SBI Arbitrage Opportunities Fund

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

The SBI Arbitrage Opportunities Fund is a 19 yrs 4 m old fund and has delivered average annual returns of 6.72% since inception. SBI Arbitrage Opportunities Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 6.4% 7.11% 6.09% 5.76% 6.72%

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹34.996+0.01% 1 day change	6.72% p.a.	App exclusive #NA View Ranked Funds	₹41,714 Cr

Historical NAV & returns

NAV: ₹34.996 as on Feb 02, 2026

This fund Category average

SBI Arbitrage Opportunities Fund overview

AUM (Fund size)	₹41,714 Cr
Exit load	0.25% Exit load of 0.25%, if redeemed within 1 month.!
Lock-in Period	Nil
Age	19 yrs 4 m since Sep 15, 2006
Benchmark	NIFTY 50 Arbitrage TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹5000
Expense ratio	0.92% 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%

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 Feb 03, 2026

Period	This fund	Category average
1 Month	0.45%	0.45%
3 Months	1.61%	1.41%
6 Months	2.9%	2.69%
1 Year	6.4%	5.96%
2 Years	6.79%	6.49%
3 Years	7.11%	6.77%
4 Years	6.55%	6.15%
5 Years	6.09%	5.68%
7 Years	5.65%	5.42%
10 Years	5.76%	5.61%

Asset allocationas on Dec 31, 2025

Large Cap -0.72%

Mid Cap -0.26%

Small Cap -0.05%

Other Cap 0%

Top holdings

HDFC Bank Ltd.5.97%

ICICI Bank Ltd.4.81%

Reliance Industries Ltd.1.94%

ITC Ltd.1.86%

Top sectors

Financial 24.729999999999993%

Metals & Mining 6.84%

Services 5.6899999999999995%

Capital Goods 5.39%

Cash 76.8203742%

A1+ 16.23477577%

SOV 2.84477985%

AAA 2.71185564%

Top Debt Holdings

Bank Of Baroda 1.28%

Cholamandalam Investment and Finance Company Ltd. 1.05%

Axis Finance Ltd. 0.72%

Tata Capital Ltd. 0.58%

Allocation by Instruments

Cash Margin 76.8203742%

Mutual Fund 16.310166889999998%

Repo 4.10386303%

Certificate of Deposit 2.62200804%

Other Holdings

Others 76.82%

SBI Savings Fund Direct-Growth 8.0%

SBI Liquid Fund Direct Plan-Growth 3.92%

SBI Magnum Low Duration Fund Direct Plan-Growth 2.61%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
SBI Arbitrage Opportunities Fund	0.45%	2.9%	6.4%	7.11%	6.09%	5.76%
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
SBI Arbitrage Opportunities Fund	0.36	0.02	2.3	3.42
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
SBI Arbitrage Opportunities Fund	N.A.	41,714 Cr	19 yrs 4 m	0.92%
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	0.88 vs. 2.16 Underperformed at beating benchmark
Sharpe	2.3 vs. 1.99 Better risk-adjusted return
Beta	0.02 vs. 0.8 Less sensitive to market ups & downs
Standard deviation	0.36 vs. 0.26 More volatile performance

Compare SBI Arbitrage Opportunities Fund in detail with

About this fund

About SBI Arbitrage Opportunities Fund

SBI Arbitrage Opportunities Fund is a Arbitrage mutual fund scheme from Sbi Mutual Fund. This fund has been in existence for 19 yrs 4 m, having been launched on 15/09/2006. SBI Arbitrage Opportunities Fund has ₹41,714 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 SBI Arbitrage Opportunities Fund as of 02/02/2026 is ₹35.00. The fund has an expense ratio of 0.92%, which is higher than what most other Arbitrage funds charge. Currently, the fund has a -1.03% allocation to equity and 22.52% to Debt.

SBI Arbitrage Opportunities Fund returns of last 1-year are 6.40%. Since launch, it has delivered 6.72% average annual returns. The fund has doubled the money invested in it every 12 yrs.
SBI Arbitrage Opportunities 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 above average.
The fund's equity portion is primarily invested in Financial, Unclassified, Metals & Mining, Services, Capital Goods 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	41,714 Cr as on Dec 31, 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	12,63,745 Cr as on Dec 31, 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 Multi Asset Allocation Fund	N.A.	13,033 Cr	18.95%	14.67%
SBI Retirement Benefit Fund - Aggressive Hybrid Plan	N.A.	1,697 Cr	5.95%	13.09%
SBI Equity Hybrid Fund	N.A.	82,847 Cr	8.7%	11.81%
SBI Balanced Advantage Fund	N.A.	39,914 Cr	9.46%	N.A.
SBI Conservative Hybrid Fund	N.A.	9,851 Cr	6.26%	9.06%
SBI Equity Savings Fund	N.A.	5,919 Cr	7.1%	9.06%

See all Hybrid funds from this AMC

Frequently asked questions

What is the current NAV of SBI Arbitrage Opportunities Fund?

The current Net Asset Value (NAV) of the SBI Arbitrage Opportunities Fund plan is approximately ₹34.996 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The SBI Arbitrage Opportunities Fund is a 19 yrs 4 m old fund and has delivered average annual returns of 6.72% since inception.

SBI Arbitrage Opportunities Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
6.4%	7.11%	6.09%	5.76%	6.72%

How much does this mutual fund charge as expense ratio?

The SBI Arbitrage Opportunities Fund has an expense ratio of 0.92%, 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 41,714 Cr as on Dec 31, 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 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

Return Consistency: This fund is one of the best in generating consistent return in it's category.
Return Outperformance: This fund has generated highest return amongst Arbitrage funds in the last 10 Years.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 0.25%, if redeemed within 1 month.