Fund Details
JM Arbitrage Fund Half Yearly Bonus
| Risk | Moderately Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.96% |
| NAV | ₹26.13 (02 Dec 2020) |
|---|---|
| Fund Started | 24 Dec 2014 |
| Fund Size | ₹108 Cr |
Returns
as per Historical Returns
Comparison
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%
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
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 16.2% |
| Reliance Industries Ltd. | Energy | Equity | 9.6% |
| Bharti Airtel Ltd. | Communication | Equity | 7.2% |
| HDFC Bank Ltd. | Financial | Fixed Deposits | 5.6% |
| HCL Technologies Ltd. | Technology | Equity | 5.3% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 5.2% |
| HDFC Life Insurance Co Ltd. | Financial | Equity | 4.7% |
| Tata Consumer Products Ltd. | FMCG | Equity | 4.7% |
| Adani Ports and Special Economic Zone Ltd. | Services | Equity | 4.5% |
| Adani Enterprises Ltd. | Services | Equity | 4.3% |
Fund Managers
JM Arbitrage Fund Half Yearly Bonus Details
JM Arbitrage Fund Half Yearly Bonus is a Hybrid Mutual Fund Scheme launched by JM Financial Mutual Fund. This scheme was made available to investors on 24 Dec 2014. Sanjay Kumar Chhabaria, Asit Bhandarkar, Chaitanya Choksi is the Current Fund Manager of JM Arbitrage Fund Half Yearly Bonus fund.The fund currently has an Asset Under Management(AUM) of ₹108 Cr and the Latest NAV as of 02 Dec 2020 is ₹26.13.
The JM Arbitrage Fund Half Yearly Bonus is rated Moderately Low risk. Minimum SIP Investment is set to 500. 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.
