Item: Axis Arbitrage Fund - Direct plan - Monthly IDCW reinvestment
Rating: Unrated
Author: Morningstar

Home › Mutual Funds › Axis Mutual Fund › Axis Arbitrage Fund - Direct plan - Monthly IDCW reinvestment

12.051 (-0.030%)

NAV on December 24, 2024

Category Alternative:
Arbitrage Fund

Investment StyleBox

Large Growth

Total Assets 5,592 cr

Turnover Ratio 1491.92%

Expense Ratio 0.34%

Exit Load 0.25%if redeemed within
15 Days0.00%if redeemed after 15 Days

Returns

1M: 0.48%
1Y: 5.15%
3M: 0.98%
3Y: 5.87%
6M: 1.55%
5Y: 5.46%

Min Investment 500

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ADDITIONAL INFO

Fund Manager Devang Shah (Since over 10 years) Sachin Jain (Since about 3 years) Karthik Kumar (Since over 1 year)

ISIN INF846K01QB0

Fund Family Axis

P/E Ratio 17.11

P/B Ratio 2.53

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.

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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