quant Arbitrage Fund vs SBI Arbitrage Fund
Direct Plan, Growth option · Data as on 30-10-2026
quant Arbitrage Fund and SBI Arbitrage Fund are both Arbitrage funds. In the year to 30-10-2026, quant Arbitrage Fund (Direct) returned 7.6% and SBI Arbitrage Fund (Direct) returned 6.6%. quant Arbitrage Fund charges 1.60% a year and SBI Arbitrage Fund 1.47% (Direct plans). Their portfolios overlap 37.6%: they hold 91 of the same securities.
Which is better, quant 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.
- quant Arbitrage returned more over 1 year: 7.6% against 6.6%.
- SBI Arbitrage costs less: 1.47% a year against 1.60% (Direct plans).
- quant Arbitrage fell less in its worst fall since 07-04-2025: −0.4% against −0.5%.
- SBI Arbitrage holds more in large companies: 61.8% of the fund in large caps against 48.1%.
- SBI Arbitrage is the larger fund: ₹46,309 Cr against ₹1,007 Cr.
- Their portfolios overlap 37.6%: 91 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 | quant Arbitrage Fund | SBI Arbitrage Fund |
|---|---|---|
| Fund house | quant Mutual Fund | SBI Mutual Fund |
| Category | Arbitrage | Arbitrage |
| AUM | ₹1,007 Cr (30-09-2026) | ₹46,309 Cr (30-09-2026) |
| NAV | ₹11.19 (Direct) | ₹39.08 (Direct) |
| Expense ratio (Direct) | 1.60% | 1.47% |
| Expense ratio (Regular) | 2.25% | 1.99% |
| Riskometer | Low | Low |
| Benchmark | Nifty 50 Arbitrage TRI | Nifty 50 Arbitrage Index |
| Launch date | 04-04-2025 | 03-11-2006 |
| Minimum investment | ₹5,000 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Sameer Kate, Yug Tibrewal, Sanjeev Sharma | Neeraj Kumar - Equity, Ardhendu Bhattacharya |
| Exit load | Exit load of 0.25%, if redeemed within 1 month. | Exit load of 0.25%, if redeemed within 15 Days. |
quant 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 |
|---|---|---|---|---|---|---|---|
| quant Arbitrage Fund (Direct) | +0.51% | +1.68% | +3.63% | +7.56% | -- | -- | -- |
| 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.
quant Arbitrage vs SBI Arbitrage: Year-wise Returns
| Year | quantquant Arbitrage | SBISBI Arbitrage |
|---|---|---|
| 2026to date | +6.22% | +5.39% |
| 2025 | -- | +7.05% |
| 2024 | -- | +8.11% |
| 2023 | -- | +7.98% |
| 2022 | -- | +5.09% |
| 2021 | -- | +4.43% |
quant Arbitrage vs SBI Arbitrage: Rolling Returns
Every holding period of both funds
Rolling returns
Every 1-year holding period, 140 of them, one for each trading day from 07-04-2026 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.
quant Arbitrage Fund (Direct)
SBI Arbitrage Fund (Direct)
to
Apr 2026May 2025
to
May 2026Jul 2025
to
Jul 2026Aug 2025
to
Aug 2026Sept 2025
to
Sept 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| quant Arbitrage | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7.5% | 7.5% | 7.1% | 7.9% |
| SBI Arbitrage | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 6.5% | 6.5% | 6.1% | 6.9% |
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 07-04-2025. Past returns do not promise future returns.
quant 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 07-04-2025 to 30-10-2026: 19 instalments, ₹1,90,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| quant Arbitragequant Arbitrage Fund (Direct) | ₹1,90,000 | ₹2,01,679 | ₹11,679 | 7.4% |
| SBI ArbitrageSBI Arbitrage Fund (Direct) | ₹1,90,000 | ₹2,00,216 | ₹10,216 | 6.5% |
quant Arbitragequant 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.
quant Arbitrage vs SBI Arbitrage: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | quant Arbitrage Fund (Direct) | SBI Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.56% | +6.59% |
| Standard deviation | 1.46% | 1.46% |
| Sharpe ratio | 1.59 | 0.92 |
| Sortino ratio | 2.43 | 1.41 |
| Maximum drawdown | −0.4% (26-08-2026) | −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 | quant Arbitrage Fund (Direct) | SBI Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.37% | +6.84% |
| Standard deviation | 1.29% | 1.07% |
| Sharpe ratio | 1.55 | 0.74 |
| Sortino ratio | 2.35 | 1.11 |
| Maximum drawdown | −0.4% (26-08-2026) | −0.7% (25-03-2020) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 07-04-2025 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.
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.
quant 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 |
|---|---|---|---|---|---|---|
| quant Arbitrage Fund (Direct) | −0.4% | 24-08-2026 | 26-08-2026 | 01-09-2026 | 6 days | −0.1% |
| SBI Arbitrage Fund (Direct) | −0.5% | 03-08-2026 | 06-08-2026 | 01-09-2026 | 26 days | −0.1% |
From daily values since 07-04-2025, 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.
quant Arbitrage Fund (Direct)
SBI Arbitrage Fund (Direct)
quant Arbitrage vs SBI Arbitrage: Portfolio Overlap
From each fund's latest monthly portfolio: quant Arbitrage Fund, September 2026; SBI Arbitrage Fund, September 2026
Holdings in common
- Overlap
- 37.6%
- Held by both
- 91
- Only in quant Arbitrage
- 18
- Only in SBI Arbitrage
- 105
| Security | % of quant Arbitrage | % of SBI Arbitrage |
|---|---|---|
| Reliance Industries Limited | 4.80% | 5.58% |
| HDFC Bank Limited | 2.45% | 4.92% |
| State Bank of India | 1.81% | 3.68% |
| Vodafone Idea Limited | 1.29% | 1.10% |
| ITC Limited | 1.41% | 0.93% |
| Axis Bank Limited | 0.88% | 2.31% |
| ICICI Bank Limited | 0.87% | 2.75% |
| Bharti Airtel Limited | 0.86% | 2.39% |
| Hindustan Aeronautics Limited | 0.86% | 1.16% |
| Adani Power Limited | 0.85% | 1.03% |
| Punjab National Bank | 1.62% | 0.78% |
| Canara Bank | 0.78% | 0.89% |
| Varun Beverages Limited | 1.56% | 0.76% |
| Bharat Heavy Electricals Ltd | 1.18% | 0.72% |
| Samvardhana Motherson International Ltd | 1.09% | 0.71% |
| Bajaj Finance Limited | 0.69% | 1.57% |
| Indus Towers Limited | 2.10% | 0.61% |
| Maruti Suzuki India Limited | 0.87% | 0.60% |
| Kotak Mahindra Bank Limited | 0.58% | 0.85% |
| Hindustan Unilever Limited | 0.83% | 0.56% |
| NTPC Limited | 1.87% | 0.55% |
| Adani Green Energy Limited | 0.52% | 0.99% |
| Cholamandalam Investment & Finance Co | 1.61% | 0.49% |
| Glenmark Pharmaceuticals Ltd | 0.68% | 0.48% |
| JSW Steel Limited | 0.48% | 1.58% |
| Adani Ports & Special Economic Zone Ltd | 1.46% | 0.46% |
| Manappuram Finance Ltd | 0.77% | 0.45% |
| Shriram Finance Limited | 0.59% | 0.45% |
| Adani Enterprises Limited | 0.44% | 1.41% |
| Divi's Laboratories Limited | 0.43% | 1.09% |
| Tata Power Company Limited | 0.43% | 0.64% |
| NMDC Ltd | 0.45% | 0.42% |
| GMR Airports Limited | 0.51% | 0.40% |
| Info Edge (India) Ltd | 3.03% | 0.39% |
| Life Insurance Corporation Of India | 0.66% | 0.38% |
| Biocon Ltd | 1.15% | 0.37% |
| Union Bank of India | 0.62% | 0.37% |
| Eicher Motors Ltd | 0.39% | 0.35% |
| Jio Financial Services Limited | 0.34% | 0.77% |
| Aurobindo Pharma Limited | 0.82% | 0.34% |
| Adani Energy Solutions Limited | 0.33% | 0.81% |
| Torrent Pharmaceuticals Ltd | 0.31% | 0.32% |
| Cummins India Ltd. | 0.28% | 0.41% |
| UltraTech Cement Limited | 0.28% | 0.42% |
| Tata Consumer Products Ltd | 0.25% | 0.62% |
| HDFC Asset Management Company Ltd | 0.22% | 0.36% |
| APL Apollo Tubes Limited | 0.21% | 0.38% |
| Hitachi Energy India Limited | 0.21% | 0.27% |
| SIDBI CD 25-Mar-2027 | 4.80% | 0.21% |
| SWIGGY LIMITED | 2.33% | 0.21% |
| Steel Authority of India Ltd | 0.20% | 0.46% |
| Bank of India | 0.20% | 0.22% |
| HDFC Life Insurance Co Ltd | 3.19% | 0.19% |
| SRF Limited | 0.49% | 0.19% |
| Dabur India Limited | 0.46% | 0.18% |
| Bandhan Bank Ltd. | 0.18% | 0.19% |
| Godrej Properties Limited | 0.17% | 0.24% |
| Bharat Electronics Ltd | 0.17% | 1.36% |
| National Building Construction Corp | 2.12% | 0.17% |
| GE Vernova T&D India Limited | 0.70% | 0.17% |
| Tata Consultancy Services Limited | 0.16% | 0.20% |
| Jindal Steel Limited | 0.15% | 0.16% |
| One 97 Communications Limited | 0.14% | 0.21% |
| Oil and Natural Gas Corporation Ltd. | 2.38% | 0.14% |
| Godrej Consumer Products Limited | 0.52% | 0.14% |
| Ashok Leyland Limited | 0.19% | 0.14% |
| Tata Steel Limited | 0.12% | 1.59% |
| LIC Housing Finance Ltd | 1.44% | 0.12% |
| Hindustan Petroleum Corporation Ltd | 0.80% | 0.12% |
| Larsen & Toubro Limited | 0.12% | 0.87% |
| Laurus Labs Ltd | 0.12% | 0.18% |
| Power Grid Corporation of India Limited | 0.10% | 0.13% |
| UPL Limited | 1.37% | 0.09% |
| Bharat Petroleum Corp Ltd | 0.50% | 0.09% |
| Asian Paints Limited | 0.24% | 0.09% |
| Bajaj Finserv Ltd. | 0.41% | 0.08% |
| Amber Enterprises India Ltd | 1.11% | 0.07% |
| Oil India Limited | 0.12% | 0.07% |
| Ambuja Cements Ltd | 0.07% | 0.59% |
| Indian Oil Corp Ltd | 0.05% | 0.56% |
| DLF Limited | 0.81% | 0.05% |
| NHPC Ltd | 0.26% | 0.05% |
| Premier Energies Limited | 0.20% | 0.05% |
| PG Electroplast Limited | 0.63% | 0.04% |
| Radico Khaitan Ltd. | 0.13% | 0.04% |
| FSN E-Commerce Ventures Limited | 0.10% | 0.04% |
| ICICI Prudential Life Insurance Co Ltd | 0.10% | 0.04% |
| KPIT Technologies Limited | 0.57% | 0.03% |
| Zydus Lifesciences Limited | 3.82% | 0.02% |
| Computer Age Management Services Ltd | 0.10% | 0.02% |
| Kalyan Jewellers India Limited | 0.01% | 0.46% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 37.6% means 37.6% 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 quant Arbitrage Fund
| Security | % of fund |
|---|---|
| TREPS 01-Oct-2026 DEPO 10 | 7.26% |
| 182 Days Treasury Bill 18-Mar-2027 | 1.93% |
| 364 Days Treasury Bill 01-Jul-2027 | 1.90% |
| 364 Days Treasury Bill 29-Jul-2027 | 1.89% |
| 364 Days Treasury Bill 05-Aug-2027 | 1.89% |
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 | quant Arbitrage | SBI Arbitrage |
|---|---|---|
| Equity | 76.4% | 77.2% |
| Debt | 28.6% | 6.5% |
| Cash and others | -5.0% | 16.4% |
Market cap of stocks
| Market cap | quant Arbitrage | SBI Arbitrage |
|---|---|---|
| Large Cap | 48.1% | 61.8% |
| Mid Cap | 21.4% | 13.2% |
| Small Cap | 6.9% | 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 | quant Arbitrage | SBI Arbitrage |
|---|---|---|
| Banks | 11.2% | 20.0% |
| Pharmaceuticals & Biotechnology | 7.3% | 3.4% |
| Petroleum Products | 6.2% | 6.3% |
| Finance | 5.8% | 5.7% |
| Retailing | 5.5% | 1.2% |
| Power | 4.4% | 4.3% |
| Telecom - Services | 4.3% | 4.1% |
| Ferrous Metals | 1.0% | 3.8% |
The six largest sectors of each fund's stocks, % of the fund.
quant Arbitrage vs SBI Arbitrage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | quant Arbitrage Fund | SBI Arbitrage Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.60% | 1.47% |
| Base expense ratio (Direct) | 0.28% | 0.34% |
| Total expense ratio (Regular) | 2.25% | 1.99% |
| Base expense ratio (Regular) | 0.83% | 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 quant Arbitrage with
quant Arbitrage Fund vs SBI Arbitrage Fund: Frequently Asked Questions
What is the difference between quant Arbitrage Fund and SBI Arbitrage Fund?
Both are Arbitrage funds, run by quant Mutual Fund and SBI Mutual Fund. Their portfolios overlap 37.6%. quant Arbitrage Fund charges 1.60% a year and SBI Arbitrage Fund 1.47%.
Which has given higher returns, quant Arbitrage Fund or SBI Arbitrage Fund?
Over 1 year: quant Arbitrage Fund +7.56%, SBI Arbitrage Fund +6.59%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, quant Arbitrage Fund or SBI Arbitrage Fund?
SBI Arbitrage Fund charges less: 1.47% a year against 1.60%. These are the Direct plans' total expense ratios reported to AMFI.
How much do quant Arbitrage Fund and SBI Arbitrage Fund overlap?
37.6%. They hold 91 of the same securities, the largest shared ones being RELIANCE, HDFCBANK, SBIN. From each fund's latest monthly portfolio.
Which is riskier, quant Arbitrage Fund or SBI Arbitrage Fund?
On SEBI's riskometer, quant Arbitrage Fund is rated Low and SBI Arbitrage Fund Low. Over 1 years, the standard deviation of daily returns was 1.46% and 1.46% a year.
Can I invest in both quant Arbitrage Fund and SBI Arbitrage Fund?
Yes. 37.6% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages quant Arbitrage Fund and SBI Arbitrage Fund?
quant Arbitrage Fund: Sameer Kate, Yug Tibrewal, Sanjeev Sharma. 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.