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PGIM India Arbitrage Fund Direct IDCW Monthly

Hybrid
Arbitrage
Low Risk
Payout
4.72%
3Y annualised
-0.05% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 20 May 2022₹10.54
Min. SIP amount₹1,000
Rating2
Fund size₹136.73Cr

Returns and rankings

Category: Hybrid Arbitrage
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns4.2%4.7%5.4%6.2%
Category average3.3%4.7%5.2%NA
Rank with in category151513NA
Understand terms

Holdings (39)

NameSectorInstrumentAssets
PGIM India Liquid Fund Direct Plan-Growth
FinancialMutual Fund18.1%
Adani Ports and Special Economic Zone Ltd.ServicesEquity8.8%
Tata Consultancy Services Ltd.TechnologyEquity5.4%
Reliance Industries Ltd.EnergyEquity4.8%
Multi Commodity Exchange Of India Ltd.ServicesEquity4.5%
Adani Enterprises Ltd.ServicesEquity4.1%
Reserve Bank of India
FinancialT-Bills3.6%
Reserve Bank of India
FinancialT-Bills3.6%
Tata Steel Ltd.Metals & MiningEquity3.6%
Dr. Reddy's Laboratories Ltd.HealthcareEquity3.1%
See All

Pros and cons

Category: Hybrid Arbitrage

Pros

Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
Higher alpha: 1.64 The fund has generated returns higher than benchmark - NIFTY 50 Arbitrage TRI - in the last 3Y
Exit load is zero
Lower expense ratio: 0.25%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Cons

Lower AUM: 136Cr. Funds with lower AUM tend to have higher expense ratio
Low rating: 2

Expense ratio, exit load and tax

Expense ratio: 0.25%

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 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 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

Fund house & investment objective

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
Website
NA
Amc Image
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,

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FAQs

How to Invest in PGIM India Arbitrage Fund Direct IDCW Monthly?

You can easily invest in PGIM India Arbitrage Fund Direct IDCW Monthly 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 Monthly 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 Monthly as SIP or lumpsum as per your investment objective and risk tolerance

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

The PGIM India Arbitrage Fund Direct IDCW Monthly has been there from 27 Aug 2014 and the average annual returns provided by this fund is 4.23% since its inception.

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

The term Expense Ratio used for PGIM India Arbitrage Fund Direct IDCW Monthly 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 Monthly is 0.25% as of 22 May 2022...

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

The AUM, short for Assets Under Management of PGIM India Arbitrage Fund Direct IDCW Monthly is ₹136.73Cr as of 22 May 2022.

How to Redeem PGIM India Arbitrage Fund Direct IDCW Monthly?

If you want to sell your PGIM India Arbitrage Fund Direct IDCW Monthly 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 Monthly?

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

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

The NAV of PGIM India Arbitrage Fund Direct IDCW Monthly is ₹10.54 as of 20 May 2022.

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

The PE ratio ratio of PGIM India Arbitrage Fund Direct IDCW Monthly 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).

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