JM Arbitrage Fund (Direct) - Growth Option

JM Arbitrage Fund (Direct) - Growth Option

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Hybrid
Direct
Arbitrage Fund
NAV: ₹ 31 as on 01-12-2023
Fund Performance
zero opening, trading, fund transfer fee
1 people have invested ₹ 2K in JM Arbitrage Fund (Direct) - Growth Option in the last three months

Mutual Fund Insights

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In the last 5 years, Edelweiss Arbitrage Fund Direct Growth has given 5.89% return, outperforming this fund by 1.19% per annum.
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Over the last 6 months, this fund has experienced a 28.1% growth in AUM moving from 92.72 Cr to 118.79 Cr.
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This fund has one of the lowest expense ratio in the category (arbitrage fund). Its expense ratio is 0.34% which is lower than the category average expense ratio of 0.72%.
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In the last 1 year, Invesco India Arbitrage Fund Direct Plan Growth Option has given 8.17% return, outperforming this fund by 0.71%.
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In the last 3 years, Invesco India Arbitrage Fund Direct Plan Growth Option has given 5.93% return, outperforming this fund by 1.01% per annum.

About the JM Arbitrage Fund (Direct) - Growth Option

JM Arbitrage Fund (Direct) - Growth Option is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Asit Bhandarkar, Gurvinder Wasan. This fund gives you the benefit of diversification.

Key Parameters

  1. JM Arbitrage Fund (Direct) - Growth Option has ₹119 Cr worth of assets under management (AUM) as on Oct 2023 and is less than category average.
  2. The fund has an expense ratio 0.3.

JM Arbitrage Fund (Direct) - Growth Option Overview

Expense ratio
Expense ratio
0.34%
Benchmark
Benchmark
NIFTY 50 Arbitrage TR INR
AUM
AUM
₹119 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/₹100
Exit Load
Exit Load
0.5%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
1626.12%

JM Arbitrage Fund (Direct) - Growth Option Distribution as on (31-Oct-23)

  • Debt & Cash 100%

Credit rating breakup

AAA
59.9%
AA
40.1%
Sector Allocation

Oct'23

Sep'23

Aug'23

Cash Equivalent
91.4%
Corporate
6.9%
Government
1.7%

Top Holdings of JM Arbitrage Fund (Direct) - Growth Option as on (30-Nov-23)

  • Equity

  • Debt & Cash

Equity Holdings44
Debt Holdings9

JM Arbitrage Fund (Direct) - Growth Option: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Oct'23
Sep'23
Aug'23
AUM
₹ 118.8 Cr
₹ 124.2 Cr
₹ 119.2 Cr
  • AUM of the fund stands at 118.8 Cr as of Oct'23
  • AUM decreased by 5.4 Cr between Oct'23 and Sep'23
Fund Portfolio Changes

JM Arbitrage Fund (Direct) - Growth Option Fund Manager

Asit Bhandarkar
Asit Bhandarkar
Fund Manager of JM Arbitrage Fund (Direct) - Growth Option, since 1 August 2014
Gurvinder Wasan
Gurvinder Wasan
Fund Manager of JM Arbitrage Fund (Direct) - Growth Option, since 1 December 2022

JM Arbitrage Fund (Direct) - Growth Option Highlights

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Low Risk

Investors understand that their principal will be at Low Risk
About the fund

About the fund

This fund has delivered an average annual returns of 6.26% since inception which is more than its category average return of 4.98%
AUM size ₹119 Cr

AUM size ₹119 Cr

This fund has AUM of ₹119 Cr which is less than its category average of ₹ 4293 Cr
Expense Ratio 0.34%

Expense Ratio 0.34%

This fund has an expense ratio of 0.34% which is less than its category average expense ratio of 0.71%

Frequently Asked Questions

The current NAV of JM Arbitrage Fund (Direct) - Growth Option is ₹31 as on 01-Dec-2023.
Existing (Absolute + CAGR) as on 01-Dec-2023.
JM Arbitrage Fund (Direct) - Growth Option
Absolute Returns
CAGR Returns
1 Month Returns
0.43%
0.43%
6 Month Returns
3.72%
3.72%
1 Year Returns
7.45%
7.45%
3 Years Returns
15.51%
4.92%
5 Years Returns
25.8%
4.7%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.34% as on November 2023
₹119 Cr as on November 2023
JM Liquid Dir Gr(10.87%), HDFC Bank Ltd(8.96%), Vodafone Idea Ltd(8.14%), Reliance Industries Ltd(6.5%), LIC Housing Finance Ltd(5.49%) as on November 2023
Cash Equivalent(91.41%), Corporate(6.86%), Government(1.73%) as on November 2023
AAA
59.89
AA
40.11
Asit Bhandarkar, Gurvinder Wasan are the fund managers of JM Arbitrage Fund (Direct) - Growth Option
The Exit load of JM Arbitrage Fund (Direct) - Growth Option is 0.5%