JM Arbitrage Fund
ArbitrageLowOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹35.12-0.01%1 day
- Return since launch
- 6.4%
- 52-week range
- ₹33.18 — ₹35.13
- AUM
- ₹418 Cr
JM Arbitrage Fund is a Arbitrage hybrid fund from JM Financial Mutual Fund with ₹418 Cr under management, launched in 2006. Over three years it has returned 5.9% a year, against 6.5% for its category. The expense ratio is 2.07% and the SEBI riskometer reading is Low.
Performance
JM Arbitrage Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +5.8% against +6.0% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 5.7% | −0.3 pts | 6.0% | 5.9% |
| 2Y | 5.7% | −0.2 pts | 5.9% | 6.0% |
| 3Y | 5.9% | −0.6 pts | 6.5% | 6.2% |
| 5Y | 6.1% | +0.1 pts | 6.0% | 6.4% |
| 7Y | 5.6% | −0.3 pts | 6.0% | 6.0% |
| 10Y | 5.3% | −0.3 pts | 5.6% | 5.7% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.5% | +0.1 pts | 0.4% | 0.4% |
| 3M | 1.4% | 0.0 pts | 1.4% | 1.4% |
| 6M | 2.8% | 0.0 pts | 2.9% | 2.9% |
| 1Y | 5.8% | −0.1 pts | 6.0% | 6.0% |
| 2Y | 5.8% | −0.3 pts | 6.1% | 6.1% |
| 3Y | 6.2% | −0.3 pts | 6.5% | 6.5% |
| 5Y | 5.8% | −0.2 pts | 6.0% | 6.0% |
| 7Y | 4.9% | −0.5 pts | 5.4% | 5.4% |
| 10Y | 5.0% | −0.5 pts | 5.6% | 5.6% |
Since launch (1 Jun 2006): 6.4%
Calendar-year returns
Category average2.6%
2.8%
4.0%
6.6%
7.1%
5.9%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 5.9% | −1.0 pts | 6.9% |
| 2024 | 7.1% | −0.9 pts | 8.0% |
| 2023 | 6.6% | −1.0 pts | 7.6% |
| 2022 | 4.0% | −0.7 pts | 4.6% |
| 2021 | 2.8% | −1.4 pts | 4.1% |
| 2020 | 2.6% | −2.1 pts | 4.7% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
2.11%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.91%
- Brokerage
- 0.13%
- Transaction charges
- 0.05%
- Statutory levies
- 1.02%
- Exit load
- Exit load of 0.5%, if redeemed within 30 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY 50 Arbitrage TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Low
Your principal is treated as being at low risk — typically overnight and very short duration debt schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.61 | 0.59 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.99 | 1.91 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 1.23 | 2.46 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 0.50 | 0.51 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 4 category peers | |||
Portfolio
JM Arbitrage Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Debt13.7%
- Other86.6%
Market cap split
- Large74.8%
- Mid16.9%
- Small8.3%
- P/E
- 14.86
- P/B
- 2.11
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 85.23% | ₹290 Cr | +237.08% | +204.61% | +227.29% |
| JM Liquid Fund Direct-Growth | Unclassified | 7.82% | ₹26.62 Cr | +6.07% | +4.08% | +3.92% |
| ICICI Bank Ltd. | Financial | 4.34% | ₹14.80 Cr | -7.90% | -8.31% | -5.07% |
| Tata Steel Ltd. | Metals & Mining | 3.27% | ₹11.15 Cr | -2.71% | -3.06% | -1.44% |
| Adani Enterprises Ltd. | Services | 1.92% | ₹6.55 Cr | -1.80% | -0.03% | — |
| Reserve Bank of India | Financial | 1.44% | ₹4.92 Cr | +1.30% | +1.41% | +0.84% |
| LIC Housing Finance Ltd. | Financial | 0.95% | ₹3.23 Cr | -0.89% | -1.48% | -0.86% |
| Bharti Airtel Ltd. | Communication | 0.81% | ₹2.75 Cr | -2.23% | -3.03% | -3.33% |
| Mahindra & Mahindra Ltd. | Automobile | 0.78% | ₹2.65 Cr | -2.69% | -2.22% | -1.71% |
| Larsen & Toubro Ltd. | Construction | 0.77% | ₹2.63 Cr | -0.97% | -0.49% | -2.37% |
| JSW Steel Ltd. | Metals & Mining | 0.67% | ₹2.28 Cr | -1.23% | -1.08% | -0.52% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 0.45% | ₹1.52 Cr | -0.75% | -0.42% | -0.50% |
| Cipla Ltd. | Healthcare | 0.03% | ₹0.11 Cr | -0.82% | -0.26% | -0.32% |
| Steel Authority Of India Ltd. | Metals & Mining | 0.02% | ₹0.08 Cr | -2.02% | — | -0.04% |
| TVS Motor Company Ltd. | Automobile | 0.02% | ₹0.07 Cr | -0.51% | — | -0.14% |
| Suzlon Energy Ltd. | Capital Goods | 0.01% | ₹0.05 Cr | -0.02% | — | — |
| Adani Ports and Special Economic Zone Ltd. | Services | 0.01% | ₹0.02 Cr | -3.67% | -3.96% | -2.78% |
| NTPC Ltd. | Energy | 0.00% | ₹0.00 Cr | -0.22% | -0.38% | -0.43% |
| NMDC Ltd. | Metals & Mining | 0.00% | ₹0.00 Cr | -2.85% | -1.81% | -1.75% |
| JSW Energy Ltd. | Capital Goods | 0.00% | ₹0.00 Cr | -0.07% | — | -3.17% |
| Kotak Mahindra Bank Ltd. | Financial | 0.00% | ₹0.00 Cr | -7.86% | -5.90% | -5.27% |
| HDFC Life Insurance Co Ltd. | Insurance | 0.00% | ₹0.00 Cr | -0.93% | -0.15% | — |
| United Spirits Ltd. | Consumer Staples | 0.00% | ₹0.00 Cr | -1.41% | -0.19% | -0.27% |
| Indian Oil Corporation Ltd. | Energy | 0.00% | ₹0.00 Cr | — | — | -1.07% |
| Interglobe Aviation Ltd. | Services | 0.00% | ₹0.00 Cr | -0.30% | — | — |
| ICICI Lombard General Insurance Company Ltd. | Insurance | 0.00% | ₹0.00 Cr | — | — | — |
| DLF Ltd. | Construction | 0.00% | ₹0.00 Cr | -0.83% | -1.28% | -2.13% |
| UPL Ltd. | Chemicals | 0.00% | ₹0.00 Cr | -0.48% | -0.48% | — |
| Mankind Pharma Ltd. | Healthcare | 0.00% | ₹0.00 Cr | -0.57% | -0.03% | — |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 0.00% | ₹0.00 Cr | +0.06% | — | -1.52% |
| Fortis Healthcare Ltd. | Healthcare | 0.00% | ₹0.00 Cr | — | -0.04% | -0.08% |
| Adani Green Energy Ltd. | Capital Goods | 0.00% | ₹0.00 Cr | -1.04% | -0.55% | — |
| SBI Life Insurance Company Ltd. | Insurance | 0.00% | ₹0.00 Cr | -0.31% | — | -1.14% |
| Bharat Heavy Electricals Ltd. | Capital Goods | 0.00% | ₹0.00 Cr | -2.69% | -2.49% | — |
| Hitachi Energy India Ltd. | Capital Goods | 0.00% | ₹0.00 Cr | -0.74% | — | — |
| JIO Financial Services Ltd. | Financial | 0.00% | ₹0.00 Cr | -1.46% | -1.49% | -0.08% |
| Prestige Estates Projects Ltd. | Construction | -0.00% | ₹-0.00 Cr | -0.11% | -0.09% | -0.15% |
| Hindustan Zinc Ltd. | Metals & Mining | -0.00% | ₹-0.00 Cr | -0.24% | -0.10% | -0.60% |
| Indusind Bank Ltd. | Financial | -0.00% | ₹-0.00 Cr | — | — | -1.16% |
| Ultratech Cement Ltd. | Materials | -0.00% | ₹-0.00 Cr | -0.47% | -0.31% | -0.28% |
| AU Small Finance Bank Ltd. | Financial | -0.00% | ₹-0.00 Cr | -0.76% | -0.05% | — |
| Cholamandalam Investment and Finance Company Ltd. | Financial | -0.00% | ₹-0.00 Cr | -0.06% | -0.05% | — |
| Coal India Ltd. | Materials | -0.00% | ₹-0.00 Cr | -0.78% | — | -0.09% |
| GMR Airports Ltd. | Construction | -0.00% | ₹-0.00 Cr | -0.41% | -0.20% | -0.72% |
| Bharat Electronics Ltd. | Capital Goods | -0.00% | ₹-0.00 Cr | -1.67% | -1.46% | -0.06% |
| Dabur India Ltd. | Consumer Staples | -0.00% | ₹-0.00 Cr | -0.16% | -0.12% | -0.21% |
| Bharat Forge Ltd. | Automobile | -0.00% | ₹-0.00 Cr | — | — | — |
| Bank of India | Financial | -0.00% | ₹-0.00 Cr | -0.04% | -0.04% | -0.25% |
| Alkem Laboratories Ltd. | Healthcare | -0.00% | ₹-0.00 Cr | — | -0.08% | -0.19% |
| Hindustan Unilever Ltd. | Consumer Staples | -0.00% | ₹-0.00 Cr | -0.87% | — | -1.15% |
| Inox Wind Ltd. | Capital Goods | -0.00% | ₹-0.00 Cr | -0.06% | -0.03% | — |
| Eternal Ltd. | Services | -0.00% | ₹-0.00 Cr | -5.46% | -5.61% | -1.92% |
| Computer Age Management Services Ltd. | Services | -0.00% | ₹-0.00 Cr | — | — | — |
| Container Corporation Of India Ltd. | Services | -0.00% | ₹-0.00 Cr | — | -0.09% | — |
| Info Edge (India) Ltd. | Services | -0.00% | ₹-0.00 Cr | -1.02% | — | -0.80% |
| Tata Power Company Ltd. | Energy | -0.00% | ₹-0.00 Cr | -0.32% | -0.53% | -0.99% |
| Union Bank of India | Financial | -0.00% | ₹-0.00 Cr | -0.12% | — | -0.03% |
| Adani Power Ltd. | Energy | -0.00% | ₹-0.00 Cr | -1.30% | — | — |
| Kalyan Jewellers India Ltd. | Consumer Discretionary | -0.00% | ₹-0.00 Cr | -0.41% | -0.55% | -0.79% |
| Grasim Industries Ltd. | Materials | -0.00% | ₹-0.00 Cr | -1.26% | -0.91% | -0.66% |
| Tube Investments Of India Ltd. | Automobile | -0.00% | ₹-0.00 Cr | — | — | — |
| GE Vernova T&D India Ltd | Capital Goods | -0.00% | ₹-0.00 Cr | — | — | — |
| Bharat Petroleum Corporation Ltd. | Energy | -0.00% | ₹-0.00 Cr | -0.09% | -0.06% | — |
| Shriram Finance Ltd | Financial | -0.00% | ₹-0.00 Cr | -1.04% | -1.02% | -4.34% |
| Hindustan Petroleum Corporation Ltd. | Energy | -0.00% | ₹-0.00 Cr | -0.17% | — | -0.05% |
| PNB Housing Finance Ltd. | Financial | -0.00% | ₹-0.00 Cr | -0.14% | -0.14% | -1.55% |
| Hindustan Aeronautics Ltd. | Capital Goods | -0.00% | ₹-0.00 Cr | -0.38% | — | -1.53% |
| Hindalco Industries Ltd. | Metals & Mining | -0.00% | ₹-0.00 Cr | -0.53% | -1.62% | -0.48% |
| Torrent Pharmaceuticals Ltd. | Healthcare | -0.00% | ₹-0.00 Cr | — | — | — |
| Asian Paints Ltd. | Materials | -0.00% | ₹-0.00 Cr | — | — | -0.13% |
| Aurobindo Pharma Ltd. | Healthcare | -0.00% | ₹-0.00 Cr | -0.14% | -0.12% | -0.20% |
| Ambuja Cements Ltd. | Materials | -0.00% | ₹-0.00 Cr | -0.80% | -1.15% | — |
| Varun Beverages Ltd. | Consumer Staples | -0.00% | ₹-0.00 Cr | -2.59% | — | -0.03% |
| Cummins India Ltd. | Capital Goods | -0.00% | ₹-0.00 Cr | — | — | — |
| APL Apollo Tubes Ltd. | Metals & Mining | -0.00% | ₹-0.00 Cr | -0.26% | -0.15% | — |
| Bajaj Finserv Ltd. | Financial | -0.00% | ₹-0.00 Cr | -0.56% | -0.07% | -0.28% |
| Indian Energy Exchange Ltd. | Services | -0.00% | ₹-0.00 Cr | -0.20% | — | -0.15% |
| Maruti Suzuki India Ltd. | Automobile | -0.00% | ₹-0.01 Cr | -1.45% | -1.64% | — |
| Punjab National Bank | Financial | -0.00% | ₹-0.01 Cr | -1.66% | -1.33% | -1.48% |
| Divi's Laboratories Ltd. | Healthcare | -0.00% | ₹-0.01 Cr | +0.52% | -1.38% | -1.61% |
| Ashok Leyland Ltd. | Automobile | -0.00% | ₹-0.01 Cr | — | — | — |
| ITC Ltd. | Consumer Staples | -0.00% | ₹-0.01 Cr | -0.62% | -0.52% | -1.67% |
| HDFC Asset Management Company Ltd. | Financial | -0.00% | ₹-0.01 Cr | -0.08% | — | — |
| Tata Consumer Products Ltd. | Consumer Staples | -0.00% | ₹-0.01 Cr | -0.12% | — | — |
| IDFC First Bank Ltd. | Financial | -0.00% | ₹-0.01 Cr | -0.85% | -1.05% | -0.58% |
| Lupin Ltd. | Healthcare | -0.00% | ₹-0.01 Cr | — | — | -0.41% |
| Glenmark Pharmaceuticals Ltd. | Healthcare | -0.00% | ₹-0.01 Cr | -0.70% | -0.82% | — |
| Manappuram Finance Ltd. | Financial | -0.00% | ₹-0.02 Cr | -1.02% | -0.51% | — |
| RBL Bank Ltd. | Financial | -0.00% | ₹-0.02 Cr | -1.11% | -1.20% | -1.74% |
| Indus Towers Ltd. | Communication | -0.01% | ₹-0.02 Cr | -1.79% | -0.52% | -0.79% |
| Biocon Ltd. | Healthcare | -0.01% | ₹-0.02 Cr | -0.99% | -1.18% | -1.35% |
| Axis Bank Ltd. | Financial | -0.01% | ₹-0.02 Cr | -2.17% | -3.14% | -8.06% |
| HDFC Bank Ltd. | Financial | -0.01% | ₹-0.02 Cr | -10.01% | -9.93% | -5.61% |
| The Federal Bank Ltd. | Financial | -0.01% | ₹-0.02 Cr | — | -0.74% | -1.20% |
| NBCC (India) Ltd. | Construction | -0.01% | ₹-0.03 Cr | -3.56% | -0.14% | -0.86% |
| The Indian Hotels Company Ltd. | Services | -0.01% | ₹-0.03 Cr | -1.24% | -0.16% | +0.36% |
| Canara Bank | Financial | -0.01% | ₹-0.03 Cr | -1.47% | -0.19% | -4.86% |
| Vodafone Idea Ltd. | Communication | -0.01% | ₹-0.03 Cr | -6.95% | -4.51% | -1.87% |
| Adani Energy Solutions Ltd. | Energy | -0.01% | ₹-0.03 Cr | -2.28% | -1.47% | -1.56% |
| Godrej Properties Ltd. | Construction | -0.01% | ₹-0.03 Cr | -0.79% | -0.87% | -0.15% |
| Bajaj Finance Ltd. | Financial | -0.01% | ₹-0.03 Cr | -0.51% | -1.98% | -4.06% |
| Bandhan Bank Ltd. | Financial | -0.01% | ₹-0.03 Cr | -1.82% | -0.64% | -1.05% |
| Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | -0.01% | ₹-0.03 Cr | -0.80% | -0.80% | -0.89% |
| Yes Bank Ltd. | Financial | -0.01% | ₹-0.04 Cr | -4.04% | -3.12% | -4.70% |
| Life Insurance Corporation of India | Insurance | -0.01% | ₹-0.04 Cr | — | — | — |
| Bank Of Baroda | Financial | -0.01% | ₹-0.04 Cr | -2.14% | -2.31% | -2.35% |
| Eicher Motors Ltd. | Automobile | -0.01% | ₹-0.04 Cr | -4.30% | -0.22% | — |
| Power Finance Corporation Ltd. | Financial | -0.01% | ₹-0.04 Cr | — | — | — |
| Suzlon Energy Ltd - Partly Paid up Equity Shares (Rights Issue) | Capital Goods | -0.01% | ₹-0.05 Cr | — | — | — |
| Reliance Industries Ltd. | Energy | -0.02% | ₹-0.06 Cr | -7.34% | -2.98% | -6.36% |
| State Bank of India | Financial | -0.02% | ₹-0.07 Cr | -1.78% | -3.22% | -4.80% |
| JSW Steel Ltd. Warrant | Metals & Mining | -0.68% | ₹-2.31 Cr | — | — | — |
| Larsen & Toubro Ltd. Pref. Shares | Construction | -0.77% | ₹-2.63 Cr | — | — | — |
| Mahindra & Mahindra Ltd Warrant | Automobile | -0.78% | ₹-2.66 Cr | — | — | — |
| Bharti Airtel Ltd. Rights | Communication | -0.81% | ₹-2.77 Cr | — | — | — |
| LIC Housing Finance Ltd. GDR/GDS | Financial | -0.96% | ₹-3.27 Cr | — | — | — |
| Adani Enterprises Ltd. - (Partly Paid-up) | Services | -1.92% | ₹-6.55 Cr | — | — | — |
| Tata Steel Ltd. Pref. Shares 2.00 | Metals & Mining | -3.31% | ₹-11.26 Cr | — | — | — |
| ICICI Bank Ltd.(Partly Paid Equity) | Financial | -4.37% | ₹-14.88 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Tata Steel Ltd. | -2.39% | 3.27% | +5.67% |
| ICICI Bank Ltd.(Partly Paid Equity) | -0.08% | -4.37% | -4.29% |
| Others | 80.99% | 77.45% | -3.54% |
| Adani Enterprises Ltd. | -1.38% | 1.92% | +3.31% |
| Bharti Airtel Ltd. | -2.36% | 0.81% | +3.17% |
| ICICI Bank Ltd. | -3.29% | -0.19% | +3.10% |
| Tata Steel Ltd. Pref. Shares 2.00 | -0.33% | -3.31% | -2.98% |
| HDFC Bank Ltd. | -3.68% | -0.71% | +2.97% |
| Larsen & Toubro Ltd. | -1.68% | 0.77% | +2.45% |
| Adani Enterprises Ltd. - (Partly Paid-up) | 0.00% | -1.92% | -1.92% |
| JSW Steel Ltd. | -1.13% | 0.67% | +1.80% |
| LIC Housing Finance Ltd. | -0.68% | 0.95% | +1.63% |
| Axis Bank Ltd. | -2.49% | -3.90% | -1.41% |
| Bandhan Bank Ltd. | -0.57% | -1.91% | -1.34% |
| JM Liquid Fund Direct-Growth | 6.53% | 7.82% | +1.29% |
| Reliance Industries Ltd. | -2.91% | -4.15% | -1.23% |
| IDFC First Bank Ltd. | -0.74% | -1.73% | -1.00% |
| LIC Housing Finance Ltd. GDR/GDS | 0.00% | -0.96% | -0.96% |
| State Bank of India | -1.74% | -2.62% | -0.88% |
| Crompton Greaves Consumer Electricals Ltd. | -0.27% | -1.13% | -0.86% |
| Sun Pharmaceutical Industries Ltd. | -0.98% | -0.19% | +0.80% |
| Kotak Mahindra Bank Ltd. | -3.71% | -2.94% | +0.78% |
| Grasim Industries Ltd. | 0.56% | -0.20% | -0.76% |
| Bajaj Finserv Ltd. | -0.05% | -0.81% | -0.76% |
| The Federal Bank Ltd. | -0.09% | -0.80% | -0.71% |
| Divi's Laboratories Ltd. | 0.29% | -0.41% | -0.71% |
| Indus Towers Ltd. | -1.28% | -1.98% | -0.70% |
| Mahindra & Mahindra Ltd. | -0.71% | -0.02% | +0.70% |
| JSW Steel Ltd. Warrant | 0.00% | -0.68% | -0.68% |
| company:2310 | -0.67% | 0.00% | +0.67% |
| Godrej Properties Ltd. | -0.34% | -0.99% | -0.65% |
| Varun Beverages Ltd. | -1.01% | -1.65% | -0.64% |
| Adani Ports and Special Economic Zone Ltd. | -1.58% | -0.95% | +0.63% |
| Larsen & Toubro Ltd. Pref. Shares | -0.15% | -0.77% | -0.63% |
| Life Insurance Corporation of India | -0.41% | -1.03% | -0.62% |
| Vodafone Idea Ltd. | -2.79% | -3.41% | -0.61% |
| company:19327 | -0.55% | 0.00% | +0.55% |
| Bharti Airtel Ltd. Rights | -0.28% | -0.81% | -0.53% |
| Bank Of Baroda | -0.81% | -1.30% | -0.49% |
| Bajaj Finance Ltd. | -0.88% | -1.34% | -0.46% |
| Punjab National Bank | -0.71% | -0.27% | +0.44% |
| Interglobe Aviation Ltd. | -0.11% | -0.55% | -0.44% |
| Hindustan Unilever Ltd. | -0.81% | -0.38% | +0.43% |
| Reserve Bank of India | 1.02% | 1.44% | +0.43% |
| The Indian Hotels Company Ltd. | -0.55% | -0.95% | -0.39% |
| company:7037 | -0.38% | 0.00% | +0.38% |
| DLF Ltd. | -0.40% | -0.04% | +0.36% |
| AU Small Finance Bank Ltd. | -0.38% | -0.03% | +0.35% |
| Power Finance Corporation Ltd. | -1.05% | -1.40% | -0.35% |
| Maruti Suzuki India Ltd. | -0.94% | -1.28% | -0.34% |
| Bharat Heavy Electricals Ltd. | -1.42% | -1.76% | -0.34% |
| Cipla Ltd. | -0.35% | -0.02% | +0.33% |
| Hindalco Industries Ltd. | -0.42% | -0.10% | +0.32% |
| Asian Paints Ltd. | -0.79% | -1.09% | -0.30% |
| Eicher Motors Ltd. | -2.06% | -1.78% | +0.29% |
| company:18109 | -0.29% | 0.00% | +0.29% |
| Coal India Ltd. | -0.30% | -0.02% | +0.28% |
| Mahindra & Mahindra Ltd Warrant | -0.52% | -0.78% | -0.26% |
| Hindustan Aeronautics Ltd. | -0.36% | -0.10% | +0.26% |
| Adani Energy Solutions Ltd. | -0.86% | -1.10% | -0.25% |
| Canara Bank | -0.64% | -0.88% | -0.24% |
| Steel Authority Of India Ltd. | -0.91% | -1.15% | -0.24% |
| company:7944 | -0.24% | 0.00% | +0.24% |
| Ultratech Cement Ltd. | 0.19% | -0.05% | -0.24% |
| NMDC Ltd. | -1.14% | -1.36% | -0.23% |
| Adani Power Ltd. | -0.54% | -0.77% | -0.22% |
| company:18614 | -0.22% | 0.00% | +0.22% |
| NBCC (India) Ltd. | -0.72% | -0.94% | -0.22% |
| Tata Motors Passenger Vehicles Ltd. | 0.22% | 0.00% | -0.22% |
| HDFC Life Insurance Co Ltd. | -0.40% | -0.18% | +0.21% |
| company:3214 | -0.21% | 0.00% | +0.21% |
| company:18639 | -0.19% | 0.00% | +0.19% |
| company:1471 | -0.19% | 0.00% | +0.19% |
| company:755 | -0.19% | 0.00% | +0.19% |
| Aurobindo Pharma Ltd. | -0.14% | -0.32% | -0.19% |
| Shriram Finance Ltd | -0.41% | -0.24% | +0.17% |
| NTPC Ltd. | -0.44% | -0.27% | +0.17% |
| Adani Green Energy Ltd. | -0.34% | -0.18% | +0.16% |
| JIO Financial Services Ltd. | -0.71% | -0.87% | -0.16% |
| Hitachi Energy India Ltd. | -0.48% | -0.63% | -0.15% |
| Info Edge (India) Ltd. | -0.45% | -0.32% | +0.13% |
| Manappuram Finance Ltd. | -0.43% | -0.56% | -0.13% |
| company:809 | -0.13% | 0.00% | +0.13% |
| Lupin Ltd. | -0.35% | -0.46% | -0.11% |
| Ambuja Cements Ltd. | -0.36% | -0.48% | -0.11% |
| Mankind Pharma Ltd. | -0.21% | -0.31% | -0.10% |
| Biocon Ltd. | -0.65% | -0.55% | +0.10% |
| Glenmark Pharmaceuticals Ltd. | -0.31% | -0.42% | -0.10% |
| Indian Energy Exchange Ltd. | -0.24% | -0.34% | -0.10% |
| Bharat Petroleum Corporation Ltd. | -0.04% | -0.14% | -0.10% |
| PNB Housing Finance Ltd. | -0.03% | -0.13% | -0.10% |
| company:14435 | -0.10% | 0.00% | +0.10% |
| United Spirits Ltd. | -0.39% | -0.48% | -0.09% |
| Yes Bank Ltd. | -1.47% | -1.56% | -0.09% |
| Hindustan Zinc Ltd. | -0.12% | -0.04% | +0.08% |
| GMR Airports Ltd. | -0.14% | -0.06% | +0.08% |
| Ashok Leyland Ltd. | -0.35% | -0.27% | +0.07% |
| Tata Consumer Products Ltd. | -0.24% | -0.31% | -0.07% |
| Eternal Ltd. | 0.00% | -0.07% | -0.07% |
| HDFC Asset Management Company Ltd. | -0.22% | -0.28% | -0.06% |
| JSW Energy Ltd. | -0.14% | -0.20% | -0.06% |
| company:19322 | -0.06% | 0.00% | +0.06% |
| company:7040 | -0.06% | 0.00% | +0.06% |
| company:19582 | -0.05% | 0.00% | +0.05% |
| APL Apollo Tubes Ltd. | -0.13% | -0.18% | -0.05% |
| ITC Ltd. | -0.74% | -0.79% | -0.05% |
| Inox Wind Ltd. | 0.02% | -0.03% | -0.05% |
| UPL Ltd. | -0.19% | -0.24% | -0.04% |
| RBL Bank Ltd. | -0.38% | -0.42% | -0.04% |
| TVS Motor Company Ltd. | -0.25% | -0.21% | +0.04% |
| company:1222 | -0.04% | 0.00% | +0.04% |
| Cholamandalam Investment and Finance Company Ltd. | -0.02% | -0.06% | -0.04% |
| Torrent Pharmaceuticals Ltd. | -0.09% | -0.12% | -0.03% |
| company:15605 | -0.03% | 0.00% | +0.03% |
| Cummins India Ltd. | -0.11% | -0.14% | -0.03% |
| Fortis Healthcare Ltd. | 0.01% | -0.02% | -0.03% |
| Dabur India Ltd. | -0.06% | -0.03% | +0.03% |
| Alkem Laboratories Ltd. | -0.08% | -0.11% | -0.03% |
| Suzlon Energy Ltd. | -0.01% | 0.01% | +0.03% |
| Bharat Electronics Ltd. | -0.07% | -0.10% | -0.02% |
| Hindustan Petroleum Corporation Ltd. | -0.06% | -0.08% | -0.02% |
| ICICI Lombard General Insurance Company Ltd. | -0.05% | -0.03% | +0.02% |
| Computer Age Management Services Ltd. | -0.01% | -0.03% | -0.02% |
| Tube Investments Of India Ltd. | -0.02% | -0.04% | -0.02% |
| company:18192 | -0.02% | 0.00% | +0.02% |
| Indian Oil Corporation Ltd. | -0.04% | -0.06% | -0.02% |
| Union Bank of India | -0.05% | -0.07% | -0.02% |
| SBI Life Insurance Company Ltd. | -0.04% | -0.06% | -0.01% |
| Suzlon Energy Ltd - Partly Paid up Equity Shares (Rights Issue) | 0.00% | -0.01% | -0.01% |
| Kalyan Jewellers India Ltd. | -0.05% | -0.07% | -0.01% |
| Bharat Forge Ltd. | -0.04% | -0.06% | -0.01% |
| GE Vernova T&D India Ltd | -0.03% | -0.05% | -0.01% |
| Indusind Bank Ltd. | -0.04% | -0.06% | -0.01% |
| Prestige Estates Projects Ltd. | -0.03% | -0.04% | -0.01% |
| Tata Power Company Ltd. | -0.12% | -0.11% | +0.01% |
| Apollo Hospitals Enterprise Ltd. | -0.02% | -0.03% | -0.01% |
| Container Corporation Of India Ltd. | -0.03% | -0.03% | -0.01% |
| Bank of India | -0.02% | -0.02% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹39,745 Cr | 2.36% | 6.0% | 6.4% | 6.6% |
 Kotak Arbitrage Fund | ₹75,275 Cr | 2.86% | 6.0% | 6.4% | 6.6% |
 SBI Arbitrage Fund | ₹46,252 Cr | 1.95% | 6.0% | 6.3% | 6.6% |
 Invesco India Arbitrage Fund | ₹26,552 Cr | 2.82% | 6.1% | 6.4% | 6.6% |
 UTI Arbitrage Fund | ₹10,900 Cr | 1.80% | 5.9% | 6.3% | 6.5% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
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.
Fund managers
- Asit BhandarkarMr. Bhandarkar is a B.Com (H) and MMS.Prior to joining JM Financial he has worked with Lotus India AMC Pvt. Ltd. and SBI Funds Management Pvt. Ltd.
- Ruchi FozdarMs. Ruchi is a graduate in science and PGDBM in financePrior to joining JM Mutual Fund, she was associated with few brokers and institutions like Reliance Life Insurance Co. Ltd. and Mahindra Manulife Mutual Fund
- Satish RamanathanMr. Ramanathan holds a B.Tech degree and has done MBA and CFA.Prior to joining JM Mutual Fund, he has worked with Sundaram BNP Paribas AMC and has an extensive experience in the asset management business with stints in Research division of Sundaram AMC and managing funds for Franklin Templeton. He has also worked with ICICI Securities for 4 years, with Birla Merlin & Dewoo Finance for 1 year, with ICRA Ltd. for 2 years and for 1 year with Tata Economic Consultancy Services.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months2.84% absolute | ₹60,000 | ₹61,704 | 2.84% | |
| 1 year5.83% annualised | ₹1,20,000 | ₹1,23,858 | 3.21% | |
| 3 years6.22% annualised | ₹3,60,000 | ₹3,96,704 | 10.20% | |
| 5 years5.77% annualised | ₹6,00,000 | ₹6,96,927 | 16.15% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of JM Arbitrage Fund?
The NAV of JM Arbitrage Fund is ₹35.12 as on 9 Nov 2026.
What is the expense ratio of JM Arbitrage Fund?
The expense ratio of JM Arbitrage Fund is 2.07% per year.
What is the minimum SIP amount for JM Arbitrage Fund?
You can start a SIP in JM Arbitrage Fund with ₹3,000 a month.
What returns has JM Arbitrage Fund given?
JM Arbitrage Fund has returned 5.7% over 1 year, 5.9% over 3 years and 6.1% over 5 years (annualised).
Is there a lock-in or exit load on JM Arbitrage Fund?
Lock-in: None. Exit load: Exit load of 0.5%, if redeemed within 30 days..
How risky is JM Arbitrage Fund?
JM Arbitrage Fund is rated Low on the SEBI riskometer and belongs to the Arbitrage category.
Which fund house manages JM Arbitrage Fund?
JM Arbitrage Fund is managed by JM Financial Mutual Fund, which runs 17 schemes with ₹13,500 Cr under management.