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Mirae Asset Income plus Arbitrage Active FOF - Direct Plan - IDCW

Mirae Asset · Arbitrage
Low
₹10.68
Current NAV
03 Nov 2026
4.7%
1Y Return
5.0%
3Y CAGR
6.2%
5Y CAGR
Watchlist
NAV History (1 Year)
Analysis & Suitability
Pros / Upsides
  • Highly cost-efficient with a low expense ratio of 0.1%.
  • Generates significant excess returns relative to benchmark index (Alpha: 4.50).
  • Very large asset base (AUM: ₹12,050 Cr) indicating high investor trust and liquidity.
Cons / Risks
  • Lower risk-adjusted performance compared to top peers in the same category.
  • 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
0.50
Sharpe Ratio
0.70
Beta
4.50
Alpha
0.55
Sortino
Fund Details
Fund House Mirae Asset
Category Arbitrage
AUM ₹12050 Cr
Expense Ratio 0.10%
Min SIP ₹500
Min Lumpsum ₹1000
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