Mirae Asset Arbitrage Fund Regular IDCW
Category: Hybrid: Arbitrage
Launch Date: 19-06-2020
AUM:
₹ 2,998.23 Cr
Expense Ratio
0.93%
Benchmark
NIFTY 50 Arbitrage TRI
ISIN
INF769K01FO0
Minimum Investment
5000.0
Minimum Topup
1000.0
Minimum SIP Amount
99
Fund Manager
Jignesh N. Rao, Jigar Shethia, Abhishek Iyer
| Fund Performance | 1Y (%) | 3Y (%) | 5Y (%) |
|---|---|---|---|
| Mirae Asset Arbitrage Fund Regular IDCW | 6.44 | 6.85 | 5.48 |
| Nifty 50 Arbitrage Index | 7.61 | 6.87 | 5.32 |
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
13.111
Last change
0.01 (0.1144%)
Fund Size (AUM)
₹ 2,998.23 Cr
Performance
5.39% (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 (%) |
|---|---|
| Net Receivables / (Payables) | 11.36 |
| Mirae Asset Liquid Fund-Direct Plan-Growth | 9.7 |
| TREPS | 6.72 |
| Mirae Asset Money Market Fund-Direct Plan-Growth | 4.29 |
| MUTHOOT FINANCE LIMITED EQ | 1.8 |
| STATE BANK OF INDIA EQ NEW RE. 1/- | 1.19 |
| FORTIS HEALTHCARE LIMITED. EQ | 1.13 |
| RELIANCE STRATEGIC INVESTMENTS LIMITED EQ | 1.11 |
| 360 ONE WAM LIMITED EQ NEW FV RE. 1/- | 1.06 |
| PRESTIGE ESTATES PROJECTS LIMITED EQ | 1.05 |
Sector Allocation
| Sector | Holdings (%) |
|---|---|
| Financial Services | 20.67 |
| Healthcare | 7.73 |
| Metals & Mining | 5.73 |
| Automobile and Auto Components | 5.56 |
| Fast Moving Consumer Goods | 3.63 |
| Capital Goods | 3.35 |
| Consumer Durables | 3.33 |
| Oil, Gas & Consumable Fuels | 3.28 |
| Information Technology | 2.49 |
| Telecommunication | 2.17 |
Peer Comparison
| Scheme Name | 5Y (%) |
|---|---|
| Mirae Asset Arbitrage Reg IDCW | 5.48 |
| UTI Arbitrage Reg Gr | 5.67 |
| SBI Arbitrage Opportunities Reg Gr | 5.8 |
| ICICI Pru Equity Arbitrage Gr | 5.67 |
| Kotak Arbitrage Fund Reg Gr | 5.85 |
| Tata Arbitrage Reg Gr | 5.61 |
| Invesco India Arbitrage Gr | 5.8 |
| ABSL Arbitrage Reg Gr | 5.6 |
| Edelweiss Arbitrage Reg Gr | 5.69 |
| HDFC Arbitrage Wholesale Gr | 5.62 |