Dezerv

Fund Overview

Fund Size

Fund Size

₹362 Cr

Expense Ratio

Expense Ratio

0.29%

ISIN

ISIN

INF0J8L01065

Minimum SIP

Minimum SIP

₹500

Exit Load

Exit Load

1.00%

Inception Date

Inception Date

01 Aug 2022

About this fund

NJ Arbitrage Fund Direct Growth is a Arbitrage Fund mutual fund schemes offered by NJ Mutual Fund. This fund has been in existence for 1 years, 8 months and 22 days, having been launched on 01-Aug-22.
As of 22-Apr-24, it has a Net Asset Value (NAV) of ₹11.29, Assets Under Management (AUM) of 362.37 Crores, and an expense ratio of 0.29%.
  • NJ Arbitrage Fund Direct Growth has given a CAGR return of 7.28% since inception.
  • The fund's asset allocation comprises around -0.59% in equities, 2.70% in debts, and 97.89% in cash & cash equivalents.
  • You can start investing in NJ Arbitrage Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+7.99%

+7.32%(Cat. Avg.)

Since Inception

+7.28%

--%(Cat. Avg.)

Portfolio Summaryas of 31st March 2024

Equity-2.15 Cr-0.59%
Debt9.78 Cr2.70%
Others354.74 Cr97.89%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Cash Offset For DerivativesCash - General Offset286.43 Cr79.04%
Hdfc Bank Limited April 2024 FutureEquity - Future-29.97 Cr8.27%
HDFC Bank LtdEquity29.7 Cr8.20%
Future on Reliance Industries LtdEquity - Future-25.05 Cr6.91%
Reliance Industries LtdEquity24.89 Cr6.87%
Net Receivables / (Payables)Cash20.23 Cr5.58%
Future on ITC LtdEquity - Future-15.62 Cr4.31%
ITC LtdEquity15.49 Cr4.27%
Future on State Bank of IndiaEquity - Future-15.09 Cr4.17%
State Bank of IndiaEquity15.01 Cr4.14%
Future on Adani Enterprises LtdEquity - Future-14.47 Cr3.99%
Adani Enterprises LtdEquity14.39 Cr3.97%
Clearing Corporation Of India LtdCash - Repurchase Agreement13.3 Cr3.67%
Future on Zee Entertainment Enterprises LtdEquity - Future-12.03 Cr3.32%
Zee Entertainment Enterprises LtdEquity11.85 Cr3.27%
Future on Canara BankEquity - Future-11.07 Cr3.05%
Canara BankEquity10.98 Cr3.03%
Future on United Spirits LtdEquity - Future-10.84 Cr2.99%
United Spirits LtdEquity10.8 Cr2.98%
Future on Bank of BarodaEquity - Future-10.64 Cr2.93%
Bank of BarodaEquity10.58 Cr2.92%
Future on Tata Motors LtdEquity - Future-8.84 Cr2.44%
Tata Motors LtdEquity8.77 Cr2.42%
Future on Ambuja Cements LtdEquity - Future-8.31 Cr2.29%
Ambuja Cements LtdEquity8.27 Cr2.28%
Future on Zydus Lifesciences LtdEquity - Future-7.41 Cr2.05%
Zydus Lifesciences LtdEquity7.34 Cr2.03%
Future on Tata Steel LtdEquity - Future-6.56 Cr1.81%
Tata Steel LtdEquity6.51 Cr1.80%
Future on InterGlobe Aviation LtdEquity - Future-6 Cr1.66%
InterGlobe Aviation LtdEquity5.96 Cr1.65%
Future on Biocon LtdEquity - Future-5.79 Cr1.60%
Biocon LtdEquity5.75 Cr1.59%
Future on Exide Industries LtdEquity - Future-5.31 Cr1.47%
Future on Tech Mahindra LtdEquity - Future-5.28 Cr1.46%
Exide Industries LtdEquity5.26 Cr1.45%
Tech Mahindra LtdEquity5.24 Cr1.45%
182 DTB 04042024Bond - Gov't/Treasury5 Cr1.38%
91 DTB 11042024Bond - Gov't/Treasury4.99 Cr1.38%
182 DTB 18042024Bond - Gov't/Treasury4.98 Cr1.38%
182 DTB 02052024Bond - Gov't/Treasury4.97 Cr1.37%
182 DTB 16052024Bond - Gov't/Treasury4.96 Cr1.37%
182 DTB 30052024Bond - Gov't/Treasury4.95 Cr1.36%
182 DTB 06062024Bond - Gov't/Treasury4.94 Cr1.36%
182 DTB 18072024Bond - Gov't/Treasury4.9 Cr1.35%
India (Republic of)Bond - Short-term Government Bills4.88 Cr1.35%
Future on Hindalco Industries LtdEquity - Future-4.59 Cr1.27%
Hindalco Industries LtdEquity4.55 Cr1.26%
Future on Larsen & Toubro LtdEquity - Future-4.32 Cr1.19%
Larsen & Toubro LtdEquity4.29 Cr1.18%
Future on Bajaj Finance LtdEquity - Future-4.28 Cr1.18%
Bajaj Finance LtdEquity4.26 Cr1.17%
Indian Oil Corporation Limited April 2024 FutureEquity - Future-4.12 Cr1.14%
Indian Oil Corp LtdEquity4.09 Cr1.13%
Future on Tata Power Co LtdEquity - Future-4.02 Cr1.11%
Tata Power Co LtdEquity3.99 Cr1.10%
Future on Dixon Technologies (India) LtdEquity - Future-3.76 Cr1.04%
Dixon Technologies (India) LtdEquity3.74 Cr1.03%
Future on Hindustan Unilever LtdEquity - Future-3.7 Cr1.02%
Future on Samvardhana Motherson International LtdEquity - Future-3.69 Cr1.02%
Hindustan Unilever LtdEquity3.67 Cr1.01%
Samvardhana Motherson International LtdEquity3.66 Cr1.01%
Future on Vodafone Idea LtdEquity - Future-3.52 Cr0.97%
Vodafone Idea LtdEquity3.5 Cr0.97%
Future on Dabur India LtdEquity - Future-3.36 Cr0.93%
Future on Bharat Electronics LtdEquity - Future-3.36 Cr0.93%
Dabur India LtdEquity3.34 Cr0.92%
Bharat Electronics LtdEquity3.33 Cr0.92%
Vedanta Limited April 2024 FutureEquity - Future-3.15 Cr0.87%
Future on Tata Consultancy Services LtdEquity - Future-3.15 Cr0.87%
Vedanta LtdEquity3.12 Cr0.86%
Tata Consultancy Services LtdEquity3.12 Cr0.86%
Future on JSW Steel LtdEquity - Future-2.88 Cr0.80%
JSW Steel LtdEquity2.86 Cr0.79%
Future on SBI Life Insurance Company LimitedEquity - Future-2.72 Cr0.75%
SBI Life Insurance Company LimitedEquity2.7 Cr0.75%
Future on Bajaj Finserv LtdEquity - Future-2.57 Cr0.71%
Bajaj Finserv LtdEquity2.55 Cr0.70%
Marico Limited April 2024 FutureEquity - Future-2.1 Cr0.58%
Marico LtdEquity2.09 Cr0.58%
Future on Apollo Hospitals Enterprise LtdEquity - Future-2 Cr0.55%
Infosys Limited April 2024 FutureEquity - Future-1.99 Cr0.55%
Apollo Hospitals Enterprise LtdEquity1.99 Cr0.55%
Infosys LtdEquity1.98 Cr0.55%
Future on Kotak Mahindra Bank LtdEquity - Future-1.87 Cr0.52%
Kotak Mahindra Bank LtdEquity1.86 Cr0.51%
Future on IDFC LtdEquity - Future-1.84 Cr0.51%
IDFC LtdEquity1.83 Cr0.50%
Future on HDFC Life Insurance Company LimitedEquity - Future-1.76 Cr0.48%
Future on Grasim Industries LtdEquity - Future-1.75 Cr0.48%
Grasim Industries LtdEquity1.75 Cr0.48%
HDFC Life Insurance Company LimitedEquity1.74 Cr0.48%
Future on Steel Authority Of India LtdEquity - Future-1.73 Cr0.48%
Steel Authority Of India LtdEquity1.72 Cr0.47%
Future on Indian Energy Exchange LtdEquity - Future-1.52 Cr0.42%
Indian Energy Exchange LtdEquity1.51 Cr0.42%
The India Cements Limited April 2024 FutureEquity - Future-1.37 Cr0.38%
Acc Limited April 2024 FutureEquity - Future-1.36 Cr0.37%
India Cements LtdEquity1.36 Cr0.37%
Future on SRF LtdEquity - Future-1.35 Cr0.37%
ACC LtdEquity1.35 Cr0.37%
SRF LtdEquity1.34 Cr0.37%
Future on Divi's Laboratories LtdEquity - Future-1.11 Cr0.31%
Divi's Laboratories LtdEquity1.1 Cr0.30%
Future on ABB India LtdEquity - Future-0.88 Cr0.24%
ABB India LtdEquity0.87 Cr0.24%
Future on Indian Railway Catering And Tourism Corp LtdEquity - Future-0.82 Cr0.23%
Indian Railway Catering And Tourism Corp LtdEquity0.81 Cr0.22%
Future on NTPC LtdEquity - Future-0.81 Cr0.22%
NTPC LtdEquity0.81 Cr0.22%
Future on LTIMindtree LtdEquity - Future-0.75 Cr0.21%
LTIMindtree LtdEquity0.74 Cr0.20%
Future on Mahindra & Mahindra LtdEquity - Future-0.68 Cr0.19%
Mahindra & Mahindra LtdEquity0.67 Cr0.19%
Future on Granules India LtdEquity - Future-0.61 Cr0.17%
Granules India LtdEquity0.6 Cr0.17%
Future on Power Grid Corp Of India LtdEquity - Future-0.6 Cr0.17%
Power Grid Corp Of India LtdEquity0.6 Cr0.17%
Future on Wipro LtdEquity - Future-0.51 Cr0.14%
Wipro LtdEquity0.5 Cr0.14%
Future on PI Industries LtdEquity - Future-0.49 Cr0.13%
PI Industries LtdEquity0.48 Cr0.13%
Future on Jindal Steel & Power LtdEquity - Future-0.43 Cr0.12%
Jindal Steel & Power LtdEquity0.42 Cr0.12%
Future on Pidilite Industries LtdEquity - Future-0.38 Cr0.10%
Pidilite Industries LtdEquity0.38 Cr0.10%
Future on Balrampur Chini Mills LtdEquity - Future-0.35 Cr0.10%
Balrampur Chini Mills LtdEquity0.35 Cr0.10%
Titan Company Limited April 2024 FutureEquity - Future-0.27 Cr0.07%
Titan Co LtdEquity0.27 Cr0.07%
Future on Axis Bank LtdEquity - Future-0.26 Cr0.07%
Axis Bank LtdEquity0.26 Cr0.07%
Future on ICICI Lombard General Insurance Co LtdEquity - Future-0.25 Cr0.07%
Future on Maruti Suzuki India LtdEquity - Future-0.25 Cr0.07%
ICICI Lombard General Insurance Co LtdEquity0.25 Cr0.07%
Maruti Suzuki India LtdEquity0.25 Cr0.07%
Future on Bharti Airtel LtdEquity - Future-0.24 Cr0.06%
Bharti Airtel LtdEquity0.23 Cr0.06%
Future on Eicher Motors LtdEquity - Future-0.21 Cr0.06%
Eicher Motors LtdEquity0.21 Cr0.06%
Future on Glenmark Pharmaceuticals LtdEquity - Future-0.21 Cr0.06%
Glenmark Pharmaceuticals LtdEquity0.21 Cr0.06%
Future on Page Industries LtdEquity - Future-0.1 Cr0.03%
Page Industries LtdEquity0.1 Cr0.03%
Indus Towers Limited April 2024 FutureEquity - Future-0.1 Cr0.03%
Indus Towers Ltd Ordinary SharesEquity0.1 Cr0.03%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services83.23 Cr22.97%
Energy43.36 Cr11.97%
Consumer Defensive35.73 Cr9.86%
Basic Materials34.11 Cr9.41%
Consumer Cyclical19.2 Cr5.30%
Healthcare16.99 Cr4.69%
Communication Services15.68 Cr4.33%
Technology15.32 Cr4.23%
Industrials15.27 Cr4.21%
Utilities5.4 Cr1.49%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

0.81%

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

0.01

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

0.32

Higher the better

Fund Managers

Vishal Ashar

Vishal Ashar

Since March 2023

DP

Dhaval Patel

Since March 2023

Additional Scheme Detailsas of 31st March 2024

ISININF0J8L01065Expense Ratio0.29%Exit Load1.00%Fund Size₹362 CrAge01 Aug 2022Lumpsum Minimum₹5,000Fund StatusOpen Ended Investment CompanyBenchmarkNIFTY 50 Arbitrage TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal (irrespective of holding period)

Realised Gain (capital gains) are taxed at your marginal income tax rate

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Arbitrage Fund Funds

Fund nameExpense RatioExit LoadFund size
1Y
Sundaram Arbitrage Fund Regular Growth

Low Risk

0.9%0.0%₹102.45 Cr7.2%
Sundaram Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹102.45 Cr7.9%
Bank of India Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹25.53 Cr7.5%
Bank of India Arbitrage Fund Regular Growth

Low Risk

1.0%0.0%₹25.53 Cr6.8%
Mirae Asset Arbitrage Fund Direct Growth

Low Risk

0.1%0.0%₹1451.16 Cr8.5%
Mirae Asset Arbitrage Fund Regular Growth

Low Risk

1.0%0.0%₹1451.16 Cr7.7%
Tata Arbitrage Fund Regular Growth

Low Risk

1.1%0.0%₹10755.47 Cr7.5%
Tata Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹10755.47 Cr8.4%
Mahindra Manulife Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹65.10 Cr7.0%
Mahindra Manulife Arbitrage Fund Regular Growth

Low Risk

1.2%0.0%₹65.10 Cr6.1%

About the AMC

Total AUM

₹5,650 Cr

Address

Unit No. 101A, 1st Floor, Mumbai, 400051

Other Funds by NJ Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
NJ Flexi Cap Fund Direct Growth

Very High Risk

0.3%1.0%₹1083.26 Cr-
NJ Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹149.30 Cr6.8%
NJ Arbitrage Fund Direct Growth

Low Risk

0.3%1.0%₹362.37 Cr8.0%
NJ Balanced Advantage Fund Direct Growth

Moderately High risk

0.9%1.0%₹3964.80 Cr30.8%
NJ ELSS Tax Saver Scheme Direct Growth

Very High Risk

0.5%0.0%₹183.98 Cr-

Risk Level

Your principal amount will be at Low Risk

Low Risk
Wealth Monitor

Unlock Expert Insights!

Maximise Returns with our Wealth Monitor App. Try it now!

Still got questions?
We're here to help.

The NAV of NJ Arbitrage Fund Direct Growth, as of 22-Apr-2024, is ₹11.29.
The fund's allocation of assets is distributed as -0.59% in equities, 2.70% in bonds, and 97.89% in cash and cash equivalents.
The fund managers responsible for NJ Arbitrage Fund Direct Growth are:-
  1. Vishal Ashar
  2. Dhaval Patel