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Open Ended Schemes ( Hybrid Schemes - Arbitrage Fund ) Mutual Funds in India

Quantitative risk-adjusted comparison across 95 AMFI-registered Open Ended Schemes ( Hybrid Schemes - Arbitrage Fund ) schemes. Category Median 3Y CAGR: +6.51% p.a. • Category Median 3Y Sortino: -0.31.

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 ICICI Prudential Equity - Arbitrage Fund-Institutional Dividend Option (AMFI 104682) ICICI Prudential Mutual Fund Regular Plan +9.48% 2.71 -9.63%
#2 Invesco India Arbitrage Fund - Direct Plan - Growth Option (AMFI 120401) Invesco Mutual Fund Direct Plan +7.47% 1.33 -0.52%
#3 Invesco India Arbitrage Fund - Direct Plan - IDCW (Payout / Reinvestment) (AMFI 120400) Invesco Mutual Fund Direct Plan +7.47% 1.33 -3.78%
#4 Invesco India Arbitrage Fund - Direct Plan - Annual Bonus (AMFI 130787) Invesco Mutual Fund Direct Plan +7.46% 1.32 -0.52%
#5 UTI Arbitrage Fund - Direct Plan - Growth Option (AMFI 120795) UTI Mutual Fund Direct Plan +7.31% 1.17 -0.70%
#6 Axis Arbitrage Fund - Direct Plan - Growth (AMFI 130773) Axis Mutual Fund Direct Plan +7.32% 1.16 -0.64%
#7 Mirae Asset Arbitrage Fund - Direct Plan - Growth (AMFI 148401) Mirae Asset Mutual Fund Direct Plan +7.36% 1.09 -0.44%
#8 Mirae Asset Arbitrage Fund - Direct Plan - IDCW (AMFI 148402) Mirae Asset Mutual Fund Direct Plan +7.36% 1.08 -0.44%
#9 ICICI Prudential Arbitrage Fund - Direct Plan - Growth (AMFI 120364) ICICI Prudential Mutual Fund Direct Plan +7.29% 1.07 -0.60%
#10 SBI Arbitrage Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW) (AMFI 119567) SBI Mutual Fund Direct Plan +7.26% 1.01 -4.30%
#11 SBI Arbitrage Fund - Direct Plan - Gr (AMFI 119574) SBI Mutual Fund Direct Plan +7.26% 1.01 -0.65%
#12 WhiteOak Capital Arbitrage Fund Direct Plan Growth (AMFI 152849) WhiteOak Capital Mutual Fund Direct Plan N/A 0.99 -0.42%
#13 HSBC Arbitrage Fund - Direct Growth (AMFI 151138) HSBC Mutual Fund Direct Plan +7.19% 0.92 -0.32%
#14 ICICI Prudential Equity Arbitrage Fund - Bonus (AMFI 130898) ICICI Prudential Mutual Fund Regular Plan N/A 0.88 -0.25%
#15 JM Arbitrage Fund (Direct) - Quarterly IDCW (AMFI 135174) JM Financial Mutual Fund Direct Plan +6.98% 0.62 -11.28%
#16 JM Arbitrage Fund (Direct)- IDCW (AMFI 120481) JM Financial Mutual Fund Direct Plan +6.98% 0.62 -3.85%
#17 JM Arbitrage Fund (Direct) - Growth Option (AMFI 120482) JM Financial Mutual Fund Direct Plan +6.98% 0.61 -0.54%
#18 JM Arbitrage Fund (Direct) - Annual Bonus Option - Principal Units (AMFI 133395) JM Financial Mutual Fund Direct Plan +6.98% 0.61 -48.45%
#19 JM Arbitrage Fund (Direct) - Annual IDCW (AMFI 135173) JM Financial Mutual Fund Direct Plan +6.98% 0.61 -15.78%
#20 JM Arbitrage Fund (Direct) - Half Yearly IDCW (AMFI 135171) JM Financial Mutual Fund Direct Plan +6.98% 0.61 -14.00%
#21 JM Arbitrage Fund (Direct) - Monthly IDCW (AMFI 135172) JM Financial Mutual Fund Direct Plan +6.98% 0.61 -20.91%
#22 JM Arbitrage Fund (Direct) - Bonus Option - Principal Units (AMFI 130604) JM Financial Mutual Fund Direct Plan +6.97% 0.61 -46.29%
#23 JioBlackRock Arbitrage Fund - Direct Plan - Growth Option (AMFI 154076) Jio BlackRock Mutual Fund Direct Plan N/A 0.55 -0.42%
#24 UTI Arbitrage Fund - Direct Plan - IDCW (AMFI 120796) UTI Mutual Fund Direct Plan +6.85% 0.43 -3.76%
#25 NJ Arbitrage Fund - Direct Plan - Growth Option (AMFI 150367) NJ Mutual Fund Direct Plan +6.83% 0.37 -0.65%
#26 UTI Arbitrage Fund - Regular Plan - IDCW (AMFI 104074) UTI Mutual Fund Regular Plan +6.76% 0.36 -6.94%
#27 UTI Arbitrage Fund - Regular Plan - Growth Option (AMFI 104075) UTI Mutual Fund Regular Plan +6.76% 0.36 -0.71%
#28 JM Arbitrage Fund (Direct) - Quarterly Bonus Option - Principal Units (AMFI 133398) JM Financial Mutual Fund Direct Plan +6.73% 0.35 -0.54%
#29 JM Arbitrage Fund (Direct) - Half Yearly Bonus Option - Principal Units (AMFI 133397) JM Financial Mutual Fund Direct Plan +6.73% 0.35 -0.54%
#30 Invesco India Arbitrage Fund - Regular Plan - Growth Option (AMFI 105603) Invesco Mutual Fund Regular Plan +6.76% 0.34 -0.53%
#31 Invesco India Arbitrage Fund - Regular Plan - IDCW (Payout / Reinvestment) (AMFI 105604) Invesco Mutual Fund Regular Plan +6.76% 0.34 -3.52%
#32 SBI Arbitrage Fund - Regular Plan - Income Distribution cum Capital Withdrawal Option (IDCW) (AMFI 104458) SBI Mutual Fund Regular Plan +6.71% 0.28 -11.14%
#33 SBI Arbitrage Fund - Regular Plan - Gr (AMFI 104457) SBI Mutual Fund Regular Plan +6.71% 0.28 -0.66%
#34 ICICI Prudential Equity Arbitrage Fund - Direct Plan Bonus (AMFI 130951) ICICI Prudential Mutual Fund Direct Plan +6.69% 0.27 -0.58%
#35 ICICI Prudential Arbitrage Fund - Growth (AMFI 104683) ICICI Prudential Mutual Fund Regular Plan +6.71% 0.27 -1.19%
#36 Invesco India Arbitrage Fund - Direct Plan - Bonus Option (AMFI 122784) Invesco Mutual Fund Direct Plan +6.65% 0.22 -33.31%
#37 Axis Arbitrage Fund - Regular Plan - Growth (AMFI 130771) Axis Mutual Fund Regular Plan +6.61% 0.15 -0.66%
#38 HSBC Arbitrage Fund - Regular Growth (AMFI 151134) HSBC Mutual Fund Regular Plan +6.53% 0.03 -0.33%
#39 Mirae Asset Arbitrage Fund - Regular Plan - IDCW (AMFI 148403) Mirae Asset Mutual Fund Regular Plan +6.52% 0.02 -0.45%
#40 Mirae Asset Arbitrage Fund - Regular Plan - Growth (AMFI 148400) Mirae Asset Mutual Fund Regular Plan +6.51% 0.02 -0.45%

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