Edelweiss Arbitrage Fund
This is the Direct plan of Edelweiss Arbitrage Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.
NAV history
Scorecard
★★★★☆4/5 vs 26 of 39 Arbitrage Fund peers- Performance 60%
- Risk 15%
- Cost 10%
- Downside 15%
How this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Arbitrage Fund (same plan and option). 26 of the 39 Arbitrage Funds in this cohort carry the full record the stars need, so they are the ones ranked against.
3Y CAGR +7.39% · ranks 5 of 26 Arbitrage Funds
Volatility 1.0% vs 1.3% category avg
1.6% expense vs 1.5% category avg
100% of rolling 3Y windows were positive
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
- Stronger risk-adjusted returns — Sharpe 0.85 vs 0.62 Arbitrage Fund average
- Less volatile than its Arbitrage Fund peers (1.0% vs 1.3%)
- Consistent — positive in 100% of rolling 3-year windows
Concerns
No significant concerns identified.
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk
Fund vs category average (Arbitrage Fund)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | +0.25% | +0.25% | 0.00% |
| 3M abs | +1.48% | +1.50% | -0.02% |
| 6M abs | +3.23% | +3.15% | +0.08% |
| 1Y CAGR | +6.67% | +6.58% | +0.09% |
| 3Y CAGR | +7.39% | +7.18% | +0.21% |
| 5Y CAGR | +6.90% | +6.62% | +0.28% |
Category average across peers in Arbitrage Fund (up to 39 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Category rank
Vs 39 peers in Arbitrage Fund
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
60 monthly installments of ₹10,000 into Edelweiss Arbitrage Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | |
|---|---|---|
| 2026part | +4.88% | |
| 2025 | +7.07% | |
| 2024 | +8.44% | |
| 2023 | +7.89% | |
| 2022 | +5.11% | |
| 2021 | +4.58% | |
| 2020 | +5.25% | |
| 2019 | +6.95% | |
| 2018 | +6.79% | |
| 2017 | +6.52% |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.
Taxation
Taxed as equityThis is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.
Flat, on the whole gain
On gains above ₹1.25 L per financial year
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Equity69.72%
- Debt16.35%
- Other12.31%
- Cash & Equivalents1.62%
Cash & cash-like: 27.73% — the 1.62% above plus treasury bills, certificates of deposit, commercial paper and TREPS, which the allocation files under Debt but the market counts as cash-equivalent.
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹15,516Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.
AMC Profile
Edelweiss Mutual Fund is the asset management arm of the Edelweiss Group. It absorbed JPMorgan's Indian schemes in 2016, and is known for running most of the industry's overseas feeder funds alongside its domestic equity and debt range.
Fund Managers
BJBhavesh JainManaging since 27 Jun 2014
Fund Manager & Co-head, Factor Investing
Master’s in management studies (Finance) from the Mumbai University.
Mr. Bhavesh Jain has Not a total work applicable, experience of over 17 as the years in the equity scheme is a market segment. He new has been associated scheme. with the AMC for over 14 years. Currently, he is co-head for hybrid and solution funds and manages various schemes of AMC and is a key person. He was previously associated with Edelweiss Securities Limited as SGX Nifty Arbitrage Trader.
- Edelweiss Aggressive Hybrid Fund
- Edelweiss ASEAN Equity Off-shore Fund
- Edelweiss Balanced Advantage Fund
- Edelweiss Balanced Advantage Fund
- Edelweiss BSE Capital Markets & Insurance ETF - Growth
- Edelweiss BSE Internet Economy Index Fund
- Edelweiss BSE LargeMid (60:40) Stable Dividend 50 ETF
- Edelweiss BSE Sensex ETF - Growth
- Edelweiss BSE Top 10 Bank ETF
- Edelweiss Business Cycle Fund
- Edelweiss Emerging Markets Opportunities Equity Offshore Fund
- Edelweiss Equity Savings Fund
- Edelweiss Europe Dynamic Equity Offshore Fund
- Edelweiss Gold and Silver ETF FOF
- Edelweiss Greater China Equity Off-shore Fund
- Edelweiss Income Plus Arbitrage Omni Fund of Funds
- Edelweiss Large Cap Fund
- Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund
- Edelweiss Multi Asset Allocation Fund
- Edelweiss Multi Asset Omni Fund of Fund
- Edelweiss Nifty 100 Quality 30 Index Fund
- Edelweiss Nifty 50 ETF - Growth
- Edelweiss Nifty 50 Index Fund
- Edelweiss Nifty Alpha Low Volatility 30 Index Fund
- Edelweiss Nifty Bank ETF - Growth
- Edelweiss NIFTY Large Mid Cap 250 Index Fund
- Edelweiss Nifty LargeMidcap 250 ETF - Growth
- Edelweiss Nifty LargeMidcap250 Plus 8-13yr G-Sec 70:30 Index Fund
- Edelweiss Nifty LargeMidcap250 Plus 8-13yr G-Sec 70:30 Index Fund
- Edelweiss Nifty Metal ETF
- Edelweiss Nifty Midcap150 Momentum 50 Index Fund
- Edelweiss Nifty Next 50 ETF
- Edelweiss Nifty Next 50 Index Fund
- Edelweiss Nifty Smallcap 250 Index Fund
- Edelweiss Nifty500 Multicap Momentum Quality 50 ETF - Growth
- Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund
- Edelweiss Recently Listed IPO Fund (Formerly known as Edelweiss Maiden Opportunities Fund - Series 1)
- Edelweiss Silver ETF Fund of Fund
- Edelweiss Us Technology Equity Fund of Fund
- Edelweiss US Value Equity Offshore Fund
AVAmit VoraManaging since 06 Nov 2024
Dealer – Equity and dedicated fund manager for investment in foreign securities
years B. Com
Mr. Amit Vora, is a Bachelor of Commerce from the University of Mumbai and has more than 19 years of experience in the financial services sector as a Trader. Prior to joining Edelweiss 5. Asset Management Limited he was associated with Antique Stock Broking Ltd., D. E. Shaw India Securities Pvt. Ltd., Derivium Tradition Securities India Pvt. Ltd and Tower Capital and Securities Pvt. Ltd
- Edelweiss Business Cycle Fund
- Edelweiss Consumption Fund
- Edelweiss Financial Services Fund
- Edelweiss Focused Fund
- Edelweiss Gold ETF
- Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund
- Edelweiss Multi Asset Allocation Fund
- Edelweiss Multi Cap Fund
- Edelweiss Silver ETF
- Edelweiss Equity Savings Fund - Direct Plan - Growth
- Edelweiss Technology Fund - Direct Plan - Growth
RDRahul DedhiaManaging since 15 Jan 2026
Fund Manager
B.E (Electronics) years from Mumbai University and MBA (Finance) from MET College Mumbai
Mr. Rahul Dedhia has over 15 years of experience in fixed income market including 13 years in the mutual fund industry. Prior to joining Edelweiss AMC, Mr. Dedhia was associated as Assistant Fund Manager with DHFL Pramerica Mutual Fund from March 2016 to October 2017 and with Deutsche Asset Management (India) Pvt. Ltd from July 2014 to March 2016. He has an experience
- Bharat Bond FoF - April 2030
- Bharat Bond FOF - April 2031
- Edelweiss Balanced Advantage Fund
- Edelweiss Balanced Advantage Fund
- Edelweiss Equity Savings Fund
- Edelweiss Income Plus Arbitrage Omni Fund of Funds
- Edelweiss Liquid Fund - Retail Plan - Growth Option
- Edelweiss Multi Asset Allocation Fund
- Edelweiss Ultra Short Term Fund
- Edelweiss Ultra Short to Short Term Fund
- Bharat Bond ETF - April 2030
- BHARAT Bond ETF - April 2032
- BHARAT Bond ETF - April 2033
- BHARAT Bond ETF FOF - April 2032 - Direct Plan - Growth
- BHARAT Bond ETF FOF - April 2033 - Direct Plan - Growth
- BHARAT Bond ETF- April 2025
- BHARAT Bond ETF- April 2031
- Edelweiss Aggressive Hybrid Fund - Direct Plan - growth
- Edelweiss Banking and PSU Debt Fund - Direct Plan - Growth
- Edelweiss CRISIL IBX 50:50 Gilt Plus SDL April 2037 Index Fund - Direct Plan - Growth
- Edelweiss CRISIL IBX 50:50 Gilt Plus SDL June 2027 Index Fund - Direct Plan - Growth
- Edelweiss CRISIL IBX 50:50 Gilt Plus SDL Sep 2028 Index Fund - Direct Plan - Growth
- Edelweiss CRISIL IBX 50:50 Gilt Plus SDL Short Duration Index Fund - Direct Plan - Growth
- Edelweiss CRISIL IBX AAA Bond NBFC HFC Jun 2027 Index Fund - Direct Plan - Growth
- Edelweiss CRISIL IBX AAA Financial Services Bond - Jan 2028 Index Fund - Direct Plan - Growth
- Edelweiss CRISIL PSU Plus SDL 50:50 Oct 2025 Index Fund - Direct Plan - Growth
- Edelweiss Money Market Fund - Direct Plan - Growth
- Edelweiss Nifty 1D Rate Liquid ETF - Growth
- Edelweiss Nifty PSU Bond Plus SDL Apr 2026 50:50 Index Fund - Direct Plan - Growth
- Edelweiss NIFTY PSU Bond Plus SDL Apr 2027 50:50 Index Fund - Direct Plan - Growth
- Edelweiss Overnight Fund - Direct Plan - Growth
HRHetul RavalManaging since 22 Sep 2025
Dealer Fixed Income
11 years
B.Com from Mumbai University and Master of Management Studies.
Mr. Hetul Raval has completed his MMS in Finance and has almost 12 market. His prior associations have been with A. K. Capital Finance Ltd., A.K. Stockmart Pvt. Ltd. and Kotak Mahindra Bank Ltd. where he was responsible for dealing activities in the debt segment.
- BHARAT Bond ETF FOF - April 2032
- BHARAT Bond ETF FOF - April 2033
- Edelweiss Income Plus Arbitrage Omni Fund of Funds
- Edelweiss Money Market Fund
- Edelweiss Nifty 1D Rate Liquid ETF - Growth
- Edelweiss Nifty LargeMidcap250 Plus 8-13yr G-Sec 70:30 Index Fund
- Edelweiss Nifty LargeMidcap250 Plus 8-13yr G-Sec 70:30 Index Fund
- Edelweiss Overnight Fund
- Bharat Bond ETF - April 2030
- BHARAT Bond ETF - April 2032
- BHARAT Bond ETF - April 2033
- BHARAT Bond ETF- April 2031
- Edelweiss Banking and PSU Debt Fund - Direct Plan - Growth
- Edelweiss CRISIL IBX 50:50 Gilt Plus SDL April 2037 Index Fund - Direct Plan - Growth
- Edelweiss CRISIL IBX 50:50 Gilt Plus SDL June 2027 Index Fund - Direct Plan - Growth
- Edelweiss CRISIL IBX 50:50 Gilt Plus SDL Sep 2028 Index Fund - Direct Plan - Growth
- Edelweiss CRISIL IBX 50:50 Gilt Plus SDL Short Duration Index Fund - Direct Plan - Growth
- Edelweiss CRISIL IBX AAA Bond NBFC HFC Jun 2027 Index Fund - Direct Plan - Growth
- Edelweiss CRISIL IBX AAA Financial Services Bond - Jan 2028 Index Fund - Direct Plan - Growth
- Edelweiss Liquid Fund - Direct Plan - Growth
- Edelweiss Nifty PSU Bond Plus SDL Apr 2026 50:50 Index Fund - Direct Plan - Growth
- Edelweiss NIFTY PSU Bond Plus SDL Apr 2027 50:50 Index Fund - Direct Plan - Growth
Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.
Explore from here
Edelweiss in the news
Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.
Can markets rally despite weak fundamentals? Radhika Gupta says trust remains crucial
The Economic Times · 6d ago
Nifty REITs & Realty TRI - Benchmark Returns & Mutual Funds
Multibagg AI · 8d ago
Edelweiss Mutual Fund has declared income distribution under its few schemes
Value Research · 11d ago
The Money Question: Don't Ask, Should I Buy An SIF? Edelweiss Mutual Fund's Radhika Gupta Suggests This Strategy
outlookmoney.com · 12d ago
Passive debt funds double market share in debt MF assets; UTI, Nippon, Edelweiss MF lead the shift
cafemutual.com · 20d ago
NFO Alert: Edelweiss Mutual Fund’s Altiva SIF launches equity long-short fund
The Economic Times · 25d ago
Edelweiss MF’s new SIF opens for subscription: What investors should know
CNBC TV18 · 25d ago
Biggest wealth destroyer is not poor performance, but constant search for better returns, says Radhika Gup
The Economic Times · 26d ago
Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
About Arbitrage funds
Arbitrage funds profit from small price gaps between the cash and futures markets rather than from market direction. Returns are usually modest and cash-like, but they are taxed as equity.
Frequently asked questions
What is the NAV of Edelweiss Arbitrage Fund?
As of 01 Oct 2026, the NAV of Edelweiss Arbitrage Fund is ₹22.51 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Edelweiss Arbitrage Fund delivered?
Edelweiss Arbitrage Fund has returned +6.67% over 1 year, +7.39% per year over 3 years, +6.90% per year over 5 years and +6.84% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What is the expense ratio of Edelweiss Arbitrage Fund?
Edelweiss Arbitrage Fund charges an expense ratio of 1.58% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
What are the top holdings of Edelweiss Arbitrage Fund?
Edelweiss Arbitrage Fund's largest holdings are EDELWEISS LIQUID FUND - DIRECT PL -GR (7.6%), HDFC Bank Ltd. (4.4%), EDELWEISS MONEY MARKET FUND - DIRECT PL (3.9%), ICICI Bank Ltd. (2.5%) and Vodafone Idea Ltd. (2.1%). Holdings are disclosed monthly and change over time.
How risky is Edelweiss Arbitrage Fund?
Edelweiss Arbitrage Fund is rated moderately high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 1.0% and its worst peak-to-trough fall in our sample was -0.5%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What does the Sharpe ratio of 0.85 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Edelweiss Arbitrage Fund's 0.85 means it has rewarded its volatility with excess return. Higher is better.
What is the benchmark of Edelweiss Arbitrage Fund?
Edelweiss Arbitrage Fund is benchmarked against the Nifty 50 Arbitrage PR Index. Its alpha and beta on this page are measured against that index.
Who manages Edelweiss Arbitrage Fund?
Edelweiss Arbitrage Fund is managed by Bhavesh Jain, Amit Vora, Rahul Dedhia and Hetul Raval at Edelweiss.
How is Edelweiss Arbitrage Fund taxed?
Edelweiss Arbitrage Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.