- Mutual Funds
- NJ Arbitrage Fund - Direct (G)
NJ Arbitrage Fund - Direct (G)
Arbitrage Fund
- NAV 10.93 (0.05%)
- Fund Size (Cr) ₹356.65
- Expense Ratio 0.31
- Scheme Type Active Fund
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Value Research
- Minimum investment ₹5000
- Minimum Additional Investment ₹500
- Minimum SIP Investment ₹1000
- Minimum Withdrawal ₹0
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Exit Load
1%
- Return Since Launch 6.87%
Basic Details
Viral Shah
Nifty 50 Arbitrage TRI
OPEN
Lumpsum Returns
SIP Returns
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%.
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Top 10 stock holding in portfolio
Peer Comparison
- Scheme Name
- Value Research
- Asset Size (Cr)
- 1M
- 3M
- 6M
- 1Y
- 3Y
-
NJ Arbitrage Fund - Direct (G)
- 356.65
- 0.43%
- 1.74%
- 3.69%
- 7.57%
- -
-
Invesco India Arbitrage Fund - Direct (G)
- 8677.55
- 0.50%
- 1.92%
- 3.99%
- 8.27%
- 5.93%
-
Invesco India Arbitrage Fund - Direct (IDCW)
- 8677.55
- 0.50%
- 1.92%
- 3.99%
- 8.27%
- 5.93%
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DSP Arbitrage Fund - Direct (IDCW-M)
- 2613.55
- 0.43%
- 1.85%
- 4.12%
- 8.27%
- 5.53%
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Invesco India Arbitrage Fund - Dir (Annual-B)
- 8677.55
- 0.50%
- 1.92%
- 3.98%
- 8.26%
- 5.93%
-
SBI Arbitrage Opportunities Fund - Direct (IDCW)
- 22370.08
- 0.46%
- 1.81%
- 3.90%
- 8.20%
- 5.74%
News
There are no new Updates!
Fund House Details & Investment Objective
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Date of Incorporation
29-Jul-2022
-
Total AUM (Cr)
₹356.65
NJ Arbitrage Fund - Direct (G) is an Arbitrage Fund-oriented fund from the renowned AMC, NJ Mutual Fund. Launched in Jul 2022, this fund is managed by Viral Shah. With assets under management (AUM) worth ₹356.65 (Cr), as of 01-Dec-2023, NJ Arbitrage Fund - Direct (G) is categorized as a Arbitrage Fund within its segment. The fund has generated a return of 6.87% since its launch.
The current NAV of NJ Arbitrage Fund - Direct (G) is ₹10.93, as on 01-Dec-2023. 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 ₹1000 while the minimum lumpsum investment is ₹5000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
For units excess of 5% of the investment, 1% - If redeemed / switch-out within 30 days of allotment Nil - If redeemed / switch-out after 30 days of allotment
The fund has generated - and - 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 67.67% in Equity, 30.08% in Debt and 2.21% in cash and cash equivalents
The top 5 sectors the fund invests in are: 24.21% in Debt, 23.77% in Banks, 4.93% in IT-Software, 4.87% in Entertainment and 4.6% in Automobiles.
FAQs on NJ Arbitrage Fund - Direct (G)
NJ Arbitrage Fund - Direct (G) is a popular fund in the Arbitrage Fund segment. The fund has generated a return of 6.87% since inception. Looking to invest in NJ Arbitrage Fund - Direct (G)? How about earning 1% extra return? All this is possible with m.Stock! Investing in NJ Arbitrage Fund - Direct (G) is super easy and convenient with m.Stock. Here’s how you can begin:
- Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
- In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
- In the search bar, enter the fund name, in this case, NJ Arbitrage Fund - Direct (G)
- On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
- If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
- If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.
So, why wait? Invest in NJ Arbitrage Fund - Direct (G) today and reap the benefits of this Arbitrage Fund fund!
In the short term, i.e., 1 year, NJ Arbitrage Fund - Direct (G) has generated annualised return of 7.57%. In the long-term, the fund has generated - and - in 3 and 5 years respectively. Since its inception, the fund has generated 6.87% returns.
The expense ratio of NJ Arbitrage Fund - Direct (G) Direct Growth is 0.31%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.
The Assets Under Management (AUM) of NJ Arbitrage Fund - Direct (G) is ₹356.65 (Cr) as of 01 December 2023. AUM shows the fund’s popularity and is often indicative of fund strength.
Redeeming or selling units of NJ Arbitrage Fund - Direct (G) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.
To redeem from NJ Arbitrage Fund - Direct (G):
- Login to your m.Stock account
- In portfolio, your mutual fund investments will be visible under ‘MF’
- Select the fund you wish to redeem from (in this case NJ Arbitrage Fund - Direct (G)).
- Click on ‘Redeem’ button
- You have 2 options – redeem by units and redeem by value (you can only redeem free units)
- Select units to be redeemed and click on submit.
- Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).
Yes, you can invest both lumpsum and SIP in NJ Arbitrage Fund - Direct (G). Minimum lumpsum investment NJ Arbitrage Fund - Direct (G) is ₹5000 and minimum SIP amount is ₹1000. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.
The latest NAV (Net Asset Value) of NJ Arbitrage Fund - Direct (G) is ₹10.93 as on 01 December 2023.
The 5 biggest stock holdings of NJ Arbitrage Fund - Direct (G) are:
HDFC Bank (7.54%), Reliance Industr (6.09%), ICICI Bank (5.35%), Zee Entertainmen (4.58%), Adani Enterp. (2.9%)
A majority of NJ Arbitrage Fund - Direct (G) 's AUM worth ₹356.65 (Cr) is invested in these 3 top sectors:
- Debt: 24.21%
- Banks: 23.77%
- IT-Software: 4.93%
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