DSP Arbitrage Fund
This scheme seeks to generate income predominantly through arbitrage opportunities between cash and derivative market and arbitrage opportunities within the derivative market. Investments may also be made in debt & money market instruments.
Growthvine rating: 4/5 — ranked #7 of 38 in category.
Fund basics
| Category | Hybrid: Arbitrage |
|---|---|
| NAV | ₹16.01 (as of 2026-10-01) |
| AUM | ₹6,646 Cr |
| Expense ratio | 0.84% |
| Riskometer | Low |
| Fund manager | Kaivalya Nadkarni |
| Exit load | For units in excess of 10% of the investment, 0.25% will be charged for redemption within 15 days |
Performance & risk
| 5-year annualised return | 5.97% |
|---|---|
| Sharpe ratio | 1.23 |
| Standard deviation | 0.53% |
| Max drawdown | −0.61% |
| Alpha | 0 |
| Beta | 0 |
Over 5 years, captured 27.5% of NIFTY Multi Asset - Equity : Arbitrage : REITs/InvITs (50:40:10) Index's upside and −25.0% of its downside.
Market cap allocation
Concentration
| Top 5 holdings | 0.0% |
|---|---|
| Top 10 holdings | 0.0% |
| Total holdings | 140 |
Top holdings
- Net Receivables/Payables (FnO) — 68.2%
- DSP Money Market Fund — 11.0%
- HDFC Bank Ltd. — 4.7%
- Reliance Industries Ltd — 4.5%
- VODAFONE IDEA LIMITED — 3.6%
- TREPS / Reverse Repo Investments — 2.8%
- AXIS Bank Ltd. — 2.4%
- ICICI Bank Ltd. — 2.1%
- Bharti Airtel Ltd. — 1.8%
- ITC Ltd — 1.7%
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|---|---|---|
| 2026 (partial) | 4.3% | Q3 | #23 of 35 |
| 2025 | 6.2% | Q3 | #19 of 31 |
| 2024 | 7.5% | Q3 | #15 of 27 |
| 2023 | 7.1% | Q2 | #11 of 25 |
| 2022 | 4.1% | Q3 | #12 of 21 |