Aditya Birla Sun Life Arbitrage Fund vs Mirae Asset Arbitrage Fund
Direct Plan, Growth option · Data as on 30-10-2026
Aditya Birla Sun Life Arbitrage Fund and Mirae Asset 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 Mirae Asset Arbitrage Fund (Direct) returned 7.3% a year. Aditya Birla Sun Life Arbitrage Fund charges 1.23% a year and Mirae Asset Arbitrage Fund 2.48% (Direct plans). Their portfolios overlap 42.2%: they hold 169 of the same securities.
Aditya Birla Sun Life Arbitrage Fund
Arbitrage
- 3 year return
- 7.4%
- Expense ratio
- 1.23%
- NAV
- ₹31.18
Mirae Asset Arbitrage Fund
Arbitrage
- 3 year return
- 7.3%
- Expense ratio
- 2.48%
- NAV
- ₹14.71
Which is better, Aditya Birla Sun Life Arbitrage or Mirae Asset 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 6.8%.
- 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 2.48% (Direct plans).
- Aditya Birla Sun Life Arbitrage swung less over 3 years: a standard deviation of 1.1% a year against 1.2%.
- Mirae Asset Arbitrage fell less in its worst fall since 22-06-2020: −0.4% against −0.5%.
- Aditya Birla Sun Life Arbitrage holds more in large companies: 50.4% of the fund in large caps against 37.6%.
- Aditya Birla Sun Life Arbitrage is the larger fund: ₹26,933 Cr against ₹3,571 Cr.
- Their portfolios overlap 42.2%: 169 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 | Mirae Asset Arbitrage Fund |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | Mirae Asset Mutual Fund |
| Category | Arbitrage | Arbitrage |
| AUM | ₹26,933 Cr (30-09-2026) | ₹3,571 Cr (30-09-2026) |
| NAV | ₹31.18 (Direct) | ₹14.71 (Direct) |
| Expense ratio (Direct) | 1.23% | 2.48% |
| Expense ratio (Regular) | 1.94% | 3.25% |
| Riskometer | Low | Low |
| Benchmark | Nifty 50 Arbitrage TRI | Nifty 50 Arbitrage Index |
| Launch date | 24-07-2009 | 19-06-2020 |
| Minimum investment | ₹1,000 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Lovelish Solanki, Mohit Sharma, Krina Mehta | Jignesh Rao, Jigar Sethia, Pranavi Kulkarni |
| Exit load | Nil | Exit Load : 0.25% If Redeemed or Switched Out within 15 days from the date of allotment. Nil after 15 Days. |
Aditya Birla Sun Life Arbitrage vs Mirae Asset 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% |
| Mirae Asset Arbitrage Fund (Direct) | +0.62% | +1.57% | +3.33% | +6.73% | +7.35% | +6.82% | -- |
| Arbitrage average | +0.56% | +1.52% | +3.20% | +6.62% | +7.18% | +6.68% | -- |
Category average: the average of the 39 Arbitrage funds, same plan type.
Aditya Birla Sun Life Arbitrage vs Mirae Asset Arbitrage: Year-wise Returns
| Year | Aditya Birla Sun LifeAditya Birla Sun Life Arbitrage | Mirae AssetMirae Asset Arbitrage |
|---|---|---|
| 2026to date | +5.49% | +5.52% |
| 2025 | +7.20% | +6.99% |
| 2024 | +8.30% | +8.36% |
| 2023 | +7.86% | +7.82% |
| 2022 | +4.80% | +4.84% |
| 2021 | +4.52% | +4.19% |
Aditya Birla Sun Life Arbitrage vs Mirae Asset Arbitrage: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 826 of them, one for each trading day from 22-06-2023 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)
Mirae Asset Arbitrage Fund (Direct)
to
Sept 2023Apr 2021
to
Apr 2024Nov 2021
to
Nov 2024Jun 2022
to
Jun 2025Jan 2023
to
Jan 2026Jul 2023
to
Jul 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 | 0.7 | 99.3 | 0.0 | 0.0 | 0.0 | 0.0 | 6.9% | 7.1% | 4.9% | 7.9% |
| Mirae Asset Arbitrage | 0.0 | 1.3 | 98.7 | 0.0 | 0.0 | 0.0 | 0.0 | 6.8% | 7.1% | 4.9% | 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 22-06-2020. Past returns do not promise future returns.
Aditya Birla Sun Life Arbitrage vs Mirae Asset 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 01-06-2020 to 30-10-2026: 77 instalments, ₹7,70,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Aditya Birla Sun Life ArbitrageAditya Birla Sun Life Arbitrage Fund (Direct) | ₹7,70,000 | ₹9,64,208 | ₹1,94,208 | 6.9% |
| Mirae Asset ArbitrageMirae Asset Arbitrage Fund (Direct) | ₹7,70,000 | ₹9,62,712 | ₹1,92,712 | 6.9% |
Aditya Birla Sun Life ArbitrageAditya Birla Sun Life Arbitrage Fund (Direct)
Mirae Asset ArbitrageMirae Asset 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 Mirae Asset 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) | Mirae Asset Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.75% | +6.73% |
| Standard deviation | 1.34% | 1.45% |
| Sharpe ratio | 1.13 | 1.02 |
| Sortino ratio | 1.77 | 1.53 |
| Maximum drawdown | −0.5% (06-08-2026) | −0.4% (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) | Mirae Asset Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.40% | +7.35% |
| Standard deviation | 1.07% | 1.16% |
| Sharpe ratio | 1.29 | 1.14 |
| Sortino ratio | 2.00 | 1.73 |
| Maximum drawdown | −0.5% (06-08-2026) | −0.4% (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) | Mirae Asset Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.85% | +6.82% |
| Standard deviation | 0.99% | 1.06% |
| Sharpe ratio | 1.07 | 0.96 |
| Sortino ratio | 1.64 | 1.46 |
| Maximum drawdown | −0.5% (06-08-2026) | −0.4% (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) | Mirae Asset Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.97% | +6.25% |
| Standard deviation | 1.10% | 1.03% |
| Sharpe ratio | 0.84 | 0.99 |
| Sortino ratio | 1.31 | 1.49 |
| Maximum drawdown | −0.5% (25-03-2020) | −0.4% (06-08-2026) |
| 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)
Mirae Asset 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% | 03-08-2026 | 06-08-2026 | 31-08-2026 | 25 days | 0.0% |
| Mirae Asset Arbitrage Fund (Direct) | −0.4% | 03-08-2026 | 06-08-2026 | 31-08-2026 | 25 days | −0.0% |
From daily values since 22-06-2020, 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)
Mirae Asset 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)
Mirae Asset 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)
Mirae Asset Arbitrage Fund (Direct)
Aditya Birla Sun Life Arbitrage vs Mirae Asset Arbitrage: Portfolio Overlap
From each fund's latest monthly portfolio: Aditya Birla Sun Life Arbitrage Fund, September 2026; Mirae Asset Arbitrage Fund, September 2026
Holdings in common
- Overlap
- 42.2%
- Held by both
- 169
- Only in Aditya Birla Sun Life Arbitrage
- 31
- Only in Mirae Asset Arbitrage
- 27
| Security | % of Aditya Birla Sun Life Arbitrage | % of Mirae Asset Arbitrage |
|---|---|---|
| Larsen & Toubro Ltd. | 1.61% | 1.78% |
| Reliance Industries Ltd. | 2.87% | 0.83% |
| Maruti Suzuki India Ltd. | 0.73% | 0.74% |
| ICICI Bank Ltd. | 3.37% | 0.71% |
| Vedanta Ltd. | 1.08% | 0.71% |
| APL Apollo Tubes Ltd. | 0.70% | 0.92% |
| State Bank of India | 1.60% | 0.66% |
| Aurobindo Pharma Ltd. | 0.65% | 0.67% |
| TVS Motor Company Ltd. | 0.71% | 0.62% |
| Axis Bank Ltd. | 2.20% | 0.60% |
| Bajaj Finance Ltd. | 0.59% | 0.56% |
| NMDC Ltd. | 0.79% | 0.55% |
| Interglobe Aviation Ltd. | 0.55% | 0.61% |
| Bharti Airtel Ltd. | 2.38% | 0.54% |
| JSW Steel Ltd. | 1.01% | 0.53% |
| The Federal Bank Ltd. | 0.64% | 0.53% |
| Tata Steel Ltd. | 0.83% | 0.52% |
| Grasim Industries Ltd. | 0.51% | 0.74% |
| Bharat Petroleum Corporation Ltd. | 0.51% | 0.63% |
| Kalyan Jewellers India Ltd. | 0.49% | 0.75% |
| Ultratech Cement Ltd. | 0.52% | 0.49% |
| Coal India Ltd. | 0.71% | 0.48% |
| HDFC Bank Ltd. | 3.52% | 0.46% |
| Glenmark Pharmaceuticals Ltd. | 0.49% | 0.46% |
| IndusInd Bank Ltd. | 0.57% | 0.45% |
| NTPC Ltd. | 1.19% | 0.45% |
| Info Edge (India) Ltd. | 0.43% | 0.64% |
| Vodafone Idea Ltd. | 2.35% | 0.43% |
| ITC Ltd. | 0.87% | 0.41% |
| Oil & Natural Gas Corporation Ltd. | 0.41% | 0.41% |
| Hitachi Energy India Ltd. | 0.41% | 0.40% |
| Coforge Ltd. | 0.39% | 0.41% |
| Eicher Motors Ltd. | 0.62% | 0.39% |
| Ashok Leyland Ltd. | 0.39% | 0.59% |
| Mahindra & Mahindra Ltd. | 0.39% | 0.55% |
| Canara Bank | 0.38% | 0.40% |
| Cummins India Ltd. | 0.38% | 0.72% |
| Tata Consultancy Services Ltd. | 0.38% | 0.84% |
| Adani Enterprises Ltd. | 0.69% | 0.36% |
| LIC Housing Finance Ltd. | 0.36% | 0.73% |
| PB Fintech Ltd. | 0.64% | 0.36% |
| Adani Energy Solutions Ltd. | 0.35% | 0.37% |
| Sun Pharmaceutical Industries Ltd. | 0.35% | 0.55% |
| Apollo Hospitals Enterprise Ltd. | 0.56% | 0.35% |
| Infosys Ltd. | 0.35% | 0.90% |
| PNB Housing Finance Ltd. | 0.38% | 0.35% |
| Hindalco Industries Ltd. | 1.18% | 0.34% |
| Swiggy Ltd. | 0.34% | 0.40% |
| Cholamandalam Investment & Finance Co. Ltd. | 0.34% | 0.34% |
| Adani Ports and Special Economic Zone Ltd. | 0.39% | 0.34% |
| Aditya Birla Capital Ltd. | 0.40% | 0.33% |
| Bandhan Bank Ltd. | 0.32% | 0.43% |
| Muthoot Finance Ltd. | 0.32% | 0.45% |
| Indus Towers Ltd. | 1.10% | 0.31% |
| Bajaj Finserv Ltd. | 0.34% | 0.31% |
| Multi Commodity Exchange of India Ltd. | 0.30% | 0.74% |
| HDFC Life Insurance Company Ltd. | 0.35% | 0.30% |
| Biocon Ltd. | 0.30% | 0.42% |
| Hindustan Zinc Ltd. | 0.76% | 0.30% |
| Bank of Baroda | 0.29% | 0.39% |
| AU Small Finance Bank Ltd. | 0.30% | 0.28% |
| GE Vernova T&D India Ltd. | 0.34% | 0.28% |
| Indian Oil Corporation Ltd. | 0.31% | 0.28% |
| Jio Financial Services Ltd. | 0.77% | 0.28% |
| JSW Energy Ltd. | 0.27% | 0.43% |
| Torrent Pharmaceuticals Ltd. | 0.39% | 0.27% |
| Asian Paints Ltd. | 0.27% | 0.43% |
| Punjab National Bank | 0.26% | 0.34% |
| United Spirits Ltd. | 0.44% | 0.26% |
| Godrej Properties Ltd. | 0.26% | 0.53% |
| Eternal Ltd. | 0.26% | 0.26% |
| Alkem Laboratories Ltd. | 0.26% | 0.36% |
| Ambuja Cements Ltd. | 0.30% | 0.25% |
| Crompton Greaves Consumer Electricals Ltd. | 0.35% | 0.25% |
| Power Finance Corporation Ltd. | 0.27% | 0.24% |
| Titan Company Ltd. | 0.24% | 0.54% |
| Tata Consumer Products Ltd. | 0.23% | 0.37% |
| SBI Life Insurance Co. Ltd. | 0.22% | 0.40% |
| Yes Bank Ltd. | 0.54% | 0.22% |
| National Aluminium Company Ltd. | 0.22% | 0.43% |
| HDFC Asset Management Co. Ltd. | 0.22% | 0.37% |
| Container Corporation of India Ltd. | 0.22% | 0.21% |
| Divi's Laboratories Ltd. | 0.21% | 0.61% |
| Union Bank of India | 0.21% | 0.25% |
| UPL Ltd. | 0.21% | 0.30% |
| PG Electroplast Ltd. | 0.20% | 0.56% |
| Marico Ltd. | 0.19% | 0.40% |
| Adani Green Energy Ltd. | 0.19% | 0.38% |
| Samvardhana Motherson International Ltd. | 0.18% | 0.32% |
| One 97 Communications Ltd. | 0.18% | 0.45% |
| Adani Power Ltd. | 0.18% | 0.24% |
| Hindustan Petroleum Corporation Ltd. | 0.18% | 0.38% |
| Bank of India | 0.18% | 0.20% |
| Nestle India Ltd. | 0.18% | 0.34% |
| Patanjali Foods Ltd. | 0.17% | 0.68% |
| Tata Power Company Ltd. | 0.17% | 0.18% |
| Laurus Labs Ltd. | 0.17% | 0.44% |
| Fortis Healthcare Ltd. | 0.17% | 0.36% |
| IDFC First Bank Ltd. | 0.17% | 0.22% |
| Hindustan Aeronautics Ltd. | 0.52% | 0.17% |
| Bharat Heavy Electricals Ltd. | 0.21% | 0.17% |
| Varun Beverages Ltd. | 0.17% | 0.28% |
| Solar Industries India Ltd. | 0.29% | 0.17% |
| Life Insurance Corporation of India | 0.15% | 0.72% |
| BSE Ltd. | 0.15% | 0.91% |
| Supreme Industries Ltd. | 0.14% | 0.22% |
| Hindustan Unilever Ltd. | 0.14% | 0.44% |
| Radico Khaitan Ltd. | 0.14% | 0.58% |
| Indian Energy Exchange Ltd. | 0.14% | 0.28% |
| Lupin Ltd. | 0.14% | 0.39% |
| Sagility Ltd. | 0.14% | 0.29% |
| Power Grid Corporation of India Ltd. | 0.13% | 0.20% |
| Voltas Ltd. | 0.12% | 0.35% |
| Central Depository Services (I) Ltd. | 0.12% | 0.48% |
| NBCC (India) Ltd. | 0.19% | 0.12% |
| Suzlon Energy Ltd. | 0.12% | 0.21% |
| The Indian Hotels Company Ltd. | 0.11% | 0.35% |
| GAIL (India) Ltd. | 0.11% | 0.44% |
| Max Financial Services Ltd. | 0.11% | 0.25% |
| Delhivery Ltd. | 0.11% | 0.62% |
| Computer Age Management Services Ltd. | 0.11% | 0.47% |
| Pidilite Industries Ltd. | 0.11% | 0.71% |
| Bank of Maharashtra | 0.10% | 0.31% |
| Bajaj Auto Ltd. | 0.10% | 0.27% |
| Astral Ltd. | 0.10% | 0.43% |
| KEI Industries Ltd. | 0.10% | 0.27% |
| Bosch Ltd. | 0.10% | 0.39% |
| The Phoenix Mills Ltd. | 0.10% | 0.48% |
| Bharat Forge Ltd. | 0.10% | 0.55% |
| Manappuram Finance Ltd. | 0.41% | 0.09% |
| Oil India Ltd. | 0.08% | 0.40% |
| Tech Mahindra Ltd. | 0.08% | 0.28% |
| Wipro Ltd. | 0.08% | 0.09% |
| Indian Bank | 0.08% | 0.09% |
| Shriram Finance Ltd. | 0.29% | 0.07% |
| Tube Investments of India Ltd. | 0.07% | 0.38% |
| Max Healthcare Institute Ltd. | 0.07% | 0.39% |
| Tata Motors Passenger Vehicles Ltd. | 0.07% | 0.30% |
| Angel One Ltd. | 0.07% | 0.77% |
| Trent Ltd. | 0.07% | 0.80% |
| SRF Ltd. | 0.07% | 0.53% |
| Kotak Mahindra Bank Ltd. | 1.29% | 0.06% |
| ABB India Ltd. | 0.06% | 0.25% |
| Mphasis Ltd. | 0.06% | 0.34% |
| DLF Ltd. | 0.06% | 0.26% |
| Amber Enterprises India Ltd. | 0.05% | 0.25% |
| Avenue Supermarts Ltd. | 0.05% | 0.32% |
| CG Power and Industrial Solutions Ltd. | 0.04% | 0.52% |
| ICICI Lombard General Insurance Company Ltd. | 0.15% | 0.04% |
| Colgate Palmolive (India) Ltd. | 0.04% | 0.14% |
| Persistent Systems Ltd. | 0.04% | 0.39% |
| GMR Airports Ltd. | 0.10% | 0.04% |
| Godrej Consumer Products Ltd. | 0.04% | 0.15% |
| SBI Cards & Payment Services Ltd. | 0.03% | 0.28% |
| Oberoi Realty Ltd. | 0.03% | 0.44% |
| KPIT Technologies Ltd. | 0.03% | 0.22% |
| Lodha Developers Ltd. | 0.03% | 0.21% |
| Ujjivan Small Finance Bank Ltd. | 0.02% | 0.06% |
| Motilal Oswal Financial Services Ltd. | 0.02% | 0.39% |
| Page Industries Ltd. | 0.02% | 0.27% |
| Polycab India Ltd. | 0.02% | 0.65% |
| FSN E-Commerce Ventures Ltd. | 0.02% | 0.23% |
| L&T Finance Ltd. | 0.02% | 0.35% |
| Bharat Dynamics Ltd. | 0.02% | 0.11% |
| Dabur India Ltd. | 0.02% | 0.26% |
| UNO Minda Ltd. | 0.01% | 0.29% |
| Jindal Steel Ltd. | 0.20% | 0.01% |
| Siemens Energy India Ltd. | 0.01% | 0.04% |
| Ather Energy Ltd. | 0.01% | 0.48% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 42.2% means 42.2% 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 Mirae Asset Arbitrage Fund
| Security | % of fund |
|---|---|
| Mirae Asset Liquid Fund-Direct Plan-Growth | 9.89% |
| Mirae Asset Money Market Fund-Direct Plan-Growth | 4.94% |
| Premier Energies Ltd | 0.64% |
| Havells India Ltd. | 0.54% |
| 360 ONE WAM Ltd. | 0.44% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Aditya Birla Sun Life Arbitrage | Mirae Asset Arbitrage |
|---|---|---|
| Equity | 69.3% | 73.5% |
| Debt | 10.5% | 0.0% |
| Cash and others | 20.1% | 26.5% |
Market cap of stocks
| Market cap | Aditya Birla Sun Life Arbitrage | Mirae Asset Arbitrage |
|---|---|---|
| Large Cap | 50.4% | 37.6% |
| Mid Cap | 15.6% | 29.0% |
| Small Cap | 3.4% | 6.8% |
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 | Mirae Asset Arbitrage |
|---|---|---|
| Banks | 16.4% | 6.7% |
| Telecom - Services | 5.8% | 1.3% |
| Capital Markets | 1.1% | 5.1% |
| Pharmaceuticals & Biotechnology | 3.3% | 4.7% |
| Finance | 4.5% | 4.5% |
| Petroleum Products | 3.9% | 2.1% |
| Automobiles | 2.6% | 3.7% |
| Consumer Durables | 1.7% | 3.7% |
| Ferrous Metals | 3.2% | 1.1% |
The six largest sectors of each fund's stocks, % of the fund.
Aditya Birla Sun Life Arbitrage vs Mirae Asset Arbitrage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Aditya Birla Sun Life Arbitrage Fund | Mirae Asset Arbitrage Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.23% | 2.48% |
| Base expense ratio (Direct) | 0.27% | 0.13% |
| Total expense ratio (Regular) | 1.94% | 3.25% |
| Base expense ratio (Regular) | 0.88% | 0.78% |
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 Mirae Asset Arbitrage Fund: Frequently Asked Questions
What is the difference between Aditya Birla Sun Life Arbitrage Fund and Mirae Asset Arbitrage Fund?
Both are Arbitrage funds, run by Aditya Birla Sun Life Mutual Fund and Mirae Asset Mutual Fund. Their portfolios overlap 42.2%. Aditya Birla Sun Life Arbitrage Fund charges 1.23% a year and Mirae Asset Arbitrage Fund 2.48%.
Which has given higher returns, Aditya Birla Sun Life Arbitrage Fund or Mirae Asset Arbitrage Fund?
Over 1 year: Aditya Birla Sun Life Arbitrage Fund +6.75%, Mirae Asset Arbitrage Fund +6.73%. Over 3 years: Aditya Birla Sun Life Arbitrage Fund +7.40% a year, Mirae Asset Arbitrage Fund +7.35% a year. Over 5 years: Aditya Birla Sun Life Arbitrage Fund +6.85% a year, Mirae Asset Arbitrage Fund +6.82% 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 Mirae Asset Arbitrage Fund?
Aditya Birla Sun Life Arbitrage Fund charges less: 1.23% a year against 2.48%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Aditya Birla Sun Life Arbitrage Fund and Mirae Asset Arbitrage Fund overlap?
42.2%. They hold 169 of the same securities, the largest shared ones being LT, RELIANCE, MARUTI. From each fund's latest monthly portfolio.
Which is riskier, Aditya Birla Sun Life Arbitrage Fund or Mirae Asset Arbitrage Fund?
On SEBI's riskometer, Aditya Birla Sun Life Arbitrage Fund is rated Low and Mirae Asset Arbitrage Fund Low. Over 3 years, the standard deviation of daily returns was 1.07% and 1.16% a year.
Which is better for SIP, Aditya Birla Sun Life Arbitrage Fund or Mirae Asset 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 ₹7,32,571 in Mirae Asset 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 Mirae Asset Arbitrage Fund?
Yes. 42.2% 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 Mirae Asset Arbitrage Fund?
Aditya Birla Sun Life Arbitrage Fund: Lovelish Solanki, Mohit Sharma, Krina Mehta. Mirae Asset Arbitrage Fund: Jignesh Rao, Jigar Sethia, Pranavi Kulkarni.
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.