Mirae Asset Arbitrage Fund Direct Growth

Mirae Asset Arbitrage Fund Direct Growth

+7.64%
3Y annualised
+0.03% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 22 Apr '26
₹14.23
Min. for SIP
₹99
Fund size (AUM)
₹3,474.23 Cr
Expense ratio
3.74%
Rating
2

Return calculator

Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
6 months₹30,000₹30,406
+1.35%
1 year₹60,000₹61,793
+2.99%
3 years₹1,80,000₹1,99,767
+10.98%
5 years₹3,00,000₹3,57,318
+19.11%

Holdings (306)

NameSectorInstrumentsAssets
Mirae Asset Liquid Fund Direct- Growth--Mutual Fund8.85%
Mirae Asset Money Market Fund Direct - Growth--Mutual Fund4.90%
Shriram Finance LtdFinancialEquity1.38%
Housing & Urban Development Corporation Ltd.FinancialEquity0.99%
Waaree Energies Ltd.EnergyEquity0.92%
Marico Ltd.Consumer StaplesEquity0.92%
Maruti Suzuki India Ltd.AutomobileEquity0.91%
HDFC Bank Ltd.FinancialEquity0.86%
Hindalco Industries Ltd.Metals & MiningEquity0.84%
Tata Steel Ltd.Metals & MiningEquity0.82%
HDFC Asset Management Company Ltd.FinancialEquity0.77%
Sammaan Capital Ltd.FinancialEquity0.76%
Bharti Airtel Ltd.CommunicationEquity0.72%
Grasim Industries Ltd.ConstructionDebenture0.72%
Ashok Leyland Ltd.AutomobileEquity0.72%
HDB Financial Services Ltd.FinancialDebenture0.71%
ICICI Bank Ltd.FinancialEquity0.69%
FSN E-Commerce Ventures Ltd.ServicesEquity0.69%
Interglobe Aviation Ltd.ServicesEquity0.69%
Larsen & Toubro Ltd.ConstructionEquity0.65%
Hindustan Petroleum Corporation Ltd.EnergyEquity0.65%
Glenmark Pharmaceuticals Ltd.HealthcareEquity0.63%
State Bank of IndiaFinancialEquity0.61%
Kotak Mahindra Bank Ltd.FinancialEquity0.61%
UPL Ltd.ChemicalsEquity0.60%
Indusind Bank Ltd.FinancialEquity0.59%
Britannia Industries Ltd.Consumer StaplesEquity0.58%
Patanjali Foods Ltd.Consumer StaplesEquity0.57%
Power Grid Corporation Of India Ltd.EnergyEquity0.57%
Grasim Industries Ltd.ConstructionEquity0.57%
Lupin Ltd.HealthcareEquity0.57%
TVS Motor Company Ltd.AutomobileEquity0.56%
Mankind Pharma Ltd.HealthcareEquity0.55%
Bharat Petroleum Corporation Ltd.EnergyEquity0.55%
Prestige Estates Projects Ltd.ConstructionEquity0.54%
One97 Communications Ltd.ServicesEquity0.53%
Angel One Ltd.FinancialEquity0.53%
The Federal Bank Ltd.FinancialEquity0.51%
Delhivery Ltd.ServicesEquity0.51%
Nestle India Ltd.Consumer StaplesEquity0.50%
Torrent Power Ltd.EnergyEquity0.49%
Asian Paints Ltd.ChemicalsEquity0.49%
Laurus Labs Ltd.HealthcareEquity0.49%
Hindustan Zinc Ltd.Metals & MiningEquity0.48%
Cholamandalam Investment and Finance Company Ltd.FinancialEquity0.48%
Adani Enterprises Ltd.ServicesEquity0.48%
BSE Ltd.ServicesEquity0.47%
Godrej Consumer Products Ltd.Consumer StaplesEquity0.47%
Varun Beverages Ltd.Consumer StaplesEquity0.44%
Torrent Pharmaceuticals Ltd.HealthcareEquity0.44%
Info Edge (India) Ltd.ServicesEquity0.44%
UNO Minda Ltd.AutomobileEquity0.44%
Ambuja Cements Ltd.ConstructionEquity0.44%
Divi's Laboratories Ltd.HealthcareEquity0.43%
Tata Consultancy Services Ltd.TechnologyEquity0.43%
Dr. Reddy's Laboratories Ltd.HealthcareEquity0.42%
JSW Steel Ltd.Metals & MiningEquity0.42%
Swiggy Ltd.ServicesEquity0.42%
Cipla Ltd.HealthcareEquity0.41%
Apollo Hospitals Enterprise Ltd.HealthcareEquity0.40%
Suzlon Energy Ltd.Capital GoodsEquity0.40%
Tata Motors Passenger Vehicles Ltd.AutomobileEquity0.40%
Mahindra & Mahindra Ltd.AutomobileEquity0.40%
Supreme Industries Ltd.ChemicalsEquity0.40%
KPIT Technologies Ltd.TechnologyEquity0.40%
Hindustan Unilever Ltd.Consumer StaplesEquity0.38%
Cummins India Ltd.Capital GoodsEquity0.37%
Eternal Ltd.ServicesEquity0.36%
Hitachi Energy India Ltd.Capital GoodsEquity0.36%
Multi Commodity Exchange Of India Ltd.ServicesEquity0.36%
Hero Motocorp Ltd.AutomobileEquity0.35%
JIO Financial Services Ltd.FinancialEquity0.35%
Bosch Ltd.AutomobileEquity0.35%
Bajaj Finance Ltd.FinancialEquity0.35%
ICICI Prudential Life Insurance Company Ltd.InsuranceEquity0.34%
Aditya Birla Capital Ltd.FinancialEquity0.34%
Coforge Ltd.TechnologyEquity0.34%
Fortis Healthcare Ltd.HealthcareEquity0.34%
GAIL (India) Ltd.EnergyEquity0.33%
Amber Enterprises India Ltd.Consumer DiscretionaryEquity0.33%
Titan Company Ltd.Consumer DiscretionaryEquity0.31%
Tata Consumer Products Ltd.Consumer StaplesEquity0.31%
Canara BankFinancialEquity0.31%
Indus Towers Ltd.CommunicationEquity0.31%
Reliance Industries Ltd.EnergyEquity0.30%
Alkem Laboratories Ltd.HealthcareEquity0.30%
SBI Life Insurance Company Ltd.InsuranceEquity0.30%
Tube Investments Of India Ltd.AutomobileEquity0.29%
The Indian Hotels Company Ltd.ServicesEquity0.28%
NMDC Ltd.Metals & MiningEquity0.28%
Havells India Ltd.Capital GoodsEquity0.28%
Lodha Developers Ltd.ConstructionEquity0.27%
APL Apollo Tubes Ltd.Metals & MiningEquity0.27%
Bajaj Holdings & Investment Ltd.FinancialEquity0.26%
Kaynes Technology India Ltd.Capital GoodsEquity0.26%
Page Industries Ltd.TextilesEquity0.25%
Dalmia Bharat Ltd.ConstructionEquity0.25%
Adani Green Energy Ltd.Capital GoodsEquity0.25%
Bank of IndiaFinancialEquity0.24%
Indian Oil Corporation Ltd.EnergyEquity0.23%
Crompton Greaves Consumer Electricals Ltd.Consumer DiscretionaryEquity0.23%
Pidilite Industries Ltd.ChemicalsEquity0.23%
Adani Energy Solutions Ltd.EnergyEquity0.22%
Bharat Heavy Electricals Ltd.Capital GoodsEquity0.22%
IDFC First Bank Ltd.FinancialEquity0.22%
Eicher Motors Ltd.AutomobileEquity0.22%
Zydus Lifesciences Ltd.HealthcareEquity0.21%
PNB Housing Finance Ltd.FinancialEquity0.20%
Dabur India Ltd.Consumer StaplesEquity0.20%
PB Fintech Ltd.ServicesEquity0.19%
Axis Bank Ltd.FinancialEquity0.19%
Bajaj Finserv Ltd.FinancialEquity0.19%
REC Ltd.FinancialEquity0.18%
Inox Wind Ltd.Capital GoodsEquity0.18%
JSW Energy Ltd.Capital GoodsEquity0.17%
Godrej Properties Ltd.ConstructionEquity0.17%
Solar Industries India Ltd.ChemicalsEquity0.17%
Max Healthcare Institute Ltd.HealthcareEquity0.16%
Max Financial Services Ltd.FinancialEquity0.16%
PI Industries Ltd.ChemicalsEquity0.15%
Colgate-Palmolive (India) Ltd.Consumer StaplesEquity0.14%
Trent Ltd.ServicesEquity0.14%
Manappuram Finance Ltd.FinancialEquity0.14%
AU Small Finance Bank Ltd.FinancialEquity0.14%
Tata Technologies LtdServicesEquity0.12%
Vodafone Idea Ltd.CommunicationEquity0.12%
Oracle Financial Services Software Ltd.TechnologyEquity0.12%
SRF Ltd.ChemicalsEquity0.11%
Life Insurance Corporation of IndiaInsuranceEquity0.10%
NBCC (India) Ltd.ConstructionEquity0.09%
United Spirits Ltd.Consumer StaplesEquity0.08%
Bharat Electronics Ltd.Capital GoodsEquity0.08%
ICICI Lombard General Insurance Company Ltd.InsuranceEquity0.07%
LIC Housing Finance Ltd.FinancialEquity0.07%
Samvardhana Motherson International Ltd.AutomobileEquity0.06%
Sona BLW Precision Forgings Ltd.AutomobileEquity0.05%
Kalyan Jewellers India Ltd.Consumer DiscretionaryEquity0.05%
NHPC Ltd.EnergyEquity0.04%
Yes Bank Ltd.FinancialEquity0.04%
The Phoenix Mills Ltd.ConstructionEquity0.04%
CG Power and Industrial Solutions Ltd.Capital GoodsEquity0.04%
Tata Power Company Ltd.EnergyEquity0.04%
Mazagon Dock Shipbuilders Ltd.Capital GoodsEquity0.04%
Bank Of BarodaFinancialEquity0.04%
DLF Ltd.ConstructionEquity0.03%
Siemens Ltd.Capital GoodsEquity0.03%
360 One Wam Ltd.FinancialEquity0.02%
NTPC Ltd.EnergyEquity0.02%
Indian Energy Exchange Ltd.ServicesEquity0.01%
Sun Pharmaceutical Industries Ltd.HealthcareEquity0.01%
Bandhan Bank Ltd.FinancialEquity0.00%
Aurobindo Pharma Ltd.HealthcareEquity0.00%
Jindal Steel Ltd.Metals & MiningEquity0.00%
Nuvama Wealth Management Ltd.FinancialEquity0.00%
Ultratech Cement Ltd.ConstructionEquity0.00%
Ultratech Cement Ltd.ConstructionFutures-0.00%
Nuvama Wealth Management Ltd.FinancialFutures-0.00%
Jindal Steel Ltd.Metals & MiningFutures-0.00%
Aurobindo Pharma Ltd.HealthcareFutures-0.00%
Bandhan Bank Ltd.FinancialFutures-0.00%
Sun Pharmaceutical Industries Ltd.HealthcareFutures-0.01%
Indian Energy Exchange Ltd.ServicesFutures-0.01%
NTPC Ltd.EnergyFutures-0.02%
360 One Wam Ltd.FinancialFutures-0.02%
Siemens Ltd.Capital GoodsFutures-0.03%
DLF Ltd.ConstructionFutures-0.03%
Bank Of BarodaFinancialFutures-0.04%
Mazagon Dock Shipbuilders Ltd.Capital GoodsFutures-0.04%
Tata Power Company Ltd.EnergyFutures-0.04%
CG Power and Industrial Solutions Ltd.Capital GoodsFutures-0.04%
The Phoenix Mills Ltd.ConstructionFutures-0.04%
NHPC Ltd.EnergyFutures-0.04%
Yes Bank Ltd.FinancialFutures-0.05%
Kalyan Jewellers India Ltd.Consumer DiscretionaryFutures-0.05%
Sona BLW Precision Forgings Ltd.AutomobileFutures-0.05%
Samvardhana Motherson International Ltd.AutomobileFutures-0.06%
LIC Housing Finance Ltd.FinancialFutures-0.07%
ICICI Lombard General Insurance Company Ltd.InsuranceFutures-0.07%
Bharat Electronics Ltd.Capital GoodsFutures-0.08%
United Spirits Ltd.Consumer StaplesFutures-0.08%
NBCC (India) Ltd.ConstructionFutures-0.09%
Life Insurance Corporation of IndiaInsuranceFutures-0.10%
SRF Ltd.ChemicalsFutures-0.11%
Oracle Financial Services Software Ltd.TechnologyFutures-0.12%
Vodafone Idea Ltd.CommunicationFutures-0.12%
Tata Technologies LtdServicesFutures-0.12%
AU Small Finance Bank Ltd.FinancialFutures-0.14%
Manappuram Finance Ltd.FinancialFutures-0.14%
Trent Ltd.ServicesFutures-0.14%
Colgate-Palmolive (India) Ltd.Consumer StaplesFutures-0.14%
PI Industries Ltd.ChemicalsFutures-0.15%
Max Financial Services Ltd.FinancialFutures-0.16%
Max Healthcare Institute Ltd.HealthcareFutures-0.16%
Solar Industries India Ltd.ChemicalsFutures-0.17%
Godrej Properties Ltd.ConstructionFutures-0.17%
JSW Energy Ltd.Capital GoodsFutures-0.17%
Inox Wind Ltd.Capital GoodsFutures-0.18%
REC Ltd.FinancialFutures-0.19%
Bajaj Finserv Ltd.FinancialFutures-0.19%
PB Fintech Ltd.ServicesFutures-0.19%
Axis Bank Ltd.FinancialFutures-0.19%
Dabur India Ltd.Consumer StaplesFutures-0.20%
PNB Housing Finance Ltd.FinancialFutures-0.20%
Zydus Lifesciences Ltd.HealthcareFutures-0.21%
Eicher Motors Ltd.AutomobileFutures-0.22%
IDFC First Bank Ltd.FinancialFutures-0.22%
Bharat Heavy Electricals Ltd.Capital GoodsFutures-0.22%
Adani Energy Solutions Ltd.EnergyFutures-0.22%
Pidilite Industries Ltd.ChemicalsFutures-0.23%
Crompton Greaves Consumer Electricals Ltd.Consumer DiscretionaryFutures-0.23%
Indian Oil Corporation Ltd.EnergyFutures-0.23%
Bank of IndiaFinancialFutures-0.24%
Adani Green Energy Ltd.Capital GoodsFutures-0.25%
Dalmia Bharat Ltd.ConstructionFutures-0.25%
Page Industries Ltd.TextilesFutures-0.25%
Kaynes Technology India Ltd.Capital GoodsFutures-0.26%
Bajaj Holdings & Investment Ltd.FinancialFutures-0.26%
Lodha Developers Ltd.ConstructionFutures-0.27%
APL Apollo Tubes Ltd.Metals & MiningFutures-0.27%
Havells India Ltd.Capital GoodsFutures-0.28%
NMDC Ltd.Metals & MiningFutures-0.28%
The Indian Hotels Company Ltd.ServicesFutures-0.29%
Tube Investments Of India Ltd.AutomobileFutures-0.29%
Alkem Laboratories Ltd.HealthcareFutures-0.30%
SBI Life Insurance Company Ltd.InsuranceFutures-0.30%
Reliance Industries Ltd.EnergyFutures-0.30%
Indus Towers Ltd.CommunicationFutures-0.31%
Canara BankFinancialFutures-0.31%
Tata Consumer Products Ltd.Consumer StaplesFutures-0.31%
Titan Company Ltd.Consumer DiscretionaryFutures-0.32%
Amber Enterprises India Ltd.Consumer DiscretionaryFutures-0.32%
GAIL (India) Ltd.EnergyFutures-0.34%
Fortis Healthcare Ltd.HealthcareFutures-0.34%
Coforge Ltd.TechnologyFutures-0.34%
Aditya Birla Capital Ltd.FinancialFutures-0.34%
ICICI Prudential Life Insurance Company Ltd.InsuranceFutures-0.35%
Bajaj Finance Ltd.FinancialFutures-0.35%
Bosch Ltd.AutomobileFutures-0.35%
JIO Financial Services Ltd.FinancialFutures-0.35%
Hero Motocorp Ltd.AutomobileFutures-0.36%
Multi Commodity Exchange Of India Ltd.ServicesFutures-0.36%
Hitachi Energy India Ltd.Capital GoodsFutures-0.36%
Eternal Ltd.ServicesFutures-0.37%
Cummins India Ltd.Capital GoodsFutures-0.37%
Hindustan Unilever Ltd.Consumer StaplesFutures-0.38%
KPIT Technologies Ltd.TechnologyFutures-0.40%
Tata Motors Passenger Vehicles Ltd.AutomobileFutures-0.40%
Supreme Industries Ltd.ChemicalsFutures-0.40%
Mahindra & Mahindra Ltd.AutomobileFutures-0.40%
Suzlon Energy Ltd.Capital GoodsFutures-0.40%
Apollo Hospitals Enterprise Ltd.HealthcareFutures-0.40%
Cipla Ltd.HealthcareFutures-0.41%
Swiggy Ltd.ServicesFutures-0.42%
JSW Steel Ltd.Metals & MiningFutures-0.42%
Dr. Reddy's Laboratories Ltd.HealthcareFutures-0.42%
Info Edge (India) Ltd.ServicesFutures-0.42%
Tata Consultancy Services Ltd.TechnologyFutures-0.43%
Divi's Laboratories Ltd.HealthcareFutures-0.43%
UNO Minda Ltd.AutomobileFutures-0.44%
Ambuja Cements Ltd.ConstructionFutures-0.44%
Torrent Pharmaceuticals Ltd.HealthcareFutures-0.44%
Varun Beverages Ltd.Consumer StaplesFutures-0.45%
Godrej Consumer Products Ltd.Consumer StaplesFutures-0.47%
BSE Ltd.ServicesFutures-0.47%
Hindustan Zinc Ltd.Metals & MiningFutures-0.48%
Cholamandalam Investment and Finance Company Ltd.FinancialFutures-0.48%
Adani Enterprises Ltd.ServicesFutures-0.48%
Laurus Labs Ltd.HealthcareFutures-0.49%
Asian Paints Ltd.ChemicalsFutures-0.49%
Torrent Power Ltd.EnergyFutures-0.50%
Nestle India Ltd.Consumer StaplesFutures-0.50%
Delhivery Ltd.ServicesFutures-0.51%
The Federal Bank Ltd.FinancialFutures-0.51%
Angel One Ltd.FinancialFutures-0.53%
One97 Communications Ltd.ServicesFutures-0.53%
Prestige Estates Projects Ltd.ConstructionFutures-0.54%
Bharat Petroleum Corporation Ltd.EnergyFutures-0.55%
Mankind Pharma Ltd.HealthcareFutures-0.55%
TVS Motor Company Ltd.AutomobileFutures-0.57%
Lupin Ltd.HealthcareFutures-0.57%
Patanjali Foods Ltd.Consumer StaplesFutures-0.57%
Grasim Industries Ltd.ConstructionFutures-0.57%
Power Grid Corporation Of India Ltd.EnergyFutures-0.57%
Britannia Industries Ltd.Consumer StaplesFutures-0.58%
Indusind Bank Ltd.FinancialFutures-0.59%
UPL Ltd.ChemicalsFutures-0.60%
Kotak Mahindra Bank Ltd.FinancialFutures-0.61%
State Bank of IndiaFinancialFutures-0.61%
Glenmark Pharmaceuticals Ltd.HealthcareFutures-0.63%
Larsen & Toubro Ltd.ConstructionFutures-0.66%
Hindustan Petroleum Corporation Ltd.EnergyFutures-0.66%
Interglobe Aviation Ltd.ServicesFutures-0.69%
FSN E-Commerce Ventures Ltd.ServicesFutures-0.69%
ICICI Bank Ltd.FinancialFutures-0.70%
Ashok Leyland Ltd.AutomobileFutures-0.72%
Bharti Airtel Ltd.CommunicationFutures-0.73%
Sammaan Capital Ltd.FinancialFutures-0.77%
HDFC Asset Management Company Ltd.FinancialFutures-0.78%
Tata Steel Ltd.Metals & MiningFutures-0.82%
Hindalco Industries Ltd.Metals & MiningFutures-0.85%
HDFC Bank Ltd.FinancialFutures-0.86%
Maruti Suzuki India Ltd.AutomobileFutures-0.91%
Marico Ltd.Consumer StaplesFutures-0.92%
Waaree Energies Ltd.EnergyFutures-0.93%
Housing & Urban Development Corporation Ltd.FinancialFutures-0.99%
Shriram Finance LtdFinancialFutures-1.38%
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+6.6%+7.6%+6.6%+6.2%
Category average (Hybrid Arbitrage)+6.1%+6.8%+5.6%--
Rank (Hybrid Arbitrage)1579--

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 ₹2,00,688 Cr and the Latest NAV as of 22 Apr 2026 is ₹14.23. 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₹2,00,687.68 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,