- Mutual Funds
- Mirae Asset Mutual Fund
- Mirae Asset Arbitrage Fund (RIDCW-A)
Formerly Mirae Asset Arbitrage Reg DR
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 12.03
NAV (Apr 16)
Fund Returns
Last 1Y | 7.7% |
Last 3Y | 5.4% |
Last 5Y | NA |
Last 10Y | NA |
Since Inception | 5% |
6 Month CAGR | 3.9% |
Scheme Information
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.
Expense Ratio | 1 |
Launched (4y ago) | Jun 19, 2020 |
AUM in Crores | 1451.157 |
ISIN | INF769K01FQ5 |
Lock-in | No Lock-in |
Benchmark | NIFTY 50 Arbitrage TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 0.7 |
Standard Deviation (5yr) | 0 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | -0.193 |
Sharpe Ratio (5yr) | 0 |
YTM | 6.89 |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Mirae Asset Arbitrage Fund (RIDCW-A) | 8,34,080 | 1,01,468 | 5.4% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Debt Holdings
treps
12%net receivables / (payables)
7.1%mirae asset liquid dir gr
3.8%bharat forge ltd
1.5%state bank of india
1.5%Allocation by Sector
financial services
17.7%basic materials
8.4%consumer cyclical
8%industrials
7.8%healthcare
6.7%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 4,923 cr | ||
₹ 10,293 cr | ||
₹ 35,428 cr | ||
₹ 13,848 cr | ||
₹ 13,895 cr |
About the AMC
Mirae Asset Global Inv (India) Pvt. Ltd
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
18.3% | 18.8% | ||
17.5% | 18.2% | ||
24.1% | 27.1% | ||
10.7% | 11.3% | ||
15.4% | 21.1% |
Mirae Asset Arbitrage Fund (RIDCW-A) Review
Mirae Asset Arbitrage Fund (RIDCW-A) is a Arbitrage Debt fund and has delivered an annualised return of 5% over a period of 3 years. The fund was previously known as Mirae Asset Arbitrage Reg DR. The fund is managed by Mirae Asset Investment Managers (India) Private Limited. The fund managers are Abhishek Iyer, Jigar Shethia, Jignesh Rao.
Nav of Mirae Asset Arbitrage Fund (RIDCW-A) as of 4/16/2024 is ₹12.03 with the total AUM as of 4/18/2024 is ₹1451.157. With Scripbox you can compare and check the latest nav for all mutual funds in India. Mirae Asset Arbitrage Fund (RIDCW-A) was launched on Jun 19, 2020. The category risk of the fund is Low Risk.
The minimum SIP amount for Mirae Asset Arbitrage Fund (RIDCW-A) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
Mirae Asset Arbitrage Fund (RIDCW-A) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to NIFTY 50 Arbitrage TR INR.
Mirae Asset Arbitrage Fund (RIDCW-A) is rated as a 0 fund in Debt and delivered 7.7% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Mirae Asset Arbitrage Fund (RIDCW-A).
Frequently Asked Questions
What is Mirae Asset Arbitrage Fund (RIDCW-A)?
How to invest in Mirae Asset Arbitrage Fund (RIDCW-A)?
You can invest in Mirae Asset Arbitrage Fund (RIDCW-A) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Mirae Asset Arbitrage Fund (RIDCW-A)?
The minimum sip amount for Mirae Asset Arbitrage Fund (RIDCW-A) is ₹1000. You can invest in multiples of ₹5000.
Is Mirae Asset Arbitrage Fund (RIDCW-A) good to invest in?
As per Scripbox experts, Mirae Asset Arbitrage Fund (RIDCW-A) is a Not Reviewed Yet fund. You can investMirae Asset Arbitrage Fund (RIDCW-A) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Mirae Asset Arbitrage Fund (RIDCW-A)?
The expense ratio of the Mirae Asset Arbitrage Fund (RIDCW-A) is 1% for regular plan.