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Mirae Asset Arbitrage Fund Direct IDCW

Mirae Asset · Arbitrage
Low
₹14.36
Current NAV
25 Jun 2026
5.2%
1Y Return
7.2%
3Y CAGR
6.9%
5Y CAGR
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Analysis & Suitability
Pros / Upsides
  • Highly cost-efficient with a low expense ratio of 0.87%.
  • Generates significant excess returns relative to benchmark index (Alpha: 5.97).
  • Very large asset base (AUM: ₹12,020 Cr) indicating high investor trust and liquidity.
Cons / Risks
  • Sluggish 3-year performance, lagging behind primary equity benchmarks.
Suitable for
  • Systematic investments (SIP) for long-term target goal-based planning.
Not suitable for
  • Short-term trading or speculative investment horizons.
Risk Profile: Low Risk
Low Moderate High Very High
Risk Metrics
0.97
Sharpe Ratio
0.57
Beta
5.97
Alpha
1.23
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Fund Details
Fund House Mirae Asset
Category Arbitrage
AUM ₹12020 Cr
Expense Ratio 0.87%
Min SIP ₹500
Min Lumpsum ₹1000
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