ICICI Prudential Nifty LargeMidcap 250 Index Fund vs Mirae Asset Arbitrage Fund
Direct Plan, Growth option · Data as on 30-10-2026
ICICI Prudential 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, ICICI Prudential Nifty LargeMidcap 250 Index Fund (Direct) returned −6.8% and Mirae Asset Arbitrage Fund (Direct) returned 6.7%. ICICI Prudential Nifty LargeMidcap 250 Index Fund charges 0.33% a year and Mirae Asset Arbitrage Fund 2.48% (Direct plans). Their portfolios overlap 52.5%: they hold 174 of the same securities.
ICICI Prudential Nifty LargeMidcap 250 Index Fund
Index
- 1 year return
- −6.8%
- Expense ratio
- 0.33%
- NAV
- ₹11.69
Mirae Asset Arbitrage Fund
Arbitrage
- 1 year return
- 6.7%
- Expense ratio
- 2.48%
- NAV
- ₹14.71
Which is better, ICICI Prudential 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 −6.8%.
- ICICI Prudential Nifty LargeMidcap 250 Index costs less: 0.33% a year against 2.48% (Direct plans).
- Mirae Asset Arbitrage fell less in its worst fall since 14-03-2024: −0.4% against −18.9%.
- ICICI Prudential Nifty LargeMidcap 250 Index holds more in large companies: 51.7% of the fund in large caps against 37.6%.
- Mirae Asset Arbitrage is the larger fund: ₹3,571 Cr against ₹290 Cr.
- Their portfolios overlap 52.5%: 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 | ICICI Prudential Nifty LargeMidcap 250 Index Fund | Mirae Asset Arbitrage Fund |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | Mirae Asset Mutual Fund |
| Category | Index | Arbitrage |
| AUM | ₹290 Cr (30-09-2026) | ₹3,571 Cr (30-09-2026) |
| NAV | ₹11.69 (Direct) | ₹14.71 (Direct) |
| Expense ratio (Direct) | 0.33% | 2.48% |
| Expense ratio (Regular) | 0.83% | 3.25% |
| Riskometer | Not available | Low |
| Benchmark | Nifty LargeMidcap 250 TRI | Nifty 50 Arbitrage Index |
| Launch date | 13-03-2024 | 19-06-2020 |
| Minimum investment | ₹100 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Nishit Patel, Ashwini Bharucha, Venus Ahuja | 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. |
ICICI Prudential 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 |
|---|---|---|---|---|---|---|---|
| ICICI Prudential Nifty LargeMidcap 250 Index Fund (Direct) | −1.34% | −6.94% | −3.56% | −6.77% | -- | -- | -- |
| 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.
ICICI Prudential Nifty LargeMidcap 250 Index vs Mirae Asset Arbitrage: Year-wise Returns
| Year | ICICI Prudential Nifty LargeMidcap 250 IndexICICI Prudential Nifty LargeMidcap 250 Index | Mirae Asset ArbitrageMirae Asset Arbitrage |
|---|---|---|
| 2026to date | −7.34% | +5.52% |
| 2025 | +7.83% | +6.99% |
| 2024 | -- | +8.36% |
| 2023 | -- | +7.82% |
| 2022 | -- | +4.84% |
| 2021 | -- | +4.19% |
ICICI Prudential Nifty LargeMidcap 250 Index vs Mirae Asset Arbitrage: Rolling Returns
Every holding period of both funds, against NIFTY LargeMidcap 250 TRI, the benchmark of ICICI Prudential Nifty LargeMidcap 250 Index Fund
Rolling returns
Every 1-year holding period, 400 of them, one for each trading day from 17-03-2025 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.
ICICI Prudential Nifty LargeMidcap 250 Index Fund (Direct)
Mirae Asset Arbitrage Fund (Direct)
NIFTY LargeMidcap 250 TRI
to
May 2025Aug 2024
to
Aug 2025Nov 2024
to
Nov 2025Mar 2025
to
Mar 2026Jun 2025
to
Jun 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ICICI Prudential Nifty LargeMidcap 250 Index | 21.0 | 34.0 | 32.5 | 9.5 | 3.0 | 0.0 | 0.0 | 4.5% | 4.3% | −8.3% | 17.9% | 0% |
| Mirae Asset Arbitrage | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7.0% | 7.0% | 6.2% | 8.2% | 65% |
| NIFTY LargeMidcap 250 TRI | 18.5 | 33.5 | 34.3 | 10.0 | 3.8 | 0.0 | 0.0 | 4.9% | 4.7% | −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 14-03-2024. Past returns do not promise future returns.
ICICI Prudential 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 14-03-2024 to 30-10-2026: 32 instalments, ₹3,20,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| ICICI Prudential Nifty LargeMidcap 250 IndexICICI Prudential Nifty LargeMidcap 250 Index Fund (Direct) | ₹3,20,000 | ₹3,17,963 | −₹2,037 | −0.5% |
| Mirae Asset ArbitrageMirae Asset Arbitrage Fund (Direct) | ₹3,20,000 | ₹3,50,916 | ₹30,916 | 6.9% |
ICICI Prudential Nifty LargeMidcap 250 IndexICICI Prudential 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.
ICICI Prudential 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 | ICICI Prudential Nifty LargeMidcap 250 Index Fund (Direct) | Mirae Asset Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | −6.77% | +6.73% |
| Standard deviation | 14.84% | 1.45% |
| Sharpe ratio | -0.81 | 1.02 |
| Sortino ratio | -1.08 | 1.53 |
| Maximum drawdown | −14.4% (31-03-2026) | −0.4% (06-08-2026) |
| Beta | 1.00 | -- |
| Alpha | −0.31% | -- |
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 | ICICI Prudential Nifty LargeMidcap 250 Index Fund (Direct) | Mirae Asset Arbitrage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +5.57% | +6.25% |
| Standard deviation | 15.06% | 1.03% |
| Sharpe ratio | -0.02 | 0.99 |
| Sortino ratio | -0.03 | 1.49 |
| Maximum drawdown | −18.9% (28-02-2025) | −0.4% (06-08-2026) |
| Beta | 1.00 | -- |
| Alpha | −0.40% | -- |
From daily NAVs, 14-03-2024 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.
ICICI Prudential 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 |
|---|---|---|---|---|---|---|
| ICICI Prudential Nifty LargeMidcap 250 Index Fund (Direct) | −18.9% | 26-09-2024 | 28-02-2025 | 02-01-2026 | 10 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 | −18.8% | 26-09-2024 | 28-02-2025 | 17-11-2025 | 9 months | −8.6% |
From daily values since 14-03-2024, 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.
ICICI Prudential 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 |
|---|---|---|---|
| ICICI Prudential Nifty LargeMidcap 250 Index Fund (Direct) | 99% | 101% | 0.07% |
| Mirae Asset Arbitrage Fund (Direct) | 18% | -13% | 16.35% |
From month-end values since 14-03-2024. 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.
ICICI Prudential Nifty LargeMidcap 250 Index vs Mirae Asset Arbitrage: Portfolio Overlap
From each fund's latest monthly portfolio: ICICI Prudential Nifty LargeMidcap 250 Index Fund, September 2026; Mirae Asset Arbitrage Fund, September 2026
Holdings in common
- Overlap
- 52.5%
- Held by both
- 174
- Only in ICICI Prudential Nifty LargeMidcap 250 Index
- 76
- Only in Mirae Asset Arbitrage
- 22
| Security | % of ICICI Prudential Nifty LargeMidcap 250 Index | % of Mirae Asset Arbitrage |
|---|---|---|
| Larsen & Toubro Ltd. | 1.70% | 1.78% |
| Infosys Ltd. | 1.36% | 0.90% |
| Reliance Industries Ltd. | 3.06% | 0.83% |
| Tata Consultancy Services Ltd. | 0.81% | 0.84% |
| Multi Commodity Exchange Of India Ltd. | 1.03% | 0.74% |
| ICICI Bank Ltd. | 3.66% | 0.71% |
| State Bank Of India | 1.53% | 0.66% |
| Life Insurance Corporation of India | 0.61% | 0.72% |
| Axis Bank Ltd. | 1.36% | 0.60% |
| Maruti Suzuki India Ltd. | 0.60% | 0.74% |
| Info Edge (India) Ltd. | 0.58% | 0.64% |
| Aurobindo Pharma Ltd. | 0.57% | 0.67% |
| Bajaj Finance Ltd. | 1.01% | 0.56% |
| Bharat Forge Ltd. | 0.65% | 0.55% |
| Sun Pharmaceutical Industries Ltd. | 0.74% | 0.55% |
| Mahindra & Mahindra Ltd. | 1.02% | 0.55% |
| Ashok Leyland Ltd. | 0.54% | 0.59% |
| Bharti Airtel Ltd. | 2.06% | 0.54% |
| Titan Company Ltd. | 0.73% | 0.54% |
| The Federal Bank Ltd. | 0.96% | 0.53% |
| Tata Steel Ltd. | 0.59% | 0.52% |
| APL Apollo Tubes Ltd. | 0.49% | 0.92% |
| BSE Ltd. | 0.49% | 0.91% |
| Ultratech Cement Ltd. | 0.50% | 0.49% |
| JSW Steel Ltd. | 0.47% | 0.53% |
| HDFC Bank Ltd. | 4.19% | 0.46% |
| Divi's Laboratories Ltd. | 0.46% | 0.61% |
| IndusInd Bank Ltd. | 0.73% | 0.45% |
| One 97 Communications Ltd | 0.88% | 0.45% |
| NTPC Ltd. | 0.59% | 0.45% |
| Grasim Industries Ltd. | 0.45% | 0.74% |
| The Phoenix Mills Ltd. | 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. | 0.44% | 0.61% |
| Glenmark Pharmaceuticals Ltd. | 0.43% | 0.46% |
| Asian Paints Ltd. | 0.42% | 0.43% |
| Radico Khaitan Ltd. | 0.42% | 0.58% |
| ITC Ltd. | 0.98% | 0.41% |
| COFORGE Ltd. | 0.75% | 0.41% |
| Swiggy Ltd | 0.46% | 0.40% |
| Marico Ltd. | 0.51% | 0.40% |
| Persistent Systems Ltd. | 0.70% | 0.39% |
| Coal India Ltd. | 0.39% | 0.48% |
| Lupin Ltd. | 0.60% | 0.39% |
| Eicher Motors Ltd. | 0.38% | 0.39% |
| Hindustan Petroleum Corporation Ltd. | 0.41% | 0.38% |
| National Aluminium Company Ltd. | 0.37% | 0.43% |
| TVS Motor Company Ltd. | 0.37% | 0.62% |
| JSW Energy Ltd | 0.37% | 0.43% |
| Fortis Healthcare Ltd. | 0.49% | 0.36% |
| Adani Enterprises Ltd. | 0.38% | 0.36% |
| Alkem Laboratories Ltd. | 0.38% | 0.36% |
| PB Fintech Ltd. | 0.46% | 0.36% |
| The Indian Hotels Company Ltd. | 0.78% | 0.35% |
| Hindalco Industries Ltd. | 0.53% | 0.34% |
| Mphasis Ltd. | 0.35% | 0.34% |
| Nestle India Ltd. | 0.36% | 0.34% |
| Oil & Natural Gas Corporation Ltd. | 0.34% | 0.41% |
| Adani Ports and Special Economic Zone Ltd. | 0.54% | 0.34% |
| Trent Ltd. | 0.34% | 0.80% |
| NHPC Ltd. | 0.34% | 0.37% |
| 360 One Wam Ltd. | 0.33% | 0.44% |
| Aditya Birla Capital Ltd. | 0.40% | 0.33% |
| Apollo Hospitals Enterprise Ltd. | 0.32% | 0.35% |
| NMDC Ltd. | 0.32% | 0.55% |
| Biocon Ltd. | 0.32% | 0.42% |
| Havells India Ltd. | 0.31% | 0.54% |
| Indus Towers Ltd. | 0.59% | 0.31% |
| Tube Investments of India Ltd. | 0.31% | 0.38% |
| Vishal Mega Mart Ltd. | 0.35% | 0.31% |
| Bajaj Finserv Ltd. | 0.39% | 0.31% |
| Oil India Ltd. | 0.30% | 0.40% |
| UPL Ltd. | 0.37% | 0.30% |
| Voltas Ltd. | 0.30% | 0.35% |
| SBI Life Insurance Company Ltd. | 0.29% | 0.40% |
| AU Small Finance Bank Ltd. | 0.72% | 0.28% |
| Tech Mahindra Ltd. | 0.37% | 0.28% |
| Ge Vernova T&D India Ltd. | 0.64% | 0.28% |
| Samvardhana Motherson International Ltd. | 0.28% | 0.32% |
| L&T Finance Ltd. | 0.28% | 0.35% |
| Jio Financial Services Ltd | 0.27% | 0.28% |
| Page Industries Ltd. | 0.28% | 0.27% |
| Hero Motocorp Ltd. | 0.83% | 0.27% |
| Bajaj Auto Ltd. | 0.46% | 0.27% |
| Cholamandalam Investment And Finance Company Ltd. | 0.27% | 0.34% |
| Torrent Pharmaceuticals Ltd. | 0.27% | 0.27% |
| Godrej Properties Ltd. | 0.27% | 0.53% |
| KEI Industries Ltd. | 0.34% | 0.27% |
| MAX Healthcare Institute Ltd | 0.27% | 0.39% |
| Dabur India Ltd. | 0.27% | 0.26% |
| UNO Minda Ltd. | 0.26% | 0.29% |
| Kalyan Jewellers India Ltd. | 0.26% | 0.75% |
| United Spirits Ltd. | 0.49% | 0.26% |
| Eternal Ltd. | 0.90% | 0.26% |
| Oberoi Realty Ltd. | 0.25% | 0.44% |
| Cummins India Ltd. | 0.25% | 0.72% |
| Max Financial Services Ltd. | 0.45% | 0.25% |
| Tata Consumer Products Ltd. | 0.24% | 0.37% |
| Avenue Supermarts Ltd. | 0.24% | 0.32% |
| Adani Power Ltd. | 0.33% | 0.24% |
| Bharat Petroleum Corporation Ltd. | 0.23% | 0.63% |
| FSN E-Commerce Ventures Ltd. | 0.54% | 0.23% |
| Tata Motors Passenger Vehicles Ltd. | 0.23% | 0.30% |
| Varun Beverages Ltd. | 0.23% | 0.28% |
| CG Power and Industrial Solutions Ltd. | 0.23% | 0.52% |
| Supreme Industries Ltd. | 0.27% | 0.22% |
| Yes Bank Ltd. | 0.45% | 0.22% |
| Nippon Life India Asset Management Ltd | 0.24% | 0.22% |
| HDFC Life Insurance Company Ltd. | 0.22% | 0.30% |
| IDFC First Bank Ltd. | 0.66% | 0.22% |
| SBI Cards & Payment Services Ltd. | 0.21% | 0.28% |
| Suzlon Energy Ltd. | 0.59% | 0.21% |
| Lodha Developers Ltd | 0.41% | 0.21% |
| Astral Ltd. | 0.20% | 0.43% |
| Power Grid Corporation Of India Ltd. | 0.46% | 0.20% |
| Bank Of Maharashtra | 0.20% | 0.31% |
| LIC Housing Finance Ltd. | 0.20% | 0.73% |
| Indian Oil Corporation Ltd. | 0.19% | 0.28% |
| Motilal Oswal Financial Services Ltd. | 0.19% | 0.39% |
| Bank Of India | 0.19% | 0.20% |
| Mankind Pharma Ltd. | 0.35% | 0.19% |
| Container Corporation Of India Ltd. | 0.19% | 0.21% |
| Power Finance Corporation Ltd. | 0.18% | 0.24% |
| HDFC Asset Management Company Ltd. | 0.18% | 0.37% |
| Tata Power Company Ltd. | 0.23% | 0.18% |
| GAIL (India) Ltd. | 0.18% | 0.44% |
| Vedanta Ltd. | 0.18% | 0.71% |
| Pidilite Industries Ltd. | 0.18% | 0.71% |
| Hindustan Aeronautics Ltd. | 0.34% | 0.17% |
| Bharat Heavy Electricals Ltd. | 0.74% | 0.17% |
| DLF Ltd. | 0.17% | 0.26% |
| Solar Industries India Ltd. | 0.18% | 0.17% |
| Adani Energy Solutions Ltd. | 0.17% | 0.37% |
| Adani Green Energy Ltd. | 0.17% | 0.38% |
| Polycab India Ltd. | 0.17% | 0.65% |
| Bank Of Baroda | 0.17% | 0.39% |
| Petronet LNG Ltd. | 0.26% | 0.17% |
| Bosch Ltd. | 0.16% | 0.39% |
| Canara Bank | 0.15% | 0.40% |
| Premier Energies Ltd. | 0.15% | 0.64% |
| Patanjali Foods Ltd. | 0.15% | 0.68% |
| Punjab National Bank | 0.15% | 0.34% |
| Hitachi Energy India Ltd. | 0.15% | 0.40% |
| Dr. Reddy's Laboratories Ltd. | 0.29% | 0.14% |
| Colgate - Palmolive (India) Ltd. | 0.28% | 0.14% |
| Vodafone Idea Ltd. | 0.14% | 0.43% |
| ABB India Ltd. | 0.14% | 0.25% |
| Godrej Consumer Products Ltd. | 0.13% | 0.15% |
| Union Bank Of India | 0.13% | 0.25% |
| Bajaj Holdings & Investment Ltd. | 0.18% | 0.11% |
| Muthoot Finance Ltd. | 0.11% | 0.45% |
| Zydus Lifesciences Ltd. | 0.11% | 0.21% |
| Bharat Dynamics Ltd. | 0.13% | 0.11% |
| Hindustan Zinc Ltd. | 0.11% | 0.30% |
| Indian Bank | 0.35% | 0.09% |
| Godfrey Phillips India Ltd. | 0.09% | 0.11% |
| Ambuja Cements Ltd. | 0.09% | 0.25% |
| Wipro Ltd. | 0.17% | 0.09% |
| Shriram Finance Ltd. | 0.53% | 0.07% |
| Kotak Mahindra Bank Ltd. | 1.19% | 0.06% |
| Jubilant Foodworks Ltd. | 0.22% | 0.06% |
| Mazagon Dock Shipbuilders Ltd | 0.06% | 0.13% |
| Shree Cements Ltd. | 0.36% | 0.05% |
| Cochin Shipyard Ltd. | 0.16% | 0.05% |
| Dixon Technologies (India) Ltd. | 0.67% | 0.05% |
| ICICI Lombard General Insurance Company Ltd. | 0.47% | 0.04% |
| SIEMENS ENERGY INDIA LTD | 0.11% | 0.04% |
| Gmr Airports Ltd. | 0.40% | 0.04% |
| Hyundai Motor India Ltd. | 0.11% | 0.02% |
| Rail Vikas Nigam Ltd. | 0.14% | 0.01% |
| Jindal Steel Ltd. | 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. 52.5% means 52.5% 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 ICICI Prudential Nifty LargeMidcap 250 Index Fund
| Security | % of fund |
|---|---|
| EMBASSY OFFICE PARKS REIT | 0.93% |
| Lenskart Solutions Ltd. | 0.61% |
| Bharat Electronics Ltd. | 0.54% |
| HCL Technologies Ltd. | 0.50% |
| Rural Electrification Corporation Ltd. | 0.46% |
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 | ICICI Prudential Nifty LargeMidcap 250 Index | Mirae Asset Arbitrage |
|---|---|---|
| Equity | 99.0% | 73.5% |
| Debt | 0.0% | 0.0% |
| Cash and others | 1.0% | 26.5% |
Market cap of stocks
| Market cap | ICICI Prudential Nifty LargeMidcap 250 Index | Mirae Asset Arbitrage |
|---|---|---|
| Large Cap | 51.7% | 37.6% |
| Mid Cap | 46.1% | 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 | ICICI Prudential 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% | 0.0% |
| Capital Markets | 3.0% | 5.1% |
| Retailing | 4.3% | 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.
ICICI Prudential Nifty LargeMidcap 250 Index vs Mirae Asset Arbitrage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ICICI Prudential Nifty LargeMidcap 250 Index Fund | Mirae Asset Arbitrage Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.33% | 2.48% |
| Base expense ratio (Direct) | 0.21% | 0.13% |
| Total expense ratio (Regular) | 0.83% | 3.25% |
| Base expense ratio (Regular) | 0.64% | 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
ICICI Prudential Nifty LargeMidcap 250 Index Fund vs Mirae Asset Arbitrage Fund: Frequently Asked Questions
What is the difference between ICICI Prudential Nifty LargeMidcap 250 Index Fund and Mirae Asset Arbitrage Fund?
ICICI Prudential Nifty LargeMidcap 250 Index Fund is an Index fund, Mirae Asset Arbitrage Fund is an Arbitrage fund, run by ICICI Prudential Mutual Fund and Mirae Asset Mutual Fund. Their portfolios overlap 52.5%. ICICI Prudential Nifty LargeMidcap 250 Index Fund charges 0.33% a year and Mirae Asset Arbitrage Fund 2.48%.
Which has given higher returns, ICICI Prudential Nifty LargeMidcap 250 Index Fund or Mirae Asset Arbitrage Fund?
Over 1 year: ICICI Prudential Nifty LargeMidcap 250 Index Fund −6.77%, Mirae Asset Arbitrage Fund +6.73%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, ICICI Prudential Nifty LargeMidcap 250 Index Fund or Mirae Asset Arbitrage Fund?
ICICI Prudential Nifty LargeMidcap 250 Index Fund charges less: 0.33% a year against 2.48%. These are the Direct plans' total expense ratios reported to AMFI.
How much do ICICI Prudential Nifty LargeMidcap 250 Index Fund and Mirae Asset Arbitrage Fund overlap?
52.5%. They hold 174 of the same securities, the largest shared ones being LT, INFY, RELIANCE. From each fund's latest monthly portfolio.
Can I invest in both ICICI Prudential Nifty LargeMidcap 250 Index Fund and Mirae Asset Arbitrage Fund?
Yes. 52.5% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages ICICI Prudential Nifty LargeMidcap 250 Index Fund and Mirae Asset Arbitrage Fund?
ICICI Prudential Nifty LargeMidcap 250 Index Fund: Nishit Patel, Ashwini Bharucha, Venus Ahuja. 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.