Mirae Asset Arbitrage Fund Direct Growth+0.13%

1 Year Return

Fund Details

Mirae Asset Arbitrage Fund Direct Growth

RiskModerately Low
Min SIP Amount₹1000
Expense Ratio0.41%
NAV10.14 (23 Oct 2020)
Fund Started19 Jun 2020
Fund Size232 Cr


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Top Holdings

NameSectorInstrument% Assets
Sun Pharmaceutical Inds. Ltd.HealthcareEquity5.7%
Bharti Airtel Ltd.CommunicationEquity5.0%
Federal Bank Ltd.FinancialFixed Deposits4.3%
Reliance Industries Ltd.EnergyEquity3.7%
ICICI Bank Ltd.FinancialEquity3.1%
Adani Ports and Special Economic Zone Ltd.ServicesEquity3.0%
Tech Mahindra Ltd.TechnologyEquity3.0%
Housing Development Finance Corpn. Ltd.FinancialEquity2.9%
Tata Consumer Products Ltd.FMCGEquity2.9%
Lupin Ltd.HealthcareEquity2.8%
See All

Fund Managers

addMahendra Kumar Jajoo
Mr. Jajoo is a B.Com (H), CS, Chartered Accountant and CFA.
Prior to joining Mirae Asset Mutual Fund he was Director with AUM Capital Markets Ltd. and also been associated with organisations like PGIM India Mutual Fund, Tata Asset Management Company, BNP Paribas Asset Management India Pvt. Ltd., ABN Amro Securities India Pvt. Ltd. and ICICI Group.
Funds Managed

Mirae Asset Arbitrage Fund Direct Growth Details

Mirae Asset Arbitrage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 19 Jun 2020. Mahendra Kumar Jajoo is the Current Fund Manager of Mirae Asset Arbitrage Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹232 Cr and the Latest NAV as of 23 Oct 2020 is ₹10.14.

The Mirae Asset Arbitrage Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. 0.25% exit load if redeemed within 30 days.

Investment Objective

The scheme seeks 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.

Tax Implications

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Scheme Information Document(SID)

Min for First Investment
Min for Second Investment
0.25% exit load if redeemed within 30 days.
Exit Load

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Mirae Asset Arbitrage Fund Direct Growth

About Mirae Asset Mutual Fund

Unit 606, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz (E), MUMBAI 400098
Launch Date
30 Nov 2007
Mirae Asset Mutual Fund
Asset Management Company
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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