Bandhan Arbitrage Fund
The scheme aims to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and the 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.
Growthvine rating: 3/5 — ranked #19 of 38 in category.
Fund basics
| Category | Hybrid: Arbitrage |
|---|---|
| NAV | ₹34.73 (as of 2026-10-01) |
| AUM | ₹8,011 Cr |
| Expense ratio | 0.91% |
| Riskometer | Low |
| Fund manager | Kapil Kankonkar |
| Exit load | 0.25% for redemption within 15 days |
Performance & risk
| 5-year annualised return | 5.99% |
|---|---|
| Sharpe ratio | 1.4 |
| Standard deviation | 0.53% |
| Max drawdown | −0.77% |
| Alpha | 0 |
| Beta | 0 |
Over 5 years, captured 28.0% of NIFTY Multi Asset - Equity : Arbitrage : REITs/InvITs (50:40:10) Index's upside and −23.6% of its downside.
Market cap allocation
Concentration
| Top 5 holdings | 0.0% |
|---|---|
| Top 10 holdings | 0.0% |
| Total holdings | 154 |
Top holdings
- Net Receivables/Payables (FnO) — 72.8%
- Bandhan Money Market Fund -Direct Plan-Growth — 13.4%
- Bandhan Ultra Short to Short Term Fund-DR GR — 8.9%
- HDFC Bank Ltd. — 4.8%
- Bandhan Ultra Short Term Fund - DR Plan GR — 3.6%
- VODAFONE IDEA LIMITED — 2.9%
- AXIS Bank Ltd. — 2.4%
- ICICI Bank Ltd. — 2.3%
- Reliance Industries Ltd — 2.1%
- Kotak Mahindra Bank Ltd. — 1.7%
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|---|---|---|
| 2026 (partial) | 4.2% | Q3 | #27 of 35 |
| 2025 | 6.2% | Q2 | #16 of 31 |
| 2024 | 7.5% | Q2 | #10 of 27 |
| 2023 | 7.1% | Q2 | #10 of 25 |
| 2022 | 4.1% | Q2 | #9 of 21 |