PGIM India Arbitrage Fund
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- NAV as on 09 Oct 2026
- ₹21.2020-0.03%
- Benchmark
- Nifty 50 Arbitrage Index
- Risk
- Low
- AUM as on 30 Sep 2026
- ₹85.47 Cr
- Date of Inception
- 27 Aug 2014
- Expense Ratio (09 Oct 2026)
- 1.23%
- Ideal Holding Period
- 3 Months +
| Return Type | Annual Returns* | Current Value |
|---|---|---|
| Fund Returns | 6.39% | ₹2,11,610 |
| Benchmark Returns | 5.90% | ₹2,00,113 |
For exits beyond 30 days from the date of allotment of units: Nil
Portfolio Holdings as on 30 Sep 2026
Asset Allocation
- Hedged Equity - 75.00%
- MUTUAL FUND - 11.82%
- Debt - 10.26%
- Cash and Cash Equivalents - 2.92%
Quantitative Indicators
- Standard Deviation
- 0.01
- Sharpe ratio
- 0.20
- Beta
- 0.62
- Portfolio Turnover
- 1.33%
- Modified Duration
- 1.9 Months
- Portfolio Macaulay Duration
- 2.0 Months
- Average Maturity
- 2.0 Months
Quantitative Indicators
- Standard Deviation
- 0.01
- Sharpe ratio
- 0.20
- Beta
- 0.62
- Portfolio Turnover
- 1.33%
- Modified Duration
- 1.9 Months
- Portfolio Macaulay Duration
- 2.0 Months
- Average Maturity
- 2.0 Months
Performance
| PGIM India Arbitrage FundReturns ^Value* | Nifty 50 Arbitrage Index**Returns ^Value* | CRISIL 1 Year T-Bill Index#Returns ^Value* | |
|---|---|---|---|
| 1 Year | 6.53%₹10,653 | 7.33 %₹ 10,733 | 4.01 %₹ 10,401 |
| 3 Years | 7.03%₹12,266 | 7.42 %₹ 12,399 | 6.14 %₹ 11,960 |
| 5 Years | 6.45%₹13,671 | 6.69 %₹ 13,825 | 5.66 %₹ 13,169 |
| Since Inception | 6.39%₹21,166 | 5.90 %₹ 20,018 | 6.26 %₹ 20,860 |
- Date of Inception: Direct Plan: August 27, 2014.
- ^Above returns are CAGR - Compounded Annual Growth Rate.
- ** Scheme Benchmark. # Standard Benchmark. *Based on standard investment of Rs.10,000 made at the beginning of the relevant period.
- Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.
- Different plans have a different expense structure. The above returns are as on September 30, 2026.
- The performance provided is for Direct Plan-Growth Option.
- Click here for dividend history of the schemes
Fund Managers
Fund Details
Investment Objective
Fund Type
Investment Strategy
PGIM India Arbitrage Fund follows an actively managed investment approach. The fund invests in equity and equity-related instruments using a combination of top-down and bottom-up research. The investment team identifies sectors based on factors such as business cycles, regulatory reforms and competitive advantages, and then selects stocks within those sectors. The fund primarily aims to generate returns by capturing arbitrage opportunities available in the market.
Arbitrage opportunities arise when there is a difference in the price of the same security in the cash and derivatives markets. The fund seeks to benefit from these price differences whenever they are available. However, when arbitrage opportunities are limited, the fund may invest in short-term debt securities or money market instruments.
The fund may also invest a part of its portfolio in Certificates of Deposit (CDs), Government Securities, Real Estate Investment Trusts (REITs), units of Gold ETFs and Silver ETFs. To meet liquidity and margin requirements, the fund may invest in units of liquid funds, money market funds or schemes with a Macaulay duration of less than one year.
About PGIM India Arbitrage Fund
PGIM India Arbitrage Fund seeks to generate income by capturing price differences between the cash and derivatives markets. The fund predominantly invests in equity and equity-related instruments, including index and stock derivatives, with an allocation ranging from 65% to 100% of its portfolio. To manage liquidity and enhance portfolio efficiency, the fund may also invest up to 35% in Certificates of Deposit, Government Securities and units of liquid and money market mutual fund schemes. Additionally, the fund has the provision to allocate up to 25% to Gold ETFs and Silver ETFs, and up to 10% to exchange-traded commodity derivatives (ETCDs) related to gold and silver.
Frequently Asked Questions
Fund Documents
Riskometer
- Income over short term
- Income through arbitrage opportunities between the equity spot and equity derivatives market and arbitrage opportunities within the equity derivatives segment
- Degree of risk – LOW.
- *Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Low
AMFI Tier - 1 Benchmark - Nifty 50 Arbitrage Index
AMFI Tier - 1 Benchmark - Nifty 50 Arbitrage Index
