Helios Arbitrage Fund vs Motilal Oswal Nifty 100 ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Helios Arbitrage Fund is an Arbitrage fund and Motilal Oswal Nifty 100 ETF is an ETF fund. Helios Arbitrage Fund charges 1.76% a year and Motilal Oswal Nifty 100 ETF 0.68%. Their portfolios overlap 37.5%: they hold 23 of the same securities.
Which is better, Helios Arbitrage or Motilal Oswal Nifty 100 ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Motilal Oswal Nifty 100 ETF costs less: 0.68% a year against 1.76%.
- Helios Arbitrage fell less in its worst fall since 23-03-2026: −0.5% against −10.1%.
- Motilal Oswal Nifty 100 ETF holds more in large companies: 98.0% of the fund in large caps against 68.6%.
- Helios Arbitrage is the larger fund: ₹133 Cr against ₹16 Cr.
- Their portfolios overlap 37.5%: 23 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 | Helios Arbitrage Fund | Motilal Oswal Nifty 100 ETF |
|---|---|---|
| Fund house | Helios Mutual Fund | Motilal Oswal Mutual Fund |
| Category | Arbitrage | ETF |
| AUM | ₹133 Cr (30-09-2026) | ₹16 Cr (30-09-2026) |
| NAV | ₹10.36 (Direct) | ₹24.13 |
| Expense ratio (Direct) | 1.76% | Not available |
| Expense ratio (Regular) | 2.28% | Not available |
| Riskometer | Low | Very High |
| Benchmark | Nifty 50 Arbitrage TRI | Nifty 100 TRI |
| Launch date | 20-03-2026 | 16-10-2025 |
| Minimum investment | ₹5,000 | Ongoing Basis: On Exchange: Investors can buy/sell units of the Scheme in round lots of 1 unit and in multiples thereof. Directly with the Mutual Fund: For Eligible investors: Transactions must be in multiple of unit creation size and the execution value |
| Lock in | None | None |
| Fund managers | Alok Bahl, Pratik Singh | Swapnil Mayekar, Dishant Mehta, Rakesh Shetty |
| Exit load | Exit load of 0.25%, if redeemed within 7 Days. | Nil |
Helios Arbitrage vs Motilal Oswal Nifty 100 ETF: 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 |
|---|---|---|---|---|---|---|---|
| Helios Arbitrage Fund (Direct) | +0.58% | +1.37% | +2.98% | -- | -- | -- | -- |
| Motilal Oswal Nifty 100 ETF | +1.00% | −5.44% | −3.26% | −9.06% | -- | -- | -- |
| Arbitrage average | +0.56% | +1.52% | +3.20% | -- | -- | -- | -- |
Category average: the average of the 39 Arbitrage funds, same plan type.
Helios Arbitrage vs Motilal Oswal Nifty 100 ETF: Year-wise Returns
| Year | Helios ArbitrageHelios Arbitrage | Motilal Oswal Nifty 100 ETFMotilal Oswal Nifty 100 ETF |
|---|---|---|
| 2026to date | -- | −9.75% |
Helios Arbitrage vs Motilal Oswal Nifty 100 ETF: Rolling Returns
Every holding period of both funds, against Nifty 100 TRI, the benchmark of Motilal Oswal Nifty 100 ETF
Helios Arbitrage vs Motilal Oswal Nifty 100 ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Helios Arbitrage Fund (Direct) | Motilal Oswal Nifty 100 ETF |
|---|---|---|
| Return (CAGR) | +5.84% | −7.74% |
| Standard deviation | 1.99% | 13.84% |
| Sharpe ratio | 0.29 | -0.94 |
| Sortino ratio | 0.43 | -1.25 |
| Maximum drawdown | −0.5% (04-09-2026) | −15.0% (31-03-2026) |
| Beta | -- | 1.00 |
| Alpha | -- | −0.41% |
From daily NAVs, 23-03-2026 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.
Helios Arbitrage Fund (Direct)
Motilal Oswal Nifty 100 ETF
Nifty 100 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Helios Arbitrage Fund (Direct) | −0.5% | 31-08-2026 | 04-09-2026 | 10-09-2026 | 6 days | −0.1% |
| Motilal Oswal Nifty 100 ETF | −10.1% | 03-08-2026 | 08-10-2026 | Not yet | -- | −7.4% |
| Nifty 100 TRI | −10.0% | 03-08-2026 | 08-10-2026 | Not yet | -- | −7.3% |
From daily values since 23-03-2026, the first day every fund has.
Helios Arbitrage vs Motilal Oswal Nifty 100 ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Helios Arbitrage Fund, September 2026; Motilal Oswal Nifty 100 ETF, September 2026
Holdings in common
- Overlap
- 37.5%
- Held by both
- 23
- Only in Helios Arbitrage
- 12
- Only in Motilal Oswal Nifty 100 ETF
- 77
| Security | % of Helios Arbitrage | % of Motilal Oswal Nifty 100 ETF |
|---|---|---|
| HDFC Bank Ltd. | 6.93% | 8.41% |
| Reliance Industries Ltd. | 5.80% | 6.15% |
| ICICI Bank Ltd. | 5.78% | 7.34% |
| Larsen & Toubro Ltd. | 3.51% | 3.41% |
| State Bank of India | 4.22% | 3.07% |
| Axis Bank Ltd. | 5.59% | 2.73% |
| Bharti Airtel Ltd. | 1.95% | 4.14% |
| Tata Steel Ltd. | 4.77% | 1.18% |
| Hindalco Industries Ltd. | 1.74% | 1.06% |
| Eicher Motors Ltd. | 4.36% | 0.77% |
| Bajaj Finance Ltd. | 0.65% | 2.03% |
| Cipla Ltd. | 1.20% | 0.59% |
| Jio Financial Services Ltd. | 1.80% | 0.55% |
| Asian Paints Ltd. | 0.41% | 0.84% |
| Power Finance Corporation Ltd. | 0.64% | 0.37% |
| HDFC Asset Management Co. Ltd. | 1.24% | 0.36% |
| Jindal Steel Ltd. | 2.72% | 0.33% |
| Bank of Baroda | 2.13% | 0.33% |
| Canara Bank | 3.64% | 0.31% |
| Punjab National Bank | 0.95% | 0.30% |
| Union Bank of India | 0.68% | 0.26% |
| Muthoot Finance Ltd. | 1.36% | 0.23% |
| Maruti Suzuki India Ltd. | 0.18% | 1.21% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 37.5% means 37.5% 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 Helios Arbitrage Fund
| Security | % of fund |
|---|---|
| Life Insurance Corporation of India | 5.58% |
| 364 DAY T-BILL 28.01.27 | 3.69% |
| 364 DAY T-BILL 11.03.27 | 3.67% |
| 364 DAY T-BILL 13.05.27 | 3.63% |
| 364 DAY T-BILL 06.05.27 | 3.63% |
Largest holdings only in Motilal Oswal Nifty 100 ETF
| Security | % of fund |
|---|---|
| Infosys Limited | 2.72% |
| Kotak Mahindra Bank Ltd | 2.38% |
| Mahindra & Mahindra Limited | 2.04% |
| ITC Limited | 1.96% |
| Eternal Limited | 1.80% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Helios Arbitrage | Motilal Oswal Nifty 100 ETF |
|---|---|---|
| Equity | 75.3% | 100.0% |
| Debt | 21.8% | 0.0% |
| Cash and others | 2.9% | -0.0% |
Market cap of stocks
| Market cap | Helios Arbitrage | Motilal Oswal Nifty 100 ETF |
|---|---|---|
| Large Cap | 68.6% | 98.0% |
| Mid Cap | 5.1% | 2.0% |
| Small Cap | 1.6% | 0.0% |
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 | Helios Arbitrage | Motilal Oswal Nifty 100 ETF |
|---|---|---|
| Banks | 31.1% | 25.1% |
| Ferrous Metals | 7.5% | 2.4% |
| Petroleum Products | 5.8% | 7.0% |
| IT - Software | 0.0% | 6.7% |
| Automobiles | 4.5% | 6.4% |
| Finance | 4.5% | 6.2% |
| Insurance | 5.6% | 1.0% |
| Telecom - Services | 2.8% | 4.4% |
The six largest sectors of each fund's stocks, % of the fund.
Helios Arbitrage vs Motilal Oswal Nifty 100 ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Helios Arbitrage Fund | Motilal Oswal Nifty 100 ETF |
|---|---|---|
| Total expense ratio (Direct) | 1.76% | Not available |
| Base expense ratio (Direct) | 0.42% | 0.00% |
| Total expense ratio (Regular) | 2.28% | Not available |
| Base expense ratio (Regular) | 0.87% | 0.45% |
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
Helios Arbitrage Fund vs Motilal Oswal Nifty 100 ETF: Frequently Asked Questions
What is the difference between Helios Arbitrage Fund and Motilal Oswal Nifty 100 ETF?
Helios Arbitrage Fund is an Arbitrage fund, Motilal Oswal Nifty 100 ETF is an ETF fund, run by Helios Mutual Fund and Motilal Oswal Mutual Fund. Their portfolios overlap 37.5%. Helios Arbitrage Fund charges 1.76% a year and Motilal Oswal Nifty 100 ETF 0.68%.
Which has the lower expense ratio, Helios Arbitrage Fund or Motilal Oswal Nifty 100 ETF?
Motilal Oswal Nifty 100 ETF charges less: 0.68% a year against 1.76%. These are the total expense ratios reported to AMFI.
How much do Helios Arbitrage Fund and Motilal Oswal Nifty 100 ETF overlap?
37.5%. They hold 23 of the same securities, the largest shared ones being HDFCBANK, RELIANCE, ICICIBANK. From each fund's latest monthly portfolio.
Which is riskier, Helios Arbitrage Fund or Motilal Oswal Nifty 100 ETF?
On SEBI's riskometer, Helios Arbitrage Fund is rated Low and Motilal Oswal Nifty 100 ETF Very High. Over their common history, the standard deviation of daily returns was 1.99% and 13.84% a year.
Can I invest in both Helios Arbitrage Fund and Motilal Oswal Nifty 100 ETF?
Yes. 37.5% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Helios Arbitrage Fund and Motilal Oswal Nifty 100 ETF?
Helios Arbitrage Fund: Alok Bahl, Pratik Singh. Motilal Oswal Nifty 100 ETF: Swapnil Mayekar, Dishant Mehta, Rakesh Shetty.
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.