JioBlackRock Sector Rotation Fund vs Motilal Oswal Arbitrage Fund
Direct Plan, Growth option · Data as on 30-10-2026
JioBlackRock Sector Rotation Fund is a Thematic fund and Motilal Oswal Arbitrage Fund is an Arbitrage fund. JioBlackRock Sector Rotation Fund charges 0.80% a year and Motilal Oswal Arbitrage Fund 0.99% (Direct plans). Their portfolios overlap 42.5%: they hold 107 of the same securities.
JioBlackRock Sector Rotation Fund
Thematic
- Expense ratio
- 0.80%
- NAV
- ₹9.43
Which is better, JioBlackRock Sector Rotation or Motilal Oswal Arbitrage? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- JioBlackRock Sector Rotation costs less: 0.80% a year against 0.99% (Direct plans).
- Motilal Oswal Arbitrage fell less in its worst fall since 19-02-2026: −0.4% against −12.5%.
- JioBlackRock Sector Rotation holds more in large companies: 68.3% of the fund in large caps against 53.6%.
- Motilal Oswal Arbitrage is the larger fund: ₹3,434 Cr against ₹161 Cr.
- Their portfolios overlap 42.5%: 107 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 | JioBlackRock Sector Rotation Fund | Motilal Oswal Arbitrage Fund |
|---|---|---|
| Fund house | Jio BlackRock Mutual Fund | Motilal Oswal Mutual Fund |
| Category | Thematic | Arbitrage |
| AUM | ₹161 Cr (30-09-2026) | ₹3,434 Cr (30-09-2026) |
| NAV | ₹9.43 (Direct) | ₹11.37 (Direct) |
| Expense ratio (Direct) | 0.80% | 0.99% |
| Expense ratio (Regular) | 1.92% | 1.98% |
| Riskometer | Very High | Low |
| Benchmark | Nifty 500 TRI | Nifty 50 Arbitrage TRI |
| Launch date | 13-02-2026 | 23-12-2024 |
| Minimum investment | ₹500 | ₹500 |
| Lock in | None | None |
| Fund managers | Sahil Chaudhary, Tanvi Kacheria | Vishal Ashar, Atul Mehra, Rakesh Shetty |
| Exit load | Nil | 0.25% - If redeemed within 30 days from the day of allotment. Nil - If redeemed after 30 days from the date of allotment. |
JioBlackRock Sector Rotation vs Motilal Oswal 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 |
|---|---|---|---|---|---|---|---|
| JioBlackRock Sector Rotation Fund (Direct) | −0.77% | −5.74% | −2.70% | -- | -- | -- | -- |
| Motilal Oswal Arbitrage Fund (Direct) | +0.48% | +1.54% | +3.30% | +6.98% | -- | -- | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | -- | -- | -- | -- |
| Arbitrage average | +0.56% | +1.52% | +3.20% | +6.62% | -- | -- | -- |
Category average: the average of the 235 Thematic funds and the 39 Arbitrage funds, same plan type.
JioBlackRock Sector Rotation vs Motilal Oswal Arbitrage: Year-wise Returns
| Year | JioBlackRock Sector RotationJioBlackRock Sector Rotation | Motilal Oswal ArbitrageMotilal Oswal Arbitrage |
|---|---|---|
| 2026to date | -- | +5.62% |
| 2025 | -- | +7.46% |
JioBlackRock Sector Rotation vs Motilal Oswal Arbitrage: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of JioBlackRock Sector Rotation Fund
JioBlackRock Sector Rotation vs Motilal Oswal Arbitrage: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | JioBlackRock Sector Rotation Fund (Direct) | Motilal Oswal Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | −7.88% | +7.14% |
| Standard deviation | 15.17% | 1.16% |
| Sharpe ratio | -0.87 | 1.37 |
| Sortino ratio | -1.15 | 2.08 |
| Maximum drawdown | −12.5% (30-03-2026) | −0.4% (06-08-2026) |
| Beta | 0.97 | -- |
| Alpha | −0.68% | -- |
From daily NAVs, 19-02-2026 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.
JioBlackRock Sector Rotation Fund (Direct)
Motilal Oswal Arbitrage Fund (Direct)
Nifty 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| JioBlackRock Sector Rotation Fund (Direct) | −12.5% | 23-02-2026 | 30-03-2026 | 06-07-2026 | 3 months | −7.5% |
| Motilal Oswal Arbitrage Fund (Direct) | −0.4% | 03-08-2026 | 06-08-2026 | 21-08-2026 | 15 days | −0.0% |
| Nifty 500 TRI | −12.6% | 23-02-2026 | 30-03-2026 | 06-07-2026 | 3 months | −7.9% |
From daily values since 19-02-2026, the first day every fund has.
JioBlackRock Sector Rotation vs Motilal Oswal Arbitrage: Portfolio Overlap
From each fund's latest monthly portfolio: JioBlackRock Sector Rotation Fund, September 2026; Motilal Oswal Arbitrage Fund, September 2026
Holdings in common
- Overlap
- 42.5%
- Held by both
- 107
- Only in JioBlackRock Sector Rotation
- 189
- Only in Motilal Oswal Arbitrage
- 31
| Security | % of JioBlackRock Sector Rotation | % of Motilal Oswal Arbitrage |
|---|---|---|
| HDFC Bank Ltd | 6.36% | 5.41% |
| Reliance Industries Ltd | 4.37% | 4.58% |
| Bharti Airtel Ltd | 3.20% | 3.63% |
| ICICI Bank Ltd | 5.57% | 2.28% |
| Axis Bank Ltd | 2.08% | 2.53% |
| Kotak Mahindra Bank Ltd | 1.81% | 2.39% |
| Bajaj Finance Ltd | 1.34% | 1.72% |
| Larsen & Toubro Ltd | 2.31% | 1.19% |
| Interglobe Aviation Ltd | 1.17% | 1.74% |
| Mahindra & Mahindra Ltd | 1.15% | 1.53% |
| State Bank of India | 2.36% | 1.11% |
| Sun Pharmaceutical Industries Ltd | 1.62% | 0.74% |
| Shriram Finance Ltd | 0.71% | 0.69% |
| Maruti Suzuki India Ltd | 0.68% | 1.73% |
| Bharat Electronics Ltd | 0.74% | 0.53% |
| ITC Ltd | 2.01% | 0.50% |
| Adani Enterprises Ltd | 0.44% | 1.11% |
| Eternal Ltd | 0.89% | 0.43% |
| Bajaj Finserv Ltd | 0.52% | 0.43% |
| TVS Motor Co Ltd | 0.42% | 3.37% |
| Jio Financial Services Ltd | 0.37% | 0.68% |
| One 97 Communications Ltd | 0.37% | 1.10% |
| Cholamandalam Investment and Finance Co Ltd | 0.36% | 3.49% |
| Tata Steel Ltd | 0.86% | 0.35% |
| IndusInd Bank Ltd | 0.35% | 0.75% |
| AU Small Finance Bank Ltd | 0.34% | 3.07% |
| Cipla Ltd | 0.64% | 0.32% |
| Bharat Heavy Electricals Ltd | 0.32% | 0.52% |
| Samvardhana Motherson International Ltd | 0.32% | 0.88% |
| JSW Steel Ltd | 0.67% | 0.31% |
| CG Power and Industrial Solutions Ltd | 0.31% | 2.37% |
| Infosys Ltd | 1.12% | 0.30% |
| Grasim Industries Ltd | 0.67% | 0.29% |
| Indus Towers Ltd | 0.29% | 0.34% |
| Cummins India Ltd | 0.33% | 0.26% |
| Suzlon Energy Ltd | 0.25% | 0.37% |
| Divi's Laboratories Ltd | 1.01% | 0.25% |
| Bank of Baroda | 0.26% | 0.25% |
| Multi Commodity Exchange Of India Ltd | 0.42% | 0.24% |
| Ashok Leyland Ltd | 0.23% | 0.97% |
| Jindal Steel Ltd | 0.24% | 0.23% |
| Yes Bank Ltd | 0.22% | 0.34% |
| Vodafone Idea Ltd | 0.21% | 1.34% |
| Eicher Motors Ltd | 0.43% | 0.21% |
| Asian Paints Ltd | 0.63% | 0.18% |
| Marico Ltd | 0.33% | 0.17% |
| Aditya Birla Capital Ltd | 0.16% | 2.15% |
| Ultratech Cement Ltd | 0.75% | 0.16% |
| Vedanta Ltd | 0.25% | 0.16% |
| Canara Bank | 0.24% | 0.16% |
| Adani Green Energy Ltd | 0.15% | 0.29% |
| Apollo Hospitals Enterprise Ltd | 0.73% | 0.15% |
| NMDC Ltd | 0.15% | 0.26% |
| RBL Bank Ltd | 0.15% | 0.77% |
| Steel Authority of India Ltd | 0.15% | 1.23% |
| Muthoot Finance Ltd | 0.14% | 0.27% |
| Hindustan Aeronautics Ltd | 0.48% | 0.14% |
| IDFC First Bank Ltd | 0.32% | 0.14% |
| Swiggy Ltd | 0.14% | 0.26% |
| HDFC Life Insurance Co Ltd | 0.13% | 0.57% |
| Tata Consultancy Services Ltd | 0.68% | 0.13% |
| Bajaj Auto Ltd | 0.52% | 0.13% |
| Godrej Properties Ltd | 0.12% | 0.17% |
| Supreme Industries Ltd | 0.12% | 0.33% |
| Central Depository Services (India) Ltd | 0.12% | 0.40% |
| Federal Bank Ltd | 0.46% | 0.11% |
| PNB Housing Finance Ltd | 0.11% | 0.63% |
| Adani Ports and Special Economic Zone Ltd | 1.39% | 0.10% |
| Aurobindo Pharma Ltd | 0.39% | 0.10% |
| HDFC Asset Management Co Ltd | 0.24% | 0.10% |
| Biocon Ltd | 0.23% | 0.10% |
| Ambuja Cements Ltd | 0.14% | 0.10% |
| Patanjali Foods Ltd | 0.10% | 0.28% |
| PG Electroplast Ltd | 0.09% | 0.54% |
| Bandhan Bank Ltd | 0.09% | 0.12% |
| Angel One Ltd | 0.09% | 0.36% |
| Pidilite Industries Ltd | 0.26% | 0.09% |
| SBI Cards and Payment Services Ltd | 0.09% | 0.27% |
| LIC Housing Finance Ltd | 0.08% | 0.15% |
| Hindalco Industries Ltd | 0.77% | 0.08% |
| Lupin Ltd | 0.42% | 0.08% |
| Indian Hotels Co Ltd | 0.25% | 0.08% |
| Coforge Ltd | 0.20% | 0.08% |
| Varun Beverages Ltd | 0.47% | 0.07% |
| Info Edge (India) Ltd | 0.35% | 0.07% |
| Hero MotoCorp Ltd | 0.30% | 0.07% |
| Zydus Lifesciences Ltd | 0.25% | 0.06% |
| APL Apollo Tubes Ltd | 0.23% | 0.06% |
| SBI Life Insurance Co Ltd | 0.18% | 0.06% |
| Premier Energies Ltd | 0.06% | 0.06% |
| Tata Motors Passenger Vehicles Ltd | 0.26% | 0.05% |
| GAIL (India) Ltd | 0.16% | 0.05% |
| Max Financial Services Ltd | 0.09% | 0.05% |
| DLF Ltd | 0.23% | 0.04% |
| Polycab India Ltd | 0.22% | 0.04% |
| Adani Energy Solutions Ltd | 0.15% | 0.04% |
| Tata Consumer Products Ltd | 0.49% | 0.03% |
| Oil & Natural Gas Corporation Ltd | 0.47% | 0.03% |
| Bharat Petroleum Corporation Ltd | 0.33% | 0.03% |
| Bharat Forge Ltd | 0.23% | 0.03% |
| Alkem Laboratories Ltd | 0.26% | 0.02% |
| Hindustan Petroleum Corporation Ltd | 0.18% | 0.02% |
| Tube Investments of India Ltd | 0.11% | 0.02% |
| NTPC Ltd | 0.54% | 0.01% |
| United Spirits Ltd | 0.32% | 0.01% |
| Glenmark Pharmaceuticals Ltd | 0.29% | 0.01% |
| Radico Khaitan Ltd | 0.27% | 0.01% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 42.5% means 42.5% 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 JioBlackRock Sector Rotation Fund
| Security | % of fund |
|---|---|
| Nestle India Ltd | 0.75% |
| Laurus Labs Ltd | 0.65% |
| Trent Ltd | 0.65% |
| BSE Ltd | 0.63% |
| Dr. Reddy's Laboratories Ltd | 0.63% |
Largest holdings only in Motilal Oswal Arbitrage Fund
| Security | % of fund |
|---|---|
| Motilal Oswal Liquid Fund - Direct Growth | 7.13% |
| Motilal Oswal Ultra Short Term Fund (MOFUSTF) -Direct Plan- Growth | 2.07% |
| Inox Wind Limited | 0.87% |
| 5.74% Government of India 2026 | 0.73% |
| 364 Days Tbill (MD 23/10/2026) | 0.73% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | JioBlackRock Sector Rotation | Motilal Oswal Arbitrage |
|---|---|---|
| Equity | 97.3% | 71.3% |
| Debt | 0.0% | 14.3% |
| Cash and others | 2.7% | 14.4% |
Market cap of stocks
| Market cap | JioBlackRock Sector Rotation | Motilal Oswal Arbitrage |
|---|---|---|
| Large Cap | 68.3% | 53.6% |
| Mid Cap | 21.5% | 13.5% |
| Small Cap | 7.6% | 4.2% |
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 | JioBlackRock Sector Rotation | Motilal Oswal Arbitrage |
|---|---|---|
| Banks | 21.7% | 19.4% |
| Finance | 5.9% | 10.5% |
| Pharmaceuticals & Biotechnology | 9.3% | 1.7% |
| Automobiles | 4.0% | 7.1% |
| Telecom - Services | 4.0% | 5.3% |
| Petroleum Products | 5.2% | 4.6% |
| Electrical Equipment | 2.3% | 4.2% |
The six largest sectors of each fund's stocks, % of the fund.
JioBlackRock Sector Rotation vs Motilal Oswal Arbitrage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | JioBlackRock Sector Rotation Fund | Motilal Oswal Arbitrage Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.80% | 0.99% |
| Base expense ratio (Direct) | 0.50% | 0.10% |
| Total expense ratio (Regular) | 1.92% | 1.98% |
| Base expense ratio (Regular) | 1.61% | 1.00% |
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 JioBlackRock Sector Rotation with
JioBlackRock Sector Rotation Fund vs Motilal Oswal Arbitrage Fund: Frequently Asked Questions
What is the difference between JioBlackRock Sector Rotation Fund and Motilal Oswal Arbitrage Fund?
JioBlackRock Sector Rotation Fund is a Thematic fund, Motilal Oswal Arbitrage Fund is an Arbitrage fund, run by Jio BlackRock Mutual Fund and Motilal Oswal Mutual Fund. Their portfolios overlap 42.5%. JioBlackRock Sector Rotation Fund charges 0.80% a year and Motilal Oswal Arbitrage Fund 0.99%.
Which has the lower expense ratio, JioBlackRock Sector Rotation Fund or Motilal Oswal Arbitrage Fund?
JioBlackRock Sector Rotation Fund charges less: 0.80% a year against 0.99%. These are the Direct plans' total expense ratios reported to AMFI.
How much do JioBlackRock Sector Rotation Fund and Motilal Oswal Arbitrage Fund overlap?
42.5%. They hold 107 of the same securities, the largest shared ones being HDFCBANK, RELIANCE, BHARTIARTL. From each fund's latest monthly portfolio.
Which is riskier, JioBlackRock Sector Rotation Fund or Motilal Oswal Arbitrage Fund?
On SEBI's riskometer, JioBlackRock Sector Rotation Fund is rated Very High and Motilal Oswal Arbitrage Fund Low. Over their common history, the standard deviation of daily returns was 15.17% and 1.16% a year.
Can I invest in both JioBlackRock Sector Rotation Fund and Motilal Oswal Arbitrage Fund?
Yes. 42.5% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages JioBlackRock Sector Rotation Fund and Motilal Oswal Arbitrage Fund?
JioBlackRock Sector Rotation Fund: Sahil Chaudhary, Tanvi Kacheria. Motilal Oswal Arbitrage Fund: Vishal Ashar, Atul Mehra, Rakesh Shetty.
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.