Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Mirae Asset Arbitrage Fund Direct IDCW
★★★★★ TopFund est.
TopFund Score (fallback rating)
- Calculated by: TopFund — used only when no third-party rating exists for this fund
- Formula: 3-year trailing return percentile within category, adjusted ±1 star for expense ratio
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: A simplified 2-factor estimate, not equivalent to a rating agency's full analysis
TopFund Score: 60/100 · Average
How this score is calculated
- Star rating (35%)3/5
- 3Y CAGR (30%)7.39%
- Expense ratio (20%)0.13%
- AUM (15%)₹22 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Mirae Asset Mutual Fund · Debt · Others
₹10.65
AUM: ₹22 Cr
NAV updated 11 days ago
Plan
Direct
Option
Idcw
Risk
Moderate
Expense Ratio
0.13%
Exit Load
Exit load of 0.25%, if redeemed within 15 days.
Fund Manager
Mahendra Kumar Jajoo
Inception
Jul 2025
Sharpe Ratio
0.26
Std Dev (1Y)
1.33%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
-0.1%
3m
+1.05%
6m
+2.49%
1y
+5.35%
3y
+7.39%
5y
+6.68%
10y
—
since inception
+6.2%
TopFund's Take on Mirae Asset Arbitrage Fund Direct IDCW
Mirae Asset Arbitrage Fund Direct IDCW sits in the middle of the pack for Others funds, currently carrying a 3-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 60/100.
Cost: At 0.13%, the expense ratio runs 30% above the Others category average of 0.1%. That gap is worth weighing against the fund's actual performance versus cheaper peers before committing to a long SIP.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a modest Sharpe ratio of 0.26 — returns have only marginally compensated for the risk taken. Separately, annualised volatility of 1.33% is on the lower side for a Others fund, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Debt fund.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about Mirae Asset Arbitrage Fund Direct IDCW
The current NAV (Net Asset Value) of Mirae Asset Arbitrage Fund Direct IDCW is ₹10.65. NAV is updated every business day after market close by AMFI.
1Y: 5.35% · 3Y CAGR: 7.39% · 5Y CAGR: 6.68%
The expense ratio of Mirae Asset Arbitrage Fund Direct IDCW is 0.13% per annum. This is the annual fee charged by the fund to manage your investment.
Mirae Asset Arbitrage Fund Direct IDCW is managed by Mahendra Kumar Jajoo at Mirae Asset Mutual Fund.
Mirae Asset Arbitrage Fund Direct IDCW is classified as a Moderate risk fund. It is suitable for investors with a moderate risk appetite.
Mirae Asset Arbitrage Fund Direct IDCW is a Others fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in Mirae Asset Arbitrage Fund Direct IDCW with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of Mirae Asset Arbitrage Fund Direct IDCW is ₹22 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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