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

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

16.884 (0.069%)

NAV on January 25, 2023

Category Alternative:
Arbitrage Fund

Investment StyleBox

Large Growth

Total Assets 3,337 cr

Turnover Ratio 1082.86%

Expense Ratio 0.31%

Exit Load NIL

Returns

1M: 0.73%
1Y: 5.11%
3M: 1.75%
3Y: 4.84%
6M: 2.97%
5Y: 5.61%

Min Investment 500

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ADDITIONAL INFO

Fund Manager Devang Shah (Since over 8 years) Sachin Jain (Since about 1 year) Ashish Naik (Since 9 months)

ISIN INF846K01PZ1

Fund Family Axis

P/E Ratio 24.52

P/B Ratio 3.13

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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NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Invesco India Arbitrage Fund Direct Plan Growth Option	28.577	6.02%	2,430 cr	0.38%	-
Kotak Equity Arbitrage Fund Direct Growth	33.128	5.35%	21,566 cr	0.43%	-
Edelweiss Arbitrage Fund Direct Growth	17.235	5.34%	5,079 cr	0.38%	-
SBI Arbitrage Opportunities Fund Direct Growth	29.846	5.32%	6,509 cr	0.37%	-
Nippon India Arbitrage Fund Direct Plan Growth	23.842	5.14%	8,841 cr	0.21%	-
Tata Arbitrage Fund Direct Growth	12.519	5.13%	5,630 cr	0.28%	-
Axis Arbitrage Direct Growth	16.884	5.11%	3,337 cr	0.31%	-