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Mirae Asset Arbitrage Fund Regular IDCW
★★★★★ monitor_heart Health Score: 54/100 · AverageMirae Asset Mutual Fund · Hybrid · Arbitrage
₹13.82
AUM: ₹3,642 Cr
NAV updated 16 days ago
Plan
Regular
Option
Idcw
Risk
Moderate
Expense Ratio
2.65%
Exit Load
Exit load of 0.25%, if redeemed within 15 days.
Fund Manager
Mahendra Kumar Jajoo
Inception
Jun 2020
Benchmark
NIFTY 50 Arbitrage Total Return Index
Sharpe Ratio
-0.43
Std Dev (1Y)
1.03%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.8%
3m
+1.68%
6m
+3.26%
1y
+6.61%
3y
+7.55%
5y
+6.67%
10y
—
since inception
+5.46%
rate_review TopFund's Take on Mirae Asset Arbitrage Fund Regular IDCW
Mirae Asset Arbitrage Fund Regular IDCW sits in the middle of the pack for Arbitrage funds, backed by a 4-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 54/100.
Cost: At 2.65%, the expense ratio runs 69% above the Arbitrage category average of 1.57%. 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 negative Sharpe ratio of -0.43 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 1.03% is on the lower side, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Hybrid 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.
donut_small Sector Allocation
pie_chart Asset Allocation
info Fund Snapshot
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tips_and_updates Tools & Guides for This Fund
Frequently Asked Questions about Mirae Asset Arbitrage Fund Regular IDCW
The current NAV (Net Asset Value) of Mirae Asset Arbitrage Fund Regular IDCW is ₹13.82. NAV is updated every business day after market close by AMFI.
1Y: 6.61% · 3Y CAGR: 7.55% · 5Y CAGR: 6.67%
The expense ratio is 2.65% per annum — the annual fee deducted from your investment to cover fund management costs.
Mirae Asset Arbitrage Fund Regular IDCW is managed by Mahendra Kumar Jajoo at Mirae Asset Mutual Fund.
Mirae Asset Arbitrage Fund Regular IDCW is a Moderate risk fund. Suitable for investors with a moderate risk appetite.
Mirae Asset Arbitrage Fund Regular IDCW is a Arbitrage fund. SIP suitability depends on your investment goal and risk profile.
The Assets Under Management (AUM) of Mirae Asset Arbitrage Fund Regular IDCW is ₹3,643 crore as of the latest data.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.