Axis Arbitrage Fund vs Kotak Arbitrage Fund
Direct Plan, Growth option · Data as on 30-10-2026
Axis Arbitrage Fund and Kotak Arbitrage Fund are both Arbitrage funds. In the 3 years to 30-10-2026, Axis Arbitrage Fund (Direct) returned 7.3% a year and Kotak Arbitrage Fund (Direct) returned 7.4% a year. Axis Arbitrage Fund charges 1.40% a year and Kotak Arbitrage Fund 2.31% (Direct plans). Their portfolios overlap 47.5%: they hold 132 of the same securities.
Which is better, Axis Arbitrage or Kotak Arbitrage? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Kotak Arbitrage returned more over 5 years: 7.0% a year against 6.8%.
- Kotak Arbitrage returned more over 3 years: 7.4% a year against 7.3%.
- Axis Arbitrage costs less: 1.40% a year against 2.31% (Direct plans).
- Axis Arbitrage swung less over 3 years: a standard deviation of 1.0% a year against 1.1%.
- Kotak Arbitrage fell less in its worst fall since 21-08-2014: −0.6% against −0.6%.
- Kotak Arbitrage is the larger fund: ₹75,275 Cr against ₹10,168 Cr.
- Their portfolios overlap 47.5%: 132 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 | Kotak Arbitrage Fund |
|---|---|---|
| Fund house | Axis Mutual Fund | Kotak Mahindra Mutual Fund |
| Category | Arbitrage | Arbitrage |
| AUM | ₹10,168 Cr (30-09-2026) | ₹75,275 Cr (30-09-2026) |
| NAV | ₹22.09 (Direct) | ₹43.60 (Direct) |
| Expense ratio (Direct) | 1.40% | 2.31% |
| Expense ratio (Regular) | 2.09% | 2.89% |
| Riskometer | Low | Low |
| Benchmark | Nifty 50 Arbitrage Index | Nifty 50 Arbitrage Index |
| Launch date | 14-08-2014 | 29-09-2005 |
| Minimum investment | ₹500 | ₹100 |
| Lock in | None | None |
| Fund managers | Devang Shah, Sachin Jain | Hiten Shah |
| Exit load | Exit load of 0.25% if redeemed within 15 days. | Exit load of 0.25% if redeemed within 30 days |
Axis Arbitrage vs Kotak 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% |
| Kotak Arbitrage Fund (Direct) | +0.55% | +1.55% | +3.29% | +6.75% | +7.43% | +6.98% | +6.46% |
| 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 Kotak Arbitrage: Year-wise Returns
| Year | AxisAxis Arbitrage | KotakKotak Arbitrage |
|---|---|---|
| 2026to date | +5.44% | +5.53% |
| 2025 | +7.06% | +7.06% |
| 2024 | +8.26% | +8.47% |
| 2023 | +7.68% | +8.01% |
| 2022 | +4.95% | +5.14% |
| 2021 | +4.61% | +4.56% |
Axis Arbitrage vs Kotak 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)
Kotak 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% |
| Kotak Arbitrage | 0.0 | 10.2 | 89.8 | 0.0 | 0.0 | 0.0 | 0.0 | 6.5% | 6.7% | 4.7% | 8.0% |
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 Kotak 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% |
| Kotak ArbitrageKotak Arbitrage Fund (Direct) | ₹14,70,000 | ₹22,36,403 | ₹7,66,403 | 6.6% |
Axis ArbitrageAxis Arbitrage Fund (Direct)
Kotak ArbitrageKotak 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 Kotak 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) | Kotak Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.68% | +6.75% |
| Standard deviation | 1.33% | 1.38% |
| Sharpe ratio | 1.08 | 1.09 |
| Sortino ratio | 1.66 | 1.65 |
| Maximum drawdown | −0.4% (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 | Axis Arbitrage Fund (Direct) | Kotak Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.31% | +7.43% |
| Standard deviation | 1.05% | 1.10% |
| Sharpe ratio | 1.23 | 1.28 |
| Sortino ratio | 1.88 | 1.96 |
| Maximum drawdown | −0.4% (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 | Axis Arbitrage Fund (Direct) | Kotak Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.84% | +6.98% |
| Standard deviation | 0.97% | 1.01% |
| Sharpe ratio | 1.07 | 1.16 |
| Sortino ratio | 1.63 | 1.78 |
| Maximum drawdown | −0.4% (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 | Axis Arbitrage Fund (Direct) | Kotak Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.70% | +7.07% |
| Standard deviation | 1.02% | 1.02% |
| Sharpe ratio | 0.95 | 1.00 |
| Sortino ratio | 1.41 | 1.52 |
| 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)
Kotak 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% |
| Kotak Arbitrage Fund (Direct) | −0.6% | 29-05-2020 | 03-06-2020 | 14-08-2020 | 2 months | −0.0% |
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)
Kotak 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)
Kotak 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)
Kotak Arbitrage Fund (Direct)
Axis Arbitrage vs Kotak Arbitrage: Portfolio Overlap
From each fund's latest monthly portfolio: Axis Arbitrage Fund, September 2026; Kotak Arbitrage Fund, September 2026
Holdings in common
- Overlap
- 47.5%
- Held by both
- 132
- Only in Axis Arbitrage
- 22
- Only in Kotak Arbitrage
- 62
| Security | % of Axis Arbitrage | % of Kotak Arbitrage |
|---|---|---|
| ICICI Bank Limited | 3.83% | 4.17% |
| Reliance Industries Limited | 3.77% | 3.06% |
| HDFC Bank Limited | 4.06% | 2.03% |
| Tata Steel Limited | 1.83% | 1.53% |
| Bharti Airtel Limited | 2.22% | 1.45% |
| Axis Bank Limited | 1.38% | 2.94% |
| State Bank of India | 2.63% | 1.35% |
| Small Industries Dev Bank of India (18/02/2027) | 1.29% | 1.36% |
| Bajaj Finance Limited | 1.43% | 1.20% |
| Coal India Limited | 1.19% | 1.18% |
| Hindalco Industries Limited | 1.16% | 1.31% |
| Infosys Limited | 1.15% | 1.25% |
| Vodafone Idea Limited | 1.14% | 1.30% |
| Adani Power Limited | 1.01% | 1.43% |
| Divi's Laboratories Limited | 1.25% | 0.96% |
| Cholamandalam Investment and Finance Company Ltd | 1.13% | 0.88% |
| Cummins India Limited | 1.40% | 0.82% |
| ITC Limited | 0.76% | 0.85% |
| JSW Steel Limited | 1.04% | 0.74% |
| Indus Towers Limited | 1.12% | 0.65% |
| APL Apollo Tubes Limited | 0.70% | 0.61% |
| Hindustan Unilever Limited | 1.18% | 0.57% |
| Yes Bank Limited | 0.66% | 0.56% |
| Canara Bank | 1.19% | 0.55% |
| Kotak Mahindra Bank Limited | 1.58% | 0.47% |
| Bank of Baroda | 0.47% | 0.69% |
| GE Vernova T&D India Limited | 0.47% | 0.55% |
| NTPC Limited | 0.47% | 0.64% |
| Varun Beverages Limited | 0.72% | 0.46% |
| Adani Energy Solutions Limited | 0.43% | 0.72% |
| NMDC Limited | 0.60% | 0.41% |
| The Indian Hotels Company Limited | 0.41% | 0.52% |
| Ambuja Cements Limited | 0.41% | 0.44% |
| Godrej Properties Limited | 0.42% | 0.40% |
| Adani Green Energy Limited | 0.38% | 0.58% |
| Bharat Forge Limited | 0.41% | 0.36% |
| Steel Authority of India Limited | 0.80% | 0.35% |
| Apollo Hospitals Enterprise Limited | 0.68% | 0.35% |
| Hindustan Aeronautics Limited | 0.47% | 0.35% |
| Indian Oil Corporation Limited | 0.35% | 0.69% |
| Jio Financial Services Limited | 1.07% | 0.34% |
| HDFC Life Insurance Company Limited | 0.68% | 0.33% |
| Ashok Leyland Limited | 0.33% | 0.35% |
| Maruti Suzuki India Limited | 0.33% | 0.66% |
| Adani Enterprises Limited | 1.31% | 0.32% |
| Biocon Limited | 0.78% | 0.32% |
| Glenmark Pharmaceuticals Limited | 0.93% | 0.30% |
| Muthoot Finance Limited | 0.30% | 0.30% |
| Lupin Limited | 0.28% | 0.59% |
| LIC Housing Finance Limited | 0.70% | 0.27% |
| Bandhan Bank Limited | 0.31% | 0.27% |
| Power Finance Corporation Limited | 0.27% | 0.80% |
| Tata Motors Passenger Vehicles Limited | 0.24% | 0.43% |
| Coforge Limited | 0.24% | 0.78% |
| UPL Limited | 0.24% | 0.27% |
| Crompton Greaves Consumer Electricals Limited | 0.61% | 0.23% |
| HDFC Asset Management Company Limited | 0.23% | 0.28% |
| Manappuram Finance Limited | 0.87% | 0.21% |
| Tata Consumer Products Limited | 0.21% | 0.67% |
| Life Insurance Corporation Of India | 0.69% | 0.20% |
| Astral Limited | 0.35% | 0.19% |
| Bank of India | 0.31% | 0.19% |
| Bharat Heavy Electricals Limited | 2.64% | 0.18% |
| Swiggy Limited | 0.18% | 0.75% |
| Fortis Healthcare Limited | 0.18% | 0.22% |
| Marico Limited | 0.18% | 0.34% |
| Punjab National Bank | 0.79% | 0.17% |
| Union Bank of India | 0.17% | 0.25% |
| UltraTech Cement Limited | 0.81% | 0.16% |
| Jindal Steel Limited | 0.16% | 0.41% |
| SBI Cards and Payment Services Limited | 0.25% | 0.15% |
| Hitachi Energy India Limited | 0.16% | 0.15% |
| Container Corporation of India Limited | 0.58% | 0.14% |
| Hindustan Petroleum Corporation Limited | 0.14% | 0.44% |
| Aurobindo Pharma Limited | 0.14% | 0.39% |
| Bajaj Auto Limited | 0.14% | 0.52% |
| Samvardhana Motherson International Limited | 0.13% | 0.62% |
| Bharat Electronics Limited | 1.30% | 0.12% |
| Indian Energy Exchange Limited | 0.26% | 0.12% |
| Info Edge (India) Limited | 0.12% | 0.59% |
| Torrent Pharmaceuticals Limited | 0.12% | 0.63% |
| JSW Energy Limited | 0.11% | 0.27% |
| PNB Housing Finance Limited | 0.11% | 0.29% |
| SRF Limited | 0.11% | 0.22% |
| PB Fintech Limited | 0.10% | 0.67% |
| Laurus Labs Limited | 0.10% | 0.18% |
| United Spirits Limited | 0.16% | 0.09% |
| Tata Power Company Limited | 0.09% | 0.25% |
| Mphasis Limited | 0.09% | 0.27% |
| Shriram Finance Limited | 0.09% | 0.59% |
| Asian Paints Limited | 0.09% | 0.08% |
| Pidilite Industries Limited | 0.09% | 0.08% |
| KEI Industries Limited | 0.08% | 0.14% |
| Bank of Baroda (25/01/2027) | 1.20% | 0.07% |
| Max Financial Services Limited | 0.08% | 0.07% |
| Larsen & Toubro Limited | 0.06% | 0.29% |
| IDFC First Bank Limited | 0.06% | 0.47% |
| TVS Motor Company Limited | 0.06% | 0.94% |
| Suzlon Energy Limited | 0.05% | 0.22% |
| Supreme Industries Limited | 0.05% | 0.13% |
| Hindustan Zinc Limited | 0.05% | 0.52% |
| Patanjali Foods Limited | 0.05% | 0.21% |
| Tube Investments of India Limited | 0.05% | 0.32% |
| Inox Wind Limited | 0.09% | 0.04% |
| NBCC (India) Limited | 0.04% | 0.06% |
| Mahindra & Mahindra Limited | 0.04% | 0.46% |
| GAIL (India) Limited | 0.04% | 0.44% |
| National Aluminium Company Limited | 0.04% | 0.17% |
| Vedanta Limited | 0.04% | 0.31% |
| Kalyan Jewellers India Limited | 0.04% | 0.25% |
| InterGlobe Aviation Limited | 0.04% | 0.34% |
| One 97 Communications Limited | 0.04% | 0.57% |
| Sagility Limited | 0.03% | 0.16% |
| Radico Khaitan Limited | 0.03% | 0.24% |
| Sun Pharmaceutical Industries Limited | 0.02% | 0.17% |
| Cipla Limited | 0.02% | 0.30% |
| Delhivery Limited | 0.02% | 0.36% |
| Oil & Natural Gas Corporation Limited | 0.02% | 0.11% |
| Titan Company Limited | 0.02% | 0.31% |
| Bank of Maharashtra | 0.02% | 0.12% |
| PG Electroplast Limited | 0.02% | 0.14% |
| Computer Age Management Services Limited | 0.02% | 0.12% |
| Eternal Limited | 0.02% | 0.13% |
| Page Industries Limited | 0.02% | 0.12% |
| Bajaj Finserv Limited | 0.02% | 0.25% |
| Dabur India Limited | 0.02% | 0.01% |
| Bharat Petroleum Corporation Limited | 0.01% | 0.44% |
| Eicher Motors Limited | 0.01% | 0.40% |
| Godrej Consumer Products Limited | 0.01% | 0.01% |
| Avenue Supermarts Limited | 0.01% | 0.08% |
| Aditya Birla Capital Limited | 0.01% | 0.30% |
| Trent Limited | 0.01% | 0.06% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 47.5% means 47.5% 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 Kotak Arbitrage Fund
| Security | % of fund |
|---|---|
| Kotak Money Market Fund Direct Growth | 9.78% |
| Kotak Savings Fund Direct Growth | 4.98% |
| Kotak Ultra Short to Short Term Fund | 3.86% |
| Kotak Liquid Direct Growth | 3.13% |
| HDFC BANK LTD. | 1.94% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Axis Arbitrage | Kotak Arbitrage |
|---|---|---|
| Equity | 69.7% | 71.1% |
| Debt | 17.2% | 5.8% |
| Cash and others | 13.1% | 23.1% |
Market cap of stocks
| Market cap | Axis Arbitrage | Kotak Arbitrage |
|---|---|---|
| Large Cap | 54.4% | 52.1% |
| Mid Cap | 12.1% | 16.4% |
| Small Cap | 3.2% | 2.6% |
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 | Kotak Arbitrage |
|---|---|---|
| Banks | 18.6% | 14.4% |
| Finance | 6.3% | 5.7% |
| Petroleum Products | 4.3% | 4.6% |
| Telecom - Services | 4.5% | 3.4% |
| Pharmaceuticals and Biotechnology | 0.0% | 4.2% |
| Power | 2.5% | 3.9% |
| Ferrous Metals | 3.8% | 3.0% |
| IT - Software | 1.5% | 3.8% |
| Pharmaceuticals & Biotechnology | 3.6% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
Axis Arbitrage vs Kotak Arbitrage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Axis Arbitrage Fund | Kotak Arbitrage Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.40% | 2.31% |
| Base expense ratio (Direct) | 0.27% | 0.33% |
| Total expense ratio (Regular) | 2.09% | 2.89% |
| Base expense ratio (Regular) | 0.86% | 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 Axis Arbitrage with
Axis Arbitrage Fund vs Kotak Arbitrage Fund: Frequently Asked Questions
What is the difference between Axis Arbitrage Fund and Kotak Arbitrage Fund?
Both are Arbitrage funds, run by Axis Mutual Fund and Kotak Mahindra Mutual Fund. Their portfolios overlap 47.5%. Axis Arbitrage Fund charges 1.40% a year and Kotak Arbitrage Fund 2.31%.
Which has given higher returns, Axis Arbitrage Fund or Kotak Arbitrage Fund?
Over 1 year: Axis Arbitrage Fund +6.68%, Kotak Arbitrage Fund +6.75%. Over 3 years: Axis Arbitrage Fund +7.31% a year, Kotak Arbitrage Fund +7.43% a year. Over 5 years: Axis Arbitrage Fund +6.84% a year, Kotak Arbitrage Fund +6.98% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Axis Arbitrage Fund or Kotak Arbitrage Fund?
Axis Arbitrage Fund charges less: 1.40% a year against 2.31%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Axis Arbitrage Fund and Kotak Arbitrage Fund overlap?
47.5%. They hold 132 of the same securities, the largest shared ones being ICICIBANK, RELIANCE, HDFCBANK. From each fund's latest monthly portfolio.
Which is riskier, Axis Arbitrage Fund or Kotak Arbitrage Fund?
On SEBI's riskometer, Axis Arbitrage Fund is rated Low and Kotak Arbitrage Fund Low. Over 3 years, the standard deviation of daily returns was 1.05% and 1.10% a year.
Which is better for SIP, Axis Arbitrage Fund or Kotak 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 ₹7,34,378 in Kotak Arbitrage Fund (XIRR 7.2% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Axis Arbitrage Fund and Kotak Arbitrage Fund?
Yes. 47.5% 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 Kotak Arbitrage Fund?
Axis Arbitrage Fund: Devang Shah, Sachin Jain. Kotak Arbitrage Fund: Hiten Shah.
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.