DSP Arbitrage fund vs quant Arbitrage Fund
Direct Plan, Growth option · Data as on 30-10-2026
DSP Arbitrage fund and quant Arbitrage Fund are both Arbitrage funds. In the year to 30-10-2026, DSP Arbitrage fund (Direct) returned 6.5% and quant Arbitrage Fund (Direct) returned 7.6%. DSP Arbitrage fund charges 1.17% a year and quant Arbitrage Fund 1.60% (Direct plans). Their portfolios overlap 37.6%: they hold 84 of the same securities.
Which is better, DSP Arbitrage fund 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%.
- DSP Arbitrage fund costs less: 1.17% a year against 1.60% (Direct plans).
- quant Arbitrage fell less in its worst fall since 07-04-2025: −0.4% against −0.4%.
- DSP Arbitrage fund is the larger fund: ₹6,720 Cr against ₹1,007 Cr.
- Their portfolios overlap 37.6%: 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 | DSP Arbitrage fund | quant Arbitrage Fund |
|---|---|---|
| Fund house | DSP Mutual Fund | quant Mutual Fund |
| Category | Arbitrage | Arbitrage |
| AUM | ₹6,720 Cr (30-09-2026) | ₹1,007 Cr (30-09-2026) |
| NAV | ₹16.99 (Direct) | ₹11.19 (Direct) |
| Expense ratio (Direct) | 1.17% | 1.60% |
| Expense ratio (Regular) | 1.81% | 2.25% |
| Riskometer | Low | Low |
| Benchmark | Nifty 50 Arbitrage Index | Nifty 50 Arbitrage TRI |
| Launch date | 25-01-2018 | 04-04-2025 |
| Minimum investment | ₹100 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Kaivalya Nadkarni, Karan Mundhra | Sameer Kate, Yug Tibrewal, Sanjeev Sharma |
| Exit load | Exit Load for units in excess of 10% of the investment,0.25% will be charged for redemption within 15 days. | Exit load of 0.25%, if redeemed within 1 month. |
DSP Arbitrage fund 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 |
|---|---|---|---|---|---|---|---|
| DSP Arbitrage fund (Direct) | +0.49% | +1.47% | +3.15% | +6.49% | +7.18% | +6.68% | -- |
| 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.
DSP Arbitrage fund vs quant Arbitrage: Year-wise Returns
| Year | DSP Arbitrage fundDSP Arbitrage fund | quant Arbitragequant Arbitrage |
|---|---|---|
| 2026to date | +5.29% | +6.22% |
| 2025 | +6.88% | -- |
| 2024 | +8.18% | -- |
| 2023 | +7.80% | -- |
| 2022 | +4.68% | -- |
| 2021 | +4.02% | -- |
DSP Arbitrage fund vs quant Arbitrage: Rolling Returns
Every holding period of both funds
Rolling returns
Every 1-year holding period, 140 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.
DSP 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DSP Arbitrage fund | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 6.5% | 6.5% | 6.0% | 6.8% |
| 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.
DSP Arbitrage fund 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 |
|---|---|---|---|---|
| DSP Arbitrage fundDSP 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% |
DSP Arbitrage fundDSP 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.
DSP Arbitrage fund vs quant Arbitrage: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | DSP Arbitrage fund (Direct) | quant Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.49% | +7.56% |
| Standard deviation | 1.33% | 1.46% |
| Sharpe ratio | 0.93 | 1.59 |
| Sortino ratio | 1.46 | 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 | DSP Arbitrage fund (Direct) | quant Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.22% | +7.37% |
| Standard deviation | 1.06% | 1.29% |
| Sharpe ratio | 0.85 | 1.55 |
| Sortino ratio | 1.25 | 2.35 |
| Maximum drawdown | −0.6% (25-03-2020) | −0.4% (26-08-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 29-01-2018 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.
DSP 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 |
|---|---|---|---|---|---|---|
| DSP Arbitrage fund (Direct) | −0.4% | 03-08-2026 | 06-08-2026 | 21-08-2026 | 15 days | −0.1% |
| 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.
DSP Arbitrage fund (Direct)
quant Arbitrage Fund (Direct)
DSP Arbitrage fund vs quant Arbitrage: Portfolio Overlap
From each fund's latest monthly portfolio: DSP Arbitrage fund, September 2026; quant Arbitrage Fund, September 2026
Holdings in common
- Overlap
- 37.6%
- Held by both
- 84
- Only in DSP Arbitrage fund
- 96
- Only in quant Arbitrage
- 25
| Security | % of DSP Arbitrage fund | % of quant Arbitrage |
|---|---|---|
| Reliance Industries Limited | 4.63% | 4.80% |
| HDFC Bank Limited | 4.76% | 2.45% |
| Punjab National Bank | 1.62% | 1.62% |
| State Bank of India | 1.55% | 1.81% |
| ITC Limited | 1.69% | 1.41% |
| Vodafone Idea Limited | 3.05% | 1.29% |
| Bharat Heavy Electricals Limited | 1.08% | 1.18% |
| Yes Bank Limited | 1.03% | 1.18% |
| Indus Towers Limited | 0.97% | 2.10% |
| Axis Bank Limited | 2.16% | 0.88% |
| ICICI Bank Limited | 2.73% | 0.87% |
| Bharti Airtel Limited | 1.62% | 0.86% |
| Hindustan Aeronautics Limited | 0.78% | 0.86% |
| Canara Bank | 1.21% | 0.78% |
| LIC Housing Finance Limited | 0.70% | 1.44% |
| Bajaj Finance Limited | 0.94% | 0.69% |
| Glenmark Pharmaceuticals Limited | 0.74% | 0.68% |
| Adani Power Limited | 0.61% | 0.85% |
| Kotak Mahindra Bank Limited | 1.38% | 0.58% |
| Hindustan Unilever Limited | 0.54% | 0.83% |
| NBCC (India) Limited | 0.52% | 2.12% |
| GMR Airports Limited | 0.63% | 0.51% |
| 364 DAYS T-BILL 04032027 | 0.94% | 0.48% |
| JSW Steel Limited | 1.31% | 0.48% |
| Manappuram Finance Limited | 0.47% | 0.77% |
| NMDC Limited | 0.49% | 0.45% |
| Adani Enterprises Limited | 0.69% | 0.44% |
| Divi's Laboratories Limited | 1.08% | 0.43% |
| HDFC Life Insurance Co Limited | 0.43% | 3.19% |
| Tata Power Co Limited | 0.93% | 0.43% |
| Biocon Limited | 0.41% | 1.15% |
| Info Edge (India) Limited | 0.39% | 3.03% |
| Cholamandalam Investment and Finance Co Limited | 0.38% | 1.61% |
| Aurobindo Pharma Limited | 0.38% | 0.82% |
| Eicher Motors Limited | 0.37% | 0.39% |
| Jio Financial Services Limited | 0.92% | 0.34% |
| Adani Energy Solutions Limited | 1.12% | 0.33% |
| Shriram Finance Limited | 0.31% | 0.59% |
| Life Insurance Corporation Of India | 0.30% | 0.66% |
| Adani Green Energy Limited | 0.29% | 0.52% |
| Swiggy Limited | 0.28% | 2.33% |
| Varun Beverages Limited | 0.28% | 1.56% |
| Union Bank Of India | 0.28% | 0.62% |
| Cummins India Limited | 0.27% | 0.28% |
| Ultratech Cement Limited | 0.26% | 0.28% |
| Adani Ports and Special Economic Zone Limited | 0.25% | 1.46% |
| Tata Consumer Products Limited | 0.32% | 0.25% |
| NTPC Limited | 0.24% | 1.87% |
| Asian Paints Limited | 0.26% | 0.24% |
| APL Apollo Tubes Limited | 0.49% | 0.21% |
| Steel Authority of India Limited | 1.32% | 0.20% |
| Ashok Leyland Limited | 0.46% | 0.19% |
| Bandhan Bank Limited | 0.79% | 0.18% |
| Godrej Properties Limited | 0.40% | 0.17% |
| Bharat Electronics Limited | 0.98% | 0.17% |
| Hitachi Energy India Limited | 0.17% | 0.21% |
| Bank of India | 0.17% | 0.20% |
| UPL Limited | 0.16% | 1.37% |
| HDFC Asset Management Co Limited | 0.14% | 0.22% |
| Oil & Natural Gas Corporation Limited | 0.14% | 2.38% |
| Tata Steel Limited | 0.78% | 0.12% |
| Maruti Suzuki India Limited | 0.12% | 0.87% |
| Larsen & Toubro Limited | 0.47% | 0.12% |
| Godrej Consumer Products Limited | 0.10% | 0.52% |
| Ge Vernova T&D India Limited | 0.09% | 0.70% |
| Torrent Pharmaceuticals Limited | 0.07% | 0.31% |
| Laurus Labs Limited | 0.07% | 0.12% |
| Indian Oil Corporation Limited | 0.09% | 0.05% |
| Dabur India Limited | 0.05% | 0.46% |
| Samvardhana Motherson International Limited | 0.05% | 1.09% |
| Oil India Limited | 0.04% | 0.12% |
| PG Electroplast Limited | 0.04% | 0.63% |
| Tata Consultancy Services Limited | 0.04% | 0.16% |
| Bajaj Finserv Limited | 0.04% | 0.41% |
| Zydus Lifesciences Limited | 0.03% | 3.82% |
| Power Grid Corporation of India Limited | 0.03% | 0.10% |
| Radico Khaitan Limited | 0.03% | 0.13% |
| Bharat Petroleum Corporation Limited | 0.02% | 0.50% |
| Computer Age Management Services Limited | 0.02% | 0.10% |
| Jindal Steel Limited | 0.02% | 0.15% |
| One 97 Communications Limited | 0.02% | 0.14% |
| DLF Limited | 0.01% | 0.81% |
| ICICI Prudential Life Insurance Co Limited | 0.01% | 0.10% |
| Kalyan Jewellers India Limited | 0.08% | 0.01% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 37.6% means 37.6% 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 DSP Arbitrage fund
| Security | % of fund |
|---|---|
| DSP Money Market Fund | 10.96% |
| Bank of Baroda | 2.89% |
| Indian Bank | 2.83% |
| National Bank For Agriculture & Rural Development | 1.44% |
| Small Industries Development Bank of India | 1.04% |
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% |
| 182 Days Treasury Bill 18-Mar-2027 | 1.93% |
| 364 Days Treasury Bill 01-Jul-2027 | 1.90% |
| 364 Days Treasury Bill 29-Jul-2027 | 1.89% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | DSP Arbitrage fund | quant Arbitrage |
|---|---|---|
| Equity | 66.9% | 76.4% |
| Debt | 19.3% | 28.6% |
| Cash and others | 13.8% | -5.0% |
Market cap of stocks
| Market cap | DSP Arbitrage fund | quant Arbitrage |
|---|---|---|
| Large Cap | 50.0% | 48.1% |
| Mid Cap | 12.8% | 21.4% |
| Small Cap | 4.2% | 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 | DSP Arbitrage fund | quant Arbitrage |
|---|---|---|
| Banks | 19.9% | 11.2% |
| Pharmaceuticals & Biotechnology | 3.4% | 7.3% |
| Petroleum Products | 4.7% | 6.2% |
| Finance | 5.0% | 5.8% |
| Telecom - Services | 5.6% | 4.3% |
| Retailing | 0.7% | 5.5% |
| Power | 3.3% | 4.4% |
| Ferrous Metals | 3.4% | 1.0% |
The six largest sectors of each fund's stocks, % of the fund.
DSP Arbitrage fund vs quant Arbitrage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | DSP Arbitrage fund | quant Arbitrage Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.17% | 1.60% |
| Base expense ratio (Direct) | 0.31% | 0.28% |
| Total expense ratio (Regular) | 1.81% | 2.25% |
| Base expense ratio (Regular) | 0.85% | 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 DSP Arbitrage fund with
DSP Arbitrage fund vs quant Arbitrage Fund: Frequently Asked Questions
What is the difference between DSP Arbitrage fund and quant Arbitrage Fund?
Both are Arbitrage funds, run by DSP Mutual Fund and quant Mutual Fund. Their portfolios overlap 37.6%. DSP Arbitrage fund charges 1.17% a year and quant Arbitrage Fund 1.60%.
Which has given higher returns, DSP Arbitrage fund or quant Arbitrage Fund?
Over 1 year: DSP Arbitrage fund +6.49%, quant Arbitrage Fund +7.56%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, DSP Arbitrage fund or quant Arbitrage Fund?
DSP Arbitrage fund charges less: 1.17% a year against 1.60%. These are the Direct plans' total expense ratios reported to AMFI.
How much do DSP Arbitrage fund and quant Arbitrage Fund overlap?
37.6%. They hold 84 of the same securities, the largest shared ones being RELIANCE, HDFCBANK, PNB. From each fund's latest monthly portfolio.
Which is riskier, DSP Arbitrage fund or quant Arbitrage Fund?
On SEBI's riskometer, DSP 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 DSP Arbitrage fund and quant Arbitrage Fund?
Yes. 37.6% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages DSP Arbitrage fund and quant Arbitrage Fund?
DSP Arbitrage fund: Kaivalya Nadkarni, Karan Mundhra. 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.