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

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

12.942 (0.077%)

NAV on November 19, 2024

Category Alternative:
Arbitrage Fund

Investment StyleBox

Large Growth

Total Assets 2,839 cr

Turnover Ratio 1543.81%

Expense Ratio 0.15%

Exit Load 0.25%if redeemed within
15 Days0.00%if redeemed after 15 Days

Returns

1M: 0.83%
1Y: 8.54%
3M: 1.94%
3Y: 6.85%
6M: 4.00%
5Y: N/A

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Jignesh Rao (Since over 4 years) Jigar Shethia (Since over 4 years) Abhishek Iyer (Since almost 2 years)

ISIN INF769K01FS1

Fund Family Mirae Asset

P/E Ratio 23.36

P/B Ratio 3.48

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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Kotak Equity Arbitrage Fund Direct Growth	38.309	8.63%	54,941 cr	0.43%	-
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