Kotak Arbitrage Fund vs Edelweiss Arbitrage Fund
Kotak 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 19 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 | Kotak Arbitrage Fund | Edelweiss Arbitrage Fund |
|---|---|---|
| 30 Jun 2014 | ₹100.00 | ₹100.00 |
| 09 Jul 2015 | ₹109.22 | ₹109.69 |
| 18 Jul 2016 | ₹117.09 | ₹117.72 |
| 27 Jul 2017 | ₹125.06 | ₹125.96 |
| 05 Aug 2018 | ₹133.50 | ₹134.62 |
| 14 Aug 2019 | ₹143.52 | ₹144.86 |
| 23 Aug 2020 | ₹151.22 | ₹153.44 |
| 01 Sep 2021 | ₹158.50 | ₹160.74 |
| 10 Sep 2022 | ₹165.48 | ₹167.86 |
| 19 Sep 2023 | ₹178.54 | ₹181.02 |
| 28 Sep 2024 | ₹193.71 | ₹196.19 |
| 07 Oct 2025 | ₹208.39 | ₹211.00 |
| 16 Oct 2026 | ₹222.96 | ₹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 →
- 21 stocks only in Kotak Arbitrage Fund
- 153 stocks in both — 64.5% of each portfolio by weight
- 15 stocks only in Edelweiss Arbitrage Fund
The more the circles overlap, the more the funds hold the same stocks.
Kotak Arbitrage Fund and Edelweiss Arbitrage Fund duplicate 64% of their equity book — holding both adds concentration, not diversification.
Shared holdings — Kotak Arbitrage Fund vs Edelweiss Arbitrage Fund
| Stock | Kotak Arbitrage Fund | Edelweiss Arbitrage Fund | |
|---|---|---|---|
| ICICI BANK LTD. | 5.86% | 3.51% | 3.51% |
| HDFC BANK LTD. | 2.85% | 6.27% | 2.85% |
| AXIS BANK LTD. | 4.13% | 2.77% | 2.77% |
| RELIANCE INDUSTRIES LTD. | 4.30% | 2.57% | 2.57% |
| BHARTI AIRTEL LTD. | 2.04% | 2.35% | 2.04% |
| Vodafone Idea Ltd | 1.83% | 2.98% | 1.83% |
| Hindalco Industries Ltd. | 1.84% | 1.58% | 1.58% |
| STATE BANK OF INDIA. | 1.90% | 1.56% | 1.56% |
| ADANI POWER LTD | 2.01% | 1.46% | 1.46% |
| TVS Motor Company Ltd. | 1.32% | 1.56% | 1.32% |
| Infosys Ltd. | 1.76% | 1.28% | 1.28% |
| BAJAJ FINANCE LTD. | 1.69% | 1.13% | 1.13% |
| JSW Steel Ltd. | 1.04% | 1.51% | 1.04% |
| ITC Ltd. | 1.19% | 1.02% | 1.02% |
| ADANI ENERGY SOLUTIONS LTD. | 1.01% | 2.85% | 1.01% |
138 more stocks in common. 153 shared of 174 / 168 positions. Weights are shown as a share of each fund's equity book.
| Metric | Kotak Mahindra · Direct NAV ₹43.51 Moderately High risk ★★★☆☆ | Edelweiss · Direct NAV ₹22.59 Moderately High risk ★★★★☆ | Category median Arbitrage Fund · 40 funds |
|---|---|---|---|
| +6.65% | +6.70% | +6.63% | |
| +7.43% | +7.40% | +7.28% | |
| +6.98% | +6.95% | +6.79% | |
| +6.46% | +6.54% | +6.34% | |
| +7.07% | +6.84% | +6.62% | |
| +7.26% | +7.24% | — | |
| +6.75%Best in row | +6.57% | +6.55% | |
| +6.51%Best in row | +6.37% | +6.27% | |
| Risk | |||
| 1.09% | 1.05% | 1.14% | |
| 0.85 | 0.86 | 0.65 | |
| 1.29 | 1.31 | 0.98 | |
| -0.57% | -0.53% | -0.57% | |
| 2.31% | 1.53%Best in row | 1.44% | |
| ₹74,848Cr | ₹14,904Cr | ₹952.51Cr | |
| 1707% | 1246% | 1014% | |
| Hiten Shah | Bhavesh Jain · 12.3y | — | |
| 29 Sep 2005 | NAV since 30 Jun 2014 | — | |
| 174 | 181 | — | |
| 20.6% | 21.2% | — | |
| 1.4% | 1.6% | — | |
10 rows carry the same value for every fund — show
- 10Y rolling avg
- +6.63%
- Benchmark
- —
- Alpha
- —
- Beta
- —
- Upside capture
- —
- Downside capture
- —
- Exit load
- Up to 0.25%
- Lock-in
- None
- Min SIP
- ₹100
- Min lumpsum
- ₹100
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 — Kotak Arbitrage Fund or Edelweiss Arbitrage Fund?
Over the last 3 years, Kotak Arbitrage Fund returned +7.43% CAGR against Edelweiss Arbitrage Fund's +7.40%, computed from AMFI NAV history. Over 5 years: Kotak Arbitrage Fund +6.98% vs Edelweiss Arbitrage Fund +6.95% CAGR. Past returns don't guarantee future performance.
Which fund is cheaper — Kotak Arbitrage Fund or Edelweiss Arbitrage Fund?
Edelweiss Arbitrage Fund has the lower expense ratio: Kotak Arbitrage Fund charges 2.31% 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 — Kotak Arbitrage Fund or Edelweiss Arbitrage Fund?
Kotak Arbitrage Fund has shown higher volatility (+1.09% 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: Kotak Arbitrage Fund -0.46% vs Edelweiss Arbitrage Fund -0.42%.
Which fund manages more money — Kotak Arbitrage Fund or Edelweiss Arbitrage Fund?
Kotak Arbitrage Fund is the larger fund: Kotak Arbitrage Fund manages ₹74,848Cr 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 Kotak 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.