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Edelweiss Arbitrage Fund

Edelweiss Mutual FundDirectOpen-endedArbitrage FundRiskometer: Low Risk

NAV

₹22.39

as of 21 Aug 2026

Edelweiss Arbitrage Fund is an open-ended Arbitrage Fund scheme from Edelweiss Mutual Fund managing ₹15,139 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹22.39 as of 21 Aug 2026. The expense ratio is 1.71% a year. Managed by Bhavesh Jain. This page is factual data only — it carries no rating and no recommendation.

Key facts

Expense ratio
1.71% / yr
as of 30 Jun 2026
Fund size
₹15,139 crore
as of 31 Jul 2026
Exit load
0.25%
SIP available
Yes
Launched
27 Jun 2014
ISIN
INF754K01EA4

₹100 invested, fund vs category

The category line is the average of the funds in this category, built from NYVO’s own NAV data.

Rebased to 100data to 20 Aug 2026Benchmark: NIFTY 50 Arbitrage Index

Aug 2021Aug 2026
Growth of ₹100, Edelweiss Arbitrage Fund versus Arbitrage Fund average.

Edelweiss Arbitrage Fund

₹139

+39% on ₹100 over 5.0 yrs

Arbitrage Fund average

₹132

+32% on ₹100 over 5.0 yrs

Returns vs category

WindowFundCategory avgGap
3 months1.80%1.73%+0.07
6 months3.15%3.18%-0.03
1 year6.59%6.54%+0.05
3 years (CAGR)7.52%7.38%+0.14
5 years (CAGR)6.82%6.59%+0.23

Category average across 33 funds, as of 20 Aug 2026. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.

Risk, measured

Sharpe ratio (3Y)
2.30
Sharpe ratio (5Y)
1.65
Sortino ratio (3Y)
5.06 vs category 2.12
Standard deviation (3Y)
0.54%

Where the money actually is

Equity

-0.2%

Bonds

5.8%

Cash

94.4%

Other

0.0%

Whole-portfolio split, as of 31 Jul 2026. Equity here is the NET position: this fund holds shares and sells futures against them, so the two largely cancel. The holdings below are gross, before that offset.

What it owns

375 positions · top 10 = 12.8%

Holdings by sector

  • Financial Services(2 in top 10)21.7%
    • HDFC Bank Ltd3.05%
    • ICICI Bank Ltd2.67%
  • Basic Materials7.8%
  • Industrials6.0%
  • Consumer Cyclical5.7%
  • Communication Services5.6%
  • Energy(1 in top 10)5.4%
    • Reliance Industries Ltd2.17%
  • Utilities5.1%
  • Healthcare3.8%

Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Jul 2026. Portfolio turnover 385.4% vs category 425.1% a year.

Other top holdings

  • Edelweiss Liquid Dir Gr9.02%
  • Edelweiss Money Market Dir Gr3.80%
  • Future on HDFC Bank Ltdderivative3.07%
  • Future on ICICI Bank Ltdderivative2.67%
  • Future on Reliance Industries Ltdderivative2.18%
  • Clearing Corporation Of India Ltd.2.00%
  • Future on Adani Energy Solutions Ltdderivative1.94%

Rows marked derivative are futures positions held against the shares listed beside them. A stock and its future largely cancel, so do not add the two together. Exposure figures are gross: funds that use derivatives (arbitrage, hedged books) hold offsetting positions, so concentration and turnover can read above 100%.

The debt it holds (debt sleeve)

Yield to maturity
6.64% vs category 6.33%
Modified duration
0.48 yrs vs category 0.45 yrs
Average maturity
0.49 yrs vs category 0.53 yrs
Government securities
4.5%

Credit quality

AAA
100.0%

Government securities are counted inside AAA by the data provider’s ladder; the sovereign share is listed separately above. Credit quality as of 30 Jun 2026.

Portfolio characteristics as of 31 Jul 2026. Yield to maturity is what the portfolio would return if every holding were held to maturity and paid in full. It is not a forecast of the fund’s return, and it is quoted before expenses.

Money in, money out

Net flow, 12 months
−₹1,310 cr
Net flow, 3 months
+₹187 cr

as of 31 Jul 2026. Flows follow performance more than they predict it.

Quick answers

What is the NAV of Edelweiss Arbitrage Fund?
₹22.39 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
What is the expense ratio of Edelweiss Arbitrage Fund?
1.71% a year for the Direct plan, as of 30 Jun 2026.
How large is Edelweiss Arbitrage Fund?
₹15,139 crore under management as of 31 Jul 2026, in the Arbitrage Fund category.
How risky is Edelweiss Arbitrage Fund?
Its SEBI Riskometer reading is "Low Risk". Cash-and-futures spreads. Debt-like behaviour, equity taxation.
What are the 5-year returns of Edelweiss Arbitrage Fund?
6.82% a year over the last 5 years (Direct plan, CAGR), against a Arbitrage Fund average of 6.59%. Past returns do not predict future returns.
What is the worst 3-year return of Edelweiss Arbitrage Fund?
6.7% a year — the weakest of 25 overlapping 3-year holding periods, beginning 2 Aug 2021. The median was 7.6% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
Who manages Edelweiss Arbitrage Fund?
Bhavesh Jain, managing this fund for 12.1 years.

Where this fund sits

Its shelf, all funds

Ar · Arbitrage →

Cash-and-futures spreads. Debt-like behaviour, equity taxation.

The money map

How big this shelf is in India →

The whole industry sized by real money, from AMFI’s monthly data.

Side by side

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Put it next to any other fund — growth, returns, risk and cost in one table.

One bet or two?

Check its overlap →

See whether it owns the same stocks as your other funds.

Other Arbitrage Fund funds

Data: NYVO research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (NIFTY 50 Arbitrage Index) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.