Investors understand that their principal will be at

Exit load of 0.50% if redeemed within 30 days.

Exit load of 0.50% if redeemed within 30 days.

BOI AXA Arbitrage Fund Direct – Growthis aBalancedmutual fund scheme fromBOI AXA Mutual Fund. This scheme was launched on18 Jun 2018and is currently managed by its fund managerAjay Khandelwal. It has an AUM of ₹58.36Crores and the latest NAV decalared is ₹11.065as on09 Mar 2020at11:10 pm.

BOI AXA Arbitrage Fund Direct – Growth scheme return performance in last 1 year is 5.92%, is 10.54% since scheme launch. The min. SIP amount to invest in this scheme is ₹500.

The scheme seeks to generate income through arbitrage opportunities between cash and derivative segments of the equity market and arbitrage opportunities within the derivative segment and by deployment of surplus cash in debt securities and money market instruments.

Arbitrage fund leverages on the price differential of an asset (like stocks) in the cash and derivatives market to deliver low volatility returns. Being hybrid in nature, they are allowed to invest a significant portion towards equity and equity related instruments. Due to this, the capital gains from arbitrage funds are taxed in the same way as equity funds.

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Registered with the Securities and Exchange Board of India (SEBI) as an Investment Advisor (INA100009859)

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.