Mirae Asset Arbitrage Fund

Q: What are the returns of this mutual fund scheme?

The Mirae Asset Arbitrage Fund is a 5 yrs 4 m old fund and has delivered average annual returns of 5.37% since inception. Mirae Asset Arbitrage Fund Returns 1-Year 3-Year 5-Year Since Inception 6.11% 6.84% 5.53% 5.37%

Q: How much does this mutual fund charge as expense ratio?

The Mirae Asset Arbitrage Fund has an expense ratio of 0.93% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹13.232+0.0% 1 day change	5.37% p.a.	App exclusive #NA View Ranked Funds	₹3,096 Cr

Historical NAV & returns

NAV: ₹13.232 as on Oct 20, 2025

This fund Category average

Mirae Asset Arbitrage Fund overview

AUM (Fund size)	₹3,096 Cr
Exit load	0.25% Exit load of 0.25%, if redeemed within 15 days.!
Lock-in Period	Nil
Age	5 yrs 4 m since Jun 03, 2020
Benchmark	NIFTY 50 Arbitrage TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹5000
Expense ratio	0.93% as on Sep 30, 2025
Plan type	Regular
Risk	Low
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Mirae Asset Arbitrage Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Oct 24, 2025

Period	This fund	Category average
1 Month	0.49%	0.51%
3 Months	1.21%	1.2%
6 Months	2.48%	2.55%
1 Year	6.11%	6.2%
2 Years	6.79%	6.76%
3 Years	6.84%	6.82%
4 Years	6.03%	5.99%
5 Years	5.53%	5.48%

Asset allocationas on Sep 30, 2025

Large Cap -0.26%

Mid Cap -0.16%

Small Cap -0.05%

Other Cap -0%

Top holdings

Kalyan Jewellers India Ltd.1.63%

RBL Bank Ltd.1.43%

Sammaan Capital Ltd.1.23%

Tech Mahindra Ltd.1.19%

Top sectors

Financial 18.369999999999997%

Healthcare 7.129999999999999%

Services 6.250000000000001%

Capital Goods 6.1%

Cash 76.32829603%

Cash & Call Money 11.45903575%

A1+ 10.509498%

SOV 2.134507%

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Cash Margin 76.32829603%

Mutual Fund 13.02606215%

Net Receivables 6.30923479%

Repo 4.80141296%

Other Holdings

Mirae Asset Liquid Fund Direct- Growth 8.83%

Others 6.31%

Mirae Asset Money Market Fund Direct - Growth 4.19%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Mirae Asset Arbitrage Fund	0.49%	2.48%	6.11%	6.84%	5.53%	N.A.
Invesco India Arbitrage Fund	0.53%	2.68%	6.4%	7.14%	5.86%	5.8%
Tata Arbitrage Fund	0.5%	2.67%	6.4%	6.97%	5.63%	3.87%
ICICI Prudential Equity Arbitrage Fund	0.54%	2.66%	6.45%	7.03%	5.71%	5.79%
Edelweiss Arbitrage Fund	0.5%	2.6%	6.4%	7.04%	5.74%	5.85%
Axis Arbitrage Fund	0.5%	2.59%	6.32%	6.89%	5.62%	5.68%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Mirae Asset Arbitrage Fund	0.45	0.26	0.67	1.12
Invesco India Arbitrage Fund	0.39	0.16	1.52	2.58
Tata Arbitrage Fund	0.39	0.3	1.04	1.61
ICICI Prudential Equity Arbitrage Fund	0.41	0.33	1.13	1.67
Edelweiss Arbitrage Fund	0.43	0.27	1.11	1.86
Axis Arbitrage Fund	0.42	0.31	0.77	1.12

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Mirae Asset Arbitrage Fund	N.A.	3,096 Cr	5 yrs 4 m	0.93%
Invesco India Arbitrage Fund	N.A.	27,023 Cr	18 yrs 6 m	1.06%
Tata Arbitrage Fund	N.A.	19,150 Cr	6 yrs 10 m	1.09%
ICICI Prudential Equity Arbitrage Fund	N.A.	32,573 Cr	18 yrs 11 m	0.95%
Edelweiss Arbitrage Fund	N.A.	16,053 Cr	11 yrs 4 m	1.07%
Axis Arbitrage Fund	N.A.	7,578 Cr	11 yrs 3 m	1.02%

View all Arbitrage funds

Key risk & return ratios Compared to other funds in the category

Alpha	0.77 vs. 1.89 Underperformed at beating benchmark
Sharpe	0.67 vs. 1.89 Poor risk-adjusted returns
Beta	0.26 vs. 0.36 Less sensitive to market ups & downs
Standard deviation	0.45 vs. 0.31 More volatile performance

Compare Mirae Asset Arbitrage Fund in detail with

About this fund

About Mirae Asset Arbitrage Fund

Mirae Asset Arbitrage Fund is a Arbitrage mutual fund scheme from Mirae Asset Mutual Fund. This fund has been in existence for 5 yrs 4 m, having been launched on 03/06/2020. Mirae Asset Arbitrage Fund has ₹3,096 Crores worth of assets under management (AUM) as on 30/09/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Mirae Asset Arbitrage Fund as of 20/10/2025 is ₹13.23. The fund has an expense ratio of 0.93%, which is higher than what most other Arbitrage funds charge. Currently, the fund has a -0.47% allocation to equity and 12.68% to Debt.

Mirae Asset Arbitrage Fund returns of last 1-year are 6.34%. Since launch, it has delivered 5.38% average annual returns.
Mirae Asset Arbitrage Fund scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
The fund's equity portion is primarily invested in Financial, Unclassified, Healthcare, Services, Capital Goods sectors. It has taken less exposure in Financial, Unclassified sectors compared to other funds in the category.
The debt portion of the fund has low credit quality indicating the quality of borrowers it has lent it to is not too great.
The fund's top 5 holdings are in Mirae Asset Liquid Fund Direct- Growth, Mirae Asset Money Market Fund Direct - Growth, Kalyan Jewellers India Ltd., RBL Bank Ltd., Sammaan Capital Ltd..

...

Fund AUM	3,096 Cr as on Sep 30, 2025
Scheme document	View Scheme Document

Fund managers

Jignesh N. Rao

Mr. Rao has done B.Sc and PGDBA Prior to joining Mirae Asset Mutual Fund, he was associated with Motilal Oswal Asset Management Company Ltd. as Dealer – Equity

Jigar Shethia

Mr. Shethia is a BCOM & CFA Level 3 Prior to joining Mirae Asset Mutual Fund, he has worked with Sushil Financial Services Pvt Ltd as Assistant Manager – Equity.

Krishnpal Yadav

MBA (IIM Indore) Prior to joining the Mirae Asset MF, Mr. Yadav was Dealer (Fixed Income) specializing in trading Non-SLR (Statutory Liquidity Ratio) securities.

Investment objective

The scheme seeks 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.

Mirae Asset Mutual Fund details

No. of schemes	47 view all schemes
Total AUM	2,15,434 Cr as on Sep 30, 2025
Address	Unit No.606 - 6th Floor, Windsor Building - Off. CST Road, Kalina, Santacruz (East), Mumbai, 400098
Phone	022-67800301 / 1800-2090-777

More funds from Mirae Asset Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Mirae Asset Aggressive Hybrid Fund	N.A.	9,128 Cr	7.14%	15.99%
Mirae Asset Equity Savings Fund	N.A.	1,670 Cr	8.3%	11.99%
Mirae Asset Balanced Advantage Fund	N.A.	1,934 Cr	7.61%	N.A.
Mirae Asset Multi Asset Allocation Fund	N.A.	2,371 Cr	13.48%	N.A.

See all Hybrid funds from this AMC

Frequently asked questions

What is the current NAV of Mirae Asset Arbitrage Fund?

The current Net Asset Value (NAV) of the Mirae Asset Arbitrage Fund plan is approximately ₹13.232 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The Mirae Asset Arbitrage Fund is a 5 yrs 4 m old fund and has delivered average annual returns of 5.37% since inception.

Mirae Asset Arbitrage Fund Returns

1-Year	3-Year	5-Year	Since Inception
6.11%	6.84%	5.53%	5.37%

How much does this mutual fund charge as expense ratio?

The Mirae Asset Arbitrage Fund has an expense ratio of 0.93%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The Mirae Asset Arbitrage Fund currently has assets under management (AUM) or fund size valued at approximately 3,096 Cr as on Sep 30, 2025.

What is risk level of Mirae Asset Arbitrage Fund?

This is a Arbitrage fund comes with Low risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in Mirae Asset Arbitrage Fund?

Redeeming your investments in the Mirae Asset Arbitrage Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Arbitrage

#NA

Return Outperformance: This fund has generated highest return amongst Arbitrage funds in the last 5 Years.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 0.25%, if redeemed within 15 days.