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Business News/Market/Market Stats/    Mirae Asset Arbitrage Fund Regular Growth

Mirae Asset Arbitrage Fund Regular Growth

+
  • Other
  • Arbitrage Fund
  • Rating N.A.
  • Plan
11.91 +0.00 (0.03%) NAV as on 01 Mar, 2024
  • 5D
  • 1M
  • 6M
  • 1Y
  • 5Y
  • MAX

Key Metrics

  • AUM (in Cr)1023.92
  • CAGR 7.54%
  • Exit Load0.25%
  • Expense ratio0.90%
  • CategoryOther
  • Min Investment5000
  • Min SIP500
  • Launch Date2020-06-19

Morning Star Rating N.A.

Low
Risk
Moderate
Return

Asset Allocation

Holdings As On - 03 March 2024

  • Name
  • Value (Cr)
  • Holding %
  • Treps
  • 40.25
  • 3.93%
  • Net Receivables / (Payables)
  • 27.29
  • 2.67%
  • 6.18% Govt Stock 2024
  • 14.92
  • 1.46%
  • 91 DTB 14032024
  • 14.89
  • 1.45%
  • Canara Bank
  • 14.84
  • 1.45%
View More

Risk & Volitility

  • Alpha 0.00%
  • Beta 0.00
  • Sharpe Ratio-0.22
  • Std Deviation 0.68%
  • Tracking Error 0.00%

About Fund

The investment objective of the scheme is 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. There is no assurance or guarantee that the investment objective of the scheme will be realized.

 

The Mirae Asset Arbitrage Fund Regular Growth has an AUM of 1023.92 crores & has delivered CAGR of 0.00% in the last 5 years. The fund has an exit load of 0.25% and an expense ratio of 0.90%. The minimum investment in Mirae Asset Arbitrage Fund Regular Growth is Rs 5000 and the minimum SIP is Rs 500.

 

As per morningstar the risk & return rating of the fund are Low & Moderate respectively.

 

The top holdings of the fund include Treps, Net Receivables / (Payables), Asian Paints & Balrampur Chini Mills.

 

The major sectors where the fund is invested are Regional Banks, Consumer Financial Services, Construction - Raw Materials & Metal Mining.

 

Some of the similar funds are DSP Arbitrage Fund Growth, HSBC Arbitrage Fund Regular Growth, Baroda BNP Paribas Arbitrage Regular Growth, Mirae Asset Arbitrage Fund Regular Growth, Bajaj Finserv Arbitrage Fund Regular Growth. Mirae Asset Arbitrage Fund Regular Growth has a sharpe ratio of -0.22 & a standard deviation of 0.68%.

FAQs about Mirae Asset Arbitrage Fund Regular Growth

According to the morning star rating Mirae Asset Arbitrage Fund Regular Growth has a Low risk & Moderate return.
Mirae Asset Arbitrage Fund Regular Growth is managed by Jignesh Rao,Jigar Shethia,Abhishek Iyer.
The expense ratio of Mirae Asset Arbitrage Fund Regular Growth is 0.90%.
The 5 year annualized return on Mirae Asset Arbitrage Fund Regular Growth is 0.00% & it has generated 7.54% in the last 1 year.
The minimum investment in Mirae Asset Arbitrage Fund Regular Growth is 5000 Rs.
Mirae Asset Arbitrage Fund Regular Growth has an AUM of 1023.92 crores.
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