NJ Arbitrage Fund(G)-Direct Plan
View the regular plan of this scheme
Rs 12.1281 0.0148(0.122 %) NAV as on 06 May 2025
Scheme Objective: The investment objective of the scheme is to generate capital appreciation and income bypredominantly investing in arbitrage opportunities in the cash and derivatives segment of the equitymarket and by investing the balance in debt and money market instruments. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
Performance (As on 06 May 2025)
6 month returns | 1 year returns | 3 year returns | 5 year returns | Returns since inception | |
---|---|---|---|---|---|
Scheme | 3.45 % | 7.25 % | N/A | N/A | 7.23 % |
Nifty 50 Arbitrage | 4.01 % | 7.61 % | 7.05 % | 5.52 % | N/A |
Portfolio
Arbitrage funds invest in stocks, but hedge this whole exposure through derivatives. As a result, these funds deliver debt-like returns and are low risk. Where funds do not find arbitrage opportunities, they can invest in debt securities but maintain an equity orientation. The advantage these funds is that they are taxed like equity funds, and are therefore more efficient than debt funds.
These funds suit investors in the high tax brackets who want debt-like returns with better tax efficiency. These funds need to be held for about 1 year.