Fund Performance
Lumpsum
SIP
4.67
as on 22 Sep 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,468 today.
NAV Performance
Fund Information
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₹ 16.514
as on 22 Sep 2023 -
Regular - Growth
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-
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₹ 5,000
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₹ 2,597 Cr.
as on 31 May 2023 -
1.05%
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14 Aug 2014
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Nifty 50
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Axis Mutual Fund
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Highlights of this fund
Axis Arbitrage Fund is an Open-ended Hybrid Fund. The fund belongs to Arbitrage Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 14 Aug 2014. This fund is offered by one of the top AMC (Assets Management Company) Axis Mutual Fund. You can also view here all other Hybrid funds offered by Axis Mutual Fund.
Latest NAV of the fund is ₹ 16.514 as on 22 Sep 2023.
This fund has 9 years of track record. Since 31 Mar 2023 expense ratio of this fund is 1.05%. Ideally you shoulds compare this fund with the benchmark Nifty 50.
You can invest in this fund in SIP with the minimum investment of ₹ 1,000. Lumpsum invest is offered with minimum investment of ₹ 5,000.
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.
List of Fund Managers of Axis Arbitrage Fund
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About Sachin Jain
Mr. Jain is a B.Tech, AGMP (Management) Prior to joining Axis Asset Management Company Ltd., he has worked with Sundaram Mutual Fund, I- Cap, Sunidhi securities and Finance Ltd.
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About Devang Shah
Devang Shah is the Deputy Head - Fixed Income at Axis AMC. His core responsibilities include managing top quartile performance for all funds along with managing client relationship. Devang joined Axis AMC on October 2012 as a Fund Manager and was promoted to Deputy Head in June 2018. He has been actively involved in the ideation, sourcing and investment strategy for fixed income funds. Prior to this, Devang was working with ICICI Prudential AMC as a Fund Manager from April 2008 till October 2012. His primary responsibilities include – 1. Analysing domestic fixed income markets, provide views on interest rate, credit environment & domestic monetary aggregates 2. Managing portfolio and trading in Debt & Money Market Instruments 3. Analysing various credit structures (LAS, ABS Pools, LAP) and credit exposures for the fund house. He has also worked with Deutsche AMC and PwC in past.
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About Ashish Naik
Ashish Naik is an Equity Fund Manager at Axis AMC. He joined Axis AMC as an Equity Research Analyst in 2009, and later in June 2016 he was elevated to the post of a Fund Manager. Prior to this, Ashish was associated with Goldman Sachs India Securities as a Business Analyst.
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Low Risk
Fund Return Comparison
| Fund Name | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 0.68% | 1.91% | 3.96% | 7.35% | 5.72% | 4.99% | 5.22% | 6.24% | 7.67% | 6.55% | 5.81% | 5.26% | 5.58% |
| Category Average | 0.56% | 1.68% | 3.41% | 6.30% | 4.80% | 4.45% | 4.75% | 5.97% | 7.03% | 5.83% | 5.16% | 4.75% | 5.35% |
| Axis Arbitrage Fund | 0.63%₹ 10,062 | 1.80%₹ 10,179 | 3.59%₹ 10,359 | 6.63%₹ 10,663 | 6.99%₹ 12,449 | 5.24%₹ 11,074 | 5.89%₹ 25,488 | 4.67%₹ 11,468 | 5.32%₹ 39,032 | 4.99%₹ 12,760 | 4.91%₹ 67,944 | - | - |
| Invesco India Arbitrage Fund | 0.63%₹ 10,063 | 1.87%₹ 10,187 | 3.85%₹ 10,385 | 7.29%₹ 10,729 | 7.51%₹ 12,482 | 5.72%₹ 11,176 | 6.55%₹ 25,656 | 4.99%₹ 11,574 | 5.81%₹ 39,323 | 5.15%₹ 12,854 | 5.26%₹ 68,540 | 6.02%₹ 17,946 | 5.50%₹ 1,59,099 |
| SBI Arbitrage Opportunities Fund | 0.64%₹ 10,063 | 1.84%₹ 10,184 | 3.96%₹ 10,396 | 7.35%₹ 10,735 | 7.67%₹ 12,493 | 5.70%₹ 11,172 | 6.47%₹ 25,637 | 4.98%₹ 11,570 | 5.79%₹ 39,310 | 5.05%₹ 12,798 | 5.15%₹ 68,355 | 6.01%₹ 17,938 | 5.42%₹ 1,58,431 |
| Kotak Equity Arbitrage Fund | 0.63%₹ 10,062 | 1.91%₹ 10,191 | 3.87%₹ 10,386 | 7.18%₹ 10,718 | 7.52%₹ 12,483 | 5.50%₹ 11,129 | 6.33%₹ 25,601 | 4.97%₹ 11,567 | 5.67%₹ 39,239 | 5.22%₹ 12,897 | 5.21%₹ 68,457 | 6.24%₹ 18,325 | 5.58%₹ 1,59,794 |
| Edelweiss Arbitrage Fund | 0.64%₹ 10,064 | 1.87%₹ 10,187 | 3.80%₹ 10,379 | 7.00%₹ 10,699 | 7.35%₹ 12,472 | 5.35%₹ 11,098 | 6.16%₹ 25,558 | 4.81%₹ 11,514 | 5.51%₹ 39,148 | 5.17%₹ 12,868 | 5.11%₹ 68,288 | - | - |
| ICICI Prudential Equity Arbitrage Fund | 0.68%₹ 10,067 | 1.91%₹ 10,190 | 3.82%₹ 10,381 | 6.98%₹ 10,698 | 7.36%₹ 12,473 | 5.26%₹ 11,080 | 6.13%₹ 25,549 | 4.79%₹ 11,506 | 5.47%₹ 39,120 | 5.06%₹ 12,805 | 5.03%₹ 68,152 | 6.10%₹ 18,087 | 5.44%₹ 1,58,557 |
Portfolio Holdings
Top Sector Holdings of Axis Arbitrage Fund
| Name of Sector | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Banks | 15.26% | ₹ 377.22 Cr. |
| Pharmaceuticals | 5.26% | ₹ 129.89 Cr. |
| Pesticides and agrochemicals | 4.45% | ₹ 110.08 Cr. |
| Cement | 4.37% | ₹ 108.04 Cr. |
| Brew/distilleries | 4.31% | ₹ 106.41 Cr. |
| Others | 66.35% | - |
Top Stock Holdings of Axis Arbitrage Fund
| Name of Stocks | Holding Percentage | Holding Values in Crore |
|---|---|---|
| ICICI Bank Ltd. | 6.58% | ₹ 162.58 Cr. |
| HDFC Bank Ltd. | 4.93% | ₹ 121.91 Cr. |
| Pi Industries Ltd. | 4.31% | ₹ 106.52 Cr. |
| United Spirits Ltd. | 4.31% | ₹ 106.41 Cr. |
| Reliance Industries Ltd. | 3.75% | ₹ 92.56 Cr. |
| Others | 76.12% | - |
Top Debt Instrument Type holdings of Axis Arbitrage Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| CP | 5.91% | ₹ 146.07 Cr. |
| T-Bills | 4.36% | ₹ 107.87 Cr. |
| NCD & Bonds | 0.43% | ₹ 10.67 Cr. |
| Others | 89.30% | - |
Top Debt Holdings of Axis Arbitrage Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - T-Bill | 4.36% | ₹ 107.87 Cr. |
| Bond - ICICI Securities Ltd. | 2.99% | ₹ 73.81 Cr. |
| Bond - Barclays Investments & Loans (I) Ltd. | 1.98% | ₹ 49.03 Cr. |
| Bond - Mahindra & Mahindra Financial Services Ltd. | 0.94% | ₹ 23.24 Cr. |
| Bond - HDB Financial Services Ltd. | 0.43% | ₹ 10.67 Cr. |
| Others | 89.30% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| Net Receivables | 71.76% |
| MF Units | 15.88% |
| TREPS | 2.01% |