Mirae Asset Arbitrage Fund – Direct Growth

Hybrid · Arbitrage
 · ★★★
₹ 500
Min SIP
₹ 5,000
Min Lumpsum
0.16 %
Expense Ratio
★★★
Rating
1,202
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 March 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 8.3% 6.1% - 5.6%
Category Average 8.2% 5.7% 5.1% -

Scheme Allocation

By Holding
By Sector
By Asset
1.66%
1.41%
Others
91.96%
View all Holdings
Holdings Sector Instrument Asset
Maruti Suzuki Automobile Equity 2%
Tata Comm Telecomm-Service Equity 1.66%
Reliance Industr Refineries Equity 1.59%
HDFC Bank Banks Equity 1.41%
SBI Life Insuran Insurance Equity 1.38%
Britannia Inds. FMCG Equity 1.19%
Adani Enterp. Trading Equity 1.18%
Vodafone Idea Telecomm-Service Equity 1.16%
Natl. Aluminium Non Ferrous Metals Equity 1.13%
Multi Comm. Exc. Miscellaneous Equity 1.11%
ICICI Bank Banks Equity 1.11%
TVS Motor Co. Automobile Equity 1.01%
UltraTech Cem. Cement Equity 1%
St Bk of India Banks Equity 1%
Zee Entertainmen Entertainment Equity 0.99%
Ambuja Cements Cement Equity 0.98%
Marico Edible Oil Equity 0.97%
Bank of Baroda Banks Equity 0.97%
Pidilite Inds. Chemicals Equity 0.97%
ITC Tobacco Products Equity 0.96%
Balkrishna Inds Tyres Equity 0.96%
Hind.Aeronautics Aerospace & Defence Equity 0.95%
Balrampur Chini Sugar Equity 0.88%
I D F C Finance Equity 0.87%
Vedanta Mining & Mineral products Equity 0.83%
Axis Bank Banks Equity 0.83%
Bandhan Bank Banks Equity 0.82%
Indus Towers Telecomm Equipment & Infra Services Equity 0.81%
Container Corpn. Logistics Equity 0.81%
RBL Bank Banks Equity 0.79%
LIC Housing Fin. Finance Equity 0.78%
Kotak Mah. Bank Banks Equity 0.76%
Aurobindo Pharma Pharmaceuticals Equity 0.75%
Titan Company Diamond, Gems and Jewellery Equity 0.75%
Sun TV Network Entertainment Equity 0.73%
Hero Motocorp Automobile Equity 0.73%
Cholaman.Inv.&Fn Finance Equity 0.72%
A B B Capital Goods - Electrical Equipment Equity 0.72%
Power Fin.Corpn. Finance Equity 0.72%
Biocon Pharmaceuticals Equity 0.7%
Coforge IT - Software Equity 0.69%
Adani Ports Marine Port & Services Equity 0.69%
Eicher Motors Automobile Equity 0.68%
Shriram Finance Finance Equity 0.68%
I R C T C Railways Equity 0.67%
Trent Retail Equity 0.67%
NTPC Power Generation & Distribution Equity 0.67%
Larsen & Toubro Infrastructure Developers & Operators Equity 0.67%
Piramal Enterp. Finance Equity 0.67%
Tech Mahindra IT - Software Equity 0.65%
Info Edg.(India) E-Commerce/App based Aggregator Equity 0.65%
TCS IT - Software Equity 0.64%
Max Financial Finance Equity 0.64%
United Spirits Alcoholic Beverages Equity 0.64%
B P C L Refineries Equity 0.63%
Tata Steel Steel Equity 0.63%
Tata Motors Automobile Equity 0.63%
Dr Lal Pathlabs Healthcare Equity 0.62%
M & M Automobile Equity 0.6%
Indian Hotels Co Hotels & Restaurants Equity 0.6%
Zydus Lifesci. Pharmaceuticals Equity 0.59%
HDFC AMC Finance Equity 0.59%
Federal Bank Banks Equity 0.59%
Canara Bank Banks Equity 0.58%
Asian Paints Paints/Varnish Equity 0.58%
Metropolis Healt Healthcare Equity 0.58%
O N G C Crude Oil & Natural Gas Equity 0.57%
Jindal Steel Steel Equity 0.56%
S A I L Steel Equity 0.56%
Escorts Kubota Automobile Equity 0.56%
Voltas Consumer Durables Equity 0.55%
Coal India Mining & Mineral products Equity 0.55%
GAIL (India) Gas Distribution Equity 0.54%
AU Small Finance Banks Equity 0.54%
Bajaj Finance Finance Equity 0.53%
Aarti Industries Chemicals Equity 0.52%
Hind. Unilever FMCG Equity 0.52%
Ashok Leyland Automobile Equity 0.52%
Dalmia BharatLtd Cement Equity 0.51%
Manappuram Fin. Finance Equity 0.5%
ACC Cement Equity 0.5%
Bajaj Finserv Finance Equity 0.5%
IndusInd Bank Banks Equity 0.49%
L&T Technology IT - Software Equity 0.48%
Glenmark Pharma. Pharmaceuticals Equity 0.47%
Bharat Electron Aerospace & Defence Equity 0.46%
JSW Steel Steel Equity 0.45%
Interglobe Aviat Air Transport Service Equity 0.42%
Polycab India Cables Equity 0.41%
Dixon Technolog. Consumer Durables Equity 0.39%
Divi's Lab. Pharmaceuticals Equity 0.39%
Siemens Capital Goods - Electrical Equipment Equity 0.37%
Dabur India FMCG Equity 0.35%
Aditya Birla Cap Finance Equity 0.34%
Infosys IT - Software Equity 0.33%
ICICI Pru Life Insurance Equity 0.32%
PVR Inox Entertainment Equity 0.3%
P I Industries Agro Chemicals Equity 0.21%
Hindalco Inds. Non Ferrous Metals Equity 0.21%
Sun Pharma.Inds. Pharmaceuticals Equity 0.18%
Bharti Airtel Telecomm-Service Equity 0.18%
Hindustan Copper Non Ferrous Metals Equity 0.15%
L&T Fin.Holdings Finance Equity 0.15%
Nestle India FMCG Equity 0.15%
HCL Technologies IT - Software Equity 0.14%
Persistent Sys IT - Software Equity 0.12%
ICICI Lombard Insurance Equity 0.04%
Bajaj Auto Automobile 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
72.26%
Reverse Repos
11.88%
T-Bills
7.8%
Mutual Funds Units
3.34%
Commercial Paper
2.06%
Others
2.66%
View all Assets
Assets Asset
Equity 72.26%
Reverse Repos 11.88%
T-Bills 7.8%
Mutual Funds Units 3.34%
Commercial Paper 2.06%
Certificate of Deposit 1.24%
Govt Securities / Sovereign 1.24%
Net Curr Ass/Net Receivables 0.18%

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

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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 ₹12.2 as of 18 March 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 5.6% 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 18 March 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 18 March 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. Maruti Suzuki - 2%
  2. Tata Comm - 1.66%
  3. Reliance Industr - 1.59%
  4. HDFC Bank - 1.41%
  5. SBI Life Insuran - 1.38%

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