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NIPPON INDIA ARBITRAGE FUND - DIRECT Plan - MONTHLY IDCW Option
★★★★★ TopFund est.
TopFund Score (fallback rating)
- Calculated by: TopFund — used only when no third-party rating exists for this fund
- Formula: 3-year trailing return percentile within category, adjusted ±1 star for expense ratio
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: A simplified 2-factor estimate, not equivalent to a rating agency's full analysis
TopFund Score: 79/100 · Good
How this score is calculated
- Star rating (35%)5/5
- 3Y CAGR (30%)7.34%
- Expense ratio (20%)0.07%
- AUM (15%)₹628 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Nippon India Mutual Fund · Hybrid · Arbitrage Fund
₹10.01
AUM: ₹627 Cr
NAV updated 22 days ago
Plan
Direct
Option
Idcw
Risk
Moderate
Expense Ratio
0.07%
Exit Load
Nil
Fund Manager
Sushil Hari Prasad Budhia
Inception
Sep 2026
Sharpe Ratio
0.28
Std Dev (1Y)
1.19%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.13%
3m
+1.77%
6m
+3.11%
1y
+6.46%
3y
+7.34%
5y
+6.73%
10y
+4.22%
since inception
+3.93%
TopFund's Take on NIPPON INDIA ARBITRAGE FUND - DIRECT Plan - MONTHLY IDCW Option
NIPPON INDIA ARBITRAGE FUND - DIRECT Plan - MONTHLY IDCW Option holds up reasonably well within the Arbitrage Fund category, backed by a 5-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 79/100.
Cost: At 0.07%, the expense ratio is meaningfully cheaper — about 82% below the Arbitrage Fund category average of 0.38% (based on 45 comparable funds). Lower costs compound in your favour over long holding periods.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a modest Sharpe ratio of 0.28 — returns have only marginally compensated for the risk taken. Separately, annualised volatility of 1.19% is on the lower side for a Arbitrage Fund fund, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Hybrid fund.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about NIPPON INDIA ARBITRAGE FUND - DIRECT Plan - MONTHLY IDCW Option
The current NAV (Net Asset Value) of NIPPON INDIA ARBITRAGE FUND - DIRECT Plan - MONTHLY IDCW Option is ₹10.01. NAV is updated every business day after market close by AMFI.
1Y: 6.46% · 3Y CAGR: 7.34% · 5Y CAGR: 6.73%
The expense ratio of NIPPON INDIA ARBITRAGE FUND - DIRECT Plan - MONTHLY IDCW Option is 0.07% per annum. This is the annual fee charged by the fund to manage your investment.
NIPPON INDIA ARBITRAGE FUND - DIRECT Plan - MONTHLY IDCW Option is managed by Sushil Hari Prasad Budhia at Nippon India Mutual Fund.
NIPPON INDIA ARBITRAGE FUND - DIRECT Plan - MONTHLY IDCW Option is classified as a Moderate risk fund. It is suitable for investors with a moderate risk appetite.
NIPPON INDIA ARBITRAGE FUND - DIRECT Plan - MONTHLY IDCW Option is a Arbitrage Fund fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in NIPPON INDIA ARBITRAGE FUND - DIRECT Plan - MONTHLY IDCW Option with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of NIPPON INDIA ARBITRAGE FUND - DIRECT Plan - MONTHLY IDCW Option is ₹628 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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