Invesco India Arbitrage Fund vs Mirae Asset Arbitrage Fund
Direct Plan, Growth option · Data as on 30-10-2026
Invesco India Arbitrage Fund and Mirae Asset Arbitrage Fund are both Arbitrage funds. In the 3 years to 30-10-2026, Invesco India Arbitrage Fund (Direct) returned 7.5% a year and Mirae Asset Arbitrage Fund (Direct) returned 7.3% a year. Invesco India Arbitrage Fund charges 2.20% a year and Mirae Asset Arbitrage Fund 2.48% (Direct plans). Their portfolios overlap 38.6%: they hold 168 of the same securities.
Invesco India Arbitrage Fund
Arbitrage
- 3 year return
- 7.5%
- Expense ratio
- 2.20%
- NAV
- ₹37.63
Mirae Asset Arbitrage Fund
Arbitrage
- 3 year return
- 7.3%
- Expense ratio
- 2.48%
- NAV
- ₹14.71
Which is better, Invesco India Arbitrage or Mirae Asset Arbitrage? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Invesco India Arbitrage returned more over 5 years: 7.1% a year against 6.8%.
- Invesco India Arbitrage returned more over 3 years: 7.5% a year against 7.3%.
- Invesco India Arbitrage costs less: 2.20% a year against 2.48% (Direct plans).
- Invesco India Arbitrage swung less over 3 years: a standard deviation of 1.1% a year against 1.2%.
- Invesco India Arbitrage fell less in its worst fall since 22-06-2020: −0.4% against −0.4%.
- Invesco India Arbitrage holds more in large companies: 53.9% of the fund in large caps against 37.6%.
- Invesco India Arbitrage is the larger fund: ₹30,396 Cr against ₹3,571 Cr.
- Their portfolios overlap 38.6%: 168 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 | Invesco India Arbitrage Fund | Mirae Asset Arbitrage Fund |
|---|---|---|
| Fund house | Invesco Mutual Fund | Mirae Asset Mutual Fund |
| Category | Arbitrage | Arbitrage |
| AUM | ₹30,396 Cr (30-09-2026) | ₹3,571 Cr (30-09-2026) |
| NAV | ₹37.63 (Direct) | ₹14.71 (Direct) |
| Expense ratio (Direct) | 2.20% | 2.48% |
| Expense ratio (Regular) | 2.87% | 3.25% |
| Riskometer | Low | Low |
| Benchmark | Nifty 50 Arbitrage Index | Nifty 50 Arbitrage Index |
| Launch date | 30-04-2007 | 19-06-2020 |
| Minimum investment | Not available | ₹5,000 |
| Lock in | None | None |
| Fund managers | Deepak Gupta, Pradeep Sukte | Jignesh Rao, Jigar Sethia, Pranavi Kulkarni |
| Exit load | Exit load of 0.50% if redeemed within 15 days | Exit Load : 0.25% If Redeemed or Switched Out within 15 days from the date of allotment. Nil after 15 Days. |
Invesco India Arbitrage vs Mirae Asset 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 |
|---|---|---|---|---|---|---|---|
| Invesco India Arbitrage Fund (Direct) | +0.63% | +1.62% | +3.40% | +6.88% | +7.46% | +7.14% | +6.46% |
| Mirae Asset Arbitrage Fund (Direct) | +0.62% | +1.57% | +3.33% | +6.73% | +7.35% | +6.82% | -- |
| 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.
Invesco India Arbitrage vs Mirae Asset Arbitrage: Year-wise Returns
| Year | Invesco IndiaInvesco India Arbitrage | Mirae AssetMirae Asset Arbitrage |
|---|---|---|
| 2026to date | +5.60% | +5.52% |
| 2025 | +7.17% | +6.99% |
| 2024 | +8.32% | +8.36% |
| 2023 | +8.07% | +7.82% |
| 2022 | +5.85% | +4.84% |
| 2021 | +4.15% | +4.19% |
Invesco India Arbitrage vs Mirae Asset Arbitrage: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 825 of them, one for each trading day from 22-06-2023 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.
Invesco India Arbitrage Fund (Direct)
Mirae Asset Arbitrage Fund (Direct)
to
Sept 2023Apr 2021
to
Apr 2024Nov 2021
to
Nov 2024Jun 2022
to
Jun 2025Jan 2023
to
Jan 2026Jul 2023
to
Jul 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Invesco India Arbitrage | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7.1% | 7.5% | 5.2% | 8.0% |
| Mirae Asset Arbitrage | 0.0 | 1.3 | 98.7 | 0.0 | 0.0 | 0.0 | 0.0 | 6.8% | 7.1% | 4.9% | 7.8% |
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 22-06-2020. Past returns do not promise future returns.
Invesco India Arbitrage vs Mirae Asset 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 01-06-2020 to 30-10-2026: 77 instalments, ₹7,70,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Invesco India ArbitrageInvesco India Arbitrage Fund (Direct) | ₹7,70,000 | ₹9,69,217 | ₹1,99,217 | 7.1% |
| Mirae Asset ArbitrageMirae Asset Arbitrage Fund (Direct) | ₹7,70,000 | ₹9,62,712 | ₹1,92,712 | 6.9% |
Invesco India ArbitrageInvesco India Arbitrage Fund (Direct)
Mirae Asset ArbitrageMirae Asset 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.
Invesco India Arbitrage vs Mirae Asset Arbitrage: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Invesco India Arbitrage Fund (Direct) | Mirae Asset Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.88% | +6.73% |
| Standard deviation | 1.35% | 1.45% |
| Sharpe ratio | 1.21 | 1.02 |
| Sortino ratio | 1.82 | 1.53 |
| 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 | Invesco India Arbitrage Fund (Direct) | Mirae Asset Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.46% | +7.35% |
| Standard deviation | 1.09% | 1.16% |
| Sharpe ratio | 1.32 | 1.14 |
| Sortino ratio | 2.01 | 1.73 |
| 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 | Invesco India Arbitrage Fund (Direct) | Mirae Asset Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.14% | +6.82% |
| Standard deviation | 1.00% | 1.06% |
| Sharpe ratio | 1.34 | 0.96 |
| Sortino ratio | 2.05 | 1.46 |
| 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 | Invesco India Arbitrage Fund (Direct) | Mirae Asset Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.95% | +6.25% |
| Standard deviation | 1.04% | 1.03% |
| Sharpe ratio | 0.87 | 0.99 |
| Sortino ratio | 1.29 | 1.49 |
| Maximum drawdown | −0.5% (03-06-2020) | −0.4% (06-08-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 02-01-2013 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.
Invesco India Arbitrage Fund (Direct)
Mirae Asset Arbitrage Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Invesco India Arbitrage Fund (Direct) | −0.4% | 03-08-2026 | 06-08-2026 | 21-08-2026 | 15 days | −0.0% |
| Mirae Asset Arbitrage Fund (Direct) | −0.4% | 03-08-2026 | 06-08-2026 | 31-08-2026 | 25 days | −0.0% |
From daily values since 22-06-2020, 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.
Invesco India Arbitrage Fund (Direct)
Mirae Asset 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.
Invesco India Arbitrage Fund (Direct)
Mirae Asset 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.
Invesco India Arbitrage Fund (Direct)
Mirae Asset Arbitrage Fund (Direct)
Invesco India Arbitrage vs Mirae Asset Arbitrage: Portfolio Overlap
From each fund's latest monthly portfolio: Invesco India Arbitrage Fund, September 2026; Mirae Asset Arbitrage Fund, September 2026
Holdings in common
- Overlap
- 38.6%
- Held by both
- 168
- Only in Invesco India Arbitrage
- 26
- Only in Mirae Asset Arbitrage
- 28
| Security | % of Invesco India Arbitrage | % of Mirae Asset Arbitrage |
|---|---|---|
| APL Apollo Tubes Limited | 1.77% | 0.92% |
| Infosys Limited | 1.01% | 0.90% |
| Reliance Industries Limited | 3.48% | 0.83% |
| Multi Commodity Exchange of India Limited | 1.55% | 0.74% |
| Cummins India Limited | 0.77% | 0.72% |
| ICICI Bank Limited | 4.55% | 0.71% |
| Tata Consultancy Services Limited | 0.67% | 0.84% |
| State Bank of India | 1.99% | 0.66% |
| LIC Housing Finance Limited | 0.64% | 0.73% |
| Divi's Laboratories Limited | 1.08% | 0.61% |
| Axis Bank Limited | 2.20% | 0.60% |
| NMDC Limited | 0.71% | 0.55% |
| Bharti Airtel Limited | 2.16% | 0.54% |
| The Federal Bank Limited | 0.78% | 0.53% |
| Tata Steel Limited | 1.57% | 0.52% |
| Patanjali Foods Limited | 0.48% | 0.68% |
| Coal India Limited | 1.47% | 0.48% |
| Computer Age Management Services Limited | 0.50% | 0.47% |
| HDFC Bank Limited | 5.58% | 0.46% |
| Godrej Properties Limited | 0.45% | 0.53% |
| Hindustan Unilever Limited | 0.78% | 0.44% |
| Life Insurance Corporation Of India | 0.43% | 0.72% |
| Vodafone Idea Limited | 2.20% | 0.43% |
| Biocon Limited | 0.64% | 0.42% |
| ITC Limited | 0.61% | 0.41% |
| Coforge Limited | 0.46% | 0.41% |
| Canara Bank | 1.52% | 0.40% |
| Bank of Baroda | 0.50% | 0.39% |
| Marico Limited | 0.38% | 0.40% |
| Maruti Suzuki India Limited | 0.37% | 0.74% |
| Tata Consumer Products Limited | 0.36% | 0.37% |
| PB Fintech Limited | 0.52% | 0.36% |
| The Indian Hotels Company Limited | 0.60% | 0.35% |
| PNB Housing Finance Limited | 0.39% | 0.35% |
| Punjab National Bank | 1.03% | 0.34% |
| Swiggy Limited | 0.34% | 0.40% |
| Bharat Forge Limited | 0.33% | 0.55% |
| HDFC Asset Management Company Limited | 0.32% | 0.37% |
| Bajaj Finance Ltd | 0.32% | 0.56% |
| MphasiS Limited | 0.32% | 0.34% |
| Adani Enterprises Limited | 0.32% | 0.36% |
| Indus Towers Limited | 0.77% | 0.31% |
| Fortis Healthcare Limited | 0.31% | 0.36% |
| Delhivery Limited | 0.31% | 0.62% |
| Tata Motors Passenger Vehicles Limited | 0.55% | 0.30% |
| Lupin Limited | 0.30% | 0.39% |
| Samvardhana Motherson International Limited | 0.30% | 0.32% |
| Hindustan Zinc Limited | 0.35% | 0.30% |
| Oberoi Realty Limited | 0.29% | 0.44% |
| BSE Limited | 0.29% | 0.91% |
| Tech Mahindra Limited | 0.34% | 0.28% |
| Astral Limited | 0.28% | 0.43% |
| Indian Energy Exchange Limited | 0.28% | 0.28% |
| PG Electroplast Limited | 0.28% | 0.56% |
| GE Vernova T&D India Limited | 0.58% | 0.28% |
| Varun Beverages Ltd | 0.80% | 0.28% |
| Indian Oil Corporation Limited | 0.60% | 0.28% |
| Jio Financial Services Limited | 1.46% | 0.28% |
| Bajaj Auto Limited | 0.31% | 0.27% |
| Torrent Pharmaceuticals Limited | 0.40% | 0.27% |
| UPL Limited | 0.27% | 0.30% |
| Ambuja Cements Limited | 1.26% | 0.25% |
| Union Bank of India | 0.32% | 0.25% |
| Bandhan Bank Limited | 0.25% | 0.43% |
| Crompton Greaves Consumer Electricals Limited | 0.55% | 0.25% |
| Power Finance Corporation Limited | 1.77% | 0.24% |
| NTPC Limited | 0.24% | 0.45% |
| Adani Power Limited | 2.11% | 0.24% |
| Mahindra & Mahindra Limited | 0.23% | 0.55% |
| TVS Motor Company Limited | 0.23% | 0.62% |
| Info Edge India Ltd | 0.23% | 0.64% |
| FSN E-Commerce Ventures Limited | 0.34% | 0.23% |
| Yes Bank Limited | 1.38% | 0.22% |
| Hindalco Industries Limited | 0.22% | 0.34% |
| IDFC First Bank Limited | 1.77% | 0.22% |
| Container Corporation of India Limited | 0.58% | 0.21% |
| Hindustan Petroleum Corporation Limited | 0.21% | 0.38% |
| Muthoot Finance Limited | 0.21% | 0.45% |
| Adani Energy Solutions Limited | 0.21% | 0.37% |
| Suzlon Energy Limited | 0.24% | 0.21% |
| Bank of India | 0.26% | 0.20% |
| Ashok Leyland Limited | 0.20% | 0.59% |
| One 97 Communications Limited | 0.20% | 0.45% |
| Eicher Motors Limited | 0.19% | 0.39% |
| Alkem Laboratories Limited | 0.19% | 0.36% |
| Central Depository Services (India) Limited | 0.19% | 0.48% |
| Laurus Labs Limited | 0.19% | 0.44% |
| AU Small Finance Bank Limited | 0.19% | 0.28% |
| Asian Paints Limited | 0.18% | 0.43% |
| JSW Energy Limited | 0.18% | 0.43% |
| Vedanta Limited | 0.18% | 0.71% |
| Voltas Limited | 0.18% | 0.35% |
| HDFC Life Insurance Company Limited | 0.18% | 0.30% |
| Glenmark Pharmaceuticals Limited | 0.18% | 0.46% |
| Tata Power Company Limited | 0.21% | 0.18% |
| Hindustan Aeronautics Limited | 0.28% | 0.17% |
| Aditya Birla Capital Limited | 0.17% | 0.33% |
| Bharat Heavy Electricals Limited | 0.24% | 0.17% |
| Oil India Limited | 0.16% | 0.40% |
| Aurobindo Pharma Limited | 0.16% | 0.67% |
| InterGlobe Aviation Limited | 0.16% | 0.61% |
| KEI Industries Limited | 0.15% | 0.27% |
| Titan Company Limited | 0.14% | 0.54% |
| Colgate Palmolive (India) Limited | 0.25% | 0.14% |
| Sagility Limited | 0.13% | 0.29% |
| Cholamandalam Investment and Finance Company Limited | 0.13% | 0.34% |
| The Phoenix Mills Limited | 0.13% | 0.48% |
| Nestle India Limited | 0.13% | 0.34% |
| Radico Khaitan Limited | 0.13% | 0.58% |
| Larsen & Toubro Limited | 0.12% | 1.78% |
| Bharat Petroleum Corporation Limited | 0.12% | 0.63% |
| GAIL (India) Limited | 0.12% | 0.44% |
| Supreme Industries Limited | 0.12% | 0.22% |
| Pidilite Industries Limited | 0.12% | 0.71% |
| Kalyan Jewellers India Limited | 0.11% | 0.75% |
| Adani Green Energy Limited | 0.11% | 0.38% |
| SBI Cards and Payment Services Limited | 0.10% | 0.28% |
| Hitachi Energy India Limited | 0.10% | 0.40% |
| Manappuram Finance Limited | 0.53% | 0.09% |
| KPIT Technologies Limited | 0.09% | 0.22% |
| NBCC (India) Limited | 0.09% | 0.12% |
| Bajaj Holdings & Investment Limited | 0.09% | 0.11% |
| National Aluminium Company Limited | 0.09% | 0.43% |
| Oil & Natural Gas Corporation Limited | 0.09% | 0.41% |
| Bosch Limited | 0.09% | 0.39% |
| SRF Limited | 0.09% | 0.53% |
| Tube Investments Of India Limited | 0.09% | 0.38% |
| JSW Steel Limited | 0.08% | 0.53% |
| SBI Life Insurance Company Limited | 0.08% | 0.40% |
| UltraTech Cement Limited | 0.08% | 0.49% |
| Shriram Finance Limited | 0.22% | 0.07% |
| Kotak Mahindra Bank Ltd | 0.52% | 0.06% |
| Jubilant Foodworks Limited | 0.25% | 0.06% |
| Power Grid Corporation of India Limited | 0.06% | 0.20% |
| Page Industries Limited | 0.06% | 0.27% |
| Bajaj Finserv Limited | 0.06% | 0.31% |
| Bank of Maharashtra | 0.05% | 0.31% |
| United Spirits Limited | 0.05% | 0.26% |
| ICICI Lombard General Insurance Company Limited | 0.18% | 0.04% |
| Sun Pharmaceutical Industries Limited | 0.04% | 0.55% |
| Grasim Industries Limited | 0.04% | 0.74% |
| ABB India Limited | 0.04% | 0.25% |
| Apollo Hospitals Enterprise Limited | 0.04% | 0.35% |
| Indian Bank | 0.04% | 0.09% |
| Adani Ports and Special Economic Zone Limited | 0.04% | 0.34% |
| GMR Airports Limited | 0.06% | 0.04% |
| Dabur India Limited | 0.03% | 0.26% |
| CG Power and Industrial Solutions Limited | 0.03% | 0.52% |
| IndusInd Bank Limited | 0.03% | 0.45% |
| Persistent Systems Ltd | 0.03% | 0.39% |
| Solar Industries India Limited | 0.03% | 0.17% |
| 360 One WAM Limited | 0.03% | 0.44% |
| Eternal Limited | 0.03% | 0.26% |
| Trent Limited | 0.03% | 0.80% |
| Zydus Lifesciences Limited | 0.02% | 0.21% |
| Max Healthcare Institute Limited | 0.02% | 0.39% |
| Wipro Limited | 0.02% | 0.09% |
| Godrej Consumer Products Limited | 0.02% | 0.15% |
| Max Financial Services Limited | 0.02% | 0.25% |
| Polycab India Limited | 0.02% | 0.65% |
| L&T Finance Limited | 0.02% | 0.35% |
| Angel One Limited | 0.02% | 0.77% |
| Rail Vikas Nigam Limited | 0.02% | 0.01% |
| Jindal Steel Limited | 0.39% | 0.01% |
| Hero MotoCorp Limited | 0.01% | 0.27% |
| Avenue Supermarts Limited | 0.01% | 0.32% |
| Amber Enterprises India Limited | 0.01% | 0.25% |
| Lodha Developers Limited | 0.01% | 0.21% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 38.6% means 38.6% 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 Invesco India Arbitrage Fund
| Security | % of fund |
|---|---|
| Invesco India Money Market Fund - Direct Plan - Growth | 5.52% |
| Invesco India Liquid Fund - Direct Plan - Growth | 5.22% |
| HDFC Bank Limited 2027 | 1.28% |
| Bank of Baroda 2027 | 0.96% |
| Small Industries Dev Bank of India 2027 | 0.96% |
Largest holdings only in Mirae Asset Arbitrage Fund
| Security | % of fund |
|---|---|
| Mirae Asset Liquid Fund-Direct Plan-Growth | 9.89% |
| Mirae Asset Money Market Fund-Direct Plan-Growth | 4.94% |
| Premier Energies Ltd | 0.64% |
| Havells India Ltd. | 0.54% |
| Ather Energy Ltd. | 0.48% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Invesco India Arbitrage | Mirae Asset Arbitrage |
|---|---|---|
| Equity | 79.6% | 73.5% |
| Debt | 5.8% | 0.0% |
| Cash and others | 14.6% | 26.5% |
Market cap of stocks
| Market cap | Invesco India Arbitrage | Mirae Asset Arbitrage |
|---|---|---|
| Large Cap | 53.9% | 37.6% |
| Mid Cap | 20.6% | 29.0% |
| Small Cap | 5.0% | 6.8% |
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 | Invesco India Arbitrage | Mirae Asset Arbitrage |
|---|---|---|
| Banks | 23.3% | 6.7% |
| Finance | 6.1% | 4.5% |
| Capital Markets | 3.2% | 5.1% |
| Telecom - Services | 5.1% | 1.3% |
| Pharmaceuticals & Biotechnology | 3.2% | 4.7% |
| Petroleum Products | 4.4% | 2.1% |
| Automobiles | 1.9% | 3.7% |
| Consumer Durables | 1.4% | 3.7% |
| IT - Software | 3.6% | 3.5% |
The six largest sectors of each fund's stocks, % of the fund.
Invesco India Arbitrage vs Mirae Asset Arbitrage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Invesco India Arbitrage Fund | Mirae Asset Arbitrage Fund |
|---|---|---|
| Total expense ratio (Direct) | 2.20% | 2.48% |
| Base expense ratio (Direct) | 0.34% | 0.13% |
| Total expense ratio (Regular) | 2.87% | 3.25% |
| Base expense ratio (Regular) | 0.91% | 0.78% |
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 Invesco India Arbitrage with
Invesco India Arbitrage Fund vs Mirae Asset Arbitrage Fund: Frequently Asked Questions
What is the difference between Invesco India Arbitrage Fund and Mirae Asset Arbitrage Fund?
Both are Arbitrage funds, run by Invesco Mutual Fund and Mirae Asset Mutual Fund. Their portfolios overlap 38.6%. Invesco India Arbitrage Fund charges 2.20% a year and Mirae Asset Arbitrage Fund 2.48%.
Which has given higher returns, Invesco India Arbitrage Fund or Mirae Asset Arbitrage Fund?
Over 1 year: Invesco India Arbitrage Fund +6.88%, Mirae Asset Arbitrage Fund +6.73%. Over 3 years: Invesco India Arbitrage Fund +7.46% a year, Mirae Asset Arbitrage Fund +7.35% a year. Over 5 years: Invesco India Arbitrage Fund +7.14% a year, Mirae Asset Arbitrage Fund +6.82% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Invesco India Arbitrage Fund or Mirae Asset Arbitrage Fund?
Invesco India Arbitrage Fund charges less: 2.20% a year against 2.48%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Invesco India Arbitrage Fund and Mirae Asset Arbitrage Fund overlap?
38.6%. They hold 168 of the same securities, the largest shared ones being APLAPOLLO, INFY, RELIANCE. From each fund's latest monthly portfolio.
Which is riskier, Invesco India Arbitrage Fund or Mirae Asset Arbitrage Fund?
On SEBI's riskometer, Invesco India Arbitrage Fund is rated Low and Mirae Asset Arbitrage Fund Low. Over 3 years, the standard deviation of daily returns was 1.09% and 1.16% a year.
Which is better for SIP, Invesco India Arbitrage Fund or Mirae Asset Arbitrage Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,35,975 in Invesco India Arbitrage Fund (XIRR 7.3% a year) and ₹7,32,571 in Mirae Asset Arbitrage Fund (XIRR 7.1% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Invesco India Arbitrage Fund and Mirae Asset Arbitrage Fund?
Yes. 38.6% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Invesco India Arbitrage Fund and Mirae Asset Arbitrage Fund?
Invesco India Arbitrage Fund: Deepak Gupta, Pradeep Sukte. Mirae Asset Arbitrage Fund: Jignesh Rao, Jigar Sethia, Pranavi Kulkarni.
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.