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Axis Arbitrage Fund Direct Growth+0.14%

4.65%
1 Year Return
Hybrid
Arbitrage
3.0star
6M
1Y
3Y
5Y
All

Fund Details

Axis Arbitrage Fund Direct Growth

RiskModerately Low
Min SIP Amount₹1000
Expense Ratio0.31%
NAV₹15.31 (20 Jan 2021)
Fund Started14 Aug 2014
Fund Size2,727 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
4.7%
6.0%
6.4%
6.8%
Category Average
3.5%
5.0%
5.6%
-
Rank Within Category
10
6
3
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount1,000
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 4.7% returns per annum

Comparison

Data not available
Pros
1. Lower expense ratio - 0.31%
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
5. Age is more than 5 years
Cons
Found nothing so far.

Top Holdings

NameSectorInstrument% Assets
Housing Development Finance Corpn. Ltd.FinancialEquity6.2%
ICICI Bank Ltd.FinancialEquity5.4%
Maruti Suzuki India Ltd.AutomobileEquity3.6%
Reliance Industries Ltd.EnergyEquity3.4%
Axis Bank Ltd.FinancialFixed Deposits3.3%
State Bank of IndiaFinancialEquity2.9%
Grasim Industries Ltd.ConstructionEquity2.6%
Tata Steel Ltd.MetalsEquity2.5%
Bharti Airtel Ltd.CommunicationEquity2.4%
Infosys Ltd.TechnologyEquity2.3%
See All

Fund Managers

Ashwin Patni
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Devang Shah
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Axis Arbitrage Fund Direct Growth Details

Axis Arbitrage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 14 Aug 2014. Ashwin Patni, Devang Shah is the Current Fund Manager of Axis Arbitrage Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹2,727 Cr and the Latest NAV as of 20 Jan 2021 is ₹15.31.

The Axis Arbitrage Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. Exit load of 0.25% if redeemed within 7 days.

Investment Objective

The scheme aims to generate income through low volatility absolute return strategies that take advantage of opportunities in the cash and the derivative segments of the equity markets including the arbitrage opportunities available within the derivative segment, by using other derivative based strategies and by investing the balance in debt and money market instruments.

Tax Implications

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Scheme Information Document(SID)

₹5000
Min for First Investment
₹100
Min for Second Investment
Exit load of 0.25% if redeemed within 7 days.
Exit Load

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About Axis Mutual Fund

Address
Axis House, 1st Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai 400025
Phone
022-43255161
Launch Date
04 Sep 2009
Axis Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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