Mirae Asset Arbitrage Fund Regular IDCW
Category: Hybrid: Arbitrage
Launch Date: 19-06-2020
AUM:
₹ 3,422.28 Cr
Expense Ratio
0.93%
Benchmark
NIFTY 50 Arbitrage TRI
ISIN
INF769K01FO0
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 IDCW | 6.13 | 6.94 | 5.59 |
| 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
13.302
Last change
0 (0.0075%)
Fund Size (AUM)
₹ 3,422.28 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 (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 | 8.03 |
| TREPS | 6.87 |
| Mirae Asset Money Market Fund-Direct Plan-Growth | 4.4 |
| UPL LIMITED EQ NEW FV RS.2/- | 1.95 |
| MARUTI SUZUKI INDIA LIMITED EQ | 1.5 |
| RBL BANK LIMITED EQ | 1.5 |
| INTERGLOBE AVIATION LIMITED EQ NEW FV RS. 10/- | 1.44 |
| STATE BANK OF INDIA EQ NEW RE. 1/- | 1.27 |
| ADITYA BIRLA CAPITAL LIMITED EQ | 1.24 |
| KOTAK MAHINDRA BANK LIMITED EQ NEW F.V RS.5/- | 1.18 |
Sector Allocation
| Sector | Holdings (%) |
|---|---|
| Financial Services | 24.91 |
| Automobile and Auto Components | 7.84 |
| Healthcare | 7.49 |
| Metals & Mining | 6.13 |
| Capital Goods | 4.8 |
| Fast Moving Consumer Goods | 4.71 |
| Information Technology | 3.61 |
| Oil, Gas & Consumable Fuels | 3.53 |
| Chemicals | 3.06 |
| Consumer Durables | 2.81 |
Peer Comparison
| Scheme Name | 5Y (%) |
|---|---|
| Mirae Asset Arbitrage Reg IDCW | 5.59 |
| WhiteOak Capital Arbitrage Fund Reg Gr | 0.0 |
| UTI Arbitrage Reg Gr | 5.78 |
| SBI Arbitrage Opportunities Reg Gr | 5.92 |
| Kotak Arbitrage Fund Reg Gr | 5.95 |
| Invesco India Arbitrage Gr | 5.93 |
| ICICI Pru Equity Arbitrage Gr | 5.77 |
| ABSL Arbitrage Reg Gr | 5.73 |
| ITI Arbitrage Reg Gr | 4.88 |
| Edelweiss Arbitrage Reg Gr | 5.8 |