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Nippon India Arbitrage Fund Direct Growth
Alternative StrategiesArbitrage FundLow Risk
Direct
NAV (19-Oct-26)
₹31.150.00%1D
Returns (Since Inception)
7.07%
Rated ★4.3+ on 
Fund Overview
Fund Size
₹17,216 Cr
Expense Ratio
1.37%
ISIN
INF204K01XZ7
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
Nippon India Arbitrage Fund Direct Growth is a Arbitrage Fund mutual fund schemes offered by Nippon India Mutual Fund. This fund has been in existence for 13 years, 9 months and 20 days, having been launched on 01-Jan-13.
As of 19-Oct-26, it has a Net Asset Value (NAV) of ₹31.15, Assets Under Management (AUM) of 17215.96 Crores, and an expense ratio of 1.37%.
As of 19-Oct-26, it has a Net Asset Value (NAV) of ₹31.15, Assets Under Management (AUM) of 17215.96 Crores, and an expense ratio of 1.37%.
- Nippon India Arbitrage Fund Direct Growth has given a CAGR return of 7.07% since inception.
- The fund's asset allocation comprises around -0.36% in equities, 9.53% in debts, and 90.76% in cash & cash equivalents.
- You can start investing in Nippon India 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
+6.66%
+6.03% (Cat Avg.)
3 Years
+7.29%
+6.74% (Cat Avg.)
5 Years
+6.84%
+6.23% (Cat Avg.)
10 Years
+6.47%
+5.72% (Cat Avg.)
Since Inception
+7.07%
— (Cat Avg.)
Portfolio Summaryas of 30th September 2026
| Equity | ₹-61.66 Cr | -0.36% |
| Debt | ₹1,640.72 Cr | 9.53% |
| Others | ₹15,636.9 Cr | 90.83% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹11,770.24 Cr | 68.37% |
| Nippon India Money Market Dir Gr | Mutual Fund - Open End | ₹2,661.04 Cr | 15.46% |
| Nippon India U/ST Term Dir Gr | Mutual Fund - Open End | ₹1,401.75 Cr | 8.14% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-836.79 Cr | 4.86% |
| Reliance Industries Ltd | Equity | ₹831.97 Cr | 4.83% |
| HDFC Bank Ltd | Equity | ₹795.83 Cr | 4.62% |
| Future on ICICI Bank Ltd | Equity - Future | ₹-729.92 Cr | 4.24% |
| ICICI Bank Ltd | Equity | ₹725.53 Cr | 4.21% |
| Triparty Repo | Cash - Repurchase Agreement | ₹704.69 Cr | 4.09% |
| Hdfc Bank Limited_27/10/2026 | Equity - Future | ₹-647.85 Cr | 3.76% |
| Future on Axis Bank Ltd | Equity - Future | ₹-423.27 Cr | 2.46% |
| Axis Bank Ltd | Equity | ₹422.28 Cr | 2.45% |
| Future on State Bank of India | Equity - Future | ₹-350.36 Cr | 2.04% |
| State Bank of India | Equity | ₹347.51 Cr | 2.02% |
| Future on JSW Steel Ltd | Equity - Future | ₹-314.85 Cr | 1.83% |
| JSW Steel Ltd | Equity | ₹311.77 Cr | 1.81% |
| Future on Bajaj Finance Ltd | Equity - Future | ₹-296.85 Cr | 1.72% |
| Bajaj Finance Ltd | Equity | ₹294.58 Cr | 1.71% |
| Future on Maruti Suzuki India Ltd | Equity - Future | ₹-244.73 Cr | 1.42% |
| Maruti Suzuki India Ltd | Equity | ₹244.37 Cr | 1.42% |
| Future on Tata Steel Ltd | Equity - Future | ₹-234.59 Cr | 1.36% |
| Tata Steel Ltd | Equity | ₹232.28 Cr | 1.35% |
| Future on Vodafone Idea Ltd | Equity - Future | ₹-230.64 Cr | 1.34% |
| Vodafone Idea Ltd | Equity | ₹230.1 Cr | 1.34% |
| Adani Enterprises Ltd | Equity | ₹227.07 Cr | 1.32% |
| Future on Adani Enterprises Ltd | Equity - Future | ₹-227.03 Cr | 1.32% |
| Future on Larsen & Toubro Ltd | Equity - Future | ₹-225.99 Cr | 1.31% |
| Larsen & Toubro Ltd | Equity | ₹225.63 Cr | 1.31% |
| Future on Canara Bank | Equity - Future | ₹-203.28 Cr | 1.18% |
| Canara Bank | Equity | ₹201.31 Cr | 1.17% |
| Small Industries Dev Bank Of India | Cash - CD/Time Deposit | ₹196.11 Cr | 1.14% |
| Steel Authority Of India Ltd | Equity | ₹190.82 Cr | 1.11% |
| Future on Kotak Mahindra Bank Ltd | Equity - Future | ₹-187.15 Cr | 1.09% |
| Future on Steel Authority Of India Ltd | Equity - Future | ₹-187.01 Cr | 1.09% |
| Kotak Mahindra Bank Ltd | Equity | ₹186.98 Cr | 1.09% |
| Future on Adani Energy Solutions Ltd | Equity - Future | ₹-181.02 Cr | 1.05% |
| Adani Energy Solutions Ltd | Equity | ₹179.69 Cr | 1.04% |
| Future on Jio Financial Services Ltd | Equity - Future | ₹-177.33 Cr | 1.03% |
| Jio Financial Services Ltd | Equity | ₹177.11 Cr | 1.03% |
| Future on AU Small Finance Bank Ltd | Equity - Future | ₹-166.11 Cr | 0.96% |
| Future on Glenmark Pharmaceuticals Ltd | Equity - Future | ₹-165.72 Cr | 0.96% |
| AU Small Finance Bank Ltd | Equity | ₹165.39 Cr | 0.96% |
| Glenmark Pharmaceuticals Ltd | Equity | ₹163.98 Cr | 0.95% |
| Future on Coal India Ltd | Equity - Future | ₹-158.99 Cr | 0.92% |
| Coal India Ltd | Equity | ₹158.58 Cr | 0.92% |
| Future on Bharti Airtel Ltd | Equity - Future | ₹-157.86 Cr | 0.92% |
| Bharti Airtel Ltd | Equity | ₹156.82 Cr | 0.91% |
| Hdfc Bank Limited_23/11/2026 | Equity - Future | ₹-154.6 Cr | 0.90% |
| Future on Manappuram Finance Ltd | Equity - Future | ₹-149.11 Cr | 0.87% |
| Manappuram Finance Ltd | Equity | ₹147.91 Cr | 0.86% |
| National Bank for Agriculture and Rural Development | Bond - Gov't Agency Debt | ₹145.31 Cr | 0.84% |
| Future on Ambuja Cements Ltd | Equity - Future | ₹-132.44 Cr | 0.77% |
| Ambuja Cements Ltd | Equity | ₹132.17 Cr | 0.77% |
| Future on Hindalco Industries Ltd | Equity - Future | ₹-131.56 Cr | 0.76% |
| Future on Cummins India Ltd | Equity - Future | ₹-131.18 Cr | 0.76% |
| Cummins India Ltd | Equity | ₹130.14 Cr | 0.76% |
| Hindalco Industries Ltd | Equity | ₹130.01 Cr | 0.76% |
| Future on TVS Motor Co Ltd 6% PRF REDEEM 01/09/2026 INR 10 | Equity - Future | ₹-124.65 Cr | 0.72% |
| TVS Motor Co Ltd | Equity | ₹123.52 Cr | 0.72% |
| Infosys Limited_27/10/2026 | Equity - Future | ₹-117.5 Cr | 0.68% |
| Infosys Ltd | Equity | ₹117.11 Cr | 0.68% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹113.41 Cr | 0.66% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹104.05 Cr | 0.60% |
| Indus Towers Limited_27/10/2026 | Equity - Future | ₹-103.96 Cr | 0.60% |
| Future on IndusInd Bank Ltd | Equity - Future | ₹-103.76 Cr | 0.60% |
| IndusInd Bank Ltd | Equity | ₹103.54 Cr | 0.60% |
| Future on APL Apollo Tubes Ltd | Equity - Future | ₹-97.6 Cr | 0.57% |
| Future on Info Edge (India) Ltd | Equity - Future | ₹-97.15 Cr | 0.56% |
| Info Edge (India) Ltd | Equity | ₹97.05 Cr | 0.56% |
| APL Apollo Tubes Ltd | Equity | ₹96.97 Cr | 0.56% |
| NMDC Ltd | Equity | ₹90.15 Cr | 0.52% |
| Nmdc Limited_27/10/2026 | Equity - Future | ₹-90.07 Cr | 0.52% |
| Future on Mahindra & Mahindra Ltd | Equity - Future | ₹-87.19 Cr | 0.51% |
| Future on Yes Bank Ltd | Equity - Future | ₹-87.15 Cr | 0.51% |
| Mahindra & Mahindra Ltd | Equity | ₹87.03 Cr | 0.51% |
| Yes Bank Ltd | Equity | ₹86.53 Cr | 0.50% |
| Future on One97 Communications Ltd | Equity - Future | ₹-84.22 Cr | 0.49% |
| One97 Communications Ltd | Equity | ₹83.7 Cr | 0.49% |
| Future on Eicher Motors Ltd | Equity - Future | ₹-83.06 Cr | 0.48% |
| Eicher Motors Ltd | Equity | ₹82.51 Cr | 0.48% |
| Future on Life Insurance Corporation of India | Equity - Future | ₹-81.41 Cr | 0.47% |
| Future on Punjab National Bank | Equity - Future | ₹-80.72 Cr | 0.47% |
| Life Insurance Corporation of India | Equity | ₹80.5 Cr | 0.47% |
| Punjab National Bank | Equity | ₹80.14 Cr | 0.47% |
| Future on ITC Hotels Ltd | Equity - Future | ₹-78.99 Cr | 0.46% |
| Adani Green Energy Ltd | Equity | ₹78.9 Cr | 0.46% |
| Future on Adani Green Energy Ltd | Equity - Future | ₹-78.89 Cr | 0.46% |
| Future on Hindustan Zinc Ltd | Equity - Future | ₹-78.6 Cr | 0.46% |
| Hindustan Zinc Ltd | Equity | ₹78.56 Cr | 0.46% |
| ITC Ltd | Equity | ₹78.55 Cr | 0.46% |
| Future on Bank of Baroda | Equity - Future | ₹-78.31 Cr | 0.45% |
| Marico Limited_27/10/2026 | Equity - Future | ₹-78.21 Cr | 0.45% |
| Bank of Baroda | Equity | ₹77.55 Cr | 0.45% |
| Marico Ltd | Equity | ₹77.44 Cr | 0.45% |
| Future on UltraTech Cement Ltd | Equity - Future | ₹-77.34 Cr | 0.45% |
| UltraTech Cement Ltd | Equity | ₹77.29 Cr | 0.45% |
| Future on The Federal Bank Ltd | Equity - Future | ₹-75.8 Cr | 0.44% |
| Future on Bharat Heavy Electricals Ltd | Equity - Future | ₹-75.7 Cr | 0.44% |
| Bharat Heavy Electricals Ltd | Equity | ₹75.69 Cr | 0.44% |
| The Federal Bank Ltd | Equity | ₹74.91 Cr | 0.44% |
| Small Industries Dev Bank Of India | Cash - CD/Time Deposit | ₹73.05 Cr | 0.42% |
| Future on Sun Pharmaceuticals Industries Ltd | Equity - Future | ₹-71.39 Cr | 0.41% |
| Future on IDFC First Bank Ltd | Equity - Future | ₹-71.31 Cr | 0.41% |
| IDFC First Bank Ltd | Equity | ₹71.08 Cr | 0.41% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹70.57 Cr | 0.41% |
| Future on Godrej Properties Ltd | Equity - Future | ₹-66.59 Cr | 0.39% |
| Future on Patanjali Foods Ltd | Equity - Future | ₹-66.56 Cr | 0.39% |
| Patanjali Foods Ltd | Equity | ₹66.26 Cr | 0.38% |
| Godrej Properties Ltd | Equity | ₹66 Cr | 0.38% |
| The Indian Hotels Company Limited_27/10/2026 | Equity - Future | ₹-65.23 Cr | 0.38% |
| Indian Hotels Co Ltd | Equity | ₹64.85 Cr | 0.38% |
| Future on Muthoot Finance Ltd | Equity - Future | ₹-63.74 Cr | 0.37% |
| Muthoot Finance Ltd | Equity | ₹63.23 Cr | 0.37% |
| Future on Hindustan Unilever Ltd | Equity - Future | ₹-62.49 Cr | 0.36% |
| Hindustan Unilever Ltd | Equity | ₹62.46 Cr | 0.36% |
| Future on Coforge Ltd | Equity - Future | ₹-62.35 Cr | 0.36% |
| Coforge Ltd | Equity | ₹61.73 Cr | 0.36% |
| Future on Crompton Greaves Consumer Electricals Ltd | Equity - Future | ₹-57.76 Cr | 0.34% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹57.25 Cr | 0.33% |
| Future on Biocon Ltd | Equity - Future | ₹-56.97 Cr | 0.33% |
| Future on Asian Paints Ltd | Equity - Future | ₹-56.87 Cr | 0.33% |
| Asian Paints Ltd | Equity | ₹56.82 Cr | 0.33% |
| Biocon Ltd | Equity | ₹56.38 Cr | 0.33% |
| Future on Varun Beverages Ltd | Equity - Future | ₹-56.32 Cr | 0.33% |
| Varun Beverages Ltd | Equity | ₹56.29 Cr | 0.33% |
| Future on GE Vernova T&D India Ltd | Equity - Future | ₹-56.21 Cr | 0.33% |
| Future on Divi's Laboratories Ltd | Equity - Future | ₹-55.89 Cr | 0.32% |
| Future on Tata Consumer Products Ltd | Equity - Future | ₹-55.83 Cr | 0.32% |
| GE Vernova T&D India Ltd | Equity | ₹55.66 Cr | 0.32% |
| Divi's Laboratories Ltd | Equity | ₹55.38 Cr | 0.32% |
| Tata Consumer Products Ltd | Equity | ₹55.36 Cr | 0.32% |
| Indian Oil Corp Ltd | Equity | ₹55.25 Cr | 0.32% |
| Indian Oil Corporation Limited_27/10/2026 | Equity - Future | ₹-54.27 Cr | 0.32% |
| Future on Bandhan Bank Ltd | Equity - Future | ₹-54.24 Cr | 0.32% |
| Bandhan Bank Ltd | Equity | ₹53.96 Cr | 0.31% |
| Future on Grasim Industries Ltd | Equity - Future | ₹-53.69 Cr | 0.31% |
| Grasim Industries Ltd | Equity | ₹53.58 Cr | 0.31% |
| Future on Supreme Industries Ltd | Equity - Future | ₹-52.35 Cr | 0.30% |
| Supreme Industries Ltd | Equity | ₹52.12 Cr | 0.30% |
| Power Finance Corporation Limited_27/10/2026 | Equity - Future | ₹-51.34 Cr | 0.30% |
| Power Finance Corp Ltd | Equity | ₹50.86 Cr | 0.30% |
| Future on Cipla Ltd | Equity - Future | ₹-50.27 Cr | 0.29% |
| Cipla Ltd | Equity | ₹49.6 Cr | 0.29% |
| Future on Adani Power Ltd | Equity - Future | ₹-49.41 Cr | 0.29% |
| Adani Power Ltd | Equity | ₹49.39 Cr | 0.29% |
| Hdfc Bank Limited | Cash | ₹49.04 Cr | 0.28% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹48.79 Cr | 0.28% |
| Future on Container Corporation of India Ltd | Equity - Future | ₹-46.5 Cr | 0.27% |
| Future on SBI Life Insurance Co Ltd | Equity - Future | ₹-46.38 Cr | 0.27% |
| SBI Life Insurance Co Ltd | Equity | ₹46.31 Cr | 0.27% |
| Container Corporation of India Ltd | Equity | ₹46.09 Cr | 0.27% |
| Future on Kalyan Jewellers India Ltd | Equity - Future | ₹-44.84 Cr | 0.26% |
| Kalyan Jewellers India Ltd | Equity | ₹44.58 Cr | 0.26% |
| HDFC Life Insurance Co Ltd | Equity | ₹44.55 Cr | 0.26% |
| Fortis Healthcare Ltd | Equity | ₹44.46 Cr | 0.26% |
| Future on HDFC Life Insurance Co Ltd | Equity - Future | ₹-44.4 Cr | 0.26% |
| Future on Fortis Healthcare Ltd | Equity - Future | ₹-44.28 Cr | 0.26% |
| Future on HDFC Asset Management Co Ltd | Equity - Future | ₹-41.84 Cr | 0.24% |
| HDFC Asset Management Co Ltd | Equity | ₹41.46 Cr | 0.24% |
| Future on Bosch Ltd | Equity - Future | ₹-39.91 Cr | 0.23% |
| Bosch Ltd | Equity | ₹39.68 Cr | 0.23% |
| Future on Alkem Laboratories Ltd | Equity - Future | ₹-39.17 Cr | 0.23% |
| Alkem Laboratories Ltd | Equity | ₹39.11 Cr | 0.23% |
| NTPC Ltd | Equity | ₹38.49 Cr | 0.22% |
| Future on NTPC Ltd | Equity - Future | ₹-38.3 Cr | 0.22% |
| Future on Tata Power Co Ltd | Equity - Future | ₹-37.7 Cr | 0.22% |
| Tata Power Co Ltd | Equity | ₹37.58 Cr | 0.22% |
| Future on Tata Motors Passenger Vehicles Ltd | Equity - Future | ₹-35.11 Cr | 0.20% |
| Tata Motors Passenger Vehicles Ltd | Equity | ₹35.06 Cr | 0.20% |
| Future on Hero MotoCorp Ltd | Equity - Future | ₹-34.45 Cr | 0.20% |
| Hero MotoCorp Ltd | Equity | ₹34.2 Cr | 0.20% |
| Future on LIC Housing Finance Ltd | Equity - Future | ₹-33.7 Cr | 0.20% |
| LIC Housing Finance Ltd | Equity | ₹33.3 Cr | 0.19% |
| Future on Solar Industries India Ltd | Equity - Future | ₹-32.15 Cr | 0.19% |
| Solar Industries India Ltd | Equity | ₹32.11 Cr | 0.19% |
| Future on Ashok Leyland Ltd | Equity - Future | ₹-31.33 Cr | 0.18% |
| Future on Cholamandalam Investment and Finance Co Ltd | Equity - Future | ₹-31.32 Cr | 0.18% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹31.29 Cr | 0.18% |
| Ashok Leyland Ltd | Equity | ₹31.07 Cr | 0.18% |
| HCL Technologies Ltd | Equity | ₹29.22 Cr | 0.17% |
| Small Industries Dev Bank Of India | Cash - CD/Time Deposit | ₹29.18 Cr | 0.17% |
| Future on HCL Technologies Ltd | Equity - Future | ₹-29.1 Cr | 0.17% |
| Future on Laurus Labs Ltd | Equity - Future | ₹-28.46 Cr | 0.17% |
| Laurus Labs Ltd | Equity | ₹28.27 Cr | 0.16% |
| ICICI Life Insurance Ltd | Equity | ₹25.74 Cr | 0.15% |
| Future on ICICI Life Insurance Ltd | Equity - Future | ₹-25.72 Cr | 0.15% |
| Eternal Ltd | Equity | ₹25.69 Cr | 0.15% |
| Eternal Limited_27/10/2026 | Equity - Future | ₹-25.66 Cr | 0.15% |
| Future on Hitachi Energy India Ltd Ordinary Shares | Equity - Future | ₹-25.04 Cr | 0.15% |
| Hitachi Energy India Ltd Ordinary Shares | Equity | ₹25.04 Cr | 0.15% |
| Future on Torrent Pharmaceuticals Ltd | Equity - Future | ₹-25 Cr | 0.15% |
| Torrent Pharmaceuticals Ltd | Equity | ₹24.78 Cr | 0.14% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹24.44 Cr | 0.14% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹24.28 Cr | 0.14% |
| Future on PNB Housing Finance Ltd | Equity - Future | ₹-24.24 Cr | 0.14% |
| National Bank for Agriculture and Rural Development | Bond - Gov't Agency Debt | ₹24.22 Cr | 0.14% |
| PNB Housing Finance Ltd | Equity | ₹24.1 Cr | 0.14% |
| Future on RBL Bank Ltd | Equity - Future | ₹-24.09 Cr | 0.14% |
| RBL Bank Ltd | Equity | ₹23.82 Cr | 0.14% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹23.68 Cr | 0.14% |
| Future on Apollo Hospitals Enterprise Ltd | Equity - Future | ₹-23.57 Cr | 0.14% |
| Delhivery Ltd | Equity | ₹23.55 Cr | 0.14% |
| Future on Delhivery Ltd | Equity - Future | ₹-23.52 Cr | 0.14% |
| Future on Voltas Ltd | Equity - Future | ₹-23.49 Cr | 0.14% |
| Voltas Ltd | Equity | ₹23.35 Cr | 0.14% |
| Titan Co Ltd | Equity | ₹22.8 Cr | 0.13% |
| Future on Aurobindo Pharma Ltd | Equity - Future | ₹-22.78 Cr | 0.13% |
| Aurobindo Pharma Ltd | Equity | ₹22.71 Cr | 0.13% |
| Future on Bharat Petroleum Corp Ltd | Equity - Future | ₹-22.54 Cr | 0.13% |
| Bharat Petroleum Corp Ltd | Equity | ₹22.46 Cr | 0.13% |
| Future on Bank of India | Equity - Future | ₹-22.05 Cr | 0.13% |
| Bank of India | Equity | ₹21.88 Cr | 0.13% |
| Future on Hindustan Aeronautics Ltd Ordinary Shares | Equity - Future | ₹-20.71 Cr | 0.12% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹20.52 Cr | 0.12% |
| JSW Energy Ltd | Equity | ₹20.37 Cr | 0.12% |
| Future on JSW Energy Ltd | Equity - Future | ₹-20.3 Cr | 0.12% |
| Future on Aditya Birla Capital Ltd | Equity - Future | ₹-20.07 Cr | 0.12% |
| Aditya Birla Capital Ltd | Equity | ₹19.94 Cr | 0.12% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹19.76 Cr | 0.11% |
| Future on Sagility Ltd | Equity - Future | ₹-19.38 Cr | 0.11% |
| Sagility Ltd | Equity | ₹19.16 Cr | 0.11% |
| Future on Tata Consultancy Services Ltd | Equity - Future | ₹-19.03 Cr | 0.11% |
| Tata Consultancy Services Ltd | Equity | ₹18.96 Cr | 0.11% |
| Future on Bajaj Auto Ltd | Equity - Future | ₹-18.77 Cr | 0.11% |
| Bajaj Auto Ltd | Equity | ₹18.68 Cr | 0.11% |
| Future on Shriram Finance Ltd | Equity - Future | ₹-17.96 Cr | 0.10% |
| Shriram Finance Ltd | Equity | ₹17.92 Cr | 0.10% |
| Oil & Natural Gas Corp Ltd | Equity | ₹17.83 Cr | 0.10% |
| Future on Oil & Natural Gas Corp Ltd | Equity - Future | ₹-17.81 Cr | 0.10% |
| The Phoenix Mills Limited_27/10/2026 | Equity - Future | ₹-17.01 Cr | 0.10% |
| Phoenix Mills Ltd | Equity | ₹16.86 Cr | 0.10% |
| InterGlobe Aviation Ltd | Equity | ₹16.75 Cr | 0.10% |
| Future on InterGlobe Aviation Ltd | Equity - Future | ₹-16.74 Cr | 0.10% |
| Future on Trent Ltd | Equity - Future | ₹-16.71 Cr | 0.10% |
| Net Current Assets | Cash | ₹-16.65 Cr | 0.10% |
| Titan Company Limited_27/10/2026 | Equity - Future | ₹-16.6 Cr | 0.10% |
| Trent Ltd | Equity | ₹16.58 Cr | 0.10% |
| Future on PG Electroplast Ltd | Equity - Future | ₹-16.27 Cr | 0.09% |
| PG Electroplast Ltd | Equity | ₹16.08 Cr | 0.09% |
| Future on Union Bank of India | Equity - Future | ₹-15.06 Cr | 0.09% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹15.04 Cr | 0.09% |
| Union Bank of India | Equity | ₹14.98 Cr | 0.09% |
| Future on ICICI Lombard General Insurance Co Ltd | Equity - Future | ₹-14.88 Cr | 0.09% |
| Future on NBCC India Ltd | Equity - Future | ₹-14.66 Cr | 0.09% |
| NBCC India Ltd | Equity | ₹14.54 Cr | 0.08% |
| Future on SBI Cards and Payment Services Ltd Ordinary Shares | Equity - Future | ₹-14.5 Cr | 0.08% |
| SBI Cards and Payment Services Ltd Ordinary Shares | Equity | ₹14.38 Cr | 0.08% |
| Future on Bajaj Finserv Ltd | Equity - Future | ₹-13.93 Cr | 0.08% |
| Future on Lupin Ltd | Equity - Future | ₹-13.92 Cr | 0.08% |
| Bajaj Finserv Ltd | Equity | ₹13.87 Cr | 0.08% |
| Future on Swiggy Ltd | Equity - Future | ₹-13.85 Cr | 0.08% |
| Lupin Ltd | Equity | ₹13.81 Cr | 0.08% |
| Swiggy Ltd | Equity | ₹13.78 Cr | 0.08% |
| Future on Dabur India Ltd | Equity - Future | ₹-13.36 Cr | 0.08% |
| Dabur India Ltd | Equity | ₹13.3 Cr | 0.08% |
| Future on Bharat Electronics Ltd | Equity - Future | ₹-12.91 Cr | 0.07% |
| Bharat Electronics Ltd | Equity | ₹12.84 Cr | 0.07% |
| Future on Samvardhana Motherson International Ltd | Equity - Future | ₹-12.67 Cr | 0.07% |
| Samvardhana Motherson International Ltd | Equity | ₹12.65 Cr | 0.07% |
| Angel One Limited_27/10/2026 | Equity - Future | ₹-12.01 Cr | 0.07% |
| Angel One Ltd Ordinary Shares | Equity | ₹11.92 Cr | 0.07% |
| Future on SRF Ltd | Equity - Future | ₹-11.37 Cr | 0.07% |
| SRF Ltd | Equity | ₹11.32 Cr | 0.07% |
| Future on Nestle India Ltd | Equity - Future | ₹-10.87 Cr | 0.06% |
| Nestle India Ltd | Equity | ₹10.81 Cr | 0.06% |
| Adani Ports & Special Economic Zone Ltd | Equity | ₹10.25 Cr | 0.06% |
| Future on Adani Ports & Special Economic Zone Ltd | Equity - Future | ₹-10.2 Cr | 0.06% |
| Future on Colgate-Palmolive (India) Ltd | Equity - Future | ₹-10.03 Cr | 0.06% |
| Colgate-Palmolive (India) Ltd | Equity | ₹9.94 Cr | 0.06% |
| Future on Bank of Maharashtra | Equity - Future | ₹-9.65 Cr | 0.06% |
| Bank of Maharashtra | Equity | ₹9.54 Cr | 0.06% |
| Future on Bharat Forge Ltd | Equity - Future | ₹-9.17 Cr | 0.05% |
| Bharat Forge Ltd | Equity | ₹9.15 Cr | 0.05% |
| Future on Inox Wind Ltd | Equity - Future | ₹-9.1 Cr | 0.05% |
| Inox Wind Ltd | Equity | ₹9.03 Cr | 0.05% |
| Future on Prestige Estates Projects Ltd | Equity - Future | ₹-9 Cr | 0.05% |
| Prestige Estates Projects Ltd | Equity | ₹9 Cr | 0.05% |
| Future on GAIL (India) Ltd | Equity - Future | ₹-8.69 Cr | 0.05% |
| Future on Tech Mahindra Ltd | Equity - Future | ₹-8.65 Cr | 0.05% |
| Future on Jindal Steel Ltd | Equity - Future | ₹-8.6 Cr | 0.05% |
| GAIL (India) Ltd | Equity | ₹8.6 Cr | 0.05% |
| Tech Mahindra Ltd | Equity | ₹8.6 Cr | 0.05% |
| Jindal Steel Ltd | Equity | ₹8.58 Cr | 0.05% |
| Vedanta Ltd | Equity | ₹8.04 Cr | 0.05% |
| Vedanta Limited_27/10/2026 | Equity - Future | ₹-8 Cr | 0.05% |
| Future on Bajaj Holdings and Investment Ltd | Equity - Future | ₹-7.8 Cr | 0.05% |
| Bajaj Holdings and Investment Ltd | Equity | ₹7.77 Cr | 0.05% |
| Future on KPIT Technologies Ltd | Equity - Future | ₹-7.4 Cr | 0.04% |
| KPIT Technologies Ltd | Equity | ₹7.39 Cr | 0.04% |
| Future on Suzlon Energy Ltd | Equity - Future | ₹-6.77 Cr | 0.04% |
| Suzlon Energy Ltd | Equity | ₹6.72 Cr | 0.04% |
| Titan Company Limited_23/11/2026 | Equity - Future | ₹-6.43 Cr | 0.04% |
| Future on Tube Investments of India Ltd Ordinary Shares | Equity - Future | ₹-6.29 Cr | 0.04% |
| Future on Ather Energy Ltd | Equity - Future | ₹-6.28 Cr | 0.04% |
| Ather Energy Ltd | Equity | ₹6.25 Cr | 0.04% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹6.22 Cr | 0.04% |
| Future on FSN E-Commerce Ventures Ltd | Equity - Future | ₹-6.04 Cr | 0.04% |
| FSN E-Commerce Ventures Ltd | Equity | ₹6 Cr | 0.03% |
| Future on PB Fintech Ltd | Equity - Future | ₹-5.91 Cr | 0.03% |
| PB Fintech Ltd | Equity | ₹5.88 Cr | 0.03% |
| Future on Page Industries Ltd | Equity - Future | ₹-5.8 Cr | 0.03% |
| Page Industries Ltd | Equity | ₹5.75 Cr | 0.03% |
| Future on Avenue Supermarts Ltd | Equity - Future | ₹-5.29 Cr | 0.03% |
| Future on Radico Khaitan Ltd | Equity - Future | ₹-5.29 Cr | 0.03% |
| Avenue Supermarts Ltd | Equity | ₹5.25 Cr | 0.03% |
| Radico Khaitan Ltd | Equity | ₹5.24 Cr | 0.03% |
| Future on Hindustan Petroleum Corp Ltd | Equity - Future | ₹-5.01 Cr | 0.03% |
| Hindustan Petroleum Corp Ltd | Equity | ₹4.97 Cr | 0.03% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹4.89 Cr | 0.03% |
| Future on CG Power & Industrial Solutions Ltd | Equity - Future | ₹-4.25 Cr | 0.02% |
| CG Power & Industrial Solutions Ltd | Equity | ₹4.21 Cr | 0.02% |
| Cash Margin - Ccil | Cash - Repurchase Agreement | ₹4.08 Cr | 0.02% |
| Lodha Developers Ltd | Equity | ₹3.83 Cr | 0.02% |
| Future on Lodha Developers Ltd | Equity - Future | ₹-3.82 Cr | 0.02% |
| Future on Polycab India Ltd | Equity - Future | ₹-3.54 Cr | 0.02% |
| Polycab India Ltd | Equity | ₹3.51 Cr | 0.02% |
| Future on National Aluminium Co Ltd | Equity - Future | ₹-2.77 Cr | 0.02% |
| National Aluminium Co Ltd | Equity | ₹2.75 Cr | 0.02% |
| Future on UNO Minda Ltd | Equity - Future | ₹-2.38 Cr | 0.01% |
| UNO Minda Ltd | Equity | ₹2.38 Cr | 0.01% |
| Hdfc Bank Limited_29/12/2026 | Equity - Future | ₹-1.79 Cr | 0.01% |
| Future on Mphasis Ltd | Equity - Future | ₹-1.73 Cr | 0.01% |
| Mphasis Ltd | Equity | ₹1.72 Cr | 0.01% |
| United Spirits Ltd | Equity | ₹1.52 Cr | 0.01% |
| Future on United Spirits Ltd | Equity - Future | ₹-1.51 Cr | 0.01% |
| Future on Oberoi Realty Ltd | Equity - Future | ₹-1.37 Cr | 0.01% |
| Oberoi Realty Ltd | Equity | ₹1.36 Cr | 0.01% |
| Future on GMR Airports Ltd | Equity - Future | ₹-1.13 Cr | 0.01% |
| GMR Airports Ltd | Equity | ₹1.13 Cr | 0.01% |
| UPL Ltd | Equity | ₹1.02 Cr | 0.01% |
| Upl Limited_27/10/2026 | Equity - Future | ₹-0.8 Cr | 0.00% |
| Future on ABB India Ltd | Equity - Future | ₹-0.68 Cr | 0.00% |
| ABB India Ltd | Equity | ₹0.68 Cr | 0.00% |
| Future on Max Financial Services Ltd | Equity - Future | ₹-0.66 Cr | 0.00% |
| Max Financial Services Ltd | Equity | ₹0.66 Cr | 0.00% |
| Indian Oil Corporation Limited_23/11/2026 | Equity - Future | ₹-0.66 Cr | 0.00% |
| Infosys Limited_23/11/2026 | Equity - Future | ₹-0.6 Cr | 0.00% |
| Indus Towers Limited_23/11/2026 | Equity - Future | ₹-0.38 Cr | 0.00% |
| Britannia Industries Ltd | Equity | ₹0.3 Cr | 0.00% |
| Future on Britannia Industries Ltd | Equity - Future | ₹-0.3 Cr | 0.00% |
| Future on Pidilite Industries Ltd | Equity - Future | ₹-0.22 Cr | 0.00% |
| Upl Limited_23/11/2026 | Equity - Future | ₹-0.22 Cr | 0.00% |
| Pidilite Industries Ltd | Equity | ₹0.22 Cr | 0.00% |
| The Indian Hotels Company Limited_23/11/2026 | Equity - Future | ₹-0.15 Cr | 0.00% |
| Future on Zydus Lifesciences Ltd | Equity - Future | ₹-0.1 Cr | 0.00% |
| Zydus Lifesciences Ltd | Equity | ₹0.1 Cr | 0.00% |
| DLF Ltd | Equity | ₹0.06 Cr | 0.00% |
| Future on DLF Ltd | Equity - Future | ₹-0.06 Cr | 0.00% |
| Oil India Limited_27/10/2026 | Equity - Future | ₹-0.06 Cr | 0.00% |
| Oil India Ltd | Equity | ₹0.06 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
97.44%
Mid Cap Stocks
26.23%
Small Cap Stocks
3.74%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹4,631.06 Cr | 26.90% |
| Basic Materials | ₹1,503.15 Cr | 8.73% |
| Energy | ₹1,318.19 Cr | 7.66% |
| Consumer Cyclical | ₹966.95 Cr | 5.62% |
| Industrials | ₹791.86 Cr | 4.60% |
| Healthcare | ₹612 Cr | 3.55% |
| Communication Services | ₹588.02 Cr | 3.42% |
| Consumer Defensive | ₹442.71 Cr | 2.57% |
| Utilities | ₹413.02 Cr | 2.40% |
| Technology | ₹344.5 Cr | 2.00% |
| Real Estate | ₹97.12 Cr | 0.56% |
Risk & Performance Ratios
Standard Deviation
This fund
0.51%
Cat. avg.
0.56%
Lower the better
Sharpe Ratio
This fund
1.95
Cat. avg.
0.83
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.66
Higher the better
Fund Managers
KD
Kinjal Desai
Since May 2018
Vikash Agarwal
Since September 2024
Nemish Sheth
Since March 2025
RS
Rohit Shah
Since April 2024
AS
Amber Singhania
Since March 2026
Additional Scheme Detailsas of 30th September 2026
ISIN INF204K01XZ7 | Expense Ratio 1.37% | Exit Load No Charges | Fund Size ₹17,216 Cr | Age 13 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:
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
About the AMC
Nippon India Mutual Fund
Total AUM
₹8,21,272 Cr
Address
4th Floor, Tower A, Peninsula Business Park, Mumbai, 400 013
Other Funds by Nippon India Mutual Fund
Risk Level
Your principal amount will be at Low Risk
Take control of your wealth
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Still got questions?
We're here to help.
What is the current NAV of Nippon India Arbitrage Fund Direct Growth?
The NAV of Nippon India Arbitrage Fund Direct Growth, as of 19-Oct-2026, is ₹31.15.
What are the returns of Nippon India Arbitrage Fund Direct Growth?
The fund has generated 6.66% over the last 1 year and 7.29% 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 Nippon India Arbitrage Fund Direct Growth?
The fund's allocation of assets is distributed as -0.36% in equities, 9.53% in bonds, and 90.76% in cash and cash equivalents.
Who manages the Nippon India Arbitrage Fund Direct Growth?
The fund managers responsible for Nippon India Arbitrage Fund Direct Growth are:-
- Kinjal Desai
- Vikash Agarwal
- Nemish Sheth
- Rohit Shah
- Amber Singhania
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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 Pvt. Ltd. is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, 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.
