Axis Arbitrage Fund - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 7.45 | 5.41 | 5.1 | 5.58 |
Average Rolling Returns(%) | 5.99 | 5.49 | 5.47 | 5.69 |
The Current NAV of Axis Arbitrage Fund - Regular Plan - Growth is ₹17.25.
It is better to invest in a fund with a longer track record as Axis Arbitrage Fund - Regular Plan - Growth cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark NIFTY 1 Year T-Bill Index returns, as Funds portfolio is significantly different.
Axis Arbitrage Fund - Regular Plan - Growth fund’s expense ratio is 1.00%
The process for redemption is
The AUM of Axis Arbitrage Fund - Regular Plan - Growth is currently ₹3,931 Crores.
The Top three stocks are HDFC Bank, Reliance Industries and Vedanta and account for 17% of its portfolio. Top 5 and 10 stocks of fund account for 22% and 31% of fund’s portfolio respectively.
Top three sectors of Axis Arbitrage Fund - Regular Plan - Growth fund are Miscellaneous, Others and Logistics accounting for 100% of the total portfolio.
Since this is a Hybrid - Arbitrage Fund it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of Axis Arbitrage Fund - Regular Plan - Growth Fund is Hybrid - Arbitrage Fund.
Ashish Naik and Devang Shah manage the Axis Arbitrage Fund - Regular Plan - Growth Fund.
Axis Arbitrage Fund - Regular Plan - Growth current PE ratio is 32.89 and PB ratio is 5.55
The asset allocation of Axis Arbitrage Fund - Regular Plan - Growth is Stocks : 0%, Debt : 255.36% and Gold : -155.34%
The minimum SIP amount for Axis Arbitrage Fund - Regular Plan - Growth is ₹100.00 and minimum lumpsum is ₹500.00
The exit load for Axis Arbitrage Fund - Regular Plan - Growth is 0.25% on or before 15 days, Nil after 15 days