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

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

18.600 (0.019%)

NAV on April 24, 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 Days0.00%if redeemed after 15 Days

Returns

1M: 0.88%
1Y: 8.28%
3M: 2.22%
3Y: 6.25%
6M: 4.15%
5Y: 5.91%

Min Investment 500

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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 INF846K01PZ1

Fund Family Axis

P/E Ratio 20.42

P/B Ratio 2.97

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 Performing

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NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Kotak Equity Arbitrage Fund Direct Growth	36.635	8.67%	40,051 cr	0.43%	-
Invesco India Arbitrage Fund Direct Plan Growth Option	31.562	8.48%	17,729 cr	0.4%	-
SBI Arbitrage Opportunities Fund Direct Growth	32.942	8.46%	27,586 cr	0.42%	-
Axis Arbitrage Direct Growth	18.600	8.28%	3,931 cr	0.3%	-