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jm arbitrage fund (direct) half yearly payout of income distribution cum capital withdrawal
JM Arbitrage Fund (Direct) Half Yearly Payout of Income Distribution cum capital withdrawal

JM Arbitrage Fund (Direct) Half Yearly Payout of Income Distribution cum capital withdrawal

  • Low Risk
  • Alternative
  • Arbitrage Fund
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NAV as on Apr 2, 2026
i
Price per unit of the scheme.
₹ 16.85270.11%1 Day Change
0.54%
Minimum Investment₹1000
Expense Ratio0.35%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.
*Morningstar Rating Methodologyi
i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions
 

bt_logoFUND PERFORMANCE

As On Jan 01, 2023
Compare fund’s performance against category average across different time periods


No Data Found.
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

bt_logoFUND COMPARISON

1M3M6M1Y3Y5Y
This Fund
JM Arbitrage Fund (Direct) Half Yearly Payout of Income Distribution cum capital withdrawal
VS
Alternative: Arbitrage Fund Average NAV
    Topper in Alternative: Arbitrage Fund
    All Fund


    No Data Found.
    *For the other fund, rescaled NAVs are used
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    bt_logoRETURN CALCULATOR

    Check the return on your investment in the fund
    JM Arbitrage Fund (Direct) Half Yearly Payout of Income Distribution cum capital withdrawal
    Investment Type
    Monthly Investment
    Time Period (yrs)
    Annual Return in %
    • Invested Amount
      ₹0
    • Return
      ₹0
    • Current Value
      ₹0

    bt_logoFUND SUMMARY

    Benchmark
    NIFTY 50 Arbitrage TR INR
    Expense Ratio
    0.35%
    Category Avg Expense Ratio
    0.38%
    Minimum Investment (Lumpsum/SIP)
    ₹ 1000 /₹ 100
    Lock In (Years)
    No Lock-in
    Fund Size
    ₹ 376.20 Cr(As on Jan, 2026)
    Inception Date
    Jul 27, 2015
    Turnover
    1,532.20 %
    Exit Load
    If units redeemed or switched out are over and above the limit within 30 Days from the date of allotment. 0.50%

    bt_logoABOUT THE 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

    JM Arbitrage Fund (Direct) Half Yearly Payout of Income Distribution cum capital withdrawal is an Alternative - Arbitrage Fund fund. The fund was launched inJul 27, 2015. Its risk level is . The NAV of the fund as onApr 02, 2026 is ₹16.85. Its expense ratio is 0.35 %. The fund has an AUM of ₹376.20 Cr.The fund is managed byAsit Bhandarkar,Gurvinder Wasan,Chaitanya Choksi,Satish Ramanathan,Ruchi Fozdar,Deepak Gupta.
    The minimum initial investment is  ₹1000 in Lumpsum mode.

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    bt_logoFUND MANAGER

    Asit Bhandarkar
    Asit Bhandarkar
    i
    Lead Fund Manager.
    Aug 1, 2014 - Present
    • Schemes managed9
    • Total AUM₹ 9,843.68 Cr
    • Highest Return In 1 Yr6.41 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    JM Tax Gain Fund (Direct) - Growth
    ₹ 49.64
    -6.92%
    -8.00%
    Very High Risk
    ₹215.84Cr
    JM Focused Fund (Direct) - Growth Option
    ₹ 20.56
    -7.92%
    -8.53%
    Very High Risk
    ₹284.03Cr
    JM Large Cap Fund (Direct) - Growth
    ₹ 161.02
    -8.72%
    -8.74%
    Very High Risk
    ₹444.32Cr
    JM Tax Gain Fund (Direct) - Growth
    Very High Risk
    • NAV₹ 49.64
    • Fund Size₹215.84Cr
    Fund Return-6.92%
    Category Return-8.00%
    JM Focused Fund (Direct) - Growth Option
    Very High Risk
    • NAV₹ 20.56
    • Fund Size₹284.03Cr
    Fund Return-7.92%
    Category Return-8.53%
    JM Large Cap Fund (Direct) - Growth
    Very High Risk
    • NAV₹ 161.02
    • Fund Size₹444.32Cr
    Fund Return-8.72%
    Category Return-8.74%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Gurvinder Wasan
    Gurvinder Wasan
    i
    Lead Fund Manager.
    Dec 1, 2022 - Present
    • Schemes managed37
    • Total AUM₹ 53,628.94 Cr
    • Highest Return In 1 Yr8.24 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    JM Tax Gain Fund (Direct) - Growth
    ₹ 49.64
    -6.92%
    -8.00%
    Very High Risk
    ₹215.84Cr
    JM Midcap Fund Direct Growth
    --
    ₹ 18.00
    -6.60%
    -7.64%
    Very High Risk
    ₹1,105.21Cr
    JM Flexicap Fund (Direct) Growth Option
    ₹ 97.34
    -8.54%
    -8.02%
    Very High Risk
    ₹5,152.36Cr
    JM Tax Gain Fund (Direct) - Growth
    Very High Risk
    • NAV₹ 49.64
    • Fund Size₹215.84Cr
    Fund Return-6.92%
    Category Return-8.00%
    JM Midcap Fund Direct Growth
    Very High Risk--
    • NAV₹ 18.00
    • Fund Size₹1,105.21Cr
    Fund Return-6.60%
    Category Return-7.64%
    JM Flexicap Fund (Direct) Growth Option
    Very High Risk
    • NAV₹ 97.34
    • Fund Size₹5,152.36Cr
    Fund Return-8.54%
    Category Return-8.02%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Chaitanya Choksi
    Chaitanya Choksi
    i
    Lead Fund Manager.
    Feb 1, 2011 - Present
    • Schemes managed9
    • Total AUM₹ 9,843.68 Cr
    • Highest Return In 1 Yr6.41 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    JM Tax Gain Fund (Direct) - Growth
    ₹ 49.64
    -6.92%
    -8.00%
    Very High Risk
    ₹215.84Cr
    JM Midcap Fund Direct Growth
    --
    ₹ 18.00
    -6.60%
    -7.64%
    Very High Risk
    ₹1,105.21Cr
    JM Flexicap Fund (Direct) Growth Option
    ₹ 97.34
    -8.54%
    -8.02%
    Very High Risk
    ₹5,152.36Cr
    JM Tax Gain Fund (Direct) - Growth
    Very High Risk
    • NAV₹ 49.64
    • Fund Size₹215.84Cr
    Fund Return-6.92%
    Category Return-8.00%
    JM Midcap Fund Direct Growth
    Very High Risk--
    • NAV₹ 18.00
    • Fund Size₹1,105.21Cr
    Fund Return-6.60%
    Category Return-7.64%
    JM Flexicap Fund (Direct) Growth Option
    Very High Risk
    • NAV₹ 97.34
    • Fund Size₹5,152.36Cr
    Fund Return-8.54%
    Category Return-8.02%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Satish Ramanathan
    Satish Ramanathan
    i
    Lead Fund Manager.
    Oct 1, 2024 - Present
    • Schemes managed9
    • Total AUM₹ 9,843.68 Cr
    • Highest Return In 1 Yr6.41 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    JM Midcap Fund Direct Growth
    --
    ₹ 18.00
    -6.60%
    -7.64%
    Very High Risk
    ₹1,105.21Cr
    JM Flexicap Fund (Direct) Growth Option
    ₹ 97.34
    -8.54%
    -8.02%
    Very High Risk
    ₹5,152.36Cr
    JM Large Cap Fund (Direct) - Growth
    ₹ 161.02
    -8.72%
    -8.74%
    Very High Risk
    ₹444.32Cr
    JM Midcap Fund Direct Growth
    Very High Risk--
    • NAV₹ 18.00
    • Fund Size₹1,105.21Cr
    Fund Return-6.60%
    Category Return-7.64%
    JM Flexicap Fund (Direct) Growth Option
    Very High Risk
    • NAV₹ 97.34
    • Fund Size₹5,152.36Cr
    Fund Return-8.54%
    Category Return-8.02%
    JM Large Cap Fund (Direct) - Growth
    Very High Risk
    • NAV₹ 161.02
    • Fund Size₹444.32Cr
    Fund Return-8.72%
    Category Return-8.74%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Ruchi Fozdar
    Ruchi Fozdar
    i
    Lead Fund Manager.
    Oct 4, 2024 - Present
    • Schemes managed19
    • Total AUM₹ 23,929.06 Cr
    • Highest Return In 1 Yr6.77 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    JM Low Duration Fund (Direct) - Growth
    ₹ 39.77
    0.18%
    0.03%
    Low to Moderate Risk
    ₹197.91Cr
    JM Liquid Fund (Direct) - Growth Option
    --
    ₹ 75.33
    0.62%
    0.54%
    Low to Moderate Risk
    ₹2,702.86Cr
    JM Liquid Fund Unclaimed Redemption IEF (Direct) Growth Plan
    --
    ₹ 41.44
    0.00%
    0.54%
    Low to Moderate Risk
    ₹2,702.86Cr
    JM Low Duration Fund (Direct) - Growth
    Low to Moderate Risk
    • NAV₹ 39.77
    • Fund Size₹197.91Cr
    Fund Return0.18%
    Category Return0.03%
    JM Liquid Fund (Direct) - Growth Option
    Low to Moderate Risk--
    • NAV₹ 75.33
    • Fund Size₹2,702.86Cr
    Fund Return0.62%
    Category Return0.54%
    JM Liquid Fund Unclaimed Redemption IEF (Direct) Growth Plan
    Low to Moderate Risk--
    • NAV₹ 41.44
    • Fund Size₹2,702.86Cr
    Fund Return0.00%
    Category Return0.54%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Deepak Gupta
    Deepak Gupta
    i
    Lead Fund Manager.
    Apr 11, 2025 - Present
    • Schemes managed9
    • Total AUM₹ 9,843.68 Cr
    • Highest Return In 1 Yr6.41 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    JM Large Cap Fund (Direct) - Growth
    ₹ 161.02
    -8.72%
    -8.74%
    Very High Risk
    ₹444.32Cr
    JM Focused Fund (Direct) - Growth Option
    ₹ 20.56
    -7.92%
    -8.53%
    Very High Risk
    ₹284.03Cr
    JM Small Cap Fund Direct Growth
    --
    ₹ 8.68
    -6.79%
    -5.39%
    Very High Risk
    ₹627.64Cr
    JM Large Cap Fund (Direct) - Growth
    Very High Risk
    • NAV₹ 161.02
    • Fund Size₹444.32Cr
    Fund Return-8.72%
    Category Return-8.74%
    JM Focused Fund (Direct) - Growth Option
    Very High Risk
    • NAV₹ 20.56
    • Fund Size₹284.03Cr
    Fund Return-7.92%
    Category Return-8.53%
    JM Small Cap Fund Direct Growth
    Very High Risk--
    • NAV₹ 8.68
    • Fund Size₹627.64Cr
    Fund Return-6.79%
    Category Return-5.39%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoDETAILED PORTFOLIO

    As on Feb, 2026
    EQUITY (-0.32%)
    DEBT (7.50%)
    CASH (92.81%)
    Allocation by Market Cap
    Large Cap(50.24%)
    Mid Cap(16.51%)
    Small Cap(2.47%)
    Other Cap(0.01%)
    Industry Holdings
    • Banks Regional31.90%
    • Steel8.59%
    • Telecom Services7.68%
    • Internet Retail5.82%
    • Financial Exchanges5.40%
    • Packaged Foods3.36%
    Stock Holdings
    • Future on HDFC Bank Ltd5.52%
    • HDFC Bank Ltd5.48%
    • Future on ICICI Bank Ltd4.73%
    • ICICI Bank Ltd4.70%
    • Eternal Limited 30/03/20264.00%
    • Eternal Ltd3.98%

    bt_logoPERFORMANCE MEASURES

    Fund evaluation across critical parameters for better decision making. Study period is 3 years.
    • Consistency
      i
      It represents the consistency of a fund in beating its benchmark.
      ----
    • Downside Risk
      i
      Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
      ----
    • Risk Adjusted Return
      i
      Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
      ----
    • Volatility
      i
      Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
      ----
    • Upside Capture Ratio
      i
      Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
      ----
    • Downside Capture Ratio
      i
      Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.
      ----

    bt_logoHISTORICAL RISK MEASURES

    Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.
    • Alpha: Excess return of the fund over benchmark
      i
      Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
      --
      This Fund
      VS
      --
      Category Avg
    • R-Squared: How well the fund tracks benchmark
      i
      R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
      --
      This Fund
      VS
      --
      Category Avg
    • Beta: Risk of the fund in relation to benchmark
      i
      Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
      --
      This Fund
      VS
      --
      Category Avg
    • Sharpe Ratio: Risk adjusted return of the fund
      i
      Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
      1.94
      This Fund
      VS
      1.32
      Category Avg
    • Sortino Ratio: Return per unit of bad risk
      i
      A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
      4.40
      This Fund
      VS
      4.33
      Category Avg
    • Standard Devation: Volatility of the fund
      i
      Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
      0.38
      This Fund
      VS
      0.50
      Category Avg
    Benchmark used in calculation : S&P BSE 500 India TR INR

    bt_logoPEER ANALYSIS

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoTOP FUNDS FROM THIS AMC

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoABOUT THE AMC

    company icon
    JM Financial Asset Management Limited
    JM Financial Asset Management Limited manages assets worth ₹ 24,328.61 crores. It’s current offering of mutual fund schemes includes 8 equity, 6 debt and 1 hybrid schemes.
    phone icon
    Phone
    +91 22 61987777
    mail icon
    Email
    investor@jmfl.com
    aum
    AUM
    ₹ 24,328.61 Cr (
    As on Feb 28, 2026
    )
    location
    Address
    502, 5th Floor, A - Wing, Mumbai,400 051

    bt_logoFAQs

    What is the category of JM Arbitrage Fund (Direct) Half Yearly Payout of Income Distribution cum capital withdrawal ?
    The category of JM Arbitrage Fund (Direct) Half Yearly Payout of Income Distribution cum capital withdrawal is Alternative - Arbitrage Fund
    What is the current NAV of JM Arbitrage Fund (Direct) Half Yearly Payout of Income Distribution cum capital withdrawal ?
    The current NAV of JM Arbitrage Fund (Direct) Half Yearly Payout of Income Distribution cum capital withdrawal as on Apr 02, 2026 is ₹16.85
    How safe is JM Arbitrage Fund (Direct) Half Yearly Payout of Income Distribution cum capital withdrawal ?
    The risk level of JM Arbitrage Fund (Direct) Half Yearly Payout of Income Distribution cum capital withdrawal is Low.
    What are short term returns given by JM Arbitrage Fund (Direct) Half Yearly Payout of Income Distribution cum capital withdrawal ?
    The return given by JM Arbitrage Fund (Direct) Half Yearly Payout of Income Distribution cum capital withdrawal in 1 month is 0.54%, 3 months is 1.62%, 6 months is 3.36%, and 1 year is 6.41%
    What are the long term returns given by JM Arbitrage Fund (Direct) Half Yearly Payout of Income Distribution cum capital withdrawal ?
    The return given by JM Arbitrage Fund (Direct) Half Yearly Payout of Income Distribution cum capital withdrawal in 3 years is 7.26% and 5 years is 6.17%.
    What is the expense ratio of JM Arbitrage Fund (Direct) Half Yearly Payout of Income Distribution cum capital withdrawal ?
    The expense ratio of JM Arbitrage Fund (Direct) Half Yearly Payout of Income Distribution cum capital withdrawal is 0.35%
    What is the AUM of JM Arbitrage Fund (Direct) Half Yearly Payout of Income Distribution cum capital withdrawal ?
    The assets under Management (AUM) of JM Arbitrage Fund (Direct) Half Yearly Payout of Income Distribution cum capital withdrawal is Rs 376.20 crores.
    What is the minimum investment in JM Arbitrage Fund (Direct) Half Yearly Payout of Income Distribution cum capital withdrawal ?
    The minimum Lumpsum investment in JM Arbitrage Fund (Direct) Half Yearly Payout of Income Distribution cum capital withdrawal is ₹1,000.00 and the minimum SIP investment in JM Arbitrage Fund (Direct) Half Yearly Payout of Income Distribution cum capital withdrawal is ₹100.00
    What is the asset allocation of JM Arbitrage Fund (Direct) Half Yearly Payout of Income Distribution cum capital withdrawal?
    JM Arbitrage Fund (Direct) Half Yearly Payout of Income Distribution cum capital withdrawal has an exposure of 7.50% in Debt and 92.81% in Cash & Money Market Securities

    bt_logoCALCULATORS

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