Mirae Asset Arbitrage Fund Direct Growth

Mirae Asset Arbitrage Fund Direct Growth

+7.67%
3Y annualised
+0.10% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 02 Apr '26
₹14.18
Min. for SIP
₹99
Fund size (AUM)
₹3,833.92 Cr
Expense ratio
0.13%
Rating
2

Return calculator

Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
6 months₹30,000₹30,456
+1.52%
1 year₹60,000₹61,886
+3.14%
3 years₹1,80,000₹2,00,231
+11.24%
5 years₹3,00,000₹3,57,817
+19.27%

Holdings (356)

NameSectorInstrumentsAssets
Mirae Asset Liquid Fund Direct- Growth--Mutual Fund8.50%
Mirae Asset Money Market Fund Direct - Growth--Mutual Fund4.42%
HDFC Bank Ltd.FinancialEquity3.34%
Marico Ltd.Consumer StaplesEquity1.19%
Interglobe Aviation Ltd.ServicesEquity1.13%
State Bank of IndiaFinancialEquity1.10%
Muthoot Finance Ltd.FinancialEquity1.01%
Housing & Urban Development Corporation Ltd.FinancialEquity0.98%
SBI Life Insurance Company Ltd.InsuranceEquity0.92%
NTPC Ltd.EnergyEquity0.82%
Oil And Natural Gas Corporation Ltd.EnergyEquity0.81%
Sammaan Capital Ltd.FinancialEquity0.80%
Kotak Mahindra Bank Ltd.FinancialEquity0.79%
Eicher Motors Ltd.AutomobileEquity0.78%
Apollo Hospitals Enterprise Ltd.HealthcareEquity0.77%
Maruti Suzuki India Ltd.AutomobileEquity0.75%
Steel Authority Of India Ltd.Metals & MiningEquity0.74%
Coforge Ltd.TechnologyEquity0.73%
Tata Steel Ltd.Metals & MiningEquity0.72%
FSN E-Commerce Ventures Ltd.ServicesEquity0.71%
Shriram Finance LtdFinancialEquity0.70%
Waaree Energies Ltd.EnergyEquity0.69%
Polycab India Ltd.Capital GoodsEquity0.68%
JSW Steel Ltd.Metals & MiningEquity0.68%
UPL Ltd.ChemicalsEquity0.68%
ITC Ltd.Consumer StaplesEquity0.67%
Axis Bank Ltd.FinancialEquity0.67%
Eternal Ltd.ServicesEquity0.67%
Dr. Reddy's Laboratories Ltd.HealthcareEquity0.66%
Grasim Industries Ltd.ConstructionDebenture0.66%
ICICI Bank Ltd.FinancialEquity0.65%
HDB Financial Services Ltd.FinancialDebenture0.65%
Titan Company Ltd.Consumer DiscretionaryEquity0.63%
Indus Towers Ltd.CommunicationEquity0.63%
Infosys Ltd.TechnologyEquity0.63%
Hindalco Industries Ltd.Metals & MiningEquity0.61%
Premier Energies Ltd.EnergyEquity0.61%
Delhivery Ltd.ServicesEquity0.60%
Reliance Industries Ltd.EnergyEquity0.60%
Bajaj Finance Ltd.FinancialEquity0.59%
TVS Motor Company Ltd.AutomobileEquity0.59%
Patanjali Foods Ltd.Consumer StaplesEquity0.57%
Glenmark Pharmaceuticals Ltd.HealthcareEquity0.57%
Bajaj Finserv Ltd.FinancialEquity0.57%
Torrent Pharmaceuticals Ltd.HealthcareEquity0.57%
Grasim Industries Ltd.ConstructionEquity0.57%
Cummins India Ltd.Capital GoodsEquity0.56%
Lupin Ltd.HealthcareEquity0.56%
Page Industries Ltd.TextilesEquity0.56%
Cholamandalam Investment and Finance Company Ltd.FinancialEquity0.55%
Britannia Industries Ltd.Consumer StaplesEquity0.54%
Larsen & Toubro Ltd.ConstructionEquity0.53%
Crompton Greaves Consumer Electricals Ltd.Consumer DiscretionaryEquity0.53%
Bharti Airtel Ltd.CommunicationEquity0.52%
Sun Pharmaceutical Industries Ltd.HealthcareEquity0.52%
Hindustan Zinc Ltd.Metals & MiningEquity0.52%
Multi Commodity Exchange Of India Ltd.ServicesEquity0.52%
PB Fintech Ltd.ServicesEquity0.51%
Blue Star Ltd.Consumer DiscretionaryEquity0.51%
Ambuja Cements Ltd.ConstructionEquity0.49%
Aurobindo Pharma Ltd.HealthcareEquity0.49%
HDFC Life Insurance Co Ltd.InsuranceEquity0.49%
Trent Ltd.ServicesEquity0.49%
Hindustan Aeronautics Ltd.Capital GoodsEquity0.49%
Kaynes Technology India Ltd.Capital GoodsEquity0.49%
Asian Paints Ltd.ChemicalsEquity0.49%
Bharat Forge Ltd.AutomobileEquity0.49%
PG Electroplast Ltd.Capital GoodsEquity0.49%
Canara BankFinancialEquity0.48%
Indian BankFinancialEquity0.48%
Bajaj Holdings & Investment Ltd.FinancialEquity0.48%
Laurus Labs Ltd.HealthcareEquity0.48%
Angel One Ltd.FinancialEquity0.48%
Hitachi Energy India Ltd.Capital GoodsEquity0.48%
Varun Beverages Ltd.Consumer StaplesEquity0.47%
UNO Minda Ltd.AutomobileEquity0.46%
Aditya Birla Capital Ltd.FinancialEquity0.45%
Bharat Electronics Ltd.Capital GoodsEquity0.45%
Power Finance Corporation Ltd.FinancialEquity0.44%
PNB Housing Finance Ltd.FinancialEquity0.44%
Bharat Petroleum Corporation Ltd.EnergyEquity0.44%
Adani Ports and Special Economic Zone Ltd.ServicesEquity0.44%
Tata Motors Passenger Vehicles Ltd.AutomobileEquity0.43%
Mahindra & Mahindra Ltd.AutomobileEquity0.43%
HDFC Asset Management Company Ltd.FinancialEquity0.43%
Divi's Laboratories Ltd.HealthcareEquity0.42%
Mphasis Ltd.TechnologyEquity0.42%
Coal India Ltd.EnergyEquity0.42%
LIC Housing Finance Ltd.FinancialEquity0.41%
Ultratech Cement Ltd.ConstructionEquity0.41%
Cipla Ltd.HealthcareEquity0.41%
Nestle India Ltd.Consumer StaplesEquity0.40%
Bosch Ltd.AutomobileEquity0.40%
ICICI Prudential Life Insurance Company Ltd.InsuranceEquity0.40%
KPIT Technologies Ltd.TechnologyEquity0.40%
Hindustan Unilever Ltd.Consumer StaplesEquity0.39%
Suzlon Energy Ltd.Capital GoodsEquity0.39%
Max Financial Services Ltd.FinancialEquity0.39%
Life Insurance Corporation of IndiaInsuranceEquity0.38%
BSE Ltd.ServicesEquity0.38%
Prestige Estates Projects Ltd.ConstructionEquity0.38%
Adani Green Energy Ltd.Capital GoodsEquity0.38%
Persistent Systems Ltd.TechnologyEquity0.37%
Info Edge (India) Ltd.ServicesEquity0.37%
RBL Bank Ltd.FinancialEquity0.37%
JIO Financial Services Ltd.FinancialEquity0.36%
DLF Ltd.ConstructionEquity0.36%
Samvardhana Motherson International Ltd.AutomobileEquity0.36%
Hero Motocorp Ltd.AutomobileEquity0.35%
Lodha Developers Ltd.ConstructionEquity0.34%
Sona BLW Precision Forgings Ltd.AutomobileEquity0.34%
Tech Mahindra Ltd.TechnologyEquity0.34%
SRF Ltd.ChemicalsEquity0.34%
GAIL (India) Ltd.EnergyEquity0.34%
ICICI Lombard General Insurance Company Ltd.InsuranceEquity0.32%
Tata Consumer Products Ltd.Consumer StaplesEquity0.32%
Mazagon Dock Shipbuilders Ltd.Capital GoodsEquity0.32%
CG Power and Industrial Solutions Ltd.Capital GoodsEquity0.32%
Union Bank of IndiaFinancialEquity0.32%
Amber Enterprises India Ltd.Consumer DiscretionaryEquity0.30%
Siemens Ltd.Capital GoodsEquity0.30%
Manappuram Finance Ltd.FinancialEquity0.30%
Hindustan Petroleum Corporation Ltd.EnergyEquity0.29%
Alkem Laboratories Ltd.HealthcareEquity0.29%
Max Healthcare Institute Ltd.HealthcareEquity0.29%
Exide Industries Ltd.Capital GoodsEquity0.28%
Bandhan Bank Ltd.FinancialEquity0.28%
Bank Of BarodaFinancialEquity0.28%
Fortis Healthcare Ltd.HealthcareEquity0.28%
National Aluminium Company Ltd.Metals & MiningEquity0.28%
Bank of IndiaFinancialEquity0.28%
NMDC Ltd.Metals & MiningEquity0.27%
APL Apollo Tubes Ltd.Metals & MiningEquity0.27%
JSW Energy Ltd.Capital GoodsEquity0.27%
The Federal Bank Ltd.FinancialEquity0.27%
Voltas Ltd.Consumer DiscretionaryEquity0.27%
Adani Energy Solutions Ltd.EnergyEquity0.27%
Godrej Consumer Products Ltd.Consumer StaplesEquity0.26%
360 One Wam Ltd.FinancialEquity0.26%
REC Ltd.FinancialEquity0.25%
IDFC First Bank Ltd.FinancialEquity0.25%
United Spirits Ltd.Consumer StaplesEquity0.25%
One97 Communications Ltd.ServicesEquity0.25%
Power Grid Corporation Of India Ltd.EnergyEquity0.24%
Zydus Lifesciences Ltd.HealthcareEquity0.24%
Dixon Technologies (India) Ltd.Capital GoodsEquity0.24%
Biocon Ltd.HealthcareEquity0.24%
Computer Age Management Services Ltd.ServicesEquity0.24%
Havells India Ltd.Capital GoodsEquity0.23%
Indusind Bank Ltd.FinancialEquity0.23%
Indian Oil Corporation Ltd.EnergyEquity0.22%
Dalmia Bharat Ltd.ConstructionEquity0.22%
Bharat Heavy Electricals Ltd.Capital GoodsEquity0.22%
NBCC (India) Ltd.ConstructionEquity0.22%
Inox Wind Ltd.Capital GoodsEquity0.20%
NHPC Ltd.EnergyEquity0.19%
Godrej Properties Ltd.ConstructionEquity0.18%
Solar Industries India Ltd.ChemicalsEquity0.18%
Supreme Industries Ltd.ChemicalsEquity0.14%
Pidilite Industries Ltd.ChemicalsEquity0.13%
ABB India Ltd.Capital GoodsEquity0.13%
AU Small Finance Bank Ltd.FinancialEquity0.13%
Vodafone Idea Ltd.CommunicationEquity0.12%
Mankind Pharma Ltd.HealthcareEquity0.12%
Tube Investments Of India Ltd.AutomobileEquity0.12%
Nuvama Wealth Management Ltd.FinancialEquity0.12%
Oil India Ltd.EnergyEquity0.11%
LTIMindtree Ltd.TechnologyEquity0.09%
Punjab National BankFinancialEquity0.07%
Oracle Financial Services Software Ltd.TechnologyEquity0.06%
Syngene International Ltd.HealthcareEquity0.06%
Yes Bank Ltd.FinancialEquity0.05%
The Phoenix Mills Ltd.ConstructionEquity0.04%
Jindal Steel Ltd.Metals & MiningEquity0.04%
Kalyan Jewellers India Ltd.Consumer DiscretionaryEquity0.04%
Tata Power Company Ltd.EnergyEquity0.03%
Indian Energy Exchange Ltd.ServicesEquity0.01%
Bharat Dynamics Ltd.Capital GoodsEquity0.01%
HCL Technologies Ltd.TechnologyEquity0.01%
Container Corporation Of India Ltd.ServicesEquity0.00%
Container Corporation Of India Ltd.ServicesFutures-0.00%
HCL Technologies Ltd.TechnologyFutures-0.01%
Bharat Dynamics Ltd.Capital GoodsFutures-0.01%
Indian Energy Exchange Ltd.ServicesFutures-0.01%
Tata Power Company Ltd.EnergyFutures-0.03%
Kalyan Jewellers India Ltd.Consumer DiscretionaryFutures-0.04%
Jindal Steel Ltd.Metals & MiningFutures-0.04%
The Phoenix Mills Ltd.ConstructionFutures-0.04%
Yes Bank Ltd.FinancialFutures-0.05%
Syngene International Ltd.HealthcareFutures-0.06%
Oracle Financial Services Software Ltd.TechnologyFutures-0.06%
Punjab National BankFinancialFutures-0.07%
LTIMindtree Ltd.TechnologyFutures-0.09%
Nuvama Wealth Management Ltd.FinancialFutures-0.12%
Oil India Ltd.EnergyFutures-0.12%
Tube Investments Of India Ltd.AutomobileFutures-0.12%
Mankind Pharma Ltd.HealthcareFutures-0.12%
Vodafone Idea Ltd.CommunicationFutures-0.12%
AU Small Finance Bank Ltd.FinancialFutures-0.13%
ABB India Ltd.Capital GoodsFutures-0.13%
Pidilite Industries Ltd.ChemicalsFutures-0.13%
Supreme Industries Ltd.ChemicalsFutures-0.14%
Solar Industries India Ltd.ChemicalsFutures-0.18%
Godrej Properties Ltd.ConstructionFutures-0.18%
NHPC Ltd.EnergyFutures-0.19%
Inox Wind Ltd.Capital GoodsFutures-0.20%
NBCC (India) Ltd.ConstructionFutures-0.22%
Dalmia Bharat Ltd.ConstructionFutures-0.22%
Bharat Heavy Electricals Ltd.Capital GoodsFutures-0.22%
Indian Oil Corporation Ltd.EnergyFutures-0.22%
Indusind Bank Ltd.FinancialFutures-0.23%
Havells India Ltd.Capital GoodsFutures-0.23%
Computer Age Management Services Ltd.ServicesFutures-0.24%
Dixon Technologies (India) Ltd.Capital GoodsFutures-0.24%
Biocon Ltd.HealthcareFutures-0.24%
Zydus Lifesciences Ltd.HealthcareFutures-0.24%
Power Grid Corporation Of India Ltd.EnergyFutures-0.24%
One97 Communications Ltd.ServicesFutures-0.25%
United Spirits Ltd.Consumer StaplesFutures-0.25%
IDFC First Bank Ltd.FinancialFutures-0.25%
REC Ltd.FinancialFutures-0.25%
360 One Wam Ltd.FinancialFutures-0.26%
Godrej Consumer Products Ltd.Consumer StaplesFutures-0.26%
Adani Energy Solutions Ltd.EnergyFutures-0.27%
Voltas Ltd.Consumer DiscretionaryFutures-0.27%
The Federal Bank Ltd.FinancialFutures-0.27%
JSW Energy Ltd.Capital GoodsFutures-0.27%
APL Apollo Tubes Ltd.Metals & MiningFutures-0.27%
NMDC Ltd.Metals & MiningFutures-0.28%
Bank of IndiaFinancialFutures-0.28%
National Aluminium Company Ltd.Metals & MiningFutures-0.28%
Fortis Healthcare Ltd.HealthcareFutures-0.28%
Bank Of BarodaFinancialFutures-0.28%
Bandhan Bank Ltd.FinancialFutures-0.28%
Exide Industries Ltd.Capital GoodsFutures-0.28%
Max Healthcare Institute Ltd.HealthcareFutures-0.29%
Alkem Laboratories Ltd.HealthcareFutures-0.29%
Hindustan Petroleum Corporation Ltd.EnergyFutures-0.29%
Manappuram Finance Ltd.FinancialFutures-0.30%
Siemens Ltd.Capital GoodsFutures-0.30%
Amber Enterprises India Ltd.Consumer DiscretionaryFutures-0.30%
Union Bank of IndiaFinancialFutures-0.32%
Mazagon Dock Shipbuilders Ltd.Capital GoodsFutures-0.32%
CG Power and Industrial Solutions Ltd.Capital GoodsFutures-0.32%
Tata Consumer Products Ltd.Consumer StaplesFutures-0.32%
ICICI Lombard General Insurance Company Ltd.InsuranceFutures-0.32%
GAIL (India) Ltd.EnergyFutures-0.34%
SRF Ltd.ChemicalsFutures-0.34%
Tech Mahindra Ltd.TechnologyFutures-0.34%
Sona BLW Precision Forgings Ltd.AutomobileFutures-0.34%
Lodha Developers Ltd.ConstructionFutures-0.35%
Hero Motocorp Ltd.AutomobileFutures-0.35%
Samvardhana Motherson International Ltd.AutomobileFutures-0.36%
DLF Ltd.ConstructionFutures-0.36%
JIO Financial Services Ltd.FinancialFutures-0.37%
Info Edge (India) Ltd.ServicesFutures-0.37%
RBL Bank Ltd.FinancialFutures-0.37%
Persistent Systems Ltd.TechnologyFutures-0.37%
Adani Green Energy Ltd.Capital GoodsFutures-0.38%
Prestige Estates Projects Ltd.ConstructionFutures-0.38%
BSE Ltd.ServicesFutures-0.38%
Life Insurance Corporation of IndiaInsuranceFutures-0.38%
Max Financial Services Ltd.FinancialFutures-0.39%
Suzlon Energy Ltd.Capital GoodsFutures-0.39%
Hindustan Unilever Ltd.Consumer StaplesFutures-0.39%
KPIT Technologies Ltd.TechnologyFutures-0.40%
Bosch Ltd.AutomobileFutures-0.40%
ICICI Prudential Life Insurance Company Ltd.InsuranceFutures-0.40%
Nestle India Ltd.Consumer StaplesFutures-0.40%
Cipla Ltd.HealthcareFutures-0.41%
Ultratech Cement Ltd.ConstructionFutures-0.41%
LIC Housing Finance Ltd.FinancialFutures-0.41%
Coal India Ltd.EnergyFutures-0.42%
Mphasis Ltd.TechnologyFutures-0.42%
Divi's Laboratories Ltd.HealthcareFutures-0.43%
HDFC Asset Management Company Ltd.FinancialFutures-0.43%
Mahindra & Mahindra Ltd.AutomobileFutures-0.43%
Tata Motors Passenger Vehicles Ltd.AutomobileFutures-0.43%
Adani Ports and Special Economic Zone Ltd.ServicesFutures-0.44%
Bharat Petroleum Corporation Ltd.EnergyFutures-0.44%
Power Finance Corporation Ltd.FinancialFutures-0.44%
PNB Housing Finance Ltd.FinancialFutures-0.45%
Bharat Electronics Ltd.Capital GoodsFutures-0.45%
Aditya Birla Capital Ltd.FinancialFutures-0.45%
UNO Minda Ltd.AutomobileFutures-0.46%
Varun Beverages Ltd.Consumer StaplesFutures-0.48%
Angel One Ltd.FinancialFutures-0.48%
Hitachi Energy India Ltd.Capital GoodsFutures-0.48%
Laurus Labs Ltd.HealthcareFutures-0.48%
Indian BankFinancialFutures-0.48%
Bajaj Holdings & Investment Ltd.FinancialFutures-0.48%
PG Electroplast Ltd.Capital GoodsFutures-0.49%
Bharat Forge Ltd.AutomobileFutures-0.49%
Canara BankFinancialFutures-0.49%
Kaynes Technology India Ltd.Capital GoodsFutures-0.49%
Asian Paints Ltd.ChemicalsFutures-0.49%
Hindustan Aeronautics Ltd.Capital GoodsFutures-0.49%
Trent Ltd.ServicesFutures-0.49%
HDFC Life Insurance Co Ltd.InsuranceFutures-0.49%
Ambuja Cements Ltd.ConstructionFutures-0.49%
Aurobindo Pharma Ltd.HealthcareFutures-0.49%
Blue Star Ltd.Consumer DiscretionaryFutures-0.51%
PB Fintech Ltd.ServicesFutures-0.52%
Multi Commodity Exchange Of India Ltd.ServicesFutures-0.52%
Hindustan Zinc Ltd.Metals & MiningFutures-0.52%
Sun Pharmaceutical Industries Ltd.HealthcareFutures-0.53%
Bharti Airtel Ltd.CommunicationFutures-0.53%
Crompton Greaves Consumer Electricals Ltd.Consumer DiscretionaryFutures-0.53%
Larsen & Toubro Ltd.ConstructionFutures-0.53%
Britannia Industries Ltd.Consumer StaplesFutures-0.54%
Cholamandalam Investment and Finance Company Ltd.FinancialFutures-0.55%
Page Industries Ltd.TextilesFutures-0.56%
Lupin Ltd.HealthcareFutures-0.57%
Cummins India Ltd.Capital GoodsFutures-0.57%
Grasim Industries Ltd.ConstructionFutures-0.57%
Torrent Pharmaceuticals Ltd.HealthcareFutures-0.57%
Bajaj Finserv Ltd.FinancialFutures-0.57%
Patanjali Foods Ltd.Consumer StaplesFutures-0.57%
Glenmark Pharmaceuticals Ltd.HealthcareFutures-0.58%
TVS Motor Company Ltd.AutomobileFutures-0.59%
Bajaj Finance Ltd.FinancialFutures-0.60%
Reliance Industries Ltd.EnergyFutures-0.60%
Delhivery Ltd.ServicesFutures-0.60%
Premier Energies Ltd.EnergyFutures-0.61%
Hindalco Industries Ltd.Metals & MiningFutures-0.62%
Infosys Ltd.TechnologyFutures-0.64%
Titan Company Ltd.Consumer DiscretionaryFutures-0.64%
Indus Towers Ltd.CommunicationFutures-0.64%
ICICI Bank Ltd.FinancialFutures-0.65%
Dr. Reddy's Laboratories Ltd.HealthcareFutures-0.66%
Eternal Ltd.ServicesFutures-0.67%
ITC Ltd.Consumer StaplesFutures-0.68%
Axis Bank Ltd.FinancialFutures-0.68%
UPL Ltd.ChemicalsFutures-0.68%
JSW Steel Ltd.Metals & MiningFutures-0.68%
Polycab India Ltd.Capital GoodsFutures-0.68%
Waaree Energies Ltd.EnergyFutures-0.69%
Shriram Finance LtdFinancialFutures-0.70%
FSN E-Commerce Ventures Ltd.ServicesFutures-0.72%
Tata Steel Ltd.Metals & MiningFutures-0.72%
Coforge Ltd.TechnologyFutures-0.73%
Steel Authority Of India Ltd.Metals & MiningFutures-0.75%
Maruti Suzuki India Ltd.AutomobileFutures-0.76%
Apollo Hospitals Enterprise Ltd.HealthcareFutures-0.77%
Eicher Motors Ltd.AutomobileFutures-0.79%
Kotak Mahindra Bank Ltd.FinancialFutures-0.80%
Sammaan Capital Ltd.FinancialFutures-0.80%
Oil And Natural Gas Corporation Ltd.EnergyFutures-0.81%
NTPC Ltd.EnergyFutures-0.82%
SBI Life Insurance Company Ltd.InsuranceFutures-0.92%
Housing & Urban Development Corporation Ltd.FinancialFutures-0.98%
Muthoot Finance Ltd.FinancialFutures-1.01%
State Bank of IndiaFinancialFutures-1.11%
Interglobe Aviation Ltd.ServicesFutures-1.13%
Marico Ltd.Consumer StaplesFutures-1.20%
HDFC Bank Ltd.FinancialFutures-3.37%
See All

Minimum investments

Min. for 1st investment
₹5,000
Min. for 2nd investment
₹1,000
Min. for SIP
₹99

Returns and rankings

Annualised returns
Absolute returns
Name1Y3Y5YAll
Fund returns+6.7%+7.7%+6.6%+6.2%
Category average (Hybrid Arbitrage)+6.1%+6.8%+5.6%--
Rank (Hybrid Arbitrage)1479--

Exit load, stamp duty and tax

Exit load

Exit load of 0.25%, if redeemed within 15 days.

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Check past data

Compare similar funds

Fund management

JNR
Jignesh N. Rao
Jun 2020 - Present
View details

Education
Mr. Rao has done B.Sc and PGDBA
Experience
Prior to joining Mirae Asset Mutual Fund, he was associated with Motilal Oswal Asset Management Company Ltd. as Dealer – Equity

JS
Jigar Shethia
Jun 2020 - Present
View details

Education
Mr. Shethia is a BCOM & CFA Level 3
Experience
Prior to joining Mirae Asset Mutual Fund, he has worked with Sushil Financial Services Pvt Ltd as Assistant Manager – Equity.

KY
Krishnpal Yadav
Sep 2025 - Present
View details

Education
MBA (IIM Indore)
Experience
Prior to joining the Mirae Asset MF, Mr. Yadav was Dealer (Fixed Income) specializing in trading Non-SLR (Statutory Liquidity Ratio) securities.

About Mirae Asset Arbitrage Fund Direct Growth

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 30 Nov 2007. Jignesh N. Rao is the Current Fund Manager of Mirae Asset Arbitrage Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,24,201 Cr and the Latest NAV as of 02 Apr 2026 is ₹14.18. The Mirae Asset Arbitrage Fund Direct Growth is rated Low risk. Minimum SIP Investment is set to ₹99. Minimum Lumpsum Investment is ₹5,000. Exit load of 0.25%, if redeemed within 15 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.;
Fund benchmarkNIFTY 50 Arbitrage Total Return Index

Fund house

Rank (total assets)#13 in India
Total AUM₹2,24,201.22 Cr
Date of Incorporation30 Nov 2007
Phone022-67800301 / 1800-2090-777
E-mail--
Launch Date30 Nov 2007
AddressUnit No.606 - 6th Floor,Windsor Building - Off. CST Road,Kalina, Santacruz (East), Mumbai 400098
CustodianSBI SG Global Securities Services Pvt.Ltd.
Registrar & Transfer AgentKFin Tech
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,