Should I invest in Axis Arbitrage Fund - Monthly IDCW?

We don't give personal investment advice. Axis Arbitrage Fund - Direct Plan - Monthly IDCW is suitable for an investor whose:horizon is 3-5 years — too short for pure equity, too long for pure debtwants a single fund that automatically rebalances between equity and debtis comfortable trading some upside for lower volatility vs a pure equity fundCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 1.5%. 5-year CAGR: 1.40%.

Axis

Axis Arbitrage Fund - Direct Plan - Monthly IDCW

Latest NAV

₹12.2964

As of

3 Jun 2026

2,904 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	-0.12%	-0.05%	-0.07	34 / 59	Q3
1W	-0.03%	0.00%	-0.03	38 / 59	Q3
2W	-0.50%	-0.09%	-0.42	55 / 58	Q4
1M	-0.20%	+0.22%	-0.42	54 / 58	Q4
3M	-0.02%	+0.55%	-0.58	44 / 55	Q4
6M	+0.51%	+1.82%	-1.31	43 / 55	Q4
YTD	+0.36%	+1.31%	-0.95	45 / 55	Q4
1Y	+1.19%	+4.16%	-2.97	40 / 53	Q4
2Y	+1.84%	+4.35%	-2.51	37 / 50	Q3
3Y	+2.18%	+4.81%	-2.63	36 / 49	Q3
4Y	+1.80%	+4.90%	-3.10	36 / 47	Q4
5Y	+1.40%	+4.68%	-3.27	35 / 43	Q4
7Y	+1.43%	+3.99%	-2.56	30 / 37	Q4
10Y	+1.41%	+3.30%	-1.89	19 / 26	Q3
Inception	+1.75%	+3.40%	-1.65	41 / 59	Q3

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+0.36%	+1.35%	-0.99	40 / 50
2025	+1.86%	+3.93%	-2.07	34 / 49
2024	+2.83%	+6.12%	-3.29	37 / 47
2023	+2.27%	+5.67%	-3.39	38 / 46
2022	-0.41%	+3.73%	-4.15	41 / 41
2021	+1.52%	+3.16%	-1.63	36 / 42
2020	+0.93%	+1.39%	-0.46	29 / 41
2019	+1.53%	+2.88%	-1.36	20 / 36
2018	+1.23%	+1.64%	-0.41	14 / 30
2017	+0.34%	+2.68%	-2.34	24 / 29
2016	+2.00%	+3.28%	-1.29	14 / 25

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+1.54%

132 windows

min -0.9% · max 5.7%

91% positive

3-Year rolling

+1.39%

108 windows

min 0.6% · max 2.8%

100% positive

5-Year rolling

+1.31%

83 windows

min 0.9% · max 2.0%

100% positive

7-Year rolling

+1.31%

59 windows

min 0.9% · max 1.9%

100% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

0.43%

3-year · annualised

Sharpe ratio

—

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.77%

Apr 2026 → May 2026

% positive months

88.9%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Arbitrage Fund

Scheme	Fund house	NAV	As of
HDFC ARBITRAGE FUND - Wholesale Monthly IDCW - Direct Plan	HDFC	₹11.2670	3 Jun 2026
NIPPON INDIA ARBITRAGE FUND - DIRECT Plan - IDCW Option	Nippon India	₹18.6701	3 Jun 2026
SBI Arbitrage Opportunities Fund - Direct Plan - Gr	SBI	₹37.9829	3 Jun 2026
ICICI Prudential Equity Arbitrage Fund - Direct Plan - IDCW	ICICI Prudential	₹17.7109	3 Jun 2026
Invesco India Arbitrage Fund - Direct Plan - Annual Bonus	Invesco	₹36.5173	3 Jun 2026
BANDHAN Arbitrage Fund-Direct Plan-Annual IDCW	Bandhan	₹12.4525	3 Jun 2026
quant Arbitrage Fund - IDCW Option - Direct Plan	Quant	₹10.8293	3 Jun 2026
Aditya Birla Sun Life Arbitrage Fund-DIRECT - IDCW	Aditya Birla Sun Life	₹11.4514	3 Jun 2026
Motilal Oswal Arbitrage Fund-Direct Plan-IDCW	Motilal Oswal	₹10.8856	3 Jun 2026
Franklin India Arbitrage Fund - Direct - IDCW	Franklin India	₹11.0725	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹12.2964
2 Jun 2026	₹12.2894
1 Jun 2026	₹12.3043
31 May 2026	₹12.2690
29 May 2026	₹12.2676
27 May 2026	₹12.2884
26 May 2026	₹12.2934
25 May 2026	₹12.3419
22 May 2026	₹12.3355
21 May 2026	₹12.3452

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of Axis Arbitrage Fund - Direct Plan - Monthly IDCW is ₹12.2964. It's a Arbitrage Fund from Axis, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Axis Arbitrage Fund - Direct Plan - Monthly IDCW has NAV history starting from 21 Aug 2014, a track record of about 11 years 9 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

Axis Arbitrage Fund - Direct Plan - Monthly IDCW is managed by Axis. It's classified by AMFI under the 'Arbitrage Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Axis Arbitrage Fund - Direct Plan - Monthly IDCW has delivered a absolute return of 1.19% — -2.97 pp behind the Arbitrage Fund category average of 4.16%. The fund ranks #40 of 53 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, Axis Arbitrage Fund - Direct Plan - Monthly IDCW has delivered a CAGR of 2.18% — -2.63 pp behind the Arbitrage Fund category average of 4.81%. The fund ranks #36 of 49 in its category — the third (Q3) quartile.

Over the trailing 5-year window, Axis Arbitrage Fund - Direct Plan - Monthly IDCW has delivered a CAGR of 1.40% — -3.27 pp behind the Arbitrage Fund category average of 4.68%. The fund ranks #35 of 43 in its category — the bottom (Q4) quartile.

₹1 lakh invested in Axis Arbitrage Fund - Direct Plan - Monthly IDCW exactly 10 years ago would be worth approximately ₹115,042 today — a multiplier of 1.15×, based on the 10-year CAGR of 1.41%. The category average over the same window would have grown ₹1 lakh to ₹138,405.

A ₹10,000 monthly SIP in Axis Arbitrage Fund - Direct Plan - Monthly IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹627,467 today. That's an XIRR (money-weighted annualised return) of 1.76%.

A ₹10,000 monthly SIP for 10 years in Axis Arbitrage Fund - Direct Plan - Monthly IDCW = ₹1,200,000 invested. It would currently be worth ₹1,296,717 (multiplier 1.08×). XIRR: 1.53%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, Axis Arbitrage Fund - Direct Plan - Monthly IDCW ranks #35 out of 43 funds in the Arbitrage Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 4.68%; this fund delivered 1.40%.

The worst peak-to-trough decline Axis Arbitrage Fund - Direct Plan - Monthly IDCW has experienced over the last 5-year window is 1.49% — its NAV fell from a high on 26 Jul 2021 to a low on 25 Nov 2022. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Axis Arbitrage Fund - Direct Plan - Monthly IDCW averaged 1.31% (best 2.05%, worst 0.89%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -9.04 — negative risk-adjusted performance.

In calendar year 2025, Axis Arbitrage Fund - Direct Plan - Monthly IDCW returned 1.86% — lagging the Arbitrage Fund category average of 3.93% by 2.07 pp. It ranked #34 of 49 in its category that year.

Axis Arbitrage Fund - Direct Plan - Monthly IDCW is a Hybrid scheme. Tax treatment follows its actual equity allocation as disclosed by the AMC: at least 65% equity behaves like an equity fund (12.5% LTCG over 12 months, 20% STCG); 35-65% equity often gets an equity-style treatment with a 24-month threshold; under 35% equity is taxed at slab rate like a debt fund. Check the AMC's latest factsheet for the current classification.

We don't give personal investment advice. Axis Arbitrage Fund - Direct Plan - Monthly IDCW is suitable for an investor whose:

horizon is 3-5 years — too short for pure equity, too long for pure debt
wants a single fund that automatically rebalances between equity and debt
is comfortable trading some upside for lower volatility vs a pure equity fund

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 1.5%. 5-year CAGR: 1.40%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

Axis Arbitrage Fund - Direct Plan - Monthly IDCW

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Arbitrage Fund

Recent NAVs

Frequently asked questions

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