Hybrid
●
Arbitrage
Current NAV
₹13.20
Expense Ratio
0.92%
Min SIP
₹99
Fund Size
₹2869Cr
Min Investment
₹5.00K
Lock In
NA
Scheme Information Document
Exit load: 0.25% on or before 15D, Nil after 15D
Alpha
-0.02%
Beta
0.58
Sharpe Ratio
0.084348
Risk
6.82%
Above numbers are based upon past 3 years
Would have become
₹1,49,748.59
(6.30)%
| Name | Holding(%) |
| Name | Sector(%) |
| Name | Assets(%) |
Jignesh Rao
Mirae Asset Arbitrage FundTotal assets under management
₹198.34L Crores
Date of incorporation
20 Nov 2006
Ans.
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Ans. The Mirae Asset Arbitrage Fund has an AUM of ₹2869.34 Cr as on 1/1/1. The scheme has delivered CAGR returns for the past 3 years against a category average of 6.76%. The risk is Low against the category average of 21.68.
Ans. Mutual fund taxation depends on the scheme type and investment holding period.
Taxation on hybrid funds: If equity allocation is 65% or above: STCG of 20% is applicable if units are sold within one year of purchase. For units sold after one year of purchase, LTCG of 12.5% is levied on gains above ₹1.25 lakhs in a financial year.
If debt allocation in a hybrid fund is 65% or more, gains are added to income and taxed as per slab rate irrespective of the holding period.
Ans. There is no lock-in period applicable on Mirae Asset Arbitrage Fund.
Ans. The expense ratio of Mirae Asset Arbitrage Fund is 0.92%.