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LIC MF Arbitrage Fund-Regular Plan-Growth

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AMC: LIC Mutual Fund • Category: Arbitrage • NAV: Rs 14.9452 (2026-11-11) • Rank: #17 in category (#400 overall)
🏷️ Low Expense
Information only. Past performance does not guarantee future returns. Check the scheme documents and consult a qualified professional before investing.

💡 Why Pick This Fund? Quantitative Strengths & Watch-outs

🟢 Key Strengths
  • Delivered positive returns in 100% of 3-year investment horizons.
  • Cost-efficient: expense ratio of 1.62% is lower than category median (2.12%).
🟡 Things to Keep in Mind
  • Equities carry market risk; returns fluctuate and recommended investment horizon is 5+ years.
₹98₹108₹117₹127₹136Aug '21Apr '24Nov '26
LIC MF Arbitrage Fund

Key Statistics vs Category Median

Fund Size
Rs 300 cr
Category: Rs 1,014 cr (comfortable)
Total Expense (TER)
1.62%
Category Median: 2.12%
Base Expense (BER)
0.74%
Excludes levies & brokerage
Sharpe Ratio
0.06
Category Median: 0.13
Beta
-
Category Median: -
Alpha
-
Category Median: -
Standard Deviation
1.13%
Category Median: 1.16%
MFIQ Score
4.5/10
Weak
Lagging category peers on risk-adjusted returns, downside protection, or expense drag.
Returns (30%) 3.1/10
3Y CAGR 6.4% vs category median 6.5% (-0.1 points); 5Y CAGR 5.9%.
Risk Management (30%) 3.5/10
Sharpe ratio 0.06 (cat median 0.13), max fall -0.7%.
Consistency (20%) 3.0/10
100.0% of 3Y rolling windows positive; beat category median in 0 of 5 calendar years.
Cost Efficiency (20%) 9.6/10
Total expense ratio 1.62% vs category median 2.12% (-0.50% points).
Ranked #17 of 35 in Arbitrage. Percentile standing measured against category cohort.

Trailing Returns Comparison

Period Fund Return Category Median Difference
1 Month +0.71% +0.72% -0.01%
3 Months +1.63% +1.49% +0.14%
6 Months +3.10% +3.04% +0.06%
1 Year +6.22% +6.13% +0.09%
3 Years CAGR +6.41% +6.54% -0.13%
5 Years CAGR +5.93% +6.08% -0.15%
7 Years CAGR +5.21% +5.49% -0.28%
Since Inception +5.28% - -

📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay

See how a regular monthly SIP in LIC MF Arbitrage Fund compares against a standard 7.0% p.a. Bank Fixed Deposit.

Bank FD Benchmark
7.0% p.a. Fixed Deposit
Total Invested: ₹3,60,000
Maturity Value: ₹4,01,630
Interest Earned: +₹41,630
Actual Historical Performance
LIC MF Arbitrage Fund
CAGR: +6.41%
Fund Value: Calculating...
Extra Wealth Over FD: +₹0

Calendar Year Returns

Year Fund Category Median Gap
2026 +5.32% +5.16% +0.16%
2025 +6.10% +6.23% -0.13%
2024 +7.09% +7.46% -0.37%
2023 +6.70% +7.05% -0.35%
2022 +4.06% +4.06% 0.00%
2021 +3.19% +3.55% -0.36%
2020 +3.57% +4.08% -0.51%

Daily Rolling Returns Summary

Rolling Window Minimum Average Median Maximum % Positive % Beating Proxy
1-Year Rolling +2.32% +5.17% +5.64% +7.52% 100.0% -
3-Year Rolling +3.40% +5.20% +5.35% +6.76% 100.0% -
5-Year Rolling +4.64% +5.18% +5.08% +5.95% 100.0% -

Risk Profile & Deepest Drawdowns

Sortino Ratio
0.09
Category: 0.20
R-Squared
-
Correlation with Proxy
Upside Capture
-
Monthly return ratio
Downside Capture
-
Lower is better

Portfolio & Asset Allocation

Statutory Asset Allocation Mandate (SEBI / SID)

Instrument Category Permitted Allocation Range
Under normal circumstances, the asset allocation of the Scheme would be as follows: Equities and equity related instrument, Derivatives including index futures, stock futures, index options & stock options,etc#.:65-100% of the total assets, Exposure in debt instruments in CDs, government securities with maturities upto 1 year, mutual fund units of overnight, liquid, money market or schemes having Macaulay duration less than 1 year for meeting liquidity and margin requirements, Exchange Traded Commodities Derivativities (ETCDs), Gold ETFs, Silver ETFs.:0-35% of the total assets. Under Defensive consideration the asset allocation will be as follows: Equities and equity related instrument, Derivatives including index futures, stock futures, index options & stock options, etc. # 0 - 65% Exposure in debt instruments in CDs, government securities with maturities upto 1 year, mutual fund units of overnight, liquid, money market or schemes having Macaulay duration less than 1 year for meeting liquidity and margin requirements,Gold ETFs, Silver ETFs and Exchange Traded Commodities Derivativities (ETCDs): 35 - 100% **Investment in Securitised debt shall not normally exceed 30% of the net assets of the Scheme. # The exposure to derivative shown in the above asset allocation table is exposure taken against the underlying equity investments and should not be considered for calculating the total asset allocation and/or investment restrictions on the issuer. The idea is not to take additional asset allocation with the use of derivative. The margin money deployed on these positions would be included in Money Market category. Please refer the Scheme Information Document for complete details. Per Scheme Mandate

Investment Objective & Strategy

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. There is no assurance that the investment objective of the Scheme will be achieved.

ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.

Fund Size Position

Currently managing Rs 300 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as comfortable relative to Arbitrage schemes.

Too Small Small Comfortable Stretched Strained

Fund Management

Sumit Bhatnagar
Managing scheme since 2023-10-03
3.1 yrs tenure
Sasikant Aravamuthan
Managing scheme since 2026-07-01
0.4 yrs tenure
Pratik Harish Shroff
Managing scheme since 2023-09-26
3.1 yrs tenure

Cost & Capital Gains Taxation

From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.

Applicable Tax Structure

Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.

Tax rules as of 23 July 2024. Verify before investing.

Closest Arbitrage Peers by Rank

Scheme Score 3Y Return Expense Downside Fund Size Compare
BANDHAN Arbitrage Fund 3.5 +6.53% 2.31% - Rs 7,699 cr Compare →
BARODA BNP PARIBAS ARBITRAGE FUND 4.2 +6.36% 2.23% - Rs 1,014 cr Compare →
Sundaram Arbitrage Fund Formerly Know as Principal Arbitrage Fund 5.1 +6.47% 1.69% - Rs 576 cr Compare →
PGIM India Arbitrage Fund 3.7 +6.35% 1.91% - Rs 109 cr Compare →
DSP Arbitrage Fund 5.1 +6.52% 1.80% - Rs 6,701 cr Compare →

Frequently Asked Questions about LIC MF Arbitrage Fund

What is the expense ratio of LIC MF Arbitrage Fund?

LIC MF Arbitrage Fund has a total expense ratio (TER) of 1.62% with a base expense ratio of 0.74%, compared to the Arbitrage category median of 2.12%.

Who manages LIC MF Arbitrage Fund?

LIC MF Arbitrage Fund is managed by Sumit Bhatnagar (tenure: 3.1 years since 2023-10-03).

What are the historical returns of LIC MF Arbitrage Fund?

LIC MF Arbitrage Fund delivered a 3-year CAGR of 6.41% and a 5-year CAGR of 5.93%. Its 1-year return stands at +6.22%.

How large is LIC MF Arbitrage Fund?

LIC MF Arbitrage Fund manages assets of Rs 300 cr, placing it in the 'comfortable' size band relative to Arbitrage peers.

How is LIC MF Arbitrage Fund scored on MFIQ?

LIC MF Arbitrage Fund holds an MFIQ Score of 4.5/10 (Weak), based on a category percentile composite across returns, risk, consistency, and cost.

How risky is LIC MF Arbitrage Fund?

LIC MF Arbitrage Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 1.13% with a maximum historical drawdown of -0.66%.