SBI Arbitrage Opportunities Fund Direct Growth

Low Risk
Alternative
Arbitrage Fund

NAV as on Jul 3, 2026

Price per unit of the scheme.

₹ 38.32810.04%1 Day Change

0.91%

Minimum Investment₹5000

Expense Ratio0.40%

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

SBI Arbitrage Opportunities Fund Direct 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

SBI Arbitrage Opportunities Fund Direct 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

0.40%

Category Avg Expense Ratio

0.38%

Minimum Investment (Lumpsum/SIP)

₹ 5000 /₹ 1000

Lock In (Years)

No Lock-in

Fund Size

₹ 43,265.65 Cr(As on May, 2026)

Inception Date

Jan 11, 2013

Turnover

268.00 %

Exit Load

For exit within 15 days from the date of allotment – 0.25%.

Objective: To provide capital appreciation and regular income for unit holders by identifying profitable arbitrage opportunities between the spot and derivative market segments as also through investment of surplus cash in debt and money market instruments.

SBI Arbitrage Opportunities Fund Direct Growth is an Alternative - Arbitrage Fund fund. The fund was launched inJan 11, 2013. Its risk level is . The NAV of the fund as onJul 03, 2026 is ₹38.33. Its expense ratio is 0.40 %. The fund has an AUM of ₹43,265.65 Cr.The fund is managed byNeeraj Kumar,Arun R.,Ardhendu Bhattacharya.
The minimum initial investment is ₹5000 in Lumpsum mode.

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FUND MANAGER

Neeraj Kumar

Lead Fund Manager.

Oct 5, 2012 - Present

Schemes managed2
Total AUM₹ 48,908.31 Cr
Highest Return In 1 Yr6.54 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

SBI Arbitrage Opportunities Fund Direct Growth

₹ 38.33

0.91%

0.84%

Low Risk

₹43,265.65Cr

SBI Equity Savings Direct Growth

₹ 27.32

1.50%

1.77%

High Risk

₹5,642.66Cr

SBI Arbitrage Opportunities Fund Direct Growth

Low Risk--

NAV₹ 38.33
Fund Size₹43,265.65Cr

Fund Return0.91%

Category Return0.84%

SBI Equity Savings Direct Growth

High Risk

NAV₹ 27.32
Fund Size₹5,642.66Cr

Fund Return1.50%

Category Return1.77%

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

Arun R.

Lead Fund Manager.

Jun 30, 2021 - Present

Schemes managed3
Total AUM₹ 68,293.80 Cr
Highest Return In 1 Yr6.54 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

SBI Magnum Ultra Short Duration Fund Direct Plan Growth

₹ 6,484.82

1.04%

0.82%

Moderate Risk

₹11,860.95Cr

SBI Arbitrage Opportunities Fund Direct Growth

₹ 38.33

0.91%

0.84%

Low Risk

₹43,265.65Cr

SBI Magnum Low Duration Fund Direct Plan Growth

₹ 3,870.43

1.23%

1.05%

Moderate Risk

₹13,167.20Cr

SBI Magnum Ultra Short Duration Fund Direct Plan Growth

Moderate Risk

NAV₹ 6,484.82
Fund Size₹11,860.95Cr

Fund Return1.04%

Category Return0.82%

SBI Arbitrage Opportunities Fund Direct Growth

Low Risk--

NAV₹ 38.33
Fund Size₹43,265.65Cr

Fund Return0.91%

Category Return0.84%

SBI Magnum Low Duration Fund Direct Plan Growth

Moderate Risk

NAV₹ 3,870.43
Fund Size₹13,167.20Cr

Fund Return1.23%

Category Return1.05%

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

Ardhendu Bhattacharya

Lead Fund Manager.

Dec 27, 2024 - Present

Schemes managed10
Total AUM₹ 87,903.11 Cr
Highest Return In 1 Yr6.54 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

SBI Retirement Benefit Fund - Conservative Plan Direct Growth

₹ 15.07

3.48%

Moderately High risk

₹144.96Cr

SBI Retirement Benefit Fund - Conservative Hybrid Plan Direct Growth

₹ 16.37

3.70%

High Risk

₹251.67Cr

SBI Retirement Benefit Fund - Aggressive Plan Direct Growth

₹ 21.51

5.64%

Very High Risk

₹3,000.31Cr

SBI Retirement Benefit Fund - Conservative Plan Direct Growth

Moderately High risk--

NAV₹ 15.07
Fund Size₹144.96Cr

Fund Return3.48%

Category Return--

SBI Retirement Benefit Fund - Conservative Hybrid Plan Direct Growth

High Risk--

NAV₹ 16.37
Fund Size₹251.67Cr

Fund Return3.70%

Category Return--

SBI Retirement Benefit Fund - Aggressive Plan Direct Growth

Very High Risk--

NAV₹ 21.51
Fund Size₹3,000.31Cr

Fund Return5.64%

Category Return--

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

DETAILED PORTFOLIO

As on May, 2026

EQUITY (-0.53%)

DEBT (1.84%)

CASH (98.64%)

Allocation by Market Cap

Large Cap(8.33%)

Mid Cap(0.08%)

Small Cap(0.11%)

Other Cap(0.05%)

Industry Holdings

Banks Regional27.74%
Credit Services5.71%
Steel5.50%
Telecom Services5.17%
Oil Gas Refining Marketing4.26%
Drug Manufacturers Specialty Generic3.94%

Stock Holdings

HDFC Bank Ltd5.69%
Future on HDFC Bank Ltd5.67%
Future on ICICI Bank Ltd5.48%
ICICI Bank Ltd5.42%
Future on State Bank of India3.16%
State Bank of India3.13%

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.
1.96
This Fund
VS
0.81
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.
4.06
This Fund
VS
1.68
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.
0.50
This Fund
VS
0.57
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

SBI Funds Management Ltd

SBI Funds Management Ltd manages assets worth ₹ 12,76,995.87 crores. It’s current offering of mutual fund schemes includes 49 equity, 73 debt and 16 hybrid schemes.

Phone

022 - 61793000

partnerforlife@sbimf.com

AUM

₹ 12,76,995.87 Cr (

As on May 31, 2026

)

Address

C-38 & 39, G Block, Bandra Kurla Complex, Mumbai,400 051

FAQs

What is the category of SBI Arbitrage Opportunities Fund Direct Growth ?

The category of SBI Arbitrage Opportunities Fund Direct Growth is Alternative - Arbitrage Fund

What is the current NAV of SBI Arbitrage Opportunities Fund Direct Growth ?

The current NAV of SBI Arbitrage Opportunities Fund Direct Growth as on Jul 03, 2026 is ₹38.33

How safe is SBI Arbitrage Opportunities Fund Direct Growth ?

The risk level of SBI Arbitrage Opportunities Fund Direct Growth is Low.

What are short term returns given by SBI Arbitrage Opportunities Fund Direct Growth ?

The return given by SBI Arbitrage Opportunities Fund Direct Growth in 1 month is 0.91%, 3 months is 1.60%, 6 months is 3.32%, and 1 year is 6.54%

What are the long term returns given by SBI Arbitrage Opportunities Fund Direct Growth ?

The return given by SBI Arbitrage Opportunities Fund Direct Growth in 3 years is 7.49% and 5 years is 6.75%.

What is the expense ratio of SBI Arbitrage Opportunities Fund Direct Growth ?

The expense ratio of SBI Arbitrage Opportunities Fund Direct Growth is 0.40%

What is the AUM of SBI Arbitrage Opportunities Fund Direct Growth ?

The assets under Management (AUM) of SBI Arbitrage Opportunities Fund Direct Growth is Rs 43,265.65 crores.

What is the minimum investment in SBI Arbitrage Opportunities Fund Direct Growth ?

The minimum Lumpsum investment in SBI Arbitrage Opportunities Fund Direct Growth is ₹5,000.00 and the minimum SIP investment in SBI Arbitrage Opportunities Fund Direct Growth is ₹1,000.00

What is the asset allocation of SBI Arbitrage Opportunities Fund Direct Growth?

SBI Arbitrage Opportunities Fund Direct Growth has an exposure of 1.84% in Debt and 98.64% in Cash & Money Market Securities