1M
6M
1Y
3Y
5Y
All
| NAV: 13 Dec 2024 | ₹18.87 |
| Min. SIP amount | ₹1,000 |
| Rating | 2 |
| Fund size | ₹93.05Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Hybrid Arbitrage
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 8.0% | 6.5% | 5.6% | 6.4% |
| Category average | 7.4% | 6.0% | 5.1% | NA |
| Rank with in category | 20 | 20 | 17 | NA |
Understand terms
Peer Comparison
| Hybrid, Arbitrage funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Invesco India Arbitrage Fund Direct Growth | 5 | 8.5% | 7.4% | 17,656.72 |
Kotak Equity Arbitrage Fund Direct Growth | 4 | 8.7% | 7.2% | 53,682.68 |
Tata Arbitrage Fund Direct Growth | 5 | 8.5% | 7.0% | 11,671.92 |
Nippon India Arbitrage Fund Direct Growth | 4 | 8.4% | 7.0% | 15,257.72 |
Aditya Birla Sun Life Arbitrage Fund Direct Growth | 4 | 8.5% | 6.9% | 12,502.74 |
Holdings (60)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
PGIM India Liquid Fund Direct Plan-Growth | NA | Mutual Fund | 11.64% |
Reliance Industries Ltd. | Energy | Equity | 8.60% |
HDFC Bank Ltd. | Financial | Equity | 7.60% |
Ambuja Cements Ltd. | Construction | Equity | 6.97% |
GOI | Sovereign | GOI Sec | 5.51% |
GOI | Sovereign | GOI Sec | 5.49% |
National Aluminium Company Ltd. | Metals & Mining | Equity | 5.32% |
Titan Company Ltd. | Consumer Discretionary | Equity | 5.17% |
NTPC Ltd. | Energy | Equity | 4.61% |
ACC Ltd. | Construction | Equity | 4.49% |
Hindalco Industries Ltd. | Metals & Mining | Equity | 4.34% |
Kotak Mahindra Bank Ltd. | Financial | Equity | 3.80% |
NMDC Ltd. | Metals & Mining | Equity | 3.65% |
Infosys Ltd. | Technology | Equity | 2.87% |
Polycab India Ltd. | Capital Goods | Equity | 2.18% |
Manappuram Finance Ltd. | Financial | Equity | 2.18% |
Canara Bank | Financial | Equity | 2.16% |
DLF Ltd. | Construction | Equity | 1.67% |
Ultratech Cement Ltd. | Construction | Equity | 1.55% |
Punjab National Bank | Financial | Equity | 1.35% |
Glenmark Pharmaceuticals Ltd. | Healthcare | Equity | 1.32% |
State Bank of India | Financial | Equity | 1.13% |
United Spirits Ltd. | Consumer Staples | Equity | 1.09% |
Bank Of Baroda | Financial | Equity | 0.87% |
Reserve Bank of India | Financial | T-Bills | 0.53% |
ITC Ltd. | Consumer Staples | Equity | 0.42% |
Interglobe Aviation Ltd. | Services | Equity | 0.39% |
City Union Bank Ltd. | Financial | Equity | 0.19% |
HDFC Life Insurance Co Ltd. | Insurance | Equity | 0.17% |
Vodafone Idea Ltd. | Communication | Equity | 0.17% |
Hindustan Petroleum Corporation Ltd. | Energy | Equity | 0.17% |
Indian Railway Catering & Tourism Corporation Ltd. | Services | Equity | 0.15% |
Indian Railway Catering & Tourism Corporation Ltd. | Services | Futures | -0.16% |
Hindustan Petroleum Corporation Ltd. | Energy | Futures | -0.17% |
HDFC Life Insurance Co Ltd. | Insurance | Futures | -0.17% |
Vodafone Idea Ltd. | Communication | Futures | -0.18% |
City Union Bank Ltd. | Financial | Futures | -0.19% |
Interglobe Aviation Ltd. | Services | Futures | -0.39% |
ITC Ltd. | Consumer Staples | Futures | -0.42% |
Bank Of Baroda | Financial | Futures | -0.87% |
United Spirits Ltd. | Consumer Staples | Futures | -1.10% |
State Bank of India | Financial | Futures | -1.13% |
Glenmark Pharmaceuticals Ltd. | Healthcare | Futures | -1.33% |
Punjab National Bank | Financial | Futures | -1.36% |
Ultratech Cement Ltd. | Construction | Futures | -1.56% |
DLF Ltd. | Construction | Futures | -1.69% |
Canara Bank | Financial | Futures | -2.18% |
Manappuram Finance Ltd. | Financial | Futures | -2.18% |
Polycab India Ltd. | Capital Goods | Futures | -2.19% |
Infosys Ltd. | Technology | Futures | -2.89% |
NMDC Ltd. | Metals & Mining | Futures | -3.68% |
Kotak Mahindra Bank Ltd. | Financial | Futures | -3.83% |
Hindalco Industries Ltd. | Metals & Mining | Futures | -4.37% |
ACC Ltd. | Construction | Futures | -4.53% |
NTPC Ltd. | Energy | Futures | -4.64% |
Titan Company Ltd. | Consumer Discretionary | Futures | -5.20% |
National Aluminium Company Ltd. | Metals & Mining | Futures | -5.32% |
Ambuja Cements Ltd. | Construction | Futures | -7.02% |
HDFC Bank Ltd. | Financial | Futures | -7.65% |
Reliance Industries Ltd. | Energy | Futures | -8.64% |
See All
Pros and cons
Category: Hybrid Arbitrage
Pros
Consistently higher annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y
Lower expense ratio: 0.35%
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
Higher alpha: 2.02
The fund has generated returns higher than benchmark - NIFTY 50 Arbitrage Total Return Index - in the last 3Y
Cons
Low rating: 2
Expense ratio, exit load and tax
Expense ratio: 0.35%
Inclusive of GST
Exit load
Exit load of 0.25%, if redeemed within 30 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Understand terms
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
Puneet PalApr 2022 - PresentView details
Puneet Pal
Apr 2022 - Present
View details
Education
Mr. Pal is a B.Com (H) and MBA from SIBM Pune.
Experience
Prior to joining PGIM India Mutual Fund, he has worked with BNP Paribas AMC as Head Fixed Income, UTI AMC as Sr. Vice President & Fund Manager & TATA AMC as Fund Manager.
Also manages these schemes
Chetan ChavanMar 2024 - PresentView details
Chetan Chavan
Mar 2024 - Present
View details
Education
Mr. Chavan has done B.Com
Experience
Prior to joining PGIM India Mutual Fund, he was associated with Bajaj Finserv Mutual Fund, Mahindra Manulife Investment Management Private Limited and Invesco Asset Management (India) Private Limited.
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
204, 2nd Floor, Jalaram Business Centre,Ganjawala LaneNear Chamunda Circle, Borivali (W) Mumbai 400092
Phone
022-61593000 / 1800-266-2667
Launch Date
13 May 2010
E-mail
NAWebsite
www.pgimindiamf.com
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,
Email
[email protected]Website
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