Fund Performance
Lumpsum
SIP
4.65
as on 20 Mar 20231 Year
Investment of ₹ 10,000 in this fund 1 Year back would be ₹ 10,464 today.
NAV Performance
Fund Information
-
₹ 11.104
as on 20 Mar 2023 -
Regular - Growth
-
-
-
₹ 5,000
-
₹ 446 Cr.
as on 31 Dec 2021 -
1.09%
-
19 Jun 2020
-
Nifty 50
-
Mirae Mutual Fund
Show All Funds
Highlights of this fund
Mirae Asset Arbitrage Fund is an Open-ended Hybrid Fund. The fund belongs to Arbitrage Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 19 Jun 2020. This fund is offered by one of the top AMC (Assets Management Company) Mirae Mutual Fund. You can also view here all other Hybrid funds offered by Mirae Mutual Fund.
Latest NAV of the fund is ₹ 11.104 as on 20 Mar 2023.
This fund has 2 years of track record. Since 30 Sep 2021 expense ratio of this fund is 1.09%. Ideally you shoulds compare this fund with the benchmark Nifty 50.
Fund 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.
List of Fund Managers of Mirae Asset Arbitrage Fund
-
About Jignesh Rao
-
About Jigar Shethia
-
About Mahendra Jajoo
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Low Risk
Fund Return Comparison
| Fund Name | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 0.45% | 1.74% | 3.21% | 5.60% | 4.69% | 4.31% | 5.05% | 6.26% | 5.99% | 5.18% | 4.73% | 4.72% | 5.46% |
| Category Average | 0.36% | 1.50% | 2.64% | 4.34% | 3.93% | 3.76% | 4.61% | 6.01% | 5.17% | 4.36% | 4.05% | 4.28% | 5.21% |
| Mirae Asset Arbitrage Fund | 0.42%₹ 10,041 | 1.64%₹ 10,163 | 2.85%₹ 10,285 | 4.65%₹ 10,464 | 5.29%₹ 12,339 | 4.17%₹ 10,853 | 4.48%₹ 25,124 | - | - | - | - | - | - |
| Invesco India Arbitrage Fund | 0.36%₹ 10,035 | 1.69%₹ 10,169 | 3.21%₹ 10,320 | 5.60%₹ 10,559 | 5.99%₹ 12,383 | 4.69%₹ 10,960 | 5.18%₹ 25,303 | 4.31%₹ 11,350 | 4.73%₹ 38,680 | 4.94%₹ 12,727 | 4.72%₹ 67,605 | 5.99%₹ 17,895 | 5.35%₹ 1,57,800 |
| Kotak Equity Arbitrage Fund | 0.43%₹ 10,042 | 1.71%₹ 10,171 | 3.04%₹ 10,304 | 5.08%₹ 10,508 | 5.66%₹ 12,362 | 4.57%₹ 10,936 | 4.89%₹ 25,228 | 4.30%₹ 11,345 | 4.58%₹ 38,596 | 5.05%₹ 12,792 | 4.70%₹ 67,560 | 6.26%₹ 18,366 | 5.46%₹ 1,58,712 |
| Edelweiss Arbitrage Fund | 0.42%₹ 10,042 | 1.68%₹ 10,167 | 2.97%₹ 10,296 | 4.90%₹ 10,489 | 5.48%₹ 12,351 | 4.43%₹ 10,907 | 4.74%₹ 25,190 | 4.21%₹ 11,316 | 4.43%₹ 38,510 | 5.00%₹ 12,762 | 4.62%₹ 67,433 | - | - |
| Tata Arbitrage Fund | 0.35%₹ 10,035 | 1.63%₹ 10,162 | 2.88%₹ 10,288 | 4.68%₹ 10,467 | 5.29%₹ 12,339 | 4.22%₹ 10,862 | 4.47%₹ 25,122 | 4.18%₹ 11,308 | 4.26%₹ 38,410 | - | - | - | - |
| ICICI Prudential Equity Arbitrage Fund | 0.40%₹ 10,040 | 1.64%₹ 10,164 | 2.91%₹ 10,291 | 4.81%₹ 10,481 | 5.43%₹ 12,348 | 4.36%₹ 10,891 | 4.64%₹ 25,164 | 4.17%₹ 11,303 | 4.36%₹ 38,466 | 4.90%₹ 12,703 | 4.51%₹ 67,250 | 6.16%₹ 18,182 | 5.31%₹ 1,57,494 |
Portfolio Holdings
Top Sector Holdings of Mirae Asset Arbitrage Fund
| Name of Sector | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Banks | 12.97% | ₹ 56.51 Cr. |
| Gems, jewellery and watches | 5.15% | ₹ 22.42 Cr. |
| TV broadcasting & Software production | 4.80% | ₹ 20.86 Cr. |
| Computers - Software | 4.72% | ₹ 20.59 Cr. |
| Pharmaceuticals | 4.10% | ₹ 17.82 Cr. |
| Others | 68.26% | - |
Top Stock Holdings of Mirae Asset Arbitrage Fund
| Name of Stocks | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Titan Company Ltd. | 5.15% | ₹ 22.42 Cr. |
| ICICI Bank Ltd. | 4.44% | ₹ 19.34 Cr. |
| Adani Ports And Special Economic Zone Ltd. | 3.63% | ₹ 15.79 Cr. |
| Housing Development Finance Corporation Ltd. | 3.49% | ₹ 15.21 Cr. |
| Sun TV Network Ltd. | 3.38% | ₹ 14.70 Cr. |
| Others | 79.91% | - |
Top Debt Instrument Type holdings of Mirae Asset Arbitrage Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| GOI | 14.02% | ₹ 60.99 Cr. |
| T-Bills | 6.72% | ₹ 29.27 Cr. |
| Others | 79.26% | - |
Top Debt Holdings of Mirae Asset Arbitrage Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - Govt of India | 14.02% | ₹ 60.99 Cr. |
| Bond - T-Bill | 6.72% | ₹ 29.27 Cr. |
| Others | 79.26% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| Net Receivables | 76.45% |
| TREPS | 3.15% |