Invesco India Arbitrage Fund vs quant Arbitrage Fund
Direct Plan, Growth option · Data as on 30-10-2026
Invesco India Arbitrage Fund and quant Arbitrage Fund are both Arbitrage funds. In the year to 30-10-2026, Invesco India Arbitrage Fund (Direct) returned 6.9% and quant Arbitrage Fund (Direct) returned 7.6%. Invesco India Arbitrage Fund charges 2.20% a year and quant Arbitrage Fund 1.60% (Direct plans). Their portfolios overlap 33.3%: they hold 87 of the same securities.
Invesco India Arbitrage Fund
Arbitrage
- 1 year return
- 6.9%
- Expense ratio
- 2.20%
- NAV
- ₹37.63
Which is better, Invesco India Arbitrage or quant Arbitrage? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- quant Arbitrage returned more over 1 year: 7.6% against 6.9%.
- quant Arbitrage costs less: 1.60% a year against 2.20% (Direct plans).
- quant Arbitrage fell less in its worst fall since 07-04-2025: −0.4% against −0.4%.
- Invesco India Arbitrage is the larger fund: ₹30,396 Cr against ₹1,007 Cr.
- Their portfolios overlap 33.3%: 87 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 | quant Arbitrage Fund |
|---|---|---|
| Fund house | Invesco Mutual Fund | quant Mutual Fund |
| Category | Arbitrage | Arbitrage |
| AUM | ₹30,396 Cr (30-09-2026) | ₹1,007 Cr (30-09-2026) |
| NAV | ₹37.63 (Direct) | ₹11.19 (Direct) |
| Expense ratio (Direct) | 2.20% | 1.60% |
| Expense ratio (Regular) | 2.87% | 2.25% |
| Riskometer | Low | Low |
| Benchmark | Nifty 50 Arbitrage Index | Nifty 50 Arbitrage TRI |
| Launch date | 30-04-2007 | 04-04-2025 |
| Minimum investment | Not available | ₹5,000 |
| Lock in | None | None |
| Fund managers | Deepak Gupta, Pradeep Sukte | Sameer Kate, Yug Tibrewal, Sanjeev Sharma |
| Exit load | Exit load of 0.50% if redeemed within 15 days | Exit load of 0.25%, if redeemed within 1 month. |
Invesco India Arbitrage vs quant 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% |
| quant Arbitrage Fund (Direct) | +0.51% | +1.68% | +3.63% | +7.56% | -- | -- | -- |
| Arbitrage average | +0.56% | +1.52% | +3.20% | +6.62% | -- | -- | -- |
Category average: the average of the 39 Arbitrage funds, same plan type.
Invesco India Arbitrage vs quant Arbitrage: Year-wise Returns
| Year | Invesco IndiaInvesco India Arbitrage | quantquant Arbitrage |
|---|---|---|
| 2026to date | +5.60% | +6.22% |
| 2025 | +7.17% | -- |
| 2024 | +8.32% | -- |
| 2023 | +8.07% | -- |
| 2022 | +5.85% | -- |
| 2021 | +4.15% | -- |
Invesco India Arbitrage vs quant Arbitrage: Rolling Returns
Every holding period of both funds
Rolling returns
Every 1-year holding period, 140 of them, one for each trading day from 07-04-2026 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)
quant Arbitrage Fund (Direct)
to
Apr 2026May 2025
to
May 2026Jul 2025
to
Jul 2026Aug 2025
to
Aug 2026Sept 2025
to
Sept 2026Oct 2025
to
Oct 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 | 6.7% | 6.8% | 6.3% | 7.1% |
| quant Arbitrage | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7.5% | 7.5% | 7.1% | 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 07-04-2025. Past returns do not promise future returns.
Invesco India Arbitrage vs quant 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 01-04-2025 to 30-10-2026: 19 instalments, ₹1,90,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Invesco India ArbitrageInvesco India Arbitrage Fund (Direct) | ₹1,90,000 | ₹2,00,662 | ₹10,662 | 6.8% |
| quant Arbitragequant Arbitrage Fund (Direct) | ₹1,90,000 | ₹2,01,679 | ₹11,679 | 7.4% |
Invesco India ArbitrageInvesco India Arbitrage Fund (Direct)
quant Arbitragequant 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 quant 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) | quant Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.88% | +7.56% |
| Standard deviation | 1.35% | 1.46% |
| Sharpe ratio | 1.21 | 1.59 |
| Sortino ratio | 1.82 | 2.43 |
| Maximum drawdown | −0.4% (06-08-2026) | −0.4% (26-08-2026) |
| 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) | quant Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.95% | +7.37% |
| Standard deviation | 1.04% | 1.29% |
| Sharpe ratio | 0.87 | 1.55 |
| Sortino ratio | 1.29 | 2.35 |
| Maximum drawdown | −0.5% (03-06-2020) | −0.4% (26-08-2026) |
| 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)
quant 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% |
| quant Arbitrage Fund (Direct) | −0.4% | 24-08-2026 | 26-08-2026 | 01-09-2026 | 6 days | −0.1% |
From daily values since 07-04-2025, 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)
quant Arbitrage Fund (Direct)
Invesco India Arbitrage vs quant Arbitrage: Portfolio Overlap
From each fund's latest monthly portfolio: Invesco India Arbitrage Fund, September 2026; quant Arbitrage Fund, September 2026
Holdings in common
- Overlap
- 33.3%
- Held by both
- 87
- Only in Invesco India Arbitrage
- 107
- Only in quant Arbitrage
- 22
| Security | % of Invesco India Arbitrage | % of quant Arbitrage |
|---|---|---|
| Reliance Industries Limited | 3.48% | 4.80% |
| HDFC Bank Limited | 5.58% | 2.45% |
| State Bank of India | 1.99% | 1.81% |
| Vodafone Idea Limited | 2.20% | 1.29% |
| Yes Bank Limited | 1.38% | 1.18% |
| Punjab National Bank | 1.03% | 1.62% |
| Axis Bank Limited | 2.20% | 0.88% |
| ICICI Bank Limited | 4.55% | 0.87% |
| Bharti Airtel Limited | 2.16% | 0.86% |
| Adani Power Limited | 2.11% | 0.85% |
| Varun Beverages Ltd | 0.80% | 1.56% |
| Hindustan Unilever Limited | 0.78% | 0.83% |
| Canara Bank | 1.52% | 0.78% |
| Indus Towers Limited | 0.77% | 2.10% |
| LIC Housing Finance Limited | 0.64% | 1.44% |
| Biocon Limited | 0.64% | 1.15% |
| ITC Limited | 0.61% | 1.41% |
| GE Vernova T&D India Limited | 0.58% | 0.70% |
| Manappuram Finance Limited | 0.53% | 0.77% |
| Kotak Mahindra Bank Ltd | 0.52% | 0.58% |
| NMDC Limited | 0.71% | 0.45% |
| Divi's Laboratories Limited | 1.08% | 0.43% |
| Life Insurance Corporation Of India | 0.43% | 0.66% |
| Maruti Suzuki India Limited | 0.37% | 0.87% |
| Jio Financial Services Limited | 1.46% | 0.34% |
| Swiggy Limited | 0.34% | 2.33% |
| Bajaj Finance Ltd | 0.32% | 0.69% |
| Adani Enterprises Limited | 0.32% | 0.44% |
| Union Bank of India | 0.32% | 0.62% |
| Torrent Pharmaceuticals Limited | 0.40% | 0.31% |
| Samvardhana Motherson International Limited | 0.30% | 1.09% |
| Cummins India Limited | 0.77% | 0.28% |
| Hindustan Aeronautics Limited | 0.28% | 0.86% |
| PG Electroplast Limited | 0.28% | 0.63% |
| UPL Limited | 0.27% | 1.37% |
| Tata Consumer Products Limited | 0.36% | 0.25% |
| Bharat Heavy Electricals Limited | 0.24% | 1.18% |
| NTPC Limited | 0.24% | 1.87% |
| Info Edge India Ltd | 0.23% | 3.03% |
| HDFC Asset Management Company Limited | 0.32% | 0.22% |
| Shriram Finance Limited | 0.22% | 0.59% |
| APL Apollo Tubes Limited | 1.77% | 0.21% |
| Hindustan Petroleum Corporation Limited | 0.21% | 0.80% |
| Tata Power Company Limited | 0.21% | 0.43% |
| Adani Energy Solutions Limited | 0.21% | 0.33% |
| Steel Authority of India Limited | 0.22% | 0.20% |
| Bank of India | 0.26% | 0.20% |
| Ashok Leyland Limited | 0.20% | 0.19% |
| Eicher Motors Limited | 0.19% | 0.39% |
| Asian Paints Limited | 0.18% | 0.24% |
| HDFC Life Insurance Company Limited | 0.18% | 3.19% |
| Glenmark Pharmaceuticals Limited | 0.18% | 0.68% |
| Bandhan Bank Limited | 0.25% | 0.18% |
| Godrej Properties Limited | 0.45% | 0.17% |
| Bharat Electronics Limited | 0.21% | 0.17% |
| Tata Consultancy Services Limited | 0.67% | 0.16% |
| Aurobindo Pharma Limited | 0.16% | 0.82% |
| Jindal Steel Limited | 0.39% | 0.15% |
| One 97 Communications Limited | 0.20% | 0.14% |
| Cholamandalam Investment and Finance Company Limited | 0.13% | 1.61% |
| Radico Khaitan Limited | 0.13% | 0.13% |
| Oil India Limited | 0.16% | 0.12% |
| Tata Steel Limited | 1.57% | 0.12% |
| Bharat Petroleum Corporation Limited | 0.12% | 0.50% |
| Larsen & Toubro Limited | 0.12% | 0.12% |
| Laurus Labs Limited | 0.19% | 0.12% |
| Adani Green Energy Limited | 0.11% | 0.52% |
| Computer Age Management Services Limited | 0.50% | 0.10% |
| Hitachi Energy India Limited | 0.10% | 0.21% |
| FSN E-Commerce Ventures Limited | 0.34% | 0.10% |
| KPIT Technologies Limited | 0.09% | 0.57% |
| NBCC (India) Limited | 0.09% | 2.12% |
| Oil & Natural Gas Corporation Limited | 0.09% | 2.38% |
| SRF Limited | 0.09% | 0.49% |
| JSW Steel Limited | 0.08% | 0.48% |
| UltraTech Cement Limited | 0.08% | 0.28% |
| Ambuja Cements Limited | 1.26% | 0.07% |
| Power Grid Corporation of India Limited | 0.06% | 0.10% |
| GMR Airports Limited | 0.06% | 0.51% |
| Bajaj Finserv Limited | 0.06% | 0.41% |
| Indian Oil Corporation Limited | 0.60% | 0.05% |
| Adani Ports and Special Economic Zone Limited | 0.04% | 1.46% |
| Dabur India Limited | 0.03% | 0.46% |
| Zydus Lifesciences Limited | 0.02% | 3.82% |
| Godrej Consumer Products Limited | 0.02% | 0.52% |
| Amber Enterprises India Limited | 0.01% | 1.11% |
| Kalyan Jewellers India Limited | 0.11% | 0.01% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 33.3% means 33.3% 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% |
| IDFC First Bank Limited | 1.77% |
| Power Finance Corporation Limited | 1.77% |
| Multi Commodity Exchange of India Limited | 1.55% |
Largest holdings only in quant Arbitrage Fund
| Security | % of fund |
|---|---|
| TREPS 01-Oct-2026 DEPO 10 | 7.26% |
| SIDBI CD 25-Mar-2027 | 4.80% |
| 182 Days Treasury Bill 18-Mar-2027 | 1.93% |
| 364 Days Treasury Bill 01-Jul-2027 | 1.90% |
| 364 Days Treasury Bill 29-Jul-2027 | 1.89% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Invesco India Arbitrage | quant Arbitrage |
|---|---|---|
| Equity | 79.6% | 76.4% |
| Debt | 5.8% | 28.6% |
| Cash and others | 14.6% | -5.0% |
Market cap of stocks
| Market cap | Invesco India Arbitrage | quant Arbitrage |
|---|---|---|
| Large Cap | 53.9% | 48.1% |
| Mid Cap | 20.6% | 21.4% |
| Small Cap | 5.0% | 6.9% |
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 | quant Arbitrage |
|---|---|---|
| Banks | 23.3% | 11.2% |
| Pharmaceuticals & Biotechnology | 3.2% | 7.3% |
| Petroleum Products | 4.4% | 6.2% |
| Finance | 6.1% | 5.8% |
| Retailing | 1.0% | 5.5% |
| Telecom - Services | 5.1% | 4.3% |
| Power | 3.1% | 4.4% |
| IT - Software | 3.6% | 0.7% |
The six largest sectors of each fund's stocks, % of the fund.
Invesco India Arbitrage vs quant Arbitrage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Invesco India Arbitrage Fund | quant Arbitrage Fund |
|---|---|---|
| Total expense ratio (Direct) | 2.20% | 1.60% |
| Base expense ratio (Direct) | 0.34% | 0.28% |
| Total expense ratio (Regular) | 2.87% | 2.25% |
| Base expense ratio (Regular) | 0.91% | 0.83% |
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 quant Arbitrage Fund: Frequently Asked Questions
What is the difference between Invesco India Arbitrage Fund and quant Arbitrage Fund?
Both are Arbitrage funds, run by Invesco Mutual Fund and quant Mutual Fund. Their portfolios overlap 33.3%. Invesco India Arbitrage Fund charges 2.20% a year and quant Arbitrage Fund 1.60%.
Which has given higher returns, Invesco India Arbitrage Fund or quant Arbitrage Fund?
Over 1 year: Invesco India Arbitrage Fund +6.88%, quant Arbitrage Fund +7.56%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Invesco India Arbitrage Fund or quant Arbitrage Fund?
quant Arbitrage Fund charges less: 1.60% a year against 2.20%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Invesco India Arbitrage Fund and quant Arbitrage Fund overlap?
33.3%. They hold 87 of the same securities, the largest shared ones being RELIANCE, HDFCBANK, SBIN. From each fund's latest monthly portfolio.
Which is riskier, Invesco India Arbitrage Fund or quant Arbitrage Fund?
On SEBI's riskometer, Invesco India Arbitrage Fund is rated Low and quant Arbitrage Fund Low. Over 1 years, the standard deviation of daily returns was 1.35% and 1.46% a year.
Can I invest in both Invesco India Arbitrage Fund and quant Arbitrage Fund?
Yes. 33.3% 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 quant Arbitrage Fund?
Invesco India Arbitrage Fund: Deepak Gupta, Pradeep Sukte. quant Arbitrage Fund: Sameer Kate, Yug Tibrewal, Sanjeev Sharma.
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.