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PGIM India Arbitrage Fund Direct IDCW Quarterly

Hybrid
Arbitrage
Low Risk
4.63%
1Y return
+0.07% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 05 Mar 2021₹10.94
Min. SIP Amount₹1,000
Rating3star
Fund Size₹87.97 Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become 0 (0.00%)

Returns and rankings

Category: Hybrid Arbitrage
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns4.6%5.4%5.8%6.4%
Category average3.3%4.7%5.2%NA
Rank with in category91311NA
Understand termsinfo

Holdings (45)

NameSectorInstrumentAssets
PGIM India Insta Cash Fund Direct Plan-Growth
FinancialMutual 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

Pros and cons

Category: Hybrid Arbitrage

Pros

  • Age is more than 5 years
  • Lower expense ratio - 0.33%
  • 1Y Returns are higher than the category average returns
  • 3Y Returns are higher than the category average returns
  • 5Y Returns are higher than the category average returns
  • Exit load is zero

Cons

  • Asset under management(AUM) is less than 200 Crs. Watch expense ratio when AUM is very low

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

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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