Nj Arbitrage Fund Datagrid
Category Arbitrage Fund
BMSMONEY Rank 23
Rating
Growth Option 29-07-2026
NAV ₹12.69(R) +0.07% ₹13.05(D) +0.07%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 5.56% 6.23% -% -% -%
Direct 6.31% 7.0% -% -% -%
Benchmark
SIP (XIRR) Regular 5.7% 5.87% -% -% -%
Direct 6.44% 6.63% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.74 0.33 0.62 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.51% 0.0% 0.0% - 0.38%
Fund AUM As on: 30/12/2025 262 Cr
Top Arbitrage Fund
Fund Name Rank Rating
Invesco India Arbitrage Fund 1
UTI Arbitrage Fund 2
Kotak Arbitrage Fund 3
SBI arbitrage opportunities fund 4
ICICI Prudential Equity - Arbitrage Fund 5

NAV Date: 29-07-2026

Scheme Name NAV Rupee Change Percent Change
NJ Arbitrage Fund - Regular Plan - Growth Option 12.69
0.0100
0.0700%
NJ Arbitrage Fund - Direct Plan - Growth Option 13.05
0.0100
0.0700%

Review Date: 29-07-2026

Beginning of Analysis

In the Arbitrage Fund category, NJ Arbitrage Fund is the 22nd ranked fund. The category has total 24 funds. The 1 star rating shows a very poor past performance of the NJ Arbitrage Fund in Arbitrage Fund. The fund has a Sharpe Ratio of 0.74 which is lower than the category average of 1.56.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Arbitrage Mutual Funds

NJ Arbitrage Fund Return Analysis

  • The fund has given a return of 0.6%, 1.47 and 3.08 in last one, three and six months respectively. In the same period the category average return was 0.58%, 1.55% and 3.24% respectively.
  • NJ Arbitrage Fund has given a return of 6.31% in last one year. In the same period the Arbitrage Fund category average return was 6.57%.
  • The fund has given a return of 7.0% in last three years and ranked 22.0nd out of twenty four funds in the category. In the same period the Arbitrage Fund category average return was 7.37%.
  • The fund has given a SIP return of 6.44% in last one year whereas category average SIP return is 6.7%. The fund one year return rank in the category is 25th in 31 funds
  • The fund has SIP return of 6.63% in last three years and ranks 22nd in 24 funds. Tata Arbitrage Fund has given the highest SIP return (7.27%) in the category in last three years.

NJ Arbitrage Fund Risk Analysis

  • The fund has a standard deviation of 0.51 and semi deviation of 0.38. The category average standard deviation is 0.51 and semi deviation is 0.38.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Arbitrage Fund Category
  • Good Performance in Arbitrage Fund Category
  • Poor Performance in Arbitrage Fund Category
  • Very Poor Performance in Arbitrage Fund Category

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.54
    0.52
    		0.39 | 0.67 13 | 37 Good
    3M Return % 1.30
    1.36
    		0.85 | 1.64 29 | 37 Average
    6M Return % 2.73
    2.88
    		1.90 | 3.38 27 | 34 Average
    1Y Return % 5.56
    5.84
    		3.78 | 6.91 28 | 31 Poor
    3Y Return % 6.23
    6.65
    		5.73 | 7.00 23 | 24 Poor
    1Y SIP Return % 5.70
    5.97
    		3.86 | 7.04 25 | 31 Poor
    3Y SIP Return % 5.87
    6.29
    		5.53 | 6.58 23 | 24 Poor
    Standard Deviation 0.51
    0.51
    		0.41 | 0.55 12 | 24 Good
    Semi Deviation 0.38
    0.38
    		0.30 | 0.41 9 | 24 Good
    Max Drawdown % 0.00
    0.00
    		-0.04 | 0.00 21 | 24 Poor
    Average Drawdown % 0.00
    0.00
    		0.00 | 0.04 24 | 24 Poor
    Sharpe Ratio 0.74
    1.56
    		-0.28 | 2.12 23 | 24 Poor
    Sterling Ratio 0.62
    0.66
    		0.57 | 0.70 23 | 24 Poor
    Sortino Ratio 0.33
    0.83
    		-0.10 | 1.22 23 | 24 Poor
    Return data last Updated On : July 29, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2026
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.60 0.58 0.47 | 0.72 13 | 38 Good
    3M Return % 1.47 1.55 1.21 | 1.81 34 | 38 Poor
    6M Return % 3.08 3.24 2.54 | 3.71 30 | 35 Poor
    1Y Return % 6.31 6.57 5.11 | 7.57 27 | 31 Poor
    3Y Return % 7.00 7.37 6.57 | 7.64 22 | 24 Poor
    1Y SIP Return % 6.44 6.70 5.23 | 7.72 25 | 31 Poor
    3Y SIP Return % 6.63 7.01 6.37 | 7.27 22 | 24 Poor
    Standard Deviation 0.51 0.51 0.41 | 0.55 12 | 24 Good
    Semi Deviation 0.38 0.38 0.30 | 0.41 9 | 24 Good
    Max Drawdown % 0.00 0.00 -0.04 | 0.00 21 | 24 Poor
    Average Drawdown % 0.00 0.00 0.00 | 0.04 24 | 24 Poor
    Sharpe Ratio 0.74 1.56 -0.28 | 2.12 23 | 24 Poor
    Sterling Ratio 0.62 0.66 0.57 | 0.70 23 | 24 Poor
    Sortino Ratio 0.33 0.83 -0.10 | 1.22 23 | 24 Poor
    Return data last Updated On : July 29, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2026
    KPIs: Key Performance Indicators

    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.


    Date Nj Arbitrage Fund NAV Regular Growth Nj Arbitrage Fund NAV Direct Growth
    29-07-2026 12.6911 13.0516
    28-07-2026 12.6828 13.0428
    27-07-2026 12.6758 13.0354
    24-07-2026 12.6756 13.0345
    23-07-2026 12.6789 13.0377
    22-07-2026 12.683 13.0416
    21-07-2026 12.6747 13.0328
    20-07-2026 12.6673 13.025
    17-07-2026 12.6705 13.0276
    16-07-2026 12.6593 13.0158
    15-07-2026 12.6624 13.0188
    14-07-2026 12.6708 13.0273
    13-07-2026 12.6532 13.0089
    10-07-2026 12.654 13.009
    09-07-2026 12.6513 13.006
    08-07-2026 12.6555 13.0101
    07-07-2026 12.6532 13.0075
    06-07-2026 12.646 12.9998
    03-07-2026 12.6424 12.9955
    02-07-2026 12.6349 12.9875
    01-07-2026 12.6362 12.9886
    30-06-2026 12.6186 12.9703
    29-06-2026 12.6226 12.9741

    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.