NJ Arbitrage Fund Direct Growth
Hybrid
Direct
Arbitrage Fund
NAV: ₹ 11.29 as on 24-04-2024
Fund Performance
8 people have invested ₹ 1.9L in NJ Arbitrage Fund Direct Growth in the last three months
About the NJ Arbitrage Fund Direct Growth
NJ Arbitrage Fund Direct Growth is a hybrid fund. This fund was started on 1 August, 2022. The fund is managed by . This fund gives you the benefit of diversification.
Key Parameters
- NJ Arbitrage Fund Direct Growth has ₹362 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.
NJ Arbitrage Fund Direct Growth Overview
 | 0.29% |
 Benchmark | NIFTY 50 Arbitrage TR INR |
 | ₹362 Cr |
 | 1 August, 2022 |
 | ₹5000/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 86.89% |
NJ Arbitrage Fund Direct Growth Distribution as on (31-Mar-24)
Credit rating breakup
AAA
100%
Sector Allocation
Cash Equivalent
97.3%
Government
2.7%
Top Holdings of NJ Arbitrage Fund Direct Growth as on (31-Mar-24)
Equity Holdings67
Debt Holdings8
NJ Arbitrage Fund Direct Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 358.4 Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
NJ Arbitrage Fund Direct Growth 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 7.29% since inception which is more than its category average return of 5.18%
AUM size ₹362 Cr
This fund has AUM of ₹362 Cr which is less than its category average of ₹ 5953 Cr
Expense Ratio 0.29%
This fund has an expense ratio of 0.29% which is less than its category average expense ratio of 0.71%
Frequently Asked Questions
The current NAV of NJ Arbitrage Fund Direct Growth is ₹11.29 as on 24-Apr-2024.
Existing (Absolute + CAGR) as on 24-Apr-2024.
NJ Arbitrage Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.88% | 0.88% |
6 Month Returns | 3.93% | 3.93% |
1 Year Returns | 8.03% | 8.03% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
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.
0.29% as on March 2024
₹362 Cr as on March 2024
HDFC Bank Ltd(8.2%), Reliance Industries Ltd(6.87%), ITC Ltd(4.27%), State Bank of India(4.14%), Adani Enterprises Ltd(3.97%) as on March 2024
Cash Equivalent(97.89%), Government(2.7%), Utilities(-0.01%) as on March 2024
AAA | 100 |
The Exit load of NJ Arbitrage Fund Direct Growth is 1%