Fundalysisby DARKHORSESTOCKS

Scheme

ITI Arbitrage Fund

Holds 29 companies worth ₹42.3 Cr in Sept 2026.

  • Fund house

    ITIThe fund house that runs this scheme.

  • AUM

    ₹64.8 CrITI Arbitrage Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Up 2.8% on Aug 2026, ₹63 Cr.

  • Largest holding

    One 97 Communications LimitedOne 97 Communications Limited is 8.8% of this scheme's NAV.

  • Fund manager

    Vikas NathaniRuns it since 1 Jan 2024, as the fund house dates it. With Laukik Bagwe (fund manager), Animesh Singh (fund manager).

Overview(7 Oct 2026)

Fund managers3

  1. Vikas NathaniFund manager · Jan 2024 · 19y · M.Com
  2. Laukik BagweFund manager, debt · Feb 2025 · 26y · PGDM B.Com
  3. Animesh SinghFund manager · May 2026 · 23y · CFA PGDM
  1. Rohan KordeNov 2024 – Apr 2026

Key facts

Benchmark
Nifty 50 Arbitrage Index
Risk
Low
Expense
Regular 1.8% · Direct 1.1%
Exit load
10% of the units allotted may be redeemed without any exit load, on or before completion of 15 days from the date of allotment of units. Any redemption in excess of such limit in the first 15 days from the date of allotment shall be subject to the following exit load: i. 0.25% if redeemed or switched out on or before completion of 15 days from the date of allotment of units ii. Nil, if redeemed or switched out after completion of 15 days from the date of allotment of units.
Started
9 Sept 2019
Minimum
₹5,000

Source.Its Scheme Summary Document as of 7 Oct 2026 at AMFI.

What changed(8 changes)

Aug 2026

1 change
  1. Expense ratio
    30 AugRegular 1.85% → 1.8%Direct 1.15% → 1.11%

Jul 2026

1 change
  1. Expense ratio
    30 JulRegular 1.83% → 1.85%Direct 1.13% → 1.15%

Jun 2026

1 change
  1. Expense ratio
    29 JunRegular 0.95% → 1.83%Direct 0.26% → 1.13%

Source.Its filings at NSE, since Jul 2025.

Fund managers over time(Jan 2024 – now)

  1. Vikas Nathani
  2. Laukik Bagwe
  3. Animesh Singh
  4. Rohan Korde
MainCoSlice20252026
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 2025 – Oct 2026)

Every change to the expense ratio, newest first.
7 changesRegularDirectΔ pt
30 Aug 20261.80%1.11%0.04
30 Jul 20261.85%1.15%0.02
29 Jun 20261.83%1.13%0.87
30 May 20260.95%0.26%0.89
29 Apr 20261.84%1.15%0.12
30 Mar 20261.96%1.27%1.06
31 Jul 20250.93%0.21%–
Direct plan, 30 Aug 2026
1.11%
Regular plan 1.80% · Exit load 10% of the units allotted may be redeemed without any exit load, on or before completion of 15 days from the date of allotment of units. Any redemption in excess of such limit in the first 15 days from the date of allotment shall be subject to the following exit load: i. 0.25% if redeemed or switched out on or before completion of 15 days from the date of allotment of units ii. Nil, if redeemed or switched out after completion of 15 days from the date of allotment of units.
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(7 Oct 2026)

Objective

The investment objective of the Scheme is to generate income by predominantly investing in arbitrage opportunities in the cash and derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market instruments. However, there is no assurance that the investment objective of the scheme will be realized.

Risk, type and benchmark

Riskometer
Low
Type
An open ended scheme investing in arbitrage opportunities. No investment in InvITs is permitted
Benchmark
Nifty 50 Arbitrage Index

Asset allocation it may hold% of NAV

  1. Equity & and Units issued by REITs, Equity related instruments including derivatives
    Allowed65–100%
  2. Debt instruments (including floating rate debt instruments and securitized debt)* with maturity up to 91 days only
    Allowed0–35%
  3. Under defensive circumstances, the asset allocation would be as follows Equity and Units issued by REITs, Equity related instruments including derivatives
    Allowed0–35%
  4. Debt instruments (including floating rate debt instruments and securitized debt)* with maturity up to 91 days only
    Allowed65–100%

Holds in Sept 2026.65.3% equity · 34.7% debt and cash

How to invest(7 Oct 2026)

Buying

To start
₹5,000, then in multiples of ₹1
To add
₹1,000, then in multiples of ₹1
Systematic
SIP-Daily/Weekly/Monthly, STP- Daily/Weekly/Monthly/ Quarterly, SWP- Monthly/ Quarterly
Dates
SIP-Daily (Every Business Day), Weekly (Any Day from Monday to Friday),Monthly (Every Business Day), STP- Daily (Every Business Day), Weekly (Any Day from Monday to Friday),Quarterly (1st or 7th or 14th or 21st or 28th of last month of every quarter), Monthly (1,7,14,21 or 28th of the month), SWP-Monthly and Quarterly (1,7,14,21 or 28th of every month/month of every quarter)
Minimum
SIP-Daily: Rs. 500/-/ Weekly and Monthly:Rs. 500/-, STP- Rs. 500/-, SWP- Rs. 1000/-, then sIP-1, STP-1, SWP-1
Instalments
SIP-Daily- 30 ; Weekly/Monthly -12 or 6, STP-Daily-30; Weekly /Monthly/Quarterly -2, SWP- Monthly/Quarterly-2
Most
Nil

Selling and switching

To redeem
₹1,000
Switch minimum
₹1,000
Switch multiples
₹1

Scheme details(7 Oct 2026)

What it is

Category
Arbitrage Fund
Offer
20 Aug 2019 to 3 Sept 2019
Started
9 Sept 2019
Reopened
12 Sept 2019
Plans
Regular Plan- Growth Option · Regular Plan- Income Distribution cum Capital Withdrawal (IDCW) Option (with Payout of IDCW option) · Regular Plan- IDCW Option (with Reinvestment of IDCW option) · Direct Plan- Growth Option · Direct Plan- IDCW Option (with Payout of IDCW option) · Direct Plan- IDCW Option (with Reinvestment of IDCW option)
Face value
Rs.10/- each
Listed
No

How it is run

Swing pricing
No
Side-pocketing
Yes
Custodian
Deutsche Bank A.G.
Auditor
S. R. Batliboi & Co. LLP
Registrar
KFin Technologies Limited
SEBI code
ITIM/O/H/ARB/19/02/0004