GMP IPO Watch
Franklin India Arbitrage Fund
Direct Plan · Growth · Franklin Templeton Mutual Fund
Returns
Annualised (CAGR) returns for periods over a year.
Want to invest in this fund?
Open a free demat & trading account with Zerodha to invest in direct mutual funds with zero commission.
Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | -0.09% | -0.09% | 18 of 40 |
| 1M | +0.56% | +0.39% | 2 of 40 |
| 3M | +1.58% | +1.20% | 2 of 39 |
| 6M | +3.19% | +2.30% | 3 of 38 |
| YTD | +5.33% | +3.77% | 3 of 40 |
| 1Y | +6.95% | +5.12% | 3 of 33 |
| INCEPTION | +6.99% | — | — |
Ranked among: Hybrid Scheme - Arbitrage Fund.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +1.73% | +2.24% | +1.03% | 100% | 41% |
| 6M | +3.46% | +3.93% | +2.90% | 100% | 41% |
| 1Y | +7.04% | +7.66% | +6.48% | 100% | 43% |
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
- Equity71.34%
- Debt26.53%
- Cash0.00%
- Other2.13%
Market Cap Split
- Large Cap51.91%
- Mid Cap17.66%
- Small Cap1.77%
- Others28.66%
Fundamentals
| Fund | Category | |
|---|---|---|
| P/E | 18.54 | 16.94 |
| P/B | 2.58 | 2.39 |
| Price / Sales | 2.78 | 2.52 |
| Price / Cash Flow | 13.54 | 12.32 |
| Dividend Yield (%) | 1.12 | 1.52 |
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| Franklin India Money Market Fund Direct-Growth Plan ^^ ~~ | Mutual Fund | 12.02% | +1.01% |
| ICICI Bank | Banks | 6.04% | +1.14% |
| HDFC Bank | Banks | 5.79% | -0.48% |
| Reliance Industries | Petroleum Products | 4.13% | +0.78% |
| Axis Bank | Banks | 3.37% | -0.36% |
| Canara Bank (30-Nov-2026) ** | Money Market | 2.58% | +0.00% |
| Bharti Airtel | Telecom - Services | 2.55% | -0.23% |
| Union Bank of India (16-Mar-2027) | Money Market | 2.52% | -0.01% |
| National Bank For Agriculture & Rural Development (17-Mar-2027) ** | Money Market | 2.52% | -0.01% |
| Vodafone Idea | Telecom - Services | 2.41% | -0.42% |
| IDFC First Bank | Banks | 2.11% | -0.13% |
| Larsen & Toubro | Construction | 1.88% | +0.67% |
| HDFC Life Insurance | Insurance | 1.82% | -0.14% |
| Hindalco Industries | Non - Ferrous Metals | 1.79% | +0.05% |
| State Bank of India | Banks | 1.78% | -0.20% |
View all 145 holdings
| Adani Enterprises | Metals & Minerals Trading | 1.44% | +0.01% |
| Maruti Suzuki | Automobiles | 1.38% | -0.20% |
| Call, Cash & Other Assets | Net Current Assets | 1.38% | +0.30% |
| Bharat Electronics | Aerospace & Defense | 1.33% | -0.10% |
| Indian Bank (04-Dec-2026) | Money Market | 1.29% | +0.00% |
| Indian Bank (10-Dec-2026) ** | Money Market | 1.29% | +0.00% |
| HDFC Bank Ltd (14-Dec-2026) ** | Money Market | 1.29% | +0.00% |
| HDFC Bank Ltd (24-Feb-2027) ** | Money Market | 1.27% | +0.00% |
| Small Industries Development Bank of India (11-Jun-2027) | Money Market | 1.24% | +0.00% |
| Indusind Bank | Banks | 1.22% | +1.03% |
| Nykaa | Retailing | 1.16% | -0.69% |
| Bajaj Finance | Finance | 1.03% | -0.12% |
| UPL | Fertilizers & Agrochemicals | 1.00% | +0.80% |
| PB FinTech | Financial Technology (Fintech) | 0.98% | +0.67% |
| Sun Pharmaceutical | Pharmaceuticals & Biotechnology | 0.98% | +0.07% |
| Marico | Agricultural Food & Other Products | 0.95% | +0.47% |
| Mahindra & Mahindra | Automobiles | 0.92% | +0.30% |
| Laurus Labs | Pharmaceuticals & Biotechnology | 0.81% | — |
| Eicher Motors | Automobiles | 0.75% | -0.09% |
| Hindustan Unilever | Diversified FMCG | 0.71% | -0.04% |
| Coforge | IT - Software | 0.70% | +0.26% |
| AU Small Finance Bank | Banks | 0.70% | -0.32% |
| Steel Authority of India | Ferrous Metals | 0.69% | -0.06% |
| APL Apollo Tubes | Industrial Products | 0.65% | -0.01% |
| Kotak Bank | Banks | 0.63% | +0.00% |
| Tata Power | Power | 0.60% | +0.01% |
| TVS Motors | Automobiles | 0.60% | +0.30% |
| MCX | Capital Markets | 0.58% | -0.03% |
| Adani Ports & SEZ | Transport Infrastructure | 0.58% | +0.00% |
| Yes Bank | Banks | 0.56% | -0.05% |
| Eternal | Retailing | 0.54% | +0.51% |
| Info Edge | Retailing | 0.53% | +0.13% |
| Mphasis | IT - Software | 0.52% | +0.04% |
| One 97 Communications | Financial Technology (Fintech) | 0.52% | -0.74% |
| Adani Power | Power | 0.51% | +0.06% |
| Union Bank of India (12-Mar-2027) | Money Market | 0.51% | +0.00% |
| Indus Towers | Telecom - Services | 0.48% | -0.02% |
| Jio Financial Services | Finance | 0.44% | -0.09% |
| Ashok Leyland | Agricultural, Commercial & Construction Vehicles | 0.43% | -0.03% |
| Punjab National Bank | Banks | 0.41% | -0.47% |
| Godrej Properties | Realty | 0.41% | -0.11% |
| Aurobindo Pharma | Pharmaceuticals & Biotechnology | 0.41% | +0.02% |
| ITC | Diversified FMCG | 0.40% | +0.10% |
| NTPC | Power | 0.40% | +0.00% |
| Canara Bank | Banks | 0.35% | -0.02% |
| Bajaj Finserv | Finance | 0.34% | +0.11% |
| Oil & Natural Gas Corporation | Oil | 0.33% | -0.07% |
| JSW Steel | Ferrous Metals | 0.33% | -0.02% |
| Hindustan Zinc | Non - Ferrous Metals | 0.33% | -0.02% |
| Vedanta | Diversified Metals | 0.30% | -0.08% |
| Bank of Baroda | Banks | 0.29% | +0.25% |
| Coal India | Consumable Fuels | 0.29% | +0.02% |
| Indian Hotels Company | Leisure Services | 0.28% | -0.01% |
| Manappuram Finance | Finance | 0.27% | -0.01% |
| Glenmark Pharmaceuticals | Pharmaceuticals & Biotechnology | 0.26% | +0.17% |
| Ather Energy | Automobiles | 0.26% | — |
| Cipla | Pharmaceuticals & Biotechnology | 0.24% | +0.03% |
| UltraTech Cement | Cement & Cement Products | 0.24% | -0.01% |
| Solar Industries | Chemicals & Petrochemicals | 0.23% | -0.01% |
| United Spirits | Beverages | 0.23% | -0.02% |
| Astral | Industrial Products | 0.22% | — |
| Apollo Hospitals | Equity | 0.22% | -0.02% |
| GAIL | Gas | 0.20% | — |
| Varun Beverages | Beverages | 0.20% | -0.12% |
| Bandhan Bank | Banks | 0.20% | +0.01% |
| Franklin India Liquid Fund Direct-Growth Plan ^^ ~~ | Mutual Fund | 0.20% | +0.00% |
| Tata Motors Passenger Vehicles | Automobiles | 0.19% | -0.02% |
| Infosys | IT - Software | 0.18% | +0.00% |
| CAMS | Capital Markets | 0.18% | -0.06% |
| Adani Green Energy | Power | 0.18% | +0.01% |
| ICICI Prudential Life Insurance | Insurance | 0.17% | -0.10% |
| Patanjali Foods | Agricultural Food & other Products | 0.17% | +0.13% |
| Shriram Finance | Finance | 0.17% | -0.04% |
| Angel One | Capital Markets | 0.17% | -0.54% |
| NMDC | Minerals & Mining | 0.16% | -0.03% |
| PNB Housing Finance | Finance | 0.16% | -0.01% |
| Container Corporation of India | Transport Services | 0.16% | -0.11% |
| Bharat Heavy Electricals | Electrical Equipment | 0.16% | -0.01% |
| NALCO | Non - Ferrous Metals | 0.16% | -0.07% |
| Adani Energy Solutions | Power | 0.13% | -0.02% |
| Nestle | Food Products | 0.13% | +0.03% |
| Samvardhana Motherson International | Auto Components | 0.13% | -0.02% |
| NBCC | Construction | 0.12% | -0.02% |
| Motilal Oswal Financial Services | Capital Markets | 0.12% | -0.01% |
| Jubilant FoodWorks | Leisure Services | 0.11% | -0.03% |
| Power Finance Corporation | Finance | 0.11% | +0.03% |
| Ambuja Cements | Cement & Cement Products | 0.11% | -0.01% |
| Lupin | Pharmaceuticals & Biotechnology | 0.11% | +0.04% |
| Divis Laboratories | Pharmaceuticals & Biotechnology | 0.11% | +0.00% |
| Titan | Consumer Durables | 0.10% | — |
| Swiggy | Retailing | 0.10% | — |
| SBI Life Insurance | Insurance | 0.09% | -0.29% |
| Power Grid Corporation of India | Power | 0.09% | -0.04% |
| Kalyan Jewellers | Consumer Durables | 0.09% | +0.00% |
| SBI Cards | Finance | 0.08% | -0.01% |
| GE Vernova T&D | Electrical Equipment | 0.08% | — |
| Sagility | IT - Services | 0.08% | -0.01% |
| Cummins | Industrial Products | 0.08% | — |
| KPIT Technologies | IT - Software | 0.07% | -0.06% |
| L&T Finance | Finance | 0.07% | — |
| Biocon | Pharmaceuticals & Biotechnology | 0.07% | -0.01% |
| LIC Housing Finance | Finance | 0.07% | +0.00% |
| Tata Steel | Ferrous Metals | 0.07% | +0.06% |
| Dabur India | Personal Products | 0.06% | -0.01% |
| Crompton Greaves | Consumer Durables | 0.05% | -0.01% |
| Grasim Industries | Cement & Cement Products | 0.04% | -0.01% |
| Indian Oil Corporation | Petroleum Products | 0.04% | +0.00% |
| Cholamandalam Investment | Finance | 0.04% | +0.00% |
| Interglobe Aviation | Transport Services | 0.04% | +0.00% |
| BSE | Capital Markets | 0.03% | +0.00% |
| Bank of India | Banks | 0.03% | +0.00% |
| JSW Energy | Power | 0.03% | +0.00% |
| Indian Energy Exchange | Capital Markets | 0.03% | +0.00% |
| Pidilite Industries | Chemicals & Petrochemicals | 0.03% | -0.09% |
| Bharat Petroleum | Petroleum Products | 0.02% | -0.01% |
| Hitachi Energy | Electrical Equipment | 0.02% | -0.02% |
| 360 One WAM | Capital Markets | 0.02% | — |
| HDFC AMC | Capital Markets | 0.02% | +0.00% |
| ICICI Lombard General Insurance | Insurance | 0.02% | -0.76% |
| Tata Consumer Products | Agricultural Food & Other Products | 0.01% | +0.00% |
| Colgate Palmolive | Personal Products | 0.01% | -0.12% |
| Federal Bank | Banks | 0.01% | +0.00% |
| Hindustan Aeronautics | Aerospace & Defense | 0.01% | +0.00% |
| Radico Khaitan | Beverages | 0.01% | — |
| Max Healthcare Institute | Equity | 0.01% | -0.02% |
| Bajaj Auto | Automobiles | 0.00% | -0.22% |
| Hindustan Petroleum | Petroleum Products | 0.00% | -0.02% |
| Amber Enterprises | Consumer Durables | 0.00% | -0.08% |
| Fortis Healthcare | Equity | 0.00% | -0.02% |
| LIC of India | Insurance | 0.00% | +0.00% |
Sector Allocation · Sep 2026
View all 42 sectors
Risk Metrics
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 2.09 | 0.85 | Good Risk Adjusted Returns |
What is this?
Higher the value means that fund has been able to give better returns for the amount of risk taken. It helps investors understand the return of an investment compared to its risk, showing whether the returns are due to intelligent investing or simply taking on excess risk. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the standard deviation of returns.
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 4.33 | 1.62 | Good Risk Adjusted Returns |
What is this?
The Sortino Ratio is a financial metric used to measure the risk-adjusted return of an investment. It's a modification of the Sharpe Ratio but with a key difference; it only considers downside risk (the risk of negative returns), rather than total volatility. This means it focuses on how well an investment performs relative to the volatility that leads to losses, ignoring the volatility that results in gains. The idea is that investors are primarily concerned with minimizing losses, and positive volatility is generally seen as a good thing.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
quant Arbitrage Fund
Direct Plan · Growth Option
|
+7.47% | — | — | +7.32% |
|
WhiteOak Capital Arbitrage Fund
Direct Plan · Growth Option
|
+7.03% | — | — | +7.15% |
|
Bajaj Finserv Arbitrage Fund
Direct Plan · Growth
|
+6.43% | +6.90% | — | +6.95% |
|
ITI Arbitrage Fund
Direct Plan · IDCW Option
|
+6.40% | +7.19% | +6.22% | +5.50% |
|
TRUSTMF ARBITRAGE FUND
Direct Plan · Growth
|
+6.35% | — | — | +6.33% |
|
PGIM India Arbitrage Fund
Direct plan · Growth
|
+6.35% | +6.97% | +6.47% | +6.09% |
|
Parag Parikh Arbitrage Fund
Direct Plan · Growth
|
+6.32% | — | — | +6.90% |
|
BANK OF INDIA ARBITRAGE FUND
Direct Plan · Annual IDCW
|
+6.17% | +6.72% | +5.91% | +4.14% |
|
Invesco India Arbitrage Fund
Regular Plan · Growth
|
+6.01% | +6.67% | +6.38% | +6.54% |
|
HDFC Arbitrage Fund
Regular Plan · Growth Option
|
+5.92% | +6.64% | +6.13% | +6.49% |
More From Franklin Templeton Asset Management (India) Private Limited
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Franklin Asian Equity Fund
Direct Plan · Growth
|
+27.47% | +21.92% | +7.90% | +9.74% |
|
Franklin U. S. Opportunities Equity Active Fund of Funds
Direct Plan · Growth
|
+20.78% | +24.13% | +11.39% | +17.66% |
|
Franklin India Money Market Fund
Direct Plan · Retail Plan Growth
|
+6.58% | +7.40% | +6.69% | +7.44% |
|
Franklin India Liquid Fund
Direct Plan · Super Institutional Growth
|
+6.55% | +6.98% | +6.41% | +6.91% |
|
Franklin India Ultra Short Term Fund
Direct Plan · Growth
|
+6.51% | — | — | +7.18% |
|
Franklin India Ultra Short to Short Term Fund
Direct Plan · Growth
|
+6.33% | — | — | +7.29% |
|
Franklin India Floating Interest Rates Fund
Direct Plan · Growth
|
+6.10% | +8.02% | +7.11% | +7.08% |
|
Franklin India Income Plus Arbitrage Active Fund of Funds
Direct Plan · Growth
|
+5.91% | +13.12% | +10.61% | +8.20% |
|
Franklin India Banking & PSU Debt Fund
Direct Plan · Growth
|
+5.53% | +7.41% | +6.42% | +7.73% |
|
Franklin India Corporate Bond Fund
Direct Plan · Growth
|
+5.49% | +7.91% | +6.72% | +8.28% |
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. There is no assurance or guarantee that the investment objective of the scheme will be achieved.
Stated Asset Allocation
Under normal circumstances, the investment range would be as follows:Equity and Equity related securities$ : 65% - 100%Exposure in debt instruments in CDs, government securities with maturities upto 1 year, mutual fund units of liquid, money market or schemes having Macaulay duration less than 1 year for meeting liquidity and margin requirements and cash & cash equivalent: 0% - 35% ($ including equity derivative instruments) Under defence circumstances asset allocaiton as below Equity and Equity related securities$ : 0% - 65%, Exposure in debt instruments in CDs, government securities with maturities up to 1 year, overnight debt securities, mutual fund units of liquid, money market or schemes having Macaulay duration less than 1 year for meeting liquidity and margin requirements, cash & cash equivalent :35%-100% $ including equity derivative instruments.
Exit Load
In respect of each purchase of Units – • NIL Exit load – for 10% of the units purchased or switched on or before 30 days from the date of allotment. o The “First In First Out (FIFO)” logic will be applied while selecting the units for redemption o Waiver of Exit load is calculated for each inflow transaction separately on FIFO basis and not on the total units through multiple inflows o The load free units from purchases made subsequent to the initial purchase will be available only after redeeming all units from the initial purchase • All units redeemed /switched-out in excess of the 10% load free units will be subject to the below mentioned exit load. o 0.25% - if Units are redeemed/switched-out on or before 30 days from the date of allotment o Nil - if redeemed after 30 days from the date of allotment *This no load redemption limit is applicable on a 30 day basis (from the date of allotment of such units) and the limit not availed during said period, this shall not be clubbed or carried forward.
Fund Managers
Equity: Mukesh Jain & Rajasa Kakulavarapu, Debt: Anuj Tagra & Rohan Maru
Comanage
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.