Mirae Asset Arbitrage Fund – Direct Growth

Hybrid · Arbitrage
 · ★★★★
₹ 1,000
Min SIP
₹ 5,000
Min Lumpsum
0.29 %
Expense Ratio
★★★★
Rating
336
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 August 2023 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 7.4% 5.2% - 5.1%
Category Average 7% 4.9% 4.9% -

Scheme Allocation

By Holding
By Sector
By Asset
DLF
3.15%
2.07%
Others
87.99%
View all Holdings
Holdings Sector Instrument Asset
DLF Realty Equity 3.15%
Hind. Unilever FMCG Equity 2.71%
Sun Pharma.Inds. Pharmaceuticals Equity 2.09%
Tata Steel Steel Equity 2.07%
Zee Entertainmen Entertainment Equity 1.99%
Maruti Suzuki Automobile Equity 1.98%
Ambuja Cements Cement Equity 1.93%
Infosys IT - Software Equity 1.88%
St Bk of India Banks Equity 1.8%
LTIMindtree IT - Software Equity 1.72%
Tata Comm Telecomm-Service Equity 1.71%
Hind.Aeronautics Capital Goods-Non Electrical Equipment Equity 1.69%
A B B Capital Goods - Electrical Equipment Equity 1.69%
Zydus Lifesci. Pharmaceuticals Equity 1.69%
Bharti Airtel Telecomm-Service Equity 1.68%
Bharat Forge Castings, Forgings & Fastners Equity 1.66%
Indiabulls Hous. Finance Equity 1.65%
Adani Ports Infrastructure Developers & Operators Equity 1.61%
UltraTech Cem. Cement Equity 1.61%
Federal Bank Banks Equity 1.59%
ICICI Bank Banks Equity 1.58%
ACC Cement Equity 1.56%
HDFC AMC Finance Equity 1.56%
Adani Enterp. Trading Equity 1.55%
Reliance Industr Refineries Equity 1.55%
Tech Mahindra IT - Software Equity 1.55%
Tata Consumer Plantation & Plantation Products Equity 1.54%
IndusInd Bank Banks Equity 1.52%
HDFC Life Insur. Insurance Equity 1.5%
Bandhan Bank Banks Equity 1.49%
RBL Bank Banks Equity 1.49%
Axis Bank Banks Equity 1.49%
SBI Life Insuran Insurance Equity 1.48%
HDFC Bank Banks Equity 1.48%
Kotak Mah. Bank Banks Equity 1.48%
Voltas Consumer Durables Equity 1.45%
H P C L Refineries Equity 1.43%
TCS IT - Software Equity 1.42%
M & M Automobile Equity 1.38%
Aurobindo Pharma Pharmaceuticals Equity 1.26%
S A I L Steel Equity 1.26%
Coal India Mining & Mineral products Equity 1.26%
P I Industries Agro Chemicals Equity 1.1%
Trent Retail Equity 0.83%
United Spirits Alcoholic Beverages Equity 0.82%
TVS Motor Co. Automobile Equity 0.77%
UPL Agro Chemicals Equity 0.72%
Indiamart Inter. E-Commerce/App based Aggregator Equity 0.5%
Page Industries Readymade Garments/ Apparells Equity 0.39%
Cummins India Capital Goods-Non Electrical Equipment Equity 0.28%
Petronet LNG Gas Distribution Equity 0.25%
Dixon Technolog. Consumer Durables Equity 0.22%
Eicher Motors Automobile Equity 0.19%
City Union Bank Banks Equity 0.12%
HCL Technologies IT - Software Equity 0.07%
Cash & Others
79.24%
Debt
21.24%
Banks
14.03%
IT-Software
6.65%
Cement & Cement Products
5.1%
Net Curr Ass/Net Receivables
79.24%
Equity
76.45%
T-Bills
10.25%
Reverse Repos
5.13%
Govt Securities / Sovereign
4.41%

Advance Ratio

0.33
Alpha
0.19
SD
0.17
Beta
2.1
Sharpe

Exit Load

Exit Load 0.25%: If units Redeemed or Switched Out within 30 days from the date of allotment. Nil after 30 Days. o

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:
1,24,824 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 ₹11.7 as of 18 August 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 - 79.24%
  2. Debt - 21.24%
  3. Banks - 14.03%
  4. IT-Software - 6.65%
  5. Cement & Cement Products - 5.1%

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 5.1% 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 0.29 % as of 18 August 2023.

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

The AUM of Mirae Asset Arbitrage Fund – Direct Growth is ₹1,24,824 Cr as of 18 August 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. DLF - 3.15%
  2. Hind. Unilever - 2.71%
  3. Sun Pharma.Inds. - 2.09%
  4. Tata Steel - 2.07%
  5. Zee Entertainmen - 1.99%

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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