Invesco Mutual Fund · Direct Growth · SEBI Category: Arbitrage
Invesco India Arbitrage Fund has one of the longest track records in the arbitrage category — operating since 2006. Managed by Invesco Asset Management India — a subsidiary of Invesco, one of the world's largest independent investment managers with over $1.6 trillion in AUM globally — the fund benefits from both local arbitrage expertise and global operational standards.
The fund has consistently maintained competitive returns in the 7 to 8% range over 3 years with exceptionally low drawdown — a hallmark of well-executed arbitrage strategies. Invesco's global risk management framework ensures disciplined exposure management and high-quality cash equivalent holdings for the non-arbitrage portion of the portfolio.
Kuber Mannadi and Dhimant Kothari co-manage the Invesco India Arbitrage Fund. Kuber Mannadi handles the arbitrage and equity derivative strategies while Dhimant Kothari manages the fixed income sleeve. In arbitrage fund management, the focus is on efficient execution of cash-futures arbitrage positions and conservative management of the debt component to maximise risk-adjusted returns.
For current co-manager details and full biography, refer to the latest Invesco Mutual Fund factsheet on AMFI or the AMC website.
Informational points to help you form your own view — not judgements or recommendations.
Live data. Current fund highlighted. Click any fund name for full analysis.
| Fund | NAV | AAUM | 1Y Return | 3Y CAGR | 5Y CAGR | Sharpe (3Y) |
|---|---|---|---|---|---|---|
| Kotak Arbitrage Fund | ₹42.80 | ₹43.5K Cr Jan–Mar 2026 | +6.6% | +7.7% p.a. | +6.9% p.a. | 1.50 |
| Invesco India Arbitrage Fund ▲ | ₹36.92 | ₹20.4K Cr Jan–Mar 2026 | +6.7% | +7.7% p.a. | +7.0% p.a. | 1.51 |
| ICICI Prudential Equity Arbitrage Fund | ₹39.28 | ₹19.2K Cr Jan–Mar 2026 | +6.5% | +7.5% p.a. | +6.7% p.a. | 1.31 |
| Aditya Birla Sun Life Arbitrage Fund | ₹30.62 | ₹18.3K Cr Jan–Mar 2026 | +6.6% | +7.6% p.a. | +6.7% p.a. | 1.42 |
| Tata Arbitrage Fund | ₹16.17 | ₹15.5K Cr Jan–Mar 2026 | +6.7% | +7.7% p.a. | +6.8% p.a. | 1.57 |
Calculated from 3,329 daily NAV records in RightAdvise DB. Last calculated: Jul 2026.
1M / 3M / 6M / 1Y — simple point-to-point return · 3Y / 5Y / 10Y — CAGR (compounded annual growth rate)
Based on all rolling windows in full NAV history. Dates show the start and end of each period.
Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.
Rolling returns show performance across every possible investment start date — not one cherry-picked number. Learn more →
How much the fund fell from its peak NAV — what investors actually experience during crashes. Calculated from full NAV history.
Calculated from actual NAV data. "Pre-inception" means the fund didn't exist during that period.
Calculated from 3 years of daily NAV — industry standard. Risk-free rate: 6.5% p.a. Last updated: Jul 2026. What do these mean? →
Our portfolio holdings page shows every stock the fund owns, sector allocation, and month-over-month changes — from official AMC disclosures.
See how Invesco India Arbitrage FundOption ranks against other Arbitrage funds on returns, drawdown, Sharpe ratio and AAUM — side by side.
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