Arbitrage Fund

DSP Arbitrage fund

An open ended scheme investing in arbitrage opportunities

Official details checked 06 September 2026 · latest available AMFI NAV dated 04 Sep 2026
Reference NAV₹16.8090DSP Arbitrage fund - Direct Plan - Growth · NAV date 04 Sep 2026
RiskometerLowCan change monthly
Expense ratioRegular 1.81%, Direct 1.17%Official stated figure; verify current TER
Allotment / launch25-Feb-2018DSP Mutual Fund
Full official AMFI Scheme Summary Document available below.

Saved AMFI NAV is visible. Checking for the latest available AMFI report after page load · saved snapshot 04 Sep 2026.

Plain-language summary

A managed mix of asset classes or strategies

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.

Who may study it further

Investors who understand that the risk depends on the scheme's actual equity, debt and derivative mix.

Main risks to understand

Market, credit, interest-rate and allocation risk can operate together.

Not an income promise: The objective describes what the manager aims to do. It is not a guaranteed result, return or capital-protection statement.
Portfolio design

How the money may be invested

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% 3. ETCDs / Units of Mutual Fund (including Gold ETF & Silver ETF)^ : 0% - 35% ^Any other such security as may be permitted by SEBI/ RBI from time to time. 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% 3. ETCDs / Units of Mutual Fund (including Gold ETF & Silver ETF)^ : 0% - 35% ^Any other such security as may be permitted by SEBI/ RBI from time to time.For detailed asset allocation pattern, please refer to the Scheme Information Document

SEBI category
Arbitrage Fund
Fund type
An open ended scheme investing in arbitrage opportunities
Primary benchmark
Nifty 50 Arbitrage Index
Top holdings

Use the latest monthly portfolio

Top holdings are the largest securities currently owned by the scheme. Names and weights can change every month, so a copied list can become misleading. Open the AMC's current official portfolio or factsheet below and look for this exact fund name.

Live verificationDSP Arbitrage fundConfirm the reporting month, security name, sector and percentage of net assets.
Fund management

Manager and scheme tenure

Fund manager(s)
Ms. Kaivalya Nadkarni, Mr. Karan Mundhra
Manager tenure on this scheme
Since Ms. Kaivalya Nadkarni - 01/10/2024, Mr. Karan Mundhra - 01/08/2024
Role / co-management
Ms. Kaivalya Nadkarni - Comanage (Equity portion), Mr. Karan Mundhra - Comanage (Debt portion)

The tenure above is experience managing this scheme, not the manager's total career experience. For education, qualifications and prior roles, open the latest official AMC factsheet or manager profile below.

Plans and options

Latest NAV records

NAV is a per-unit accounting value. Compare returns, portfolio, risk and cost — never choose a fund only because its NAV looks low.

Plan / option reported by AMFINAVDate
DSP Arbitrage fund - Direct Plan - Growth₹16.809004 Sep 2026
DSP Arbitrage fund - Direct Plan - IDCW₹12.688004 Sep 2026
DSP Arbitrage fund - Direct Plan - Monthly IDCW₹13.242004 Sep 2026
DSP Arbitrage fund - Regular Plan - Growth₹15.933004 Sep 2026
DSP Arbitrage fund - Regular Plan - IDCW₹12.047004 Sep 2026
DSP Arbitrage fund - Regular Plan - Monthly IDCW₹11.837004 Sep 2026
Costs and access

What you pay and how money moves

Stated expense ratio
Regular 1.81%, Direct 1.17%
Exit load
Nil - If the units redeemed or switched-out are upto 10% of the units (the limit) purchased or switched within 15 days from the date of allotment, If units redeemed or switched out are in excess of the limit within 15 days from the date of allotment: 0.25%, Nil - If units are redeemed or switched out on or after 15 days from the date of allotment (as a % of Applicable NAV)
Minimum application
100 · multiples of 1
SIP frequency
SIP - Daily /Weekly /Monthly / Quarterly / Half-yearly / Yearly, SWP - Weekly / Monthly / Quarterly/ Half-yearly / Yearly, STP - Daily / Weekly / Monthly / Quarterly/ Half-yearly / Yearly
Minimum SIP amount
SIP, SWP, STP - Rs. 100/- for all frequencies
Minimum instalments
SIP - Minimum 12 installments for all frequencies, SWP & STP - Minimum 6 for all frequencies
Expense ratios change. Direct and regular plans normally have different expense ratios. Read the latest TER disclosure before investing.
Premium-free process

How a mutual-fund investment is paid

  1. Complete KYCIdentity, PAN, bank and contact verification are required.
  2. Choose route and optionUnderstand direct vs regular and growth vs IDCW before selecting.
  3. Choose SIP or lump sumSIP uses an automated mandate; lump sum is a one-time payment.
  4. Receive units at applicable NAVCut-off time, cleared funds and scheme rules determine the applicable NAV.
  5. Review, do not chaseTrack goal fit, risk, manager/mandate changes, costs and portfolio — not daily noise.
Original documents

Download and verify at source

The packaged Scheme Summary PDF is the official AMFI file, unchanged. Live AMC links are included for time-sensitive factsheets, top holdings and portfolios.

Source verification date: 06 September 2026. If a live document differs from this page, rely on the newer official document.

Need a human explanation?

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Educational support only — no promise of returns.

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