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Mutual FundsJM Arbitrage Fund (direct) - Bonus Option - Principal Units

J

JM Arbitrage Fund (direct) - Bonus Option - Principal Units

5 Year Absolute Returns

30.71%profit

NAV (₹) on 19 Jun 2025

18.5753

1 Day NAV Change

+0.00%

2

Value Research

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About Fund

JM Arbitrage Fund (direct) - Bonus Option - Principal Units is a Hybrid mutual fund scheme launched on 02 Jul 2014. Investors can begin their investment journey with a minimum SIP of ₹0 or a lumpsum investment of ₹1,000.

NAV

NIFTY50

2X

Investors doubled money in past 133 months.


CAGR: 5.50%
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Returns Calculator

Based on Annualised Returns

Investment Type


SIP Amount


Investment Period

5Y

32.73 L

3.50%

34.04 L

4.88%

34.60 L

5.50%

Savings Account
Regular Funds
This Fund on Dhan

Total Investment

30,00,000

Returns

4,59,826 (15.33%)

Maturity Value

34,59,826

Disclaimer: Fixed deposits offer guaranteed returns. Mutual fund investments carry market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns.


Returns Comparison

This Fund1M Returns3M Returns6M Returns1Y Returns3Y Returns5Y Returns
Direct0.54%1.73%3.51%7.09%23.00%30.71%
Regular0.48%1.56%3.17%6.37%20.50%26.89%

*The above returns are absolute.


Fund Details

Min. SIP Amount

0.00


Min. Lumpsum Amount

1,000.00


AUM (in Cr.)

194.57


Expense Ratio

0.39%


Lock-in Period

No Lock in Period


Inception Date

02 Jul 2014


Fund Age

10 Yrs


Benchmark

Nifty 50 Arbitrage TRI


Scheme Type

Open Ended


Stamp Duty

0.005% (from July 1st 2020)


Exit Load

  • If Redeemed Within 30 Days.

Tax Implication

  • If you redeem within 1 year, STCG are taxed at 20%; If you redeem after 1 year, and returns exceed ₹1.25 Lakhs in a financial year, LTCG are taxed at 12.5%

Fund AUM History

ParametersJanFebMarAprMay
AUM (in Cr.)210212187194195
Change 152-2580
Change %7.77%1.06%-12.01%4.18%0.07%

Fund Returns Vs Nifty 50

Name1 Month3 Month6 Month1 Year3 Year5 Year
This Fund0.54%1.73%3.51%7.09%23.00%30.71%
Nifty 500%0%0%0%0%0%

*The above table contains absolute returns.


Asset Allocation

AUM

₹194.57 Cr

Cash Holding

93.38%

Equity

1.00%

Cash

93.38%

Debt

6.60%

Other

0.02%


Sector Holdings

as of 31 May 2025

SectorsWeightage
Other31.63%
Financial Services19.37%
Technology7.87%
Basic Materials6.99%
Consumer Cyclical6.75%
Energy5.76%
Communication Services5.54%
Healthcare4.72%
Utilities4.47%
Industrials4.37%
Real Estate1.75%
Consumer Defensive0.78%

Stock Holdings

as of 31 May 2025

NameWeightage

C

Cash Offsets For Shorts & Derivatives

68.37%

C

Ccil

11.22%

J

JM Liquid Dir Gr

7.05%

I

Infosys Limited

3.31%

I

Infosys

3.31%

F

Future on HDFC Bank Ltd

3.30%

H

HDFC Bank

3.30%

F

Future on Tata Consultancy Services Ltd

2.87%

T

Tata Consultancy Services

2.87%

F

Future on Reliance Industries Ltd

2.59%

R

Reliance Industries

2.59%

S

Shriram Finance Limited

2.58%

1

182 DTB 12062025

2.57%

G

GOI TBILL 364D-18/12/25

2.49%

F

Future on Tata Motors Ltd

2.44%

T

Tata Motors

2.44%

F

Future on Mahindra & Mahindra Ltd

2.41%

M

Mahindra & Mahindra

2.41%

F

Future on IDFC First Bank Ltd

2.33%

I

IDFC First Bank

2.33%

F

Future on Hindustan Aeronautics Ltd Ordinary Shares

2.11%

H

Hindustan Aeronautics

2.11%

F

Future on Tata Power Co Ltd

1.96%

T

Tata Power

1.96%

F

Future on Bank of Baroda

1.80%

B

Bank of Baroda

1.80%

F

Future on Jio Financial Services Ltd

1.70%

J

Jio Financial Services

1.70%

F

Future on Dixon Technologies (India) Ltd

1.70%

D

Dixon Technologies

1.70%

F

Future on Tata Steel Ltd

1.68%

T

Tata Steel

1.68%

F

Future on DLF Ltd

1.59%

D

DLF

1.59%

G

GOI TBILL 182D-10/07/25

1.53%

F

Future on UltraTech Cement Ltd

1.53%

U

UltraTech Cement

1.53%

G

GOI TBILL 182D-11/09/25

1.52%

I

Indus Towers Limited

1.51%

I

Indus Towers

1.51%

F

Future on Axis Bank Ltd

1.49%

A

Axis Bank

1.49%

F

Future on Vodafone Idea Ltd

1.47%

V

Vodafone Idea

1.47%

F

Future on LIC Housing Finance Ltd

1.44%

L

LIC Housing Finance

1.44%

F

Future on Bharti Airtel Ltd

1.40%

B

Bharti Airtel

1.40%

F

Future on RBL Bank Ltd

1.23%

R

RBL Bank

1.23%

F

Future on Cipla Ltd

1.20%

C

Cipla

1.20%

F

Future on Info Edge (India) Ltd

1.16%

I

Info Edge

1.16%

F

Future on Lupin Ltd

1.15%

L

Lupin

1.15%

F

Future on NTPC Ltd

1.11%

N

NTPC

1.11%

G

GOI TBILL 91D-03/07/25

1.07%

F

Future on Steel Authority Of India Ltd

1.06%

S

Steel Authority of India

1.06%

F

Future on Adani Enterprises Ltd

1.05%

A

Adani Enterprises

1.05%

9

91 Days Tbill Red 19-06-2025

1.03%

F

Future on Kotak Mahindra Bank Ltd

0.94%

K

Kotak Bank

0.94%

F

Future on Divi's Laboratories Ltd

0.78%

D

Divis Laboratories

0.78%

F

Future on ABB India Ltd

0.73%

A

ABB

0.73%

F

Future on Yes Bank Ltd

0.69%

Y

Yes Bank

0.69%

F

Future on State Bank of India

0.69%

S

State Bank of India

0.69%

F

Future on Petronet LNG Ltd

0.69%

P

Petronet LNG

0.69%

F

Future on Grasim Industries Ltd

0.69%

G

Grasim Industries

0.69%

F

Future on Life Insurance Corporation of India

0.68%

L

LIC of India

0.68%

F

Future on ICICI Bank Ltd

0.68%

I

ICICI Bank

0.68%

F

Future on National Aluminium Co Ltd

0.63%

N

NALCO

0.63%

F

Future on India Shelter Finance Corporation Ltd

0.60%

I

Indian Oil Corporation

0.60%

F

Future on SBI Life Insurance Co Ltd

0.59%

S

SBI Life Insurance

0.59%

F

Future on JSW Energy Ltd

0.58%

J

JSW Energy

0.58%

N

Net Receivable/Payable

0.57%

F

Future on Bajaj Auto Ltd

0.53%

B

Bajaj Auto

0.53%

F

Future on Bosch Ltd

0.52%

B

Bosch

0.52%

F

Future on Max Healthcare Institute Ltd Ordinary Shares

0.52%

M

Max Healthcare Institute

0.52%

F

Future on Bharat Electronics Ltd

0.51%

B

Bharat Electronics

0.51%

F

Future on Patanjali Foods Ltd

0.46%

P

Patanjali Foods

0.46%

F

Future on Hindustan Zinc Ltd

0.46%

H

Hindustan Zinc

0.46%

F

Future on JSW Steel Ltd

0.45%

J

JSW Steel

0.45%

F

Future on Trent Ltd

0.44%

T

Trent

0.44%

F

Future on ICICI Prudential Life Insurance Co Ltd

0.43%

I

ICICI Prudential Life Insurance

0.43%

F

Future on Biocon Ltd

0.43%

B

Biocon

0.43%

F

Future on Power Grid Corp Of India Ltd

0.43%

P

Power Grid Corporation of India

0.43%

F

Future on Hindalco Industries Ltd

0.36%

H

Hindalco Industries

0.36%

F

Future on Bandhan Bank Ltd

0.34%

B

Bandhan Bank

0.34%

F

Future on Bharat Petroleum Corp Ltd

0.32%

B

Bharat Petroleum

0.32%

F

Future on Oil & Natural Gas Corp Ltd

0.31%

O

Oil & Natural Gas Corporation

0.31%

F

Future on Crompton Greaves Consumer Electricals Ltd

0.29%

C

Crompton Greaves

0.29%

F

Future on GMR Airports Ltd

0.29%

G

GMR Airports

0.29%

F

Future on Larsen & Toubro Ltd

0.28%

L

Larsen & Toubro

0.28%

F

Future on Adani Green Energy Ltd

0.22%

A

Adani Green Energy

0.22%

F

Future on Laurus Labs Ltd

0.21%

L

Laurus Labs

0.21%

F

Future on Bajaj Finserv Ltd

0.21%

B

Bajaj Finserv

0.21%

F

Future on InterGlobe Aviation Ltd

0.21%

I

Interglobe Aviation

0.21%

F

Future on Hindustan Unilever Ltd

0.18%

H

Hindustan Unilever

0.18%

F

Future on Bajaj Finance Ltd

0.18%

B

Bajaj Finance Ltd

0.18%

F

Future on Apollo Hospitals Enterprise Ltd

0.18%

A

Apollo Hospitals

0.18%

F

Future on Godrej Properties Ltd

0.16%

G

Godrej Properties

0.16%

F

Future on Coal India Ltd

0.15%

C

Coal India

0.15%

F

Future on Indian Railway Catering And Tourism Corp Ltd

0.14%

I

IRCTC

0.14%

F

Future on Multi Commodity Exchange of India Ltd

0.14%

M

MCX

0.14%

M

Marico Limited

0.13%

M

Marico

0.13%

F

Future on Aurobindo Pharma Ltd

0.13%

A

Aurobindo Pharma

0.13%

F

Future on Shriram Finance Ltd

0.12%

S

Shriram Finance

0.12%

F

Future on Sun Pharmaceuticals Industries Ltd

0.12%

S

Sun Pharmaceutical

0.12%

F

Future on PNB Housing Finance Ltd

0.10%

P

PNB Housing Finance

0.10%

F

Future on GAIL (India) Ltd

0.09%

G

GAIL

0.09%

F

Future on Punjab National Bank

0.09%

P

Punjab National Bank

0.09%

F

Future on NHPC Ltd

0.09%

N

NHPC

0.09%

F

Future on Pidilite Industries Ltd

0.08%

P

Pidilite Industries

0.08%

F

Future on Indian Energy Exchange Ltd

0.08%

I

Indian Energy Exchange

0.08%

F

Future on CG Power & Industrial Solutions Ltd

0.08%

C

CG Power & Industrial Solutions

0.08%

P

Power Finance Corporation Limited

0.05%

P

Power Finance Corporation

0.05%

F

Future on NMDC Steel Ltd

0.05%

N

NMDC

0.05%

F

Future on Hindustan Petroleum Corp Ltd

0.04%

H

Hindustan Petroleum

0.04%

F

Future on Jubilant Foodworks Ltd

0.04%

J

Jubilant FoodWorks

0.04%

T

The Indian Hotels Company Limited

0.04%

I

Indian Hotels Company

0.04%

F

Future on Bharat Heavy Electricals Ltd

0.04%

B

Bharat Heavy Electricals

0.04%

F

Future on IIFL Finance Ltd

0.03%

I

IIFL Finance

0.03%

F

Future on Aditya Birla Fashion and Retail Ltd

0.03%

A

Aditya Birla Fashion & Retail

0.03%

F

Future on Bank of India

0.03%

B

Bank of India

0.03%

S

Samvardhana Motherson International

0.00%

H

HDFC AMC

0.00%

P

Polycab

0.00%

9

91 DTB 30052025

0.00%

A

Adani Ports & SEZ

0.00%

C

Canara Bank

0.00%

E

Escorts Kubota

0.00%

T

Tech Mahindra

0.00%

J

Jindal Steel

0.00%

T

Titan

0.00%

L

LIC Housing Finance Ltd

0.00%

H

Hero Motocorp

0.00%

C

Container Corporation of India

0.00%

U

UPL

0.00%
SIP Logo

Start SIP with as Low as ₹100.


Fund Comparison

1Y Returns

7.70%

3Y Returns

7.81%

5Y Returns

6.39%

1Y Returns

7.71%

3Y Returns

7.73%

5Y Returns

6.36%

1Y Returns

7.78%

3Y Returns

7.67%

5Y Returns

6.33%

1Y Returns

7.70%

3Y Returns

7.67%

5Y Returns

6.32%

1Y Returns

7.50%

3Y Returns

7.53%

5Y Returns

6.21%


Fund Managers

Satish Ramanathan

Name

Satish Ramanathan

Qualification

B.Tech, MBA from USA and CFA Holder.

Asit Bhandarkar

Name

Asit Bhandarkar

Qualification

B.Com., MMS

Chaitanya Choksi

Name

Chaitanya Choksi

Qualification

MMS(Finance), CFA

Deepak Gupta

Name

Deepak Gupta

Qualification

B.com., CA.,Cost Accountant(AIMR), CFA

Ruchi Fozdar

Name

Ruchi Fozdar

Qualification

BSC - Organic chemistry & PGDBM Finance


Fund 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


Risk-O-Meter

Investors understand that their principal will be at

Low Risk

Risk Scale

Low

Moderately Low

Moderate

Moderately High

High

Very High


AMC Information

JM Financial Mutual Fund

Funds Managed

15

Assets Managed (₹ Cr)

₹ 13,882.47

Contact Details

Registered Address

locate

Office B,8th Floor, Cnergy,AppasahebMarathe Marg,prabhadevi,Mumbai - 400 025.


Top Funds from JM Financial Mutual Fund

1Y Returns

-3.26%

3Y Returns

31.47%

5Y Returns

29.13%

1Y Returns

-3.99%

3Y Returns

29.99%

5Y Returns

27.98%

1Y Returns

0.06%

3Y Returns

26.31%

5Y Returns

26.26%

1Y Returns

-0.63%

3Y Returns

25.15%

5Y Returns

22.06%

1Y Returns

-2.81%

3Y Returns

21.89%

5Y Returns

19.34%

1Y Returns

-0.99%

3Y Returns

-

5Y Returns

-

1Y Returns

-0.15%

3Y Returns

-

5Y Returns

-


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FAQs

JM Arbitrage Fund (direct) Bonus Option - Principal Units was launched on 02 Jul 2014.
The current NAV of JM Arbitrage Fund (direct) Bonus Option - Principal Units is ₹18.5753 as of 19 Jun 2025.
The latest value of AUM of JM Arbitrage Fund (direct) Bonus Option - Principal Units is ₹194.57 crores as of 19 Jun 2025.
The return on investment of JM Arbitrage Fund (direct) Bonus Option - Principal Units is:
  • In the past 1Y: 7.09%
  • In the past 3Y: 7.14%
  • In the past 5Y: 5.50%
The expense ratio of JM Arbitrage Fund (direct) Bonus Option - Principal Units is 0.39%.
The exit load of JM Arbitrage Fund (direct) Bonus Option - Principal Units is as follows:
If Redeemed Within 30 Days.
The portfolio of JM Arbitrage Fund (direct) Bonus Option - Principal Units includes:
  1. Infosys: 3.31%
  2. HDFC Bank: 3.30%
  3. Tata Consultancy Services: 2.87%
  4. Reliance Industries: 2.59%
  5. Tata Motors: 2.44%

Top 3 sectoral holdings include:
  1. Others: 168.37%
  2. Financial Services: 19.37%
  3. Technology: 7.87%
On the risk scale of Low, Moderately Low, Moderate, Moderately High, High and Very High, the risk-o-meter of JM Arbitrage Fund (direct) Bonus Option - Principal Units is Low.
The fund manager of JM Arbitrage Fund (direct) Bonus Option - Principal Units is Satish Ramanathan, Asit Bhandarkar, Chaitanya Choksi, Deepak Gupta, Ruchi Fozdar.
If you wish to invest in JM Arbitrage Fund (direct) Bonus Option - Principal Units, the minimum SIP amount is ₹0 and Lumpsum is ₹1,000.
You can easily invest in mutual funds at 0% commission on Dhan. Here's how you can directly invest in JM Arbitrage Fund (direct) Bonus Option - Principal Units:
  • Open Demat Account on Dhan if you don't have one.
  • Analyze the fund performance.
  • Invest via SIP or Lumpsum.
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