Axis Arbitrage Fund - Growth - Direct Plan

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  • Net Change on 10-12-2019

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Fund Overview Growth | Direct Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

Fund 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.

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
Axis Arbitrage Fund - Direct Plan - Growth 0.41 1.52 6.88 6.79 7.23 7.31
NIFTY 1 Year T-Bill Index N/A N/A N/A N/A N/A N/A
Nifty 50 Arbitrage Index N/A N/A N/A N/A N/A N/A

Returns upto 1 year is Absolute, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
Axis Arbitrage Fund - Direct Plan - Growth Aug 14, 2014 Unrated 6.88 6.79 7.23 0.27 2,531.84
Kotak Equity Arbitrage Fund - Growth - Direct Jan 01, 2013 Unrated 6.76 6.68 7.09 0.45 16,197.95
ICICI Prudential Equity Arbitrage Fund - Direct Plan - Growth Jan 07, 2013 Unrated 6.76 6.64 7.11 0.37 13,391.87
IDFC Arbitrage Fund-Direct Plan- Growth Jan 01, 2013 Unrated 7.04 6.78 7.08 0.39 10,890.80
Nippon India Arbitrage Fund - Direct Plan Growth Plan - Growth Option Jan 01, 2013 Unrated 7.08 6.94 7.36 0.51 9,496.86
HDFC Arbitrage Fund -Direct Plan - Growth Option Dec 31, 2012 Unrated 6.65 6.28 6.82 0.35 5,488.29

Fund Holdings as on 31-October-2019

  • Net Receivables / (Payables)

  • 7.15% HDFC Bank Limited (30/07/2020)

  • Bajaj Finance Limited

  • Housing Development Finance Corporation Limited

  • Tata Consultancy Services Limited

  • Reliance Industries Limited

  • Maruti Suzuki India Limited

  • Bharti Airtel Limited

  • Sun Pharmaceutical Industries Limited

  • Larsen & Toubro Limited

  • 8.595% LIC Housing Finance Limited (14/01/2022) **

  • 8.70% Housing Development Finance Corporation Limited (15/12/2020)

  • Kotak Mahindra Prime Limited (28/09/2020) ** #

  • 6.75% AU Small Finance Bank Limited (25/11/2020)

  • Divi's Laboratories Limited

  • Kotak Mahindra Bank Limited

  • Titan Company Limited

  • United Spirits Limited

  • Clearing Corporation of India Ltd

  • Hindustan Unilever Limited

  • 1.5% Housing Development Finance Corporation Limited (30/03/2020) **

  • Motherson Sumi Systems Limited

  • Mahindra & Mahindra Limited

  • 9.02% LIC Housing Finance Limited (03/12/2020) **

  • 7.73% REC Limited (15/06/2021) **

  • 7.47% Power Finance Corporation Limited (16/09/2021) **

  • 7.50% Power Finance Corporation Limited (16/08/2021) **

  • 6.98% National Bank For Agriculture and Rural Development (30/09/2020) **

  • 6.77% Larsen & Toubro Limited (20/08/2020) **

  • 7.15% Housing Development Finance Corporation Limited (16/09/2021) **

  • 7.24% LIC Housing Finance Limited (23/08/2021) **

  • 6.95% Reliance Industries Limited (14/12/2020)

  • Bank of Baroda (02/04/2020) ** #

  • Vedanta Limited

  • Infosys Limited

  • ITC Limited

  • Pidilite Industries Limited

  • Tech Mahindra Limited

  • Cipla Limited

  • Asian Paints Limited

  • UltraTech Cement Limited

  • HCL Technologies Limited

  • 8.32% Reliance Jio Infocomm Limited (08/07/2021) **

  • 8.20% Power Finance Corporation Limited (14/09/2020) **

  • 9.39% Aditya Birla Finance Limited (29/04/2020) **

  • Aurobindo Pharma Limited

  • Adani Power Limited

  • Bajaj Finserv Limited

  • National Bank For Agriculture and Rural Development (13/03/2020) #

  • 8.50% National Bank For Agriculture and Rural Development (31/01/2022) **

  • Hero MotoCorp Limited

  • 8.07% L&T Finance Limited (29/05/2020) **

  • Jindal Steel & Power Limited

  • 8.32% Power Grid Corporation of India Limited (23/12/2020) **

  • Torrent Power Limited

  • Lupin Limited

  • Dish TV India Limited

  • Aditya Birla Finance Limited (05/06/2020) (ZCB) **

  • State Bank of India

  • 8.36% Power Finance Corporation Limited (26/02/2020) **

  • ICICI Bank Limited

  • Power Grid Corporation of India Limited

  • L&T Finance Holdings Limited

  • Tata Global Beverages Limited

  • United Breweries Limited

  • Nestle India Limited

  • GAIL (India) Limited

  • GAIL (India) Limited

  • Nestle India Limited

  • United Breweries Limited

  • Tata Global Beverages Limited

  • L&T Finance Holdings Limited

  • Power Grid Corporation of India Limited

  • ICICI Bank Limited

  • State Bank of India

  • Dish TV India Limited

  • Lupin Limited

  • Torrent Power Limited

  • Jindal Steel & Power Limited

  • Hero MotoCorp Limited

  • Bajaj Finserv Limited

  • Adani Power Limited

  • Aurobindo Pharma Limited

  • HCL Technologies Limited

  • UltraTech Cement Limited

  • Asian Paints Limited

  • Cipla Limited

  • Tech Mahindra Limited

  • Pidilite Industries Limited

  • ITC Limited

  • Infosys Limited

  • Vedanta Limited

  • Mahindra & Mahindra Limited

  • Motherson Sumi Systems Limited

  • Hindustan Unilever Limited

  • United Spirits Limited

  • Titan Company Limited

  • Kotak Mahindra Bank Limited

  • Divi's Laboratories Limited

  • Larsen & Toubro Limited

  • Sun Pharmaceutical Industries Limited

  • Bharti Airtel Limited

  • Maruti Suzuki India Limited

  • Reliance Industries Limited

  • Tata Consultancy Services Limited

  • Housing Development Finance Corporation Limited

  • Bajaj Finance Limited

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  • Miscellaneous

  • IT - Software

  • Finance - NBFC

  • Finance - Housing

  • Refineries

  • Automobiles - Passenger Cars

  • Pharmaceuticals & Drugs

  • Telecommunication - Service Provider

  • Engineering - Construction

  • Bank - Private

  • Diamond & Jewellery

  • Breweries & Distilleries

  • Household & Personal Products

  • Auto Ancillary

  • Metal - Non Ferrous

  • Cigarettes/Tobacco

  • Chemicals

  • Paints

  • Cement & Construction Materials

  • Power Generation/Distribution

  • Finance - Investment

  • Automobile Two & Three Wheelers

  • Steel/Sponge Iron/Pig Iron

  • TV Broadcasting & Software Production

  • Bank - Public

  • Tea/Coffee

  • Consumer Food

  • Industrial Gases & Fuels

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About Axis Arbitrage Fund

Scheme Analysis

Axis Arbitrage Fund is a Hybrid - Arbitrage Fund fund and belongs to Axis Mutual Fund. It was launched on 14-Aug-2014 and currently has an AUM of ₹2,531.84 crore. Axis Arbitrage Fund is benchmarked against NIFTY 1 Year T-Bill Index as primary index and Nifty 50 Arbitrage Index as secondary index.

The NAV of Axis Arbitrage Fund ended up ₹0(-0.01%)yesterday to ₹14.56.

Among its top 3 holdings the fund has exposure to Net Receivables / (Payables), 7.15% HDFC Bank Limited (30/07/2020) and Bajaj Finance Limited

The Axis Arbitrage Fund is managed by Devang Shah and Viresh Joshi.

Fund House Contact

Axis House, 1st Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai - 400 025

022-43255161
022-43255199
www.axismf.com

Fund Manager

  • CARE AAA

  • Cash

  • CRISIL A1+

  • CRISIL AAA

  • Deposits

  • Derivatives

  • Equity

  • ICRA A1+

  • ICRA AAA

  • IND A1+

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