How to Invest in PGIM India Arbitrage Fund Direct IDCW?

You can easily invest in PGIM India Arbitrage Fund Direct IDCW in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for PGIM India Arbitrage Fund Direct IDCW from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in PGIM India Arbitrage Fund Direct IDCW as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does PGIM India Arbitrage Fund Direct IDCW provide?

The PGIM India Arbitrage Fund Direct IDCW has been there from 27 Aug 2014 and the average annual returns provided by this fund is 7.63% since its inception.

How much expense ratio is charged by PGIM India Arbitrage Fund Direct IDCW?

The term Expense Ratio used for PGIM India Arbitrage Fund Direct IDCW or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of PGIM India Arbitrage Fund Direct IDCW is 0.34% as of 07 Dec 2023...

What is the AUM of PGIM India Arbitrage Fund Direct IDCW?

The AUM, short for Assets Under Management of PGIM India Arbitrage Fund Direct IDCW is ₹153.43Cr as of 07 Dec 2023.

How to Redeem PGIM India Arbitrage Fund Direct IDCW?

If you want to sell your PGIM India Arbitrage Fund Direct IDCW holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of PGIM India Arbitrage Fund Direct IDCW?

You can select either SIP or Lumpsum investment of PGIM India Arbitrage Fund Direct IDCW based on your investment objective and risk tolerance.

What is the NAV of PGIM India Arbitrage Fund Direct IDCW?

The NAV of PGIM India Arbitrage Fund Direct IDCW is ₹12.34 as of 06 Dec 2023.

What is the PE and PB ratio of PGIM India Arbitrage Fund Direct IDCW?

The PE ratio ratio of PGIM India Arbitrage Fund Direct IDCW is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

PGIM India Arbitrage Fund Direct IDCW - NAV, Mutual Fund Performance & Portfolio

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PGIM India Arbitrage Fund Direct IDCW
Hybrid
Arbitrage
Low Risk
Payout
5.38%
3Y annualised
+0.11% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 06 Dec 2023₹12.34
Min. SIP amountNot Supported
Rating2
Fund size₹153.43Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Hybrid Arbitrage
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns7.6%5.4%5.4%6.2%
Category average7.2%4.8%4.9%NA
Rank with in category221815NA
Understand terms
Holdings (45)NameSectorInstrumentAssets
PGIM India Liquid Fund Direct Plan-Growth
NAMutual Fund12.9%
Grasim Industries Ltd.
ConstructionEquity7.1%
HDFC Bank Ltd.
FinancialEquity6.9%
ICICI Bank Ltd.
FinancialEquity6.8%
Reliance Industries Ltd.
EnergyEquity6.2%
Zee Entertainment Enterprises Ltd.
ServicesEquity5.4%
Torrent Pharmaceuticals Ltd.
HealthcareEquity4.1%
Ambuja Cements Ltd.
ConstructionEquity3.6%
Reserve Bank of India
FinancialT-Bills3.2%
Reserve Bank of India
FinancialT-Bills3.2%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and cons
Category: Hybrid Arbitrage
Pros
Cons
Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
Low rating: 2
Lower expense ratio: 0.34%
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
Higher alpha: 1.78
The fund has generated returns higher than benchmark - NIFTY 50 Arbitrage Total Return Index - in the last 3Y 
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
03 Dec 2023 - Present
0.34%
02 Dec 2023 - 03 Dec 2023
0.34%
01 Dec 2023 - 02 Dec 2023
0.34%
30 Nov 2023 - 01 Dec 2023
0.34%
29 Nov 2023 - 30 Nov 2023
0.34%
28 Nov 2023 - 29 Nov 2023
0.34%
27 Nov 2023 - 28 Nov 2023
0.34%
26 Nov 2023 - 27 Nov 2023
0.34%
25 Nov 2023 - 26 Nov 2023
0.34%
24 Nov 2023 - 25 Nov 2023
0.34%
23 Nov 2023 - 24 Nov 2023
0.34%
22 Nov 2023 - 23 Nov 2023
0.34%
21 Nov 2023 - 22 Nov 2023
0.34%
20 Nov 2023 - 21 Nov 2023
0.34%
19 Nov 2023 - 20 Nov 2023
0.34%
18 Nov 2023 - 19 Nov 2023
0.34%
17 Nov 2023 - 18 Nov 2023
0.34%
16 Nov 2023 - 17 Nov 2023
0.34%
15 Nov 2023 - 16 Nov 2023
0.34%
14 Nov 2023 - 15 Nov 2023
0.34%
13 Nov 2023 - 14 Nov 2023
0.34%
12 Nov 2023 - 13 Nov 2023
0.34%
11 Nov 2023 - 12 Nov 2023
0.34%
10 Nov 2023 - 11 Nov 2023
0.34%
09 Nov 2023 - 10 Nov 2023
0.34%
08 Nov 2023 - 09 Nov 2023
0.34%
07 Nov 2023 - 08 Nov 2023
0.34%
06 Nov 2023 - 07 Nov 2023
0.34%
05 Nov 2023 - 06 Nov 2023
0.34%
04 Nov 2023 - 05 Nov 2023
0.34%
03 Nov 2023 - 04 Nov 2023
0.34%
02 Nov 2023 - 03 Nov 2023
0.34%
01 Nov 2023 - 02 Nov 2023
0.34%
31 Oct 2023 - 01 Nov 2023
0.34%
30 Oct 2023 - 31 Oct 2023
0.34%
29 Oct 2023 - 30 Oct 2023
0.34%
28 Oct 2023 - 29 Oct 2023
0.34%
27 Oct 2023 - 28 Oct 2023
0.34%
26 Oct 2023 - 27 Oct 2023
0.34%
25 Oct 2023 - 26 Oct 2023
0.34%
24 Oct 2023 - 25 Oct 2023
0.34%
23 Oct 2023 - 24 Oct 2023
0.34%
22 Oct 2023 - 23 Oct 2023
0.34%
21 Oct 2023 - 22 Oct 2023
0.34%
20 Oct 2023 - 21 Oct 2023
0.34%
19 Oct 2023 - 20 Oct 2023
0.34%
18 Oct 2023 - 19 Oct 2023
0.34%
17 Oct 2023 - 18 Oct 2023
0.34%
16 Oct 2023 - 17 Oct 2023
0.34%
15 Oct 2023 - 16 Oct 2023
0.34%
14 Oct 2023 - 15 Oct 2023
0.34%
13 Oct 2023 - 14 Oct 2023
0.34%
12 Oct 2023 - 13 Oct 2023
0.34%
11 Oct 2023 - 12 Oct 2023
0.34%
10 Oct 2023 - 11 Oct 2023
0.34%
09 Oct 2023 - 10 Oct 2023
0.34%
08 Oct 2023 - 09 Oct 2023
0.34%
07 Oct 2023 - 08 Oct 2023
0.34%
06 Oct 2023 - 07 Oct 2023
0.34%
05 Oct 2023 - 06 Oct 2023
0.34%
04 Oct 2023 - 05 Oct 2023
0.34%
03 Oct 2023 - 04 Oct 2023
0.34%
02 Oct 2023 - 03 Oct 2023
0.34%
01 Oct 2023 - 02 Oct 2023
0.34%
30 Sep 2023 - 01 Oct 2023
0.34%
29 Sep 2023 - 30 Sep 2023
0.34%
28 Sep 2023 - 29 Sep 2023
0.34%
27 Sep 2023 - 28 Sep 2023
0.34%
26 Sep 2023 - 27 Sep 2023
0.34%
25 Sep 2023 - 26 Sep 2023
0.34%
24 Sep 2023 - 25 Sep 2023
0.34%
23 Sep 2023 - 24 Sep 2023
0.34%
22 Sep 2023 - 23 Sep 2023
0.34%
21 Sep 2023 - 22 Sep 2023
0.34%
20 Sep 2023 - 21 Sep 2023
0.34%
19 Sep 2023 - 20 Sep 2023
0.34%
18 Sep 2023 - 19 Sep 2023
0.34%
17 Sep 2023 - 18 Sep 2023
0.34%
16 Sep 2023 - 17 Sep 2023
0.34%
15 Sep 2023 - 16 Sep 2023
0.34%
14 Sep 2023 - 15 Sep 2023
0.34%
13 Sep 2023 - 14 Sep 2023
0.34%
12 Sep 2023 - 13 Sep 2023
0.34%
11 Sep 2023 - 12 Sep 2023
0.34%
10 Sep 2023 - 11 Sep 2023
0.34%
09 Sep 2023 - 10 Sep 2023
0.34%
08 Sep 2023 - 09 Sep 2023
0.34%
07 Sep 2023 - 08 Sep 2023
0.34%
06 Sep 2023 - 07 Sep 2023
0.34%
05 Sep 2023 - 06 Sep 2023
0.34%
04 Sep 2023 - 05 Sep 2023
0.34%
03 Sep 2023 - 04 Sep 2023
0.34%
02 Sep 2023 - 03 Sep 2023
0.34%
01 Sep 2023 - 02 Sep 2023
0.34%
31 Aug 2023 - 01 Sep 2023
0.34%
31 Jul 2023 - 31 Aug 2023
0.35%
30 Jun 2023 - 31 Jul 2023
0.33%
31 May 2023 - 30 Jun 2023
0.33%
30 Apr 2023 - 31 May 2023
0.33%
31 Mar 2023 - 30 Apr 2023
0.33%
28 Feb 2023 - 31 Mar 2023
0.33%
31 Jan 2023 - 28 Feb 2023
0.33%
31 Dec 2022 - 31 Jan 2023
0.33%
31 Dec 2022 - 31 Dec 2022
0.33%
31 Dec 2022 - 31 Dec 2022
0.33%
30 Nov 2022 - 31 Dec 2022
0.33%
30 Nov 2022 - 30 Nov 2022
0.33%
30 Nov 2022 - 30 Nov 2022
0.33%
31 Oct 2022 - 30 Nov 2022
0.28%
31 Oct 2022 - 31 Oct 2022
0.28%
31 Oct 2022 - 31 Oct 2022
0.28%
30 Sep 2022 - 31 Oct 2022
0.28%
30 Sep 2022 - 30 Sep 2022
0.28%
30 Sep 2022 - 30 Sep 2022
0.28%
31 Aug 2022 - 30 Sep 2022
0.32%
31 Aug 2022 - 31 Aug 2022
0.32%
31 Jul 2022 - 31 Aug 2022
0.32%
31 Jul 2022 - 31 Jul 2022
0.32%
30 Jun 2022 - 31 Jul 2022
0.32%
30 Jun 2022 - 30 Jun 2022
0.32%
31 May 2022 - 30 Jun 2022
0.32%
31 May 2022 - 31 May 2022
0.32%
30 Apr 2022 - 31 May 2022
0.25%
30 Apr 2022 - 30 Apr 2022
0.25%
31 Mar 2022 - 30 Apr 2022
0.25%
31 Mar 2022 - 31 Mar 2022
0.25%
28 Feb 2022 - 31 Mar 2022
0.25%
28 Feb 2022 - 28 Feb 2022
0.25%
31 Jan 2022 - 28 Feb 2022
0.33%
31 Dec 2021 - 31 Jan 2022
0.34%
30 Nov 2021 - 31 Dec 2021
0.34%
31 Oct 2021 - 30 Nov 2021
0.33%
30 Sep 2021 - 31 Oct 2021
0.33%
31 Aug 2021 - 30 Sep 2021
0.33%
31 Jul 2021 - 31 Aug 2021
0.33%
30 Jun 2021 - 31 Jul 2021
0.33%
31 May 2021 - 30 Jun 2021
0.33%
30 Apr 2021 - 31 May 2021
0.35%
31 Mar 2021 - 30 Apr 2021
0.35%
28 Feb 2021 - 31 Mar 2021
0.35%
31 Jan 2021 - 28 Feb 2021
0.35%
31 Dec 2020 - 31 Jan 2021
0.36%
30 Nov 2020 - 31 Dec 2020
0.38%
31 Oct 2020 - 30 Nov 2020
0.38%
30 Sep 2020 - 31 Oct 2020
0.40%
31 Aug 2020 - 30 Sep 2020
0.42%
31 Jul 2020 - 31 Aug 2020
0.42%
30 Jun 2020 - 31 Jul 2020
0.43%
31 May 2020 - 30 Jun 2020
0.43%
30 Apr 2020 - 31 May 2020
0.28%
31 Mar 2020 - 30 Apr 2020
0.27%
29 Feb 2020 - 31 Mar 2020
0.33%
31 Jan 2020 - 29 Feb 2020
0.32%
31 Dec 2019 - 31 Jan 2020
0.33%
30 Nov 2019 - 31 Dec 2019
0.32%
31 Oct 2019 - 30 Nov 2019
0.39%
30 Sep 2019 - 31 Oct 2019
0.39%
31 Aug 2019 - 30 Sep 2019
0.39%
31 Jul 2019 - 31 Aug 2019
0.39%
30 Jun 2019 - 31 Jul 2019
0.39%
31 May 2019 - 30 Jun 2019
0.39%
30 Apr 2019 - 31 May 2019
0.39%
31 Mar 2019 - 30 Apr 2019
0.39%
28 Feb 2019 - 31 Mar 2019
0.38%
31 Jan 2019 - 28 Feb 2019
0.40%
31 Dec 2018 - 31 Jan 2019
0.41%
30 Nov 2018 - 31 Dec 2018
0.42%
31 Oct 2018 - 30 Nov 2018
0.42%
30 Sep 2018 - 31 Oct 2018
0.44%
31 Aug 2018 - 30 Sep 2018
0.46%
31 Jul 2018 - 31 Aug 2018
0.46%
30 Jun 2018 - 31 Jul 2018
0.44%
31 May 2018 - 30 Jun 2018
0.40%
30 Apr 2018 - 31 May 2018
0.40%
31 Mar 2018 - 30 Apr 2018
0.40%
28 Feb 2018 - 31 Mar 2018
0.40%
31 Jan 2018 - 28 Feb 2018
0.40%
31 Dec 2017 - 31 Jan 2018
0.40%
30 Nov 2017 - 31 Dec 2017
0.40%
31 Oct 2017 - 30 Nov 2017
0.34%
Expense ratio, exit load and taxExpense ratio: 0.34%Inclusive of GST
Exit loadExit load of 0.25%, if redeemed within 30 days.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns 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 terms
Check past data
Minimum investment amountsMin. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported
Fund managementPuneet 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
PGIM India Dynamic Bond Direct Plan Growth
PGIM India Midcap Opportunities Fund Direct Growth
PGIM India Flexi Cap Fund Direct Growth
PGIM India ELSS Tax Saver Fund Direct Growth
PGIM India Short Duration Fund Direct Growth
PGIM India Liquid Fund Direct Plan Growth
PGIM India Large Cap Fund Direct Plan Growth
PGIM India Corporate Bond Direct Plan Growth
PGIM India Ultra Short Duration Direct Growth
PGIM India Equity Savings Fund Direct Growth
PGIM India Hybrid Equity Fund Direct Plan Growth
PGIM India Low Duration Fund Direct Plan Growth
PGIM India Gilt Direct Plan Growth
DHFL Pramerica Floating Rate Fund Direct Plan Growth
PGIM India Banking & PSU Debt Fund Direct Growth
DHFL Pramerica Strategic Debt Fund Direct Growth
DHFL Pramerica Medium Term Fund Direct Growth
PGIM India Arbitrage Fund Direct Growth
PGIM India Credit Risk Fund Direct Growth
PGIM India Overnight Fund Direct Growth
PGIM India Money Market Fund Direct Growth
PGIM India Balanced Advantage Fund Direct Growth
PGIM India Small Cap Fund Direct Growth
PGIM India CRISIL IBX Gilt Index Apr 2028 Fund Direct Growth
Hitash Dang
May 2017 - Present
View details
Education
Mr. Dang is Bcom and MBA (PGDBA)
Experience
Prior to joining PGIM India Mutual Fund he has worked in Jaypee Capital Service Ltd. in Institutional Sales in Equity Markets and Multiflex Lami Print Ltd. in Business development.
Also manages these schemes
PGIM India Equity Savings Fund Direct Growth
PGIM India Arbitrage Fund Direct Growth
PGIM India Balanced Advantage Fund Direct Growth
Fund house & investment objective
PGIM India Mutual Fund
Rank (total assets)#26 in India
Total AUM₹16,371.27Cr
Date of Incorporation13 May 2010
 PGIM India Arbitrage Fund Direct IDCW is a Hybrid Mutual Fund Scheme launched by PGIM India Mutual Fund. This scheme was made available to investors on 13 May 2010. Utkarsh Katkoria, Hitash Dang is the Current Fund Manager of PGIM India Arbitrage Fund Direct IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹16,371 Cr and the Latest NAV as of 06 Dec 2023 is ₹12.34.
The PGIM India Arbitrage Fund Direct IDCW is rated Low risk. Minimum SIP Investment is set to ₹1,000. Exit load of 0.25%, if redeemed within 30 days.
;
Investment ObjectiveThe scheme seeks 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.
;
Fund benchmarkNIFTY 50 Arbitrage Total Return Index
Scheme Information Document(SID)
Fund house contact details
Address
4th Floor, C Wing,Laxmi Towers,Bandra Kurla Complex, Bandra (East), Mumbai 400051
Phone
022-61593000 / 1800-266-2667
Launch Date
13 May 2010
E-mail
[email protected]
Website
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
www.karvymfs.com
Compare funds
PGIM India Arbitrage Fund Direct IDCW
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Add mutual fund to compare

	1Y	3Y	5Y	All
Fund returns	7.6%	5.4%	5.4%	6.2%
Category average	7.2%	4.8%	4.9%	NA
Rank with in category	22	18	15	NA

Name	Sector	Instrument	Assets
PGIM India Liquid Fund Direct Plan-Growth	NA	Mutual Fund	12.9%
Grasim Industries Ltd.	Construction	Equity	7.1%
HDFC Bank Ltd.	Financial	Equity	6.9%
ICICI Bank Ltd.	Financial	Equity	6.8%
Reliance Industries Ltd.	Energy	Equity	6.2%
Zee Entertainment Enterprises Ltd.	Services	Equity	5.4%
Torrent Pharmaceuticals Ltd.	Healthcare	Equity	4.1%
Ambuja Cements Ltd.	Construction	Equity	3.6%
Reserve Bank of India	Financial	T-Bills	3.2%
Reserve Bank of India	Financial	T-Bills	3.2%

Rank (total assets)	#26 in India
Total AUM	₹16,371.27Cr

Date of Incorporation	13 May 2010

Fund benchmark	NIFTY 50 Arbitrage Total Return Index

Vaishnavi Tech Park, 3rd & 4th Floor
Sarjapur Main Road, Bellandur
Bengaluru – 560103
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Min. for 1st investment	Not Supported
Min. for 2nd investment onwards	Not Supported

Rating	2
Fund size	₹153.43Cr

PGIM India Arbitrage Fund Direct IDCW

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (45)

Disclaimer

Pros and cons

Pros

Cons

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.34%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Puneet PalApr 2022 - PresentView details

Hitash DangMay 2017 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Puneet Pal
Apr 2022 - Present
View details

Hitash Dang
May 2017 - Present
View details