Invesco India Arbitrage Fund Direct-Growth

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

The Invesco India Arbitrage Fund Direct-Growth is a 13 yrs 1 m old fund and has delivered average annual returns of 6.96% since inception. Invesco India Arbitrage Fund Direct-Growth Returns 1-Year 3-Year 5-Year 10-Year Since Inception 7.05% 7.8% 6.79% 6.49% 6.96%

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹35.8681+0.0% 1 day change	6.96% p.a.	App exclusive #NA View Ranked Funds	₹27,400 Cr

Historical NAV & returns

NAV: ₹35.8681 as on Feb 02, 2026

This fund Category average

Invesco India Arbitrage Fund overview

Expense ratio	0.4% as on Feb 02, 2026
Exit load	0.5% Exit load of 0.50% if redeemed within 15 days!
AUM (Fund size)	₹27,400 Cr
Lock-in Period	Nil
Age	13 yrs 1 m since Jan 01, 2013
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%

Invesco India 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 Feb 03, 2026

Period	This fund	Category average
1 Month	0.51%	0.5%
3 Months	1.81%	1.55%
6 Months	3.3%	2.95%
1 Year	7.05%	6.6%
2 Years	7.49%	7.16%
3 Years	7.8%	7.47%
4 Years	7.35%	6.84%
5 Years	6.79%	6.36%
7 Years	6.45%	6.1%
10 Years	6.49%	6.28%

Asset allocationas on Dec 31, 2025

Large Cap -0.25%

Mid Cap -0.15%

Small Cap -0.03%

Other Cap -0%

Top holdings

HDFC Bank Ltd.4.43%

ICICI Bank Ltd.4.41%

Eternal Ltd.2.82%

Vodafone Idea Ltd.2.35%

Top sectors

Financial 22.740000000000002%

Capital Goods 8.42%

Services 7.78%

Healthcare 5.799999999999999%

Cash & Call Money 84.989631%

A1+ 10.85254%

SOV 2.146093%

AAA 1.334879%

Top Debt Holdings

360 ONE Wealth Ltd. 0.36%

Infina Finance Pvt. Ltd. 0.35%

Bharti Telecom Ltd. 0.19%

Reserve Bank of India 0.18%

Allocation by Instruments

Net Receivables 82.12%

Mutual Fund 14.01%

Reverse Repo 1.22%

Repo 1.1%

Other Holdings

Others 82.12%

Invesco Inida Liquid Fund - Direct Plan 7.18%

Invesco India Money Market Fund Direct-Growth 4.86%

Invesco India Corporate Bond Fund Direct-Growth 0.83%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Invesco India Arbitrage Fund	0.51%	3.3%	7.05%	7.8%	6.79%	6.49%
Tata Arbitrage Fund	0.47%	3.26%	7.12%	7.78%	6.65%	4.62%
Axis Arbitrage Fund	0.51%	3.21%	6.98%	7.63%	6.58%	6.51%
Edelweiss Arbitrage Fund	0.46%	3.17%	6.88%	7.74%	6.67%	6.59%
Aditya Birla Sun Life Arbitrage Fund	0.48%	3.22%	7.09%	7.74%	6.6%	6.45%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Invesco India Arbitrage Fund	0.35	-0.01	4.25	6.36
Tata Arbitrage Fund	0.35	0.06	4.23	6.5
Axis Arbitrage Fund	0.36	0.01	3.69	5.4
Edelweiss Arbitrage Fund	0.38	0.04	3.73	5.55
Aditya Birla Sun Life Arbitrage Fund	0.35	0.05	4.02	5.98

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Invesco India Arbitrage Fund	N.A.	27,400 Cr	13 yrs 1 m	0.4%
Tata Arbitrage Fund	N.A.	20,013 Cr	7 yrs 1 m	0.31%
Axis Arbitrage Fund	N.A.	8,400 Cr	11 yrs 6 m	0.32%
Edelweiss Arbitrage Fund	N.A.	16,270 Cr	11 yrs 7 m	0.39%
Aditya Birla Sun Life Arbitrage Fund	N.A.	25,396 Cr	13 yrs 1 m	0.31%

View all Arbitrage funds

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

Alpha	1.46 vs. 2.77 Underperformed at beating benchmark
Sharpe	4.25 vs. 2.85 Better risk-adjusted return
Beta	-0.01 vs. 1.77 Less sensitive to market ups & downs
Standard deviation	0.35 vs. 0.25 More volatile performance

About this fund

About Invesco India Arbitrage Fund

Invesco India Arbitrage Fund Direct-Growth is a Arbitrage mutual fund scheme from Invesco Mutual Fund. This fund has been in existence for 13 yrs 1 m, having been launched on 01/01/2013. Invesco India Arbitrage Fund Direct-Growth has ₹27,400 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Invesco India Arbitrage Fund Direct-Growth as of 02/02/2026 is ₹35.87. The fund has an expense ratio of 0.4%, which is close to what most other Arbitrage funds charge. Currently, the fund has a -0.43% allocation to equity and 15.36% to Debt.

Invesco India Arbitrage Fund Direct-Growth returns of last 1-year are 7.05%. Since launch, it has delivered 6.96% average annual returns. The fund has doubled the money invested in it every 11 yrs.
Invesco India 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 high.
The fund's equity portion is primarily invested in Financial, Unclassified, Capital Goods, Services, Healthcare 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 Invesco Inida Liquid Fund - Direct Plan, Invesco India Money Market Fund Direct-Growth, HDFC Bank Ltd., ICICI Bank Ltd., Eternal Ltd..

...

Fund AUM	27,400 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Deepak Gupta

Mr. Gupta is a CA, CWA, Cleared CFA level III (AIMR, USA). Prior to joining Invesco Asset Management (India) Pvt. Ltd., He has worked with Emkay Global Financial Services Ltd. and Kotak Asset Management Company Ltd.

Kuber Mannadi

Mr. Mannadi has done Post Graduate Diploma in Security Markets, MBA Prior to joining Invesco India Mutual Fund, he has worked with Sahara Asset Management Company, Wipro Business Process Outsourcing, and Capital IQ Pvt. Ltd.,

Investment objective

The fund aims to generate income by cashing in on arbitrage opportunities emerging out of pricing mismatch between the cash market and the derivatives market.

Invesco Mutual Fund details

No. of schemes	41 view all schemes
Total AUM	1,40,294 Cr as on Dec 31, 2025
Address	B-1001, B Wing, 10th Floor, Marathon Futurex, N. M. Joshi Marg, Lower Parel, Mumbai, Maharashtra Mumbai, 400013
Phone	+91 022-67310000

More funds from Invesco Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Invesco India Aggressive Hybrid Fund	N.A.	828 Cr	2.63%	13.34%
Invesco India Balanced Advantage Fund	N.A.	1,126 Cr	4.87%	11.19%
Invesco India Equity Savings Fund	N.A.	394 Cr	3.49%	9.17%
Invesco India Multi Asset Allocation Fund	N.A.	686 Cr	21.87%	N.A.

See all Hybrid funds from this AMC

Frequently asked questions

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

The current Net Asset Value (NAV) of the Invesco India Arbitrage Fund - Direct Growth plan is approximately ₹35.8681 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The Invesco India Arbitrage Fund Direct-Growth is a 13 yrs 1 m old fund and has delivered average annual returns of 6.96% since inception.

Invesco India Arbitrage Fund Direct-Growth Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
7.05%	7.8%	6.79%	6.49%	6.96%

How much does this mutual fund charge as expense ratio?

The Invesco India Arbitrage Fund - Direct Growth has an expense ratio of 0.4%, 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 Invesco India Arbitrage Fund currently has assets under management (AUM) or fund size valued at approximately 27,400 Cr as on Dec 31, 2025.

What is risk level of Invesco India 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 Invesco India 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 Invesco India 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 Invesco India Arbitrage Fund is complete.

How can I redeem my investments in Invesco India Arbitrage Fund?

Redeeming your investments in the Invesco India 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 is one of the best in generating consistent return in it's category.
Volatility Protection: This fund is one of the best in protecting against volatility in it's category.
Return Outperformance: This fund has generated highest return amongst Arbitrage funds in the last 10 Years.
AUM Growth: This fund has the highest AUM growth in the last 12 months in Arbitrage category.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 0.50% if redeemed within 15 days