Zerodha Mutual Fund · #154619
Zerodha Arbitrage Fund - Direct Plan - Growth Option
Hybrid · Arbitrage Fund · Direct · Growth
5-year NAV · change the window using the controls in the rolling-returns card below ↓
2026-08-20 → 2026-10-22
Latest NAV
₹10.1060
as of 2026-10-22 · -0.10% vs 2026-10-21
Earliest NAV in archive
2026-08-20
AMFI archive begins Apr 2006
Trailing CAGR vs assigned benchmark
insufficient data
Monthly returns · since inception (Aug 2026)
How each calendar month went: green months gained, red months lost. Deeper colour = bigger move.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | · | · | · | · | · | · | · | · | +0.1 | +0.5 | · | · | +0.6 |
| Avg | · | · | · | · | · | · | · | · | +0.1 | · | · | · | · |
All values in %. Each cell compares the last NAV of the month with the last NAV of the month before. The latest month is month-to-date; the Year column compounds the months shown on that row.
Portfolio mix · asset class breakdown as of 2026-09-30
Size axis (Style Box) · Large / Mid / Small split of latest disclosed holdings
Per AMFI's semi-annual Categorisation of Stocks (top 100 = Large, 101-250 = Mid, 251+ = Small).
- Large Cap 47.0%
- Mid Cap 16.4%
- Small Cap 5.1%
- Debt 10.2%
- Cash & Equivalents 8.5%
- ETF / FoF (incl. gold/silver) 12.9%
32% of the fund sits outside AMFI-classified equity: debt, cash, ETF/FoF units, REITs, foreign holdings, or unlisted/pre-IPO paper.
Index overlap
· vs · share of this fund's AUM that sits in stocks the index also includes35.9%
17 of 51 holdings are index members
Mostly stocks outside the benchmark universe
As of 2026-09-30
How to read this: This number shows whether the fund invests in the same stocks as the index. It does not show whether the fund weights those stocks like the index. A low number (say below 60%) means the fund holds a meaningful share in stocks the index doesn't carry at all (typical of sectoral, small-cap-tilted or international funds vs a broad benchmark). A high number (80%+) is normal for any large-cap or flexi-cap fund, because Indian active funds mostly pick from the same large and mid-cap stocks as the Nifty 500. It does not on its own signal a closet index fund; to identify that you'd need per-stock weight comparison, which requires index constituent weights we don't currently ingest.
Top stocks held · 51 holdings as of 2026-09-30 See changes vs previous snapshot →
| Stock | Sector | % of fund |
|---|---|---|
| HSBC Liquid Fund - Direct Growth | — | 12.88% |
| 364 Days Treasury Bill 12-Aug-2027 | Sovereign | 10.17% |
| HDFC Bank Limited | Banks | 8.18% |
| ICICI Bank Limited | Banks | 4.36% |
| The Federal Bank Limited | Banks | 3.91% |
| Crompton Greaves Consumer Electricals Limited | Consumer Durables | 2.78% |
| IDFC First Bank Limited | Banks | 2.59% |
| Bharti Airtel Limited | Telecom - Services | 2.50% |
| Bank of Baroda | Banks | 2.45% |
| PNB Housing Finance Limited | Finance | 2.34% |
| Indus Towers Limited | Telecom - Services | 2.31% |
| Axis Bank Limited | Banks | 2.30% |
| Coal India Limited | Consumable Fuels | 2.21% |
| Reliance Industries Limited | Petroleum Products | 2.16% |
| Tata Steel Limited | Ferrous Metals | 2.06% |
| ITC Limited | Diversified FMCG | 2.04% |
| Trent Limited | Retailing | 2.02% |
| Infosys Limited | IT - Software | 1.96% |
| AU Small Finance Bank Limited | Banks | 1.95% |
| Tata Motors Passenger Vehicles Limited | Automobiles | 1.94% |
Sector mix
- Financial Services 37.5%
- ETF / FoF 14.1%
- Sovereign Debt 11.1%
- Oil Gas & Consumable Fuels 6.2%
- Information Technology 5.9%
- Telecommunication 5.3%
- Services 3.8%
- Other 16.1%
Factual data only. No investment advice or recommendation. Read the scheme document and consult a SEBI-registered Investment Adviser for personalised guidance.