|Min SIP Amount||₹500|
|NAV||₹14.27 (14 Aug 2020)|
|Fund Started||27 Aug 2014|
|Fund Size||₹103 Cr|
|HDFC Bank Ltd.||Financial||Fixed Deposits||10.2%|
|Axis Bank Ltd.||Financial||Fixed Deposits||9.6%|
|HDFC Bank Ltd.||Financial||Fixed Deposits||5.1%|
|RBL Bank Ltd.||Financial||Fixed Deposits||4.9%|
|Cadila Healthcare Ltd.||Healthcare||Equity||4.4%|
|Adani Enterprises Ltd.||Services||Equity||3.7%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||3.6%|
|ICICI Bank Ltd.||Financial||Equity||3.4%|
PGIM India Arbitrage Fund Regular 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 Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹103 Cr and the Latest NAV as of 14 Aug 2020 is ₹14.27.
The PGIM India Arbitrage Fund Regular Growth is rated Moderately Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.
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.
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.