NJ Arbitrage Fund - Direct (G)
Arbitrage FundNAV
13.13(0.51%)Fund Size (CR)
₹272.83Expense Ratio
1Scheme Type
Active FundValue Research
-
Min. investment
₹5,000Minimum Additional Investment
₹500Minimum SIP Investment
₹100Minimum Withdrawal
₹1Exit Load
0%Return Since Launch
6.91%
Basic Details
Scheme Manager
Viral Shah
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 | July 24, 2026 | 10023.78 | 0.24% | - | 0.17% | 2/180 |
| 1 Month | June 30, 2026 | 10073.40 | 0.73% | - | 0.64% | 13/180 |
| 3 Month | April 30, 2026 | 10167.47 | 1.67% | - | 1.61% | 61/180 |
| 6 Month | January 30, 2026 | 10310.20 | 3.10% | - | 3.03% | 67/168 |
| 1 Year | July 31, 2025 | 10631.78 | 6.32% | 6.32% | 6.17% | 63/157 |
| 3 Year | July 31, 2023 | 12262.78 | 22.63% | 7.03% | 7.01% | 62/135 |
| 5 Year | - | - | - | - | - | -/- |
| Since Inception | August 1, 2022 | 13065.50 | 30.65% | 6.91% | 5.65% | 19/180 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | September 1, 2025 | 1,20,000 | 124127.94 | 3.44% | 3.44% |
| 3 Year | September 1, 2023 | 3,60,000 | 397885.25 | 10.52% | 3.39% |
| 5 Year | - | - | - | - | - |
| 10 Year | - | - | - | - | - |
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
0.74%
Beta
2.74%
Sharpe Ratio
-0.52%
Treynor's Ratio
-0.05%
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 |
|---|---|---|---|---|---|
| Reliance Industr | 7.02% | 148000 | 19.15 | Equity | Refineries |
| Bharti Airtel | 6.96% | 102600 | 19.00 | Equity | Telecom-Service |
| Kotak Mah. Bank | 6.47% | 450000 | 17.65 | Equity | Banks |
| Vodafone Idea | 5.83% | 11007150 | 15.92 | Equity | Telecom-Service |
| M & M | 4.00% | 35600 | 10.92 | Equity | Automobile |
| Sun Pharma.Inds. | 3.70% | 54250 | 10.10 | Equity | Pharmaceuticals |
| Adani Enterp. | 3.64% | 32754 | 9.94 | Equity | Trading |
| HDFC Bank | 3.63% | 124150 | 9.91 | Equity | Banks |
| ICICI Bank | 3.00% | 59500 | 8.18 | Equity | Banks |
| Biocon | 2.18% | 142500 | 5.96 | Equity | Pharmaceuticals |
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| NJ Arbitrage Fund - Direct (G) | 272.83 | 0.73% | 1.67% | 3.10% | 6.32% | 7.03% | |
| Quant Arbitrage Fund - Direct (G) | 553.39 | 0.79% | 1.92% | 3.70% | 7.53% | - | |
| Quant Arbitrage Fund - Direct (IDCW) | 553.39 | 0.79% | 1.91% | 3.66% | 7.43% | - | |
| Bandhan Arbitrage - Direct (IDCW-M) | 8189.71 | 0.64% | 2.00% | 3.49% | 7.28% | 7.77% | |
| WhiteOak Capital Arbitrage Fund - Direct (G) | 1595.93 | 0.80% | 1.85% | 3.54% | 7.05% | - | |
| Baroda BNP Paribas Arbitrage Fund - Dir (IDCW-Q) | 1146.77 | 0.63% | 2.23% | 3.67% | 7.04% | 7.67% |
List of Schemes under NJ Mutual Fund
| Fund Name | Category | Risk | 1Y Returns | Ratings | Fund Size (Cr) |
|---|---|---|---|---|---|
| NJ ELSS Tax Saver Scheme | Equity | Very High | -1.96% | 0 | ₹332.40 |
| NJ Overnight Fund | Debt | Low | 5.26% | 2 | ₹466.60 |
| NJ Balanced Advantage Fund | Hybrid | Moderately High | 3.01% | 2 | ₹3,393.51 |
| NJ Arbitrage Fund | Hybrid | Low | 6.32% | 2 | ₹272.83 |
| NJ Flexi Cap Fund | Equity | Very High | 0.8% | 0 | ₹2,591.73 |
News
NJ Mutual Fund announces change in fund manager under its schemes
NJ Mutual Fund has announced change in fund manager under the following schemes, With effect from June 11, 2026.Change in Fund Manager:
Scheme Name Existing Fund Management Structure New Management Structure NJ Balanced Advantage Fund, NJ Flexi Cap Fund, NJ ELSS Tax Saver Scheme, NJ Arbitrage Fund, and NJ Overnight Fund Mr. Viral Shah and Mr. Dhaval Patel
Mr. Viral Shah and Mr. Dhaval Patel
Mr. Jaimin Illavia
Powered by Capital Market - Live News
NJ Mutual Fund announces change in Exit Load Structure
NJ Mutual Fund has announced change in exit load structure under following schemes stands revised with effect from May 01, 2026.Change in Exit Load:
Name of the Scheme Existing Exit Load Revised Exit Load NJ Balanced Advantage Fund NJ Flexi Cap Fund
1 . NIL Exit load ' for 5 % of the units upto completion of 30 days 2 . All units redeemed / switched - out in excess of the 5 % load free units will be subject to the below men tioned exit load.
1 .00% - if Units are redeemed / switched - out on or before 30 days from the date of allotment
Nil - if redeemed after 30 days from the date of allotment.
Nil
Fund House Details & Investment Objective
Date of Incorporation
July 29, 2022
Total AUM (Cr)
₹272.83
NJ Arbitrage Fund - Direct (G) is an Arbitrage Fund-oriented fund from the renowned AMC, NJ Mutual Fund. Launched in July 29, 2022, this fund is managed by Viral Shah. With assets under management (AUM) worth ₹272.83 (Cr), as of August 3, 2026, NJ Arbitrage Fund - Direct (G) is categorized as a Arbitrage Fund within its segment. The fund has generated a return of 6.91% since its launch.
The current NAV of NJ Arbitrage Fund - Direct (G) is ₹13.13, as on August 3, 2026. The fund's benchmark index is Nifty 50 Arbitrage TRI. You can invest in NJ Arbitrage Fund - Direct (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹5,000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
The fund has generated 7.03% and undefined% 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 77.29% in Equity, 17.00% in Debt and 5.71% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 20.04% in Banks, 13.66% in Debt, 13.12% in Telecom-Services, 7.23% in Finance, 7.22% in Petroleum Products
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