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
Hybrid
Arbitrage
Low Risk
+7.16%
3Y annualised
+0.03% 1D
NAV: 16 Jan '26
₹12.64
Min. SIP amount
₹100
Fund size
₹260.49 Cr
Expense ratio
0.26%
Return calculator
Monthly SIP
One time
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 1 year | ₹60,000 | ₹61,727 | +2.88% | |
| 3 years | ₹1,80,000 | ₹1,98,716 | +10.40% |
Holdings (104)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 8.79% |
| Reliance Industries Ltd. | Energy | Equity | 8.65% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 8.35% |
| Bank Of Baroda | Financial | Equity | 6.35% |
| Bajaj Finance Ltd. | Financial | Equity | 5.14% |
| United Spirits Ltd. | Consumer Staples | Equity | 4.88% |
| Adani Enterprises Ltd. | Services | Equity | 4.68% |
| Vodafone Idea Ltd. | Communication | Equity | 3.60% |
| State Bank of India | Financial | Equity | 3.14% |
| Punjab National Bank | Financial | Equity | 2.96% |
| Biocon Ltd. | Healthcare | Equity | 2.50% |
| ICICI Bank Ltd. | Financial | Equity | 2.49% |
| Axis Bank Ltd. | Financial | Equity | 2.19% |
| Reserve Bank of India | Financial | T-Bills | 1.92% |
| Reserve Bank of India | Financial | T-Bills | 1.92% |
| Bharti Airtel Ltd. | Communication | Equity | 1.73% |
| Ambuja Cements Ltd. | Construction | Equity | 1.26% |
| Titan Company Ltd. | Consumer Discretionary | Equity | 1.22% |
| Godrej Properties Ltd. | Construction | Equity | 1.19% |
| GOI | Sovereign | GOI Sec | 1.18% |
| Reserve Bank of India | Financial | T-Bills | 1.14% |
| Reserve Bank of India | Financial | T-Bills | 1.14% |
| JIO Financial Services Ltd. | Financial | Equity | 1.12% |
| ITC Ltd. | Consumer Staples | Equity | 1.06% |
| Eternal Ltd. | Services | Equity | 1.01% |
| Reserve Bank of India | Financial | T-Bills | 0.96% |
| Reserve Bank of India | Financial | T-Bills | 0.95% |
| Reserve Bank of India | Financial | T-Bills | 0.95% |
| Reserve Bank of India | Financial | T-Bills | 0.95% |
| Larsen & Toubro Ltd. | Construction | Equity | 0.93% |
| Aditya Birla Capital Ltd. | Financial | Equity | 0.89% |
| Reserve Bank of India | Financial | T-Bills | 0.76% |
| Hindalco Industries Ltd. | Metals & Mining | Equity | 0.71% |
| GMR Airports Ltd. | Construction | Equity | 0.70% |
| Trent Ltd. | Services | Equity | 0.62% |
| SRF Ltd. | Chemicals | Equity | 0.59% |
| Indus Towers Ltd. | Communication | Equity | 0.52% |
| DLF Ltd. | Construction | Equity | 0.50% |
| LIC Housing Finance Ltd. | Financial | Equity | 0.43% |
| Bandhan Bank Ltd. | Financial | Equity | 0.42% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 0.40% |
| NMDC Ltd. | Metals & Mining | Equity | 0.34% |
| Indusind Bank Ltd. | Financial | Equity | 0.33% |
| Sammaan Capital Ltd. | Financial | Equity | 0.29% |
| GOI | Sovereign | GOI Sec | 0.27% |
| Grasim Industries Ltd. | Construction | Equity | 0.24% |
| Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | Equity | 0.12% |
| Yes Bank Ltd. | Financial | Equity | 0.10% |
| JSW Energy Ltd. | Capital Goods | Equity | 0.09% |
| CG Power and Industrial Solutions Ltd. | Capital Goods | Equity | 0.08% |
| Solar Industries India Ltd. | Chemicals | Equity | 0.07% |
| Cipla Ltd. | Healthcare | Equity | 0.04% |
| Bharat Heavy Electricals Ltd. | Capital Goods | Equity | 0.03% |
| Adani Ports and Special Economic Zone Ltd. | Services | Equity | 0.03% |
| GAIL (India) Ltd. | Energy | Equity | 0.02% |
| Trent Ltd. | Services | Futures | -0.02% |
| GAIL (India) Ltd. | Energy | Futures | -0.02% |
| Adani Ports and Special Economic Zone Ltd. | Services | Futures | -0.03% |
| Bharat Heavy Electricals Ltd. | Capital Goods | Futures | -0.03% |
| Cipla Ltd. | Healthcare | Futures | -0.04% |
| State Bank of India | Financial | Futures | -0.06% |
| Solar Industries India Ltd. | Chemicals | Futures | -0.07% |
| CG Power and Industrial Solutions Ltd. | Capital Goods | Futures | -0.08% |
| JSW Energy Ltd. | Capital Goods | Futures | -0.09% |
| Yes Bank Ltd. | Financial | Futures | -0.10% |
| Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | Futures | -0.12% |
| Grasim Industries Ltd. | Construction | Futures | -0.25% |
| Sammaan Capital Ltd. | Financial | Futures | -0.29% |
| Indusind Bank Ltd. | Financial | Futures | -0.33% |
| NMDC Ltd. | Metals & Mining | Futures | -0.35% |
| Mahindra & Mahindra Ltd. | Automobile | Futures | -0.40% |
| Bandhan Bank Ltd. | Financial | Futures | -0.43% |
| LIC Housing Finance Ltd. | Financial | Futures | -0.44% |
| DLF Ltd. | Construction | Futures | -0.50% |
| Indus Towers Ltd. | Communication | Futures | -0.52% |
| SRF Ltd. | Chemicals | Futures | -0.59% |
| Trent Ltd. | Services | Futures | -0.61% |
| GMR Airports Ltd. | Construction | Futures | -0.70% |
| Hindalco Industries Ltd. | Metals & Mining | Futures | -0.72% |
| Aditya Birla Capital Ltd. | Financial | Futures | -0.90% |
| Larsen & Toubro Ltd. | Construction | Futures | -0.94% |
| Eternal Ltd. | Services | Futures | -1.02% |
| ITC Ltd. | Consumer Staples | Futures | -1.07% |
| JIO Financial Services Ltd. | Financial | Futures | -1.13% |
| Godrej Properties Ltd. | Construction | Futures | -1.19% |
| Titan Company Ltd. | Consumer Discretionary | Futures | -1.23% |
| Reliance Industries Ltd. | Energy | Futures | -1.25% |
| Ambuja Cements Ltd. | Construction | Futures | -1.26% |
| Vodafone Idea Ltd. | Communication | Futures | -1.65% |
| Bharti Airtel Ltd. | Communication | Futures | -1.74% |
| Vodafone Idea Ltd. | Communication | Futures | -1.99% |
| Bank Of Baroda | Financial | Futures | -2.02% |
| Axis Bank Ltd. | Financial | Futures | -2.20% |
| ICICI Bank Ltd. | Financial | Futures | -2.50% |
| Biocon Ltd. | Healthcare | Futures | -2.51% |
| Punjab National Bank | Financial | Futures | -2.98% |
| State Bank of India | Financial | Futures | -3.10% |
| Bank Of Baroda | Financial | Futures | -4.38% |
| Adani Enterprises Ltd. | Services | Futures | -4.70% |
| United Spirits Ltd. | Consumer Staples | Futures | -4.90% |
| Bajaj Finance Ltd. | Financial | Futures | -5.18% |
| Reliance Industries Ltd. | Energy | Futures | -7.45% |
| Kotak Mahindra Bank Ltd. | Financial | Futures | -8.38% |
| HDFC Bank Ltd. | Financial | Futures | -8.84% |
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% | +7.2% | +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 | +7.10% | +7.84% | 27,399.88 | |
Tata Arbitrage Fund Direct Growth | +7.21% | +7.83% | 20,013.43 | |
Aditya Birla Sun Life Arbitrage Fund Direct Growth | +7.13% | +7.77% | 25,396.48 | |
Bandhan Arbitrage Fund Direct Growth | +6.91% | +7.71% | 8,967.81 | |
SBI Arbitrage Opportunities Fund Direct Growth | +6.98% | +7.71% | 41,713.82 | |
| 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 ₹7,158 Cr and the Latest NAV as of 16 Jan 2026 is ₹12.64.
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)NA
Total AUM₹7,157.80 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,