Bandhan Arbitrage Fund
Other options
The page shows the Growth option. The Regular plan’s other options have their own codes.
| Option | AMFI code | ISIN |
|---|---|---|
| Growth (this page) | 108845 | INF194K01649 |
| IDCW | 108847 | INF194K01664, INF194K01656 |
| IDCW | 133680 | INF194KA1YE0, INF194KA1YD2 |
Arbitrage Fund
Bandhan Mutual Fund
Open-ended. Launched on 21 Dec 2006.
- NAV
- Data delayed
- AssetsAssets The market value of everything the scheme holds, less what it owes, as the fund house discloses it at each month-end.
- ₹7,745 cr
- 30 Sep 2026
- SIP fromSIP Systematic investment plan: a fixed sum put into the scheme at regular intervals, usually every month.
- ₹100
- a month
- BenchmarkBenchmark The market index the fund house names in the SID as the measure the scheme is compared against.
- NIFTY 50 Arbitrage Total Return Index
- as the SID names it
- Riskometer
- Low
- read by Felix on 28 Oct 2026
The SID and KIM are the final reference for every fact on this page.
The fund house also offers a Direct plan of this scheme, whose expenses are lower to the extent of the distribution commission.
Assets: the fund house’s month-end disclosure of 30 Sep 2026. Minimums: fund house documents, as read by Felix on 28 Oct 2026. Benchmark: the SID.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
What it is
SEBI’s rule for an Arbitrage Fund: arbitrage trades, with at least 65% in shares; its debt is only government securities maturing within a year, and their repos. Source: SEBI
What the SID allows it to holdSID Scheme information document: the scheme’s offer document, which sets out its objective, asset allocation, risks and expenses.
Source: the SID’s asset allocation, from fund house disclosures.
Riskometer
The risk of the scheme is Low
As read by Felix on 28 Oct 2026. Fund houses review this level every month, and the fund house’s latest disclosure prevails: Riskometer disclosures, Bandhan Mutual Fund
- Low
- Low to Moderate
- Moderate
- Moderately High
- High
- Very High
Benchmark: NIFTY 50 Arbitrage Total Return Index. Its riskometer is published monthly by the fund house: Riskometer disclosures, Bandhan Mutual Fund
Source: fund houses’ disclosures.
Who runs it
Brijesh Shahsince 10 Jun 2024
Fund manager, foreign securities, debt
Also manages Bandhan 10 year Constant Maturity Gilt Fund, Bandhan Aggressive Hybrid Fund, Bandhan Balanced Advantage Fund, Bandhan Banking and PSU Debt Fund, Bandhan Conservative Hybrid Fund, Bandhan Corporate Bond Fund, Bandhan Credit Risk Fund, Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund, Bandhan Dynamic Term Fund, Bandhan Equity Savings Fund, Bandhan Floating Interest Rates Fund, Bandhan Gilt Fund, Bandhan Healthcare Fund, Bandhan Innovation Fund, Bandhan Liquid Fund, Bandhan Long Term Fund, Bandhan Medium Term Fund, Bandhan Medium to Long Term Fund, Bandhan Money Market Fund, Bandhan Multi Asset Allocation Fund, Bandhan Multi-Factor Fund, Bandhan Overnight Fund, Bandhan Retirement Fund, Bandhan Short Term Fund, Bandhan Ultra Short Term Fund, Bandhan Ultra Short to Short Term Fund, Bandhan US Treasury Bond 0-1 year Specific Debt Passive FoF
Gaurav Satrasince 10 Jun 2024
Fund manager, foreign securities, equity
Also manages Bandhan Aggressive Hybrid Fund, Bandhan Balanced Advantage Fund, Bandhan Business Cycle Fund, Bandhan Conservative Hybrid Fund, Bandhan Contra Fund, Bandhan ELSS - Tax Saver Fund, Bandhan Equity Savings Fund, Bandhan Financial Services Fund, Bandhan Flexi Cap Fund, Bandhan Focused Fund, Bandhan Healthcare Fund, Bandhan Infrastructure Fund, Bandhan Innovation Fund, Bandhan Large & Mid Cap Fund, Bandhan Large Cap Fund, Bandhan Mid Cap Fund, Bandhan Multi Asset Allocation Fund, Bandhan Multi Cap Fund, Bandhan Retirement Fund, Bandhan Small Cap Fund, Bandhan Transportation and Logistics Fund, Bandhan US specific Equity Active FoF, Bandhan Value Fund
Harshal Joshisince 20 Oct 2016
Fund manager, debt
Also manages Bandhan 10 year Constant Maturity Gilt Fund, Bandhan Aggressive Hybrid Fund, Bandhan Business Cycle Fund, Bandhan Conservative Hybrid Fund, Bandhan Contra Fund, Bandhan CRISIL IBX 90:10 SDL Plus Gilt- April 2032 Index Fund, Bandhan CRISIL IBX 90:10 SDL Plus Gilt- November 2026 Index Fund, Bandhan CRISIL IBX 90:10 SDL Plus Gilt-September 2027 Index Fund, Bandhan CRISIL IBX Gilt April 2028 Index Fund, Bandhan Crisil IBX Gilt April 2032 Index Fund, Bandhan CRISIL IBX Gilt June 2027 Index Fund, Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund, Bandhan Equity Savings Fund, Bandhan Financial Services Fund, Bandhan Income Plus Arbitrage Active FoF, Bandhan Liquid Fund, Bandhan Mid Cap Fund, Bandhan Multi Cap Fund, Bandhan Transportation and Logistics Fund, Bandhan Ultra Short Term Fund, Bandhan Ultra Short to Short Term Fund, Bandhan US specific Equity Active FoF
Kapil Kankonkarsince 16 Jun 2025
Fund manager, equity
Also manages Bandhan Equity Savings Fund, Bandhan Multi Asset Allocation Fund
Ritika Beherasince 7 Oct 2023
Fund manager, foreign securities
Also manages Bandhan Aggressive Hybrid Fund, Bandhan Balanced Advantage Fund, Bandhan Business Cycle Fund, Bandhan Conservative Hybrid Fund, Bandhan Contra Fund, Bandhan ELSS - Tax Saver Fund, Bandhan Equity Savings Fund, Bandhan Financial Services Fund, Bandhan Flexi Cap Fund, Bandhan Focused Fund, Bandhan Healthcare Fund, Bandhan Infrastructure Fund, Bandhan Innovation Fund, Bandhan Large & Mid Cap Fund, Bandhan Large Cap Fund, Bandhan Mid Cap Fund, Bandhan Multi Asset Allocation Fund, Bandhan Multi Cap Fund, Bandhan Retirement Fund, Bandhan Small Cap Fund, Bandhan Transportation and Logistics Fund, Bandhan US specific Equity Active FoF, Bandhan Value Fund
Bars on one scale, from the scheme’s launch. Other schemes A to Z. Source: fund house disclosures, as of 28 Oct 2026.
Codes and identity
from the SID and AMFI- Fund house
- Bandhan Mutual Fund
- SEBI category
- Arbitrage Fund
- Plan and option
- Regular plan – Growth
- Structure
- Open-ended
- Launched
- 21 Dec 2006
- AMFI code, Growth
- 108845
- ISIN, Growth
- INF194K01649
- IDCW INF194K01664, INF194K01656
- IDCW INF194KA1YE0, INF194KA1YD2
- Registrar
- CAMS
- Fund house website
- bandhanmutual.com ↗
ISINs of the IDCW options
Bandhan Mutual Fund
Bandhan Mutual Fund runs 72 schemes in their Regular plan: 17 equity, 16 debt, 6 hybrid, 24 index funds and ETFs, 9 other.
22 fund managers, in their current schemes for 3 years 1 month on average.
4 schemes launched in the last 12 months.
- All 72 schemes
- bandhanmutual.com
- Registrar: CAMS
Source: fund houses’ disclosures, as of 28 Oct 2026.
Buying and selling
- SIP from
- ₹100, as the KIM states it
- Entry load
- Nil, since 1 Aug 2009
- Stamp duty
- 0.005% of the amount invested, since 1 Jul 2020
- Applicable NAV
- That business day’s, when the application and the money reach the fund house by the 3 pm cut-off; after it, the next business day’s
- Redemption money
- Within 3 working days of the redemption request
Sources: the scheme’s KIM for the minimums; SEBI for the entry load, cut-off and redemption timeline; Ministry of Finance for stamp duty.
The category: Arbitrage Fund
All 39 schemesSchemes 1 to 10 of 39, A to Z; this scheme is marked.Schemes 2 to 6 of 39, A to Z; this scheme is marked.
| Scheme | Benchmark | Assets, ₹ cr (30 Sep 2026) | SIP from, ₹ | Launched |
|---|---|---|---|---|
| Aditya Birla Sun Life Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 26,933 | 100 | 2009 |
| Axis Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 10,168 | 100 | 2014 |
| Bajaj Finserv Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 1,375 | 500 | 2023 |
| Bandhan Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 7,745 | 100 | 2006 |
| Bank of India Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 111 | 1,000 | 2018 |
| Baroda BNP Paribas Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 1,015 | 250 | 2016 |
| Capitalmind Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 23 | Not reported | 2026 |
| DSP Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 6,720 | 100 | 2018 |
| Edelweiss Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 14,250 | 100 | 2014 |
| Franklin India Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 1,921 | 500 | 2024 |
| Scheme | Benchmark | Assets, ₹ cr (30 Sep 2026) | SIP from, ₹ | Launched |
|---|---|---|---|---|
| Axis Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 10,168 | 100 | 2014 |
| Bajaj Finserv Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 1,375 | 500 | 2023 |
| Bandhan Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 7,745 | 100 | 2006 |
| Bank of India Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 111 | 1,000 | 2018 |
| Baroda BNP Paribas Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 1,015 | 250 | 2016 |
Show all 39 schemes
| Scheme | Benchmark | Assets, ₹ cr (30 Sep 2026) | SIP from, ₹ | Launched |
|---|---|---|---|---|
| Aditya Birla Sun Life Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 26,933 | 100 | 2009 |
| Axis Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 10,168 | 100 | 2014 |
| Bajaj Finserv Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 1,375 | 500 | 2023 |
| Bandhan Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 7,745 | 100 | 2006 |
| Bank of India Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 111 | 1,000 | 2018 |
| Baroda BNP Paribas Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 1,015 | 250 | 2016 |
| Capitalmind Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 23 | Not reported | 2026 |
| DSP Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 6,720 | 100 | 2018 |
| Edelweiss Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 14,250 | 100 | 2014 |
| Franklin India Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 1,921 | 500 | 2024 |
| Groww Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 70 | Not reported | 2026 |
| HDFC Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 25,407 | 100 | 2007 |
| Helios Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 133 | Not reported | 2026 |
| HSBC Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 3,633 | 500 | 2014 |
| ICICI Prudential Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 35,576 | 1,000 | 2006 |
| Invesco India Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 30,396 | 500 | 2007 |
| ITI Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 65 | 500 | 2019 |
| JioBlackRock Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 558 | Not reported | 2026 |
| JM Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 341 | 100 | 2006 |
| Kotak Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 75,275 | 100 | 2005 |
| LIC MF Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 305 | 200 | 2019 |
| Mahindra Manulife Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 138 | 500 | 2020 |
| Mirae Asset Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 3,571 | 99 | 2020 |
| Motilal Oswal Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 3,434 | 500 | 2024 |
| Nippon India Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 17,216 | 100 | 2010 |
| NJ Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 234 | 100 | 2022 |
| Old Bridge Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 254 | Not reported | 2025 |
| Parag Parikh Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 2,750 | 1,000 | 2023 |
| PGIM India Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 98 | 1,000 | 2014 |
| Quant Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 1,007 | 1,000 | 2025 |
| Samco Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 26 | 250 | 2024 |
| SBI Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 46,309 | 500 | 2006 |
| Sundaram Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 539 | 100 | 2016 |
| Tata Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 24,539 | 150 | 2018 |
| The Wealth Company Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 138 | Not reported | 2025 |
| TRUSTMF Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 138 | Not reported | 2025 |
| Union Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 220 | 500 | 2019 |
| UTI Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 10,900 | 500 | 2006 |
| WhiteOak Capital Arbitrage Fund | NIFTY 50 Arbitrage Total Return Index | 820 | 100 | 2024 |
Regular plan – Growth for every scheme. Source: fund houses’ disclosures; assets at month-end 30 Sep 2026; SIP minimums as read by Felix on 28 Oct 2026; benchmarks as each SID names them.
What changed
- 16 Jun 2025Kapil Kankonkar became a fund manager
- 10 Jun 2024Brijesh Shah became a fund manager
- 10 Jun 2024Gaurav Satra became a fund manager
- 7 Oct 2023Ritika Behera became a fund manager
- 20 Oct 2016Harshal Joshi became a fund manager
- 21 Dec 2006Launched
- 30 Nov 2006NFO closed
- 14 Nov 2006NFO opened
Source: fund house disclosures and SEBI.
Documents
KIM Key information memorandum: the short summary of the SID that comes with every application form.Bandhan Mutual Fund publishes the scheme’s documents on its website:
- Scheme information document (SID)
- Key information memorandum (KIM)
- Monthly factsheet
- Monthly portfolio disclosure
Felix links to the fund house’s own copies and never copies them.
Questions about this fund
Who manages it, and since when?
Harshal Joshi, since 20 Oct 2016 (Fund manager, debt); Ritika Behera, since 7 Oct 2023 (Fund manager, foreign securities); Brijesh Shah, since 10 Jun 2024 (Fund manager, foreign securities, debt); Gaurav Satra, since 10 Jun 2024 (Fund manager, foreign securities, equity); Kapil Kankonkar, since 16 Jun 2025 (Fund manager, equity). Source: Bandhan Mutual Fund’s disclosures.
What is the minimum SIP?
₹100 a month, as of 28 Oct 2026, from the fund house’s documents.
What is its benchmark?
NIFTY 50 Arbitrage Total Return Index, as the SID names it. Felix shows the benchmark by name only.
When was it launched, and what was it called before?
It was launched on 21 Dec 2006.
How do I invest in it?
Read the SID and KIM on Bandhan Mutual Fund’s website first. A mutual fund distributor can place your application in this scheme’s Regular plan. Investments made through a mutual fund distributor are in the Regular plan, which includes distributor commission.
What does “Regular plan – Growth” mean?
The Regular plan is the one bought through a distributor; its expenses include the distributor’s commission. In the Growth option, gains stay in the NAV and nothing is paid out.
Where are its documents?
On Bandhan Mutual Fund’s website: the scheme information document (SID), the key information memorandum (KIM) and the monthly factsheet.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
Data on this page
| Block | Source | For |
|---|---|---|
| Assets | Fund houses’ disclosures, at month-end | 30 Sep 2026 |
| Minimums | Fund house documents, as read by Felix | 28 Oct 2026 |
| Riskometer | Fund houses’ disclosures, as read by Felix | 28 Oct 2026 |
| Asset allocation | The SID, from fund house disclosures | 28 Oct 2026 |
| Fund managers | Fund house disclosures | 28 Oct 2026 |
Something wrong or out of date? Report an error
When you are ready, invest with a person.
The SID and KIM are the final reference for every fact on this page.