Should I invest in NIPPON INDIA ARBITRAGE FUND?

We don't give personal investment advice. NIPPON INDIA ARBITRAGE FUND - DIRECT Plan - IDCW Option 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: 0.3%. 5-year CAGR: 6.59%.

Nippon India

NIPPON INDIA ARBITRAGE FUND - DIRECT Plan - IDCW Option

Latest NAV

₹18.6701

As of

3 Jun 2026

3,298 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	33 / 59	Q3
1W	-0.03%	0.00%	-0.03	33 / 59	Q3
2W	-0.07%	-0.09%	+0.01	33 / 58	Q3
1M	+0.25%	+0.22%	+0.03	31 / 58	Q3
3M	+1.23%	+0.55%	+0.68	15 / 55	Q2
6M	+3.00%	+1.82%	+1.19	15 / 55	Q2
YTD	+2.41%	+1.31%	+1.10	13 / 55	Q1
1Y	+6.27%	+4.16%	+2.11	14 / 53	Q2
2Y	+6.93%	+4.35%	+2.58	15 / 50	Q2
3Y	+7.40%	+4.81%	+2.59	10 / 49	Q1
4Y	+7.15%	+4.90%	+2.24	9 / 47	Q1
5Y	+6.59%	+4.68%	+1.91	10 / 43	Q1
7Y	+5.20%	+3.99%	+1.21	20 / 37	Q3
10Y	+4.22%	+3.30%	+0.91	9 / 26	Q2
Inception	+3.25%	+3.40%	-0.15	35 / 59	Q3

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	+2.41%	+1.35%	+1.06	13 / 50
2025	+6.90%	+3.93%	+2.96	15 / 49
2024	+8.10%	+6.12%	+1.98	11 / 47
2023	+7.92%	+5.67%	+2.25	10 / 46
2022	+4.94%	+3.73%	+1.21	12 / 41
2021	+4.59%	+3.16%	+1.43	3 / 42
2020	+1.55%	+1.39%	+0.15	23 / 41
2019	+2.06%	+2.88%	-0.83	18 / 36
2018	+2.08%	+1.64%	+0.43	12 / 30
2017	+1.29%	+2.68%	-1.39	19 / 29
2016	+2.18%	+3.28%	-1.10	13 / 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

+3.00%

152 windows

min -9.5% · max 10.1%

91% positive

3-Year rolling

+3.11%

127 windows

min -2.6% · max 7.7%

89% positive

5-Year rolling

+2.94%

103 windows

min -0.9% · max 6.6%

92% positive

7-Year rolling

+2.86%

79 windows

min -0.2% · max 5.3%

96% 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

0.44%

3-year · annualised

Sharpe ratio

—

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.25%

May 2026 → May 2026

% positive months

100.0%

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 - MONTHLY IDCW Option	Nippon India	₹15.8708	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	₹18.6701
2 Jun 2026	₹18.6593
1 Jun 2026	₹18.6819
29 May 2026	₹18.6259
27 May 2026	₹18.6556
26 May 2026	₹18.6650
25 May 2026	₹18.6615
22 May 2026	₹18.6494
21 May 2026	₹18.6629
20 May 2026	₹18.6577

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 NIPPON INDIA ARBITRAGE FUND - DIRECT Plan - IDCW Option is ₹18.6701. It's a Arbitrage Fund from Nippon India, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

NIPPON INDIA ARBITRAGE FUND - DIRECT Plan - IDCW Option has NAV history starting from 03 Jan 2013, a track record of about 13 years 5 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.

NIPPON INDIA ARBITRAGE FUND - DIRECT Plan - IDCW Option is managed by Nippon India. 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, NIPPON INDIA ARBITRAGE FUND - DIRECT Plan - IDCW Option has delivered a absolute return of 6.27% — +2.11 pp ahead of the Arbitrage Fund category average of 4.16%. The fund ranks #14 of 53 in its category — the second (Q2) quartile.

Over the trailing 3-year window, NIPPON INDIA ARBITRAGE FUND - DIRECT Plan - IDCW Option has delivered a CAGR of 7.40% — +2.59 pp ahead of the Arbitrage Fund category average of 4.81%. The fund ranks #10 of 49 in its category — the top (Q1) quartile.

Over the trailing 5-year window, NIPPON INDIA ARBITRAGE FUND - DIRECT Plan - IDCW Option has delivered a CAGR of 6.59% — +1.91 pp ahead of the Arbitrage Fund category average of 4.68%. The fund ranks #10 of 43 in its category — the top (Q1) quartile.

₹1 lakh invested in NIPPON INDIA ARBITRAGE FUND - DIRECT Plan - IDCW Option exactly 10 years ago would be worth approximately ₹151,161 today — a multiplier of 1.51×, based on the 10-year CAGR of 4.22%. The category average over the same window would have grown ₹1 lakh to ₹138,405.

A ₹10,000 monthly SIP in NIPPON INDIA ARBITRAGE FUND - DIRECT Plan - IDCW Option over the last 5 years — total invested ₹600,000 — would be worth ₹715,933 today. That's an XIRR (money-weighted annualised return) of 6.99%.

A ₹10,000 monthly SIP for 10 years in NIPPON INDIA ARBITRAGE FUND - DIRECT Plan - IDCW Option = ₹1,200,000 invested. It would currently be worth ₹1,586,573 (multiplier 1.32×). XIRR: 5.45%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, NIPPON INDIA ARBITRAGE FUND - DIRECT Plan - IDCW Option ranks #10 out of 43 funds in the Arbitrage Fund category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 4.68%; this fund delivered 6.59%.

The worst peak-to-trough decline NIPPON INDIA ARBITRAGE FUND - DIRECT Plan - IDCW Option has experienced over the last 5-year window is 0.25% — its NAV fell from a high on 19 May 2026 to a low on 29 May 2026. 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, NIPPON INDIA ARBITRAGE FUND - DIRECT Plan - IDCW Option averaged 2.94% (best 6.64%, worst -0.90%). 92% of rolling windows ended positive. The 5-year Sharpe ratio is -0.16 — negative risk-adjusted performance.

In calendar year 2025, NIPPON INDIA ARBITRAGE FUND - DIRECT Plan - IDCW Option returned 6.90% — beating the Arbitrage Fund category average of 3.93% by 2.96 pp. It ranked #15 of 49 in its category that year.

NIPPON INDIA ARBITRAGE FUND - DIRECT Plan - IDCW Option 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. NIPPON INDIA ARBITRAGE FUND - DIRECT Plan - IDCW Option 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: 0.3%. 5-year CAGR: 6.59%.

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