JM Arbitrage Fund - Direct (IDCW-A)
Arbitrage FundNAV
16.70(0.04%)Fund Size (CR)
₹366.72Expense Ratio
0.81Scheme 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 | May 13, 2026 | 10014.24 | 0.14% | - | 0.11% | 36/187 |
| 1 Month | April 20, 2026 | 10033.14 | 0.33% | - | 0.26% | 33/183 |
| 3 Month | February 20, 2026 | 10138.64 | 1.39% | - | 1.32% | 62/175 |
| 6 Month | November 20, 2025 | 10307.84 | 3.08% | - | 2.97% | 65/174 |
| 1 Year | May 20, 2025 | 10636.31 | 6.36% | 6.36% | 6.18% | 69/164 |
| 3 Year | May 19, 2023 | 12301.98 | 23.02% | 7.14% | 6.99% | 60/142 |
| 5 Year | May 20, 2021 | 13529.20 | 35.29% | 6.23% | 6.08% | 55/140 |
| Since Inception | July 29, 2015 | 18392.67 | 83.93% | 5.80% | 5.50% | 107/187 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | June 2, 2025 | 1,20,000 | 147114.19 | 22.60% | 22.60% |
| 3 Year | June 1, 2023 | 3,60,000 | 473312.75 | 31.48% | 9.55% |
| 5 Year | June 1, 2021 | 6,00,000 | 844087.25 | 40.68% | 7.06% |
| 10 Year | June 1, 2016 | 12,00,000 | 1891064.87 | 57.59% | 4.65% |
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
0.12%
Standard Deviation
0.71%
Beta
0.14%
Sharpe Ratio
-0.63%
Treynor's Ratio
-0.26%
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 | 5.01% | 238150 | 18.38 | Equity | Banks |
| Multi Comm. Exc. | 4.20% | 51875 | 15.41 | Equity | Financial Services |
| Kotak Mah. Bank | 3.97% | 380000 | 14.57 | Equity | Banks |
| ICICI Bank | 3.76% | 109200 | 13.80 | Equity | Banks |
| Bharti Airtel | 3.64% | 70775 | 13.35 | Equity | Telecom-Service |
| Tata Steel | 3.17% | 550000 | 11.62 | Equity | Steel |
| Reliance Industr | 2.75% | 70500 | 10.09 | Equity | Refineries |
| Adani Ports | 2.60% | 57475 | 9.53 | Equity | Marine Port & Services |
| Vodafone Idea | 2.59% | 9291750 | 9.50 | Equity | Telecom-Service |
| Eternal | 2.42% | 358900 | 8.87 | Equity | E-Commerce/App based Aggregator |
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| JM Arbitrage Fund - Direct (IDCW-A) | 366.72 | 0.33% | 1.39% | 3.08% | 6.36% | 7.14% | |
| Quant Arbitrage Fund - Direct (G) | 367.09 | 0.43% | 1.69% | 3.70% | 7.47% | - | |
| Quant Arbitrage Fund - Direct (IDCW) | 367.09 | 0.42% | 1.67% | 3.65% | 7.38% | - | |
| Motilal Oswal Arbitrage Fund - Direct (G) | 2432.99 | 0.31% | 1.53% | 3.38% | 7.31% | - | |
| Motilal Oswal Arbitrage Fund - Direct (IDCW) | 2432.99 | 0.31% | 1.53% | 3.37% | 7.30% | - | |
| WhiteOak Capital Arbitrage Fund - Direct (G) | 1245.57 | 0.35% | 1.61% | 3.41% | 6.99% | - |
List of Schemes under JM Financial Mutual Fund
| Fund Name | Category | Risk | 1Y Returns | Ratings | Fund Size (Cr) |
|---|---|---|---|---|---|
| JM Arbitrage Fund | Hybrid | Low | 6.36% | 2 | ₹366.72 |
| JM Aggressive Hybrid Fund | Hybrid | Very High | -0.66% | 5 | ₹701.44 |
| JM Value Fund | Equity | Very High | -4.9% | 3 | ₹825.66 |
| JM Focused Fund | Equity | Very High | 0.87% | 3 | ₹279.61 |
| JM Large Cap Fund | Equity | Very High | 0.74% | 4 | ₹421.65 |
| JM Dynamic Bond Fund | Debt | Moderate | 1.6% | 3 | ₹53.10 |
| JM Liquid Fund | Debt | Moderate | 6.16% | 2 | ₹2,643.90 |
| JM Medium to Long Duration Fund | Debt | Moderate | 1.41% | 3 | ₹29.81 |
| JM Low Duration Fund | Debt | Moderately Low | 5.82% | 3 | ₹225.19 |
| JM Flexicap Fund | Equity | Very High | -1.79% | 4 | ₹5,040.51 |
| JM ELSS Tax Saver Fund | Equity | Very High | 3.63% | 4 | ₹219.58 |
| JM Overnight Fund | Debt | Low | 5.23% | 2 | ₹106.12 |
| JM Liquid Fund | Debt | Moderate | 0% | 0 | ₹2,643.90 |
| JM Liquid Fund | Debt | Moderate | 0% | 0 | ₹2,643.90 |
| JM Overnight Fund | Debt | Low | 5.02% | 0 | ₹106.12 |
| JM Overnight Fund | Debt | Low | 0% | 0 | ₹106.12 |
| JM Overnight Fund | Debt | Low | 5.23% | 0 | ₹106.12 |
| JM Overnight Fund | Debt | Low | 0% | 0 | ₹106.12 |
| JM Short Duration Fund | Debt | Moderate | 4.3% | 2 | ₹81.61 |
| JM Midcap Fund | Equity | Very High | 9.13% | 0 | ₹1,161.71 |
| JM Small Cap Fund | Equity | Very High | 6.36% | 0 | ₹677.43 |
| JM Large & Mid Cap Fund | Equity | Very High | 0% | 0 | ₹419.16 |
News
There are no new Updates!
Fund House Details & Investment Objective
Date of Incorporation
July 27, 2015
Total AUM (Cr)
₹366.72
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 ₹366.72 (Cr), as of May 21, 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 ₹16.7, as on May 21, 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 7.14% 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 80.47% in Equity, 14.84% in Debt and 4.68% 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