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 16 Oct 2026
Growth of ₹100 (rebased over the selected window)
Common period 19 Dec 2018 – 16 Oct 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 |
| 14 Aug 2019 | ₹104.85 | ₹105.10 |
| 08 Apr 2020 | ₹109.39 | ₹109.67 |
| 03 Dec 2020 | ₹112.20 | ₹113.00 |
| 29 Jul 2021 | ₹115.93 | ₹116.89 |
| 24 Mar 2022 | ₹119.08 | ₹119.80 |
| 17 Nov 2022 | ₹122.75 | ₹123.36 |
| 13 Jul 2023 | ₹129.12 | ₹129.73 |
| 07 Mar 2024 | ₹136.21 | ₹136.76 |
| 01 Nov 2024 | ₹143.11 | ₹143.79 |
| 27 Jun 2025 | ₹150.35 | ₹151.05 |
| 20 Feb 2026 | ₹156.68 | ₹157.65 |
| 16 Oct 2026 | ₹163.33 | ₹164.37 |
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 →
- 34 stocks only in Edelweiss Arbitrage Fund
- 134 stocks in both — 67.8% of each portfolio by weight
- 5 stocks only in Tata Arbitrage Fund
The more the circles overlap, the more the funds hold the same stocks.
Edelweiss Arbitrage Fund and Tata Arbitrage Fund duplicate 68% 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. | 6.27% | 12.19% | 6.27% |
| ICICI Bank Ltd. | 3.51% | 6.70% | 3.51% |
| Axis Bank Ltd. | 2.77% | 3.64% | 2.77% |
| Reliance Industries Ltd. | 2.57% | 6.61% | 2.57% |
| Vodafone Idea Ltd. | 2.98% | 2.32% | 2.32% |
| Bharti Airtel Ltd. | 2.35% | 1.96% | 1.96% |
| Indus Towers Ltd. | 2.45% | 1.87% | 1.87% |
| Canara Bank | 1.69% | 1.68% | 1.68% |
| Hindalco Industries Ltd. | 1.58% | 1.67% | 1.58% |
| State Bank of India | 1.56% | 1.87% | 1.56% |
| Adani Power Ltd. | 1.46% | 1.71% | 1.46% |
| Bharat Heavy Electricals Ltd. | 1.45% | 1.39% | 1.39% |
| Steel Authority of India Ltd. | 1.32% | 2.02% | 1.32% |
| Adani Energy Solutions Ltd. | 2.85% | 1.31% | 1.31% |
| JSW Steel Ltd. | 1.51% | 1.30% | 1.30% |
119 more stocks in common. 134 shared of 168 / 139 positions. Weights are shown as a share of each fund's equity book.
| Metric | Edelweiss · Direct NAV ₹22.59 Moderately High risk ★★★★☆ | Tata · Direct NAV ₹16.43 Moderately High risk ★★★★☆ | Category median Arbitrage Fund · 40 funds |
|---|---|---|---|
| +6.70% | +6.79% | +6.63% | |
| +7.40% | +7.47% | +7.28% | |
| +6.95% | +6.91% | +6.79% | |
| +6.54% | — | +6.34% | |
| +6.84% | +6.56% | +6.62% | |
| +7.24% | +7.29% | — | |
| +6.57%Best in row | +6.42% | +6.55% | |
| +6.37% | +6.42% | +6.27% | |
| +6.63% | — | +6.51% | |
| Risk | |||
| 1.05% | 1.01% | 1.14% | |
| 0.86 | 0.96Best in row | 0.65 | |
| 1.31 | 1.46Best in row | 0.98 | |
| -0.53% | -0.57% | -0.57% | |
| 1.53%Best in row | 1.57% | 1.44% | |
| ₹14,904Cr | ₹24,691Cr | ₹952.51Cr | |
| Up to 0.25% | 0.25% | — | |
| ₹100 | ₹150 | — | |
| ₹100 | ₹5.00K | — | |
| 1246% | 767% | 1014% | |
| Bhavesh Jain · 12.3y | Sailesh Jain | — | |
| NAV since 30 Jun 2014 | 18 Dec 2018 | — | |
| 181 | 153 | — | |
| 21.2% | 26.6% | — | |
| 1.6% | 0.5% | — | |
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
- 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 — Edelweiss Arbitrage Fund or Tata Arbitrage Fund?
Over the last 3 years, Tata Arbitrage Fund returned +7.47% CAGR against Edelweiss Arbitrage Fund's +7.40%, computed from AMFI NAV history. Over 5 years: Edelweiss Arbitrage Fund +6.95% vs Tata Arbitrage Fund +6.91% 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 1.53% a year against Tata Arbitrage Fund's 1.57%. 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 (+1.05% annualized vs Tata Arbitrage Fund's +1.01%), 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 ₹14,904Cr against Tata Arbitrage Fund's ₹24,691Cr 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.