Mirae Asset Arbitrage Fund – Direct Growth

Hybrid · Arbitrage
 · ★★★★
1,000
Min SIP
5,000
Min Lumpsum
0.27 %
Expense Ratio
★★★★
Rating
381
Fund Size (in Cr)
3 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 3 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 29 September 2023 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 7.6% 5.4% - 5.2%
Category Average 7.5% 5% 5% -

Scheme Allocation

By Holding
By Sector
By Asset
1.83%
Others
89.72%
View all Holdings
Holdings Sector Instrument Asset
P I Industries Agro Chemicals Equity 2.45%
Indiabulls Hous. Finance Equity 2.28%
Sun Pharma.Inds. Pharmaceuticals Equity 1.88%
Bank of Baroda Banks Equity 1.84%
Tata Steel Steel Equity 1.83%
Bharat Forge Castings, Forgings & Fastners Equity 1.69%
HDFC Bank Banks Equity 1.66%
Ambuja Cements Cement Equity 1.58%
Larsen & Toubro Infrastructure Developers & Operators Equity 1.55%
Zydus Lifesci. Pharmaceuticals Equity 1.51%
Hind.Aeronautics Capital Goods-Non Electrical Equipment Equity 1.47%
Federal Bank Banks Equity 1.47%
Adani Ports Infrastructure Developers & Operators Equity 1.45%
DLF Realty Equity 1.44%
A B B Capital Goods - Electrical Equipment Equity 1.44%
St Bk of India Banks Equity 1.44%
Tata Comm Telecomm-Service Equity 1.43%
Jindal Steel Steel Equity 1.39%
Infosys IT - Software Equity 1.39%
Britannia Inds. FMCG Equity 1.38%
Tech Mahindra IT - Software Equity 1.38%
Syngene Intl. Pharmaceuticals Equity 1.38%
ACC Cement Equity 1.37%
UltraTech Cem. Cement Equity 1.37%
Bandhan Bank Banks Equity 1.36%
Trent Retail Equity 1.35%
Wipro IT - Software Equity 1.35%
Maruti Suzuki Automobile Equity 1.34%
ICICI Bank Banks Equity 1.34%
Shriram Finance Finance Equity 1.34%
Polycab India Cables Equity 1.33%
J K Cements Cement Equity 1.32%
Hindalco Inds. Non Ferrous Metals Equity 1.32%
Kotak Mah. Bank Banks Equity 1.31%
Axis Bank Banks Equity 1.31%
Eicher Motors Automobile Equity 1.3%
IndusInd Bank Banks Equity 1.3%
SBI Life Insuran Insurance Equity 1.3%
Reliance Industr Refineries Equity 1.3%
SBI Cards Finance Equity 1.29%
Tata Motors Automobile Equity 1.28%
Sun TV Network Entertainment Equity 1.24%
UPL Agro Chemicals Equity 1.23%
Aurobindo Pharma Pharmaceuticals Equity 1.13%
S A I L Steel Equity 1.1%
Power Fin.Corpn. Finance Equity 1.06%
Zee Entertainmen Entertainment Equity 0.95%
Shree Cement Cement Equity 0.94%
Dr Reddy's Labs Pharmaceuticals Equity 0.88%
RBL Bank Banks Equity 0.85%
Dixon Technolog. Consumer Durables Equity 0.81%
Adani Enterp. Trading Equity 0.7%
Natl. Aluminium Non Ferrous Metals Equity 0.57%
H P C L Refineries Equity 0.56%
United Spirits Alcoholic Beverages Equity 0.54%
PVR Inox Entertainment Equity 0.52%
HCL Technologies IT - Software Equity 0.45%
Biocon Pharmaceuticals Equity 0.34%
Indiamart Inter. E-Commerce/App based Aggregator Equity 0.34%
Vodafone Idea Telecomm-Service Equity 0.32%
Info Edg.(India) E-Commerce/App based Aggregator Equity 0.26%
Petronet LNG Gas Distribution Equity 0.2%
M & M Automobile Equity 0.2%
Bajaj Auto Automobile Equity 0.09%
Multi Comm. Exc. Miscellaneous Equity 0.09%
Dabur India FMCG Equity 0.04%
United Breweries Alcoholic Beverages Equity 0.03%
Cash & Others
79.24%
Debt
21.24%
Banks
14.03%
IT-Software
6.65%
Cement & Cement Products
5.1%
Net Curr Ass/Net Receivables
77.66%
Equity
75.94%
T-Bills
9.07%
Reverse Repos
8.56%
Govt Securities / Sovereign
3.9%

Advance Ratio

4.22
Alpha
0.18
SD
0.19
Beta
8.13
Sharpe

Exit Load

Exit Load 0.25%: If units Redeemed or Switched Out within 30 days from the date of allotment. Nil after 30 Days. o

Fund Objective

The investment objective of the scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market instruments. There is no assurance or guarantee that the investment objective of the scheme will be realized

Fund Managers

Jignesh Rao

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

Mirae Asset Mutual Fund
AUM:
1,24,824 Cr
Address:
Unit 606,6th Flr,Windsor Off. CST Road,Kalina, Santacruz(E),Mumbai-400098
Contact:
022-67800300
Email ID:
customercare@miraeasset.com

Frequently Asked Questions

How to invest in Mirae Asset Arbitrage Fund – Direct Growth ?

You can invest in Mirae Asset Arbitrage Fund – Direct Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for Mirae Asset Arbitrage Fund – Direct Growth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of Mirae Asset Arbitrage Fund – Direct Growth ?

The NAV of Mirae Asset Arbitrage Fund – Direct Growth is ₹11.8 as of 29 September 2023.

How to redeem Mirae Asset Arbitrage Fund – Direct Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of Mirae Asset Arbitrage Fund – Direct Growth?

The minimum SIP amount of Mirae Asset Arbitrage Fund – Direct Growth is ₹1000

What are the top sectors Mirae Asset Arbitrage Fund – Direct Growth has invested in?

The top sectors Mirae Asset Arbitrage Fund – Direct Growth has invested in are
  1. Cash & Others - 79.24%
  2. Debt - 21.24%
  3. Banks - 14.03%
  4. IT-Software - 6.65%
  5. Cement & Cement Products - 5.1%

Can I make investments in both the SIP and Lump Sum schemes of Mirae Asset Arbitrage Fund – Direct Growth?

Yes, You can select both SIP or Lumpsum investment of Mirae Asset Arbitrage Fund – Direct Growth based on your investment objective and risk tolerance.

How much returns have Mirae Asset Arbitrage Fund – Direct Growth generated ?

The Mirae Asset Arbitrage Fund – Direct Growth has delivered 5.2% since inception

What is the expense ratio of Mirae Asset Arbitrage Fund – Direct Growth ?

The expense ratio of Mirae Asset Arbitrage Fund – Direct Growth is 0.27 % as of 29 September 2023.

What is the AUM of Mirae Asset Arbitrage Fund – Direct Growth?

The AUM of Mirae Asset Arbitrage Fund – Direct Growth is ₹1,24,824 Cr as of 29 September 2023

What are the top stock holdings of Mirae Asset Arbitrage Fund – Direct Growth?

The top stock holdings of Mirae Asset Arbitrage Fund – Direct Growth are
  1. P I Industries - 2.45%
  2. Indiabulls Hous. - 2.28%
  3. Sun Pharma.Inds. - 1.88%
  4. Bank of Baroda - 1.84%
  5. Tata Steel - 1.83%

How can I redeem my investments in Mirae Asset Arbitrage Fund – Direct Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select Mirae Asset Arbitrage Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.
Invest Now