Fund Performance
Lumpsum
SIP
2.83
as on 20 Mar 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 10,872 today.
NAV Performance
Fund Information
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₹ 12.385
as on 20 Mar 2023 -
Regular - Growth
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-
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₹ 5,000
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₹ 7 Cr.
as on 31 Dec 2021 -
0.85%
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21 Apr 2016
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Nifty 50
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Principal Mutual Fund
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Highlights of this fund
Principal 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 21 Apr 2016. This fund is offered by one of the top AMC (Assets Management Company) Principal Mutual Fund. You can also view here all other Hybrid funds offered by Principal Mutual Fund.
Latest NAV of the fund is ₹ 12.385 as on 20 Mar 2023.
This fund has 6 years of track record. Since 30 Nov 2021 expense ratio of this fund is 0.85%. 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 capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market instruments.
List of Fund Managers of Principal Arbitrage Fund
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About Rajat Jain
In his 29-years of work experience in Investment Management, Rajat Jain has been associated with Principal Mutual Fund for 16 years now. At present, he monitors the investments of Principal Mutual Fund and leads the overall portfolio strategy. Prior to this, he was the Chief Investment Officer at SBI Mutual Fund. Rajat holds a Bachelor’s degree in Mechanical Engineering from NIT, Allahabad and a PGDM from IIM, Lucknow.
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 | 0.45% | 1.74% | 3.21% | 5.60% | 4.69% | 4.31% | 5.05% | 6.26% | 5.99% | 5.18% | 4.73% | 4.72% | 5.46% |
| Category Average | 0.36% | 1.50% | 2.64% | 4.34% | 3.93% | 3.76% | 4.61% | 6.01% | 5.17% | 4.36% | 4.05% | 4.28% | 5.21% |
| Principal Arbitrage Fund | 0.45%₹ 10,045 | 1.68%₹ 10,167 | 2.79%₹ 10,278 | 4.66%₹ 10,466 | 5.29%₹ 12,339 | 3.47%₹ 10,707 | 4.07%₹ 25,020 | 2.83%₹ 10,872 | 3.52%₹ 37,982 | 2.27%₹ 11,186 | 3.02%₹ 64,772 | - | - |
| Invesco India Arbitrage Fund | 0.36%₹ 10,035 | 1.69%₹ 10,169 | 3.21%₹ 10,320 | 5.60%₹ 10,559 | 5.99%₹ 12,383 | 4.69%₹ 10,960 | 5.18%₹ 25,303 | 4.31%₹ 11,350 | 4.73%₹ 38,680 | 4.94%₹ 12,727 | 4.72%₹ 67,605 | 5.99%₹ 17,895 | 5.35%₹ 1,57,800 |
| Kotak Equity Arbitrage Fund | 0.43%₹ 10,042 | 1.71%₹ 10,171 | 3.04%₹ 10,304 | 5.08%₹ 10,508 | 5.66%₹ 12,362 | 4.57%₹ 10,936 | 4.89%₹ 25,228 | 4.30%₹ 11,345 | 4.58%₹ 38,596 | 5.05%₹ 12,792 | 4.70%₹ 67,560 | 6.26%₹ 18,366 | 5.46%₹ 1,58,712 |
| Edelweiss Arbitrage Fund | 0.42%₹ 10,042 | 1.68%₹ 10,167 | 2.97%₹ 10,296 | 4.90%₹ 10,489 | 5.48%₹ 12,351 | 4.43%₹ 10,907 | 4.74%₹ 25,190 | 4.21%₹ 11,316 | 4.43%₹ 38,510 | 5.00%₹ 12,762 | 4.62%₹ 67,433 | - | - |
| Tata Arbitrage Fund | 0.35%₹ 10,035 | 1.63%₹ 10,162 | 2.88%₹ 10,288 | 4.68%₹ 10,467 | 5.29%₹ 12,339 | 4.22%₹ 10,862 | 4.47%₹ 25,122 | 4.18%₹ 11,308 | 4.26%₹ 38,410 | - | - | - | - |
| ICICI Prudential Equity Arbitrage Fund | 0.40%₹ 10,040 | 1.64%₹ 10,164 | 2.91%₹ 10,291 | 4.81%₹ 10,481 | 5.43%₹ 12,348 | 4.36%₹ 10,891 | 4.64%₹ 25,164 | 4.17%₹ 11,303 | 4.36%₹ 38,466 | 4.90%₹ 12,703 | 4.51%₹ 67,250 | 6.16%₹ 18,182 | 5.31%₹ 1,57,494 |
Portfolio Holdings
Top Sector Holdings of Principal Arbitrage Fund
| Name of Sector | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Banks | 16.22% | ₹ 14.45 Cr. |
| Steel | 5.72% | ₹ 5.43 Cr. |
| Computers - Software | 6.01% | ₹ 5.35 Cr. |
| Refineries/Marketing | 5.65% | ₹ 5.03 Cr. |
| Housing Finance | 5.39% | ₹ 4.79 Cr. |
| Others | 61.01% | - |
Top Stock Holdings of Principal Arbitrage Fund
| Name of Stocks | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Axis Bank Ltd. | 9.33% | ₹ 8.31 Cr. |
| Reliance Industries Ltd. | 5.65% | ₹ 5.03 Cr. |
| Jindal Steel & Power Ltd. | 3.81% | ₹ 3.40 Cr. |
| State Bank Of India | 3.49% | ₹ 3.11 Cr. |
| Hindustan Unilever Ltd. | 3.26% | ₹ 2.90 Cr. |
| Others | 74.46% | - |
Top Debt Instrument Type holdings of Principal Arbitrage Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| T-Bills | 0.23% | ₹ .21 Cr. |
| Others | 99.77% | - |
Top Debt Holdings of Principal Arbitrage Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - T-Bill | 0.23% | ₹ .21 Cr. |
| Others | 99.77% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| Margin | 23.84% |
| Net Receivables | 5.48% |
| TREPS | 2.48% |
| Reverse Repo | 1.34% |