LIC MF Arbitrage Fund Direct - Growth

Q: What are the returns of LIC MF Arbitrage Fund?

The LIC MF Arbitrage Fund is a 6 yrs 6 m old fund and has delivered average annual returns of 5.85% since inception. LIC MF Arbitrage Fund Returns 1-Year 3-Year 5-Year Since Inception 7.22% 7.25% 5.9% 5.85%

NAV as of Jul 21, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹14.4901+0.06% 1 day change	5.85% p.a.	#NA View Ranked Funds	₹168 Cr

Historical NAV & returns

NAV: ₹14.4901 as on Jul 21, 2025

This fund Category average

LIC MF Arbitrage Fund overview

Expense ratio	0.34% as on May 31, 2025
Exit load	0.25% Exit load of 0.25% if redeemed within 1 months.!
AUM (Fund size)	₹168 Cr
Lock-in Period	Nil
Age	6 yrs 6 m since Jan 04, 2019
Benchmark	Nifty 50 Arbitrage
Min. investment	SIP: ₹1000 & Lumpsum: ₹5000
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%

LIC MF 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 Jun 12, 2025

Period	This fund	Category average
1 Month	0.41%	0.42%
3 Months	1.48%	1.52%
6 Months	3.5%	3.51%
1 Year	7.22%	7.27%
2 Years	7.53%	7.78%
3 Years	7.25%	7.44%
4 Years	6.45%	6.54%
5 Years	5.9%	6.12%

Asset allocationas on May 31, 2025

Large Cap -0.2%

Mid Cap -0.07%

Small Cap -0.02%

Other Cap -0%

Top holdings

ICICI Bank Ltd.7.91%

State Bank of India7.42%

Tata Power Company Ltd.6.55%

Canara Bank6.01%

Top sectors

Financial 27.12%

Energy 8.33%

Construction 6.470000000000001%

Metals & Mining 5.73%

Cash 66.26587167%

A1+ 19.47746693%

Cash & Call Money 7.57318472%

AAA 4.3711069%

Top Debt Holdings

Angel One Ltd. 6.14%

Reserve Bank of India 2.51%

Reliance Retail Ventures Ltd. 1.13%

Bank Of Baroda 0.77%

Allocation by Instruments

Cash Margin 66.26587167%

Mutual Fund 17.95199649%

Commercial Paper 5.93328293%

Repo 5.4856107%

Other Holdings

Others 0.54%

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
LIC MF Arbitrage Fund	N.A.	168 Cr	6 yrs 6 m	0.34%
Tata Arbitrage Fund	N.A.	14,982 Cr	6 yrs 7 m	0.31%
Invesco India Arbitrage Fund	N.A.	22,341 Cr	12 yrs 6 m	0.39%
Edelweiss Arbitrage Fund	N.A.	15,137 Cr	11 yrs 1 m	0.38%
Axis Arbitrage Fund	N.A.	5,746 Cr	10 yrs 11 m	0.33%
Aditya Birla Sun Life Arbitrage Fund	N.A.	14,236 Cr	12 yrs 6 m	0.31%

Fund name	1M	6M	1Y	3Y	5Y	10Y
LIC MF Arbitrage Fund	0.41%	3.5%	7.22%	7.25%	5.9%	N.A.
Tata Arbitrage Fund	0.45%	3.72%	7.6%	7.7%	6.39%	4.26%
Invesco India Arbitrage Fund	0.45%	3.63%	7.5%	7.82%	6.45%	6.5%
Edelweiss Arbitrage Fund	0.42%	3.63%	7.51%	7.7%	6.39%	6.61%
Axis Arbitrage Fund	0.43%	3.64%	7.42%	7.5%	6.25%	6.51%
Aditya Birla Sun Life Arbitrage Fund	0.43%	3.73%	7.56%	7.64%	6.28%	6.43%

Fund name	Std. deviation	Beta	Sharpe	Sortino
LIC MF Arbitrage Fund	0.5	0.52	1.2	1.16
Tata Arbitrage Fund	0.49	0.53	2.13	2.31
Invesco India Arbitrage Fund	0.47	0.34	2.46	2.72
Edelweiss Arbitrage Fund	0.54	0.49	1.93	2.02
Axis Arbitrage Fund	0.54	0.57	1.55	1.55
Aditya Birla Sun Life Arbitrage Fund	0.52	0.55	1.9	1.95

View all Arbitrage funds

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

Alpha	1.57 vs. 2.7 Underperformed at beating benchmark
Sharpe	1.2 vs. 2.44 Poor risk-adjusted returns
Beta	0.52 vs. 0.75 Less sensitive to market ups & downs
Standard deviation	0.5 vs. 0.4 More volatile performance

Compare LIC MF Arbitrage Fund in detail with

About this fund

About LIC MF Arbitrage Fund

LIC MF Arbitrage Fund Direct - Growth is a Arbitrage mutual fund scheme from Lic Mutual Fund. This fund has been in existence for 6 yrs 6 m, having been launched on 04/01/2019. LIC MF Arbitrage Fund Direct - Growth has ₹168 Crores worth of assets under management (AUM) as on 31/05/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of LIC MF Arbitrage Fund Direct - Growth as of 21/07/2025 is ₹14.49. The fund has an expense ratio of 0.34%, which is close to what most other Arbitrage funds charge. Currently, the fund has a -0.29% allocation to equity and 26.45% to Debt.

LIC MF Arbitrage Fund Direct - Growth returns of last 1-year are 7.15%. Since launch, it has delivered 5.88% average annual returns.
LIC MF 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 below average.
The fund's equity portion is primarily invested in Financial, Energy, Construction, Metals & Mining, Capital Goods sectors. It has taken less exposure in Financial, Energy 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 State Bank of India, Tata Power Company Ltd., Angel One Ltd., Canara Bank, GMR Airports Ltd..

...

Fund AUM	168 Cr as on May 31, 2025
Scheme document	View Scheme Document

Fund managers

Pratik Harish Shroff

Mr. Shroff has done B.Com, M.Com, CFA, FRM and Executive Programme in Applied Finance – IIM, Calcutta Prior to joining LIC Mutual Fund, he was associated with CTBC Bank Ltd, IndusInd Bank Ltd, Industrial and Commercial Bank of China, Tata Mutual Fund and LKP Securities

Sumit Bhatnagar

Mr. Bhatnagar is an MBA (Investment Management) from University of Toronto, Canada and CFA Charter (USA). Prior to joining LIC Mutual Fund. He was assocaited with Indiabulls Mutual Fund he has worked with SEBI.

Investment objective

The scheme seeks to generate income by taking advantage of arbitrage opportunities that potentially exists between cash and derivative market and within the derivative segment of the equity market along with investments in debt securities & money market instruments.

LIC Mutual Fund details

No. of schemes	26 view all schemes
Total AUM	38,854 Cr as on Jun 30, 2025
Address	Industrial Assurance Building Ground Floor, Opp. Churchgate Station Mumbai, 400020
Email	br.mumbai@licmf.com
Phone	022-66016177 / 022-66016178

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LIC MF Balanced Advantage Fund	N.A.	831 Cr	8.94%	N.A.
LIC MF Conservative Hybrid Fund	N.A.	50 Cr	6.59%	7.31%
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Frequently asked questions

What is the current NAV of LIC MF Arbitrage Fund?

The current Net Asset Value (NAV) of the LIC MF Arbitrage Fund - Direct Growth plan is approximately ₹14.4901 as of Jul 21, 2025.

What are the returns of this mutual fund scheme?

The LIC MF Arbitrage Fund is a 6 yrs 6 m old fund and has delivered average annual returns of 5.85% since inception.

LIC MF Arbitrage Fund Returns

1-Year	3-Year	5-Year	Since Inception
7.22%	7.25%	5.9%	5.85%

How much does this mutual fund charge as expense ratio?

The LIC MF Arbitrage Fund - Direct Growth has an expense ratio of 0.34%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

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

The LIC MF Arbitrage Fund currently has assets under management (AUM) or fund size valued at approximately 168 Cr as on May 31, 2025.

What is risk level of LIC MF 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 LIC MF Arbitrage Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

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 LIC MF Arbitrage Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in LIC MF Arbitrage Fund is complete.

How can I redeem my investments in LIC MF Arbitrage Fund?

Redeeming your investments in LIC MF Arbitrage Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

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

ET Money rank

in Arbitrage

#NA

Return Outperformance: This fund has generated highest return amongst Arbitrage funds in the last 3 Months .
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 0.25% if redeemed within 1 months.