Aditya Birla Sun Life Arbitrage Fund vs quant Arbitrage Fund
Direct Plan, Growth option · Data as on 30-10-2026
Aditya Birla Sun Life Arbitrage Fund and quant Arbitrage Fund are both Arbitrage funds. In the year to 30-10-2026, Aditya Birla Sun Life Arbitrage Fund (Direct) returned 6.8% and quant Arbitrage Fund (Direct) returned 7.6%. Aditya Birla Sun Life Arbitrage Fund charges 1.23% a year and quant Arbitrage Fund 1.60% (Direct plans). Their portfolios overlap 33.4%: they hold 87 of the same securities.
Aditya Birla Sun Life Arbitrage Fund
Arbitrage
- 1 year return
- 6.8%
- Expense ratio
- 1.23%
- NAV
- ₹31.18
Which is better, Aditya Birla Sun Life Arbitrage or quant Arbitrage? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- quant Arbitrage returned more over 1 year: 7.6% against 6.8%.
- Aditya Birla Sun Life Arbitrage costs less: 1.23% a year against 1.60% (Direct plans).
- quant Arbitrage fell less in its worst fall since 07-04-2025: −0.4% against −0.5%.
- Aditya Birla Sun Life Arbitrage is the larger fund: ₹26,933 Cr against ₹1,007 Cr.
- Their portfolios overlap 33.4%: 87 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 | quant Arbitrage Fund |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | quant Mutual Fund |
| Category | Arbitrage | Arbitrage |
| AUM | ₹26,933 Cr (30-09-2026) | ₹1,007 Cr (30-09-2026) |
| NAV | ₹31.18 (Direct) | ₹11.19 (Direct) |
| Expense ratio (Direct) | 1.23% | 1.60% |
| Expense ratio (Regular) | 1.94% | 2.25% |
| Riskometer | Low | Low |
| Benchmark | Nifty 50 Arbitrage TRI | Nifty 50 Arbitrage TRI |
| Launch date | 24-07-2009 | 04-04-2025 |
| Minimum investment | ₹1,000 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Lovelish Solanki, Mohit Sharma, Krina Mehta | Sameer Kate, Yug Tibrewal, Sanjeev Sharma |
| Exit load | Nil | Exit load of 0.25%, if redeemed within 1 month. |
Aditya Birla Sun Life Arbitrage vs quant 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% |
| quant Arbitrage Fund (Direct) | +0.51% | +1.68% | +3.63% | +7.56% | -- | -- | -- |
| Arbitrage average | +0.56% | +1.52% | +3.20% | +6.62% | -- | -- | -- |
Category average: the average of the 39 Arbitrage funds, same plan type.
Aditya Birla Sun Life Arbitrage vs quant Arbitrage: Year-wise Returns
| Year | Aditya Birla Sun LifeAditya Birla Sun Life Arbitrage | quantquant Arbitrage |
|---|---|---|
| 2026to date | +5.49% | +6.22% |
| 2025 | +7.20% | -- |
| 2024 | +8.30% | -- |
| 2023 | +7.86% | -- |
| 2022 | +4.80% | -- |
| 2021 | +4.52% | -- |
Aditya Birla Sun Life Arbitrage vs quant Arbitrage: Rolling Returns
Every holding period of both funds
Rolling returns
Every 1-year holding period, 141 of them, one for each trading day from 07-04-2026 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)
quant Arbitrage Fund (Direct)
to
Apr 2026May 2025
to
May 2026Jul 2025
to
Jul 2026Aug 2025
to
Aug 2026Sept 2025
to
Sept 2026Oct 2025
to
Oct 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 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 6.7% | 6.7% | 6.2% | 7.1% |
| quant Arbitrage | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7.5% | 7.5% | 7.1% | 7.9% |
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 07-04-2025. Past returns do not promise future returns.
Aditya Birla Sun Life Arbitrage vs quant 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 01-04-2025 to 30-10-2026: 19 instalments, ₹1,90,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Aditya Birla Sun Life ArbitrageAditya Birla Sun Life Arbitrage Fund (Direct) | ₹1,90,000 | ₹2,00,446 | ₹10,446 | 6.6% |
| quant Arbitragequant Arbitrage Fund (Direct) | ₹1,90,000 | ₹2,01,679 | ₹11,679 | 7.4% |
Aditya Birla Sun Life ArbitrageAditya Birla Sun Life Arbitrage Fund (Direct)
quant Arbitragequant 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 quant 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) | quant Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.75% | +7.56% |
| Standard deviation | 1.34% | 1.46% |
| Sharpe ratio | 1.13 | 1.59 |
| Sortino ratio | 1.77 | 2.43 |
| Maximum drawdown | −0.5% (06-08-2026) | −0.4% (26-08-2026) |
| 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) | quant Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.97% | +7.37% |
| Standard deviation | 1.10% | 1.29% |
| Sharpe ratio | 0.84 | 1.55 |
| Sortino ratio | 1.31 | 2.35 |
| Maximum drawdown | −0.5% (25-03-2020) | −0.4% (26-08-2026) |
| 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)
quant 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% |
| quant Arbitrage Fund (Direct) | −0.4% | 24-08-2026 | 26-08-2026 | 01-09-2026 | 6 days | −0.1% |
From daily values since 07-04-2025, 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)
quant Arbitrage Fund (Direct)
Aditya Birla Sun Life Arbitrage vs quant Arbitrage: Portfolio Overlap
From each fund's latest monthly portfolio: Aditya Birla Sun Life Arbitrage Fund, September 2026; quant Arbitrage Fund, September 2026
Holdings in common
- Overlap
- 33.4%
- Held by both
- 87
- Only in Aditya Birla Sun Life Arbitrage
- 113
- Only in quant Arbitrage
- 22
| Security | % of Aditya Birla Sun Life Arbitrage | % of quant Arbitrage |
|---|---|---|
| Reliance Industries Ltd. | 2.87% | 4.80% |
| HDFC Bank Ltd. | 3.52% | 2.45% |
| State Bank of India | 1.60% | 1.81% |
| Vodafone Idea Ltd. | 2.35% | 1.29% |
| NTPC Ltd. | 1.19% | 1.87% |
| Indus Towers Ltd. | 1.10% | 2.10% |
| Axis Bank Ltd. | 2.20% | 0.88% |
| ICICI Bank Ltd. | 3.37% | 0.87% |
| ITC Ltd. | 0.87% | 1.41% |
| Bharti Airtel Ltd. | 2.38% | 0.86% |
| Maruti Suzuki India Ltd. | 0.73% | 0.87% |
| Aurobindo Pharma Ltd. | 0.65% | 0.82% |
| Bajaj Finance Ltd. | 0.59% | 0.69% |
| Kotak Mahindra Bank Ltd. | 1.29% | 0.58% |
| Yes Bank Ltd. | 0.54% | 1.18% |
| Hindustan Aeronautics Ltd. | 0.52% | 0.86% |
| Bharat Petroleum Corporation Ltd. | 0.51% | 0.50% |
| Glenmark Pharmaceuticals Ltd. | 0.49% | 0.68% |
| JSW Steel Ltd. | 1.01% | 0.48% |
| NMDC Ltd. | 0.79% | 0.45% |
| Adani Enterprises Ltd. | 0.69% | 0.44% |
| Info Edge (India) Ltd. | 0.43% | 3.03% |
| Manappuram Finance Ltd. | 0.41% | 0.77% |
| Oil & Natural Gas Corporation Ltd. | 0.41% | 2.38% |
| Adani Ports and Special Economic Zone Ltd. | 0.39% | 1.46% |
| Eicher Motors Ltd. | 0.62% | 0.39% |
| Canara Bank | 0.38% | 0.78% |
| LIC Housing Finance Ltd. | 0.36% | 1.44% |
| HDFC Life Insurance Company Ltd. | 0.35% | 3.19% |
| Jio Financial Services Ltd. | 0.77% | 0.34% |
| Bajaj Finserv Ltd. | 0.34% | 0.41% |
| GE Vernova T&D India Ltd. | 0.34% | 0.70% |
| Swiggy Ltd. | 0.34% | 2.33% |
| Cholamandalam Investment & Finance Co. Ltd. | 0.34% | 1.61% |
| Adani Energy Solutions Ltd. | 0.35% | 0.33% |
| Torrent Pharmaceuticals Ltd. | 0.39% | 0.31% |
| Biocon Ltd. | 0.30% | 1.15% |
| Shriram Finance Ltd. | 0.29% | 0.59% |
| Cummins India Ltd. | 0.38% | 0.28% |
| Ultratech Cement Ltd. | 0.52% | 0.28% |
| Punjab National Bank | 0.26% | 1.62% |
| Asian Paints Ltd. | 0.27% | 0.24% |
| Tata Consumer Products Ltd. | 0.23% | 0.25% |
| HDFC Asset Management Co. Ltd. | 0.22% | 0.22% |
| Bharat Heavy Electricals Ltd. | 0.21% | 1.18% |
| APL Apollo Tubes Ltd. | 0.70% | 0.21% |
| Hitachi Energy India Ltd. | 0.41% | 0.21% |
| Divi's Laboratories Ltd. | 0.21% | 0.43% |
| Union Bank of India | 0.21% | 0.62% |
| UPL Ltd. | 0.21% | 1.37% |
| Steel Authority of India Ltd. | 1.15% | 0.20% |
| PG Electroplast Ltd. | 0.20% | 0.63% |
| NBCC (India) Ltd. | 0.19% | 2.12% |
| Adani Green Energy Ltd. | 0.19% | 0.52% |
| Ashok Leyland Ltd. | 0.39% | 0.19% |
| Samvardhana Motherson International Ltd. | 0.18% | 1.09% |
| Adani Power Ltd. | 0.18% | 0.85% |
| Hindustan Petroleum Corporation Ltd. | 0.18% | 0.80% |
| Bank of India | 0.18% | 0.20% |
| Bandhan Bank Ltd. | 0.32% | 0.18% |
| Tata Power Company Ltd. | 0.17% | 0.43% |
| Godrej Properties Ltd. | 0.26% | 0.17% |
| Bharat Electronics Ltd. | 0.39% | 0.17% |
| Varun Beverages Ltd. | 0.17% | 1.56% |
| Tata Consultancy Services Ltd. | 0.38% | 0.16% |
| Jindal Steel Ltd. | 0.20% | 0.15% |
| Life Insurance Corporation of India | 0.15% | 0.66% |
| One 97 Communications Ltd. | 0.18% | 0.14% |
| Hindustan Unilever Ltd. | 0.14% | 0.83% |
| Radico Khaitan Ltd. | 0.14% | 0.13% |
| Tata Steel Ltd. | 0.83% | 0.12% |
| Larsen & Toubro Ltd. | 1.61% | 0.12% |
| Laurus Labs Ltd. | 0.17% | 0.12% |
| Computer Age Management Services Ltd. | 0.11% | 0.10% |
| Power Grid Corporation of India Ltd. | 0.13% | 0.10% |
| GMR Airports Ltd. | 0.10% | 0.51% |
| Oil India Ltd. | 0.08% | 0.12% |
| Ambuja Cements Ltd. | 0.30% | 0.07% |
| SRF Ltd. | 0.07% | 0.49% |
| DLF Ltd. | 0.06% | 0.81% |
| Amber Enterprises India Ltd. | 0.05% | 1.11% |
| Indian Oil Corporation Ltd. | 0.31% | 0.05% |
| Godrej Consumer Products Ltd. | 0.04% | 0.52% |
| KPIT Technologies Ltd. | 0.03% | 0.57% |
| FSN E-Commerce Ventures Ltd. | 0.02% | 0.10% |
| Dabur India Ltd. | 0.02% | 0.46% |
| Kalyan Jewellers India Ltd. | 0.49% | 0.01% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 33.4% means 33.4% 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 quant Arbitrage Fund
| Security | % of fund |
|---|---|
| TREPS 01-Oct-2026 DEPO 10 | 7.26% |
| SIDBI CD 25-Mar-2027 | 4.80% |
| Zydus Lifesciences Limited | 3.82% |
| 182 Days Treasury Bill 18-Mar-2027 | 1.93% |
| 364 Days Treasury Bill 01-Jul-2027 | 1.90% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Aditya Birla Sun Life Arbitrage | quant Arbitrage |
|---|---|---|
| Equity | 69.3% | 76.4% |
| Debt | 10.5% | 28.6% |
| Cash and others | 20.1% | -5.0% |
Market cap of stocks
| Market cap | Aditya Birla Sun Life Arbitrage | quant Arbitrage |
|---|---|---|
| Large Cap | 50.4% | 48.1% |
| Mid Cap | 15.6% | 21.4% |
| Small Cap | 3.4% | 6.9% |
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 | quant Arbitrage |
|---|---|---|
| Banks | 16.4% | 11.2% |
| Pharmaceuticals & Biotechnology | 3.3% | 7.3% |
| Petroleum Products | 3.9% | 6.2% |
| Finance | 4.5% | 5.8% |
| Telecom - Services | 5.8% | 4.3% |
| Retailing | 1.2% | 5.5% |
| Power | 2.5% | 4.4% |
| Ferrous Metals | 3.2% | 1.0% |
The six largest sectors of each fund's stocks, % of the fund.
Aditya Birla Sun Life Arbitrage vs quant Arbitrage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Aditya Birla Sun Life Arbitrage Fund | quant Arbitrage Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.23% | 1.60% |
| Base expense ratio (Direct) | 0.27% | 0.28% |
| Total expense ratio (Regular) | 1.94% | 2.25% |
| Base expense ratio (Regular) | 0.88% | 0.83% |
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 quant Arbitrage Fund: Frequently Asked Questions
What is the difference between Aditya Birla Sun Life Arbitrage Fund and quant Arbitrage Fund?
Both are Arbitrage funds, run by Aditya Birla Sun Life Mutual Fund and quant Mutual Fund. Their portfolios overlap 33.4%. Aditya Birla Sun Life Arbitrage Fund charges 1.23% a year and quant Arbitrage Fund 1.60%.
Which has given higher returns, Aditya Birla Sun Life Arbitrage Fund or quant Arbitrage Fund?
Over 1 year: Aditya Birla Sun Life Arbitrage Fund +6.75%, quant Arbitrage Fund +7.56%. 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 quant Arbitrage Fund?
Aditya Birla Sun Life Arbitrage Fund charges less: 1.23% a year against 1.60%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Aditya Birla Sun Life Arbitrage Fund and quant Arbitrage Fund overlap?
33.4%. They hold 87 of the same securities, the largest shared ones being RELIANCE, HDFCBANK, SBIN. From each fund's latest monthly portfolio.
Which is riskier, Aditya Birla Sun Life Arbitrage Fund or quant Arbitrage Fund?
On SEBI's riskometer, Aditya Birla Sun Life Arbitrage Fund is rated Low and quant Arbitrage Fund Low. Over 1 years, the standard deviation of daily returns was 1.34% and 1.46% a year.
Can I invest in both Aditya Birla Sun Life Arbitrage Fund and quant Arbitrage Fund?
Yes. 33.4% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Aditya Birla Sun Life Arbitrage Fund and quant Arbitrage Fund?
Aditya Birla Sun Life Arbitrage Fund: Lovelish Solanki, Mohit Sharma, Krina Mehta. quant Arbitrage Fund: Sameer Kate, Yug Tibrewal, Sanjeev Sharma.
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.