August 13, 2025
RA Jainee
Sundaram Arbitrage Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 15.3442
NAV IDCW Monthly: Rs 13.2675
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 capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market instruments.
Fund Manager:
1) Ashish Aggarwal
Education: Mr. Aggarwal has done BE, PGPM
Experience: Prior to joining Sundaram Mutual Fund, he has worked with Principal Mutual Fund, IL&FS Investsmart, Tata Securities and Antique Stock Broking.
2) Rohit Seksaria
Education: Mr. Seksaria is CS, CA & has done MBA from IIM Ahmedabad
Experience: Prior to joining Sundaram Mutual Fund he has worked with Progress Capital/Asia Capital & Advisor Pte Ltd., Matchpoint Investment Management and Progress Capital Pte Ltd.
3) Dwijendra Srivastava
Education: Mr. Srivastava is B.Tech , PGDM (Finance) and CFA.
Experience: Prior to joining Sundaram Mutual Fund he has worked with PGIM India Mutual Fund, JM Financial AMC, Tata AMC Private Ltd., Tower Capital and Securities, Indo Swiss Financial and Gontermann Pipers.
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 100 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | For units in excess of 25% of the investment, 1% will be charged for redemption within 15 days |
Basic Details of Sundaram Arbitrage Fund
| Fund House | Sundaram Mutual Fund |
| Launch Date | 21-Apr-16 |
| Return Since Launch | 5.01% |
| Benchmark | NIFTY 50 Arbitrage TRI |
| Riskometer | Low |
| Type | Open-ended |
| Assets | Rs 277 Cr |
| (As on 31-Jul-2025) | |
| Expense | 0.17% |
| (As on 31-Jul-2025) | |
| Risk Grade | Above Average |
| Return Grade | Below Average |
| Turnover | 83.90% |
Trailing Returns (%) of Sundaram Arbitrage Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Sundaram Arbitrage Dir | 4.56 | -0.04 | 0.49 | 1.79 | 3.58 | 7.33 | 7.35 | 5.95 | 4.64 | — |
| CCIL T Bill Liquidity Weight | 3.19 | 0.01 | 0.26 | 1.21 | 2.51 | 4.95 | 4.54 | 3.57 | 3.72 | — |
| Hybrid: Arbitrage | 4.40 | 0.01 | 0.50 | 1.80 | 3.47 | 7.24 | 7.48 | 6.15 | 6.07 | — |
| Rank within category | 8 | 31 | 19 | 20 | 12 | 14 | 18 | 20 | 18 | — |
| Number of funds in category | 31 | 32 | 32 | 32 | 31 | 27 | 25 | 23 | 18 | 14 |
Peer Comparison of Sundaram 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 (%) | |
| Sundaram Arbitrage Dir | 2 star | 7.33 | 7.35 | 5.95 | 0.17 | 277 | 5.01 | 1.00 (15) | 9Y 3M | 83.90 |
| Kotak Arbitrage Dir | 4 star | 7.48 | 7.83 | 6.48 | 0.44 | 71,608 | 7.11 | 0.25 (30) | 12Y 7M | 1938.47 |
| Invesco India Arbitrage Dir | 5 star | 7.52 | 7.90 | 6.52 | 0.39 | 24,205 | 6.97 | 0.50 (15) | 12Y 7M | 1721.00 |
| ABSL Arbitrage Dir | 4 star | 7.56 | 7.71 | 6.34 | 0.31 | 22,310 | 7.00 | 0.25 (15) | 12Y 7M | 1144.00 |
| Tata Arbitrage Dir | 5 star | 7.64 | 7.79 | 6.45 | 0.31 | 17,291 | 6.53 | 0.25 (30) | 6Y 7M | 462.60 |
Portfolio Analysis of Sundaram Arbitrage Fund
| No. of Stocks | 37 |
| Top 10 Holdings | 48.60% |
| Top 5 Stocks | 30.33% |
| Top 3 Sectors | 0.01% |
| Portfolio P/B Ratio | 2.84 |
| Portfolio P/E Ratio | 19.35 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 4,31,893 | 2,29,438 |
| Giant (%) | 78.52 | 56.10 |
| Large (%) | 15.56 | 28.08 |
| Mid (%) | 5.92 | 16.05 |
| Small (%) | — | 0.99 |
| Tiny (%) | — | — |
| Fund | Category | |
| Number of Securities | 81 | 255 |
| Macaulay Duration (yrs) | 0.41 | 0.31 |
| Average Maturity (yrs) | 0.43 | 0.33 |
| Yield to Maturity (%) | 5.49 | 5.74 |
| Avg Credit Rating | GOI/Cash | — |
Chanakya’s Mutual Fund Guidance For Sundaram Arbitrage Fund
WILL Post Soon
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
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