朕天下娛樂城
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Mutual Funds
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Invest in direct mutual funds at zero charges via lump sump investments or SIPs
JM Arbitrage Fund Direct Growth
+7.15%
3Y annualised
-0.01% 1D
NAV: 18 Jun '26
?36.84
Min. for SIP
?100
Fund size (AUM)
?369.07 Cr
Expense ratio
0.50%
Rating
2
Return calculator
Monthly investment
?5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 1 year | ?60,000 | ?61,682 | +2.80% | |
| 3 years | ?1,80,000 | ?1,98,246 | +10.14% | |
| 5 years | ?3,00,000 | ?3,53,800 | +17.93% | |
| 10 years | ?6,00,000 | ?8,05,207 | +34.20% |
Holdings (224)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Cash Margin | Unspecified | Cash Margin | 78.81% |
| Reverse Repo | Unspecified | Reverse Repo | 5.79% |
| JM High Liquidity Fund Direct-Growth | Unspecified | Mutual Fund | 5.30% |
| HDFC Bank Ltd | Financial | Equity | 4.80% |
| Kotak Mahindra Bank Ltd | Financial | Equity | 3.96% |
| ICICI Bank Ltd | Financial | Equity | 3.72% |
| Bharti Airtel Ltd | Technology | Equity | 3.51% |
| Vodafone Idea Ltd | Technology | Equity | 3.47% |
| Tata Steel Ltd | Materials | Equity | 3.10% |
| Multi Commodity Exchange Of India Ltd | Financial | Equity | 2.80% |
| Zomato Ltd | Technology | Equity | 2.52% |
| Reliance Industries Ltd | Energy & Utilities | Equity | 2.38% |
| Bharat Heavy Electricals Ltd | Industrials | Equity | 2.19% |
| Yes Bank Ltd | Financial | Equity | 1.99% |
| Adani Ports and Special Economic Zone Ltd | Industrials | Equity | 1.95% |
| Adani Enterprises Ltd | Materials | Equity | 1.80% |
| LIC Housing Finance Ltd | Financial | Equity | 1.52% |
| NMDC Ltd | Materials | Equity | 1.51% |
| Macrotech Developers Ltd | Real Estate | Equity | 1.49% |
| SHRIRAM FINANCE LIMITED SR XIX TR8 9.10 NCD 18MR27 FVRS1LAC | Financial | Bonds | 1.36% |
| GOVERNMENT OF INDIA 36813 182 DAYS TBILL 11JU26 FV RS 100 | Financial | Treasury Bills | 1.35% |
| GOVERNMENT OF INDIA 36907 182 DAYS TBILL 09JL26 FV RS 100 | Financial | Treasury Bills | 1.35% |
| GOVERNMENT OF INDIA 37010 182 DAYS TBILL 30JL26 FV RS 100 | Financial | Treasury Bills | 1.34% |
| GOVERNMENT OF INDIA 36319 364 DAYS TBILL 13AG26 FV RS 100 | Financial | Treasury Bills | 1.34% |
| GOVERNMENT OF INDIA 37176 182 DAYS TBILL 03SP26 FV RS 100 | Financial | Treasury Bills | 1.34% |
| JSW Steel Ltd | Materials | Equity | 1.33% |
| GOVERNMENT OF INDIA 36692 364 DAYS TBILL 06NV26 FV RS 100 | Financial | Treasury Bills | 1.32% |
| Varun Beverages Ltd | Consumer Staples | Equity | 1.27% |
| Indiabulls Housing Finance Ltd | Financial | Equity | 1.26% |
| Adani Transmission Ltd | Energy & Utilities | Equity | 1.19% |
| Bank Of Baroda | Financial | Equity | 1.09% |
| Steel Authority Of India Ltd | Materials | Equity | 1.07% |
| Larsen & Toubro Ltd | Industrials | Equity | 1.04% |
| Titan Company Ltd | Consumer Discretionary | Equity | 1.04% |
| Max Financial Services Ltd | Financial | Equity | 0.93% |
| Jio Financial Services Limited | Financial | Equity | 0.91% |
| Mahindra & Mahindra Ltd | Consumer Discretionary | Equity | 0.91% |
| Indus Towers Ltd | Technology | Equity | 0.86% |
| Punjab National Bank | Financial | Equity | 0.85% |
| Net Receivables | Unspecified | Net Receivables | 0.82% |
| Bandhan Bank Ltd | Financial | Equity | 0.81% |
| IDFC First Bank Ltd | Financial | Equity | 0.79% |
| United Spirits Ltd | Consumer Staples | Equity | 0.78% |
| Axis Bank Ltd | Financial | Equity | 0.74% |
| Bharat Electronics Ltd | Industrials | Equity | 0.73% |
| State Bank of India | Financial | Equity | 0.73% |
| Grasim Industries Ltd | Materials | Equity | 0.66% |
| Maruti Suzuki India Ltd | Consumer Discretionary | Equity | 0.60% |
| Eicher Motors Ltd | Consumer Discretionary | Equity | 0.60% |
| The Indian Hotels Company Ltd | Consumer Discretionary | Equity | 0.58% |
| GOVERNMENT OF INDIA 36939 182 DAYS TBILL 17JL26 FV RS 100 | Financial | Treasury Bills | 0.54% |
| RBL Bank Ltd | Financial | Equity | 0.53% |
| Adani Green Energy Ltd | Energy & Utilities | Equity | 0.53% |
| Canara Bank | Financial | Equity | 0.53% |
| Biocon Ltd | Healthcare | Equity | 0.52% |
| Info Edge (India) Ltd | Technology | Equity | 0.51% |
| HDFC Life Insurance Co Ltd | Financial | Equity | 0.50% |
| Adani Power Ltd | Energy & Utilities | Equity | 0.49% |
| Shriram Transport Finance Company Ltd | Financial | Equity | 0.49% |
| Ambuja Cements Ltd | Materials | Equity | 0.43% |
| Crompton Greaves Consumer Electricals Ltd | Consumer Discretionary | Equity | 0.43% |
| Cipla Ltd | Healthcare | Equity | 0.40% |
| DLF Ltd | Real Estate | Equity | 0.40% |
| Sun Pharmaceutical Industries Ltd | Healthcare | Equity | 0.38% |
| AU Small Finance Bank Ltd | Financial | Equity | 0.37% |
| Glenmark Pharmaceuticals Ltd | Healthcare | Equity | 0.37% |
| Laurus Labs Ltd | Healthcare | Equity | 0.35% |
| Patanjali Foods Ltd | Consumer Staples | Equity | 0.34% |
| Manappuram Finance Ltd | Financial | Equity | 0.32% |
| Waaree Energies Ltd. | Energy & Utilities | Equity | 0.31% |
| ITC Ltd | Consumer Staples | Equity | 0.31% |
| NBCC India Ltd | Industrials | Equity | 0.30% |
| Hindalco Industries Ltd | Materials | Equity | 0.30% |
| Nuvama Wealth Management Ltd | Financial | Equity | 0.29% |
| UPL Ltd | Materials | Equity | 0.28% |
| Godrej Properties Ltd | Real Estate | Equity | 0.28% |
| Divi's Laboratories Ltd | Healthcare | Equity | 0.27% |
| FSN E-Commerce Ventures Ltd | Consumer Discretionary | Equity | 0.27% |
| ICICI Prudential Life Insurance Company Ltd | Financial | Equity | 0.27% |
| Hitachi Energy India Ltd | Industrials | Equity | 0.26% |
| TVS Motor Company Ltd | Consumer Discretionary | Equity | 0.25% |
| Bajaj Finserv Ltd | Financial | Equity | 0.25% |
| Asian Paints Ltd | Materials | Equity | 0.20% |
| GMR Airports Infrastructure Ltd | Industrials | Equity | 0.19% |
| Tata Power Company Ltd | Energy & Utilities | Equity | 0.18% |
| Max Healthcare Institute Ltd | Healthcare | Equity | 0.18% |
| Kalyan Jewellers India Ltd | Consumer Discretionary | Equity | 0.17% |
| SBI Life Insurance Company Ltd | Financial | Equity | 0.17% |
| Swiggy Ltd. | Technology | Equity | 0.15% |
| APL Apollo Tubes Ltd | Industrials | Equity | 0.14% |
| NTPC Ltd | Energy & Utilities | Equity | 0.13% |
| Interglobe Aviation Ltd | Industrials | Equity | 0.13% |
| Ultratech Cement Ltd | Materials | Equity | 0.11% |
| CG Power & Industrial Solutions Ltd | Industrials | Equity | 0.11% |
| Rail Vikas Nigam Ltd | Industrials | Equity | 0.10% |
| Dabur India Ltd | Consumer Staples | Equity | 0.09% |
| REC Ltd | Financial | Equity | 0.09% |
| Hindustan Aeronautics Ltd | Industrials | Equity | 0.09% |
| Coforge Ltd | Technology | Equity | 0.09% |
| Amber Enterprises India Ltd | Consumer Discretionary | Equity | 0.08% |
| UNO Minda Ltd | Consumer Discretionary | Equity | 0.08% |
| PNB Housing Finance Ltd | Financial | Equity | 0.07% |
| Hindustan Unilever Ltd | Consumer Staples | Equity | 0.07% |
| Aurobindo Pharma Ltd | Healthcare | Equity | 0.06% |
| Hindustan Zinc Ltd | Materials | Equity | 0.06% |
| Union Bank of India | Financial | Equity | 0.06% |
| Prestige Estates Projects Ltd | Real Estate | Equity | 0.05% |
| HDFC Asset Management Company Ltd | Financial | Equity | 0.04% |
| Sona BLW Precision Forgings Ltd | Consumer Discretionary | Equity | 0.04% |
| Hero Motocorp Ltd | Consumer Discretionary | Equity | 0.04% |
| Bharat Petroleum Corporation Ltd | Energy & Utilities | Equity | 0.03% |
| Apollo Hospitals Enterprise Ltd | Healthcare | Equity | 0.03% |
| Indian Energy Exchange Ltd | Financial | Equity | 0.03% |
| Cholamandalam Investment & Finance Company Ltd | Financial | Equity | 0.03% |
| Delhivery Ltd | Industrials | Equity | 0.03% |
| Bank of India | Financial | Equity | 0.02% |
| Bajaj Finance Ltd | Financial | Equity | 0.02% |
| Inox Wind Ltd | Industrials | Equity | 0.02% |
| Inox Wind Ltd. 30-JUN-26 | Industrials | Futures | -0.02% |
| Bajaj Finance Ltd. 30-JUN-26 | Financial | Futures | -0.02% |
| Bank of India 30-JUN-26 | Financial | Futures | -0.02% |
| Delhivery Ltd. 30-JUN-26 | Industrials | Futures | -0.03% |
| Indian Energy Exchange Ltd. 30-JUN-26 | Financial | Futures | -0.03% |
| Cholamandalam Investment & Finance Co. Ltd. 30-JUN-26 | Financial | Futures | -0.03% |
| Apollo Hospitals Enterprise Ltd. 30-JUN-26 | Healthcare | Futures | -0.03% |
| Bharat Petroleum Corporation Ltd. 30-JUN-26 | Energy & Utilities | Futures | -0.03% |
| Hero MotoCorp Limited 30/06/2026 | Consumer Discretionary | Futures | -0.04% |
| SONA BLW PRECISION FORGING LTD-30-Jun-2026 | Consumer Discretionary | Futures | -0.04% |
| HDFC ASSET MANAGEMENT COMPANY LTD-30-Jun-2026 | Financial | Futures | -0.04% |
| Prestige Estates Projects Ltd. 30-JUN-26 | Real Estate | Futures | -0.05% |
| UNION BANK OF INDIA-30-Jun-2026 | Financial | Futures | -0.06% |
| HINDUSTAN ZINC LTD.-30-Jun-2026 | Materials | Futures | -0.06% |
| AUROBINDO PHARMA LTD.-30-Jun-2026 | Healthcare | Futures | -0.06% |
| Hindustan Unilever Ltd. 30-JUN-26 | Consumer Staples | Futures | -0.07% |
| PNB HOUSING FINANCE LTD.-30-Jun-2026 | Financial | Futures | -0.07% |
| UNO MINDA LTD-30-Jun-2026 | Consumer Discretionary | Futures | -0.08% |
| AMBER ENTERPRISES INDIA LTD-30-Jun-2026 | Consumer Discretionary | Futures | -0.08% |
| Coforge Ltd. 30-JUN-26 | Technology | Futures | -0.09% |
| Hindustan Aeronautics Ltd. 30-JUN-26 | Industrials | Futures | -0.09% |
| REC Ltd. 30-JUN-26 | Financial | Futures | -0.09% |
| Dabur India Ltd. 30-JUN-26 | Consumer Staples | Futures | -0.09% |
| Rail Vikas Nigam Ltd. 30-JUN-26 | Industrials | Futures | -0.10% |
| CG Power and Industrial Solutions Ltd. 30-JUN-26 | Industrials | Futures | -0.11% |
| Ultratech Cement Ltd. 30-JUN-26 | Materials | Futures | -0.11% |
| INTERGLOBE AVIATION LTD-30-Jun-2026 | Industrials | Futures | -0.13% |
| NTPC Ltd. 30-JUN-26 | Energy & Utilities | Futures | -0.13% |
| APL Apollo Tubes Ltd. 30-JUN-26 | Industrials | Futures | -0.14% |
| SWIGGY LTD-30-Jun-2026 | Technology | Futures | -0.16% |
| SBI Life Insurance Co. Ltd. 30-JUN-26 | Financial | Futures | -0.17% |
| Kalyan Jewellers India Ltd. 30-JUN-26 | Consumer Discretionary | Futures | -0.17% |
| Max Healthcare Institute Ltd. 30-JUN-26 | Healthcare | Futures | -0.18% |
| THE TATA POWER COMPANY LIMITED-30-Jun-2026 | Energy & Utilities | Futures | -0.18% |
| GMR Airports Ltd. 30-JUN-26 | Industrials | Futures | -0.19% |
| ASIAN PAINTS LTD.-30-Jun-2026 | Materials | Futures | -0.20% |
| Bajaj Finserv Ltd. 30-JUN-26 | Financial | Futures | -0.26% |
| TVS Motor Company Ltd. 30-JUN-26 | Consumer Discretionary | Futures | -0.26% |
| HITACHI ENERGY INDIA LTD-30-Jun-2026 | Industrials | Futures | -0.26% |
| ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED-30-Jun-2026 | Financial | Futures | -0.27% |
| FSN E-COMMERCE VENTURES (NYKAA) LTD-30-Jun-2026 | Consumer Discretionary | Futures | -0.27% |
| Divi's Laboratories Ltd. 30-JUN-26 | Healthcare | Futures | -0.27% |
| Godrej Properties Ltd. 30-JUN-26 | Real Estate | Futures | -0.28% |
| UPL Ltd. 30-JUN-26 | Materials | Futures | -0.29% |
| Nuvama Wealth Management Ltd. 30-JUN-26 | Financial | Futures | -0.30% |
| Hindalco Industries Ltd. 30-JUN-26 | Materials | Futures | -0.30% |
| NBCC (India) Ltd. 30-JUN-26 | Industrials | Futures | -0.30% |
| Waaree Energies Limited_30/06/2026 | Energy & Utilities | Futures | -0.31% |
| ITC Ltd. 30-JUN-26 | Consumer Staples | Futures | -0.31% |
| MANAPPURAM FINANCE LTD.-30-Jun-2026 | Financial | Futures | -0.32% |
| Patanjali Foods Ltd. 30-JUN-26 | Consumer Staples | Futures | -0.35% |
| Laurus Labs Ltd. 30-JUN-26 | Healthcare | Futures | -0.35% |
| GLENMARK PHARMACEUTICALS LTD-30-Jun-2026 | Healthcare | Futures | -0.37% |
| AU Small Finance Bank Ltd. 30-JUN-26 | Financial | Futures | -0.38% |
| Sun Pharmaceutical Industries Ltd. 30-JUN-26 | Healthcare | Futures | -0.38% |
| CIPLA LTD.-30-Jun-2026 | Healthcare | Futures | -0.40% |
| DLF Ltd. 30-JUN-26 | Real Estate | Futures | -0.40% |
| Crompton Greaves Consumer Electricals Ltd. 30-JUN-26 | Consumer Discretionary | Futures | -0.43% |
| Ambuja Cements Ltd. 30-JUN-26 | Materials | Futures | -0.44% |
| Shriram Finance Ltd. 30-JUN-26 | Financial | Futures | -0.49% |
| Adani Power Limited_30/06/2026 | Energy & Utilities | Futures | -0.50% |
| HDFC Life Insurance Company Ltd. 30-JUN-26 | Financial | Futures | -0.50% |
| INFO-EDGE (INDIA) LTD.-30-Jun-2026 | Technology | Futures | -0.51% |
| Biocon Ltd. 30-JUN-26 | Healthcare | Futures | -0.53% |
| Canara Bank 30-JUN-26 | Financial | Futures | -0.53% |
| Adani Green Energy Ltd. 30-JUN-26 | Energy & Utilities | Futures | -0.53% |
| RBL Bank Ltd. 30-JUN-26 | Financial | Futures | -0.54% |
| INDIAN HOTELS COMPANY LTD.-30-Jun-2026 | Consumer Discretionary | Futures | -0.59% |
| Eicher Motors Ltd. 30-JUN-26 | Consumer Discretionary | Futures | -0.61% |
| Maruti Suzuki India Ltd. 30-JUN-26 | Consumer Discretionary | Futures | -0.61% |
| Grasim Industries Ltd. 30-JUN-26 | Materials | Futures | -0.66% |
| State Bank of India 30-JUN-26 | Financial | Futures | -0.73% |
| Bharat Electronics Ltd. 30-JUN-26 | Industrials | Futures | -0.74% |
| Axis Bank Ltd. 30-JUN-26 | Financial | Futures | -0.75% |
| United Spirits Ltd. 30-JUN-26 | Consumer Staples | Futures | -0.79% |
| IDFC First Bank Ltd. 30-JUN-26 | Financial | Futures | -0.80% |
| Bandhan Bank Ltd. 30-JUN-26 | Financial | Futures | -0.82% |
| Punjab National Bank 30-JUN-26 | Financial | Futures | -0.86% |
| Indus Towers Ltd. 30-JUN-26 | Technology | Futures | -0.86% |
| Mahindra & Mahindra Ltd. 30-JUN-26 | Consumer Discretionary | Futures | -0.92% |
| Jio Financial Services Ltd. 30-JUN-26 | Financial | Futures | -0.92% |
| Max Financial Services Ltd. 30-JUN-26 | Financial | Futures | -0.93% |
| Titan Company Ltd. 30-JUN-26 | Consumer Discretionary | Futures | -1.05% |
| Larsen & Toubro Ltd. 30-JUN-26 | Industrials | Futures | -1.05% |
| STEEL AUTHORITY OF INDIA LTD.-30-Jun-2026 | Materials | Futures | -1.08% |
| Bank of Baroda 30-JUN-26 | Financial | Futures | -1.10% |
| ADANI ENERGY SOLUTIONS LIMITED-30-Jun-2026 | Energy & Utilities | Futures | -1.20% |
| Sammaan Capital Ltd. 30-JUN-26 | Financial | Futures | -1.27% |
| Varun Beverages Ltd. 30-JUN-26 | Consumer Staples | Futures | -1.29% |
| JSW Steel Ltd. 30-JUN-26 | Materials | Futures | -1.35% |
| Lodha Developers Ltd. 30-JUN-26 | Real Estate | Futures | -1.50% |
| NMDC Ltd. 30-JUN-26 | Materials | Futures | -1.53% |
| LIC Housing Finance Ltd. 30-JUN-26 | Financial | Futures | -1.53% |
| Adani Enterprises Ltd. 30-JUN-26 | Materials | Futures | -1.81% |
| Adani Ports and Special Economic Zone Ltd. 30-JUN-26 | Industrials | Futures | -1.96% |
| Yes Bank Limited_30/06/2026 | Financial | Futures | -2.02% |
| Bharat Heavy Electricals Limited_30/06/2026 | Industrials | Futures | -2.21% |
| Reliance Industries Ltd. 30-JUN-26 | Energy & Utilities | Futures | -2.40% |
| Eternal Ltd. 30-JUN-26 | Technology | Futures | -2.55% |
| Multi Commodity Exchange of India Ltd. 30-JUN-26 | Financial | Futures | -2.83% |
| TATA STEEL LTD.-30-Jun-2026 | Materials | Futures | -3.08% |
| Vodafone Idea Ltd. 30-JUN-26 | Technology | Futures | -3.51% |
| Bharti Airtel Ltd. 30-JUN-26 | Technology | Futures | -3.54% |
| ICICI Bank Ltd. 30-JUN-26 | Financial | Futures | -3.76% |
| Kotak Mahindra Bank Ltd. 30-JUN-26 | Financial | Futures | -4.00% |
| HDFC Bank Ltd. 30-JUN-26 | Financial | Futures | -4.78% |
See All
Minimum investments
Min. for 1st investment
?1,000
Min. for 2nd investment
?100
Min. for SIP
?100
Returns and rankings
Annualised returns
Absolute returns
| Name | 3Y | 5Y | 10Y | All |
|---|---|---|---|---|
| Fund returns | +7.2% | +6.2% | +5.7% | +6.4% |
| Category average (Hybrid Arbitrage) | +6.8% | +5.6% | +5.7% | -- |
| Rank (Hybrid Arbitrage) | 22 | 21 | 14 | -- |
Exit load, stamp duty and tax
Exit load
Exit load of 0.5%, if redeemed within 30 days.
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Check past data
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
 | +6.61% | +7.65% | 28,062.44 | |
 | +6.62% | +7.65% | 22,760.34 | |
 | +6.50% | +7.59% | 26,280.08 | |
 | +6.60% | +7.37% | 468.03 | |
 | +6.83% | -- | 1,435.03 | |
| Compare | ||||
Fund management
SRSatish RamanathanOct 2024 - PresentView details
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Satish Ramanathan
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Ruchi Fozdar
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ABAsit BhandarkarJul 2014 - PresentView details
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Asit Bhandarkar
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DGDeepak GuptaApr 2025 - PresentView details
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About JM Arbitrage Fund Direct Growth
JM Arbitrage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by JM Financial Mutual Fund. This scheme was made available to investors on 15 Sep 1994. Satish Ramanathan is the Current Fund Manager of JM Arbitrage Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ?13,064 Cr and the Latest NAV as of 18 Jun 2026 is ?36.84.
The JM Arbitrage Fund Direct Growth is rated Low risk. Minimum SIP Investment is set to ?100. Minimum Lumpsum Investment is ?1,000. Exit load of 0.5%, if redeemed within 30 days.
;
Investment Objective
The scheme aims 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.
Fund benchmarkNIFTY 50 Arbitrage Total Return Index
Fund house
Rank (total assets)#32 in India
Total AUM?13,063.76 Cr
Date of Incorporation15 Sep 1994
Launch Date15 Sep 1994
AddressOne International Centre, 22nd Floor,Tower 2, Senapati Bapat Marg,Prabhadevi, Mumbai Mumbai 400013
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,