ITI Arbitrage Fund

Regular Plan · Growth Option · Arbitrage · Scheme code 147618

NAV₹14.0012as on 11 Nov 2026

Fund houseITI Mutual Fund

CategoryArbitrage

Plan & optionRegular · Growth Option

History7.2 years

Returns (%)

	1M	3M	6M	1Y	3Y	5Y	7Y	10Y	Launch
This scheme	0.56	1.58	2.86	5.97	6.54	5.56	4.76	—	4.78
Arbitrage category median	—	—	—	6.13	6.54	6.08	—	5.74	—

Over a year annualised (CAGR), under a year absolute. Computed from AMFI's published NAV history for this scheme.

Risk

	Volatility	Sharpe	Sortino	Beta	Alpha	Max fall	R²
This scheme	0.5%	0.10	0.12	—	—	-0.6%	—

Risk-free rate 6.5%. Beta, alpha and R² are regressed on the — months this scheme and its benchmark share.

Growth of ₹100 since launch

Every one-year period it has lived through

Windows	Worst	Median	Best	Periods that lost money
1,518	1.7%	5.5%	7.8%	0%

Every one-year holding period in this scheme's history, not just the last one — the spread a real investor would have met depending only on when they started.

ITI Arbitrage Fund

Regular Plan · Growth Option

Allocation

By asset

Equity	65.35%
Cash & Equivalents	19.83%
Mutual Fund Units	14.82%

By market cap

Large Cap	35.38%
Mid Cap	27.06%
Small Cap	2.91%
Unclassified	14.82%

Concentration

Number of stocks	30
Top 5 stocks	38.34%
Top 10 stocks	52.77%
Top 20 stocks	70.34%
Lines in the filing	32

Largest holding	14.82%
Largest sector	Banks 15.33%
Effective stocks	22.0
Sectors held	18
Cash	19.83%

Effective stocks is what the concentration works out to: a fund holding 30 names but most of its money in a few behaves like a fund of 22. Cash includes repo and TREPS, which every fund parks money in overnight.

Sector split

Cash & Equivalents	19.83%
Banks	15.33%
Unclassified	14.82%
Financial Technology (Fintech)	8.83%
Finance	8.33%
Industrial Products	4.56%
Insurance	4.45%
Transport Infrastructure	3.56%
Non - Ferrous Metals	3.28%
Telecom - Services	3.22%
Beverages	3.06%
Consumer Durables	1.97%
Cigarettes & Tobacco Products	1.93%
Petroleum Products	1.64%
IT - Software	1.53%
Cement & Cement Products	1.46%
Construction	0.81%
Diversified FMCG	0.70%
Power	0.69%

ITI Arbitrage Fund

Regular Plan · Growth Option · holdings as on 30 Sep 2026

Top 30 holdings

#	Company	Sector	Shares held	Value ₹ cr	% of fund
1	ITI Liquid Fund - Direct Plan - Growth Option	Unclassified	64,942	10	14.82%
2	Net Receivables / (Payables)	Unclassified	—	7	11.46%
3	One 97 Communications Limited	Financial Technology (Fintech)	34,075	6	8.83%
4	TREPS 01-Oct-2026	Unclassified	—	5	8.37%
5	HDFC Bank Limited	Banks	52,000	4	5.69%
6	Cummins India Limited	Industrial Products	6,200	3	4.56%
7	Power Finance Corporation Limited	Finance	88,400	3	4.44%
8	Adani Ports and Special Economic Zone Limited	Transport Infrastructure	12,825	2	3.56%
9	Bharti Airtel Limited	Telecom - Services	11,875	2	3.22%
10	Varun Beverages Limited	Beverages	45,900	2	3.06%
11	AU Small Finance Bank Limited	Banks	15,000	2	2.34%
12	Shriram Finance Limited	Finance	14,850	1	2.25%
13	IndusInd Bank Limited	Banks	15,400	1	2.14%
14	RBL Bank Limited	Banks	31,750	1	1.98%
15	Godfrey Phillips India Limited	Cigarettes & Tobacco Products	6,600	1	1.93%
16	ICICI Lombard General Insurance Company Limited	Insurance	7,800	1	1.92%
17	National Aluminium Company Limited	Non - Ferrous Metals	33,750	1	1.78%
18	Aditya Birla Capital Limited	Finance	27,900	1	1.64%
19	Hindustan Petroleum Corporation Limited	Petroleum Products	30,375	1	1.64%
20	Persistent Systems Limited	IT - Software	1,875	1	1.53%
21	HDFC Life Insurance Company Limited	Insurance	18,700	1	1.51%
22	Hindustan Zinc Limited	Non - Ferrous Metals	17,150	1	1.50%
23	Ambuja Cements Limited	Cement & Cement Products	25,200	1	1.46%
24	Canara Bank	Banks	74,250	1	1.37%
25	Bank of India	Banks	62,400	1	1.25%
26	Kalyan Jewellers India Limited	Consumer Durables	12,150	1	1.04%
27	Max Financial Services Limited	Insurance	4,800	1	1.02%
28	Amber Enterprises India Limited	Consumer Durables	900	1	0.93%
29	Larsen & Toubro Limited	Construction	1,400	1	0.81%
30	ITC Limited	Diversified FMCG	17,250	0	0.70%

ITI Arbitrage Fund

Regular Plan · Growth Option · where the money sits

What the manager did last month

Between the filings of 31 Aug 2026 and 30 Sep 2026. A position grows because the manager bought or because the price rose; only the share count separates them.

Bought	Sold	New positions	Sold out of	Price move of holdings
₹2 cr	₹0 cr	2	3	-2.41%

Stock	Shares traded	Shares	Price	Value ₹ cr
New position
Hindustan Petroleum Corporation Limited	30,375	entered	—	1.1
Larsen & Toubro Limited	1,400	entered	—	0.5
Added to
Godfrey Phillips India Limited	2,750	+71.4%	-10.1%	0.5
ICICI Lombard General Insurance Company Limited	3,250	+71.4%	+1.5%	0.5
AU Small Finance Bank Limited	5,000	+50.0%	-7.0%	0.5
National Aluminium Company Limited	15,000	+80.0%	-10.6%	0.5
Sold out of
Bandhan Bank Limited	86,400	exited	—	1.4
UNO Minda Limited	9,900	exited	—	1.3
Jio Financial Services Limited	21,150	exited	—	0.5

Not equity	Previous filing	This filing	Change
Cash, repo and TREPS	₹0 cr	₹0 cr	+₹0 cr

The list above is stocks and fund units. Treasury bills, repo and money-market lines roll over every month by design — they are not decisions, so they are totalled here rather than listed as activity.

A ₹10,000 monthly SIP over five years

Invested	Value	Gain	XIRR
₹600,000	₹701,741	₹101,741	6.20%

XIRR, not CAGR — a SIP's money arrives over sixty months, so each instalment has been invested for a different length of time.

Not investment advice. MF Analyser is not a SEBI-registered Investment Adviser or Research Analyst. Every figure is computed from AMFI's published NAV history and the portfolio the AMC filed with AMFI; none of it is a recommendation to buy, hold or sell. Past returns do not predict future ones. Generated 12 Nov 2026.