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Open Ended Schemes ( Hybrid Scheme - Arbitrage Fund ) Mutual Funds in India
Quantitative risk-adjusted comparison across 145 AMFI-registered Open Ended Schemes ( Hybrid Scheme - Arbitrage Fund ) schemes. Category Median 3Y CAGR: +6.51% p.a. • Category Median 3Y Sortino: -0.17.
Data last synced: 2026-11-10 09:32 (Latest NAV: 2026-11-09)
Schemes Ranked by 3-Year Sortino Ratio (Downside Risk Efficiency)
| Category Rank | Scheme Name | AMC | Plan | 3Y CAGR | 3Y Sortino | Max Drawdown |
|---|---|---|---|---|---|---|
| #1 | BANDHAN Arbitrage Fund - Plan B - Dividend (AMFI 108844) | Bandhan Mutual Fund | Regular Plan | +14.79% | 5.31 | -1.88% |
| #2 | HDFC ARBITRAGE FUND - Growth Option - Direct Plan (AMFI 118931) | HDFC Mutual Fund | Direct Plan | +7.42% | 1.63 | -0.73% |
| #3 | HDFC ARBITRAGE FUND - Quarterly IDCW Option - Direct Plan (AMFI 118930) | HDFC Mutual Fund | Direct Plan | +7.42% | 1.62 | -0.73% |
| #4 | TATA Arbitrage Fund Direct Plan - Monthly Reinvestment of Income Distribution cum capital withdrawal option (AMFI 145725) | Tata Mutual Fund | Direct Plan | +7.44% | 1.39 | -1.40% |
| #5 | TATA Arbitrage Fund Direct Plan - Monthly Payout of Income Distribution cum capital withdrawal option (AMFI 145727) | Tata Mutual Fund | Direct Plan | +7.44% | 1.39 | -1.35% |
| #6 | Tata Arbitrage Fund-Direct Plan-Growth (AMFI 145724) | Tata Mutual Fund | Direct Plan | +7.44% | 1.39 | -0.57% |
| #7 | Aditya Birla Sun Life Arbitrage Fund - Growth - Direct Plan (AMFI 119526) | Aditya Birla Sun Life Mutual Fund | Direct Plan | +7.41% | 1.28 | -0.54% |
| #8 | Kotak Arbitrage Fund - Direct Plan - Growth (AMFI 119771) | Kotak Mahindra Mutual Fund | Direct Plan | +7.44% | 1.28 | -0.57% |
| #9 | Edelweiss Arbitrage Fund - Direct Plan - IDCW Option (AMFI 130209) | Edelweiss Mutual Fund | Direct Plan | +7.39% | 1.27 | -4.11% |
| #10 | Edelweiss Arbitrage Fund- Direct Plan- Growth Option (AMFI 130206) | Edelweiss Mutual Fund | Direct Plan | +7.39% | 1.27 | -0.53% |
| #11 | NIPPON INDIA ARBITRAGE FUND - DIRECT Plan - IDCW Option (AMFI 118587) | Nippon India Mutual Fund | Direct Plan | +7.30% | 1.11 | -15.44% |
| #12 | NIPPON INDIA ARBITRAGE FUND - DIRECT Plan - MONTHLY IDCW Option (AMFI 128821) | Nippon India Mutual Fund | Direct Plan | +7.30% | 1.11 | -1.08% |
| #13 | Nippon India Arbitrage Fund - Direct Plan Growth Plan - Growth Option (AMFI 118585) | Nippon India Mutual Fund | Direct Plan | +7.30% | 1.11 | -0.62% |
| #14 | BANDHAN Arbitrage Fund-Direct Plan- Growth (AMFI 118474) | Bandhan Mutual Fund | Direct Plan | +7.29% | 1.10 | -0.75% |
| #15 | HDFC ARBITRAGE FUND -Direct Plan - Growth Option (AMFI 129052) | HDFC Mutual Fund | Direct Plan | +7.29% | 1.06 | -0.73% |
| #16 | quant Arbitrage Fund - Growth Option - Direct Plan (AMFI 153426) | quant Mutual Fund | Direct Plan | N/A | 1.02 | -0.39% |
| #17 | DSP Arbitrage Fund - Direct - Growth (AMFI 142283) | DSP Mutual Fund | Direct Plan | +7.20% | 0.96 | -0.60% |
| #18 | Sundaram Arbitrage Fund (Formerly Known as Prinicpal Arbitrage Fund) - Direct Plan - Growth (AMFI 149550) | Sundaram Mutual Fund | Direct Plan | +7.24% | 0.93 | -0.54% |
| #19 | quant Arbitrage Fund - IDCW Option - Direct Plan (AMFI 153427) | quant Mutual Fund | Direct Plan | N/A | 0.93 | -0.39% |
| #20 | ITI Arbitrage Fund - Direct Plan - Growth Option (AMFI 147617) | ITI Mutual Fund | Direct Plan | +7.29% | 0.92 | -0.58% |
| #21 | ITI Arbitrage Fund - Direct Plan - IDCW Option (AMFI 147615) | ITI Mutual Fund | Direct Plan | +7.29% | 0.92 | -0.58% |
| #22 | BARODA BNP PARIBAS ARBITRAGE FUND-DIRECT PLAN-GROWTH OPTION (AMFI 150251) | Baroda BNP Paribas Mutual Fund | Direct Plan | +7.16% | 0.92 | -0.30% |
| #23 | Union Arbitrage Fund - Direct Plan - Growth Option (AMFI 146297) | Union Mutual Fund | Direct Plan | +7.19% | 0.92 | -0.59% |
| #24 | Union Arbitrage Fund - Direct Plan - IDCW Option (AMFI 146296) | Union Mutual Fund | Direct Plan | +7.19% | 0.92 | -1.90% |
| #25 | Motilal Oswal Arbitrage Fund-Direct Plan-Growth (AMFI 153187) | Motilal Oswal Mutual Fund | Direct Plan | N/A | 0.86 | -0.38% |
| #26 | LIC MF Arbitrage Fund-Direct Plan-Weekly IDCW (AMFI 145891) | LIC Mutual Fund | Direct Plan | +7.10% | 0.80 | -1.60% |
| #27 | LIC MF Arbitrage Fund-Direct Plan-Growth (AMFI 145895) | LIC Mutual Fund | Direct Plan | +7.10% | 0.80 | -0.65% |
| #28 | Franklin India Arbitrage Fund - Direct - Growth (AMFI 153043) | Franklin Templeton Mutual Fund | Direct Plan | N/A | 0.74 | -0.44% |
| #29 | Franklin India Arbitrage Fund - Direct - IDCW (AMFI 153041) | Franklin Templeton Mutual Fund | Direct Plan | N/A | 0.74 | -0.44% |
| #30 | PGIM India Arbitrage Fund - Direct Plan - Growth (AMFI 138875) | PGIM India Mutual Fund | Direct Plan | +7.06% | 0.72 | -0.71% |
| #31 | Bajaj Finserv Arbitrage Fund- Direct Plan-IDCW (AMFI 152080) | Bajaj Finserv Mutual Fund | Direct Plan | +7.00% | 0.68 | -0.41% |
| #32 | Bajaj Finserv Arbitrage Fund-Direct Plan-Growth (AMFI 152077) | Bajaj Finserv Mutual Fund | Direct Plan | +7.00% | 0.68 | -0.41% |
| #33 | Parag Parikh Arbitrage Fund - Direct Plan Growth (AMFI 152109) | PPFAS Mutual Fund | Direct Plan | +6.96% | 0.60 | -0.57% |
| #34 | Navi Arbitrage Fund - Regular Plan Monthly IDCW (AMFI 144787) | Navi Mutual Fund | Regular Plan | N/A | 0.60 | -1.50% |
| #35 | HDFC ARBITRAGE FUND - Retail Growth Option (AMFI 106796) | HDFC Mutual Fund | Regular Plan | +6.81% | 0.53 | -0.74% |
| #36 | HDFC ARBITRAGE FUND - Retail IDCW Option (AMFI 106799) | HDFC Mutual Fund | Regular Plan | +6.81% | 0.52 | -5.98% |
| #37 | HDFC ARBITRAGE FUND - Retail Quarterly IDCW Option (AMFI 106797) | HDFC Mutual Fund | Regular Plan | +6.81% | 0.52 | -6.08% |
| #38 | Edelweiss Arbitrage Fund- Regular Plan -Bonus Option (AMFI 130208) | Edelweiss Mutual Fund | Regular Plan | +6.85% | 0.48 | -0.54% |
| #39 | BANK OF INDIA Arbitrage Fund Direct Plan Growth (AMFI 143614) | Bank of India Mutual Fund | Direct Plan | +6.87% | 0.46 | -0.59% |
| #40 | BANK OF INDIA Arbitrage Fund Direct Plan Quarterly IDCW (AMFI 143616) | Bank of India Mutual Fund | Direct Plan | +6.85% | 0.43 | -1.83% |
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