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Axis Arbitrage Fund Direct-growth
Hybrid
Large Cap
Low Risk
Latest AUM
₹ 10,362.4 Cr.
NAV as on 03 aug, 2026
₹ 21.87
+20.58%
3 years annulised
This Fund
Fund Details
Fund Names
Axis Arbitrage Fund Direct-growth
Inception Date
14 Aug 2014
Lock In
No Lock-in
SIP Minimum Investment amount
₹100
SWP Minimum Investment amount
₹1000
STP Minimum Investment amount
₹1000
Risk
Principal at low risk
Category Average Annual Returns
6.53
Portfolio Composition Analysis
Debt
32.53%
Cash
67.86%
Portfolio Updated on: 10 Jul, 2026
Sector Allocations
Equity
Debt
Financial
Technology
Materials
Energy & Utilities
Industrials
Consumer Discretionary
Real Estate
Consumer Staples
Healthcare
Portfolio Updated on: 03 aug, 2026
Top 10 Holdings
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| HDFC Bank Ltd | Financial | Equity | 5.27% |
| HDFC Bank Ltd | Financial | Equity | 5.48% |
| HDFC Bank Ltd | Financial | Equity | 4.63% |
| HDFC Bank Ltd | Financial | Equity | 4.92% |
| HDFC Bank Ltd | Financial | Equity | 4.41% |
| PUNJAB NATIONAL BANK CD 15SEP26 | Financial | Certificate of Deposit | 4.67% |
| HDFC Bank Ltd | Financial | Equity | 3.87% |
| HDFC Bank Ltd | Financial | Equity | 3.87% |
| ICICI Bank Ltd | Financial | Equity | 4.10% |
| ICICI Bank Ltd | Financial | Equity | 3.92% |
Debt & Credit Risk Analysis
| Sharpe Ratio | 2.93% |
| Standard Deviation | 0.52% |
| Sortino Ratio | 3.49% |
Returns Analysis
| Tenure | Absolute | Annualised | Category Average |
|---|---|---|---|
| 3 Months | 2.18% | NA | 1.51% |
| 6 Months | 3.65% | NA | 3.08% |
| 9 Months | 5.54% | NA | 4.74% |
| 1 Year | 6.94% | 6.94% | 6.53% |
| 2 Years | 14.94% | 7.21% | 6.99% |
| 3 Years | 24.75% | 7.65% | 6.77% |
| 5 Years | 39.21% | 6.84% | 5.46% |
| 7 Years | 53.37% | 6.30% | NA |
| 10 Years | 88.07% | 6.52% | 5.71% |
Axis Arbitrage Fund Direct-growth is one Hybrid mutual fund offered by Axis Mutual Fund. Launched on 14 Aug 2014, the fund aims Income over short to medium term. Investment in arbitrage opportunities in the cash & derivatives segment of the equity market It manages assets worth ₹10,362.4 crore as on Tue Jun 30, 2026. The expense ratio stands at 1.44%.
Karthik Kumar has experience Prior to joining Axis Mutual Fund he has worked with SilverTree Hong Kong and Asiya Investment, Hong Kong
Sachin Jain has experience Prior to joining Axis Asset Management Company Ltd., he has worked with Sundaram Mutual Fund, I- Cap, Sunidhi securities and Finance Ltd.
Devang Shah has experience Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers.
Top Performing Mutual Funds
| Fund name | |||||||
|---|---|---|---|---|---|---|---|
| Invesco India Arbitrage Fund Direct-growth | 25,281.9 | +0.89% | +2.20% | +3.65% | +7.02% | +7.75% | +7.04% |
| Invesco India Arbitrage Fund Direct-idcw | 25,281.9 | +0.89% | +2.20% | +3.65% | +7.02% | +7.75% | +7.04% |
| Kotak Arbitrage Fund Direct-growth | 72,409.4 | +0.95% | +2.23% | +3.75% | +7.00% | +7.79% | +6.95% |
| Kotak Arbitrage Fund Direct-idcw Monthly | 72,409.4 | +0.95% | +2.23% | +3.75% | +7.00% | +7.79% | +6.95% |
| Edelweiss Arbitrage Fund Direct-growth | 15,062.3 | +0.90% | +2.20% | +3.70% | +6.94% | +7.73% | +6.91% |
| Edelweiss Arbitrage Fund Direct-idcw | 15,062.3 | +0.90% | +2.20% | +3.70% | +6.94% | +7.73% | +6.91% |
| Edelweiss Arbitrage Fund Direct-idcw Monthly | 15,062.3 | +0.90% | +2.20% | +3.70% | +6.94% | +7.73% | +6.91% |
| SBI Arbitrage Opportunities Fund Direct-growth | 45,923.1 | +0.94% | +2.19% | +3.65% | +6.86% | +7.60% | +6.87% |
| SBI Arbitrage Opportunities Fund Direct-idcw | 45,923.1 | +0.94% | +2.19% | +3.65% | +6.86% | +7.60% | +6.87% |
| Tata Arbitrage Fund Direct-growth | 24,026.0 | +0.88% | +2.16% | +3.67% | +6.98% | +7.77% | +6.85% |
growth is based on 1-month returns of the funds & Top fund are based on 3Y Returns
More Funds from Axis Mutual Fund
| Fund name | |||||||
|---|---|---|---|---|---|---|---|
| Axis Arbitrage Fund Regular-growth | 10,362.4 | +0.84% | +1.99% | +3.30% | +6.21% | +6.93% | +6.09% |
| Axis Arbitrage Fund Direct-idcw Monthly | 10,362.4 | +0.90% | +2.18% | +3.65% | +6.94% | +7.65% | +6.84% |
| Axis Arbitrage Fund Regular-idcw Monthly | 10,362.4 | +0.84% | +1.99% | +3.30% | +6.21% | +6.93% | +6.09% |
growth is based on 1-month returns of the funds
Top Mutual Funds
| Fund name | |||||||
|---|---|---|---|---|---|---|---|
| Kotak Arbitrage Fund Direct-growth | 72,409.4 | +0.95% | +2.23% | +3.75% | +7.00% | +7.79% | +6.95% |
| Kotak Arbitrage Fund Regular-growth | 72,409.4 | +0.90% | +2.07% | +3.43% | +6.35% | +7.15% | +6.32% |
| Kotak Arbitrage Fund Direct-idcw Monthly | 72,409.4 | +0.95% | +2.23% | +3.75% | +7.00% | +7.79% | +6.95% |
| Kotak Arbitrage Fund Regular-idcw Monthly | 72,409.4 | +0.90% | +2.07% | +3.43% | +6.35% | +7.15% | +6.32% |
| SBI Arbitrage Opportunities Fund-growth | 45,923.1 | +0.90% | +2.06% | +3.39% | +6.33% | +7.05% | +6.34% |
| SBI Arbitrage Opportunities Fund Direct-growth | 45,923.1 | +0.94% | +2.19% | +3.65% | +6.86% | +7.60% | +6.87% |
| SBI Arbitrage Opportunities Fund-idcw | 45,923.1 | +0.90% | +2.06% | +3.39% | +6.33% | +7.05% | +6.34% |
| SBI Arbitrage Opportunities Fund Direct-idcw | 45,923.1 | +0.94% | +2.19% | +3.65% | +6.86% | +7.60% | +6.87% |
| ICICI Prudential Arbitrage Direct-growth | 33,423.3 | +0.92% | +2.19% | +3.64% | +6.87% | +7.62% | +6.74% |
| ICICI Prudential Arbitrage-growth | 33,423.3 | +0.88% | +2.05% | +3.37% | +6.31% | +7.03% | +6.14% |
Top funds are based on Fund AUM
Top Hybrid Funds
| Fund name | ||||
|---|---|---|---|---|
| Invesco India Arbitrage Fund Direct-growth | ₹37.19 | +7.75% | +7.04% | — |
| Invesco India Arbitrage Fund Direct-idcw | ₹20.20 | +7.75% | +7.04% | — |
| Kotak Arbitrage Fund Direct-growth | ₹43.15 | +7.79% | +6.95% | — |
| Kotak Arbitrage Fund Direct-idcw Monthly | ₹11.26 | +7.79% | +6.95% | — |
| Edelweiss Arbitrage Fund Direct-growth | ₹22.40 | +7.73% | +6.91% | — |
| Edelweiss Arbitrage Fund Direct-idcw | ₹16.01 | +7.73% | +6.91% | — |
| Edelweiss Arbitrage Fund Direct-idcw Monthly | ₹18.29 | +7.73% | +6.91% | — |
| Sbi Arbitrage Opportunities Fund Direct-growth | ₹38.69 | +7.60% | +6.87% | — |
| Sbi Arbitrage Opportunities Fund Direct-idcw | ₹20.90 | +7.60% | +6.87% | — |
| Tata Arbitrage Fund Direct-growth | ₹16.29 | +7.77% | +6.85% | — |
growth is based on 5Y returns of the funds
Historical NAV
| Date | NAV |
|---|---|
| 03 Aug 2026 | ₹21.87 |
| 31 Jul 2026 | ₹21.76 |
| 30 Jul 2026 | ₹21.76 |
| 29 Jul 2026 | ₹21.75 |
| 28 Jul 2026 | ₹21.74 |
| 27 Jul 2026 | ₹21.73 |
| 24 Jul 2026 | ₹21.73 |
| 23 Jul 2026 | ₹21.73 |
| 22 Jul 2026 | ₹21.73 |
| 21 Jul 2026 | ₹21.72 |
| 20 Jul 2026 | ₹21.71 |
| 17 Jul 2026 | ₹21.71 |
| 16 Jul 2026 | ₹21.69 |
| 15 Jul 2026 | ₹21.69 |
| 14 Jul 2026 | ₹21.70 |
| 13 Jul 2026 | ₹21.68 |
| 10 Jul 2026 | ₹21.69 |
| 09 Jul 2026 | ₹21.68 |
| 08 Jul 2026 | ₹21.69 |
| 07 Jul 2026 | ₹21.69 |
| 06 Jul 2026 | ₹21.68 |
| 03 Jul 2026 | ₹21.67 |
| 02 Jul 2026 | ₹21.66 |
| 01 Jul 2026 | ₹21.65 |
| 30 Jun 2026 | ₹21.62 |
| 29 Jun 2026 | ₹21.63 |
| 25 Jun 2026 | ₹21.63 |
| 24 Jun 2026 | ₹21.61 |
| 23 Jun 2026 | ₹21.62 |
| 22 Jun 2026 | ₹21.61 |
Portfolio Updated on: 04 Aug, 2026
Fund Growth & Size Analysis
+₹10,362.4 Cr
Since Launch
This Fund
Category Average
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Axis Arbitrage Fund Direct-growth Returns Comparison
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Axis Arbitrage Fund Direct-growth FAQ'S
- Sharpe Ratio: 2.93%
- Standard Deviation: 0.52%
- Sortino Ratio: 3.49%
Additional important ratios:
As of Tue Jun 30, 2026, the total assets managed under Axis Arbitrage Fund Direct-growth stand at approximately ₹ 10,362.4 crore.
The Axis Arbitrage Fund Direct-growth has delivered the following short-term performance:
- 3 Months Return: 2.18%
- 6 Months Return: 3.65%
The historical growth of the Axis Arbitrage Fund Direct-growth is reflected through its CAGR returns:
- 3 Year CAGR: 7.65%
- 5 Year CAGR: 6.84%
- Return Since Launch: 6.75%
The portfolio of Axis Arbitrage Fund Direct-growth is distributed across different asset classes as follows:
- Debt Instruments: 32.53%
- Other Assets: 67.86%
The Axis Arbitrage Fund Direct-growth is managed by Devang Shah, representing Axis Mutual Fund.
The Axis Arbitrage Fund Direct-growth investments are allocated across market caps in the following manner:
- Large Cap Stocks: 76.00%
- Mid Cap Stocks: 18.10%
- Small Cap Stocks: 5.90%
Top stock holdings of Axis Arbitrage Fund Direct-growth include:
- HDFC Bank Ltd – represents 5.27% of the portfolio
- HDFC Bank Ltd – represents 5.48% of the portfolio
- HDFC Bank Ltd – represents 4.63% of the portfolio
- HDFC Bank Ltd – represents 4.92% of the portfolio
- HDFC Bank Ltd – represents 4.41% of the portfolio
- PUNJAB NATIONAL BANK CD 15SEP26 – represents 4.67% of the portfolio
- HDFC Bank Ltd – represents 3.87% of the portfolio
- HDFC Bank Ltd – represents 3.87% of the portfolio
- ICICI Bank Ltd – represents 4.10% of the portfolio
- ICICI Bank Ltd – represents 3.92% of the portfolio
Major sector exposures in Axis Arbitrage Fund Direct-growth are:
- Financial – accounts for 391.53% of the portfolio
- Technology – accounts for 98.66% of the portfolio
- Materials – accounts for 67.41% of the portfolio
- Energy & Utilities – accounts for 46.43% of the portfolio
- Industrials – accounts for 39.28% of the portfolio
