Axis Arbitrage Fund Direct-Growth
Hybrid: Arbitrage - Growth (Open ended) Factsheet
SEBI Riskometer -LowCategory -Hybrid: ArbitrageBenchmark -NIFTY 50 Arbitrage Total Return Index
NAV: ₹21.66+0.04%
02 Jul 2026
Holdings Analysis
Equity, debt and cash allocation snapshot with market cap distribution for Axis Arbitrage Fund Direct-Growth.
Market Cap Distribution
Large Cap (69.9%)
Mid Cap (23.5%)
Small Cap (6.6%)
Historical Asset Allocation
| Asset | 31 May 2026 | 30 Apr 2026 | 31 Mar 2026 | 28 Feb 2026 | 31 Jan 2026 | 31 Dec 2025 |
|---|---|---|---|---|---|---|
| Equity | -0.63% | -0.33% | -0.25% | -0.37% | -0.28% | -0.47% |
| Debt | 32.54% | 34.51% | 38.56% | 29.94% | 25.82% | 24.37% |
| Others (incl. cash) | 68.09% | 65.82% | 61.69% | 70.43% | 74.46% | 76.11% |
| Commodities | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Real Estate | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Portfolio Snapshot
No. of Securities
21
P/E Ratio
25.28
P/B Ratio
2.96
Top Holding %
68.12%
Top 5 Holdings %
90.38%
Top 10 Holdings %
95.97%
Modified Duration
0.64 yrs
Avg. Maturity
0.66 yrs
Yield to Maturity
7.02%
AUM
₹9,781 Cr
Expense Ratio
1.43%
Since Inception
6.72%
Max Drawdown
-0.01%
Sharpe Ratio
2.74
Top Portfolio Holdings by Weight
Latest portfolio holdings sorted by allocation weight. Includes instrument name, sector, number of shares, market value (₹ Cr) and percentage of net assets. Switch dates or categories using the controls below.
| Instrument | Sector | No. of Shares | Value (Rs. Cr) | Weight | Change |
|---|---|---|---|---|---|
| Union Bank of India | Financial | 5,000 | 236.18 | 2.41% | - |
| Others | Others | 0 | 202.37 | 2.07% | -1.47%↓ |
| Bank Of Baroda | Financial | 4,000 | 189.93 | 1.94% | 0.97%↑ |
| Small Industries Devp. Bank of India Ltd. | Financial | 3,000 | 142.31 | 1.45% | 0.24%↑ |
| Mahindra & Mahindra Financial Services Ltd. | Financial | 3,000 | 141.67 | 1.45% | -0.01%↓ |
| Small Industries Devp. Bank of India Ltd. | Financial | 2,000 | 96.9 | 0.99% | - |
| Small Industries Devp. Bank of India Ltd. | Financial | 2,000 | 94.6 | 0.97% | -0.00%↓ |
| Kotak Mahindra Prime Ltd. | Financial | 1,500 | 71.97 | 0.74% | -0.00%↓ |
| Canara Bank | Financial | 1,000 | 48.94 | 0.50% | - |
| HDFC Bank Ltd. | Financial | 1,000 | 47.98 | 0.49% | - |
| HDFC Bank Ltd. | Financial | 1,000 | 47.59 | 0.49% | -0.00%↓ |
| Kotak Mahindra Bank Ltd. | Financial | 1,000 | 47.55 | 0.49% | -0.00%↓ |
| Small Industries Devp. Bank of India Ltd. | Financial | 1,000 | 47.51 | 0.49% | -0.00%↓ |
| ICICI Securities Ltd. | Financial | 1,000 | 47.25 | 0.48% | -0.00%↓ |
| Kotak Mahindra Securities Ltd. | Financial | 1,000 | 47.23 | 0.48% | -0.00%↓ |
| Canara Bank | Financial | 1,000 | 47.02 | 0.48% | -0.00%↓ |
| Karnataka State | Others | 25,00,000 | 25.12 | 0.26% | -0.26%↓ |
| Punjab National Bank | Financial | 500 | 24.47 | 0.25% | - |
| Small Industries Devp. Bank of India Ltd. | Financial | 500 | 24.3 | 0.25% | - |
| Indian Railway Finance Corporation Ltd. | Financial | 30 | 0.3 | 0.00% | -0.00%↓ |
Sector-wise Portfolio Allocation
Equity exposure by sector as a percentage of total net assets, tracked across recent portfolio dates. Identifies concentration risk and sector rotation trends in the fund's holdings.
| Sector | 30 Apr 2026 | 31 Mar 2026 | 31 Jul 2025 | 30 Jun 2025 | 31 May 2025 | 31 Jan 2025 |
|---|---|---|---|---|---|---|
| Technology | 0.00% | - | - | - | - | - |
| Textiles | - | 0.00% | - | - | - | - |
| Consumer Staples | - | - | 0.00% | - | - | 0.08% |
| Insurance | - | - | - | 0.00% | - | - |
| Automobile | - | - | - | - | 0.00% | - |
| Healthcare | - | - | - | - | - | 0.52% |
| Services | - | - | - | - | - | 0.23% |
Debt Holdings — Credit Quality Profile
Allocation of debt instruments by credit rating (AAA, AA, A, and below investment grade) as a percentage of net assets, compared against the category average. Higher AAA allocation indicates lower credit risk.
| Rating | Fund | Category |
|---|---|---|
| Cash & Call Money | 70.59% | 27.44% |
| A1+ | 28.25% | 16.12% |
| SOV | 1.73% | 4.54% |
| Others | 0.05% | 0.07% |
| AAA | 0.00% | 1.42% |
| AA | - | 0.18% |
| AA+ | - | 0.29% |
| AA- | - | 0.01% |
| Cash | - | 50.45% |
| Term Deposits | - | 0.07% |
Debt Insights
A detailed look at the debt holdings of this scheme — Is the scheme yielding enough? Includes credit quality, instrument breakdown and SEBI risk classification.
SEBI PRC matrix
Credit risk
| Interest risk | |||
|---|---|---|---|
| Low | Moderate | High | |
| Low | |||
| Moderate | |||
| High | |||
Instruments
| Full name | Description | Coupon rate | Maturity | Rating raw | Weight |
|---|---|---|---|---|---|
| Union Bank of India | Certificate of Deposit | 0.00% | 02/03/2027 | ICRA A1+ | 2.41% |
| Others | CBLO | 0.00% | 0 | - | 2.07% |
| Bank Of Baroda | Certificate of Deposit | 0.00% | 05/02/2027 | CARE A1+ | 1.94% |
| Mahindra & Mahindra Financial Services Ltd. | Commercial Paper | 0.00% | 365-D 18/02/2027 | CRISIL A1+ | 1.45% |
| Small Industries Devp. Bank of India Ltd. | Certificate of Deposit | 0.00% | 04/02/2027 | CARE A1+ | 1.45% |
| Small Industries Devp. Bank of India Ltd. | Certificate of Deposit | 0.00% | 27/10/2026 | CARE A1+ | 0.99% |
| Small Industries Devp. Bank of India Ltd. | Certificate of Deposit | 0.00% | 18/02/2027 | CARE A1+ | 0.97% |
| Kotak Mahindra Prime Ltd. | Commercial Paper | 0.00% | 364-D 09/12/2026 | CRISIL A1+ | 0.74% |
| Canara Bank | Certificate of Deposit | 0.00% | 15/09/2026 | ICRA A1+ | 0.50% |
| HDFC Bank Ltd. | Certificate of Deposit | 0.00% | 22/01/2027 | CRISIL A1+ | 0.49% |
| Kotak Mahindra Bank Ltd. | Certificate of Deposit | 0.00% | 29/01/2027 | CRISIL A1+ | 0.49% |
| HDFC Bank Ltd. | Certificate of Deposit | 0.00% | 14/12/2026 | CARE A1+ | 0.49% |
| Small Industries Devp. Bank of India Ltd. | Certificate of Deposit | 0.00% | 28/01/2027 | CARE A1+ | 0.49% |
| Canara Bank | Certificate of Deposit | 0.00% | 25/03/2027 | CRISIL A1+ | 0.48% |
| Kotak Mahindra Securities Ltd. | Commercial Paper | 0.00% | 365-D 12/02/2027 | ICRA A1+ | 0.48% |
| ICICI Securities Ltd. | Commercial Paper | 0.00% | 365-D 12/02/2027 | CRISIL A1+ | 0.48% |
| Karnataka State | State Development Loan | 7.22% | 26/10/2026 | SOV | 0.26% |
| Punjab National Bank | Certificate of Deposit | 0.00% | 15/09/2026 | CARE A1+ | 0.25% |
| Small Industries Devp. Bank of India Ltd. | Certificate of Deposit | 0.00% | 13/10/2026 | CARE A1+ | 0.25% |
| Indian Railway Finance Corporation Ltd. | Debenture | 7.68% | 24/11/2026 | CRISIL AAA | 0.00% |
Frequently Asked Questions
What are the top holdings of Axis Arbitrage Fund Direct-Growth?
The top holdings of Axis Arbitrage Fund Direct-Growth sorted by portfolio weight are listed in the Top Portfolio Holdings section of the Holdings tab.
How many stocks does Axis Arbitrage Fund Direct-Growth hold in its portfolio?
Axis Arbitrage Fund Direct-Growth holds 21 securities in its portfolio. The top 5 holdings account for 90.38% of the portfolio and the top 10 for 95.97% — a concentrated portfolio that amplifies stock-specific outcomes.
What is the sector allocation of Axis Arbitrage Fund Direct-Growth?
The sector allocation of Axis Arbitrage Fund Direct-Growth is in the Sector Allocation section, showing each industry's weight in the portfolio.
What is the equity and debt allocation of Axis Arbitrage Fund Direct-Growth?
As of 31 May 2026, Axis Arbitrage Fund Direct-Growth has -0.63% in equity, 32.54% in debt and 68.09% in cash/others. This asset mix determines the fund's overall risk-return profile. The debt portfolio has a yield to maturity (YTM) of 7.02%.
What is the market cap allocation of Axis Arbitrage Fund Direct-Growth?
Axis Arbitrage Fund Direct-Growth's equity portfolio — Large Cap: 69.90%, Mid Cap: 23.51%, Small Cap: 6.59%. Market cap allocation determines the fund's risk profile — large cap offers stability while mid and small cap offer higher growth potential with higher volatility.
Is Axis Arbitrage Fund Direct-Growth a concentrated or diversified fund?
Axis Arbitrage Fund Direct-Growth holds 21 securities, with the top 10 accounting for 95.97% of the portfolio and the top 5 for 90.38%. With fewer than 30 holdings, this is a concentrated fund — each stock has a meaningful impact on performance.
What is the credit quality of Axis Arbitrage Fund Direct-Growth?
The debt holdings of Axis Arbitrage Fund Direct-Growth are rated as follows — Cash & Call Money: 70.59%, A1+: 28.25%, SOV: 1.73%, Others: 0.05%, and others. Higher allocation to AAA and sovereign instruments means lower credit risk. The full rating profile compared to the category average is in the Credit Rating section.
How often does Axis Arbitrage Fund Direct-Growth change its portfolio?
The portfolio currently holds 21 securities with the top 10 accounting for 95.97% as of 31 May 2026. Portfolio turnover reflects how actively the fund manager trades. A high turnover increases transaction costs while a low turnover reflects a buy-and-hold approach. Historical asset allocation snapshots across multiple dates are in the Holdings Analysis section.
What is the PE ratio of Axis Arbitrage Fund Direct-Growth's portfolio?
The weighted average PE ratio of Axis Arbitrage Fund Direct-Growth's portfolio is 25.28 and the PB ratio is 2.96. The debt portfolio has a modified duration of 0.64 years and an average maturity of 0.66 years. These metrics reflect the overall valuation and interest rate sensitivity of the portfolio.
When is the latest portfolio disclosure for Axis Arbitrage Fund Direct-Growth?
The latest portfolio disclosure for Axis Arbitrage Fund Direct-Growth is as of 31 May 2026. Mutual funds and ETFs in India are required to disclose their full portfolio monthly, within 10 business days of month-end. You can switch between historical disclosure dates using the date selector in the Top Portfolio Holdings section.