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Aditya Birla Sun Life Mutual Fund

Aditya Birla Sun Life Arbitrage Fund-DIRECT - IDCW

★★★★★ TopFund est.

TopFund Score (fallback rating)

  • Calculated by: TopFund — used only when no third-party rating exists for this fund
  • Formula: 3-year trailing return percentile within category, adjusted ±1 star for expense ratio
  • Refresh frequency: Whenever TopFund re-syncs this fund's data
  • Limitations: A simplified 2-factor estimate, not equivalent to a rating agency's full analysis

Full rating methodology →

TopFund Score: 31/100 · Weak

How this score is calculated

  • Star rating (35%)1/5
  • 3Y CAGR (30%)0.13%
  • Expense ratio (20%)1.26%
  • AUM (15%)₹26,646 Cr

Not investment advice — an analytical read of public fund data. Methodology →

Aditya Birla Sun Life Mutual Fund · Hybrid · Arbitrage Fund

₹11.46

+0.0 (+0.0%)

AUM: ₹26,645 Cr

NAV updated 21 days ago

Plan

Direct

Option

Idcw

Risk

Moderate

Expense Ratio

1.26%

Exit Load

Nil

Fund Manager

Lovelish Solanki

Inception

Jan 2013

Benchmark

NIFTY 50 Arbitrage Total Return Index

Sharpe Ratio

-3.02

Std Dev (1Y)

2.3%

Historical Returns (CAGR)

Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.

1m

-0.49%

3m

+0.03%

6m

-0.45%

1y

-0.72%

3y

+0.13%

5y

+0.41%

10y

+0.42%

since inception

-0.75%

TopFund's Take on Aditya Birla Sun Life Arbitrage Fund-DIRECT - IDCW

Aditya Birla Sun Life Arbitrage Fund-DIRECT - IDCW lags behind most of its peers in the Arbitrage Fund category, currently carrying a 1-star rating. Returns have been soft relative to what the category has offered — worth checking if this is a temporary phase or a longer pattern. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 31/100.

Cost: At 1.26%, the expense ratio runs 232% above the Arbitrage Fund category average of 0.38%. That gap is worth weighing against the fund's actual performance versus cheaper peers before committing to a long SIP.

Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -3.02 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 2.3% is on the lower side for a Arbitrage Fund fund, suggesting a comparatively smoother ride.

Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Hybrid fund.

This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.

Sector Allocation

Asset Allocation

Cash Margin 71.63%
Equity 71.14%
Mutual Fund 15.07%
Certificate of Deposit 8.46%
Reverse Repo 3.09%
Net Receivables 1.32%
Debenture 0.66%
Commercial Paper 0.27%

Frequently Asked Questions about Aditya Birla Sun Life Arbitrage Fund-DIRECT - IDCW

* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.

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