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LIC MF Arbitrage Fund Direct Growth
+7.15%
3Y annualised
+0.19% 1D
NAV: 18 Sep '26
₹15.61
Min. for SIP
₹200
Fund size (AUM)
₹310.12 Cr
Expense ratio
1.09%
Rating
2
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 6 months | ₹30,000 | ₹30,368 | +1.23% | |
| 1 year | ₹60,000 | ₹61,768 | +2.95% | |
| 3 years | ₹1,80,000 | ₹1,98,559 | +10.31% | |
| 5 years | ₹3,00,000 | ₹3,55,417 | +18.47% |
Holdings (73)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Cash Margin | Unspecified | Cash Margin | 68.45% |
| LIC MF Ultra Short Term Fund Direct-Growth | Unspecified | Mutual Fund | 15.27% |
| LIC MF Money Market Fund Direct - Growth | Unspecified | Mutual Fund | 12.94% |
| HDFC Bank Ltd | Financial | Equity | 8.65% |
| Hindalco Industries Ltd | Materials | Equity | 7.06% |
| State Bank of India | Financial | Equity | 6.87% |
| ICICI Bank Ltd | Financial | Equity | 6.14% |
| Bharti Airtel Ltd | Technology | Equity | 5.02% |
| Reliance Industries Ltd | Energy & Utilities | Equity | 5.00% |
| Tata Steel Ltd | Materials | Equity | 4.86% |
| Repo | Unspecified | Repo | 3.63% |
| Bharat Electronics Ltd | Industrials | Equity | 3.62% |
| Axis Bank Ltd | Financial | Equity | 3.35% |
| GMR Airports Infrastructure Ltd | Industrials | Equity | 3.24% |
| HDFC Life Insurance Co Ltd | Financial | Equity | 2.81% |
| Jio Financial Services Limited | Financial | Equity | 2.49% |
| Kotak Mahindra Bank Ltd | Financial | Equity | 1.57% |
| Hindustan Unilever Ltd | Consumer Staples | Equity | 1.20% |
| NTPC Ltd | Energy & Utilities | Equity | 1.09% |
| Punjab National Bank | Financial | Equity | 0.80% |
| Bank Of Baroda | Financial | Equity | 0.61% |
| Container Corporation Of India Ltd | Industrials | Equity | 0.56% |
| Indus Towers Ltd | Technology | Equity | 0.40% |
| JSW Steel Ltd | Materials | Equity | 0.37% |
| Oil & Natural Gas Corporation Ltd | Energy & Utilities | Equity | 0.35% |
| Eicher Motors Ltd | Consumer Discretionary | Equity | 0.33% |
| Tata Power Company Ltd | Energy & Utilities | Equity | 0.28% |
| Larsen & Toubro Ltd | Industrials | Equity | 0.23% |
| Bharat Heavy Electricals Ltd | Industrials | Equity | 0.22% |
| Net Receivables | Unspecified | Net Receivables | 0.18% |
| Hindustan Petroleum Corporation Ltd | Energy & Utilities | Equity | 0.17% |
| Sun Pharmaceutical Industries Ltd | Healthcare | Equity | 0.16% |
| Crompton Greaves Consumer Electricals Ltd | Consumer Discretionary | Equity | 0.13% |
| GAIL (India) Ltd | Energy & Utilities | Equity | 0.10% |
| Max Financial Services Ltd | Financial | Equity | 0.08% |
| ITC Ltd | Consumer Staples | Equity | 0.07% |
| Power Grid Corporation of India Ltd | Energy & Utilities | Equity | 0.06% |
| Tata Motors Ltd | Consumer Discretionary | Equity | 0.05% |
| Asian Paints Ltd | Materials | Equity | 0.04% |
| Asian Paints Ltd Futures | Materials | Futures | -0.04% |
| Tata Motors Ltd Futures | Consumer Discretionary | Futures | -0.05% |
| Power Grid Corpn. Of India Ltd Futures | Energy & Utilities | Futures | -0.06% |
| ITC Ltd Futures | Consumer Staples | Futures | -0.07% |
| Max Financial Services Ltd Futures | Financial | Futures | -0.08% |
| G A I L (India) Ltd Futures | Energy & Utilities | Futures | -0.10% |
| Crompton Greaves Consumer Electricals Limited | Consumer Discretionary | Futures | -0.13% |
| Sun Pharmaceutical Inds. Ltd Futures | Healthcare | Futures | -0.15% |
| Hindustan Petroleum Corpn. Ltd Futures | Energy & Utilities | Futures | -0.17% |
| Bharat Heavy Electricals Ltd Futures | Industrials | Futures | -0.22% |
| Larsen & Toubro Ltd Futures | Industrials | Futures | -0.23% |
| Tata Power Co. Ltd Futures | Energy & Utilities | Futures | -0.28% |
| Eicher Motors Ltd Futures | Consumer Discretionary | Futures | -0.34% |
| Oil & Natural Gas Corpn. Ltd Futures | Energy & Utilities | Futures | -0.36% |
| JSW Steel Ltd Futures | Materials | Futures | -0.38% |
| Bharti Infratel Ltd Futures | Technology | Futures | -0.40% |
| Container Corpn. Of India Ltd Futures | Industrials | Futures | -0.56% |
| Bank Of Baroda Futures | Financial | Futures | -0.61% |
| Punjab National Bank Futures | Financial | Futures | -0.80% |
| National Thermal Power Corp. Ltd Futures | Energy & Utilities | Futures | -1.09% |
| Hindustan Unilever Ltd Futures | Consumer Staples | Futures | -1.23% |
| Kotak Mahindra Bank Ltd Futures | Financial | Futures | -1.60% |
| Jio Financial Services Limited | Financial | Futures | -2.47% |
| HDFC Life Insurance Co Ltd Futures | Financial | Futures | -2.82% |
| Axis Bank Ltd Futures | Financial | Futures | -3.28% |
| GMR Infrastructure Ltd Futures | Industrials | Futures | -3.31% |
| Bharat Electronics Ltd Futures | Industrials | Futures | -3.63% |
| Tata Steel Ltd Futures | Materials | Futures | -4.83% |
| Reliance Industries Ltd Futures | Energy & Utilities | Futures | -5.11% |
| Bharti Airtel Ltd Futures | Technology | Futures | -5.20% |
| ICICI Bank Ltd Futures | Financial | Futures | -6.16% |
| State Bank of India Futures | Financial | Futures | -6.83% |
| Hindalco Industries Ltd Futures | Materials | Futures | -7.13% |
| HDFC Bank Ltd Futures | Financial | Futures | -8.74% |
See All
Minimum investments
Min. for 1st investment
₹5,000
Min. for 2nd investment
₹500
Min. for SIP
₹200
Returns and rankings
Annualised returns
Absolute returns
| Name | 1Y | 3Y | 5Y | All |
|---|---|---|---|---|
| Fund returns | +6.8% | +7.2% | +6.6% | +6.0% |
| Category average (Hybrid Arbitrage) | +6.1% | +6.8% | +5.6% | -- |
| Rank (Hybrid Arbitrage) | 15 | 20 | 17 | -- |
Exit load, stamp duty and tax
Exit load
Exit load of 0.25% if redeemed within 1 months.
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Check past data
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
 | +6.94% | +7.50% | 30,617.52 | |
 | +6.85% | +7.50% | 24,949.62 | |
 | +7.00% | +7.29% | 553.90 | |
 | +7.30% | -- | 2,254.61 | |
 | +7.25% | -- | 3,486.36 | |
| Compare | ||||
Fund management
PHSPratik Harish ShroffSep 2023 - PresentView details
PHS
Pratik Harish Shroff
Sep 2023 - Present
View details
SBSumit BhatnagarOct 2023 - PresentView details
SB
Sumit Bhatnagar
Oct 2023 - Present
View details
SASasikant AravamuthanJul 2026 - PresentView details
SA
Sasikant Aravamuthan
Jul 2026 - Present
View details
About LIC MF Arbitrage Fund Direct Growth
LIC MF Arbitrage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 20 Apr 1994. Pratik Harish Shroff is the Current Fund Manager of LIC MF Arbitrage Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹51,563 Cr and the Latest NAV as of 18 Sep 2026 is ₹15.61.
The LIC MF Arbitrage Fund Direct Growth is rated Low risk. Minimum SIP Investment is set to ₹200. Minimum Lumpsum Investment is ₹5,000. Exit load of 0.25% if redeemed within 1 months.
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Investment Objective
The scheme seeks 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.
Fund benchmarkNIFTY 50 Arbitrage Total Return Index
Fund house
Rank (total assets)#20 in India
Total AUM₹51,562.63 Cr
Date of Incorporation20 Apr 1994
Launch Date20 Apr 1994
AddressIndustrial Assurance BuildingGround Floor, Opp. Churchgate Station Mumbai 400020
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,