Bandhan Arbitrage Fund vs quant Arbitrage Fund
Direct Plan, Growth option · Data as on 30-10-2026
Bandhan Arbitrage Fund and quant Arbitrage Fund are both Arbitrage funds. In the year to 30-10-2026, Bandhan Arbitrage Fund (Direct) returned 6.5% and quant Arbitrage Fund (Direct) returned 7.6%. Bandhan Arbitrage Fund charges 1.63% a year and quant Arbitrage Fund 1.60% (Direct plans). Their portfolios overlap 35.5%: they hold 84 of the same securities.
Bandhan Arbitrage Fund
Arbitrage
- 1 year return
- 6.5%
- Expense ratio
- 1.63%
- NAV
- ₹38.12
Which is better, Bandhan Arbitrage or quant Arbitrage? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- quant Arbitrage returned more over 1 year: 7.6% against 6.5%.
- quant Arbitrage costs less: 1.60% a year against 1.63% (Direct plans).
- quant Arbitrage fell less in its worst fall since 07-04-2025: −0.4% against −0.4%.
- Bandhan Arbitrage is the larger fund: ₹7,796 Cr against ₹1,007 Cr.
- Their portfolios overlap 35.5%: 84 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 | quant Arbitrage Fund |
|---|---|---|
| Fund house | Bandhan Mutual Fund | quant Mutual Fund |
| Category | Arbitrage | Arbitrage |
| AUM | ₹7,796 Cr (31-08-2026) | ₹1,007 Cr (30-09-2026) |
| NAV | ₹38.12 (Direct) | ₹11.19 (Direct) |
| Expense ratio (Direct) | 1.63% | 1.60% |
| Expense ratio (Regular) | 2.35% | 2.25% |
| Riskometer | Low | Low |
| Benchmark | Nifty 50 Arbitrage Index | Nifty 50 Arbitrage TRI |
| Launch date | 21-12-2006 | 04-04-2025 |
| Minimum investment | ₹100 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Kapil Kankonkar, Harshal Joshi, Ritika Behera, Gaurav Satra, Brijesh Shah | Sameer Kate, Yug Tibrewal, Sanjeev Sharma |
| 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 0.25%, if redeemed within 1 month. |
Bandhan Arbitrage vs quant 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% |
| quant Arbitrage Fund (Direct) | +0.51% | +1.68% | +3.63% | +7.56% | -- | -- | -- |
| Arbitrage average | +0.56% | +1.52% | +3.20% | +6.62% | -- | -- | -- |
Category average: the average of the 39 Arbitrage funds, same plan type.
Bandhan Arbitrage vs quant Arbitrage: Year-wise Returns
| Year | BandhanBandhan Arbitrage | quantquant Arbitrage |
|---|---|---|
| 2026to date | +5.28% | +6.22% |
| 2025 | +7.02% | -- |
| 2024 | +8.31% | -- |
| 2023 | +7.86% | -- |
| 2022 | +4.83% | -- |
| 2021 | +4.24% | -- |
Bandhan Arbitrage vs quant Arbitrage: Rolling Returns
Every holding period of both funds
Rolling returns
Every 1-year holding period, 141 of them, one for each trading day from 07-04-2026 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.
Bandhan Arbitrage Fund (Direct)
quant Arbitrage Fund (Direct)
to
Apr 2026May 2025
to
May 2026Jul 2025
to
Jul 2026Aug 2025
to
Aug 2026Sept 2025
to
Sept 2026Oct 2025
to
Oct 2026
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 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 6.4% | 6.4% | 5.9% | 6.7% |
| quant Arbitrage | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7.5% | 7.5% | 7.1% | 7.9% |
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 07-04-2025. Past returns do not promise future returns.
Bandhan Arbitrage vs quant 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 01-04-2025 to 30-10-2026: 19 instalments, ₹1,90,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Bandhan ArbitrageBandhan Arbitrage Fund (Direct) | ₹1,90,000 | ₹2,00,052 | ₹10,052 | 6.4% |
| quant Arbitragequant Arbitrage Fund (Direct) | ₹1,90,000 | ₹2,01,679 | ₹11,679 | 7.4% |
Bandhan ArbitrageBandhan Arbitrage Fund (Direct)
quant Arbitragequant 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 quant 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) | quant Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.48% | +7.56% |
| Standard deviation | 1.33% | 1.46% |
| Sharpe ratio | 0.93 | 1.59 |
| Sortino ratio | 1.41 | 2.43 |
| Maximum drawdown | −0.4% (06-08-2026) | −0.4% (26-08-2026) |
| 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) | quant Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.91% | +7.37% |
| Standard deviation | 0.99% | 1.29% |
| Sharpe ratio | 0.88 | 1.55 |
| Sortino ratio | 1.31 | 2.35 |
| Maximum drawdown | −0.8% (25-03-2020) | −0.4% (26-08-2026) |
| 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)
quant 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) | −0.4% | 03-08-2026 | 06-08-2026 | 24-08-2026 | 18 days | −0.0% |
| quant Arbitrage Fund (Direct) | −0.4% | 24-08-2026 | 26-08-2026 | 01-09-2026 | 6 days | −0.1% |
From daily values since 07-04-2025, 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)
quant Arbitrage Fund (Direct)
Bandhan Arbitrage vs quant Arbitrage: Portfolio Overlap
From each fund's latest monthly portfolio: Bandhan Arbitrage Fund, August 2026; quant Arbitrage Fund, September 2026
Holdings in common
- Overlap
- 35.5%
- Held by both
- 84
- Only in Bandhan Arbitrage
- 74
- Only in quant Arbitrage
- 25
| Security | % of Bandhan Arbitrage | % of quant Arbitrage |
|---|---|---|
| HDFC Bank Limited | 4.76% | 2.45% |
| Reliance Industries Limited | 2.11% | 4.80% |
| State Bank of India | 1.66% | 1.81% |
| Vodafone Idea Limited | 2.94% | 1.29% |
| Punjab National Bank | 1.10% | 1.62% |
| Bharat Heavy Electricals Limited | 1.09% | 1.18% |
| Adani Ports and Special Economic Zone Limited | 1.02% | 1.46% |
| Axis Bank Limited | 2.41% | 0.88% |
| ICICI Bank Limited | 2.30% | 0.87% |
| Bharti Airtel Limited | 1.63% | 0.86% |
| HDFC Life Insurance Company Limited | 0.83% | 3.19% |
| Hindustan Unilever Limited | 0.79% | 0.83% |
| Canara Bank | 1.31% | 0.78% |
| Indus Towers Limited | 0.71% | 2.10% |
| Samvardhana Motherson International Limited | 0.71% | 1.09% |
| Glenmark Pharmaceuticals Limited | 1.11% | 0.68% |
| Adani Power Limited | 0.66% | 0.85% |
| Life Insurance Corporation Of India | 1.07% | 0.66% |
| Varun Beverages Limited | 0.62% | 1.56% |
| Union Bank of India | 0.59% | 0.62% |
| Kotak Mahindra Bank Limited | 1.72% | 0.58% |
| DLF Limited | 0.55% | 0.81% |
| LIC Housing Finance Limited | 0.52% | 1.44% |
| Biocon Limited | 0.52% | 1.15% |
| Hindustan Aeronautics Limited | 0.49% | 0.86% |
| JSW Steel Limited | 1.18% | 0.48% |
| Yes Bank Limited | 0.47% | 1.18% |
| Manappuram Finance Limited | 0.46% | 0.77% |
| NMDC Limited | 0.50% | 0.45% |
| Adani Enterprises Limited | 1.46% | 0.44% |
| Divi's Laboratories Limited | 0.53% | 0.43% |
| GE Vernova T&D India Limited | 0.39% | 0.70% |
| Bharat Petroleum Corporation Limited | 0.38% | 0.50% |
| ITC Limited | 0.38% | 1.41% |
| NTPC Limited | 0.38% | 1.87% |
| Tata Power Company Limited | 0.37% | 0.43% |
| UPL Limited | 0.36% | 1.37% |
| Jio Financial Services Limited | 1.43% | 0.34% |
| Eicher Motors Limited | 0.34% | 0.39% |
| Adani Green Energy Limited | 0.34% | 0.52% |
| Adani Energy Solutions Limited | 0.66% | 0.33% |
| Dabur India Limited | 0.33% | 0.46% |
| Cholamandalam Investment and Finance Company Ltd | 0.33% | 1.61% |
| Torrent Pharmaceuticals Limited | 0.58% | 0.31% |
| Bajaj Finance Limited | 0.30% | 0.69% |
| Cummins India Limited | 0.68% | 0.28% |
| SRF Limited | 0.28% | 0.49% |
| Maruti Suzuki India Limited | 0.23% | 0.87% |
| HDFC Asset Management Company Limited | 0.77% | 0.22% |
| Tata Consumer Products Limited | 0.22% | 0.25% |
| Amber Enterprises India Limited | 0.22% | 1.11% |
| APL Apollo Tubes Limited | 0.56% | 0.21% |
| Hitachi Energy India Limited | 0.53% | 0.21% |
| Steel Authority of India Limited | 1.03% | 0.20% |
| Bank of India | 0.46% | 0.20% |
| Ashok Leyland Limited | 0.54% | 0.19% |
| UltraTech Cement Limited | 0.18% | 0.28% |
| Godrej Properties Limited | 0.27% | 0.17% |
| Bharat Electronics Limited | 0.60% | 0.17% |
| Tata Consultancy Services Limited | 0.38% | 0.16% |
| PG Electroplast Limited | 0.16% | 0.63% |
| Cochin Shipyard Limited | 0.16% | 1.03% |
| Jindal Steel Limited | 0.61% | 0.15% |
| One 97 Communications Limited | 0.24% | 0.14% |
| GMR Airports Limited | 0.13% | 0.51% |
| Tata Steel Limited | 0.91% | 0.12% |
| Larsen & Toubro Limited | 1.55% | 0.12% |
| Godrej Consumer Products Limited | 0.07% | 0.52% |
| Computer Age Management Services Limited | 0.07% | 0.10% |
| Ambuja Cements Limited | 0.59% | 0.07% |
| Aurobindo Pharma Limited | 0.06% | 0.82% |
| Bajaj Finserv Limited | 0.06% | 0.41% |
| Indian Oil Corporation Limited | 0.49% | 0.05% |
| Asian Paints Limited | 0.05% | 0.24% |
| Oil & Natural Gas Corporation Limited | 0.05% | 2.38% |
| Zydus Lifesciences Limited | 0.03% | 3.82% |
| Hindustan Petroleum Corporation Limited | 0.03% | 0.80% |
| Shriram Finance Limited | 0.03% | 0.59% |
| ICICI Prudential Life Insurance Company Limited | 0.03% | 0.10% |
| Info Edge (India) Limited | 0.02% | 3.03% |
| Power Grid Corporation of India Limited | 0.02% | 0.10% |
| KPIT Technologies Limited | 0.01% | 0.57% |
| NBCC (India) Limited | 0.01% | 2.12% |
| Kalyan Jewellers India Limited | 0.43% | 0.01% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 35.5% means 35.5% 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% |
| Coal India Limited | 0.91% |
| Max Financial Services Limited | 0.89% |
Largest holdings only in quant Arbitrage Fund
| Security | % of fund |
|---|---|
| TREPS 01-Oct-2026 DEPO 10 | 7.26% |
| SIDBI CD 25-Mar-2027 | 4.80% |
| SWIGGY LIMITED | 2.33% |
| 182 Days Treasury Bill 18-Mar-2027 | 1.93% |
| 364 Days Treasury Bill 01-Jul-2027 | 1.90% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Bandhan Arbitrage | quant Arbitrage |
|---|---|---|
| Equity | 72.8% | 76.4% |
| Debt | 0.1% | 28.6% |
| Cash and others | 27.1% | -5.0% |
Market cap of stocks
| Market cap | Bandhan Arbitrage | quant Arbitrage |
|---|---|---|
| Large Cap | 53.8% | 48.1% |
| Mid Cap | 15.5% | 21.4% |
| Small Cap | 3.4% | 6.9% |
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 | quant Arbitrage |
|---|---|---|
| Banks | 19.2% | 11.2% |
| Pharmaceuticals & Biotechnology | 3.6% | 7.3% |
| Petroleum Products | 3.0% | 6.2% |
| Finance | 4.3% | 5.8% |
| Retailing | 0.0% | 5.5% |
| Telecom - Services | 5.3% | 4.3% |
| Power | 2.5% | 4.4% |
| Insurance | 3.1% | 4.0% |
| Ferrous Metals | 3.7% | 1.0% |
The six largest sectors of each fund's stocks, % of the fund.
Bandhan Arbitrage vs quant Arbitrage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Bandhan Arbitrage Fund | quant Arbitrage Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.63% | 1.60% |
| Base expense ratio (Direct) | 0.29% | 0.28% |
| Total expense ratio (Regular) | 2.35% | 2.25% |
| Base expense ratio (Regular) | 0.91% | 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 Bandhan Arbitrage with
Bandhan Arbitrage Fund vs quant Arbitrage Fund: Frequently Asked Questions
What is the difference between Bandhan Arbitrage Fund and quant Arbitrage Fund?
Both are Arbitrage funds, run by Bandhan Mutual Fund and quant Mutual Fund. Their portfolios overlap 35.5%. Bandhan Arbitrage Fund charges 1.63% a year and quant Arbitrage Fund 1.60%.
Which has given higher returns, Bandhan Arbitrage Fund or quant Arbitrage Fund?
Over 1 year: Bandhan Arbitrage Fund +6.48%, quant Arbitrage Fund +7.56%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Bandhan Arbitrage Fund or quant Arbitrage Fund?
quant Arbitrage Fund charges less: 1.60% a year against 1.63%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Bandhan Arbitrage Fund and quant Arbitrage Fund overlap?
35.5%. They hold 84 of the same securities, the largest shared ones being HDFCBANK, RELIANCE, SBIN. From each fund's latest monthly portfolio.
Which is riskier, Bandhan Arbitrage Fund or quant Arbitrage Fund?
On SEBI's riskometer, Bandhan Arbitrage Fund is rated Low and quant Arbitrage Fund Low. Over 1 years, the standard deviation of daily returns was 1.33% and 1.46% a year.
Can I invest in both Bandhan Arbitrage Fund and quant Arbitrage Fund?
Yes. 35.5% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Bandhan Arbitrage Fund and quant Arbitrage Fund?
Bandhan Arbitrage Fund: Kapil Kankonkar, Harshal Joshi, Ritika Behera, Gaurav Satra, Brijesh Shah. quant Arbitrage Fund: Sameer Kate, Yug Tibrewal, Sanjeev Sharma.
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.