JM Arbitrage Fund (Direct) - Half Yearly IDCW

Open Ended Schemes(Hybrid Scheme - Arbitrage Fund)Low Riskvs Nifty 50 Arbitrage TRIISIN INF192K01KU2

NAV · 06-Jul-2026

₹17.1156

+0.80%

+3.13%

1Y (CAGR)

+6.32%

3Y (CAGR)

+7.15%

5Y (CAGR)

+6.23%

Since inception (CAGR)

+4.31%

NAV history

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Risk & SIP analytics

Q2 · 3Y in category

Volatility (3y)

0.97%

Downside dev (3y)

0.57%

Max drawdown (3y)

-0.3%

Sharpe (3y)

0.67

SIP XIRR (3y)

+6.76%

SIP XIRR (5y)

+6.81%

Calendar-year returns

2020 +3.0%2021 +3.2%2022 +4.6%2023 +7.4%2024 +7.9%2025 +6.6%

Vs benchmark — Nifty 50

3y monthly · 36 months of overlap

Beta

0.00

Alpha (p.a.)

+0.46%

Up capture

12.9%

Down capture

-27.6%

Correlation

-0.09

Fund facts

Fund managerSatish Ramanathan · Asit Bhandarkar · Ruchi Fozdar · Deepak Gupta

AUM₹3,690 Cr

Expense ratio0.35% · 2026-05-31

TER · AMFI officialDirect 1.50% · Regular 2.15% (2026-06-30)

Launch date01-Jun-2006

Plan typeOpen Ended · Hybrid

Min lumpsum₹1,000

Min SIP₹100

Lock-inNone

Volatility1.02

AMCJM Financial Asset Management Limited

Objective · The investment objective of the Scheme is to generate income through arbitrage opportunities emerging out of mispricing between the cash market and the derivatives market and through deployment of surplus cash in fixed income instruments. There can be no assurance that the investment objective of the scheme will be realized. The scheme does not guarantee/ indicate any returns. Investors are required to read all the scheme related information set out in this document carefully

scheme documents ↗