Axis Arbitrage Fund - Regular Plan - Growth

(Erstwhile Axis Enhanced Arbitrage Fund - Regular Plan - Growth)
Fund House: Axis Mutual Fund
Category: Hybrid: Arbitrage
Launch Date: 05-08-2014
Asset Class: Mixed Asset
Benchmark: NIFTY 50 Arbitrage TRI
Expense Ratio: 1.06% As on (31-03-2021)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 100.0
Total Assets: 3,022.74 Cr As on (31-03-2021)
Turn over: 1,183% | Exit Load: 0.25% for redemption within 7 days

14.7139

5.88%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
-
vs
S&P BSE Liquid Rate Index
-
Gold
-
PPF
-
Returns Type:
of  
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
There is no value for 2x
There is no value for 4x
There is no value for 5x
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

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.

Current Asset Allocation (%)

Indicators

Volatility -
Sharp Ratio -
Alpha -0.57
Beta 1.13
Yield to Maturity 3.8
Average Maturity 0.35

PEER COMPARISON

Scheme Name Inception
Date
1 Year
Return(%)
2 Year
Return(%)
3 Year
Return(%)
5 Year
Return(%)
10 Year
Return(%)
Axis Arbitrage Fund - Regular Plan - Growth 05-08-2014 2.87 4.52 5.05 5.48 -
Tata Arbitrage Fund-Regular Plan-Growth 05-12-2018 3.68 5.09 - - -
L&T Arbitrage Opportunities Fund - Regular Plan - Growth 05-06-2014 3.57 4.95 5.33 5.64 -
UTI Arbitrage Fund - Regular Plan - Growth Option 22-06-2006 3.49 4.77 5.28 5.6 6.79
Kotak Equity Arbitrage Fund - Growth 29-09-2005 3.44 4.73 5.28 5.65 7.02
Kotak Equity Arbitrage Fund -Payout of Income Distribution cum capital withdrawal option Bimonthly 01-11-2014 3.44 4.3 4.74 5.31 -
Kotak Equity Arbitrage Fund - Fortnightly -Payout of Income Distribution cum capital withdrawal option Regular 01-12-2016 3.43 4.43 4.82 - -
Nippon India Arbitrage Fund - Growth Plan - Growth Option 05-10-2010 3.34 4.69 5.3 5.68 7.16
Aditya BIRLA SUN LIFE ARBITRAGE FUND - REGULAR PLAN - GROWTH 24-07-2009 3.29 4.69 5.2 5.52 6.71
ICICI Prudential Equity Arbitrage Fund - Growth 30-12-2006 3.25 4.64 5.2 5.54 6.99

Scheme Characteristics

Scheme following arbitrage strategy. Minimum investment in equity & equity related instruments - 65% of total assets.

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Small Cap

0.24%

Others

33.1%

Large Cap

59.43%

Mid Cap

7.23%

Tax Benefits of investing in this fund

Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#

Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.

Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **

# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund

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