Edelweiss Arbitrage Fund vs Tata Arbitrage Fund
Edelweiss 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 25 Aug 2026
Growth of ₹100 (rebased over the selected window)
Common period 19 Dec 2018 – 24 Aug 2026, limited by Tata Arbitrage Fund. Every series is rebased to ₹100 at the start of this window.
View as table
| Date | Edelweiss Arbitrage Fund | Tata Arbitrage Fund |
|---|---|---|
| 19 Dec 2018 | ₹100.00 | ₹100.00 |
| 10 Aug 2019 | ₹104.70 | ₹104.92 |
| 31 Mar 2020 | ₹109.33 | ₹109.67 |
| 19 Nov 2020 | ₹112.18 | ₹112.96 |
| 11 Jul 2021 | ₹115.50 | ₹116.47 |
| 02 Mar 2022 | ₹118.97 | ₹119.72 |
| 22 Oct 2022 | ₹122.37 | ₹122.94 |
| 12 Jun 2023 | ₹128.02 | ₹128.67 |
| 01 Feb 2024 | ₹134.97 | ₹135.64 |
| 22 Sep 2024 | ₹142.06 | ₹142.68 |
| 14 May 2025 | ₹149.03 | ₹149.77 |
| 02 Jan 2026 | ₹155.23 | ₹156.18 |
| 24 Aug 2026 | ₹162.00 | ₹163.04 |
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 →
Edelweiss Arbitrage Fund and Tata Arbitrage Fund duplicate 72% of their equity book — holding both adds concentration, not diversification.
Shared holdings — Edelweiss Arbitrage Fund vs Tata Arbitrage Fund
| Stock | Edelweiss Arbitrage Fund | Tata Arbitrage Fund | |
|---|---|---|---|
| HDFC Bank Ltd | 5.56% | 12.05% | 5.56% |
| Reliance Industries Ltd | 3.06% | 3.80% | 3.06% |
| ICICI Bank Ltd | 4.93% | 2.65% | 2.65% |
| Vodafone Idea Ltd | 2.84% | 2.37% | 2.37% |
| JSW Steel Ltd | 1.90% | 2.08% | 1.90% |
| Bajaj Finance Ltd | 2.83% | 1.86% | 1.86% |
| Zomato Ltd | 1.77% | 1.76% | 1.76% |
| Bharti Airtel Ltd | 2.22% | 1.59% | 1.59% |
| Canara Bank | 1.56% | 1.50% | 1.50% |
| Indus Towers Ltd | 2.09% | 1.48% | 1.48% |
| Adani Transmission Ltd | 2.70% | 1.40% | 1.40% |
| Hindustan Unilever Ltd | 1.36% | 1.58% | 1.36% |
| Adani Power Ltd | 1.51% | 1.32% | 1.32% |
| State Bank of India | 1.29% | 1.61% | 1.29% |
| Kotak Mahindra Bank Ltd | 1.16% | 1.62% | 1.16% |
131 more stocks in common. 146 shared of 167 / 154 positions. Weights are shown as a share of each fund's equity book.
| Metric | Edelweiss · Direct NAV ₹22.40 Moderately High risk ★★★★☆ | Tata · Direct NAV ₹16.29 Moderately High risk ★★★★☆ | Category median Arbitrage Fund · 40 funds |
|---|---|---|---|
| +6.69% | +6.74% | +6.58% | |
| +7.53% | +7.54% | +7.35% | |
| +6.87% | +6.81% | +6.69% | |
| +6.56% | — | +6.36% | |
| +6.86%Best in row | +6.56% | +6.63% | |
| +7.29% | +7.31% | — | |
| +6.55%Best in row | +6.38% | +6.54% | |
| +6.35% | +6.38% | +6.25% | |
| +6.64% | — | +6.52% | |
| Risk | |||
| 0.97% | 0.93% | 1.02% | |
| 1.06 | 1.12Best in row | 0.78 | |
| 1.64 | 1.75Best in row | 1.18 | |
| -0.53% | -0.57% | -0.57% | |
| 1.67%Best in row | 1.70% | 1.46% | |
| ₹14,863Cr | ₹22,684Cr | ₹1,159Cr | |
| Up to 0.25% | 0.25% | — | |
| ₹100 | ₹150 | — | |
| ₹100 | ₹5.00K | — | |
| 1458% | 1312% | 903% | |
| Bhavesh Jain · 12.2y | Sailesh Jain · 7.7y | — | |
| 30 Jun 2014 | 19 Dec 2018 | — | |
| 167 | 154 | — | |
| 21.5% | 21.9% | — | |
| 71.9% | 68.8% | — | |
6 rows carry the same value for every fund — show
- Benchmark
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- Alpha
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- Beta
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- Upside capture
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- Downside capture
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- Lock-in
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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 — Edelweiss Arbitrage Fund or Tata Arbitrage Fund?
Over the last 3 years, Tata Arbitrage Fund returned +7.54% CAGR against Edelweiss Arbitrage Fund's +7.53%, computed from AMFI NAV history. Over 5 years: Edelweiss Arbitrage Fund +6.87% vs Tata Arbitrage Fund +6.81% CAGR. Past returns don't guarantee future performance.
Which fund is cheaper — Edelweiss Arbitrage Fund or Tata Arbitrage Fund?
Edelweiss Arbitrage Fund has the lower expense ratio: Edelweiss Arbitrage Fund charges 1.67% 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 — Edelweiss Arbitrage Fund or Tata Arbitrage Fund?
Edelweiss Arbitrage Fund has shown higher volatility (+0.97% annualized vs Tata Arbitrage Fund's +0.93%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: Edelweiss Arbitrage Fund -0.42% vs Tata Arbitrage Fund -0.41%.
Which fund manages more money — Edelweiss Arbitrage Fund or Tata Arbitrage Fund?
Tata Arbitrage Fund is the larger fund: Edelweiss Arbitrage Fund manages ₹14,863Cr 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 Edelweiss 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.