Parag Parikh Arbitrage Fund Direct Growth

Parag Parikh Arbitrage Fund Direct Growth

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Hybrid
Direct
Arbitrage Fund
NAV: ₹ 10.43 as on 22-05-2024

About the Fund

Parag Parikh Arbitrage Fund Direct Growth is a hybrid fund. This fund was started on 23 October, 2023. The fund is managed by . This fund gives you the benefit of diversification.

Key Parameters

  1. Parag Parikh Arbitrage Fund Direct Growth has ₹434 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
  2. The fund has an expense ratio 0.3.
Fund Performance
zero opening, trading, fund transfer fee
263 people have invested ₹ 5.2Cr in Parag Parikh Arbitrage Fund Direct Growth in the last three months

Overview

Expense ratio
Expense ratio
0.31%
Benchmark
Benchmark
NIFTY 50 Arbitrage TR INR
AUM
AUM
₹434 Cr
Inception Date
Inception Date
23 October, 2023
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/₹1000
Exit Load
Exit Load
0.25%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
0%

Parag Parikh Arbitrage Fund Direct Growth Distribution as on (30-Apr-24)

  • Debt & Cash 100%

Credit rating breakup

AAA
100%
Sector Allocation

Apr'24

Mar'24

Feb'24

Cash Equivalent
86.3%
Corporate
11.2%
Government
2.5%

Top Holdings of Parag Parikh Arbitrage Fund Direct Growth as on (30-Apr-24)

  • Equity

  • Debt & Cash

Equity Holdings88
Debt Holdings6

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 434 Cr
₹ 434 Cr
₹ 370.8 Cr
  • AUM of the fund stands at 434 Cr as of Apr'24
  • AUM has remained same between Apr'24 and Mar'24
Fund Portfolio Changes

Parag Parikh Arbitrage Fund Direct Growth Highlights

Risk meter
pointer

Low Risk

Investors understand that their principal will be at Low Risk
About the fund

About the fund

This fund has delivered returns of 4.28% since inception (23nd Oct 2023)
AUM size ₹434 Cr

AUM size ₹434 Cr

This fund has AUM of ₹434 Cr which is less than its category average of ₹ 6327 Cr
Expense Ratio 0.31%

Expense Ratio 0.31%

This fund has an expense ratio of 0.31% which is less than its category average expense ratio of 0.71%

Frequently Asked Questions

The current NAV of Parag Parikh Arbitrage Fund Direct Growth is ₹10.43 as on 22-May-2024.
Existing (Absolute + CAGR) as on 22-May-2024.
Parag Parikh Arbitrage Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.42%
0.42%
6 Month Returns
3.87%
3.87%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.31% as on April 2024
₹434 Cr as on April 2024
Parag Parikh Liquid Dir Gr(11.3%), HDFC Bank Ltd(6.46%), NTPC Ltd(3.42%), Oil & Natural Gas Corp Ltd(2.94%), Reliance Industries Ltd(2.9%) as on April 2024
Cash Equivalent(87.58%), Corporate(9.66%), Government(3.34%) as on April 2024
AAA
100
The Exit load of Parag Parikh Arbitrage Fund Direct Growth is 0.25%