Edelweiss Arbitrage Fund vs Mirae Asset Arbitrage Fund
Direct Plan, Growth option · Data as on 30-10-2026
Edelweiss Arbitrage Fund and Mirae Asset Arbitrage Fund are both Arbitrage funds. In the 3 years to 30-10-2026, Edelweiss Arbitrage Fund (Direct) returned 7.4% a year and Mirae Asset Arbitrage Fund (Direct) returned 7.3% a year. Edelweiss Arbitrage Fund charges 1.53% a year and Mirae Asset Arbitrage Fund 2.48% (Direct plans). Their portfolios overlap 34.6%: they hold 154 of the same securities.
Edelweiss Arbitrage Fund
Arbitrage
- 3 year return
- 7.4%
- Expense ratio
- 1.53%
- NAV
- ₹22.63
Mirae Asset Arbitrage Fund
Arbitrage
- 3 year return
- 7.3%
- Expense ratio
- 2.48%
- NAV
- ₹14.71
Which is better, Edelweiss Arbitrage or Mirae Asset 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 2.48% (Direct plans).
- Edelweiss Arbitrage swung less over 3 years: a standard deviation of 1.1% a year against 1.2%.
- Edelweiss Arbitrage fell less in its worst fall since 22-06-2020: −0.4% against −0.4%.
- Edelweiss Arbitrage holds more in large companies: 51.3% of the fund in large caps against 37.6%.
- Edelweiss Arbitrage is the larger fund: ₹14,250 Cr against ₹3,571 Cr.
- Their portfolios overlap 34.6%: 154 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 | Mirae Asset Arbitrage Fund |
|---|---|---|
| Fund house | Edelweiss Mutual Fund | Mirae Asset Mutual Fund |
| Category | Arbitrage | Arbitrage |
| AUM | ₹14,250 Cr (30-09-2026) | ₹3,571 Cr (30-09-2026) |
| NAV | ₹22.63 (Direct) | ₹14.71 (Direct) |
| Expense ratio (Direct) | 1.53% | 2.48% |
| Expense ratio (Regular) | 2.20% | 3.25% |
| Riskometer | Low | Low |
| Benchmark | Nifty 50 Arbitrage Index | Nifty 50 Arbitrage Index |
| Launch date | 27-06-2014 | 19-06-2020 |
| Minimum investment | ₹100 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Bhavesh Jain, Amit Vora, Rahul Dedhia, Hetul Raval | Jignesh Rao, Jigar Sethia, Pranavi Kulkarni |
| 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" | Exit Load : 0.25% If Redeemed or Switched Out within 15 days from the date of allotment. Nil after 15 Days. |
Edelweiss Arbitrage vs Mirae Asset 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% |
| Mirae Asset Arbitrage Fund (Direct) | +0.62% | +1.57% | +3.33% | +6.73% | +7.35% | +6.82% | -- |
| Arbitrage average | +0.56% | +1.52% | +3.20% | +6.62% | +7.18% | +6.68% | -- |
Category average: the average of the 39 Arbitrage funds, same plan type.
Edelweiss Arbitrage vs Mirae Asset Arbitrage: Year-wise Returns
| Year | EdelweissEdelweiss Arbitrage | Mirae AssetMirae Asset Arbitrage |
|---|---|---|
| 2026to date | +5.42% | +5.52% |
| 2025 | +7.07% | +6.99% |
| 2024 | +8.44% | +8.36% |
| 2023 | +7.89% | +7.82% |
| 2022 | +5.11% | +4.84% |
| 2021 | +4.58% | +4.19% |
Edelweiss Arbitrage vs Mirae Asset Arbitrage: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 826 of them, one for each trading day from 22-06-2023 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)
Mirae Asset Arbitrage Fund (Direct)
to
Sept 2023Apr 2021
to
Apr 2024Nov 2021
to
Nov 2024Jun 2022
to
Jun 2025Jan 2023
to
Jan 2026Jul 2023
to
Jul 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 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7.0% | 7.2% | 5.1% | 7.9% |
| Mirae Asset Arbitrage | 0.0 | 1.3 | 98.7 | 0.0 | 0.0 | 0.0 | 0.0 | 6.8% | 7.1% | 4.9% | 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 22-06-2020. Past returns do not promise future returns.
Edelweiss Arbitrage vs Mirae Asset 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 01-06-2020 to 30-10-2026: 77 instalments, ₹7,70,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Edelweiss ArbitrageEdelweiss Arbitrage Fund (Direct) | ₹7,70,000 | ₹9,64,945 | ₹1,94,945 | 6.9% |
| Mirae Asset ArbitrageMirae Asset Arbitrage Fund (Direct) | ₹7,70,000 | ₹9,62,712 | ₹1,92,712 | 6.9% |
Edelweiss ArbitrageEdelweiss Arbitrage Fund (Direct)
Mirae Asset ArbitrageMirae Asset 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 Mirae Asset 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) | Mirae Asset Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.66% | +6.73% |
| Standard deviation | 1.28% | 1.45% |
| Sharpe ratio | 1.11 | 1.02 |
| 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) | Mirae Asset Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.37% | +7.35% |
| Standard deviation | 1.05% | 1.16% |
| Sharpe ratio | 1.27 | 1.14 |
| Sortino ratio | 1.98 | 1.73 |
| 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) | Mirae Asset Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.92% | +6.82% |
| Standard deviation | 0.98% | 1.06% |
| Sharpe ratio | 1.15 | 0.96 |
| Sortino ratio | 1.77 | 1.46 |
| 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) | Mirae Asset Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.84% | +6.25% |
| Standard deviation | 0.99% | 1.03% |
| Sharpe ratio | 1.08 | 0.99 |
| Sortino ratio | 1.63 | 1.49 |
| Maximum drawdown | −0.5% (03-06-2020) | −0.4% (06-08-2026) |
| 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)
Mirae Asset 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) | −0.4% | 03-08-2026 | 06-08-2026 | 24-08-2026 | 18 days | −0.0% |
| Mirae Asset Arbitrage Fund (Direct) | −0.4% | 03-08-2026 | 06-08-2026 | 31-08-2026 | 25 days | −0.0% |
From daily values since 22-06-2020, 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)
Mirae Asset 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)
Mirae Asset 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)
Mirae Asset Arbitrage Fund (Direct)
Edelweiss Arbitrage vs Mirae Asset Arbitrage: Portfolio Overlap
From each fund's latest monthly portfolio: Edelweiss Arbitrage Fund, September 2026; Mirae Asset Arbitrage Fund, September 2026
Holdings in common
- Overlap
- 34.6%
- Held by both
- 154
- Only in Edelweiss Arbitrage
- 37
- Only in Mirae Asset Arbitrage
- 42
| Security | % of Edelweiss Arbitrage | % of Mirae Asset Arbitrage |
|---|---|---|
| Infosys Ltd. | 1.01% | 0.90% |
| Reliance Industries Ltd. | 2.66% | 0.83% |
| ICICI Bank Ltd. | 5.42% | 0.71% |
| State Bank of India | 1.16% | 0.66% |
| Larsen & Toubro Ltd. | 0.64% | 1.78% |
| TVS Motor Company Ltd. | 1.10% | 0.62% |
| Axis Bank Ltd. | 1.53% | 0.60% |
| Ashok Leyland Ltd. | 0.63% | 0.59% |
| Divi's Laboratories Ltd. | 0.58% | 0.61% |
| BSE Ltd. | 0.57% | 0.91% |
| Aurobindo Pharma Ltd. | 0.56% | 0.67% |
| Bajaj Finance Ltd. | 0.77% | 0.56% |
| NMDC Ltd. | 1.35% | 0.55% |
| Bharti Airtel Ltd. | 1.50% | 0.54% |
| JSW Steel Ltd. | 1.05% | 0.53% |
| Tata Steel Ltd. | 0.56% | 0.52% |
| Info Edge (India) Ltd. | 0.52% | 0.64% |
| Coal India Ltd. | 0.73% | 0.48% |
| HDFC Bank Ltd. | 5.01% | 0.46% |
| Glenmark Pharmaceuticals Ltd. | 1.29% | 0.46% |
| NTPC Ltd. | 1.37% | 0.45% |
| Delhivery Ltd. | 0.44% | 0.62% |
| Hindustan Unilever Ltd. | 0.94% | 0.44% |
| Bandhan Bank Ltd. | 0.75% | 0.43% |
| Vodafone Idea Ltd. | 1.61% | 0.43% |
| Life Insurance Corporation of India | 0.42% | 0.72% |
| ITC Ltd. | 0.72% | 0.41% |
| Coforge Ltd. | 0.55% | 0.41% |
| Canara Bank | 1.15% | 0.40% |
| Bank of Baroda | 0.73% | 0.39% |
| Adani Green Energy Ltd. | 0.46% | 0.38% |
| Eicher Motors Ltd. | 0.38% | 0.39% |
| Adani Energy Solutions Ltd. | 2.01% | 0.37% |
| Cummins India Ltd. | 0.37% | 0.72% |
| Adani Enterprises Ltd. | 1.61% | 0.36% |
| IndusInd Bank Ltd. | 0.36% | 0.45% |
| Ultratech Cement Ltd. | 0.36% | 0.49% |
| Punjab National Bank | 0.71% | 0.34% |
| Hindalco Industries Ltd. | 1.08% | 0.34% |
| Cholamandalam Investment & Finance Company Ltd. | 0.40% | 0.34% |
| The Indian Hotels Company Ltd. | 0.32% | 0.35% |
| Tata Consumer Products Ltd. | 0.32% | 0.37% |
| Biocon Ltd. | 0.32% | 0.42% |
| Godrej Properties Ltd. | 0.32% | 0.53% |
| Indus Towers Ltd. | 1.71% | 0.31% |
| The Federal Bank Ltd. | 0.31% | 0.53% |
| HDFC Life Insurance Company Ltd. | 0.58% | 0.30% |
| UPL Ltd. | 0.50% | 0.30% |
| AU Small Finance Bank Ltd. | 0.37% | 0.28% |
| Vedanta Ltd. | 0.28% | 0.71% |
| Kalyan Jewellers India Ltd. | 0.28% | 0.75% |
| Indian Oil Corporation Ltd. | 0.43% | 0.28% |
| Jio Financial Services Ltd. | 0.42% | 0.28% |
| Torrent Pharmaceuticals Ltd. | 0.39% | 0.27% |
| Hindustan Zinc Ltd. | 0.27% | 0.30% |
| Titan Company Ltd. | 0.26% | 0.54% |
| Eternal Ltd. | 0.52% | 0.26% |
| Ambuja Cements Ltd. | 0.29% | 0.25% |
| Swiggy Ltd. | 0.25% | 0.40% |
| VARUN BEVERAGES LIMITED | 0.25% | 0.28% |
| Multi Commodity Exchange Of India Ltd. | 0.25% | 0.74% |
| Laurus Labs Ltd. | 0.25% | 0.44% |
| Crompton Greaves Cons Electrical Ltd. | 0.48% | 0.25% |
| Power Finance Corporation Ltd. | 0.61% | 0.24% |
| APL Apollo Tubes Ltd. | 0.24% | 0.92% |
| Adani Power Ltd. | 0.97% | 0.24% |
| Astral Ltd. | 0.23% | 0.43% |
| HDFC Asset Management Company Ltd. | 0.23% | 0.37% |
| Yes Bank Ltd. | 0.87% | 0.22% |
| SBI Cards & Payment Services Ltd. | 0.22% | 0.28% |
| Maruti Suzuki India Ltd. | 0.22% | 0.74% |
| IDFC First Bank Ltd. | 0.65% | 0.22% |
| Container Corporation Of India Ltd. | 0.26% | 0.21% |
| Bosch Ltd. | 0.21% | 0.39% |
| Trent Ltd. | 0.21% | 0.80% |
| Bank of India | 0.22% | 0.20% |
| Bajaj Auto Ltd. | 0.19% | 0.27% |
| Apollo Hospitals Enterprise Ltd. | 0.17% | 0.35% |
| Bharat Heavy Electricals Ltd. | 0.98% | 0.17% |
| JSW Energy Ltd. | 0.15% | 0.43% |
| Max Financial Services Ltd. | 0.15% | 0.25% |
| Tata Power Company Ltd. | 0.15% | 0.18% |
| 360 One Wam Ltd. | 0.15% | 0.44% |
| Bharat Petroleum Corporation Ltd. | 0.14% | 0.63% |
| Fortis Healthcare Ltd. | 0.14% | 0.36% |
| Supreme Industries Ltd. | 0.14% | 0.22% |
| Marico Ltd. | 0.14% | 0.40% |
| One 97 Communications Ltd. | 0.14% | 0.45% |
| Hitachi Energy India Ltd. | 0.13% | 0.40% |
| PNB Housing Finance Ltd. | 0.13% | 0.35% |
| Union Bank of India | 0.13% | 0.25% |
| FSN E-Commerce Ventures Ltd. | 0.12% | 0.23% |
| National Buildings Construction Corporation Ltd. | 0.13% | 0.12% |
| Dabur India Ltd. | 0.11% | 0.26% |
| Indian Energy Exchange Ltd. | 0.11% | 0.28% |
| Tata Motors Passenger Vehicles Ltd. | 0.11% | 0.30% |
| GE Vernova T&D India Limited | 0.11% | 0.28% |
| InterGlobe Aviation Ltd. | 0.11% | 0.61% |
| Power Grid Corporation of India Ltd. | 0.10% | 0.20% |
| Manappuram Finance Ltd. | 0.62% | 0.09% |
| Hindustan Petroleum Corporation Ltd. | 0.09% | 0.38% |
| Central Depository Services (I) Ltd. | 0.09% | 0.48% |
| Wipro Ltd. | 0.14% | 0.09% |
| Muthoot Finance Ltd. | 0.08% | 0.45% |
| Angel One Ltd. | 0.08% | 0.77% |
| Shriram Finance Ltd. | 0.12% | 0.07% |
| Godrej Consumer Products Ltd. | 0.07% | 0.15% |
| SBI Life Insurance Company Ltd. | 0.07% | 0.40% |
| Lupin Ltd. | 0.07% | 0.39% |
| Lodha Developers Ltd. | 0.07% | 0.21% |
| Aditya Birla Capital Ltd. | 0.07% | 0.33% |
| KEI Industries Ltd. | 0.07% | 0.27% |
| Kotak Mahindra Bank Ltd. | 0.56% | 0.06% |
| Hindustan Aeronautics Ltd. | 0.06% | 0.17% |
| Oberoi Realty Ltd. | 0.06% | 0.44% |
| Oil & Natural Gas Corporation Ltd. | 0.06% | 0.41% |
| Pidilite Industries Ltd. | 0.06% | 0.71% |
| Alkem Laboratories Ltd. | 0.06% | 0.36% |
| Tech Mahindra Ltd. | 0.06% | 0.28% |
| Bajaj Finserv Ltd. | 0.06% | 0.31% |
| CG Power and Industrial Solutions Ltd. | 0.05% | 0.52% |
| Premier Energies Ltd. | 0.05% | 0.64% |
| GAIL (India) Ltd. | 0.05% | 0.44% |
| Tata Consultancy Services Ltd. | 0.05% | 0.84% |
| Patanjali Foods Ltd. | 0.05% | 0.68% |
| Adani Ports & Special Economic Zone Ltd. | 0.05% | 0.34% |
| United Spirits Ltd. | 0.05% | 0.26% |
| Asian Paints Ltd. | 0.04% | 0.43% |
| LIC Housing Finance Ltd. | 0.04% | 0.73% |
| National Aluminium Company Ltd. | 0.04% | 0.43% |
| Polycab India Ltd. | 0.04% | 0.65% |
| Siemens Energy India Ltd. | 0.05% | 0.04% |
| GMR Airports Ltd. | 0.08% | 0.04% |
| KPIT Technologies Ltd. | 0.03% | 0.22% |
| Mahindra & Mahindra Ltd. | 0.03% | 0.55% |
| Computer Age Management Services Ltd. | 0.03% | 0.47% |
| Samvardhana Motherson International Ltd. | 0.03% | 0.32% |
| Tube Investments Of India Ltd. | 0.03% | 0.38% |
| The Phoenix Mills Ltd. | 0.02% | 0.48% |
| Voltas Ltd. | 0.02% | 0.35% |
| Mphasis Ltd. | 0.02% | 0.34% |
| Bharat Forge Ltd. | 0.02% | 0.55% |
| Rail Vikas Nigam Ltd. | 0.09% | 0.01% |
| Jindal Steel Ltd. | 0.20% | 0.01% |
| Suzlon Energy Ltd. | 0.01% | 0.21% |
| Sun Pharmaceutical Industries Ltd. | 0.01% | 0.55% |
| Sagility Ltd. | 0.01% | 0.29% |
| ABB India Ltd. | 0.01% | 0.25% |
| Avenue Supermarts Ltd. | 0.01% | 0.32% |
| Nestle India Ltd. | 0.01% | 0.34% |
| Motilal Oswal Financial Services Ltd. | 0.01% | 0.39% |
| PG Electroplast Ltd. | 0.01% | 0.56% |
| Indian Bank | 0.01% | 0.09% |
| SRF Ltd. | 0.01% | 0.53% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 34.6% means 34.6% 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 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 Mirae Asset Arbitrage Fund
| Security | % of fund |
|---|---|
| Mirae Asset Liquid Fund-Direct Plan-Growth | 9.89% |
| Mirae Asset Money Market Fund-Direct Plan-Growth | 4.94% |
| Grasim Industries Ltd. | 0.74% |
| Radico Khaitan Ltd. | 0.58% |
| Havells India Ltd. | 0.54% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Edelweiss Arbitrage | Mirae Asset Arbitrage |
|---|---|---|
| Equity | 69.1% | 73.5% |
| Debt | 16.3% | 0.0% |
| Cash and others | 14.6% | 26.5% |
Market cap of stocks
| Market cap | Edelweiss Arbitrage | Mirae Asset Arbitrage |
|---|---|---|
| Large Cap | 51.3% | 37.6% |
| Mid Cap | 14.6% | 29.0% |
| Small Cap | 3.2% | 6.8% |
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 | Mirae Asset Arbitrage |
|---|---|---|
| Banks | 20.1% | 6.7% |
| Power | 5.2% | 2.6% |
| Capital Markets | 1.5% | 5.1% |
| Telecom - Services | 4.8% | 1.3% |
| Pharmaceuticals & Biotechnology | 3.6% | 4.7% |
| Finance | 3.5% | 4.5% |
| Automobiles | 2.0% | 3.7% |
| Consumer Durables | 1.1% | 3.7% |
| Petroleum Products | 3.3% | 2.1% |
The six largest sectors of each fund's stocks, % of the fund.
Edelweiss Arbitrage vs Mirae Asset Arbitrage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Edelweiss Arbitrage Fund | Mirae Asset Arbitrage Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.53% | 2.48% |
| Base expense ratio (Direct) | 0.33% | 0.13% |
| Total expense ratio (Regular) | 2.20% | 3.25% |
| Base expense ratio (Regular) | 0.90% | 0.78% |
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 Mirae Asset Arbitrage Fund: Frequently Asked Questions
What is the difference between Edelweiss Arbitrage Fund and Mirae Asset Arbitrage Fund?
Both are Arbitrage funds, run by Edelweiss Mutual Fund and Mirae Asset Mutual Fund. Their portfolios overlap 34.6%. Edelweiss Arbitrage Fund charges 1.53% a year and Mirae Asset Arbitrage Fund 2.48%.
Which has given higher returns, Edelweiss Arbitrage Fund or Mirae Asset Arbitrage Fund?
Over 1 year: Edelweiss Arbitrage Fund +6.66%, Mirae Asset Arbitrage Fund +6.73%. Over 3 years: Edelweiss Arbitrage Fund +7.37% a year, Mirae Asset Arbitrage Fund +7.35% a year. Over 5 years: Edelweiss Arbitrage Fund +6.92% a year, Mirae Asset Arbitrage Fund +6.82% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Edelweiss Arbitrage Fund or Mirae Asset Arbitrage Fund?
Edelweiss Arbitrage Fund charges less: 1.53% a year against 2.48%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Edelweiss Arbitrage Fund and Mirae Asset Arbitrage Fund overlap?
34.6%. They hold 154 of the same securities, the largest shared ones being INFY, RELIANCE, ICICIBANK. From each fund's latest monthly portfolio.
Which is riskier, Edelweiss Arbitrage Fund or Mirae Asset Arbitrage Fund?
On SEBI's riskometer, Edelweiss Arbitrage Fund is rated Low and Mirae Asset Arbitrage Fund Low. Over 3 years, the standard deviation of daily returns was 1.05% and 1.16% a year.
Which is better for SIP, Edelweiss Arbitrage Fund or Mirae Asset 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 ₹7,32,571 in Mirae Asset 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 Mirae Asset Arbitrage Fund?
Yes. 34.6% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Edelweiss Arbitrage Fund and Mirae Asset Arbitrage Fund?
Edelweiss Arbitrage Fund: Bhavesh Jain, Amit Vora, Rahul Dedhia, Hetul Raval. Mirae Asset Arbitrage Fund: Jignesh Rao, Jigar Sethia, Pranavi Kulkarni.
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.