Item: Mirae Asset Arbitrage Fund Direct Reinvestment of Income Dis cum Cptl Wrdl
Rating: Unrated
Author: Morningstar

Home › Mutual Funds › Mirae Asset Mutual Fund › Mirae Asset Arbitrage Fund Direct Reinvestment of Income Dis cum Cptl Wrdl

12.995 (0.131%)

NAV on December 20, 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: 0.55%
1Y: 8.35%
3M: 1.80%
3Y: 6.92%
6M: 3.76%
5Y: N/A

Min Investment 5,000

Buy Now Start SIP

ADDITIONAL INFO

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

ISIN INF769K01FT9

Fund Family Mirae Asset

P/E Ratio 21.99

P/B Ratio 3.24

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.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

View Factsheet

Top Rated
Top Performing

-

Best Arbitrage Fund Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Kotak Equity Arbitrage Fund Direct Growth	38.524	8.51%	54,915 cr	0.43%	-
Edelweiss Arbitrage Fund Direct Growth	20.010	8.43%	12,199 cr	0.38%	-
Tata Arbitrage Fund Direct Growth	14.531	8.37%	12,432 cr	0.3%	-
Invesco India Arbitrage Fund Direct Plan Growth Option	33.201	8.34%	18,252 cr	0.39%	-
Mirae Asset Arbitrage Fund Direct Growth	13.013	8.34%	2,839 cr	0.15%	-
Bandhan Arbitrage Fund - Direct Plan - Growth	33.788	8.33%	7,524 cr	0.37%	-
Aditya Birla Sun Life Arbitrage Fund Direct Plan Growth	27.534	8.32%	13,351 cr	0.29%	-