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 TRI
Expense Ratio: 0.97% As on (31-08-2022)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 1000.0
Total Assets: 44.66 Cr As on (31-08-2022)
Turn over: 1,483.78% | Exit Load: 0.5% for redemption within 30 days

27.3367

6.4%

PERFORMANCE

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

Volatility 0.54
Sharp Ratio -0.91
Alpha -0.32
Beta 0.28
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 3.46 3.05 3.02 3.96 5.72
Invesco India Arbitrage Fund - Growth Option 30-04-2007 4.43 3.98 4.21 4.91 6.08
SBI Arbitrage Opportunities Fund - Regular Plan - Gr 03-11-2006 4.32 3.97 3.92 4.84 6.12
Kotak Equity Arbitrage Fund - Growth 29-09-2005 4.11 4.04 4.24 5.03 6.4
Axis Arbitrage Fund - Regular Plan - Growth 05-08-2014 4.02 3.83 4.05 4.83 -
Edelweiss Arbitrage Fund- Regular Plan- Growth Option 05-06-2014 3.98 3.87 4.19 4.99 -
Nippon India Arbitrage Fund - Growth Plan - Growth Option 05-10-2010 3.78 3.81 4.08 5.02 6.34
ICICI Prudential Equity Arbitrage Fund - Growth 30-12-2006 3.78 3.83 4.07 4.87 6.37
LIC MF Arbitrage Fund-Regular Plan-Growth 07-01-2019 3.66 3.41 3.61 - -
Aditya Birla Sun Life Arbitrage Fund - Regular Plan - Growth 24-07-2009 3.63 3.77 4.02 4.84 6.13

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

2.15%

Others

27.55%

Large Cap

45.09%

Mid Cap

25.22%

Scheme Documents

There are no scheme documents available

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

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