NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹31.53
0.09%
NAV as on 09 Dec 24, 12:00 AM
low risk
arbitrage fund
equity
NAV as on 09 Dec 24, 12:00 AM
low risk
arbitrage fund
equity
7.16%p.a.
Last 1Y
5.87%p.a.
Last 3Y
4.56%p.a.
Last 5Y
6.44%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the JM Arbitrage Fund Growth scheme from JM Financial Asset Management Limited. It is a Arbitrage Fund mutual fund scheme that predominantly invests in Arbitrage Fund stocks of companies. Launched on Jul 2006, JM Arbitrage Fund Growth is Arbitrage Fund fund of its category with 184.36 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Arbitrage Fund funds.
The investment objective of the Scheme is to generate income through arbitrage opportunities emerging out of mispricing between the cash market and the derivatives market and through deployment of surplus cash in fixed income instruments. There can be no assurance that the investment objective of the scheme will be realized. The scheme does not guarantee/ indicate any returns. Investors are required to read all the scheme related information set out in this document carefully
JM Liquid Dir Gr
7.14%
Indus Towers Ltd.
3.33%
Indus Towers Ltd Ordinary Shares
3.33%
Future on Bharat Electronics Ltd
3.17%
Bharat Electronics Ltd
3.17%
Future on Indian Energy Exchange Ltd
3.15%
Indian Energy Exchange Ltd
3.15%
Future on Tata Power Co Ltd
3.03%
Tata Power Co Ltd
3.03%
Future on NTPC Ltd
2.92%
View Scheme Document
If invested
per month
For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
---|---|---|
Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
If all details are correct, your KYC will be approved within 7 to 8 business days.
Funds
3Y Return
low risk | equity
6.5%
low risk | equity
6.5%
low risk | equity
6.2%