AUM in Cr 33.76

NAV 33.67

Benchmark 8.9

AXIS ARBITRAGE FUND - REGULAR - GROWTH

Product name Return type 1 yr(%) 3 yr(%) 5 yr(%)

AXIS ARBITRAGE FUND - REGULAR - GROWTH

market linked 6.01 % 6.09 % -

BenchMark : Nifty 50 Arbitrage Index

BenchMark Return 5.41 5.22 6.27

Value of Rs. 1,00,000 Invested

current value 106010 119405 -
scheme 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.
Category Mutual Fund>Equity>Diversified
Fund Type Open Ended
Fund Manager Devang Shah, Viresh Joshi
Minimum Amount for Lumpsum Investment (Rs.) 5000
Minimum Amount for SIP Investment (Rs.) 1000
Nav Date 18/04/2019
Nav 13.42
AUM (Cr.) 2098.63
AUM Date 31/03/2019
Expense Ratio Currently 1
Expense Ratio Date Currently 16/04/2019
Modified Duration(Yrs) -
Modified Duration Date(Yrs) -
YTM -
YTM Date -
Entry Load Nil
Exit Load If redeemed bet. 0 Day to 7 Day Exit Load is 0.25 %
Tax Treatment of Income 15% short term capital gains tax, 10% long term capital gains tax on incremental gains above 1 Lac in a given financial year.
Tax Benefit on Investment
Withdrawal Anytime
Pros
Cons
Risk Factor All investments in mutual funds are subject to market risks and the NAV of the schemes may go up or down depending upon the factors and forces affecting the securities market and there can be no assurance that the fund's objectives will be achieved. Past performance of the Fund does not indicate the future performance of the Schemes of the Fund.
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