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  • JM Mutual Fund
  • JM Arbitrage Fund (RIDCW-A)

Formerly JM Arbitrage Advantage Ann DR

JM Mutual Fund

JM Arbitrage Fund (RIDCW-A)

DebtArbitrage

13.5238

NAV (Jun 20)

5.3%
3 Year CAGR
Scripbox Opinion
Not Recommended
Click here for top ranked funds in arbitrage mutual funds.

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.

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 ->

Fund Size

Poor

The performance of the fund on a Fund Size metric has been Poor

Rolling Returns

Poor

The performance of the fund on a Rolling Returns metric has been Poor

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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

13.5238

NAV (Jun 20)

Fund Returns

Last 1Y
7.5%
Last 3Y
5.2%
Last 5Y
4.4%
Last 10Y
5.4%
Since Inception
6.4%
6 Month CAGR
3.9%

Scheme Information

Investment Objective

The investment objective of the Scheme is to generate income through arbitrage opportunities emerging out of mispricing between the cash market and the derivatives market and through deployment of surplus cash in fixed income instruments. There can be no assurance that the investment objective of the scheme will be realized. The scheme does not guarantee/ indicate any returns. Investors are required to read all the scheme related information set out in this document carefully

Expense Ratio
1.07
Launched (9y ago)
Jul 27, 2015
AUM in Crores
150.354
ISIN
INF192K01KX6
Lock-in
No Lock-in
Benchmark
NIFTY 50 Arbitrage TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
0.7
Standard Deviation (5yr)
0.8
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
-0.92
Sharpe Ratio (5yr)
-1.447
YTM
0
Fund Managers

Chaitanya Choksi

Fund Manager

Gurvinder Wasan

Fund Manager

Asit Bhandarkar

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
JM Arbitrage Fund (RIDCW-A)70%8,13,950 81,3384.4%
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.

Asset allocation and Holdings

Last updated on 2024-06-20

Top Debt Holdings

cash offset for derivatives

73%
73%

jm liquid dir gr

8.5%
8.5%

hdfc bank ltd

6.6%
6.6%

hdfc bank ltd.

6.6%
6.6%

treps-triparty repo

5.5%
5.5%
See all holdings

Allocation by Sector

financial services

21.9%
21.9%

healthcare

9%
9%

energy

8.9%
8.9%

industrials

8.5%
8.5%

basic materials

7.8%
7.8%
See all sectors

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)

₹ 5,001 cr

₹ 10,797 cr

₹ 46,422 cr

₹ 14,535 cr

₹ 15,157 cr

amc-img

About the AMC

JM Financial Asset Management Limited

JM Financial Asset Management Limited manages assets worth 7,838 crores and was set up on 9 June 1994. It's current offering of mutual fund schemes includes 22 equity,70 debt and 15 hybrid funds.amc-img
phone-img022-61987704
Fund NameScripbox Opinion
Till Date CAGR

31.4%

15.9%

31.4%

15.7%

31.4%

15.7%

30.9%

17.4%

24.4%

10.1%

JM Arbitrage Fund (RIDCW-A) Review

JM Arbitrage Fund (RIDCW-A) is a Arbitrage Debt fund and has delivered an annualised return of 5.1% over a period of 8 years. The fund was previously known as JM Arbitrage Advantage Ann DR. The fund is managed by JM Financial Asset Management Limited. The fund managers are Asit Bhandarkar, Chaitanya Choksi, Gurvinder Wasan.

Nav of JM Arbitrage Fund (RIDCW-A) as of 6/20/2024 is ₹13.52 with the total AUM as of 6/21/2024 is ₹150.354. With Scripbox you can compare and check the latest nav for all mutual funds in India. JM Arbitrage Fund (RIDCW-A) was launched on Jul 27, 2015. The category risk of the fund is Low Risk.

The minimum SIP amount for JM Arbitrage Fund (RIDCW-A) 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. Check your estimated returns on mutual funds by using sip calculator.

JM Arbitrage Fund (RIDCW-A) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to NIFTY 50 Arbitrage TR INR.

JM Arbitrage Fund (RIDCW-A) is rated as a 1 fund in Debt and delivered 7.5% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with JM Arbitrage Fund (RIDCW-A).

Frequently Asked Questions

What is JM Arbitrage Fund (RIDCW-A)?

JM Arbitrage Fund (RIDCW-A) is a Arbitrage Debt scheme predominantly investing across Debt instruments with an investment objective to generate wealth over the long term.

How to invest in JM Arbitrage Fund (RIDCW-A)?

You can invest in JM Arbitrage Fund (RIDCW-A) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of JM Arbitrage Fund (RIDCW-A)?

The minimum sip amount for JM Arbitrage Fund (RIDCW-A) is ₹1000. You can invest in multiples of ₹5000.

Is JM Arbitrage Fund (RIDCW-A) good to invest in?

As per Scripbox experts, JM Arbitrage Fund (RIDCW-A) is a Not Recommended fund. You can investJM Arbitrage Fund (RIDCW-A) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the JM Arbitrage Fund (RIDCW-A)?

The expense ratio of the JM Arbitrage Fund (RIDCW-A) is 1.07% for regular plan.