NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹18.01
0.08%
NAV as on 09 Dec 24, 12:00 AM
low risk
arbitrage fund
equity
NAV as on 09 Dec 24, 12:00 AM
low risk
arbitrage fund
equity
7.61%p.a.
Last 1Y
6.17%p.a.
Last 3Y
5.25%p.a.
Last 5Y
5.86%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Axis Arbitrage Growth scheme from Axis Asset Management Company Limited. It is a Arbitrage Fund mutual fund scheme that predominantly invests in Arbitrage Fund stocks of companies. Launched on Aug 2014, Axis Arbitrage Growth is Arbitrage Fund fund of its category with 5,515.2 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Arbitrage Fund funds.
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.
Axis Money Market Dir Gr
8.35%
Future on Reliance Industries Ltd
4.76%
Reliance Industries Ltd
4.74%
Hdfc Bank Limited November 2024 Future
4.40%
HDFC Bank Ltd
4.37%
Future on Bank of Baroda
3.87%
Bank of Baroda
3.85%
Infosys Limited November 2024 Future
2.69%
Infosys Ltd
2.67%
Future on Hindustan Aeronautics Ltd Ordinary Shares
2.14%
View Scheme Document
If invested
per month
For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
---|---|---|
Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
If all details are correct, your KYC will be approved within 7 to 8 business days.
Funds
3Y Return
low risk | equity
6.5%
low risk | equity
6.5%
low risk | equity
6.2%