Groww Arbitrage Fund vs Old Bridge Arbitrage Fund
Direct Plan, Growth option · Data as on 30-10-2026
Groww Arbitrage Fund and Old Bridge Arbitrage Fund are both Arbitrage funds. Groww Arbitrage Fund charges 1.86% a year and Old Bridge Arbitrage Fund 1.09% (Direct plans). Their portfolios overlap 34.3%: they hold 33 of the same securities.
Which is better, Groww Arbitrage or Old Bridge Arbitrage? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Old Bridge Arbitrage costs less: 1.09% a year against 1.86% (Direct plans).
- Groww Arbitrage fell less in its worst fall since 29-04-2026: −0.6% against −0.7%.
- Old Bridge Arbitrage is the larger fund: ₹254 Cr against ₹70 Cr.
- Their portfolios overlap 34.3%: 33 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 | Groww Arbitrage Fund | Old Bridge Arbitrage Fund |
|---|---|---|
| Fund house | Groww Mutual Fund | Old Bridge Mutual Fund |
| Category | Arbitrage | Arbitrage |
| AUM | ₹70 Cr (30-09-2026) | ₹254 Cr (30-09-2026) |
| NAV | ₹10.31 (Direct) | ₹10.62 (Direct) |
| Expense ratio (Direct) | 1.86% | 1.09% |
| Expense ratio (Regular) | 2.56% | 1.94% |
| Riskometer | Low to Moderate | Low |
| Benchmark | Nifty 50 Arbitrage TRI | Nifty 50 Arbitrage TRI |
| Launch date | 28-04-2026 | 13-11-2025 |
| Minimum investment | ₹500 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Paras Matalia, Shashi Kumar, Wilfred Gonsalves | Kenneth Joseph Andrade |
| Exit load | • 0.25% if redeemed within 30 Days from thedate of allotment. • Nil - if redeemed after 30 Days from the dateof allotment | Exit load of 0.25%, if redeemed within 7 Days. |
Groww Arbitrage vs Old Bridge 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 |
|---|---|---|---|---|---|---|---|
| Groww Arbitrage Fund (Direct) | +0.60% | +1.45% | +3.08% | -- | -- | -- | -- |
| Old Bridge Arbitrage Fund (Direct) | +0.55% | +1.49% | +3.19% | -- | -- | -- | -- |
| Arbitrage average | +0.56% | +1.52% | +3.20% | -- | -- | -- | -- |
Category average: the average of the 39 Arbitrage funds, same plan type.
Groww Arbitrage vs Old Bridge Arbitrage: Year-wise Returns
| Year | GrowwGroww Arbitrage | Old BridgeOld Bridge Arbitrage |
|---|---|---|
| 2026to date | -- | +5.31% |
Groww Arbitrage vs Old Bridge Arbitrage: Rolling Returns
Every holding period of both funds
Groww Arbitrage vs Old Bridge Arbitrage: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Groww Arbitrage Fund (Direct) | Old Bridge Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.13% | +6.43% |
| Standard deviation | 2.14% | 1.68% |
| Sharpe ratio | 0.40 | 0.71 |
| Sortino ratio | 0.59 | 1.06 |
| Maximum drawdown | −0.6% (06-08-2026) | −0.7% (29-05-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 29-04-2026 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.
Groww Arbitrage Fund (Direct)
Old Bridge Arbitrage Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Groww Arbitrage Fund (Direct) | −0.6% | 03-08-2026 | 06-08-2026 | 01-09-2026 | 26 days | −0.1% |
| Old Bridge Arbitrage Fund (Direct) | −0.7% | 18-05-2026 | 29-05-2026 | 04-06-2026 | 6 days | −0.1% |
From daily values since 29-04-2026, the first day every fund has.
Groww Arbitrage vs Old Bridge Arbitrage: Portfolio Overlap
From each fund's latest monthly portfolio: Groww Arbitrage Fund, September 2026; Old Bridge Arbitrage Fund, September 2026
Holdings in common
- Overlap
- 34.3%
- Held by both
- 33
- Only in Groww Arbitrage
- 8
- Only in Old Bridge Arbitrage
- 64
| Security | % of Groww Arbitrage | % of Old Bridge Arbitrage |
|---|---|---|
| Reliance Industries Limited | 6.90% | 5.43% |
| ICICI Bank Limited | 8.50% | 5.25% |
| HDFC Bank Limited | 6.35% | 4.76% |
| Tata Steel Limited | 2.84% | 2.44% |
| Indus Towers Limited | 2.28% | 3.73% |
| Divi's Laboratories Limited | 4.94% | 1.28% |
| IDFC First Bank Limited | 1.19% | 2.23% |
| Canara Bank | 5.79% | 1.18% |
| Bank of Baroda | 1.07% | 0.90% |
| Power Finance Corporation Limited | 2.01% | 0.88% |
| Varun Beverages Limited | 0.87% | 0.96% |
| Bharti Airtel Limited | 0.84% | 3.72% |
| Tata Consumer Products Limited | 0.75% | 1.30% |
| The Federal Bank Limited | 3.76% | 0.72% |
| Hindalco Industries Limited | 0.66% | 1.22% |
| Kotak Mahindra Bank Limited | 0.96% | 0.59% |
| State Bank of India | 0.52% | 1.33% |
| Bharat Forge Limited | 0.97% | 0.49% |
| Bajaj Finance Limited | 2.38% | 0.48% |
| Yes Bank Ltd | 1.40% | 0.39% |
| Crompton Greaves Consumer Electrical Ltd | 0.39% | 0.64% |
| ITC Limited | 1.30% | 0.38% |
| Multi Commodity Exchange of India Ltd. | 0.32% | 0.82% |
| Hindustan Aeronautics Limited | 0.30% | 1.21% |
| IndusInd Bank Limited | 0.36% | 0.25% |
| UltraTech Cement Limited | 0.24% | 1.36% |
| Sun Pharmaceutical Industries Limited | 0.09% | 0.58% |
| HDFC Life Insurance Company Limited | 0.08% | 0.84% |
| Hindustan Unilever Limited | 0.08% | 0.56% |
| Bajaj Finserv Limited | 0.07% | 0.80% |
| Adani Port & Special Economic Zone Ltd | 1.47% | 0.07% |
| Mahindra & Mahindra Limited | 0.17% | 0.07% |
| Container Corporation of India Limited | 0.08% | 0.07% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 34.3% means 34.3% 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 Groww Arbitrage Fund
| Security | % of fund |
|---|---|
| Groww Mutual Fund | 22.19% |
| Life Insurance Corporation Of India | 6.75% |
| Solar Industries India Limited | 4.24% |
| Sagility Limited | 0.88% |
| TVS Motor Company Limited | 0.52% |
Largest holdings only in Old Bridge Arbitrage Fund
| Security | % of fund |
|---|---|
| 364 Days Tbill (MD 13/05/2027) | 5.70% |
| Shriram Finance Limited | 2.97% |
| Axis Bank Limited | 2.36% |
| 182 Days Tbill (MD 19/11/2026) | 1.96% |
| 364 Days Tbill (MD 17/12/2026) | 1.95% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Groww Arbitrage | Old Bridge Arbitrage |
|---|---|---|
| Equity | 73.1% | 79.4% |
| Debt | 0.0% | 11.5% |
| Cash and others | 26.9% | 9.1% |
Market cap of stocks
| Market cap | Groww Arbitrage | Old Bridge Arbitrage |
|---|---|---|
| Large Cap | 63.5% | 64.1% |
| Mid Cap | 8.3% | 13.3% |
| Small Cap | 1.3% | 1.9% |
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 | Groww Arbitrage | Old Bridge Arbitrage |
|---|---|---|
| Banks | 29.9% | 22.2% |
| Finance | 4.5% | 7.5% |
| Telecom - Services | 3.1% | 7.5% |
| Petroleum Products | 6.9% | 5.5% |
| Insurance | 6.8% | 1.1% |
| Pharmaceuticals & Biotechnology | 5.0% | 4.2% |
| Ferrous Metals | 2.8% | 4.4% |
| Chemicals & Petrochemicals | 4.2% | 0.3% |
The six largest sectors of each fund's stocks, % of the fund.
Groww Arbitrage vs Old Bridge Arbitrage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Groww Arbitrage Fund | Old Bridge Arbitrage Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.86% | 1.09% |
| Base expense ratio (Direct) | 0.21% | 0.12% |
| Total expense ratio (Regular) | 2.56% | 1.94% |
| Base expense ratio (Regular) | 0.83% | 0.84% |
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 Groww Arbitrage with
Groww Arbitrage Fund vs Old Bridge Arbitrage Fund: Frequently Asked Questions
What is the difference between Groww Arbitrage Fund and Old Bridge Arbitrage Fund?
Both are Arbitrage funds, run by Groww Mutual Fund and Old Bridge Mutual Fund. Their portfolios overlap 34.3%. Groww Arbitrage Fund charges 1.86% a year and Old Bridge Arbitrage Fund 1.09%.
Which has the lower expense ratio, Groww Arbitrage Fund or Old Bridge Arbitrage Fund?
Old Bridge Arbitrage Fund charges less: 1.09% a year against 1.86%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Groww Arbitrage Fund and Old Bridge Arbitrage Fund overlap?
34.3%. They hold 33 of the same securities, the largest shared ones being RELIANCE, ICICIBANK, HDFCBANK. From each fund's latest monthly portfolio.
Which is riskier, Groww Arbitrage Fund or Old Bridge Arbitrage Fund?
On SEBI's riskometer, Groww Arbitrage Fund is rated Low to Moderate and Old Bridge Arbitrage Fund Low. Over their common history, the standard deviation of daily returns was 2.14% and 1.68% a year.
Can I invest in both Groww Arbitrage Fund and Old Bridge Arbitrage Fund?
Yes. 34.3% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Groww Arbitrage Fund and Old Bridge Arbitrage Fund?
Groww Arbitrage Fund: Paras Matalia, Shashi Kumar, Wilfred Gonsalves. Old Bridge Arbitrage Fund: Kenneth Joseph Andrade.
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.