# Sundaram Arbitrage Fund

Sundaram Asset Management Company Ltd · Arbitrage · Regular plan, Growth

Full page with charts: https://discovermf.com/funds/sundaram-arbitrage-fund-149552
Figures as of 3 Nov 2026, from DiscoverMF. Information, not investment advice. Past returns do not indicate future returns. Mutual fund investments are subject to market risks; read all scheme-related documents carefully.

## In short

- **What it invests in:** Low-risk trades between two share prices. Its latest portfolio: 70% shares, 12% bonds and money market and 2% cash.
- **₹10,000 a month:** For the last 3 years: ₹3.6 lakh put in, worth ₹3.96 lakh on 3 Nov 2026.
- **Next to similar funds:** Over the last 3 years it earned 6.4% a year; similar funds earned 6.5% a year on average.
- **How bumpy:** Low: prices barely move. It made money in 100 of every 100 one-year stretches.
- **Expense ratio:** 1.69% a year. Similar funds: 2.03% on average.

Past returns do not tell you future returns.

## Key facts

- **NAV:** ₹15.61 on 3 Nov 2026
- **Fund size:** ₹577 cr (2 Nov 2026)
- **Expense ratio:** 1.69% a year (typical in its category 2.03%)
- **Riskometer:** Low
- **Benchmark:** Nifty 50 Arbitrage Index
- **Category:** [Arbitrage](https://discovermf.com/categories/arbitrage.md)
- **Fund house:** [Sundaram Asset Management Company Ltd](https://discovermf.com/fund-houses/sundaram)
- **Launched:** 28 Mar 2016 (prices here start 3 Jan 2022)
- **AMFI scheme code:** 149552

## Returns

| Period | Fund | Category average | Benchmark | Rank in category |
| --- | --- | --- | --- | --- |
| 1 month | +0.7% | — | — | — |
| 3 months | +1.3% | — | — | — |
| 6 months | +3.0% | — | — | — |
| 1 year | +6.2% | +6.0% | +7.4% | 10 of 34 |
| 3 years (a year) | +6.4% | +6.5% | +7.5% | 19 of 27 |
| 5 years (a year) | — | +6.0% | +6.8% | — |
| Since 3 Jan 2022 (a year) | +6.0% | — | — | — |

### Calendar years

| Year | Fund | Benchmark |
| --- | --- | --- |
| 2026 | +5.1% | +6.2% |
| 2025 | +6.2% | — |
| 2024 | +7.1% | — |
| 2023 | +6.8% | — |

### A ₹10,000 monthly SIP

On the first price of each month, valued at the NAV of 3 Nov 2026.

| Started | Put in | Worth | Yearly return (XIRR) |
| --- | --- | --- | --- |
| 3 years ago | ₹3.6 lakh | ₹3.96 lakh | +6.2% |

## Risk

| Measure | Fund | Category average |
| --- | --- | --- |
| Volatility, last year | 1.6% | 1.5% |
| Worst fall, last year | -0.5% | — |
| Worst fall, last 3 years | -0.5% | — |
| Sharpe ratio, 3 years | 0.44 | — |
| Sortino ratio, 3 years | 0.66 | — |
| Beta, 3 years | — | — |
| Alpha, 3 years | — | — |

## Portfolio, September 2026

111 holdings. Equity 70.0%, Debt 11.8%, Cash and equivalents 1.5%, Other -55.2%.

### Largest holdings

| Holding | Sector or type | Weight |
| --- | --- | --- |
| Sundaram Money Market Fund-Direct Plan - Growth | Fund | 9.58% |
| HDFC Bank Ltd | Banks | 7.96% |
| Reliance Industries Ltd | Petroleum Products | 7.56% |
| Ashok Leyland Ltd | Agricultural, Commercial & Construction Vehicles | 6.28% |
| Bajaj Finance Ltd | Finance | 6.16% |
| Sundaram Liquid Fund - Direct Growth | Fund | 5.61% |
| 364 Days - T Bill - 25/02/2027 | Money_market | 5.44% |
| ICICI Bank Ltd | Banks | 5.27% |
| TREPS | Cash | 5.07% |
| Bharti Airtel Ltd | Telecom - Services | 4.42% |

### Largest sectors

| Sector | Weight |
| --- | --- |
| Banks | 18.5% |
| Petroleum Products | 7.6% |
| Finance | 7.4% |
| Agricultural, Commercial & Construction Vehicles | 6.3% |
| Telecom - Services | 4.4% |