JM Arbitrage Advantage Growth Fund

JM Arbitrage Advantage Growth Fund is an open ended hybrid scheme. The primary investment objective of the scheme is to generate income through arbitrage opportunities emerging out of mispricing between the cash market and the derivatives market and through deployment of surplus cash in fixed income instruments. The scheme had its highest NAV of INR 16.43 on 26th April, 2013 and lowest on 30th April, 2012 at INR 15.07. The scheme is managed by Chaitanya Choksi.  

AUM :

INR 18.87 crores (31/03/13)

NAV :

INR 16.4317 (26/04/13)

Top Holdings :

Yes Bank                          14.50
Punjab National Bank    9.09
United Spirits                   9.01
Grasim Industries          8.16
Future Retail                    7.26