1M
6M
1Y
3Y
5Y
All
| NAV: 14 Jan 2022 | ₹27.75 |
| Min. SIP amount | ₹500 |
| Rating | 1 |
| Fund size | ₹49.82Cr |
Returns and rankings
Category: Hybrid Arbitrage
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 3.3% | 3.9% | 4.7% | 6.3% |
| Category average | 3.3% | 4.7% | 5.2% | NA |
| Rank with in category | 22 | 19 | 16 | NA |
Understand terms
Holdings (21)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Reserve Bank of India | Financial | T-Bills | 10.0% |
Reserve Bank of India | Financial | T-Bills | 9.9% |
Adani Ports and Special Economic Zone Ltd. | Services | Equity | 9.7% |
Adani Enterprises Ltd. | Services | Equity | 8.6% |
Tata Consultancy Services Ltd. | Technology | Equity | 8.2% |
ITC Ltd. | FMCG | Equity | 5.8% |
HCL Technologies Ltd. | Technology | Equity | 4.8% |
HDFC Bank Ltd. | Financial | Fixed Deposits | 4.0% |
Indusind Bank Ltd. | Financial | Equity | 4.0% |
Eicher Motors Ltd. | Automobile | Equity | 3.3% |
See All
Pros and cons
Category: Hybrid Arbitrage
Pros
Lower expense ratio: 0.72%
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
Cons
Lower AUM: 50Cr.
Funds with lower AUM tend to have higher expense ratio
Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y
Low rating: 1
Expense ratio, exit load and tax
Expense ratio: 0.72%
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 investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹500 |
Fund management
Sanjay Kumar Chhabaria
Jul 2014 - Present
View details
Asit Bhandarkar
Jul 2014 - Present
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Chaitanya Choksi
Jan 2013 - Present
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Fund house & investment objective
Fund house contact details
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FAQs
How to Invest in JM Arbitrage Fund Direct Growth
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