quant Arbitrage Fund vs Tata Arbitrage Fund
Direct Plan, Growth option · Data as on 30-10-2026
quant Arbitrage Fund and Tata Arbitrage Fund are both Arbitrage funds. In the year to 30-10-2026, quant Arbitrage Fund (Direct) returned 7.6% and Tata Arbitrage Fund (Direct) returned 6.8%. quant Arbitrage Fund charges 1.60% a year and Tata Arbitrage Fund 1.57% (Direct plans). Their portfolios overlap 33.4%: they hold 79 of the same securities.
Which is better, quant Arbitrage or Tata 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 6.8%.
- Tata Arbitrage costs less: 1.57% a year against 1.60% (Direct plans).
- quant Arbitrage fell less in its worst fall since 07-04-2025: −0.4% against −0.4%.
- Tata Arbitrage is the larger fund: ₹24,539 Cr against ₹1,007 Cr.
- Their portfolios overlap 33.4%: 79 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 | Tata Arbitrage Fund |
|---|---|---|
| Fund house | quant Mutual Fund | Tata Mutual Fund |
| Category | Arbitrage | Arbitrage |
| AUM | ₹1,007 Cr (30-09-2026) | ₹24,539 Cr (30-09-2026) |
| NAV | ₹11.19 (Direct) | ₹16.46 (Direct) |
| Expense ratio (Direct) | 1.60% | 1.57% |
| Expense ratio (Regular) | 2.25% | 2.25% |
| Riskometer | Low | Low |
| Benchmark | Nifty 50 Arbitrage TRI | Nifty 50 Arbitrage Index |
| Launch date | 04-04-2025 | 18-12-2018 |
| Minimum investment | ₹5,000 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Sameer Kate, Yug Tibrewal, Sanjeev Sharma | Sailesh Jain |
| 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 Tata 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% | -- | -- | -- |
| Tata Arbitrage Fund (Direct) | +0.50% | +1.52% | +3.24% | +6.77% | +7.43% | +6.90% | -- |
| Arbitrage average | +0.56% | +1.52% | +3.20% | +6.62% | +7.18% | +6.68% | -- |
Category average: the average of the 39 Arbitrage funds, same plan type.
quant Arbitrage vs Tata Arbitrage: Year-wise Returns
| Year | quantquant Arbitrage | TataTata Arbitrage |
|---|---|---|
| 2026to date | +6.22% | +5.46% |
| 2025 | -- | +7.26% |
| 2024 | -- | +8.36% |
| 2023 | -- | +7.93% |
| 2022 | -- | +4.86% |
| 2021 | -- | +4.54% |
quant Arbitrage vs Tata 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)
Tata 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% |
| Tata Arbitrage | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 6.7% | 6.7% | 6.3% | 7.0% |
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 Tata 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% |
| Tata ArbitrageTata Arbitrage Fund (Direct) | ₹1,90,000 | ₹2,00,435 | ₹10,435 | 6.6% |
quant Arbitragequant Arbitrage Fund (Direct)
Tata ArbitrageTata 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 Tata 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) | Tata Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.56% | +6.77% |
| Standard deviation | 1.46% | 1.26% |
| Sharpe ratio | 1.59 | 1.21 |
| Sortino ratio | 2.43 | 1.89 |
| Maximum drawdown | −0.4% (26-08-2026) | −0.4% (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) | Tata Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.37% | +6.55% |
| Standard deviation | 1.29% | 1.01% |
| Sharpe ratio | 1.55 | 1.32 |
| Sortino ratio | 2.35 | 2.01 |
| Maximum drawdown | −0.4% (26-08-2026) | −0.6% (03-06-2020) |
| 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)
Tata 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% |
| Tata Arbitrage Fund (Direct) | −0.4% | 03-08-2026 | 06-08-2026 | 24-08-2026 | 18 days | −0.0% |
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)
Tata Arbitrage Fund (Direct)
quant Arbitrage vs Tata Arbitrage: Portfolio Overlap
From each fund's latest monthly portfolio: quant Arbitrage Fund, September 2026; Tata Arbitrage Fund, September 2026
Holdings in common
- Overlap
- 33.4%
- Held by both
- 79
- Only in quant Arbitrage
- 30
- Only in Tata Arbitrage
- 102
| Security | % of quant Arbitrage | % of Tata Arbitrage |
|---|---|---|
| Reliance Industries Limited | 4.80% | 4.28% |
| HDFC Bank Limited | 2.45% | 7.89% |
| SIDBI CD 25-Mar-2027 | 4.80% | 1.38% |
| Vodafone Idea Limited | 1.29% | 1.50% |
| Indus Towers Limited | 2.10% | 1.21% |
| State Bank of India | 1.81% | 1.21% |
| Bharat Heavy Electricals Ltd | 1.18% | 0.90% |
| Axis Bank Limited | 0.88% | 2.36% |
| ICICI Bank Limited | 0.87% | 4.34% |
| Bharti Airtel Limited | 0.86% | 1.27% |
| Varun Beverages Limited | 1.56% | 0.85% |
| Adani Power Limited | 0.85% | 1.11% |
| Hindustan Unilever Limited | 0.83% | 0.83% |
| Canara Bank | 0.78% | 1.09% |
| Manappuram Finance Ltd | 0.77% | 0.70% |
| Hindustan Aeronautics Limited | 0.86% | 0.61% |
| Kotak Mahindra Bank Limited | 0.58% | 0.60% |
| HDFC Life Insurance Co Ltd | 3.19% | 0.56% |
| Adani Green Energy Limited | 0.52% | 0.87% |
| NTPC Limited | 1.87% | 0.50% |
| JSW Steel Limited | 0.48% | 0.84% |
| Biocon Ltd | 1.15% | 0.47% |
| Punjab National Bank | 1.62% | 0.46% |
| NMDC Ltd | 0.45% | 0.74% |
| Adani Enterprises Limited | 0.44% | 0.59% |
| Divi's Laboratories Limited | 0.43% | 0.92% |
| Glenmark Pharmaceuticals Ltd | 0.68% | 0.43% |
| Life Insurance Corporation Of India | 0.66% | 0.42% |
| YES Bank Ltd. | 1.18% | 0.40% |
| Tata Power Company Limited | 0.43% | 0.36% |
| Jio Financial Services Limited | 0.34% | 1.20% |
| Adani Energy Solutions Limited | 0.33% | 0.85% |
| Info Edge (India) Ltd | 3.03% | 0.31% |
| Aurobindo Pharma Limited | 0.82% | 0.30% |
| LIC Housing Finance Ltd | 1.44% | 0.29% |
| Cummins India Ltd. | 0.28% | 0.91% |
| Bajaj Finance Limited | 0.69% | 0.27% |
| ITC Limited | 1.41% | 0.26% |
| HDFC Asset Management Company Ltd | 0.22% | 0.56% |
| Samvardhana Motherson International Ltd | 1.09% | 0.22% |
| APL Apollo Tubes Limited | 0.21% | 0.53% |
| Steel Authority of India Ltd | 0.20% | 1.31% |
| Bank of India | 0.20% | 0.24% |
| Ashok Leyland Limited | 0.19% | 0.31% |
| GE Vernova T&D India Limited | 0.70% | 0.19% |
| Union Bank of India | 0.62% | 0.19% |
| Shriram Finance Limited | 0.59% | 0.19% |
| Bandhan Bank Ltd. | 0.18% | 0.67% |
| Godrej Properties Limited | 0.17% | 0.49% |
| Bharat Electronics Ltd | 0.17% | 0.68% |
| Oil and Natural Gas Corporation Ltd. | 2.38% | 0.17% |
| Torrent Pharmaceuticals Ltd | 0.31% | 0.17% |
| National Building Construction Corp | 2.12% | 0.16% |
| Bharat Petroleum Corp Ltd | 0.50% | 0.16% |
| Jindal Steel Limited | 0.15% | 0.16% |
| SWIGGY LIMITED | 2.33% | 0.14% |
| GMR Airports Limited | 0.51% | 0.14% |
| Tata Steel Limited | 0.12% | 0.74% |
| Cholamandalam Investment & Finance Co | 1.61% | 0.09% |
| UltraTech Cement Limited | 0.28% | 0.09% |
| Tata Consumer Products Ltd | 0.25% | 0.09% |
| Maruti Suzuki India Limited | 0.87% | 0.08% |
| PG Electroplast Limited | 0.63% | 0.08% |
| Bajaj Finserv Ltd. | 0.41% | 0.08% |
| Ambuja Cements Ltd | 0.07% | 0.57% |
| Asian Paints Limited | 0.24% | 0.06% |
| Larsen & Toubro Limited | 0.12% | 0.06% |
| Indian Oil Corp Ltd | 0.05% | 0.74% |
| Computer Age Management Services Ltd | 0.10% | 0.05% |
| DLF Limited | 0.81% | 0.03% |
| Dabur India Limited | 0.46% | 0.03% |
| Radico Khaitan Ltd. | 0.13% | 0.03% |
| Hindustan Petroleum Corporation Ltd | 0.80% | 0.02% |
| Godrej Consumer Products Limited | 0.52% | 0.02% |
| Eicher Motors Ltd | 0.39% | 0.02% |
| Tata Consultancy Services Limited | 0.16% | 0.01% |
| One 97 Communications Limited | 0.14% | 0.01% |
| Laurus Labs Ltd | 0.12% | 0.01% |
| Kalyan Jewellers India Limited | 0.01% | 0.30% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 33.4% means 33.4% 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 quant Arbitrage Fund
| Security | % of fund |
|---|---|
| TREPS 01-Oct-2026 DEPO 10 | 7.26% |
| Zydus Lifesciences Limited | 3.82% |
| 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% |
Largest holdings only in Tata Arbitrage Fund
| Security | % of fund |
|---|---|
| TATA MONEY MARKET FUND | 12.05% |
| ** - SMALL INDUST DEVLOP BANK OF INDIA - CD - 23/10/2026 | 2.03% |
| ** - NABARD - CD - 28/01/2027 | 1.49% |
| ** - NATIONAL BANK FOR FINANCING INFRASTRUCTURE AND DEVELOPMENT - CD - 12/03/2027 | 1.38% |
| ** - SMALL INDUST DEVLOP BANK OF INDIA - CD - 14/01/2027 | 1.20% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | quant Arbitrage | Tata Arbitrage |
|---|---|---|
| Equity | 76.4% | 64.8% |
| Debt | 28.6% | 21.7% |
| Cash and others | -5.0% | 13.5% |
Market cap of stocks
| Market cap | quant Arbitrage | Tata Arbitrage |
|---|---|---|
| Large Cap | 48.1% | 50.0% |
| Mid Cap | 21.4% | 12.1% |
| Small Cap | 6.9% | 2.7% |
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 | Tata Arbitrage |
|---|---|---|
| Banks | 11.2% | 21.6% |
| Pharmaceuticals & Biotechnology | 7.3% | 2.5% |
| Petroleum Products | 6.2% | 5.2% |
| Finance | 5.8% | 3.7% |
| Retailing | 5.5% | 0.5% |
| Power | 4.4% | 4.1% |
| Telecom - Services | 4.3% | 4.0% |
| Ferrous Metals | 1.0% | 3.0% |
The six largest sectors of each fund's stocks, % of the fund.
quant Arbitrage vs Tata Arbitrage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | quant Arbitrage Fund | Tata Arbitrage Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.60% | 1.57% |
| Base expense ratio (Direct) | 0.28% | 0.26% |
| Total expense ratio (Regular) | 2.25% | 2.25% |
| Base expense ratio (Regular) | 0.83% | 0.91% |
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 Tata Arbitrage Fund: Frequently Asked Questions
What is the difference between quant Arbitrage Fund and Tata Arbitrage Fund?
Both are Arbitrage funds, run by quant Mutual Fund and Tata Mutual Fund. Their portfolios overlap 33.4%. quant Arbitrage Fund charges 1.60% a year and Tata Arbitrage Fund 1.57%.
Which has given higher returns, quant Arbitrage Fund or Tata Arbitrage Fund?
Over 1 year: quant Arbitrage Fund +7.56%, Tata Arbitrage Fund +6.77%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, quant Arbitrage Fund or Tata Arbitrage Fund?
Tata Arbitrage Fund charges less: 1.57% a year against 1.60%. These are the Direct plans' total expense ratios reported to AMFI.
How much do quant Arbitrage Fund and Tata Arbitrage Fund overlap?
33.4%. They hold 79 of the same securities, the largest shared ones being RELIANCE, HDFCBANK, SIDBI CD 25-Mar-2027. From each fund's latest monthly portfolio.
Which is riskier, quant Arbitrage Fund or Tata Arbitrage Fund?
On SEBI's riskometer, quant Arbitrage Fund is rated Low and Tata Arbitrage Fund Low. Over 1 years, the standard deviation of daily returns was 1.46% and 1.26% a year.
Can I invest in both quant Arbitrage Fund and Tata Arbitrage Fund?
Yes. 33.4% 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 Tata Arbitrage Fund?
quant Arbitrage Fund: Sameer Kate, Yug Tibrewal, Sanjeev Sharma. Tata Arbitrage Fund: Sailesh 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.