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    Bajaj Finserv Arbitrage Fund vs Edelweiss Arbitrage Fund

    Direct Plan, Growth option · Data as on 30-10-2026

    Bajaj Finserv Arbitrage Fund and Edelweiss Arbitrage Fund are both Arbitrage funds. In the 3 years to 30-10-2026, Bajaj Finserv Arbitrage Fund (Direct) returned 7.0% a year and Edelweiss Arbitrage Fund (Direct) returned 7.4% a year. Bajaj Finserv Arbitrage Fund charges 1.29% a year and Edelweiss Arbitrage Fund 1.53% (Direct plans). Their portfolios overlap 44.8%: they hold 112 of the same securities.

    Bajaj Finserv Arbitrage Fund

    Arbitrage

    3 year return
    7.0%
    Expense ratio
    1.29%
    NAV
    ₹12.36
    See Bajaj Finserv Arbitrage Fund

    Edelweiss Arbitrage Fund

    Arbitrage

    3 year return
    7.4%
    Expense ratio
    1.53%
    NAV
    ₹22.63
    See Edelweiss Arbitrage Fund

    Which is better, Bajaj Finserv Arbitrage or Edelweiss Arbitrage? Key differences

    It depends on what you want from the fund. These are the differences in numbers, from the data on this page.

    • Edelweiss Arbitrage returned more over 3 years: 7.4% a year against 7.0%.
    • Edelweiss Arbitrage returned more over 1 year: 6.7% against 6.6%.
    • Bajaj Finserv Arbitrage costs less: 1.29% a year against 1.53% (Direct plans).
    • Edelweiss Arbitrage swung less over 3 years: a standard deviation of 1.1% a year against 1.1%.
    • Bajaj Finserv Arbitrage fell less in its worst fall since 18-09-2023: −0.4% against −0.4%.
    • Edelweiss Arbitrage is the larger fund: ₹14,250 Cr against ₹1,375 Cr.
    • Their portfolios overlap 44.8%: 112 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

    FactBajaj Finserv Arbitrage FundEdelweiss Arbitrage Fund
    Fund houseBajaj Finserv Mutual FundEdelweiss Mutual Fund
    CategoryArbitrageArbitrage
    AUM₹1,375 Cr (30-09-2026)₹14,250 Cr (30-09-2026)
    NAV₹12.36 (Direct)₹22.63 (Direct)
    Expense ratio (Direct)1.29%1.53%
    Expense ratio (Regular)1.99%2.20%
    RiskometerLowLow
    BenchmarkNifty 50 Arbitrage TRINifty 50 Arbitrage Index
    Launch date15-09-202327-06-2014
    Minimum investment₹500₹100
    Lock inNoneNone
    Fund managersIlesh Savla, Siddharth ChaudharyBhavesh Jain, Amit Vora, Rahul Dedhia, Hetul Raval
    Exit loadEntry load – not applicable Exit load – 0.25% of applicable NAV if redeemed/switched out within 15 days from the date of allotment. Nil if redeemed/switched out after 15 days from the date of allotment."Exit Load: • 0.25% if units are redeemed/switched out on or before 15 days from the date of allotment • Nil if units are redeemed/switched out after 15 days"

    Bajaj Finserv Arbitrage vs Edelweiss Arbitrage: Returns Comparison

    Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

    Fund1M3M6M1Y3Y5Y10Y
    Bajaj Finserv Arbitrage Fund (Direct)+0.50%+1.50%+3.18%+6.61%+6.98%----
    Edelweiss Arbitrage Fund (Direct)+0.53%+1.49%+3.25%+6.66%+7.37%+6.92%+6.52%
    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.

    Bajaj Finserv Arbitrage vs Edelweiss Arbitrage: Year-wise Returns

    YearBajaj FinservBajaj Finserv ArbitrageEdelweissEdelweiss Arbitrage
    2026to date+5.41%+5.42%
    2025+6.75%+7.07%
    2024+7.61%+8.44%
    2023--+7.89%
    2022--+5.11%
    2021--+4.58%

    Bajaj Finserv Arbitrage vs Edelweiss Arbitrage: Rolling Returns

    Every holding period of both funds

    Rolling returns

    Every 3-year holding period, 27 of them, one for each trading day from 18-09-2026 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.

    0%2%4%6%8%
    Sept 2023
    to
    Sept 2026
    Sept 2023
    to
    Sept 2026
    Oct 2023
    to
    Oct 2026
    Oct 2023
    to
    Oct 2026
    Oct 2023
    to
    Oct 2026
    Oct 2023
    to
    Oct 2026
    Bajaj Finserv Arbitrage Fund (Direct)Edelweiss Arbitrage Fund (Direct)

    How the periods spread

    FundBelow 0%0-5%5-10%10-15%15-20%20-25%Above 25%MeanMedianLowestHighest
    Bajaj Finserv Arbitrage0.00.0100.00.00.00.00.07.0%7.0%6.9%7.0%
    Edelweiss Arbitrage0.00.0100.00.00.00.00.07.4%7.4%7.3%7.5%

    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 18-09-2023. Past returns do not promise future returns.

    Bajaj Finserv Arbitrage vs Edelweiss 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

    Step up each year
    PeriodFor

    ₹10,000 on the first trading day of every month, from 18-09-2023 to 30-10-2026: 38 instalments, ₹3,80,000 in all.

    InvestmentInvestedValue nowGainReturn a year
    Bajaj Finserv ArbitrageBajaj Finserv Arbitrage Fund (Direct) ₹3,80,000 ₹4,23,141 ₹43,141 6.8%
    Edelweiss ArbitrageEdelweiss Arbitrage Fund (Direct) ₹3,80,000 ₹4,24,839 ₹44,839 7.0%
    ₹0₹1.0 L₹2.0 L₹3.0 L₹4.0 L₹5.0 L
    202420252026
    Bajaj Finserv ArbitrageBajaj Finserv Arbitrage Fund (Direct)Edelweiss ArbitrageEdelweiss 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.

    Bajaj Finserv Arbitrage vs Edelweiss Arbitrage: Risk and Drawdowns

    How much each fund swings, and the worst fall over the same days

    Risk and return

    MeasureBajaj Finserv Arbitrage Fund (Direct)Edelweiss Arbitrage Fund (Direct)
    Return (CAGR)+6.98%+7.37%
    Standard deviation1.10%1.05%
    Sharpe ratio0.871.27
    Sortino ratio1.321.98
    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.

    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.

    −0.5%−0.4%−0.3%−0.2%−0.1%0%
    202420252026
    Bajaj Finserv Arbitrage Fund (Direct)Edelweiss Arbitrage Fund (Direct)
    FundWorst fallHigh before itBottomBack at the highTime to climb backBelow its high today
    Bajaj Finserv Arbitrage Fund (Direct)−0.4%03-08-202606-08-202624-08-202618 days−0.0%
    Edelweiss Arbitrage Fund (Direct)−0.4%03-08-202606-08-202624-08-202618 days−0.0%

    From daily values since 18-09-2023, 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 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.

    0%0.2%0.4%0.6%0.8%1%1.2%
    Bajaj Finserv Arbitrage Fund (Direct)Edelweiss Arbitrage Fund (Direct)

    Bajaj Finserv Arbitrage vs Edelweiss Arbitrage: Portfolio Overlap

    From each fund's latest monthly portfolio: Bajaj Finserv Arbitrage Fund, September 2026; Edelweiss Arbitrage Fund, September 2026

    Holdings in common

    Overlap
    44.8%
    Held by both
    112
    Only in Bajaj Finserv Arbitrage
    11
    Only in Edelweiss Arbitrage
    79
    Security% of Bajaj Finserv Arbitrage% of Edelweiss Arbitrage
    ICICI Bank Limited6.41%5.42%
    HDFC Bank Limited6.18%5.01%
    Reliance Industries Limited5.21%2.66%
    Bharti Airtel Limited2.08%1.50%
    NTPC Limited1.39%1.37%
    Axis Bank Limited1.35%1.53%
    State Bank of India1.22%1.16%
    Canara Bank2.44%1.15%
    Hindalco Industries Limited1.05%1.08%
    NMDC Limited0.95%1.35%

    Overlap: for each holding both funds own, the smaller of its two weights, added up. 44.8% means 44.8% 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 Bajaj Finserv Arbitrage Fund

    Security% of fund
    Bajaj Finserv Liquid Fund - Direct Plan - Growth13.03%
    Bajaj Finserv Money Market Fund-Direct Plan-Growth12.06%
    Indian Bank (12/01/2027)1.78%
    PB Fintech Limited0.74%
    Solar Industries India Limited0.55%

    Largest holdings only in Edelweiss Arbitrage Fund

    Security% of fund
    EDELWEISS LIQUID FUND - DIRECT PL -GR7.91%
    EDELWEISS MONEY MARKET FUND - DIRECT PL4.08%
    SIDBI CD RED 11-06-20272.00%
    CANARA BANK CD RD 29-06-271.33%
    SIDBI CD RED 18-02-20271.20%

    Asset and sector split

    Share of each fund, from its latest monthly portfolio

    Asset allocation

    AssetBajaj Finserv ArbitrageEdelweiss Arbitrage
    Equity69.8%69.1%
    Debt1.8%16.3%
    Cash and others28.4%14.6%

    Market cap of stocks

    Market capBajaj Finserv ArbitrageEdelweiss Arbitrage
    Large Cap52.9%51.3%
    Mid Cap13.7%14.6%
    Small Cap3.1%3.2%

    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

    SectorBajaj Finserv ArbitrageEdelweiss Arbitrage
    Banks24.4%20.1%
    Finance5.9%3.5%
    Petroleum Products5.3%3.3%
    Power1.9%5.2%
    Telecom - Services3.5%4.8%
    Ferrous Metals3.8%2.7%
    Pharmaceuticals & Biotechnology1.1%3.6%
    Automobiles2.3%2.0%

    The six largest sectors of each fund's stocks, % of the fund.

    Bajaj Finserv Arbitrage vs Edelweiss Arbitrage: Expense Ratio

    What each plan charges a year, from AMFI's expense ratio file

    ChargeBajaj Finserv Arbitrage FundEdelweiss Arbitrage Fund
    Total expense ratio (Direct)1.29%1.53%
    Base expense ratio (Direct)0.31%0.33%
    Total expense ratio (Regular)1.99%2.20%
    Base expense ratio (Regular)0.90%0.90%

    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

    Bajaj Finserv Arbitrage Fund vs Edelweiss Arbitrage Fund: Frequently Asked Questions

    What is the difference between Bajaj Finserv Arbitrage Fund and Edelweiss Arbitrage Fund?

    Both are Arbitrage funds, run by Bajaj Finserv Mutual Fund and Edelweiss Mutual Fund. Their portfolios overlap 44.8%. Bajaj Finserv Arbitrage Fund charges 1.29% a year and Edelweiss Arbitrage Fund 1.53%.

    Which has given higher returns, Bajaj Finserv Arbitrage Fund or Edelweiss Arbitrage Fund?

    Over 1 year: Bajaj Finserv Arbitrage Fund +6.61%, Edelweiss Arbitrage Fund +6.66%. Over 3 years: Bajaj Finserv Arbitrage Fund +6.98% a year, Edelweiss Arbitrage Fund +7.37% a year. As on 30-10-2026. Past returns do not promise future returns.

    Which has the lower expense ratio, Bajaj Finserv Arbitrage Fund or Edelweiss Arbitrage Fund?

    Bajaj Finserv Arbitrage Fund charges less: 1.29% a year against 1.53%. These are the Direct plans' total expense ratios reported to AMFI.

    How much do Bajaj Finserv Arbitrage Fund and Edelweiss Arbitrage Fund overlap?

    44.8%. They hold 112 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, RELIANCE. From each fund's latest monthly portfolio.

    Which is riskier, Bajaj Finserv Arbitrage Fund or Edelweiss Arbitrage Fund?

    On SEBI's riskometer, Bajaj Finserv Arbitrage Fund is rated Low and Edelweiss Arbitrage Fund Low. Over 3 years, the standard deviation of daily returns was 1.10% and 1.05% a year.

    Which is better for SIP, Bajaj Finserv Arbitrage Fund or Edelweiss Arbitrage Fund?

    Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹4,10,793 in Bajaj Finserv Arbitrage Fund (XIRR 6.7% a year) and ₹4,12,302 in Edelweiss Arbitrage Fund (XIRR 7.0% a year). Both received 37 instalments. Past returns do not promise future returns.

    Can I invest in both Bajaj Finserv Arbitrage Fund and Edelweiss Arbitrage Fund?

    Yes. 44.8% of each fund's money sits in the same holdings, so a large part of the two investments would move together.

    Who manages Bajaj Finserv Arbitrage Fund and Edelweiss Arbitrage Fund?

    Bajaj Finserv Arbitrage Fund: Ilesh Savla, Siddharth Chaudhary. Edelweiss Arbitrage Fund: Bhavesh Jain, Amit Vora, Rahul Dedhia, Hetul Raval.

    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.

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