May 9, 2025
RA Jainee
Edelweiss Arbitrage Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 20.6038
Monthly NAV IDCW: Rs 16.9265
NAV IDCW: Rs 14.7298
Suitable For Which Investors?
“Arbitrage funds invest in equity shares and derivatives, and earn their returns through the price differential between a stock and its futures. You can expect to earn better returns than what you would get from a bank account.
They are usually suitable to park your money for a period ranging between three months to a year. However, we believe that liquid funds, which have a similar risk-return payoff, are a better alternative for most investors for such a time frame. Arbitrage funds may have some appeal for those who are in the highest tax bracket, given the preferential tax treatment of these funds.
The risk of incurring a loss in these funds over the said time frame is low but they do not guarantee returns or safety of capital.
Remember, these funds usually deliver low returns which are only marginally higher than your bank account. They are not suitable if your aim is to build wealth in the long run.”
Fund’s Investment Strategy:
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.
Fund Manager:
1) Bhavesh Jain
Education: Mr. Jain is a MMS (Finance) from Mumbai University.
Experience: Prior to joining Edelweiss Mutual Fund he was previously associated with Edelweiss Securities Limited as SGX Nifty Arbitrage Trader.
2) Amit Vora
Education: Mr. Vora has done B.Com from University of Mumbai
Experience: Antique Stock Broking Ltd, D.E. Shaw India Securities Pvt. Ltd, Derivium Tradition Securities (India) Pvt Ltd, Tower Capital & Securities Pvt Ltd and B&K Securities
3) Pranavi Kulkarni
Education: Ms. Kulkarni is a BE Computer Science, MBA Finance
Experience: Prior to joining Edelweiss Mutual Fund, she has worked with CRISIL Ltd. and Yes Bank.
4) Rahul Dedhia
Education: Mr. Dedhia is a B.E. (Electronics) and also holds a PGeMBA – Finance.
Experience: Prior to joining Edelweiss Mutual Fund, he has worked with PGIM India Mutual Fund as Assistant Fund Manager.
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 1 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0.25% for redemption within 15 days |
Basic Details of Edelweiss Arbitrage Fund
| Fund House | Edelweiss Mutual Fund |
| Launch Date | 27-Jun-14 |
| Return Since Launch | 6.88% |
| Benchmark | NIFTY 50 Arbitrage TRI |
| Riskometer | Low |
| Type | Open-ended |
| Assets | Rs 14,003 Cr |
| (As on 31-Mar-2025) | |
| Expense | 0.36% |
| (As on 31-Mar-2025) | |
| Risk Grade | Below Average |
| Return Grade | High |
| Turnover | 341.00% |
Trailing Returns (%) of Edelweiss Arbitrage Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Edelweiss Arbitrage Dir | 2.78 | 0.11 | 0.58 | 1.91 | 3.93 | 8.07 | 7.53 | 6.26 | 6.49 | 6.62 |
| CCIL T Bill Liquidity Weight | 1.92 | 0.02 | 0.47 | 1.36 | 2.55 | 5.12 | 4.35 | 3.45 | 3.70 | 3.95 |
| Hybrid: Arbitrage | 2.70 | 0.11 | 0.58 | 1.87 | 3.80 | 7.82 | 7.26 | 5.96 | 6.13 | 6.39 |
| Rank within category | 12 | 18 | 17 | 16 | 8 | 6 | 4 | 4 | 1 | 1 |
| Number of funds in category | 31 | 32 | 31 | 31 | 28 | 27 | 24 | 22 | 17 | 14 |
Peer Comparison of Edelweiss Arbitrage Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Edelweiss Arbitrage Dir | 4 star | 8.07 | 7.53 | 6.26 | 0.36 | 14,003 | 6.88 | 0.25 (15) | 10Y 10M | 341.00 |
| Kotak Equity Arbitrage Dir | 4 star | 8.14 | 7.61 | 6.31 | 0.44 | 60,373 | 7.13 | 0.25 (30) | 12Y 4M | 2032.60 |
| Invesco India Arbitrage Dir | 5 star | 8.09 | 7.69 | 6.36 | 0.39 | 20,120 | 6.97 | 0.50 (15) | 12Y 4M | 1735.00 |
| ABSL Arbitrage Dir | 4 star | 8.10 | 7.46 | 6.16 | 0.29 | 14,236 | 7.01 | 0.25 (15) | 12Y 4M | 1230.00 |
| Nippon India Arbitrage Dir | 4 star | 7.84 | 7.40 | 6.19 | 0.35 | 13,733 | 7.12 | 0.25 (30) | 12Y 4M | 1278.00 |
Portfolio Analysis of Edelweiss Arbitrage Fund
| No. of Stocks | 188 |
| Top 10 Holdings | 26.65% |
| Top 5 Stocks | 19.53% |
| Top 3 Sectors | –% |
| Portfolio P/B Ratio | 2.58 |
| Portfolio P/E Ratio | 19.72 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,68,224 | 2,17,282 |
| Giant (%) | 44.53 | 53.52 |
| Large (%) | 33.97 | 28.18 |
| Mid (%) | 20.12 | 17.43 |
| Small (%) | 1.39 | 1.08 |
| Tiny (%) | — | — |
| Fund | Category | |
| Number of Securities | 423 | 252 |
| Macaulay Duration (yrs) | 0.49 | 0.60 |
| Average Maturity (yrs) | 0.46 | 0.71 |
| Yield to Maturity (%) | 7.06 | 6.91 |
| Avg Credit Rating | GOI/Cash | — |
Chanakya’s Mutual Fund Guidance For Edelweiss Arbitrage Fund
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