Mirae Asset Arbitrage Fund Regular IDCW
Category: Hybrid: Arbitrage
Launch Date: 19-06-2020
AUM:
₹ 2,074.44 Cr
Expense Ratio
1.03%
Benchmark
Nifty 50 Arbitrage Index
ISIN
INF769K01FO0
Minimum Investment
5000.0
Minimum Topup
1000.0
Minimum SIP Amount
1000
Fund Manager
Jignesh N. Rao, Jigar Shethia, Abhishek Iyer
| Fund Performance | 1Y (%) | 3Y (%) | 5Y (%) |
|---|---|---|---|
| Mirae Asset Arbitrage Fund Regular IDCW | 7.91 | 5.62 | - |
| 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
12.183
Last change
0.01 (0.0821%)
Fund Size (AUM)
₹ 2,074.44 Cr
Performance
5.07% (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 N. Rao, Jigar Shethia, Abhishek Iyer
Riskometer
Low
Top 10 Holdings
| Company | Holdings (%) |
|---|---|
| Others | 79.18 |
| Others | 16.23 |
| Mirae Asset Liquid Fund Direct- Growth | 5.61 |
| HDFC Bank Ltd. | 2.73 |
| Hindalco Industries Ltd. | 2.5 |
| Vodafone Idea Ltd. | 2.39 |
| Reliance Industries Ltd. | 1.97 |
| Bajaj Auto Ltd. | 1.49 |
| Vedanta Ltd. | 1.48 |
| Trent Ltd. | 1.16 |
Sector Allocation
| Sector | Holdings (%) |
|---|---|
| Others | 86.36 |
| Financial | 7.7 |
| Unclassified | 5.61 |
| Sovereign | 0.72 |
| Chemicals | 0.02 |
| Insurance | 0.0 |
| Capital Goods | -0.01 |
| Consumer Discretionary | -0.01 |
| Energy | -0.01 |
| Construction | -0.02 |
Peer Comparison
| Scheme Name | 5Y (%) |
|---|---|
| Mirae Asset Arbitrage Reg IDCW | 0.0 |
| Kotak Equity Arbitrage Gr | 5.44 |
| Baroda BNP Paribas Arbitrage Fund Reg Gr | 0.0 |
| Edelweiss Arbitrage Reg Gr | 5.36 |
| UTI Arbitrage Reg Gr | 5.27 |
| Invesco India Arbitrage Gr | 5.42 |
| HDFC Arbitrage Wholesale Gr | 5.1 |
| Union Arbitrage Reg Gr | 5.12 |
| Mirae Asset Arbitrage Reg Gr | 0.0 |
| SBI Arbitrage Opportunities Reg Gr | 5.26 |