Franklin India Arbitrage Fund
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.
Growthvine rating: 2/5 — ranked #25 of 39 in category.
Fund basics
| Category | Hybrid: Arbitrage |
|---|---|
| NAV | ₹11.26 (as of 2026-10-23) |
| AUM | ₹1,906 Cr |
| Expense ratio | 0.89% |
| Riskometer | Low |
| Fund manager | Anuj Tagra |
| Exit load | For units in excess of 10% of the investment, 0.25% will be charged for redemption within 30 days |
Performance & risk
| Standard deviation | 0.00% |
|---|---|
| Max drawdown | −0.44% |
| 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 −24.9% of its downside.
Market cap allocation
Concentration
| Top 5 holdings | 0.0% |
|---|---|
| Top 10 holdings | 0.0% |
| Total holdings | 128 |
Top holdings
- Net Receivables/Payables (FnO) — 71.3%
- Franklin India Money Market Fund Direct-Growth Plan — 12.0%
- ICICI Bank Ltd. — 6.0%
- HDFC Bank Ltd. — 5.8%
- Reliance Industries Ltd — 4.1%
- AXIS Bank Ltd. — 3.4%
- Canara Bank (30-Nov-2026) — 2.6%
- Bharti Airtel Ltd. — 2.5%
- National Bank For Agriculture & Rural Development (17-Mar-2027) — 2.5%
- Union Bank of India (16-Mar-2027) — 2.5%
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|---|---|---|
| 2026 (partial) | 5.2% | Q1 (Top) | #3 of 35 |
| 2025 | 6.4% | Q2 | #10 of 31 |