• 1 Year Returns: 6.14%
• 3 Year Returns: 6.99%
• 5 Year Returns: 5.61%

• Others | 15.65%
• Specialized Finance | 6.44%
• Miscellaneous | 6.23%
• IT Services & Consulting | 6.11%
• Pharmaceuticals | 5.44%

• Mirae Asset Liquid Fund-Direct Plan-Growth | 7.52%
• TREPS | 6.23%
• Mirae Asset Money Market Fund-Direct Plan-Growth | 4.40%
• UPL Ltd | 1.80%
• Bharti Airtel Ltd | 1.34%

• Equity | 81.15%
• Mutual Funds | 11.92%
• Cash & Equivalents | 6.28%
• Corporate Debt | 0.65%

The alpha ratio for the Mirae Asset Arbitrage Fund-Reg(IDCW) is -0.04

Alpha is the excess return of a fund compared to its expected return, based on its beta and the risk-free rate. Positive alpha indicates that the fund has outperformed its expected return, while negative alpha suggests underperformance.

The volatility or standard deviation for the Mirae Asset Arbitrage Fund-Reg(IDCW) is 0.93

Standard deviation measures the volatility or risk associated with the returns of a mutual fund. A higher standard deviation indicates higher volatility, suggesting that the returns of the mutual fund are more spread out from the average. On the other hand, a lower standard deviation implies lower volatility and a more stable performance.

The Sharpe ratio for the Mirae Asset Arbitrage Fund-Reg(IDCW) is 2.07

The Sharpe ratio is a measure of risk-adjusted return that evaluates the performance of a mutual fund, by adjusting for its risk. Higher Sharpe ratio indicates a better risk-adjusted performance. A positive Sharpe ratio indicates that the MF has provided a return in excess of the risk-free rate for the amount of risk taken. Conversely, a negative Sharpe ratio suggests that the MF did not adequately compensate for the risk.

The Sortino Ratio for the Mirae Asset Arbitrage Fund-Reg(IDCW) is 0.26

The Sortino ratio of a mutual fund is a measure of its risk-adjusted return, considering only downside volatility. It helps investors evaluate how well a fund is performing relative to its downside risk. A higher Sortino ratio (value >1) means the fund generates better returns for the downside risk taken.