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Nippon India Arbitrage Fund Direct Growth
Alternative StrategiesArbitrage FundLow Risk
Direct
NAV (22-Sep-26)
₹30.98-0.02%1D
Returns (Since Inception)
7.07%
Rated ★4.3+ on 
Fund Overview
Fund Size
₹17,533 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, 8 months and 22 days, having been launched on 01-Jan-13.
As of 22-Sep-26, it has a Net Asset Value (NAV) of ₹30.98, Assets Under Management (AUM) of 17532.65 Crores, and an expense ratio of 1.37%.
As of 22-Sep-26, it has a Net Asset Value (NAV) of ₹30.98, Assets Under Management (AUM) of 17532.65 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 -0.41% in equities, 8.12% in debts, and 92.23% 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
+6.73%
+6.15% (Cat Avg.)
3 Years
+7.31%
+6.79% (Cat Avg.)
5 Years
+6.78%
+6.18% (Cat Avg.)
10 Years
+6.48%
+5.74% (Cat Avg.)
Since Inception
+7.07%
— (Cat Avg.)
Portfolio Summaryas of 31st August 2026
| Equity | ₹-72.51 Cr | -0.41% |
| Debt | ₹1,423.78 Cr | 8.12% |
| Others | ₹16,181.38 Cr | 92.29% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹12,187.26 Cr | 69.51% |
| Nippon India Money Market Dir Gr | Mutual Fund - Open End | ₹2,647.56 Cr | 15.10% |
| Nippon India U/ST Term Dir Gr | Mutual Fund - Open End | ₹1,294.15 Cr | 7.38% |
| Future on HDFC Bank Ltd Cedear | Equity - Future | ₹-791.72 Cr | 4.52% |
| HDFC Bank Ltd | Equity | ₹782.57 Cr | 4.46% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-752.79 Cr | 4.29% |
| Reliance Industries Ltd | Equity | ₹738.11 Cr | 4.21% |
| Triparty Repo | Cash - Repurchase Agreement | ₹639.38 Cr | 3.65% |
| Axis Bank Ltd | Equity | ₹530.64 Cr | 3.03% |
| Future on Axis Bank Ltd | Equity - Future | ₹-518.9 Cr | 2.96% |
| State Bank of India | Equity | ₹375.08 Cr | 2.14% |
| Future on State Bank of India | Equity - Future | ₹-373.37 Cr | 2.13% |
| Future on JSW Steel Ltd | Equity - Future | ₹-328.14 Cr | 1.87% |
| JSW Steel Ltd | Equity | ₹323.6 Cr | 1.85% |
| Future on Kotak Mahindra Bank Ltd | Equity - Future | ₹-307.66 Cr | 1.75% |
| Kotak Mahindra Bank Ltd | Equity | ₹301.72 Cr | 1.72% |
| Future on ICICI Bank Ltd | Equity - Future | ₹-263.39 Cr | 1.50% |
| ICICI Bank Ltd | Equity | ₹262.39 Cr | 1.50% |
| Future on Vodafone Idea Ltd | Equity - Future | ₹-261.67 Cr | 1.49% |
| Vodafone Idea Ltd | Equity | ₹254.63 Cr | 1.45% |
| Future on Adani Enterprises Ltd | Equity - Future | ₹-253.32 Cr | 1.44% |
| Adani Enterprises Ltd | Equity | ₹244.54 Cr | 1.39% |
| Future on Maruti Suzuki India Ltd | Equity - Future | ₹-241.69 Cr | 1.38% |
| Maruti Suzuki India Ltd | Equity | ₹241.14 Cr | 1.38% |
| Tata Steel Ltd | Equity | ₹240 Cr | 1.37% |
| Future on Tata Steel Ltd | Equity - Future | ₹-238.64 Cr | 1.36% |
| Future on Larsen & Toubro Ltd | Equity - Future | ₹-225.61 Cr | 1.29% |
| Larsen & Toubro Ltd | Equity | ₹224.74 Cr | 1.28% |
| Future on Canara Bank | Equity - Future | ₹-215.99 Cr | 1.23% |
| Canara Bank | Equity | ₹215.77 Cr | 1.23% |
| Future on Bajaj Finance Ltd | Equity - Future | ₹-209.7 Cr | 1.20% |
| Future on Steel Authority Of India Ltd | Equity - Future | ₹-209.6 Cr | 1.20% |
| Bajaj Finance Ltd | Equity | ₹206.91 Cr | 1.18% |
| Steel Authority Of India Ltd | Equity | ₹205.3 Cr | 1.17% |
| Future on AU Small Finance Bank Ltd | Equity - Future | ₹-204.32 Cr | 1.17% |
| AU Small Finance Bank Ltd | Equity | ₹203.55 Cr | 1.16% |
| Jio Financial Services Ltd | Equity | ₹197.26 Cr | 1.13% |
| Future on Jio Financial Services Ltd | Equity - Future | ₹-195.79 Cr | 1.12% |
| Small Industries Dev Bank Of India | Cash - CD/Time Deposit | ₹195.02 Cr | 1.11% |
| Future on Glenmark Pharmaceuticals Ltd | Equity - Future | ₹-175.98 Cr | 1.00% |
| Future on Bharti Airtel Ltd | Equity - Future | ₹-174.95 Cr | 1.00% |
| Glenmark Pharmaceuticals Ltd | Equity | ₹174.19 Cr | 0.99% |
| Bharti Airtel Ltd | Equity | ₹168.77 Cr | 0.96% |
| One97 Communications Ltd | Equity | ₹167.19 Cr | 0.95% |
| Future on Manappuram Finance Ltd | Equity - Future | ₹-166.24 Cr | 0.95% |
| Future on Adani Energy Solutions Ltd | Equity - Future | ₹-165.01 Cr | 0.94% |
| Future on One97 Communications Ltd | Equity - Future | ₹-164.41 Cr | 0.94% |
| Manappuram Finance Ltd | Equity | ₹163.15 Cr | 0.93% |
| Adani Energy Solutions Ltd | Equity | ₹160.35 Cr | 0.91% |
| Future on Info Edge (India) Ltd | Equity - Future | ₹-153.56 Cr | 0.88% |
| Info Edge (India) Ltd | Equity | ₹148.04 Cr | 0.84% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹147.22 Cr | 0.84% |
| National Bank for Agriculture and Rural Development | Bond - Gov't Agency Debt | ₹144.61 Cr | 0.82% |
| Coal India Ltd | Equity | ₹143.24 Cr | 0.82% |
| Future on Ambuja Cements Ltd | Equity - Future | ₹-143.16 Cr | 0.82% |
| Future on Coal India Ltd | Equity - Future | ₹-142.19 Cr | 0.81% |
| Ambuja Cements Ltd | Equity | ₹141.33 Cr | 0.81% |
| Future on TVS Motor Co Ltd 6% PRF REDEEM 01/09/2026 INR 10 | Equity - Future | ₹-134.3 Cr | 0.77% |
| TVS Motor Co Ltd | Equity | ₹134.09 Cr | 0.76% |
| Net Current Assets | Cash | ₹-131.82 Cr | 0.75% |
| Future on Hindustan Zinc Ltd | Equity - Future | ₹-124.99 Cr | 0.71% |
| Hindustan Zinc Ltd | Equity | ₹123.27 Cr | 0.70% |
| NTPC Ltd | Equity | ₹118.45 Cr | 0.68% |
| Future on NTPC Ltd | Equity - Future | ₹-117.79 Cr | 0.67% |
| Future on Hindalco Industries Ltd | Equity - Future | ₹-113.56 Cr | 0.65% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹112.77 Cr | 0.64% |
| Hindalco Industries Ltd | Equity | ₹112.38 Cr | 0.64% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹108.27 Cr | 0.62% |
| Future on Bharti Infratel ADR | Equity - Future | ₹-107.49 Cr | 0.61% |
| Shriram Finance Ltd | Equity | ₹104.11 Cr | 0.59% |
| NMDC Ltd | Equity | ₹103.89 Cr | 0.59% |
| Future on Shriram Finance Ltd | Equity - Future | ₹-101.98 Cr | 0.58% |
| Future on NMDC Steel Ltd | Equity - Future | ₹-101.78 Cr | 0.58% |
| Yes Bank Ltd | Equity | ₹99.83 Cr | 0.57% |
| Future on Yes Bank Ltd | Equity - Future | ₹-97.94 Cr | 0.56% |
| Small Industries Dev Bank Of India | Cash - CD/Time Deposit | ₹96.89 Cr | 0.55% |
| Asian Paints Ltd | Equity | ₹95.33 Cr | 0.54% |
| Future on Asian Paints Ltd | Equity - Future | ₹-93.37 Cr | 0.53% |
| Future on Mahindra & Mahindra Ltd | Equity - Future | ₹-92.25 Cr | 0.53% |
| Future on Ashok Leyland Ltd | Equity - Future | ₹-92.18 Cr | 0.53% |
| Ashok Leyland Ltd | Equity | ₹91.42 Cr | 0.52% |
| Mahindra & Mahindra Ltd | Equity | ₹89.66 Cr | 0.51% |
| Future on UltraTech Cement Ltd | Equity - Future | ₹-88.19 Cr | 0.50% |
| Bharat Heavy Electricals Ltd | Equity | ₹87.73 Cr | 0.50% |
| UltraTech Cement Ltd | Equity | ₹86.96 Cr | 0.50% |
| Future on Adani Green Energy Ltd | Equity - Future | ₹-86.34 Cr | 0.49% |
| Future on Bharat Heavy Electricals Ltd | Equity - Future | ₹-86.28 Cr | 0.49% |
| Future on Eicher Motors Ltd | Equity - Future | ₹-85.87 Cr | 0.49% |
| Eicher Motors Ltd | Equity | ₹84.94 Cr | 0.48% |
| Adani Green Energy Ltd | Equity | ₹84.34 Cr | 0.48% |
| Future on Godrej Properties Ltd | Equity - Future | ₹-81.72 Cr | 0.47% |
| Future on ITC Hotels Ltd | Equity - Future | ₹-81.53 Cr | 0.47% |
| Godrej Properties Ltd | Equity | ₹81.52 Cr | 0.46% |
| Grasim Industries Ltd | Equity | ₹80.99 Cr | 0.46% |
| Future on Hindustan Unilever Ltd | Equity - Future | ₹-80.72 Cr | 0.46% |
| Future on Bank of Baroda | Equity - Future | ₹-80.7 Cr | 0.46% |
| Bank of Baroda | Equity | ₹80.61 Cr | 0.46% |
| Future on Punjab National Bank | Equity - Future | ₹-80.59 Cr | 0.46% |
| Future on Grasim Industries Ltd | Equity - Future | ₹-80.22 Cr | 0.46% |
| Punjab National Bank | Equity | ₹79.96 Cr | 0.46% |
| IDFC First Bank Ltd | Equity | ₹79.9 Cr | 0.46% |
| Future on APL Apollo Tubes Ltd | Equity - Future | ₹-79 Cr | 0.45% |
| Hindustan Unilever Ltd | Equity | ₹78.97 Cr | 0.45% |
| Future on IDFC First Bank Ltd | Equity - Future | ₹-78.77 Cr | 0.45% |
| APL Apollo Tubes Ltd | Equity | ₹78.75 Cr | 0.45% |
| Canara Bank | Cash - CD/Time Deposit | ₹78.5 Cr | 0.45% |
| ITC Ltd | Equity | ₹78.45 Cr | 0.45% |
| Future on Markwell Pacific Limited | Equity - Future | ₹-76.37 Cr | 0.44% |
| Future on Infosystems SA | Equity - Future | ₹-75.03 Cr | 0.43% |
| Infosys Ltd | Equity | ₹74.92 Cr | 0.43% |
| Future on Muthoot Finance Ltd | Equity - Future | ₹-74.69 Cr | 0.43% |
| Marico Ltd | Equity | ₹74.39 Cr | 0.42% |
| Muthoot Finance Ltd | Equity | ₹73.71 Cr | 0.42% |
| Future on Hero MotoCorp Ltd | Equity - Future | ₹-73.03 Cr | 0.42% |
| Future on Varun Beverages Ltd | Equity - Future | ₹-71.83 Cr | 0.41% |
| Tata Consultancy Services Ltd | Equity | ₹71.58 Cr | 0.41% |
| Hero MotoCorp Ltd | Equity | ₹71.12 Cr | 0.41% |
| The Federal Bank Ltd | Equity | ₹71.07 Cr | 0.41% |
| Varun Beverages Ltd | Equity | ₹70 Cr | 0.40% |
| Future on The Federal Bank Ltd | Equity - Future | ₹-69.82 Cr | 0.40% |
| Future on Tata Consultancy Services Ltd | Equity - Future | ₹-69.73 Cr | 0.40% |
| Future on Cummins India Ltd | Equity - Future | ₹-67.66 Cr | 0.39% |
| Cummins India Ltd | Equity | ₹66.88 Cr | 0.38% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹65.98 Cr | 0.38% |
| Future on Crompton Greaves Consumer Electricals Ltd | Equity - Future | ₹-65.79 Cr | 0.38% |
| Indian Hotels Co Ltd | Equity | ₹62.87 Cr | 0.36% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹62.73 Cr | 0.36% |
| Future on Coforge Ltd | Equity - Future | ₹-62.35 Cr | 0.36% |
| Coforge Ltd | Equity | ₹62.24 Cr | 0.35% |
| Future on The Ballarat Brewing Company Limited | Equity - Future | ₹-61.65 Cr | 0.35% |
| Future on Sun Pharmaceuticals Industries Ltd | Equity - Future | ₹-61.24 Cr | 0.35% |
| Future on Vedanta Ltd Cedear | Equity - Future | ₹-60.62 Cr | 0.35% |
| Vedanta Ltd | Equity | ₹60.08 Cr | 0.34% |
| GE Vernova T&D India Ltd | Equity | ₹59.68 Cr | 0.34% |
| Future on GE Vernova T&D India Ltd | Equity - Future | ₹-58.31 Cr | 0.33% |
| Future on Patanjali Foods Ltd | Equity - Future | ₹-58.27 Cr | 0.33% |
| Future on Life Insurance Corporation of India | Equity - Future | ₹-58.11 Cr | 0.33% |
| Patanjali Foods Ltd | Equity | ₹58 Cr | 0.33% |
| Life Insurance Corporation of India | Equity | ₹57.99 Cr | 0.33% |
| Biocon Ltd | Equity | ₹57.27 Cr | 0.33% |
| Indian Oil Corp Ltd | Equity | ₹56.97 Cr | 0.32% |
| Future on Biocon Ltd | Equity - Future | ₹-56.57 Cr | 0.32% |
| Future on Supreme Industries Ltd | Equity - Future | ₹-56 Cr | 0.32% |
| Future on India Shelter Finance Corporation Ltd | Equity - Future | ₹-55.76 Cr | 0.32% |
| Future on Bharat Electronics Ltd | Equity - Future | ₹-55.72 Cr | 0.32% |
| Bharat Electronics Ltd | Equity | ₹55.63 Cr | 0.32% |
| Future on Fortis Healthcare Ltd | Equity - Future | ₹-55.17 Cr | 0.31% |
| Fortis Healthcare Ltd | Equity | ₹54.61 Cr | 0.31% |
| Future on Cipla Ltd | Equity - Future | ₹-54.6 Cr | 0.31% |
| Supreme Industries Ltd | Equity | ₹54 Cr | 0.31% |
| Cipla Ltd | Equity | ₹53.96 Cr | 0.31% |
| Future on SBI Life Insurance Co Ltd | Equity - Future | ₹-51.85 Cr | 0.30% |
| SBI Life Insurance Co Ltd | Equity | ₹51.37 Cr | 0.29% |
| Future on Adani Ports & Special Economic Zone Ltd | Equity - Future | ₹-50.85 Cr | 0.29% |
| Axis Bank Ltd. | Bond - Corporate Bond | ₹49.06 Cr | 0.28% |
| Adani Ports & Special Economic Zone Ltd | Equity | ₹48.96 Cr | 0.28% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹48.52 Cr | 0.28% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹48.31 Cr | 0.28% |
| Future on Adani Power Ltd | Equity - Future | ₹-48 Cr | 0.27% |
| Future on Kalyan Jewellers India Ltd | Equity - Future | ₹-47.41 Cr | 0.27% |
| Future on Container Corporation of India Ltd | Equity - Future | ₹-46.64 Cr | 0.27% |
| Adani Power Ltd | Equity | ₹46.53 Cr | 0.27% |
| Kalyan Jewellers India Ltd | Equity | ₹46.41 Cr | 0.26% |
| Container Corporation of India Ltd | Equity | ₹46.26 Cr | 0.26% |
| Future on HDFC Life Insurance Co Ltd | Equity - Future | ₹-45.1 Cr | 0.26% |
| HDFC Life Insurance Co Ltd | Equity | ₹44.95 Cr | 0.26% |
| HDFC Asset Management Co Ltd | Equity | ₹44.29 Cr | 0.25% |
| Future on HDFC Asset Management Co Ltd | Equity - Future | ₹-43.42 Cr | 0.25% |
| Future on Tata Motors Passenger Vehicles Ltd | Equity - Future | ₹-41.32 Cr | 0.24% |
| Bosch Ltd | Equity | ₹40.75 Cr | 0.23% |
| Future on Bosch Ltd | Equity - Future | ₹-40.1 Cr | 0.23% |
| Tata Motors Passenger Vehicles Ltd | Equity | ₹39.98 Cr | 0.23% |
| Future on Power Grid Corp Of India Ltd | Equity - Future | ₹-37.05 Cr | 0.21% |
| Future on Tata Power Co Ltd | Equity - Future | ₹-36.97 Cr | 0.21% |
| Power Grid Corp Of India Ltd | Equity | ₹36.85 Cr | 0.21% |
| Tata Power Co Ltd | Equity | ₹36.58 Cr | 0.21% |
| Polycab India Ltd | Equity | ₹35.89 Cr | 0.20% |
| Future on Max Financial Services Ltd | Equity - Future | ₹-35.47 Cr | 0.20% |
| Max Financial Services Ltd | Equity | ₹35.36 Cr | 0.20% |
| Future on RBL Bank Ltd | Equity - Future | ₹-35.13 Cr | 0.20% |
| Future on Polycab India Ltd | Equity - Future | ₹-35.11 Cr | 0.20% |
| Future on Alkem Laboratories Ltd | Equity - Future | ₹-35.03 Cr | 0.20% |
| RBL Bank Ltd | Equity | ₹34.9 Cr | 0.20% |
| Alkem Laboratories Ltd | Equity | ₹34.78 Cr | 0.20% |
| Future on Tata Consumer Products Ltd | Equity - Future | ₹-34.66 Cr | 0.20% |
| Tata Consumer Products Ltd | Equity | ₹34.35 Cr | 0.20% |
| Prestige Estates Projects Ltd | Equity | ₹34.17 Cr | 0.19% |
| Future on Prestige Estates Projects Ltd | Equity - Future | ₹-33.38 Cr | 0.19% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹32.97 Cr | 0.19% |
| ICICI Prudential Life Insurance Co Ltd | Equity | ₹32.95 Cr | 0.19% |
| Future on Cholamandalam Investment and Finance Co Ltd | Equity - Future | ₹-32.78 Cr | 0.19% |
| Divi's Laboratories Ltd | Equity | ₹32.76 Cr | 0.19% |
| Laurus Labs Ltd | Equity | ₹32.23 Cr | 0.18% |
| Future on ICICI Prudential Life Insurance Co Ltd | Equity - Future | ₹-32.12 Cr | 0.18% |
| Future on Divi's Laboratories Ltd | Equity - Future | ₹-32.01 Cr | 0.18% |
| Future on UNO Minda Ltd | Equity - Future | ₹-32 Cr | 0.18% |
| UNO Minda Ltd | Equity | ₹31.65 Cr | 0.18% |
| Future on Bandhan Bank Ltd | Equity - Future | ₹-31.6 Cr | 0.18% |
| Future on Laurus Labs Ltd | Equity - Future | ₹-31.58 Cr | 0.18% |
| Bandhan Bank Ltd | Equity | ₹31.2 Cr | 0.18% |
| Future on Tech Mahindra Ltd | Equity - Future | ₹-30.07 Cr | 0.17% |
| Tech Mahindra Ltd | Equity | ₹29.89 Cr | 0.17% |
| Hitachi Energy India Ltd Ordinary Shares | Equity | ₹27.51 Cr | 0.16% |
| Future on Bank of India | Equity - Future | ₹-26.86 Cr | 0.15% |
| Future on Hitachi Energy India Ltd Ordinary Shares | Equity - Future | ₹-26.84 Cr | 0.15% |
| Bank of India | Equity | ₹26.58 Cr | 0.15% |
| Future on Apollo Hospitals Enterprise Ltd | Equity - Future | ₹-25.95 Cr | 0.15% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹25.81 Cr | 0.15% |
| Future on Godrej Consumer Products Ltd | Equity - Future | ₹-25.69 Cr | 0.15% |
| Godrej Consumer Products Ltd | Equity | ₹25.46 Cr | 0.15% |
| Eternal Ltd | Equity | ₹25.38 Cr | 0.14% |
| Future on Eternal Image, Inc. | Equity - Future | ₹-25 Cr | 0.14% |
| Future on Voltas Ltd | Equity - Future | ₹-24.55 Cr | 0.14% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹24.3 Cr | 0.14% |
| Voltas Ltd | Equity | ₹24.19 Cr | 0.14% |
| Bharat Petroleum Corp Ltd | Equity | ₹24 Cr | 0.14% |
| Future on HCL Technologies Ltd | Equity - Future | ₹-23.9 Cr | 0.14% |
| Aurobindo Pharma Ltd | Equity | ₹23.7 Cr | 0.14% |
| HCL Technologies Ltd | Equity | ₹23.67 Cr | 0.14% |
| Future on Bharat Petroleum Corp Ltd | Equity - Future | ₹-23.44 Cr | 0.13% |
| Future on Aurobindo Pharma Ltd | Equity - Future | ₹-23.37 Cr | 0.13% |
| Future on Oil & Natural Gas Corp Ltd | Equity - Future | ₹-23.37 Cr | 0.13% |
| Future on PNB Housing Finance Ltd | Equity - Future | ₹-23.3 Cr | 0.13% |
| Oil & Natural Gas Corp Ltd | Equity | ₹23.21 Cr | 0.13% |
| PNB Housing Finance Ltd | Equity | ₹23.07 Cr | 0.13% |
| Future on LIC Housing Finance Ltd | Equity - Future | ₹-22.98 Cr | 0.13% |
| LIC Housing Finance Ltd | Equity | ₹22.94 Cr | 0.13% |
| Future on Delhivery Ltd | Equity - Future | ₹-22.07 Cr | 0.13% |
| Future on JSW Energy Ltd | Equity - Future | ₹-22.05 Cr | 0.13% |
| JSW Energy Ltd | Equity | ₹21.65 Cr | 0.12% |
| Delhivery Ltd | Equity | ₹21.58 Cr | 0.12% |
| Bajaj Auto Ltd | Equity | ₹21.47 Cr | 0.12% |
| Future on Bajaj Auto Ltd | Equity - Future | ₹-21.4 Cr | 0.12% |
| Aditya Birla Capital Ltd | Equity | ₹20.94 Cr | 0.12% |
| Future on Aditya Birla Capital Ltd | Equity - Future | ₹-20.69 Cr | 0.12% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹19.65 Cr | 0.11% |
| Future on NBCC India Ltd | Equity - Future | ₹-18.22 Cr | 0.10% |
| NBCC India Ltd | Equity | ₹18.21 Cr | 0.10% |
| PG Electroplast Ltd | Equity | ₹17.77 Cr | 0.10% |
| Future on The Biwako Bank, Limited | Equity - Future | ₹-17.77 Cr | 0.10% |
| Phoenix Mills Ltd | Equity | ₹17.76 Cr | 0.10% |
| Future on PG Electroplast Ltd | Equity - Future | ₹-17.74 Cr | 0.10% |
| Union Bank of India | Equity | ₹16.53 Cr | 0.09% |
| Future on Union Bank of India | Equity - Future | ₹-16.33 Cr | 0.09% |
| Future on Power Corporation of Canada Participating Preferred | Equity - Future | ₹-15.37 Cr | 0.09% |
| Future on Hindustan Aeronautics Ltd Ordinary Shares | Equity - Future | ₹-15.14 Cr | 0.09% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹14.98 Cr | 0.09% |
| Power Finance Corp Ltd | Equity | ₹14.82 Cr | 0.08% |
| Future on Solar Industries India Ltd | Equity - Future | ₹-14.12 Cr | 0.08% |
| Solar Industries India Ltd | Equity | ₹13.98 Cr | 0.08% |
| Future on Dabur India Ltd | Equity - Future | ₹-13.06 Cr | 0.07% |
| Dabur India Ltd | Equity | ₹12.81 Cr | 0.07% |
| DLF Ltd | Equity | ₹12.54 Cr | 0.07% |
| Future on Angelica Corporation | Equity - Future | ₹-12.33 Cr | 0.07% |
| Angel One Ltd Ordinary Shares | Equity | ₹12.27 Cr | 0.07% |
| Future on DLF Ltd | Equity - Future | ₹-12.23 Cr | 0.07% |
| Future on Cochin Shipyard Ltd | Equity - Future | ₹-12.14 Cr | 0.07% |
| Cochin Shipyard Ltd | Equity | ₹12.08 Cr | 0.07% |
| Nestle India Ltd | Equity | ₹11.97 Cr | 0.07% |
| Future on SRF Ltd | Equity - Future | ₹-11.79 Cr | 0.07% |
| SRF Ltd | Equity | ₹11.68 Cr | 0.07% |
| Future on Nestle India Ltd | Equity - Future | ₹-11.67 Cr | 0.07% |
| PB Fintech Ltd | Equity | ₹11.55 Cr | 0.07% |
| FSN E-Commerce Ventures Ltd | Equity | ₹11.36 Cr | 0.06% |
| Future on PB Fintech Ltd | Equity - Future | ₹-11.31 Cr | 0.06% |
| Future on FSN E-Commerce Ventures Ltd | Equity - Future | ₹-11.08 Cr | 0.06% |
| Future on KPIT Technologies Ltd | Equity - Future | ₹-10.89 Cr | 0.06% |
| KPIT Technologies Ltd | Equity | ₹10.84 Cr | 0.06% |
| InterGlobe Aviation Ltd | Equity | ₹10.76 Cr | 0.06% |
| Future on Motilal Oswal Financial Services Ltd | Equity - Future | ₹-10.6 Cr | 0.06% |
| Motilal Oswal Financial Services Ltd | Equity | ₹10.59 Cr | 0.06% |
| Future on InterGlobe Aviation Ltd | Equity - Future | ₹-10.52 Cr | 0.06% |
| Colgate-Palmolive (India) Ltd | Equity | ₹10.33 Cr | 0.06% |
| Future on Colgate-Palmolive (India) Ltd | Equity - Future | ₹-10.12 Cr | 0.06% |
| Torrent Pharmaceuticals Ltd | Equity | ₹9.56 Cr | 0.05% |
| Lupin Ltd | Equity | ₹9.49 Cr | 0.05% |
| Future on Lupin Ltd | Equity - Future | ₹-9.41 Cr | 0.05% |
| Future on Torrent Pharmaceuticals Ltd | Equity - Future | ₹-9.33 Cr | 0.05% |
| Inox Wind Ltd | Equity | ₹9.14 Cr | 0.05% |
| Future on Inox Wind Ltd | Equity - Future | ₹-9.14 Cr | 0.05% |
| Future on ICICI Lombard General Insurance Co Ltd | Equity - Future | ₹-9.12 Cr | 0.05% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹9.12 Cr | 0.05% |
| Future on Bank of Maharashtra | Equity - Future | ₹-8.75 Cr | 0.05% |
| Bank of Maharashtra | Equity | ₹8.64 Cr | 0.05% |
| Future on GMR Airports Ltd | Equity - Future | ₹-8.47 Cr | 0.05% |
| Jindal Steel Ltd | Equity | ₹8.42 Cr | 0.05% |
| GMR Airports Ltd | Equity | ₹8.29 Cr | 0.05% |
| Future on Jindal Steel Ltd | Equity - Future | ₹-8.26 Cr | 0.05% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹7.71 Cr | 0.04% |
| Suzlon Energy Ltd | Equity | ₹7.66 Cr | 0.04% |
| Future on Max Healthcare Institute Ltd Ordinary Shares | Equity - Future | ₹-7.52 Cr | 0.04% |
| Hindustan Petroleum Corp Ltd | Equity | ₹7.48 Cr | 0.04% |
| Future on Suzlon Energy Ltd | Equity - Future | ₹-7.46 Cr | 0.04% |
| Future on Hindustan Petroleum Corp Ltd | Equity - Future | ₹-7.42 Cr | 0.04% |
| Future on 360 One Wam Ltd Ordinary Shares | Equity - Future | ₹-7.16 Cr | 0.04% |
| 360 One Wam Ltd Ordinary Shares | Equity | ₹7.11 Cr | 0.04% |
| Future on Tube Investments of India Ltd Ordinary Shares | Equity - Future | ₹-6.98 Cr | 0.04% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹6.95 Cr | 0.04% |
| Bharat Forge Ltd | Equity | ₹6.95 Cr | 0.04% |
| CG Power & Industrial Solutions Ltd | Equity | ₹6.85 Cr | 0.04% |
| Future on Bharat Forge Ltd | Equity - Future | ₹-6.78 Cr | 0.04% |
| Bajaj Holdings and Investment Ltd | Equity | ₹6.72 Cr | 0.04% |
| Samvardhana Motherson International Ltd | Equity | ₹6.72 Cr | 0.04% |
| Future on CG Power & Industrial Solutions Ltd | Equity - Future | ₹-6.67 Cr | 0.04% |
| Future on Samvardhana Motherson International Ltd | Equity - Future | ₹-6.59 Cr | 0.04% |
| Future on Bajaj Holdings and Investment Ltd | Equity - Future | ₹-6.56 Cr | 0.04% |
| Kaynes Technology India Ltd | Equity | ₹6.25 Cr | 0.04% |
| Future on Kaynes Technology India Ltd | Equity - Future | ₹-6.22 Cr | 0.04% |
| Future on Page Industries Ltd | Equity - Future | ₹-5.67 Cr | 0.03% |
| Page Industries Ltd | Equity | ₹5.66 Cr | 0.03% |
| Future on Trent Ltd | Equity - Future | ₹-5.49 Cr | 0.03% |
| Trent Ltd | Equity | ₹5.44 Cr | 0.03% |
| Future on Radico Khaitan Ltd | Equity - Future | ₹-5.3 Cr | 0.03% |
| Radico Khaitan Ltd | Equity | ₹5.25 Cr | 0.03% |
| Future on Zydus Lifesciences Ltd | Equity - Future | ₹-4.75 Cr | 0.03% |
| Zydus Lifesciences Ltd | Equity | ₹4.7 Cr | 0.03% |
| Future on Sagility Ltd | Equity - Future | ₹-4.26 Cr | 0.02% |
| Sagility Ltd | Equity | ₹4.23 Cr | 0.02% |
| Future on Persistent Systems Ltd | Equity - Future | ₹-3.95 Cr | 0.02% |
| Persistent Systems Ltd | Equity | ₹3.92 Cr | 0.02% |
| Cash Margin - Ccil | Cash - Repurchase Agreement | ₹3.77 Cr | 0.02% |
| Bajaj Finserv Ltd | Equity | ₹3.58 Cr | 0.02% |
| Future on Bajaj Finserv Ltd | Equity - Future | ₹-3.55 Cr | 0.02% |
| Future on Mazagon Dock Shipbuilders Ltd | Equity - Future | ₹-3.11 Cr | 0.02% |
| Mazagon Dock Shipbuilders Ltd | Equity | ₹3.07 Cr | 0.02% |
| Future on Hyundai Motor India Ltd | Equity - Future | ₹-2.9 Cr | 0.02% |
| Hyundai Motor India Ltd | Equity | ₹2.85 Cr | 0.02% |
| GAIL (India) Ltd | Equity | ₹2.58 Cr | 0.01% |
| Future on GAIL (India) Ltd | Equity - Future | ₹-2.51 Cr | 0.01% |
| Future on SBI Cards and Payment Services Ltd Ordinary Shares | Equity - Future | ₹-2.5 Cr | 0.01% |
| SBI Cards and Payment Services Ltd Ordinary Shares | Equity | ₹2.42 Cr | 0.01% |
| Future on Rail Vikas Nigam Ltd | Equity - Future | ₹-2.36 Cr | 0.01% |
| IndusInd Bank Ltd | Equity | ₹2.35 Cr | 0.01% |
| Rail Vikas Nigam Ltd | Equity | ₹2.34 Cr | 0.01% |
| Future on IndusInd Bank Ltd | Equity - Future | ₹-2.32 Cr | 0.01% |
| National Aluminium Co Ltd | Equity | ₹2 Cr | 0.01% |
| Future on National Aluminium Co Ltd | Equity - Future | ₹-2 Cr | 0.01% |
| Future on United Spirits Ltd | Equity - Future | ₹-1.68 Cr | 0.01% |
| United Spirits Ltd | Equity | ₹1.67 Cr | 0.01% |
| Ather Energy Ltd | Equity | ₹1.29 Cr | 0.01% |
| Future on Oberoi Realty Ltd | Equity - Future | ₹-1.24 Cr | 0.01% |
| Oberoi Realty Ltd | Equity | ₹1.24 Cr | 0.01% |
| Future on Ather Energy Ltd | Equity - Future | ₹-1.24 Cr | 0.01% |
| Future on Mphasis Ltd | Equity - Future | ₹-1.21 Cr | 0.01% |
| Mphasis Ltd | Equity | ₹1.2 Cr | 0.01% |
| Vishal Mega Mart Ltd | Equity | ₹1.02 Cr | 0.01% |
| Future on Vishal Mega Mart Ltd | Equity - Future | ₹-1 Cr | 0.01% |
| Oracle Financial Services Software Ltd | Equity | ₹0.5 Cr | 0.00% |
| Future on Oracle Financial Services Software Ltd | Equity - Future | ₹-0.49 Cr | 0.00% |
| Future on Amber Enterprises India Ltd Ordinary Shares | Equity - Future | ₹-0.38 Cr | 0.00% |
| Amber Enterprises India Ltd Ordinary Shares | Equity | ₹0.38 Cr | 0.00% |
| Pidilite Industries Ltd | Equity | ₹0.25 Cr | 0.00% |
| Future on Pidilite Industries Ltd | Equity - Future | ₹-0.25 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
AA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹4,393.42 Cr | 25.06% |
| Basic Materials | ₹1,676.54 Cr | 9.56% |
| Energy | ₹1,237.55 Cr | 7.06% |
| Consumer Cyclical | ₹1,014.35 Cr | 5.79% |
| Industrials | ₹939.25 Cr | 5.36% |
| Communication Services | ₹679.71 Cr | 3.88% |
| Healthcare | ₹587.73 Cr | 3.35% |
| Utilities | ₹507.34 Cr | 2.89% |
| Technology | ₹469.97 Cr | 2.68% |
| Consumer Defensive | ₹461.66 Cr | 2.63% |
| Real Estate | ₹147.23 Cr | 0.84% |
Risk & Performance Ratios
Standard Deviation
This fund
0.51%
Cat. avg.
0.56%
Lower the better
Sharpe Ratio
This fund
1.96
Cat. avg.
0.89
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.76
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 31st August 2026
ISIN INF204K01XZ7 | Expense Ratio 1.37% | Exit Load No Charges | Fund Size ₹17,533 Cr | Age 13 years 8 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
₹8,00,996 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 22-Sep-2026, is ₹30.98.
What are the returns of Nippon India Arbitrage Fund Direct Growth?
The fund has generated 6.73% over the last 1 year and 7.31% 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 -0.41% in equities, 8.12% in bonds, and 92.23% 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.
