标签 566
(Erstwhile Axis Enhanced Arbitrage Fund - Regular Plan - Growth)
Fund House: Axis Mutual Fund| Category: Hybrid: Arbitrage |
| Launch Date: 05-08-2014 |
| Asset Class: Mixed Asset |
| Benchmark: NIFTY 50 Arbitrage TRI |
| Expense Ratio: 1.05% As on (31-07-2022) |
| Status: Open Ended Schemes |
| Minimum Investment: 5000.0 |
| Minimum Topup: 100.0 |
| Total Assets: 4,395.44 Cr As on (31-08-2022) |
| Turn over: - | Exit Load: 0.25% for redemption within 7 days |
15.4706
-0 (-0.0078%)
5.54%
S&P BSE Liquid Rate Index 5.07%
PERFORMANCE
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Investment 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. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
Current Asset Allocation (%)
Indicators
| Volatility | - |
| Sharp Ratio | 0.59 |
| Alpha | 0.96 |
| Beta | 0.55 |
| Yield to Maturity | 5.95 |
| Average Maturity | 0.34 |
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 - Growth | 05-08-2014 | 3.74 | 3.75 | 3.98 | 4.82 | - |
| Invesco India Arbitrage Fund - Growth Option | 30-04-2007 | 3.99 | 3.89 | 4.15 | 4.89 | 6.06 |
| SBI Arbitrage Opportunities Fund - Regular Plan - Gr | 03-11-2006 | 3.94 | 3.86 | 3.84 | 4.81 | 6.11 |
| Kotak Equity Arbitrage Fund - Growth | 29-09-2005 | 3.73 | 3.94 | 4.17 | 5.02 | 6.4 |
| Edelweiss Arbitrage Fund- Regular Plan- Growth Option | 05-06-2014 | 3.63 | 3.79 | 4.15 | 4.99 | - |
| Nippon India Arbitrage Fund - Growth Plan - Growth Option | 05-10-2010 | 3.46 | 3.74 | 4.03 | 5.01 | 6.34 |
| ICICI Prudential Equity Arbitrage Fund - Growth | 30-12-2006 | 3.42 | 3.76 | 3.99 | 4.87 | 6.37 |
| Aditya Birla Sun Life Arbitrage Fund - Regular Plan - Growth | 24-07-2009 | 3.3 | 3.69 | 3.98 | 4.85 | 6.15 |
| LIC MF Arbitrage Fund-Regular Plan-Growth | 07-01-2019 | 3.29 | 3.29 | 3.55 | - | - |
| UTI Arbitrage Fund - Regular Plan - Growth Option | 22-06-2006 | 3.27 | 3.71 | 4.03 | 4.93 | 6.06 |
Scheme Characteristics
Scheme following arbitrage strategy. Minimum investment in equity & equity related instruments - 65% of total assets.
Riskometer
PORTFOLIO
Market Cap Distribution
Small Cap
1.31%
Others
32.51%
Large Cap
57.34%
Mid Cap
8.84%
Tax Benefits of investing in this fund
Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#
Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.
Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **
# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund
