Stocks
Invest in Stocks
Invest in stocks, ETFs, IPOs with fast orders. Track returns on your stock holdings and view real-time P&L on your positions.
F&O
Mutual Funds
Invest in Mutual Funds
Invest in direct mutual funds at zero charges via lump sump investments or SIPs
NJ Arbitrage Fund Direct Growth
+7.14%
3Y annualised
+0.02% 1D
NAV: 05 Mar '26
₹12.74
Min. for SIP
₹100
Fund size
₹270.13 Cr
Expense ratio
0.26%
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 3 months | ₹15,000 | ₹15,091 | +0.61% | |
| 6 months | ₹30,000 | ₹30,414 | +1.38% | |
| 1 year | ₹60,000 | ₹61,754 | +2.92% | |
| 3 years | ₹1,80,000 | ₹1,98,775 | +10.43% |
Holdings (118)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 8.80% |
| Reliance Industries Ltd. | Energy | Equity | 7.62% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 7.46% |
| Bajaj Finance Ltd. | Financial | Equity | 6.25% |
| Bank Of Baroda | Financial | Equity | 6.19% |
| Vodafone Idea Ltd. | Communication | Equity | 5.73% |
| United Spirits Ltd. | Consumer Staples | Equity | 4.44% |
| Sammaan Capital Ltd. | Financial | Equity | 4.27% |
| State Bank of India | Financial | Equity | 3.32% |
| Punjab National Bank | Financial | Equity | 2.89% |
| ICICI Bank Ltd. | Financial | Equity | 2.49% |
| Axis Bank Ltd. | Financial | Equity | 2.28% |
| Biocon Ltd. | Healthcare | Equity | 2.24% |
| Reserve Bank of India | Financial | T-Bills | 2.19% |
| Bharti Airtel Ltd. | Communication | Equity | 1.90% |
| Reserve Bank of India | Financial | T-Bills | 1.82% |
| Titan Company Ltd. | Consumer Discretionary | Equity | 1.16% |
| GOI | Sovereign | GOI Sec | 1.13% |
| Ambuja Cements Ltd. | Construction | Equity | 1.11% |
| Reserve Bank of India | Financial | T-Bills | 1.10% |
| Reserve Bank of India | Financial | T-Bills | 1.10% |
| Eternal Ltd. | Services | Equity | 0.96% |
| JIO Financial Services Ltd. | Financial | Equity | 0.93% |
| Reserve Bank of India | Financial | T-Bills | 0.92% |
| Reserve Bank of India | Financial | T-Bills | 0.92% |
| Reserve Bank of India | Financial | T-Bills | 0.92% |
| Reserve Bank of India | Financial | T-Bills | 0.92% |
| Reserve Bank of India | Financial | T-Bills | 0.91% |
| Godrej Properties Ltd. | Construction | Equity | 0.90% |
| Larsen & Toubro Ltd. | Construction | Equity | 0.89% |
| Bandhan Bank Ltd. | Financial | Equity | 0.87% |
| Adani Enterprises Ltd. | Services | Equity | 0.86% |
| Tata Consultancy Services Ltd. | Technology | Equity | 0.83% |
| Aditya Birla Capital Ltd. | Financial | Equity | 0.82% |
| DLF Ltd. | Construction | Equity | 0.62% |
| Trent Ltd. | Services | Equity | 0.53% |
| Indus Towers Ltd. | Communication | Equity | 0.53% |
| SRF Ltd. | Chemicals | Equity | 0.52% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 0.43% |
| Multi Commodity Exchange Of India Ltd. | Services | Equity | 0.41% |
| LIC Housing Finance Ltd. | Financial | Equity | 0.41% |
| Steel Authority Of India Ltd. | Metals & Mining | Equity | 0.39% |
| NMDC Ltd. | Metals & Mining | Equity | 0.32% |
| GOI | Sovereign | GOI Sec | 0.26% |
| Grasim Industries Ltd. | Construction | Equity | 0.23% |
| Tata Power Company Ltd. | Energy | Equity | 0.18% |
| GMR Airports Ltd. | Construction | Equity | 0.17% |
| Hindustan Unilever Ltd. | Consumer Staples | Equity | 0.13% |
| Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | Equity | 0.10% |
| Yes Bank Ltd. | Financial | Equity | 0.10% |
| Tata Steel Ltd. | Metals & Mining | Equity | 0.08% |
| Solar Industries India Ltd. | Chemicals | Equity | 0.07% |
| Cipla Ltd. | Healthcare | Equity | 0.04% |
| RBL Bank Ltd. | Financial | Equity | 0.04% |
| HDFC Life Insurance Co Ltd. | Insurance | Equity | 0.03% |
| Bharat Heavy Electricals Ltd. | Capital Goods | Equity | 0.03% |
| The Indian Hotels Company Ltd. | Services | Equity | 0.03% |
| Adani Ports and Special Economic Zone Ltd. | Services | Equity | 0.03% |
| Infosys Ltd. | Technology | Equity | 0.02% |
| JSW Energy Ltd. | Capital Goods | Equity | 0.02% |
| JSW Energy Ltd. | Capital Goods | Futures | -0.02% |
| Infosys Ltd. | Technology | Futures | -0.02% |
| Adani Ports and Special Economic Zone Ltd. | Services | Futures | -0.03% |
| The Indian Hotels Company Ltd Rights | Services | Futures | -0.03% |
| Bharat Heavy Electricals Ltd. | Capital Goods | Futures | -0.03% |
| Larsen & Toubro Ltd. | Construction | Futures | -0.03% |
| HDFC Life Insurance Co Ltd. | Insurance | Futures | -0.03% |
| RBL Bank Ltd. | Financial | Futures | -0.04% |
| Cipla Ltd. | Healthcare | Futures | -0.04% |
| ICICI Bank Ltd. | Financial | Futures | -0.07% |
| Solar Industries India Ltd. | Chemicals | Futures | -0.07% |
| Mahindra & Mahindra Ltd. | Automobile | Futures | -0.08% |
| Tata Steel Ltd. | Metals & Mining | Futures | -0.08% |
| Yes Bank Ltd. | Financial | Futures | -0.10% |
| Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | Futures | -0.10% |
| Hindustan Unilever Ltd. | Consumer Staples | Futures | -0.13% |
| GMR Airports Ltd. | Construction | Futures | -0.17% |
| DLF Ltd. | Construction | Futures | -0.18% |
| Tata Power Company Ltd. | Energy | Futures | -0.18% |
| Grasim Industries Ltd. | Construction | Futures | -0.24% |
| NMDC Ltd. | Metals & Mining | Futures | -0.32% |
| Mahindra & Mahindra Ltd Warrant | Automobile | Futures | -0.36% |
| Reliance Industries Ltd. | Energy | Futures | -0.37% |
| Steel Authority Of India Ltd. | Metals & Mining | Futures | -0.40% |
| LIC Housing Finance Ltd. | Financial | Futures | -0.41% |
| Multi Commodity Exchange Of India Ltd. | Services | Futures | -0.41% |
| Bandhan Bank Ltd. | Financial | Futures | -0.43% |
| Bandhan Bank Ltd. | Financial | Futures | -0.44% |
| DLF Ltd. | Construction | Futures | -0.45% |
| SRF Ltd. | Chemicals | Futures | -0.52% |
| Indus Towers Ltd. | Communication | Futures | -0.53% |
| Trent Ltd. | Services | Futures | -0.53% |
| Aditya Birla Capital Ltd. | Financial | Futures | -0.82% |
| Tata Consultancy Services Ltd. | Technology | Futures | -0.84% |
| Adani Enterprises Ltd. | Services | Futures | -0.86% |
| Larsen & Toubro Ltd. | Construction | Futures | -0.87% |
| Godrej Properties Ltd. | Construction | Futures | -0.90% |
| JIO Financial Services Ltd. | Financial | Futures | -0.93% |
| Eternal Ltd. | Services | Futures | -0.96% |
| HDFC Bank Ltd. | Financial | Futures | -1.05% |
| Ambuja Cements Ltd. | Construction | Futures | -1.11% |
| Titan Company Ltd. | Consumer Discretionary | Futures | -1.16% |
| Bajaj Finance Ltd. | Financial | Futures | -1.59% |
| Vodafone Idea Ltd. | Communication | Futures | -1.76% |
| Bharti Airtel Ltd. | Communication | Futures | -1.91% |
| Biocon Ltd. | Healthcare | Futures | -2.25% |
| Axis Bank Ltd. | Financial | Futures | -2.29% |
| ICICI Bank Ltd. | Financial | Futures | -2.43% |
| Punjab National Bank | Financial | Futures | -2.90% |
| State Bank of India | Financial | Futures | -3.34% |
| Vodafone Idea Ltd. | Communication | Futures | -4.00% |
| Sammaan Capital Ltd. | Financial | Futures | -4.29% |
| United Spirits Ltd. | Consumer Staples | Futures | -4.45% |
| Bajaj Finance Ltd. | Financial | Futures | -4.69% |
| Bank Of Baroda | Financial | Futures | -6.21% |
| Reliance Industries Ltd. | Energy | Futures | -7.28% |
| Kotak Mahindra Bank Ltd. | Financial | Futures | -7.50% |
| HDFC Bank Ltd. | Financial | Futures | -7.80% |
See All
Minimum investments
Min. for 1st investment
₹5,000
Min. for 2nd investment
₹500
Min. for SIP
₹100
Returns and rankings
Annualised returns
Absolute returns
| Name | 6M | 1Y | 3Y | All |
|---|---|---|---|---|
| Fund returns | +3.1% | +6.3% | +7.1% | +7.0% |
| Category average (Hybrid Arbitrage) | +2.8% | +6.1% | +6.8% | -- |
| Rank (Hybrid Arbitrage) | -- | 29 | 23 | -- |
Exit load, stamp duty and tax
Exit load
Nil
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Check past data
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
Invesco India Arbitrage Fund Direct Growth | +7.08% | +7.81% | 28,593.32 | |
Tata Arbitrage Fund Direct Growth | +7.19% | +7.81% | 20,563.28 | |
Aditya Birla Sun Life Arbitrage Fund Direct Growth | +7.15% | +7.76% | 26,735.76 | |
Bandhan Arbitrage Fund Direct Growth | +6.88% | +7.69% | 8,828.63 | |
SBI Arbitrage Opportunities Fund Direct Growth | +6.97% | +7.68% | 43,574.28 | |
| Compare | ||||
Fund management
DPDhaval PatelMar 2023 - PresentView details
DP
Dhaval Patel
Mar 2023 - Present
View details
VSViral ShahDec 2024 - PresentView details
VS
Viral Shah
Dec 2024 - Present
View details
About NJ Arbitrage Fund Direct Growth
NJ Arbitrage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by NJ Mutual Fund. This scheme was made available to investors on 20 Apr 2021. Dhaval Patel is the Current Fund Manager of NJ Arbitrage Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹7,013 Cr and the Latest NAV as of 05 Mar 2026 is ₹12.74.
The NJ Arbitrage Fund Direct Growth is rated Low risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹5,000.
;
Investment Objective
The scheme seeks to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivatives segment of the equity market and by investing the balance in debt and money market instruments.
Fund benchmarkNIFTY 50 Arbitrage Total Return Index
Fund house
Rank (total assets)--
Total AUM₹7,013.05 Cr
Date of Incorporation20 Apr 2021
Launch Date20 Apr 2021
AddressUnit No. 101A, 1st Floor,Hallmark Business Plaza,Bandra (East), Mumbai 400051
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,