Home>Mutual Funds>PGIM India Mutual Fund>PGIM India Arbitrage Fund Direct IDCW Quarterly

PGIM India Arbitrage Fund Direct IDCW Quarterly

Hybrid
Arbitrage
Low Risk
Payout
5.10%
3Y annualised
+0.02% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 05 Mar 2021₹10.94
Min. SIP amount₹1,000
Rating3star
Fund size₹87.97 Cr

Returns and rankings

Category: Hybrid Arbitrage
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns4.1%5.1%5.7%6.3%
Category average3.3%4.7%5.2%NA
Rank with in category161511NA
Understand termsinfo

Holdings (49)

NameSectorInstrumentAssets
PGIM India Insta Cash Fund Direct Plan-Growth
FinancialMutual Fund21.3%
ServicesEquity4.8%
Reserve Bank of India
FinancialT-Bills4.0%
Reserve Bank of India
FinancialT-Bills4.0%
EnergyEquity3.7%
TechnologyEquity3.3%
MetalsEquity3.3%
MetalsEquity2.7%
HealthcareEquity2.5%
HealthcareEquity2.5%
See All

Pros and cons

info
Category: Hybrid Arbitrage
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Pros

Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
Exit load is zero
Lower expense ratio: 0.33%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
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Cons

Lower AUM: 138Cr. Funds with lower AUM tend to have higher expense ratio

Expense ratio, exit load and tax

Expense ratio: 0.35%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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.

Understand termsinfo
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000

Fund management

Kumaresh Ramakrishnan
Aug 2014 - Present
View details
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Fund house & investment objective

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Fund house contact details

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