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Parag Parikh Arbitrage Fund Direct Growth
AlternativeArbitrage FundLow Risk
Direct
NAV (21-Feb-25)
₹11.020.04%1D
Returns (Since Inception)
7.54%
Rated ★4.3+ on 
Fund Overview
Fund Size
₹1,204 Cr
Expense Ratio
0.30%
ISIN
INF879O01225
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
23 Oct 2023
About this fund
Parag Parikh Arbitrage Fund Direct Growth is a Arbitrage Fund mutual fund schemes offered by PPFAS Mutual Fund. This fund has been in existence for 1 years, 3 months and 30 days, having been launched on 23-Oct-23.
As of 21-Feb-25, it has a Net Asset Value (NAV) of ₹11.02, Assets Under Management (AUM) of 1204.44 Crores, and an expense ratio of 0.3%.
As of 21-Feb-25, it has a Net Asset Value (NAV) of ₹11.02, Assets Under Management (AUM) of 1204.44 Crores, and an expense ratio of 0.3%.
- Parag Parikh Arbitrage Fund Direct Growth has given a CAGR return of 7.54% since inception.
- The fund's asset allocation comprises around -0.32% in equities, 0.40% in debts, and 99.89% in cash & cash equivalents.
- You can start investing in Parag Parikh Arbitrage Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+7.53%
+6.85% (Cat Avg.)
Since Inception
+7.54%
— (Cat Avg.)
Portfolio Summaryas of 31st January 2025
| Equity | ₹-3.83 Cr | -0.32% |
| Debt | ₹4.83 Cr | 0.40% |
| Others | ₹1,203.44 Cr | 99.92% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Net Receivables / (Payables) | Cash | ₹811.92 Cr | 67.41% |
| Parag Parikh Liquid Dir Gr | Mutual Fund - Open End | ₹140.17 Cr | 11.64% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-71.25 Cr | 5.92% |
| Reliance Industries Ltd | Equity | ₹70.97 Cr | 5.89% |
| ICICI Bank Limited | Cash - CD/Time Deposit | ₹38.6 Cr | 3.20% |
| Future on Axis Bank Ltd | Equity - Future | ₹-37.44 Cr | 3.11% |
| Axis Bank Ltd | Equity | ₹37.23 Cr | 3.09% |
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹34.74 Cr | 2.88% |
| Future on IndusInd Bank Ltd | Equity - Future | ₹-32.19 Cr | 2.67% |
| IndusInd Bank Ltd | Equity | ₹31.97 Cr | 2.65% |
| Future on Punjab National Bank | Equity - Future | ₹-28.43 Cr | 2.36% |
| Punjab National Bank | Equity | ₹28.26 Cr | 2.35% |
| Future on Bank of Baroda | Equity - Future | ₹-27.92 Cr | 2.32% |
| Bank of Baroda | Equity | ₹27.84 Cr | 2.31% |
| Future on Tata Power Co Ltd | Equity - Future | ₹-26.22 Cr | 2.18% |
| Future on Bajaj Finance Ltd | Equity - Future | ₹-26.17 Cr | 2.17% |
| Tata Power Co Ltd | Equity | ₹26.08 Cr | 2.17% |
| Bajaj Finance Ltd | Equity | ₹26.02 Cr | 2.16% |
| Future on State Bank of India | Equity - Future | ₹-25.14 Cr | 2.09% |
| State Bank of India | Equity | ₹25.04 Cr | 2.08% |
| Future on Mahindra & Mahindra Ltd | Equity - Future | ₹-24.66 Cr | 2.05% |
| Future on Bharat Electronics Ltd | Equity - Future | ₹-24.66 Cr | 2.05% |
| Bharat Electronics Ltd | Equity | ₹24.6 Cr | 2.04% |
| Mahindra & Mahindra Ltd | Equity | ₹24.49 Cr | 2.03% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹24.48 Cr | 2.03% |
| Tata Motors Ltd | Equity | ₹24.3 Cr | 2.02% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹24.29 Cr | 2.02% |
| Tata Motors Limited February 2025 Future | Equity - Future | ₹-24.17 Cr | 2.01% |
| Canara Bank | Cash - CD/Time Deposit | ₹23.93 Cr | 1.99% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹23.5 Cr | 1.95% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹23.43 Cr | 1.95% |
| Future on GMR Airports Ltd | Equity - Future | ₹-22.87 Cr | 1.90% |
| GMR Airports Ltd | Equity | ₹22.73 Cr | 1.89% |
| Future on Larsen & Toubro Ltd | Equity - Future | ₹-22.24 Cr | 1.85% |
| Larsen & Toubro Ltd | Equity | ₹22.15 Cr | 1.84% |
| Future on Tata Steel Ltd | Equity - Future | ₹-20.82 Cr | 1.73% |
| Tata Steel Ltd | Equity | ₹20.73 Cr | 1.72% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹19.49 Cr | 1.62% |
| ICICI Bank Ltd | Equity | ₹19.38 Cr | 1.61% |
| Kotak Mahindra Bank Limited | Cash - CD/Time Deposit | ₹19.3 Cr | 1.60% |
| Future on Hindustan Aeronautics Ltd Ordinary Shares | Equity - Future | ₹-19.16 Cr | 1.59% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹19.01 Cr | 1.58% |
| Future on Kotak Mahindra Bank Ltd | Equity - Future | ₹-18.81 Cr | 1.56% |
| Kotak Mahindra Bank Ltd | Equity | ₹18.71 Cr | 1.55% |
| Future on Canara Bank | Equity - Future | ₹-18.07 Cr | 1.50% |
| Canara Bank | Equity | ₹18.01 Cr | 1.49% |
| Icici Bank Limited February 2025 Future | Equity - Future | ₹-17.16 Cr | 1.43% |
| Future on Hindalco Industries Ltd | Equity - Future | ₹-16.42 Cr | 1.36% |
| Hindalco Industries Ltd | Equity | ₹16.31 Cr | 1.35% |
| Future on Bandhan Bank Ltd | Equity - Future | ₹-15.78 Cr | 1.31% |
| Bandhan Bank Ltd | Equity | ₹15.68 Cr | 1.30% |
| Future on Vodafone Idea Ltd | Equity - Future | ₹-15.29 Cr | 1.27% |
| Infosys Limited February 2025 Future | Equity - Future | ₹-15.26 Cr | 1.27% |
| Vodafone Idea Ltd | Equity | ₹15.24 Cr | 1.27% |
| Infosys Ltd | Equity | ₹15.19 Cr | 1.26% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹14.69 Cr | 1.22% |
| Oil & Natural Gas Corp Ltd | Equity | ₹13.35 Cr | 1.11% |
| Future on Oil & Natural Gas Corp Ltd | Equity - Future | ₹-13.22 Cr | 1.10% |
| Future on DLF Ltd | Equity - Future | ₹-12.49 Cr | 1.04% |
| DLF Ltd | Equity | ₹12.42 Cr | 1.03% |
| Future on Bharti Airtel Ltd | Equity - Future | ₹-12.42 Cr | 1.03% |
| Bharti Airtel Ltd | Equity | ₹12.36 Cr | 1.03% |
| Titan Company Limited February 2025 Future | Equity - Future | ₹-12.34 Cr | 1.02% |
| Titan Co Ltd | Equity | ₹12.28 Cr | 1.02% |
| HDFC Bank Ltd | Equity | ₹12.24 Cr | 1.02% |
| Future on Jio Financial Services Ltd | Equity - Future | ₹-9.72 Cr | 0.81% |
| Jio Financial Services Ltd | Equity | ₹9.61 Cr | 0.80% |
| Future on Aditya Birla Fashion and Retail Ltd | Equity - Future | ₹-8.94 Cr | 0.74% |
| Aditya Birla Fashion and Retail Ltd | Equity | ₹8.9 Cr | 0.74% |
| Future on Bharat Heavy Electricals Ltd | Equity - Future | ₹-8.87 Cr | 0.74% |
| Bharat Heavy Electricals Ltd | Equity | ₹8.85 Cr | 0.73% |
| Future on TVS Motor Co Ltd | Equity - Future | ₹-8.28 Cr | 0.69% |
| TVS Motor Co Ltd | Equity | ₹8.26 Cr | 0.69% |
| Future on Granules India Ltd | Equity - Future | ₹-8.17 Cr | 0.68% |
| Granules India Ltd | Equity | ₹8.12 Cr | 0.67% |
| Future on Coromandel International Ltd | Equity - Future | ₹-7.87 Cr | 0.65% |
| Coromandel International Ltd | Equity | ₹7.85 Cr | 0.65% |
| Biocon Limited February 2025 Future | Equity - Future | ₹-7.85 Cr | 0.65% |
| Future on HDFC Life Insurance Co Ltd | Equity - Future | ₹-7.83 Cr | 0.65% |
| Biocon Ltd | Equity | ₹7.79 Cr | 0.65% |
| Vedanta Limited February 2025 Future | Equity - Future | ₹-7.79 Cr | 0.65% |
| HDFC Life Insurance Co Ltd | Equity | ₹7.79 Cr | 0.65% |
| Vedanta Ltd | Equity | ₹7.77 Cr | 0.64% |
| Future on Cholamandalam Investment and Finance Co Ltd | Equity - Future | ₹-7.35 Cr | 0.61% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹7.31 Cr | 0.61% |
| Future on City Union Bank Ltd | Equity - Future | ₹-7.24 Cr | 0.60% |
| City Union Bank Ltd | Equity | ₹7.21 Cr | 0.60% |
| Future on Hindustan Copper Ltd | Equity - Future | ₹-6.79 Cr | 0.56% |
| Hindustan Copper Ltd | Equity | ₹6.78 Cr | 0.56% |
| Hdfc Bank Limited February 2025 Future | Equity - Future | ₹-6.76 Cr | 0.56% |
| Future on Aditya Birla Capital Ltd | Equity - Future | ₹-5.93 Cr | 0.49% |
| Aditya Birla Capital Ltd | Equity | ₹5.91 Cr | 0.49% |
| Future on Grasim Industries Ltd | Equity - Future | ₹-5.86 Cr | 0.49% |
| Grasim Industries Ltd | Equity | ₹5.83 Cr | 0.48% |
| The Indian Hotels Company Limited February 2025 Future | Equity - Future | ₹-5.69 Cr | 0.47% |
| Future on Bajaj Auto Ltd | Equity - Future | ₹-5.67 Cr | 0.47% |
| Indian Hotels Co Ltd | Equity | ₹5.66 Cr | 0.47% |
| Bajaj Auto Ltd | Equity | ₹5.64 Cr | 0.47% |
| Hdfc Bank Limited March 2025 Future | Equity - Future | ₹-5.57 Cr | 0.46% |
| Rec Limited March 2025 Future | Equity - Future | ₹-5.31 Cr | 0.44% |
| REC Ltd | Equity | ₹5.31 Cr | 0.44% |
| Future on Steel Authority Of India Ltd | Equity - Future | ₹-5.27 Cr | 0.44% |
| Steel Authority Of India Ltd | Equity | ₹5.24 Cr | 0.44% |
| Indian Railway Catering And Tourism Corp Ltd | Equity | ₹5.11 Cr | 0.42% |
| Future on Indian Railway Catering And Tourism Corp Ltd | Equity - Future | ₹-5.1 Cr | 0.42% |
| Kotak Mahindra Bank Limited | Cash - CD/Time Deposit | ₹4.9 Cr | 0.41% |
| 364 DTB 15082025 | Bond - Gov't/Treasury | ₹4.83 Cr | 0.40% |
| Future on Zydus Lifesciences Ltd | Equity - Future | ₹-4.47 Cr | 0.37% |
| Zydus Lifesciences Ltd | Equity | ₹4.45 Cr | 0.37% |
| Cipla Ltd | Equity | ₹4.42 Cr | 0.37% |
| Future on Aarti Industries Ltd | Equity - Future | ₹-4.03 Cr | 0.33% |
| Aarti Industries Ltd | Equity | ₹4 Cr | 0.33% |
| Cipla Limited February 2025 Future | Equity - Future | ₹-3.96 Cr | 0.33% |
| Future on HCL Technologies Ltd | Equity - Future | ₹-3.91 Cr | 0.32% |
| HCL Technologies Ltd | Equity | ₹3.87 Cr | 0.32% |
| Ntpc Limited February 2025 Future | Equity - Future | ₹-3.71 Cr | 0.31% |
| NTPC Ltd | Equity | ₹3.69 Cr | 0.31% |
| Future on Indus Towers Ltd Ordinary Shares | Equity - Future | ₹-3.38 Cr | 0.28% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹3.36 Cr | 0.28% |
| Future on Samvardhana Motherson International Ltd | Equity - Future | ₹-3.29 Cr | 0.27% |
| Samvardhana Motherson International Ltd | Equity | ₹3.26 Cr | 0.27% |
| Indian Oil Corporation Limited February 2025 Future | Equity - Future | ₹-2.96 Cr | 0.25% |
| Indian Oil Corp Ltd | Equity | ₹2.94 Cr | 0.24% |
| Power Grid Corp Of India Ltd | Equity | ₹2.93 Cr | 0.24% |
| Future on Power Grid Corp Of India Ltd | Equity - Future | ₹-2.91 Cr | 0.24% |
| Nmdc Limited February 2025 Future | Equity - Future | ₹-2.69 Cr | 0.22% |
| NMDC Ltd | Equity | ₹2.68 Cr | 0.22% |
| Future on Exide Industries Ltd | Equity - Future | ₹-2.51 Cr | 0.21% |
| Exide Industries Ltd | Equity | ₹2.49 Cr | 0.21% |
| Future on Bajaj Finserv Ltd | Equity - Future | ₹-2.45 Cr | 0.20% |
| Bajaj Finserv Ltd | Equity | ₹2.43 Cr | 0.20% |
| Future on Crompton Greaves Consumer Electricals Ltd | Equity - Future | ₹-2.36 Cr | 0.20% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹2.35 Cr | 0.20% |
| Icici Bank Limited March 2025 Future | Equity - Future | ₹-2.3 Cr | 0.19% |
| Future on Navin Fluorine International Ltd | Equity - Future | ₹-2.05 Cr | 0.17% |
| Navin Fluorine International Ltd | Equity | ₹2.03 Cr | 0.17% |
| Future on United Spirits Ltd | Equity - Future | ₹-1.95 Cr | 0.16% |
| United Spirits Ltd | Equity | ₹1.94 Cr | 0.16% |
| Future on Abbott India Ltd | Equity - Future | ₹-1.78 Cr | 0.15% |
| Abbott India Ltd | Equity | ₹1.78 Cr | 0.15% |
| Future on One97 Communications Ltd | Equity - Future | ₹-1.67 Cr | 0.14% |
| Future on Dabur India Ltd | Equity - Future | ₹-1.67 Cr | 0.14% |
| One97 Communications Ltd | Equity | ₹1.66 Cr | 0.14% |
| Dabur India Ltd | Equity | ₹1.66 Cr | 0.14% |
| Future on IRB Infrastructure Developers Ltd | Equity - Future | ₹-1.65 Cr | 0.14% |
| IRB Infrastructure Developers Ltd | Equity | ₹1.65 Cr | 0.14% |
| Future on Jubilant Foodworks Ltd | Equity - Future | ₹-1.59 Cr | 0.13% |
| Future on GAIL (India) Ltd | Equity - Future | ₹-1.59 Cr | 0.13% |
| Jubilant Foodworks Ltd | Equity | ₹1.58 Cr | 0.13% |
| GAIL (India) Ltd | Equity | ₹1.58 Cr | 0.13% |
| ITC Ltd | Equity | ₹1.58 Cr | 0.13% |
| Future on LIC Housing Finance Ltd | Equity - Future | ₹-1.57 Cr | 0.13% |
| Itc Limited February 2025 Future | Equity - Future | ₹-1.56 Cr | 0.13% |
| Future on Shriram Finance Ltd | Equity - Future | ₹-1.56 Cr | 0.13% |
| LIC Housing Finance Ltd | Equity | ₹1.56 Cr | 0.13% |
| Shriram Finance Ltd | Equity | ₹1.55 Cr | 0.13% |
| Future on SBI Life Insurance Co Ltd | Equity - Future | ₹-1.4 Cr | 0.12% |
| SBI Life Insurance Co Ltd | Equity | ₹1.39 Cr | 0.12% |
| Future on Central Depository Services (India) Ltd | Equity - Future | ₹-1.34 Cr | 0.11% |
| Central Depository Services (India) Ltd | Equity | ₹1.33 Cr | 0.11% |
| Future on Godrej Properties Ltd | Equity - Future | ₹-1.26 Cr | 0.10% |
| Godrej Properties Ltd | Equity | ₹1.26 Cr | 0.10% |
| LTIMindtree Ltd | Equity | ₹1.06 Cr | 0.09% |
| Future on LTIMindtree Ltd | Equity - Future | ₹-1.06 Cr | 0.09% |
| Future on Apollo Hospitals Enterprise Ltd | Equity - Future | ₹-1.03 Cr | 0.09% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹1.02 Cr | 0.08% |
| The Ramco Cements Limited February 2025 Future | Equity - Future | ₹-1.02 Cr | 0.08% |
| Ramco Cements Ltd | Equity | ₹1.01 Cr | 0.08% |
| Future on Info Edge (India) Ltd | Equity - Future | ₹-0.99 Cr | 0.08% |
| Info Edge (India) Ltd | Equity | ₹0.98 Cr | 0.08% |
| Future on JSW Steel Ltd | Equity - Future | ₹-0.96 Cr | 0.08% |
| JSW Steel Ltd | Equity | ₹0.96 Cr | 0.08% |
| Future on Tata Chemicals Ltd | Equity - Future | ₹-0.87 Cr | 0.07% |
| Tata Chemicals Ltd | Equity | ₹0.87 Cr | 0.07% |
| Future on Sun Pharmaceuticals Industries Ltd | Equity - Future | ₹-0.85 Cr | 0.07% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹0.85 Cr | 0.07% |
| Future on Jindal Steel & Power Ltd | Equity - Future | ₹-0.74 Cr | 0.06% |
| Jindal Steel & Power Ltd | Equity | ₹0.74 Cr | 0.06% |
| Future on Eicher Motors Ltd | Equity - Future | ₹-0.73 Cr | 0.06% |
| Eicher Motors Ltd | Equity | ₹0.73 Cr | 0.06% |
| Future on HDFC Asset Management Co Ltd | Equity - Future | ₹-0.64 Cr | 0.05% |
| HDFC Asset Management Co Ltd | Equity | ₹0.64 Cr | 0.05% |
| Future on Asian Paints Ltd | Equity - Future | ₹-0.55 Cr | 0.05% |
| Asian Paints Ltd | Equity | ₹0.55 Cr | 0.05% |
| Future on Bharat Forge Ltd | Equity - Future | ₹-0.55 Cr | 0.05% |
| Bharat Forge Ltd | Equity | ₹0.55 Cr | 0.05% |
| Future on Glenmark Pharmaceuticals Ltd | Equity - Future | ₹-0.52 Cr | 0.04% |
| Glenmark Pharmaceuticals Ltd | Equity | ₹0.52 Cr | 0.04% |
| Future on Pidilite Industries Ltd | Equity - Future | ₹-0.51 Cr | 0.04% |
| Pidilite Industries Ltd | Equity | ₹0.5 Cr | 0.04% |
| Cipla Limited March 2025 Future | Equity - Future | ₹-0.49 Cr | 0.04% |
| Future on Zomato Ltd | Equity - Future | ₹-0.44 Cr | 0.04% |
| Zomato Ltd | Equity | ₹0.44 Cr | 0.04% |
| Future on Aurobindo Pharma Ltd | Equity - Future | ₹-0.32 Cr | 0.03% |
| Aurobindo Pharma Ltd | Equity | ₹0.32 Cr | 0.03% |
| Mahanagar Gas Ltd | Equity | ₹0.28 Cr | 0.02% |
| Future on Mahanagar Gas Ltd | Equity - Future | ₹-0.27 Cr | 0.02% |
| Future on Lupin Ltd | Equity - Future | ₹-0.27 Cr | 0.02% |
| Voltas Limited February 2025 Future | Equity - Future | ₹-0.27 Cr | 0.02% |
| Lupin Ltd | Equity | ₹0.27 Cr | 0.02% |
| Voltas Ltd | Equity | ₹0.26 Cr | 0.02% |
| Upl Limited February 2025 Future | Equity - Future | ₹-0.25 Cr | 0.02% |
| UPL Ltd | Equity | ₹0.25 Cr | 0.02% |
| Marico Limited February 2025 Future | Equity - Future | ₹-0.24 Cr | 0.02% |
| Marico Ltd | Equity | ₹0.24 Cr | 0.02% |
| Tata Motors Limited March 2025 Future | Equity - Future | ₹-0.24 Cr | 0.02% |
| Future on PI Industries Ltd | Equity - Future | ₹-0.22 Cr | 0.02% |
| PI Industries Ltd | Equity | ₹0.22 Cr | 0.02% |
| Future on Tata Communications Ltd | Equity - Future | ₹-0.2 Cr | 0.02% |
| Tata Communications Ltd | Equity | ₹0.2 Cr | 0.02% |
| Atul Limited February 2025 Future | Equity - Future | ₹-0.19 Cr | 0.02% |
| Future on Varun Beverages Ltd | Equity - Future | ₹-0.19 Cr | 0.02% |
| Atul Ltd | Equity | ₹0.19 Cr | 0.02% |
| Varun Beverages Ltd | Equity | ₹0.19 Cr | 0.02% |
| Future on Housing & Urban Development Corp Ltd | Equity - Future | ₹-0.17 Cr | 0.01% |
| Housing & Urban Development Corp Ltd | Equity | ₹0.17 Cr | 0.01% |
| Future on Godrej Consumer Products Ltd | Equity - Future | ₹-0.11 Cr | 0.01% |
| Godrej Consumer Products Ltd | Equity | ₹0.11 Cr | 0.01% |
| Cesc Limited February 2025 Future | Equity - Future | ₹-0.04 Cr | 0.00% |
| CESC Ltd | Equity | ₹0.04 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
40.78%
Mid Cap Stocks
22.67%
Small Cap Stocks
10.12%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹312.57 Cr | 25.95% |
| Industrials | ₹104.37 Cr | 8.67% |
| Consumer Cyclical | ₹100.93 Cr | 8.38% |
| Energy | ₹87.26 Cr | 7.25% |
| Basic Materials | ₹84.51 Cr | 7.02% |
| Utilities | ₹34.61 Cr | 2.87% |
| Communication Services | ₹32.15 Cr | 2.67% |
| Healthcare | ₹29.56 Cr | 2.45% |
| Technology | ₹21.78 Cr | 1.81% |
| Real Estate | ₹13.67 Cr | 1.14% |
| Consumer Defensive | ₹5.72 Cr | 0.47% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
0.85%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
0.03
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.31
Higher the better
Fund Managers
RM
Raj Mehta
Since October 2023
Rajeev Thakkar
Since October 2023
Raunak Onkar
Since October 2023
RT
Rukun Tarachandani
Since October 2023
MK
Mansi Kariya
Since December 2023
Additional Scheme Detailsas of 31st January 2025
ISIN INF879O01225 | Expense Ratio 0.30% | Exit Load No Charges | Fund Size ₹1,204 Cr | Age 1 year 3 months | Lumpsum Minimum ₹1,000 | Fund Status Open Ended Investment Company | Benchmark NIFTY 50 Arbitrage TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Arbitrage Fund Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Sundaram Arbitrage Fund Regular Growth Low Risk | 1.0% | 0.0% | ₹215.76 Cr | 7.0% |
| Sundaram Arbitrage Fund Direct Growth Low Risk | 0.3% | 0.0% | ₹215.76 Cr | 7.7% |
| Bank of India Arbitrage Fund Direct Growth Low Risk | 0.5% | 0.0% | ₹43.60 Cr | 7.5% |
| Bank of India Arbitrage Fund Regular Growth Low Risk | 0.9% | 0.0% | ₹43.60 Cr | 6.8% |
| Mirae Asset Arbitrage Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹2900.03 Cr | 8.0% |
| Mirae Asset Arbitrage Fund Regular Growth Low Risk | 0.9% | 0.0% | ₹2900.03 Cr | 7.1% |
| Tata Arbitrage Fund Regular Growth Low Risk | 1.1% | 0.0% | ₹12921.02 Cr | 7.2% |
| Tata Arbitrage Fund Direct Growth Low Risk | 0.3% | 0.0% | ₹12921.02 Cr | 8.0% |
| Mahindra Manulife Arbitrage Fund Direct Growth Low Risk | 0.4% | 0.0% | ₹108.11 Cr | 6.7% |
| Mahindra Manulife Arbitrage Fund Regular Growth Low Risk | 1.2% | 0.0% | ₹108.11 Cr | 5.9% |
About the AMC
PPFAS Mutual Fund
Total AUM
₹97,875 Cr
Address
Great Western Building, 1st Floor, Mumbai, 400 001
Other Funds by PPFAS Mutual Fund
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| Parag Parikh Arbitrage Fund Direct Growth Low Risk | 0.3% | 0.0% | ₹1204.44 Cr | 7.5% |
| Parag Parikh Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹2256.94 Cr | 7.0% |
| Parag Parikh Conservative Hybrid Fund Direct Growth Moderately High risk | 0.3% | 1.0% | ₹2397.73 Cr | 9.2% |
| Parag Parikh Flexi Cap Fund Direct Growth Very High Risk | 0.6% | 2.0% | ₹87539.41 Cr | 14.5% |
| Parag Parikh Tax Saver Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹4572.13 Cr | 11.6% |
Risk Level
Your principal amount will be at Low Risk
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What is the current NAV of Parag Parikh Arbitrage Fund Direct Growth?
The NAV of Parag Parikh Arbitrage Fund Direct Growth, as of 21-Feb-2025, is ₹11.02.
What is the portfolio composition of Parag Parikh Arbitrage Fund Direct Growth?
The fund's allocation of assets is distributed as -0.32% in equities, 0.40% in bonds, and 99.89% in cash and cash equivalents.
Who manages the Parag Parikh Arbitrage Fund Direct Growth?
The fund managers responsible for Parag Parikh Arbitrage Fund Direct Growth are:-
- Raj Mehta
- Rajeev Thakkar
- Raunak Onkar
- Rukun Tarachandani
- Mansi Kariya
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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
Parag Parikh Arbitrage Fund Direct Growth
AlternativeArbitrage FundLow Risk
Direct
NAV (21-Feb-25)
₹11.020.04%1D
Returns (Since Inception)
7.54%
Rated ★4.3+ on
Fund Overview
Fund Size
₹1,204 Cr
Expense Ratio
0.30%
ISIN
INF879O01225
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
23 Oct 2023
Risk Level
Your principal amount will be at Low Risk
About this fund
Parag Parikh Arbitrage Fund Direct Growth is a Arbitrage Fund mutual fund schemes offered by PPFAS Mutual Fund. This fund has been in existence for 1 years, 3 months and 30 days, having been launched on 23-Oct-23.
As of 21-Feb-25, it has a Net Asset Value (NAV) of ₹11.02, Assets Under Management (AUM) of 1204.44 Crores, and an expense ratio of 0.3%.
As of 21-Feb-25, it has a Net Asset Value (NAV) of ₹11.02, Assets Under Management (AUM) of 1204.44 Crores, and an expense ratio of 0.3%.
- Parag Parikh Arbitrage Fund Direct Growth has given a CAGR return of 7.54% since inception.
- The fund's asset allocation comprises around -0.32% in equities, 0.40% in debts, and 99.89% in cash & cash equivalents.
- You can start investing in Parag Parikh Arbitrage Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+7.53%
+6.85% (Cat Avg.)
Since Inception
+7.54%
— (Cat Avg.)
Portfolio Summaryas of 31st January 2025
| Equity | ₹-3.83 Cr | -0.32% |
| Debt | ₹4.83 Cr | 0.40% |
| Others | ₹1,203.44 Cr | 99.92% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type | Amount | Holdings |
|---|---|---|---|
| Net Receivables / (Payables) | Cash | ₹811.92 Cr | 67.41% |
| Parag Parikh Liquid Dir Gr | Mutual Fund - Open End | ₹140.17 Cr | 11.64% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-71.25 Cr | 5.92% |
| Reliance Industries Ltd | Equity | ₹70.97 Cr | 5.89% |
| ICICI Bank Limited | Cash - CD/Time Deposit | ₹38.6 Cr | 3.20% |
| Future on Axis Bank Ltd | Equity - Future | ₹-37.44 Cr | 3.11% |
| Axis Bank Ltd | Equity | ₹37.23 Cr | 3.09% |
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹34.74 Cr | 2.88% |
| Future on IndusInd Bank Ltd | Equity - Future | ₹-32.19 Cr | 2.67% |
| IndusInd Bank Ltd | Equity | ₹31.97 Cr | 2.65% |
| Future on Punjab National Bank | Equity - Future | ₹-28.43 Cr | 2.36% |
| Punjab National Bank | Equity | ₹28.26 Cr | 2.35% |
| Future on Bank of Baroda | Equity - Future | ₹-27.92 Cr | 2.32% |
| Bank of Baroda | Equity | ₹27.84 Cr | 2.31% |
| Future on Tata Power Co Ltd | Equity - Future | ₹-26.22 Cr | 2.18% |
| Future on Bajaj Finance Ltd | Equity - Future | ₹-26.17 Cr | 2.17% |
| Tata Power Co Ltd | Equity | ₹26.08 Cr | 2.17% |
| Bajaj Finance Ltd | Equity | ₹26.02 Cr | 2.16% |
| Future on State Bank of India | Equity - Future | ₹-25.14 Cr | 2.09% |
| State Bank of India | Equity | ₹25.04 Cr | 2.08% |
| Future on Mahindra & Mahindra Ltd | Equity - Future | ₹-24.66 Cr | 2.05% |
| Future on Bharat Electronics Ltd | Equity - Future | ₹-24.66 Cr | 2.05% |
| Bharat Electronics Ltd | Equity | ₹24.6 Cr | 2.04% |
| Mahindra & Mahindra Ltd | Equity | ₹24.49 Cr | 2.03% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹24.48 Cr | 2.03% |
| Tata Motors Ltd | Equity | ₹24.3 Cr | 2.02% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹24.29 Cr | 2.02% |
| Tata Motors Limited February 2025 Future | Equity - Future | ₹-24.17 Cr | 2.01% |
| Canara Bank | Cash - CD/Time Deposit | ₹23.93 Cr | 1.99% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹23.5 Cr | 1.95% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹23.43 Cr | 1.95% |
| Future on GMR Airports Ltd | Equity - Future | ₹-22.87 Cr | 1.90% |
| GMR Airports Ltd | Equity | ₹22.73 Cr | 1.89% |
| Future on Larsen & Toubro Ltd | Equity - Future | ₹-22.24 Cr | 1.85% |
| Larsen & Toubro Ltd | Equity | ₹22.15 Cr | 1.84% |
| Future on Tata Steel Ltd | Equity - Future | ₹-20.82 Cr | 1.73% |
| Tata Steel Ltd | Equity | ₹20.73 Cr | 1.72% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹19.49 Cr | 1.62% |
| ICICI Bank Ltd | Equity | ₹19.38 Cr | 1.61% |
| Kotak Mahindra Bank Limited | Cash - CD/Time Deposit | ₹19.3 Cr | 1.60% |
| Future on Hindustan Aeronautics Ltd Ordinary Shares | Equity - Future | ₹-19.16 Cr | 1.59% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹19.01 Cr | 1.58% |
| Future on Kotak Mahindra Bank Ltd | Equity - Future | ₹-18.81 Cr | 1.56% |
| Kotak Mahindra Bank Ltd | Equity | ₹18.71 Cr | 1.55% |
| Future on Canara Bank | Equity - Future | ₹-18.07 Cr | 1.50% |
| Canara Bank | Equity | ₹18.01 Cr | 1.49% |
| Icici Bank Limited February 2025 Future | Equity - Future | ₹-17.16 Cr | 1.43% |
| Future on Hindalco Industries Ltd | Equity - Future | ₹-16.42 Cr | 1.36% |
| Hindalco Industries Ltd | Equity | ₹16.31 Cr | 1.35% |
| Future on Bandhan Bank Ltd | Equity - Future | ₹-15.78 Cr | 1.31% |
| Bandhan Bank Ltd | Equity | ₹15.68 Cr | 1.30% |
| Future on Vodafone Idea Ltd | Equity - Future | ₹-15.29 Cr | 1.27% |
| Infosys Limited February 2025 Future | Equity - Future | ₹-15.26 Cr | 1.27% |
| Vodafone Idea Ltd | Equity | ₹15.24 Cr | 1.27% |
| Infosys Ltd | Equity | ₹15.19 Cr | 1.26% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹14.69 Cr | 1.22% |
| Oil & Natural Gas Corp Ltd | Equity | ₹13.35 Cr | 1.11% |
| Future on Oil & Natural Gas Corp Ltd | Equity - Future | ₹-13.22 Cr | 1.10% |
| Future on DLF Ltd | Equity - Future | ₹-12.49 Cr | 1.04% |
| DLF Ltd | Equity | ₹12.42 Cr | 1.03% |
| Future on Bharti Airtel Ltd | Equity - Future | ₹-12.42 Cr | 1.03% |
| Bharti Airtel Ltd | Equity | ₹12.36 Cr | 1.03% |
| Titan Company Limited February 2025 Future | Equity - Future | ₹-12.34 Cr | 1.02% |
| Titan Co Ltd | Equity | ₹12.28 Cr | 1.02% |
| HDFC Bank Ltd | Equity | ₹12.24 Cr | 1.02% |
| Future on Jio Financial Services Ltd | Equity - Future | ₹-9.72 Cr | 0.81% |
| Jio Financial Services Ltd | Equity | ₹9.61 Cr | 0.80% |
| Future on Aditya Birla Fashion and Retail Ltd | Equity - Future | ₹-8.94 Cr | 0.74% |
| Aditya Birla Fashion and Retail Ltd | Equity | ₹8.9 Cr | 0.74% |
| Future on Bharat Heavy Electricals Ltd | Equity - Future | ₹-8.87 Cr | 0.74% |
| Bharat Heavy Electricals Ltd | Equity | ₹8.85 Cr | 0.73% |
| Future on TVS Motor Co Ltd | Equity - Future | ₹-8.28 Cr | 0.69% |
| TVS Motor Co Ltd | Equity | ₹8.26 Cr | 0.69% |
| Future on Granules India Ltd | Equity - Future | ₹-8.17 Cr | 0.68% |
| Granules India Ltd | Equity | ₹8.12 Cr | 0.67% |
| Future on Coromandel International Ltd | Equity - Future | ₹-7.87 Cr | 0.65% |
| Coromandel International Ltd | Equity | ₹7.85 Cr | 0.65% |
| Biocon Limited February 2025 Future | Equity - Future | ₹-7.85 Cr | 0.65% |
| Future on HDFC Life Insurance Co Ltd | Equity - Future | ₹-7.83 Cr | 0.65% |
| Biocon Ltd | Equity | ₹7.79 Cr | 0.65% |
| Vedanta Limited February 2025 Future | Equity - Future | ₹-7.79 Cr | 0.65% |
| HDFC Life Insurance Co Ltd | Equity | ₹7.79 Cr | 0.65% |
| Vedanta Ltd | Equity | ₹7.77 Cr | 0.64% |
| Future on Cholamandalam Investment and Finance Co Ltd | Equity - Future | ₹-7.35 Cr | 0.61% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹7.31 Cr | 0.61% |
| Future on City Union Bank Ltd | Equity - Future | ₹-7.24 Cr | 0.60% |
| City Union Bank Ltd | Equity | ₹7.21 Cr | 0.60% |
| Future on Hindustan Copper Ltd | Equity - Future | ₹-6.79 Cr | 0.56% |
| Hindustan Copper Ltd | Equity | ₹6.78 Cr | 0.56% |
| Hdfc Bank Limited February 2025 Future | Equity - Future | ₹-6.76 Cr | 0.56% |
| Future on Aditya Birla Capital Ltd | Equity - Future | ₹-5.93 Cr | 0.49% |
| Aditya Birla Capital Ltd | Equity | ₹5.91 Cr | 0.49% |
| Future on Grasim Industries Ltd | Equity - Future | ₹-5.86 Cr | 0.49% |
| Grasim Industries Ltd | Equity | ₹5.83 Cr | 0.48% |
| The Indian Hotels Company Limited February 2025 Future | Equity - Future | ₹-5.69 Cr | 0.47% |
| Future on Bajaj Auto Ltd | Equity - Future | ₹-5.67 Cr | 0.47% |
| Indian Hotels Co Ltd | Equity | ₹5.66 Cr | 0.47% |
| Bajaj Auto Ltd | Equity | ₹5.64 Cr | 0.47% |
| Hdfc Bank Limited March 2025 Future | Equity - Future | ₹-5.57 Cr | 0.46% |
| Rec Limited March 2025 Future | Equity - Future | ₹-5.31 Cr | 0.44% |
| REC Ltd | Equity | ₹5.31 Cr | 0.44% |
| Future on Steel Authority Of India Ltd | Equity - Future | ₹-5.27 Cr | 0.44% |
| Steel Authority Of India Ltd | Equity | ₹5.24 Cr | 0.44% |
| Indian Railway Catering And Tourism Corp Ltd | Equity | ₹5.11 Cr | 0.42% |
| Future on Indian Railway Catering And Tourism Corp Ltd | Equity - Future | ₹-5.1 Cr | 0.42% |
| Kotak Mahindra Bank Limited | Cash - CD/Time Deposit | ₹4.9 Cr | 0.41% |
| 364 DTB 15082025 | Bond - Gov't/Treasury | ₹4.83 Cr | 0.40% |
| Future on Zydus Lifesciences Ltd | Equity - Future | ₹-4.47 Cr | 0.37% |
| Zydus Lifesciences Ltd | Equity | ₹4.45 Cr | 0.37% |
| Cipla Ltd | Equity | ₹4.42 Cr | 0.37% |
| Future on Aarti Industries Ltd | Equity - Future | ₹-4.03 Cr | 0.33% |
| Aarti Industries Ltd | Equity | ₹4 Cr | 0.33% |
| Cipla Limited February 2025 Future | Equity - Future | ₹-3.96 Cr | 0.33% |
| Future on HCL Technologies Ltd | Equity - Future | ₹-3.91 Cr | 0.32% |
| HCL Technologies Ltd | Equity | ₹3.87 Cr | 0.32% |
| Ntpc Limited February 2025 Future | Equity - Future | ₹-3.71 Cr | 0.31% |
| NTPC Ltd | Equity | ₹3.69 Cr | 0.31% |
| Future on Indus Towers Ltd Ordinary Shares | Equity - Future | ₹-3.38 Cr | 0.28% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹3.36 Cr | 0.28% |
| Future on Samvardhana Motherson International Ltd | Equity - Future | ₹-3.29 Cr | 0.27% |
| Samvardhana Motherson International Ltd | Equity | ₹3.26 Cr | 0.27% |
| Indian Oil Corporation Limited February 2025 Future | Equity - Future | ₹-2.96 Cr | 0.25% |
| Indian Oil Corp Ltd | Equity | ₹2.94 Cr | 0.24% |
| Power Grid Corp Of India Ltd | Equity | ₹2.93 Cr | 0.24% |
| Future on Power Grid Corp Of India Ltd | Equity - Future | ₹-2.91 Cr | 0.24% |
| Nmdc Limited February 2025 Future | Equity - Future | ₹-2.69 Cr | 0.22% |
| NMDC Ltd | Equity | ₹2.68 Cr | 0.22% |
| Future on Exide Industries Ltd | Equity - Future | ₹-2.51 Cr | 0.21% |
| Exide Industries Ltd | Equity | ₹2.49 Cr | 0.21% |
| Future on Bajaj Finserv Ltd | Equity - Future | ₹-2.45 Cr | 0.20% |
| Bajaj Finserv Ltd | Equity | ₹2.43 Cr | 0.20% |
| Future on Crompton Greaves Consumer Electricals Ltd | Equity - Future | ₹-2.36 Cr | 0.20% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹2.35 Cr | 0.20% |
| Icici Bank Limited March 2025 Future | Equity - Future | ₹-2.3 Cr | 0.19% |
| Future on Navin Fluorine International Ltd | Equity - Future | ₹-2.05 Cr | 0.17% |
| Navin Fluorine International Ltd | Equity | ₹2.03 Cr | 0.17% |
| Future on United Spirits Ltd | Equity - Future | ₹-1.95 Cr | 0.16% |
| United Spirits Ltd | Equity | ₹1.94 Cr | 0.16% |
| Future on Abbott India Ltd | Equity - Future | ₹-1.78 Cr | 0.15% |
| Abbott India Ltd | Equity | ₹1.78 Cr | 0.15% |
| Future on One97 Communications Ltd | Equity - Future | ₹-1.67 Cr | 0.14% |
| Future on Dabur India Ltd | Equity - Future | ₹-1.67 Cr | 0.14% |
| One97 Communications Ltd | Equity | ₹1.66 Cr | 0.14% |
| Dabur India Ltd | Equity | ₹1.66 Cr | 0.14% |
| Future on IRB Infrastructure Developers Ltd | Equity - Future | ₹-1.65 Cr | 0.14% |
| IRB Infrastructure Developers Ltd | Equity | ₹1.65 Cr | 0.14% |
| Future on Jubilant Foodworks Ltd | Equity - Future | ₹-1.59 Cr | 0.13% |
| Future on GAIL (India) Ltd | Equity - Future | ₹-1.59 Cr | 0.13% |
| Jubilant Foodworks Ltd | Equity | ₹1.58 Cr | 0.13% |
| GAIL (India) Ltd | Equity | ₹1.58 Cr | 0.13% |
| ITC Ltd | Equity | ₹1.58 Cr | 0.13% |
| Future on LIC Housing Finance Ltd | Equity - Future | ₹-1.57 Cr | 0.13% |
| Itc Limited February 2025 Future | Equity - Future | ₹-1.56 Cr | 0.13% |
| Future on Shriram Finance Ltd | Equity - Future | ₹-1.56 Cr | 0.13% |
| LIC Housing Finance Ltd | Equity | ₹1.56 Cr | 0.13% |
| Shriram Finance Ltd | Equity | ₹1.55 Cr | 0.13% |
| Future on SBI Life Insurance Co Ltd | Equity - Future | ₹-1.4 Cr | 0.12% |
| SBI Life Insurance Co Ltd | Equity | ₹1.39 Cr | 0.12% |
| Future on Central Depository Services (India) Ltd | Equity - Future | ₹-1.34 Cr | 0.11% |
| Central Depository Services (India) Ltd | Equity | ₹1.33 Cr | 0.11% |
| Future on Godrej Properties Ltd | Equity - Future | ₹-1.26 Cr | 0.10% |
| Godrej Properties Ltd | Equity | ₹1.26 Cr | 0.10% |
| LTIMindtree Ltd | Equity | ₹1.06 Cr | 0.09% |
| Future on LTIMindtree Ltd | Equity - Future | ₹-1.06 Cr | 0.09% |
| Future on Apollo Hospitals Enterprise Ltd | Equity - Future | ₹-1.03 Cr | 0.09% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹1.02 Cr | 0.08% |
| The Ramco Cements Limited February 2025 Future | Equity - Future | ₹-1.02 Cr | 0.08% |
| Ramco Cements Ltd | Equity | ₹1.01 Cr | 0.08% |
| Future on Info Edge (India) Ltd | Equity - Future | ₹-0.99 Cr | 0.08% |
| Info Edge (India) Ltd | Equity | ₹0.98 Cr | 0.08% |
| Future on JSW Steel Ltd | Equity - Future | ₹-0.96 Cr | 0.08% |
| JSW Steel Ltd | Equity | ₹0.96 Cr | 0.08% |
| Future on Tata Chemicals Ltd | Equity - Future | ₹-0.87 Cr | 0.07% |
| Tata Chemicals Ltd | Equity | ₹0.87 Cr | 0.07% |
| Future on Sun Pharmaceuticals Industries Ltd | Equity - Future | ₹-0.85 Cr | 0.07% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹0.85 Cr | 0.07% |
| Future on Jindal Steel & Power Ltd | Equity - Future | ₹-0.74 Cr | 0.06% |
| Jindal Steel & Power Ltd | Equity | ₹0.74 Cr | 0.06% |
| Future on Eicher Motors Ltd | Equity - Future | ₹-0.73 Cr | 0.06% |
| Eicher Motors Ltd | Equity | ₹0.73 Cr | 0.06% |
| Future on HDFC Asset Management Co Ltd | Equity - Future | ₹-0.64 Cr | 0.05% |
| HDFC Asset Management Co Ltd | Equity | ₹0.64 Cr | 0.05% |
| Future on Asian Paints Ltd | Equity - Future | ₹-0.55 Cr | 0.05% |
| Asian Paints Ltd | Equity | ₹0.55 Cr | 0.05% |
| Future on Bharat Forge Ltd | Equity - Future | ₹-0.55 Cr | 0.05% |
| Bharat Forge Ltd | Equity | ₹0.55 Cr | 0.05% |
| Future on Glenmark Pharmaceuticals Ltd | Equity - Future | ₹-0.52 Cr | 0.04% |
| Glenmark Pharmaceuticals Ltd | Equity | ₹0.52 Cr | 0.04% |
| Future on Pidilite Industries Ltd | Equity - Future | ₹-0.51 Cr | 0.04% |
| Pidilite Industries Ltd | Equity | ₹0.5 Cr | 0.04% |
| Cipla Limited March 2025 Future | Equity - Future | ₹-0.49 Cr | 0.04% |
| Future on Zomato Ltd | Equity - Future | ₹-0.44 Cr | 0.04% |
| Zomato Ltd | Equity | ₹0.44 Cr | 0.04% |
| Future on Aurobindo Pharma Ltd | Equity - Future | ₹-0.32 Cr | 0.03% |
| Aurobindo Pharma Ltd | Equity | ₹0.32 Cr | 0.03% |
| Mahanagar Gas Ltd | Equity | ₹0.28 Cr | 0.02% |
| Future on Mahanagar Gas Ltd | Equity - Future | ₹-0.27 Cr | 0.02% |
| Future on Lupin Ltd | Equity - Future | ₹-0.27 Cr | 0.02% |
| Voltas Limited February 2025 Future | Equity - Future | ₹-0.27 Cr | 0.02% |
| Lupin Ltd | Equity | ₹0.27 Cr | 0.02% |
| Voltas Ltd | Equity | ₹0.26 Cr | 0.02% |
| Upl Limited February 2025 Future | Equity - Future | ₹-0.25 Cr | 0.02% |
| UPL Ltd | Equity | ₹0.25 Cr | 0.02% |
| Marico Limited February 2025 Future | Equity - Future | ₹-0.24 Cr | 0.02% |
| Marico Ltd | Equity | ₹0.24 Cr | 0.02% |
| Tata Motors Limited March 2025 Future | Equity - Future | ₹-0.24 Cr | 0.02% |
| Future on PI Industries Ltd | Equity - Future | ₹-0.22 Cr | 0.02% |
| PI Industries Ltd | Equity | ₹0.22 Cr | 0.02% |
| Future on Tata Communications Ltd | Equity - Future | ₹-0.2 Cr | 0.02% |
| Tata Communications Ltd | Equity | ₹0.2 Cr | 0.02% |
| Atul Limited February 2025 Future | Equity - Future | ₹-0.19 Cr | 0.02% |
| Future on Varun Beverages Ltd | Equity - Future | ₹-0.19 Cr | 0.02% |
| Atul Ltd | Equity | ₹0.19 Cr | 0.02% |
| Varun Beverages Ltd | Equity | ₹0.19 Cr | 0.02% |
| Future on Housing & Urban Development Corp Ltd | Equity - Future | ₹-0.17 Cr | 0.01% |
| Housing & Urban Development Corp Ltd | Equity | ₹0.17 Cr | 0.01% |
| Future on Godrej Consumer Products Ltd | Equity - Future | ₹-0.11 Cr | 0.01% |
| Godrej Consumer Products Ltd | Equity | ₹0.11 Cr | 0.01% |
| Cesc Limited February 2025 Future | Equity - Future | ₹-0.04 Cr | 0.00% |
| CESC Ltd | Equity | ₹0.04 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
40.78%
Mid Cap Stocks
22.67%
Small Cap Stocks
10.12%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹312.57 Cr | 25.95% |
| Industrials | ₹104.37 Cr | 8.67% |
| Consumer Cyclical | ₹100.93 Cr | 8.38% |
| Energy | ₹87.26 Cr | 7.25% |
| Basic Materials | ₹84.51 Cr | 7.02% |
| Utilities | ₹34.61 Cr | 2.87% |
| Communication Services | ₹32.15 Cr | 2.67% |
| Healthcare | ₹29.56 Cr | 2.45% |
| Technology | ₹21.78 Cr | 1.81% |
| Real Estate | ₹13.67 Cr | 1.14% |
| Consumer Defensive | ₹5.72 Cr | 0.47% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
0.85%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
0.03
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.31
Higher the better
Fund Managers
RM
Raj Mehta
Since October 2023
Rajeev Thakkar
Since October 2023
Raunak Onkar
Since October 2023
RT
Rukun Tarachandani
Since October 2023
MK
Mansi Kariya
Since December 2023
Additional Scheme Detailsas of 31st January 2025
ISIN INF879O01225 | Expense Ratio 0.30% | Exit Load No Charges | Fund Size ₹1,204 Cr | Age 1 year 3 months | Lumpsum Minimum ₹1,000 | Fund Status Open Ended Investment Company | Benchmark NIFTY 50 Arbitrage TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
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|---|---|---|---|---|
| Sundaram Arbitrage Fund Regular Growth Low Risk | 1.0% | 0.0% | ₹215.76 Cr | 7.0% |
| Sundaram Arbitrage Fund Direct Growth Low Risk | 0.3% | 0.0% | ₹215.76 Cr | 7.7% |
| Bank of India Arbitrage Fund Direct Growth Low Risk | 0.5% | 0.0% | ₹43.60 Cr | 7.5% |
| Bank of India Arbitrage Fund Regular Growth Low Risk | 0.9% | 0.0% | ₹43.60 Cr | 6.8% |
| Mirae Asset Arbitrage Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹2900.03 Cr | 8.0% |
| Mirae Asset Arbitrage Fund Regular Growth Low Risk | 0.9% | 0.0% | ₹2900.03 Cr | 7.1% |
| Tata Arbitrage Fund Regular Growth Low Risk | 1.1% | 0.0% | ₹12921.02 Cr | 7.2% |
| Tata Arbitrage Fund Direct Growth Low Risk | 0.3% | 0.0% | ₹12921.02 Cr | 8.0% |
| Mahindra Manulife Arbitrage Fund Direct Growth Low Risk | 0.4% | 0.0% | ₹108.11 Cr | 6.7% |
| Mahindra Manulife Arbitrage Fund Regular Growth Low Risk | 1.2% | 0.0% | ₹108.11 Cr | 5.9% |
About the AMC
PPFAS Mutual Fund
Total AUM
₹97,875 Cr
Address
Great Western Building, 1st Floor, Mumbai, 400 001
Other Funds by PPFAS Mutual Fund
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| Parag Parikh Arbitrage Fund Direct Growth Low Risk | 0.3% | 0.0% | ₹1204.44 Cr | 7.5% |
| Parag Parikh Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹2256.94 Cr | 7.0% |
| Parag Parikh Conservative Hybrid Fund Direct Growth Moderately High risk | 0.3% | 1.0% | ₹2397.73 Cr | 9.2% |
| Parag Parikh Flexi Cap Fund Direct Growth Very High Risk | 0.6% | 2.0% | ₹87539.41 Cr | 14.5% |
| Parag Parikh Tax Saver Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹4572.13 Cr | 11.6% |
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Parag Parikh Arbitrage Fund Direct Growth?
The NAV of Parag Parikh Arbitrage Fund Direct Growth, as of 21-Feb-2025, is ₹11.02.
What is the portfolio composition of Parag Parikh Arbitrage Fund Direct Growth?
The fund's allocation of assets is distributed as -0.32% in equities, 0.40% in bonds, and 99.89% in cash and cash equivalents.
Who manages the Parag Parikh Arbitrage Fund Direct Growth?
The fund managers responsible for Parag Parikh Arbitrage Fund Direct Growth are:-
- Raj Mehta
- Rajeev Thakkar
- Raunak Onkar
- Rukun Tarachandani
- Mansi Kariya
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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
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