Invesco India Arbitrage Fund is an Arbitrage fund run by Invesco Mutual Fund. On 30-09-2026, it managed ₹30,396 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 7.5% a year and its Regular plan returned 6.7% a year.
NAV (Direct plan)
₹37.63
▲ 0.18% · 30-10-2026
NAV (Regular plan)
₹34.49
▲ 0.18% · 30-10-2026
Expense ratio
2.20%Direct2.87%Regular
2.20%
A year
Riskometer
Low
Set by the fund house
3 year return
7.5%Direct6.7%Regular
7.5%
A year
Invesco India Arbitrage Fund NAV Today
NAV on 30-10-2026: Direct Plan Growth ₹37.63 (up 0.18% that day); Regular Plan Growth ₹34.49 (up 0.18% that day).
This fund (Direct plan)
₹37.6341
Invesco India 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)
+0.63%
+1.62%
+3.40%
+6.88%
+7.46%
+7.14%
+6.46%
This fund (Regular)
+0.58%
+1.45%
+3.06%
+6.17%
+6.74%
+6.43%
+5.78%
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
5/39
5/38
3/38
5/33
1/25
1/20
3/12
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.
Invesco India Arbitrage Fund Year-wise Returns
Return of each calendar year
Year
Direct
Regular
2026to date
+5.60%
+5.02%
2025
+7.17%
+6.46%
2024
+8.32%
+7.59%
2023
+8.07%
+7.35%
2022
+5.85%
+5.13%
2021
+4.15%
+3.48%
Invesco India 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 2,666 periods, one for each trading day from 04-01-2016 to 30-10-2026.
0%2%4%6%8%10%
Invesco India Arbitrage Fund (Direct)
Category average, 39 Arbitrage funds
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
Invesco India Arbitrage Fund (Direct)Category average, 39 Arbitrage funds
0%
0%
Below 0%
5%
13%
0-5%
95%
87%
5-10%
0%
0%
10-15%
0%
0%
15-20%
0%
0%
20-25%
0%
0%
Above 25%
Every holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Category median
Beat category
1 year
3,154
6.8%
3.6%
9.4%
0%
6.8%
69%
2 years
2,912
6.7%
4.1%
9.2%
0%
6.7%
62%
3 years
2,666
6.6%
4.8%
8.6%
0%
6.7%
62%
5 years
2,173
6.3%
5.5%
7.8%
0%
6.1%
73%
7 years
1,684
6.4%
5.9%
7.5%
0%
6.0%
86%
10 years
941
6.6%
6.4%
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
6.8%
3.7%
9.4%
0%
6.8%
69%
2 years
142
6.7%
4.1%
9.2%
0%
6.7%
71%
3 years
130
6.7%
4.6%
8.3%
0%
6.7%
67%
5 years
106
6.6%
5.1%
7.5%
0%
6.5%
74%
7 years
82
6.3%
5.4%
7.1%
0%
6.0%
94%
10 years
46
6.5%
6.0%
6.7%
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.
Invesco India Arbitrage Fund Risk
How much it swings, and the falls an investor had to sit through
Risk and return
Measure
Invesco India Arbitrage Fund (Direct)This fund
Category average
Return (CAGR)
+6.88%
+6.61%
Standard deviation
1.35%
1.35%
Sharpe ratio
1.21
1.01
Sortino ratio
1.82
1.54
Maximum drawdown
−0.40%
(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
Invesco India Arbitrage Fund (Direct)This fund
Category average
Return (CAGR)
+7.46%
+7.18%
Standard deviation
1.09%
1.07%
Sharpe ratio
1.32
1.08
Sortino ratio
2.01
1.65
Maximum drawdown
−0.40%
(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
Invesco India Arbitrage Fund (Direct)This fund
Category average
Return (CAGR)
+7.14%
+6.65%
Standard deviation
1.00%
0.98%
Sharpe ratio
1.34
0.87
Sortino ratio
2.05
1.32
Maximum drawdown
−0.40%
(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
Invesco India Arbitrage Fund (Direct)This fund
Category average
Return (CAGR)
+6.46%
+6.20%
Standard deviation
1.00%
0.97%
Sharpe ratio
1.06
0.83
Sortino ratio
1.58
1.23
Maximum drawdown
−0.52%
(03-06-2020)
−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
Invesco India Arbitrage Fund (Direct)This fund
Category average
Return (CAGR)
+6.95%
+6.83%
Standard deviation
1.04%
0.98%
Sharpe ratio
0.87
0.80
Sortino ratio
1.29
1.19
Maximum drawdown
−0.52%
(03-06-2020)
−0.53%
(03-06-2020)
From daily NAVs, 02-01-2013 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.
−0.6%−0.5%−0.4%−0.3%−0.2%−0.1%0%
Invesco India Arbitrage Fund (Direct)
Category average, 39 Arbitrage funds
2014201620182020202220242026
Invesco India 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
Invesco India Arbitrage Fund (Direct)
−0.52%
29-05-2020
03-06-2020
30-06-2020
27 days
−0.01%
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 02-01-2013, 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.
Invesco India Arbitrage Fund vs Other Arbitrage Funds
The five Arbitrage funds with the best three year return, and this fund. Direct plans.
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.
Invesco India 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
0.34%
0.15%
0.07%
1.64%
2.20%
1.45%
35/39
Regular
0.91%
0.15%
0.07%
1.74%
2.87%
2.08%
34/38
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
6.17%
6.88%
0.71%
₹1,06,170
₹1,06,880
3 years
6.74%
7.46%
0.72% a year
₹1,21,613
₹1,24,091
5 years
6.43%
7.14%
0.71% a year
₹1,36,559
₹1,41,175
10 years
5.78%
6.46%
0.68% a year
₹1,75,402
₹1,87,010
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.
Invesco India 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
Step up each year
PeriodFor
₹10,000 on the first trading day of every month, from 02-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
Investment
Invested
Value now
Gain
Return a year
Direct planInvesco India Arbitrage Fund (Direct)
₹16,60,000
₹26,92,668
₹10,32,668
6.7%
Regular planInvesco India Arbitrage Fund (Regular)
Direct planInvesco India Arbitrage Fund (Direct)Regular planInvesco India 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.
Invesco India Arbitrage Fund Asset Allocation
Asset allocation as on 30-09-2026
What the fund holds
79.6%Equity
Asset
Fund
Category
Equity
79.6%
71.6%
Cash and others
14.6%
19.5%
Debt
5.8%
9.0%
Market cap of stocks
Market cap
Fund
Category
Large Cap
53.9%
54.0%
Mid Cap
20.6%
14.1%
Small Cap
5.0%
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.
Invesco India Arbitrage Fund Sector Allocation
Sector allocation of the fund's stocks as on 30-09-2026
Largest sectors
Banks23.3%
Finance6.1%
Telecom - Services5.1%
Petroleum Products4.4%
IT - Software3.6%
Pharmaceuticals & Biotechnology3.2%
Capital Markets3.2%
Power3.1%
Industrial Products3.1%
Ferrous Metals2.3%
The ten largest of 44 sectors. The other 34 add up to 22.1%.
Sector changes
Sector
July 2026
August 2026
September 2026
Change
Banks
21.0%
23.8%
23.3%
+2.3%
Finance
4.8%
5.6%
6.1%
+1.3%
Telecom - Services
5.9%
6.9%
5.1%
−0.8%
Petroleum Products
3.6%
3.7%
4.4%
+0.8%
IT - Software
1.3%
1.3%
3.6%
+2.3%
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.
Invesco India Arbitrage Fund Portfolio Holdings
As on 30-09-2026 · 210 holdings · from the fund house's monthly portfolio
Holdings
Sector / Rating
Weight%
Holdings trend
1M change
HDFC Bank Limited
Banks
5.58%
−7.7%
Invesco India Money Market Fund - Direct Plan - Growth
5.52%
Invesco India Liquid Fund - Direct Plan - Growth
5.22%
ICICI Bank Limited
Banks
4.55%
+45.3%
Reliance Industries Limited
Petroleum Products
3.48%
+45.4%
Axis Bank Limited
Banks
2.20%
−33.1%
Vodafone Idea Limited
Telecom - Services
2.20%
+0.3%
Bharti Airtel Limited
Telecom - Services
2.16%
−35.3%
Adani Power Limited
Power
2.11%
+58.2%
State Bank of India
Banks
1.99%
+77.7%
IDFC First Bank Limited
Banks
1.77%
−0.8%
Power Finance Corporation Limited
Finance
1.77%
+141.7%
APL Apollo Tubes Limited
Industrial Products
1.77%
+105.7%
Tata Steel Limited
Ferrous Metals
1.57%
+41.3%
Multi Commodity Exchange of India Limited
Capital Markets
1.55%
+5.0%
Canara Bank
Banks
1.52%
−10.7%
Coal India Limited
Consumable Fuels
1.47%
+14.3%
Jio Financial Services Limited
Finance
1.46%
−14.4%
Yes Bank Limited
Banks
1.38%
−5.3%
HDFC Bank Limited 2027 · Certificate of deposit
CARE A1+
1.28%
Ambuja Cements Limited
Cement & Cement Products
1.26%
−8.1%
Divi's Laboratories Limited
Pharmaceuticals & Biotechnology
1.08%
+260.8%
Punjab National Bank
Banks
1.03%
−20.6%
Infosys Limited
IT - Software
1.01%
+447.8%
Bank of Baroda 2027 · Certificate of deposit
CARE A1+
0.96%
Small Industries Dev Bank of India 2027 · Certificate of deposit
CRISIL A1+
0.96%
Varun Beverages Ltd
Beverages
0.80%
−3.9%
Hindustan Unilever Limited
Diversified FMCG
0.78%
+103.3%
The Federal Bank Limited
Banks
0.78%
+31.1%
Indus Towers Limited
Telecom - Services
0.77%
−22.8%
Cummins India Limited
Industrial Products
0.77%
+21.9%
NMDC Limited
Minerals & Mining
0.71%
+101.4%
Invesco India Ultra Short to Short Term Fund - Direct Plan - Growth
0.69%
Tata Consultancy Services Limited
IT - Software
0.67%
+441.7%
LIC Housing Finance Limited
Finance
0.64%
−2.8%
Biocon Limited
Pharmaceuticals & Biotechnology
0.64%
+4.3%
Small Industries Dev Bank of India 2027 · Certificate of deposit
CRISIL A1+
0.64%
ITC Limited
Diversified FMCG
0.61%
−25.6%
HCL Technologies Limited
IT - Software
0.61%
+1395.7%
The Indian Hotels Company Limited
Leisure Services
0.60%
+44.6%
Indian Oil Corporation Limited
Petroleum Products
0.60%
−28.8%
Container Corporation of India Limited
Transport Services
0.58%
−2.9%
GE Vernova T&D India Limited
Electrical Equipment
0.58%
−1.7%
Tata Motors Passenger Vehicles Limited
Automobiles
0.55%
+51.2%
Crompton Greaves Consumer Electricals Limited
Consumer Durables
0.55%
−0.1%
Manappuram Finance Limited
Finance
0.53%
−9.5%
Kotak Mahindra Bank Ltd
Banks
0.52%
−10.6%
PB Fintech Limited
Financial Technology (Fintech)
0.52%
+622.5%
Bank of Baroda
Banks
0.50%
+43.0%
Computer Age Management Services Limited
Capital Markets
0.50%
+21.8%
Patanjali Foods Limited
Agricultural Food & other Products
0.48%
+39.0%
Coforge Limited
IT - Software
0.46%
+144.9%
Godrej Properties Limited
Realty
0.45%
+57.2%
Life Insurance Corporation Of India
Insurance
0.43%
−41.9%
Torrent Pharmaceuticals Limited
Pharmaceuticals & Biotechnology
0.40%
+208.4%
PNB Housing Finance Limited
Finance
0.39%
+46.1%
Jindal Steel Limited
Ferrous Metals
0.39%
+21.2%
Marico Limited
Agricultural Food & other Products
0.38%
+72.7%
RBL Bank Limited
Banks
0.38%
+156.0%
Invesco India Ultra Short Term Fund - Direct Plan - Growth
0.38%
Maruti Suzuki India Limited
Automobiles
0.37%
+152.3%
Tata Consumer Products Limited
Agricultural Food & other Products
0.36%
+29.3%
Hindustan Zinc Limited
Non - Ferrous Metals
0.35%
−17.0%
Swiggy Limited
Retailing
0.34%
New
FSN E-Commerce Ventures Limited
Retailing
0.34%
−3.7%
Tech Mahindra Limited
IT - Software
0.34%
+11.6%
Bharat Forge Limited
Auto Components
0.33%
+66.8%
HDFC Bank Limited 2027 · Certificate of deposit
CARE A1+
0.32%
HDFC Asset Management Company Limited
Capital Markets
0.32%
+53.8%
Axis Bank Limited 2027
CRISIL A1+
0.32%
National Bank For Agriculture and Rural Development 2027 · Certificate of deposit
CRISIL A1+
0.32%
Bajaj Finance Ltd
Finance
0.32%
+29.9%
MphasiS Limited
IT - Software
0.32%
+196.5%
Adani Enterprises Limited
Metals & Minerals Trading
0.32%
+20.9%
Canara Bank 2027 · Certificate of deposit
CRISIL A1+
0.32%
Union Bank of India
Banks
0.32%
+5.2%
Fortis Healthcare Limited
Healthcare Services
0.31%
−20.2%
Delhivery Limited
Transport Services
0.31%
+338.7%
Bajaj Auto Limited
Automobiles
0.31%
+271.9%
Lupin Limited
Pharmaceuticals & Biotechnology
0.30%
−2.7%
Samvardhana Motherson International Limited
Auto Components
0.30%
+30.3%
Oberoi Realty Limited
Realty
0.29%
+1501.1%
BSE Limited
Capital Markets
0.29%
+2463.6%
Astral Limited
Industrial Products
0.28%
+1990.0%
Indian Energy Exchange Limited
Capital Markets
0.28%
−5.9%
Hindustan Aeronautics Limited
Aerospace & Defense
0.28%
−4.1%
PG Electroplast Limited
Consumer Durables
0.28%
−2.0%
UPL Limited
Fertilizers & Agrochemicals
0.27%
−28.3%
Bank of India
Banks
0.26%
−17.9%
Colgate Palmolive (India) Limited
Personal Products
0.25%
+83.3%
Bandhan Bank Limited
Banks
0.25%
+21.1%
Jubilant Foodworks Limited
Leisure Services
0.25%
+19.9%
Suzlon Energy Limited
Electrical Equipment
0.24%
+45.1%
Bharat Heavy Electricals Limited
Electrical Equipment
0.24%
+864.7%
NTPC Limited
Power
0.24%
−42.5%
Mahindra & Mahindra Limited
Automobiles
0.23%
+86.5%
TVS Motor Company Limited
Automobiles
0.23%
+63.9%
Info Edge India Ltd
Retailing
0.23%
+27.1%
Hindalco Industries Limited
Non - Ferrous Metals
0.22%
+15.6%
Steel Authority of India Limited
Ferrous Metals
0.22%
−62.6%
Shriram Finance Limited
Finance
0.22%
+147.6%
Hindustan Petroleum Corporation Limited
Petroleum Products
0.21%
+1.0%
Tata Power Company Limited
Power
0.21%
−6.7%
Bharat Electronics Limited
Aerospace & Defense
0.21%
−68.7%
Muthoot Finance Limited
Finance
0.21%
−39.3%
Adani Energy Solutions Limited
Power
0.21%
+87.6%
Ashok Leyland Limited
Agricultural, Commercial & Construction Vehicles
0.20%
−12.6%
One 97 Communications Limited
Financial Technology (Fintech)
0.20%
−17.1%
Eicher Motors Limited
Automobiles
0.19%
+10.2%
Alkem Laboratories Limited
Pharmaceuticals & Biotechnology
0.19%
+71.1%
Central Depository Services (India) Limited
Capital Markets
0.19%
+77.3%
Laurus Labs Limited
Pharmaceuticals & Biotechnology
0.19%
New
AU Small Finance Bank Limited
Banks
0.19%
−59.1%
Asian Paints Limited
Consumer Durables
0.18%
−49.9%
JSW Energy Limited
Power
0.18%
+87.1%
Vedanta Limited
Diversified Metals
0.18%
−51.5%
Voltas Limited
Consumer Durables
0.18%
−9.0%
ICICI Lombard General Insurance Company Limited
Insurance
0.18%
+18.5%
HDFC Life Insurance Company Limited
Insurance
0.18%
−53.9%
Glenmark Pharmaceuticals Limited
Pharmaceuticals & Biotechnology
0.18%
−70.1%
Aditya Birla Capital Limited
Finance
0.17%
+58.4%
182 Days Tbill (MD 14/01/2027) · Treasury bill
SOVEREIGN
0.16%
Axis Bank Limited 2027
CRISIL A1+
0.16%
Oil India Limited
Oil
0.16%
+96.4%
Aurobindo Pharma Limited
Pharmaceuticals & Biotechnology
0.16%
+200.6%
Canara Bank 2027 · Certificate of deposit
CRISIL A1+
0.16%
InterGlobe Aviation Limited
Transport Services
0.16%
+147.7%
Union Bank of India 2027 · Certificate of deposit
ICRA A1+
0.16%
KEI Industries Limited
Industrial Products
0.15%
New
Inox Wind Limited
Electrical Equipment
0.14%
+2.6%
Titan Company Limited
Consumer Durables
0.14%
+859.3%
Sagility Limited
IT - Services
0.13%
+879.0%
Cholamandalam Investment and Finance Company Limited
Finance
0.13%
−50.3%
The Phoenix Mills Limited
Realty
0.13%
−50.8%
Nestle India Limited
Food Products
0.13%
+443.0%
Radico Khaitan Limited
Beverages
0.13%
+134.2%
Larsen & Toubro Limited
Construction
0.12%
−48.4%
Bharat Petroleum Corporation Limited
Petroleum Products
0.12%
+56.0%
GAIL (India) Limited
Gas
0.12%
+90.7%
Supreme Industries Limited
Industrial Products
0.12%
+78.6%
Pidilite Industries Limited
Chemicals & Petrochemicals
0.12%
−37.9%
Kalyan Jewellers India Limited
Consumer Durables
0.11%
+174.7%
Adani Green Energy Limited
Power
0.11%
−78.8%
SBI Cards and Payment Services Limited
Finance
0.10%
+50.2%
Hitachi Energy India Limited
Electrical Equipment
0.10%
−86.7%
KPIT Technologies Limited
IT - Software
0.09%
−59.0%
NBCC (India) Limited
Construction
0.09%
+27.2%
Bajaj Holdings & Investment Limited
Finance
0.09%
−22.5%
National Aluminium Company Limited
Non - Ferrous Metals
0.09%
−34.0%
Oil & Natural Gas Corporation Limited
Oil
0.09%
−31.1%
Bosch Limited
Auto Components
0.09%
−47.2%
SRF Limited
Chemicals & Petrochemicals
0.09%
−43.3%
Tube Investments Of India Limited
Auto Components
0.09%
+125.7%
JSW Steel Limited
Ferrous Metals
0.08%
+263.9%
SBI Life Insurance Company Limited
Insurance
0.08%
−38.5%
UltraTech Cement Limited
Cement & Cement Products
0.08%
−50.8%
Union Bank of India 2027 · Certificate of deposit
ICRA A1+
0.08%
Power Grid Corporation of India Limited
Power
0.06%
−74.7%
Page Industries Limited
Textiles & Apparels
0.06%
+2555.6%
GMR Airports Limited
Transport Infrastructure
0.06%
−85.5%
Bajaj Finserv Limited
Finance
0.06%
+305.4%
Bank of Maharashtra
Banks
0.05%
+409.8%
United Spirits Limited
Beverages
0.05%
−26.7%
Sun Pharmaceutical Industries Limited
Pharmaceuticals & Biotechnology
0.04%
+1500.0%
Grasim Industries Limited
Cement & Cement Products
0.04%
+2142.9%
ABB India Limited
Electrical Equipment
0.04%
−19.7%
Apollo Hospitals Enterprise Limited
Healthcare Services
0.04%
−85.9%
Indian Bank
Banks
0.04%
+373.3%
Adani Ports and Special Economic Zone Limited
Transport Infrastructure
0.04%
−95.5%
Dabur India Limited
Personal Products
0.03%
−85.8%
Cipla Limited
Pharmaceuticals & Biotechnology
0.03%
+69.4%
CG Power and Industrial Solutions Limited
Electrical Equipment
0.03%
+3866.7%
IndusInd Bank Limited
Banks
0.03%
+1180.0%
Persistent Systems Ltd
IT - Software
0.03%
+12000.0%
Solar Industries India Limited
Chemicals & Petrochemicals
0.03%
−86.7%
360 One WAM Limited
Capital Markets
0.03%
+268.1%
Eternal Limited
Retailing
0.03%
New
Trent Limited
Retailing
0.03%
+295.1%
Zydus Lifesciences Limited
Pharmaceuticals & Biotechnology
0.02%
−42.3%
Max Healthcare Institute Limited
Healthcare Services
0.02%
−67.5%
Wipro Limited
IT - Software
0.02%
New
Godrej Consumer Products Limited
Personal Products
0.02%
−91.1%
Max Financial Services Limited
Insurance
0.02%
−90.2%
Rail Vikas Nigam Limited
Construction
0.02%
−74.7%
Polycab India Limited
Industrial Products
0.02%
−69.2%
L&T Finance Limited
Finance
0.02%
New
PI Industries Limited
Fertilizers & Agrochemicals
0.02%
New
Angel One Limited
Capital Markets
0.02%
+2475.0%
Prestige Estates Projects Limited
Realty
0.02%
−46.8%
Hero MotoCorp Limited
Automobiles
0.01%
−97.0%
Avenue Supermarts Limited
Retailing
0.01%
+140.0%
Amber Enterprises India Limited
Consumer Durables
0.01%
+111.1%
Lodha Developers Limited
Realty
0.01%
New
Oracle Financial Services Software Limited
IT - Software
0.01%
+650.0%
Vishal Mega Mart Limited
Retailing
0.00%
+33.3%
Shree Cement Limited
Cement & Cement Products
0.00%
−55.0%
Premier Energies Limited
Electrical Equipment
0.00%
New
Bharat Dynamics Limited
Aerospace & Defense
0.00%
New
Havells India Limited
Consumer Durables
0.00%
−62.5%
Siemens Energy India Limited
Electrical Equipment
0.00%
New
Britannia Industries Limited
Food Products
0.00%
New
Mazagon Dock Shipbuilders Limited
Industrial Manufacturing
0.00%
−94.8%
Godfrey Phillips India Limited
Cigarettes & Tobacco Products
0.00%
+185.7%
DLF Limited
Realty
0.00%
−99.9%
Motilal Oswal Financial Services Limited
Capital Markets
0.00%
−97.7%
Petronet LNG Limited
Gas
0.00%
New
Force Motors Limited
Automobiles
0.00%
−97.1%
Ujjivan Small Finance Bank Limited
Banks
0.00%
New
NHPC Limited
Power
0.00%
New
Dixon Technologies (India) Limited
Consumer Durables
0.00%
New
Invesco India Arbitrage Fund Stocks Bought and Sold
All changes are between August 2026 and September 2026
More
Stocks bought and sold in September 2026
HDFC Bank Limited
↓Reduced
−7.7%
5.58%
ICICI Bank Limited
↑Added
+45.3%
4.55%
Reliance Industries Limited
↑Added
+45.4%
3.48%
Axis Bank Limited
↓Reduced
−33.1%
2.20%
Bharti Airtel Limited
↓Reduced
−35.3%
2.16%
Vodafone Idea Limited
↑Added
+0.3%
2.20%
Adani Power Limited
↑Added
+58.2%
2.11%
State Bank of India
↑Added
+77.7%
1.99%
Jio Financial Services Limited
↓Reduced
−14.4%
1.46%
IDFC First Bank Limited
↓Reduced
−0.8%
1.77%
Canara Bank
↓Reduced
−10.7%
1.52%
Power Finance Corporation Limited
↑Added
+141.7%
1.77%
APL Apollo Tubes Limited
↑Added
+105.7%
1.77%
Yes Bank Limited
↓Reduced
−5.3%
1.38%
Tata Steel Limited
↑Added
+41.3%
1.57%
Multi Commodity Exchange of India Limited
↑Added
+5.0%
1.55%
Coal India Limited
↑Added
+14.3%
1.47%
Ambuja Cements Limited
↓Reduced
−8.1%
1.26%
Punjab National Bank
↓Reduced
−20.6%
1.03%
Divi's Laboratories Limited
↑Added
+260.8%
1.08%
Indus Towers Limited
↓Reduced
−22.8%
0.77%
Infosys Limited
↑Added
+447.8%
1.01%
Indian Oil Corporation Limited
↓Reduced
−28.8%
0.60%
Hitachi Energy India Limited
↓Reduced
−86.7%
0.10%
ITC Limited
↓Reduced
−25.6%
0.61%
Varun Beverages Ltd
↓Reduced
−3.9%
0.80%
Adani Ports and Special Economic Zone Limited
↓Reduced
−95.5%
0.04%
Hindustan Unilever Limited
↑Added
+103.3%
0.78%
The Federal Bank Limited
↑Added
+31.1%
0.78%
Life Insurance Corporation Of India
↓Reduced
−41.9%
0.43%
Cummins India Limited
↑Added
+21.9%
0.77%
NMDC Limited
↑Added
+101.4%
0.71%
Bharat Electronics Limited
↓Reduced
−68.7%
0.21%
Container Corporation of India Limited
↓Reduced
−2.9%
0.58%
Biocon Limited
↑Added
+4.3%
0.64%
Tata Consultancy Services Limited
↑Added
+441.7%
0.67%
LIC Housing Finance Limited
↓Reduced
−2.8%
0.64%
Glenmark Pharmaceuticals Limited
↓Reduced
−70.1%
0.18%
Steel Authority of India Limited
↓Reduced
−62.6%
0.22%
Manappuram Finance Limited
↓Reduced
−9.5%
0.53%
GE Vernova T&D India Limited
↓Reduced
−1.7%
0.58%
Crompton Greaves Consumer Electricals Limited
↓Reduced
−0.1%
0.55%
HCL Technologies Limited
↑Added
+1395.7%
0.61%
The Indian Hotels Company Limited
↑Added
+44.6%
0.60%
Kotak Mahindra Bank Ltd
↓Reduced
−10.6%
0.52%
Tata Motors Passenger Vehicles Limited
↑Added
+51.2%
0.55%
PB Fintech Limited
↑Added
+622.5%
0.52%
Bank of Baroda
↑Added
+43.0%
0.50%
Computer Age Management Services Limited
↑Added
+21.8%
0.50%
AU Small Finance Bank Limited
↓Reduced
−59.1%
0.19%
Adani Green Energy Limited
↓Reduced
−78.8%
0.11%
Patanjali Foods Limited
↑Added
+39.0%
0.48%
Fortis Healthcare Limited
↓Reduced
−20.2%
0.31%
Coforge Limited
↑Added
+144.9%
0.46%
Godrej Properties Limited
↑Added
+57.2%
0.45%
Hindustan Zinc Limited
↓Reduced
−17.0%
0.35%
NTPC Limited
↓Reduced
−42.5%
0.24%
HDFC Life Insurance Company Limited
↓Reduced
−53.9%
0.18%
Vedanta Limited
↓Reduced
−51.5%
0.18%
Torrent Pharmaceuticals Limited
↑Added
+208.4%
0.40%
FSN E-Commerce Ventures Limited
↓Reduced
−3.7%
0.34%
PNB Housing Finance Limited
↑Added
+46.1%
0.39%
UPL Limited
↓Reduced
−28.3%
0.27%
Jindal Steel Limited
↑Added
+21.2%
0.39%
Asian Paints Limited
↓Reduced
−49.9%
0.18%
Marico Limited
↑Added
+72.7%
0.38%
Muthoot Finance Limited
↓Reduced
−39.3%
0.21%
GMR Airports Limited
↓Reduced
−85.5%
0.06%
RBL Bank Limited
↑Added
+156.0%
0.38%
Maruti Suzuki India Limited
↑Added
+152.3%
0.37%
Tata Consumer Products Limited
↑Added
+29.3%
0.36%
Swiggy Limited
↑New
New
0.34%
Bank of India
↓Reduced
−17.9%
0.26%
PG Electroplast Limited
↓Reduced
−2.0%
0.28%
Tech Mahindra Limited
↑Added
+11.6%
0.34%
Indian Energy Exchange Limited
↓Reduced
−5.9%
0.28%
Lupin Limited
↓Reduced
−2.7%
0.30%
Bharat Forge Limited
↑Added
+66.8%
0.33%
Union Bank of India
↑Added
+5.2%
0.32%
HDFC Asset Management Company Limited
↑Added
+53.8%
0.32%
Bajaj Finance Ltd
↑Added
+29.9%
0.32%
MphasiS Limited
↑Added
+196.5%
0.32%
Adani Enterprises Limited
↑Added
+20.9%
0.32%
Delhivery Limited
↑Added
+338.7%
0.31%
Bajaj Auto Limited
↑Added
+271.9%
0.31%
Hindustan Aeronautics Limited
↓Reduced
−4.1%
0.28%
Samvardhana Motherson International Limited
↑Added
+30.3%
0.30%
Cochin Shipyard Limited
↓Sold out
−100%
was 0.30%
Oberoi Realty Limited
↑Added
+1501.1%
0.29%
BSE Limited
↑Added
+2463.6%
0.29%
Cholamandalam Investment and Finance Company Limited
↓Reduced
−50.3%
0.13%
Max Financial Services Limited
↓Reduced
−90.2%
0.02%
Apollo Hospitals Enterprise Limited
↓Reduced
−85.9%
0.04%
Astral Limited
↑Added
+1990.0%
0.28%
Hero MotoCorp Limited
↓Reduced
−97.0%
0.01%
Godrej Consumer Products Limited
↓Reduced
−91.1%
0.02%
The Phoenix Mills Limited
↓Reduced
−50.8%
0.13%
Larsen & Toubro Limited
↓Reduced
−48.4%
0.12%
KPIT Technologies Limited
↓Reduced
−59.0%
0.09%
Ashok Leyland Limited
↓Reduced
−12.6%
0.20%
Colgate Palmolive (India) Limited
↑Added
+83.3%
0.25%
Bandhan Bank Limited
↑Added
+21.1%
0.25%
Power Grid Corporation of India Limited
↓Reduced
−74.7%
0.06%
Jubilant Foodworks Limited
↑Added
+19.9%
0.25%
Dabur India Limited
↓Reduced
−85.8%
0.03%
Suzlon Energy Limited
↑Added
+45.1%
0.24%
Bharat Heavy Electricals Limited
↑Added
+864.7%
0.24%
One 97 Communications Limited
↓Reduced
−17.1%
0.20%
Mahindra & Mahindra Limited
↑Added
+86.5%
0.23%
TVS Motor Company Limited
↑Added
+63.9%
0.23%
Info Edge India Ltd
↑Added
+27.1%
0.23%
Hindalco Industries Limited
↑Added
+15.6%
0.22%
Tata Power Company Limited
↓Reduced
−6.7%
0.21%
DLF Limited
↓Reduced
−99.9%
0.00%
Pidilite Industries Limited
↓Reduced
−37.9%
0.12%
Shriram Finance Limited
↑Added
+147.6%
0.22%
Hindustan Petroleum Corporation Limited
↑Added
+1.0%
0.21%
Voltas Limited
↓Reduced
−9.0%
0.18%
Solar Industries India Limited
↓Reduced
−86.7%
0.03%
Adani Energy Solutions Limited
↑Added
+87.6%
0.21%
Eicher Motors Limited
↑Added
+10.2%
0.19%
Alkem Laboratories Limited
↑Added
+71.1%
0.19%
Central Depository Services (India) Limited
↑Added
+77.3%
0.19%
Laurus Labs Limited
↑New
New
0.19%
JSW Energy Limited
↑Added
+87.1%
0.18%
ICICI Lombard General Insurance Company Limited
↑Added
+18.5%
0.18%
Bosch Limited
↓Reduced
−47.2%
0.09%
UltraTech Cement Limited
↓Reduced
−50.8%
0.08%
SRF Limited
↓Reduced
−43.3%
0.09%
Aditya Birla Capital Limited
↑Added
+58.4%
0.17%
Oil India Limited
↑Added
+96.4%
0.16%
Aurobindo Pharma Limited
↑Added
+200.6%
0.16%
InterGlobe Aviation Limited
↑Added
+147.7%
0.16%
National Aluminium Company Limited
↓Reduced
−34.0%
0.09%
KEI Industries Limited
↑New
New
0.15%
Inox Wind Limited
↑Added
+2.6%
0.14%
Oil & Natural Gas Corporation Limited
↓Reduced
−31.1%
0.09%
Titan Company Limited
↑Added
+859.3%
0.14%
Sagility Limited
↑Added
+879.0%
0.13%
SBI Life Insurance Company Limited
↓Reduced
−38.5%
0.08%
Nestle India Limited
↑Added
+443.0%
0.13%
Radico Khaitan Limited
↑Added
+134.2%
0.13%
Bharat Petroleum Corporation Limited
↑Added
+56.0%
0.12%
Bajaj Holdings & Investment Limited
↓Reduced
−22.5%
0.09%
GAIL (India) Limited
↑Added
+90.7%
0.12%
Supreme Industries Limited
↑Added
+78.6%
0.12%
Kalyan Jewellers India Limited
↑Added
+174.7%
0.11%
SBI Cards and Payment Services Limited
↑Added
+50.2%
0.10%
Mazagon Dock Shipbuilders Limited
↓Reduced
−94.8%
0.00%
Nippon Life India Asset Management Limited
↓Sold out
−100%
was 0.10%
NBCC (India) Limited
↑Added
+27.2%
0.09%
Rail Vikas Nigam Limited
↓Reduced
−74.7%
0.02%
Tube Investments Of India Limited
↑Added
+125.7%
0.09%
UNO Minda Limited
↓Sold out
−100%
was 0.09%
JSW Steel Limited
↑Added
+263.9%
0.08%
Max Healthcare Institute Limited
↓Reduced
−67.5%
0.02%
United Spirits Limited
↓Reduced
−26.7%
0.05%
Polycab India Limited
↓Reduced
−69.2%
0.02%
ABB India Limited
↓Reduced
−19.7%
0.04%
Page Industries Limited
↑Added
+2555.6%
0.06%
Bajaj Finserv Limited
↑Added
+305.4%
0.06%
Bank of Maharashtra
↑Added
+409.8%
0.05%
Zydus Lifesciences Limited
↓Reduced
−42.3%
0.02%
Sun Pharmaceutical Industries Limited
↑Added
+1500.0%
0.04%
Grasim Industries Limited
↑Added
+2142.9%
0.04%
Indian Bank
↑Added
+373.3%
0.04%
Cipla Limited
↑Added
+69.4%
0.03%
CG Power and Industrial Solutions Limited
↑Added
+3866.7%
0.03%
IndusInd Bank Limited
↑Added
+1180.0%
0.03%
Persistent Systems Ltd
↑Added
+12000.0%
0.03%
Motilal Oswal Financial Services Limited
↓Reduced
−97.7%
0.00%
Force Motors Limited
↓Reduced
−97.1%
0.00%
360 One WAM Limited
↑Added
+268.1%
0.03%
Eternal Limited
↑New
New
0.03%
Prestige Estates Projects Limited
↓Reduced
−46.8%
0.02%
Trent Limited
↑Added
+295.1%
0.03%
Mankind Pharma Limited
↓Sold out
−100%
was 0.03%
Wipro Limited
↑New
New
0.02%
L&T Finance Limited
↑New
New
0.02%
PI Industries Limited
↑New
New
0.02%
Angel One Limited
↑Added
+2475.0%
0.02%
Avenue Supermarts Limited
↑Added
+140.0%
0.01%
Amber Enterprises India Limited
↑Added
+111.1%
0.01%
Lodha Developers Limited
↑New
New
0.01%
Oracle Financial Services Software Limited
↑Added
+650.0%
0.01%
ICICI Prudential Life Insurance Company Limited
↓Sold out
−100%
was 0.01%
Vishal Mega Mart Limited
↑Added
+33.3%
0.00%
Shree Cement Limited
↓Reduced
−55.0%
0.00%
Premier Energies Limited
↑New
New
0.00%
Bharat Dynamics Limited
↑New
New
0.00%
Havells India Limited
↓Reduced
−62.5%
0.00%
Siemens Energy India Limited
↑New
New
0.00%
Britannia Industries Limited
↑New
New
0.00%
Godfrey Phillips India Limited
↑Added
+185.7%
0.00%
Petronet LNG Limited
↑New
New
0.00%
Ujjivan Small Finance Bank Limited
↑New
New
0.00%
NHPC Limited
↑New
New
0.00%
Dixon Technologies (India) Limited
↑New
New
0.00%
Dr Reddys Laboratories Limited
↓Sold out
−100%
was 0.00%
Hyundai Motor India Ltd
↓Sold out
−100%
was 0.00%
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.
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.
Invesco India Arbitrage Fund Overview
Fund facts from the scheme summary document, as on 16-10-2026
Expense ratio (Direct)
2.20%
Expense ratio (Regular)
2.87%
Category
Arbitrage
Risk
Low
Benchmark
Nifty 50 Arbitrage Index
Launch date
30-04-2007
Minimum investment
Not available
Minimum additional investment
Not available
AUM
₹30,395.97 Cr (30-09-2026)
Lock in
None
Scheme code (Direct)
120401
ISIN (Direct)
INF205K01KR8
Scheme code (Regular)
105603
ISIN (Regular)
INF205K01122
NAV history
From 02-01-2013, 13.8 years
Exit load
Exit load of 0.50% if redeemed within 15 days
Tax on Invesco India Arbitrage Fund returns
Invesco India 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
Annual Bonus
₹37.6165
30-10-2026
direct
Growth
₹37.6341
30-10-2026
direct
IDCW
₹20.4359
30-10-2026
regular
Growth
₹34.4947
30-10-2026
regular
IDCW
₹18.4092
30-10-2026
About Invesco India Arbitrage Fund
Invesco India Arbitrage Fund is a mutual fund from Invesco Mutual Fund. Its category is Arbitrage. It was launched on 30-04-2007. Its benchmark is Nifty 50 Arbitrage Index. At the end of September 2026 it held 210 securities.
Frequently Asked Questions for Invesco India Arbitrage Fund
What is the current NAV of Invesco India Arbitrage Fund?
The Direct plan NAV is ₹37.6341. The Regular plan NAV is ₹34.4947, as on 30-10-2026.
What are the returns of Invesco India Arbitrage Fund?
The Direct plan returned +6.88% in 1 year, +7.46% a year over 3 years, +7.14% a year over 5 years. The Regular plan returned +6.17% in 1 year, +6.74% a year over 3 years, +6.43% a year over 5 years. These figures are as on 30-10-2026.
What is the expense ratio of Invesco India Arbitrage Fund?
The Direct plan charges 2.20% a year. The Regular plan charges 2.87% a year. This is the figure the fund house reported to AMFI, in force from 01-10-2026.
What is the AUM of Invesco India Arbitrage Fund?
Invesco India Arbitrage Fund managed ₹30,395.97 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
What are the top holdings of Invesco India Arbitrage Fund?
At the end of September 2026 the largest holdings were HDFCBANK (5.58%), Invesco India Money Market Fund - Direct Plan - Growth (5.52%), Invesco India Liquid Fund - Direct Plan - Growth (5.22%), ICICIBANK (4.55%), RELIANCE (3.48%). The fund held 210 securities in all.
What did Invesco India Arbitrage Fund buy and sell in September 2026?
It bought 16 new stocks: Swiggy Limited, Wipro Limited, Premier Energies Limited, Bharat Dynamics Limited, Siemens Energy India Limited. It sold out of 7: Dr Reddys Laboratories Limited, Hyundai Motor India Ltd, Nippon Life India Asset Management Limited, UNO Minda Limited, Mankind Pharma Limited. It added shares in 99. It reduced 78.
How do I invest in Invesco India Arbitrage Fund?
Through Invesco 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. You can invest once or through a monthly SIP.
Who is the fund manager of Invesco India Arbitrage Fund?
Deepak Gupta, Pradeep Sukte.
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.
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