JM Arbitrage Fund (Regular) - Growth Option

(Erstwhile JM Arbitrage Advantage Fund-Growth)
Fund House: JM Financial Mutual Fund
Category: Hybrid: Arbitrage
Launch Date: 18-07-2006
Asset Class: Mixed Asset
Benchmark: Nifty 50 Arbitrage Index
Expense Ratio: 1.03% As on (30-04-2023)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 1000.0
Total Assets: 92.72 Cr As on (30-04-2023)
Turn over: 1,632.03% | Exit Load: 0.5% for redemption within 30 days

28.4001

6.38%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
-
vs
S&P BSE Liquid Rate Index
-
Gold
-
PPF
-
Returns Type:
of  
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
9 Years 2 Months
There is no value for 4x
There is no value for 5x
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

Investment Objective

The scheme aims to generate income through arbitrage opportunities emerging out of mis-pricing between the cash market and the derivatives market and through deployment of surplus cash in fixed income instruments.

Current Asset Allocation (%)

Indicators

Standard Deviation 0.72
Sharpe Ratio -0.9
Alpha 0.45
Beta 0.76
Yield to Maturity -
Average Maturity -

PEER COMPARISON

Scheme Name Inception
Date
1 Year
Return(%)
2 Year
Return(%)
3 Year
Return(%)
5 Year
Return(%)
10 Year
Return(%)
JM Arbitrage Fund (Regular) - Growth Option 18-07-2006 5.22 4.22 3.47 4.06 5.55
Invesco India Arbitrage Fund - Growth Option 30-04-2007 6.1 5.05 4.46 5.0 6.02
SBI Arbitrage Opportunities Fund - Regular Plan - Gr 03-11-2006 6.02 5.08 4.35 4.89 6.03
Kotak Equity Arbitrage Fund - Growth 29-09-2005 5.78 4.89 4.42 5.09 6.23
DSP Arbitrage Fund - Regular - Growth 05-01-2018 5.64 4.5 4.05 4.83 -
HDFC Arbitrage Fund - Wholesale Growth Option 10-10-2007 5.61 4.54 4.13 4.71 5.84
Edelweiss Arbitrage Fund- Regular Plan- Growth Option 05-06-2014 5.59 4.75 4.25 5.04 -
BANDHAN Arbitrage Fund - Regular Plan - Growth 21-12-2006 5.59 4.54 4.08 4.82 6.0
ICICI Prudential Equity Arbitrage Fund - Growth 30-12-2006 5.58 4.65 4.22 4.94 6.14
Tata Arbitrage Fund-Regular Plan-Growth 05-12-2018 5.51 4.49 4.22 - -

Scheme Characteristics

Scheme following arbitrage strategy. Minimum investment in equity & equity related instruments - 65% of total assets.

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Small Cap

1.91%

Others

33.06%

Large Cap

55.81%

Mid Cap

9.23%

Tax Benefits of investing in this fund

Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#

Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.

Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **

# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund

Feedback
Notification