3 Year return
6.8%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Low Risk
Asset Under Management
₹2772.5 Cr.
Expense Ratio
0.19% (inclusive of GST)
Exit Load
0.25%: If units Redeemed or Switched Out within 15 days from the date of allotment. Nil after 15 Days.
Tax Implications
Withdrawal within 1 year:
20% tax on gains
Withdrawal after 1 year:
12.5% tax on gains above ₹1.25 lakh per financial year
Fund Holdings
Mirae Asset Mutual Fund Managers
MJ
Mahendra Jajoo
Fund Manager since Mar 2023
Fund House Details
Mirae Asset Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
TATA Arbitrage Fund |
6.87% |
3.5 |
Invesco India Arbitrage Fund |
7.26% |
5 |
Edelweiss Arbitrage Fund |
6.98% |
4.5 |
Schemes by Mirae Asset Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Aggressive Hybrid Fund
Mirae Asset Aggressive Hybrid Fund Direct Plan Growth
Hybrid . Aggressive Hybrid Fund
Mirae Asset Aggressive Hybrid Fund Direct Plan IDCW Payout
Hybrid . Aggressive Hybrid Fund
Mirae Asset Aggressive Hybrid Fund Direct Plan IDCW Reinvestment
Hybrid . Arbitrage Fund
Mirae Asset Arbitrage Fund Direct Growth
Hybrid . Arbitrage Fund
Mirae Asset Arbitrage Fund Direct IDCW Payout
About Mirae Asset Arbitrage Fund Direct Growth
The Mirae Asset Arbitrage Fund Direct Growth is a hybrid mutual fund that invests in arbitrage opportunities in the cash and derivative segments of the equity markets. It is a low-risk fund that aims to generate capital appreciation and income by taking advantage of the difference in prices of securities in the cash and derivative markets. The Mirae Asset Arbitrage Fund Direct Growth is an open-ended fund. The expense ratio of the Mirae Asset Arbitrage Fund Direct Growth is lower than the category average.
Investment Objectives of the Scheme
The investment objective of the Mirae Asset Arbitrage Fund Direct Growth is to generate returns that are higher than the returns from money market instruments by investing in arbitrage opportunities in the cash and derivative segments of the equity markets.
Key Features of The Fund
5-year return | NA |
Expense Ratio | 0.19% |
Fund Manager | Mahendra Jajoo |
Fund Size | ₹2772.5 Cr |
Risk Profile | Low |
Is This Scheme Right for Me?
The Mirae Asset Arbitrage Fund Direct Growth is suitable for investors who are looking for a low-risk investment option with the potential to generate moderate returns. This fund is also suitable for investors who are looking for an investment that generates income.
AMC Contact Details
Name | Mirae Asset Mutual Fund |
Launch Date | November 2007 |
Addresss | Unit No. 606, 6th Floor, Windsor Bldg, Off CST Road, Kalina, Santacruz (East), Mumbai - 400 098. |
Contact | 1800-2090-777 |
customercare@miraeasset.com | |
Website | https://www.miraeassetmf.co.in/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
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FAQs
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How do I invest in Mirae Asset Arbitrage Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Mirae Asset Arbitrage Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Mirae Asset Arbitrage Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Mirae Asset Arbitrage Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.