JM Arbitrage Fund (Direct) - Quarterly Bonus Option - Principal Units

Hybrid

JM Financial Mutual Fund

Arbitrage Fund

Get the latest NAV of JM Arbitrage Fund (Direct) - Quarterly Bonus Option - Principal Units. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹33.88

NAV as on 27 Jan 2025

5.89%/per year

Since Inception

Absolute Gain%

▲▼

Fund Performance

as on (27-Jan-25)

Period	This Fund	Arbitrage Fund Index
1 Month	0.65%	0.68%
3 Months	1.85%	1.73%
6 Months	3.63%	3.23%
1 Year	7.7%	6.75%
3 Years	6.73%	6.79%
5 Years	5.23%	5.53%

Peer comparison

Fund Name	INDmoney Rank	AUM (in Crs.)	Expense Ratio	1Y Returns	3Y Returns	Inception Returns
JM Arbitrage Fund (Direct) - Quarterly Bonus Option - Principal Units	-	195Cr	0.39%	7.7%	6.73%	5.89%
SBI Arbitrage Opportunities Fund Reinvestment Inc Dist cum Cap Wdrl Direct Growth	-	32,169Cr	0.41%	7.94%	7.14%	6.19%
Invesco India Arbitrage Fund Payout of Income Dist cum Capital Wtdrl Direct Growth	-	18,674Cr	0.39%	8.16%	7.47%	6.68%
Bandhan Arbitrage Fund Payout of Income Distribution cum Capital Wdrl Opt Direct Growth	-	7,509Cr	0.37%	-1.8%	3.7%	4.76%

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JM Arbitrage Fund (Direct) - Quarterly Bonus Option - Principal Units Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

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JM Arbitrage Fund (Direct) - Quarterly Bonus Option - Principal Units Asset Allocation

See fund asset allocation details as on (14-Jun-25)

Fund Distribution

as on (14-Jun-25)

Debt & Cash 100%

AAA

79.8%

20.2%

JM Arbitrage Fund (Direct) - Quarterly Bonus Option - Principal Units Sector Allocation

See fund sector allocation details as on (14-Jun-25)

Sector Allocation

Debt & Cash 100%

Cash Equivalent

98.8%

Government

1.2%

Top 3 Sectors in May were Financial Services, Consumer Cyclical & Tech

May'25

Financial Services

28%

Tech

12%

Basic Materials

10%

Apr'25

Financial Services

25%

Consumer Cyclical

13%

Tech

11%

JM Arbitrage Fund (Direct) - Quarterly Bonus Option - Principal Units Holdings Details

as on (31-May-25)

Equity

Debt & Cash

Holdings	Weight%	1M Change
Infosys Ltd	3.31%	0%
HDFC Bank Ltd	3.3%	46.3%
Tata Consultancy Services Ltd	2.87%	0%
Reliance Industries Ltd	2.59%	0%
Tata Motors Ltd	2.44%	0%

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JM Arbitrage Fund (Direct) - Quarterly Bonus Option - Principal Units Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio	0.39%
Benchmark	NIFTY 50 Arbitrage TR INR
AUM	₹195 Cr
Inception Date	15 December, 2014
Min Lumpsum/SIP	--/--
Exit Load	0.5%
Lock In	No Lock-in
TurnOver	541.36%
STCG	Selling mutual fund before 1 year, returns taxed at 20%.
LTCG	After 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk	Low Risk

About 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 Asit Bhandarkar. This fund gives you the benefit of diversification.

Key Parameters

JM Arbitrage Fund (Direct) - Quarterly Bonus Option - Principal Units has ₹195 Cr worth of assets under management (AUM) as on May 2025 and is more than category average.
The fund has an expense ratio 0.4.

Returns

JM Arbitrage Fund (Direct) - Quarterly Bonus Option - Principal Units has given a CAGR return of 5.89% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.70%, 6.73% and 5.23% respectively.

Holdings

JM Arbitrage Fund (Direct) - Quarterly Bonus Option - Principal Units has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Basic Materials, Consumer Cyclical, Energy, Communication, Health, Utilities, Industrial, Government, Corporate, Real Estate, Consumer Defensive.

Taxation

As it is a arbitrage fund mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of JM Arbitrage Fund (Direct) - Quarterly Bonus Option - Principal Units

The investment objective of the Scheme is to generate income through arbitrage opportunities emerging out of mispricing between the cash market and the derivatives market and through deployment of surplus cash in fixed income instruments. There can be no assurance that the investment objective of the scheme will be realized. The scheme does not guarantee/ indicate any returns. Investors are required to read all the scheme related information set out in this document carefully

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 0.00 and for SIP is INR 0.00. JM Arbitrage Fund (Direct) - Quarterly Bonus Option - Principal Units has no lock in period.

Fund Manager

Asit Bhandarkar

Fund Manager of JM Arbitrage Fund (Direct) - Quarterly Bonus Option - Principal Units, since 18 July 2014

Learn more about JM Financial Mutual Fund

Parameters	May'25	Apr'25	Mar'25
AUM	₹ 194.6 Cr	₹ 194.4 Cr	₹ 186.6 Cr

AUM of the fund stands at 194.6 Cr as of May'25
AUM increased by 0.1 Cr between May'25 and Apr'25

More funds from JM Financial

JM Aggressive Hybrid Fund (Direct) - Growth Option

5Y CAGR

▲ 28.48

JM Arbitrage Fund (Direct) - Growth Option

5Y CAGR

▲ 5.51

Frequently Asked Questions for JM Arbitrage Fund (Direct) - Quarterly Bonus Option - Principal Units

How do I invest in JM Arbitrage Fund (Direct) - Quarterly Bonus Option - Principal Units?

INDmoney makes it simple to invest in the JM Arbitrage Fund (Direct) - Quarterly Bonus Option - Principal Units. To do so, follow the steps below:

Download the INDmoney app.
Search for ‘JM Arbitrage Fund (Direct) - Quarterly Bonus Option - Principal Units’.
Select whether you want to invest in SIP or lump sum.
Enter the amount you wish to invest.
Set up payments via bank mandate or UPI.

What is the current NAV of JM Arbitrage Fund (Direct) - Quarterly Bonus Option - Principal Units?

The NAV of the fund today is ₹33.88. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

JM Arbitrage Fund (Direct) - Quarterly Bonus Option - Principal Units fund has generated a return of 7.70% in 1 year, 6.73% in 3 years, 5.23% in 5 years.

Who is the fund manager of JM Arbitrage Fund (Direct) - Quarterly Bonus Option - Principal Units?

The fund managers are Asit Bhandarkar.

What is the exit load of the fund?

The exit load is 0.5% if redeemed in 0-30 Days. Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.39%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹195 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of JM Arbitrage Fund (Direct) - Quarterly Bonus Option - Principal Units?

The top 3 holdings of the fund are JM Liquid Dir Gr(7.05%), Infosys Ltd(3.31%), HDFC Bank Ltd(3.3%)