PGIM India Arbitrage Fund Direct Dividend Yearly-0.03%

4.79%
1 Year Return
Hybrid
Arbitrage
2.0star
6M
1Y
3Y
5Y
All

Fund Details

PGIM India Arbitrage Fund Direct Dividend Yearly

RiskModerately Low
Min SIP Amount₹500
Expense Ratio0.40%
NAV11.56 (22 Oct 2020)
Fund Started27 Aug 2014
Fund Size80 Cr

Returns

1Y
3Y*
5Y*
Since inception*
PGIM India Arbitrage Fund Direct Dividend Yearly
4.8%
5.8%
6.2%
6.7%
Category Average
4.0%
5.3%
5.7%
-
Rank within category
14
13
12
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 4.8% annual returns

    Comparison

    Data not available
    Pros
    1. Lower expense ratio - 0.4%
    2. 1Y Returns are higher than the category average returns
    3. 3Y Returns are higher than the category average returns
    4. 5Y Returns are higher than the category average returns
    5. Age is more than 5 years
    6. Exit load is zero
    Cons
    1. Asset under management(AUM) is less than 200 Crs. Watch expense ratio when AUM is very low

    Top Holdings

    NameSectorInstrument% Assets
    PGIM India Insta Cash Fund Direct Plan-GrowthFinancialMutual Fund7.5%
    HDFC Bank Ltd.FinancialFixed Deposits6.6%
    ICICI Bank Ltd.FinancialEquity5.6%
    Cipla Ltd.HealthcareEquity5.1%
    Axis Bank Ltd.FinancialEquity4.3%
    Reliance Industries Ltd.EnergyEquity4.3%
    Bharti Airtel Ltd.CommunicationEquity3.9%
    Jindal Steel & Power Ltd.MetalsEquity3.5%
    ITC Ltd.FMCGEquity3.5%
    Bajaj Auto LtdAutomobileEquity3.1%
    See All

    Fund Managers

    addKumaresh Ramakrishnan
    Education
    Mr. Ramakrishnan is a B.E from Mumbai University and MBA from NMIMS (Mumbai).
    Experience
    Prior to joining PGIM India Mutual Fund he has worked with DWS AMC, Societe Generale and CARE.
    Funds Managed

    PGIM India Arbitrage Fund Direct Dividend Yearly Details

    PGIM India Arbitrage Fund Direct Dividend Yearly is a Hybrid Mutual Fund Scheme launched by PGIM India Mutual Fund. This scheme was made available to investors on 27 Aug 2014. Utkarsh Katkoria, Hitash Dang is the Current Fund Manager of PGIM India Arbitrage Fund Direct Dividend Yearly fund.The fund currently has an Asset Under Management(AUM) of ₹80 Cr and the Latest NAV as of 22 Oct 2020 is ₹11.56.

    The PGIM India Arbitrage Fund Direct Dividend Yearly is rated Moderately Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.

    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.

    Tax Implications

    Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Nil
    Exit Load

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    About PGIM India Mutual Fund

    Address
    Nirlon House, 2nd Floor, Dr. Annie Besant Road, Worli, Mumbai - 400 030
    Phone
    022-61593000
    Launch Date
    13 May 2010
    Website
    NA
    PGIM India Mutual Fund
    Asset Management Company
    Custodian
    Standard Chartered Bank
    Registrar & Transfer Agent
    KFin Tech
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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