Mirae Asset Arbitrage Fund Regular Growth
Category: Hybrid: Arbitrage
Launch Date: 01-06-2020
AUM:
₹ 3,095.84 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
Mr. Jignesh Rao (Equity Portion), Mr. Jigar Sethia (Equity Portion), Mr. Amit Modani (Debt Portion)
| Fund Performance | 1Y (%) | 3Y (%) | 5Y (%) |
|---|---|---|---|
| Mirae Asset Arbitrage Fund Regular Growth | 6.33 | 6.87 | 5.55 |
| 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
13.232
Last change
0.01 (0.0907%)
Fund Size (AUM)
₹ 3,095.84 Cr
Performance
5.39% (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 (Equity Portion), Mr. Jigar Sethia (Equity Portion), Mr. Amit Modani (Debt Portion)
Riskometer
Low
Top 10 Holdings
| Company | Holdings (%) |
|---|---|
| Mirae Asset Liquid Fund-Direct Plan-Growth | 8.83 |
| Net Receivables / (Payables) | 6.31 |
| TREPS | 4.8 |
| Mirae Asset Money Market Fund-Direct Plan-Growth | 4.19 |
| KALYAN JEWELLERS INDIA LIMITED EQ | 1.63 |
| RBL BANK LIMITED EQ | 1.43 |
| INDIABULLS HOUSING FINANCE LIMITED EQ NEW FV RS.2/- | 1.23 |
| TECH MAHINDRA LIMITED EQ NEW FV RS. 5/- | 1.19 |
| UPL LIMITED EQ NEW FV RS.2/- | 1.16 |
| OIL AND NATURAL GAS CORPORATION LIMITED EQ NEW F.V RS.5/- | 1.14 |
Sector Allocation
| Sector | Holdings (%) |
|---|---|
| Financial Services | 23.61 |
| Healthcare | 7.13 |
| Automobile and Auto Components | 5.54 |
| Metals & Mining | 5.41 |
| Capital Goods | 4.58 |
| Fast Moving Consumer Goods | 4.56 |
| Consumer Durables | 3.83 |
| Information Technology | 3.62 |
| Power | 2.94 |
| Oil, Gas & Consumable Fuels | 2.92 |
Peer Comparison
| Scheme Name | 5Y (%) |
|---|---|
| Mirae Asset Arbitrage Reg Gr | 5.55 |
| UTI Arbitrage Reg Gr | 5.74 |
| SBI Arbitrage Opportunities Reg Gr | 5.88 |
| WhiteOak Capital Arbitrage Fund Reg Gr | 0.0 |
| Kotak Arbitrage Fund Reg Gr | 5.92 |
| ICICI Pru Equity Arbitrage Gr | 5.74 |
| ABSL Arbitrage Reg Gr | 5.68 |
| Invesco India Arbitrage Gr | 5.87 |
| ITI Arbitrage Reg Gr | 4.81 |
| Edelweiss Arbitrage Reg Gr | 5.76 |