Axis Arbitrage Fund Direct Growth-0.05%

4Groww
6.78%
1 Year Return
Hybrid
Arbitrage
4.0 star
6M
1Y
3Y
5Y
All

Fund Details

Axis Arbitrage Fund Direct Growth

RiskModerate
Min SIP Amount₹1000
Expense Ratio0.27%
NAV14.55 (12 Dec 2019)
Fund Started14 Aug 2014
Fund Size2,809 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Axis Arbitrage Fund Direct Growth
6.8%
6.8%
7.2%
7.3%
Category Average
6.9%
NA
NA
-
Rank within category
5
2
3
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 6.8% annual returns

    Comparison

    Data not available
    Pros
    1. Risk is lower compared to the benchmark
    2. Lower expense ratio
    3. 1Y Returns are higher than the benchmark
    4. 3Y Returns are higher than the benchmark
    5. 5Y Returns are higher than the benchmark
    Cons
    1. Risk-adjusted returns are lower compared to the category

    Top Holdings

    NameSectorInstrument% Assets
    Bajaj Finance Ltd.FinancialEquity9.5%
    Housing Development Finance Corpn. Ltd.FinancialEquity9.3%
    Tata Consultancy Services Ltd.TechnologyEquity7.7%
    Reliance Industries Ltd.EnergyEquity7.5%
    Maruti Suzuki India Ltd.AutomobileEquity5.5%
    Bharti Airtel Ltd.CommunicationEquity3.6%
    Sun Pharmaceutical Inds. Ltd.HealthcareEquity2.2%
    Larsen & Toubro Ltd.ConstructionEquity2.0%
    LIC Housing Finance Ltd.FinancialDebenture2.0%
    Housing Development Finance Corpn. Ltd.FinancialDebenture2.0%
    See All

    Fund Managers

    addDevang Shah
    Education
    Mr. Shah is B.Com and ACA.
    Experience
    Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers.
    Funds Managed

    Other Details

    Axis Arbitrage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was introduced to investors on 14 Aug 2014. Ashwin Patni, Devang Shah is the Current Fund Manager of Axis Arbitrage Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹2,809 Cr and the Latest NAV as of 12 Dec 2019 is ₹14.55.

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

    Investment Objective

    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. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

    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
    03 Sep 2009
    Axis Mutual Fund
    Asset Management Company
    Custodian
    Deutsche Bank
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Invest Now
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