Mirae Asset Arbitrage Fund Overview
Category Arbitrage Fund
BMSMONEY Rank 9
BMSMONEY Rating
Growth Option As On: 23-04-2024
NAV ₹12.04 (R) +0.05% ₹12.38 (D) +0.05%
Returns Gro. Opt. 1Y 3Y 5Y 7Y 10Y
LumpSum Reg. P 7.66% 5.4% -% -% -%
LumpSum Dir. P 8.45% 6.16% -% -% -%
SIP Reg. P 7.85% 4.47% -% -% -%
SIP Dir. P 8.67% 5.25% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
- - - -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
-% -% -% - -%

NAV Date: 23-04-2024

Scheme Name NAV Rupee Change Percent Change
Mirae Asset Arbitrage Fund Regular Growth 12.04
0.0100
0.0500%
Mirae Asset Arbitrage Fund Regular IDCW 12.04
0.0100
0.0400%
Mirae Asset Arbitrage Fund Direct IDCW 12.36
0.0100
0.0500%
Mirae Asset Arbitrage Fund Direct Growth 12.38
0.0100
0.0500%

Review Date: March 28, 2024

The Arbitrage Fund category has 23 funds. Performance of the Mirae Asset Arbitrage Fund has been analyzed on six performance parameters. Out of six return parameters, the fund has two return parameters in first quartile; whereas zero risk parameters (out of zero) in first quartile. Similarly zero risk-adjusted performance parameters are in first quartile, the performance on different parameters provides has achieved ninth (out of 23 funds), which is good rank in the Arbitrage Fund category.
Our ranking method uses a composite performance score, which includes the fund's return, risk, and risk-adjusted performance over the past three years. This composite performance score is then used to rank the funds within a category.

The Mirae Asset Arbitrage Fund has average return performance, as more than 50% 1 year and above return parameters are above average in Arbitrage Fund category. The details are provided below.'
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  1. 1 Month Return%: One month return shows funds performance in very short period of time, the Mirae Asset Arbitrage Fund has given return of 0.6% in last one month which is good as it is above average in Arbitrage Fund.
  2. 3 Month Return%: Three month return shows funds performance in short period of time, the Mirae Asset Arbitrage Fund has given return of 2.1% in last three month which is very good as it is in the top quartile in Arbitrage Fund.
  3. 1 Year Return%: The Mirae Asset Arbitrage Fund has given return of 7.69% in last one year which is good as it is above average in Arbitrage Fund. The one year return rank of Mirae Asset Arbitrage Fund is 9 in 23 funds. The investment of ₹ 10,000 in this fund would have become ₹ 10769.0 in one year.
  4. 3 Year Return%: The Mirae Asset Arbitrage Fund has given return of 5.33% in last three year which is good as it is above average with return rank of 11 in 21 funds. in Arbitrage Fund.
  5. 1 Year SIP Return%: The Mirae Asset Arbitrage Fund has given return of -8.24% in last one year which is very good as it is in the top quartile with return rank of 6 in 23 funds. in Arbitrage Fund.
  6. 3 Year SIP Return%: The Mirae Asset Arbitrage Fund has given return of 4.46% in last three year which is good as it is above average with return rank of 10 in 21 funds. in Arbitrage Fund.
    7. '
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The Mirae Asset Arbitrage Fund has poor risk performance, as non of above risk paramerters are above average Arbitrage Fund category. The details are provided below. '
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The Mirae Asset Arbitrage Fund has poor risk adjusted performance, as non of above risk adjusted paramerters are above average in Arbitrage Fund category. The details are provided below. '
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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 0.83
0.84
0.70 | 0.93 15 | 23
No
No
No
3M Return % 1.97
1.96
1.64 | 2.13 13 | 23
Yes
No
No
6M Return % 3.78
3.70
3.07 | 4.00 10 | 23
Yes
No
No
1Y Return % 7.66
7.49
6.19 | 8.03 11 | 23
Yes
No
No
3Y Return % 5.40
5.29
4.32 | 5.84 12 | 21
Yes
No
No
1Y SIP Return % 7.85
7.67
6.39 | 8.23 12 | 23
Yes
No
No
3Y SIP Return % 4.47
4.34
3.27 | 4.86 11 | 21
Yes
No
No
Return data last Updated On : April 23, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 0.90 0.90 0.76 | 0.97 14 | 23
Yes
No
No
3M Return % 2.18 2.13 1.84 | 2.30 9 | 23
Yes
No
No
6M Return % 4.18 4.04 3.49 | 4.36 4 | 23
Yes
Yes
No
1Y Return % 8.45 8.20 7.04 | 8.66 4 | 23
Yes
Yes
No
3Y Return % 6.16 5.99 4.87 | 6.50 9 | 21
Yes
No
No
1Y SIP Return % 8.67 8.38 7.24 | 8.87 3 | 23
Yes
Yes
No
3Y SIP Return % 5.25 5.05 4.09 | 5.56 7 | 21
Yes
No
No
Return data last Updated On : April 23, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.05 ₹ 10005.0 0.05 ₹ 10005.0
1W 0.05 ₹ 10005.0 0.06 ₹ 10006.0
1M 0.83 ₹ 10083.0 0.9 ₹ 10090.0
3M 1.97 ₹ 10197.0 2.18 ₹ 10218.0
6M 3.78 ₹ 10378.0 4.18 ₹ 10418.0
1Y 7.66 ₹ 10766.0 8.45 ₹ 10845.0
3Y 5.4 ₹ 11710.0 6.16 ₹ 11964.0
5Y - ₹ - - ₹ -
7Y - ₹ - - ₹ -
10Y - ₹ - - ₹ -
15Y - ₹ - - ₹ -

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 7.8465 ₹ 12503.22 8.6685 ₹ 12555.288
3Y ₹ 36000 4.474 ₹ 38540.592 5.2462 ₹ 38990.844
5Y ₹ 60000 - ₹ - - ₹ -
7Y ₹ 84000 - ₹ - - ₹ -
10Y ₹ 120000 - ₹ - - ₹ -
15Y ₹ 180000 - ₹ - - ₹ -


Date NAV Regular Growth NAV Direct Growth
23-04-2024 12.045 12.379
22-04-2024 12.039 12.373
19-04-2024 12.049 12.382
18-04-2024 12.039 12.371
16-04-2024 12.031 12.362
15-04-2024 12.025 12.356
12-04-2024 12.02 12.35
09-04-2024 12.014 12.343
08-04-2024 12.015 12.344
05-04-2024 12.011 12.338
04-04-2024 12.001 12.328
03-04-2024 11.995 12.321
02-04-2024 11.982 12.308
01-04-2024 11.982 12.307
28-03-2024 11.976 12.3
27-03-2024 11.967 12.291
26-03-2024 11.946 12.269
22-03-2024 11.955 12.277
21-03-2024 11.95 12.272
20-03-2024 11.953 12.274
19-03-2024 11.951 12.272
18-03-2024 11.946 12.267
15-03-2024 11.936 12.255
14-03-2024 11.929 12.248
13-03-2024 11.94 12.258
12-03-2024 11.928 12.246
11-03-2024 11.937 12.255
07-03-2024 11.932 12.249
06-03-2024 11.922 12.238
05-03-2024 11.92 12.237
04-03-2024 11.916 12.232
01-03-2024 11.909 12.224
29-02-2024 11.905 12.22
28-02-2024 11.92 12.235
27-02-2024 11.904 12.218
26-02-2024 11.897 12.211
23-02-2024 11.901 12.214
22-02-2024 11.889 12.201
21-02-2024 11.896 12.208
20-02-2024 11.886 12.198
19-02-2024 11.883 12.195
16-02-2024 11.878 12.188
15-02-2024 11.869 12.179
14-02-2024 11.866 12.176
13-02-2024 11.864 12.174
12-02-2024 11.869 12.178
09-02-2024 11.863 12.171
08-02-2024 11.858 12.166
07-02-2024 11.85 12.157
06-02-2024 11.848 12.155
05-02-2024 11.86 12.167
02-02-2024 11.842 12.148
01-02-2024 11.839 12.145
31-01-2024 11.835 12.14
30-01-2024 11.833 12.138
29-01-2024 11.829 12.134
25-01-2024 11.826 12.129
24-01-2024 11.812 12.115
23-01-2024 11.831 12.134
19-01-2024 11.804 12.106
18-01-2024 11.798 12.099
17-01-2024 11.806 12.107
16-01-2024 11.803 12.104
15-01-2024 11.791 12.091
12-01-2024 11.79 12.09
11-01-2024 11.785 12.084
10-01-2024 11.776 12.074
09-01-2024 11.783 12.081
08-01-2024 11.782 12.081
05-01-2024 11.771 12.068
04-01-2024 11.756 12.052
03-01-2024 11.759 12.056
02-01-2024 11.754 12.05
01-01-2024 11.745 12.041
29-12-2023 11.73 12.025
28-12-2023 11.729 12.023
27-12-2023 11.726 12.02
26-12-2023 11.721 12.015
22-12-2023 11.718 12.01
21-12-2023 11.705 11.997
20-12-2023 11.718 12.011
19-12-2023 11.705 11.996
18-12-2023 11.701 11.992
15-12-2023 11.691 11.981
14-12-2023 11.674 11.964
13-12-2023 11.678 11.968
12-12-2023 11.682 11.971
11-12-2023 11.686 11.975
08-12-2023 11.689 11.978
07-12-2023 11.674 11.962
06-12-2023 11.68 11.968
05-12-2023 11.683 11.971
04-12-2023 11.672 11.959
01-12-2023 11.669 11.955
30-11-2023 11.664 11.95
29-11-2023 11.663 11.949
28-11-2023 11.663 11.948
24-11-2023 11.668 11.952
23-11-2023 11.657 11.942
22-11-2023 11.648 11.931
21-11-2023 11.648 11.932
20-11-2023 11.65 11.934
17-11-2023 11.642 11.924
16-11-2023 11.649 11.931
15-11-2023 11.645 11.927
13-11-2023 11.648 11.93
10-11-2023 11.645 11.926
09-11-2023 11.634 11.914
08-11-2023 11.636 11.916
07-11-2023 11.627 11.907
06-11-2023 11.629 11.908
03-11-2023 11.624 11.903
02-11-2023 11.612 11.89
01-11-2023 11.625 11.903
31-10-2023 11.616 11.894
30-10-2023 11.616 11.893
27-10-2023 11.614 11.891
26-10-2023 11.605 11.881
25-10-2023 11.603 11.88
23-10-2023 11.606 11.882
20-10-2023 11.601 11.876
19-10-2023 11.591 11.866
18-10-2023 11.588 11.862
17-10-2023 11.584 11.857
16-10-2023 11.584 11.857
13-10-2023 11.588 11.861
12-10-2023 11.572 11.845
11-10-2023 11.574 11.846
10-10-2023 11.567 11.839
09-10-2023 11.573 11.845
06-10-2023 11.566 11.836
05-10-2023 11.563 11.833
04-10-2023 11.559 11.829
03-10-2023 11.552 11.822
29-09-2023 11.548 11.817
27-09-2023 11.529 11.797
26-09-2023 11.533 11.8
25-09-2023 11.524 11.792
22-09-2023 11.525 11.792
21-09-2023 11.521 11.787
20-09-2023 11.507 11.773
18-09-2023 11.519 11.785
15-09-2023 11.501 11.766
14-09-2023 11.505 11.77
13-09-2023 11.507 11.771
12-09-2023 11.514 11.778
11-09-2023 11.503 11.767
08-09-2023 11.499 11.762
07-09-2023 11.489 11.752
06-09-2023 11.486 11.748
05-09-2023 11.482 11.743
04-09-2023 11.477 11.738
01-09-2023 11.476 11.737
31-08-2023 11.469 11.729
30-08-2023 11.473 11.733
29-08-2023 11.466 11.726
28-08-2023 11.467 11.727
25-08-2023 11.474 11.733
24-08-2023 11.461 11.72
23-08-2023 11.455 11.713
22-08-2023 11.453 11.711
21-08-2023 11.447 11.704
18-08-2023 11.454 11.711
17-08-2023 11.442 11.699
16-08-2023 11.443 11.699
14-08-2023 11.438 11.694
11-08-2023 11.429 11.684
10-08-2023 11.43 11.685
09-08-2023 11.42 11.675
08-08-2023 11.418 11.672
07-08-2023 11.409 11.662
04-08-2023 11.409 11.662
03-08-2023 11.403 11.656
02-08-2023 11.405 11.657
01-08-2023 11.4 11.652
31-07-2023 11.392 11.643
28-07-2023 11.386 11.637
27-07-2023 11.379 11.63
26-07-2023 11.384 11.634
25-07-2023 11.376 11.626
24-07-2023 11.379 11.629
21-07-2023 11.377 11.626
20-07-2023 11.377 11.625
19-07-2023 11.367 11.615
18-07-2023 11.371 11.62
17-07-2023 11.364 11.612
14-07-2023 11.363 11.61
13-07-2023 11.367 11.614
12-07-2023 11.358 11.604
11-07-2023 11.355 11.601
10-07-2023 11.35 11.596
07-07-2023 11.346 11.591
06-07-2023 11.342 11.587
05-07-2023 11.341 11.586
04-07-2023 11.344 11.588
03-07-2023 11.334 11.578
30-06-2023 11.335 11.579
28-06-2023 11.335 11.578
27-06-2023 11.329 11.571
26-06-2023 11.321 11.563
23-06-2023 11.32 11.561
22-06-2023 11.313 11.554
21-06-2023 11.305 11.546
20-06-2023 11.298 11.538
19-06-2023 11.295 11.535
16-06-2023 11.294 11.534
15-06-2023 11.3 11.539
14-06-2023 11.29 11.529
13-06-2023 11.288 11.527
12-06-2023 11.283 11.522
09-06-2023 11.29 11.528
08-06-2023 11.286 11.523
07-06-2023 11.278 11.515
06-06-2023 11.279 11.516
05-06-2023 11.273 11.51
02-06-2023 11.267 11.503
01-06-2023 11.273 11.509
31-05-2023 11.263 11.499
30-05-2023 11.264 11.499
29-05-2023 11.265 11.499
26-05-2023 11.263 11.498
25-05-2023 11.257 11.49
24-05-2023 11.258 11.491
23-05-2023 11.257 11.49
22-05-2023 11.251 11.484
19-05-2023 11.251 11.483
18-05-2023 11.245 11.477
17-05-2023 11.238 11.47
16-05-2023 11.239 11.47
15-05-2023 11.233 11.464
12-05-2023 11.234 11.465
11-05-2023 11.221 11.451
10-05-2023 11.223 11.453
09-05-2023 11.218 11.447
08-05-2023 11.213 11.442
05-05-2023 11.219 11.447
04-05-2023 11.212 11.441
03-05-2023 11.204 11.431
02-05-2023 11.201 11.428
28-04-2023 11.201 11.427
27-04-2023 11.193 11.419
26-04-2023 11.195 11.421
25-04-2023 11.188 11.414
24-04-2023 11.187 11.413

Fund Launch Date: 19/Jun/2020
Fund Category: Arbitrage Fund
Investment 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 Description: An open ended scheme investing in arbitrage opportunities
Fund Benchmark: NIFTY 50 Arbitrage Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.