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  • Axis Mutual Fund
  • Axis Arbitrage Fund IDCW (RIDCW-M)

Formerly Axis Arbitrage Reg IDCW-R

Axis Mutual Fund

Axis Arbitrage Fund IDCW (RIDCW-M)

DebtArbitrage

11.0069

NAV (Jun 12)

5.5%
3 Year CAGR
Scripbox Opinion
Neutral
Click here for top ranked funds in arbitrage mutual funds.

Arbitrage funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.

Arbitrage Funds are designed to take advantage of small differences in prices of securities between the cash and derivatives markets.

Funds in this category deploy different strategies making assessment of each fund a unique exercise.This category has a limited number of funds with a sufficiently long history.These funds are recommended as a tax - efficient alternative to debt funds but the effective tax differential is too small to provide a meaningful benefit to regular consumers who are better off investing in debt funds rather than a complex instrument.

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Neutral

The performance of the fund on a Fund Size metric has been Neutral

Rolling Returns

Neutral

The performance of the fund on a Rolling Returns metric has been Neutral

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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

11.0069

NAV (Jun 12)

Fund Returns

Last 1Y
7.8%
Last 3Y
5.7%
Last 5Y
5.2%
Last 10Y
NA
Since Inception
5.8%
6 Month CAGR
4.2%

Scheme Information

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.

Expense Ratio
1
Launched (10y ago)
Aug 14, 2014
AUM in Crores
4177.788
ISIN
INF846K01QE4
Lock-in
No Lock-in
Benchmark
NIFTY 50 Arbitrage TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
0.7
Standard Deviation (5yr)
0.7
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
-0.334
Sharpe Ratio (5yr)
-0.592
YTM
7.64
Fund Managers

Devang Shah

Fund Manager

Karthik Kumar

Fund Manager

Sachin Jain

Fund Manager

Ashish Naik

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Axis Arbitrage Fund IDCW (RIDCW-M)70%8,23,934 91,3224.9%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2024-06-12

Top Debt Holdings

net receivables / (payables)

68.8%
68.8%

axis money market dir gr

9%
9%

hdfc bank ltd

6.1%
6.1%

hdfc bank limited june 2024 future

6.1%
6.1%

future on reliance industries ltd

4.1%
4.1%
See all holdings

Allocation by Sector

financial services

22.1%
22.1%

basic materials

11.3%
11.3%

industrials

7.8%
7.8%

healthcare

7.2%
7.2%

energy

4.6%
4.6%
See all sectors

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
Aditya Birla Sun Life Nifty SDL Plus PSU Bond Sep 26 60 40 fund (G)
Aditya Birla Sun Life Nifty SDL Plus PSU Bond Sep 26 60 40 fund (G)

₹ 10,797 cr

₹ 4,984 cr

₹ 46,422 cr

₹ 14,535 cr

₹ 15,157 cr

amc-img

About the AMC

Axis Asset Management Company Limited

Axis Asset Management Company Limited manages assets worth 297,864 crores and was set up on 13 January 2009. It's current offering of mutual fund schemes includes 62 equity,113 debt and 32 hybrid funds.amc-img
phone-img022-43255161
Fund NameScripbox Opinion
Till Date CAGR

4.8%

7.9%

5.7%

7%

5.7%

7%

5.8%

8%

-

5.2%

Axis Arbitrage Fund IDCW (RIDCW-M) Review

Axis Arbitrage Fund IDCW (RIDCW-M) is a Arbitrage Debt fund and has delivered an annualised return of 5.6% over a period of 9 years. The fund was previously known as Axis Arbitrage Reg IDCW-R. The fund is managed by Axis Asset Management Company Limited. The fund managers are Ashish Naik, Devang Shah, Karthik Kumar, Sachin Jain.

Nav of Axis Arbitrage Fund IDCW (RIDCW-M) as of 6/12/2024 is ₹11.01 with the total AUM as of 6/13/2024 is ₹4177.788. With Scripbox you can compare and check the latest nav for all mutual funds in India. Axis Arbitrage Fund IDCW (RIDCW-M) was launched on Aug 14, 2014. The category risk of the fund is Low Risk.

The minimum SIP amount for Axis Arbitrage Fund IDCW (RIDCW-M) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

Axis Arbitrage Fund IDCW (RIDCW-M) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to NIFTY 50 Arbitrage TR INR.

Axis Arbitrage Fund IDCW (RIDCW-M) is rated as a 3 fund in Debt and delivered 6.8% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Axis Arbitrage Fund IDCW (RIDCW-M).

Frequently Asked Questions

What is Axis Arbitrage Fund IDCW (RIDCW-M)?

Axis Arbitrage Fund IDCW (RIDCW-M) is a Arbitrage Debt scheme predominantly investing across Debt instruments with an investment objective to generate wealth over the long term.

How to invest in Axis Arbitrage Fund IDCW (RIDCW-M)?

You can invest in Axis Arbitrage Fund IDCW (RIDCW-M) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of Axis Arbitrage Fund IDCW (RIDCW-M)?

The minimum sip amount for Axis Arbitrage Fund IDCW (RIDCW-M) is ₹1000. You can invest in multiples of ₹5000.

Is Axis Arbitrage Fund IDCW (RIDCW-M) good to invest in?

As per Scripbox experts, Axis Arbitrage Fund IDCW (RIDCW-M) is a Neutral fund. You can investAxis Arbitrage Fund IDCW (RIDCW-M) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the Axis Arbitrage Fund IDCW (RIDCW-M)?

The expense ratio of the Axis Arbitrage Fund IDCW (RIDCW-M) is 1% for regular plan.