Fund Details
Axis Arbitrage Fund Regular Dividend
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 1.06% |
| NAV | ₹10.51 (27 Nov 2020) |
|---|---|
| Fund Started | 14 Aug 2014 |
| Fund Size | ₹2,702 Cr |
Returns
as per Historical Returns
Comparison
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. Age is more than 5 years
6. 1Y Returns are higher than the category average returns
7. 3Y Returns are higher than the category average returns
1. Risk-adjusted returns are lower compared to the category
2. Risk-adjusted returns are lower compared to the category
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 5.7% |
| Bajaj Finserv Ltd. | Financial | Equity | 5.5% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 5.2% |
| ICICI Bank Ltd. | Financial | Equity | 5.1% |
| Bharti Airtel Ltd. | Communication | Equity | 3.6% |
| Axis Bank Ltd. | Financial | Fixed Deposits | 3.3% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 2.6% |
| State Bank of India | Financial | Equity | 2.6% |
| Indusind Bank Ltd. | Financial | Equity | 2.5% |
| Cadila Healthcare Ltd. | Healthcare | Equity | 2.1% |
Fund Managers
Axis Arbitrage Fund Regular Dividend Details
Axis Arbitrage Fund Regular Dividend 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 Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹2,702 Cr and the Latest NAV as of 27 Nov 2020 is ₹10.51.
The Axis Arbitrage Fund Regular Dividend is rated Moderate 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.
