May 3, 2025
mayank
DSP Arbitrage Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 15.4910
Monthly NAV IDCW: Rs 12.9710
NAV IDCW: Rs 12.2630
Suitable For Which Investors?
“Arbitrage funds invest in equity shares and derivatives, and earn their returns through the price differential between a stock and its futures. You can expect to earn better returns than what you would get from a bank account.
They are usually suitable to park your money for a period ranging between three months to a year. However, we believe that liquid funds, which have a similar risk-return payoff, are a better alternative for most investors for such a time frame. Arbitrage funds may have some appeal for those who are in the highest tax bracket, given the preferential tax treatment of these funds.
The risk of incurring a loss in these funds over the said time frame is low but they do not guarantee returns or safety of capital.
Remember, these funds usually deliver low returns which are only marginally higher than your bank account. They are not suitable if your aim is to build wealth in the long run.”
Fund’s Investment Strategy:
The Scheme seeks to generate income through arbitrage opportunities between cash and derivative market and arbitrage opportunities within the derivative market.
Fund Manager:
1) Kaivalya Nadkarni
Education: Ms. Nadkarni has done B.Com, CA, CS and CFA
Experience: Prior to joining DSP Mutual Fund, she has worked with ICICI Prudential MF, RSN & Company and G.M.Kapadia & Co
2) Karan Mundhra
Education: Mr. Mundra is a B. COM. and Charted Accountant (CA)
Experience: He is working with DSP Mutual Fund since april 2012, he has Over 9 years of experience.
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | 500 |
| Lock-in Period | NA |
| Exit Load | For units in excess of 10% of the investment, 0.25% will be charged for redemption within 30 days |
Basic Details
| Fund House | DSP Mutual Fund |
| Launch Date | 25-Jan-18 |
| Return Since Launch | 6.20% |
| Benchmark | NIFTY 50 Arbitrage TRI |
| Riskometer | Low |
| Type | Open-ended |
| Assets | Rs 5,964 Cr |
| (As on 31-Mar-2025) | |
| Expense | 0.34% |
| (As on 31-Mar-2025) | |
| Risk Grade | Average |
| Return Grade | Average |
| Turnover | 1251.00% |
Trailing Returns (%) of DSP Arbitrage Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| DSP Arbitrage Dir | 2.64 | 0.04 | 0.67 | 1.94 | 3.92 | 8.04 | 7.33 | 5.95 | 6.18 | — |
| CCIL T Bill Liquidity Weight | 1.90 | 0.02 | 0.57 | 1.42 | 2.55 | 5.14 | 4.32 | 3.44 | 3.70 | — |
| Hybrid: Arbitrage | 2.65 | 0.05 | 0.69 | 1.95 | 3.91 | 7.99 | 7.23 | 5.94 | 6.13 | — |
| Rank within category | 20 | 22 | 24 | 21 | 19 | 17 | 12 | 15 | 12 | — |
| Number of funds in category | 31 | 32 | 31 | 31 | 28 | 27 | 24 | 22 | 17 | 14 |
Peer Comparison of DSP Arbitrage Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| DSP Arbitrage Dir | 3 star | 8.04 | 7.33 | 5.95 | 0.34 | 5,964 | 6.20 | 0.25 (30) | 7Y 3M | 1,251.00 |
| Kotak Equity Arbitrage Dir | 4 star | 8.31 | 7.59 | 6.29 | 0.44 | 60,373 | 7.13 | 0.25 (30) | 12Y 4M | 2,032.60 |
| Invesco India Arbitrage Dir | 5 star | 8.27 | 7.70 | 6.34 | 0.39 | 19,675 | 6.98 | 0.50 (15) | 12Y 4M | 1,735.00 |
| ABSL Arbitrage Dir | 4 star | 8.26 | 7.42 | 6.14 | 0.29 | 14,236 | 7.01 | 0.25 (15) | 12Y 4M | 1,230.00 |
| Edelweiss Arbitrage Dir | 4 star | 8.24 | 7.52 | 6.24 | 0.36 | 14,003 | 6.88 | 0.25 (15) | 10Y 10M | 341.00 |
Portfolio Analysis of DSP Arbitrage Fund
| No. of Stocks | 162 |
| Top 10 Holdings | 29.64% |
| Top 5 Stocks | 21.05% |
| Top 3 Sectors | –% |
| Portfolio P/B Ratio | 2.39 |
| Portfolio P/E Ratio | 16.67 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,70,247 | 2,17,282 |
| Giant (%) | 48.33 | 53.52 |
| Large (%) | 28.66 | 28.18 |
| Mid (%) | 22.09 | 17.43 |
| Small (%) | 0.92 | 1.08 |
| Tiny (%) | — | — |
| Fund | Category | |
| Number of Securities | 351 | 248 |
| Macaulay Duration (yrs) | — | — |
| Average Maturity (yrs) | — | — |
| Yield to Maturity (%) | — | — |
| Avg Credit Rating | GOI/Cash | — |
Chanakya’s Mutual Fund Guidance For DSP Arbitrage Fund
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