Aditya Birla Sun Life Arbitrage Fund vs Tata Arbitrage Fund
Aditya Birla Sun Life Arbitrage Fund (Direct) and Tata 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 19 Dec 2018 – 20 Aug 2026, limited by Tata Arbitrage Fund. Every series is rebased to ₹100 at the start of this window.
View as table
| Date | Aditya Birla Sun Life Arbitrage Fund | Tata Arbitrage Fund |
|---|---|---|
| 19 Dec 2018 | ₹100.00 | ₹100.00 |
| 09 Aug 2019 | ₹104.62 | ₹104.92 |
| 30 Mar 2020 | ₹108.68 | ₹109.54 |
| 18 Nov 2020 | ₹111.42 | ₹112.89 |
| 10 Jul 2021 | ₹114.89 | ₹116.47 |
| 28 Feb 2022 | ₹118.13 | ₹119.75 |
| 20 Oct 2022 | ₹121.28 | ₹122.96 |
| 10 Jun 2023 | ₹126.88 | ₹128.72 |
| 29 Jan 2024 | ₹133.48 | ₹135.50 |
| 19 Sep 2024 | ₹140.36 | ₹142.55 |
| 10 May 2025 | ₹147.41 | ₹149.72 |
| 30 Dec 2025 | ₹153.55 | ₹156.03 |
| 20 Aug 2026 | ₹160.14 | ₹162.75 |
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 Tata Arbitrage Fund duplicate 67% of their equity book — holding both adds concentration, not diversification.
Shared holdings — Aditya Birla Sun Life Arbitrage Fund vs Tata Arbitrage Fund
| Stock | Aditya Birla Sun Life Arbitrage Fund | Tata Arbitrage Fund | |
|---|---|---|---|
| HDFC Bank Ltd | 6.59% | 12.05% | 6.59% |
| Reliance Industries Ltd | 4.51% | 3.80% | 3.80% |
| ICICI Bank Ltd | 5.01% | 2.65% | 2.65% |
| Vodafone Idea Ltd | 3.37% | 2.37% | 2.37% |
| Kotak Mahindra Bank Ltd | 2.05% | 1.62% | 1.62% |
| State Bank of India | 2.01% | 1.61% | 1.61% |
| Bharti Airtel Ltd | 3.10% | 1.59% | 1.59% |
| Zomato Ltd | 1.58% | 1.76% | 1.58% |
| Steel Authority Of India Ltd | 1.64% | 1.50% | 1.50% |
| Indus Towers Ltd | 1.60% | 1.48% | 1.48% |
| JSW Steel Ltd | 1.32% | 2.08% | 1.32% |
| Jio Financial Services Limited | 1.30% | 1.95% | 1.30% |
| Bharat Electronics Ltd | 1.13% | 1.67% | 1.13% |
| Hindalco Industries Ltd | 1.11% | 1.15% | 1.11% |
| Shriram Transport Finance Company Ltd | 1.04% | 1.91% | 1.04% |
134 more stocks in common. 149 shared of 173 / 154 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 ★★★☆☆ | Tata · Direct NAV ₹16.27 Moderately High risk ★★★★☆ | Category median Arbitrage Fund · 40 funds |
|---|---|---|---|
| +6.64% | +6.71% | +6.54% | |
| +7.50% | +7.55% | +7.35% | |
| +6.73% | +6.78% | +6.66% | |
| +6.40% | — | +6.35% | |
| +6.98%Best in row | +6.56% | +6.68% | |
| +7.24% | +7.29% | — | |
| +6.61%Best in row | +6.37% | +6.53% | |
| +6.39% | +6.38% | +6.26% | |
| +6.52% | — | +6.52% | |
| Risk | |||
| 0.99% | 0.92% | 1.02% | |
| 1.00 | 1.14Best in row | 0.79 | |
| 1.54 | 1.79Best in row | 1.20 | |
| -0.54% | -0.57% | -0.57% | |
| 1.26%Best in row | 1.70% | 1.46% | |
| ₹26,029Cr | ₹22,684Cr | ₹1,250Cr | |
| None | 0.25% | — | |
| ₹100 | ₹150 | — | |
| ₹1.00K | ₹5.00K | — | |
| 534% | 1312% | 937% | |
| Mohit Sharma | Sailesh Jain · 7.7y | — | |
| 02 Jan 2013 | 19 Dec 2018 | — | |
| 173 | 154 | — | |
| 23.9% | 21.9% | — | |
| 76.0% | 68.8% | — | |
6 rows carry the same value for every fund — show
- Benchmark
- —
- Alpha
- —
- Beta
- —
- Upside capture
- —
- Downside capture
- —
- Lock-in
- None
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 Tata Arbitrage Fund?
Over the last 3 years, Tata Arbitrage Fund returned +7.55% 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 Tata Arbitrage Fund +6.78% CAGR. Past returns don't guarantee future performance.
Which fund is cheaper — Aditya Birla Sun Life Arbitrage Fund or Tata 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 Tata Arbitrage Fund's 1.70%. 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 Tata Arbitrage Fund?
Aditya Birla Sun Life Arbitrage Fund has shown higher volatility (+0.99% annualized vs Tata Arbitrage Fund's +0.92%), 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 Tata Arbitrage Fund -0.41%.
Which fund manages more money — Aditya Birla Sun Life Arbitrage Fund or Tata Arbitrage Fund?
Aditya Birla Sun Life Arbitrage Fund is the larger fund: Aditya Birla Sun Life Arbitrage Fund manages ₹26,029Cr against Tata Arbitrage Fund's ₹22,684Cr 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 Tata 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.