Kotak Arbitrage Fund vs The Wealth Company Arbitrage Fund
Direct Plan, Growth option · Data as on 30-10-2026
Kotak Arbitrage Fund and The Wealth Company Arbitrage Fund are both Arbitrage funds. In the year to 30-10-2026, Kotak Arbitrage Fund (Direct) returned 6.8% and The Wealth Company Arbitrage Fund (Direct) returned 6.4%. Kotak Arbitrage Fund charges 2.31% a year and The Wealth Company Arbitrage Fund 1.50% (Direct plans). Their portfolios overlap 23.3%: they hold 42 of the same securities.
The Wealth Company Arbitrage Fund
Arbitrage
- 1 year return
- 6.4%
- Expense ratio
- 1.50%
- NAV
- ₹10.68
Which is better, Kotak Arbitrage or The Wealth Company Arbitrage? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Kotak Arbitrage returned more over 1 year: 6.8% against 6.4%.
- The Wealth Company Arbitrage costs less: 1.50% a year against 2.31% (Direct plans).
- Kotak Arbitrage fell less in its worst fall since 17-10-2025: −0.5% against −0.6%.
- Kotak Arbitrage is the larger fund: ₹75,275 Cr against ₹138 Cr.
- Their portfolios overlap 23.3%: 42 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 | Kotak Arbitrage Fund | The Wealth Company Arbitrage Fund |
|---|---|---|
| Fund house | Kotak Mahindra Mutual Fund | The Wealth Company Mutual Fund |
| Category | Arbitrage | Arbitrage |
| AUM | ₹75,275 Cr (30-09-2026) | ₹138 Cr (30-09-2026) |
| NAV | ₹43.60 (Direct) | ₹10.68 (Direct) |
| Expense ratio (Direct) | 2.31% | 1.50% |
| Expense ratio (Regular) | 2.89% | 2.18% |
| Riskometer | Low | Low to Moderate |
| Benchmark | Nifty 50 Arbitrage Index | Nifty 50 Arbitrage TRI |
| Launch date | 29-09-2005 | 14-10-2025 |
| Minimum investment | ₹100 | ₹1,000 |
| Lock in | None | None |
| Fund managers | Hiten Shah | Aparna Shanker, Rouhak Shah, Neeraj Jain |
| Exit load | Exit load of 0.25% if redeemed within 30 days | 0.25% - If redeemed/switched out within 7 days from the date of allotment, Nil - if redeemed/switched out after 7 days from the date of allotment. |
Kotak Arbitrage vs The Wealth Company 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 |
|---|---|---|---|---|---|---|---|
| Kotak Arbitrage Fund (Direct) | +0.55% | +1.55% | +3.29% | +6.75% | +7.43% | +6.98% | +6.46% |
| The Wealth Company Arbitrage Fund (Direct) | +0.58% | +1.49% | +3.13% | +6.43% | -- | -- | -- |
| Arbitrage average | +0.56% | +1.52% | +3.20% | +6.62% | -- | -- | -- |
Category average: the average of the 39 Arbitrage funds, same plan type.
Kotak Arbitrage vs The Wealth Company Arbitrage: Year-wise Returns
| Year | KotakKotak Arbitrage | The Wealth CompanyThe Wealth Company Arbitrage |
|---|---|---|
| 2026to date | +5.53% | +5.30% |
| 2025 | +7.06% | -- |
| 2024 | +8.47% | -- |
| 2023 | +8.01% | -- |
| 2022 | +5.14% | -- |
| 2021 | +4.56% | -- |
Kotak Arbitrage vs The Wealth Company Arbitrage: Rolling Returns
Every holding period of both funds
Kotak Arbitrage vs The Wealth Company 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 01-10-2025 to 30-10-2026: 13 instalments, ₹1,30,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Kotak ArbitrageKotak Arbitrage Fund (Direct) | ₹1,30,000 | ₹1,34,916 | ₹4,916 | 6.6% |
| The Wealth Company ArbitrageThe Wealth Company Arbitrage Fund (Direct) | ₹1,30,000 | ₹1,34,674 | ₹4,674 | 6.3% |
Kotak ArbitrageKotak Arbitrage Fund (Direct)
The Wealth Company ArbitrageThe Wealth Company 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.
Kotak Arbitrage vs The Wealth Company Arbitrage: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Kotak Arbitrage Fund (Direct) | The Wealth Company Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.75% | +6.43% |
| Standard deviation | 1.38% | 1.55% |
| Sharpe ratio | 1.09 | 0.77 |
| Sortino ratio | 1.65 | 1.19 |
| Maximum drawdown | −0.5% (06-08-2026) | −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 | Kotak Arbitrage Fund (Direct) | The Wealth Company Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.07% | +6.41% |
| Standard deviation | 1.02% | 1.52% |
| Sharpe ratio | 1.00 | 0.75 |
| Sortino ratio | 1.52 | 1.17 |
| Maximum drawdown | −0.6% (03-06-2020) | −0.6% (06-08-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 07-01-2013 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.
Kotak Arbitrage Fund (Direct)
The Wealth Company Arbitrage Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Kotak Arbitrage Fund (Direct) | −0.5% | 03-08-2026 | 06-08-2026 | 24-08-2026 | 18 days | −0.0% |
| The Wealth Company Arbitrage Fund (Direct) | −0.6% | 03-08-2026 | 06-08-2026 | 31-08-2026 | 25 days | 0.0% |
From daily values since 17-10-2025, 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.
Kotak Arbitrage Fund (Direct)
The Wealth Company Arbitrage Fund (Direct)
Kotak Arbitrage vs The Wealth Company Arbitrage: Portfolio Overlap
From each fund's latest monthly portfolio: Kotak Arbitrage Fund, September 2026; The Wealth Company Arbitrage Fund, September 2026
Holdings in common
- Overlap
- 23.3%
- Held by both
- 42
- Only in Kotak Arbitrage
- 152
- Only in The Wealth Company Arbitrage
- 2
| Security | % of Kotak Arbitrage | % of The Wealth Company Arbitrage |
|---|---|---|
| ICICI BANK LTD. | 4.17% | 7.72% |
| AXIS BANK LTD. | 2.94% | 6.62% |
| HDFC BANK LTD. | 2.03% | 4.98% |
| Tata Steel Ltd. | 1.53% | 3.46% |
| Vodafone Idea Ltd | 1.30% | 4.30% |
| ADANI ENERGY SOLUTIONS LTD. | 0.72% | 0.77% |
| Indus Towers Ltd. | 0.65% | 1.75% |
| SAMVARDHANA MOTHERSON INTERNATIONAL LTD | 0.62% | 1.17% |
| BHARTI AIRTEL LTD. | 1.45% | 0.61% |
| Adani Green Energy Ltd. | 0.58% | 2.90% |
| YES BANK LTD. | 0.56% | 1.23% |
| CANARA BANK | 0.55% | 5.03% |
| IDFC FIRST BANK LIMITED | 0.47% | 2.41% |
| BHARAT PETROLEUM CORPORATION LTD. | 0.44% | 0.61% |
| INDIAN HOTELS CO LTD | 0.52% | 0.42% |
| GODREJ PROPERTIES LIMITED | 0.40% | 4.23% |
| RELIANCE INDUSTRIES LTD. | 3.06% | 0.39% |
| BAJAJ FINANCE LTD. | 1.20% | 0.37% |
| BHARAT FORGE LTD. | 0.36% | 2.45% |
| BANK OF BARODA | 0.69% | 0.34% |
| MARICO LTD. | 0.34% | 0.55% |
| HDFC Life Insurance Company Ltd | 0.33% | 0.75% |
| BIOCON LTD. | 0.32% | 2.08% |
| Adani Enterprises Ltd | 0.32% | 1.43% |
| Varun Beverages Limited | 0.46% | 0.32% |
| BANDHAN BANK LIMITED | 0.27% | 0.28% |
| Crompton Greaves Consumer Electricals Limited | 0.23% | 0.29% |
| Fortis Healthcare India Ltd | 0.22% | 0.35% |
| Life Insurance Corporation Of India | 0.20% | 0.96% |
| JIO FINANCIAL SERVICES LTD | 0.34% | 0.18% |
| Bharat Heavy Electricals Ltd. | 0.18% | 4.99% |
| SAGILITY INDIA LTD. | 0.16% | 0.37% |
| SBI CARDS & PAYMENT SERVICES PVT. LTD. | 0.15% | 0.20% |
| KOTAK MAHINDRA BANK LTD. | 0.47% | 0.12% |
| Indian Energy Exchange Ltd. | 0.12% | 0.34% |
| BANK OF MAHARASHTRA | 0.12% | 0.37% |
| GMR AIRPORTS LIMITED | 0.09% | 0.29% |
| Max Financial Services Ltd | 0.07% | 0.40% |
| Cummins India Ltd. | 0.82% | 0.07% |
| NBCC (India) Ltd | 0.06% | 0.37% |
| Dabur India Ltd. | 0.01% | 0.66% |
| GODREJ CONSUMER PRODUCTS LTD. | 0.01% | 0.28% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 23.3% means 23.3% 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 Kotak Arbitrage Fund
| Security | % of fund |
|---|---|
| Kotak Money Market Fund Direct Growth | 9.78% |
| Kotak Savings Fund Direct Growth | 4.98% |
| Kotak Ultra Short to Short Term Fund | 3.86% |
| Kotak Liquid Direct Growth | 3.13% |
| HDFC BANK LTD. | 1.94% |
Largest holdings only in The Wealth Company Arbitrage Fund
| Security | % of fund |
|---|---|
| The Wealth Company Liquid Fund - Direct Growth | 25.09% |
| RBL Bank Limited | 1.39% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Kotak Arbitrage | The Wealth Company Arbitrage |
|---|---|---|
| Equity | 71.1% | 68.8% |
| Debt | 5.8% | 0.0% |
| Cash and others | 23.1% | 31.2% |
Market cap of stocks
| Market cap | Kotak Arbitrage | The Wealth Company Arbitrage |
|---|---|---|
| Large Cap | 52.1% | 50.1% |
| Mid Cap | 16.4% | 15.6% |
| Small Cap | 2.6% | 3.0% |
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 | Kotak Arbitrage | The Wealth Company Arbitrage |
|---|---|---|
| Banks | 14.4% | 30.5% |
| Telecom - Services | 3.4% | 6.7% |
| Finance | 5.7% | 0.8% |
| Electrical Equipment | 1.2% | 5.0% |
| Petroleum Products | 4.6% | 1.0% |
| Pharmaceuticals and Biotechnology | 4.2% | 0.0% |
| Realty | 0.6% | 4.2% |
| Power | 3.9% | 3.7% |
| IT - Software | 3.8% | 0.0% |
| Auto Components | 1.4% | 3.6% |
The six largest sectors of each fund's stocks, % of the fund.
Kotak Arbitrage vs The Wealth Company Arbitrage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Kotak Arbitrage Fund | The Wealth Company Arbitrage Fund |
|---|---|---|
| Total expense ratio (Direct) | 2.31% | 1.50% |
| Base expense ratio (Direct) | 0.33% | 0.20% |
| Total expense ratio (Regular) | 2.89% | 2.18% |
| Base expense ratio (Regular) | 0.83% | 0.80% |
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 Kotak Arbitrage with
Kotak Arbitrage Fund vs The Wealth Company Arbitrage Fund: Frequently Asked Questions
What is the difference between Kotak Arbitrage Fund and The Wealth Company Arbitrage Fund?
Both are Arbitrage funds, run by Kotak Mahindra Mutual Fund and The Wealth Company Mutual Fund. Their portfolios overlap 23.3%. Kotak Arbitrage Fund charges 2.31% a year and The Wealth Company Arbitrage Fund 1.50%.
Which has given higher returns, Kotak Arbitrage Fund or The Wealth Company Arbitrage Fund?
Over 1 year: Kotak Arbitrage Fund +6.75%, The Wealth Company Arbitrage Fund +6.43%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Kotak Arbitrage Fund or The Wealth Company Arbitrage Fund?
The Wealth Company Arbitrage Fund charges less: 1.50% a year against 2.31%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Kotak Arbitrage Fund and The Wealth Company Arbitrage Fund overlap?
23.3%. They hold 42 of the same securities, the largest shared ones being ICICIBANK, AXISBANK, HDFCBANK. From each fund's latest monthly portfolio.
Which is riskier, Kotak Arbitrage Fund or The Wealth Company Arbitrage Fund?
On SEBI's riskometer, Kotak Arbitrage Fund is rated Low and The Wealth Company Arbitrage Fund Low to Moderate. Over 1 years, the standard deviation of daily returns was 1.38% and 1.55% a year.
Can I invest in both Kotak Arbitrage Fund and The Wealth Company Arbitrage Fund?
Yes. 23.3% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Kotak Arbitrage Fund and The Wealth Company Arbitrage Fund?
Kotak Arbitrage Fund: Hiten Shah. The Wealth Company Arbitrage Fund: Aparna Shanker, Rouhak Shah, Neeraj Jain.
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.