JM Arbitrage Fund
Direct · Growth ₹37.22
18 Aug 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.
-4.58
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 | ₹69.32 L | 5.6% | 3.8% | 7.2% |
| 7 Years | ₹84.00 L | ₹1.01 Cr | 5.3% | 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% | 6.3% | -0.4% |
| 5 Years | 5.6% | 6.0% | 6.2% | -0.4% |
| 7 Years | 5.3% | 5.6% | 6.1% | -0.3% |
| 10 Years | 5.5% | 5.5% | 6.2% | +0.0% |
| 12 Years | 5.8% | 5.6% | 6.5% | +0.3% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 6.3% | 6.5% | 2.0% | 10.4% | -0.10 | -0.12 | 100% | — | — |
| 3 Years | 6.0% | 6.2% | 3.4% | 8.8% | -0.35 | -0.38 | 100% | — | — |
| 5 Years | 5.7% | 5.4% | 4.4% | 7.9% | -0.86 | -0.68 | 100% | — | — |
| 10 Years | 5.8% | 5.8% | 5.6% | 6.2% | -4.58 | -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
11.15
3Y
10.54
5Y
10.40
7Y
10.91
10Y
11.56
12Y
Compared against NIFTY 50 ARBITRAGE
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | -0.72 | 0.70 | 76.2% | 57.5% | 6.3% | 7.2% |
| 3 Years | -0.03 | 0.58 | 72.7% | 36.4% | 7.0% | 7.5% |
| 5 Years | -0.22 | 0.58 | 71.5% | 34.4% | 6.3% | 6.5% |
| 7 Years | -0.64 | 0.51 | 64.9% | 31.7% | 5.4% | 5.7% |
| 10 Years | -0.48 | 0.44 | 64.3% | 25.6% | 5.6% | 5.6% |
| 12 Years | -0.26 | 0.46 | 66.3% | 26.7% | 6.0% | 5.9% |
| 15 Years | -0.27 | 0.47 | 68.0% | 25.5% | 5.8% | 5.6% |
106
Total Holdings
31.7%
Top 10 Weight
32
Sectors
| # | Stock | % of NAV |
|---|---|---|
| 1 | HDFC Bank Limited | 4.98% |
| 2 | ICICI Bank Limited | 3.93% |
| 3 | Kotak Mahindra Bank Limited | 3.90% |
| 4 | Reliance Industries Limited | 3.65% |
| 5 | Vodafone Idea Limited | 3.46% |
| 6 | Eternal Limited | 2.72% |
| 7 | Tata Steel Limited | 2.69% |
| 8 | Bharti Airtel Limited | 2.23% |
| 9 | Eicher Motors Limited | 2.14% |
| 10 | Yes Bank Ltd | 2.01% |