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Parag Parikh Arbitrage Fund - Direct (G)

Arbitrage Fund
  • NAV

    11.00(0.04%)
  • Fund Size (CR)

    ₹1,204.44
  • 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 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.

    0.25%
  • Return Since Launch

    7.69%
  • 3M
  • 6M
  • 1Y
  • 3Y
  • All
Absolute Return: 1.68%
Annualized Return: 0% [object Object]

Basic Details

Scheme Manager

Rajeev Thakkar

Bench Mark

Nifty 50 Arbitrage TRI

Type

OPEN

Lumpsum Returns

Period Invested For₹10,000 Invested onLatest ValueAbsolute ReturnsAnnualised ReturnsCategory AvgRank within Category
1 Week 7 February 202510013.200.13%-0.12%31/165
1 Month14 January 202510064.770.65%-0.66%96/165
3 Month14 November 202410170.281.70%-1.69%69/155
6 Month14 August 202410355.233.55%-3.48%68/153
1 Year14 February 202410762.897.63%7.63%7.51%67/153
3 Year--0%-6.52%-/-
5 Year--0%-5.40%-/-
Since Inception2 November 202311001.5010.02%7.69%5.56%1/165

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For₹10,000 Invested onInvestmentsLatest ValueAbsolute ReturnsAnnualised Returns
1 Year1 March 20241,20,000124413.743.68% 3.68%
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%.

Mutual Funds Calculator

  • Investment type
  • Scheme based
  • SIP
  • Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

  • Invested Amount

    25,000

  • Estimated Returns

    19,059

76%

Returns

Future value of your investment

44,059

Risk Ratios

0.07%

Standard Deviation

0.66%

Beta

4.00%

Sharpe Ratio

-0.71%

Treynor's Ratio

0.31%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in% of Total HoldingsQuantityValue (Cr)Asset TypeSegment
Reliance Industr5.89%56100070.97EquityRefineries
Axis Bank3.09%37750037.23EquityBanks
IndusInd Bank2.65%32250031.97EquityBanks
Punjab Natl.Bank2.35%279200028.25EquityBanks
Bank of Baroda2.31%130455027.84EquityBanks
Tata Power Co.2.17%71550026.08EquityPower Generation & Distribution
Bajaj Finance2.16%3300026.02EquityFinance
St Bk of India2.08%32400025.04EquityBanks
Bharat Electron2.04%84075024.60EquityAerospace & Defence
M & M2.03%8190024.49EquityAutomobile

Peer Comparison

Scheme NameValue ResearchAsset Size (Cr)1M3M6M1Y3Y
Parag Parikh Arbitrage Fund - Direct (G)
1204.440.65%1.70%3.55%7.63%-
Kotak Equity Arbitrage Fund - Direct (G)
57567.020.72%1.86%3.80%8.23%7.29%
Kotak Equity Arbitrage Fund - Direct (IDCW-M)
57567.020.72%1.86%3.79%8.22%7.06%
Invesco India Arbitrage Fund - Direct (G)
18673.680.72%1.85%3.79%8.16%7.47%
Invesco India Arbitrage Fund - Direct (IDCW)
18673.680.72%1.85%3.79%8.16%7.47%
Invesco India Arbitrage Fund - Dir (Annual-B)
18673.680.72%1.86%3.79%8.16%7.46%

News

There are no new Updates!

Fund House Details & Investment Objective

Date of Incorporation

23 October 2023

Total AUM (Cr)

₹1204.44

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 ₹1,204.44 (Cr), as of 14 February 2025, Parag Parikh Arbitrage Fund - Direct (G) is categorized as a Arbitrage Fund within its segment. The fund has generated a return of 7.69% since its launch.
The current NAV of Parag Parikh Arbitrage Fund - Direct (G) is ₹11, as on 14 February 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 68.67% in Equity, 21.27% in Debt and 10.06% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 16.99% in Banks, 16.04% in Debt, 12.15% in Others, 6.04% in Petroleum Products, 4.14% in Aerospace & Defense

FAQs

How to Invest in Parag Parikh Arbitrage Fund - Direct (G) Direct Growth?

Parag Parikh Arbitrage Fund - Direct (G) is a popular fund in the Arbitrage Fund segment. The fund has generated a return of 7.69% since inception. Looking to invest in Parag Parikh Arbitrage Fund - Direct (G) How about earning 1% extra return? All this is possible with m.Stock! Investing in Parag Parikh Arbitrage Fund - Direct (G) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, Parag Parikh Arbitrage Fund - Direct (G)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Parag Parikh Arbitrage Fund - Direct (G) today and reap the benefits of this Arbitrage Fund fund!

How much returns has Parag Parikh Arbitrage Fund - Direct (G) Direct Growth generated?

In the short term, i.e., 1 year, Parag Parikh Arbitrage Fund - Direct (G) has generated annualised return of 7.63%. In the long-term, the fund has generated undefined% and - in 3 and 5 years respectively. Since its inception, the fund has generated 7.69% returns.

What is the expense ratio of Parag Parikh Arbitrage Fund - Direct (G) Direct Growth?

The expense ratio of Parag Parikh Arbitrage Fund - Direct (G) Direct Growth is 0.30%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of Parag Parikh Arbitrage Fund - Direct (G) Fund Direct Growth?

The Assets Under Management (AUM) of Parag Parikh Arbitrage Fund - Direct (G) is ₹1,204.44 (Cr) as of 2025-02-14 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from Parag Parikh Arbitrage Fund - Direct (G) Direct Growth?

Redeeming or selling units of Parag Parikh Arbitrage Fund - Direct (G) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.


To redeem from Parag Parikh Arbitrage Fund - Direct (G):
  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case Parag Parikh Arbitrage Fund - Direct (G)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).