INF769K01FS1

CASPeR Ranking #22

Mirae Asset Arbitrage Fund Direct Growth

Low Risk Arbitrage Fund Alternative

NAV (Tue Jan 14 2025)

₹13

Returns (Since Inception)

7.07%

Category Average

6.33%

Rating

NA

Allocation and Holdings

Asset class

Weightage

Unknown

17.85%

Consumer Defensive

2.68%

Financial Services

3.87%

Utilities

1.39%

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Overall rating

100K+Downloads

Scheme Information

Fund name

Mirae Asset Arbitrage Fund Direct Growth


Minimum SIP

500


Risk Level

Low Risk


AUM

₹2930.80 Cr


ISIN

INF769K01FS1


Inception Date

Jun 19 2020


Standard Deviation

0.626


Beta

-


Sharpe Ratio

1.33


Benchmark

NIFTY 50 Arbitrage TR INR


Expense Ratio

0.150%


Exit Load

0.25% if redeemed or switched out within 15 days from the date of allotment, Nil after 15 days

Risk

Low Risk

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.

Fund Managers

Mahendra Jajoo

Jignesh Rao

Jigar Shethia

About the AMC

Mirae Asset Investment Managers (India) Private Limited


Phone Number

022-6780 0300


Corporate Office Address

Mirae Asset Investment Managers (India) Private Limited.,Unit No. 606, 6th Floor,,Windsor Bldg, Off CST Road,,Kalina, Santacruz (East), Mumbai - 400 098

Overall AUM

₹2930.80 Cr


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