Sharpe ratio
-0.38Return earned for the risk taken.
Negative
Negative means the fund has not rewarded investors well for the risk taken recently.
+6.50%1Y Absolute Return
-0.07%1D
Loading NAV history…
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 |
|---|---|---|---|---|
| PGIM India Arbitrage Fund - Direct Plan - GrowthFund 5Y annualised return | ₹8,57,829 | ₹7,32,612 | ₹1,25,217 | +6.54% |
| 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₹1.06
₹1 Lakh since launch₹1.06 Lakh
Fund age10.7 yrs
Fund information
Scheme code138875
ISININF223J013N7
BenchmarkNIFTY 50 Arbitrage TRI
CategoryHybrid Scheme - Arbitrage Fund
Expense ratio1.15%
Exit loadExit load of 0.25%, if redeemed within 30 days.
Minimum SIP₹1,000 SIP
Return comparison
38th / 163 in category| Period | Fund | Benchmark | Category avg |
|---|---|---|---|
| 1M | +7.84% | — | — |
| 3M | +6.41% | — | — |
| 6M | +6.31% | — | — |
| 1Y | +6.50% | — | +4.86% |
| 3Y | +7.04% | — | +5.29% |
| 5Y | +6.54% | — | +5.25% |
| 10Y | +6.09% | — | — |
| Since Launch | +6.11% | — | — |
Risk-adjusted performance
Every measure is expanded with a plain-language reading of the latest calculated value.
Sortino ratio
-0.73Return earned while limiting downside risk.
Negative
Negative means downside losses have outweighed the returns.
Standard deviation
1.55%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
8.57How 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 Equity70.74%
Debt28.49%
Cash1.10%
Market cap allocation
Sector allocation
Equity exposure by sector
Top holdings
10 of 49 disclosed positions
| Holding | Sector | Instrument type | Weight |
|---|---|---|---|
| Net Receivables | Unspecified | Net Receivables | 72.42% |
| DHFL Pramerica Insta Cash Plus Direct Plan-Growth | Unspecified | Mutual Fund | 11.98% |
| HDFC Bank Ltd | Financial | Equity | 9.9% |
| Reliance Industries Ltd | Energy & Utilities | Equity | 6.52% |
| Vodafone Idea Ltd | Technology | Equity | 5.81% |
| Titan Company Ltd | Consumer Discretionary | Equity | 5.72% |
| Others CBLO | Unspecified | CBLO | 5.38% |
| GOVERNMENT OF INDIA 37449 182 DAYS TBILL 19NV26 FV RS 100 | Financial | Treasury Bills | 5.19% |
| Havells India Ltd | Consumer Discretionary | Equity | 4.98% |
| ICICI Bank Ltd | Financial | Equity | 4.19% |
Fund management
CH
Chetan Chavan
Since 2024 · Prior to joining PGIM India Mutual Fund, he was associated with Bajaj Finserv Mutual Fund, Mahindra Manulife Investment Management Private Limited and Invesco Asset Management (India) Private Limited.
Mr. Chavan has done B.Com
PU
Puneet Pal
Since 2022 · Prior to joining PGIM India Mutual Fund, he has worked with BNP Paribas AMC as Head Fixed Income, UTI AMC as Sr. Vice President & Fund Manager & TATA AMC as Fund Manager.
Mr. Pal is a B.Com (H) and MBA from SIBM Pune.
Compare similar funds
No comparable category funds are available yet.
Summary
A low-risk hybrid scheme - arbitrage fund. Ranks 38 of 163 in its category over 1 year. Returns depend on cash-futures spreads and can temporarily fall below liquid-fund levels.
Strengths
- Ranks 38 of 163 in its category over 1 year.
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.