SBI Arbitrage Opportunities Fund Direct-Growth

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

The SBI Arbitrage Opportunities Fund Direct-Growth is a 12 yrs 9 m old fund and has delivered average annual returns of 6.85% since inception. SBI Arbitrage Opportunities Fund Direct-Growth Returns 1-Year 3-Year 5-Year 10-Year Since Inception 7.04% 7.72% 6.38% 6.26% 6.85%

NAV as of Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹36.6198+0.01% 1 day change	6.85% p.a.	App exclusive #NA View Ranked Funds	₹39,217 Cr

Historical NAV & returns

NAV: ₹36.6198 as on Oct 20, 2025

This fund Category average

SBI Arbitrage Opportunities Fund overview

Expense ratio	0.41% as on Sep 30, 2025
Exit load	0.25% Exit load of 0.25%, if redeemed within 1 month.!
AUM (Fund size)	₹39,217 Cr
Lock-in Period	Nil
Age	12 yrs 9 m since Jan 01, 2013
Benchmark	NIFTY 50 Arbitrage TRI
Min. investment	SIP: ₹500 & 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%

SBI Arbitrage Opportunities 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	0.55%	0.56%
3 Months	1.38%	1.37%
6 Months	3.01%	2.9%
1 Year	7.04%	6.9%
2 Years	7.57%	7.48%
3 Years	7.72%	7.54%
4 Years	6.9%	6.7%
5 Years	6.38%	6.18%
7 Years	6.13%	6.08%
10 Years	6.26%	6.33%

Asset allocationas on Sep 30, 2025

Large Cap -0.33%

Mid Cap -0.09%

Small Cap -0.02%

Other Cap -0%

Top holdings

HDFC Bank Ltd.6.53%

ICICI Bank Ltd.4.82%

Reliance Industries Ltd.2.71%

Tata Consultancy Services Ltd.2.15%

Top sectors

Financial 25.189999999999998%

Energy 5.53%

Capital Goods 5.42%

Metals & Mining 4.5600000000000005%

Cash 71.32266811%

A1+ 19.24940355%

AAA 6.31532595%

SOV 2.41956999%

Top Debt Holdings

Bharti Telecom Ltd. 1.83%

HDFC Bank Ltd. 1.51%

Cholamandalam Investment and Finance Company Ltd. 1.1%

Bank Of Baroda 1.1%

Allocation by Instruments

Cash Margin 71.32266811%

Mutual Fund 15.827135720000001%

Commercial Paper 4.4716111000000005%

Certificate of Deposit 3.52239945%

Other Holdings

Others 71.32%

SBI Savings Fund Direct-Growth 8.39%

SBI Liquid Fund Direct Plan-Growth 2.85%

SBI Magnum Low Duration Fund Direct Plan-Growth 2.74%

Detailed portfolio analysis

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

Alpha	1.61 vs. 2.62 Underperformed at beating benchmark
Sharpe	2.79 vs. 2.65 Better risk-adjusted return
Beta	0.27 vs. 1.35 Less sensitive to market ups & downs
Standard deviation	0.4 vs. 0.31 More volatile performance

Compare SBI Arbitrage Opportunities Fund in detail with

About this fund

About SBI Arbitrage Opportunities Fund

SBI Arbitrage Opportunities Fund Direct-Growth is a Arbitrage mutual fund scheme from Sbi Mutual Fund. This fund has been in existence for 12 yrs 9 m, having been launched on 01/01/2013. SBI Arbitrage Opportunities Fund Direct-Growth has ₹39,217 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 SBI Arbitrage Opportunities Fund Direct-Growth as of 20/10/2025 is ₹36.62. The fund has an expense ratio of 0.41%, which is close to what most other Arbitrage funds charge. Currently, the fund has a -0.44% allocation to equity and 28.33% to Debt.

SBI Arbitrage Opportunities Fund Direct-Growth returns of last 1-year are 7.29%. Since launch, it has delivered 6.86% average annual returns. The fund has doubled the money invested in it every 12 yrs.
SBI Arbitrage Opportunities 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 above average.
The fund's equity portion is primarily invested in Financial, Unclassified, Energy, Capital Goods, 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 SBI Savings Fund Direct-Growth, HDFC Bank Ltd., ICICI Bank Ltd., SBI Liquid Fund Direct Plan-Growth, SBI Magnum Low Duration Fund Direct Plan-Growth.

...

Fund AUM	39,217 Cr as on Sep 30, 2025
Scheme document	View Scheme Document

Fund managers

Neeraj Kumar

Mr.Kumar is a B.Com(H) and ACA. Prior to joining SBI AMC he has worked with SBI Funds Management Pvt. Ltd. and LIC.

Ardhendu Bhattacharya

Mr. Bhattacharya is a MBA (Marketing) and Bachelor of Engineering. Prior to joining SBI Mutual Fund, he has worked with ICICI Bank and Citibank.

Investment objective

The scheme will invest 65 to 85 per cent of its assets in equities and equity derivatives and the rest in debt and money market instruments. It will invest in stocks and would offset its investment in stocks by simultaneous equivalent investment in equity derivatives.

SBI Mutual Fund details

No. of schemes	72 view all schemes
Total AUM	12,07,585 Cr as on Sep 30, 2025
Address	9th Floor-Crescenzo, C-38 & 39- G Block, Bandra-Kurla Complex, Bandra (East) Mumbai, 400051
Phone	022-61793000 / 1800-425-5425

More funds from SBI Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
SBI Equity Hybrid Fund	N.A.	79,008 Cr	13.94%	17.89%
SBI Multi Asset Allocation Fund	N.A.	10,484 Cr	13.8%	16.53%
SBI Retirement Benefit Fund - Aggressive Hybrid Plan	N.A.	1,626 Cr	5.52%	N.A.
SBI Equity Savings Fund	N.A.	6,169 Cr	7.06%	12.32%
SBI Conservative Hybrid Fund	N.A.	9,859 Cr	7.1%	11.58%
SBI Balanced Advantage Fund	N.A.	37,457 Cr	7.73%	N.A.

See all Hybrid funds from this AMC

Frequently asked questions

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

The current Net Asset Value (NAV) of the SBI Arbitrage Opportunities Fund - Direct Growth plan is approximately ₹36.6198 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The SBI Arbitrage Opportunities Fund Direct-Growth is a 12 yrs 9 m old fund and has delivered average annual returns of 6.85% since inception.

SBI Arbitrage Opportunities Fund Direct-Growth Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
7.04%	7.72%	6.38%	6.26%	6.85%

How much does this mutual fund charge as expense ratio?

The SBI Arbitrage Opportunities Fund - Direct Growth has an expense ratio of 0.41%, 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 SBI Arbitrage Opportunities Fund currently has assets under management (AUM) or fund size valued at approximately 39,217 Cr as on Sep 30, 2025.

What is risk level of SBI Arbitrage Opportunities 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 SBI Arbitrage Opportunities 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 SBI Arbitrage Opportunities 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 SBI Arbitrage Opportunities Fund is complete.

How can I redeem my investments in SBI Arbitrage Opportunities Fund?

Redeeming your investments in the SBI Arbitrage Opportunities 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

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 month.