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Arbitrage Mutual Funds

We are aware that the equity market is volatile. Arbitrage funds focus on leveraging this market volatility. They function on buying and selling securities, commodities, or currencies simultaneously from different diverse markets to derive benefits from the difference in their price points at various vends. View More

In simpler words, an arbitrage fund is an equity fund that invests in equity derivative instruments, like stocks, and plays on the price advantage between two market segments.

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List of Arbitrage Mutual Funds

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TATA written in blue over MUTUAL FUND written in white with both having contrasting backgroundsTata Arbitrage Fund - Direct Growth

6.62%

Fund Size (Cr.) - 24,725

Invest
Blue and red infinity-style symbol with Kotak Mutual fund written in whiteKotak Arbitrage Fund - Direct Growth

6.57%

Fund Size (Cr.) - 74,399

Invest
Blue mountain-inspired graphic above Invesco Mutual Fund written in blueInvesco India Arbitrage Fund - Direct Growth

6.68%

Fund Size (Cr.) - 29,629

Invest
A rectangular logo with a pyramid like structure in center formed with red, orange and yellow colours.Aditya Birla SL Arbitrage Fund - Dir Growth

6.60%

Fund Size (Cr.) - 26,939

Invest
White flower-inspired icon with blue backgroundEdelweiss Arbitrage Fund - Direct Growth

6.54%

Fund Size (Cr.) - 15,139

Invest
MIRAE ASSET written in blue with orange curved arrow.Mirae Asset Arbitrage Fund - Direct Growth

6.57%

Fund Size (Cr.) - 3,872

Invest
Burgundy triangular symbolAXIS Arbitrage Fund - Direct Growth

6.57%

Fund Size (Cr.) - 10,339

Invest
A blue kalash on a orange rectangle, next to a blue rectangle with uti written inside it in white. overall over UTI Mutual Fund written in blueUTI-Arbitrage Fund - Direct Growth

6.50%

Fund Size (Cr.) - 11,152

Invest
Orange and red emblem with small i written in white.ICICI Pru Arbitrage Fund - Direct Growth

6.48%

Fund Size (Cr.) - 34,180

Invest
Red lamp lilke geometric icon with flame like illustration in orange and yellowBandhan Arbitrage - Direct Growth

6.35%

Fund Size (Cr.) - 8,011

Invest
View More

Who Should Invest in Arbitrage Mutual Funds?

Arbitrage funds are balanced or hybrid funds as they invest in both debt and equity, but their primary investments are in equities. Even though Arbitrage funds are relatively low-risk funds, their payoffs, or arbitrage fund returns, are unpredictable. They are another variant of mutual funds. They function on the principle of purchasing stock in the cash market and simultaneously selling off that interest in the futures market. View More

Hence, people who should ideally invest in these funds are:

Those with cash surplus want to make extra earnings instead of keeping them idle in their savings account and earning a very small interest rate.
Anyone looking for a short to medium-term investment strategy should go in for investing in Arbitrage funds.
The term period of 3 to 5 years is ideal for investing in such funds. Hence, those with extra funds and who do not have immediate cash requirements can hold on to them for some time.
Those who desire to profit from volatile markets yet do not want to get involved and invest in high-risk sectors.
These funds charge exit loads. Hence, keeping this in mind, arbitrage funds should be considered for investments only by those who would retain their money in them for at least 3 to 6 months.
These funds are good for people under the higher income bracket, as they can use their surplus funds to invest and earn profits on them.

Popular Arbitrage Mutual Funds

  • Min SIP Investment Amt
  • ₹ 150
  • AUM (Cr.)
  • ₹ 24,725
  • 3Y Returns
  • 7.57%

  • Tata Arbitrage Fund - Direct Growth is an Arbitrage Fund scheme that was launched on 10-12-2018 and is currently under the management of our experienced fund manager Sailesh Jain. With an impressive AUM of ₹24,725 Crores, this scheme's latest NAV is ₹16.2521 as of 8/14/2026 12:00:00 AM.


    Tata Arbitrage Fund - Direct Growth scheme has delivered a return performance of 6.62% in the last 1 year, 7.57% in the last 3 years, and an since its launch. With a minimum SIP investment of just ₹ 150, this scheme offers a great investment opportunity for those looking to invest in Arbitrage Fund.

  • Min SIP Investment Amt
  • ₹ 150
  • AUM (Cr.)
  • ₹ 24,725
  • 3Y Returns
  • 7.57%

  • Min SIP Investment Amt
  • ₹ 100
  • AUM (Cr.)
  • ₹ 74,399
  • 3Y Returns
  • 7.55%

  • Kotak Arbitrage Fund - Direct Growth is an Arbitrage Fund scheme that was launched on 01-01-2013 and is currently under the management of our experienced fund manager Hiten Shah. With an impressive AUM of ₹74,399 Crores, this scheme's latest NAV is ₹43.0255 as of 8/14/2026 12:00:00 AM.


    Kotak Arbitrage Fund - Direct Growth scheme has delivered a return performance of 6.57% in the last 1 year, 7.55% in the last 3 years, and an since its launch. With a minimum SIP investment of just ₹ 100, this scheme offers a great investment opportunity for those looking to invest in Arbitrage Fund.

  • Min SIP Investment Amt
  • ₹ 100
  • AUM (Cr.)
  • ₹ 74,399
  • 3Y Returns
  • 7.55%

  • Min SIP Investment Amt
  • ₹ 500
  • AUM (Cr.)
  • ₹ 29,629
  • 3Y Returns
  • 7.54%

  • Invesco India Arbitrage Fund - Direct Growth is an Arbitrage Fund scheme that was launched on 01-01-2013 and is currently under the management of our experienced fund manager Deepak Gupta. With an impressive AUM of ₹29,629 Crores, this scheme's latest NAV is ₹37.1179 as of 8/14/2026 12:00:00 AM.


    Invesco India Arbitrage Fund - Direct Growth scheme has delivered a return performance of 6.68% in the last 1 year, 7.54% in the last 3 years, and an since its launch. With a minimum SIP investment of just ₹ 500, this scheme offers a great investment opportunity for those looking to invest in Arbitrage Fund.

  • Min SIP Investment Amt
  • ₹ 500
  • AUM (Cr.)
  • ₹ 29,629
  • 3Y Returns
  • 7.54%

  • Min SIP Investment Amt
  • ₹ 100
  • AUM (Cr.)
  • ₹ 26,939
  • 3Y Returns
  • 7.51%

  • Aditya Birla SL Arbitrage Fund - Dir Growth is an Arbitrage Fund scheme that was launched on 01-01-2013 and is currently under the management of our experienced fund manager Lovelish Solanki. With an impressive AUM of ₹26,939 Crores, this scheme's latest NAV is ₹30.7739 as of 8/14/2026 12:00:00 AM.


    Aditya Birla SL Arbitrage Fund - Dir Growth scheme has delivered a return performance of 6.60% in the last 1 year, 7.51% in the last 3 years, and an since its launch. With a minimum SIP investment of just ₹ 100, this scheme offers a great investment opportunity for those looking to invest in Arbitrage Fund.

  • Min SIP Investment Amt
  • ₹ 100
  • AUM (Cr.)
  • ₹ 26,939
  • 3Y Returns
  • 7.51%

  • Min SIP Investment Amt
  • ₹ 100
  • AUM (Cr.)
  • ₹ 15,139
  • 3Y Returns
  • 7.50%

  • Edelweiss Arbitrage Fund - Direct Growth is an Arbitrage Fund scheme that was launched on 12-06-2014 and is currently under the management of our experienced fund manager Bhavesh Jain. With an impressive AUM of ₹15,139 Crores, this scheme's latest NAV is ₹22.3413 as of 8/14/2026 12:00:00 AM.


    Edelweiss Arbitrage Fund - Direct Growth scheme has delivered a return performance of 6.54% in the last 1 year, 7.50% in the last 3 years, and an since its launch. With a minimum SIP investment of just ₹ 100, this scheme offers a great investment opportunity for those looking to invest in Arbitrage Fund.

  • Min SIP Investment Amt
  • ₹ 100
  • AUM (Cr.)
  • ₹ 15,139
  • 3Y Returns
  • 7.50%

  • Min SIP Investment Amt
  • ₹ 99
  • AUM (Cr.)
  • ₹ 3,872
  • 3Y Returns
  • 7.45%

  • Mirae Asset Arbitrage Fund - Direct Growth is an Arbitrage Fund scheme that was launched on 03-06-2020 and is currently under the management of our experienced fund manager Jignesh Rao. With an impressive AUM of ₹3,872 Crores, this scheme's latest NAV is ₹14.51 as of 8/14/2026 12:00:00 AM.


    Mirae Asset Arbitrage Fund - Direct Growth scheme has delivered a return performance of 6.57% in the last 1 year, 7.45% in the last 3 years, and an since its launch. With a minimum SIP investment of just ₹ 99, this scheme offers a great investment opportunity for those looking to invest in Arbitrage Fund.

  • Min SIP Investment Amt
  • ₹ 99
  • AUM (Cr.)
  • ₹ 3,872
  • 3Y Returns
  • 7.45%

  • Min SIP Investment Amt
  • ₹ 100
  • AUM (Cr.)
  • ₹ 10,339
  • 3Y Returns
  • 7.45%

  • AXIS Arbitrage Fund - Direct Growth is an Arbitrage Fund scheme that was launched on 25-07-2014 and is currently under the management of our experienced fund manager Devang Shah. With an impressive AUM of ₹10,339 Crores, this scheme's latest NAV is ₹21.8125 as of 8/14/2026 12:00:00 AM.


    AXIS Arbitrage Fund - Direct Growth scheme has delivered a return performance of 6.57% in the last 1 year, 7.45% in the last 3 years, and an since its launch. With a minimum SIP investment of just ₹ 100, this scheme offers a great investment opportunity for those looking to invest in Arbitrage Fund.

  • Min SIP Investment Amt
  • ₹ 100
  • AUM (Cr.)
  • ₹ 10,339
  • 3Y Returns
  • 7.45%

  • Min SIP Investment Amt
  • ₹ 500
  • AUM (Cr.)
  • ₹ 11,152
  • 3Y Returns
  • 7.42%

  • UTI-Arbitrage Fund - Direct Growth is an Arbitrage Fund scheme that was launched on 01-01-2013 and is currently under the management of our experienced fund manager Sharwan Kumar Goyal. With an impressive AUM of ₹11,152 Crores, this scheme's latest NAV is ₹40.0356 as of 8/14/2026 12:00:00 AM.


    UTI-Arbitrage Fund - Direct Growth scheme has delivered a return performance of 6.50% in the last 1 year, 7.42% in the last 3 years, and an since its launch. With a minimum SIP investment of just ₹ 500, this scheme offers a great investment opportunity for those looking to invest in Arbitrage Fund.

  • Min SIP Investment Amt
  • ₹ 500
  • AUM (Cr.)
  • ₹ 11,152
  • 3Y Returns
  • 7.42%

  • Min SIP Investment Amt
  • ₹ 500
  • AUM (Cr.)
  • ₹ 34,180
  • 3Y Returns
  • 7.42%

  • ICICI Pru Arbitrage Fund - Direct Growth is an Arbitrage Fund scheme that was launched on 01-01-2013 and is currently under the management of our experienced fund manager Archana Nair. With an impressive AUM of ₹34,180 Crores, this scheme's latest NAV is ₹39.4944 as of 8/14/2026 12:00:00 AM.


    ICICI Pru Arbitrage Fund - Direct Growth scheme has delivered a return performance of 6.48% in the last 1 year, 7.42% in the last 3 years, and an since its launch. With a minimum SIP investment of just ₹ 500, this scheme offers a great investment opportunity for those looking to invest in Arbitrage Fund.

  • Min SIP Investment Amt
  • ₹ 500
  • AUM (Cr.)
  • ₹ 34,180
  • 3Y Returns
  • 7.42%

  • Min SIP Investment Amt
  • ₹ 100
  • AUM (Cr.)
  • ₹ 8,011
  • 3Y Returns
  • 7.40%

  • Bandhan Arbitrage - Direct Growth is an Arbitrage Fund scheme that was launched on 01-01-2013 and is currently under the management of our experienced fund manager Kapil Kankonkar. With an impressive AUM of ₹8,011 Crores, this scheme's latest NAV is ₹37.6461 as of 8/14/2026 12:00:00 AM.


    Bandhan Arbitrage - Direct Growth scheme has delivered a return performance of 6.35% in the last 1 year, 7.40% in the last 3 years, and an since its launch. With a minimum SIP investment of just ₹ 100, this scheme offers a great investment opportunity for those looking to invest in Arbitrage Fund.

  • Min SIP Investment Amt
  • ₹ 100
  • AUM (Cr.)
  • ₹ 8,011
  • 3Y Returns
  • 7.40%
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