Parag Parikh Arbitrage Fund Direct Growth
NAV as on 29-04-2025
₹ 11.17
1D
Inception Returns
7.5%
/yr
Historical NAV & Returns
About Parag Parikh Arbitrage Fund Direct Growth
Parag Parikh Arbitrage Fund Direct Growth is a hybrid fund. This fund was started on 23 October, 2023. The fund is managed by Raunak Onkar, Raj Mehta, Rajeev Thakkar. This fund gives you the benefit of diversification.
Key Parameters
- Parag Parikh Arbitrage Fund Direct Growth has ₹1304 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
Parag Parikh Arbitrage Fund Direct Growth has given a CAGR return of 7.50% since inception. Over the last 1 year the fund has given a CAGR return of 7.55%.
Holdings
Parag Parikh Arbitrage Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Corporate, Consumer Cyclical, Basic Materials, Industrial, Energy, Tech, Utilities, Government, Health, Communication, Real Estate, Consumer Defensive.
Taxation
As it is a arbitrage fund mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitLong term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of Parag Parikh Arbitrage Fund Direct Growth
The investment objective of the scheme is 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. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 1000.00. Parag Parikh Arbitrage Fund Direct Growth has no lock in period.
Parag Parikh Arbitrage Fund Direct Growth Overview
| Expense ratio | 0.3% |
Benchmark | NIFTY 50 Arbitrage TR INR |
| AUM | ₹1304 Cr |
| Inception Date | 23 October, 2023 |
| Min Lumpsum/SIP | ₹1000/₹1000 |
Exit Load | 0.2% |
| Lock In | No Lock-in |
TurnOver | 134.9% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Low Risk |
Trailing Returns
as on (29-Apr-25)
Fund Distribution
as on (31-Mar-25)
- AUM of the fund stands at 1.3K Cr as of Mar'25
- AUM increased by 18.9 Cr between Mar'25 and Feb'25
Top 3 Sectors in March were Financial Services, Corporate & Consumer Cyclical
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Reliance Industries Ltd | 5.43% | -1.1% | |
 HDFC Bank Ltd | 4.45% | 0% | |
 Axis Bank Ltd | 3.18% | -0.2% | |
 Tata Steel Ltd | 2.37% | 30% | |
 Bank of Baroda | 2.28% | -0.2% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Parag Parikh Arbitrage Fund Direct Growth | 7.55% | - | - | 7.5% |
 Kotak Equity Arbitrage Fund Direct Growth | 8.02% | 7.56% | 6.29% | 7.1% |
 Invesco India Arbitrage Fund Direct Plan Growth Option | 7.98% | 7.66% | 6.33% | 6.99% |
 ICICI Prudential Equity Arbitrage Fund Direct Plan Growth | 7.88% | 7.32% | 6.06% | 7.08% |
Parag Parikh Arbitrage Fund Direct Growth Highlights
Low Risk
About the fund
AUM size ₹1304 Cr
Expense Ratio 0.3%
Frequently Asked Questions for Parag Parikh Arbitrage Fund Direct Growth
Parag Parikh Arbitrage Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.57% | 0.57% |
6 Month Returns | 3.58% | 3.58% |
1 Year Returns | 7.55% | 7.55% |
3 Years Returns | 0% | 0% |
- 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.
AAA | 100 |