Hybrid · Arbitrage

DSP Arbitrage fund

DSP Asset Managers Private Limited

Benchmark

Nifty 50 Arbitrage Index

Riskometer

Low

Size

₹6,793 cr

Allotted

25 Jan 2018

Holdings as of

30 Sep 2026

DSP Arbitrage fund is a arbitrage fund of DSP Asset Managers Private Limited with ₹6,793 cr under management. It is ahead of its benchmark (Nifty 50 Arbitrage Index) in 0 of 3 periods. Its direct plan charges 1.16% a year. Karan Mundhra has managed it for 2.2 years.

Debt and hybrid funds: the company-level sections (scorecard, companies inside, how it is run, nearest index) are not shown. Mix, returns, costs and managers only.

What is DSP Arbitrage fund invested in?

19% in debt, 0% in shares and 2% in cash, as of 30 Sep 2026.

Equity0.0%Debt19.2%Cash2.4%Other78.0%

Holdings as of 30 Sep 2026

Has DSP Arbitrage fund beaten its benchmark?

Ahead of its benchmark, Nifty 50 Arbitrage Index, in 0 of 3 periods in AMFI's figures; +6.40% over the last year against +7.01%.

Period returns

Direct Plan, growth · 3y and longer a year

Period	Fund	Nifty 500 TRI	Ahead
1 month	+0.57%	−3.60%	—
3 months	+1.49%	−5.03%	—
6 months	+2.97%	−1.83%	—
1 year	+6.43%	−4.06%	+10.49 pts
3 years	+7.17%	+9.27%	−2.10 pts
5 years	+6.68%	+8.00%	−1.32 pts
10 years	—	+12.69%	—
Since start from 29 Jan 2018	+6.22%	—	—

Valarth price history to 14 Oct 2026 · the index is the one the fund is nearest; — not on record

Official figures

AMFI performance feed, 13 Oct 2026

Ahead of its benchmark (Nifty 50 Arbitrage Index) in 0 of 3 periods.

Period	Direct	Regular	Benchmark	Ahead	Rank
1y	+6.40%	+5.72%	+7.01%	−0.61	🔒
3y	+7.12%	+6.42%	+7.30%	−0.18	🔒
5y	+6.65%	+5.98%	+6.68%	−0.03	🔒
10y	—	—	—	—	—

Ahead in points a year · its rank among Arbitrage funds, and how steady the lead is, in the app

Value of 100, month-end

Jan 2018 to 14 Oct 2026

Fund 169Nifty 500 TRI 250

₹100 put in at the start of Jan 2018 would be ₹169 on 14 Oct 2026, against ₹250 in the Nifty 500 TRI.

Risk, falls and every year

🔒 Pro

Its worst fall and how long it took to recover, three-year stretches, Sharpe, beta and capture ratios, calendar years beside the index, and money in and out: in the app.

See them in the app →

What does DSP Arbitrage fund cost?

1.16% a year on the direct plan, 1.80% on the regular plan; 9 of 40 funds in its category charge less.

Direct plan

1.16% a year

Category median 1.44%

Regular plan

1.80% a year

Category median 2.07%

Gap

0.64 points

for the same holdings

9 of 40 funds in its category charge less on the direct plan.

Expense report, Oct 2026 · Hybrid Scheme - Arbitrage Fund

What the regular plan costs you over time

🔒 Pro

The same money left for years in the direct and the regular plan, side by side, and what the commission takes: in the app.

Who manages DSP Arbitrage fund?

Kaivalya Nadkarni, since 1 Oct 2024; Karan Mundhra, since 1 Aug 2024.

Kaivalya Nadkarni

Comanage (Equity portion)

2.0 years

since 1 Oct 2024

Karan Mundhra

Comanage (Debt portion)

2.2 years

since 1 Aug 2024

Benchmark as filedNifty 50 Arbitrage Index

Exit load

 If the units redeemed or switched-out are upto 10% of the units (the limit) purchased or switched within 15 days from the date of allotment: Nil  If units redeemed or switched out are in excess of the limit within 15 days from the date of allotment: 0.25%  If units are redeemed or switched out on or after 15 days from the date of allotment: Nil (as a % of Applicable NAV)

From 114 Scheme Summary Documents filed with NSE, first on 13 Apr 2026; as on 12 Oct 2026

Questions people ask

Who manages DSP Arbitrage fund?

Kaivalya Nadkarni (Comanage (Equity portion)) since 1 Oct 2024; Karan Mundhra (Comanage (Debt portion)) since 1 Aug 2024.

What is the expense ratio of DSP Arbitrage fund?

1.16% a year on the direct plan and 1.80% on the regular plan (expense report, Oct 2026).

How has DSP Arbitrage fund done?

Its direct plan returned +7.12% a year over 3 years against +7.30% for its benchmark, Nifty 50 Arbitrage Index, as of 13 Oct 2026.