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Mirae Asset Arbitrage Fund

Growth
HybridArbitrage Fund
Mid-size FundAssets Under Mgmt: ₹ 3,061 Cr
Low RiskPrinciple investment will be at low risk
13.020.07% (+0.01)

Price Chart

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Returns
0.00%
1M
6M
1Y
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5Y
Max
SIP
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1M
6M
1Y
3Y
5Y
Max
SIP

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HybridArbitrage Fund
Mid-size FundAssets Under Mgmt: ₹ 3,061 Cr
Low RiskPrinciple investment will be at low risk

Key Metrics

Expense RatioExpense RatioNo LabelNo LabelNo LabelNo Label
0.1543.653.96
No LabelNo LabelNo LabelNo LabelNo LabelNo Label
0.6832.733.41

Scheme Info

PlanPlanLock inLock inExit LoadExit Load
Growth0 yrs0.25%
0.25% on or before 15D Nil after 15D
SIP Inv.SIP Inv.Min. LumpsumMin. Lumpsum
Allowed₹ 5,000
Initial: ₹ 5,000 Incremental: ₹ 1,000
BenchmarkBenchmark
Nifty 50 Arbitrage

About Arbitrage Fund

Arbirtage funds are the hybrid funds as they have sizeable exposure to debt markets. These fund leverages the price differential in the cash and cash derivatives markets to generate returns.

Peers & Comparison

Comparing 3 mutual funds from 
HybridArbitrage Fund
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Mutual Fund1Y Returns1Y Returns3Y CAGR3Y CAGRLife CAGRLife CAGR
Mirae Asset Arbitrage Fund8.37%6.96%6.01%
Kotak Equity Arbitrage Fund8.55%7.17%7.10%
SBI Arbitrage Opportunities Fund8.18%7.02%6.83%
ICICI Pru Equity-Arbitrage Fund8.30%6.89%7.04%

Price Comparison

Compare Mirae Asset Arbitrage Fund with any MF, ETF, stock or index
Compare Mirae Asset Arbitrage Fund with any MF, ETF, stock or index
Mirae Asset Arbitrage Fund
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Asset Allocation

Actual

Target

Mar 2024

Jun 2024

Sep 2024

Nov 2024

ACTUAL
Treasury BillsMutual FundsCash & EquivalentsEquity3.56%8.59%11.66%76.19%

Mar 2024

Jun 2024

Sep 2024

Nov 2024

Tickertape Separator

Sector Distribution

+50 morePackaged Foods & MeatsPharmaceuticalsIT Services & ConsultingPrivate BanksMiscellaneous60.12 %4.31 %4.59 %6.15 %7.56 %17.26 %

Mar 2024

Jun 2024

Sep 2024

Nov 2024

Tickertape Separator

Sector Weightage

Sep 23Dec 23Mar 24Jun 24Sep 24Nov 246.46%15.71%12.04%16.06%4.46%17.26%
Miscellaneous as a % of total holdings for last six quarters
Tickertape Separator

Current Holdings

Equity

Debt

Others

  • Constituent
    Holding Weight
    3M Change
  • Nestle India Ltd
    NESTLEIND
    3M change : 2.31 %

    Holdings

    2.68 %

    2.31 %
  • Axis Bank Ltd
    AXISBANK
    3M change : 0.98 %

    Holdings

    1.98 %

    0.98 %
  • ICICI Bank Ltd
    ICICIBANK
    3M change : 1.12 %

    Holdings

    1.89 %

    1.12 %

AMC Profile

Mirae Asset Financial Group is one of the key players in the Asian financial market. Its asset management wing, the Mirae Asset Global Investments, commenced operation in 1997 and has expanded its business globally in a relatively short span of time.

  • No.of Schemes

    44

  • Total AUM

    ₹ 1,84,114.99 Cr.

Fund Manager Profile

Jignesh Rao

AUM:  ₹3,061.15 Cr.

Sum of AUMs of all funds managed by the fund manager

 | 

Exp: 10yrs

Jigar Shethia

AUM:  ₹3,061.15 Cr.

Sum of AUMs of all funds managed by the fund manager

 | 

Exp: 14yrs

Abhishek Iyer

AUM:  ₹17,587.18 Cr.

Sum of AUMs of all funds managed by the fund manager

 | 

Exp:

Manager Performance (0)

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Tax Implications

Invested period < 1 year

Gains are treated as short-term capital gains and taxed at 20%

Invested period > 1 year

Gains are treated as long-term capital gains and taxed at 12.5%

Let’s calculate your returns after tax

Investment frequency

Monthly

One Time

Monthly Investment Amt. (₹)

Investment period (years)

CAGR (%)
This CAGR is calculated based on the actual past return given by the fund during the selected investment period. This is the annualised growth rate assuming monthly compounding.

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