Groww Arbitrage Fund (formerly known as Indiabulls Arbitrage Fund) - Direct Plan- Yearly Income Distribution cum capital withdrawal Option (Payout & Reinvestment)
Mutual Fund · Hybrid Scheme - Arbitrage Fund · As of 18 Oct 2026, 6:50 pm
Middle-of-the-road. Nothing alarming, nothing exceptional in the numbers available here. A peer comparison within the same category will tell you more than this snapshot alone.
DalalBaazaar Score
47/ 100
Moderate
Weighted across five categories. Every point is explained below.
✗ Well behind the Nifty 50 over 3Y — -1.3% against 187160.6%, which an index fund would have delivered at a fraction of the cost
✗ Well behind the Nifty 50 over 5Y — 4.3% against 12.0%, which an index fund would have delivered at a fraction of the cost
• This fund's category (Hybrid Scheme - Arbitrage Fund) is not what the Nifty 50 tracks, so the comparison below is indicative only — judge it against its own category benchmark.
Investment Checklist
2 / 4 checks passed
✗ Positive 3-year track record
✗ Decent risk-adjusted return (Sharpe ≥ 0.5)
✓ Volatility isn't extreme (< 25% annualized)
✓ Historical worst drawdown contained (better than -30%)
NAV history
Key Metrics
Latest NAV
₹12.94
As of
27 Oct 2023
Fund History Available
5.6 yrs
3Y Return (CAGR)
-1.3%
5Y Return (CAGR)
4.3%
Annualized Volatility
0.9%
Relatively stable
Sharpe Ratio (est.)
-9.61
Weak risk-adj. return
Max Drawdown
-0.6%
Contained
Category
Hybrid Scheme - Arbitrage Fund
Fund House
Groww Mutual Fund
Category Peer Comparison
Scheme
1Y Return
DWS Arbitrage Fund - Direct Plan - Growth
—
DSP Arbitrage fund - Direct Plan - Growth
6.5%
HSBC Arbitrage Fund - Direct Plan - Growth
6.6%
BANDHAN Arbitrage Fund - Direct Plan - Growth
6.5%
SIP / Lumpsum Calculator
Total Invested
₹6,00,000
Estimated Maturity Value
₹5,80,009
Estimated Gain
₹-19,991
Risk Flags
Estimated Sharpe ratio (-9.61) is on the low side — returns aren't compensating well for volatility taken over the trailing year.
Watch Items
Check the AMC's factsheet for portfolio holdings, expense ratio and exit load before investing.