Item: Mirae Asset Arbitrage Fund Direct Growth
Rating: Unrated
Author: Morningstar

Home › Mutual Funds › Mirae Asset Mutual Fund › Mirae Asset Arbitrage Fund Direct Growth

10.084 (0.069%)

NAV on September 18, 2020

Category Alternative:
Arbitrage Fund

Investment StyleBox

Large Blend

Total Assets 237 cr

Turnover Ratio

Expense Ratio 0.42%

Exit Load 0.25%if redeemed within
30 Days0.00%if redeemed after 30 Days

Returns

1M: 0.38%
1Y: N/A
3M: N/A
3Y: N/A
6M: N/A
5Y: N/A

Min Investment 5,000

Buy Now Start SIP

ADDITIONAL INFO

Fund Manager Mahendra Jajoo (Since 3 months) Jignesh Rao (Since 3 months) Jigar Shethia (Since 3 months)

ISIN INF769K01FS1

Fund Family Mirae Asset

P/E Ratio 16.34

P/B Ratio 1.79

Launch Date June 19, 2020

Benchmark NIFTY 50 Arbitrage TR INR

INVESTMENT 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. There is no assurance or guarantee that the investment objective of the scheme will be realized

You will not receive any dividends. Your investments will get the largest benefit of compounding.

View Factsheet

Top Rated
Top Performing

-

Best Arbitrage Fund Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Tata Arbitrage Fund Direct Growth	11.204	6.17%	2,050 cr	0.38%	-
Edelweiss Arbitrage Fund Direct Growth	15.410	5.78%	3,501 cr	0.37%	-
L&T Arbitrage Opportunities Fund Direct Growth	15.238	5.78%	1,179 cr	0.44%	-
BNP Paribas Arbitrage Direct Growth	12.699	5.65%	631 cr	0.36%	-
Invesco India Arbitrage Fund - Direct Plan - Growth Option	25.474	5.50%	551 cr	0.32%	-
Nippon India Arbitrage Fund - Direct Plan - Growth	21.358	5.46%	7,384 cr	0.35%	-
UTI Arbitrage Fund - Growth Option- Direct	27.858	5.35%	2,998 cr	0.42%	-