Fund Details
Mirae Asset Arbitrage Fund Regular Dividend
| Risk | Low |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 1.09% |
| NAV | ₹10.21 (04 Mar 2021) |
|---|---|
| Fund Started | 19 Jun 2020 |
| Fund Size | ₹280 Cr |
Comparison
Found nothing so far.
1. Age is less than 3 years
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Adani Ports and Special Economic Zone Ltd. | Services | Equity | 6.6% |
| ICICI Bank Ltd. | Financial | Equity | 5.5% |
| Sun Pharmaceutical Inds. Ltd. | Healthcare | Equity | 5.2% |
| Federal Bank Ltd. | Financial | Fixed Deposits | 4.1% |
| Bajaj Auto Ltd | Automobile | Equity | 3.8% |
| Tata Consumer Products Ltd. | FMCG | Equity | 3.3% |
| Tata Steel Ltd. | Metals | Equity | 3.1% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 3.0% |
| Reliance Industries Ltd. | Energy | Equity | 2.9% |
| Larsen & Toubro Ltd. | Construction | Equity | 2.7% |
Fund Managers
Mirae Asset Arbitrage Fund Regular Dividend Details
Mirae Asset Arbitrage Fund Regular Dividend 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 Regular Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹280 Cr and the Latest NAV as of 04 Mar 2021 is ₹10.21.
The Mirae Asset Arbitrage Fund Regular Dividend is rated 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.
