Arbitrage FundDSP Asset Managers Private Limited

DSP Arbitrage Fund - Direct - Growth

Benchmark: Nifty 50 Arbitrage · Riskometer: Low

₹16.791

NAV (2026-08-31)

₹6,672.771 Cr

AUM (2026-08-31)

1.2%

EXPENSE RATIO (DIRECT)

2018-01-15

INCEPTION

DQuality · 46.3/100

?Safety · -/100

CCompound · 60/100

Punji Fund Health Score - percentile-within-category. See methodology.

CHART

Rolling CAGR by holding period - min, median, max

Each group is one holding-period length. Full range of outcomes across every overlapping window in the fund's history, not one trailing number.

Min rolling CAGRMedian rolling CAGRMax rolling CAGR

Category RankRisk MetricsHoldingsSimilar FundsPunji Analytics

Metric	Value	Percentile	Category median
3Y Rolling CAGR	5.7%	11.54^th	6.6%

Arbitrage funds target a small, steady spread rather than market returns, so beta and alpha against an equity index describe nothing useful.

CHART

Top sector holdings

Share of portfolio (% to NAV) in each of the top sectors.

Banks 18.45%Telecom - Services 5.99%Finance 5.08%Petroleum Products 4.77%Power 3.56%Ferrous Metals 3.22%Pharmaceuticals & Biotechnology 3.07%Diversified FMCG 2.55%Automobiles 2.36%Aerospace & Defense 1.93%Electrical Equipment 1.59%Consumer Durables 1.51%Cement & Cement Products 1.2%Construction 1.17%Realty 1.06%Transport Infrastructure 0.92%Insurance 0.88%Agricultural Food & other Products 0.81%Non - Ferrous Metals 0.81%Transport Services 0.76%Retailing 0.76%Metals & Minerals Trading 0.75%Minerals & Mining 0.53%Capital Markets 0.48%Industrial Products 0.47%Agricultural, Commercial & Construction Vehicles 0.47%Healthcare Services 0.35%Consumable Fuels 0.35%Personal Products 0.3%Beverages 0.27%Financial Technology (Fintech) 0.24%Gas 0.2%Oil 0.18%Fertilizers & Agrochemicals 0.17%IT - Software 0.16%Leisure Services 0.16%Auto Components 0.07%Industrial Manufacturing 0.06%Food Products 0.04%Chemicals & Petrochemicals 0.03%Other -35.74%Diversified Metals %

TOP HOLDINGS

DSP Savings Fund ()10.81%

Reliance Industries Ltd (Petroleum Products)4.6%

HDFC Bank Ltd (Banks)4.18%

Vodafone Idea Ltd (Telecom - Services)3.15%

TREPS / Reverse Repo Investments ()2.2%

ICICI Bank Ltd (Banks)2.12%

Axis Bank Ltd (Banks)1.99%

Bharti Airtel Ltd (Telecom - Services)1.83%

Kotak Mahindra Bank Ltd (Banks)1.7%

ITC Ltd (Diversified FMCG)1.69%

Arbitrage funds all target the same small, steady spread, so behaviour-based matching cannot separate them.