ArbitrageDirect and Regular plans, Growth and IDCW options
Data as on 30-10-2026
Old Bridge Arbitrage Fund is an Arbitrage fund run by Old Bridge Mutual Fund. On 30-09-2026, it managed ₹254 Cr of investors' money.
NAV on 30-10-2026: Direct Plan Growth ₹10.62 (up 0.12% that day); Regular Plan Growth ₹10.53 (up 0.12% 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) | +0.55% | +1.49% | +3.19% | -- | -- | -- | -- |
| This fund (Regular) | +0.48% | +1.26% | +2.75% | -- | -- | -- | -- |
| 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 | 19/39 | 26/38 | 21/38 | -- | -- | -- | -- |
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.
| Year | Direct | Regular |
|---|---|---|
| 2026to date | +5.31% | +4.56% |
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 |
| Old Bridge Arbitrage Fund | -- | 254 | 1.09% | -- | -- | -- | -- | -- | -- |
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 | 0.12% | 0.11% | 0.04% | 0.82% | 1.09% | 1.45% | 6/39 |
| Regular | 0.84% | 0.11% | 0.04% | 0.95% | 1.94% | 2.08% | 9/38 |
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
79.4%Equity
| Asset | Fund | Category |
|---|---|---|
| Equity | 79.4% | 71.6% |
| Debt | 11.5% | 9.0% |
| Cash and others | 9.1% | 19.5% |
| Market cap | Fund | Category |
|---|---|---|
| Large Cap | 64.1% | 54.0% |
| Mid Cap | 13.3% | 14.1% |
| Small Cap | 1.9% | 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 | 11.5% | 2.9% |
Sector allocation of the fund's stocks as on 30-09-2026
Banks22.2%
Finance7.5%
Telecom - Services7.5%
Petroleum Products5.5%
Ferrous Metals4.4%
Pharmaceuticals & Biotechnology4.2%
Capital Markets2.7%
Power2.5%
Electrical Equipment2.3%
Cement & Cement Products2.0%
The ten largest of 37 sectors. The other 27 add up to 18.6%.
| Sector | July 2026 | August 2026 | September 2026 | Change |
|---|---|---|---|---|
| Banks | 21.5% | 25.3% | 22.2% | +0.7% |
| Finance | 6.3% | 4.7% | 7.5% | +1.2% |
| Telecom - Services | 9.3% | 8.8% | 7.5% | −1.8% |
| Petroleum Products | 4.6% | 6.7% | 5.5% | +0.9% |
| Ferrous Metals | 4.8% | 4.3% | 4.4% | −0.4% |
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 · 97 holdings · from the fund house's monthly portfolio
| Holdings | Sector / Rating | Weight% | Holdings trend | 1M change |
|---|---|---|---|---|
| 364 Days Tbill (MD 13/05/2027) · Treasury bill | SOVEREIGN | 5.70% | ||
| Reliance Industries Limited | Petroleum Products | 5.43% | 0.0% | |
| ICICI Bank Limited | Banks | 5.25% | +16.1% | |
| HDFC Bank Limited | Banks | 4.76% | 0.0% | |
| Indus Towers Limited | Telecom - Services | 3.73% | 0.0% | |
| Bharti Airtel Limited | Telecom - Services | 3.72% | 0.0% | |
| Shriram Finance Limited | Finance | 2.97% | +2225.0% | |
| Tata Steel Limited | Ferrous Metals | 2.44% | +32.6% | |
| Axis Bank Limited | Banks | 2.36% | 0.0% | |
| IDFC First Bank Limited | Banks | 2.23% | +15.4% | |
| 182 Days Tbill (MD 19/11/2026) · Treasury bill | SOVEREIGN | 1.96% | ||
| 364 Days Tbill (MD 17/12/2026) · Treasury bill | SOVEREIGN | 1.95% | ||
| 182 Days Tbill (MD 04/02/2027) · Treasury bill | SOVEREIGN | 1.93% | ||
| Bharat Heavy Electricals Limited | Electrical Equipment | 1.93% | 0.0% | |
| HDFC Asset Management Company Limited | Capital Markets | 1.89% | 0.0% | |
| Glenmark Pharmaceuticals Limited | Pharmaceuticals & Biotechnology | 1.76% | 0.0% | |
| Tata Power Company Limited | Power | 1.52% | 0.0% | |
| JSW Steel Limited | Ferrous Metals | 1.47% | +7.3% | |
| Punjab National Bank | Banks | 1.46% | 0.0% | |
| UltraTech Cement Limited | Cement & Cement Products | 1.36% | 0.0% | |
| State Bank of India | Banks | 1.33% | 0.0% | |
| Tata Consumer Products Limited | Agricultural Food & other Products | 1.30% | 0.0% | |
| Divi's Laboratories Limited | Pharmaceuticals & Biotechnology | 1.28% | 0.0% | |
| Jio Financial Services Limited | Finance | 1.23% | 0.0% | |
| Hindalco Industries Limited | Non - Ferrous Metals | 1.22% | +4.4% | |
| Hindustan Aeronautics Limited | Aerospace & Defense | 1.21% | 0.0% | |
| Canara Bank | Banks | 1.18% | 0.0% | |
| LIC Housing Finance Limited | Finance | 1.11% | 0.0% | |
| Apollo Hospitals Enterprise Limited | Healthcare Services | 1.05% | 0.0% | |
| Varun Beverages Ltd | Beverages | 0.96% | +100.0% | |
| Bank of Baroda | Banks | 0.90% | 0.0% | |
| APL Apollo Tubes Limited | Industrial Products | 0.88% | +11.5% | |
| Power Finance Corporation Limited | Finance | 0.88% | New | |
| HDFC Life Insurance Company Limited | Insurance | 0.84% | 0.0% | |
| The Indian Hotels Company Limited | Leisure Services | 0.83% | +3.6% | |
| Multi Commodity Exchange of India Limited | Capital Markets | 0.82% | New | |
| Larsen & Toubro Limited | Construction | 0.80% | 0.0% | |
| Bajaj Finserv Limited | Finance | 0.80% | 0.0% | |
| Coal India Limited | Consumable Fuels | 0.79% | 0.0% | |
| The Federal Bank Limited | Banks | 0.72% | 0.0% | |
| Swiggy Limited | Retailing | 0.65% | New | |
| Crompton Greaves Consumer Electricals Limited | Consumer Durables | 0.64% | 0.0% | |
| Power Grid Corporation of India Limited | Power | 0.60% | −13.9% | |
| Kotak Mahindra Bank Ltd | Banks | 0.59% | 0.0% | |
| Sun Pharmaceutical Industries Limited | Pharmaceuticals & Biotechnology | 0.58% | +35.3% | |
| Hindustan Unilever Limited | Diversified FMCG | 0.56% | 0.0% | |
| Biocon Limited | Pharmaceuticals & Biotechnology | 0.55% | +36.4% | |
| Bank of India | Banks | 0.51% | 0.0% | |
| Bharat Forge Limited | Auto Components | 0.49% | New | |
| Bajaj Finance Ltd | Finance | 0.48% | 0.0% | |
| Jindal Steel Limited | Ferrous Metals | 0.48% | 0.0% | |
| GAIL (India) Limited | Gas | 0.48% | 0.0% | |
| Dabur India Limited | Personal Products | 0.47% | 0.0% | |
| Ambuja Cements Limited | Cement & Cement Products | 0.44% | 0.0% | |
| Asian Paints Limited | Consumer Durables | 0.43% | 0.0% | |
| Fortis Healthcare Limited | Healthcare Services | 0.42% | 0.0% | |
| NTPC Limited | Power | 0.42% | 0.0% | |
| Yes Bank Limited | Banks | 0.39% | +15.4% | |
| GMR Airports Limited | Transport Infrastructure | 0.39% | 0.0% | |
| ITC Limited | Diversified FMCG | 0.38% | 0.0% | |
| DLF Limited | Realty | 0.33% | −45.8% | |
| NMDC Limited | Minerals & Mining | 0.29% | 0.0% | |
| CG Power and Industrial Solutions Limited | Electrical Equipment | 0.29% | 0.0% | |
| Union Bank of India | Banks | 0.27% | 0.0% | |
| Godrej Properties Limited | Realty | 0.25% | 0.0% | |
| IndusInd Bank Limited | Banks | 0.25% | +100.0% | |
| Godrej Consumer Products Limited | Personal Products | 0.25% | 0.0% | |
| Bharat Electronics Limited | Aerospace & Defense | 0.24% | 0.0% | |
| Grasim Industries Limited | Cement & Cement Products | 0.21% | 0.0% | |
| Pidilite Industries Limited | Chemicals & Petrochemicals | 0.20% | 0.0% | |
| UPL Limited | Fertilizers & Agrochemicals | 0.20% | +40.0% | |
| Marico Limited | Agricultural Food & other Products | 0.19% | +66.7% | |
| ICICI Prudential Life Insurance Company Limited | Insurance | 0.18% | 0.0% | |
| Eternal Limited | Retailing | 0.18% | New | |
| Ashok Leyland Limited | Agricultural, Commercial & Construction Vehicles | 0.15% | 0.0% | |
| Oil & Natural Gas Corporation Limited | Oil | 0.14% | 0.0% | |
| Infosys Limited | IT - Software | 0.14% | New | |
| Delhivery Limited | Transport Services | 0.13% | 0.0% | |
| Colgate Palmolive (India) Limited | Personal Products | 0.11% | New | |
| Info Edge India Ltd | Retailing | 0.11% | New | |
| Hero MotoCorp Limited | Automobiles | 0.09% | 0.0% | |
| United Spirits Limited | Beverages | 0.09% | 0.0% | |
| SRF Limited | Chemicals & Petrochemicals | 0.08% | New | |
| The Phoenix Mills Limited | Realty | 0.08% | 0.0% | |
| Mahindra & Mahindra Limited | Automobiles | 0.07% | 0.0% | |
| Adani Ports and Special Economic Zone Limited | Transport Infrastructure | 0.07% | 0.0% | |
| Maruti Suzuki India Limited | Automobiles | 0.07% | −82.3% | |
| Container Corporation of India Limited | Transport Services | 0.07% | 0.0% | |
| Inox Wind Limited | Electrical Equipment | 0.05% | 0.0% | |
| SBI Life Insurance Company Limited | Insurance | 0.05% | 0.0% | |
| Aurobindo Pharma Limited | Pharmaceuticals & Biotechnology | 0.04% | 0.0% | |
| Cholamandalam Investment and Finance Company Limited | Finance | 0.04% | 0.0% | |
| AU Small Finance Bank Limited | Banks | 0.04% | 0.0% | |
| InterGlobe Aviation Limited | Transport Services | 0.03% | 0.0% | |
| Indian Energy Exchange Limited | Capital Markets | 0.02% | 0.0% | |
| Bharat Petroleum Corporation Limited | Petroleum Products | 0.02% | 0.0% | |
| PB Fintech Limited | Financial Technology (Fintech) | 0.01% | 0.0% |
All changes are between August 2026 and September 2026
| ICICI Bank Limited | Added | +16.1% | 5.25% |
|---|---|---|---|
| Shriram Finance Limited | Added | +2225.0% | 2.97% |
| Tata Steel Limited | Added | +32.6% | 2.44% |
| IDFC First Bank Limited | Added | +15.4% | 2.23% |
| JSW Steel Limited | Added | +7.3% | 1.47% |
| Hindalco Industries Limited | Added | +4.4% | 1.22% |
| Varun Beverages Ltd | Added | +100.0% | 0.96% |
| The Indian Hotels Company Limited | Added | +3.6% | 0.83% |
| APL Apollo Tubes Limited | Added | +11.5% | 0.88% |
| Power Finance Corporation Limited | New | New | 0.88% |
| Multi Commodity Exchange of India Limited | New | New | 0.82% |
| Power Grid Corporation of India Limited | Reduced | −13.9% | 0.60% |
| DLF Limited | Reduced | −45.8% | 0.33% |
| Swiggy Limited | New | New | 0.65% |
| Sun Pharmaceutical Industries Limited | Added | +35.3% | 0.58% |
| Biocon Limited | Added | +36.4% | 0.55% |
| Maruti Suzuki India Limited | Reduced | −82.3% | 0.07% |
| Bharat Forge Limited | New | New | 0.49% |
| Yes Bank Limited | Added | +15.4% | 0.39% |
| IndusInd Bank Limited | Added | +100.0% | 0.25% |
| UPL Limited | Added | +40.0% | 0.20% |
| Marico Limited | Added | +66.7% | 0.19% |
| Eternal Limited | New | New | 0.18% |
| Infosys Limited | New | New | 0.14% |
| Colgate Palmolive (India) Limited | New | New | 0.11% |
| Info Edge India Ltd | New | New | 0.11% |
| SRF Limited | New | New | 0.08% |
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 | |
|---|---|---|---|
| SBI Arbitrage FundArbitrage · SBI | 48.1% | 92 | Compare |
| Kotak MSCI India ETFETF · Kotak Mahindra | 48.1% | 83 | Compare |
| Aditya Birla Sun Life Msci India ETFETF · Aditya Birla Sun Life | 48.1% | 83 | Compare |
| DSP MSCI India ETFETF · DSP | 48.1% | 83 | Compare |
| 360 ONE MSCI India ETFETF · 360 ONE | 47.8% | 83 | Compare |
| Groww NIFTY 200 ETFETF · Groww | 46.6% | 88 | Compare |
| SBI BSE 100 ETFETF · SBI | 46.4% | 66 | Compare |
| HDFC Arbitrage FundArbitrage · HDFC | 45.6% | 90 | 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 | ₹10.6203 | 30-10-2026 |
| direct | IDCW | ₹10.6203 | 30-10-2026 |
| regular | Growth | ₹10.5328 | 30-10-2026 |
| regular | IDCW | ₹10.5328 | 30-10-2026 |
Old Bridge Arbitrage Fund is a mutual fund from Old Bridge Mutual Fund. Its category is Arbitrage. It was launched on 13-11-2025. Its benchmark is Nifty 50 Arbitrage TRI. At the end of September 2026 it held 97 securities.
Kenneth Joseph Andrade
Fund manager of Old Bridge Arbitrage Fund, since 13-11-2025
See all funds of Old Bridge 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 ₹10.6203. The Regular plan NAV is ₹10.5328, as on 30-10-2026.
The Direct plan charges 1.09% a year. The Regular plan charges 1.94% a year. This is the figure the fund house reported to AMFI, in force from 01-10-2026.
Old Bridge Arbitrage Fund managed ₹253.68 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
At the end of September 2026 the largest holdings were 364 Days Tbill (MD 13/05/2027) (5.70%), RELIANCE (5.43%), ICICIBANK (5.25%), HDFCBANK (4.76%), INDUSTOWER (3.73%). The fund held 97 securities in all.
It bought 9 new stocks: Infosys Limited, Swiggy Limited, Power Finance Corporation Limited, Colgate Palmolive (India) Limited, Bharat Forge Limited. It added shares in 15. It reduced 3.
Through Old Bridge 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.
Kenneth Joseph Andrade (since 13-11-2025).
Exit load of 0.25%, if redeemed within 7 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.
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