Capitalmind Arbitrage Fund
ArbitrageLowOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹10.27-0.09%1 day
- Return since launch
- 2.6%
- 52-week range
- ₹10.01 — ₹10.28
- AUM
- ₹22.88 Cr
Capitalmind Arbitrage Fund is a Arbitrage hybrid fund from Capitalmind Mutual Fund with ₹22.88 Cr under management, launched in 2026. The expense ratio is 2.00% 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 +2.5% against +2.9% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.4% | 0.0 pts | 0.3% | 0.3% |
| 3M | 1.1% | −0.2 pts | 1.3% | 1.3% |
| 6M | 2.4% | −0.3 pts | 2.7% | 2.8% |
Since launch (23 Feb 2026): 2.6%
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
1.93%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.86%
- Brokerage
- 0.11%
- Transaction charges
- 0.07%
- Statutory levies
- 0.89%
- 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 31 Aug 2026
Asset allocation
- Debt20.5%
- Other79.7%
Market cap split
- Large61.6%
- Mid28.2%
- Small10.2%
- P/E
- 13.97
- P/B
- 2.34
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 84.78% | ₹19.40 Cr | +12.62% | +34.90% | — |
| Capitalmind Liquid Fund Direct-Growth | Unclassified | 14.77% | ₹3.38 Cr | +14.91% | — | — |
| Reserve Bank of India | Financial | 0.64% | ₹0.15 Cr | +0.72% | +10.12% | — |
| NMDC Ltd. | Metals & Mining | 0.12% | ₹0.03 Cr | -4.80% | -5.63% | — |
| Axis Bank Ltd. | Financial | 0.08% | ₹0.02 Cr | -7.26% | -1.00% | — |
| ICICI Prudential Life Insurance Company Ltd. | Insurance | 0.06% | ₹0.01 Cr | -4.16% | — | — |
| company:14090 | Services | 0.05% | ₹0.01 Cr | — | — | — |
| GE Vernova T&D India Ltd | Capital Goods | 0.04% | ₹0.01 Cr | — | — | — |
| Shriram Finance Ltd | Financial | 0.03% | ₹0.01 Cr | -3.12% | -3.94% | — |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 0.02% | ₹0.00 Cr | -1.26% | -1.69% | — |
| Grasim Industries Ltd. | Materials | 0.01% | ₹0.00 Cr | -0.78% | -0.87% | — |
| Indian Oil Corporation Ltd. | Energy | 0.01% | ₹0.00 Cr | -1.36% | — | — |
| Indus Towers Ltd. | Communication | 0.01% | ₹0.00 Cr | -3.00% | — | — |
| 360 One Wam Ltd. | Financial | 0.00% | ₹-0.00 Cr | — | — | — |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 0.00% | ₹-0.00 Cr | -1.02% | -1.27% | — |
| Bank Of Baroda | Financial | 0.00% | ₹0.00 Cr | -3.12% | -3.97% | — |
| Bharat Electronics Ltd. | Capital Goods | 0.00% | ₹-0.00 Cr | -2.34% | -3.13% | — |
| Canara Bank | Financial | 0.00% | ₹0.00 Cr | -3.52% | -4.57% | — |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 0.00% | ₹0.00 Cr | -1.92% | -2.32% | — |
| Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | 0.00% | ₹0.00 Cr | -1.02% | -1.10% | — |
| Dabur India Ltd. | Consumer Staples | 0.00% | ₹-0.00 Cr | -1.10% | -1.41% | — |
| Godrej Properties Ltd. | Construction | 0.00% | ₹0.00 Cr | +0.96% | -1.10% | — |
| HDFC Life Insurance Co Ltd. | Insurance | 0.00% | ₹-0.00 Cr | -1.30% | -1.78% | — |
| ICICI Bank Ltd. | Financial | 0.00% | ₹-0.00 Cr | -5.26% | -1.16% | — |
| LIC Housing Finance Ltd. | Financial | 0.00% | ₹-0.00 Cr | -1.60% | -2.04% | — |
| Larsen & Toubro Ltd. | Construction | 0.00% | ₹-0.00 Cr | -7.80% | -5.03% | — |
| NBCC (India) Ltd. | Construction | 0.00% | ₹-0.00 Cr | — | — | — |
| Punjab National Bank | Financial | 0.00% | ₹-0.00 Cr | -1.68% | -2.20% | — |
| State Bank of India | Financial | 0.00% | ₹0.00 Cr | -2.16% | -3.02% | — |
| Tata Consumer Products Ltd. | Consumer Staples | 0.00% | ₹-0.00 Cr | -1.94% | -2.29% | — |
| company:5590 | Technology | 0.00% | ₹-0.00 Cr | — | — | — |
| Bajaj Finance Ltd. | Financial | -0.01% | ₹-0.00 Cr | -2.02% | -2.47% | — |
| Bandhan Bank Ltd. | Financial | -0.01% | ₹-0.00 Cr | -1.50% | -1.39% | — |
| Fortis Healthcare Ltd. | Healthcare | -0.01% | ₹-0.00 Cr | -2.16% | -2.53% | — |
| Hindustan Zinc Ltd. | Metals & Mining | -0.01% | ₹-0.00 Cr | -3.08% | -3.36% | — |
| ITC Ltd. | Consumer Staples | -0.01% | ₹-0.00 Cr | -1.00% | — | — |
| Indian Energy Exchange Ltd. | Services | -0.01% | ₹-0.00 Cr | -3.82% | -0.59% | — |
| Marico Ltd. | Consumer Staples | -0.01% | ₹-0.00 Cr | — | — | — |
| Rail Vikas Nigam Ltd. | Construction | -0.01% | ₹-0.00 Cr | — | — | — |
| Coforge Ltd. | Technology | -0.01% | ₹-0.00 Cr | -10.08% | -2.29% | — |
| Eicher Motors Ltd. | Automobile | -0.02% | ₹-0.00 Cr | -4.30% | -5.42% | — |
| HDFC Bank Ltd. | Financial | -0.02% | ₹-0.00 Cr | -6.02% | -8.28% | — |
| Hindustan Aeronautics Ltd. | Capital Goods | -0.02% | ₹-0.00 Cr | -4.52% | — | — |
| Reliance Industries Ltd. | Energy | -0.05% | ₹-0.01 Cr | -5.90% | — | — |
| Manappuram Finance Ltd. | Financial | -0.06% | ₹-0.01 Cr | -6.80% | -4.12% | — |
| Adani Ports and Special Economic Zone Ltd. | Services | -0.07% | ₹-0.01 Cr | -4.24% | -4.26% | — |
| company:3696 | Metals & Mining | -0.07% | ₹-0.02 Cr | — | — | — |
| Bharti Airtel Ltd. | Communication | -0.10% | ₹-0.02 Cr | -6.92% | -4.64% | — |
| Vodafone Idea Ltd. | Communication | -0.12% | ₹-0.03 Cr | -4.98% | -4.18% | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | 6.78% | 1.31% | -5.47% |
| company:3696 | 0.00% | -3.68% | -3.68% |
| NMDC Ltd. | -2.06% | -5.35% | -3.29% |
| company:14090 | 0.00% | -2.35% | -2.35% |
| Canara Bank | -4.19% | -5.99% | -1.80% |
| 360 One Wam Ltd. | -1.28% | -0.26% | +1.02% |
| Larsen & Toubro Ltd. | -0.93% | -1.86% | -0.93% |
| Coforge Ltd. | -5.51% | -6.19% | -0.68% |
| Cipla Ltd. | -0.56% | 0.00% | +0.56% |
| Sona BLW Precision Forgings Ltd. | -0.42% | 0.00% | +0.42% |
| Vodafone Idea Ltd. | -4.21% | -4.60% | -0.39% |
| Manappuram Finance Ltd. | -3.51% | -3.18% | +0.33% |
| Capitalmind Liquid Fund Direct-Growth | 15.05% | 14.77% | -0.28% |
| NBCC (India) Ltd. | -2.22% | -1.96% | +0.26% |
| Bharti Airtel Ltd. | -3.36% | -3.11% | +0.25% |
| company:5590 | 0.00% | -0.23% | -0.23% |
| HDFC Bank Ltd. | -2.64% | -2.44% | +0.20% |
| Indian Energy Exchange Ltd. | -1.81% | -1.61% | +0.20% |
| ICICI Prudential Life Insurance Company Ltd. | -1.93% | -1.82% | +0.11% |
| Adani Ports and Special Economic Zone Ltd. | -1.82% | -1.72% | +0.10% |
| Hindustan Zinc Ltd. | -1.19% | -1.29% | -0.10% |
| Bajaj Finance Ltd. | -1.15% | -1.05% | +0.10% |
| Rail Vikas Nigam Ltd. | -1.17% | -1.07% | +0.10% |
| Reliance Industries Ltd. | -2.64% | -2.56% | +0.08% |
| Bank Of Baroda | -1.28% | -1.22% | +0.06% |
| Indus Towers Ltd. | -1.21% | -1.15% | +0.06% |
| Fortis Healthcare Ltd. | -0.99% | -0.93% | +0.06% |
| Tata Consumer Products Ltd. | -0.80% | -0.75% | +0.05% |
| Dabur India Ltd. | -0.47% | -0.42% | +0.05% |
| Bandhan Bank Ltd. | -0.56% | -0.52% | +0.04% |
| Bharat Electronics Ltd. | -0.99% | -1.03% | -0.04% |
| GE Vernova T&D India Ltd | -1.94% | -1.90% | +0.04% |
| ITC Ltd. | -0.44% | -0.40% | +0.04% |
| Hindustan Aeronautics Ltd. | -2.19% | -2.22% | -0.03% |
| Cholamandalam Investment and Finance Company Ltd. | -1.04% | -1.01% | +0.03% |
| HDFC Life Insurance Co Ltd. | -0.55% | -0.52% | +0.03% |
| Indian Oil Corporation Ltd. | -0.61% | -0.58% | +0.03% |
| Sun Pharmaceutical Industries Ltd. | -0.62% | -0.59% | +0.03% |
| Crompton Greaves Consumer Electricals Ltd. | -0.25% | -0.22% | +0.03% |
| Marico Ltd. | -0.47% | -0.44% | +0.03% |
| Godrej Properties Ltd. | -0.31% | -0.29% | +0.02% |
| ICICI Bank Ltd. | -2.69% | -2.67% | +0.02% |
| LIC Housing Finance Ltd. | -0.69% | -0.71% | -0.02% |
| Reserve Bank of India | 0.66% | 0.64% | -0.02% |
| Shriram Finance Ltd | -1.55% | -1.57% | -0.02% |
| Axis Bank Ltd. | -3.46% | -3.47% | -0.01% |
| Apollo Hospitals Enterprise Ltd. | -0.50% | -0.49% | +0.01% |
| Grasim Industries Ltd. | -0.35% | -0.36% | -0.01% |
| Punjab National Bank | -0.81% | -0.80% | +0.01% |
| Eicher Motors Ltd. | -2.11% | -2.11% | 0.00% |
| State Bank of India | -1.04% | -1.04% | 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 | ₹41,186 Cr | 2.40% | 6.0% | 6.4% | 6.6% |
 Kotak Arbitrage Fund | ₹75,712 Cr | 2.92% | 6.0% | 6.4% | 6.6% |
 SBI Arbitrage Fund | ₹47,283 Cr | 1.98% | 5.8% | 6.3% | 6.5% |
 Invesco India Arbitrage Fund | ₹30,618 Cr | 2.91% | 6.0% | 6.4% | 6.6% |
 UTI Arbitrage Fund | ₹11,132 Cr | 1.80% | 5.9% | 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 months2.42% absolute | ₹60,000 | ₹61,452 | 2.42% |
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 ₹10.27 as on 24 Sep 2026.
What is the expense ratio of Capitalmind Arbitrage Fund?
The expense ratio of Capitalmind Arbitrage Fund is 2.00% 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 ₹569 Cr under management.