JM Arbitrage Fund - Direct (IDCW-A)
Arbitrage FundNAV
16.31(0.07%)Fund Size (CR)
₹373.23Expense Ratio
0.41Scheme Type
Active FundValue Research
Min. investment
₹1,000Minimum Additional Investment
₹100Minimum SIP Investment
₹100Minimum Withdrawal
₹500Exit Load
1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment0.5%Return Since Launch
5.77%
- 3M
- 6M
- 1Y
- 3Y
- All
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 | 23 December 2025 | 10008.94 | 0.09% | - | 0.08% | 108/175 |
| 1 Month | 28 November 2025 | 10057.18 | 0.57% | - | 0.51% | 24/174 |
| 3 Month | 30 September 2025 | 10164.24 | 1.64% | - | 1.57% | 65/166 |
| 6 Month | 30 June 2025 | 10303.50 | 3.03% | - | 2.92% | 69/164 |
| 1 Year | 30 December 2024 | 10663.27 | 6.63% | 6.63% | 6.56% | 71/160 |
| 3 Year | 30 December 2022 | 12351.13 | 23.51% | 7.29% | 7.14% | 57/142 |
| 5 Year | 30 December 2020 | 13336.59 | 33.37% | 5.92% | 5.89% | 59/140 |
| Since Inception | 29 July 2015 | 17958.29 | 79.58% | 5.77% | 5.63% | 103/175 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | 1 January 2025 | 1,20,000 | 147471.05 | 22.89% | 22.89% |
| 3 Year | 2 January 2023 | 3,60,000 | 476049.97 | 32.24% | 9.76% |
| 5 Year | 1 January 2021 | 6,00,000 | 844704.89 | 40.78% | 7.08% |
| 10 Year | 1 January 2016 | 12,00,000 | 1874666.42 | 56.22% | 4.56% |
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
- Investment type
- Scheme based
- SIP
- Lumpsum
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
0.74%
Beta
3.65%
Sharpe Ratio
-0.80%
Treynor's Ratio
0.15%
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 |
|---|---|---|---|---|---|
| ICICI Bank | 4.79% | 128800 | 17.89 | Equity | Banks |
| HDFC Bank | 4.32% | 160050 | 16.13 | Equity | Banks |
| Reliance Industr | 3.99% | 95000 | 14.89 | Equity | Refineries |
| Axis Bank | 3.51% | 102500 | 13.12 | Equity | Banks |
| RBL Bank | 2.71% | 323850 | 10.12 | Equity | Banks |
| Kotak Mah. Bank | 2.66% | 46800 | 9.94 | Equity | Banks |
| Larsen & Toubro | 2.50% | 22925 | 9.33 | Equity | Infrastructure Developers & Operators |
| Hindalco Inds. | 2.44% | 112700 | 9.11 | Equity | Non Ferrous Metals |
| Yes Bank | 2.41% | 3918600 | 8.99 | Equity | Banks |
| Eternal Ltd | 2.26% | 281300 | 8.44 | 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) | 373.23 | 0.57% | 1.64% | 3.03% | 6.63% | 7.29% | |
| Bandhan Arbitrage - Direct (IDCW-M) | 8882.35 | 0.53% | 2.15% | 3.57% | 7.56% | 7.87% | |
| Motilal Oswal Arbitrage Fund - Direct (G) | 1668.30 | 0.63% | 1.83% | 3.36% | 7.44% | - | |
| Motilal Oswal Arbitrage Fund - Direct (IDCW) | 1668.30 | 0.63% | 1.83% | 3.36% | 7.44% | - | |
| WhiteOak Capital Arbitrage Fund - Direct (G) | 822.06 | 0.61% | 1.73% | 3.29% | 7.44% | - | |
| ITI Arbitrage Fund - Direct (G) | 50.35 | 0.59% | 1.66% | 3.16% | 7.37% | 7.45% |
List of Schemes under JM Financial Mutual Fund
| Fund Name | Category | Risk | 1Y Returns | Ratings | Fund Size (Cr) |
|---|---|---|---|---|---|
| JM Large Cap Fund | Equity | Very High | 4.68% | 4 | ₹482.48 |
| JM Large & Mid Cap Fund | Equity | Very High | 0% | 0 | ₹394.58 |
| JM Midcap Fund | Equity | Very High | -2.12% | 0 | ₹1,474.62 |
| JM Small Cap Fund | Equity | Very High | -7.56% | 0 | ₹745.35 |
| JM Value Fund | Equity | Very High | -3.43% | 3 | ₹987.49 |
| JM Focused Fund | Equity | Very High | -1.23% | 3 | ₹309.29 |
| JM ELSS Tax Saver Fund | Equity | Very High | 2.98% | 4 | ₹228.21 |
| JM Overnight Fund | Debt | Low | 5.7% | 2 | ₹342.16 |
| JM Overnight Fund | Debt | Low | 5.58% | 0 | ₹342.16 |
| JM Overnight Fund | Debt | Low | 0% | 0 | ₹342.16 |
| JM Overnight Fund | Debt | Low | 5.7% | 0 | ₹342.16 |
| JM Overnight Fund | Debt | Low | 0% | 0 | ₹342.16 |
| JM Liquid Fund | Debt | Moderate | 6.51% | 2 | ₹2,483.44 |
| JM Liquid Fund | Debt | Moderate | 0% | 0 | ₹2,483.44 |
| JM Liquid Fund | Debt | Moderate | 0% | 0 | ₹2,483.44 |
| JM Low Duration Fund | Debt | Moderately Low | 7.64% | 3 | ₹173.15 |
| JM Short Duration Fund | Debt | Moderate | 8% | 2 | ₹87.15 |
| JM Medium to Long Duration Fund | Debt | Moderate | 7.15% | 3 | ₹30.67 |
| JM Dynamic Bond Fund | Debt | Moderate | 7.54% | 3 | ₹58.91 |
| JM Aggressive Hybrid Fund | Hybrid | Very High | -2.26% | 5 | ₹811.30 |
| JM Arbitrage Fund | Hybrid | Low | 6.63% | 2 | ₹373.23 |
| JM Flexicap Fund | Equity | Very High | -6.35% | 4 | ₹6,015.32 |
News
There are no new Updates!
Fund House Details & Investment Objective
Date of Incorporation
27 July 2015
Total AUM (Cr)
₹373.23
JM Arbitrage Fund - Direct (IDCW-A) is an Arbitrage Fund-oriented fund from the renowned AMC, JM Financial Mutual Fund. Launched in 27 July 2015, this fund is managed by Asit Bhandarkar. With assets under management (AUM) worth ₹373.23 (Cr), as of 31 December 2025, JM Arbitrage Fund - Direct (IDCW-A) is categorized as a Arbitrage Fund within its segment. The fund has generated a return of 5.77% since its launch.
The current NAV of JM Arbitrage Fund - Direct (IDCW-A) is ₹16.31, as on 31 December 2025. 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 7.29% and 5.92% 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 75.26% in Equity, 21.65% in Debt and 3.08% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 23.96% in Banks, 19.80% in Debt, 9.41% in Finance, 4.79% in Telecom-Services, 3.92% in Others