DSP Arbitrage Fund - Regular - Growth
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Delivered positive returns in 100% of 3-year investment horizons.
- Cost-efficient: expense ratio of 1.8% is lower than category median (2.12%).
- Equities carry market risk; returns fluctuate and recommended investment horizon is 5+ years.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +0.69% | +0.72% | -0.03% |
| 3 Months | +1.44% | +1.49% | -0.05% |
| 6 Months | +3.02% | +3.04% | -0.02% |
| 1 Year | +6.02% | +6.13% | -0.11% |
| 3 Years CAGR | +6.52% | +6.54% | -0.02% |
| 5 Years CAGR | +6.07% | +6.08% | -0.01% |
| 7 Years CAGR | +5.41% | +5.49% | -0.08% |
| Since Inception | +5.59% | - | - |
📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay
See how a regular monthly SIP in DSP Arbitrage Fund compares against a standard 7.0% p.a. Bank Fixed Deposit.
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +5.12% | +5.16% | -0.04% |
| 2025 | +6.20% | +6.23% | -0.03% |
| 2024 | +7.47% | +7.46% | +0.01% |
| 2023 | +7.11% | +7.05% | +0.06% |
| 2022 | +4.07% | +4.06% | +0.01% |
| 2021 | +3.42% | +3.55% | -0.13% |
| 2020 | +4.05% | +4.08% | -0.03% |
| 2019 | +6.41% | +6.07% | +0.34% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | +2.91% | +5.55% | +5.91% | +7.82% | 100.0% | - |
| 3-Year Rolling | +3.64% | +5.36% | +5.15% | +7.05% | 100.0% | - |
| 5-Year Rolling | +4.71% | +5.30% | +5.18% | +6.07% | 100.0% | - |
Risk Profile & Deepest Drawdowns
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Under normal circumstances, when arbitrage opportunities are available and accessible, the asset allocation of the Scheme will be as follows: Table 1: 1. Equity & Equity related instruments | 65% - 100% 2. Certificate of deposits (CDs) / Government securities with maturity upto 1 year (including Repo on G-sec/ TREPS) / Units of Liquid Fund (including Liquid ETFs) / Money Market Fund / Overnight Fund or Schemes having Macaulay Duration of less than 1 year: 0% - 35% When adequate arbitrage opportunities are not available in the Derivative and equity markets Table 2: 1. Equity & Equity related instruments : 0% - 65% 2. Certificate of deposits (CDs) / Government securities with maturity upto 1 year (including Repo on G-sec/ TREPS / Units of Liquid Fund (including Liquid ETFs) / Money Market Fund / Overnight Fund or Schemes having Macaulay Duration of less than 1 year : 35% - 100% For detailed asset allocation pattern, please refer to the Scheme Information Document |
Investment Objective & Strategy
The investment objective of the Scheme is to generate income through arbitrage opportunities between cash and derivative market and arbitrage opportunities within the derivative market. Investments may also be made in debt & money market instruments. However, there can be no assurance that the investment objective of the scheme will be achieved.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 6,701 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as comfortable relative to Arbitrage schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Arbitrage Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| HSBC Arbitrage Fund | 5.6 | +6.53% | 2.03% | - | Rs 3,803 cr | Compare → |
| Sundaram Arbitrage Fund Formerly Know as Principal Arbitrage Fund | 5.1 | +6.47% | 1.69% | - | Rs 576 cr | Compare → |
| ITI Arbitrage Fund | 4.8 | +6.54% | 1.77% | - | Rs 63.1 cr | Compare → |
| BANDHAN Arbitrage Fund | 3.5 | +6.53% | 2.31% | - | Rs 7,699 cr | Compare → |
| Mirae Asset Arbitrage Fund | 4.3 | +6.54% | 3.19% | - | Rs 3,802 cr | Compare → |
Frequently Asked Questions about DSP Arbitrage Fund
What is the expense ratio of DSP Arbitrage Fund?
DSP Arbitrage Fund has a total expense ratio (TER) of 1.8% with a base expense ratio of 0.82%, compared to the Arbitrage category median of 2.12%.
Who manages DSP Arbitrage Fund?
DSP Arbitrage Fund is managed by Kaivalya Nadkarni.
What are the historical returns of DSP Arbitrage Fund?
DSP Arbitrage Fund delivered a 3-year CAGR of 6.52% and a 5-year CAGR of 6.07%. Its 1-year return stands at +6.02%.
How large is DSP Arbitrage Fund?
DSP Arbitrage Fund manages assets of Rs 6,701 cr, placing it in the 'comfortable' size band relative to Arbitrage peers.
How is DSP Arbitrage Fund scored on MFIQ?
DSP Arbitrage Fund holds an MFIQ Score of 5.1/10 (Weak), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is DSP Arbitrage Fund?
DSP Arbitrage Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 1.10% with a maximum historical drawdown of -0.61%.