Mirae Asset Arbitrage Fund Regular Growth
Category: Hybrid: Arbitrage
Launch Date: 01-06-2020
AUM:
₹ 3,474.23 Cr
Expense Ratio
0.93%
Benchmark
Nifty 50 Arbitrage Index
ISIN
INF769K01FP7
Minimum Investment
5000.0
Minimum Topup
1000.0
Minimum SIP Amount
99
Fund Manager
Mr. Jignesh Rao, Mr. Jigar Sethia, Mr. Krishnpal Yadav
| Fund Performance | 1Y (%) | 3Y (%) | 5Y (%) |
|---|---|---|---|
| Mirae Asset Arbitrage Fund Regular Growth | 5.46 | 6.67 | 5.77 |
| Nifty 50 Arbitrage Index | 6.87 | 7.59 | 6.41 |
If you invested in this fund:
₹
In the past (time duration):
Total value today:
0
Returns:
0%
If you invested in this fund:
₹
In the past (time duration):
Total value today:
0
Returns:
0%
Overview
NAV
13.623
Last change
-0.02 (-0.1248%)
Fund Size (AUM)
₹ 3,474.23 Cr
Performance
5.4% (Inception)
Asset Allocation
Equity
Debt
Others
Nav Movement
Investment 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 Manager
Mr. Jignesh Rao, Mr. Jigar Sethia, Mr. Krishnpal Yadav
Riskometer
Low
Top 10 Holdings
| Company | Holdings (%) |
|---|---|
| Net Receivables / (Payables) | 23.21 |
| TREPS | 9.21 |
| Mirae Asset Liquid Fund-Direct Plan-Growth | 8.85 |
| Mirae Asset Money Market Fund-Direct Plan-Growth | 4.9 |
| Shriram Finance Limited | 1.38 |
| HOUSING AND URBAN DEVELOPMENT CORPORATION LIMITED EQ | 0.99 |
| WAAREE ENERGIES LIMITED EQ | 0.92 |
| MARICO LIMITED NEW EQ RE.1 | 0.92 |
| MARUTI SUZUKI INDIA LIMITED EQ | 0.91 |
| HDFC BANK LIMITED EQ NEW FV RE. 1/- | 0.86 |
Sector Allocation
| Sector | Holdings (%) |
|---|---|
| Financial Services | 14.59 |
| Healthcare | 5.36 |
| Fast Moving Consumer Goods | 4.59 |
| Capital Goods | 4.29 |
| Automobile and Auto Components | 4.03 |
| Metals & Mining | 3.32 |
| Consumer Services | 2.33 |
| Oil, Gas & Consumable Fuels | 2.06 |
| Power | 1.8 |
| Consumer Durables | 1.69 |
Peer Comparison
| Scheme Name | 5Y (%) |
|---|---|
| Mirae Asset Arbitrage Reg Gr | 5.77 |
| quant Arbitrage Fund Gr Reg Plan | 0.0 |
| Motilal Oswal Arbitrage Fund Reg Gr | 0.0 |
| Franklin India Arbitrage Fund Gr | 0.0 |
| WhiteOak Capital Arbitrage Fund Reg Gr | 0.0 |
| SBI Arbitrage Opportunities Reg Gr | 6.15 |
| Invesco India Arbitrage Gr | 6.14 |
| UTI Arbitrage Reg Gr | 5.97 |
| ITI Arbitrage Reg Gr | 5.21 |
| HDFC Arbitrage Retail Gr | 5.78 |
