HDFC Arbitrage Fund vs Nippon India Arbitrage Fund
Direct Plan, Growth option · Data as on 30-10-2026
HDFC Arbitrage Fund and Nippon India Arbitrage Fund are both Arbitrage funds. In the 3 years to 30-10-2026, HDFC Arbitrage Fund (Direct) returned 7.3% a year and Nippon India Arbitrage Fund (Direct) returned 7.3% a year. HDFC Arbitrage Fund charges 1.48% a year and Nippon India Arbitrage Fund 1.35% (Direct plans). Their portfolios overlap 49.2%: they hold 137 of the same securities.
Nippon India Arbitrage Fund
Arbitrage
- 3 year return
- 7.3%
- Expense ratio
- 1.35%
- NAV
- ₹31.21
Which is better, HDFC Arbitrage or Nippon India Arbitrage? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Nippon India Arbitrage returned more over 5 years: 6.8% a year against 6.7%.
- Nippon India Arbitrage returned more over 3 years: 7.3% a year against 7.3%.
- Nippon India Arbitrage costs less: 1.35% a year against 1.48% (Direct plans).
- Nippon India Arbitrage swung less over 3 years: a standard deviation of 1.1% a year against 1.1%.
- Nippon India Arbitrage fell less in its worst fall since 27-03-2014: −0.6% against −0.7%.
- HDFC Arbitrage is the larger fund: ₹25,407 Cr against ₹17,216 Cr.
- Their portfolios overlap 49.2%: 137 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 | HDFC Arbitrage Fund | Nippon India Arbitrage Fund |
|---|---|---|
| Fund house | HDFC Mutual Fund | Nippon India Mutual Fund |
| Category | Arbitrage | Arbitrage |
| AUM | ₹25,407 Cr (30-09-2026) | ₹17,216 Cr (30-09-2026) |
| NAV | ₹21.93 (Direct) | ₹31.21 (Direct) |
| Expense ratio (Direct) | 1.48% | 1.35% |
| Expense ratio (Regular) | 2.02% | 2.04% |
| Riskometer | Low | Not available |
| Benchmark | Nifty 50 Arbitrage TRI | Not available |
| Launch date | 23-10-2007 | Not available |
| Minimum investment | ₹100 | Not available |
| Lock in | None | Not available |
| Fund managers | Nandita Menezes, Arun Agarwal, Anil Bamboli, Gopal Agrawal | Not available |
| Exit load | • In respect of each purchase / switch-in of Units, an Exit load of 0.25% is payable if Units are redeemed / switched-out within 15 days from the date of allotment of units. • No Exit Load is payable if Units are redeemed/switched-out after 15 days from the date of allotment. | Not available |
HDFC Arbitrage vs Nippon India 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 |
|---|---|---|---|---|---|---|---|
| HDFC Arbitrage Fund (Direct) | +0.55% | +1.55% | +3.25% | +6.66% | +7.26% | +6.73% | +6.13% |
| Nippon India Arbitrage Fund (Direct) | +0.52% | +1.54% | +3.29% | +6.71% | +7.28% | +6.83% | +6.47% |
| 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.
HDFC Arbitrage vs Nippon India Arbitrage: Year-wise Returns
| Year | HDFCHDFC Arbitrage | Nippon IndiaNippon India Arbitrage |
|---|---|---|
| 2026to date | +5.43% | +5.47% |
| 2025 | +6.93% | +6.94% |
| 2024 | +8.22% | +8.23% |
| 2023 | +7.78% | +7.85% |
| 2022 | +4.73% | +4.94% |
| 2021 | +4.17% | +4.54% |
HDFC Arbitrage vs Nippon India Arbitrage: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 2,364 of them, one for each trading day from 27-03-2017 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.
HDFC Arbitrage Fund (Direct)
Nippon India Arbitrage Fund (Direct)
to
Jan 2018Aug 2016
to
Aug 2019Apr 2018
to
Apr 2021Nov 2019
to
Nov 2022Jul 2021
to
Jul 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| HDFC Arbitrage | 0.0 | 16.6 | 83.4 | 0.0 | 0.0 | 0.0 | 0.0 | 6.2% | 6.3% | 4.2% | 7.8% |
| Nippon India Arbitrage | 0.0 | 10.5 | 89.5 | 0.0 | 0.0 | 0.0 | 0.0 | 6.6% | 6.9% | 4.6% | 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 27-03-2014. Past returns do not promise future returns.
HDFC Arbitrage vs Nippon India 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 27-03-2014 to 30-10-2026: 152 instalments, ₹15,20,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| HDFC ArbitrageHDFC Arbitrage Fund (Direct) | ₹15,20,000 | ₹23,04,061 | ₹7,84,061 | 6.3% |
| Nippon India ArbitrageNippon India Arbitrage Fund (Direct) | ₹15,20,000 | ₹23,45,275 | ₹8,25,275 | 6.6% |
HDFC ArbitrageHDFC Arbitrage Fund (Direct)
Nippon India ArbitrageNippon India 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.
HDFC Arbitrage vs Nippon India Arbitrage: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | HDFC Arbitrage Fund (Direct) | Nippon India Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.66% | +6.71% |
| Standard deviation | 1.39% | 1.33% |
| Sharpe ratio | 1.01 | 1.10 |
| Sortino ratio | 1.55 | 1.71 |
| Maximum drawdown | −0.5% (06-08-2026) | −0.5% (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 | HDFC Arbitrage Fund (Direct) | Nippon India Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.26% | +7.28% |
| Standard deviation | 1.10% | 1.06% |
| Sharpe ratio | 1.12 | 1.18 |
| Sortino ratio | 1.71 | 1.81 |
| Maximum drawdown | −0.5% (06-08-2026) | −0.5% (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 | HDFC Arbitrage Fund (Direct) | Nippon India Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.73% | +6.83% |
| Standard deviation | 1.01% | 0.98% |
| Sharpe ratio | 0.92 | 1.05 |
| Sortino ratio | 1.39 | 1.61 |
| Maximum drawdown | −0.5% (06-08-2026) | −0.5% (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 | HDFC Arbitrage Fund (Direct) | Nippon India Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.43% | +7.06% |
| Standard deviation | 1.02% | 1.07% |
| Sharpe ratio | 0.60 | 0.95 |
| Sortino ratio | 0.87 | 1.44 |
| Maximum drawdown | −0.7% (25-03-2020) | −0.6% (25-03-2020) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 27-03-2014 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.
HDFC Arbitrage Fund (Direct)
Nippon India Arbitrage Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| HDFC Arbitrage Fund (Direct) | −0.7% | 16-03-2020 | 25-03-2020 | 03-04-2020 | 9 days | −0.1% |
| Nippon India Arbitrage Fund (Direct) | −0.6% | 16-03-2020 | 25-03-2020 | 31-03-2020 | 6 days | −0.0% |
From daily values since 27-03-2014, 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.
HDFC Arbitrage Fund (Direct)
Nippon India 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.
HDFC Arbitrage Fund (Direct)
Nippon India 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.
HDFC Arbitrage Fund (Direct)
Nippon India Arbitrage Fund (Direct)
HDFC Arbitrage vs Nippon India Arbitrage: Portfolio Overlap
From each fund's latest monthly portfolio: HDFC Arbitrage Fund, September 2026; Nippon India Arbitrage Fund, September 2026
Holdings in common
- Overlap
- 49.2%
- Held by both
- 137
- Only in HDFC Arbitrage
- 32
- Only in Nippon India Arbitrage
- 32
| Security | % of HDFC Arbitrage | % of Nippon India Arbitrage |
|---|---|---|
| HDFC Bank Ltd. | 5.04% | 4.62% |
| ICICI Bank Ltd. | 5.04% | 4.21% |
| Reliance Industries Ltd. | 3.39% | 4.83% |
| Axis Bank Ltd. | 2.87% | 2.45% |
| State Bank of India | 2.30% | 2.02% |
| JSW Steel Ltd. | 2.32% | 1.81% |
| Bajaj Finance Ltd. | 1.80% | 1.71% |
| Tata Steel Ltd. | 1.55% | 1.35% |
| Canara Bank | 1.52% | 1.17% |
| Kotak Mahindra Bank Limited | 1.44% | 1.09% |
| VODAFONE IDEA LIMITED | 1.03% | 1.34% |
| Bharti Airtel Ltd. | 3.31% | 0.91% |
| Coal India Ltd. | 0.87% | 0.92% |
| Hindalco Industries Ltd. | 0.73% | 0.76% |
| TVS Motor Company Ltd. | 1.10% | 0.72% |
| Indus Towers Limited | 0.81% | 0.60% |
| Steel Authority Of India Ltd. | 0.60% | 1.11% |
| Infosys Limited | 0.57% | 0.68% |
| Larsen and Toubro Ltd. | 0.54% | 1.31% |
| NMDC Limited | 0.67% | 0.52% |
| ADANI ENTERPRISES LIMTIED | 0.49% | 1.32% |
| Eicher Motors Ltd. | 0.58% | 0.48% |
| Punjab National Bank | 1.27% | 0.47% |
| ITC LIMITED | 0.59% | 0.46% |
| Glenmark Pharmaceuticals Ltd. | 0.46% | 0.95% |
| Bank of Baroda | 0.74% | 0.45% |
| Marico Ltd. | 0.57% | 0.45% |
| Bharat Heavy Electricals Ltd. | 0.46% | 0.44% |
| Ambuja Cements Ltd. | 0.44% | 0.77% |
| Mahindra & Mahindra Ltd. | 0.43% | 0.51% |
| Maruti Suzuki India Limited | 0.42% | 1.42% |
| IDFC First Bank Limited | 0.95% | 0.41% |
| Life Insurance Corporation of India | 0.40% | 0.47% |
| INFO EDGE (INDIA) LIMITED | 0.37% | 0.56% |
| Hindustan Unilever Ltd. | 1.43% | 0.36% |
| Varun Beverages Ltd | 0.56% | 0.33% |
| Biocon Ltd. | 0.37% | 0.33% |
| Divis Laboratories Ltd. | 1.26% | 0.32% |
| Tata Consumer Products Limited | 0.49% | 0.32% |
| Indian Oil Corporation Ltd. | 0.48% | 0.32% |
| Jio Financial Services Limited | 0.31% | 1.03% |
| Power Finance Corporation Ltd. | 0.41% | 0.30% |
| Cummins India Ltd. | 0.29% | 0.76% |
| Yes Bank Ltd. | 0.29% | 0.50% |
| Asian Paints Limited | 0.28% | 0.33% |
| Indian Hotels Company Ltd. | 0.27% | 0.38% |
| GE Vernova T&D India Limited | 0.27% | 0.32% |
| Kalyan Jewellers India Ltd | 0.39% | 0.26% |
| HDFC Life Insurance Company Limited | 0.38% | 0.26% |
| Godrej Properties Ltd. | 0.26% | 0.38% |
| Coforge Limited | 0.23% | 0.36% |
| APL Apollo Tubes Ltd. | 0.23% | 0.56% |
| Adani Power (Mundra) Limited | 0.23% | 0.29% |
| NTPC Limited | 0.74% | 0.22% |
| The Tata Power Company Ltd. | 0.30% | 0.22% |
| UltraTech Cement Limited | 0.21% | 0.45% |
| Tata Motors Passenger Vehicles Limited | 0.36% | 0.20% |
| LIC Housing Finance Ltd. | 0.48% | 0.19% |
| Grasim Industries Ltd. | 0.19% | 0.31% |
| Adani Energy Solutions Limited | 0.19% | 1.04% |
| Cholamandalam Investment & Finance Co. Ltd. | 0.62% | 0.18% |
| Ashok Leyland Ltd | 0.29% | 0.18% |
| Adani Green Energy Limited | 0.18% | 0.46% |
| Alkem Laboratories Ltd. | 0.18% | 0.23% |
| Eternal Limited | 0.17% | 0.15% |
| Apollo Hospitals Enterprise Ltd. | 0.59% | 0.14% |
| Voltas Ltd. | 0.21% | 0.14% |
| Torrent Pharmaceuticals Ltd. | 0.16% | 0.14% |
| Bank of India | 0.26% | 0.13% |
| Titan Company Ltd. | 0.24% | 0.13% |
| Bharat Petroleum Corporation Ltd. | 0.23% | 0.13% |
| Aurobindo Pharma Ltd. | 0.17% | 0.13% |
| Cipla Ltd. | 0.13% | 0.29% |
| Bandhan Bank Ltd. | 0.13% | 0.31% |
| Patanjali Foods Limited | 0.13% | 0.38% |
| Aditya Birla Capital ltd. | 0.33% | 0.12% |
| Hindustan Aeronautics Limited | 0.29% | 0.12% |
| Bajaj Auto Limited | 0.18% | 0.11% |
| The Federal Bank Ltd. | 0.11% | 0.44% |
| InterGlobe Aviation Ltd. | 0.62% | 0.10% |
| Indusind Bank Ltd. | 0.10% | 0.60% |
| One 97 Communications Limited | 0.10% | 0.49% |
| Delhivery Limited | 0.09% | 0.14% |
| Lupin Ltd. | 0.15% | 0.08% |
| Bajaj Finserv Ltd. | 0.15% | 0.08% |
| PG Electroplast Limited | 0.08% | 0.09% |
| PNB Housing Finance Ltd. | 0.08% | 0.14% |
| Shriram Finance Ltd. | 0.08% | 0.10% |
| Bharat Electronics Ltd. | 0.46% | 0.07% |
| Samvardhana Motherson International Ltd. | 0.14% | 0.07% |
| Sun Pharmaceutical Industries Ltd. | 0.07% | 0.41% |
| Fortis Healthcare Limited | 0.07% | 0.26% |
| JSW Energy Ltd. | 0.07% | 0.12% |
| Supreme Industries Ltd. | 0.07% | 0.30% |
| Oil & Natural Gas Corporation Ltd. | 0.07% | 0.10% |
| Union Bank of India | 0.07% | 0.09% |
| SBI Life Insurance Company Ltd. | 0.06% | 0.27% |
| Solar Industries India Ltd. | 0.06% | 0.19% |
| Au Small Finance Bank Ltd. | 0.06% | 0.96% |
| Bharat Forge Ltd. | 0.35% | 0.05% |
| INOX Wind Limited | 0.16% | 0.05% |
| GAIL (India) Ltd. | 0.07% | 0.05% |
| Sagility Limited | 0.05% | 0.11% |
| Muthoot Finance Ltd. | 0.05% | 0.37% |
| Jindal Steel Limited. | 0.05% | 0.05% |
| Tube Investments of India Ltd. | 0.08% | 0.04% |
| Swiggy Limited | 0.04% | 0.08% |
| Container Corporation of India Ltd. | 0.04% | 0.27% |
| Tata Consultancy Services Ltd. | 0.04% | 0.11% |
| Trent Ltd. | 0.04% | 0.10% |
| Hindustan Petroleum Corp. Ltd. | 0.32% | 0.03% |
| Radico Khaitan Limited | 0.13% | 0.03% |
| Avenue Supermarts Ltd. | 0.07% | 0.03% |
| Dabur India Ltd. | 0.03% | 0.08% |
| NBCC (India) Limited | 0.03% | 0.08% |
| Nestle India Ltd. | 0.03% | 0.06% |
| SRF Ltd. | 0.03% | 0.07% |
| HCL Technologies Ltd. | 0.03% | 0.17% |
| CG Power and Industrial Solutions Ltd. | 0.05% | 0.02% |
| National Aluminium Co. Ltd. | 0.05% | 0.02% |
| Suzlon Energy Ltd | 0.02% | 0.04% |
| Hindustan Zinc Ltd. | 0.02% | 0.46% |
| Crompton Greaves Consumer Elec. Ltd. | 0.02% | 0.33% |
| PB Fintech Limited | 0.02% | 0.03% |
| Manappuram Finance Ltd. | 0.02% | 0.86% |
| Page Industries Ltd | 0.02% | 0.03% |
| UPL Ltd. | 0.16% | 0.01% |
| MphasiS Limited. | 0.05% | 0.01% |
| United Spirits Limited | 0.05% | 0.01% |
| GMR Airports Limited | 0.04% | 0.01% |
| Hitachi Energy India Ltd. | 0.01% | 0.15% |
| Colgate-Palmolive ( I ) Ltd. | 0.01% | 0.06% |
| Polycab India Limited | 0.01% | 0.02% |
| Angel One Ltd. | 0.01% | 0.07% |
| Adani Ports & Special Economic Zone | 0.01% | 0.06% |
| Laurus Labs Ltd. | 0.01% | 0.16% |
| RBL Bank Ltd. | 0.01% | 0.14% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 49.2% means 49.2% 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 HDFC Arbitrage Fund
| Security | % of fund |
|---|---|
| HDFC Money Market Fund - Direct Plan - Growth Option | 9.14% |
| Union Bank of India | 3.84% |
| HDFC Liquid Fund - Direct Plan - Growth Option | 3.75% |
| HDFC Ultra Short Term Fund - Direct Plan - Growth Option | 2.85% |
| HDFC Ultra Short to Short Term Fund - Direct Plan - Growth Option | 2.64% |
Largest holdings only in Nippon India Arbitrage Fund
| Security | % of fund |
|---|---|
| Nippon India Money Market Fund Dir Pl-Growth-Gr Op | 15.46% |
| Nippon India Ultra Short Term Fund- Dr Gr Op | 8.14% |
| Small Industries Dev Bank of India | 1.14% |
| National Bank For Agriculture and Rural Development | 0.84% |
| HDFC Bank Limited | 0.66% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | HDFC Arbitrage | Nippon India Arbitrage |
|---|---|---|
| Equity | 67.5% | 68.0% |
| Debt | 9.0% | 4.4% |
| Cash and others | 23.4% | 27.6% |
Market cap of stocks
| Market cap | HDFC Arbitrage | Nippon India Arbitrage |
|---|---|---|
| Large Cap | 55.6% | 51.7% |
| Mid Cap | 10.3% | 13.7% |
| Small Cap | 1.7% | 2.6% |
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 | HDFC Arbitrage | Nippon India Arbitrage |
|---|---|---|
| Banks | 22.2% | 20.1% |
| Petroleum Products | 4.4% | 5.3% |
| Finance | 4.3% | 5.2% |
| Telecom - Services | 5.2% | 2.9% |
| Ferrous Metals | 4.5% | 4.3% |
| Automobiles | 3.1% | 3.7% |
| Pharmaceuticals & Biotechnology | 3.0% | 3.0% |
The six largest sectors of each fund's stocks, % of the fund.
HDFC Arbitrage vs Nippon India Arbitrage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | HDFC Arbitrage Fund | Nippon India Arbitrage Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.48% | 1.35% |
| Base expense ratio (Direct) | 0.34% | 0.31% |
| Total expense ratio (Regular) | 2.02% | 2.04% |
| Base expense ratio (Regular) | 0.80% | 0.90% |
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 HDFC Arbitrage with
HDFC Arbitrage Fund vs Nippon India Arbitrage Fund: Frequently Asked Questions
What is the difference between HDFC Arbitrage Fund and Nippon India Arbitrage Fund?
Both are Arbitrage funds, run by HDFC Mutual Fund and Nippon India Mutual Fund. Their portfolios overlap 49.2%. HDFC Arbitrage Fund charges 1.48% a year and Nippon India Arbitrage Fund 1.35%.
Which has given higher returns, HDFC Arbitrage Fund or Nippon India Arbitrage Fund?
Over 1 year: HDFC Arbitrage Fund +6.66%, Nippon India Arbitrage Fund +6.71%. Over 3 years: HDFC Arbitrage Fund +7.26% a year, Nippon India Arbitrage Fund +7.28% a year. Over 5 years: HDFC Arbitrage Fund +6.73% a year, Nippon India Arbitrage Fund +6.83% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, HDFC Arbitrage Fund or Nippon India Arbitrage Fund?
Nippon India Arbitrage Fund charges less: 1.35% a year against 1.48%. These are the Direct plans' total expense ratios reported to AMFI.
How much do HDFC Arbitrage Fund and Nippon India Arbitrage Fund overlap?
49.2%. They hold 137 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, RELIANCE. From each fund's latest monthly portfolio.
Which is better for SIP, HDFC Arbitrage Fund or Nippon India Arbitrage Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,30,981 in HDFC Arbitrage Fund (XIRR 7.1% a year) and ₹7,31,798 in Nippon India Arbitrage Fund (XIRR 7.1% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both HDFC Arbitrage Fund and Nippon India Arbitrage Fund?
Yes. 49.2% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
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.