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 #19 of 38 in category.
Fund basics
| Category | Hybrid: Arbitrage |
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| NAV | ₹28.38 (as of 2026-08-21) |
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| AUM | ₹26,646 Cr |
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| Expense ratio | 0.88% |
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| Riskometer | Low |
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| Fund manager | Krina Mehta |
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| Exit load | 0 |
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Performance & risk
| 5-year annualised return | 6.08% |
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| Sharpe ratio | 1.7 |
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| Standard deviation | 0.53% |
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| Max drawdown | -0.91% |
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| Alpha | 0 |
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| Beta | 0 |
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Over 5 years, captured 27.8% of NIFTY Multi Asset - Equity : Arbitrage : REITs/InvITs (50:40:10) Index's upside and -25.4% of its downside.
Market cap allocation
Concentration
| Top 5 holdings | 0.0% |
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| Top 10 holdings | 0.0% |
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| Total holdings | 179 |
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Top holdings
- Net Receivables/Payables (FnO) — 70.4%
- Aditya Birla Sun Life Money Manager Fund - Growth - Direct Plan — 10.1%
- ICICI Bank Ltd. — 3.6%
- Aditya Birla Sun Life Floating Rate Fund - Direct Plan - Growth — 3.5%
- HDFC Bank Ltd. — 3.2%
- Reliance Industries Ltd — 3.2%
- VODAFONE IDEA LIMITED — 2.4%
- Bharti Airtel Ltd. — 2.3%
- AXIS Bank Ltd. — 2.1%
- Aditya Birla Sun Life Liquid Fund Direct Plan Growth — 1.6%
Top sectors
- Agricultural & Farm Machinery — 0.0%
- Automobile — 0.0%
- Aerospace & Defence — 0.0%
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | 3.8% | Q2 | #18 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 |