JM Arbitrage Fund Growth-0.03%

2.89%
1 Year Return
Hybrid
Arbitrage
1.0star
6M
1Y
3Y
5Y
All

Fund Details

JM Arbitrage Fund Growth

RiskModerately Low
Min SIP Amount₹500
Expense Ratio0.96%
NAV25.79 (22 Oct 2020)
Fund Started18 Jul 2006
Fund Size107 Cr

Returns

1Y
3Y*
5Y*
Since inception*
JM Arbitrage Fund Growth
2.9%
4.6%
5.2%
6.9%
Category Average
4.0%
5.3%
5.7%
-
Rank within category
22
16
15
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 2.9% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 5 years
    2. Risk is lower compared to the benchmark
    3. Lower expense ratio
    4. Age is more than 5 years
    5. Lower expense ratio - 0.95778971%
    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. 5Y Returns are lower than the benchmark
    4. Asset under management(AUM) is less than 200 Crs. Watch expense ratio when AUM is very low
    5. Risk-adjusted returns are lower compared to the category
    6. 1Y Returns are lower than the category average returns
    7. 3Y Returns are lower than the category average returns
    8. 5Y Returns are lower than the category average returns

    Top Holdings

    NameSectorInstrument% Assets
    Reserve Bank of IndiaFinancialT-Bills13.9%
    Reliance Industries Ltd.EnergyEquity10.4%
    Bharti Airtel Ltd.CommunicationEquity7.0%
    Vedanta Ltd.MetalsEquity6.5%
    HDFC Bank Ltd.FinancialFixed Deposits5.5%
    Adani Ports and Special Economic Zone Ltd.ServicesEquity5.1%
    Tata Consumer Products Ltd.FMCGEquity4.8%
    HDFC Life Insurance Co Ltd.FinancialEquity4.5%
    Sun TV Network Ltd.ServicesEquity4.2%
    Adani Enterprises Ltd.ServicesEquity3.8%
    See All

    Fund Managers

    addSanjay Kumar Chhabaria
    Education
    He is a PGDBA and CFA.
    Experience
    Prior to joining JM Financials he has worked with Lotus India AMC, SBI Funds Management, Religare Invesco AMC, SMIFS Securities and IDBI Capital Markets.
    Funds Managed
    addAsit Bhandarkar
    Education
    Mr. Bhandarkar is a B.Com (H) and MMS.
    Experience
    Prior to joining JM Financial he has worked with Lotus India AMC Pvt. Ltd. and SBI Funds Management Pvt. Ltd.
    Funds Managed
    addChaitanya Choksi
    Education
    Mr. Choksi is a MMS (Finance) and CFA.
    Experience
    Prior to joining JM Financials in 2008 he has worked with Lotus AMC, Chanrai Finance Pvt. Ltd, IL&FS Investmart and UTI Investment Advisory Services Ltd.
    Funds Managed

    JM Arbitrage Fund Growth Details

    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 ₹107 Cr and the Latest NAV as of 22 Oct 2020 is ₹25.79.

    The JM Arbitrage Fund 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

    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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