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: 1.44%.

Axis

Axis Arbitrage Fund - Direct Plan - Monthly IDCW

Latest NAV

₹12.3881

As of

17 Jul 2026

2,935 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	+0.10%	+0.08%	+0.01	17 / 59	Q2
1W	+0.13%	+0.14%	-0.01	42 / 59	Q3
2W	+0.20%	+0.21%	-0.01	49 / 58	Q4
1M	+0.23%	+0.50%	-0.26	49 / 58	Q4
3M	+0.32%	+1.14%	-0.82	50 / 58	Q4
6M	+0.83%	+1.98%	-1.15	42 / 55	Q4
YTD	+1.16%	+2.11%	-0.95	39 / 55	Q3
1Y	+1.56%	+4.37%	-2.81	38 / 53	Q3
2Y	+1.92%	+4.35%	-2.43	37 / 50	Q3
3Y	+2.26%	+4.81%	-2.55	37 / 49	Q4
4Y	+2.02%	+5.04%	-3.02	36 / 47	Q4
5Y	+1.44%	+4.76%	-3.32	35 / 43	Q4
7Y	+1.53%	+4.10%	-2.58	31 / 38	Q4
10Y	+1.44%	+3.35%	-1.91	19 / 26	Q3
Inception	+1.80%	+3.53%	-1.74	43 / 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	+1.16%	+2.23%	-1.07	38 / 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

+1.56%

133 windows

min -0.9% · max 5.8%

92% positive

3-Year rolling

+1.38%

109 windows

min 0.5% · max 2.6%

100% positive

5-Year rolling

+1.34%

85 windows

min 0.9% · max 2.1%

100% positive

7-Year rolling

+1.33%

60 windows

min 1.0% · max 1.9%

100% positive

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

0.44%

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

94.4%

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	₹11.3460	17 Jul 2026
NIPPON INDIA ARBITRAGE FUND - DIRECT Plan - IDCW Option	Nippon India	₹18.8887	17 Jul 2026
SBI Arbitrage Opportunities Fund - Direct Plan - Gr	SBI	₹38.4109	17 Jul 2026
ICICI Prudential Equity Arbitrage Fund - Direct Plan - IDCW	ICICI Prudential	₹17.8186	17 Jul 2026
Invesco India Arbitrage Fund - Direct Plan - Annual Bonus	Invesco	₹36.9323	17 Jul 2026
BANDHAN Arbitrage Fund-Direct Plan-Annual IDCW	Bandhan	₹12.5932	17 Jul 2026
quant Arbitrage Fund - IDCW Option - Direct Plan	Quant	₹10.9654	17 Jul 2026
Aditya Birla Sun Life Arbitrage Fund-DIRECT - IDCW	Aditya Birla Sun Life	₹11.5230	17 Jul 2026
Motilal Oswal Arbitrage Fund-Direct Plan-IDCW	Motilal Oswal	₹11.0046	17 Jul 2026
Franklin India Arbitrage Fund - Direct - IDCW	Franklin India	₹11.2041	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹12.3881
16 Jul 2026	₹12.3762
15 Jul 2026	₹12.3765
14 Jul 2026	₹12.3808
13 Jul 2026	₹12.3716
10 Jul 2026	₹12.3721
9 Jul 2026	₹12.3698
8 Jul 2026	₹12.3721
7 Jul 2026	₹12.3731
6 Jul 2026	₹12.3677

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 17 Jul 2026, the NAV of Axis Arbitrage Fund - Direct Plan - Monthly IDCW is ₹12.3881. 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 10 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 1.56% — -2.81 pp behind the Arbitrage Fund category average of 4.37%. The fund ranks #38 of 53 in its category — the third (Q3) quartile.

Over the trailing 3-year window, Axis Arbitrage Fund - Direct Plan - Monthly IDCW has delivered a CAGR of 2.26% — -2.55 pp behind the Arbitrage Fund category average of 4.81%. The fund ranks #37 of 49 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, Axis Arbitrage Fund - Direct Plan - Monthly IDCW has delivered a CAGR of 1.44% — -3.32 pp behind the Arbitrage Fund category average of 4.76%. 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 ₹115,378 today — a multiplier of 1.15×, based on the 10-year CAGR of 1.44%. The category average over the same window would have grown ₹1 lakh to ₹138,987.

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 ₹630,099 today. That's an XIRR (money-weighted annualised return) of 1.93%.

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 ₹1,302,496 (multiplier 1.09×). XIRR: 1.62%. 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 4.76%; this fund delivered 1.44%.

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 1.34% (best 2.07%, worst 0.91%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -8.72 — 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: 1.44%.

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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