ITI Arbitrage Fund vs Samco Arbitrage Fund
Direct Plan, Growth option · Data as on 30-10-2026
ITI Arbitrage Fund and Samco Arbitrage Fund are both Arbitrage funds. In the year to 30-10-2026, ITI Arbitrage Fund (Direct) returned 6.4% and Samco Arbitrage Fund (Direct) returned 5.2%. ITI Arbitrage Fund charges 1.10% a year and Samco Arbitrage Fund 1.09% (Direct plans). Their portfolios overlap 20.4%: they hold 6 of the same securities.
Which is better, ITI Arbitrage or Samco Arbitrage? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- ITI Arbitrage returned more over 1 year: 6.4% against 5.2%.
- Samco Arbitrage costs less: 1.09% a year against 1.10% (Direct plans).
- ITI Arbitrage fell less in its worst fall since 29-11-2024: −0.6% against −0.6%.
- Samco Arbitrage holds more in large companies: 69.8% of the fund in large caps against 35.4%.
- ITI Arbitrage is the larger fund: ₹65 Cr against ₹26 Cr.
- Their portfolios overlap 20.4%: 6 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 | ITI Arbitrage Fund | Samco Arbitrage Fund |
|---|---|---|
| Fund house | ITI Mutual Fund | Samco Mutual Fund |
| Category | Arbitrage | Arbitrage |
| AUM | ₹65 Cr (30-09-2026) | ₹26 Cr (30-09-2026) |
| NAV | ₹14.70 (Direct) | ₹11.04 (Direct) |
| Expense ratio (Direct) | 1.10% | 1.09% |
| Expense ratio (Regular) | 1.80% | 2.54% |
| Riskometer | Low | Low |
| Benchmark | Nifty 50 Arbitrage Index | Nifty 50 Arbitrage TRI |
| Launch date | 09-09-2019 | 27-11-2024 |
| Minimum investment | ₹5,000 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Vikas Nathani, Animesh Singh, Laukik Bagwe | Umeshkumar Mehta, Nirali Bhansali, Dhawal Dhanani, Vishal Shinde, Manish Naiya |
| Exit load | Exit Load for units in excess of 10% of the investment,0.25% will be charged for redemption within 15 days. | •0.25% If the investment is redeemed or switched out on or before 7 days from the date of allotment of units. • .No Exit Load will be charged if investment is redeemed or switched out after 7 days from the date of allotment of units. |
ITI Arbitrage vs Samco 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 |
|---|---|---|---|---|---|---|---|
| ITI Arbitrage Fund (Direct) | +0.57% | +1.46% | +2.92% | +6.38% | +7.25% | +6.26% | -- |
| Samco Arbitrage Fund (Direct) | +0.55% | +1.28% | +2.60% | +5.24% | -- | -- | -- |
| Arbitrage average | +0.56% | +1.52% | +3.20% | +6.62% | -- | -- | -- |
Category average: the average of the 39 Arbitrage funds, same plan type.
ITI Arbitrage vs Samco Arbitrage: Year-wise Returns
| Year | ITIITI Arbitrage | SamcoSamco Arbitrage |
|---|---|---|
| 2026to date | +5.21% | +4.35% |
| 2025 | +7.32% | +5.27% |
| 2024 | +8.03% | -- |
| 2023 | +7.15% | -- |
| 2022 | +3.23% | -- |
| 2021 | +3.15% | -- |
ITI Arbitrage vs Samco Arbitrage: Rolling Returns
Every holding period of both funds
Rolling returns
Every 1-year holding period, 225 of them, one for each trading day from 01-12-2025 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.
ITI Arbitrage Fund (Direct)
Samco Arbitrage Fund (Direct)
to
Dec 2025Feb 2025
to
Feb 2026Apr 2025
to
Apr 2026Jun 2025
to
Jun 2026Aug 2025
to
Aug 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ITI Arbitrage | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 6.8% | 6.7% | 6.2% | 7.4% |
| Samco Arbitrage | 0.0 | 14.2 | 85.8 | 0.0 | 0.0 | 0.0 | 0.0 | 5.2% | 5.2% | 4.8% | 5.6% |
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 29-11-2024. Past returns do not promise future returns.
ITI Arbitrage vs Samco 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 04-11-2024 to 30-10-2026: 24 instalments, ₹2,40,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| ITI ArbitrageITI Arbitrage Fund (Direct) | ₹2,40,000 | ₹2,56,383 | ₹16,383 | 6.5% |
| Samco ArbitrageSamco Arbitrage Fund (Direct) | ₹2,40,000 | ₹2,52,933 | ₹12,933 | 5.2% |
ITI ArbitrageITI Arbitrage Fund (Direct)
Samco ArbitrageSamco 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.
ITI Arbitrage vs Samco Arbitrage: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | ITI Arbitrage Fund (Direct) | Samco Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.38% | +5.24% |
| Standard deviation | 1.57% | 1.83% |
| Sharpe ratio | 0.73 | -0.00 |
| Sortino ratio | 1.06 | -0.00 |
| Maximum drawdown | −0.6% (29-09-2026) | −0.6% (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 | ITI Arbitrage Fund (Direct) | Samco Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +5.53% | +5.30% |
| Standard deviation | 1.12% | 1.56% |
| Sharpe ratio | 0.36 | -0.20 |
| Sortino ratio | 0.51 | -0.29 |
| Maximum drawdown | −0.6% (07-04-2020) | −0.6% (06-08-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 12-09-2019 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.
ITI Arbitrage Fund (Direct)
Samco Arbitrage Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| ITI Arbitrage Fund (Direct) | −0.6% | 18-09-2026 | 29-09-2026 | 12-10-2026 | 13 days | 0.0% |
| Samco Arbitrage Fund (Direct) | −0.6% | 03-08-2026 | 06-08-2026 | 01-09-2026 | 26 days | −0.1% |
From daily values since 29-11-2024, 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.
ITI Arbitrage Fund (Direct)
Samco Arbitrage Fund (Direct)
ITI Arbitrage vs Samco Arbitrage: Portfolio Overlap
From each fund's latest monthly portfolio: ITI Arbitrage Fund, September 2026; Samco Arbitrage Fund, September 2026
Holdings in common
- Overlap
- 20.4%
- Held by both
- 6
- Only in ITI Arbitrage
- 24
- Only in Samco Arbitrage
- 11
| Security | % of ITI Arbitrage | % of Samco Arbitrage |
|---|---|---|
| One 97 Communications Limited | 8.83% | 7.02% |
| HDFC Bank Limited | 5.69% | 7.80% |
| Bharti Airtel Limited | 3.22% | 9.32% |
| Shriram Finance Limited | 2.25% | 4.06% |
| HDFC Life Insurance Company Limited | 1.51% | 1.77% |
| ITC Limited | 0.70% | 3.49% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 20.4% means 20.4% 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 ITI Arbitrage Fund
| Security | % of fund |
|---|---|
| ITI Liquid Fund - Direct Plan - Growth Option | 14.82% |
| Cummins India Limited | 4.56% |
| Power Finance Corporation Limited | 4.44% |
| Adani Ports and Special Economic Zone Limited | 3.56% |
| Varun Beverages Limited | 3.06% |
Largest holdings only in Samco Arbitrage Fund
| Security | % of fund |
|---|---|
| Reliance Industries Limited | 7.08% |
| InterGlobe Aviation Limited | 4.89% |
| Titan Company Limited | 4.33% |
| Vodafone Idea Limited | 4.28% |
| Kotak Mahindra Bank Limited | 3.85% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | ITI Arbitrage | Samco Arbitrage |
|---|---|---|
| Equity | 65.4% | 76.9% |
| Debt | 0.0% | 0.0% |
| Cash and others | 34.6% | 23.1% |
Market cap of stocks
| Market cap | ITI Arbitrage | Samco Arbitrage |
|---|---|---|
| Large Cap | 35.4% | 69.8% |
| Mid Cap | 27.1% | 7.0% |
| Small Cap | 2.9% | 0.0% |
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 | ITI Arbitrage | Samco Arbitrage |
|---|---|---|
| Banks | 15.3% | 18.3% |
| Telecom - Services | 3.2% | 13.6% |
| Financial Technology (Fintech) | 8.8% | 7.0% |
| Finance | 8.3% | 7.1% |
| Automobiles | 0.0% | 7.2% |
| Petroleum Products | 1.6% | 7.1% |
| Industrial Products | 4.6% | 0.0% |
| Insurance | 4.5% | 1.8% |
| Transport Infrastructure | 3.6% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
ITI Arbitrage vs Samco Arbitrage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ITI Arbitrage Fund | Samco Arbitrage Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.10% | 1.09% |
| Base expense ratio (Direct) | 0.21% | 0.32% |
| Total expense ratio (Regular) | 1.80% | 2.54% |
| Base expense ratio (Regular) | 0.81% | 1.55% |
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 ITI Arbitrage with
ITI Arbitrage Fund vs Samco Arbitrage Fund: Frequently Asked Questions
What is the difference between ITI Arbitrage Fund and Samco Arbitrage Fund?
Both are Arbitrage funds, run by ITI Mutual Fund and Samco Mutual Fund. Their portfolios overlap 20.4%. ITI Arbitrage Fund charges 1.10% a year and Samco Arbitrage Fund 1.09%.
Which has given higher returns, ITI Arbitrage Fund or Samco Arbitrage Fund?
Over 1 year: ITI Arbitrage Fund +6.38%, Samco Arbitrage Fund +5.24%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, ITI Arbitrage Fund or Samco Arbitrage Fund?
Samco Arbitrage Fund charges less: 1.09% a year against 1.10%. These are the Direct plans' total expense ratios reported to AMFI.
How much do ITI Arbitrage Fund and Samco Arbitrage Fund overlap?
20.4%. They hold 6 of the same securities, the largest shared ones being PAYTM, HDFCBANK, BHARTIARTL. From each fund's latest monthly portfolio.
Which is riskier, ITI Arbitrage Fund or Samco Arbitrage Fund?
On SEBI's riskometer, ITI Arbitrage Fund is rated Low and Samco Arbitrage Fund Low. Over 1 years, the standard deviation of daily returns was 1.57% and 1.83% a year.
Can I invest in both ITI Arbitrage Fund and Samco Arbitrage Fund?
Yes. 20.4% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages ITI Arbitrage Fund and Samco Arbitrage Fund?
ITI Arbitrage Fund: Vikas Nathani, Animesh Singh, Laukik Bagwe. Samco Arbitrage Fund: Umeshkumar Mehta, Nirali Bhansali, Dhawal Dhanani, Vishal Shinde, Manish Naiya.
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.