JM Arbitrage Fund (Direct) - Quarterly Bonus Option - Principal Units
Hybrid
Direct
Arbitrage Fund
NAV: ₹ 32.06 as on 18-04-2024
Fund Performance
About the JM Arbitrage Fund (Direct) - Quarterly Bonus Option - Principal Units
JM Arbitrage Fund (Direct) - Quarterly Bonus Option - Principal Units is a hybrid fund. This fund was started on 15 December, 2014. The fund is managed by Gurvinder Wasan, Asit Bhandarkar. This fund gives you the benefit of diversification.
Key Parameters
- JM Arbitrage Fund (Direct) - Quarterly Bonus Option - Principal Units has ₹127 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.3.
JM Arbitrage Fund (Direct) - Quarterly Bonus Option - Principal Units Overview
 | 0.32% |
 Benchmark | NIFTY 50 Arbitrage TR INR |
 | ₹127 Cr |
 | 15 December, 2014 |
 | --/-- |
 Exit Load | 0.5% |
 | No Lock-in |
 TurnOver | 538.14% |
JM Arbitrage Fund (Direct) - Quarterly Bonus Option - Principal Units Distribution as on (31-Mar-24)
Credit rating breakup
AAA
100%
Sector Allocation
Cash Equivalent
95.8%
Corporate
2.2%
Government
2%
Top Holdings of JM Arbitrage Fund (Direct) - Quarterly Bonus Option - Principal Units as on (31-Mar-24)
Equity Holdings55
Debt Holdings8
JM Arbitrage Fund (Direct) - Quarterly Bonus Option - Principal Units: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 126.7 Cr as of Mar'24
- AUM increased by 17.1 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
JM Arbitrage Fund (Direct) - Quarterly Bonus Option - Principal Units Fund Manager
Gurvinder Wasan
Fund Manager of JM Arbitrage Fund (Direct) - Quarterly Bonus Option - Principal Units, since 1 December 2022
Top funds managed
Asit Bhandarkar
Fund Manager of JM Arbitrage Fund (Direct) - Quarterly Bonus Option - Principal Units, since 1 August 2014
Top funds managed
JM Arbitrage Fund (Direct) - Quarterly Bonus Option - Principal Units 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 5.77% since inception which is more than its category average return of 5.18%
AUM size ₹127 Cr
This fund has AUM of ₹127 Cr which is less than its category average of ₹ 5953 Cr
Expense Ratio 0.32%
This fund has an expense ratio of 0.32% which is less than its category average expense ratio of 0.71%
Frequently Asked Questions
The current NAV of JM Arbitrage Fund (Direct) - Quarterly Bonus Option - Principal Units is ₹32.06 as on 18-Apr-2024.
Existing (Absolute + CAGR) as on 18-Apr-2024.
JM Arbitrage Fund (Direct) - Quarterly Bonus Option - Principal Units | Absolute Returns | CAGR Returns |
1 Month Returns | 0.81% | 0.81% |
6 Month Returns | 4.1% | 4.1% |
1 Year Returns | 8.08% | 8.08% |
3 Years Returns | 18.26% | 5.75% |
5 Years Returns | 27.45% | 4.97% |
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.
0.32% as on March 2024
₹127 Cr as on March 2024
JM Liquid Dir Gr(6.44%), HDFC Bank Ltd(5.28%), Larsen & Toubro Ltd(4.37%), Reliance Industries Ltd(4.16%), Vedanta Ltd(3.4%) as on March 2024
Cash Equivalent(95.8%), Corporate(2.25%), Government(1.96%) as on March 2024
AAA | 100 |
Gurvinder Wasan, Asit Bhandarkar are the fund managers of JM Arbitrage Fund (Direct) - Quarterly Bonus Option - Principal Units
The Exit load of JM Arbitrage Fund (Direct) - Quarterly Bonus Option - Principal Units is 0.5%