October 1, 2026
mayank
Zerodha Arbitrage Fund
| Fund at a Glance | |
| NAV Growth (Rs.) | 10.04 |
| NAV IDCW (Rs.) | — |
| Bonus NaV (Rs.) | — |
| Min. Investment (Rs.) | 5,000 |
| Min. SIP Investment (Rs.) | 1,000 |
| Min. No of Cheques | 1 |
| Benchmark |
NIFTY 50 Arbitrage TRI
|
| AUM Rs. | 35 Cr |
| (As on 31-Aug-2026) | |
| Expense | 0.20% |
| 1 Year Return (%) | — |
| 3 Year Return (%) | — |
| 5 Year Return (%) | — |
| 10 Year Return (%) | — |
| Return Since Launch | 0.44% |
Suitable For Which Investors?
Arbitrage funds are suitable for:
1. Parking emergency corpus or idle money for investors in the highest tax bracket
2. Earning slightly higher returns than savings bank account, with low-to-moderate volatility
3. Investment horizon of 3 months to 1 year
Note:
• There is no guarantee of returns
• Not suitable for long-term wealth creation
Fund’s Investment Strategy:
The scheme seeks to generate income and capital appreciation by investing in arbitrage opportunities in the cash and derivatives segments of the equity market, including opportunities within the derivatives segment, and by investing the remaining portion in debt and money market instruments.
Fund Manager:
1) Kedarnath Mirajkar
Education: Mr. Mirajkar has done PGDBM (Finance)
Experience: Prior to joining Zerodha Mutual Fund, he has worked with ABSL AMC, HDFC Bank as a Deupty Manager, Bombay Dyeing as a Finance Executive. He has over 10 years of experience in the Mutual Fund Industry.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 5,000 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. Withdrawal (Rs) | 1 |
| Min. No of Cheques | 1 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0.25% for redemption within 30 days |
Basic Details of Zerodha Arbitrage Fund
| Fund House | Zerodha Mutual Fund |
| Launch Date | 18-Aug-26 |
| Return Since Launch | 0.44% |
| Benchmark | NIFTY 50 Arbitrage TRI |
| Riskometer | Low |
| Type | Open-ended |
| Assets | 35 Cr |
| (As on 31-Aug-2026) | |
| Base Expense Ratio | 0.20% |
| (As on 31-Aug-2026) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Zerodha Arbitrage Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Zerodha Arbitrage Dir | — | -0.17 | 0.25 | — | — | — | — | — | — | — |
| Hybrid: Arbitrage | — | -0.24 | 0.24 | — | — | — | — | — | — | — |
| Rank within category | — | 5 | 24 | — | — | — | — | — | — | — |
| Number of funds in category | 36 | 40 | 40 | 39 | 38 | 33 | 26 | 24 | 22 | 15 |
Peer Comparison of Zerodha 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 (%) | |
| Zerodha Arbitrage Dir | Unrated | — | — | — | 0.20 | 35 | 0.44 | 0.25 (30) | 1M | — |
| Kotak Arbitrage Dir | 4 out of 5 stars | 6.45 | 7.34 | 6.88 | 0.33 | 75,712 | 7.04 | 0.25 (30) | 13Y 8M | 489.53 |
| Invesco India Arbitrage Dir | 5 out of 5 stars | 6.48 | 7.32 | 6.99 | 0.34 | 30,618 | 6.91 | 0.50 (15) | 13Y 8M | 1658.00 |
| ABSL Arbitrage Dir | 4 out of 5 stars | 6.50 | 7.32 | 6.75 | 0.27 | 27,237 | 6.95 | — | 13Y 8M | 1007.00 |
| Tata Arbitrage Dir | 5 out of 5 stars | 6.54 | 7.38 | 6.81 | 0.26 | 24,950 | 6.50 | 0.25 (15) | 7Y 9M | 281.33 |
Zerodha Arbitrage Fund Portfolio Analysis
| No. of Stocks | 27 |
| Top 10 Holdings | 46.41% |
| Top 5 Stocks | 30.79% |
| Top 3 Sectors | 0.17% |
| Portfolio P/B Ratio | 2.29 |
| Portfolio P/E Ratio | 11.58 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,07,824 | 2,51,618 |
| Large (%) | 71.49 | 75.81 |
| Mid (%) | 22.26 | 19.27 |
| Small (%) | 6.26 | 5.32 |
| Fund | Category | |
| Number of Securities | 55 | 261 |
| Macaulay Duration (yrs) | — | — |
| Average Maturity (yrs) | — | — |
| Yield to Maturity (%) | — | — |
| Avg Credit Rating | GOI/Cash | — |
Note: Mutual fund investments are subject to market risks, read all scheme-related documents carefully.
Apply Online: https://www.zerodhafundhouse.com/
>> Post your MF questions @ sahifund.com/ask-me/
>> NFO Guidance: https://sahifund.com/category/nfos/
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