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LIC MF Arbitrage Fund
Direct Plan · Monthly IDCW · LIC Mutual Fund
Returns
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +0.21% | +0.16% | 10 of 40 |
| 1M | +0.18% | +0.54% | 25 of 40 |
| 3M | -0.01% | +1.04% | 19 of 39 |
| 6M | +1.11% | +2.61% | 17 of 39 |
| YTD | +3.38% | +4.25% | 13 of 40 |
| 1Y | +4.40% | +5.24% | 14 of 34 |
| 2Y | +5.63% | +5.33% | 16 of 28 |
| 3Y | +6.31% | +5.69% | 18 of 27 |
| 5Y | +6.18% | +5.09% | 15 of 21 |
| 7Y | +4.55% | +4.44% | 12 of 19 |
| INCEPTION | +4.40% | — | — |
Ranked among: Hybrid Scheme - Arbitrage Fund.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +1.10% | +2.20% | -1.81% | 84% | 34% |
| 6M | +2.23% | +4.29% | -2.37% | 87% | 35% |
| 1Y | +4.59% | +8.29% | -1.86% | 85% | 35% |
| 2Y | +4.84% | +7.83% | -0.22% | 95% | 40% |
| 3Y | +5.08% | +7.47% | +1.19% | 100% | 42% |
| 5Y | +5.03% | +6.46% | +3.39% | 100% | 42% |
| 7Y | +4.51% | +4.62% | +4.37% | 100% | 42% |
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
- Equity67.44%
- Debt13.24%
- Cash3.72%
- Other15.60%
Market Cap Split
- Large Cap63.96%
- Mid Cap3.36%
- Small Cap0.12%
- Others32.56%
Fundamentals
| Fund | Category | |
|---|---|---|
| P/E | 17.55 | 15.66 |
| P/B | 1.90 | 2.19 |
| Price / Sales | 2.01 | 2.37 |
| Dividend Yield (%) | 1.39 | 1.60 |
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| LIC MF ULTRA SHRT DUR FD -DIRECT PLAN | Others | 15.63% | +0.36% |
| LIC MF MONEY MARKET FUND-DIRECT PLAN-GR | Money Market | 13.24% | +0.30% |
| HDFC Bank | Banks | 8.80% | +0.15% |
| ICICI Bank | Banks | 7.23% | +1.09% |
| Hindalco Industries | Non - Ferrous Metals | 6.66% | -0.40% |
| State Bank of India | Banks | 6.33% | -0.54% |
| Reliance Industries | Petroleum Products | 5.98% | +0.98% |
| Bharti Airtel | Telecom - Services | 4.96% | -0.06% |
| Tata Steel | Ferrous Metals | 4.94% | +0.08% |
| Treps | Reverse Repo / TREPS | 3.40% | — |
| Axis Bank | Banks | 3.22% | -0.13% |
| HDFC Life Insurance | Insurance | 2.75% | -0.06% |
| Bharat Electronics | Aerospace & Defense | 2.52% | -1.10% |
| Jio Financial Services | Finance | 2.28% | -0.21% |
| GMR Airports | Transport Infrastructure | 2.24% | -1.00% |
View all 37 holdings
| Mahindra & Mahindra | Automobiles | 1.59% | — |
| Kotak Bank | Banks | 1.59% | +0.02% |
| Hindustan Unilever | Diversified FMCG | 1.11% | -0.09% |
| Punjab National Bank | Banks | 0.80% | +0.00% |
| NTPC | Power | 0.72% | -0.37% |
| Indusind Bank | Banks | 0.62% | — |
| Bank of Baroda | Banks | 0.60% | -0.01% |
| Container Corporation of India | Transport Services | 0.50% | -0.06% |
| Indus Towers | Telecom - Services | 0.40% | +0.00% |
| JSW Steel | Ferrous Metals | 0.36% | -0.01% |
| Net Receivables / (Payables) | Net Current Assets | 0.32% | — |
| Tata Power | Power | 0.29% | +0.01% |
| Bharat Heavy Electricals | Electrical Equipment | 0.21% | -0.01% |
| Oil & Natural Gas Corporation | Oil | 0.20% | -0.15% |
| Sun Pharmaceutical | Pharmaceuticals & Biotechnology | 0.15% | -0.01% |
| Crompton Greaves | Consumer Durables | 0.12% | -0.01% |
| Titan | Consumer Durables | 0.08% | — |
| ITC | Diversified FMCG | 0.07% | +0.00% |
| Asian Paints | Consumer Durables | 0.04% | +0.00% |
| Power Finance Corporation | Finance | 0.03% | — |
| Shriram Finance | Finance | 0.03% | — |
| Larsen & Toubro | Construction | 0.02% | -0.21% |
Sector Allocation · Sep 2026
View all 18 sectors
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 1.89 | 1.71 | High Volatility |
| 3Y | 1.31 | 1.36 | Low Volatility |
| 5Y | 1.17 | 1.19 | Low 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 | -1.64 | -0.31 | Below Average |
| 3Y | 0.89 | 0.29 | Above Average |
| 5Y | 0.68 | -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 | 3.17 | 6.29 | Below Average |
| 3Y | 7.26 | 9.22 | Below Average |
| 5Y | 8.48 | 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 LIC Mutual Fund Asset Management Limited
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
| LIC MF Gold Exchange Traded Fund | +16.48% | +31.16% | — | +29.49% |
|
LIC MF Gold ETF Fund of Fund
Direct Plan · Growth
|
+15.94% | +30.72% | — | +29.08% |
|
LIC MF Value Fund
Direct Plan · Growth
|
+15.61% | +16.94% | — | +16.24% |
|
LIC MF Healthcare Fund
Direct Plan · Growth
|
+12.93% | +22.54% | — | +20.48% |
|
LIC MF Small Cap Fund
Direct Plan · Growth
|
+11.79% | +16.96% | — | +17.10% |
|
LIC MF Manufacturing Fund
Direct Plan · IDCW
|
+10.35% | — | — | +6.74% |
|
LIC MF Ultra Short Term Fund
Direct Plan · Growth
|
+6.62% | +7.18% | +6.37% | +5.72% |
|
LIC MF Money Market Fund
Direct Plan · Growth
|
+6.50% | +6.74% | — | +6.58% |
|
LIC MF Liquid Fund
Direct Plan · Growth
|
+6.47% | +6.89% | +6.41% | +6.82% |
|
LIC MF Ultra Short to Short Term fund
Direct Plan · Growth
|
+6.11% | +7.27% | +6.57% | +7.16% |
About This Scheme
Investment Objective
The investment objective of the scheme is to generate income by taking advantage of arbitrage opportunities that potentially exists between cash and derivative market and within the derivative segment of the equity market along with investments in debt securities & money market instruments. There is no assurance that the investment objective of the Scheme will be achieved.
Stated Asset Allocation
Under normal circumstances, the asset allocation of the Scheme would be as follows: Equities and equity related instrument, Derivatives including index futures, stock futures, index options & stock options,etc#.:65-100% of the total assets, Exposure in debt instruments in CDs, government securities with maturities upto 1 year, mutual fund units of overnight, liquid, money market or schemes having Macaulay duration less than 1 year for meeting liquidity and margin requirements, Exchange Traded Commodities Derivativities (ETCDs), Gold ETFs, Silver ETFs.:0-35% of the total assets. Under Defensive consideration the asset allocation will be as follows: Equities and equity related instrument, Derivatives including index futures, stock futures, index options & stock options, etc. # 0 - 65% Exposure in debt instruments in CDs, government securities with maturities upto 1 year, mutual fund units of overnight, liquid, money market or schemes having Macaulay duration less than 1 year for meeting liquidity and margin requirements,Gold ETFs, Silver ETFs and Exchange Traded Commodities Derivativities (ETCDs): 35 - 100% **Investment in Securitised debt shall not normally exceed 30% of the net assets of the Scheme. # The exposure to derivative shown in the above asset allocation table is exposure taken against the underlying equity investments and should not be considered for calculating the total asset allocation and/or investment restrictions on the issuer. The idea is not to take additional asset allocation with the use of derivative. The margin money deployed on these positions would be included in Money Market category. Please refer the Scheme Information Document for complete details.
Exit Load
For redemption/switch out of units on or before 1 month from the date of allotment: 0.25% of applicable NAV., For redemption/switch out of units after 1 month from the date of allotment: Nil
Fund Managers
FM -1-Mr. Sumit Bhatnagar, FM -2- Mr. Sasikant Aravamuthan , FM -3- Mr. Pratik Harish Shroff
FM -1-Fund Manager - (Equity & Arbitrage),FM -2-Fund Manager - (Equity & Arbitrage), FM -3-Fund Manager - (Debt)
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.