Axis Arbitrage Fund Direct-Growth

Q: What are the returns of Axis Arbitrage Fund?

The Axis Arbitrage Fund is a 10 yrs 8 m old fund and has delivered average annual returns of 6.71% since inception. Axis Arbitrage Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 7.85% 7.26% 6.12% 6.55% 6.71%

NAV as of Apr 23, 2025	Returns since inception	ET Money Rank	VRO Ratings
₹20.06+0.0% 1 day change	6.71% p.a.	#NA View Ranked Funds	4

Historical NAV & returns

NAV: ₹20.06 as on Apr 23, 2025

This fund Category average

Axis Arbitrage Fund overview

VRO rating	4
Expense ratio	0.31% as on Mar 31, 2025
Exit load	0.25% Exit load of 0.25% if redeemed within 15 days.!
AUM (Fund size)	₹5,746 Crs
Lock-in	No Lockin
Age	10 yrs 8 m since Jul 25, 2014
Benchmark	Nifty 50 Arbitrage
Min. investment	SIP ₹500 & Lump. ₹1000
Risk	Low
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, pay tax of 12.5% on returns of ₹1.25 lakh+ in a financial year

Axis Arbitrage Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Apr 24, 2025

Period	This fund	Category average
1 month	0.83%	0.78%
3 months	1.93%	1.85%
6 months	3.9%	3.83%
1 year	7.85%	7.73%
3 years	7.26%	7.19%
5 years	6.12%	5.96%
7 years	6.32%	6.12%
10 years	6.55%	6.42%

Asset allocationas on Mar 31, 2025

Large Cap -0.22137%

Mid Cap -0.06123%

Small Cap -0.0174%

Other Cap 0.0%

Top holdings

Reliance Industries Ltd.3.87%

Tata Consultancy Services Ltd.3.62%

ICICI Bank Ltd.3.58%

HDFC Bank Ltd.3.32%

Top sectors

Financial 23.319999999999997%

Technology 7.06%

Energy 6.500000000000001%

Automobile 4.55%

Cash 66.33836926%

A1+ 18.67049611%

AAA 10.58784865%

Cash & Call Money 2.46238779%

Top Debt Holdings

Kotak Mahindra Prime Ltd. 2.18%

Others 1.87%

Canara Bank 1.65%

HDFC Bank Ltd. 1.41%

Allocation by Instruments

Cash Margin 66.33836926%

Certificate of Deposit 8.77878831%

Debenture 8.303845599999999%

Mutual Fund 8.28286251%

Other Holdings

Axis Money Market Fund Direct-Growth 8.28%

Others 1.47%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
Axis Arbitrage Fund	N.A.	₹5,746 Crs	10 yrs 8 m	0.31%
Tata Arbitrage Fund	N.A.	₹12,790 Crs	6 yrs 4 m	0.3%
Invesco India Arbitrage Fund	N.A.	₹19,675 Crs	12 yrs 3 m	0.39%
Edelweiss Arbitrage Fund	N.A.	₹14,003 Crs	10 yrs 10 m	0.36%
Aditya Birla Sun Life Arbitrage Fund	N.A.	₹14,236 Crs	12 yrs 3 m	0.29%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Axis Arbitrage Fund	0.83%	3.9%	7.85%	7.26%	6.12%	6.55%
Tata Arbitrage Fund	0.84%	3.98%	8.0%	7.44%	6.29%	4.09%
Invesco India Arbitrage Fund	0.78%	3.92%	7.99%	7.66%	6.33%	6.53%
Edelweiss Arbitrage Fund	0.79%	3.99%	7.94%	7.47%	6.24%	6.65%
Aditya Birla Sun Life Arbitrage Fund	0.88%	3.99%	7.98%	7.37%	6.13%	6.47%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Axis Arbitrage Fund	0.56	0.61	1.49	1.64
Tata Arbitrage Fund	0.53	0.71	1.85	2.22
Invesco India Arbitrage Fund	0.49	0.45	2.6	2.95
Edelweiss Arbitrage Fund	0.56	0.64	1.88	2.18
Aditya Birla Sun Life Arbitrage Fund	0.54	0.67	1.7	1.92

View all Arbitrage funds

Key risk & return ratios Compared to other funds in the category

Alpha	2.1 vs. 2.73 Underperformed at beating benchmark
Sharpe	1.49 vs. 2.45 Poor risk-adjusted returns
Beta	0.61 vs. 0.79 Less sensitive to market ups & downs
Standard deviation	0.56 vs. 0.42 More volatile performance

Compare Axis Arbitrage Fund in detail with

About this fund

About Axis Arbitrage Fund

Axis Arbitrage Fund Direct-Growth is a Arbitrage mutual fund scheme from Axis Mutual Fund. This fund has been in existence for 10 yrs 8 m, having been launched on 25/07/2014. Axis Arbitrage Fund Direct-Growth has ₹5,746 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Axis Arbitrage Fund Direct-Growth as of 23/04/2025 is ₹20.06. The fund has an expense ratio of 0.31%, which is close to what most other Arbitrage funds charge. Currently, the fund has a -0.30% allocation to equity and 33.78% to Debt.

Axis Arbitrage Fund Direct-Growth returns of last 1-year are 7.87%. Since launch, it has delivered 6.72% average annual returns. The fund has doubled the money invested in it every 11 yrs.
Axis Arbitrage Fund Direct-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
The fund's equity portion is primarily invested in Financial, Unclassified, Technology, Energy, Automobile sectors. It has taken less exposure in Financial, Unclassified sectors compared to other funds in the category.
The debt portion of the fund has low credit quality indicating the quality of borrowers it has lent it to is not too great.
The fund's top 5 holdings are in Axis Money Market Fund Direct-Growth, Reliance Industries Ltd., Tata Consultancy Services Ltd., ICICI Bank Ltd., HDFC Bank Ltd..

...

Fund AUM	₹5,746 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Devang Shah

Mr. Shah is B.Com and ACA. Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers.

Sachin Jain

Mr. Jain is a B.Tech, AGMP (Management) Prior to joining Axis Asset Management Company Ltd., he has worked with Sundaram Mutual Fund, I- Cap, Sunidhi securities and Finance Ltd.

Karthik Kumar

Mr. Kumar has done M.B.A, C.F.A, (USA) & B.E (Mechanical) Prior to joining Axis Mutual Fund he has worked with SilverTree Hong Kong and Asiya Investment, Hong Kong

Investment objective

The scheme aims to generate income through low volatility absolute return strategies that take advantage of opportunities in the cash and the derivative segments of the equity markets including the arbitrage opportunities available within the derivative segment, by using other derivative based strategies and by investing the balance in debt and money market instruments.

Axis Mutual Fund details

No. of schemes	68 view all schemes
Total AUM	₹3,22,861 Crs as on Mar 31, 2025
Address	23rd Floor, One Lodha Place, S. B. Road, Lower Parel. Mumbai, 400013
Phone	022-24255161

More funds from Axis Mutual Fund

Fund name	ETM Rank	AUM (in Crs.)	1Y	5Y
Axis Aggressive Hybrid Fund	N.A.	₹1,521 Crs	13.35%	18.07%
Axis Retirement Fund - Dynamic Plan	N.A.	₹326 Crs	12.25%	17.66%
Axis Retirement Fund - Aggressive Plan	N.A.	₹800 Crs	12.21%	17.56%
Axis Multi Asset Allocation Fund	N.A.	₹1,348 Crs	12.59%	17.41%
Axis Balanced Advantage Fund	N.A.	₹2,808 Crs	15.26%	16.0%
Axis Equity Savings Fund	N.A.	₹940 Crs	9.69%	13.69%

See all Hybrid funds from this AMC

Frequently asked questions

What is the current NAV of Axis Arbitrage Fund?

The current Net Asset Value (NAV) of the Axis Arbitrage Fund - Direct Growth plan is approximately ₹20.06 as of Apr 23, 2025.

What are the returns of this mutual fund scheme?

The Axis Arbitrage Fund is a 10 yrs 8 m old fund and has delivered average annual returns of 6.71% since inception.

Axis Arbitrage Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
7.85%	7.26%	6.12%	6.55%	6.71%

How much does this mutual fund charge as expense ratio?

The Axis Arbitrage Fund - Direct Growth has an expense ratio of 0.31%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The Axis Arbitrage Fund currently has assets under management (AUM) or fund size valued at approximately ₹5,746 Crs crore as of Mar 31, 2025.

What is risk level of Axis Arbitrage Fund?

This is a Arbitrage fund comes with Low risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Axis Arbitrage Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Axis Arbitrage Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Axis Arbitrage Fund is complete.

How can I redeem my investments in Axis Arbitrage Fund?

Redeeming your investments in Axis Arbitrage Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Axis Arbitrage Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Arbitrage

#NA

Volatility Protection: This fund is one of the best in protecting against volatility in it's category.
Return Outperformance: This fund has generated highest return amongst Arbitrage funds in the last 10 Years.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 0.25% if redeemed within 15 days.