JM Arbitrage Fund (Direct) Quarterly Reinvestment of Income Distribution cum capital withdrawal

JM Arbitrage Fund (Direct) Quarterly Reinvestment of Income Distribution cum capital withdrawal

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Hybrid
Direct
Arbitrage Fund
NAV: ₹ 15.29 as on 17-05-2024

About the Fund

JM Arbitrage Fund (Direct) Quarterly 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

  1. JM Arbitrage Fund (Direct) Quarterly Reinvestment of Income Distribution cum capital withdrawal has ₹140 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
  2. The fund has an expense ratio 0.4.
Fund Performance

Overview

Expense ratio
Expense ratio
0.37%
Benchmark
Benchmark
NIFTY 50 Arbitrage TR INR
AUM
AUM
₹140 Cr
Inception Date
Inception Date
27 July, 2015
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/₹100
Exit Load
Exit Load
0.5%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
538.14%

JM Arbitrage Fund (Direct) Quarterly Reinvestment of Income Distribution cum capital withdrawal Distribution as on (30-Apr-24)

  • Debt & Cash 100%

Credit rating breakup

AAA
100%
Sector Allocation

Apr'24

Mar'24

Feb'24

Cash Equivalent
90.5%
Government
7.1%
Corporate
2.4%

Top Holdings of JM Arbitrage Fund (Direct) Quarterly Reinvestment of Income Distribution cum capital withdrawal as on (30-Apr-24)

  • Equity

  • Debt & Cash

Equity Holdings52
Debt Holdings6

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 139.7 Cr
₹ 126.7 Cr
₹ 109.6 Cr
  • AUM of the fund stands at 139.7 Cr as of Apr'24
  • AUM increased by 13 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Fund Manager

Asit Bhandarkar
Asit Bhandarkar
Fund Manager of JM Arbitrage Fund (Direct) Quarterly Reinvestment of Income Distribution cum capital withdrawal, since 1 August 2014
Gurvinder Wasan
Gurvinder Wasan
Fund Manager of JM Arbitrage Fund (Direct) Quarterly Reinvestment of Income Distribution cum capital withdrawal, since 1 December 2022

JM Arbitrage Fund (Direct) Quarterly Reinvestment of Income Distribution cum capital withdrawal Highlights

Risk meter
pointer

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 5.54% since inception which is more than its category average return of 5.21%
AUM size ₹140 Cr

AUM size ₹140 Cr

This fund has AUM of ₹140 Cr which is less than its category average of ₹ 6327 Cr
Expense Ratio 0.37%

Expense Ratio 0.37%

This fund has an expense ratio of 0.37% which is less than its category average expense ratio of 0.71%

Frequently Asked Questions

The current NAV of JM Arbitrage Fund (Direct) Quarterly Reinvestment of Income Distribution cum capital withdrawal is ₹15.29 as on 17-May-2024.
Existing (Absolute + CAGR) as on 17-May-2024.
JM Arbitrage Fund (Direct) Quarterly Reinvestment of Income Distribution cum capital withdrawal
Absolute Returns
CAGR Returns
1 Month Returns
0.61%
0.61%
6 Month Returns
4.11%
4.11%
1 Year Returns
8.02%
8.02%
3 Years Returns
18.62%
5.86%
5 Years Returns
27.41%
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.
0.37% as on April 2024
₹140 Cr as on April 2024
JM Liquid Dir Gr(8.03%), Sun TV Network Ltd(6.12%), HDFC Bank Ltd(4.43%), Vedanta Ltd(4.19%), Reliance Industries Ltd(3.88%) as on April 2024
Cash Equivalent(90.46%), Government(7.14%), Corporate(2.41%) as on April 2024
AAA
100
Asit Bhandarkar, Gurvinder Wasan are the fund managers of JM Arbitrage Fund (Direct) Quarterly Reinvestment of Income Distribution cum capital withdrawal
The Exit load of JM Arbitrage Fund (Direct) Quarterly Reinvestment of Income Distribution cum capital withdrawal is 0.5%