Mirae Asset Arbitrage Fund Regular Growth
Category: Hybrid: Arbitrage
Launch Date: 05-06-2020
AUM:
₹ 1,870 Cr
Expense Ratio
1.06%
Benchmark
Nifty 50 Arbitrage Index
ISIN
INF769K01FP7
Minimum Investment
5000.0
Minimum Topup
1000.0
Minimum SIP Amount
1000
Fund Manager
Jignesh Rao, Jigar Shethia, Abhishek Iyer
| Fund Performance | 1Y (%) | 3Y (%) | 5Y (%) |
|---|---|---|---|
| Mirae Asset Arbitrage Fund Regular Growth | 7.48 | 5.44 | - |
| Benchmark | - | - | - |
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
12.074
Last change
-0 (-0.0248%)
Fund Size (AUM)
₹ 1,870 Cr
Performance
4.95% (Inception)
Asset Allocation
Equity
Debt
Others
Nav Movement
Investment Objective
The scheme seeks 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.
Fund Manager
Jignesh Rao, Jigar Shethia, Abhishek Iyer
Riskometer
Low
Top 10 Holdings
| Company | Holdings (%) |
|---|---|
| Others | 83.58 |
| Others | 6.73 |
| Tech Mahindra Ltd. | 3.62 |
| Mirae Asset Liquid Fund Direct- Growth | 2.99 |
| Kotak Mahindra Bank Ltd. | 2.66 |
| Tata Steel Ltd. | 2.17 |
| ICICI Bank Ltd. | 2.04 |
| HDFC Bank Ltd. | 1.9 |
| Axis Bank Ltd. | 1.67 |
| Hindustan Unilever Ltd. | 1.45 |
Sector Allocation
| Sector | Holdings (%) |
|---|---|
| Others | 87.52 |
| Financial | 9.1 |
| Unclassified | 2.99 |
| Sovereign | 0.8 |
| N/A | 0.06 |
| Insurance | 0.0 |
| Materials | -0.01 |
| Construction | -0.02 |
| Chemicals | -0.02 |
| Capital Goods | -0.03 |
Peer Comparison
| Scheme Name | 5Y (%) |
|---|---|
| Mirae Asset Arbitrage Reg Gr | 0.0 |
| Kotak Equity Arbitrage Gr | 5.37 |
| SBI Arbitrage Opportunities Reg Gr | 5.2 |
| Edelweiss Arbitrage Reg Gr | 5.31 |
| Baroda BNP Paribas Arbitrage Fund Reg Gr | 0.0 |
| Invesco India Arbitrage Gr | 5.36 |
| UTI Arbitrage Reg Gr | 5.22 |
| Union Arbitrage Reg Gr | 5.06 |
| HDFC Arbitrage Wholesale Gr | 5.06 |
| ICICI Pru Equity Arbitrage Gr | 5.19 |