Arbitrage FundTata Asset Management Limited

Tata Arbitrage Fund-Direct Plan-Growth

Benchmark: Nifty 50 Arbitrage · Riskometer: Low

₹16.2929

NAV (2026-08-31)

₹24,949.63 Cr

AUM (2026-08-31)

1.71%

EXPENSE RATIO (DIRECT)

2018-12-10

INCEPTION

CQuality · 56.6/100

?Safety · -/100

CCompound · 64.4/100

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	6.2%	34.62^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.

Other 33.58%Banks 17.84%Power 4.92%Finance 4.77%Telecom - Services 4.63%Petroleum Products 3.18%Ferrous Metals 2.85%Pharmaceuticals & Biotechnology 2.67%Automobiles 2.56%Diversified FMCG 1.93%Insurance 1.91%Aerospace & Defense 1.81%Capital Markets 1.6%Electrical Equipment 1.51%Non - Ferrous Metals 1.28%Financial Technology (Fintech) 0.9%Realty 0.86%Personal Products 0.86%Cement & Cement Products 0.83%Consumable Fuels 0.8%Transport Infrastructure 0.79%Industrial Products 0.72%Chemicals & Petrochemicals 0.67%Agricultural Food & other Products 0.62%Minerals & Mining 0.59%Agricultural, Commercial & Construction Vehicles 0.58%Metals & Minerals Trading 0.54%Construction 0.54%Healthcare Services 0.53%Beverages 0.52%Oil 0.49%Consumer Durables 0.44%Transport Services 0.39%Gas 0.33%Leisure Services 0.28%Auto Components 0.27%Retailing 0.21%Fertilizers & Agrochemicals 0.13%IT - Software 0.04%Diversified Metals 0.02%Food Products 0.01%

TOP HOLDINGS

TATA MONEY MARKET FUND ()11.82%

HDFC BANK LTD (Banks)5.59%

AXIS BANK LTD (Banks)2.43%

RELIANCE INDUSTRIES LTD (Petroleum Products)2.11%

BHARTI AIRTEL LTD (Telecom - Services)2.08%

** - SMALL INDUST DEVLOP BANK OF INDIA - CD - 23/10/2026 ()1.99%

JIO FINANCIAL SERVICES LTD (Finance)1.58%

KOTAK MAHINDRA BANK LTD (Banks)1.51%

HINDUSTAN UNILEVER LTD (Diversified FMCG)1.48%

** - NABARD - CD - 28/01/2027 ()1.47%

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