| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.75% |
| NAV | ₹26.56 (03 Jul 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹138 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Hindustan Unilever Ltd. | FMCG | Equity | 6.0% |
| Adani Ports and Special Economic Zone Ltd. | Services | Equity | 5.8% |
| Larsen & Toubro Ltd. | Construction | Equity | 5.5% |
| Bharti Airtel Ltd. | Communication | Equity | 5.0% |
| Tata Consultancy Services Ltd. | Technology | Equity | 4.5% |
| HDFC Bank Ltd. | Financial | Term Deposits | 4.3% |
| Vedanta Ltd. | Metals | Equity | 3.5% |
| Axis Bank Ltd. | Financial | Equity | 3.3% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 3.1% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 3.0% |
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 ₹138 Cr and the Latest NAV as of 03 Jul 2020 is ₹26.56.
The JM Arbitrage Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. 0.50% for redemption within 30 days
The primary investment objective of the scheme is 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.
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.