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NJ Arbitrage Fund Direct Growth
+7.08%
3Y annualised
+0.05% 1D
NAV: 13 Apr '26
₹12.82
Min. for SIP
₹100
Fund size (AUM)
₹269.85 Cr
Expense ratio
0.26%
Rating
2
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 3 months | ₹15,000 | ₹15,083 | +0.55% | |
| 6 months | ₹30,000 | ₹30,422 | +1.41% | |
| 1 year | ₹60,000 | ₹61,759 | +2.93% | |
| 3 years | ₹1,80,000 | ₹1,98,488 | +10.27% |
Holdings (165)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 7.37% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 6.02% |
| Bharti Airtel Ltd. | Communication | Equity | 5.87% |
| HDFC Bank Ltd. | Financial | Equity | 5.83% |
| Sammaan Capital Ltd. | Financial | Equity | 5.67% |
| ICICI Bank Ltd. | Financial | Equity | 4.35% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 4.12% |
| Bajaj Finance Ltd. | Financial | Equity | 3.92% |
| Vodafone Idea Ltd. | Communication | Equity | 2.46% |
| Biocon Ltd. | Healthcare | Equity | 1.91% |
| Reserve Bank of India | Financial | T-Bills | 1.84% |
| Axis Bank Ltd. | Financial | Equity | 1.67% |
| Adani Enterprises Ltd. | Services | Equity | 1.61% |
| Bank Of Baroda | Financial | Equity | 1.61% |
| Larsen & Toubro Ltd. | Construction | Equity | 1.20% |
| GOI | Sovereign | GOI Sec | 1.13% |
| Reserve Bank of India | Financial | T-Bills | 1.11% |
| Reserve Bank of India | Financial | T-Bills | 1.11% |
| Reserve Bank of India | Financial | T-Bills | 1.09% |
| Reserve Bank of India | Financial | T-Bills | 1.08% |
| Titan Company Ltd. | Consumer Discretionary | Equity | 1.08% |
| Reserve Bank of India | Financial | T-Bills | 1.06% |
| Reserve Bank of India | Financial | T-Bills | 1.05% |
| Eternal Ltd. | Services | Equity | 1.03% |
| JIO Financial Services Ltd. | Financial | Equity | 0.98% |
| 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% |
| Tata Steel Ltd. | Metals & Mining | Equity | 0.90% |
| Yes Bank Ltd. | Financial | Equity | 0.89% |
| Steel Authority Of India Ltd. | Metals & Mining | Equity | 0.87% |
| State Bank of India | Financial | Equity | 0.84% |
| ITC Ltd. | Consumer Staples | Equity | 0.82% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | Equity | 0.73% |
| United Spirits Ltd. | Consumer Staples | Equity | 0.72% |
| Ambuja Cements Ltd. | Construction | Equity | 0.70% |
| NMDC Ltd. | Metals & Mining | Equity | 0.65% |
| Punjab National Bank | Financial | Equity | 0.63% |
| Bandhan Bank Ltd. | Financial | Equity | 0.51% |
| Tata Consultancy Services Ltd. | Technology | Equity | 0.50% |
| Dabur India Ltd. | Consumer Staples | Equity | 0.49% |
| Tata Power Company Ltd. | Energy | Equity | 0.45% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 0.41% |
| Exide Industries Ltd. | Capital Goods | Equity | 0.40% |
| Trent Ltd. | Services | Equity | 0.40% |
| Reserve Bank of India | Financial | T-Bills | 0.37% |
| IDFC First Bank Ltd. | Financial | Equity | 0.36% |
| Reserve Bank of India | Financial | T-Bills | 0.36% |
| Hindustan Aeronautics Ltd. | Capital Goods | Equity | 0.35% |
| LIC Housing Finance Ltd. | Financial | Equity | 0.35% |
| One97 Communications Ltd. | Services | Equity | 0.33% |
| Multi Commodity Exchange Of India Ltd. | Services | Equity | 0.33% |
| Indus Towers Ltd. | Communication | Equity | 0.32% |
| Indusind Bank Ltd. | Financial | Equity | 0.29% |
| GOI | Sovereign | GOI Sec | 0.26% |
| Hindustan Unilever Ltd. | Consumer Staples | Equity | 0.25% |
| Indian Energy Exchange Ltd. | Services | Equity | 0.24% |
| Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | Equity | 0.22% |
| DLF Ltd. | Construction | Equity | 0.22% |
| Laurus Labs Ltd. | Healthcare | Equity | 0.16% |
| Grasim Industries Ltd. | Construction | Equity | 0.14% |
| GAIL (India) Ltd. | Energy | Equity | 0.11% |
| RBL Bank Ltd. | Financial | Equity | 0.10% |
| Asian Paints Ltd. | Chemicals | Equity | 0.10% |
| GMR Airports Ltd. | Construction | Equity | 0.09% |
| SBI Life Insurance Company Ltd. | Insurance | Equity | 0.07% |
| Solar Industries India Ltd. | Chemicals | Equity | 0.07% |
| Godrej Properties Ltd. | Construction | Equity | 0.06% |
| NTPC Ltd. | Energy | Equity | 0.04% |
| Max Healthcare Institute Ltd. | Healthcare | Equity | 0.04% |
| Cipla Ltd. | Healthcare | Equity | 0.03% |
| UPL Ltd. | Chemicals | Equity | 0.03% |
| HDFC Life Insurance Co Ltd. | Insurance | Equity | 0.02% |
| Bharat Heavy Electricals Ltd. | Capital Goods | Equity | 0.02% |
| JSW Energy Ltd. | Capital Goods | Equity | 0.02% |
| Coforge Ltd. | Technology | Equity | 0.02% |
| Tata Motors Passenger Vehicles Ltd. | Automobile | Equity | 0.01% |
| Tata Motors Passenger Vehicles Ltd. | Automobile | Futures | -0.01% |
| Coforge Ltd. | Technology | Futures | -0.02% |
| DLF Ltd. | Construction | Futures | -0.02% |
| JSW Energy Ltd. | Capital Goods | Futures | -0.02% |
| Tata Power Company Ltd. | Energy | Futures | -0.02% |
| Bharat Heavy Electricals Ltd. | Capital Goods | Futures | -0.02% |
| HDFC Life Insurance Co Ltd. | Insurance | Futures | -0.02% |
| Titan Company Ltd. | Consumer Discretionary | Futures | -0.03% |
| UPL Ltd. | Chemicals | Futures | -0.03% |
| Cipla Ltd. | Healthcare | Futures | -0.03% |
| Max Healthcare Institute Ltd. | Healthcare | Futures | -0.04% |
| Hindustan Aeronautics Ltd. | Capital Goods | Futures | -0.04% |
| NTPC Ltd. | Energy | Futures | -0.04% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | Futures | -0.05% |
| LIC Housing Finance Ltd. | Financial | Futures | -0.06% |
| Godrej Properties Ltd. | Construction | Futures | -0.06% |
| Solar Industries India Ltd. | Chemicals | Futures | -0.07% |
| SBI Life Insurance Company Ltd. | Insurance | Futures | -0.07% |
| One97 Communications Ltd. | Services | Futures | -0.08% |
| Indusind Bank Ltd. | Financial | Futures | -0.08% |
| Bank Of Baroda | Financial | Futures | -0.08% |
| GMR Airports Ltd. | Construction | Futures | -0.09% |
| JIO Financial Services Ltd. | Financial | Futures | -0.10% |
| Asian Paints Ltd. | Chemicals | Futures | -0.10% |
| RBL Bank Ltd. | Financial | Futures | -0.10% |
| GAIL (India) Ltd. | Energy | Futures | -0.11% |
| Tata Steel Ltd. | Metals & Mining | Futures | -0.12% |
| Grasim Industries Ltd. | Construction | Futures | -0.14% |
| Laurus Labs Ltd. | Healthcare | Futures | -0.16% |
| Kotak Mahindra Bank Ltd. | Financial | Futures | -0.19% |
| DLF Ltd. | Construction | Futures | -0.20% |
| Bandhan Bank Ltd. | Financial | Futures | -0.21% |
| Indusind Bank Ltd. | Financial | Futures | -0.22% |
| Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | Futures | -0.22% |
| Indian Energy Exchange Ltd. | Services | Futures | -0.24% |
| Hindustan Unilever Ltd. | Consumer Staples | Futures | -0.25% |
| One97 Communications Ltd. | Services | Futures | -0.26% |
| LIC Housing Finance Ltd. | Financial | Futures | -0.30% |
| Bandhan Bank Ltd. | Financial | Futures | -0.30% |
| NMDC Ltd. | Metals & Mining | Futures | -0.31% |
| Eternal Ltd. | Services | Futures | -0.31% |
| Hindustan Aeronautics Ltd. | Capital Goods | Futures | -0.31% |
| Indus Towers Ltd. | Communication | Futures | -0.32% |
| Multi Commodity Exchange Of India Ltd. | Services | Futures | -0.33% |
| NMDC Ltd. | Metals & Mining | Futures | -0.35% |
| IDFC First Bank Ltd. | Financial | Futures | -0.37% |
| Trent Ltd. | Services | Futures | -0.40% |
| Exide Industries Ltd. | Capital Goods | Futures | -0.41% |
| Maruti Suzuki India Ltd. | Automobile | Futures | -0.41% |
| Yes Bank Ltd. | Financial | Futures | -0.42% |
| Tata Power Company Ltd. | Energy | Futures | -0.43% |
| Larsen & Toubro Ltd. | Construction | Futures | -0.48% |
| Yes Bank Ltd. | Financial | Futures | -0.48% |
| Dabur India Ltd. | Consumer Staples | Futures | -0.50% |
| Tata Consultancy Services Ltd. | Technology | Futures | -0.51% |
| Mahindra & Mahindra Ltd. | Automobile | Futures | -0.51% |
| Axis Bank Ltd. | Financial | Futures | -0.62% |
| Punjab National Bank | Financial | Futures | -0.63% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | Futures | -0.69% |
| Ambuja Cements Ltd. | Construction | Futures | -0.70% |
| Eternal Ltd. | Services | Futures | -0.72% |
| United Spirits Ltd. | Consumer Staples | Futures | -0.72% |
| Larsen & Toubro Ltd. | Construction | Futures | -0.73% |
| Tata Steel Ltd. | Metals & Mining | Futures | -0.78% |
| ITC Ltd. | Consumer Staples | Futures | -0.82% |
| State Bank of India | Financial | Futures | -0.85% |
| ICICI Bank Ltd. | Financial | Futures | -0.88% |
| JIO Financial Services Ltd. | Financial | Futures | -0.88% |
| Steel Authority Of India Ltd. | Metals & Mining | Futures | -0.88% |
| Titan Company Ltd. | Consumer Discretionary | Futures | -1.05% |
| Axis Bank Ltd. | Financial | Futures | -1.05% |
| Vodafone Idea Ltd. | Communication | Futures | -1.12% |
| Sammaan Capital Ltd. | Financial | Futures | -1.33% |
| Vodafone Idea Ltd. | Communication | Futures | -1.36% |
| Bank Of Baroda | Financial | Futures | -1.54% |
| Adani Enterprises Ltd. | Services | Futures | -1.63% |
| Biocon Ltd. | Healthcare | Futures | -1.91% |
| Bharti Airtel Ltd. | Communication | Futures | -2.58% |
| Reliance Industries Ltd. | Energy | Futures | -2.59% |
| Bharti Airtel Ltd. | Communication | Futures | -3.32% |
| ICICI Bank Ltd. | Financial | Futures | -3.51% |
| Mahindra & Mahindra Ltd. | Automobile | Futures | -3.65% |
| Bajaj Finance Ltd. | Financial | Futures | -3.94% |
| Sammaan Capital Ltd. | Financial | Futures | -4.38% |
| Reliance Industries Ltd. | Energy | Futures | -4.83% |
| Kotak Mahindra Bank Ltd. | Financial | Futures | -5.86% |
| HDFC Bank Ltd. | Financial | Futures | -5.86% |
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 | +3.2% | +6.2% | +7.1% | +6.9% |
| 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
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Check past data
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
Tata Arbitrage Fund Direct Growth | +6.91% | +7.76% | 20,686.40 | |
Invesco India Arbitrage Fund Direct Growth | +6.84% | +7.75% | 26,370.10 | |
Aditya Birla Sun Life Arbitrage Fund Direct Growth | +6.81% | +7.70% | 25,064.55 | |
SBI Arbitrage Opportunities Fund Direct Growth | +6.72% | +7.63% | 41,059.15 | |
Bandhan Arbitrage Fund Direct Growth | +6.54% | +7.62% | 7,790.46 | |
| 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 ₹6,521 Cr and the Latest NAV as of 13 Apr 2026 is ₹12.82.
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₹6,521.12 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,