Axis Arbitrage Fund - Dividend - Regular Plan

₹10.5752 0.02 %Nav, as on 20-01-2020
Previous Nav
₹ 10.5727
Net Change on 20-01-2020
₹0
PersonalFN Rating
Unrated
Category
Hybrid - Arbitrage Fund
Assets (Cr.)
₹ 2,907.72
Expense Ratio
0.99%
(As on Dec 31, 2019)

Fund Overview Dividend | Regular Plan

Fund House
Axis Mutual Fund
Launch Date
14-Aug-2014
Benchmark
NIFTY 1 Year T-Bill Index
Minimum Investment (₹)
5,000
Minimum Addl Investment (₹)
100
Exit Load (%)
0.25% on or before 7D, Nil after 7D
Minimum SIP Investment (₹)
1,000
Minimum STP Investment (₹)
1,000
Minimum SWP Investment (₹)
1,000
52 Week Low Nav (₹)
13.23
52 Week Low Nav Date
22-Jan-2019
52 Week High Nav (₹)
14.00
52 Week High Nav Date
16-Jan-2020

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 - Regular Plan - Dividend	0.28	0.96	5.25	5.44	6.03	6.18
NIFTY 1 Year T-Bill Index	N/A	N/A	N/A	N/A	N/A	N/A
Nifty 50 Arbitrage Index	0.46	1.15	6.65	N/A	N/A	5.46

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 - Regular Plan - Dividend	Aug 14, 2014	Unrated	5.25	5.44	6.03	0.99	2,907.72
Kotak Equity Arbitrage Fund - Bimonthly	Nov 05, 2014	Unrated	5.39	5.73	6.20	0.98	17,486.32
Kotak Equity Arbitrage Fund - Dividend	Sep 29, 2005	Unrated	5.40	5.72	6.20	0.98	17,486.32
ICICI Prudential Equity Arbitrage Fund - Dividend	Dec 30, 2006	Unrated	5.30	5.54	6.11	0.93	13,565.97
IDFC Arbitrage Fund-Regular Plan-Monthly Dividend	Dec 21, 2006	Unrated	5.45	5.65	6.07	1.09	11,944.35
Nippon India Arbitrage Fund - Dividend Plan	Oct 14, 2010	Unrated	5.60	5.86	6.35	1.08	10,527.63

Fund Holdings as on 31-December-2019

Company % Assets
Net Receivables / (Payables)
59.37
Housing Development Finance Corporation Limited
9.18
7.15% HDFC Bank Limited (30/07/2020)
8.87
Clearing Corporation of India Ltd
8.81
Bajaj Finance Limited
8.73
Reliance Industries Limited
8.69
Larsen & Toubro Limited
5.34
Maruti Suzuki India Limited
4.65
Motherson Sumi Systems Limited
3.93
6.75% AU Small Finance Bank Limited (25/11/2020)
3.78
Bharti Airtel Limited
3.24
HDFC Bank Limited
2.73
ICICI Bank Limited
2.10
Sun Pharmaceutical Industries Limited
1.93
Tech Mahindra Limited
1.89
Titan Company Limited
1.83
8.70% Housing Development Finance Corporation Limited (15/12/2020) **
1.75
Reliance Industries Limited (03/03/2020) ** #
1.70
Kotak Mahindra Prime Limited (28/09/2020) ** #
1.64
Divi's Laboratories Limited
1.62
Pidilite Industries Limited
1.57
UltraTech Cement Limited
1.48
United Spirits Limited
1.34
1.5% Housing Development Finance Corporation Limited (30/03/2020) **
0.94
8.595% LIC Housing Finance Limited (14/01/2022) **
0.88
7.73% REC Limited (15/06/2021) **
0.87
7.50% Power Finance Corporation Limited (16/08/2021) **
0.87
6.99% UltraTech Cement Limited (24/11/2021) **
0.86
6.98% National Bank For Agriculture and Rural Development (30/09/2020) **
0.86
6.95% Reliance Industries Limited (14/12/2020) **
0.86
7.65% National Housing Bank (25/03/2022) **
0.86
6.77% Larsen & Toubro Limited (20/08/2020) **
0.86
7.15% Housing Development Finance Corporation Limited (16/09/2021)
0.86
7.24% LIC Housing Finance Limited (23/08/2021) **
0.86
7.35% Bajaj Finance Limited (10/11/2022) **
0.86
76 Days CMB (MD 17/03/2020)
0.85
Hindustan Unilever Limited
0.85
Vedanta Limited
0.84
Mahindra & Mahindra Limited
0.82
State Bank of India
0.75
6.99% Housing Development Finance Corporation Limited (25/11/2021) **
0.69
ITC Limited
0.68
Bajaj Auto Limited
0.61
Cipla Limited
0.54
8.7545% Nabha Power Limited (28/02/2020) **
0.52
7.71% Kotak Mahindra Investments Limited (21/12/2021) **
0.52
ACC Limited
0.50
Asian Paints Limited
0.48
8.32% Reliance Jio Infocomm Limited (08/07/2021) **
0.35
8.20% Power Finance Corporation Limited (14/09/2020) **
0.35
9.39% Aditya Birla Finance Limited (29/04/2020) **
0.35
Aurobindo Pharma Limited
0.28
Adani Power Limited
0.25
HCL Technologies Limited
0.22
Bajaj Finserv Limited
0.18
Jindal Steel & Power Limited
0.17
8.50% National Bank For Agriculture and Rural Development (31/01/2022) **
0.14
8.07% L&T Finance Limited (29/05/2020) **
0.13
Hero MotoCorp Limited
0.12
8.32% Power Grid Corporation of India Limited (23/12/2020) **
0.11
Torrent Power Limited
0.06
Lupin Limited
0.05
Cummins India Limited
0.05
Aditya Birla Finance Limited (05/06/2020) (ZCB) **
0.04
8.36% Power Finance Corporation Limited (26/02/2020) **
0.03
Power Grid Corporation of India Limited
0.02
Tata Global Beverages Limited
0.01
United Breweries Limited
0.00
GAIL (India) Limited
0.00
GAIL (India) Limited
0.00
United Breweries Limited
0.00
Tata Global Beverages Limited
-0.01
Power Grid Corporation of India Limited
-0.02
Cummins India Limited
-0.05
Lupin Limited
-0.05
Torrent Power Limited
-0.06
Hero MotoCorp Limited
-0.13
Jindal Steel & Power Limited
-0.17
Bajaj Finserv Limited
-0.18
HCL Technologies Limited
-0.22
Adani Power Limited
-0.25
Aurobindo Pharma Limited
-0.28
Asian Paints Limited
-0.48
ACC Limited
-0.50
Cipla Limited
-0.54
Bajaj Auto Limited
-0.61
ITC Limited
-0.68
State Bank of India
-0.75
Mahindra & Mahindra Limited
-0.83
Vedanta Limited
-0.85
Hindustan Unilever Limited
-0.86
United Spirits Limited
-1.35
UltraTech Cement Limited
-1.49
Pidilite Industries Limited
-1.59
Divi's Laboratories Limited
-1.63
Titan Company Limited
-1.84
Tech Mahindra Limited
-1.90
Sun Pharmaceutical Industries Limited
-1.93
ICICI Bank Limited
-2.12
HDFC Bank Limited
-2.75
Bharti Airtel Limited
-3.26
Motherson Sumi Systems Limited
-3.96
Maruti Suzuki India Limited
-4.69
Larsen & Toubro Limited
-5.39
Reliance Industries Limited
-8.76
Bajaj Finance Limited
-8.77
Housing Development Finance Corporation Limited
-9.25

Sector Holding%
Miscellaneous
68.18
Finance - Housing
9.18
Finance - NBFC
8.73
Refineries
8.69
Automobiles - Passenger Cars
5.48
Engineering - Construction
5.34
Bank - Private
4.83
Pharmaceuticals & Drugs
4.42
Auto Ancillary
3.93
Telecommunication - Service Provider
3.24
IT - Software
2.11
Cement & Construction Materials
1.98
Diamond & Jewellery
1.83
Chemicals
1.57
Breweries & Distilleries
1.35
Household & Personal Products
0.85
Metal - Non Ferrous
0.84
Bank - Public
0.75
Automobile Two & Three Wheelers
0.73
Cigarettes/Tobacco
0.68
Paints
0.48
Power Generation/Distribution
0.32
Finance - Investment
0.18
Steel/Sponge Iron/Pig Iron
0.17
Diesel Engines
0.05
Tea/Coffee
0.01
Industrial Gases & Fuels
0.00

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 ₹2,907.72 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(0.02%)yesterday to ₹10.5752.

Among its top 3 holdings the fund has exposure to Net Receivables / (Payables), and

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

Fund House Contact

Address:

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

Phone Number: 022-43255161

Email Address: customerservice@axismf.com

Fax Number: 022-43255199

Website: www.axismf.com

Fund Manager

Devang Shah

Education:B. Com, C.A.
Experience:9 Years
Basic Details:Mr. Devang Shah has 9 years total experience. He is with Axis Asset Management Co. Ltd. from October 16, 2012 till date. His previous experience includes Pricewaterhouse Coopers, Deutsche AMC & ICICI Prudential AMC.
Funds Managed:
Axis Arbitrage Fund
Axis Corporate Debt Fund
Axis Credit Risk Fund
Axis Dynamic Bond Fund
Axis Gilt Fund
Axis Gold Exchange Traded Fund
Axis Gold Fund
Axis Liquid Fund
Axis Money Market Fund
Axis Money Market Fund
Axis Regular Saver Fund
Axis Short Term Fund
Axis Strategic Bond Fund
Axis Treasury Advantage Fund

Viresh Joshi

Education:
Experience:
Basic Details:
Funds Managed:
Axis Arbitrage Fund

Most Recent Dividend

Dividend Details

Record Date Dividend (%)
22/01/2020
1.00
31/12/2019
0.40
23/10/2019
0.50
01/10/2019
0.50
21/08/2019
0.50
31/07/2019
0.50
16/07/2019
0.50
21/06/2019
0.50
23/05/2019
0.50
26/03/2019
0.50
22/02/2019
0.50
24/01/2019
0.50
20/12/2018
0.50
21/11/2018
0.50
22/10/2018
0.50
26/09/2018
0.50
24/08/2018
0.50
20/07/2018
0.50
22/06/2018
0.50
22/05/2018
0.50
20/04/2018
0.50
23/03/2018
0.50
28/02/2018
0.50
01/02/2018
0.50
22/12/2017
0.50
24/11/2017
0.50
26/10/2017
0.50
26/09/2017
0.50
29/08/2017
0.50
26/07/2017
0.50
23/06/2017
0.50
26/05/2017
0.50
11/05/2017
0.50
28/03/2017
0.50
01/03/2017
0.50
27/01/2017
0.50
27/12/2016
0.50
28/11/2016
0.50
09/11/2016
0.50
27/09/2016
0.50
26/08/2016
0.48
26/07/2016
0.50
28/06/2016
0.50
26/05/2016
0.50
28/04/2016
0.50
29/03/2016
0.50
26/02/2016
0.50
27/01/2016
0.50
29/12/2015
0.50
27/11/2015
0.50
27/10/2015
0.50
29/09/2015
0.50
26/08/2015
0.50
28/07/2015
0.50
26/06/2015
0.50
26/05/2015
0.50
28/04/2015
0.50
26/03/2015
0.50
09/03/2015
1.00

Holding Type Holding %
CARE AAA
0.88
Cash
68.18
CRISIL A1+
3.34
CRISIL AAA
12.64
Deposits
12.65
Derivatives
-68.20
Equity
67.73
ICRA AAA
0.52
ICRA AAA(CE)
0.52
IND AAA
0.86
Sovereign
0.85

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