Mirae Asset Arbitrage Fund - Growth - Direct Plan

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  • 0.07 %Nav, as on 30-06-2025

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  • Net Change on 30-06-2025

  • 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
Mirae Asset Arbitrage Fund Direct Growth 0.66 1.83 7.52 7.56 6.15 6.16
Crisil 1 Yr T-Bill Index N/A N/A N/A N/A N/A N/A
Nifty 50 Arbitrage 0.69 1.83 7.26 7.21 5.72 5.45

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.)
Mirae Asset Arbitrage Fund Direct Growth Jun 19, 2020 7.52 7.56 6.15 0.15 3,363.76
Kotak Arbitrage Fund - Growth - Direct Jan 01, 2013 7.69 7.72 6.35 0.44 67,362.14
SBI Arbitrage Opportunities Fund - Direct Plan - Gr Jan 11, 2013 7.57 7.61 6.14 0.40 33,759.32
ICICI Prudential Equity Arbitrage Fund - Direct Plan - Growth Jan 07, 2013 7.64 7.53 6.13 0.40 28,443.90
Invesco India Arbitrage Fund - Direct Plan - Growth Option Jan 01, 2013 7.66 7.79 6.36 0.39 22,340.62
HDFC Arbitrage Fund -Direct Plan - Growth Option Dec 31, 2012 7.54 7.49 6.05 0.42 20,685.46

Fund Holdings as on 31-May-2025

  • TREPS

  • Mirae Asset Liquid Fund-Direct Plan-Growth

  • Mirae Asset Money Market Fund-Direct Plan-Growth

  • ICICI Bank Ltd.

  • HDFC Bank Ltd.

  • Britannia Industries Ltd.

  • Tech Mahindra Ltd.

  • RBL Bank Ltd.

  • Bharat Electronics Ltd.

  • Trent Ltd.

  • Eicher Motors Ltd.

  • ICICI Prudential Life Insurance Company Ltd.

  • State Bank of India

  • Tata Steel Ltd.

  • Interglobe Aviation Ltd.

  • Bharti Airtel Ltd.

  • Piramal Enterprises Ltd.

  • Hindalco Industries Ltd.

  • HDFC Life Insurance Company Ltd.

  • REC Ltd.

  • Coforge Ltd.

  • Infosys Ltd.

  • AU Small Finance Bank Ltd.

  • Hindustan Zinc Ltd.

  • Adani Green Energy Ltd.

  • Hindustan Petroleum Corporation Ltd.

  • Vodafone Idea Ltd.

  • Apollo Hospitals Enterprise Ltd.

  • Hero MotoCorp Ltd.

  • ITC Ltd.

  • Canara Bank

  • Indus Towers Ltd.

  • Punjab National Bank

  • Eternal Ltd.

  • Axis Bank Ltd.

  • ICICI Lombard General Insurance Company Ltd.

  • Mahindra & Mahindra Ltd.

  • Shriram Finance Ltd.

  • Sun Pharmaceutical Industries Ltd.

  • Larsen & Toubro Ltd.

  • Info Edge (India) Ltd.

  • Computer Age Management Services Ltd.

  • Lupin Ltd.

  • Bajaj Finserv Ltd.

  • One 97 Communications Ltd.

  • Bharat Petroleum Corporation Ltd.

  • NTPC Ltd.

  • Adani Total Gas Ltd.

  • Reliance Industries Ltd.

  • Balkrishna Industries Ltd.

  • Kotak Mahindra Bank Ltd.

  • PNB Housing Finance Ltd.

  • SBI Life Insurance Co. Ltd.

  • Prestige Estates Projects Ltd.

  • Jindal Steel & Power Ltd.

  • SRF Ltd.

  • Shree Cement Ltd.

  • Jio Financial Services Ltd.

  • Grasim Industries Ltd.

  • Hindustan Aeronautics Ltd.

  • Tata Consumer Products Ltd.

  • Tata Power Company Ltd.

  • Cipla Ltd.

  • Oil & Natural Gas Corporation Ltd.

  • Tata Motors Ltd.

  • Godrej Properties Ltd.

  • Hindustan Copper Ltd.

  • Ultratech Cement Ltd.

  • Divi's Laboratories Ltd.

  • JSW Energy Ltd.

  • SBI Cards & Payment Services Ltd.

  • Cummins India Ltd.

  • Tata Technologies Ltd.

  • Hindustan Unilever Ltd.

  • HCL Technologies Ltd.

  • Adani Ports and Special Economic Zone Ltd.

  • National Aluminium Company Ltd.

  • TVS Motor Company Ltd.

  • Power Finance Corporation Ltd.

  • Manappuram Finance Ltd.

  • Bandhan Bank Ltd.

  • Varun Beverages Ltd.

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

  • Tata Consultancy Services Ltd.

  • Ambuja Cements Ltd.

  • Coal India Ltd.

  • UPL Ltd.

  • The Indian Hotels Company Ltd.

  • Aurobindo Pharma Ltd.

  • Samvardhana Motherson International Ltd.

  • Dalmia Bharat Ltd.

  • JSW Steel Ltd.

  • The Federal Bank Ltd.

  • Delhivery Ltd.

  • United Spirits Ltd.

  • Chambal Fertilisers and Chemicals Ltd.

  • Dixon Technologies (India) Ltd.

  • Crompton Greaves Consumer Electricals Ltd.

  • DLF Ltd.

  • Housing and Urban Development Corporation Ltd.

  • Marico Ltd.

  • IDFC First Bank Ltd.

  • Bajaj Finance Ltd.

  • Max Financial Services Ltd.

  • Jindal Stainless Ltd.

  • Mphasis Ltd.

  • Indraprastha Gas Ltd.

  • HDFC Asset Management Co. Ltd.

  • Avenue Supermarts Ltd.

  • Glenmark Pharmaceuticals Ltd.

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

  • Steel Authority of India Ltd.

  • Muthoot Finance Ltd.

  • LTIMindtree Ltd.

  • Macrotech Developers Ltd.

  • Bank of Baroda

  • KPIT Technologies Ltd.

  • LIC Housing Finance Ltd.

  • Mahindra & Mahindra Financial Services Ltd.

  • Ashok Leyland Ltd.

  • Aditya Birla Fashion and Retail Ltd.

  • Page Industries Ltd.

  • Astral Ltd.

  • Aditya Birla Capital Ltd.

  • Union Bank of India

  • Cholamandalam Investment & Finance Co. Ltd.

  • Oil India Ltd.

  • Godrej Consumer Products Ltd.

  • Bank of India

  • Yes Bank Ltd.

  • Torrent Pharmaceuticals Ltd.

  • Max Healthcare Institute Ltd.

  • Zydus Lifesciences Ltd.

  • GAIL (India) Ltd.

  • Voltas Ltd.

  • Indian Railway Catering & Tourism Corporation Ltd.

  • Biocon Ltd.

  • Syngene International Ltd.

  • Tata Chemicals Ltd.

  • Bajaj Auto Ltd.

  • Jubilant Foodworks Ltd.

  • Patanjali Foods Ltd.

  • Bosch Ltd.

  • Indian Oil Corporation Ltd.

  • NHPC Ltd.

  • Bharat Dynamics Ltd.

  • Mazagon Dock Shipbuilders Ltd.

  • Asian Paints Ltd.

  • Power Grid Corporation of India Ltd.

  • Life Insurance Corporation of India

  • Birlasoft Ltd.

  • Aarti Industries Ltd.

  • Adani Enterprises Ltd.

  • Kalyan Jewellers India Ltd.

  • Tube Investments of India Ltd.

  • Granules India Ltd.

  • Havells India Ltd.

  • Dabur India Ltd.

  • Siemens Ltd.

  • NBCC (India) Ltd.

  • Supreme Industries Ltd.

  • UNO Minda Ltd.

  • Bharat Forge Ltd.

  • HFCL Ltd.

  • Titan Company Ltd.

  • Pidilite Industries Ltd.

  • ABB India Ltd.

  • Vedanta Ltd.

  • IndusInd Bank Ltd.

  • Persistent Systems Ltd.

  • Dr. Reddy's Laboratories Ltd.

  • Mankind Pharma Ltd.

  • CESC Ltd.

  • Tata Communications Ltd.

  • BSE Ltd.

  • Cyient Ltd.

  • Fortis Healthcare Ltd.

  • Colgate Palmolive (India) Ltd.

  • Net Receivables / (Payables)

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  • Miscellaneous

  • Bank - Private

  • IT - Software

  • Finance - NBFC

  • Pharmaceuticals & Drugs

  • Insurance

  • Bank - Public

  • Power Generation/Distribution

  • Consumer Food

  • Telecommunication - Service Provider

  • Automobile Two & Three Wheelers

  • Metal - Non Ferrous

  • Refineries

  • Cement & Construction Materials

  • Steel & Iron Products

  • Construction - Real Estate

  • Defence

  • Retailing

  • Finance Term Lending

  • Finance - Housing

  • Gas Transmission/Marketing

  • Hospital & Healthcare Services

  • Chemicals

  • Airlines

  • Automobiles-Trucks/Lcv

  • Oil Exploration

  • Household & Personal Products

  • Cigarettes/Tobacco

  • Auto Ancillary

  • e-Commerce

  • Automobiles - Passenger Cars

  • Engineering - Construction

  • BPO/ITeS

  • Depository Services

  • Finance - Investment

  • Fintech

  • Tyres & Allied

  • Steel/Sponge Iron/Pig Iron

  • Diversified

  • Tea/Coffee

  • Diesel Engines

  • Aluminium & Aluminium Products

  • Port

  • Hotel, Resort & Restaurants

  • Mining & Minerals

  • Pesticides & Agrochemicals

  • Courier Services

  • Breweries & Distilleries

  • Consumer Durables - Electronics

  • Fertilizers

  • Consumer Durables - Domestic Appliances

  • Finance - Others

  • Finance - Asset Management

  • Plastic Products

  • Textile

  • Travel Services

  • Industrial Gases & Fuels

  • Air Conditioners

  • Business Support

  • Edible Oil

  • Electric Equipment

  • Paints

  • Ship Building

  • Diamond & Jewellery

  • Trading

  • Forgings

  • Telecom-Infrastructure

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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 ₹3,363.76 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(0.07%)yesterday to ₹13.511.

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