Mirae Asset Arbitrage IDCW Payout Direct Plan
SIP amount
Min. ₹99
Lumpsum amount
Min. ₹5,000

Mirae Asset Arbitrage IDCW Payout Direct Plan

NAV
₹13.6040
+0.07%
(20 Aug)
AUM
2,998 Cr
TER
0.14%
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
+7.6%
+7.6%
+7.5%
+7.5%
+7.2%
+6.5%
3Y
+7.9%
+7.9%
+7.9%
+7.9%
+7.6%
+6.9%
5Y
+6.5%
+6.5%
+6.5%
+6.5%
+6.2%
+5.6%
ALL
+6.4%
+6.4%
+6.8%
+6.8%
+6.1%
+6.3%
VOL
1.1%
1.1%
2.1%
2.1%
0.9%
-
TER
0.3%
0.3%
0.4%
0.4%
0.1%
-
AUM
₹17,291 Cr
₹17,291 Cr
₹24,205 Cr
₹24,205 Cr
₹2,998 Cr
-
INFO
5.67
5.67
3.17
3.17
6.51
-
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 30th Jun
Top holdings
Cash Offset For Derivatives
80.1%
Mirae Asset Liquid Dir Gr
9.0%
Treps
4.2%
Mirae Asset Money Market Dir Gr
3.6%
Net Receivables / (Payables)
3.2%
Future on Larsen & Toubro Ltd
2.4%
Larsen & Toubro Ltd
2.4%
Future on Tata Steel Ltd.
1.7%
Tata Steel Ltd
1.7%
Future on Patanjali Foods Ltd
1.3%
Top industry exposure
Financial Services
21.4%
Basic Materials
10.8%
Industrials
8.5%
Consumer Cyclical
8.2%
Healthcare
7.0%
Other information
Minimum SIP
₹99
Minimum lumpsum
₹5,000
Additional lumpsum
₹1,000
Portfolio turnover
1838%
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)
Amit Modani
Jignesh Rao
Jigar Shethia

FAQs