Motilal Oswal Arbitrage Fund
This is the Regular plan of Motilal Oswal Arbitrage Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.
NAV history
Scorecard
★★★☆☆3/5 vs 34 of 38 Arbitrage Fund peers1Y- Performance 60%
- Risk 15%
- Cost 10%
- Downside 15%
How 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. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Arbitrage Fund (same plan and option). Based on a 1-year record — this fund is too young for a 3-year CAGR, so its performance is ranked on 1Y against the same peers. 34 of the 38 Arbitrage Funds in this cohort carry the full record the stars need, so they are the ones ranked against.
Not enough Arbitrage Fund peers to rank yet
Volatility 1.1% vs 1.3% category avg
2.0% expense vs 2.2% category avg
Not enough history for a rolling 3Y view
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
- Low expense ratio (1.98%) vs the Arbitrage Fund average of 2.20%
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 | +0.65% | +0.66% | -0.01% |
| 3M abs | +1.42% | +1.37% | +0.05% |
| 6M abs | +2.78% | +2.81% | -0.03% |
| 1Y CAGR | +6.03% | +5.91% | +0.12% |
| 3Y CAGR | — | +6.49% | — |
| 5Y CAGR | — | +5.96% | — |
Category average across peers in Arbitrage Fund (up to 38 funds with data), 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.
Category rank
Vs 38 peers in Arbitrage Fund
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
12 monthly installments of ₹10,000 into Motilal Oswal 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 | +4.43% | |
| 2025 | +6.50% | |
| 2024part | +0.03% |
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- Equity72.63%
- Debt12.01%
- Other9.30%
- Cash & Equivalents6.06%
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹2,585Cr 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
Motilal Oswal Mutual Fund is the asset management arm of the broker Motilal Oswal Financial Services and launched its first scheme in 2010. It is known for a concentrated 'buy right, sit tight' equity philosophy and for a large passive and international range.
Fund Managers
RSRakesh ShettyManaging since 23 Dec 2024
Bachelors of Commerce (B.Com)
• Mr. Rakesh Shetty has more than 15 years of overall experience and expertise in trading in equity, debt segment, Exchange Trade Fund’s management, Corporate Treasury and Banking. • Prior to joining Motilal Oswal Asset Management Company Limited, he has worked with Company engaged in Capital Market Business wherein he was in charge of equity and debt ETFs, customized indices and has also been part of product development.
- Motilal Oswal 5 Year G-Sec Fund of Fund
- Motilal Oswal Active Momentum Fund
- Motilal Oswal Balanced Advantage Fund
- Motilal Oswal BSE 1000 Index Fund
- Motilal Oswal BSE Clean Environment Index Fund
- Motilal Oswal BSE Enhanced Value ETF
- Motilal Oswal BSE Enhanced Value Index Fund
- MOTILAL OSWAL BSE FINANCIALS EX BANK 30 INDEX FUND
- MOTILAL OSWAL BSE HEALTHCARE ETF
- Motilal Oswal BSE India Infrastructure ETF
- Motilal Oswal BSE Low Volatility ETF
- Motilal Oswal BSE Low Volatility Index Fund
- Motilal Oswal BSE Midcap 150 Momentum 30 Index Fund-Direct
- Motilal Oswal BSE Quality ETF
- Motilal Oswal BSE Quality Index Fund
- Motilal Oswal BSE Select IPO ETF
- Motilal Oswal BSE Top 10 Banks ETF
- Motilal Oswal Business Cycle Fund
- Motilal Oswal Consumption Fund-Direct-Growth
- Motilal Oswal Contra Fund
- Motilal Oswal Digital India Fund
- Motilal Oswal Diversified Equity Flexicap Passive Fund of Funds
- Motilal Oswal ELSS Tax Saver Fund
- Motilal Oswal Financial Services Fund
- Motilal Oswal Flexi Cap Fund
- Motilal Oswal Focused Fund
- Motilal Oswal Gold and Silver Passive Fund of Funds
- Motilal Oswal Gold ETF
- Motilal Oswal Infrastructure Fund
- Motilal Oswal Innovation Opportunities Fund
- Motilal Oswal Large and Midcap Fund
- Motilal Oswal Large Cap Direct Plan IDCW
- Motilal Oswal Manufacturing Fund
- Motilal Oswal Midcap Fund
- Motilal Oswal Multi Cap Fund Regular Plan IDCW
- Motilal Oswal Multi Factor Passive Fund of Funds - Regular
- Motilal Oswal Nasdaq 100 Fund of Fund
- Motilal Oswal Nifty 100 ETF
- Motilal Oswal Nifty 200 Momentum 30 ETF
- Motilal Oswal Nifty 200 Momentum 30 Index Fund
- Motilal Oswal Nifty 5 year benchmark G-Sec ETF
- Motilal Oswal Nifty 50 ETF
- Motilal Oswal Nifty 50 Index Fund
- Motilal Oswal Nifty 500 ETF
- Motilal Oswal Nifty 500 Index Fund
- Motilal Oswal Nifty 500 Momentum 50 ETF
- Motilal Oswal Nifty Alpha 50 ETF
- Motilal Oswal Nifty Bank Index Fund
- Motilal Oswal Nifty Capital Market Index Fund
- Motilal Oswal Nifty Energy ETF
- Motilal Oswal Nifty India Defence ETF
- Motilal Oswal Nifty India Defence Index Fund
- Motilal Oswal Nifty India Manufacturing ETF
- Motilal Oswal Nifty Microcap 250 Index Fund
- Motilal Oswal Nifty Midcap 100 ETF
- Motilal Oswal Nifty MidSmall India Consumption Index Fund
- Motilal Oswal Nifty MidSmall IT and Telecom Index Fund
- Motilal Oswal Nifty Next 50 ETF
- Motilal Oswal Nifty Next 50 Index Fund
- Motilal Oswal Nifty Oil & Gas ETF
- Motilal Oswal Nifty PSE ETF
- MOTILAL OSWAL NIFTY REALTY ETF
- Motilal Oswal Nifty Smallcap 250 ETF
- Motilal Oswal Quality Fund
- Motilal Oswal Silver ETF
- Motilal Oswal Small Cap Fund
- Motilal Oswal Special Opportunities Fund
- Motilal Oswal Ultra Short Term Fund
- Motilal Oswal Asset Allocation Fund of Fund- Conservative - Direct Plan - Growth
- Motilal Oswal Developed Market Ex US ETFs Overseas Equity Passive FOF - Direct Plan - Growth
- Motilal Oswal Liquid Fund - Direct Growth
- Motilal Oswal Nasdaq 100 ETF
- Motilal Oswal Nasdaq Q50 ETF
- Motilal Oswal Nifty 500 Momentum 50 Index Fund - Direct Plan - Growth
- Motilal Oswal Nifty Midcap 150 Index Fund - Direct Plan - Growth
- Motilal Oswal Nifty MidSmall Financial Services Index Fund - Direct Plan - Growth
- Motilal Oswal Nifty Smallcap 250 Index Fund - Direct Plan - Growth
- Motilal Oswal Quant Fund - Direct Plan - GROWTH
- Motilal Oswal S&P 500 Index Fund - Direct Plan - GROWTH
- Motilal Oswal Services Fund - Direct Plan - GROWTH
AMAtul MehraManaging since 23 Dec 2024
CFA Charterholder, CFA Institute, Charlottesville, Virginia, USA Masters in commerce; Mumbai University Bachelor’s in commerce, Mumbai University, HR College of Commerce and Economics
• Atul has over 16 years of overall experience. He is associated with Motilal Oswal Asset Management Company Ltd – Senior Vice President, Fund Manager – Equity. • Prior to this he is associated as Senior Vice President, Fund Manager – PMS and AIFs. (December 2013 – December 2023). Further, prior to this he was associated with Edelweiss Capital Ltd – Research Analyst (2008 - 2013).
- Motilal Oswal Balanced Advantage Fund
- Motilal Oswal Business Cycle Fund
- Motilal Oswal Digital India Fund
- Motilal Oswal ELSS Tax Saver Fund
- Motilal Oswal Financial Services Fund
- Motilal Oswal Flexi Cap Fund
- Motilal Oswal Focused Fund
- Motilal Oswal Infrastructure Fund
- Motilal Oswal Innovation Opportunities Fund
- Motilal Oswal Large and Midcap Fund
- Motilal Oswal Large Cap Direct Plan IDCW
- Motilal Oswal Manufacturing Fund
- Motilal Oswal Multi Cap Fund Regular Plan IDCW
- Motilal Oswal Services Fund
- Motilal Oswal Special Opportunities Fund
VAVishal AsharManaging since 23 Dec 2024
Post Grad MMS, Mumbai University
• Mr. Vishal Ashar has over 18 years of extensive experience in Fund Management. • Mr. Ashar's professional journey is marked by his expertise and notable contributions to the field. He has held significant tenures at NJ Asset Management, India Bulls Asset Management and Motilal Oswal • Prior to his current role at MOAMC, he spent four years at NJ Asset Management as a Fund Manager & Equity Dealer. • He was associated with Motilal Oswal Group for six years.
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.
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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 Motilal Oswal Arbitrage Fund?
As of 05 Oct 2026, the NAV of Motilal Oswal Arbitrage Fund is ₹11.14 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Motilal Oswal Arbitrage Fund delivered?
Motilal Oswal Arbitrage Fund has returned +6.03% over 1 year and +6.20% 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 Motilal Oswal Arbitrage Fund?
Motilal Oswal Arbitrage Fund charges an expense ratio of 1.98% 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 Motilal Oswal Arbitrage Fund?
Motilal Oswal Arbitrage Fund's largest holdings are Motilal Oswal Liquid Fund - Direct Growth (7.0%), HDFC Bank Limited (4.8%), Reliance Industries Limited (4.3%), TVS Motor Company Limited (4.0%) and Cholamandalam Investment and Finance Company Limited (3.9%). Holdings are disclosed monthly and change over time.
How risky is Motilal Oswal Arbitrage Fund?
Motilal Oswal Arbitrage Fund is rated moderately high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 1.1% and its worst peak-to-trough fall in our sample was -0.4%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What is the benchmark of Motilal Oswal Arbitrage Fund?
Motilal Oswal Arbitrage Fund is benchmarked against the Nifty 50 Arbitrage Index Total Return Index. Its alpha and beta on this page are measured against that index.
Who manages Motilal Oswal Arbitrage Fund?
Motilal Oswal Arbitrage Fund is managed by Rakesh Shetty, Atul Mehra and Vishal Ashar at Motilal Oswal.
How is Motilal Oswal Arbitrage Fund taxed?
Motilal Oswal 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.