Low-risk trades between two share prices
Past returns do not tell you future returns. Tap a dotted word to see what it means.
Against Nifty 50 Arbitrage Index
This fund's price history here starts on 3 Jan 2022, so its longest figures run from then.
| Return | This fund | Similar funds | Rank | |
|---|---|---|---|---|
| 1 month | +0.7% | — | — | — |
| 3 months | +1.3% | — | — | — |
| 6 months | +3.0% | — | — | — |
| 1 year | +6.2% | +7.4% | +6.0% | 10 of 34 |
| 3 years, a year | +6.4% | +7.5% | +6.5% | 19 of 27 |
| 5 years, a year | — | +6.8% | +6.0% | — |
| Since 3 Jan 2022, a year | +6.0% | — | — | — |
Every one-year and three-year stretch in its history (): how many ended up, the worst, the typical and the best.
What an investment in this fund would be worth today
₹10,000 on the first price of each month, valued at the NAV of 3 Nov 2026. Past returns do not tell you future returns.
59 monthly instalments from 3 Jan 2022, valued at the NAV of 3 Nov 2026. A yearly return of 6.3%.
How bumpy it has been, and how far it has fallen
How widely the price swung (volatility). Lower is steadier.
The deepest drop from a high before it recovered (drawdown).
Return above cash for each unit of bumpiness. Higher is better.
Like Sharpe, counting only the falls.
52-week range: ₹14.70 (7 Nov 2025) to ₹15.61 (3 Nov 2026). Now at its high.
Its yearly expense ratio, and how much money it manages
Of the 1.69%, 0.82% is the fund house's fee and 0.87% is trading costs and taxes, which move from month to month with the fund's buying and selling.
The fund house raised its fee from 0.81% to 0.82% on 11 Sept 2026. Every expense ratio change in September 2026
The expense ratio is taken out of the fund every day, so the NAV and every return on this page are already after it. How the expense ratio works
111 holdings, as of 30 Sept 2026
| Sundaram Money Market Fund-Direct Plan - Growth | 9.58% | +0.3% | — |
| HDFC Bank Ltd Banks | 7.96% | +0.1% | — |
| Reliance Industries Ltd Petroleum Products | 7.56% | -0.7% | — |
| Ashok Leyland Ltd Agricultural, Commercial & Construction Vehicles | 6.28% | -0.4% | — |
| Bajaj Finance Ltd Finance | 6.16% | -0.4% | — |
| Sundaram Liquid Fund - Direct Growth | 5.61% | +2.0% | — |
| 364 Days - T Bill - 25/02/2027 Sovereign | 5.44% | +0.2% | — |
| ICICI Bank Ltd Banks | 5.27% | -0.4% | — |
| TREPS | 5.07% | +0.7% | — |
| Bharti Airtel Ltd Telecom - Services | 4.42% | -0.0% | — |
| Axis Bank Ltd Banks | 2.87% | -0.1% | — |
| NMDC Ltd Minerals & Mining | 2.80% | -0.3% | — |
| Larsen & Toubro Ltd Construction | 2.46% | -0.1% | — |
| UPL Ltd Fertilizers & Agrochemicals | 2.20% | -0.0% | — |
| 7.38% Central Government Securities 20/06/2027 Sovereign | 1.87% | +0.1% | — |
| ITC Ltd Diversified Fmcg | 1.84% | +0.3% | — |
| TVS Motor Company Ltd Automobiles | 1.84% | -0.1% | — |
| 360 ONE WAM Ltd (Prev IIFL Wealth Management Ltd) - 21/01/2027 CRISIL A1+ | 1.81% | +0.1% | — |
| 364 Days - T Bill - 13/05/2027 Sovereign | 1.79% | +0.1% | — |
| Hindalco Industries Ltd Non - Ferrous Metals | 1.42% | -0.1% | — |
| Mahindra & Mahindra Ltd Automobiles | 1.40% | -0.1% | — |
| Eternal Ltd (Previously Zomato Ltd) Retailing | 1.38% | +0.4% | — |
| Kotak Mahindra Bank Ltd Banks | 1.21% | -0.3% | — |
| Marico Ltd Agricultural Food & Other Products | 1.17% | -0.0% | — |
| 364 Days - T Bill - 10/12/2026 Sovereign | 0.92% | +0.0% | — |
| The Indian Hotels Company Ltd Leisure Services | 0.78% | +0.0% | — |
| ICICI Lombard General Insurance Company Ltd Insurance | 0.78% | +0.0% | — |
| Power Finance Corporation Ltd Finance | 0.70% | 0.0% | — |
| Tata Steel Ltd Ferrous Metals | 0.70% | -0.1% | — |
| Swiggy Ltd Retailing | 0.69% | — | New |
| One 97 Communications Ltd Financial Technology (Fintech) | 0.68% | — | New |
| Tech Mahindra Ltd It - Software | 0.56% | — | New |
| Jio Financial Services Ltd Finance | 0.49% | -0.0% | — |
| Bank of Baroda Banks | 0.44% | 0.0% | — |
| Bandhan Bank Ltd Banks | 0.42% | +0.1% | — |
| Adani Ports and Special Economic Zone Ltd Transport Infrastructure | 0.40% | +0.1% | — |
| Havells India Ltd Consumer Durables | 0.38% | +0.1% | — |
| Max Financial Services Ltd Insurance | 0.36% | -0.5% | — |
| RBL Bank Ltd Banks | 0.36% | +0.0% | — |
| Angel One Ltd Capital Markets | 0.36% | — | New |
| Lodha Developers Ltd Realty | 0.36% | — | New |
| Bharat Dynamics Ltd Aerospace & Defense | 0.35% | — | New |
| Astral Ltd Industrial Products | 0.35% | — | New |
| Fortis Health Care Ltd Healthcare Services | 0.33% | -0.1% | — |
| Divis Laboratories Ltd Pharmaceuticals & Biotechnology | 0.33% | 0.0% | — |
| Ather Energy Limited Automobiles | 0.30% | — | New |
| KPIT Technologies Ltd It - Software | 0.29% | -0.2% | — |
| Maruti Suzuki India Ltd Automobiles | 0.23% | -0.0% | — |
| Adani Green Energy Ltd Power | 0.20% | +0.0% | — |
| Kaynes Technology India Ltd Industrial Manufacturing | 0.20% | — | New |
| Coal India Ltd Consumable Fuels | 0.19% | +0.0% | — |
| Dabur India Ltd Personal Products | 0.18% | 0.0% | — |
| Amber Enterprises India Ltd Consumer Durables | 0.17% | — | New |
| Ambuja Cements Ltd Cement & Cement Products | 0.14% | -0.0% | — |
| Cipla Ltd Pharmaceuticals & Biotechnology | 0.06% | -0.3% | — |
| Bharat Electronics Ltd Aerospace & Defense | 0.02% | 0.0% | — |
| Indian Energy Exchange Ltd Capital Markets | 0.02% | 0.0% | — |
| Indian Energy Exchange Ltd OCT-2026 Stock Future | -0.02% | — | New |
| Bharat Electronics Ltd OCT-2026 Stock Future | -0.02% | — | New |
| Larsen & Toubro Ltd OCT-2026 Stock Future | -0.04% | 0.0% | — |
| Cipla Ltd OCT-2026 Stock Future | -0.06% | — | New |
| Gujarat Ambuja Cement Co.Ltd OCT-2026 Stock Future | -0.14% | — | New |
| Amber Enterprises India Ltd OCT-2026 Stock Future | -0.17% | — | New |
| Dabur India Ltd - Equity OCT-2026 Stock Future | -0.18% | — | New |
| Coal India Ltd OCT-2026 Stock Future | -0.19% | — | New |
| Kaynes Technology India Ltd OCT-2026 Stock Future | -0.19% | — | New |
| Adani Green Energy Ltd OCT-2026 Stock Future | -0.20% | — | New |
| Maruti Suzuki India Ltd OCT-2026 Stock Future | -0.23% | — | New |
| HDFC Bank Ltd NOV-2026 Stock Future | -0.24% | — | New |
| KPIT Technologies Limited OCT-2026 Stock Future | -0.29% | — | New |
| Ather Energy Ltd OCT-2026 Stock Future | -0.30% | — | New |
| Divis Labarotories Ltd OCT-2026 Stock Future | -0.33% | — | New |
| Fortis Health Care Ltd OCT-2026 Stock Future | -0.33% | — | New |
| Astral Ltd (Prev Astral Poly Technik Ltd) OCT-2026 Stock Future | -0.35% | — | New |
| Bharat Dynamics Ltd OCT-2026 Stock Future | -0.35% | — | New |
| Lodha Developers Ltd (formerly known as Macrotech Developers Ltd) OCT-2026 Stock Future | -0.35% | — | New |
| Max Financial Services Ltd (Prev: Max India Ltd) OCT-2026 Stock Future | -0.36% | — | New |
| Angel One Ltd (Prev: Angel Broking Ltd) OCT-2026 Stock Future | -0.36% | — | New |
| RBL Bank Ltd OCT-2026 Stock Future | -0.36% | — | New |
| Havells India Ltd OCT-2026 Stock Future | -0.38% | — | New |
| Adani Ports & SEZ Ltd OCT-2026 Stock Future | -0.39% | — | New |
| Bandhan Bank Ltd OCT-2026 Stock Future | -0.42% | — | New |
| Bank of Baroda OCT-2026 Stock Future | -0.44% | — | New |
| Jio Financial Services Ltd (Prev Reliance Strategic Investments Ltd) OCT-2026 Stock Future | -0.49% | -0.5% | — |
| Reliance Industries Ltd NOV-2026 Stock Future | -0.50% | — | New |
| Tech Mahindra Ltd OCT-2026 Stock Future | -0.56% | — | New |
| One 97 Communications Ltd OCT-2026 Stock Future | -0.68% | — | New |
| Swiggy Ltd OCT-2026 Stock Future | -0.69% | — | New |
| Tata Steel Ltd OCT-2026 Stock Future | -0.70% | — | New |
| Power Finance Corporation Ltd OCT-2026 Stock Future | -0.71% | — | New |
| ICICI Lombard General Insurance Company Ltd OCT-2026 Stock Future | -0.77% | -0.0% | — |
| Indian Hotels Company Ltd OCT-2026 Stock Future | -0.79% | — | New |
| Marico Ltd (Pre Marico Industries Ltd) OCT-2026 Stock Future | -1.19% | — | New |
| Kotak Mahindra Bank Ltd OCT-2026 Stock Future | -1.21% | -1.1% | — |
| Bajaj Finance Ltd NOV-2026 Stock Future | -1.26% | — | New |
| Eternal Ltd ( Previously named as Zomato Ltd ) OCT-2026 Stock Future | -1.38% | — | New |
| Mahindra & Mahindra Ltd NOV-2026 Stock Future | -1.41% | — | New |
| Hindalco Industries Ltd OCT-2026 Stock Future | -1.43% | -1.3% | — |
| ITC Ltd OCT-2026 Stock Future | -1.85% | -1.3% | — |
| TVS Motor Company Ltd OCT-2026 Stock Future | -1.86% | — | New |
| UPL Lmited (Previously )United Phosphorous Ltd OCT-2026 Stock Future | -2.20% | — | New |
| Larsen & Toubro Ltd NOV-2026 Stock Future | -2.43% | — | New |
| NMDC LTD OCT-2026 Stock Future | -2.80% | — | New |
| Axis Bank Ltd OCT-2026 Stock Future | -2.88% | — | New |
| Cash and Other Net Current Assets | -3.55% | -3.9% | — |
| Bharti Airtel Ltd OCT-2026 Stock Future | -4.44% | +0.2% | — |
| Bajaj Finance Ltd OCT-2026 Stock Future | -4.95% | -3.5% | — |
| ICICI Bank Ltd OCT-2026 Stock Future | -5.30% | -1.7% | — |
| Ashok Leyland Ltd OCT-2026 Stock Future | -6.34% | — | New |
| Reliance Industries Ltd OCT-2026 Stock Future | -7.09% | -6.2% | — |
| HDFC Bank Ltd OCT-2026 Stock Future | -7.80% | -7.5% | — |
The share of the fund in its ten largest holdings. The higher it is, the more the fund depends on a few of them.
Share of the fund in large, mid and small companies, as AMFI classifies them.
From the fund house's monthly portfolio disclosure.
Between the portfolios of 31 Aug 2026 and 30 Sept 2026, the fund added 10 holdings and left 3; 12 holdings gained weight and 16 lost weight.
The weight of today's ten largest holdings in each of the last 6 portfolios.
| Holding | Apr 2026 | May 2026 | Jun 2026 | Jul 2026 | Aug 2026 | Sep 2026 |
|---|---|---|---|---|---|---|
| Sundaram Money Market Fund-Direct Plan - Growth | 2.4% | 4.4% | 9.4% | 9.2% | 9.3% | 9.6% |
| HDFC Bank Ltd | 5.3% | 5.9% | 7.6% | 8.3% | 7.9% | 8.0% |
| Reliance Industries Ltd | 6.0% | 5.3% | 7.2% | 8.5% | 8.3% | 7.6% |
| Ashok Leyland Ltd | — | 6.0% | 5.1% | 6.3% | 6.6% | 6.3% |
| Bajaj Finance Ltd | 6.8% | 6.2% | 5.3% | 7.1% | 6.6% | 6.2% |
| Sundaram Liquid Fund - Direct Growth | 3.7% | 3.5% | 4.1% | 1.8% | 3.6% | 5.6% |
| 364 Days - T Bill - 25/02/2027 | 6.5% | 6.1% | 4.5% | 5.3% | 5.3% | 5.4% |
| ICICI Bank Ltd | 3.9% | 3.6% | 4.8% | 5.8% | 5.6% | 5.3% |
| Bharti Airtel Ltd | 1.0% | 4.3% | 3.9% | 4.9% | 4.4% | 4.4% |
| Axis Bank Ltd | 3.1% | 3.0% | 2.6% | 2.8% | 3.0% | 2.9% |
Equity, debt and cash, and today's 5 largest sectors, in each of the last 6 portfolios.
| Share of the fund | Apr 2026 | May 2026 | Jun 2026 | Jul 2026 | Aug 2026 | Sep 2026 |
|---|---|---|---|---|---|---|
| Equity | 70.2% | 72.4% | 71.0% | 73.9% | 69.9% | 70.0% |
| Debt | 17.6% | 14.5% | 12.0% | 14.2% | 12.4% | 11.8% |
| Cash and other | -58.1% | -59.9% | -54.4% | -62.3% | -52.9% | -53.7% |
| Largest sectors | ||||||
| Banks | 20.6% | 19.8% | 20.7% | 19.8% | 19.3% | 18.5% |
| Petroleum Products | 6.0% | 5.3% | 7.2% | 8.5% | 8.3% | 7.6% |
| Finance | 11.0% | 8.8% | 8.1% | 9.6% | 7.8% | 7.3% |
| Agricultural, Commercial & Construction Vehicles | — | 6.0% | 5.1% | 6.3% | 6.6% | 6.3% |
| Telecom - Services | 1.0% | 4.3% | 3.9% | 4.9% | 4.4% | 4.4% |
Overlap is the part of two portfolios that is the same, by weight: 100% would be identical.
Check its overlap with any fund, by holdings, industry and sector
The largest funds with the same mandate
Sundaram Arbitrage Fund Sundaram | +6.2% | +6.4% | — | 1.69% | ₹577 cr |
Kotak Arbitrage Fund Kotak Mahindra | +6.2% | +6.8% | +6.4% | 0.82% | ₹76,293 cr |
| +6.2% | +6.7% | +6.3% | 1.98% | ₹46,331 cr | |
ICICI Prudential Arbitrage Fund ICICI Prudential | +6.2% | +6.7% | +6.2% | 2.16% | ₹35,437 cr |
Invesco India Arbitrage Fund Invesco | +6.3% | +6.8% | +6.5% | 2.82% | ₹32,122 cr |
Aditya Birla Sun Life Arbitrage Fund Aditya Birla Sun Life | +6.1% | +6.7% | +6.1% | 1.94% | ₹27,855 cr |
| +6.2% | +6.7% | +6.2% | 2.02% | ₹25,913 cr | |
| +6.1% | +6.6% | +6.1% | 2.25% | ₹24,735 cr | |
Nippon India Arbitrage Fund Nippon India | +6.2% | +6.6% | +6.1% | 2.04% | ₹18,226 cr |
Edelweiss Arbitrage Fund Edelweiss | +6.1% | +6.7% | +6.2% | 2.20% | ₹14,156 cr |
| +6.2% | +6.8% | +6.2% | 1.79% | ₹10,909 cr |
The NAV of the Regular Growth plan was ₹15.61 on 3 Nov 2026.
It returned +6.2% over the last year, +6.4% a year over three years. Over three years its benchmark, Nifty 50 Arbitrage Index, returned +7.5% a year. Past returns do not indicate future returns.
On 3 Nov 2026: started 3 years ago, ₹3.6 lakh put in would be worth ₹3.96 lakh, +6.2% a year. That is ₹10,000 on the first price of each month. Past returns do not tell you future returns.
As of 30 Sept 2026: Sundaram Money Market Fund-Direct Plan - Growth (9.6%), HDFC Bank Ltd (8.0%), Reliance Industries Ltd (7.6%), Ashok Leyland Ltd (6.3%), Bajaj Finance Ltd (6.2%). It held 111 investments in all.
Over the last three years its NAV fell as much as -0.5% from a high before recovering; over the last year, -0.5%.
1.69% a year, against a typical 2.03% in its category. It is taken out of the fund daily, so the NAV and returns are after it.
It manages ₹577 cr as of 2 Nov 2026.
Its riskometer level is Low, on SEBI's six-step scale from Low to Very High. Its NAV's volatility over the last year was 1.6%.
Nifty 50 Arbitrage Index.
On 28 Mar 2016.