Bandhan Arbitrage Fund

Q: What are the returns of this mutual fund scheme?

The Bandhan Arbitrage Fund is a 18 yrs 11 m old fund and has delivered average annual returns of 6.5% since inception. Bandhan Arbitrage Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 6.24% 6.96% 5.57% 5.65% 6.5%

Q: How much does this mutual fund charge as expense ratio?

The Bandhan Arbitrage Fund has an expense ratio of 1.08% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹32.9681+0.01% 1 day change	6.5% p.a.	App exclusive #NA View Ranked Funds	₹8,561 Cr

Historical NAV & returns

NAV: ₹32.9681 as on Oct 20, 2025

This fund Category average

Bandhan Arbitrage Fund overview

AUM (Fund size)	₹8,561 Cr
Exit load	0.25% Exit load of 0.25% if redeemed within 15 days.!
Lock-in Period	Nil
Age	18 yrs 11 m since Nov 14, 2006
Benchmark	NIFTY 50 Arbitrage TRI
Min. investment	SIP: ₹1000 & Lumpsum: ₹5000
Expense ratio	1.08% as on Sep 30, 2025
Plan type	Regular
Risk	Low
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Bandhan Arbitrage Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Oct 25, 2025

Period	This fund	Category average
1 Month	0.48%	0.51%
3 Months	1.16%	1.2%
6 Months	2.51%	2.55%
1 Year	6.24%	6.2%
2 Years	6.89%	6.76%
3 Years	6.96%	6.82%
4 Years	6.1%	5.99%
5 Years	5.57%	5.48%
7 Years	5.48%	5.42%
10 Years	5.65%	5.68%

Asset allocationas on Sep 30, 2025

Large Cap -0.29%

Mid Cap -0.14%

Small Cap -0.03%

Other Cap -0%

Top holdings

HDFC Bank Ltd.4.36%

Reliance Industries Ltd.4.05%

ICICI Bank Ltd.3.08%

Vodafone Idea Ltd.2.56%

Top sectors

Financial 29.20999999999999%

Services 6.199999999999999%

Energy 5.54%

Metals & Mining 5.22%

Cash 73.61931835%

A1+ 13.043955%

AAA 7.43521425%

SOV 4.50269665%

Top Debt Holdings

Bajaj Housing Finance Ltd. 1.75%

Rajasthan State 0.61%

Tamilnadu State 0.34%

Bajaj Finance Ltd. 0.3%

Allocation by Instruments

Cash Margin 73.61931835%

Mutual Fund 20.728764400000003%

Reverse Repo 2.64064975%

Non Convertible Debenture 2.1624092299999997%

Other Holdings

Bandhan Money Manager Fund Direct-Growth 12.32%

Bandhan Low Duration Fund Direct-Growth 5.34%

Bandhan Ultra Short Term Fund Direct-Growth 2.75%

Others 2.64%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Bandhan Arbitrage Fund	0.48%	2.51%	6.24%	6.96%	5.57%	5.65%
Invesco India Arbitrage Fund	0.53%	2.68%	6.4%	7.14%	5.86%	5.8%
Tata Arbitrage Fund	0.5%	2.67%	6.4%	6.97%	5.63%	3.87%
ICICI Prudential Equity Arbitrage Fund	0.54%	2.66%	6.45%	7.03%	5.71%	5.79%
Edelweiss Arbitrage Fund	0.5%	2.6%	6.4%	7.04%	5.74%	5.85%
Axis Arbitrage Fund	0.5%	2.59%	6.32%	6.89%	5.62%	5.68%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Bandhan Arbitrage Fund	0.41	0.35	0.98	1.46
Invesco India Arbitrage Fund	0.39	0.16	1.52	2.58
Tata Arbitrage Fund	0.39	0.3	1.04	1.61
ICICI Prudential Equity Arbitrage Fund	0.41	0.33	1.13	1.67
Edelweiss Arbitrage Fund	0.43	0.27	1.11	1.86
Axis Arbitrage Fund	0.42	0.31	0.77	1.12

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Bandhan Arbitrage Fund	N.A.	8,561 Cr	18 yrs 11 m	1.08%
Invesco India Arbitrage Fund	N.A.	27,023 Cr	18 yrs 6 m	1.06%
Tata Arbitrage Fund	N.A.	19,150 Cr	6 yrs 10 m	1.09%
ICICI Prudential Equity Arbitrage Fund	N.A.	32,573 Cr	18 yrs 11 m	0.95%
Edelweiss Arbitrage Fund	N.A.	16,053 Cr	11 yrs 4 m	1.07%
Axis Arbitrage Fund	N.A.	7,578 Cr	11 yrs 3 m	1.02%

View all Arbitrage funds

Key risk & return ratios Compared to other funds in the category

Alpha	1.04 vs. 1.89 Underperformed at beating benchmark
Sharpe	0.98 vs. 1.89 Poor risk-adjusted returns
Beta	0.35 vs. 0.36 Less sensitive to market ups & downs
Standard deviation	0.41 vs. 0.31 More volatile performance

Compare Bandhan Arbitrage Fund in detail with

About this fund

About Bandhan Arbitrage Fund

Bandhan Arbitrage Fund is a Arbitrage mutual fund scheme from Bandhan Mutual Fund. This fund has been in existence for 18 yrs 11 m, having been launched on 14/11/2006. Bandhan Arbitrage Fund has ₹8,561 Crores worth of assets under management (AUM) as on 30/09/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Bandhan Arbitrage Fund as of 20/10/2025 is ₹32.97. The fund has an expense ratio of 1.08%, which is higher than what most other Arbitrage funds charge. Currently, the fund has a -0.46% allocation to equity and 25.35% to Debt.

Bandhan Arbitrage Fund returns of last 1-year are 6.48%. Since launch, it has delivered 6.54% average annual returns. The fund has doubled the money invested in it every 12 yrs.
Bandhan Arbitrage Fund scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
The fund's equity portion is primarily invested in Financial, Unclassified, Services, Energy, Metals & Mining sectors. It has taken less exposure in Financial, Unclassified sectors compared to other funds in the category.
The debt portion of the fund has low credit quality indicating the quality of borrowers it has lent it to is not too great.
The fund's top 5 holdings are in Bandhan Money Manager Fund Direct-Growth, Bandhan Low Duration Fund Direct-Growth, HDFC Bank Ltd., Reliance Industries Ltd., ICICI Bank Ltd..

...

Fund AUM	8,561 Cr as on Sep 30, 2025
Scheme document	View Scheme Document

Fund managers

Harshal Joshi

Mr. Joshi is PGDBM from N.L. Dalmia Institute of Management Studies and Research, Mumbai Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund) in 2008 he has worked with ICAP India Pvt. Ltd.

Nemish Sheth

Mr. Sheth is a B.Com, PGDM(FINANCE) Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund), he has worked with Nippon Life India Asset Management Ltd. and ICICI Prudential Asset Management Company Ltd.

Kapil Kankonkar

Bachelor of Engineering, Master of Management Studies. Prior to joining the Bandhan AMC, he was associated with Kotak Securities Ltd, JM Financial Services Ltd,

Investment objective

The scheme aims to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and the derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market instruments.

Bandhan Mutual Fund details

No. of schemes	68 view all schemes
Total AUM	1,87,716 Cr as on Sep 30, 2025
Address	One World Centre, 6th Floor, Tower 1C, Senapati Bapat Marg, Prabhadevi Mumbai, 400013

More funds from Bandhan Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Bandhan Asset Allocation Aggressive	N.A.	19 Cr	6.97%	14.65%
Bandhan Asset Allocation Moderate	N.A.	19 Cr	7.09%	11.51%
Bandhan Balanced Advantage Fund	N.A.	2,263 Cr	6.02%	10.64%
Bandhan Equity Savings Fund	N.A.	355 Cr	5.92%	8.11%
Bandhan Asset Allocation Conservative	N.A.	6 Cr	7.23%	7.98%
Bandhan Conservative Hybrid Fund	N.A.	102 Cr	5.78%	6.58%

See all Hybrid funds from this AMC

Frequently asked questions

What is the current NAV of Bandhan Arbitrage Fund?

The current Net Asset Value (NAV) of the Bandhan Arbitrage Fund plan is approximately ₹32.9681 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The Bandhan Arbitrage Fund is a 18 yrs 11 m old fund and has delivered average annual returns of 6.5% since inception.

Bandhan Arbitrage Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
6.24%	6.96%	5.57%	5.65%	6.5%

How much does this mutual fund charge as expense ratio?

The Bandhan Arbitrage Fund has an expense ratio of 1.08%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The Bandhan Arbitrage Fund currently has assets under management (AUM) or fund size valued at approximately 8,561 Cr as on Sep 30, 2025.

What is risk level of Bandhan Arbitrage Fund?

This is a Arbitrage fund comes with Low risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in Bandhan Arbitrage Fund?

Redeeming your investments in the Bandhan Arbitrage Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Arbitrage

#NA

Return Outperformance: This fund has generated highest return amongst Arbitrage funds in the last 10 Years.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 0.25% if redeemed within 15 days.