Should I invest in JM ARBITRAGE ADVANTAGE FUND?

We don't give personal investment advice. JM ARBITRAGE ADVANTAGE FUND-Dividend is suitable for an investor whose:horizon is 3-5 years — too short for pure equity, too long for pure debtwants a single fund that automatically rebalances between equity and debtis comfortable trading some upside for lower volatility vs a pure equity fundCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.3%. 5-year CAGR: 5.50%.

JM Financial

JM ARBITRAGE ADVANTAGE FUND-Dividend

Latest NAV

₹15.8664

As of

3 Jun 2026

4,894 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.08%	-0.06%	+0.14	4 / 16	Q1
1W	+0.02%	+0.00%	+0.02	4 / 16	Q1
2W	-0.02%	-0.06%	+0.04	5 / 16	Q2
1M	+0.26%	+0.19%	+0.06	2 / 16	Q1
3M	+1.01%	+0.88%	+0.14	11 / 16	Q3
6M	+2.56%	+2.31%	+0.25	11 / 16	Q3
YTD	+2.06%	+1.72%	+0.34	11 / 16	Q3
1Y	+5.37%	+4.91%	+0.46	12 / 16	Q3
2Y	+5.94%	+4.49%	+1.45	11 / 15	Q3
3Y	+6.36%	+5.18%	+1.18	12 / 15	Q4
4Y	+6.09%	+5.19%	+0.90	11 / 15	Q3
5Y	+5.50%	+4.90%	+0.60	11 / 15	Q3
7Y	+4.83%	+4.44%	+0.38	10 / 15	Q3
10Y	+4.31%	+4.00%	+0.31	8 / 13	Q3
Inception	+2.33%	+4.77%	-2.43	14 / 16	Q4

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+2.06%	+1.89%	+0.17	11 / 14
2025	+5.86%	+3.86%	+1.99	11 / 14
2024	+7.04%	+6.39%	+0.65	10 / 13
2023	+6.72%	+6.17%	+0.55	10 / 13
2022	+3.96%	+3.79%	+0.17	11 / 13
2021	+2.77%	+2.93%	-0.15	10 / 13
2020	+2.44%	+2.33%	+0.10	8 / 13
2019	+5.33%	+3.71%	+1.62	7 / 13
2018	+4.89%	+3.81%	+1.08	8 / 13
2017	+0.77%	+2.85%	-2.08	8 / 15
2016	+1.09%	+4.00%	-2.90	12 / 15

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+2.28%

230 windows

min -3.2% · max 7.4%

81% positive

3-Year rolling

+2.17%

206 windows

min -0.5% · max 6.7%

83% positive

5-Year rolling

+2.03%

182 windows

min -0.1% · max 5.5%

98% positive

7-Year rolling

+1.97%

157 windows

min -0.1% · max 4.9%

99% positive

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

0.46%

3-year · annualised

Sharpe ratio

—

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.33%

May 2026 → May 2026

% positive months

100.0%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Arbitrage Fund

Scheme	Fund house	NAV	As of
Nippon India Arbitrage Fund - Growth Plan - Growth Option	Nippon India	₹27.8838	3 Jun 2026
SBI Arbitrage Opportunities Fund - Div	SBI	₹18.7011	3 Jun 2026
Franklin India Arbitrage Fund - Growth	Franklin India	₹10.9509	3 Jun 2026
Kotak Equity Arbitrage Fund - Dividend	Kotak Mahindra	₹10.6944	3 Jun 2026
UTI Spread Fund - Dividend Option	UTI	₹20.8199	3 Jun 2026
IDFC Arbitrage Fund - Plan A - Dividend	IDFC	₹10.6183	3 Jun 2026
JM ARBITRAGE ADVANTAGE FUND-Growth	JM Financial	₹34.1848	3 Jun 2026
Religare Arbitrage Fund - Dividend Option	Religare	₹17.9184	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹15.8664
2 Jun 2026	₹15.8540
1 Jun 2026	₹15.8763
29 May 2026	₹15.8301
27 May 2026	₹15.8638
26 May 2026	₹15.8724
25 May 2026	₹15.8689
22 May 2026	₹15.8625
21 May 2026	₹15.8753
20 May 2026	₹15.8701

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of JM ARBITRAGE ADVANTAGE FUND-Dividend is ₹15.8664. It's a Arbitrage Fund from JM Financial, run as a Unknown plan Growth option. NAVs update once per business day from the AMFI feed.

JM ARBITRAGE ADVANTAGE FUND-Dividend has NAV history starting from 20 Jul 2006, a track record of about 19 years 10 months. Long-tenured funds like this have weathered multiple market cycles — the 2008 crash, 2013 taper tantrum, 2020 COVID drawdown — which makes their returns more credible than a 3-year track record alone.

JM ARBITRAGE ADVANTAGE FUND-Dividend is managed by JM Financial. It's classified by AMFI under the 'Arbitrage Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, JM ARBITRAGE ADVANTAGE FUND-Dividend has delivered a absolute return of 5.37% — +0.46 pp ahead of the Arbitrage Fund category average of 4.91%. The fund ranks #12 of 16 in its category — the third (Q3) quartile.

Over the trailing 3-year window, JM ARBITRAGE ADVANTAGE FUND-Dividend has delivered a CAGR of 6.36% — +1.18 pp ahead of the Arbitrage Fund category average of 5.18%. The fund ranks #12 of 15 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, JM ARBITRAGE ADVANTAGE FUND-Dividend has delivered a CAGR of 5.50% — +0.6 pp ahead of the Arbitrage Fund category average of 4.90%. The fund ranks #11 of 15 in its category — the third (Q3) quartile.

₹1 lakh invested in JM ARBITRAGE ADVANTAGE FUND-Dividend exactly 10 years ago would be worth approximately ₹152,492 today — a multiplier of 1.52×, based on the 10-year CAGR of 4.31%. The category average over the same window would have grown ₹1 lakh to ₹148,013.

A ₹10,000 monthly SIP in JM ARBITRAGE ADVANTAGE FUND-Dividend over the last 5 years — total invested ₹600,000 — would be worth ₹697,350 today. That's an XIRR (money-weighted annualised return) of 5.95%.

A ₹10,000 monthly SIP for 10 years in JM ARBITRAGE ADVANTAGE FUND-Dividend = ₹1,200,000 invested. It would currently be worth ₹1,552,779 (multiplier 1.29×). XIRR: 5.03%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, JM ARBITRAGE ADVANTAGE FUND-Dividend ranks #11 out of 15 funds in the Arbitrage Fund category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 4.90%; this fund delivered 5.50%.

The worst peak-to-trough decline JM ARBITRAGE ADVANTAGE FUND-Dividend has experienced over the last 5-year window is 0.33% — its NAV fell from a high on 19 May 2026 to a low on 29 May 2026. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, JM ARBITRAGE ADVANTAGE FUND-Dividend averaged 2.03% (best 5.52%, worst -0.12%). 98% of rolling windows ended positive. The 5-year Sharpe ratio is -1.93 — negative risk-adjusted performance.

In calendar year 2025, JM ARBITRAGE ADVANTAGE FUND-Dividend returned 5.86% — beating the Arbitrage Fund category average of 3.86% by 1.99 pp. It ranked #11 of 14 in its category that year.

JM ARBITRAGE ADVANTAGE FUND-Dividend is a Hybrid scheme. Tax treatment follows its actual equity allocation as disclosed by the AMC: at least 65% equity behaves like an equity fund (12.5% LTCG over 12 months, 20% STCG); 35-65% equity often gets an equity-style treatment with a 24-month threshold; under 35% equity is taxed at slab rate like a debt fund. Check the AMC's latest factsheet for the current classification.

We don't give personal investment advice. JM ARBITRAGE ADVANTAGE FUND-Dividend is suitable for an investor whose:

horizon is 3-5 years — too short for pure equity, too long for pure debt
wants a single fund that automatically rebalances between equity and debt
is comfortable trading some upside for lower volatility vs a pure equity fund

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.3%. 5-year CAGR: 5.50%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.