Fund Performance
Lumpsum
SIP
3.63
as on 01 Dec 20223 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,132 today.
NAV Performance
Fund Information
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₹ 15.470
as on 01 Dec 2022 -
Regular - Growth
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-
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₹ 5,000
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₹ 138 Cr.
as on 31 Dec 2021 -
0.98%
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27 Aug 2014
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Nifty 50
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PGIM india Mutual Fund
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Highlights of this fund
PGIM India Arbitrage Fund is an Open-ended Hybrid Fund. The fund belongs to Arbitrage Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 27 Aug 2014. This fund is offered by one of the top AMC (Assets Management Company) PGIM india Mutual Fund. You can also view here all other Hybrid funds offered by PGIM india Mutual Fund.
Latest NAV of the fund is ₹ 15.470 as on 01 Dec 2022.
This fund has 8 years of track record. Since 30 Nov 2021 expense ratio of this fund is 0.98%. Ideally you shoulds compare this fund with the benchmark Nifty 50.
You can invest in this fund in SIP with the minimum investment of ₹ 500. Lumpsum invest is offered with minimum investment of ₹ 5,000.
Fund Objective
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.
List of Fund Managers of PGIM India Arbitrage Fund
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About Kumaresh Ramakrishnan
Mr. Ramakrishnan is a B.E from Mumbai University and MBA from NMIMS (Mumbai). Prior to joining PGIM India Mutual Fund he has worked with DWS AMC, Societe Generale and CARE.
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About Utkarsh Katkoria
Mr. Katkoria is a Bachelor in Finance and an MBA. Prior to joining DHFL Pramerica Mutual Fund he was associated with DWS Mutual Fund (July 2014-March 2016), Reliance Industries Limited (May 2011-July 2014) and JM Financials Limited (Sep 2005-June 2009).
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About Hitash Dang
Mr. Dang is Bcom and MBA (PGDBA) Prior to joining DHFL Pramerica Mutual Fund he has worked in Jaypee Capital Service Ltd. in Institutional Sales in Equity Markets and Multiflex Lami Print Ltd. in Business development.
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Low Risk
Fund Return Comparison
| Fund Name | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 0.49% | 1.36% | 2.35% | 4.54% | 4.12% | 4.12% | 5.01% | 6.32% | 4.79% | 4.38% | 4.16% | 4.46% | 5.43% |
| Category Average | 0.33% | 1.03% | 1.75% | 3.29% | 3.43% | 3.61% | 4.55% | 6.07% | 3.66% | 3.56% | 3.50% | 4.04% | 5.18% |
| PGIM India Arbitrage Fund | 0.35%₹ 10,034 | 1.07%₹ 10,106 | 1.74%₹ 10,174 | 3.31%₹ 10,331 | 3.51%₹ 12,226 | 3.56%₹ 10,724 | 3.51%₹ 24,881 | 3.63%₹ 11,132 | 3.51%₹ 37,981 | 4.45%₹ 12,434 | 3.97%₹ 66,343 | - | - |
| Invesco India Arbitrage Fund | 0.44%₹ 10,043 | 1.32%₹ 10,131 | 2.30%₹ 10,230 | 4.59%₹ 10,459 | 4.75%₹ 12,306 | 4.09%₹ 10,834 | 4.37%₹ 25,100 | 4.11%₹ 11,287 | 4.15%₹ 38,352 | 4.84%₹ 12,668 | 4.45%₹ 67,158 | 6.02%₹ 17,949 | 5.29%₹ 1,57,335 |
| Kotak Equity Arbitrage Fund | 0.40%₹ 10,040 | 1.13%₹ 10,113 | 1.99%₹ 10,198 | 3.99%₹ 10,399 | 4.11%₹ 12,265 | 4.04%₹ 10,823 | 4.06%₹ 25,021 | 4.10%₹ 11,284 | 4.01%₹ 38,270 | 4.94%₹ 12,730 | 4.44%₹ 67,139 | 6.31%₹ 18,448 | 5.42%₹ 1,58,402 |
| Tata Arbitrage Fund | 0.38%₹ 10,038 | 1.07%₹ 10,107 | 1.89%₹ 10,188 | 3.54%₹ 10,354 | 3.73%₹ 12,241 | 3.71%₹ 10,756 | 3.67%₹ 24,923 | 4.10%₹ 11,283 | 3.76%₹ 38,127 | - | - | - | - |
| Edelweiss Arbitrage Fund | 0.41%₹ 10,041 | 1.11%₹ 10,111 | 1.95%₹ 10,194 | 3.84%₹ 10,384 | 3.98%₹ 12,257 | 3.90%₹ 10,795 | 3.94%₹ 24,992 | 4.07%₹ 11,275 | 3.90%₹ 38,206 | 4.90%₹ 12,706 | 4.39%₹ 67,047 | - | - |
| L&T Arbitrage Opportunities Fund | 0.36%₹ 10,036 | 1.06%₹ 10,106 | 1.83%₹ 10,182 | 3.44%₹ 10,343 | 3.61%₹ 12,233 | 3.62%₹ 10,737 | 3.57%₹ 24,896 | 3.97%₹ 11,242 | 3.65%₹ 38,065 | 4.79%₹ 12,635 | 4.23%₹ 66,784 | - | - |
Portfolio Holdings
Top Sector Holdings of PGIM India Arbitrage Fund
| Name of Sector | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Banks | 18.66% | ₹ 26.72 Cr. |
| Steel | 15.92% | ₹ 22.78 Cr. |
| Pharmaceuticals | 15.52% | ₹ 22.20 Cr. |
| Port | 12.12% | ₹ 17.34 Cr. |
| Computers - Software | 8.92% | ₹ 12.78 Cr. |
| Others | 28.86% | - |
Top Stock Holdings of PGIM India Arbitrage Fund
| Name of Stocks | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Adani Ports And Special Economic Zone Ltd. | 6.06% | ₹ 8.67 Cr. |
| Adani Ports And Special Economic Zone Ltd. | 6.06% | ₹ 8.67 Cr. |
| Tata Consultancy Services Ltd. | 4.46% | ₹ 6.39 Cr. |
| Tata Consultancy Services Ltd. | 4.46% | ₹ 6.39 Cr. |
| Indusind Bank Ltd. | 4.30% | ₹ 6.16 Cr. |
| Others | 74.66% | - |
Top Debt Instrument Type holdings of PGIM India Arbitrage Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| T-Bills | 27.84% | ₹ 39.83 Cr. |
| Others | 72.16% | - |
Top Debt Holdings of PGIM India Arbitrage Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - T-Bill | 27.84% | ₹ 39.83 Cr. |
| Others | 72.16% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| Net Receivables | 139.96% |
| MF Units | 23.10% |
| TREPS | 9.66% |