Samco Arbitrage Fund vs Tata Arbitrage Fund
Direct Plan, Growth option · Data as on 30-10-2026
Samco Arbitrage Fund and Tata Arbitrage Fund are both Arbitrage funds. In the year to 30-10-2026, Samco Arbitrage Fund (Direct) returned 5.2% and Tata Arbitrage Fund (Direct) returned 6.8%. Samco Arbitrage Fund charges 1.09% a year and Tata Arbitrage Fund 1.57% (Direct plans). Their portfolios overlap 23.3%: they hold 17 of the same securities.
Which is better, Samco 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.
- Tata Arbitrage returned more over 1 year: 6.8% against 5.2%.
- Samco Arbitrage costs less: 1.09% a year against 1.57% (Direct plans).
- Tata Arbitrage fell less in its worst fall since 29-11-2024: −0.4% against −0.6%.
- Samco Arbitrage holds more in large companies: 69.8% of the fund in large caps against 50.0%.
- Tata Arbitrage is the larger fund: ₹24,539 Cr against ₹26 Cr.
- Their portfolios overlap 23.3%: 17 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 | Samco Arbitrage Fund | Tata Arbitrage Fund |
|---|---|---|
| Fund house | Samco Mutual Fund | Tata Mutual Fund |
| Category | Arbitrage | Arbitrage |
| AUM | ₹26 Cr (30-09-2026) | ₹24,539 Cr (30-09-2026) |
| NAV | ₹11.04 (Direct) | ₹16.46 (Direct) |
| Expense ratio (Direct) | 1.09% | 1.57% |
| Expense ratio (Regular) | 2.54% | 2.25% |
| Riskometer | Low | Low |
| Benchmark | Nifty 50 Arbitrage TRI | Nifty 50 Arbitrage Index |
| Launch date | 27-11-2024 | 18-12-2018 |
| Minimum investment | ₹5,000 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Umeshkumar Mehta, Nirali Bhansali, Dhawal Dhanani, Vishal Shinde, Manish Naiya | Sailesh Jain |
| Exit load | •0.25% If the investment is redeemed or switched out on or before 7 days from the date of allotment of units. • .No Exit Load will be charged if investment is redeemed or switched out after 7 days from the date of allotment of units. | Exit load of 0.25%, if redeemed within 15 days. |
Samco 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 |
|---|---|---|---|---|---|---|---|
| Samco Arbitrage Fund (Direct) | +0.55% | +1.28% | +2.60% | +5.24% | -- | -- | -- |
| 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.
Samco Arbitrage vs Tata Arbitrage: Year-wise Returns
| Year | SamcoSamco Arbitrage | TataTata Arbitrage |
|---|---|---|
| 2026to date | +4.35% | +5.46% |
| 2025 | +5.27% | +7.26% |
| 2024 | -- | +8.36% |
| 2023 | -- | +7.93% |
| 2022 | -- | +4.86% |
| 2021 | -- | +4.54% |
Samco Arbitrage vs Tata Arbitrage: Rolling Returns
Every holding period of both funds
Rolling returns
Every 1-year holding period, 226 of them, one for each trading day from 01-12-2025 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.
Samco Arbitrage Fund (Direct)
Tata Arbitrage Fund (Direct)
to
Dec 2025Feb 2025
to
Feb 2026Apr 2025
to
Apr 2026Jun 2025
to
Jun 2026Aug 2025
to
Aug 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Samco Arbitrage | 0.0 | 14.2 | 85.8 | 0.0 | 0.0 | 0.0 | 0.0 | 5.2% | 5.2% | 4.8% | 5.6% |
| Tata Arbitrage | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 6.9% | 6.8% | 6.3% | 7.3% |
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 29-11-2024. Past returns do not promise future returns.
Samco 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 29-11-2024 to 30-10-2026: 24 instalments, ₹2,40,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Samco ArbitrageSamco Arbitrage Fund (Direct) | ₹2,40,000 | ₹2,52,933 | ₹12,933 | 5.2% |
| Tata ArbitrageTata Arbitrage Fund (Direct) | ₹2,40,000 | ₹2,56,960 | ₹16,960 | 6.7% |
Samco ArbitrageSamco 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.
Samco Arbitrage vs Tata Arbitrage: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Samco Arbitrage Fund (Direct) | Tata Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +5.24% | +6.77% |
| Standard deviation | 1.83% | 1.26% |
| Sharpe ratio | -0.00 | 1.21 |
| Sortino ratio | -0.00 | 1.89 |
| Maximum drawdown | −0.6% (06-08-2026) | −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 | Samco Arbitrage Fund (Direct) | Tata Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +5.30% | +6.55% |
| Standard deviation | 1.56% | 1.01% |
| Sharpe ratio | -0.20 | 1.32 |
| Sortino ratio | -0.29 | 2.01 |
| Maximum drawdown | −0.6% (06-08-2026) | −0.6% (03-06-2020) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 29-11-2024 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.
Samco 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 |
|---|---|---|---|---|---|---|
| Samco Arbitrage Fund (Direct) | −0.6% | 03-08-2026 | 06-08-2026 | 01-09-2026 | 26 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 29-11-2024, 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.
Samco Arbitrage Fund (Direct)
Tata Arbitrage Fund (Direct)
Samco Arbitrage vs Tata Arbitrage: Portfolio Overlap
From each fund's latest monthly portfolio: Samco Arbitrage Fund, September 2026; Tata Arbitrage Fund, September 2026
Holdings in common
- Overlap
- 23.3%
- Held by both
- 17
- Only in Samco Arbitrage
- 0
- Only in Tata Arbitrage
- 164
| Security | % of Samco Arbitrage | % of Tata Arbitrage |
|---|---|---|
| HDFC Bank Limited | 7.80% | 7.89% |
| Reliance Industries Limited | 7.08% | 4.28% |
| ICICI Bank Limited | 2.85% | 4.34% |
| Axis Bank Limited | 3.83% | 2.36% |
| Vodafone Idea Limited | 4.28% | 1.50% |
| Bharti Airtel Limited | 9.32% | 1.27% |
| Hindalco Industries Limited | 2.03% | 1.08% |
| Kotak Mahindra Bank Limited | 3.85% | 0.60% |
| HDFC Life Insurance Company Limited | 1.77% | 0.56% |
| Bajaj Finance Limited | 3.05% | 0.27% |
| ITC Limited | 3.49% | 0.26% |
| Shriram Finance Limited | 4.06% | 0.19% |
| Mahindra & Mahindra Limited | 3.63% | 0.15% |
| InterGlobe Aviation Limited | 4.89% | 0.09% |
| Titan Company Limited | 4.33% | 0.02% |
| Eicher Motors Limited | 3.58% | 0.02% |
| One 97 Communications Limited | 7.02% | 0.01% |
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 Samco Arbitrage Fund
Every holding of this fund is also held by the other.
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 - 25/03/2027 | 1.38% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Samco Arbitrage | Tata Arbitrage |
|---|---|---|
| Equity | 76.9% | 64.8% |
| Debt | 0.0% | 21.7% |
| Cash and others | 23.1% | 13.5% |
Market cap of stocks
| Market cap | Samco Arbitrage | Tata Arbitrage |
|---|---|---|
| Large Cap | 69.8% | 50.0% |
| Mid Cap | 7.0% | 12.1% |
| Small Cap | 0.0% | 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 | Samco Arbitrage | Tata Arbitrage |
|---|---|---|
| Banks | 18.3% | 21.6% |
| Telecom - Services | 13.6% | 4.0% |
| Automobiles | 7.2% | 1.6% |
| Finance | 7.1% | 3.7% |
| Petroleum Products | 7.1% | 5.2% |
| Financial Technology (Fintech) | 7.0% | 0.1% |
| Power | 0.0% | 4.1% |
| Ferrous Metals | 0.0% | 3.0% |
The six largest sectors of each fund's stocks, % of the fund.
Samco Arbitrage vs Tata Arbitrage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Samco Arbitrage Fund | Tata Arbitrage Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.09% | 1.57% |
| Base expense ratio (Direct) | 0.32% | 0.26% |
| Total expense ratio (Regular) | 2.54% | 2.25% |
| Base expense ratio (Regular) | 1.55% | 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 Samco Arbitrage with
Samco Arbitrage Fund vs Tata Arbitrage Fund: Frequently Asked Questions
What is the difference between Samco Arbitrage Fund and Tata Arbitrage Fund?
Both are Arbitrage funds, run by Samco Mutual Fund and Tata Mutual Fund. Their portfolios overlap 23.3%. Samco Arbitrage Fund charges 1.09% a year and Tata Arbitrage Fund 1.57%.
Which has given higher returns, Samco Arbitrage Fund or Tata Arbitrage Fund?
Over 1 year: Samco Arbitrage Fund +5.24%, Tata Arbitrage Fund +6.77%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Samco Arbitrage Fund or Tata Arbitrage Fund?
Samco Arbitrage Fund charges less: 1.09% a year against 1.57%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Samco Arbitrage Fund and Tata Arbitrage Fund overlap?
23.3%. They hold 17 of the same securities, the largest shared ones being HDFCBANK, RELIANCE, ICICIBANK. From each fund's latest monthly portfolio.
Which is riskier, Samco Arbitrage Fund or Tata Arbitrage Fund?
On SEBI's riskometer, Samco Arbitrage Fund is rated Low and Tata Arbitrage Fund Low. Over 1 years, the standard deviation of daily returns was 1.83% and 1.26% a year.
Can I invest in both Samco Arbitrage Fund and Tata 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 Samco Arbitrage Fund and Tata Arbitrage Fund?
Samco Arbitrage Fund: Umeshkumar Mehta, Nirali Bhansali, Dhawal Dhanani, Vishal Shinde, Manish Naiya. 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.