Mutual Funds
AMC
Parag Parikh Arbitrage Fund - Direct (G)

Parag Parikh Arbitrage Fund - Direct (G)

Arbitrage Fund

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NAV
11.41(0.01%)
Fund Size (CR)
₹1,850.39
Expense Ratio
0.3
Scheme Type
Active Fund
Value Research

Min. investment
₹1,000
Minimum Additional Investment
₹1,000
Minimum SIP Investment
₹1,000
Minimum Withdrawal
₹1,000
Exit Load
1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment
0.25%
Return Since Launch
7.29%

Absolute Return: 1.40%

Annualized Return: 0%

Basic Details

Scheme Manager

Rajeev Thakkar

Bench Mark

Nifty 50 Arbitrage TRI

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	8 September 2025	10007.46	0.07%	-	0.06%	47/166
1 Month	14 August 2025	10036.25	0.36%	-	0.32%	48/164
3 Month	13 June 2025	10135.69	1.36%	-	1.28%	63/164
6 Month	13 March 2025	10313.47	3.13%	-	3.09%	74/160
1 Year	13 September 2024	10676.13	6.76%	6.76%	6.63%	61/150
3 Year	-	-	0%	-	7.11%	-/-
5 Year	-	-	0%	-	5.71%	-/-
Since Inception	2 November 2023	11406.70	14.07%	7.29%	5.72%	2/166

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	1 October 2024	1,20,000	123796.36	3.16%	3.16%
3 Year	-	-	-	-	-
5 Year	-	-	-	-	-
10 Year	-	-	-	-	-

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

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Investment type
Scheme based

SIP
Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

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Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

0.11%

Standard Deviation

0.72%

Beta

4.09%

Sharpe Ratio

-21.14%

Treynor's Ratio

0.33%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
Reliance Industr	3.74%	509500	69.15	Equity	Refineries
HDFC Bank	3.65%	710600	67.62	Equity	Banks
Axis Bank	3.24%	573125	59.90	Equity	Banks
ICICI Bank	3.02%	400400	55.97	Equity	Banks
SBI	2.74%	630750	50.62	Equity	Banks
IDFC First Bank	2.48%	6742925	45.85	Equity	Banks
M & M	2.22%	128400	41.08	Equity	Automobile
Bharti Airtel	2.17%	212325	40.10	Equity	Telecomm-Service
NMDC	2.10%	5643000	38.82	Equity	Mining & Mineral products
Hind.Aeronautics	1.89%	80550	34.90	Equity	Aerospace & Defence

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Parag Parikh Arbitrage Fund - Direct (G)	1850.39	0.36%	1.36%	3.13%	6.76%	-
Tata Arbitrage Fund - Direct (IDCW-M)	18596.32	0.35%	1.46%	3.52%	7.36%	7.86%
Tata Arbitrage Fund - Direct (IDCW-M) RI	18596.32	0.35%	1.46%	3.52%	7.36%	7.86%
Tata Arbitrage Fund - Direct (G)	18596.32	0.35%	1.46%	3.52%	7.36%	7.78%
Aditya Birla SL Arbitrage Fund - Dir (G)	23581.20	0.35%	1.41%	3.50%	7.32%	7.69%
Aditya Birla SL Arbitrage Fund - Dir (IDCW)	23581.20	0.35%	1.41%	3.50%	7.32%	7.69%

List of Schemes under PPFAS Mutual Fund

Fund Name	Category	Risk	1Y Returns	Ratings	Fund Size (Cr)
Parag Parikh Arbitrage Fund	Hybrid	Low	7.14%	0	₹1,645.00
Parag Parikh Dynamic Asset Allocation Fund	Hybrid	Moderate	6.04%	0	₹2,238.35
Parag Parikh Conservative Hybrid Fund	Hybrid	Moderately High	7.56%	5	₹2,817.91
Parag Parikh Liquid Fund	Debt	Moderately Low	6.79%	1	₹3,947.06
Parag Parikh ELSS Tax Saver Fund	Equity	Very High	4.92%	5	₹5,557.37
Parag Parikh Flexi Cap Fund	Equity	Very High	7.02%	5	₹1,10,392.32

News

PPFAS Mutual Fund announces change in fund manager under its schemes

PPFAS Mutual Fund has announced change in fund manager under the following schemes, With effect from 01 September 2025.

Change in Fund Manager:

Scheme Name	Existing Fund Managers	Fund Managers
Parag Parikh Flexi Cap Fund	Mr. Rajeev Thakkar and Mr. Rukun Tarachandani, Mr. Raunak Onkar (Overseas Equity Segment), and Mr. Raj Mehta & Ms. Mansi Kariya (Debt Segment)	Mr. Rajeev Thakkar and Mr. Rukun Tarachandani, Mr. Raunak Onkar (Overseas Equity Segment), and Mr. Raj Mehta Mr. Tejas Soman, Ms. Mansi Kariya & Ms. Aishwarya Dhar (Debt Segment)
Parag Parikh ELSS Tax Saver Fund	Mr. Rajeev Thakkar and Mr. Rukun Tarachandani (Equity Segment), Mr. Raunak Onkar, and Mr. Raj Mehta & Ms. Mansi Kariya (Debt Segment)	Mr. Rajeev Thakkar and Mr. Rukun Tarachandani, Mr. Raunak Onkar, and Mr. Raj Mehta Mr. Tejas Soman & Ms. Aishwarya Dhar
Parag Parikh Conservative Hybrid Fund	Mr. Rajeev Thakkar and Mr. Rukun Tarachandani (Equity Segment), Mr. Raunak Onkar, and Mr. Raj Mehta & Ms. Mansi Kariya (Debt Segment)	Mr. Rajeev Thakkar and Mr. Rukun Tarachandani, Mr. Raunak Onkar, and Mr. Raj Mehta (Equity Segment) and Mr. Tejas Soman, & Ms. Mansi Kariya (Debt Segment)
Parag Parikh Dynamic Asset Allocation Fund	Mr. Rajeev Thakkar and Mr. Rukun Tarachandani (Equity Segment), Mr. Raunak Onkar, and Mr. Raj Mehta & Ms. Mansi Kariya (Debt Segment)	Mr. Rajeev Thakkar and Mr. Rukun Tarachandani, Mr. Raunak Onkar, and Mr. Raj Mehta (Equity Segment) and Mr. Tejas Soman, & Ms. Mansi Kariya(Debt Segment)
Parag Parikh Arbitrage Fund	Mr. Rajeev Thakkar and Mr. Rukun Tarachandani (Equity Segment), Mr. Raunak Onkar, and Mr. Raj Mehta & Ms. Mansi Kariya (Debt Segment)	Mr. Rajeev Thakkar and Mr. Rukun Tarachandani, Mr. Raunak Onkar, and Mr. Raj Mehta (Equity Segment) Mr. Tejas Soman & Ms. Aishwarya Dhar (Debt Segment)
Parag Parikh Liquid Fund	Mr. Raj Mehta and Ms. Mansi Kariya	Mr. Tejas Soman, Ms. Mansi Kariya & Ms. Aishwarya Dhar

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Fund House Details & Investment Objective

Date of Incorporation

23 October 2023

Total AUM (Cr)

₹1850.39

Parag Parikh Arbitrage Fund - Direct (G) is an Arbitrage Fund-oriented fund from the renowned AMC, PPFAS Mutual Fund. Launched in 23 October 2023, this fund is managed by Rajeev Thakkar. With assets under management (AUM) worth ₹1,850.39 (Cr), as of 15 September 2025, Parag Parikh Arbitrage Fund - Direct (G) is categorized as a Arbitrage Fund within its segment. The fund has generated a return of 7.29% since its launch.
The current NAV of Parag Parikh Arbitrage Fund - Direct (G) is ₹11.41, as on 15 September 2025. The fund's benchmark index is Nifty 50 Arbitrage TRI. You can invest in Parag Parikh Arbitrage Fund - Direct (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹1,000 while the minimum lumpsum investment is ₹1,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
In respect each purchase / switch-in of units, an Exit Laod of 0.25% is payable if Units are redeemed/ switched-out within 30 days from the date of allotment. No Exit Load is payable if Units are redeemed / switched-out after 30 days from the date of allotment. The fund has generated undefined% and undefined% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 66.60% in Equity, 22.84% in Debt and 10.58% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 26.16% in Banks, 22.94% in Debt, 9.98% in Others, 4.22% in Automobiles, 3.85% in Aerospace & Defense