Jama - IDFC Arbitrage Fund
NAV : 27.5666
AUM : ₹7,557 Cr.
|1 Month||3 Months||6 Months||1 Year||2 Years||3 Years||5 years
Expense Ratio Trends
The fund invests in arbitrage opportunities in the cash and the derivative segments of the equity markets. It aims to capture the spread (Cost of Carry) between the cash and futures market by simultaneously executing buy (in the cash market) and sell (in the futures market) trades. The balance is invested in debt and money market instruments. The fund typically follows a strategy of taking market neutral (equally offsetting) positions in the equity market making it a low risk product irrespective of the movements in equity market.
|Min (1st time)||₹100|
|Min (later on)||₹100|
|Exit Load : 0.25% if redeemed / switched-out within 1 month from the date of allotment (w.e.f 01st July 2016)|
Investment of Rs.1,00,000 becomes
|With Jama||With Broker||Back2Pocket
|After 6 months||₹1,01,063||₹1,00,891||₹172|
|After 1 year||₹1,04,474||₹1,03,775||₹698|
|After 3 years||₹1,16,712||₹1,14,286||₹2,425|
|After 20 years||₹2,80,175||₹2,43,572||₹36,603|
Direct Savings :
Direct Savings :
Returns assumed : 5.29% Past 3 yr Data
The investment objective of the Scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunity in the cash and the derivative segments of the equity markets and the arbitrage opportunity available within the derivative segments and by investing the balance in debt and money market instruments. However there is no assurance that the investment objective of the scheme will be realized.
Mr. Yogik Pitti, Mr. Harshal Joshi, Mr. Arpit Kapoor