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Axis Arbitrage Fund Direct Growth

Hybrid
Arbitrage
Low Risk
5.12%
3Y annualised
+0.09% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 23 May 2022₹16.31
Min. SIP amount₹1,000
Rating4
Fund size₹6,618.44Cr

Returns and rankings

Category: Hybrid Arbitrage
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns5.0%5.1%5.8%6.5%
Category average3.3%4.7%5.2%NA
Rank with in category133NA
Understand terms

Holdings (76)

NameSectorInstrumentAssets
Axis Money Market Fund Direct - Growth
FinancialMutual Fund9.0%
Axis Ultra Short Term Fund Direct - Growth
FinancialMutual Fund6.7%
Reserve Bank of India
FinancialT-Bills4.3%
Reliance Industries Ltd.EnergyEquity3.8%
Housing Development Finance Corpn. Ltd.FinancialEquity3.6%
State Bank of IndiaFinancialEquity3.5%
Hindalco Industries Ltd.Metals & MiningEquity3.2%
Tech Mahindra Ltd.TechnologyEquity3.0%
Bharti Airtel Ltd.CommunicationEquity3.0%
Axis Liquid Fund - Direct Plan
FinancialMutual Fund2.9%
See All

Expense ratio, exit load and tax

Expense ratio: 0.31%

Inclusive of GST

Exit load

Exit load of 0.25% if redeemed within 7 days.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹100
Min. for SIP₹1,000

Fund management

Devang Shah
Jul 2014 - Present
View details

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.
Also manages these schemes

Ashish Naik
May 2022 - Present
View details

Education
Mr. Naik is a B.E from Mumbai University and MBA from XLRI, Jamshedpur.
Experience
Prior to joining Axis Mutual Fund he was associated with organizations such as Goldman Sachs and has over 7 years of experience as an Equity Analyst.
Also manages these schemes

Sachin Jain
Nov 2021 - Present
View details

Education
Mr. Jain is a B.Tech, AGMP (Management)
Experience
Prior to joining Axis Asset Management Company Ltd., he has worked with Sundaram Mutual Fund, I- Cap, Sunidhi securities and Finance Ltd.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
"Axis House" - 1st Floor,C-2 - Wadia International Centre,Pandurang Budhkar Marg , Worli, Mumbai 400025
Phone
022-24255161
Launch Date
04 Sep 2009
Amc Image
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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FAQs

How to Invest in Axis Arbitrage Fund Direct Growth?

You can easily invest in Axis Arbitrage Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for Axis Arbitrage Fund Direct Growth from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in Axis Arbitrage Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Axis Arbitrage Fund Direct Growth provide?

The Axis Arbitrage Fund Direct Growth has been there from 14 Aug 2014 and the average annual returns provided by this fund is 4.95% since its inception.

How much expense ratio is charged by Axis Arbitrage Fund Direct Growth?

The term Expense Ratio used for Axis Arbitrage Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of Axis Arbitrage Fund Direct Growth is 0.31% as of 24 May 2022...

What is the AUM of Axis Arbitrage Fund Direct Growth?

The AUM, short for Assets Under Management of Axis Arbitrage Fund Direct Growth is ₹6,618.44Cr as of 24 May 2022.

How to Redeem Axis Arbitrage Fund Direct Growth?

If you want to sell your Axis Arbitrage Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Axis Arbitrage Fund Direct Growth?

You can select either SIP or Lumpsum investment of Axis Arbitrage Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of Axis Arbitrage Fund Direct Growth?

The NAV of Axis Arbitrage Fund Direct Growth is ₹16.31 as of 23 May 2022.

What is the PE and PB ratio of Axis Arbitrage Fund Direct Growth?

The PE ratio ratio of Axis Arbitrage Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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