Dezerv

Fund Overview

Fund Size

Fund Size

₹1,451 Cr

Expense Ratio

Expense Ratio

1.00%

ISIN

ISIN

INF769K01FP7

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

19 Jun 2020

About this fund

Mirae Asset Arbitrage Fund Regular Growth is a Arbitrage Fund mutual fund schemes offered by Mirae Asset India Mutual Fund. This fund has been in existence for 3 years and 10 months, having been launched on 19-Jun-20.
As of 18-Apr-24, it has a Net Asset Value (NAV) of ₹12.04, Assets Under Management (AUM) of 1451.16 Crores, and an expense ratio of 1%.
  • Mirae Asset Arbitrage Fund Regular Growth has given a CAGR return of 4.96% since inception.
  • The fund's asset allocation comprises around 67.85% in equities, 3.03% in debts, and 29.11% in cash & cash equivalents.
  • You can start investing in Mirae Asset Arbitrage Fund Regular Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+7.78%

+7.44%(Cat. Avg.)

3 Years

+5.42%

+5.40%(Cat. Avg.)

Since Inception

+4.96%

--%(Cat. Avg.)

Portfolio Summaryas of 31st March 2024

Equity984.66 Cr67.85%
Debt43.96 Cr3.03%
Others422.54 Cr29.12%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
TrepsCash - Repurchase Agreement174.71 Cr12.04%
Net Receivables / (Payables)Cash103.19 Cr7.11%
Mirae Asset Liquid Dir GrMutual Fund - Open End55.53 Cr3.83%
State Bank of IndiaEquity21.33 Cr1.47%
Bharat Forge LtdEquity21.12 Cr1.46%
HDFC Bank LtdEquity18.08 Cr1.25%
Zydus Lifesciences LtdEquity17.68 Cr1.22%
Samvardhana Motherson International LtdEquity15.96 Cr1.10%
Tata Communications LtdEquity15.28 Cr1.05%
Tata Consultancy Services LtdEquity14.99 Cr1.03%
6.18% Govt Stock 2024Bond - Gov't/Treasury14.92 Cr1.03%
182 DTB 06062024Bond - Gov't/Treasury14.82 Cr1.02%
Cipla LtdEquity14.6 Cr1.01%
India (Republic of)Bond - Short-term Government Bills14.54 Cr1.00%
Mahindra & Mahindra LtdEquity14.39 Cr0.99%
Adani Enterprises LtdEquity13.81 Cr0.95%
Infosys LtdEquity13.66 Cr0.94%
National Aluminium Co LtdEquity13.27 Cr0.91%
Hindalco Industries LtdEquity13.18 Cr0.91%
Ashok Leyland LtdEquity13.1 Cr0.90%
HCL Technologies LtdEquity12.97 Cr0.89%
ITC LtdEquity12.68 Cr0.87%
REC LtdEquity12.63 Cr0.87%
Sun TV Network LtdEquity12.61 Cr0.87%
LIC Housing Finance LtdEquity12.46 Cr0.86%
Hindustan Aeronautics Ltd Ordinary SharesEquity12.38 Cr0.85%
Indus Towers Ltd Ordinary SharesEquity12.37 Cr0.85%
Reliance Industries LtdEquity12.26 Cr0.84%
Multi Commodity Exchange of India LtdEquity11.92 Cr0.82%
Kotak Mahindra Bank LtdEquity11.86 Cr0.82%
Hero MotoCorp LtdEquity11.76 Cr0.81%
Larsen & Toubro LtdEquity11.07 Cr0.76%
Ambuja Cements LtdEquity11.02 Cr0.76%
ICICI Bank LtdEquity10.71 Cr0.74%
SBI Life Insurance Company LimitedEquity10.69 Cr0.74%
Bank of BarodaEquity10.66 Cr0.73%
Biocon LtdEquity10.43 Cr0.72%
Godrej Properties LtdEquity10.27 Cr0.71%
Zee Entertainment Enterprises LtdEquity10.27 Cr0.71%
Balrampur Chini Mills LtdEquity10.25 Cr0.71%
L&T Technology Services LtdEquity10.2 Cr0.70%
Vedanta LtdEquity10.12 Cr0.70%
Godrej IndustriesCash - Commercial Paper9.95 Cr0.69%
GAIL (India) LtdEquity9.94 Cr0.68%
InterGlobe Aviation LtdEquity9.9 Cr0.68%
182 DTB 30052024Bond - Gov't/Treasury9.89 Cr0.68%
India (Republic of)Bond - Short-term Government Bills9.89 Cr0.68%
India (Republic of)Bond - Short-term Government Bills9.84 Cr0.68%
Dr Reddy's Laboratories LtdEquity9.78 Cr0.67%
India (Republic of)Bond - Short-term Government Bills9.71 Cr0.67%
Cummins India LtdEquity9.29 Cr0.64%
ACC LtdEquity9.19 Cr0.63%
UltraTech Cement LtdEquity9.16 Cr0.63%
Canara BankEquity9.1 Cr0.63%
Britannia Industries LtdEquity8.94 Cr0.62%
TVS Motor Co LtdEquity8.89 Cr0.61%
JSW Steel LtdEquity8.85 Cr0.61%
Container Corporation of India LtdEquity8.82 Cr0.61%
Pidilite Industries LtdEquity8.82 Cr0.61%
Oil & Natural Gas Corp LtdEquity8.77 Cr0.60%
RBL Bank LtdEquity8.77 Cr0.60%
Eicher Motors LtdEquity8.65 Cr0.60%
ABB India LtdEquity8.59 Cr0.59%
Power Finance Corp LtdEquity8.47 Cr0.58%
Cholamandalam Investment and Finance Co LtdEquity8.46 Cr0.58%
Adani Ports & Special Economic Zone LtdEquity8.37 Cr0.58%
Info Edge (India) LtdEquity8.3 Cr0.57%
Trent LtdEquity8.21 Cr0.57%
Indian Railway Catering And Tourism Corp LtdEquity8.13 Cr0.56%
Alkem Laboratories LtdEquity8.1 Cr0.56%
Tata Motors LtdEquity8.06 Cr0.56%
NTPC LtdEquity8.06 Cr0.56%
Max Financial Services LtdEquity7.94 Cr0.55%
IDFC First Bank LtdEquity7.92 Cr0.55%
Hindustan Copper LtdEquity7.66 Cr0.53%
Tech Mahindra LtdEquity7.64 Cr0.53%
United Spirits LtdEquity7.46 Cr0.51%
Piramal Enterprises LtdEquity7.45 Cr0.51%
Steel Authority Of India LtdEquity7.41 Cr0.51%
Dixon Technologies (India) LtdEquity7.4 Cr0.51%
Glenmark Pharmaceuticals LtdEquity7.37 Cr0.51%
Apollo Hospitals Enterprise LtdEquity7.31 Cr0.50%
Punjab National BankEquity7.26 Cr0.50%
Bharti Airtel LtdEquity7.24 Cr0.50%
Indian Hotels Co LtdEquity7.21 Cr0.50%
Dr. Lal PathLabs LtdEquity7.2 Cr0.50%
The Federal Bank LtdEquity7.06 Cr0.49%
Coforge LtdEquity6.93 Cr0.48%
IDFC LtdEquity6.92 Cr0.48%
Escorts Kubota LtdEquity6.64 Cr0.46%
Shriram Finance LtdEquity6.58 Cr0.45%
Coal India LtdEquity6.56 Cr0.45%
Mahindra & Mahindra Financial Services LtdEquity6.52 Cr0.45%
Exide Industries LtdEquity6.47 Cr0.45%
Aarti Industries LtdEquity6.39 Cr0.44%
Sun Pharmaceuticals Industries LtdEquity6.35 Cr0.44%
IndusInd Bank LtdEquity6.21 Cr0.43%
Bajaj Finserv LtdEquity6.16 Cr0.42%
LTIMindtree LtdEquity6.15 Cr0.42%
Manappuram Finance LtdEquity6.13 Cr0.42%
Dalmia Bharat LtdEquity5.92 Cr0.41%
Hindustan Unilever LtdEquity5.91 Cr0.41%
NMDC LtdEquity5.81 Cr0.40%
ICICI Prudential Life Insurance Company LimitedEquity5.75 Cr0.40%
Bharat Heavy Electricals LtdEquity5.71 Cr0.39%
Bandhan Bank LtdEquity5.4 Cr0.37%
Polycab India LtdEquity5.32 Cr0.37%
Tata Power Co LtdEquity5.19 Cr0.36%
Mphasis LtdEquity5.19 Cr0.36%
182 DTB 04042024Bond - Gov't/Treasury5 Cr0.34%
182 DTB 11042024Bond - Gov't/Treasury4.99 Cr0.34%
ICICI Securities LimitedCash - Commercial Paper4.97 Cr0.34%
182 DTB 09052024Bond - Gov't/Treasury4.97 Cr0.34%
364 DTB 23052024Bond - Gov't/Treasury4.95 Cr0.34%
182 DTB 20062024Bond - Gov't/Treasury4.93 Cr0.34%
182 DTB 27062024Bond - Gov't/Treasury4.92 Cr0.34%
364 DTB 14112024Bond - Gov't/Treasury4.79 Cr0.33%
Divi's Laboratories LtdEquity4.69 Cr0.32%
Dabur India LtdEquity4.05 Cr0.28%
Astral LtdEquity3.43 Cr0.24%
Axis Bank LtdEquity3.27 Cr0.23%
L&T Finance LtdEquity3.25 Cr0.22%
Aurobindo Pharma LtdEquity3.11 Cr0.21%
Aditya Birla Capital LtdEquity3.03 Cr0.21%
IndiaMART InterMESH LtdEquity2.78 Cr0.19%
Deepak Nitrite LtdEquity2.74 Cr0.19%
Indian Energy Exchange LtdEquity2.67 Cr0.18%
Apollo Tyres LtdEquity2.22 Cr0.15%
Siemens LtdEquity2.1 Cr0.14%
ICICI Lombard General Insurance Co LtdEquity1.6 Cr0.11%
Tata Consumer Products LtdEquity1.58 Cr0.11%
Jubilant Foodworks LtdEquity1.57 Cr0.11%
PVR INOX LtdEquity1.57 Cr0.11%
Bata India LtdEquity1.43 Cr0.10%
UPL LtdEquity1.24 Cr0.09%
PI Industries LtdEquity0.58 Cr0.04%
Jindal Steel & Power LtdEquity0.21 Cr0.01%
Tata Steel LtdEquity0.09 Cr0.01%

Allocation By Market Cap (Equity)

Large Cap Stocks

37.31%

Mid Cap Stocks

24.13%

Small Cap Stocks

6.41%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services256.27 Cr17.66%
Basic Materials121.69 Cr8.39%
Consumer Cyclical115.95 Cr7.99%
Industrials112.86 Cr7.78%
Healthcare96.61 Cr6.66%
Technology85.13 Cr5.87%
Communication Services70.41 Cr4.85%
Consumer Defensive50.87 Cr3.51%
Energy41.41 Cr2.85%
Utilities23.19 Cr1.60%
Real Estate10.27 Cr0.71%

Risk & Performance Ratios

Standard Deviation

This fund

0.69%

Cat. avg.

0.81%

Lower the better

Sharpe Ratio

This fund

-0.19

Cat. avg.

0.01

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

0.32

Higher the better

Fund Managers

JR

Jignesh Rao

Since June 2020

JS

Jigar Shethia

Since June 2020

Abhishek Iyer

Abhishek Iyer

Since January 2023

Additional Scheme Detailsas of 31st March 2024

ISININF769K01FP7Expense Ratio1.00%Exit LoadNo ChargesFund Size₹1,451 CrAge19 Jun 2020Lumpsum Minimum₹5,000Fund StatusOpen Ended Investment CompanyBenchmarkNIFTY 50 Arbitrage TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Arbitrage Fund Funds

Fund nameExpense RatioExit LoadFund size
1Y
Sundaram Arbitrage Fund Regular Growth

Low Risk

0.9%0.0%₹94.27 Cr7.2%
Sundaram Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹94.27 Cr7.9%
Bank of India Arbitrage Fund Direct Growth

Low Risk

0.2%0.0%₹25.53 Cr7.6%
Bank of India Arbitrage Fund Regular Growth

Low Risk

1.0%0.0%₹25.53 Cr6.8%
Mirae Asset Arbitrage Fund Direct Growth

Low Risk

0.1%0.0%₹1451.16 Cr8.6%
Mirae Asset Arbitrage Fund Regular Growth

Low Risk

1.0%0.0%₹1451.16 Cr7.8%
Tata Arbitrage Fund Regular Growth

Low Risk

1.1%0.0%₹10755.47 Cr7.7%
Tata Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹10755.47 Cr8.5%
Mahindra Manulife Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹65.10 Cr7.1%
Mahindra Manulife Arbitrage Fund Regular Growth

Low Risk

1.2%0.0%₹65.10 Cr6.2%

About the AMC

Total AUM

₹1,67,826 Cr

Address

Unit No. 606, 6th Floor, Mumbai, 400 098

Other Funds by Mirae Asset India Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Mirae Asset Multi Asset Allocation Fund Direct Growth

Very High Risk

0.4%1.0%₹1325.63 Cr-
Mirae Asset Great Consumer Fund Direct Growth

Very High Risk

0.5%1.0%₹3182.73 Cr39.1%
Mirae Asset Cash Management Direct Growth

Low to Moderate Risk

0.1%0.0%₹6871.66 Cr7.4%
Mirae Asset Emerging Bluechip Direct Growth

Very High Risk

0.7%1.0%₹33618.78 Cr39.6%
Mirae Asset Large Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹37884.61 Cr24.5%
Mirae Asset Savings Fund Direct Growth

Moderate Risk

0.2%0.0%₹493.94 Cr7.5%
Mirae Asset Money Market Fund Direct Growth

Moderate Risk

0.2%0.0%₹106.37 Cr7.6%
Mirae Asset Focused Fund Direct Growth

Very High Risk

0.6%1.0%₹8425.01 Cr23.1%
Mirae Asset Dynamic Bond Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹157.90 Cr6.7%
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹1441.40 Cr95.4%
Mirae Asset Hybrid Equity Fund Direct Growth

Very High Risk

0.4%1.0%₹8400.93 Cr26.2%
Mirae Asset Equity Allocator Fund of Fund Direct Growth

Very High Risk

0.0%0.0%₹678.48 Cr34.9%
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth

Very High Risk

0.6%0.0%₹111.71 Cr28.8%
Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹506.21 Cr55.1%
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹792.36 Cr7.0%
Mirae Asset Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹1003.21 Cr7.6%
Mirae Asset Flexi Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹1699.82 Cr33.7%
Mirae Asset Banking and Financial Services Fund Direct Growth

Very High Risk

0.7%1.0%₹1593.76 Cr25.5%
Mirae Asset Multicap Fund Direct Growth

Very High Risk

0.5%1.0%₹2488.33 Cr-
Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Growth

Very High Risk

0.6%0.0%₹72.78 Cr51.4%
Mirae Asset Tax Saver Fund Direct Growth

Very High Risk

0.6%0.0%₹21475.97 Cr36.7%
Mirae Asset Nifty SDL Jun 2028 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹83.06 Cr7.3%
Mirae Asset Corporate Bond Fund Direct Growth

Moderate Risk

0.4%0.0%₹51.08 Cr6.9%
Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹69.33 Cr-15.7%
Mirae Asset Equity Savings Fund Direct Growth

Moderately High risk

0.3%1.0%₹930.11 Cr18.4%
Mirae Asset Banking and PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹60.35 Cr6.9%
Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth

Very High Risk

1.0%1.0%₹346.82 Cr38.1%
Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund Direct Growth

Very High Risk

0.7%1.0%₹95.84 Cr-4.0%
Mirae Asset Overnight Fund Direct Growth

Low Risk

0.0%0.0%₹593.94 Cr6.8%
Mirae Asset Short Term Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹335.66 Cr7.2%
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹225.61 Cr7.2%
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹103.03 Cr7.0%
Mirae Asset Healthcare Fund Direct Growth

Very High Risk

0.5%1.0%₹2235.15 Cr47.7%
Mirae Asset Arbitrage Fund Direct Growth

Low Risk

0.1%0.0%₹1451.16 Cr8.6%
Mirae Asset Midcap Fund Direct Growth

Very High Risk

0.6%1.0%₹14251.70 Cr49.5%
Mirae Asset Balanced Advantage Fund Direct Growth

Very High Risk

0.7%1.0%₹1534.21 Cr22.9%

Risk Level

Your principal amount will be at Low Risk

Low Risk
Wealth Monitor

Unlock Expert Insights!

Maximise Returns with our Wealth Monitor App. Try it now!

Still got questions?
We're here to help.

The NAV of Mirae Asset Arbitrage Fund Regular Growth, as of 18-Apr-2024, is ₹12.04.
The fund has generated 7.78% over the last 1 year and 5.42% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 67.85% in equities, 3.03% in bonds, and 29.11% in cash and cash equivalents.
The fund managers responsible for Mirae Asset Arbitrage Fund Regular Growth are:-
  1. Jignesh Rao
  2. Jigar Shethia
  3. Abhishek Iyer