PGIM India Arbitrage Fund Direct Plan Growth
PGIM India Arbitrage Fund Direct Plan Growth

PGIM India Arbitrage Fund Direct Plan Growth

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Hybrid
Direct
Arbitrage Fund

NAV: ₹ 16.5 as on 08-02-2023

Fund Performance
zero opening, trading, fund transfer fee
1 people have invested ₹ 6.5L in mutual fund in the last three months

Fund Insights

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In the last 1 year, Invesco India Arbitrage Fund Direct Plan Growth Option has given 6.06% return, outperforming this fund by 1.23%

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In the last 3 years, Tata Arbitrage Fund Direct Growth has given 5.07% return, outperforming this fund by 0.65% per annum

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In the last 5 years, Edelweiss Arbitrage Fund Direct Growth has given 5.72% return, outperforming this fund by 0.55% per annum

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This fund has one of the lowest expense ratio in the category (arbitrage fund). Its expense ratio is 0.33% which is lower than the category average expense ratio of 0.71%

Fund Performance as on (01-Jan-70)

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
0.6%
1.8%
3.1%
4.8%
4.4%
5.2%
Benchmark
0.6%
1.8%
2.9%
4.4%
3.9%
4.5%
About the Fund

PGIM India Arbitrage Fund Direct Plan Growth is a hybrid fund. This fund was started on  27 August, 2014. The fund is managed by Puneet Pal, Utkarsh Katkoria, Hitash Dang. This fund gives you the benefit of diversification.

Key parameters

1) PGIM India Arbitrage Fund Direct Plan Growth has a NAV of 16.4708 as on 08-02-2023.

2) PGIM India Arbitrage Fund Direct Plan Growth has 160 Cr worth of assets under management (AUM) as on 31-12-2022 and is less than category average.

3) The fund has an expense ratio 0.33 %.

Fund Overview

Expense ratio
Expense ratio
0.33%
Benchmark
Benchmark
NIFTY 50 Arbitrage TR INR
AUM
AUM
₹160 Cr
Inception Date
Inception Date
27 August, 2014
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
227.33%

Fund Distribution as on (31-Dec-22)

  • Debt & Cash 100%
Credit rating breakup
AAA
100%

Sector Allocation

Dec'22

Nov'22

Oct'22

Cash Equivalent

92.8%

Government

5.4%

Corporate

1.7%

Top Holdings as on (31-Dec-69)

  • Equity
  • Debt & Cash
Equity Holdings101
Debt Holdings5
Holdings
Weight%
Holdings Trend
1M Change
Future on Adani Ports & Special Economic Zone Ltd
Future on Adani Ports & Special Economic Zone Ltd
5.76%
0%
Adani Ports & Special Economic Zone Ltd
Adani Ports & Special Economic Zone Ltd
5.72%
0%
Kotak Mahindra Bank Ltd
Kotak Mahindra Bank Ltd
3.79%
100%
Future on Canara Bank
Future on Canara Bank
3.51%
-4.6%
Canara Bank
Canara Bank
3.49%
-4.6%

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 6.2 Cr in last 1M
Dec'69 return outperformed benchmark

Change in AUM

Dec'22
₹ 160 Cr
Nov'22
₹ 166.1 Cr
Oct'22
₹ 126 Cr

Fund Returns vs Benchmark

Jan'23
-0.02%
-0.05%
Dec'22
0.47%
0.42%
Nov'22
0.45%
0.45%
Fund Return
Benchmark Return

Fund Manager

Puneet Pal

Puneet Pal

Fund Manager of PGIM India Arbitrage Fund Direct Plan Growth, since 22 April 2022
Utkarsh Katkoria

Utkarsh Katkoria

Fund Manager of PGIM India Arbitrage Fund Direct Plan Growth, since 8 March 2016
Hitash Dang

Hitash Dang

Fund Manager of PGIM India Arbitrage Fund Direct Plan Growth, since 22 May 2017

AMC details

Fund House
PGIM India Asset Management Private Limited
Total Schemes
Total AUM
₹21.78K Cr
as on 31-Dec-2022
Address
PGIM India Asset Management Private Limited,Nirlon House, 2nd Floor,,Dr. Annie Besant Road,,Worli,
Phone
+912271584300
Email

Fund 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 an average annual returns of 6.08% since inception which is more than its category average return of 5%
AUM size ₹160 Cr

AUM size ₹160 Cr

This fund has AUM of ₹160 Cr which is less than its category average of ₹ 3066 Cr
Expense Ratio 0.33%

Expense Ratio 0.33%

This fund has an expense ratio of 0.33% which is less than its category average expense ratio of 0.73%

Frequently Asked Questions

The current NAV of PGIM India Arbitrage Fund Direct Plan Growth is 16.46 as on 07-Feb-2023.
Existing (Absolute + CAGR)
PGIM India Arbitrage Fund Direct Plan Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.56%
0.56%
6 Month Returns
3.01%
3.01%
1 Year Returns
4.71%
4.71%
3 Years Returns
13.79%
4.4%
5 Years Returns
28.55%
5.15%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.33 as on January 2023
160 Cr as on January 2023
Adani Ports & Special Economic Zone Ltd(5.72%),Kotak Mahindra Bank Ltd(3.79%),Canara Bank(3.49%),Indiabulls Housing Finance Ltd(2.86%),Delta Corp Ltd(2.57%) as on January 2023
Cash Equivalent(93.21%),Government(5.47%),Corporate(1.71%) as on January 2023
AAA
100
Puneet Pal,Utkarsh Katkoria,Hitash Dang are the fund managers of PGIM India Arbitrage Fund Direct Plan Growth
The Exit load of PGIM India Arbitrage Fund Direct Plan Growth is 0%

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.