JM Arbitrage Fund (Direct) Half Yearly Reinvestment of Income Distribution cum capital withdrawal
Hybrid
Direct
Arbitrage Fund
NAV: ₹ 14.1 as on 27-09-2023
Fund Performance
About the Fund
JM Arbitrage Fund (Direct) Half Yearly Reinvestment of Income Distribution cum capital withdrawal is a hybrid fund. This fund was started on 27 July, 2015. The fund is managed by Asit Bhandarkar, Gurvinder Wasan. This fund gives you the benefit of diversification.
Key Parameters
- JM Arbitrage Fund (Direct) Half Yearly Reinvestment of Income Distribution cum capital withdrawal has ₹119 Cr worth of assets under management (AUM) as on Aug 2023 and is less than category average.
- The fund has an expense ratio 0.4.
JM Arbitrage Fund (Direct) Half Yearly Reinvestment of Income Distribution cum capital withdrawal Overview
 | 0.35% |
 Benchmark | NIFTY 50 Arbitrage TR INR |
 | ₹119 Cr |
 | 27 July, 2015 |
 | ₹1000/₹100 |
 Exit Load | 0.5% |
 | No Lock-in |
 TurnOver | 1626.12% |
Fund Distribution as on (31-Aug-23)
Credit rating breakup
AAA
54.5%
AA
45.5%
Sector Allocation
Cash Equivalent
88.6%
Corporate
9.6%
Government
1.9%
Top Holdings of JM Arbitrage Fund (Direct) Half Yearly Reinvestment of Income Distribution cum capital withdrawal as on (31-Aug-23)
Equity Holdings41
Debt Holdings7
JM Arbitrage Fund (Direct) Half Yearly Reinvestment of Income Distribution cum capital withdrawal: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 119.2 Cr as of Aug'23
- AUM increased by 6.3 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Peer Analysis
JM Arbitrage Fund (Direct) Half Yearly Reinvestment of Income Distribution cum capital withdrawal Fund Manager
Asit Bhandarkar
Fund Manager of JM Arbitrage Fund (Direct) Half Yearly Reinvestment of Income Distribution cum capital withdrawal, since 1 August 2014
Top funds managed
Gurvinder Wasan
Fund Manager of JM Arbitrage Fund (Direct) Half Yearly Reinvestment of Income Distribution cum capital withdrawal, since 1 December 2022
Top funds managed
Fund Highlights
Low Risk
Investors understand that their principal will be at Low Risk
About the fund
This fund has delivered an average annual returns of 5.36% since inception which is more than its category average return of 4.96%
AUM size ₹119 Cr
This fund has AUM of ₹119 Cr which is less than its category average of ₹ 3775 Cr
Expense Ratio 0.35%
This fund has an expense ratio of 0.35% which is less than its category average expense ratio of 0.71%
Frequently Asked Questions
The current NAV of JM Arbitrage Fund (Direct) Half Yearly Reinvestment of Income Distribution cum capital withdrawal is ₹14.15 as on 27-Sep-2023.
Existing (Absolute + CAGR) as on 27-Sep-2023.
JM Arbitrage Fund (Direct) Half Yearly Reinvestment of Income Distribution cum capital withdrawal | Absolute Returns | CAGR Returns |
1 Month Returns | 0.54% | 0.54% |
6 Month Returns | 3.84% | 3.84% |
1 Year Returns | 7.1% | 7.1% |
3 Years Returns | 14.57% | 4.64% |
5 Years Returns | 25.68% | 4.68% |
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.
0.35% as on August 2023
₹119 Cr as on August 2023
JM Liquid Dir Gr(10.71%), HDFC Bank Ltd(8.56%), Bandhan Bank Ltd(5.83%), LIC Housing Finance Ltd(5.33%), Muthoot Finance Limited(4.19%) as on August 2023
Cash Equivalent(88.55%), Corporate(9.56%), Government(1.89%) as on August 2023
AAA | 54.5 |
AA | 45.5 |
Asit Bhandarkar, Gurvinder Wasan are the fund managers of JM Arbitrage Fund (Direct) Half Yearly Reinvestment of Income Distribution cum capital withdrawal
The Exit load of JM Arbitrage Fund (Direct) Half Yearly Reinvestment of Income Distribution cum capital withdrawal is 0.5%