Mirae Asset Arbitrage Fund Regular IDCW
Category: Hybrid: Arbitrage
Launch Date: 19-06-2020
AUM:
₹ 3,750.26 Cr
Expense Ratio
0.93%
Benchmark
Nifty 50 Arbitrage Index
ISIN
INF769K01FO0
Minimum Investment
5000.0
Minimum Topup
1000.0
Minimum SIP Amount
99
Fund Manager
Mr. Jignesh Rao, Mr. Jigar Sethia
| Fund Performance | 1Y (%) | 3Y (%) | 5Y (%) |
|---|---|---|---|
| Mirae Asset Arbitrage Fund Regular IDCW | 6.1 | 6.89 | 5.64 |
| Nifty 50 Arbitrage Index | 7.48 | 7.66 | 6.25 |
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
13.37
Last change
0 (0.0075%)
Fund Size (AUM)
₹ 3,750.26 Cr
Performance
5.4% (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
Riskometer
Low
Top 10 Holdings
| Company | Holdings (%) |
|---|---|
| Mirae Asset Liquid Fund-Direct Plan-Growth | 7.52 |
| TREPS | 6.23 |
| Mirae Asset Money Market Fund-Direct Plan-Growth | 4.4 |
| UPL LIMITED EQ NEW FV RS.2/- | 1.8 |
| BHARTI AIRTEL LIMITED EQ NEW FV RS 5/- | 1.34 |
| MARUTI SUZUKI INDIA LIMITED EQ | 1.34 |
| TVS MOTOR COMPANY LIMITED EQ FV RE.1/- | 1.33 |
| ADITYA BIRLA CAPITAL LIMITED EQ | 1.23 |
| LIFE INSURANCE CORPORATION OF INDIA EQ | 1.2 |
| SBI LIFE INSURANCE COMPANY LIMITED EQ | 1.12 |
Sector Allocation
| Sector | Holdings (%) |
|---|---|
| Financial Services | 21.63 |
| Automobile and Auto Components | 9.3 |
| Healthcare | 7.25 |
| Information Technology | 5.69 |
| Capital Goods | 5.55 |
| Metals & Mining | 4.83 |
| Fast Moving Consumer Goods | 3.9 |
| Consumer Durables | 3.73 |
| Oil, Gas & Consumable Fuels | 3.34 |
| Consumer Services | 2.77 |
Peer Comparison
| Scheme Name | 5Y (%) |
|---|---|
| Mirae Asset Arbitrage Reg IDCW | 5.64 |
| WhiteOak Capital Arbitrage Fund Reg Gr | 0.0 |
| UTI Arbitrage Reg Gr | 5.85 |
| SBI Arbitrage Opportunities Reg Gr | 6.0 |
| Invesco India Arbitrage Gr | 5.99 |
| ABSL Arbitrage Reg Gr | 5.79 |
| ICICI Pru Equity Arbitrage Gr | 5.83 |
| Tata Arbitrage Reg Gr | 5.74 |
| ITI Arbitrage Reg Gr | 4.95 |
| Kotak Arbitrage Fund Reg Gr | 6.01 |