Arbitrage FundAxis Asset Management Co. Ltd.

Axis Arbitrage Fund - Direct Plan - Growth

Benchmark: Nifty 50 Arbitrage · Riskometer: Low

₹21.8762

NAV (2026-08-31)

₹10,588.765 Cr

AUM (2026-08-31)

1.45%

EXPENSE RATIO (DIRECT)

2014-07-25

INCEPTION

BQuality · 72.9/100

?Safety · -/100

BCompound · 76.1/100

Punji Fund Health Score - percentile-within-category. See methodology.

CHART

Rolling CAGR by holding period - min, median, max

Each group is one holding-period length. Full range of outcomes across every overlapping window in the fund's history, not one trailing number.

Min rolling CAGRMedian rolling CAGRMax rolling CAGR

Category RankRisk MetricsHoldingsSimilar FundsPunji Analytics

Metric	Value	Percentile	Category median
3Y Rolling CAGR	6.7%	61.54^th	6.6%

Arbitrage funds target a small, steady spread rather than market returns, so beta and alpha against an equity index describe nothing useful.

CHART

Top sector holdings

Share of portfolio (% to NAV) in each of the top sectors.

Banks 9.4395%Finance 3.1579%Telecom - Services 2.4589%Power 2.1749%Pharmaceuticals & Biotechnology 2.1312%Electrical Equipment 2.129%Petroleum Products 2.0296%Ferrous Metals 1.8583%Cement & Cement Products 1.554%Diversified FMCG 1.4124%Automobiles 1.2392%Aerospace & Defense 1.221%Non - Ferrous Metals 0.8782%Metals & Minerals Trading 0.8627%Insurance 0.6415%Consumer Durables 0.548%Realty 0.5454%Capital Markets 0.5047%Retailing 0.4911%Financial Technology (Fintech) 0.4867%Healthcare Services 0.4772%Consumable Fuels 0.463%Industrial Products 0.4546%Transport Services 0.3978%Construction 0.3705%Auto Components 0.3377%Minerals & Mining 0.2962%Beverages 0.2844%Chemicals & Petrochemicals 0.2743%Agricultural Food & other Products 0.2586%Personal Products 0.2555%Transport Infrastructure 0.2543%Agricultural, Commercial & Construction Vehicles 0.2156%Fertilizers & Agrochemicals 0.1726%Leisure Services 0.1706%Gas 0.0753%IT - Software 0.0628%Diversified Metals 0.035%Food Products 0.0269%Textiles & Apparels 0.0014%Oil 0.0006%Other -9.4296%

TOP HOLDINGS

Net Receivables / (Payables) ()40.7213%

Axis Money Market Fund - Direct Plan - Growth Option ()7.5203%

HDFC Bank Limited (Banks)2.1293%

ICICI Bank Limited (Banks)1.763%

Reliance Industries Limited (Petroleum Products)1.6915%

National Bank For Agriculture and Rural Development (10/11/2026) ** ()1.6855%

Bharat Heavy Electricals Limited (Electrical Equipment)1.5852%

Union Bank of India (02/03/2027) ** ()1.3763%

Bharat Electronics Limited (Aerospace & Defense)1.1132%

State Bank of India (Banks)1.1098%

Arbitrage funds all target the same small, steady spread, so behaviour-based matching cannot separate them.