- Mutual Funds
- Axis Mutual Fund
- Axis Arbitrage Fund IDCW (RIDCW-M)
Formerly Axis Arbitrage Reg IDCW-R
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.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 11.0451
NAV (Jul 25)
Fund Returns
Last 1Y | 7.7% |
Last 3Y | 5.8% |
Last 5Y | 5.2% |
Last 10Y | NA |
Since Inception | 5.8% |
6 Month CAGR | 3.8% |
Scheme Information
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 | 1.01 |
Launched (10y ago) | Aug 14, 2014 |
AUM in Crores | 5237.742 |
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) | -0.526 |
Sharpe Ratio (5yr) | -0.598 |
YTM | 7.54 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Axis Arbitrage Fund IDCW (RIDCW-M) | 8,21,924 | 89,312 | 4.8% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
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
Top Debt Holdings
net receivables / (payables)
65.4%axis money market dir gr
8.6%hdfc bank limited july 2024 future
4%clearing corporation of india ltd
4%hdfc bank ltd
3.9%Allocation by Sector
financial services
20.7%industrials
9.6%healthcare
7.4%basic materials
6.9%communication services
6.5%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 10,652 cr | ||
₹ 4,916 cr | ||
₹ 53,696 cr | ||
₹ 15,103 cr | ||
₹ 15,072 cr |
About the AMC
Axis Asset Management Company Limited
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
5.4% | 7.9% | ||
5.9% | 7% | ||
6.1% | 8% | ||
5.9% | 7% | ||
- | 5.4% |
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 7/25/2024 is ₹11.05 with the total AUM as of 7/26/2024 is ₹5237.742. 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 6.3% 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)?
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 1.01% for regular plan.