ITI Arbitrage Fund Direct Growth
AlternativeArbitrage FundLow Risk
Direct
NAV (18-Jun-25)
₹13.51-0.01%1D
Returns (Since Inception)
5.32%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹48 Cr
Expense Ratio
0.21%
ISIN
INF00XX01440
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
09 Sep 2019
About this fund
ITI Arbitrage Fund Direct Growth is a Arbitrage Fund mutual fund schemes offered by ITI Mutual Fund. This fund has been in existence for 5 years, 9 months and 10 days, having been launched on 09-Sep-19.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹13.51, Assets Under Management (AUM) of 47.66 Crores, and an expense ratio of 0.21%.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹13.51, Assets Under Management (AUM) of 47.66 Crores, and an expense ratio of 0.21%.
- ITI Arbitrage Fund Direct Growth has given a CAGR return of 5.32% since inception.
- The fund's asset allocation comprises around -0.29% in equities, 0.00% in debts, and 100.24% in cash & cash equivalents.
- You can start investing in ITI Arbitrage Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
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
+7.66%
+6.75% (Cat Avg.)
3 Years
+6.94%
+6.81% (Cat Avg.)
5 Years
+5.38%
+5.49% (Cat Avg.)
Since Inception
+5.32%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2025
| Equity | ₹-0.14 Cr | -0.29% |
| Others | ₹47.79 Cr | 100.29% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹34.43 Cr | 72.25% |
| ITI Liquid Dir Gr | Mutual Fund - Open End | ₹8.86 Cr | 18.60% |
| Net Receivables / (Payables) | Cash | ₹3.04 Cr | 6.38% |
| Ambuja Cements Limited | Equity - Future | ₹-2.84 Cr | 5.97% |
| Ambuja Cements Ltd | Equity | ₹2.84 Cr | 5.96% |
| Multi Commodity Exchange Of India Limited | Equity - Future | ₹-2.65 Cr | 5.57% |
| Multi Commodity Exchange of India Ltd | Equity | ₹2.64 Cr | 5.54% |
| One 97 Communications Limited | Equity - Future | ₹-2.5 Cr | 5.24% |
| One97 Communications Ltd | Equity | ₹2.49 Cr | 5.22% |
| Vedanta Limited | Equity - Future | ₹-2.46 Cr | 5.17% |
| Vedanta Ltd | Equity | ₹2.45 Cr | 5.15% |
| Power Finance Corporation Limited | Equity - Future | ₹-2.01 Cr | 4.22% |
| Power Finance Corp Ltd | Equity | ₹2.01 Cr | 4.21% |
| Adani Ports & Special Economic Zone Ltd | Equity | ₹1.83 Cr | 3.85% |
| Adani Ports And Special Economic Zone Limited | Equity - Future | ₹-1.83 Cr | 3.85% |
| Idfc First Bank Limited | Equity - Future | ₹-1.74 Cr | 3.66% |
| IDFC First Bank Ltd | Equity | ₹1.73 Cr | 3.64% |
| Steel Authority Of India Limited | Equity - Future | ₹-1.66 Cr | 3.49% |
| Steel Authority Of India Ltd | Equity | ₹1.65 Cr | 3.47% |
| Jsw Energy Limited | Equity - Future | ₹-1.47 Cr | 3.08% |
| JSW Energy Ltd | Equity | ₹1.46 Cr | 3.07% |
| Treps 02-Jun-2025 | Cash - Repurchase Agreement | ₹1.46 Cr | 3.06% |
| Rec Limited | Equity - Future | ₹-1.46 Cr | 3.06% |
| REC Ltd | Equity | ₹1.45 Cr | 3.04% |
| Indus Towers Limited | Equity - Future | ₹-1.31 Cr | 2.76% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹1.31 Cr | 2.74% |
| Hindustan Petroleum Corporation Limited | Equity - Future | ₹-1.26 Cr | 2.64% |
| Hindustan Petroleum Corp Ltd | Equity | ₹1.25 Cr | 2.62% |
| Lupin Limited | Equity - Future | ₹-1 Cr | 2.10% |
| Lupin Ltd | Equity | ₹1 Cr | 2.10% |
| State Bank Of India | Equity - Future | ₹-0.98 Cr | 2.06% |
| State Bank of India | Equity | ₹0.97 Cr | 2.05% |
| Canara Bank | Equity - Future | ₹-0.93 Cr | 1.96% |
| Canara Bank | Equity | ₹0.93 Cr | 1.95% |
| Shriram Finance Limited | Equity - Future | ₹-0.87 Cr | 1.82% |
| Shriram Finance Ltd | Equity | ₹0.86 Cr | 1.81% |
| Larsen & Toubro Ltd | Equity | ₹0.77 Cr | 1.62% |
| Larsen & Toubro Limited | Equity - Future | ₹-0.77 Cr | 1.61% |
| Balkrishna Industries Limited | Equity - Future | ₹-0.75 Cr | 1.57% |
| Balkrishna Industries Ltd | Equity | ₹0.74 Cr | 1.56% |
| Max Financial Services Limited | Equity - Future | ₹-0.72 Cr | 1.52% |
| Max Financial Services Ltd | Equity | ₹0.72 Cr | 1.51% |
| Infosys Limited | Equity - Future | ₹-0.69 Cr | 1.45% |
| Infosys Ltd | Equity | ₹0.69 Cr | 1.44% |
| Dabur India Limited | Equity - Future | ₹-0.67 Cr | 1.40% |
| Dabur India Ltd | Equity | ₹0.66 Cr | 1.39% |
| Bajaj Auto Limited | Equity - Future | ₹-0.65 Cr | 1.36% |
| Bajaj Auto Ltd | Equity | ₹0.65 Cr | 1.35% |
| Hcl Technologies Limited | Equity - Future | ₹-0.58 Cr | 1.21% |
| HCL Technologies Ltd | Equity | ₹0.57 Cr | 1.20% |
| Mazagon Dock Shipbuilders Limited | Equity - Future | ₹-0.49 Cr | 1.03% |
| Mazagon Dock Shipbuilders Ltd | Equity | ₹0.49 Cr | 1.02% |
| Icici Lombard General Insurance Company Limited | Equity - Future | ₹-0.47 Cr | 0.99% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹0.47 Cr | 0.98% |
| Cg Power And Industrial Solutions Limited | Equity - Future | ₹-0.45 Cr | 0.94% |
| CG Power & Industrial Solutions Ltd | Equity | ₹0.45 Cr | 0.94% |
| Oil India Limited | Equity - Future | ₹-0.41 Cr | 0.87% |
| Sun Pharmaceutical Industries Limited | Equity - Future | ₹-0.41 Cr | 0.87% |
| Oil India Ltd | Equity | ₹0.41 Cr | 0.87% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹0.41 Cr | 0.86% |
| The Phoenix Mills Limited | Equity - Future | ₹-0.38 Cr | 0.79% |
| Phoenix Mills Ltd | Equity | ₹0.38 Cr | 0.79% |
Allocation By Market Cap (Equity)
Large Cap Stocks
62.04%
Mid Cap Stocks
3.35%
Small Cap Stocks
--
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹11.79 Cr | 24.73% |
| Basic Materials | ₹6.95 Cr | 14.58% |
| Technology | ₹3.75 Cr | 7.87% |
| Industrials | ₹3.54 Cr | 7.43% |
| Energy | ₹1.66 Cr | 3.49% |
| Utilities | ₹1.46 Cr | 3.07% |
| Healthcare | ₹1.41 Cr | 2.96% |
| Consumer Cyclical | ₹1.39 Cr | 2.91% |
| Communication Services | ₹1.31 Cr | 2.74% |
| Consumer Defensive | ₹0.66 Cr | 1.39% |
| Real Estate | ₹0.38 Cr | 0.79% |
Risk & Performance Ratios
Standard Deviation
This fund
0.66%
Cat. avg.
0.67%
Lower the better
Sharpe Ratio
This fund
0.15
Cat. avg.
0.14
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.48
Higher the better
Fund Managers
Additional Scheme Detailsas of 31st May 2025
ISIN | INF00XX01440 | Expense Ratio | 0.21% | Exit Load | No Charges | Fund Size | ₹48 Cr | Age | 5 years 9 months | Lumpsum Minimum | ₹5,000 | 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:
- For investments made on or after 1 April 2023: The entire capital gain is added to the investor's income and is taxed based on the applicable income tax slab.
- For investments made before 1 April 2023:
- If sold within 2 years of investment: The capital gains are added to the investor's income and taxed according to the applicable tax slab.
- If sold after 2 years of investment: The capital gains are taxed at a flat rate of 12.5%.
- Holding the units: No tax is applicable as long as you hold the units.
Dividend Taxation:
Dividends are considered part of the investor’s income and are taxed according to their applicable tax slab. Additionally, if an investor’s dividend income exceeds INR 5,000 in a financial year, a 10% Tax Deducted at Source (TDS) is withheld by the fund house before distributing the dividend.
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 name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Baroda BNP Paribas Income Plus Arbitrage Active Fund of Fund Regular Growth Moderate Risk | 0.3% | 0.0% | ₹79.54 Cr | - |
| Baroda BNP Paribas Income Plus Arbitrage Active Fund of Fund Direct Growth Moderate Risk | 0.1% | 0.0% | ₹79.54 Cr | - |
| Quant Arbitrage Fund Direct Growth Low Risk | 0.4% | 0.0% | ₹102.74 Cr | - |
| Quant Arbitrage Fund Regular Growth Low Risk | 0.9% | 0.0% | ₹102.74 Cr | - |
| f Motilal Oswal Arbitrage Fund Regular Growth Low Risk | 1.0% | 0.0% | ₹719.70 Cr | - |
| f Motilal Oswal Arbitrage Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹719.70 Cr | - |
| Samco Arbitrage Fund Regular Growth Low Risk | 1.6% | 0.0% | ₹37.82 Cr | - |
| Samco Arbitrage Fund Direct Growth Low Risk | 0.4% | 0.0% | ₹37.82 Cr | - |
| Franklin India Arbitrage Fund Direct Growth Low Risk | 0.3% | 0.0% | ₹313.65 Cr | - |
| Franklin India Arbitrage Fund Regular Growth Low Risk | 1.0% | 0.0% | ₹313.65 Cr | - |
About the AMC
Other Funds by ITI Mutual Fund
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| ITI Focused Equity Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹510.76 Cr | 6.6% |
| ITI Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹70.48 Cr | 7.1% |
| ITI Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹162.92 Cr | 7.7% |
| ITI Multi Cap Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹1200.64 Cr | 0.3% |
| ITI Value Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹323.27 Cr | -2.9% |
| ITI Conservative Hybrid Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹14.80 Cr | 8.9% |
| ITI Dynamic Bond Fund Direct Growth Moderate Risk | 0.1% | 0.0% | ₹39.60 Cr | 9.7% |
| ITI Balanced Advantage Fund Direct Growth Moderately High risk | 0.6% | 0.0% | ₹395.22 Cr | 7.9% |
| ITI Small Cap Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹2504.41 Cr | 4.6% |
| ITI Large Cap Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹538.94 Cr | 0.9% |
| ITI Banking & PSU Debt Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹35.98 Cr | 9.0% |
| ITI Banking and Financial Services Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹306.69 Cr | 13.7% |
| ITI Arbitrage Fund Direct Growth Low Risk | 0.2% | 0.0% | ₹47.66 Cr | 7.7% |
| ITI Overnight Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹12.03 Cr | 6.2% |
| ITI Mid Cap Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹1200.64 Cr | -1.0% |
| ITI Long Term Equity Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹418.87 Cr | 2.0% |
| ITI Pharma and Healthcare Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹220.85 Cr | 16.3% |
| ITI Flexi Cap Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹1135.49 Cr | 3.5% |
Risk Level
Your principal amount will be at Low Risk
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Still got questions?
We're here to help.
What is the current NAV of ITI Arbitrage Fund Direct Growth?
The NAV of ITI Arbitrage Fund Direct Growth, as of 18-Jun-2025, is ₹13.51.
What are the returns of ITI Arbitrage Fund Direct Growth?
The fund has generated 7.66% over the last 1 year and 6.94% 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 ITI Arbitrage Fund Direct Growth?
The fund's allocation of assets is distributed as -0.29% in equities, 0.00% in bonds, and 100.24% in cash and cash equivalents.
Who manages the ITI Arbitrage Fund Direct Growth?
The fund managers responsible for ITI Arbitrage Fund Direct Growth are:-
- Laukik Bagwe
- Rohan Korde
- Vikas Nathani
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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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.