AXIS Arbitrage Fund – Direct Growth

Hybrid · Arbitrage
 · ★★★★
₹ 100
Min SIP
₹ 500
Min Lumpsum
0.31 %
Expense Ratio
★★★★
Rating
3,966
Fund Size (in Cr)
10 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 27 March 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 8% 6.1% 5.9% 6.6%
Category Average 8.4% 5.7% 5.1% -

Scheme Allocation

By Holding
By Sector
By Asset
5.79%
3.11%
Others
81.83%
View all Holdings
Holdings Sector Instrument Asset
HDFC Bank Banks Equity 5.79%
Reliance Industr Refineries Equity 3.85%
Vedanta Mining & Mineral products Equity 3.11%
Aurobindo Pharma Pharmaceuticals Equity 2.73%
Bajaj Finance Finance Equity 2.69%
TCS IT - Software Equity 2.41%
Jindal Steel Steel Equity 2.22%
Tata Power Co. Power Generation & Distribution Equity 2.05%
Indus Towers Telecomm Equipment & Infra Services Equity 1.99%
ICICI Bank Banks Equity 1.95%
Glenmark Pharma. Pharmaceuticals Equity 1.93%
IndusInd Bank Banks Equity 1.9%
RBL Bank Banks Equity 1.84%
Tata Consumer Plantation & Plantation Products Equity 1.79%
Apollo Hospitals Healthcare Equity 1.75%
Vodafone Idea Telecomm-Service Equity 1.49%
Bank of Baroda Banks Equity 1.43%
Hindustan Copper Non Ferrous Metals Equity 1.23%
Dabur India FMCG Equity 1.23%
St Bk of India Banks Equity 1.12%
Ambuja Cements Cement Equity 1.04%
Larsen & Toubro Infrastructure Developers & Operators Equity 1.01%
Tata Comm Telecomm-Service Equity 0.99%
P I Industries Agro Chemicals Equity 0.94%
Escorts Kubota Automobile Equity 0.92%
Granules India Pharmaceuticals Equity 0.91%
Bandhan Bank Banks Equity 0.9%
Britannia Inds. FMCG Equity 0.9%
Kotak Mah. Bank Banks Equity 0.88%
Multi Comm. Exc. Miscellaneous Equity 0.82%
Bharat Electron Aerospace & Defence Equity 0.67%
Manappuram Fin. Finance Equity 0.56%
Abbott India Pharmaceuticals Equity 0.53%
Hind.Aeronautics Aerospace & Defence Equity 0.51%
Divi's Lab. Pharmaceuticals Equity 0.5%
REC Ltd Finance Equity 0.49%
Power Fin.Corpn. Finance Equity 0.46%
I R C T C Railways Equity 0.45%
ITC Tobacco Products Equity 0.44%
United Spirits Alcoholic Beverages Equity 0.44%
A B B Capital Goods - Electrical Equipment Equity 0.43%
Hind. Unilever FMCG Equity 0.43%
Cummins India Capital Goods-Non Electrical Equipment Equity 0.42%
G N F C Chemicals Equity 0.41%
HDFC Life Insur. Insurance Equity 0.39%
Power Grid Corpn Power Generation & Distribution Equity 0.37%
S A I L Steel Equity 0.35%
Zee Entertainmen Entertainment Equity 0.35%
Titan Company Diamond, Gems and Jewellery Equity 0.32%
GMR Airports Inf Infrastructure Developers & Operators Equity 0.31%
Piramal Enterp. Finance Equity 0.28%
Max Financial Finance Equity 0.26%
I O C L Refineries Equity 0.25%
Aditya Bir. Fas. Retail Equity 0.24%
O N G C Crude Oil & Natural Gas Equity 0.24%
Godrej Consumer FMCG Equity 0.2%
India Cements Cement Equity 0.2%
Infosys IT - Software Equity 0.18%
Tech Mahindra IT - Software Equity 0.17%
PVR Inox Entertainment Equity 0.15%
AU Small Finance Banks Equity 0.15%
Nestle India FMCG Equity 0.14%
Tata Steel Steel Equity 0.13%
Pidilite Inds. Chemicals Equity 0.12%
Bharti Airtel Telecomm-Service Equity 0.11%
Balkrishna Inds Tyres Equity 0.1%
Mphasis IT - Software Equity 0.1%
Dalmia BharatLtd Cement Equity 0.1%
Federal Bank Banks Equity 0.1%
Shree Cement Cement Equity 0.09%
Cholaman.Inv.&Fn Finance Equity 0.09%
Container Corpn. Logistics Equity 0.09%
Biocon Pharmaceuticals Equity 0.08%
Deepak Nitrite Chemicals Equity 0.08%
Oberoi Realty Realty Equity 0.07%
Lupin Pharmaceuticals Equity 0.06%
Hindalco Inds. Non Ferrous Metals Equity 0.06%
Jubilant Food. Quick Service Restaurant Equity 0.06%
H P C L Refineries Equity 0.05%
ACC Cement Equity 0.05%
The Ramco Cement Cement Equity 0.04%
Chambal Fert. Fertilizers Equity 0.04%
Bajaj Finserv Finance Equity 0.04%
DLF Realty Equity 0.04%
Coal India Mining & Mineral products Equity 0.04%
Birlasoft Ltd IT - Software Equity 0.04%
Oracle Fin.Serv. IT - Software Equity 0.03%
MRF Tyres Equity 0.03%
Dr Lal Pathlabs Healthcare Equity 0.03%
UPL Agro Chemicals Equity 0.03%
Coromandel Inter Fertilizers Equity 0.02%
Crompton Gr. Con Consumer Durables Equity 0.02%
ICICI Pru Life Insurance Equity 0.02%
ICICI Lombard Insurance Equity 0.02%
JSW Steel Steel Equity 0.02%
Alkem Lab Pharmaceuticals Equity 0.02%
NTPC Power Generation & Distribution Equity 0.01%
L&T Technology IT - Software Equity 0.01%
Coforge IT - Software Equity 0.01%
Canara Bank Banks Equity 0.01%
Voltas Consumer Durables Equity 0.01%
Aarti Industries Chemicals Equity 0.01%
LIC Housing Fin. Finance Equity 0.01%
Mahanagar Gas Gas Distribution Equity 0.01%
Petronet LNG Gas Distribution Equity 0.01%
Bosch Auto Ancillaries Equity 0.01%
J K Cements Cement Equity 0.01%
Tata Motors Automobile Equity 0%
Exide Inds. Auto Ancillaries Equity 0%
Aditya Birla Cap Finance Equity 0%
Interglobe Aviat Air Transport Service Equity 0%
SRF Chemicals Equity 0%
Siemens Capital Goods - Electrical Equipment Equity 0%
Cash & Others
67.52%
Debt
21.89%
Banks
16.07%
Pharmaceuticals & Biotech
6.76%
Finance
4.62%
Net Curr Ass/Net Receivables
67.52%
Equity
67.25%
Mutual Funds Units
11.03%
Commercial Paper
10.21%
Certificate of Deposit
3.77%

Advance Ratio

-0.64
Alpha
0.19
SD
0.17
Beta
-1.32
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

AMC Contact Details

Axis Mutual Fund
AUM:
2,63,225 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

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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 ₹18.4 as of 27 March 2024.

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 - 67.52%
  2. Debt - 21.89%
  3. Banks - 16.07%
  4. Pharmaceuticals & Biotech - 6.76%
  5. Finance - 4.62%

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 6.6% since inception

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

The expense ratio of AXIS Arbitrage Fund – Direct Growth is 0.31 % as of 27 March 2024.

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

The AUM of AXIS Arbitrage Fund – Direct Growth is ₹2,63,225 Cr as of 27 March 2024

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

The top stock holdings of AXIS Arbitrage Fund – Direct Growth are
  1. HDFC Bank - 5.79%
  2. Reliance Industr - 3.85%
  3. Vedanta - 3.11%
  4. Aurobindo Pharma - 2.73%
  5. Bajaj Finance - 2.69%

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.
Invest Now