Sundaram Arbitrage Fund
ArbitrageLowOPEN-ENDED
- NAV as on 6 Nov 2026
- ₹15.62+0.19%1 day
- Return since launch
- 4.5%
- 52-week range
- ₹14.70 — ₹15.62
- AUM
- ₹539 Cr
Sundaram Arbitrage Fund is a Arbitrage hybrid fund from Sundaram Mutual Fund with ₹539 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 1.70% 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 +6.2% 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 | 6.3% | +0.3 pts | 5.9% | 6.0% |
| 2Y | 6.1% | +0.1 pts | 6.0% | 6.0% |
| 3Y | 6.2% | −0.3 pts | 6.5% | 6.2% |
| 5Y | 6.3% | +0.3 pts | 6.0% | 6.4% |
| 7Y | 5.8% | −0.1 pts | 6.0% | 6.0% |
| 10Y | 5.2% | −0.4 pts | 5.6% | 5.7% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.6% | +0.1 pts | 0.5% | 0.5% |
| 3M | 1.5% | +0.1 pts | 1.4% | 1.4% |
| 6M | 3.1% | +0.1 pts | 3.0% | 2.9% |
| 1Y | 6.2% | +0.3 pts | 5.9% | 6.0% |
| 2Y | 6.2% | +0.1 pts | 6.1% | 6.1% |
| 3Y | 6.5% | 0.0 pts | 6.5% | 6.5% |
| 5Y | 5.9% | −0.1 pts | 6.0% | 6.0% |
| 7Y | 5.2% | −0.2 pts | 5.4% | 5.4% |
| 10Y | 4.4% | −1.1 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
1.69%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.82%
- Brokerage
- 0.10%
- Transaction charges
- 0.03%
- Statutory levies
- 0.74%
- 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 | 0.60 | 0.59 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 1.42 | 1.91 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 1.56 | 2.46 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 0.48 | 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 30 Sep 2026
Asset allocation
- Debt25.8%
- Other74.6%
Market cap split
- Large71.8%
- Mid25.2%
- Small3.0%
- P/E
- 20.05
- P/B
- 2.62
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 73.33% | ₹395 Cr | +214.29% | +191.79% | +218.96% |
| Sundaram Money Market Fund Direct - Growth | Unclassified | 9.58% | ₹51.61 Cr | +9.38% | +7.41% | +8.15% |
| HDFC Bank Ltd. | Financial | 7.72% | ₹41.58 Cr | -15.25% | -7.82% | -7.44% |
| Reliance Industries Ltd. | Energy | 7.06% | ₹38.02 Cr | -14.37% | -12.21% | -16.19% |
| Sundaram Liquid Direct-Growth | Unclassified | 5.61% | ₹30.21 Cr | +4.11% | +3.97% | +2.95% |
| Reserve Bank of India | Financial | 5.44% | ₹29.32 Cr | +2.29% | +3.56% | +1.55% |
| Bajaj Finance Ltd. | Financial | 4.90% | ₹26.40 Cr | -10.75% | -7.57% | -7.95% |
| GOI | Sovereign | 1.87% | ₹10.09 Cr | +1.56% | +2.47% | +3.24% |
| 360 One Wam Ltd. | Financial | 1.81% | ₹9.76 Cr | +1.47% | +2.27% | — |
| The Indian Hotels Company Ltd. | Services | 0.78% | ₹4.23 Cr | -0.64% | -0.81% | -1.33% |
| KPIT Technologies Ltd. | Technology | 0.29% | ₹1.55 Cr | — | — | — |
| Larsen & Toubro Ltd. | Construction | 0.03% | ₹0.14 Cr | -4.51% | -3.37% | -4.60% |
| ICICI Lombard General Insurance Company Ltd. | Insurance | 0.01% | ₹0.04 Cr | — | — | — |
| NMDC Ltd. | Metals & Mining | 0.00% | ₹0.01 Cr | -2.04% | — | — |
| Fortis Healthcare Ltd. | Healthcare | 0.00% | ₹0.01 Cr | -0.69% | — | — |
| UPL Ltd. | Chemicals | 0.00% | ₹0.01 Cr | -3.85% | — | — |
| Adani Ports and Special Economic Zone Ltd. | Services | 0.00% | ₹0.01 Cr | -0.67% | — | -1.91% |
| Eternal Ltd. | Services | 0.00% | ₹0.01 Cr | -2.01% | -1.76% | -1.36% |
| Lodha Developers Ltd. | Construction | 0.00% | ₹0.01 Cr | — | — | — |
| Bharat Dynamics Ltd. | Capital Goods | 0.00% | ₹0.01 Cr | — | — | -3.24% |
| Kotak Mahindra Bank Ltd. | Financial | 0.00% | ₹0.00 Cr | -2.60% | -3.68% | -2.89% |
| Kaynes Technology India Ltd. | Capital Goods | 0.00% | ₹0.00 Cr | — | — | — |
| Adani Green Energy Ltd. | Capital Goods | 0.00% | ₹0.00 Cr | -0.39% | — | — |
| JIO Financial Services Ltd. | Financial | 0.00% | ₹0.00 Cr | -0.89% | — | — |
| Bharat Electronics Ltd. | Capital Goods | -0.00% | ₹-0.00 Cr | -0.04% | — | — |
| Indian Energy Exchange Ltd. | Services | -0.00% | ₹-0.00 Cr | -2.23% | -1.68% | — |
| Max Financial Services Ltd. | Financial | -0.00% | ₹-0.00 Cr | -1.49% | -2.21% | -3.04% |
| Maruti Suzuki India Ltd. | Automobile | -0.00% | ₹-0.00 Cr | -0.61% | -0.84% | — |
| Ambuja Cements Ltd. | Materials | -0.00% | ₹-0.00 Cr | -1.52% | -2.26% | -4.18% |
| Astral Ltd. | Materials | -0.00% | ₹-0.00 Cr | — | — | — |
| Coal India Ltd. | Materials | -0.00% | ₹-0.00 Cr | -0.33% | — | — |
| Cipla Ltd. | Healthcare | -0.00% | ₹-0.00 Cr | -0.73% | -0.94% | -1.51% |
| Dabur India Ltd. | Consumer Staples | -0.00% | ₹-0.00 Cr | -0.32% | — | — |
| Amber Enterprises India Ltd. | Consumer Discretionary | -0.00% | ₹-0.01 Cr | — | — | — |
| Ather Energy Ltd. | Automobile | -0.00% | ₹-0.01 Cr | — | — | — |
| Divi's Laboratories Ltd. | Healthcare | -0.00% | ₹-0.01 Cr | -0.39% | — | -0.07% |
| Bandhan Bank Ltd. | Financial | -0.00% | ₹-0.01 Cr | — | — | — |
| One 97 Communications Ltd. | Services | -0.00% | ₹-0.01 Cr | — | — | — |
| Havells India Ltd. | Capital Goods | -0.00% | ₹-0.01 Cr | -0.43% | -0.87% | — |
| Tech Mahindra Ltd. | Technology | -0.00% | ₹-0.01 Cr | — | — | — |
| Angel One Ltd. | Financial | -0.00% | ₹-0.01 Cr | -1.02% | — | — |
| Swiggy Ltd. | Services | -0.00% | ₹-0.02 Cr | — | — | — |
| Bank Of Baroda | Financial | -0.00% | ₹-0.02 Cr | -0.86% | -1.24% | -1.68% |
| RBL Bank Ltd. | Financial | -0.00% | ₹-0.02 Cr | -0.47% | — | -3.37% |
| Axis Bank Ltd. | Financial | -0.00% | ₹-0.02 Cr | -5.27% | -6.13% | -7.77% |
| ITC Ltd. | Consumer Staples | -0.01% | ₹-0.03 Cr | -3.03% | -4.74% | -11.94% |
| Power Finance Corporation Ltd. | Financial | -0.01% | ₹-0.04 Cr | -1.52% | — | — |
| Tata Steel Ltd. | Metals & Mining | -0.01% | ₹-0.04 Cr | -1.35% | — | -1.48% |
| Mahindra & Mahindra Ltd. | Automobile | -0.01% | ₹-0.05 Cr | -2.41% | -0.98% | -0.83% |
| Marico Ltd. | Consumer Staples | -0.01% | ₹-0.06 Cr | -2.70% | -3.75% | — |
| Hindalco Industries Ltd. | Metals & Mining | -0.01% | ₹-0.06 Cr | -2.40% | -3.50% | -3.94% |
| TVS Motor Company Ltd. | Automobile | -0.02% | ₹-0.09 Cr | -3.15% | -4.82% | — |
| Bharti Airtel Ltd. | Communication | -0.02% | ₹-0.13 Cr | -0.05% | -2.06% | -4.20% |
| ICICI Bank Ltd. | Financial | -0.03% | ₹-0.16 Cr | -5.71% | -10.29% | -13.57% |
| Ashok Leyland Ltd. | Automobile | -0.05% | ₹-0.28 Cr | -0.05% | -5.43% | — |
| Birlasoft Ltd. | Technology | -0.29% | ₹-1.55 Cr | — | — | — |
| The Indian Hotels Company Ltd Rights | Services | -0.79% | ₹-4.26 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Larsen & Toubro Ltd. | -0.04% | -2.43% | -2.39% |
| Sundaram Liquid Direct-Growth | 3.62% | 5.61% | +1.99% |
| ICICI Bank Ltd. | -3.63% | -5.30% | -1.68% |
| ITC Ltd. | -0.51% | -1.85% | -1.33% |
| Hindalco Industries Ltd. | -0.13% | -1.43% | -1.30% |
| Others | 70.68% | 71.81% | +1.14% |
| Kotak Mahindra Bank Ltd. | -0.15% | -1.21% | -1.05% |
| Swiggy Ltd. | 0.00% | -0.69% | -0.69% |
| One 97 Communications Ltd. | 0.00% | -0.68% | -0.68% |
| Tech Mahindra Ltd. | 0.00% | -0.56% | -0.56% |
| Max Financial Services Ltd. | -0.87% | -0.36% | +0.51% |
| company:7041 | -0.48% | 0.00% | +0.48% |
| JIO Financial Services Ltd. | -0.04% | -0.49% | -0.45% |
| Eternal Ltd. | -1.00% | -1.38% | -0.38% |
| Ashok Leyland Ltd. | -6.70% | -6.34% | +0.36% |
| Angel One Ltd. | 0.00% | -0.36% | -0.36% |
| Lodha Developers Ltd. | 0.00% | -0.35% | -0.35% |
| Cipla Ltd. | -0.42% | -0.06% | +0.35% |
| Bharat Dynamics Ltd. | 0.00% | -0.35% | -0.35% |
| Reliance Industries Ltd. | -0.85% | -0.50% | +0.35% |
| Astral Ltd. | 0.00% | -0.35% | -0.35% |
| Sundaram Money Market Fund Direct - Growth | 9.27% | 9.58% | +0.31% |
| Ather Energy Ltd. | 0.00% | -0.30% | -0.30% |
| NMDC Ltd. | -3.07% | -2.80% | +0.28% |
| Kaynes Technology India Ltd. | 0.00% | -0.19% | -0.19% |
| Bharti Airtel Ltd. | -4.62% | -4.44% | +0.18% |
| Amber Enterprises India Ltd. | 0.00% | -0.17% | -0.17% |
| Birlasoft Ltd. | -0.46% | -0.29% | +0.17% |
| KPIT Technologies Ltd. | 0.46% | 0.29% | -0.17% |
| Reserve Bank of India | 5.27% | 5.44% | +0.17% |
| Bajaj Finance Ltd. | -1.41% | -1.26% | +0.16% |
| Mahindra & Mahindra Ltd. | -1.56% | -1.41% | +0.15% |
| Havells India Ltd. | -0.26% | -0.38% | -0.12% |
| company:3692 | -0.10% | 0.00% | +0.10% |
| 360 One Wam Ltd. | 1.75% | 1.81% | +0.06% |
| Tata Steel Ltd. | -0.76% | -0.70% | +0.06% |
| Fortis Healthcare Ltd. | -0.38% | -0.33% | +0.05% |
| UPL Ltd. | -2.25% | -2.20% | +0.05% |
| GOI | 1.83% | 1.87% | +0.05% |
| Bandhan Bank Ltd. | -0.38% | -0.42% | -0.04% |
| Adani Ports and Special Economic Zone Ltd. | -0.35% | -0.39% | -0.04% |
| Marico Ltd. | -1.22% | -1.19% | +0.04% |
| TVS Motor Company Ltd. | -1.89% | -1.86% | +0.04% |
| HDFC Bank Ltd. | -0.28% | -0.24% | +0.04% |
| The Indian Hotels Company Ltd Rights | -0.76% | -0.79% | -0.03% |
| RBL Bank Ltd. | -0.33% | -0.36% | -0.03% |
| Maruti Suzuki India Ltd. | -0.26% | -0.23% | +0.02% |
| Power Finance Corporation Ltd. | -0.73% | -0.71% | +0.02% |
| ICICI Lombard General Insurance Company Ltd. | -0.75% | -0.77% | -0.02% |
| Axis Bank Ltd. | -2.90% | -2.88% | +0.02% |
| Coal India Ltd. | -0.17% | -0.19% | -0.02% |
| The Indian Hotels Company Ltd. | 0.77% | 0.78% | +0.01% |
| Divi's Laboratories Ltd. | -0.32% | -0.33% | -0.01% |
| Adani Green Energy Ltd. | -0.19% | -0.20% | -0.01% |
| Ambuja Cements Ltd. | -0.15% | -0.14% | +0.01% |
| Dabur India Ltd. | -0.17% | -0.18% | 0.00% |
| Indian Energy Exchange Ltd. | -0.02% | -0.02% | 0.00% |
| Bank Of Baroda | -0.44% | -0.44% | 0.00% |
| Bharat Electronics Ltd. | -0.02% | -0.02% | 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 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 months3.07% absolute | ₹60,000 | ₹61,842 | 3.07% | |
| 1 year6.20% annualised | ₹1,20,000 | ₹1,24,107 | 3.42% | |
| 3 years6.49% annualised | ₹3,60,000 | ₹3,98,401 | 10.67% | |
| 5 years5.86% annualised | ₹6,00,000 | ₹6,98,591 | 16.43% |
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 ₹15.62 as on 6 Nov 2026.
What is the expense ratio of Sundaram Arbitrage Fund?
The expense ratio of Sundaram Arbitrage Fund is 1.70% 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 6.3% over 1 year, 6.2% over 3 years and 6.3% 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 ₹82,589 Cr under management.