The Edelweiss Arbitrage Fund’s January 2026 factsheet confirms that Rahul Dedhia replaced Pranavi Kulkarni as a fund manager effective January 15, 2026. Value Research Online later reported that Rakesh Prajapati would join the equity management roster from October 7, 2026; that later addition has not been confirmed here by an Edelweiss Mutual Fund document.
Who manages the Edelweiss Arbitrage Fund?
Edelweiss Mutual Fund’s January 2026 factsheet lists four managers and their associated start dates:
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| Manager | Role stated in the factsheet | Management start date |
|---|---|---|
| Bhavesh Jain | Fund manager | June 27, 2014 |
| Amit Vora | Fund manager | November 6, 2024 |
| Hetul Raval | Fund manager | September 22, 2025 |
| Rahul Dedhia | Fund manager | January 15, 2026 |
The factsheet names these managers and dates but does not establish that any one manager caused the fund’s returns.
Did the fund manager change?
Yes. The January 2026 Edelweiss factsheet says Rahul Dedhia replaced Pranavi Kulkarni effective January 15, 2026. It lists Dedhia among the fund’s managers from that date. Edelweiss Mutual Fund’s January 2026 factsheet
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Did Rakesh Prajapati join the roster?
Value Research Online reported that Rakesh Prajapati was to join the fund’s equity management roster effective October 7, 2026, with the other named managers remaining in their listed roles. This is secondary reporting: the Edelweiss October addendum or a September factsheet confirming the updated roster is not available in the cited material. Treat the October change as reported, rather than AMC-confirmed. Value Research Online report
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.What does the fund’s objective tell investors?
Edelweiss describes the scheme as seeking income mainly through arbitrage opportunities in cash and equity derivative markets, with the balance invested in debt and money-market instruments. The AMC states that there is no assurance the investment objective will be realized. Edelweiss Mutual Fund’s January 2026 factsheet
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The AMC’s February 2026 factsheet labels both the scheme and its benchmark riskometers “Low,” and reports performance as of February 28, 2026. That is a dated risk classification, not a guarantee of principal or returns. Edelweiss Mutual Fund’s February 2026 factsheet
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Clear out junk files and repair common Windows errorsFree Scan →Scan for outdated or missing drivers - takes under a minuteDriver Scan →A change in the manager roster alone does not show that performance improved or worsened. The cited roster and factsheets do not establish a causal link between personnel changes and returns. Assess the scheme against your own investment needs and risk tolerance rather than treating a roster change as a performance signal.
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