Sharpe ratio
0.13Return earned for the risk taken.
Moderate
Moderate risk-adjusted returns. The reward for risk has been average.
+6.64%1Y Absolute Return
-0.05%1D
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Past performance is not an indicator of future returns.
Returns calculator comparison
Compare an illustrative investment outcome across return assumptions.
| Asset | Projected corpus | Total invested | Gain | Annual return |
|---|---|---|---|---|
| Axis Arbitrage Fund - Direct Plan - GrowthFund 5Y annualised return | ₹8,65,083 | ₹7,32,612 | ₹1,32,471 | +6.88% |
| EPFIllustrative annual assumption | ₹8,95,132 | ₹7,32,612 | ₹1,62,520 | +8.25% |
| Residential propertyIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| PPFIllustrative annual assumption | ₹8,69,819 | ₹7,32,612 | ₹1,37,207 | +7.10% |
| Bank fixed depositIllustrative annual assumption | ₹8,56,981 | ₹7,32,612 | ₹1,24,369 | +6.50% |
| GoldIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| Savings accountIllustrative annual assumption | ₹7,86,827 | ₹7,32,612 | ₹54,215 | +3.00% |
Illustration only. Fund results use the available NAV-derived annualised return and can be negative. Reference rows are assumptions, not current quoted rates or guaranteed returns; property excludes transaction costs, taxes, and liquidity constraints. Mutual fund investments are subject to market risk.
Wealth multiple
₹1 became₹1.07
₹1 Lakh since launch₹1.07 Lakh
Fund age12.2 yrs
Fund information
Scheme code130773
ISININF846K01PZ1
BenchmarkNIFTY 50 Arbitrage TRI
CategoryHybrid Scheme - Arbitrage Fund
Expense ratio1.43%
Exit loadExit load of 0.25% if redeemed within 15 days.
Minimum SIP₹100 SIP
Return comparison
26th / 163 in category| Period | Fund | Benchmark | Category avg |
|---|---|---|---|
| 1M | +6.84% | — | — |
| 3M | +6.29% | — | — |
| 6M | +6.44% | — | — |
| 1Y | +6.64% | — | +4.86% |
| 3Y | +7.30% | — | +5.29% |
| 5Y | +6.88% | — | +5.25% |
| 10Y | +6.44% | — | — |
| Since Launch | +6.70% | — | — |
Risk-adjusted performance
Every measure is expanded with a plain-language reading of the latest calculated value.
Sortino ratio
0.26Return earned while limiting downside risk.
Moderate
Moderate downside risk-adjusted performance.
Standard deviation
1.37%How much the fund’s returns fluctuate over time.
Low volatility
Returns have been relatively stable.
Beta
—How closely the fund moves with the market.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Alpha
—Extra return generated above the benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Treynor ratio
—Return earned for each unit of market risk taken.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Calmar ratio
10.40How well the fund rewarded investors relative to its biggest decline.
Excellent
Excellent balance between returns and drawdowns.
Information ratio
—How consistently the fund outperformed its benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Portfolio allocation
Latest disclosed portfolio mix
Asset allocation
Portfolio102%
Hedged Equity69.91%
Debt32.53%
Market cap allocation
Sector allocation
Equity exposure by sector
Top holdings
10 of 334 disclosed positions
| Holding | Sector | Instrument type | Weight |
|---|---|---|---|
| Net Receivables | Unspecified | Net Receivables | 68.1234% |
| Axis Money Market Fund Direct-Growth | Unspecified | Mutual Fund | 15.5961% |
| HDFC Bank Ltd | Financial | Equity | 3.8701% |
| Reliance Industries Ltd | Energy & Utilities | Equity | 3.131% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT CD 10NOV26 | Financial | Certificate of Deposit | 2.8255% |
| ICICI Bank Ltd | Financial | Equity | 2.6569% |
| Bharat Electronics Ltd | Industrials | Equity | 2.4707% |
| Bharat Heavy Electricals Ltd | Industrials | Equity | 2.3718% |
| UNION BANK OF INDIA CD 02MAR27 | Financial | Certificate of Deposit | 2.308% |
| Zomato Ltd | Technology | Equity | 2.0577% |
Fund management
SA
Sachin Jain
Since 2021 · Prior to joining Axis Asset Management Company Ltd., he has worked with Sundaram Mutual Fund, I- Cap, Sunidhi securities and Finance Ltd.
Mr. Jain is a B.Tech, AGMP (Management)
DE
Devang Shah
Since 2014 · Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers.
Mr. Shah is B.Com and ACA.
Compare similar funds
No comparable category funds are available yet.
Summary
A low-risk hybrid scheme - arbitrage fund. Same fund manager for 12+ years — the strategy has not chopped and changed. Returns depend on cash-futures spreads and can temporarily fall below liquid-fund levels.
Strengths
- Same fund manager for 12+ years — the strategy has not chopped and changed.
- Ranks 26 of 163 in its category over 1 year.
Weaknesses
- None
Ideal investor
- Suited for parking money for 3–12 months or longer — an alternative to liquid funds and short-term FDs.
- Taxed as an equity fund, which may be more efficient than an FD for some tax brackets.
Risk drivers
- Cash-futures spread compression can reduce arbitrage returns.