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 25 Aug 2026
Growth of ₹100 (rebased over the selected window)
Common period 30 Jun 2014 – 24 Aug 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 |
| 05 Jul 2015 | ₹109.13 | ₹109.70 |
| 09 Jul 2016 | ₹116.59 | ₹117.46 |
| 14 Jul 2017 | ₹124.30 | ₹125.66 |
| 18 Jul 2018 | ₹132.77 | ₹134.39 |
| 23 Jul 2019 | ₹141.71 | ₹144.09 |
| 27 Jul 2020 | ₹150.21 | ₹153.09 |
| 01 Aug 2021 | ₹156.73 | ₹160.15 |
| 06 Aug 2022 | ₹163.89 | ₹167.05 |
| 11 Aug 2023 | ₹176.61 | ₹179.41 |
| 14 Aug 2024 | ₹191.76 | ₹194.85 |
| 19 Aug 2025 | ₹206.15 | ₹209.46 |
| 24 Aug 2026 | ₹220.53 | ₹223.81 |
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 →
Invesco India Arbitrage Fund and Edelweiss Arbitrage Fund duplicate 65% 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 | |
|---|---|---|---|
| ICICI Bank Ltd | 4.45% | 4.93% | 4.45% |
| Reliance Industries Ltd | 5.19% | 3.06% | 3.06% |
| Vodafone Idea Ltd | 2.62% | 2.84% | 2.62% |
| Bharti Airtel Ltd | 4.40% | 2.22% | 2.22% |
| HDFC Bank Ltd | 1.98% | 5.56% | 1.98% |
| Adani Enterprises Ltd | 1.81% | 2.14% | 1.81% |
| Canara Bank | 2.95% | 1.56% | 1.56% |
| Bajaj Finance Ltd | 1.39% | 2.83% | 1.39% |
| Hindalco Industries Ltd | 1.68% | 1.37% | 1.37% |
| Yes Bank Ltd | 3.20% | 1.33% | 1.33% |
| Glenmark Pharmaceuticals Ltd | 1.25% | 1.70% | 1.25% |
| Adani Power Ltd | 1.19% | 1.51% | 1.19% |
| State Bank of India | 1.17% | 1.29% | 1.17% |
| Kotak Mahindra Bank Ltd | 1.40% | 1.16% | 1.16% |
| TVS Motor Company Ltd | 1.89% | 1.06% | 1.06% |
145 more stocks in common. 160 shared of 175 / 167 positions. Weights are shown as a share of each fund's equity book.
| Metric | Invesco · Direct NAV ₹37.20 Moderately High risk ★★★★★ | Edelweiss · Direct NAV ₹22.40 Moderately High risk ★★★★☆ | Category median Arbitrage Fund · 40 funds |
|---|---|---|---|
| +6.77% | +6.69% | +6.58% | |
| +7.52% | +7.53% | +7.35% | |
| +7.01%Best in row | +6.87% | +6.69% | |
| +6.48% | +6.56% | +6.36% | |
| +6.95% | +6.86% | +6.63% | |
| +7.37% | +7.29% | — | |
| +6.67%Best in row | +6.55% | +6.54% | |
| +6.44% | +6.35% | +6.25% | |
| +6.58% | +6.64% | +6.52% | |
| Risk | |||
| 1.05 | 1.06 | 0.78 | |
| -0.52% | -0.53% | -0.57% | |
| 2.31% | 1.67%Best in row | 1.46% | |
| ₹27,818Cr | ₹14,863Cr | ₹1,159Cr | |
| 0.50% | Up to 0.25% | — | |
| ₹500 | ₹100 | — | |
| ₹1.00K | ₹100 | — | |
| 455% | 1458% | 903% | |
| Deepak Gupta · 4.8y | Bhavesh Jain · 12.2y | — | |
| 02 Jan 2013 | 30 Jun 2014 | — | |
| 175 | 167 | — | |
| 22.3% | 21.5% | — | |
| 77.4% | 71.9% | — | |
8 rows carry the same value for every fund — show
- Volatility
- 0.97%
- Sortino
- 1.64
- 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 — Invesco India Arbitrage Fund or Edelweiss Arbitrage Fund?
Over the last 3 years, Edelweiss Arbitrage Fund returned +7.53% CAGR against Invesco India Arbitrage Fund's +7.52%, computed from AMFI NAV history. Over 5 years: Invesco India Arbitrage Fund +7.01% vs Edelweiss Arbitrage Fund +6.87% 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 2.31% a year against Edelweiss Arbitrage Fund's 1.67%. 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?
Edelweiss Arbitrage Fund has shown higher volatility (+0.97% 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: 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 ₹27,818Cr against Edelweiss Arbitrage Fund's ₹14,863Cr 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.