Fund Details
Axis Arbitrage Fund Regular IDCW
| Risk | Low |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.58% |
| NAV | ₹10.67 (07 May 2021) |
|---|---|
| Fund Started | 14 Aug 2014 |
| Fund Size | ₹3,023 Cr |
Returns
Comparison
1. Age is more than 5 years
2. 3Y Returns are higher than the category average returns
3. Lower expense ratio - 0.57716284%
1. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Dr. Reddy's Laboratories Ltd. | Healthcare | Equity | 3.9% |
| Bharti Airtel Ltd. | Communication | Equity | 3.7% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 3.5% |
| Adani Ports and Special Economic Zone Ltd. | Services | Equity | 3.4% |
| State Bank of India | Financial | Equity | 3.3% |
| Bharat Petroleum Corpn. Ltd. | Energy | Equity | 3.3% |
| Tata Steel Ltd. | Metals | Equity | 3.3% |
| ICICI Bank Ltd. | Financial | Equity | 3.0% |
| Asian Paints Ltd. | Chemicals | Equity | 3.0% |
| Axis Bank Ltd. | Financial | Fixed Deposits | 2.9% |
Fund Managers
Axis Arbitrage Fund Regular IDCW Details
Axis Arbitrage Fund Regular IDCW 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 Regular IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹3,023 Cr and the Latest NAV as of 07 May 2021 is ₹10.67.
The Axis Arbitrage Fund Regular IDCW is rated 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.
