Overview
NJ Arbitrage Fund Direct Growth
NJ Mutual Fund
The scheme seeks to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivatives segment of the equity market and by investing the balance in debt and money market instruments.
Investments in NJ Arbitrage Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 12.0974
Fund Size (AUM)
₹286.49 Cr
Risk
Low (Risk rating: 1/10)
Minimum Investment
Lumpsum: ₹ 5000
SIP: ₹100
Launch Date
01-Aug-2022
Expense Ratio
0.26%
Exit Load
Nil
Benchmark
NIFTY 50 Arbitrage Total Return Index
Standard Deviation
N/A
History
Performance & Ratios
1-Year SIP Return
7.39%
3-Year SIP Return
N/A
5-Year SIP Return
N/A
Mean Return
N/A
Alpha
-
Beta
-
Sharpe Ratio
-
Sortino Ratio
-
Information Ratio
-
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 7.06% | N/A | N/A | N/A |
| Category Average | 6.91% | 6.5% | 5.26% | N/A |
| Rank Within Category | 26 | N/A | N/A | N/A |
Holdings (98)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 8.66% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 7.43% |
| Bank Of Baroda | Financial | Equity | 7.02% |
| HDFC Bank Ltd. | Financial | Equity | 6.53% |
| United Spirits Ltd. | Consumer Staples | Equity | 4.28% |
| Punjab National Bank | Financial | Equity | 4.11% |
| Adani Enterprises Ltd. | Services | Equity | 3.83% |
| Bajaj Finance Ltd. | Financial | Equity | 3.67% |
| Biocon Ltd. | Healthcare | Equity | 2.56% |
| Tata Power Company Ltd. | Energy | Equity | 2.46% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| Invesco India Arbitrage Fund Direct Growth | 19675.15 | 7.88 | 7.69 | 0.39 | N/A |
| Kotak Equity Arbitrage Fund Direct Growth | 60373.17 | 7.9 | 7.59 | 0.44 | N/A |
| Tata Arbitrage Fund Direct Growth | 12789.92 | 7.88 | 7.47 | 0.3 | N/A |
| Aditya Birla Sun Life Arbitrage Fund Direct Growth | 14236.09 | 7.87 | 7.41 | 0.31 | N/A |
| Nippon India Arbitrage Fund Direct Growth | 13733.37 | 7.66 | 7.36 | 0.35 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 100
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28
Min Amount: ₹ 500
Min Installments: 6
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: 1, 5, 12, 20
Min Amount: ₹ 500
Min Installments: 6
AMC Details
Asset Management Company
NJ Mutual Fund
None NJ Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
Launch Date
2021-04-20T00:00:00.449Z
Total AUM
₹ 6470.33 Cr
Address
Unit No. 101A, 1st Floor,Hallmark Business Plaza,Bandra (East), Mumbai 400051
Phone
None
Website
Sub Type
Contra
Sub Type Info
Contra funds follow Contrarian strategy which means investing in stocks in contrast to the prevailing sentiment. Minimum investment in equity is 65%.
Tax Impact
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
Compare with Another Fund
NJ Arbitrage Fund Direct Growth
NJ Mutual Fund
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Frequently Asked Questions
How is the overall rating calculated?
The overall rating for NJ Arbitrage Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of NJ Arbitrage Fund Direct Growth?
The top stocks held by NJ Arbitrage Fund Direct Growth include Reliance Industries Ltd., Kotak Mahindra Bank Ltd., Bank Of Baroda.
Which industries does NJ Arbitrage Fund Direct Growth invest in?
NJ Arbitrage Fund Direct Growth primarily invests in the following industries: Energy, Financial, Consumer Staples.
Who are the fund managers of NJ Arbitrage Fund Direct Growth?
The fund managers of NJ Arbitrage Fund Direct Growth are Dhaval Patel and Viral Shah.
How many years has the fund manager been managing NJ Arbitrage Fund Direct Growth?
Dhaval Patel:
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Viral Shah:
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What is the minimum investment for NJ Arbitrage Fund Direct Growth?
The minimum investment for NJ Arbitrage Fund Direct Growth is ₹5000 for lumpsum investments and ₹100 for SIPs.
What are the average 1-year returns for NJ Arbitrage Fund Direct Growth?
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What are the average 3-year returns for NJ Arbitrage Fund Direct Growth?
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What is the expense ratio of NJ Arbitrage Fund Direct Growth, and how does it compare to its category?
The expense ratio of NJ Arbitrage Fund Direct Growth is 0.26%. The average expense ratio for similar funds in the Hybrid is Calculating....