LIC MF Arbitrage Fund - Direct (IDCW-M)

Arbitrage Fund

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NAV
13.74(0.05%)
Fund Size (CR)
₹277.23
Expense Ratio
0.29
Scheme Type
Active Fund
Value Research
-

Min. investment
₹5,000
Minimum Additional Investment
₹500
Minimum SIP Investment
₹100
Minimum Withdrawal
₹500
Exit Load
0.5%
Return Since Launch
5.85%

Absolute Return: 1.76%

Annualized Return: 0%

Basic Details

Scheme Manager

Sumit Bhatnagar

Bench Mark

Nifty 50 Arbitrage TRI

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	March 10, 2026	10027.18	0.27%	-	0.22%	5/175
1 Month	February 17, 2026	10051.01	0.51%	-	0.46%	25/175
3 Month	December 17, 2025	10172.85	1.73%	-	1.61%	20/174
6 Month	September 17, 2025	10335.03	3.35%	-	3.21%	47/166
1 Year	March 17, 2025	10679.83	6.80%	6.80%	6.50%	53/160
3 Year	March 17, 2023	12394.39	23.94%	7.41%	7.20%	50/142
5 Year	March 17, 2021	13621.95	36.22%	6.37%	6.06%	46/140
Since Inception	January 25, 2019	15013.70	50.14%	5.85%	5.79%	105/175

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	April 1, 2025	1,20,000	135577.38	12.98%	12.98%
3 Year	April 3, 2023	3,60,000	437335.86	21.48%	6.70%
5 Year	April 1, 2021	6,00,000	779480.91	29.91%	5.37%
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%.

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Monthly Investment (₹)

Minimum value allowed is 500

Expected Returns Rate (%)

Minimum value allowed is 1

Time Period (in Years)

Minimum value allowed is 1

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Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

0.11%

Standard Deviation

0.72%

Beta

3.62%

Sharpe Ratio

-1.02%

Treynor's Ratio

0.18%

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
HDFC Bank	6.52%	203500	18.07	Equity	Banks
Reliance Industr	5.03%	100000	13.94	Equity	Refineries
ICICI Bank	4.91%	98700	13.61	Equity	Banks
GMR Airports	4.41%	1213650	12.21	Equity	Miscellaneous
Bharti Airtel	4.35%	64125	12.05	Equity	Telecom-Service
Tata Steel	3.96%	517000	10.98	Equity	Steel
M & M	3.95%	32200	10.94	Equity	Automobile
Bharat Electron	3.61%	225150	10.01	Equity	Aerospace & Defence
Bajaj Finance	3.45%	96000	9.56	Equity	Finance
Kotak Mah. Bank	2.43%	162000	6.73	Equity	Banks

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
LIC MF Arbitrage Fund - Direct (IDCW-M)	277.23	0.51%	1.73%	3.35%	6.80%	7.41%
Motilal Oswal Arbitrage Fund - Direct (G)	2392.39	0.53%	1.81%	3.64%	7.61%	-
Motilal Oswal Arbitrage Fund - Direct (IDCW)	2392.39	0.53%	1.82%	3.64%	7.61%	-
Bandhan Arbitrage - Direct (IDCW-M)	8650.08	0.45%	1.65%	3.81%	7.40%	7.89%
Franklin India Arbitrage Fund - Direct (G)	794.42	0.61%	1.85%	3.62%	7.29%	-
Franklin India Arbitrage Fund - Direct (IDCW)	794.42	0.61%	1.85%	3.62%	7.29%	-

List of Schemes under LIC Mutual Fund

Fund Name	Category	Risk	1Y Returns	Ratings	Fund Size (Cr)
LIC MF Equity Hybrid Fund	Hybrid	Very High	7.41%	2	₹518.22
LIC MF Medium to Long Duration Fund	Debt	Moderate	6.44%	4	₹198.50
LIC MF Flexi Cap Fund	Equity	Very High	10.74%	2	₹1,000.36
LIC MF Large Cap Fund	Equity	Very High	5.15%	2	₹1,421.53
LIC MF Gilt Fund	Debt	Moderately Low	1.46%	2	₹46.16
LIC MF Banking & PSU Fund	Debt	Moderate	7.23%	3	₹1,879.49
LIC MF Nifty 50 Index Fund	Other	Very High	5.36%	2	₹352.85
LIC MF Infrastructure Fund	Equity	Very High	17.15%	4	₹1,006.68
LIC MF Liquid Fund	Debt	Moderately Low	6.32%	3	₹14,186.72
LIC MF Low Duration Fund	Debt	Moderately Low	7.13%	5	₹2,018.24
LIC MF ELSS Tax Saver	Equity	Very High	-0.03%	2	₹1,044.57
LIC MF BSE Sensex Index Fund	Other	Very High	2.98%	2	₹89.85
LIC MF Equity Savings Fund	Hybrid	Moderately High	8.16%	1	₹35.63
LIC MF Nifty Next 50 Index Fund	Other	Very High	10.06%	1	₹101.14
LIC MF Gold Fund	Other	High	72.52%	3	₹795.06
LIC MF Conservative Hybrid Fund	Hybrid	Moderately High	6.22%	1	₹48.46
LIC MF Children's Fund	Solution Oriented	Very High	3.05%	1	₹14.91
LIC MF Large & Mid Cap Fund	Equity	Very High	6.23%	2	₹3,045.06
LIC MF Banking & Fina Serv Fund	Equity	Very High	16.5%	1	₹277.43
LIC MF Midcap Fund	Equity	Very High	4.9%	2	₹337.15
LIC MF Small Cap Fund	Equity	Very High	4.14%	2	₹605.89
LIC MF Focused Fund	Equity	Very High	7.13%	0	₹163.85
LIC MF Long Term Value Fund	Equity	Very High	15.38%	1	₹202.68
LIC MF Dividend Yield Fund	Equity	Very High	8.47%	0	₹662.34
LIC MF Arbitrage Fund	Hybrid	Low	6.8%	2	₹277.23
LIC MF Short Duration Fund	Debt	Moderate	7.31%	3	₹193.58
LIC MF Healthcare Fund	Equity	Very High	4.91%	2	₹82.13
LIC MF Overnight Fund	Debt	Moderately Low	5.53%	4	₹549.64
LIC MF Ultra Short Term Fund	Debt	Low	6.75%	5	₹230.34
LIC MF Balanced Advantage Fund	Hybrid	Very High	4.55%	2	₹709.59
LIC MF Money Market Fund	Debt	Moderately Low	6.92%	1	₹4,900.25
LIC MF Multi Cap Fund	Equity	Very High	9.85%	0	₹1,828.51
LIC MF Manufacturing Fund	Equity	Very High	20.15%	0	₹741.29
LIC MF Multi Asset Allocation Fund	Hybrid	Very High	16.59%	0	₹969.87
LIC MF Consumption Fund	Equity	Very High	0%	0	₹494.96

News

LIC Mutual Fund Introduction of Weekly Frequency under SIP Facility for LIC MF Technology Fund
LIC Mutual Fund Notice: Introduction of Weekly SIP Frequency Notice is hereby given to all the investors/unit holders that LIC Mutual Fund Asset Management Limited ('AMC') has decided to introduce weekly frequency under Systematic Investment Plan ('SIP') Facility for LIC MF Technology Fund ('The Scheme') w.e.f. 19th March 2026.
The key features of weekly frequency under SIP Facility shall be as follows:

Scheme Name Minimum Amount Minimum Instalments

LIC MF Technology Fund Rs.150/- and in multiples of Rs.1/- thereafter. 40

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Scheme Name	Minimum Amount	Minimum Instalments
LIC MF Technology Fund	Rs.150/- and in multiples of Rs.1/- thereafter.	40

LIC Mutual Fund announces change in face value under its scheme

LIC Mutual Fund has announced change in Face Value under the following scheme, With effect from 06 March 2026.

Change in Face Value

Scheme Name	Existing Provisions	Revised Provisions
LIC MF Gold Exchange Traded Fund	Face Value Rs. 100/- Creation Unit size 1,000 units	Face Value Rs. 1/- Creation Unit size 1,20,000 units

Scheme Name

Existing Provisions

Revised Provisions

LIC MF Gold Exchange Traded Fund

Face Value

Rs. 100/-

Creation Unit size

1,000 units

Face Value

Rs. 1/-

Creation Unit size

1,20,000 units

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LIC Mutual Fund announces appointment of Key Personnel
LIC Mutual Fund has announced that Mr. Ramakrishnan Chander has been appointed as an Associate Director with effect from February 11, 2026 ('Effective Date').
Details of Mr. Ramakrishnan Chander
Age: 58 years
Designation: Associate Director
Qualification: B. Sc., Post Graduate Diploma in Financial Management (PGDFM)
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Fund House Details & Investment Objective

Date of Incorporation

January 4, 2019

Total AUM (Cr)

₹277.23

LIC MF Arbitrage Fund - Direct (IDCW-M) is an Arbitrage Fund-oriented fund from the renowned AMC, LIC Mutual Fund. Launched in January 4, 2019, this fund is managed by Sumit Bhatnagar. With assets under management (AUM) worth ₹277.23 (Cr), as of March 18, 2026, LIC MF Arbitrage Fund - Direct (IDCW-M) is categorized as a Arbitrage Fund within its segment. The fund has generated a return of 5.85% since its launch.
The current NAV of LIC MF Arbitrage Fund - Direct (IDCW-M) is ₹13.74, as on March 18, 2026. The fund's benchmark index is Nifty 50 Arbitrage TRI. You can invest in LIC MF 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 ₹5,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
The fund has generated 7.41% and 6.37% 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 66.34% in Equity, 11.20% in Debt and 22.48% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 21.03% in Others, 17.47% in Banks, 11.72% in Debt, 6.60% in Telecom-Services, 5.62% in Finance

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