{
"debt": "Debt/Cash 27.07%",
"equity": "Equity 72.93%",
"AFRGG": {
"nav": "10000",
"date": "31-10-2025",
"since": {
"bajajflexi": "6.43",
"bajajsmall": "7.51",
"bajajnifty": "7.10"
},
"6_month_ago": {
"bajajflexi": "6.02",
"bajajsmall": "7.74",
"bajajnifty": "6.65"
}
},
"AFDGG": {
"nav": "10001",
"date": "31-10-2025",
"since": {
"bajajflexi": "7.18",
"bajajsmall": "7.51",
"bajajnifty": "7.10"
},
"6_month_ago": {
"bajajflexi": "6.76",
"bajajsmall": "7.74",
"bajajnifty": "6.65"
}
}
}

Bajaj Finserv Arbitrage Fund

Hybrid

Regular Growth

Direct Growth

NAV	Risk Type
₹13.1234 as on 20-09-2024	Low

For -

Since Inception

1 Year

As on 30-09-2024

Bajaj Finserv Arbitrage Fund

6.76%

Nifty 50 Arbitrage Index

7.49%

CRISIL 1 Year T-Bill Index

7.53%

Invest Now

This is a hybrid fund with Nifty 50 Arbitrage Index (TRI) as its benchmark. The risk level for this fund is categorised as Low.

Total AUM

₹949.49 crores

as on 31-10-2025

Benchmark

Nifty 50 Arbitrage Index

Min. SIP Amount

₹500

Inception Date

15-09-2023

Benefits of investing in Bajaj Finserv Arbitrage Fund

Low volatility advantage

Arbitrage index scores favourable on the risk parameters vis-a-vis equities.

No credit risk

The fund endeavors to negate the credit and duration risk by investing in short term debt instruments that are highly rated.

Equity taxation

Arbitrage funds offer a better tax advantage than debt funds.

Investment Objective

The investment objective of the scheme is to seek to generate returns by investing in arbitrage opportunities in the cash and derivatives segments of the equity markets and by investing balance in debt and money market instruments.

Disclaimer: However, there is no assurance that the investment objective of the scheme will be achieved.

About Bajaj Finserv Arbitrage Fund

Bajaj Finserv Arbitrage Fund is an open-ended scheme that invests in arbitrage opportunities in the cash and derivatives segments of equity markets. A portion of the portfolio may also be allocated to high-rated debt and money market instruments.

The scheme is suitable for risk-averse investors who want to park surplus funds in a relatively stable investment avenue or those looking for an alternative to savings accounts that can potentially offer reasonable returns. The scheme has entails relatively low risk and aims to create a market neutral strategy that can find arbitrage potential in different conditions.

Asset Allocation

Under normal circumstances:
Equity and equity-related instruments including derivatives and stock options:
Maximum: 100%, Minimum: 65% (Risk profile - Very high)
Debt and money market instruments including the margin money deployed in derivative
transactions (including units of liquid schemes of Bajaj Finserv Mutual Fund):
Maximum: 35%, Minimum: 0% (Risk profile - Low to moderate)
Non-convertible preference shares:
Maximum: 10%, Minimum: 0% (Risk profile: Very High)

Under defensive circumstances:
Equity and equity related instruments including derivatives and stock options:
Maximum: 65%, Minimum: 0% (Risk profile - High)
Debt and money market instruments including the margin money deployed in derivative
transactions (including units of liquid schemes of Bajaj Finserv Mutual Fund):
Maximum: 100%, Minimum: 35% (Risk profile - Low to moderate)
Non-convertible preference shares:
Maximum: 10%, Minimum: 0% (Risk profile: Very High

For detailed asset allocation, please refer to the Scheme Information Document.

Portfolio - Current Allocation

Top Holding

Top Holdings

Arbitrage (Cash Long)

72.93%

Bajaj Finserv Mutual Fund

24.51%

Allocation by Market Cap

Equities

72.93%

Mutual Fund Units

24.51%

Top Sectors

Banks

20.31%

Finance

10.35%

Petroleum Products

5.08%

Telecom - Services

4.37%

Ferrous Metals

2.77%

Consumer Durables

2.55%

See All Holdings

As on 31-10-2025

Top Holdings

Bajaj Finserv Mutual Fund)

24.51%

Reverse Repo / TREPS

2.86%

Cash Receivables/Payable

-0.30%

Credit rating profile

Reverse Repo / TREPS & Net Current Assets

2.86%

Instrument break-up

No data to display

As on 31-10-2025

Historical Returns (as per SEBI format) As on 31-10-2025

Tenors	CAGR		Current value of ₹10,000 Invested
Tenors	Since Inception	1Y	Since Inception	1Y
Bajaj Finserv Arbitrage Fund	6.43%	6.02%	11,419	10,602
Nifty 50 Arbitrage Index	7.51%	7.74%	11,667	10,774
CRISIL 1 Year T-Bill Index	7.10%	6.65%	11,573	10,665

Disclaimer: Past performance may or may not be sustained in future.
Different Plans i.e. Regular Plan and Direct Plan under the scheme have different expense structure. Performance is provided for Regular Plan - Growth Option. Inception Date: 15^th September 2023 Period for which scheme's performance has been provided is computed basis last day of the previous month preceding the date of this material.
Returns less than 1 year period are simple annualized and greater than 1 year are compounded annualized.

Portfolio Parameters As on 31-10-2025

YTM	6.09%
Average Maturity	97 Days
Macaulay Duration	97 Days
Modified Duration	91 Days

YTM details should not be construed as indicative returns and the securities bought by the Fund may or may not be held till the respective maturities.

Who should invest in Bajaj Finserv Arbitrage Fund?

Risk-averse investors looking to their park surplus funds.
Investors who want to take advantage of equity taxation.
Investors looking for alternatives to overnight funds and savings bank deposits.

Fund Managers

Nimesh Chandan

Chief Investment Officer

View in detail

Siddharth Chaudhary

Head – Fixed Income

View in detail

Fund Details

Type of Scheme

An open ended scheme investing in arbitrage opportunities.

Minimum Application Amount

Fresh subscription - Rs. 500/- and in multiples of Re. 1/-
Systematic Investment Plan (SIP):
From Rs. 500 up to Rs. 1,000: minimum 60 instalments.
Above Rs. 1,000: minimum 6 instalments.

Load Structure/Lock-In Period

Entry load – Not applicable
Exit load – 0.25% of applicable NAV if redeemed/switched out within 15 days from the date of allotment.
Nil, if redeemed/switched out after 15 days from the date of allotment.
The scheme will not levy exit load in case the timelines for rebalancing portfolio as stated in SEBI circular dated March 30, 2022 is not complied with.

Options/Sub-Option

Growth option
Income Distribution cum Capital Withdrawal (IDCW) option will offer the following sub-options:

Payout
Reinvestment
Transfer

Total Expense Ratio (TER)

Click Here

to view Total Expense Ratio

Product Label and Riskometer

This product is suitable for investors who are seeking*:

Short term income generation
Income through arbitrage opportunities in the cash and derivatives segments of the equity markets

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Documents

Presentation

Application Form

Scheme Information Document (SID)

Key Information Memorandum (KIM)

Statement of Additional Information (SAI)

One pager

Arbitrage Funds: Overview

Arbitrage Funds are hybrid mutual funds that aim to generate returns by exploiting price differences of the same security in the cash and derivatives markets. When such differences arise, the fund simultaneously buys in one market and sells in the other, potentially locking in a small, low-risk spread. Because these trades are typically hedged, arbitrage funds tend to carry relatively low volatility compared with other equity-oriented funds.

They may be suitable for investors seeking short-term parking of money with equity taxation benefits and lower risk levels. However, returns depend on market volatility and available arbitrage opportunities, and are not guaranteed.

Individuals can invest in arbitrage funds via SIP investments or lumpsum.

Bajaj Finserv Arbitrage Fund - Regular & Direct Plans

When you invest in the Bajaj Finserv Arbitrage Fund, you can select either the Direct Plan or the Regular Plan.

Direct Plan

If you are an investor that is looking to start his investment journey independently. A direct plan can be the suitable fit for you. As a direct plan has no distributor, there are no commission payouts and hence a lower expense ratio. This can help improve your net returns over time.

Regular Plan

This plan is tailored for investors who are seeking guidance. If you are a novice investor, you can start your investment journey with the assistance of a registered distributor. This can lead to a slightly higher expense ratio however you support through your investment transactions.

How to invest in Bajaj Finserv Arbitrage Fund

You can invest in the Bajaj Finserv Arbitrage Fund either online or offline.

Offline: If you're investing through a distributor, they’ll give you the application form, help you fill it out, and submit it on your behalf. Alternatively, you can invest directly by submitting your completed form at the AMC’s Official Point of Acceptance (OPAT).
Online: Invest via your demat or online trading account, or visit the Bajaj Finserv AMC investor portal, register/log in, and complete the investment digitally.

Taxation on Bajaj Finserv Arbitrage Fund

Being an arbitrary (equity-arbitrage) fund, Bajaj Finserv Arbitrage Fund follows debt-oriented mutual fund tax rules due to its underlying structure.

Short-Term Capital Gains (STCG): If you redeem units within three years, the gains are taxed at your applicable income tax slab rate, along with surcharge and cess.
Long-Term Capital Gains (LTCG): If you hold your investment for more than three years, gains qualify as long-term and are taxed at 20% with indexation benefits, plus surcharge and cess.

Explore Related Hybrid Funds

Balanced Advantage Fund	Equity Savings Fund	Multi Asset Allocation Fund

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Equity Funds	Debt Funds	Hybrid Funds	Index Funds
Exchange Traded Fund Funds	Savings Plus	All Mutual Funds

Frequently Asked Questions

An arbitrage fund is an hybrid mutual fund that aims to profit from the price difference of the same asset between two markets. This could include buying an asset at a lower price in the spot market and selling it for higher in the derivatives market or capitalising on the price difference of an asset between two stock exchanges. The purchase and sale transactions are made simultaneously to benefit from brief pricing inefficiencies.

An arbitrage fund is suited to investors with a low-to-moderate risk appetite seeking to earn potentially reasonable returns over a short investment horizon.

No, earnings on arbitrage funds are subject to tax. Arbitrage funds are taxed as equity mutual funds. A short-term capital gains tax of 20% is levied on earnings held for less than year. For units held for more than a year, gains of up to Rs. 1.25 lakh are tax-exempt. Thereon, the tax rate is 12.5%.

Like all mutual funds, arbitrage funds are subject to market risks. However, they fall in the low-risk category. The instantaneous nature of arbitrage trades makes these funds less vulnerable to wider market trends.

No mutual fund investment is risk-free and equity funds are considered to carry greater risk than debt mutual funds. Additionally, flexi cap mutual funds may be more volatile than large cap funds, which tend to offer relatively stable returns because they invest in top-tier companies.
However, a skilled fund manager of a flexi cap fund will aim to mitigate risks by altering the allocation between the different market capitalisations based on the economic conditions and their insights.

Low volatality, no credit risk and benefits on equity taxation are some of the major advantages of Bajaj Finserv Arbitrage Fund.

This scheme can be a suitable option for risk-averse investors looking to park their surplus funds and those who are seeking an alternative to overnight funds.

NAVs are updated every business day and differ across plans. Please check the latest value on the AMC website or a trusted financial platform.

Assets Under Management figures change periodically. Refer to the most recent fund factsheet or the AMC’s official portal.

The fund’s risk level is disclosed under the SEBI Riskometer framework. For the most current rating, visit the scheme’s product page or latest factsheet.

Top holdings shift based on investment decisions. Please refer to the latest monthly portfolio statement on the AMC website.

The fund follows an arbitrage-driven strategy. For current asset mix details, consult the latest factsheet or scheme information document.

Returns fluctuate with market conditions. Review the latest performance metrics on the AMC site or a reliable financial platform or the latest factsheet.

The fund typically has no mandatory lock-in period. However, exit loads (if any) may apply—please review the scheme details for specifics.

Expense ratios vary between Direct and Regular plans and are revised periodically. Check the latest factsheet for up-to-date charges.