Mirae Asset Arbitrage Fund – Direct Growth

Hybrid · Arbitrage
 · ★★★
₹ 500
Min SIP
₹ 5,000
Min Lumpsum
0.23 %
Expense Ratio
★★★
Rating
2,406
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 30 August 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 8.4% 6.5% - 5.9%
Category Average 7.6% 6% 5% -

Scheme Allocation

By Holding
By Sector
By Asset
4.04%
ITC
1.47%
Others
88.84%
View all Holdings
Holdings Sector Instrument Asset
HDFC Bank Banks Equity 4.04%
Vodafone Idea Telecomm-Service Equity 2.65%
Maruti Suzuki Automobile Equity 1.54%
ITC Tobacco Products Equity 1.47%
Dixon Technolog. Consumer Durables Equity 1.46%
Asian Paints Paints/Varnish Equity 1.41%
Kotak Mah. Bank Banks Equity 1.33%
Aditya Birla Cap Finance Equity 1.31%
Power Fin.Corpn. Finance Equity 1.31%
M & M Automobile Equity 1.21%
Samvardh. Mothe. Auto Ancillaries Equity 1.19%
S A I L Steel Equity 1.12%
Lupin Pharmaceuticals Equity 1.09%
Biocon Pharmaceuticals Equity 1.08%
Axis Bank Banks Equity 1.06%
ICICI Bank Banks Equity 1.03%
HDFC AMC Finance Equity 0.96%
Adani Ports Marine Port & Services Equity 0.95%
Tata Chemicals Chemicals Equity 0.91%
Coforge IT - Software Equity 0.91%
Interglobe Aviat Air Transport Service Equity 0.91%
St Bk of India Banks Equity 0.91%
Bank of Baroda Banks Equity 0.89%
Bandhan Bank Banks Equity 0.88%
Indus Towers Telecomm Equipment & Infra Services Equity 0.88%
Polycab India Cables Equity 0.87%
TCS IT - Software Equity 0.85%
Aurobindo Pharma Pharmaceuticals Equity 0.85%
Apollo Hospitals Healthcare Equity 0.84%
SRF Chemicals Equity 0.82%
Ashok Leyland Automobile Equity 0.82%
Vedanta Mining & Mineral products Equity 0.8%
Hind.Aeronautics Aerospace & Defence Equity 0.76%
Shriram Finance Finance Equity 0.76%
GMR Airports Inf Infrastructure Developers & Operators Equity 0.73%
ACC Cement Equity 0.71%
JSW Steel Steel Equity 0.71%
Larsen & Toubro Infrastructure Developers & Operators Equity 0.69%
Infosys IT - Software Equity 0.68%
I R C T C Railways Equity 0.68%
Federal Bank Banks Equity 0.68%
Indian Hotels Co Hotels & Restaurants Equity 0.67%
Multi Comm. Exc. Financial Services Equity 0.66%
LIC Housing Fin. Finance Equity 0.65%
A B B Capital Goods - Electrical Equipment Equity 0.64%
DLF Realty Equity 0.63%
Tata Steel Steel Equity 0.62%
Colgate-Palmoliv FMCG Equity 0.61%
Indraprastha Gas Gas Distribution Equity 0.6%
Manappuram Fin. Finance Equity 0.6%
Natl. Aluminium Non Ferrous Metals Equity 0.59%
Bharti Airtel Telecomm-Service Equity 0.59%
I D F C Finance Equity 0.58%
Adani Enterp. Trading Equity 0.58%
TVS Motor Co. Automobile Equity 0.57%
Grasim Inds Textiles Equity 0.55%
Hind. Unilever FMCG Equity 0.54%
NMDC Mining & Mineral products Equity 0.54%
Jindal Steel Steel Equity 0.54%
Zydus Lifesci. Pharmaceuticals Equity 0.54%
PVR Inox Entertainment Equity 0.53%
Persistent Sys IT - Software Equity 0.53%
SBI Life Insuran Insurance Equity 0.52%
Bajaj Finserv Finance Equity 0.51%
Britannia Inds. FMCG Equity 0.51%
Muthoot Finance Finance Equity 0.51%
Tech Mahindra IT - Software Equity 0.5%
Bharat Electron Aerospace & Defence Equity 0.5%
Crompton Gr. Con Consumer Durables Equity 0.48%
Titan Company Diamond, Gems and Jewellery Equity 0.48%
Trent Retail Equity 0.47%
Canara Bank Banks Equity 0.47%
Sun TV Network Entertainment Equity 0.47%
ICICI Lombard Insurance Equity 0.46%
RBL Bank Banks Equity 0.46%
Dalmia BharatLtd Cement Equity 0.46%
O N G C Crude Oil & Natural Gas Equity 0.46%
Cipla Pharmaceuticals Equity 0.45%
Bharat Forge Castings, Forgings & Fastners Equity 0.45%
Hero Motocorp Automobile Equity 0.44%
Wipro IT - Software Equity 0.44%
Mphasis IT - Software Equity 0.44%
HDFC Life Insur. Insurance Equity 0.44%
Oberoi Realty Realty Equity 0.43%
I O C L Refineries Equity 0.43%
Escorts Kubota Automobile Equity 0.42%
G N F C Chemicals Equity 0.42%
Info Edg.(India) E-Commerce/App based Aggregator Equity 0.42%
B H E L Capital Goods - Electrical Equipment Equity 0.4%
NTPC Power Generation & Distribution Equity 0.4%
Nestle India FMCG Equity 0.39%
Siemens Capital Goods - Electrical Equipment Equity 0.39%
United Spirits Alcoholic Beverages Equity 0.38%
Hindustan Copper Non Ferrous Metals Equity 0.38%
Shree Cement Cement Equity 0.37%
IndusInd Bank Banks Equity 0.37%
Cholaman.Inv.&Fn Finance Equity 0.37%
ICICI Pru Life Insurance Equity 0.36%
Cummins India Capital Goods-Non Electrical Equipment Equity 0.36%
Godrej Propert. Realty Equity 0.34%
Reliance Industr Refineries Equity 0.33%
Tata Comm Telecomm-Service Equity 0.33%
Piramal Enterp. Finance Equity 0.31%
Voltas Consumer Durables Equity 0.28%
Havells India Consumer Durables Equity 0.27%
Aarti Industries Chemicals Equity 0.26%
Bajaj Finance Finance Equity 0.24%
Dr Reddy's Labs Pharmaceuticals Equity 0.23%
Punjab Natl.Bank Banks Equity 0.22%
P I Industries Agro Chemicals Equity 0.21%
Atul Chemicals Equity 0.2%
Bajaj Auto Automobile Equity 0.18%
Laurus Labs Pharmaceuticals Equity 0.18%
Exide Inds. Auto Ancillaries Equity 0.17%
Glenmark Pharma. Pharmaceuticals Equity 0.17%
B P C L Refineries Equity 0.16%
Indian Energy Ex Financial Services Equity 0.16%
Metropolis Healt Healthcare Equity 0.16%
UPL Agro Chemicals Equity 0.13%
H P C L Refineries Equity 0.13%
Balkrishna Inds Tyres Equity 0.12%
Alkem Lab Pharmaceuticals Equity 0.1%
Tata Power Co. Power Generation & Distribution Equity 0.09%
Hindalco Inds. Non Ferrous Metals Equity 0.09%
Max Financial Finance Equity 0.06%
Birlasoft Ltd IT - Software Equity 0.06%
Indiamart Inter. E-Commerce/App based Aggregator Equity 0.03%
Ambuja Cements Cement Equity 0.02%
L&T Finance Ltd Finance Equity 0.02%
LTIMindtree IT - Software Equity 0.01%
Balrampur Chini Sugar Equity 0.01%
HCL Technologies IT - Software Equity 0.01%
Abbott India Pharmaceuticals Equity 0.01%
Marico Edible Oil Equity 0%
Debt
12.66%
Banks
12.34%
Finance
7.16%
Others
6.99%
Pharmaceuticals & Biotech
4.69%
Others
56.17%
View all Sectors
Sectors Asset
Debt 12.66%
Banks 12.34%
Finance 7.16%
Others 6.99%
Pharmaceuticals & Biotech 4.69%
Telecom-Services 4.44%
IT-Software 4.44%
Consumer Durables 4.37%
Automobiles 3.94%
Ferrous Metals 2.98%
Chemicals & Petrochemical 2.62%
Cement & Cement Products 2.12%
Diversified FMCG 2.01%
Auto Components 1.93%
Insurance 1.84%
Capital Markets 1.78%
Cash & Others 1.77%
Transport Infrastructure 1.68%
Electrical Equipments 1.42%
Realty 1.41%
Leisure Services 1.35%
Aerospace & Defense 1.26%
Agricultural, Commercial 1.24%
Industrial Products 1.23%
Non-Ferrous Metals 1.06%
Petroleum Products 1.05%
Entertainment 1%
Healthcare Services 0.99%
Retailing 0.92%
Transport Services 0.91%
Food Products 0.9%
Diversified Metals 0.8%
Construction 0.69%
Personal Products 0.61%
Gas 0.6%
Metals & Minerals Trading 0.58%
Minerals & Mining 0.54%
Power 0.49%
Oil 0.46%
Beverages 0.38%
Fertilisers & Agrochemica 0.34%
Agricultural Food & other 0.01%
Equity
78.59%
Mutual Funds Units
6.99%
T-Bills
6.59%
Reverse Repos
3.39%
Commercial Paper
2.05%
Others
2.39%
View all Assets
Assets Asset
Equity 78.59%
Mutual Funds Units 6.99%
T-Bills 6.59%
Reverse Repos 3.39%
Commercial Paper 2.05%
Net Curr Ass/Net Receivables 1.77%
Govt Securities / Sovereign 0.62%

Advance Ratio

-0.29
Alpha
0.21
SD
0.25
Beta
-0.7
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:
1,74,622 Cr
Address:
Unit 606,6th Flr,Windsor Off. CST Road,Kalina, Santacruz(E),Mumbai-400098
Contact:
022-67800300
Email ID:
customercare@miraeasset.com

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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 ₹12.7 as of 30 August 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 - 12.66%
  2. Banks - 12.34%
  3. Finance - 7.16%
  4. Others - 6.99%
  5. Pharmaceuticals & Biotech - 4.69%

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 5.9% 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 0.23 % as of 30 August 2024.

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

The AUM of Mirae Asset Arbitrage Fund – Direct Growth is ₹1,74,622 Cr as of 30 August 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. HDFC Bank - 4.04%
  2. Vodafone Idea - 2.65%
  3. Maruti Suzuki - 1.54%
  4. ITC - 1.47%
  5. Dixon Technolog. - 1.46%

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.
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