e.g. Tata motors, Reliance MF, 500570

Mirae Asset Arbitrage Fund - IDCW-Reinvestment

Hybrid Arbitrage Low

NAV on (No Data Available)

₹0.00

No Data Available

Fund Size

₹3474.23 Crores

1Y Returns

No Data Available%

 

Earn 1% Higher Returns on Direct Funds

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Disclaimer: Mutual Fund investments are subject to market risks. Read all scheme related documents carefully before investing.

 

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 debtand money market instruments. There is no assurance or guarantee that the investment objective of thescheme will be realized.

AMC

Mirae Asset Global Investments (India) Pvt. Ltd.

Fund Details

Launch Date

June 3, 2020

Fund Manager

Mr. Krishnpal Yadav

Initial Price

10

AUM Fund

3474.23 Cr

Min investment

Rs 5000

Expense Ratio

0.93%

SIP Minimum Investment

Monthly - Rs.99/- in multiples of Re.1/- thereafter for a minimum of 5 installments. Quarterly - Rs.99/- in multiples of Re.1/- thereafter for a minimum of 5 installments.

Exit Load

0.25% If units Redeemed or Switched Out within 15 days from the date of allotment. Nil after 15 Days.

Equity / Mid Cap funds 1Y 3Y Fund Size (Cr)
7.70% 21.59% ₹353.15
7.70% 21.59% ₹353.15
7.33% 0.00% ₹351.3
7.24% 0.00% ₹351.3
7.21% 0.00% ₹2234.19

Holdings

Net Receivables / (Payables) 23.21%
TREPS 9.21%
Mirae Asset Liquid Fund-Direct Plan-Growth 8.85%
Mirae Asset Money Market Fund-Direct Plan-Growth 4.90%
Marico Ltd. 0.92%
7.50% Grasim Industries Ltd. (MD 10/06/2027) 0.72%
6.35% HDB Financial Services Ltd. (MD 11/09/2026) 0.71%
UPL Ltd. 0.60%
Lupin Ltd. 0.57%
BSE Ltd. 0.47%
Swiggy Ltd. 0.42%
Cipla Ltd. 0.41%
Eternal Ltd. 0.36%
Bosch Ltd. 0.35%
Coforge Ltd. 0.34%
Canara Bank 0.31%
NMDC Ltd. 0.28%
REC Ltd. 0.18%
Trent Ltd. 0.14%
SRF Ltd. 0.11%
NHPC Ltd. 0.04%
DLF Ltd. 0.03%
Siemens Ltd. 0.03%
NTPC Ltd. 0.02%

Sector Allocation

Finance 7.87%
Miscellaneous 4.48%
Personal Care 2.10%
Auto 3.82%
Banks 4.91%
Metals - Non Ferrous 1.32%
Iron and Steel 1.51%
Telecommunications 1.15%
Service 3.72%
Petroleum 1.76%
Pharmaceuticals and health care 5.37%
Chemicals 1.31%
Food Processing 1.08%
Edible Fat 0.57%
Power 1.58%
Construction 0.93%
Paints and Pigments 0.49%
Beverages - Non-Alcoholic 0.44%
Auto Ancillaries 0.85%
Cement 0.69%
Information Technology 1.01%
Engineering 1.07%
Plastics 0.40%
Electric Equipment 0.91%
Consumer Durables 0.65%
Tea / Coffee 0.31%
Hospitality 0.28%
Mining 0.28%
Textiles 0.55%
Beverages - Alcoholic 0.08%
Electronics 0.08%
Gems and Jewellery 0.05%
Shipping 0.04%
Address
Unit 606, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz (E), Mumbai Maharashtra India 400098
Phone
+91 22 67800300
Fax
+91 22 67253942
Launch Date
June 3, 2020
Custodian
Deutsche Bank, SBI SG Global Securities Services Pvt.Ltd.
Registrar & Transfer Agent
KFIN Technologies Pvt. Ltd.

Frequently Asked Questions

Q: What is the current NAV of Mirae Asset Arbitrage Fund - IDCW-Reinvestment?

A: The latest NAV of Mirae Asset Arbitrage Fund - IDCW-Reinvestment is ₹ .

Q: What type of mutual fund is Mirae Asset Arbitrage Fund - IDCW-Reinvestment?

A: Mirae Asset Arbitrage Fund - IDCW-Reinvestment is a 'Hybrid - Arbitrage' type mutual fund managed by 'Mirae Asset Global Investments (India) Pvt. Ltd.'.

Q: What is the expense ratio of Mirae Asset Arbitrage Fund - IDCW-Reinvestment?

A: The expense ratio of Mirae Asset Arbitrage Fund - IDCW-Reinvestment is 0.93%, which impacts overall returns.

Q: Who manages Mirae Asset Arbitrage Fund - IDCW-Reinvestment?

A: Mirae Asset Arbitrage Fund - IDCW-Reinvestment is managed by Mr. Krishnpal Yadav, who oversees investment strategy and portfolio decisions.

Q: Is Mirae Asset Arbitrage Fund - IDCW-Reinvestment a good investment?

A: Mirae Asset Arbitrage Fund - IDCW-Reinvestment may be suitable depending on your financial goals, risk appetite, and investment horizon. Always evaluate fund performance and consult a financial advisor.

Q: What is the exit load of Mirae Asset Arbitrage Fund - IDCW-Reinvestment?

A: The exit load of Mirae Asset Arbitrage Fund - IDCW-Reinvestment is 0.25% If units Redeemed or Switched Out within 15 days from the date of allotment. Nil after 15 Days., applicable if redeemed within the specified period.

Q: How is Mirae Asset Arbitrage Fund - IDCW-Reinvestment taxed?

A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.

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