Mirae Asset Arbitrage Fund – Direct Growth

Hybrid · Arbitrage
 · ★★★
1,000
Min SIP
5,000
Min Lumpsum
0.2 %
Expense Ratio
★★★
Rating
529
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 08 December 2023 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 8.1% 5.6% - 5.3%
Category Average 8% 5.3% 5% -

Scheme Allocation

By Holding
By Sector
By Asset
ITC
2.31%
DLF
2.08%
1.79%
Others
90.08%
View all Holdings
Holdings Sector Instrument Asset
ITC Tobacco Products Equity 2.31%
DLF Realty Equity 2.08%
St Bk of India Banks Equity 1.89%
Manappuram Fin. Finance Equity 1.85%
I D F C Finance Equity 1.79%
Aurobindo Pharma Pharmaceuticals Equity 1.64%
Indiabulls Hous. Finance Equity 1.63%
Aditya Birla Cap Finance Equity 1.57%
LIC Housing Fin. Finance Equity 1.51%
Multi Comm. Exc. Miscellaneous Equity 1.49%
Coforge IT - Software Equity 1.15%
S A I L Steel Equity 1.15%
IndusInd Bank Banks Equity 1.13%
Vodafone Idea Telecomm-Service Equity 1.11%
O N G C Crude Oil & Natural Gas Equity 1.1%
Zee Entertainmen Entertainment Equity 1.08%
Tata Consumer Plantation & Plantation Products Equity 1.04%
Trent Retail Equity 1.02%
Navin Fluo.Intl. Chemicals Equity 1.01%
ICICI Pru Life Insurance Equity 1%
TCS IT - Software Equity 0.98%
Sun TV Network Entertainment Equity 0.97%
Ambuja Cements Cement Equity 0.91%
PVR Inox Entertainment Equity 0.89%
Tata Motors Automobile Equity 0.89%
Hind.Aeronautics Capital Goods-Non Electrical Equipment Equity 0.88%
SRF Chemicals Equity 0.88%
Bajaj Finserv Finance Equity 0.87%
ICICI Bank Banks Equity 0.86%
Natl. Aluminium Non Ferrous Metals Equity 0.86%
Adani Ports Marine Port & Services Equity 0.85%
A B B Capital Goods - Electrical Equipment Equity 0.85%
Kotak Mah. Bank Banks Equity 0.83%
Indiamart Inter. E-Commerce/App based Aggregator Equity 0.83%
Infosys IT - Software Equity 0.83%
Titan Company Diamond, Gems and Jewellery Equity 0.83%
SBI Life Insuran Insurance Equity 0.83%
Hindalco Inds. Non Ferrous Metals Equity 0.82%
Dalmia BharatLtd Cement Equity 0.82%
Zydus Lifesci. Pharmaceuticals Equity 0.81%
Tata Steel Steel Equity 0.81%
Adani Enterp. Trading Equity 0.8%
Hind. Unilever FMCG Equity 0.8%
Bajaj Auto Automobile Equity 0.79%
GAIL (India) Gas Distribution Equity 0.79%
L&T Technology IT - Software Equity 0.78%
Jindal Steel Steel Equity 0.78%
Bharti Airtel Telecomm-Service Equity 0.78%
Hero Motocorp Automobile Equity 0.78%
Siemens Capital Goods - Electrical Equipment Equity 0.77%
JSW Steel Steel Equity 0.77%
Coal India Mining & Mineral products Equity 0.76%
HCL Technologies IT - Software Equity 0.76%
Larsen & Toubro Infrastructure Developers & Operators Equity 0.76%
Maruti Suzuki Automobile Equity 0.76%
Reliance Industr Refineries Equity 0.76%
Tech Mahindra IT - Software Equity 0.76%
RBL Bank Banks Equity 0.75%
Info Edg.(India) E-Commerce/App based Aggregator Equity 0.75%
HDFC AMC Finance Equity 0.75%
Eicher Motors Automobile Equity 0.75%
Dr Lal Pathlabs Healthcare Equity 0.74%
Dr Reddy's Labs Pharmaceuticals Equity 0.72%
Canara Bank Banks Equity 0.69%
UltraTech Cem. Cement Equity 0.68%
Bandhan Bank Banks Equity 0.66%
Piramal Enterp. Finance Equity 0.64%
ACC Cement Equity 0.61%
ICICI Lombard Insurance Equity 0.6%
Pidilite Inds. Chemicals Equity 0.58%
Dixon Technolog. Consumer Durables Equity 0.58%
Balrampur Chini Sugar Equity 0.58%
Bharat Electron Electronics Equity 0.58%
Indian Hotels Co Hotels & Restaurants Equity 0.54%
Escorts Kubota Automobile Equity 0.53%
Mphasis IT - Software Equity 0.52%
P I Industries Agro Chemicals Equity 0.39%
Bank of Baroda Banks Equity 0.38%
United Breweries Alcoholic Beverages Equity 0.34%
Marico Edible Oil Equity 0.32%
Hindustan Copper Non Ferrous Metals Equity 0.31%
Max Financial Finance Equity 0.24%
Bajaj Finance Finance Equity 0.22%
Delta Corp Miscellaneous Equity 0.21%
Polycab India Cables Equity 0.2%
Biocon Pharmaceuticals Equity 0.18%
Divi's Lab. Pharmaceuticals Equity 0.11%
Cholaman.Inv.&Fn Finance Equity 0.09%
Shriram Finance Finance Equity 0.09%
Metropolis Healt Healthcare Equity 0.07%
Deepak Nitrite Chemicals Equity 0.06%
Tata Comm Telecomm-Service Equity 0.05%
B H E L Capital Goods - Electrical Equipment Equity 0.04%
Federal Bank Banks Equity 0.04%
M & M Automobile Equity 0.02%
HDFC Bank Banks Equity 0.01%
Cash & Others
77.66%
Debt
22.82%
Banks
13.87%
Cement & Cement Products
6.58%
Finance
5.96%
Equity
74.67%
Reverse Repos
10.99%
T-Bills
7.3%
Net Curr Ass/Net Receivables
3.38%
Govt Securities / Sovereign
2.2%
Others
1.46%
View all Assets
Assets Asset
Equity 74.67%
Reverse Repos 10.99%
T-Bills 7.3%
Net Curr Ass/Net Receivables 3.38%
Govt Securities / Sovereign 2.2%
Mutual Funds Units 0.74%
Commercial Paper 0.72%

Advance Ratio

0.01
Alpha
0.07
SD
-0.01
Beta
0.22
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:
1,41,178 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 ₹11.9 as of 08 December 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 - 77.66%
  2. Debt - 22.82%
  3. Banks - 13.87%
  4. Cement & Cement Products - 6.58%
  5. Finance - 5.96%

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 5.3% 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 0.2 % as of 08 December 2023.

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

The AUM of Mirae Asset Arbitrage Fund – Direct Growth is ₹1,41,178 Cr as of 08 December 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. ITC - 2.31%
  2. DLF - 2.08%
  3. St Bk of India - 1.89%
  4. Manappuram Fin. - 1.85%
  5. I D F C - 1.79%

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