Mirae Asset Arbitrage Fund Regular Growth

Mirae Asset Arbitrage Fund Regular Growth is a scheme launched by Mirae Asset Mutual Fund on June 19, 2020, and falls under the Arbitrage Funds fund category. It currently manages an AUM of Rs 2,998.23 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 5000. It charges an expense ratio of 0.92% for managing the portfolio.

• Investing Strategy:

  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.

• Performance:

  Mirae Asset Arbitrage Fund Regular Growth trailing returns over different times are 6.18% (1 year), 6.82% (3 year) and 5.5% (5 year). The average annual return of this fund stands at 4.2%.