Bandhan Arbitrage Fund vs Invesco India Arbitrage Fund
Direct Plan, Growth option · Data as on 30-10-2026
Bandhan Arbitrage Fund and Invesco India Arbitrage Fund are both Arbitrage funds. In the 3 years to 30-10-2026, Bandhan Arbitrage Fund (Direct) returned 7.3% a year and Invesco India Arbitrage Fund (Direct) returned 7.5% a year. Bandhan Arbitrage Fund charges 1.63% a year and Invesco India Arbitrage Fund 2.20% (Direct plans). Their portfolios overlap 50.5%: they hold 148 of the same securities.
Bandhan Arbitrage Fund
Arbitrage
- 3 year return
- 7.3%
- Expense ratio
- 1.63%
- NAV
- ₹38.12
Invesco India Arbitrage Fund
Arbitrage
- 3 year return
- 7.5%
- Expense ratio
- 2.20%
- NAV
- ₹37.63
Which is better, Bandhan Arbitrage or Invesco India Arbitrage? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Invesco India Arbitrage returned more over 5 years: 7.1% a year against 6.8%.
- Invesco India Arbitrage returned more over 3 years: 7.5% a year against 7.3%.
- Bandhan Arbitrage costs less: 1.63% a year against 2.20% (Direct plans).
- Bandhan Arbitrage swung less over 3 years: a standard deviation of 1.1% a year against 1.1%.
- Invesco India Arbitrage fell less in its worst fall since 17-01-2013: −0.5% against −0.8%.
- Invesco India Arbitrage is the larger fund: ₹30,396 Cr against ₹7,796 Cr.
- Their portfolios overlap 50.5%: 148 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 | Bandhan Arbitrage Fund | Invesco India Arbitrage Fund |
|---|---|---|
| Fund house | Bandhan Mutual Fund | Invesco Mutual Fund |
| Category | Arbitrage | Arbitrage |
| AUM | ₹7,796 Cr (31-08-2026) | ₹30,396 Cr (30-09-2026) |
| NAV | ₹38.12 (Direct) | ₹37.63 (Direct) |
| Expense ratio (Direct) | 1.63% | 2.20% |
| Expense ratio (Regular) | 2.35% | 2.87% |
| Riskometer | Low | Low |
| Benchmark | Nifty 50 Arbitrage Index | Nifty 50 Arbitrage Index |
| Launch date | 21-12-2006 | 30-04-2007 |
| Minimum investment | ₹100 | Not available |
| Lock in | None | None |
| Fund managers | Kapil Kankonkar, Harshal Joshi, Ritika Behera, Gaurav Satra, Brijesh Shah | Deepak Gupta, Pradeep Sukte |
| Exit load | W.e.f 01-Jul-2016 Entry Load: Nil - Exit Load: 0.25% if redeemed / switched out within 1 month from the date of allotment, for all investments (including SIP/STP-in registered) from the effective date. Please refer the scheme information document / addend | Exit load of 0.50% if redeemed within 15 days |
Bandhan Arbitrage vs Invesco India 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 |
|---|---|---|---|---|---|---|---|
| Bandhan Arbitrage Fund (Direct) | +0.53% | +1.49% | +3.16% | +6.48% | +7.27% | +6.78% | +6.33% |
| Invesco India Arbitrage Fund (Direct) | +0.63% | +1.62% | +3.40% | +6.88% | +7.46% | +7.14% | +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.
Bandhan Arbitrage vs Invesco India Arbitrage: Year-wise Returns
| Year | BandhanBandhan Arbitrage | Invesco IndiaInvesco India Arbitrage |
|---|---|---|
| 2026to date | +5.28% | +5.60% |
| 2025 | +7.02% | +7.17% |
| 2024 | +8.31% | +8.32% |
| 2023 | +7.86% | +8.07% |
| 2022 | +4.83% | +5.85% |
| 2021 | +4.24% | +4.15% |
Bandhan Arbitrage vs Invesco India Arbitrage: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 2,665 of them, one for each trading day from 18-01-2016 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.
Bandhan Arbitrage Fund (Direct)
Invesco India Arbitrage Fund (Direct)
to
Nov 2016Sept 2015
to
Sept 2018Jul 2017
to
Jul 2020May 2019
to
May 2022Mar 2021
to
Mar 2024Dec 2022
to
Dec 2025
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Bandhan Arbitrage | 0.0 | 11.4 | 88.6 | 0.0 | 0.0 | 0.0 | 0.0 | 6.6% | 6.8% | 4.4% | 8.8% |
| Invesco India Arbitrage | 0.0 | 5.2 | 94.8 | 0.0 | 0.0 | 0.0 | 0.0 | 6.7% | 6.6% | 4.8% | 8.5% |
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 17-01-2013. Past returns do not promise future returns.
Bandhan Arbitrage vs Invesco India 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 17-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Bandhan ArbitrageBandhan Arbitrage Fund (Direct) | ₹16,60,000 | ₹26,62,111 | ₹10,02,111 | 6.5% |
| Invesco India ArbitrageInvesco India Arbitrage Fund (Direct) | ₹16,60,000 | ₹26,92,668 | ₹10,32,668 | 6.7% |
Bandhan ArbitrageBandhan Arbitrage Fund (Direct)
Invesco India ArbitrageInvesco India 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.
Bandhan Arbitrage vs Invesco India Arbitrage: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Bandhan Arbitrage Fund (Direct) | Invesco India Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.48% | +6.88% |
| Standard deviation | 1.33% | 1.35% |
| Sharpe ratio | 0.93 | 1.21 |
| Sortino ratio | 1.41 | 1.82 |
| 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 | Bandhan Arbitrage Fund (Direct) | Invesco India Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.27% | +7.46% |
| Standard deviation | 1.06% | 1.09% |
| Sharpe ratio | 1.17 | 1.32 |
| Sortino ratio | 1.80 | 2.01 |
| 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 | Bandhan Arbitrage Fund (Direct) | Invesco India Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.78% | +7.14% |
| Standard deviation | 0.98% | 1.00% |
| Sharpe ratio | 1.01 | 1.34 |
| Sortino ratio | 1.53 | 2.05 |
| 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 | Bandhan Arbitrage Fund (Direct) | Invesco India Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.91% | +6.95% |
| Standard deviation | 0.99% | 1.04% |
| Sharpe ratio | 0.88 | 0.87 |
| Sortino ratio | 1.31 | 1.29 |
| Maximum drawdown | −0.8% (25-03-2020) | −0.5% (03-06-2020) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 17-01-2013 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.
Bandhan Arbitrage Fund (Direct)
Invesco India Arbitrage Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Bandhan Arbitrage Fund (Direct) | −0.8% | 16-03-2020 | 25-03-2020 | 20-04-2020 | 26 days | −0.0% |
| Invesco India Arbitrage Fund (Direct) | −0.5% | 29-05-2020 | 03-06-2020 | 30-06-2020 | 27 days | −0.0% |
From daily values since 17-01-2013, 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.
Bandhan Arbitrage Fund (Direct)
Invesco India 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.
Bandhan Arbitrage Fund (Direct)
Invesco India 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.
Bandhan Arbitrage Fund (Direct)
Invesco India Arbitrage Fund (Direct)
Bandhan Arbitrage vs Invesco India Arbitrage: Portfolio Overlap
From each fund's latest monthly portfolio: Bandhan Arbitrage Fund, August 2026; Invesco India Arbitrage Fund, September 2026
Holdings in common
- Overlap
- 50.5%
- Held by both
- 148
- Only in Bandhan Arbitrage
- 10
- Only in Invesco India Arbitrage
- 46
| Security | % of Bandhan Arbitrage | % of Invesco India Arbitrage |
|---|---|---|
| HDFC Bank Limited | 4.76% | 5.58% |
| ICICI Bank Limited | 2.30% | 4.55% |
| Vodafone Idea Limited | 2.94% | 2.20% |
| Axis Bank Limited | 2.41% | 2.20% |
| Reliance Industries Limited | 2.11% | 3.48% |
| State Bank of India | 1.66% | 1.99% |
| Bharti Airtel Limited | 1.63% | 2.16% |
| Jio Financial Services Limited | 1.43% | 1.46% |
| Canara Bank | 1.31% | 1.52% |
| Punjab National Bank | 1.10% | 1.03% |
| Tata Steel Limited | 0.91% | 1.57% |
| Coal India Limited | 0.91% | 1.47% |
| Hindustan Unilever Limited | 0.79% | 0.78% |
| Indus Towers Limited | 0.71% | 0.77% |
| IDFC First Bank Limited | 0.69% | 1.77% |
| Cummins India Limited | 0.68% | 0.77% |
| Adani Power Limited | 0.66% | 2.11% |
| Varun Beverages Limited | 0.62% | 0.80% |
| The Indian Hotels Company Limited | 0.72% | 0.60% |
| Ambuja Cements Limited | 0.59% | 1.26% |
| APL Apollo Tubes Limited | 0.56% | 1.77% |
| Crompton Greaves Consumer Electricals Limited | 0.66% | 0.55% |
| Divi's Laboratories Limited | 0.53% | 1.08% |
| Kotak Mahindra Bank Limited | 1.72% | 0.52% |
| LIC Housing Finance Limited | 0.52% | 0.64% |
| Biocon Limited | 0.52% | 0.64% |
| Bank of Baroda | 0.56% | 0.50% |
| NMDC Limited | 0.50% | 0.71% |
| Indian Oil Corporation Limited | 0.49% | 0.60% |
| Yes Bank Limited | 0.47% | 1.38% |
| Manappuram Finance Limited | 0.46% | 0.53% |
| The Federal Bank Limited | 0.45% | 0.78% |
| Life Insurance Corporation Of India | 1.07% | 0.43% |
| Container Corporation of India Limited | 0.43% | 0.58% |
| Torrent Pharmaceuticals Limited | 0.58% | 0.40% |
| Jindal Steel Limited | 0.61% | 0.39% |
| GE Vernova T&D India Limited | 0.39% | 0.58% |
| ITC Limited | 0.38% | 0.61% |
| Tata Consultancy Services Limited | 0.38% | 0.67% |
| Marico Limited | 0.36% | 0.38% |
| Tech Mahindra Limited | 0.67% | 0.34% |
| Infosys Limited | 0.34% | 1.01% |
| Bharat Forge Limited | 0.33% | 0.33% |
| Adani Enterprises Limited | 1.46% | 0.32% |
| HDFC Asset Management Company Limited | 0.77% | 0.32% |
| Union Bank of India | 0.59% | 0.32% |
| Fortis Healthcare Limited | 0.51% | 0.31% |
| Samvardhana Motherson International Limited | 0.71% | 0.30% |
| Lupin Limited | 0.33% | 0.30% |
| Bajaj Finance Limited | 0.30% | 0.32% |
| Hindustan Aeronautics Limited | 0.49% | 0.28% |
| Indian Energy Exchange Limited | 0.43% | 0.28% |
| Hindustan Zinc Limited | 0.28% | 0.35% |
| UPL Limited | 0.36% | 0.27% |
| Godrej Properties Limited | 0.27% | 0.45% |
| Bank of India | 0.46% | 0.26% |
| Tata Motors Passenger Vehicles Limited | 0.26% | 0.55% |
| Bharat Heavy Electricals Limited | 1.09% | 0.24% |
| NTPC Limited | 0.38% | 0.24% |
| Suzlon Energy Limited | 0.26% | 0.24% |
| Maruti Suzuki India Limited | 0.23% | 0.37% |
| Steel Authority of India Limited | 1.03% | 0.22% |
| Hindalco Industries Limited | 0.53% | 0.22% |
| Tata Consumer Products Limited | 0.22% | 0.36% |
| Patanjali Foods Limited | 0.22% | 0.48% |
| Muthoot Finance Limited | 0.74% | 0.21% |
| Adani Energy Solutions Limited | 0.66% | 0.21% |
| Bharat Electronics Limited | 0.60% | 0.21% |
| Tata Power Company Limited | 0.37% | 0.21% |
| Ashok Leyland Limited | 0.54% | 0.20% |
| One 97 Communications Limited | 0.24% | 0.20% |
| Power Finance Corporation Limited | 0.20% | 1.77% |
| AU Small Finance Bank Limited | 0.53% | 0.19% |
| Eicher Motors Limited | 0.34% | 0.19% |
| Central Depository Services (India) Limited | 0.30% | 0.19% |
| Glenmark Pharmaceuticals Limited | 1.11% | 0.18% |
| HDFC Life Insurance Company Limited | 0.83% | 0.18% |
| ICICI Lombard General Insurance Company Limited | 0.25% | 0.18% |
| PG Electroplast Limited | 0.16% | 0.28% |
| Multi Commodity Exchange of India Limited | 0.16% | 1.55% |
| Inox Wind Limited | 0.23% | 0.14% |
| Delhivery Limited | 0.14% | 0.31% |
| Cholamandalam Investment and Finance Company Ltd | 0.33% | 0.13% |
| Aditya Birla Capital Limited | 0.13% | 0.17% |
| Larsen & Toubro Limited | 1.55% | 0.12% |
| Bharat Petroleum Corporation Limited | 0.38% | 0.12% |
| Kalyan Jewellers India Limited | 0.43% | 0.11% |
| Adani Green Energy Limited | 0.34% | 0.11% |
| Vedanta Limited | 0.11% | 0.18% |
| Hitachi Energy India Limited | 0.53% | 0.10% |
| Alkem Laboratories Limited | 0.10% | 0.19% |
| RBL Bank Limited | 0.10% | 0.38% |
| SRF Limited | 0.28% | 0.09% |
| Sagility Limited | 0.09% | 0.13% |
| Voltas Limited | 0.09% | 0.18% |
| Tube Investments of India Limited | 0.09% | 0.09% |
| JSW Steel Limited | 1.18% | 0.08% |
| UltraTech Cement Limited | 0.18% | 0.08% |
| JSW Energy Limited | 0.08% | 0.18% |
| Colgate Palmolive (India) Limited | 0.08% | 0.25% |
| Computer Age Management Services Limited | 0.07% | 0.50% |
| GMR Airports Limited | 0.13% | 0.06% |
| Mahindra & Mahindra Limited | 0.06% | 0.23% |
| SBI Life Insurance Company Limited | 0.06% | 0.08% |
| GAIL (India) Limited | 0.06% | 0.12% |
| The Phoenix Mills Limited | 0.06% | 0.13% |
| Pidilite Industries Limited | 0.06% | 0.12% |
| Aurobindo Pharma Limited | 0.06% | 0.16% |
| Bajaj Finserv Limited | 0.06% | 0.06% |
| Bank of Maharashtra | 0.06% | 0.05% |
| Asian Paints Limited | 0.05% | 0.18% |
| National Aluminium Company Limited | 0.05% | 0.09% |
| Oil & Natural Gas Corporation Limited | 0.05% | 0.09% |
| Adani Ports and Special Economic Zone Limited | 1.02% | 0.04% |
| Grasim Industries Limited | 0.37% | 0.04% |
| Sun Pharmaceutical Industries Limited | 0.28% | 0.04% |
| Apollo Hospitals Enterprise Limited | 0.23% | 0.04% |
| Bosch Limited | 0.04% | 0.09% |
| TVS Motor Company Limited | 0.04% | 0.23% |
| United Spirits Limited | 0.04% | 0.05% |
| Dabur India Limited | 0.33% | 0.03% |
| Solar Industries India Limited | 0.11% | 0.03% |
| Cipla Limited | 0.05% | 0.03% |
| Hindustan Petroleum Corporation Limited | 0.03% | 0.21% |
| PB Fintech Limited | 0.03% | 0.52% |
| PNB Housing Finance Limited | 0.03% | 0.39% |
| Coforge Limited | 0.03% | 0.46% |
| Shriram Finance Limited | 0.03% | 0.22% |
| Max Financial Services Limited | 0.89% | 0.02% |
| Godrej Consumer Products Limited | 0.07% | 0.02% |
| Polycab India Limited | 0.04% | 0.02% |
| Zydus Lifesciences Limited | 0.03% | 0.02% |
| Max Healthcare Institute Limited | 0.03% | 0.02% |
| Bajaj Holdings & Investment Limited | 0.02% | 0.09% |
| 360 One WAM Limited | 0.02% | 0.03% |
| Info Edge (India) Limited | 0.02% | 0.23% |
| Power Grid Corporation of India Limited | 0.02% | 0.06% |
| Bajaj Auto Limited | 0.02% | 0.31% |
| Hero MotoCorp Limited | 0.28% | 0.01% |
| Amber Enterprises India Limited | 0.22% | 0.01% |
| Oracle Financial Services Software Limited | 0.02% | 0.01% |
| KPIT Technologies Limited | 0.01% | 0.09% |
| Oberoi Realty Limited | 0.01% | 0.29% |
| NBCC (India) Limited | 0.01% | 0.09% |
| ABB India Limited | 0.01% | 0.04% |
| Supreme Industries Limited | 0.01% | 0.12% |
| Titan Company Limited | 0.01% | 0.14% |
| HCL Technologies Limited | 0.01% | 0.61% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 50.5% means 50.5% 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 Bandhan Arbitrage Fund
| Security | % of fund |
|---|---|
| Bandhan Money Market Fund -Direct Plan-Growth | 13.36% |
| Bandhan Ultra Short to Short Term Fund-DR GR | 8.85% |
| Bandhan Ultra Short Term Fund - DR Plan GR | 3.59% |
| DLF Limited | 0.55% |
| Cochin Shipyard Limited | 0.16% |
Largest holdings only in Invesco India Arbitrage Fund
| Security | % of fund |
|---|---|
| Invesco India Money Market Fund - Direct Plan - Growth | 5.52% |
| Invesco India Liquid Fund - Direct Plan - Growth | 5.22% |
| HDFC Bank Limited 2027 | 1.28% |
| Bank of Baroda 2027 | 0.96% |
| Small Industries Dev Bank of India 2027 | 0.96% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Bandhan Arbitrage | Invesco India Arbitrage |
|---|---|---|
| Equity | 72.8% | 79.6% |
| Debt | 0.1% | 5.8% |
| Cash and others | 27.1% | 14.6% |
Market cap of stocks
| Market cap | Bandhan Arbitrage | Invesco India Arbitrage |
|---|---|---|
| Large Cap | 53.8% | 53.9% |
| Mid Cap | 15.5% | 20.6% |
| Small Cap | 3.4% | 5.0% |
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 | Bandhan Arbitrage | Invesco India Arbitrage |
|---|---|---|
| Banks | 19.2% | 23.3% |
| Finance | 4.3% | 6.1% |
| Telecom - Services | 5.3% | 5.1% |
| Petroleum Products | 3.0% | 4.4% |
| Ferrous Metals | 3.7% | 2.3% |
| Pharmaceuticals & Biotechnology | 3.6% | 3.2% |
| IT - Software | 1.5% | 3.6% |
| Insurance | 3.1% | 0.9% |
The six largest sectors of each fund's stocks, % of the fund.
Bandhan Arbitrage vs Invesco India Arbitrage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Bandhan Arbitrage Fund | Invesco India Arbitrage Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.63% | 2.20% |
| Base expense ratio (Direct) | 0.29% | 0.34% |
| Total expense ratio (Regular) | 2.35% | 2.87% |
| Base expense ratio (Regular) | 0.91% | 0.91% |
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 Bandhan Arbitrage with
Bandhan Arbitrage Fund vs Invesco India Arbitrage Fund: Frequently Asked Questions
What is the difference between Bandhan Arbitrage Fund and Invesco India Arbitrage Fund?
Both are Arbitrage funds, run by Bandhan Mutual Fund and Invesco Mutual Fund. Their portfolios overlap 50.5%. Bandhan Arbitrage Fund charges 1.63% a year and Invesco India Arbitrage Fund 2.20%.
Which has given higher returns, Bandhan Arbitrage Fund or Invesco India Arbitrage Fund?
Over 1 year: Bandhan Arbitrage Fund +6.48%, Invesco India Arbitrage Fund +6.88%. Over 3 years: Bandhan Arbitrage Fund +7.27% a year, Invesco India Arbitrage Fund +7.46% a year. Over 5 years: Bandhan Arbitrage Fund +6.78% a year, Invesco India Arbitrage Fund +7.14% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Bandhan Arbitrage Fund or Invesco India Arbitrage Fund?
Bandhan Arbitrage Fund charges less: 1.63% a year against 2.20%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Bandhan Arbitrage Fund and Invesco India Arbitrage Fund overlap?
50.5%. They hold 148 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, IDEA. From each fund's latest monthly portfolio.
Which is riskier, Bandhan Arbitrage Fund or Invesco India Arbitrage Fund?
On SEBI's riskometer, Bandhan Arbitrage Fund is rated Low and Invesco India Arbitrage Fund Low. Over 3 years, the standard deviation of daily returns was 1.06% and 1.09% a year.
Which is better for SIP, Bandhan Arbitrage Fund or Invesco India Arbitrage Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,31,125 in Bandhan Arbitrage Fund (XIRR 7.1% a year) and ₹7,35,975 in Invesco India Arbitrage Fund (XIRR 7.3% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Bandhan Arbitrage Fund and Invesco India Arbitrage Fund?
Yes. 50.5% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Bandhan Arbitrage Fund and Invesco India Arbitrage Fund?
Bandhan Arbitrage Fund: Kapil Kankonkar, Harshal Joshi, Ritika Behera, Gaurav Satra, Brijesh Shah. Invesco India Arbitrage Fund: Deepak Gupta, Pradeep Sukte.
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.