Latest NAV & returns of AXIS ASSET MANAGEMENT COMPANY LIMITED

Axis Arbitrage Direct Reinvst of Inc Dis cum Cap Wdrl

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previously known as Axis Enhanced Arbitrage Dir DR until

NAV on April 25, 2024
Category Alternative:
Arbitrage Fund
Investment StyleBox
Large Growth
Total Assets 3,931 cr
Turnover Ratio 937.39%
Expense Ratio 0.30%
Exit Load 0.25%if redeemed within
15 Days
0.00%if redeemed after 15 Days
Returns
  • 1M: 0.37%
  • 1Y: 7.74%
  • 3M: 1.54%
  • 3Y: 6.21%
  • 6M: 3.64%
  • 5Y: 5.68%
Min Investment 500
ADDITIONAL INFO
Fund Manager Devang Shah (Since over 9 years) Sachin Jain (Since over 2 years) Ashish Naik (Since almost 2 years) Karthik Kumar (Since 10 months)
ISIN INF846K01QB0
Fund Family Axis
P/E Ratio 20.42
P/B Ratio 2.97
Launch Date August 14, 2014
Benchmark NIFTY 50 Arbitrage TR INR
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 100.00%
AA 0.00%
A 0.00%
BBB 0.00%
BB 0.00%
B 0.00%
Below B 0.00%
Unrated 0.00%
RISK MEASURES (3 yrs)
vs NIFTY 50 Arbitrage TR INR

Alpha -
Beta -
R-Squared -
Info Ratio -
Tracking Err -
Sortino 2.624
Sharpe 1.576
Std Dev 0.608
Risk -
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.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

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