A lump-sum investment of ₹10,000 at inception would have risen to ₹29,659 over 11 years — a threefold increase based on the scheme’s reported performance.
The fund has completed 11 years this month and has crossed ₹8,400 crore in assets under management (AUM), marking a notable scale milestone for the equity savings category.
Since inception, the fund has delivered a compounded annual growth rate (CAGR) of 10.3%, outperforming the NIFTY Equity Savings Index TRI, which returned 9.09% during the same period.
Managed by Devender Singhal and Abhishek Bisen, the scheme blends arbitrage opportunities in the cash and derivatives markets with moderate equity exposure to generate returns. Its investment objective is to achieve capital appreciation and income through predominantly low-risk arbitrage positions supported by limited equity participation.
According to the latest portfolio data, the fund’s top holdings included Maruti Suzuki India Ltd. (3.67%), Hero MotoCorp Ltd. (3.24%), State Bank of India (2.5%), Radico Khaitan Ltd. (1.97%), and Poonawalla Fincorp Ltd. (1.85%). Additional key holdings were Bharti Airtel Ltd. (1.68%), PNB Housing Finance Ltd. (1.68%), and Indus Towers Ltd. (1.65%).
Key risk metrics shared by the fund house included a portfolio turnover ratio of 448%, a Sharpe Ratio of 1.02%, and a standard deviation of 5.08%.
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First Published: Nov 17, 2025 3:39 PM IST