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Investing Intelligence · Arbitrage Fund

Arbitrage funds, side by side

10 Arbitrage funds with a complete record, in alphabetical order. Every figure is the fund's own, from AMFI and the fund house. This page ranks nothing and recommends nothing.

Data as of 28 Sept 2026 · Direct plan, growth option

The funds

Fund3 years, a year5 years, a yearExpense ratioWorst fall₹1 lakh after 5 years, after taxFund size
Axis Arbitrage FundAxis Mutual Fund +7.4% +6.8% 1.41% -0.6% ₹1,34,087 ₹10,594 cr
DSP Arbitrage fundDSP Mutual Fund +7.3% +6.7% 1.17% -0.6% ₹1,33,016 ₹6,673 cr
HDFC Arbitrage FundHDFC Mutual Fund +7.3% +6.7% 1.50% -0.7% ₹1,33,251 ₹25,509 cr
Kotak Arbitrage FundKotak Mahindra Mutual Fund +7.5% +7.0% 2.32% -0.6% ₹1,34,748 ₹75,842 cr
Mirae Asset Arbitrage FundMirae Asset Mutual Fund +7.4% +6.8% 2.57% -0.4% ₹1,33,686 ₹3,685 cr
Nippon India Arbitrage FundNippon India Mutual Fund +7.4% +6.8% 1.34% -0.6% ₹1,33,930 ₹17,533 cr
Parag Parikh Arbitrage FundPPFAS Mutual Fund — — 0.99% -0.6% — ₹2,799 cr
SBI Arbitrage FundSBI Mutual Fund +7.3% +6.9% 1.48% -0.7% ₹1,34,278 ₹47,283 cr
Tata Arbitrage FundTata Mutual Fund +7.5% +6.9% 1.61% -0.6% ₹1,34,243 ₹24,950 cr
UTI - Arbitrage FundUTI Mutual Fund +7.4% +6.7% 1.25% -0.7% ₹1,33,408 ₹3,629 cr

The after-tax column is ₹1,00,000 placed in the Direct plan five years before the NAV date and sold on it, taxed at 12.5% on the whole gain with 4% cess, as for an investor whose yearly exemption of ₹1.25 lakh is already used. The assumptions and tax rules used

The spread

How far these funds differ.

The lowest and highest figure in each column. The spread says how much the choice within a category matters; it does not say which fund to choose.

Expense ratio, Direct plan0.99% to 2.57%lowest to highest
Return a year over 5 years+6.7% to +7.0%lowest to highest
Worst fall from a peak-0.7% to -0.4%lowest to highest
Reading the table

What each column is.

To set two to five of these beside each other in more detail, use Compare funds. To work out the tax on a sale of your own, use the capital gains calculator.

More

Other categories.

All funds · Methodology

Investment research and financial education: historical analysis and scenario arithmetic from published data, not investment advice and not a recommendation to buy, sell or hold any scheme. Past performance does not indicate future returns. Mutual fund investments are subject to market risk; read the scheme documents. Nothing you type is stored or sent anywhere.