Mirae Asset Arbitrage Fund - Growth - Direct Plan

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  • (-0.02%)Nav, as on 24-04-2025

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  • Net Change on 24-04-2025

  • 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 0.82 2.22 7.54 7.04 5.43 5.43

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 8.02 7.54 6.29 0.44 60,373.17
SBI Arbitrage Opportunities Fund - Direct Plan - Gr Jan 11, 2013 7.73 7.37 5.97 0.40 30,592.08
ICICI Prudential Equity Arbitrage Fund - Direct Plan - Growth Jan 07, 2013 7.88 7.31 6.05 0.39 25,726.55
Invesco India Arbitrage Fund - Direct Plan - Growth Option Jan 01, 2013 7.98 7.64 6.33 0.39 19,675.15
HDFC Arbitrage Fund -Direct Plan - Growth Option Dec 31, 2012 7.85 7.28 5.96 0.42 18,350.43

Fund Holdings as on 31-March-2025

  • TREPS

  • Mirae Asset Liquid Fund-Direct Plan-Growth

  • Net Receivables / (Payables)

  • State Bank of India

  • Mirae Asset Money Market Fund-Direct Plan-Growth

  • HDFC Bank Ltd.

  • Jio Financial Services Ltd.

  • Britannia Industries Ltd.

  • Kotak Mahindra Bank Ltd.

  • Vedanta Ltd.

  • Bharti Airtel Ltd.

  • Hindalco Industries Ltd.

  • Interglobe Aviation Ltd.

  • ICICI Bank Ltd.

  • Tata Consultancy Services Ltd.

  • RBL Bank Ltd.

  • Infosys Ltd.

  • IDFC First Bank Ltd.

  • Cholamandalam Investment & Finance Co. Ltd.

  • Tech Mahindra Ltd.

  • Maruti Suzuki India Ltd.

  • Tata Motors Ltd.

  • Info Edge (India) Ltd.

  • Adani Green Energy Ltd.

  • Apollo Hospitals Enterprise Ltd.

  • Vodafone Idea Ltd.

  • Titan Company Ltd.

  • Bajaj Finserv Ltd.

  • SBI Cards & Payment Services Ltd.

  • Bharat Petroleum Corporation Ltd.

  • Muthoot Finance Ltd.

  • Canara Bank

  • Persistent Systems Ltd.

  • Adani Ports and Special Economic Zone Ltd.

  • DLF Ltd.

  • Sun Pharmaceutical Industries Ltd.

  • NTPC Ltd.

  • Indus Towers Ltd.

  • HCL Technologies Ltd.

  • ICICI Lombard General Insurance Company Ltd.

  • Polycab India Ltd.

  • 182 Days Treasury Bills (MD 24/04/2025)

  • Grasim Industries Ltd.

  • Balkrishna Industries Ltd.

  • Dixon Technologies (India) Ltd.

  • JSW Energy Ltd.

  • Axis Bank Ltd.

  • Adani Total Gas Ltd.

  • Mahindra & Mahindra Ltd.

  • Coforge Ltd.

  • REC Ltd.

  • SBI Life Insurance Co. Ltd.

  • Tata Power Company Ltd.

  • Hindustan Aeronautics Ltd.

  • Max Healthcare Institute Ltd.

  • Ultratech Cement Ltd.

  • Prestige Estates Projects Ltd.

  • Godrej Properties Ltd.

  • Cipla Ltd.

  • ABB India Ltd.

  • The Indian Hotels Company Ltd.

  • Hindustan Copper Ltd.

  • Eicher Motors Ltd.

  • Lupin Ltd.

  • Aditya Birla Capital Ltd.

  • National Aluminium Company Ltd.

  • Aditya Birla Fashion and Retail Ltd.

  • Punjab National Bank

  • ICICI Prudential Life Insurance Company Ltd.

  • ITC Ltd.

  • Divi's Laboratories Ltd.

  • Bajaj Finance Ltd.

  • Larsen & Toubro Ltd.

  • Astral Ltd.

  • Aurobindo Pharma Ltd.

  • 182 Days Treasury Bills (MD 05/06/2025)

  • Tata Steel Ltd.

  • Manappuram Finance Ltd.

  • Ambuja Cements Ltd.

  • Mahanagar Gas Ltd.

  • TVS Motor Company Ltd.

  • UPL Ltd.

  • Hindustan Unilever Ltd.

  • Oil & Natural Gas Corporation Ltd.

  • Jindal Steel & Power Ltd.

  • Multi Commodity Exchange of India Ltd.

  • Asian Paints Ltd.

  • Crompton Greaves Consumer Electricals Ltd.

  • Shriram Finance Ltd.

  • Oil India Ltd.

  • Piramal Enterprises Ltd.

  • Samvardhana Motherson International Ltd.

  • HDFC Life Insurance Company Ltd.

  • United Spirits Ltd.

  • Glenmark Pharmaceuticals Ltd.

  • Mphasis Ltd.

  • Coal India Ltd.

  • Hindustan Petroleum Corporation Ltd.

  • Trent Ltd.

  • Dalmia Bharat Ltd.

  • 364 Days Treasury Bills (MD 04/09/2025)

  • Bank of India

  • SRF Ltd.

  • Varun Beverages Ltd.

  • Bandhan Bank Ltd.

  • Steel Authority of India Ltd.

  • Granules India Ltd.

  • Supreme Industries Ltd.

  • One 97 Communications Ltd.

  • LIC Housing Finance Ltd.

  • Hero MotoCorp Ltd.

  • MRF Ltd.

  • Apollo Tyres Ltd.

  • Oberoi Realty Ltd.

  • Tata Communications Ltd.

  • Cummins India Ltd.

  • PB Fintech Ltd.

  • Indian Railway Catering & Tourism Corporation Ltd.

  • Tata Chemicals Ltd.

  • Jubilant Foodworks Ltd.

  • Power Finance Corporation Ltd.

  • Mahindra & Mahindra Financial Services Ltd.

  • 182 Days Treasury Bills (MD 08/05/2025)

  • 182 Days Treasury Bills (MD 15/05/2025)

  • Biocon Ltd.

  • Bajaj Auto Ltd.

  • Syngene International Ltd.

  • Alkem Laboratories Ltd.

  • JSW Steel Ltd.

  • Kalyan Jewellers India Ltd.

  • Housing and Urban Development Corporation Ltd.

  • Exide Industries Ltd.

  • IRB Infrastructure Developers Ltd.

  • PI Industries Ltd.

  • Adani Enterprises Ltd.

  • Aarti Industries Ltd.

  • Havells India Ltd.

  • Life Insurance Corporation of India

  • Tube Investments of India Ltd.

  • Dabur India Ltd.

  • The Federal Bank Ltd.

  • ACC Ltd.

  • Escorts Kubota Ltd.

  • HDFC Asset Management Co. Ltd.

  • Birlasoft Ltd.

  • Bosch Ltd.

  • Reliance Industries Ltd.

  • Colgate Palmolive (India) Ltd.

  • Zydus Lifesciences Ltd.

  • LTIMindtree Ltd.

  • Max Financial Services Ltd.

  • Deepak Nitrite Ltd.

  • Sona Blw Precision Forgings Ltd.

  • Bharat Electronics Ltd.

  • Solar Industries India Ltd.

  • Torrent Pharmaceuticals Ltd.

  • Avenue Supermarts Ltd.

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  • Miscellaneous

  • Bank - Private

  • Finance - NBFC

  • IT - Software

  • Pharmaceuticals & Drugs

  • Bank - Public

  • Telecommunication - Service Provider

  • Metal - Non Ferrous

  • Power Generation/Distribution

  • Insurance

  • Construction - Real Estate

  • Consumer Food

  • Automobiles - Passenger Cars

  • Cement & Construction Materials

  • Automobile Two & Three Wheelers

  • Hospital & Healthcare Services

  • Tyres & Allied

  • Refineries

  • Gas Transmission/Marketing

  • Airlines

  • Steel & Iron Products

  • Diamond & Jewellery

  • Automobiles-Trucks/Lcv

  • Retailing

  • BPO/ITeS

  • Oil Exploration

  • Plastic Products

  • Finance Term Lending

  • Finance - Investment

  • Port

  • Diversified

  • Cable

  • Consumer Durables - Electronics

  • Electric Equipment

  • Chemicals

  • Engineering - Construction

  • Defence

  • Pesticides & Agrochemicals

  • Hotel, Resort & Restaurants

  • Household & Personal Products

  • Aluminium & Aluminium Products

  • Auto Ancillary

  • Cigarettes/Tobacco

  • Fintech

  • Steel/Sponge Iron/Pig Iron

  • Finance - Stock Broking

  • Finance - Housing

  • Consumer Durables - Domestic Appliances

  • Paints

  • Breweries & Distilleries

  • Mining & Minerals

  • Diesel Engines

  • Travel Services

  • Business Support

  • Batteries

  • Trading

  • Automobiles-Tractors

  • Finance - Asset Management

  • Finance - Others

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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 ₹3,111.29 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 down ₹0(-0.02%)yesterday to ₹13.35.

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