Mirae Asset Arbitrage Fund - Direct Plan - IDCW

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : Arbitrage Fund

Fund House : Mirae Asset Mutual Fund

NAV

This number shows latest NAV (Net Asset Value) and change in the NAV from previous day. NAV is nothing but the unit price for the fund. You will be allocated number of units based on this price. NAV is declared once each day generally at the end of the day. Once you invest in mutual funds, your money is further invested in stocks and bonds by mutual fund managers. Mutual Fund NAV is the per unit latest value of all such stocks/bonds held in the portfolio

: ₹ 13.741 0.09%
(as on 17th October, 2025)

Crisil Rating

Below average performance among peers

Fund Size

: ₹ 3095.84 Cr

(0.93% of Investment in Category)

Expense Ratio

: 0.15%

(0.34% Category average)

Risk-O-Meter

Low Risk

Arbitrage Fund :Arbitrage Fund : The fund has 75.86% investment in domestic equities of which 32.03% is in Large Cap stocks, 19.78% is in Mid Cap stocks, 5.31% in Small Cap stocks.

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3M
6M
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ALL

This Scheme

VS

Nifty 50 Arbitrage Index

0.72%

1.83%

3.31%

7.99%

7.51%

6.07%

6.61%
NA
0.63%

1.55%

3.08%

7.1%

7.54%

6.17%

6.2%

NA
Gold

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ALL

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Returns Calculator
SIP Calculator
VIP (Value Avg)

Amount

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Profit/Loss

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Annualised Returns

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Returns (NAV as on 17th October, 2025)

Period Invested for	₹10000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	10-Oct-25	10026.30	0.26%	-	0.25%	6/34
1 Month	17-Sep-25	10068.10	0.68%	-	0.63%	2/34
3 Month	17-Jul-25	10158.20	1.58%	-	1.55%	11/33
6 Month	17-Apr-25	10310.60	3.11%	-	3.08%	17/33
YTD	01-Jan-25	10553.00	5.53%	-	5.52%	17/32
1 Year	17-Oct-24	10716.70	7.17%	7.17%	7.10%	16/29
2 Year	17-Oct-23	11603.60	16.04%	7.71%	7.54%	8/27
3 Year	17-Oct-22	12483.90	24.84%	7.67%	7.52%	8/26
5 Year	16-Oct-20	13579.40	35.79%	6.30%	6.17%	10/25
Since Inception	19-Jun-20	13741.00	37.41%	6.14%	6.20%	24/34

Returns Calculator Detailed Returns Analysis

SIP Returns (NAV as on 17th October, 2025)

Period Invested for	₹1000 SIP Started on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	17-Oct-24	12000	12443.49	3.7 %	6.9 %
2 Year	17-Oct-23	24000	25859.35	7.75 %	7.35 %
3 Year	17-Oct-22	36000	40384.6	12.18 %	7.6 %
5 Year	16-Oct-20	60000	71705.89	19.51 %	7.06 %

SIP Calculator Detailed Returns Analysis

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 12.5%, if your total long term capital gain exceeds 1.25 lakh. Any cess/surcharge is not included. If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 20%. Any cess/surcharge is not included in the 20%.

Portfolio (Updated on 30th Sep,2025)

Portfolio Turnover Ratio : 1805.00% | Category average turnover ratio is 1182.91%

Fund manager updated portfolio more frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for shorter duration than peers)

Equity Holding : 75.86% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 75.86%

No of Stocks : 161 (Category Avg - 144.70) | Large Cap Investments : 32.03%| Mid Cap Investments : 19.78% | Small Cap Investments : 5.31% | Other : 18.77%

Top 10 Stocks in Portfolio

How to read this table?

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
# Kalyan Jewellers India Ltd.	Gems, jewellery and watches	504.4	1.63%	1.63%	1.63% (Sep 2025)	0% (Oct 2024)	11.10 L	11.10 L
RBL Bank Ltd.	Private sector bank	441.9	1.43%	0.34%	1.43% (Sep 2025)	0% (Oct 2024)	15.94 L	4.03 L
Sammaan Capital Ltd.	Housing finance company	380.4	1.23%	0.52%	1.23% (Sep 2025)	0% (Oct 2024)	23.65 L	7.18 L
Tech Mahindra Ltd.	Computers - software & consulting	368	1.19%	0.83%	2.4% (Apr 2025)	0% (Oct 2024)	2.63 L	1.93 L
# UPL Ltd.	Pesticides & agrochemicals	358.1	1.16%	1.16%	1.16% (Sep 2025)	0% (Oct 2024)	5.46 L	5.46 L
Oil & Natural Gas Corporation Ltd.	Oil exploration & production	354	1.14%	0.35%	1.14% (Sep 2025)	0.4% (Feb 2025)	14.78 L	5.00 L
Hindustan Zinc Ltd.	Zinc	349.9	1.13%	0.52%	1.13% (Sep 2025)	0% (Oct 2024)	7.25 L	3.07 L
Muthoot Finance Pvt. Ltd.	Non banking financial company (nbfc)	335.9	1.09%	-0.15%	1.8% (Jul 2025)	0% (Oct 2024)	1.09 L	-0.25 L
Maruti Suzuki India Ltd.	Passenger cars & utility vehicles	305.4	0.99%	-0.25%	1.38% (Jan 2025)	0% (Oct 2024)	19.05 k	-4.90 k
Ambuja Cements Ltd.	Cement & cement products	296.8	0.96%	0.42%	0.96% (Sep 2025)	0.42% (Feb 2025)	5.21 L	2.46 L

- indicates change in weight in the portfolio. # indicates a new entry.

Detailed Portfolio Analysis

Name	Type of Instrument	Weight (%)
MF Units	MF Units	8.83%
Net Receivables	Net Receivables	6.31%
TREPS	TREPS	4.80%
MF Units	MF Units	4.19%

Detailed Portfolio Analysis

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 30th September, 2025)

Standard Deviation
Standard Deviation value gives an idea about how volatile fund returns has been in the past 3 years. Lower value indicates more predictable performance. So if you are comparing 2 funds (lets say Fund A and Fund B) in the same category. If Fund A and Fund B has given 9% returns in last 3 years, but Fund A standard deviation value is lower than Fund B. So you can say that there is a higher chance that Fund A will continue giving similar returns in future also whereas Fund B returns may vary.

High volatility

0.88vs0.84

Category Avg
Beta
Beta value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market. So if you are comparing 2 funds (lets say Fund A and Fund B) in the same category. If Fund A and Fund B has given 9% returns in last 3 years, but Fund A beta value is lower than Fund B. So you can say that there is a higher chance that Fund A will continue giving similar returns in future also whereas Fund B returns may vary.

High volatility

0.53vs0.51

Category Avg
Sharpe Ratio
Sharpe ratio indicates how much risk was taken to generate the returns. Higher the value means, fund has been able to give better returns for the amount of risk taken. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the standard deviation of returns. For example, if fund A and fund B both have 3-year returns of 15%, and fund A has a Sharpe ratio of 1.40 and fund B has a Sharpe ratio of 1.25, you can chooses fund A, as it has given higher risk-adjusted return.

Better risk adjusted returns

0.96vs0.94

Category Avg
Treynor's Ratio
Treynor's ratio indicates how much excess return was generated for each unit of risk taken. Higher the value means, fund has been able to give better returns for the amount of risk taken. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the beta of returns. For example, if fund A and fund B both have 3-year returns of 15%, and fund A has a Treynor's ratio of 1.40 and fund B has a Treynor's ratio of 1.25, then you can chooses fund A, as it has given higher risk-adjusted return.

Better risk adjusted returns

0.02vs0.02

Category Avg
Jensen's Alpha
Alpha indicates how fund generated additional returns compared to a benchmark. Let's say if a fund A benchmarks its returns with Nifty50 returns then alpha equal to 1.0 indicates the fund has beaten the nifty returns by 1%, so the higher the alpha, the better.

Better risk adjusted returns

0.07vs0.04

Category Avg

Alternative Funds (Category Peers)

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
WhiteOak Capital Arbitrage Fund - Direct Plan - Growth	NA	665.18	0.64	1.67	3.30	7.52	0.00
Aditya Birla Sun Life Arbitrage Fund - Direct Plan - Growth	5	22618.88	0.64	1.58	3.19	7.41	7.75
Tata Arbitrage Fund - Direct Plan - Growth	5	19149.57	0.62	1.60	3.22	7.40	7.82
ITI Arbitrage Fund - Direct Plan - Growth	NA	48.18	0.68	1.61	3.30	7.39	7.27
Kotak Arbitrage Fund - Direct Plan - Growth	5	71517.53	0.64	1.56	3.13	7.35	7.84
Invesco India Arbitrage Fund - Direct Plan - Growth	3	27022.81	0.65	1.61	3.21	7.34	7.88
Edelweiss Arbitrage Fund - Direct Plan - Growth	4	16053.09	0.64	1.56	3.13	7.34	7.79
SBI Arbitrage Opportunities Fund - Direct Plan - Growth	4	39217.39	0.63	1.56	3.18	7.29	7.74
UTI Arbitrage Fund - Direct Plan - Growth	4	9167.09	0.65	1.58	3.14	7.29	7.68
ICICI Prudential Equity - Arbitrage Fund - Direct Plan - Growth	3	32573.00	0.64	1.55	3.10	7.26	7.66

Detailed Comparison

More Funds from Mirae Asset Mutual Fund

Out of 51 mutual fund schemes offered by this AMC, 1 is/are ranked 5 * , 3 is/are ranked 4 * , 3 is/are ranked 3 * , 7 is/are ranked 2 * , 1 is/are ranked 1 * , and 36 schemes are not ranked. See more about AMC

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Mirae Asset Large & Midcap Fund - Direct Plan - Growth	2	40821.90	0.72	1.70	12.99	3.98	19.17
Mirae Asset Large Cap Fund - Direct Plan - Growth	2	39615.50	0.73	2.13	9.26	5.49	15.37
Mirae Asset ELSS Tax Saver Fund - Direct Plan - Growth	3	25910.64	0.89	1.60	12.11	5.80	19.60
Mirae Asset Midcap Fund - Direct Plan - Growth	2	17194.25	-0.12	1.53	18.46	4.16	22.02
Mirae Asset Liquid Fund - Direct Plan - Growth	4	11367.77	0.48	1.43	3.04	6.84	7.10
Mirae Asset Aggressive Hybrid Fund - Direct Plan - Growth	2	9128.00	0.80	1.30	8.38	5.16	16.01
Mirae Asset Focused Fund - Direct Plan - Growth	1	7769.11	-0.51	0.49	11.27	2.53	14.32
Mirae Asset Great Consumer Fund - Direct Plan - Growth	NA	4632.32	-0.34	5.39	12.88	0.39	20.29
Mirae Asset Multicap Fund - Direct Plan - Growth	NA	4126.15	-0.04	1.51	14.12	5.57	0.00
Mirae Asset Flexi Cap Fund - Direct Plan - Growth	NA	3107.47	-0.07	1.43	11.72	4.98	0.00