Should I invest in BIRLA SUN LIFE ENHANCED ARBITRAGE FUND?

We don't give personal investment advice. BIRLA SUN LIFE ENHANCED ARBITRAGE FUND - RETAIL PLAN - DIVIDEND 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: 2.4%. 5-year CAGR: 0.04%.

Birla Sun Life

BIRLA SUN LIFE ENHANCED ARBITRAGE FUND - RETAIL PLAN - DIVIDEND

Latest NAV

₹11.0233

As of

3 Jun 2026

4,148 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	-0.13%	-0.13%	0.00	4 / 4	Q4
1W	-0.05%	-0.06%	+0.00	2 / 4	Q2
2W	-0.71%	-0.28%	-0.43	4 / 4	Q4
1M	-0.43%	-0.07%	-0.36	4 / 4	Q4
3M	-0.75%	+0.34%	-1.09	4 / 4	Q4
6M	-0.94%	+1.34%	-2.28	4 / 4	Q4
YTD	-0.88%	+0.95%	-1.82	4 / 4	Q4
1Y	-1.60%	+2.75%	-4.36	4 / 4	Q4
2Y	-0.86%	+3.52%	-4.38	4 / 4	Q4
3Y	-0.50%	+3.91%	-4.41	4 / 4	Q4
4Y	-0.12%	+3.79%	-3.91	4 / 4	Q4
5Y	+0.04%	+3.40%	-3.36	4 / 4	Q4
7Y	+0.35%	+3.28%	-2.93	4 / 4	Q4
10Y	+0.20%	+3.18%	-2.98	4 / 4	Q4
Inception	+0.57%	+3.97%	-3.40	4 / 4	Q4

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	-0.88%	+0.95%	-1.82	4 / 4
2025	-0.78%	+3.56%	-4.35	4 / 4
2024	+0.01%	+4.53%	-4.52	4 / 4
2023	+0.33%	+4.35%	-4.02	4 / 4
2022	+0.58%	+2.17%	-1.59	3 / 4
2021	+1.94%	+2.95%	-1.01	4 / 4
2020	+0.85%	+2.66%	-1.81	4 / 4
2019	+0.31%	+3.10%	-2.79	3 / 4
2018	-0.96%	+2.49%	-3.45	3 / 4
2017	+0.42%	+2.87%	-2.46	3 / 4
2016	+0.29%	+3.51%	-3.23	4 / 4

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

+0.71%

194 windows

min -18.2% · max 9.4%

63% positive

3-Year rolling

+0.44%

169 windows

min -6.4% · max 8.4%

54% positive

5-Year rolling

+0.04%

145 windows

min -4.0% · max 1.7%

71% positive

7-Year rolling

+0.02%

121 windows

min -2.7% · max 1.2%

73% 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

0.45%

3-year · annualised

Sharpe ratio

—

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-2.43%

Aug 2024 → May 2026

% positive months

38.9%

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 Growth Option - Direct Plan	HDFC	₹21.3110	3 Jun 2026
Nippon India Arbitrage Fund - Direct Plan Growth Plan - Growth Option	Nippon India	₹30.3224	3 Jun 2026
SBI Arbitrage Opportunities Fund - Div	SBI	₹18.7011	3 Jun 2026
ICICI Prudential Equity & Derivatives Fund-Income Optimiser Plan-Retail Dividend Option	ICICI Prudential	₹15.3383	3 Jun 2026
Invesco India Arbitrage Fund - Direct Plan - Growth Option	Invesco	₹36.5313	3 Jun 2026
BANDHAN Arbitrage Fund-Direct Plan- Growth	Bandhan	₹37.0601	3 Jun 2026
quant Arbitrage Fund - Growth Option - Direct Plan	Quant	₹10.8385	3 Jun 2026
Aditya Birla Sun Life Arbitrage Fund - Growth - Direct Plan	Aditya Birla Sun Life	₹30.2752	3 Jun 2026
Motilal Oswal Arbitrage Fund-Direct Plan-Growth	Motilal Oswal	₹11.0471	3 Jun 2026
Franklin India Arbitrage Fund - Direct - Growth	Franklin India	₹11.0725	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹11.0233
2 Jun 2026	₹11.0172
1 Jun 2026	₹11.0316
29 May 2026	₹11.0001
27 May 2026	₹11.0182
26 May 2026	₹11.0230
25 May 2026	₹11.0216
22 May 2026	₹11.0794
21 May 2026	₹11.0882
20 May 2026	₹11.0868

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 BIRLA SUN LIFE ENHANCED ARBITRAGE FUND - RETAIL PLAN - DIVIDEND is ₹11.0233. It's a Arbitrage Fund from Birla Sun Life, run as a Retail plan Growth option. NAVs update once per business day from the AMFI feed.

BIRLA SUN LIFE ENHANCED ARBITRAGE FUND - RETAIL PLAN - DIVIDEND has NAV history starting from 27 Jul 2009, a track record of about 16 years 10 months. Long-tenured funds like this have weathered multiple market cycles — the 2008 crash, 2013 taper tantrum, 2020 COVID drawdown — which makes their returns more credible than a 3-year track record alone.

BIRLA SUN LIFE ENHANCED ARBITRAGE FUND - RETAIL PLAN - DIVIDEND is managed by Birla Sun Life. 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, BIRLA SUN LIFE ENHANCED ARBITRAGE FUND - RETAIL PLAN - DIVIDEND has delivered a absolute return of -1.60% — -4.36 pp behind the Arbitrage Fund category average of 2.75%. The fund ranks #4 of 4 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, BIRLA SUN LIFE ENHANCED ARBITRAGE FUND - RETAIL PLAN - DIVIDEND has delivered a CAGR of -0.50% — -4.41 pp behind the Arbitrage Fund category average of 3.91%. The fund ranks #4 of 4 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, BIRLA SUN LIFE ENHANCED ARBITRAGE FUND - RETAIL PLAN - DIVIDEND has delivered a CAGR of 0.04% — -3.36 pp behind the Arbitrage Fund category average of 3.40%. The fund ranks #4 of 4 in its category — the bottom (Q4) quartile.

₹1 lakh invested in BIRLA SUN LIFE ENHANCED ARBITRAGE FUND - RETAIL PLAN - DIVIDEND exactly 10 years ago would be worth approximately ₹102,025 today — a multiplier of 1.02×, based on the 10-year CAGR of 0.20%. The category average over the same window would have grown ₹1 lakh to ₹136,732.

A ₹10,000 monthly SIP in BIRLA SUN LIFE ENHANCED ARBITRAGE FUND - RETAIL PLAN - DIVIDEND over the last 5 years — total invested ₹600,000 — would be worth ₹593,133 today. That's an XIRR (money-weighted annualised return) of -0.45%.

A ₹10,000 monthly SIP for 10 years in BIRLA SUN LIFE ENHANCED ARBITRAGE FUND - RETAIL PLAN - DIVIDEND = ₹1,200,000 invested. It would currently be worth ₹1,204,532 (multiplier 1.00×). XIRR: 0.07%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, BIRLA SUN LIFE ENHANCED ARBITRAGE FUND - RETAIL PLAN - DIVIDEND ranks #4 out of 4 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 3.40%; this fund delivered 0.04%.

The worst peak-to-trough decline BIRLA SUN LIFE ENHANCED ARBITRAGE FUND - RETAIL PLAN - DIVIDEND has experienced over the last 5-year window is 2.43% — its NAV fell from a high on 23 Aug 2024 to a low on 29 May 2026. 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, BIRLA SUN LIFE ENHANCED ARBITRAGE FUND - RETAIL PLAN - DIVIDEND averaged 0.04% (best 1.74%, worst -4.03%). 71% of rolling windows ended positive. The 5-year Sharpe ratio is -10.11 — negative risk-adjusted performance.

In calendar year 2025, BIRLA SUN LIFE ENHANCED ARBITRAGE FUND - RETAIL PLAN - DIVIDEND returned -0.78% — lagging the Arbitrage Fund category average of 3.56% by 4.35 pp. It ranked #4 of 4 in its category that year.

BIRLA SUN LIFE ENHANCED ARBITRAGE FUND - RETAIL PLAN - DIVIDEND 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. BIRLA SUN LIFE ENHANCED ARBITRAGE FUND - RETAIL PLAN - DIVIDEND 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: 2.4%. 5-year CAGR: 0.04%.

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