HDFC Mutual Fund
HDFC ARBITRAGE FUND Option
4.9Q4
- NAV
- ₹33.77
- Expense
- 0.42%
- AUM
- ₹24.8 K Cr
- 1Y
- +6.5%
- 3Y
- +7.5%
- 5Y
- +6.5%
#2 of 2
Min SIP: ₹100Ideal: 3-12 monthsLow Risk
Nippon India Mutual Fund
Nippon India Arbitrage Fund - Direct Plan Growth Plan - Growth Option
3Y returns
7.6%
past performance*
5Y returns
6.6%
past performance*
0.32%Expense ratio
₹16.5K CrFund size
A licensed partner advisor will guide you — free, no PAN or bank details needed now.
*Past performance does not guarantee future returns. Returns are historical and subject to market risk.
NAV₹31.16
1D—
Expense0.32%
AUM₹16.5K Cr
Min SIP₹100
Min Lumpsum₹5,000
Trailing returns (CAGR)
| 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| +0.05% | +0.48% | +1.57% | +3.27% | +6.53% | +7.57% | +6.61% | +6.51% |
🎯 OnePaisa Verdict
6.5/ 10
AverageBreakdown
- Returns7/10
- Consistency6/10
- Risk3/10
- Cost9/10
- Size9/10
- Very low expense ratio (0.32%) — more of your money compounds for you
- Large, well-established fund (₹17K Cr AUM)
💡 Ratings are not guarantees. Past performance does not predict future results.
SIP Returns
Simulated ₹10,000/month systematic investment plan, computed from NAV history.
1 Year SIP
+6.90%
₹1.25 L value on ₹1.20 L invested
3 Year SIP
—
Not enough NAV history yet.
5 Year SIP
—
Not enough NAV history yet.
vs Category (Arbitrage)
This fund (1Y)
+6.53%
Rank #1 of 2
Category average (1Y)
+6.50%
Quartile Q2
Beats 50% of arbitrage funds on 1Y return.
Risk Analysis
- Std Deviation (1Y)0.81%Low
- Max Drawdown (1Y)-0.24%Low
- Sharpe Ratio (1Y)0.04Poor
- Sortino Ratio (1Y)0.04Poor
💡 Higher Sharpe = better risk-adjusted returns. Above 1.0 is good, above 2.0 is excellent. Drawdown is the worst peak-to-trough decline.
Calendar Year Returns
+4.36%
2025
+2.04%
2026
💰 What This Fund Costs You
Expense ratio: 0.32%
That is ₹320 per year on every ₹1 lakh invested.
10-year impact on ₹1 lakh (assuming 12% gross return)
Without this expense, ₹1 lakh would have grown to ₹3.11 L.
🎯 Is This Fund Right For You?
- Ideal horizon
- 3-12 months
- Minimum: 1 month
- Risk profile
- Low
- SIP recommended
- ➖ Lump sum preferred
- Lump sum
Exploits price difference between cash and futures markets. Near-zero market risk. Equity-taxation benefit on gains.
Suitable goals
- Tax-efficient parking (better than liquid for high-tax-bracket)
- Short-term surplus with equity taxation
Suitable for
- High-tax-bracket investors (30%+) with 3+ month horizon
- Those wanting liquid-fund-like safety with equity tax treatment
Not suitable for
- Those in 0-10% tax bracket (liquid fund is simpler)
- Very short-term (under 1 month) needs
🧾 Taxation
This is an Hybrid Fund (equity-taxed).
- Short-term (Less than 1 year)
- 20%
- Long-term (1 year or more)
- 12.5%
- LTCG exemption
- ₹1.25 lakh per financial year
- TDS
- No TDS for resident Indians
💡 Worked example
Invest ₹1,00,000 and gain ₹25,000 over 2 years:
- Tax type: LTCG (12.5% LTCG)
- Taxable gain: ₹0
- Tax owed: ₹0 (within exemption)
- You keep: ₹1,25,000
Aggressive Hybrid and Balanced Advantage funds with >65% equity allocation — taxed identically to equity funds.
🚨 Things to Watch
Poor risk-adjusted returns
Sharpe ratio of 0.04 means you’re not being adequately compensated for the risk taken.
📊 SIP Calculator — Nippon India Arbitrage Fund Growth Plan Option
Estimated corpus
₹3.56 L
- Total invested
- ₹3.00 L
- Estimated gain
- ₹56,326 (+19%)
▮ Invested▮ Gains
How it stacks up vs alternatives
- Fixed Deposit (7%)₹3.60 L
- Category average (7.5%)₹3.65 L
- This fund (6.61%)₹3.56 L
⚠️ Projection based on past CAGR. Actual returns may vary. Markets are subject to risk; past performance is not a guarantee of future results.
▶Show Advanced Analysis
📈 Risk vs Return
Return 6.5% · Risk (std dev) 0.8%
SweetGrowthSlowAvoidLow riskHigh risk
Safe but slow
Stable but modest returns — suits capital preservation.
Sharpe ratio of 0.04 confirms poor risk-adjusted returns.
🛡️ Downside Protection
If the broader market falls 20%, this fund is expected to fall about 0.3%.
Based on 1Y max drawdown of -0.2% versus a typical market correction of ~-15%. Historical fall ratio ≈ 0.02× market. Above-average protection.
⚠️ Estimate, not a guarantee. Actual market falls vary.
💸 Expense Impact (₹10K/month for 20 years at 12% gross)
- This fund — Direct (0.32%)₹95.69 L
- Index fund (0.10%)₹98.57 L
- Regular plan (~1.50%)₹81.76 L
Choosing this Direct plan over a Regular plan saves about ₹13.93 L. Index fund would still beat it by ₹2.88 L thanks to its lower expense ratio.
Fund information
- Scheme category
- Hybrid Scheme - Arbitrage Fund
- Inception
- 2013-01-01
- Lock-in
- None
- Exit load
- 0 - 15 Days : 0.25 %
- Plan
- Direct
- Option
- Growth
Data freshness
- NAV as of: 2026-10-22
- Metrics calculated: 2026-10-23
- Source: mfapi.in, AMFI India
NAV trend
See how a SIP grows in this fund
Use the SIP Calculator with this fund's historical CAGR to project a monthly investment.