- Mutual Funds
- JM Financial Mutual Fund
- JM Arbitrage Fund Direct Growth
Arbitrage funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.
Arbitrage Funds are designed to take advantage of small differences in prices of securities between the cash and derivatives markets.
Funds in this category deploy different strategies making assessment of each fund a unique exercise.This category has a limited number of funds with a sufficiently long history.These funds are recommended as a tax - efficient alternative to debt funds but the effective tax differential is too small to provide a meaningful benefit to regular consumers who are better off investing in debt funds rather than a complex instrument.
Scheme Information
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.
Expense Ratio | 0.4 % |
Launched | - |
AUM in Crores | 186.6 |
ISIN | INF192K01BN6 |
Lock-in (days) | No Lock-in |
Benchmark | NIFTY 50 Arbitrage Total Return Index |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | - |
Standard Deviation | 0.6 |
Beta | 0.7 |
Sharpe Ratio | 0.7 |
YTM | - |
Fund Managers
Asset allocation and Holdings
Top Debt Holdings
Others
69.27%Others
10.68%JM Liquid Fund Direct-Growth
7.97%Multi Commodity Exchange Of India Ltd.
3.8%Hindustan Aeronautics Ltd.
3.73%
Allocation by Sector
Energy
2.05%Construction
1.96%Communication
1.92%Services
0.46%Metals & Mining
0.25%
Comparison with Debt Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 4,772 cr | ||
₹ 4,484 cr | ||
₹ 14,724 cr | ||
₹ 9,086 cr | ||
₹ 42,292 cr |
