Mirae Asset Arbitrage Fund Overview
Category Arbitrage Fund
BMSMONEY Rank 11
Rating
Growth Option 11-04-2025
NAV ₹12.86(R) -0.01% ₹13.32(D) 0.0%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular -% 6.54% -% -% -%
Direct -% 7.35% -% -% -%
Benchmark
SIP (XIRR) Regular -9.5% 5.29% -% -% -%
Direct -8.83% 6.12% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
-0.25 -0.09 0.65 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.57% 0.0% 0.0% - 0.45%
Top Arbitrage Fund
Fund Name Rank Rating
Invesco India Arbitrage Fund 1
Kotak Equity Arbitrage Fund 2
sbi arbitrage opportunities fund 3
Uti Arbitrage Fund 4
Icici Prudential Equity - Arbitrage Fund 5

NAV Date: 11-04-2025

Scheme Name NAV Rupee Change Percent Change
Mirae Asset Arbitrage Fund Regular Growth 12.86
0.0000
-0.0100%
Mirae Asset Arbitrage Fund Regular IDCW 12.86
0.0000
0.0000%
Mirae Asset Arbitrage Fund Direct IDCW 13.3
0.0000
0.0100%
Mirae Asset Arbitrage Fund Direct Growth 13.32
0.0000
0.0000%

Review Date: 11-04-2025

Beginning of Analysis

In the Arbitrage Fund category, Mirae Asset Arbitrage Fund is the 11th ranked fund. The category has total 23 funds. The 3 star rating shows an average past performance of the Mirae Asset Arbitrage Fund in Arbitrage Fund. The fund has a Sharpe Ratio of -0.25 which is lower than the category average of -0.45.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Arbitrage Mutual Funds

Mirae Asset Arbitrage Fund Return Analysis

  • The fund has given a return of 0.7%, 1.84 and 3.83 in last one, three and six months respectively. In the same period the category average return was 0.77%, 1.83% and 3.76% respectively.
  • The fund has given a return of 7.35% in last three years and ranked 8.0th out of 23 funds in the category. In the same period the Arbitrage Fund category average return was 7.17%.
  • The fund has given a SIP return of -8.83% in last one year whereas category average SIP return is -8.9%. The fund one year return rank in the category is 14th in 27 funds
  • The fund has SIP return of 6.12% in last three years and ranks 7th in 23 funds. Kotak Equity Arbitrage Fund has given the highest SIP return (6.28%) in the category in last three years.

Mirae Asset Arbitrage Fund Risk Analysis

  • The fund has a standard deviation of 0.57 and semi deviation of 0.45. The category average standard deviation is 0.56 and semi deviation is 0.44.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Arbitrage Fund Category
  • Good Performance in Arbitrage Fund Category
  • Poor Performance in Arbitrage Fund Category
  • Very Poor Performance in Arbitrage Fund Category


    • Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Mirae Asset Arbitrage Fund NAV Regular Growth Mirae Asset Arbitrage Fund NAV Direct Growth
    11-04-2025 12.859 13.318
    09-04-2025 12.86 13.318
    08-04-2025 12.852 13.309
    07-04-2025 12.85 13.307
    04-04-2025 12.856 13.312
    03-04-2025 12.844 13.299
    02-04-2025 12.837 13.292
    01-04-2025 12.829 13.283
    28-03-2025 12.837 13.29
    27-03-2025 12.808 13.26
    26-03-2025 12.81 13.262
    25-03-2025 12.809 13.261
    24-03-2025 12.805 13.256
    21-03-2025 12.799 13.249
    20-03-2025 12.8 13.25
    19-03-2025 12.79 13.24
    18-03-2025 12.786 13.235
    17-03-2025 12.783 13.232
    13-03-2025 12.795 13.243
    12-03-2025 12.782 13.229
    11-03-2025 12.778 13.225

    Fund Launch Date: 19/Jun/2020
    Fund Category: Arbitrage Fund
    Investment Objective: The investment objective of the scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market instruments. There is no assurance or guarantee that the investment objective of the scheme will be realized
    Fund Description: An open ended scheme investing in arbitrage opportunities
    Fund Benchmark: NIFTY 50 Arbitrage Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.