DSP Arbitrage Fund Direct - Growth

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

The DSP Arbitrage Fund Direct - Growth is a 7 yrs 9 m old fund and has delivered average annual returns of 6.18% since inception. DSP Arbitrage Fund Direct - Growth Returns 1-Year 3-Year 5-Year Since Inception 6.89% 7.63% 6.18% 6.18%

NAV as of Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹15.93+0.02% 1 day change	6.18% p.a.	App exclusive #NA View Ranked Funds	₹5,986 Cr

Historical NAV & returns

NAV: ₹15.93 as on Oct 20, 2025

This fund Category average

DSP Arbitrage Fund overview

Expense ratio	0.35% as on Sep 30, 2025
Exit load	0.25% Exit Load for units in excess of 10% of the investment,0.25% will be charged for redemption within 30 days.!
AUM (Fund size)	₹5,986 Cr
Lock-in Period	Nil
Age	7 yrs 9 m since Jan 15, 2018
Benchmark	NIFTY 50 Arbitrage TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
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%

DSP 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	0.56%	0.56%
3 Months	1.36%	1.37%
6 Months	2.89%	2.9%
1 Year	6.89%	6.9%
2 Years	7.5%	7.48%
3 Years	7.63%	7.54%
4 Years	6.72%	6.7%
5 Years	6.18%	6.18%
7 Years	6.15%	6.08%

Asset allocationas on Sep 30, 2025

Large Cap -0.3%

Mid Cap -0.12%

Small Cap -0.03%

Other Cap -0%

Top holdings

Reliance Industries Ltd.2.91%

Tata Consultancy Services Ltd.2.54%

HDFC Bank Ltd.2.3%

Kotak Mahindra Bank Ltd.2.03%

Top sectors

Financial 24.870000000000005%

Energy 6.010000000000001%

Services 5.209999999999999%

Consumer Staples 4.98%

Cash 69.59597511%

A1+ 17.31910925%

AAA 9.10136339%

SOV 1.56044136%

Top Debt Holdings

Union Bank of India 2.86%

National Bank For Agriculture & Rural Development 2.58%

HDFC Bank Ltd. 1.6%

LIC Housing Finance Ltd. 1.33%

Allocation by Instruments

Cash Margin 69.59597511%

Mutual Fund 9.9761257%

Certificate of Deposit 8.132588049999999%

Debenture 6.578480150000001%

Other Holdings

DSP Savings Fund Direct Plan-Growth 9.98%

Others 1.23%

Detailed portfolio analysis

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

Alpha	1.49 vs. 2.62 Underperformed at beating benchmark
Sharpe	2.65 vs. 2.65 Better risk-adjusted return
Beta	0.26 vs. 1.35 Less sensitive to market ups & downs
Standard deviation	0.39 vs. 0.31 More volatile performance

Compare DSP Arbitrage Fund in detail with

About this fund

About DSP Arbitrage Fund

DSP Arbitrage Fund Direct - Growth is a Arbitrage mutual fund scheme from Dsp Mutual Fund. This fund has been in existence for 7 yrs 9 m, having been launched on 15/01/2018. DSP Arbitrage Fund Direct - Growth has ₹5,986 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 DSP Arbitrage Fund Direct - Growth as of 20/10/2025 is ₹15.93. The fund has an expense ratio of 0.35%, which is close to what most other Arbitrage funds charge. Currently, the fund has a -0.46% allocation to equity and 29.41% to Debt.

DSP Arbitrage Fund Direct - Growth returns of last 1-year are 7.15%. Since launch, it has delivered 6.20% average annual returns.
DSP Arbitrage Fund Direct - Growth 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, Energy, Services, Consumer Staples 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 DSP Savings Fund Direct Plan-Growth, Reliance Industries Ltd., National Bank For Agriculture & Rural Development, Tata Consultancy Services Ltd., HDFC Bank Ltd..

...

Fund AUM	5,986 Cr as on Sep 30, 2025
Scheme document	View Scheme Document

Fund managers

Karan Mundhra

Mr. Mundra is a B. COM. and Charted Accountant (CA) He is working with DSP Mutual Fund since april 2012, he has Over 9 years of experience.

Kaivalya Nadkarni

Ms. Nadkarni has done B.Com, CA, CS and CFA Prior to joining ICICI Prudential Mutual Fund, she has worked with RSN & Company and G.M.Kapadia & Co

Investment objective

The Scheme seeks to generate income through arbitrage opportunities between cash and derivative market and arbitrage opportunities within the derivative market.

DSP Mutual Fund details

No. of schemes	54 view all schemes
Total AUM	2,12,960 Cr as on Sep 30, 2025
Address	NATRAJ, Office No. 302-3rd Floor-Plot No. 194, MV Road Junction Western Express Highway, Andheri East Mumbai, 400069
Phone	1800-208-4499 / 1800-200-4499

More funds from DSP Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
DSP Aggressive Hybrid Fund	N.A.	11,565 Cr	7.95%	18.38%
DSP Dynamic Asset Allocation Fund	N.A.	3,532 Cr	8.63%	12.1%
DSP Equity Savings Fund	N.A.	3,773 Cr	6.73%	11.98%
DSP Regular Savings Fund	N.A.	178 Cr	7.82%	9.97%
DSP Multi Asset Allocation Fund	N.A.	4,400 Cr	17.64%	N.A.

See all Hybrid funds from this AMC

Frequently asked questions

What is the current NAV of DSP Arbitrage Fund Direct - Growth?

The current Net Asset Value (NAV) of the DSP Arbitrage Fund - Direct Growth plan is approximately ₹15.93 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The DSP Arbitrage Fund Direct - Growth is a 7 yrs 9 m old fund and has delivered average annual returns of 6.18% since inception.

DSP Arbitrage Fund Direct - Growth Returns

1-Year	3-Year	5-Year	Since Inception
6.89%	7.63%	6.18%	6.18%

How much does this mutual fund charge as expense ratio?

The DSP Arbitrage Fund - Direct Growth has an expense ratio of 0.35%, 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 DSP Arbitrage Fund currently has assets under management (AUM) or fund size valued at approximately 5,986 Cr as on Sep 30, 2025.

What is risk level of DSP 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 do I invest in DSP Arbitrage Fund Direct - Growth?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. The whole process takes just a few minutes. Here's how it works:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for DSP Arbitrage Fund - Direct Growth, select your investment mode (lump sum or SIP), and enter the investment amount.
Provide the required details, including the bank account you'll use for payment, and confirm your investment.

That's it. Your investment in the DSP Arbitrage Fund is complete.

How can I redeem my investments in DSP Arbitrage Fund?

Redeeming your investments in the DSP 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 Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit Load for units in excess of 10% of the investment,0.25% will be charged for redemption within 30 days.