Compare
NAVs as of 20 Aug 2026
Growth of ₹100 (rebased over the selected window)
Common period 19 Dec 2018 – 20 Aug 2026, limited by Tata Arbitrage Fund. Every series is rebased to ₹100 at the start of this window.
View as table
| Date | BANDHAN Arbitrage Fund | Tata Arbitrage Fund | Kotak Arbitrage Fund | Invesco India Arbitrage Fund |
|---|---|---|---|---|
| 19 Dec 2018 | ₹100.00 | ₹100.00 | ₹100.00 | ₹100.00 |
| 09 Aug 2019 | ₹104.82 | ₹104.92 | ₹104.58 | ₹104.40 |
| 30 Mar 2020 | ₹108.59 | ₹109.54 | ₹108.58 | ₹108.53 |
| 18 Nov 2020 | ₹111.39 | ₹112.89 | ₹111.44 | ₹111.47 |
| 10 Jul 2021 | ₹114.57 | ₹116.47 | ₹114.86 | ₹114.64 |
| 28 Feb 2022 | ₹117.76 | ₹119.75 | ₹118.27 | ₹117.93 |
| 20 Oct 2022 | ₹120.85 | ₹122.96 | ₹121.64 | ₹121.82 |
| 10 Jun 2023 | ₹126.55 | ₹128.72 | ₹127.40 | ₹127.83 |
| 29 Jan 2024 | ₹133.13 | ₹135.50 | ₹134.22 | ₹134.63 |
| 19 Sep 2024 | ₹140.01 | ₹142.55 | ₹141.28 | ₹141.60 |
| 10 May 2025 | ₹147.01 | ₹149.72 | ₹148.40 | ₹148.65 |
| 30 Dec 2025 | ₹152.87 | ₹156.03 | ₹154.37 | ₹154.85 |
| 20 Aug 2026 | ₹159.20 | ₹162.75 | ₹161.08 | ₹161.52 |
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 →
| Overlap | BANDHAN Arbitrage Fund | Tata Arbitrage Fund | Kotak Arbitrage Fund | Invesco India Arbitrage Fund |
|---|---|---|---|---|
| BANDHAN Arbitrage Fund | ||||
| Tata Arbitrage Fund | ||||
| Kotak Arbitrage Fund | ||||
| Invesco India Arbitrage Fund |
BANDHAN Arbitrage Fund and Tata Arbitrage Fund duplicate 71% of their equity book — holding both adds concentration, not diversification.
Shared holdings — BANDHAN Arbitrage Fund vs Tata Arbitrage Fund
| Stock | BANDHAN Arbitrage Fund | Tata Arbitrage Fund | |
|---|---|---|---|
| HDFC Bank Ltd | 6.07% | 12.05% | 6.07% |
| Reliance Industries Ltd | 3.06% | 3.80% | 3.06% |
| ICICI Bank Ltd | 2.45% | 2.65% | 2.45% |
| Vodafone Idea Ltd | 4.09% | 2.37% | 2.37% |
| JSW Steel Ltd | 2.22% | 2.08% | 2.08% |
| Jio Financial Services Limited | 2.41% | 1.95% | 1.95% |
| Bajaj Finance Ltd | 2.06% | 1.86% | 1.86% |
| Kotak Mahindra Bank Ltd | 2.61% | 1.62% | 1.62% |
| State Bank of India | 1.68% | 1.61% | 1.61% |
| Bharat Electronics Ltd | 1.45% | 1.67% | 1.45% |
| Canara Bank | 1.40% | 1.50% | 1.40% |
| TVS Motor Company Ltd | 1.36% | 1.98% | 1.36% |
| Zomato Ltd | 1.28% | 1.76% | 1.28% |
| Hindustan Unilever Ltd | 1.22% | 1.58% | 1.22% |
| Adani Transmission Ltd | 1.18% | 1.40% | 1.18% |
127 more stocks in common. 142 shared of 160 / 154 positions. Weights are shown as a share of each fund's equity book.
| Metric | Bandhan · Direct NAV ₹37.68 Moderately High risk ★★★☆☆ | Tata · Direct NAV ₹16.27 Moderately High risk ★★★★☆ | Kotak Mahindra · Direct NAV ₹43.07 Moderately High risk ★★★★☆ | Invesco · Direct NAV ₹37.14 Moderately High risk ★★★★★ | Category median Arbitrage Fund · 40 funds |
|---|---|---|---|---|---|
| +6.40% | +6.71% | +6.64% | +6.70% | +6.54% | |
| +7.38% | +7.55% | +7.55% | +7.52% | +7.35% | |
| +6.66% | +6.78% | +6.86% | +6.97%Best in row | +6.66% | |
| +6.35% | — | +6.48% | +6.47% | +6.35% | |
| +6.92% | +6.56% | +7.08%Best in row | +6.95% | +6.68% | |
| +7.13% | +7.29% | +7.30% | +7.35% | — | |
| +6.60% | +6.37% | +6.74% | +6.67% | +6.53% | |
| +6.38% | +6.38% | +6.50% | +6.44% | +6.26% | |
| +6.50% | — | +6.64% | +6.58% | +6.52% | |
| Risk | |||||
| 0.96% | 0.92% | 0.99% | 0.97% | 1.02% | |
| 0.92 | 1.14Best in row | 1.05 | 1.06 | 0.79 | |
| 1.42 | 1.79Best in row | 1.64 | 1.64 | 1.20 | |
| -0.75% | -0.57% | -0.57% | -0.52% | -0.57% | |
| 1.67%Best in row | 1.70% | 2.40% | 2.31% | 1.46% | |
| ₹8,114Cr | ₹22,684Cr | ₹70,783Cr | ₹27,818Cr | ₹1,250Cr | |
| Up to 0.25% | 0.25% | Up to 0.25% | 0.50% | — | |
| ₹100 | ₹150 | ₹100 | ₹500 | — | |
| ₹100 | ₹5.00K | ₹100 | ₹1.00K | — | |
| 168% | 1312% | 402% | 455% | 937% | |
| Brijesh Shah | Sailesh Jain · 7.7y | Hiten Shah | Deepak Gupta · 4.8y | — | |
| 17 Jan 2013 | 19 Dec 2018 | 07 Jan 2013 | 02 Jan 2013 | — | |
| 160 | 154 | 176 | 175 | — | |
| 21.2% | 21.9% | 19.7% | 22.3% | — | |
| 75.7% | 68.8% | 73.8% | 77.4% | — | |
6 rows carry the same value for every fund — show
- 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.