JM Arbitrage Fund - Direct (IDCW-A)
Arbitrage FundNAV
16.75(-0.03%)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
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 3, 2026 | 10038.57 | 0.39% | - | 0.40% | 122/187 |
| 1 Month | May 8, 2026 | 10055.91 | 0.56% | - | 0.54% | 82/187 |
| 3 Month | March 10, 2026 | 10158.16 | 1.58% | - | 1.57% | 82/175 |
| 6 Month | December 10, 2025 | 10313.12 | 3.13% | - | 3.05% | 72/174 |
| 1 Year | June 10, 2025 | 10629.67 | 6.30% | 6.30% | 6.13% | 70/164 |
| 3 Year | June 9, 2023 | 12308.75 | 23.09% | 7.16% | 7.02% | 62/142 |
| 5 Year | June 10, 2021 | 13533.75 | 35.34% | 6.24% | 6.10% | 57/140 |
| Since Inception | July 29, 2015 | 18463.99 | 84.64% | 5.80% | 5.57% | 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 | July 1, 2025 | 1,20,000 | 146861.08 | 22.38% | 22.38% |
| 3 Year | July 3, 2023 | 3,60,000 | 472128.35 | 31.15% | 9.46% |
| 5 Year | July 1, 2021 | 6,00,000 | 842656.66 | 40.44% | 7.03% |
| 10 Year | July 1, 2016 | 12,00,000 | 1891721.13 | 57.64% | 4.66% |
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 | 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) | 366.72 | 0.56% | 1.58% | 3.13% | 6.30% | 7.16% | |
| Quant Arbitrage Fund - Direct (G) | 367.09 | 0.69% | 1.95% | 3.76% | 7.46% | - | |
| Quant Arbitrage Fund - Direct (IDCW) | 367.09 | 0.69% | 1.92% | 3.70% | 7.37% | - | |
| Bandhan Arbitrage - Direct (IDCW-M) | 7895.29 | 0.91% | 1.99% | 3.52% | 7.24% | 7.79% | |
| Motilal Oswal Arbitrage Fund - Direct (G) | 2432.99 | 0.63% | 1.76% | 3.39% | 7.23% | - | |
| Motilal Oswal Arbitrage Fund - Direct (IDCW) | 2432.99 | 0.63% | 1.75% | 3.39% | 7.23% | - |
List of Schemes under JM Financial Mutual Fund
| Fund Name | Category | Risk | 1Y Returns | Ratings | Fund Size (Cr) |
|---|---|---|---|---|---|
| JM Arbitrage Fund | Hybrid | Low | 6.3% | 2 | ₹369.07 |
| JM Aggressive Hybrid Fund | Hybrid | Very High | -6.46% | 5 | ₹691.85 |
| JM Value Fund | Equity | Very High | -8.86% | 3 | ₹805.10 |
| JM Focused Fund | Equity | Very High | -3.63% | 3 | ₹278.72 |
| JM Large Cap Fund | Equity | Very High | -3.97% | 4 | ₹415.75 |
| JM Dynamic Bond Fund | Debt | Moderate | 3.07% | 3 | ₹52.99 |
| JM Liquid Fund | Debt | Moderate | 6.13% | 2 | ₹2,146.56 |
| JM Medium to Long Duration Fund | Debt | Moderate | 2.86% | 3 | ₹29.83 |
| JM Low Duration Fund | Debt | Moderately Low | 6.01% | 3 | ₹226.58 |
| JM Flexicap Fund | Equity | Very High | -4.36% | 4 | ₹5,068.70 |
| JM ELSS Tax Saver Fund | Equity | Very High | 0.16% | 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 | 4.96% | 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 | 4.87% | 2 | ₹79.59 |
| JM Midcap Fund | Equity | Very High | 4.47% | 0 | ₹1,217.01 |
| JM Small Cap Fund | Equity | Very High | 4.05% | 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 11, 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 ₹16.75, as on June 11, 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 7.16% and 6.24% 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