HealthyDirect · Growth
Axis Arbitrage Fund
Axis Mutual FundHybrid Schemes - Arbitrage Fund12.1 years
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.
- NAV
- 21.9161
- 15 Sept 2026
- 1Y
- +6.7%
- Trailing CAGR
- AUM
- ₹10,339.07 Cr
- 31 Aug 2026
- Volatility
- Low
- 1.0% annualized
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+6.7%
- 3Y+7.4%
- 5Y+6.8%
- 10Y+6.5%
- SI+6.7%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+6.6%
- 3Y+7.0%
- 5Y+7.1%
- 10Y+6.5%
- Since inception
- +6.7%
- Calendar-day CAGR
- Excess 1Y
- +0.2%
- Category median, same plan and option
- 3Y win rate
- +87%
- Windows beating the median
- 3Y percentile
- 78
- Vs comparable share classes
- Worst rolling 3Y
- +4.6%
- 2243 daily-ending windows
- Median rolling 3Y
- +6.7%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 1751 daily-ending windows
- SIP 3Y XIRR
- +7.0%
- Simulated monthly SIP
Drawdown
Peak to trough from a running NAV high. Move across the path to read a date.
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 2 days
- 667 recovered episodes
- Longest recovery
- 72 days
- Trough to prior peak
- Current spell
- 5 days
- Days below latest peak
- Time below peak
- +45%
- NAV observations
16 Mar 2020 – 30 Mar 2020
Trough 25 Mar 2020 · recovered in 5 days
-0.6%
29 May 2020 – 14 Aug 2020
Trough 3 Jun 2020 · recovered in 72 days
-0.5%
3 Aug 2026 – 24 Aug 2026
Trough 6 Aug 2026 · recovered in 18 days
-0.4%
1 Sept 2026 – 10 Sept 2026
Trough 4 Sept 2026 · recovered in 6 days
-0.3%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
78
Vs category
51
Consistency
84
Risk-adjusted
91
Drawdown
98
Mean
81
Portfolio
31 Aug 2026 · 163 holdings · top 10 are 102.5%.
- Top 5
- 90.9%
- Top 10
- 102.5%
- Largest holding
- 68.0%
- Effective holdings
- 2.0
Net Receivables
Unspecified
68.0%
Axis Money Market Fund Direct-Growth
Unspecified
12.5%
ICICI Bank Ltd
Financial
3.5%
HDFC Bank Ltd
Financial
3.5%
Reliance Industries Ltd
Energy & Utilities
3.3%
Decision
Quantitative read of the live evidence. An explanation can only restate what is already here.
As of 15 Sept 2026
Healthy
Engine status
Healthy
Doing its job
Why this status
- No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Supporting reads
- The fund beat the category median in 87% of rolling 3-year windows.
- Three-year return is above the category median.
- Risk-adjusted return sits above the documented risk-free proxy.
- Peak-to-trough drawdown has stayed shallower than 15%.
Worth investigating
Same-category peers with enough history to inspect beside this fund.
Mirae Asset Arbitrage Fund
Mirae Asset Mutual Fund
- 1Y
- +6.8%
- 3Y
- +7.4%
- Vol
- 1.0%
- Max DD
- -0.4%
- Sharpe
- 0.89
- 3Y win
- +81%
- Lower volatility
- Shallower drawdown
- Higher trailing returns
Caveat: Higher TER
WhiteOak Capital Arbitrage Fund
WhiteOak Capital Mutual Fund
- 1Y
- +7.1%
- 3Y
- n/a
- Vol
- 1.1%
- Max DD
- -0.4%
- Sharpe
- 1.72
- 3Y win
- n/a
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher volatility · Higher TER · Lower trailing returns
HSBC Arbitrage Fund
HSBC Mutual Fund
- 1Y
- +6.6%
- 3Y
- +7.2%
- Vol
- 1.0%
- Max DD
- -0.3%
- Sharpe
- 2.01
- 3Y win
- 0%
- Lower volatility
- Shallower drawdown
Caveat: Higher TER · Lower trailing returns
Invesco India Arbitrage Fund
Invesco Mutual Fund
- 1Y
- +6.9%
- 3Y
- +7.5%
- Vol
- 1.0%
- Max DD
- -0.5%
- Sharpe
- 1.55
- 3Y win
- +63%
- Shallower drawdown
- Higher trailing returns
Caveat: Higher volatility · Higher TER
Mahindra Manulife Arbitrage Fund
Mahindra Manulife Mutual Fund
- 1Y
- +6.2%
- 3Y
- +6.5%
- Vol
- 1.0%
- Max DD
- -0.5%
- Sharpe
- 0.13
- 3Y win
- 0%
- Shallower drawdown
- Lower TER
Caveat: Higher volatility · Lower trailing returns