Sundaram
Sundaram Arbitrage Fund( Formerly Known as Principal Arbitrage Fund) - Direct Plan- Monthly Income Distribution CUM Capital Withdrawal
Latest NAV
₹13.9522
As of
3 Jun 2026
1,085 NAV records on file
Category
Arbitrage Fund
Plan type
Dividend
Structure
Close-ended
AMFI Scheme Code
149549
ISIN (Growth)
INF173K01NC4
ISIN (Dividend)
INF173K01NE0
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
No matches.
Compares up to 8 funds. Click any line in the legend above to hide/show it.
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 | -0.14% | -0.05% | -0.09 | 53 / 59 | Q4 |
| 1W | -0.03% | 0.00% | -0.03 | 34 / 59 | Q3 |
| 2W | -0.02% | -0.09% | +0.07 | 25 / 58 | Q2 |
| 1M | +0.33% | +0.22% | +0.11 | 9 / 58 | Q1 |
| 3M | +1.38% | +0.55% | +0.82 | 5 / 55 | Q1 |
| 6M | +3.21% | +1.82% | +1.39 | 4 / 55 | Q1 |
| YTD | +2.59% | +1.31% | +1.28 | 3 / 55 | Q1 |
| 1Y | +6.43% | +4.16% | +2.27 | 6 / 53 | Q1 |
| 2Y | +7.09% | +4.35% | +2.74 | 7 / 50 | Q1 |
| 3Y | +7.30% | +4.81% | +2.49 | 14 / 49 | Q2 |
| 4Y | +6.98% | +4.90% | +2.07 | 13 / 47 | Q2 |
| 5Y | — | — | — | — | — |
| 7Y | — | — | — | — | — |
| 10Y | — | — | — | — | — |
| Inception | +6.61% | +3.40% | +3.21 | 7 / 59 | Q1 |
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 | +2.59% | +1.35% | +1.23 | 3 / 50 |
| 2025 | +7.08% | +3.93% | +3.15 | 8 / 49 |
| 2024 | +7.77% | +6.12% | +1.65 | 26 / 47 |
| 2023 | +7.36% | +5.67% | +1.70 | 25 / 46 |
| 2022 | +4.24% | +3.73% | +0.51 | 26 / 41 |
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
+7.11%
42 windows
min 4.6% · max 8.0%
100% positive
Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.
3-Year rolling
+7.22%
18 windows
min 6.6% · max 7.5%
100% positive
Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.
5-Year rolling
—
Insufficient history
7-Year rolling
—
Insufficient history
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
0.37%
3-year · annualised
Sharpe ratio
—
vs risk-free 6.5%
Sortino ratio
—
Downside-only deviation
Max drawdown
-0.19%
May 2025 → May 2025
% 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
Recent NAVs
| Date | NAV |
|---|---|
| 3 Jun 2026 | ₹13.9522 |
| 2 Jun 2026 | ₹13.9476 |
| 1 Jun 2026 | ₹13.9672 |
| 29 May 2026 | ₹13.9268 |
| 27 May 2026 | ₹13.9477 |
| 26 May 2026 | ₹13.9519 |
| 22 May 2026 | ₹13.9336 |
| 21 May 2026 | ₹13.9462 |
| 20 May 2026 | ₹13.9417 |
| 19 May 2026 | ₹13.9498 |
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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 Sundaram Arbitrage Fund( Formerly Known as Principal Arbitrage Fund) - Direct Plan- Monthly Income Distribution CUM Capital Withdrawal is ₹13.9522. It's a Arbitrage Fund from Sundaram, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.
Sundaram Arbitrage Fund( Formerly Known as Principal Arbitrage Fund) - Direct Plan- Monthly Income Distribution CUM Capital Withdrawal has NAV history starting from 03 Jan 2022, a track record of about 4 years 5 months. It's a relatively new scheme. With under 5 years of NAVs, peer comparison is the best yardstick — point-to-point returns can be skewed by entry timing.
Sundaram Arbitrage Fund( Formerly Known as Principal Arbitrage Fund) - Direct Plan- Monthly Income Distribution CUM Capital Withdrawal is managed by Sundaram. 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, Sundaram Arbitrage Fund( Formerly Known as Principal Arbitrage Fund) - Direct Plan- Monthly Income Distribution CUM Capital Withdrawal has delivered a absolute return of 6.43% — +2.27 pp ahead of the Arbitrage Fund category average of 4.16%. The fund ranks #6 of 53 in its category — the top (Q1) quartile.
Over the trailing 3-year window, Sundaram Arbitrage Fund( Formerly Known as Principal Arbitrage Fund) - Direct Plan- Monthly Income Distribution CUM Capital Withdrawal has delivered a CAGR of 7.30% — +2.49 pp ahead of the Arbitrage Fund category average of 4.81%. The fund ranks #14 of 49 in its category — the second (Q2) quartile.
Sundaram Arbitrage Fund( Formerly Known as Principal Arbitrage Fund) - Direct Plan- Monthly Income Distribution CUM Capital Withdrawal doesn't have a complete 5-year window yet (we need at least 5 year of NAVs). Check the shorter-window returns above.
₹1 lakh invested in Sundaram Arbitrage Fund( Formerly Known as Principal Arbitrage Fund) - Direct Plan- Monthly Income Distribution CUM Capital Withdrawal exactly 3 years ago would be worth approximately ₹123,534 today — a multiplier of 1.24×, based on the 3-year CAGR of 7.30%. The category average over the same window would have grown ₹1 lakh to ₹115,144.
A ₹10,000 monthly SIP in Sundaram Arbitrage Fund( Formerly Known as Principal Arbitrage Fund) - Direct Plan- Monthly Income Distribution CUM Capital Withdrawal over the last 3 years — total invested ₹360,000 — would be worth ₹400,361 today. That's an XIRR (money-weighted annualised return) of 7.02%.
Sundaram Arbitrage Fund( Formerly Known as Principal Arbitrage Fund) - Direct Plan- Monthly Income Distribution CUM Capital Withdrawal doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹400,361 — XIRR 7.02%.
On a 3-year basis, Sundaram Arbitrage Fund( Formerly Known as Principal Arbitrage Fund) - Direct Plan- Monthly Income Distribution CUM Capital Withdrawal ranks #14 out of 49 funds in the Arbitrage Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 4.81%; this fund delivered 7.30%.
The worst peak-to-trough decline Sundaram Arbitrage Fund( Formerly Known as Principal Arbitrage Fund) - Direct Plan- Monthly Income Distribution CUM Capital Withdrawal has experienced over the last 3-year window is 0.19% — its NAV fell from a high on 08 May 2025 to a low on 12 May 2025. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.
Across all 3-year rolling windows, Sundaram Arbitrage Fund( Formerly Known as Principal Arbitrage Fund) - Direct Plan- Monthly Income Distribution CUM Capital Withdrawal averaged 7.22% (best 7.52%, worst 6.55%). 100% of rolling windows ended positive.
In calendar year 2025, Sundaram Arbitrage Fund( Formerly Known as Principal Arbitrage Fund) - Direct Plan- Monthly Income Distribution CUM Capital Withdrawal returned 7.08% — beating the Arbitrage Fund category average of 3.93% by 3.15 pp. It ranked #8 of 49 in its category that year.
Sundaram Arbitrage Fund( Formerly Known as Principal Arbitrage Fund) - Direct Plan- Monthly Income Distribution CUM Capital Withdrawal 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. Sundaram Arbitrage Fund( Formerly Known as Principal Arbitrage Fund) - Direct Plan- Monthly Income Distribution CUM Capital Withdrawal 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
Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.
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