Invesco India Arbitrage Fund vs Edelweiss Arbitrage Fund
Invesco India Arbitrage Fund (Direct) and Edelweiss 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 30 Jun 2014 – 16 Oct 2026, limited by Edelweiss Arbitrage Fund. Every series is rebased to ₹100 at the start of this window.
View as table
| Date | Invesco India Arbitrage Fund | Edelweiss Arbitrage Fund |
|---|---|---|
| 30 Jun 2014 | ₹100.00 | ₹100.00 |
| 09 Jul 2015 | ₹109.14 | ₹109.69 |
| 18 Jul 2016 | ₹116.85 | ₹117.72 |
| 27 Jul 2017 | ₹124.54 | ₹125.96 |
| 05 Aug 2018 | ₹132.97 | ₹134.62 |
| 14 Aug 2019 | ₹142.44 | ₹144.86 |
| 23 Aug 2020 | ₹150.51 | ₹153.44 |
| 01 Sep 2021 | ₹157.25 | ₹160.74 |
| 10 Sep 2022 | ₹164.74 | ₹167.86 |
| 19 Sep 2023 | ₹178.16 | ₹181.02 |
| 28 Sep 2024 | ₹193.10 | ₹196.19 |
| 07 Oct 2025 | ₹207.71 | ₹211.00 |
| 16 Oct 2026 | ₹222.45 | ₹225.65 |
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 →
- 17 stocks only in Invesco India Arbitrage Fund
- 160 stocks in both — 63.6% of each portfolio by weight
- 8 stocks only in Edelweiss Arbitrage Fund
The more the circles overlap, the more the funds hold the same stocks.
Invesco India Arbitrage Fund and Edelweiss Arbitrage Fund duplicate 64% of their equity book — holding both adds concentration, not diversification.
Shared holdings — Invesco India Arbitrage Fund vs Edelweiss Arbitrage Fund
| Stock | Invesco India Arbitrage Fund | Edelweiss Arbitrage Fund | |
|---|---|---|---|
| HDFC Bank Limited | 7.01% | 6.27% | 6.27% |
| ICICI Bank Limited | 5.72% | 3.51% | 3.51% |
| Axis Bank Limited | 2.76% | 2.77% | 2.76% |
| Vodafone Idea Limited | 2.76% | 2.98% | 2.76% |
| Reliance Industries Limited | 4.37% | 2.57% | 2.57% |
| Bharti Airtel Limited | 2.71% | 2.35% | 2.35% |
| Canara Bank | 1.91% | 1.69% | 1.69% |
| State Bank of India | 2.50% | 1.56% | 1.56% |
| Adani Power Limited | 2.65% | 1.46% | 1.46% |
| Yes Bank Limited | 1.73% | 1.31% | 1.31% |
| Infosys Limited | 1.27% | 1.28% | 1.27% |
| Coal India Limited | 1.85% | 0.99% | 0.99% |
| Punjab National Bank | 1.29% | 0.99% | 0.99% |
| Hindustan Unilever Limited | 0.98% | 1.32% | 0.98% |
| Indus Towers Limited | 0.97% | 2.45% | 0.97% |
145 more stocks in common. 160 shared of 177 / 168 positions. Weights are shown as a share of each fund's equity book.
| Metric | Invesco · Direct NAV ₹37.54 Moderately High risk ★★★★★ | Edelweiss · Direct NAV ₹22.59 Moderately High risk ★★★★☆ | Category median Arbitrage Fund · 40 funds |
|---|---|---|---|
| +6.86%Best in row | +6.70% | +6.63% | |
| +7.46% | +7.40% | +7.28% | |
| +7.13%Best in row | +6.95% | +6.79% | |
| +6.47% | +6.54% | +6.34% | |
| +6.95% | +6.84% | +6.62% | |
| +7.36%Best in row | +7.24% | — | |
| +6.69%Best in row | +6.57% | +6.55% | |
| +6.45% | +6.37% | +6.27% | |
| +6.57% | +6.63% | +6.51% | |
| Risk | |||
| 1.08% | 1.05% | 1.14% | |
| 0.89 | 0.86 | 0.65 | |
| 1.34 | 1.31 | 0.98 | |
| -0.52% | -0.53% | -0.57% | |
| 2.20% | 1.53%Best in row | 1.44% | |
| ₹30,062Cr | ₹14,904Cr | ₹952.51Cr | |
| Up to 0.50% | Up to 0.25% | — | |
| ₹500 | ₹100 | — | |
| ₹1.00K | ₹100 | — | |
| 1642% | 1246% | 1014% | |
| Deepak Gupta · 4.9y | Bhavesh Jain · 12.3y | — | |
| 30 Apr 2007 | NAV since 30 Jun 2014 | — | |
| 177 | 181 | — | |
| 27.8% | 21.2% | — | |
| 2.9% | 1.6% | — | |
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 — Invesco India Arbitrage Fund or Edelweiss Arbitrage Fund?
Over the last 3 years, Invesco India Arbitrage Fund returned +7.46% CAGR against Edelweiss Arbitrage Fund's +7.40%, computed from AMFI NAV history. Over 5 years: Invesco India Arbitrage Fund +7.13% vs Edelweiss Arbitrage Fund +6.95% CAGR. Past returns don't guarantee future performance.
Which fund is cheaper — Invesco India Arbitrage Fund or Edelweiss Arbitrage Fund?
Edelweiss Arbitrage Fund has the lower expense ratio: Invesco India Arbitrage Fund charges 2.20% a year against Edelweiss Arbitrage Fund's 1.53%. The expense ratio is deducted from the NAV daily, so a lower one compounds in the investor's favour.
Which fund is riskier — Invesco India Arbitrage Fund or Edelweiss Arbitrage Fund?
Invesco India Arbitrage Fund has shown higher volatility (+1.08% annualized vs Edelweiss Arbitrage Fund's +1.05%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: Invesco India Arbitrage Fund -0.40% vs Edelweiss Arbitrage Fund -0.42%.
Which fund manages more money — Invesco India Arbitrage Fund or Edelweiss Arbitrage Fund?
Invesco India Arbitrage Fund is the larger fund: Invesco India Arbitrage Fund manages ₹30,062Cr against Edelweiss Arbitrage Fund's ₹14,904Cr 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 Invesco India Arbitrage Fund and Edelweiss 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.