Parag Parikh Arbitrage Fund

Q: What are the returns of this mutual fund scheme?

The Parag Parikh Arbitrage Fund is a 2 yrs old fund and has delivered average annual returns of 6.78% since inception. Parag Parikh Arbitrage Fund Returns 1-Year Since Inception 6.26% 6.78%

Q: How much does this mutual fund charge as expense ratio?

The Parag Parikh Arbitrage Fund has an expense ratio of 0.65% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹11.4044+0.03% 1 day change	6.78% p.a.	App exclusive #NA View Ranked Funds	₹1,893 Cr

Historical NAV & returns

NAV: ₹11.4044 as on Oct 20, 2025

This fund Category average

Parag Parikh Arbitrage Fund overview

AUM (Fund size)	₹1,893 Cr
Exit load	0.25% Exit load of 0.25%, if redeemed within 30 days.!
Lock-in Period	Nil
Age	2 yrs since Oct 23, 2023
Benchmark	NIFTY 50 Arbitrage TRI
Min. investment	SIP: ₹1000 & Lumpsum: ₹1000
Expense ratio	0.65% as on Sep 30, 2025
Plan type	Regular
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 Oct 17, 2025

Period	This fund	Category average
1 Month	0.53%	0.51%
3 Months	1.22%	1.2%
6 Months	2.62%	2.55%
1 Year	6.26%	6.2%

Asset allocationas on Sep 30, 2025

Large Cap -0.32%

Mid Cap -0.1%

Small Cap -0.02%

Other Cap 0%

Top holdings

Reliance Industries Ltd.3.67%

HDFC Bank Ltd.3.57%

Axis Bank Ltd.3.42%

Bharti Airtel Ltd.3.02%

Top sectors

Financial 29.76%

Energy 7.789999999999999%

Capital Goods 7.199999999999999%

Metals & Mining 7.179999999999999%

Cash 70.84209386%

A1+ 25.17158062%

SOV 2.90039391%

Cash & Call Money 0.7669042%

Top Debt Holdings

Bank Of Baroda 2.54%

Small Industries Devp. Bank of India Ltd. 2.52%

Union Bank of India 2.52%

HDFC Bank Ltd. 2.51%

Allocation by Instruments

Cash Margin 70.84209386%

Certificate of Deposit 13.36480801%

Mutual Fund 11.22894676%

Commercial Paper 3.78705861%

Other Holdings

Parag Parikh Liquid Fund Direct - Growth 11.23%

Others 0.54%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Parag Parikh Arbitrage Fund	0.53%	2.62%	6.26%	N.A.	N.A.	N.A.
Invesco India Arbitrage Fund	0.53%	2.68%	6.4%	7.14%	5.86%	5.8%
Tata Arbitrage Fund	0.5%	2.67%	6.4%	6.97%	5.63%	3.87%
ICICI Prudential Equity Arbitrage Fund	0.54%	2.66%	6.45%	7.03%	5.71%	5.79%
Edelweiss Arbitrage Fund	0.5%	2.6%	6.4%	7.04%	5.74%	5.85%
Axis Arbitrage Fund	0.5%	2.59%	6.32%	6.89%	5.62%	5.68%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Parag Parikh Arbitrage Fund	N.A.	N.A.	N.A.	N.A.
Invesco India Arbitrage Fund	0.39	0.16	1.52	2.58
Tata Arbitrage Fund	0.39	0.3	1.04	1.61
ICICI Prudential Equity Arbitrage Fund	0.41	0.33	1.13	1.67
Edelweiss Arbitrage Fund	0.43	0.27	1.11	1.86
Axis Arbitrage Fund	0.42	0.31	0.77	1.12

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Parag Parikh Arbitrage Fund	N.A.	1,893 Cr	2 yrs	0.65%
Invesco India Arbitrage Fund	N.A.	27,023 Cr	18 yrs 6 m	1.06%
Tata Arbitrage Fund	N.A.	19,150 Cr	6 yrs 10 m	1.09%
ICICI Prudential Equity Arbitrage Fund	N.A.	32,573 Cr	18 yrs 11 m	0.95%
Edelweiss Arbitrage Fund	N.A.	16,053 Cr	11 yrs 4 m	1.07%
Axis Arbitrage Fund	N.A.	7,578 Cr	11 yrs 3 m	1.02%

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 is a Arbitrage mutual fund scheme from Ppfas Mutual Fund. This fund has been in existence for 2 yrs, having been launched on 23/10/2023. Parag Parikh Arbitrage Fund has ₹1,893 Crores worth of assets under management (AUM) as on 30/09/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Parag Parikh Arbitrage Fund as of 20/10/2025 is ₹11.40. The fund has an expense ratio of 0.65%, which is higher than what most other Arbitrage funds charge. Currently, the fund has a -0.44% allocation to equity and 28.83% to Debt.

Parag Parikh Arbitrage Fund returns of last 1-year are 6.52%. Since launch, it has delivered 6.91% average annual returns.
The fund's equity portion is primarily invested in Financial, Unclassified, Energy, Capital Goods, Metals & Mining 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., HDFC Bank Ltd., Bharti Airtel Ltd., State Bank of India.

...

Fund AUM	1,893 Cr as on Sep 30, 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	1,32,181 Cr as on Sep 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.	3,028 Cr	7.6%	N.A.
Parag Parikh Dynamic Asset Allocation Fund	N.A.	2,606 Cr	6.12%	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 plan is approximately ₹11.4044 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The Parag Parikh Arbitrage Fund is a 2 yrs old fund and has delivered average annual returns of 6.78% since inception.

Parag Parikh Arbitrage Fund Returns

1-Year	Since Inception
6.26%	6.78%

How much does this mutual fund charge as expense ratio?

The Parag Parikh Arbitrage Fund has an expense ratio of 0.65%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

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 1,893 Cr as on Sep 30, 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 can I redeem my investments in Parag Parikh Arbitrage Fund?

Redeeming your investments in the Parag Parikh Arbitrage Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

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

ET Money rank

App exclusive

in Arbitrage

#NA

Return Outperformance: This fund has generated highest return amongst Arbitrage funds in the last 1 Year.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 0.25%, if redeemed within 30 days.