JM Arbitrage Fund - Growth has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 7.08 | 5.01 | 4.5 | 5.06 |
Average Rolling Returns(%) | 5.68 | 5.81 | 6.29 | 6.70 |
The Current NAV of JM Arbitrage Fund - Growth is ₹30.25.
It is better to invest in a fund with a longer track record as JM Arbitrage Fund - Growth cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark Nifty 50 Arbitrage returns, as Funds portfolio is significantly different.
JM Arbitrage Fund - Growth fund’s expense ratio is 1.07%
The process for redemption is
The AUM of JM Arbitrage Fund - Growth is currently ₹127 Crores.
The Top three stocks are HDFC Bank, Larsen & Toubro and Reliance Industries and account for 14% of its portfolio. Top 5 and 10 stocks of fund account for 20% and 31% of fund’s portfolio respectively.
Top three sectors of JM Arbitrage Fund - Growth fund are BFSI, Others and Miscellaneous accounting for 57% 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 Fund is Hybrid - Arbitrage Fund.
Asit Bhandarkar and Chaitanya Choksi manage the JM Arbitrage Fund - Growth Fund.
JM Arbitrage Fund - Growth current PE ratio is 34.50 and PB ratio is 6.10
The asset allocation of JM Arbitrage Fund - Growth is Stocks : 63.28%, Debt : 30.29% and Gold : 6.44%
The minimum SIP amount for JM Arbitrage Fund - Growth is ₹100.00 and minimum lumpsum is ₹1000.00
The exit load for JM Arbitrage Fund - Growth is 0.50% on or before 30 days