Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
NIPPON INDIA ARBITRAGE FUND - MONTHLY IDCW Option
★★★★★ 3rd-party
External rating
- Source: Third-party data provider (Groww/CRISIL)
- Original rating: 3/5, displayed as-is — TopFund does not modify third-party ratings
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria
TopFund Score: 58/100 · Average
How this score is calculated
- Star rating (35%)3/5
- 3Y CAGR (30%)7.33%
- Expense ratio (20%)1.37%
- AUM (15%)₹16,916 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Nippon India Mutual Fund · Hybrid · Arbitrage
₹30.88
AUM: ₹16,915 Cr
NAV updated 22 days ago
Plan
Direct
Option
Idcw
Risk
Moderate
Expense Ratio
1.37%
Exit Load
Exit load of 0.25% if redeemed within 15 days.
Fund Manager
Payal Kaipunjal
Inception
Jan 2013
Benchmark
NIFTY 50 Arbitrage Total Return Index
Sharpe Ratio
-0.01
Std Dev (1Y)
77.85%
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
+7.33%
5y
+6.72%
10y
+6.47%
since inception
+3.19%
TopFund's Take on NIPPON INDIA ARBITRAGE FUND - MONTHLY IDCW Option
NIPPON INDIA ARBITRAGE FUND - MONTHLY IDCW Option sits in the middle of the pack for Arbitrage funds, currently carrying a 3-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 58/100.
Cost: At 1.37%, the expense ratio is meaningfully cheaper — about 10% below the Arbitrage category average of 1.53% (based on 104 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 negative Sharpe ratio of -0.01 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, with 77.85% annualised volatility, this is among the more turbulent funds in the Arbitrage space — expect sharp swings in both directions.
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
Similar Funds
TATA Arbitrage Fund Direct Plan - Monthly Payout of Income Distribution cum capital withdrawal option
Tata Mutual Fund
Sundaram Arbitrage Fund (Formerly Known as Prinicpal Arbitrage Fund) - Direct Plan - Growth
Sundaram Mutual Fund
Motilal Oswal Arbitrage Fund-Direct Plan-Growth
Motilal Oswal Mutual Fund
Invesco India Arbitrage Fund - Direct Plan - Growth Option
Invesco Mutual Fund
WhiteOak Capital Arbitrage Fund Direct Plan Growth
WhiteOak Capital Mutual Fund
Tata Arbitrage Fund-Direct Plan-Growth
Tata Mutual Fund
Tools & Guides for This Fund
Frequently Asked Questions about NIPPON INDIA ARBITRAGE FUND - MONTHLY IDCW Option
The current NAV (Net Asset Value) of NIPPON INDIA ARBITRAGE FUND - MONTHLY IDCW Option is ₹30.88. NAV is updated every business day after market close by AMFI.
1Y: 6.46% · 3Y CAGR: 7.33% · 5Y CAGR: 6.72%
The expense ratio of NIPPON INDIA ARBITRAGE FUND - MONTHLY IDCW Option is 1.37% per annum. This is the annual fee charged by the fund to manage your investment.
NIPPON INDIA ARBITRAGE FUND - MONTHLY IDCW Option is managed by Payal Kaipunjal at Nippon India Mutual Fund.
NIPPON INDIA ARBITRAGE FUND - MONTHLY IDCW Option is classified as a Moderate risk fund. It is suitable for investors with a moderate risk appetite.
NIPPON INDIA ARBITRAGE FUND - MONTHLY IDCW Option is a Arbitrage fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in NIPPON INDIA ARBITRAGE FUND - 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 - MONTHLY IDCW Option is ₹16,916 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.
Discussion
User-generated content — not investment advice, and not verified or endorsed by TopFund.
No comments yet — start the discussion.