Nippon India Arbitrage Fund - Growth Plan - Growth Option
₹27.8204
₹0.05 (-0.16%)
NAV as of 29 May 2026
Today's NAV — all variants
Regular · Growth
₹₹27.8204
₹0.05 (-0.16%)
29 May 2026
AMFI: 113345
Direct · Growth
₹₹30.2505
₹0.05 (-0.16%)
29 May 2026
AMFI: 118585
Regular · IDCW
₹₹14.5013
₹0.02 (-0.16%)
29 May 2026
AMFI: 128820
Direct · IDCW
₹₹18.6259
₹0.03 (-0.16%)
29 May 2026
AMFI: 118587
Returns (Lumpsum)
CAGR for periods ≥ 1 yearSIP Returns (XIRR)
₹1,000/month SIP, annualisedSIP since inception — what ₹500/month became
Real NAV backtest from day one
₹93,500
Invested
₹1,28,566
Value today
5.7%
XIRR (p.a.)
₹500/month SIP from fund inception · Current value as of today
Try SIP Calculator with this fund's history₹1,000 lumpsum at launch — value today
Invested on the fund's first NAV date
₹1,000
Invested
₹2,782
Value today
6.8%
CAGR (p.a.)
One-time investment at fund inception · Growth purely from NAV appreciation
Try Lumpsum Calculator₹10L corpus with ₹5,000/month withdrawals since inception
Corpus is still growing despite monthly payouts
₹10,00,000
Initial corpus
₹9,35,000
Withdrawn
₹14,96,376
Corpus left
+₹14,31,376 net gain — withdrew ₹9,35,000 AND corpus grew
Plan your SWP with real NAV₹1 lakh on the worst crash day — 22 Mar 2020
Worst single-day Nifty drop during this fund's life
₹1,00,000
Invested
₹1,38,686
Value today
1.4×
Multiple
Staying invested through that crash turned ₹1L into ₹1,38,686 — a 1.4× return
Read: Staying invested through crashesDirect vs Regular — ₹500/month over 10 years
Expense ratio drag on your actual returns
Direct plan
₹83,884
Regular plan
₹78,820
Direct earns ₹5,064 more on a ₹60K investment — 0.84% extra return per year
Same fund, same NAV history — only the expense ratio differs. Direct plans always outperform Regular over time.
Learn about Direct vs Regular plansFund Details
Risk Metrics
Trailing 1 year, annualised-0.34
Sharpe Ratio
—
Alpha
—
Beta
-0.34
Sortino
0.82%
Std Dev
-0.24%
Max Drawdown
Portfolio Holdings
Top 50 holdings · as of Mar 2026
| Security | % NAV |
|---|---|
Bank of Baroda** INE028A16JZ9 | 1.25% |
Aavas Financiers Limited** INE216P14098 | 1.25% |
Bank of Baroda INE028A16JZ9 | 1.22% |
Aavas Financiers Limited** INE216P14098 | 1.21% |
Small Industries Dev Bank of India** INE556F16BV4 | 1.16% |
8.75% Piramal Finance Limited** INE202B07JW4 | 0.95% |
| Security | % NAV |
|---|---|
Nippon India Money Market Fund Dir Pl-Growth-Gr Op INF204K01ZP3 | 14.08% |
Nippon India Money Market Fund Dir Pl-Growth-Gr Op INF204K01ZP3 | 13.70% |
Nippon India Ultra Short Duration Fund- Dr Gr Op INF204K01YH3 | 6.23% |
Nippon India Ultra Short Duration Fund- Dr Gr Op INF204K01YH3 | 6.06% |
Nippon India Liquid Fund-Direct Growth Plan INF204K01ZH0 | 4.56% |
| Security | % NAV |
|---|---|
HDFC Bank Limited INE040A01034 | 5.37% |
HDFC Bank Limited INE040A01034 | 4.79% |
ICICI Bank Limited INE090A01021 | 3.34% |
Bharti Airtel Limited INE397D01024 | 3.03% |
ICICI Bank Limited INE090A01021 | 2.73% |
Reliance Industries Limited INE002A01018 | 2.56% |
Reliance Industries Limited INE002A01018 | 2.55% |
Bharti Airtel Limited INE397D01024 | 2.26% |
Axis Bank Limited INE238A01034 | 2.15% |
JSW Steel Limited INE019A01038 | 2.10% |
Eternal Limited INE758T01015 | 2.09% |
Axis Bank Limited INE238A01034 | 2.05% |
State Bank of India INE062A01020 | 2.02% |
Eternal Limited INE758T01015 | 1.95% |
Maruti Suzuki India Limited INE585B01010 | 1.86% |
Kotak Mahindra Bank Limited INE237A01036 | 1.85% |
JSW Steel Limited INE019A01038 | 1.82% |
Maruti Suzuki India Limited INE585B01010 | 1.71% |
Mahindra & Mahindra Limited INE101A01026 | 1.69% |
Mahindra & Mahindra Limited INE101A01026 | 1.66% |
Grasim Industries Limited INE047A01021 | 1.52% |
Jio Financial Services Limited INE758E01017 | 1.49% |
State Bank of India INE062A01020 | 1.45% |
Kotak Mahindra Bank Limited INE237A01036 | 1.42% |
Grasim Industries Limited INE047A01021 | 1.40% |
Steel Authority of India Limited INE114A01011 | 1.38% |
Jio Financial Services Limited INE758E01017 | 1.34% |
Adani Enterprises Limited INE423A01024 | 1.29% |
Vodafone Idea Limited INE669E01016 | 1.11% |
Vodafone Idea Limited INE669E01016 | 1.11% |
Shriram Finance Limited INE721A01047 | 1.09% |
Bharat Heavy Electricals Limited INE257A01026 | 1.08% |
Steel Authority of India Limited INE114A01011 | 1.00% |
ITC Limited INE154A01025 | 0.97% |
UltraTech Cement Limited INE481G01011 | 0.92% |
Shriram Finance Limited INE721A01047 | 0.89% |
Glenmark Pharmaceuticals Limited INE935A01035 | 0.85% |
Tata Steel Limited INE081A01020 | 0.83% |
Sun Pharmaceutical Industries Limited INE044A01036 | 0.82% |
Performance Comparison
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Investment Objective
Nippon India Arbitrage Fund - Growth Plan - Growth Option aims to generate returns by exploiting price differentials between cash and derivatives markets. These funds offer equity taxation benefits with relatively low volatility, making them suitable as an alternative to liquid funds.
About This Fund
Nippon India Arbitrage Fund - Growth Plan - Growth Option is a Arbitrage mutual fund offered by Nippon India Mutual Fund. The fund has been operational for over 15 years. It manages assets worth ₹16,396 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY 50 ARBITRAGE INDEX. The current expense ratio is 1.02%.
Who Should Invest?
- •Investors with a high risk appetite seeking long-term wealth creation
- •Investors with an investment horizon of 5 years or more
- •SIP investors who can benefit from rupee cost averaging during market fluctuations