Aditya Birla Sun Life Arbitrage Fund vs Invesco India Arbitrage Fund
Aditya Birla Sun Life Arbitrage Fund (Direct) and Invesco India Arbitrage Fund (Direct) head to head: growth of ₹100, returns across every window, risk, cost, and portfolio overlap — every figure computed from AMFI NAV history, nothing supplied by a fund house. Both are Arbitrage Fund schemes — see the best arbitrage mutual funds for the full ranking.
Head to head
NAVs as of 20 Aug 2026
Growth of ₹100 (rebased over the selected window)
Common period 02 Jan 2013 – 20 Aug 2026, limited by Aditya Birla Sun Life Arbitrage Fund. Every series is rebased to ₹100 at the start of this window.
View as table
| Date | Aditya Birla Sun Life Arbitrage Fund | Invesco India Arbitrage Fund |
|---|---|---|
| 02 Jan 2013 | ₹100.00 | ₹100.00 |
| 21 Feb 2014 | ₹111.11 | ₹110.12 |
| 12 Apr 2015 | ₹122.61 | ₹121.37 |
| 31 May 2016 | ₹132.50 | ₹131.18 |
| 19 Jul 2017 | ₹142.89 | ₹141.22 |
| 07 Sep 2018 | ₹153.46 | ₹151.79 |
| 27 Oct 2019 | ₹165.97 | ₹163.67 |
| 15 Dec 2020 | ₹174.98 | ₹172.91 |
| 03 Feb 2022 | ₹184.30 | ₹181.66 |
| 25 Mar 2023 | ₹195.48 | ₹194.43 |
| 12 May 2024 | ₹213.88 | ₹212.93 |
| 01 Jul 2025 | ₹233.20 | ₹232.08 |
| 20 Aug 2026 | ₹250.81 | ₹249.82 |
Portfolio overlap (same stocks held through more than one fund)
Some overlap is structural: SEBI defines large cap as the top 100 stocks by market capitalisation, so two large-cap funds are fishing the same pond by regulation. The bands below are measured per sleeve pairing rather than against one blanket threshold. How this is measured →
Aditya Birla Sun Life Arbitrage Fund and Invesco India Arbitrage Fund duplicate 64% of their equity book — holding both adds concentration, not diversification.
Shared holdings — Aditya Birla Sun Life Arbitrage Fund vs Invesco India Arbitrage Fund
| Stock | Aditya Birla Sun Life Arbitrage Fund | Invesco India Arbitrage Fund | |
|---|---|---|---|
| Reliance Industries Ltd | 4.51% | 5.19% | 4.51% |
| ICICI Bank Ltd | 5.01% | 4.45% | 4.45% |
| Bharti Airtel Ltd | 3.10% | 4.40% | 3.10% |
| Vodafone Idea Ltd | 3.37% | 2.62% | 2.62% |
| HDFC Bank Ltd | 6.59% | 1.98% | 1.98% |
| Kotak Mahindra Bank Ltd | 2.05% | 1.40% | 1.40% |
| Titan Company Ltd | 1.38% | 1.33% | 1.33% |
| Jio Financial Services Limited | 1.30% | 1.39% | 1.30% |
| State Bank of India | 2.01% | 1.17% | 1.17% |
| Bharat Electronics Ltd | 1.13% | 1.41% | 1.13% |
| Hindalco Industries Ltd | 1.11% | 1.68% | 1.11% |
| Mahindra & Mahindra Ltd | 1.10% | 1.16% | 1.10% |
| Adani Enterprises Ltd | 1.05% | 1.81% | 1.05% |
| Indus Towers Ltd | 1.60% | 1.05% | 1.05% |
| Axis Bank Ltd | 3.12% | 1.00% | 1.00% |
152 more stocks in common. 167 shared of 173 / 175 positions. Weights are shown as a share of each fund's equity book.
| Metric | Aditya Birla Sun Life · Direct NAV ₹30.81 Moderately High risk ★★★☆☆ | Invesco · Direct NAV ₹37.14 Moderately High risk ★★★★★ | Category median Arbitrage Fund · 40 funds |
|---|---|---|---|
| +6.64% | +6.70% | +6.54% | |
| +7.50% | +7.52% | +7.35% | |
| +6.73% | +6.97%Best in row | +6.66% | |
| +6.40% | +6.47% | +6.35% | |
| +6.98% | +6.95% | +6.68% | |
| +7.24% | +7.35%Best in row | — | |
| +6.61% | +6.67% | +6.53% | |
| +6.39% | +6.44% | +6.26% | |
| +6.52% | +6.58% | +6.52% | |
| Risk | |||
| 0.99% | 0.97% | 1.02% | |
| 1.00 | 1.06Best in row | 0.79 | |
| 1.54 | 1.64Best in row | 1.20 | |
| -0.54% | -0.52% | -0.57% | |
| 1.26%Best in row | 2.31% | 1.46% | |
| ₹26,029Cr | ₹27,818Cr | ₹1,250Cr | |
| None | 0.50% | — | |
| ₹100 | ₹500 | — | |
| 534% | 455% | 937% | |
| Mohit Sharma | Deepak Gupta · 4.8y | — | |
| 173 | 175 | — | |
| 23.9% | 22.3% | — | |
| 76.0% | 77.4% | — | |
8 rows carry the same value for every fund — show
- Benchmark
- —
- Alpha
- —
- Beta
- —
- Upside capture
- —
- Downside capture
- —
- Lock-in
- None
- Min lumpsum
- ₹1.00K
- Inception
- 02 Jan 2013
Best marks the strongest value in a row, and only where the gap is bigger than noise — a near-tie is left unmarked rather than dressed up as a result. SIP XIRR is a ₹10,000/month instalment over 5 years of real NAV history. Nothing here is supplied by a fund house. For research only — not investment advice.
Frequently asked questions
Which fund has delivered higher returns — Aditya Birla Sun Life Arbitrage Fund or Invesco India Arbitrage Fund?
Over the last 3 years, Invesco India Arbitrage Fund returned +7.52% CAGR against Aditya Birla Sun Life Arbitrage Fund's +7.50%, computed from AMFI NAV history. Over 5 years: Aditya Birla Sun Life Arbitrage Fund +6.73% vs Invesco India Arbitrage Fund +6.97% CAGR. Past returns don't guarantee future performance.
Which fund is cheaper — Aditya Birla Sun Life Arbitrage Fund or Invesco India Arbitrage Fund?
Aditya Birla Sun Life Arbitrage Fund has the lower expense ratio: Aditya Birla Sun Life Arbitrage Fund charges 1.26% a year against Invesco India Arbitrage Fund's 2.31%. The expense ratio is deducted from the NAV daily, so a lower one compounds in the investor's favour.
Which fund is riskier — Aditya Birla Sun Life Arbitrage Fund or Invesco India Arbitrage Fund?
Aditya Birla Sun Life Arbitrage Fund has shown higher volatility (+0.99% annualized vs Invesco India Arbitrage Fund's +0.97%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: Aditya Birla Sun Life Arbitrage Fund -0.47% vs Invesco India Arbitrage Fund -0.40%.
Which fund manages more money — Aditya Birla Sun Life Arbitrage Fund or Invesco India Arbitrage Fund?
Invesco India Arbitrage Fund is the larger fund: Aditya Birla Sun Life Arbitrage Fund manages ₹26,029Cr against Invesco India Arbitrage Fund's ₹27,818Cr in assets. Size cuts both ways — scale lowers costs, but a very large fund can find it harder to move in and out of positions.
Are Aditya Birla Sun Life Arbitrage Fund and Invesco India Arbitrage Fund in the same category?
Yes — both are Arbitrage Fund schemes, so their returns, risk and cost are directly comparable against the same peer set.
Figures update daily from AMFI NAV history; ratings and ranks are WealthTicker’s own — see the methodology. This is data, not investment advice.