PGIM India Arbitrage Fund Direct Dividend Monthly+0.02%

2Groww
6.51%
1 Year Return
Hybrid
Arbitrage
2.0 star
6M
1Y
3Y
5Y
All

Fund Details

PGIM India Arbitrage Fund Direct Dividend Monthly

RiskModerately Low
Min SIP Amount₹500
Expense Ratio0.39%
NAV10.71 (11 Dec 2019)
Fund Started27 Aug 2014
Fund Size180 Cr

Returns

1Y
3Y*
5Y*
Since inception*
PGIM India Arbitrage Fund Direct Dividend Monthly
6.5%
6.5%
7.0%
7.0%
Category Average
6.9%
NA
NA
-
Rank within category
17
13
10
-
*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 6.5% annual returns

    Comparison

    Data not available
    Pros
    1. Risk is lower compared to the benchmark
    2. Lower expense ratio
    3. 1Y Returns are higher than the benchmark
    4. 3Y Returns are higher than the benchmark
    5. 5Y Returns are higher than the benchmark
    Cons
    1. Asset under management(AUM) is less than 200 Crs. Watch expense ratio when AUM is very low
    2. Risk-adjusted returns are lower compared to the category

    Top Holdings

    NameSectorInstrument% Assets
    HDFC Bank Ltd.FinancialFixed Deposits11.0%
    Housing Development Finance Corpn. Ltd.FinancialEquity8.1%
    Reliance Industries Ltd.EnergyEquity6.1%
    HDFC Bank Ltd.FinancialFixed Deposits5.8%
    National Bank For Agriculture & Rural DevelopmentFinancialDebenture5.6%
    Titan Company Ltd.Cons DurableEquity4.0%
    ICICI Bank Ltd.FinancialEquity3.5%
    ACC Ltd.ConstructionEquity3.4%
    Adani Power Ltd.EngineeringEquity3.3%
    Bank Of BarodaFinancialCD3.0%
    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

    Other Details

    PGIM India Arbitrage Fund Direct Dividend Monthly is a Hybrid Mutual Fund Scheme launched by DHFL Pramerica Mutual Fund. This scheme was introduced to investors on 27 Aug 2014. Utkarsh Katkoria, Hitash Dang is the Current Fund Manager of PGIM India Arbitrage Fund Direct Dividend Monthly.The fund currently has an Asset Under Management(AUM) of ₹180 Cr and the Latest NAV as of 11 Dec 2019 is ₹10.71.

    The PGIM India Arbitrage Fund Direct Dividend Monthly is rated Moderately Low risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Exit load of 0.50% if redeemed within 30 days.

    Investment Objective

    The scheme intends 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. There can be no assurance or guarantee that the investment objective of the Scheme will be realized.

    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
    Exit load of 0.50% if redeemed within 30 days
    Exit Load

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    About DHFL Pramerica Mutual Fund

    Address
    Nirlon House, 2nd Floor, Dr. Annie Besant Road, Worli, Mumbai - 400 030
    Phone
    022-61593000
    Launch Date
    12 May 2010
    DHFL Pramerica Mutual Fund
    Asset Management Company
    Custodian
    Standard Chartered Bank
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Invest Now
    Enter investment amount
    + ₹1,000
    + ₹5,000
    + ₹10,000
    ONE TIME
    MONTHLY SIP
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