ICICI Prudential Arbitrage Fund vs UTI - Arbitrage Fund
Direct Plan, Growth option · Data as on 30-10-2026
ICICI Prudential Arbitrage Fund and UTI - 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 UTI - Arbitrage Fund (Direct) returned 7.3% a year. ICICI Prudential Arbitrage Fund charges 1.63% a year and UTI - Arbitrage Fund 1.26% (Direct plans). Their portfolios overlap 44.6%: they hold 143 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 UTI - Arbitrage? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- ICICI Prudential Arbitrage returned more over 5 years: 6.8% a year against 6.7%.
- UTI - Arbitrage returned more over 3 years: 7.3% a year against 7.3%.
- UTI - Arbitrage costs less: 1.26% a year against 1.63% (Direct plans).
- UTI - Arbitrage swung less over 3 years: a standard deviation of 1.0% a year against 1.1%.
- ICICI Prudential Arbitrage fell less in its worst fall since 23-01-2013: −0.6% against −0.7%.
- ICICI Prudential Arbitrage is the larger fund: ₹35,576 Cr against ₹10,900 Cr.
- Their portfolios overlap 44.6%: 143 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 | UTI - Arbitrage Fund |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | UTI Mutual Fund |
| Category | Arbitrage | Arbitrage |
| AUM | ₹35,576 Cr (30-09-2026) | ₹10,900 Cr (30-09-2026) |
| NAV | ₹40.00 (Direct) | ₹40.54 (Direct) |
| Expense ratio (Direct) | 1.63% | 1.26% |
| Expense ratio (Regular) | 2.16% | 1.81% |
| Riskometer | Not available | Low |
| Benchmark | Nifty 50 Arbitrage Index | Nifty 50 Arbitrage Index |
| Launch date | 30-12-2006 | 22-06-2006 |
| Minimum investment | ₹500 | Regular Plan-Growth- Rs.5000, Regular Plan - Growth-CanServe- Rs.5000, Regular Plan-Reinvestment of IDCW- Rs.5000, Regular Plan-Payout of IDCW- Rs.5000, Regular Plan-Payout of IDCW (Canserve)- Rs.5000, Direct Plan-Growth- Rs.5000, Direct Plan - Growth-Can |
| Lock in | None | None |
| Fund managers | Archana Nair, Nikhil Kabra, Ajaykumar Solanki, Darshil Dedhia | Sharwan Kumar Goyal FM 1, Monish Lotia FM 2, Amit Sharma FM 3, Not Applicable FM 4 |
| 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 UTI - 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% |
| UTI - Arbitrage Fund (Direct) | +0.52% | +1.50% | +3.20% | +6.59% | +7.29% | +6.74% | +6.32% |
| 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.
ICICI Prudential Arbitrage vs UTI - Arbitrage: Year-wise Returns
| Year | ICICI PrudentialICICI Prudential Arbitrage | UTI -UTI - Arbitrage |
|---|---|---|
| 2026to date | +5.40% | +5.35% |
| 2025 | +7.02% | +7.05% |
| 2024 | +8.21% | +8.28% |
| 2023 | +7.77% | +7.77% |
| 2022 | +4.79% | +4.64% |
| 2021 | +4.40% | +4.46% |
ICICI Prudential Arbitrage vs UTI - Arbitrage: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 2,651 of them, one for each trading day from 25-01-2016 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)
UTI - Arbitrage Fund (Direct)
to
Dec 2016Oct 2015
to
Oct 2018Aug 2017
to
Aug 2020Jun 2019
to
Jun 2022Mar 2021
to
Mar 2024Dec 2022
to
Dec 2025
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 | 11.2 | 88.8 | 0.0 | 0.0 | 0.0 | 0.0 | 6.6% | 6.8% | 4.5% | 9.1% |
| UTI - Arbitrage | 0.0 | 10.8 | 89.2 | 0.0 | 0.0 | 0.0 | 0.0 | 6.5% | 6.7% | 4.5% | 8.2% |
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 23-01-2013. Past returns do not promise future returns.
ICICI Prudential Arbitrage vs UTI - 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 08-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| ICICI Prudential ArbitrageICICI Prudential Arbitrage Fund (Direct) | ₹16,60,000 | ₹26,66,264 | ₹10,06,264 | 6.6% |
| UTI - ArbitrageUTI - Arbitrage Fund (Direct) | ₹16,60,000 | ₹26,58,100 | ₹9,98,100 | 6.5% |
ICICI Prudential ArbitrageICICI Prudential Arbitrage Fund (Direct)
UTI - ArbitrageUTI - 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 UTI - 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) | UTI - Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.62% | +6.59% |
| Standard deviation | 1.39% | 1.25% |
| Sharpe ratio | 1.00 | 1.08 |
| Sortino ratio | 1.53 | 1.64 |
| 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) | UTI - Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.27% | +7.29% |
| Standard deviation | 1.10% | 1.03% |
| Sharpe ratio | 1.13 | 1.23 |
| Sortino ratio | 1.74 | 1.88 |
| 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) | UTI - Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.77% | +6.74% |
| Standard deviation | 1.00% | 0.97% |
| Sharpe ratio | 0.97 | 0.97 |
| Sortino ratio | 1.49 | 1.47 |
| 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) | UTI - Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.01% | +6.76% |
| Standard deviation | 1.05% | 1.00% |
| Sharpe ratio | 0.92 | 0.72 |
| Sortino ratio | 1.38 | 1.06 |
| Maximum drawdown | −0.6% (03-06-2020) | −0.7% (25-03-2020) |
| 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)
UTI - 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% |
| UTI - Arbitrage Fund (Direct) | −0.7% | 16-03-2020 | 25-03-2020 | 31-03-2020 | 6 days | −0.0% |
From daily values since 23-01-2013, 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)
UTI - 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)
UTI - 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)
UTI - Arbitrage Fund (Direct)
ICICI Prudential Arbitrage vs UTI - Arbitrage: Portfolio Overlap
From each fund's latest monthly portfolio: ICICI Prudential Arbitrage Fund, September 2026; UTI - Arbitrage Fund, September 2026
Holdings in common
- Overlap
- 44.6%
- Held by both
- 143
- Only in ICICI Prudential Arbitrage
- 49
- Only in UTI - Arbitrage
- 13
| Security | % of ICICI Prudential Arbitrage | % of UTI - Arbitrage |
|---|---|---|
| Reliance Industries Ltd. | 4.44% | 4.78% |
| HDFC Bank Ltd. | 3.36% | 5.02% |
| State Bank Of India | 2.35% | 3.25% |
| Bharti Airtel Ltd. | 2.04% | 1.94% |
| Vodafone Idea Ltd. | 2.99% | 1.52% |
| Bharat Heavy Electricals Ltd. | 1.35% | 1.28% |
| Canara Bank | 1.23% | 1.95% |
| Coal India Ltd. | 1.65% | 1.02% |
| Infosys Ltd. | 0.96% | 1.11% |
| JSW Steel Ltd. | 0.92% | 1.35% |
| Axis Bank Ltd. | 2.94% | 0.92% |
| Union Bank Of India | 1.78% | 0.89% |
| Jio Financial Services Ltd | 1.07% | 0.84% |
| Steel Authority Of India Ltd. | 0.84% | 1.81% |
| ITC Ltd. | 0.76% | 1.30% |
| NMDC Ltd. | 0.75% | 1.34% |
| Tata Steel Ltd. | 1.47% | 0.71% |
| Glenmark Pharmaceuticals Ltd. | 0.69% | 1.50% |
| IDFC First Bank Ltd. | 0.69% | 0.75% |
| Punjab National Bank | 0.69% | 1.57% |
| The Indian Hotels Company Ltd. | 0.96% | 0.61% |
| ICICI Bank Ltd. | 0.59% | 4.39% |
| Manappuram Finance Ltd. | 0.57% | 1.15% |
| Union Bank Of India | 0.55% | 1.35% |
| Life Insurance Corporation of India | 0.52% | 1.03% |
| Kotak Mahindra Bank Ltd. | 0.48% | 1.54% |
| Hindalco Industries Ltd. | 0.46% | 0.59% |
| Divi's Laboratories Ltd. | 0.75% | 0.46% |
| Bandhan Bank Ltd. | 0.46% | 0.93% |
| Cummins India Ltd. | 1.25% | 0.41% |
| Hindustan Unilever Ltd. | 0.39% | 0.44% |
| Bank Of Baroda | 0.37% | 0.69% |
| Yes Bank Ltd. | 0.35% | 1.71% |
| The Federal Bank Ltd. | 0.34% | 0.36% |
| Biocon Ltd. | 0.34% | 0.38% |
| Bajaj Finance Ltd. | 1.63% | 0.33% |
| Indus Towers Ltd. | 0.33% | 1.55% |
| Crompton Greaves Consumer Electricals Ltd. | 0.32% | 0.75% |
| APL Apollo Tubes Ltd. | 1.37% | 0.32% |
| Ambuja Cements Ltd. | 0.85% | 0.32% |
| Tata Power Company Ltd. | 0.37% | 0.31% |
| NTPC Ltd. | 0.37% | 0.30% |
| HDFC Asset Management Company Ltd. | 0.46% | 0.29% |
| Swiggy Ltd | 0.25% | 0.35% |
| IndusInd Bank Ltd. | 0.25% | 0.32% |
| Varun Beverages Ltd. | 0.91% | 0.24% |
| LIC Housing Finance Ltd. | 0.24% | 0.71% |
| Hindustan Aeronautics Ltd. | 0.24% | 0.35% |
| Container Corporation Of India Ltd. | 0.25% | 0.23% |
| Max Financial Services Ltd. | 0.23% | 0.26% |
| Small Industries Development Bank Of India. | 0.68% | 0.22% |
| HDFC Bank Ltd. | 0.41% | 0.22% |
| COFORGE Ltd. | 0.37% | 0.21% |
| Muthoot Finance Ltd. | 0.32% | 0.21% |
| Indian Oil Corporation Ltd. | 0.29% | 0.19% |
| Lupin Ltd. | 0.51% | 0.18% |
| Marico Ltd. | 0.39% | 0.18% |
| Aurobindo Pharma Ltd. | 0.23% | 0.18% |
| Eternal Ltd. | 0.17% | 0.38% |
| Maruti Suzuki India Ltd. | 0.61% | 0.17% |
| Samvardhana Motherson International Ltd. | 0.37% | 0.17% |
| AU Small Finance Bank Ltd. | 0.17% | 0.51% |
| Power Finance Corporation Ltd. | 1.51% | 0.16% |
| JSW Energy Ltd | 0.32% | 0.16% |
| Laurus Labs Ltd. | 0.16% | 0.19% |
| Eicher Motors Ltd. | 0.36% | 0.15% |
| Ge Vernova T&D India Ltd. | 0.13% | 0.31% |
| Bajaj Auto Ltd. | 0.15% | 0.13% |
| Tata Consumer Products Ltd. | 0.12% | 0.15% |
| Titan Company Ltd. | 0.31% | 0.12% |
| Ashok Leyland Ltd. | 0.12% | 0.35% |
| Jindal Steel Ltd. | 0.35% | 0.11% |
| TVS Motor Company Ltd. | 0.23% | 0.11% |
| Torrent Pharmaceuticals Ltd. | 0.21% | 0.11% |
| Gmr Airports Ltd. | 0.21% | 0.11% |
| HDFC Life Insurance Company Ltd. | 0.10% | 0.31% |
| Info Edge (India) Ltd. | 0.10% | 0.11% |
| Patanjali Foods Ltd. | 0.33% | 0.09% |
| Apollo Hospitals Enterprise Ltd. | 0.29% | 0.09% |
| Bank Of India | 0.10% | 0.09% |
| Bharat Forge Ltd. | 0.08% | 0.13% |
| Grasim Industries Ltd. | 0.08% | 0.09% |
| Aditya Birla Capital Ltd. | 0.08% | 0.54% |
| Inox Wind Ltd. | 0.07% | 0.08% |
| Kalyan Jewellers India Ltd. | 0.07% | 0.18% |
| KEI Industries Ltd. | 0.47% | 0.07% |
| Fortis Healthcare Ltd. | 0.24% | 0.07% |
| Central Depository Services (India) Ltd. | 0.10% | 0.07% |
| PNB Housing Finance Ltd. | 0.06% | 0.18% |
| Mahindra & Mahindra Ltd. | 0.52% | 0.06% |
| UPL Ltd. | 0.39% | 0.06% |
| Asian Paints Ltd. | 0.08% | 0.06% |
| PB Fintech Ltd. | 0.06% | 0.06% |
| Astral Ltd. | 0.06% | 0.08% |
| Cholamandalam Investment And Finance Company Ltd. | 0.06% | 0.79% |
| ABB India Ltd. | 0.05% | 0.09% |
| Larsen & Toubro Ltd. | 0.49% | 0.05% |
| Tata Motors Passenger Vehicles Ltd. | 0.42% | 0.05% |
| Hindustan Petroleum Corporation Ltd. | 0.31% | 0.05% |
| Shriram Finance Ltd. | 0.25% | 0.05% |
| Delhivery Ltd. | 0.17% | 0.05% |
| Union Bank Of India | 0.04% | 0.17% |
| Mphasis Ltd. | 0.04% | 0.09% |
| Suzlon Energy Ltd. | 0.04% | 0.75% |
| Bharat Electronics Ltd. | 0.89% | 0.04% |
| Alkem Laboratories Ltd. | 0.29% | 0.04% |
| Hitachi Energy India Ltd. | 0.22% | 0.04% |
| Nestle India Ltd. | 0.15% | 0.04% |
| Interglobe Aviation Ltd. | 0.14% | 0.04% |
| RBL Bank Ltd. | 0.04% | 0.13% |
| Sun Pharmaceutical Industries Ltd. | 0.23% | 0.03% |
| Avenue Supermarts Ltd. | 0.09% | 0.03% |
| Pidilite Industries Ltd. | 0.06% | 0.03% |
| Hero Motocorp Ltd. | 0.06% | 0.03% |
| National Aluminium Company Ltd. | 0.06% | 0.03% |
| Polycab India Ltd. | 0.03% | 0.03% |
| NBCC (India) Ltd. | 0.03% | 0.05% |
| Bharat Petroleum Corporation Ltd. | 0.03% | 0.06% |
| Sagility India Ltd | 0.02% | 0.03% |
| Adani Power Ltd. | 1.10% | 0.02% |
| Multi Commodity Exchange Of India Ltd. | 0.89% | 0.02% |
| Tata Consultancy Services Ltd. | 0.30% | 0.02% |
| Solar Industries India Ltd. | 0.22% | 0.02% |
| Cipla Ltd. | 0.20% | 0.02% |
| Tube Investments of India Ltd. | 0.15% | 0.02% |
| Vedanta Ltd. | 0.14% | 0.02% |
| Voltas Ltd. | 0.09% | 0.02% |
| SRF Ltd. | 0.03% | 0.02% |
| Radico Khaitan Ltd. | 0.02% | 0.03% |
| Bosch Ltd. | 0.02% | 0.06% |
| Computer Age Management Services Ltd. | 0.02% | 0.09% |
| Supreme Industries Ltd. | 0.01% | 0.07% |
| Angel One Ltd. | 0.01% | 0.04% |
| Page Industries Ltd. | 0.01% | 0.11% |
| Adani Energy Solutions Ltd. | 1.31% | 0.01% |
| Ultratech Cement Ltd. | 0.30% | 0.01% |
| Trent Ltd. | 0.12% | 0.01% |
| GAIL (India) Ltd. | 0.04% | 0.01% |
| Hindustan Zinc Ltd. | 0.04% | 0.01% |
| Pg Electroplast Ltd. | 0.02% | 0.01% |
| Zydus Lifesciences Ltd. | 0.01% | 0.02% |
| FSN E-Commerce Ventures Ltd. | 0.01% | 0.07% |
| Persistent Systems Ltd. | 0.01% | 0.10% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 44.6% means 44.6% 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% |
| HDFC Bank Ltd. | 1.37% |
| Small Industries Development Bank Of India. | 1.10% |
| Adani Green Energy Ltd. | 0.97% |
Largest holdings only in UTI - Arbitrage Fund
| Security | % of fund |
|---|---|
| MF UNITS UTI-MONEY MARKET FUND | 19.58% |
| MF UNITS UTI - FLOATER FUND | 2.31% |
| CD - CANARA BANK - 28/01/2027 | 2.24% |
| CD - SMALL INDST. DEV. BANK OF INDIA - 09/02/2027 | 1.79% |
| CD - AXIS BANK LTD - 14/01/2027 | 1.35% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | ICICI Prudential Arbitrage | UTI - Arbitrage |
|---|---|---|
| Equity | 71.1% | 65.9% |
| Debt | 11.9% | 11.2% |
| Cash and others | 17.0% | 22.9% |
Market cap of stocks
| Market cap | ICICI Prudential Arbitrage | UTI - Arbitrage |
|---|---|---|
| Large Cap | 54.2% | 46.3% |
| Mid Cap | 14.7% | 15.3% |
| Small Cap | 2.2% | 4.3% |
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 | UTI - Arbitrage |
|---|---|---|
| Banks | 14.4% | 24.3% |
| Finance | 6.1% | 5.0% |
| Telecom - Services | 5.4% | 5.0% |
| Petroleum Products | 5.1% | 5.1% |
| Power | 4.5% | 0.8% |
| Ferrous Metals | 3.6% | 4.0% |
| Pharmaceuticals & Biotechnology | 3.7% | 3.1% |
The six largest sectors of each fund's stocks, % of the fund.
ICICI Prudential Arbitrage vs UTI - Arbitrage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ICICI Prudential Arbitrage Fund | UTI - Arbitrage Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.63% | 1.26% |
| Base expense ratio (Direct) | 0.34% | 0.26% |
| Total expense ratio (Regular) | 2.16% | 1.81% |
| Base expense ratio (Regular) | 0.79% | 0.73% |
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 UTI - Arbitrage Fund: Frequently Asked Questions
What is the difference between ICICI Prudential Arbitrage Fund and UTI - Arbitrage Fund?
Both are Arbitrage funds, run by ICICI Prudential Mutual Fund and UTI Mutual Fund. Their portfolios overlap 44.6%. ICICI Prudential Arbitrage Fund charges 1.63% a year and UTI - Arbitrage Fund 1.26%.
Which has given higher returns, ICICI Prudential Arbitrage Fund or UTI - Arbitrage Fund?
Over 1 year: ICICI Prudential Arbitrage Fund +6.62%, UTI - Arbitrage Fund +6.59%. Over 3 years: ICICI Prudential Arbitrage Fund +7.27% a year, UTI - Arbitrage Fund +7.29% a year. Over 5 years: ICICI Prudential Arbitrage Fund +6.77% a year, UTI - Arbitrage Fund +6.74% 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 UTI - Arbitrage Fund?
UTI - Arbitrage Fund charges less: 1.26% a year against 1.63%. These are the Direct plans' total expense ratios reported to AMFI.
How much do ICICI Prudential Arbitrage Fund and UTI - Arbitrage Fund overlap?
44.6%. They hold 143 of the same securities, the largest shared ones being RELIANCE, HDFCBANK, SBIN. From each fund's latest monthly portfolio.
Which is better for SIP, ICICI Prudential Arbitrage Fund or UTI - 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 ₹7,31,173 in UTI - Arbitrage Fund (XIRR 7.1% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both ICICI Prudential Arbitrage Fund and UTI - Arbitrage Fund?
Yes. 44.6% 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 UTI - Arbitrage Fund?
ICICI Prudential Arbitrage Fund: Archana Nair, Nikhil Kabra, Ajaykumar Solanki, Darshil Dedhia. UTI - Arbitrage Fund: Sharwan Kumar Goyal FM 1, Monish Lotia FM 2, Amit Sharma FM 3, Not Applicable FM 4.
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.