PGIM India Arbitrage Fund Direct-Growth

Q: What are the returns of PGIM India Arbitrage Fund?

The PGIM India Arbitrage Fund is a 10 yrs 8 m old fund and has delivered average annual returns of 6.41% since inception. PGIM India Arbitrage Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 7.89% 7.01% 5.83% 6.23% 6.41%

NAV as of Apr 23, 2025	Returns since inception	ET Money Rank	VRO Ratings
₹19.4134-0.07% 1 day change	6.41% p.a.	#NA View Ranked Funds	2

Historical NAV & returns

NAV: ₹19.4134 as on Apr 23, 2025

This fund Category average

PGIM India Arbitrage Fund overview

VRO rating	2
Expense ratio	0.37% as on Mar 31, 2025
Exit load	0.25% Exit load of 0.25%, if redeemed within 30 days.!
AUM (Fund size)	₹97 Crs
Lock-in	No Lockin
Age	10 yrs 8 m since Aug 13, 2014
Benchmark	Nifty 50 Arbitrage
Min. investment	SIP ₹1000 & Lump. ₹5000
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, pay tax of 12.5% on returns of ₹1.25 lakh+ in a financial year

PGIM India 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 Apr 24, 2025

Period	This fund	Category average
1 month	0.86%	0.78%
3 months	1.95%	1.85%
6 months	3.89%	3.83%
1 year	7.89%	7.73%
3 years	7.01%	7.19%
5 years	5.83%	5.96%
7 years	5.93%	6.12%
10 years	6.23%	6.42%

Asset allocationas on Mar 31, 2025

Large Cap -0.15951%

Mid Cap -0.09698000000000001%

Small Cap -0.0035100000000000005%

Other Cap 0.0%

Top holdings

Hindustan Petroleum Corporation Ltd.9.61%

Reliance Industries Ltd.8.79%

ACC Ltd.7.74%

Ambuja Cements Ltd.5.78%

Top sectors

Energy 18.4%

Materials 16.54%

Financial 15.829999999999998%

Consumer Discretionary 4.63%

Cash & Call Money 72.307851%

SOV 14.131196%

A1+ 12.207503%

AAA 1.52927%

Top Debt Holdings

GOI 10.64%

Others 4.73%

Reserve Bank of India 0.5%

Allocation by Instruments

Net Receivables 70.36%

Mutual Fund 14.03%

GOI Securities 10.64%

CBLO 4.73%

Other Holdings

Others 70.36%

PGIM India Liquid Fund Direct Plan-Growth 14.03%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
PGIM India Arbitrage Fund	N.A.	₹97 Crs	10 yrs 8 m	0.37%
Tata Arbitrage Fund	N.A.	₹12,790 Crs	6 yrs 4 m	0.3%
Invesco India Arbitrage Fund	N.A.	₹19,675 Crs	12 yrs 3 m	0.39%
Edelweiss Arbitrage Fund	N.A.	₹14,003 Crs	10 yrs 10 m	0.36%
Axis Arbitrage Fund	N.A.	₹5,746 Crs	10 yrs 8 m	0.31%
Aditya Birla Sun Life Arbitrage Fund	N.A.	₹14,236 Crs	12 yrs 3 m	0.29%

Fund name	1M	6M	1Y	3Y	5Y	10Y
PGIM India Arbitrage Fund	0.86%	3.89%	7.89%	7.01%	5.83%	6.23%
Tata Arbitrage Fund	0.84%	3.98%	8.0%	7.44%	6.29%	4.09%
Invesco India Arbitrage Fund	0.78%	3.92%	7.99%	7.66%	6.33%	6.53%
Edelweiss Arbitrage Fund	0.79%	3.99%	7.94%	7.47%	6.24%	6.65%
Axis Arbitrage Fund	0.83%	3.9%	7.85%	7.26%	6.12%	6.55%
Aditya Birla Sun Life Arbitrage Fund	0.88%	3.99%	7.98%	7.37%	6.13%	6.47%

Fund name	Std. deviation	Beta	Sharpe	Sortino
PGIM India Arbitrage Fund	0.55	0.66	1.04	1.19
Tata Arbitrage Fund	0.53	0.71	1.85	2.22
Invesco India Arbitrage Fund	0.49	0.45	2.6	2.95
Edelweiss Arbitrage Fund	0.56	0.64	1.88	2.18
Axis Arbitrage Fund	0.56	0.61	1.49	1.64
Aditya Birla Sun Life Arbitrage Fund	0.54	0.67	1.7	1.92

View all Arbitrage funds

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

Alpha	1.94 vs. 2.73 Underperformed at beating benchmark
Sharpe	1.04 vs. 2.45 Poor risk-adjusted returns
Beta	0.66 vs. 0.79 Less sensitive to market ups & downs
Standard deviation	0.55 vs. 0.42 More volatile performance

Compare PGIM India Arbitrage Fund in detail with

About this fund

About PGIM India Arbitrage Fund

PGIM India Arbitrage Fund Direct-Growth is a Arbitrage mutual fund scheme from Pgim India Mutual Fund. This fund has been in existence for 10 yrs 8 m, having been launched on 13/08/2014. PGIM India Arbitrage Fund Direct-Growth has ₹97 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of PGIM India Arbitrage Fund Direct-Growth as of 23/04/2025 is ₹19.41. The fund has an expense ratio of 0.37%, which is close to what most other Arbitrage funds charge. Currently, the fund has a -0.26% allocation to equity and 32.68% to Debt.

PGIM India Arbitrage Fund Direct-Growth returns of last 1-year are 7.88%. Since launch, it has delivered 6.42% average annual returns.
PGIM India Arbitrage Fund Direct-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is below average.
The fund's equity portion is primarily invested in Energy, Materials, Financial, Unclassified, Consumer Discretionary sectors. It has taken more exposure in Energy, Materials 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 PGIM India Liquid Fund Direct Plan-Growth, GOI, Hindustan Petroleum Corporation Ltd., Reliance Industries Ltd., ACC Ltd..

...

Fund AUM	₹97 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Puneet Pal

Mr. Pal is a B.Com (H) and MBA from SIBM Pune. Prior to joining PGIM India Mutual Fund, he has worked with BNP Paribas AMC as Head Fixed Income, UTI AMC as Sr. Vice President & Fund Manager & TATA AMC as Fund Manager.

Chetan Chavan

Mr. Chavan has done B.Com Prior to joining PGIM India Mutual Fund, he was associated with Bajaj Finserv Mutual Fund, Mahindra Manulife Investment Management Private Limited and Invesco Asset Management (India) Private Limited.

Investment objective

The scheme seeks 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 Mutual Fund details

No. of schemes	24 view all schemes
Total AUM	₹24,165 Crs as on Mar 31, 2025
Address	7th Floor, Radhe Empire, Chandavarkar Road Borivali (W), Mumbai Mumbai, 400092
Phone	+91 22 6159 5441 / 42

More funds from PGIM India Mutual Fund

Fund name	ETM Rank	AUM (in Crs.)	1Y	5Y
PGIM India Hybrid Equity Fund	N.A.	₹204 Crs	12.05%	18.78%
PGIM India Equity Savings Fund	N.A.	₹71 Crs	8.07%	10.9%
PGIM India Balanced Advantage Fund	N.A.	₹957 Crs	10.04%	N.A.

See all Hybrid funds from this AMC

Frequently asked questions

What is the current NAV of PGIM India Arbitrage Fund?

The current Net Asset Value (NAV) of the PGIM India Arbitrage Fund - Direct Growth plan is approximately ₹19.4134 as of Apr 23, 2025.

What are the returns of this mutual fund scheme?

The PGIM India Arbitrage Fund is a 10 yrs 8 m old fund and has delivered average annual returns of 6.41% since inception.

PGIM India Arbitrage Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
7.89%	7.01%	5.83%	6.23%	6.41%

How much does this mutual fund charge as expense ratio?

The PGIM India Arbitrage Fund - Direct Growth has an expense ratio of 0.37%, 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 PGIM India Arbitrage Fund currently has assets under management (AUM) or fund size valued at approximately ₹97 Crs crore as of Mar 31, 2025.

What is risk level of PGIM India 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 PGIM India 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 PGIM India 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 PGIM India Arbitrage Fund is complete.

How can I redeem my investments in PGIM India Arbitrage Fund?

Redeeming your investments in PGIM India 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 PGIM India Arbitrage Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Arbitrage

#NA

Return Outperformance: This fund has generated highest return amongst Arbitrage funds in the last 1 Year.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 0.25%, if redeemed within 30 days.