Mirae Asset Arbitrage Fund Direct Payout of Income Dis cum Cptl Wrdl
Mirae Asset Arbitrage Fund Direct Payout of Income Dis cum Cptl Wrdl

Mirae Asset Arbitrage Fund Direct Payout of Income Dis cum Cptl Wrdl

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Hybrid
Direct
Arbitrage Fund

NAV: ₹ 11.2 as on 27-01-2023

Fund Performance

Fund Performance as on (01-Jan-70)

Return
1M
3M
6M
1Y
This Fund
0.6%
1.8%
3%
5%
Benchmark
0.6%
1.6%
2.7%
4.3%
About the Fund

Mirae Asset Arbitrage Fund Direct Payout of Income Dis cum Cptl Wrdl is a hybrid fund. This fund was started on  19 June, 2020. The fund is managed by Jigar Shethia, Abhishek Iyer, Jignesh Rao. This fund gives you the benefit of diversification.

Key parameters

1) Mirae Asset Arbitrage Fund Direct Payout of Income Dis cum Cptl Wrdl has a NAV of 11.207 as on 27-01-2023.

2) Mirae Asset Arbitrage Fund Direct Payout of Income Dis cum Cptl Wrdl has 329 Cr worth of assets under management (AUM) as on 30-11-2022 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
₹329 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 as on (31-Dec-22)

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

Sector Allocation

Dec'22

Nov'22

Oct'22

Cash Equivalent

85.1%

Government

14.9%

Top Holdings as on (31-Dec-69)

  • Equity
  • Debt & Cash
Equity Holdings82
Debt Holdings7
Holdings
Weight%
Holdings Trend
1M Change
icon
Future on Sun TV Network Ltd
4.37%
0%
icon
Sun TV Network Ltd
4.35%
0%
icon
Future on Bharti Airtel Ltd
2.81%
-3.2%
icon
Bharti Airtel Ltd
2.79%
-3.2%
icon
Future on Tata Consultancy Services Ltd
2.76%
110.8%

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 38.8 Cr in last 1M
Dec'69 return outperformed benchmark

Change in AUM

Dec'22
₹ 329.2 Cr
Nov'22
₹ 368 Cr
Oct'22
₹ 375.9 Cr

Fund Returns vs Benchmark

Dec'22
0.07%
-0.05%
Nov'22
0.47%
0.42%
Oct'22
0.55%
0.45%
Fund Return
Benchmark Return

Fund Manager

Jigar Shethia

Jigar Shethia

Fund Manager of Mirae Asset Arbitrage Fund Direct Payout of Income Dis cum Cptl Wrdl, since 19 June 2020

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Mirae Asset Arbitrage Fund Direct Growth
0%
3.89%
Abhishek Iyer

Abhishek Iyer

Fund Manager of Mirae Asset Arbitrage Fund Direct Payout of Income Dis cum Cptl Wrdl, since 16 January 2023
Jignesh Rao

Jignesh Rao

Fund Manager of Mirae Asset Arbitrage Fund Direct Payout of Income Dis cum Cptl Wrdl, since 19 June 2020

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Mirae Asset Arbitrage Fund Direct Growth
0%
3.89%

AMC details

Fund House
Mirae Asset Investment Managers (India) Private Limited
Total Schemes
Total AUM
₹1.19L Cr
as on 31-Dec-2022
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
Email
customercare@miraeasset.com

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 4.47% since inception which is less than its category average return of 4.98%
AUM size ₹329 Cr

AUM size ₹329 Cr

This fund has AUM of ₹329 Cr which is less than its category average of ₹ 3038 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 Payout of Income Dis cum Cptl Wrdl is 11.21 as on 27-Jan-2023.
Existing (Absolute + CAGR)
Mirae Asset Arbitrage Fund Direct Payout of Income Dis cum Cptl Wrdl
Absolute Returns
CAGR Returns
1 Month Returns
0.65%
0.65%
6 Month Returns
3.04%
3.04%
1 Year Returns
4.99%
4.99%
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 December 2022
329 Cr as on December 2022
Sun TV Network Ltd(4.35%),Bharti Airtel Ltd(2.79%),Tata Consultancy Services Ltd(2.75%),Pidilite Industries Ltd(2.36%),Piramal Enterprises Ltd(2.19%) as on December 2022
Cash Equivalent(85.43%),Government(14.96%),Utilities(-0.01%) as on December 2022
AAA
100
Jignesh Rao,Abhishek Iyer,Jigar Shethia are the fund managers of Mirae Asset Arbitrage Fund Direct Payout of Income Dis cum Cptl Wrdl
The Exit load of Mirae Asset Arbitrage Fund Direct Payout of Income Dis cum Cptl Wrdl 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.