Mirae Asset Arbitrage Fund Regular Growth
Category: Hybrid: Arbitrage
Launch Date: 01-06-2020
AUM:
₹ 3,232.92 Cr
Expense Ratio
0.93%
Benchmark
NIFTY 50 Arbitrage TRI
ISIN
INF769K01FP7
Minimum Investment
5000.0
Minimum Topup
1000.0
Minimum SIP Amount
99
Fund Manager
Jignesh N. Rao, Jigar Shethia, Abhishek Iyer
| Fund Performance | 1Y (%) | 3Y (%) | 5Y (%) |
|---|---|---|---|
| Mirae Asset Arbitrage Fund Regular Growth | 6.45 | 6.77 | 5.45 |
| Nifty 50 Arbitrage Index | 7.61 | 6.87 | 5.32 |
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
13.059
Last change
0 (0.023%)
Fund Size (AUM)
₹ 3,232.92 Cr
Performance
5.38% (Inception)
Asset Allocation
Equity
Debt
Others
Nav Movement
Investment Objective
The scheme seeks 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.
Fund Manager
Jignesh N. Rao, Jigar Shethia, Abhishek Iyer
Riskometer
Low
Top 10 Holdings
| Company | Holdings (%) |
|---|---|
| Mirae Asset Liquid Fund-Direct Plan-Growth | 8.95 |
| TREPS | 4.17 |
| Mirae Asset Money Market Fund-Direct Plan-Growth | 3.65 |
| Net Receivables / (Payables) | 3.2 |
| LARSEN AND TOUBRO LIMITED EQ NEW FV RS.2/- | 2.36 |
| TATA STEEL LIMITED EQ NEW FV RE.1/- | 1.66 |
| PATANJALI FOODS LIMITED EQ NEW FV RS. 2/- | 1.3 |
| BHARTI AIRTEL LIMITED EQ NEW FV RS 5/- | 1.25 |
| PNB HOUSING FINANCE LTD EQ | 1.17 |
| MARUTI SUZUKI INDIA LIMITED EQ | 1.17 |
Sector Allocation
| Sector | Holdings (%) |
|---|---|
| Financial Services | 22.55 |
| Healthcare | 7.02 |
| Metals & Mining | 6.21 |
| Fast Moving Consumer Goods | 6.18 |
| Automobile and Auto Components | 4.53 |
| Information Technology | 3.5 |
| Oil, Gas & Consumable Fuels | 3.49 |
| Consumer Durables | 3.46 |
| Capital Goods | 3.39 |
| Consumer Services | 3.35 |
Peer Comparison
| Scheme Name | 5Y (%) |
|---|---|
| Mirae Asset Arbitrage Reg Gr | 5.45 |
| UTI Arbitrage Reg Gr | 5.64 |
| SBI Arbitrage Opportunities Reg Gr | 5.74 |
| ICICI Pru Equity Arbitrage Gr | 5.62 |
| Kotak Arbitrage Fund Reg Gr | 5.83 |
| ABSL Arbitrage Reg Gr | 5.57 |
| HDFC Arbitrage Wholesale Gr | 5.59 |
| Invesco India Arbitrage Gr | 5.75 |
| Edelweiss Arbitrage Reg Gr | 5.66 |
| Tata Arbitrage Reg Gr | 5.57 |