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) 391.43

NAV Details

NAV Date : 11-Aug-2026 NAV [Rs]: 19.12 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 : 07-Aug-2026
1 Week 1 Month 3 Month 6 Month 1 Year 3 Year 5 Year Since Inception Scheme Return 0.13 0.46 1.62 3.01 6.39 7.13 6.30 0.02 Category Avg -0.29 0.51 1.61 3.03 6.20 6.96 6.16 5.67 Category Best -0.15 0.69 2.66 3.79 7.63 7.73 6.97 7.52 Category Worst -0.47 0.20 0.94 1.81 3.78 5.68 4.90 0.03

Asset Allocation

Bar Chart Pie Chart 3D Bar Chart 3D Pie Chart

Sector Allocation

Bar Chart Pie Chart 3D Bar Chart 3D Pie Chart

Holdings

31-Jul-2026

Company Name Sector Market Value No. Of Shares Hold     Rs Cr.   % HDFC Bank Banks 17.85 238550 4.56 Kotak Mah. Bank Banks 16.39 420000 4.19 ICICI Bank Banks 15.67 109200 4.00 Reliance Industr Refineries 14.12 108000 3.61 Eternal E-Commerce/App based Aggregator 12.98 429225 3.32 Vodafone Idea Telecom-Service 11.90 9148800 3.04 Tata Steel Steel 10.43 550000 2.67 Bharti Airtel Telecom-Service 9.46 47975 2.42 Eicher Motors Automobile 9.09 11600 2.32 Adani Ports Marine Port & Services 7.82 46075 2.00 Axis Bank Banks 7.68 62500 1.96 Yes Bank Banks 7.22 3172200 1.85 Adani Enterp. Trading 6.79 22557 1.73 B H E L Capital Goods - Electrical Equipment 6.41 157500 1.64 Indus Towers Telecom Equipment & Infra Services 5.98 153000 1.53 SBI Banks 5.86 57000 1.50 M & M Automobile 5.85 17200 1.49 NMDC Mining & Mineral products 5.40 634500 1.38 JSW Steel Steel 4.89 38475 1.25 Adani Energy Sol Power Generation & Distribution 4.78 29025 1.22 Varun Beverages FMCG 4.29 96900 1.09 Bank of Baroda Banks 3.97 163800 1.02 Larsen & Toubro Infrastructure Developers & Operators 3.93 9975 1.00 NBCC Miscellaneous 3.82 403000 0.98 S A I L Steel 3.73 220900 0.95 IDFC First Bank Banks 3.69 435925 0.94 Punjab Natl.Bank Banks 3.34 296000 0.85 LIC Housing Fin. Finance 3.19 61000 0.82 Asian Paints Paints/Varnish 3.09 11250 0.79 Max Financial Finance 3.06 20400 0.78 Canara Bank Banks 3.04 243000 0.78 Jio Financial Finance 3.01 117500 0.77 Bandhan Bank Banks 2.95 169200 0.75 Maruti Suzuki Automobile 2.78 1950 0.71 Hind. Unilever FMCG 2.71 12900 0.69 Grasim Inds Textiles 2.48 8000 0.63 Indian Hotels Co Hotels & Restaurants 2.44 33000 0.62 Adani Power Power Generation & Distribution 2.33 110050 0.59 Hitachi Energy Capital Goods - Electrical Equipment 2.25 700 0.58 Manappuram Fin. Finance 2.23 60000 0.57 Ashok Leyland Automobile 2.16 130000 0.55 Laurus Labs Pharmaceuticals 2.01 11050 0.51 Shriram Finance Finance 1.99 18975 0.51 Bajaj Finance Finance 1.97 17250 0.50 Info Edg.(India) E-Commerce/App based Aggregator 1.96 15950 0.50 ITC Tobacco Products 1.94 69000 0.50 Biocon Pharmaceuticals 1.92 45000 0.49 Hindalco Inds. Non Ferrous Metals 1.91 19600 0.49 United Spirits Alcoholic Beverages 1.88 12400 0.48 Adani Green Power Generation & Distribution 1.83 13200 0.47 RBL Bank Banks 1.79 47625 0.46 Godrej Propert. Realty 1.71 8125 0.44 DLF Realty 1.69 25650 0.43 HDFC Life Insur. Insurance 1.69 30800 0.43 AU Small Finance Banks 1.57 15000 0.40 Cipla Pharmaceuticals 1.57 10625 0.40 Ambuja Cements Cement 1.56 36000 0.40 Coal India Mining & Mineral products 1.51 36450 0.39 FSN E-Commerce E-Commerce/App based Aggregator 1.46 43750 0.37 Crompton Gr. Con Consumer Durables 1.45 55900 0.37 Glenmark Pharma. Pharmaceuticals 1.34 6000 0.34 Titan Company Diamond, Gems and Jewellery 1.28 2625 0.33 Indian Energy Ex Financial Services 1.27 95700 0.32 Divi's Lab. Pharmaceuticals 1.21 1500 0.31 TVS Motor Co. Automobile 1.21 2800 0.31 Tata Motors PVeh Automobile 1.14 33600 0.29 Muthoot Finance Finance 1.12 3575 0.28 CG Power & Ind Capital Goods - Electrical Equipment 1.10 12750 0.28 Mankind Pharma Pharmaceuticals 1.05 4250 0.27 Patanjali Foods FMCG 1.03 29025 0.26 ICICI Pru Life Insurance 1.00 19425 0.26 UPL Agro Chemicals 0.98 16260 0.25 UltraTech Cem. Cement 0.95 800 0.24 Hero Motocorp Automobile 0.89 1650 0.23 Hind.Aeronautics Aerospace & Defence 0.77 1650 0.20 Sun Pharma.Inds. Pharmaceuticals 0.77 3850 0.20 GMR Airports Miscellaneous 0.73 69750 0.19 Tata Power Co. Power Generation & Distribution 0.61 15950 0.16 Interglobe Aviat Air Transport Service 0.54 1050 0.14 APL Apollo Tubes Capital Goods-Non Electrical Equipment 0.51 2800 0.13 Hindustan Zinc Non Ferrous Metals 0.46 8575 0.12 Federal Bank Banks 0.45 12500 0.11 Torrent Pharma. Pharmaceuticals 0.45 875 0.11 Bajaj Finserv Finance 0.43 2100 0.11 NTPC Power Generation & Distribution 0.42 12000 0.11 Uno Minda Auto Ancillaries 0.32 2750 0.08 Dabur India FMCG 0.32 7500 0.08 H P C L Refineries 0.32 8100 0.08 Aurobindo Pharma Pharmaceuticals 0.26 1650 0.07 Vishal Mega Mart Retail 0.26 24250 0.07 Tata Consumer FMCG 0.24 2200 0.06 Union Bank (I) Banks 0.23 13275 0.06 Prestige Estates Realty 0.22 1350 0.06 PNB Housing Finance 0.21 1950 0.05 B P C L Refineries 0.19 5925 0.05 Rail Vikas Infrastructure Developers & Operators 0.17 7700 0.04 HDFC AMC Finance 0.16 600 0.04 JSW Energy Power Generation & Distribution 0.12 2150 0.03 Cholaman.Inv.&Fn Finance 0.12 625 0.03 Apollo Hospitals Healthcare 0.11 125 0.03 Tube Investments Capital Goods-Non Electrical Equipment 0.11 400 0.03 Inox Wind Capital Goods - Electrical Equipment 0.10 12800 0.03 Bank of India Banks 0.07 5200 0.02 GAIL (India) Gas Distribution 0.06 3550 0.02 Suzlon Energy Capital Goods - Electrical Equipment 0.06 12700 0.02 TBILL-364D T Bills 14.80 1500000 3.78 TBILL-182D T Bills 14.77 1500000 3.77 C C I Debt Others 30.00 30012 7.67 Net CA & Others Debt Others -1.24 0 -0.32 JM Fin. MF Mutual Fund Units 23.33 3034000 5.96

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 [%]* 0.7530 0.1372 3.1824 0.0792 -0.7013