Markets / Mutual funds / Arbitrage
JM Financial Mutual Fund · Hybrid fund · Direct plan · IDCW
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
Bars: this plan; the thin mark is the Arbitrage average (direct plans, growth option). Over a year: yearly averages (CAGR). Past returns do not guarantee future returns. Information only, not investment advice.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | +0.6 | |||||||||||
| 2025 | +0.7 | +0.5 | +0.6 | +0.7 | +0.4 | +0.5 | +0.5 | +0.5 | +0.4 | +0.5 | +0.6 | +0.6 |
| 2026 | +0.6 | +0.4 | +0.6 | +0.3 | +0.1 | +0.8 | +0.6 | +0.4 | +0.6 | +0.5 | +0.1 |
Each month's change in NAV (the current month to the latest NAV).
Worked out from this plan's actual NAVs. SIP: invested on the first NAV of each month. Taxes and exit loads are not included. Past returns do not guarantee future returns. Information only, not investment advice.
Volatility: how much the NAV moves, as a yearly figure (higher = bumpier). Worst fall: the biggest drop from a high, in the NAV history we hold (from 31 May 2016).
| Fund size (average AUM, July - September 2026) | ₹420 cr across all plans · this plan ₹8.56 cr |
| Fund house | JM Financial Mutual Fund |
| Category | Hybrid · Arbitrage |
| Plan | Direct |
| Option | IDCW |
| Expense ratio (TER) | Direct 1.46% · Regular 2.11% (5 Nov 2026) |
| 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 investment | ₹1,000 · additional ₹100 |
| Scheme code (AMFI) | 135173 |
| ISIN | INF192K01KY4 |
| NAV date | 5 Nov 2026 |
Scheme details from the fund's scheme summary document filed with AMFI; expense ratios from AMFI's daily filings.
| Plan | NAV | 1 year |
|---|---|---|
| Direct · Growth | ₹37.7421 | +6.39% |
| Direct · IDCW | ₹17.7854 | +6.38% |
| Direct · IDCW | ₹20.1974 | +6.38% |
| Direct · IDCW | ₹19.3857 | +6.39% |
| Direct · IDCW | ₹17.4580 | +6.40% |
| Direct · IDCW | ₹15.2407 | +6.39% |
| Direct · IDCW | ₹17.9346 | +6.39% |
| Regular · Growth | ₹35.0724 | +5.68% |
| Regular · IDCW | ₹16.2784 | +5.68% |
| Regular · IDCW | ₹19.0671 | +5.68% |
| Regular · IDCW | ₹15.4950 | +5.68% |
| Regular · IDCW | ₹13.7892 | +5.68% |
| Regular · IDCW | ₹15.8387 | +5.68% |
| Regular · IDCW | ₹15.6077 | +5.68% |
| Fund | 1 year | 3 years (a year) |
|---|---|---|
| Invesco India Arbitrage Fund | +6.76% | +7.43% |
| Kotak Arbitrage Fund | +6.66% | +7.41% |
| Tata Arbitrage Fund | +6.68% | +7.41% |
| ADITYA BIRLA SUN LIFE ARBITRAGE FUND | +6.65% | +7.38% |
| Edelweiss Arbitrage Fund | +6.58% | +7.36% |
| Mirae Asset Arbitrage Fund | +6.64% | +7.34% |
| Axis Arbitrage Fund | +6.57% | +7.29% |
| UTI - Arbitrage Fund | +6.51% | +7.28% |
Information only, not investment advice.
₹17.1750 as of 5 Nov 2026, from AMFI's official NAV data.
1 year: 6.38%, 3 years: 6.95% a year, 5 years: 6.46% a year
Both invest in the same portfolio. Direct plans are bought straight from the fund house and pay no distributor commission, so their expenses are lower and their NAV grows slightly faster.