ArbitrageDirect and Regular plans, Growth and IDCW options
Data as on 30-10-2026
Capitalmind Arbitrage Fund is an Arbitrage fund run by Capitalmind Mutual Fund. On 30-09-2026, it managed ₹23 Cr of investors' money.
NAV on 30-10-2026: Direct Plan Growth ₹10.39 (up 0.24% that day); Regular Plan Growth ₹10.34 (up 0.24% that day).
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Period | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| This fund (Direct) | +0.66% | +1.51% | +3.07% | -- | -- | -- | -- |
| This fund (Regular) | +0.59% | +1.31% | +2.66% | -- | -- | -- | -- |
| Arbitrage average | +0.56% | +1.52% | +3.20% | -- | -- | -- | -- |
| Best in Arbitrage | +0.73% | +1.71% | +3.63% | -- | -- | -- | -- |
| Worst in Arbitrage | +0.45% | +1.28% | +2.60% | -- | -- | -- | -- |
| Rank in Arbitrage | 4/39 | 21/38 | 33/38 | -- | -- | -- | -- |
Category rows compare the Direct plans of 39 Arbitrage funds. Rank 1 is the highest return. This fund's benchmark is Nifty 50 Arbitrage TRI. Returns of that index are not available to us, so the category average is the comparison.
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 |
| Capitalmind Arbitrage Fund | -- | 23 | 1.18% | -- | -- | -- | -- | -- | -- |
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.
What each plan charges a year, in force from 19-10-2026
| Plan | Base expense ratio | Brokerage | Transaction costs | Levies and GST | Total expense ratio | Arbitrage median | Cost rank (1 = cheapest) |
|---|---|---|---|---|---|---|---|
| Direct | 0.18% | 0.12% | 0.07% | 0.81% | 1.18% | 1.45% | 11/39 |
| Regular | 0.86% | 0.12% | 0.07% | 0.91% | 1.96% | 2.08% | 11/38 |
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.
Asset allocation as on 30-09-2026
77.9%Equity
| Asset | Fund | Category |
|---|---|---|
| Equity | 77.9% | 71.6% |
| Cash and others | 21.4% | 19.5% |
| Debt | 0.7% | 9.0% |
| Market cap | Fund | Category |
|---|---|---|
| Large Cap | 52.5% | 54.0% |
| Mid Cap | 17.8% | 14.1% |
| Small Cap | 7.6% | 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.
Sector allocation of the fund's stocks as on 30-09-2026
Banks19.3%
Petroleum Products6.9%
Finance5.8%
IT - Software5.7%
Telecom - Services4.8%
Minerals & Mining4.7%
Construction3.5%
Ferrous Metals3.4%
Aerospace & Defense3.1%
Pharmaceuticals & Biotechnology2.7%
The ten largest of 26 sectors. The other 16 add up to 18.0%.
| Sector | July 2026 | August 2026 | September 2026 | Change |
|---|---|---|---|---|
| Banks | 18.5% | 18.2% | 19.3% | +0.8% |
| Petroleum Products | 3.3% | 3.1% | 6.9% | +3.6% |
| Finance | 7.9% | 7.5% | 5.8% | −2.1% |
| IT - Software | 5.5% | 6.4% | 5.7% | +0.2% |
| Telecom - Services | 8.7% | 8.7% | 4.8% | −3.9% |
Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.
As on 30-09-2026 · 50 holdings · from the fund house's monthly portfolio
| Holdings | Sector / Rating | Weight% | Holdings trend | 1M change |
|---|---|---|---|---|
| Capitalmind Liquid Fund - Direct-Growth | 14.84% | |||
| Canara Bank | Banks | 5.64% | 0.0% | |
| Reliance Industries Limited | Petroleum Products | 5.45% | +133.3% | |
| Coforge Limited | IT - Software | 5.45% | 0.0% | |
| NMDC Limited | Minerals & Mining | 4.74% | 0.0% | |
| ICICI Bank Limited | Banks | 4.45% | +83.3% | |
| Steel Authority of India Limited | Ferrous Metals | 3.36% | 0.0% | |
| Axis Bank Limited | Banks | 3.35% | 0.0% | |
| Bharti Airtel Limited | Telecom - Services | 2.92% | 0.0% | |
| Manappuram Finance Limited | Finance | 2.90% | 0.0% | |
| HDFC Bank Limited | Banks | 2.42% | 0.0% | |
| InterGlobe Aviation Limited | Transport Services | 2.29% | 0.0% | |
| Hindustan Aeronautics Limited | Aerospace & Defense | 2.14% | 0.0% | |
| Torrent Pharmaceuticals Limited | Pharmaceuticals & Biotechnology | 2.10% | New | |
| Pidilite Industries Limited | Chemicals & Petrochemicals | 1.92% | New | |
| Eicher Motors Limited | Automobiles | 1.88% | 0.0% | |
| GE Vernova T&D India Limited | Electrical Equipment | 1.84% | 0.0% | |
| NBCC (India) Limited | Construction | 1.78% | 0.0% | |
| Larsen & Toubro Limited | Construction | 1.73% | 0.0% | |
| Indian Oil Corporation Limited | Petroleum Products | 1.44% | +150.0% | |
| Indian Energy Exchange Limited | Capital Markets | 1.42% | 0.0% | |
| Hindustan Zinc Limited | Non - Ferrous Metals | 1.21% | 0.0% | |
| Bank of Baroda | Banks | 1.18% | 0.0% | |
| Adani Energy Solutions Limited | Power | 1.16% | New | |
| Indus Towers Limited | Telecom - Services | 1.11% | 0.0% | |
| Bharat Electronics Limited | Aerospace & Defense | 0.97% | 0.0% | |
| Life Insurance Corporation Of India | Insurance | 0.97% | New | |
| Bajaj Finance Limited | Finance | 0.94% | 0.0% | |
| State Bank of India | Banks | 0.94% | 0.0% | |
| Cholamandalam Investment and Finance Company Ltd | Finance | 0.89% | 0.0% | |
| Vodafone Idea Limited | Telecom - Services | 0.81% | −80.0% | |
| PB Fintech Limited | Financial Technology (Fintech) | 0.81% | New | |
| Punjab National Bank | Banks | 0.79% | 0.0% | |
| Fortis Healthcare Limited | Healthcare Services | 0.78% | 0.0% | |
| LIC Housing Finance Limited | Finance | 0.70% | 0.0% | |
| Tata Consumer Products Limited | Agricultural Food & other Products | 0.69% | 0.0% | |
| 364 Days Tbill (MD 25/12/2026) · Treasury bill | Sovereign | 0.65% | ||
| Bandhan Bank Limited | Banks | 0.56% | 0.0% | |
| Sun Pharmaceutical Industries Limited | Pharmaceuticals & Biotechnology | 0.56% | 0.0% | |
| HDFC Life Insurance Company Limited | Insurance | 0.50% | 0.0% | |
| Apollo Hospitals Enterprise Limited | Healthcare Services | 0.45% | 0.0% | |
| Cummins India Limited | Industrial Products | 0.42% | New | |
| Marico Limited | Agricultural Food & other Products | 0.41% | 0.0% | |
| ITC Limited | Diversified FMCG | 0.40% | 0.0% | |
| Shriram Finance Limited | Finance | 0.35% | −75.0% | |
| Varun Beverages Limited | Beverages | 0.24% | New | |
| Godrej Properties Limited | Realty | 0.23% | 0.0% | |
| HCL Technologies Limited | IT - Software | 0.22% | 0.0% | |
| Suzlon Energy Limited | Electrical Equipment | 0.22% | New | |
| Crompton Greaves Consumer Electricals Limited | Consumer Durables | 0.20% | 0.0% |
All changes are between August 2026 and September 2026
| Reliance Industries Limited | Added | +133.3% | 5.45% |
|---|---|---|---|
| Vodafone Idea Limited | Reduced | −80.0% | 0.81% |
| ICICI Bank Limited | Added | +83.3% | 4.45% |
| Torrent Pharmaceuticals Limited | New | New | 2.10% |
| Pidilite Industries Limited | New | New | 1.92% |
| ICICI Prudential Life Insurance Company Limited | Sold out | −100% | was 1.88% |
| Adani Ports and Special Economic Zone Limited | Sold out | −100% | was 1.65% |
| Shriram Finance Limited | Reduced | −75.0% | 0.35% |
| Indian Oil Corporation Limited | Added | +150.0% | 1.44% |
| Adani Energy Solutions Limited | New | New | 1.16% |
| Rail Vikas Nigam Limited | Sold out | −100% | was 1.06% |
| Life Insurance Corporation Of India | New | New | 0.97% |
| PB Fintech Limited | New | New | 0.81% |
| Cummins India Limited | New | New | 0.42% |
| Dabur India Limited | Sold out | −100% | was 0.42% |
| Grasim Industries Limited | Sold out | −100% | was 0.37% |
| 360 One WAM Limited | Sold out | −100% | was 0.26% |
| Varun Beverages Limited | New | New | 0.24% |
| Suzlon Energy Limited | New | New | 0.22% |
No stocks in this group for September 2026.
A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.
Funds with the most similar portfolios, across every fund house and category
| Fund | Overlap | Holdings in common | |
|---|---|---|---|
| TRUSTMF Arbitrage FundArbitrage · Trust | 37.2% | 29 | Compare |
| Bajaj Finserv Arbitrage FundArbitrage · Bajaj Finserv | 35.9% | 44 | Compare |
| Parag Parikh Arbitrage FundArbitrage · PPFAS | 35.8% | 33 | Compare |
| HSBC Arbitrage FundArbitrage · HSBC | 34.0% | 47 | Compare |
| SBI Arbitrage FundArbitrage · SBI | 33.4% | 48 | Compare |
| JM Arbitrage FundArbitrage · JM Financial | 33.4% | 43 | Compare |
| HDFC Arbitrage FundArbitrage · HDFC | 33.1% | 48 | Compare |
| Aditya Birla Sun Life Msci India ETFETF · Aditya Birla Sun Life | 32.8% | 38 | 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.
Fund facts from the scheme summary document, as on 16-10-2026
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
| Plan | Option | NAV | As on |
|---|---|---|---|
| direct | Growth | ₹10.3913 | 30-10-2026 |
| direct | IDCW | ₹10.3914 | 30-10-2026 |
| regular | Growth | ₹10.3401 | 30-10-2026 |
| regular | IDCW | ₹10.3403 | 30-10-2026 |
Capitalmind Arbitrage Fund is a mutual fund from Capitalmind Mutual Fund. Its category is Arbitrage. It was launched on 16-03-2026. Its benchmark is Nifty 50 Arbitrage TRI. At the end of September 2026 it held 50 securities.
Prateek Jain
Fund manager of Capitalmind Arbitrage Fund, since 23-02-2026
Anoop Vijaykumar
Fund manager of Capitalmind Arbitrage Fund, since 23-02-2026
See all funds of Capitalmind Mutual Fund
AUM moves with money invested or taken out, and with the value of what the fund holds.
Returns, risk, costs and the stocks they share, side by side
The Direct plan NAV is ₹10.3913. The Regular plan NAV is ₹10.3401, as on 30-10-2026.
The Direct plan charges 1.18% a year. The Regular plan charges 1.96% a year. This is the figure the fund house reported to AMFI, in force from 19-10-2026.
Capitalmind Arbitrage Fund managed ₹22.87 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
At the end of September 2026 the largest holdings were Capitalmind Liquid Fund - Direct-Growth (14.84%), CANBK (5.64%), RELIANCE (5.45%), COFORGE (5.45%), NMDC (4.74%). The fund held 50 securities in all.
It bought 8 new stocks: Suzlon Energy Limited, Life Insurance Corporation Of India, Varun Beverages Limited, Cummins India Limited, Pidilite Industries Limited. It sold out of 6: Dabur India Limited, Grasim Industries Limited, Rail Vikas Nigam Limited, 360 One WAM Limited, ICICI Prudential Life Insurance Company Limited. It added shares in 3. It reduced 2.
Through Capitalmind 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 ₹5,000. You can invest once or through a monthly SIP.
Prateek Jain (since 23-02-2026), Anoop Vijaykumar (since 23-02-2026).
Exit load of 0.25%, if redeemed within 15 days
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.
Track Capitalmind Arbitrage Fund in WealthGamma
Add this fund once. WealthGamma updates its value every day and shows it next to your stocks, gold, deposits and loans.
PAN not required · No broker linking · No OTPs