Axis Arbitrage Fund - Regular Plan - Growth
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Delivered positive returns in 100% of 3-year investment horizons.
- Over 12 years of operational history across different market cycles.
- Equities carry market risk; returns fluctuate and recommended investment horizon is 5+ years.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +0.68% | +0.72% | -0.04% |
| 3 Months | +1.46% | +1.49% | -0.03% |
| 6 Months | +3.04% | +3.04% | 0.00% |
| 1 Year | +6.13% | +6.13% | 0.00% |
| 3 Years CAGR | +6.63% | +6.54% | +0.09% |
| 5 Years CAGR | +6.16% | +6.08% | +0.08% |
| 7 Years CAGR | +5.51% | +5.49% | +0.02% |
| 10 Years CAGR | +5.68% | +5.69% | -0.01% |
| Since Inception | +5.91% | - | - |
📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay
See how a regular monthly SIP in Axis Arbitrage Fund compares against a standard 7.0% p.a. Bank Fixed Deposit.
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +5.19% | +5.16% | +0.03% |
| 2025 | +6.33% | +6.23% | +0.10% |
| 2024 | +7.58% | +7.46% | +0.12% |
| 2023 | +6.90% | +7.05% | -0.15% |
| 2022 | +4.18% | +4.06% | +0.12% |
| 2021 | +3.84% | +3.55% | +0.29% |
| 2020 | +4.14% | +4.08% | +0.06% |
| 2019 | +5.84% | +6.07% | -0.23% |
| 2018 | +6.12% | +6.06% | +0.06% |
| 2017 | +5.23% | +5.58% | -0.35% |
| 2016 | +6.95% | +6.64% | +0.31% |
| 2015 | +7.30% | +7.60% | -0.30% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | +2.72% | +5.81% | +6.03% | +8.13% | 100.0% | - |
| 3-Year Rolling | +3.83% | +5.66% | +5.95% | +7.04% | 100.0% | - |
| 5-Year Rolling | +4.74% | +5.44% | +5.35% | +6.51% | 100.0% | - |
Risk Profile & Deepest Drawdowns
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equities, equity related instruments (unhedged) - (0%-10%), Equities, equity related instruments and derivatives including index futures, stock futures, index options, & stock options, etc. as part of hedged / arbitrage exposure - (65%-90%), | Per Scheme Mandate |
| Debt and Money market instruments (including investments in securitized debt) - (10%-35%) | Per Scheme Mandate |
Investment Objective & Strategy
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. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 10,449 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as comfortable relative to Arbitrage schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Arbitrage Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| Union Arbitrage Fund | 4.4 | +6.57% | 2.29% | - | Rs 240 cr | Compare → |
| Mirae Asset Arbitrage Fund | 4.3 | +6.54% | 3.19% | - | Rs 3,802 cr | Compare → |
| Parag Parikh Arbitrage Fund | 6.5 | +6.60% | 1.39% | - | Rs 2,724 cr | Compare → |
| ITI Arbitrage Fund | 4.8 | +6.54% | 1.77% | - | Rs 63.1 cr | Compare → |
| Tata Arbitrage Fund | 5.3 | +6.63% | 2.20% | - | Rs 24,777 cr | Compare → |
Frequently Asked Questions about Axis Arbitrage Fund
What is the expense ratio of Axis Arbitrage Fund?
Axis Arbitrage Fund has a total expense ratio (TER) of 2.09% with a base expense ratio of 0.86%, compared to the Arbitrage category median of 2.12%.
Who manages Axis Arbitrage Fund?
Axis Arbitrage Fund is managed by Devang Shah (tenure: 12.2 years since 2014-08-14).
What are the historical returns of Axis Arbitrage Fund?
Axis Arbitrage Fund delivered a 3-year CAGR of 6.63% and a 5-year CAGR of 6.16%. Its 1-year return stands at +6.13%.
How large is Axis Arbitrage Fund?
Axis Arbitrage Fund manages assets of Rs 10,449 cr, placing it in the 'comfortable' size band relative to Arbitrage peers.
How is Axis Arbitrage Fund scored on MFIQ?
Axis Arbitrage Fund holds an MFIQ Score of 5.3/10 (Weak), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is Axis Arbitrage Fund?
Axis Arbitrage Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 1.07% with a maximum historical drawdown of -0.66%.