LIC MF Arbitrage Fund

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

The LIC MF Arbitrage Fund is a 7 yrs old fund and has delivered average annual returns of 5.18% since inception. LIC MF Arbitrage Fund Returns 1-Year 3-Year 5-Year Since Inception 5.97% 6.6% 5.52% 5.18%

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

The LIC MF Arbitrage Fund has an expense ratio of 0.99% , 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 Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹14.2734+0.03% 1 day change	5.18% p.a.	App exclusive #NA View Ranked Funds	₹259 Cr

Historical NAV & returns

NAV: ₹14.2734 as on Feb 02, 2026

This fund Category average

LIC MF Arbitrage Fund overview

AUM (Fund size)	₹259 Cr
Exit load	0.25% Exit load of 0.25% if redeemed within 1 months.!
Lock-in Period	Nil
Age	7 yrs since Jan 04, 2019
Benchmark	NIFTY 50 Arbitrage TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	0.99% as on Feb 02, 2026
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%

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 Feb 03, 2026

Period	This fund	Category average
1 Month	0.43%	0.45%
3 Months	1.54%	1.41%
6 Months	2.77%	2.69%
1 Year	5.97%	5.96%
2 Years	6.4%	6.49%
3 Years	6.6%	6.77%
4 Years	6.01%	6.15%
5 Years	5.52%	5.68%
7 Years	5.17%	5.42%

Asset allocationas on Dec 31, 2025

Large Cap -0.29%

Mid Cap -0.07%

Small Cap -0%

Other Cap -0%

Top holdings

Bharti Airtel Ltd.6.02%

ICICI Bank Ltd.5.58%

Reliance Industries Ltd.5.42%

HDFC Bank Ltd.5.22%

Top sectors

Financial 22.979999999999997%

Communication 7.64%

Energy 6.48%

Construction 6.38%

Cash 67.30955621%

A1+ 19.25385607%

AAA 7.86105759%

Cash & Call Money 3.56517419%

Top Debt Holdings

National Bank For Agriculture & Rural Development 7.79%

Angel One Ltd. 1.93%

Allocation by Instruments

Cash Margin 67.30955621%

Mutual Fund 18.91627299%

Bonds/NCDs 7.79105259%

Repo 4.93450046%

Other Holdings

LIC MF Money Market Fund Direct - Growth 15.94%

Others 4.93%

LIC MF Liquid Fund - Direct Plan 2.97%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
LIC MF Arbitrage Fund	0.43%	2.77%	5.97%	6.6%	5.52%	N.A.
Invesco India Arbitrage Fund	0.46%	2.95%	6.34%	7.08%	6.08%	5.81%
Tata Arbitrage Fund	0.41%	2.86%	6.3%	6.95%	5.82%	4.04%
UTI Arbitrage Fund	0.43%	2.94%	6.41%	7.1%	5.93%	5.82%
Edelweiss Arbitrage Fund	0.41%	2.83%	6.16%	7.0%	5.93%	5.86%
ICICI Prudential Equity Arbitrage Fund	0.45%	2.88%	6.33%	7.02%	5.91%	5.8%

Fund name	Std. deviation	Beta	Sharpe	Sortino
LIC MF Arbitrage Fund	0.32	0.02	1.06	1.66
Invesco India Arbitrage Fund	0.35	-0.02	2.33	3.48
Tata Arbitrage Fund	0.34	0.06	1.98	3.05
UTI Arbitrage Fund	0.35	0.03	2.34	3.42
Edelweiss Arbitrage Fund	0.38	0.04	1.93	2.86
ICICI Prudential Equity Arbitrage Fund	0.36	0.01	2.11	3.14

Fund name	ETM Rank	AUM	Fund age	Expense ratio
LIC MF Arbitrage Fund	N.A.	259 Cr	7 yrs	0.99%
Invesco India Arbitrage Fund	N.A.	27,400 Cr	18 yrs 9 m	1.06%
Tata Arbitrage Fund	N.A.	20,013 Cr	7 yrs 1 m	1.08%
UTI Arbitrage Fund	N.A.	10,465 Cr	19 yrs 7 m	0.78%
Edelweiss Arbitrage Fund	N.A.	16,270 Cr	11 yrs 7 m	1.07%
ICICI Prudential Equity Arbitrage Fund	N.A.	32,297 Cr	19 yrs 2 m	0.93%

View all Arbitrage funds

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

Alpha	0.38 vs. 2.16 Underperformed at beating benchmark
Sharpe	1.06 vs. 1.99 Poor risk-adjusted returns
Beta	0.02 vs. 0.8 Less sensitive to market ups & downs
Standard deviation	0.32 vs. 0.26 More volatile performance

Compare LIC MF Arbitrage Fund in detail with

About this fund

About LIC MF Arbitrage Fund

LIC MF Arbitrage Fund is a Arbitrage mutual fund scheme from Lic Mutual Fund. This fund has been in existence for 7 yrs, having been launched on 04/01/2019. LIC MF Arbitrage Fund has ₹259 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 LIC MF Arbitrage Fund as of 02/02/2026 is ₹14.27. The fund has an expense ratio of 0.99%, which is higher than what most other Arbitrage funds charge. Currently, the fund has a -0.36% allocation to equity and 29.49% to Debt.

LIC MF Arbitrage Fund returns of last 1-year are 5.99%. Since launch, it has delivered 5.19% average annual returns.
LIC MF 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 below average.
The fund's equity portion is primarily invested in Financial, Unclassified, Communication, Energy, Construction 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 LIC MF Money Market Fund Direct - Growth, National Bank For Agriculture & Rural Development, Bharti Airtel Ltd., ICICI Bank Ltd., Reliance Industries Ltd..

...

Fund AUM	259 Cr as on Dec 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	32 view all schemes
Total AUM	44,894 Cr as on Dec 31, 2025
Address	Industrial Assurance Building Ground Floor, Opp. Churchgate Station Mumbai, 400020
Email	br.mumbai@licmf.com
Phone	022-66016177 / 022-66016178

More funds from LIC Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
LIC MF ULIS Fund	N.A.	457 Cr	0.04%	9.72%
LIC MF Aggressive Hybrid Fund	N.A.	534 Cr	6.07%	9.5%
LIC MF Balanced Advantage Fund	N.A.	742 Cr	3.78%	N.A.
LIC MF Conservative Hybrid Fund	N.A.	49 Cr	4.3%	5.58%
LIC MF Multi Asset Allocation Fund	N.A.	904 Cr	18.45%	N.A.

See all Hybrid funds from this AMC

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 plan is approximately ₹14.2734 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The LIC MF Arbitrage Fund is a 7 yrs old fund and has delivered average annual returns of 5.18% since inception.

LIC MF Arbitrage Fund Returns

1-Year	3-Year	5-Year	Since Inception
5.97%	6.6%	5.52%	5.18%

How much does this mutual fund charge as expense ratio?

The LIC MF Arbitrage Fund has an expense ratio of 0.99%, 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 LIC MF Arbitrage Fund currently has assets under management (AUM) or fund size valued at approximately 259 Cr as on Dec 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 can I redeem my investments in LIC MF Arbitrage Fund?

Redeeming your investments in the LIC MF 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 1 Year.
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 of 0.25% if redeemed within 1 months.