Mirae Asset Arbitrage Fund Regular IDCW
Category: Hybrid: Arbitrage
Launch Date: 19-06-2020
AUM:
₹ 3,460.75 Cr
Expense Ratio
4.12%
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, Mr. Krishnpal Yadav
| Fund Performance | 1Y (%) | 3Y (%) | 5Y (%) |
|---|---|---|---|
| Mirae Asset Arbitrage Fund Regular IDCW | 5.59 | 6.68 | 5.79 |
| Nifty 50 Arbitrage Index | 6.86 | 7.53 | 6.4 |
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
13.688
Last change
0.01 (0.0658%)
Fund Size (AUM)
₹ 3,460.75 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, Mr. Krishnpal Yadav
Riskometer
Low
Top 10 Holdings
| Company | Holdings (%) |
|---|---|
| Mirae Asset Liquid Fund-Direct Plan-Growth | 8.94 |
| TREPS | 5.57 |
| Mirae Asset Money Market Fund-Direct Plan-Growth | 4.95 |
| MARUTI SUZUKI INDIA LIMITED EQ | 1.92 |
| BSE LIMITED EQ NEW FV RS. 2/- | 1.34 |
| SUN PHARMACEUTICAL INDUSTRIES LTD. EQ NEW F.V. RE.1/- | 1.29 |
| SBI LIFE INSURANCE COMPANY LIMITED EQ | 1.11 |
| Shriram Finance Limited | 1.08 |
| INTERGLOBE AVIATION LIMITED EQ NEW FV RS. 10/- | 0.98 |
| PIDILITE INDUSTRIES LIMITED EQ NEW FV RE.1/- | 0.97 |
Sector Allocation
| Sector | Holdings (%) |
|---|---|
| Financial Services | 22.36 |
| Automobile and Auto Components | 7.89 |
| Capital Goods | 7.32 |
| Fast Moving Consumer Goods | 5.97 |
| Healthcare | 5.47 |
| Metals & Mining | 4.86 |
| Oil, Gas & Consumable Fuels | 3.4 |
| Consumer Durables | 3.32 |
| Consumer Services | 3.11 |
| Realty | 2.76 |
Peer Comparison
| Scheme Name | 5Y (%) |
|---|---|
| Mirae Asset Arbitrage Reg IDCW | 5.79 |