
Alternative StrategiesArbitrage FundLow Risk
Direct
NAV (23-Feb-26)
Returns (Since Inception)
Fund Size
₹2,144 Cr
Expense Ratio
0.30%
ISIN
INF879O01225
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
23 Oct 2023
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
+6.55%
+6.31% (Cat Avg.)
Since Inception
+7.10%
— (Cat Avg.)
| Equity | ₹-3.13 Cr | -0.15% |
| Debt | ₹9.48 Cr | 0.44% |
| Others | ₹2,137.73 Cr | 99.70% |
All Holdings
Equity
Debt & Others
| Name | Type | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹1,512.75 Cr | 70.55% |
| Future on BANK Index | Equity Index - Future | ₹-467.9 Cr | 21.82% |
| Parag Parikh Liquid Dir Gr | Mutual Fund - Open End | ₹216.53 Cr | 10.10% |
| HDFC Bank Ltd | Equity | ₹125.98 Cr | 5.88% |
| ICICI Bank Ltd | Equity | ₹100.26 Cr | 4.68% |
| Axis Bank Ltd | Equity | ₹85.99 Cr | 4.01% |
| Future on Bharti Airtel Ltd | Equity - Future | ₹-83 Cr | 3.87% |
| Bharti Airtel Ltd | Equity | ₹82.76 Cr | 3.86% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-71.3 Cr | 3.33% |
| Reliance Industries Ltd | Equity | ₹71.1 Cr | 3.32% |
| Kotak Mahindra Bank Ltd | Equity | ₹69.69 Cr | 3.25% |
| Future on Mahindra & Mahindra Ltd | Equity - Future | ₹-66.07 Cr | 3.08% |
| Mahindra & Mahindra Ltd | Equity | ₹65.75 Cr | 3.07% |
| Eternal Limited February 2026 Future | Equity - Future | ₹-60.39 Cr | 2.82% |
| Eternal Ltd | Equity | ₹60.24 Cr | 2.81% |
| IDFC First Bank Ltd | Equity | ₹57.99 Cr | 2.70% |
| State Bank of India Future Feb 26 | Equity - Future | ₹-56.42 Cr | 2.63% |
| State Bank of India | Equity | ₹56.15 Cr | 2.62% |
| Future on Bharat Heavy Electricals Ltd | Equity - Future | ₹-52.05 Cr | 2.43% |
| Bharat Heavy Electricals Ltd | Equity | ₹51.93 Cr | 2.42% |
| Trp_020226 | Cash - Repurchase Agreement | ₹49.69 Cr | 2.32% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹48.47 Cr | 2.26% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹48.18 Cr | 2.25% |
| Canara Bank | Cash - CD/Time Deposit | ₹46.92 Cr | 2.19% |
| Indian Bank | Cash - CD/Time Deposit | ₹46.91 Cr | 2.19% |
| NMDC Ltd | Equity | ₹44.89 Cr | 2.09% |
| Future on NMDC Steel Ltd | Equity - Future | ₹-44.88 Cr | 2.09% |
| Future on Tata Steel Ltd | Equity - Future | ₹-44.5 Cr | 2.08% |
| Tata Steel Ltd | Equity | ₹44.4 Cr | 2.07% |
| Future on Shriram Finance Ltd | Equity - Future | ₹-41.22 Cr | 1.92% |
| Shriram Finance Ltd | Equity | ₹41.15 Cr | 1.92% |
| Bse Limited February 2026 Future | Equity - Future | ₹-40.09 Cr | 1.87% |
| BSE Ltd | Equity | ₹40.07 Cr | 1.87% |
| Future on Hindustan Aeronautics Ltd Ordinary Shares | Equity - Future | ₹-37.26 Cr | 1.74% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹37.21 Cr | 1.74% |
| Future on Bharat Electronics Ltd | Equity - Future | ₹-34.45 Cr | 1.61% |
| Bharat Electronics Ltd | Equity | ₹34.36 Cr | 1.60% |
| Punjab National Bank Future Feb 26 | Equity - Future | ₹-33.1 Cr | 1.54% |
| Punjab National Bank | Equity | ₹32.95 Cr | 1.54% |
| Future on UltraTech Cement Ltd | Equity - Future | ₹-31.24 Cr | 1.46% |
| UltraTech Cement Ltd | Equity | ₹31.16 Cr | 1.45% |
| Future on Bank of Baroda | Equity - Future | ₹-29.26 Cr | 1.36% |
| Bank of Baroda | Equity | ₹29.16 Cr | 1.36% |
| Future on DLF Ltd | Equity - Future | ₹-27.54 Cr | 1.28% |
| DLF Ltd | Equity | ₹27.48 Cr | 1.28% |
| Future on GMR Airports Ltd | Equity - Future | ₹-26.13 Cr | 1.22% |
| GMR Airports Ltd | Equity | ₹26.06 Cr | 1.22% |
| Kotak Securities Limited | Cash - Commercial Paper | ₹24.94 Cr | 1.16% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹24.31 Cr | 1.13% |
| National Bank For Agriculture And Rural Development | Cash - Commercial Paper | ₹24.3 Cr | 1.13% |
| Icici Securities Limited | Cash - Commercial Paper | ₹24.29 Cr | 1.13% |
| Bajaj Finance Limited | Cash - Commercial Paper | ₹24.29 Cr | 1.13% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹23.97 Cr | 1.12% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹23.63 Cr | 1.10% |
| Future on Tata Consultancy Services Ltd | Equity - Future | ₹-21.37 Cr | 1.00% |
| Tata Consultancy Services Ltd | Equity | ₹21.27 Cr | 0.99% |
| Future on Tata Power Co Ltd | Equity - Future | ₹-17.99 Cr | 0.84% |
| Tata Power Co Ltd | Equity | ₹17.95 Cr | 0.84% |
| Bandhan Bank Ltd | Equity | ₹17.31 Cr | 0.81% |
| Future on Bajaj Finance Ltd | Equity - Future | ₹-14.41 Cr | 0.67% |
| Bajaj Finance Ltd | Equity | ₹14.37 Cr | 0.67% |
| Titan Company Limited February 2026 Future | Equity - Future | ₹-13.74 Cr | 0.64% |
| Titan Co Ltd | Equity | ₹13.71 Cr | 0.64% |
| Future on Aditya Birla Capital Ltd | Equity - Future | ₹-13.41 Cr | 0.63% |
| Aditya Birla Capital Ltd | Equity | ₹13.38 Cr | 0.62% |
| Future on Larsen & Toubro Ltd | Equity - Future | ₹-12.49 Cr | 0.58% |
| Larsen & Toubro Ltd | Equity | ₹12.46 Cr | 0.58% |
| Oil & Natural Gas Corp Ltd | Equity | ₹12.1 Cr | 0.56% |
| S-Oil Future Feb 26 | Equity - Future | ₹-12.08 Cr | 0.56% |
| Future on Jio Financial Services Ltd | Equity - Future | ₹-11.64 Cr | 0.54% |
| Jio Financial Services Ltd | Equity | ₹11.6 Cr | 0.54% |
| Future on Vodafone Idea Ltd | Equity - Future | ₹-11.46 Cr | 0.53% |
| Vodafone Idea Ltd | Equity | ₹11.42 Cr | 0.53% |
| The Indian Hotels Company Limited February 2026 Future | Equity - Future | ₹-9.73 Cr | 0.45% |
| Indian Hotels Co Ltd | Equity | ₹9.71 Cr | 0.45% |
| Tbill | Bond - Gov't/Treasury | ₹9.48 Cr | 0.44% |
| Future on ITC | Equity - Future | ₹-9.43 Cr | 0.44% |
| ITC Ltd | Equity | ₹9.38 Cr | 0.44% |
| Future on Grasim Industries Ltd | Equity - Future | ₹-8 Cr | 0.37% |
| Grasim Industries Ltd | Equity | ₹7.96 Cr | 0.37% |
| Future on Steel Authority Of India Ltd | Equity - Future | ₹-7.72 Cr | 0.36% |
| Steel Authority Of India Ltd | Equity | ₹7.67 Cr | 0.36% |
| RBL Bank Ltd | Equity | ₹7.4 Cr | 0.35% |
| Future on One97 Communications Ltd | Equity - Future | ₹-7.27 Cr | 0.34% |
| One97 Communications Ltd | Equity | ₹7.26 Cr | 0.34% |
| Varun Beverages Ltd | Equity | ₹6.84 Cr | 0.32% |
| Future on Varun Beverages Ltd | Equity - Future | ₹-6.83 Cr | 0.32% |
| Future on Cenergy Holdings SA | Equity - Future | ₹-6.63 Cr | 0.31% |
| JSW Energy Ltd | Equity | ₹6.62 Cr | 0.31% |
| Future on JSW Steel Ltd | Equity - Future | ₹-6.34 Cr | 0.30% |
| REC Ltd | Equity | ₹6.32 Cr | 0.29% |
| JSW Steel Ltd | Equity | ₹6.31 Cr | 0.29% |
| Rec Limited February 2026 Future | Equity - Future | ₹-6.26 Cr | 0.29% |
| Biocon Limited February 2026 Future | Equity - Future | ₹-5.61 Cr | 0.26% |
| Biocon Ltd | Equity | ₹5.59 Cr | 0.26% |
| Future on Sammaan Capital Ltd | Equity - Future | ₹-4.95 Cr | 0.23% |
| Sammaan Capital Ltd | Equity | ₹4.93 Cr | 0.23% |
| Future on Bajaj Finserv Ltd | Equity - Future | ₹-4.84 Cr | 0.23% |
| Bajaj Finserv Ltd | Equity | ₹4.83 Cr | 0.23% |
| NTPC Ltd | Equity | ₹3.95 Cr | 0.18% |
| NTPC Future Feb 26 | Equity - Future | ₹-3.92 Cr | 0.18% |
| Future on Lodha Developers Ltd | Equity - Future | ₹-3.37 Cr | 0.16% |
| Lodha Developers Ltd | Equity | ₹3.37 Cr | 0.16% |
| Future on Crompton Greaves Consumer Electricals Ltd | Equity - Future | ₹-3.21 Cr | 0.15% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹3.19 Cr | 0.15% |
| Tata Consumer Future Feb 26 | Equity - Future | ₹-3.07 Cr | 0.14% |
| Tata Consumer Products Ltd | Equity | ₹3.06 Cr | 0.14% |
| Future on APL Apollo Tubes Ltd | Equity - Future | ₹-2.95 Cr | 0.14% |
| APL Apollo Tubes Ltd | Equity | ₹2.94 Cr | 0.14% |
| Future on Petronet LNG Ltd | Equity - Future | ₹-2.87 Cr | 0.13% |
| Petronet LNG Ltd | Equity | ₹2.86 Cr | 0.13% |
| Aurobindo Pharma Ltd | Equity | ₹2.39 Cr | 0.11% |
| Future on Aurobindo Pharma Ltd | Equity - Future | ₹-2.39 Cr | 0.11% |
| Future on PNB Housing Finance Ltd | Equity - Future | ₹-2.36 Cr | 0.11% |
| PNB Housing Finance Ltd | Equity | ₹2.35 Cr | 0.11% |
| Future on Exide Industries Ltd | Equity - Future | ₹-2.09 Cr | 0.10% |
| Exide Industries Ltd | Equity | ₹2.08 Cr | 0.10% |
| Future on Dixon Technologies (India) Ltd | Equity - Future | ₹-2.04 Cr | 0.10% |
| Dixon Technologies (India) Ltd | Equity | ₹2.04 Cr | 0.10% |
| Future on GAIL (India) Ltd | Equity - Future | ₹-1.9 Cr | 0.09% |
| GAIL (India) Ltd | Equity | ₹1.9 Cr | 0.09% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹1.79 Cr | 0.08% |
| Future on Sun Pharmaceuticals Industries Ltd | Equity - Future | ₹-1.78 Cr | 0.08% |
| Future on Divi's Laboratories Ltd | Equity - Future | ₹-1.76 Cr | 0.08% |
| Divi's Laboratories Ltd | Equity | ₹1.75 Cr | 0.08% |
| Future on United Spirits Ltd | Equity - Future | ₹-1.75 Cr | 0.08% |
| United Spirits Ltd | Equity | ₹1.74 Cr | 0.08% |
| Future on LIC Housing Finance Ltd | Equity - Future | ₹-1.69 Cr | 0.08% |
| LIC Housing Finance Ltd | Equity | ₹1.68 Cr | 0.08% |
| Future on Samvardhana Motherson International Ltd | Equity - Future | ₹-1.67 Cr | 0.08% |
| Samvardhana Motherson International Ltd | Equity | ₹1.67 Cr | 0.08% |
| SBI Life Future Feb 26 | Equity - Future | ₹-1.58 Cr | 0.07% |
| SBI Life Insurance Co Ltd | Equity | ₹1.57 Cr | 0.07% |
| Yes Bank Ltd | Equity | ₹1.46 Cr | 0.07% |
| Zinc Future Feb 26 | Commodity - Future | ₹-1.39 Cr | 0.06% |
| Hindustan Zinc Ltd | Equity | ₹1.39 Cr | 0.06% |
| Future on PB Fintech Ltd | Equity - Future | ₹-1.22 Cr | 0.06% |
| Future on Godrej Properties Ltd | Equity - Future | ₹-1.22 Cr | 0.06% |
| PB Fintech Ltd | Equity | ₹1.22 Cr | 0.06% |
| Godrej Properties Ltd | Equity | ₹1.21 Cr | 0.06% |
| Future on Eicher Motors Ltd | Equity - Future | ₹-1.14 Cr | 0.05% |
| Eicher Motors Ltd | Equity | ₹1.14 Cr | 0.05% |
| Future on Kalyan Jewellers India Ltd | Equity - Future | ₹-1.06 Cr | 0.05% |
| Kalyan Jewellers India Ltd | Equity | ₹1.06 Cr | 0.05% |
| Future on Britannia Industries Ltd | Equity - Future | ₹-1.03 Cr | 0.05% |
| Britannia Industries Ltd | Equity | ₹1.03 Cr | 0.05% |
| Future on Pidilite Industries Ltd | Equity - Future | ₹-0.86 Cr | 0.04% |
| Pidilite Industries Ltd | Equity | ₹0.86 Cr | 0.04% |
| Future on Jindal Steel Ltd | Equity - Future | ₹-0.85 Cr | 0.04% |
| Jindal Steel Ltd | Equity | ₹0.85 Cr | 0.04% |
| Future on Syngene International Ltd | Equity - Future | ₹-0.71 Cr | 0.03% |
| Syngene International Ltd | Equity | ₹0.71 Cr | 0.03% |
| Future on Mphasis Ltd | Equity - Future | ₹-0.53 Cr | 0.02% |
| Mphasis Ltd | Equity | ₹0.53 Cr | 0.02% |
| Future on Dabur India Ltd | Equity - Future | ₹-0.51 Cr | 0.02% |
| Dabur India Ltd | Equity | ₹0.51 Cr | 0.02% |
| Future on Prestige Estates Projects Ltd | Equity - Future | ₹-0.46 Cr | 0.02% |
| Prestige Estates Projects Ltd | Equity | ₹0.46 Cr | 0.02% |
| Future on NBCC India Ltd | Equity - Future | ₹-0.45 Cr | 0.02% |
| NBCC India Ltd | Equity | ₹0.45 Cr | 0.02% |
| Future on Tech Mahindra Ltd | Equity - Future | ₹-0.42 Cr | 0.02% |
| Tech Mahindra Ltd | Equity | ₹0.42 Cr | 0.02% |
| Future on Tata Motors | Equity - Future | ₹-0.39 Cr | 0.02% |
| Tata Motors Passenger Vehicles Ltd | Equity | ₹0.39 Cr | 0.02% |
| Container Corporation of India Ltd | Equity | ₹0.25 Cr | 0.01% |
| Future on Container Corporation of India Ltd | Equity - Future | ₹-0.25 Cr | 0.01% |
| Marico Limited February 2026 Future | Equity - Future | ₹-0.18 Cr | 0.01% |
| Marico Ltd | Equity | ₹0.18 Cr | 0.01% |
| Future on Laurus Labs Ltd | Equity - Future | ₹-0.16 Cr | 0.01% |
| Laurus Labs Ltd | Equity | ₹0.16 Cr | 0.01% |
| Future on Glenmark Pharmaceuticals Ltd | Equity - Future | ₹-0.15 Cr | 0.01% |
| Glenmark Pharmaceuticals Ltd | Equity | ₹0.15 Cr | 0.01% |
| Future on ICICI Prudential Life Insurance Co Ltd | Equity - Future | ₹-0.12 Cr | 0.01% |
| ICICI Prudential Life Insurance Co Ltd | Equity | ₹0.12 Cr | 0.01% |
| Future on Cholamandalam Investment and Finance Co Ltd | Equity - Future | ₹-0.1 Cr | 0.00% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹0.1 Cr | 0.00% |
| Nestle India Ltd | Equity | ₹0.07 Cr | 0.00% |
| Nestle Future Feb 26 | Equity - Future | ₹-0.07 Cr | 0.00% |
| Net Receivables / (Payables) | Cash | ₹-0.06 Cr | 0.00% |
| The Phoenix Mills Limited February 2026 Future | Equity - Future | ₹-0.06 Cr | 0.00% |
| Phoenix Mills Ltd | Equity | ₹0.06 Cr | 0.00% |
Large Cap Stocks
22.69%
Mid Cap Stocks
7.59%
Small Cap Stocks
-0.94%
AAA
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹728.03 Cr | 33.96% |
| Industrials | ₹162.71 Cr | 7.59% |
| Consumer Cyclical | ₹158.95 Cr | 7.41% |
| Basic Materials | ₹148.44 Cr | 6.92% |
| Communication Services | ₹94.18 Cr | 4.39% |
| Energy | ₹86.06 Cr | 4.01% |
| Real Estate | ₹32.58 Cr | 1.52% |
| Technology | ₹31.51 Cr | 1.47% |
| Utilities | ₹30.42 Cr | 1.42% |
| Consumer Defensive | ₹22.79 Cr | 1.06% |
| Healthcare | ₹12.55 Cr | 0.59% |
Standard Deviation
This fund
--
Cat. avg.
0.50%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
1.39
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
4.63
Higher the better
Since October 2023

Since October 2023

Since October 2023
Since October 2023

Since September 2025
Since September 2025
ISIN INF879O01225 | Expense Ratio 0.30% | Exit Load No Charges | Fund Size ₹2,144 Cr | Age 2 years 4 months | Lumpsum Minimum ₹1,000 | Fund Status Open Ended Investment Company | Benchmark NIFTY 50 Arbitrage TR INR |
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.
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.

Total AUM
₹1,52,214 Cr
Address
Great Western Building, 1st Floor, Mumbai, 400 001
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| Parag Parikh Large Cap Fund Direct Growth Very High Risk | - | 0.0% | - | - |
| Parag Parikh Dynamic Asset Allocation Fund Direct Growth Moderate Risk | 0.3% | 1.0% | ₹2703.33 Cr | 7.7% |
| Parag Parikh Arbitrage Fund Direct Growth Low Risk | 0.3% | 0.0% | ₹2144.09 Cr | 6.5% |
| Parag Parikh Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹4067.66 Cr | 6.2% |
| Parag Parikh Conservative Hybrid Fund Direct Growth Moderately High risk | 0.3% | 1.0% | ₹3246.32 Cr | 9.2% |
| Parag Parikh Flexi Cap Fund Direct Growth Very High Risk | 0.6% | 2.0% | ₹133969.81 Cr | 8.1% |
| Parag Parikh Tax Saver Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹5768.08 Cr | 7.0% |
Your principal amount will be at Low Risk

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