Grow Your Wealth
with Mutual Funds
Mirae Asset Arbitrage Fund Direct-growth
Hybrid
Large Cap
Low Risk
Latest AUM
₹ 3,474.2 Cr.
NAV as on 27 jul, 2026
₹ 14.46
+20.58%
3 years annulised
This Fund
Fund Details
Fund Names
Mirae Asset Arbitrage Fund Direct-growth
Inception Date
19 Jun 2020
Lock In
No Lock-in
Risk
Principal at low risk
Category Average Annual Returns
6.53
Portfolio Composition Analysis
Debt
15.18%
Cash
85.20%
Portfolio Updated on: 13 Jul, 2026
Sector Allocations
Equity
Debt
Financial
Materials
Consumer Discretionary
Technology
Industrials
Energy & Utilities
Healthcare
Consumer Staples
Real Estate
Diversified
Portfolio Updated on: 27 jul, 2026
Top 10 Holdings
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| HDFC Bank Ltd | Financial | Equity | 3.34% |
| UPL Ltd | Materials | Equity | 1.80% |
| UPL Ltd | Materials | Equity | 1.95% |
| UPL Ltd | Materials | Equity | 1.95% |
| Maruti Suzuki India Ltd | Consumer Discretionary | Equity | 1.00% |
| Canara Bank | Financial | Equity | 1.78% |
| Bharti Airtel Ltd | Technology | Equity | 1.00% |
| Infosys Ltd | Technology | Equity | 1.49% |
| Maruti Suzuki India Ltd | Consumer Discretionary | Equity | 1.48% |
| Prestige Estates Projects Ltd | Real Estate | Equity | 1.00% |
Debt & Credit Risk Analysis
| Sharpe Ratio | 3.68% |
| Standard Deviation | 0.38% |
Returns Analysis
| Tenure | Absolute | Annualised | Category Average |
|---|---|---|---|
| 3 Months | 1.65% | NA | 1.51% |
| 6 Months | 3.29% | NA | 3.08% |
| 9 Months | 5.03% | NA | 4.74% |
| 1 Year | 6.54% | 6.54% | 6.53% |
| 2 Years | 14.40% | 6.96% | 6.99% |
| 3 Years | 24.33% | 7.53% | 6.77% |
| 5 Years | 37.98% | 6.65% | 5.46% |
Mirae Asset Arbitrage Fund Direct-growth is one Hybrid mutual fund offered by Mirae Asset Mutual Fund. Launched on 19 Jun 2020, the fund aims Income over short term. Investments predominantly in arbitrage opportunities in the cash and derivatives segments and the arbitrage opportunities available within the derivative segment. It manages assets worth ₹3,474.2 crore as on Tue Mar 31, 2026. The expense ratio stands at 0.13%.
Amit Modani has experience Prior to joining Mirae Asset Mutual Fund, he has worked with BOI AXA Mutual Fund, Quantum Asset Management Company Private Limited and Pramerica Asset Managers Pvt. Ltd.
Jigar Shethia has experience Prior to joining Mirae Asset Mutual Fund, he has worked with Sushil Financial Services Pvt Ltd as Assistant Manager – Equity.
Jignesh N. Rao has experience Prior to joining Mirae Asset Mutual Fund, he was associated with Motilal Oswal Asset Management Company Ltd. as Dealer – Equity
Top Performing Mutual Funds
| Fund name | |||||||
|---|---|---|---|---|---|---|---|
| Invesco India Arbitrage Fund Direct-growth | 26,370.1 | +0.53% | +1.64% | +3.34% | +6.60% | +7.60% | +6.93% |
| Invesco India Arbitrage Fund Direct-growth | 26,370.1 | +0.53% | +1.64% | +3.34% | +6.60% | +7.60% | +6.93% |
| Invesco India Arbitrage Fund Direct-idcw | 26,370.1 | +0.53% | +1.64% | +3.34% | +6.60% | +7.60% | +6.93% |
| Invesco India Arbitrage Fund Direct-idcw | 26,370.1 | +0.53% | +1.64% | +3.34% | +6.60% | +7.60% | +6.93% |
| Kotak Arbitrage Fund Direct-growth | 67,116.5 | +0.50% | +1.61% | +3.36% | +6.50% | +7.62% | +6.82% |
| Kotak Arbitrage Fund Direct-growth | 67,116.5 | +0.50% | +1.61% | +3.36% | +6.50% | +7.62% | +6.82% |
| Kotak Arbitrage Fund Direct-idcw Monthly | 67,116.5 | +0.50% | +1.61% | +3.36% | +6.50% | +7.62% | +6.82% |
| Kotak Arbitrage Fund Direct-idcw Monthly | 67,116.5 | +0.50% | +1.61% | +3.36% | +6.50% | +7.62% | +6.82% |
| Edelweiss Arbitrage Fund Direct-growth | 14,413.9 | +0.53% | +1.63% | +3.35% | +6.49% | +7.58% | +6.79% |
| Edelweiss Arbitrage Fund Direct-idcw | 14,413.9 | +0.53% | +1.63% | +3.35% | +6.49% | +7.58% | +6.79% |
growth is based on 1-month returns of the funds & Top fund are based on 3Y Returns
More Funds from Mirae Asset Mutual Fund
| Fund name | |||||||
|---|---|---|---|---|---|---|---|
| Mirae Asset Arbitrage Fund Regular-growth | 3,474.2 | +0.49% | +1.45% | +2.89% | +5.71% | +6.70% | +5.85% |
| Mirae Asset Arbitrage Fund Direct-idcw | 3,474.2 | +0.56% | +1.65% | +3.29% | +6.54% | +7.53% | +6.65% |
| Mirae Asset Arbitrage Fund Regular-idcw | 3,474.2 | +0.49% | +1.45% | +2.89% | +5.71% | +6.70% | +5.85% |
growth is based on 1-month returns of the funds
Top Mutual Funds
| Fund name | |||||||
|---|---|---|---|---|---|---|---|
| Kotak Arbitrage Fund Regular-growth | 67,116.5 | +0.45% | +1.45% | +3.04% | +5.85% | +6.98% | +6.19% |
| Kotak Arbitrage Fund Direct-growth | 67,116.5 | +0.50% | +1.61% | +3.36% | +6.50% | +7.62% | +6.82% |
| Kotak Arbitrage Fund Direct-growth | 67,116.5 | +0.50% | +1.61% | +3.36% | +6.50% | +7.62% | +6.82% |
| Kotak Arbitrage Fund Regular-idcw Monthly | 67,116.5 | +0.45% | +1.45% | +3.04% | +5.85% | +6.98% | +6.19% |
| Kotak Arbitrage Fund Direct-idcw Monthly | 67,116.5 | +0.50% | +1.61% | +3.36% | +6.50% | +7.62% | +6.82% |
| Kotak Arbitrage Fund Direct-idcw Monthly | 67,116.5 | +0.50% | +1.61% | +3.36% | +6.50% | +7.62% | +6.82% |
| SBI Arbitrage Opportunities Fund-growth | 41,059.2 | +0.42% | +1.41% | +2.97% | +5.82% | +6.88% | +6.21% |
| SBI Arbitrage Opportunities Fund Direct-growth | 41,059.2 | +0.46% | +1.54% | +3.23% | +6.35% | +7.43% | +6.74% |
| SBI Arbitrage Opportunities Fund Direct-growth | 41,059.2 | +0.46% | +1.54% | +3.23% | +6.35% | +7.43% | +6.74% |
| SBI Arbitrage Opportunities Fund Direct-idcw | 41,059.2 | +0.46% | +1.54% | +3.23% | +6.35% | +7.43% | +6.74% |
Top funds are based on Fund AUM
Top Hybrid Funds
| Fund name | ||||
|---|---|---|---|---|
| Invesco India Arbitrage Fund Direct-growth | ₹36.98 | +7.60% | +6.93% | — |
| Invesco India Arbitrage Fund Direct-growth | ₹36.98 | +7.60% | +6.93% | — |
| Invesco India Arbitrage Fund Direct-idcw | ₹20.08 | +7.60% | +6.93% | — |
| Invesco India Arbitrage Fund Direct-idcw | ₹20.08 | +7.60% | +6.93% | — |
| Kotak Arbitrage Fund Direct-growth | ₹42.87 | +7.62% | +6.82% | — |
| Kotak Arbitrage Fund Direct-growth | ₹42.87 | +7.62% | +6.82% | — |
| Kotak Arbitrage Fund Direct-idcw Monthly | ₹11.19 | +7.62% | +6.82% | — |
| Kotak Arbitrage Fund Direct-idcw Monthly | ₹11.19 | +7.62% | +6.82% | — |
| Edelweiss Arbitrage Fund Direct-growth | ₹22.27 | +7.58% | +6.79% | — |
| Edelweiss Arbitrage Fund Direct-idcw | ₹15.92 | +7.58% | +6.79% | — |
growth is based on 5Y returns of the funds
Historical NAV
| Date | NAV |
|---|---|
| 27 Jul 2026 | ₹14.46 |
| 24 Jul 2026 | ₹14.46 |
| 23 Jul 2026 | ₹14.46 |
| 22 Jul 2026 | ₹14.47 |
| 21 Jul 2026 | ₹14.46 |
| 20 Jul 2026 | ₹14.44 |
| 17 Jul 2026 | ₹14.45 |
| 16 Jul 2026 | ₹14.44 |
| 15 Jul 2026 | ₹14.44 |
| 14 Jul 2026 | ₹14.45 |
| 13 Jul 2026 | ₹14.43 |
| 10 Jul 2026 | ₹14.43 |
| 09 Jul 2026 | ₹14.43 |
| 08 Jul 2026 | ₹14.44 |
| 07 Jul 2026 | ₹14.43 |
| 06 Jul 2026 | ₹14.42 |
| 03 Jul 2026 | ₹14.41 |
| 02 Jul 2026 | ₹14.41 |
| 01 Jul 2026 | ₹14.40 |
| 30 Jun 2026 | ₹14.38 |
| 29 Jun 2026 | ₹14.38 |
| 25 Jun 2026 | ₹14.38 |
| 24 Jun 2026 | ₹14.37 |
| 23 Jun 2026 | ₹14.38 |
| 22 Jun 2026 | ₹14.37 |
| 19 Jun 2026 | ₹14.36 |
| 18 Jun 2026 | ₹14.35 |
| 17 Jun 2026 | ₹14.35 |
| 15 Jun 2026 | ₹14.35 |
| 12 Jun 2026 | ₹14.33 |
Portfolio Updated on: 28 Jul, 2026
Fund Growth & Size Analysis
+₹3,474.2 Cr
Since Launch
This Fund
Category Average
Compare Mutual funds
Mirae Asset Arbitrage Fund Direct-growth Returns Comparison
Compare Mirae Asset Arbitrage Fund Direct-growth with any MF,
EYF, stock or index
Jan 1, 2026 – Feb 1, 2026
Mirae Asset Arbitrage ....
No funds found for your search.
Mirae Asset Arbitrage Fund Direct-growth FAQ'S
- Sharpe Ratio: 3.68%
- Standard Deviation: 0.38%
As of Tue Mar 31, 2026, the total assets managed under Mirae Asset Arbitrage Fund Direct-growth stand at approximately ₹ 3,474.2 crore.
The Mirae Asset Arbitrage Fund Direct-growth has delivered the following short-term performance:
- 3 Months Return: 1.65%
- 6 Months Return: 3.29%
The historical growth of the Mirae Asset Arbitrage Fund Direct-growth is reflected through its CAGR returns:
- 3 Year CAGR: 7.53%
- 5 Year CAGR: 6.65%
- Return Since Launch: 6.23%
The portfolio of Mirae Asset Arbitrage Fund Direct-growth is distributed across different asset classes as follows:
- Debt Instruments: 15.18%
- Other Assets: 85.20%
The Mirae Asset Arbitrage Fund Direct-growth is managed by Jignesh N. Rao, representing Mirae Asset Mutual Fund.
The Mirae Asset Arbitrage Fund Direct-growth investments are allocated across market caps in the following manner:
- Large Cap Stocks: 1.00%
- Mid Cap Stocks: 1.00%
- Small Cap Stocks: 1.00%
Top stock holdings of Mirae Asset Arbitrage Fund Direct-growth include:
- HDFC Bank Ltd – represents 3.34% of the portfolio
- UPL Ltd – represents 1.80% of the portfolio
- UPL Ltd – represents 1.95% of the portfolio
- UPL Ltd – represents 1.95% of the portfolio
- Maruti Suzuki India Ltd – represents 1.00% of the portfolio
- Canara Bank – represents 1.78% of the portfolio
- Bharti Airtel Ltd – represents 1.00% of the portfolio
- Infosys Ltd – represents 1.49% of the portfolio
- Maruti Suzuki India Ltd – represents 1.48% of the portfolio
- Prestige Estates Projects Ltd – represents 1.00% of the portfolio
Major sector exposures in Mirae Asset Arbitrage Fund Direct-growth are:
- Financial – accounts for 130.17% of the portfolio
- Materials – accounts for 54.46% of the portfolio
- Consumer Discretionary – accounts for 52.22% of the portfolio
- Technology – accounts for 39.25% of the portfolio
- Industrials – accounts for 36.33% of the portfolio
