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 October 20, 2021
Category Alternative:
Arbitrage Fund
Investment StyleBox
Large Blend
Total Assets 3,568 cr
Turnover Ratio 1258.88%
Expense Ratio 0.31%
Exit Load 0.25%if redeemed within
7 Days
0.00%if redeemed after 7 Days
Returns
  • 1M: 0.55%
  • 1Y: 4.65%
  • 3M: 1.30%
  • 3Y: 5.13%
  • 6M: 2.42%
  • 5Y: 5.76%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Devang Shah (Since about 7 years) Viresh Joshi (Since over 2 years)
ISIN INF846K01QB0
Fund Family Axis
P/E Ratio 18.32
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 0.645
Sharpe 0.432
Std Dev 0.730
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.

View Factsheet

-
Best Arbitrage Fund Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
11.763 4.55% 11,972 cr 0.32% -
31.028 4.41% 25,000 cr 0.44% -
22.325 4.40% 8,675 cr 0.31% -
13.305 4.40% 713 cr 0.34% -
16.139 4.38% 6,206 cr 0.39% -
22.369 4.34% 12,451 cr 0.34% -
15.959 4.34% 5,572 cr 0.37% -


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