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AXIS Arbitrage Fund – Direct Growth

Hybrid · Arbitrage
 · ★★★★
NAV 17.76 as on 29 Sep 23
0.02 (0.1%) Last Change
5.5% 3Y CAGR returns
100
Min SIP
500
Min Lumpsum
0.3 %
Expense Ratio
★★★★
Rating
2,790
Fund Size (in Cr)
9 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
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  • Wealth Gained
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  • Expected Amount
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Scheme Performance

Returns and Ranks ( as on 29 September 2023 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 7.4% 5.5% 5.7% 6.5%
Category Average 7.5% 5% 5% -

Scheme Allocation

By Holding
By Sector
By Asset
Jindal Steel
3.65%
HDFC Bank
3.58%
Tata Power Co.
3.39%
Reliance Industr
3.26%
Ambuja Cements
3.19%
Others
82.93%
View all Holdings
Holdings Sector Instrument Asset
Jindal Steel Steel Equity 3.65%
HDFC Bank Banks Equity 3.58%
Tata Power Co. Power Generation & Distribution Equity 3.39%
Reliance Industr Refineries Equity 3.26%
Ambuja Cements Cement Equity 3.19%
ICICI Bank Banks Equity 3.18%
IndusInd Bank Banks Equity 2.77%
Zee Entertainmen Entertainment Equity 2.72%
Bandhan Bank Banks Equity 2.35%
United Spirits Alcoholic Beverages Equity 2.2%
Sun Pharma.Inds. Pharmaceuticals Equity 2.02%
Dr Reddy's Labs Pharmaceuticals Equity 1.94%
Asian Paints Paints/Varnish Equity 1.83%
Indus Towers Telecomm Equipment & Infra Services Equity 1.8%
P I Industries Agro Chemicals Equity 1.52%
Bajaj Auto Automobile Equity 1.39%
Biocon Pharmaceuticals Equity 1.35%
Canara Bank Banks Equity 1.35%
Federal Bank Banks Equity 1.3%
Tata Steel Steel Equity 1.25%
Godrej Consumer FMCG Equity 1.23%
Aurobindo Pharma Pharmaceuticals Equity 1.21%
Dabur India FMCG Equity 1.18%
Hindalco Inds. Non Ferrous Metals Equity 1.15%
Maruti Suzuki Automobile Equity 1.1%
Kotak Mah. Bank Banks Equity 1.05%
Grasim Inds Textiles Equity 1.02%
Apollo Hospitals Healthcare Equity 0.88%
Manappuram Fin. Finance Equity 0.83%
Pidilite Inds. Chemicals Equity 0.82%
GAIL (India) Gas Distribution Equity 0.82%
LIC Housing Fin. Finance Equity 0.81%
Hind.Aeronautics Capital Goods-Non Electrical Equipment Equity 0.8%
Britannia Inds. FMCG Equity 0.79%
Infosys IT - Software Equity 0.76%
TCS IT - Software Equity 0.63%
ACC Cement Equity 0.63%
I D F C Finance Equity 0.61%
Indiabulls Hous. Finance Equity 0.59%
India Cements Cement Equity 0.58%
DLF Realty Equity 0.57%
Coal India Mining & Mineral products Equity 0.5%
NMDC Mining & Mineral products Equity 0.45%
Bajaj Finserv Finance Equity 0.39%
S A I L Steel Equity 0.34%
Granules India Pharmaceuticals Equity 0.33%
I R C T C Railways Equity 0.31%
Indian Hotels Co Hotels & Restaurants Equity 0.3%
PVR Inox Entertainment Equity 0.27%
ITC Tobacco Products Equity 0.26%
TVS Motor Co. Automobile Equity 0.25%
Punjab Natl.Bank Banks Equity 0.25%
Bank of Baroda Banks Equity 0.24%
SBI Life Insuran Insurance Equity 0.23%
Interglobe Aviat Air Transport Service Equity 0.21%
UPL Agro Chemicals Equity 0.19%
Havells India Consumer Durables Equity 0.19%
H P C L Refineries Equity 0.18%
G N F C Chemicals Equity 0.18%
Can Fin Homes Finance Equity 0.16%
Delta Corp Miscellaneous Equity 0.15%
Torrent Pharma. Pharmaceuticals Equity 0.15%
Bajaj Finance Finance Equity 0.14%
Tata Motors Automobile Equity 0.14%
Tata Comm Telecomm-Service Equity 0.13%
Natl. Aluminium Non Ferrous Metals Equity 0.12%
Max Financial Finance Equity 0.1%
Crompton Gr. Con Consumer Durables Equity 0.09%
Tech Mahindra IT - Software Equity 0.09%
Bharat Electron Electronics Equity 0.07%
Balrampur Chini Sugar Equity 0.06%
JSW Steel Steel Equity 0.06%
SRF Chemicals Equity 0.06%
Cholaman.Inv.&Fn Finance Equity 0.06%
Aarti Industries Chemicals Equity 0.06%
Sun TV Network Entertainment Equity 0.04%
Bharti Airtel Telecomm-Service Equity 0.04%
UltraTech Cem. Cement Equity 0.04%
Container Corpn. Logistics Equity 0.03%
Indian Energy Ex Miscellaneous Equity 0.03%
Oberoi Realty Realty Equity 0.03%
ICICI Pru Life Insurance Equity 0.02%
Glenmark Pharma. Pharmaceuticals Equity 0.02%
Shriram Finance Finance Equity 0.02%
Tata Consumer Plantation & Plantation Products Equity 0.01%
RBL Bank Banks Equity 0.01%
Multi Comm. Exc. Miscellaneous Equity 0.01%
ICICI Lombard Insurance Equity 0.01%
HDFC Life Insur. Insurance Equity 0.01%
Abbott India Pharmaceuticals Equity 0.01%
A B B Capital Goods - Electrical Equipment Equity 0%
MRF Tyres Equity 0%
Bharat Forge Castings, Forgings & Fastners Equity 0%
Cash & Others
72.6%
Banks
16.62%
Debt
13.57%
Pharmaceuticals & Biotech
5.82%
Cement & Cement Products
5.35%
Equity
71.16%
Net Curr Ass/Net Receivables
70.43%
Mutual Funds Units
14.31%
T-Bills
6.96%
Reverse Repos
5.2%

Advance Ratio

4.56
Alpha
0.18
SD
0.14
Beta
8.5
Sharpe

Exit Load

Exit Load 0.25% - If redeemed/switched out within 15 days from the date of allotment. Nil - If redeemed/switched out after 15 days from the date of allotment.

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.

Fund Managers

Ashish Naik - Funds and Content Listing - Fund Manager

With 14 years of work experience, Mr Ashish Naik handles Funds and Content Listing at Axis Mutual Fund. His current designation is Fund Manager of Equity, Axis Asset Management Ltd. He joined Axis AMC in August 2009 as AVP – Research Analyst and was promoted to Assistant Fund Manager in 2016 and Fund Manager in June 2018. Before joining Axis AMC, Mr Naik worked with Goldman Sachs as Sell-side Equity Research Analyst and Hexaware Technologies as Software Engineer.

Mr Ashish Naik’s educational qualifications include PGDBM (Finance and Marketing) from XLRI Jamshedpur, Financial Risk Management (FRM) from Global Association of Risk Professionals (GARP), and BE (Computer Engineering) from the University of Mumbai. Mr Nail also has a certificate in Chartered Financial Analyst (CFA Institute). His areas of interest include valuation, financial modelling, equity research, financial analysis, corporate finance, etc.

Mr Ashish Naik currently manages eleven (11) schemes at Axis Mutual Fund, including Axis Triple Advantage Fund, Axis Arbitrage Fund, Axis Special Situations Fund, Axis Quant Fund,  Axis NIFTY 100 Index Fund, etc.

Risk-O-Meter

Peer Comparison

Fund Name
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AMC Contact Details

Axis Mutual Fund
AUM:
2,48,980 Cr
Address:
Axis House, 1st Floor,C-2, Wadia international centre,Pandurang Budhkar Marg, Worli, Mumbai - 400025
Contact:
022-43255161
Email ID:
customerserivce@axismf.com

Frequently Asked Questions

How to invest in AXIS Arbitrage Fund – Direct Growth ?

You can invest in AXIS Arbitrage Fund – Direct Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for AXIS Arbitrage Fund – Direct Growth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of AXIS Arbitrage Fund – Direct Growth ?

The NAV of AXIS Arbitrage Fund – Direct Growth is ₹17.7 as of 29 September 2023.

How to redeem AXIS Arbitrage Fund – Direct Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of AXIS Arbitrage Fund – Direct Growth?

The minimum SIP amount of AXIS Arbitrage Fund – Direct Growth is ₹100

What are the top sectors AXIS Arbitrage Fund – Direct Growth has invested in?

The top sectors AXIS Arbitrage Fund – Direct Growth has invested in are
  1. Cash & Others - 72.6%
  2. Banks - 16.62%
  3. Debt - 13.57%
  4. Pharmaceuticals & Biotech - 5.82%
  5. Cement & Cement Products - 5.35%

Can I make investments in both the SIP and Lump Sum schemes of AXIS Arbitrage Fund – Direct Growth?

Yes, You can select both SIP or Lumpsum investment of AXIS Arbitrage Fund – Direct Growth based on your investment objective and risk tolerance.

How much returns have AXIS Arbitrage Fund – Direct Growth generated ?

The AXIS Arbitrage Fund – Direct Growth has delivered 6.5% since inception

What is the expense ratio of AXIS Arbitrage Fund – Direct Growth ?

The expense ratio of AXIS Arbitrage Fund – Direct Growth is 0.3 % as of 29 September 2023.

What is the AUM of AXIS Arbitrage Fund – Direct Growth?

The AUM of AXIS Arbitrage Fund – Direct Growth is ₹2,48,980 Cr as of 29 September 2023

What are the top stock holdings of AXIS Arbitrage Fund – Direct Growth?

The top stock holdings of AXIS Arbitrage Fund – Direct Growth are
  1. Jindal Steel - 3.65%
  2. HDFC Bank - 3.58%
  3. Tata Power Co. - 3.39%
  4. Reliance Industr - 3.26%
  5. Ambuja Cements - 3.19%

How can I redeem my investments in AXIS Arbitrage Fund – Direct Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select AXIS Arbitrage Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.
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