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JM Arbitrage Fund Direct Growth

JM Arbitrage Fund Direct Growth

AlternativeArbitrage FundLow Risk

Direct

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NAV (21-Nov-24)

₹33.410.03%1D

Returns (Since Inception)

6.41%
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Fund Overview

Fund Size

Fund Size

₹184 Cr

Expense Ratio

Expense Ratio

0.40%

ISIN

ISIN

INF192K01BN6

Minimum SIP

Minimum SIP

₹100

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

01 Jan 2013

About this fund

JM Arbitrage Fund Direct Growth is a Arbitrage Fund mutual fund schemes offered by JM Financial Mutual Fund. This fund has been in existence for 11 years, 10 months and 21 days, having been launched on 01-Jan-13.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹33.41, Assets Under Management (AUM) of 184.36 Crores, and an expense ratio of 0.4%.
  • JM Arbitrage Fund Direct Growth has given a CAGR return of 6.41% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 1.06% in debts, and 98.93% in cash & cash equivalents.
  • You can start investing in JM Arbitrage Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹1000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+8.04%

+7.51% (Cat Avg.)

3 Years

+6.52%

+6.13% (Cat Avg.)

5 Years

+5.14%

+5.24% (Cat Avg.)

10 Years

+5.85%

+5.91% (Cat Avg.)

Since Inception

+6.41%

— (Cat Avg.)

Portfolio Summaryas of 31st October 2024

Debt₹1.95 Cr1.06%
Others₹182.41 Cr98.94%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Cash Offset For DerivativesCash - General Offset₹137.68 Cr74.68%
JM Liquid Dir GrMutual Fund - Open End₹13.17 Cr7.14%
Treps-Triparty RepoCash - Repurchase Agreement₹13 Cr7.05%
Indus Towers Ltd.Equity - Future₹-6.14 Cr3.33%
Indus Towers Ltd Ordinary SharesEquity₹6.14 Cr3.33%
Future on Bharat Electronics LtdEquity - Future₹-5.85 Cr3.17%
Bharat Electronics LtdEquity₹5.85 Cr3.17%
Future on Indian Energy Exchange LtdEquity - Future₹-5.8 Cr3.15%
Indian Energy Exchange LtdEquity₹5.8 Cr3.15%
Future on Tata Power Co LtdEquity - Future₹-5.58 Cr3.03%
Tata Power Co LtdEquity₹5.58 Cr3.03%
Future on NTPC LtdEquity - Future₹-5.39 Cr2.92%
NTPC LtdEquity₹5.39 Cr2.92%
Future on Bajaj Finance LtdEquity - Future₹-5.34 Cr2.90%
Bajaj Finance LtdEquity₹5.34 Cr2.90%
Future on Reliance Industries LtdEquity - Future₹-5.26 Cr2.85%
Reliance Industries LtdEquity₹5.26 Cr2.85%
Future on Biocon LtdEquity - Future₹-4.98 Cr2.70%
Biocon LtdEquity₹4.98 Cr2.70%
364 DTB 12122024Bond - Gov't/Treasury₹4.96 Cr2.69%
Future on Bank of BarodaEquity - Future₹-4.92 Cr2.67%
Bank of BarodaEquity₹4.92 Cr2.67%
Future on DLF LtdEquity - Future₹-4.13 Cr2.24%
DLF LtdEquity₹4.13 Cr2.24%
Future on IndusInd Bank LtdEquity - Future₹-4.12 Cr2.23%
IndusInd Bank LtdEquity₹4.12 Cr2.23%
Future on Titan Co LtdEquity - Future₹-4.06 Cr2.20%
Titan Co LtdEquity₹4.06 Cr2.20%
Future on Indian Oil Corp LtdEquity - Future₹-4.03 Cr2.19%
Indian Oil Corp LtdEquity₹4.03 Cr2.19%
Future on Tata Consultancy Services LtdEquity - Future₹-3.89 Cr2.11%
Tata Consultancy Services LtdEquity₹3.89 Cr2.11%
Future on Bandhan Bank LtdEquity - Future₹-3.78 Cr2.05%
Bandhan Bank LtdEquity₹3.78 Cr2.05%
Future on Apollo Hospitals Enterprise LtdEquity - Future₹-3.69 Cr2.00%
Apollo Hospitals Enterprise LtdEquity₹3.69 Cr2.00%
Future on Adani Enterprises LtdEquity - Future₹-3.45 Cr1.87%
Adani Enterprises LtdEquity₹3.45 Cr1.87%
Future on ITC LtdEquity - Future₹-3.44 Cr1.87%
ITC LtdEquity₹3.44 Cr1.87%
Future on State Bank of IndiaEquity - Future₹-3.2 Cr1.74%
State Bank of IndiaEquity₹3.2 Cr1.74%
Future on Canara BankEquity - Future₹-3.12 Cr1.69%
Canara BankEquity₹3.12 Cr1.69%
91 DTB 07112024Bond - Gov't/Treasury₹3 Cr1.63%
91 DTB 09012025Bond - Gov't/Treasury₹2.96 Cr1.61%
India (Republic of)Bond - Short-term Government Bills₹2.96 Cr1.60%
364 Day T-Bill 30.01.25Bond - Gov't/Treasury₹2.95 Cr1.60%
Future on Cipla LtdEquity - Future₹-2.92 Cr1.59%
Cipla LtdEquity₹2.93 Cr1.59%
Future on Tata Steel Ltd.Equity - Future₹-2.78 Cr1.51%
Tata Steel LtdEquity₹2.78 Cr1.51%
Future on HDFC Life Insurance Co LtdEquity - Future₹-2.61 Cr1.42%
HDFC Life Insurance Co LtdEquity₹2.61 Cr1.42%
Future on Hindustan Aeronautics Ltd Ordinary SharesEquity - Future₹-2.55 Cr1.38%
Hindustan Aeronautics Ltd Ordinary SharesEquity₹2.55 Cr1.38%
Future on Tata Motors LtdEquity - Future₹-2.43 Cr1.32%
Tata Motors LtdEquity₹2.43 Cr1.32%
Net Current AssetsCash₹-2.36 Cr1.28%
Future on Petronet LNG LtdEquity - Future₹-2.3 Cr1.25%
Petronet LNG LtdEquity₹2.3 Cr1.25%
Future on GAIL (India) LtdEquity - Future₹-2.2 Cr1.19%
GAIL (India) LtdEquity₹2.2 Cr1.19%
Future on Axis Bank LtdEquity - Future₹-2.17 Cr1.18%
Axis Bank LtdEquity₹2.17 Cr1.18%
364 DTB 14112024Bond - Gov't/Treasury₹2.1 Cr1.14%
182 DTB 18112024Bond - Gov't/Treasury₹1.99 Cr1.08%
Future on Larsen & Toubro LtdEquity - Future₹-1.96 Cr1.06%
Larsen & Toubro LtdEquity₹1.96 Cr1.06%
364 DTBBond - Gov't/Treasury₹1.95 Cr1.06%
Future on Kotak Mahindra Bank LtdEquity - Future₹-1.94 Cr1.05%
Kotak Mahindra Bank LtdEquity₹1.94 Cr1.05%
Future on Bajaj Finserv LtdEquity - Future₹-1.93 Cr1.04%
Bajaj Finserv LtdEquity₹1.93 Cr1.04%
Future on LIC Housing Finance LtdEquity - Future₹-1.77 Cr0.96%
LIC Housing Finance LtdEquity₹1.77 Cr0.96%
Future on GMR Airports LtdEquity - Future₹-1.52 Cr0.82%
GMR Airports LtdEquity₹1.52 Cr0.82%
Future on Punjab National BankEquity - Future₹-1.49 Cr0.81%
Punjab National BankEquity₹1.49 Cr0.81%
Future on HDFC Asset Management Co LtdEquity - Future₹-1.29 Cr0.70%
HDFC Asset Management Co LtdEquity₹1.29 Cr0.70%
Future on Laurus Labs LtdEquity - Future₹-1.25 Cr0.68%
Laurus Labs LtdEquity₹1.25 Cr0.68%
The Indian Hotels Company Ltd.Equity - Future₹-1.15 Cr0.62%
Indian Hotels Co LtdEquity₹1.15 Cr0.62%
Future on Bharti Airtel LtdEquity - Future₹-1.15 Cr0.62%
Bharti Airtel LtdEquity₹1.15 Cr0.62%
Future on TVS Motor Co LtdEquity - Future₹-1.05 Cr0.57%
TVS Motor Co LtdEquity₹1.05 Cr0.57%
Future on Mahindra & Mahindra LtdEquity - Future₹-0.86 Cr0.47%
Mahindra & Mahindra LtdEquity₹0.86 Cr0.47%
Future on Eicher Motors LtdEquity - Future₹-0.86 Cr0.46%
Eicher Motors LtdEquity₹0.86 Cr0.46%
Future on Oberoi Realty LtdEquity - Future₹-0.83 Cr0.45%
Oberoi Realty LtdEquity₹0.83 Cr0.45%
Dr. Reddy's Laboratories Ltd.Equity - Future₹-0.8 Cr0.43%
Dr Reddy's Laboratories LtdEquity₹0.8 Cr0.43%
Future on Marico LtdEquity - Future₹-0.77 Cr0.42%
Marico LtdEquity₹0.77 Cr0.42%
Future on Glenmark Pharmaceuticals LtdEquity - Future₹-0.74 Cr0.40%
Glenmark Pharmaceuticals LtdEquity₹0.74 Cr0.40%
Future on Gujarat Narmada Valley Fertilizers & Chemicals LtdEquity - Future₹-0.73 Cr0.40%
Gujarat Narmada Valley Fertilizers & Chemicals LtdEquity₹0.73 Cr0.40%
Future on Aditya Birla Fashion and Retail LtdEquity - Future₹-0.72 Cr0.39%
Aditya Birla Fashion and Retail LtdEquity₹0.72 Cr0.39%
Future on Hero MotoCorp LtdEquity - Future₹-0.67 Cr0.37%
Hero MotoCorp LtdEquity₹0.67 Cr0.37%
Future on Multi Commodity Exchange of India LtdEquity - Future₹-0.52 Cr0.28%
Multi Commodity Exchange of India LtdEquity₹0.52 Cr0.28%
Future on Aarti Industries LtdEquity - Future₹-0.51 Cr0.28%
Aarti Industries LtdEquity₹0.51 Cr0.28%
Future on Bharat Heavy Electricals LtdEquity - Future₹-0.5 Cr0.27%
Bharat Heavy Electricals LtdEquity₹0.5 Cr0.27%
Future on Crompton Greaves Consumer Electricals LtdEquity - Future₹-0.49 Cr0.27%
Crompton Greaves Consumer Electricals LtdEquity₹0.49 Cr0.27%
Future on Infosys LtdEquity - Future₹-0.49 Cr0.27%
Infosys LtdEquity₹0.49 Cr0.27%
Future on JSW Steel LtdEquity - Future₹-0.26 Cr0.14%
JSW Steel LtdEquity₹0.26 Cr0.14%
Future on Hindustan Petroleum Corp LtdEquity - Future₹-0.23 Cr0.13%
Hindustan Petroleum Corp LtdEquity₹0.23 Cr0.13%
Future on Britannia Industries LtdEquity - Future₹-0.23 Cr0.12%
Britannia Industries LtdEquity₹0.23 Cr0.12%
Future on Jindal Steel & Power LtdEquity - Future₹-0.17 Cr0.09%
Jindal Steel & Power LtdEquity₹0.17 Cr0.09%
Future on Pidilite Industries LtdEquity - Future₹-0.16 Cr0.09%
Pidilite Industries LtdEquity₹0.16 Cr0.09%
Future on UPL LtdEquity - Future₹-0.14 Cr0.08%
UPL LtdEquity₹0.14 Cr0.08%
Future on Abbott India LtdEquity - Future₹-0.12 Cr0.06%
Abbott India LtdEquity₹0.12 Cr0.06%
Future on ICICI Prudential Life Insurance Co LtdEquity - Future₹-0.11 Cr0.06%
ICICI Prudential Life Insurance Co LtdEquity₹0.11 Cr0.06%
Future on NMDC LtdEquity - Future₹-0.1 Cr0.05%
NMDC LtdEquity₹0.1 Cr0.05%
Future on Havells India LtdEquity - Future₹-0.08 Cr0.04%
Havells India LtdEquity₹0.08 Cr0.04%

Allocation By Market Cap (Equity)

Large Cap Stocks

52.62%

Mid Cap Stocks

16.25%

Small Cap Stocks

6.26%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services₹44.1 Cr23.92%
Energy₹15.27 Cr8.28%
Healthcare₹14.49 Cr7.86%
Utilities₹13.17 Cr7.14%
Industrials₹12.45 Cr6.75%
Consumer Cyclical₹12.29 Cr6.67%
Communication Services₹7.29 Cr3.95%
Real Estate₹4.95 Cr2.69%
Basic Materials₹4.85 Cr2.63%
Consumer Defensive₹4.44 Cr2.41%
Technology₹4.38 Cr2.38%

Risk & Performance Ratios

Standard Deviation

This fund

0.64%

Cat. avg.

0.74%

Lower the better

Sharpe Ratio

This fund

0.54

Cat. avg.

-0.04

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

0.22

Higher the better

Fund Managers

SR

Satish Ramanathan

Since October 2024

AB

Asit Bhandarkar

Since July 2014

CC

Chaitanya Choksi

Since February 2011

RF

Ruchi Fozdar

Since October 2024

Additional Scheme Detailsas of 31st October 2024

ISIN
INF192K01BN6
Expense Ratio
0.40%
Exit Load
No Charges
Fund Size
₹184 Cr
Age
11 years 10 months
Lumpsum Minimum
₹1,000
Fund Status
Open Ended Investment Company
Benchmark
NIFTY 50 Arbitrage TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Arbitrage Fund Funds

Fund nameExpense RatioExit LoadFund size
1Y
Sundaram Arbitrage Fund Regular Growth

Low Risk

1.0%0.0%₹221.65 Cr7.3%
Sundaram Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹221.65 Cr7.9%
Bank of India Arbitrage Fund Direct Growth

Low Risk

0.2%0.0%₹40.76 Cr7.8%
Bank of India Arbitrage Fund Regular Growth

Low Risk

0.9%0.0%₹40.76 Cr7.1%
Mirae Asset Arbitrage Fund Direct Growth

Low Risk

0.1%0.0%₹2839.16 Cr8.5%
Mirae Asset Arbitrage Fund Regular Growth

Low Risk

0.9%0.0%₹2839.16 Cr7.6%
Tata Arbitrage Fund Regular Growth

Low Risk

1.1%0.0%₹12432.45 Cr7.6%
Tata Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹12432.45 Cr8.5%
Mahindra Manulife Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹108.62 Cr7.1%
Mahindra Manulife Arbitrage Fund Regular Growth

Low Risk

1.2%0.0%₹108.62 Cr6.3%

About the AMC

JM Financial Mutual Fund

JM Financial Mutual Fund

phone+91 22 61987777
e-mailhttps://www.jmfinancialmf.com/

Total AUM

₹13,183 Cr

Address

502, 5th Floor, A - Wing, Mumbai, 400 051

Other Funds by JM Financial Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
JM Fixed Maturity Fund Series 28 Plan B Direct Growth

Moderate Risk

-0.0%--
JM Fixed Maturity Fund Series 28 Plan A Direct Growth

Moderate Risk

-0.0%--
JM Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹184.36 Cr8.0%
JM Equity Hybrid Fund Direct Growth

Very High Risk

0.6%1.0%₹678.92 Cr34.8%
JM Focused Fund Direct Growth

Very High Risk

0.8%1.0%₹196.38 Cr30.5%
JM Value Fund Direct Growth

Very High Risk

0.9%1.0%₹1454.96 Cr33.9%
JM Low Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹232.88 Cr7.8%
JM Large Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹456.66 Cr29.7%
JM Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹3240.07 Cr7.4%
JM Dynamic Bond Fund Direct Growth

Moderate Risk

0.5%0.0%₹45.99 Cr8.5%
JM Medium to Long Duration Fund Direct Growth

Moderate Risk

0.6%0.0%₹28.56 Cr8.8%
JM Flexicap Fund Direct Growth

Very High Risk

0.5%1.0%₹4721.61 Cr41.9%
JM Tax Gain Fund Direct Growth

Very High Risk

1.3%0.0%₹180.91 Cr35.6%
JM Midcap Fund Direct Growth

Very High Risk

0.3%1.0%₹1691.09 Cr40.1%
JM Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹200.81 Cr6.8%
JM Short Duration Fund Direct Growth

Moderate Risk

0.4%0.0%₹125.65 Cr8.1%

Risk Level

Your principal amount will be at Low Risk

Low Risk
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The NAV of JM Arbitrage Fund Direct Growth, as of 21-Nov-2024, is ₹33.41.
The fund has generated 8.04% over the last 1 year and 6.52% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 0.00% in equities, 1.06% in bonds, and 98.93% in cash and cash equivalents.
The fund managers responsible for JM Arbitrage Fund Direct Growth are:-
  1. Satish Ramanathan
  2. Asit Bhandarkar
  3. Chaitanya Choksi
  4. Ruchi Fozdar
info
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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