|Min SIP Amount||₹500|
|NAV||₹26.34 (23 Jul 2021)|
|Fund Started||18 Jul 2006|
|Fund Size||₹50 Cr|
|Reserve Bank of India||Financial||T-Bills||9.9%|
|Tata Steel Ltd.||Metals||Equity||9.9%|
|Reliance Industries Ltd.||Energy||Equity||8.1%|
|Adani Ports and Special Economic Zone Ltd.||Services||Equity||8.0%|
|Reserve Bank of India||Financial||T-Bills||5.0%|
|HDFC Bank Ltd.||Financial||Fixed Deposits||4.0%|
|Sun TV Network Ltd.||Services||Equity||3.9%|
|Hindustan Unilever Ltd.||FMCG||Equity||3.8%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||3.1%|
JM Arbitrage Fund Growth is a Hybrid Mutual Fund Scheme launched by JM Financial Mutual Fund. This scheme was made available to investors on 18 Jul 2006. Sanjay Kumar Chhabaria, Asit Bhandarkar, Chaitanya Choksi is the Current Fund Manager of JM Arbitrage Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹50 Cr and the Latest NAV as of 23 Jul 2021 is ₹26.34.
The JM Arbitrage Fund Growth is rated Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. 0.50% for redemption within 30 days
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.
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.