JM Arbitrage Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 7.15 | 5.1 | 4.36 | 5.07 |
Average Rolling Returns(%) | 5.70 | 5.80 | 6.27 | 6.69 |
The Current NAV of JM Arbitrage Fund - Growth - Direct Plan is ₹32.19.
It is better to invest in a fund with a longer track record as JM Arbitrage Fund - Growth - Direct Plan cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark NIFTY 500 returns, as Funds portfolio is significantly different.
JM Arbitrage Fund - Growth - Direct Plan fund’s expense ratio is 0.37%
The process for redemption is
The AUM of JM Arbitrage Fund - Growth - Direct Plan is currently ₹140 Crores.
The Top three stocks are Sun TV Network, HDFC Bank and Vedanta and account for 15% of its portfolio. Top 5 and 10 stocks of fund account for 22% and 36% of fund’s portfolio respectively.
Top three sectors of JM Arbitrage Fund - Growth - Direct Plan fund are Others, BFSI and Metals & Mining accounting for 51% of the total portfolio.
Since this is a Hybrid - Arbitrage Fund it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of JM Arbitrage Fund - Growth - Direct Plan Fund is Hybrid - Arbitrage Fund.
Asit Bhandarkar and Chaitanya Choksi manage the JM Arbitrage Fund - Growth - Direct Plan Fund.
JM Arbitrage Fund - Growth - Direct Plan current PE ratio is 39.85 and PB ratio is 5.43
The asset allocation of JM Arbitrage Fund - Growth - Direct Plan is Stocks : 73.09%, Debt : 18.89% and Gold : 8.03%
The minimum SIP amount for JM Arbitrage Fund - Growth - Direct Plan is ₹100.00 and minimum lumpsum is ₹1000.00
The exit load for JM Arbitrage Fund - Growth - Direct Plan is 0.50% on or before 30 days