(Erstwhile JM Arbitrage Advantage Fund) Table of Contents The primary investment objective of the scheme is 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. JM Arbitrage Fund is a Hybrid - Arbitrage fund launched on 18 Jul 06. It is a fund with Moderately Low risk and has given a Below is the key information for JM Arbitrage Fund Returns up to 1 year are on Historical performance (Yearly) on absolute basis Jm Arbitrage Fund - G
Scheme Objective
CAGR
return of 6.4% since its launch. Ranked 14 in Arbitrage
category. Return for 2022 was 4% , 2021 was 2.8% and 2020 was 2.6% . NAV as on 22 Aug 23 ₹28.8473 ↑ 0.02 (0.06 %) Net Assets (AUM) as on 31 Jul 2023 ₹113 Cr. Launch Date 18 Jul 2006 Category Hybrid - Arbitrage Rating ☆☆ Type Open Ended Fund Risk Moderately Low AMC JM Financial Asset Management Limited Alpha Ratio 0.0 Expense Ratio 1.02 % Sharpe Ratio -1.474 Information Ratio 0.0 Benchmark Not Available Min Investment ₹5,000 Min SIP Investment ₹500 Exit Load 0-30 Days (0.5%),30 Days and above(NIL) NAV Price Chart
Returns
Annual Compounded Returns
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 22 Aug 23 Duration Returns 1 Month 0.6% 3 Month 1.7% 6 Month 3.2% 1 Year 6.2% 3 Year 3.9% 5 Year 4.2% 10 Year 15 Year Since launch 6.4% Historical Annual Returns
Year Returns 2022 4% 2021 2.8% 2020 2.6% 2019 5.3% 2018 5.4% 2017 5.1% 2016 6.8% 2015 7.2% 2014 8.4% Growth of 10k Over Years
Date Value 30 Sep 18 ₹10,000 30 Sep 19 ₹10,547 30 Sep 20 ₹10,867 30 Sep 21 ₹11,160 30 Sep 22 ₹11,527 30 Sep 23 ₹12,270 Asset Allocation
Asset Class Value Cash 91.65% Debt 8.35% Sector Allocation
Sector Value Cash Equivalent 88.5% Corporate 9.6% Government 1.9% Rating Value AA 22.68% AAA 77.32% Sector Value Financial Services 31.67% Energy 8.17% Basic Materials 7.85% Communication Services 5.54% Utility 3.98% Health Care 3.27% Industrials 3.16% Consumer Defensive 2.63% Consumer Cyclical 0.43% Real Estate 0.14% Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity JM Liquid Dir Gr
Investment Fund | -11% ₹13 Cr 2,016,630
↓ -119,555 Future on HDFC Bank Ltd
Derivatives | -9% -₹10 Cr HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 23 | HDFCBANKBanks - Regional 9% ₹10 Cr 64,900
↑ 12,650 Future on Bandhan Bank Ltd
Derivatives | -6% -₹7 Cr Bandhan Bank Ltd (Financial Services)
Equity, Since 31 Jul 23 | BANDHANBNKBanks - Regional 6% ₹7 Cr 302,500
↑ 210,000 Future on LIC Housing Finance Ltd
Derivatives | -5% -₹6 Cr LIC Housing Finance Ltd (Financial Services)
Equity, Since 30 Apr 23 | LICHSGFINMortgage Finance 5% ₹6 Cr 150,000
↑ 72,000 Muthoot Finance Limited
Debentures | -4% ₹5 Cr 50,000
↑ 50,000 182 DTB 22092023
Sovereign Bonds | -4% ₹5 Cr 500,000 Shriram Finance Limited
Debentures | -4% ₹5 Cr 50
Talk to our investment specialistFund Managers
Name Since Tenure Asit Bhandarkar 1 Aug 14 9.09 Yr. Gurvinder Wasan 1 Dec 22 0.75 Yr. Chaitanya Choksi 1 Feb 11 12.59 Yr. Custodians
Company Address HDFC Bank Ltd HDFC Bank House,Kamala Mills Compound,Senapati Bapat Marg,,Lower Parel (W), Registrar & Transfer Agent
KFin Technologies Ltd Address KFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar, FAX 91-40-23311968 Email mailmanager@karvy.com Administrator Companies
Company Address JM Financial Asset Management Limited JM Financial Asset Management Private Limited,502, 5th Floor, A - Wing,,Laxmi Towers, Bandra-Kurla Complex,,Bandra-East Auditors
Company Address Haribhakti & Co. Chartered Accountants 42, Free Press House,4th Floor,,215, Nariman Point, S. R. BATLIBOI & Co Express Tower, 6th Floor,Nariman Point,Mumbai All Plan & Options
Fund and Plan NAV 6 Month 1 Year 3 Year 5 Year JM Arbitrage Fund
Growth ₹28.8473
↑ 0.02 3.21 % 6.16 % 3.93 % 4.2 % JM Arbitrage Fund
Normal Dividend, Payout ₹13.3891
↑ 0.01 3.21 % 6.16 % 3.93 % 4.2 % JM Arbitrage Fund
Quarterly Dividend, Payout ₹13.0274
↑ 0.01 3.21 % 6.15 % 3.93 % 4.19 % JM Arbitrage Fund
Monthly Dividend, Payout ₹11.3416
↑ 0.01 3.21 % 6.16 % 3.95 % 3.57 % JM Arbitrage Fund
Annual Dividend, Payout ₹12.7446
↑ 0.01 3.21 % 6.16 % 3.93 % 4.2 % JM Arbitrage Fund
Half-Yearly Dividend, Payout ₹12.8373
↑ 0.01 3.21 % 6.15 % 3.93 % 4.19 % Data as on 22 Aug 23