Mirae Asset Arbitrage Fund – Direct Growth

Hybrid · Arbitrage
 · ★★★
₹ 500
Min SIP
₹ 5,000
Min Lumpsum
0.17 %
Expense Ratio
★★★
Rating
1,870
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 17 May 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 8.4% 6.2% - 5.7%
Category Average 8.3% 5.9% 5.1% -

Scheme Allocation

By Holding
By Sector
By Asset
2.17%
2.04%
1.9%
Others
87.61%
View all Holdings
Holdings Sector Instrument Asset
Tech Mahindra IT - Software Equity 3.62%
Kotak Mah. Bank Banks Equity 2.66%
Tata Steel Steel Equity 2.17%
ICICI Bank Banks Equity 2.04%
HDFC Bank Banks Equity 1.9%
Axis Bank Banks Equity 1.67%
Hind. Unilever FMCG Equity 1.45%
Infosys IT - Software Equity 1.39%
Bank of Baroda Banks Equity 1.38%
Biocon Pharmaceuticals Equity 1.35%
Trent Retail Equity 1.24%
Vodafone Idea Telecomm-Service Equity 1.15%
Tata Motors Automobile Equity 1.07%
Shriram Finance Finance Equity 1.06%
ACC Cement Equity 1.01%
Hero Motocorp Automobile Equity 1%
Adani Ports Marine Port & Services Equity 0.98%
Info Edg.(India) E-Commerce/App based Aggregator Equity 0.96%
Samvardh. Mothe. Auto Ancillaries Equity 0.96%
Bandhan Bank Banks Equity 0.94%
Indus Towers Telecomm Equipment & Infra Services Equity 0.94%
Sun Pharma.Inds. Pharmaceuticals Equity 0.94%
Cipla Pharmaceuticals Equity 0.91%
Nestle India FMCG Equity 0.9%
M & M Automobile Equity 0.89%
Ambuja Cements Cement Equity 0.87%
Natl. Aluminium Non Ferrous Metals Equity 0.86%
Reliance Industr Refineries Equity 0.85%
Hindustan Copper Non Ferrous Metals Equity 0.84%
Hindalco Inds. Non Ferrous Metals Equity 0.82%
Shree Cement Cement Equity 0.82%
Colgate-Palmoliv FMCG Equity 0.81%
Persistent Sys IT - Software Equity 0.8%
B H E L Capital Goods - Electrical Equipment Equity 0.79%
Ashok Leyland Automobile Equity 0.79%
Vedanta Mining & Mineral products Equity 0.79%
Tata Comm Telecomm-Service Equity 0.79%
Hind.Aeronautics Aerospace & Defence Equity 0.78%
Container Corpn. Logistics Equity 0.78%
Manappuram Fin. Finance Equity 0.76%
LIC Housing Fin. Finance Equity 0.74%
Adani Enterp. Trading Equity 0.72%
Punjab Natl.Bank Banks Equity 0.68%
TCS IT - Software Equity 0.65%
AU Small Finance Banks Equity 0.64%
Multi Comm. Exc. Financial Services Equity 0.63%
Godrej Propert. Realty Equity 0.63%
Apollo Hospitals Healthcare Equity 0.62%
GAIL (India) Gas Distribution Equity 0.61%
Bharti Airtel Telecomm-Service Equity 0.6%
IndusInd Bank Banks Equity 0.59%
Maruti Suzuki Automobile Equity 0.59%
I D F C Finance Equity 0.59%
Balrampur Chini Sugar Equity 0.59%
Tata Power Co. Power Generation & Distribution Equity 0.58%
Zee Entertainmen Entertainment Equity 0.58%
Asian Paints Paints/Varnish Equity 0.57%
Larsen & Toubro Infrastructure Developers & Operators Equity 0.57%
Navin Fluo.Intl. Chemicals Equity 0.57%
Aditya Birla Cap Finance Equity 0.56%
SBI Life Insuran Insurance Equity 0.55%
Eicher Motors Automobile Equity 0.55%
Exide Inds. Auto Ancillaries Equity 0.55%
RBL Bank Banks Equity 0.54%
Bharat Electron Aerospace & Defence Equity 0.53%
Bajaj Finance Finance Equity 0.53%
Coal India Mining & Mineral products Equity 0.53%
Canara Bank Banks Equity 0.52%
Piramal Enterp. Finance Equity 0.52%
Power Fin.Corpn. Finance Equity 0.51%
Syngene Intl. Pharmaceuticals Equity 0.51%
ICICI Lombard Insurance Equity 0.51%
JSW Steel Steel Equity 0.5%
Federal Bank Banks Equity 0.5%
O N G C Crude Oil & Natural Gas Equity 0.5%
NTPC Power Generation & Distribution Equity 0.49%
I R C T C Railways Equity 0.49%
S A I L Steel Equity 0.48%
Deepak Nitrite Chemicals Equity 0.48%
Pidilite Inds. Chemicals Equity 0.48%
Polycab India Cables Equity 0.48%
I O C L Refineries Equity 0.48%
A B B Capital Goods - Electrical Equipment Equity 0.47%
Bharat Forge Castings, Forgings & Fastners Equity 0.47%
B P C L Refineries Equity 0.46%
TVS Motor Co. Automobile Equity 0.46%
IDFC First Bank Banks Equity 0.45%
Dixon Technolog. Consumer Durables Equity 0.44%
Jindal Steel Steel Equity 0.44%
Glenmark Pharma. Pharmaceuticals Equity 0.43%
Escorts Kubota Automobile Equity 0.43%
Max Financial Finance Equity 0.43%
Aurobindo Pharma Pharmaceuticals Equity 0.43%
Dabur India FMCG Equity 0.42%
United Spirits Alcoholic Beverages Equity 0.41%
Dr Lal Pathlabs Healthcare Equity 0.4%
Indian Hotels Co Hotels & Restaurants Equity 0.4%
DLF Realty Equity 0.39%
NMDC Mining & Mineral products Equity 0.39%
Aarti Industries Chemicals Equity 0.38%
Zydus Lifesci. Pharmaceuticals Equity 0.35%
P I Industries Agro Chemicals Equity 0.34%
Mahanagar Gas Gas Distribution Equity 0.34%
REC Ltd Finance Equity 0.34%
Bajaj Finserv Finance Equity 0.32%
Mphasis IT - Software Equity 0.32%
Divi's Lab. Pharmaceuticals Equity 0.29%
Britannia Inds. FMCG Equity 0.28%
Alkem Lab Pharmaceuticals Equity 0.27%
Dalmia BharatLtd Cement Equity 0.24%
St Bk of India Banks Equity 0.22%
LTIMindtree IT - Software Equity 0.21%
Cholaman.Inv.&Fn Finance Equity 0.2%
L&T Finance Ltd Finance Equity 0.18%
Can Fin Homes Finance Equity 0.18%
HCL Technologies IT - Software Equity 0.18%
Indian Energy Ex Financial Services Equity 0.17%
Atul Chemicals Equity 0.15%
PVR Inox Entertainment Equity 0.09%
M & M Fin. Serv. Finance Equity 0.09%
Birlasoft Ltd IT - Software Equity 0.08%
UltraTech Cem. Cement Equity 0.07%
UPL Agro Chemicals Equity 0.07%
Astral Plastic products Equity 0.06%
Balkrishna Inds Tyres Equity 0.02%
Torrent Pharma. Pharmaceuticals Equity 0.01%
Apollo Tyres Tyres Equity 0%
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
83.06%
T-Bills
8.16%
Reverse Repos
6.73%
Mutual Funds Units
2.99%
Commercial Paper
1.06%

Advance Ratio

-0.58
Alpha
0.2
SD
0.24
Beta
-1.25
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 ₹12.4 as of 17 May 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 0.17 % as of 17 May 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 17 May 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. Tech Mahindra - 3.62%
  2. Kotak Mah. Bank - 2.66%
  3. Tata Steel - 2.17%
  4. ICICI Bank - 2.04%
  5. HDFC Bank - 1.9%

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