MF Gyan
arbitrageLow risk2 year old

Franklin India Arbitrage Fund - Direct Plan - Growth

Profits from small price differences between cash and futures markets. Low risk, modest but tax-efficient returns. From Franklin Templeton Mutual Fund. It's been running since 19 Nov 2024.

This fund is under 3 years old — its short track record makes comparing to peers or judging consistency less reliable.
Latest price per unit
₹11.2855
▼ 0.11% today
As of 4 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.07 L
▲ ₹6.8k gain · 6.8% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹60.0k
Value today₹61.8k
Gain / loss+₹1.8k
XIRR (annualised)6.59%
Looking forward · hypothetical
You would invest₹60.0k
Would become*₹62.2k
Projected gain*+₹2.2k
*at this fund's historical rate of 6.59% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 87 other funds in Hybrid Scheme - Arbitrage Fund

Same plan
1-year return
6.78%median 5.72% (+1.06%)
Rank #9 of 88Beats 89% of peers
Bumpiness (3Y)
1.07%median 1.17% (-0.10%)
Rank #30 of 88Less risky than 65% of peers
Worst-ever drop
-0.44%median -0.82% (+0.38%)
Rank #77 of 88Less risky than 11% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 3 of last 3 years were positive.

+1%
2024
+7%
2025
+5%
2026
Best year
2025 · 7.13%
Worst year
2024 · 0.70%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
1.1%

The value swings roughly 1% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-0.44%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of Franklin India Arbitrage Fund - Direct Plan - Growth against other arbitrage funds.

Technical details (for the pros)
CAGR — 1 year6.78%
CAGR — 3 years—
CAGR — 5 years—
CAGR — since launch6.99%
Volatility — 1 year (annualised)1.22%
Volatility — 3 years (annualised)1.07%
Max drawdown — 1 year-0.44%
Max drawdown — 3 years-0.44%
Sharpe ratio — 1 year (rf=6%)0.59
Sharpe ratio — 3 years (rf=6%)0.82

Fund info

Fund house
Franklin Templeton Mutual Fund
Category
Hybrid Scheme - Arbitrage Fund
Plan
Direct
Option
Growth
ISIN (Growth)
INF090I01XS9
ISIN (Div re-invest)
—
Fund code
153043
First price on record
19 Nov 2024 · 444 daily prices

About Franklin India Arbitrage Fund - Direct Plan - Growth

Franklin India Arbitrage Fund - Direct Plan - Growth is a Hybrid Scheme - Arbitrage Fund offered by Franklin Templeton Mutual Fund under the Direct plan with the Growth option. It has approximately 2 year of NAV track record. The fund falls in the arbitrage category — Profits from small price differences between cash and futures markets. Low risk, modest but tax-efficient returns.

The current NAV of Franklin India Arbitrage Fund - Direct Plan - Growth is ₹11.2855 (as of 4 Sep 2026). Historically, it has delivered 6.78% over the last year. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 1.1% annualised volatility — a "low" level of bumpiness; its deepest peak-to-trough fall on record was 0.4%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of Franklin India Arbitrage Fund - Direct Plan - Growth?+

The latest NAV of Franklin India Arbitrage Fund - Direct Plan - Growth is ₹11.2855 as of 4 Sep 2026, down 0.11% from the previous day. NAV is updated once a business day after the market close.

What are the returns of Franklin India Arbitrage Fund - Direct Plan - Growth?+

Franklin India Arbitrage Fund - Direct Plan - Growth has delivered 1-year return 6.78%, since-inception CAGR 6.99%. Returns are historical and don't predict future performance — markets move in cycles.

What category does Franklin India Arbitrage Fund - Direct Plan - Growth belong to?+

Franklin India Arbitrage Fund - Direct Plan - Growth is categorised as Hybrid Scheme - Arbitrage Fund. Profits from small price differences between cash and futures markets. Low risk, modest but tax-efficient returns.

How risky is Franklin India Arbitrage Fund - Direct Plan - Growth?+

Based on its 3-year annualised volatility of 1.1%, Franklin India Arbitrage Fund - Direct Plan - Growth sits in the "low" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is Franklin India Arbitrage Fund - Direct Plan - Growth a direct plan?+

Franklin India Arbitrage Fund - Direct Plan - Growth is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is Franklin India Arbitrage Fund - Direct Plan - Growth?+

Franklin India Arbitrage Fund - Direct Plan - Growth has NAV history available from 19 Nov 2024 — approximately 2 year of track record and 444 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.