ltd | Equity | ₹6.15 Cr | 0.99% |
| TVS Motor Co Ltd | Equity | ₹5.69 Cr | 0.91% |
| Larsen & Toubro Ltd | Equity | ₹5.61 Cr | 0.90% |
| Bharti Airtel Ltd | Equity | ₹5.59 Cr | 0.90% |
| Aditya Birla Capital Ltd | Equity | ₹5.55 Cr | 0.89% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹5.42 Cr | 0.87% |
| JSW Energy Ltd | Equity | ₹5.29 Cr | 0.85% |
| HCL Technologies Ltd | Equity | ₹5.13 Cr | 0.82% |
| Tata Consumer Products Ltd | Equity | ₹5.03 Cr | 0.81% |
| 364 DTB 01012026 | Bond - Gov't/Treasury | ₹4.97 Cr | 0.80% |
| 364 DTB 27022026 | Bond - Gov't/Treasury | ₹4.92 Cr | 0.79% |
| India (Republic of) | Bond - Short-term Government Bills | ₹4.9 Cr | 0.79% |
| Punjab National Bank | Equity | ₹4.89 Cr | 0.78% |
| Bharat Electronics Ltd | Equity | ₹4.62 Cr | 0.74% |
| Laurus Labs Ltd | Equity | ₹4.59 Cr | 0.74% |
| Pidilite Industries Ltd | Equity | ₹4.31 Cr | 0.69% |
| LIC Housing Finance Ltd | Equity | ₹4.2 Cr | 0.67% |
| Tata Steel Ltd | Equity | ₹4.03 Cr | 0.65% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹3.97 Cr | 0.64% |
| Trent Ltd | Equity | ₹3.86 Cr | 0.62% |
| Franklin India Liquid Sup Inst Dir Gr | Mutual Fund - Open End | ₹3.62 Cr | 0.58% |
| Patanjali Foods Ltd | Equity | ₹3.6 Cr | 0.58% |
| PNB Housing Finance Ltd | Equity | ₹3.51 Cr | 0.56% |
| Varun Beverages Ltd | Equity | ₹3.33 Cr | 0.53% |
| Mahindra & Mahindra Ltd | Equity | ₹3.25 Cr | 0.52% |
| Coforge Ltd | Equity | ₹3.24 Cr | 0.52% |
| Jio Financial Services Ltd | Equity | ₹3.03 Cr | 0.49% |
| Steel Authority Of India Ltd | Equity | ₹3 Cr | 0.48% |
| JSW Steel Ltd | Equity | ₹2.92 Cr | 0.47% |
| Yes Bank Ltd | Equity | ₹2.8 Cr | 0.45% |
| Cipla Ltd | Equity | ₹2.76 Cr | 0.44% |
| Bharat Dynamics Ltd Ordinary Shares | Equity | ₹2.62 Cr | 0.42% |
| Titan Co Ltd | Equity | ₹2.48 Cr | 0.40% |
| HFCL Ltd | Equity | ₹2.45 Cr | 0.39% |
| NMDC Ltd | Equity | ₹2.38 Cr | 0.38% |
| Petronet LNG Ltd | Equity | ₹2.22 Cr | 0.36% |
| Bank of India | Equity | ₹2.13 Cr | 0.34% |
| Manappuram Finance Ltd | Equity | ₹1.94 Cr | 0.31% |
| IndusInd Bank Ltd | Equity | ₹1.84 Cr | 0.30% |
| Margin On Derivatives | Cash - Collateral | ₹-1.73 Cr | 0.28% |
| Bharat Heavy Electricals Ltd | Equity | ₹1.7 Cr | 0.27% |
| Bosch Ltd | Equity | ₹1.66 Cr | 0.27% |
| Hindustan Petroleum Corp Ltd | Equity | ₹1.66 Cr | 0.27% |
| Bandhan Bank Ltd | Equity | ₹1.61 Cr | 0.26% |
| Marico Ltd | Equity | ₹1.6 Cr | 0.26% |
| REC Ltd | Equity | ₹1.55 Cr | 0.25% |
| Divi's Laboratories Ltd | Equity | ₹1.43 Cr | 0.23% |
| Jindal Steel Ltd | Equity | ₹1.41 Cr | 0.23% |
| Tata Power Co Ltd | Equity | ₹1.41 Cr | 0.23% |
| Maruti Suzuki India Ltd | Equity | ₹1.33 Cr | 0.21% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹1.29 Cr | 0.21% |
| BSE Ltd | Equity | ₹1.27 Cr | 0.20% |
| Glenmark Pharmaceuticals Ltd | Equity | ₹1.21 Cr | 0.19% |
| CG Power & Industrial Solutions Ltd | Equity | ₹1.14 Cr | 0.18% |
| UltraTech Cement Ltd | Equity | ₹0.95 Cr | 0.15% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹0.93 Cr | 0.15% |
| Asian Paints Ltd | Equity | ₹0.8 Cr | 0.13% |
| Indian Energy Exchange Ltd | Equity | ₹0.77 Cr | 0.12% |
| Aurobindo Pharma Ltd | Equity | ₹0.67 Cr | 0.11% |
| Kalyan Jewellers India Ltd | Equity | ₹0.52 Cr | 0.08% |
| GMR Airports Ltd | Equity | ₹0.47 Cr | 0.08% |
| United Spirits Ltd | Equity | ₹0.46 Cr | 0.07% |
| Housing & Urban Development Corp Ltd | Equity | ₹0.44 Cr | 0.07% |
| PB Fintech Ltd | Equity | ₹0.43 Cr | 0.07% |
| Polycab India Ltd | Equity | ₹0.38 Cr | 0.06% |
| Indian Hotels Co Ltd | Equity | ₹0.36 Cr | 0.06% |
| Mphasis Ltd | Equity | ₹0.3 Cr | 0.05% |
| SRF Ltd | Equity | ₹0.23 Cr | 0.04% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹0.18 Cr | 0.03% |
| Oil India Ltd | Equity | ₹0.18 Cr | 0.03% |
| Power Grid Corp Of India Ltd | Equity | ₹0.15 Cr | 0.02% |
| Vedanta Ltd | Equity | ₹0.12 Cr | 0.02% |
| NTPC Ltd | Equity | ₹0.05 Cr | 0.01% |
Large Cap Stocks
47.53%
Mid Cap Stocks
19.22%
Small Cap Stocks
8.89%
AAA
AA
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹201.25 Cr | 32.32% |
| Communication Services | ₹46.43 Cr | 7.46% |
| Consumer Cyclical | ₹43.59 Cr | 7.00% |
| Consumer Defensive | ₹35.08 Cr | 5.63% |
| Technology | ₹31.73 Cr | 5.09% |
| Energy | ₹28.66 Cr | 4.60% |
| Basic Materials | ₹28.57 Cr | 4.59% |
| Healthcare | ₹21.23 Cr | 3.41% |
| Industrials | ₹20.92 Cr | 3.36% |
| Utilities | ₹6.9 Cr | 1.11% |
| Real Estate | ₹6.76 Cr | 1.09% |
Standard Deviation
This fund
--
Cat. avg.
0.54%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
0.85
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
2.79
Higher the better
Since November 2024
Since December 2024
Since November 2024
Since July 2025
ISIN INF090I01XS9 | Expense Ratio 0.29% | Exit Load No Charges | Fund Size ₹535 Cr | Age 1 year | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark NIFTY 50 Arbitrage PR INR |
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.
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.

Total AUM
₹1,22,541 Cr
Address
Indiabulls Finance Centre; Tower 2, 12th and 13th Floor, Mumbai, 400 013
Your principal amount will be at Low Risk


Alternative StrategiesArbitrage FundLow Risk
Direct
NAV (27-Nov-25)
Returns (Since Inception)
Fund Size
₹535 Cr
Expense Ratio
0.29%
ISIN
INF090I01XS9
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
19 Nov 2024
Your principal amount will be at Low Risk

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
+7.05%
+6.26% (Cat Avg.)
Since Inception
+7.03%
— (Cat Avg.)
| Equity | ₹405.06 Cr | 75.65% |
| Debt | ₹53.73 Cr | 10.03% |
| Others | ₹76.65 Cr | 14.32% |
All Holdings
Equity
Debt & Others
| Name | Type | Amount | Holdings |
|---|---|---|---|
| ICICI Bank Ltd | Equity | ₹34.22 Cr | 5.49% |
| HDFC Bank Ltd | Equity | ₹30.32 Cr | 4.87% |
| Sammaan Capital Ltd | Equity | ₹25.9 Cr | 4.16% |
| Vodafone Idea Ltd | Equity | ₹25.49 Cr | 4.09% |
| HDFC Securities Limited | Cash - Commercial Paper | ₹24.63 Cr | 3.95% |
| Reliance Industries Ltd | Equity | ₹24.61 Cr | 3.95% |
| Eternal Ltd | Equity | ₹23.13 Cr | 3.71% |
| Franklin India Money Mkt Dir Gr | Mutual Fund - Open End | ₹18.99 Cr | 3.05% |
| RBL Bank Ltd | Equity | ₹17.91 Cr | 2.88% |
| Jubilant Beverages Limited | Bond - Corporate Bond | ₹15.85 Cr | 2.55% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹15.35 Cr | 2.47% |
| 5.63% Govt Stock 2026 | Bond - Gov't/Treasury | ₹15.08 Cr | 2.42% |
| 364 DTB 29012026 | Bond - Gov't/Treasury | ₹14.84 Cr | 2.38% |
| One97 Communications Ltd | Equity | ₹13.75 Cr | 2.21% |
| Axis Bank Ltd | Equity | ₹12.8 Cr | 2.06% |
| State Bank of India | Equity | ₹12.49 Cr | 2.00% |
| ITC Ltd | Equity | ₹10.64 Cr | 1.71% |
| Call, Cash & Other Assets | Cash - Collateral | ₹10.57 Cr | 1.70% |
| Poonawalla Fincorp Limited | Bond - Corporate Bond | ₹10.45 Cr | 1.68% |
| Nestle India Ltd | Equity | ₹10.43 Cr | 1.67% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹9.87 Cr | 1.58% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹9.65 Cr | 1.55% |
| Jubilant Bevco Limited | Bond - Corporate Bond | ₹9.27 Cr | 1.49% |
| Multi Commodity Exchange of India Ltd | Equity | ₹9.06 Cr | 1.46% |
| Hindalco Industries Ltd | Equity | ₹8.66 Cr | 1.39% |
| IDFC First Bank Ltd | Equity | ₹8.28 Cr | 1.33% |
| Kotak Mahindra Bank Ltd | Equity | ₹8.15 Cr | 1.31% |
| Tata Consultancy Services Ltd | Equity | ₹6.85 Cr | 1.10% |
| Godrej Properties Ltd | Equity | ₹6.76 Cr | 1.09% |
| Bajaj Finserv Ltd | Equity | ₹6.15 Cr | 0.99% |
| TVS Motor Co Ltd | Equity | ₹5.69 Cr | 0.91% |
| Larsen & Toubro Ltd | Equity | ₹5.61 Cr | 0.90% |
| Bharti Airtel Ltd | Equity | ₹5.59 Cr | 0.90% |
| Aditya Birla Capital Ltd | Equity | ₹5.55 Cr | 0.89% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹5.42 Cr | 0.87% |
| JSW Energy Ltd | Equity | ₹5.29 Cr | 0.85% |
| HCL Technologies Ltd | Equity | ₹5.13 Cr | 0.82% |
| Tata Consumer Products Ltd | Equity | ₹5.03 Cr | 0.81% |
| 364 DTB 01012026 | Bond - Gov't/Treasury | ₹4.97 Cr | 0.80% |
| 364 DTB 27022026 | Bond - Gov't/Treasury | ₹4.92 Cr | 0.79% |
| India (Republic of) | Bond - Short-term Government Bills | ₹4.9 Cr | 0.79% |
| Punjab National Bank | Equity | ₹4.89 Cr | 0.78% |
| Bharat Electronics Ltd | Equity | ₹4.62 Cr | 0.74% |
| Laurus Labs Ltd | Equity | ₹4.59 Cr | 0.74% |
| Pidilite Industries Ltd | Equity | ₹4.31 Cr | 0.69% |
| LIC Housing Finance Ltd | Equity | ₹4.2 Cr | 0.67% |
| Tata Steel Ltd | Equity | ₹4.03 Cr | 0.65% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹3.97 Cr | 0.64% |
| Trent Ltd | Equity | ₹3.86 Cr | 0.62% |
| Franklin India Liquid Sup Inst Dir Gr | Mutual Fund - Open End | ₹3.62 Cr | 0.58% |
| Patanjali Foods Ltd | Equity | ₹3.6 Cr | 0.58% |
| PNB Housing Finance Ltd | Equity | ₹3.51 Cr | 0.56% |
| Varun Beverages Ltd | Equity | ₹3.33 Cr | 0.53% |
| Mahindra & Mahindra Ltd | Equity | ₹3.25 Cr | 0.52% |
| Coforge Ltd | Equity | ₹3.24 Cr | 0.52% |
| Jio Financial Services Ltd | Equity | ₹3.03 Cr | 0.49% |
| Steel Authority Of India Ltd | Equity | ₹3 Cr | 0.48% |
| JSW Steel Ltd | Equity | ₹2.92 Cr | 0.47% |
| Yes Bank Ltd | Equity | ₹2.8 Cr | 0.45% |
| Cipla Ltd | Equity | ₹2.76 Cr | 0.44% |
| Bharat Dynamics Ltd Ordinary Shares | Equity | ₹2.62 Cr | 0.42% |
| Titan Co Ltd | Equity | ₹2.48 Cr | 0.40% |
| HFCL Ltd | Equity | ₹2.45 Cr | 0.39% |
| NMDC Ltd | Equity | ₹2.38 Cr | 0.38% |
| Petronet LNG Ltd | Equity | ₹2.22 Cr | 0.36% |
| Bank of India | Equity | ₹2.13 Cr | 0.34% |
| Manappuram Finance Ltd | Equity | ₹1.94 Cr | 0.31% |
| IndusInd Bank Ltd | Equity | ₹1.84 Cr | 0.30% |
| Margin On Derivatives | Cash - Collateral | ₹-1.73 Cr | 0.28% |
| Bharat Heavy Electricals Ltd | Equity | ₹1.7 Cr | 0.27% |
| Bosch Ltd | Equity | ₹1.66 Cr | 0.27% |
| Hindustan Petroleum Corp Ltd | Equity | ₹1.66 Cr | 0.27% |
| Bandhan Bank Ltd | Equity | ₹1.61 Cr | 0.26% |
| Marico Ltd | Equity | ₹1.6 Cr | 0.26% |
| REC Ltd | Equity | ₹1.55 Cr | 0.25% |
| Divi's Laboratories Ltd | Equity | ₹1.43 Cr | 0.23% |
| Jindal Steel Ltd | Equity | ₹1.41 Cr | 0.23% |
| Tata Power Co Ltd | Equity | ₹1.41 Cr | 0.23% |
| Maruti Suzuki India Ltd | Equity | ₹1.33 Cr | 0.21% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹1.29 Cr | 0.21% |
| BSE Ltd | Equity | ₹1.27 Cr | 0.20% |
| Glenmark Pharmaceuticals Ltd | Equity | ₹1.21 Cr | 0.19% |
| CG Power & Industrial Solutions Ltd | Equity | ₹1.14 Cr | 0.18% |
| UltraTech Cement Ltd | Equity | ₹0.95 Cr | 0.15% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹0.93 Cr | 0.15% |
| Asian Paints Ltd | Equity | ₹0.8 Cr | 0.13% |
| Indian Energy Exchange Ltd | Equity | ₹0.77 Cr | 0.12% |
| Aurobindo Pharma Ltd | Equity | ₹0.67 Cr | 0.11% |
| Kalyan Jewellers India Ltd | Equity | ₹0.52 Cr | 0.08% |
| GMR Airports Ltd | Equity | ₹0.47 Cr | 0.08% |
| United Spirits Ltd | Equity | ₹0.46 Cr | 0.07% |
| Housing & Urban Development Corp Ltd | Equity | ₹0.44 Cr | 0.07% |
| PB Fintech Ltd | Equity | ₹0.43 Cr | 0.07% |
| Polycab India Ltd | Equity | ₹0.38 Cr | 0.06% |
| Indian Hotels Co Ltd | Equity | ₹0.36 Cr | 0.06% |
| Mphasis Ltd | Equity | ₹0.3 Cr | 0.05% |
| SRF Ltd | Equity | ₹0.23 Cr | 0.04% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹0.18 Cr | 0.03% |
| Oil India Ltd | Equity | ₹0.18 Cr | 0.03% |
| Power Grid Corp Of India Ltd | Equity | ₹0.15 Cr | 0.02% |
| Vedanta Ltd | Equity | ₹0.12 Cr | 0.02% |
| NTPC Ltd | Equity | ₹0.05 Cr | 0.01% |
Large Cap Stocks
47.53%
Mid Cap Stocks
19.22%
Small Cap Stocks
8.89%
AAA
AA
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹201.25 Cr | 32.32% |
| Communication Services | ₹46.43 Cr | 7.46% |
| Consumer Cyclical | ₹43.59 Cr | 7.00% |
| Consumer Defensive | ₹35.08 Cr | 5.63% |
| Technology | ₹31.73 Cr | 5.09% |
| Energy | ₹28.66 Cr | 4.60% |
| Basic Materials | ₹28.57 Cr | 4.59% |
| Healthcare | ₹21.23 Cr | 3.41% |
| Industrials | ₹20.92 Cr | 3.36% |
| Utilities | ₹6.9 Cr | 1.11% |
| Real Estate | ₹6.76 Cr | 1.09% |
Standard Deviation
This fund
--
Cat. avg.
0.54%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
0.85
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
2.79
Higher the better
Since November 2024
Since December 2024
Since November 2024
Since July 2025
ISIN INF090I01XS9 | Expense Ratio 0.29% | Exit Load No Charges | Fund Size ₹535 Cr | Age 1 year | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark NIFTY 50 Arbitrage PR INR |
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.
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.

Total AUM
₹1,22,541 Cr
Address
Indiabulls Finance Centre; Tower 2, 12th and 13th Floor, Mumbai, 400 013
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