- Mutual Funds
- Axis Mutual Fund
- Axis Arbitrage Fund Direct Growth
Arbitrage funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.
Arbitrage Funds are designed to take advantage of small differences in prices of securities between the cash and derivatives markets.
Funds in this category deploy different strategies making assessment of each fund a unique exercise.This category has a limited number of funds with a sufficiently long history.These funds are recommended as a tax - efficient alternative to debt funds but the effective tax differential is too small to provide a meaningful benefit to regular consumers who are better off investing in debt funds rather than a complex instrument.
Scheme Information
The scheme aims 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.
Expense Ratio | 0.33 % |
Launched 10Y ago | 2014-08-14 |
AUM in Crores | 5746 |
ISIN | INF846K01PZ1 |
Lock-in (days) | No Lock-in |
Benchmark | NIFTY 50 Arbitrage Total Return Index |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | - |
Standard Deviation | 0.6 |
Beta | 0.7 |
Sharpe Ratio | 1.1 |
YTM | - |
Fund Managers
Asset allocation and Holdings
Top Debt Holdings
Others
67.53%Axis Money Market Fund Direct-Growth
8.07%HDFC Bank Ltd.
6.81%Reliance Industries Ltd.
3.59%Tata Consumer Products Ltd.
3.54%
Allocation by Sector
Healthcare
0.52%Services
0.23%Consumer Staples
0.08%
Comparison with Debt Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 4,772 cr | ||
₹ 14,724 cr | ||
₹ 13,733 cr | ||
₹ 7,713 cr | ||
₹ 9,086 cr |
