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Business News/Market/Market Stats/    JM Arbitrage Fund Growth

JM Arbitrage Fund Growth

+
  • Other
  • Arbitrage Fund
  • Rating 3
  • Plan
30.27 +0.01 (0.04%) NAV as on 23 Apr, 2024
  • 5D
  • 1M
  • 6M
  • 1Y
  • 5Y
  • MAX

Key Metrics

  • AUM (in Cr)126.72
  • CAGR 7.29%
  • Exit Load0.50%
  • Expense ratio1.07%
  • CategoryOther
  • Min Investment1000
  • Min SIP100
  • Launch Date2006-07-18

Morning Star Rating 3

Low
Risk
Low
Return

Asset Allocation

Holdings As On - 24 April 2024

  • Name
  • Value (Cr)
  • Holding %
  • Cash Offset For Derivatives
  • 80.16
  • 63.26%
  • Treps-Triparty Repo
  • 18.59
  • 14.66%
  • JM Liquid Dir Gr
  • 8.17
  • 6.44%
  • 182 DTB 06062024
  • 3.96
  • 3.12%
View More

Risk & Volitility

  • Alpha 0.00%
  • Beta 0.00
  • Sharpe Ratio-0.86
  • Std Deviation 0.66%
  • Tracking Error 0.00%

About Fund

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

 

The JM Arbitrage Fund Growth has an AUM of 126.72 crores & has delivered CAGR of 4.41% in the last 5 years. The fund has an exit load of 0.50% and an expense ratio of 1.07%. The minimum investment in JM Arbitrage Fund Growth is Rs 1000 and the minimum SIP is Rs 100.

 

As per morningstar the risk & return rating of the fund are Low & Low respectively.

 

The top holdings of the fund include Cash Offset For Derivatives, Treps-Triparty Repo, JM Liquid Dir Gr & HDFC Bank.

 

The major sectors where the fund is invested are Regional Banks, Oil & Gas Operations, Construction Services & Biotechnology & Drugs.

 

Some of the similar funds are Union Arbitrage Fund Regular Growth, LIC MF Arbitrage Regular Plan Growth, JM Arbitrage Fund Growth, PGIM India Arbitrage Fund Regular Plan Growth, Sundaram Arbitrage Fund - Regular Plan - Growth. JM Arbitrage Fund Growth has a sharpe ratio of -0.86 & a standard deviation of 0.66%.

FAQs about JM Arbitrage Fund Growth

According to the morning star rating JM Arbitrage Fund Growth has a Low risk & Low return.
JM Arbitrage Fund Growth is managed by Asit Bhandarkar,Gurvinder Wasan,Chaitanya Choksi.
The expense ratio of JM Arbitrage Fund Growth is 1.07%.
The 5 year annualized return on JM Arbitrage Fund Growth is 4.41% & it has generated 7.29% in the last 1 year.
The minimum investment in JM Arbitrage Fund Growth is 1000 Rs.
JM Arbitrage Fund Growth has an AUM of 126.72 crores.
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