Mirae Asset Arbitrage Fund Direct Growth

Hybrid
Arbitrage
Low Risk
6.27%
3Y annualised
0.00% 1D
1M
6M
1Y
3Y
All
NAV: 24 May 2024₹12.46
Min. SIP amount₹500
Rating3
Fund size₹1,870.00Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Hybrid Arbitrage
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA8.4%6.3%5.7%
Category averageNA7.4%5.4%NA
Rank with in categoryNA49NA
Understand terms

Holdings (254)

NameSectorInstrumentAssets
Mirae Asset Liquid Fund Direct- Growth
NAMutual Fund3.83%
FinancialEquity1.47%
AutomobileEquity1.46%
FinancialEquity1.25%
HealthcareEquity1.22%
AutomobileEquity1.10%
CommunicationEquity1.05%
TechnologyEquity1.03%
SovereignGOI Sec1.03%
Reserve Bank of India
FinancialT-Bills1.02%
See All

Expense ratio, exit load and tax

Expense ratio: 0.17%

Inclusive of GST

Exit load

0.25% exit load if redeemed within 15 days.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

Fund management

Jignesh Rao
Jun 2020 - Present
View details

Experience
Prior to joining Mirae Asset Mutual Fund, he was associated with Motilal Oswal Asset Management Company Ltd. as Dealer – Equity
Also manages these schemes

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.
Also manages these schemes

Abhishek Iyer
Jan 2023 - Present
View details

Education
Mr. Iyer is a B. Com, Master in Finance management, Master of Arts (MA) Economics
Experience
Prior to joining Mirae Asset Mutual Fund, he has worked with IDBI Mutual Fund, IIFL Mutual Fund, L&T Mutual Fund and Sahara Mutual Fund.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
Unit No.606 - 6th Floor,Windsor Building - Off. CST Road,Kalina, Santacruz (East), Mumbai 400098
Phone
022-67800301 / 1800-2090-777
Launch Date
30 Nov 2007
E-mail
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,

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