NJ Arbitrage Fund Regular Growth

+

Other
Arbitrage Fund
Rating N.A.
Plan

10.84 +0.01 (0.06%) NAV as on 08 Dec, 2023

5D
1M
6M
1Y
5Y
MAX

Key Metrics

AUM (in Cr)339.54
CAGR 7.00%
Exit Load1.00%
Expense ratio1.00%
CategoryOther
Min Investment5000
Min SIP1000
Launch Date2022-08-01

Asset Allocation

Holdings As On - 09 December 2023

Holdings

Sectors

Name
Value (Cr)
Holding %

Cash Offset For Derivatives
242.74
68.06%

HDFC Bank
26.88
7.54%

4.48% Govt Stock 2023
25.00
7.01%

Reliance Industries
21.74
6.09%

ICICI Bank
19.10
5.35%

Clearing Corporation Of India Ltd
11.40
3.20%

Adani Enterprises
10.33
2.90%

Tata Motors
10.13
2.84%

Canara Bank
8.51
2.39%

Peer Comparison

Fund Name
HSBC Arbitrage Fund Regular Growth7.34%
Baroda BNP Paribas Arbitrage Regular Growth7.47%
PGIM India Arbitrage Fund Regular Plan Growth6.88%
Mirae Asset Arbitrage Fund Regular Growth7.35%
NJ Arbitrage Fund Regular Growth7%

Risk & Volitility

Alpha 0.00%
Beta 0.00
Sharpe Ratio0.00
Std Deviation 0.00%
Tracking Error 0.00%

About Fund

The investment objective of the scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivatives segment of the equity market and by investing the balance in debt and money market instruments. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.

The NJ Arbitrage Fund Regular Growth has an AUM of 339.54 crores & has delivered CAGR of 0.00% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 1.00%. The minimum investment in NJ Arbitrage Fund Regular Growth is Rs 5000 and the minimum SIP is Rs 1000.

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

The top holdings of the fund include Cash Offset For Derivatives, HDFC Bank, 4.48% Govt Stock 2023 & Reliance Industries.

The major sectors where the fund is invested are Regional Banks, Oil & Gas Operations, Broadcasting & Cable TV & Auto & Truck Manufacturers.

Some of the similar funds are HSBC Arbitrage Fund Regular Growth, Baroda BNP Paribas Arbitrage Regular Growth, PGIM India Arbitrage Fund Regular Plan Growth, Mirae Asset Arbitrage Fund Regular Growth, NJ Arbitrage Fund Regular Growth. NJ Arbitrage Fund Regular Growth has a sharpe ratio of 0.00 & a standard deviation of 0.00%.