Home>Mutual Funds>JM Financial Mutual Fund>JM Arbitrage Fund Direct Growth
shareSHARE

JM Arbitrage Fund Direct Growth0.00%

2.79%
1 Year Return
Hybrid
Arbitrage
1.0star
6M
1Y
3Y
5Y
All

Fund Details

JM Arbitrage Fund Direct Growth

RiskLow
Min SIP Amount₹500
Expense Ratio0.00%
NAV₹27.28 (23 Jun 2021)
Fund Started01 Jan 2013
Fund Size54 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
2.8%
4.5%
5.1%
6.6%
Category Average
3.3%
4.9%
5.5%
-
Rank Within Category
23
18
15
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 2.8% returns per annum

Comparison

Data not available
Pros
1. Age is more than 5 years
2. Lower expense ratio - 0.75%
Cons
1. Asset under management(AUM) is less than 200 Crs. Watch expense ratio when AUM is very low
2. 1Y Returns are lower than the category average returns
3. 3Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
Reserve Bank of IndiaFinancialT-Bills9.2%
Bharti Airtel Ltd.CommunicationEquity8.8%
Adani Ports and Special Economic Zone Ltd.ServicesEquity7.5%
NMDC Ltd.MetalsEquity6.8%
Tata Steel Ltd.MetalsEquity6.7%
Housing Development Finance Corpn. Ltd.FinancialEquity6.4%
Reliance Industries Ltd.EnergyEquity5.2%
Reserve Bank of IndiaFinancialT-Bills4.6%
Larsen & Toubro Ltd.ConstructionEquity4.4%
Sun TV Network Ltd.ServicesEquity3.9%
See All

Fund Managers

Sanjay Kumar Chhabaria
keyboard_arrow_down
Chaitanya Choksi
keyboard_arrow_down

JM Arbitrage Fund Direct Growth Details

JM Arbitrage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by JM Financial Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Sanjay Kumar Chhabaria, Asit Bhandarkar, Chaitanya Choksi is the Current Fund Manager of JM Arbitrage Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹54 Cr and the Latest NAV as of 23 Jun 2021 is ₹27.28.

The JM Arbitrage Fund Direct Growth is rated Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. 0.50% for redemption within 30 days

Investment Objective

The scheme aims to generate income through arbitrage opportunities emerging out of mis-pricing between the cash market and the derivatives market and through deployment of surplus cash in fixed income instruments.

Tax Implications

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.

Scheme Information Document(SID)

₹5000
Min for First Investment
₹1000
Min for Second Investment
0.50% for redemption within 30 days
Exit Load

Compare Funds

JM Arbitrage Fund Direct Growth
VS
search

About JM Financial Mutual Fund

Address
Office B, 8th Floor, Cnergy, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025. Mumbai 400 051
Phone
022-61987777
Launch Date
15 Sep 1994
Website
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,
Loading...
ⓒ 2016-2021 Groww. All rights reserved, Built with in India