Edelweiss Arbitrage Fund vs ICICI Prudential Arbitrage Fund
Direct Plan, Growth option · Data as on 30-10-2026
Edelweiss Arbitrage Fund and ICICI Prudential Arbitrage Fund are both Arbitrage funds. In the 3 years to 30-10-2026, Edelweiss Arbitrage Fund (Direct) returned 7.4% a year and ICICI Prudential Arbitrage Fund (Direct) returned 7.3% a year. Edelweiss Arbitrage Fund charges 1.53% a year and ICICI Prudential Arbitrage Fund 1.63% (Direct plans). Their portfolios overlap 47.4%: they hold 158 of the same securities.
Edelweiss Arbitrage Fund
Arbitrage
- 3 year return
- 7.4%
- Expense ratio
- 1.53%
- NAV
- ₹22.63
ICICI Prudential Arbitrage Fund
Arbitrage
- 3 year return
- 7.3%
- Expense ratio
- 1.63%
- NAV
- ₹40.00
Which is better, Edelweiss Arbitrage or ICICI Prudential 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 5 years: 6.9% a year against 6.8%.
- Edelweiss Arbitrage returned more over 3 years: 7.4% a year against 7.3%.
- Edelweiss Arbitrage costs less: 1.53% a year against 1.63% (Direct plans).
- Edelweiss Arbitrage swung less over 3 years: a standard deviation of 1.1% a year against 1.1%.
- Edelweiss Arbitrage fell less in its worst fall since 30-06-2014: −0.5% against −0.6%.
- ICICI Prudential Arbitrage is the larger fund: ₹35,576 Cr against ₹14,250 Cr.
- Their portfolios overlap 47.4%: 158 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 | Edelweiss Arbitrage Fund | ICICI Prudential Arbitrage Fund |
|---|---|---|
| Fund house | Edelweiss Mutual Fund | ICICI Prudential Mutual Fund |
| Category | Arbitrage | Arbitrage |
| AUM | ₹14,250 Cr (30-09-2026) | ₹35,576 Cr (30-09-2026) |
| NAV | ₹22.63 (Direct) | ₹40.00 (Direct) |
| Expense ratio (Direct) | 1.53% | 1.63% |
| Expense ratio (Regular) | 2.20% | 2.16% |
| Riskometer | Low | Not available |
| Benchmark | Nifty 50 Arbitrage Index | Nifty 50 Arbitrage Index |
| Launch date | 27-06-2014 | 30-12-2006 |
| Minimum investment | ₹100 | ₹500 |
| Lock in | None | None |
| Fund managers | Bhavesh Jain, Amit Vora, Rahul Dedhia, Hetul Raval | Archana Nair, Nikhil Kabra, Ajaykumar Solanki, Darshil Dedhia |
| Exit load | "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" | 0.25% of the applicable NAV If units purchased or switched in from another scheme of the Fund are redeemed or switched out within 15 days from the date of allotment NIL If units purchased or switched in from another scheme of the Fund are redeemed or switched out after 15 days from the date of allotment |
Edelweiss Arbitrage vs ICICI Prudential 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 |
|---|---|---|---|---|---|---|---|
| Edelweiss Arbitrage Fund (Direct) | +0.53% | +1.49% | +3.25% | +6.66% | +7.37% | +6.92% | +6.52% |
| ICICI Prudential Arbitrage Fund (Direct) | +0.50% | +1.50% | +3.24% | +6.62% | +7.27% | +6.77% | +6.33% |
| 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.
Edelweiss Arbitrage vs ICICI Prudential Arbitrage: Year-wise Returns
| Year | EdelweissEdelweiss Arbitrage | ICICI PrudentialICICI Prudential Arbitrage |
|---|---|---|
| 2026to date | +5.42% | +5.40% |
| 2025 | +7.07% | +7.02% |
| 2024 | +8.44% | +8.21% |
| 2023 | +7.89% | +7.77% |
| 2022 | +5.11% | +4.79% |
| 2021 | +4.58% | +4.40% |
Edelweiss Arbitrage vs ICICI Prudential Arbitrage: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 2,301 of them, one for each trading day from 30-06-2017 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.
Edelweiss Arbitrage Fund (Direct)
ICICI Prudential Arbitrage Fund (Direct)
to
Mar 2018Oct 2016
to
Oct 2019May 2018
to
May 2021Jan 2020
to
Jan 2023Aug 2021
to
Aug 2024Jan 2023
to
Jan 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Edelweiss Arbitrage | 0.0 | 8.2 | 91.8 | 0.0 | 0.0 | 0.0 | 0.0 | 6.6% | 6.8% | 4.8% | 7.9% |
| ICICI Prudential Arbitrage | 0.0 | 12.9 | 87.1 | 0.0 | 0.0 | 0.0 | 0.0 | 6.4% | 6.6% | 4.5% | 7.8% |
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 30-06-2014. Past returns do not promise future returns.
Edelweiss Arbitrage vs ICICI Prudential 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 30-06-2014 to 30-10-2026: 149 instalments, ₹14,90,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Edelweiss ArbitrageEdelweiss Arbitrage Fund (Direct) | ₹14,90,000 | ₹22,86,499 | ₹7,96,499 | 6.6% |
| ICICI Prudential ArbitrageICICI Prudential Arbitrage Fund (Direct) | ₹14,90,000 | ₹22,60,290 | ₹7,70,290 | 6.5% |
Edelweiss ArbitrageEdelweiss Arbitrage Fund (Direct)
ICICI Prudential ArbitrageICICI Prudential 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.
Edelweiss Arbitrage vs ICICI Prudential Arbitrage: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Edelweiss Arbitrage Fund (Direct) | ICICI Prudential Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.66% | +6.62% |
| Standard deviation | 1.28% | 1.39% |
| Sharpe ratio | 1.11 | 1.00 |
| Sortino ratio | 1.73 | 1.53 |
| 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 | Edelweiss Arbitrage Fund (Direct) | ICICI Prudential Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.37% | +7.27% |
| Standard deviation | 1.05% | 1.10% |
| Sharpe ratio | 1.27 | 1.13 |
| Sortino ratio | 1.98 | 1.74 |
| 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 | Edelweiss Arbitrage Fund (Direct) | ICICI Prudential Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.92% | +6.77% |
| Standard deviation | 0.98% | 1.00% |
| Sharpe ratio | 1.15 | 0.97 |
| Sortino ratio | 1.77 | 1.49 |
| 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 | Edelweiss Arbitrage Fund (Direct) | ICICI Prudential Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.84% | +7.01% |
| Standard deviation | 0.99% | 1.05% |
| Sharpe ratio | 1.08 | 0.92 |
| Sortino ratio | 1.63 | 1.38 |
| Maximum drawdown | −0.5% (03-06-2020) | −0.6% (03-06-2020) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-06-2014 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.
Edelweiss Arbitrage Fund (Direct)
ICICI Prudential Arbitrage Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Edelweiss Arbitrage Fund (Direct) | −0.5% | 29-05-2020 | 03-06-2020 | 14-08-2020 | 2 months | −0.0% |
| ICICI Prudential Arbitrage Fund (Direct) | −0.6% | 29-05-2020 | 03-06-2020 | 20-08-2020 | 3 months | −0.1% |
From daily values since 30-06-2014, 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.
Edelweiss Arbitrage Fund (Direct)
ICICI Prudential 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.
Edelweiss Arbitrage Fund (Direct)
ICICI Prudential 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.
Edelweiss Arbitrage Fund (Direct)
ICICI Prudential Arbitrage Fund (Direct)
Edelweiss Arbitrage vs ICICI Prudential Arbitrage: Portfolio Overlap
From each fund's latest monthly portfolio: Edelweiss Arbitrage Fund, September 2026; ICICI Prudential Arbitrage Fund, September 2026
Holdings in common
- Overlap
- 47.4%
- Held by both
- 158
- Only in Edelweiss Arbitrage
- 33
- Only in ICICI Prudential Arbitrage
- 34
| Security | % of Edelweiss Arbitrage | % of ICICI Prudential Arbitrage |
|---|---|---|
| HDFC Bank Ltd. | 5.01% | 3.36% |
| Reliance Industries Ltd. | 2.66% | 4.44% |
| Vodafone Idea Ltd. | 1.61% | 2.99% |
| Axis Bank Ltd. | 1.53% | 2.94% |
| Bharti Airtel Ltd. | 1.50% | 2.04% |
| Adani Energy Solutions Ltd. | 2.01% | 1.31% |
| State Bank of India | 1.16% | 2.35% |
| Canara Bank | 1.15% | 1.23% |
| Bharat Heavy Electricals Ltd. | 0.98% | 1.35% |
| Adani Power Ltd. | 0.97% | 1.10% |
| Infosys Ltd. | 1.01% | 0.96% |
| JSW Steel Ltd. | 1.05% | 0.92% |
| Steel Authority of India Ltd. | 0.85% | 0.84% |
| Bajaj Finance Ltd. | 0.77% | 1.63% |
| NMDC Ltd. | 1.35% | 0.75% |
| Coal India Ltd. | 0.73% | 1.65% |
| ITC Ltd. | 0.72% | 0.76% |
| Glenmark Pharmaceuticals Ltd. | 1.29% | 0.69% |
| Punjab National Bank | 0.71% | 0.69% |
| IDFC First Bank Ltd. | 0.65% | 0.69% |
| Adani Enterprises Ltd. | 1.61% | 0.63% |
| Power Finance Corporation Ltd. | 0.61% | 1.51% |
| ICICI Bank Ltd. | 5.42% | 0.59% |
| Divi's Laboratories Ltd. | 0.58% | 0.75% |
| Manappuram Finance Ltd. | 0.62% | 0.57% |
| Tata Steel Ltd. | 0.56% | 1.47% |
| SIDBI CD RED 26-02-2027 | 0.51% | 0.68% |
| Bharat Electronics Ltd. | 0.49% | 0.89% |
| Larsen & Toubro Ltd. | 0.64% | 0.49% |
| Kotak Mahindra Bank Ltd. | 0.56% | 0.48% |
| Hindalco Industries Ltd. | 1.08% | 0.46% |
| Adani Green Energy Ltd. | 0.46% | 0.97% |
| Bandhan Bank Ltd. | 0.75% | 0.46% |
| Life Insurance Corporation of India | 0.42% | 0.52% |
| Jio Financial Services Ltd. | 0.42% | 1.07% |
| PUNJAB NATIONAL BANK CD RED 10-02-2027 | 0.69% | 0.41% |
| UPL Ltd. | 0.50% | 0.39% |
| Hindustan Unilever Ltd. | 0.94% | 0.39% |
| Coforge Ltd. | 0.55% | 0.37% |
| Bank of Baroda | 0.73% | 0.37% |
| Cummins India Ltd. | 0.37% | 1.25% |
| NTPC Ltd. | 1.37% | 0.37% |
| Eicher Motors Ltd. | 0.38% | 0.36% |
| Yes Bank Ltd. | 0.87% | 0.35% |
| Indus Towers Ltd. | 1.71% | 0.33% |
| Crompton Greaves Cons Electrical Ltd. | 0.48% | 0.32% |
| The Indian Hotels Company Ltd. | 0.32% | 0.96% |
| Biocon Ltd. | 0.32% | 0.34% |
| The Federal Bank Ltd. | 0.31% | 0.34% |
| Ultratech Cement Ltd. | 0.36% | 0.30% |
| Indian Oil Corporation Ltd. | 0.43% | 0.29% |
| Ambuja Cements Ltd. | 0.29% | 0.85% |
| NABARD CD RED 14-01-2027 | 0.69% | 0.28% |
| Titan Company Ltd. | 0.26% | 0.31% |
| Swiggy Ltd. | 0.25% | 0.25% |
| VARUN BEVERAGES LIMITED | 0.25% | 0.91% |
| Multi Commodity Exchange Of India Ltd. | 0.25% | 0.89% |
| Container Corporation Of India Ltd. | 0.26% | 0.25% |
| IndusInd Bank Ltd. | 0.36% | 0.25% |
| APL Apollo Tubes Ltd. | 0.24% | 1.37% |
| Aurobindo Pharma Ltd. | 0.56% | 0.23% |
| TVS Motor Company Ltd. | 1.10% | 0.23% |
| HDFC Asset Management Company Ltd. | 0.23% | 0.46% |
| Maruti Suzuki India Ltd. | 0.22% | 0.61% |
| Torrent Pharmaceuticals Ltd. | 0.39% | 0.21% |
| Jindal Steel Ltd. | 0.20% | 0.35% |
| Eternal Ltd. | 0.52% | 0.17% |
| HDFC BANK CD RED 22-01-2027 | 0.17% | 0.41% |
| Apollo Hospitals Enterprise Ltd. | 0.17% | 0.29% |
| AU Small Finance Bank Ltd. | 0.37% | 0.17% |
| Delhivery Ltd. | 0.44% | 0.17% |
| Laurus Labs Ltd. | 0.25% | 0.16% |
| Bajaj Auto Ltd. | 0.19% | 0.15% |
| JSW Energy Ltd. | 0.15% | 0.32% |
| Max Financial Services Ltd. | 0.15% | 0.23% |
| Tata Power Company Ltd. | 0.15% | 0.37% |
| Fortis Healthcare Ltd. | 0.14% | 0.24% |
| Marico Ltd. | 0.14% | 0.39% |
| Vedanta Ltd. | 0.28% | 0.14% |
| PUNJAB NATIONAL BANK CD 04-02-27 | 0.69% | 0.14% |
| Hitachi Energy India Ltd. | 0.13% | 0.22% |
| Godrej Properties Ltd. | 0.32% | 0.13% |
| Tata Consumer Products Ltd. | 0.32% | 0.12% |
| Shriram Finance Ltd. | 0.12% | 0.25% |
| Ashok Leyland Ltd. | 0.63% | 0.12% |
| Trent Ltd. | 0.21% | 0.12% |
| Tata Motors Passenger Vehicles Ltd. | 0.11% | 0.42% |
| GE Vernova T&D India Limited | 0.11% | 0.13% |
| InterGlobe Aviation Ltd. | 0.11% | 0.14% |
| BANK OF BARODA CD RED 25-01-2027 | 0.10% | 0.21% |
| Bank of India | 0.22% | 0.10% |
| HDFC Life Insurance Company Ltd. | 0.58% | 0.10% |
| Info Edge (India) Ltd. | 0.52% | 0.10% |
| Power Grid Corporation of India Ltd. | 0.10% | 0.10% |
| One 97 Communications Ltd. | 0.14% | 0.09% |
| Hindustan Petroleum Corporation Ltd. | 0.09% | 0.31% |
| Central Depository Services (I) Ltd. | 0.09% | 0.10% |
| Dabur India Ltd. | 0.11% | 0.09% |
| Muthoot Finance Ltd. | 0.08% | 0.32% |
| GMR Airports Ltd. | 0.08% | 0.21% |
| Inox Wind Ltd. | 0.12% | 0.07% |
| Kalyan Jewellers India Ltd. | 0.28% | 0.07% |
| Indian Energy Exchange Ltd. | 0.11% | 0.07% |
| BSE Ltd. | 0.57% | 0.07% |
| Godrej Consumer Products Ltd. | 0.07% | 0.09% |
| SBI Life Insurance Company Ltd. | 0.07% | 0.09% |
| Lupin Ltd. | 0.07% | 0.51% |
| Aditya Birla Capital Ltd. | 0.07% | 0.08% |
| KEI Industries Ltd. | 0.07% | 0.47% |
| PNB Housing Finance Ltd. | 0.13% | 0.06% |
| Hindustan Aeronautics Ltd. | 0.06% | 0.24% |
| Oil & Natural Gas Corporation Ltd. | 0.06% | 0.13% |
| Pidilite Industries Ltd. | 0.06% | 0.06% |
| Alkem Laboratories Ltd. | 0.06% | 0.29% |
| Tech Mahindra Ltd. | 0.06% | 0.24% |
| HCL Technologies Ltd. | 0.06% | 0.18% |
| Bajaj Finserv Ltd. | 0.06% | 0.31% |
| Astral Ltd. | 0.23% | 0.06% |
| Cholamandalam Investment & Finance Company Ltd. | 0.40% | 0.06% |
| Cipla Ltd. | 0.05% | 0.20% |
| CG Power and Industrial Solutions Ltd. | 0.05% | 0.05% |
| Tata Consultancy Services Ltd. | 0.05% | 0.30% |
| Patanjali Foods Ltd. | 0.05% | 0.33% |
| Adani Ports & Special Economic Zone Ltd. | 0.05% | 0.12% |
| Union Bank of India | 0.13% | 0.04% |
| RBL Bank Ltd. | 0.14% | 0.04% |
| Asian Paints Ltd. | 0.04% | 0.08% |
| LIC Housing Finance Ltd. | 0.04% | 0.24% |
| National Aluminium Company Ltd. | 0.04% | 0.06% |
| GAIL (India) Ltd. | 0.05% | 0.04% |
| Hindustan Zinc Ltd. | 0.27% | 0.04% |
| Polycab India Ltd. | 0.04% | 0.03% |
| Mahindra & Mahindra Ltd. | 0.03% | 0.52% |
| Samvardhana Motherson International Ltd. | 0.03% | 0.37% |
| Tube Investments Of India Ltd. | 0.03% | 0.15% |
| Lodha Developers Ltd. | 0.07% | 0.03% |
| National Buildings Construction Corporation Ltd. | 0.13% | 0.03% |
| Bharat Petroleum Corporation Ltd. | 0.14% | 0.03% |
| KPIT Technologies Ltd. | 0.03% | 0.02% |
| The Phoenix Mills Ltd. | 0.02% | 0.08% |
| Voltas Ltd. | 0.02% | 0.09% |
| Mphasis Ltd. | 0.02% | 0.04% |
| Bharat Forge Ltd. | 0.02% | 0.08% |
| Bosch Ltd. | 0.21% | 0.02% |
| Computer Age Management Services Ltd. | 0.03% | 0.02% |
| Oberoi Realty Ltd. | 0.06% | 0.02% |
| Supreme Industries Ltd. | 0.14% | 0.01% |
| Angel One Ltd. | 0.08% | 0.01% |
| United Spirits Ltd. | 0.05% | 0.01% |
| Suzlon Energy Ltd. | 0.01% | 0.04% |
| Sun Pharmaceutical Industries Ltd. | 0.01% | 0.23% |
| Sagility Ltd. | 0.01% | 0.02% |
| ABB India Ltd. | 0.01% | 0.05% |
| Avenue Supermarts Ltd. | 0.01% | 0.09% |
| Nestle India Ltd. | 0.01% | 0.15% |
| PG Electroplast Ltd. | 0.01% | 0.02% |
| SRF Ltd. | 0.01% | 0.03% |
| FSN E-Commerce Ventures Ltd. | 0.12% | 0.01% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 47.4% means 47.4% 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 Edelweiss Arbitrage Fund
| Security | % of fund |
|---|---|
| EDELWEISS LIQUID FUND - DIRECT PL -GR | 7.91% |
| EDELWEISS MONEY MARKET FUND - DIRECT PL | 4.08% |
| SIDBI CD RED 11-06-2027 | 2.00% |
| CANARA BANK CD RD 29-06-27 | 1.33% |
| SIDBI CD RED 18-02-2027 | 1.20% |
Largest holdings only in ICICI Prudential Arbitrage Fund
| Security | % of fund |
|---|---|
| ICICI Prudential Money Market Fund - Direct Plan - Growth | 14.97% |
| Union Bank Of India | 1.92% |
| Union Bank Of India | 1.78% |
| HDFC Bank Ltd. | 1.37% |
| Small Industries Development Bank Of India. | 1.10% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Edelweiss Arbitrage | ICICI Prudential Arbitrage |
|---|---|---|
| Equity | 69.1% | 71.1% |
| Debt | 16.3% | 11.9% |
| Cash and others | 14.6% | 17.0% |
Market cap of stocks
| Market cap | Edelweiss Arbitrage | ICICI Prudential Arbitrage |
|---|---|---|
| Large Cap | 51.3% | 54.2% |
| Mid Cap | 14.6% | 14.7% |
| Small Cap | 3.2% | 2.2% |
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
| Sector | Edelweiss Arbitrage | ICICI Prudential Arbitrage |
|---|---|---|
| Banks | 20.1% | 14.4% |
| Finance | 3.5% | 6.1% |
| Telecom - Services | 4.8% | 5.4% |
| Power | 5.2% | 4.5% |
| Petroleum Products | 3.3% | 5.1% |
| Pharmaceuticals & Biotechnology | 3.6% | 3.7% |
The six largest sectors of each fund's stocks, % of the fund.
Edelweiss Arbitrage vs ICICI Prudential Arbitrage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Edelweiss Arbitrage Fund | ICICI Prudential Arbitrage Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.53% | 1.63% |
| Base expense ratio (Direct) | 0.33% | 0.34% |
| Total expense ratio (Regular) | 2.20% | 2.16% |
| Base expense ratio (Regular) | 0.90% | 0.79% |
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 Edelweiss Arbitrage with
Edelweiss Arbitrage Fund vs ICICI Prudential Arbitrage Fund: Frequently Asked Questions
What is the difference between Edelweiss Arbitrage Fund and ICICI Prudential Arbitrage Fund?
Both are Arbitrage funds, run by Edelweiss Mutual Fund and ICICI Prudential Mutual Fund. Their portfolios overlap 47.4%. Edelweiss Arbitrage Fund charges 1.53% a year and ICICI Prudential Arbitrage Fund 1.63%.
Which has given higher returns, Edelweiss Arbitrage Fund or ICICI Prudential Arbitrage Fund?
Over 1 year: Edelweiss Arbitrage Fund +6.66%, ICICI Prudential Arbitrage Fund +6.62%. Over 3 years: Edelweiss Arbitrage Fund +7.37% a year, ICICI Prudential Arbitrage Fund +7.27% a year. Over 5 years: Edelweiss Arbitrage Fund +6.92% a year, ICICI Prudential Arbitrage Fund +6.77% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Edelweiss Arbitrage Fund or ICICI Prudential Arbitrage Fund?
Edelweiss Arbitrage Fund charges less: 1.53% a year against 1.63%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Edelweiss Arbitrage Fund and ICICI Prudential Arbitrage Fund overlap?
47.4%. They hold 158 of the same securities, the largest shared ones being HDFCBANK, RELIANCE, IDEA. From each fund's latest monthly portfolio.
Which is better for SIP, Edelweiss Arbitrage Fund or ICICI Prudential Arbitrage Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,33,242 in Edelweiss Arbitrage Fund (XIRR 7.2% a year) and ₹7,31,362 in ICICI Prudential Arbitrage Fund (XIRR 7.1% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Edelweiss Arbitrage Fund and ICICI Prudential Arbitrage Fund?
Yes. 47.4% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Edelweiss Arbitrage Fund and ICICI Prudential Arbitrage Fund?
Edelweiss Arbitrage Fund: Bhavesh Jain, Amit Vora, Rahul Dedhia, Hetul Raval. ICICI Prudential Arbitrage Fund: Archana Nair, Nikhil Kabra, Ajaykumar Solanki, Darshil Dedhia.
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.