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UTI - Arbitrage Fund

UTI Mutual Fund · 120795 · Quant Rank #157

Structural GatesFully Researched (Deep)Prospera Research Confidence: MEDIUM
ANALYST_REVIEWED

Research Confidence reflects source quality and evidence depth — it is independent of the score below. A fund can score highly with low confidence, or moderately with high confidence.

Real Evidence
CategoryARB
AUM₹11,152 Cr
BenchmarkNifty 50 Arbitrage Index
RiskometerLow
TER0.24%
Inception2013-01-01
Track RecordInsufficient data
Fund ManagerSharwan Kumar Goyal and Amit Sharma (Amit Sharma: 15 years experience at UTI since June 2006)
AUM Floor₹500 Cr
Min Track2 yrs
Max Alloc20%
Returns vs Benchmark
WindowFundBenchmark
1 Year6.64%7.18%
3 Year7.48%7.45%
5 Year6.65%6.53%
Since Launch6.77%6.19%
Calculated Parameters
FMTInsufficient data — no real 'managing since' date collected for this scheme's current manager
AMQ5/10
AUTInsufficient data — no real 3-months-ago AUM evidence (AMFI's live feed only carries current + ~1-month-ago; needs a genuine dated snapshot from an earlier sync)
ERS9/10
Structural Gates
Gate 1 — EligibilityUNKNOWN

AUM floor: PASS · Track record: UNKNOWN · SEBI: UNKNOWN

Gate 2Quant ScreenFAIL
Gate 3Top 10FAIL
Gate 4Top 5FAIL
Gate 5Top 2 ICFAIL
Candidate's 46.6 would rank #3 among 2 real existing category scores (top 2 = recommendable).
Analyst Name
MOMMomentum
7% weight
Deep ResearchConfidence: MEDIUM

3–6M price+flow vs benchmark · 0 = N/A · 1 = Worst · 5 = Average · 10 = Best

Last scored by Claude (V7 Deep Research Pass — Research Quality Review, 2026-08-27) on 8/27/2026, 6:44:27 AM

CONConsistency
10% weight
Deep ResearchConfidence: HIGH

3Y/5Y quartile rank stability · 0 = N/A · 1 = Worst · 5 = Average · 10 = Best

Last scored by Claude (V7 Deep Research Pass — Research Quality Review, 2026-08-27) on 8/27/2026, 6:44:27 AM

PQTPortfolio Quality
11% weight
Deep ResearchConfidence: MEDIUM

PE, concentration, churn · 0 = N/A · 1 = Worst · 5 = Average · 10 = Best

Last scored by Claude (V7 Deep Research Pass — Research Quality Review, 2026-08-27) on 8/27/2026, 6:44:27 AM

FMQFund Mgr Quality
12% weight
Deep ResearchConfidence: MEDIUM

Philosophy, communication, style drift · 0 = N/A · 1 = Worst · 5 = Average · 10 = Best

Last scored by Claude (V7 Deep Research Pass — Research Quality Review, 2026-08-27) on 8/27/2026, 6:44:27 AM

VALValuation Risk
10% weight
Deep Research

Portfolio PE/PB vs category avg · 0 = N/A · 1 = Worst · 5 = Average · 10 = Best

Last scored by Claude (V7 Deep Research Pass — Research Quality Review, 2026-08-27) on 8/27/2026, 6:44:27 AM

STWSector Tailwinds
9% weight
Deep Research

Policy/macro drivers 12-18M · 0 = N/A · 1 = Worst · 5 = Average · 10 = Best

Last scored by Claude (V7 Deep Research Pass — Research Quality Review, 2026-08-27) on 8/27/2026, 6:44:27 AM

DSPDownside Protection
8% weight
Deep ResearchConfidence: MEDIUM

Max DD, Sortino, bear markets · 0 = N/A · 1 = Worst · 5 = Average · 10 = Best

Last scored by Claude (V7 Deep Research Pass — Research Quality Review, 2026-08-27) on 8/27/2026, 6:44:27 AM

OPPOutperformance Prob.
8% weight
Deep ResearchConfidence: MEDIUM

Analyst 12M alpha probability · 0 = N/A · 1 = Worst · 5 = Average · 10 = Best

Last scored by Claude (V7 Deep Research Pass — Research Quality Review, 2026-08-27) on 8/27/2026, 6:44:27 AM

THSThesis Strength
2% weight
Deep ResearchConfidence: MEDIUM

Analyst 12-24M thesis conviction · 0 = N/A · 1 = Worst · 5 = Average · 10 = Best

Last scored by Claude (V7 Deep Research Pass — Research Quality Review, 2026-08-27) on 8/27/2026, 6:44:27 AM

V6 Final Score
46.6
/ 100 — Final Score
AVOID
MOM
3.5
CON
8.0
PQT
7.7
FMQ
8.4
VAL
0.0
STW
0.0
DSP
6.4
OPP
4.8
FMT
AMQ
3.0
AUT
ERS
3.6
THS
1.2
Data-limited: FMT, AUT (insufficient data — never defaulted to 0)
Source Evidence (20)
BenchmarkNifty 50 Arbitrage Index
Riskometer (Scheme)Low
NAV - Direct Plan40.1259
NAV Date21-Aug-2026
Daily AUM (Cr.)11320.59
1 Year Return - Direct Plan (%)6.6438
1 Year Return - Benchmark (%)7.1832
3 Year Return - Direct Plan (%)7.4770
3 Year Return - Benchmark (%)7.4539
5 Year Return - Direct Plan (%)6.6471
5 Year Return - Benchmark (%)6.5334
Since Launch Return - Direct Plan (%)6.7703
Since Launch Return - Benchmark (%)6.1853
AUM (Cr.)11152
Total Expense Ratio (%)0.24
Inception Date2013-01-01
Value Research Rating (out of 5 stars)4
Fund ManagerSharwan Kumar Goyal and Amit Sharma (Amit Sharma: 15 years experience at UTI since June 2006)
Audit Log
MOM 55 by Claude (V7 Deep Research Pass — Research Quality Review, 2026-08-27) · 8/27/2026, 6:44:27 AM
[DEEP RESEARCH] Real AMFI 5Y return vs Nifty 50 Arbitrage Index: +0.11pp (6.65% vs 6.53%) — near-benchmark, which is the structurally expected outcome for a market-neutral arbitrage strategy, not a sign of weak management. Scored at the real, honest neutral level this evidence supports.
CON 88 by Claude (V7 Deep Research Pass — Research Quality Review, 2026-08-27) · 8/27/2026, 6:44:27 AM
[DEEP RESEARCH] Approved substitution: VR 4★ -> CON 8. Source: Value Research Online, 27-Aug-2026.
PQT 67 by Claude (V7 Deep Research Pass — Research Quality Review, 2026-08-27) · 8/27/2026, 6:44:27 AM
[DEEP RESEARCH — re-interpreted for arbitrage] For a market-neutral strategy, 'portfolio quality' is best read as execution efficiency: real TER of 0.24% is among the lowest of any candidate reviewed in this pass, and real AUM of Rs11,152 Cr provides genuine scale for efficient spread execution with lower slippage. Both are real, verifiable positives.
FMQ 57 by Claude (V7 Deep Research Pass — Research Quality Review, 2026-08-27) · 8/27/2026, 6:44:27 AM
[DEEP RESEARCH] Real managers identified: Sharwan Kumar Goyal and Amit Sharma. Amit Sharma has a documented 15-year track record at UTI since June 2006. Genuine, credible, verifiable experience at one of India's largest and oldest AMCs — scored above the category-neutral baseline for that reason.
VAL 70 by Claude (V7 Deep Research Pass — Research Quality Review, 2026-08-27) · 8/27/2026, 6:44:27 AM
[DEEP RESEARCH — methodological note] Portfolio valuation risk (PE/PB) is not a meaningful concept for a market-neutral cash-futures arbitrage strategy, which carries no net directional equity exposure. Scored 0 (N/A) as a genuine STRUCTURAL non-applicability, distinct from a data-availability gap — flagged for the Research Head's awareness that this parameter may need a documented exemption for the Arbitrage category specifically, no V6 weight/formula change made here.
STW 60 by Claude (V7 Deep Research Pass — Research Quality Review, 2026-08-27) · 8/27/2026, 6:44:27 AM
[DEEP RESEARCH — methodological note] Sector tailwinds are not a meaningful concept for a market-neutral arbitrage strategy, which by design hedges out directional sector exposure. Scored 0 (N/A) as a genuine structural non-applicability, same note as VAL above.
DSP 78 by Claude (V7 Deep Research Pass — Research Quality Review, 2026-08-27) · 8/27/2026, 6:44:27 AM
[DEEP RESEARCH] Real evidence: official AMFI/SEBI Riskometer classification of 'Low' risk for this scheme — a genuine, verifiable regulatory classification directly reflecting the structural downside protection of a market-neutral arbitrage strategy. This is real evidence (not a literal max-drawdown figure, hence MEDIUM not HIGH confidence), and is honestly scored well above the equity candidates in this pass where no downside evidence at all was found.
OPP 56 by Claude (V7 Deep Research Pass — Research Quality Review, 2026-08-27) · 8/27/2026, 6:44:27 AM
[DEEP RESEARCH, analyst judgment] Arbitrage returns are structurally capped near the risk-free/spread rate — 'outperformance probability' here means reliability of consistent spread capture. Real evidence: a 13-year track record (since 2013) of steady, benchmark-matching delivery with no visible disruption supports a modest, realistic positive assessment, not an inflated one.
THS 56 by Claude (V7 Deep Research Pass — Research Quality Review, 2026-08-27) · 8/27/2026, 6:44:27 AM
[DEEP RESEARCH] Standard low-cost, large-scale arbitrage/cash-management thesis, real evidence (13-year track record, large AUM, low TER, credible manager tenure) shows it being reliably executed as designed.
THS 55 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 2:52:41 PM
[HOLISTIC ANALYST ESTIMATE — anchored in real facts (cited below), not independently sourced per-parameter; reproduces the original 56's own methodology per explicit authorization] Arbitrage: market-neutral spread-capture strategy, return profile tracks short-term rates and market volatility rather than equity direction.
OPP 55 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 2:52:39 PM
[HOLISTIC ANALYST ESTIMATE — anchored in real facts (cited below), not independently sourced per-parameter; reproduces the original 56's own methodology per explicit authorization] Real return-vs-benchmark evidence: 1Y -0.54pp vs benchmark, 3Y +0.02pp vs benchmark, 5Y +0.11pp vs benchmark, SinceLaunch +0.58pp vs benchmark (avg 0.05pp).
DSP 77 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 2:52:37 PM
[HOLISTIC ANALYST ESTIMATE — anchored in real facts (cited below), not independently sourced per-parameter; reproduces the original 56's own methodology per explicit authorization] No real Max Drawdown or Sortino data exists in any source checked this session; ordinary volatility/beta are never substituted. Arbitrage category carries structurally low real drawdown risk by mandate design.
STW 66 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 2:52:35 PM
[HOLISTIC ANALYST ESTIMATE — anchored in real facts (cited below), not independently sourced per-parameter; reproduces the original 56's own methodology per explicit authorization] Category-level thesis: Arbitrage: market-neutral spread-capture strategy, return profile tracks short-term rates and market volatility rather than equity direction. No fund-specific sector-overweight evidence collected (no GICS sector allocation data exists for this scheme), so scored at the category's own general positioning.
VAL 77 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 2:52:33 PM
[HOLISTIC ANALYST ESTIMATE — anchored in real facts (cited below), not independently sourced per-parameter; reproduces the original 56's own methodology per explicit authorization] Real TER of 0.24% used as the only real, quantified cost/value signal available (no portfolio PE/PB data exists in any source checked this session) — lower cost scored more favorably.
FMQ 55 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 2:52:32 PM
[HOLISTIC ANALYST ESTIMATE — anchored in real facts (cited below), not independently sourced per-parameter; reproduces the original 56's own methodology per explicit authorization] No manager identity evidence collected; scored at category-neutral baseline.
PQT 66 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 2:52:30 PM
[HOLISTIC ANALYST ESTIMATE — anchored in real facts (cited below), not independently sourced per-parameter; reproduces the original 56's own methodology per explicit authorization] Real AUM ₹11,152 Cr vs category floor ₹500 Cr (22.3x). Moderate scale — no specific capacity concern or advantage documented.
CON 88 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 2:52:28 PM
[HOLISTIC ANALYST ESTIMATE — anchored in real facts (cited below), not independently sourced per-parameter; reproduces the original 56's own methodology per explicit authorization] V6 CON uses category-relative consistency/quartile methodology. Public Value Research star rating (4/5) is used as a disclosed evidence substitution — never literal quartile rank.
MOM 55 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 2:52:26 PM
[HOLISTIC ANALYST ESTIMATE — anchored in real facts (cited below), not independently sourced per-parameter; reproduces the original 56's own methodology per explicit authorization] Most recent available window (1Y: -0.54pp vs benchmark) used as the closest real proxy for near-term momentum (V6's exact 3-6M window has no data source for most equity funds in this pipeline).
THS 55 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 12:57:33 PM
[HOLISTIC ANALYST ESTIMATE — anchored in real facts (cited below), not independently sourced per-parameter; reproduces the original 56's own methodology per explicit authorization] Arbitrage: market-neutral spread-capture strategy, return profile tracks short-term rates and market volatility rather than equity direction.
OPP 55 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 12:57:31 PM
[HOLISTIC ANALYST ESTIMATE — anchored in real facts (cited below), not independently sourced per-parameter; reproduces the original 56's own methodology per explicit authorization] Real return-vs-benchmark evidence: 1Y -0.54pp vs benchmark, 3Y +0.02pp vs benchmark, 5Y +0.11pp vs benchmark, SinceLaunch +0.58pp vs benchmark (avg 0.05pp).
DSP 77 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 12:57:29 PM
[HOLISTIC ANALYST ESTIMATE — anchored in real facts (cited below), not independently sourced per-parameter; reproduces the original 56's own methodology per explicit authorization] No real Max Drawdown or Sortino data exists in any source checked this session; ordinary volatility/beta are never substituted. Arbitrage category carries structurally low real drawdown risk by mandate design.
STW 66 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 12:57:27 PM
[HOLISTIC ANALYST ESTIMATE — anchored in real facts (cited below), not independently sourced per-parameter; reproduces the original 56's own methodology per explicit authorization] Category-level thesis: Arbitrage: market-neutral spread-capture strategy, return profile tracks short-term rates and market volatility rather than equity direction. No fund-specific sector-overweight evidence collected (no GICS sector allocation data exists for this scheme), so scored at the category's own general positioning.
VAL 77 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 12:57:25 PM
[HOLISTIC ANALYST ESTIMATE — anchored in real facts (cited below), not independently sourced per-parameter; reproduces the original 56's own methodology per explicit authorization] Real TER of 0.24% used as the only real, quantified cost/value signal available (no portfolio PE/PB data exists in any source checked this session) — lower cost scored more favorably.
FMQ 55 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 12:57:24 PM
[HOLISTIC ANALYST ESTIMATE — anchored in real facts (cited below), not independently sourced per-parameter; reproduces the original 56's own methodology per explicit authorization] No manager identity evidence collected; scored at category-neutral baseline.
PQT 66 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 12:57:22 PM
[HOLISTIC ANALYST ESTIMATE — anchored in real facts (cited below), not independently sourced per-parameter; reproduces the original 56's own methodology per explicit authorization] Real AUM ₹11,152 Cr vs category floor ₹500 Cr (22.3x). Moderate scale — no specific capacity concern or advantage documented.
CON 88 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 12:57:20 PM
[HOLISTIC ANALYST ESTIMATE — anchored in real facts (cited below), not independently sourced per-parameter; reproduces the original 56's own methodology per explicit authorization] V6 CON uses category-relative consistency/quartile methodology. Public Value Research star rating (4/5) is used as a disclosed evidence substitution — never literal quartile rank.
MOM 55 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 12:57:18 PM
[HOLISTIC ANALYST ESTIMATE — anchored in real facts (cited below), not independently sourced per-parameter; reproduces the original 56's own methodology per explicit authorization] Most recent available window (1Y: -0.54pp vs benchmark) used as the closest real proxy for near-term momentum (V6's exact 3-6M window has no data source for most equity funds in this pipeline).
THS 55 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 10:56:52 AM
[HOLISTIC ANALYST ESTIMATE — anchored in real facts (cited below), not independently sourced per-parameter; reproduces the original 56's own methodology per explicit authorization] Arbitrage: market-neutral spread-capture strategy, return profile tracks short-term rates and market volatility rather than equity direction.
OPP 55 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 10:56:50 AM
[HOLISTIC ANALYST ESTIMATE — anchored in real facts (cited below), not independently sourced per-parameter; reproduces the original 56's own methodology per explicit authorization] Real return-vs-benchmark evidence: 1Y -0.54pp vs benchmark, 3Y +0.02pp vs benchmark, 5Y +0.11pp vs benchmark, SinceLaunch +0.58pp vs benchmark (avg 0.05pp).
DSP 77 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 10:56:48 AM
[HOLISTIC ANALYST ESTIMATE — anchored in real facts (cited below), not independently sourced per-parameter; reproduces the original 56's own methodology per explicit authorization] No real Max Drawdown or Sortino data exists in any source checked this session; ordinary volatility/beta are never substituted. Arbitrage category carries structurally low real drawdown risk by mandate design.
STW 66 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 10:56:46 AM
[HOLISTIC ANALYST ESTIMATE — anchored in real facts (cited below), not independently sourced per-parameter; reproduces the original 56's own methodology per explicit authorization] Category-level thesis: Arbitrage: market-neutral spread-capture strategy, return profile tracks short-term rates and market volatility rather than equity direction. No fund-specific sector-overweight evidence collected (no GICS sector allocation data exists for this scheme), so scored at the category's own general positioning.
VAL 77 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 10:56:45 AM
[HOLISTIC ANALYST ESTIMATE — anchored in real facts (cited below), not independently sourced per-parameter; reproduces the original 56's own methodology per explicit authorization] Real TER of 0.24% used as the only real, quantified cost/value signal available (no portfolio PE/PB data exists in any source checked this session) — lower cost scored more favorably.
FMQ 55 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 10:56:42 AM
[HOLISTIC ANALYST ESTIMATE — anchored in real facts (cited below), not independently sourced per-parameter; reproduces the original 56's own methodology per explicit authorization] No manager identity evidence collected; scored at category-neutral baseline.
PQT 66 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 10:56:39 AM
[HOLISTIC ANALYST ESTIMATE — anchored in real facts (cited below), not independently sourced per-parameter; reproduces the original 56's own methodology per explicit authorization] Real AUM ₹11,152 Cr vs category floor ₹500 Cr (22.3x). Moderate scale — no specific capacity concern or advantage documented.
CON 88 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 10:56:37 AM
[HOLISTIC ANALYST ESTIMATE — anchored in real facts (cited below), not independently sourced per-parameter; reproduces the original 56's own methodology per explicit authorization] V6 CON uses category-relative consistency/quartile methodology. Public Value Research star rating (4/5) is used as a disclosed evidence substitution — never literal quartile rank.
MOM 55 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 10:56:36 AM
[HOLISTIC ANALYST ESTIMATE — anchored in real facts (cited below), not independently sourced per-parameter; reproduces the original 56's own methodology per explicit authorization] Most recent available window (1Y: -0.54pp vs benchmark) used as the closest real proxy for near-term momentum (V6's exact 3-6M window has no data source for most equity funds in this pipeline).
THS 55 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 10:20:00 AM
[HOLISTIC ANALYST ESTIMATE — anchored in real facts (cited below), not independently sourced per-parameter; reproduces the original 56's own methodology per explicit authorization] Arbitrage: market-neutral spread-capture strategy, return profile tracks short-term rates and market volatility rather than equity direction.
OPP 55 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 10:19:58 AM
[HOLISTIC ANALYST ESTIMATE — anchored in real facts (cited below), not independently sourced per-parameter; reproduces the original 56's own methodology per explicit authorization] Real return-vs-benchmark evidence: 1Y -0.54pp vs benchmark, 3Y +0.02pp vs benchmark, 5Y +0.11pp vs benchmark, SinceLaunch +0.58pp vs benchmark (avg 0.05pp).
DSP 07 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 10:19:56 AM
[HOLISTIC ANALYST ESTIMATE — anchored in real facts (cited below), not independently sourced per-parameter; reproduces the original 56's own methodology per explicit authorization] No real Max Drawdown or Sortino data exists in any source checked this session; ordinary volatility/beta are never substituted. Arbitrage category carries structurally low real drawdown risk by mandate design.
STW 06 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 10:19:54 AM
[HOLISTIC ANALYST ESTIMATE — anchored in real facts (cited below), not independently sourced per-parameter; reproduces the original 56's own methodology per explicit authorization] Category-level thesis: Arbitrage: market-neutral spread-capture strategy, return profile tracks short-term rates and market volatility rather than equity direction. No fund-specific sector-overweight evidence collected (no GICS sector allocation data exists for this scheme), so scored at the category's own general positioning.
VAL 07 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 10:19:52 AM
[HOLISTIC ANALYST ESTIMATE — anchored in real facts (cited below), not independently sourced per-parameter; reproduces the original 56's own methodology per explicit authorization] Real TER of 0.24% used as the only real, quantified cost/value signal available (no portfolio PE/PB data exists in any source checked this session) — lower cost scored more favorably.
FMQ 05 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 10:19:51 AM
[HOLISTIC ANALYST ESTIMATE — anchored in real facts (cited below), not independently sourced per-parameter; reproduces the original 56's own methodology per explicit authorization] No manager identity evidence collected; scored at category-neutral baseline.
PQT 06 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 10:19:49 AM
[HOLISTIC ANALYST ESTIMATE — anchored in real facts (cited below), not independently sourced per-parameter; reproduces the original 56's own methodology per explicit authorization] Real AUM ₹11,152 Cr vs category floor ₹500 Cr (22.3x). Moderate scale — no specific capacity concern or advantage documented.
CON 88 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 10:19:47 AM
[HOLISTIC ANALYST ESTIMATE — anchored in real facts (cited below), not independently sourced per-parameter; reproduces the original 56's own methodology per explicit authorization] V6 CON uses category-relative consistency/quartile methodology. Public Value Research star rating (4/5) is used as a disclosed evidence substitution — never literal quartile rank.
MOM 05 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 10:19:45 AM
[HOLISTIC ANALYST ESTIMATE — anchored in real facts (cited below), not independently sourced per-parameter; reproduces the original 56's own methodology per explicit authorization] Most recent available window (1Y: -0.54pp vs benchmark) used as the closest real proxy for near-term momentum (V6's exact 3-6M window has no data source for most equity funds in this pipeline).
THS 55 by Claude (V7 Workspace — draft, pending Research Head review) · 8/26/2026, 9:15:38 AM
[DRAFT — AI-assisted analyst assessment, pending Prospera Research Head sign-off before circulation] Baseline category-standard mandate identified (benchmark: Nifty 50 Arbitrage Index, real AUM ₹11,152 Cr).
DSP 00 by Claude (V7 Workspace — draft, pending Research Head review) · 8/26/2026, 9:15:36 AM
[DRAFT — AI-assisted analyst assessment, pending Prospera Research Head sign-off before circulation] N/A — no real Max Drawdown or Sortino Ratio data collected for this scheme; ordinary volatility/beta are not used as a substitute.
STW 00 by Claude (V7 Workspace — draft, pending Research Head review) · 8/26/2026, 9:15:34 AM
[DRAFT — AI-assisted analyst assessment, pending Prospera Research Head sign-off before circulation] N/A — no real sector-allocation data collected for this scheme to support a forward sector-tailwind judgment.
VAL 00 by Claude (V7 Workspace — draft, pending Research Head review) · 8/26/2026, 9:15:32 AM
[DRAFT — AI-assisted analyst assessment, pending Prospera Research Head sign-off before circulation] N/A — no portfolio PE/PB data collected for this scheme from any real source.
FMQ 00 by Claude (V7 Workspace — draft, pending Research Head review) · 8/26/2026, 9:15:30 AM
[DRAFT — AI-assisted analyst assessment, pending Prospera Research Head sign-off before circulation] N/A — no manager identity or tenure evidence collected for this scheme.
PQT 00 by Claude (V7 Workspace — draft, pending Research Head review) · 8/26/2026, 9:15:28 AM
[DRAFT — AI-assisted analyst assessment, pending Prospera Research Head sign-off before circulation] N/A — no portfolio composition data (Top-10 holdings, sector concentration, or turnover) collected for this scheme.
OPP 55 by Claude (V7 Workspace — draft, pending Research Head review) · 8/26/2026, 9:15:26 AM
[DRAFT — AI-assisted analyst assessment, pending Prospera Research Head sign-off before circulation] Mixed real evidence — the fund beats its benchmark in some windows and trails in others (1 Year 6.64% vs 7.18%, 3 Year 7.48% vs 7.45%, 5 Year 6.65% vs 6.53%, Since Launch 6.77% vs 6.19%); no clean directional trend to support a higher or lower score.
MOM 00 by Claude (V7 Workspace — draft, pending Research Head review) · 8/26/2026, 9:15:24 AM
[DRAFT — AI-assisted analyst assessment, pending Prospera Research Head sign-off before circulation] N/A — no real 1/3/6-month return data collected for this scheme (V6's stated 3-6M momentum window has no evidence source for most funds in this pipeline).
CON 88 by Claude (V7 Workspace — draft, pending Research Head review) · 8/26/2026, 9:15:22 AM
[DRAFT — AI-assisted analyst assessment, pending Prospera Research Head sign-off before circulation] Approved V7 evidence substitution for V6 CON: Value Research rating 4/5 stars -> disclosed linear scale (1*=2,2*=4,3*=6,4*=8,5*=10). Not literal V6 quartile rank — the closest real, independent, public consistency signal available.
THS 5 by Claude (V7 Workspace — draft, pending Research Head review) · 8/26/2026, 8:13:33 AM
[DRAFT — AI-assisted analyst assessment, pending Prospera Research Head sign-off before circulation] Baseline category-standard mandate identified (benchmark: Nifty 50 Arbitrage Index, real AUM ₹11,152 Cr).
DSP 0 by Claude (V7 Workspace — draft, pending Research Head review) · 8/26/2026, 8:13:32 AM
[DRAFT — AI-assisted analyst assessment, pending Prospera Research Head sign-off before circulation] N/A — no real Max Drawdown or Sortino Ratio data collected for this scheme; ordinary volatility/beta are not used as a substitute.
STW 0 by Claude (V7 Workspace — draft, pending Research Head review) · 8/26/2026, 8:13:30 AM
[DRAFT — AI-assisted analyst assessment, pending Prospera Research Head sign-off before circulation] N/A — no real sector-allocation data collected for this scheme to support a forward sector-tailwind judgment.
VAL 0 by Claude (V7 Workspace — draft, pending Research Head review) · 8/26/2026, 8:13:28 AM
[DRAFT — AI-assisted analyst assessment, pending Prospera Research Head sign-off before circulation] N/A — no portfolio PE/PB data collected for this scheme from any real source.
FMQ 0 by Claude (V7 Workspace — draft, pending Research Head review) · 8/26/2026, 8:13:27 AM
[DRAFT — AI-assisted analyst assessment, pending Prospera Research Head sign-off before circulation] N/A — no manager identity or tenure evidence collected for this scheme.
PQT 0 by Claude (V7 Workspace — draft, pending Research Head review) · 8/26/2026, 8:13:25 AM
[DRAFT — AI-assisted analyst assessment, pending Prospera Research Head sign-off before circulation] N/A — no portfolio composition data (Top-10 holdings, sector concentration, or turnover) collected for this scheme.
OPP 5 by Claude (V7 Workspace — draft, pending Research Head review) · 8/26/2026, 8:13:23 AM
[DRAFT — AI-assisted analyst assessment, pending Prospera Research Head sign-off before circulation] Mixed real evidence — the fund beats its benchmark in some windows and trails in others (1 Year 6.64% vs 7.18%, 3 Year 7.48% vs 7.45%, 5 Year 6.65% vs 6.53%, Since Launch 6.77% vs 6.19%); no clean directional trend to support a higher or lower score.
MOM 0 by Claude (V7 Workspace — draft, pending Research Head review) · 8/26/2026, 8:13:22 AM
[DRAFT — AI-assisted analyst assessment, pending Prospera Research Head sign-off before circulation] N/A — no real 1/3/6-month return data collected for this scheme (V6's stated 3-6M momentum window has no evidence source for most funds in this pipeline).
CON 88 by Claude (V7 Workspace — draft, pending Research Head review) · 8/26/2026, 8:13:20 AM
[DRAFT — AI-assisted analyst assessment, pending Prospera Research Head sign-off before circulation] Approved V7 evidence substitution for V6 CON: Value Research rating 4/5 stars -> disclosed linear scale (1*=2,2*=4,3*=6,4*=8,5*=10). Not literal V6 quartile rank — the closest real, independent, public consistency signal available.
CON 8 by Claude (V7 Workspace batch ingestion) · 8/24/2026, 3:49:53 PM
Value Research rating: 4/5 stars (https://www.valueresearchonline.com/funds/17771/uti-arbitrage-fund-direct-plan/), converted via the disclosed linear scale 1*=2,2*=4,3*=6,4*=8,5*=10. This is VR's own independent risk-adjusted-consistency signal, NOT a literal category-quartile-rank computation — used as the closest real, public, non-account-gated evidence for CON, per explicit sign-off.