JM Arbitrage Fund

A managed mix of asset classes or strategies

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

How the money may be invested

Equity and Equity related instruments including Equity Derivatives including stock futures and stock options# - 65%-100%, Certificate of deposits (CDs) / Government securities with maturity upto 1 year (including Repo on G-sec/ TREPS) / Units of Liquid Fund (including Liquid ETFs) / Money Market Fund / Overnight Fund or Schemes having Macaulay Duration of less than 1 year - 0%-35%, ETCDs / Units of Mutual Fund (including Gold ETF & Silver ETF)^ - 0% to 35% #The notional value exposure in derivatives securities would be reckoned for the purposes of the specified limits. ^Any other such security as may be permitted by SEBI/ RBI from time to time.

SEBI category

Arbitrage Fund

Fund type

An open ended scheme investing in arbitrage opportunities

Primary benchmark

Nifty 50 Arbitrage Index

Secondary benchmark

Crisil 1 Year T Bill

Use the latest monthly portfolio

Top holdings are the largest securities currently owned by the scheme. Names and weights can change every month, so a copied list can become misleading. Open the AMC's current official portfolio or factsheet below and look for this exact fund name.

Manager and scheme tenure

Fund manager(s)

Mr. Asit Bhandarkar, Mr. Satish Ramanathan, Mr. Deepak Gupta , Ms. Ruchi Fozdar

Manager tenure on this scheme

Since Mr. Asit Bhandarkar- 18/07/2014, Mr. Satish Ramanathan - 01/10/2024, Mr. Deepak Gupta - 11/04/2025, Ms. Ruchi Fozdar- 04/10/2024

Role / co-management

Fund Manager - Mr. Asit Bhandarkar, Co-Fund Managers - Mr. Satish Ramanathan, Mr. Deepak Gupta , Ms. Ruchi Fozdar (For Debt portion only)

The tenure above is experience managing this scheme, not the manager's total career experience. For education, qualifications and prior roles, open the latest official AMC factsheet or manager profile below.

Latest NAV records

NAV is a per-unit accounting value. Compare returns, portfolio, risk and cost — never choose a fund only because its NAV looks low.

What you pay and how money moves

Stated expense ratio

Regular 2.07%, Direct 1.42%

Exit load

0.5% of NAV on all investment (including SIP/STP/SWP) transactions, if redeemed / switched - out within 30 days of transfer / allotment of units in normal transactions / allotment of units of respective installments in SIP/STP/SWP transactions.

Minimum application

1000 · multiples of 1

SIP frequency

SIP - Daily, Weekly, Fortnightly, Monthly, Quarterly, STP - Daily,Weekly, Fortnightly, Monthly, Quarterly, SWP - Monthly, Quarterly, Half Yearly, Yearly

Minimum SIP amount

SIP - Daily, Weekly and Fortnightly - Rs. 500 - 6 Installments ; Monthly and Quarterly - Rs. 1000 - 6 Installments, STP- Daily 60 installments: 100 each. Further in multiples of Re 1/- Weekly/Fortnightly/Monthly : 12 installments for Rs. 500 or 6 installments for Rs. 1000 each. Further in multiple of Re 1/-. Quaterly : 3000 each 2 Instalments, SWP - Fixed Amount Withdrawal (FAW) - 5 instalments for Rs. 500/- each. Further in multiples of Re. 1/-; Capital Appreciation Withdrawal (CAW) - 5 instalments for Rs. 500/- each. Further in multiples of Re. 1/-

Minimum instalments

SIP - Daily, Weekly, Fortnightly, Monthly, Quarterly - 6; STP - Daily - 60, Weekly - 12 , Fortnightly - 12 , Monthly - 12, Quarterly - 2 , SWP- 5 Instalments

How a mutual-fund investment is paid

1. Complete KYCIdentity, PAN, bank and contact verification are required.
2. Choose route and optionUnderstand direct vs regular and growth vs IDCW before selecting.
3. Choose SIP or lump sumSIP uses an automated mandate; lump sum is a one-time payment.
4. Receive units at applicable NAVCut-off time, cleared funds and scheme rules determine the applicable NAV.
5. Review, do not chaseTrack goal fit, risk, manager/mandate changes, costs and portfolio — not daily noise.

Download and verify at source

The packaged Scheme Summary PDF is the official AMFI file, unchanged. Live AMC links are included for time-sensitive factsheets, top holdings and portfolios.

Source verification date: 06 September 2026. If a live document differs from this page, rely on the newer official document.