PGIM India Arbitrage Fund - Regular Plan - Monthly Dividend
Fund House: PGIM India Mutual Fund| Category: Hybrid: Arbitrage |
| Launch Date: 27-08-2014 |
| Asset Class: Mixed Asset |
| Benchmark: NIFTY 50 Arbitrage TRI |
| Expense Ratio: 1.03% As on (28-02-2023) |
| Status: Open Ended Schemes |
| Minimum Investment: 5000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 168.02 Cr As on (28-02-2023) |
| Turn over: 246% | Exit Load: Nil |
10.6418
0.01 (0.0865%)
5.29%
Benchmark: 5.97%
PERFORMANCE
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Investment Objective
The scheme seeks to generate income by investing in arbitrage opportunities that potentially exist between the cash and derivatives market as well as within the derivatives segment of the market. Investments may also be made in debt & money market instruments
Current Asset Allocation (%)
Indicators
| Standard Deviation | |
| Sharpe Ratio | - |
| Alpha | 1.76 |
| Beta | 0.73 |
| Yield to Maturity | - |
| Average Maturity | - |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| PGIM India Arbitrage Fund - Regular Plan - Monthly Dividend | 27-08-2014 | 4.56 | 4.08 | 3.8 | 4.29 | - |
| Invesco India Arbitrage Fund - Growth Option | 30-04-2007 | 5.75 | 4.8 | 4.35 | 4.94 | 5.99 |
| SBI Arbitrage Opportunities Fund - Regular Plan - Gr | 03-11-2006 | 5.35 | 4.77 | 4.04 | 4.85 | 6.04 |
| Kotak Equity Arbitrage Fund - Growth | 29-09-2005 | 5.24 | 4.65 | 4.31 | 5.05 | 6.27 |
| Edelweiss Arbitrage Fund- Regular Plan- Growth Option | 05-06-2014 | 5.04 | 4.51 | 4.22 | 5.0 | - |
| HDFC Arbitrage Fund - Wholesale Growth Option | 10-10-2007 | 5.0 | 4.35 | 3.94 | 4.67 | 5.85 |
| ICICI Prudential Equity Arbitrage Fund - Growth | 30-12-2006 | 4.96 | 4.44 | 4.19 | 4.91 | 6.17 |
| DSP Arbitrage Fund - Regular - Growth | 05-01-2018 | 4.95 | 4.25 | 3.98 | 4.77 | - |
| HDFC Arbitrage Fund - Retail Growth Option | 05-10-2007 | 4.9 | 4.25 | 3.84 | 4.56 | 5.72 |
| BANDHAN Arbitrage Fund - Regular Plan - Growth | 21-12-2006 | 4.85 | 4.26 | 3.92 | 4.77 | 6.02 |
Scheme Characteristics
Scheme following arbitrage strategy. Minimum investment in equity & equity related instruments - 65% of total assets.
Riskometer
PORTFOLIO
Market Cap Distribution
Small Cap
4.56%
Others
31.78%
Large Cap
43.96%
Mid Cap
19.7%
Scheme Documents
Tax Benefits of investing in this fund
Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#
Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.
Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **
# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund
