Mirae Asset Arbitrage Fund Regular Growth
Category: Hybrid: Arbitrage
Launch Date: 01-06-2020
AUM:
₹ 3,358.05 Cr
Expense Ratio
0.93%
Benchmark
NIFTY 50 Arbitrage TRI
ISIN
INF769K01FP7
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 Growth | 6.59 | 6.76 | 5.42 |
| 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
13.035
Last change
-0.01 (-0.0384%)
Fund Size (AUM)
₹ 3,358.05 Cr
Performance
5.38% (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 (%) |
|---|---|
| TREPS | 11.38 |
| Mirae Asset Liquid Fund-Direct Plan-Growth | 8.56 |
| Mirae Asset Money Market Fund-Direct Plan-Growth | 3.33 |
| ICICI BANK LIMITED EQ NEW FV RS. 2/- | 2.5 |
| HDFC BANK LIMITED EQ NEW FV RE. 1/- | 1.68 |
| BRITANNIA INDUSTRIES LIMITED EQ NEW FV RS 1 | 1.62 |
| TECH MAHINDRA LIMITED EQ NEW FV RS. 5/- | 1.44 |
| RBL BANK LIMITED EQ | 1.1 |
| BHARAT ELECTRONICS LIMITED EQ NEW FV Re 1/- | 1.04 |
| TRENT LIMITED EQ NEW FV Re. 1/- | 1.03 |
Sector Allocation
| Sector | Holdings (%) |
|---|---|
| Financial Services | 25.12 |
| Information Technology | 5.56 |
| Metals & Mining | 5.4 |
| Fast Moving Consumer Goods | 5.06 |
| Automobile and Auto Components | 5.06 |
| Healthcare | 5.0 |
| Oil, Gas & Consumable Fuels | 4.61 |
| Consumer Services | 3.78 |
| Capital Goods | 3.07 |
| Power | 2.82 |
Peer Comparison
| Scheme Name | 5Y (%) |
|---|---|
| Mirae Asset Arbitrage Reg Gr | 5.42 |
| UTI Arbitrage Reg Gr | 5.6 |
| ICICI Pru Equity Arbitrage Gr | 5.59 |
| Kotak Arbitrage Fund Reg Gr | 5.79 |
| SBI Arbitrage Opportunities Reg Gr | 5.71 |
| ABSL Arbitrage Reg Gr | 5.54 |
| Edelweiss Arbitrage Reg Gr | 5.62 |
| Invesco India Arbitrage Gr | 5.72 |
| HDFC Arbitrage Wholesale Gr | 5.55 |
| Bandhan Arbitrage Reg Gr | 5.48 |