Mirae Asset Arbitrage Fund - Growth - Regular Plan

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  • Net Change on 16-07-2024

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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
Crisil 1 Yr T-Bill Index N/A N/A N/A N/A N/A N/A
Nifty 50 Arbitrage 0.29 1.85 8.18 5.97 5.08 5.18

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 7.96 6.02 5.42 1.01 47,999.69
SBI Arbitrage Opportunities Fund - Regular Plan - Gr Nov 03, 2006 7.69 6.07 5.22 0.96 32,594.14
Nippon India Arbitrage Fund - Growth Plan - Growth Option Oct 14, 2010 7.61 5.70 5.19 1.06 15,072.15
Edelweiss Arbitrage Fund- Regular Plan- Growth Option Jun 27, 2014 7.75 5.85 5.34 1.04 11,876.18
Tata Arbitrage Fund-Regular Plan-Growth Dec 18, 2018 7.60 5.63 5.31 1.07 11,519.47

Fund Holdings as on 30-June-2024

  • TREPS

  • Mirae Asset Liquid Fund - Direct Growth

  • Vodafone Idea Limited

  • ICICI Bank Limited

  • Power Finance Corporation Limited

  • Reliance Industries Limited

  • Polycab India Limited

  • Coal India Limited

  • Steel Authority of India Limited

  • Biocon Limited

  • Angel One Limited (12/09/2024) **

  • Maruti Suzuki India Limited

  • Hindalco Industries Limited

  • HDFC Asset Management Company Limited

  • Kotak Mahindra Bank Limited

  • HDFC Bank Limited

  • State Bank of India

  • InterGlobe Aviation Limited

  • Infosys Limited

  • Bandhan Bank Limited

  • 182 Days Tbill (MD 19/09/2024)

  • 364 Days Tbill (MD 03/10/2024)

  • Hindustan Aeronautics Limited

  • Info Edge (India) Limited

  • Adani Ports and Special Economic Zone Limited

  • Deepak Nitrite Limited

  • Apollo Hospitals Enterprise Limited

  • Indian Railway Catering And Tourism Corporation Limited

  • Ashok Leyland Limited

  • Bank of Baroda

  • Indraprastha Gas Limited

  • United Spirits Limited

  • ACC Limited

  • GMR Airports Infrastructure Limited

  • Marico Limited

  • LIC Housing Finance Limited

  • Wipro Limited

  • Tata Steel Limited

  • Vedanta Limited

  • JSW Steel Limited

  • Dixon Technologies (India) Limited

  • Sun Pharmaceutical Industries Limited

  • 6.18% Government of India (04/11/2024)

  • 182 Days Tbill (MD 12/09/2024)

  • Axis Bank Limited

  • Multi Commodity Exchange of India Limited

  • The Federal Bank Limited

  • Bharat Electronics Limited

  • NMDC Limited

  • Aditya Birla Capital Limited

  • Adani Enterprises Limited

  • Tata Chemicals Limited

  • Shriram Finance Limited

  • Jindal Steel & Power Limited

  • REC Limited

  • Hindustan Copper Limited

  • Colgate Palmolive (India) Limited

  • Lupin Limited

  • Apollo Tyres Limited

  • Exide Industries Limited

  • Balrampur Chini Mills Limited

  • Canara Bank

  • Britannia Industries Limited

  • TVS Motor Company Limited

  • Indus Towers Limited

  • Bharti Airtel Limited

  • DLF Limited

  • ABB India Limited

  • Zydus Lifesciences Limited

  • ITC Limited

  • Voltas Limited

  • Hindustan Unilever Limited

  • SBI Life Insurance Company Limited

  • Tata Consultancy Services Limited

  • Cipla Limited

  • Larsen & Toubro Limited

  • Hero MotoCorp Limited

  • Shree Cement Limited

  • Gujarat Narmada Valley Fertilizers and Chemicals Limited

  • Siemens Limited

  • 91 Days Tbill (MD 12/07/2024)

  • National Aluminium Company Limited

  • 182 Days Tbill (MD 01/08/2024)

  • ICICI Lombard General Insurance Company Limited

  • 91 Days Tbill (MD 15/08/2024)

  • 182 Days Tbill (MD 29/08/2024)

  • 182 Days Tbill (MD 05/09/2024)

  • 182 Days Tbill (MD 26/09/2024)

  • Nestle India Limited

  • Max Financial Services Limited

  • Manappuram Finance Limited

  • Dabur India Limited

  • Oil & Natural Gas Corporation Limited

  • Titan Company Limited

  • PVR INOX Limited

  • NTPC Limited

  • Aurobindo Pharma Limited

  • Eicher Motors Limited

  • Godrej Properties Limited

  • MphasiS Limited

  • Dr. Reddy's Laboratories Limited

  • Escorts Kubota Limited

  • SRF Limited

  • Grasim Industries Limited

  • IDFC Limited

  • Piramal Enterprises Limited

  • Dalmia Bharat Limited

  • Bajaj Finserv Limited

  • Trent Limited

  • Indian Oil Corporation Limited

  • Bajaj Finance Limited

  • Punjab National Bank

  • Aarti Industries Limited

  • Bharat Heavy Electricals Limited

  • 364 Days Tbill (MD 14/11/2024)

  • Crompton Greaves Consumer Electricals Limited

  • Bharat Petroleum Corporation Limited

  • Ambuja Cements Limited

  • PI Industries Limited

  • Bajaj Auto Limited

  • Tata Communications Limited

  • Indian Energy Exchange Limited

  • Laurus Labs Limited

  • Atul Limited

  • Mahanagar Gas Limited

  • Metropolis Healthcare Limited

  • Balkrishna Industries Limited

  • Tech Mahindra Limited

  • Alkem Laboratories Limited

  • RBL Bank Limited

  • Muthoot Finance Limited

  • UPL Limited

  • IndusInd Bank Limited

  • Birlasoft Limited

  • The Indian Hotels Company Limited

  • L&T Finance Limited

  • Havells India Limited

  • Pidilite Industries Limited

  • LTIMindtree Limited

  • Hindustan Petroleum Corporation Limited

  • Net Receivables / (Payables)

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  • Miscellaneous

  • Bank - Private

  • Pharmaceuticals & Drugs

  • Telecommunication - Service Provider

  • Finance - NBFC

  • IT - Software

  • Bank - Public

  • Steel & Iron Products

  • Metal - Non Ferrous

  • Chemicals

  • Finance Term Lending

  • Refineries

  • Mining & Minerals

  • Cement & Construction Materials

  • Consumer Food

  • Automobile Two & Three Wheelers

  • Household & Personal Products

  • Cable

  • Automobiles - Passenger Cars

  • Finance - Asset Management

  • Hospital & Healthcare Services

  • Electric Equipment

  • Gas Transmission/Marketing

  • Airlines

  • Insurance

  • Engineering - Industrial Equipments

  • Defence

  • BPO/ITeS

  • Construction - Real Estate

  • Port

  • Travel Services

  • Automobiles-Trucks/Lcv

  • Breweries & Distilleries

  • Airport Management Services

  • Finance - Housing

  • Consumer Durables - Electronics

  • Tyres & Allied

  • Finance - Stock Broking

  • Trading

  • Steel/Sponge Iron/Pig Iron

  • Power Generation/Distribution

  • Batteries

  • Sugar

  • Air Conditioners

  • Cigarettes/Tobacco

  • Engineering - Construction

  • Fertilizers

  • Aluminium & Aluminium Products

  • Finance - Others

  • Diamond & Jewellery

  • Oil Exploration

  • Film Production, Distribution & Entertainment

  • Automobiles-Tractors

  • Diversified

  • Finance - Investment

  • Retailing

  • Pesticides & Agrochemicals

  • Consumer Durables - Domestic Appliances

  • Hotel, Resort & Restaurants

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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

  • CRISIL A1+

  • 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 ₹2,114.07 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(0.06%)yesterday to ₹12.248.

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

The Mirae Asset Arbitrage Fund is managed by Jignesh Rao and Jigar Shethia.

Fund House Contact

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

022-67800300
022-67253940