Over a year annualised (CAGR), under a year absolute. Computed from AMFI's published
NAV history for this scheme.
Risk
Volatility
Sharpe
Sortino
Beta
Alpha
Max fall
R²
This scheme
0.5%
0.26
0.36
—
—
-0.7%
—
Risk-free rate 6.5%. Beta, alpha and R² are regressed on the
— months this scheme and its benchmark share.
Growth of ₹100 since launch
Every one-year period it has lived through
Windows
Worst
Median
Best
Periods that lost money
2,770
2.7%
6.0%
8.1%
0%
Every one-year holding period in this scheme's history, not just the last one — the
spread a real investor would have met depending only on when they started.
Axis Arbitrage Fund
Regular Plan · Growth Option
Allocation
By asset
Equity
69.68%
Debt
17.22%
Mutual Fund Units
13.06%
Cash & Equivalents
0.07%
By market cap
Large Cap
54.44%
Mid Cap
12.05%
Small Cap
3.19%
Unclassified
30.28%
Concentration
Number of stocks
170
Top 5 stocks
27.36%
Top 10 stocks
37.91%
Top 20 stocks
52.78%
Lines in the filing
367
Largest holding
13.06%
Largest sector
Transport Infrastructure —
Effective stocks
33.1
Sectors held
46
Cash
0.07%
Effective stocks is what the concentration works out to: a fund holding
170 names but most of its money in a few
behaves like a fund of 33. Cash includes repo and TREPS, which
every fund parks money in overnight.
Sector split
Banks
18.61%
Unclassified
13.06%
CRISIL A1+
9.97%
CARE A1+
6.29%
Finance
6.25%
Telecom - Services
4.48%
Petroleum Products
4.27%
Ferrous Metals
3.83%
Pharmaceuticals & Biotechnology
3.64%
Electrical Equipment
3.41%
Industrial Products
2.58%
Power
2.49%
Diversified FMCG
1.94%
Aerospace & Defense
1.77%
IT - Software
1.48%
Insurance
1.45%
Metals & Minerals Trading
1.31%
Non - Ferrous Metals
1.25%
Cement & Cement Products
1.22%
Consumable Fuels
1.19%
Axis Arbitrage Fund
Regular Plan · Growth Option · holdings as on 30 Sep 2026
Top 30 holdings
#
Company
Sector
Shares held
Value ₹ cr
% of fund
1
Net Receivables / (Payables)
Unclassified
—
6,965
68.51%
2
Axis Money Market Fund - Direct Plan - Growth Option
Unclassified
8,475,144
1,328
13.06%
3
HDFC Bank Limited
Banks
5,830,500
413
4.06%
4
ICICI Bank Limited
Banks
2,948,400
390
3.83%
5
Reliance Industries Limited
Petroleum Products
3,228,000
383
3.77%
6
Bharat Heavy Electricals Limited
Electrical Equipment
6,452,250
268
2.64%
7
State Bank of India
Banks
2,787,750
267
2.63%
8
Bharti Airtel Limited
Telecom - Services
1,287,250
226
2.22%
9
Canara Bank (10/02/2027)
CRISIL A1+
4,000
195
1.92%
10
National Bank For Agriculture and Rural Development (10/03/2027)
CRISIL A1+
4,000
194
1.91%
11
Small Industries Dev Bank of India (04/02/2027)
CARE A1+
3,900
190
1.87%
12
Tata Steel Limited
Ferrous Metals
10,114,500
186
1.83%
13
Canara Bank (02/02/2027)
CRISIL A1+
3,500
171
1.68%
14
National Bank For Agriculture and Rural Development (02/03/2027)
CRISIL A1+
3,500
170
1.67%
15
Kotak Mahindra Bank Limited
Banks
3,862,000
161
1.58%
16
Clearing Corporation of India Ltd
Unclassified
—
157
1.54%
17
Bajaj Finance Limited
Finance
1,512,000
145
1.43%
18
Cummins India Limited
Industrial Products
299,400
143
1.40%
19
Axis Bank Limited
Banks
1,148,125
141
1.38%
20
Adani Enterprises Limited
Metals & Minerals Trading
459,174
133
1.31%
21
Bharat Electronics Limited
Aerospace & Defense
3,391,500
132
1.30%
22
Small Industries Dev Bank of India (18/02/2027)
CARE A1+
2,700
132
1.29%
23
Divi's Laboratories Limited
Pharmaceuticals & Biotechnology
137,000
127
1.25%
24
Bank of Baroda (25/01/2027)
CARE A1+
2,500
122
1.20%
25
Canara Bank
Banks
10,104,750
121
1.19%
26
Coal India Limited
Consumable Fuels
2,847,150
121
1.19%
27
Hindustan Unilever Limited
Diversified FMCG
637,200
120
1.18%
28
Hindalco Industries Limited
Non - Ferrous Metals
1,250,900
118
1.16%
29
Infosys Limited
IT - Software
1,173,200
117
1.15%
30
Vodafone Idea Limited
Telecom - Services
89,272,275
116
1.14%
Axis Arbitrage Fund
Regular Plan · Growth Option · where the money sits
What the manager did last month
Between the filings of 31 Aug 2026 and 30 Sep 2026.
A position grows because the manager bought or because the price rose; only the share count separates them.
Bought
Sold
New positions
Sold out of
Price move of holdings
₹919 cr
₹691 cr
12
25
-4.48%
Stock
Shares traded
Shares
Price
Value ₹ cr
New position
Astral Limited
262,225
entered
—
35.9
SBI Cards and Payment Services Limited
447,200
entered
—
25.9
Swiggy Limited
742,775
entered
—
18.6
Laurus Labs Limited
51,000
entered
—
10.1
Mphasis Limited
40,150
entered
—
8.7
KEI Industries Limited
18,725
entered
—
8.3
Eternal Limited
77,600
entered
—
2.5
Titan Company Limited
4,025
entered
—
1.9
Added to
Infosys Limited
954,000
+435.2%
-12.3%
94.8
Reliance Industries Limited
535,500
+19.9%
-7.1%
63.6
Cummins India Limited
121,200
+68.0%
-6.8%
57.7
State Bank of India
591,750
+27.0%
-9.5%
56.8
ICICI Bank Limited
428,400
+17.0%
-9.1%
56.6
HDFC Bank Limited
663,000
+12.8%
0.0%
47.0
APL Apollo Tubes Limited
199,850
+159.5%
-1.5%
43.8
LIC Housing Finance Limited
790,000
+143.4%
-1.5%
41.9
Trimmed
DLF Limited
1,176,100
-99.9%
-2.5%
79.3
Bharat Electronics Limited
1,681,500
-33.2%
-6.3%
65.3
Hitachi Energy India Limited
15,575
-74.4%
-9.3%
47.7
Eicher Motors Limited
47,700
-97.4%
-10.1%
34.1
Tata Power Company Limited
906,250
-77.6%
+3.5%
32.5
NBCC (India) Limited
4,121,000
-88.9%
-8.9%
32.4
One 97 Communications Limited
174,000
-88.6%
-2.3%
29.2
Solar Industries India Limited
13,600
-98.9%
-2.0%
26.8
Sold out of
UNO Minda Limited
225,500
exited
—
28.8
Tech Mahindra Limited
114,000
exited
—
18.6
Bosch Limited
2,825
exited
—
14.1
ICICI Lombard General Insurance Company Limited
78,650
exited
—
12.3
Central Depository Services (India) Limited
74,100
exited
—
10.4
Hero MotoCorp Limited
18,300
exited
—
10.0
Grasim Industries Limited
11,250
exited
—
3.8
Cochin Shipyard Limited
24,400
exited
—
3.7
Not equity
Previous filing
This filing
Change
Cash, repo and TREPS
₹0 cr
₹0 cr
+₹0 cr
Debt: bills, CDs and commercial paper
₹1,842 cr
₹1,751 cr
−₹90 cr
The list above is stocks and fund units. Treasury bills, repo and money-market
lines roll over every month by design — they are not decisions, so they are totalled here rather
than listed as activity.
A ₹10,000 monthly SIP over five years
Invested
Value
Gain
XIRR
₹600,000
₹706,038
₹106,038
6.45%
XIRR, not CAGR — a SIP's money arrives over sixty months, so each instalment has
been invested for a different length of time.
Not investment advice. MF Analyser is not a SEBI-registered Investment Adviser or Research Analyst. Every figure is computed from AMFI's published NAV history and the
portfolio the AMC filed with AMFI; none of it is a recommendation to buy, hold or sell. Past
returns do not predict future ones. Generated 12 Nov 2026.
