Tata Arbitrage Fund
This is the Direct plan of Tata Arbitrage Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is distributed monthly and paid out, which is why this NAV sits below the growth plan of the same fund.
NAV history
Scorecard
Not ratedHow this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. Not rated — too few comparable Hybrid funds (same plan and option) to rank against yet.
Not enough Arbitrage Fund peers to rank yet
Volatility 1.0% (no category average yet)
1.6% expense (no category average yet)
100% of rolling 3Y windows were positive
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
- Consistent — positive in 100% of rolling 3-year windows
Concerns
No significant concerns identified.
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk
Fund vs category average (Arbitrage Fund)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | +0.27% | — | — |
| 3M abs | +1.52% | — | — |
| 6M abs | +3.25% | — | — |
| 1Y CAGR | +6.77% | — | — |
| 3Y CAGR | +7.47% | — | — |
| 5Y CAGR | +6.91% | — | — |
Category average across peers in Arbitrage Fund, same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
60 monthly installments of ₹10,000 into Tata Arbitrage Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | |
|---|---|---|
| 2026part | +4.94% | |
| 2025 | +7.26% | |
| 2024 | +8.36% | |
| 2023 | +7.91% | |
| 2022 | +5.09% | |
| 2021 | +4.52% | |
| 2020 | +4.09% | |
| 2019part | +0.83% |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.
Taxation
Taxed as equityThis is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.
Flat, on the whole gain
On gains above ₹1.25 L per financial year
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Equity65.98%
- Debt20.26%
- Other12.73%
- Cash & Equivalents1.03%
Cash & cash-like: 29.57% — the 1.03% above plus treasury bills, certificates of deposit, commercial paper and TREPS, which the allocation files under Debt but the market counts as cash-equivalent.
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹22,684Cr in April - June 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.
AMC Profile
Tata Mutual Fund is run by Tata Asset Management, part of the Tata Group, and has been in business since 1995. It runs a broad line-up across equity, debt and hybrid, including several long-running thematic schemes.
Fund Managers
SJSailesh JainStart date not disclosed
Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.
Explore from here
Tata in the news
Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.
‘Mutual Funds Speak The Language of Culture’
IMPACT Magazine · 4h ago
Gold buying in October: Current prices offer better entry point than start of 2026, says Tata MF
Upstox · 6h ago
#MutualFundSummit2026 | "There's an inflationary environment across the world, and it's picking up pace. In this kind of environment, equities tend to do very well. Indian equities will do well in the coming years." Chandraprakash Padiyar of Tata Mutual Fund s
LinkedIn · 6d ago
Tata debt fund NAV delayed on AMFI website: What investors should know
CNBC TV18 · 6d ago
NFO Alert: Tata Mutual Fund announces launch of Titanium Active Asset Allocator Long-Short Fund
The Economic Times · 12d ago
Tata Mutual Fund launches Titanium Active Asset Allocator Long-Short Fund; check NFO details
Upstox · 12d ago
Fedbank Financial holds meets with HDFC and Tata Mutual Funds
scanx.trade · 13d ago
NFOs this week: Tata’s short term debt fund, Invesco’s defence and chemical funds at a glance
Business Today · 20d ago
Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
About Arbitrage funds
Arbitrage funds profit from small price gaps between the cash and futures markets rather than from market direction. Returns are usually modest and cash-like, but they are taxed as equity.
Frequently asked questions
What is the NAV of Tata Arbitrage Fund?
As of 01 Oct 2026, the NAV of Tata Arbitrage Fund is ₹15.74 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Tata Arbitrage Fund delivered?
Tata Arbitrage Fund has returned +6.77% over 1 year, +7.47% per year over 3 years, +6.91% per year over 5 years and +5.88% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What is the expense ratio of Tata Arbitrage Fund?
Tata Arbitrage Fund charges an expense ratio of 1.57% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
What are the top holdings of Tata Arbitrage Fund?
Tata Arbitrage Fund's largest holdings are TATA MONEY MARKET FUND (11.8%), HDFC BANK LTD (7.8%), AXIS BANK LTD (2.8%), ** - SMALL INDUST DEVLOP BANK OF INDIA - CD - 23/10/2026 (2.0%) and RELIANCE INDUSTRIES LTD (1.9%). Holdings are disclosed monthly and change over time.
How risky is Tata Arbitrage Fund?
Tata Arbitrage Fund is rated moderately high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 1.0% and its worst peak-to-trough fall in our sample was -1.3%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What does the Sharpe ratio of 0.97 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Tata Arbitrage Fund's 0.97 means it has rewarded its volatility with excess return. Higher is better.
What is the benchmark of Tata Arbitrage Fund?
Tata Arbitrage Fund is benchmarked against the Nifty 50 Arbitrage Index. Its alpha and beta on this page are measured against that index.
Who manages Tata Arbitrage Fund?
Tata Arbitrage Fund is managed by Sailesh Jain at Tata.
How is Tata Arbitrage Fund taxed?
Tata Arbitrage Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.