Axis Arbitrage Direct Growth
Axis Arbitrage Direct Growth

Axis Arbitrage Direct Growth

Compare
Hybrid
Direct
Arbitrage Fund

NAV: ₹ 16.9 as on 27-01-2023

Fund Performance
zero opening, trading, fund transfer fee
234 people have invested ₹ 79.2L in mutual fund in the last three months

Fund Insights

In the last 1 year, Invesco India Arbitrage Fund Direct Plan Growth Option has given 5.96% return, outperforming this fund by 0.9%

In the last 3 years, Tata Arbitrage Fund Direct Growth has given 5.09% return, outperforming this fund by 0.26%

In the last 5 years, Nippon India Arbitrage Fund Direct Plan Growth has given 5.76% return, outperforming this fund by 0.15%

Fund Performance as on (01-Jan-70)

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
0.7%
1.8%
3%
5.1%
4.8%
5.6%
Benchmark
0.6%
1.6%
2.7%
4.3%
3.9%
4.6%
About the Fund

Axis Arbitrage Direct Growth is a hybrid fund. This fund was started on  14 August, 2014. The fund is managed by Devang Shah, Ashish Naik, Sachin Jain. This fund gives you the benefit of diversification.

Key parameters

1) Axis Arbitrage Direct Growth has a NAV of 16.8859 as on 27-01-2023.

2) Axis Arbitrage Direct Growth has 3337 Cr worth of assets under management (AUM) as on 30-11-2022 and is more than category average.

3) The fund has an expense ratio 0.31 %.

Fund Overview

Expense ratio
Expense ratio
0.31%
Benchmark
Benchmark
NIFTY 50 Arbitrage TR INR
AUM
AUM
₹3337 Cr
Inception Date
Inception Date
14 August, 2014
Min Lumpsum/SIP
Min Lumpsum/SIP
₹500/₹100
Exit Load
Exit Load
0.25%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
1082.86%

Fund Distribution as on (31-Dec-22)

  • Debt & Cash 100%
Credit rating breakup
AAA
100%

Sector Allocation

Dec'22

Nov'22

Oct'22

Cash Equivalent

83.7%

Government

11.2%

Corporate

5.1%

Top Holdings as on (31-Dec-69)

  • Equity
  • Debt & Cash
Equity Holdings158
Debt Holdings11
Holdings
Weight%
Holdings Trend
1M Change
icon
ICICI Bank Ltd
4.4%
38.9%
icon
Future on Housing Development Finance Corp Ltd
4.11%
20.4%
icon
Housing Development Finance Corp Ltd
4.08%
20.4%
icon
Future on Ambuja Cements Ltd
3.98%
17.2%
icon
Future on Bajaj Finance Ltd
3.95%
19.7%

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 10.7 Cr in last 1M
Dec'69 return outperformed benchmark

Change in AUM

Dec'22
₹ 3.3K Cr
Nov'22
₹ 3.3K Cr
Oct'22
₹ 3.7K Cr

Fund Returns vs Benchmark

Dec'22
-0.03%
-0.05%
Nov'22
0.45%
0.42%
Oct'22
0.51%
0.45%
Fund Return
Benchmark Return

Fund Manager

Devang Shah

Devang Shah

Fund Manager of Axis Arbitrage Direct Growth, since 14 August 2014
Ashish Naik

Ashish Naik

Fund Manager of Axis Arbitrage Direct Growth, since 4 May 2022
Sachin Jain

Sachin Jain

Fund Manager of Axis Arbitrage Direct Growth, since 9 November 2021

AMC details

Fund House
Axis Asset Management Company Limited
Total Schemes
Total AUM
₹2.47L Cr
as on 31-Dec-2022
Address
Axis Asset Management Company Ltd.,Axis House, 1st Floor, C-2, Wadia International Centre,,Pandurang Budhkar Marg, Worli,
Phone
+912243255161
Email
customerservice@axismf.com

Fund Highlights

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Low Risk

Investors understand that their principal will be at Low Risk
About the fund

About the fund

This fund has delivered an average annual returns of 6.39% since inception which is more than its category average return of 4.98%
AUM size ₹3337 Cr

AUM size ₹3337 Cr

This fund has AUM of ₹3337 Cr which is more than its category average of ₹ 3038 Cr
Expense Ratio 0.31%

Expense Ratio 0.31%

This fund has an expense ratio of 0.31% which is less than its category average expense ratio of 0.73%

Frequently Asked Questions

The current NAV of Axis Arbitrage Direct Growth is 16.87 as on 23-Jan-2023.
Existing (Absolute + CAGR)
Axis Arbitrage Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.62%
0.62%
6 Month Returns
2.84%
2.84%
1 Year Returns
5.07%
5.07%
3 Years Returns
15.16%
4.82%
5 Years Returns
31.26%
5.59%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.31 as on December 2022
3337 Cr as on December 2022
ICICI Bank Ltd(4.4%),Housing Development Finance Corp Ltd(4.08%),Ambuja Cements Ltd(3.95%),Bajaj Finance Ltd(3.92%),Kotak Mahindra Bank Ltd(3.56%) as on December 2022
Cash Equivalent(84.09%),Government(11.24%),Corporate(5.1%) as on December 2022
AAA
100
Devang Shah,Ashish Naik,Sachin Jain are the fund managers of Axis Arbitrage Direct Growth
The Exit load of Axis Arbitrage Direct Growth is 0.25%

Mutual Fund execution provided by

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.