Bandhan Arbitrage Fund

ArbitrageDirect and Regular plans, Growth and IDCW options

Data as on 30-10-2026

Bandhan Arbitrage Fund is an Arbitrage fund run by Bandhan Mutual Fund. On 31-08-2026, it managed ₹7,796 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 7.3% a year and its Regular plan returned 6.5% a year.

NAV (Direct plan): ₹38.12; ▲ 0.17%30-10-2026
NAV (Regular plan): ₹34.89; ▲ 0.17%30-10-2026
Expense ratio: 1.63%Direct2.35%Regular; 1.63%; A year
Riskometer: Low; Set by the fund house
3 year return: 7.3%Direct6.5%Regular; 7.3%; A year

Bandhan Arbitrage Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹38.12 (up 0.17% that day); Regular Plan Growth ₹34.89 (up 0.17% that day).

This fund (Direct plan)

₹38.1219

Bandhan Arbitrage Fund Returns vs Arbitrage Funds

Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	+0.53%	+1.49%	+3.16%	+6.48%	+7.27%	+6.78%	+6.33%
This fund (Regular)	+0.47%	+1.31%	+2.79%	+5.71%	+6.50%	+6.03%	+5.60%
Arbitrage average	+0.56%	+1.52%	+3.20%	+6.62%	+7.18%	+6.68%	+6.31%
Best in Arbitrage	+0.73%	+1.71%	+3.63%	+7.56%	+7.46%	+7.14%	+6.52%
Worst in Arbitrage	+0.45%	+1.28%	+2.60%	+5.24%	+6.42%	+5.89%	+5.63%
Rank in Arbitrage	23/39	26/38	25/38	25/33	10/25	10/20	7/12

Category rows compare the Direct plans of 39 Arbitrage funds. Rank 1 is the highest return. This fund's benchmark is Nifty 50 Arbitrage Index. Returns of that index are not available to us, so the category average is the comparison.

Bandhan Arbitrage Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular
2026to date	+5.28%	+4.65%
2025	+7.02%	+6.24%
2024	+8.31%	+7.53%
2023	+7.86%	+7.13%
2022	+4.83%	+4.11%
2021	+4.24%	+3.55%

Bandhan Arbitrage Fund Rolling Returns

The return of every holding period in the fund's history, not only the one that ends today

Rolling returns

Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 2,665 periods, one for each trading day from 18-01-2016 to 30-10-2026.

0%2%4%6%8%10%

Nov 2013
to
Nov 2016Sept 2015
to
Sept 2018Jul 2017
to
Jul 2020May 2019
to
May 2022Mar 2021
to
Mar 2024Dec 2022
to
Dec 2025

Bandhan Arbitrage Fund (Direct)Category average, 39 Arbitrage funds

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	3,152	6.9%	3.5%	10.3%	0%	6.8%	68%
2 years	2,910	6.8%	3.8%	9.5%	0%	6.7%	78%
3 years	2,665	6.8%	4.4%	8.8%	0%	6.7%	83%
5 years	2,171	6.2%	5.4%	8.0%	0%	6.1%	99%
7 years	1,682	6.2%	5.8%	7.7%	0%	6.0%	100%
10 years	939	6.5%	6.3%	6.7%	0%	6.4%	100%

Every SIP holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	154	6.9%	3.7%	10.2%	0%	6.8%	68%
2 years	142	6.8%	4.0%	9.3%	0%	6.7%	73%
3 years	130	6.8%	4.1%	8.4%	0%	6.7%	80%
5 years	106	6.7%	4.8%	7.3%	0%	6.5%	92%
7 years	82	6.2%	5.3%	7.1%	0%	6.1%	100%
10 years	46	6.3%	5.9%	6.6%	0%	6.2%	100%

Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat category" counts the periods in which the fund did better than the average of the 39 Arbitrage funds (Direct plans, each weighted the same) over the same days. Past returns do not promise future returns.

Bandhan Arbitrage Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	Bandhan Arbitrage Fund (Direct)This fund	Category average
Return (CAGR)	+6.48%	+6.61%
Standard deviation	1.33%	1.35%
Sharpe ratio	0.93	1.01
Sortino ratio	1.41	1.54
Maximum drawdown	−0.42% (06-08-2026)	−0.45% (06-08-2026)

From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	Bandhan Arbitrage Fund (Direct)This fund	Category average
Return (CAGR)	+7.27%	+7.18%
Standard deviation	1.06%	1.07%
Sharpe ratio	1.17	1.08
Sortino ratio	1.80	1.65
Maximum drawdown	−0.42% (06-08-2026)	−0.45% (06-08-2026)

From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	Bandhan Arbitrage Fund (Direct)This fund	Category average
Return (CAGR)	+6.78%	+6.65%
Standard deviation	0.98%	0.98%
Sharpe ratio	1.01	0.87
Sortino ratio	1.53	1.32
Maximum drawdown	−0.42% (06-08-2026)	−0.45% (06-08-2026)

From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	Bandhan Arbitrage Fund (Direct)This fund	Category average
Return (CAGR)	+6.33%	+6.20%
Standard deviation	0.99%	0.97%
Sharpe ratio	0.94	0.83
Sortino ratio	1.41	1.23
Maximum drawdown	−0.75% (25-03-2020)	−0.53% (03-06-2020)

From daily NAVs, 28-10-2016 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	Bandhan Arbitrage Fund (Direct)This fund	Category average
Return (CAGR)	+6.91%	+6.82%
Standard deviation	0.99%	0.98%
Sharpe ratio	0.88	0.80
Sortino ratio	1.31	1.18
Maximum drawdown	−0.75% (25-03-2020)	−0.53% (03-06-2020)

From daily NAVs, 17-01-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Drawdowns

How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.

−0.8%−0.6%−0.4%−0.2%0%

2014201620182020202220242026

Bandhan Arbitrage Fund (Direct)Category average, 39 Arbitrage funds

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
Bandhan Arbitrage Fund (Direct)	−0.75%	16-03-2020	25-03-2020	20-04-2020	26 days	−0.03%
Category average	−0.53%	29-05-2020	03-06-2020	14-08-2020	2 months	−0.04%

From the Direct plan's daily NAV since 17-01-2013, adjusted for unit splits, and the average of the 39 Arbitrage funds (Direct plans, each weighted the same) over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

Bandhan Arbitrage Fund vs Other Arbitrage Funds

The five Arbitrage funds with the best three year return, and this fund. Direct plans.

Fund name	Rank	AUM (Cr)	Exp. ratio	1Y return	3Y return	3Y alpha	3Y beta	3Y Sharpe	3Y Sortino
Invesco India Arbitrage Fund	1/25	30,396	2.20%	+6.88%	+7.46%	--	--	1.32	2.01	Compare
Kotak Arbitrage Fund	2/25	75,275	2.31%	+6.75%	+7.43%	--	--	1.28	1.96	Compare
Tata Arbitrage Fund	2/25	24,539	1.57%	+6.77%	+7.43%	--	--	1.39	2.16	Compare
Aditya Birla Sun Life Arbitrage Fund	4/25	26,933	1.23%	+6.75%	+7.40%	--	--	1.29	2.00	Compare
Edelweiss Arbitrage Fund	5/25	14,250	1.53%	+6.66%	+7.37%	--	--	1.27	1.98	Compare
Bandhan Arbitrage Fund	10/25	7,796	1.63%	+6.48%	+7.27%	--	--	1.17	1.80

AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.

Bandhan Arbitrage Fund Expense Ratio and Costs

What each plan charges a year, in force from 01-10-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio	Arbitrage median	Cost rank (1 = cheapest)
Direct	0.29%	0.14%	0.05%	1.15%	1.63%	1.45%	29/39
Regular	0.91%	0.14%	0.05%	1.25%	2.35%	2.08%	30/38

The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Arbitrage funds' plans of the same type are sorted from the lowest total expense ratio to the highest.

Direct vs Regular: what the gap cost

Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

Over the last	Regular	Direct	Direct earned more by	₹1 lakh became (Regular)	₹1 lakh became (Direct)
1 year	5.71%	6.48%	0.77%	₹1,05,710	₹1,06,480
3 years	6.50%	7.27%	0.77% a year	₹1,20,795	₹1,23,434
5 years	6.03%	6.78%	0.75% a year	₹1,34,012	₹1,38,819
10 years	5.60%	6.33%	0.73% a year	₹1,72,440	₹1,84,739

Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

Bandhan Arbitrage Fund SIP Calculator

What a one-time or monthly investment in this fund would be worth today, from its own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 17-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planBandhan Arbitrage Fund (Direct)	₹16,60,000	₹26,62,111	₹10,02,111	6.5%
Regular planBandhan Arbitrage Fund (Regular)	₹16,60,000	₹25,21,429	₹8,61,429	5.8%
Category averageCategory average, 39 Arbitrage funds	₹16,60,000	₹26,40,536	₹9,80,536	6.4%

₹0₹10.0 L₹20.0 L₹30.0 L

2014201620182020202220242026

Direct planBandhan Arbitrage Fund (Direct)Regular planBandhan Arbitrage Fund (Regular)Category averageCategory average, 39 Arbitrage fundsAmount invested

From each plan's published NAV (Growth option) and the category average, over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.

Bandhan Arbitrage Fund Asset Allocation

Asset allocation as on 31-08-2026

What the fund holds

72.8%Equity

Asset	Fund	Category
Equity	72.8%	71.6%
Cash and others	27.1%	19.5%
Debt	0.1%	9.0%

Market cap of stocks

Market cap	Fund	Category
Large Cap	53.8%	54.0%
Mid Cap	15.5%	14.1%
Small Cap	3.4%	3.5%

Share of the whole fund. Category: the average of the Arbitrage funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.

Bandhan Arbitrage Fund Sector Allocation

Sector allocation of the fund's stocks as on 31-08-2026

Largest sectors

Banks19.2%
Telecom - Services5.3%
Finance4.3%
Ferrous Metals3.7%
Pharmaceuticals & Biotechnology3.6%
Insurance3.1%
Petroleum Products3.0%
Electrical Equipment2.5%
Power2.5%
Capital Markets1.8%

The ten largest of 41 sectors. The other 31 add up to 23.8%.

Bandhan Arbitrage Fund Portfolio Holdings

As on 31-08-2026 · 164 holdings · from the fund house's monthly portfolio

Holdings	Sector / Rating	Weight%
Bandhan Money Market Fund -Direct Plan-Growth		13.36%
Bandhan Ultra Short to Short Term Fund-DR GR		8.85%
HDFC Bank Limited	Banks	4.76%
Bandhan Ultra Short Term Fund - DR Plan GR		3.59%
Vodafone Idea Limited	Telecom - Services	2.94%
Axis Bank Limited	Banks	2.41%
ICICI Bank Limited	Banks	2.30%
Reliance Industries Limited	Petroleum Products	2.11%
Kotak Mahindra Bank Limited	Banks	1.72%
State Bank of India	Banks	1.66%
Bharti Airtel Limited	Telecom - Services	1.63%
Larsen & Toubro Limited	Construction	1.55%
Adani Enterprises Limited	Metals & Minerals Trading	1.46%
Jio Financial Services Limited	Finance	1.43%
Canara Bank	Banks	1.31%
JSW Steel Limited	Ferrous Metals	1.18%
Glenmark Pharmaceuticals Limited	Pharmaceuticals & Biotechnology	1.11%
Punjab National Bank	Banks	1.10%
Bharat Heavy Electricals Limited	Electrical Equipment	1.09%
Life Insurance Corporation Of India	Insurance	1.07%
Steel Authority of India Limited	Ferrous Metals	1.03%
Adani Ports and Special Economic Zone Limited	Transport Infrastructure	1.02%
Tata Steel Limited	Ferrous Metals	0.91%
Coal India Limited	Consumable Fuels	0.91%
Max Financial Services Limited	Insurance	0.89%
HDFC Life Insurance Company Limited	Insurance	0.83%
Hindustan Unilever Limited	Diversified FMCG	0.79%
HDFC Asset Management Company Limited	Capital Markets	0.77%
Muthoot Finance Limited	Finance	0.74%
The Indian Hotels Company Limited	Leisure Services	0.72%
Indus Towers Limited	Telecom - Services	0.71%
Samvardhana Motherson International Limited	Auto Components	0.71%
IDFC First Bank Limited	Banks	0.69%
Cummins India Limited	Industrial Products	0.68%
Tech Mahindra Limited	IT - Software	0.67%
Crompton Greaves Consumer Electricals Limited	Consumer Durables	0.66%
Adani Power Limited	Power	0.66%
Adani Energy Solutions Limited	Power	0.66%
Varun Beverages Limited	Beverages	0.62%
Jindal Steel Limited	Ferrous Metals	0.61%
Bharat Electronics Limited	Aerospace & Defense	0.60%
Ambuja Cements Limited	Cement & Cement Products	0.59%
Union Bank of India	Banks	0.59%
Torrent Pharmaceuticals Limited	Pharmaceuticals & Biotechnology	0.58%
Bank of Baroda	Banks	0.56%
APL Apollo Tubes Limited	Industrial Products	0.56%
DLF Limited	Realty	0.55%
Ashok Leyland Limited	Agricultural, Commercial & Construction Vehicles	0.54%
Hindalco Industries Limited	Non - Ferrous Metals	0.53%
Hitachi Energy India Limited	Electrical Equipment	0.53%
Divi's Laboratories Limited	Pharmaceuticals & Biotechnology	0.53%
AU Small Finance Bank Limited	Banks	0.53%
LIC Housing Finance Limited	Finance	0.52%
Biocon Limited	Pharmaceuticals & Biotechnology	0.52%
Fortis Healthcare Limited	Healthcare Services	0.51%
NMDC Limited	Minerals & Mining	0.50%
Hindustan Aeronautics Limited	Aerospace & Defense	0.49%
Indian Oil Corporation Limited	Petroleum Products	0.49%
Yes Bank Limited	Banks	0.47%
Bank of India	Banks	0.46%
Manappuram Finance Limited	Finance	0.46%
The Federal Bank Limited	Banks	0.45%
Indian Energy Exchange Limited	Capital Markets	0.43%
Container Corporation of India Limited	Transport Services	0.43%
Kalyan Jewellers India Limited	Consumer Durables	0.43%
GE Vernova T&D India Limited	Electrical Equipment	0.39%
Bharat Petroleum Corporation Limited	Petroleum Products	0.38%
ITC Limited	Diversified FMCG	0.38%
Tata Consultancy Services Limited	IT - Software	0.38%
NTPC Limited	Power	0.38%
Grasim Industries Limited	Cement & Cement Products	0.37%
Tata Power Company Limited	Power	0.37%
Marico Limited	Agricultural Food & other Products	0.36%
UPL Limited	Fertilizers & Agrochemicals	0.36%
Infosys Limited	IT - Software	0.34%
Eicher Motors Limited	Automobiles	0.34%
Adani Green Energy Limited	Power	0.34%
Dabur India Limited	Personal Products	0.33%
Cholamandalam Investment and Finance Company Ltd	Finance	0.33%
Lupin Limited	Pharmaceuticals & Biotechnology	0.33%
Bharat Forge Limited	Auto Components	0.33%
Bajaj Finance Limited	Finance	0.30%
Central Depository Services (India) Limited	Capital Markets	0.30%
Sun Pharmaceutical Industries Limited	Pharmaceuticals & Biotechnology	0.28%
Hero MotoCorp Limited	Automobiles	0.28%
Hindustan Zinc Limited	Non - Ferrous Metals	0.28%
SRF Limited	Chemicals & Petrochemicals	0.28%
Godrej Properties Limited	Realty	0.27%
Suzlon Energy Limited	Electrical Equipment	0.26%
Tata Motors Passenger Vehicles Limited	Automobiles	0.26%
ICICI Lombard General Insurance Company Limited	Insurance	0.25%
One 97 Communications Limited	Financial Technology (Fintech)	0.24%
Inox Wind Limited	Electrical Equipment	0.23%
Apollo Hospitals Enterprise Limited	Healthcare Services	0.23%
Maruti Suzuki India Limited	Automobiles	0.23%
Tata Consumer Products Limited	Agricultural Food & other Products	0.22%
Amber Enterprises India Limited	Consumer Durables	0.22%
Patanjali Foods Limited	Agricultural Food & other Products	0.22%
Power Finance Corporation Limited	Finance	0.20%
UltraTech Cement Limited	Cement & Cement Products	0.18%
PG Electroplast Limited	Consumer Durables	0.16%
Cochin Shipyard Limited	Industrial Manufacturing	0.16%
Multi Commodity Exchange of India Limited	Capital Markets	0.16%
Mazagon Dock Shipbuilders Limited	Industrial Manufacturing	0.15%
Delhivery Limited	Transport Services	0.14%
HDFC Bank Limited · Certificate of deposit	CARE A1+	0.13%
Aditya Birla Capital Limited	Finance	0.13%
GMR Airports Limited	Transport Infrastructure	0.13%
Vedanta Limited	Diversified Metals	0.11%
Solar Industries India Limited	Chemicals & Petrochemicals	0.11%
Alkem Laboratories Limited	Pharmaceuticals & Biotechnology	0.10%
RBL Bank Limited	Banks	0.10%
Sagility Limited	IT - Services	0.09%
Voltas Limited	Consumer Durables	0.09%
Tube Investments of India Limited	Auto Components	0.09%
JSW Energy Limited	Power	0.08%
Colgate Palmolive (India) Limited	Personal Products	0.08%
Godrej Consumer Products Limited	Personal Products	0.07%
Computer Age Management Services Limited	Capital Markets	0.07%
Mahindra & Mahindra Limited	Automobiles	0.06%
SBI Life Insurance Company Limited	Insurance	0.06%
GAIL (India) Limited	Gas	0.06%
The Phoenix Mills Limited	Realty	0.06%
Pidilite Industries Limited	Chemicals & Petrochemicals	0.06%
Aurobindo Pharma Limited	Pharmaceuticals & Biotechnology	0.06%
Bank of Maharashtra	Banks	0.06%
Bajaj Finserv Limited	Finance	0.06%
Asian Paints Limited	Consumer Durables	0.05%
Cipla Limited	Pharmaceuticals & Biotechnology	0.05%
National Aluminium Company Limited	Non - Ferrous Metals	0.05%
Oil & Natural Gas Corporation Limited	Oil	0.05%
Mankind Pharma Limited	Pharmaceuticals & Biotechnology	0.05%
Bosch Limited	Auto Components	0.04%
Polycab India Limited	Industrial Products	0.04%
TVS Motor Company Limited	Automobiles	0.04%
United Spirits Limited	Beverages	0.04%
Zydus Lifesciences Limited	Pharmaceuticals & Biotechnology	0.03%
Max Healthcare Institute Limited	Healthcare Services	0.03%
Hindustan Petroleum Corporation Limited	Petroleum Products	0.03%
PB Fintech Limited	Financial Technology (Fintech)	0.03%
PNB Housing Finance Limited	Finance	0.03%
Coforge Limited	IT - Software	0.03%
Shriram Finance Limited	Finance	0.03%
ICICI Prudential Life Insurance Company Limited	Insurance	0.03%
Bajaj Holdings & Investment Limited	Finance	0.02%
360 One WAM Limited	Capital Markets	0.02%
Info Edge (India) Limited	Retailing	0.02%
Power Grid Corporation of India Limited	Power	0.02%
Oracle Financial Services Software Limited	IT - Software	0.02%
Bajaj Auto Limited	Automobiles	0.02%
KPIT Technologies Limited	IT - Software	0.01%
Oberoi Realty Limited	Realty	0.01%
NBCC (India) Limited	Construction	0.01%
ABB India Limited	Electrical Equipment	0.01%
Supreme Industries Limited	Industrial Products	0.01%
Titan Company Limited	Consumer Durables	0.01%
UNO Minda Limited	Auto Components	0.01%
HCL Technologies Limited	IT - Software	0.01%
Motilal Oswal Financial Services Limited	Capital Markets	0.00%
Mphasis Limited	IT - Software	0.00%
Rail Vikas Nigam Limited	Construction	0.00%
Tata Elxsi Limited	IT - Software	0.00%
Prestige Estates Projects Limited	Realty	0.00%
Trent Limited	Retailing	0.00%

Bandhan Arbitrage Fund Stocks Bought and Sold

August 2026 is the first month we hold for this fund, so there is no earlier month to compare it with.

What Bandhan Arbitrage Fund bought and sold

Bandhan Arbitrage Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
SBI Arbitrage FundArbitrage · SBI	52.4%	157	Compare
Invesco India Arbitrage FundArbitrage · Invesco	50.5%	155	Compare
DSP Arbitrage fundArbitrage · DSP	49.7%	139	Compare
Nippon India Arbitrage FundArbitrage · Nippon India	48.9%	144	Compare
Axis Arbitrage FundArbitrage · Axis	48.8%	134	Compare
ICICI Prudential Arbitrage FundArbitrage · ICICI Prudential	48.7%	154	Compare
Aditya Birla Sun Life Arbitrage FundArbitrage · Aditya Birla Sun Life	48.1%	153	Compare
Edelweiss Arbitrage FundArbitrage · Edelweiss	47.2%	144	Compare

Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

Bandhan Arbitrage Fund Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 1.63%
Expense ratio (Regular): 2.35%
Category: Arbitrage
Risk: Low
Benchmark: Nifty 50 Arbitrage Index
Launch date: 21-12-2006
Minimum investment: ₹100
Minimum additional investment: ₹100
AUM: ₹7,796.15 Cr (31-08-2026)
Lock in: None
Scheme code (Direct): 118474
ISIN (Direct): INF194K01Y60
Scheme code (Regular): 108845
ISIN (Regular): INF194K01649
NAV history: From 17-01-2013, 13.8 years

Exit load: W.e.f 01-Jul-2016 Entry Load: Nil - Exit Load: 0.25% if redeemed / switched out within 1 month from the date of allotment, for all investments (including SIP/STP-in registered) from the effective date. Please refer the scheme information document / addend

Tax on Bandhan Arbitrage Fund returns

Bandhan Arbitrage Fund is taxed as an equity fund: 65% or more of it is in Indian stocks, counting its hedged positions.
Units sold within 1 year: the gain is taxed at 20%.
Units held longer: gains above ₹1.25 lakh in a financial year, across all your equity funds and shares, are taxed at 12.5%.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
direct	Growth	₹38.1219	30-10-2026
direct	Annual IDCW	₹12.8092	30-10-2026
direct	Monthly IDCW	₹10.7482	30-10-2026
regular	Growth	₹34.8864	30-10-2026
regular	Annual IDCW	₹11.0203	30-10-2026
regular	Monthly IDCW	₹10.6748	30-10-2026

About Bandhan Arbitrage Fund

Bandhan Arbitrage Fund is a mutual fund from Bandhan Mutual Fund. Its category is Arbitrage. It was launched on 21-12-2006. Its benchmark is Nifty 50 Arbitrage Index. At the end of August 2026 it held 164 securities.

Fund Manager

Kapil Kankonkar
Fund manager of Bandhan Arbitrage Fund, since 16-06-2025
Harshal Joshi
Fund manager of Bandhan Arbitrage Fund, since 20-10-2016
Ritika Behera
Fund manager of Bandhan Arbitrage Fund, since 16-06-2025
Gaurav Satra
Fund manager of Bandhan Arbitrage Fund, since 16-06-2025
Brijesh Shah
Fund manager of Bandhan Arbitrage Fund, since 16-06-2025

See all funds of Bandhan Mutual Fund

AUM change

August 2026: ₹7,796.15 Cr; First month on file

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare Bandhan Arbitrage Fund with Other Funds

Returns, risk, costs and the stocks they share, side by side

Bandhan Arbitrage vs Invesco India Arbitrage50.5% overlap
Bandhan Arbitrage vs Kotak ArbitrageArbitrage
Bandhan Arbitrage vs Tata ArbitrageArbitrage
Bandhan Arbitrage vs Aditya Birla Sun Life Arbitrage48.1% overlap
Bandhan Arbitrage vs Edelweiss Arbitrage47.2% overlap
Bandhan Arbitrage vs SBI Arbitrage52.4% overlap
Bandhan Arbitrage vs DSP Arbitrage fund49.7% overlap
Bandhan Arbitrage vs Nippon India Arbitrage48.9% overlap

Compare with any other fund

Frequently Asked Questions for Bandhan Arbitrage Fund

What is the current NAV of Bandhan Arbitrage Fund?

The Direct plan NAV is ₹38.1219. The Regular plan NAV is ₹34.8864, as on 30-10-2026.

What are the returns of Bandhan Arbitrage Fund?

The Direct plan returned +6.48% in 1 year, +7.27% a year over 3 years, +6.78% a year over 5 years. The Regular plan returned +5.71% in 1 year, +6.50% a year over 3 years, +6.03% a year over 5 years. These figures are as on 30-10-2026.

What is the expense ratio of Bandhan Arbitrage Fund?

The Direct plan charges 1.63% a year. The Regular plan charges 2.35% a year. This is the figure the fund house reported to AMFI, in force from 01-10-2026.

What is the AUM of Bandhan Arbitrage Fund?

Bandhan Arbitrage Fund managed ₹7,796.15 Cr on 31-08-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of Bandhan Arbitrage Fund?

At the end of August 2026 the largest holdings were Bandhan Money Market Fund -Direct Plan-Growth (13.36%), Bandhan Ultra Short to Short Term Fund-DR GR (8.85%), HDFCBANK (4.76%), Bandhan Ultra Short Term Fund - DR Plan GR (3.59%), IDEA (2.94%). The fund held 164 securities in all.

How do I invest in Bandhan Arbitrage Fund?

Through Bandhan Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹100. You can invest once or through a monthly SIP.

Who is the fund manager of Bandhan Arbitrage Fund?

Kapil Kankonkar (since 16-06-2025), Harshal Joshi (since 20-10-2016), Ritika Behera (since 16-06-2025), Gaurav Satra (since 16-06-2025), Brijesh Shah (since 16-06-2025).

What is the exit load of Bandhan Arbitrage Fund?

W.e.f 01-Jul-2016 Entry Load: Nil - Exit Load: 0.25% if redeemed / switched out within 1 month from the date of allotment, for all investments (including SIP/STP-in registered) from the effective date. Please refer the scheme information document / addend

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.

This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.