JM Arbitrage Fund (Direct) Quarterly Payout of Income Distribution cum capital withdrawal
Hybrid
Direct
Arbitrage Fund
NAV: ₹ 15.21 as on 22-04-2024
Fund Performance
About the JM Arbitrage Fund (Direct) Quarterly Payout of Income Distribution cum capital withdrawal
JM Arbitrage Fund (Direct) Quarterly Payout 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) Quarterly Payout of Income Distribution cum capital withdrawal 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 Payout of Income Distribution cum capital withdrawal Overview
 | 0.32% |
 Benchmark | NIFTY 50 Arbitrage TR INR |
 | ₹127 Cr |
 | 27 July, 2015 |
 | ₹1000/₹100 |
 Exit Load | 0.5% |
 | No Lock-in |
 TurnOver | 538.14% |
JM Arbitrage Fund (Direct) Quarterly Payout of Income Distribution cum capital withdrawal 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 Payout of Income Distribution cum capital withdrawal as on (31-Mar-24)
Equity Holdings55
Debt Holdings8
JM Arbitrage Fund (Direct) Quarterly Payout 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 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 Payout of Income Distribution cum capital withdrawal Fund Manager
Asit Bhandarkar
Fund Manager of JM Arbitrage Fund (Direct) Quarterly Payout of Income Distribution cum capital withdrawal, since 1 August 2014
Top funds managed
Gurvinder Wasan
Fund Manager of JM Arbitrage Fund (Direct) Quarterly Payout of Income Distribution cum capital withdrawal, since 1 December 2022
Top funds managed
JM Arbitrage Fund (Direct) Quarterly Payout of Income Distribution cum capital withdrawal 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 5.52% 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 Payout of Income Distribution cum capital withdrawal is ₹15.21 as on 22-Apr-2024.
Existing (Absolute + CAGR) as on 22-Apr-2024.
JM Arbitrage Fund (Direct) Quarterly Payout of Income Distribution cum capital withdrawal | Absolute Returns | CAGR Returns |
1 Month Returns | 0.78% | 0.78% |
6 Month Returns | 3.96% | 3.96% |
1 Year Returns | 8.03% | 8.03% |
3 Years Returns | 18.18% | 5.73% |
5 Years Returns | 27.37% | 4.96% |
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 |
Asit Bhandarkar, Gurvinder Wasan are the fund managers of JM Arbitrage Fund (Direct) Quarterly Payout of Income Distribution cum capital withdrawal
The Exit load of JM Arbitrage Fund (Direct) Quarterly Payout of Income Distribution cum capital withdrawal is 0.5%