Mirae Asset Arbitrage Fund-Reg(G)
- Hybrid
- Arbitrage Fund
- Low Risk
Fund Overview
- Assets Under Management (AUM)
- ₹3,642.60 Cr
- Expense Ratio
- 0.79%
- Riskometer
- Low
- Category
- Arbitrage Fund
- Asset Type
- Hybrid
- Benchmark
- CRISIL 1 year T-Bill Index
- SIP
- Available
- Switch
- Available
- Inception Date
- 2 Jun 2020
- ISIN
- INF769K01FP7
- Scheme Code
- AFRG
- Fund Scheme ID
- 23523
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Performance & Returns
Calculate SIP ReturnsReturns by period
| Period | Trailing Return | Absolute Return | Annualised Return | CAGR |
|---|---|---|---|---|
| 1 Month | 0.09% | 0.09% | 1.10% | 5.99% |
| 3 Months | 1.56% | 1.56% | 6.18% | 7.74% |
| 6 Months | 2.66% | 2.66% | 5.28% | 5.78% |
| 1 Year | 5.64% | 5.64% | 5.64% | 5.91% |
| 3 Years | 6.57% | 21.04% | 7.01% | 6.63% |
| 5 Years | 5.88% | 33.08% | 6.61% | 5.92% |
| Since Inception | 5.43% | 38.92% | 6.26% | 5.47% |
Past performance is not indicative of future returns.
Portfolio
Asset Allocation
99.99%
- Domestic Equities79.55%
- Domestic Mutual Funds Units13.24%
- Cash & Cash Equivalents and Net Assets7.20%
Top Sectors
- Others14.61%
- Finance11.63%
- Bank8.38%
- Automobile & Ancillaries7.40%
- Healthcare5.99%
- Miscellaneous5.83%
- Realty4.03%
- Capital Goods4.00%
Holdings
Overview of fund allocations across sectors and securities
Others
Value
₹532.18 Cr
Weightage
14.61%
Finance
Value
₹423.63 Cr
Weightage
11.63%
Bank
Value
₹305.25 Cr
Weightage
8.38%
Automobile & Ancillaries
Value
₹269.55 Cr
Weightage
7.40%
Healthcare
Value
₹218.19 Cr
Weightage
5.99%
Miscellaneous
Value
₹212.36 Cr
Weightage
5.83%
Realty
Value
₹146.80 Cr
Weightage
4.03%
Capital Goods
Value
₹145.70 Cr
Weightage
4.00%
FMCG
Value
₹133.32 Cr
Weightage
3.66%
IT
Value
₹123.48 Cr
Weightage
3.39%
Crude Oil
Value
₹117.29 Cr
Weightage
3.22%
Power
Value
₹96.89 Cr
Weightage
2.66%
Telecom
Value
₹91.43 Cr
Weightage
2.51%
Retailing
Value
₹84.87 Cr
Weightage
2.33%
Iron & Steel
Value
₹77.59 Cr
Weightage
2.13%
Consumer Durables
Value
₹64.47 Cr
Weightage
1.77%
Insurance
Value
₹60.47 Cr
Weightage
1.66%
Non - Ferrous Metals
Value
₹56.10 Cr
Weightage
1.54%
Chemicals
Value
₹48.45 Cr
Weightage
1.33%
Business Services
Value
₹41.89 Cr
Weightage
1.15%
Logistics
Value
₹41.16 Cr
Weightage
1.13%
Diamond & Jewellery
Value
₹41.16 Cr
Weightage
1.13%
Electricals
Value
₹39.34 Cr
Weightage
1.08%
Infrastructure
Value
₹38.98 Cr
Weightage
1.07%
Construction Materials
Value
₹34.97 Cr
Weightage
0.96%
Aviation
Value
₹30.96 Cr
Weightage
0.85%
Alcohol
Value
₹25.86 Cr
Weightage
0.71%
Trading
Value
₹25.50 Cr
Weightage
0.70%
Diversified
Value
₹24.04 Cr
Weightage
0.66%
Mining
Value
₹22.95 Cr
Weightage
0.63%
Agri
Value
₹16.39 Cr
Weightage
0.45%
Plastic Products
Value
₹15.30 Cr
Weightage
0.42%
Hospitality
Value
₹13.48 Cr
Weightage
0.37%
Gas Transmission
Value
₹12.02 Cr
Weightage
0.33%
Ship Building
Value
₹5.10 Cr
Weightage
0.14%
Textile
Value
₹4.74 Cr
Weightage
0.13%
About
Fund Manager(s)
Mr. Jignesh Rao, Mr. Jigar Shethia, Ms. Pranavi Kulkarni
Launch Date
2 Jun 2020
Benchmark
CRISIL 1 year T-Bill Index
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.
RISKOMETER
The riskometer indicates the level of risk associated with the fund based on historical data and portfolio composition.
Exit Load, Stamp Duty and Tax Implication
- Exit load
- 0.25% on or before 15D, Nil after 15D
- Stamp duty on investment: 0.005% (from July 1st, 2020)
- from July 1st 2020
- Tax implication
- --
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