Nj Arbitrage Fund Datagrid
Category Arbitrage Fund
BMSMONEY Rank 24
Rating
Growth Option 27-01-2026
NAV ₹12.34(R) -0.09% ₹12.64(D) -0.08%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 5.41% 6.36% -% -% -%
Direct 6.19% 7.11% -% -% -%
Benchmark
SIP (XIRR) Regular 5.37% 6.04% -% -% -%
Direct 6.15% 6.81% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
1.69 1.02 0.64 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.4% 0.0% 0.0% - 0.28%
Fund AUM As on: 30/12/2025 262 Cr
Top Arbitrage Fund
Fund Name Rank Rating
Uti Arbitrage Fund 1
sbi arbitrage opportunities fund 2
Invesco India Arbitrage Fund 3
Kotak Equity Arbitrage Fund 4
Aditya Birla Sun Life Arbitrage Fund 5
Tata Arbitrage Fund 6

NAV Date: 27-01-2026

Scheme Name NAV Rupee Change Percent Change
NJ Arbitrage Fund - Regular Plan - Growth Option 12.34
-0.0100
-0.0900%
NJ Arbitrage Fund - Direct Plan - Growth Option 12.64
-0.0100
-0.0800%

Review Date: 27-01-2026

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 1.69 which is lower than the category average of 2.78.
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 0.48%, 1.58 and 3.0 in last one, three and six months respectively. In the same period the category average return was 0.45%, 1.61% and 3.08% respectively.
  • NJ Arbitrage Fund has given a return of 6.19% in last one year. In the same period the Arbitrage Fund category average return was 6.68%.
  • The fund has given a return of 7.11% in last three years and ranked 23.0rd out of 25 funds in the category. In the same period the Arbitrage Fund category average return was 7.48%.
  • The fund has given a SIP return of 6.15% in last one year whereas category average SIP return is 6.47%. The fund one year return rank in the category is 24th in 27 funds
  • The fund has SIP return of 6.81% in last three years and ranks 24th in 25 funds. Tata Arbitrage Fund has given the highest SIP return (7.52%) in the category in last three years.

NJ Arbitrage Fund Risk Analysis

  • The fund has a standard deviation of 0.4 and semi deviation of 0.28. The category average standard deviation is 0.38 and semi deviation is 0.28.

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 % 0.42
    0.40
    		0.33 | 0.46 8 | 27 Good
    3M Return % 1.39
    1.44
    		1.30 | 1.51 23 | 27 Poor
    6M Return % 2.62
    2.74
    		2.49 | 2.89 25 | 27 Poor
    1Y Return % 5.41
    5.98
    		5.19 | 6.41 26 | 27 Poor
    3Y Return % 6.36
    6.76
    		5.70 | 7.13 23 | 25 Poor
    1Y SIP Return % 5.37
    5.77
    		5.23 | 6.06 26 | 27 Poor
    3Y SIP Return % 6.04
    6.51
    		5.55 | 6.84 24 | 25 Poor
    Standard Deviation 0.40
    0.38
    		0.34 | 0.43 18 | 25 Average
    Semi Deviation 0.28
    0.28
    		0.24 | 0.32 16 | 25 Average
    Sharpe Ratio 1.69
    2.78
    		0.13 | 3.75 24 | 25 Poor
    Sterling Ratio 0.64
    0.68
    		0.57 | 0.72 23 | 25 Poor
    Sortino Ratio 1.02
    2.46
    		0.06 | 4.76 24 | 25 Poor
    Return data last Updated On : Jan. 27, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2025
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.48 0.45 0.39 | 0.52 4 | 27 Very Good
    3M Return % 1.58 1.61 1.47 | 1.69 21 | 27 Average
    6M Return % 3.00 3.08 2.84 | 3.26 22 | 27 Poor
    1Y Return % 6.19 6.68 6.02 | 7.17 26 | 27 Poor
    3Y Return % 7.11 7.48 6.55 | 7.78 23 | 25 Poor
    1Y SIP Return % 6.15 6.47 6.04 | 6.82 24 | 27 Poor
    3Y SIP Return % 6.81 7.23 6.39 | 7.52 24 | 25 Poor
    Standard Deviation 0.40 0.38 0.34 | 0.43 18 | 25 Average
    Semi Deviation 0.28 0.28 0.24 | 0.32 16 | 25 Average
    Sharpe Ratio 1.69 2.78 0.13 | 3.75 24 | 25 Poor
    Sterling Ratio 0.64 0.68 0.57 | 0.72 23 | 25 Poor
    Sortino Ratio 1.02 2.46 0.06 | 4.76 24 | 25 Poor
    Return data last Updated On : Jan. 27, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2025
    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
    27-01-2026 12.3372 12.6442
    23-01-2026 12.3485 12.6547
    22-01-2026 12.3355 12.6411
    21-01-2026 12.3407 12.6462
    20-01-2026 12.3468 12.6522
    19-01-2026 12.345 12.6501
    16-01-2026 12.3321 12.6361
    14-01-2026 12.3284 12.6318
    13-01-2026 12.3306 12.6338
    12-01-2026 12.315 12.6176
    09-01-2026 12.3145 12.6163
    08-01-2026 12.318 12.6197
    07-01-2026 12.3104 12.6115
    06-01-2026 12.3075 12.6084
    05-01-2026 12.3114 12.6121
    02-01-2026 12.2972 12.5967
    01-01-2026 12.2908 12.59
    31-12-2025 12.2931 12.5921
    30-12-2025 12.2822 12.5807
    29-12-2025 12.2861 12.5844

    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.