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Fund Overview

Fund Size

Fund Size

₹85 Cr

Expense Ratio

Expense Ratio

0.23%

ISIN

ISIN

INF666M01ON8

Minimum SIP

Minimum SIP

₹500

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

29 Apr 2026

About this fund

Groww Arbitrage Fund Direct Growth is a Arbitrage Fund mutual fund schemes offered by Groww Mutual Fund. This fund has been in existence for 2 months and 7 days, having been launched on 29-Apr-26.
As of 03-Jul-26, it has a Net Asset Value (NAV) of ₹10.12, Assets Under Management (AUM) of 84.80 Crores, and an expense ratio of 0.23%.
  • Groww Arbitrage Fund Direct Growth has given a CAGR return of 1.11% since inception.
  • The fund's asset allocation comprises around -0.62% in equities, 0.05% in debts, and 100.56% in cash & cash equivalents.
  • You can start investing in Groww Arbitrage Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.

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.

Since Inception

+1.11%

(Cat Avg.)

Portfolio Summaryas of 31st May 2026

Equity-0.52 Cr-0.62%
Debt0.04 Cr0.05%
Others85.28 Cr100.56%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Net Receivable/PayableCash - Collateral67.06 Cr79.08%
Groww Liquid Fund Dir GrMutual Fund - Open End16.05 Cr18.93%
ICICI Bank LtdEquity5.63 Cr6.64%
HDFC Bank LtdEquity4.88 Cr5.76%
Hindalco Industries LtdEquity4.26 Cr5.02%
Tvs Motor Company Limited 28/07/2026Equity - Future-4.13 Cr4.88%
TVS Motor Co LtdEquity4.05 Cr4.78%
Hindalco Industries Limited 28/07/2026Equity - Future-3.52 Cr4.15%
Icici Bank Limited 30/06/2026Equity - Future-3.2 Cr3.77%
Eicher Motors LtdEquity3.16 Cr3.72%
Bharti Airtel Limited 30/06/2026Equity - Future-2.98 Cr3.51%
Axis Bank LtdEquity2.98 Cr3.51%
Bharti Airtel LtdEquity2.95 Cr3.48%
Hdfc Bank Limited 30/06/2026Equity - Future-2.93 Cr3.46%
Axis Bank Limited 30/06/2026Equity - Future-2.93 Cr3.45%
Grasim Industries LtdEquity2.89 Cr3.41%
Reliance Industries Limited 28/07/2026Equity - Future-2.68 Cr3.16%
Reliance Industries LtdEquity2.64 Cr3.12%
Icici Bank Limited 28/07/2026Equity - Future-2.51 Cr2.95%
Treps 01-Jun-2026Cash - Repurchase Agreement2.46 Cr2.90%
Bank Of Baroda 30/06/2026Equity - Future-2.22 Cr2.62%
Bank of BarodaEquity2.2 Cr2.59%
Apollo Hospitals Enterprise LtdEquity2.15 Cr2.53%
Varun Beverages LtdEquity2.15 Cr2.53%
Hdfc Bank Limited 28/07/2026Equity - Future-1.94 Cr2.29%
Sun Pharmaceutical Industries Limited 30/06/2026Equity - Future-1.91 Cr2.25%
Sun Pharmaceuticals Industries LtdEquity1.89 Cr2.23%
Hindustan Aeronautics Limited 28/07/2026Equity - Future-1.71 Cr2.01%
Hindustan Aeronautics Ltd Ordinary SharesEquity1.68 Cr1.98%
Eicher Motors Limited 28/07/2026Equity - Future-1.68 Cr1.98%
HDFC Life Insurance Co LtdEquity1.64 Cr1.93%
Grasim Industries Limited 30/06/2026Equity - Future-1.58 Cr1.86%
Maruti Suzuki India LtdEquity1.58 Cr1.86%
Kotak Mahindra Bank Limited 30/06/2026Equity - Future-1.55 Cr1.83%
Kotak Mahindra Bank LtdEquity1.54 Cr1.81%
Eicher Motors Limited 30/06/2026Equity - Future-1.53 Cr1.80%
Hdfc Life Insurance Company Limited 30/06/2026Equity - Future-1.51 Cr1.79%
Grasim Industries Limited 28/07/2026Equity - Future-1.35 Cr1.59%
Jio Financial Services LtdEquity1.35 Cr1.59%
Apollo Hospitals Enterprise Limited 30/06/2026Equity - Future-1.34 Cr1.59%
Jio Financial Services Limited 30/06/2026Equity - Future-1.3 Cr1.54%
Oil & Natural Gas Corp LtdEquity1.25 Cr1.48%
Bharat Electronics LtdEquity1.23 Cr1.45%
Oil & Natural Gas Corporation Limited 30/06/2026Equity - Future-1.21 Cr1.42%
Ultratech Cement Limited 30/06/2026Equity - Future-1.16 Cr1.37%
UltraTech Cement LtdEquity1.15 Cr1.35%
Varun Beverages Limited 30/06/2026Equity - Future-1.08 Cr1.28%
Indus Towers Limited 30/06/2026Equity - Future-1.06 Cr1.25%
Indus Towers Ltd Ordinary SharesEquity1.05 Cr1.24%
Varun Beverages Limited 28/07/2026Equity - Future-1.03 Cr1.21%
Coforge Limited 30/06/2026Equity - Future-1.02 Cr1.21%
Punjab National BankEquity1.02 Cr1.20%
Coforge LtdEquity1.01 Cr1.19%
Bharat Petroleum Corporation Limited 30/06/2026Equity - Future-1.01 Cr1.19%
Bharat Petroleum Corp LtdEquity1 Cr1.18%
Mahindra & Mahindra LtdEquity0.97 Cr1.15%
State Bank Of India 28/07/2026Equity - Future-0.95 Cr1.13%
Bharat Electronics Limited 30/06/2026Equity - Future-0.95 Cr1.12%
State Bank of IndiaEquity0.94 Cr1.11%
Mahindra & Mahindra Limited 25/08/2026Equity - Future-0.93 Cr1.09%
Apl Apollo Tubes Limited 28/07/2026Equity - Future-0.91 Cr1.08%
APL Apollo Tubes LtdEquity0.9 Cr1.06%
NTPC LtdEquity0.87 Cr1.03%
Dlf Limited 30/06/2026Equity - Future-0.84 Cr0.99%
Apollo Hospitals Enterprise Limited 28/07/2026Equity - Future-0.83 Cr0.98%
DLF LtdEquity0.83 Cr0.98%
Maruti Suzuki India Limited 25/08/2026Equity - Future-0.8 Cr0.94%
Maruti Suzuki India Limited 30/06/2026Equity - Future-0.8 Cr0.94%
Hindalco Industries Limited 30/06/2026Equity - Future-0.72 Cr0.85%
Hdfc Asset Management Company Limited 28/07/2026Equity - Future-0.65 Cr0.77%
HDFC Asset Management Co LtdEquity0.64 Cr0.76%
Bajaj Finance Limited 25/08/2026Equity - Future-0.55 Cr0.65%
Bajaj Finance LtdEquity0.54 Cr0.64%
Ntpc Limited 30/06/2026Equity - Future-0.53 Cr0.62%
Punjab National Bank 30/06/2026Equity - Future-0.51 Cr0.61%
Punjab National Bank 25/08/2026Equity - Future-0.43 Cr0.51%
Indian Oil Corporation Limited 30/06/2026Equity - Future-0.42 Cr0.49%
Indian Oil Corp LtdEquity0.41 Cr0.48%
United Spirits LtdEquity0.36 Cr0.42%
Ntpc Limited 28/07/2026Equity - Future-0.35 Cr0.42%
United Spirits Limited 30/06/2026Equity - Future-0.31 Cr0.36%
Bharat Electronics Limited 28/07/2026Equity - Future-0.3 Cr0.35%
Hero MotoCorp LtdEquity0.29 Cr0.35%
Hero Motocorp Limited 30/06/2026Equity - Future-0.22 Cr0.26%
Fortis Healthcare Limited 30/06/2026Equity - Future-0.22 Cr0.26%
Fortis Healthcare LtdEquity0.22 Cr0.25%
Titan Company Limited 30/06/2026Equity - Future-0.22 Cr0.25%
Titan Co LtdEquity0.21 Cr0.25%
Hindustan Unilever Limited 28/07/2026Equity - Future-0.2 Cr0.23%
Hindustan Unilever LtdEquity0.19 Cr0.23%
Power Grid Corporation of India Ltd.Bond - Gov't Agency Debt-0.17 Cr0.20%
Power Grid Corp Of India LtdEquity0.17 Cr0.20%
Godrej Consumer Products Limited 28/07/2026Equity - Future-0.16 Cr0.19%
Godrej Consumer Products LtdEquity0.15 Cr0.18%
Hdfc Life Insurance Company Limited 25/08/2026Equity - Future-0.13 Cr0.16%
Punjab National Bank 28/07/2026Equity - Future-0.09 Cr0.10%
Axis Bank Ltd.Bond - Corporate Bond-0.08 Cr0.10%
Hindalco Industries Limited 25/08/2026Equity - Future-0.08 Cr0.09%
Hero Motocorp Limited 25/08/2026Equity - Future-0.07 Cr0.09%
Yes Bank Ltd 25/08/2026Equity - Future-0.07 Cr0.09%
The Federal Bank LtdEquity0.07 Cr0.09%
The Federal Bank Limited 30/06/2026Equity - Future-0.07 Cr0.09%
Yes Bank LtdEquity0.07 Cr0.08%
Varun Beverages Limited 25/08/2026Equity - Future-0.07 Cr0.08%
Mphasis Limited 30/06/2026Equity - Future-0.06 Cr0.07%
Mphasis LtdEquity0.06 Cr0.07%
Mahindra & Mahindra Limited 28/07/2026Equity - Future-0.06 Cr0.07%
Oil & Natural Gas Corporation Limited 25/08/2026Equity - Future-0.06 Cr0.07%
Jio Financial Services Limited 25/08/2026Equity - Future-0.06 Cr0.07%
Gail (India) Limited 30/06/2026Equity - Future-0.05 Cr0.06%
GAIL (India) LtdEquity0.05 Cr0.06%
United Spirits Limited 25/08/2026Equity - Future-0.05 Cr0.06%

Allocation By Credit Quality (Debt)

AAA

UNRATED

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services23.5 Cr27.71%
Consumer Cyclical10.27 Cr12.11%
Basic Materials9.19 Cr10.84%
Energy5.31 Cr6.26%
Healthcare4.25 Cr5.01%
Communication Services4.01 Cr4.72%
Industrials2.91 Cr3.43%
Consumer Defensive2.85 Cr3.36%
Utilities1.09 Cr1.28%
Technology1.08 Cr1.27%
Real Estate0.83 Cr0.98%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

0.57%

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

0.81

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.68

Higher the better

Fund Managers

Paras Matalia

Paras Matalia

Since April 2026

WG

Wilfred Gonsalves

Since April 2026

SK

Shashi Kumar

Since April 2026

Additional Scheme Detailsas of 31st May 2026

ISIN
INF666M01ON8
Expense Ratio
0.23%
Exit Load
No Charges
Fund Size
₹85 Cr
Age
2 months
Lumpsum Minimum
₹500
Fund Status
Open Ended Investment Company
Benchmark
NIFTY 50 Arbitrage TR INR

Investment ObjectiveInvestment 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

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

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.

Similar Arbitrage Fund Funds

Fund nameExpense RatioExit LoadFund size
1Y
Groww Arbitrage Fund Regular Growth

Low Risk

1.0%0.0%₹84.80 Cr-
Groww Arbitrage Fund Direct Growth

Low Risk

0.2%0.0%₹84.80 Cr-
Helios Arbitrage Fund Regular Growth

Low Risk

1.0%0.0%₹143.91 Cr-
Helios Arbitrage Fund Direct Growth

Low Risk

0.5%0.0%₹143.91 Cr-
Capitalmind Arbitrage Fund Regular Growth

Low Risk

1.0%0.0%₹20.28 Cr-
Capitalmind Arbitrage Fund Direct Growth

Low Risk

0.2%0.0%₹20.28 Cr-
JioBlackRock Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹529.54 Cr-
Old Bridge Arbitrage Fund Direct Growth

Low Risk

0.1%0.0%₹173.88 Cr-
Old Bridge Arbitrage Fund Regular Growth

Low Risk

0.8%0.0%₹173.88 Cr-
The Wealth Company Arbitrage Fund Regular Growth

Low to Moderate Risk

0.8%0.0%₹147.17 Cr-
The Wealth Company Arbitrage Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹147.17 Cr-
TRUSTMF Arbitrage Fund Direct Growth

Low Risk

0.2%0.0%₹86.08 Cr-
TRUSTMF Arbitrage Fund Regular Growth

Low Risk

0.8%0.0%₹86.08 Cr-
Quant Arbitrage Fund Direct Growth

Low Risk

1.6%0.0%₹408.17 Cr7.5%
Quant Arbitrage Fund Regular Growth

Low Risk

2.2%0.0%₹408.17 Cr6.9%
f Motilal Oswal Arbitrage Fund Regular Growth

Low Risk

1.2%0.0%₹2672.46 Cr6.0%
f Motilal Oswal Arbitrage Fund Direct Growth

Low Risk

0.1%0.0%₹2672.46 Cr7.0%
Samco Arbitrage Fund Regular Growth

Low Risk

7.1%0.0%₹33.09 Cr3.8%
Samco Arbitrage Fund Direct Growth

Low Risk

5.7%0.0%₹33.09 Cr5.1%
Franklin India Arbitrage Fund Direct Growth

Low Risk

0.2%0.0%₹1380.36 Cr6.9%
Franklin India Arbitrage Fund Regular Growth

Low Risk

0.9%0.0%₹1380.36 Cr6.2%
WhiteOak Capital Arbitrage Fund Regular Growth

Low Risk

1.0%0.0%₹1435.03 Cr6.1%
WhiteOak Capital Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹1435.03 Cr6.9%
Parag Parikh Arbitrage Fund Direct Growth

Low Risk

0.2%0.0%₹2510.12 Cr6.4%
Parag Parikh Arbitrage Fund Regular Growth

Low Risk

0.5%0.0%₹2510.12 Cr6.0%
Bajaj Finserv Arbitrage Fund Regular Growth

Low Risk

0.9%0.0%₹1158.47 Cr5.8%
Bajaj Finserv Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹1158.47 Cr6.6%
SBI Arbitrage Opportunities Fund Direct Growth

Low Risk

1.8%0.0%₹43265.65 Cr6.5%
Bandhan Arbitrage Fund Regular Growth

Low Risk

0.9%0.0%₹8188.89 Cr5.7%
Nippon India Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹16184.40 Cr6.6%
JM Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹369.07 Cr6.3%
Invesco India Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹28062.44 Cr6.8%
Kotak Equity Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹72079.17 Cr6.7%
LIC MF Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹239.22 Cr6.6%
LIC MF Arbitrage Fund Regular Growth

Low Risk

0.8%0.0%₹239.22 Cr5.9%
JM Arbitrage Fund Regular Growth

Low Risk

0.9%0.0%₹369.07 Cr5.6%
ICICI Prudential Equity Arbitrage Fund Regular Growth

Low Risk

0.8%0.0%₹32260.19 Cr6.0%
SBI Arbitrage Opportunities Fund Regular Growth

Low Risk

2.3%0.0%₹43265.65 Cr6.0%
UTI Arbitrage Fund Regular Growth

Low Risk

4.4%0.0%₹10990.93 Cr6.0%
NJ Arbitrage Fund Regular Growth

Low Risk

0.9%0.0%₹270.68 Cr5.5%
NJ Arbitrage Fund Direct Growth

Low Risk

0.2%0.0%₹270.68 Cr6.3%
Bandhan Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹8188.89 Cr6.4%
Axis Arbitrage Fund Regular Growth

Low Risk

1.0%0.0%₹9781.35 Cr5.9%
Axis Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹9781.35 Cr6.6%
UTI Arbitrage Fund Direct Growth

Low Risk

3.9%0.0%₹10990.93 Cr6.6%
Union Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹242.48 Cr6.4%
Union Arbitrage Fund Regular Growth

Low Risk

0.7%0.0%₹242.48 Cr5.7%
Aditya Birla Sun Life Arbitrage Fund Regular Growth

Low Risk

0.9%0.0%₹26280.08 Cr5.9%
Aditya Birla Sun Life Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹26280.08 Cr6.7%
ICICI Prudential Equity Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹32260.19 Cr6.6%

About the AMC

Groww Mutual Fund

Groww Mutual Fund

Total AUM

₹5,831 Cr

Address

Jupiter Mills Compound Senapati Bapat Marg, Mumbai, 400013

Other Funds by Groww Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Groww Nifty Smallcap 250 Momentum Quality 100 Index Fund Direct Growth

Very High Risk

-0.0%--
Groww Nifty Private Bank Index Fund Direct Growth

Very High Risk

0.4%0.0%₹5.84 Cr-
Groww Arbitrage Fund Direct Growth

Low Risk

0.2%0.0%₹84.80 Cr-
Groww Nifty PSU Bank Index Fund Direct Growth

Very High Risk

0.5%0.0%₹7.62 Cr-
Groww BSE Hospitals ETF FOF Direct Growth

Very High Risk

0.1%0.0%₹20.60 Cr-
Groww Nifty PSE ETF FOF Direct Growth

Very High Risk

0.2%0.0%₹11.98 Cr-
Groww Small Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹343.33 Cr-
Groww Multi Asset Omni FOF Direct Growth

Very High Risk

0.2%0.0%₹76.17 Cr-
Groww Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹43.19 Cr-
Groww Nifty Midcap 150 Index Fund Direct Growth

Very High Risk

0.4%0.0%₹14.36 Cr-
Groww Nifty Capital Markets ETF FOF Direct Growth

Very High Risk

0.1%0.0%₹16.92 Cr-
Groww Multi Asset Allocation Fund Direct Growth

Very High Risk

0.6%1.0%₹409.36 Cr-
Groww Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹9.37 Cr-
Groww BSE Power ETF FOF Direct Growth

Very High Risk

0.2%0.0%₹31.90 Cr-
Groww Nifty 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹23.03 Cr-
Groww Nifty India Internet ETF FOF Direct Growth

Very High Risk

0.2%0.0%₹12.40 Cr-3.9%
Groww Silver ETF FOF Direct Growth

Very High Risk

0.2%1.0%₹94.58 Cr105.6%
Groww Gilt Fund Direct Growth

Moderate Risk

0.6%0.0%₹34.83 Cr1.5%
Groww Nifty 500 Momentum 50 ETF FoF Direct Growth

Very High Risk

0.1%1.0%₹9.30 Cr-3.5%
Groww Nifty 200 ETF FoF Direct Growth

Very High Risk

0.1%1.0%₹6.68 Cr-1.2%
Groww Nifty India Railways PSU Index Fund Direct Growth

Very High Risk

0.6%1.0%₹50.61 Cr-23.8%
Groww Multicap Fund Direct Growth

Very High Risk

1.0%1.0%₹575.30 Cr14.7%
Groww Gold ETF FOF Direct Growth

High Risk

0.1%1.0%₹121.40 Cr46.4%
Groww Nifty India Defence ETF FoF Direct Growth

Very High Risk

0.1%1.0%₹133.72 Cr8.2%
Groww Nifty EV & New Age Automotive ETF FoF Direct Growth

Very High Risk

0.1%1.0%₹163.75 Cr6.7%
Groww Nifty Non-Cyclical Consumer Index Fund Direct Growth

Very High Risk

0.6%1.0%₹40.56 Cr-4.8%
Groww Nifty Smallcap 250 Index Fund Direct Growth

Very High Risk

0.5%0.0%₹127.98 Cr1.6%
Groww Banking & Financial Services Fund Direct Growth

Very High Risk

0.5%1.0%₹70.14 Cr10.3%
Groww Nifty Total Market Index Fund Direct Growth

Very High Risk

0.6%0.0%₹353.29 Cr-0.2%
Groww FMP Series VI (Plan 2) 1135 Days Direct Growth

Moderate Risk

----
Groww Short Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹93.62 Cr5.7%
Groww Large Cap Fund Direct Growth

Very High Risk

1.1%1.0%₹128.83 Cr0.9%
Groww Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹262.10 Cr6.4%
Groww Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹2.49 Cr5.8%
Groww ELSS Tax Saver Fund Direct Growth

Very High Risk

0.9%0.0%₹49.71 Cr-4.1%
Groww Dynamic Bond Fund Direct Growth

Moderate Risk

0.5%0.0%₹37.40 Cr2.9%
Groww Aggressive Hybrid Fund Direct Growth

Very High Risk

1.5%1.0%₹50.31 Cr-0.3%
Groww Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹211.72 Cr5.3%
Groww Value Fund Direct Growth

Very High Risk

1.0%1.0%₹67.75 Cr1.6%
Groww Multi Cap Fund Direct Growth

Moderately High risk

0.5%0.0%--

Risk Level

Your principal amount will be at Low Risk

Low Risk

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What is the current NAV of Groww Arbitrage Fund Direct Growth?

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The NAV of Groww Arbitrage Fund Direct Growth, as of 03-Jul-2026, is ₹10.12.
The fund's allocation of assets is distributed as -0.62% in equities, 0.05% in bonds, and 100.56% in cash and cash equivalents.
The fund managers responsible for Groww Arbitrage Fund Direct Growth are:-
  1. Paras Matalia
  2. Wilfred Gonsalves
  3. Shashi Kumar
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