Mirae Asset Arbitrage Fund Regular Growth

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Other
Arbitrage Fund
Rating N.A.
Plan

12.54 +0.01 (0.06%) NAV as on 02 Dec, 2024

5D
1M
6M
1Y
5Y
MAX

Key Metrics

AUM (in Cr)2839.16
CAGR 7.46%
Exit Load0.25%
Expense ratio0.92%
CategoryOther
Min Investment5000
Min SIP99
Launch Date2020-06-19

Asset Allocation

Holdings As On - 03 December 2024

Holdings

Sectors

Name
Value (Cr)
Holding %

Cash Offset For Derivatives
1868.40
65.81%

Net Receivables / (Payables)
463.80
16.34%

Mirae Asset Liquid Dir Gr
261.61
9.21%

Treps
96.95
3.41%

Reliance Industries
52.62
1.85%

Shriram Finance
52.46
1.85%

Axis Bank
40.15
1.41%

TVS Motor Co
35.44
1.25%

6.18% Govt Stock 2024
35.00
1.23%

HDFC Bank
34.37
1.21%

Peer Comparison

Fund Name
Axis Arbitrage Regular Growth7.57%
DSP Arbitrage Fund Growth7.49%
Baroda BNP Paribas Arbitrage Regular Growth7.52%
HSBC Arbitrage Fund Regular Growth7.35%
Mirae Asset Arbitrage Fund Regular Growth7.46%

Risk & Volitility

Alpha 0.00%
Beta 0.00
Sharpe Ratio-0.28
Std Deviation 0.67%
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 2839.16 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 0.92%. The minimum investment in Mirae Asset Arbitrage Fund Regular Growth is Rs 5000 and the minimum SIP is Rs 99.

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

The top holdings of the fund include Cash Offset For Derivatives, Net Receivables / (Payables), Mirae Asset Liquid Dir Gr & Treps.

The major sectors where the fund is invested are Regional Banks, Consumer Financial Services, Biotechnology & Drugs & Software & Programming.

Some of the similar funds are Axis Arbitrage Regular Growth, DSP Arbitrage Fund Growth, Baroda BNP Paribas Arbitrage Regular Growth, HSBC Arbitrage Fund Regular Growth, Mirae Asset Arbitrage Fund Regular Growth. Mirae Asset Arbitrage Fund Regular Growth has a sharpe ratio of -0.28 & a standard deviation of 0.67%.