MonitorDirect · Growth
NJ Arbitrage Fund
- NAV
- 13.142
- 16 Sept 2026
- 1Y
- +6.3%
- Trailing CAGR
- AUM
- ₹238.54 Cr
- 31 Aug 2026
- Volatility
- Low
- 1.2% annualized
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+6.3%
- 3Y+6.9%
- 5Yn/a
- 10Yn/a
- SI+6.8%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+6.2%
- 3Y+6.5%
- 5Yn/a
- 10Yn/a
- Since inception
- +6.8%
- Calendar-day CAGR
- Excess 1Y
- -0.3%
- Category median, same plan and option
- 3Y win rate
- 0%
- Windows beating the median
- 3Y percentile
- 11
- Vs comparable share classes
- Worst rolling 3Y
- +6.7%
- 275 daily-ending windows
- Median rolling 3Y
- +7.1%
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
- SIP 3Y XIRR
- +6.5%
- Simulated monthly SIP
Drawdown
Peak to trough from a running NAV high. Move across the path to read a date.
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 2 days
- 226 recovered episodes
- Longest recovery
- 10 days
- Trough to prior peak
- Current spell
- 6 days
- Days below latest peak
- Time below peak
- +41%
- NAV observations
3 Aug 2026 – 1 Sept 2026
Trough 31 Aug 2026 · recovered in 1 days
-0.6%
1 Sept 2026 – 10 Sept 2026
Trough 4 Sept 2026 · recovered in 6 days
-0.4%
19 May 2026 – 5 Jun 2026
Trough 29 May 2026 · recovered in 7 days
-0.3%
10 Sept 2026 – open
Trough 11 Sept 2026 · not recovered
-0.3%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
11
Vs category
48
Consistency
0
Risk-adjusted
89
Drawdown
98
Mean
49
Portfolio
31 Aug 2026 · 74 holdings · top 10 are 130.3%.
- Top 5
- 111.5%
- Top 10
- 130.3%
- Largest holding
- 83.2%
- Effective holdings
- 1.4
Cash Margin
Unspecified
83.2%
Kotak Mahindra Bank Ltd
Financial
7.9%
Bharti Airtel Ltd
Technology
7.0%
Reliance Industries Ltd
Energy & Utilities
6.9%
Vodafone Idea Ltd
Technology
6.6%
Decision
Quantitative read of the live evidence. An explanation can only restate what is already here.
As of 16 Sept 2026
Monitor
Engine status
Monitor
Recent evidence
Why this status
- Three-year return sits below the 25th percentile of comparable share classes.
Supporting reads
- Risk-adjusted return sits above the documented risk-free proxy.
- Peak-to-trough drawdown has stayed shallower than 15%.
Worth investigating
Same-category peers with enough history to inspect beside this fund.
Axis Arbitrage Fund
Axis Mutual Fund
- 1Y
- +6.7%
- 3Y
- +7.4%
- Vol
- 1.0%
- Max DD
- -0.6%
- Sharpe
- 1.33
- 3Y win
- +87%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
ICICI Prudential Arbitrage Fund
ICICI Prudential Mutual Fund
- 1Y
- +6.6%
- 3Y
- +7.3%
- Vol
- 1.1%
- Max DD
- -0.6%
- Sharpe
- 1.58
- 3Y win
- +73%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
Invesco India Arbitrage Fund
Invesco Mutual Fund
- 1Y
- +6.9%
- 3Y
- +7.5%
- Vol
- 1.0%
- Max DD
- -0.5%
- Sharpe
- 1.55
- 3Y win
- +63%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
JM Arbitrage Fund
JM Financial Mutual Fund
- 1Y
- +6.3%
- 3Y
- +7.0%
- Vol
- 1.1%
- Max DD
- -0.5%
- Sharpe
- 1.01
- 3Y win
- +13%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
Mirae Asset Arbitrage Fund
Mirae Asset Mutual Fund
- 1Y
- +6.8%
- 3Y
- +7.4%
- Vol
- 1.0%
- Max DD
- -0.4%
- Sharpe
- 0.89
- 3Y win
- +81%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER