Axis Arbitrage Fund - Regular Plan - Monthly IDCW
(Erstwhile Axis Enhanced Arbitrage Fund - Regular Plan - Dividend)
Fund House: Axis Mutual Fund| Category: Hybrid: Arbitrage |
| Launch Date: 14-08-2014 |
| Asset Class: Mixed Asset |
| Benchmark: NIFTY 50 Arbitrage TRI |
| TER: 1.0% As on (30-11-2024) |
| Status: Open Ended Schemes |
| Minimum Investment: 500.0 |
| Minimum Topup: 500.0 |
| Total Assets: 5,591.72 Cr As on 29-11-2024(Source:AMFI) |
| Turn over: - | Exit Load: If redeemed/switched out within 15 days from the date of investment/allotment: 0.25%. If redeemed/switched out after 15 days from the date of investment/allotment: Nil. w.e.f. July, 17, 2023. If redeemed/switched out within 30 days from the date of investment/allotment: 0.25%. If redeemed/switched out after 30 days from the date of investment/allotment: Nil. w.e.f. April 10, 2023. If redeemed/switched out within 7 days from the date of investment/allotment: 0.25%. w.e.f. May, 15, 2015. |
11.0904
0.01 (0.1271%)
5.7%
Benchmark: 6.16%
PERFORMANCE
Returns Type:
of :
Start :
End :
Period:
This Scheme
-
vs
NIFTY 50 Arbitrage TRI
-
Gold
-
PPF
-
Returns Type:
of :
Period:
Start :
Period:
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
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.
Current Asset Allocation (%)
Indicators
| Standard Deviation | 0.66 |
| Sharpe Ratio | 0.15 |
| Alpha | 1.69 |
| Beta | 0.8 |
| Yield to Maturity | 7.3 |
| Average Maturity | 0.38 |
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 - Monthly IDCW | 14-08-2014 | 7.58 | 7.3 | 6.18 | 5.2 | 5.63 |
| Kotak Equity Arbitrage Fund - Growth | 29-09-2005 | 7.87 | 7.7 | 6.53 | 5.58 | 6.03 |
| UTI Arbitrage Fund - Regular Plan - Growth Option | 22-06-2006 | 7.74 | 7.54 | 6.26 | 5.4 | 5.91 |
| HDFC Arbitrage Fund - Wholesale Growth Option | 10-10-2007 | 7.72 | 7.53 | 6.3 | 5.25 | 5.75 |
| Edelweiss Arbitrage Fund- Regular Plan- Growth Option | 05-06-2014 | 7.68 | 7.5 | 6.34 | 5.47 | 6.02 |
| ICICI Prudential Equity Arbitrage Fund - Growth | 30-12-2006 | 7.68 | 7.47 | 6.26 | 5.39 | 5.9 |
| Invesco India Arbitrage Fund - Growth Option | 30-04-2007 | 7.62 | 7.56 | 6.64 | 5.54 | 5.92 |
| Axis Arbitrage Fund - Regular Plan - Growth | 20-08-2014 | 7.6 | 7.32 | 6.21 | 5.29 | 5.8 |
| SBI Arbitrage Opportunities Fund - Regular Plan - Gr | 03-11-2006 | 7.6 | 7.59 | 6.47 | 5.38 | 5.83 |
| HDFC Arbitrage Fund - Retail Growth Option | 05-10-2007 | 7.59 | 7.23 | 6.06 | 5.07 | 5.58 |
Scheme Characteristics
Scheme following arbitrage strategy. Minimum investment in equity & equity related instruments - 65% of total assets.
Riskometer
PORTFOLIO
Market Cap Distribution
Small Cap
4.36%
Others
27.7%
Large Cap
51.65%
Mid Cap
16.34%
