October 31, 2025
RA Jainee
Nippon India Arbitrage Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 29.2380
Monthly NAV IDCW: Rs 15.3032
NAV IDCW: Rs 18.0025
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 by taking advantage of the arbitrage opportunities that potentially exists between cash and derivative market and within the derivative segment along with investments in debt securities & money market instruments.
Fund Manager:
1) Vikash Agarwal
Education: Mr. Agarwal is a B.Com., CA, CFA
Experience: Prior to joining Nippon AMC, he has worked with HDFC AMC, Larsen & Toubro Ltd.
2) Nemish Sheth
Education: Mr. Sheth is a B.Com, PGDM(FINANCE)
Experience: Prior to joining Nippon Mutual Fund, he has worked with Bandhan MF, Nippon Life India Asset Management Ltd. and ICICI Prudential Asset Management Company Ltd.
3) Rohit Hashmukh Shah
Education: Mr. Shah is a Chartered Accountant and FRM – GARP US
Experience: He has over 10 years of experience in Equity Dealing. Prior to Joining Dealing team, he was in risk management department of Nippon Life India Asset Management Limited.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 100 |
| Min. No of Cheques | 60 |
| Min. Balance (Rs) | 1 |
| Lock-in Period | NA |
| Exit Load | 0.25% for redemption within 30 days |
Basic Details of Nippon India Arbitrage Fund
| Fund House | Nippon India Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 7.08% |
| Benchmark | NIFTY 50 Arbitrage TRI |
| Riskometer | Low |
| Type | Open-ended |
| Assets | Rs 15,516 Cr |
| (As on 30-Sep-2025) | |
| Expense | 0.38% |
| (As on 30-Sep-2025) | |
| Risk Grade | Average |
| Return Grade | Above Average |
| Turnover | 1233.00% |
Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Nippon India Arbitrage Dir | 5.67 | 0.02 | 0.52 | 1.50 | 3.12 | 6.98 | 7.65 | 6.36 | 6.29 | 6.50 |
| CCIL T Bill Liquidity Weight | 3.96 | 0.02 | 0.28 | 0.88 | 2.12 | 4.68 | 4.63 | 3.61 | 3.71 | 3.88 |
| Hybrid: Arbitrage | 5.64 | 0.03 | 0.52 | 1.48 | 3.09 | 6.95 | 7.51 | 6.15 | 6.06 | 6.34 |
| Rank within category | 20 | 20 | 16 | 10 | 16 | 16 | 11 | 8 | 4 | 2 |
| Number of funds in category | 31 | 34 | 33 | 32 | 32 | 28 | 25 | 24 | 18 | 14 |
Peer Comparison of Nippon India 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 | Turn over (%) | |
| Nippon India Arbitrage Dir | 4 star | 6.98 | 7.65 | 6.36 | 0.38 | 15,516 | 7.08 | 0.25 (30) | 12Y 9M | 1233.00 |
| Kotak Arbitrage Dir | 4 star | 7.17 | 7.84 | 6.51 | 0.44 | 71,518 | 7.09 | 0.25 (30) | 12Y 9M | 1801.94 |
| SBI Arbitrage Opportunities Dir | 4 star | 7.13 | 7.72 | 6.38 | 0.41 | 39,217 | 6.85 | 0.25 (30) | 12Y 9M | 188.00 |
| Invesco India Arbitrage Dir | 5 star | 7.2 | 7.85 | 6.58 | 0.39 | 27,023 | 6.95 | 0.50 (15) | 12Y 9M | 1674.00 |
| ABSL Arbitrage Dir | 4 star | 7.24 | 7.74 | 6.39 | 0.31 | 22,619 | 6.98 | 0.25 (15) | 12Y 9M | 1073.00 |
Portfolio Analysis of Nippon India Arbitrage Fund
| No. of Stocks | 169 |
| Top 10 Holdings | 39.64% |
| Top 5 Stocks | 29.15% |
| Top 3 Sectors | –% |
| Portfolio P/B Ratio | 2.56 |
| Portfolio P/E Ratio | 20.77 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,15,687 | 2,21,432 |
| Giant (%) | 57.92 | 55.27 |
| Large (%) | 22.64 | 26.81 |
| Mid (%) | 19.20 | 18.19 |
| Small (%) | 0.23 | 0.41 |
| Tiny (%) | — | — |
| Fund | Category | |
| Number of Securities | 358 | 258 |
| Macaulay Duration (yrs) | — | — |
| Average Maturity (yrs) | — | — |
| Yield to Maturity (%) | — | — |
| Avg Credit Rating | GOI/Cash | — |
Chanakya’s Mutual Fund Guidance For Nippon India Arbitrage Fund
WILL POST SOON
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
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