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 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 | Kotak Arbitrage Fund | Edelweiss Arbitrage Fund |
|---|---|---|
| 30 Jun 2014 | ₹100.00 | ₹100.00 |
| 05 Jul 2015 | ₹109.21 | ₹109.70 |
| 09 Jul 2016 | ₹116.81 | ₹117.46 |
| 14 Jul 2017 | ₹124.75 | ₹125.66 |
| 18 Jul 2018 | ₹133.24 | ₹134.39 |
| 23 Jul 2019 | ₹142.75 | ₹144.09 |
| 27 Jul 2020 | ₹150.90 | ₹153.09 |
| 01 Aug 2021 | ₹157.95 | ₹160.15 |
| 06 Aug 2022 | ₹164.67 | ₹167.05 |
| 11 Aug 2023 | ₹176.97 | ₹179.41 |
| 14 Aug 2024 | ₹192.42 | ₹194.85 |
| 19 Aug 2025 | ₹206.86 | ₹209.46 |
| 24 Aug 2026 | ₹221.16 | ₹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 →
Kotak Arbitrage Fund and Edelweiss Arbitrage Fund duplicate 72% 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 | 5.14% | 4.93% | 4.93% |
| HDFC Bank Ltd | 3.75% | 5.56% | 3.75% |
| Reliance Industries Ltd | 3.74% | 3.06% | 3.06% |
| Vodafone Idea Ltd | 2.57% | 2.84% | 2.57% |
| Bajaj Finance Ltd | 2.51% | 2.83% | 2.51% |
| Axis Bank Ltd | 2.30% | 2.11% | 2.11% |
| Zomato Ltd | 1.48% | 1.77% | 1.48% |
| Maruti Suzuki India Ltd | 1.54% | 1.47% | 1.47% |
| Hindalco Industries Ltd | 1.81% | 1.37% | 1.37% |
| Hindustan Unilever Ltd | 1.60% | 1.36% | 1.36% |
| NTPC Ltd | 1.66% | 1.34% | 1.34% |
| Adani Power Ltd | 1.19% | 1.51% | 1.19% |
| JSW Steel Ltd | 1.17% | 1.90% | 1.17% |
| Kotak Mahindra Bank Ltd | 2.02% | 1.16% | 1.16% |
| Yes Bank Ltd | 1.11% | 1.33% | 1.11% |
143 more stocks in common. 158 shared of 176 / 167 positions. Weights are shown as a share of each fund's equity book.
| Metric | Kotak Mahindra · Direct NAV ₹43.13 Moderately High risk ★★★★☆ | Edelweiss · Direct NAV ₹22.40 Moderately High risk ★★★★☆ | Category median Arbitrage Fund · 40 funds |
|---|---|---|---|
| +6.70% | +6.69% | +6.58% | |
| +7.54% | +7.53% | +7.35% | |
| +6.90% | +6.87% | +6.69% | |
| +6.48% | +6.56% | +6.36% | |
| +7.08%Best in row | +6.86% | +6.63% | |
| +7.31% | +7.29% | — | |
| +6.74%Best in row | +6.55% | +6.54% | |
| +6.50%Best in row | +6.35% | +6.25% | |
| Risk | |||
| 1.00% | 0.97% | 1.02% | |
| 1.04 | 1.06 | 0.78 | |
| 1.62 | 1.64 | 1.18 | |
| -0.57% | -0.53% | -0.57% | |
| 2.40% | 1.67%Best in row | 1.46% | |
| ₹70,783Cr | ₹14,863Cr | ₹1,159Cr | |
| 402% | 1458% | 903% | |
| Hiten Shah | Bhavesh Jain · 12.2y | — | |
| 07 Jan 2013 | 30 Jun 2014 | — | |
| 176 | 167 | — | |
| 19.7% | 21.5% | — | |
| 73.8% | 71.9% | — | |
10 rows carry the same value for every fund — show
- 10Y rolling avg
- +6.64%
- 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 +7.54% CAGR against Edelweiss Arbitrage Fund's +7.53%, computed from AMFI NAV history. Over 5 years: Kotak Arbitrage Fund +6.90% vs Edelweiss Arbitrage Fund +6.87% 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 2.40% 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 — Kotak Arbitrage Fund or Edelweiss Arbitrage Fund?
Kotak Arbitrage Fund has shown higher volatility (+1.00% annualized vs Edelweiss Arbitrage Fund's +0.97%), 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 ₹70,783Cr 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 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.