GMP IPO Watch
Nippon India Arbitrage Fund
Direct Plan · IDCW Option · Nippon India 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 | +0.17% | +0.16% | 28 of 40 |
| 1M | +0.64% | +0.54% | 22 of 40 |
| 3M | +1.32% | +1.04% | 18 of 39 |
| 6M | +3.36% | +2.61% | 18 of 39 |
| YTD | +5.59% | +4.25% | 17 of 40 |
| 1Y | +6.67% | +5.24% | 18 of 34 |
| 2Y | +6.85% | +5.33% | 15 of 28 |
| 3Y | +7.27% | +5.69% | 14 of 27 |
| 5Y | +6.83% | +5.09% | 10 of 21 |
| 7Y | +5.58% | +4.44% | 7 of 19 |
| 10Y | +4.47% | +4.26% | 4 of 13 |
| INCEPTION | +3.38% | — | — |
Ranked among: Hybrid Scheme - Arbitrage Fund.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +0.84% | +3.31% | -14.10% | 92% | 37% |
| 6M | +1.63% | +5.55% | -12.42% | 92% | 37% |
| 1Y | +3.09% | +10.33% | -9.67% | 91% | 37% |
| 2Y | +3.24% | +8.20% | -4.96% | 90% | 37% |
| 3Y | +3.25% | +7.78% | -2.70% | 89% | 37% |
| 5Y | +3.10% | +6.87% | -0.91% | 92% | 38% |
| 7Y | +3.00% | +5.61% | -0.19% | 95% | 39% |
| 10Y | +3.19% | +4.49% | +1.63% | 100% | 41% |
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
- Equity68.02%
- Debt19.81%
- Cash4.03%
- Other8.14%
Market Cap Split
- Large Cap51.72%
- Mid Cap13.71%
- Small Cap2.59%
- Others31.98%
Fundamentals
| Fund | Category | |
|---|---|---|
| P/E | 17.09 | 15.66 |
| P/B | 2.28 | 2.19 |
| Price / Sales | 2.32 | 2.37 |
| Price / Cash Flow | 12.55 | 11.81 |
| Dividend Yield (%) | 1.45 | 1.60 |
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| Nippon India Money Market Fund Dir Pl-Growth-Gr Op | Money Market | 15.46% | +0.36% |
| Nippon India Ultra Short Term Fund- Dr Gr Op | Others | 8.14% | +0.76% |
| Reliance Industries | Petroleum Products | 4.83% | +0.62% |
| HDFC Bank | Banks | 4.62% | +0.16% |
| ICICI Bank | Banks | 4.21% | +2.71% |
| Triparty Repo | Reverse Repo / TREPS | 4.09% | — |
| Axis Bank | Banks | 2.45% | -0.58% |
| State Bank of India | Banks | 2.02% | -0.12% |
| JSW Steel | Ferrous Metals | 1.81% | -0.04% |
| Bajaj Finance | Finance | 1.71% | +0.53% |
| Maruti Suzuki | Automobiles | 1.42% | +0.04% |
| Tata Steel | Ferrous Metals | 1.35% | -0.02% |
| Vodafone Idea | Telecom - Services | 1.34% | -0.11% |
| Adani Enterprises | Metals & Minerals Trading | 1.32% | -0.07% |
| Larsen & Toubro | Construction | 1.31% | +0.03% |
View all 179 holdings
| Canara Bank | Banks | 1.17% | -0.06% |
| Small Industries Dev Bank of India** | Money Market | 1.14% | +0.03% |
| Steel Authority of India | Ferrous Metals | 1.11% | -0.06% |
| Kotak Bank | Banks | 1.09% | -0.63% |
| Adani Energy Solutions | Power | 1.04% | +0.13% |
| Jio Financial Services | Finance | 1.03% | -0.10% |
| AU Small Finance Bank | Banks | 0.96% | -0.20% |
| Glenmark Pharmaceuticals | Pharmaceuticals & Biotechnology | 0.95% | -0.04% |
| Coal India | Consumable Fuels | 0.92% | +0.10% |
| Bharti Airtel | Telecom - Services | 0.91% | -0.05% |
| Manappuram Finance | Finance | 0.86% | -0.07% |
| National Bank For Agriculture and Rural Development | Money Market | 0.84% | +0.02% |
| Ambuja Cements | Cement & Cement Products | 0.77% | -0.04% |
| Cummins | Industrial Products | 0.76% | +0.38% |
| Hindalco Industries | Non - Ferrous Metals | 0.76% | +0.12% |
| TVS Motors | Automobiles | 0.72% | -0.04% |
| Infosys | IT - Software | 0.68% | +0.25% |
| HDFC Bank Limited** | Money Market | 0.66% | +0.02% |
| Indusind Bank | Banks | 0.60% | +0.59% |
| Indus Towers | Telecom - Services | 0.60% | -0.02% |
| APL Apollo Tubes | Industrial Products | 0.56% | +0.11% |
| Info Edge | Retailing | 0.56% | -0.28% |
| NMDC | Minerals & Mining | 0.52% | -0.07% |
| Mahindra & Mahindra | Automobiles | 0.51% | +0.00% |
| Yes Bank | Banks | 0.50% | -0.07% |
| One 97 Communications | Financial Technology (Fintech) | 0.49% | -0.46% |
| Eicher Motors | Automobiles | 0.48% | +0.00% |
| Punjab National Bank | Banks | 0.47% | +0.01% |
| LIC of India | Insurance | 0.47% | +0.14% |
| ITC | Diversified FMCG | 0.46% | +0.01% |
| Hindustan Zinc | Non - Ferrous Metals | 0.46% | -0.24% |
| Adani Green Energy | Power | 0.46% | -0.02% |
| Marico | Agricultural Food & other Products | 0.45% | +0.03% |
| Bank of Baroda | Banks | 0.45% | -0.01% |
| UltraTech Cement | Cement & Cement Products | 0.45% | -0.05% |
| Federal Bank | Banks | 0.44% | +0.03% |
| Bharat Heavy Electricals | Electrical Equipment | 0.44% | -0.06% |
| Small Industries Dev Bank of India** | Money Market | 0.42% | -0.13% |
| IDFC First Bank | Banks | 0.41% | -0.05% |
| Sun Pharmaceutical | Pharmaceuticals & Biotechnology | 0.41% | +0.05% |
| Patanjali Foods | Agricultural Food & other Products | 0.38% | +0.05% |
| Indian Hotels Company | Leisure Services | 0.38% | +0.02% |
| Godrej Properties | Realty | 0.38% | -0.08% |
| Muthoot Finance | Finance | 0.37% | -0.05% |
| Hindustan Unilever | Diversified FMCG | 0.36% | -0.09% |
| Coforge | IT - Software | 0.36% | +0.01% |
| Varun Beverages | Beverages | 0.33% | -0.07% |
| Crompton Greaves | Consumer Durables | 0.33% | -0.05% |
| Asian Paints | Consumer Durables | 0.33% | -0.21% |
| Biocon | Pharmaceuticals & Biotechnology | 0.33% | +0.00% |
| Tata Consumer Products | Agricultural Food & other Products | 0.32% | +0.12% |
| GE Vernova T&D | Electrical Equipment | 0.32% | -0.02% |
| Indian Oil Corporation | Petroleum Products | 0.32% | +0.00% |
| Divis Laboratories | Pharmaceuticals & Biotechnology | 0.32% | +0.13% |
| Bandhan Bank | Banks | 0.31% | +0.13% |
| Grasim Industries | Cement & Cement Products | 0.31% | -0.15% |
| Power Finance Corporation | Finance | 0.30% | +0.22% |
| Supreme Industries | Industrial Products | 0.30% | -0.01% |
| Cipla | Pharmaceuticals & Biotechnology | 0.29% | -0.02% |
| Adani Power | Power | 0.29% | +0.02% |
| HDFC Bank Limited | Money Market | 0.28% | — |
| Axis Bank Limited** | Money Market | 0.28% | +0.00% |
| SBI Life Insurance | Insurance | 0.27% | -0.02% |
| Container Corporation of India | Transport Services | 0.27% | +0.01% |
| Kalyan Jewellers | Consumer Durables | 0.26% | +0.00% |
| Fortis Healthcare | Equity | 0.26% | -0.05% |
| HDFC Life Insurance | Insurance | 0.26% | +0.00% |
| HDFC AMC | Capital Markets | 0.24% | -0.01% |
| Bosch | Auto Components | 0.23% | +0.00% |
| Alkem Laboratories | Pharmaceuticals & Biotechnology | 0.23% | +0.03% |
| NTPC | Power | 0.22% | -0.46% |
| Tata Power | Power | 0.22% | +0.01% |
| Tata Motors Passenger Vehicles | Automobiles | 0.20% | -0.03% |
| Hero Motocorp | Automobiles | 0.20% | -0.21% |
| Solar Industries | Chemicals & Petrochemicals | 0.19% | +0.11% |
| LIC Housing Finance | Finance | 0.19% | +0.06% |
| Ashok Leyland | Agricultural, Commercial & Construction Vehicles | 0.18% | -0.34% |
| Cholamandalam Investment | Finance | 0.18% | -0.01% |
| HCL Technologies | IT - Software | 0.17% | +0.03% |
| Small Industries Dev Bank of India** | Money Market | 0.17% | — |
| Laurus Labs | Pharmaceuticals & Biotechnology | 0.16% | -0.02% |
| Hitachi Energy | Electrical Equipment | 0.15% | -0.01% |
| ICICI Prudential Life Insurance | Insurance | 0.15% | -0.04% |
| Eternal | Retailing | 0.15% | +0.01% |
| RBL Bank | Banks | 0.14% | -0.06% |
| Voltas | Consumer Durables | 0.14% | +0.00% |
| PNB Housing Finance | Finance | 0.14% | +0.01% |
| Apollo Hospitals | Equity | 0.14% | -0.01% |
| Torrent Pharmaceuticals | Pharmaceuticals & Biotechnology | 0.14% | +0.09% |
| Delhivery | Transport Services | 0.14% | +0.02% |
| Bank of Baroda** | Money Market | 0.14% | +0.00% |
| National Bank For Agriculture and Rural Development** | Money Market | 0.14% | -0.14% |
| National Bank For Agriculture and Rural Development** | Money Market | 0.14% | — |
| Bank of India | Banks | 0.13% | -0.02% |
| Titan | Consumer Durables | 0.13% | — |
| Bharat Petroleum | Petroleum Products | 0.13% | -0.01% |
| Aurobindo Pharma | Pharmaceuticals & Biotechnology | 0.13% | -0.01% |
| Hindustan Aeronautics | Aerospace & Defense | 0.12% | +0.03% |
| Aditya Birla Capital | Finance | 0.12% | +0.00% |
| JSW Energy | Power | 0.12% | +0.00% |
| Bajaj Auto | Automobiles | 0.11% | -0.01% |
| Sagility | IT - Services | 0.11% | +0.09% |
| Tata Consultancy Services | IT - Software | 0.11% | -0.30% |
| Bank of Baroda** | Money Market | 0.11% | +0.00% |
| Shriram Finance | Finance | 0.10% | -0.49% |
| Oil & Natural Gas Corporation | Oil | 0.10% | -0.03% |
| Phoenix Mills | Realty | 0.10% | +0.00% |
| Trent | Retailing | 0.10% | +0.07% |
| Interglobe Aviation | Transport Services | 0.10% | +0.04% |
| Union Bank of India | Banks | 0.09% | +0.00% |
| PG Electroplast | Consumer Durables | 0.09% | -0.01% |
| ICICI Lombard General Insurance | Insurance | 0.09% | +0.04% |
| NBCC | Construction | 0.08% | -0.02% |
| SBI Cards | Finance | 0.08% | +0.07% |
| Bajaj Finserv | Finance | 0.08% | +0.06% |
| Dabur India | Personal Products | 0.08% | +0.01% |
| Lupin | Pharmaceuticals & Biotechnology | 0.08% | +0.03% |
| Swiggy | Retailing | 0.08% | — |
| Bharat Electronics | Aerospace & Defense | 0.07% | -0.25% |
| Samvardhana Motherson International | Auto Components | 0.07% | +0.03% |
| Angel One | Capital Markets | 0.07% | +0.00% |
| SRF | Chemicals & Petrochemicals | 0.07% | +0.00% |
| Bank of Maharashtra | Banks | 0.06% | +0.01% |
| Nestle | Food Products | 0.06% | -0.01% |
| Colgate Palmolive | Personal Products | 0.06% | +0.00% |
| Adani Ports & SEZ | Transport Infrastructure | 0.06% | -0.22% |
| Bharat Forge | Auto Components | 0.05% | +0.01% |
| Vedanta | Diversified Metals | 0.05% | -0.29% |
| Inox Wind | Electrical Equipment | 0.05% | +0.00% |
| Jindal Steel | Ferrous Metals | 0.05% | +0.00% |
| Bajaj Holdings & Investments | Finance | 0.05% | +0.01% |
| GAIL | Gas | 0.05% | +0.04% |
| Tech Mahindra | IT - Software | 0.05% | -0.12% |
| Prestige Estates Projects | Realty | 0.05% | -0.14% |
| Tube Investment | Auto Components | 0.04% | +0.00% |
| Ather Energy | Automobiles | 0.04% | +0.03% |
| Suzlon Energy | Electrical Equipment | 0.04% | +0.00% |
| KPIT Technologies | IT - Software | 0.04% | -0.02% |
| Radico Khaitan | Beverages | 0.03% | +0.00% |
| PB FinTech | Financial Technology (Fintech) | 0.03% | -0.04% |
| Hindustan Petroleum | Petroleum Products | 0.03% | -0.01% |
| Nykaa | Retailing | 0.03% | -0.03% |
| Avenue Supermarts DMart | Retailing | 0.03% | — |
| Page Industries | Textiles & Apparels | 0.03% | +0.00% |
| Punjab National Bank** | Money Market | 0.03% | — |
| CG Power & Industrial Solutions | Electrical Equipment | 0.02% | -0.02% |
| Polycab | Industrial Products | 0.02% | -0.18% |
| NALCO | Non - Ferrous Metals | 0.02% | +0.01% |
| Lodha Developers | Realty | 0.02% | — |
| Cash Margin - CCIL | Net Current Assets | 0.02% | — |
| UNO Minda | Auto Components | 0.01% | -0.17% |
| United Spirits | Beverages | 0.01% | +0.00% |
| UPL | Fertilizers & Agrochemicals | 0.01% | — |
| Mphasis | IT - Software | 0.01% | +0.00% |
| Oberoi Realty | Realty | 0.01% | +0.00% |
| GMR Airports | Transport Infrastructure | 0.01% | -0.04% |
| Pidilite Industries | Chemicals & Petrochemicals | 0.00% | — |
| ABB | Electrical Equipment | 0.00% | — |
| Britannia Industries | Food Products | 0.00% | — |
| Max Financial Services | Insurance | 0.00% | -0.20% |
| Oil India | Oil | 0.00% | — |
| Zydus Life Science | Pharmaceuticals & Biotechnology | 0.00% | -0.03% |
| DLF | Realty | 0.00% | -0.07% |
| Net Current Assets | Net Current Assets | -0.08% | — |
Sector Allocation · Sep 2026
View all 42 sectors
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 1.36 | 1.71 | Low Volatility |
| 3Y | 1.09 | 1.36 | Low Volatility |
| 5Y | 1.00 | 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 | 1.47 | -0.31 | Above Average |
| 3Y | 2.89 | 0.29 | Above Average |
| 5Y | 1.81 | -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 | 8.96 | 6.29 | Above Average |
| 3Y | 13.31 | 9.22 | Above Average |
| 5Y | 13.96 | 9.36 | Above 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 Nippon Life India Asset Management Limited
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Nippon India Taiwan Equity Fund
Direct Plan · Growth Option
|
+61.78% | +49.40% | — | +24.96% |
|
Nippon India Silver ETF
Direct Plan
|
+26.05% | +36.23% | — | +25.08% |
|
Nippon India Silver ETF FOF
Direct Plan · IDCW Option
|
+24.99% | +35.38% | — | +24.09% |
|
Nippon India Nifty Pharma ETF
Direct Plan
|
+22.83% | +22.93% | +15.06% | +13.35% |
|
Nippon India Japan Equity Fund
Direct Plan · IDCW Option
|
+20.27% | +21.27% | +9.63% | +9.56% |
|
Nippon India ETF Gold BeES
Direct Plan
|
+16.58% | +30.82% | +23.10% | +15.30% |
|
Nippon India Gold Savings Fund
Direct Plan · Growth Option
|
+16.51% | +30.76% | +22.97% | +10.34% |
|
Nippon India US Equity Opportunities Fund
Direct Plan · IDCW Option
|
+11.90% | +18.73% | +10.93% | +14.93% |
|
Nippon India Pharma Fund
Direct Plan · Growth Option
|
+10.54% | +18.85% | +14.53% | +17.34% |
|
Nippon India Fixed Maturity Plan - XLV - Series 5
Direct Plan · Growth Option
|
+7.36% | +8.43% | — | +8.54% |
About This Scheme
Investment Objective
The investment objective of the scheme is to generate income by taking advantage of the arbitrage opportunities that potentially exists between cash and derivative market and within the derivative segment 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 anticipated asset allocation would be: Equities and equity related instruments, Derivatives including index futures, stock futures, index options, & stock options, etc. # 65%-90%, Debt and Money market instruments (including investments in securitized debt upto 30%) -10%-35%. When adequate arbitrage opportunities are not available in the Derivative and Equity markets, the anticipated alternate asset allocation on defensive considerations would be: Equities and equity related instruments, Derivatives including index futures, stock futures, index options, & stock options, etc. (Only arbitrage opportunities) # - 0%-65%, Debt and Money market instruments (including investments in securitized debt upto 30%) - 10%-35%, Short term Debt and Money market instruments not exceeding tenure of 91 days** (including investments in securitized debt) # the exposure to derivatives shown in the above asset allocation tables 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.
Exit Load
0.25% if redeemed or switched out on or before completion of 15 days from the date of allotment of units. Nil, thereafter.
Fund Managers
FM 1 Vikash Agarwal, FM 2 Rohit Hashmukh Shah , FM3 Nemish Sheth
FM 1 Primary, FM 2 Primary, FM 3 Primary,
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.