|Min SIP Amount||₹1000|
|NAV||₹14.85 (23 Jul 2021)|
|Fund Started||14 Aug 2014|
|Fund Size||₹3,578 Cr|
|Reliance Industries Ltd.||Energy||Equity||4.9%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||4.5%|
|Bharat Petroleum Corporation Ltd.||Energy||Equity||3.6%|
|State Bank of India||Financial||Equity||3.4%|
|Dr. Reddy's Laboratories Ltd.||Healthcare||Equity||3.3%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||3.3%|
|Bharti Airtel Ltd.||Communication||Equity||3.2%|
|Axis Ultra Short Term Fund Direct - Growth||Financial||Mutual Fund||3.2%|
|Cadila Healthcare Ltd.||Healthcare||Equity||2.9%|
Axis Arbitrage Fund Regular 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 Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹3,578 Cr and the Latest NAV as of 23 Jul 2021 is ₹14.85.
The Axis Arbitrage Fund Regular Growth 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.
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.
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.