Item: Axis Arbitrage Direct Growth
Rating: Unrated
Author: Morningstar

Home › Mutual Funds › Axis Mutual Fund › Axis Arbitrage Direct Growth

16.301 (0.065%)

NAV on May 18, 2022

Category Alternative:
Arbitrage Fund

Investment StyleBox

Large Growth

Total Assets 6,618 cr

Turnover Ratio 1258.88%

Expense Ratio 0.31%

Exit Load 0.25%if redeemed within
7 Days0.00%if redeemed after 7 Days

Returns

1M: 0.57%
1Y: 5.04%
3M: 1.09%
3Y: 5.14%
6M: 2.48%
5Y: 5.82%

Min Investment 5,000

Buy Now Start SIP

ADDITIONAL INFO

Fund Manager Devang Shah (Since almost 8 years) Sachin Jain (Since 6 months) Ashish Naik (Since 16 days)

ISIN INF846K01PZ1

Fund Family Axis

P/E Ratio 20.98

P/B Ratio 3.03

Launch Date August 14, 2014

Benchmark NIFTY 50 Arbitrage TR INR

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.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

View Factsheet

Top Rated
Top Performing

-

Best Arbitrage Fund Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Axis Arbitrage Direct Growth	16.301	5.04%	6,618 cr	0.31%	-
Edelweiss Arbitrage Fund Direct Growth	16.597	4.84%	6,838 cr	0.35%	-
SBI Arbitrage Opportunities Fund Direct Growth	28.735	4.81%	7,589 cr	0.36%	-
Invesco India Arbitrage Fund Direct Plan Growth Option	27.406	4.80%	1,013 cr	0.36%	-
Kotak Equity Arbitrage Fund Direct Growth	31.894	4.75%	24,648 cr	0.41%	-
Nippon India Arbitrage Fund Direct Plan Growth	22.982	4.71%	10,898 cr	0.34%	-
UTI Arbitrage Fund Direct Growth Option	29.916	4.52%	5,613 cr	0.35%	-