A managed mix of asset classes or strategies
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.
Investors who understand that the risk depends on the scheme's actual equity, debt and derivative mix.
Market, credit, interest-rate and allocation risk can operate together.
How the money may be invested
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%), Debt and Money market instruments (including investments in securitized debt) - (10%-35%)
- SEBI category
- Arbitrage Fund
- Fund type
- Open Ended
- Primary benchmark
- Nifty 50 Arbitrage Index
Use the latest monthly portfolio
Top holdings are the largest securities currently owned by the scheme. Names and weights can change every month, so a copied list can become misleading. Open the AMC's current official portfolio or factsheet below and look for this exact fund name.
Manager and scheme tenure
- Fund manager(s)
- Mr. Devang Shah, Mr. Sachin Jain
- Manager tenure on this scheme
- Since Mr. Devang Shah - 14th August 2014, Mr. Sachin Jain - 9th November 2021
- Role / co-management
- Mr. Devang Shah - Comanage/Fixed Income, Mr. Sachin Jain - Comanage/Fixed Income
The tenure above is experience managing this scheme, not the manager's total career experience. For education, qualifications and prior roles, open the latest official AMC factsheet or manager profile below.
Latest NAV records
NAV is a per-unit accounting value. Compare returns, portfolio, risk and cost — never choose a fund only because its NAV looks low.
| Plan / option reported by AMFI | NAV | Date |
|---|---|---|
| Axis Arbitrage Fund - Direct Plan - Growth Option | ₹21.8550 | 04 Sep 2026 |
| Axis Arbitrage Fund - Direct Plan - Monthly IDCW | ₹12.3683 | 04 Sep 2026 |
| Axis Arbitrage Fund - Regular Plan - Growth Option | ₹19.9581 | 04 Sep 2026 |
| Axis Arbitrage Fund - Regular Plan - Monthly IDCW | ₹11.1560 | 04 Sep 2026 |
What you pay and how money moves
- Stated expense ratio
- Regular 2.10%, Direct 1.41%
- Exit load
- If redeemed/switched out within 15 days from the date of investment/allotment: 0.25%. If redeemed/switched out after 15 days from the date of investment/allotment: Nil w.e.f. July 17, 2023
- Minimum application
- 500 · multiples of 1
- SIP frequency
- SIP - Daily / Weekly / Monthly / Yearly, Choti SIP - Monthly ; SWP - Weekly / Monthly / Quarterly / Halfyearly / Yearly STP - Daily / Weekly / Fortnightly / Monthly / Quarterly.
- Minimum SIP amount
- SIP Daily, Weekly - 100, Monthly 100.00, SIP Yearly - 12000.00 SWP - 1000 STP - Daily, Weekly, Fortnightly, Monthly - 1000 and Quarterly 3000.00 . Choti SIP - Maximum one SIP under the facility of exactly equal to Rs. 250/- is allowed. The facility is restricted to three SIP’s across all Mutual Funds (one each in upto three Asset Management Companies).
- Minimum instalments
- SIP Daily -6, Weekly - 6 Monthly - 6 SIP - Yearly - 3 , Choti SIP - 60 installments at the time of registration ( If the tenure is below or above 5 years then SIP will be considered as Normal SIP. However, if investor desires to stop or withdraw the SIP investment prematurely, there is no restriction); SWP - Weekly - 5, Monthly - 6, Quarterly - 4, Halfyearly - 4, Yearly - 2 STP - Daily -6, Weekly - 6, Fortnightly -6, Monthly - 6, Quarterly -2.
How a mutual-fund investment is paid
- Complete KYCIdentity, PAN, bank and contact verification are required.
- Choose route and optionUnderstand direct vs regular and growth vs IDCW before selecting.
- Choose SIP or lump sumSIP uses an automated mandate; lump sum is a one-time payment.
- Receive units at applicable NAVCut-off time, cleared funds and scheme rules determine the applicable NAV.
- Review, do not chaseTrack goal fit, risk, manager/mandate changes, costs and portfolio — not daily noise.
Download and verify at source
The packaged Scheme Summary PDF is the official AMFI file, unchanged. Live AMC links are included for time-sensitive factsheets, top holdings and portfolios.
Source verification date: 06 September 2026. If a live document differs from this page, rely on the newer official document.