Should I invest in BANDHAN Arbitrage Fund-Monthly IDCW?

We don't give personal investment advice. BANDHAN Arbitrage Fund-Direct Plan-Monthly IDCW is suitable for an investor whose:horizon is 3-5 years — too short for pure equity, too long for pure debtwants a single fund that automatically rebalances between equity and debtis comfortable trading some upside for lower volatility vs a pure equity fundCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 30.2%. 5-year CAGR: -4.64%.

Bandhan

BANDHAN Arbitrage Fund-Direct Plan-Monthly IDCW

Latest NAV

₹10.6600

As of

3 Jun 2026

3,301 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	-0.12%	-0.05%	-0.07	36 / 59	Q3
1W	-0.20%	0.00%	-0.19	58 / 59	Q4
2W	-0.26%	-0.09%	-0.17	50 / 58	Q4
1M	+0.04%	+0.22%	-0.18	48 / 58	Q4
3M	+0.50%	+0.55%	-0.05	39 / 55	Q3
6M	+1.68%	+1.82%	-0.13	39 / 55	Q3
YTD	+1.12%	+1.31%	-0.19	35 / 55	Q3
1Y	+4.31%	+4.16%	+0.15	36 / 53	Q3
2Y	-13.32%	+4.35%	-17.67	50 / 50	Q4
3Y	-8.24%	+4.81%	-13.05	49 / 49	Q4
4Y	-5.99%	+4.90%	-10.89	47 / 47	Q4
5Y	-4.64%	+4.68%	-9.32	43 / 43	Q4
7Y	-3.01%	+3.99%	-7.00	37 / 37	Q4
10Y	-1.94%	+3.30%	-5.24	26 / 26	Q4
Inception	-1.10%	+3.40%	-4.50	59 / 59	Q4

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+1.12%	+1.35%	-0.24	34 / 50
2025	-26.40%	+3.93%	-30.33	49 / 49
2024	+2.14%	+6.12%	-3.98	40 / 47
2023	+1.78%	+5.67%	-3.88	40 / 46
2022	+1.23%	+3.73%	-2.50	34 / 41
2021	+1.62%	+3.16%	-1.53	34 / 42
2020	+1.10%	+1.39%	-0.29	26 / 41
2019	+0.72%	+2.88%	-2.16	27 / 36
2018	+0.87%	+1.64%	-0.77	17 / 30
2017	+0.05%	+2.68%	-2.64	27 / 29
2016	+1.15%	+3.28%	-2.14	21 / 25

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

-1.00%

151 windows

min -28.6% · max 5.4%

84% positive

3-Year rolling

-0.28%

127 windows

min -9.6% · max 1.8%

87% positive

5-Year rolling

+0.01%

103 windows

min -5.4% · max 1.6%

84% positive

7-Year rolling

+0.06%

78 windows

min -3.6% · max 1.4%

78% positive

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

17.13%

3-year · annualised

Sharpe ratio

-0.77

vs risk-free 6.5%

Sortino ratio

-0.77

Downside-only deviation

Max drawdown

-30.25%

Jan 2025 → Jan 2025

% positive months

88.9%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Arbitrage Fund

Scheme	Fund house	NAV	As of
HDFC ARBITRAGE FUND - Wholesale Monthly IDCW - Direct Plan	HDFC	₹11.2670	3 Jun 2026
NIPPON INDIA ARBITRAGE FUND - DIRECT Plan - IDCW Option	Nippon India	₹18.6701	3 Jun 2026
SBI Arbitrage Opportunities Fund - Direct Plan - Gr	SBI	₹37.9829	3 Jun 2026
ICICI Prudential Equity Arbitrage Fund - Direct Plan - IDCW	ICICI Prudential	₹17.7109	3 Jun 2026
Invesco India Arbitrage Fund - Direct Plan - Annual Bonus	Invesco	₹36.5173	3 Jun 2026
BANDHAN Arbitrage Fund-Direct Plan-Annual IDCW	Bandhan	₹12.4525	3 Jun 2026
quant Arbitrage Fund - IDCW Option - Direct Plan	Quant	₹10.8293	3 Jun 2026
Aditya Birla Sun Life Arbitrage Fund-DIRECT - IDCW	Aditya Birla Sun Life	₹11.4514	3 Jun 2026
Motilal Oswal Arbitrage Fund-Direct Plan-IDCW	Motilal Oswal	₹10.8856	3 Jun 2026
Franklin India Arbitrage Fund - Direct - IDCW	Franklin India	₹11.0725	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹10.6600
2 Jun 2026	₹10.6536
1 Jun 2026	₹10.6666
31 May 2026	₹10.6354
29 May 2026	₹10.6343
27 May 2026	₹10.6710
26 May 2026	₹10.6745
25 May 2026	₹10.6728
22 May 2026	₹10.6681
21 May 2026	₹10.6756

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of BANDHAN Arbitrage Fund-Direct Plan-Monthly IDCW is ₹10.6600. It's a Arbitrage Fund from Bandhan, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

BANDHAN Arbitrage Fund-Direct Plan-Monthly IDCW has NAV history starting from 14 Jan 2013, a track record of about 13 years 4 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

BANDHAN Arbitrage Fund-Direct Plan-Monthly IDCW is managed by Bandhan. It's classified by AMFI under the 'Arbitrage Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, BANDHAN Arbitrage Fund-Direct Plan-Monthly IDCW has delivered a absolute return of 4.31% — +0.15 pp ahead of the Arbitrage Fund category average of 4.16%. The fund ranks #36 of 53 in its category — the third (Q3) quartile.

Over the trailing 3-year window, BANDHAN Arbitrage Fund-Direct Plan-Monthly IDCW has delivered a CAGR of -8.24% — -13.05 pp behind the Arbitrage Fund category average of 4.81%. The fund ranks #49 of 49 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, BANDHAN Arbitrage Fund-Direct Plan-Monthly IDCW has delivered a CAGR of -4.64% — -9.32 pp behind the Arbitrage Fund category average of 4.68%. The fund ranks #43 of 43 in its category — the bottom (Q4) quartile.

₹1 lakh invested in BANDHAN Arbitrage Fund-Direct Plan-Monthly IDCW exactly 10 years ago would be worth approximately ₹82,201 today — a multiplier of 0.82×, based on the 10-year CAGR of -1.94%. The category average over the same window would have grown ₹1 lakh to ₹138,405.

A ₹10,000 monthly SIP in BANDHAN Arbitrage Fund-Direct Plan-Monthly IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹503,080 today. That's an XIRR (money-weighted annualised return) of -6.89%.

A ₹10,000 monthly SIP for 10 years in BANDHAN Arbitrage Fund-Direct Plan-Monthly IDCW = ₹1,200,000 invested. It would currently be worth ₹989,671 (multiplier 0.82×). XIRR: -3.87%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, BANDHAN Arbitrage Fund-Direct Plan-Monthly IDCW ranks #43 out of 43 funds in the Arbitrage Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 4.68%; this fund delivered -4.64%.

The worst peak-to-trough decline BANDHAN Arbitrage Fund-Direct Plan-Monthly IDCW has experienced over the last 5-year window is 30.25% — its NAV fell from a high on 29 Jan 2025 to a low on 31 Jan 2025. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, BANDHAN Arbitrage Fund-Direct Plan-Monthly IDCW averaged 0.01% (best 1.57%, worst -5.39%). 84% of rolling windows ended positive. The 5-year Sharpe ratio is -0.76 — negative risk-adjusted performance.

In calendar year 2025, BANDHAN Arbitrage Fund-Direct Plan-Monthly IDCW returned -26.40% — lagging the Arbitrage Fund category average of 3.93% by 30.33 pp. It ranked #49 of 49 in its category that year.

BANDHAN Arbitrage Fund-Direct Plan-Monthly IDCW is a Hybrid scheme. Tax treatment follows its actual equity allocation as disclosed by the AMC: at least 65% equity behaves like an equity fund (12.5% LTCG over 12 months, 20% STCG); 35-65% equity often gets an equity-style treatment with a 24-month threshold; under 35% equity is taxed at slab rate like a debt fund. Check the AMC's latest factsheet for the current classification.

We don't give personal investment advice. BANDHAN Arbitrage Fund-Direct Plan-Monthly IDCW is suitable for an investor whose:

horizon is 3-5 years — too short for pure equity, too long for pure debt
wants a single fund that automatically rebalances between equity and debt
is comfortable trading some upside for lower volatility vs a pure equity fund

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 30.2%. 5-year CAGR: -4.64%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.