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pgim india arbitrage fund direct plan growth
PGIM India Arbitrage Fund Direct Plan Growth

PGIM India Arbitrage Fund Direct Plan Growth

  • Low Risk
  • Alternative
  • Arbitrage Fund
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NAV as on Aug 12, 2025
i
Price per unit of the scheme.
₹ 19.7482-0.04%1 Day Change
0.39%
Minimum Investment₹5000
Expense Ratio0.33%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.
*Morningstar Rating Methodologyi
i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions
 

bt_logoFUND PERFORMANCE

As On Jan 01, 2023
Compare fund’s performance against category average across different time periods


No Data Found.
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

bt_logoFUND COMPARISON

1M3M6M1Y3Y5Y
This Fund
PGIM India Arbitrage Fund Direct Plan Growth
VS
Alternative: Arbitrage Fund Average NAV
    Topper in Alternative: Arbitrage Fund
    Tata Arbitrage Fund Direct Growth
    All Fund


    No Data Found.
    *For the other fund, rescaled NAVs are used
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    bt_logoRETURN CALCULATOR

    Check the return on your investment in the fund
    PGIM India Arbitrage Fund Direct Plan Growth
    Investment Type
    Monthly Investment
    Time Period (yrs)
    Annual Return in %
    • Invested Amount
      ₹0
    • Return
      ₹0
    • Current Value
      ₹0

    bt_logoFUND SUMMARY

    Benchmark
    NIFTY 50 Arbitrage TR INR
    Expense Ratio
    0.33%
    Category Avg Expense Ratio
    0.38%
    Minimum Investment (Lumpsum/SIP)
    ₹ 5000 /₹ 1000
    Lock In (Years)
    No Lock-in
    Fund Size
    ₹ 124.29 Cr(As on Jun, 2025)
    Inception Date
    Aug 27, 2014
    Turnover
    269.00 %
    Exit Load
    For exits within 30 days from the date of allotment of units: 0.25% For exits beyond 30 days from the date of allotment of units: Nil

    bt_logoABOUT THE FUND

    Objective: To generate income by investing in arbitrage opportunities that potentially exist between the cash and derivatives market as well as within the derivatives segment of the market. Investments may also be made in debt & money market instruments.

    PGIM India Arbitrage Fund Direct Plan Growth is an Alternative - Arbitrage Fund fund. The fund was launched inAug 27, 2014. Its risk level is . The NAV of the fund as onAug 12, 2025 is ₹19.75. Its expense ratio is 0.33 %. The fund has an AUM of ₹124.29 Cr.The fund is managed byPuneet Pal,Utkarsh Katkoria,Hitash Dang,Chetan Chavan.
    The minimum initial investment is  ₹5000 in Lumpsum mode.

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    bt_logoFUND MANAGER

    Utkarsh Katkoria
    Utkarsh Katkoria
    i
    Lead Fund Manager.
    Mar 8, 2016 - Present
    • Schemes managed1
    • Total AUM₹ 124.29 Cr
    • Highest Return In 1 Yr7.13 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    PGIM India Arbitrage Fund Direct Plan Growth
    --
    ₹ 19.75
    0.39%
    0.43%
    Low Risk
    ₹124.29Cr
    PGIM India Arbitrage Fund Direct Plan Growth
    Low Risk--
    • NAV₹ 19.75
    • Fund Size₹124.29Cr
    Fund Return0.39%
    Category Return0.43%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Puneet Pal
    Puneet Pal
    i
    Lead Fund Manager.
    Apr 22, 2022 - Present
    • Schemes managed19
    • Total AUM₹ 22,326.38 Cr
    • Highest Return In 1 Yr9.14 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    PGIM India Overnight Fund Direct Growth
    --
    ₹ 1,344.44
    0.45%
    -%
    Low Risk
    ₹49.69Cr
    PGIM India Credit Risk Fund Segregated Plan 1 Direct Plan Growth
    --
    --
    -%
    -%
    Low to Moderate Risk
    ₹0.00Cr
    PGIM India Balanced Advantage Fund Direct Growth
    --
    ₹ 16.38
    -1.44%
    -1.45%
    Very High Risk
    ₹994.73Cr
    PGIM India Overnight Fund Direct Growth
    Low Risk--
    • NAV₹ 1,344.44
    • Fund Size₹49.69Cr
    Fund Return0.45%
    Category Return--
    PGIM India Credit Risk Fund Segregated Plan 1 Direct Plan Growth
    Low to Moderate Risk--
    • NAV--
    • Fund Size₹0.00Cr
    Fund Return--
    Category Return--
    PGIM India Balanced Advantage Fund Direct Growth
    Very High Risk--
    • NAV₹ 16.38
    • Fund Size₹994.73Cr
    Fund Return-1.44%
    Category Return-1.45%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Hitash Dang
    Hitash Dang
    i
    Lead Fund Manager.
    May 22, 2017 - Present
    • Schemes managed3
    • Total AUM₹ 1,192.14 Cr
    • Highest Return In 1 Yr7.13 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    PGIM India Balanced Advantage Fund Direct Growth
    --
    ₹ 16.38
    -1.44%
    -1.45%
    Very High Risk
    ₹994.73Cr
    PGIM India Arbitrage Fund Direct Plan Growth
    --
    ₹ 19.75
    0.39%
    0.43%
    Low Risk
    ₹124.29Cr
    PGIM India Equity Savings Fund Direct Plan Growth
    ₹ 55.74
    0.03%
    -0.23%
    Low to Moderate Risk
    ₹73.12Cr
    PGIM India Balanced Advantage Fund Direct Growth
    Very High Risk--
    • NAV₹ 16.38
    • Fund Size₹994.73Cr
    Fund Return-1.44%
    Category Return-1.45%
    PGIM India Arbitrage Fund Direct Plan Growth
    Low Risk--
    • NAV₹ 19.75
    • Fund Size₹124.29Cr
    Fund Return0.39%
    Category Return0.43%
    PGIM India Equity Savings Fund Direct Plan Growth
    Low to Moderate Risk
    • NAV₹ 55.74
    • Fund Size₹73.12Cr
    Fund Return0.03%
    Category Return-0.23%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Chetan Chavan
    Chetan Chavan
    i
    Lead Fund Manager.
    Mar 29, 2024 - Present
    • Schemes managed3
    • Total AUM₹ 1,192.14 Cr
    • Highest Return In 1 Yr7.13 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    PGIM India Balanced Advantage Fund Direct Growth
    --
    ₹ 16.38
    -1.44%
    -1.45%
    Very High Risk
    ₹994.73Cr
    PGIM India Arbitrage Fund Direct Plan Growth
    --
    ₹ 19.75
    0.39%
    0.43%
    Low Risk
    ₹124.29Cr
    PGIM India Equity Savings Fund Direct Plan Growth
    ₹ 55.74
    0.03%
    -0.23%
    Low to Moderate Risk
    ₹73.12Cr
    PGIM India Balanced Advantage Fund Direct Growth
    Very High Risk--
    • NAV₹ 16.38
    • Fund Size₹994.73Cr
    Fund Return-1.44%
    Category Return-1.45%
    PGIM India Arbitrage Fund Direct Plan Growth
    Low Risk--
    • NAV₹ 19.75
    • Fund Size₹124.29Cr
    Fund Return0.39%
    Category Return0.43%
    PGIM India Equity Savings Fund Direct Plan Growth
    Low to Moderate Risk
    • NAV₹ 55.74
    • Fund Size₹73.12Cr
    Fund Return0.03%
    Category Return-0.23%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoDETAILED PORTFOLIO

    As on Jun, 2025
    EQUITY (-0.33%)
    DEBT (12.13%)
    CASH (88.08%)
    Allocation by Market Cap
    Other Cap(0.11%)
    Industry Holdings
    • Oil Gas Refining Marketing23.47%
    • Banks Regional20.28%
    • Engineering Construction12.63%
    • Building Materials12.28%
    • Conglomerates6.95%
    • Luxury Goods5.99%
    Stock Holdings
    • Future on HDFC Bank Ltd9.96%
    • HDFC Bank Ltd9.92%
    • Future on Larsen & Toubro Ltd9.25%
    • Larsen & Toubro Ltd9.20%
    • Future on Hindustan Petroleum Corp Ltd8.19%
    • Hindustan Petroleum Corp Ltd8.14%

    bt_logoPERFORMANCE MEASURES

    Fund evaluation across critical parameters for better decision making. Study period is 3 years.
    • Consistency
      i
      It represents the consistency of a fund in beating its benchmark.
      ----
    • Downside Risk
      i
      Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
      ----
    • Risk Adjusted Return
      i
      Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
    • Volatility
      i
      Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
    • Upside Capture Ratio
      i
      Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
      ----
    • Downside Capture Ratio
      i
      Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.
      ----

    bt_logoHISTORICAL RISK MEASURES

    Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.
    • Alpha: Excess return of the fund over benchmark
      i
      Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
      --
      This Fund
      VS
      --
      Category Avg
    • R-Squared: How well the fund tracks benchmark
      i
      R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
      --
      This Fund
      VS
      --
      Category Avg
    • Beta: Risk of the fund in relation to benchmark
      i
      Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
      --
      This Fund
      VS
      --
      Category Avg
    • Sharpe Ratio: Risk adjusted return of the fund
      i
      Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
      1.58
      This Fund
      VS
      0.73
      Category Avg
    • Sortino Ratio: Return per unit of bad risk
      i
      A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
      3.63
      This Fund
      VS
      2.38
      Category Avg
    • Standard Devation: Volatility of the fund
      i
      Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
      0.40
      This Fund
      VS
      0.54
      Category Avg
    Benchmark used in calculation : S&P BSE 500 India TR INR

    bt_logoPEER ANALYSIS

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size
    Tata Arbitrage Fund Direct GrowthTata Arbitrage Fund Direct Growth
    --
    ₹ 15.23
    0.56%
    0.43%
    Low Risk
    ₹ 15,922.05 Cr
    Invesco India Arbitrage Fund Direct Plan Growth OptionInvesco India Arbitrage Fund Direct Plan Growth Option
    --
    ₹ 34.77
    0.53%
    0.43%
    Low Risk
    ₹ 23,899.90 Cr
    ITI Arbitrage Fund Direct GrowthITI Arbitrage Fund Direct Growth
    --
    ₹ 13.64
    0.53%
    0.43%
    Low Risk
    ₹ 46.27 Cr
    HDFC Arbitrage Fund -Direct Plan - Growth OptionHDFC Arbitrage Fund -Direct Plan - Growth Option
    --
    ₹ 32.20
    0.52%
    0.43%
    Low Risk
    ₹ 21,068.10 Cr
    HDFC Arbitrage Fund Wholesale Plan Growth Option Direct PlanHDFC Arbitrage Fund Wholesale Plan Growth Option Direct Plan
    --
    ₹ 20.32
    0.51%
    0.43%
    Low Risk
    ₹ 21,068.10 Cr
    SBI Arbitrage Opportunities Fund Direct GrowthSBI Arbitrage Opportunities Fund Direct Growth
    --
    ₹ 36.22
    0.51%
    0.43%
    Low Risk
    ₹ 37,605.64 Cr
    Tata Arbitrage Fund Direct Growth
    Low Risk--
    • NAV₹ 15.23
    • Fund Size₹ 15,922.05 Cr
    Fund Return0.56%
    Category Return0.43%
    Invesco India Arbitrage Fund Direct Plan Growth Option
    Low Risk--
    • NAV₹ 34.77
    • Fund Size₹ 23,899.90 Cr
    Fund Return0.53%
    Category Return0.43%
    ITI Arbitrage Fund Direct Growth
    Low Risk--
    • NAV₹ 13.64
    • Fund Size₹ 46.27 Cr
    Fund Return0.53%
    Category Return0.43%
    HDFC Arbitrage Fund -Direct Plan - Growth Option
    Low Risk--
    • NAV₹ 32.20
    • Fund Size₹ 21,068.10 Cr
    Fund Return0.52%
    Category Return0.43%
    HDFC Arbitrage Fund Wholesale Plan Growth Option Direct Plan
    Low Risk--
    • NAV₹ 20.32
    • Fund Size₹ 21,068.10 Cr
    Fund Return0.51%
    Category Return0.43%
    SBI Arbitrage Opportunities Fund Direct Growth
    Low Risk--
    • NAV₹ 36.22
    • Fund Size₹ 37,605.64 Cr
    Fund Return0.51%
    Category Return0.43%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoTOP FUNDS FROM THIS AMC

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)
    PGIM India Emerging Markets Equity Fund Direct Plan GrowthPGIM India Emerging Markets Equity Fund Direct Plan Growth
    --
    ₹ 19.46
    4.23%
    --
    Very High Risk
    ₹ 256.78 Cr
    PGIM India Global Equity Opportunities Fund Direct Plan GrowthPGIM India Global Equity Opportunities Fund Direct Plan Growth
    --
    ₹ 51.31
    3.89%
    --
    Very High Risk
    ₹ 1,474.90 Cr
    PGIM India Global Select Real Estate Securities FoF Direct GrowthPGIM India Global Select Real Estate Securities FoF Direct Growth
    --
    ₹ 11.31
    2.17%
    --
    Very High Risk
    ₹ 46.80 Cr
    PGIM India Low Duration Fund Direct Plan GrowthPGIM India Low Duration Fund Direct Plan Growth
    ₹ 27.94
    0.54%
    0.38%
    Low to Moderate Risk
    ₹ 93.31 Cr
    PGIM India Banking and PSU Debt Fund Direct Plan GrowthPGIM India Banking and PSU Debt Fund Direct Plan Growth
    ₹ 22.34
    0.51%
    0.07%
    Low to Moderate Risk
    ₹ 45.38 Cr
    PGIM India Ultra Short Duration Fund Direct Plan GrowthPGIM India Ultra Short Duration Fund Direct Plan Growth
    ₹ 35.92
    0.50%
    0.43%
    Low to Moderate Risk
    ₹ 197.98 Cr
    PGIM India Emerging Markets Equity Fund Direct Plan Growth
    Very High Risk--
    • NAV₹ 19.46
    • Fund Size₹ 256.78 Cr
    1 Month Return4.23%
    Category Return--
    PGIM India Global Equity Opportunities Fund Direct Plan Growth
    Very High Risk--
    • NAV₹ 51.31
    • Fund Size₹ 1,474.90 Cr
    1 Month Return3.89%
    Category Return--
    PGIM India Global Select Real Estate Securities FoF Direct Growth
    Very High Risk--
    • NAV₹ 11.31
    • Fund Size₹ 46.80 Cr
    1 Month Return2.17%
    Category Return--
    PGIM India Low Duration Fund Direct Plan Growth
    Low to Moderate Risk
    • NAV₹ 27.94
    • Fund Size₹ 93.31 Cr
    1 Month Return0.54%
    Category Return0.38%
    PGIM India Banking and PSU Debt Fund Direct Plan Growth
    Low to Moderate Risk
    • NAV₹ 22.34
    • Fund Size₹ 45.38 Cr
    1 Month Return0.51%
    Category Return0.07%
    PGIM India Ultra Short Duration Fund Direct Plan Growth
    Low to Moderate Risk
    • NAV₹ 35.92
    • Fund Size₹ 197.98 Cr
    1 Month Return0.50%
    Category Return0.43%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoABOUT THE AMC

    company icon
    PGIM India Asset Management Private Limited
    PGIM India Asset Management Private Limited manages assets worth ₹ 26,859.50 crores. It’s current offering of mutual fund schemes includes 12 equity, 14 debt and 4 hybrid schemes.
    phone icon
    Phone
    +91 22 61593000
    mail icon
    Email
    aum
    AUM
    ₹ 26,859.50 Cr (
    As on Jun 30, 2025
    )
    location
    Address
    Nirlon House, 2nd Floor, Mumbai,400 030

    bt_logoFAQ's

    What is the category of PGIM India Arbitrage Fund Direct Plan Growth ?
    The category of PGIM India Arbitrage Fund Direct Plan Growth is Alternative - Arbitrage Fund
    What is the current NAV of PGIM India Arbitrage Fund Direct Plan Growth ?
    The current NAV of PGIM India Arbitrage Fund Direct Plan Growth as on Aug 12, 2025 is ₹19.75
    How safe is PGIM India Arbitrage Fund Direct Plan Growth ?
    The risk level of PGIM India Arbitrage Fund Direct Plan Growth is Low.
    What are short term returns given by PGIM India Arbitrage Fund Direct Plan Growth ?
    The return given by PGIM India Arbitrage Fund Direct Plan Growth in 1 month is 0.39%, 3 months is 1.58%, 6 months is 3.44%, and 1 year is 7.13%
    What are the long term returns given by PGIM India Arbitrage Fund Direct Plan Growth ?
    The return given by PGIM India Arbitrage Fund Direct Plan Growth in 3 years is 7.28% and 5 years is 6.03%.
    What is the expense ratio of PGIM India Arbitrage Fund Direct Plan Growth ?
    The expense ratio of PGIM India Arbitrage Fund Direct Plan Growth is 0.33%
    What is the AUM of PGIM India Arbitrage Fund Direct Plan Growth ?
    The assets under Management (AUM) of PGIM India Arbitrage Fund Direct Plan Growth is Rs 124.29 crores.
    What is the minimum investment in PGIM India Arbitrage Fund Direct Plan Growth ?
    The minimum Lumpsum investment in PGIM India Arbitrage Fund Direct Plan Growth is ₹5,000.00 and the minimum SIP investment in PGIM India Arbitrage Fund Direct Plan Growth is ₹1,000.00
    What is the asset allocation of PGIM India Arbitrage Fund Direct Plan Growth?
    PGIM India Arbitrage Fund Direct Plan Growth has an exposure of 12.13% in Debt and 88.08% in Cash & Money Market Securities

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