Edelweiss Arbitrage Fund
Edelweiss Arbitrage Fund maintains its core positioning in banking stocks and high-grade debt instruments, with liquid fund holdings offering portfolio stability. The manager's April moves signal tactical rebalancing rather than conviction shifts, reducing in-house liquid fund exposure while pruning defensive stalwarts like TCS and HUDCO, yet adding quality names such as Infosys and consumer plays like Avenue Supermarts suggest modest rotation toward growth-oriented arbitrage opportunities. The broad 217-stock portfolio remains diversified, though top-five concentration at nearly 22 percent warrants attention for a conservative hybrid scheme.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹21.9624 | — | — | — | — |
| Regular Growth | ₹20.3455 | +0.27% | +5.84% | +6.87% | +6.01% |
| Direct IDCW | ₹15.7011 | — | — | — | — |
| Regular IDCW | ₹14.9303 | — | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Active Stock PickerActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| Adani Power Ltd. | 1.25% |
| Infosys Ltd. | 0.48% |
| Dixon Technologies (India) Ltd. | 0.26% |
| Supreme Industries Ltd. | 0.14% |
| Avenue Supermarts Ltd. | 0.12% |
| Persistent Systems Ltd. | 0.11% |
| Astral Ltd. | 0.09% |
| Polycab India Ltd. | 0.08% |
| Angel One Ltd. | 0.07% |
| L&T Finance Ltd. | 0.06% |
| Bharat Dynamics Ltd. | 0.05% |
| Union Bank of India | 0.05% |
| SBI Cards & Payment Services Ltd. | 0.05% |
| Oil India Ltd. | 0.04% |
| Bharat Forge Ltd. | 0.03% |
| Indian Bank | 0.03% |
| Muthoot Finance Ltd. | 0.03% |
| ABB India Ltd. | 0.02% |
| Motilal Oswal Financial Services Ltd. | 0.02% |
| SRF Ltd. | 0.01% |
| KEI Industries Ltd. | 0.01% |
| Cochin Shipyard Ltd. | 0.01% |
| Vishal Mega Mart Ltd | 0.00% |
| Cummins India Ltd. | 0.00% |
| Petronet LNG Ltd. | 0.00% |
| CANARA BANK CD RED 14-09-2026# | 1.99% |
| SIDBI CD RED 04-02-2027# | 0.97% |
| SIDBI CD RED 18-02-2027#** | 0.96% |
| SIDBI CD RED 25-03-2027#** | 0.96% |
| CANARA BANK CD RED 15-09-2026#** | 0.66% |
| HDFC BANK CD RED 21-09-2026#** | 0.66% |
| UNION BANK OF INDIA CD RED 03-03-2027#** | 0.64% |
| NABARD CD RED 17-03-2027#** | 0.64% |
| NABARD CD RED 18-03-2027#** | 0.64% |
| CANARA BANK CD RED 04-03-2027# | 0.32% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | EDELWEISS LIQUID FUND - DIRECT PL -GR INF754K01GM4 | 7.97% |
| 2 | HDFC Bank Ltd. INE040A01034 | 4.58% |
| 3 | EDELWEISS MONEY MARKET FUND - DIRECT PL INF843K01CE1 | 3.84% |
| 4 | Clearing Corporation of India Ltd. | 3.09% |
| 5 | NMDC Ltd. INE584A01023 | 2.43% |
| 6 | ICICI Bank Ltd. INE090A01021 | 2.30% |
| 7 | Vodafone Idea Ltd. INE669E01016 | 2.23% |
| 8 | Adani Energy Solutions Ltd. INE931S01010 | 2.00% |
| 9 | CANARA BANK CD RED 14-09-2026# INE476A16I42 | 1.99% |
| 10 | JSW Steel Ltd. INE019A01038 | 1.92% |
| 11 | 7.80% NABARD NCD SR 24E RED 15-03-2027** INE261F08EF5 | 1.77% |
| 12 | Multi Commodity Exchange Of India Ltd. INE745G01043 | 1.75% |
| 13 | Steel Authority of India Ltd. INE114A01011 | 1.55% |
| 14 | Reliance Industries Ltd. INE002A01018 | 1.54% |
| 15 | Glenmark Pharmaceuticals Ltd. INE935A01035 | 1.45% |
| 16 | Adani Enterprises Ltd. INE423A01024 | 1.36% |
| 17 | ITC Ltd. INE154A01025 | 1.29% |
| 18 | Lodha Developers Ltd. INE670K01029 | 1.27% |
| 19 | Axis Bank Ltd. INE238A01034 | 1.26% |
| 20 | Adani Power Ltd. INE814H01029 | 1.25% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Edelweiss Arbitrage Fund hold?
Edelweiss Arbitrage Fund holds 210 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 21.91% of NAV.
What is the largest holding in Edelweiss Arbitrage Fund?
The largest position in Edelweiss Arbitrage Fund is EDELWEISS LIQUID FUND - DIRECT PL -GR, accounting for 7.97% of NAV.
Is Edelweiss Arbitrage Fund a concentrated or diversified fund?
With a Gini coefficient of 0.620, Edelweiss Arbitrage Fund is moderately concentrated. The HHI concentration index is 18,840 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 21.91% of the portfolio.
What is the market cap allocation of Edelweiss Arbitrage Fund?
Based on SEBI's AMFI classification, Edelweiss Arbitrage Fund's equity portfolio is split as: Large Cap: 38.72%, Mid Cap: 19.58%, Small Cap: 4.72%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Edelweiss Arbitrage Fund invest in most?
Edelweiss Arbitrage Fund has the highest allocation to Banks (14.48%), CRISIL A1+ (13.36%), Power (4.58%). The fund is invested across 49 sectors in total.
How actively managed is Edelweiss Arbitrage Fund compared to other Arbitrage Fund funds?
Edelweiss Arbitrage Fund has an Active Share of 53.99%, classifying it as "Active Stock Picker" among 34 Arbitrage Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in Edelweiss Arbitrage Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Edelweiss Arbitrage Fund added 35 new stocks (including Adani Power Ltd.) and exited 13 stocks (including NHPC Ltd.). Total holding count increased from 195 to 217 stocks.