Tata Arbitrage Fund


As on 30th September 2026

Type of Scheme: The scheme invests in equity and equity related instruments that tries to take advantage of the difference in prices of a security in the cash segment and derivatives segment by turning market volatility to its advantage.

Product labelling: • Investments predominantly in arbitrage opportunities in the cash and derivative segments of the equity markets and by investing the balance in debt and money market instruments. • Income over a short term investment horizon

Date of Inception / Allotment

18 December 2018

Benchmark Name

Nifty 50 Arbitrage Index

NAV as on September 30,2026
Regular Plan - Growth Option : ₹ 15.4216
Regular Plan - Daily IDCW option : ₹ 14.7413
Direct Plan - Growth Option : ₹ 16.3797
Direct Plan - Daily IDCW Option : ₹ 15.7356

AUM as on September 30,2026 : ₹ 24,539.33 Cr
AAUM as on September 30,2026 : ₹ 24,804.26 Cr

Fund Manager Details

Name of Fund Managers
• Mr. Sailesh Jain

Total Experience : 23
Managing Since : 10-Dec-2018

Minimum Investment

Lumpsum Amount : Rs. 5,000/- and in multiples of Re. 1/- thereafter.
SIP : Rs. 150/- and in multiples of Re. 1/- thereafter.

Load Structure

Exit Load: 0.25 % of the applicable NAV, if redeemed/switched out/withdrawn on or before expiry of 15 Days from the date of allotment
Base Expense Ratio**

Regular plan : : 0.91%
Direct plan : : 0.26%
Risk Measures*

1Standard Deviation (%)0.50
2Beta0.58
3Tracking Error (%)
1 yearNA
3 yearsNA
4 Sharpe Ratio (%) 2.77
5 Tracking Difference (%)
1 yearNA
3 yearsNA
5 yearNA
Since InceptionNA
6 Information Ratio NA
* Please refer detail description in Description/inference of the Quantitative/Risk Measures in tabular format

NA stands for “Not Applicable”
**Note: The rates specified are actual month end BER charged as on 31st May 2026. The above ratio excludes other expenses charged under TER. For more details kindly refer to the TER disclosure on website. https://www.tatamutualfund.com/expenseratio/ total-expense-ratio

Compounded Annualised Returns Scheme Returns % - Regular Scheme Returns % - Direct Benchmark Returns %
Returns for last 1 year 6.01 6.82 7.33
Returns for last 3 years 6.64 7.47 7.42
Returns for last 5 years 6.03 6.86 6.69
Returns since inception 5.72 6.54 5.88

Performance as on September 30,2026.


Top 10 Holdings % to Net Assets
1 HDFC Bank Ltd. 7.89%
2 ICICI Bank Ltd. 4.34%
3 Reliance Industries Ltd. 4.28%
4 Axis Bank Ltd. 2.36%
5 Vodafone Idea Ltd. 1.50%
6 Steel Authority Of India Ltd. 1.31%
7 Bharti Airtel Ltd. 1.27%
8 State Bank Of India 1.21%
9 Indus Towers Ltd. 1.21%
10 Jio Financial Services Ltd 1.20%

1 Portfolio Turnover Ratio (Annualized)
a) Equity Turnover (%) 275.52
b) Gross Exposure Turnover 1409.69
(Equity + Debt + Derivatives)
2 Average Maturity (years): 0.38
3 Macaulay Duration (years): 0.38
4 Modified Duration (years): 0.37
5 Annualized Portfolio Yield (%): NA
6 Yield to Maturity (%) 6.88

* Please refer detail description in Description/inference of the Quantitative/Risk Measures in tabular format
NA stands for “Not Applicable”

1 Spread Compression Risk
2 Interest Rate Portfolio Risk
3 Regulatory Risk
4 Interest rate risk

*with a detailed explanation in the Important Link Section

Scheme Riskometer
Tata Arbitrage Fund

Benchmark Riskometer
Nifty 50 Arbitrage Index

Detailed Investment in Securities
Allocation of Net Asset by Sectors
Allocation of Net Asset by Asset Class
Allocation of Net Assets by Credit Rating
Allocation of Net Assets by region/country

Major Changes w.r.t previous month –

Name of securities added Name of securities deleted/reduced Total Weightage in %
Adani Ports and Special Economic Zone Ltd. 0.50%
Jindal Steel & Power Ltd. 0.28%
Jindal Steel Ltd. 0.16%
Swiggy Ltd. 0.14%
Polycab India Ltd. 0.12%
Power Grid Corporation Of India Ltd. 0.08%
United Spirits Ltd. 0.03%
Trent Ltd. 0.03%
Radico Khaitan Ltd. 0.03%
Zydus Lifesciences Ltd. 0.02%

Change in Previous Month Current Month
Direct 0.26% 0.26%
Regular 0.91% 0.91%

Name of security Rating
Previous Month		 Rating
Current Month
NA NA NA

Fund Name Previous Month Current Month
Scheme Riskometer Low Low

Sr. No. Quantitative Measures/Risk Measures Brief description/ Inference of the Quantitative measure
1 Standard Deviation Measures the volatility of the fund
2 Beta Shows fund's sensitivity to market movements
3 Sharpe Ratio Evaluates the excess return generated per unit of risk
4 Tracking Error Indicates how closely fund tracks the Benchmark
5 Tracking Difference Difference between the fund and its benchmark return
6 Portfolio Turnover Ratio Indicates how actively the portfolio changes
7 Average Maturity Weighted average residual maturity
8 Macaulay Duration Fund's sensitivity to interest rate changes
9 Modified Duration Fund's sensitivity to interest rate changes
10 Annualized Portfolio Yield Total income generated by the portfolio
11 Yield to Maturity weighted average expected annual return


Additional Disclosure by AMC

The investment objective of the Scheme is to seek to generate reasonable returns by investing predominantly in arbitrage opportunities in the cash and derivatives segments of the equity markets and by investing balance in debt and money market instruments. There is no assurance that the objective of the Scheme will be realised and the Scheme does not assure or guarantee any returns.

Large Cap 77.22%
Mid Cap 18.62%
Small Cap 4.17%
Market Capitalisation is as per list provided by AMFI.

Past Performance is not an indicator or guarantee of future results