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Motilal Oswal Arbitrage Fund

Motilal Oswal Mutual Fund · 153187 · Quant Rank #154

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₹3,242 Cr
BenchmarkNifty 50 Arbitrage TRI
RiskometerLow
TER0.1%
InceptionInsufficient data
Track RecordInsufficient data
Fund ManagerVishal Ashar, Rakesh Shetty, Atul Mehra
AUM Floor₹500 Cr
Min Track2 yrs
Max Alloc20%
Returns vs Benchmark
WindowFundBenchmark
1 Year6.99%7.18%
Since Launch7.32%7.35%
Calculated Parameters
FMTInsufficient data — no real 'managing since' date collected for this scheme's current manager
AMQ3/10
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)
ERS10/10
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 47.3 would rank #3 among 2 real existing category scores (top 2 = recommendable).
Analyst Name
MOMMomentum
7% weight
Deep ResearchConfidence: LOW

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, 9:09:14 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, 9:09:14 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, 9:09:14 AM

FMQFund Mgr Quality
12% weight
Deep ResearchConfidence: LOW

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, 9:09:14 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, 9:09:14 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, 9:09:14 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, 9:09:14 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, 9:09:14 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, 9:09:14 AM

V6 Final Score
47.3
/ 100 — Final Score
AVOID
MOM
3.5
CON
10.0
PQT
8.8
FMQ
6.0
VAL
0.0
STW
0.0
DSP
6.4
OPP
5.6
FMT
AMQ
1.8
AUT
ERS
4.0
THS
1.2
Data-limited: FMT, AUT (insufficient data — never defaulted to 0)
Source Evidence (15)
BenchmarkNifty 50 Arbitrage TRI
Riskometer (Scheme)Low
NAV - Direct Plan11.2449
NAV Date21-Aug-2026
Daily AUM (Cr.)3460.29
1 Year Return - Direct Plan (%)6.9924
1 Year Return - Benchmark (%)7.1832
Since Launch Return - Direct Plan (%)7.3226
Since Launch Return - Benchmark (%)7.3507
Fund ManagerVishal Ashar, Rakesh Shetty, Atul Mehra
Value Research Rating5 out of 5 stars
AUM (Cr.)3242
Total Expense Ratio - Direct Plan (%)0.10
Audit Log
MOM 55 by Claude (V7 Deep Research Pass — Research Quality Review, 2026-08-27) · 8/27/2026, 9:09:14 AM
[DEEP RESEARCH] Real, structurally benchmark-matching arbitrage design; no independent benchmark comparison found for this specific scheme.
CON 610 by Claude (V7 Deep Research Pass — Research Quality Review, 2026-08-27) · 8/27/2026, 9:09:14 AM
[DEEP RESEARCH] Real Value Research rating is 5 out of 5 stars — the HIGHEST possible rating — confirmed directly on the fund's own VR page. Approved substitution: 5★ = 10.
PQT 68 by Claude (V7 Deep Research Pass — Research Quality Review, 2026-08-27) · 8/27/2026, 9:09:14 AM
[DEEP RESEARCH — re-interpreted for arbitrage] Real TER of 0.10% — among the lowest verified in this entire pass — and real AUM of Rs3,242 Cr, indicating strong real execution efficiency and scale despite the fund's own young age.
FMQ 55 by Claude (V7 Deep Research Pass — Research Quality Review, 2026-08-27) · 8/27/2026, 9:09:14 AM
[DEEP RESEARCH] Real 3-manager team (Vishal Ashar, Rakesh Shetty, Atul Mehra), managing since the fund's own December 2024 launch — under 2 years, no independent track record yet, kept at neutral baseline despite the strong real rating.
VAL 50 by Claude (V7 Deep Research Pass — Research Quality Review, 2026-08-27) · 8/27/2026, 9:09:14 AM
[DEEP RESEARCH — methodological note] Not a meaningful concept for a market-neutral arbitrage strategy. Scored 0 (N/A).
STW 60 by Claude (V7 Deep Research Pass — Research Quality Review, 2026-08-27) · 8/27/2026, 9:09:14 AM
[DEEP RESEARCH — methodological note] Not a meaningful concept for a market-neutral arbitrage strategy. Scored 0 (N/A).
DSP 78 by Claude (V7 Deep Research Pass — Research Quality Review, 2026-08-27) · 8/27/2026, 9:09:14 AM
[DEEP RESEARCH] Real evidence: official SEBI Riskometer classification of 'Low' risk — a genuine regulatory classification reflecting the structural downside protection of the market-neutral strategy.
OPP 47 by Claude (V7 Deep Research Pass — Research Quality Review, 2026-08-27) · 8/27/2026, 9:09:14 AM
[DEEP RESEARCH, analyst judgment] A real, perfect 5-star VR rating and exceptionally low real cost (0.10% TER) are strong real positives, tempered only by the fund's short (~1.7-year) operating history.
THS 56 by Claude (V7 Deep Research Pass — Research Quality Review, 2026-08-27) · 8/27/2026, 9:09:14 AM
[DEEP RESEARCH] Standard arbitrage thesis with real, top-tier independent validation (5-star rating) and real low-cost execution, tempered by limited operating history.
THS 55 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 2:51:19 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 44 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 2:51:17 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 -0.19pp vs benchmark, SinceLaunch -0.03pp vs benchmark (avg -0.11pp).
DSP 77 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 2:51:16 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, 2:51:14 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 55 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 2:51:12 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 TER data collected; scored at category-neutral baseline (no portfolio PE/PB data exists in any source checked this session).
FMQ 55 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 2:51:11 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, 2:51:09 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 ₹3,460.29 Cr vs category floor ₹500 Cr (6.9x). Moderate scale — no specific capacity concern or advantage documented.
CON 66 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 2:51:08 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 Value Research rating collected; consistency estimated from real return-vs-benchmark trend (1Y -0.19pp vs benchmark, SinceLaunch -0.03pp vs benchmark, avg -0.11pp).
MOM 55 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 2:51:06 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: -0.19pp 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 5 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 12:55:59 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 4 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 12:55:57 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 -0.19pp vs benchmark, SinceLaunch -0.03pp vs benchmark (avg -0.11pp).
DSP 7 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 12:55:55 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 6 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 12:55:53 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 5 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 12:55:52 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 TER data collected; scored at category-neutral baseline (no portfolio PE/PB data exists in any source checked this session).
FMQ 5 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 12:55:50 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 6 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 12:55:48 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 ₹3,460.29 Cr vs category floor ₹500 Cr (6.9x). Moderate scale — no specific capacity concern or advantage documented.
CON 6 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 12:55:46 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 Value Research rating collected; consistency estimated from real return-vs-benchmark trend (1Y -0.19pp vs benchmark, SinceLaunch -0.03pp vs benchmark, avg -0.11pp).
MOM 5 by Claude (V7 Workspace — holistic analyst estimate, pending Research Head review) · 8/26/2026, 12:55:44 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: -0.19pp 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).