Tata Arbitrage Fund - Direct Plan - Growth Option
The investment objective of the Scheme is to seek to generate reasonable returns by investing predominantly in arbitrage opportunities in the cash and derivatives segments of the equity markets and by investing balance in debt and money market instruments.Read more
NAV · 16 Oct 2026₹16.4319▲ 0.06% (1 day)
- Current NAV₹16.4319
- Fund Size (AUM)₹ 24,539 Cr.
- Expense Ratio1.70 %
- 1Y Return+6.79%
- 3Y Return (CAGR)+7.47%
- 5Y Return (CAGR)+6.91%
- Category Rank (3Y)—
- RiskometerLow Risk
- Min. SIP / Lump sum₹ 150 / ₹ 5,000
More figures (11)
- Since Launch (CAGR)+6.56%
- Benchmark—
- Volatility (3Y)1.01 %
- Sharpe Ratio (3Y)0.96
- Beta (3Y)—
- 52-week High / Low₹16.4319 / ₹15.3868
- Max Drawdown-0.6 %
- Launched18 Dec 2018
- Lock-inNone
- Portfolio Turnover281 %
- Fund ManagersSailesh Jain
Performance chart
Past performance may or may not be sustained in future.
Quick take
- Over 5 years it returned 6.9% a year.
- Volatility over 3 years was 1.0% a year, with a Sharpe ratio of 0.96.
- Its biggest fall from a peak was 0.6% (29 May 2020 to 3 Jun 2020).
- Across all 3-year periods since launch, yearly returns ranged from 4.9% to 7.9% and were positive 100% of the time.
- Expense ratio 1.70%, fund size ₹24,539 crore.
Pros
AI- Every 3-year period since launch gave a positive return (lowest 4.9% a year).
Cons
AI- Expense ratio of 1.70% is above the category median of 1.42%.
Pros and cons are generated automatically from the scheme's published figures. They are observations about past data, not a recommendation to invest, switch or redeem.
AI analysis
Plenitude AI reads the figures on this page and explains them in plain language.
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Book a free consultation Compare with other fundsReturns vs benchmark and category
| Returns (%) | 1W | 1M | 3M | 6M | YTD | 1Y | 2Y | 3Y | 5Y | 7Y | 10Y | Since launch |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| This fund | +0.18% | +0.58% | +1.65% | +3.16% | +5.27% | +6.79% | +7.10% | +7.47% | +6.91% | +6.44% | — | +6.56% |
Point-to-point NAV returns as on 16 Oct 2026; over 1 year, yearly compounded (CAGR). Category: Direct Growth plans in Arbitrage Funds. Q1 = top quarter by return over that period.
Calendar-year returns
| Year | 2026 YTD | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| This fund | +5.27% | +7.26% | +8.36% | +7.93% | +4.86% | +4.54% | +5.79% | +7.20% |
January to December each year; the current year is to date.
Month-by-month returns (%)
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.6 | 0.5 | 0.6 | 0.5 | 0.1 | 1.0 | 0.7 | 0.5 | 0.5 | 0.3 | |||
| 2025 | 0.7 | 0.5 | 0.8 | 0.7 | 0.5 | 0.6 | 0.6 | 0.5 | 0.4 | 0.5 | 0.6 | 0.7 | 7.3 |
| 2024 | 0.9 | 0.7 | 0.7 | 0.7 | 0.6 | 0.7 | 0.6 | 0.6 | 0.6 | 0.7 | 0.6 | 0.7 | 8.4 |
| 2023 | 0.5 | 0.7 | 0.7 | 0.6 | 0.6 | 0.7 | 0.6 | 0.8 | 0.7 | 0.7 | 0.5 | 0.7 | 7.9 |
| 2022 | 0.4 | 0.5 | 0.1 | 0.4 | 0.3 | 0.4 | 0.1 | 0.5 | 0.5 | 0.4 | 0.5 | 0.7 | 4.9 |
| 2021 | 0.2 | 0.4 | 0.5 | 0.5 | 0.5 | 0.5 | 0.4 | 0.4 | 0.2 | 0.3 | 0.4 | 0.2 | 4.6 |
| 2020 | 0.7 | 0.9 | 0.6 | 0.5 | 1.1 | -0.1 | 0.0 | 0.4 | 0.4 | 0.5 | 0.2 | 0.5 | 5.8 |
| 2019 | 0.7 | 0.5 | 0.5 | 0.9 | 0.9 | 0.4 | 0.8 | 0.5 | 0.4 | 0.7 | 0.5 | 0.4 | 7.2 |
Change in NAV from the last business day of one month to the last business day of the next. Positive in 93 of 94 months shown (99%). "Year" is shown for complete calendar years.
Risk and consistency
| Risk measure | 3 years | 5 years |
|---|---|---|
| Volatility (standard deviation) ? | 1.01% | 0.95% |
| Sharpe ratio ? | 0.96 | 0.43 |
| Sortino ratio ? | 1.46 | 0.64 |
| Maximum drawdown | -0.41% | -0.41% |
Rolling 3-year returns (yearly)
Lowest+4.91%
Median+6.33%
Highest+7.91%
Positive100% of periods
Above 12% a year0% of periods
Rolling 5-year returns (yearly)
Lowest+6.03%
Median+6.31%
Highest+6.88%
Positive100% of periods
Above 12% a year0% of periods
Every 3- and 5-year period since launch, checked weekly. It shows how consistent returns were, whenever someone invested.
SIP returns: ₹10,000 every month
| SIP for | Invested | Value today | Gain | XIRR |
|---|---|---|---|---|
| 1Y | ₹1,20,000 | ₹1,24,334 | ₹4,334 | +6.74% |
| 3Y | ₹3,60,000 | ₹4,00,927 | ₹40,927 | +7.11% |
| 5Y | ₹6,00,000 | ₹7,20,892 | ₹1,20,892 | +7.27% |
A ₹10,000 instalment on the same date every month, valued at the latest NAV. XIRR is the yearly return on those dated instalments. Try the SIP calculator.
What your investment would be worth
Worked out from the scheme's weekly NAVs (instalments on the first NAV of each month), so it can differ slightly from your statement. Past performance may or may not be sustained in future. Plan a future SIP.
Compare with all Arbitrage Funds (39)
| S.No. | Scheme (Direct plans, Growth) | NAV ₹ | 1M % | 6M % | 1Y % | 3Y % CAGR | 5Y % CAGR | Expense ratio % | Fund size ₹ Cr | Riskometer |
|---|---|---|---|---|---|---|---|---|---|---|
| 1. | ADITYA BIRLA SUN LIFE ARBITRAGE FUNDAditya Birla Sun Life Mutual Fund | ₹31.1190 | — | — | — | — | — | 1.26 | 26,933 | Low Risk |
| 2. | Axis Arbitrage FundAxis Mutual Fund | ₹22.0493 | — | — | — | — | — | 1.45 | 10,168 | Low Risk |
| 3. | Bajaj Finserv Arbitrage FundBajaj Finserv Mutual Fund | ₹12.3320 | — | — | — | — | — | 1.34 | 1,375 | Low Risk |
| 4. | BANDHAN Arbitrage FundBandhan Mutual Fund | ₹38.0491 | — | — | — | — | — | 1.67 | 7,745 | Low Risk |
| 5. | BANK OF INDIA ARBITRAGE FUNDBank of India Mutual Fund | ₹15.5519 | — | — | — | — | — | 2.31 | 111 | Low Risk |
| 6. | BARODA BNP PARIBAS ARBITRAGE FUNDBaroda BNP Paribas Mutual Fund | ₹18.3710 | — | — | — | — | — | 0.35 | 1,015 | Low Risk |
| 7. | Capitalmind Arbitrage FundCapitalmind Mutual Fund | ₹10.3638 | — | — | — | — | — | — | — | — |
| 8. | DSP Arbitrage fundDSP Mutual Fund | ₹16.9560 | — | — | — | — | — | 1.20 | 6,720 | Low Risk |
| 9. | Edelweiss Arbitrage FundEdelweiss Mutual Fund | ₹22.5872 | — | — | — | — | — | 1.67 | 14,250 | Low Risk |
| 10. | Franklin India Arbitrage FundFranklin Templeton Mutual Fund | ₹11.3945 | — | — | — | — | — | 1.16 | 1,921 | Low Risk |
| 11. | Groww Arbitrage FundGroww Mutual Fund | ₹10.2949 | — | — | — | — | — | — | — | — |
| 12. | HDFC Arbitrage FundHDFC Mutual Fund | ₹21.8940 | — | — | — | — | — | 1.53 | 25,407 | Low Risk |
| 13. | Helios Arbitrage FundHelios Mutual Fund | ₹10.3400 | — | — | — | — | — | — | — | — |
| 14. | HSBC Arbitrage FundHSBC Mutual Fund | ₹22.0419 | — | — | — | — | — | 1.47 | 3,633 | Low Risk |
| 15. | ICICI Prudential Arbitrage FundICICI Prudential Mutual Fund | ₹39.9200 | — | — | — | — | — | 1.62 | 35,576 | Low Risk |
| 16. | Invesco India Arbitrage FundInvesco Mutual Fund | ₹37.5410 | — | — | — | — | — | 2.31 | 30,396 | Low Risk |
| 17. | ITI Arbitrage FundITI Mutual Fund | ₹14.6524 | — | — | — | — | — | 1.11 | 65 | Low Risk |
| 18. | JioBlackRock Arbitrage FundJio BlackRock Mutual Fund | ₹10.5842 | — | — | — | — | — | — | — | — |
| 19. | JM Arbitrage FundJM Financial Mutual Fund | ₹37.6344 | — | — | — | — | — | 1.42 | 341 | Low Risk |
| 20. | Kotak Arbitrage FundKotak Mahindra Mutual Fund | ₹43.5093 | — | — | — | — | — | 2.40 | 75,275 | Low Risk |
| 21. | LIC MF Arbitrage FundLIC Mutual Fund | ₹15.6819 | — | — | — | — | — | 1.09 | 305 | Low Risk |
| 22. | Mahindra Manulife Arbitrage FundMahindra Manulife Mutual Fund | ₹13.8672 | — | — | — | — | — | 1.16 | 138 | Low Risk |
| 23. | Mirae Asset Arbitrage FundMirae Asset Mutual Fund | ₹14.6750 | — | — | — | — | — | 2.69 | 3,571 | Low Risk |
| 24. | Motilal Oswal Arbitrage FundMotilal Oswal Mutual Fund | ₹11.3469 | — | — | — | — | — | 1.02 | 3,434 | Low Risk |
| 25. | Nippon India Arbitrage FundNippon India Mutual Fund | ₹31.1525 | — | — | — | — | — | 1.37 | 17,216 | Low Risk |
| 26. | NJ Arbitrage FundNJ Mutual Fund | ₹13.2234 | — | — | — | — | — | 1.07 | 234 | Low Risk |
| 27. | Old Bridge Arbitrage FundOld Bridge Mutual Fund | ₹10.6027 | — | — | — | — | — | — | — | — |
| 28. | Parag Parikh Arbitrage FundPPFAS Mutual Fund | ₹12.2157 | — | — | — | — | — | 1.00 | 2,750 | Low Risk |
| 29. | quant Arbitrage Fundquant Mutual Fund | ₹11.1576 | — | — | — | — | — | — | — | — |
| 30. | Samco Arbitrage FundSamco Mutual Fund | ₹11.0200 | — | — | — | — | — | 1.08 | 26 | Low Risk |
| 31. | SBI Arbitrage FundSBI Mutual Fund | ₹39.0032 | — | — | — | — | — | 1.46 | 46,309 | Low Risk |
| 32. | Sundaram Arbitrage Fund(Formerly Known as Prinicpal Arbitrage Fund)Sundaram Mutual Fund | ₹16.5680 | — | — | — | — | — | 0.20 | 539 | Low Risk |
| 33. | Tata Arbitrage FundTata Mutual Fund | ₹16.4319 | — | — | — | — | — | 1.70 | 24,539 | Low Risk |
| 34. | The Wealth Company Arbitrage FundThe Wealth Company Mutual Fund | ₹10.6525 | — | — | — | — | — | — | — | — |
| 35. | TRUSTMF ARBITRAGE FUNDTrust Mutual Fund | ₹10.7327 | — | — | — | — | — | — | — | — |
| 36. | Union Arbitrage FundUnion Mutual Fund | ₹15.7579 | — | — | — | — | — | 1.52 | 220 | Low Risk |
| 37. | UTI - Arbitrage FundUTI Mutual Fund | ₹40.4794 | — | — | — | — | — | 1.28 | 10,900 | Low Risk |
| 38. | WhiteOak Capital Arbitrage FundWhiteOak Capital Mutual Fund | ₹11.5930 | — | — | — | — | — | 2.55 | 2,623 | Low Risk |
| 39. | Zerodha Arbitrage FundZerodha Mutual Fund | ₹10.1014 | — | — | — | — | — | — | — | — |
| Median: 39 schemes | — | — | — | — | — | — | 1.40 | 3,503 | — |
Detailed comparison with another fund About Arbitrage Funds
Sorted by 3-year return; tap a heading to sort. Expense ratio and fund size are from published scheme data ("—" = not available yet). Sorting by past returns is a way to explore data, not a ranking of which fund to choose.
Scheme details
- Investment objective
- The investment objective of the Scheme is to seek to generate reasonable returns by investing predominantly in arbitrage opportunities in the cash and derivatives segments of the equity markets and by investing balance in debt and money market instruments.
- Fund manager
- Sailesh Jain
- Fund house
- Tata Mutual Fund
- Category
- Arbitrage Funds · Hybrid
- Plan / option
- Direct · Growth
- AMFI scheme code
- 145724
- ISIN
- INF277K017Q3
- Scheme documents
- SID, KIM and factsheets (fund house website) · exit load and full portfolio are in these documents.
About Arbitrage Funds
Arbitrage Funds earn from price differences between the cash and futures markets, with at least 65% in equity-related positions. Risk is generally low and returns are usually close to short-term debt; they are taxed as equity funds.
Generally used by investors parking money for a few months who are in a higher tax slab.
Other plans of this scheme
- Tata Arbitrage Fund - Regular Plan - Growth Option
- Tata Arbitrage Fund - Direct Plan - Monthly Payout of Income Distribution cum capital withdrawal option
- Tata Arbitrage Fund - Direct Plan - Monthly Reinvestment of Income Distribution cum capital withdrawal option
- Tata Arbitrage Fund - Regular Plan - Monthly Payout of Income Distribution cum capital withdrawal option
- Tata Arbitrage Fund - Regular Plan - Monthly Reinvestment of Income Distribution cum capital withdrawal option
Tax on your gains
Likely tax treatment: Equity-oriented fund
- Held 12 months or less: short-term gain taxed at 20%.
- Held over 12 months: long-term gain taxed at 12.5% on gains above ₹1.25 lakh a year (the ₹1.25 lakh exemption covers all your equity funds and shares together).
- Dividends (IDCW option) are added to your income and taxed at your slab rate; the fund deducts 10% TDS when they exceed ₹10,000 in a year.
- Switching from one scheme or plan to another counts as selling and buying.
- Surcharge and 4% health and education cess apply on top of these rates.
| Fund type | Short-term | Long-term |
|---|---|---|
| Equity-oriented | 20% (up to 12 months) | 12.5% above ₹1.25 lakh |
| Debt-oriented (bought from Apr 2023) | Slab rate | Slab rate |
| Gold, international, other hybrid | Slab rate | 12.5% (after 12 or 24 months) |
Exit load, if any, is set out in the scheme's KIM (scheme documents). Tax rules change from time to time and depend on your situation; please confirm with your tax adviser. This is general information, not tax advice.
Fund manager
From the scheme details published by the fund house. "Also manages" lists schemes we have on record and grows as more schemes are viewed.
Latest news: Tata Mutual Fund
- Tata, HDFC, ICICI Prudential mutual funds halt fresh gold FoF investments: What it means for existing and new investorsThe Economic Times · 17 h ago
- HDFC, ICICI Pru, Tata Mutual Fund halt investment in Gold ETF FoFs: What is barred?News9live · 23 h ago
- Gold ETF News: Tata Mutual Fund restricts inflows; ICICI Pru, HDFC, ABSL, DSP announce similar curbsET Now · Yesterday
- HDFC, ICICI Prudential, Tata Mutual Fund halt fresh investments in gold ETF FoFs ahead of festive seasonThe Economic Times · Yesterday
- It's not active or passive; the 'or' is in Hindi: Tata AMC's Anand VardarajanThe Economic Times · 9 Oct
- Gold isn't assured; silver is: Tata AMC's Anand Vardarajan makes the case for passivesThe Economic Times · 9 Oct
- Tata debt fund NAV delayed on AMFI website: What investors should knowCNBC TV18 · 29 Sep
- Fund performance in focus as Tata AMC looks to add AI investment talentBusiness Standard · 24 Sep
Headlines from Google News about this fund house and its schemes over the last 30 days. Lists of "best funds" and buy or sell calls are left out. Links open the publisher's site.
Questions about this scheme
What is the NAV of Tata Arbitrage Fund today?
The latest NAV of Tata Arbitrage Fund - Direct Plan - Growth Option is ₹16.4319 as on 16 Oct 2026, as published by AMFI. NAVs are updated every business day evening.
What returns has Tata Arbitrage Fund given?
As on 16 Oct 2026: 1 year +6.79%, 3 years +7.47% a year, 5 years +6.91% a year. Past returns may or may not be sustained in future.
What is the expense ratio of Tata Arbitrage Fund?
The expense ratio of the Direct plan is 1.70% (as of Aug 2026). It is already deducted in the NAV.
How risky is this fund?
Its riskometer level is Low Risk. Over 3 years its volatility was 1.0% a year and its biggest fall from a peak was 0.4%. Mutual fund investments are subject to market risks.
What is the difference between Direct and Regular plans?
Both plans hold the same portfolio. A Direct plan is bought straight from the fund house and has a lower expense ratio. A Regular plan is bought through a distributor, who is paid a commission from the expense ratio, so its NAV grows slightly slower.
What are Arbitrage Funds?
Arbitrage Funds earn from price differences between the cash and futures markets, with at least 65% in equity-related positions. Risk is generally low and returns are usually close to short-term debt; they are taxed as equity funds.
How are gains from Tata Arbitrage Fund taxed?
It is taxed as an equity-oriented fund: gains on units held up to 12 months are taxed at 20%; after 12 months, gains above ₹1.25 lakh a year are taxed at 12.5% (plus surcharge and cess).
Important. NAVs are from AMFI and mfapi.in; benchmark closes from Yahoo Finance; expense ratio, fund size and managers from published scheme data (Kuvera). Figures may be delayed; confirm with the fund house before transacting. Ranks and quartiles are positions by past return and are not a rating or recommendation. Mutual fund investments are subject to market risks; read all scheme-related documents carefully before investing. Plenitude Connect Private Limited is an AMFI-registered Mutual Fund Distributor (ARN-130934) and earns commission from fund houses on Regular plans (see Disclosures).
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