Name: Mirae Asset Arbitrage Fund Regular Growth
Brand: Mirae Asset Mutual Fund
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Mirae Asset Arbitrage Fund Regular Growth
Hybrid
Arbitrage
Low Risk
3.80%
1Y return
+0.01% 1D
1M
6M
1Y
All
NAV: 29 Jul 2021₹10.40
Min. SIP Amount₹1,000
RatingNA
Fund Size₹316.40 Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹0 (0.00%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Hybrid Arbitrage
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns3.8%NANA3.6%
Category average3.3%4.7%5.2%NA
Rank with in category13NANANA
Understand termsinfo
Holdings (36)NameSectorInstrumentAssets
Sun TV Network Ltd.ServicesEquity5.2%
Adani Ports and Special Economic Zone Ltd.ServicesEquity4.8%
ICICI Bank Ltd.FinancialEquity4.4%
Tata Steel Ltd.MetalsEquity4.0%
Tata Power Company Ltd.EnergyEquity4.0%
Amara Raja Batteries Ltd.EngineeringEquity3.7%
Godrej Consumer Products Ltd.FMCGEquity3.7%
Tata Consultancy Services Ltd.TechnologyEquity3.6%
Bharti Airtel Ltd.CommunicationEquity3.5%
Divi's Laboratories Ltd.
HealthcareEquity3.4%
See All
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Expense ratio, exit load and taxExpense ratio: 1.09%Inclusive of GST
Exit load0.25% exit load if redeemed within 30 days.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns 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. 
Understand termsinfo
Minimum investment amountsMin. for 1st investment₹1,000
Min. for 2nd investment onwards₹5,000
Min. for SIP₹1,000
Fund managementMahendra Kumar Jajoo
Jun 2020 - Present
View Details
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Education
Mr. Jajoo is a B.Com (H), CS, Chartered Accountant and CFA.
Experience
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.
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Jignesh Rao
Jun 2020 - Present
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Also manages these schemes
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Mirae Asset Arbitrage Fund Direct Growth
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Mirae Asset Arbitrage Fund Regular IDCW
Jigar Shethia
Jun 2020 - Present
View Details
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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.
Also manages these schemes
Mirae Asset Arbitrage Fund Regular Growth
Mirae Asset Arbitrage Fund Direct Growth
Mirae Asset Arbitrage Fund Direct IDCW
Mirae Asset Arbitrage Fund Regular IDCW
Fund house & investment objective
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Mirae Asset Mutual Fund
Rank (total assets)#13 in India
Total AUM70,165.29 Cr
Date of Incorporation30 Nov 2007
Mirae Asset Arbitrage Fund Regular Growth is a Hybrid Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to inve
Mirae Asset Arbitrage Fund Regular Growth is a Hybrid Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 30 Nov 2007. Mahendra Kumar Jajoo is the Current Fund Manager of Mirae Asset Arbitrage Fund Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹70,165 Cr and the Latest NAV as of 29 Jul 2021 is ₹10.40.
The Mirae Asset Arbitrage Fund Regular Growth 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....Read more
Investment Objective
The scheme seeks to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivative segments
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.
...Read more
Fund benchmarkNIFTY 50 Arbitrage
descriptionScheme Information Document(SID)
Fund house contact details
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Address
Unit 606, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz (E), MUMBAI 400098
Phone
022-67800300
Launch Date
30 Nov 2007
E-mail
[email protected]
Website
NA
Mirae Asset Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]
Website
www.karvymfs.com
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	1Y	3Y	5Y	All
Fund returns	3.8%	NA	NA	3.6%
Category average	3.3%	4.7%	5.2%	NA
Rank with in category	13	NA	NA	NA
Name	Sector	Instrument	Assets
Sun TV Network Ltd.	Services	Equity	5.2%
Adani Ports and Special Economic Zone Ltd.	Services	Equity	4.8%
ICICI Bank Ltd.	Financial	Equity	4.4%
Tata Steel Ltd.	Metals	Equity	4.0%
Tata Power Company Ltd.	Energy	Equity	4.0%
Amara Raja Batteries Ltd.	Engineering	Equity	3.7%
Godrej Consumer Products Ltd.	FMCG	Equity	3.7%
Tata Consultancy Services Ltd.	Technology	Equity	3.6%
Bharti Airtel Ltd.	Communication	Equity	3.5%
Divi's Laboratories Ltd.	Healthcare	Equity	3.4%
Min. for 1st investment	₹1,000
Min. for 2nd investment onwards	₹5,000
Rating	NA
Fund Size	₹316.40 Cr