Mirae Asset Investment Managers (India) Pv

Mirae Asset Arbitrage Fund Direct Growth

As on 03 Jan 2025

Mirae Asset Arbitrage Fund Direct Growth

Q: What kind of returns does Mirae Asset Arbitrage Fund Direct Growth provide?

Mirae Asset Arbitrage Fund Direct Growth aims to generate capital appreciation by investing mainly in public sector undertakings (PSUs). Historically, its returns have often shown moderate to high growth rate depending on market conditions. Mirae Asset Arbitrage Fund Direct Growth had a return of 8.21% over the past 1 year.

Q: How much expense ratio is charged by Mirae Asset Arbitrage Fund Direct Growth?

The expense ratio for Mirae Asset Arbitrage Fund Direct Growth, or any other mutual fund, is the yearly fee you pay for managing your investments. As of 03 Jan 2025, the expense ratio charged by Mirae Asset Arbitrage Fund Direct Growth is typically around undefined %. This fee covers fund management, administrative, and other operational costs. It is relatively low compared to actively managed funds, reflecting its direct growth option.

Q: What is the AUM of Mirae Asset Arbitrage Fund Direct Growth?

As of 03 Jan 2025, the Assets Under Management (AUM) of Mirae Asset Arbitrage Fund Direct Growth is approximately ₹3061.1462 crore. The AUM can fluctuate based on market conditions and investor activity. It indicates the total value of assets managed by the fund.

Q: What is the NAV of Mirae Asset Arbitrage Fund Direct Growth?

The Net Asset Value (NAV) of Mirae Asset Arbitrage Fund Direct Growth is updated daily and reflects the per-unit value of the fund's assets. As of 03 Jan 2025 , the NAV is around undefined per unit, but this value might change based on market performance and fund holdings.

Q: What is the PE and PB ratio of Mirae Asset Arbitrage Fund Direct Growth?

The PE ratio for Mirae Asset Arbitrage Fund Direct Growth is 31.41 and the PB ratio is 6.9. The PE ratio is calculated by dividing the market price by the earnings per share, whereas the PB ratio is calculated by dividing the stock price by the book value per share.

Q: What is the exit load of Mirae Asset Arbitrage Fund Direct Growth?

The exit load for Mirae Asset Arbitrage Fund Direct Growth is undefined% if units are redeemed within 30 days from the date of investment. After this period, no exit load is applicable. This fee is charged to discourage short-term trading and ensure long-term investment.

Hybrid

NAV

₹ 13.05

CAGR (3 Years)

7.02%

AUM (Cr)

₹ 3,061.15

Risk

Low Risk

About Mirae Asset Arbitrage Fund Direct Growth

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 i

Breakdown of this Fund

Aerospace & Defence

3.05%

Agro Chemicals

0.29%

Air Transport Service

1.10%

Alcoholic Beverages

0.81%

Auto Ancillaries

1.12%

Automobile

13.66%

Banks

17.28%

Cables

0.11%

Capital Goods - Electrical Equipment

1.66%

Capital Goods-Non Electrical Equipment

1.06%

Castings, Forgings & Fastners

0.41%

Cement

4.22%

Chemicals

2.72%

Consumer Durables

2.01%

Crude Oil & Natural Gas

1.31%

Debt Others

31.41%

Diamond, Gems and Jewellery

1.41%

E-Commerce/App based Aggregator

2.15%

Edible Oil

2.41%

Entertainment

0.95%

Fertilizers

0.23%

Finance

12.05%

Financial Services

0.78%

FMCG

8.73%

Gas Distribution

1.50%

Govt. Securities

1.23%

Healthcare

2.46%

Hotels & Restaurants

0.87%

Infrastructure Developers & Operators

1.00%

Insurance

2.83%

IT - Software

10.20%

Leather

0.02%

Logistics

0.27%

Marine Port & Services

1.28%

Mining & Mineral products

2.66%

Miscellaneous

0.95%

Mutual Fund Units

17.81%

Non Ferrous Metals

2.52%

Paints/Varnish

0.67%

Pharmaceuticals

8.48%

Plastic products

1.41%

Power Generation & Distribution

1.53%

Railways

0.90%

Readymade Garments/ Apparells

0.04%

Realty

1.39%

Refineries

4.26%

Retail

2.19%

Steel

5.51%

T Bills

7.92%

Telecomm Equipment & Infra Services

0.79%

Telecomm-Service

3.85%

Textiles

0.60%

Tobacco Products

1.22%

Trading

0.48%

Tyres

0.70%

Market Capitalization

Get your FAQs right

What kind of returns does Mirae Asset Arbitrage Fund Direct Growth provide?

How much expense ratio is charged by Mirae Asset Arbitrage Fund Direct Growth?

What is the AUM of Mirae Asset Arbitrage Fund Direct Growth?

What is the NAV of Mirae Asset Arbitrage Fund Direct Growth?

What is the PE and PB ratio of Mirae Asset Arbitrage Fund Direct Growth?

What is the exit load of Mirae Asset Arbitrage Fund Direct Growth?

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