November 1, 2025
RA Jainee
Old Bridge Arbitrage Fund Direct-Growth
Old Bridge Arbitrage Fund Direct-Growth snapshot
| NFO opens on | 06 November 2025 |
| NFO Closes on | 10 November 2025 |
| Min. Investment | Rs. 5000 |
| Plans | Growth, IDCW |
| Sahifund Verdict | “Stable, low-risk option — good short-term alternative to liquid funds with better tax efficiency.” |
⏱️ Last Update: 06 November 2025, 10.00 AM
Table of Contents:
1. NFO Open date, Close date
2. NFO Investment Strategy
3. Basic Details NFO
4. Benchmark Index NFO
5. Fund Manager | Performance Review of Fund Manager
6. Should You Invest in this NFO?
7. Invest Online
What is the Old Bridge Arbitrage Fund Direct-Growth Open Date, Close Date?
NFO opens on November 06, 2025
NFO will close on November 10, 2025
Investment Strategy for this NFO?
The scheme seeks to generate income by investing in arbitrage opportunities between cash and derivative segments of the equity markets and by investing the balance in debt and money market instruments
Basic Details
| Fund House | Old Bridge Mutual Fund |
| Issue Open | 06 November 2025 |
| Issue Close | 10 November 2025 |
| Type | Open-ended |
| Category | Hybrid: Arbitrage |
| Min. Investment(₹) | 5,000 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | 0.25% for redemption within 7 days |
| Riskometer | Low |
| Benchmark | NIFTY 50 Arbitrage TRI |
About Benchmark Index for this NFO?
In equity market arbitrage is a popular strategy used by market participants that involves buying equities and selling equivalent equity futures.
The Nifty 50 Arbitrage Index aims to measure the performance of such arbitrage strategies. The index measures performance of portfolio involving investment in equity and equivalent short position equity futures, short-term debt market investments and cash.
Portfolio Characteristics
| Methodology | Price Returns |
| No. of Constituents | — |
| Launch Date | July 08, 2016 |
| Base Date | April 01, 2010 |
| Base Value | 1000 |
| Calculation Frequency | End of day |
| Index Rebalancing | — |
Fund Managers of Old Bridge Arbitrage Fund Direct-Growth
1) Kenneth Andrade
Education: Mr. Andrade is a B.Com (H) from Mumbai University.
Experience: He is the founder of Old Bridge Capital Management Pvt. Ltd.. Prior to this, he has worked with Kotak AMC, IDFC AMC, ShareKhan, LKP Sec Ltd., Meghraj Capital Advisors, Apple Asset Management Company Ltd.
AMC
Old Bridge Asset Management Pvt. Ltd.
Address: 1705, ONE BKC, C- Wing, G- Block Bandra Kurla Complex Bandra East Mumbai – 400051
Website: https://www.oldbridgemf.com/
Registrar & Transfer Agent
KFin Technologies Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad – 500016
Website: https://mfs.kfintech.com/mfs/
Review for Old Bridge Arbitrage Fund Direct-Growth @ sahifund.com by Paresh Gordhandas, C.A. & Research Analyst
[ A ] Benchmark Performance of NIFTY 50 Arbitrage TRI
Performance
| QTD | YTD | 1 Year | 5 Years | Since Inception | |
| Returns (%) # | 0.48 | 6.20 | 7.74 | 6.07 | 6.25 |
| 1 Year | 5 Years | Since Inception | |
| Std. Deviation * | 1.14 | 1.15 | 1.43 |
Weights of Index Constituents
| Near-Month | |
| NIFTY 50 Index Futures | 65% |
| 1 Month MIBOR | 30% |
| Cash | 5% |
Past Performance of Kenneth Andrade
| Fund | Old Bridge Focused Fund | It’s Benchmark |
| 1 Year | 1.74 | 5.32 |
| 3 Year | — | — |
| 5 Year | — | — |
| 7 Year | — | — |
| 10 Year | — | — |
As on 01-11-2025
[B] Review of Fund Managers
Kenneth Andrade
-
Background: Mr. Andrade is a B.Com (H) from Mumbai University., He is the founder of Old Bridge Capital Management Pvt. Ltd.. Prior to this, he has worked with Kotak AMC, IDFC AMC, ShareKhan, LKP Sec Ltd., Meghraj Capital Advisors, Apple Asset Management Company Ltd.
🧾 SahiFund NFO Verdict — Old Bridge Arbitrage Fund (Direct-Growth)
The Old Bridge Arbitrage Fund aims to generate stable returns through arbitrage opportunities between the cash and futures market, complemented by short-term debt investments. Its benchmark, Nifty 50 Arbitrage TRI, has shown steady annual returns of 7.7% (1-year) and ~6% CAGR over 5 years, with extremely low volatility (Std. Dev ~1.1%). This makes the category ideal for investors seeking a low-risk, liquid alternative to short-term debt funds.
Given the current elevated equity derivatives volumes and healthy futures spreads, the short- to medium-term outlook for arbitrage strategies remains favorable. Fund manager Kenneth Andrade, known for his disciplined and research-driven approach at Old Bridge Capital, brings strong market insight and risk management skills that should support consistent performance in this fund.
This NFO is suitable for conservative to moderate investors looking for low-risk parking options with better tax efficiency than liquid or savings funds, especially over a 3–12 month horizon.
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
Is it good to invest in Old Bridge Arbitrage Fund Direct-Growth NFO?
>> Post your MF questions @ sahifund.com/ask-me/
>> NFO Guidance:
https://sahifund.com/category/nfos/
Quicklinks