Axis Arbitrage Fund Direct Growth

Fund Overview

Fund Size

₹8,739 Cr

Expense Ratio

0.32%

ISIN

INF846K01PZ1

Minimum SIP

₹500

Exit Load

No Charges

Inception Date

14 Aug 2014

About this fund

Axis Arbitrage Fund Direct Growth is a Arbitrage Fund mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 11 years, 6 months and 6 days, having been launched on 14-Aug-14.
As of 19-Feb-26, it has a Net Asset Value (NAV) of ₹21.17, Assets Under Management (AUM) of 8738.96 Crores, and an expense ratio of 0.32%.

Axis Arbitrage Fund Direct Growth has given a CAGR return of 6.73% since inception.
The fund's asset allocation comprises around -0.07% in equities, 2.14% in debts, and 98.11% in cash & cash equivalents.
You can start investing in Axis Arbitrage Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+7.03%

+6.29% (Cat Avg.)

3 Years

+7.65%

+6.99% (Cat Avg.)

5 Years

+6.61%

+5.93% (Cat Avg.)

10 Years

+6.52%

+5.86% (Cat Avg.)

Since Inception

+6.73%

— (Cat Avg.)

Portfolio Summaryas of 31st January 2026

Equity	₹-6.55 Cr	-0.07%
Debt	₹187.38 Cr	2.14%
Others	₹8,558.13 Cr	97.93%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Net Receivables / (Payables)	Cash - Collateral	₹6,491.37 Cr	74.28%
Future on BANK Index	Equity Index - Future	₹-1,148.76 Cr	13.15%
Axis Money Market Dir Gr	Mutual Fund - Open End	₹945.16 Cr	10.82%
HDFC Bank Ltd	Equity	₹478.48 Cr	5.48%
ICICI Bank Ltd	Equity	₹342.41 Cr	3.92%
Future on Reliance Industries Ltd	Equity - Future	₹-285.57 Cr	3.27%
Reliance Industries Ltd	Equity	₹284.73 Cr	3.26%
Eternal Limited February 2026 Future	Equity - Future	₹-219.14 Cr	2.51%
Eternal Ltd	Equity	₹218.62 Cr	2.50%
Future on UltraTech Cement Ltd	Equity - Future	₹-154.99 Cr	1.77%
UltraTech Cement Ltd	Equity	₹154.61 Cr	1.77%
Kotak Mahindra Bank Ltd	Equity	₹145.25 Cr	1.66%
Future on Mahindra & Mahindra Ltd	Equity - Future	₹-145.17 Cr	1.66%
Mahindra & Mahindra Ltd	Equity	₹144.48 Cr	1.65%
Future on Bajaj Finance Ltd	Equity - Future	₹-136.64 Cr	1.56%
Bajaj Finance Ltd	Equity	₹136.2 Cr	1.56%
Future on Bharti Airtel Ltd	Equity - Future	₹-127.51 Cr	1.46%
Small Industries Development Bank Of India	Cash - CD/Time Deposit	₹124.93 Cr	1.43%
Future on Maruti Suzuki India Ltd	Equity - Future	₹-114.64 Cr	1.31%
Future on Bharat Electronics Ltd	Equity - Future	₹-114.05 Cr	1.31%
Maruti Suzuki India Ltd	Equity	₹113.87 Cr	1.30%
Bharat Electronics Ltd	Equity	₹113.76 Cr	1.30%
Future on Vodafone Idea Ltd	Equity - Future	₹-112.09 Cr	1.28%
Vodafone Idea Ltd	Equity	₹111.69 Cr	1.28%
State Bank of India Future Feb 26	Equity - Future	₹-111.62 Cr	1.28%
State Bank of India	Equity	₹111.08 Cr	1.27%
Future on Grasim Industries Ltd	Equity - Future	₹-107.97 Cr	1.24%
Grasim Industries Ltd	Equity	₹107.47 Cr	1.23%
Bharti Airtel Ltd	Equity	₹102.49 Cr	1.17%
Kotak Mahindra Prime Limited	Bond - Corporate Bond	₹100.08 Cr	1.15%
Icici Securities Limited (Earlier Icici Brokerage Services Limited)	Cash - Commercial Paper	₹99.9 Cr	1.14%
HDFC Securities Limited	Cash - Commercial Paper	₹99.57 Cr	1.14%
L&T Finance Limited	Cash - Commercial Paper	₹99.29 Cr	1.14%
Future on Godrej Properties Ltd	Equity - Future	₹-96.04 Cr	1.10%
Godrej Properties Ltd	Equity	₹95.83 Cr	1.10%
Future on Tata Steel Ltd	Equity - Future	₹-95.07 Cr	1.09%
Tata Steel Ltd	Equity	₹94.86 Cr	1.09%
Future on DLF Ltd	Equity - Future	₹-94.32 Cr	1.08%
DLF Ltd	Equity	₹94.15 Cr	1.08%
Container Corporation of India Ltd	Equity	₹93.61 Cr	1.07%
Future on Container Corporation of India Ltd	Equity - Future	₹-93.47 Cr	1.07%
Future on ITC	Equity - Future	₹-93.17 Cr	1.07%
ITC Ltd	Equity	₹92.68 Cr	1.06%
Clearing Corporation Of India Ltd	Cash - Repurchase Agreement	₹91.46 Cr	1.05%
RBL Bank Ltd	Equity	₹89.35 Cr	1.02%
Punjab National Bank Future Feb 26	Equity - Future	₹-85.72 Cr	0.98%
Punjab National Bank	Equity	₹85.33 Cr	0.98%
Titan Company Limited February 2026 Future	Equity - Future	₹-82.67 Cr	0.95%
Titan Co Ltd	Equity	₹82.48 Cr	0.94%
Future on JSW Steel Ltd	Equity - Future	₹-81.46 Cr	0.93%
JSW Steel Ltd	Equity	₹81.15 Cr	0.93%
Future on Multi Commodity Exchange of India Ltd	Equity - Future	₹-80.01 Cr	0.92%
Multi Commodity Exchange of India Ltd	Equity	₹79.95 Cr	0.91%
Marico Limited February 2026 Future	Equity - Future	₹-75.18 Cr	0.86%
Tata Capital Limited	Bond - Corporate Bond	₹75.06 Cr	0.86%
Hsbc Investdirect Financial Services (India) Limited	Cash - Commercial Paper	₹74.82 Cr	0.86%
Marico Ltd	Equity	₹74.79 Cr	0.86%
Future on Jio Financial Services Ltd	Equity - Future	₹-74.48 Cr	0.85%
Jio Financial Services Ltd	Equity	₹74.22 Cr	0.85%
Future on Aditya Birla Capital Ltd	Equity - Future	₹-71.88 Cr	0.82%
Aditya Birla Capital Ltd	Equity	₹71.74 Cr	0.82%
Kotak Mahindra Prime Ltd.	Cash - Commercial Paper	₹70.38 Cr	0.81%
Axis Liquid Dir Gr	Mutual Fund - Open End	₹70.23 Cr	0.80%
Sun Pharmaceuticals Industries Ltd	Equity	₹68.85 Cr	0.79%
Future on Sun Pharmaceuticals Industries Ltd	Equity - Future	₹-68.75 Cr	0.79%
Future on Cenergy Holdings SA	Equity - Future	₹-66.07 Cr	0.76%
Future on Larsen & Toubro Ltd	Equity - Future	₹-65.62 Cr	0.75%
Larsen & Toubro Ltd	Equity	₹65.31 Cr	0.75%
Aurobindo Pharma Ltd	Equity	₹63.17 Cr	0.72%
Future on Aurobindo Pharma Ltd	Equity - Future	₹-63.14 Cr	0.72%
Future on Tata Power Co Ltd	Equity - Future	₹-62.63 Cr	0.72%
Tata Power Co Ltd	Equity	₹62.51 Cr	0.72%
Future on Sona BLW Precision Forgings Ltd	Equity - Future	₹-60.8 Cr	0.70%
Sona BLW Precision Forgings Ltd	Equity	₹60.67 Cr	0.69%
Future on InterGlobe Aviation Ltd	Equity - Future	₹-60.16 Cr	0.69%
InterGlobe Aviation Ltd	Equity	₹59.85 Cr	0.68%
NMDC Ltd	Equity	₹59.59 Cr	0.68%
Nmdc Limited February 2026 Future	Equity - Future	₹-59.57 Cr	0.68%
Trent Limited February 2026 Future	Equity - Future	₹-59.07 Cr	0.68%
Trent Ltd	Equity	₹59.02 Cr	0.68%
Future on Indus Towers Ltd Ordinary Shares	Equity - Future	₹-58.86 Cr	0.67%
Indus Towers Ltd Ordinary Shares	Equity	₹58.76 Cr	0.67%
UPL Future Feb 26	Equity - Future	₹-57.83 Cr	0.66%
UPL Ltd	Equity	₹57.61 Cr	0.66%
Future on PNB Housing Finance Ltd	Equity - Future	₹-56.61 Cr	0.65%
PNB Housing Finance Ltd	Equity	₹56.34 Cr	0.64%
Future on Glenmark Pharmaceuticals Ltd	Equity - Future	₹-55.2 Cr	0.63%
Glenmark Pharmaceuticals Ltd	Equity	₹54.96 Cr	0.63%
Future on TVS Motor Co Ltd	Equity - Future	₹-53.63 Cr	0.61%
TVS Motor Co Ltd	Equity	₹53.41 Cr	0.61%
Future on HDFC Asset Management Co Ltd	Equity - Future	₹-52.96 Cr	0.61%
Future on APL Apollo Tubes Ltd	Equity - Future	₹-52.94 Cr	0.61%
HDFC Asset Management Co Ltd	Equity	₹52.75 Cr	0.60%
APL Apollo Tubes Ltd	Equity	₹52.7 Cr	0.60%
Future on Cholamandalam Investment and Finance Co Ltd	Equity - Future	₹-51.98 Cr	0.59%
Cholamandalam Investment and Finance Co Ltd	Equity	₹51.91 Cr	0.59%
Future on Polycab India Ltd	Equity - Future	₹-51.75 Cr	0.59%
Polycab India Ltd	Equity	₹51.64 Cr	0.59%
Future on Dixon Technologies (India) Ltd	Equity - Future	₹-50.77 Cr	0.58%
Dixon Technologies (India) Ltd	Equity	₹50.61 Cr	0.58%
Hdb Financial Services Limited	Bond - Corporate Bond	₹50.01 Cr	0.57%
ICICI Securities Limited	Cash - Commercial Paper	₹49.89 Cr	0.57%
Future on Shriram Finance Ltd	Equity - Future	₹-49.31 Cr	0.56%
Shriram Finance Ltd	Equity	₹49.23 Cr	0.56%
Union Bank Of India	Cash - CD/Time Deposit	₹48.76 Cr	0.56%
Varun Beverages Ltd	Equity	₹47.4 Cr	0.54%
Future on Varun Beverages Ltd	Equity - Future	₹-47.37 Cr	0.54%
Power Grid Corp Of India Ltd	Equity	₹46.98 Cr	0.54%
Kotak Mahindra Bank Limited	Cash - CD/Time Deposit	₹46.76 Cr	0.54%
Canara Bank	Cash - CD/Time Deposit	₹46.76 Cr	0.54%
Small Industries Dev Bank Of India	Cash - CD/Time Deposit	₹46.69 Cr	0.53%
Future on Power Grid Corp Of India Ltd	Equity - Future	₹-46.62 Cr	0.53%
Future on Pidilite Industries Ltd	Equity - Future	₹-46.15 Cr	0.53%
Pidilite Industries Ltd	Equity	₹46.08 Cr	0.53%
Future on Britannia Industries Ltd	Equity - Future	₹-43.83 Cr	0.50%
Britannia Industries Ltd	Equity	₹43.73 Cr	0.50%
SBI Life Future Feb 26	Equity - Future	₹-43.36 Cr	0.50%
SBI Life Insurance Co Ltd	Equity	₹43.17 Cr	0.49%
Future on GMR Airports Ltd	Equity - Future	₹-43.14 Cr	0.49%
GMR Airports Ltd	Equity	₹43.03 Cr	0.49%
Future on Apollo Hospitals Enterprise Ltd	Equity - Future	₹-39.1 Cr	0.45%
Apollo Hospitals Enterprise Ltd	Equity	₹39.07 Cr	0.45%
Future on Tech Mahindra Ltd	Equity - Future	₹-38.79 Cr	0.44%
Future on Divi's Laboratories Ltd	Equity - Future	₹-38.77 Cr	0.44%
Tech Mahindra Ltd	Equity	₹38.7 Cr	0.44%
Divi's Laboratories Ltd	Equity	₹38.67 Cr	0.44%
Infosys Future Feb 26	Equity - Future	₹-38.49 Cr	0.44%
Infosys Ltd	Equity	₹38.4 Cr	0.44%
Future on UNO Minda Ltd	Equity - Future	₹-35.45 Cr	0.41%
UNO Minda Ltd	Equity	₹35.37 Cr	0.40%
Future on NBCC India Ltd	Equity - Future	₹-34.78 Cr	0.40%
NBCC India Ltd	Equity	₹34.76 Cr	0.40%
Future on LIC Housing Finance Ltd	Equity - Future	₹-34.61 Cr	0.40%
LIC Housing Finance Ltd	Equity	₹34.47 Cr	0.39%
Future on Steel Authority Of India Ltd	Equity - Future	₹-33.37 Cr	0.38%
Future on Kalyan Jewellers India Ltd	Equity - Future	₹-33.33 Cr	0.38%
Kalyan Jewellers India Ltd	Equity	₹33.27 Cr	0.38%
Steel Authority Of India Ltd	Equity	₹33.17 Cr	0.38%
Bse Limited February 2026 Future	Equity - Future	₹-31.9 Cr	0.37%
BSE Ltd	Equity	₹31.89 Cr	0.36%
Future on Bajaj Finserv Ltd	Equity - Future	₹-31.55 Cr	0.36%
Future on Life Insurance Corporation of India	Equity - Future	₹-31.49 Cr	0.36%
Bajaj Finserv Ltd	Equity	₹31.49 Cr	0.36%
Life Insurance Corporation of India	Equity	₹31.4 Cr	0.36%
Future on Max Healthcare Institute Ltd Ordinary Shares	Equity - Future	₹-31.33 Cr	0.36%
Max Healthcare Institute Ltd Ordinary Shares	Equity	₹31.04 Cr	0.36%
Future on Mphasis Ltd	Equity - Future	₹-29.46 Cr	0.34%
Mphasis Ltd	Equity	₹29.36 Cr	0.34%
Bosch Ltd	Equity	₹29.13 Cr	0.33%
Bosch Future Feb 26	Equity - Future	₹-29.1 Cr	0.33%
Adani Energy Solutions Ltd	Equity	₹28.81 Cr	0.33%
Future on Samvardhana Motherson International Ltd	Equity - Future	₹-28.01 Cr	0.32%
Samvardhana Motherson International Ltd	Equity	₹27.98 Cr	0.32%
Nestle India Ltd	Equity	₹27.65 Cr	0.32%
Nestle Future Feb 26	Equity - Future	₹-27.58 Cr	0.32%
Biocon Limited February 2026 Future	Equity - Future	₹-26.87 Cr	0.31%
Biocon Ltd	Equity	₹26.78 Cr	0.31%
Future on Crompton Greaves Consumer Electricals Ltd	Equity - Future	₹-25.73 Cr	0.29%
Crompton Greaves Consumer Electricals Ltd	Equity	₹25.59 Cr	0.29%
Rec Limited	Bond - Corporate Bond	₹25 Cr	0.29%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹24.97 Cr	0.29%
19/03/2026 Maturing 364 DTB	Bond - Gov't/Treasury	₹24.84 Cr	0.28%
HDFC Securities Limited	Cash - Commercial Paper	₹24.81 Cr	0.28%
Future on Ambuja Cements Ltd	Equity - Future	₹-24.28 Cr	0.28%
Ambuja Cements Ltd	Equity	₹24.21 Cr	0.28%
Tata Consumer Future Feb 26	Equity - Future	₹-24.06 Cr	0.28%
Tata Consumer Products Ltd	Equity	₹23.95 Cr	0.27%
Future on Bank of Baroda	Equity - Future	₹-23.82 Cr	0.27%
Bank of Baroda	Equity	₹23.73 Cr	0.27%
IDFC First Bank Ltd	Equity	₹22.33 Cr	0.26%
Future on United Spirits Ltd	Equity - Future	₹-22.22 Cr	0.25%
United Spirits Ltd	Equity	₹22.18 Cr	0.25%
Yes Bank Ltd	Equity	₹21.71 Cr	0.25%
Future on Adani Ports & Special Economic Zone Ltd	Equity - Future	₹-21.56 Cr	0.25%
Adani Ports & Special Economic Zone Ltd	Equity	₹21.51 Cr	0.25%
Future on Laurus Labs Ltd	Equity - Future	₹-21 Cr	0.24%
Future on FSN E-Commerce Ventures Ltd	Equity - Future	₹-20.94 Cr	0.24%
Laurus Labs Ltd	Equity	₹20.92 Cr	0.24%
FSN E-Commerce Ventures Ltd	Equity	₹20.86 Cr	0.24%
Future on Hindustan Petroleum Corp Ltd	Equity - Future	₹-20.4 Cr	0.23%
Hindustan Petroleum Corp Ltd	Equity	₹20.32 Cr	0.23%
The Indian Hotels Company Limited February 2026 Future	Equity - Future	₹-19.59 Cr	0.22%
Indian Hotels Co Ltd	Equity	₹19.55 Cr	0.22%
Bharti Airtel Ltd (Partly Paid Rs.1.25)	Equity	₹19.54 Cr	0.22%
Future on Tata Consultancy Services Ltd	Equity - Future	₹-18.95 Cr	0.22%
Tata Consultancy Services Ltd	Equity	₹18.86 Cr	0.22%
Future on Solar Industries India Ltd	Equity - Future	₹-18.71 Cr	0.21%
Solar Industries India Ltd	Equity	₹18.67 Cr	0.21%
Future on Petronet LNG Ltd	Equity - Future	₹-18.55 Cr	0.21%
Petronet LNG Ltd	Equity	₹18.5 Cr	0.21%
Zinc Future Feb 26	Commodity - Future	₹-18.32 Cr	0.21%
Hindustan Zinc Ltd	Equity	₹18.25 Cr	0.21%
Future on Exide Industries Ltd	Equity - Future	₹-18.15 Cr	0.21%
Exide Industries Ltd	Equity	₹18.06 Cr	0.21%
Bank of India	Equity	₹17.07 Cr	0.20%
Vedanta Limited February 2026 Future	Equity - Future	₹-16.06 Cr	0.18%
Vedanta Ltd	Equity	₹15.99 Cr	0.18%
Future on CG Power & Industrial Solutions Ltd	Equity - Future	₹-15.79 Cr	0.18%
CG Power & Industrial Solutions Ltd	Equity	₹15.74 Cr	0.18%
Future on PB Fintech Ltd	Equity - Future	₹-15.61 Cr	0.18%
PB Fintech Ltd	Equity	₹15.58 Cr	0.18%
Future on ICICI Prudential Life Insurance Co Ltd	Equity - Future	₹-15.36 Cr	0.18%
ICICI Prudential Life Insurance Co Ltd	Equity	₹15.32 Cr	0.18%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹14.99 Cr	0.17%
Icici Securities Limited (Earlier Icici Brokerage Services Limited)	Cash - Commercial Paper	₹14.91 Cr	0.17%
JSW Energy Ltd	Equity	₹14.25 Cr	0.16%
Future on Hindustan Aeronautics Ltd Ordinary Shares	Equity - Future	₹-13.81 Cr	0.16%
Hindustan Aeronautics Ltd Ordinary Shares	Equity	₹13.79 Cr	0.16%
Future on Max Financial Services Ltd	Equity - Future	₹-13.52 Cr	0.15%
Max Financial Services Ltd	Equity	₹13.49 Cr	0.15%
REC Ltd	Equity	₹13.41 Cr	0.15%
Rec Limited February 2026 Future	Equity - Future	₹-13.27 Cr	0.15%
Bandhan Bank Ltd	Equity	₹13.14 Cr	0.15%
Future on Inox Wind Energy Ltd Ordinary Shares	Equity - Future	₹-12.79 Cr	0.15%
Inox Wind Ltd	Equity	₹12.77 Cr	0.15%
Future on Delhivery Ltd	Equity - Future	₹-12.45 Cr	0.14%
Delhivery Ltd	Equity	₹12.37 Cr	0.14%
Future on Fortis Healthcare Ltd	Equity - Future	₹-11.91 Cr	0.14%
Fortis Healthcare Ltd	Equity	₹11.88 Cr	0.14%
Adani Green Energy Ltd	Equity	₹11.81 Cr	0.14%
Future on Patanjali Foods Ltd	Equity - Future	₹-11.57 Cr	0.13%
Patanjali Foods Ltd	Equity	₹11.53 Cr	0.13%
Future on Oracle Financial Services Software Ltd	Equity - Future	₹-11.2 Cr	0.13%
Oracle Financial Services Software Ltd	Equity	₹11.17 Cr	0.13%
Future on Asian Paints Ltd	Equity - Future	₹-11.16 Cr	0.13%
Asian Paints Ltd	Equity	₹11.11 Cr	0.13%
AU Small Finance Bank Ltd	Equity	₹10.9 Cr	0.12%
Future on Tube Investments of India Ltd Ordinary Shares	Equity - Future	₹-10.57 Cr	0.12%
Tube Investments of India Ltd Ordinary Shares	Equity	₹10.55 Cr	0.12%
Union Bank of India Future Feb 26	Equity - Future	₹-10.28 Cr	0.12%
Union Bank of India	Equity	₹10.24 Cr	0.12%
Future on Godrej Consumer Products Ltd	Equity - Future	₹-10.09 Cr	0.12%
Godrej Consumer Products Ltd	Equity	₹10.04 Cr	0.11%
Future on Muthoot Finance Ltd	Equity - Future	₹-9.8 Cr	0.11%
Muthoot Finance Ltd	Equity	₹9.79 Cr	0.11%
Future on Dabur India Ltd	Equity - Future	₹-9.6 Cr	0.11%
Dabur India Ltd	Equity	₹9.56 Cr	0.11%
Future on Eicher Motors Ltd	Equity - Future	₹-9.35 Cr	0.11%
Eicher Motors Ltd	Equity	₹9.33 Cr	0.11%
The Phoenix Mills Limited February 2026 Future	Equity - Future	₹-8.87 Cr	0.10%
Phoenix Mills Ltd	Equity	₹8.83 Cr	0.10%
Future on One97 Communications Ltd	Equity - Future	₹-8.67 Cr	0.10%
Future on Lodha Developers Ltd	Equity - Future	₹-8.67 Cr	0.10%
One97 Communications Ltd	Equity	₹8.66 Cr	0.10%
Lodha Developers Ltd	Equity	₹8.66 Cr	0.10%
Future on Syngene International Ltd	Equity - Future	₹-8.56 Cr	0.10%
Syngene International Ltd	Equity	₹8.52 Cr	0.10%
Future on Mazagon Dock Shipbuilders Ltd	Equity - Future	₹-8.45 Cr	0.10%
Mazagon Dock Shipbuilders Ltd	Equity	₹8.44 Cr	0.10%
Future on SRF Ltd	Equity - Future	₹-6.94 Cr	0.08%
SRF Ltd	Equity	₹6.93 Cr	0.08%
Future on LTIMindtree Ltd	Equity - Future	₹-6.2 Cr	0.07%
LTIMindtree Ltd	Equity	₹6.18 Cr	0.07%
Indian Energy Exchange Ltd	Equity	₹5.99 Cr	0.07%
NTPC Ltd	Equity	₹5.93 Cr	0.07%
NTPC Future Feb 26	Equity - Future	₹-5.89 Cr	0.07%
Future on Bharat Forge Ltd	Equity - Future	₹-5.84 Cr	0.07%
Bharat Forge Ltd	Equity	₹5.84 Cr	0.07%
Future on Bharat Heavy Electricals Ltd	Equity - Future	₹-5.67 Cr	0.06%
Bharat Heavy Electricals Ltd	Equity	₹5.65 Cr	0.06%
Cipla Limited February 2026 Future	Equity - Future	₹-5.39 Cr	0.06%
Cipla Ltd	Equity	₹5.36 Cr	0.06%
Future on Dalmia Bharat Ltd	Equity - Future	₹-5.25 Cr	0.06%
Dalmia Bharat Ltd	Equity	₹5.24 Cr	0.06%
Future on Havells India Ltd	Equity - Future	₹-4.59 Cr	0.05%
Havells India Ltd	Equity	₹4.56 Cr	0.05%
Future on GAIL (India) Ltd	Equity - Future	₹-4.55 Cr	0.05%
GAIL (India) Ltd	Equity	₹4.53 Cr	0.05%
Suzlon Energy Ltd	Equity	₹4.3 Cr	0.05%
Housing & Urban Development Corp Ltd	Equity	₹3.67 Cr	0.04%
Future on Housing & Urban Development Corp Ltd	Equity - Future	₹-3.65 Cr	0.04%
Future on Tata Motors	Equity - Future	₹-3.34 Cr	0.04%
Tata Motors Passenger Vehicles Ltd	Equity	₹3.33 Cr	0.04%
Coal India Ltd	Equity	₹3.27 Cr	0.04%
Future on Coal India Ltd	Equity - Future	₹-3.23 Cr	0.04%
Bharat Dynamics Ltd Ordinary Shares	Equity	₹2.96 Cr	0.03%
Future on Bharat Dynamics Ltd Ordinary Shares	Equity - Future	₹-2.95 Cr	0.03%
The Federal Bank Ltd	Equity	₹2.88 Cr	0.03%
Tata Capital Limited	Bond - Corporate Bond	₹2.5 Cr	0.03%
Future on Amber Enterprises India Ltd Ordinary Shares	Equity - Future	₹-2.18 Cr	0.02%
Amber Enterprises India Ltd Ordinary Shares	Equity	₹2.17 Cr	0.02%
Future on Zydus Lifesciences Ltd	Equity - Future	₹-2.16 Cr	0.02%
Zydus Lifesciences Ltd	Equity	₹2.15 Cr	0.02%
Future on Jindal Steel Ltd	Equity - Future	₹-1.98 Cr	0.02%
Jindal Steel Ltd	Equity	₹1.98 Cr	0.02%
Future on Info Edge (India) Ltd	Equity - Future	₹-1.65 Cr	0.02%
Info Edge (India) Ltd	Equity	₹1.64 Cr	0.02%
Future on Prestige Estates Projects Ltd	Equity - Future	₹-1.52 Cr	0.02%
Prestige Estates Projects Ltd	Equity	₹1.51 Cr	0.02%
HDFC Life Future Feb 26	Equity - Future	₹-1.45 Cr	0.02%
HDFC Life Insurance Co Ltd	Equity	₹1.45 Cr	0.02%
Power Finance Corp Ltd	Equity	₹1.38 Cr	0.02%
Power Finance Corporation Limited February 2026 Future	Equity - Future	₹-1.37 Cr	0.02%
Future on Manappuram Finance Ltd	Equity - Future	₹-1.37 Cr	0.02%
Manappuram Finance Ltd	Equity	₹1.37 Cr	0.02%
Future on Nuvama Wealth Management Ltd	Equity - Future	₹-1.35 Cr	0.02%
Nuvama Wealth Management Ltd	Equity	₹1.35 Cr	0.02%
Future on Unilever	Equity - Future	₹-1.28 Cr	0.01%
Hindustan Unilever Ltd	Equity	₹1.28 Cr	0.01%
Future on Kaynes Technology India Ltd	Equity - Future	₹-1.08 Cr	0.01%
Kaynes Technology India Ltd	Equity	₹1.08 Cr	0.01%
Indian Oil Corp Ltd	Equity	₹1.03 Cr	0.01%
S-Oil Future Feb 26	Equity - Future	₹-1.03 Cr	0.01%
Future on ICICI Lombard General Insurance Co Ltd	Equity - Future	₹-0.95 Cr	0.01%
ICICI Lombard General Insurance Co Ltd	Equity	₹0.94 Cr	0.01%
Hitachi Energy India Ltd Ordinary Shares	Equity	₹0.85 Cr	0.01%
Future on Tata Technologies Ltd	Equity - Future	₹-0.68 Cr	0.01%
Tata Technologies Ltd	Equity	₹0.67 Cr	0.01%
Dr. Reddy's Laboratories Limited February 2026 Future	Equity - Future	₹-0.61 Cr	0.01%
Dr Reddy's Laboratories Ltd	Equity	₹0.61 Cr	0.01%
Lupin Ltd	Equity	₹0.55 Cr	0.01%
Lupin Future Feb 26	Equity - Future	₹-0.55 Cr	0.01%
Future on Tata Elxsi Ltd	Equity - Future	₹-0.53 Cr	0.01%
Tata Elxsi Ltd	Equity	₹0.53 Cr	0.01%
Future on PG Electroplast Ltd	Equity - Future	₹-0.52 Cr	0.01%
PG Electroplast Ltd	Equity	₹0.52 Cr	0.01%
Future on Bajaj Auto Ltd	Equity - Future	₹-0.43 Cr	0.00%
Bajaj Auto Ltd	Equity	₹0.43 Cr	0.00%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹0.4 Cr	0.00%
Indian Railway Finance Corporation Limited	Bond - Corporate Bond	₹0.3 Cr	0.00%
Future on Central Depository Services (India) Ltd	Equity - Future	₹-0.25 Cr	0.00%
Central Depository Services (India) Ltd	Equity	₹0.25 Cr	0.00%
Mankind Pharma Ltd	Equity	₹0.1 Cr	0.00%
Colgate-Palmolive (India) Ltd	Equity	₹0.1 Cr	0.00%
Future on Colgate-Palmolive (India) Ltd	Equity - Future	₹-0.09 Cr	0.00%
Future on Mankind Pharma Ltd	Equity - Future	₹-0.1 Cr	0.00%
Future on Supreme Industries Ltd	Equity - Future	₹-0.06 Cr	0.00%
Supreme Industries Ltd	Equity	₹0.06 Cr	0.00%
Persistent Systems Ltd	Equity	₹0.06 Cr	0.00%
Future on Persistent Systems Ltd	Equity - Future	₹-0.06 Cr	0.00%

Allocation By Market Cap (Equity)

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹2,202.61 Cr	25.20%
Consumer Cyclical	₹963.47 Cr	11.03%
Basic Materials	₹782.69 Cr	8.96%
Industrials	₹582.45 Cr	6.66%
Healthcare	₹372.61 Cr	4.26%
Consumer Defensive	₹364.88 Cr	4.18%
Energy	₹327.86 Cr	3.75%
Communication Services	₹294.13 Cr	3.37%
Real Estate	₹208.98 Cr	2.39%
Technology	₹204.81 Cr	2.34%
Utilities	₹174.83 Cr	2.00%

Risk & Performance Ratios

Fund Managers

Devang Shah

Since August 2014

Sachin Jain

Since November 2021

Karthik Kumar

Since July 2023

Additional Scheme Detailsas of 31st January 2026

ISIN

INF846K01PZ1

Expense Ratio

0.32%

Exit Load

No Charges

Fund Size

₹8,739 Cr

Age

11 years 6 months

Lumpsum Minimum

₹500

Fund Status

Open Ended Investment Company

Benchmark

NIFTY 50 Arbitrage TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

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WhiteOak Capital Arbitrage Fund Regular Growth Low Risk	1.1%	0.0%	₹956.62 Cr	6.4%
WhiteOak Capital Arbitrage Fund Direct Growth Low Risk	0.4%	0.0%	₹956.62 Cr	7.2%
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Bajaj Finserv Arbitrage Fund Regular Growth Low Risk	1.1%	0.0%	₹1191.60 Cr	6.0%
Bajaj Finserv Arbitrage Fund Direct Growth Low Risk	0.4%	0.0%	₹1191.60 Cr	6.7%
SBI Arbitrage Opportunities Fund Direct Growth Low Risk	0.4%	0.0%	₹43574.28 Cr	7.0%
Bandhan Arbitrage Fund Regular Growth Low Risk	1.1%	0.0%	₹8828.63 Cr	6.1%
Nippon India Arbitrage Fund Direct Growth Low Risk	0.4%	0.0%	₹16390.20 Cr	6.9%
JM Arbitrage Fund Direct Growth Low Risk	0.4%	0.0%	₹376.20 Cr	6.6%
Invesco India Arbitrage Fund Direct Growth Low Risk	0.4%	0.0%	₹28593.32 Cr	7.1%
Kotak Equity Arbitrage Fund Direct Growth Low Risk	0.4%	0.0%	₹71931.38 Cr	7.0%
LIC MF Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹281.47 Cr	6.7%
LIC MF Arbitrage Fund Regular Growth Low Risk	1.0%	0.0%	₹281.47 Cr	6.0%
JM Arbitrage Fund Regular Growth Low Risk	1.1%	0.0%	₹376.20 Cr	5.8%
ICICI Prudential Equity Arbitrage Fund Regular Growth Low Risk	0.9%	0.0%	₹32976.02 Cr	6.4%
SBI Arbitrage Opportunities Fund Regular Growth Low Risk	0.9%	0.0%	₹43574.28 Cr	6.5%
UTI Arbitrage Fund Regular Growth Low Risk	0.8%	0.0%	₹10956.71 Cr	6.5%
NJ Arbitrage Fund Regular Growth Low Risk	1.0%	0.0%	₹270.13 Cr	5.6%
NJ Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹270.13 Cr	6.4%
Bandhan Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹8828.63 Cr	6.9%
Axis Arbitrage Fund Regular Growth Low Risk	1.0%	0.0%	₹8738.96 Cr	6.3%
Axis Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹8738.96 Cr	7.0%
UTI Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹10956.71 Cr	7.0%
Union Arbitrage Fund Direct Growth Low Risk	0.4%	0.0%	₹289.52 Cr	6.6%
Union Arbitrage Fund Regular Growth Low Risk	1.0%	0.0%	₹289.52 Cr	5.9%
Aditya Birla Sun Life Arbitrage Fund Regular Growth Low Risk	1.0%	0.0%	₹26735.75 Cr	6.4%
Aditya Birla Sun Life Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹26735.75 Cr	7.2%
ICICI Prudential Equity Arbitrage Fund Direct Growth Low Risk	0.4%	0.0%	₹32976.02 Cr	7.0%
Groww Arbitrage Fund Direct Growth Low Risk	0.4%	0.0%	₹2.49 Cr	5.8%
Groww Arbitrage Fund Regular Growth Low Risk	1.1%	0.0%	₹2.49 Cr	5.1%
Nippon India Arbitrage Fund Regular Growth Low Risk	1.1%	0.0%	₹16390.20 Cr	6.2%
HDFC Arbitrage Fund Direct Growth Low Risk	0.4%	0.0%	₹24502.54 Cr	6.9%
PGIM India Arbitrage Fund Direct Growth Low Risk	0.4%	0.0%	₹89.62 Cr	6.7%
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About the AMC

Axis Mutual Fund

+91 22 43255161

https://www.axismf.com/

Total AUM

₹3,61,213 Cr

Address

Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai, 400 025

Other Funds by Axis Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Axis Fixed Maturity Plan Series 129 108 Days Direct Growth Low to Moderate Risk	-	0.0%	-	-
Axis BSE India Sector Leaders Index Fund Direct Growth Very High Risk	-	0.0%	-	-
Axis Gold and Silver Passive FoF Direct Growth Very High Risk	0.2%	0.0%	₹548.64 Cr	-
Axis Multi-Asset Active FoF Direct Growth Very High Risk	0.1%	1.0%	₹1421.65 Cr	-
Axis Income Plus Arbitrage Passive Fund of Funds Direct Growth Low to Moderate Risk	0.0%	0.0%	₹147.81 Cr	-
Axis CRISIL-IBX Financial Services 3-6 Months Debt Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹283.12 Cr	-
Axis Nifty500 Quality 50 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹71.78 Cr	-
Axis Services Opportunities Fund Direct Growth Very High Risk	0.7%	1.0%	₹1725.11 Cr	-
Axis Nifty AAA Bond Financial Services - Mar 2028 Index Fund Direct Growth Moderate Risk	-	0.0%	-	-
Axis Nifty500 Momentum 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹119.73 Cr	9.2%
Axis CRISIL IBX AAA Bond NBFC HFC Jun 2027 Index Fund Direct Growth Moderate Risk	0.1%	0.0%	₹59.13 Cr	8.0%
Axis Momentum Fund Direct Growth Very High Risk	0.7%	1.0%	₹1094.87 Cr	12.1%
Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹22.40 Cr	8.1%
Axis Nifty500 Value 50 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹122.65 Cr	32.3%
Axis CRISIL IBX AAA NBFC Index Jun 2027 Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹1832.89 Cr	8.0%
Axis Consumption Fund Direct Growth Very High Risk	0.6%	1.0%	₹3151.49 Cr	8.2%
Axis Nifty 500 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹307.36 Cr	13.4%
Axis Nifty Bank Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹150.02 Cr	23.2%
Axis CRISIL IBX SDL June 2034 Debt Index Fund Direct Growth Moderate Risk	0.2%	0.0%	₹8.30 Cr	4.3%
Axis S&P BSE Sensex Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹46.57 Cr	9.8%
Axis Fixed Term Plan Series 120 (91 Days) Direct Growth Moderate Risk	-	0.0%	-	-
Axis Fixed Term Plan Series 119 71 Days Direct Growth Low to Moderate Risk	-	-	-	-
Axis US Treasury Dynamic Bond ETF Fund of Fund Direct Growth Very High Risk	0.1%	0.0%	₹37.37 Cr	12.7%
Axis India Manufacturing Fund Direct Growth Very High Risk	0.5%	1.0%	₹4910.39 Cr	20.0%
Axis Fixed Term Plan Series 118 100 Days Direct Growth Moderate Risk	-	0.0%	-	-
Axis Fixed Term Plan Series 113 1228 Days Direct Growth Low to Moderate Risk	-	0.0%	₹92.41 Cr	7.4%
Axis Fixed Term Plan Series 110 1553 Days Direct Growth Moderate Risk	-	0.0%	-	-
Axis Fixed Term Plan Series 105 1128 Days Direct Growth Moderate Risk	-	0.0%	-	-
Axis Fixed Term Plan Series 112 1143 Days Direct Growth Low Risk	-	0.0%	₹76.51 Cr	6.8%
Axis Nifty SDL September 2026 Debt Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹68.57 Cr	7.3%
Axis Banking & PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹13093.52 Cr	7.4%
Axis Global Equity Alpha Fund of Fund Direct Growth Very High Risk	0.8%	1.0%	₹1762.15 Cr	19.5%
Axis Nifty Smallcap 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹522.59 Cr	10.8%
Axis Flexi Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹12639.37 Cr	14.1%
Axis Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹22669.60 Cr	7.4%
Axis Equity Hybrid Fund Direct Growth High Risk	1.1%	1.0%	₹1497.28 Cr	10.7%
Axis Special Situations Fund Direct Growth Very High Risk	1.3%	1.0%	₹1145.06 Cr	11.0%
Axis Corporate Debt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹8564.57 Cr	8.1%
Axis ESG Equity Fund Direct Growth Very High Risk	1.4%	1.0%	₹1152.16 Cr	7.4%
Axis Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹8738.96 Cr	7.0%
Axis Greater China Equity Fund of Fund Direct Growth Very High Risk	0.5%	1.0%	₹2423.89 Cr	40.0%
Axis Value Fund Direct Growth Very High Risk	0.7%	1.0%	₹1374.94 Cr	16.9%
Axis All Seasons Debt Fund of Funds Direct Growth Moderate Risk	0.1%	0.0%	₹1992.60 Cr	8.1%
Axis Quant Fund Direct Growth Very High Risk	0.8%	1.0%	₹870.48 Cr	12.9%
Axis Gilt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹636.57 Cr	5.1%
Axis Bluechip Fund Direct Growth Very High Risk	0.7%	1.0%	₹32420.00 Cr	10.1%
Axis Dynamic Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹1142.83 Cr	7.1%
Axis Gold Fund Direct Growth High Risk	0.2%	1.0%	₹2834.85 Cr	74.4%
Axis Focused 25 Fund Direct Growth Very High Risk	0.8%	1.0%	₹11381.80 Cr	8.4%
Axis Regular Saver Fund Direct Growth Very High Risk	1.1%	1.0%	₹232.53 Cr	7.8%

Risk Level

Your principal amount will be at Low Risk

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Still got questions?
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What is the current NAV of Axis Arbitrage Fund Direct Growth?

The NAV of Axis Arbitrage Fund Direct Growth, as of 19-Feb-2026, is ₹21.17.

What are the returns of Axis Arbitrage Fund Direct Growth?

The fund has generated 7.03% over the last 1 year and 7.65% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of Axis Arbitrage Fund Direct Growth?

The fund's allocation of assets is distributed as -0.07% in equities, 2.14% in bonds, and 98.11% in cash and cash equivalents.

Who manages the Axis Arbitrage Fund Direct Growth?

The fund managers responsible for Axis Arbitrage Fund Direct Growth are:-

Devang Shah
Sachin Jain
Karthik Kumar

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Axis Arbitrage Fund Direct Growth

Fund Overview