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    Sundaram Arbitrage Fund

    ArbitrageDirect and Regular plans, Growth and IDCW options

    Data as on 30-10-2026

    Sundaram Arbitrage Fund is an Arbitrage fund run by Sundaram Mutual Fund. On 30-09-2026, it managed ₹539 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 7.2% a year and its Regular plan returned 6.4% a year.

    NAV (Direct plan)
    ₹16.60
    ▲ 0.19%30-10-2026
    NAV (Regular plan)
    ₹15.58
    ▲ 0.19%30-10-2026
    Expense ratio
    0.97%Direct1.70%Regular
    Riskometer
    Low
    Set by the fund house
    3 year return
    7.2%Direct6.4%Regular

    Sundaram Arbitrage Fund NAV Today

    NAV on 30-10-2026: Direct Plan Growth ₹16.60 (up 0.19% that day); Regular Plan Growth ₹15.58 (up 0.19% that day).

    Sundaram 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
    Period1M3M6M1Y3Y5Y10Y
    This fund (Direct)+0.59%+1.56%+3.29%+6.83%+7.22%----
    This fund (Regular)+0.53%+1.37%+2.91%+6.04%+6.42%----
    Arbitrage average+0.56%+1.52%+3.20%+6.62%+7.18%----
    Best in Arbitrage+0.73%+1.71%+3.63%+7.56%+7.46%----
    Worst in Arbitrage+0.45%+1.28%+2.60%+5.24%+6.42%----
    Rank in Arbitrage9/398/3810/386/3315/25----

    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.

    Sundaram Arbitrage Fund Year-wise Returns

    Return of each calendar year
    YearDirectRegular
    2026to date+5.57%+4.93%
    2025+7.15%+6.19%
    2024+7.81%+7.13%
    2023+7.38%+6.76%

    Sundaram 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 449 periods, one for each trading day from 03-01-2025 to 30-10-2026.

    0%2%4%6%8%
    Feb 2022
    to
    Feb 2025
    Jun 2022
    to
    Jun 2025
    Oct 2022
    to
    Oct 2025
    Jan 2023
    to
    Jan 2026
    May 2023
    to
    May 2026
    Sept 2023
    to
    Sept 2026
    Sundaram Arbitrage Fund (Direct)Category average, 39 Arbitrage funds

    Every holding period at a glance

    PeriodPeriodsMedianLowestHighestWith a lossCategory medianBeat category
    1 year9407.3%4.3%8.1%0%7.2%41%
    2 years6957.4%5.9%7.9%0%7.5%27%
    3 years4497.4%6.5%7.6%0%7.4%16%

    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.

    Sundaram Arbitrage Fund Risk

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

    Risk and return

    MeasureSundaram Arbitrage Fund (Direct)This fundCategory average
    Return (CAGR)+7.22%+7.18%
    Standard deviation1.19%1.07%
    Sharpe ratio1.011.08
    Sortino ratio1.551.65
    Maximum drawdown−0.54% (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.

    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%
    2023202420252026
    Sundaram Arbitrage Fund (Direct)Category average, 39 Arbitrage funds
    Worst fallHigh before itBottomBack at the highTime to climb backBelow its high today
    Sundaram Arbitrage Fund (Direct)−0.54%03-08-202606-08-202601-09-202626 days−0.02%
    Category average−0.45%03-08-202606-08-202624-08-202618 days−0.04%

    From the Direct plan's daily NAV since 03-01-2022, 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.

    Sundaram Arbitrage Fund vs Other Arbitrage Funds

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

    Fund nameRankAUM (Cr)Exp. ratio1Y return3Y return3Y alpha3Y beta3Y Sharpe3Y Sortino
    Invesco India Arbitrage Fund1/2530,3962.20%+6.88%+7.46%----1.322.01Compare
    Kotak Arbitrage Fund2/2575,2752.31%+6.75%+7.43%----1.281.96Compare
    Tata Arbitrage Fund2/2524,5391.57%+6.77%+7.43%----1.392.16Compare
    Aditya Birla Sun Life Arbitrage Fund4/2526,9331.23%+6.75%+7.40%----1.292.00Compare
    Edelweiss Arbitrage Fund5/2514,2501.53%+6.66%+7.37%----1.271.98Compare
    Sundaram Arbitrage Fund15/255390.97%+6.83%+7.22%----1.011.55

    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.

    Sundaram Arbitrage Fund Expense Ratio and Costs

    What each plan charges a year, in force from 22-10-2026

    PlanBase expense ratioBrokerageTransaction costsLevies and GSTTotal expense ratioArbitrage medianCost rank (1 = cheapest)
    Direct0.19%0.10%0.03%0.65%0.97%1.45%1/39
    Regular0.82%0.10%0.03%0.75%1.70%2.08%4/38

    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 lastRegularDirectDirect earned more by₹1 lakh became (Regular)₹1 lakh became (Direct)
    1 year6.04%6.83%0.79%₹1,06,040₹1,06,830
    3 years6.42%7.22%0.80% a year₹1,20,523₹1,23,261

    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.

    Sundaram 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 03-01-2022 to 30-10-2026: 58 instalments, ₹5,80,000 in all.

    InvestmentInvestedValue nowGainReturn a year
    Direct planSundaram Arbitrage Fund (Direct) ₹5,80,000 ₹6,88,780 ₹1,08,780 7.1%
    Regular planSundaram Arbitrage Fund (Regular) ₹5,80,000 ₹6,75,938 ₹95,938 6.3%
    Category averageCategory average, 39 Arbitrage funds ₹5,80,000 ₹6,88,144 ₹1,08,144 7.0%
    ₹0₹2.0 L₹4.0 L₹6.0 L₹8.0 L
    2023202420252026
    Direct planSundaram Arbitrage Fund (Direct)Regular planSundaram 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.

    Sundaram Arbitrage Fund Asset Allocation

    Asset allocation as on 30-09-2026

    What the fund holds

    70.0%Equity

    AssetFundCategory
    Equity70.0%71.6%
    Cash and others18.1%19.5%
    Debt11.8%9.0%

    Market cap of stocks

    Market capFundCategory
    Large Cap50.3%54.0%
    Mid Cap17.7%14.1%
    Small Cap2.1%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.

    Credit rating

    Bonds and money market papers by credit rating, % of the fund. Category: the average of 39 Arbitrage funds.

    RatingFundCategory
    Sovereign10.0%2.9%
    AAA and A1+1.8%5.8%

    Sundaram Arbitrage Fund Sector Allocation

    Sector allocation of the fund's stocks as on 30-09-2026

    Largest sectors

    1. Banks18.5%

    2. Petroleum Products7.6%

    3. Finance7.3%

    4. Agricultural, Commercial & Construction Vehicles6.3%

    5. Telecom - Services4.4%

    6. Automobiles3.8%

    7. Minerals & Mining2.8%

    8. Construction2.5%

    9. Fertilizers & Agrochemicals2.2%

    10. Retailing2.1%

    The ten largest of 31 sectors. The other 21 add up to 12.6%.

    Sector changes

    SectorJuly 2026August 2026September 2026Change
    Banks19.8%19.3%18.5%−1.3%
    Petroleum Products8.5%8.3%7.6%−0.9%
    Finance9.6%7.8%7.3%−2.2%
    Agricultural, Commercial & Construction Vehicles6.3%6.6%6.3%0.0%
    Telecom - Services4.9%4.4%4.4%−0.5%

    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.

    Sundaram Arbitrage Fund Portfolio Holdings

    As on 30-09-2026 · 56 holdings · from the fund house's monthly portfolio

    HoldingsSector / RatingWeight%Holdings trend1M change
    Sundaram Money Market Fund-Direct Plan - Growth9.58%
    HDFC Bank LtdBanks7.96%−1.9%
    Reliance Industries LtdPetroleum Products7.56%−4.5%
    Ashok Leyland LtdAgricultural, Commercial & Construction Vehicles6.28%+4.8%
    Bajaj Finance LtdFinance6.16%0.0%
    Sundaram Liquid Fund - Direct Growth5.61%
    364 Days - T Bill - 25/02/2027 · Treasury billSovereign5.44%
    ICICI Bank LtdBanks5.27%0.0%
    Bharti Airtel LtdTelecom - Services4.42%0.0%
    Axis Bank LtdBanks2.87%0.0%

    Sundaram Arbitrage Fund Stocks Bought and Sold

    All changes are between August 2026 and September 2026

    More
    Stocks bought and sold in September 2026
    Reliance Industries LtdReduced−4.5%7.56%
    HDFC Bank LtdReduced−1.9%7.96%
    Ashok Leyland LtdAdded+4.8%6.28%
    ITC LtdAdded+10.6%1.84%
    Kotak Mahindra Bank LtdReduced−23.5%1.21%
    Eternal Ltd (Previously Zomato Ltd)Added+35.2%1.38%
    Max Financial Services LtdReduced−54.0%0.36%
    Tata Steel LtdReduced−11.9%0.70%
    Swiggy LtdNewNew0.69%
    One 97 Communications LtdNewNew0.68%

    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.

    What Sundaram Arbitrage Fund bought and sold

    Sundaram Arbitrage Fund Portfolio Overlap

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

    FundOverlapHoldings in common
    SBI BSE 100 ETFETF · SBI44.0%30Compare
    Bandhan Nifty 100 Index FundIndex · Bandhan43.7%28Compare
    Bandhan Nifty 50 Index FundIndex · Bandhan42.9%20Compare
    Baroda BNP Paribas Nifty 50 Index FundIndex · Baroda BNP Paribas42.9%20Compare
    Zerodha Nifty 50 Index FundIndex · Zerodha42.9%20Compare
    Nippon India Index Fund - Nifty 50 PlanIndex · Nippon India42.9%20Compare
    SBI NIFTY Index FundIndex · SBI42.9%20Compare
    Edelweiss Nifty 50 Index FundIndex · Edelweiss42.9%20Compare

    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.

    Sundaram Arbitrage Fund Overview

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

    Expense ratio (Direct)
    0.97%
    Expense ratio (Regular)
    1.70%
    Category
    Arbitrage
    Risk
    Low
    Benchmark
    Nifty 50 Arbitrage Index
    Launch date
    01-04-2016
    Minimum additional investment
    ₹100
    AUM
    ₹538.54 Cr (30-09-2026)
    Lock in
    None
    Scheme code (Direct)
    149550
    ISIN (Direct)
    INF173K01NF7
    Scheme code (Regular)
    149552
    ISIN (Regular)
    INF173K01NB6
    NAV history
    From 03-01-2022, 4.8 years
    Minimum investment
    "New Investor/Existing – Rs.100/- for both Monthly IDCW and Growth Option and any amount thereafter under each Plan/ option."
    Exit load
    W.E.F Dec 31, 2021 Upto 25% of Units purchased/ switchin - NIL In excess of the above: 0.25% if redeemed/ SWP/STP within 15 days from the date of allotment. NIL if redeemed /SWP/STP after 15 days from the date of allotment. For redemption or withdrawal by way of SWP after 365 days from the date of allotment - Nil.Generally, the exit load will be calculated on First in First out (FIFO) basis.

    Tax on Sundaram Arbitrage Fund returns

    • Sundaram 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

    PlanOptionNAVAs on
    directGrowth₹16.600130-10-2026
    directIncome Distribution Cum Capital Withdrawal IDCW₹13.495930-10-2026
    regularGrowth₹15.576230-10-2026
    regularIncome Distribution Cum Capital Withdrawal IDCW₹12.876730-10-2026

    About Sundaram Arbitrage Fund

    Sundaram Arbitrage Fund is a mutual fund from Sundaram Mutual Fund. Its category is Arbitrage. It was launched on 01-04-2016. Its benchmark is Nifty 50 Arbitrage Index. At the end of September 2026 it held 56 securities.

    Fund Manager

    • Rohit Seksaria

      Fund manager of Sundaram Arbitrage Fund

    • Kumaresh Ramakrishnan

      Fund manager of Sundaram Arbitrage Fund

    See all funds of Sundaram Mutual Fund

    AUM change

    September 2026
    ₹538.54 Cr
    −2.77% from August 2026
    August 2026
    ₹553.90 Cr
    +0.15% from July 2026
    July 2026
    ₹553.07 Cr
    −14.88% from June 2026

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

    Compare Sundaram Arbitrage Fund with Other Funds

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

    Frequently Asked Questions for Sundaram Arbitrage Fund

    What is the current NAV of Sundaram Arbitrage Fund?

    The Direct plan NAV is ₹16.6001. The Regular plan NAV is ₹15.5762, as on 30-10-2026.

    What are the returns of Sundaram Arbitrage Fund?

    The Direct plan returned +6.83% in 1 year, +7.22% a year over 3 years. The Regular plan returned +6.04% in 1 year, +6.42% a year over 3 years. These figures are as on 30-10-2026.

    What is the expense ratio of Sundaram Arbitrage Fund?

    The Direct plan charges 0.97% a year. The Regular plan charges 1.70% a year. This is the figure the fund house reported to AMFI, in force from 22-10-2026.

    What is the AUM of Sundaram Arbitrage Fund?

    Sundaram Arbitrage Fund managed ₹538.54 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

    What are the top holdings of Sundaram Arbitrage Fund?

    At the end of September 2026 the largest holdings were Sundaram Money Market Fund-Direct Plan - Growth (9.58%), HDFCBANK (7.96%), RELIANCE (7.56%), ASHOKLEY (6.28%), BAJFINANCE (6.16%). The fund held 56 securities in all.

    What did Sundaram Arbitrage Fund buy and sell in September 2026?

    It bought 10 new stocks: Astral Ltd, Swiggy Ltd, Ather Energy Limited, Bharat Dynamics Ltd, Amber Enterprises India Ltd. It sold out of 2: State Bank of India, Coforge Ltd. It added shares in 4. It reduced 7.

    How do I invest in Sundaram Arbitrage Fund?

    Through Sundaram 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 "New Investor/Existing – Rs.100/- for both Monthly IDCW and Growth Option and any amount thereafter under each Plan/ option.". You can invest once or through a monthly SIP.

    Who is the fund manager of Sundaram Arbitrage Fund?

    Rohit Seksaria, Kumaresh Ramakrishnan.

    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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