Parag Parikh Arbitrage Fund Direct - Growth

Q: What are the returns of Parag Parikh Arbitrage Fund?

The Parag Parikh Arbitrage Fund is a 1 yrs 10 m old fund and has delivered average annual returns of 7.23% since inception. Parag Parikh Arbitrage Fund Returns 1-Year Since Inception 6.85% 7.23%

NAV as of Sep 03, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹11.3942+0.0% 1 day change	7.23% p.a.	App exclusive #NA View Ranked Funds	₹1,580 Cr

Historical NAV & returns

NAV: ₹11.3942 as on Sep 03, 2025

This fund Category average

Parag Parikh Arbitrage Fund overview

Expense ratio	0.3% as on Aug 31, 2025
Exit load	0.25% Exit load of 0.25%, if redeemed within 30 days.!
AUM (Fund size)	₹1,580 Cr
Lock-in Period	Nil
Age	1 yrs 10 m since Oct 23, 2023
Benchmark	NIFTY 50 Arbitrage TRI
Min. investment	This scheme is currently not buyable
Risk	Low
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Parag Parikh Arbitrage Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Sep 04, 2025

Period	This fund	Category average
1 Month	0.45%	0.44%
3 Months	1.54%	1.57%
6 Months	3.28%	3.44%
1 Year	6.85%	7.1%

Asset allocationas on May 31, 2025

Large Cap 0.35%

Mid Cap 0.1%

Small Cap 0.02%

Other Cap 0%

Top holdings

HDFC Bank Ltd.3.94%

Reliance Industries Ltd.3.48%

ICICI Bank Ltd.3.17%

Axis Bank Ltd.3.13%

Top sectors

Financial 29.740000000000002%

Energy 7.2700000000000005%

Metals & Mining 6.580000000000001%

Capital Goods 4.66%

Cash 66.6206564%

A1+ 28.84652997%

SOV 2.26569622%

Cash & Call Money 1.69379302%

Top Debt Holdings

Others 3.03%

Punjab National Bank 2.69%

HDFC Bank Ltd. 2.66%

Union Bank of India 2.62%

Allocation by Instruments

Cash Margin 67.89814756%

Certificate of Deposit 16.75272176%

Mutual Fund 9.98364667%

CBLO 3.0312591%

Other Holdings

Others 67.9%

Parag Parikh Liquid Fund Direct - Growth 9.98%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Parag Parikh Arbitrage Fund	N.A.	1,580 Cr	1 yrs 10 m	0.3%
Tata Arbitrage Fund	N.A.	14,982 Cr	6 yrs 8 m	0.31%
Invesco India Arbitrage Fund	N.A.	25,150 Cr	12 yrs 8 m	0.39%
Edelweiss Arbitrage Fund	N.A.	15,137 Cr	11 yrs 2 m	0.38%
Axis Arbitrage Fund	N.A.	5,746 Cr	11 yrs 1 m	0.33%
Aditya Birla Sun Life Arbitrage Fund	N.A.	14,236 Cr	12 yrs 8 m	0.31%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Parag Parikh Arbitrage Fund	0.45%	3.28%	6.85%	N.A.	N.A.	N.A.
Tata Arbitrage Fund	0.46%	3.68%	7.47%	7.78%	6.44%	4.33%
Invesco India Arbitrage Fund	0.44%	3.53%	7.31%	7.88%	6.52%	6.47%
Edelweiss Arbitrage Fund	0.44%	3.52%	7.35%	7.76%	6.45%	6.58%
Axis Arbitrage Fund	0.43%	3.55%	7.26%	7.57%	6.34%	6.48%
Aditya Birla Sun Life Arbitrage Fund	0.44%	3.66%	7.43%	7.71%	6.35%	6.4%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Parag Parikh Arbitrage Fund	N.A.	N.A.	N.A.	N.A.
Tata Arbitrage Fund	0.38	0.33	3.17	5.16
Invesco India Arbitrage Fund	0.37	0.17	3.53	6.3
Edelweiss Arbitrage Fund	0.42	0.3	2.81	4.85
Axis Arbitrage Fund	0.4	0.33	2.52	3.75
Aditya Birla Sun Life Arbitrage Fund	0.4	0.36	2.82	4.42

View all Arbitrage funds

Key risk & return ratios Compared to other funds in the category

Risk ratios are based on three-year data. The required data is unavailable for the scheme.

Compare Parag Parikh Arbitrage Fund in detail with

About this fund

About Parag Parikh Arbitrage Fund

Parag Parikh Arbitrage Fund Direct - Growth is a Arbitrage mutual fund scheme from Ppfas Mutual Fund. This fund has been in existence for 1 yrs 10 m, having been launched on 23/10/2023. Parag Parikh Arbitrage Fund Direct - Growth has ₹1,580 Crores worth of assets under management (AUM) as on 31/05/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Parag Parikh Arbitrage Fund Direct - Growth as of 03/09/2025 is ₹11.39. The fund has an expense ratio of 0.3%, which is close to what most other Arbitrage funds charge. Currently, the fund has a 0.48% allocation to equity and 32.89% to Debt.

Parag Parikh Arbitrage Fund Direct - Growth returns of last 1-year are 6.90%. Since launch, it has delivered 7.36% average annual returns.
The fund's equity portion is primarily invested in Financial, Unclassified, Energy, Metals & Mining, Capital Goods sectors. It has taken less exposure in Financial, Unclassified sectors compared to other funds in the category.
The debt portion of the fund has low credit quality indicating the quality of borrowers it has lent it to is not too great.
The fund's top 5 holdings are in Parag Parikh Liquid Fund Direct - Growth, Reliance Industries Ltd., ICICI Bank Ltd., Axis Bank Ltd., State Bank of India.

...

Fund AUM	1,580 Cr as on May 31, 2025
Scheme document	View Scheme Document

Fund managers

Rajeev Thakkar

Mr.Thakkar is a Chartered Accountant, Cost Accountant, CFA, and CFP. He has been associated with PPFAS AMC since 2013.

Raunak Onkar

Mr.Onkar is an MMS (Finance) from the University of Mumbai. He joined PPFAS as a research analyst. He was appointed as Head- research in the year 2011. He is working with the company as an Associate Fund Manager.

Raj Mehta

Mr. Mehta is a Commerce Graduate from University of Mumbai (N.M. College) ; Fellow Member of Institute of Chartered Accountants of India (ICAI) ; CFA Charter Holder. Beginning his career as an intern with PPFAS Mutual Fund in 2012, he swiftly moved up the ranks, and is currently part of the Fund Management team.

Rukun Tarachandani

Mr. Tarachandani has done B Tech (Information Technology), PGPM (Finance), CFA and CQF. Prior to joining PPFAS Mutual Fund, he has worked with Kotak Mutual Fund, Goldman Sachs, Unnati Investment Management & Research Group.

Tejas Soman

Mr. Soman has done B.Com from University of Mumbai and Post Graduate Program in Securities Markets - From ?NISM? Prior to joining PPFAS Mutual Fund, he was associated with SBI MF, Yes Bank Limited, STCI Primary Dealership and PricewaterhouseCoopers

Aishwarya Dhar

MBA - Finance Prior to joining the PPFAS MF, she was associated with TATA AIA Life Insurance Co. Ltd, ManipalCigna Health Insurance Co. Ltd,

Investment objective

The scheme seeks 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.

PPFAS Mutual Fund details

No. of schemes	6 view all schemes
Total AUM	1,16,146 Cr as on Jun 30, 2025
Address	702-705, 7th Floor, 349 Business Point Commercial Premises Co-op. Society Ltd., Western Express Highway, Andheri (East), Mumbai, 400069
Email	mf@ppfas.com
Phone	022 6906 6100, 91 22 6140 6555

More funds from PPFAS Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Parag Parikh Conservative Hybrid Fund	N.A.	2,665 Cr	6.21%	N.A.
Parag Parikh Dynamic Asset Allocation Fund	N.A.	2,105 Cr	5.01%	N.A.

See all Hybrid funds from this AMC

Frequently asked questions

What is the current NAV of Parag Parikh Arbitrage Fund?

The current Net Asset Value (NAV) of the Parag Parikh Arbitrage Fund - Direct Growth plan is approximately ₹11.3942 as of Sep 03, 2025.

What are the returns of this mutual fund scheme?

The Parag Parikh Arbitrage Fund is a 1 yrs 10 m old fund and has delivered average annual returns of 7.23% since inception.

Parag Parikh Arbitrage Fund Returns

1-Year	Since Inception
6.85%	7.23%

How much does this mutual fund charge as expense ratio?

The Parag Parikh Arbitrage Fund - Direct Growth has an expense ratio of 0.3%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The Parag Parikh Arbitrage Fund currently has assets under management (AUM) or fund size valued at approximately 1,580 Cr as on May 31, 2025.

What is risk level of Parag Parikh Arbitrage Fund?

This is a Arbitrage fund comes with Low risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Parag Parikh Arbitrage Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Parag Parikh Arbitrage Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Parag Parikh Arbitrage Fund is complete.

How can I redeem my investments in Parag Parikh Arbitrage Fund?

Redeeming your investments in Parag Parikh Arbitrage Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Parag Parikh Arbitrage Fund from anywhere else, you can go to the fund house website and put a request through it.