JM Arbitrage Fund (Regular) - Growth Option
(Erstwhile JM Arbitrage Advantage Fund-Growth)
Fund House: JM Financial Mutual Fund| Category: Hybrid: Arbitrage |
| Launch Date: 18-07-2006 |
| Asset Class: Mixed Asset |
| Benchmark: Nifty 50 Arbitrage Index |
| TER: 1.07% As on (31-05-2024) |
| Status: Open Ended Schemes |
| Minimum Investment: 1000.0 |
| Minimum Topup: 100.0 |
| Total Assets: 150.35 Cr As on (31-05-2024) |
| Turn over: 149.75% | Exit Load: Exit load of 0.5%, if redeemed within 30 days. |
30.6325
-0 (-0.0023%)
6.43%
Benchmark: 6.16%
PERFORMANCE
Returns Type:
of :
Start :
End :
Period:
This Scheme
-
vs
S&P BSE Liquid Rate Index
-
Gold
-
PPF
-
Returns Type:
of :
Period:
Start :
Period:
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Time Taken To Multiply
2x
4x
5x
10x
FUND
9 Years 2 Months
There is no value for 4x
There is no value for 5x
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months
Investment Objective
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.
Current Asset Allocation (%)
Indicators
| Standard Deviation | 0.67 |
| Sharpe Ratio | -0.42 |
| Alpha | 1.51 |
| Beta | 0.89 |
| Yield to Maturity | - |
| Average Maturity | - |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| JM Arbitrage Fund (Regular) - Growth Option | 18-07-2006 | 7.31 | 6.41 | 5.3 | 4.41 | 5.34 |
| Kotak Equity Arbitrage Fund - Growth | 29-09-2005 | 8.0 | 7.1 | 5.99 | 5.45 | 6.08 |
| BARODA BNP PARIBAS ARBITRAGE FUND- REGULAR PLAN- GROWTH OPTION | 05-12-2016 | 7.85 | 6.77 | - | - | - |
| UTI Arbitrage Fund - Regular Plan - Growth Option | 22-06-2006 | 7.79 | 6.81 | 5.69 | 5.27 | 5.92 |
| Edelweiss Arbitrage Fund- Regular Plan- Growth Option | 05-06-2014 | 7.77 | 6.89 | 5.82 | 5.37 | 6.11 |
| Invesco India Arbitrage Fund - Growth Option | 30-04-2007 | 7.77 | 7.13 | 6.05 | 5.43 | 5.96 |
| HDFC Arbitrage Fund - Wholesale Growth Option | 10-10-2007 | 7.75 | 6.89 | 5.69 | 5.11 | 5.76 |
| Union Arbitrage Fund - Regular Plan - Growth Option | 05-02-2019 | 7.7 | 6.74 | 5.57 | 5.12 | - |
| Aditya Birla Sun Life Arbitrage Fund - Regular Plan - Growth | 24-07-2009 | 7.67 | 6.78 | 5.65 | 5.21 | 5.86 |
| ICICI Prudential Equity Arbitrage Fund - Growth | 30-12-2006 | 7.66 | 6.84 | 5.72 | 5.24 | 5.93 |
Scheme Characteristics
Scheme following arbitrage strategy. Minimum investment in equity & equity related instruments - 65% of total assets.
Riskometer
PORTFOLIO
Market Cap Distribution
Small Cap
8.39%
Others
26.99%
Large Cap
45.27%
Mid Cap
19.37%
