Invesco India Arbitrage Fund vs SBI Arbitrage Fund
Direct Plan, Growth option · Data as on 30-10-2026
Invesco India Arbitrage Fund and SBI 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 SBI Arbitrage Fund (Direct) returned 7.2% a year. Invesco India Arbitrage Fund charges 2.20% a year and SBI Arbitrage Fund 1.47% (Direct plans). Their portfolios overlap 53.8%: they hold 170 of the same securities.
Invesco India Arbitrage Fund
Arbitrage
- 3 year return
- 7.5%
- Expense ratio
- 2.20%
- NAV
- ₹37.63
Which is better, Invesco India Arbitrage or SBI 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 7.2%.
- SBI Arbitrage costs less: 1.47% a year against 2.20% (Direct plans).
- Invesco India Arbitrage swung less over 3 years: a standard deviation of 1.1% a year against 1.1%.
- Invesco India Arbitrage fell less in its worst fall since 14-01-2013: −0.5% against −0.7%.
- SBI Arbitrage is the larger fund: ₹46,309 Cr against ₹30,396 Cr.
- Their portfolios overlap 53.8%: 170 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 | SBI Arbitrage Fund |
|---|---|---|
| Fund house | Invesco Mutual Fund | SBI Mutual Fund |
| Category | Arbitrage | Arbitrage |
| AUM | ₹30,396 Cr (30-09-2026) | ₹46,309 Cr (30-09-2026) |
| NAV | ₹37.63 (Direct) | ₹39.08 (Direct) |
| Expense ratio (Direct) | 2.20% | 1.47% |
| Expense ratio (Regular) | 2.87% | 1.99% |
| Riskometer | Low | Low |
| Benchmark | Nifty 50 Arbitrage Index | Nifty 50 Arbitrage Index |
| Launch date | 30-04-2007 | 03-11-2006 |
| Minimum investment | Not available | ₹5,000 |
| Lock in | None | None |
| Fund managers | Deepak Gupta, Pradeep Sukte | Neeraj Kumar - Equity, Ardhendu Bhattacharya |
| Exit load | Exit load of 0.50% if redeemed within 15 days | Exit load of 0.25%, if redeemed within 15 Days. |
Invesco India Arbitrage vs SBI 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% |
| SBI Arbitrage Fund (Direct) | +0.56% | +1.53% | +3.22% | +6.59% | +7.24% | +6.83% | +6.24% |
| 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.
Invesco India Arbitrage vs SBI Arbitrage: Year-wise Returns
| Year | Invesco IndiaInvesco India Arbitrage | SBISBI Arbitrage |
|---|---|---|
| 2026to date | +5.60% | +5.39% |
| 2025 | +7.17% | +7.05% |
| 2024 | +8.32% | +8.11% |
| 2023 | +8.07% | +7.98% |
| 2022 | +5.85% | +5.09% |
| 2021 | +4.15% | +4.43% |
Invesco India Arbitrage vs SBI Arbitrage: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 2,658 of them, one for each trading day from 14-01-2016 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.
Invesco India Arbitrage Fund (Direct)
SBI Arbitrage Fund (Direct)
to
Nov 2016Sept 2015
to
Sept 2018Jul 2017
to
Jul 2020May 2019
to
May 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Invesco India Arbitrage | 0.0 | 5.2 | 94.8 | 0.0 | 0.0 | 0.0 | 0.0 | 6.7% | 6.6% | 4.8% | 8.6% |
| SBI Arbitrage | 0.0 | 14.5 | 85.5 | 0.0 | 0.0 | 0.0 | 0.0 | 6.5% | 6.6% | 4.3% | 8.8% |
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 14-01-2013. Past returns do not promise future returns.
Invesco India Arbitrage vs SBI 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 02-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Invesco India ArbitrageInvesco India Arbitrage Fund (Direct) | ₹16,60,000 | ₹26,92,668 | ₹10,32,668 | 6.7% |
| SBI ArbitrageSBI Arbitrage Fund (Direct) | ₹16,60,000 | ₹26,50,956 | ₹9,90,956 | 6.5% |
Invesco India ArbitrageInvesco India Arbitrage Fund (Direct)
SBI ArbitrageSBI 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 SBI 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) | SBI Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.88% | +6.59% |
| Standard deviation | 1.35% | 1.46% |
| Sharpe ratio | 1.21 | 0.92 |
| Sortino ratio | 1.82 | 1.41 |
| Maximum drawdown | −0.4% (06-08-2026) | −0.5% (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) | SBI Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.46% | +7.24% |
| Standard deviation | 1.09% | 1.12% |
| Sharpe ratio | 1.32 | 1.09 |
| Sortino ratio | 2.01 | 1.66 |
| Maximum drawdown | −0.4% (06-08-2026) | −0.5% (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) | SBI Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.14% | +6.83% |
| Standard deviation | 1.00% | 1.03% |
| Sharpe ratio | 1.34 | 1.01 |
| Sortino ratio | 2.05 | 1.53 |
| Maximum drawdown | −0.4% (06-08-2026) | −0.5% (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) | SBI Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.95% | +6.84% |
| Standard deviation | 1.04% | 1.07% |
| Sharpe ratio | 0.87 | 0.74 |
| Sortino ratio | 1.29 | 1.11 |
| Maximum drawdown | −0.5% (03-06-2020) | −0.7% (25-03-2020) |
| 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)
SBI 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) | −0.5% | 29-05-2020 | 03-06-2020 | 30-06-2020 | 27 days | −0.0% |
| SBI Arbitrage Fund (Direct) | −0.7% | 16-03-2020 | 25-03-2020 | 15-04-2020 | 21 days | −0.1% |
From daily values since 14-01-2013, 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.
Invesco India Arbitrage Fund (Direct)
SBI 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)
SBI 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)
SBI Arbitrage Fund (Direct)
Invesco India Arbitrage vs SBI Arbitrage: Portfolio Overlap
From each fund's latest monthly portfolio: Invesco India Arbitrage Fund, September 2026; SBI Arbitrage Fund, September 2026
Holdings in common
- Overlap
- 53.8%
- Held by both
- 170
- Only in Invesco India Arbitrage
- 24
- Only in SBI Arbitrage
- 26
| Security | % of Invesco India Arbitrage | % of SBI Arbitrage |
|---|---|---|
| HDFC Bank Limited | 5.58% | 4.92% |
| Reliance Industries Limited | 3.48% | 5.58% |
| ICICI Bank Limited | 4.55% | 2.75% |
| Axis Bank Limited | 2.20% | 2.31% |
| Bharti Airtel Limited | 2.16% | 2.39% |
| State Bank of India | 1.99% | 3.68% |
| Tata Steel Limited | 1.57% | 1.59% |
| Vodafone Idea Limited | 2.20% | 1.10% |
| Divi's Laboratories Limited | 1.08% | 1.09% |
| Adani Power Limited | 2.11% | 1.03% |
| Coal India Limited | 1.47% | 0.90% |
| Canara Bank | 1.52% | 0.89% |
| Power Finance Corporation Limited | 1.77% | 0.88% |
| Punjab National Bank | 1.03% | 0.78% |
| Jio Financial Services Limited | 1.46% | 0.77% |
| Varun Beverages Ltd | 0.80% | 0.76% |
| The Federal Bank Limited | 0.78% | 0.74% |
| IDFC First Bank Limited | 1.77% | 0.73% |
| Indus Towers Limited | 0.77% | 0.61% |
| ITC Limited | 0.61% | 0.93% |
| The Indian Hotels Company Limited | 0.60% | 0.70% |
| Ambuja Cements Limited | 1.26% | 0.59% |
| Infosys Limited | 1.01% | 0.59% |
| Hindustan Unilever Limited | 0.78% | 0.56% |
| Indian Oil Corporation Limited | 0.60% | 0.56% |
| Tata Motors Passenger Vehicles Limited | 0.55% | 0.52% |
| Kotak Mahindra Bank Ltd | 0.52% | 0.85% |
| Bank of Baroda | 0.50% | 0.78% |
| Manappuram Finance Limited | 0.53% | 0.45% |
| NMDC Limited | 0.71% | 0.42% |
| Multi Commodity Exchange of India Limited | 1.55% | 0.41% |
| Cummins India Limited | 0.77% | 0.41% |
| APL Apollo Tubes Limited | 1.77% | 0.38% |
| Life Insurance Corporation Of India | 0.43% | 0.38% |
| Biocon Limited | 0.64% | 0.37% |
| Maruti Suzuki India Limited | 0.37% | 0.60% |
| Tata Consumer Products Limited | 0.36% | 0.62% |
| Tech Mahindra Limited | 0.34% | 0.64% |
| Crompton Greaves Consumer Electricals Limited | 0.55% | 0.32% |
| Coforge Limited | 0.46% | 0.32% |
| Torrent Pharmaceuticals Limited | 0.40% | 0.32% |
| HDFC Asset Management Company Limited | 0.32% | 0.36% |
| Bajaj Finance Ltd | 0.32% | 1.57% |
| Adani Enterprises Limited | 0.32% | 1.41% |
| Union Bank of India | 0.32% | 0.37% |
| Samvardhana Motherson International Limited | 0.30% | 0.71% |
| Hindustan Aeronautics Limited | 0.28% | 1.16% |
| HCL Technologies Limited | 0.61% | 0.27% |
| Bajaj Auto Limited | 0.31% | 0.27% |
| Godrej Properties Limited | 0.45% | 0.24% |
| Bharat Heavy Electricals Limited | 0.24% | 0.72% |
| NTPC Limited | 0.24% | 0.55% |
| Mahindra & Mahindra Limited | 0.23% | 0.44% |
| Info Edge India Ltd | 0.23% | 0.39% |
| Bank of India | 0.26% | 0.22% |
| Hindalco Industries Limited | 0.22% | 0.54% |
| Steel Authority of India Limited | 0.22% | 0.46% |
| Shriram Finance Limited | 0.22% | 0.45% |
| Patanjali Foods Limited | 0.48% | 0.21% |
| Swiggy Limited | 0.34% | 0.21% |
| Tata Power Company Limited | 0.21% | 0.64% |
| Bharat Electronics Limited | 0.21% | 1.36% |
| Adani Energy Solutions Limited | 0.21% | 0.81% |
| Tata Consultancy Services Limited | 0.67% | 0.20% |
| One 97 Communications Limited | 0.20% | 0.21% |
| Bandhan Bank Limited | 0.25% | 0.19% |
| Eicher Motors Limited | 0.19% | 0.35% |
| AU Small Finance Bank Limited | 0.19% | 0.21% |
| Laurus Labs Limited | 0.19% | 0.18% |
| HDFC Life Insurance Company Limited | 0.18% | 0.19% |
| Glenmark Pharmaceuticals Limited | 0.18% | 0.48% |
| GE Vernova T&D India Limited | 0.58% | 0.17% |
| Hindustan Zinc Limited | 0.35% | 0.17% |
| TVS Motor Company Limited | 0.23% | 0.17% |
| Aditya Birla Capital Limited | 0.17% | 0.31% |
| Jindal Steel Limited | 0.39% | 0.16% |
| Fortis Healthcare Limited | 0.31% | 0.16% |
| Muthoot Finance Limited | 0.21% | 0.16% |
| Aurobindo Pharma Limited | 0.16% | 0.34% |
| Container Corporation of India Limited | 0.58% | 0.15% |
| MphasiS Limited | 0.32% | 0.15% |
| Suzlon Energy Limited | 0.24% | 0.15% |
| KEI Industries Limited | 0.15% | 0.20% |
| RBL Bank Limited | 0.38% | 0.14% |
| Ashok Leyland Limited | 0.20% | 0.14% |
| Central Depository Services (India) Limited | 0.19% | 0.14% |
| JSW Energy Limited | 0.18% | 0.14% |
| Titan Company Limited | 0.14% | 0.32% |
| Astral Limited | 0.28% | 0.13% |
| Cholamandalam Investment and Finance Company Limited | 0.13% | 0.49% |
| LIC Housing Finance Limited | 0.64% | 0.12% |
| PNB Housing Finance Limited | 0.39% | 0.12% |
| Hindustan Petroleum Corporation Limited | 0.21% | 0.12% |
| Larsen & Toubro Limited | 0.12% | 0.87% |
| Bharat Forge Limited | 0.33% | 0.11% |
| Delhivery Limited | 0.31% | 0.11% |
| Vedanta Limited | 0.18% | 0.11% |
| ICICI Lombard General Insurance Company Limited | 0.18% | 0.11% |
| Kalyan Jewellers India Limited | 0.11% | 0.46% |
| Adani Green Energy Limited | 0.11% | 0.99% |
| Lupin Limited | 0.30% | 0.10% |
| InterGlobe Aviation Limited | 0.16% | 0.10% |
| Hitachi Energy India Limited | 0.10% | 0.27% |
| Marico Limited | 0.38% | 0.09% |
| UPL Limited | 0.27% | 0.09% |
| Alkem Laboratories Limited | 0.19% | 0.09% |
| Asian Paints Limited | 0.18% | 0.09% |
| Voltas Limited | 0.18% | 0.09% |
| Inox Wind Limited | 0.14% | 0.09% |
| The Phoenix Mills Limited | 0.13% | 0.09% |
| Bharat Petroleum Corporation Limited | 0.12% | 0.09% |
| NBCC (India) Limited | 0.09% | 0.17% |
| National Aluminium Company Limited | 0.09% | 0.09% |
| Oil & Natural Gas Corporation Limited | 0.09% | 0.14% |
| SRF Limited | 0.09% | 0.19% |
| Supreme Industries Limited | 0.12% | 0.08% |
| JSW Steel Limited | 0.08% | 1.58% |
| UltraTech Cement Limited | 0.08% | 0.42% |
| PB Fintech Limited | 0.52% | 0.07% |
| Oberoi Realty Limited | 0.29% | 0.07% |
| BSE Limited | 0.29% | 0.07% |
| Oil India Limited | 0.16% | 0.07% |
| SBI Life Insurance Company Limited | 0.08% | 0.07% |
| GAIL (India) Limited | 0.12% | 0.06% |
| Bajaj Holdings & Investment Limited | 0.09% | 0.06% |
| Bosch Limited | 0.09% | 0.06% |
| Tube Investments Of India Limited | 0.09% | 0.06% |
| Power Grid Corporation of India Limited | 0.06% | 0.13% |
| GMR Airports Limited | 0.06% | 0.40% |
| Bajaj Finserv Limited | 0.06% | 0.08% |
| Indian Energy Exchange Limited | 0.28% | 0.05% |
| United Spirits Limited | 0.05% | 0.06% |
| FSN E-Commerce Ventures Limited | 0.34% | 0.04% |
| PG Electroplast Limited | 0.28% | 0.04% |
| Colgate Palmolive (India) Limited | 0.25% | 0.04% |
| Radico Khaitan Limited | 0.13% | 0.04% |
| Sun Pharmaceutical Industries Limited | 0.04% | 0.22% |
| ABB India Limited | 0.04% | 0.04% |
| Apollo Hospitals Enterprise Limited | 0.04% | 0.27% |
| Indian Bank | 0.04% | 0.05% |
| Adani Ports and Special Economic Zone Limited | 0.04% | 0.46% |
| Nestle India Limited | 0.13% | 0.03% |
| SBI Cards and Payment Services Limited | 0.10% | 0.03% |
| KPIT Technologies Limited | 0.09% | 0.03% |
| Grasim Industries Limited | 0.04% | 0.03% |
| Dabur India Limited | 0.03% | 0.18% |
| Cipla Limited | 0.03% | 0.13% |
| CG Power and Industrial Solutions Limited | 0.03% | 0.03% |
| IndusInd Bank Limited | 0.03% | 0.43% |
| Persistent Systems Ltd | 0.03% | 0.08% |
| Solar Industries India Limited | 0.03% | 0.38% |
| 360 One WAM Limited | 0.03% | 0.05% |
| Eternal Limited | 0.03% | 0.16% |
| Trent Limited | 0.03% | 0.05% |
| Computer Age Management Services Limited | 0.50% | 0.02% |
| Sagility Limited | 0.13% | 0.02% |
| Pidilite Industries Limited | 0.12% | 0.02% |
| Zydus Lifesciences Limited | 0.02% | 0.02% |
| Godrej Consumer Products Limited | 0.02% | 0.14% |
| Max Financial Services Limited | 0.02% | 0.09% |
| Rail Vikas Nigam Limited | 0.02% | 0.04% |
| Polycab India Limited | 0.02% | 0.09% |
| L&T Finance Limited | 0.02% | 0.14% |
| Angel One Limited | 0.02% | 0.04% |
| Prestige Estates Projects Limited | 0.02% | 0.02% |
| Max Healthcare Institute Limited | 0.02% | 0.01% |
| Hero MotoCorp Limited | 0.01% | 0.06% |
| Avenue Supermarts Limited | 0.01% | 0.30% |
| Amber Enterprises India Limited | 0.01% | 0.07% |
| Lodha Developers Limited | 0.01% | 0.17% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 53.8% means 53.8% 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% |
| Yes Bank Limited | 1.38% |
| HDFC Bank Limited 2027 | 1.28% |
| Bank of Baroda 2027 | 0.96% |
Largest holdings only in SBI Arbitrage Fund
| Security | % of fund |
|---|---|
| SBI Liquid Fund - DIRECT PLAN -Growth Option | 7.25% |
| SBI Money Market Fund - Direct Plan - Growth Option | 7.06% |
| HDFC Bank Ltd. | 2.54% |
| Bank of Baroda | 1.06% |
| Union Bank of India | 1.06% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Invesco India Arbitrage | SBI Arbitrage |
|---|---|---|
| Equity | 79.6% | 77.2% |
| Debt | 5.8% | 6.5% |
| Cash and others | 14.6% | 16.4% |
Market cap of stocks
| Market cap | Invesco India Arbitrage | SBI Arbitrage |
|---|---|---|
| Large Cap | 53.9% | 61.8% |
| Mid Cap | 20.6% | 13.2% |
| Small Cap | 5.0% | 2.1% |
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 | SBI Arbitrage |
|---|---|---|
| Banks | 23.3% | 20.0% |
| Petroleum Products | 4.4% | 6.3% |
| Finance | 6.1% | 5.7% |
| Telecom - Services | 5.1% | 4.1% |
| Power | 3.1% | 4.3% |
| Ferrous Metals | 2.3% | 3.8% |
| IT - Software | 3.6% | 2.3% |
| Pharmaceuticals & Biotechnology | 3.2% | 3.4% |
The six largest sectors of each fund's stocks, % of the fund.
Invesco India Arbitrage vs SBI Arbitrage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Invesco India Arbitrage Fund | SBI Arbitrage Fund |
|---|---|---|
| Total expense ratio (Direct) | 2.20% | 1.47% |
| Base expense ratio (Direct) | 0.34% | 0.34% |
| Total expense ratio (Regular) | 2.87% | 1.99% |
| 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 SBI Arbitrage Fund: Frequently Asked Questions
What is the difference between Invesco India Arbitrage Fund and SBI Arbitrage Fund?
Both are Arbitrage funds, run by Invesco Mutual Fund and SBI Mutual Fund. Their portfolios overlap 53.8%. Invesco India Arbitrage Fund charges 2.20% a year and SBI Arbitrage Fund 1.47%.
Which has given higher returns, Invesco India Arbitrage Fund or SBI Arbitrage Fund?
Over 1 year: Invesco India Arbitrage Fund +6.88%, SBI Arbitrage Fund +6.59%. Over 3 years: Invesco India Arbitrage Fund +7.46% a year, SBI Arbitrage Fund +7.24% a year. Over 5 years: Invesco India Arbitrage Fund +7.14% a year, SBI Arbitrage Fund +6.83% 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 SBI Arbitrage Fund?
SBI Arbitrage Fund charges less: 1.47% a year against 2.20%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Invesco India Arbitrage Fund and SBI Arbitrage Fund overlap?
53.8%. They hold 170 of the same securities, the largest shared ones being HDFCBANK, RELIANCE, ICICIBANK. From each fund's latest monthly portfolio.
Which is riskier, Invesco India Arbitrage Fund or SBI Arbitrage Fund?
On SEBI's riskometer, Invesco India Arbitrage Fund is rated Low and SBI Arbitrage Fund Low. Over 3 years, the standard deviation of daily returns was 1.09% and 1.12% a year.
Which is better for SIP, Invesco India Arbitrage Fund or SBI 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 ₹7,31,848 in SBI 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 SBI Arbitrage Fund?
Yes. 53.8% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Invesco India Arbitrage Fund and SBI Arbitrage Fund?
Invesco India Arbitrage Fund: Deepak Gupta, Pradeep Sukte. SBI Arbitrage Fund: Neeraj Kumar - Equity, Ardhendu Bhattacharya.
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.