ICICI Prudential Equity Arbitrage Fund vs HDFC ARBITRAGE FUND - Wholesale
Updated June 2026 · both Arbitrage funds · metrics from AMFI NAVs
In short: ICICI Prudential Equity Arbitrage Fund has the higher 3-year return (+7.49%); ICICI Prudential Equity Arbitrage Fund has the lower expense ratio (0.40%). This is analysis from past data, not a recommendation.
| Metric | ICICI Prudential Equity Arbitrage Fund | HDFC ARBITRAGE FUND - Wholesale |
|---|---|---|
| 1Y return | +6.44% | +6.52% |
| 3Y CAGR | +7.49% | +7.48% |
| 5Y CAGR | +6.60% | +6.54% |
| Sharpe ratio | - | - |
| Max drawdown | -0.3% | -0.8% |
| Volatility | 0.6% | 0.6% |
| Alpha | -0.02% | -0.03% |
| Expense ratio (Direct) | 0.40% | 1.51% |
| AUM | ₹32.6K Cr | ₹24.5K Cr |
Winner on each row highlighted (lower is better for expense ratio and volatility; max drawdown closer to zero is better). Computed from AMFI NAVs - see methodology. No paid placement.
FAQ
Which has the lower expense ratio?
ICICI Prudential Equity Arbitrage Fund has the lower Direct-plan expense ratio (0.40%), versus 1.51% for the other. Over long horizons a lower TER compounds into a meaningful difference.
Which has performed better over 3 years?
ICICI Prudential Equity Arbitrage Fund has the higher 3-year CAGR (+7.49%). Past performance does not predict future returns - check volatility and drawdown too, shown above.
How are these figures calculated?
All returns, risk metrics and alpha are computed independently from AMFI daily NAVs using a disclosed methodology. FindMF takes no commission and this comparison is not a recommendation.