Mirae Asset Arbitrage Fund Direct Growth
Mirae Asset Arbitrage Fund Direct Growth

Mirae Asset Arbitrage Fund Direct Growth

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Hybrid
Direct
Arbitrage Fund

NAV: ₹ 11.1 as on 25-11-2022

Fund Performance
zero opening, trading, fund transfer fee
36 people have invested ₹ 31.9L in mutual fund in the last three months

Fund Performance

Return
1M
3M
6M
1Y
This Fund
0.3%
1.2%
2.2%
4.2%
Benchmark
0.2%
1%
1.8%
3.5%
About the Fund

Mirae Asset Arbitrage Fund Direct Growth is a hybrid fund. This fund was started on  19 June, 2020. The fund is managed by Mahendra Jajoo, Jignesh Rao, Jigar Shethia. This fund gives you the benefit of diversification.

Key parameters

1) Mirae Asset Arbitrage Fund Direct Growth has a NAV of 11.059 as on 25-11-2022.

2) Mirae Asset Arbitrage Fund Direct Growth has 376 Cr worth of assets under management (AUM) as on 30-09-2022 and is less than category average.

3) The fund has an expense ratio 0.35 %.

Fund Overview

Expense ratio
Expense ratio
0.35%
Benchmark
Benchmark
NIFTY 50 Arbitrage TR INR
AUM
AUM
₹376 Cr
Inception Date
Inception Date
19 June, 2020
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0.25%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
550.88%

Fund Distribution

  • Debt & Cash 100%
Credit rating breakup
AAA
100%

Sector Allocation

Oct'22

Sep'22

Aug'22

Cash Equivalent

93.5%

Government

6.5%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings104
Equity Holdings99
Debt Holdings5
Holdings
Weight%
Holdings Trend
1M Change
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6.84% Govt Stock 2022
7.99%
0%
icon
Future on Sun TV Network Ltd
4.1%
0%
icon
Sun TV Network Ltd
4.09%
0%
icon
3.96% Govt Stock 2022
3.99%
0%
icon
6.18% Govt Stock 2024
3.92%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 1.8 Cr in last 1M
Oct'22 return outperformed benchmark

Change in AUM

Oct'22
₹ 375.9 Cr
Sep'22
₹ 374 Cr
Aug'22
₹ 385.5 Cr

Fund Returns vs Benchmark

Oct'22
0.07%
-0.05%
Sep'22
0.48%
0.42%
Aug'22
0.56%
0.45%
Fund Return
Benchmark Return

Fund Manager

Mahendra Jajoo

Mahendra Jajoo

Managing this fund since 19 June 2020

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Mirae Asset Savings Fund Direct Plan Growth
4.99%
4.92%
Mirae Asset Equity Savings Fund Direct Growth
12.42%
8.94%
Mirae Asset Hybrid Equity Fund -Direct Plan-Growth
15.26%
14.9%
Jignesh Rao

Jignesh Rao

Managing this fund since 19 June 2020

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Mirae Asset Arbitrage Fund Direct Growth
0%
3.69%
Jigar Shethia

Jigar Shethia

Managing this fund since 19 June 2020

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Mirae Asset Arbitrage Fund Direct Growth
0%
3.69%

AMC details

Address
Mirae Asset Investment Managers (India) Private Limited.,Unit No. 606, 6th Floor,,Windsor Bldg, Off CST Road,,Kalina, Santacruz (East), Mumbai - 400 098
Phone
91-22-22-6780300
Fund House
Mirae Asset Investment Managers (India) Private Limited

Fund Highlights

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Low Risk

Investors understand that their principal will be at Low Risk
About the fund

About the fund

This fund has delivered an average annual returns of 4.22% since inception which is less than its category average return of 4.91%
AUM size ₹376 Cr

AUM size ₹376 Cr

This fund has AUM of ₹376 Cr which is less than its category average of ₹ 3107 Cr
Expense Ratio 0.35%

Expense Ratio 0.35%

This fund has an expense ratio of 0.35% which is less than its category average expense ratio of 0.73%

Frequently Asked Questions

The current NAV of Mirae Asset Arbitrage Fund Direct Growth is 11.06.
Existing (Absolute + CAGR)
Mirae Asset Arbitrage Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.35%
0.35%
6 Month Returns
2.21%
2.21%
1 Year Returns
4.21%
4.21%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.35 as on October 2022
376 Cr as on October 2022
Sun TV Network Ltd(4.09%),Adani Ports & Special Economic Zone Ltd(3.23%),United Spirits Ltd(2.98%),Sun Pharmaceuticals Industries Ltd(2.92%),HDFC Bank Ltd(2.78%) as on October 2022
Cash Equivalent(93.8%),Government(6.51%),Real Estate(-0%) as on October 2022
AAA
100
Mahendra Jajoo,Jignesh Rao,Jigar Shethia are the fund managers of Mirae Asset Arbitrage Fund Direct Growth
The Exit load of Mirae Asset Arbitrage Fund Direct Growth is 0.25%

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.