
LIC MF Arbitrage Fund Direct Growth
LIC MF Arbitrage Fund Direct Growth
as on 02 Nov 2026
LIC MF Arbitrage Fund Direct Growth is a Hybrid mutual fund scheme launched on 25 Jan 2019. The current NAV stands at ₹15.7375 as of 02 Nov 2026. From the funds total AUM, its top holdings include Cash Offset For Derivatives at 65.69%, LIC MF Money Market Dir Gr at 18.08%, National Bank For Agriculture And Rural Development at 8.62%, Future on ICICI Bank Ltd at 6.62%, ICICI Bank at 6.54%
Scheme Overview
- Inception Date : 25 Jan 2019
- AUM : ₹304.67 Cr
- 5Y Returns (CAGR) : 6.68%
- Expense Ratio : 1.09%
- Min. SIP : ₹200
- Min. Lumpsum : ₹5,000
Returns Calculator
basis annualised returns
Investment Type
SIP Amount
Investment Period
5Y
₹ 32.73 L
3.50%
₹ 36.98 L
8.00%
₹ 35.70 L
6.68%
Total Investment
₹ 30,00,000
Returns
₹ 5,69,915 (6.68%)
Maturity Value
₹ 35,69,915
Disclaimer: Fixed deposits offer guaranteed returns. Mutual fund investments carry market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns.
Direct vs Regular Returns
Sorry, No Data Available at this Moment!
Returns vs Category
Sorry, No Data Available at this Moment!
*The above returns are absolute
Returns Vs Nifty 50
Historical Returns
Sorry, No Data Available at this Moment!
Start SIP with as Low as ₹100.
Historical NAV
Sorry, No Data Available at this Moment!
Asset Allocation
AUM
₹ 304.67 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Asset Allocation
AUM
₹304.67 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Sector Holdings
as of 31 May 2026
| Sectors | Allocation | Weightage | Value (in Cr.) |
|---|---|---|---|
| Other | 34.81% | ||
| Financial Services | 27.21% | ||
| Industrials | 10.04% | ||
| Basic Materials | 9.56% | ||
| Energy | 6.32% | ||
| Communication Services | 5.43% | ||
| Consumer Cyclical | 3.03% | ||
| Utilities | 1.90% | ||
| Healthcare | 0.97% | ||
| Real Estate | 0.73% |
Stock Holdings
as of 31 May 2026
| Name | Allocation | Weightage |
|---|---|---|
![]() C Cash Offset For Derivatives | 65.69% | |
![]() L LIC MF Money Market Dir Gr | 18.08% | |
![]() N National Bank For Agriculture And Rural Development | 8.62% | |
![]() F Future on ICICI Bank Ltd | 6.62% | |
![]() I ICICI Bank | 6.54% | |
![]() H HDFC Bank | 6.47% | |
![]() F Future on HDFC Bank Ltd | 6.44% | |
![]() F Future on State Bank of India | 6.04% | |
![]() S State Bank of India | 5.99% | |
![]() F Future on Hindalco Industries Ltd | 5.95% | |
![]() H Hindalco Industries | 5.87% | |
![]() F Future on Reliance Industries Ltd | 5.28% | |
![]() R Reliance Industries | 5.25% | |
![]() F Future on GMR Airports Ltd | 5.14% | |
![]() G GMR Airports | 5.09% | |
![]() F Future on Bharti Airtel Ltd | 4.87% | |
![]() B Bharti Airtel | 4.83% | |
![]() F Future on Bharat Electronics Ltd | 4.65% | |
![]() B Bharat Electronics | 4.60% | |
![]() L LIC MF Liquid Dir Gr | 4.56% | |
![]() T Tata Steel | 3.63% | |
![]() F Future on Tata Steel Ltd. | 3.61% | |
![]() F Future on Jio Financial Services Ltd | 3.41% | |
![]() J Jio Financial Services | 3.38% | |
![]() T Treps | 2.52% | |
![]() F Future on Kotak Mahindra Bank Ltd | 1.88% | |
![]() K Kotak Bank | 1.86% | |
![]() F Future on NTPC Ltd | 1.47% | |
![]() N NTPC | 1.46% | |
![]() F Future on Maruti Suzuki India Ltd | 1.28% | |
![]() M Maruti Suzuki | 1.26% | |
![]() F Future on Oil & Natural Gas Corp Ltd | 1.09% | |
![]() O Oil & Natural Gas Corporation | 1.07% | |
![]() N Net Receivables / (Payables) | 1.02% | |
![]() F Future on Sun Pharmaceuticals Industries Ltd | 0.98% | |
![]() S Sun Pharmaceutical | 0.97% | |
![]() F Future on Punjab National Bank | 0.97% | |
![]() P Punjab National Bank | 0.96% | |
![]() F Future on Bank of Baroda | 0.89% | |
![]() B Bank of Baroda | 0.89% | |
![]() F Future on Eternal Ltd | 0.77% | |
![]() E Eternal | 0.76% | |
![]() F Future on DLF Ltd | 0.74% | |
![]() D DLF | 0.73% | |
![]() F Future on HDFC Life Insurance Co Ltd | 0.64% | |
![]() H HDFC Life Insurance | 0.63% | |
![]() I Indus Towers Ltd. | 0.60% | |
![]() I Indus Towers | 0.60% | |
![]() F Future on Eicher Motors Ltd | 0.39% | |
![]() E Eicher Motors | 0.39% | |
![]() F Future on Exide Industries Ltd | 0.35% | |
![]() E Exide Industries | 0.35% | |
![]() F Future on Tata Power Co Ltd | 0.33% | |
![]() T Tata Power | 0.33% | |
![]() F Future on Bajaj Finserv Ltd | 0.30% | |
![]() B Bajaj Finserv | 0.30% | |
![]() F Future on Bharat Heavy Electricals Ltd | 0.28% | |
![]() B Bharat Heavy Electricals | 0.27% | |
![]() F Future on Crompton Greaves Consumer Electricals Ltd | 0.17% | |
![]() C Crompton Greaves | 0.17% | |
![]() F Future on Max Financial Services Ltd | 0.11% | |
![]() M Max Financial Services | 0.11% | |
![]() F Future on GAIL (India) Ltd | 0.11% | |
![]() G GAIL | 0.11% | |
![]() F Future on Multi Commodity Exchange of India Ltd | 0.08% | |
![]() M MCX | 0.08% | |
![]() F Future on Container Corporation of India Ltd | 0.07% | |
![]() C Container Corporation of India | 0.07% | |
![]() F Future on Tata Motors Passenger Vehicles Ltd | 0.07% | |
![]() T Tata Motors Passenger Vehicles | 0.07% | |
![]() F Future on Asian Paints Ltd | 0.06% | |
![]() A Asian Paints | 0.06% | |
![]() F Future on Titan Co Ltd | 0.03% | |
![]() T Titan | 0.03% | |
![]() A Axis Bank | 0.00% | |
![]() I ITC | 0.00% | |
![]() N Nestle | 0.00% | |
![]() P Power Finance Corporation | 0.00% | |
![]() A Aurobindo Pharma | 0.00% | |
![]() B Bajaj Finance | 0.00% | |
![]() M Mahindra & Mahindra | 0.00% | |
![]() I Indusind Bank | 0.00% | |
![]() T Trent | 0.00% | |
![]() L Lodha Developers | 0.00% |
Fund Comparison
Fund Details
52W High NAV
₹ 15.7375
Min. SIP Amount
₹ 200.00
Min. Lumpsum Amount
₹ 5,000.00
AUM (in Cr.)
₹ 304.67
Expense Ratio
1.09%
Lock-in Period
No Lock in Period
52W Low NAV
₹ 14.7400
Inception Date
25 Jan 2019
Fund Age
7 Yrs
Benchmark
Nifty 50 Arbitrage Index
Scheme Type
Open Ended
Stamp Duty
0.005% (from July 1st 2020)
Exit Load
- Exit load of 0.25% if redeemed within 1 months.
Tax Implication
- If you redeem within 1 year, STCG are taxed at 20%; If you redeem after 1 year, and returns exceed ₹1.25 Lakhs in a financial year, LTCG are taxed at 12.5%
Fund Managers
| Name | Qualification |
|---|---|
| Sumit Bhatnagar | MBA (Investment Management) from the University of Toronto, Canada and is also a CFA (USA). |
| Pratik Harish Shroff | Executive Programme in Applied Finance - Indian Institute of Management, Calcutta Financial Risk Manager (FRM) - GARP Chartered Financial Analyst (CFA) - CFA Institute M.Com - University of Mumbai B.Com - University of Mumbai |
| Sasikant Aravamuthan | PGDBA - ICFA Business School Chennai, B.Sc., Zoology - Loyola College Chennai |
Fund 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.
Risk-O-Meter
Investors understand that their principal will be at
Low Risk
Risk Scale
Low
Moderately Low
Moderate
Moderately High
High
Very High
AMC Information
LIC Mutual Fund
No. of Schemes
33
Total AUM
₹ 44,887.72 Cr
Contact Details
4th Floor, Industrial InsuranceBuilding, Opp.Churchgate StatiMumbai 400 020.
Contact Details
4th Floor, Industrial InsuranceBuilding, Opp.Churchgate StatiMumbai 400 020.
FAQs
When was LIC MF Arbitrage Fund launched?
What is the current NAV of LIC MF Arbitrage Fund?
What is the AUM of LIC MF Arbitrage Fund?
What is the rate of return of LIC MF Arbitrage Fund?
- In the past 1Y: 6.94%
- In the past 3Y: 7.15%
- In the past 5Y: 6.68%
What is the expense ratio of LIC MF Arbitrage Fund?
What is exit load of LIC MF Arbitrage Fund?
What is the portfolio of LIC MF Arbitrage Fund?
- ICICI Bank: 6.54%
- HDFC Bank: 6.47%
- State Bank of India: 5.99%
- Hindalco Industries: 5.87%
- Reliance Industries: 5.25%
Top 3 sectoral holdings include:
- Others: 166.20%
- Financial Services: 27.21%
- Industrials: 10.04%
How risky is investing in LIC MF Arbitrage Fund?
Who is the fund manager LIC MF Arbitrage Fund?
What is the minimum investment required in LIC MF Arbitrage Fund?
How to invest in LIC MF Arbitrage Fund directly?
- Open Demat Account on Dhan if you don't have one.
- Analyze the fund performance.
- Invest via SIP or Lumpsum.

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