Sharpe ratio
-0.29Return earned for the risk taken.
Negative
Negative means the fund has not rewarded investors well for the risk taken recently.
+6.66%1Y Absolute Return
-0.03%1D
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Past performance is not an indicator of future returns.
Returns calculator comparison
Compare an illustrative investment outcome across return assumptions.
| Asset | Projected corpus | Total invested | Gain | Annual return |
|---|---|---|---|---|
| Mirae Asset Arbitrage Fund Direct GrowthFund 5Y annualised return | ₹8,64,225 | ₹7,32,612 | ₹1,31,613 | +6.84% |
| EPFIllustrative annual assumption | ₹8,95,132 | ₹7,32,612 | ₹1,62,520 | +8.25% |
| Residential propertyIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| PPFIllustrative annual assumption | ₹8,69,819 | ₹7,32,612 | ₹1,37,207 | +7.10% |
| Bank fixed depositIllustrative annual assumption | ₹8,56,981 | ₹7,32,612 | ₹1,24,369 | +6.50% |
| GoldIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| Savings accountIllustrative annual assumption | ₹7,86,827 | ₹7,32,612 | ₹54,215 | +3.00% |
Illustration only. Fund results use the available NAV-derived annualised return and can be negative. Reference rows are assumptions, not current quoted rates or guaranteed returns; property excludes transaction costs, taxes, and liquidity constraints. Mutual fund investments are subject to market risk.
Wealth multiple
₹1 became₹1.06
₹1 Lakh since launch₹1.06 Lakh
Fund age6.4 yrs
Fund information
Scheme code148401
ISININF769K01FS1
BenchmarkNIFTY 50 Arbitrage TRI
CategoryHybrid Scheme - Arbitrage Fund
Expense ratio2.65%
Exit loadExit load of 0.25%, if redeemed within 15 days.
Minimum SIP₹99 SIP
Return comparison
23rd / 163 in category| Period | Fund | Benchmark | Category avg |
|---|---|---|---|
| 1M | +6.67% | — | — |
| 3M | +6.63% | — | — |
| 6M | +6.52% | — | — |
| 1Y | +6.66% | — | +4.86% |
| 3Y | +7.32% | — | +5.29% |
| 5Y | +6.84% | — | +5.25% |
| Since Launch | +6.25% | — | — |
Risk-adjusted performance
Every measure is expanded with a plain-language reading of the latest calculated value.
Sortino ratio
-0.57Return earned while limiting downside risk.
Negative
Negative means downside losses have outweighed the returns.
Standard deviation
1.51%How much the fund’s returns fluctuate over time.
Low volatility
Returns have been relatively stable.
Beta
—How closely the fund moves with the market.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Alpha
—Extra return generated above the benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Treynor ratio
—Return earned for each unit of market risk taken.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Calmar ratio
14.22How well the fund rewarded investors relative to its biggest decline.
Excellent
Excellent balance between returns and drawdowns.
Information ratio
—How consistently the fund outperformed its benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Portfolio allocation
Latest disclosed portfolio mix
Asset allocation
Portfolio100%
Hedged Equity70.92%
Debt15.18%
Cash14.29%
Market cap allocation
Sector allocation
Equity exposure by sector
Top holdings
10 of 337 disclosed positions
| Holding | Sector | Instrument type | Weight |
|---|---|---|---|
| Cash Margin | Unspecified | Cash Margin | 70.9185% |
| Net Receivables | Unspecified | Net Receivables | 11.0542% |
| Mirae Asset Liquid Fund Direct- Growth | Unspecified | Mutual Fund | 9.0434% |
| Repo | Unspecified | Repo | 4.7271% |
| Mirae Asset Money Market Fund Direct - Growth | Unspecified | Mutual Fund | 4.6406% |
| ICICI Bank Ltd | Financial | Equity | 1.4939% |
| Larsen & Toubro Ltd | Industrials | Equity | 1.3464% |
| BSE Ltd | Financial | Equity | 1.3218% |
| Bharti Airtel Ltd | Technology | Equity | 1.2945% |
| REC Ltd | Financial | Equity | 1.1559% |
Fund management
KR
Krishnpal Yadav
Since 2025 · Prior to joining the Mirae Asset MF, Mr. Yadav was Dealer (Fixed Income) specializing in trading Non-SLR (Statutory Liquidity Ratio) securities.
MBA (IIM Indore)
JI
Jigar Shethia
Since 2020 · Prior to joining Mirae Asset Mutual Fund, he has worked with Sushil Financial Services Pvt Ltd as Assistant Manager – Equity.
Mr. Shethia is a BCOM & CFA Level 3
JI
Jignesh N. Rao
Since 2020 · Prior to joining Mirae Asset Mutual Fund, he was associated with Motilal Oswal Asset Management Company Ltd. as Dealer – Equity
Mr. Rao has done B.Sc and PGDBA
Compare similar funds
No comparable category funds are available yet.
Summary
A low-risk hybrid scheme - arbitrage fund. Same fund manager for 6+ years — the strategy has not chopped and changed. Returns depend on cash-futures spreads and can temporarily fall below liquid-fund levels.
Strengths
- Same fund manager for 6+ years — the strategy has not chopped and changed.
- Ranks 23 of 163 in its category over 1 year.
Weaknesses
- None
Ideal investor
- Suited for parking money for 3–12 months or longer — an alternative to liquid funds and short-term FDs.
- Taxed as an equity fund, which may be more efficient than an FD for some tax brackets.
Risk drivers
- Cash-futures spread compression can reduce arbitrage returns.