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  • JM Arbitrage Fund of Income Distribution cum capital withdrawal (PIDCW-A)

Formerly JM Arbitrage Advantage Ann DP

JM Mutual Fund

JM Arbitrage Fund of Income Distribution cum capital withdrawal (PIDCW-A)

HybridArbitrage

11.6892

NAV (Oct 21)

4.4%
5 Year CAGR
Scripbox Opinion

Neutral

Click here for top ranked funds in arbitrage mutual funds.

However, Scripbox does not recommend investing in arbitrage mutual funds.

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.

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Track Record

6 Years. The Fund has Sufficient history for analysis and the track record is good.

Relative Size

52 Cr. Negligible within the category

Category View

Neutral. The category has a neutral investment outlook

Consistency Of Performance

Relatively moderate. The historical performance of the fund has been OK

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    Historical growth rate of 12% per annum
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    Recommended Duration 1 - 5 years
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    No Lock-in
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    Expert Investing Only

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Historical NAV

11.6892

NAV (Oct 21)

Fund Returns

Last 1Y
2.6%
Last 3Y
3.7%
Last 5Y
4.4%
Last 10Y
NA
Since Inception
4.9%
6 Month CAGR
1.5%
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Scheme Information

Investment Objective

The primary investment objective of the scheme is 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.

Low

Low to Moderate

Moderate

Moderately High

High

Very High

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Low Risk

Expense Ratio
1.12
Launched (6y ago)
Jul 27, 2015
AUM in Crores
51.612
ISIN
INF192K01KW8
Lock-in
No Lock-in
Benchmark
NIFTY 50 Arbitrage TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Fund Managers
user-avatar

Asit Bhandarkar

Fund Manager

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Chaitanya Choksi

Fund Manager

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Sanjay Chhabaria

Fund Manager

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Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 9,65,796 ₹ 2,33,18411.25%
EPF70% ₹ 9,00,761 ₹ 1,68,1498.50%
Property70% ₹ 8,67,662 ₹ 1,35,0507.00%
PPF70% ₹ 8,69,819 ₹ 1,37,2077.10%
Bank FD70% ₹ 8,46,471 ₹ 1,13,8596.00%
Gold70% ₹ 8,46,471 ₹ 1,13,8596.00%
Savings Bank70% ₹ 8,25,950 ₹ 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

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Invest in a scientifically curated set of equity mutual funds which are best aligned towards achieving any long term objectives you have.

  • Inflation beating returns
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comparison

Comparison with Hybrid Funds

Fund NameScripbox OpinionFund SizeTrack Record

Aditya Birla Sun Life Equity Hybrid 95 Fund (G)

₹ 8,356 cr

5

₹ 18,652 cr

5

₹ 1,957 cr

5

₹ 2,690 cr

5

₹ 3,398 cr

5

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About the AMC

JM Financial Asset Management Limited

JM Financial Asset Management Limited manages assets worth 2,144 crores and was set up on 9 June 1994. It's current offering of mutual fund schemes includes 22 equity,54 debt and 31 hybrid funds.

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  • tel-amc-about
    022-61987704
  • mail-amc-about
    investor@jmfl.com
  • Fund NameScripbox Opinion
    Till Date CAGR
    top-ranked-badge

    4.9%

    7%

    top-ranked-badge

    4.9%

    7.6%

    top-ranked-badge

    4.9%

    6.9%

    top-ranked-badge

    3.9%

    5.8%

    top-ranked-badge

    4%

    %

    growth

    Build Long Term Wealth

    Invest in a scientifically curated set of equity mutual funds which are best aligned towards achieving any long term objectives you have.

    • graph-icon-gray
      Historical growth rate of 12% per annum
    • graph-icon-gray
      Recommended Duration 1 - 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Expert Investing Only
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
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    How does Scripbox rate funds?

    Proprietary 4-step system to rate mutual funds

    We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

    What Scripbox recommendations mean?
    Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Sub-asset Class View

    Sub-asset Class View

    We check if the sub-category of the fund is recommended by us.

    Fund Performance

    Fund Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Impact of Interest Rates

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Attractiveness

    Credit Attractiveness

    We check the credit quality of the underlying instruments present in the fund. Higher the better.

    Equity Funds

    Debt Funds

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    About JM Arbitrage Fund of Income Distribution cum capital withdrawal (PIDCW-A)

    About JM Arbitrage Fund of Income Distribution cum capital withdrawal (PIDCW-A)

    JM Arbitrage Fund of Income Distribution cum capital withdrawal (PIDCW-A) is a Arbitrage Hybrid fund and has delivered an annualised return of 4.9% over a period of 6 years. The fund was previously known as JM Arbitrage Advantage Ann DP . The fund is managed by JM Financial Asset Management Limited. The fund managers are Asit Bhandarkar, Chaitanya Choksi, Sanjay Chhabaria

    JM Arbitrage Fund of Income Distribution cum capital withdrawal (PIDCW-A) Investment Objective

    The primary investment objective of the scheme is 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. . However, there is no assurance that the objective of the scheme will be realized.

    JM Arbitrage Fund of Income Distribution cum capital withdrawal (PIDCW-A) NAV,AUM,Risk

    The JM Arbitrage Fund of Income Distribution cum capital withdrawal (PIDCW-A) fund was launched on Jul 27, 2015. The NAV (Net Asset Value) of this Arbitrage Hybrid fund as of 2021-10-21 is ₹11.69. The total AUM (Asset Under Management) of the fund as of 22/10/2021 is ₹51.612. The category risk of the JM Arbitrage Fund of Income Distribution cum capital withdrawal (PIDCW-A) fund is Low Risk. The fund charges 1.12 % as expense ratio.

    JM Arbitrage Fund of Income Distribution cum capital withdrawal (PIDCW-A) Holdings

    The fund’s highest allocation is towards Others and has invested 100% in this asset class. The top three holdings of the fund are , cash offset for derivatives , adani ports & special economic zone ltd , future on adani ports & special economic zone ltd , 182 dtb 14102021 , 182 dtb 30122021 , adani enterprises ltd , future on adani enterprises ltd , tata steel ltd , future on tata steel ltd. , itc ltd , future on itc ltd , treps-triparty repo , bajaj finance ltd , future on bajaj finance ltd , future on multi commodity exchange of india ltd , multi commodity exchange of india ltd , net current assets , jindal steel & power ltd , future on jindal steel & power ltd , hdfc bank ltd. , future on alembic pharmaceuticals ltd , alembic pharmaceuticals ltd , amara raja batteries ltd , future on amara raja batteries ltd , future on united spirits ltd , united spirits ltd , future on grasim industries ltd , grasim industries ltd , sun tv network ltd , bharat forge ltd , future on icici bank ltd , future on sun tv network ltd. , future on bharat forge ltd , icici bank ltd , future on maruti suzuki india ltd , maruti suzuki india ltd , biocon ltd , future on biocon ltd , oil & natural gas corp ltd , future on reliance industries ltd , reliance industries ltd , future on oil & natural gas corp ltd , hindustan petroleum corp ltd , future on aurobindo pharma ltd , aurobindo pharma ltd , future on hindustan petroleum corp ltd , future on acc ltd , acc ltd

    JM Arbitrage Fund of Income Distribution cum capital withdrawal (PIDCW-A) Sip

    The minimum SIP (Systematic Investment Plan) amount for this is ₹1000 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.

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