ITI Arbitrage Fund Direct Growth

Fund Overview

Fund Size

₹71 Cr

Expense Ratio

1.15%

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 7 years and 5 days, having been launched on 09-Sep-19.
As of 11-Sep-26, it has a Net Asset Value (NAV) of ₹14.56, Assets Under Management (AUM) of 71.10 Crores, and an expense ratio of 1.15%.

ITI Arbitrage Fund Direct Growth has given a CAGR return of 5.49% since inception.
The fund's asset allocation comprises around -0.18% in equities, 0.05% in debts, and 100.13% 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

+6.36%

+6.06% (Cat Avg.)

3 Years

+7.27%

+6.79% (Cat Avg.)

5 Years

+6.14%

+6.16% (Cat Avg.)

Since Inception

+5.49%

— (Cat Avg.)

Portfolio Summaryas of 31st July 2026

Equity	₹-0.13 Cr	-0.18%
Debt	₹0.04 Cr	0.05%
Others	₹71.19 Cr	100.13%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Cash Offset For Derivatives	Cash - General Offset	₹49.16 Cr	69.15%
ITI Liquid Dir Gr	Mutual Fund - Open End	₹9.51 Cr	13.37%
Net Receivables / (Payables)	Cash	₹8.32 Cr	11.70%
Future on One97 Communications Ltd	Equity - Future	₹-4.58 Cr	6.44%
One97 Communications Ltd	Equity	₹4.58 Cr	6.44%
Treps 03-Aug-2026	Cash - Repurchase Agreement	₹4.24 Cr	5.96%
Future on HDFC Bank Ltd	Equity - Future	₹-3.91 Cr	5.50%
HDFC Bank Ltd	Equity	₹3.89 Cr	5.47%
Power Finance Corporation Limited	Equity - Future	₹-3.76 Cr	5.29%
Power Finance Corp Ltd	Equity	₹3.75 Cr	5.28%
Future on Cummins India Ltd	Equity - Future	₹-3.44 Cr	4.84%
Cummins India Ltd	Equity	₹3.42 Cr	4.81%
Future on Shriram Finance Ltd	Equity - Future	₹-3.12 Cr	4.39%
Shriram Finance Ltd	Equity	₹3.11 Cr	4.37%
RBL Bank Ltd	Equity	₹2.74 Cr	3.86%
Future on RBL Bank Ltd	Equity - Future	₹-2.74 Cr	3.85%
Future on Bharti Airtel Ltd	Equity - Future	₹-2.35 Cr	3.30%
Bharti Airtel Ltd	Equity	₹2.34 Cr	3.29%
Future on Adani Ports & Special Economic Zone Ltd	Equity - Future	₹-2.19 Cr	3.07%
Adani Ports & Special Economic Zone Ltd	Equity	₹2.18 Cr	3.06%
Future on Varun Beverages Ltd	Equity - Future	₹-2.04 Cr	2.87%
Varun Beverages Ltd	Equity	₹2.03 Cr	2.86%
Future on Eternal Ltd	Equity - Future	₹-1.7 Cr	2.39%
Eternal Ltd	Equity	₹1.69 Cr	2.37%
Bandhan Bank Ltd	Equity	₹1.5 Cr	2.12%
Future on Bandhan Bank Ltd	Equity - Future	₹-1.5 Cr	2.11%
Laurus Labs Ltd	Equity	₹1.24 Cr	1.74%
Future on Laurus Labs Ltd	Equity - Future	₹-1.23 Cr	1.73%
Future on UNO Minda Ltd	Equity - Future	₹-1.17 Cr	1.65%
REC Ltd	Equity	₹1.17 Cr	1.65%
Rec Limited	Equity - Future	₹-1.17 Cr	1.65%
UNO Minda Ltd	Equity	₹1.17 Cr	1.64%
Future on Aditya Birla Capital Ltd	Equity - Future	₹-1.13 Cr	1.59%
Aditya Birla Capital Ltd	Equity	₹1.13 Cr	1.59%
Future on Ambuja Cements Ltd	Equity - Future	₹-1.1 Cr	1.54%
Ambuja Cements Ltd	Equity	₹1.09 Cr	1.53%
Future on AU Small Finance Bank Ltd	Equity - Future	₹-1.05 Cr	1.48%
AU Small Finance Bank Ltd	Equity	₹1.05 Cr	1.47%
Future on HDFC Life Insurance Co Ltd	Equity - Future	₹-1.03 Cr	1.45%
HDFC Life Insurance Co Ltd	Equity	₹1.03 Cr	1.44%
Future on Info Edge (India) Ltd	Equity - Future	₹-0.95 Cr	1.33%
Info Edge (India) Ltd	Equity	₹0.94 Cr	1.33%
Future on Canara Bank	Equity - Future	₹-0.93 Cr	1.31%
Future on Hindustan Zinc Ltd	Equity - Future	₹-0.93 Cr	1.31%
Canara Bank	Equity	₹0.93 Cr	1.31%
Hindustan Zinc Ltd	Equity	₹0.92 Cr	1.30%
IndusInd Bank Ltd	Equity	₹0.92 Cr	1.30%
Future on IndusInd Bank Ltd	Equity - Future	₹-0.92 Cr	1.29%
Future on Bank of India	Equity - Future	₹-0.86 Cr	1.21%
Bank of India	Equity	₹0.86 Cr	1.21%
Godfrey Phillips India Ltd	Equity	₹0.82 Cr	1.16%
Future on Godfrey Phillips India Ltd	Equity - Future	₹-0.81 Cr	1.14%
Future on Kalyan Jewellers India Ltd	Equity - Future	₹-0.75 Cr	1.05%
Kalyan Jewellers India Ltd	Equity	₹0.74 Cr	1.05%
Future on Max Financial Services Ltd	Equity - Future	₹-0.72 Cr	1.02%
Max Financial Services Ltd	Equity	₹0.72 Cr	1.01%
Future on Amber Enterprises India Ltd Ordinary Shares	Equity - Future	₹-0.67 Cr	0.95%
Amber Enterprises India Ltd Ordinary Shares	Equity	₹0.67 Cr	0.94%
Future on National Aluminium Co Ltd	Equity - Future	₹-0.66 Cr	0.93%
National Aluminium Co Ltd	Equity	₹0.66 Cr	0.92%
Future on Adani Energy Solutions Ltd	Equity - Future	₹-0.56 Cr	0.78%
Adani Energy Solutions Ltd	Equity	₹0.56 Cr	0.78%
Future on Jio Financial Services Ltd	Equity - Future	₹-0.54 Cr	0.77%
Jio Financial Services Ltd	Equity	₹0.54 Cr	0.76%
Future on Punjab National Bank	Equity - Future	₹-0.36 Cr	0.51%
Punjab National Bank	Equity	₹0.36 Cr	0.51%
Future on ICICI Prudential Life Insurance Co Ltd	Equity - Future	₹-0.29 Cr	0.40%
ICICI Prudential Life Insurance Co Ltd	Equity	₹0.29 Cr	0.40%

Allocation By Market Cap (Equity)

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹23.99 Cr	33.74%
Industrials	₹5.6 Cr	7.87%
Technology	₹4.58 Cr	6.44%
Consumer Cyclical	₹4.27 Cr	6.01%
Communication Services	₹3.29 Cr	4.62%
Consumer Defensive	₹2.85 Cr	4.01%
Basic Materials	₹2.67 Cr	3.76%
Healthcare	₹1.24 Cr	1.74%
Utilities	₹0.56 Cr	0.78%

Risk & Performance Ratios

Fund Managers

Laukik Bagwe

Since February 2025

Vikas Nathani

Since January 2024

Animesh Singh

Since May 2026

Additional Scheme Detailsas of 31st July 2026

ISIN

INF00XX01440

Expense Ratio

1.15%

Exit Load

No Charges

Fund Size

₹71 Cr

Age

7 years

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:

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.

Similar Arbitrage Fund Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
JioBlackRock Arbitrage Fund Regular Growth Low Risk	-	0.0%	₹562.63 Cr	-
Zerodha Arbitrage Fund Direct Growth Low Risk	-	0.0%	-	-
Groww Arbitrage Fund Regular Growth Low Risk	1.0%	0.0%	₹88.41 Cr	-
Groww Arbitrage Fund Direct Growth Low Risk	0.2%	0.0%	₹88.41 Cr	-
Helios Arbitrage Fund Regular Growth Low Risk	2.4%	0.0%	₹105.28 Cr	-
Helios Arbitrage Fund Direct Growth Low Risk	1.9%	0.0%	₹105.28 Cr	-
Capitalmind Arbitrage Fund Regular Growth Low Risk	1.9%	0.0%	₹22.33 Cr	-
Capitalmind Arbitrage Fund Direct Growth Low Risk	1.1%	0.0%	₹22.33 Cr	-
JioBlackRock Arbitrage Fund Direct Growth Low Risk	1.6%	0.0%	₹562.63 Cr	-
Old Bridge Arbitrage Fund Direct Growth Low Risk	1.4%	0.0%	₹203.86 Cr	-
Old Bridge Arbitrage Fund Regular Growth Low Risk	2.2%	0.0%	₹203.86 Cr	-
The Wealth Company Arbitrage Fund Regular Growth Low to Moderate Risk	2.4%	0.0%	₹152.76 Cr	-
The Wealth Company Arbitrage Fund Direct Growth Low to Moderate Risk	1.7%	0.0%	₹152.76 Cr	-
TRUSTMF Arbitrage Fund Direct Growth Low Risk	1.7%	0.0%	₹151.78 Cr	6.4%
TRUSTMF Arbitrage Fund Regular Growth Low Risk	2.5%	0.0%	₹151.78 Cr	5.5%
Quant Arbitrage Fund Direct Growth Low Risk	1.7%	0.0%	₹747.74 Cr	7.6%
Quant Arbitrage Fund Regular Growth Low Risk	2.3%	0.0%	₹747.74 Cr	6.9%
f Motilal Oswal Arbitrage Fund Regular Growth Low Risk	2.1%	0.0%	₹3242.03 Cr	5.9%
f Motilal Oswal Arbitrage Fund Direct Growth Low Risk	1.0%	0.0%	₹3242.03 Cr	6.9%
Samco Arbitrage Fund Regular Growth Low Risk	2.5%	0.0%	₹30.13 Cr	3.6%
Samco Arbitrage Fund Direct Growth Low Risk	1.0%	0.0%	₹30.13 Cr	5.0%
Franklin India Arbitrage Fund Direct Growth Low Risk	1.2%	0.0%	₹1505.08 Cr	6.9%
Franklin India Arbitrage Fund Regular Growth Low Risk	1.9%	0.0%	₹1505.08 Cr	6.2%
WhiteOak Capital Arbitrage Fund Regular Growth Low Risk	3.3%	0.0%	₹1996.02 Cr	6.3%
WhiteOak Capital Arbitrage Fund Direct Growth Low Risk	2.6%	0.0%	₹1996.02 Cr	7.1%
Parag Parikh Arbitrage Fund Direct Growth Low Risk	1.0%	0.0%	₹2731.59 Cr	6.4%
Parag Parikh Arbitrage Fund Regular Growth Low Risk	1.4%	0.0%	₹2731.59 Cr	6.0%
Bajaj Finserv Arbitrage Fund Regular Growth Low Risk	2.0%	0.0%	₹1193.06 Cr	5.7%
Bajaj Finserv Arbitrage Fund Direct Growth Low Risk	1.4%	0.0%	₹1193.06 Cr	6.5%
SBI Arbitrage Opportunities Fund Direct Growth Low Risk	1.5%	0.0%	₹47282.79 Cr	6.5%
Bandhan Arbitrage Fund Regular Growth Low Risk	2.3%	0.0%	₹8010.98 Cr	5.7%
Nippon India Arbitrage Fund Direct Growth Low Risk	1.4%	0.0%	₹17532.65 Cr	6.7%
JM Arbitrage Fund Direct Growth Low Risk	1.5%	0.0%	₹391.43 Cr	6.3%
Invesco India Arbitrage Fund Direct Growth Low Risk	0.4%	0.0%	₹29629.15 Cr	6.8%
Kotak Equity Arbitrage Fund Direct Growth Low Risk	2.4%	0.0%	₹75712.35 Cr	6.7%
LIC MF Arbitrage Fund Direct Growth Low Risk	1.1%	0.0%	₹265.17 Cr	6.6%
LIC MF Arbitrage Fund Regular Growth Low Risk	1.7%	0.0%	₹265.17 Cr	5.9%
JM Arbitrage Fund Regular Growth Low Risk	2.1%	0.0%	₹391.43 Cr	5.6%
ICICI Prudential Equity Arbitrage Fund Regular Growth Low Risk	2.1%	0.0%	₹34180.17 Cr	6.0%
SBI Arbitrage Opportunities Fund Regular Growth Low Risk	2.0%	0.0%	₹47282.79 Cr	5.9%
UTI Arbitrage Fund Regular Growth Low Risk	1.9%	0.0%	₹11131.60 Cr	6.0%
NJ Arbitrage Fund Regular Growth Low Risk	1.7%	0.0%	₹277.86 Cr	5.5%
NJ Arbitrage Fund Direct Growth Low Risk	1.0%	0.0%	₹277.86 Cr	6.2%
Bandhan Arbitrage Fund Direct Growth Low Risk	1.6%	0.0%	₹8010.98 Cr	6.5%
Axis Arbitrage Fund Regular Growth Low Risk	2.1%	0.0%	₹10339.07 Cr	5.9%
Axis Arbitrage Fund Direct Growth Low Risk	1.4%	0.0%	₹10339.07 Cr	6.7%
UTI Arbitrage Fund Direct Growth Low Risk	1.3%	0.0%	₹11131.60 Cr	6.6%
Union Arbitrage Fund Direct Growth Low Risk	1.4%	0.0%	₹225.98 Cr	6.5%
Union Arbitrage Fund Regular Growth Low Risk	2.0%	0.0%	₹225.98 Cr	5.9%
Aditya Birla Sun Life Arbitrage Fund Regular Growth Low Risk	2.0%	0.0%	₹26939.47 Cr	5.9%

About the AMC

ITI Mutual Fund

022-66214999

https://www.itimf.com/

Total AUM

₹12,598 Cr

Address

Mumbai, 400013

Other Funds by ITI Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
ITI Multi Asset Allocation Fund Direct Growth Very High Risk	-	0.0%	-	-
ITI Business Cycle Fund Direct Growth Very High Risk	1.8%	0.0%	₹115.24 Cr	-
Diviniti Equity Long Short Fund Direct Growth High Risk	2.9%	0.0%	₹316.81 Cr	-
ITI Bharat Consumption Fund Direct Growth Very High Risk	1.0%	0.0%	₹370.07 Cr	1.5%
ITI Large & Mid Cap Fund Direct Growth Very High Risk	1.0%	0.0%	₹740.26 Cr	8.2%
ITI Focused Equity Fund Direct Growth Very High Risk	0.9%	0.0%	₹612.21 Cr	12.0%
ITI Liquid Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹47.95 Cr	6.2%
ITI Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹162.51 Cr	6.5%
ITI Multi Cap Fund Direct Growth Very High Risk	0.8%	0.0%	₹1468.28 Cr	13.4%
ITI Value Fund Direct Growth Very High Risk	1.6%	0.0%	₹358.90 Cr	6.1%
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	0.3%	0.0%	₹26.56 Cr	2.9%
ITI Balanced Advantage Fund Direct Growth Very High Risk	1.6%	0.0%	₹353.79 Cr	1.5%
ITI Small Cap Fund Direct Growth Very High Risk	0.8%	0.0%	₹3454.00 Cr	23.4%
ITI Large Cap Fund Direct Growth Very High Risk	1.0%	0.0%	₹367.41 Cr	2.8%
ITI Banking & PSU Debt Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹33.47 Cr	5.1%
ITI Banking and Financial Services Fund Direct Growth Very High Risk	1.2%	0.0%	₹386.46 Cr	9.2%
ITI Arbitrage Fund Direct Growth Low Risk	1.1%	0.0%	₹71.10 Cr	6.4%
ITI Overnight Fund Direct Growth Low Risk	0.2%	0.0%	₹16.27 Cr	5.0%
ITI Mid Cap Fund Direct Growth Very High Risk	1.0%	0.0%	₹1479.84 Cr	12.7%
ITI Long Term Equity Fund Direct Growth Very High Risk	0.9%	0.0%	₹455.42 Cr	6.4%
ITI Pharma and Healthcare Fund Direct Growth Very High Risk	1.0%	0.0%	₹262.84 Cr	11.9%
ITI Flexi Cap Fund Direct Growth Very High Risk	1.0%	0.0%	₹1467.30 Cr	14.1%

Risk Level

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

The NAV of ITI Arbitrage Fund Direct Growth, as of 11-Sep-2026, is ₹14.56.

What are the returns of ITI Arbitrage Fund Direct Growth?

The fund has generated 6.36% over the last 1 year and 7.27% 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 -0.18% in equities, 0.05% in bonds, and 100.13% 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
Vikas Nathani
Animesh Singh

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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ITI Arbitrage Fund Direct Growth

Fund Overview