UTI Arbitrage Fund
The scheme seeks to generate capital appreciation through arbitrage opportunities between cash and derivative market and arbitrage opportunities within the derivative segment and by deployment of surplus cash in debt securities and money market instruments.
Growthvine rating: 4/5 — ranked #4 of 38 in category.
Fund basics
| Category | Hybrid: Arbitrage |
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| NAV | ₹37.48 (as of 2026-08-21) |
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| AUM | ₹11,324 Cr |
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| Expense ratio | 0.74% |
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| Riskometer | Low |
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| Fund manager | Sharwan Kumar Goyal |
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| Exit load | 0.25% for redemption within 15 days |
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Performance & risk
| 5-year annualised return | 6.14% |
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| Sharpe ratio | 1.91 |
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| Standard deviation | 0.53% |
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| Max drawdown | -0.71% |
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| Alpha | 0 |
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| Beta | 0 |
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Over 5 years, captured 28.3% of NIFTY Multi Asset - Equity : Arbitrage : REITs/InvITs (50:40:10) Index's upside and -25.9% 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 | 129 |
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Top holdings
- Net Receivables/Payables (FnO) — 66.8%
- MF UNITS UTI-MONEY MARKET FUND — 16.7%
- HDFC Bank Ltd. — 4.1%
- Reliance Industries Ltd — 3.5%
- State Bank Of India — 3.2%
- ICICI Bank Ltd. — 3.2%
- Bharti Airtel Ltd. — 2.7%
- Kotak Mahindra Bank Ltd. — 2.6%
- Eternal Limited — 2.5%
- CANARA BANK - 28/01/2027 — 2.2%
Top sectors
- Agricultural & Farm Machinery — 0.0%
- Automobile — 0.0%
- Aerospace & Defence — 0.0%
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | 3.9% | Q2 | #13 of 35 |
| 2025 | 6.5% | Q1 (Top) | #3 of 31 |
| 2024 | 7.7% | Q1 (Top) | #2 of 27 |
| 2023 | 7.2% | Q1 (Top) | #6 of 25 |
| 2022 | 4.0% | Q3 | #14 of 21 |