HDFC Nifty LargeMidcap 250 Index Fund vs Mirae Asset Arbitrage Fund
Direct Plan, Growth option · Data as on 30-10-2026
HDFC Nifty LargeMidcap 250 Index Fund is an Index fund and Mirae Asset Arbitrage Fund is an Arbitrage fund. In the year to 30-10-2026, HDFC Nifty LargeMidcap 250 Index Fund (Direct) returned −6.7% and Mirae Asset Arbitrage Fund (Direct) returned 6.7%. HDFC Nifty LargeMidcap 250 Index Fund charges 0.27% a year and Mirae Asset Arbitrage Fund 2.48% (Direct plans). Their portfolios overlap 52.4%: they hold 174 of the same securities.
HDFC Nifty LargeMidcap 250 Index Fund
Index
- 1 year return
- −6.7%
- Expense ratio
- 0.27%
- NAV
- ₹9.52
Mirae Asset Arbitrage Fund
Arbitrage
- 1 year return
- 6.7%
- Expense ratio
- 2.48%
- NAV
- ₹14.71
Which is better, HDFC Nifty LargeMidcap 250 Index or Mirae Asset Arbitrage? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Mirae Asset Arbitrage returned more over 1 year: 6.7% against −6.7%.
- HDFC Nifty LargeMidcap 250 Index costs less: 0.27% a year against 2.48% (Direct plans).
- Mirae Asset Arbitrage fell less in its worst fall since 09-10-2024: −0.4% against −16.8%.
- HDFC Nifty LargeMidcap 250 Index holds more in large companies: 51.5% of the fund in large caps against 37.6%.
- Mirae Asset Arbitrage is the larger fund: ₹3,571 Cr against ₹456 Cr.
- Their portfolios overlap 52.4%: 174 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | HDFC Nifty LargeMidcap 250 Index Fund | Mirae Asset Arbitrage Fund |
|---|---|---|
| Fund house | HDFC Mutual Fund | Mirae Asset Mutual Fund |
| Category | Index | Arbitrage |
| AUM | ₹456 Cr (30-09-2026) | ₹3,571 Cr (30-09-2026) |
| NAV | ₹9.52 (Direct) | ₹14.71 (Direct) |
| Expense ratio (Direct) | 0.27% | 2.48% |
| Expense ratio (Regular) | 0.73% | 3.25% |
| Riskometer | Very High | Low |
| Benchmark | Nifty LargeMidcap 250 TRI | Nifty 50 Arbitrage Index |
| Launch date | 09-10-2024 | 19-06-2020 |
| Minimum investment | ₹100 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Nandita Menezes, Arun Agarwal | Jignesh Rao, Jigar Sethia, Pranavi Kulkarni |
| Exit load | NIL | Exit Load : 0.25% If Redeemed or Switched Out within 15 days from the date of allotment. Nil after 15 Days. |
HDFC Nifty LargeMidcap 250 Index vs Mirae Asset Arbitrage: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| HDFC Nifty LargeMidcap 250 Index Fund (Direct) | −1.34% | −6.92% | −3.52% | −6.73% | -- | -- | -- |
| Mirae Asset Arbitrage Fund (Direct) | +0.62% | +1.57% | +3.33% | +6.73% | +7.35% | +6.82% | -- |
| Arbitrage average | +0.56% | +1.52% | +3.20% | +6.62% | +7.18% | +6.68% | -- |
Category average: the average of the 39 Arbitrage funds, same plan type.
HDFC Nifty LargeMidcap 250 Index vs Mirae Asset Arbitrage: Year-wise Returns
| Year | HDFC Nifty LargeMidcap 250 IndexHDFC Nifty LargeMidcap 250 Index | Mirae Asset ArbitrageMirae Asset Arbitrage |
|---|---|---|
| 2026to date | −7.30% | +5.52% |
| 2025 | +7.85% | +6.99% |
| 2024 | -- | +8.36% |
| 2023 | -- | +7.82% |
| 2022 | -- | +4.84% |
| 2021 | -- | +4.19% |
HDFC Nifty LargeMidcap 250 Index vs Mirae Asset Arbitrage: Rolling Returns
Every holding period of both funds, against NIFTY LargeMidcap 250 TRI, the benchmark of HDFC Nifty LargeMidcap 250 Index Fund
Rolling returns
Every 1-year holding period, 259 of them, one for each trading day from 09-10-2025 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
HDFC Nifty LargeMidcap 250 Index Fund (Direct)
Mirae Asset Arbitrage Fund (Direct)
NIFTY LargeMidcap 250 TRI
to
Nov 2025Jan 2025
to
Jan 2026Mar 2025
to
Mar 2026May 2025
to
May 2026Jul 2025
to
Jul 2026Sept 2025
to
Sept 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HDFC Nifty LargeMidcap 250 Index | 15.4 | 35.9 | 31.7 | 12.4 | 4.6 | 0.0 | 0.0 | 5.1% | 4.8% | −8.2% | 18.0% | 0% |
| Mirae Asset Arbitrage | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 6.8% | 6.8% | 6.2% | 7.2% | 58% |
| NIFTY LargeMidcap 250 TRI | 13.5 | 35.5 | 33.2 | 12.0 | 5.8 | 0.0 | 0.0 | 5.5% | 5.1% | −8.0% | 18.3% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is NIFTY LargeMidcap 250 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 09-10-2024. Past returns do not promise future returns.
HDFC Nifty LargeMidcap 250 Index vs Mirae Asset Arbitrage: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 09-10-2024 to 30-10-2026: 25 instalments, ₹2,50,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| HDFC Nifty LargeMidcap 250 IndexHDFC Nifty LargeMidcap 250 Index Fund (Direct) | ₹2,50,000 | ₹2,45,472 | −₹4,528 | −1.7% |
| Mirae Asset ArbitrageMirae Asset Arbitrage Fund (Direct) | ₹2,50,000 | ₹2,68,347 | ₹18,347 | 6.7% |
HDFC Nifty LargeMidcap 250 IndexHDFC Nifty LargeMidcap 250 Index Fund (Direct)
Mirae Asset ArbitrageMirae Asset Arbitrage Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
HDFC Nifty LargeMidcap 250 Index vs Mirae Asset Arbitrage: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | HDFC Nifty LargeMidcap 250 Index Fund (Direct) | Mirae Asset Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | −6.73% | +6.73% |
| Standard deviation | 14.84% | 1.45% |
| Sharpe ratio | -0.81 | 1.02 |
| Sortino ratio | -1.07 | 1.53 |
| Maximum drawdown | −14.4% (30-03-2026) | −0.4% (06-08-2026) |
| Beta | 1.00 | -- |
| Alpha | −0.27% | -- |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | HDFC Nifty LargeMidcap 250 Index Fund (Direct) | Mirae Asset Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | −2.36% | +6.25% |
| Standard deviation | 14.68% | 1.03% |
| Sharpe ratio | -0.55 | 0.99 |
| Sortino ratio | -0.73 | 1.49 |
| Maximum drawdown | −16.8% (28-02-2025) | −0.4% (06-08-2026) |
| Beta | 1.00 | -- |
| Alpha | −0.31% | -- |
From daily NAVs, 09-10-2024 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
HDFC Nifty LargeMidcap 250 Index Fund (Direct)
Mirae Asset Arbitrage Fund (Direct)
NIFTY LargeMidcap 250 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| HDFC Nifty LargeMidcap 250 Index Fund (Direct) | −16.8% | 15-10-2024 | 28-02-2025 | 30-06-2025 | 4 months | −8.7% |
| Mirae Asset Arbitrage Fund (Direct) | −0.4% | 03-08-2026 | 06-08-2026 | 31-08-2026 | 25 days | −0.0% |
| NIFTY LargeMidcap 250 TRI | −16.6% | 15-10-2024 | 28-02-2025 | 27-06-2025 | 4 months | −8.6% |
From daily values since 09-10-2024, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
HDFC Nifty LargeMidcap 250 Index Fund (Direct)
Mirae Asset Arbitrage Fund (Direct)
NIFTY LargeMidcap 250 TRI
Against NIFTY LargeMidcap 250 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| HDFC Nifty LargeMidcap 250 Index Fund (Direct) | 99% | 101% | 0.04% |
| Mirae Asset Arbitrage Fund (Direct) | 18% | -14% | 16.72% |
From month-end values since 09-10-2024. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
HDFC Nifty LargeMidcap 250 Index vs Mirae Asset Arbitrage: Portfolio Overlap
From each fund's latest monthly portfolio: HDFC Nifty LargeMidcap 250 Index Fund, September 2026; Mirae Asset Arbitrage Fund, September 2026
Holdings in common
- Overlap
- 52.4%
- Held by both
- 174
- Only in HDFC Nifty LargeMidcap 250 Index
- 76
- Only in Mirae Asset Arbitrage
- 22
| Security | % of HDFC Nifty LargeMidcap 250 Index | % of Mirae Asset Arbitrage |
|---|---|---|
| Larsen and Toubro Ltd. | 1.69% | 1.78% |
| Infosys Limited | 1.35% | 0.90% |
| Reliance Industries Ltd. | 3.08% | 0.83% |
| Tata Consultancy Services Ltd. | 0.80% | 0.84% |
| Multi Commodity Exchange of India L | 1.02% | 0.74% |
| ICICI Bank Ltd. | 3.63% | 0.71% |
| State Bank of India | 1.54% | 0.66% |
| Life Insurance Corporation of India | 0.61% | 0.72% |
| Axis Bank Ltd. | 1.35% | 0.60% |
| Maruti Suzuki India Limited | 0.60% | 0.74% |
| INFO EDGE (INDIA) LIMITED | 0.58% | 0.64% |
| Aurobindo Pharma Ltd. | 0.56% | 0.67% |
| Bajaj Finance Ltd. | 1.02% | 0.56% |
| Bharat Forge Ltd. | 0.66% | 0.55% |
| Sun Pharmaceutical Industries Ltd. | 0.74% | 0.55% |
| Mahindra & Mahindra Ltd. | 1.01% | 0.55% |
| Ashok Leyland Ltd | 0.54% | 0.59% |
| Bharti Airtel Ltd. | 2.05% | 0.54% |
| Titan Company Ltd. | 0.73% | 0.54% |
| The Federal Bank Ltd. | 0.95% | 0.53% |
| Tata Steel Ltd. | 0.59% | 0.52% |
| APL Apollo Tubes Ltd. | 0.49% | 0.92% |
| UltraTech Cement Limited | 0.50% | 0.49% |
| Bombay Stock Exchange Limited (BSE) | 0.48% | 0.91% |
| HDFC Bank Ltd. | 4.16% | 0.46% |
| JSW Steel Ltd. | 0.46% | 0.53% |
| Divis Laboratories Ltd. | 0.46% | 0.61% |
| Indusind Bank Ltd. | 0.73% | 0.45% |
| One 97 Communications Limited | 0.88% | 0.45% |
| NTPC Limited | 0.59% | 0.45% |
| Grasim Industries Ltd. | 0.44% | 0.74% |
| The Phoenix Mills Limited | 0.44% | 0.48% |
| SRF Ltd. | 0.44% | 0.53% |
| Laurus Labs Ltd. | 0.94% | 0.44% |
| Hindustan Unilever Ltd. | 0.64% | 0.44% |
| InterGlobe Aviation Ltd. | 0.43% | 0.61% |
| Glenmark Pharmaceuticals Ltd. | 0.43% | 0.46% |
| Asian Paints Limited | 0.42% | 0.43% |
| Radico Khaitan Limited | 0.42% | 0.58% |
| ITC LIMITED | 0.97% | 0.41% |
| Coforge Limited | 0.74% | 0.41% |
| Swiggy Limited | 0.46% | 0.40% |
| Marico Ltd. | 0.51% | 0.40% |
| Persistent Systems Limited | 0.71% | 0.39% |
| Coal India Ltd. | 0.39% | 0.48% |
| Lupin Ltd. | 0.60% | 0.39% |
| Eicher Motors Ltd. | 0.38% | 0.39% |
| Hindustan Petroleum Corp. Ltd. | 0.41% | 0.38% |
| JSW Energy Ltd. | 0.37% | 0.43% |
| National Aluminium Co. Ltd. | 0.37% | 0.43% |
| TVS Motor Company Ltd. | 0.37% | 0.62% |
| Fortis Healthcare Limited | 0.49% | 0.36% |
| ADANI ENTERPRISES LIMTIED | 0.38% | 0.36% |
| Alkem Laboratories Ltd. | 0.38% | 0.36% |
| PB Fintech Limited | 0.46% | 0.36% |
| Indian Hotels Company Ltd. | 0.78% | 0.35% |
| Hindalco Industries Ltd. | 0.52% | 0.34% |
| MphasiS Limited. | 0.35% | 0.34% |
| Oil & Natural Gas Corporation Ltd. | 0.34% | 0.41% |
| Nestle India Ltd. | 0.36% | 0.34% |
| Adani Ports & Special Economic Zone | 0.54% | 0.34% |
| Aditya Birla Capital ltd. | 0.39% | 0.33% |
| Apollo Hospitals Enterprise Ltd. | 0.33% | 0.35% |
| 360 ONE WAM LIMITED | 0.33% | 0.44% |
| NHPC Ltd. | 0.33% | 0.37% |
| Trent Ltd. | 0.33% | 0.80% |
| NMDC Limited | 0.32% | 0.55% |
| Indus Towers Limited | 0.58% | 0.31% |
| Havells India Ltd. | 0.31% | 0.54% |
| Biocon Ltd. | 0.31% | 0.42% |
| Tube Investments of India Ltd. | 0.31% | 0.38% |
| Vishal Mega Mart Limited | 0.34% | 0.31% |
| Bajaj Finserv Ltd. | 0.39% | 0.31% |
| Voltas Ltd. | 0.30% | 0.35% |
| Oil India Limited | 0.30% | 0.40% |
| UPL Ltd. | 0.37% | 0.30% |
| SBI Life Insurance Company Ltd. | 0.29% | 0.40% |
| Au Small Finance Bank Ltd. | 0.71% | 0.28% |
| Tech Mahindra Ltd. | 0.37% | 0.28% |
| Samvardhana Motherson International Ltd. | 0.28% | 0.32% |
| GE Vernova T&D India Limited | 0.64% | 0.28% |
| Page Industries Ltd | 0.28% | 0.27% |
| Hero MotoCorp Ltd. | 0.84% | 0.27% |
| Bajaj Auto Limited | 0.45% | 0.27% |
| Max Healthcare Institute Limited | 0.27% | 0.39% |
| Cholamandalam Investment & Finance Co. Ltd. | 0.27% | 0.34% |
| Godrej Properties Ltd. | 0.27% | 0.53% |
| L&T Finance Ltd. | 0.27% | 0.35% |
| Torrent Pharmaceuticals Ltd. | 0.27% | 0.27% |
| Jio Financial Services Limited | 0.27% | 0.28% |
| KEI Industries Ltd. | 0.33% | 0.27% |
| Dabur India Ltd. | 0.27% | 0.26% |
| Kalyan Jewellers India Ltd | 0.26% | 0.75% |
| UNO Minda Limited | 0.26% | 0.29% |
| United Spirits Limited | 0.49% | 0.26% |
| Eternal Limited | 0.89% | 0.26% |
| Oberoi Realty Ltd. | 0.25% | 0.44% |
| Cummins India Ltd. | 0.25% | 0.72% |
| Max Financial Services Ltd. | 0.44% | 0.25% |
| Tata Consumer Products Limited | 0.24% | 0.37% |
| Adani Power (Mundra) Limited | 0.33% | 0.24% |
| Bharat Petroleum Corporation Ltd. | 0.23% | 0.63% |
| Tata Motors Passenger Vehicles Limited | 0.23% | 0.30% |
| Avenue Supermarts Ltd. | 0.23% | 0.32% |
| Varun Beverages Ltd | 0.23% | 0.28% |
| Fsn Ecommerce Ventures Limited (Nykaa) | 0.53% | 0.23% |
| Supreme Industries Ltd. | 0.27% | 0.22% |
| Yes Bank Ltd. | 0.45% | 0.22% |
| Nippon Life India Asset Management Limited | 0.24% | 0.22% |
| CG Power and Industrial Solutions Ltd. | 0.22% | 0.52% |
| IDFC First Bank Limited | 0.66% | 0.22% |
| SBI CARDS AND PAYMENT SERVICES LIMITED | 0.21% | 0.28% |
| HDFC Life Insurance Company Limited | 0.21% | 0.30% |
| Suzlon Energy Ltd | 0.59% | 0.21% |
| Lodha Developers Limited | 0.41% | 0.21% |
| Astral Limited | 0.20% | 0.43% |
| LIC Housing Finance Ltd. | 0.20% | 0.73% |
| Bank of Maharashtra | 0.20% | 0.31% |
| Power Grid Corporation of India Ltd. | 0.45% | 0.20% |
| MANKIND PHARMA LIMITED | 0.34% | 0.19% |
| Bank of India | 0.19% | 0.20% |
| Container Corporation of India Ltd. | 0.19% | 0.21% |
| Indian Oil Corporation Ltd. | 0.19% | 0.28% |
| Motilal Oswal Financial Services Ltd. | 0.19% | 0.39% |
| HDFC Asset Management Company Ltd. | 0.18% | 0.37% |
| GAIL (India) Ltd. | 0.18% | 0.44% |
| Power Finance Corporation Ltd. | 0.18% | 0.24% |
| The Tata Power Company Ltd. | 0.23% | 0.18% |
| Hindustan Aeronautics Limited | 0.34% | 0.17% |
| Bank of Baroda | 0.17% | 0.39% |
| Vedanta Ltd. | 0.17% | 0.71% |
| DLF LIMITED | 0.17% | 0.26% |
| Pidilite Industries Ltd. | 0.17% | 0.71% |
| Adani Green Energy Limited | 0.17% | 0.38% |
| Polycab India Limited | 0.17% | 0.65% |
| Adani Energy Solutions Limited | 0.17% | 0.37% |
| Bharat Heavy Electricals Ltd. | 0.74% | 0.17% |
| Solar Industries India Ltd. | 0.19% | 0.17% |
| Petronet LNG Ltd. | 0.26% | 0.17% |
| Bosch Limited | 0.16% | 0.39% |
| Hitachi Energy India Ltd. | 0.15% | 0.40% |
| Premier Energies Limited | 0.15% | 0.64% |
| Punjab National Bank | 0.15% | 0.34% |
| Canara Bank | 0.15% | 0.40% |
| Patanjali Foods Limited | 0.15% | 0.68% |
| Dr Reddys Laboratories Ltd. | 0.29% | 0.14% |
| ABB India Ltd. | 0.14% | 0.25% |
| VODAFONE IDEA LIMITED | 0.14% | 0.43% |
| Colgate-Palmolive ( I ) Ltd. | 0.28% | 0.14% |
| Godrej Consumer Products Ltd. | 0.13% | 0.15% |
| Union Bank of India | 0.13% | 0.25% |
| Bajaj Holdings & Investment Ltd | 0.18% | 0.11% |
| Zydus Lifesciences Limited | 0.11% | 0.21% |
| Muthoot Finance Ltd. | 0.11% | 0.45% |
| Bharat Dynamics Limited | 0.12% | 0.11% |
| Godfrey Phillips India Ltd. | 0.10% | 0.11% |
| Hindustan Zinc Ltd. | 0.10% | 0.30% |
| Indian Bank | 0.35% | 0.09% |
| Ambuja Cements Ltd. | 0.09% | 0.25% |
| Wipro Ltd. | 0.16% | 0.09% |
| Shriram Finance Ltd. | 0.53% | 0.07% |
| Kotak Mahindra Bank Limited | 1.18% | 0.06% |
| Jubilant Foodworks Limited | 0.22% | 0.06% |
| Mazagon Dock Shipbuilders Ltd | 0.06% | 0.13% |
| Shree Cement Ltd. | 0.36% | 0.05% |
| Cochin Shipyard Ltd. | 0.15% | 0.05% |
| Dixon Technologies (India) Ltd. | 0.66% | 0.05% |
| ICICI Lombard General Insurance Co | 0.47% | 0.04% |
| Siemens Energy India Limited | 0.11% | 0.04% |
| GMR Airports Limited | 0.40% | 0.04% |
| Hyundai Motor India Limited | 0.11% | 0.02% |
| Rail Vikas Nigam Ltd | 0.14% | 0.01% |
| Jindal Steel Limited. | 0.16% | 0.01% |
| Britannia Industries Ltd. | 0.22% | 0.01% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 52.4% means 52.4% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in HDFC Nifty LargeMidcap 250 Index Fund
| Security | % of fund |
|---|---|
| LENSKART SOLUTIONS LIMITED | 0.62% |
| Bharat Electronics Ltd. | 0.53% |
| HCL Technologies Ltd. | 0.50% |
| Embassy Office Parks REIT | 0.47% |
| REC Limited. | 0.45% |
Largest holdings only in Mirae Asset Arbitrage Fund
| Security | % of fund |
|---|---|
| Mirae Asset Liquid Fund-Direct Plan-Growth | 9.89% |
| Mirae Asset Money Market Fund-Direct Plan-Growth | 4.94% |
| Angel One Ltd. | 0.77% |
| Delhivery Ltd. | 0.62% |
| PG Electroplast Ltd. | 0.56% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | HDFC Nifty LargeMidcap 250 Index | Mirae Asset Arbitrage |
|---|---|---|
| Equity | 98.7% | 73.5% |
| Debt | 0.0% | 0.0% |
| Cash and others | 1.3% | 26.5% |
Market cap of stocks
| Market cap | HDFC Nifty LargeMidcap 250 Index | Mirae Asset Arbitrage |
|---|---|---|
| Large Cap | 51.5% | 37.6% |
| Mid Cap | 46.0% | 29.0% |
| Small Cap | 1.3% | 6.8% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | HDFC Nifty LargeMidcap 250 Index | Mirae Asset Arbitrage |
|---|---|---|
| Banks | 16.8% | 6.7% |
| Pharmaceuticals & Biotechnology | 6.7% | 4.7% |
| Finance | 6.5% | 4.5% |
| IT - Software | 5.5% | 3.5% |
| Capital Markets | 3.0% | 5.1% |
| Retailing | 4.2% | 3.0% |
| Automobiles | 4.0% | 3.7% |
| Consumer Durables | 3.3% | 3.7% |
The six largest sectors of each fund's stocks, % of the fund.
HDFC Nifty LargeMidcap 250 Index vs Mirae Asset Arbitrage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | HDFC Nifty LargeMidcap 250 Index Fund | Mirae Asset Arbitrage Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.27% | 2.48% |
| Base expense ratio (Direct) | 0.18% | 0.13% |
| Total expense ratio (Regular) | 0.73% | 3.25% |
| Base expense ratio (Regular) | 0.58% | 0.78% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
HDFC Nifty LargeMidcap 250 Index Fund vs Mirae Asset Arbitrage Fund: Frequently Asked Questions
What is the difference between HDFC Nifty LargeMidcap 250 Index Fund and Mirae Asset Arbitrage Fund?
HDFC Nifty LargeMidcap 250 Index Fund is an Index fund, Mirae Asset Arbitrage Fund is an Arbitrage fund, run by HDFC Mutual Fund and Mirae Asset Mutual Fund. Their portfolios overlap 52.4%. HDFC Nifty LargeMidcap 250 Index Fund charges 0.27% a year and Mirae Asset Arbitrage Fund 2.48%.
Which has given higher returns, HDFC Nifty LargeMidcap 250 Index Fund or Mirae Asset Arbitrage Fund?
Over 1 year: HDFC Nifty LargeMidcap 250 Index Fund −6.73%, Mirae Asset Arbitrage Fund +6.73%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, HDFC Nifty LargeMidcap 250 Index Fund or Mirae Asset Arbitrage Fund?
HDFC Nifty LargeMidcap 250 Index Fund charges less: 0.27% a year against 2.48%. These are the Direct plans' total expense ratios reported to AMFI.
How much do HDFC Nifty LargeMidcap 250 Index Fund and Mirae Asset Arbitrage Fund overlap?
52.4%. They hold 174 of the same securities, the largest shared ones being LT, INFY, RELIANCE. From each fund's latest monthly portfolio.
Which is riskier, HDFC Nifty LargeMidcap 250 Index Fund or Mirae Asset Arbitrage Fund?
On SEBI's riskometer, HDFC Nifty LargeMidcap 250 Index Fund is rated Very High and Mirae Asset Arbitrage Fund Low. Over 1 years, the standard deviation of daily returns was 14.84% and 1.45% a year.
Can I invest in both HDFC Nifty LargeMidcap 250 Index Fund and Mirae Asset Arbitrage Fund?
Yes. 52.4% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages HDFC Nifty LargeMidcap 250 Index Fund and Mirae Asset Arbitrage Fund?
HDFC Nifty LargeMidcap 250 Index Fund: Nandita Menezes, Arun Agarwal. Mirae Asset Arbitrage Fund: Jignesh Rao, Jigar Sethia, Pranavi Kulkarni.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.