Mirae Asset Arbitrage Fund is an Arbitrage fund run by Mirae Asset Mutual Fund. On 30-09-2026, it managed ₹3,571 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 7.3% a year and its Regular plan returned 6.5% a year.
NAV (Direct plan)
₹14.71
▲ 0.17% · 30-10-2026
NAV (Regular plan)
₹14.03
▲ 0.16% · 30-10-2026
Expense ratio
2.48%Direct3.25%Regular
2.48%
A year
Riskometer
Low
Set by the fund house
3 year return
7.3%Direct6.5%Regular
7.3%
A year
Mirae Asset Arbitrage Fund NAV Today
NAV on 30-10-2026: Direct Plan Growth ₹14.71 (up 0.17% that day); Regular Plan Growth ₹14.03 (up 0.16% that day).
This fund (Direct plan)
₹14.711
Mirae Asset Arbitrage Fund Returns vs Arbitrage Funds
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
Trailing returns
Period
1M
3M
6M
1Y
3Y
5Y
10Y
This fund (Direct)
+0.62%
+1.57%
+3.33%
+6.73%
+7.35%
+6.82%
--
This fund (Regular)
+0.55%
+1.37%
+2.92%
+5.89%
+6.50%
+6.01%
--
Arbitrage average
+0.56%
+1.52%
+3.20%
+6.62%
+7.18%
+6.68%
--
Best in Arbitrage
+0.73%
+1.71%
+3.63%
+7.56%
+7.46%
+7.14%
--
Worst in Arbitrage
+0.45%
+1.28%
+2.60%
+5.24%
+6.42%
+5.89%
--
Rank in Arbitrage
6/39
7/38
6/38
10/33
6/25
9/20
--
Category rows compare the Direct plans of 39 Arbitrage funds. Rank 1 is the highest return. This fund's benchmark is Nifty 50 Arbitrage Index. Returns of that index are not available to us, so the category average is the comparison.
Mirae Asset Arbitrage Fund Year-wise Returns
Return of each calendar year
Year
Direct
Regular
2026to date
+5.52%
+4.84%
2025
+6.99%
+6.15%
2024
+8.36%
+7.49%
2023
+7.82%
+7.04%
2022
+4.84%
+4.10%
2021
+4.19%
+3.49%
Mirae Asset Arbitrage Fund Rolling Returns
The return of every holding period in the fund's history, not only the one that ends today
Rolling returns
Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 825 periods, one for each trading day from 22-06-2023 to 30-10-2026.
0%2%4%6%8%
Mirae Asset Arbitrage Fund (Direct)
Category average, 39 Arbitrage funds
Sept 2020 to Sept 2023Apr 2021 to Apr 2024Nov 2021 to Nov 2024Jun 2022 to Jun 2025Jan 2023 to Jan 2026Jul 2023 to Jul 2026
Mirae Asset Arbitrage Fund (Direct)Category average, 39 Arbitrage funds
0%
0%
Below 0%
1%
4%
0-5%
99%
96%
5-10%
0%
0%
10-15%
0%
0%
15-20%
0%
0%
20-25%
0%
0%
Above 25%
Every holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Category median
Beat category
1 year
1,320
6.8%
3.7%
8.8%
0%
6.7%
99%
2 years
1,072
7.0%
4.1%
8.3%
0%
6.9%
100%
3 years
825
7.1%
4.9%
7.8%
0%
6.9%
100%
5 years
334
6.6%
6.1%
6.9%
0%
6.4%
100%
Every SIP holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Category median
Beat category
1 year
65
6.7%
3.7%
8.6%
0%
6.7%
95%
2 years
53
7.1%
4.1%
8.3%
0%
7.0%
100%
3 years
41
7.4%
5.4%
8.0%
0%
7.3%
100%
Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat category" counts the periods in which the fund did better than the average of the 39 Arbitrage funds (Direct plans, each weighted the same) over the same days. Past returns do not promise future returns.
Mirae Asset Arbitrage Fund Risk
How much it swings, and the falls an investor had to sit through
Risk and return
Measure
Mirae Asset Arbitrage Fund (Direct)This fund
Category average
Return (CAGR)
+6.73%
+6.61%
Standard deviation
1.45%
1.35%
Sharpe ratio
1.02
1.01
Sortino ratio
1.53
1.54
Maximum drawdown
−0.44%
(06-08-2026)
−0.45%
(06-08-2026)
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.
Measure
Mirae Asset Arbitrage Fund (Direct)This fund
Category average
Return (CAGR)
+7.35%
+7.18%
Standard deviation
1.16%
1.07%
Sharpe ratio
1.14
1.08
Sortino ratio
1.73
1.65
Maximum drawdown
−0.44%
(06-08-2026)
−0.45%
(06-08-2026)
From daily NAVs, 30-10-2023 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.
Measure
Mirae Asset Arbitrage Fund (Direct)This fund
Category average
Return (CAGR)
+6.82%
+6.65%
Standard deviation
1.06%
0.98%
Sharpe ratio
0.96
0.87
Sortino ratio
1.46
1.32
Maximum drawdown
−0.44%
(06-08-2026)
−0.45%
(06-08-2026)
From daily NAVs, 29-10-2021 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.
Measure
Mirae Asset Arbitrage Fund (Direct)This fund
Category average
Return (CAGR)
+6.25%
+6.07%
Standard deviation
1.03%
0.95%
Sharpe ratio
0.99
0.87
Sortino ratio
1.49
1.31
Maximum drawdown
−0.44%
(06-08-2026)
−0.45%
(06-08-2026)
From daily NAVs, 22-06-2020 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.
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.
−0.5%−0.4%−0.3%−0.2%−0.1%0%
Mirae Asset Arbitrage Fund (Direct)
Category average, 39 Arbitrage funds
202120222023202420252026
Mirae Asset Arbitrage Fund (Direct)Category average, 39 Arbitrage funds
Worst fall
High before it
Bottom
Back at the high
Time to climb back
Below its high today
Mirae Asset Arbitrage Fund (Direct)
−0.44%
03-08-2026
06-08-2026
31-08-2026
25 days
−0.04%
Category average
−0.45%
03-08-2026
06-08-2026
24-08-2026
18 days
−0.04%
From the Direct plan's daily NAV since 22-06-2020, adjusted for unit splits, and the average of the 39 Arbitrage funds (Direct plans, each weighted the same) over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.
Mirae Asset Arbitrage Fund vs Other Arbitrage Funds
The five Arbitrage funds with the best three year return, and this fund. Direct plans.
AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.
Mirae Asset Arbitrage Fund Expense Ratio and Costs
What each plan charges a year, in force from 01-10-2026
Plan
Base expense ratio
Brokerage
Transaction costs
Levies and GST
Total expense ratio
Arbitrage median
Cost rank (1 = cheapest)
Direct
0.13%
0.20%
0.09%
2.06%
2.48%
1.45%
39/39
Regular
0.78%
0.20%
0.09%
2.18%
3.25%
2.08%
37/38
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, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Arbitrage funds' plans of the same type are sorted from the lowest total expense ratio to the highest.
Direct vs Regular: what the gap cost
Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.
Over the last
Regular
Direct
Direct earned more by
₹1 lakh became (Regular)
₹1 lakh became (Direct)
1 year
5.89%
6.73%
0.84%
₹1,05,890
₹1,06,730
3 years
6.50%
7.35%
0.85% a year
₹1,20,795
₹1,23,710
5 years
6.01%
6.82%
0.81% a year
₹1,33,886
₹1,39,079
Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.
Mirae Asset Arbitrage Fund SIP Calculator
What a one-time or monthly investment in this fund would be worth today, from its own NAV history
Growth of an investment
Step up each year
PeriodFor
₹10,000 on the first trading day of every month, from 22-06-2020 to 30-10-2026: 77 instalments, ₹7,70,000 in all.
Direct planMirae Asset Arbitrage Fund (Direct)Regular planMirae Asset Arbitrage Fund (Regular)Category averageCategory average, 39 Arbitrage fundsAmount invested
From each plan's published NAV (Growth option) and the category average, 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.
Mirae Asset Arbitrage Fund Asset Allocation
Asset allocation as on 30-09-2026
What the fund holds
73.5%Equity
Asset
Fund
Category
Equity
73.5%
71.6%
Cash and others
26.5%
19.5%
Market cap of stocks
Market cap
Fund
Category
Large Cap
37.6%
54.0%
Mid Cap
29.0%
14.1%
Small Cap
6.8%
3.5%
Share of the whole fund. Category: the average of the Arbitrage funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Mirae Asset Arbitrage Fund Sector Allocation
Sector allocation of the fund's stocks as on 30-09-2026
Largest sectors
Banks6.7%
Capital Markets5.1%
Pharmaceuticals & Biotechnology4.7%
Finance4.5%
Automobiles3.7%
Consumer Durables3.7%
IT - Software3.5%
Industrial Products3.2%
Retailing3.0%
Power2.6%
The ten largest of 44 sectors. The other 34 add up to 32.8%.
Sector changes
Sector
July 2026
August 2026
September 2026
Change
Banks
8.3%
8.0%
6.7%
−1.6%
Capital Markets
4.0%
5.3%
5.1%
+1.1%
Pharmaceuticals & Biotechnology
5.2%
4.4%
4.7%
−0.5%
Finance
6.8%
5.8%
4.5%
−2.3%
Automobiles
4.9%
4.3%
3.7%
−1.2%
Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.
Mirae Asset Arbitrage Fund Portfolio Holdings
As on 30-09-2026 · 196 holdings · from the fund house's monthly portfolio
Holdings
Sector
Weight%
Holdings trend
1M change
Mirae Asset Liquid Fund-Direct Plan-Growth
9.89%
Mirae Asset Money Market Fund-Direct Plan-Growth
4.94%
Larsen & Toubro Ltd.
Construction
1.78%
+45.5%
APL Apollo Tubes Ltd.
Industrial Products
0.92%
+10.3%
BSE Ltd.
Capital Markets
0.91%
−38.4%
Infosys Ltd.
IT - Software
0.90%
+26.9%
Tata Consultancy Services Ltd.
IT - Software
0.84%
+95.5%
Reliance Industries Ltd.
Petroleum Products
0.83%
+63.0%
Trent Ltd.
Retailing
0.80%
−40.6%
Angel One Ltd.
Capital Markets
0.77%
+165.1%
Kalyan Jewellers India Ltd.
Consumer Durables
0.75%
−24.8%
Grasim Industries Ltd.
Cement & Cement Products
0.74%
+131.3%
Multi Commodity Exchange of India Ltd.
Capital Markets
0.74%
+2.9%
Maruti Suzuki India Ltd.
Automobiles
0.74%
+16.0%
LIC Housing Finance Ltd.
Finance
0.73%
+4.5%
Life Insurance Corporation of India
Insurance
0.72%
+14.3%
Cummins India Ltd.
Industrial Products
0.72%
+46.0%
Pidilite Industries Ltd.
Chemicals & Petrochemicals
0.71%
0.0%
ICICI Bank Ltd.
Banks
0.71%
+31.1%
Vedanta Ltd.
Diversified Metals
0.71%
−47.7%
Patanjali Foods Ltd.
Agricultural Food & other Products
0.68%
+29.2%
Aurobindo Pharma Ltd.
Pharmaceuticals & Biotechnology
0.67%
+2.4%
State Bank of India
Banks
0.66%
+66.5%
Polycab India Ltd.
Industrial Products
0.65%
+62.7%
Premier Energies Ltd
Electrical Equipment
0.64%
+100.5%
Info Edge (India) Ltd.
Retailing
0.64%
−15.8%
Bharat Petroleum Corporation Ltd.
Petroleum Products
0.63%
+7.1%
TVS Motor Company Ltd.
Automobiles
0.62%
−17.4%
Delhivery Ltd.
Transport Services
0.62%
0.0%
Interglobe Aviation Ltd.
Transport Services
0.61%
+2.5%
Divi's Laboratories Ltd.
Pharmaceuticals & Biotechnology
0.61%
0.0%
Axis Bank Ltd.
Banks
0.60%
−39.8%
Ashok Leyland Ltd.
Agricultural, Commercial & Construction Vehicles
0.59%
+41.1%
Radico Khaitan Ltd.
Beverages
0.58%
0.0%
PG Electroplast Ltd.
Consumer Durables
0.56%
−0.5%
Bajaj Finance Ltd.
Finance
0.56%
−31.1%
Bharat Forge Ltd.
Auto Components
0.55%
+17.9%
NMDC Ltd.
Minerals & Mining
0.55%
0.0%
Sun Pharmaceutical Industries Ltd.
Pharmaceuticals & Biotechnology
0.55%
+1.7%
Mahindra & Mahindra Ltd.
Automobiles
0.55%
+8.6%
Havells India Ltd.
Consumer Durables
0.54%
New
Bharti Airtel Ltd.
Telecom - Services
0.54%
+6.5%
Titan Company Ltd.
Consumer Durables
0.54%
−28.7%
JSW Steel Ltd.
Ferrous Metals
0.53%
0.0%
Godrej Properties Ltd.
Realty
0.53%
0.0%
SRF Ltd.
Chemicals & Petrochemicals
0.53%
0.0%
The Federal Bank Ltd.
Banks
0.53%
0.0%
CG Power and Industrial Solutions Ltd.
Electrical Equipment
0.52%
+47.4%
Tata Steel Ltd.
Ferrous Metals
0.52%
+11.8%
Ultratech Cement Ltd.
Cement & Cement Products
0.49%
+42.8%
Ather Energy Ltd.
Automobiles
0.48%
−11.3%
Central Depository Services (I) Ltd.
Capital Markets
0.48%
0.0%
The Phoenix Mills Ltd.
Realty
0.48%
+1.6%
Coal India Ltd.
Consumable Fuels
0.48%
0.0%
Computer Age Management Services Ltd.
Capital Markets
0.47%
−18.5%
HDFC Bank Ltd.
Banks
0.46%
−40.2%
Glenmark Pharmaceuticals Ltd.
Pharmaceuticals & Biotechnology
0.46%
0.0%
IndusInd Bank Ltd.
Banks
0.45%
+93.9%
One 97 Communications Ltd.
Financial Technology (Fintech)
0.45%
−38.0%
NTPC Ltd.
Power
0.45%
0.0%
Muthoot Finance Ltd.
Finance
0.45%
0.0%
Oberoi Realty Ltd.
Realty
0.44%
−37.4%
360 ONE WAM Ltd.
Capital Markets
0.44%
+116.2%
GAIL (India) Ltd.
Gas
0.44%
New
Laurus Labs Ltd.
Pharmaceuticals & Biotechnology
0.44%
+322.7%
Hindustan Unilever Ltd.
Diversified FMCG
0.44%
+59.2%
Asian Paints Ltd.
Consumer Durables
0.43%
−0.8%
National Aluminium Company Ltd.
Non - Ferrous Metals
0.43%
0.0%
Astral Ltd.
Industrial Products
0.43%
+3671.4%
Bandhan Bank Ltd.
Banks
0.43%
0.0%
JSW Energy Ltd.
Power
0.43%
0.0%
Vodafone Idea Ltd.
Telecom - Services
0.43%
−48.8%
Biocon Ltd.
Pharmaceuticals & Biotechnology
0.42%
−22.9%
ITC Ltd.
Diversified FMCG
0.41%
0.0%
Oil & Natural Gas Corporation Ltd.
Oil
0.41%
−40.6%
Coforge Ltd.
IT - Software
0.41%
+30.6%
Oil India Ltd.
Oil
0.40%
New
Canara Bank
Banks
0.40%
0.0%
Swiggy Ltd.
Retailing
0.40%
+131.6%
SBI Life Insurance Co. Ltd.
Insurance
0.40%
0.0%
Marico Ltd.
Agricultural Food & other Products
0.40%
0.0%
Hitachi Energy India Ltd.
Electrical Equipment
0.40%
0.0%
Motilal Oswal Financial Services Ltd.
Capital Markets
0.39%
−15.3%
Persistent Systems Ltd.
IT - Software
0.39%
+55.5%
Eicher Motors Ltd.
Automobiles
0.39%
−44.1%
Bosch Ltd.
Auto Components
0.39%
−11.9%
Lupin Ltd.
Pharmaceuticals & Biotechnology
0.39%
+192.7%
Max Healthcare Institute Ltd.
Healthcare Services
0.39%
+21.0%
Bank of Baroda
Banks
0.39%
+36.0%
Adani Green Energy Ltd.
Power
0.38%
0.0%
Tube Investments of India Ltd.
Auto Components
0.38%
0.0%
Hindustan Petroleum Corporation Ltd.
Petroleum Products
0.38%
0.0%
Tata Consumer Products Ltd.
Agricultural Food & other Products
0.37%
0.0%
Adani Energy Solutions Ltd.
Power
0.37%
0.0%
HDFC Asset Management Co. Ltd.
Capital Markets
0.37%
+0.5%
NHPC Ltd.
Power
0.37%
New
Fortis Healthcare Ltd.
Healthcare Services
0.36%
0.0%
Adani Enterprises Ltd.
Metals & Minerals Trading
0.36%
0.0%
Alkem Laboratories Ltd.
Pharmaceuticals & Biotechnology
0.36%
0.0%
PB Fintech Ltd.
Financial Technology (Fintech)
0.36%
+6.5%
The Indian Hotels Company Ltd.
Leisure Services
0.35%
+4.2%
L&T Finance Ltd.
Finance
0.35%
+238.7%
Voltas Ltd.
Consumer Durables
0.35%
0.0%
Apollo Hospitals Enterprise Ltd.
Healthcare Services
0.35%
−12.9%
PNB Housing Finance Ltd.
Finance
0.35%
−16.7%
Punjab National Bank
Banks
0.34%
0.0%
Hindalco Industries Ltd.
Non - Ferrous Metals
0.34%
−44.1%
Mphasis Ltd.
IT - Software
0.34%
+26.2%
Cholamandalam Investment & Finance Co. Ltd.
Finance
0.34%
−25.9%
Nestle India Ltd.
Food Products
0.34%
+14.2%
Adani Ports and Special Economic Zone Ltd.
Transport Infrastructure
0.34%
0.0%
Aditya Birla Capital Ltd.
Finance
0.33%
0.0%
Samvardhana Motherson International Ltd.
Auto Components
0.32%
−30.3%
Avenue Supermarts Ltd.
Retailing
0.32%
−26.7%
Bank of Maharashtra
Banks
0.31%
0.0%
Indus Towers Ltd.
Telecom - Services
0.31%
0.0%
Vishal Mega Mart Ltd.
Retailing
0.31%
−20.6%
Bajaj Finserv Ltd.
Finance
0.31%
−17.0%
Tata Motors Passenger Vehicles Ltd.
Automobiles
0.30%
+11800.0%
HDFC Life Insurance Company Ltd.
Insurance
0.30%
New
Hindustan Zinc Ltd.
Non - Ferrous Metals
0.30%
−35.3%
UPL Ltd.
Fertilizers & Agrochemicals
0.30%
+39.0%
Sagility Ltd.
IT - Services
0.29%
0.0%
UNO Minda Ltd.
Auto Components
0.29%
−32.4%
SBI Cards & Payment Services Ltd.
Finance
0.28%
+423.8%
AU Small Finance Bank Ltd.
Banks
0.28%
−38.3%
Tech Mahindra Ltd.
IT - Software
0.28%
−12.7%
Indian Energy Exchange Ltd.
Capital Markets
0.28%
0.0%
GE Vernova T&D India Ltd.
Electrical Equipment
0.28%
0.0%
Varun Beverages Ltd.
Beverages
0.28%
−5.8%
Indian Oil Corporation Ltd.
Petroleum Products
0.28%
0.0%
Jio Financial Services Ltd.
Finance
0.28%
0.0%
Page Industries Ltd.
Textiles & Apparels
0.27%
−36.5%
Hero MotoCorp Ltd.
Automobiles
0.27%
−48.8%
Bajaj Auto Ltd.
Automobiles
0.27%
−29.6%
Torrent Pharmaceuticals Ltd.
Pharmaceuticals & Biotechnology
0.27%
0.0%
KEI Industries Ltd.
Industrial Products
0.27%
New
Dabur India Ltd.
Personal Products
0.26%
+5.3%
DLF Ltd.
Realty
0.26%
−7.0%
United Spirits Ltd.
Beverages
0.26%
−52.0%
Eternal Ltd.
Retailing
0.26%
−27.6%
Ambuja Cements Ltd.
Cement & Cement Products
0.25%
0.0%
Amber Enterprises India Ltd.
Consumer Durables
0.25%
−48.5%
Union Bank of India
Banks
0.25%
+21.6%
ABB India Ltd.
Electrical Equipment
0.25%
−26.6%
Crompton Greaves Consumer Electricals Ltd.
Consumer Durables
0.25%
+4.2%
Max Financial Services Ltd.
Insurance
0.25%
−46.3%
Power Finance Corporation Ltd.
Finance
0.24%
0.0%
Adani Power Ltd.
Power
0.24%
+4.5%
FSN E-Commerce Ventures Ltd.
Retailing
0.23%
−43.5%
Supreme Industries Ltd.
Industrial Products
0.22%
0.0%
Yes Bank Ltd.
Banks
0.22%
+106.8%
Nippon Life India Asset Management Ltd.
Capital Markets
0.22%
+81.5%
IDFC First Bank Ltd.
Banks
0.22%
−57.1%
KPIT Technologies Ltd.
IT - Software
0.22%
−26.8%
Container Corporation of India Ltd.
Transport Services
0.21%
−44.8%
Suzlon Energy Ltd.
Electrical Equipment
0.21%
0.0%
Lodha Developers Ltd.
Realty
0.21%
New
Zydus Lifesciences Ltd.
Pharmaceuticals & Biotechnology
0.21%
+10.9%
Bank of India
Banks
0.20%
−32.9%
Power Grid Corporation of India Ltd.
Power
0.20%
−28.5%
Mankind Pharma Ltd.
Pharmaceuticals & Biotechnology
0.19%
−48.1%
Tata Power Company Ltd.
Power
0.18%
+480.9%
Hindustan Aeronautics Ltd.
Aerospace & Defense
0.17%
+8.8%
Bharat Heavy Electricals Ltd.
Electrical Equipment
0.17%
+450.0%
Solar Industries India Ltd.
Chemicals & Petrochemicals
0.17%
−54.5%
Petronet LNG Ltd.
Gas
0.17%
New
Godrej Consumer Products Ltd.
Personal Products
0.15%
−20.1%
Sona Blw Precision Forgings Ltd.
Auto Components
0.14%
+212.5%
Dr. Reddy's Laboratories Ltd.
Pharmaceuticals & Biotechnology
0.14%
New
Colgate Palmolive (India) Ltd.
Personal Products
0.14%
+24.1%
Kaynes Technology India Ltd.
Industrial Manufacturing
0.14%
+93.8%
Mazagon Dock Shipbuilders Ltd.
Industrial Manufacturing
0.13%
−14.5%
NBCC (India) Ltd.
Construction
0.12%
−39.9%
Bajaj Holdings & Investment Ltd.
Finance
0.11%
New
Godfrey Phillips India Ltd.
Cigarettes & Tobacco Products
0.11%
New
Bharat Dynamics Ltd.
Aerospace & Defense
0.11%
New
Indian Bank
Banks
0.09%
−71.8%
Manappuram Finance Ltd.
Finance
0.09%
−86.0%
Wipro Ltd.
IT - Software
0.09%
New
Force Motors Ltd.
Automobiles
0.08%
−51.4%
Shriram Finance Ltd.
Finance
0.07%
−87.8%
Kotak Mahindra Bank Ltd.
Banks
0.06%
−83.7%
Jubilant Foodworks Ltd.
Leisure Services
0.06%
New
Ujjivan Small Finance Bank Ltd.
Banks
0.06%
New
Shree Cement Ltd.
Cement & Cement Products
0.05%
−90.1%
Cochin Shipyard Ltd.
Industrial Manufacturing
0.05%
−93.8%
AnandRathi Wealth Ltd.
Capital Markets
0.05%
New
Dixon Technologies (India) Ltd.
Consumer Durables
0.05%
New
ICICI Lombard General Insurance Company Ltd.
Insurance
0.04%
−93.1%
Siemens Energy India Ltd.
Electrical Equipment
0.04%
New
GMR Airports Ltd.
Transport Infrastructure
0.04%
New
Hyundai Motor India Ltd.
Automobiles
0.02%
New
Rail Vikas Nigam Ltd.
Construction
0.01%
−95.1%
Jindal Steel Ltd.
Ferrous Metals
0.01%
−96.3%
Britannia Industries Ltd.
Food Products
0.01%
New
Mirae Asset Arbitrage Fund Stocks Bought and Sold
All changes are between August 2026 and September 2026
More
Stocks bought and sold in September 2026
Larsen & Toubro Ltd.
↑Added
+45.5%
1.78%
BSE Ltd.
↓Reduced
−38.4%
0.91%
Trent Ltd.
↓Reduced
−40.6%
0.80%
Vedanta Ltd.
↓Reduced
−47.7%
0.71%
Steel Authority of India Ltd.
↓Sold out
−100%
was 1.11%
Kalyan Jewellers India Ltd.
↓Reduced
−24.8%
0.75%
Axis Bank Ltd.
↓Reduced
−39.8%
0.60%
APL Apollo Tubes Ltd.
↑Added
+10.3%
0.92%
Infosys Ltd.
↑Added
+26.9%
0.90%
Cochin Shipyard Ltd.
↓Reduced
−93.8%
0.05%
Vodafone Idea Ltd.
↓Reduced
−48.8%
0.43%
Tata Consultancy Services Ltd.
↑Added
+95.5%
0.84%
Reliance Industries Ltd.
↑Added
+63.0%
0.83%
Bajaj Finance Ltd.
↓Reduced
−31.1%
0.56%
Titan Company Ltd.
↓Reduced
−28.7%
0.54%
Angel One Ltd.
↑Added
+165.1%
0.77%
Info Edge (India) Ltd.
↓Reduced
−15.8%
0.64%
Grasim Industries Ltd.
↑Added
+131.3%
0.74%
Multi Commodity Exchange of India Ltd.
↑Added
+2.9%
0.74%
Maruti Suzuki India Ltd.
↑Added
+16.0%
0.74%
TVS Motor Company Ltd.
↓Reduced
−17.4%
0.62%
LIC Housing Finance Ltd.
↑Added
+4.5%
0.73%
Eicher Motors Ltd.
↓Reduced
−44.1%
0.39%
Life Insurance Corporation of India
↑Added
+14.3%
0.72%
Cummins India Ltd.
↑Added
+46.0%
0.72%
HDFC Bank Ltd.
↓Reduced
−40.2%
0.46%
ICICI Bank Ltd.
↑Added
+31.1%
0.71%
Oberoi Realty Ltd.
↓Reduced
−37.4%
0.44%
One 97 Communications Ltd.
↓Reduced
−38.0%
0.45%
Patanjali Foods Ltd.
↑Added
+29.2%
0.68%
Aurobindo Pharma Ltd.
↑Added
+2.4%
0.67%
State Bank of India
↑Added
+66.5%
0.66%
Oil & Natural Gas Corporation Ltd.
↓Reduced
−40.6%
0.41%
Polycab India Ltd.
↑Added
+62.7%
0.65%
Shriram Finance Ltd.
↓Reduced
−87.8%
0.07%
Manappuram Finance Ltd.
↓Reduced
−86.0%
0.09%
Premier Energies Ltd
↑Added
+100.5%
0.64%
Bharat Petroleum Corporation Ltd.
↑Added
+7.1%
0.63%
Computer Age Management Services Ltd.
↓Reduced
−18.5%
0.47%
PG Electroplast Ltd.
↓Reduced
−0.5%
0.56%
Hindalco Industries Ltd.
↓Reduced
−44.1%
0.34%
Ather Energy Ltd.
↓Reduced
−11.3%
0.48%
Interglobe Aviation Ltd.
↑Added
+2.5%
0.61%
Ashok Leyland Ltd.
↑Added
+41.1%
0.59%
Oracle Financial Services Software Ltd.
↓Sold out
−100%
was 0.57%
Biocon Ltd.
↓Reduced
−22.9%
0.42%
United Spirits Ltd.
↓Reduced
−52.0%
0.26%
PB Fintech Ltd.
↑Added
+6.5%
0.36%
Bharat Forge Ltd.
↑Added
+17.9%
0.55%
Sun Pharmaceutical Industries Ltd.
↑Added
+1.7%
0.55%
Mahindra & Mahindra Ltd.
↑Added
+8.6%
0.55%
Havells India Ltd.
↑New
New
0.54%
RBL Bank Ltd.
↓Sold out
−100%
was 0.54%
Bharti Airtel Ltd.
↑Added
+6.5%
0.54%
ICICI Lombard General Insurance Company Ltd.
↓Reduced
−93.1%
0.04%
CG Power and Industrial Solutions Ltd.
↑Added
+47.4%
0.52%
Tata Steel Ltd.
↑Added
+11.8%
0.52%
Amber Enterprises India Ltd.
↓Reduced
−48.5%
0.25%
Hero MotoCorp Ltd.
↓Reduced
−48.8%
0.27%
Shree Cement Ltd.
↓Reduced
−90.1%
0.05%
IDFC First Bank Ltd.
↓Reduced
−57.1%
0.22%
Max Financial Services Ltd.
↓Reduced
−46.3%
0.25%
Cholamandalam Investment & Finance Co. Ltd.
↓Reduced
−25.9%
0.34%
Ultratech Cement Ltd.
↑Added
+42.8%
0.49%
The Phoenix Mills Ltd.
↑Added
+1.6%
0.48%
HCL Technologies Ltd.
↓Sold out
−100%
was 0.48%
AU Small Finance Bank Ltd.
↓Reduced
−38.3%
0.28%
Motilal Oswal Financial Services Ltd.
↓Reduced
−15.3%
0.39%
IndusInd Bank Ltd.
↑Added
+93.9%
0.45%
Hindustan Zinc Ltd.
↓Reduced
−35.3%
0.30%
Asian Paints Ltd.
↓Reduced
−0.8%
0.43%
Samvardhana Motherson International Ltd.
↓Reduced
−30.3%
0.32%
360 ONE WAM Ltd.
↑Added
+116.2%
0.44%
GAIL (India) Ltd.
↑New
New
0.44%
Laurus Labs Ltd.
↑Added
+322.7%
0.44%
Hindustan Unilever Ltd.
↑Added
+59.2%
0.44%
Bosch Ltd.
↓Reduced
−11.9%
0.39%
UNO Minda Ltd.
↓Reduced
−32.4%
0.29%
Astral Ltd.
↑Added
+3671.4%
0.43%
Container Corporation of India Ltd.
↓Reduced
−44.8%
0.21%
FSN E-Commerce Ventures Ltd.
↓Reduced
−43.5%
0.23%
Avenue Supermarts Ltd.
↓Reduced
−26.7%
0.32%
Coforge Ltd.
↑Added
+30.6%
0.41%
Apollo Hospitals Enterprise Ltd.
↓Reduced
−12.9%
0.35%
Oil India Ltd.
↑New
New
0.40%
Swiggy Ltd.
↑Added
+131.6%
0.40%
Bajaj Auto Ltd.
↓Reduced
−29.6%
0.27%
Bajaj Finserv Ltd.
↓Reduced
−17.0%
0.31%
PNB Housing Finance Ltd.
↓Reduced
−16.7%
0.35%
HDFC Asset Management Co. Ltd.
↑Added
+0.5%
0.37%
Persistent Systems Ltd.
↑Added
+55.5%
0.39%
Page Industries Ltd.
↓Reduced
−36.5%
0.27%
Vishal Mega Mart Ltd.
↓Reduced
−20.6%
0.31%
Lupin Ltd.
↑Added
+192.7%
0.39%
Max Healthcare Institute Ltd.
↑Added
+21.0%
0.39%
Bank of Baroda
↑Added
+36.0%
0.39%
NHPC Ltd.
↑New
New
0.37%
Kotak Mahindra Bank Ltd.
↓Reduced
−83.7%
0.06%
ABB India Ltd.
↓Reduced
−26.6%
0.25%
The Indian Hotels Company Ltd.
↑Added
+4.2%
0.35%
L&T Finance Ltd.
↑Added
+238.7%
0.35%
Indian Bank
↓Reduced
−71.8%
0.09%
Solar Industries India Ltd.
↓Reduced
−54.5%
0.17%
Mphasis Ltd.
↑Added
+26.2%
0.34%
Nestle India Ltd.
↑Added
+14.2%
0.34%
Eternal Ltd.
↓Reduced
−27.6%
0.26%
Mankind Pharma Ltd.
↓Reduced
−48.1%
0.19%
KPIT Technologies Ltd.
↓Reduced
−26.8%
0.22%
Tech Mahindra Ltd.
↓Reduced
−12.7%
0.28%
Jindal Steel Ltd.
↓Reduced
−96.3%
0.01%
Bank of India
↓Reduced
−32.9%
0.20%
Tata Motors Passenger Vehicles Ltd.
↑Added
+11800.0%
0.30%
HDFC Life Insurance Company Ltd.
↑New
New
0.30%
UPL Ltd.
↑Added
+39.0%
0.30%
SBI Cards & Payment Services Ltd.
↑Added
+423.8%
0.28%
Rail Vikas Nigam Ltd.
↓Reduced
−95.1%
0.01%
Cipla Ltd.
↓Sold out
−100%
was 0.28%
Varun Beverages Ltd.
↓Reduced
−5.8%
0.28%
KEI Industries Ltd.
↑New
New
0.27%
DLF Ltd.
↓Reduced
−7.0%
0.26%
Bharat Electronics Ltd.
↓Sold out
−100%
was 0.27%
Kfin Technologies Ltd.
↓Sold out
−100%
was 0.26%
Dabur India Ltd.
↑Added
+5.3%
0.26%
Power Grid Corporation of India Ltd.
↓Reduced
−28.5%
0.20%
REC Ltd.
↓Sold out
−100%
was 0.26%
Crompton Greaves Consumer Electricals Ltd.
↑Added
+4.2%
0.25%
Union Bank of India
↑Added
+21.6%
0.25%
Adani Power Ltd.
↑Added
+4.5%
0.24%
Yes Bank Ltd.
↑Added
+106.8%
0.22%
Nippon Life India Asset Management Ltd.
↑Added
+81.5%
0.22%
Lodha Developers Ltd.
↑New
New
0.21%
Zydus Lifesciences Ltd.
↑Added
+10.9%
0.21%
NBCC (India) Ltd.
↓Reduced
−39.9%
0.12%
Godrej Consumer Products Ltd.
↓Reduced
−20.1%
0.15%
Tata Power Company Ltd.
↑Added
+480.9%
0.18%
Hindustan Aeronautics Ltd.
↑Added
+8.8%
0.17%
Mazagon Dock Shipbuilders Ltd.
↓Reduced
−14.5%
0.13%
Bharat Heavy Electricals Ltd.
↑Added
+450.0%
0.17%
Force Motors Ltd.
↓Reduced
−51.4%
0.08%
Petronet LNG Ltd.
↑New
New
0.17%
Sona Blw Precision Forgings Ltd.
↑Added
+212.5%
0.14%
Dr. Reddy's Laboratories Ltd.
↑New
New
0.14%
Colgate Palmolive (India) Ltd.
↑Added
+24.1%
0.14%
Prestige Estates Projects Ltd.
↓Sold out
−100%
was 0.14%
Kaynes Technology India Ltd.
↑Added
+93.8%
0.14%
ICICI Prudential Life Insurance Company Ltd.
↓Sold out
−100%
was 0.13%
Bajaj Holdings & Investment Ltd.
↑New
New
0.11%
Godfrey Phillips India Ltd.
↑New
New
0.11%
Bharat Dynamics Ltd.
↑New
New
0.11%
Wipro Ltd.
↑New
New
0.09%
LTM Ltd.
↓Sold out
−100%
was 0.08%
Jubilant Foodworks Ltd.
↑New
New
0.06%
Ujjivan Small Finance Bank Ltd.
↑New
New
0.06%
AnandRathi Wealth Ltd.
↑New
New
0.05%
Dixon Technologies (India) Ltd.
↑New
New
0.05%
Siemens Energy India Ltd.
↑New
New
0.04%
GMR Airports Ltd.
↑New
New
0.04%
Waaree Energies Ltd.
↓Sold out
−100%
was 0.03%
Hyundai Motor India Ltd.
↑New
New
0.02%
Britannia Industries Ltd.
↑New
New
0.01%
No stocks in this group for September 2026.
A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.
Mirae Asset Arbitrage Fund Overview
Fund facts from the scheme summary document, as on 16-10-2026
Expense ratio (Direct)
2.48%
Expense ratio (Regular)
3.25%
Category
Arbitrage
Risk
Low
Benchmark
Nifty 50 Arbitrage Index
Launch date
19-06-2020
Minimum investment
₹5,000
Minimum additional investment
₹1,000
AUM
₹3,571.04 Cr (30-09-2026)
Lock in
None
Scheme code (Direct)
148401
ISIN (Direct)
INF769K01FS1
Scheme code (Regular)
148400
ISIN (Regular)
INF769K01FP7
NAV history
From 22-06-2020, 6.4 years
Exit load
Exit Load : 0.25% If Redeemed or Switched Out within 15 days from the date of allotment. Nil after 15 Days.
Tax on Mirae Asset Arbitrage Fund returns
Mirae Asset Arbitrage Fund is taxed as an equity fund: 65% or more of it is in Indian stocks, counting its hedged positions.
Units sold within 1 year: the gain is taxed at 20%.
Units held longer: gains above ₹1.25 lakh in a financial year, across all your equity funds and shares, are taxed at 12.5%.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
All plans and options
Plan
Option
NAV
As on
direct
Growth
₹14.711
30-10-2026
direct
IDCW
₹14.69
30-10-2026
regular
Growth
₹14.032
30-10-2026
regular
IDCW
₹14.031
30-10-2026
About Mirae Asset Arbitrage Fund
Mirae Asset Arbitrage Fund is a mutual fund from Mirae Asset Mutual Fund. Its category is Arbitrage. It was launched on 19-06-2020. Its benchmark is Nifty 50 Arbitrage Index. At the end of September 2026 it held 196 securities.
Fund Manager
Jignesh Rao
Fund manager of Mirae Asset Arbitrage Fund, since 19-06-2020
Jigar Sethia
Fund manager of Mirae Asset Arbitrage Fund, since 19-06-2020
Pranavi Kulkarni
Fund manager of Mirae Asset Arbitrage Fund, since 14-08-2026
Frequently Asked Questions for Mirae Asset Arbitrage Fund
What is the current NAV of Mirae Asset Arbitrage Fund?
The Direct plan NAV is ₹14.711. The Regular plan NAV is ₹14.032, as on 30-10-2026.
What are the returns of Mirae Asset Arbitrage Fund?
The Direct plan returned +6.73% in 1 year, +7.35% a year over 3 years, +6.82% a year over 5 years. The Regular plan returned +5.89% in 1 year, +6.50% a year over 3 years, +6.01% a year over 5 years. These figures are as on 30-10-2026.
What is the expense ratio of Mirae Asset Arbitrage Fund?
The Direct plan charges 2.48% a year. The Regular plan charges 3.25% a year. This is the figure the fund house reported to AMFI, in force from 01-10-2026.
What is the AUM of Mirae Asset Arbitrage Fund?
Mirae Asset Arbitrage Fund managed ₹3,571.04 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
What are the top holdings of Mirae Asset Arbitrage Fund?
At the end of September 2026 the largest holdings were Mirae Asset Liquid Fund-Direct Plan-Growth (9.89%), Mirae Asset Money Market Fund-Direct Plan-Growth (4.94%), LT (1.78%), APLAPOLLO (0.92%), BSE (0.91%). The fund held 196 securities in all.
What did Mirae Asset Arbitrage Fund buy and sell in September 2026?
It bought 21 new stocks: Wipro Ltd, Dr. Reddy's Laboratories Ltd, Hyundai Motor India Ltd, Bajaj Holdings & Investment Ltd, GAIL (India) Ltd. It sold out of 12: REC Ltd, Cipla Ltd, Steel Authority of India Ltd, Kfin Technologies Ltd, LTM Ltd. It added shares in 62. It reduced 65.
How do I invest in Mirae Asset Arbitrage Fund?
Through Mirae Asset Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹5,000. You can invest once or through a monthly SIP.
Who is the fund manager of Mirae Asset Arbitrage Fund?
Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.
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.
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