JM Arbitrage Fund (IDCW-M)
Arbitrage FundNAV
13.58(-0.01%)Fund Size (CR)
₹382.55Expense Ratio
2.15Scheme Type
Active FundValue Research
-
Min. investment
₹1,000Minimum Additional Investment
₹100Minimum SIP Investment
₹100Minimum Withdrawal
₹500Exit Load
0.5%Return Since Launch
4.95%
Basic Details
Scheme Manager
Asit Bhandarkar
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 | July 15, 2026 | 10011.62 | 0.12% | - | 0.14% | 160/180 |
| 1 Month | June 22, 2026 | 10050.21 | 0.50% | - | 0.54% | 143/180 |
| 3 Month | April 22, 2026 | 10135.87 | 1.36% | - | 1.48% | 152/176 |
| 6 Month | January 22, 2026 | 10279.52 | 2.80% | - | 3.12% | 151/168 |
| 1 Year | July 22, 2025 | 10562.21 | 5.62% | 5.62% | 6.19% | 140/157 |
| 3 Year | July 21, 2023 | 12045.22 | 20.45% | 6.39% | 6.99% | 128/135 |
| 5 Year | July 22, 2021 | 13124.41 | 31.24% | 5.59% | 6.14% | 121/133 |
| Since Inception | July 27, 2015 | 17000.78 | 70.01% | 4.95% | 5.63% | 144/180 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | August 1, 2025 | 1,20,000 | 162191.19 | 35.16% | 35.16% |
| 3 Year | August 1, 2023 | 3,60,000 | 517352.07 | 43.71% | 12.85% |
| 5 Year | August 2, 2021 | 6,00,000 | 917370.30 | 52.90% | 8.86% |
| 10 Year | August 1, 2016 | 12,00,000 | 1834797.33 | 52.90% | 4.34% |
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%.
Risk Ratios
0.13%
Standard Deviation
0.72%
Beta
1.66%
Sharpe Ratio
-0.43%
Treynor's Ratio
-0.56%
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 | 4.98% | 238550 | 19.04 | Equity | Banks |
| ICICI Bank | 3.93% | 109200 | 15.02 | Equity | Banks |
| Kotak Mah. Bank | 3.90% | 380000 | 14.91 | Equity | Banks |
| Reliance Industr | 3.65% | 108000 | 13.97 | Equity | Refineries |
| Vodafone Idea | 3.46% | 9148800 | 13.23 | Equity | Telecom-Service |
| Eternal | 2.72% | 392850 | 10.39 | Equity | E-Commerce/App based Aggregator |
| Tata Steel | 2.69% | 547250 | 10.29 | Equity | Steel |
| Bharti Airtel | 2.23% | 46075 | 8.53 | Equity | Telecom-Service |
| Eicher Motors | 2.14% | 11600 | 8.21 | Equity | Automobile |
| Yes Bank | 2.01% | 3172200 | 7.67 | Equity | Banks |
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Quant Arbitrage Fund - Direct (G) | 553.39 | 0.70% | 1.89% | 3.79% | 7.58% | - | |
| Quant Arbitrage Fund - Direct (IDCW) | 553.39 | 0.69% | 1.88% | 3.74% | 7.48% | - | |
| Bandhan Arbitrage - Direct (IDCW-M) | 8189.71 | 0.58% | 1.88% | 3.61% | 7.31% | 7.76% | |
| WhiteOak Capital Arbitrage Fund - Direct (G) | 1595.93 | 0.71% | 1.77% | 3.62% | 7.08% | - | |
| Baroda BNP Paribas Arbitrage Fund - Dir (IDCW-Q) | 1146.77 | 1.14% | 2.09% | 3.82% | 7.07% | 7.65% |
List of Schemes under JM Financial Mutual Fund
| Fund Name | Category | Risk | 1Y Returns | Ratings | Fund Size (Cr) |
|---|---|---|---|---|---|
| JM Arbitrage Fund | Hybrid | Low | 6.33% | 2 | ₹382.55 |
| JM Aggressive Hybrid Fund | Hybrid | Very High | -2.81% | 5 | ₹692.05 |
| JM Value Fund | Equity | Very High | -6.44% | 3 | ₹0.00 |
| JM Focused Fund | Equity | Very High | 2.59% | 3 | ₹286.30 |
| JM Large Cap Fund | Equity | Very High | 0.38% | 4 | ₹409.12 |
| JM Dynamic Bond Fund | Debt | Moderate | 3.44% | 3 | ₹53.21 |
| JM Liquid Fund | Debt | Moderate | 6.26% | 2 | ₹2,269.99 |
| JM Medium to Long Duration Fund | Debt | Moderate | 3.33% | 3 | ₹30.13 |
| JM Low Duration Fund | Debt | Moderately Low | 6.12% | 3 | ₹220.89 |
| JM Flexicap Fund | Equity | Very High | -0.26% | 4 | ₹5,177.88 |
| JM ELSS Tax Saver Fund | Equity | Very High | 4.93% | 4 | ₹0.00 |
| JM Overnight Fund | Debt | Low | 5.18% | 2 | ₹114.68 |
| JM Liquid Fund | Debt | Moderate | 0% | 0 | ₹2,269.99 |
| JM Liquid Fund | Debt | Moderate | 0% | 0 | ₹2,269.99 |
| JM Overnight Fund | Debt | Low | 4.92% | 0 | ₹114.68 |
| JM Overnight Fund | Debt | Low | 0% | 0 | ₹114.68 |
| JM Overnight Fund | Debt | Low | 5.18% | 0 | ₹114.68 |
| JM Overnight Fund | Debt | Low | 0% | 0 | ₹114.68 |
| JM Short Duration Fund | Debt | Moderate | 5.14% | 2 | ₹78.74 |
| JM Midcap Fund | Equity | Very High | 8.46% | 0 | ₹1,274.52 |
| JM Small Cap Fund | Equity | Very High | 11.73% | 0 | ₹809.39 |
| JM Large & Mid Cap Fund | Equity | Very High | 0% | 0 | ₹435.38 |
News
JM Financial Mutual Fund announces Ceasation of Key Personnel
JM Financial Mutual Fund announces that Mr. Bhavin Hemani, Equity Dealer, has resigned from the services of JM Financial Asset Management Limited ('the AMC') from the close of business hours on Thursday, June 25, 2026. Consequently, he ceases to be the Equity Dealer and Key Personnel of the AMC.Powered by Capital Market - Live News
Fund House Details & Investment Objective
Date of Incorporation
July 27, 2015
Total AUM (Cr)
₹382.55
JM Arbitrage Fund (IDCW-M) is an Arbitrage Fund-oriented fund from the renowned AMC, JM Financial Mutual Fund. Launched in July 27, 2015, this fund is managed by Asit Bhandarkar. With assets under management (AUM) worth ₹382.55 (Cr), as of July 23, 2026, JM Arbitrage Fund (IDCW-M) is categorized as a Arbitrage Fund within its segment. The fund has generated a return of 4.95% since its launch.
The current NAV of JM Arbitrage Fund (IDCW-M) is ₹13.58, as on July 23, 2026. The fund's benchmark index is Nifty 50 Arbitrage TRI. You can invest in JM Arbitrage Fund (IDCW-M) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹1,000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
The fund has generated 6.39% and 5.59% 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 78.58% in Equity, 13.03% in Debt and 8.39% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 24.72% in Debt, 20.48% in Banks, 5.86% in Telecom-Services, 5.25% in Finance, 4.23% in Ferrous Metals
Mutual Fund Categories
Types of Mutual Funds
Debt Funds
Access debt markets and enjoy interest income from bonds and debentures. Ideal for conservative short-term investors
Hybrid Funds
Enjoy best of both the worlds - equity and debt. Ideal for beginners with medium-term investment horizon
Equity Funds
Invest in large, mid, and small cap sector stocks to enjoy capital appreciation. Ideal for aggressive, long-term investors