Hybrid · Hybrid Scheme - Arbitrage Fund

ITI Arbitrage Fund

ITI · Direct Plan · Growth · as of 2026-10-22

₹14.67 -0.17% today

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Key metrics

Latest NAV

₹14.67

Day change

-0.17%

Volatility

1.1%

Sharpe

-0.07

Max drawdown

-0.6%

Expense ratio

0.22%

AUM

₹83 Cr

Category rank

32 / 40

Further reading: Median maximum drawdown by fund category, measured across 1,767 funds

Trailing returns

Period	1W	1M	3M	6M	1Y	3Y	5Y	7Y	10Y
Return	0.21%	0.57%	1.42%	2.78%	6.42%	7.21%	6.26%	5.51%	–

Returns up to 1Y are absolute; 1Y and longer are annualised (CAGR). Source: public AMFI NAV data.

NAV history

Chart shows the fund's available daily NAV history. Daily NAV data begins around 2006, so older funds may predate this range.

About this fund

ITI Arbitrage Fund is a arbitrage fund offered by ITI Mutual Fund, classified under Hybrid as Hybrid Scheme - Arbitrage Fund. Arbitrage funds are generally low-volatility and are taxed as equity funds. Its latest NAV is ₹14.67, with assets under management of about ₹83 Cr (April - June 2026).

Further reading: What a category rank actually tells you

Performance analysis

Over the trailing one year, ITI Arbitrage Fund has recorded a return of about 6.4%, with a three-year return of 7.2% and a five-year return of 6.3%. Its annualised volatility is 1.1% — relatively low fluctuations — and its Sharpe ratio is -0.07, a measure of return per unit of risk taken. The direct-plan base expense ratio is 0.22%, deducted daily from the NAV.

Further reading: Reading a fund page: what each number does and doesn't say

Rolling returns

Window	Avg	Median	Min	Max	% Pos	% >12
1Y	5.52	6.20	2.49	8.65	100%	0%
3Y	5.64	5.73	3.16	7.76	100%	0%
5Y	5.58	5.55	4.93	6.29	100%	0%
7Y	5.51	5.51	5.47	5.59	100%	0%

Each row takes every possible start date in the fund's history and computes the annualised return (CAGR) over that window. Avg/Median = the typical outcome; Min/Max = worst and best; % Pos = how often the window ended positive; % >12 = how often it beat 12% a year. Higher consistency means timing mattered less.

Further reading: Why a single trailing return misleads, measured across 830 funds

Frequently asked questions

What does ITI Arbitrage Fund invest in?

It invests primarily in offsetting cash and derivative positions to capture price differences.

How is this fund classified?

It is a Hybrid Scheme - Arbitrage Fund fund in the Hybrid group.

How often is the NAV updated?

Mutual fund NAVs are declared by the AMC on every business day. This page sources NAV from public AMFI data and refreshes twice daily.

What is its expense ratio?

0.22% (direct plan, base expense ratio), deducted daily from the NAV. Some platforms quote a higher all-in Total TER — verify with the AMC.

How is the rolling return calculated?

Rolling return averages the fund's annualised return over every possible window of a given length across its history, rather than a single start-to-end period — reducing the effect of one lucky or unlucky entry date.

Is past performance a guarantee of future returns?

No. Past performance does not indicate future results; mutual fund values fluctuate with markets. Read all scheme-related documents carefully before investing.

Compare with peers

Further reading: Every fund measured against the best performer in its own category

Similar Hybrid Scheme - Arbitrage Fund

Fund	1M	3M	6M	1Y	3Y	5Y	10Y	TER %
Mirae Asset Arbitrage Fund Hybrid Scheme - Arbitrage Fund	0.62	1.54	3.22	6.74	7.34	6.82	–	0.13
Mahindra Manulife Arbitrage Fund Hybrid Scheme - Arbitrage Fund	0.54	1.38	2.82	6.15	6.38	5.88	–	0.32
Sundaram Arbitrage Fund Hybrid Scheme - Arbitrage Fund	0.59	1.45	3.22	6.77	7.20	–	–	0.20
BARODA BNP PARIBAS ARBITRAGE FUND Hybrid Scheme - Arbitrage Fund	0.60	1.45	2.95	6.37	7.27	–	–	0.31
NJ Arbitrage Fund Hybrid Scheme - Arbitrage Fund	0.59	1.40	2.96	6.26	6.78	–	–	0.20
HSBC Arbitrage Fund Hybrid Scheme - Arbitrage Fund	0.56	1.46	3.02	6.53	7.16	–	–	0.22
Bajaj Finserv Arbitrage Fund Hybrid Scheme - Arbitrage Fund	0.63	1.47	3.06	6.54	6.96	–	–	0.32
Parag Parikh Arbitrage Fund Hybrid Scheme - Arbitrage Fund	0.54	1.45	3.01	6.39	–	–	–	0.19

More funds from ITI

Fund	1M	3M	6M	1Y	3Y	5Y	10Y	TER %
ITI Business Cycle Fund Sectoral/Thematic - Business Cycle	-9.95	-5.03	-4.12	–	–	–	–	0.53
ITI Multi Asset Allocation Fund Hybrid Scheme - Multi Asset Allocation Fund	-4.55	–	–	–	–	–	–	–
ITI Liquid Fund Debt Scheme - Liquid Fund	0.39	1.39	2.89	6.07	6.64	6.16	–	0.13
ITI Multi Cap Fund Equity Scheme - Multi Cap Fund	-5.47	-2.53	3.05	5.16	14.82	12.67	–	0.54
ITI ELSS Tax Saver Fund Equity Scheme - ELSS	-7.75	-7.10	-2.79	-5.07	13.28	11.05	–	0.62
ITI Overnight Fund Debt Scheme - Overnight Fund	0.42	1.21	2.45	4.98	5.78	5.56	–	0.11
ITI Balanced Advantage Fund Hybrid Scheme - Balanced Advantage Fund	-6.72	-4.33	-3.17	-7.17	6.88	6.09	–	0.64
ITI Small Cap Fund Equity Scheme - Small Cap Fund	-8.52	-3.50	10.47	10.34	20.24	16.50	–	0.47

Returns ≥ 1Y are annualised (CAGR). TER = direct-plan base expense ratio. Click a fund to open its page.