TRUSTMF Arbitrage Fund Direct Growth

Fund Overview

Fund Size

₹152 Cr

Expense Ratio

1.68%

ISIN

INF0GCD01859

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

28 Aug 2025

About this fund

TRUSTMF Arbitrage Fund Direct Growth is a Arbitrage Fund mutual fund schemes offered by Trust Mutual Fund. This fund has been in existence for 1 years and 12 days, having been launched on 28-Aug-25.
As of 08-Sep-26, it has a Net Asset Value (NAV) of ₹10.66, Assets Under Management (AUM) of 151.78 Crores, and an expense ratio of 1.68%.

TRUSTMF Arbitrage Fund Direct Growth has given a CAGR return of 6.37% since inception.
The fund's asset allocation comprises around 77.07% in equities, 0.37% in debts, and 22.56% in cash & cash equivalents.
You can start investing in TRUSTMF Arbitrage Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.

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

+6.43%

+6.13% (Cat Avg.)

Since Inception

+6.37%

— (Cat Avg.)

Portfolio Summaryas of 31st July 2026

Equity	₹116.98 Cr	77.07%
Debt	₹0.56 Cr	0.37%
Others	₹34.24 Cr	22.56%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
TrustMF Liquid Dir Gr	Mutual Fund - Open End	₹23.37 Cr	15.40%
Treps 03-Aug-2026	Cash - Repurchase Agreement	₹15.16 Cr	9.99%
Canara Bank	Equity	₹10.8 Cr	7.11%
HDFC Bank Ltd	Equity	₹9.48 Cr	6.25%
Axis Bank Ltd	Equity	₹7.76 Cr	5.11%
Reliance Industries Ltd	Equity	₹5.69 Cr	3.75%
Kalyan Jewellers India Ltd	Equity	₹4.47 Cr	2.94%
Maruti Suzuki India Ltd	Equity	₹4.2 Cr	2.77%
Bajaj Finance Ltd	Equity	₹4.19 Cr	2.76%
Adani Enterprises Ltd	Equity	₹3.91 Cr	2.57%
Net Receivables / (Payables)	Cash	₹-3.73 Cr	2.46%
Indus Towers Ltd Ordinary Shares	Equity	₹3.66 Cr	2.41%
Vodafone Idea Ltd	Equity	₹3.53 Cr	2.33%
Adani Energy Solutions Ltd	Equity	₹3.33 Cr	2.20%
Larsen & Toubro Ltd	Equity	₹3.17 Cr	2.09%
TVS Motor Co Ltd	Equity	₹3.02 Cr	1.99%
Cholamandalam Investment and Finance Co Ltd	Equity	₹2.89 Cr	1.90%
ICICI Bank Ltd	Equity	₹2.81 Cr	1.85%
Eicher Motors Ltd	Equity	₹2.74 Cr	1.81%
Crompton Greaves Consumer Electricals Ltd	Equity	₹2.69 Cr	1.77%
Yes Bank Ltd	Equity	₹2.62 Cr	1.73%
Bandhan Bank Ltd	Equity	₹2.57 Cr	1.69%
Indian Energy Exchange Ltd	Equity	₹2.53 Cr	1.67%
State Bank of India	Equity	₹2.23 Cr	1.47%
Punjab National Bank	Equity	₹1.8 Cr	1.19%
Info Edge (India) Ltd	Equity	₹1.69 Cr	1.11%
Kotak Mahindra Bank Ltd	Equity	₹1.64 Cr	1.08%
ITC Ltd	Equity	₹1.5 Cr	0.99%
Ambuja Cements Ltd	Equity	₹1.45 Cr	0.96%
Indian Hotels Co Ltd	Equity	₹1.33 Cr	0.88%
UltraTech Cement Ltd	Equity	₹1.25 Cr	0.82%
IDFC First Bank Ltd	Equity	₹1.18 Cr	0.78%
Hindalco Industries Ltd	Equity	₹1.16 Cr	0.76%
Nestle India Ltd	Equity	₹1.13 Cr	0.75%
Patanjali Foods Ltd	Equity	₹1.07 Cr	0.70%
HDFC Asset Management Co Ltd	Equity	₹1.02 Cr	0.67%
Hindustan Unilever Ltd	Equity	₹0.95 Cr	0.62%
Bank of Baroda	Equity	₹0.92 Cr	0.61%
IndusInd Bank Ltd	Equity	₹0.85 Cr	0.56%
Glenmark Pharmaceuticals Ltd	Equity	₹0.84 Cr	0.55%
Britannia Industries Ltd	Equity	₹0.74 Cr	0.49%
Asian Paints Ltd	Equity	₹0.69 Cr	0.45%
Bajaj Finserv Ltd	Equity	₹0.67 Cr	0.44%
HDFC Life Insurance Co Ltd	Equity	₹0.66 Cr	0.44%
UNO Minda Ltd	Equity	₹0.65 Cr	0.43%
Steel Authority Of India Ltd	Equity	₹0.64 Cr	0.42%
Tata Steel Ltd	Equity	₹0.63 Cr	0.41%
Tata Motors Passenger Vehicles Ltd	Equity	₹0.6 Cr	0.39%
Bajaj Holdings and Investment Ltd	Equity	₹0.6 Cr	0.39%
Eternal Ltd	Equity	₹0.44 Cr	0.29%
Mahindra & Mahindra Ltd	Equity	₹0.41 Cr	0.27%
Coal India Ltd	Equity	₹0.39 Cr	0.26%
Shriram Finance Ltd	Equity	₹0.35 Cr	0.23%
Tata Power Co Ltd	Equity	₹0.33 Cr	0.22%
Apollo Hospitals Enterprise Ltd	Equity	₹0.22 Cr	0.15%
Inox Wind Ltd	Equity	₹0.2 Cr	0.13%
Adani Ports & Special Economic Zone Ltd	Equity	₹0.16 Cr	0.11%
Mphasis Ltd	Equity	₹0.13 Cr	0.08%
Polycab India Ltd	Equity	₹0.11 Cr	0.07%
One97 Communications Ltd	Equity	₹0.1 Cr	0.06%
Indian Oil Corp Ltd	Equity	₹0.07 Cr	0.04%
Phoenix Mills Ltd	Equity	₹0.07 Cr	0.04%
Havells India Ltd	Equity	₹0.06 Cr	0.04%

Allocation By Market Cap (Equity)

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹57.58 Cr	37.94%
Consumer Cyclical	₹20.54 Cr	13.53%
Energy	₹10.05 Cr	6.62%
Communication Services	₹8.88 Cr	5.85%
Basic Materials	₹5.81 Cr	3.83%
Consumer Defensive	₹5.39 Cr	3.55%
Industrials	₹3.71 Cr	2.44%
Utilities	₹3.66 Cr	2.41%
Healthcare	₹1.06 Cr	0.70%
Technology	₹0.23 Cr	0.15%
Real Estate	₹0.07 Cr	0.04%

Risk & Performance Ratios

Fund Managers

Mihir Vora

Since August 2025

Bhavin Hemani

Since July 2026

Additional Scheme Detailsas of 31st July 2026

ISIN

INF0GCD01859

Expense Ratio

1.68%

Exit Load

No Charges

Fund Size

₹152 Cr

Age

1 year

Lumpsum Minimum

₹1,000

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	5.6%
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	7.0%
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	3.7%
Samco Arbitrage Fund Direct Growth Low Risk	1.0%	0.0%	₹30.13 Cr	5.1%
Franklin India Arbitrage Fund Direct Growth Low Risk	1.2%	0.0%	₹1505.08 Cr	7.0%
Franklin India Arbitrage Fund Regular Growth Low Risk	1.9%	0.0%	₹1505.08 Cr	6.3%
WhiteOak Capital Arbitrage Fund Regular Growth Low Risk	3.3%	0.0%	₹1996.02 Cr	6.4%
WhiteOak Capital Arbitrage Fund Direct Growth Low Risk	2.6%	0.0%	₹1996.02 Cr	7.2%
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%	₹46803.09 Cr	6.5%
Bandhan Arbitrage Fund Regular Growth Low Risk	2.3%	0.0%	₹8010.98 Cr	5.8%
Nippon India Arbitrage Fund Direct Growth Low Risk	1.4%	0.0%	₹16915.99 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%	₹74398.69 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	6.1%
SBI Arbitrage Opportunities Fund Regular Growth Low Risk	2.0%	0.0%	₹46803.09 Cr	6.0%
UTI Arbitrage Fund Regular Growth Low Risk	1.9%	0.0%	₹11131.60 Cr	6.1%
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	6.3%
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	6.0%
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	6.6%
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	6.0%

About the AMC

Trust Mutual Fund

+91 2262746000

https://www.trustmf.com/

Total AUM

₹6,812 Cr

Address

801, 8th Floor, G Block, Naman Center, Bandra Kurla Complex, Mumbai, 400051

Other Funds by Trust Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
TRUSTMF Large & Mid Cap Fund Direct Growth Very High Risk	0.8%	1.0%	-	-
TRUSTMF Mid Cap Fund Direct Growth Very High Risk	1.9%	1.0%	₹429.31 Cr	-
TRUSTMF Arbitrage Fund Direct Growth Low Risk	1.7%	0.0%	₹151.78 Cr	6.4%
TRUSTMF Multi Cap Fund Direct Growth Very High Risk	1.8%	1.0%	₹681.02 Cr	20.9%
TrustMF Small Cap Fund Direct Growth Very High Risk	1.5%	1.0%	₹2859.82 Cr	35.8%
TrustMF Flexi Cap Fund Direct Growth Very High Risk	1.7%	1.0%	₹1000.75 Cr	11.9%
TrustMF Fixed Maturity Plan - Series II (1196 Days) Direct Growth Moderate Risk	-	0.0%	₹58.60 Cr	6.8%
TrustMF Banking & PSU Debt Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹130.72 Cr	7.3%
TRUSTMF Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹74.84 Cr	5.2%
TrustMF Short Term Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹58.91 Cr	5.7%
TrustMF Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹1130.36 Cr	6.5%
TRUSTMF Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹144.59 Cr	6.6%
TrustMF Corporate Bond Fund Direct Growth Moderate Risk	0.2%	0.0%	₹91.29 Cr	5.2%

Risk Level

Your principal amount will be at Low Risk

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

The NAV of TRUSTMF Arbitrage Fund Direct Growth, as of 08-Sep-2026, is ₹10.66.

What is the portfolio composition of TRUSTMF Arbitrage Fund Direct Growth?

The fund's allocation of assets is distributed as 77.07% in equities, 0.37% in bonds, and 22.56% in cash and cash equivalents.

Who manages the TRUSTMF Arbitrage Fund Direct Growth?

The fund managers responsible for TRUSTMF Arbitrage Fund Direct Growth are:-

Mihir Vora
Bhavin Hemani

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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TRUSTMF Arbitrage Fund Direct Growth

Fund Overview