Mirae Asset Arbitrage Fund – Direct Growth

Hybrid · Arbitrage
 · ★★★
500
Min SIP
5,000
Min Lumpsum
0.16 %
Expense Ratio
★★★
Rating
1,023
Fund Size (in Cr)
4 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 22 February 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 8.3% 6% - 5.6%
Category Average 8.2% 5.7% 5.1% -

Scheme Allocation

By Holding
By Sector
By Asset
2.32%
1.56%
Others
91.43%
View all Holdings
Holdings Sector Instrument Asset
Asian Paints Paints/Varnish Equity 2.32%
Balrampur Chini Sugar Equity 1.66%
Hind.Aeronautics Aerospace & Defence Equity 1.56%
NTPC Power Generation & Distribution Equity 1.56%
St Bk of India Banks Equity 1.47%
Vodafone Idea Telecomm-Service Equity 1.44%
Bandhan Bank Banks Equity 1.38%
ITC Tobacco Products Equity 1.37%
Adani Enterp. Trading Equity 1.33%
Natl. Aluminium Non Ferrous Metals Equity 1.26%
Manappuram Fin. Finance Equity 1.22%
Interglobe Aviat Air Transport Service Equity 1.2%
Bajaj Auto Automobile Equity 1.18%
Info Edg.(India) E-Commerce/App based Aggregator Equity 1.14%
Hindustan Copper Non Ferrous Metals Equity 1.11%
TVS Motor Co. Automobile Equity 1.11%
Godrej Consumer FMCG Equity 1.1%
Ambuja Cements Cement Equity 1.1%
I R C T C Railways Equity 1.1%
Bank of Baroda Banks Equity 1.06%
Tata Comm Telecomm-Service Equity 1.06%
Colgate-Palmoliv FMCG Equity 1.05%
I D F C Finance Equity 0.95%
Reliance Industr Refineries Equity 0.95%
PVR Inox Entertainment Equity 0.93%
RBL Bank Banks Equity 0.93%
Axis Bank Banks Equity 0.83%
Dr Lal Pathlabs Healthcare Equity 0.82%
HDFC Bank Banks Equity 0.82%
Multi Comm. Exc. Miscellaneous Equity 0.81%
Piramal Enterp. Finance Equity 0.79%
Aurobindo Pharma Pharmaceuticals Equity 0.77%
Coforge IT - Software Equity 0.76%
Vedanta Mining & Mineral products Equity 0.76%
Trent Retail Equity 0.75%
Adani Ports Marine Port & Services Equity 0.74%
ICICI Bank Banks Equity 0.7%
TCS IT - Software Equity 0.7%
Kotak Mah. Bank Banks Equity 0.68%
Dalmia BharatLtd Cement Equity 0.68%
Federal Bank Banks Equity 0.68%
Grasim Inds Textiles Equity 0.66%
S A I L Steel Equity 0.66%
Biocon Pharmaceuticals Equity 0.65%
M & M Automobile Equity 0.65%
Sun TV Network Entertainment Equity 0.65%
Tata Steel Steel Equity 0.65%
Delta Corp Miscellaneous Equity 0.64%
Jindal Steel Steel Equity 0.64%
Siemens Capital Goods - Electrical Equipment Equity 0.64%
SBI Life Insuran Insurance Equity 0.64%
Zee Entertainmen Entertainment Equity 0.64%
Hind. Unilever FMCG Equity 0.63%
Indian Hotels Co Hotels & Restaurants Equity 0.63%
Max Financial Finance Equity 0.63%
Aarti Industries Chemicals Equity 0.62%
Bajaj Finance Finance Equity 0.62%
B P C L Refineries Equity 0.62%
Escorts Kubota Automobile Equity 0.62%
Infosys IT - Software Equity 0.62%
Maruti Suzuki Automobile Equity 0.62%
Power Fin.Corpn. Finance Equity 0.62%
Indus Towers Telecomm Equipment & Infra Services Equity 0.6%
Bharti Airtel Telecomm-Service Equity 0.6%
Coal India Mining & Mineral products Equity 0.6%
IndusInd Bank Banks Equity 0.6%
UltraTech Cem. Cement Equity 0.6%
Astral Plastic products Equity 0.59%
L&T Technology IT - Software Equity 0.59%
Larsen & Toubro Infrastructure Developers & Operators Equity 0.56%
Canara Bank Banks Equity 0.55%
JSW Steel Steel Equity 0.55%
Indian Energy Ex Miscellaneous Equity 0.54%
Ashok Leyland Automobile Equity 0.53%
O N G C Crude Oil & Natural Gas Equity 0.53%
Cipla Pharmaceuticals Equity 0.52%
Dr Reddy's Labs Pharmaceuticals Equity 0.52%
ICICI Pru Life Insurance Equity 0.52%
United Spirits Alcoholic Beverages Equity 0.51%
ACC Cement Equity 0.5%
Glenmark Pharma. Pharmaceuticals Equity 0.5%
Bharat Electron Aerospace & Defence Equity 0.49%
Divi's Lab. Pharmaceuticals Equity 0.49%
Eicher Motors Automobile Equity 0.49%
HDFC Life Insur. Insurance Equity 0.49%
A B B Capital Goods - Electrical Equipment Equity 0.48%
Nestle India FMCG Equity 0.48%
Tech Mahindra IT - Software Equity 0.46%
Polycab India Cables Equity 0.45%
Dixon Technolog. Consumer Durables Equity 0.42%
LIC Housing Fin. Finance Equity 0.42%
Aditya Birla Cap Finance Equity 0.41%
Zydus Lifesci. Pharmaceuticals Equity 0.41%
Dabur India FMCG Equity 0.41%
Hindalco Inds. Non Ferrous Metals Equity 0.4%
ICICI Lombard Insurance Equity 0.4%
Shriram Finance Finance Equity 0.4%
DLF Realty Equity 0.32%
Voltas Consumer Durables Equity 0.24%
AU Small Finance Banks Equity 0.18%
UPL Agro Chemicals Equity 0.14%
Bharat Forge Castings, Forgings & Fastners Equity 0.12%
Britannia Inds. FMCG Equity 0.12%
Pidilite Inds. Chemicals Equity 0.06%
H P C L Refineries Equity 0.05%
P I Industries Agro Chemicals Equity 0.04%
Alkem Lab Pharmaceuticals Equity 0.01%
Debt
20.81%
Banks
9.88%
Finance
5.43%
Automobiles
4.05%
Pharmaceuticals & Biotech
3.87%
Others
55.96%
View all Sectors
Sectors Asset
Debt 20.81%
Banks 9.88%
Finance 5.43%
Automobiles 4.05%
Pharmaceuticals & Biotech 3.87%
Telecom-Services 3.7%
Cement & Cement Products 3.54%
Consumer Durables 2.98%
Non-Ferrous Metals 2.77%
Insurance 2.68%
Cash & Others 2.62%
Personal Products 2.56%
IT-Software 2.54%
Ferrous Metals 2.5%
Leisure Services 2.37%
Entertainment 2.22%
Aerospace & Defense 2.05%
Diversified FMCG 2%
Retailing 1.89%
Agricultural Food & other 1.66%
Petroleum Products 1.62%
Power 1.56%
Capital Markets 1.35%
Metals & Minerals Trading 1.33%
Transport Services 1.2%
Industrial Products 1.16%
Agricultural, Commercial 1.15%
Electrical Equipments 1.12%
Healthcare Services 0.82%
Diversified Metals 0.76%
Transport Infrastructure 0.74%
Chemicals & Petrochemical 0.68%
Food Products 0.6%
Consumable Fuels 0.6%
IT-Services 0.59%
Construction 0.56%
Oil 0.53%
Beverages 0.51%
Others 0.5%
Realty 0.32%
Fertilisers & Agrochemica 0.18%
Equity
76.08%
T-Bills
10.59%
Reverse Repos
3.93%
Net Curr Ass/Net Receivables
2.62%
Certificate of Deposit
2.42%
Others
4.36%
View all Assets
Assets Asset
Equity 76.08%
T-Bills 10.59%
Reverse Repos 3.93%
Net Curr Ass/Net Receivables 2.62%
Certificate of Deposit 2.42%
Commercial Paper 2.41%
Govt Securities / Sovereign 1.46%
Mutual Funds Units 0.5%

Advance Ratio

-0.83
Alpha
0.2
SD
0.23
Beta
-1.6
Sharpe

Exit Load

Exit Load 0.25%: If units Redeemed or Switched Out within 15 days from the date of allotment. Nil after 15 Days.

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:
1,49,503 Cr
Address:
Unit 606,6th Flr,Windsor Off. CST Road,Kalina, Santacruz(E),Mumbai-400098
Contact:
022-67800300
Email ID:
customercare@miraeasset.com

More Funds from Mirae Asset Mutual Fund

Fund Name

Mutual Funds By Category

Equity

Debt

Hybrid

equity
Large Cap Mutual Funds Large Cap Mutual Funds
Large Cap
Fund Name
Mid Cap Mutual Funds Mid Cap Mutual Funds
Mid Cap
Fund Name
Small Cap Mutual Funds Small Cap Mutual Funds
Small Cap
Fund Name
Multi Cap Funds Multi Cap Funds
Multi Cap
Fund Name
ELSS Mutual Funds ELSS Mutual Funds
ELSS
Fund Name
Dividend Yield Funds Dividend Yield Funds
Dividend Yield
Fund Name
Sectoral / Thematic Mutual Funds Sectoral / Thematic Mutual Funds
Sectoral / Thematic
Fund Name
Focused Funds Focused Funds
Focused
Fund Name
debt
Ultra Short Duration Funds Ultra Short Duration Funds
Ultra Short Duration
Fund Name
Liquid Mutual Funds Liquid Mutual Funds
Liquid
Fund Name
Gilt Mutual Funds Gilt Mutual Funds
Gilt
Fund Name
Long Duration Funds Long Duration Funds
Long Duration
Fund Name
Overnight Mutual Funds Overnight Mutual Funds
Overnight
Fund Name
Floater Mutual Funds Floater Mutual Funds
Floater
Fund Name
hybrid
Arbitrage Mutual Funds Arbitrage Mutual Funds
Arbitrage
Fund Name
Equity Savings Mutual Funds Equity Savings Mutual Funds
Equity Savings
Fund Name
Aggressive Hybrid Mutual Funds Aggressive Hybrid Mutual Funds
Aggressive Hybrid
Fund Name

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 ₹12.2 as of 22 February 2024.

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 ₹500

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. Debt - 20.81%
  2. Banks - 9.88%
  3. Finance - 5.43%
  4. Automobiles - 4.05%
  5. Pharmaceuticals & Biotech - 3.87%

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 5.6% 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 0.16 % as of 22 February 2024.

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

The AUM of Mirae Asset Arbitrage Fund – Direct Growth is ₹1,49,503 Cr as of 22 February 2024

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. Asian Paints - 2.32%
  2. Balrampur Chini - 1.66%
  3. Hind.Aeronautics - 1.56%
  4. NTPC - 1.56%
  5. St Bk of India - 1.47%

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