JM Arbitrage Fund Direct Annual Bonus

Hybrid
Arbitrage
Low Risk
Payout
5.85%
3Y annualised
+0.09% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 17 May 2024₹16.52
Min. SIP amountNot Supported
Rating2
Fund size₹139.73Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Hybrid Arbitrage
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns8.0%5.8%5.0%6.3%
Category average7.5%5.4%5.0%NA
Rank with in category192020NA
Understand terms

Holdings (61)

NameSectorInstrumentAssets
JM Liquid Fund Direct-Growth
NAMutual Fund8.03%
ServicesEquity6.12%
FinancialEquity4.43%
Metals & MiningEquity4.19%
EnergyEquity3.88%
ConstructionEquity3.78%
Reserve Bank of India
FinancialT-Bills3.54%
CommunicationEquity3.33%
ServicesEquity3.00%
HealthcareEquity2.91%
See All

Pros and cons

Category: Hybrid Arbitrage

Pros

Cons

Consistently higher annualised returns than category average for the past 1Y and 3Y
5Y annualised returns lower than category average by 0.08%
Lower expense ratio: 0.36%
Low rating: 2
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
Higher alpha: 2.2 The fund has generated returns higher than benchmark - NIFTY 50 Arbitrage Total Return Index - in the last 3Y

Expense ratio, exit load and tax

Expense ratio: 0.36%

Inclusive of GST

Exit load

0.50% for redemption within 30 days

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported

Fund management

Asit Bhandarkar
Jul 2014 - Present
View details

Education
Mr. Bhandarkar is a B.Com (H) and MMS.
Experience
Prior to joining JM Financial he has worked with Lotus India AMC Pvt. Ltd. and SBI Funds Management Pvt. Ltd.
Also manages these schemes

Chaitanya Choksi
Jan 2013 - Present
View details

Education
Mr. Choksi is a MMS (Finance) and CFA.
Experience
Prior to joining JM Financials he has worked with Lotus AMC, Chanrai Finance Pvt. Ltd, IL&FS Investmart and UTI Investment Advisory Services Ltd.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
Office B-8th Floor-Cnergy,Appasaheb Marathe Marg,Prabhadevi, Mumbai 400025
Phone
022-33797777 / 1800-103-8345
Launch Date
15 Sep 1994
E-mail
NA
JM Financial Mutual Fund
Asset Management Company
Custodian
HDFC Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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