Mirae Asset Arbitrage Fund – Direct Growth

Hybrid · Arbitrage
 · ★★★
₹ 500
Min SIP
₹ 5,000
Min Lumpsum
0.11 %
Expense Ratio
★★★
Rating
1,451
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 18 April 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 8.5% 6.2% - 5.7%
Category Average 8.3% 5.8% 5.1% -

Scheme Allocation

By Holding
By Sector
By Asset
1.46%
1.25%
Others
93.51%
View all Holdings
Holdings Sector Instrument Asset
St Bk of India Banks Equity 1.47%
Bharat Forge Castings, Forgings & Fastners Equity 1.46%
HDFC Bank Banks Equity 1.25%
Zydus Lifesci. Pharmaceuticals Equity 1.22%
Samvardh. Mothe. Auto Ancillaries Equity 1.1%
Tata Comm Telecomm-Service Equity 1.05%
TCS IT - Software Equity 1.03%
Cipla Pharmaceuticals Equity 1.01%
M & M Automobile Equity 0.99%
Adani Enterp. Trading Equity 0.95%
Infosys IT - Software Equity 0.94%
Natl. Aluminium Non Ferrous Metals Equity 0.91%
Hindalco Inds. Non Ferrous Metals Equity 0.91%
Ashok Leyland Automobile Equity 0.9%
HCL Technologies IT - Software Equity 0.89%
ITC Tobacco Products Equity 0.87%
REC Ltd Finance Equity 0.87%
Sun TV Network Entertainment Equity 0.87%
LIC Housing Fin. Finance Equity 0.86%
Hind.Aeronautics Aerospace & Defence Equity 0.85%
Indus Towers Telecomm Equipment & Infra Services Equity 0.85%
Reliance Industr Refineries Equity 0.84%
Multi Comm. Exc. Financial Services Equity 0.82%
Kotak Mah. Bank Banks Equity 0.82%
Hero Motocorp Automobile Equity 0.81%
Larsen & Toubro Infrastructure Developers & Operators Equity 0.76%
Ambuja Cements Cement Equity 0.76%
ICICI Bank Banks Equity 0.74%
SBI Life Insuran Insurance Equity 0.74%
Bank of Baroda Banks Equity 0.73%
Biocon Pharmaceuticals Equity 0.72%
Godrej Propert. Realty Equity 0.71%
Zee Entertainmen Entertainment Equity 0.71%
Balrampur Chini Sugar Equity 0.71%
L&T Technology IT - Software Equity 0.7%
Vedanta Mining & Mineral products Equity 0.7%
GAIL (India) Gas Distribution Equity 0.68%
Interglobe Aviat Air Transport Service Equity 0.68%
Dr Reddy's Labs Pharmaceuticals Equity 0.67%
Cummins India Capital Goods-Non Electrical Equipment Equity 0.64%
ACC Cement Equity 0.63%
UltraTech Cem. Cement Equity 0.63%
Canara Bank Banks Equity 0.63%
Britannia Inds. FMCG Equity 0.62%
TVS Motor Co. Automobile Equity 0.61%
JSW Steel Steel Equity 0.61%
Container Corpn. Logistics Equity 0.61%
Pidilite Inds. Chemicals Equity 0.61%
O N G C Crude Oil & Natural Gas Equity 0.6%
RBL Bank Banks Equity 0.6%
Eicher Motors Automobile Equity 0.6%
A B B Capital Goods - Electrical Equipment Equity 0.59%
Power Fin.Corpn. Finance Equity 0.58%
Cholaman.Inv.&Fn Finance Equity 0.58%
Adani Ports Marine Port & Services Equity 0.58%
Info Edg.(India) E-Commerce/App based Aggregator Equity 0.57%
Trent Retail Equity 0.57%
I R C T C Railways Equity 0.56%
Alkem Lab Pharmaceuticals Equity 0.56%
Tata Motors Automobile Equity 0.56%
NTPC Power Generation & Distribution Equity 0.56%
Max Financial Finance Equity 0.55%
IDFC First Bank Banks Equity 0.55%
Hindustan Copper Non Ferrous Metals Equity 0.53%
Tech Mahindra IT - Software Equity 0.53%
United Spirits Alcoholic Beverages Equity 0.51%
Piramal Enterp. Finance Equity 0.51%
S A I L Steel Equity 0.51%
Dixon Technolog. Consumer Durables Equity 0.51%
Glenmark Pharma. Pharmaceuticals Equity 0.51%
Apollo Hospitals Healthcare Equity 0.5%
Punjab Natl.Bank Banks Equity 0.5%
Bharti Airtel Telecomm-Service Equity 0.5%
Indian Hotels Co Hotels & Restaurants Equity 0.5%
Dr Lal Pathlabs Healthcare Equity 0.5%
Federal Bank Banks Equity 0.49%
Coforge IT - Software Equity 0.48%
I D F C Finance Equity 0.48%
Escorts Kubota Automobile Equity 0.46%
Shriram Finance Finance Equity 0.45%
Coal India Mining & Mineral products Equity 0.45%
M & M Fin. Serv. Finance Equity 0.45%
Exide Inds. Auto Ancillaries Equity 0.45%
Aarti Industries Chemicals Equity 0.44%
Sun Pharma.Inds. Pharmaceuticals Equity 0.44%
IndusInd Bank Banks Equity 0.43%
Bajaj Finserv Finance Equity 0.42%
LTIMindtree IT - Software Equity 0.42%
Manappuram Fin. Finance Equity 0.42%
Dalmia BharatLtd Cement Equity 0.41%
Hind. Unilever FMCG Equity 0.41%
NMDC Mining & Mineral products Equity 0.4%
ICICI Pru Life Insurance Equity 0.4%
B H E L Capital Goods - Electrical Equipment Equity 0.39%
Bandhan Bank Banks Equity 0.37%
Polycab India Cables Equity 0.37%
Tata Power Co. Power Generation & Distribution Equity 0.36%
Mphasis IT - Software Equity 0.36%
Divi's Lab. Pharmaceuticals Equity 0.32%
Dabur India FMCG Equity 0.28%
Astral Plastic products Equity 0.24%
Axis Bank Banks Equity 0.23%
L&T Fin.Holdings Finance Equity 0.22%
Aurobindo Pharma Pharmaceuticals Equity 0.21%
Aditya Birla Cap Finance Equity 0.21%
Indiamart Inter. E-Commerce/App based Aggregator Equity 0.19%
Deepak Nitrite Chemicals Equity 0.19%
Indian Energy Ex Financial Services Equity 0.18%
Apollo Tyres Tyres Equity 0.15%
Siemens Capital Goods - Electrical Equipment Equity 0.14%
ICICI Lombard Insurance Equity 0.11%
Tata Consumer Plantation & Plantation Products Equity 0.11%
Jubilant Food. Quick Service Restaurant Equity 0.11%
PVR Inox Entertainment Equity 0.11%
Bata India Leather Equity 0.1%
UPL Agro Chemicals Equity 0.09%
P I Industries Agro Chemicals Equity 0.04%
Jindal Steel Steel Equity 0.01%
Tata Steel Steel Equity 0.01%
Debt
24.22%
Banks
9.88%
Finance
6.46%
Automobiles
5.66%
Telecom-Services
3.81%
Others
49.98%
View all Sectors
Sectors Asset
Debt 24.22%
Banks 9.88%
Finance 6.46%
Automobiles 5.66%
Telecom-Services 3.81%
Others 3.34%
Pharmaceuticals & Biotech 3.1%
Cement & Cement Products 3%
IT-Software 2.57%
Insurance 2.38%
Consumer Durables 2.28%
Petroleum Products 2.22%
Ferrous Metals 2.2%
Entertainment 2.02%
Agricultural Food & other 1.85%
Capital Markets 1.7%
Chemicals & Petrochemical 1.49%
Non-Ferrous Metals 1.49%
Diversified FMCG 1.49%
Aerospace & Defense 1.41%
Food Products 1.34%
Retailing 1.32%
Leisure Services 1.27%
Transport Services 1.23%
Healthcare Services 1.2%
Metals & Minerals Trading 1.18%
Electrical Equipments 1.09%
Agricultural, Commercial 1.07%
Auto Components 0.96%
Diversified Metals 0.83%
Transport Infrastructure 0.69%
Power 0.67%
Construction 0.67%
Beverages 0.64%
Oil 0.57%
Consumable Fuels 0.55%
Gas 0.54%
IT-Services 0.48%
Industrial Products 0.41%
Personal Products 0.35%
Fertilisers & Agrochemica 0.21%
Cash & Others 0.18%
Equity
67.85%
Reverse Repos
12.04%
T-Bills
7.11%
Net Curr Ass/Net Receivables
7.11%
Mutual Funds Units
3.83%
Others
2.06%
View all Assets
Assets Asset
Equity 67.85%
Reverse Repos 12.04%
T-Bills 7.11%
Net Curr Ass/Net Receivables 7.11%
Mutual Funds Units 3.83%
Commercial Paper 1.03%
Govt Securities / Sovereign 1.03%

Advance Ratio

-0.67
Alpha
0.2
SD
0.23
Beta
-1.38
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:
1,64,467 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 ₹12.3 as of 18 April 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 - 24.22%
  2. Banks - 9.88%
  3. Finance - 6.46%
  4. Automobiles - 5.66%
  5. Telecom-Services - 3.81%

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 5.7% 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 0.11 % as of 18 April 2024.

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

The AUM of Mirae Asset Arbitrage Fund – Direct Growth is ₹1,64,467 Cr as of 18 April 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. St Bk of India - 1.47%
  2. Bharat Forge - 1.46%
  3. HDFC Bank - 1.25%
  4. Zydus Lifesci. - 1.22%
  5. Samvardh. Mothe. - 1.1%

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