Mirae Asset Arbitrage IDCW Payout Direct Plan
SIP amount
Min. ₹500
Lumpsum amount
Min. ₹5,000

Mirae Asset Arbitrage IDCW Payout Direct Plan

NAV
₹12.7370
+0.11%
(6 Sep)
AUM
2,406 Cr
TER
0.23%
Risk
Low Risk
Insights
Total Expense Ratio (TER) is in the bottom 25% of comparable funds
Net Asset Value (NAV) is above its 200 days moving average
In beta. Send feedback here.
Compare with other fund
1Y
+8.6%
+8.6%
+8.6%
+8.6%
+8.5%
+7.6%
3Y
+6.9%
+6.9%
+7.0%
+7.0%
+6.5%
+6.0%
5Y
+6.0%
+6.0%
+6.1%
+6.1%
NA
+5.2%
ALL
+7.0%
+7.0%
+6.7%
+6.7%
+5.9%
+6.2%
VOL
2.4%
2.4%
2.2%
2.2%
0.9%
-
TER
0.4%
0.4%
0.4%
0.4%
0.2%
-
AUM
₹51,570 Cr
₹51,570 Cr
₹17,654 Cr
₹17,654 Cr
₹2,406 Cr
-
INFO
2.96
2.96
3.01
3.01
6.30
-
Past performance
Past performance is no guarantee of future returns.
Had you invested
Over the last
1Y
3Y
ALL
Your returns would have been
Mirae Arbitrage IDCW Payout (DP)
₹1,00,00,00,000
14.0%
Fixed deposit
₹40,00,00,000
6.0%
Bank savings
₹40,00,00,000
3.0%
See fund holdings as of 31st Jul
Top holdings
Cash Offset For Derivatives
79.0%
Mirae Asset Liquid Dir Gr
7.0%
Future on HDFC Bank Ltd
4.1%
HDFC Bank Ltd
4.0%
Treps
3.4%
Future on Vodafone Idea Ltd
2.7%
Vodafone Idea Ltd
2.7%
Net Receivables / (Payables)
1.8%
Future on Maruti Suzuki India Ltd
1.5%
Maruti Suzuki India Ltd
1.5%
Top industry exposure
Financial Services
23.1%
Basic Materials
11.9%
Industrials
9.7%
Consumer Cyclical
8.0%
Technology
5.9%
Other information
Minimum SIP
₹500
Minimum lumpsum
₹5,000
Additional lumpsum
₹1,000
Portfolio turnover
2102%
Lock-in period
-
Exit load
• 0.25% for redemption within 15 days
Fund objective
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.
Fund manager(s)
Jignesh Rao
Jigar Shethia
Abhishek Iyer

FAQs