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

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

15.792 (0.104%)

NAV on September 24, 2021

Category Alternative:
Arbitrage Fund

Investment StyleBox

Large Blend

Total Assets 3,674 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: 0.34%
1Y: 4.35%
3M: 1.05%
3Y: 5.64%
6M: 2.35%
5Y: 6.12%

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Devang Shah (Since about 7 years) Viresh Joshi (Since over 2 years)

ISIN INF846K01PZ1

Fund Family Axis

P/E Ratio 18.89

P/B Ratio 3.06

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.

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Top Rated
Top Performing

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Tata Arbitrage Fund Direct Growth	11.757	4.82%	11,990 cr	0.32%	-
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