Axis Arbitrage Fund vs ICICI Prudential Arbitrage Fund
Direct Plan, Growth option · Data as on 30-10-2026
Axis Arbitrage Fund and ICICI Prudential Arbitrage Fund are both Arbitrage funds. In the 3 years to 30-10-2026, Axis Arbitrage Fund (Direct) returned 7.3% a year and ICICI Prudential Arbitrage Fund (Direct) returned 7.3% a year. Axis Arbitrage Fund charges 1.40% a year and ICICI Prudential Arbitrage Fund 1.63% (Direct plans). Their portfolios overlap 50.4%: they hold 136 of the same securities.
ICICI Prudential Arbitrage Fund
Arbitrage
- 3 year return
- 7.3%
- Expense ratio
- 1.63%
- NAV
- ₹40.00
Which is better, Axis Arbitrage or ICICI Prudential Arbitrage? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Axis Arbitrage returned more over 5 years: 6.8% a year against 6.8%.
- Axis Arbitrage returned more over 3 years: 7.3% a year against 7.3%.
- Axis Arbitrage costs less: 1.40% a year against 1.63% (Direct plans).
- Axis Arbitrage swung less over 3 years: a standard deviation of 1.0% a year against 1.1%.
- ICICI Prudential Arbitrage fell less in its worst fall since 21-08-2014: −0.6% against −0.6%.
- ICICI Prudential Arbitrage is the larger fund: ₹35,576 Cr against ₹10,168 Cr.
- Their portfolios overlap 50.4%: 136 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 | Axis Arbitrage Fund | ICICI Prudential Arbitrage Fund |
|---|---|---|
| Fund house | Axis Mutual Fund | ICICI Prudential Mutual Fund |
| Category | Arbitrage | Arbitrage |
| AUM | ₹10,168 Cr (30-09-2026) | ₹35,576 Cr (30-09-2026) |
| NAV | ₹22.09 (Direct) | ₹40.00 (Direct) |
| Expense ratio (Direct) | 1.40% | 1.63% |
| Expense ratio (Regular) | 2.09% | 2.16% |
| Riskometer | Low | Not available |
| Benchmark | Nifty 50 Arbitrage Index | Nifty 50 Arbitrage Index |
| Launch date | 14-08-2014 | 30-12-2006 |
| Minimum investment | ₹500 | ₹500 |
| Lock in | None | None |
| Fund managers | Devang Shah, Sachin Jain | Archana Nair, Nikhil Kabra, Ajaykumar Solanki, Darshil Dedhia |
| Exit load | Exit load of 0.25% if redeemed within 15 days. | 0.25% of the applicable NAV If units purchased or switched in from another scheme of the Fund are redeemed or switched out within 15 days from the date of allotment NIL If units purchased or switched in from another scheme of the Fund are redeemed or switched out after 15 days from the date of allotment |
Axis Arbitrage vs ICICI Prudential 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 |
|---|---|---|---|---|---|---|---|
| Axis Arbitrage Fund (Direct) | +0.52% | +1.52% | +3.22% | +6.68% | +7.31% | +6.84% | +6.44% |
| ICICI Prudential Arbitrage Fund (Direct) | +0.50% | +1.50% | +3.24% | +6.62% | +7.27% | +6.77% | +6.33% |
| 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.
Axis Arbitrage vs ICICI Prudential Arbitrage: Year-wise Returns
| Year | AxisAxis Arbitrage | ICICI PrudentialICICI Prudential Arbitrage |
|---|---|---|
| 2026to date | +5.44% | +5.40% |
| 2025 | +7.06% | +7.02% |
| 2024 | +8.26% | +8.21% |
| 2023 | +7.68% | +7.77% |
| 2022 | +4.95% | +4.79% |
| 2021 | +4.61% | +4.40% |
Axis Arbitrage vs ICICI Prudential Arbitrage: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 2,272 of them, one for each trading day from 21-08-2017 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.
Axis Arbitrage Fund (Direct)
ICICI Prudential Arbitrage Fund (Direct)
to
May 2018Dec 2016
to
Dec 2019Jun 2018
to
Jun 2021Jan 2020
to
Jan 2023Aug 2021
to
Aug 2024Feb 2023
to
Feb 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Axis Arbitrage | 0.0 | 10.7 | 89.3 | 0.0 | 0.0 | 0.0 | 0.0 | 6.5% | 6.8% | 4.6% | 7.8% |
| ICICI Prudential Arbitrage | 0.0 | 13.1 | 86.9 | 0.0 | 0.0 | 0.0 | 0.0 | 6.3% | 6.6% | 4.5% | 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 21-08-2014. Past returns do not promise future returns.
Axis Arbitrage vs ICICI Prudential 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 21-08-2014 to 30-10-2026: 147 instalments, ₹14,70,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Axis ArbitrageAxis Arbitrage Fund (Direct) | ₹14,70,000 | ₹22,26,621 | ₹7,56,621 | 6.5% |
| ICICI Prudential ArbitrageICICI Prudential Arbitrage Fund (Direct) | ₹14,70,000 | ₹22,15,963 | ₹7,45,963 | 6.5% |
Axis ArbitrageAxis Arbitrage Fund (Direct)
ICICI Prudential ArbitrageICICI Prudential 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.
Axis Arbitrage vs ICICI Prudential Arbitrage: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Axis Arbitrage Fund (Direct) | ICICI Prudential Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.68% | +6.62% |
| Standard deviation | 1.33% | 1.39% |
| Sharpe ratio | 1.08 | 1.00 |
| Sortino ratio | 1.66 | 1.53 |
| Maximum drawdown | −0.4% (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 | Axis Arbitrage Fund (Direct) | ICICI Prudential Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.31% | +7.27% |
| Standard deviation | 1.05% | 1.10% |
| Sharpe ratio | 1.23 | 1.13 |
| Sortino ratio | 1.88 | 1.74 |
| Maximum drawdown | −0.4% (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 | Axis Arbitrage Fund (Direct) | ICICI Prudential Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.84% | +6.77% |
| Standard deviation | 0.97% | 1.00% |
| Sharpe ratio | 1.07 | 0.97 |
| Sortino ratio | 1.63 | 1.49 |
| Maximum drawdown | −0.4% (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 | Axis Arbitrage Fund (Direct) | ICICI Prudential Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.70% | +7.01% |
| Standard deviation | 1.02% | 1.05% |
| Sharpe ratio | 0.95 | 0.92 |
| Sortino ratio | 1.41 | 1.38 |
| Maximum drawdown | −0.6% (25-03-2020) | −0.6% (03-06-2020) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 21-08-2014 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.
Axis Arbitrage Fund (Direct)
ICICI Prudential Arbitrage Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Axis Arbitrage Fund (Direct) | −0.6% | 16-03-2020 | 25-03-2020 | 30-03-2020 | 5 days | −0.0% |
| ICICI Prudential Arbitrage Fund (Direct) | −0.6% | 29-05-2020 | 03-06-2020 | 20-08-2020 | 3 months | −0.1% |
From daily values since 21-08-2014, 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.
Axis Arbitrage Fund (Direct)
ICICI Prudential 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.
Axis Arbitrage Fund (Direct)
ICICI Prudential 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.
Axis Arbitrage Fund (Direct)
ICICI Prudential Arbitrage Fund (Direct)
Axis Arbitrage vs ICICI Prudential Arbitrage: Portfolio Overlap
From each fund's latest monthly portfolio: Axis Arbitrage Fund, September 2026; ICICI Prudential Arbitrage Fund, September 2026
Holdings in common
- Overlap
- 50.4%
- Held by both
- 136
- Only in Axis Arbitrage
- 18
- Only in ICICI Prudential Arbitrage
- 56
| Security | % of Axis Arbitrage | % of ICICI Prudential Arbitrage |
|---|---|---|
| Reliance Industries Limited | 3.77% | 4.44% |
| HDFC Bank Limited | 4.06% | 3.36% |
| State Bank of India | 2.63% | 2.35% |
| Bharti Airtel Limited | 2.22% | 2.04% |
| Tata Steel Limited | 1.83% | 1.47% |
| Bajaj Finance Limited | 1.43% | 1.63% |
| Axis Bank Limited | 1.38% | 2.94% |
| Bharat Heavy Electricals Limited | 2.64% | 1.35% |
| Cummins India Limited | 1.40% | 1.25% |
| Canara Bank | 1.19% | 1.23% |
| Coal India Limited | 1.19% | 1.65% |
| Vodafone Idea Limited | 1.14% | 2.99% |
| Jio Financial Services Limited | 1.07% | 1.07% |
| Adani Power Limited | 1.01% | 1.10% |
| Infosys Limited | 1.15% | 0.96% |
| JSW Steel Limited | 1.04% | 0.92% |
| Bharat Electronics Limited | 1.30% | 0.89% |
| Steel Authority of India Limited | 0.80% | 0.84% |
| ITC Limited | 0.76% | 0.76% |
| Divi's Laboratories Limited | 1.25% | 0.75% |
| Varun Beverages Limited | 0.72% | 0.91% |
| APL Apollo Tubes Limited | 0.70% | 1.37% |
| Glenmark Pharmaceuticals Limited | 0.93% | 0.69% |
| Punjab National Bank | 0.79% | 0.69% |
| Adani Enterprises Limited | 1.31% | 0.63% |
| NMDC Limited | 0.60% | 0.75% |
| ICICI Bank Limited | 3.83% | 0.59% |
| Manappuram Finance Limited | 0.87% | 0.57% |
| Life Insurance Corporation Of India | 0.69% | 0.52% |
| Kotak Mahindra Bank Limited | 1.58% | 0.48% |
| Hindalco Industries Limited | 1.16% | 0.46% |
| Adani Energy Solutions Limited | 0.43% | 1.31% |
| HDFC Bank Limited (22/01/2027) | 0.48% | 0.41% |
| Punjab National Bank (10/02/2027) | 0.96% | 0.41% |
| The Indian Hotels Company Limited | 0.41% | 0.96% |
| Ambuja Cements Limited | 0.41% | 0.85% |
| Hindustan Unilever Limited | 1.18% | 0.39% |
| Adani Green Energy Limited | 0.38% | 0.97% |
| Bank of Baroda | 0.47% | 0.37% |
| NTPC Limited | 0.47% | 0.37% |
| Yes Bank Limited | 0.66% | 0.35% |
| The Federal Bank Limited | 0.78% | 0.34% |
| Biocon Limited | 0.78% | 0.34% |
| Maruti Suzuki India Limited | 0.33% | 0.61% |
| Indus Towers Limited | 1.12% | 0.33% |
| Crompton Greaves Consumer Electricals Limited | 0.61% | 0.32% |
| Bandhan Bank Limited | 0.31% | 0.46% |
| Muthoot Finance Limited | 0.30% | 0.32% |
| UltraTech Cement Limited | 0.81% | 0.30% |
| Indian Oil Corporation Limited | 0.35% | 0.29% |
| Apollo Hospitals Enterprise Limited | 0.68% | 0.29% |
| Lupin Limited | 0.28% | 0.51% |
| Power Finance Corporation Limited | 0.27% | 1.51% |
| Container Corporation of India Limited | 0.58% | 0.25% |
| Tata Motors Passenger Vehicles Limited | 0.24% | 0.42% |
| Small Industries Dev Bank of India (28/01/2027) | 0.24% | 1.10% |
| Coforge Limited | 0.24% | 0.37% |
| UPL Limited | 0.24% | 0.39% |
| LIC Housing Finance Limited | 0.70% | 0.24% |
| Hindustan Aeronautics Limited | 0.47% | 0.24% |
| HDFC Asset Management Company Limited | 0.23% | 0.46% |
| Bank of Baroda (25/01/2027) | 1.20% | 0.21% |
| Swiggy Limited | 0.18% | 0.25% |
| Fortis Healthcare Limited | 0.18% | 0.24% |
| Marico Limited | 0.18% | 0.39% |
| Hitachi Energy India Limited | 0.16% | 0.22% |
| IndusInd Bank Limited | 0.16% | 0.25% |
| Jindal Steel Limited | 0.16% | 0.35% |
| Hindustan Petroleum Corporation Limited | 0.14% | 0.31% |
| Aurobindo Pharma Limited | 0.14% | 0.23% |
| Bajaj Auto Limited | 0.14% | 0.15% |
| GE Vernova T&D India Limited | 0.47% | 0.13% |
| Samvardhana Motherson International Limited | 0.13% | 0.37% |
| Godrej Properties Limited | 0.42% | 0.13% |
| Tata Consumer Products Limited | 0.21% | 0.12% |
| Torrent Pharmaceuticals Limited | 0.12% | 0.21% |
| Ashok Leyland Limited | 0.33% | 0.12% |
| JSW Energy Limited | 0.11% | 0.32% |
| Laurus Labs Limited | 0.10% | 0.16% |
| AU Small Finance Bank Limited | 0.10% | 0.17% |
| Bank of India | 0.31% | 0.10% |
| HDFC Life Insurance Company Limited | 0.68% | 0.10% |
| Info Edge (India) Limited | 0.12% | 0.10% |
| Tata Power Company Limited | 0.09% | 0.37% |
| Shriram Finance Limited | 0.09% | 0.25% |
| Bharat Forge Limited | 0.41% | 0.08% |
| Asian Paints Limited | 0.09% | 0.08% |
| Max Financial Services Limited | 0.08% | 0.23% |
| KEI Industries Limited | 0.08% | 0.47% |
| Inox Wind Limited | 0.09% | 0.07% |
| Indian Energy Exchange Limited | 0.26% | 0.07% |
| Pidilite Industries Limited | 0.09% | 0.06% |
| PB Fintech Limited | 0.10% | 0.06% |
| PNB Housing Finance Limited | 0.11% | 0.06% |
| Larsen & Toubro Limited | 0.06% | 0.49% |
| IDFC First Bank Limited | 0.06% | 0.69% |
| TVS Motor Company Limited | 0.06% | 0.23% |
| Astral Limited | 0.35% | 0.06% |
| Cholamandalam Investment and Finance Company Ltd | 1.13% | 0.06% |
| Patanjali Foods Limited | 0.05% | 0.33% |
| Tube Investments of India Limited | 0.05% | 0.15% |
| Union Bank of India | 0.17% | 0.04% |
| Mphasis Limited | 0.09% | 0.04% |
| Suzlon Energy Limited | 0.05% | 0.04% |
| RBL Bank Limited | 0.11% | 0.04% |
| Mahindra & Mahindra Limited | 0.04% | 0.52% |
| National Aluminium Company Limited | 0.04% | 0.06% |
| Vedanta Limited | 0.04% | 0.14% |
| Kalyan Jewellers India Limited | 0.04% | 0.07% |
| InterGlobe Aviation Limited | 0.04% | 0.14% |
| One 97 Communications Limited | 0.04% | 0.09% |
| GAIL (India) Limited | 0.04% | 0.04% |
| Hindustan Zinc Limited | 0.05% | 0.04% |
| NBCC (India) Limited | 0.04% | 0.03% |
| SRF Limited | 0.11% | 0.03% |
| Sagility Limited | 0.03% | 0.02% |
| Dabur India Limited | 0.02% | 0.09% |
| Sun Pharmaceutical Industries Limited | 0.02% | 0.23% |
| Cipla Limited | 0.02% | 0.20% |
| Delhivery Limited | 0.02% | 0.17% |
| Oil & Natural Gas Corporation Limited | 0.02% | 0.13% |
| Titan Company Limited | 0.02% | 0.31% |
| PG Electroplast Limited | 0.02% | 0.02% |
| Eternal Limited | 0.02% | 0.17% |
| Bajaj Finserv Limited | 0.02% | 0.31% |
| Radico Khaitan Limited | 0.03% | 0.02% |
| Computer Age Management Services Limited | 0.02% | 0.02% |
| Supreme Industries Limited | 0.05% | 0.01% |
| United Spirits Limited | 0.16% | 0.01% |
| Page Industries Limited | 0.02% | 0.01% |
| Bharat Petroleum Corporation Limited | 0.01% | 0.03% |
| Eicher Motors Limited | 0.01% | 0.36% |
| Godrej Consumer Products Limited | 0.01% | 0.09% |
| Avenue Supermarts Limited | 0.01% | 0.09% |
| Aditya Birla Capital Limited | 0.01% | 0.08% |
| Trent Limited | 0.01% | 0.12% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 50.4% means 50.4% 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 Axis Arbitrage Fund
| Security | % of fund |
|---|---|
| Axis Money Market Fund - Direct Plan - Growth Option | 13.06% |
| Canara Bank (10/02/2027) | 1.92% |
| National Bank For Agriculture and Rural Development (10/03/2027) | 1.91% |
| Small Industries Dev Bank of India (04/02/2027) | 1.87% |
| Canara Bank (02/02/2027) | 1.68% |
Largest holdings only in ICICI Prudential Arbitrage Fund
| Security | % of fund |
|---|---|
| ICICI Prudential Money Market Fund - Direct Plan - Growth | 14.97% |
| Union Bank Of India | 1.92% |
| Union Bank Of India | 1.78% |
| HDFC Bank Ltd. | 1.37% |
| Multi Commodity Exchange Of India Ltd. | 0.89% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Axis Arbitrage | ICICI Prudential Arbitrage |
|---|---|---|
| Equity | 69.7% | 71.1% |
| Debt | 17.2% | 11.9% |
| Cash and others | 13.1% | 17.0% |
Market cap of stocks
| Market cap | Axis Arbitrage | ICICI Prudential Arbitrage |
|---|---|---|
| Large Cap | 54.4% | 54.2% |
| Mid Cap | 12.1% | 14.7% |
| Small Cap | 3.2% | 2.2% |
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 | Axis Arbitrage | ICICI Prudential Arbitrage |
|---|---|---|
| Banks | 18.6% | 14.4% |
| Finance | 6.3% | 6.1% |
| Telecom - Services | 4.5% | 5.4% |
| Petroleum Products | 4.3% | 5.1% |
| Power | 2.5% | 4.5% |
| Ferrous Metals | 3.8% | 3.6% |
| Pharmaceuticals & Biotechnology | 3.6% | 3.7% |
The six largest sectors of each fund's stocks, % of the fund.
Axis Arbitrage vs ICICI Prudential Arbitrage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Axis Arbitrage Fund | ICICI Prudential Arbitrage Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.40% | 1.63% |
| Base expense ratio (Direct) | 0.27% | 0.34% |
| Total expense ratio (Regular) | 2.09% | 2.16% |
| Base expense ratio (Regular) | 0.86% | 0.79% |
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 Axis Arbitrage with
Axis Arbitrage Fund vs ICICI Prudential Arbitrage Fund: Frequently Asked Questions
What is the difference between Axis Arbitrage Fund and ICICI Prudential Arbitrage Fund?
Both are Arbitrage funds, run by Axis Mutual Fund and ICICI Prudential Mutual Fund. Their portfolios overlap 50.4%. Axis Arbitrage Fund charges 1.40% a year and ICICI Prudential Arbitrage Fund 1.63%.
Which has given higher returns, Axis Arbitrage Fund or ICICI Prudential Arbitrage Fund?
Over 1 year: Axis Arbitrage Fund +6.68%, ICICI Prudential Arbitrage Fund +6.62%. Over 3 years: Axis Arbitrage Fund +7.31% a year, ICICI Prudential Arbitrage Fund +7.27% a year. Over 5 years: Axis Arbitrage Fund +6.84% a year, ICICI Prudential Arbitrage Fund +6.77% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Axis Arbitrage Fund or ICICI Prudential Arbitrage Fund?
Axis Arbitrage Fund charges less: 1.40% a year against 1.63%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Axis Arbitrage Fund and ICICI Prudential Arbitrage Fund overlap?
50.4%. They hold 136 of the same securities, the largest shared ones being RELIANCE, HDFCBANK, SBIN. From each fund's latest monthly portfolio.
Which is better for SIP, Axis Arbitrage Fund or ICICI Prudential Arbitrage Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,31,700 in Axis Arbitrage Fund (XIRR 7.1% a year) and ₹7,31,362 in ICICI Prudential Arbitrage Fund (XIRR 7.1% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Axis Arbitrage Fund and ICICI Prudential Arbitrage Fund?
Yes. 50.4% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Axis Arbitrage Fund and ICICI Prudential Arbitrage Fund?
Axis Arbitrage Fund: Devang Shah, Sachin Jain. ICICI Prudential Arbitrage Fund: Archana Nair, Nikhil Kabra, Ajaykumar Solanki, Darshil Dedhia.
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.