- Mutual Funds
- JM Mutual Fund
- JM Arbitrage Fund Bonus Principal Units (Dividend Payout - Quarterly)
Formerly JM Arbitrage Advantage Qt Bns
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.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 30.5944
NAV (Apr 18)
Fund Returns
Last 1Y | 7.3% |
Last 3Y | 5.1% |
Last 5Y | 4.4% |
Last 10Y | NA |
Since Inception | 5.4% |
6 Month CAGR | 3.7% |
Scheme Information
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 (10y ago) | Dec 15, 2014 |
AUM in Crores | 126.720 |
ISIN | INF192K01IF7 |
Lock-in | No Lock-in |
Benchmark | NIFTY 50 Arbitrage TR INR |
SIP Minimum | 0 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 0.7 |
Standard Deviation (5yr) | 0.8 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | -0.874 |
Sharpe Ratio (5yr) | -0.995 |
YTM | 0 |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| JM Arbitrage Fund Bonus Principal Units (Dividend Payout - Quarterly) | 8,13,950 | 81,338 | 4.4% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
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
Top Debt Holdings
cash offset for derivatives
63.3%treps-triparty repo
14.7%jm liquid dir gr
6.4%future on hdfc bank ltd
5.3%hdfc bank ltd
5.3%Allocation by Sector
financial services
20%energy
8%industrials
6.9%basic materials
6.2%healthcare
5.7%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 4,923 cr | ||
₹ 10,293 cr | ||
₹ 35,428 cr | ||
₹ 13,848 cr | ||
₹ 13,895 cr |
About the AMC
JM Financial Asset Management Limited
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
27.8% | 14.9% | ||
27.8% | 14.8% | ||
27.8% | 14.8% | ||
28.4% | 16.9% | ||
21.5% | 9.2% |
JM Arbitrage Fund Bonus Principal Units (D-Q) Review
JM Arbitrage Fund Bonus Principal Units (D-Q) is a Arbitrage Debt fund and has delivered an annualised return of 5.4% over a period of 9 years. The fund was previously known as JM Arbitrage Advantage Qt Bns. 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 Bonus Principal Units (D-Q) as of 4/18/2024 is ₹30.59 with the total AUM as of 4/19/2024 is ₹126.72. With Scripbox you can compare and check the latest nav for all mutual funds in India. JM Arbitrage Fund Bonus Principal Units (D-Q) was launched on Dec 15, 2014. The category risk of the fund is Low Risk.
The minimum SIP amount for JM Arbitrage Fund Bonus Principal Units (D-Q) is ₹0 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 Bonus Principal Units (D-Q) 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 Bonus Principal Units (D-Q) is rated as a 1 fund in Debt and delivered 7.3% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with JM Arbitrage Fund Bonus Principal Units (D-Q).
Frequently Asked Questions
What is JM Arbitrage Fund Bonus Principal Units (D-Q)?
How to invest in JM Arbitrage Fund Bonus Principal Units (D-Q)?
You can invest in JM Arbitrage Fund Bonus Principal Units (D-Q) 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 Bonus Principal Units (D-Q)?
The minimum sip amount for JM Arbitrage Fund Bonus Principal Units (D-Q) is ₹0. You can invest in multiples of ₹5000.
Is JM Arbitrage Fund Bonus Principal Units (D-Q) good to invest in?
As per Scripbox experts, JM Arbitrage Fund Bonus Principal Units (D-Q) is a Not Recommended fund. You can investJM Arbitrage Fund Bonus Principal Units (D-Q) 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 Bonus Principal Units (D-Q)?
The expense ratio of the JM Arbitrage Fund Bonus Principal Units (D-Q) is 1.07% for regular plan.