Nippon India Arbitrage Fund (IDCW-M)

Arbitrage Fund

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NAV
14.43(0.07%)
Fund Size (CR)
₹16,514.77
Expense Ratio
1.02
Scheme Type
Active Fund
Value Research
-

Min. investment
₹5,000
Minimum Additional Investment
₹1,000
Minimum SIP Investment
₹100
Minimum Withdrawal
₹100
Exit Load
0.25%
Return Since Launch
5.95%

Absolute Return: 1.51%

Annualized Return: 0%

Basic Details

Scheme Manager

Vikas Agrawal

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 20, 2026	10015.23	0.15%	-	0.16%	104/183
1 Month	February 27, 2026	10046.42	0.46%	-	0.50%	138/175
3 Month	December 26, 2025	10154.73	1.55%	-	1.65%	147/175
6 Month	September 26, 2025	10303.49	3.03%	-	3.20%	122/166
1 Year	March 27, 2025	10614.91	6.15%	6.15%	6.48%	122/160
3 Year	March 27, 2023	12227.24	22.27%	6.93%	7.19%	99/142
5 Year	March 26, 2021	13303.97	33.04%	5.87%	6.06%	89/140
Since Inception	April 1, 2014	19996.80	99.97%	5.95%	5.57%	102/183

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	171485.74	42.90%	42.90%
3 Year	April 3, 2023	3,60,000	550500.08	52.92%	15.21%
5 Year	April 1, 2021	6,00,000	976277.98	62.71%	10.23%
10 Year	April 1, 2016	12,00,000	2105249.30	75.44%	5.78%

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

0.12%

Standard Deviation

0.71%

Beta

2.48%

Sharpe Ratio

-0.59%

Treynor's Ratio

-0.21%

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	5.03%	9365400	831.41	Equity	Banks
ICICI Bank	3.51%	4201400	579.33	Equity	Banks
Reliance Industr	2.92%	3455000	481.59	Equity	Refineries
Bharti Airtel	2.60%	2282850	429.02	Equity	Telecom-Service
Eternal	2.32%	15566075	383.39	Equity	E-Commerce/App based Aggregator
Axis Bank	2.15%	2567500	355.32	Equity	Banks
JSW Steel	2.05%	2683125	339.33	Equity	Steel
Grasim Inds	1.78%	1047750	293.35	Equity	Textiles
M & M	1.49%	724000	245.97	Equity	Automobile
Jio Financial	1.47%	9510450	242.90	Equity	Finance

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Motilal Oswal Arbitrage Fund - Direct (G)	2392.39	0.59%	1.88%	3.65%	7.57%	-
Motilal Oswal Arbitrage Fund - Direct (IDCW)	2392.39	0.59%	1.87%	3.65%	7.56%	-
Bandhan Arbitrage - Direct (IDCW-M)	8650.08	0.49%	1.67%	3.80%	7.32%	7.88%
ITI Arbitrage Fund - Direct (G)	48.75	0.68%	2.04%	3.69%	7.31%	7.75%
ITI Arbitrage Fund - Direct (IDCW)	48.75	0.68%	2.04%	3.69%	7.31%	7.75%

List of Schemes under Nippon India Mutual Fund

Fund Name	Category	Risk	1Y Returns	Ratings	Fund Size (Cr)
Nippon India Large Cap Fund	Equity	Very High	0.2%	5	₹51,403.80
Nippon India Pharma Fund	Equity	Very High	3.77%	3	₹8,306.35
Nippon India Medium to Long Duration Fund	Debt	Moderately Low	2.73%	3	₹383.06
Nippon India Index Fund - BSE Sensex Plan	Other	Very High	-4.32%	2	₹945.62
Nippon India Interval Fund-Annual-Sr.I	Debt	Moderately Low	6.75%	0	₹3.09
Nippon India Balanced Advantage Fund	Hybrid	Very High	2.72%	4	₹9,687.94
Nippon India Nifty G-Sec-Sep2027 Maturity Index Fund	Other	Moderate	7.07%	0	₹408.67
Nippon India CRISIL-IBX AAA Financial Services-Dec 2026 Index Fund	Other	Moderately Low	7.24%	0	₹113.81
Nippon India Income Plus Arbitrage Active FOF	Other	Moderate	0%	0	₹617.71
Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund	Other	Moderately Low	0%	0	₹217.05
Nippon India Corporate Bond Fund	Debt	Moderate	6.12%	4	₹8,898.49
Nippon India Nivesh Lakshya Long Duration Fund	Debt	Moderate	-0.57%	0	₹8,057.49
Nippon India Nifty Smallcap 250 Index Fund	Other	Very High	-3.47%	2	₹2,752.94
Nippon India Small Cap Fund	Equity	Very High	0.85%	4	₹67,641.50
Nippon India Aggressive Hybrid Fund	Hybrid	High	2.38%	4	₹4,063.06
Nippon India Focused Fund	Equity	Very High	0.36%	3	₹8,496.66
Nippon India Retirement Fund-WC	Solution Oriented	Very High	-1.69%	3	₹3,133.09
Nippon India Growth Mid Cap Fund	Equity	Very High	6.54%	4	₹43,982.51
Nippon India Nifty Midcap 150 Index Fund	Other	Very High	4.35%	3	₹2,188.15
Nippon India Consumption Fund	Equity	Very High	-5.9%	4	₹2,512.37
Nippon India Conservative Hybrid Fund	Hybrid	Very High	8.04%	5	₹937.04
Nippon India Retirement Fund-IG	Solution Oriented	Moderately High	0.12%	2	₹142.48
Nippon India Silver ETF FOF	Other	Very High	119.22%	0	₹4,719.87
Nippon India Overnight Fund	Debt	Low	5.52%	4	₹7,765.31
Nippon India Nifty SDL Plus G-Sec-Jun2028 Maturity 70:30 IF	Other	Moderate	6.79%	0	₹329.66
Nippon India Ultra Short Duration Fund	Debt	Moderate	7.07%	4	₹10,161.34
Nippon India Nifty 50 Value 20 Index Fund	Other	Very High	-4.98%	1	₹1,020.60
Nippon India Gilt Fund	Debt	Moderately Low	0.57%	3	₹1,835.09
Nippon India Gilt Fund	Debt	Moderately Low	0.57%	0	₹1,835.09
Nippon India Gilt Fund	Debt	Moderately Low	0.57%	3	₹1,835.09
Nippon India Banking and PSU Fund	Debt	Moderate	5.54%	3	₹5,242.09
Nippon India Nifty Auto Index Fund	Other	Very High	13.88%	0	₹43.71
Nippon India Nifty AAA PSU Bond Plus SDL-Sep2026 Maturity 50:50 IF	Other	Moderately Low	6.87%	0	₹382.18
Nippon India Nifty SDL Plus G-Sec-Jun2029 Maturity 70:30 IF	Other	Moderate	6.66%	0	₹320.72
Nippon India Banking&Financial Services	Equity	Very High	2.18%	5	₹7,869.07
Nippon India Japan Equity Fund	Equity	Very High	28.34%	0	₹311.26
Nippon India Nifty Realty Index Fund	Other	Very High	-22.48%	0	₹35.40
Nippon India Credit Risk Fund	Debt	High	8.66%	5	₹1,059.49
Nippon India Gold Savings Fund	Other	High	58.97%	1	₹7,222.59
Nippon India Index Fund - Nifty 50 Plan	Other	Very High	-2.3%	3	₹3,160.46
Nippon India Diversified Equity Flexicap Passive FoF	Other	Very High	-0.76%	2	₹228.02
Nippon India Money Market Fund	Debt	Moderate	6.85%	4	₹19,938.48
Nippon India Active Momentum Fund	Equity	Very High	3.26%	0	₹362.26
Nippon India ELSS Tax Saver Fund	Equity	Very High	1.98%	3	₹14,959.37
Nippon India Value Fund	Equity	Very High	-0.7%	4	₹9,034.44
Nippon India Flexi Cap Fund	Equity	Very High	-1.87%	3	₹9,298.45
Nippon India Innovation Fund	Equity	Very High	0.31%	0	₹2,754.98
Nippon India BSE Sensex Next 30 Index Fund	Other	Very High	0%	0	₹72.56
Nippon India Nifty AAA CPSE Bond Plus SDL-Apr2027 Maturity 60:40 IF	Other	Moderately Low	7.03%	0	₹2,997.48
Nippon India Short Duration Fund	Debt	Moderate	6.71%	4	₹8,090.19
Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund	Other	Moderately Low	0%	0	₹850.88
Nippon India Low Duration Fund	Debt	Moderately Low	6.94%	3	₹8,878.24
Nippon India US Equity Opportunities Fund	Equity	Very High	7.51%	0	₹703.22
Nippon India Nifty Bank Index Fund	Other	Very High	1.82%	0	₹188.58
Nippon India Dynamic Bond Fund	Debt	Moderate	5.64%	4	₹4,073.24
Nippon India CRISIL-IBX AAA Financial Services-Jan 2028 Index Fund	Other	Moderate	7.15%	0	₹85.54
Nippon India MNC Fund	Equity	Very High	0%	0	₹425.17
Nippon India Arbitrage Fund	Hybrid	Low	6.89%	3	₹16,514.77
Nippon India Interval Fund - Quarterly - Series II	Debt	Moderate	5.83%	0	₹14.53
Nippon India Nifty 500 Low Volatility 50 Index Fund	Other	Very High	0%	0	₹28.14
Nippon India Nifty Next 50 Junior BeES FoF	Other	Very High	-0.89%	2	₹699.73
Nippon India Nifty India Manufacturing Index Fund	Other	Very High	0%	0	₹40.13
Nippon India Medium Duration Fund	Debt	Very High	8.51%	4	₹141.15
Nippon India Vision Large & Mid Cap Fund	Equity	Very High	-0.32%	4	₹6,962.81
Nippon India Equity Savings Fund	Hybrid	Moderately Low	4.54%	2	₹929.26
Nippon India Taiwan Equity Fund	Equity	Very High	157.38%	0	₹519.50
Nippon India Nifty 500 Equal Weight Index Fund	Other	Very High	-1.28%	0	₹396.41
Nippon India Nifty 500 Quality 50 Index Fund	Other	Very High	0%	0	₹43.18
Nippon India Multi - Asset Omni FoF	Other	Very High	9.95%	5	₹2,304.88
Nippon India Floater Fund	Debt	Moderately Low	6.69%	3	₹8,346.74
Nippon India Nifty G-Sec-Jun2036 Maturity Index Fund	Other	Moderate	3.82%	0	₹878.70
Nippon India Power & Infra Fund	Equity	Very High	4.84%	3	₹7,127.91
Nippon India Nifty IT Index Fund	Other	Very High	-19.61%	0	₹186.25
Nippon India Liquid Fund	Debt	Moderately Low	6.31%	4	₹34,354.35
Nippon India Nifty Alpha Low Volatility 30 IF	Other	Very High	-2.21%	2	₹1,392.39
Nippon India Multi Asset Allocation Fund	Hybrid	Very High	17.64%	4	₹13,438.26
Nippon India Quant Fund	Equity	Very High	2.05%	0	₹112.50
Nippon India Multi Cap Fund	Equity	Very High	1.46%	5	₹50,820.01
Nippon India Nifty G-Sec-Oct2028 Maturity Index Fund	Other	Moderate	6.62%	0	₹127.34
Nippon India Nifty 500 Momentum 50 Index Fund	Other	Very High	-1.42%	0	₹1,084.18

News

Nippon India Mutual Fund announces Ceasation of Key Personnel
Nippon India Mutual Fund Announces Cessation of Key Personnel that, Mr. Takayuki Murai ceased to be a Director on the Board of NLITL with effect from March 24, 2026.
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Nippon India Interval Fund ' Annual Interval Fund ' Series I Merger into Nippon India Low Duration Fund
Nippon India Mutual Fund has approved the merger of Nippon India Interval Fund ' Annual Interval Fund ' Series I Merger into Nippon India Low Duration Fund, with effect from 22 April 2026.
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Nippon India Mutual Fund announces change in fund manager under its schemes

Nippon India Mutual Fund has announced change in fund manager under the following schemes, With effect from 11 March 2026.

Change in Fund Manager:

Scheme Name	Existing Fund Manager	New Fund Manager
Nippon India Balanced Advantage Fund	Ashutosh Bhargava, Bhavik Dave, Sushil Budhia, Kinjal Desai, Lokesh Maru, Divya Dutt Sharma	Bhavik Dave, Sushil Budhia, Kinjal Desai, Amber Singhania
Nippon India Multi Asset Allocation Fund	Ashutosh Bhargava, Vinay Sharma, Vikram Dhawan, Sushil Budhia, Kinjal Desai, Lokesh Maru, Divya Dutt Sharma	Vinay Sharma, Vikram Dhawan, Sushil Budhia, Kinjal Desai, Amber Singhania
Nippon India Multi-Asset Omni FoF	Sushil Budhia, Ashutosh Bhargava	Sushil Budhia, Shirish Guthe, Vikram Dhawan
Nippon India Active Momentum Fund Nippon India Aggressive Hybrid Fund Nippon India Arbitrage Fund Nippon India Balanced Advantage Fund Nippon India Banking & Financial Services Fund Nippon India Banking and PSU Fund Nippon India Conservative Hybrid Fund Nippon India Corporate Bond Fund Nippon India Credit Risk Fund Nippon India Consumption Fund Nippon India Dynamic Bond Fund Nippon India ELSS Tax Saver Fund Nippon India Equity Savings Fund Nippon India Flexi Cap Fund Nippon India Floater Fund Nippon India Focused Fund Nippon India Gilt Fund Nippon India Growth Mid Cap Fund Nippon India Innovation Fund Nippon India Interval Fund - Annual Interval Fund: Series I Nippon India Interval Fund - Quarterly Interval Fund: Series II Nippon India Japan Equity Fund Nippon India Large Cap Fund Nippon India Liquid Fund Nippon India Low Duration Fund Nippon India Medium Duration Fund (Existing Number of Segregated Portfolios - 1) Nippon India Medium to Long Duration Fund Nippon India MNC Fund Nippon India Money Market Fund Nippon India Multi Asset Allocation Fund Nippon India Multi Cap Fund Nippon India Nivesh Lakshya Long Duration Fund Nippon India Pharma Fund Nippon India Power & Infra Fund Nippon India Quant Fund Nippon India Retirement Fund - Income Generation Scheme Nippon India Retirement Fund - Wealth Creation Scheme Nippon India Short Duration Fund Nippon India Small Cap Fund Nippon India Taiwan Equity Fund Nippon India Ultra Short Duration Fund Nippon India US Equity Opportunities Fund Nippon India Value Fund Nippon India Vision Large & Mid Cap Fund	Kinjal Desai Fund Manager - Overseas Investment, Lokesh Maru Assistant Fund Manager - Overseas Investment, Divya Dutt Assistant Fund Manager - Overseas Investment	Kinjal Desai Fund Manager - Overseas Investment, Amber Singhania Assistant Fund Manager - Overseas Investment

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Fund House Details & Investment Objective

Date of Incorporation

March 25, 2014

Total AUM (Cr)

₹16514.77

Nippon India Arbitrage Fund (IDCW-M) is an Arbitrage Fund-oriented fund from the renowned AMC, Nippon India Mutual Fund. Launched in March 25, 2014, this fund is managed by Vikas Agrawal. With assets under management (AUM) worth ₹16,514.77 (Cr), as of March 27, 2026, Nippon India Arbitrage Fund (IDCW-M) is categorized as a Arbitrage Fund within its segment. The fund has generated a return of 5.95% since its launch.
The current NAV of Nippon India Arbitrage Fund (IDCW-M) is ₹14.43, as on March 27, 2026. The fund's benchmark index is Nifty 50 Arbitrage TRI. You can invest in Nippon India Arbitrage Fund (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 6.93% and 5.87% 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 66.93% in Equity, 12.23% in Debt and 20.86% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 18.26% in Others, 17.91% in Banks, 7.15% in Debt, 6.05% in Finance, 4.59% in Telecom-Services

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