Parag Parikh Arbitrage Fund vs The Wealth Company Arbitrage Fund
Direct Plan, Growth option · Data as on 30-10-2026
Parag Parikh Arbitrage Fund and The Wealth Company Arbitrage Fund are both Arbitrage funds. In the year to 30-10-2026, Parag Parikh Arbitrage Fund (Direct) returned 6.5% and The Wealth Company Arbitrage Fund (Direct) returned 6.4%. Parag Parikh Arbitrage Fund charges 0.99% a year and The Wealth Company Arbitrage Fund 1.50% (Direct plans). Their portfolios overlap 33.9%: they hold 27 of the same securities.
Parag Parikh Arbitrage Fund
Arbitrage
- 1 year return
- 6.5%
- Expense ratio
- 0.99%
- NAV
- ₹12.24
The Wealth Company Arbitrage Fund
Arbitrage
- 1 year return
- 6.4%
- Expense ratio
- 1.50%
- NAV
- ₹10.68
Which is better, Parag Parikh 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.
- Parag Parikh Arbitrage returned more over 1 year: 6.5% against 6.4%.
- Parag Parikh Arbitrage costs less: 0.99% a year against 1.50% (Direct plans).
- The Wealth Company Arbitrage fell less in its worst fall since 17-10-2025: −0.6% against −0.6%.
- Parag Parikh Arbitrage is the larger fund: ₹2,750 Cr against ₹138 Cr.
- Their portfolios overlap 33.9%: 27 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 | Parag Parikh Arbitrage Fund | The Wealth Company Arbitrage Fund |
|---|---|---|
| Fund house | PPFAS Mutual Fund | The Wealth Company Mutual Fund |
| Category | Arbitrage | Arbitrage |
| AUM | ₹2,750 Cr (30-09-2026) | ₹138 Cr (30-09-2026) |
| NAV | ₹12.24 (Direct) | ₹10.68 (Direct) |
| Expense ratio (Direct) | 0.99% | 1.50% |
| Expense ratio (Regular) | 1.39% | 2.18% |
| Riskometer | Low | Low to Moderate |
| Benchmark | Nifty 50 Arbitrage TRI | Nifty 50 Arbitrage TRI |
| Launch date | 02-11-2023 | 14-10-2025 |
| Minimum investment | ₹1,000 | ₹1,000 |
| Lock in | None | None |
| Fund managers | Rajeev Thakkar, Raunak Onkar, Rukun Tarachandani, Raj Mehta, Tejas Soman, Aishwarya Dhar | Aparna Shanker, Rouhak Shah, Neeraj Jain |
| Exit load | In respect of each purchase / switch-in of units, an Exit Load of 0.25% is payable if Units are redeemed/ switched-out within 30 days from the date of allotment. No Exit Load is payable if Units are redeemed / switched-out after 30 days from the date of allotment. Any exit load charged (net off GST, if any) shall be credited back to the Scheme. | 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. |
Parag Parikh 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 |
|---|---|---|---|---|---|---|---|
| Parag Parikh Arbitrage Fund (Direct) | +0.57% | +1.50% | +3.18% | +6.52% | -- | -- | -- |
| 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.
Parag Parikh Arbitrage vs The Wealth Company Arbitrage: Year-wise Returns
| Year | Parag ParikhParag Parikh Arbitrage | The Wealth CompanyThe Wealth Company Arbitrage |
|---|---|---|
| 2026to date | +5.31% | +5.30% |
| 2025 | +6.62% | -- |
| 2024 | +7.77% | -- |
Parag Parikh Arbitrage vs The Wealth Company Arbitrage: Rolling Returns
Every holding period of both funds
Parag Parikh 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 |
|---|---|---|---|---|
| Parag Parikh ArbitrageParag Parikh Arbitrage Fund (Direct) | ₹1,30,000 | ₹1,34,715 | ₹4,715 | 6.3% |
| The Wealth Company ArbitrageThe Wealth Company Arbitrage Fund (Direct) | ₹1,30,000 | ₹1,34,674 | ₹4,674 | 6.3% |
Parag Parikh ArbitrageParag Parikh 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.
Parag Parikh 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 | Parag Parikh Arbitrage Fund (Direct) | The Wealth Company Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.52% | +6.43% |
| Standard deviation | 1.43% | 1.55% |
| Sharpe ratio | 0.89 | 0.77 |
| Sortino ratio | 1.37 | 1.19 |
| Maximum drawdown | −0.6% (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 | Parag Parikh Arbitrage Fund (Direct) | The Wealth Company Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.94% | +6.41% |
| Standard deviation | 1.11% | 1.52% |
| Sharpe ratio | 0.83 | 0.75 |
| Sortino ratio | 1.25 | 1.17 |
| Maximum drawdown | −0.6% (06-08-2026) | −0.6% (06-08-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 03-11-2023 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.
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.
Parag Parikh 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 |
|---|---|---|---|---|---|---|
| Parag Parikh Arbitrage Fund (Direct) | −0.6% | 03-08-2026 | 06-08-2026 | 01-09-2026 | 26 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.
Parag Parikh Arbitrage Fund (Direct)
The Wealth Company Arbitrage Fund (Direct)
Parag Parikh Arbitrage vs The Wealth Company Arbitrage: Portfolio Overlap
From each fund's latest monthly portfolio: Parag Parikh Arbitrage Fund, September 2026; The Wealth Company Arbitrage Fund, September 2026
Holdings in common
- Overlap
- 33.9%
- Held by both
- 27
- Only in Parag Parikh Arbitrage
- 57
- Only in The Wealth Company Arbitrage
- 17
| Security | % of Parag Parikh Arbitrage | % of The Wealth Company Arbitrage |
|---|---|---|
| ICICI Bank Limited | 6.17% | 7.72% |
| Canara Bank | 5.28% | 5.03% |
| HDFC Bank Limited | 6.38% | 4.98% |
| Axis Bank Limited | 4.51% | 6.62% |
| Bharat Heavy Electricals Limited | 2.97% | 4.99% |
| IDFC First Bank Limited | 2.24% | 2.41% |
| Tata Steel Limited | 2.06% | 3.46% |
| Life Insurance Corporation Of India | 0.93% | 0.96% |
| Bharti Airtel Limited | 4.40% | 0.61% |
| Biocon Limited | 0.44% | 2.08% |
| The Indian Hotels Company Limited | 0.58% | 0.42% |
| Indus Towers Limited | 0.39% | 1.75% |
| Reliance Industries Limited | 4.80% | 0.39% |
| NBCC (India) Limited | 0.57% | 0.37% |
| Bajaj Finance Limited | 0.66% | 0.37% |
| Bank of Baroda | 0.78% | 0.34% |
| Varun Beverages Limited | 0.38% | 0.32% |
| GMR Airports Limited | 0.47% | 0.29% |
| Bandhan Bank Limited | 1.46% | 0.28% |
| Jio Financial Services Limited | 0.40% | 0.18% |
| Dabur India Limited | 0.17% | 0.66% |
| Crompton Greaves Consumer Electricals Limited | 0.15% | 0.29% |
| Kotak Mahindra Bank Limited | 3.75% | 0.12% |
| Godrej Properties Limited | 0.07% | 4.23% |
| Yes Bank Limited | 0.05% | 1.23% |
| Marico Limited | 0.03% | 0.55% |
| Fortis Healthcare Limited | 0.01% | 0.35% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 33.9% means 33.9% 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 Parag Parikh Arbitrage Fund
| Security | % of fund |
|---|---|
| Parag Parikh Liquid Fund- Direct Plan- Growth | 10.70% |
| Small Industries Dev Bank of India (11/06/2027) | 3.46% |
| State Bank of India | 2.38% |
| Canara Bank (08/12/2026) | 1.80% |
| HDFC Bank Limited (21/12/2026) | 1.79% |
Largest holdings only in The Wealth Company Arbitrage Fund
| Security | % of fund |
|---|---|
| The Wealth Company Liquid Fund - Direct Growth | 25.09% |
| Vodafone Idea Limited | 4.30% |
| Adani Green Energy Limited | 2.90% |
| Bharat Forge Limited | 2.45% |
| Adani Enterprises Limited | 1.43% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Parag Parikh Arbitrage | The Wealth Company Arbitrage |
|---|---|---|
| Equity | 67.5% | 68.8% |
| Debt | 18.0% | 0.0% |
| Cash and others | 14.5% | 31.2% |
Market cap of stocks
| Market cap | Parag Parikh Arbitrage | The Wealth Company Arbitrage |
|---|---|---|
| Large Cap | 57.5% | 50.1% |
| Mid Cap | 7.4% | 15.6% |
| Small Cap | 2.7% | 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 | Parag Parikh Arbitrage | The Wealth Company Arbitrage |
|---|---|---|
| Banks | 34.1% | 30.5% |
| Telecom - Services | 4.8% | 6.7% |
| Electrical Equipment | 3.1% | 5.0% |
| Petroleum Products | 4.8% | 1.0% |
| Realty | 0.4% | 4.2% |
| Power | 0.7% | 3.7% |
| Auto Components | 0.0% | 3.6% |
| Ferrous Metals | 2.7% | 3.5% |
| Aerospace & Defense | 2.7% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
Parag Parikh Arbitrage vs The Wealth Company Arbitrage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Parag Parikh Arbitrage Fund | The Wealth Company Arbitrage Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.99% | 1.50% |
| Base expense ratio (Direct) | 0.19% | 0.20% |
| Total expense ratio (Regular) | 1.39% | 2.18% |
| Base expense ratio (Regular) | 0.53% | 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 Parag Parikh Arbitrage with
Compare The Wealth Company Arbitrage with
Parag Parikh Arbitrage Fund vs The Wealth Company Arbitrage Fund: Frequently Asked Questions
What is the difference between Parag Parikh Arbitrage Fund and The Wealth Company Arbitrage Fund?
Both are Arbitrage funds, run by PPFAS Mutual Fund and The Wealth Company Mutual Fund. Their portfolios overlap 33.9%. Parag Parikh Arbitrage Fund charges 0.99% a year and The Wealth Company Arbitrage Fund 1.50%.
Which has given higher returns, Parag Parikh Arbitrage Fund or The Wealth Company Arbitrage Fund?
Over 1 year: Parag Parikh Arbitrage Fund +6.52%, 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, Parag Parikh Arbitrage Fund or The Wealth Company Arbitrage Fund?
Parag Parikh Arbitrage Fund charges less: 0.99% a year against 1.50%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Parag Parikh Arbitrage Fund and The Wealth Company Arbitrage Fund overlap?
33.9%. They hold 27 of the same securities, the largest shared ones being ICICIBANK, CANBK, HDFCBANK. From each fund's latest monthly portfolio.
Which is riskier, Parag Parikh Arbitrage Fund or The Wealth Company Arbitrage Fund?
On SEBI's riskometer, Parag Parikh Arbitrage Fund is rated Low and The Wealth Company Arbitrage Fund Low to Moderate. Over 1 years, the standard deviation of daily returns was 1.43% and 1.55% a year.
Can I invest in both Parag Parikh Arbitrage Fund and The Wealth Company Arbitrage Fund?
Yes. 33.9% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Parag Parikh Arbitrage Fund and The Wealth Company Arbitrage Fund?
Parag Parikh Arbitrage Fund: Rajeev Thakkar, Raunak Onkar, Rukun Tarachandani, Raj Mehta, Tejas Soman, Aishwarya Dhar. 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.