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Axis Arbitrage Fund Direct Growth
Alternative StrategiesArbitrage FundLow Risk
Direct
NAV (25-May-26)
₹21.460.05%1D
Returns (Since Inception)
6.70%
Rated ★4.3+ on 
Fund Overview
Fund Size
₹9,718 Cr
Expense Ratio
1.82%
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, 9 months and 12 days, having been launched on 14-Aug-14.
As of 25-May-26, it has a Net Asset Value (NAV) of ₹21.46, Assets Under Management (AUM) of 9717.75 Crores, and an expense ratio of 1.82%.
As of 25-May-26, it has a Net Asset Value (NAV) of ₹21.46, Assets Under Management (AUM) of 9717.75 Crores, and an expense ratio of 1.82%.
- Axis Arbitrage Fund Direct Growth has given a CAGR return of 6.70% since inception.
- The fund's asset allocation comprises around -0.33% in equities, 3.19% in debts, and 97.11% 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
+6.46%
+5.90% (Cat Avg.)
3 Years
+7.45%
+6.82% (Cat Avg.)
5 Years
+6.64%
+5.98% (Cat Avg.)
10 Years
+6.48%
+5.70% (Cat Avg.)
Since Inception
+6.70%
— (Cat Avg.)
Portfolio Summaryas of 30th April 2026
| Equity | ₹-32.43 Cr | -0.33% |
| Debt | ₹309.59 Cr | 3.19% |
| Others | ₹9,440.58 Cr | 97.15% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Net Receivables / (Payables) | Cash | ₹6,425.71 Cr | 66.12% |
| Axis Money Market Dir Gr | Mutual Fund - Open End | ₹1,420.53 Cr | 14.62% |
| Future on BANK Index | Equity Index - Future | ₹-1,281.16 Cr | 13.18% |
| HDFC Bank Ltd | Equity | ₹428.42 Cr | 4.41% |
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹343.77 Cr | 3.54% |
| ICICI Bank Ltd | Equity | ₹309.71 Cr | 3.19% |
| Reliance Industries Ltd | Equity | ₹283.16 Cr | 2.91% |
| Bharti Airtel Ltd | Equity | ₹246.37 Cr | 2.54% |
| Kotak Mahindra Bank Ltd | Equity | ₹238.03 Cr | 2.45% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹235.51 Cr | 2.42% |
| Reliance Industries Limited May 2026 Future | Equity - Future | ₹-211.19 Cr | 2.17% |
| Bharti Airtel Limited May 2026 Future | Equity - Future | ₹-206.73 Cr | 2.13% |
| Bharat Heavy Electricals Ltd | Equity | ₹191.95 Cr | 1.98% |
| Bharat Heavy Electricals Limited May 2026 Future | Equity - Future | ₹-191.61 Cr | 1.97% |
| Bharat Electronics Ltd | Equity | ₹151.93 Cr | 1.56% |
| State Bank of India | Equity | ₹150.57 Cr | 1.55% |
| Cholamandalam Investment And Finance Company Ltd May 2026 Future | Equity - Future | ₹-149.73 Cr | 1.54% |
| Future on ITC | Equity - Future | ₹-149.15 Cr | 1.53% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹148.77 Cr | 1.53% |
| ITC Ltd | Equity | ₹148.63 Cr | 1.53% |
| Mahindra & Mahindra Financial Services Limited | Cash - Commercial Paper | ₹141.51 Cr | 1.46% |
| Bharat Electronics Limited May 2026 Future | Equity - Future | ₹-141.24 Cr | 1.45% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹136.52 Cr | 1.40% |
| Eternal Ltd | Equity | ₹134.25 Cr | 1.38% |
| Eternal Limited May 2026 Future | Equity - Future | ₹-129.12 Cr | 1.33% |
| Future on Adani Enterprises Ltd | Equity - Future | ₹-127.44 Cr | 1.31% |
| Adani Enterprises Ltd | Equity | ₹126.74 Cr | 1.30% |
| Jio Financial Services Limited May 2026 Future | Equity - Future | ₹-119.34 Cr | 1.23% |
| Jio Financial Services Ltd | Equity | ₹118.98 Cr | 1.22% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹118.39 Cr | 1.22% |
| UltraTech Cement Ltd | Equity | ₹118 Cr | 1.21% |
| Titan Company Limited May 2026 Future | Equity - Future | ₹-115.71 Cr | 1.19% |
| Titan Co Ltd | Equity | ₹115.26 Cr | 1.19% |
| Grasim Industries Limited May 2026 Future | Equity - Future | ₹-110.99 Cr | 1.14% |
| Tata Steel Limited May 2026 Future | Equity - Future | ₹-110.8 Cr | 1.14% |
| Grasim Industries Ltd | Equity | ₹110.66 Cr | 1.14% |
| Tata Steel Ltd | Equity | ₹110.44 Cr | 1.14% |
| Jsw Steel Limited May 2026 Future | Equity - Future | ₹-106.15 Cr | 1.09% |
| Future on Cenergy Holdings SA | Equity - Future | ₹-105.99 Cr | 1.09% |
| JSW Steel Ltd | Equity | ₹105.67 Cr | 1.09% |
| Mahindra & Mahindra Ltd | Equity | ₹102.59 Cr | 1.06% |
| Vodafone Idea Ltd | Equity | ₹99.93 Cr | 1.03% |
| Vodafone Idea Limited May 2026 Future | Equity - Future | ₹-99.73 Cr | 1.03% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹97.58 Cr | 1.00% |
| Container Corporation Of India Limited May 2026 Future | Equity - Future | ₹-96.19 Cr | 0.99% |
| Container Corporation of India Ltd | Equity | ₹95.73 Cr | 0.99% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹94.96 Cr | 0.98% |
| Sun Pharmaceutical Industries Limited May 2026 Future | Equity - Future | ₹-94.78 Cr | 0.98% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹94.77 Cr | 0.98% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹94.54 Cr | 0.97% |
| Small Industries Dev Bank Of India | Cash - CD/Time Deposit | ₹94.46 Cr | 0.97% |
| Dlf Limited May 2026 Future | Equity - Future | ₹-88.45 Cr | 0.91% |
| DLF Ltd | Equity | ₹87.94 Cr | 0.90% |
| Larsen & Toubro Limited May 2026 Future | Equity - Future | ₹-87.19 Cr | 0.90% |
| Nmdc Limited May 2026 Future | Equity - Future | ₹-87.18 Cr | 0.90% |
| Larsen & Toubro Ltd | Equity | ₹86.68 Cr | 0.89% |
| NMDC Ltd | Equity | ₹86.68 Cr | 0.89% |
| Steel Authority Of India Ltd | Equity | ₹86.6 Cr | 0.89% |
| Steel Authority Of India Limited May 2026 Future | Equity - Future | ₹-82.62 Cr | 0.85% |
| Ultratech Cement Limited June 2026 Future | Equity - Future | ₹-82.12 Cr | 0.85% |
| Multi Commodity Exchange Of India Limited May 2026 Future | Equity - Future | ₹-81.05 Cr | 0.83% |
| Multi Commodity Exchange of India Ltd | Equity | ₹80.79 Cr | 0.83% |
| Mahindra & Mahindra Limited May 2026 Future | Equity - Future | ₹-77.44 Cr | 0.80% |
| State Bank of India Future May 26 | Equity - Future | ₹-76.93 Cr | 0.79% |
| Axis Bank Ltd | Equity | ₹76.57 Cr | 0.79% |
| Bajaj Finance Ltd | Equity | ₹75.33 Cr | 0.78% |
| Reliance Industries Limited June 2026 Future | Equity - Future | ₹-73.28 Cr | 0.75% |
| Marico Limited May 2026 Future | Equity - Future | ₹-73.26 Cr | 0.75% |
| State Bank of India Future June 26 | Equity - Future | ₹-73.11 Cr | 0.75% |
| Marico Ltd | Equity | ₹73.01 Cr | 0.75% |
| Kotak Mahindra Prime Limited | Cash - Commercial Paper | ₹71.8 Cr | 0.74% |
| Punjab National Bank Future May 26 | Equity - Future | ₹-70.93 Cr | 0.73% |
| Punjab National Bank | Equity | ₹70.69 Cr | 0.73% |
| Bajaj Finance Limited June 2026 Future | Equity - Future | ₹-66.71 Cr | 0.69% |
| Maruti Suzuki India Ltd | Equity | ₹65.77 Cr | 0.68% |
| Maruti Suzuki India Limited May 2026 Future | Equity - Future | ₹-65.59 Cr | 0.67% |
| Tvs Motor Company Limited May 2026 Future | Equity - Future | ₹-64.09 Cr | 0.66% |
| TVS Motor Co Ltd | Equity | ₹63.69 Cr | 0.66% |
| Glenmark Pharmaceuticals Limited May 2026 Future | Equity - Future | ₹-63.36 Cr | 0.65% |
| Glenmark Pharmaceuticals Ltd | Equity | ₹62.98 Cr | 0.65% |
| Coforge Ltd | Equity | ₹61.57 Cr | 0.63% |
| Coforge Limited May 2026 Future | Equity - Future | ₹-61.5 Cr | 0.63% |
| Adani Energy Solutions Ltd | Equity | ₹58.17 Cr | 0.60% |
| Future on Asian Paints Ltd | Equity - Future | ₹-54.06 Cr | 0.56% |
| Asian Paints Ltd | Equity | ₹53.78 Cr | 0.55% |
| Canara Bank | Equity | ₹53.17 Cr | 0.55% |
| Lic Housing Finance Limited May 2026 Future | Equity - Future | ₹-53.12 Cr | 0.55% |
| LIC Housing Finance Ltd | Equity | ₹52.81 Cr | 0.54% |
| Tata Power Co Ltd | Equity | ₹50.99 Cr | 0.52% |
| 7.22% Karnataka Sdl 2026 | Bond - Gov't/Treasury | ₹50.35 Cr | 0.52% |
| Varun Beverages Ltd | Equity | ₹50.05 Cr | 0.52% |
| Varun Beverages Limited May 2026 Future | Equity - Future | ₹-49.59 Cr | 0.51% |
| Eicher Motors Ltd | Equity | ₹49.27 Cr | 0.51% |
| Eicher Motors Limited May 2026 Future | Equity - Future | ₹-49.19 Cr | 0.51% |
| Tata Power Company Limited May 2026 Future | Equity - Future | ₹-48.03 Cr | 0.49% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹47.49 Cr | 0.49% |
| Kotak Mahindra Bank Limited | Cash - CD/Time Deposit | ₹47.46 Cr | 0.49% |
| Canara Bank | Cash - CD/Time Deposit | ₹47.46 Cr | 0.49% |
| Small Industries Dev Bank Of India | Cash - CD/Time Deposit | ₹47.42 Cr | 0.49% |
| Canara Bank | Cash - CD/Time Deposit | ₹47.41 Cr | 0.49% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹47.41 Cr | 0.49% |
| Kotak Securities Limited | Cash - Commercial Paper | ₹47.18 Cr | 0.49% |
| ICICI Securities Limited | Cash - Commercial Paper | ₹47.16 Cr | 0.49% |
| Canara Bank | Cash - CD/Time Deposit | ₹46.96 Cr | 0.48% |
| Manappuram Finance Limited May 2026 Future | Equity - Future | ₹-46.94 Cr | 0.48% |
| Manappuram Finance Ltd | Equity | ₹46.71 Cr | 0.48% |
| Delhivery Limited May 2026 Future | Equity - Future | ₹-44.7 Cr | 0.46% |
| Delhivery Ltd | Equity | ₹44.48 Cr | 0.46% |
| Sona Blw Precision Forgings Limited May 2026 Future | Equity - Future | ₹-43.06 Cr | 0.44% |
| Sona BLW Precision Forgings Ltd | Equity | ₹42.92 Cr | 0.44% |
| Sun Pharmaceutical Industries Limited June 2026 Future | Equity - Future | ₹-42.5 Cr | 0.44% |
| Bharti Airtel Limited June 2026 Future | Equity - Future | ₹-41.15 Cr | 0.42% |
| Ultratech Cement Limited May 2026 Future | Equity - Future | ₹-37.12 Cr | 0.38% |
| Divi's Laboratories Ltd | Equity | ₹36.41 Cr | 0.37% |
| UPL Future May 26 | Equity - Future | ₹-36.33 Cr | 0.37% |
| Future on Apollo Hospitals Enterprise Ltd | Equity - Future | ₹-36.09 Cr | 0.37% |
| UPL Ltd | Equity | ₹36.09 Cr | 0.37% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹35.89 Cr | 0.37% |
| Gmr Airports Limited May 2026 Future | Equity - Future | ₹-35.37 Cr | 0.36% |
| RBL Bank Ltd | Equity | ₹35.37 Cr | 0.36% |
| GMR Airports Ltd | Equity | ₹35.18 Cr | 0.36% |
| Uno Minda Limited May 2026 Future | Equity - Future | ₹-35.05 Cr | 0.36% |
| UNO Minda Ltd | Equity | ₹34.82 Cr | 0.36% |
| Indus Towers Limited May 2026 Future | Equity - Future | ₹-33.15 Cr | 0.34% |
| SBI Life Future May 26 | Equity - Future | ₹-33.04 Cr | 0.34% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹32.96 Cr | 0.34% |
| SBI Life Insurance Co Ltd | Equity | ₹32.95 Cr | 0.34% |
| Crompton Greaves Consumer Electricals Limited May 2026 Future | Equity - Future | ₹-32.5 Cr | 0.33% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹32.41 Cr | 0.33% |
| Indian Bank | Equity | ₹31.77 Cr | 0.33% |
| Hero Motocorp Limited May 2026 Future | Equity - Future | ₹-31.74 Cr | 0.33% |
| Pnb Housing Finance Limited May 2026 Future | Equity - Future | ₹-31.7 Cr | 0.33% |
| Fsn E-Commerce Ventures Limited May 2026 Future | Equity - Future | ₹-31.63 Cr | 0.33% |
| Hero MotoCorp Ltd | Equity | ₹31.59 Cr | 0.33% |
| Adani Green Energy Ltd | Equity | ₹31.59 Cr | 0.33% |
| PNB Housing Finance Ltd | Equity | ₹31.54 Cr | 0.32% |
| FSN E-Commerce Ventures Ltd | Equity | ₹31.44 Cr | 0.32% |
| Nbcc (India) Limited May 2026 Future | Equity - Future | ₹-29.85 Cr | 0.31% |
| NBCC India Ltd | Equity | ₹29.67 Cr | 0.31% |
| Kalyan Jewellers India Limited May 2026 Future | Equity - Future | ₹-29.27 Cr | 0.30% |
| Kalyan Jewellers India Ltd | Equity | ₹29.1 Cr | 0.30% |
| Shriram Finance Ltd | Equity | ₹28.69 Cr | 0.30% |
| HDFC Life Insurance Co Ltd | Equity | ₹28.41 Cr | 0.29% |
| Rec Limited May 2026 Future | Equity - Future | ₹-25.92 Cr | 0.27% |
| Mahindra & Mahindra Limited June 2026 Future | Equity - Future | ₹-25.9 Cr | 0.27% |
| REC Ltd | Equity | ₹25.84 Cr | 0.27% |
| HDFC Life Future May 26 | Equity - Future | ₹-25.64 Cr | 0.26% |
| Future on Hindustan Zinc Ltd | Equity - Future | ₹-25.48 Cr | 0.26% |
| Hindustan Zinc Ltd | Equity | ₹25.41 Cr | 0.26% |
| Future on APL Apollo Tubes Ltd | Equity - Future | ₹-25.15 Cr | 0.26% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹25.01 Cr | 0.26% |
| APL Apollo Tubes Ltd | Equity | ₹25 Cr | 0.26% |
| Bajaj Finserv Limited May 2026 Future | Equity - Future | ₹-24.62 Cr | 0.25% |
| Shriram Finance Limited May 2026 Future | Equity - Future | ₹-24.58 Cr | 0.25% |
| Bajaj Finserv Ltd | Equity | ₹24.55 Cr | 0.25% |
| Muthoot Finance Limited May 2026 Future | Equity - Future | ₹-23.96 Cr | 0.25% |
| Muthoot Finance Ltd | Equity | ₹23.82 Cr | 0.25% |
| Yes Bank Ltd | Equity | ₹23.49 Cr | 0.24% |
| Biocon Limited May 2026 Future | Equity - Future | ₹-23.2 Cr | 0.24% |
| Biocon Ltd | Equity | ₹23.11 Cr | 0.24% |
| NTPC Ltd | Equity | ₹23.05 Cr | 0.24% |
| The Federal Bank Ltd | Equity | ₹22.6 Cr | 0.23% |
| Lodha Developers Limited May 2026 Future | Equity - Future | ₹-22.5 Cr | 0.23% |
| NTPC Future May 26 | Equity - Future | ₹-22.47 Cr | 0.23% |
| Lodha Developers Ltd | Equity | ₹22.38 Cr | 0.23% |
| Godrej Consumer Products Ltd | Equity | ₹22.3 Cr | 0.23% |
| Godrej Consumer Products Limited May 2026 Future | Equity - Future | ₹-22.25 Cr | 0.23% |
| Interglobe Aviation Limited May 2026 Future | Equity - Future | ₹-21.39 Cr | 0.22% |
| InterGlobe Aviation Ltd | Equity | ₹21.26 Cr | 0.22% |
| Icici Prudential Life Insurance Company Limited May 2026 Future | Equity - Future | ₹-21.05 Cr | 0.22% |
| ICICI Prudential Life Insurance Co Ltd | Equity | ₹20.96 Cr | 0.22% |
| Future on Bank of Baroda | Equity - Future | ₹-20.78 Cr | 0.21% |
| Bank of Baroda | Equity | ₹20.65 Cr | 0.21% |
| Future on Ambuja Cements Ltd | Equity - Future | ₹-20.64 Cr | 0.21% |
| Ambuja Cements Ltd | Equity | ₹20.52 Cr | 0.21% |
| Exide Industries Limited May 2026 Future | Equity - Future | ₹-20.52 Cr | 0.21% |
| Bosch Future May 26 | Equity - Future | ₹-20.47 Cr | 0.21% |
| Exide Industries Ltd | Equity | ₹20.44 Cr | 0.21% |
| Bosch Ltd | Equity | ₹20.34 Cr | 0.21% |
| Divi's Laboratories Limited May 2026 Future | Equity - Future | ₹-20.28 Cr | 0.21% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹19.86 Cr | 0.20% |
| Future on Aurobindo Pharma Ltd | Equity - Future | ₹-17.74 Cr | 0.18% |
| Future on Adani Power Ltd | Equity - Future | ₹-17.68 Cr | 0.18% |
| Aurobindo Pharma Ltd | Equity | ₹17.65 Cr | 0.18% |
| Adani Power Ltd | Equity | ₹17.56 Cr | 0.18% |
| Future on Adani Ports & Special Economic Zone Ltd | Equity - Future | ₹-17.3 Cr | 0.18% |
| Adani Ports & Special Economic Zone Ltd | Equity | ₹17.24 Cr | 0.18% |
| Inox Wind Limited May 2026 Future | Equity - Future | ₹-16.84 Cr | 0.17% |
| Max Financial Services Limited May 2026 Future | Equity - Future | ₹-16.78 Cr | 0.17% |
| Inox Wind Ltd | Equity | ₹16.75 Cr | 0.17% |
| Max Financial Services Ltd | Equity | ₹16.68 Cr | 0.17% |
| Divi's Laboratories Limited June 2026 Future | Equity - Future | ₹-16.45 Cr | 0.17% |
| Bank of India | Equity | ₹15.86 Cr | 0.16% |
| Dabur India Limited May 2026 Future | Equity - Future | ₹-15.54 Cr | 0.16% |
| Dabur India Ltd | Equity | ₹15.45 Cr | 0.16% |
| Pb Fintech Limited May 2026 Future | Equity - Future | ₹-15.15 Cr | 0.16% |
| PB Fintech Ltd | Equity | ₹15.1 Cr | 0.16% |
| Godrej Properties Limited May 2026 Future | Equity - Future | ₹-15.04 Cr | 0.15% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹15.01 Cr | 0.15% |
| Godrej Properties Ltd | Equity | ₹14.99 Cr | 0.15% |
| Prestige Estates Projects Limited May 2026 Future | Equity - Future | ₹-14.6 Cr | 0.15% |
| Prestige Estates Projects Ltd | Equity | ₹14.51 Cr | 0.15% |
| Srf Limited May 2026 Future | Equity - Future | ₹-14.19 Cr | 0.15% |
| SRF Ltd | Equity | ₹14.1 Cr | 0.15% |
| AU Small Finance Bank Ltd | Equity | ₹14.02 Cr | 0.14% |
| The Phoenix Mills Limited May 2026 Future | Equity - Future | ₹-12.52 Cr | 0.13% |
| Phoenix Mills Ltd | Equity | ₹12.48 Cr | 0.13% |
| Max Healthcare Institute Limited May 2026 Future | Equity - Future | ₹-12.32 Cr | 0.13% |
| S-Oil Future May 26 | Equity - Future | ₹-12.27 Cr | 0.13% |
| Laurus Labs Limited May 2026 Future | Equity - Future | ₹-11.95 Cr | 0.12% |
| Laurus Labs Ltd | Equity | ₹11.88 Cr | 0.12% |
| Bharat Electronics Limited June 2026 Future | Equity - Future | ₹-11.7 Cr | 0.12% |
| IDFC First Bank Ltd | Equity | ₹11.56 Cr | 0.12% |
| Hindustan Aeronautics Limited May 2026 Future | Equity - Future | ₹-9.69 Cr | 0.10% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹9.63 Cr | 0.10% |
| Cipla Limited May 2026 Future | Equity - Future | ₹-9.47 Cr | 0.10% |
| Bharat Forge Limited May 2026 Future | Equity - Future | ₹-9.46 Cr | 0.10% |
| Cipla Ltd | Equity | ₹9.43 Cr | 0.10% |
| Bharat Forge Ltd | Equity | ₹9.41 Cr | 0.10% |
| Bajaj Finance Limited May 2026 Future | Equity - Future | ₹-9.05 Cr | 0.09% |
| Fortis Healthcare Limited May 2026 Future | Equity - Future | ₹-8.92 Cr | 0.09% |
| Fortis Healthcare Ltd | Equity | ₹8.87 Cr | 0.09% |
| Nestle Future May 26 | Equity - Future | ₹-8.85 Cr | 0.09% |
| Nestle India Ltd | Equity | ₹8.82 Cr | 0.09% |
| National Aluminium Co Ltd | Equity | ₹8.61 Cr | 0.09% |
| Future on National Aluminium Co Ltd | Equity - Future | ₹-8.59 Cr | 0.09% |
| Hindalco Industries Limited May 2026 Future | Equity - Future | ₹-8.17 Cr | 0.08% |
| Hindalco Industries Ltd | Equity | ₹8.14 Cr | 0.08% |
| Indian Energy Exchange Ltd | Equity | ₹8.07 Cr | 0.08% |
| Max Healthcare Institute Limited June 2026 Future | Equity - Future | ₹-7.71 Cr | 0.08% |
| One 97 Communications Limited May 2026 Future | Equity - Future | ₹-7.51 Cr | 0.08% |
| One97 Communications Ltd | Equity | ₹7.47 Cr | 0.08% |
| Oil & Natural Gas Corp Ltd | Equity | ₹7.28 Cr | 0.07% |
| IndusInd Bank Ltd | Equity | ₹7.18 Cr | 0.07% |
| Bandhan Bank Ltd | Equity | ₹7.05 Cr | 0.07% |
| The Indian Hotels Company Limited May 2026 Future | Equity - Future | ₹-6.98 Cr | 0.07% |
| Indian Hotels Co Ltd | Equity | ₹6.93 Cr | 0.07% |
| United Spirits Limited May 2026 Future | Equity - Future | ₹-6.77 Cr | 0.07% |
| United Spirits Ltd | Equity | ₹6.73 Cr | 0.07% |
| Bse Limited May 2026 Future | Equity - Future | ₹-6.58 Cr | 0.07% |
| BSE Ltd | Equity | ₹6.55 Cr | 0.07% |
| Cummins India Limited May 2026 Future | Equity - Future | ₹-6.36 Cr | 0.07% |
| Cummins India Ltd | Equity | ₹6.32 Cr | 0.07% |
| Indian Oil Corp Ltd | Equity | ₹6.24 Cr | 0.06% |
| Power Grid Corporation Of India Limited May 2026 Future | Equity - Future | ₹-6.06 Cr | 0.06% |
| Power Grid Corp Of India Ltd | Equity | ₹6.05 Cr | 0.06% |
| Eternal Limited June 2026 Future | Equity - Future | ₹-5.94 Cr | 0.06% |
| Hdfc Asset Management Company Limited May 2026 Future | Equity - Future | ₹-5.49 Cr | 0.06% |
| HDFC Asset Management Co Ltd | Equity | ₹5.45 Cr | 0.06% |
| Supreme Industries Limited May 2026 Future | Equity - Future | ₹-4.77 Cr | 0.05% |
| Supreme Industries Ltd | Equity | ₹4.75 Cr | 0.05% |
| Tata Consumer Future May 26 | Equity - Future | ₹-4.68 Cr | 0.05% |
| Tata Consumer Products Ltd | Equity | ₹4.66 Cr | 0.05% |
| Steel Authority Of India Limited June 2026 Future | Equity - Future | ₹-4.57 Cr | 0.05% |
| Waaree Energies Limited May 2026 Future | Equity - Future | ₹-4.39 Cr | 0.05% |
| Waaree Energies Ltd | Equity | ₹4.37 Cr | 0.04% |
| Shriram Finance Limited June 2026 Future | Equity - Future | ₹-4.22 Cr | 0.04% |
| Info Edge (India) Limited May 2026 Future | Equity - Future | ₹-4.22 Cr | 0.04% |
| Info Edge (India) Ltd | Equity | ₹4.2 Cr | 0.04% |
| Hitachi Energy India Ltd Ordinary Shares | Equity | ₹4.19 Cr | 0.04% |
| Bajaj Holdings & Investment Limited May 2026 Future | Equity - Future | ₹-4.19 Cr | 0.04% |
| Bajaj Holdings and Investment Ltd | Equity | ₹4.16 Cr | 0.04% |
| Zydus Lifesciences Limited May 2026 Future | Equity - Future | ₹-4.04 Cr | 0.04% |
| Mphasis Limited May 2026 Future | Equity - Future | ₹-4.03 Cr | 0.04% |
| Zydus Lifesciences Ltd | Equity | ₹4.01 Cr | 0.04% |
| Mphasis Ltd | Equity | ₹4.01 Cr | 0.04% |
| Bharat Petroleum Corp Ltd | Equity | ₹3.92 Cr | 0.04% |
| Hindustan Petroleum Corporation Limited May 2026 Future | Equity - Future | ₹-3.89 Cr | 0.04% |
| Hindustan Petroleum Corp Ltd | Equity | ₹3.87 Cr | 0.04% |
| GAIL (India) Ltd | Equity | ₹3.29 Cr | 0.03% |
| Tata Power Company Limited June 2026 Future | Equity - Future | ₹-3.25 Cr | 0.03% |
| Cg Power And Industrial Solutions Limited May 2026 Future | Equity - Future | ₹-3.2 Cr | 0.03% |
| CG Power & Industrial Solutions Ltd | Equity | ₹3.18 Cr | 0.03% |
| HDFC Life Future June 26 | Equity - Future | ₹-2.92 Cr | 0.03% |
| Icici Lombard General Insurance Company Limited May 2026 Future | Equity - Future | ₹-2.87 Cr | 0.03% |
| Bharat Petroleum Corporation Limited May 2026 Future | Equity - Future | ₹-2.87 Cr | 0.03% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹2.87 Cr | 0.03% |
| Britannia Industries Limited May 2026 Future | Equity - Future | ₹-2.73 Cr | 0.03% |
| Britannia Industries Ltd | Equity | ₹2.72 Cr | 0.03% |
| Gail (India) Limited May 2026 Future | Equity - Future | ₹-2.58 Cr | 0.03% |
| Lupin Future May 26 | Equity - Future | ₹-2.55 Cr | 0.03% |
| Lupin Ltd | Equity | ₹2.55 Cr | 0.03% |
| Mazagon Dock Shipbuilders Limited May 2026 Future | Equity - Future | ₹-2.52 Cr | 0.03% |
| Mazagon Dock Shipbuilders Ltd | Equity | ₹2.51 Cr | 0.03% |
| Havells India Limited May 2026 Future | Equity - Future | ₹-2.17 Cr | 0.02% |
| Havells India Ltd | Equity | ₹2.17 Cr | 0.02% |
| Suzlon Energy Ltd | Equity | ₹1.96 Cr | 0.02% |
| Jindal Steel Limited May 2026 Future | Equity - Future | ₹-1.77 Cr | 0.02% |
| Jindal Steel Ltd | Equity | ₹1.76 Cr | 0.02% |
| Solar Industries India Limited May 2026 Future | Equity - Future | ₹-1.63 Cr | 0.02% |
| Solar Industries India Ltd | Equity | ₹1.62 Cr | 0.02% |
| Patanjali Foods Limited May 2026 Future | Equity - Future | ₹-1.62 Cr | 0.02% |
| Patanjali Foods Ltd | Equity | ₹1.61 Cr | 0.02% |
| Future on Avenue Supermarts Ltd | Equity - Future | ₹-1.59 Cr | 0.02% |
| Avenue Supermarts Ltd | Equity | ₹1.58 Cr | 0.02% |
| JSW Energy Ltd | Equity | ₹1.57 Cr | 0.02% |
| Bharat Heavy Electricals Limited June 2026 Future | Equity - Future | ₹-1.5 Cr | 0.02% |
| S-Oil Future June 26 | Equity - Future | ₹-1.33 Cr | 0.01% |
| Samvardhana Motherson International Limited May 2026 Future | Equity - Future | ₹-1.2 Cr | 0.01% |
| Samvardhana Motherson International Ltd | Equity | ₹1.19 Cr | 0.01% |
| Kpit Technologies Limited May 2026 Future | Equity - Future | ₹-1.17 Cr | 0.01% |
| KPIT Technologies Ltd | Equity | ₹1.16 Cr | 0.01% |
| Bharat Petroleum Corporation Limited June 2026 Future | Equity - Future | ₹-1.08 Cr | 0.01% |
| Page Industries Limited May 2026 Future | Equity - Future | ₹-1.05 Cr | 0.01% |
| Page Industries Ltd | Equity | ₹1.05 Cr | 0.01% |
| Dalmia Bharat Limited May 2026 Future | Equity - Future | ₹-0.87 Cr | 0.01% |
| Dalmia Bharat Ltd | Equity | ₹0.87 Cr | 0.01% |
| Tube Investments Of India Limited May 2026 Future | Equity - Future | ₹-0.83 Cr | 0.01% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹0.83 Cr | 0.01% |
| Varun Beverages Limited June 2026 Future | Equity - Future | ₹-0.76 Cr | 0.01% |
| Gail (India) Limited June 2026 Future | Equity - Future | ₹-0.73 Cr | 0.01% |
| NTPC Future June 26 | Equity - Future | ₹-0.67 Cr | 0.01% |
| Vodafone Idea Limited June 2026 Future | Equity - Future | ₹-0.59 Cr | 0.01% |
| Maruti Suzuki India Limited June 2026 Future | Equity - Future | ₹-0.54 Cr | 0.01% |
| Eicher Motors Limited June 2026 Future | Equity - Future | ₹-0.36 Cr | 0.00% |
| Kei Industries Limited May 2026 Future | Equity - Future | ₹-0.34 Cr | 0.00% |
| KEI Industries Ltd | Equity | ₹0.34 Cr | 0.00% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹0.3 Cr | 0.00% |
| Alkem Laboratories Ltd | Equity | ₹0.27 Cr | 0.00% |
| Future on Alkem Laboratories Ltd | Equity - Future | ₹-0.27 Cr | 0.00% |
| Future on Unilever | Equity - Future | ₹-0.2 Cr | 0.00% |
| Hindustan Unilever Ltd | Equity | ₹0.2 Cr | 0.00% |
| Power Finance Corporation Limited May 2026 Future | Equity - Future | ₹-0.12 Cr | 0.00% |
| Power Finance Corp Ltd | Equity | ₹0.12 Cr | 0.00% |
| Cenergy Holdings SA Future June 26 | Equity - Future | ₹-0.09 Cr | 0.00% |
| Pidilite Industries Ltd | Equity | ₹0.07 Cr | 0.00% |
| Pidilite Industries Limited May 2026 Future | Equity - Future | ₹-0.07 Cr | 0.00% |
| Vishal Mega Mart Ltd | Equity | ₹0.06 Cr | 0.00% |
| Vishal Mega Mart Limited May 2026 Future | Equity - Future | ₹-0.06 Cr | 0.00% |
| Tata Motors Passenger Vehicles Ltd | Equity | ₹0.03 Cr | 0.00% |
| Future on Tata Motors | Equity - Future | ₹-0.03 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
42.02%
Mid Cap Stocks
14.75%
Small Cap Stocks
3.80%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹2,315.87 Cr | 23.83% |
| Basic Materials | ₹799.91 Cr | 8.23% |
| Consumer Cyclical | ₹792.55 Cr | 8.16% |
| Industrials | ₹740.86 Cr | 7.62% |
| Energy | ₹431.2 Cr | 4.44% |
| Communication Services | ₹383.46 Cr | 3.95% |
| Healthcare | ₹369.45 Cr | 3.80% |
| Consumer Defensive | ₹335.77 Cr | 3.46% |
| Utilities | ₹192.27 Cr | 1.98% |
| Real Estate | ₹152.31 Cr | 1.57% |
| Technology | ₹78.58 Cr | 0.81% |
Risk & Performance Ratios
Standard Deviation
This fund
0.37%
Cat. avg.
0.52%
Lower the better
Sharpe Ratio
This fund
3.07
Cat. avg.
1.21
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
3.96
Higher the better
Fund Managers
Devang Shah
Since August 2014
SJ
Sachin Jain
Since November 2021
Additional Scheme Detailsas of 30th April 2026
ISIN INF846K01PZ1 | Expense Ratio 1.82% | Exit Load No Charges | Fund Size ₹9,718 Cr | Age 11 years 9 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.
Similar Arbitrage Fund Funds
About the AMC
Axis Mutual Fund
Total AUM
₹3,22,682 Cr
Address
Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai, 400 025
Other Funds by Axis Mutual Fund
Risk Level
Your principal amount will be at Low Risk
Take control of your wealth
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Axis Arbitrage Fund Direct Growth?
The NAV of Axis Arbitrage Fund Direct Growth, as of 25-May-2026, is ₹21.46.
What are the returns of Axis Arbitrage Fund Direct Growth?
The fund has generated 6.46% over the last 1 year and 7.45% 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 -0.33% in equities, 3.19% in bonds, and 97.11% 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
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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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Dezerv Investments Pvt. Ltd. is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
