NJ Arbitrage Fund - Regular Plan - Growth Option
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Delivered positive returns in 100% of 3-year investment horizons.
- Cost-efficient: expense ratio of 1.66% is lower than category median (2.12%).
- Equities carry market risk; returns fluctuate and recommended investment horizon is 5+ years.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +0.76% | +0.72% | +0.04% |
| 3 Months | +1.49% | +1.49% | 0.00% |
| 6 Months | +2.97% | +3.04% | -0.07% |
| 1 Year | +5.89% | +6.13% | -0.24% |
| 3 Years CAGR | +6.10% | +6.54% | -0.44% |
| Since Inception | +6.14% | - | - |
📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay
See how a regular monthly SIP in NJ Arbitrage Fund compares against a standard 7.0% p.a. Bank Fixed Deposit.
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +5.00% | +5.16% | -0.16% |
| 2025 | +5.59% | +6.23% | -0.64% |
| 2024 | +6.90% | +7.46% | -0.56% |
| 2023 | +6.72% | +7.05% | -0.33% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | +4.98% | +6.29% | +6.32% | +7.58% | 100.0% | - |
| 3-Year Rolling | +5.94% | +6.30% | +6.34% | +6.54% | 100.0% | - |
Risk Profile & Deepest Drawdowns
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Instruments Indicative allocations | Per Scheme Mandate |
| (% of total assets) | Per Scheme Mandate |
| Equity & Equity related instruments : Minimum 65% - Maximum 100% | Per Scheme Mandate |
| Debt and money market instruments* : Minimum 0% - Maximum 35% | Per Scheme Mandate |
| Risk Profile | Per Scheme Mandate |
| Equity & Equity related instruments - High to Very High | Per Scheme Mandate |
| Debt and money market instruments* - Low to Medium | Per Scheme Mandate |
| *TREPS, Government Repo / Reverse Repo (in Government Securities), Treasury bills, Government securities (Issued by both Central and State governments) and any other like instruments as specified by the Reserve Bank of India from time to time and approved by SEBI from time to time. | Per Scheme Mandate |
| Please refer SID for Further details | Per Scheme Mandate |
Investment Objective & Strategy
The investment objective of the scheme is 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. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 222 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as comfortable relative to Arbitrage schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Arbitrage Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| BANK OF INDIA Arbitrage Fund | 2.0 | +6.26% | 2.85% | - | Rs 129 cr | Compare → |
| Mahindra Manulife Arbitrage Fund | 3.3 | +5.62% | 1.91% | - | Rs 143 cr | Compare → |
| Bajaj Finserv Arbitrage Fund | 4.1 | +6.27% | 1.97% | - | Rs 1,352 cr | Compare → |
| quant Arbitrage Fund | 8.0 | - | 2.22% | - | Rs 1,185 cr | Compare → |
| JM Arbitrage Fund | 2.6 | +6.27% | 2.11% | - | Rs 418 cr | Compare → |
Frequently Asked Questions about NJ Arbitrage Fund
What is the expense ratio of NJ Arbitrage Fund?
NJ Arbitrage Fund has a total expense ratio (TER) of 1.66% with a base expense ratio of 0.75%, compared to the Arbitrage category median of 2.12%.
Who manages NJ Arbitrage Fund?
NJ Arbitrage Fund is managed by Viral Shah.
What are the historical returns of NJ Arbitrage Fund?
NJ Arbitrage Fund delivered a 3-year CAGR of 6.1%. Its 1-year return stands at +5.89%.
How large is NJ Arbitrage Fund?
NJ Arbitrage Fund manages assets of Rs 222 cr, placing it in the 'comfortable' size band relative to Arbitrage peers.
How is NJ Arbitrage Fund scored on MFIQ?
NJ Arbitrage Fund holds an MFIQ Score of 3.3/10 (Weak), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is NJ Arbitrage Fund?
NJ Arbitrage Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 1.37% with a maximum historical drawdown of -0.69%.