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: ₹ 12.33 as on 12-04-2024
Fund Performance

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

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 Abhishek Iyer. This fund gives you the benefit of diversification.

Key Parameters

  1. Mirae Asset Arbitrage Fund Direct Payout of Income Dis cum Cptl Wrdl has ₹1451 Cr worth of assets under management (AUM) as on Feb 2024 and is less than category average.
  2. The fund has an expense ratio 0.1.

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

Expense ratio
Expense ratio
0.11%
Benchmark
Benchmark
NIFTY 50 Arbitrage TR INR
AUM
AUM
₹1451 Cr
Inception Date
Inception Date
19 June, 2020
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
0.25%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
816.73%

Mirae Asset Arbitrage Fund Direct Payout of Income Dis cum Cptl Wrdl Distribution as on (29-Feb-24)

  • Equity 67.9%

  • Debt & Cash 32.1%

Size breakup

Large cap
37.3%
Mid cap
24.1%
Small cap
6.4%
Sector Allocation

Feb'24

Jan'24

Dec'23

Financial Services
28.3%
Basic Materials
13.6%
Consumer Cyclical
11.9%
Industrial
10.8%
Communication
9%
Consumer Defensive
7.8%
Energy
6.3%
Health
6%
Tech
4.8%
Utilities
1.7%

Top Holdings of Mirae Asset Arbitrage Fund Direct Payout of Income Dis cum Cptl Wrdl as on (31-Mar-24)

  • Equity

  • Debt & Cash

Equity Holdings119
Debt Holdings13

Mirae Asset Arbitrage Fund Direct Payout of Income Dis cum Cptl Wrdl: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Feb'24
Jan'24
Dec'23
AUM
₹ 1.2K Cr
₹ 1K Cr
₹ 872.7 Cr
  • AUM of the fund stands at 1.2K Cr as of Feb'24
  • AUM increased by 178.5 Cr between Feb'24 and Jan'24
Fund Portfolio Changes

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

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

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

Risk meter
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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 5.65% since inception which is more than its category average return of 5.18%
Fund Allocations

Fund Allocations

This fund has an allocation of 67.85% in Equity, 3.03% in Debt and 29.11% in Cash related instruments
AUM size ₹1451 Cr

AUM size ₹1451 Cr

This fund has AUM of ₹1451 Cr which is less than its category average of ₹ 5953 Cr
Expense Ratio 0.11%

Expense Ratio 0.11%

This fund has an expense ratio of 0.11% which is less than its category average expense ratio of 0.71%

Frequently Asked Questions

The current NAV of Mirae Asset Arbitrage Fund Direct Payout of Income Dis cum Cptl Wrdl is ₹12.33 as on 12-Apr-2024.
Existing (Absolute + CAGR) as on 12-Apr-2024.
Mirae Asset Arbitrage Fund Direct Payout of Income Dis cum Cptl Wrdl
Absolute Returns
CAGR Returns
1 Month Returns
0.84%
0.84%
6 Month Returns
4.26%
4.26%
1 Year Returns
8.41%
8.41%
3 Years Returns
19.38%
6.08%
5 Years Returns
0%
0%
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0.11% as on March 2024
₹1451 Cr as on March 2024
Mirae Asset Liquid Dir Gr(3.83%), State Bank of India(1.47%), Bharat Forge Ltd(1.46%), HDFC Bank Ltd(1.25%), Zydus Lifesciences Ltd(1.22%) as on March 2024
Cash Equivalent(26.42%), Financial Services(17.66%), Basic Materials(8.39%) as on March 2024
AAA
100
Abhishek Iyer is the fund manager 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%