How to Invest in DSP Arbitrage Fund - Direct (IDCW-M) Direct Growth?

DSP Arbitrage Fund - Direct (IDCW-M) is a popular fund in the Arbitrage Fund segment. The fund has generated a return of 6.06% since inception. Looking to invest in DSP Arbitrage Fund - Direct (IDCW-M) How about earning 1% extra return? All this is possible with m.Stock ! Investing in DSP Arbitrage Fund - Direct (IDCW-M) is super easy and convenient with m.Stock. Here’s how you can begin: Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage on Mutual Funds, Delivery & IPO. In the ‘Menu’ section, under ‘Products’ , select ‘Mutual Funds’ . In the search bar, enter the fund name, in this case, DSP Arbitrage Fund - Direct (IDCW-M) On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus. If you choose to invest a Lumpsum: Use the Lumpsum Calculator to estimate returns, then enter the investment amount, select the payment mode mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete. If you choose the SIP route: Utilize the SIP Calculator to forecast potential growth, then enter the SIP amount, SIP date, and set up ‘Autopay’ facility. So, why wait? Invest in DSP Arbitrage Fund - Direct (IDCW-M) today and reap the benefits of this Arbitrage Fund fund!

How much returns has DSP Arbitrage Fund - Direct (IDCW-M) Direct Growth generated?

In the short term, i.e., 1 year, DSP Arbitrage Fund - Direct (IDCW-M) has generated annualised return of 6.03%. In the long-term, the fund has generated 6.94% and 6.61% in 3 and 5 years respectively. Since its inception, the fund has generated 6.06% returns.

What is the expense ratio of DSP Arbitrage Fund - Direct (IDCW-M) Direct Growth?

The expense ratio of DSP Arbitrage Fund - Direct (IDCW-M) Direct Growth is 1.17%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of DSP Arbitrage Fund - Direct (IDCW-M) Fund Direct Growth?

The Assets Under Management (AUM) of DSP Arbitrage Fund - Direct (IDCW-M) is ₹6,720.03 (Cr) as of 2026-11-05 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from DSP Arbitrage Fund - Direct (IDCW-M) Direct Growth?

Redeeming or selling units of DSP Arbitrage Fund - Direct (IDCW-M) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load . To redeem from DSP Arbitrage Fund - Direct (IDCW-M): Login to your m.Stock account In portfolio, your mutual fund investments will be visible under ‘MF’ Select the fund you wish to redeem from (in this case DSP Arbitrage Fund - Direct (IDCW-M)). Click on ‘Redeem’ button You have 2 options – redeem by units and redeem by value (you can only redeem free units) Select units to be redeemed and click on submit. Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).

Can I invest in SIP and Lumpsum in DSP Arbitrage Fund - Direct (IDCW-M) Direct Growth?

Yes, you can invest both lumpsum and SIP in DSP Arbitrage Fund - Direct (IDCW-M). Minimum lumpsum investment DSP Arbitrage Fund - Direct (IDCW-M) is ₹100 and minimum SIP amount is ₹100 . Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

What is the NAV of DSP Arbitrage Fund - Direct (IDCW-M) Direct Growth?

The latest NAV ( Net Asset Value ) of DSP Arbitrage Fund - Direct (IDCW-M) is DSP Arbitrage Fund - Direct (IDCW-M) is ₹13.29 as on 2026-11-05.

Which are the biggest stock holdings of DSP Arbitrage Fund - Direct (IDCW-M)?

The 5 biggest stock holdings of DSP Arbitrage Fund - Direct (IDCW-M) are: TBILL-364D (0.94%), TREPS (2.42%), Net CA & Others (-0.08%), DSP Money Market Fund - Direct (G) (10.96%), Bank of Baroda (2.89%)

What are the top sectors DSP Arbitrage Fund - Direct (IDCW-M) invests in?

A majority of DSP Arbitrage Fund - Direct (IDCW-M) 's AUM worth ₹6,720.03 (Cr) is invested in these 3 top sectors: Banks : 17.87% Debt : 17.58% Others : 11.56%

DSP Arbitrage Fund - Direct (IDCW-M)

Arbitrage Fund

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NAV
13.29(-0.02%)
Fund Size (CR)
₹6,720.03
Expense Ratio
1.17
Scheme Type
Active Fund
Value Research
-

Min. investment
₹100
Minimum Additional Investment
₹100
Minimum SIP Investment
₹100
Minimum Withdrawal
₹1
Exit Load
0%
Return Since Launch
6.06%

There is no Asset Allocation data

Basic Details

Scheme Manager

Kaivalya Nadkarni

Bench Mark

Nifty 50 Arbitrage Index

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	October 28, 2026	9981.96	-0.18%	-	0.17%	178/182
1 Month	October 1, 2026	10059.35	0.59%	-	0.59%	101/182
3 Month	August 4, 2026	10085.74	0.86%	-	1.18%	169/180
6 Month	May 4, 2026	10320.34	3.20%	-	3.09%	72/180
1 Year	November 4, 2025	10602.81	6.03%	6.03%	6.19%	92/163
3 Year	November 3, 2023	12235.06	22.35%	6.94%	6.79%	61/141
5 Year	November 3, 2021	13773.77	37.74%	6.61%	6.28%	39/133
Since Inception	January 25, 2018	16762.40	67.62%	6.06%	5.76%	93/182

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	December 1, 2025	1,20,000	152443.56	27.04%	27.04%
3 Year	December 1, 2023	3,60,000	470396.25	30.67%	9.33%
5 Year	December 1, 2021	6,00,000	819002.87	36.50%	6.42%
10 Year	-	-	-	-	-

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

Risk Ratios

0.15%

Standard Deviation

0.66%

Beta

3.33%

Sharpe Ratio

-1.87%

Treynor's Ratio

0.43%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
There's no data available of Stock Holdings

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
DSP Arbitrage Fund - Direct (IDCW-M)	6720.03	0.59%	0.86%	3.20%	6.03%	6.94%
Quant Arbitrage Fund - Direct (G)	1007.10	0.65%	1.44%	3.69%	7.48%	-
Quant Arbitrage Fund - Direct (IDCW)	1007.10	0.64%	1.42%	3.64%	7.38%	-
WhiteOak Capital Arbitrage Fund - Direct (G)	2623.34	0.69%	1.44%	3.61%	7.12%	-
Franklin India Arbitrage Fund - Direct (G)	1920.87	0.71%	1.42%	3.55%	7.08%	-
Franklin India Arbitrage Fund - Direct (IDCW)	1920.87	0.71%	1.42%	3.55%	7.08%	-

List of Schemes under DSP Mutual Fund

Fund Name	Category	Risk	1Y Returns	Ratings	Fund Size (Cr)
DSP Gilt Fund	Debt	Moderately High	3.09%	3	₹1,068.93
DSP Liquid Fund	Debt	Moderate	6.52%	4	₹30,280.70
DSP Natural Resources & New Energy Fund	Equity	Very High	8.56%	0	₹2,528.45
DSP Dynamic Term Fund	Debt	Moderately Low	1.65%	2	₹588.15
DSP Dynamic Asset Allocation Fund	Hybrid	Moderately High	2.95%	4	₹3,703.78
DSP India T.I.G.E.R. Fund	Equity	Very High	9.02%	3	₹6,264.82
DSP Ultra Short Term Fund	Debt	Moderately Low	6.45%	3	₹4,468.95
DSP Midcap Fund	Equity	Very High	-0.65%	1	₹19,487.69
DSP World Mining Overseas Equity Omni FoF	Other	Very High	30.54%	0	₹176.34
DSP Corporate Bond Fund	Debt	Moderate	5.76%	4	₹2,650.78
DSP Aggressive Hybrid Fund	Hybrid	Very High	-3.24%	4	₹11,311.98
DSP Small Cap Fund	Equity	Very High	12.22%	2	₹21,467.11
DSP Conservative Hybrid Fund	Hybrid	Moderately High	2.98%	4	₹174.76
DSP Large & Mid Cap Fund	Equity	Very High	-3.67%	3	₹17,284.46
DSP Income Plus Arbitrage Omni FoF	Other	Moderate	4.43%	0	₹1,616.37
DSP CRISIL-IBX 50:50 Gilt Plus SDL-April 2033 Index Fund	Other	Moderately High	3.04%	0	₹264.08
DSP Multi Asset Allocation Fund	Hybrid	Very High	5.44%	0	₹10,819.82
DSP US Specific Debt Passive FoF	Other	Very High	5.48%	0	₹52.21
DSP Floating Interest Rates Fund	Debt	Moderately Low	4.81%	2	₹313.02
DSP Global Innovation Overseas Equity Omni FoF	Other	Very High	10.96%	0	₹1,466.14
DSP Nifty SDL Plus G-Sec Jun 2028 30:70 Index Fund	Other	Moderate	4.81%	0	₹1,638.81
DSP Banking & Financial Services Fund	Equity	Very High	2.05%	0	₹2,034.26
DSP US Specific Equity Omni FoF	Other	Very High	21.64%	0	₹1,280.21
DSP Banking and Psu Debt Fund	Debt	Moderately Low	3.27%	1	₹2,581.39
DSP Equity Savings Fund	Hybrid	Moderately High	1.8%	4	₹3,087.35
DSP Healthcare Fund	Equity	Very High	15.21%	4	₹3,750.04
DSP Overnight Fund	Debt	Low	5.27%	3	₹3,902.72
DSP Focused Fund	Equity	Very High	-0.67%	3	₹2,503.17
DSP Money Market Fund	Debt	Moderate	6.39%	2	₹8,550.21
DSP Ultra Short to Short Term Fund	Debt	Moderately Low	5.54%	3	₹4,496.63
DSP Nifty 50 Equal Weight Index Fund	Other	Very High	-0.5%	5	₹2,549.98
DSP Gold ETF Fund of Fund	Other	High	16.94%	2	₹551.49
DSP Quant Fund	Equity	Very High	-4.54%	0	₹710.89
DSP Nifty Smallcap250 Quality 50 Index Fund	Other	Very High	-7.09%	0	₹301.68
DSP Nifty Bank Index Fund	Other	Very High	-2.95%	0	₹61.38
DSP Business Cycle Fund	Equity	Very High	0.22%	0	₹1,473.57
DSP Nifty Private Bank Index Fund	Other	Very High	-1.01%	0	₹106.11
DSP Nifty IT Index Fund	Other	Very High	-7.52%	0	₹103.29
DSP Nifty500 Flexicap Quality 30 Index Fund	Other	Very High	-6.75%	0	₹197.87
DSP Multi Cap Fund	Equity	Very High	-2.53%	0	₹2,878.27
DSP Nifty Top 10 Equal Weight Index Fund	Other	Very High	-9.47%	0	₹1,044.46
DSP Nifty Healthcare Index Fund	Other	Very High	13.38%	0	₹24.92
DSP Flexi Cap Fund	Equity	Very High	-2.93%	3	₹11,719.54
DSP Large Cap Fund	Equity	Very High	-4.28%	5	₹6,642.38
DSP World Gold Mining Overseas Equity Omni FoF	Other	Very High	21.3%	0	₹1,665.08
DSP Nifty SDL Plus G-Sec Sep 2027 50:50 Index Fund	Other	Moderate	5.19%	0	₹83.62
DSP Medium Term Fund	Debt	Moderate	3.38%	3	₹247.12
DSP Credit Risk Fund	Debt	Moderately High	10.51%	0	₹331.17
DSP Short Term Fund	Debt	Moderately Low	4.24%	3	₹3,405.71
DSP ELSS Tax Saver Fund	Equity	Very High	-3.35%	4	₹15,569.20
DSP 10 year Constant Maturity Gilt Fund	Debt	Moderate	1.3%	0	₹36.11
DSP Silver ETF Fund of Fund	Other	Very High	24.83%	0	₹682.24
DSP Nifty Smallcap 250 Index Fund	Other	Very High	0%	0	₹17.51
DSP Multi Asset Omni Fund of Funds	Other	Very High	0%	0	₹865.56
DSP Global Clean Energy Overseas Equity Omni FoF	Other	Very High	17.42%	0	₹107.18
DSP Arbitrage Fund	Hybrid	Low	6.45%	3	₹6,720.03
DSP Nifty Next 50 Index Fund	Other	Very High	1.52%	1	₹1,349.90
DSP BSE SENSEX Next 30 Index Fund	Other	Very High	3.11%	0	₹28.22
DSP Nifty Midcap 150 Index Fund	Other	Very High	0%	0	₹17.56
DSP Nifty 500 Index Fund	Other	Very High	0%	0	₹16.61
DSP Nifty 50 Index Fund	Other	Very High	-5.56%	3	₹1,047.13
DSP Value Fund	Equity	Very High	2.54%	4	₹2,224.54
DSP Nifty Midcap 150 Quality 50 Index Fund	Other	Very High	-4.09%	1	₹397.64
DSP Financial Services Sectoral Debt Fund	Debt	Moderate	0%	0	₹815.19

News

DSP Mutual Fund announces Change in Face Value & Creation Unit Size

DSP Mutual Fund has announced a change in the face value of units and creation unit size of DSP Gold ETF and DSP Silver ETF with effect from w.e.f. August 28, 2026.

Change in face value and creation of unit size in certain Scheme(s) of the Fund:

Particulars	Existing Provisions	Revised Provisions
DSP Gold ETF	Face value per unit is 10/- Creation Unit Size: The Creation Unit size is 1,00,000 units and in multiples thereof.	Face value per unit will be 1/- Creation Unit Size: The Creation Unit size will be 10,00,000 units and in multiples thereof.
DSP Silver ETF	Face value per unit is 10 Creation Unit Size: The Creation Unit size is 30,000 units and in multiples thereof.	Face value per unit will be 1 Creation Unit Size: The Creation Unit size will be 3,00,000 units and in multiples thereof.

Particulars

Existing Provisions

Revised Provisions

DSP Gold ETF

Face value per unit is 10/-

Creation Unit Size:

The Creation Unit size is 1,00,000 units and in multiples thereof.

Face value per unit will be 1/-

Creation Unit Size:

The Creation Unit size will be 10,00,000 units and in multiples thereof.

DSP Silver ETF

Face value per unit is 10

Creation Unit Size:

The Creation Unit size is 30,000 units and in multiples thereof.

Face value per unit will be 1

Creation Unit Size:

The Creation Unit size will be 3,00,000 units and in multiples thereof.

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DSP MF announces Income Distribution cum Capital Withdrawal (IDCW) under one scheme
DSP Mutual Fund has announced 28 July 2026 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) under the following scheme. The amount of IDCW (Rs. per unit) on the face value of Rs 10 per unit will be:
DSP Aggressive Hybrid Fund ' Regular Plan ' IDCW Option: 0.220000
DSP Aggressive Hybrid Fund ' Direct Plan ' IDCW Option: 0.220000
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Fund House Details & Investment Objective

Date of Incorporation

January 15, 2018

Total AUM (Cr)

₹6720.03

DSP Arbitrage Fund - Direct (IDCW-M) is an Arbitrage Fund-oriented fund from the renowned AMC, DSP Mutual Fund. Launched in January 15, 2018, this fund is managed by Kaivalya Nadkarni. With assets under management (AUM) worth ₹6,720.03 (Cr), as of November 5, 2026, DSP Arbitrage Fund - Direct (IDCW-M) is categorized as a Arbitrage Fund within its segment. The fund has generated a return of 6.06% since its launch.
The current NAV of DSP Arbitrage Fund - Direct (IDCW-M) is ₹13.29, as on November 5, 2026. The fund's benchmark index is Nifty 50 Arbitrage Index. You can invest in DSP Arbitrage Fund - Direct (IDCW-M) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹100.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
The fund has generated 6.94% and 6.61% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 67.39% in Equity, 21.67% in Debt and 10.88% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 17.87% in Banks, 17.58% in Debt, 11.56% in Others, 5.54% in Finance, 4.81% in Petroleum Products

Mutual Fund Categories

Types of Mutual Funds

Debt Funds

Access debt markets and enjoy interest income from bonds and debentures. Ideal for conservative short-term investors

Hybrid Funds

Enjoy best of both the worlds - equity and debt. Ideal for beginners with medium-term investment horizon

Equity Funds

Invest in large, mid, and small cap sector stocks to enjoy capital appreciation. Ideal for aggressive, long-term investors

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SIP Calculator

Compute the future value of your SIP investments

Lumpsum Calculator

Calculate lumpsum investment corpus

SWP Calculator

Calculate the future value of your SWP Investments

FAQs

DSP Arbitrage Fund - Direct (IDCW-M) is a popular fund in the Arbitrage Fund segment. The fund has generated a return of 6.06% since inception. Looking to invest in DSP Arbitrage Fund - Direct (IDCW-M) How about earning 1% extra return? All this is possible with m.Stock! Investing in DSP Arbitrage Fund - Direct (IDCW-M) is super easy and convenient with m.Stock. Here’s how you can begin:

Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage on Mutual Funds, Delivery & IPO.
In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
In the search bar, enter the fund name, in this case, DSP Arbitrage Fund - Direct (IDCW-M)
On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
If you choose to invest a Lumpsum: Use the Lumpsum Calculator to estimate returns, then enter the investment amount, select the payment mode mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
If you choose the SIP route: Utilize the SIP Calculator to forecast potential growth, then enter the SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in DSP Arbitrage Fund - Direct (IDCW-M) today and reap the benefits of this Arbitrage Fund fund!

Redeeming or selling units of DSP Arbitrage Fund - Direct (IDCW-M) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from DSP Arbitrage Fund - Direct (IDCW-M):

Login to your m.Stock account
In portfolio, your mutual fund investments will be visible under ‘MF’
Select the fund you wish to redeem from (in this case DSP Arbitrage Fund - Direct (IDCW-M)).
Click on ‘Redeem’ button
You have 2 options – redeem by units and redeem by value (you can only redeem free units)
Select units to be redeemed and click on submit.
Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).

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