Parag Parikh Arbitrage Fund - Direct (G)
Arbitrage FundNAV
10.95(0.01%)Fund Size (CR)
₹1,157.98Expense Ratio
0.31Scheme Type
Active FundValue Research
Min. investment
₹1,000Minimum Additional Investment
₹1,000Minimum SIP Investment
₹1,000Minimum Withdrawal
₹1,000Exit Load
0.25%Return Since Launch
7.71%
- 3M
- 6M
- 1Y
- 3Y
- All
Basic Details
Scheme Manager
Rajeev Thakkar
Bench Mark
Nifty 50 Arbitrage TRI
Type
OPEN
Lumpsum Returns
| Period Invested For | ₹10,000 Invested on | Latest Value | Absolute Returns | Annualised Returns | Category Avg | Rank within Category |
|---|---|---|---|---|---|---|
| 1 Week | 13 January 2025 | 10010.79 | 0.11% | - | 0.10% | 29/165 |
| 1 Month | 20 December 2024 | 10055.94 | 0.56% | - | 0.54% | 69/161 |
| 3 Month | 18 October 2024 | 10193.68 | 1.94% | - | 1.88% | 58/155 |
| 6 Month | 19 July 2024 | 10348.34 | 3.48% | - | 3.40% | 67/153 |
| 1 Year | 19 January 2024 | 10762.94 | 7.63% | 7.63% | 7.54% | 65/153 |
| 3 Year | - | - | 0% | - | 6.51% | -/- |
| 5 Year | - | - | 0% | - | 5.39% | -/- |
| Since Inception | 2 November 2023 | 10947.20 | 9.47% | 7.71% | 5.51% | 1/165 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | 1 February 2024 | 1,20,000 | 124565.62 | 3.80% | 3.80% |
| 3 Year | - | - | - | - | - |
| 5 Year | - | - | - | - | - |
| 10 Year | - | - | - | - | - |
Note: SIP Returns since Inception Date.
Tax Treatment
If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.
Mutual Funds Calculator
- Investment type
- Scheme based
- SIP
- Lumpsum
Invested Amount
₹25,000
Estimated Returns
₹19,059
76%
Returns
Future value of your investment
₹44,059
Risk Ratios
0.17%
Standard Deviation
0.82%
Beta
0.31%
Sharpe Ratio
-0.67%
Treynor's Ratio
0.19%
Jension's Alpha
Asset Allocation
Sector Allocation
Top 10 stock holding in portfolio
| Stock Invested in | % of Total Holdings | Quantity | Value (Cr) | Asset Type | Segment |
|---|---|---|---|---|---|
| Reliance Industr | 7.39% | 704500 | 85.63 | Equity | Refineries |
| IndusInd Bank | 2.74% | 331000 | 31.78 | Equity | Banks |
| Bank of Baroda | 2.72% | 1307475 | 31.45 | Equity | Banks |
| Punjab Natl.Bank | 2.48% | 2792000 | 28.70 | Equity | Banks |
| Tata Power Co. | 2.31% | 681750 | 26.75 | Equity | Power Generation & Distribution |
| Bajaj Finance | 2.28% | 38625 | 26.35 | Equity | Finance |
| Axis Bank | 2.27% | 246875 | 26.28 | Equity | Banks |
| St Bk of India | 2.22% | 324000 | 25.76 | Equity | Banks |
| Bharat Electron | 2.13% | 840750 | 24.65 | Equity | Aerospace & Defence |
| GMR Airports | 2.12% | 3127500 | 24.57 | Equity | Miscellaneous |
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Parag Parikh Arbitrage Fund - Direct (G) | 1157.98 | 0.56% | 1.94% | 3.48% | 7.63% | - | |
| Kotak Equity Arbitrage Fund - Direct (G) | 54913.13 | 0.61% | 2.06% | 3.69% | 8.32% | 7.29% | |
| Kotak Equity Arbitrage Fund - Direct (IDCW-M) | 54913.13 | 0.61% | 2.06% | 3.69% | 8.30% | 7.05% | |
| Edelweiss Arbitrage Fund - Direct (IDCW-M) | 12135.81 | 0.62% | 2.06% | 3.69% | 8.29% | 7.23% | |
| Edelweiss Arbitrage Fund - Direct (IDCW) | 12135.81 | 0.62% | 2.05% | 3.69% | 8.28% | 7.23% | |
| Edelweiss Arbitrage Fund - Direct (G) | 12135.81 | 0.62% | 2.06% | 3.69% | 8.28% | 7.23% |
News
PPFAS Mutual Fund announces change in Key Personnel
PPFAS Mutual Fund has announced that Mr. Himanshoo Bohara has been appointed as the Chief Financial Officer & Whole Time Director of with effect from August 01, 2024.Details of: Mr. Himanshoo Bohara
Age: 49 years
Designation: Chief Financial Officer & Whole Time Director
Qualification: B.Sc., Chartered Accountant and Company Secretary.
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Fund House Details & Investment Objective
Date of Incorporation
23 October 2023
Total AUM (Cr)
₹1157.98
Parag Parikh Arbitrage Fund - Direct (G) is an Arbitrage Fund-oriented fund from the renowned AMC, PPFAS Mutual Fund. Launched in 23 October 2023, this fund is managed by Rajeev Thakkar. With assets under management (AUM) worth ₹1,157.98 (Cr), as of 21 January 2025, Parag Parikh Arbitrage Fund - Direct (G) is categorized as a Arbitrage Fund within its segment. The fund has generated a return of 7.71% since its launch.
The current NAV of Parag Parikh Arbitrage Fund - Direct (G) is ₹10.95, as on 21 January 2025. The fund's benchmark index is Nifty 50 Arbitrage TRI. You can invest in Parag Parikh Arbitrage Fund - Direct (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹1,000 while the minimum lumpsum investment is ₹1,000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
In respect each purchase / switch-in of units, an Exit Laod of 0.25% is payable if Units are redeemed/ switched-out within 30 days from the date of allotment. No Exit Load is payable if Units are redeemed / switched-out after 30 days from the date of allotment. The fund has generated undefined% and undefined% CAGR in the last 3 and 5 years respectively.
The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 69.57% in Equity, 21.21% in Debt and 9.22% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 16.99% in Banks, 16.04% in Debt, 12.15% in Others, 6.04% in Petroleum Products, 4.14% in Aerospace & Defense
FAQs
How to Invest in Parag Parikh Arbitrage Fund - Direct (G) Direct Growth?
Parag Parikh Arbitrage Fund - Direct (G) is a popular fund in the Arbitrage Fund segment. The fund has generated a return of 7.71% since inception. Looking to invest in Parag Parikh Arbitrage Fund - Direct (G) How about earning 1% extra return? All this is possible with m.Stock! Investing in Parag Parikh Arbitrage Fund - Direct (G) is super easy and convenient with m.Stock. Here’s how you can begin:
- Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
- In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
- In the search bar, enter the fund name, in this case, Parag Parikh Arbitrage Fund - Direct (G)
- On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
- If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
- If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.
So, why wait? Invest in Parag Parikh Arbitrage Fund - Direct (G) today and reap the benefits of this Arbitrage Fund fund!
How much returns has Parag Parikh Arbitrage Fund - Direct (G) Direct Growth generated?
What is the expense ratio of Parag Parikh Arbitrage Fund - Direct (G) Direct Growth?
What is the AUM of Parag Parikh Arbitrage Fund - Direct (G) Fund Direct Growth?
How to redeem or withdraw money from Parag Parikh Arbitrage Fund - Direct (G) Direct Growth?
Redeeming or selling units of Parag Parikh Arbitrage Fund - Direct (G) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.
To redeem from Parag Parikh Arbitrage Fund - Direct (G):
- Login to your m.Stock account
- In portfolio, your mutual fund investments will be visible under ‘MF’
- Select the fund you wish to redeem from (in this case Parag Parikh Arbitrage Fund - Direct (G)).
- Click on ‘Redeem’ button
- You have 2 options – redeem by units and redeem by value (you can only redeem free units)
- Select units to be redeemed and click on submit.
- Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).