Fundalysisby DARKHORSESTOCKS

Scheme

Invesco India Arbitrage Fund

Holds 193 companies worth ₹24,209 Cr in Sept 2026.

  • Fund house

    INVESCOThe fund house that runs this scheme.

  • AUM

    ₹30,282 CrInvesco India Arbitrage Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 1.1% on Aug 2026, ₹30,618 Cr.

  • Largest holding

    HDFC BankHDFC Bank is 5.6% of this scheme's NAV.

  • Fund manager

    Deepak GuptaRuns it since 11 Nov 2021, as the fund house dates it. With Pradeep Sukte (co-manager).

Overview(30 Jun 2026)

Fund managers2

  1. Deepak GuptaFund manager · Nov 2021 · 20y · CA B.Com
  2. Pradeep SukteCo-manager · Jun 2026 · 19y · CFA B.Com
  1. Manish KalaniJul 2025 – Jun 2026
  2. Kuber MannadiSept 2022 – Jul 2025

Key facts

Benchmark
Nifty 50 Arbitrage
Risk
Low
Expense
Regular 1.05% · Direct 0.37%
Exit load
0.5% within 15 days
Started
30 Apr 2007
Minimum
₹1,000

Source.Its Scheme Summary Document as of 30 Jun 2026 at AMFI.

What changed(4 changes)

Jun 2026

2 changes
  1. Pradeep Sukte joined
    30 Junas co-manager
  2. Manish Kalani left
    10 Junran it as co-manager from Jul 2025

Jul 2025

2 changes
  1. Manish Kalani joined
    1 Julas co-manager
  2. Kuber Mannadi left
    1 Julran it as co-manager from Sept 2022

Source.Its filings at NSE, since Jul 2024.

Fund managers over time(Nov 2021 – now)

  1. Deepak Gupta
  2. Pradeep Sukte
  3. Manish Kalani
  4. Kuber Mannadi
MainCoSlice20222023202420252026
Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs(Jul 2024 – Jun 2026)

Every change to the expense ratio, newest first.
1 filingRegularDirectΔ pt
31 Jul 20241.05%0.37%–
Direct plan, 31 Jul 2024
0.37%
Regular plan 1.05% · Exit load 0.5% within 15 days
Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk(30 Jun 2026)

Objective

To generate income by predominantly investing in arbitrage opportunities in the cash and derivatives market, and by investing the balance in debt and money market instruments.

Risk, type and benchmark

Riskometer
Low
At launch
Low to Moderate
Type
An open ended scheme investing in arbitrage opportunities
Benchmark
Nifty 50 Arbitrage

Asset allocation it may hold% of NAV

  1. Equity and Equity Related Instruments
    Allowed65–100%
  2. *Equity Derivative
    Allowed65–100%
  3. Other arbitrage opportunities
    Allowed0–35%
  4. Debt^, Money Market Instruments
    Allowed0–35%Holds20.4%

Holds in Sept 2026.79.6% equity · 20.4% debt and cash

How to invest(30 Jun 2026)

Buying

To start
₹1,000, then in multiples of ₹1
To add
₹1,000, then in multiples of ₹1
Systematic
SIP-Monthly/Quarterly, SWP-Weekly/Monthly/Quarterly, Fixed STP- Daily/ Weekly/ Fortnightly/ Monthly/ Quarterly, Flex STP- Monthly/Quarterly, Appreciation STP- Monthly/Quarterly
Dates
SIP -Any date except 29th, 30th or 31st of the month; SWP -First business day of the week in case of weekly frequency and on 3rd, 10th, 15th, 20th or 25th of each month /quarter; Fixed STP: Daily - Business Day for source scheme as well as target scheme. Weekly- Monday to Friday. Fortnightly- on 1st and 16th of each month. Monthly / Quarterly - Any date choice except 29th, 30th & 31st; Flex / Appreciation STP- Any date except 29th, 30th and 31st
Minimum
SIP-Monthly:500; Quarterly: 1500, SWP-Weekly/Monthly:1000;Quarterly:1500, Fixed STP- Daily:500; Weekly/ Fortnightly/ Monthly:1000 Quarterly:1500; Flex STP- Monthly:1000; Quarterly:1500, Appreciation STP- Monthly/Quarterly:500, then sIP - 1, SWP - 1, STP - 1
Instalments
SIP -Monthly -12 (where the amount of each installment is Rs. 500 or more but less than Rs. 1,000) or 6 (where the amount of each installment is Rs. 1,000 or more), Quarterly- 4 ; SWP - Weekly/Monthly-6, Quarterly-4 ; Fixed STP: Daily-12, Weekly/Fortnightly/ Monthly -6 , Quarterly- 4; Flex STP: Monthly -6, Quarterly- 4

Selling and switching

To redeem
₹1,000 or 0.001 units
Switch minimum
₹1,000 or 0.001 (for switch-outs) units
Switch multiples
0.01 (for switch-ins)
Switch most
Not Applicable.

Scheme details(30 Jun 2026)

What it is

Category
Arbitrage Fund
Offer
10 Apr 2007 to 20 Apr 2007
Started
30 Apr 2007
Reopened
3 May 2007
Plans
Regular Plan- Growth, Regular Plan-Payout of Income Distribution cum Capital Withdrawal option, Regular Plan-Reinvestment of Income Distribution cum Capital Withdrawal · option, Direct Plan- Growth, Direct Plan-Payout of Income Distribution cum Capital Withdrawal option, Direct Plan-Reinvestment of Income Distribution cum Capital Withdrawal · option
Face value
₹10
Listed
No

How it is run

Swing pricing
No
Side-pocketing
No
Custodian
Deutsche Bank AG
Auditor
Deloitte Haskins & Sells LLP
Registrar
KFin Technologies Limited
SEBI code
INVM/O/H/ARB/06/12/0005