JM Arbitrage Fund - Direct (IDCW-A)
Arbitrage FundNAV
16.80(0.08%)Fund Size (CR)
₹369.07Expense 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
5.80%
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 17, 2026 | 10012.80 | 0.13% | - | 0.13% | 111/180 |
| 1 Month | May 22, 2026 | 10061.19 | 0.61% | - | 0.68% | 136/180 |
| 3 Month | March 24, 2026 | 10143.46 | 1.43% | - | 1.46% | 107/176 |
| 6 Month | December 24, 2025 | 10306.63 | 3.07% | - | 3.05% | 84/168 |
| 1 Year | June 24, 2025 | 10627.57 | 6.28% | 6.28% | 6.15% | 71/157 |
| 3 Year | June 23, 2023 | 12292.99 | 22.93% | 7.11% | 6.98% | 58/135 |
| 5 Year | June 24, 2021 | 13527.14 | 35.27% | 6.23% | 6.09% | 54/133 |
| Since Inception | July 29, 2015 | 18497.00 | 84.97% | 5.80% | 5.55% | 100/180 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | July 1, 2025 | 1,20,000 | 147284.48 | 22.74% | 22.74% |
| 3 Year | July 3, 2023 | 3,60,000 | 473489.50 | 31.52% | 9.56% |
| 5 Year | July 1, 2021 | 6,00,000 | 845086.05 | 40.85% | 7.09% |
| 10 Year | July 1, 2016 | 12,00,000 | 1897174.99 | 58.10% | 4.69% |
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
0.14%
Standard Deviation
0.75%
Beta
2.89%
Sharpe Ratio
-0.52%
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-A) | 369.07 | 0.61% | 1.43% | 3.07% | 6.28% | 7.11% | |
| Quant Arbitrage Fund - Direct (G) | 408.17 | 0.77% | 1.82% | 3.77% | 7.48% | - | |
| Quant Arbitrage Fund - Direct (IDCW) | 408.17 | 0.77% | 1.80% | 3.72% | 7.39% | - | |
| HSBC Arbitrage Fund - Direct (IDCW-M) | 2666.71 | 0.74% | 1.54% | 3.15% | 7.30% | 7.12% | |
| Bandhan Arbitrage - Direct (IDCW-M) | 8188.89 | 1.08% | 1.90% | 3.50% | 7.26% | 7.75% | |
| Motilal Oswal Arbitrage Fund - Direct (G) | 2672.46 | 0.71% | 1.61% | 3.40% | 6.97% | - |
List of Schemes under JM Financial Mutual Fund
| Fund Name | Category | Risk | 1Y Returns | Ratings | Fund Size (Cr) |
|---|---|---|---|---|---|
| JM Arbitrage Fund | Hybrid | Low | 6.28% | 2 | ₹369.07 |
| JM Aggressive Hybrid Fund | Hybrid | Very High | -2.89% | 5 | ₹691.85 |
| JM Value Fund | Equity | Very High | -1.08% | 3 | ₹805.10 |
| JM Focused Fund | Equity | Very High | 2.19% | 3 | ₹278.72 |
| JM Large Cap Fund | Equity | Very High | 0.25% | 4 | ₹415.75 |
| JM Dynamic Bond Fund | Debt | Moderate | 3.48% | 3 | ₹53.36 |
| JM Liquid Fund | Debt | Moderate | 6.21% | 2 | ₹1,895.66 |
| JM Medium to Long Duration Fund | Debt | Moderate | 3.34% | 3 | ₹30.12 |
| JM Low Duration Fund | Debt | Moderately Low | 6.16% | 3 | ₹232.79 |
| JM Flexicap Fund | Equity | Very High | 1.76% | 4 | ₹5,068.70 |
| JM ELSS Tax Saver Fund | Equity | Very High | 5.96% | 4 | ₹222.93 |
| JM Overnight Fund | Debt | Low | 5.19% | 2 | ₹103.76 |
| JM Liquid Fund | Debt | Moderate | 0% | 0 | ₹1,895.66 |
| JM Liquid Fund | Debt | Moderate | 0% | 0 | ₹1,895.66 |
| JM Overnight Fund | Debt | Low | 4.95% | 0 | ₹103.76 |
| JM Overnight Fund | Debt | Low | 0% | 0 | ₹103.76 |
| JM Overnight Fund | Debt | Low | 5.19% | 0 | ₹103.76 |
| JM Overnight Fund | Debt | Low | 0% | 0 | ₹103.76 |
| JM Short Duration Fund | Debt | Moderate | 5.28% | 2 | ₹80.03 |
| JM Midcap Fund | Equity | Very High | 11.57% | 0 | ₹1,217.01 |
| JM Small Cap Fund | Equity | Very High | 13.3% | 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
July 27, 2015
Total AUM (Cr)
₹369.07
JM Arbitrage Fund - Direct (IDCW-A) 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 ₹369.07 (Cr), as of June 25, 2026, JM Arbitrage Fund - Direct (IDCW-A) is categorized as a Arbitrage Fund within its segment. The fund has generated a return of 5.80% since its launch.
The current NAV of JM Arbitrage Fund - Direct (IDCW-A) is ₹16.8, as on June 25, 2026. The fund's benchmark index is Nifty 50 Arbitrage TRI. You can invest in JM Arbitrage Fund - Direct (IDCW-A) 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 7.11% and 6.23% 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