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JM Arbitrage Fund IDCW Monthly+0.06%

2.09%
1 Year Return
Hybrid
Arbitrage
1.0star
6M
1Y
3Y
5Y
All

Fund Details

JM Arbitrage Fund IDCW Monthly

RiskLow
Min SIP AmountNot Supported
Expense Ratio1.04%
NAV₹10.30 (15 Jun 2021)
Fund Started27 Jul 2015
Fund Size54 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
2.1%
4.0%
4.7%
6.6%
Category Average
3.3%
4.9%
5.5%
-
Rank Within Category
22
17
15
-
*All returns are annualized.
SIP
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 2.1% returns per annum

Comparison

Data not available
Pros
1. Age is more than 5 years
Cons
1. Asset under management(AUM) is less than 200 Crs. Watch expense ratio when AUM is very low
2. 1Y Returns are lower than the category average returns
3. 3Y Returns are lower than the category average returns
4. 5Y Returns are lower than the category average returns
5. 10Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
Tata Steel Ltd.MetalsEquity10.1%
Bharti Airtel Ltd.CommunicationEquity9.8%
Reserve Bank of IndiaFinancialT-Bills9.2%
Housing Development Finance Corpn. Ltd.FinancialEquity8.5%
Adani Ports and Special Economic Zone Ltd.ServicesEquity8.0%
Larsen & Toubro Ltd.ConstructionEquity6.4%
NMDC Ltd.MetalsEquity5.8%
HDFC Bank Ltd.FinancialFixed Deposits3.7%
Axis Bank Ltd.FinancialEquity3.7%
Maruti Suzuki India Ltd.AutomobileEquity3.2%
See All

Fund Managers

Sanjay Kumar Chhabaria
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Chaitanya Choksi
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JM Arbitrage Fund IDCW Monthly Details

JM Arbitrage Fund IDCW Monthly is a Hybrid Mutual Fund Scheme launched by JM Financial Mutual Fund. This scheme was made available to investors on 27 Jul 2015. Sanjay Kumar Chhabaria, Asit Bhandarkar, Chaitanya Choksi is the Current Fund Manager of JM Arbitrage Fund IDCW Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹54 Cr and the Latest NAV as of 15 Jun 2021 is ₹10.30.

The JM Arbitrage Fund IDCW Monthly is rated 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.

Scheme Information Document(SID)

Not Supported
Min for First Investment
Not Supported
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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