Edelweiss Arbitrage Fund vs TRUSTMF Arbitrage Fund
Direct Plan, Growth option · Data as on 30-10-2026
Edelweiss Arbitrage Fund and TRUSTMF Arbitrage Fund are both Arbitrage funds. In the year to 30-10-2026, Edelweiss Arbitrage Fund (Direct) returned 6.7% and TRUSTMF Arbitrage Fund (Direct) returned 6.5%. Edelweiss Arbitrage Fund charges 1.53% a year and TRUSTMF Arbitrage Fund 1.42% (Direct plans). Their portfolios overlap 35.4%: they hold 56 of the same securities.
Edelweiss Arbitrage Fund
Arbitrage
- 1 year return
- 6.7%
- Expense ratio
- 1.53%
- NAV
- ₹22.63
TRUSTMF Arbitrage Fund
Arbitrage
- 1 year return
- 6.5%
- Expense ratio
- 1.42%
- NAV
- ₹10.76
Which is better, Edelweiss Arbitrage or TRUSTMF 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 1 year: 6.7% against 6.5%.
- TRUSTMF Arbitrage costs less: 1.42% a year against 1.53% (Direct plans).
- TRUSTMF Arbitrage fell less in its worst fall since 01-09-2025: −0.4% against −0.4%.
- TRUSTMF Arbitrage holds more in large companies: 61.3% of the fund in large caps against 51.3%.
- Edelweiss Arbitrage is the larger fund: ₹14,250 Cr against ₹138 Cr.
- Their portfolios overlap 35.4%: 56 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 | TRUSTMF Arbitrage Fund |
|---|---|---|
| Fund house | Edelweiss Mutual Fund | Trust Mutual Fund |
| Category | Arbitrage | Arbitrage |
| AUM | ₹14,250 Cr (30-09-2026) | ₹138 Cr (30-09-2026) |
| NAV | ₹22.63 (Direct) | ₹10.76 (Direct) |
| Expense ratio (Direct) | 1.53% | 1.42% |
| Expense ratio (Regular) | 2.20% | 2.19% |
| Riskometer | Low | Low |
| Benchmark | Nifty 50 Arbitrage Index | Nifty 50 Arbitrage Index |
| Launch date | 27-06-2014 | 28-08-2025 |
| Minimum investment | ₹100 | ₹1,000 |
| Lock in | None | None |
| Fund managers | Bhavesh Jain, Amit Vora, Rahul Dedhia, Hetul Raval | Mihir Vora, Sachin Parekh |
| 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% If redeemed / switched out within 7 days from the date of allotment. Nil - if redeemed/switched out after 7 days from the date of allotment. |
Edelweiss Arbitrage vs TRUSTMF 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% |
| TRUSTMF Arbitrage Fund (Direct) | +0.56% | +1.52% | +3.18% | +6.53% | -- | -- | -- |
| Arbitrage average | +0.56% | +1.52% | +3.20% | +6.62% | -- | -- | -- |
Category average: the average of the 39 Arbitrage funds, same plan type.
Edelweiss Arbitrage vs TRUSTMF Arbitrage: Year-wise Returns
| Year | EdelweissEdelweiss Arbitrage | TRUSTMFTRUSTMF Arbitrage |
|---|---|---|
| 2026to date | +5.42% | +5.30% |
| 2025 | +7.07% | -- |
| 2024 | +8.44% | -- |
| 2023 | +7.89% | -- |
| 2022 | +5.11% | -- |
| 2021 | +4.58% | -- |
Edelweiss Arbitrage vs TRUSTMF Arbitrage: Rolling Returns
Every holding period of both funds
Rolling returns
Every 1-year holding period, 39 of them, one for each trading day from 01-09-2026 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.
Edelweiss Arbitrage Fund (Direct)
TRUSTMF Arbitrage Fund (Direct)
to
Sept 2026Sept 2025
to
Sept 2026Sept 2025
to
Sept 2026Oct 2025
to
Oct 2026Oct 2025
to
Oct 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Edelweiss Arbitrage | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 6.7% | 6.7% | 6.4% | 6.9% |
| TRUSTMF Arbitrage | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 6.5% | 6.5% | 6.2% | 6.7% |
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 01-09-2025. Past returns do not promise future returns.
Edelweiss Arbitrage vs TRUSTMF 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 01-09-2025 to 30-10-2026: 14 instalments, ₹1,40,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Edelweiss ArbitrageEdelweiss Arbitrage Fund (Direct) | ₹1,40,000 | ₹1,45,617 | ₹5,617 | 6.5% |
| TRUSTMF ArbitrageTRUSTMF Arbitrage Fund (Direct) | ₹1,40,000 | ₹1,45,491 | ₹5,491 | 6.4% |
Edelweiss ArbitrageEdelweiss Arbitrage Fund (Direct)
TRUSTMF ArbitrageTRUSTMF 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 TRUSTMF 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) | TRUSTMF Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.66% | +6.53% |
| Standard deviation | 1.28% | 1.41% |
| Sharpe ratio | 1.11 | 0.91 |
| Sortino ratio | 1.73 | 1.37 |
| Maximum drawdown | −0.4% (06-08-2026) | −0.4% (17-08-2026) |
| 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) | TRUSTMF Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.84% | +6.47% |
| Standard deviation | 0.99% | 1.33% |
| Sharpe ratio | 1.08 | 0.89 |
| Sortino ratio | 1.63 | 1.34 |
| Maximum drawdown | −0.5% (03-06-2020) | −0.4% (17-08-2026) |
| 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)
TRUSTMF 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% |
| TRUSTMF Arbitrage Fund (Direct) | −0.4% | 03-08-2026 | 17-08-2026 | 24-08-2026 | 7 days | −0.1% |
From daily values since 01-09-2025, 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.
Edelweiss Arbitrage Fund (Direct)
TRUSTMF Arbitrage Fund (Direct)
Edelweiss Arbitrage vs TRUSTMF Arbitrage: Portfolio Overlap
From each fund's latest monthly portfolio: Edelweiss Arbitrage Fund, September 2026; TRUSTMF Arbitrage Fund, September 2026
Holdings in common
- Overlap
- 35.4%
- Held by both
- 56
- Only in Edelweiss Arbitrage
- 135
- Only in TRUSTMF Arbitrage
- 1
| Security | % of Edelweiss Arbitrage | % of TRUSTMF Arbitrage |
|---|---|---|
| ICICI Bank Ltd. | 5.42% | 4.09% |
| HDFC Bank Ltd. | 5.01% | 4.08% |
| Reliance Industries Ltd. | 2.66% | 3.83% |
| Indus Towers Ltd. | 1.71% | 2.53% |
| Vodafone Idea Ltd. | 1.61% | 2.55% |
| Axis Bank Ltd. | 1.53% | 5.61% |
| Bharti Airtel Ltd. | 1.50% | 3.15% |
| State Bank of India | 1.16% | 1.51% |
| Canara Bank | 1.15% | 6.38% |
| Adani Energy Solutions Ltd. | 2.01% | 0.97% |
| Yes Bank Ltd. | 0.87% | 1.75% |
| Bajaj Finance Ltd. | 0.77% | 2.61% |
| Bandhan Bank Ltd. | 0.75% | 1.91% |
| ITC Ltd. | 0.72% | 1.25% |
| Punjab National Bank | 0.71% | 1.31% |
| IDFC First Bank Ltd. | 0.65% | 0.82% |
| Glenmark Pharmaceuticals Ltd. | 1.29% | 0.64% |
| Bank of Baroda | 0.73% | 0.64% |
| Larsen & Toubro Ltd. | 0.64% | 2.20% |
| Tata Steel Ltd. | 0.56% | 2.28% |
| Kotak Mahindra Bank Ltd. | 0.56% | 0.85% |
| Manappuram Finance Ltd. | 0.62% | 0.48% |
| Crompton Greaves Cons Electrical Ltd. | 0.48% | 0.52% |
| HDFC Life Insurance Company Ltd. | 0.58% | 0.46% |
| Info Edge (India) Ltd. | 0.52% | 0.44% |
| Cholamandalam Investment & Finance Company Ltd. | 0.40% | 0.66% |
| Hindalco Industries Ltd. | 1.08% | 0.38% |
| Eicher Motors Ltd. | 0.38% | 0.62% |
| Cummins India Ltd. | 0.37% | 0.48% |
| IndusInd Bank Ltd. | 0.36% | 0.55% |
| Ultratech Cement Ltd. | 0.36% | 0.83% |
| The Indian Hotels Company Ltd. | 0.32% | 0.95% |
| Ambuja Cements Ltd. | 0.29% | 0.91% |
| Kalyan Jewellers India Ltd. | 0.28% | 2.93% |
| Titan Company Ltd. | 0.26% | 0.47% |
| VARUN BEVERAGES LIMITED | 0.25% | 0.60% |
| Astral Ltd. | 0.23% | 1.73% |
| HDFC Asset Management Company Ltd. | 0.23% | 0.65% |
| Maruti Suzuki India Ltd. | 0.22% | 3.95% |
| Power Finance Corporation Ltd. | 0.61% | 0.21% |
| Apollo Hospitals Enterprise Ltd. | 0.17% | 1.33% |
| Inox Wind Ltd. | 0.12% | 0.13% |
| Eternal Ltd. | 0.52% | 0.11% |
| Indian Energy Exchange Ltd. | 0.11% | 1.49% |
| InterGlobe Aviation Ltd. | 0.11% | 0.38% |
| SBI Cards & Payment Services Ltd. | 0.22% | 0.07% |
| Indian Oil Corporation Ltd. | 0.43% | 0.05% |
| Patanjali Foods Ltd. | 0.05% | 0.79% |
| Adani Ports & Special Economic Zone Ltd. | 0.05% | 0.12% |
| Power Grid Corporation of India Ltd. | 0.10% | 0.04% |
| Asian Paints Ltd. | 0.04% | 0.35% |
| LIC Housing Finance Ltd. | 0.04% | 0.46% |
| Mahindra & Mahindra Ltd. | 0.03% | 1.07% |
| The Phoenix Mills Ltd. | 0.02% | 0.05% |
| Sun Pharmaceutical Industries Ltd. | 0.01% | 0.23% |
| Nestle India Ltd. | 0.01% | 1.57% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 35.4% means 35.4% 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% |
| Adani Enterprises Ltd. | 1.61% |
| NTPC Ltd. | 1.37% |
Largest holdings only in TRUSTMF Arbitrage Fund
| Security | % of fund |
|---|---|
| TRUSTMF Liquid Fund-Direct Plan-Growth | 18.59% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Edelweiss Arbitrage | TRUSTMF Arbitrage |
|---|---|---|
| Equity | 69.1% | 77.0% |
| Debt | 16.3% | 0.0% |
| Cash and others | 14.6% | 23.0% |
Market cap of stocks
| Market cap | Edelweiss Arbitrage | TRUSTMF Arbitrage |
|---|---|---|
| Large Cap | 51.3% | 61.3% |
| Mid Cap | 14.6% | 10.7% |
| Small Cap | 3.2% | 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 | Edelweiss Arbitrage | TRUSTMF Arbitrage |
|---|---|---|
| Banks | 20.1% | 29.5% |
| Telecom - Services | 4.8% | 8.2% |
| Automobiles | 2.0% | 5.6% |
| Power | 5.2% | 1.0% |
| Finance | 3.5% | 4.5% |
| Consumer Durables | 1.1% | 4.3% |
| Petroleum Products | 3.3% | 3.9% |
| Pharmaceuticals & Biotechnology | 3.6% | 0.9% |
The six largest sectors of each fund's stocks, % of the fund.
Edelweiss Arbitrage vs TRUSTMF Arbitrage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Edelweiss Arbitrage Fund | TRUSTMF Arbitrage Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.53% | 1.42% |
| Base expense ratio (Direct) | 0.33% | 0.17% |
| Total expense ratio (Regular) | 2.20% | 2.19% |
| Base expense ratio (Regular) | 0.90% | 0.85% |
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 TRUSTMF Arbitrage Fund: Frequently Asked Questions
What is the difference between Edelweiss Arbitrage Fund and TRUSTMF Arbitrage Fund?
Both are Arbitrage funds, run by Edelweiss Mutual Fund and Trust Mutual Fund. Their portfolios overlap 35.4%. Edelweiss Arbitrage Fund charges 1.53% a year and TRUSTMF Arbitrage Fund 1.42%.
Which has given higher returns, Edelweiss Arbitrage Fund or TRUSTMF Arbitrage Fund?
Over 1 year: Edelweiss Arbitrage Fund +6.66%, TRUSTMF Arbitrage Fund +6.53%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Edelweiss Arbitrage Fund or TRUSTMF Arbitrage Fund?
TRUSTMF Arbitrage Fund charges less: 1.42% a year against 1.53%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Edelweiss Arbitrage Fund and TRUSTMF Arbitrage Fund overlap?
35.4%. They hold 56 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, RELIANCE. From each fund's latest monthly portfolio.
Which is riskier, Edelweiss Arbitrage Fund or TRUSTMF Arbitrage Fund?
On SEBI's riskometer, Edelweiss Arbitrage Fund is rated Low and TRUSTMF Arbitrage Fund Low. Over 1 years, the standard deviation of daily returns was 1.28% and 1.41% a year.
Can I invest in both Edelweiss Arbitrage Fund and TRUSTMF Arbitrage Fund?
Yes. 35.4% 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 TRUSTMF Arbitrage Fund?
Edelweiss Arbitrage Fund: Bhavesh Jain, Amit Vora, Rahul Dedhia, Hetul Raval. TRUSTMF Arbitrage Fund: Mihir Vora, Sachin Parekh.
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.