JM Arbitrage Fund - Direct (IDCW)
Arbitrage FundNAV
17.36(0.05%)Fund Size (CR)
₹366.72Expense Ratio
0.41Scheme Type
Active FundValue Research
-
Min. investment
₹1,000Minimum Additional Investment
₹100Minimum SIP Investment
₹100Minimum Withdrawal
₹500Exit Load
0.5%Return Since Launch
6.36%
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 | June 8, 2026 | 10003.87 | 0.04% | - | 0.06% | 149/187 |
| 1 Month | May 15, 2026 | 10035.19 | 0.35% | - | 0.39% | 138/187 |
| 3 Month | March 13, 2026 | 10138.93 | 1.39% | - | 1.41% | 97/175 |
| 6 Month | December 15, 2025 | 10311.72 | 3.12% | - | 3.06% | 75/174 |
| 1 Year | June 13, 2025 | 10613.81 | 6.14% | 6.14% | 6.00% | 71/164 |
| 3 Year | June 15, 2023 | 12299.99 | 23.00% | 7.14% | 7.00% | 57/142 |
| 5 Year | June 15, 2021 | 13523.68 | 35.24% | 6.22% | 6.09% | 56/140 |
| Since Inception | January 3, 2013 | 22909.87 | 129.10% | 6.36% | 5.56% | 67/187 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | July 1, 2025 | 1,20,000 | 173401.34 | 44.50% | 44.50% |
| 3 Year | July 3, 2023 | 3,60,000 | 557455.84 | 54.85% | 15.69% |
| 5 Year | July 1, 2021 | 6,00,000 | 994949.06 | 65.82% | 10.64% |
| 10 Year | July 1, 2016 | 12,00,000 | 2248832.81 | 87.40% | 6.48% |
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
Monthly Investment (₹)
Expected Returns Rate (%)
Time Period (in Years)
Invested Amount
₹25,000
Estimated Returns
₹19,059
76%
Returns
Future value of your investment
₹44,059
Risk Ratios
0.14%
Standard Deviation
0.75%
Beta
2.89%
Sharpe Ratio
-0.59%
Treynor's Ratio
0.02%
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 | 4.80% | 238150 | 17.73 | Equity | Banks |
| Kotak Mah. Bank | 3.96% | 380000 | 14.60 | Equity | Banks |
| ICICI Bank | 3.72% | 109200 | 13.72 | Equity | Banks |
| Bharti Airtel | 3.51% | 70775 | 12.94 | Equity | Telecom-Service |
| Vodafone Idea | 3.47% | 9148800 | 12.80 | Equity | Telecom-Service |
| Tata Steel | 3.10% | 550000 | 11.44 | Equity | Steel |
| Multi Comm. Exc. | 2.80% | 35000 | 10.34 | Equity | Financial Services |
| Eternal | 2.52% | 371025 | 9.30 | Equity | E-Commerce/App based Aggregator |
| Reliance Industr | 2.38% | 66500 | 8.79 | Equity | Refineries |
| B H E L | 2.19% | 194250 | 8.10 | Equity | Capital Goods - Electrical Equipment |
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| JM Arbitrage Fund - Direct (IDCW) | 366.72 | 0.35% | 1.39% | 3.12% | 6.14% | 7.14% | |
| Quant Arbitrage Fund - Direct (G) | 367.09 | 0.48% | 1.78% | 3.77% | 7.34% | - | |
| Quant Arbitrage Fund - Direct (IDCW) | 367.09 | 0.47% | 1.75% | 3.72% | 7.24% | - | |
| Bandhan Arbitrage - Direct (IDCW-M) | 7895.29 | 0.78% | 1.83% | 3.54% | 7.13% | 7.76% | |
| Motilal Oswal Arbitrage Fund - Direct (G) | 2432.99 | 0.48% | 1.60% | 3.46% | 7.05% | - | |
| Motilal Oswal Arbitrage Fund - Direct (IDCW) | 2432.99 | 0.48% | 1.60% | 3.46% | 7.04% | - |
List of Schemes under JM Financial Mutual Fund
| Fund Name | Category | Risk | 1Y Returns | Ratings | Fund Size (Cr) |
|---|---|---|---|---|---|
| JM Arbitrage Fund | Hybrid | Low | 6.14% | 2 | ₹369.07 |
| JM Aggressive Hybrid Fund | Hybrid | Very High | -2.84% | 5 | ₹691.85 |
| JM Value Fund | Equity | Very High | -3.67% | 3 | ₹805.10 |
| JM Focused Fund | Equity | Very High | 2.16% | 3 | ₹278.72 |
| JM Large Cap Fund | Equity | Very High | 0.89% | 4 | ₹415.75 |
| JM Dynamic Bond Fund | Debt | Moderate | 3.51% | 3 | ₹52.99 |
| JM Liquid Fund | Debt | Moderate | 6.18% | 2 | ₹2,146.56 |
| JM Medium to Long Duration Fund | Debt | Moderate | 3.32% | 3 | ₹29.83 |
| JM Low Duration Fund | Debt | Moderately Low | 6.18% | 3 | ₹226.58 |
| JM Flexicap Fund | Equity | Very High | 0.43% | 4 | ₹5,068.70 |
| JM ELSS Tax Saver Fund | Equity | Very High | 4.56% | 4 | ₹222.93 |
| JM Overnight Fund | Debt | Low | 5.19% | 2 | ₹309.87 |
| JM Liquid Fund | Debt | Moderate | 0% | 0 | ₹2,146.56 |
| JM Liquid Fund | Debt | Moderate | 0% | 0 | ₹2,146.56 |
| JM Overnight Fund | Debt | Low | 4.97% | 0 | ₹309.87 |
| JM Overnight Fund | Debt | Low | 0% | 0 | ₹309.87 |
| JM Overnight Fund | Debt | Low | 5.19% | 0 | ₹309.87 |
| JM Overnight Fund | Debt | Low | 0% | 0 | ₹309.87 |
| JM Short Duration Fund | Debt | Moderate | 5.35% | 2 | ₹79.59 |
| JM Midcap Fund | Equity | Very High | 10.07% | 0 | ₹1,217.01 |
| JM Small Cap Fund | Equity | Very High | 9.18% | 0 | ₹729.63 |
| JM Large & Mid Cap Fund | Equity | Very High | 0% | 0 | ₹419.59 |
News
There are no new Updates!
Fund House Details & Investment Objective
Date of Incorporation
January 1, 2013
Total AUM (Cr)
₹369.07
JM Arbitrage Fund - Direct (IDCW) is an Arbitrage Fund-oriented fund from the renowned AMC, JM Financial Mutual Fund. Launched in January 1, 2013, this fund is managed by Asit Bhandarkar. With assets under management (AUM) worth ₹369.07 (Cr), as of June 16, 2026, JM Arbitrage Fund - Direct (IDCW) is categorized as a Arbitrage Fund within its segment. The fund has generated a return of 6.36% since its launch.
The current NAV of JM Arbitrage Fund - Direct (IDCW) is ₹17.36, as on June 16, 2026. The fund's benchmark index is Nifty 50 Arbitrage TRI. You can invest in JM Arbitrage Fund - Direct (IDCW) 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 7.14% and 6.22% 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 78.15% in Equity, 15.73% in Debt and 6.12% 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