Motilal Oswal Arbitrage Fund is an Arbitrage fund run by Motilal Oswal Mutual Fund. On 30-09-2026, it managed ₹3,434 Cr of investors' money. In the year to 30-10-2026, its Direct plan returned 7.0% and its Regular plan returned 5.9%.
NAV on 30-10-2026: Direct Plan Growth ₹11.37 (up 0.19% that day); Regular Plan Growth ₹11.17 (up 0.19% 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) | +0.48% | +1.54% | +3.30% | +6.98% | -- | -- | -- |
| This fund (Regular) | +0.40% | +1.28% | +2.77% | +5.94% | -- | -- | -- |
| Arbitrage average | +0.56% | +1.52% | +3.20% | +6.62% | -- | -- | -- |
| Best in Arbitrage | +0.73% | +1.71% | +3.63% | +7.56% | -- | -- | -- |
| Worst in Arbitrage | +0.45% | +1.28% | +2.60% | +5.24% | -- | -- | -- |
| Rank in Arbitrage | 38/39 | 12/38 | 7/38 | 4/33 | -- | -- | -- |
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.
| Year | Direct | Regular |
|---|---|---|
| 2026to date | +5.62% | +4.74% |
| 2025 | +7.46% | +6.50% |
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 1-year holding period, plotted on the day it ended. There are 206 periods, one for each trading day from 29-12-2025 to 30-10-2026.
Motilal Oswal 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 | 206 | 7.2% | 6.7% | 7.6% | 0% | 6.6% | 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.
How much it swings, and the falls an investor had to sit through
Risk and return
| Measure | Motilal Oswal Arbitrage Fund (Direct)This fund | Category average |
|---|---|---|
| Return (CAGR) | +6.98% | +6.61% |
| Standard deviation | 1.39% | 1.35% |
| Sharpe ratio | 1.24 | 1.01 |
| Sortino ratio | 1.88 | 1.54 |
| Maximum drawdown | −0.38% (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 | Motilal Oswal Arbitrage Fund (Direct)This fund | Category average |
|---|---|---|
| Return (CAGR) | +7.14% | +6.73% |
| Standard deviation | 1.16% | 1.13% |
| Sharpe ratio | 1.37 | 1.04 |
| Sortino ratio | 2.08 | 1.58 |
| Maximum drawdown | −0.38% (06-08-2026) | −0.45% (06-08-2026) |
From daily NAVs, 27-12-2024 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.
Motilal Oswal 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 | |
|---|---|---|---|---|---|---|
| Motilal Oswal Arbitrage Fund (Direct) | −0.38% | 03-08-2026 | 06-08-2026 | 21-08-2026 | 15 days | −0.03% |
| Category average | −0.45% | 03-08-2026 | 06-08-2026 | 24-08-2026 | 18 days | −0.04% |
From the Direct plan's daily NAV since 27-12-2024, 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.
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 |
| Motilal Oswal Arbitrage Fund | 4/33 | 3,434 | 0.99% | +6.98% | -- | -- | -- | -- | -- | |
| Edelweiss Arbitrage Fund | 5/25 | 14,250 | 1.53% | +6.66% | +7.37% | -- | -- | 1.27 | 1.98 | Compare |
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 01-10-2026
| Plan | Base expense ratio | Brokerage | Transaction costs | Levies and GST | Total expense ratio | Arbitrage median | Cost rank (1 = cheapest) |
|---|---|---|---|---|---|---|---|
| Direct | 0.10% | 0.11% | 0.04% | 0.74% | 0.99% | 1.45% | 2/39 |
| Regular | 1.00% | 0.11% | 0.04% | 0.83% | 1.98% | 2.08% | 13/38 |
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 | 5.94% | 6.98% | 1.04% | ₹1,05,940 | ₹1,06,980 |
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.
What a one-time or monthly investment in this fund would be worth today, from its own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 27-12-2024 to 30-10-2026: 23 instalments, ₹2,30,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Direct planMotilal Oswal Arbitrage Fund (Direct) | ₹2,30,000 | ₹2,45,995 | ₹15,995 | 6.9% |
| Regular planMotilal Oswal Arbitrage Fund (Regular) | ₹2,30,000 | ₹2,43,605 | ₹13,605 | 5.9% |
| Category averageCategory average, 39 Arbitrage funds | ₹2,30,000 | ₹2,45,128 | ₹15,128 | 6.6% |
Direct planMotilal Oswal Arbitrage Fund (Direct)
Regular planMotilal Oswal Arbitrage Fund (Regular)
Category averageCategory average, 39 Arbitrage funds
Amount 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.
Asset allocation as on 30-09-2026
71.3%Equity
| Asset | Fund | Category |
|---|---|---|
| Equity | 71.3% | 71.6% |
| Cash and others | 14.4% | 19.5% |
| Debt | 14.3% | 9.0% |
| Market cap | Fund | Category |
|---|---|---|
| Large Cap | 53.6% | 54.0% |
| Mid Cap | 13.5% | 14.1% |
| Small Cap | 4.2% | 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.
Bonds and money market papers by credit rating, % of the fund. Category: the average of 39 Arbitrage funds.
| Rating | Fund | Category |
|---|---|---|
| Sovereign | 2.9% | 2.9% |
| AAA and A1+ | 11.4% | 5.8% |
Sector allocation of the fund's stocks as on 30-09-2026
Banks19.4%
Finance10.5%
Automobiles7.1%
Telecom - Services5.3%
Petroleum Products4.6%
Electrical Equipment4.2%
Ferrous Metals2.1%
Transport Services1.7%
Pharmaceuticals & Biotechnology1.7%
Construction1.3%
The ten largest of 37 sectors. The other 27 add up to 13.4%.
| Sector | July 2026 | August 2026 | September 2026 | Change |
|---|---|---|---|---|
| Banks | 13.9% | 17.2% | 19.4% | +5.5% |
| Finance | 12.4% | 11.0% | 10.5% | −1.9% |
| Automobiles | 8.8% | 7.8% | 7.1% | −1.7% |
| Telecom - Services | 5.3% | 5.6% | 5.3% | 0.0% |
| Petroleum Products | 4.6% | 4.4% | 4.6% | 0.0% |
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 · 139 holdings · from the fund house's monthly portfolio
| Holdings | Sector / Rating | Weight% | Holdings trend | 1M change |
|---|---|---|---|---|
| Motilal Oswal Liquid Fund - Direct Growth | 7.13% | |||
| HDFC Bank Limited | Banks | 5.41% | +11.6% | |
| Reliance Industries Limited | Petroleum Products | 4.58% | +11.6% | |
| Bharti Airtel Limited | Telecom - Services | 3.63% | −3.1% | |
| Cholamandalam Investment and Finance Company Limited | Finance | 3.49% | 0.0% | |
| TVS Motor Company Limited | Automobiles | 3.37% | −13.4% | |
| AU Small Finance Bank Limited | Banks | 3.07% | +3.0% | |
| Axis Bank Limited | Banks | 2.53% | +4.6% | |
| Kotak Mahindra Bank Ltd | Banks | 2.39% | −7.1% | |
| CG Power and Industrial Solutions Limited | Electrical Equipment | 2.37% | −24.0% | |
| ICICI Bank Limited | Banks | 2.28% | +94.7% | |
| Aditya Birla Capital Limited | Finance | 2.15% | 0.0% | |
| Motilal Oswal Ultra Short Term Fund (MOFUSTF) -Direct Plan- Growth | 2.07% | |||
| InterGlobe Aviation Limited | Transport Services | 1.74% | +42.3% | |
| Maruti Suzuki India Limited | Automobiles | 1.73% | +4.8% | |
| Bajaj Finance Ltd | Finance | 1.72% | +1.5% | |
| Mahindra & Mahindra Limited | Automobiles | 1.53% | +11.2% | |
| Vodafone Idea Limited | Telecom - Services | 1.34% | −1.4% | |
| Steel Authority of India Limited | Ferrous Metals | 1.23% | −4.8% | |
| Larsen & Toubro Limited | Construction | 1.19% | +52.3% | |
| State Bank of India | Banks | 1.11% | +18.1% | |
| Adani Enterprises Limited | Metals & Minerals Trading | 1.11% | −5.6% | |
| One 97 Communications Limited | Financial Technology (Fintech) | 1.10% | −49.4% | |
| Ashok Leyland Limited | Agricultural, Commercial & Construction Vehicles | 0.97% | 0.0% | |
| Samvardhana Motherson International Limited | Auto Components | 0.88% | 0.0% | |
| Inox Wind Limited | Electrical Equipment | 0.87% | −4.1% | |
| RBL Bank Limited | Banks | 0.77% | 0.0% | |
| IndusInd Bank Limited | Banks | 0.75% | +696.1% | |
| Sun Pharmaceutical Industries Limited | Pharmaceuticals & Biotechnology | 0.74% | 0.0% | |
| 5.74% Government of India 2026 · Government security | SOVEREIGN | 0.73% | ||
| 364 Days Tbill (MD 23/10/2026) · Treasury bill | SOVEREIGN | 0.73% | ||
| Bank of Baroda 2026 · Certificate of deposit | FITCH A1+ | 0.72% | ||
| HDFC Bank Limited 2026 · Certificate of deposit | CARE A1+ | 0.72% | ||
| Kotak Mahindra Bank Limited 2027 | CRISIL A1+ | 0.72% | ||
| Canara Bank 2026 · Certificate of deposit | CRISIL A1+ | 0.72% | ||
| Small Industries Dev Bank of India 2026 · Certificate of deposit | CARE A1+ | 0.72% | ||
| Indian Bank 2026 · Certificate of deposit | CRISIL A1+ | 0.72% | ||
| Indian Bank 2026 · Certificate of deposit | CRISIL A1+ | 0.72% | ||
| 364 Days Tbill (MD 04/03/2027) · Treasury bill | SOVEREIGN | 0.71% | ||
| HDFC Bank Limited 2027 · Certificate of deposit | CARE A1+ | 0.71% | ||
| Punjab National Bank 2027 · Certificate of deposit | CRISIL A1+ | 0.71% | ||
| Punjab National Bank 2027 · Certificate of deposit | CRISIL A1+ | 0.71% | ||
| National Bank For Agriculture and Rural Development 2027 · Certificate of deposit | ICRA A1+ | 0.71% | ||
| National Bank For Agriculture and Rural Development 2027 · Certificate of deposit | CRISIL A1+ | 0.71% | ||
| Union Bank of India 2027 · Certificate of deposit | ICRA A1+ | 0.71% | ||
| Union Bank of India 2027 · Certificate of deposit | ICRA A1+ | 0.71% | ||
| 364 Days Tbill (MD 20/05/2027) · Treasury bill | SOVEREIGN | 0.70% | ||
| Small Industries Dev Bank of India 2027 · Certificate of deposit | CRISIL A1+ | 0.69% | ||
| Shriram Finance Limited | Finance | 0.69% | 0.0% | |
| Small Industries Dev Bank of India 2027 · Certificate of deposit | CRISIL A1+ | 0.68% | ||
| Jio Financial Services Limited | Finance | 0.68% | 0.0% | |
| PNB Housing Finance Limited | Finance | 0.63% | +89.8% | |
| HDFC Life Insurance Company Limited | Insurance | 0.57% | 0.0% | |
| PG Electroplast Limited | Consumer Durables | 0.54% | +19.1% | |
| Bharat Electronics Limited | Aerospace & Defense | 0.53% | −24.2% | |
| Bharat Heavy Electricals Limited | Electrical Equipment | 0.52% | 0.0% | |
| ITC Limited | Diversified FMCG | 0.50% | +2.7% | |
| Eternal Limited | Retailing | 0.43% | +8.6% | |
| Bajaj Finserv Limited | Finance | 0.43% | +30.3% | |
| Central Depository Services (India) Limited | Capital Markets | 0.40% | 0.0% | |
| Kalyan Jewellers India Limited | Consumer Durables | 0.39% | 0.0% | |
| Suzlon Energy Limited | Electrical Equipment | 0.37% | +125.2% | |
| Angel One Limited | Capital Markets | 0.36% | New | |
| Tata Steel Limited | Ferrous Metals | 0.35% | +4.3% | |
| Indus Towers Limited | Telecom - Services | 0.34% | 0.0% | |
| Yes Bank Limited | Banks | 0.34% | 0.0% | |
| Supreme Industries Limited | Industrial Products | 0.33% | 0.0% | |
| Cipla Limited | Pharmaceuticals & Biotechnology | 0.32% | −0.5% | |
| JSW Steel Limited | Ferrous Metals | 0.31% | +13.5% | |
| Infosys Limited | IT - Software | 0.30% | +13.8% | |
| Grasim Industries Limited | Cement & Cement Products | 0.29% | −74.7% | |
| Adani Green Energy Limited | Power | 0.29% | 0.0% | |
| Patanjali Foods Limited | Agricultural Food & other Products | 0.28% | 0.0% | |
| SBI Cards and Payment Services Limited | Finance | 0.27% | +3.1% | |
| Muthoot Finance Limited | Finance | 0.27% | 0.0% | |
| Swiggy Limited | Retailing | 0.26% | New | |
| Cummins India Limited | Industrial Products | 0.26% | 0.0% | |
| NMDC Limited | Minerals & Mining | 0.26% | 0.0% | |
| Bank of Baroda | Banks | 0.25% | +30.3% | |
| Divi's Laboratories Limited | Pharmaceuticals & Biotechnology | 0.25% | +46.9% | |
| Multi Commodity Exchange of India Limited | Capital Markets | 0.24% | New | |
| Jindal Steel Limited | Ferrous Metals | 0.23% | 0.0% | |
| Eicher Motors Limited | Automobiles | 0.21% | 0.0% | |
| Hindustan Unilever Limited | Diversified FMCG | 0.19% | +21.3% | |
| Asian Paints Limited | Consumer Durables | 0.18% | +16.9% | |
| Marico Limited | Agricultural Food & other Products | 0.17% | +384.6% | |
| Godrej Properties Limited | Realty | 0.17% | 0.0% | |
| Vedanta Limited | Diversified Metals | 0.16% | −2.6% | |
| Canara Bank | Banks | 0.16% | +28.9% | |
| UltraTech Cement Limited | Cement & Cement Products | 0.16% | 0.0% | |
| LIC Housing Finance Limited | Finance | 0.15% | +26.7% | |
| Crompton Greaves Consumer Electricals Limited | Consumer Durables | 0.15% | 0.0% | |
| Apollo Hospitals Enterprise Limited | Healthcare Services | 0.15% | −10.9% | |
| Hindustan Aeronautics Limited | Aerospace & Defense | 0.14% | +26.8% | |
| IDFC First Bank Limited | Banks | 0.14% | 0.0% | |
| Life Insurance Corporation Of India | Insurance | 0.14% | 0.0% | |
| Tata Consultancy Services Limited | IT - Software | 0.13% | −32.4% | |
| Bajaj Auto Limited | Automobiles | 0.13% | 0.0% | |
| Bandhan Bank Limited | Banks | 0.12% | 0.0% | |
| The Federal Bank Limited | Banks | 0.11% | 0.0% | |
| Ambuja Cements Limited | Cement & Cement Products | 0.10% | 0.0% | |
| HDFC Asset Management Company Limited | Capital Markets | 0.10% | 0.0% | |
| Biocon Limited | Pharmaceuticals & Biotechnology | 0.10% | 0.0% | |
| Aurobindo Pharma Limited | Pharmaceuticals & Biotechnology | 0.10% | 0.0% | |
| Adani Ports and Special Economic Zone Limited | Transport Infrastructure | 0.10% | 0.0% | |
| NBCC (India) Limited | Construction | 0.09% | 0.0% | |
| Pidilite Industries Limited | Chemicals & Petrochemicals | 0.09% | 0.0% | |
| Hindalco Industries Limited | Non - Ferrous Metals | 0.08% | +57.7% | |
| The Indian Hotels Company Limited | Leisure Services | 0.08% | 0.0% | |
| Lupin Limited | Pharmaceuticals & Biotechnology | 0.08% | +22.2% | |
| Coforge Limited | IT - Software | 0.08% | +75.0% | |
| Indian Energy Exchange Limited | Capital Markets | 0.07% | 0.0% | |
| Hero MotoCorp Limited | Automobiles | 0.07% | New | |
| Varun Beverages Ltd | Beverages | 0.07% | 0.0% | |
| Info Edge India Ltd | Retailing | 0.07% | 0.0% | |
| Zydus Lifesciences Limited | Pharmaceuticals & Biotechnology | 0.06% | 0.0% | |
| Premier Energies Limited | Electrical Equipment | 0.06% | New | |
| SBI Life Insurance Company Limited | Insurance | 0.06% | 0.0% | |
| APL Apollo Tubes Limited | Industrial Products | 0.06% | 0.0% | |
| GAIL (India) Limited | Gas | 0.05% | New | |
| Tata Motors Passenger Vehicles Limited | Automobiles | 0.05% | 0.0% | |
| Max Financial Services Limited | Insurance | 0.05% | 0.0% | |
| DLF Limited | Realty | 0.04% | −86.7% | |
| Polycab India Limited | Industrial Products | 0.04% | +225.0% | |
| Adani Energy Solutions Limited | Power | 0.04% | 0.0% | |
| Bharat Petroleum Corporation Limited | Petroleum Products | 0.03% | 0.0% | |
| Tata Consumer Products Limited | Agricultural Food & other Products | 0.03% | New | |
| Oil & Natural Gas Corporation Limited | Oil | 0.03% | +375.0% | |
| Bharat Forge Limited | Auto Components | 0.03% | 0.0% | |
| Hindustan Petroleum Corporation Limited | Petroleum Products | 0.02% | New | |
| Alkem Laboratories Limited | Pharmaceuticals & Biotechnology | 0.02% | 0.0% | |
| Tube Investments Of India Limited | Auto Components | 0.02% | 0.0% | |
| Dabur India Limited | Personal Products | 0.01% | −57.9% | |
| Titan Company Limited | Consumer Durables | 0.01% | New | |
| NTPC Limited | Power | 0.01% | New | |
| United Spirits Limited | Beverages | 0.01% | 0.0% | |
| Glenmark Pharmaceuticals Limited | Pharmaceuticals & Biotechnology | 0.01% | 0.0% | |
| Radico Khaitan Limited | Beverages | 0.01% | 0.0% | |
| Oil India Limited | Oil | 0.00% | 0.0% |
All changes are between August 2026 and September 2026
| HDFC Bank Limited | Added | +11.6% | 5.41% |
|---|---|---|---|
| Reliance Industries Limited | Added | +11.6% | 4.58% |
| TVS Motor Company Limited | Reduced | −13.4% | 3.37% |
| Bharti Airtel Limited | Reduced | −3.1% | 3.63% |
| CG Power and Industrial Solutions Limited | Reduced | −24.0% | 2.37% |
| AU Small Finance Bank Limited | Added | +3.0% | 3.07% |
| Kotak Mahindra Bank Ltd | Reduced | −7.1% | 2.39% |
| Axis Bank Limited | Added | +4.6% | 2.53% |
| ICICI Bank Limited | Added | +94.7% | 2.28% |
| One 97 Communications Limited | Reduced | −49.4% | 1.10% |
| Bajaj Finance Ltd | Added | +1.5% | 1.72% |
| Maruti Suzuki India Limited | Added | +4.8% | 1.73% |
| InterGlobe Aviation Limited | Added | +42.3% | 1.74% |
| Mahindra & Mahindra Limited | Added | +11.2% | 1.53% |
| Vodafone Idea Limited | Reduced | −1.4% | 1.34% |
| Steel Authority of India Limited | Reduced | −4.8% | 1.23% |
| Grasim Industries Limited | Reduced | −74.7% | 0.29% |
| Larsen & Toubro Limited | Added | +52.3% | 1.19% |
| Adani Enterprises Limited | Reduced | −5.6% | 1.11% |
| State Bank of India | Added | +18.1% | 1.11% |
| Inox Wind Limited | Reduced | −4.1% | 0.87% |
| IndusInd Bank Limited | Added | +696.1% | 0.75% |
| Bharat Electronics Limited | Reduced | −24.2% | 0.53% |
| PNB Housing Finance Limited | Added | +89.8% | 0.63% |
| PG Electroplast Limited | Added | +19.1% | 0.54% |
| ITC Limited | Added | +2.7% | 0.50% |
| Eternal Limited | Added | +8.6% | 0.43% |
| Bajaj Finserv Limited | Added | +30.3% | 0.43% |
| Suzlon Energy Limited | Added | +125.2% | 0.37% |
| Angel One Limited | New | New | 0.36% |
| Tata Steel Limited | Added | +4.3% | 0.35% |
| Cipla Limited | Reduced | −0.5% | 0.32% |
| JSW Steel Limited | Added | +13.5% | 0.31% |
| DLF Limited | Reduced | −86.7% | 0.04% |
| Infosys Limited | Added | +13.8% | 0.30% |
| SBI Cards and Payment Services Limited | Added | +3.1% | 0.27% |
| Swiggy Limited | New | New | 0.26% |
| Bank of Baroda | Added | +30.3% | 0.25% |
| Divi's Laboratories Limited | Added | +46.9% | 0.25% |
| Multi Commodity Exchange of India Limited | New | New | 0.24% |
| Tata Consultancy Services Limited | Reduced | −32.4% | 0.13% |
| Hindustan Unilever Limited | Added | +21.3% | 0.19% |
| Asian Paints Limited | Added | +16.9% | 0.18% |
| Apollo Hospitals Enterprise Limited | Reduced | −10.9% | 0.15% |
| Marico Limited | Added | +384.6% | 0.17% |
| Vedanta Limited | Reduced | −2.6% | 0.16% |
| Canara Bank | Added | +28.9% | 0.16% |
| LIC Housing Finance Limited | Added | +26.7% | 0.15% |
| Hindustan Aeronautics Limited | Added | +26.8% | 0.14% |
| Havells India Limited | Sold out | −100% | was 0.14% |
| KFin Technologies Limited | Sold out | −100% | was 0.12% |
| PB Fintech Limited | Sold out | −100% | was 0.09% |
| Prestige Estates Projects Limited | Sold out | −100% | was 0.09% |
| Hindalco Industries Limited | Added | +57.7% | 0.08% |
| Lupin Limited | Added | +22.2% | 0.08% |
| Coforge Limited | Added | +75.0% | 0.08% |
| Hero MotoCorp Limited | New | New | 0.07% |
| Amber Enterprises India Limited | Sold out | −100% | was 0.07% |
| Premier Energies Limited | New | New | 0.06% |
| GAIL (India) Limited | New | New | 0.05% |
| Polycab India Limited | Added | +225.0% | 0.04% |
| Dabur India Limited | Reduced | −57.9% | 0.01% |
| Tata Consumer Products Limited | New | New | 0.03% |
| Oil & Natural Gas Corporation Limited | Added | +375.0% | 0.03% |
| Hindustan Petroleum Corporation Limited | New | New | 0.02% |
| Titan Company Limited | New | New | 0.01% |
| NTPC Limited | New | New | 0.01% |
| Page Industries Limited | Sold out | −100% | was 0.01% |
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 | |
|---|---|---|---|
| Kotak MSCI India ETFETF · Kotak Mahindra | 45.1% | 93 | Compare |
| Aditya Birla Sun Life Msci India ETFETF · Aditya Birla Sun Life | 45.1% | 93 | Compare |
| DSP MSCI India ETFETF · DSP | 45.1% | 93 | Compare |
| Groww NIFTY 200 ETFETF · Groww | 44.9% | 106 | Compare |
| 360 ONE MSCI India ETFETF · 360 ONE | 44.7% | 93 | Compare |
| SBI BSE 100 ETFETF · SBI | 43.7% | 72 | Compare |
| Franklin India Arbitrage FundArbitrage · Franklin Templeton | 42.6% | 99 | Compare |
| JioBlackRock Sector Rotation FundThematic · Jio BlackRock | 42.5% | 108 | 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 | Reinvestment Payout | ₹11.2002 | 30-10-2026 |
| direct | Growth | ₹11.3664 | 30-10-2026 |
| regular | Reinvestment Payout | ₹11.0048 | 30-10-2026 |
| regular | Growth | ₹11.1699 | 30-10-2026 |
Motilal Oswal Arbitrage Fund is a mutual fund from Motilal Oswal Mutual Fund. Its category is Arbitrage. It was launched on 23-12-2024. Its benchmark is Nifty 50 Arbitrage TRI. At the end of September 2026 it held 139 securities.
Vishal Ashar
Fund manager of Motilal Oswal Arbitrage Fund, since 23-12-2024
Atul Mehra
Fund manager of Motilal Oswal Arbitrage Fund, since 23-12-2024
Rakesh Shetty
Fund manager of Motilal Oswal Arbitrage Fund, since 23-12-2024
See all funds of Motilal Oswal 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 ₹11.3664. The Regular plan NAV is ₹11.1699, as on 30-10-2026.
The Direct plan returned +6.98% in 1 year. The Regular plan returned +5.94% in 1 year. These figures are as on 30-10-2026.
The Direct plan charges 0.99% a year. The Regular plan charges 1.98% a year. This is the figure the fund house reported to AMFI, in force from 01-10-2026.
Motilal Oswal Arbitrage Fund managed ₹3,434.03 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
At the end of September 2026 the largest holdings were Motilal Oswal Liquid Fund - Direct Growth (7.13%), HDFCBANK (5.41%), RELIANCE (4.58%), BHARTIARTL (3.63%), CHOLAFIN (3.49%). The fund held 139 securities in all.
It bought 10 new stocks: Swiggy Limited, Hindustan Petroleum Corporation Limited, Premier Energies Limited, GAIL (India) Limited, Hero MotoCorp Limited. It sold out of 6: KFin Technologies Limited, Havells India Limited, Amber Enterprises India Limited, PB Fintech Limited, Page Industries Limited. It added shares in 35. It reduced 17.
Through Motilal Oswal 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 ₹500. You can invest once or through a monthly SIP.
Vishal Ashar (since 23-12-2024), Atul Mehra (since 23-12-2024), Rakesh Shetty (since 23-12-2024).
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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