ICICI Prudential Arbitrage Fund vs Tata Arbitrage Fund
Direct Plan, Growth option · Data as on 30-10-2026
ICICI Prudential Arbitrage Fund and Tata Arbitrage Fund are both Arbitrage funds. In the 3 years to 30-10-2026, ICICI Prudential Arbitrage Fund (Direct) returned 7.3% a year and Tata Arbitrage Fund (Direct) returned 7.4% a year. ICICI Prudential Arbitrage Fund charges 1.63% a year and Tata Arbitrage Fund 1.57% (Direct plans). Their portfolios overlap 48.7%: they hold 142 of the same securities.
ICICI Prudential Arbitrage Fund
Arbitrage
- 3 year return
- 7.3%
- Expense ratio
- 1.63%
- NAV
- ₹40.00
Which is better, ICICI Prudential Arbitrage or Tata Arbitrage? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Tata Arbitrage returned more over 5 years: 6.9% a year against 6.8%.
- Tata Arbitrage returned more over 3 years: 7.4% a year against 7.3%.
- Tata Arbitrage costs less: 1.57% a year against 1.63% (Direct plans).
- Tata Arbitrage swung less over 3 years: a standard deviation of 1.0% a year against 1.1%.
- Tata Arbitrage fell less in its worst fall since 19-12-2018: −0.6% against −0.6%.
- ICICI Prudential Arbitrage is the larger fund: ₹35,576 Cr against ₹24,539 Cr.
- Their portfolios overlap 48.7%: 142 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 | ICICI Prudential Arbitrage Fund | Tata Arbitrage Fund |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | Tata Mutual Fund |
| Category | Arbitrage | Arbitrage |
| AUM | ₹35,576 Cr (30-09-2026) | ₹24,539 Cr (30-09-2026) |
| NAV | ₹40.00 (Direct) | ₹16.46 (Direct) |
| Expense ratio (Direct) | 1.63% | 1.57% |
| Expense ratio (Regular) | 2.16% | 2.25% |
| Riskometer | Not available | Low |
| Benchmark | Nifty 50 Arbitrage Index | Nifty 50 Arbitrage Index |
| Launch date | 30-12-2006 | 18-12-2018 |
| Minimum investment | ₹500 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Archana Nair, Nikhil Kabra, Ajaykumar Solanki, Darshil Dedhia | Sailesh Jain |
| Exit load | 0.25% of the applicable NAV If units purchased or switched in from another scheme of the Fund are redeemed or switched out within 15 days from the date of allotment NIL If units purchased or switched in from another scheme of the Fund are redeemed or switched out after 15 days from the date of allotment | Exit load of 0.25%, if redeemed within 15 days. |
ICICI Prudential Arbitrage vs Tata 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 |
|---|---|---|---|---|---|---|---|
| ICICI Prudential Arbitrage Fund (Direct) | +0.50% | +1.50% | +3.24% | +6.62% | +7.27% | +6.77% | +6.33% |
| Tata Arbitrage Fund (Direct) | +0.50% | +1.52% | +3.24% | +6.77% | +7.43% | +6.90% | -- |
| 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.
ICICI Prudential Arbitrage vs Tata Arbitrage: Year-wise Returns
| Year | ICICI PrudentialICICI Prudential Arbitrage | TataTata Arbitrage |
|---|---|---|
| 2026to date | +5.40% | +5.46% |
| 2025 | +7.02% | +7.26% |
| 2024 | +8.21% | +8.36% |
| 2023 | +7.77% | +7.93% |
| 2022 | +4.79% | +4.86% |
| 2021 | +4.40% | +4.54% |
ICICI Prudential Arbitrage vs Tata Arbitrage: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 1,198 of them, one for each trading day from 20-12-2021 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.
ICICI Prudential Arbitrage Fund (Direct)
Tata Arbitrage Fund (Direct)
to
May 2022Mar 2020
to
Mar 2023Jan 2021
to
Jan 2024Nov 2021
to
Nov 2024Aug 2022
to
Aug 2025Jun 2023
to
Jun 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ICICI Prudential Arbitrage | 0.0 | 24.8 | 75.2 | 0.0 | 0.0 | 0.0 | 0.0 | 6.2% | 6.2% | 4.5% | 7.8% |
| Tata Arbitrage | 0.0 | 5.5 | 94.5 | 0.0 | 0.0 | 0.0 | 0.0 | 6.4% | 6.3% | 4.8% | 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 19-12-2018. Past returns do not promise future returns.
ICICI Prudential Arbitrage vs Tata 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 03-12-2018 to 30-10-2026: 95 instalments, ₹9,50,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| ICICI Prudential ArbitrageICICI Prudential Arbitrage Fund (Direct) | ₹9,50,000 | ₹12,38,899 | ₹2,88,899 | 6.6% |
| Tata ArbitrageTata Arbitrage Fund (Direct) | ₹9,50,000 | ₹12,48,492 | ₹2,98,492 | 6.8% |
ICICI Prudential ArbitrageICICI Prudential Arbitrage Fund (Direct)
Tata ArbitrageTata 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.
ICICI Prudential Arbitrage vs Tata Arbitrage: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | ICICI Prudential Arbitrage Fund (Direct) | Tata Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.62% | +6.77% |
| Standard deviation | 1.39% | 1.26% |
| Sharpe ratio | 1.00 | 1.21 |
| Sortino ratio | 1.53 | 1.89 |
| 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 | ICICI Prudential Arbitrage Fund (Direct) | Tata Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.27% | +7.43% |
| Standard deviation | 1.10% | 1.02% |
| Sharpe ratio | 1.13 | 1.39 |
| Sortino ratio | 1.74 | 2.16 |
| 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 | ICICI Prudential Arbitrage Fund (Direct) | Tata Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.77% | +6.90% |
| Standard deviation | 1.00% | 0.94% |
| Sharpe ratio | 0.97 | 1.17 |
| Sortino ratio | 1.49 | 1.80 |
| 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 | ICICI Prudential Arbitrage Fund (Direct) | Tata Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.01% | +6.55% |
| Standard deviation | 1.05% | 1.01% |
| Sharpe ratio | 0.92 | 1.32 |
| Sortino ratio | 1.38 | 2.01 |
| Maximum drawdown | −0.6% (03-06-2020) | −0.6% (03-06-2020) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 08-01-2013 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.
ICICI Prudential Arbitrage Fund (Direct)
Tata Arbitrage Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| ICICI Prudential Arbitrage Fund (Direct) | −0.6% | 29-05-2020 | 03-06-2020 | 20-08-2020 | 3 months | −0.1% |
| Tata Arbitrage Fund (Direct) | −0.6% | 29-05-2020 | 03-06-2020 | 24-07-2020 | 51 days | −0.0% |
From daily values since 19-12-2018, 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.
ICICI Prudential Arbitrage Fund (Direct)
Tata 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.
ICICI Prudential Arbitrage Fund (Direct)
Tata 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.
ICICI Prudential Arbitrage Fund (Direct)
Tata Arbitrage Fund (Direct)
ICICI Prudential Arbitrage vs Tata Arbitrage: Portfolio Overlap
From each fund's latest monthly portfolio: ICICI Prudential Arbitrage Fund, September 2026; Tata Arbitrage Fund, September 2026
Holdings in common
- Overlap
- 48.7%
- Held by both
- 142
- Only in ICICI Prudential Arbitrage
- 50
- Only in Tata Arbitrage
- 39
| Security | % of ICICI Prudential Arbitrage | % of Tata Arbitrage |
|---|---|---|
| Reliance Industries Ltd. | 4.44% | 4.28% |
| HDFC Bank Ltd. | 3.36% | 7.89% |
| Axis Bank Ltd. | 2.94% | 2.36% |
| Vodafone Idea Ltd. | 2.99% | 1.50% |
| Bharti Airtel Ltd. | 2.04% | 1.27% |
| State Bank Of India | 2.35% | 1.21% |
| Adani Power Ltd. | 1.10% | 1.11% |
| Canara Bank | 1.23% | 1.09% |
| Jio Financial Services Ltd | 1.07% | 1.20% |
| Coal India Ltd. | 1.65% | 1.00% |
| Cummins India Ltd. | 1.25% | 0.91% |
| Bharat Heavy Electricals Ltd. | 1.35% | 0.90% |
| Adani Green Energy Ltd. | 0.97% | 0.87% |
| Adani Energy Solutions Ltd. | 1.31% | 0.85% |
| Varun Beverages Ltd. | 0.91% | 0.85% |
| JSW Steel Ltd. | 0.92% | 0.84% |
| Steel Authority Of India Ltd. | 0.84% | 1.31% |
| Divi's Laboratories Ltd. | 0.75% | 0.92% |
| Tata Steel Ltd. | 1.47% | 0.74% |
| NMDC Ltd. | 0.75% | 0.74% |
| IDFC First Bank Ltd. | 0.69% | 0.75% |
| Bharat Electronics Ltd. | 0.89% | 0.68% |
| Power Finance Corporation Ltd. | 1.51% | 0.62% |
| ICICI Bank Ltd. | 0.59% | 4.34% |
| Adani Enterprises Ltd. | 0.63% | 0.59% |
| Ambuja Cements Ltd. | 0.85% | 0.57% |
| Manappuram Finance Ltd. | 0.57% | 0.70% |
| APL Apollo Tubes Ltd. | 1.37% | 0.53% |
| Kotak Mahindra Bank Ltd. | 0.48% | 0.60% |
| Hindalco Industries Ltd. | 0.46% | 1.08% |
| Punjab National Bank | 0.69% | 0.46% |
| HDFC Asset Management Company Ltd. | 0.46% | 0.56% |
| Bandhan Bank Ltd. | 0.46% | 0.67% |
| Multi Commodity Exchange Of India Ltd. | 0.89% | 0.43% |
| Glenmark Pharmaceuticals Ltd. | 0.69% | 0.43% |
| Life Insurance Corporation of India | 0.52% | 0.42% |
| Tata Motors Passenger Vehicles Ltd. | 0.42% | 0.67% |
| Hindustan Unilever Ltd. | 0.39% | 0.83% |
| COFORGE Ltd. | 0.37% | 0.58% |
| Bank Of Baroda | 0.37% | 0.40% |
| NTPC Ltd. | 0.37% | 0.50% |
| The Indian Hotels Company Ltd. | 0.96% | 0.36% |
| Tata Power Company Ltd. | 0.37% | 0.36% |
| Yes Bank Ltd. | 0.35% | 0.40% |
| Biocon Ltd. | 0.34% | 0.47% |
| The Federal Bank Ltd. | 0.34% | 0.33% |
| Indus Towers Ltd. | 0.33% | 1.21% |
| Crompton Greaves Consumer Electricals Ltd. | 0.32% | 0.39% |
| JSW Energy Ltd | 0.32% | 0.40% |
| Small Industries Development Bank Of India. | 1.10% | 0.30% |
| Indian Oil Corporation Ltd. | 0.29% | 0.74% |
| Infosys Ltd. | 0.96% | 0.28% |
| NABARD | 0.28% | 0.40% |
| Bajaj Finance Ltd. | 1.63% | 0.27% |
| ITC Ltd. | 0.76% | 0.26% |
| Marico Ltd. | 0.39% | 0.25% |
| Container Corporation Of India Ltd. | 0.25% | 0.25% |
| IndusInd Bank Ltd. | 0.25% | 0.52% |
| LIC Housing Finance Ltd. | 0.24% | 0.29% |
| Hindustan Aeronautics Ltd. | 0.24% | 0.61% |
| Aurobindo Pharma Ltd. | 0.23% | 0.30% |
| TVS Motor Company Ltd. | 0.23% | 0.63% |
| Samvardhana Motherson International Ltd. | 0.37% | 0.22% |
| Patanjali Foods Ltd. | 0.33% | 0.22% |
| HDFC Bank Ltd. | 0.41% | 0.20% |
| Bank Of Baroda | 0.21% | 0.20% |
| Apollo Hospitals Enterprise Ltd. | 0.29% | 0.19% |
| Shriram Finance Ltd. | 0.25% | 0.19% |
| Muthoot Finance Ltd. | 0.32% | 0.18% |
| Torrent Pharmaceuticals Ltd. | 0.21% | 0.17% |
| Jindal Steel Ltd. | 0.35% | 0.16% |
| Max Financial Services Ltd. | 0.23% | 0.16% |
| Mahindra & Mahindra Ltd. | 0.52% | 0.15% |
| Swiggy Ltd | 0.25% | 0.14% |
| Gmr Airports Ltd. | 0.21% | 0.14% |
| Ge Vernova T&D India Ltd. | 0.13% | 0.19% |
| Oil & Natural Gas Corporation Ltd. | 0.13% | 0.17% |
| Godrej Properties Ltd. | 0.13% | 0.49% |
| Lupin Ltd. | 0.51% | 0.12% |
| Tech Mahindra Ltd. | 0.24% | 0.12% |
| Ashok Leyland Ltd. | 0.12% | 0.31% |
| Fortis Healthcare Ltd. | 0.24% | 0.11% |
| NABARD | 0.28% | 0.10% |
| Bank Of India | 0.10% | 0.24% |
| HDFC Life Insurance Company Ltd. | 0.10% | 0.56% |
| Info Edge (India) Ltd. | 0.10% | 0.31% |
| Ultratech Cement Ltd. | 0.30% | 0.09% |
| Tube Investments of India Ltd. | 0.15% | 0.09% |
| Interglobe Aviation Ltd. | 0.14% | 0.09% |
| Tata Consumer Products Ltd. | 0.12% | 0.09% |
| Bharat Forge Ltd. | 0.08% | 0.10% |
| Maruti Suzuki India Ltd. | 0.61% | 0.08% |
| Bajaj Finserv Ltd. | 0.31% | 0.08% |
| Aditya Birla Capital Ltd. | 0.08% | 0.08% |
| Kalyan Jewellers India Ltd. | 0.07% | 0.30% |
| Indian Energy Exchange Ltd. | 0.07% | 0.19% |
| AU Small Finance Bank Ltd. | 0.17% | 0.07% |
| Small Industries Development Bank Of India. | 0.07% | 1.20% |
| PB Fintech Ltd. | 0.06% | 0.11% |
| Larsen & Toubro Ltd. | 0.49% | 0.06% |
| The Phoenix Mills Ltd. | 0.08% | 0.06% |
| Asian Paints Ltd. | 0.08% | 0.06% |
| Cholamandalam Investment And Finance Company Ltd. | 0.06% | 0.09% |
| Solar Industries India Ltd. | 0.22% | 0.05% |
| Cipla Ltd. | 0.20% | 0.05% |
| Delhivery Ltd. | 0.17% | 0.05% |
| Central Depository Services (India) Ltd. | 0.10% | 0.05% |
| Union Bank Of India | 0.04% | 0.19% |
| Mphasis Ltd. | 0.04% | 0.11% |
| Suzlon Energy Ltd. | 0.04% | 0.10% |
| National Aluminium Company Ltd. | 0.06% | 0.04% |
| RBL Bank Ltd. | 0.04% | 0.05% |
| Hindustan Zinc Ltd. | 0.04% | 0.04% |
| Trent Ltd. | 0.12% | 0.03% |
| Dabur India Ltd. | 0.09% | 0.03% |
| NBCC (India) Ltd. | 0.03% | 0.16% |
| Bharat Petroleum Corporation Ltd. | 0.03% | 0.16% |
| Pg Electroplast Ltd. | 0.02% | 0.08% |
| Eicher Motors Ltd. | 0.36% | 0.02% |
| Hindustan Petroleum Corporation Ltd. | 0.31% | 0.02% |
| Titan Company Ltd. | 0.31% | 0.02% |
| Vedanta Ltd. | 0.14% | 0.02% |
| Godrej Consumer Products Ltd. | 0.09% | 0.02% |
| Pidilite Industries Ltd. | 0.06% | 0.02% |
| PNB Housing Finance Ltd. | 0.06% | 0.02% |
| GAIL (India) Ltd. | 0.04% | 0.02% |
| Radico Khaitan Ltd. | 0.02% | 0.03% |
| Bosch Ltd. | 0.02% | 0.02% |
| Computer Age Management Services Ltd. | 0.02% | 0.05% |
| Bajaj Holdings & Investment Ltd. | 0.02% | 0.02% |
| Supreme Industries Ltd. | 0.01% | 0.09% |
| KEI Industries Ltd. | 0.47% | 0.01% |
| Tata Consultancy Services Ltd. | 0.30% | 0.01% |
| Sun Pharmaceutical Industries Ltd. | 0.23% | 0.01% |
| HCL Technologies Ltd. | 0.18% | 0.01% |
| Eternal Ltd. | 0.17% | 0.01% |
| Laurus Labs Ltd. | 0.16% | 0.01% |
| Nestle India Ltd. | 0.15% | 0.01% |
| One 97 Communications Ltd | 0.09% | 0.01% |
| Grasim Industries Ltd. | 0.08% | 0.01% |
| MAX Healthcare Institute Ltd | 0.05% | 0.01% |
| Sagility India Ltd | 0.02% | 0.01% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 48.7% means 48.7% 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 ICICI Prudential Arbitrage Fund
| Security | % of fund |
|---|---|
| ICICI Prudential Money Market Fund - Direct Plan - Growth | 14.97% |
| Union Bank Of India | 1.92% |
| Union Bank Of India | 1.78% |
| HDFC Bank Ltd. | 1.37% |
| NABARD | 0.82% |
Largest holdings only in Tata Arbitrage Fund
| Security | % of fund |
|---|---|
| TATA MONEY MARKET FUND | 12.05% |
| ** - SMALL INDUST DEVLOP BANK OF INDIA - CD - 23/10/2026 | 2.03% |
| ** - NABARD - CD - 28/01/2027 | 1.49% |
| ** - NATIONAL BANK FOR FINANCING INFRASTRUCTURE AND DEVELOPMENT - CD - 12/03/2027 | 1.38% |
| ** - SMALL INDUST DEVLOP BANK OF INDIA - CD - 25/03/2027 | 1.38% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | ICICI Prudential Arbitrage | Tata Arbitrage |
|---|---|---|
| Equity | 71.1% | 64.8% |
| Debt | 11.9% | 21.7% |
| Cash and others | 17.0% | 13.5% |
Market cap of stocks
| Market cap | ICICI Prudential Arbitrage | Tata Arbitrage |
|---|---|---|
| Large Cap | 54.2% | 50.0% |
| Mid Cap | 14.7% | 12.1% |
| Small Cap | 2.2% | 2.7% |
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 | ICICI Prudential Arbitrage | Tata Arbitrage |
|---|---|---|
| Banks | 14.4% | 21.6% |
| Finance | 6.1% | 3.7% |
| Telecom - Services | 5.4% | 4.0% |
| Petroleum Products | 5.1% | 5.2% |
| Power | 4.5% | 4.1% |
| Pharmaceuticals & Biotechnology | 3.7% | 2.5% |
| Ferrous Metals | 3.6% | 3.0% |
The six largest sectors of each fund's stocks, % of the fund.
ICICI Prudential Arbitrage vs Tata Arbitrage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ICICI Prudential Arbitrage Fund | Tata Arbitrage Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.63% | 1.57% |
| Base expense ratio (Direct) | 0.34% | 0.26% |
| Total expense ratio (Regular) | 2.16% | 2.25% |
| Base expense ratio (Regular) | 0.79% | 0.91% |
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 ICICI Prudential Arbitrage with
ICICI Prudential Arbitrage Fund vs Tata Arbitrage Fund: Frequently Asked Questions
What is the difference between ICICI Prudential Arbitrage Fund and Tata Arbitrage Fund?
Both are Arbitrage funds, run by ICICI Prudential Mutual Fund and Tata Mutual Fund. Their portfolios overlap 48.7%. ICICI Prudential Arbitrage Fund charges 1.63% a year and Tata Arbitrage Fund 1.57%.
Which has given higher returns, ICICI Prudential Arbitrage Fund or Tata Arbitrage Fund?
Over 1 year: ICICI Prudential Arbitrage Fund +6.62%, Tata Arbitrage Fund +6.77%. Over 3 years: ICICI Prudential Arbitrage Fund +7.27% a year, Tata Arbitrage Fund +7.43% a year. Over 5 years: ICICI Prudential Arbitrage Fund +6.77% a year, Tata Arbitrage Fund +6.90% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, ICICI Prudential Arbitrage Fund or Tata Arbitrage Fund?
Tata Arbitrage Fund charges less: 1.57% a year against 1.63%. These are the Direct plans' total expense ratios reported to AMFI.
How much do ICICI Prudential Arbitrage Fund and Tata Arbitrage Fund overlap?
48.7%. They hold 142 of the same securities, the largest shared ones being RELIANCE, HDFCBANK, AXISBANK. From each fund's latest monthly portfolio.
Which is better for SIP, ICICI Prudential Arbitrage Fund or Tata Arbitrage Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,31,362 in ICICI Prudential Arbitrage Fund (XIRR 7.1% a year) and ₹7,34,060 in Tata Arbitrage Fund (XIRR 7.2% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both ICICI Prudential Arbitrage Fund and Tata Arbitrage Fund?
Yes. 48.7% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages ICICI Prudential Arbitrage Fund and Tata Arbitrage Fund?
ICICI Prudential Arbitrage Fund: Archana Nair, Nikhil Kabra, Ajaykumar Solanki, Darshil Dedhia. Tata Arbitrage Fund: Sailesh Jain.
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.