Mirae Asset Arbitrage Fund Regular Growth - Investment Information
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₹12.54
(0.1%)
Current NAV 21-11-2024
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7.61%
Returns
-
Min. SIP ₹500
Min. Investment ₹5000
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.
Basic Details
Key Information About Investing Details.
- CategoryArbitrage Funds
- KRAKARVY
- Inv. PlanGrowth
- Launched In05-Jun-20
- BenchmarkNifty 50 Arbitrage Index
- Fund TypeOpen Ended
- Fund HouseMirae Asset Mutual Fund
Investment Details
Check the Fund’s General Information
- Fund size2103.42 Cr.
- Min. Investment₹ 5000
- Min. Sip Inv.₹ 500
- Min. Addl Inv.₹ 1000
- Expense Ratio1.03%
- Turn over2293%
- Exit Load0.25% if redeemed or switched out within 15 days from the date of allotment, Nil after 15 days.
Fund Managers
Details of Managers and their Experience
Fund Manage : 1
Total AUM. : ₹676 Cr.
Fund Manage : 1
Total AUM. : ₹676 Cr.
Fund Manage : 2
Total AUM. : ₹8,980 Cr.
AMC Office Information
Registered Office of Mutual Fund Company
- AMCMirae Asset Mutual Fund
- Emailcustomercare@miraeasset.com
- Office No 022-67800300
- Websitehttps://www.miraeassetmf.co.in
- AddressUnit 606, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz (E), MUMBAI 400098
Frequently Asked Questions
What is a mutual fund?
In simple words, a fund is an investor’s safety deposit much like in earlier times when people used to store their savings into a bag of rice, in today’s times that bag has come with a new name that is the Mutual Fund.
What are the benefits of investing in funds?
Investing allows us with an opportunity to earn higher returns on our investment with minimal risks. It grows the capital invested in the long-term and provides a systematic way to secure one’s future.
Do mutual funds generate income?
Investing in funds is a great way to build capital. Long-term investments have proven to be a successful tool to create generational wealth. Deep analysis of the market and risk tolerance can help investors to earn good returns and generate income as well.
How many types of mutual funds are there?
There are several types of funds such as: • Equity funds, primary investment in stocks and equity shares. Subcategories include large-cap, mid-cap, small-cap funds. • Debt funds • Money market funds • Hybrid funds • Specialized funds
Who gets your money in mutual funds?
The income generated on the funds is the interest gained on the invested amount which is fairly distributed among the investors.