Question 1

How many Arbitrage Fund mutual funds are there in India?

Accepted Answer

There are 35 Arbitrage Fund mutual funds with full portfolio disclosure data tracked on Asset Sadhu, sourced from monthly AMFI filings.

Question 2

How many stocks do Arbitrage Fund funds typically hold?

Accepted Answer

On average, Arbitrage Fund funds hold around 115 stocks. Individual funds range from more concentrated portfolios to highly diversified ones within the same SEBI category mandate.

Question 3

Which Arbitrage Fund fund has the most diversified portfolio?

Accepted Answer

Among Arbitrage Fund funds, Mirae Asset Arbitrage Fund by Mirae Asset Mutual Fund has one of the most diversified portfolios with a top-5 concentration of 18.43%.

Question 4

Which Arbitrage Fund fund is most concentrated?

Accepted Answer

Samco Arbitrage Fund by Samco Mutual Fund has the highest concentration among Arbitrage Fund funds, with the top 5 holdings accounting for 51.65% of NAV.

Question 5

Which Arbitrage Fund fund is the most actively managed?

Accepted Answer

PGIM India Arbitrage Fund by PGIM Mutual Fund has the highest Active Share (100.00%) among Arbitrage Fund funds, meaning it takes the most differentiated positions relative to its category peers.

Question 6

What is the SEBI mandate for Arbitrage Fund funds?

Accepted Answer

Arbitrage Fund is a SEBI-defined mutual fund category. Funds in this category must follow specific investment guidelines set by SEBI regarding market cap allocation, diversification, and portfolio composition. Asset Sadhu tracks portfolio data for all 35 funds in this category using monthly AMFI disclosures.

Fund	Holdings	Top 5 Wt.	Active Share	Large	Mid	Small	Gini
Aditya Birla Sun Life Arbitrage Fund Aditya Birla Sun Life Mutual Fund	194	28.21%	47.64%	43.62%	17.23%	3.47%	0.641
Axis Arbitrage Fund Axis Mutual Fund	166	28.67%	47.32%	46.29%	14.49%	3.78%	0.637
Bajaj Finserv Arbitrage Fund Bajaj Finserv Mutual Fund	120	43.38%	84.92%	43.49%	16.77%	6.69%	0.706
Bandhan Arbitrage Fund Bandhan Mutual Fund	160	35.34%	52.44%	39.07%	17.58%	7.69%	0.706
Bank of India Arbitrage Fund Bank of India Mutual Fund	35	33.32%	78.46%	39.73%	15.89%	11.01%	0.351
Baroda BNP Paribas Arbitrage Fund Baroda BNP Paribas Mutual Fund	94	38.98%	70.78%	27.88%	21.92%	13.76%	0.707
DSP Arbitrage fund DSP Mutual Fund	157	24.76%	46.96%	42.51%	15.61%	5.53%	0.576
Edelweiss Arbitrage Fund Edelweiss Mutual Fund	210	21.91%	53.99%	38.72%	19.58%	4.72%	0.620
Franklin India Arbitrage Fund Franklin Templeton Mutual Fund	119	29.03%	57.05%	51.74%	12.49%	3.02%	0.671
HDFC Arbitrage Fund HDFC Mutual Fund	178	26.71%	49.61%	53.09%	9.60%	1.57%	0.669
ICICI Prudential Equity Arbitrage Fund ICICI Prudential Mutual Fund	182	31.34%	50.99%	43.33%	16.06%	3.13%	0.657
Invesco India Arbitrage Fund Invesco Mutual Fund	183	23.72%	56.15%	41.49%	18.74%	2.32%	0.658
ITI Arbitrage Fund ITI Mutual Fund	40	27.77%	69.58%	33.40%	19.62%	8.51%	0.423
JioBlackRock Arbitrage Fund JioBlackRock Mutual Fund	81	31.24%	64.32%	46.66%	11.54%	1.01%	0.683
JM Arbitrage Fund JM Financial Mutual Fund	126	20.90%	49.24%	49.72%	17.81%	4.77%	0.597
Kotak Arbitrage Fund Kotak Mutual Fund	187	27.82%	48.27%	48.32%	15.87%	2.45%	0.629
LIC MF Arbitrage Fund LIC Mutual Fund	45	42.43%	67.62%	55.30%	5.83%	0.48%	0.654
Mahindra Manulife Arbitrage Fund Mahindra Manulife Mutual Fund	26	42.76%	97.28%	62.43%	3.17%	—	0.442
Mirae Asset Arbitrage Fund Mirae Asset Mutual Fund	182	18.43%	59.20%	43.44%	29.26%	5.37%	0.406
Motilal Oswal Arbitrage Fund Motilal Oswal Mutual Fund	112	34.03%	97.62%	45.52%	16.05%	6.65%	0.645
Nippon India Arbitrage Fund Nippon India Mutual Fund	176	30.89%	45.92%	49.20%	14.96%	3.41%	0.688
NJ Arbitrage Fund NJ Mutual Fund	79	32.51%	63.78%	55.23%	11.47%	8.12%	0.604
Old Bridge Arbitrage Fund Old Bridge Mutual Fund	73	23.00%	84.01%	52.44%	15.81%	2.37%	0.544
Parag Parikh Arbitrage Fund PPFAS Mutual Fund	72	37.15%	64.05%	50.85%	9.11%	2.39%	0.614
PGIM India Arbitrage Fund PGIM Mutual Fund	25	50.65%	100.00%	59.08%	6.54%	3.03%	0.471
Quant Arbitrage Fund quant Mutual Fund	53	34.63%	73.71%	42.69%	25.48%	3.54%	0.463
Samco Arbitrage Fund Samco Mutual Fund	18	51.65%	65.36%	56.04%	7.47%	—	0.424
SBI Arbitrage Opportunities Fund SBI Mutual Fund	185	26.06%	44.75%	49.72%	15.63%	3.49%	0.625
Sundaram Arbitrage Fund Sundaram Mutual Fund	41	30.70%	72.57%	53.05%	13.62%	1.63%	0.434
Tata Arbitrage Fund Tata Mutual Fund	164	28.44%	54.44%	42.65%	15.40%	3.19%	0.621
The Wealth Company Arbitrage Fund The Wealth Company Mutual Fund	50	42.12%	69.30%	48.26%	18.15%	0.77%	0.601
TRUSTMF Arbitrage Fund Trust Mutual Fund	—	—	—	—	—	—	—
Union Arbitrage Fund Union Mutual Fund	69	34.50%	56.30%	54.40%	11.25%	1.78%	0.489
UTI Arbitrage Fund UTI Mutual Fund	162	28.92%	52.39%	38.33%	18.17%	6.14%	0.680
WhiteOak Capital Arbitrage Fund WhiteOak Capital	149	21.40%	66.36%	42.02%	24.26%	2.87%	0.536