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
+7.15%
3Y annualised
+0.07% 1D
NAV: 25 Mar '26
₹12.79
Min. for SIP
₹100
Fund size (AUM)
₹269.01 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 | ₹15,082 | +0.55% | |
| 6 months | ₹30,000 | ₹30,415 | +1.38% | |
| 1 year | ₹60,000 | ₹61,744 | +2.91% | |
| 3 years | ₹1,80,000 | ₹1,98,520 | +10.29% |
Holdings (149)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 8.69% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 7.72% |
| Reliance Industries Ltd. | Energy | Equity | 7.64% |
| Bajaj Finance Ltd. | Financial | Equity | 6.72% |
| Sammaan Capital Ltd. | Financial | Equity | 4.98% |
| United Spirits Ltd. | Consumer Staples | Equity | 4.46% |
| Bank Of Baroda | Financial | Equity | 3.85% |
| Vodafone Idea Ltd. | Communication | Equity | 3.55% |
| Bharti Airtel Ltd. | Communication | Equity | 3.32% |
| Punjab National Bank | Financial | Equity | 3.00% |
| Biocon Ltd. | Healthcare | Equity | 2.39% |
| Axis Bank Ltd. | Financial | Equity | 2.15% |
| Eternal Ltd. | Services | Equity | 1.89% |
| Reserve Bank of India | Financial | T-Bills | 1.84% |
| Titan Company Ltd. | Consumer Discretionary | Equity | 1.41% |
| Tata Consultancy Services Ltd. | Technology | Equity | 1.27% |
| GOI | Sovereign | GOI Sec | 1.14% |
| Reserve Bank of India | Financial | T-Bills | 1.11% |
| Reserve Bank of India | Financial | T-Bills | 1.11% |
| Ambuja Cements Ltd. | Construction | Equity | 1.09% |
| Reserve Bank of India | Financial | T-Bills | 1.09% |
| State Bank of India | Financial | Equity | 1.04% |
| Godrej Properties Ltd. | Construction | Equity | 0.99% |
| JIO Financial Services Ltd. | Financial | Equity | 0.96% |
| Reserve Bank of India | Financial | T-Bills | 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 | 0.91% |
| Tata Steel Ltd. | Metals & Mining | Equity | 0.91% |
| ITC Ltd. | Consumer Staples | Equity | 0.90% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 0.66% |
| DLF Ltd. | Construction | Equity | 0.59% |
| Bandhan Bank Ltd. | Financial | Equity | 0.56% |
| Tata Power Company Ltd. | Energy | Equity | 0.53% |
| Indus Towers Ltd. | Communication | Equity | 0.52% |
| ICICI Bank Ltd. | Financial | Equity | 0.50% |
| Trent Ltd. | Services | Equity | 0.46% |
| LIC Housing Finance Ltd. | Financial | Equity | 0.42% |
| Yes Bank Ltd. | Financial | Equity | 0.41% |
| Multi Commodity Exchange Of India Ltd. | Services | Equity | 0.40% |
| Hindustan Aeronautics Ltd. | Capital Goods | Equity | 0.39% |
| Reserve Bank of India | Financial | T-Bills | 0.37% |
| NMDC Ltd. | Metals & Mining | Equity | 0.33% |
| One97 Communications Ltd. | Services | Equity | 0.30% |
| GOI | Sovereign | GOI Sec | 0.26% |
| Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | Equity | 0.26% |
| Grasim Industries Ltd. | Construction | Equity | 0.21% |
| GMR Airports Ltd. | Construction | Equity | 0.18% |
| Hindustan Unilever Ltd. | Consumer Staples | Equity | 0.13% |
| IDFC First Bank Ltd. | Financial | Equity | 0.08% |
| Solar Industries India Ltd. | Chemicals | Equity | 0.08% |
| Max Healthcare Institute Ltd. | Healthcare | Equity | 0.04% |
| RBL Bank Ltd. | Financial | Equity | 0.04% |
| Cipla Ltd. | Healthcare | Equity | 0.04% |
| UPL Ltd. | Chemicals | Equity | 0.03% |
| HDFC Life Insurance Co Ltd. | Insurance | Equity | 0.03% |
| Larsen & Toubro Ltd. | Construction | Equity | 0.03% |
| Adani Ports and Special Economic Zone Ltd. | Services | Equity | 0.03% |
| Bharat Heavy Electricals Ltd. | Capital Goods | Equity | 0.03% |
| The Indian Hotels Company Ltd. | Services | Equity | 0.02% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | Equity | 0.02% |
| Infosys Ltd. | Technology | 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% |
| JSW Energy Ltd. | Capital Goods | Futures | -0.02% |
| Infosys Ltd. | Technology | Futures | -0.02% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | Futures | -0.02% |
| The Indian Hotels Company Ltd Rights | Services | Futures | -0.02% |
| Bharat Heavy Electricals Ltd. | Capital Goods | Futures | -0.03% |
| Adani Ports and Special Economic Zone Ltd. | Services | Futures | -0.03% |
| Larsen & Toubro Ltd. | Construction | Futures | -0.03% |
| HDFC Life Insurance Co Ltd. | Insurance | Futures | -0.03% |
| UPL Ltd. | Chemicals | Futures | -0.03% |
| DLF Ltd. | Construction | Futures | -0.04% |
| Cipla Ltd. | Healthcare | Futures | -0.04% |
| RBL Bank Ltd. | Financial | Futures | -0.04% |
| Max Healthcare Institute Ltd. | Healthcare | Futures | -0.04% |
| Hindustan Aeronautics Ltd. | Capital Goods | Futures | -0.04% |
| Yes Bank Ltd. | Financial | Futures | -0.05% |
| Bandhan Bank Ltd. | Financial | Futures | -0.05% |
| ICICI Bank Ltd. | Financial | Futures | -0.07% |
| Solar Industries India Ltd. | Chemicals | Futures | -0.08% |
| IDFC First Bank Ltd. | Financial | Futures | -0.08% |
| Tata Steel Ltd. | Metals & Mining | Futures | -0.09% |
| Kotak Mahindra Bank Ltd. | Financial | Futures | -0.09% |
| Yes Bank Ltd. | Financial | Futures | -0.12% |
| Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | Futures | -0.12% |
| Hindustan Unilever Ltd. | Consumer Staples | Futures | -0.13% |
| JIO Financial Services Ltd. | Financial | Futures | -0.14% |
| Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | Futures | -0.14% |
| Titan Company Ltd. | Consumer Discretionary | Futures | -0.14% |
| GMR Airports Ltd. | Construction | Futures | -0.18% |
| Tata Power Company Ltd. | Energy | Futures | -0.18% |
| Grasim Industries Ltd. | Construction | Futures | -0.21% |
| ICICI Bank Ltd. | Financial | Futures | -0.22% |
| ICICI Bank Ltd. | Financial | Futures | -0.22% |
| State Bank of India | Financial | Futures | -0.24% |
| Yes Bank Ltd. | Financial | Futures | -0.24% |
| One97 Communications Ltd. | Services | Futures | -0.30% |
| Mahindra & Mahindra Ltd. | Automobile | Futures | -0.30% |
| NMDC Ltd. | Metals & Mining | Futures | -0.33% |
| Bajaj Finance Ltd. | Financial | Futures | -0.34% |
| Eternal Ltd. | Services | Futures | -0.34% |
| Tata Power Company Ltd. | Energy | Futures | -0.35% |
| Hindustan Aeronautics Ltd. | Capital Goods | Futures | -0.35% |
| Mahindra & Mahindra Ltd. | Automobile | Futures | -0.36% |
| Multi Commodity Exchange Of India Ltd. | Services | Futures | -0.40% |
| LIC Housing Finance Ltd. | Financial | Futures | -0.42% |
| Bharti Airtel Ltd. | Communication | Futures | -0.44% |
| Trent Ltd. | Services | Futures | -0.47% |
| Bandhan Bank Ltd. | Financial | Futures | -0.51% |
| Indus Towers Ltd. | Communication | Futures | -0.52% |
| DLF Ltd. | Construction | Futures | -0.56% |
| Kotak Mahindra Bank Ltd. | Financial | Futures | -0.56% |
| Bank Of Baroda | Financial | Futures | -0.56% |
| Tata Consultancy Services Ltd. | Technology | Futures | -0.57% |
| Biocon Ltd. | Healthcare | Futures | -0.59% |
| Tata Consultancy Services Ltd. | Technology | Futures | -0.70% |
| Sammaan Capital Ltd. | Financial | Futures | -0.72% |
| Eternal Ltd. | Services | Futures | -0.78% |
| Eternal Ltd. | Services | Futures | -0.79% |
| State Bank of India | Financial | Futures | -0.81% |
| JIO Financial Services Ltd. | Financial | Futures | -0.83% |
| Tata Steel Ltd. | Metals & Mining | Futures | -0.83% |
| ITC Ltd. | Consumer Staples | Futures | -0.91% |
| Vodafone Idea Ltd. | Communication | Futures | -0.94% |
| Vodafone Idea Ltd. | Communication | Futures | -0.94% |
| Godrej Properties Ltd. | Construction | Futures | -1.00% |
| Ambuja Cements Ltd. | Construction | Futures | -1.10% |
| Titan Company Ltd. | Consumer Discretionary | Futures | -1.27% |
| Bharti Airtel Ltd. | Communication | Futures | -1.31% |
| Bharti Airtel Ltd. | Communication | Futures | -1.60% |
| Vodafone Idea Ltd. | Communication | Futures | -1.69% |
| Biocon Ltd. | Healthcare | Futures | -1.82% |
| Axis Bank Ltd. | Financial | Futures | -2.17% |
| HDFC Bank Ltd. | Financial | Futures | -2.52% |
| Punjab National Bank | Financial | Futures | -3.01% |
| Reliance Industries Ltd. | Energy | Futures | -3.09% |
| Bank Of Baroda | Financial | Futures | -3.30% |
| Sammaan Capital Ltd. | Financial | Futures | -4.28% |
| United Spirits Ltd. | Consumer Staples | Futures | -4.47% |
| Reliance Industries Ltd. | Energy | Futures | -4.61% |
| HDFC Bank Ltd. | Financial | Futures | -6.25% |
| Bajaj Finance Ltd. | Financial | Futures | -6.42% |
| Kotak Mahindra Bank Ltd. | Financial | Futures | -7.11% |
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 | +3.4% | +6.5% | +7.2% | +7.0% |
| Category average (Hybrid Arbitrage) | +2.8% | +6.1% | +6.8% | -- |
| Rank (Hybrid Arbitrage) | -- | 28 | 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 | +6.96% | +7.75% | 28,526.70 | |
Tata Arbitrage Fund Direct Growth | +7.07% | +7.75% | 21,327.37 | |
Aditya Birla Sun Life Arbitrage Fund Direct Growth | +7.01% | +7.70% | 26,792.01 | |
SBI Arbitrage Opportunities Fund Direct Growth | +6.91% | +7.64% | 44,393.15 | |
Bandhan Arbitrage Fund Direct Growth | +6.71% | +7.63% | 8,650.08 | |
| 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 ₹7,054 Cr and the Latest NAV as of 25 Mar 2026 is ₹12.79.
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₹7,053.57 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,