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Value Research Rating
Analyst’s Choice
Riskometer
Low
₹31.1407 0.20%
As on 04-Oct-2024
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|
|---|---|---|---|---|---|---|
|
JM Arbitrage Fund
|
|
|
Low
|
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1.07 |
|
 |
|
Low
|
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1.01 |
||
 |
|
Low
|
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0.96 |
||
|
|
Low
|
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0.89 |
||
|
|
Low
|
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1.06 |
₹180 Cr
0.50 (30)
1,000
500
100
12
Investment Strategy
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.
Suitability
"Arbitrage funds invest in equity shares and derivatives, and earn their returns through the price differential between a stock and its futures. You can expect to earn better returns than what you would get from a bank account.
They are usually suitable to park your money for a period ranging between three months to a year. However, we believe that liquid funds, which have a similar risk-return payoff, are a better alternative for most investors for such a time frame. Arbitrage funds may have some appeal for those who are in the highest tax bracket, given the preferential tax treatment of these funds.
The risk of incurring a loss in these funds over the said time frame is low but they do not guarantee returns or safety of capital.
Remember, these funds usually deliver low returns which are only marginally higher than your bank account. They are not suitable if your aim is to build wealth in the long run."
Capital Gains Taxation
Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.
Dividend Taxation
JM Arbitrage Fund invests in equity shares and derivatives and earns through the price differential between a stock and its futures.
Mutual funds can be bought directly from the website of the fund house. For instance, JM Arbitrage Fund fund can be purchased from the website of JM Financial Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.
The NAV of JM Arbitrage Fund is ₹31.1407 as of 06-Oct-2024.
The AUM of JM Arbitrage Fund Fund is ₹180 Cr as of 31-Aug-2024
The riskometer level of JM Arbitrage Fund is Low. See More
| Company | Percentage of Portfolio |
|---|---|
|
JM Liquid Direct-G |
7.24
|
|
Reserve Bank of India T-Bills 182-D 18/10/2024 |
2.76
|
|
Reserve Bank of India T-Bills 364-D 12/12/2024 |
2.73
|
|
Reserve Bank of India T-Bills 91-D 07/11/2024 |
1.65
|
|
Reserve Bank of India T-Bills 364-D 14/11/2024 |
1.15
|
As of 31-Aug-2024, JM Arbitrage Fund had invested 80.24% in Cash & Cash Eq., 20.16% in Debt and -0.4% in Equity See More
JM Arbitrage Fund is 18 years 2 months old. It has delivered 6.43% returns since inception. See More
|
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
|---|---|---|---|---|---|
|
6.97%
|
5.63%
|
4.45%
|
4.75%
|
5.29%
|
6.43%
|
No, There is no lock in period in JM Arbitrage Fund.
The expense ratio of JM Arbitrage Fund is 1.07.
