3 Year return

6.13%
Launched on July 2014 (10 years)

Investment Details

₹100

Minimum SIP Amount

₹500

Minimum one time investment

Fund has no lock-in period

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Based on past performance of this fund

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Risk Involved

Low Risk

Your principal will be at

Low Risk

Scheme Information

Asset Under Management

₹3823.51 Cr.

Expense Ratio

0.31% (inclusive of GST)

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.

Ratings

3.5

Ratings by other agencies

4
0
0

Tax Implications

Withdrawal within 1 year

Exit load + 15% tax on gains

Withdrawal after 1 year

10% tax on gains over ₹1 Lakh per financial year

Fund Holdings

Holdings

Axis Mutual Fund Managers

VJ

Viresh Joshi

Fund Manager since Mar 2019

Fund House Details

Axis Mutual Fund Asset management company

AUM ₹263,225.94 Cr.
No. of Schemes 245
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by Axis Mutual Fund

List of mutual fund schemes by AMC

About the Axis Arbitrage Fund Direct Plan Growth

The Axis Arbitrage Fund Direct Plan Growth is an open-ended equity mutual fund scheme that aims to generate returns that are higher than the returns of the Nifty 50 Index by investing in a diversified portfolio of stocks and arbitrage opportunities. The fund is managed by Axis Mutual Fund, one of the leading mutual fund houses in India. The fund has a track record of generating consistent returns over the long term.

Investment Objectives of the Scheme

The investment objective of the Axis Arbitrage Fund Direct Plan Growth is to generate returns that are higher than the returns of the Nifty 50 Index by investing in a diversified portfolio of stocks and arbitrage opportunities. The fund may invest in a variety of stocks, including large-cap stocks, mid-cap stocks, and small-cap stocks. The fund may also invest in arbitrage opportunities, which are situations where there is a difference in the price of a stock in the cash market and the price of the same stock in the derivative market.

Key Features of The Fund

5-year return 5.88%
Expense Ratio 0.31%
Fund Manager Viresh Joshi
Fund Size ₹3823.51 Cr
Risk Profile Low

Is This Scheme Right for Me?

The Axis Arbitrage Fund Direct Plan Growth is a good option for investors who are looking for a high-growth investment with moderate risk. The fund is suitable for investors who have a time horizon of at least 3 years. However, it is important to note that the fund is not a risk-free investment. The fund's returns can go down as well as up. Investors should only invest in the fund if they are comfortable with the risk of losing money.

AMC Contact Details

Name Axis Mutual Fund
Launch Date January 2009
Addresss Axis House, First Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai - 400025
Contact 8108622211
Email customerservice@axismf.com
Website https://www.axismf.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

FAQs

What is today's NAV of Axis Arbitrage Fund Direct Plan Growth?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Axis Arbitrage Fund Direct Plan Growth Mar 04 2024 is 18.3737

What is the AUM of Axis Arbitrage Fund Direct Plan Growth?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Axis Arbitrage Fund Direct Plan Growth is 3823.51 crore.

What is the expense ratio of Axis Arbitrage Fund Direct Plan Growth?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Axis Arbitrage Fund Direct Plan Growth is 0.31%

What are the returns of Axis Arbitrage Fund Direct Plan Growth since inception?

The Axis Arbitrage Fund Direct Plan Growth was launched on Jul 25 2014. The fund has delivered a CAGR of 6.57 since inception.

What is the minimum SIP amount to invest in Axis Arbitrage Fund Direct Plan Growth?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Axis Arbitrage Fund Direct Plan Growth is 100.

How do I invest in Axis Arbitrage Fund Direct Plan Growth?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Axis Arbitrage Fund Direct Plan Growth?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Axis Arbitrage Fund Direct Plan Growth?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Axis Arbitrage Fund Direct Plan Growth?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.