Sundaram Arbitrage Fund
ArbitrageLowOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹15.48-0.11%1 day
- Return since launch
- 4.5%
- 52-week range
- ₹14.60 — ₹15.50
- AUM
- ₹554 Cr
Sundaram Arbitrage Fund is a Arbitrage hybrid fund from Sundaram Mutual Fund with ₹554 Cr under management, launched in 2016. Over three years it has returned 6.2% a year, against 6.5% for its category. The expense ratio is 1.77% and the SEBI riskometer reading is Low.
Performance
Sundaram Arbitrage Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +6.0% against +6.0% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 5.9% | 0.0 pts | 5.9% | 5.8% |
| 2Y | 5.9% | 0.0 pts | 5.9% | 6.0% |
| 3Y | 6.2% | −0.3 pts | 6.5% | 6.2% |
| 5Y | 6.2% | +0.3 pts | 5.9% | 6.3% |
| 7Y | 5.8% | −0.2 pts | 5.9% | 5.9% |
| 10Y | 5.1% | −0.5 pts | 5.6% | 5.7% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.3% | 0.0 pts | 0.3% | 0.3% |
| 3M | 1.3% | 0.0 pts | 1.3% | 1.3% |
| 6M | 2.8% | +0.1 pts | 2.7% | 2.8% |
| 1Y | 6.0% | +0.2 pts | 5.9% | 6.0% |
| 2Y | 6.1% | 0.0 pts | 6.1% | 6.2% |
| 3Y | 6.5% | 0.0 pts | 6.5% | 6.6% |
| 5Y | 5.7% | −0.2 pts | 5.9% | 6.0% |
| 7Y | 5.1% | −0.3 pts | 5.4% | 5.4% |
| 10Y | 4.4% | −1.2 pts | 5.6% | 5.6% |
Since launch (28 Mar 2016): 4.5%
Calendar-year returns
Category average3.9%
3.1%
3.6%
6.8%
7.1%
6.2%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 6.2% | −0.7 pts | 6.9% |
| 2024 | 7.1% | −0.9 pts | 8.0% |
| 2023 | 6.8% | −0.9 pts | 7.6% |
| 2022 | 3.6% | −1.0 pts | 4.6% |
| 2021 | 3.1% | −1.0 pts | 4.1% |
| 2020 | 3.9% | −0.8 pts | 4.7% |
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
1.71%
Expense ratio as on 22 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.82%
- Brokerage
- 0.10%
- Transaction charges
- 0.03%
- Statutory levies
- 0.76%
- Exit load
- For units in excess of 25% of the investment,1% will be charged for redemption 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.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | 0.62 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 1.15 | 1.88 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 1.25 | 2.31 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 0.47 | 0.51 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 4 category peers | |||
Portfolio
Sundaram Arbitrage Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt24.7%
- Other76.0%
Market cap split
- Large74.2%
- Mid24.2%
- Small1.7%
- P/E
- 21.07
- P/B
- 2.72
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 75.42% | ₹418 Cr | +218.92% | +212.92% | +210.00% |
| Sundaram Money Market Fund Direct - Growth | Unclassified | 9.27% | ₹51.34 Cr | +4.37% | +9.09% | +8.40% |
| HDFC Bank Ltd. | Financial | 7.62% | ₹42.19 Cr | -5.53% | -12.63% | -7.73% |
| Reliance Industries Ltd. | Energy | 7.43% | ₹41.14 Cr | -10.60% | -15.61% | -1.57% |
| Reserve Bank of India | Financial | 5.27% | ₹29.21 Cr | +3.16% | +1.45% | +1.60% |
| Bajaj Finance Ltd. | Financial | 5.18% | ₹28.71 Cr | -12.41% | -7.49% | -7.23% |
| Sundaram Liquid Direct-Growth | Unclassified | 3.62% | ₹20.07 Cr | +3.54% | +6.67% | +3.04% |
| Larsen & Toubro Ltd. | Construction | 2.53% | ₹14.01 Cr | -10.79% | -5.08% | -4.69% |
| ICICI Bank Ltd. | Financial | 2.01% | ₹11.16 Cr | -7.29% | -14.50% | -14.31% |
| GOI | Sovereign | 1.83% | ₹10.12 Cr | +2.16% | +3.05% | +3.36% |
| 360 One Wam Ltd. | Financial | 1.75% | ₹9.70 Cr | +2.02% | +2.79% | — |
| Kotak Mahindra Bank Ltd. | Financial | 1.39% | ₹7.70 Cr | -3.55% | -5.34% | -1.19% |
| Hindalco Industries Ltd. | Metals & Mining | 1.36% | ₹7.52 Cr | -3.21% | -4.51% | -3.76% |
| ITC Ltd. | Consumer Staples | 1.06% | ₹5.88 Cr | -4.18% | -6.35% | -12.58% |
| The Indian Hotels Company Ltd. | Services | 0.77% | ₹4.28 Cr | -0.82% | +1.16% | +1.44% |
| JIO Financial Services Ltd. | Financial | 0.49% | ₹2.72 Cr | -1.26% | — | -0.29% |
| KPIT Technologies Ltd. | Technology | 0.46% | ₹2.54 Cr | — | — | — |
| Axis Bank Ltd. | Financial | 0.07% | ₹0.36 Cr | -3.95% | -8.99% | -7.45% |
| NMDC Ltd. | Metals & Mining | 0.06% | ₹0.35 Cr | — | — | — |
| Eternal Ltd. | Services | 0.02% | ₹0.08 Cr | -1.71% | -2.33% | — |
| Divi's Laboratories Ltd. | Healthcare | 0.01% | ₹0.04 Cr | — | — | — |
| Havells India Ltd. | Capital Goods | 0.01% | ₹0.03 Cr | -0.61% | -1.26% | — |
| Tata Steel Ltd. | Metals & Mining | 0.00% | ₹0.03 Cr | -2.04% | — | -1.40% |
| Coal India Ltd. | Materials | 0.00% | ₹0.01 Cr | — | — | — |
| State Bank of India | Financial | 0.00% | ₹0.00 Cr | -10.01% | — | -5.22% |
| Maruti Suzuki India Ltd. | Automobile | 0.00% | ₹0.00 Cr | -0.79% | -1.25% | — |
| Bank Of Baroda | Financial | 0.00% | ₹0.00 Cr | -1.19% | -1.97% | -1.57% |
| Bharat Electronics Ltd. | Capital Goods | -0.00% | ₹-0.00 Cr | — | — | — |
| Indian Energy Exchange Ltd. | Services | -0.00% | ₹-0.00 Cr | -3.17% | — | — |
| Coforge Ltd. | Technology | -0.00% | ₹-0.00 Cr | — | — | — |
| TVS Motor Company Ltd. | Automobile | -0.00% | ₹-0.01 Cr | -4.30% | — | — |
| Ambuja Cements Ltd. | Materials | -0.00% | ₹-0.01 Cr | -2.22% | -3.46% | -5.32% |
| RBL Bank Ltd. | Financial | -0.00% | ₹-0.01 Cr | — | — | -3.27% |
| Dabur India Ltd. | Consumer Staples | -0.00% | ₹-0.01 Cr | — | — | — |
| Max Financial Services Ltd. | Financial | -0.00% | ₹-0.01 Cr | -2.19% | -3.30% | -3.21% |
| company:14386 | Insurance | -0.00% | ₹-0.02 Cr | — | — | — |
| Fortis Healthcare Ltd. | Healthcare | -0.00% | ₹-0.02 Cr | -0.93% | — | — |
| Adani Green Energy Ltd. | Capital Goods | -0.00% | ₹-0.02 Cr | — | — | — |
| Cipla Ltd. | Healthcare | -0.00% | ₹-0.03 Cr | -0.94% | -1.27% | -1.65% |
| Bandhan Bank Ltd. | Financial | -0.00% | ₹-0.03 Cr | — | — | — |
| Adani Ports and Special Economic Zone Ltd. | Services | -0.01% | ₹-0.07 Cr | — | — | — |
| UPL Ltd. | Chemicals | -0.02% | ₹-0.12 Cr | — | — | — |
| Power Finance Corporation Ltd. | Financial | -0.03% | ₹-0.14 Cr | — | — | — |
| Marico Ltd. | Consumer Staples | -0.03% | ₹-0.18 Cr | -3.71% | -4.94% | — |
| Mahindra & Mahindra Ltd. | Automobile | -0.04% | ₹-0.24 Cr | -0.89% | -1.39% | -0.80% |
| Ashok Leyland Ltd. | Automobile | -0.05% | ₹-0.30 Cr | -0.86% | — | — |
| Bharti Airtel Ltd. | Communication | -0.19% | ₹-1.04 Cr | -8.60% | -2.68% | -0.06% |
| Birlasoft Ltd. | Technology | -0.46% | ₹-2.55 Cr | — | — | — |
| company:17623 | Services | -0.76% | ₹-4.20 Cr | — | -1.16% | -1.45% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| HDFC Bank Ltd. | -7.65% | -0.28% | +7.38% |
| NMDC Ltd. | 2.10% | -3.07% | -5.17% |
| Others | 74.25% | 70.68% | -3.58% |
| Reserve Bank of India | 2.70% | 5.27% | +2.57% |
| Reliance Industries Ltd. | -3.17% | -0.85% | +2.32% |
| ICICI Bank Ltd. | -5.83% | -3.63% | +2.20% |
| Bajaj Finance Ltd. | -3.51% | -1.41% | +2.10% |
| Sundaram Liquid Direct-Growth | 1.81% | 3.62% | +1.82% |
| The Indian Hotels Company Ltd. | -0.78% | 0.77% | +1.55% |
| Indian Energy Exchange Ltd. | -1.38% | -0.02% | +1.36% |
| Axis Bank Ltd. | -1.57% | -2.90% | -1.32% |
| Hindalco Industries Ltd. | -1.44% | -0.13% | +1.31% |
| ITC Ltd. | -1.74% | -0.51% | +1.23% |
| REC Ltd. | -0.98% | 0.00% | +0.98% |
| Ambuja Cements Ltd. | -0.91% | -0.15% | +0.77% |
| company:17623 | 0.00% | -0.76% | -0.76% |
| company:14386 | 0.00% | -0.75% | -0.75% |
| JIO Financial Services Ltd. | -0.57% | -0.04% | +0.53% |
| TVS Motor Company Ltd. | -2.30% | -1.89% | +0.40% |
| Ashok Leyland Ltd. | -6.31% | -6.70% | -0.38% |
| Eternal Ltd. | -1.35% | -1.00% | +0.34% |
| Larsen & Toubro Ltd. | -0.38% | -0.04% | +0.34% |
| Bharti Airtel Ltd. | -4.92% | -4.62% | +0.31% |
| Kotak Mahindra Bank Ltd. | -0.40% | -0.15% | +0.24% |
| UPL Ltd. | -2.41% | -2.25% | +0.16% |
| Power Finance Corporation Ltd. | -0.89% | -0.73% | +0.16% |
| KPIT Technologies Ltd. | 0.55% | 0.46% | -0.09% |
| Birlasoft Ltd. | -0.54% | -0.46% | +0.08% |
| Coforge Ltd. | -0.41% | -0.48% | -0.06% |
| Marico Ltd. | -1.27% | -1.22% | +0.05% |
| Divi's Laboratories Ltd. | -0.28% | -0.32% | -0.04% |
| Max Financial Services Ltd. | -0.83% | -0.87% | -0.04% |
| Tata Steel Ltd. | -0.80% | -0.76% | +0.04% |
| Sundaram Money Market Fund Direct - Growth | 9.23% | 9.27% | +0.04% |
| Mahindra & Mahindra Ltd. | -1.59% | -1.56% | +0.03% |
| Adani Green Energy Ltd. | -0.21% | -0.19% | +0.02% |
| Bandhan Bank Ltd. | -0.40% | -0.38% | +0.02% |
| Dabur India Ltd. | -0.19% | -0.17% | +0.02% |
| Cipla Ltd. | -0.43% | -0.42% | +0.02% |
| Fortis Healthcare Ltd. | -0.40% | -0.38% | +0.01% |
| Maruti Suzuki India Ltd. | -0.27% | -0.26% | +0.01% |
| Adani Ports and Special Economic Zone Ltd. | -0.37% | -0.35% | +0.01% |
| Bajaj Finserv Ltd. | -0.01% | 0.00% | +0.01% |
| Havells India Ltd. | -0.27% | -0.26% | +0.01% |
| Bank Of Baroda | -0.45% | -0.44% | +0.01% |
| 360 One Wam Ltd. | 1.74% | 1.75% | +0.01% |
| Coal India Ltd. | -0.18% | -0.17% | +0.01% |
| RBL Bank Ltd. | -0.32% | -0.33% | -0.01% |
| GOI | 1.83% | 1.83% | -0.01% |
| Bharat Electronics Ltd. | -0.02% | -0.02% | 0.00% |
| State Bank of India | -0.10% | -0.10% | 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 capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market instruments.
Fund managers
- Kumaresh RamakrishnanMr. Ramakrishnan is a B.E from Mumbai University and MBA from NMIMS (Mumbai).Prior to joining Sundaram Mutual Fund he has worked with PGIM India Mutual Fund, DWS AMC, Societe Generale and CARE.
- Rohit SeksariaMr. Seksaria is CS, CA & has done MBA from IIM AhmedabadPrior to joining Sundaram Mutual Fund he has worked with Progress Capital/Asia Capital & Advisor Pte Ltd., Matchpoint Investment Management and Progress Capital Pte Ltd.
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 months2.83% absolute | ₹60,000 | ₹61,698 | 2.83% | |
| 1 year6.05% annualised | ₹1,20,000 | ₹1,24,006 | 3.34% | |
| 3 years6.47% annualised | ₹3,60,000 | ₹3,98,275 | 10.63% | |
| 5 years5.69% annualised | ₹6,00,000 | ₹6,95,452 | 15.91% |
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 Sundaram Arbitrage Fund?
The NAV of Sundaram Arbitrage Fund is ₹15.48 as on 24 Sep 2026.
What is the expense ratio of Sundaram Arbitrage Fund?
The expense ratio of Sundaram Arbitrage Fund is 1.77% per year.
What is the minimum SIP amount for Sundaram Arbitrage Fund?
You can start a SIP in Sundaram Arbitrage Fund with ₹3,000 a month.
What returns has Sundaram Arbitrage Fund given?
Sundaram Arbitrage Fund has returned 5.9% over 1 year, 6.2% over 3 years and 6.2% over 5 years (annualised).
Is there a lock-in or exit load on Sundaram Arbitrage Fund?
Lock-in: None. Exit load: For units in excess of 25% of the investment,1% will be charged for redemption within 15 days.
How risky is Sundaram Arbitrage Fund?
Sundaram Arbitrage Fund is rated Low on the SEBI riskometer and belongs to the Arbitrage category.
Which fund house manages Sundaram Arbitrage Fund?
Sundaram Arbitrage Fund is managed by Sundaram Mutual Fund, which runs 32 schemes with ₹76,995 Cr under management.