Mutual Funds
AMC
NJ Arbitrage Fund - Direct (G)

NJ Arbitrage Fund - Direct (G)

NAV
12.54(0.03%)
Fund Size (CR)
₹261.81
Expense Ratio
0.26
Scheme Type
Active Fund
Value Research

Min. investment
₹5,000
Minimum Additional Investment
₹500
Minimum SIP Investment
₹100
Minimum Withdrawal
₹1
Exit Load
1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment
0%
Return Since Launch
6.96%

Absolute Return: 1.47%

Annualized Return: 0%

1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment

Basic Details

Scheme Manager

Viral Shah

Bench Mark

Nifty 50 Arbitrage TRI

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	5 December 2025	10007.82	0.08%	-	0.08%	108/174
1 Month	12 November 2025	10058.14	0.58%	-	0.56%	56/170
3 Month	12 September 2025	10144.86	1.45%	-	1.48%	89/166
6 Month	12 June 2025	10290.09	2.90%	-	2.87%	77/164
1 Year	12 December 2024	10633.81	6.34%	6.34%	6.51%	97/156
3 Year	12 December 2022	12337.85	23.38%	7.25%	7.26%	69/142
5 Year	-	-	-	-	-	-/-
Since Inception	1 August 2022	12542.90	25.43%	6.96%	5.63%	14/174

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	1 January 2025	1,20,000	123483.61	2.90%	2.90%
3 Year	2 January 2023	3,60,000	397908.79	10.53%	3.39%
5 Year	-	-	-	-	-
10 Year	-	-	-	-	-

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

Investment type
Scheme based

SIP
Lumpsum

Monthly Investment (₹)

Minimum value allowed is 500

Expected Returns Rate (%)

Minimum value allowed is 1

Time Period (in Years)

Minimum value allowed is 1

Start your SIP now

Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

0.12%

Standard Deviation

0.71%

Beta

3.24%

Sharpe Ratio

-1.70%

Treynor's Ratio

0.04%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
HDFC Bank	8.89%	231000	23.28	Equity	Banks
Reliance Industr	8.59%	143500	22.49	Equity	Refineries
Bank of Baroda	8.39%	757575	21.95	Equity	Banks
Kotak Mah. Bank	8.02%	98800	20.99	Equity	Banks
Bajaj Finance	5.38%	135750	14.08	Equity	Finance
United Spirits	4.88%	88000	12.77	Equity	Alcoholic Beverages
Adani Enterp.	4.74%	54384	12.40	Equity	Trading
Punjab Natl.Bank	3.77%	792000	9.86	Equity	Banks
SBI	3.45%	92250	9.03	Equity	Banks
Bharti Airtel	3.32%	41325	8.68	Equity	Telecom-Service

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
NJ Arbitrage Fund - Direct (G)	261.81	0.58%	1.45%	2.90%	6.34%	7.25%
Bandhan Arbitrage - Direct (IDCW-M)	8882.35	0.55%	2.04%	3.50%	7.51%	7.98%
WhiteOak Capital Arbitrage Fund - Direct (G)	822.06	0.61%	1.64%	3.22%	7.44%	-
ITI Arbitrage Fund - Direct (G)	50.35	0.53%	1.54%	3.06%	7.19%	7.48%
ITI Arbitrage Fund - Direct (IDCW)	50.35	0.53%	1.54%	3.06%	7.19%	7.48%
Aditya Birla SL Arbitrage Fund - Dir (G)	25267.35	0.61%	1.62%	3.13%	7.19%	7.87%

List of Schemes under NJ Mutual Fund

Fund Name	Category	Risk	1Y Returns	Ratings	Fund Size (Cr)
NJ ELSS Tax Saver Scheme	Equity	Very High	-2.95%	0	₹311.84
NJ Overnight Fund	Debt	Low	5.82%	2	₹289.94
NJ Balanced Advantage Fund	Hybrid	Moderately High	1.48%	2	₹3,755.48
NJ Arbitrage Fund	Hybrid	Low	6.34%	2	₹261.81
NJ Flexi Cap Fund	Equity	Very High	-4.02%	0	₹2,482.28

News

NJ Mutual Fund announces Appointment of Key Personnel
NJ Mutual Fund has announced the appointment of Mr. Manav Ravi Shah as Research Analyst with effect from July 21, 2025:
Details of Mr. Manav Ravi Shah
Age: 21 years
Designation: Research Analyst
Qualification: Bachelors in Accounts and Finance and CFA Level 1 completed
Powered by Capital Market - Live News

Fund House Details & Investment Objective

Date of Incorporation

29 July 2022

Total AUM (Cr)

₹261.81

NJ Arbitrage Fund - Direct (G) is an Arbitrage Fund-oriented fund from the renowned AMC, NJ Mutual Fund. Launched in 29 July 2022, this fund is managed by Viral Shah. With assets under management (AUM) worth ₹261.81 (Cr), as of 12 December 2025, NJ Arbitrage Fund - Direct (G) is categorized as a Arbitrage Fund within its segment. The fund has generated a return of 6.96% since its launch.
The current NAV of NJ Arbitrage Fund - Direct (G) is ₹12.54, as on 12 December 2025. The fund's benchmark index is Nifty 50 Arbitrage TRI. You can invest in NJ Arbitrage Fund - Direct (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹5,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
The fund has generated 7.25% and undefined% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 83.34% in Equity, 14.84% in Debt and 1.81% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 37.75% in Banks, 14.18% in Debt, 7.91% in Petroleum Products, 6.12% in Finance, 5.00% in Metals & Minerals Trading