October 11, 2025
RA Jainee
Mirae Asset Arbitrage Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 13.7230
NAV IDCW: Rs 13.7040
Suitable For Which Investors?
Arbitrage funds invest in equity shares and derivatives, and earn their returns through the price differential between a stock and its futures. You can expect to earn better returns than what you would get from a bank account.
They are usually suitable to park your money for a period ranging between three months to a year. However, we believe that liquid funds, which have a similar risk-return payoff, are a better alternative for most investors for such a time frame. Arbitrage funds may have some appeal for those who are in the highest tax bracket, given the preferential tax treatment of these funds.
The risk of incurring a loss in these funds over the said time frame is low but they do not guarantee returns or safety of capital.
Remember, these funds usually deliver low returns which are only marginally higher than your bank account. They are not suitable if your aim is to build wealth in the long run.
Fund’s Investment Strategy:
The scheme seeks 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.
Fund Manager:
1) Jigar Shethia
Education: Mr. Shethia is a BCOM & CFA Level 3
Experience: Prior to joining Mirae Asset Mutual Fund, he has worked with Sushil Financial Services Pvt Ltd as Assistant Manager – Equity.
2) Jignesh N. Rao
Education: Mr. Rao has done B.Sc and PGDBA
Experience: Prior to joining Mirae Asset Mutual Fund, he was associated with Motilal Oswal Asset Management Company Ltd. as Dealer – Equity
3) Krishnpal Yadav
Education: MBA (IIM Indore)
Experience: Prior to joining the Mirae Asset MF, Mr. Yadav was Dealer (Fixed Income) specializing in trading Non-SLR (Statutory Liquidity Ratio) securities.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 99 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 5 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0.25% for redemption within 15 days |
Basic Details of Mirae Asset Arbitrage Fund
| Fund House | Mirae Asset Mutual Fund |
| Launch Date | 19-Jun-20 |
| Return Since Launch | 6.14% |
| Benchmark | NIFTY 50 Arbitrage TRI |
| Riskometer | Low |
| Type | Open-ended |
| Assets | Rs 2,869 Cr |
| (As on 31-Aug-2025) | |
| Expense | 0.15% |
| (As on 30-Sep-2025) | |
| Risk Grade | Average |
| Return Grade | Average |
| Turnover | 1835.00% |
Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Mirae Asset Arbitrage Dir | 5.32 | -0.09 | 0.47 | 1.40 | 3.04 | 7.01 | 7.65 | 6.31 | — | — |
| CCIL T Bill Liquidity Weight | 3.77 | -0.01 | 0.37 | 0.90 | 2.27 | 4.72 | 4.61 | 3.61 | — | — |
| Hybrid: Arbitrage | 5.27 | -0.07 | 0.45 | 1.40 | 3.07 | 6.97 | 7.48 | 6.15 | — | — |
| Rank within category | 18 | 30 | 5 | 19 | 22 | 15 | 8 | 10 | — | — |
| Number of funds in category | 31 | 33 | 33 | 32 | 32 | 28 | 25 | 24 | 18 | 14 |
Peer Comparison of Mirae Asset Arbitrage Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Mirae Asset Arbitrage Dir | 3 star | 7.01 | 7.65 | 6.31 | 0.15 | 2,869 | 6.14 | 0.25 (15) | 5Y 3M | 1835.00 |
| Kotak Arbitrage Dir | 4 star | 7.20 | 7.80 | 6.52 | 0.44 | 72,274 | 7.09 | 0.25 (30) | 12Y 9M | 1852.16 |
| SBI Arbitrage Opportunities Dir | 4 star | 7.14 | 7.70 | 6.37 | 0.41 | 39,217 | 6.85 | 0.25 (30) | 12Y 9M | 191.00 |
| Invesco India Arbitrage Dir | 5 star | 7.20 | 7.84 | 6.56 | 0.39 | 27,055 | 6.95 | 0.50 (15) | 12Y 9M | 1721.00 |
| ABSL Arbitrage Dir | 4 star | 7.26 | 7.71 | 6.39 | 0.31 | 23,581 | 6.98 | 0.25 (15) | 12Y 9M | 144.00 |
Portfolio Analysis of Mirae Asset Arbitrage Fund
| No. of Stocks | 168 |
| Top 10 Holdings | 22.88% |
| Top 5 Stocks | 17.71% |
| Top 3 Sectors | –% |
| Portfolio P/B Ratio | 2.91 |
| Portfolio P/E Ratio | 23.44 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,20,244 | 2,37,391 |
| Giant (%) | 36.20 | 57.78 |
| Large (%) | 38.71 | 26.76 |
| Mid (%) | 23.44 | 15.67 |
| Small (%) | 1.65 | 0.42 |
| Tiny (%) | — | — |
| Fund | Category | |
| Number of Securities | 339 | 256 |
| Macaulay Duration (yrs) | — | 0.39 |
| Average Maturity (yrs) | — | 0.38 |
| Yield to Maturity (%) | 5.48 | 5.90 |
| Avg Credit Rating | GOI/Cash | — |
Chanakya’s Mutual Fund Guidance For Mirae Asset Arbitrage Fund
WILL POST SOON
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
Apply Online: https://transact.miraeassetmf.co.in/mnwclient/Admin/Login/Login
>> Post your MF questions @ sahifund.com/ask-me/
>> NFO Guidance:
https://sahifund.com/category/nfos/
Quicklinks
- Chanakyanipothi.com
- Staffavailable.com
- BigGaddi.com
- Latest IPO GMP
- Best Stocks to buy today
- Grey Market Premium
- Upcoming IPOs
- Subscription Status