September 24, 2026
mayank
JioBlackRock Arbitrage Fund
| Fund at a Glance | |
| NAV Growth (Rs.) | 10.45 |
| NAV IDCW (Rs.) | — |
| Bonu NAV (Rs.) | — |
| Min. Investment (Rs.) | 500 |
| Min. SIP Investment (Rs.) | 500 |
| Min. No of Cheques | 6 |
| Benchmark | NIFTY 50 Arbitrage TRI |
| AUM Rs. | 563 Cr |
| (As on 31-Jul-2026) | |
| Expense | 0.28% |
| 1 Year Return (%) | — |
| 3 Year Return (%) | — |
| 5 Year Return (%) | — |
| 10 Year Return (%) | — |
| Return Since Launch | 4.55% |
Suitable For Which Investors?
Arbitrage funds are suitable for:
1. Parking emergency corpus or idle money for investors in the highest tax bracket
2. Earning slightly higher returns than savings bank account, with low-to-moderate volatility
3. Investment horizon of 3 months to 1 year
Note:
• There is no guarantee of returns
• Not suitable for long-term wealth creation
Fund’s Investment Strategy:
The scheme seeks 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.
Fund Manager:
1) Manish Kalani
Education: BMS and MMS (Finance)
Experience: Prior to joining the JioBlackRock AMC, he was associated with Invesco MF and Kotak Securities Ltd.
2) Anand Shah
Education: PGDBA from K.C. College of Management Studies, Bachelor in Commerce from Mumbai University
Experience: Prior to joining the JioBlackRock AMC, he was associated with Jio Financial Services, Aditya Birla Sun Life Insurance Company, BOI AXA Investment Managers Pvt Ltd, Zyfin Capital Advisors Pvt Ltd, Daiwa Asset Management (India) Pvt Ltd.
3) Haresh Mehta
Education: Mr. Mehta has done MBA and CFA
Experience: Prior to joining Jio BlackRock AMC, he was associated with Bajaj Finserv AMC, Aditya Birla Sun Life AMC Ltd, Baroda BNP Paribas Asset Management India Pvt. Ltd and First Global Stockbroking Pvt. Ltd
4) Arun Ramachandran
Education: Financial Risk Management , Post Graduate Diploma in Business Administration.
Experience: Prior to joining the JioBlackRock MF, he was associated with SBI MF.
5) Siddharth Deb
Education: Mr. Deb is a B.Sc and MMS (Finance).
Experience: Prior to joining JioBlackRock Mutual Fund he has worked with Nippon India MF, Benchmark Asset Management Co. Pvt. Ltd. and Fullerton India Credit Company Ltd.
Investment Details
| Min. Investment (Rs) | 500 |
| Min. Addl Investment (Rs) | 500 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0.25% for redemption within 15 days |
Basic Details of JioBlackRock Arbitrage Fund
| Fund House | JioBlackRock Mutual Fund |
| Launch Date | 16-Dec-25 |
| Return Since Launch | 4.55% |
| Benchmark | NIFTY 50 Arbitrage TRI |
| Riskometer | Low |
| Type | Open-ended |
| Assets | 563 Cr |
| (As on 31-Jul-2026) | |
| Base Expense Ratio | 0.28% |
| (As on 31-Jul-2026) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 78449.00% |
JioBlackRock Arbitrage Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| JioBlackRock Arbitrage Dir | 4.22 | -0.28 | 0.35 | 1.57 | 3.06 | — | — | — | — | — |
| Hybrid: Arbitrage | 4.01 | -0.26 | 0.35 | 1.54 | 2.92 | — | — | — | — | — |
| Rank within category | 5 | 29 | 23 | 19 | 8 | — | — | — | — | — |
| Number of funds in category | 36 | 40 | 39 | 39 | 36 | 32 | 25 | 24 | 21 | 15 |
Peer Comparison of JioBlackRock Arbitrage Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| JioBlackRock Arbitrage Dir | Unrated | — | — | — | 0.28 | 563 | 4.55 | 0.25 (15) | 8M | 78449.00 |
| Kotak Arbitrage Dir | 4 out of 5 stars | 6.37 | 7.43 | 6.83 | 0.33 | 74,399 | 7.05 | 0.25 (30) | 13Y 7M | 497.37 |
| Invesco India Arbitrage Dir | 5 out of 5 stars | 6.47 | 7.43 | 6.95 | 0.34 | 29,629 | 6.93 | 0.50 (15) | 13Y 7M | 1664.00 |
| ABSL Arbitrage Dir | 4 out of 5 stars | 6.39 | 7.38 | 6.69 | 0.27 | 26,939 | 6.96 | — | 13Y 7M | 1044.00 |
| Tata Arbitrage Dir | 5 out of 5 stars | 6.44 | 7.44 | 6.75 | 0.26 | 24,725 | 6.52 | 0.25 (15) | 7Y 8M | 284.41 |
JioBlackRock Arbitrage Fund Portfolio Analysis
| No. of Stocks | 88 |
| Top 10 Holdings | 51.56% |
| Top 5 Stocks | 34.62% |
| Top 3 Sectors | –% |
| Portfolio P/B Ratio | 2.02 |
| Portfolio P/E Ratio | 11.93 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,43,357 | 2,48,586 |
| Large (%) | 82.07 | 76.93 |
| Mid (%) | 14.43 | 18.15 |
| Small (%) | 3.50 | 5.34 |
| Fund | Category | |
| Number of Securities | 202 | 237 |
| Macaulay Duration (yrs) | 0.31 | 0.33 |
| Average Maturity (yrs) | 0.31 | 0.33 |
| Yield to Maturity (%) | 6.74 | 6.12 |
| Avg Credit Rating | GOI/Cash | — |
Note: Mutual fund investments are subject to market risks, read all scheme-related documents carefully.
Apply Online: https://www.jioblackrockamc.com/onboarding
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