Mirae Asset Arbitrage Fund Regular Growth
AUM:
₹ 299.82 Cr
Expense Ratio
0.93%
Benchmark
NIFTY 50 Arbitrage TRI
ISIN
INF769K01FP7
Minimum Investment
5000.0
Minimum Topup
1000.0
Minimum SIP Amount
99
Exit Load
Exit Load : 0.25% If Redeemed or Switched Out within 15 days from the date of allotment. Nil after 15 Days.
Asset Class
Mixed Asset
Status
Open Ended Schemes
Fund Manager
Mr. Jignesh Rao (Equity Portion), Mr. Jigar Sethia (Equity Portion), Mr. Amit Modani (Debt Portion)
13.134
0.01 (0.0457%)
Overview
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.
Asset Allocation
Equity
67.57%
Debt
0.33%
Others
32.10%
Indicators
| Volatility | 0.7 |
| Sharp Ratio | 2.07 |
| Alpha | 0.95 |
| Beta | 0.12 |
| Yield to Maturity | 6.63 |
| Average Maturity | 0.02 |
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If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%
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If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%
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| Fund Performance | 1Y (%) | 3Y (%) | 5Y (%) | Since Launch (%) |
|---|---|---|---|---|
| Mirae Asset Arbitrage Fund Regular Growth | 6.49 | 6.88 | 5.51 | 5.39 |
| Nifty 50 Arbitrage Index | 7.61 | 6.87 | 5.32 | 6.22 |
Riskometer
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 |
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 |
Peer Comparison
| Scheme Name | Inception Date | 1Yr Rtn (%) | 3Yrs Rtn (%) | 5Yrs Rtn (%) | 10Yrs Rtn(%) |
|---|---|---|---|---|---|
| Mirae Asset Arbitrage Reg Gr | 01-06-2020 | 6.49 | 6.88 | 5.51 | 0.0 |
| UTI Arbitrage Reg Gr | 22-06-2006 | 6.93 | 7.09 | 5.69 | 5.82 |
| SBI Arbitrage Opportunities Reg Gr | 03-11-2006 | 6.88 | 7.22 | 5.81 | 5.73 |
| ICICI Pru Equity Arbitrage Gr | 30-12-2006 | 6.87 | 7.06 | 5.7 | 5.8 |
| Kotak Arbitrage Fund Reg Gr | 29-09-2005 | 6.87 | 7.24 | 5.87 | 5.94 |
| ITI Arbitrage Reg Gr | 05-09-2019 | 6.82 | 6.41 | 4.74 | 0.0 |
| Invesco India Arbitrage Gr | 30-04-2007 | 6.81 | 7.2 | 5.82 | 5.82 |
| ABSL Arbitrage Reg Gr | 24-07-2009 | 6.78 | 6.99 | 5.61 | 5.74 |
| Tata Arbitrage Reg Gr | 05-12-2018 | 6.78 | 6.97 | 5.62 | 0.0 |
| Edelweiss Arbitrage Reg Gr | 05-06-2014 | 6.77 | 7.06 | 5.7 | 5.88 |