Summary Info Fund Name : JM Financial Mutual Fund Scheme Name : JM Arbitrage Fund - Direct (Annual-B) AMC : JM Financial Mutual Fund Type : Open Category : Arbitrage Funds Launch Date : 01-Aug-2014 Fund Manager : Asit Bhandarkar Net Assets:(Rs cr) 340.55

NAV Details

NAV Date : 09-Oct-2026 NAV [Rs]: 19.28 Buy/Resale Price [Rs] : 0.00 Sell/Repurchase Price [Rs] : 0.00 Entry Load % : NIL Exit Load % : 0.50% if redeemed within 30 s of allotment / transfer of units.

NAV Chart

1 Week 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception

Latest Payouts

Dividends Bonus Ratio NA NA Date NA NA

Investment Details
Tax benefits :	NA
Min. Investment(Rs) :	1000
Increm.Investment(Rs) :	100

Performance(%)	Date : 09-Oct-2026
1 Week 1 Month 3 Month 6 Month 1 Year 3 Year 5 Year Since Inception Scheme Return 0.14 0.54 1.44 3.02 6.38 6.92 6.41 0.10 Category Avg 0.13 0.52 1.40 2.95 6.24 6.80 6.25 5.70 Category Best 0.54 0.73 1.65 3.66 7.58 7.57 7.09 7.34 Category Worst -0.01 0.28 0.47 1.51 3.47 5.57 5.00 0.10

Asset Allocation

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Sector Allocation

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Holdings

30-Sep-2026

Company Name Sector Market Value No. Of Shares Hold     Rs Cr.   % ICICI Bank Banks 15.45 116900 4.54 Reliance Industr Refineries 14.07 118500 4.13 Axis Bank Banks 13.26 108125 3.89 Vodafone Idea Telecom-Service 11.57 8934375 3.40 Tata Steel Steel 11.15 605000 3.27 Kotak Mah. Bank Banks 10.01 240000 2.94 SBI Banks 8.85 92250 2.60 Indus Towers Telecom Equipment & Infra Services 6.73 180200 1.97 Adani Enterp. Trading 6.55 22557 1.92 Bandhan Bank Banks 6.48 363600 1.90 Eicher Motors Automobile 6.01 8400 1.76 B H E L Capital Goods - Electrical Equipment 6.00 144375 1.76 IDFC First Bank Banks 5.89 723450 1.73 Varun Beverages FMCG 5.62 130050 1.65 Yes Bank Banks 5.28 2519100 1.55 Power Fin.Corpn. Finance 4.74 145600 1.39 NMDC Mining & Mineral products 4.65 607500 1.37 Bajaj Finance Finance 4.53 47250 1.33 Bank of Baroda Banks 4.38 190125 1.29 Maruti Suzuki Automobile 4.37 3650 1.28 S A I L Steel 4.01 220900 1.18 Crompton Gr. Con Consumer Durables 3.81 182750 1.12 Adani Energy Sol Power Generation & Distribution 3.73 28350 1.09 Asian Paints Paints/Varnish 3.72 15500 1.09 Life Insurance Insurance 3.49 88200 1.02 Godrej Propert. Realty 3.33 20475 0.98 Adani Ports Marine Port & Services 3.25 18050 0.95 LIC Housing Fin. Finance 3.23 61000 0.95 Indian Hotels Co Hotels & Restaurants 3.21 44000 0.94 NBCC Miscellaneous 3.16 403000 0.93 Canara Bank Banks 2.98 249750 0.88 Jio Financial Finance 2.96 136300 0.87 Bharti Airtel Telecom-Service 2.75 15675 0.81 Bajaj Finserv Finance 2.75 15900 0.81 M & M Automobile 2.71 9200 0.80 Federal Bank Banks 2.70 85000 0.79 ITC FMCG 2.67 101775 0.79 Larsen & Toubro Infrastructure Developers & Operators 2.63 7000 0.77 Adani Power Power Generation & Distribution 2.61 127800 0.77 HDFC Bank Banks 2.40 33800 0.70 JSW Steel Steel 2.28 18225 0.67 Sun Pharma.Inds. Pharmaceuticals 2.16 11900 0.63 Hitachi Energy Capital Goods - Electrical Equipment 2.14 700 0.63 Manappuram Fin. Finance 1.90 60000 0.56 Interglobe Aviat Air Transport Service 1.87 3750 0.55 Biocon Pharmaceuticals 1.85 50000 0.54 United Spirits Alcoholic Beverages 1.62 12000 0.48 Ambuja Cements Cement 1.62 43200 0.47 Lupin Pharmaceuticals 1.55 7650 0.46 RBL Bank Banks 1.41 34925 0.41 Glenmark Pharma. Pharmaceuticals 1.40 6000 0.41 Divi's Lab. Pharmaceuticals 1.39 1500 0.41 Hind. Unilever FMCG 1.30 6900 0.38 Indian Energy Ex Financial Services 1.16 108750 0.34 Aurobindo Pharma Pharmaceuticals 1.10 6600 0.32 Info Edg.(India) E-Commerce/App based Aggregator 1.07 8800 0.32 Mankind Pharma Pharmaceuticals 1.06 4250 0.31 Tata Consumer FMCG 1.04 11000 0.31 HDFC AMC Finance 0.96 4200 0.28 Ashok Leyland Automobile 0.93 60000 0.27 NTPC Power Generation & Distribution 0.92 28500 0.27 Punjab Natl.Bank Banks 0.90 80000 0.27 Shriram Finance Finance 0.81 8250 0.24 UPL Agro Chemicals 0.80 14905 0.24 TVS Motor Co. Automobile 0.79 1925 0.23 JSW Energy Power Generation & Distribution 0.69 13975 0.20 Grasim Inds Textiles 0.69 2250 0.20 HDFC Life Insur. Insurance 0.63 12100 0.19 Adani Green Power Generation & Distribution 0.61 4800 0.18 APL Apollo Tubes Capital Goods-Non Electrical Equipment 0.61 2800 0.18 B P C L Refineries 0.48 15800 0.14 Cummins India Capital Goods-Non Electrical Equipment 0.48 1000 0.14 PNB Housing Finance 0.44 3900 0.13 Torrent Pharma. Pharmaceuticals 0.42 875 0.12 Alkem Lab Pharmaceuticals 0.39 750 0.11 Tata Power Co. Power Generation & Distribution 0.36 10150 0.11 Hind.Aeronautics Aerospace & Defence 0.35 750 0.10 Bharat Electron Aerospace & Defence 0.33 8550 0.10 Hindalco Inds. Non Ferrous Metals 0.33 3500 0.10 H P C L Refineries 0.28 8100 0.08 Eternal E-Commerce/App based Aggregator 0.23 7275 0.07 Union Bank (I) Banks 0.23 13275 0.07 Kalyan Jewellers Diamond, Gems and Jewellery 0.22 4050 0.07 Cholaman.Inv.&Fn Finance 0.20 1250 0.06 GMR Airports Miscellaneous 0.20 20925 0.06 I O C L Refineries 0.20 14625 0.06 Bharat Forge Castings, Forgings & Fasteners 0.19 1000 0.06 SBI Life Insuran Insurance 0.19 1125 0.06 IndusInd Bank Banks 0.19 2100 0.06 Cipla Pharmaceuticals 0.17 1275 0.05 UltraTech Cem. Cement 0.16 150 0.05 GE Vernova T&D Capital Goods - Electrical Equipment 0.16 375 0.05 Tube Investments Capital Goods-Non Electrical Equipment 0.14 600 0.04 Hindustan Zinc Non Ferrous Metals 0.14 2450 0.04 Prestige Estates Realty 0.13 900 0.04 DLF Realty 0.13 1900 0.04 Container Corpn. Logistics 0.11 2500 0.03 Cams Services Financial Services 0.11 1650 0.03 ICICI Lombard Insurance 0.10 650 0.03 Apollo Hospitals Healthcare 0.10 125 0.03 AU Small Finance Banks 0.10 1000 0.03 Dabur India FMCG 0.10 2500 0.03 Inox Wind Capital Goods - Electrical Equipment 0.09 12800 0.03 Bank of India Banks 0.07 5200 0.02 Fortis Health. Healthcare 0.06 775 0.02 Coal India Mining & Mineral products 0.06 1350 0.02 Suzlon Energy Capital Goods - Electrical Equipment 0.05 12700 0.01 TBILL-364D T Bills 14.85 1500000 4.36 TBILL-182D T Bills 9.88 1000000 2.90 C C I Debt Others 25.05 25050 7.36 Net CA & Others Debt Others 1.47 0 0.43 JM Fin. MF Mutual Fund Units 26.62 3426554 7.82

Statistical Ratios

What is Beta ? Beta is a measure of the volatility of the portfolio to that of the index. In simple words it shows the movement of the portfolio in comparison. The Higher the Beta, higher the volatility of the scheme to the index. If its greater than1 , then the portfolio is highly volatile to the movemnts in the index. If the beta is lesser than 1 , then scheme is less volatile to the index and beta which is close to 1 implies that the scheme is closely following the index. Beta [%]* SD [%]* Sharpe Ratio [%]* Jensons Alpha [%]* ER [%]* 0.7155 0.1340 3.5225 0.1680 -1.0139