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

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

10.813 (-0.102%)

NAV on May 20, 2022

Category Alternative:
Arbitrage Fund

Investment StyleBox

Large Growth

Total Assets 395 cr

Turnover Ratio 374.27%

Expense Ratio 0.39%

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

Returns

1M: 0.32%
1Y: 4.31%
3M: 0.87%
3Y: N/A
6M: 1.93%
5Y: N/A

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Mahendra Jajoo (Since almost 2 years) Jignesh Rao (Since almost 2 years) Jigar Shethia (Since almost 2 years)

ISIN INF769K01FS1

Fund Family Mirae Asset

P/E Ratio 24.14

P/B Ratio 3.79

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.

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