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

    Formerly JM Arbitrage Mn DP

    JM Mutual Fund

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

    HybridArbitrage

    10.3805

    NAV (Sep 16)

    3.8%
    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

    10.3805

    NAV (Sep 16)

    Fund Returns

    2.7%
    Last 1Y
    2.8%
    Last 3Y
    3.8%
    Last 5Y
    NA
    Last 10Y
    4.4%
    Since Inception
    info-icon-blue

    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

    risk-indicator-arrow.svg

    Low Risk

    Expense Ratio
    1.12 %
    Launched (6y ago)
    Jul 27, 2015
    AUM in Crores
    ₹ 52
    ISIN
    INF192K01KK3
    Lock-in
    No Lock-in
    Benchmark
    NIFTY 50 Arbitrage TR INR
    SIP Minimum
    ₹ 0
    Lumpsum Min.
    ₹ 5,000
    Fund Managers
    user-avatar

    Asit Bhandarkar

    Fund Manager

    user-avatar

    Chaitanya Choksi

    Fund Manager

    user-avatar

    Sanjay Chhabaria

    Fund Manager

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    Returns Calculator Comparison

    of

    for

    with step up of

    InstrumentReturnsTotal CorpusGainsAnnualised %
    Mutual Fund70%₹ 965,796 ₹ 233,18411.25%
    EPF70% ₹ 900,761 ₹ 168,1498.50%
    Property70% ₹ 867,662 ₹ 135,0507.00%
    PPF70% ₹ 869,819 ₹ 137,2077.10%
    Bank FD70% ₹ 846,471 ₹ 113,8596.00%
    Gold70% ₹ 846,471 ₹ 113,8596.00%
    Savings Bank70% ₹ 825,950 ₹ 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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    • Inflation beating returns
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    comparison

    Comparison with Hybrid Funds

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    Aggressive Hybrid

    26 Years

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    5

    Track Record

    ICICI Prudential Equity & Debt Fund (G)

    ICICI Prudential Equity & Debt Fund (G)

    Aggressive Hybrid

    22 Years

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    5

    Track Record

    ICICI Prudential Savings Fund (G)

    ICICI Prudential Savings Fund (G)

    Conservative Hybrid

    17 Years

    Age

    5

    Track Record

    Sundaram Equity Hybrid Fund (G)

    Sundaram Equity Hybrid Fund (G)

    Aggressive Hybrid

    21 Years

    Age

    5

    Track Record

    HDFC Hybrid Debt Fund (G)

    HDFC Hybrid Debt Fund (G)

    Conservative Hybrid

    18 Years

    Age

    5

    Track Record

    amc-icon

    About the AMC

    JM Financial Asset Management Limited

    JM Financial Asset Management Limited manages assets worth 2,232 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.

    amc-img

  • tel-amc-about
    022-61987704
  • mail-amc-about
    investor@jmfl.com
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    Liquid

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    ₹ 1,186 Cr

    Fund Size

    5.00%

    3 Year CAGR

    3 Y CAGR

    JM Liquid Fund (G)

    JM Liquid Fund (G)

    Liquid

    Top Ranked

    ₹ 1,186 Cr

    Fund Size

    5.00%

    3 Year CAGR

    3 Y CAGR

    JM Liquid Fund of Income Distribution cum capital withdrawal (RIDCW-Q)

    JM Liquid Fund of Income Distribution cum capital withdrawal (RIDCW-Q)

    Liquid

    Top Ranked

    ₹ 1,186 Cr

    Fund Size

    5.00%

    3 Year CAGR

    3 Y CAGR

    JM Liquid Fund of Income Distribution cum capital withdrawal (RIDCW-W)

    JM Liquid Fund of Income Distribution cum capital withdrawal (RIDCW-W)

    Liquid

    Top Ranked

    ₹ 1,186 Cr

    Fund Size

    4.00%

    3 Year CAGR

    3 Y CAGR

    JM Liquid Fund of Income Distribution cum capital withdrawal (RIDCW-D)

    JM Liquid Fund of Income Distribution cum capital withdrawal (RIDCW-D)

    Liquid

    Top Ranked

    ₹ 1,186 Cr

    Fund Size

    4.00%

    3 Year CAGR

    3 Y CAGR

    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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    Parag Parikh Flexi Cap fund (Growth)

    Equity

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    Equity

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    Equity

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    Invesco India Growth Opportunities Fund (Growth)

    Invesco India Growth Opportunities Fund (Growth)

    Equity

    Diversified

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    3,600+

    AUM

    2,500+

    Cities

    2012

    Established

    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

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

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

    JM Arbitrage Fund of Income Distribution cum capital withdrawal (PIDCW-M) is a Arbitrage Hybrid fund and has delivered an annualised return of 4.4% over a period of 6 years. The fund was previously known as JM Arbitrage Mn 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-M) 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-M) NAV,AUM,Risk

    The JM Arbitrage Fund of Income Distribution cum capital withdrawal (PIDCW-M) fund was launched on Jul 27, 2015. The NAV (Net Asset Value) of this Arbitrage Hybrid fund as of 2021-09-16 is ₹10.38. The total AUM (Asset Under Management) of the fund as of 17/09/2021 is ₹51.783. The category risk of the JM Arbitrage Fund of Income Distribution cum capital withdrawal (PIDCW-M) fund is Low Risk. The fund charges 1.12 % as expense ratio.

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

    The fund’s highest allocation is towards Equity and has invested 66.5% in this asset class. The top three holdings of the fund are , treps-triparty repo , adani ports & special economic zone ltd , adani enterprises ltd , 182 dtb 14102021 , tata steel ltd , bajaj finance ltd , itc ltd , 91 dtb 30092021 , sun tv network ltd , net current assets , hdfc bank ltd. , apollo hospitals enterprise ltd , bharti airtel ltd , tech mahindra ltd , icici bank ltd , united spirits ltd , jindal steel & power ltd , the federal bank ltd , canara bank , grasim industries ltd , granules india ltd , maruti suzuki india ltd , bajaj auto ltd , cipla ltd , oil & natural gas corp ltd , aurobindo pharma ltd , alkem laboratories ltd

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

    The minimum SIP (Systematic Investment Plan) amount for this is ₹null 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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