LIC MF Arbitrage Direct Plan Growth

Low Risk
Alternative
Arbitrage Fund

NAV as on Jun 25, 2026

Price per unit of the scheme.

₹ 15.36900.08%1 Day Change

0.72%

Minimum Investment₹5000

Expense Ratio0.31%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.

*Morningstar Rating Methodology i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions

FUND PERFORMANCE

As On Jan 01, 2023

Compare fund’s performance against category average across different time periods

No Data Found.

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

FUND COMPARISON

1M 3M 6M 1Y 3Y 5Y

This Fund

LIC MF Arbitrage Direct Plan Growth

Alternative: Arbitrage Fund Average NAV

Topper in Alternative: Arbitrage Fund

All Fund

No Data Found.

*For the other fund, rescaled NAVs are used

RETURN CALCULATOR

Check the return on your investment in the fund

LIC MF Arbitrage Direct Plan Growth

Investment Type

Monthly Investment

Time Period (yrs)

Annual Return in %

Invested Amount
₹0
Return
₹0

Current Value
₹0

FUND SUMMARY

Benchmark

NIFTY 50 Arbitrage TR INR

Expense Ratio

0.31%

Category Avg Expense Ratio

0.38%

Minimum Investment (Lumpsum/SIP)

₹ 5000 /₹ 1000

Lock In (Years)

No Lock-in

Fund Size

₹ 239.22 Cr(As on May, 2026)

Inception Date

Jan 25, 2019

Turnover

987.00 %

Exit Load

For redemption/switch out of units on or before 1 month from the date of allotment 0.25% of applicable NAV. For redemption/switch out of units after 1 month from the date of allotment Nil.

Objective: The investment objective of the scheme is to generate income by taking advantage of arbitrage opportunities that potentially exists between cash and derivative market and within the derivative segment of the equity market along with investments in debt securities & money market instruments.However, there is no assurance that the investment objective of the Schemes will be realized.

LIC MF Arbitrage Direct Plan Growth is an Alternative - Arbitrage Fund fund. The fund was launched inJan 25, 2019. Its risk level is . The NAV of the fund as onJun 25, 2026 is ₹15.37. Its expense ratio is 0.31 %. The fund has an AUM of ₹239.22 Cr.The fund is managed bySanjay Pawar,Jaiprakash Toshniwal,Pratik Shroff,Sumit Bhatnagar.
The minimum initial investment is ₹5000 in Lumpsum mode.

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FUND MANAGER

Jaiprakash Toshniwal

Lead Fund Manager.

Sep 6, 2021 - Present

Schemes managed11
Total AUM₹ 4,464.76 Cr
Highest Return In 1 Yr17.06 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

LIC MF Balanced Advantage Fund Direct Growth

₹ 14.55

1.88%

0.94%

Very High Risk

₹675.48Cr

LIC MF Banking & Financial Services Fund Direct Growth

₹ 24.54

3.13%

4.02%

Very High Risk

₹256.29Cr

LIC MF Arbitrage Direct Plan Growth

₹ 15.37

0.72%

0.67%

Low Risk

₹239.22Cr

LIC MF Balanced Advantage Fund Direct Growth

Very High Risk--

NAV₹ 14.55
Fund Size₹675.48Cr

Fund Return1.88%

Category Return0.94%

LIC MF Banking & Financial Services Fund Direct Growth

Very High Risk

NAV₹ 24.54
Fund Size₹256.29Cr

Fund Return3.13%

Category Return4.02%

LIC MF Arbitrage Direct Plan Growth

Low Risk--

NAV₹ 15.37
Fund Size₹239.22Cr

Fund Return0.72%

Category Return0.67%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

Sanjay Pawar

Lead Fund Manager.

Jan 1, 2022 - Present

Schemes managed10
Total AUM₹ 50,946.07 Cr
Highest Return In 1 Yr6.60 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

LIC MF Unit Linked Insurance 10 Yrs Regular Premium Reducing Cover Quarterly - Direct

₹ 40.64

2.91%

2.44%

Very High Risk

₹424.29Cr

LIC MF Short Term Debt Fund Direct Growth

₹ 16.52

1.85%

1.53%

Low to Moderate Risk

₹129.66Cr

Aditya Birla Sun Life Liquid Direct Plan Growth

₹ 452.71

0.66%

0.40%

Moderate Risk

₹47,519.52Cr

LIC MF Unit Linked Insurance 10 Yrs Regular Premium Reducing Cover Quarterly - Direct

Very High Risk--

NAV₹ 40.64
Fund Size₹424.29Cr

Fund Return2.91%

Category Return2.44%

LIC MF Short Term Debt Fund Direct Growth

Low to Moderate Risk

NAV₹ 16.52
Fund Size₹129.66Cr

Fund Return1.85%

Category Return1.53%

Aditya Birla Sun Life Liquid Direct Plan Growth

Moderate Risk--

NAV₹ 452.71
Fund Size₹47,519.52Cr

Fund Return0.66%

Category Return0.40%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

Pratik Shroff

Lead Fund Manager.

Sep 26, 2023 - Present

Schemes managed13
Total AUM₹ 10,338.38 Cr
Highest Return In 1 Yr6.60 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

LIC MF Childrens Gift Fund Direct Plan

₹ 37.48

3.40%

Very High Risk

₹15.06Cr

IDBI Equity Savings Growth Option Direct

₹ 31.90

-0.43%

0.97%

Moderately High risk

₹35.10Cr

LIC MF Debt Hybrid Fund Direct Plan Growth Option

₹ 94.02

2.19%

1.34%

Moderately High risk

₹45.83Cr

LIC MF Childrens Gift Fund Direct Plan

Very High Risk

NAV₹ 37.48
Fund Size₹15.06Cr

Fund Return3.40%

Category Return--

IDBI Equity Savings Growth Option Direct

Moderately High risk

NAV₹ 31.90
Fund Size₹35.10Cr

Fund Return-0.43%

Category Return0.97%

LIC MF Debt Hybrid Fund Direct Plan Growth Option

Moderately High risk

NAV₹ 94.02
Fund Size₹45.83Cr

Fund Return2.19%

Category Return1.34%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

Sumit Bhatnagar

Lead Fund Manager.

Oct 3, 2023 - Present

Schemes managed13
Total AUM₹ 5,994.74 Cr
Highest Return In 1 Yr41.66 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

LIC MF S & P BSE Sensex Index Direct Plan Growth option

₹ 155.33

1.06%

Very High Risk

₹88.27Cr

LIC MF Nifty 50 Index Fund Direct Plan Growth Option

₹ 143.89

0.37%

Very High Risk

₹355.59Cr

IDBI Equity Savings Growth Option Direct

₹ 31.90

-0.43%

0.97%

Moderately High risk

₹35.10Cr

LIC MF S & P BSE Sensex Index Direct Plan Growth option

Very High Risk

NAV₹ 155.33
Fund Size₹88.27Cr

Fund Return1.06%

Category Return--

LIC MF Nifty 50 Index Fund Direct Plan Growth Option

Very High Risk

NAV₹ 143.89
Fund Size₹355.59Cr

Fund Return0.37%

Category Return--

IDBI Equity Savings Growth Option Direct

Moderately High risk

NAV₹ 31.90
Fund Size₹35.10Cr

Fund Return-0.43%

Category Return0.97%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

DETAILED PORTFOLIO

As on May, 2026

EQUITY (-0.50%)

DEBT (9.81%)

CASH (90.65%)

Allocation by Market Cap

Large Cap(69.77%)

Mid Cap(29.03%)

Small Cap(1.20%)

Other Cap(0.05%)

Industry Holdings

Banks Regional34.84%
Aluminum9.00%
Telecom Services8.33%
Oil Gas Refining Marketing8.05%
Airports Air Services7.81%
Aerospace Defense7.06%

Stock Holdings

Future on ICICI Bank Ltd6.62%
ICICI Bank Ltd6.54%
HDFC Bank Ltd6.47%
Future on HDFC Bank Ltd6.44%
Future on State Bank of India6.04%
State Bank of India5.99%

PERFORMANCE MEASURES

Fund evaluation across critical parameters for better decision making. Study period is 3 years.

Consistency
i
It represents the consistency of a fund in beating its benchmark.
----
Downside Risk
i
Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
----
Risk Adjusted Return
i
Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
Volatility
i
Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
Upside Capture Ratio
i
Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
----
Downside Capture Ratio
i
Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.
----

HISTORICAL RISK MEASURES

Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.

Alpha: Excess return of the fund over benchmark
i
Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
--
This Fund
VS
--
Category Avg
R-Squared: How well the fund tracks benchmark
i
R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
--
This Fund
VS
--
Category Avg

Beta: Risk of the fund in relation to benchmark
i
Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
--
This Fund
VS
--
Category Avg
Sharpe Ratio: Risk adjusted return of the fund
i
Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
1.73
This Fund
VS
0.68
Category Avg

Sortino Ratio: Return per unit of bad risk
i
A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
3.12
This Fund
VS
1.38
Category Avg
Standard Devation: Volatility of the fund
i
Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
0.41
This Fund
VS
0.61
Category Avg

Benchmark used in calculation : S&P BSE 500 India TR INR

PEER ANALYSIS

card
table

Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

TOP FUNDS FROM THIS AMC

card
table

Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

ABOUT THE AMC

LIC Mutual Fund Asset Management Limited

LIC Mutual Fund Asset Management Limited manages assets worth ₹ 45,299.92 crores. It’s current offering of mutual fund schemes includes 12 equity, 7 debt and 6 hybrid schemes.

Phone

+91 022-66016000

cs.co@licmf.com

AUM

₹ 45,299.92 Cr (

As on May 31, 2026

)

Address

4th Floor, Industrial Assurance Building, Mumbai,400 020

FAQs

What is the category of LIC MF Arbitrage Direct Plan Growth ?

The category of LIC MF Arbitrage Direct Plan Growth is Alternative - Arbitrage Fund

What is the current NAV of LIC MF Arbitrage Direct Plan Growth ?

The current NAV of LIC MF Arbitrage Direct Plan Growth as on Jun 25, 2026 is ₹15.37

How safe is LIC MF Arbitrage Direct Plan Growth ?

The risk level of LIC MF Arbitrage Direct Plan Growth is Low.

What are short term returns given by LIC MF Arbitrage Direct Plan Growth ?

The return given by LIC MF Arbitrage Direct Plan Growth in 1 month is 0.72%, 3 months is 1.62%, 6 months is 3.40%, and 1 year is 6.60%

What are the long term returns given by LIC MF Arbitrage Direct Plan Growth ?

The return given by LIC MF Arbitrage Direct Plan Growth in 3 years is 7.26% and 5 years is 6.45%.

What is the expense ratio of LIC MF Arbitrage Direct Plan Growth ?

The expense ratio of LIC MF Arbitrage Direct Plan Growth is 0.31%

What is the AUM of LIC MF Arbitrage Direct Plan Growth ?

The assets under Management (AUM) of LIC MF Arbitrage Direct Plan Growth is Rs 239.22 crores.

What is the minimum investment in LIC MF Arbitrage Direct Plan Growth ?

The minimum Lumpsum investment in LIC MF Arbitrage Direct Plan Growth is ₹5,000.00 and the minimum SIP investment in LIC MF Arbitrage Direct Plan Growth is ₹1,000.00

What is the asset allocation of LIC MF Arbitrage Direct Plan Growth?

LIC MF Arbitrage Direct Plan Growth has an exposure of 9.81% in Debt and 90.65% in Cash & Money Market Securities