Edelweiss Arbitrage Fund Direct IDCW NAV today
AMFI: 130209ISIN: INF754K01EB2MUTF_IN: EDEL_ARBI_FUND_1LL5V13Edelweiss Mutual FundArbitrage funds
NAV ₹16.1819
NAV for 23 Oct 2026. Declared once a day.
- Fund sizeAssets under management. The money the fund manages for all its investors, across every plan, at the end of the month.
- ₹14,250 CrSep 2026
- Expense ratioTotal expense ratio. What the fund charges each year as a share of the money invested, taken out of the NAV every day, so the returns shown are already after it.
- 1.53%19 Oct 2026
- Exit loadExit load. A charge, as a share of the amount redeemed, on units sold before a set period has passed since they were bought.
- 0.25%if sold within 15 days
- P/EP/E. What the fund pays for each rupee of yearly profit its companies earn: the total value of its shares divided by those companies' last four quarters of profit, each in proportion to what the fund holds. The profit leaves out one-off items (exceptional items and businesses sold or demerged), so one company's one-off gain cannot make the fund look cheap. A loss-making company lowers the profit. Shown when at least 80% of the fund's shares are counted.
- 20.330 Sep 2026
- Risk levelRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- LowAug 2026
- HoldingsHoldings. The number of different securities in the fund's latest monthly portfolio: shares, bonds, money market paper and units of other funds, not cash, overnight lending or futures.
- 19930 Sep 2026
- Offer openedNew fund offer opened. The day the fund's new fund offer opened for investors to apply; units are allotted when it closes.
- 12 Jun 2014
Edelweiss Arbitrage Fund returns
Read from the direct plan's growth option: an IDCW plan's NAV falls by every payout, so it carries no return of its own
Over each window to 23 Oct 2026
| Over | ReturnTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back. | Rank in categoryRank in category. The fund's place among the funds of its category with a return over the same window, highest return first. | Category medianCategory median. The middle return of the funds in the category over the same window: half returned more, half less. | Middle halfMiddle half of the category. The returns of the fund a quarter of the way down the category and the fund a quarter of the way up, over the same window: half the category's funds returned between the two. |
|---|---|---|---|---|---|
| 1 week | +0.21% | +0.03% | – | – | – |
| 1 month | +0.61% | +0.67% | 28 of 40 | +0.65% | +0.6% to +0.7% |
| 3 months | +1.65% | +1.81% | 31 of 39 | +1.70% | +1.7% to +1.7% |
| 6 months | +3.28% | +3.41% | 18 of 38 | +3.27% | +3.2% to +3.3% |
| 1 year | +6.82% | +7.43% | 14 of 34 | +6.78% | +6.6% to +6.9% |
| 3 years | +7.40% | +7.43% | 5 of 26 | +7.29% | +7.1% to +7.3% |
| 5 years | +6.96% | +6.78% | 3 of 24 | +6.77% | +6.6% to +6.9% |
| 10 years | +6.54% | +5.61% | 1 of 15 | +6.35% | +6.2% to +6.5% |
₹10,000 put in on 30 Jun 2014 is ₹22,612 at the NAV of 23 Oct 2026Growth of ₹10,000. What ₹10,000 put in at the NAV of the first day would be worth at the latest NAV, after the fund's expenses and before tax and any exit load.Over a year and longer, a return is the yearly rate. Benchmark: Nifty 50 Arbitrage Index, over the same days as the fund. Rank, median and middle half among the Direct plans of Arbitrage funds, each fund's return to its latest NAV on or before 25 Oct 2026.
At the month end, 30 Sep 2026
| Over | FundTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | BenchmarkBenchmark return. The change in the benchmark index's total return level over the same dates as the fund's return, as a yearly rate over a year and longer. |
|---|---|---|
| 1 year | +6.71% | +7.33% |
| 3 years | +7.39% | +7.42% |
| 5 years | +6.90% | +6.69% |
| 10 years | +6.52% | +5.60% |
| Since launch | +6.84% | +5.94% |
Benchmark: Nifty 50 Arbitrage Index. Both as the fund house states them for the month.
Return in each calendar year
- Fund, Direct GrowthCalendar year return. The change in NAV from the last NAV of one year to the last NAV of the next.
- Nifty 50 Arbitrage IndexBenchmark return. The change in the benchmark index's total return level over the same dates as the fund's return, as a yearly rate over a year and longer.
Highest year to Dec 2024, +8.4%; lowest year to Dec 2021, +4.6%Above the benchmark in 9 of 11 years
Edelweiss Arbitrage Fund SIP returns
₹10,000 on the 1st of every month, valued at the NAV of 23 Oct 2026
| Period | InvestedAmount invested. ₹10,000 on the 1st of every month, or the next day the fund priced, added up over the period. | Value todayValue today. What the units bought by every instalment are worth at the latest NAV. | Invested against value today | SIP returnSIP return (XIRR). The yearly rate that, applied to each monthly instalment from the day it was invested, gives the value of all the units today. | After stamp dutySIP return after stamp duty. The same SIP return with stamp duty of 0.005% taken from every instalment since 1 Jul 2020, so ₹10,000 buys ₹9,999.50 of units. | Stamp dutyStamp duty paid. The stamp duty on all the instalments, in rupees: 0.005% of each purchase made since 1 Jul 2020. |
|---|---|---|---|---|---|---|
| 1 year12 instalments | ₹1,20,000 | ₹1,24,163₹1,24,157 after stamp duty | +6.79% | +6.78% | ₹6 | |
| 3 years36 instalments | ₹3,60,000 | ₹3,99,979₹3,99,959 after stamp duty | +7.06% | +7.06% | ₹18 | |
| 5 years60 instalments | ₹6,00,000 | ₹7,19,438₹7,19,402 after stamp duty | +7.26% | +7.25% | ₹30 | |
| 10 years120 instalments | ₹12,00,000 | ₹16,87,952₹16,87,904 after stamp duty | +6.66% | +6.66% | ₹38 | |
| Since Jun 2014148 instalments | ₹14,80,000 | ₹22,64,614₹22,64,566 after stamp duty | +6.66% | +6.66% | ₹38 |
From the Direct Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Rolling returns
Per cent a year, every window from 30 Jun 2014 to 23 Oct 2026
Lowest to highestAverage
LowestLowest rolling return. The worst yearly return of any window of this length in the fund's history, one window starting on each day it priced.AverageAverage rolling return. The average of the yearly returns of every window of this length in the fund's history.HighestHighest rolling return. The best yearly return of any window of this length in the fund's history.Ended higherWindows that ended higher. The share of all the windows of this length in which the NAV ended above where it started.
1 year2,791 windows+3.5%+6.7%+9.6%100.0%
3 years2,298 windows+4.8%+6.6%+7.9%100.0%
5 years1,805 windows+5.6%+6.4%+7.5%100.0%
10 years574 windows+6.5%+6.6%+6.8%100.0%
Every 1, 3, 5 and 10-year window ended higher than it started.From the Direct Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Edelweiss Arbitrage Fund expense ratio and exit load
Per cent of the money invested, a year. Each month shows its last day filed; the parts were redefined from Apr 2026.
- Regular over directDirect and regular plan cost gap. The regular plan's expense ratio less the direct plan's: what buying through a distributor costs each year, since both plans own the same portfolio.
- 0.67 ptsA year, on 19 Oct 2026
- Direct, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 1.55%Over the last 30 days filed
- Regular, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 2.22%Over the last 30 days filed
Total expense ratio, month by month
- Regular plan
- Direct plan
Direct plan highest 2.69%, Apr 2026.Direct plan lowest 0.27%, Mar 2019.
What the expense ratio is made of
| Part | Direct | Regular |
|---|---|---|
| Base expense ratioBase expense ratio. The part of the expense ratio that pays the fund house and the distributor, before brokerage, transaction costs, levies and GST. | 0.33% | 0.90% |
| Brokerage | 0.12% | 0.12% |
| Transaction costs | 0.05% | 0.05% |
| Statutory levies | 1.03% | 1.13% |
Per cent of assets a year, filed for 19 Oct 2026. The parts add up to that day's total.
Exit load, in the fund house's words
Exit Load: • 0.25% if units are redeemed/switched out on or before 15 days from the date of allotment • Nil if units are redeemed/switched out after 15 days
Buying and selling
- Lump-sum purchases
- Accepted
- Minimum investmentMinimum investment. The smallest amount the plan accepts for a first purchase.
- ₹100
- Minimum top-up
- ₹100
- Minimum redemption
- ₹1
- SIP
- Accepted
- SIP instalments, at least
- D - 15; W - 6; F - 6; M - 6; Q - 6
- STP, transfers to another fund
- Not accepted
- SWP, regular withdrawals
- Accepted
- Switches
- Accepted
- Lock-inLock-in. The time after each purchase during which those units cannot be sold.
- None
- SIP minimum
- D - 100; W - 100; F - 100; M - 100; Q - 100
- SIP dates
- D - 01,02,03,04,05,06,07,08,09,10,11,12,13,14,15,16,17,18,19,20,21,22,23,24,25,26,27; W - 7,14,21,28; F - 10,25; M - 01,02,03,04,05,06,07,08,09,10,11,12,13,14,15,16,17,18,19,20,21,22,23,24,25,26,27; Q - 01,02,03,04,05,06,07,08,09,10,11,12,13,14,15,16,17,18,19,20,21,22,23,24,25,26,27
As listed for this plan on 24 Oct 2026.
Edelweiss Arbitrage Fund AUM
₹ crore, every plan of the fund together.
- Average assetsAverage assets under management. The money the fund managed, averaged over every day of the quarter, added up across its plans.
- ₹14,904 CrQuarter to Sep 2026
- In the direct plansShare of assets in the direct plans. The direct plans' average assets for the quarter as a percentage of the fund's total; the rest is in the regular plans, bought through distributors.
- 72.5%Of the quarter's average
Average assets by quarter, by plan
- Regular plans
- Direct plans
Largest ₹16,632 Cr, quarter to Dec 2025.
Assets at each month end
Highest ₹16,720 Cr, Nov 2025.Lowest ₹2,387 Cr, Mar 2020.
Edelweiss Arbitrage Fund portfolio
Portfolio disclosed for 30 Sep 2026.
Holdings on 30 Sep 2026
| Large, mid and small cap. Companies ranked by average market value over six months: the first 100 are large cap, the next 150 mid cap, the rest small cap, by the list in force for the portfolio's month. | Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | Yield to maturity. The yearly return the fund's bonds would earn if each were held to maturity at today's price, weighted by what the fund holds of each. | Held since. The first month end of the fund's current run of holding this position; marked "or earlier" where that month is the fund's first portfolio on record or the first after a gap in its portfolios. | ||||
|---|---|---|---|---|---|---|---|
| Edelweiss Liquid Fund | Fund units | 7.91% | 1,127.63 | 30,61,665 | – | Feb 2024 | |
| ICICI BankBanks | Shares | Large cap5th | 5.42% | 772.26 | 58,42,900 | – | Apr 2020 |
| HDFC BankBanks | Shares | Large cap2nd | 5.01% | 713.42 | 1,00,66,550 | – | Mar 2021 |
| Edelweiss Money Market Fund | Fund units | 4.08% | 581.31 | 17,10,39,989 | – | Aug 2024 | |
| Reliance IndustriesPetroleum Products | Shares | Large cap1st | 2.66% | 379.42 | 31,96,500 | – | Apr 2018 |
| Adani Energy SolutionsPower | Shares | Large cap63rd | 2.01% | 286.53 | 21,79,575 | – | Nov 2024 |
| SIDBI CD RED 11-06-2027CRISIL A1+, repaid 11 Jun 2027 | Bonds and bills | 2.00% | 285.27 | 3,00,00,000 | 7.45% | Aug 2026 | |
| Indus TowersTelecom - Services | Shares | Large cap92nd | 1.71% | 244.07 | 65,39,900 | – | May 2023 |
| Adani EnterprisesMetals & Minerals Trading | Shares | Large cap28th | 1.61% | 229.40 | 7,90,113 | – | Feb 2026 |
| Vodafone IdeaTelecom - Services | Shares | Large cap83rd | 1.61% | 229.55 | 17,72,58,000 | – | May 2020 |
| Axis BankBanks | Shares | Large cap15th | 1.53% | 218.53 | 17,82,500 | – | Jul 2021 |
| Bharti AirtelTelecom - Services | Shares | Large cap3rd | 1.50% | 214.07 | 12,18,375 | – | Oct 2023 |
| NTPCPower | Shares | Large cap20th | 1.37% | 195.20 | 60,48,000 | – | Aug 2023 |
| NMDCMinerals & Mining | Shares | Mid cap142nd | 1.35% | 192.45 | 2,51,43,750 | – | Nov 2022 |
| CANARA BANK CD RD 29-06-27CRISIL A1+, repaid 29 Jun 2027 | Bonds and bills | 1.33% | 189.81 | 2,00,00,000 | 7.23% | Jul 2026 |
Weight is per cent of the fund's net assets; value in ₹ crore.
Futures and options on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | |||
|---|---|---|---|
| ICICI Bank Ltd.27/10/2026 | −5.45% | −776.52 | −58,42,900 |
| HDFC Bank Ltd.27/10/2026 | −5.02% | −715.06 | −99,93,100 |
| Reliance Industries Ltd.27/10/2026 | −2.56% | −364.87 | −30,61,500 |
| Adani Energy Solutions Ltd.27/10/2026 | −1.90% | −270.76 | −20,44,575 |
| Indus Towers Ltd.27/10/2026 | −1.72% | −244.56 | −65,34,800 |
| Vodafone Idea Ltd.27/10/2026 | −1.61% | −230.08 | −17,72,58,000 |
| Adani Enterprises Ltd.27/10/2026 | −1.42% | −202.42 | −6,97,413 |
| NTPC Ltd.27/10/2026 | −1.36% | −194.26 | −60,48,000 |
| NMDC Ltd.27/10/2026 | −1.35% | −192.27 | −2,51,43,750 |
| Glenmark Pharmaceuticals Ltd.27/10/2026 | −1.31% | −186.42 | −7,90,125 |
| Axis Bank Ltd.27/10/2026 | −1.27% | −180.49 | −14,70,000 |
| Bharti Airtel Ltd.27/10/2026 | −1.19% | −169.09 | −9,57,125 |
| State Bank of India27/10/2026 | −1.17% | −166.77 | −17,24,250 |
| Canara Bank27/10/2026 | −1.16% | −165.68 | −1,37,49,750 |
| TVS Motor Company Ltd.27/10/2026 | −1.11% | −157.78 | −3,80,800 |
Weight is per cent of the fund's net assets; value in ₹ crore.
Cash and receivables on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | ||
|---|---|---|
| Clearing Corporation of India Ltd. | 1.47% | 209.15 |
| Net Receivables/(Payables) | 0.25% | 22.68 |
| Accrued Interest | 0.00% | 0.34 |
Weight is per cent of the fund's net assets; value in ₹ crore.
- Largest holdingLargest holding. The share of the fund in its single largest position, cash and futures not counted as positions.
- 7.91%Edelweiss Liquid Fund
- Top 5 holdingsTop 5 holdings. The share of the fund held in its five largest positions.
- 25.08%
- Top 10 holdingsTop 10 holdings. The share of the fund held in its ten largest positions.
- 34.02%
- Top 10 sharesTop 10 shares. The share of the fund held in its ten largest shareholdings, bonds and fund units left out.
- 24.43%
- Effective holdingsEffective number of holdings. The number of equal-sized positions that would be as concentrated as the fund's actual weights.
- 47.8Taken over 98.28% of the fund
Asset allocation
Asset allocation. What the fund owns, by kind of asset, each as a share of its net assets; futures and options are shown beside it, not in it, since they are contracts rather than assets bought.- Indian shares69.09%
- Bonds and bills16.29%
- Units of other funds12.90%
- Cash and receivables1.72%
- Futures and options, netFutures and options, net. The value of the shares or bonds the fund's contracts are written on, as a share of its net assets, a sold contract counted as a minus: a hedged fund's sold futures offset the shares it holds.−69.49%
- Futures and options, grossFutures and options, gross. The value the fund's contracts are written on, as a share of its net assets, counting each contract as a plus whichever way it faces.69.49%
Per cent of the fund's net assets.
Large, mid and small cap
Large, mid and small cap. Companies ranked by average market value over six months: the first 100 are large cap, the next 150 mid cap, the rest small cap, by the list in force for the portfolio's month.- Large cap74.27%Category 75.59%
- Mid cap21.09%Category 19.51%
- Small cap4.65%Category 4.90%
Per cent of the fund's Indian shares. By the list for the six months to Jun 2026. Category is the average of 40 Arbitrage funds.
Sector allocation
Sector weight. The fund's shares grouped by the business each company is in, less the futures sold on them, each group as a share of the fund's net assets.2sectors
- Services0.00%Category 0.09%
- Chemicals0.00%Category 0.08%
Per cent of the fund's net assets, less the futures sold on its shares, Sep 2026. Category is the average of 40 Arbitrage funds. Category average. The sector's weight, less the futures sold on it, averaged over the 40 Arbitrage funds that disclosed a portfolio for Sep 2026. A fund holding none of the sector counts as 0.
Sector allocation month by month
| 13 months | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Services5 companies | 0.00% | −0.03% | −0.01% | −0.01% | 0.00% | 0.00% | −0.01% | −0.01% | −0.01% | −0.02% | −0.01% | 0.00% | |
| Chemicals4 companies | 0.00% | −0.01% | −0.01% | 0.00% | −0.01% | 0.00% | 0.00% | 0.00% | −0.01% | 0.00% | −0.01% | −0.01% | |
| Capital Goods18 companies | 0.00% | 0.01% | −0.03% | −0.04% | −0.04% | −0.02% | 0.00% | −0.02% | −0.02% | −0.03% | −0.03% | −0.02% | |
| Consumer Services7 companies | 0.00% | 0.01% | 0.00% | −0.01% | −0.02% | −0.03% | 0.00% | 0.00% | 0.00% | −0.01% | −0.01% | −0.01% | |
| Construction3 companies | 0.00% | −0.01% | −0.01% | −0.01% | −0.02% | 0.00% | −0.01% | −0.01% | −0.01% | 0.00% | 0.00% | 0.00% | |
| Textiles1 company | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
| Construction Materials2 companies | 0.00% | −0.01% | 0.00% | −0.01% | −0.01% | −0.01% | 0.00% | 0.00% | −0.01% | 0.00% | −0.01% | 0.00% | |
| Automobile And Auto Components11 companies | −0.01% | 0.01% | −0.01% | −0.03% | −0.01% | −0.03% | 0.00% | −0.02% | −0.02% | −0.01% | −0.01% | −0.02% | |
| Metals & Mining10 companies | −0.01% | −0.06% | −0.02% | −0.03% | −0.08% | −0.03% | −0.05% | −0.18% | −0.03% | 0.07% | −0.73% | −0.04% | |
| Realty5 companies | −0.01% | 0.01% | 0.01% | −0.01% | −0.03% | −0.01% | −0.01% | 0.01% | 0.00% | 0.00% | −0.01% | −0.01% | |
| Information Technology9 companies | −0.01% | 0.01% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | −0.01% | −0.01% | −0.01% | −0.02% | |
| Power7 companies | −0.02% | −0.10% | −0.03% | −0.04% | −0.06% | −0.04% | 0.00% | 0.00% | 0.00% | −0.02% | −0.03% | −0.03% |
Per cent of the fund's net assets, less the futures sold on its shares, at each month end, Oct 2025 to Sep 2026; the line runs from Sep 2025.
- Yield to maturityYield to maturity. The yearly return the fund's bonds would earn if each were held to maturity at today's price, weighted by what the fund holds of each.
- 6.97%Lines stating a yield: 91.72% of the bond book
- Yield after expensesYield after expenses. The yield to maturity less the plan's expense ratio.
- 5.39%Direct plan
- Macaulay durationMacaulay duration. The weighted average time, in years, until the fund's bonds pay back their interest and principal.
- 28days
- Modified durationModified duration. Roughly how much the bonds' value changes, in per cent, for each one point change in interest rates.
- 27days
- Average maturityAverage maturity. The weighted average time, in years, until the fund's bonds are repaid.
- 28days
- Maturity date knownMaturity date known. The share of the bond book, perpetual bonds left out, whose repayment date is known: the bonds the durations and the maturity profile are taken over.
- 100.00%Of the bond book, perpetual bonds left out
- Perpetual bondsPerpetual bonds. Bonds with no maturity date: the issuer pays interest with no fixed day to repay. Their share of the bond book; they are in no duration and no maturity window.
- None
The bond book is the fund's bonds, bills and overnight lending.
Credit rating
Credit rating. A rating agency's grade for how likely the borrower is to repay on time: AAA down to D for loans of over a year, A1+ down to A4 for loans of under a year, two scales that are never compared.Loans of over a year
- Sovereign0.07%
Loans of under a year
- A1+16.22%
Other
- Overnight lending1.47%
Per cent of the fund's net assets. A grade is stated for 100.00% of the bonds.
Maturity profile
Maturity profile. The fund's bonds grouped by how long until each is repaid, as a share of the fund's net assets; a bond with no known maturity date is left off.- Up to 1 month1.54%
- 1 to 3 months0.70%
- 3 to 6 months10.35%
- 6 to 12 months5.17%
- 1 to 3 yearsNone
- 3 to 5 yearsNone
- 5 to 10 yearsNone
- Over 10 yearsNone
Per cent of the fund's net assets, over the bonds whose maturity date is known; perpetual bonds have none.
- Largest borrowerLending to one borrower. The share of the fund lent to a single company or group of companies, government bonds left out.
- 2.18%Indian Bank
- Top 5 borrowersLending to one borrower. The share of the fund lent to a single company or group of companies, government bonds left out.
- 7.73%
- Top 10 borrowersLending to one borrower. The share of the fund lent to a single company or group of companies, government bonds left out.
- 9.09%
Per cent of the fund's net assets. Lent outside the government: 16.22% of the fund, to 9 borrowers; the borrower is named for 56.04% of it, its group for 17.63%.
Bought and sold
Sep 2026 against Aug 2026, position by position.
Positions changed, month by month
- New
- Added
- Trimmed
- Sold out
- New positionsNew positions. Holdings in this month's portfolio that were not in the month before.
- 18648.49% of the fund
- Sold outSold out. Holdings in last month's portfolio that are gone from this one, other than a bond or deposit repaid on its due date.
- 20468.56% of the fund before
- MaturedMatured. Bonds and deposits whose repayment date fell between the two portfolios, so they were repaid rather than sold. One sold in its last days reads the same.
- 1
- Added toAdded to. Holdings with more units than the month before. Where the fund states no units, a weight that rose by more than a tenth.
- 56
- TrimmedTrimmed. Holdings with fewer units than the month before. Where the fund states no units, a weight that fell by more than a tenth.
- 85
- UnchangedUnchanged. Holdings with the same number of units as the month before. Their weight can still move with the price.
- 66
- Traded at leastTraded at least. The smaller of the weight bought in new positions and the weight sold out of old ones, cash left out: the least the fund must have bought and sold in the month.
- 48.49%
- Weight that movedWeight that moved. Half the sum of every position's change in weight between the two month ends, new and sold positions included; price moves alone raise it.
- 75.16%
Changes in Sep 2026
| What changed. New: not held the month before. Added or trimmed: more or fewer units than the month before, or, where no units are stated, a weight that moved by more than a tenth. Sold out: held the month before, gone now. Matured: a bond or deposit whose repayment date fell between the two portfolios, so it was repaid rather than sold (one sold in its last days reads the same). | Change in weight. The holding's weight this month less its weight the month before, in percentage points; a price move alone changes it. | ||||
|---|---|---|---|---|---|
| ICICI Bank | Added | 5.42% | 2.45% | +2.97 pts | +33,39,000 |
| Reliance Industries | Added | 2.66% | 1.79% | +0.87 pts | +11,12,500 |
| PUNJAB NATIONAL BANK CD RED 10-02-2027 | New | 0.69% | 0.00% | +0.69 pts | +1,00,00,000 |
| HDFC Bank | Added | 5.01% | 4.37% | +0.64 pts | +9,10,000 |
| SIDBI CD RED 16-12-2026 | Trimmed | 0.35% | 0.99% | −0.64 pts | −1,00,00,000 |
| CANARA BANK CD RED 18-12-2026 | Sold out | – | 0.50% | −0.50 pts | −75,00,000 |
| DLF | Trimmed | 0.00% | 0.49% | −0.49 pts | −10,52,600 |
| Vodafone Idea | Trimmed | 1.61% | 2.08% | −0.47 pts | −3,81,67,650 |
| Axis Bank | Trimmed | 1.53% | 1.93% | −0.40 pts | −4,19,375 |
| One 97 Communications | Trimmed | 0.14% | 0.52% | −0.38 pts | −3,34,225 |
| Adani Ports and Special Economic Zone | Trimmed | 0.05% | 0.42% | −0.37 pts | −3,48,650 |
| INDIAN BANK CD RED 05-02-2027 | New | 0.34% | 0.00% | +0.34 pts | +50,00,000 |
| BANK OF BARODA CD RED 07-12-2026 | Sold out | – | 0.33% | −0.33 pts | −50,00,000 |
| Bandhan Bank | Added | 0.75% | 0.47% | +0.28 pts | +17,89,200 |
| Hero MotoCorp | Sold out | – | 0.28% | −0.28 pts | −75,300 |
Weights are per cent of the fund's net assets; a change in weight is in percentage points. Securities only: 375 futures, options and cash lines that changed are not listed.
Holdings month by month
| Holding | Oct 25 | Nov 25 | Dec 25 | Jan 26 | Feb 26 | Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Edelweiss Liquid Fund | 7.66%Added | 7.98%Added | 8.24% | 8.62%Added | 9.08%Added | 13.95%Added | 7.97%Cut | 7.41%Cut | 7.36% | 9.02%Added | 7.56%Cut | 7.91% |
 ICICI Bank | 1.91%Cut | 1.49%Cut | 1.87%Added | 2.64%Added | 3.07%Added | 3.05%Added | 2.30%Cut | 2.89%Added | 3.48%Added | 2.67%Cut | 2.45%Cut | 5.42%Added |
 HDFC Bank | 3.84%Cut | 5.00%Added | 5.20%Added | 5.40%Added | 6.19%Added | 7.33%Added | 4.58%Cut | 5.35%Added | 3.93%Cut | 3.05%Cut | 4.37%Added | 5.01%Added |
| Edelweiss Money Market Fund | 2.55% | 2.56% | 2.64% | 2.76% | 3.62%Added | 3.89% | 3.84% | 3.81% | 3.80% | 3.80% | 3.89% | 4.08% |
 Reliance Industries | 4.33%Added | 4.09%Cut | 3.10%Cut | 2.52%Cut | 2.20%Cut | 1.15%Cut | 1.54%Added | 2.40%Added | 2.16%Cut | 2.17%Cut | 1.79%Cut | 2.66%Added |
 Adani Energy Solutions | 0.81%Added | 0.81%Cut | 0.85%Cut | 0.74%Cut | 0.86%Added | 0.84%Cut | 2.00%Added | 1.98%Cut | 1.91%Cut | 1.93%Cut | 1.99%Added | 2.01%Added |
| SIDBI CD RED 11-06-2027 | – | – | – | – | – | – | – | – | – | – | 1.91%Bought | 2.00% |
 Indus Towers | 0.71%Added | 0.73%Cut | 0.69%Cut | 0.88%Added | 0.81%Cut | 0.76%Cut | 0.98%Added | 1.16%Added | 1.48%Added | 1.51%Added | 1.71%Added | 1.71%Cut |
 Adani Enterprises | 0.72%Added | 0.09%Cut | 0.10%Added | Sold out | 0.01%Bought again | 0.63%Added | 1.36%Added | 1.70%Added | 1.51%Cut | 1.62%Added | 1.78%Added | 1.61%Cut |
 Vodafone Idea | 1.67%Added | 2.00%Added | 2.39%Added | 2.54%Cut | 2.54%Added | 1.91%Cut | 2.23%Cut | 2.06%Cut | 2.01%Cut | 1.88%Added | 2.08%Cut | 1.61%Cut |
 Axis Bank | 2.02%Cut | 1.61%Cut | 1.69%Added | 1.90%Cut | 1.30%Cut | 1.49%Added | 1.26%Cut | 1.70%Added | 1.49%Cut | 1.76%Added | 1.93%Added | 1.53%Cut |
 Bharti Airtel | 1.08%Cut | 0.33%Cut | 0.17%Cut | 0.18%Added | 0.03%Cut | 0.76%Added | 0.91%Added | 1.63%Added | 1.57%Cut | 1.90%Added | 1.64%Cut | 1.50%Cut |
 NTPC | 0.04%Cut | 0.06%Added | 0.69%Added | 0.45%Cut | 0.33%Cut | 0.28%Cut | 0.49%Added | 0.72%Added | 0.95%Added | 1.13%Added | 1.42%Added | 1.37%Cut |
 NMDC | 0.84%Added | 1.04%Added | 1.60%Added | 1.78%Added | 1.99%Added | 2.20%Added | 2.43%Cut | 2.28%Cut | 1.33%Cut | 1.32%Cut | 1.42%Added | 1.35%Added |
| CANARA BANK CD RD 29-06-27 | – | – | – | – | – | – | – | – | – | 1.24%Bought | 1.27% | 1.33% |
Per cent of the fund's net assets at each month end, Oct 2025 to Sep 2026. Under it, the change on the fund's previous month. "After a gap" is a holding after a month with no portfolio on record, so when it was bought is not known; "Not filed" is one gone across such a gap. The 114 holdings no longer held, sold or repaid within these months, are not listed.
Portfolio turnover, per cent of assets a year
- TurnoverPortfolio turnover. How much of the portfolio the fund bought or sold over the last year, as a share of its assets, as the fund house states it.
Highest 1,690.4% in Jun 2024
Risk ratios
NAV to 23 Oct 2026
Each bar runs from the lowest to the highest figure among the Direct plans of Arbitrage funds (26 funds) over the same 3 years; the tick is their average and the dot this fund.
How much the NAV moves
Standard deviationStandard deviation. How far the fund's monthly returns spread around their average, stated as a yearly figure: the wider the spread, the more the NAV moves.0.53%
0.44%Lowest0.52%Average0.71%Highest
Downside deviationDownside deviation. Standard deviation counting only the months in which the fund lost money, stated as a yearly figure.No losing month
0.00%Lowest0.00%Average0.08%Highest
Sharpe ratioSharpe ratio. The monthly return above the 91-day Treasury bill yield, divided by its standard deviation and stated for a year: the extra return for each unit of movement in the NAV.2.55
0.70Lowest2.18Average2.80Highest
Sortino ratioSortino ratio. The monthly return above the 91-day Treasury bill yield, divided by how far it fell below that yield and stated for a year: the extra return for each unit of movement on the way down.5.97
1.15Lowest4.63Average6.68Highest
From the Direct Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Against Nifty 50 Arbitrage Index
BetaBeta. How much the fund's monthly return moved for each 1% move in its benchmark: 1 moves with it, below 1 moves less.0.66
0.51Lowest0.63Average0.89Highest
AlphaAlpha. The yearly return the fund made beyond what its beta to the benchmark accounts for.+0.43 pts
−0.44 ptsLowest+0.28 ptsAverage+0.62 ptsHighest
R-squaredR-squared. The share of the fund's monthly movement that its benchmark's movement explains, from 0 to 100.56.9
29.0Lowest52.9Average68.1Highest
CorrelationCorrelation. How closely the fund's monthly returns moved in step with its benchmark's, from minus 1 (always opposite) to 1 (always together).0.75
0.54Lowest0.73Average0.83Highest
Upside captureUpside capture. The fund's return in the months its benchmark rose, as a percentage of the benchmark's return in those months.99.6%
86.6%Lowest97.0%Average100.7%Highest
Downside captureDownside capture. The fund's return in the months its benchmark fell, as a percentage of the benchmark's fall in those months.Needs 6 falling months
Largest falls
| Largest over | FallLargest fall. The biggest drop in NAV from a high to the low that followed, before the NAV went back above that high. | High on | Low on | Back at the highBack at the high. The first day the NAV closed at or above the high it had fallen from. |
|---|---|---|---|---|
| 1, 3 and 5 years | −0.42% | 3 Aug 2026 | 6 Aug 2026 | 24 Aug 2026 |
| 10 years and since Jun 2014 | −0.53% | 29 May 2020 | 3 Jun 2020 | 14 Aug 2020 |
Risk level by month
| Months | FundRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month. | BenchmarkBenchmark's risk level. The riskometer level of the fund's benchmark index for the same month, on the same six-step scale as the fund's own. |
|---|---|---|
| Sep 2021 to Aug 202660 months | Low | LowNifty 50 Arbitrage Index |
The riskometer at each month end, the fund's and its benchmark's. A month with none on record is left out.
Edelweiss Arbitrage Fund managers
Managers now
| Manager | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | Portfolio changed after the handover. How much of the portfolio was different three months after the manager took over: half the sum of every holding's change in weight, with each side's holdings scaled to add up to 100 so a move into cash does not count. | Portfolio changed before the handover. The same measure over the three months before the manager took over, since portfolios change anyway. | Assets the manager runs. The latest monthly size of every fund the manager runs now, added up; a fund run with others counts in full for each of its managers, and the line under it counts only the funds they run alone. | ||
|---|---|---|---|---|---|---|---|---|
| Bhavesh JainEquity portion | Jun 2014 | +6.84%a year | – | – | 62.6% | – | 40 | ₹56,394 Cr₹7.87 Cr alone |
| Amit VoraEquity Portion | Nov 2024 | +6.94%a year | – | – | 30.8% | 33.2% | 11 | ₹28,101 Cr₹3,547 Cr alone |
| Rahul DedhiaDebt Portion | Jan 2026 | +4.91%over 273 days | – | – | 33.7% | 23.3% | 14 | ₹69,954 Cr |
| Hetul RavalDebt Portion | Sep 2025 | +6.78%a year | – | – | 27.8% | 21.1% | 23 | ₹1,06,071 Cr |
Returns are the direct plan's growth NAV, from the day each took over to the latest NAV, beside the benchmark over the same days.
Other funds they run
| Fund | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | ||
|---|---|---|---|---|---|
| Edelweiss Balanced Advantage FundBhavesh Jain | Aug 2013 | +12.36%a year | – | – | ₹12,880 Cr |
| Edelweiss US Technology Equity Fund of FundBhavesh Jain | Mar 2020 | +24.61%a year | – | – | ₹4,547 Cr |
| Edelweiss Aggressive Hybrid FundBhavesh Jain | Oct 2015 | +12.79%a year | – | – | ₹3,875 Cr |
| Edelweiss Gold and Silver ETF FOFBhavesh Jain | Sep 2022 | +33.57%a year | – | – | ₹3,204 Cr |
| Edelweiss Greater China Equity Off-shore FundBhavesh Jain | Sep 2019 | +12.35%a year | – | – | ₹2,996 Cr |
| Edelweiss Multi Asset Allocation FundBhavesh Jain | Jun 2023 | +7.46%a year | – | – | ₹2,961 Cr |
| Edelweiss Nifty Midcap150 Momentum 50 Index FundBhavesh Jain | Nov 2022 | +15.58%a year | +16.23% | −0.65 pts | ₹1,728 Cr |
| Edelweiss Equity Savings FundBhavesh Jain | Oct 2021 | +9.48%a year | – | – | ₹1,704 Cr |
| Edelweiss Large Cap FundBhavesh Jain | May 2017 | +12.90%a year | +11.46% | +1.44 pts | ₹1,366 Cr |
| Edelweiss Business Cycle FundBhavesh Jain | Jul 2024 | −4.43%a year | −1.52% | −2.91 pts | ₹1,344 Cr |
Up to ten funds a manager, largest first. Returns are the direct plan's.
Portfolio overlap
Funds holding the most of the same securities, by weight.
Closest funds in the category
| Portfolio overlap. The share of the two funds' portfolios that is the same: for every holding they share, the smaller of its two weights, added up. | Shared holdings. The number of securities both funds hold, cash and futures left out. | |
|---|---|---|
| Tata Arbitrage FundTata Mutual Fund | 52.08% | 138 |
| Axis Arbitrage FundAxis Mutual Fund | 51.97% | 147 |
| DSP Arbitrage FundDSP Mutual Fund | 51.84% | 146 |
| SBI Arbitrage FundSBI Mutual Fund | 50.59% | 158 |
| Bandhan Arbitrage FundBandhan Mutual Fund | 50.35% | 142 |
| Nippon India Arbitrage FundNippon India Mutual Fund | 50.22% | 145 |
| Invesco India Arbitrage FundInvesco Mutual Fund | 50.12% | 162 |
| Aditya Birla Sun Life Arbitrage FundAditya Birla Sun Life Mutual Fund | 49.00% | 159 |
| Kotak Arbitrage FundKotak Mahindra Mutual Fund | 48.76% | 156 |
| UTI Arbitrage FundUTI Mutual Fund | 48.63% | 137 |
Portfolios for Sep 2026. Overlap is per cent of the portfolio the two funds hold in common.
Overlap with the fund house's other funds
| Portfolio overlap. The share of the two funds' portfolios that is the same: for every holding they share, the smaller of its two weights, added up. | |
|---|---|
| Edelweiss Equity Savings FundEdelweiss Mutual Fund | 41.55% |
| Edelweiss Balanced Advantage FundEdelweiss Mutual Fund | 34.49% |
| Edelweiss Aggressive Hybrid FundEdelweiss Mutual Fund | 33.68% |
| Edelweiss Multi Asset Allocation FundEdelweiss Mutual Fund | 19.30% |
As the fund house states it, for Sep 2026.
Edelweiss Arbitrage Fund dividend history
IDCW (income distribution cum capital withdrawal), once called a dividend: rupees per unit, paid to holders on the record date and taken out of the NAV.
Paid per unit, the latest payouts
- Paid per unitIDCW payout. Rupees paid out per unit to holders on the record date; the money comes out of the fund, so the plan's NAV falls by the same amount.
Largest ₹0.398434 a unit, Mar 2020.
Every payout
| IDCW payout. Rupees paid out per unit to holders on the record date; the money comes out of the fund, so the plan's NAV falls by the same amount. | IDCW yield. A payout as a share of the plan's NAV on the record date, before the NAV fell by the amount paid. | NAV before | NAV after | |
|---|---|---|---|---|
| 12 Mar 2020 | ₹0.398434 | 3.56% | ₹11.2015 | ₹10.7548 |
| 11 Sep 2019 | ₹0.070833 | 0.65% | ₹10.9186 | ₹10.8492 |
| 5 Aug 2019 | ₹0.088541 | 0.81% | ₹10.9479 | ₹10.8503 |
| 14 Mar 2019 | ₹0.04427 | 0.41% | ₹10.6729 | ₹10.6258 |
| 18 Feb 2019 | ₹0.053125 | 0.50% | ₹10.6858 | ₹10.6319 |
| 14 Jan 2019 | ₹0.053125 | 0.50% | ₹10.6816 | ₹10.6176 |
| 12 Dec 2018 | ₹0.053125 | 0.50% | ₹10.6802 | ₹10.6287 |
| 19 Nov 2018 | ₹0.053125 | 0.50% | ₹10.7040 | ₹10.6516 |
| 9 Oct 2018 | ₹0.061979 | 0.58% | ₹10.6948 | ₹10.6196 |
| 13 Aug 2018 | ₹0.035416 | 0.33% | ₹10.6129 | ₹10.5717 |
| 26 Jul 2018 | ₹0.053125 | 0.50% | ₹10.6395 | ₹10.5850 |
| 12 Jun 2018 | ₹0.053125 | 0.50% | ₹10.6172 | ₹10.5641 |
All 40 payouts since 10 Sep 2014.
Changes to the fund
Newest first.
2026
- 1 AprExpenseExpense ratio stated under the new rules: a base ratio, with brokerage, levies and GST on top
Fund details
Objective
The investment objective of the Scheme is 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. However, there is no assurance that the investment objective of the scheme will be realized.
Asset allocation
- Under normal circumstances the asset allocation pattern will be: 1. Equity & Equity related instruments (including REITs) including derivatives - 65%-100% 2. Debt & Money Market instruments including the margin money deployed in derivative transactions - 0%-35%
- Please refer the Scheme Information Document for more details. Under defensive circumstances, the asset allocation would be as follows: Equity & Equity related instruments (including REITs) including derivatives - 0%-35%
- Debt & Money Market instruments including the margin money deployed in derivative transactions - 65%-100%
Type of scheme
An open ended scheme investing in arbitrage opportunities
- BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back.
- Nifty 50 Arbitrage PR Index
- Risk level at launchRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- Low to Moderate Risk
- New fund offer
- 12 Jun 2014 to 27 Jun 2014
- Price at the offer
- ₹10 a unit
- Minimum at the offer
- ₹5,000
Plans and codes
| Plan | AMFI code | ISIN | ISIN, reinvestment | MUTF_IN | First NAV |
|---|---|---|---|---|---|
| Direct Growth | 130206 | INF754K01EA4 | EDEL_ARBI_FUND_1KDK9MT | 30 Jun 2014 | |
| Regular Growth | 130205 | INF754K01EF3 | EDEL_ARBI_FUND_1D55HNS | 30 Jun 2014 | |
| Direct IDCW | 130209 | INF754K01EB2 | INF754K01EC0 | EDEL_ARBI_FUND_1LL5V13 | 30 Jun 2014 |
| Regular IDCW | 130207 | INF754K01EG1 | INF754K01EH9 | EDEL_ARBI_FUND_1BF98SI | 30 Jun 2014 |
This fund
- Scheme information document (opens in a new tab)The fund's objective, terms, costs and risks in full
Factsheet
- Factsheet - October 2026 (opens in a new tab)Edelweiss Mutual Fund, Sep 2026
Statement of additional information
- SAI Edelweiss Mutual Fund (opens in a new tab)Edelweiss Mutual Fund, Oct 2026
Annual report
- Edelweiss Mutual Fund - Abridged Annual Report - Equity (2025-26) (opens in a new tab)Edelweiss Mutual Fund, Mar 2026
- Edelweiss Mutual Fund - Abridged Annual Report - Debt (2025-26) (opens in a new tab)Edelweiss Mutual Fund, Mar 2026
- Edelweiss Mutual Fund - Annual Report (2025-26) (opens in a new tab)Edelweiss Mutual Fund, Mar 2026
Riskometer disclosure
- Risk-o-Meter Summary October 09, 2026 (opens in a new tab)Edelweiss Mutual Fund, Sep 2026
Portfolio overlap disclosure
- Portfolio Overlap 30-Sep-2026 (opens in a new tab)Edelweiss Mutual Fund, Sep 2026