Mirae Asset Arbitrage Fund Direct Payout of Income Dis cum Cptl Wrdl
Hybrid
Direct
Arbitrage Fund
NAV: ₹ 12.36 as on 24-04-2024
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
- Mirae Asset Arbitrage Fund Direct Payout of Income Dis cum Cptl Wrdl has ₹1451 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.1.
Mirae Asset Arbitrage Fund Direct Payout of Income Dis cum Cptl Wrdl Overview
 | 0.12% |
 Benchmark | NIFTY 50 Arbitrage TR INR |
 | ₹1451 Cr |
 | 19 June, 2020 |
 | ₹5000/₹500 |
 Exit Load | 0.25% |
 | No Lock-in |
 TurnOver | 816.73% |
Mirae Asset Arbitrage Fund Direct Payout of Income Dis cum Cptl Wrdl Distribution as on (31-Mar-24)
Size breakup
Large cap
37.3%
Mid cap
24.1%
Small cap
6.4%
Sector Allocation
Financial Services
26%
Basic Materials
12.4%
Consumer Cyclical
11.8%
Industrial
11.5%
Health
9.8%
Tech
8.6%
Communication
7.2%
Consumer Defensive
5.2%
Energy
4.2%
Utilities
2.4%
Real Estate
1%
Top Holdings of Mirae Asset Arbitrage Fund Direct Payout of Income Dis cum Cptl Wrdl as on (31-Mar-24)
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
- AUM of the fund stands at 1.5K Cr as of Mar'24
- AUM increased by 248.7 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Mirae Asset Arbitrage Fund Direct Payout of Income Dis cum Cptl Wrdl Fund Manager
Abhishek Iyer
Fund Manager of Mirae Asset Arbitrage Fund Direct Payout of Income Dis cum Cptl Wrdl, since 16 January 2023
Top funds managed
Mirae Asset Arbitrage Fund Direct Payout of Income Dis cum Cptl Wrdl Highlights
Low Risk
Investors understand that their principal will be at Low Risk
About the fund
This fund has delivered an average annual returns of 5.67% since inception which is more than its category average return of 5.18%
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
This fund has AUM of ₹1451 Cr which is less than its category average of ₹ 5953 Cr
Expense Ratio 0.12%
This fund has an expense ratio of 0.12% 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 ₹12.36 as on 24-Apr-2024.
Existing (Absolute + CAGR) as on 24-Apr-2024.
Mirae Asset Arbitrage Fund Direct Payout of Income Dis cum Cptl Wrdl | Absolute Returns | CAGR Returns |
1 Month Returns | 0.83% | 0.83% |
6 Month Returns | 4.18% | 4.18% |
1 Year Returns | 8.5% | 8.5% |
3 Years Returns | 19.44% | 6.1% |
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.
0.12% 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%