Edelweiss Arbitrage Fund
The Scheme seeks to generate income by predominantly investing in arbitrage opportunities in the cash and the derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market instruments.
Growthvine rating: 5/5 — ranked #3 of 38 in category.
Fund basics
| Category | Hybrid: Arbitrage |
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| NAV | ₹20.71 (as of 2026-08-21) |
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| AUM | ₹15,062 Cr |
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| Expense ratio | 0.90% |
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| Riskometer | Low |
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| Fund manager | Bhavesh Jain |
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| Exit load | 0.25% for redemption within 15 days |
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Performance & risk
| 5-year annualised return | 6.18% |
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| Sharpe ratio | 1.75 |
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| Standard deviation | 0.53% |
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| Max drawdown | -0.54% |
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| Alpha | 0 |
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| Beta | 0 |
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Over 5 years, captured 27.8% of NIFTY Multi Asset - Equity : Arbitrage : REITs/InvITs (50:40:10) Index's upside and -25.9% of its downside.
Market cap allocation
Concentration
| Top 5 holdings | 0.0% |
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| Top 10 holdings | 0.0% |
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| Total holdings | 161 |
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Top holdings
- Net Receivables/Payables (FnO) — 66.9%
- EDELWEISS LIQUID FUND - DIRECT PL -GR — 9.0%
- EDELWEISS MONEY MARKET FUND - DIRECT PL — 3.8%
- HDFC Bank Ltd. — 3.0%
- ICICI Bank Ltd. — 2.7%
- Reliance Industries Ltd — 2.2%
- Clearing Corporation of India Ltd. — 2.0%
- Adani Energy Solutions Limited — 1.9%
- SIDBI CD RED 04-02-2027# — 1.9%
- Bharti Airtel Ltd. — 1.9%
Top sectors
- Agricultural & Farm Machinery — 0.0%
- Automobile — 0.0%
- Aerospace & Defence — 0.0%
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | 3.9% | Q2 | #14 of 35 |
| 2025 | 6.3% | Q2 | #12 of 31 |
| 2024 | 7.7% | Q1 (Top) | #3 of 27 |
| 2023 | 7.1% | Q1 (Top) | #7 of 25 |
| 2022 | 4.4% | Q1 (Top) | #4 of 21 |