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Aditya Birla Sun Life Arbitrage Fund

Aditya Birla Sun Life Mutual Fund · Direct Growth · SEBI Category: Arbitrage

Current NAV ₹30.2975 (+0.07% today) As of 04 Jun 2026
1 Year Return +6.3%
3 Year CAGR +7.5% p.a.
5 Year CAGR +6.6% p.a.
AAUM ₹18.3K Cr Jan–Mar 2026
✓ All data from RightAdvise DB — calculated from 3,300 daily NAV records
Fund Overview

Aditya Birla Sun Life Arbitrage Fund — Quick Summary

Aditya Birla Sun Life Arbitrage Fund is managed by ABSL Mutual Fund — a fund house with over Rs.3 lakh crore in total AUM and a strong institutional presence in Indian financial markets. The fund exploits cash-futures arbitrage spreads across a diversified set of stocks, benefiting from ABSL's large derivatives trading capability. With over Rs.18,000 crore in AUM, it is one of India's largest arbitrage funds.

ABSL AMC's deep fixed income management expertise benefits the non-arbitrage portion of the fund. The fund's investment process is systematic and disciplined, with robust risk controls to ensure the arbitrage positions are genuine lock-in trades rather than directional bets. ABSL's technology infrastructure supports efficient multi-stock arbitrage execution.

Fund House
Aditya Birla Sun Life Mutual Fund
SEBI Category
Arbitrage
Benchmark
NIFTY 50 Arbitrage TRI
Fund Manager
Lovelish Solanki
AMFI Code
119526
Risk Level
Very High
NAV Records in DB
3,300 days
Quarterly Average AUM · Jan–Mar 2026
₹18.3K Cr
↑ Increased by 4.9% vs Oct–Dec 2025 · ₹17.4K Cr
Official quarterly average AUM from AMFI disclosure. Published every 3 months.
📊
✓ Suitable For
✓Suited for investors in the 20% to 30% tax bracket who want FD-alternative returns with equity taxation benefits for 1+ year horizons. ABSL's brand trust makes it a natural choice for existing ABSL mutual fund investors.
✓ABSL's institutional scale and derivatives trading capabilities, consistent 3-year returns in the 7 to 8% range, near-zero drawdown, the backing of India's leading diversified financial services group (Aditya Birla), and strong fixed income management for the debt portion make ABSL Arbitrage Fund a well-rounded offering.
✗ Not Suitable For
✗Investors seeking equity-level capital appreciation. Those wanting exposure to stock price movements — arbitrage funds are market-neutral and do not benefit from rising equity markets. Investors with very short horizons under 1 month or who need immediate liquidity.
Who Runs This Fund

Fund Manager

LS
Lovelish Solanki
Aditya Birla Sun Life Mutual Fund · Managing since 2014

Lovelish Solanki manages the Aditya Birla Sun Life Arbitrage Fund as part of ABSL MF's passive and derivative strategies team. His focus is on identifying and executing cash-futures arbitrage opportunities efficiently across the Indian equity derivatives market while managing the fixed income sleeve conservatively to enhance overall fund returns.

For current co-manager details and full biography, refer to the latest Aditya Birla Sun Life Mutual Fund factsheet on AMFI or the AMC website.

What to Factor In

Things to Consider

Informational points to help you form your own view — not judgements or recommendations.

AMFI Code · Informational
AMFI Scheme Code: 119526
The official AMFI scheme code for Aditya Birla Sun Life Arbitrage Fund Direct Growth is 119526. Use this when transacting on platforms or verifying data across databases.
Important Note
Points Worth Knowing
Arbitrage fund returns are closely linked to the futures premium — the gap between the futures price and spot price of a stock. This premium expands during high market activity and bullish sentiment and compresses during low volatility periods. Returns from arbitrage funds can fall below expectations in calm, low-volatility markets. This is an industry-wide structural point that applies to all arbitrage funds.
Investment Objective
As per Scheme Information Document
An open ended scheme investing in arbitrage opportunities. The investment objective of the scheme is to generate income by investing predominantly in arbitrage opportunities in the cash and derivatives segment of equity markets, with the balance in debt and money market instruments.
All Data Below — From RightAdvise Database
Performance

Fund Returns

Calculated from 3,300 daily NAV records in RightAdvise DB. Last calculated: Jun 2026.

1M / 3M / 6M / 1Y — simple point-to-point return  ·  3Y / 5Y / 10Y — CAGR (compounded annual growth rate)

1 MonthPoint-to-point
+0.2%
3 MonthPoint-to-point
+1.2%
6 MonthPoint-to-point
+3.0%
1 YearPoint-to-point
+6.3%
3 YearCAGR
+7.5% p.a.
5 YearCAGR
+6.6% p.a.
10 YearCAGR
+6.4% p.a.
₹1 Lakh → 5YLump sum growth
₹137,747

Best & Worst Periods Ever

Based on all rolling windows in full NAV history. Dates show the start and end of each period.

Best 1Y WindowSimple return
+11.4%
Apr 2013 – Apr 2014
Worst 1Y WindowSimple return
+3.5%
May 2020 – Jun 2021
Best 3Y CAGRCAGR p.a.
+9.1% p.a.
Mar 2013 – Apr 2016
Worst 3Y CAGRCAGR p.a.
+4.6% p.a.
Nov 2019 – Dec 2022

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025
+7.2%
2024
+8.3%
2023
+7.9%
2022
+4.8%
2021
+4.5%
2020
+4.7%
2019
+6.8%
2018
+6.7%
2017
+6.3%
2016
+7.2%
Consistency Analysis

Rolling Returns ℹ️ What is this?

Rolling returns show performance across every possible investment start date — not one cherry-picked number. Learn more →

1Y Rolling Avg
7.1%
Positive in 100% of windows
Best: 11.4% · Worst: 3.5%
3Y Rolling Avg
6.8% p.a.
Positive in 100% of windows
Best: 9.1% · Worst: 4.6%
5Y Rolling Avg
6.5% p.a.
Positive in 100% of windows
Best: 8.3% · Worst: 5.6%
1-Year Rolling Returns Each bar = 1Y return starting from that date
Risk Analysis

Maximum Drawdown ℹ️ What is this?

How much the fund fell from its peak NAV — what investors actually experience during crashes. Calculated from full NAV history.

Max Drawdown Ever
-0.5%
Mar 2020 → Mar 2020
Recovered: Mar 2020 (< 1 month)
Current from Peak
-0.1%
All-time Peak: ₹30.30
Peak date: Jun 2026

How the fund behaved in key crisis periods

Calculated from actual NAV data. "Pre-inception" means the fund didn't exist during that period.

2024–25 Tariff / Correction
0.0%
Sep 27, 2024 – Apr 7, 2025
Recovered: Apr 2025 (< 1 month)
COVID-19 Crash
-0.2%
Feb 19 – Mar 23, 2020
Recovered: Mar 2020 (1 mo)
2022 Rate Hike Cycle
-0.1%
Jan 17 – Jun 17, 2022
Recovered: Jun 2022 (< 1 month)
2018 IL&FS Crisis
0.0%
Aug 28 – Oct 26, 2018
Recovered: Oct 2018 (< 1 month)
Drawdown Chart % fall from rolling peak NAV · full history
Valuation Signal

NAV vs 200-Day Moving Average

When NAV is above 200 DMA the fund is in an uptrend. When below, it signals caution. Calculated from NAV data in DB.

Current NAV
—
200 DMA
—
NAV vs DMA
—
Calculating...
NAV vs 200 DMA Last 400 trading days
Risk Metrics

Risk Ratios

Calculated from 3 years of daily NAV — industry standard. Risk-free rate: 6.5% p.a. Last updated: Jun 2026. What do these mean? →

Sharpe Ratio (3Y)
1.31
Return per unit of total risk. >1 is good. Learn more →
Sortino Ratio (3Y)
2.81
Like Sharpe but only penalises downside volatility. Learn more →
Std Deviation (3Y)
0.9%
Annualised monthly volatility. Lower = more consistent returns. Learn more →
📊
Want to see what Aditya Birla Sun Life Arbitrage Fund is actually holding?

Our portfolio holdings page shows every stock the fund owns, sector allocation, and month-over-month changes — from official AMC disclosures.

→Full current portfolio — all stocks, weights, sectors
→New entries and exits over the last 3 months
→Sector allocation and month-over-month changes
→Updated monthly from official AMC disclosures
See Portfolio Holdings →
← Compare all Arbitrage Funds

See how Aditya Birla Sun Life Arbitrage Fund ranks against other Arbitrage funds on returns, drawdown, Sharpe ratio and AAUM — side by side.

Learn the Metrics
📖 Deep Dive
CAGR, Sharpe, Sortino & Std Dev
What these numbers mean and how to use them
📖 Deep Dive
Drawdown & Rolling Returns
Why these reveal more than any CAGR figure
⚠️ RightAdvise.com is NOT registered with SEBI. All content is for educational purposes only. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully and consult a SEBI-registered advisor before investing.
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⚠️ RightAdvise.com is NOT registered with SEBI. All content is for educational purposes only. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully and consult a SEBI-registered advisor before investing.