Mirae Asset Arbitrage Fund Regular Growth
Mirae Asset Arbitrage Fund Regular Growth
Category: Hybrid: Arbitrage
Launch Date: 01-06-2020
AUM:
₹ 3,871.56 Cr
Expense Ratio
3.42%
Benchmark
Nifty 50 Arbitrage TRI
ISIN
INF769K01FP7
Minimum Investment
5000.0
Minimum Topup
1000.0
Minimum SIP Amount
99
Fund Manager
Mr. Jignesh Rao, Mr. Jigar Sethia, Mr. Krishnpal Yadav
| Fund Performance | 1Y (%) | 3Y (%) | 5Y (%) |
|---|---|---|---|
| Mirae Asset Arbitrage Fund Regular Growth | 5.64 | 6.57 | 5.88 |
| Nifty 50 Arbitrage Index | 6.97 | 7.38 | 6.56 |
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
13.892
Last change
-0.02 (-0.144%)
Fund Size (AUM)
₹ 3,871.56 Cr
Performance
5.43% (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, Mr. Jigar Sethia, Mr. Krishnpal Yadav
Riskometer
Low
Top 10 Holdings
| Company | Holdings (%) |
|---|---|
| Net Receivables / (Payables) | 11.05 |
| Mirae Asset Liquid Fund-Direct Plan-Growth | 9.04 |
| TREPS | 4.73 |
| Mirae Asset Money Market Fund-Direct Plan-Growth | 4.64 |
| ICICI BANK LIMITED EQ NEW FV RS. 2/- | 1.49 |
| LARSEN AND TOUBRO LIMITED EQ NEW FV RS.2/- | 1.35 |
| BSE LIMITED EQ NEW FV RS. 2/- | 1.32 |
| BHARTI AIRTEL LIMITED EQ NEW FV RS 5/- | 1.29 |
| REC LIMITED EQ | 1.16 |
| Angel One Limited | 1.04 |
Sector Allocation
| Sector | Holdings (%) |
|---|---|
| Financial Services | 23.02 |
| Automobile and Auto Components | 5.17 |
| Capital Goods | 5.11 |
| Healthcare | 4.58 |
| Consumer Durables | 3.69 |
| Oil, Gas & Consumable Fuels | 3.68 |
| Metals & Mining | 3.65 |
| Realty | 3.21 |
| Fast Moving Consumer Goods | 3.18 |
| Consumer Services | 2.91 |
Peer Comparison
| Scheme Name | 5Y (%) |
|---|---|
| Mirae Asset Arbitrage Reg Gr | 5.88 |
| Quant Arbitrage Fund Gr Reg Plan | 0.0 |
| WhiteOak Capital Arbitrage Fund Reg Gr | 0.0 |
| Franklin India Arbitrage Fund Gr | 0.0 |
| Kotak Arbitrage Fund Reg Gr | 6.24 |
| Invesco India ArbitrageGr | 6.27 |
| ICICI Pru Arbitrage Fund Gr | 6.07 |
| UTI Arbitrage Reg Gr | 6.06 |
| HSBC Arbitrage Fund Reg Gr | 5.86 |
| HDFC Arbitrage Fund Reg Plan Gr | 6.02 |
