ITI Arbitrage Fund
The scheme seeks to generate 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: 2/5 — ranked #24 of 38 in category.
Fund basics
| Category | Hybrid: Arbitrage |
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| NAV | ₹13.82 (as of 2026-08-21) |
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| AUM | ₹72 Cr |
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| Expense ratio | 0.82% |
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| Riskometer | Low |
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| Fund manager | Animesh Singh |
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| Exit load | For units in excess of 10% of the investment, 0.25% will be charged for redemption within 15 days |
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Performance & risk
| 5-year annualised return | 5.38% |
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| Sharpe ratio | 1.51 |
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| Standard deviation | 0.48% |
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| Max drawdown | -0.62% |
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| Alpha | 0 |
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| Beta | 0 |
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Over 5 years, captured 26.7% of NIFTY Multi Asset - Equity : Arbitrage : REITs/InvITs (50:40:10) Index's upside and -26.6% of its downside.
Market cap allocation
Concentration
| Top 5 holdings | 0.0% |
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| Top 10 holdings | 0.0% |
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| Total holdings | 32 |
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Top holdings
- Net Receivables/Payables (FnO) — 80.7%
- ITI Liquid Fund - Direct Plan - Growth Option — 13.4%
- One 97 Communications Limited — 6.4%
- TREPS 03-Aug-2026 — 6.0%
- HDFC Bank Ltd. — 5.5%
- Power Finance Corporation Ltd — 5.3%
- Cummins India Ltd. — 4.8%
- Shriram Finance Limited — 4.4%
- RBL Bank Limited — 3.9%
- Bharti Airtel Ltd. — 3.3%
Top sectors
- Banking & Financial — 0.0%
- Construction — 0.0%
- Automobile — 0.0%
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | 3.6% | Q4 (Bottom) | #31 of 35 |
| 2025 | 6.5% | Q1 (Top) | #2 of 31 |
| 2024 | 7.2% | Q3 | #19 of 27 |
| 2023 | 6.4% | Q4 (Bottom) | #23 of 25 |
| 2022 | 2.4% | Q4 (Bottom) | #21 of 21 |