JM Arbitrage Fund
Direct · Growth ₹37.63
19 Oct 2026
NAV
6.0%
3Y CAGR
5.7%
5Y CAGR
5.8%
10Y CAGR
5.9%
Weighted CAGR
?
Weighted Mean CAGR
Gives more importance to longer time periods (10Y, 20Y) than shorter ones (1Y, 3Y). This balances out recent outperformance and gives a more realistic picture of what long-term returns might look like.
Gives more importance to longer time periods (10Y, 20Y) than shorter ones (1Y, 3Y). This balances out recent outperformance and gives a more realistic picture of what long-term returns might look like.
-4.53
Sharpe
-0.5%
Max Drawdown
?
Max Drawdown
The largest peak-to-trough decline in the fund's NAV. Shows the worst-case loss an investor would have experienced at any point in the fund's history.
The largest peak-to-trough decline in the fund's NAV. Shows the worst-case loss an investor would have experienced at any point in the fund's history.
0.41%
TER
If you invested ₹1,00,000 every month via SIP, here's how this fund has historically performed across different time horizons.
| Duration | Invested | Median Value | XIRR | Min XIRR | Max XIRR |
|---|---|---|---|---|---|
| 1 Year | ₹12.00 L | ₹12.35 L | 6.3% | 2.0% | 10.4% |
| 3 Years | ₹36.00 L | ₹39.28 L | 5.9% | 3.2% | 8.4% |
| 5 Years | ₹60.00 L | ₹69.37 L | 5.6% | 3.8% | 7.2% |
| 7 Years | ₹84.00 L | ₹1.01 Cr | 5.4% | 4.3% | 6.6% |
| 10 Years | ₹1.20 Cr | ₹1.59 Cr | 5.5% | 5.0% | 6.0% |
| 12 Years | ₹1.44 Cr | ₹2.06 Cr | 5.8% | 5.8% | 5.9% |
SIP returns vs benchmark & category
Annualised SIP return (XIRR) over each rolling horizon — like-for-like, not lump-sum.
| Duration | Fund SIP XIRR | NIFTY 50 ARBITRAGE | Category avg | Fund edge |
|---|---|---|---|---|
| 1 Year | 6.3% | 6.4% | 6.5% | -0.1% |
| 3 Years | 5.9% | 6.3% | 6.7% | -0.4% |
| 5 Years | 5.6% | 6.0% | 6.2% | -0.4% |
| 7 Years | 5.4% | 5.7% | 6.1% | -0.3% |
| 10 Years | 5.5% | 5.5% | 6.2% | +0.0% |
| 12 Years | 5.8% | 5.6% | 6.4% | +0.2% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 6.3% | 6.5% | 2.0% | 10.4% | -0.10 | -0.13 | 100% | — | — |
| 3 Years | 6.0% | 6.2% | 3.4% | 8.8% | -0.35 | -0.37 | 100% | — | — |
| 5 Years | 5.7% | 5.5% | 4.4% | 7.9% | -0.85 | -0.67 | 100% | — | — |
| 10 Years | 5.8% | 5.8% | 5.6% | 6.2% | -4.53 | -0.98 | 100% | — | — |
-0.5%
Max Drawdown
1 mo
Drawdown Duration
2 mo
Recovery Time
-0.0%
Avg Drawdown
Calmar Ratio by Duration
11.77
1Y
11.17
3Y
10.57
5Y
10.40
7Y
10.89
10Y
11.52
12Y
Compared against NIFTY 50 ARBITRAGE
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | -0.75 | 0.73 | 77.8% | 65.7% | 6.4% | 7.4% |
| 3 Years | -0.12 | 0.62 | 73.4% | 42.8% | 7.0% | 7.5% |
| 5 Years | -0.22 | 0.60 | 72.4% | 38.4% | 6.5% | 6.8% |
| 7 Years | -0.61 | 0.53 | 66.0% | 34.3% | 5.5% | 5.8% |
| 10 Years | -0.47 | 0.45 | 64.6% | 27.1% | 5.6% | 5.6% |
| 12 Years | -0.27 | 0.47 | 66.5% | 28.3% | 6.0% | 5.9% |
| 15 Years | -0.24 | 0.48 | 68.3% | 26.9% | 5.9% | 5.7% |
104
Total Holdings
32.1%
Top 10 Weight
34
Sectors
| # | Stock | % of NAV |
|---|---|---|
| 1 | HDFC Bank Limited | 4.56% |
| 2 | Kotak Mahindra Bank Limited | 4.19% |
| 3 | ICICI Bank Limited | 4.00% |
| 4 | Reliance Industries Limited | 3.61% |
| 5 | Eternal Limited | 3.32% |
| 6 | Vodafone Idea Limited | 3.04% |
| 7 | Tata Steel Limited | 2.67% |
| 8 | Bharti Airtel Limited | 2.42% |
| 9 | Eicher Motors Limited | 2.32% |
| 10 | Adani Port & Special Economic Zone Ltd | 2.00% |