Bajaj Finserv Large Cap Fund vs Groww Arbitrage Fund
Direct Plan, Growth option · Data as on 30-10-2026
Bajaj Finserv Large Cap Fund is a Large Cap fund and Groww Arbitrage Fund is an Arbitrage fund. Bajaj Finserv Large Cap Fund charges 1.19% a year and Groww Arbitrage Fund 1.86% (Direct plans). Their portfolios overlap 35.0%: they hold 11 of the same securities.
Which is better, Bajaj Finserv Large Cap or Groww Arbitrage? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Bajaj Finserv Large Cap costs less: 1.19% a year against 1.86% (Direct plans).
- Groww Arbitrage fell less in its worst fall since 29-04-2026: −0.6% against −9.3%.
- Bajaj Finserv Large Cap holds more in large companies: 89.8% of the fund in large caps against 63.5%.
- Bajaj Finserv Large Cap is the larger fund: ₹1,560 Cr against ₹70 Cr.
- Their portfolios overlap 35.0%: 11 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 | Bajaj Finserv Large Cap Fund | Groww Arbitrage Fund |
|---|---|---|
| Fund house | Bajaj Finserv Mutual Fund | Groww Mutual Fund |
| Category | Large Cap | Arbitrage |
| AUM | ₹1,560 Cr (30-09-2026) | ₹70 Cr (30-09-2026) |
| NAV | ₹10.00 (Direct) | ₹10.31 (Direct) |
| Expense ratio (Direct) | 1.19% | 1.86% |
| Expense ratio (Regular) | 2.72% | 2.56% |
| Riskometer | Very High | Low to Moderate |
| Benchmark | Nifty 100 TRI | Nifty 50 Arbitrage TRI |
| Launch date | 20-08-2024 | 28-04-2026 |
| Minimum investment | ₹500 | ₹500 |
| Lock in | None | None |
| Fund managers | Nimesh Chandan, Sorbh Gupta, Siddharth Chaudhary | Paras Matalia, Shashi Kumar, Wilfred Gonsalves |
| Exit load | Exit load of 1%, if redeemed within 6 months. | • 0.25% if redeemed within 30 Days from thedate of allotment. • Nil - if redeemed after 30 Days from the dateof allotment |
Bajaj Finserv Large Cap vs Groww 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 |
|---|---|---|---|---|---|---|---|
| Bajaj Finserv Large Cap Fund (Direct) | +0.40% | −4.41% | −0.80% | −4.47% | -- | -- | -- |
| Groww Arbitrage Fund (Direct) | +0.60% | +1.45% | +3.08% | -- | -- | -- | -- |
| Large Cap average | +0.62% | −4.36% | −1.05% | −6.33% | -- | -- | -- |
| Arbitrage average | +0.56% | +1.52% | +3.20% | -- | -- | -- | -- |
Category average: the average of the 35 Large Cap funds and the 39 Arbitrage funds, same plan type.
Bajaj Finserv Large Cap vs Groww Arbitrage: Year-wise Returns
| Year | Bajaj Finserv Large CapBajaj Finserv Large Cap | Groww ArbitrageGroww Arbitrage |
|---|---|---|
| 2026to date | −5.59% | -- |
| 2025 | +10.11% | -- |
Bajaj Finserv Large Cap vs Groww Arbitrage: Rolling Returns
Every holding period of both funds, against Nifty 100 TRI, the benchmark of Bajaj Finserv Large Cap Fund
Bajaj Finserv Large Cap vs Groww Arbitrage: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Bajaj Finserv Large Cap Fund (Direct) | Groww Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | −0.32% | +6.13% |
| Standard deviation | 12.68% | 2.14% |
| Sharpe ratio | -0.48 | 0.40 |
| Sortino ratio | -0.65 | 0.59 |
| Maximum drawdown | −16.9% (28-02-2025) | −0.6% (06-08-2026) |
| Beta | 0.93 | -- |
| Alpha | +1.54% | -- |
From daily NAVs, 23-08-2024 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.
Bajaj Finserv Large Cap Fund (Direct)
Groww Arbitrage Fund (Direct)
Nifty 100 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Bajaj Finserv Large Cap Fund (Direct) | −9.3% | 03-08-2026 | 08-10-2026 | Not yet | -- | −6.9% |
| Groww Arbitrage Fund (Direct) | −0.6% | 03-08-2026 | 06-08-2026 | 01-09-2026 | 26 days | −0.1% |
| Nifty 100 TRI | −10.0% | 03-08-2026 | 08-10-2026 | Not yet | -- | −7.3% |
From daily values since 29-04-2026, the first day every fund has.
Bajaj Finserv Large Cap vs Groww Arbitrage: Portfolio Overlap
From each fund's latest monthly portfolio: Bajaj Finserv Large Cap Fund, September 2026; Groww Arbitrage Fund, September 2026
Holdings in common
- Overlap
- 35.0%
- Held by both
- 11
- Only in Bajaj Finserv Large Cap
- 21
- Only in Groww Arbitrage
- 30
| Security | % of Bajaj Finserv Large Cap | % of Groww Arbitrage |
|---|---|---|
| ICICI Bank Limited | 8.43% | 8.50% |
| HDFC Bank Limited | 9.11% | 6.35% |
| Reliance Industries Limited | 5.66% | 6.90% |
| Divi's Laboratories Limited | 5.43% | 4.94% |
| Tata Steel Limited | 3.63% | 2.84% |
| Canara Bank | 2.47% | 5.79% |
| Bajaj Finance Limited | 3.02% | 2.38% |
| Bharti Airtel Limited | 3.98% | 0.84% |
| State Bank of India | 3.44% | 0.52% |
| TVS Motor Company Limited | 2.05% | 0.52% |
| Sun Pharmaceutical Industries Limited | 0.97% | 0.09% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 35.0% means 35.0% 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 Large Cap Fund
| Security | % of fund |
|---|---|
| Grasim Industries Limited | 4.13% |
| LG Electronics India Ltd | 3.78% |
| DLF Limited | 3.68% |
| SBI Life Insurance Company Limited | 3.46% |
| Vedanta Aluminium Metal Limited | 3.33% |
Largest holdings only in Groww Arbitrage Fund
| Security | % of fund |
|---|---|
| Groww Mutual Fund | 22.19% |
| Life Insurance Corporation Of India | 6.75% |
| Solar Industries India Limited | 4.24% |
| The Federal Bank Limited | 3.76% |
| Indus Towers Limited | 2.28% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Bajaj Finserv Large Cap | Groww Arbitrage |
|---|---|---|
| Equity | 97.3% | 73.1% |
| Debt | 0.0% | 0.0% |
| Cash and others | 2.7% | 26.9% |
Market cap of stocks
| Market cap | Bajaj Finserv Large Cap | Groww Arbitrage |
|---|---|---|
| Large Cap | 89.8% | 63.5% |
| Mid Cap | 7.5% | 8.3% |
| Small Cap | 0.0% | 1.3% |
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 | Bajaj Finserv Large Cap | Groww Arbitrage |
|---|---|---|
| Banks | 23.4% | 29.9% |
| Consumer Durables | 8.3% | 0.4% |
| Petroleum Products | 5.7% | 6.9% |
| Insurance | 3.5% | 6.8% |
| Pharmaceuticals & Biotechnology | 6.7% | 5.0% |
| Finance | 5.7% | 4.5% |
| Automobiles | 4.5% | 0.7% |
| Chemicals & Petrochemicals | 0.0% | 4.2% |
The six largest sectors of each fund's stocks, % of the fund.
Bajaj Finserv Large Cap vs Groww Arbitrage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Bajaj Finserv Large Cap Fund | Groww Arbitrage Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.19% | 1.86% |
| Base expense ratio (Direct) | 0.52% | 0.21% |
| Total expense ratio (Regular) | 2.72% | 2.56% |
| Base expense ratio (Regular) | 1.81% | 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 Bajaj Finserv Large Cap with
Bajaj Finserv Large Cap Fund vs Groww Arbitrage Fund: Frequently Asked Questions
What is the difference between Bajaj Finserv Large Cap Fund and Groww Arbitrage Fund?
Bajaj Finserv Large Cap Fund is a Large Cap fund, Groww Arbitrage Fund is an Arbitrage fund, run by Bajaj Finserv Mutual Fund and Groww Mutual Fund. Their portfolios overlap 35.0%. Bajaj Finserv Large Cap Fund charges 1.19% a year and Groww Arbitrage Fund 1.86%.
Which has the lower expense ratio, Bajaj Finserv Large Cap Fund or Groww Arbitrage Fund?
Bajaj Finserv Large Cap Fund charges less: 1.19% a year against 1.86%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Bajaj Finserv Large Cap Fund and Groww Arbitrage Fund overlap?
35.0%. They hold 11 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, RELIANCE. From each fund's latest monthly portfolio.
Which is riskier, Bajaj Finserv Large Cap Fund or Groww Arbitrage Fund?
On SEBI's riskometer, Bajaj Finserv Large Cap Fund is rated Very High and Groww Arbitrage Fund Low to Moderate. Over their common history, the standard deviation of daily returns was 12.68% and 2.14% a year.
Can I invest in both Bajaj Finserv Large Cap Fund and Groww Arbitrage Fund?
Yes. 35.0% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Bajaj Finserv Large Cap Fund and Groww Arbitrage Fund?
Bajaj Finserv Large Cap Fund: Nimesh Chandan, Sorbh Gupta, Siddharth Chaudhary. Groww Arbitrage Fund: Paras Matalia, Shashi Kumar, Wilfred Gonsalves.
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.