Kotak Arbitrage Fund vs HDFC ARBITRAGE FUND - Wholesale
Updated June 2026 · both Arbitrage funds · metrics from AMFI NAVs
In short: Kotak Arbitrage Fund has the higher 3-year return (+7.67%); Kotak Arbitrage Fund has the lower expense ratio (0.38%). This is analysis from past data, not a recommendation.
| Metric | Kotak Arbitrage Fund | HDFC ARBITRAGE FUND - Wholesale |
|---|---|---|
| 1Y return | +6.59% | +6.52% |
| 3Y CAGR | +7.67% | +7.48% |
| 5Y CAGR | +6.81% | +6.54% |
| Sharpe ratio | - | - |
| Max drawdown | -0.3% | -0.8% |
| Volatility | 0.6% | 0.6% |
| Alpha | +0.14% | -0.03% |
| Expense ratio (Direct) | 0.38% | 1.51% |
| AUM | ₹70.8K 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?
Kotak Arbitrage Fund has the lower Direct-plan expense ratio (0.38%), versus 1.51% for the other. Over long horizons a lower TER compounds into a meaningful difference.
Which has performed better over 3 years?
Kotak Arbitrage Fund has the higher 3-year CAGR (+7.67%). 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.