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.

	DATE OF ALLOTMENT	14th August 2014
	MONTHLY AVERAGE	4,526.47Cr.
	AS ON 31st May, 2024	4,938.62Cr.
	BENCHMARK	Nifty 50 Arbitrage Index
	Residual Maturity@*	0.66 days
	Modified Duration@*	0.63 days
	Macaulay Duration@*	0.64 days
	Annualised Portfolio YTM*	7.61%
	Adjusted YTM#	7.64%
	#Portfolio YTM adjusted for bank bonds with optionality by considering their Yield To Call at respective call dates *in case of semi annual YTM, it will be annualised *As per AMFI Best Practices Guidelines Circular No. 88 / 2020 -21-Additional Disclosures in Monthly Factsheets. @ Based on debt portfolio only. For instruments with put/call option, the put/call date has been taken as the maturity date. This should not be taken as an indication of the returns that maybe generated by the fund and the securities bought by the fund may or may not be held till their respective maturities. The calculation is based on the invested corpus of the debt portfolio.
	FUND MANAGER
	Mr. Karthik Kumar Work experience: 14 years.He has been managing this fund since 3rd July 2023
	Mr. Devang Shah Work experience: 18 years.He has been managing this fund since 14th August 2014
	Mr. Sachin Jain Work experience: 10 years.He has been managing this fund since 9th November 2021
	Mr. Ashish Naik Work experience: 15 years.He has been managing this fund since 4th May 2022

 

Past performance may or may not be sustained in future.Different plans have different expense structure. Karthik Kumar is managing the scheme since 3rd July 2023 and he manages 17 schemes of Axis Mutual Fund & Devang Shah is managing the scheme since 14th August 2014 and he manages 22 schemes of Axis Mutual Fund & Sachin Jain is managing the scheme since 9th November 2021 and he manages 15 schemes of Axis Mutual Fund & Ashish Naik is managing the scheme since 4th May 2022 and he manages 18 schemes of Axis Mutual Fund . Please refer to annexure for performance of schemes managed by the fund managers. Returns greater than 1 year period are compounded annualised (CAGR). Face Value per unit : ₹10.