JM Arbitrage Fund
ArbitrageLowOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹34.86+0.09%1 day
- Return since launch
- 6.4%
- 52-week range
- ₹32.98 — ₹34.86
- AUM
- ₹482 Cr
JM Arbitrage Fund is a Arbitrage hybrid fund from JM Financial Mutual Fund with ₹482 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 +5.7% 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% | −0.2 pts | 5.9% | 6.0% |
| 2Y | 5.7% | −0.3 pts | 6.0% | 6.0% |
| 3Y | 5.9% | −0.6 pts | 6.5% | 6.3% |
| 5Y | 6.1% | +0.1 pts | 5.9% | 6.4% |
| 7Y | 5.6% | −0.3 pts | 5.9% | 6.0% |
| 10Y | 5.3% | −0.3 pts | 5.6% | 5.7% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.7% | 0.0 pts | 0.7% | 0.5% |
| 3M | 1.4% | 0.0 pts | 1.4% | 1.4% |
| 6M | 2.6% | −0.1 pts | 2.7% | 2.8% |
| 1Y | 5.7% | −0.2 pts | 5.9% | 6.0% |
| 2Y | 5.9% | −0.3 pts | 6.2% | 6.3% |
| 3Y | 6.3% | −0.3 pts | 6.5% | 6.6% |
| 5Y | 5.7% | −0.2 pts | 5.9% | 6.0% |
| 7Y | 4.9% | −0.5 pts | 5.4% | 5.4% |
| 10Y | 5.1% | −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
2.10%
Expense ratio as on 25 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.91%
- Brokerage
- 0.13%
- Transaction charges
- 0.05%
- Statutory levies
- 1.01%
- 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 | 0.62 | 0.61 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.86 | 1.84 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 1.05 | 2.27 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 0.50 | 0.52 | 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 31 Aug 2026
Asset allocation
- Debt18.7%
- Other81.8%
Market cap split
- Large77.4%
- Mid16.8%
- Small5.8%
- P/E
- 16.65
- P/B
- 2.42
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 86.80% | ₹419 Cr | +236.43% | +206.24% | +208.79% |
| JM Liquid Fund Direct-Growth | Unclassified | 6.53% | ₹31.48 Cr | +5.30% | +4.03% | +3.81% |
| Reserve Bank of India | Financial | 1.02% | ₹4.90 Cr | +1.35% | +1.40% | +0.54% |
| Bajaj Finance Ltd. | Financial | 0.81% | ₹3.91 Cr | -0.04% | -1.56% | -4.74% |
| IDFC First Bank Ltd. | Financial | 0.78% | ₹3.78 Cr | -1.59% | -1.08% | +0.55% |
| Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | 0.63% | ₹3.05 Cr | -0.86% | -0.81% | -0.56% |
| Bajaj Finserv Ltd. | Financial | 0.62% | ₹2.97 Cr | -0.51% | -0.11% | -0.26% |
| Bandhan Bank Ltd. | Financial | 0.58% | ₹2.79 Cr | -1.65% | -0.56% | -0.61% |
| Grasim Industries Ltd. | Materials | 0.56% | ₹2.70 Cr | -0.66% | -0.46% | -0.40% |
| The Federal Bank Ltd. | Financial | 0.54% | ₹2.60 Cr | — | — | — |
| Godrej Properties Ltd. | Construction | 0.52% | ₹2.49 Cr | -0.56% | -0.89% | -0.15% |
| Mahindra & Mahindra Ltd. | Automobile | 0.48% | ₹2.33 Cr | -1.84% | -2.27% | -2.85% |
| Axis Bank Ltd. | Financial | 0.46% | ₹2.22 Cr | -1.50% | -3.18% | -6.05% |
| Interglobe Aviation Ltd. | Services | 0.41% | ₹1.97 Cr | -0.25% | -0.04% | — |
| company:5765 | Insurance | 0.35% | ₹1.69 Cr | — | — | — |
| Tata Steel Ltd. | Metals & Mining | 0.34% | ₹1.64 Cr | -6.15% | -7.33% | -1.73% |
| Divi's Laboratories Ltd. | Healthcare | 0.29% | ₹1.42 Cr | -0.27% | -0.69% | -0.84% |
| State Bank of India | Financial | 0.27% | ₹1.33 Cr | -1.46% | — | -5.29% |
| HDFC Asset Management Company Ltd. | Financial | 0.23% | ₹1.12 Cr | -0.09% | — | — |
| Reliance Industries Ltd. | Energy | 0.22% | ₹1.08 Cr | -4.79% | -2.88% | -4.41% |
| Ashok Leyland Ltd. | Automobile | 0.22% | ₹1.04 Cr | — | — | -0.21% |
| Tata Motors Passenger Vehicles Ltd. | Automobile | 0.22% | ₹1.04 Cr | — | -0.06% | -1.74% |
| Shriram Finance Ltd | Financial | 0.20% | ₹0.96 Cr | -0.98% | +2.86% | -3.30% |
| Ultratech Cement Ltd. | Materials | 0.19% | ₹0.92 Cr | -0.11% | -0.14% | -0.07% |
| Bharti Airtel Ltd. | Communication | 0.19% | ₹0.91 Cr | -7.08% | -4.45% | -5.58% |
| ITC Ltd. | Consumer Staples | 0.18% | ₹0.88 Cr | -0.63% | — | -0.76% |
| Indus Towers Ltd. | Communication | 0.17% | ₹0.84 Cr | -1.73% | -0.57% | -0.19% |
| Maruti Suzuki India Ltd. | Automobile | 0.17% | ₹0.81 Cr | -1.22% | -1.77% | — |
| TVS Motor Company Ltd. | Automobile | 0.16% | ₹0.76 Cr | -0.52% | — | — |
| Bharat Heavy Electricals Ltd. | Capital Goods | 0.15% | ₹0.70 Cr | -4.42% | -2.68% | — |
| Larsen & Toubro Ltd. | Construction | 0.14% | ₹0.69 Cr | -2.11% | -0.34% | -4.54% |
| The Indian Hotels Company Ltd. | Services | 0.12% | ₹0.57 Cr | -1.18% | -0.04% | +0.29% |
| Bharat Petroleum Corporation Ltd. | Energy | 0.11% | ₹0.52 Cr | -0.06% | -0.09% | — |
| Aurobindo Pharma Ltd. | Healthcare | 0.10% | ₹0.48 Cr | -0.13% | -0.11% | -0.19% |
| ICICI Bank Ltd. | Financial | 0.08% | ₹0.39 Cr | -7.52% | -9.45% | -6.90% |
| Tata Power Company Ltd. | Energy | 0.07% | ₹0.35 Cr | -0.36% | -0.43% | -2.09% |
| Varun Beverages Ltd. | Consumer Staples | 0.07% | ₹0.34 Cr | -2.57% | -1.38% | -0.38% |
| PNB Housing Finance Ltd. | Financial | 0.06% | ₹0.30 Cr | -0.15% | -0.24% | -1.59% |
| Asian Paints Ltd. | Materials | 0.06% | ₹0.28 Cr | -0.40% | — | — |
| Tata Consumer Products Ltd. | Consumer Staples | 0.06% | ₹0.27 Cr | — | — | — |
| Canara Bank | Financial | 0.05% | ₹0.26 Cr | -1.07% | — | -3.93% |
| Punjab National Bank | Financial | 0.05% | ₹0.25 Cr | -1.72% | -1.52% | -0.76% |
| Biocon Ltd. | Healthcare | 0.05% | ₹0.25 Cr | -1.06% | -1.32% | -1.34% |
| Bank Of Baroda | Financial | 0.04% | ₹0.21 Cr | -2.19% | -1.59% | -1.53% |
| Hindustan Aeronautics Ltd. | Capital Goods | 0.04% | ₹0.20 Cr | -0.18% | — | -1.36% |
| GMR Airports Ltd. | Construction | 0.04% | ₹0.18 Cr | -0.38% | -0.24% | -0.59% |
| Indian Energy Exchange Ltd. | Services | 0.03% | ₹0.16 Cr | -0.05% | — | — |
| Yes Bank Ltd. | Financial | 0.03% | ₹0.15 Cr | -4.03% | -4.58% | -4.11% |
| Hindustan Zinc Ltd. | Metals & Mining | 0.03% | ₹0.14 Cr | -0.13% | -0.08% | -0.51% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 0.02% | ₹0.12 Cr | -0.05% | — | — |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 0.02% | ₹0.12 Cr | -0.76% | -0.21% | +0.49% |
| NMDC Ltd. | Metals & Mining | 0.02% | ₹0.11 Cr | -3.06% | -1.87% | -0.57% |
| AU Small Finance Bank Ltd. | Financial | 0.02% | ₹0.11 Cr | -0.75% | — | — |
| Inox Wind Ltd. | Capital Goods | 0.02% | ₹0.09 Cr | -0.02% | — | — |
| UPL Ltd. | Chemicals | 0.01% | ₹0.07 Cr | -0.57% | -0.54% | — |
| company:16260 | Services | 0.01% | ₹0.06 Cr | — | — | — |
| Hitachi Energy India Ltd. | Capital Goods | 0.01% | ₹0.06 Cr | -0.52% | — | — |
| Tube Investments Of India Ltd. | Automobile | 0.01% | ₹0.06 Cr | — | — | — |
| United Spirits Ltd. | Consumer Staples | 0.01% | ₹0.05 Cr | -1.58% | -0.16% | — |
| DLF Ltd. | Construction | 0.01% | ₹0.05 Cr | -0.80% | -2.17% | +2.04% |
| company:7037 | Technology | 0.01% | ₹0.05 Cr | — | — | -3.83% |
| Cipla Ltd. | Healthcare | 0.01% | ₹0.04 Cr | -0.80% | -0.29% | -1.87% |
| JIO Financial Services Ltd. | Financial | 0.01% | ₹0.03 Cr | -1.84% | -1.42% | -0.04% |
| Mankind Pharma Ltd. | Healthcare | 0.01% | ₹0.02 Cr | — | — | — |
| company:755 | Consumer Staples | 0.00% | ₹0.02 Cr | — | — | — |
| CG Power and Industrial Solutions Ltd. | Capital Goods | 0.00% | ₹0.02 Cr | -0.21% | -0.17% | — |
| ICICI Prudential Life Insurance Company Ltd. | Insurance | 0.00% | ₹0.02 Cr | -0.53% | -0.55% | -0.27% |
| NTPC Ltd. | Energy | 0.00% | ₹0.01 Cr | -0.25% | -0.52% | -0.40% |
| Coal India Ltd. | Materials | 0.00% | ₹0.01 Cr | — | — | — |
| Torrent Pharmaceuticals Ltd. | Healthcare | 0.00% | ₹0.01 Cr | — | — | — |
| company:2167 | Healthcare | 0.00% | ₹0.01 Cr | — | -0.06% | — |
| Vishal Mega Mart Ltd. | Services | 0.00% | ₹0.01 Cr | — | — | — |
| GAIL (India) Ltd. | Energy | 0.00% | ₹0.01 Cr | — | -0.87% | -0.09% |
| company:1643 | Energy | 0.00% | ₹0.00 Cr | — | — | -0.55% |
| company:507 | Automobile | 0.00% | ₹0.00 Cr | — | — | — |
| Union Bank of India | Financial | 0.00% | ₹0.00 Cr | -0.12% | — | — |
| company:5697 | Capital Goods | 0.00% | ₹0.00 Cr | — | — | — |
| Prestige Estates Projects Ltd. | Construction | 0.00% | ₹0.00 Cr | -0.10% | -0.11% | — |
| Hindustan Petroleum Corporation Ltd. | Energy | 0.00% | ₹0.00 Cr | — | -0.05% | -0.04% |
| company:1693 | Financial | 0.00% | ₹0.00 Cr | — | — | -1.14% |
| Suzlon Energy Ltd. | Capital Goods | 0.00% | ₹0.00 Cr | — | — | — |
| Apollo Hospitals Enterprise Ltd. | Healthcare | -0.00% | ₹-0.00 Cr | -0.06% | — | -1.52% |
| company:14386 | Insurance | -0.00% | ₹-0.00 Cr | — | — | — |
| Bank of India | Financial | -0.00% | ₹-0.00 Cr | -0.04% | — | -0.19% |
| company:8372 | Healthcare | -0.00% | ₹-0.00 Cr | — | — | -0.08% |
| Rail Vikas Nigam Ltd. | Construction | -0.00% | ₹-0.00 Cr | -0.20% | — | — |
| NBCC (India) Ltd. | Construction | -0.00% | ₹-0.00 Cr | -0.61% | -0.07% | -0.77% |
| company:773 | Services | -0.00% | ₹-0.00 Cr | — | — | — |
| APL Apollo Tubes Ltd. | Metals & Mining | -0.00% | ₹-0.00 Cr | -0.28% | — | — |
| company:505 | Capital Goods | -0.00% | ₹-0.00 Cr | -1.48% | — | -0.06% |
| company:14779 | Insurance | -0.00% | ₹-0.00 Cr | -0.34% | — | -0.63% |
| UNO Minda Ltd. | Automobile | -0.00% | ₹-0.00 Cr | -0.17% | — | — |
| Dabur India Ltd. | Consumer Staples | -0.00% | ₹-0.00 Cr | -0.18% | — | — |
| Patanjali Foods Ltd. | Consumer Staples | -0.00% | ₹-0.00 Cr | -0.69% | -3.24% | — |
| company:8236 | Healthcare | -0.00% | ₹-0.01 Cr | — | -0.08% | -0.18% |
| company:16457 | Consumer Discretionary | -0.00% | ₹-0.01 Cr | -0.34% | -0.49% | — |
| HDFC Life Insurance Co Ltd. | Insurance | -0.00% | ₹-0.01 Cr | -1.00% | — | -0.19% |
| LIC Housing Finance Ltd. | Financial | -0.00% | ₹-0.01 Cr | -3.07% | -0.70% | -1.29% |
| company:819 | Capital Goods | -0.00% | ₹-0.01 Cr | — | — | — |
| Max Financial Services Ltd. | Financial | -0.00% | ₹-0.01 Cr | -1.87% | -0.49% | — |
| RBL Bank Ltd. | Financial | -0.00% | ₹-0.01 Cr | -1.08% | -3.04% | -1.09% |
| Muthoot Finance Ltd. | Financial | -0.00% | ₹-0.02 Cr | — | — | — |
| Glenmark Pharmaceuticals Ltd. | Healthcare | -0.00% | ₹-0.02 Cr | -0.75% | -1.00% | — |
| JSW Energy Ltd. | Capital Goods | -0.00% | ₹-0.02 Cr | — | — | -2.79% |
| Ambuja Cements Ltd. | Materials | -0.00% | ₹-0.02 Cr | -0.87% | -0.39% | -0.19% |
| Hindalco Industries Ltd. | Metals & Mining | -0.00% | ₹-0.02 Cr | -0.61% | -1.68% | -0.43% |
| Hero Motocorp Ltd. | Automobile | -0.00% | ₹-0.02 Cr | -0.08% | — | — |
| Adani Green Energy Ltd. | Capital Goods | -0.01% | ₹-0.04 Cr | -1.07% | — | — |
| Manappuram Finance Ltd. | Financial | -0.01% | ₹-0.04 Cr | -0.64% | — | — |
| JSW Steel Ltd. | Metals & Mining | -0.02% | ₹-0.08 Cr | -2.70% | -2.61% | -0.69% |
| Info Edge (India) Ltd. | Services | -0.02% | ₹-0.08 Cr | -1.02% | — | -1.24% |
| Adani Power Ltd. | Energy | -0.02% | ₹-0.08 Cr | -0.99% | — | — |
| Hindustan Unilever Ltd. | Consumer Staples | -0.02% | ₹-0.08 Cr | -0.14% | — | -2.55% |
| company:18192 | Capital Goods | -0.02% | ₹-0.09 Cr | — | — | — |
| Steel Authority Of India Ltd. | Metals & Mining | -0.02% | ₹-0.09 Cr | -2.16% | — | — |
| Eicher Motors Ltd. | Automobile | -0.02% | ₹-0.10 Cr | -1.22% | — | — |
| Adani Energy Solutions Ltd. | Energy | -0.02% | ₹-0.12 Cr | -2.41% | -1.66% | -1.22% |
| HDFC Bank Ltd. | Financial | -0.03% | ₹-0.16 Cr | -9.56% | -11.04% | -5.94% |
| company:4907 | Financial | -0.04% | ₹-0.18 Cr | — | — | — |
| Adani Enterprises Ltd. | Services | -0.05% | ₹-0.23 Cr | -3.62% | — | — |
| Adani Ports and Special Economic Zone Ltd. | Services | -0.06% | ₹-0.28 Cr | -3.92% | -3.47% | -2.54% |
| company:19322 | Consumer Staples | -0.06% | ₹-0.29 Cr | — | — | — |
| Kotak Mahindra Bank Ltd. | Financial | -0.06% | ₹-0.31 Cr | -7.99% | -7.85% | -3.45% |
| Vodafone Idea Ltd. | Communication | -0.07% | ₹-0.36 Cr | -7.01% | -5.09% | -1.45% |
| company:17502 | Financial | -0.08% | ₹-0.41 Cr | — | — | — |
| company:18513 | Construction | -0.15% | ₹-0.71 Cr | — | — | — |
| company:18639 | Materials | -0.19% | ₹-0.93 Cr | — | — | — |
| company:18614 | Automobile | -0.22% | ₹-1.07 Cr | — | — | — |
| company:17047 | Communication | -0.28% | ₹-1.35 Cr | — | — | — |
| company:18109 | Healthcare | -0.29% | ₹-1.39 Cr | — | — | — |
| company:18622 | Metals & Mining | -0.33% | ₹-1.57 Cr | — | — | — |
| company:18503 | Automobile | -0.52% | ₹-2.51 Cr | — | — | — |
| company:19327 | Materials | -0.55% | ₹-2.67 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Eternal Ltd. | -3.33% | 0.00% | +3.33% |
| Others | 79.38% | 80.99% | +1.61% |
| Grasim Industries Ltd. | -0.63% | 0.56% | +1.19% |
| company:4907 | 0.00% | -1.05% | -1.05% |
| HDFC Bank Ltd. | -4.58% | -3.68% | +0.90% |
| Sun Pharmaceutical Industries Ltd. | -0.20% | -0.98% | -0.79% |
| Mahindra & Mahindra Ltd. | -1.50% | -0.71% | +0.78% |
| Reliance Industries Ltd. | -3.62% | -2.91% | +0.71% |
| ICICI Bank Ltd. | -3.99% | -3.29% | +0.70% |
| Larsen & Toubro Ltd. | -1.01% | -1.68% | -0.67% |
| Crompton Greaves Consumer Electricals Ltd. | 0.37% | -0.27% | -0.64% |
| Divi's Laboratories Ltd. | -0.31% | 0.29% | +0.60% |
| JM Liquid Fund Direct-Growth | 5.96% | 6.53% | +0.56% |
| company:19327 | 0.00% | -0.55% | -0.55% |
| company:18503 | 0.00% | -0.52% | -0.52% |
| Axis Bank Ltd. | -1.97% | -2.49% | -0.51% |
| Laurus Labs Ltd. | -0.51% | 0.00% | +0.51% |
| Tata Motors Passenger Vehicles Ltd. | -0.29% | 0.22% | +0.51% |
| Varun Beverages Ltd. | -0.51% | -1.01% | -0.50% |
| Kotak Mahindra Bank Ltd. | -4.20% | -3.71% | +0.48% |
| IDFC First Bank Ltd. | -0.28% | -0.74% | -0.45% |
| Ultratech Cement Ltd. | -0.24% | 0.19% | +0.43% |
| Adani Ports and Special Economic Zone Ltd. | -2.01% | -1.58% | +0.43% |
| company:5765 | 0.00% | -0.41% | -0.41% |
| company:7037 | 0.00% | -0.38% | -0.38% |
| Yes Bank Ltd. | -1.85% | -1.47% | +0.38% |
| Bajaj Finance Ltd. | -0.50% | -0.88% | -0.38% |
| FSN E-Commerce Ventures Ltd. | -0.37% | 0.00% | +0.37% |
| Adani Energy Solutions Ltd. | -1.22% | -0.86% | +0.37% |
| Adani Enterprises Ltd. | -1.74% | -1.38% | +0.36% |
| company:2167 | 0.00% | -0.35% | -0.35% |
| NTPC Ltd. | -0.11% | -0.44% | -0.33% |
| Titan Company Ltd. | -0.33% | 0.00% | +0.33% |
| company:18622 | 0.00% | -0.33% | -0.33% |
| company:18109 | 0.00% | -0.29% | -0.29% |
| Tata Steel Ltd. | -2.68% | -2.39% | +0.29% |
| company:17047 | 0.00% | -0.28% | -0.28% |
| Eicher Motors Ltd. | -2.33% | -2.06% | +0.26% |
| Vodafone Idea Ltd. | -3.05% | -2.79% | +0.26% |
| Indus Towers Ltd. | -1.54% | -1.28% | +0.26% |
| Reserve Bank of India | 1.27% | 1.02% | -0.26% |
| ITC Ltd. | -0.50% | -0.74% | -0.24% |
| NMDC Ltd. | -1.38% | -1.14% | +0.24% |
| Maruti Suzuki India Ltd. | -0.70% | -0.94% | -0.24% |
| State Bank of India | -1.50% | -1.74% | -0.23% |
| Bharat Heavy Electricals Ltd. | -1.65% | -1.42% | +0.23% |
| company:18614 | 0.00% | -0.22% | -0.22% |
| Bank Of Baroda | -1.02% | -0.81% | +0.21% |
| Ashok Leyland Ltd. | -0.55% | -0.35% | +0.20% |
| company:18639 | 0.00% | -0.19% | -0.19% |
| company:755 | 0.00% | -0.19% | -0.19% |
| HDFC Asset Management Company Ltd. | -0.04% | -0.22% | -0.18% |
| Bandhan Bank Ltd. | -0.75% | -0.57% | +0.18% |
| Tata Consumer Products Ltd. | -0.06% | -0.24% | -0.18% |
| Hindustan Aeronautics Ltd. | -0.20% | -0.36% | -0.17% |
| Biocon Ltd. | -0.49% | -0.65% | -0.16% |
| ICICI Prudential Life Insurance Company Ltd. | -0.26% | -0.10% | +0.16% |
| CG Power and Industrial Solutions Ltd. | -0.28% | -0.13% | +0.16% |
| Punjab National Bank | -0.86% | -0.71% | +0.15% |
| company:18513 | 0.00% | -0.15% | -0.15% |
| Manappuram Finance Ltd. | -0.57% | -0.43% | +0.14% |
| Canara Bank | -0.78% | -0.64% | +0.14% |
| Adani Green Energy Ltd. | -0.47% | -0.34% | +0.13% |
| JSW Steel Ltd. | -1.26% | -1.13% | +0.12% |
| LIC Housing Finance Ltd. | -0.80% | -0.68% | +0.12% |
| Hindustan Unilever Ltd. | -0.69% | -0.81% | -0.12% |
| Max Financial Services Ltd. | -0.79% | -0.67% | +0.12% |
| JSW Energy Ltd. | -0.03% | -0.14% | -0.11% |
| company:819 | 0.00% | -0.11% | -0.11% |
| Hitachi Energy India Ltd. | -0.58% | -0.48% | +0.10% |
| Shriram Finance Ltd | -0.51% | -0.41% | +0.10% |
| Godrej Properties Ltd. | -0.44% | -0.34% | +0.10% |
| United Spirits Ltd. | -0.48% | -0.39% | +0.10% |
| Indian Energy Exchange Ltd. | -0.32% | -0.24% | +0.09% |
| Coal India Ltd. | -0.39% | -0.30% | +0.09% |
| company:17502 | 0.00% | -0.08% | -0.08% |
| company:8236 | 0.00% | -0.08% | -0.08% |
| RBL Bank Ltd. | -0.46% | -0.38% | +0.08% |
| company:505 | 0.00% | -0.07% | -0.07% |
| Hindalco Industries Ltd. | -0.49% | -0.42% | +0.07% |
| The Indian Hotels Company Ltd. | -0.63% | -0.55% | +0.07% |
| Aurobindo Pharma Ltd. | -0.07% | -0.14% | -0.07% |
| JIO Financial Services Ltd. | -0.78% | -0.71% | +0.07% |
| UPL Ltd. | -0.25% | -0.19% | +0.06% |
| Bharti Airtel Ltd. | -2.42% | -2.36% | +0.06% |
| Mankind Pharma Ltd. | -0.27% | -0.21% | +0.06% |
| company:19322 | 0.00% | -0.06% | -0.06% |
| Bajaj Finserv Ltd. | -0.11% | -0.05% | +0.06% |
| TVS Motor Company Ltd. | -0.31% | -0.25% | +0.06% |
| Adani Power Ltd. | -0.60% | -0.54% | +0.06% |
| Patanjali Foods Ltd. | -0.26% | -0.21% | +0.06% |
| company:14386 | 0.00% | -0.05% | -0.05% |
| company:16457 | 0.00% | -0.05% | -0.05% |
| Info Edge (India) Ltd. | -0.50% | -0.45% | +0.05% |
| GMR Airports Ltd. | -0.19% | -0.14% | +0.05% |
| Cipla Ltd. | -0.40% | -0.35% | +0.05% |
| Muthoot Finance Ltd. | -0.29% | -0.24% | +0.05% |
| Inox Wind Ltd. | -0.03% | 0.02% | +0.04% |
| Steel Authority Of India Ltd. | -0.96% | -0.91% | +0.04% |
| company:1693 | 0.00% | -0.04% | -0.04% |
| company:507 | 0.00% | -0.04% | -0.04% |
| company:1643 | 0.00% | -0.04% | -0.04% |
| company:14779 | 0.00% | -0.04% | -0.04% |
| Tata Power Company Ltd. | -0.16% | -0.12% | +0.04% |
| NBCC (India) Ltd. | -0.68% | -0.72% | -0.04% |
| Hero Motocorp Ltd. | -0.23% | -0.19% | +0.04% |
| Ambuja Cements Ltd. | -0.40% | -0.36% | +0.04% |
| HDFC Life Insurance Co Ltd. | -0.43% | -0.40% | +0.04% |
| DLF Ltd. | -0.43% | -0.40% | +0.03% |
| company:5697 | 0.00% | -0.03% | -0.03% |
| Glenmark Pharmaceuticals Ltd. | -0.34% | -0.31% | +0.03% |
| Interglobe Aviation Ltd. | -0.14% | -0.11% | +0.03% |
| company:773 | 0.00% | -0.03% | -0.03% |
| Prestige Estates Projects Ltd. | -0.06% | -0.03% | +0.03% |
| Torrent Pharmaceuticals Ltd. | -0.12% | -0.09% | +0.03% |
| UNO Minda Ltd. | -0.08% | -0.06% | +0.02% |
| The Federal Bank Ltd. | -0.11% | -0.09% | +0.02% |
| GAIL (India) Ltd. | -0.02% | -0.04% | -0.02% |
| PNB Housing Finance Ltd. | -0.05% | -0.03% | +0.02% |
| Dabur India Ltd. | -0.08% | -0.06% | +0.02% |
| Hindustan Petroleum Corporation Ltd. | -0.08% | -0.06% | +0.02% |
| AU Small Finance Bank Ltd. | -0.40% | -0.38% | +0.02% |
| company:18192 | 0.00% | -0.02% | -0.02% |
| company:8372 | 0.00% | 0.01% | +0.01% |
| company:16260 | 0.00% | -0.01% | -0.01% |
| Vishal Mega Mart Ltd. | -0.07% | -0.05% | +0.01% |
| Rail Vikas Nigam Ltd. | -0.04% | -0.03% | +0.01% |
| Bharat Petroleum Corporation Ltd. | -0.05% | -0.04% | +0.01% |
| Union Bank of India | -0.06% | -0.05% | +0.01% |
| Cholamandalam Investment and Finance Company Ltd. | -0.03% | -0.02% | +0.01% |
| Apollo Hospitals Enterprise Ltd. | -0.03% | -0.02% | +0.01% |
| Tube Investments Of India Ltd. | -0.03% | -0.02% | +0.01% |
| Hindustan Zinc Ltd. | -0.12% | -0.12% | 0.00% |
| Suzlon Energy Ltd. | -0.02% | -0.01% | 0.00% |
| Bank of India | -0.02% | -0.02% | 0.00% |
| Asian Paints Ltd. | -0.79% | -0.79% | 0.00% |
| APL Apollo Tubes Ltd. | -0.13% | -0.13% | 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 | ₹38,078 Cr | 2.45% | 6.1% | 6.4% | 6.6% |
 Kotak Arbitrage Fund | ₹75,712 Cr | 2.92% | 6.1% | 6.5% | 6.6% |
 ICICI Prudential Arbitrage Fund | ₹34,850 Cr | 2.16% | 6.2% | 6.4% | 6.5% |
 Invesco India Arbitrage Fund | ₹30,618 Cr | 2.91% | 6.1% | 6.4% | 6.6% |
 UTI Arbitrage Fund | ₹11,132 Cr | 1.80% | 6.1% | 6.5% | 6.6% |
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 months2.58% absolute | ₹60,000 | ₹61,548 | 2.58% | |
| 1 year5.66% annualised | ₹1,20,000 | ₹1,23,743 | 3.12% | |
| 3 years6.28% annualised | ₹3,60,000 | ₹3,97,080 | 10.30% | |
| 5 years5.70% annualised | ₹6,00,000 | ₹6,95,636 | 15.94% |
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 ₹34.86 as on 25 Sep 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 ₹13,205 Cr under management.