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PGIM India Arbitrage Fund Direct Growth0.00%

4.43%
1 Year Return
Hybrid
Arbitrage
2.0star
6M
1Y
3Y
5Y
All

Fund Details

PGIM India Arbitrage Fund Direct Growth

RiskLow
Min SIP Amount₹1000
Expense Ratio0.33%
NAV₹15.39 (26 Jul 2021)
Fund Started27 Aug 2014
Fund Size99 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
4.4%
5.4%
5.8%
5.9%
Category Average
3.3%
4.7%
5.2%
-
Rank Within Category
12
13
11
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount1,000
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 4.4% returns per annum

Comparison

Data not available
Pros
1. Age is more than 5 years
2. Lower expense ratio - 0.33%
3. 1Y Returns are higher than the category average returns
4. 3Y Returns are higher than the category average returns
5. 5Y Returns are higher than the category average returns
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 Fund26.5%
Adani Ports and Special Economic Zone Ltd.ServicesEquity4.5%
Reliance Industries Ltd.EnergyEquity4.3%
Aurobindo Pharma Ltd.HealthcareEquity4.1%
Tata Steel Ltd.MetalsEquity3.3%
Muthoot Finance Ltd.FinancialEquity2.8%
Indusind Bank Ltd.FinancialEquity2.8%
Infosys Ltd.TechnologyEquity2.5%
Hindalco Industries Ltd.MetalsEquity2.3%
Ultratech Cement Ltd.ConstructionEquity2.3%
See All

Fund Managers

Kumaresh Ramakrishnan
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PGIM India Arbitrage Fund Direct Growth Details

PGIM India Arbitrage Fund Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹99 Cr and the Latest NAV as of 26 Jul 2021 is ₹15.39.

The PGIM India Arbitrage Fund Direct Growth is rated Low risk. Minimum SIP Investment is set to 1000. 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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