NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

JM Arbitrage Fund Growth for NRI [31.53]

Min Investment

1,000

Fund Size

184.36 Cr

Expense Ratio

1.1%

Exit Load

0.5%

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

About JM Arbitrage Fund Growth for NRIs

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.

  • JM Arbitrage Fund Growth delivered 7.2% annual returns during the last year. It has delivered 6.4% average annual returns since the fund was launched.
  • JM Arbitrage Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in equity

Fund Objective

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

Top 10 Holdings

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%

Fund Managers

  1. Satish Ramanathan (Oct 2024 - Present)
  2. Asit Bhandarkar (Jul 2014 - Present)
  3. Chaitanya Choksi (Feb 2011 - Present)
  4. Ruchi Fozdar (Oct 2024 - Present)

Key Information

View Scheme Document

JM Arbitrage Fund Growth SIP Calculator

If invested

5,000

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

NRI Mutual Fund Tax on JM Arbitrage Fund Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in JM Arbitrage Fund Growth?

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:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in JM Arbitrage Fund Growth
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions