Parag Parikh Arbitrage Fund

The fund details shown here are of the Growth Plan option and belongs to the Hybrid, Arbitrage Fund category.

The NAV for Parag Parikh Arbitrage Fund Fund is 10.401 as of 15 May 2024. NAV or Net Asset Value, is a crucial metric in the context of mutual funds. It represents the per - unit market value of a mutual fund scheme. NAV is calculated by the fund house on every business day and is a key factor in determining the value of an investor's holdings in the mutual fund.

This fund has given % annualized return for the last 3 years.

At present Parag Parikh Arbitrage Fund has not been rated by us.

  • 1M
  • 3M
  • 6M
  • 1YR
  • 3YR
  • 5YR
  • 10YR
  • Since Inception

Performance

Monthly SIP of      for

Below table shows comparison of Parag Parikh Arbitrage Fund with respect to the investments in Fixed Deposit and Gold for the Total investment of 36,000 over the period of 3 years.

Total Value Gain Return %
Bank FD

39,824

3,824

6.5%
Gold

40,770

4,770

8.00%

Fund Information

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  • Parag Parikh Arbitrage Fund shown here is of Growth plan.

  • The Total Expense Ratio (TER) of the fund is %. The Total Expense Ratio (TER) is a measure that represents the total costs associated with managing and operating a mutual fund as a percentage of its average Assets under Management (AUM). It provides an insight into the overall expenses they will incur by investing in the fund.

  • Parag Parikh Arbitrage Fund is an Hybrid oriented mutual fund in the - Arbitrage Fund category.

  • is the benchmark for Parag Parikh Arbitrage Fund. A benchmark for a mutual fund serves as a standard for performance comparison, helping investors assess how well the fund is meeting its objectives and how it fares against relevant market indicators. Investors often compare the fund's performance with the benchmark as well as its peers.

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  • Name of the AMC is PPFAS Mutual Fund. Click here to know more about PPFAS Mutual Fund.

Fund Managed By

Fund managers make investment decisions, optimizing returns and managing risks for portfolios. Responsibilities include market analysis, performance monitoring. Parag Parikh Arbitrage Fund managed by following fund manager(s);

How does the Return Comparison of the Parag Parikh Arbitrage Fund fare against peer funds in the Arbitrage fund category?

Peer fund returns can vary based on the collaborative nature and specific strategies employed by fund managers of these funds listed in below table, often showcasing different risk-return profiles compared to strategy adopted by Parag Parikh Arbitrage Fund. Below table demonstrate the returns generated by some peer funds and compare tho this fund and average return generate by the Hybrid, Arbitrage fund category these peer funds belongs to.

Fund Name 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 1.06% 5.50% 5.50% 7.90% 8.52% 8.81% 7.72% 6.23%
Category Average 0.94% 4.56% 4.74% 6.31% 5.09% 4.63% 5.05% 5.94%
Parag Parikh Arbitrage Fund 0.51% 1.92% 3.87% - - - - - -
SBI Arbitrage Opportunities Fund 0.51% 1.87% 3.80% - - - - -
Invesco India Arbitrage Fund 0.52% 1.86% 3.84% - - - - -
Kotak Equity Arbitrage Fund 0.53% 1.94% 3.98% 7.96% 6.73% 5.85% 5.37% 6.10%
Edelweiss Arbitrage Fund 0.50% 1.87% 3.91% 7.76% 6.53% 5.69% 5.31% -
Edelweiss Arbitrage Fund 0.50% 1.87% 3.91% 7.76% 6.53% 5.69% 5.31% -

Fund Portfolio Details

Portfolio details of a fund generally refer to a comprehensive breakdown of the investments held within a specific investment vehicle, such as a mutual fund or exchange-traded fund (ETF). Portfolio details of Parag Parikh Arbitrage Fund are shown below;

Equity -

Debt %

Others 0.00%

Riskometer