Axis Arbitrage Fund - Regular Plan - IDCW

Axis Arbitrage Fund - Regular Plan - IDCW is a fund scheme from Axis mutual fund. It falls under a Arbitrage Funds category. After being launched on 2014-08-14. Axis Arbitrage Fund - Regular Plan - IDCW has achieved Rs 5848.46 Crores worth of assets under management (AUM). It allows minimum SIP of Rs 100 and lumpsum of Rs 500 to start the investment. The expense ratio of this fund is 0.99%.

• Investing Strategy:

  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.

• Performance:

  Axis Arbitrage Fund - Regular Plan - IDCW trailing returns over different times are 1.56% (1 year), 1.3% (3 year), 1.16% (5 year). The average annual return of this fund stands at 1.56%

• Fund Manager & Portfolio Allocation:

  Devang Shah, Ashish Naik, Sachin Jain, Karthik Kumar are the current fund managers of this mutual fund. The fund has a majority of its money invested in the top 5 sectors such as Financial Services, Consumer Cyclical, Basic Materials, Energy, Industrials, , Sectors. First five holdings of this fund are Reliance Industries Ltd, ICICI Bank Ltd, State Bank of India, Bank of Baroda, Tata Motors Ltd, Aditya Birla Finance Limited, National Bank For Agriculture And Rural Development, National Bank For Agriculture And Rural Development, 91 Days Tbill, India (Republic of), Net Receivables / (Payables), Axis Money Market Dir Gr, Kotak Securities Ltd, Icici Securities Limited (Earlier Icici Brokerage Services Limited), Icici Securities Primary Dealership Ltd Companies.