Franklin India Arbitrage Fund Direct Growth

Fund Overview

Fund Size

₹188 Cr

Expense Ratio

0.30%

ISIN

INF090I01XS9

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

19 Nov 2024

About this fund

This fund has been in existence for 3 months and 4 days, having been launched on 19-Nov-24.
As of 21-Feb-25, it has a Net Asset Value (NAV) of ₹10.18, Assets Under Management (AUM) of 188.46 Crores, and an expense ratio of 0.3%.

Franklin India Arbitrage Fund Direct Growth has given a CAGR return of 1.79% since inception.
The fund's asset allocation comprises around -0.30% in equities, 0.38% in debts, and 99.92% in cash & cash equivalents.
You can start investing in Franklin India Arbitrage Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

Since Inception

+1.79%

— (Cat Avg.)

Portfolio Summaryas of 31st January 2025

Equity	₹-0.57 Cr	-0.30%
Debt	₹0.72 Cr	0.38%
Others	₹188.31 Cr	99.92%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Cash Offset For Derivatives	Cash - General Offset	₹134.5 Cr	71.37%
Call, Cash & Other Assets	Cash - Collateral	₹11.35 Cr	6.02%
182 DTB 20022025	Bond - Gov't/Treasury	₹9.97 Cr	5.29%
Canara Bank	Cash - CD/Time Deposit	₹9.3 Cr	4.93%
Future on NMDC Ltd	Equity - Future	₹-6.63 Cr	3.52%
NMDC Ltd	Equity	₹6.6 Cr	3.50%
Future on ICICI Bank Ltd	Equity - Future	₹-6.43 Cr	3.41%
ICICI Bank Ltd	Equity	₹6.4 Cr	3.40%
Future on Axis Bank Ltd	Equity - Future	₹-6 Cr	3.19%
Future on Vodafone Idea Ltd	Equity - Future	₹-5.99 Cr	3.18%
Axis Bank Ltd	Equity	₹5.98 Cr	3.17%
Vodafone Idea Ltd	Equity	₹5.97 Cr	3.17%
Franklin India Money Mkt Dir Gr	Mutual Fund - Open End	₹5.53 Cr	2.93%
Future on Reliance Industries Ltd	Equity - Future	₹-5.33 Cr	2.83%
Reliance Industries Ltd	Equity	₹5.31 Cr	2.82%
182 DTB 27022025	Bond - Gov't/Treasury	₹4.98 Cr	2.64%
91 DTB 13032025	Bond - Gov't/Treasury	₹4.97 Cr	2.63%
91 DTB 20032025	Bond - Gov't/Treasury	₹4.96 Cr	2.63%
91 DTB 17042025	Bond - Gov't/Treasury	₹4.93 Cr	2.62%
Future on TVS Motor Co Ltd	Equity - Future	₹-4.31 Cr	2.29%
TVS Motor Co Ltd	Equity	₹4.3 Cr	2.28%
Future on IndusInd Bank Ltd	Equity - Future	₹-4.29 Cr	2.28%
IndusInd Bank Ltd	Equity	₹4.26 Cr	2.26%
Future on State Bank of India	Equity - Future	₹-4.19 Cr	2.22%
State Bank of India	Equity	₹4.17 Cr	2.21%
Future on Punjab National Bank	Equity - Future	₹-3.75 Cr	1.99%
Punjab National Bank	Equity	₹3.72 Cr	1.98%
Future on Titan Co Ltd	Equity - Future	₹-3.5 Cr	1.86%
Titan Co Ltd	Equity	₹3.48 Cr	1.85%
Future on Tata Power Co Ltd	Equity - Future	₹-3.36 Cr	1.78%
Future on Jubilant Foodworks Ltd	Equity - Future	₹-3.36 Cr	1.78%
Tata Power Co Ltd	Equity	₹3.35 Cr	1.78%
Jubilant Foodworks Ltd	Equity	₹3.34 Cr	1.77%
Future on Bajaj Auto Ltd	Equity - Future	₹-3.34 Cr	1.77%
Bajaj Auto Ltd	Equity	₹3.32 Cr	1.76%
Indus Towers Ltd	Equity - Future	₹-3.08 Cr	1.64%
Indus Towers Ltd Ordinary Shares	Equity	₹3.07 Cr	1.63%
Future on One97 Communications Ltd	Equity - Future	₹-3.04 Cr	1.62%
One97 Communications Ltd	Equity	₹3.03 Cr	1.61%
Future on ABB India Ltd	Equity - Future	₹-2.96 Cr	1.57%
ABB India Ltd	Equity	₹2.94 Cr	1.56%
Future on Prestige Estates Projects Ltd	Equity - Future	₹-2.8 Cr	1.49%
Prestige Estates Projects Ltd	Equity	₹2.78 Cr	1.48%
Future on Cipla Ltd	Equity - Future	₹-2.75 Cr	1.46%
Cipla Ltd	Equity	₹2.74 Cr	1.45%
Future on Yes Bank Ltd	Equity - Future	₹-2.71 Cr	1.44%
Yes Bank Ltd	Equity	₹2.7 Cr	1.43%
Future on Aditya Birla Fashion and Retail Ltd	Equity - Future	₹-2.29 Cr	1.21%
Aditya Birla Fashion and Retail Ltd	Equity	₹2.28 Cr	1.21%
Future on Trent Ltd	Equity - Future	₹-2.25 Cr	1.19%
Trent Ltd	Equity	₹2.24 Cr	1.19%
Future on Jio Financial Services Ltd	Equity - Future	₹-2.13 Cr	1.13%
Jio Financial Services Ltd	Equity	₹2.11 Cr	1.12%
ITC Ltd	Equity	₹2.08 Cr	1.10%
Future on ITC Ltd	Equity - Future	₹-2.06 Cr	1.09%
Future on Tata Motors Ltd	Equity - Future	₹-2.06 Cr	1.09%
Future on ICICI Lombard General Insurance Co Ltd	Equity - Future	₹-2.06 Cr	1.09%
Tata Motors Ltd	Equity	₹2.05 Cr	1.09%
ICICI Lombard General Insurance Co Ltd	Equity	₹2.04 Cr	1.08%
Future on Wipro Ltd	Equity - Future	₹-1.97 Cr	1.05%
Wipro Ltd	Equity	₹1.96 Cr	1.04%
Margin On Derivatives	Cash - Collateral	₹-1.94 Cr	1.03%
Future on Bharat Electronics Ltd	Equity - Future	₹-1.92 Cr	1.02%
Bharat Electronics Ltd	Equity	₹1.92 Cr	1.02%
Future on NTPC Ltd	Equity - Future	₹-1.9 Cr	1.01%
NTPC Ltd	Equity	₹1.9 Cr	1.01%
Future on LIC Housing Finance Ltd	Equity - Future	₹-1.87 Cr	0.99%
LIC Housing Finance Ltd	Equity	₹1.85 Cr	0.98%
Future on HDFC Asset Management Co Ltd	Equity - Future	₹-1.8 Cr	0.96%
HDFC Asset Management Co Ltd	Equity	₹1.8 Cr	0.95%
Future on JSW Steel Ltd	Equity - Future	₹-1.8 Cr	0.95%
JSW Steel Ltd	Equity	₹1.79 Cr	0.95%
Future on Bharti Airtel Ltd	Equity - Future	₹-1.78 Cr	0.95%
Bharti Airtel Ltd	Equity	₹1.78 Cr	0.94%
Future on IDFC First Bank Ltd	Equity - Future	₹-1.71 Cr	0.91%
IDFC First Bank Ltd	Equity	₹1.71 Cr	0.91%
Future on Info Edge (India) Ltd	Equity - Future	₹-1.63 Cr	0.86%
Info Edge (India) Ltd	Equity	₹1.62 Cr	0.86%
Future on Grasim Industries Ltd	Equity - Future	₹-1.51 Cr	0.80%
Grasim Industries Ltd	Equity	₹1.51 Cr	0.80%
Future on Havells India Ltd	Equity - Future	₹-1.49 Cr	0.79%
Havells India Ltd	Equity	₹1.49 Cr	0.79%
Future on GMR Airports Ltd	Equity - Future	₹-1.48 Cr	0.79%
GMR Airports Ltd	Equity	₹1.47 Cr	0.78%
Cesc Ltd	Equity - Future	₹-1.43 Cr	0.76%
CESC Ltd	Equity	₹1.42 Cr	0.75%
Future on HDFC Bank Ltd	Equity - Future	₹-1.41 Cr	0.75%
HDFC Bank Ltd	Equity	₹1.4 Cr	0.74%
Future on Tata Communications Ltd	Equity - Future	₹-1.39 Cr	0.74%
Tata Communications Ltd	Equity	₹1.39 Cr	0.74%
Future on Coal India Ltd	Equity - Future	₹-1.33 Cr	0.71%
Coal India Ltd	Equity	₹1.33 Cr	0.71%
Future on Bajaj Finance Ltd	Equity - Future	₹-1.29 Cr	0.68%
Bajaj Finance Ltd	Equity	₹1.28 Cr	0.68%
Future on Hindalco Industries Ltd	Equity - Future	₹-1.25 Cr	0.67%
Hindalco Industries Ltd	Equity	₹1.25 Cr	0.66%
Future on Indian Hotels Co Ltd	Equity - Future	₹-1 Cr	0.53%
Indian Hotels Co Ltd	Equity	₹0.99 Cr	0.53%
Future on Sun Pharmaceuticals Industries Ltd	Equity - Future	₹-0.98 Cr	0.52%
Sun Pharmaceuticals Industries Ltd	Equity	₹0.98 Cr	0.52%
Future on Marico Ltd	Equity - Future	₹-0.97 Cr	0.51%
Marico Ltd	Equity	₹0.97 Cr	0.51%
The Ramco Cements Ltd	Equity - Future	₹-0.94 Cr	0.50%
Ramco Cements Ltd	Equity	₹0.94 Cr	0.50%
Future on Apollo Hospitals Enterprise Ltd	Equity - Future	₹-0.86 Cr	0.45%
Apollo Hospitals Enterprise Ltd	Equity	₹0.85 Cr	0.45%
Mahanagar Gas Ltd	Equity	₹0.83 Cr	0.44%
Future on Mahanagar Gas Ltd	Equity - Future	₹-0.82 Cr	0.44%
Future on Eicher Motors Ltd	Equity - Future	₹-0.73 Cr	0.39%
Eicher Motors Ltd	Equity	₹0.73 Cr	0.39%
Future on Piramal Enterprises Ltd	Equity - Future	₹-0.69 Cr	0.37%
Piramal Enterprises Ltd	Equity	₹0.69 Cr	0.37%
Future on JSW Energy Ltd	Equity - Future	₹-0.69 Cr	0.37%
JSW Energy Ltd	Equity	₹0.69 Cr	0.36%
Future on Pidilite Industries Ltd	Equity - Future	₹-0.65 Cr	0.34%
Pidilite Industries Ltd	Equity	₹0.65 Cr	0.34%
Future on Bank of Baroda	Equity - Future	₹-0.56 Cr	0.30%
Bank of Baroda	Equity	₹0.56 Cr	0.30%
Future on APL Apollo Tubes Ltd	Equity - Future	₹-0.53 Cr	0.28%
APL Apollo Tubes Ltd	Equity	₹0.53 Cr	0.28%
Future on Tata Steel Ltd	Equity - Future	₹-0.52 Cr	0.28%
Tata Steel Ltd	Equity	₹0.52 Cr	0.28%
Franklin India Liquid Sup Inst Dir Gr	Mutual Fund - Open End	₹0.5 Cr	0.27%
Future on HDFC Life Insurance Co Ltd	Equity - Future	₹-0.49 Cr	0.26%
HDFC Life Insurance Co Ltd	Equity	₹0.49 Cr	0.26%
Future on Zomato Ltd	Equity - Future	₹-0.4 Cr	0.21%
Zomato Ltd	Equity	₹0.4 Cr	0.21%
Future on Glenmark Pharmaceuticals Ltd	Equity - Future	₹-0.38 Cr	0.20%
Glenmark Pharmaceuticals Ltd	Equity	₹0.38 Cr	0.20%
Future on Samvardhana Motherson International Ltd	Equity - Future	₹-0.35 Cr	0.19%
Samvardhana Motherson International Ltd	Equity	₹0.35 Cr	0.19%
Future on Divi's Laboratories Ltd	Equity - Future	₹-0.34 Cr	0.18%
Divi's Laboratories Ltd	Equity	₹0.33 Cr	0.18%
Future on L&T Technology Services Ltd	Equity - Future	₹-0.33 Cr	0.17%
L&T Technology Services Ltd	Equity	₹0.33 Cr	0.17%
Future on Mahindra & Mahindra Ltd	Equity - Future	₹-0.32 Cr	0.17%
Mahindra & Mahindra Ltd	Equity	₹0.31 Cr	0.17%
Future on PVR INOX Ltd	Equity - Future	₹-0.31 Cr	0.17%
PVR INOX Ltd	Equity	₹0.31 Cr	0.16%
Future on Varun Beverages Ltd	Equity - Future	₹-0.28 Cr	0.15%
Varun Beverages Ltd	Equity	₹0.28 Cr	0.15%
Future on Max Healthcare Institute Ltd Ordinary Shares	Equity - Future	₹-0.28 Cr	0.15%
Max Healthcare Institute Ltd Ordinary Shares	Equity	₹0.28 Cr	0.15%
Future on Tata Chemicals Ltd	Equity - Future	₹-0.27 Cr	0.14%
Tata Chemicals Ltd	Equity	₹0.27 Cr	0.14%
Future on InterGlobe Aviation Ltd	Equity - Future	₹-0.26 Cr	0.14%
InterGlobe Aviation Ltd	Equity	₹0.26 Cr	0.14%
Cummins India Ltd	Equity	₹0.17 Cr	0.09%
Future on Cummins India Ltd	Equity - Future	₹-0.17 Cr	0.09%
Future on United Spirits Ltd	Equity - Future	₹-0.15 Cr	0.08%
United Spirits Ltd	Equity	₹0.15 Cr	0.08%
Future on Aditya Birla Capital Ltd	Equity - Future	₹-0.15 Cr	0.08%
Aditya Birla Capital Ltd	Equity	₹0.15 Cr	0.08%
Future on Bharat Heavy Electricals Ltd	Equity - Future	₹-0.11 Cr	0.06%
Bharat Heavy Electricals Ltd	Equity	₹0.11 Cr	0.06%
Future on Tube Investments of India Ltd Ordinary Shares	Equity - Future	₹-0.1 Cr	0.05%
Tube Investments of India Ltd Ordinary Shares	Equity	₹0.1 Cr	0.05%
Future on Kotak Mahindra Bank Ltd	Equity - Future	₹-0.08 Cr	0.04%
Kotak Mahindra Bank Ltd	Equity	₹0.08 Cr	0.04%
Future on Atul Ltd	Equity - Future	₹-0.06 Cr	0.03%
Atul Ltd	Equity	₹0.06 Cr	0.03%
Future on HCL Technologies Ltd	Equity - Future	₹-0.06 Cr	0.03%
HCL Technologies Ltd	Equity	₹0.06 Cr	0.03%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹41.41 Cr	21.97%
Consumer Cyclical	₹23.8 Cr	12.63%
Communication Services	₹14.14 Cr	7.50%
Basic Materials	₹14.11 Cr	7.48%
Industrials	₹8.46 Cr	4.49%
Utilities	₹8.18 Cr	4.34%
Energy	₹6.64 Cr	3.53%
Healthcare	₹5.56 Cr	2.95%
Technology	₹5.38 Cr	2.85%
Consumer Defensive	₹3.47 Cr	1.84%
Real Estate	₹2.78 Cr	1.48%

Risk & Performance Ratios

Fund Managers

Pallab Roy

Since November 2024

Yogik Pitti

Since November 2024

Rohan Maru

Since December 2024

Rajasa Kakulavarapu

Since November 2024

Additional Scheme Detailsas of 31st January 2025

ISIN

INF090I01XS9

Expense Ratio

0.30%

Exit Load

No Charges

Fund Size

₹188 Cr

Age

3 months

Lumpsum Minimum

₹5,000

Fund Status

Open Ended Investment Company

Benchmark

NIFTY 50 Arbitrage PR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Arbitrage Fund Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
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Bank of India Arbitrage Fund Direct Growth Low Risk	0.5%	0.0%	₹43.60 Cr	7.5%
Bank of India Arbitrage Fund Regular Growth Low Risk	0.9%	0.0%	₹43.60 Cr	6.8%
Mirae Asset Arbitrage Fund Direct Growth Low Risk	0.1%	0.0%	₹2900.03 Cr	8.0%
Mirae Asset Arbitrage Fund Regular Growth Low Risk	0.9%	0.0%	₹2900.03 Cr	7.1%
Tata Arbitrage Fund Regular Growth Low Risk	1.1%	0.0%	₹12921.02 Cr	7.2%
Tata Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹12921.02 Cr	8.0%
Mahindra Manulife Arbitrage Fund Direct Growth Low Risk	0.4%	0.0%	₹108.11 Cr	6.7%
Mahindra Manulife Arbitrage Fund Regular Growth Low Risk	1.2%	0.0%	₹108.11 Cr	5.9%

Risk Level

Your principal amount will be at Low Risk

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Still got questions?
We're here to help.

What is the current NAV of Franklin India Arbitrage Fund Direct Growth?

The NAV of Franklin India Arbitrage Fund Direct Growth, as of 21-Feb-2025, is ₹10.18.

What is the portfolio composition of Franklin India Arbitrage Fund Direct Growth?

The fund's allocation of assets is distributed as -0.30% in equities, 0.38% in bonds, and 99.92% in cash and cash equivalents.

Who manages the Franklin India Arbitrage Fund Direct Growth?

The fund managers responsible for Franklin India Arbitrage Fund Direct Growth are:-

Pallab Roy
Yogik Pitti
Rohan Maru
Rajasa Kakulavarapu

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Fund Overview

Fund Size

₹188 Cr

Expense Ratio

0.30%

ISIN

INF090I01XS9

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

19 Nov 2024

Risk Level

Your principal amount will be at Low Risk