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Hybrid Scheme - Arbitrage Fund
BANDHAN Arbitrage Fund
Direct Plan · Monthly IDCW · Bandhan Mutual Fund
Risk: Low Risk
52W Low ₹10.43 10 Nov 2025
52W High ₹10.80 24 Aug 2026
₹10.7596
NAV as of 4 Nov 2026
-0.08% day change
Other Plans of This Fund
ISININF194K01Y78
Scheme Code118475
StructureOpen Ended Schemes
Fund HouseBandhan AMC Limited
AUM (avg. July - September 2026)₹1.75 Cr
Expense Ratio (as of 3 Nov 2026)1.59%
Min. InvestmentRs. 100/- and any amount thereafter
Inception Date14 Nov 2006
BenchmarkNifty 50 Arbitrage Index
Portfolio Turnover425.15%
NFO Period14-Nov-2006 – 30-Nov-2006
Returns
1Y
+3.12%
3Y
-8.32%
5Y
-4.55%
7Y
-2.92%
10Y
-1.90%
Since Inception
-1.00%
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | -0.29% | +0.16% | 13 of 40 |
| 1M | +0.12% | +0.54% | 26 of 40 |
| 3M | -0.23% | +1.04% | 27 of 39 |
| 6M | +1.03% | +2.61% | 28 of 39 |
| YTD | +2.12% | +4.25% | 24 of 40 |
| 1Y | +3.12% | +5.24% | 24 of 34 |
| 2Y | -13.26% | +5.33% | 19 of 28 |
| 3Y | -8.32% | +5.69% | 16 of 27 |
| 5Y | -4.55% | +5.09% | 11 of 21 |
| 7Y | -2.92% | +4.44% | 11 of 19 |
| 10Y | -1.90% | +4.26% | 7 of 13 |
| INCEPTION | -1.00% | — | — |
Ranked among: Hybrid Scheme - Arbitrage Fund.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | -0.13% | +1.82% | -29.92% | 82% | 32% |
| 6M | -0.36% | +3.27% | -29.73% | 85% | 33% |
| 1Y | -0.90% | +5.58% | -28.97% | 85% | 32% |
| 2Y | -1.14% | +2.44% | -14.76% | 84% | 32% |
| 3Y | -0.56% | +1.87% | -9.66% | 83% | 32% |
| 5Y | -0.19% | +1.70% | -5.51% | 80% | 31% |
| 7Y | -0.10% | +1.43% | -3.65% | 74% | 29% |
| 10Y | -0.38% | +1.27% | -2.33% | 53% | 21% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity44.80%
- Debt9.52%
- Cash45.68%
- Other0.00%
Market Cap Split
- Large Cap51.11%
- Mid Cap15.59%
- Small Cap3.47%
- Others29.83%
Fundamentals
| Fund | Category | |
|---|---|---|
| P/E | 15.48 | 15.66 |
| P/B | 2.20 | 2.19 |
| Price / Sales | 2.23 | 2.37 |
| Price / Cash Flow | 11.91 | 11.81 |
| Dividend Yield (%) | 1.69 | 1.60 |
Holdings169
Top 5 Stocks18.31%
Top 10 Stocks25.39%
Top 3 Sectors30.86%
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| Net Current Assets | Net Current Assets | 70.18% | — |
| Bandhan Money Market Fund -Direct Plan-Growth | Money Market | 13.52% | +0.16% |
| Bandhan Ultra Short to Short Term Fund-DR GR | Others | 8.95% | +0.10% |
| HDFC Bank | Banks | 5.22% | +0.46% |
| Bandhan Ultra Short Term Fund - DR Plan GR | Others | 4.93% | +1.34% |
| Reliance Industries | Petroleum Products | 4.47% | +2.36% |
| ICICI Bank | Banks | 4.31% | +2.01% |
| Vodafone Idea | Telecom - Services | 2.34% | -0.60% |
| Axis Bank | Banks | 1.97% | -0.44% |
| State Bank of India | Banks | 1.80% | +0.14% |
| Bharti Airtel | Telecom - Services | 1.44% | -0.19% |
| Triparty Repo TRP_011026 | Reverse Repo / TREPS | 1.37% | — |
| Kotak Bank | Banks | 1.36% | -0.36% |
| Adani Enterprises | Metals & Minerals Trading | 1.26% | -0.20% |
| Canara Bank | Banks | 1.22% | -0.09% |
View all 172 holdings
| Jio Financial Services | Finance | 1.19% | -0.24% |
| JSW Steel | Ferrous Metals | 1.09% | -0.09% |
| LIC of India | Insurance | 1.07% | +0.00% |
| Tata Steel | Ferrous Metals | 1.00% | +0.09% |
| Coal India | Consumable Fuels | 0.99% | +0.08% |
| Steel Authority of India | Ferrous Metals | 0.96% | -0.07% |
| Punjab National Bank | Banks | 0.90% | -0.20% |
| Glenmark Pharmaceuticals | Pharmaceuticals & Biotechnology | 0.88% | -0.23% |
| APL Apollo Tubes | Industrial Products | 0.82% | +0.26% |
| Adani Power | Power | 0.81% | +0.15% |
| Indian Hotels Company | Leisure Services | 0.76% | +0.04% |
| Bharat Heavy Electricals | Electrical Equipment | 0.74% | -0.35% |
| Larsen & Toubro | Construction | 0.72% | -0.83% |
| Cummins | Industrial Products | 0.72% | +0.04% |
| Varun Beverages | Beverages | 0.72% | +0.10% |
| Divis Laboratories | Pharmaceuticals & Biotechnology | 0.69% | +0.16% |
| IDFC First Bank | Banks | 0.69% | +0.00% |
| Muthoot Finance | Finance | 0.67% | -0.07% |
| HDFC Life Insurance | Insurance | 0.66% | -0.17% |
| Bajaj Finance | Finance | 0.66% | +0.36% |
| Adani Energy Solutions | Power | 0.63% | -0.03% |
| Bank of Baroda | Banks | 0.63% | +0.07% |
| Tech Mahindra | IT - Software | 0.63% | -0.04% |
| National Bank For Agriculture and Rural Development ** | Money Market | 0.63% | — |
| National Bank For Agriculture and Rural Development ** | Money Market | 0.63% | — |
| Jindal Steel | Ferrous Metals | 0.62% | +0.01% |
| MCX | Capital Markets | 0.61% | +0.45% |
| Crompton Greaves | Consumer Durables | 0.61% | -0.05% |
| Samvardhana Motherson International | Auto Components | 0.60% | -0.11% |
| Indus Towers | Telecom - Services | 0.57% | -0.14% |
| HDFC AMC | Capital Markets | 0.54% | -0.23% |
| Federal Bank | Banks | 0.54% | +0.09% |
| Ambuja Cements | Cement & Cement Products | 0.53% | -0.06% |
| Ashok Leyland | Agricultural, Commercial & Construction Vehicles | 0.51% | -0.03% |
| Hindustan Unilever | Diversified FMCG | 0.51% | -0.28% |
| Torrent Pharmaceuticals | Pharmaceuticals & Biotechnology | 0.51% | -0.07% |
| LIC Housing Finance | Finance | 0.50% | -0.02% |
| NMDC | Minerals & Mining | 0.49% | -0.01% |
| Power Finance Corporation | Finance | 0.48% | +0.28% |
| Biocon | Pharmaceuticals & Biotechnology | 0.48% | -0.04% |
| AU Small Finance Bank | Banks | 0.47% | -0.06% |
| Marico | Agricultural Food & other Products | 0.46% | +0.10% |
| Indian Oil Corporation | Petroleum Products | 0.45% | -0.04% |
| Fortis Healthcare | Equity | 0.45% | -0.06% |
| Union Bank of India | Banks | 0.41% | -0.18% |
| Manappuram Finance | Finance | 0.41% | -0.05% |
| Godrej Properties | Realty | 0.40% | +0.13% |
| Yes Bank | Banks | 0.40% | -0.07% |
| Tata Power | Power | 0.39% | +0.02% |
| Swiggy | Retailing | 0.39% | — |
| Indusind Bank | Banks | 0.39% | — |
| Container Corporation of India | Transport Services | 0.38% | -0.05% |
| Infosys | IT - Software | 0.37% | +0.03% |
| ITC | Diversified FMCG | 0.37% | -0.01% |
| Patanjali Foods | Agricultural Food & other Products | 0.36% | +0.14% |
| Indian Energy Exchange | Capital Markets | 0.36% | -0.07% |
| Adani Green Energy | Power | 0.35% | +0.01% |
| RBL Bank | Banks | 0.35% | +0.25% |
| CDSL | Capital Markets | 0.34% | +0.04% |
| Tata Consultancy Services | IT - Software | 0.34% | -0.04% |
| Bank of India | Banks | 0.33% | -0.13% |
| Bharat Electronics | Aerospace & Defense | 0.33% | -0.27% |
| GE Vernova T&D | Electrical Equipment | 0.33% | -0.06% |
| Coforge | IT - Software | 0.32% | +0.29% |
| Max Financial Services | Insurance | 0.32% | -0.57% |
| Hindustan Aeronautics | Aerospace & Defense | 0.31% | -0.18% |
| UPL | Fertilizers & Agrochemicals | 0.30% | -0.06% |
| Bharat Forge | Auto Components | 0.30% | -0.03% |
| SRF | Chemicals & Petrochemicals | 0.29% | +0.01% |
| Hindalco Industries | Non - Ferrous Metals | 0.29% | -0.24% |
| Lupin | Pharmaceuticals & Biotechnology | 0.28% | -0.05% |
| Bharat Petroleum | Petroleum Products | 0.28% | -0.10% |
| NTPC | Power | 0.28% | -0.10% |
| Suzlon Energy | Electrical Equipment | 0.26% | +0.00% |
| Astral | Industrial Products | 0.26% | — |
| Tata Motors Passenger Vehicles | Automobiles | 0.26% | +0.00% |
| Sun Pharmaceutical | Pharmaceuticals & Biotechnology | 0.25% | -0.03% |
| PG Electroplast | Consumer Durables | 0.23% | +0.07% |
| PB FinTech | Financial Technology (Fintech) | 0.22% | +0.19% |
| Maruti Suzuki | Automobiles | 0.18% | -0.05% |
| Hitachi Energy | Electrical Equipment | 0.18% | -0.35% |
| Mahindra & Mahindra | Automobiles | 0.18% | +0.12% |
| Tata Consumer Products | Agricultural Food & other Products | 0.16% | -0.06% |
| Inox Wind | Electrical Equipment | 0.16% | -0.07% |
| Aditya Birla Capital | Finance | 0.14% | +0.01% |
| TVS Motors | Automobiles | 0.13% | +0.09% |
| Laurus Labs | Pharmaceuticals & Biotechnology | 0.13% | — |
| UltraTech Cement | Cement & Cement Products | 0.13% | -0.05% |
| Sagility | IT - Services | 0.13% | +0.04% |
| Aurobindo Pharma | Pharmaceuticals & Biotechnology | 0.13% | +0.07% |
| PNB Housing Finance | Finance | 0.13% | +0.10% |
| Bank of Baroda ** | Money Market | 0.13% | — |
| Cholamandalam Investment | Finance | 0.12% | -0.21% |
| Mphasis | IT - Software | 0.12% | — |
| KEI Industries | Industrial Products | 0.12% | — |
| Dabur India | Personal Products | 0.12% | -0.21% |
| GMR Airports | Transport Infrastructure | 0.12% | -0.01% |
| JSW Energy | Power | 0.11% | +0.03% |
| Tube Investment | Auto Components | 0.10% | +0.01% |
| Delhivery | Transport Services | 0.10% | -0.04% |
| Bajaj Finserv | Finance | 0.10% | +0.04% |
| Interglobe Aviation | Transport Services | 0.09% | — |
| Alkem Laboratories | Pharmaceuticals & Biotechnology | 0.09% | -0.01% |
| Voltas | Consumer Durables | 0.09% | +0.00% |
| HCL Technologies | IT - Software | 0.09% | +0.08% |
| Bank of Maharashtra | Banks | 0.08% | +0.02% |
| Trent | Retailing | 0.08% | — |
| Bajaj Auto | Automobiles | 0.07% | +0.05% |
| Eternal | Retailing | 0.07% | — |
| Asian Paints | Consumer Durables | 0.07% | +0.02% |
| Info Edge | Retailing | 0.06% | +0.04% |
| Hindustan Petroleum | Petroleum Products | 0.06% | +0.03% |
| Oil & Natural Gas Corporation | Oil | 0.06% | +0.01% |
| NBCC | Construction | 0.06% | +0.05% |
| United Spirits | Beverages | 0.06% | +0.02% |
| SBI Cards | Finance | 0.05% | — |
| Pidilite Industries | Chemicals & Petrochemicals | 0.05% | -0.01% |
| Amber Enterprises | Consumer Durables | 0.05% | -0.17% |
| GAIL | Gas | 0.05% | -0.01% |
| Kalyan Jewellers | Consumer Durables | 0.05% | -0.38% |
| Supreme Industries | Industrial Products | 0.05% | +0.04% |
| Vedanta | Diversified Metals | 0.05% | -0.06% |
| Phoenix Mills | Realty | 0.04% | -0.02% |
| Grasim Industries | Cement & Cement Products | 0.04% | -0.33% |
| Zydus Life Science | Pharmaceuticals & Biotechnology | 0.04% | +0.01% |
| Nestle | Food Products | 0.04% | — |
| Shriram Finance | Finance | 0.04% | +0.01% |
| Hero Motocorp | Automobiles | 0.04% | -0.24% |
| Hindustan Zinc | Non - Ferrous Metals | 0.03% | -0.25% |
| Bharat Dynamics | Aerospace & Defense | 0.03% | — |
| Eicher Motors | Automobiles | 0.03% | -0.31% |
| Colgate Palmolive | Personal Products | 0.03% | -0.05% |
| BSE | Capital Markets | 0.03% | — |
| Persistent Systems | IT - Software | 0.03% | — |
| Solar Industries | Chemicals & Petrochemicals | 0.02% | -0.09% |
| Bajaj Holdings & Investments | Finance | 0.02% | +0.00% |
| CAMS | Capital Markets | 0.02% | -0.05% |
| Avenue Supermarts DMart | Retailing | 0.02% | — |
| Angel One | Capital Markets | 0.01% | — |
| Godrej Consumer Products | Personal Products | 0.01% | -0.06% |
| Ujjivan Small Finance Bank | Banks | 0.01% | — |
| Cipla | Pharmaceuticals & Biotechnology | 0.01% | -0.04% |
| NALCO | Non - Ferrous Metals | 0.01% | -0.04% |
| Oil India | Oil | 0.01% | — |
| Indian Bank | Banks | 0.01% | — |
| Page Industries | Textiles & Apparels | 0.01% | — |
| One 97 Communications | Financial Technology (Fintech) | 0.01% | -0.23% |
| Radico Khaitan | Beverages | 0.01% | — |
| Cash Margin - CCIL | Net Current Assets | 0.01% | — |
| Nykaa | Retailing | 0.00% | — |
| Prestige Estates Projects | Realty | 0.00% | — |
| Siemens Energy | Electrical Equipment | 0.00% | — |
| Ather Energy | Automobiles | 0.00% | — |
| Titan | Consumer Durables | 0.00% | -0.01% |
| Motilal Oswal Financial Services | Capital Markets | 0.00% | — |
| Britannia Industries | Food Products | 0.00% | — |
| Power Grid Corporation of India | Power | 0.00% | -0.02% |
Sector Allocation · Sep 2026
View all 42 sectors
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 1.73 | 1.71 | High Volatility |
| 3Y | 17.61 | 1.36 | High Volatility |
| 5Y | 13.72 | 1.19 | High Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -2.04 | -0.31 | Below Average |
| 3Y | -0.72 | 0.29 | Below Average |
| 5Y | -0.69 | -1.02 | Above Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.73% (published 2026-10-28).
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 2.35 | 6.29 | Below Average |
| 3Y | -0.39 | 9.22 | Below Average |
| 5Y | -0.26 | 9.36 | Below Average |
What is this?
Annualized from daily NAV returns using a 0.00% minimum acceptable return; downside deviation includes only returns below this target.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
quant Arbitrage Fund
Direct Plan · Growth Option
|
+7.48% | — | — | +7.35% |
|
WhiteOak Capital Arbitrage Fund
Direct Plan · Growth Option
|
+7.12% | — | — | +7.24% |
|
Franklin India Arbitrage Fund
Direct Plan · IDCW
|
+7.08% | — | — | +7.08% |
|
Bajaj Finserv Arbitrage Fund
Direct Plan · Growth
|
+6.57% | +6.97% | — | +7.01% |
|
PGIM India Arbitrage Fund
Direct plan · Growth
|
+6.56% | +7.03% | +6.51% | +6.11% |
|
TRUSTMF ARBITRAGE FUND
Direct Plan · Growth
|
+6.50% | — | — | +6.49% |
|
BANK OF INDIA ARBITRAGE FUND
Direct Plan · Annual IDCW
|
+6.42% | +6.79% | +6.00% | +4.19% |
|
Parag Parikh Arbitrage Fund
Direct Plan · Growth
|
+6.40% | +6.92% | — | +6.92% |
|
ITI Arbitrage Fund
Direct Plan · IDCW Option
|
+6.39% | +7.26% | +6.28% | +5.53% |
|
The Wealth Company Arbitrage Fund
Direct Plan · Growth
|
+6.37% | — | — | +6.37% |
More From Bandhan AMC Limited
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
BANDHAN INNOVATION FUND
Direct Plan · Growth
|
+14.35% | — | — | +20.03% |
|
Bandhan BSE Healthcare Index Fund
Direct Plan · Growth
|
+14.13% | — | — | +8.12% |
|
Bandhan US Treasury Bond 0-1 year specific Debt Passive FOF
Direct Plan · IDCW
|
+10.64% | +8.91% | — | +8.51% |
|
Bandhan Gilt Fund
Direct Plan · Growth
|
+7.31% | +8.25% | +6.45% | +8.58% |
|
Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund
Direct Plan · Growth
|
+6.77% | — | — | +7.03% |
|
BANDHAN Dynamic Term Fund
Direct Plan · Growth
|
+6.71% | +7.89% | +6.20% | +8.15% |
|
Bandhan Money Market Fund
Direct Plan · Periodic IDCW
|
+6.56% | +7.39% | +6.77% | +4.70% |
|
BANDHAN LIQUID Fund
Direct Plan · Periodic IDCW
|
+6.46% | +6.88% | +6.41% | +1.51% |
|
BANDHAN ULTRA SHORT TERM FUND
Direct Plan · Periodic IDCW
|
+6.43% | +7.19% | +6.61% | +4.33% |
|
BANDHAN MID CAP FUND
Direct Plan · Growth
|
+6.35% | +18.05% | — | +17.81% |
About This Scheme
Investment Objective
The investment objective of the scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market instruments.
Stated Asset Allocation
Equities & Equity related instruments - 65%-90%, Derivatives - 65%-90%, Debt & Money Market instruments including the margin money deployed in derivative transactions -10%-35%
Exit Load
W.e.f 01-Jul-2016 Entry Load: Nil - Exit Load: 0.25% if redeemed / switched out within 1 month from the date of allotment, for all investments (including SIP/STP-in registered) from the effective date. Please refer the scheme information document / addend
Fund Managers
FM 1 - Mr. Kapil Kankonkar, FM 2 - Mr. Harshal Joshi, FM 3 - Ms. Ritika Behera, FM 4 - Mr. Gaurav Satra and FM 5 - Mr. Brijesh Shah
FM 1 - Comanage (Equity portion), FM 2 - Comanage (Debt portion). FM 3 - Comanage - (Equity Portion) Foreign/overseas investment, FM 4 - Comanage - (Equity Portion) Foreign/overseas investment , FM 5 - Comanage - (Debt Portion) Foreign/overseas investment
Official Documents
Scheme Information Document (PDF)
Scheme Summary (PDF)
Scheme Summary (XLS)
Bandhan AMC Limited website
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.