Franklin India Arbitrage Fund

Hybrid

Franklin Templeton Mutual Fund

Arbitrage Fund

Get the latest NAV of Franklin India Arbitrage Fund. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹10.96

▲0.1%1D

NAV as on 17 Mar 2026

7.16%/per year

Since Inception

Absolute Gain%

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65 people have invested ₹ 1.6Cr in Franklin India Arbitrage Fund in the last three months

Franklin India Arbitrage Fund Performance vs. Arbitrage Fund Index

Fund returns vs Benchmark returns vs Category Average returns as on (17-Mar-26)

The fund has outperformed the benchmark (Arbitrage Fund Index) over 1Y, but underperformed over 3Y, 5Y.

Period	1M	3M	6M	1Y	3Y	5Y
This Fund	0.66%	1.88%	3.61%	7.2%	--	--
Arbitrage Fund Index	0.45%	1.59%	3.13%	6.04%	6.58%	5.63%
Arbitrage Fund Avg	0.53%	1.61%	3.19%	6.31%	7.06%	6%
Best in Arbitrage Fund	0.63%	2.02%	3.85%	7.47%	7.8%	6.86%
Worst in Arbitrage Fund	0.47%	1.42%	2.78%	5.31%	6.59%	5.62%

Peer comparison

Fund Name	INDmoney Rank	AUM (in Crs.)	Expense Ratio	1Y Returns	3Y Returns	3Y Alpha	3Y Beta	3Y Sharpe	3Y Sortino	3Y Info Ratio
Franklin India Arbitrage Fund	-	794Cr	0.28%	7.2%	-	--	--	--	--	--
Edelweiss Arbitrage Fund	1/16	15,452Cr	0.39%	6.89%	7.8%	0.70	0.35	3.31	12.29	0.04
HSBC Arbitrage Fund	2/16	2,433Cr	0.29%	6.75%	7.6%	--	--	3.01	10.47	--
Axis Arbitrage Fund	3/16	9,212Cr	0.33%	6.94%	7.69%	--	--	3.13	9.72	--

See all

Franklin India Arbitrage Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

₹1L

₹10L

1-time
SIP

Total Investment

Profit

Total Corpus

Absolute Return

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Franklin India Arbitrage Fund Asset Allocation

See fund asset allocation details as on (14-Mar-26)

Fund Distribution

as on (14-Mar-26)

AAA

69.6%

30.4%

Franklin India Arbitrage Fund Sector Allocation

See fund sector allocation details as on (14-Mar-26)

Sector Allocation

Cash Equivalent

75.5%

Corporate

16.2%

Government

8.3%

Top 3 Sectors in February were Financial Services, Communication & Consumer Cyclical

Feb'26

Financial Services

41%

Corporate

13%

Basic Materials

11%

Jan'26

Financial Services

40%

Communication

11%

Consumer Cyclical

11%

Franklin India Arbitrage Fund Holdings Details

as on (28-Feb-26)

Holdings	Weight%	1M Change
HDFC Bank Ltd	6.05%	0%
Reliance Industries Ltd	4.4%	3.1%
ICICI Bank Ltd	3.72%	0%
Vodafone Idea Ltd	3.11%	0%
Asian Paints Ltd	3.1%	-29.7%

See all

Top Stocks bought last month

ICICI Lombard General Insurance Co Ltd's allocation increased from 0.1% to 1.2%

Mahindra & Mahindra Ltd's allocation increased from 0.52% to 1.6%

Bharat Electronics Ltd's allocation increased from 0.74% to 1.64%

Top Stocks sold last month

ICICI Bank Ltd's allocation decreased from 5.49 % to 5 %

Vodafone Idea Ltd's allocation decreased from 3.78 % to 3.75 %

Sammaan Capital Ltd's allocation decreased from 3.22 % to 3.2 %

Franklin India Arbitrage Fund Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio	0.28%
Benchmark	NIFTY 50 Arbitrage PR INR
AUM	₹794 Cr
Inception Date	19 November, 2024
Min Lumpsum/SIP	₹5,000/₹500
Exit Load	0.2%
Lock In	No Lock-in
TurnOver	657.36%
Risk	Low to Moderate Risk

About Franklin India Arbitrage Fund

Franklin India Arbitrage Fund is a hybrid fund. This fund was started on 19 November, 2024. The fund is managed by Rajasa Kakulavarapu, Rohan Maru, Pallab Roy, Mukesh Jain. This fund gives you the benefit of diversification.

Key Parameters

Franklin India Arbitrage Fund has ₹794 Cr worth of assets under management (AUM) as on Mar 2026 and is more than category average.
The fund has an expense ratio 0.3.

Returns

Franklin India Arbitrage Fund has given a CAGR return of 7.16% since inception. Over the last 1 year the fund has given a CAGR return of 7.20%.

Holdings

Franklin India Arbitrage Fund has allocated its funds majorly in Cash Equivalent, Financial Services, Corporate, Basic Materials, Energy, Communication, Consumer Cyclical, Tech, Industrial, Consumer Defensive, Health, Government, Real Estate, Utilities.

Taxation

As it is a arbitrage fund mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Franklin India Arbitrage Fund

The investment objective of the scheme is to generate capital appreciation and 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.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. Franklin India Arbitrage Fund has no lock in period.

Fund Manager

Rajasa Kakulavarapu

Fund Manager of Franklin India Arbitrage Fund, since 19 November 2024

Rohan Maru

Fund Manager of Franklin India Arbitrage Fund, since 3 December 2024

Pallab Roy

Fund Manager of Franklin India Arbitrage Fund, since 19 November 2024

Mukesh Jain

Fund Manager of Franklin India Arbitrage Fund, since 7 July 2025

Learn more about Franklin Templeton Mutual Fund

Parameters	Feb'26	Jan'26	Dec'25
AUM	₹ 794.4 Cr	₹ 730.6 Cr	₹ 641.4 Cr

AUM of the fund stands at 794.4 Cr as of Feb'26
AUM increased by 63.9 Cr between Feb'26 and Jan'26

Frequently Asked Questions for Franklin India Arbitrage Fund

How do I invest in Franklin India Arbitrage Fund?

INDmoney makes it simple to invest in the Franklin India Arbitrage Fund. To do so, follow the steps below:

Download the INDmoney app.
Search for ‘Franklin India Arbitrage Fund’.
Select whether you want to invest in SIP or lump sum.
Enter the amount you wish to invest.
Set up payments via bank mandate or UPI.

What is the current NAV of Franklin India Arbitrage Fund?

The NAV of the fund today is ₹10.96. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Franklin India Arbitrage Fund fund has generated a return of 7.20% in 1 year

Who is the fund manager of Franklin India Arbitrage Fund?

The fund managers are Rajasa Kakulavarapu, Rohan Maru, Pallab Roy, Mukesh Jain.

What is the exit load of the fund?

The exit load is 0.25% if redeemed in 0-30 Days. Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.28%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹794 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Franklin India Arbitrage Fund?

The top 3 holdings of the fund are Franklin India Money Mkt Dir Gr(14.45%), HDFC Bank Ltd(6.05%), Reliance Industries Ltd(4.4%)