Axis Arbitrage Fund
ArbitrageLowOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹20.190.00%1 day
- Return since launch
- 5.9%
- 52-week range
- ₹19.05 — ₹20.19
- AUM
- ₹10,577 Cr
Axis Arbitrage Fund is a Arbitrage hybrid fund from Axis Mutual Fund with ₹10,577 Cr under management, launched in 2014. Over three years it has returned 6.2% a year, against 6.5% for its category. The expense ratio is 2.09% and the SEBI riskometer reading is Low.
Performance
Axis Arbitrage Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +6.0% against +6.0% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 5.8% | −0.1 pts | 6.0% | 5.9% |
| 2Y | 6.0% | 0.0 pts | 5.9% | 6.0% |
| 3Y | 6.2% | −0.3 pts | 6.5% | 6.2% |
| 5Y | 6.4% | +0.4 pts | 6.0% | 6.4% |
| 7Y | 6.0% | +0.1 pts | 6.0% | 6.0% |
| 10Y | 5.8% | +0.2 pts | 5.6% | 5.7% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.4% | 0.0 pts | 0.4% | 0.4% |
| 3M | 1.4% | 0.0 pts | 1.4% | 1.4% |
| 6M | 2.9% | 0.0 pts | 2.9% | 2.9% |
| 1Y | 6.0% | 0.0 pts | 6.0% | 6.0% |
| 2Y | 6.1% | +0.1 pts | 6.1% | 6.1% |
| 3Y | 6.6% | +0.1 pts | 6.5% | 6.5% |
| 5Y | 6.1% | +0.2 pts | 6.0% | 6.0% |
| 7Y | 5.5% | +0.1 pts | 5.4% | 5.4% |
| 10Y | 5.7% | +0.1 pts | 5.6% | 5.6% |
Since launch (25 Jul 2014): 5.9%
Calendar-year returns
Category average4.1%
3.8%
4.2%
6.9%
7.5%
6.3%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 6.3% | −0.6 pts | 6.9% |
| 2024 | 7.5% | −0.5 pts | 8.0% |
| 2023 | 6.9% | −0.7 pts | 7.6% |
| 2022 | 4.2% | −0.5 pts | 4.6% |
| 2021 | 3.8% | −0.3 pts | 4.1% |
| 2020 | 4.1% | −0.5 pts | 4.7% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
2.09%
Expense ratio as on 5 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.86%
- Brokerage
- 0.25%
- Transaction charges
- 0.00%
- Statutory levies
- 0.98%
- Exit load
- Exit load of 0.25% if redeemed within 15 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY 50 Arbitrage TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Low
Your principal is treated as being at low risk — typically overnight and very short duration debt schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.60 | 0.59 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 1.59 | 1.91 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 2.06 | 2.46 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 0.52 | 0.51 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 4 category peers | |||
Portfolio
Axis Arbitrage Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Debt32.0%
- Other68.3%
Market cap split
- Large78.1%
- Mid17.3%
- Small4.6%
- P/E
- 16.10
- P/B
- 2.33
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 70.05% | ₹7,122 Cr | +3.41% | +123.22% | +149.04% |
| Axis Money Market Fund Direct-Growth | Unclassified | 13.06% | ₹1,328 Cr | +15.60% | +10.57% | +10.09% |
| HDFC Bank Ltd. | Financial | 4.48% | ₹456 Cr | -11.68% | -14.85% | -8.95% |
| Reliance Industries Ltd. | Energy | 3.73% | ₹379 Cr | -6.29% | -4.34% | -5.74% |
| ICICI Bank Ltd. | Financial | 3.55% | ₹361 Cr | -2.13% | -1.89% | -5.15% |
| State Bank of India | Financial | 2.63% | ₹267 Cr | -2.53% | -3.88% | -7.04% |
| Bharti Airtel Ltd. | Communication | 2.22% | ₹225 Cr | -2.50% | -4.08% | -2.02% |
| National Bank For Agriculture & Rural Development | Financial | 1.91% | ₹194 Cr | +0.14% | +0.17% | +0.33% |
| Bank Of Baroda | Financial | 1.67% | ₹170 Cr | -0.63% | -0.59% | -5.08% |
| Canara Bank | Financial | 1.42% | ₹145 Cr | -2.81% | -1.51% | -2.85% |
| Divi's Laboratories Ltd. | Healthcare | 1.21% | ₹123 Cr | -0.86% | -0.98% | -0.99% |
| Axis Bank Ltd. | Financial | 1.18% | ₹120 Cr | -1.21% | -0.13% | — |
| Union Bank of India | Financial | 1.13% | ₹115 Cr | -0.27% | +2.46% | -0.40% |
| Bajaj Finance Ltd. | Financial | 1.07% | ₹109 Cr | -1.94% | -1.62% | -2.12% |
| Adani Power Ltd. | Energy | 1.01% | ₹102 Cr | -1.13% | — | — |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 0.98% | ₹100 Cr | -2.82% | -0.24% | — |
| Hindalco Industries Ltd. | Metals & Mining | 0.95% | ₹96.93 Cr | -1.07% | -0.44% | -0.09% |
| ITC Ltd. | Consumer Staples | 0.75% | ₹76.73 Cr | -1.88% | -2.24% | -0.82% |
| APL Apollo Tubes Ltd. | Metals & Mining | 0.70% | ₹70.90 Cr | -0.61% | -0.55% | -0.88% |
| Kotak Mahindra Bank Ltd. | Financial | 0.48% | ₹48.97 Cr | -4.17% | -6.89% | -5.47% |
| Indian Bank | Financial | 0.48% | ₹48.85 Cr | — | — | — |
| Hindustan Aeronautics Ltd. | Capital Goods | 0.47% | ₹48.03 Cr | -0.35% | -0.12% | -0.86% |
| GE Vernova T&D India Ltd | Capital Goods | 0.46% | ₹46.83 Cr | — | — | — |
| Adani Energy Solutions Ltd. | Energy | 0.43% | ₹43.83 Cr | -1.98% | -0.74% | -0.66% |
| Godrej Properties Ltd. | Construction | 0.42% | ₹42.44 Cr | -0.43% | -0.26% | -2.34% |
| The Indian Hotels Company Ltd. | Services | 0.41% | ₹41.53 Cr | -0.27% | -0.16% | -0.28% |
| Bharat Forge Ltd. | Automobile | 0.40% | ₹40.44 Cr | — | — | — |
| Adani Green Energy Ltd. | Capital Goods | 0.38% | ₹38.49 Cr | -0.63% | -0.56% | -0.75% |
| HDFC Life Insurance Co Ltd. | Insurance | 0.38% | ₹38.39 Cr | -1.59% | -0.83% | -0.03% |
| Ambuja Cements Ltd. | Materials | 0.35% | ₹36.05 Cr | -0.69% | -0.46% | -0.01% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 0.35% | ₹35.34 Cr | -1.26% | -0.81% | -0.90% |
| Yes Bank Ltd. | Financial | 0.34% | ₹34.14 Cr | -1.17% | -0.49% | -0.48% |
| Maruti Suzuki India Ltd. | Automobile | 0.33% | ₹33.75 Cr | -2.39% | -1.76% | -0.04% |
| Bandhan Bank Ltd. | Financial | 0.31% | ₹31.69 Cr | -1.24% | -0.12% | -0.46% |
| Bank of India | Financial | 0.31% | ₹31.02 Cr | -0.69% | -0.34% | -0.11% |
| Muthoot Finance Ltd. | Financial | 0.30% | ₹30.03 Cr | — | — | -0.35% |
| Lupin Ltd. | Healthcare | 0.28% | ₹28.56 Cr | — | -0.02% | -0.11% |
| Indian Energy Exchange Ltd. | Services | 0.26% | ₹26.25 Cr | -0.70% | -0.15% | -0.06% |
| Small Industries Devp. Bank of India Ltd. | Financial | 0.24% | ₹24.45 Cr | +0.46% | +0.82% | +0.01% |
| Punjab National Bank | Financial | 0.24% | ₹24.18 Cr | -2.12% | -2.28% | -4.25% |
| HDFC Asset Management Company Ltd. | Financial | 0.23% | ₹22.99 Cr | -0.55% | -0.49% | -0.44% |
| Tata Motors Passenger Vehicles Ltd. | Automobile | 0.23% | ₹22.90 Cr | -0.03% | -0.02% | -0.47% |
| Tata Consumer Products Ltd. | Consumer Staples | 0.21% | ₹21.25 Cr | -0.59% | -0.89% | -0.70% |
| Jindal Steel Ltd. | Metals & Mining | 0.15% | ₹15.75 Cr | -0.15% | — | -0.04% |
| Fortis Healthcare Ltd. | Healthcare | 0.15% | ₹14.99 Cr | -0.26% | -0.29% | -0.01% |
| Samvardhana Motherson International Ltd. | Automobile | 0.13% | ₹13.15 Cr | — | — | -0.22% |
| SRF Ltd. | Chemicals | 0.10% | ₹10.53 Cr | -0.02% | — | -0.45% |
| AU Small Finance Bank Ltd. | Financial | 0.10% | ₹10.30 Cr | -0.51% | -0.13% | -0.37% |
| Inox Wind Ltd. | Capital Goods | 0.09% | ₹8.72 Cr | -0.28% | -0.35% | -0.12% |
| NBCC (India) Ltd. | Construction | 0.04% | ₹3.88 Cr | -1.04% | -0.47% | -0.69% |
| Vedanta Ltd. | Metals & Mining | 0.03% | ₹3.22 Cr | — | — | -0.97% |
| Steel Authority Of India Ltd. | Metals & Mining | 0.02% | ₹1.62 Cr | -2.04% | -0.74% | -1.18% |
| NTPC Ltd. | Energy | 0.00% | ₹0.23 Cr | -0.93% | -0.08% | -0.20% |
| Indian Oil Corporation Ltd. | Energy | 0.00% | ₹0.22 Cr | -0.20% | -0.08% | -0.16% |
| Solar Industries India Ltd. | Chemicals | 0.00% | ₹0.10 Cr | -0.29% | -0.03% | -0.40% |
| NMDC Ltd. | Metals & Mining | 0.00% | ₹0.06 Cr | -1.90% | -1.49% | -1.01% |
| JSW Energy Ltd. | Capital Goods | 0.00% | ₹0.05 Cr | -0.01% | -0.14% | -1.45% |
| Adani Enterprises Ltd. | Services | 0.00% | ₹0.04 Cr | -3.26% | -0.10% | -0.25% |
| UPL Ltd. | Chemicals | 0.00% | ₹0.02 Cr | -0.12% | -0.71% | -0.07% |
| United Spirits Ltd. | Consumer Staples | 0.00% | ₹0.02 Cr | -0.08% | -0.35% | -0.80% |
| Eternal Ltd. | Services | 0.00% | ₹0.00 Cr | -4.14% | -2.32% | -5.48% |
| Delhivery Ltd. | Services | 0.00% | ₹0.00 Cr | -0.82% | -0.28% | -0.11% |
| Interglobe Aviation Ltd. | Services | 0.00% | ₹0.00 Cr | -0.25% | -0.05% | — |
| Oil And Natural Gas Corporation Ltd. | Energy | 0.00% | ₹0.00 Cr | -0.68% | -0.16% | -0.15% |
| Persistent Systems Ltd. | Technology | 0.00% | ₹0.00 Cr | — | — | -0.09% |
| Power Grid Corporation Of India Ltd. | Energy | 0.00% | ₹0.00 Cr | -0.39% | -0.02% | -0.35% |
| Max Healthcare Institute Ltd. | Healthcare | 0.00% | ₹0.00 Cr | 0.00% | -0.46% | -0.19% |
| DLF Ltd. | Construction | 0.00% | ₹0.00 Cr | -1.22% | -1.83% | -0.97% |
| Adani Ports and Special Economic Zone Ltd. | Services | 0.00% | ₹0.00 Cr | -0.60% | -0.34% | -0.54% |
| SBI Life Insurance Company Ltd. | Insurance | 0.00% | ₹0.00 Cr | -0.10% | -0.96% | 0.00% |
| Bharat Heavy Electricals Ltd. | Capital Goods | 0.00% | ₹0.00 Cr | -4.78% | -1.93% | -0.02% |
| Hitachi Energy India Ltd. | Capital Goods | 0.00% | ₹0.00 Cr | -0.40% | — | — |
| JIO Financial Services Ltd. | Financial | 0.00% | ₹0.00 Cr | -1.89% | -0.40% | -0.26% |
| Prestige Estates Projects Ltd. | Construction | -0.00% | ₹-0.00 Cr | -0.32% | -0.06% | -0.30% |
| GMR Airports Ltd. | Construction | -0.00% | ₹-0.00 Cr | -0.64% | -0.79% | -2.76% |
| Voltas Ltd. | Consumer Discretionary | -0.00% | ₹-0.00 Cr | — | — | — |
| Motilal Oswal Financial Services Ltd. | Financial | -0.00% | ₹-0.00 Cr | -0.02% | — | — |
| Oil India Ltd. | Energy | -0.00% | ₹-0.00 Cr | -0.01% | — | — |
| Godrej Consumer Products Ltd. | Consumer Staples | -0.00% | ₹-0.00 Cr | -0.44% | -0.26% | — |
| Mahindra & Mahindra Ltd. | Automobile | -0.00% | ₹-0.00 Cr | -1.57% | -1.76% | -1.25% |
| Bharat Petroleum Corporation Ltd. | Energy | -0.00% | ₹-0.00 Cr | -0.15% | -0.03% | -0.09% |
| Hindustan Zinc Ltd. | Metals & Mining | -0.00% | ₹-0.00 Cr | -0.38% | -0.40% | -0.69% |
| Nestle India Ltd. | Consumer Staples | -0.00% | ₹-0.00 Cr | -0.09% | -0.51% | -0.49% |
| Bajaj Finserv Ltd. | Financial | -0.00% | ₹-0.00 Cr | -1.08% | -0.27% | -0.31% |
| The Phoenix Mills Ltd. | Construction | -0.00% | ₹-0.00 Cr | -0.38% | -0.34% | -0.16% |
| Trent Ltd. | Services | -0.00% | ₹-0.00 Cr | — | -0.06% | -1.02% |
| Max Financial Services Ltd. | Financial | -0.00% | ₹-0.00 Cr | -0.26% | -0.31% | -0.09% |
| Colgate-Palmolive (India) Ltd. | Consumer Staples | -0.00% | ₹-0.00 Cr | -0.01% | — | -0.17% |
| Larsen & Toubro Ltd. | Construction | -0.00% | ₹-0.01 Cr | -0.05% | -1.20% | -1.69% |
| Eicher Motors Ltd. | Automobile | -0.00% | ₹-0.01 Cr | -1.15% | -0.68% | -0.18% |
| Avenue Supermarts Ltd. | Services | -0.00% | ₹-0.01 Cr | -0.21% | — | — |
| Asian Paints Ltd. | Materials | -0.00% | ₹-0.01 Cr | -0.09% | -1.03% | -0.02% |
| Indusind Bank Ltd. | Financial | -0.00% | ₹-0.01 Cr | -0.38% | -0.08% | -1.50% |
| Dabur India Ltd. | Consumer Staples | -0.00% | ₹-0.01 Cr | -0.28% | -0.26% | -0.32% |
| Aditya Birla Capital Ltd. | Financial | -0.00% | ₹-0.01 Cr | -0.02% | — | -2.43% |
| Suzlon Energy Ltd. | Capital Goods | -0.00% | ₹-0.01 Cr | -0.05% | -0.15% | -0.02% |
| Info Edge (India) Ltd. | Services | -0.00% | ₹-0.01 Cr | -1.15% | — | -0.34% |
| IDFC First Bank Ltd. | Financial | -0.00% | ₹-0.01 Cr | -0.12% | -0.22% | -4.65% |
| One 97 Communications Ltd. | Services | -0.00% | ₹-0.01 Cr | -0.41% | -0.30% | -1.58% |
| Cipla Ltd. | Healthcare | -0.00% | ₹-0.02 Cr | -0.41% | -0.03% | -0.05% |
| Titan Company Ltd. | Consumer Discretionary | -0.00% | ₹-0.02 Cr | -0.60% | -1.72% | -2.39% |
| Kei Industries Ltd. | Capital Goods | -0.00% | ₹-0.02 Cr | — | — | -0.38% |
| Page Industries Ltd. | Textiles | -0.00% | ₹-0.02 Cr | — | -0.01% | — |
| Shriram Finance Ltd | Financial | -0.00% | ₹-0.02 Cr | -1.77% | -0.49% | -1.04% |
| Computer Age Management Services Ltd. | Services | -0.00% | ₹-0.02 Cr | -0.04% | — | -0.48% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | -0.00% | ₹-0.02 Cr | -0.55% | -1.89% | -0.06% |
| Kalyan Jewellers India Ltd. | Consumer Discretionary | -0.00% | ₹-0.02 Cr | -1.00% | -0.56% | -0.87% |
| Patanjali Foods Ltd. | Consumer Staples | -0.00% | ₹-0.02 Cr | — | -0.02% | -0.52% |
| Bank of Maharashtra | Financial | -0.00% | ₹-0.02 Cr | — | — | — |
| Supreme Industries Ltd. | Materials | -0.00% | ₹-0.02 Cr | -0.19% | — | -0.02% |
| Tata Power Company Ltd. | Energy | -0.00% | ₹-0.03 Cr | -0.89% | -1.30% | -2.13% |
| PG Electroplast Ltd. | Capital Goods | -0.00% | ₹-0.03 Cr | — | — | 0.00% |
| Sagility Ltd. | Services | -0.00% | ₹-0.03 Cr | — | — | — |
| Radico Khaitan Ltd. | Consumer Staples | -0.00% | ₹-0.03 Cr | 0.00% | — | — |
| National Aluminium Company Ltd. | Metals & Mining | -0.00% | ₹-0.04 Cr | -0.02% | -0.24% | -0.29% |
| Astral Ltd. | Materials | -0.00% | ₹-0.04 Cr | — | — | -0.05% |
| PB Fintech Ltd. | Services | -0.00% | ₹-0.04 Cr | — | -0.31% | -0.32% |
| Aurobindo Pharma Ltd. | Healthcare | -0.00% | ₹-0.04 Cr | +0.41% | -1.61% | -1.06% |
| Varun Beverages Ltd. | Consumer Staples | -0.00% | ₹-0.04 Cr | -1.00% | -0.74% | -0.37% |
| GAIL (India) Ltd. | Energy | -0.00% | ₹-0.04 Cr | -0.03% | -0.34% | -0.05% |
| Ultratech Cement Ltd. | Materials | -0.00% | ₹-0.05 Cr | -2.58% | -0.60% | -3.97% |
| TVS Motor Company Ltd. | Automobile | -0.00% | ₹-0.05 Cr | -2.41% | -1.27% | -0.99% |
| Tube Investments Of India Ltd. | Automobile | -0.00% | ₹-0.06 Cr | 0.00% | -0.01% | -0.01% |
| Hindustan Unilever Ltd. | Consumer Staples | -0.00% | ₹-0.06 Cr | -1.01% | -0.07% | -0.03% |
| Bajaj Auto Ltd. | Automobile | -0.00% | ₹-0.06 Cr | — | — | — |
| PNB Housing Finance Ltd. | Financial | -0.00% | ₹-0.07 Cr | -0.42% | -0.88% | -1.74% |
| Laurus Labs Ltd. | Healthcare | -0.00% | ₹-0.07 Cr | -0.85% | -0.76% | -0.13% |
| Mphasis Ltd. | Technology | -0.00% | ₹-0.07 Cr | — | -0.55% | -0.03% |
| Swiggy Ltd. | Services | -0.00% | ₹-0.08 Cr | -0.16% | 0.00% | — |
| Torrent Pharmaceuticals Ltd. | Healthcare | -0.00% | ₹-0.08 Cr | -0.03% | -0.03% | -0.14% |
| Pidilite Industries Ltd. | Chemicals | -0.00% | ₹-0.09 Cr | -0.36% | -0.01% | -1.43% |
| Hindustan Petroleum Corporation Ltd. | Energy | -0.00% | ₹-0.12 Cr | -0.35% | -0.19% | -0.89% |
| RBL Bank Ltd. | Financial | -0.00% | ₹-0.13 Cr | -0.02% | -0.68% | -1.67% |
| Bharat Electronics Ltd. | Capital Goods | -0.00% | ₹-0.15 Cr | -4.97% | -2.58% | -0.91% |
| Marico Ltd. | Consumer Staples | -0.00% | ₹-0.18 Cr | -0.86% | -1.57% | -1.58% |
| SBI Cards And Payment Services Ltd. | Financial | -0.00% | ₹-0.20 Cr | — | — | — |
| Coforge Ltd. | Technology | -0.00% | ₹-0.24 Cr | — | -1.30% | -0.09% |
| Power Finance Corporation Ltd. | Financial | -0.00% | ₹-0.26 Cr | — | — | -0.13% |
| Vodafone Idea Ltd. | Communication | -0.00% | ₹-0.27 Cr | -2.63% | -1.85% | -6.45% |
| Ashok Leyland Ltd. | Automobile | -0.00% | ₹-0.27 Cr | -0.61% | — | — |
| Coal India Ltd. | Materials | -0.00% | ₹-0.31 Cr | -1.63% | -0.05% | -0.01% |
| Indus Towers Ltd. | Communication | -0.00% | ₹-0.32 Cr | -1.56% | -0.39% | -1.13% |
| Container Corporation Of India Ltd. | Services | -0.01% | ₹-0.52 Cr | -1.18% | -1.83% | -0.03% |
| Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | -0.01% | ₹-0.56 Cr | -0.66% | -0.60% | -0.57% |
| Manappuram Finance Ltd. | Financial | -0.01% | ₹-0.72 Cr | -1.34% | -0.50% | -0.01% |
| The Federal Bank Ltd. | Financial | -0.01% | ₹-0.72 Cr | +0.38% | -0.46% | -0.92% |
| Life Insurance Corporation of India | Insurance | -0.01% | ₹-0.79 Cr | — | — | -0.11% |
| Biocon Ltd. | Healthcare | -0.01% | ₹-0.82 Cr | -1.33% | -0.60% | -0.50% |
| LIC Housing Finance Ltd. | Financial | -0.01% | ₹-0.86 Cr | -0.41% | -0.98% | -0.65% |
| Infosys Ltd. | Technology | -0.01% | ₹-1.00 Cr | — | — | — |
| Glenmark Pharmaceuticals Ltd. | Healthcare | -0.01% | ₹-1.00 Cr | -1.89% | -1.29% | -0.41% |
| JSW Steel Ltd. | Metals & Mining | -0.01% | ₹-1.05 Cr | -1.86% | -1.91% | -1.19% |
| Cummins India Ltd. | Capital Goods | -0.01% | ₹-1.14 Cr | -0.50% | -0.06% | — |
| Tata Steel Ltd. | Metals & Mining | -0.02% | ₹-1.79 Cr | -2.10% | -2.33% | -0.45% |
| The Indian Hotels Company Ltd Rights | Services | -0.41% | ₹-41.87 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Reliance Industries Ltd. | -3.31% | -0.04% | +3.27% |
| National Bank For Agriculture & Rural Development | 0.14% | 1.91% | +1.77% |
| Canara Bank | 1.21% | -0.24% | -1.45% |
| Cholamandalam Investment and Finance Company Ltd. | -1.38% | -0.15% | +1.23% |
| Axis Bank Ltd. | -1.36% | -0.20% | +1.15% |
| Adani Power Ltd. | -1.06% | -0.00% | +1.06% |
| Bajaj Finance Ltd. | -1.32% | -0.36% | +0.96% |
| ITC Ltd. | -0.94% | -0.00% | +0.94% |
| Hindalco Industries Ltd. | -1.14% | -0.21% | +0.94% |
| Infosys Ltd. | -0.23% | -1.16% | -0.92% |
| Others | 2.43% | 1.54% | -0.89% |
| Divi's Laboratories Ltd. | -0.83% | -0.04% | +0.79% |
| DLF Ltd. | -0.75% | -0.00% | +0.75% |
| State Bank of India | -0.75% | -0.01% | +0.74% |
| Bharat Electronics Ltd. | -1.99% | -1.30% | +0.69% |
| Punjab National Bank | -0.12% | -0.79% | -0.67% |
| Axis Money Market Fund Direct-Growth | 12.47% | 13.06% | +0.59% |
| Cummins India Ltd. | -0.87% | -1.41% | -0.54% |
| Maruti Suzuki India Ltd. | -0.51% | -0.00% | +0.51% |
| Hitachi Energy India Ltd. | -0.65% | -0.16% | +0.49% |
| Indian Bank | 0.46% | -0.00% | -0.46% |
| GE Vernova T&D India Ltd | -0.47% | -0.01% | +0.46% |
| HDFC Life Insurance Co Ltd. | -0.74% | -0.30% | +0.44% |
| LIC Housing Finance Ltd. | -0.28% | -0.71% | -0.43% |
| Adani Energy Solutions Ltd. | -0.41% | -0.00% | +0.41% |
| Hindustan Aeronautics Ltd. | -0.41% | -0.00% | +0.41% |
| NBCC (India) Ltd. | -0.38% | -0.00% | +0.38% |
| Apollo Hospitals Enterprise Ltd. | -0.70% | -0.33% | +0.37% |
| Eicher Motors Ltd. | -0.37% | -0.01% | +0.36% |
| Adani Green Energy Ltd. | -0.36% | -0.00% | +0.36% |
| Astral Ltd. | 0.00% | -0.35% | -0.35% |
| Bank of India | -0.34% | -0.00% | +0.34% |
| Ambuja Cements Ltd. | -0.39% | -0.05% | +0.33% |
| Indian Energy Exchange Ltd. | -0.33% | -0.00% | +0.32% |
| Tata Steel Ltd. | -1.53% | -1.85% | -0.32% |
| The Indian Hotels Company Ltd. | 0.31% | -0.00% | -0.31% |
| Bank Of Baroda | -0.30% | -0.00% | +0.29% |
| Tata Power Company Ltd. | -0.39% | -0.09% | +0.29% |
| One 97 Communications Ltd. | -0.31% | -0.04% | +0.28% |
| Bandhan Bank Ltd. | -0.28% | -0.00% | +0.28% |
| company:7040 | -0.27% | 0.00% | +0.27% |
| HDFC Asset Management Company Ltd. | -0.27% | -0.00% | +0.27% |
| Solar Industries India Ltd. | -0.26% | -0.00% | +0.26% |
| Godrej Consumer Products Ltd. | -0.27% | -0.01% | +0.26% |
| APL Apollo Tubes Ltd. | -0.26% | -0.00% | +0.26% |
| Life Insurance Corporation of India | -0.44% | -0.70% | -0.26% |
| SBI Cards And Payment Services Ltd. | 0.00% | -0.26% | -0.26% |
| Power Finance Corporation Ltd. | -0.03% | -0.28% | -0.25% |
| Lupin Ltd. | -0.24% | -0.00% | +0.24% |
| Coforge Ltd. | -0.00% | -0.24% | -0.24% |
| Tata Consumer Products Ltd. | -0.23% | -0.00% | +0.22% |
| Small Industries Devp. Bank of India Ltd. | 0.46% | 0.24% | -0.22% |
| Muthoot Finance Ltd. | -0.22% | -0.00% | +0.21% |
| Bharat Forge Ltd. | -0.22% | -0.01% | +0.21% |
| Yes Bank Ltd. | -0.12% | -0.32% | -0.21% |
| Bajaj Auto Ltd. | 0.07% | -0.14% | -0.21% |
| Bharti Airtel Ltd. | -0.21% | -0.01% | +0.20% |
| Varun Beverages Ltd. | -0.52% | -0.72% | -0.20% |
| AU Small Finance Bank Ltd. | -0.19% | -0.00% | +0.19% |
| Jindal Steel Ltd. | -0.18% | -0.00% | +0.18% |
| Swiggy Ltd. | 0.00% | -0.18% | -0.18% |
| Tata Motors Passenger Vehicles Ltd. | -0.19% | -0.01% | +0.18% |
| company:7925 | -0.18% | 0.00% | +0.18% |
| Adani Ports and Special Economic Zone Ltd. | -0.17% | -0.00% | +0.17% |
| Kalyan Jewellers India Ltd. | -0.21% | -0.04% | +0.17% |
| Indusind Bank Ltd. | -0.00% | -0.16% | -0.16% |
| Samvardhana Motherson International Ltd. | -0.16% | -0.00% | +0.16% |
| Fortis Healthcare Ltd. | -0.19% | -0.03% | +0.16% |
| Vedanta Ltd. | -0.16% | -0.01% | +0.16% |
| TVS Motor Company Ltd. | -0.21% | -0.06% | +0.16% |
| SRF Ltd. | -0.15% | -0.00% | +0.15% |
| Max Financial Services Ltd. | -0.23% | -0.08% | +0.14% |
| Coal India Ltd. | -1.05% | -1.19% | -0.14% |
| Godrej Properties Ltd. | -0.14% | -0.00% | +0.13% |
| company:2440 | -0.13% | 0.00% | +0.13% |
| Dabur India Ltd. | -0.14% | -0.02% | +0.13% |
| Vodafone Idea Ltd. | -1.26% | -1.14% | +0.12% |
| Indus Towers Ltd. | -1.24% | -1.12% | +0.12% |
| ICICI Bank Ltd. | -0.16% | -0.28% | -0.12% |
| company:14386 | -0.12% | 0.00% | +0.12% |
| Info Edge (India) Ltd. | -0.00% | -0.12% | -0.12% |
| Larsen & Toubro Ltd. | -0.18% | -0.06% | +0.11% |
| The Indian Hotels Company Ltd Rights | -0.30% | -0.41% | -0.11% |
| The Federal Bank Ltd. | -0.67% | -0.79% | -0.11% |
| Inox Wind Ltd. | -0.11% | -0.00% | +0.10% |
| Laurus Labs Ltd. | 0.00% | -0.10% | -0.10% |
| company:14677 | -0.10% | 0.00% | +0.10% |
| company:1471 | -0.10% | 0.00% | +0.10% |
| PB Fintech Ltd. | -0.00% | -0.10% | -0.09% |
| Mphasis Ltd. | 0.00% | -0.09% | -0.09% |
| Power Grid Corporation Of India Ltd. | -0.09% | -0.00% | +0.08% |
| Shriram Finance Ltd | -0.00% | -0.09% | -0.08% |
| Kei Industries Ltd. | 0.00% | -0.08% | -0.08% |
| Union Bank of India | -0.08% | -0.00% | +0.08% |
| PNB Housing Finance Ltd. | -0.04% | -0.11% | -0.07% |
| Bharat Heavy Electricals Ltd. | -2.70% | -2.64% | +0.07% |
| NMDC Ltd. | -0.54% | -0.60% | -0.07% |
| Hindustan Unilever Ltd. | -1.24% | -1.18% | +0.06% |
| Ultratech Cement Ltd. | -0.88% | -0.81% | +0.06% |
| Container Corporation Of India Ltd. | -0.64% | -0.58% | +0.06% |
| Steel Authority Of India Ltd. | -0.84% | -0.78% | +0.06% |
| Adani Enterprises Ltd. | -1.37% | -1.31% | +0.06% |
| Pidilite Industries Ltd. | -0.15% | -0.09% | +0.06% |
| Ashok Leyland Ltd. | -0.28% | -0.33% | -0.05% |
| National Aluminium Company Ltd. | -0.09% | -0.04% | +0.05% |
| Oil And Natural Gas Corporation Ltd. | -0.07% | -0.02% | +0.05% |
| Asian Paints Ltd. | -0.14% | -0.09% | +0.05% |
| Glenmark Pharmaceuticals Ltd. | -0.99% | -0.94% | +0.05% |
| GMR Airports Ltd. | -0.05% | -0.00% | +0.05% |
| Mahindra & Mahindra Ltd. | -0.01% | 0.04% | +0.05% |
| Hindustan Zinc Ltd. | -0.09% | -0.05% | +0.04% |
| SBI Life Insurance Company Ltd. | -0.04% | -0.00% | +0.04% |
| UPL Ltd. | -0.27% | -0.24% | +0.04% |
| Colgate-Palmolive (India) Ltd. | -0.04% | -0.00% | +0.04% |
| Tube Investments Of India Ltd. | -0.01% | -0.05% | -0.04% |
| Marico Ltd. | -0.14% | -0.18% | -0.04% |
| company:1308 | -0.04% | 0.00% | +0.04% |
| company:14739 | -0.03% | 0.00% | +0.03% |
| Aurobindo Pharma Ltd. | -0.17% | -0.14% | +0.03% |
| Bharat Petroleum Corporation Ltd. | -0.04% | -0.01% | +0.03% |
| JIO Financial Services Ltd. | -1.10% | -1.07% | +0.03% |
| Crompton Greaves Consumer Electricals Ltd. | -0.64% | -0.62% | +0.03% |
| Supreme Industries Ltd. | -0.03% | -0.05% | -0.03% |
| Radico Khaitan Ltd. | -0.01% | -0.03% | -0.02% |
| HDFC Bank Ltd. | -0.04% | -0.06% | -0.02% |
| Eternal Ltd. | 0.00% | -0.02% | -0.02% |
| JSW Energy Ltd. | -0.09% | -0.11% | -0.02% |
| Hindustan Petroleum Corporation Ltd. | -0.12% | -0.14% | -0.02% |
| Bajaj Finserv Ltd. | -0.00% | -0.02% | -0.02% |
| company:7037 | -0.02% | 0.00% | +0.02% |
| RBL Bank Ltd. | -0.09% | -0.11% | -0.02% |
| Page Industries Ltd. | -0.00% | -0.02% | -0.02% |
| Sun Pharmaceutical Industries Ltd. | -0.04% | -0.02% | +0.02% |
| Titan Company Ltd. | 0.00% | -0.02% | -0.02% |
| company:5626 | -0.02% | 0.00% | +0.02% |
| company:18041 | -0.02% | 0.00% | +0.02% |
| JSW Steel Ltd. | -1.03% | -1.05% | -0.02% |
| GAIL (India) Ltd. | -0.03% | -0.04% | -0.02% |
| company:5590 | -0.02% | 0.00% | +0.02% |
| United Spirits Ltd. | -0.14% | -0.16% | -0.02% |
| Biocon Ltd. | -0.80% | -0.79% | +0.02% |
| Interglobe Aviation Ltd. | -0.02% | -0.04% | -0.02% |
| The Phoenix Mills Ltd. | -0.02% | -0.00% | +0.01% |
| company:15039 | -0.01% | 0.00% | +0.01% |
| Sagility Ltd. | -0.02% | -0.03% | -0.01% |
| Delhivery Ltd. | -0.01% | -0.02% | -0.01% |
| Cipla Ltd. | -0.03% | -0.02% | +0.01% |
| Torrent Pharmaceuticals Ltd. | -0.11% | -0.13% | -0.01% |
| Computer Age Management Services Ltd. | -0.04% | -0.02% | +0.01% |
| PG Electroplast Ltd. | -0.01% | -0.02% | -0.01% |
| Kotak Mahindra Bank Ltd. | -1.60% | -1.58% | +0.01% |
| Manappuram Finance Ltd. | -0.89% | -0.88% | +0.01% |
| Voltas Ltd. | -0.01% | -0.00% | +0.01% |
| Motilal Oswal Financial Services Ltd. | -0.01% | -0.00% | +0.01% |
| Max Healthcare Institute Ltd. | -0.01% | -0.00% | +0.01% |
| Avenue Supermarts Ltd. | 0.00% | -0.01% | -0.01% |
| company:3471 | -0.01% | 0.00% | +0.01% |
| NTPC Ltd. | -0.47% | -0.46% | 0.00% |
| Patanjali Foods Ltd. | -0.04% | -0.05% | 0.00% |
| Suzlon Energy Ltd. | -0.06% | -0.05% | 0.00% |
| Oil India Ltd. | 0.00% | -0.00% | 0.00% |
| Bank of Maharashtra | -0.02% | -0.02% | 0.00% |
| company:15609 | -0.00% | 0.00% | 0.00% |
| Persistent Systems Ltd. | 0.00% | -0.00% | 0.00% |
| Indian Oil Corporation Ltd. | -0.35% | -0.35% | 0.00% |
| Nestle India Ltd. | -0.00% | -0.00% | 0.00% |
| company:809 | -0.00% | 0.00% | 0.00% |
| company:16288 | -0.00% | 0.00% | 0.00% |
| Aditya Birla Capital Ltd. | -0.01% | -0.01% | 0.00% |
| company:17084 | -0.00% | 0.00% | 0.00% |
| Trent Ltd. | -0.00% | -0.01% | 0.00% |
| company:5533 | -0.00% | 0.00% | 0.00% |
| KPIT Technologies Ltd. | 0.00% | 0.00% | 0.00% |
| company:12712 | -0.00% | 0.00% | 0.00% |
| Prestige Estates Projects Ltd. | -0.00% | -0.00% | 0.00% |
| company:19816 | -0.00% | 0.00% | 0.00% |
| company:19482 | -0.00% | 0.00% | 0.00% |
| company:1458 | -0.00% | 0.00% | 0.00% |
| company:13401 | -0.00% | 0.00% | 0.00% |
| company:6959 | -0.00% | 0.00% | 0.00% |
| IDFC First Bank Ltd. | -0.06% | -0.06% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹39,745 Cr | 2.36% | 6.0% | 6.4% | 6.6% |
 Kotak Arbitrage Fund | ₹75,275 Cr | 2.86% | 6.0% | 6.4% | 6.6% |
 SBI Arbitrage Fund | ₹46,252 Cr | 1.95% | 6.0% | 6.3% | 6.6% |
 Invesco India Arbitrage Fund | ₹26,552 Cr | 2.82% | 6.1% | 6.4% | 6.6% |
 UTI Arbitrage Fund | ₹10,900 Cr | 1.80% | 5.9% | 6.3% | 6.5% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
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.
Fund managers
- Devang ShahMr. 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.
- Pratik TibrewalMr. Tibrewal is a B.Com, LLB (Gen) and MBA (Finance).Prior to joining Axis Mutual Fund, he has worked with Inditrade Capital Ltd., Edelweiss Mutual Fund and Edelweiss Commodities trading Ltd..
- Sachin JainMr. 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.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months2.88% absolute | ₹60,000 | ₹61,728 | 2.88% | |
| 1 year6.01% annualised | ₹1,20,000 | ₹1,23,979 | 3.32% | |
| 3 years6.58% annualised | ₹3,60,000 | ₹3,98,968 | 10.82% | |
| 5 years6.13% annualised | ₹6,00,000 | ₹7,03,612 | 17.27% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Axis Arbitrage Fund?
The NAV of Axis Arbitrage Fund is ₹20.19 as on 9 Nov 2026.
What is the expense ratio of Axis Arbitrage Fund?
The expense ratio of Axis Arbitrage Fund is 2.09% per year.
What is the minimum SIP amount for Axis Arbitrage Fund?
You can start a SIP in Axis Arbitrage Fund with ₹3,000 a month.
What returns has Axis Arbitrage Fund given?
Axis Arbitrage Fund has returned 5.8% over 1 year, 6.2% over 3 years and 6.4% over 5 years (annualised).
Is there a lock-in or exit load on Axis Arbitrage Fund?
Lock-in: None. Exit load: Exit load of 0.25% if redeemed within 15 days..
How risky is Axis Arbitrage Fund?
Axis Arbitrage Fund is rated Low on the SEBI riskometer and belongs to the Arbitrage category.
Which fund house manages Axis Arbitrage Fund?
Axis Arbitrage Fund is managed by Axis Mutual Fund, which runs 74 schemes with ₹3,91,554 Cr under management.