Sharpe ratio
0.32Return earned for the risk taken.
Moderate
Moderate risk-adjusted returns. The reward for risk has been average.
+6.41%1Y Absolute Return
-0.09%1D
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Past performance is not an indicator of future returns.
Returns calculator comparison
Compare an illustrative investment outcome across return assumptions.
| Asset | Projected corpus | Total invested | Gain | Annual return |
|---|---|---|---|---|
| Parag Parikh Arbitrage Fund - Direct Plan GrowthFund 3Y annualised return · 5Y history unavailable | ₹8,66,156 | ₹7,32,612 | ₹1,33,544 | +6.93% |
| EPFIllustrative annual assumption | ₹8,95,132 | ₹7,32,612 | ₹1,62,520 | +8.25% |
| Residential propertyIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| PPFIllustrative annual assumption | ₹8,69,819 | ₹7,32,612 | ₹1,37,207 | +7.10% |
| Bank fixed depositIllustrative annual assumption | ₹8,56,981 | ₹7,32,612 | ₹1,24,369 | +6.50% |
| GoldIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| Savings accountIllustrative annual assumption | ₹7,86,827 | ₹7,32,612 | ₹54,215 | +3.00% |
Illustration only. Fund results use the available NAV-derived annualised return and can be negative. Reference rows are assumptions, not current quoted rates or guaranteed returns; property excludes transaction costs, taxes, and liquidity constraints. Mutual fund investments are subject to market risk.
Wealth multiple
₹1 became₹1.07
₹1 Lakh since launch₹1.07 Lakh
Fund age3.0 yrs
Fund information
Scheme code152109
ISININF879O01225
BenchmarkNIFTY 50 Arbitrage TRI
CategoryHybrid Scheme - Arbitrage Fund
Expense ratio1.00%
Exit loadExit load of 0.25%, if redeemed within 30 days.
Minimum SIP₹1,000 SIP
Return comparison
47th / 163 in category| Period | Fund | Benchmark | Category avg |
|---|---|---|---|
| 1M | +6.27% | — | — |
| 3M | +6.03% | — | — |
| 6M | +6.16% | — | — |
| 1Y | +6.41% | — | +4.86% |
| 3Y | +6.93% | — | +5.29% |
| Since Launch | +6.92% | — | — |
Risk-adjusted performance
Every measure is expanded with a plain-language reading of the latest calculated value.
Sortino ratio
0.62Return earned while limiting downside risk.
Moderate
Moderate downside risk-adjusted performance.
Standard deviation
1.48%How much the fund’s returns fluctuate over time.
Low volatility
Returns have been relatively stable.
Beta
—How closely the fund moves with the market.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Alpha
—Extra return generated above the benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Treynor ratio
—Return earned for each unit of market risk taken.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Calmar ratio
12.11How well the fund rewarded investors relative to its biggest decline.
Excellent
Excellent balance between returns and drawdowns.
Information ratio
—How consistently the fund outperformed its benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Portfolio allocation
Latest disclosed portfolio mix
Asset allocation
Portfolio100%
Hedged Equity75.02%
Debt24.27%
Cash1.10%
Market cap allocation
Sector allocation
Equity exposure by sector
Top holdings
10 of 161 disclosed positions
| Holding | Sector | Instrument type | Weight |
|---|---|---|---|
| Cash Margin | Unspecified | Cash Margin | 75.0245% |
| PPFAS Liquid Fund Direct - Growth | Unspecified | Mutual Fund | 11.0156% |
| ICICI Bank Ltd | Financial | Equity | 6.0062% |
| HDFC Bank Ltd | Financial | Equity | 5.9755% |
| Axis Bank Ltd | Financial | Equity | 5.0431% |
| Reliance Industries Ltd | Energy & Utilities | Equity | 4.7469% |
| Bharti Airtel Ltd | Technology | Equity | 4.6263% |
| Kotak Mahindra Bank Ltd | Financial | Equity | 3.9438% |
| Bharat Heavy Electricals Ltd | Industrials | Equity | 3.1102% |
| Mahindra & Mahindra Ltd | Consumer Discretionary | Equity | 2.703% |
Fund management
RA
Raunak Onkar
Since 2023 · He joined PPFAS as a research analyst. He was appointed as Head- research in the year 2011. He is working with the company as an Associate Fund Manager.
Mr.Onkar is an MMS (Finance) from the University of Mumbai.
RU
Rukun Tarachandani
Since 2023 · Prior to joining PPFAS Mutual Fund, he has worked with Kotak Mutual Fund, Goldman Sachs, Unnati Investment Management & Research Group.
Mr. Tarachandani has done B Tech (Information Technology), PGPM (Finance), CFA and CQF.
RA
Raj Mehta
Since 2023 · Beginning his career as an intern with PPFAS Mutual Fund in 2012, he swiftly moved up the ranks, and is currently part of the Fund Management team.
Mr. Mehta is a Commerce Graduate from University of Mumbai (N.M. College) ; Fellow Member of Institute of Chartered Accountants of India (ICAI) ; CFA Charter Holder.
RA
Rajeev Thakkar
Since 2023 · He has been associated with PPFAS AMC since 2013.
Mr.Thakkar is a Chartered Accountant, Cost Accountant, CFA, and CFP.
TE
Tejas Soman
Since 2025 · Prior to joining PPFAS Mutual Fund, he was associated with SBI MF, Yes Bank Limited, STCI Primary Dealership and PricewaterhouseCoopers
Mr. Soman has done B.Com from University of Mumbai and Post Graduate Program in Securities Markets - From ‘NISM’
AI
Aishwarya Dhar
Since 2025 · Prior to joining the PPFAS MF, she was associated with TATA AIA Life Insurance Co. Ltd, ManipalCigna Health Insurance Co. Ltd,
MBA - Finance
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Summary
A low-risk hybrid scheme - arbitrage fund. Returns depend on cash-futures spreads and can temporarily fall below liquid-fund levels.
Strengths
- None
Weaknesses
- None
Ideal investor
- Suited for parking money for 3–12 months or longer — an alternative to liquid funds and short-term FDs.
- Taxed as an equity fund, which may be more efficient than an FD for some tax brackets.
Risk drivers
- Cash-futures spread compression can reduce arbitrage returns.