Nj Arbitrage Fund Overview
Category Arbitrage Fund
BMSMONEY Rank N/A
BMSMONEY Rating N/A
Gro. Opt. As On: 19-11-2024
NAV ₹11.58(R) +0.05% ₹11.77(D) +0.06%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 7.12% -% -% -% -%
LumpSum (D) 7.89% -% -% -% -%
SIP (R) -8.93% -% -% -% -%
SIP (D) -8.25% -% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
Top Arbitrage Fund
Fund Name Rank Rating
Invesco India Arbitrage Fund 1
Kotak Equity Arbitrage Fund 2
Edelweiss Arbitrage Fund 3
Uti Arbitrage Fund 4
sbi arbitrage opportunities fund 5

NAV Date: 19-11-2024

Scheme Name NAV Rupee Change Percent Change
NJ Arbitrage Fund - Regular Plan - Growth Option 11.58
0.0100
0.0500%
NJ Arbitrage Fund - Direct Plan - Growth Option 11.77
0.0100
0.0600%

Review Date: 19-11-2024

A review of the different performance parameters of the fund is as follows:
  1. Returns: It captures the increment in the investment's value during the investment period, articulated as either a percentage or a monetary denomination. We carefully examined four return parameters of this fund to gauge its performance. The return parameters have been divided into three performance groups: the top 25%, parameters below the top 25% but exceeding the average, and parameters below the average mark. Please find the detailed analysis below.
    1. Top 25%: The fund does not have any return parameter in the top 25% in the category.
    2. Above Average Below the Top 25%: The fund does not have any return parameter which is above average but below the top 25%.
    3. Below Average: NJ Arbitrage Fund has four return parameters that are below average in the category, which are listed below:
      • 1Y Return %
      • 6M Return %
      • 3M Return %
      • 1M Return %
  2. Risk: It is defined as the prospect of not attaining expected yields or enduring financial setbacks due to numerous causes. For NJ Arbitrage Fund, we have analyzed zero risk parameters and divided them into three groups the lowest 25%, below average but above the lowest 25%, and above average, which are described below.
    1. Lowest 25%: NJ Arbitrage Fund does not have any risk parameters in the lowest 25% of the category. It means high risk compared to other funds in the category.
    2. Below Average but Above the Lowest 25%: NJ Arbitrage Fund does not have any risk parameters in the below average but above the lowest 25% of the category.
    3. Above Average: NJ Arbitrage Fund does not have any risk parameters above average; which is a good sign.
  3. Risk Adjusted Performance Parameters: Risk-adjusted performance parameters in mutual funds are parameters that assess the return on investments based on the risks involved. These parameters provide a platform for investors to compare various investments, by considering both profits and the risks involved. For NJ Arbitrage Fund, we have evaluated zero risk-adjusted performance parameters.
    1. Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the top 25% of the category.
    2. Above Average Below Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.
    3. Below Average Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.52
0.56
0.49 | 0.59 25 | 27 Poor
3M Return % 1.62
1.74
1.42 | 1.85 26 | 27 Poor
6M Return % 3.36
3.58
3.00 | 3.77 26 | 27 Poor
1Y Return % 7.12
7.45
6.24 | 7.92 24 | 27 Poor
1Y SIP Return % -8.93
-8.57
-9.64 | -8.18 25 | 27 Poor
Return data last Updated On : Nov. 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.58 0.61 0.55 | 0.65 25 | 27
3M Return % 1.81 1.92 1.62 | 2.02 26 | 27
6M Return % 3.73 3.92 3.40 | 4.08 26 | 27
1Y Return % 7.89 8.16 7.09 | 8.55 21 | 27
1Y SIP Return % -8.25 -7.94 -8.90 | -7.63 25 | 27
Return data last Updated On : Nov. 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.05 ₹ 10,005.00 0.06 ₹ 10,006.00
1W 0.13 ₹ 10,013.00 0.14 ₹ 10,014.00
1M 0.52 ₹ 10,052.00 0.58 ₹ 10,058.00
3M 1.62 ₹ 10,162.00 1.81 ₹ 10,181.00
6M 3.36 ₹ 10,336.00 3.73 ₹ 10,373.00
1Y 7.12 ₹ 10,712.00 7.89 ₹ 10,789.00
3Y ₹ ₹
5Y ₹ ₹
7Y ₹ ₹
10Y ₹ ₹
15Y ₹ ₹

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 -8.93 ₹ 11,409.34 -8.25 ₹ 11,455.04
3Y ₹ 36000 ₹ ₹
5Y ₹ 60000 ₹ ₹
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Nj Arbitrage Fund NAV Regular Growth Nj Arbitrage Fund NAV Direct Growth
19-11-2024 11.5817 11.7664
18-11-2024 11.5755 11.7598
14-11-2024 11.572 11.7553
13-11-2024 11.5608 11.7438
12-11-2024 11.567 11.7498
11-11-2024 11.5591 11.7415
08-11-2024 11.5598 11.7415
07-11-2024 11.5472 11.7285
06-11-2024 11.5431 11.7241
05-11-2024 11.5476 11.7284
04-11-2024 11.5428 11.7233
31-10-2024 11.5284 11.7077
30-10-2024 11.5275 11.7066
29-10-2024 11.5292 11.7081
28-10-2024 11.5287 11.7073
25-10-2024 11.5254 11.7033
24-10-2024 11.5167 11.6942
23-10-2024 11.5163 11.6936
22-10-2024 11.5129 11.6899
21-10-2024 11.5218 11.6987

Fund Launch Date: 01/Aug/2022
Fund Category: Arbitrage Fund
Investment Objective: 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.
Fund Description: An open ended scheme investing in arbitrage opportunities
Fund Benchmark: Nifty 50 Arbitrage Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.