Mirae Asset Arbitrage Fund - Growth - Direct Plan

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  • 0.05 %Nav, as on 03-04-2025

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  • Net Change on 03-04-2025

  • PersonalFN Rating

  • Assets (Cr.)

  • Expense Ratio

Fund Overview Growth | Direct Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

Fund 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.

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
Crisil 1 Yr T-Bill Index N/A N/A N/A N/A N/A N/A
Nifty 50 Arbitrage 0.87 2.03 7.56 6.95 5.38 5.41

Returns upto 1 year is Absolute, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
Kotak Equity Arbitrage Fund - Growth - Direct Jan 01, 2013 8.15 7.51 6.25 0.43 58,922.98
SBI Arbitrage Opportunities Fund - Direct Plan - Gr Jan 11, 2013 7.89 7.36 5.94 0.40 32,171.03
ICICI Prudential Equity Arbitrage Fund - Direct Plan - Growth Jan 07, 2013 7.98 7.26 6.03 0.39 25,879.98
Invesco India Arbitrage Fund - Direct Plan - Growth Option Jan 01, 2013 8.09 7.67 6.30 0.39 19,341.09
HDFC Arbitrage Fund -Direct Plan - Growth Option Dec 31, 2012 7.97 7.22 5.91 0.41 18,053.77

Fund Holdings as on 28-February-2025

  • TREPS

  • Mirae Asset Liquid Fund - Direct Growth

  • Dr. Reddy's Laboratories Limited

  • Mirae Asset Money Market Fund Direct Growth

  • Axis Bank Limited

  • State Bank of India

  • ICICI Bank Limited

  • Jio Financial Services Limited

  • Kotak Mahindra Bank Limited

  • Reliance Industries Limited

  • Bharti Airtel Limited

  • Vedanta Limited

  • Mphasis Limited

  • Hindalco Industries Limited

  • Divi's Laboratories Limited

  • IDFC First Bank Limited

  • Zomato Limited

  • Britannia Industries Limited

  • Titan Company Limited

  • Aditya Birla Capital Limited

  • Vodafone Idea Limited

  • LTIMindtree Limited

  • Tech Mahindra Limited

  • InterGlobe Aviation Limited

  • Bharat Electronics Limited

  • RBL Bank Limited

  • Siemens Limited

  • Info Edge (India) Limited

  • Tata Motors Limited

  • Infosys Limited

  • Aurobindo Pharma Limited

  • The Federal Bank Limited

  • Tata Steel Limited

  • Apollo Hospitals Enterprise Limited

  • Asian Paints Limited

  • Godrej Consumer Products Limited

  • Bajaj Finserv Limited

  • ICICI Prudential Life Insurance Company Limited

  • Nestle India Limited

  • Adani Ports and Special Economic Zone Limited

  • HDFC Bank Limited

  • Eicher Motors Limited

  • Hindustan Petroleum Corporation Limited

  • Voltas Limited

  • Canara Bank

  • 182 Days Tbill (MD 24/04/2025)

  • IndusInd Bank Limited

  • Indus Towers Limited

  • DLF Limited

  • HCL Technologies Limited

  • Sun Pharmaceutical Industries Limited

  • ICICI Lombard General Insurance Company Limited

  • Mahindra & Mahindra Limited

  • Hero MotoCorp Limited

  • Punjab National Bank

  • Maruti Suzuki India Limited

  • SBI Life Insurance Company Limited

  • Coforge Limited

  • Grasim Industries Limited

  • Varun Beverages Limited

  • NTPC Limited

  • Tata Power Company Limited

  • Manappuram Finance Limited

  • Tata Consultancy Services Limited

  • Larsen & Toubro Limited

  • Godrej Properties Limited

  • JSW Energy Limited

  • Astral Limited

  • REC Limited

  • UltraTech Cement Limited

  • ABB India Limited

  • Aditya Birla Fashion and Retail Limited

  • Apollo Tyres Limited

  • 182 Days Tbill (MD 05/06/2025)

  • Bajaj Finance Limited

  • Cipla Limited

  • Coal India Limited

  • ACC Limited

  • Hindustan Unilever Limited

  • Hindustan Aeronautics Limited

  • Prestige Estates Projects Limited

  • Mahanagar Gas Limited

  • TVS Motor Company Limited

  • Bharat Petroleum Corporation Limited

  • Ambuja Cements Limited

  • HDFC Life Insurance Company Limited

  • Lupin Limited

  • Oil & Natural Gas Corporation Limited

  • Multi Commodity Exchange of India Limited

  • Hindustan Copper Limited

  • NMDC Limited

  • Crompton Greaves Consumer Electricals Limited

  • L&T Technology Services Limited

  • Oberoi Realty Limited

  • Oil India Limited

  • Piramal Enterprises Limited

  • Samvardhana Motherson International Limited

  • 364 Days Tbill (MD 06/03/2025)

  • United Spirits Limited

  • Ashok Leyland Limited

  • JSW Steel Limited

  • 364 Days Tbill (MD 04/09/2025)

  • GMR Airports Limited

  • Torrent Pharmaceuticals Limited

  • Trent Limited

  • Bank of Baroda

  • Bajaj Auto Limited

  • Steel Authority of India Limited

  • National Aluminium Company Limited

  • Bandhan Bank Limited

  • GAIL (India) Limited

  • Bank of India

  • Granules India Limited

  • Supreme Industries Limited

  • JK Cement Limited

  • Bharat Forge Limited

  • AU Small Finance Bank Limited

  • One 97 Communications Limited

  • Polycab India Limited

  • LIC Housing Finance Limited

  • MRF Limited

  • Glenmark Pharmaceuticals Limited

  • Container Corporation of India Limited

  • Tata Communications Limited

  • Cummins India Limited

  • Max Healthcare Institute Limited

  • Persistent Systems Limited

  • Tata Chemicals Limited

  • Indian Railway Catering And Tourism Corporation Limited

  • Jubilant Foodworks Limited

  • 182 Days Tbill (MD 08/05/2025)

  • 182 Days Tbill (MD 15/05/2025)

  • Syngene International Limited

  • PI Industries Limited

  • Cholamandalam Investment and Finance Company Ltd

  • IRB Infrastructure Developers Limited

  • Aarti Industries Limited

  • Adani Enterprises Limited

  • Exide Industries Limited

  • Havells India Limited

  • Indian Oil Corporation Limited

  • Avenue Supermarts Limited

  • Dabur India Limited

  • Tube Investments of India Limited

  • Housing & Urban Development Corporation Limited

  • Shriram Finance Limited

  • ITC Limited

  • Escorts Kubota Limited

  • Sona BLW Precision Forgings Limited

  • Bosch Limited

  • SBI Cards and Payment Services Limited

  • Birlasoft Limited

  • The Indian Hotels Company Limited

  • Delhivery Limited

  • Max Financial Services Limited

  • FSN E-Commerce Ventures Limited

  • Pidilite Industries Limited

  • HDFC Asset Management Company Limited

  • Net Receivables / (Payables)

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  • Miscellaneous

  • Bank - Private

  • IT - Software

  • Pharmaceuticals & Drugs

  • Finance - NBFC

  • Bank - Public

  • Telecommunication - Service Provider

  • Metal - Non Ferrous

  • Consumer Food

  • Insurance

  • Refineries

  • Automobile Two & Three Wheelers

  • Construction - Real Estate

  • Cement & Construction Materials

  • Power Generation/Distribution

  • Electric Equipment

  • Steel & Iron Products

  • Defence

  • Household & Personal Products

  • Automobiles - Passenger Cars

  • Automobiles-Trucks/Lcv

  • e-Commerce

  • Hospital & Healthcare Services

  • Diamond & Jewellery

  • Retailing

  • Airlines

  • BPO/ITeS

  • Mining & Minerals

  • Plastic Products

  • Oil Exploration

  • Paints

  • Tyres & Allied

  • Finance - Investment

  • Port

  • Air Conditioners

  • Engineering - Construction

  • Diversified

  • Finance Term Lending

  • Auto Ancillary

  • Gas Transmission/Marketing

  • Finance - Stock Broking

  • Consumer Durables - Domestic Appliances

  • Breweries & Distilleries

  • Airport Management Services

  • Aluminium & Aluminium Products

  • Finance - Housing

  • Industrial Gases & Fuels

  • Chemicals

  • Forgings

  • Fintech

  • Cable

  • Logistics

  • Diesel Engines

  • Travel Services

  • Business Support

  • Pesticides & Agrochemicals

  • Trading

  • Batteries

  • Cycles

  • Cigarettes/Tobacco

  • Automobiles-Tractors

  • Courier Services

  • Finance - Others

  • Hotel, Resort & Restaurants

  • Finance - Asset Management

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Fund Manager

  • Education:B.SC., PGDBA
  • Experience:10
  • Basic Details:Mr. Jignesh N Rao has more than 15 years of experience in the field of Equity dealing. Prior to this assignment, Mr. Rao was associated with Motilal Oswal Asset Management Company Ltd. as Dealer - Equity.
  • Funds Managed:
  • Mirae Asset Arbitrage Fund
  • Mirae Asset Arbitrage Fund
  • Education:B.Com & CFA Level 3
  • Experience:14
  • Basic Details:Mr. Jigar Bharat Shethia has more than 14 years of experience in the field of Equity dealing. Prior to this assignment, Mr. Shethia was associated with Sushil Financial Services Pvt Ltd as Assistant Manager - Equity.
  • Funds Managed:
  • Mirae Asset Arbitrage Fund
  • Mirae Asset Arbitrage Fund

  • Cash

  • Equity

  • MFU

  • SOVEREIGN

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About Mirae Asset Arbitrage Fund

Scheme Analysis

Mirae Asset Arbitrage Fund is a Hybrid - Arbitrage Fund fund and belongs to Mirae Asset Mutual Fund. It was launched on 19-Jun-2020 and currently has an AUM of ₹2,969.67 crore. Mirae Asset Arbitrage Fund is benchmarked against Crisil 1 Yr T-Bill Index as primary index and Nifty 50 Arbitrage as secondary index.

The NAV of Mirae Asset Arbitrage Fund ended up ₹0.01(0.05%)yesterday to ₹13.299.

Among its top 3 holdings the fund has exposure to TREPS, and

The Mirae Asset Arbitrage Fund is managed by Amit Modani and Jignesh Rao.

Fund House Contact

Unit 606, 6th Floor, Windsor Building, Off CST Road, Kalina, Santacruz (E), Mumbai - 400 098

022-67800300
022-67253940