Mirae Asset Arbitrage Fund - Growth - Regular Plan

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  • Net Change on 23-10-2020

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  • Assets (Cr.)

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Fund Overview Growth | Regular 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
Nifty 50 Arbitrage Index 0.42 0.68 2.69 4.65 N/A 4.61

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 Sep 29, 2005 4.57 5.72 5.93 1.01 15,110.70
ICICI Prudential Equity Arbitrage Fund - Growth Dec 30, 2006 4.53 5.62 5.86 0.98 9,277.25
Nippon India Arbitrage Fund - Growth Plan - Growth Option Oct 14, 2010 4.53 5.87 5.95 1.02 7,167.51
IDFC Arbitrage Fund-Regular Plan- Growth Dec 21, 2006 4.07 5.56 5.72 1.08 7,164.03
HDFC ARBITRAGE FUND WHOLESALE PLAN GROWTH OPTION Oct 23, 2007 4.01 5.21 5.58 0.96 5,298.37

Fund Holdings as on 30-September-2020

  • Net Receivables / (Payables)

  • 4.806714481% HDFC Bank Limited (29/06/2021)

  • 5.062328767% The Federal Bank Limited (29/06/2021)

  • Sun Pharmaceutical Industries Limited

  • Bharti Airtel Limited

  • Reliance Industries Limited

  • ICICI Bank Limited

  • Adani Ports and Special Economic Zone Limited

  • Tech Mahindra Limited

  • Housing Development Finance Corporation Limited

  • Tata Consumer Products Limited

  • Tri Party Repo

  • Lupin Limited

  • Colgate Palmolive (India) Limited

  • Tata Chemicals Limited

  • Bajaj Auto Limited

  • Pidilite Industries Limited

  • ITC Limited

  • HDFC Bank Limited

  • Dabur India Limited

  • Sun TV Network Limited

  • Indian Oil Corporation Limited

  • National Aluminium Company Limited

  • Power Grid Corporation of India Limited

  • State Bank of India

  • Tata Steel Limited

  • Grasim Industries Limited

  • Power Finance Corporation Limited

  • United Breweries Limited

  • Divi's Laboratories Limited

  • Ambuja Cements Limited

  • ACC Limited

  • Biocon Limited

  • Aurobindo Pharma Limited

  • UPL Limited

  • Mahindra & Mahindra Financial Services Limited

  • The Federal Bank Limited

  • Sun Pharmaceutical Industries Limited November 2020 Future

  • The Federal Bank Limited

  • Mahindra & Mahindra Financial Services Limited

  • Bharti Airtel Limited November 2020 Future

  • UPL Limited

  • ITC Limited

  • Aurobindo Pharma Limited

  • National Aluminium Company Limited November 2020 Future

  • Biocon Limited

  • ACC Limited

  • Ambuja Cements Limited

  • Divi's Laboratories Limited

  • National Aluminium Company Limited

  • United Breweries Limited

  • Power Finance Corporation Limited

  • Grasim Industries Limited

  • Tata Steel Limited

  • State Bank of India November 2020 Future

  • ITC Limited November 2020 Future

  • Power Grid Corporation of India Limited

  • Indian Oil Corporation Limited

  • Sun TV Network Limited

  • Dabur India Limited

  • HDFC Bank Limited

  • Pidilite Industries Limited

  • Bajaj Auto Limited

  • Tata Chemicals Limited

  • Lupin Limited

  • Colgate Palmolive (India) Limited

  • Tata Consumer Products Limited

  • Housing Development Finance Corporation Limited

  • Tech Mahindra Limited

  • Adani Ports and Special Economic Zone Limited

  • ICICI Bank Limited

  • Reliance Industries Limited

  • Bharti Airtel Limited

  • Sun Pharmaceutical Industries Limited

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  • Miscellaneous

  • Pharmaceuticals & Drugs

  • Refineries

  • Bank - Private

  • Telecommunication - Service Provider

  • Household & Personal Products

  • Chemicals

  • Port

  • IT - Software

  • Finance - Housing

  • Consumer Food

  • Automobile Two & Three Wheelers

  • Cigarettes/Tobacco

  • TV Broadcasting & Software Production

  • Cement & Construction Materials

  • Aluminium & Aluminium Products

  • Power Generation/Distribution

  • Bank - Public

  • Steel & Iron Products

  • Diversified

  • Finance Term Lending

  • Breweries & Distilleries

  • Pesticides & Agrochemicals

  • Finance - NBFC

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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
  • 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
  • Cash

  • Deposits

  • Derivatives

  • Equity

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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 ₹232.32 crore. Mirae Asset Arbitrage Fund is benchmarked against Nifty 50 Arbitrage Index as primary index.

The NAV of Mirae Asset Arbitrage Fund ended up ₹0.01(0.13%)yesterday to ₹10.113.

Among its top 3 holdings the fund has exposure to Net Receivables / (Payables), and

The Mirae Asset Arbitrage Fund is managed by Mahendra Kumar Jajoo and Jignesh Rao.

Fund House Contact

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

022-67800300
022-67253942