
Alternative StrategiesArbitrage FundLow Risk
Direct
NAV (23-Sep-26)
Returns (Since Inception)
Fund Size
₹239 Cr
Expense Ratio
1.02%
ISIN
INF0J8L01065
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
01 Aug 2022
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
+6.48%
+6.11% (Cat Avg.)
3 Years
+6.88%
+6.78% (Cat Avg.)
Since Inception
+6.87%
— (Cat Avg.)
| Equity | ₹-2.39 Cr | -1.00% |
| Debt | ₹14.22 Cr | 5.96% |
| Others | ₹226.72 Cr | 95.04% |
All Holdings
Equity
Debt & Others
| Name | Type | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹198.4 Cr | 83.17% |
| Future on BANK Index | Equity Index - Future | ₹-51.53 Cr | 21.60% |
| Kotak Mahindra Bank Ltd | Equity | ₹18.87 Cr | 7.91% |
| Future on Bharti Airtel Ltd | Equity - Future | ₹-17.3 Cr | 7.25% |
| Bharti Airtel Ltd | Equity | ₹16.7 Cr | 7.00% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-16.68 Cr | 6.99% |
| Reliance Industries Ltd | Equity | ₹16.35 Cr | 6.85% |
| Future on Vodafone Idea Ltd | Equity - Future | ₹-16.2 Cr | 6.79% |
| Vodafone Idea Ltd | Equity | ₹15.77 Cr | 6.61% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹10.77 Cr | 4.51% |
| Future on Sun Pharmaceuticals Industries Ltd | Equity - Future | ₹-10.52 Cr | 4.41% |
| Future on Adani Enterprises Ltd | Equity - Future | ₹-9.71 Cr | 4.07% |
| Adani Enterprises Ltd | Equity | ₹9.36 Cr | 3.93% |
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹8.8 Cr | 3.69% |
| Canara Bank | Equity | ₹7.88 Cr | 3.30% |
| HDFC Bank Ltd | Equity | ₹7.83 Cr | 3.28% |
| ICICI Bank Ltd | Equity | ₹6.72 Cr | 2.82% |
| Days T-Bill | Bond - Gov't/Treasury | ₹6.1 Cr | 2.56% |
| Net Receivables / (Payables) | Cash | ₹5.9 Cr | 2.47% |
| Biocon Ltd | Equity | ₹5.25 Cr | 2.20% |
| Future on Biocon Ltd | Equity - Future | ₹-5.2 Cr | 2.18% |
| Future on UltraTech Cement Ltd | Equity - Future | ₹-5.16 Cr | 2.16% |
| UltraTech Cement Ltd | Equity | ₹5.1 Cr | 2.14% |
| Future on Mahindra & Mahindra Ltd | Equity - Future | ₹-5 Cr | 2.10% |
| India (Republic of) | Bond - Short-term Government Bills | ₹4.97 Cr | 2.09% |
| Mahindra & Mahindra Ltd | Equity | ₹4.86 Cr | 2.04% |
| Future on ITC | Equity - Future | ₹-4.81 Cr | 2.02% |
| ITC Ltd | Equity | ₹4.63 Cr | 1.94% |
| Future on Bajaj Finance Ltd | Equity - Future | ₹-4.18 Cr | 1.75% |
| Bajaj Finance Ltd | Equity | ₹4.12 Cr | 1.73% |
| Future on Bank of Baroda | Equity - Future | ₹-3.91 Cr | 1.64% |
| Bank of Baroda | Equity | ₹3.91 Cr | 1.64% |
| Future on Adani Power Ltd | Equity - Future | ₹-3.85 Cr | 1.61% |
| Adani Power Ltd | Equity | ₹3.73 Cr | 1.56% |
| State Bank of India | Equity | ₹3.66 Cr | 1.53% |
| Axis Bank Ltd | Equity | ₹3.66 Cr | 1.53% |
| SBI Life Insurance Co Ltd | Equity | ₹3.33 Cr | 1.40% |
| Yes Bank Ltd | Equity | ₹3.2 Cr | 1.34% |
| Future on Eicher Motors Ltd | Equity - Future | ₹-3.14 Cr | 1.31% |
| Eicher Motors Ltd | Equity | ₹3.1 Cr | 1.30% |
| Future on Steel Authority Of India Ltd | Equity - Future | ₹-3.09 Cr | 1.29% |
| Tata Steel Ltd | Equity | ₹3.04 Cr | 1.28% |
| Future on Tata Steel Ltd | Equity - Future | ₹-3.03 Cr | 1.27% |
| Steel Authority Of India Ltd | Equity | ₹3.02 Cr | 1.27% |
| State Bank of India Future Oct 26 | Equity - Future | ₹-3.01 Cr | 1.26% |
| Tbill | Bond - Gov't/Treasury | ₹2.99 Cr | 1.25% |
| 29/10/2026 Maturing 364 DTB | Bond - Gov't/Treasury | ₹2.98 Cr | 1.25% |
| Day Tbill | Bond - Gov't/Treasury | ₹2.92 Cr | 1.22% |
| India (Republic of) | Bond - Short-term Government Bills | ₹2.91 Cr | 1.22% |
| SBI Life Future Sept 26 | Equity - Future | ₹-2.24 Cr | 0.94% |
| Future on Larsen & Toubro Ltd | Equity - Future | ₹-2.13 Cr | 0.89% |
| Larsen & Toubro Ltd | Equity | ₹2.12 Cr | 0.89% |
| India (Republic of) | Bond - Short-term Government Bills | ₹1.99 Cr | 0.83% |
| Asian Paints Ltd | Equity | ₹1.99 Cr | 0.83% |
| Future on Ambuja Cements Ltd | Equity - Future | ₹-1.95 Cr | 0.82% |
| Future on Asian Paints Ltd | Equity - Future | ₹-1.95 Cr | 0.82% |
| Ambuja Cements Ltd | Equity | ₹1.93 Cr | 0.81% |
| Infosys Future Sept 26 | Equity - Future | ₹-1.86 Cr | 0.78% |
| Infosys Ltd | Equity | ₹1.86 Cr | 0.78% |
| One97 Communications Ltd | Equity | ₹1.74 Cr | 0.73% |
| Future on One97 Communications Ltd | Equity - Future | ₹-1.72 Cr | 0.72% |
| Bandhan Bank Ltd | Equity | ₹1.65 Cr | 0.69% |
| NTPC Ltd | Equity | ₹1.62 Cr | 0.68% |
| Future on Dabur India Ltd | Equity - Future | ₹-1.5 Cr | 0.63% |
| Dabur India Ltd | Equity | ₹1.48 Cr | 0.62% |
| IDFC First Bank Ltd | Equity | ₹1.44 Cr | 0.60% |
| 8.24% Govt Stock 2027 | Bond - Gov't/Treasury | ₹1.31 Cr | 0.55% |
| Pidilite Industries Ltd | Equity | ₹1.27 Cr | 0.53% |
| Indian Energy Exchange Ltd | Equity | ₹1.26 Cr | 0.53% |
| Future on Pidilite Industries Ltd | Equity - Future | ₹-1.23 Cr | 0.52% |
| SBI Life Future Oct 26 | Equity - Future | ₹-1.13 Cr | 0.47% |
| NTPC Future Sept 26 | Equity - Future | ₹-1.12 Cr | 0.47% |
| Future on Tata Power Co Ltd | Equity - Future | ₹-1.12 Cr | 0.47% |
| Tata Power Co Ltd | Equity | ₹1.11 Cr | 0.46% |
| Future on LIC Housing Finance Ltd | Equity - Future | ₹-1.03 Cr | 0.43% |
| LIC Housing Finance Ltd | Equity | ₹1.02 Cr | 0.43% |
| Punjab National Bank | Equity | ₹1.01 Cr | 0.42% |
| Day Tbill | Bond - Gov't/Treasury | ₹0.97 Cr | 0.41% |
| Jio Financial Services Ltd | Equity | ₹0.91 Cr | 0.38% |
| Future on Jio Financial Services Ltd | Equity - Future | ₹-0.9 Cr | 0.38% |
| HDFC Life Insurance Co Ltd | Equity | ₹0.9 Cr | 0.38% |
| Future on Tata Motors | Equity - Future | ₹-0.87 Cr | 0.36% |
| Future on Cenergy Holdings SA | Equity - Future | ₹-0.85 Cr | 0.35% |
| Tata Motors Passenger Vehicles Ltd | Equity | ₹0.84 Cr | 0.35% |
| 10.18% Govt Stock 2026 | Bond - Gov't/Treasury | ₹0.69 Cr | 0.29% |
| Grasim Industries Ltd | Equity | ₹0.67 Cr | 0.28% |
| Future on Grasim Industries Ltd | Equity - Future | ₹-0.67 Cr | 0.28% |
| Divi's Laboratories Ltd | Equity | ₹0.66 Cr | 0.28% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹0.66 Cr | 0.28% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹0.66 Cr | 0.28% |
| Future on Crompton Greaves Consumer Electricals Ltd | Equity - Future | ₹-0.66 Cr | 0.28% |
| Future on Indus Towers Ltd Ordinary Shares | Equity - Future | ₹-0.66 Cr | 0.28% |
| Future on Hindustan Aeronautics Ltd Ordinary Shares | Equity - Future | ₹-0.65 Cr | 0.27% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹0.65 Cr | 0.27% |
| Future on Divi's Laboratories Ltd | Equity - Future | ₹-0.65 Cr | 0.27% |
| Punjab National Bank Future Sept 26 | Equity - Future | ₹-0.64 Cr | 0.27% |
| State Bank of India Future Sept 26 | Equity - Future | ₹-0.63 Cr | 0.26% |
| HDFC Life Future Sept 26 | Equity - Future | ₹-0.6 Cr | 0.25% |
| Future on United Spirits Ltd | Equity - Future | ₹-0.54 Cr | 0.23% |
| United Spirits Ltd | Equity | ₹0.54 Cr | 0.22% |
| Future on NTPC | Equity - Future | ₹-0.49 Cr | 0.21% |
| Cenergy Holdings SA Future Sept 26 | Equity - Future | ₹-0.42 Cr | 0.18% |
| Future on Power Grid Corp Of India Ltd | Equity - Future | ₹-0.4 Cr | 0.17% |
| Power Grid Corp Of India Ltd | Equity | ₹0.4 Cr | 0.17% |
| Punjab National Bank Future Oct 26 | Equity - Future | ₹-0.37 Cr | 0.15% |
| Future on Hindalco Industries Ltd | Equity - Future | ₹-0.36 Cr | 0.15% |
| Hindalco Industries Ltd | Equity | ₹0.36 Cr | 0.15% |
| Tata Consumer Future Sept 26 | Equity - Future | ₹-0.35 Cr | 0.14% |
| Tata Consumer Products Ltd | Equity | ₹0.34 Cr | 0.14% |
| Godrej Properties Ltd | Equity | ₹0.33 Cr | 0.14% |
| Future on Godrej Properties Ltd | Equity - Future | ₹-0.33 Cr | 0.14% |
| Future on Solar Industries India Ltd | Equity - Future | ₹-0.3 Cr | 0.13% |
| Solar Industries India Ltd | Equity | ₹0.3 Cr | 0.13% |
| HDFC Life Future Oct 26 | Equity - Future | ₹-0.3 Cr | 0.13% |
| Future on GMR Airports Ltd | Equity - Future | ₹-0.27 Cr | 0.11% |
| GMR Airports Ltd | Equity | ₹0.26 Cr | 0.11% |
| InterGlobe Aviation Ltd | Equity | ₹0.24 Cr | 0.10% |
| Future on InterGlobe Aviation Ltd | Equity - Future | ₹-0.23 Cr | 0.10% |
| Torrent Pharmaceuticals Ltd | Equity | ₹0.19 Cr | 0.08% |
| Future on Torrent Pharmaceuticals Ltd | Equity - Future | ₹-0.19 Cr | 0.08% |
| Future on Titan Co Ltd | Equity - Future | ₹-0.18 Cr | 0.08% |
| Titan Co Ltd | Equity | ₹0.18 Cr | 0.07% |
| CG Power & Industrial Solutions Ltd | Equity | ₹0.16 Cr | 0.07% |
| Future on CG Power & Industrial Solutions Ltd | Equity - Future | ₹-0.15 Cr | 0.06% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹0.11 Cr | 0.05% |
| Future on Max Healthcare Institute Ltd Ordinary Shares | Equity - Future | ₹-0.11 Cr | 0.04% |
| Future on SBI Cards and Payment Services Ltd Ordinary Shares | Equity - Future | ₹-0.11 Cr | 0.04% |
| SBI Cards and Payment Services Ltd Ordinary Shares | Equity | ₹0.1 Cr | 0.04% |
| Future on JSW Steel Ltd | Equity - Future | ₹-0.09 Cr | 0.04% |
| JSW Steel Ltd | Equity | ₹0.09 Cr | 0.04% |
| UPL Future Sept 26 | Equity - Future | ₹-0.08 Cr | 0.03% |
| UPL Ltd | Equity | ₹0.08 Cr | 0.03% |
| DLF Ltd | Equity | ₹0.07 Cr | 0.03% |
| Future on DLF Ltd | Equity - Future | ₹-0.06 Cr | 0.03% |
Large Cap Stocks
19.99%
Mid Cap Stocks
1.97%
Small Cap Stocks
1.22%
AAA
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹71.45 Cr | 29.95% |
| Communication Services | ₹33.13 Cr | 13.89% |
| Energy | ₹25.71 Cr | 10.78% |
| Basic Materials | ₹17.84 Cr | 7.48% |
| Healthcare | ₹16.98 Cr | 7.12% |
| Consumer Cyclical | ₹9.64 Cr | 4.04% |
| Consumer Defensive | ₹6.98 Cr | 2.93% |
| Utilities | ₹6.85 Cr | 2.87% |
| Technology | ₹3.6 Cr | 1.51% |
| Industrials | ₹3.42 Cr | 1.44% |
| Real Estate | ₹0.39 Cr | 0.16% |
Standard Deviation
This fund
0.66%
Cat. avg.
0.56%
Lower the better
Sharpe Ratio
This fund
0.51
Cat. avg.
0.89
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.76
Higher the better
ISIN INF0J8L01065 | Expense Ratio 1.02% | Exit Load No Charges | Fund Size ₹239 Cr | Age 4 years 1 month | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark NIFTY 50 Arbitrage TR INR |
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.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Total AUM
₹7,106 Cr
Address
Unit No. 101A, 1st Floor, Mumbai, 400051
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| NJ Momentum Fund Direct Growth Very High Risk | 0.7% | 0.0% | - | - |
| NJ Value Fund Direct Growth Very High Risk | 0.7% | 0.0% | - | - |
| NJ Flexi Cap Fund Direct Growth Very High Risk | 0.9% | 0.0% | ₹2696.50 Cr | -4.5% |
| NJ Overnight Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹348.29 Cr | 5.2% |
| NJ Arbitrage Fund Direct Growth Low Risk | 1.0% | 0.0% | ₹238.54 Cr | 6.5% |
| NJ Balanced Advantage Fund Direct Growth Very High Risk | 1.2% | 0.0% | ₹3385.33 Cr | -0.6% |
| NJ ELSS Tax Saver Scheme Direct Growth Very High Risk | 0.8% | 0.0% | ₹349.03 Cr | -2.1% |
Your principal amount will be at Low Risk

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