Aditya Birla SL Arbitrage Fund
The Scheme seeks to generate income by investing predominantly in equity and equity related instruments. It intends to take advantage from the price differentials / mis-pricing prevailing for stock / index in various market segments (Cash & Future).
Growthvine rating: 3/5 — ranked #18 of 38 in category.
Fund basics
| Category | Hybrid: Arbitrage |
|---|---|
| NAV | ₹28.51 (as of 2026-10-01) |
| AUM | ₹27,237 Cr |
| Expense ratio | 0.88% |
| Riskometer | Low |
| Fund manager | Krina Mehta |
| Exit load | 0 |
Performance & risk
| 5-year annualised return | 6.06% |
|---|---|
| Sharpe ratio | 1.62 |
| Standard deviation | 0.52% |
| Max drawdown | −0.91% |
| Alpha | 0 |
| Beta | 0 |
Over 5 years, captured 28.5% of NIFTY Multi Asset - Equity : Arbitrage : REITs/InvITs (50:40:10) Index's upside and −24.3% of its downside.
Market cap allocation
Concentration
| Top 5 holdings | 0.0% |
|---|---|
| Top 10 holdings | 0.0% |
| Total holdings | 180 |
Top holdings
- Net Receivables/Payables (FnO) — 70.9%
- Aditya Birla Sun Life Money Market Fund - Growth - Direct Plan — 10.0%
- ICICI Bank Ltd. — 3.6%
- Aditya Birla Sun Life Floating Interest Rates Fund - Direct Plan - Growth — 3.5%
- HDFC Bank Ltd. — 3.4%
- Reliance Industries Ltd — 3.0%
- VODAFONE IDEA LIMITED — 2.7%
- Aditya Birla Sun Life Liquid Fund Direct Plan Growth — 2.5%
- Bharti Airtel Ltd. — 2.4%
- AXIS Bank Ltd. — 2.3%
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|---|---|---|
| 2026 (partial) | 4.4% | Q3 | #20 of 35 |
| 2025 | 6.4% | Q2 | #9 of 31 |
| 2024 | 7.5% | Q2 | #11 of 27 |
| 2023 | 7.1% | Q2 | #9 of 25 |
| 2022 | 4.1% | Q2 | #11 of 21 |