Aditya Birla Sun Life Arbitrage Fund vs HDFC Arbitrage Fund
Direct Plan, Growth option · Data as on 30-10-2026
Aditya Birla Sun Life Arbitrage Fund and HDFC Arbitrage Fund are both Arbitrage funds. In the 3 years to 30-10-2026, Aditya Birla Sun Life Arbitrage Fund (Direct) returned 7.4% a year and HDFC Arbitrage Fund (Direct) returned 7.3% a year. Aditya Birla Sun Life Arbitrage Fund charges 1.23% a year and HDFC Arbitrage Fund 1.48% (Direct plans). Their portfolios overlap 47.1%: they hold 151 of the same securities.
Aditya Birla Sun Life Arbitrage Fund
Arbitrage
- 3 year return
- 7.4%
- Expense ratio
- 1.23%
- NAV
- ₹31.18
Which is better, Aditya Birla Sun Life Arbitrage or HDFC Arbitrage? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Aditya Birla Sun Life Arbitrage returned more over 5 years: 6.8% a year against 6.7%.
- Aditya Birla Sun Life Arbitrage returned more over 3 years: 7.4% a year against 7.3%.
- Aditya Birla Sun Life Arbitrage costs less: 1.23% a year against 1.48% (Direct plans).
- Aditya Birla Sun Life Arbitrage swung less over 3 years: a standard deviation of 1.1% a year against 1.1%.
- Aditya Birla Sun Life Arbitrage fell less in its worst fall since 27-03-2014: −0.5% against −0.7%.
- Aditya Birla Sun Life Arbitrage is the larger fund: ₹26,933 Cr against ₹25,407 Cr.
- Their portfolios overlap 47.1%: 151 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Aditya Birla Sun Life Arbitrage Fund | HDFC Arbitrage Fund |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | HDFC Mutual Fund |
| Category | Arbitrage | Arbitrage |
| AUM | ₹26,933 Cr (30-09-2026) | ₹25,407 Cr (30-09-2026) |
| NAV | ₹31.18 (Direct) | ₹21.93 (Direct) |
| Expense ratio (Direct) | 1.23% | 1.48% |
| Expense ratio (Regular) | 1.94% | 2.02% |
| Riskometer | Low | Low |
| Benchmark | Nifty 50 Arbitrage TRI | Nifty 50 Arbitrage TRI |
| Launch date | 24-07-2009 | 23-10-2007 |
| Minimum investment | ₹1,000 | ₹100 |
| Lock in | None | None |
| Fund managers | Lovelish Solanki, Mohit Sharma, Krina Mehta | Nandita Menezes, Arun Agarwal, Anil Bamboli, Gopal Agrawal |
| Exit load | Nil | • In respect of each purchase / switch-in of Units, an Exit load of 0.25% is payable if Units are redeemed / switched-out within 15 days from the date of allotment of units. • No Exit Load is payable if Units are redeemed/switched-out after 15 days from the date of allotment. |
Aditya Birla Sun Life Arbitrage vs HDFC Arbitrage: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Arbitrage Fund (Direct) | +0.50% | +1.55% | +3.30% | +6.75% | +7.40% | +6.85% | +6.38% |
| HDFC Arbitrage Fund (Direct) | +0.55% | +1.55% | +3.25% | +6.66% | +7.26% | +6.73% | +6.13% |
| Arbitrage average | +0.56% | +1.52% | +3.20% | +6.62% | +7.18% | +6.68% | +6.31% |
Category average: the average of the 39 Arbitrage funds, same plan type.
Aditya Birla Sun Life Arbitrage vs HDFC Arbitrage: Year-wise Returns
| Year | Aditya Birla Sun LifeAditya Birla Sun Life Arbitrage | HDFCHDFC Arbitrage |
|---|---|---|
| 2026to date | +5.49% | +5.43% |
| 2025 | +7.20% | +6.93% |
| 2024 | +8.30% | +8.22% |
| 2023 | +7.86% | +7.78% |
| 2022 | +4.80% | +4.73% |
| 2021 | +4.52% | +4.17% |
Aditya Birla Sun Life Arbitrage vs HDFC Arbitrage: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 2,365 of them, one for each trading day from 27-03-2017 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Aditya Birla Sun Life Arbitrage Fund (Direct)
HDFC Arbitrage Fund (Direct)
to
Jan 2018Aug 2016
to
Aug 2019Apr 2018
to
Apr 2021Nov 2019
to
Nov 2022Jul 2021
to
Jul 2024Jan 2023
to
Jan 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Arbitrage | 0.0 | 11.8 | 88.2 | 0.0 | 0.0 | 0.0 | 0.0 | 6.4% | 6.7% | 4.5% | 7.9% |
| HDFC Arbitrage | 0.0 | 16.6 | 83.4 | 0.0 | 0.0 | 0.0 | 0.0 | 6.2% | 6.3% | 4.2% | 7.8% |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. Every fund is measured over the days all of them have, from 27-03-2014. Past returns do not promise future returns.
Aditya Birla Sun Life Arbitrage vs HDFC Arbitrage: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 03-03-2014 to 30-10-2026: 152 instalments, ₹15,20,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Aditya Birla Sun Life ArbitrageAditya Birla Sun Life Arbitrage Fund (Direct) | ₹15,20,000 | ₹23,36,775 | ₹8,16,775 | 6.5% |
| HDFC ArbitrageHDFC Arbitrage Fund (Direct) | ₹15,20,000 | ₹23,04,061 | ₹7,84,061 | 6.3% |
Aditya Birla Sun Life ArbitrageAditya Birla Sun Life Arbitrage Fund (Direct)
HDFC ArbitrageHDFC Arbitrage Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Aditya Birla Sun Life Arbitrage vs HDFC Arbitrage: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Aditya Birla Sun Life Arbitrage Fund (Direct) | HDFC Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.75% | +6.66% |
| Standard deviation | 1.34% | 1.39% |
| Sharpe ratio | 1.13 | 1.01 |
| Sortino ratio | 1.77 | 1.55 |
| Maximum drawdown | −0.5% (06-08-2026) | −0.5% (06-08-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Aditya Birla Sun Life Arbitrage Fund (Direct) | HDFC Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.40% | +7.26% |
| Standard deviation | 1.07% | 1.10% |
| Sharpe ratio | 1.29 | 1.12 |
| Sortino ratio | 2.00 | 1.71 |
| Maximum drawdown | −0.5% (06-08-2026) | −0.5% (06-08-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Aditya Birla Sun Life Arbitrage Fund (Direct) | HDFC Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.85% | +6.73% |
| Standard deviation | 0.99% | 1.01% |
| Sharpe ratio | 1.07 | 0.92 |
| Sortino ratio | 1.64 | 1.39 |
| Maximum drawdown | −0.5% (06-08-2026) | −0.5% (06-08-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Aditya Birla Sun Life Arbitrage Fund (Direct) | HDFC Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.97% | +6.43% |
| Standard deviation | 1.10% | 1.02% |
| Sharpe ratio | 0.84 | 0.60 |
| Sortino ratio | 1.31 | 0.87 |
| Maximum drawdown | −0.5% (25-03-2020) | −0.7% (25-03-2020) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 02-01-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Aditya Birla Sun Life Arbitrage Fund (Direct)
HDFC Arbitrage Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Arbitrage Fund (Direct) | −0.5% | 16-03-2020 | 25-03-2020 | 31-03-2020 | 6 days | 0.0% |
| HDFC Arbitrage Fund (Direct) | −0.7% | 16-03-2020 | 25-03-2020 | 03-04-2020 | 9 days | −0.1% |
From daily values since 27-03-2014, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Aditya Birla Sun Life Arbitrage Fund (Direct)
HDFC Arbitrage Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Aditya Birla Sun Life Arbitrage Fund (Direct)
HDFC Arbitrage Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Aditya Birla Sun Life Arbitrage Fund (Direct)
HDFC Arbitrage Fund (Direct)
Aditya Birla Sun Life Arbitrage vs HDFC Arbitrage: Portfolio Overlap
From each fund's latest monthly portfolio: Aditya Birla Sun Life Arbitrage Fund, September 2026; HDFC Arbitrage Fund, September 2026
Holdings in common
- Overlap
- 47.1%
- Held by both
- 151
- Only in Aditya Birla Sun Life Arbitrage
- 49
- Only in HDFC Arbitrage
- 18
| Security | % of Aditya Birla Sun Life Arbitrage | % of HDFC Arbitrage |
|---|---|---|
| HDFC Bank Ltd. | 3.52% | 5.04% |
| ICICI Bank Ltd. | 3.37% | 5.04% |
| Reliance Industries Ltd. | 2.87% | 3.39% |
| Bharti Airtel Ltd. | 2.38% | 3.31% |
| Axis Bank Ltd. | 2.20% | 2.87% |
| State Bank of India | 1.60% | 2.30% |
| Kotak Mahindra Bank Ltd. | 1.29% | 1.44% |
| Vodafone Idea Ltd. | 2.35% | 1.03% |
| JSW Steel Ltd. | 1.01% | 2.32% |
| Tata Steel Ltd. | 0.83% | 1.55% |
| Indus Towers Ltd. | 1.10% | 0.81% |
| NTPC Ltd. | 1.19% | 0.74% |
| Hindalco Industries Ltd. | 1.18% | 0.73% |
| TVS Motor Company Ltd. | 0.71% | 1.10% |
| Coal India Ltd. | 0.71% | 0.87% |
| NMDC Ltd. | 0.79% | 0.67% |
| Steel Authority of India Ltd. | 1.15% | 0.60% |
| ITC Ltd. | 0.87% | 0.59% |
| Bajaj Finance Ltd. | 0.59% | 1.80% |
| Eicher Motors Ltd. | 0.62% | 0.58% |
| Apollo Hospitals Enterprise Ltd. | 0.56% | 0.59% |
| Interglobe Aviation Ltd. | 0.55% | 0.62% |
| Larsen & Toubro Ltd. | 1.61% | 0.54% |
| Adani Enterprises Ltd. | 0.69% | 0.49% |
| Glenmark Pharmaceuticals Ltd. | 0.49% | 0.46% |
| Maruti Suzuki India Ltd. | 0.73% | 0.42% |
| Kalyan Jewellers India Ltd. | 0.49% | 0.39% |
| Mahindra & Mahindra Ltd. | 0.39% | 0.43% |
| Bharat Electronics Ltd. | 0.39% | 0.46% |
| Canara Bank | 0.38% | 1.52% |
| Info Edge (India) Ltd. | 0.43% | 0.37% |
| LIC Housing Finance Ltd. | 0.36% | 0.48% |
| HDFC Life Insurance Company Ltd. | 0.35% | 0.38% |
| Infosys Ltd. | 0.35% | 0.57% |
| Cholamandalam Investment & Finance Co. Ltd. | 0.34% | 0.62% |
| Aditya Birla Capital Ltd. | 0.40% | 0.33% |
| Indian Oil Corporation Ltd. | 0.31% | 0.48% |
| Jio Financial Services Ltd. | 0.77% | 0.31% |
| Multi Commodity Exchange of India Ltd. | 0.30% | 0.44% |
| Biocon Ltd. | 0.30% | 0.37% |
| Ambuja Cements Ltd. | 0.30% | 0.44% |
| Bank of Baroda | 0.29% | 0.74% |
| Yes Bank Ltd. | 0.54% | 0.29% |
| Hindustan Aeronautics Ltd. | 0.52% | 0.29% |
| Ashok Leyland Ltd. | 0.39% | 0.29% |
| Cummins India Ltd. | 0.38% | 0.29% |
| Power Finance Corporation Ltd. | 0.27% | 0.41% |
| GE Vernova T&D India Ltd. | 0.34% | 0.27% |
| Asian Paints Ltd. | 0.27% | 0.28% |
| Punjab National Bank | 0.26% | 1.27% |
| Godrej Properties Ltd. | 0.26% | 0.26% |
| Titan Company Ltd. | 0.24% | 0.24% |
| APL Apollo Tubes Ltd. | 0.70% | 0.23% |
| Bharat Petroleum Corporation Ltd. | 0.51% | 0.23% |
| Coforge Ltd. | 0.39% | 0.23% |
| Tata Consumer Products Ltd. | 0.23% | 0.49% |
| Bharat Heavy Electricals Ltd. | 0.21% | 0.46% |
| Divi's Laboratories Ltd. | 0.21% | 1.26% |
| Ultratech Cement Ltd. | 0.52% | 0.21% |
| Marico Ltd. | 0.19% | 0.57% |
| Grasim Industries Ltd. | 0.51% | 0.19% |
| Adani Energy Solutions Ltd. | 0.35% | 0.19% |
| Adani Power Ltd. | 0.18% | 0.23% |
| Hindustan Petroleum Corporation Ltd. | 0.18% | 0.32% |
| Alkem Laboratories Ltd. | 0.26% | 0.18% |
| Adani Green Energy Ltd. | 0.19% | 0.18% |
| Bank of India | 0.18% | 0.26% |
| Tata Power Company Ltd. | 0.17% | 0.30% |
| IDFC First Bank Ltd. | 0.17% | 0.95% |
| Aurobindo Pharma Ltd. | 0.65% | 0.17% |
| Eternal Ltd. | 0.26% | 0.17% |
| Varun Beverages Ltd. | 0.17% | 0.56% |
| Torrent Pharmaceuticals Ltd. | 0.39% | 0.16% |
| UPL Ltd. | 0.21% | 0.16% |
| Bajaj Finserv Ltd. | 0.34% | 0.15% |
| Life Insurance Corporation of India | 0.15% | 0.40% |
| Hindustan Unilever Ltd. | 0.14% | 1.43% |
| Indian Energy Exchange Ltd. | 0.14% | 0.26% |
| Lupin Ltd. | 0.14% | 0.15% |
| Samvardhana Motherson International Ltd. | 0.18% | 0.14% |
| Bandhan Bank Ltd. | 0.32% | 0.13% |
| Cipla Ltd. | 0.31% | 0.13% |
| Patanjali Foods Ltd. | 0.17% | 0.13% |
| Radico Khaitan Ltd. | 0.14% | 0.13% |
| Voltas Ltd. | 0.12% | 0.21% |
| Central Depository Services (I) Ltd. | 0.12% | 0.19% |
| The Indian Hotels Company Ltd. | 0.11% | 0.27% |
| The Federal Bank Ltd. | 0.64% | 0.11% |
| Pidilite Industries Ltd. | 0.11% | 0.23% |
| Bajaj Auto Ltd. | 0.10% | 0.18% |
| IndusInd Bank Ltd. | 0.57% | 0.10% |
| Export-Import Bank of India (29/01/2027) | 0.27% | 0.10% |
| One 97 Communications Ltd. | 0.18% | 0.10% |
| Bharat Forge Ltd. | 0.10% | 0.35% |
| Delhivery Ltd. | 0.11% | 0.09% |
| Inox Wind Ltd. | 0.08% | 0.16% |
| PNB Housing Finance Ltd. | 0.38% | 0.08% |
| Shriram Finance Ltd. | 0.29% | 0.08% |
| PG Electroplast Ltd. | 0.20% | 0.08% |
| Max Financial Services Ltd. | 0.11% | 0.08% |
| Tube Investments of India Ltd. | 0.07% | 0.08% |
| Tata Motors Passenger Vehicles Ltd. | 0.07% | 0.36% |
| Oil & Natural Gas Corporation Ltd. | 0.41% | 0.07% |
| Sun Pharmaceutical Industries Ltd. | 0.35% | 0.07% |
| JSW Energy Ltd. | 0.27% | 0.07% |
| Union Bank of India | 0.21% | 0.07% |
| Fortis Healthcare Ltd. | 0.17% | 0.07% |
| Supreme Industries Ltd. | 0.14% | 0.07% |
| GAIL (India) Ltd. | 0.11% | 0.07% |
| AU Small Finance Bank Ltd. | 0.30% | 0.06% |
| Solar Industries India Ltd. | 0.29% | 0.06% |
| SBI Life Insurance Co. Ltd. | 0.22% | 0.06% |
| DLF Ltd. | 0.06% | 0.07% |
| United Spirits Ltd. | 0.44% | 0.05% |
| Muthoot Finance Ltd. | 0.32% | 0.05% |
| National Aluminium Company Ltd. | 0.22% | 0.05% |
| Jindal Steel Ltd. | 0.20% | 0.05% |
| Sagility Ltd. | 0.14% | 0.05% |
| Computer Age Management Services Ltd. | 0.11% | 0.05% |
| Mphasis Ltd. | 0.06% | 0.05% |
| Avenue Supermarts Ltd. | 0.05% | 0.07% |
| CG Power and Industrial Solutions Ltd. | 0.04% | 0.05% |
| Tata Consultancy Services Ltd. | 0.38% | 0.04% |
| Swiggy Ltd. | 0.34% | 0.04% |
| Container Corporation of India Ltd. | 0.22% | 0.04% |
| GMR Airports Ltd. | 0.10% | 0.04% |
| Trent Ltd. | 0.07% | 0.04% |
| Amber Enterprises India Ltd. | 0.05% | 0.04% |
| NBCC (India) Ltd. | 0.19% | 0.03% |
| Nestle India Ltd. | 0.18% | 0.03% |
| BSE Ltd. | 0.15% | 0.03% |
| SRF Ltd. | 0.07% | 0.03% |
| HCL Technologies Ltd. | 0.05% | 0.03% |
| Hindustan Zinc Ltd. | 0.76% | 0.02% |
| PB Fintech Ltd. | 0.64% | 0.02% |
| Manappuram Finance Ltd. | 0.41% | 0.02% |
| Crompton Greaves Consumer Electricals Ltd. | 0.35% | 0.02% |
| Suzlon Energy Ltd. | 0.12% | 0.02% |
| Oil India Ltd. | 0.08% | 0.02% |
| Page Industries Ltd. | 0.02% | 0.02% |
| Dabur India Ltd. | 0.02% | 0.03% |
| Hitachi Energy India Ltd. | 0.41% | 0.01% |
| Adani Ports and Special Economic Zone Ltd. | 0.39% | 0.01% |
| RBL Bank Ltd. | 0.28% | 0.01% |
| Laurus Labs Ltd. | 0.17% | 0.01% |
| Power Grid Corporation of India Ltd. | 0.13% | 0.01% |
| Astral Ltd. | 0.10% | 0.01% |
| Angel One Ltd. | 0.07% | 0.01% |
| Colgate Palmolive (India) Ltd. | 0.04% | 0.01% |
| Motilal Oswal Financial Services Ltd. | 0.02% | 0.01% |
| Polycab India Ltd. | 0.02% | 0.01% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 47.1% means 47.1% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Aditya Birla Sun Life Arbitrage Fund
| Security | % of fund |
|---|---|
| Aditya Birla Sun Life Money Market Fund - Growth - Direct Plan | 10.18% |
| Aditya Birla Sun Life Floating Interest Rate Fund-Direct Plan-Growth | 3.56% |
| Aditya Birla Sun Life Liquid Fund - Growth - Direct Plan | 2.55% |
| HDFC Bank Ltd. (15/02/2027) | 1.45% |
| Small Industries Development Bank of India (28/01/2027) | 1.36% |
Largest holdings only in HDFC Arbitrage Fund
| Security | % of fund |
|---|---|
| HDFC Money Market Fund - Direct Plan - Growth Option | 9.14% |
| Union Bank of India | 3.84% |
| HDFC Liquid Fund - Direct Plan - Growth Option | 3.75% |
| HDFC Ultra Short Term Fund - Direct Plan - Growth Option | 2.85% |
| HDFC Ultra Short to Short Term Fund - Direct Plan - Growth Option | 2.64% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Aditya Birla Sun Life Arbitrage | HDFC Arbitrage |
|---|---|---|
| Equity | 69.3% | 67.5% |
| Debt | 10.5% | 9.0% |
| Cash and others | 20.1% | 23.4% |
Market cap of stocks
| Market cap | Aditya Birla Sun Life Arbitrage | HDFC Arbitrage |
|---|---|---|
| Large Cap | 50.4% | 55.6% |
| Mid Cap | 15.6% | 10.3% |
| Small Cap | 3.4% | 1.7% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Aditya Birla Sun Life Arbitrage | HDFC Arbitrage |
|---|---|---|
| Banks | 16.4% | 22.2% |
| Telecom - Services | 5.8% | 5.2% |
| Finance | 4.5% | 4.3% |
| Ferrous Metals | 3.2% | 4.5% |
| Petroleum Products | 3.9% | 4.4% |
| Pharmaceuticals & Biotechnology | 3.3% | 3.0% |
| Automobiles | 2.6% | 3.1% |
The six largest sectors of each fund's stocks, % of the fund.
Aditya Birla Sun Life Arbitrage vs HDFC Arbitrage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Aditya Birla Sun Life Arbitrage Fund | HDFC Arbitrage Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.23% | 1.48% |
| Base expense ratio (Direct) | 0.27% | 0.34% |
| Total expense ratio (Regular) | 1.94% | 2.02% |
| Base expense ratio (Regular) | 0.88% | 0.80% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Aditya Birla Sun Life Arbitrage with
Aditya Birla Sun Life Arbitrage Fund vs HDFC Arbitrage Fund: Frequently Asked Questions
What is the difference between Aditya Birla Sun Life Arbitrage Fund and HDFC Arbitrage Fund?
Both are Arbitrage funds, run by Aditya Birla Sun Life Mutual Fund and HDFC Mutual Fund. Their portfolios overlap 47.1%. Aditya Birla Sun Life Arbitrage Fund charges 1.23% a year and HDFC Arbitrage Fund 1.48%.
Which has given higher returns, Aditya Birla Sun Life Arbitrage Fund or HDFC Arbitrage Fund?
Over 1 year: Aditya Birla Sun Life Arbitrage Fund +6.75%, HDFC Arbitrage Fund +6.66%. Over 3 years: Aditya Birla Sun Life Arbitrage Fund +7.40% a year, HDFC Arbitrage Fund +7.26% a year. Over 5 years: Aditya Birla Sun Life Arbitrage Fund +6.85% a year, HDFC Arbitrage Fund +6.73% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Aditya Birla Sun Life Arbitrage Fund or HDFC Arbitrage Fund?
Aditya Birla Sun Life Arbitrage Fund charges less: 1.23% a year against 1.48%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Aditya Birla Sun Life Arbitrage Fund and HDFC Arbitrage Fund overlap?
47.1%. They hold 151 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, RELIANCE. From each fund's latest monthly portfolio.
Which is riskier, Aditya Birla Sun Life Arbitrage Fund or HDFC Arbitrage Fund?
On SEBI's riskometer, Aditya Birla Sun Life Arbitrage Fund is rated Low and HDFC Arbitrage Fund Low. Over 3 years, the standard deviation of daily returns was 1.07% and 1.10% a year.
Which is better for SIP, Aditya Birla Sun Life Arbitrage Fund or HDFC Arbitrage Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,33,369 in Aditya Birla Sun Life Arbitrage Fund (XIRR 7.2% a year) and ₹7,30,981 in HDFC Arbitrage Fund (XIRR 7.1% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Aditya Birla Sun Life Arbitrage Fund and HDFC Arbitrage Fund?
Yes. 47.1% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Aditya Birla Sun Life Arbitrage Fund and HDFC Arbitrage Fund?
Aditya Birla Sun Life Arbitrage Fund: Lovelish Solanki, Mohit Sharma, Krina Mehta. HDFC Arbitrage Fund: Nandita Menezes, Arun Agarwal, Anil Bamboli, Gopal Agrawal.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.