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JM Arbitrage Fund Direct Growth-0.01%

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 Ratio0.75%
NAV₹26.90 (22 Jan 2021)
Fund Started01 Jan 2013
Fund Size106 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
2.8%
4.7%
5.4%
6.7%
Category Average
3.5%
5.0%
5.6%
-
Rank Within Category
22
16
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. Risk-adjusted returns are lower compared to the category
3. 1Y Returns are lower than the category average returns
4. 3Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
Reliance Industries Ltd.EnergyEquity8.0%
Housing Development Finance Corpn. Ltd.FinancialEquity7.7%
HCL Technologies Ltd.TechnologyEquity6.8%
Bajaj Finserv Ltd.FinancialEquity6.7%
Axis Bank Ltd.FinancialEquity5.4%
Bharti Airtel Ltd.CommunicationEquity4.3%
HDFC Life Insurance Co Ltd.FinancialEquity3.2%
Sun TV Network Ltd.ServicesEquity3.1%
Tata Steel Ltd.MetalsEquity3.0%
Adani Enterprises Ltd.ServicesEquity3.0%
See All

Fund Managers

Sanjay Kumar Chhabaria
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Asit Bhandarkar
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Chaitanya Choksi
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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 ₹106 Cr and the Latest NAV as of 22 Jan 2021 is ₹26.90.

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

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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,
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