Parag Parikh Arbitrage Fund Regular vs Mirae Asset Arbitrage Fund Regular Growth compare
Mirae Asset Arbitrage Fund Regular Growth
Parag Parikh Arbitrage Fund Regular - Growth
Chart Comparison
Overview
| Scheme Name | Mirae Asset Arbitrage Fund Regular Growth | Parag Parikh Arbitrage Fund Regular - Growth |
|---|---|---|
| Fund | Mirae Asset Arbitrage Fund Regular Growth | Parag Parikh Arbitrage Fund Regular - Growth |
| Investment Plan | Growth | Growth |
| Level of Risk | Low | Low |
| Asset Size (Cr) | ₹3805 Cr | ₹1971 Cr |
| Min Investment | ₹5000 | ₹1000 |
| Min SIP Invesment | ₹99 | ₹1000 |
| Min Addl Investment | ₹1000 | ₹1000 |
| Launch Date | 19 Jun 2020 | 02 Nov 2023 |
| Category | Arbitrage Funds | Arbitrage Funds |
| Fund Type | Open Ended | Open Ended |
| Benchmark | Nifty 50 Arbitrage Index | BSE Liquid Rate Index |
| Turn Over | 2293% | % |
| Expense Ratio | 0.92 | 0.66 |
| Manager | Jignesh Rao | Rajeev Thakkar |
| ISIN Code | INF769K01FP7 | INF879O01217 |
| Exits Load | Mirae Asset Arbitrage Fund - Growth charges 0.25% of sell value; if fund sold before 15 days. There are no other charges./365 | Parag Parikh Arbitrage Fund - Regular Plan - Growth charges 0.25% of sell value; if fund sold before 30 days. There are no other charges./365 |
Trailing Lumpsum Returns
| Scheme Name | Mirae Asset Arbitrage Fund Regular Growth | Parag Parikh Arbitrage Fund Regular - Growth |
|---|---|---|
| 1 Month | 0.57% | 0.6% |
| 6 Month | 2.78% | 2.85% |
| 1 Year | 6.06% | 6.17% |
| 3 Year | 6.88% | - |
| 5 Year | 5.68% | - |
SIP Return Analysis
| Scheme Name | Mirae Asset Arbitrage Fund Regular Growth | Parag Parikh Arbitrage Fund Regular - Growth |
|---|---|---|
| 6 Month | 1.43% | 1.47% |
| 1 Year | 5.73% | 5.93% |
| 3 Year | 6.56% | - |
| 5 Year | 6.3% | - |
Rolling Lumpsum Returns
| Scheme Name | Mirae Asset Arbitrage Fund Regular Growth | Parag Parikh Arbitrage Fund Regular - Growth |
|---|---|---|
| 1 Year | 6.18% | 6.83% |
| 3 Year | 5.85% | - |
| 5 Year | 5.52% | - |
Risk Management
| Scheme Name | Mirae Asset Arbitrage Fund Regular Growth | Parag Parikh Arbitrage Fund Regular - Growth |
|---|---|---|
| Standard Deviation | 0.7% | - |
| Sharp | 2.09% | - |
| Beta | 0.61% | - |
| Alpha | 0.01% | - |
Fund Managers
| Scheme Name | Mirae Asset Arbitrage Fund Regular Growth | Parag Parikh Arbitrage Fund Regular - Growth |
|---|---|---|
| Name | Jignesh Rao | Rajeev Thakkar |
| Total AUM | ₹676 Cr | ₹0 Cr |
| Funds Managed | 1 | 5 |
| Mirae Asset Arbitrage Fund Regular Growth | Parag Parikh Arbitrage Fund Regular - Growth |
Market Cap
| Scheme Name |
Mirae Asset Arbitrage Fund Regular Growth |
Parag Parikh Arbitrage Fund Regular - Growth |
|---|---|---|
| Others | 21.54 | 24.25 |
| Large Cap | 43.11 | 56.79 |
| Mid Cap | 29.49 | 16.21 |
| Small Cap | 5.87 | 2.75 |
Sector Allocation
| Scheme Name |
Mirae Asset Arbitrage Fund Regular Growth |
Parag Parikh Arbitrage Fund Regular - Growth |
|---|---|---|
| Others | 18.85 | 24.25 |
| Energy | 3.34 | - |
| Industrials | 9.49 | - |
| Basic Materials | 9.26 | - |
| Healthcare | 7.25 | - |
| Consumer Defensive | 4.61 | - |
| Financial Services | 20.39 | - |
| Technology | 8.12 | - |
| Consumer Cyclical | 12.22 | - |
| Real Estate | 2.36 | - |
| Utilities | 1.5 | - |
| Communication Services | 2.61 | - |
| Petroleum Products | - | 4.09 |
| Personal Products | - | 0.03 |
| Construction | - | 0.61 |
| Ferrous Metals | - | 2.44 |
| Finance | - | 5.73 |
| Banks | - | 27.69 |
| Non - Ferrous Metals | - | 0.59 |
| Cement & Cement Products | - | 1.83 |
| Leisure Services | - | 0.36 |
| Pharmaceuticals & Biotechnology | - | 0.86 |
| Automobiles | - | 2.83 |
| Aerospace & Defense | - | 3.67 |
| Transport Services | - | 0.01 |
| Power | - | 2.06 |
| Gas | - | 0.47 |
| IT - Services | - | 0.02 |
| Diversified FMCG | - | 0.71 |
| Agricultural Food & other Products | - | 0.17 |
| Beverages | - | 0.44 |
| Diversified Metals | - | 0.42 |
| Oil | - | 1.11 |
| Food Products | - | 0.04 |
| Electrical Equipment | - | 2.92 |
| Realty | - | 1.71 |
| Consumer Durables | - | 1.09 |
| Auto Components | - | 0.23 |
| Chemicals & Petrochemicals | - | 0.04 |
| IT - Software | - | 1.76 |
| Telecom - Services | - | 5.02 |
| Healthcare Services | - | 0.19 |
| Financial Technology (Fintech) | - | 0.5 |
| Minerals & Mining | - | 2.07 |
| Industrial Products | - | 0.13 |
| Insurance | - | 0.01 |
| Retailing | - | 2.27 |
| Transport Infrastructure | - | 1.63 |
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