Axis Arbitrage Fund - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : Arbitrage Fund

Fund House :

NAV

This number shows latest NAV (Net Asset Value) and change in the NAV from previous day. NAV is nothing but the unit price for the fund. You will be allocated number of units based on this price. NAV is declared once each day generally at the end of the day. Once you invest in mutual funds, your money is further invested in stocks and bonds by mutual fund managers. Mutual Fund NAV is the per unit latest value of all such stocks/bonds held in the portfolio

: ₹ 15.5362 0.06%
(as on 06th October, 2022)

Crisil Rank

Not Ranked

Rank not available for the fund

Fund Size

: ₹ 4395.44 Cr

(4.6% of Investment in Category)

Expense Ratio

: 1.05%

(1.02% Category average)

Risk-O-Meter

Low

Arbitrage Fund :Arbitrage Fund : The fund has 68.48% investment in domestic equities of which 51.1% is in Large Cap stocks, 13.6% is in Mid Cap stocks, 0.61% in Small Cap stocks.The fund has 10.88% investment in Debt, of which 8.67% in Government securities, 2.21% is in Low Risk securities.

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This Scheme

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Nifty 50

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NA
0.44%

0.95%

1.75%

3.32%

3.43%

4.59%

5.28%

NA
Gold

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Nifty 50 : -

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Returns Calculator
SIP Calculator
VIP (Value Avg)

Amount

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Profit/Loss

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Annualised Returns

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Returns (NAV as on 04th October, 2022)

Period Invested for	₹10000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	27-Sep-22	10017.00	0.17%	-	0.15%	3/26
1 Month	02-Sep-22	10033.50	0.34%	-	0.35%	21/26
3 Month	04-Jul-22	10091.90	0.92%	-	0.96%	19/25
6 Month	04-Apr-22	10180.60	1.81%	-	1.75%	12/25
YTD	31-Dec-21	10290.60	2.91%	-	2.61%	5/25
1 Year	04-Oct-21	10399.60	4.00%	4.00%	3.44%	4/25
2 Year	01-Oct-20	10773.70	7.74%	3.78%	3.40%	5/25
3 Year	04-Oct-19	11249.90	12.50%	4.00%	3.67%	9/23
5 Year	04-Oct-17	12661.50	26.61%	4.83%	4.59%	10/17
Since Inception	14-Aug-14	15527.60	55.28%	5.55%	5.28%	13/25

Returns Calculator Detailed Returns Analysis

SIP Returns (NAV as on 04th October, 2022)

Period Invested for	₹1000 SIP Started on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	04-Oct-21	12000	12245.31	2.04 %	3.81 %
2 Year	01-Oct-20	24000	24971.37	4.05 %	3.86 %
3 Year	04-Oct-19	36000	38161.84	6.01 %	3.82 %
5 Year	04-Oct-17	60000	66912.37	11.52 %	4.31 %

SIP Calculator Detailed Returns Analysis

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.|If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Portfolio (Updated on 31st Aug,2022)

Equity Holding : 68.48% | F&O Holdings : 68.73%| Foreign Equity Holdings : 0.00%| Total : -0.25%

No of Stocks : 162 (Category Avg - 107.65) | Large Cap Investments : 51.1%| Mid Cap Investments : 13.6% | Small Cap Investments : 0.61% | Other : -65.56%

Top 10 Stocks in Portfolio

How to read this table?

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
Bajaj Finance Ltd.	Nbfc	1837.5	4.18%	0.50%	4.18% (Aug 2022)	0.62% (Sep 2021)	2.52 L	0.00
Housing Development Finance Corporation Ltd.	Housing finance	1362.9	3.10%	0.23%	3.64% (Mar 2022)	0.88% (Nov 2021)	5.57 L	-0.37 L
Asian Paints (india) Ltd.	Paints	1320	3.00%	0.37%	3% (Aug 2022)	1.14% (Oct 2021)	3.89 L	0.00
Bajaj Finserv Ltd	Nbfc	1290	2.93%	0.31%	2.93% (Aug 2022)	1.11% (Oct 2021)	76.05 k	-9.70 k
Hindalco Industries Ltd.	Aluminium	1244.9	2.83%	0.16%	3.51% (Feb 2022)	0.61% (Oct 2021)	28.36 L	-3.32 L
Tech Mahindra Ltd.	Software -telecom	1123.5	2.56%	-0.26%	3.54% (Jan 2022)	0% (Sep 2021)	10.44 L	-2.82 L
DLF Ltd.	Residential/commercial/sez project	1097.8	2.50%	0.15%	2.5% (Aug 2022)	0% (Sep 2021)	28.15 L	-1.80 L
Tata Power Co. Ltd.	Power	1025.2	2.33%	0.25%	2.33% (Aug 2022)	0.56% (Sep 2021)	43.27 L	-2.87 L
Larsen & Toubro Ltd.	Engineering, designing, construction	980.5	2.23%	0.18%	2.63% (Jan 2022)	0% (Sep 2021)	5.10 L	-0.48 L
United Spirits Ltd.	Brew/distilleries	944.3	2.15%	0.25%	2.28% (Nov 2021)	1.25% (Sep 2021)	11.63 L	-0.38 L

- indicates change in weight in the portfolio. # indicates a new entry.

Detailed Portfolio Analysis

No of Debt Holding 7 (Category Avg - 7.08) | Modified Duration 0.26 Years (Category Avg - 0.30)| Yield to Maturity 5.96% (Category Avg - 5.79%)

Type of Holdings

Security Type	% Weight	Category Average
GOI	1.14%	2.33%
CD	2.21%	0.80%
T-Bills	7.53%	9.15%
CP	0.00%	0.76%
NCD & Bonds	0.00%	0.77%
PTC	0.00%	0.03%

Investment / Portfolio Grades

Security Type	% Weight	Category Average
Government Backed	8.67%	11.48%
Low Risk	2.21%	2.37%
Moderate Risk	0.00%	0.00%
High Risk	0.00%	0.00%
Very High Risk	0.00%	0.00%
Others	0.00%	0.00%

Detailed Portfolio Analysis

Name	Type of Instrument	Weight (%)
Net Receivables	Net Receivables	65.52%
MF Units	MF Units	7.81%
MF Units	MF Units	7.44%
TREPS	TREPS	4.70%
MF Units	MF Units	3.90%

Detailed Portfolio Analysis

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 30th September, 2022)

Standard Deviation
Standard Deviation value gives an idea about how volatile fund returns has been in the past 3 years. Lower value indicates more predictable performance. So if you are comparing 2 funds (lets say Fund A and Fund B) in the same category. If Fund A and Fund B has given 9% returns in last 3 years, but Fund A standard deviation value is lower than Fund B. So you can say that there is a higher chance that Fund A will continue giving similar returns in future also whereas Fund B returns may vary.

High volatility

1.09vs0.99

Category Avg
Beta
Beta value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market. So if you are comparing 2 funds (lets say Fund A and Fund B) in the same category. If Fund A and Fund B has given 9% returns in last 3 years, but Fund A beta value is lower than Fund B. So you can say that there is a higher chance that Fund A will continue giving similar returns in future also whereas Fund B returns may vary.

Low volatility

-0.01vs0.4

Category Avg
Sharpe Ratio
Sharpe ratio indicates how much risk was taken to generate the returns. Higher the value means, fund has been able to give better returns for the amount of risk taken. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the standard deviation of returns. For example, if fund A and fund B both have 3-year returns of 15%, and fund A has a Sharpe ratio of 1.40 and fund B has a Sharpe ratio of 1.25, you can chooses fund A, as it has given higher risk-adjusted return.

Better risk adjusted returns

-1.63vs-1.8

Category Avg
Treynor's Ratio
Treynor's ratio indicates how much excess return was generated for each unit of risk taken. Higher the value means, fund has been able to give better returns for the amount of risk taken. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the beta of returns. For example, if fund A and fund B both have 3-year returns of 15%, and fund A has a Treynor's ratio of 1.40 and fund B has a Treynor's ratio of 1.25, then you can chooses fund A, as it has given higher risk-adjusted return.

Better risk adjusted returns

1.7vs0.23

Category Avg
Jension's Alpha
Alpha indicates how fund generated additional returns compared to a benchmark. Let's say if a fund A benchmarks its returns with Nifty50 returns then alpha equal to 1.0 indicates the fund has beaten the nifty returns by 1%, so the higher the alpha, the better.

Poor risk adjusted returns

-1.67vs-0.99

Category Avg

Alternative Funds (Category Peers)

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Invesco India Arbitrage Fund - Growth	5	1529.93	0.51	1.19	2.30	4.31	4.17
Kotak Equity Arbitrage Fund - Growth	4	23309.82	0.50	1.08	2.07	3.96	4.19
Edelweiss Arbitrage Fund - Growth	4	5840.92	0.44	1.01	1.93	3.81	4.14
SBI Arbitrage Opportunities Fund - Regular Plan - Growth	5	6965.23	0.51	1.09	2.08	3.80	3.86
ICICI Prudential Equity - Arbitrage Fund - Growth	4	11506.91	0.45	1.08	1.92	3.66	4.03
Nippon India Arbitrage Fund - Growth	4	9331.49	0.43	0.98	1.83	3.66	4.03
LIC MF Arbitrage Fund - Growth	2	29.29	0.49	0.98	1.85	3.51	3.54
Aditya Birla Sun Life Arbitrage Fund - Regular Plan - Growth	3	5627.52	0.43	0.99	1.82	3.48	3.96
UTI Arbitrage Fund - Growth	3	4422.04	0.42	0.92	1.78	3.47	4.04
HDFC Arbitrage Fund - Wholesale - Growth	3	6027.94	0.45	1.01	1.85	3.46	3.77

Detailed Comparison

More Funds from

Out of 65 mutual fund schemes offered by this AMC, 2 is/are ranked 5 * , 5 is/are ranked 4 * , 6 is/are ranked 3 * , 3 is/are ranked 2 * , 5 is/are ranked 1 * , and 44 schemes are not ranked. See more about AMC

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Axis Bluechip Fund - Growth	1	36979.68	-1.56	10.87	-5.02	-7.20	12.88
Axis Long Term Equity Fund - Growth	1	32654.14	-2.83	12.84	-4.96	-12.02	13.28
Axis Liquid Fund - Growth	4	29262.95	0.45	1.32	2.34	4.15	4.06
Axis Midcap Fund - Growth	3	19503.85	-0.54	13.01	0.90	-1.28	22.41
Axis Focused 25 Fund - Growth	1	19124.22	-3.10	10.63	-7.99	-14.47	12.36
Axis Banking & PSU Debt Fund - Growth	5	13871.55	-0.07	0.83	1.26	2.96	5.72
Axis Overnight Fund - Regular Plan - Growth	NA	12062.54	0.44	1.29	2.30	4.00	3.63
Axis Flexi Cap Fund - Growth	1	11250.54	-1.04	12.09	-4.49	-6.90	14.31
Axis Small Cap Fund - Growth	3	10436.00	0.33	12.72	1.38	5.83	28.11
Axis Growth Opportunities Fund - Growth	NA	8476.01	-2.19	11.44	-3.46	-4.48	21.97