Capitalmind Arbitrage Fund
ArbitrageLowOPEN-ENDED
- NAV as on 6 Nov 2026
- ₹10.36+0.06%1 day
- Return since launch
- 3.4%
- 52-week range
- ₹10.01 — ₹10.36
- AUM
- ₹22.87 Cr
Capitalmind Arbitrage Fund is a Arbitrage hybrid fund from Capitalmind Mutual Fund with ₹22.87 Cr under management, launched in 2026. The expense ratio is 1.96% and the SEBI riskometer reading is Low.
Performance
Capitalmind Arbitrage Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +3.4% against +3.7% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.5% | 0.0 pts | 0.5% | 0.5% |
| 3M | 1.5% | 0.0 pts | 1.4% | 1.4% |
| 6M | 2.7% | −0.2 pts | 3.0% | 2.9% |
Since launch (23 Feb 2026): 3.4%
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
2.03%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.86%
- Brokerage
- 0.12%
- Transaction charges
- 0.07%
- Statutory levies
- 0.98%
- Exit load
- Exit load of 0.25%, if redeemed within 15 days
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY 50 Arbitrage TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Low
Your principal is treated as being at low risk — typically overnight and very short duration debt schemes.
Portfolio
Capitalmind Arbitrage Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Debt17.9%
- Other82.6%
Market cap split
- Large67.4%
- Mid22.9%
- Small9.7%
- P/E
- 14.84
- P/B
- 2.20
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 84.93% | ₹19.43 Cr | +18.62% | +34.90% | — |
| Capitalmind Liquid Fund Direct-Growth | Unclassified | 14.84% | ₹3.39 Cr | +15.76% | — | — |
| Canara Bank | Financial | 3.50% | ₹0.80 Cr | -3.22% | -4.57% | — |
| Reliance Industries Ltd. | Energy | 1.78% | ₹0.41 Cr | -5.52% | — | — |
| NMDC Ltd. | Metals & Mining | 1.56% | ₹0.36 Cr | -4.38% | -5.63% | — |
| Hindustan Aeronautics Ltd. | Capital Goods | 0.90% | ₹0.21 Cr | -4.36% | — | — |
| Bharat Electronics Ltd. | Capital Goods | 0.73% | ₹0.17 Cr | -2.22% | -3.13% | — |
| NBCC (India) Ltd. | Construction | 0.65% | ₹0.15 Cr | — | — | — |
| Reserve Bank of India | Financial | 0.65% | ₹0.15 Cr | +0.69% | +10.12% | — |
| Steel Authority Of India Ltd. | Metals & Mining | 0.07% | ₹0.02 Cr | — | — | — |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 0.01% | ₹0.00 Cr | -1.04% | -1.27% | — |
| HCL Technologies Ltd. | Technology | 0.01% | ₹0.00 Cr | — | — | — |
| Indian Oil Corporation Ltd. | Energy | 0.01% | ₹0.00 Cr | -1.30% | — | — |
| Bandhan Bank Ltd. | Financial | 0.00% | ₹-0.00 Cr | -1.40% | -1.39% | — |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 0.00% | ₹-0.00 Cr | -2.12% | -2.32% | — |
| Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | 0.00% | ₹-0.00 Cr | -0.56% | -1.10% | — |
| Cummins India Ltd. | Capital Goods | 0.00% | ₹-0.00 Cr | — | — | — |
| Fortis Healthcare Ltd. | Healthcare | 0.00% | ₹0.00 Cr | -2.10% | -2.53% | — |
| Godrej Properties Ltd. | Construction | 0.00% | ₹-0.00 Cr | -0.58% | -1.10% | — |
| HDFC Life Insurance Co Ltd. | Insurance | 0.00% | ₹0.00 Cr | -1.20% | -1.78% | — |
| Hindustan Zinc Ltd. | Metals & Mining | 0.00% | ₹-0.00 Cr | -2.48% | -3.36% | — |
| ITC Ltd. | Consumer Staples | 0.00% | ₹-0.00 Cr | -0.94% | — | — |
| Indus Towers Ltd. | Communication | 0.00% | ₹-0.00 Cr | -2.54% | — | — |
| LIC Housing Finance Ltd. | Financial | 0.00% | ₹-0.00 Cr | -1.60% | -2.04% | — |
| Larsen & Toubro Ltd. | Construction | 0.00% | ₹-0.00 Cr | -4.12% | -5.03% | — |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 0.00% | ₹-0.00 Cr | -1.24% | -1.69% | — |
| Suzlon Energy Ltd. | Capital Goods | 0.00% | ₹-0.00 Cr | — | — | — |
| Tata Consumer Products Ltd. | Consumer Staples | 0.00% | ₹-0.00 Cr | -1.68% | -2.29% | — |
| Varun Beverages Ltd. | Consumer Staples | 0.00% | ₹0.00 Cr | — | — | — |
| Axis Bank Ltd. | Financial | -0.01% | ₹-0.00 Cr | -8.00% | -1.00% | — |
| Interglobe Aviation Ltd. | Services | -0.01% | ₹-0.00 Cr | — | — | — |
| Torrent Pharmaceuticals Ltd. | Healthcare | -0.01% | ₹-0.00 Cr | — | — | — |
| PB Fintech Ltd. | Services | -0.01% | ₹-0.00 Cr | — | — | — |
| Vodafone Idea Ltd. | Communication | -0.01% | ₹-0.00 Cr | -4.90% | -4.18% | — |
| Adani Energy Solutions Ltd. | Energy | -0.01% | ₹-0.00 Cr | — | — | — |
| Bajaj Finance Ltd. | Financial | -0.01% | ₹-0.00 Cr | -2.14% | -2.47% | — |
| Bank Of Baroda | Financial | -0.01% | ₹-0.00 Cr | -3.02% | -3.97% | — |
| Eicher Motors Ltd. | Automobile | -0.01% | ₹-0.00 Cr | -4.02% | -5.42% | — |
| Indian Energy Exchange Ltd. | Services | -0.01% | ₹-0.00 Cr | -3.62% | -0.59% | — |
| Life Insurance Corporation of India | Insurance | -0.01% | ₹-0.00 Cr | — | — | — |
| Marico Ltd. | Consumer Staples | -0.01% | ₹-0.00 Cr | -0.96% | — | — |
| Punjab National Bank | Financial | -0.01% | ₹-0.00 Cr | -1.62% | -2.20% | — |
| Shriram Finance Ltd | Financial | -0.01% | ₹-0.00 Cr | -3.26% | -3.94% | — |
| State Bank of India | Financial | -0.01% | ₹-0.00 Cr | -2.20% | -3.02% | — |
| ICICI Bank Ltd. | Financial | -0.02% | ₹-0.01 Cr | -5.48% | -1.16% | — |
| Bharti Airtel Ltd. | Communication | -0.02% | ₹-0.00 Cr | -6.64% | -4.64% | — |
| GE Vernova T&D India Ltd | Capital Goods | -0.02% | ₹-0.00 Cr | — | — | — |
| Pidilite Industries Ltd. | Chemicals | -0.02% | ₹-0.00 Cr | — | — | — |
| HDFC Bank Ltd. | Financial | -0.03% | ₹-0.01 Cr | -5.90% | -8.28% | — |
| Manappuram Finance Ltd. | Financial | -0.04% | ₹-0.01 Cr | -6.46% | -4.12% | — |
| Coforge Ltd. | Technology | -0.05% | ₹-0.01 Cr | -9.68% | -2.29% | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Canara Bank | -5.99% | -2.14% | +3.85% |
| Vodafone Idea Ltd. | -4.60% | -0.82% | +3.78% |
| NMDC Ltd. | -5.35% | -3.18% | +2.17% |
| Torrent Pharmaceuticals Ltd. | 0.00% | -2.11% | -2.11% |
| Pidilite Industries Ltd. | 0.00% | -1.94% | -1.94% |
| company:14435 | -1.82% | 0.00% | +1.82% |
| ICICI Bank Ltd. | -2.67% | -4.47% | -1.80% |
| company:9041 | -1.72% | 0.00% | +1.72% |
| Shriram Finance Ltd | -1.57% | -0.36% | +1.21% |
| Others | 1.31% | 2.51% | +1.20% |
| Adani Energy Solutions Ltd. | 0.00% | -1.17% | -1.17% |
| Reliance Industries Ltd. | -2.56% | -3.67% | -1.11% |
| company:15605 | -1.07% | 0.00% | +1.07% |
| Hindustan Aeronautics Ltd. | -2.22% | -1.24% | +0.98% |
| Life Insurance Corporation of India | 0.00% | -0.98% | -0.98% |
| Indian Oil Corporation Ltd. | -0.58% | -1.43% | -0.85% |
| NBCC (India) Ltd. | -1.96% | -1.13% | +0.83% |
| PB Fintech Ltd. | 0.00% | -0.82% | -0.82% |
| Bharat Electronics Ltd. | -1.03% | -0.24% | +0.79% |
| Coforge Ltd. | -6.19% | -5.50% | +0.69% |
| Cummins India Ltd. | 0.00% | -0.42% | -0.42% |
| company:844 | -0.42% | 0.00% | +0.42% |
| Steel Authority Of India Ltd. | -3.68% | -3.29% | +0.39% |
| company:1308 | -0.36% | 0.00% | +0.36% |
| company:13401 | -0.26% | 0.00% | +0.26% |
| Manappuram Finance Ltd. | -3.18% | -2.94% | +0.24% |
| Varun Beverages Ltd. | 0.00% | -0.24% | -0.24% |
| Suzlon Energy Ltd. | 0.00% | -0.22% | -0.22% |
| Eicher Motors Ltd. | -2.11% | -1.89% | +0.22% |
| Indian Energy Exchange Ltd. | -1.61% | -1.43% | +0.18% |
| Bharti Airtel Ltd. | -3.11% | -2.94% | +0.17% |
| Fortis Healthcare Ltd. | -0.93% | -0.78% | +0.15% |
| Larsen & Toubro Ltd. | -1.86% | -1.73% | +0.13% |
| Cholamandalam Investment and Finance Company Ltd. | -1.01% | -0.89% | +0.12% |
| Axis Bank Ltd. | -3.47% | -3.36% | +0.11% |
| Bajaj Finance Ltd. | -1.05% | -0.95% | +0.10% |
| State Bank of India | -1.04% | -0.95% | +0.09% |
| Hindustan Zinc Ltd. | -1.29% | -1.21% | +0.08% |
| Capitalmind Liquid Fund Direct-Growth | 14.77% | 14.84% | +0.07% |
| Tata Consumer Products Ltd. | -0.75% | -0.69% | +0.06% |
| Godrej Properties Ltd. | -0.29% | -0.23% | +0.06% |
| Interglobe Aviation Ltd. | -2.35% | -2.30% | +0.05% |
| Apollo Hospitals Enterprise Ltd. | -0.49% | -0.44% | +0.05% |
| Bandhan Bank Ltd. | -0.52% | -0.56% | -0.04% |
| GE Vernova T&D India Ltd | -1.90% | -1.86% | +0.04% |
| Indus Towers Ltd. | -1.15% | -1.11% | +0.04% |
| Bank Of Baroda | -1.22% | -1.19% | +0.03% |
| Sun Pharmaceutical Industries Ltd. | -0.59% | -0.56% | +0.03% |
| HCL Technologies Ltd. | -0.23% | -0.21% | +0.02% |
| HDFC Life Insurance Co Ltd. | -0.52% | -0.50% | +0.02% |
| Marico Ltd. | -0.44% | -0.42% | +0.02% |
| Crompton Greaves Consumer Electricals Ltd. | -0.22% | -0.20% | +0.02% |
| HDFC Bank Ltd. | -2.44% | -2.45% | -0.01% |
| LIC Housing Finance Ltd. | -0.71% | -0.70% | +0.01% |
| Reserve Bank of India | 0.64% | 0.65% | +0.01% |
| ITC Ltd. | -0.40% | -0.40% | 0.00% |
| Punjab National Bank | -0.80% | -0.80% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹39,759 Cr | 2.36% | 6.1% | 6.4% | 6.6% |
 Kotak Arbitrage Fund | ₹75,275 Cr | 2.86% | 6.2% | 6.4% | 6.6% |
 SBI Arbitrage Fund | ₹46,309 Cr | 1.95% | 6.2% | 6.4% | 6.6% |
 Invesco India Arbitrage Fund | ₹26,552 Cr | 2.82% | 6.3% | 6.4% | 6.6% |
 UTI Arbitrage Fund | ₹10,900 Cr | 1.80% | 6.0% | 6.4% | 6.5% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to generate Income over short to medium term by predominantly investing in arbitrage opportunities in the cash & derivatives segment of the equity market
Fund managers
- Anoop VijaykumarB.E, MBAPrior to joining Capitalmind MF, he was associated with Microsoft and Honeywell.
- Prateek JainMr. Jain is B.M.S, M.Com & CFA - (CFA Institute USA)Prior to joining Capitalmind Mutual Fund, he has worked with Invesco Asset Management ,Principal Pnb AMC as Fixed Income Dealer, Taurus Corporate Advisory Service Ltd. as Debt Dealer in Wholesale Debt Markets & in Edelweiss Web Services Ltd. as Junior Associate.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months2.73% absolute | ₹60,000 | ₹61,638 | 2.73% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Capitalmind Arbitrage Fund?
The NAV of Capitalmind Arbitrage Fund is ₹10.36 as on 6 Nov 2026.
What is the expense ratio of Capitalmind Arbitrage Fund?
The expense ratio of Capitalmind Arbitrage Fund is 1.96% per year.
What is the minimum SIP amount for Capitalmind Arbitrage Fund?
You can start a SIP in Capitalmind Arbitrage Fund with ₹3,000 a month.
Is there a lock-in or exit load on Capitalmind Arbitrage Fund?
Lock-in: None. Exit load: Exit load of 0.25%, if redeemed within 15 days.
How risky is Capitalmind Arbitrage Fund?
Capitalmind Arbitrage Fund is rated Low on the SEBI riskometer and belongs to the Arbitrage category.
Which fund house manages Capitalmind Arbitrage Fund?
Capitalmind Arbitrage Fund is managed by Capitalmind Mutual Fund, which runs 4 schemes with ₹630 Cr under management.