Mirae Asset Arbitrage Fund - Growth - Direct Plan

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  • 0.02 %Nav, as on 03-03-2025

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  • Net Change on 03-03-2025

  • 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 0.75 2.13 7.43 6.74 5.26 5.35

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 7.94 7.28 6.16 0.43 57,567.02
SBI Arbitrage Opportunities Fund - Direct Plan - Gr Jan 11, 2013 7.67 7.13 5.84 0.41 32,168.95
ICICI Prudential Equity Arbitrage Fund - Direct Plan - Growth Jan 07, 2013 7.78 7.03 5.95 0.39 25,324.33
Invesco India Arbitrage Fund - Direct Plan - Growth Option Jan 01, 2013 7.89 7.46 6.22 0.39 18,673.68
HDFC Arbitrage Fund -Direct Plan - Growth Option Dec 31, 2012 7.74 7.01 5.78 0.41 17,654.29

Fund Holdings as on 31-January-2025

  • TREPS

  • Mirae Asset Liquid Fund - Direct Growth

  • HDFC Bank Limited

  • Kotak Mahindra Bank Limited

  • Mirae Asset Money Market Fund Direct Growth

  • Aditya Birla Capital Limited

  • Maruti Suzuki India Limited

  • TVS Motor Company Limited

  • REC Limited

  • Tata Motors Limited

  • Vodafone Idea Limited

  • IDFC First Bank Limited

  • Bharat Electronics Limited

  • ITC Limited

  • Hindalco Industries Limited

  • Power Finance Corporation Limited

  • IndusInd Bank Limited

  • Adani Ports and Special Economic Zone Limited

  • ICICI Prudential Life Insurance Company Limited

  • RBL Bank Limited

  • Infosys Limited

  • Apollo Hospitals Enterprise Limited

  • Eicher Motors Limited

  • Godrej Consumer Products Limited

  • ICICI Bank Limited

  • SBI Life Insurance Company Limited

  • Bharti Airtel Limited

  • Bajaj Auto Limited

  • Aurobindo Pharma Limited

  • Godrej Properties Limited

  • State Bank of India

  • Tata Steel Limited

  • Hindustan Aeronautics Limited

  • Nestle India Limited

  • HCL Technologies Limited

  • Sun Pharmaceutical Industries Limited

  • Reliance Industries Limited

  • Punjab National Bank

  • Indus Towers Limited

  • Mahindra & Mahindra Limited

  • ICICI Lombard General Insurance Company Limited

  • Axis Bank Limited

  • Dr. Reddy's Laboratories Limited

  • 182 Days Tbill (MD 24/04/2025)

  • Zomato Limited

  • Cholamandalam Investment and Finance Company Ltd

  • Grasim Industries Limited

  • Net Receivables / (Payables)

  • Polycab India Limited

  • ABB India Limited

  • Bajaj Finance Limited

  • Tata Power Company Limited

  • Astral Limited

  • Coforge Limited

  • Marico Limited

  • JSW Energy Limited

  • Aditya Birla Fashion and Retail Limited

  • Indian Railway Catering And Tourism Corporation Limited

  • Lupin Limited

  • Larsen & Toubro Limited

  • Vedanta Limited

  • InterGlobe Aviation Limited

  • Asian Paints Limited

  • The Indian Hotels Company Limited

  • The Federal Bank Limited

  • ACC Limited

  • Muthoot Finance Limited

  • 182 Days Tbill (MD 05/06/2025)

  • Bharat Petroleum Corporation Limited

  • Shriram Finance Limited

  • Mahanagar Gas Limited

  • NMDC Limited

  • Ambuja Cements Limited

  • Oil & Natural Gas Corporation Limited

  • Oil India Limited

  • Jio Financial Services Limited

  • Hindustan Copper Limited

  • DLF Limited

  • HDFC Life Insurance Company Limited

  • L&T Technology Services Limited

  • Adani Enterprises Limited

  • Canara Bank

  • Zydus Lifesciences Limited

  • Indian Oil Corporation Limited

  • Samvardhana Motherson International Limited

  • Piramal Enterprises Limited

  • Cipla Limited

  • Divi's Laboratories Limited

  • UltraTech Cement Limited

  • Tata Consultancy Services Limited

  • Manappuram Finance Limited

  • LTIMindtree Limited

  • Granules India Limited

  • Trent Limited

  • GAIL (India) Limited

  • United Spirits Limited

  • Torrent Pharmaceuticals Limited

  • Voltas Limited

  • Bank of India

  • Bank of Baroda

  • Tech Mahindra Limited

  • 364 Days Tbill (MD 06/03/2025)

  • HDFC Asset Management Company Limited

  • Mphasis Limited

  • Balkrishna Industries Limited

  • 364 Days Tbill (MD 04/09/2025)

  • GMR Airports Limited

  • Steel Authority of India Limited

  • Prestige Estates Projects Limited

  • Hindustan Petroleum Corporation Limited

  • Bajaj Finserv Limited

  • Container Corporation of India Limited

  • Titan Company Limited

  • Bosch Limited

  • LIC Housing Finance Limited

  • One 97 Communications Limited

  • JSW Steel Limited

  • Bandhan Bank Limited

  • PVR INOX Limited

  • MRF Limited

  • Tata Communications Limited

  • Crompton Greaves Consumer Electricals Limited

  • Gujarat Narmada Valley Fertilizers and Chemicals Limited

  • Tata Chemicals Limited

  • Coal India Limited

  • Glenmark Pharmaceuticals Limited

  • Bharat Forge Limited

  • 182 Days Tbill (MD 08/05/2025)

  • 182 Days Tbill (MD 15/05/2025)

  • Syngene International Limited

  • Jindal Steel & Power Limited

  • Dabur India Limited

  • Birlasoft Limited

  • Dr. Lal Path Labs Limited

  • IRB Infrastructure Developers Limited

  • NTPC Limited

  • Aarti Industries Limited

  • KPIT Technologies Limited

  • PI Industries Limited

  • Exide Industries Limited

  • Cummins India Limited

  • Escorts Kubota Limited

  • Havells India Limited

  • Housing & Urban Development Corporation Limited

  • Biocon Limited

  • Avenue Supermarts Limited

  • Metropolis Healthcare Limited

  • Siemens Limited

  • Macrotech Developers Limited

  • Varun Beverages Limited

  • Abbott India Limited

  • APL Apollo Tubes Limited

  • Pidilite Industries Limited

  • Max Healthcare Institute Limited

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  • Miscellaneous

  • Bank - Private

  • Pharmaceuticals & Drugs

  • Finance - NBFC

  • IT - Software

  • Automobile Two & Three Wheelers

  • Telecommunication - Service Provider

  • Insurance

  • Bank - Public

  • Finance Term Lending

  • Automobiles - Passenger Cars

  • Metal - Non Ferrous

  • Refineries

  • Defence

  • Construction - Real Estate

  • Steel & Iron Products

  • Consumer Food

  • Cement & Construction Materials

  • Power Generation/Distribution

  • Automobiles-Trucks/Lcv

  • Cigarettes/Tobacco

  • Hospital & Healthcare Services

  • Retailing

  • Household & Personal Products

  • Port

  • Oil Exploration

  • Electric Equipment

  • Auto Ancillary

  • Engineering - Construction

  • Mining & Minerals

  • e-Commerce

  • Diversified

  • Cable

  • Tyres & Allied

  • Plastic Products

  • Travel Services

  • Airlines

  • Paints

  • Hotel, Resort & Restaurants

  • Gas Transmission/Marketing

  • Trading

  • Industrial Gases & Fuels

  • Breweries & Distilleries

  • Finance - Housing

  • Air Conditioners

  • Chemicals

  • Finance - Asset Management

  • Airport Management Services

  • Finance - Investment

  • Fintech

  • Diamond & Jewellery

  • Logistics

  • Film Production, Distribution & Entertainment

  • Fertilizers

  • Consumer Durables - Domestic Appliances

  • Forgings

  • Business Support

  • Steel/Sponge Iron/Pig Iron

  • Pesticides & Agrochemicals

  • Automobiles-Tractors

  • Batteries

  • Diesel Engines

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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 ₹2,900.03 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(0.02%)yesterday to ₹13.201.

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