ICICI Prudential Arbitrage Fund vs Nippon India Arbitrage Fund
Over the last 3 years, ICICI Prudential Arbitrage Fund returned 7.3% a year against 7.3% for Nippon India Arbitrage Fund (Direct plans). Data as of 12 Nov 2026.
| ICICI Prudential Arbitrage Fund | Nippon India Arbitrage Fund | |
|---|---|---|
| Category | Arbitrage | Arbitrage |
| Fund house | ICICI Prudential Mutual Fund | Nippon India Mutual Fund |
| Benchmark | – | – |
| Age | 13.8 years | 13.9 years |
| AUM on 30 Oct 2026 | ₹35,347 cr | ₹18,033 cr |
| Direct plan | ||
| Rating | B | B |
| Expense ratio | 1.61% | 1.35% |
| 1Y return | 6.8% | 6.8% |
| 3Y return (a year) | 7.3% | 7.3% |
| 5Y return (a year) | 6.8% | 6.9% |
| 3Y vs index | +0.4% | +0.4% |
| Rating score, rank | 48 · #16 of 26 | 56 · #11 of 26 |
| Regular plan | ||
| Rating | A | B |
| Expense ratio | 2.13% | 2.04% |
| 1Y return | 6.2% | 6.1% |
| 3Y return (a year) | 6.7% | 6.6% |
| 5Y return (a year) | 6.2% | 6.1% |
| 3Y vs index | -0.2% | -0.3% |
| Rating score, rank | 67 · #6 of 26 | 47 · #15 of 26 |
| Consistency, risk and portfolio | ||
| Ahead of index, rolling 3Y periods | – | – |
| Deepest fall, 3Y | -0.4% | -0.4% |
| Volatility, 3Y | 0.5% | 0.5% |
| Max fall, 5Y | – | – |
| Down capture, 3Y | – | – |
| Stocks held | – | – |
| Top 10 holdings | – | – |
| Large / mid / small caps | – | – |
| Largest sector | – | – |
Common questions
ICICI Prudential Arbitrage Fund or Nippon India Arbitrage Fund: which is better?
On our track-record ratings (Direct plans), ICICI Prudential Arbitrage Fund is rated B and Nippon India Arbitrage Fund is rated B, each against its own category. Ratings describe the record so far and are not a forecast; which suits you depends on your goal and the funds you already hold.
ICICI Prudential Arbitrage Fund or Nippon India Arbitrage Fund: which has done better?
Over the last 3 years, ICICI Prudential Arbitrage Fund returned 7.3% a year against 7.3% for Nippon India Arbitrage Fund (Direct plans).
How much do ICICI Prudential Arbitrage Fund and Nippon India Arbitrage Fund overlap?
Holdings for one of these schemes are not available yet.
Should I hold both?
Two funds with a high overlap add little diversification. Check how they fit your goal and the rest of your portfolio; we can help.
More comparisons
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Past performance does not guarantee future returns. This comparison is not a recommendation to buy or sell either fund.
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