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Parag Parikh Arbitrage Fund Direct Growth
AlternativeArbitrage FundLow Risk
Direct
NAV (02-Sep-25)
₹11.390.05%1D
Returns (Since Inception)
7.26%
Rated ★4.3+ on 
Fund Overview
Fund Size
₹1,809 Cr
Expense Ratio
0.31%
ISIN
INF879O01225
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
23 Oct 2023
About this fund
Parag Parikh Arbitrage Fund Direct Growth is a Arbitrage Fund mutual fund schemes offered by PPFAS Mutual Fund. This fund has been in existence for 1 years, 10 months and 11 days, having been launched on 23-Oct-23.
As of 02-Sep-25, it has a Net Asset Value (NAV) of ₹11.39, Assets Under Management (AUM) of 1809.48 Crores, and an expense ratio of 0.31%.
As of 02-Sep-25, it has a Net Asset Value (NAV) of ₹11.39, Assets Under Management (AUM) of 1809.48 Crores, and an expense ratio of 0.31%.
- Parag Parikh Arbitrage Fund Direct Growth has given a CAGR return of 7.26% since inception.
- The fund's asset allocation comprises around -0.24% in equities, 2.95% in debts, and 97.26% in cash & cash equivalents.
- You can start investing in Parag Parikh Arbitrage Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.
Performance against Category Average
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
+6.89%
+6.48% (Cat Avg.)
Since Inception
+7.26%
— (Cat Avg.)
Portfolio Summaryas of 31st July 2025
| Equity | ₹-4.27 Cr | -0.24% |
| Debt | ₹53.35 Cr | 2.95% |
| Others | ₹1,760.41 Cr | 97.29% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹1,228.6 Cr | 67.90% |
| Parag Parikh Liquid Dir Gr | Mutual Fund - Open End | ₹180.65 Cr | 9.98% |
| HDFC Bank Ltd | Equity | ₹71.26 Cr | 3.94% |
| Hdfc Bank Limited August 2025 Future | Equity - Future | ₹-67.73 Cr | 3.74% |
| Reliance Industries Ltd | Equity | ₹63.05 Cr | 3.48% |
| ICICI Bank Ltd | Equity | ₹57.45 Cr | 3.17% |
| Icici Bank Limited August 2025 Future | Equity - Future | ₹-57.29 Cr | 3.17% |
| Future on Axis Bank Ltd | Equity - Future | ₹-56.97 Cr | 3.15% |
| Axis Bank Ltd | Equity | ₹56.63 Cr | 3.13% |
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹54.85 Cr | 3.03% |
| Future on State Bank of India | Equity - Future | ₹-50.44 Cr | 2.79% |
| State Bank of India | Equity | ₹50.12 Cr | 2.77% |
| Future on RBL Bank Ltd | Equity - Future | ₹-48.92 Cr | 2.70% |
| RBL Bank Ltd | Equity | ₹48.63 Cr | 2.69% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹47.35 Cr | 2.62% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹47.2 Cr | 2.61% |
| Future on IDFC First Bank Ltd | Equity - Future | ₹-46.63 Cr | 2.58% |
| IDFC First Bank Ltd | Equity | ₹46.36 Cr | 2.56% |
| Future on Reliance Chemotex Industries Ltd | Equity - Future | ₹-44.26 Cr | 2.45% |
| NMDC Ltd | Equity | ₹39.95 Cr | 2.21% |
| Future on Mahindra & Mahindra Ltd | Equity - Future | ₹-38.33 Cr | 2.12% |
| Mahindra & Mahindra Ltd | Equity | ₹38.18 Cr | 2.11% |
| Nmdc Limited August 2025 Future | Equity - Future | ₹-36.59 Cr | 2.02% |
| Future on Hindustan Aeronautics Ltd Ordinary Shares | Equity - Future | ₹-36.41 Cr | 2.01% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹36.38 Cr | 2.01% |
| Future on Canara Bank | Equity - Future | ₹-34.65 Cr | 1.92% |
| Canara Bank | Equity | ₹34.46 Cr | 1.90% |
| Future on Bharat Electronics Ltd | Equity - Future | ₹-33.5 Cr | 1.85% |
| Bharat Electronics Ltd | Equity | ₹33.3 Cr | 1.84% |
| Future on Tata Steel Ltd | Equity - Future | ₹-31.72 Cr | 1.75% |
| Tata Steel Ltd | Equity | ₹31.62 Cr | 1.75% |
| Future on Bharti Airtel Ltd | Equity - Future | ₹-31.04 Cr | 1.72% |
| Bharti Airtel Ltd | Equity | ₹30.92 Cr | 1.71% |
| Future on UltraTech Cement Ltd | Equity - Future | ₹-29.44 Cr | 1.63% |
| Future on DLF Ltd | Equity - Future | ₹-29.29 Cr | 1.62% |
| UltraTech Cement Ltd | Equity | ₹29.28 Cr | 1.62% |
| DLF Ltd | Equity | ₹29.18 Cr | 1.61% |
| Future on Punjab National Bank | Equity - Future | ₹-29.09 Cr | 1.61% |
| Punjab National Bank | Equity | ₹29 Cr | 1.60% |
| Future on Tata Power Co Ltd | Equity - Future | ₹-28.63 Cr | 1.58% |
| Tata Power Co Ltd | Equity | ₹28.49 Cr | 1.57% |
| Future on Tata Consultancy Services Ltd | Equity - Future | ₹-27.77 Cr | 1.53% |
| Tata Consultancy Services Ltd | Equity | ₹27.63 Cr | 1.53% |
| Future on Kotak Mahindra Bank Ltd | Equity - Future | ₹-26.94 Cr | 1.49% |
| Steel Authority Of India Ltd | Equity | ₹26.79 Cr | 1.48% |
| Future on GMR Airports Ltd | Equity - Future | ₹-26.79 Cr | 1.48% |
| Kotak Mahindra Bank Ltd | Equity | ₹26.75 Cr | 1.48% |
| Future on Steel Authority Of India Ltd | Equity - Future | ₹-26.74 Cr | 1.48% |
| GMR Airports Ltd | Equity | ₹26.63 Cr | 1.47% |
| Future on Tata Motors Ltd | Equity - Future | ₹-26.31 Cr | 1.45% |
| Tata Motors Ltd | Equity | ₹26.21 Cr | 1.45% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹24.48 Cr | 1.35% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹24.45 Cr | 1.35% |
| Punjab National Bank | Bond - Gov't Agency Debt | ₹24.32 Cr | 1.34% |
| Indian Bank | Cash - CD/Time Deposit | ₹24.31 Cr | 1.34% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹24.3 Cr | 1.34% |
| Rec Ltd. | Cash - Commercial Paper | ₹23.74 Cr | 1.31% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹23.67 Cr | 1.31% |
| Bajaj Finance Ltd. | Cash - Commercial Paper | ₹23.64 Cr | 1.31% |
| Future on Bank of Baroda | Equity - Future | ₹-22.44 Cr | 1.24% |
| Bank of Baroda | Equity | ₹22.33 Cr | 1.23% |
| Kotak Mahindra Bank Ltd. | Bond - Corporate Bond | ₹19.29 Cr | 1.07% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-19.17 Cr | 1.06% |
| Future on Bajaj Finance Ltd | Equity - Future | ₹-18.97 Cr | 1.05% |
| Bajaj Finance Ltd | Equity | ₹18.84 Cr | 1.04% |
| Bandhan Bank Ltd | Equity | ₹17.91 Cr | 0.99% |
| Future on Bandhan Bank Ltd | Equity - Future | ₹-17.85 Cr | 0.99% |
| Future on HCL Technologies Ltd | Equity - Future | ₹-16.17 Cr | 0.89% |
| HCL Technologies Ltd | Equity | ₹16.03 Cr | 0.89% |
| Future on Oil & Natural Gas Corp Ltd | Equity - Future | ₹-15.91 Cr | 0.88% |
| Oil & Natural Gas Corp Ltd | Equity | ₹15.89 Cr | 0.88% |
| Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited) | Cash - CD/Time Deposit | ₹14.61 Cr | 0.81% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹14.61 Cr | 0.81% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹14.54 Cr | 0.80% |
| Future on Larsen & Toubro Ltd | Equity - Future | ₹-12.71 Cr | 0.70% |
| Larsen & Toubro Ltd | Equity | ₹12.66 Cr | 0.70% |
| Titan Company Limited August 2025 Future | Equity - Future | ₹-12.46 Cr | 0.69% |
| Titan Co Ltd | Equity | ₹12.42 Cr | 0.69% |
| Future on IndusInd Bank Ltd | Equity - Future | ₹-11.28 Cr | 0.62% |
| IndusInd Bank Ltd | Equity | ₹11.18 Cr | 0.62% |
| Future on Jio Financial Services Ltd | Equity - Future | ₹-11.04 Cr | 0.61% |
| Jio Financial Services Ltd | Equity | ₹10.99 Cr | 0.61% |
| Net Receivables / (Payables) | Cash | ₹-10.6 Cr | 0.59% |
| Future on Bajaj Auto Ltd | Equity - Future | ₹-10.14 Cr | 0.56% |
| Future on Aditya Birla Capital Ltd | Equity - Future | ₹-10.13 Cr | 0.56% |
| Aditya Birla Capital Ltd | Equity | ₹10.1 Cr | 0.56% |
| Bajaj Auto Ltd | Equity | ₹10.09 Cr | 0.56% |
| 364 DTB 29012026 | Bond - Gov't/Treasury | ₹9.73 Cr | 0.54% |
| Future on JSW Energy Ltd | Equity - Future | ₹-9.58 Cr | 0.53% |
| JSW Energy Ltd | Equity | ₹9.53 Cr | 0.53% |
| GAIL (India) Ltd | Equity | ₹9.23 Cr | 0.51% |
| Future on GAIL (India) Ltd | Equity - Future | ₹-9.22 Cr | 0.51% |
| Power Finance Corporation Limited September 2025 Future | Equity - Future | ₹-8.64 Cr | 0.48% |
| Power Finance Corp Ltd | Equity | ₹8.63 Cr | 0.48% |
| Eternal Limited August 2025 Future | Equity - Future | ₹-8.56 Cr | 0.47% |
| Hindalco Industries Ltd | Equity | ₹8.51 Cr | 0.47% |
| Eternal Ltd | Equity | ₹8.51 Cr | 0.47% |
| Future on Hindalco Industries Ltd | Equity - Future | ₹-8.48 Cr | 0.47% |
| Future on Power Grid Corp Of India Ltd | Equity - Future | ₹-8.43 Cr | 0.47% |
| Power Grid Corp Of India Ltd | Equity | ₹8.4 Cr | 0.46% |
| Future on Granules India Ltd | Equity - Future | ₹-8.2 Cr | 0.45% |
| Granules India Ltd | Equity | ₹8.17 Cr | 0.45% |
| Future on Grasim Industries Ltd | Equity - Future | ₹-7.64 Cr | 0.42% |
| Grasim Industries Ltd | Equity | ₹7.62 Cr | 0.42% |
| Future on Varun Beverages Ltd | Equity - Future | ₹-7.52 Cr | 0.42% |
| Varun Beverages Ltd | Equity | ₹7.5 Cr | 0.41% |
| Future on Shriram Finance Ltd | Equity - Future | ₹-6.59 Cr | 0.36% |
| Shriram Finance Ltd | Equity | ₹6.56 Cr | 0.36% |
| Future on Vodafone Idea Ltd | Equity - Future | ₹-5.8 Cr | 0.32% |
| Vodafone Idea Ltd | Equity | ₹5.78 Cr | 0.32% |
| Vedanta Limited August 2025 Future | Equity - Future | ₹-5.74 Cr | 0.32% |
| Vedanta Ltd | Equity | ₹5.73 Cr | 0.32% |
| REC Ltd | Equity | ₹5.44 Cr | 0.30% |
| Rec Limited August 2025 Future | Equity - Future | ₹-5.37 Cr | 0.30% |
| Future on Samvardhana Motherson International Ltd | Equity - Future | ₹-4.99 Cr | 0.28% |
| Samvardhana Motherson International Ltd | Equity | ₹4.96 Cr | 0.27% |
| Coal India Ltd | Equity | ₹4.27 Cr | 0.24% |
| Future on Coal India Ltd | Equity - Future | ₹-4.2 Cr | 0.23% |
| Future on Hindustan Zinc Ltd | Equity - Future | ₹-4.18 Cr | 0.23% |
| Hindustan Zinc Ltd | Equity | ₹4.16 Cr | 0.23% |
| Hdfc Bank Limited September 2025 Future | Equity - Future | ₹-3.93 Cr | 0.22% |
| Cipla Limited August 2025 Future | Equity - Future | ₹-3.63 Cr | 0.20% |
| Future on Jubilant Foodworks Ltd | Equity - Future | ₹-3.62 Cr | 0.20% |
| Cipla Ltd | Equity | ₹3.61 Cr | 0.20% |
| Jubilant Foodworks Ltd | Equity | ₹3.61 Cr | 0.20% |
| Future on Hindustan Unilever Ltd | Equity - Future | ₹-3.27 Cr | 0.18% |
| Hindustan Unilever Ltd | Equity | ₹3.25 Cr | 0.18% |
| The Indian Hotels Company Limited August 2025 Future | Equity - Future | ₹-3.2 Cr | 0.18% |
| Indian Hotels Co Ltd | Equity | ₹3.19 Cr | 0.18% |
| Nmdc Limited September 2025 Future | Equity - Future | ₹-2.95 Cr | 0.16% |
| Future on NTPC Green Energy Ltd | Equity - Future | ₹-2.82 Cr | 0.16% |
| Future on Petronet LNG Ltd | Equity - Future | ₹-2.82 Cr | 0.16% |
| NTPC Ltd | Equity | ₹2.81 Cr | 0.16% |
| Petronet LNG Ltd | Equity | ₹2.8 Cr | 0.15% |
| Future on Indian Railway Catering And Tourism Corp Ltd | Equity - Future | ₹-2.62 Cr | 0.14% |
| Indian Railway Catering And Tourism Corp Ltd | Equity | ₹2.6 Cr | 0.14% |
| Future on Exide Industries Ltd | Equity - Future | ₹-2.5 Cr | 0.14% |
| Exide Industries Ltd | Equity | ₹2.49 Cr | 0.14% |
| Future on PNB Housing Finance Ltd | Equity - Future | ₹-2.31 Cr | 0.13% |
| PNB Housing Finance Ltd | Equity | ₹2.31 Cr | 0.13% |
| Future on Dixon Technologies (India) Ltd | Equity - Future | ₹-2.2 Cr | 0.12% |
| Dixon Technologies (India) Ltd | Equity | ₹2.19 Cr | 0.12% |
| Future on Divi's Laboratories Ltd | Equity - Future | ₹-1.92 Cr | 0.11% |
| Divi's Laboratories Ltd | Equity | ₹1.91 Cr | 0.11% |
| Maruti Suzuki India Ltd | Equity | ₹1.89 Cr | 0.10% |
| Future on Maruti Suzuki India Ltd | Equity - Future | ₹-1.88 Cr | 0.10% |
| LIC Housing Finance Ltd | Equity | ₹1.88 Cr | 0.10% |
| Future on LIC Housing Finance Ltd | Equity - Future | ₹-1.86 Cr | 0.10% |
| Future on Tata Consumer Products Ltd | Equity - Future | ₹-1.72 Cr | 0.09% |
| United Spirits Ltd | Equity | ₹1.72 Cr | 0.09% |
| Future on United Spirits Ltd | Equity - Future | ₹-1.71 Cr | 0.09% |
| Tata Consumer Products Ltd | Equity | ₹1.71 Cr | 0.09% |
| Future on Godrej Properties Ltd | Equity - Future | ₹-1.62 Cr | 0.09% |
| Godrej Properties Ltd | Equity | ₹1.62 Cr | 0.09% |
| Future on Info Edge (India) Ltd | Equity - Future | ₹-1.47 Cr | 0.08% |
| Info Edge (India) Ltd | Equity | ₹1.46 Cr | 0.08% |
| Future on Glenmark Pharmaceuticals Ltd | Equity - Future | ₹-1.45 Cr | 0.08% |
| Glenmark Pharmaceuticals Ltd | Equity | ₹1.44 Cr | 0.08% |
| Future on PB Fintech Ltd | Equity - Future | ₹-1.34 Cr | 0.07% |
| PB Fintech Ltd | Equity | ₹1.33 Cr | 0.07% |
| Future on Lupin Ltd | Equity - Future | ₹-1.32 Cr | 0.07% |
| Lupin Ltd | Equity | ₹1.31 Cr | 0.07% |
| Future on Sun Pharmaceuticals Industries Ltd | Equity - Future | ₹-1.26 Cr | 0.07% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹1.25 Cr | 0.07% |
| Future on JSW Steel Ltd | Equity - Future | ₹-1.21 Cr | 0.07% |
| JSW Steel Ltd | Equity | ₹1.2 Cr | 0.07% |
| Future on Fortis Healthcare Ltd | Equity - Future | ₹-1.13 Cr | 0.06% |
| Fortis Healthcare Ltd | Equity | ₹1.13 Cr | 0.06% |
| Future on The Federal Bank Ltd | Equity - Future | ₹-1.11 Cr | 0.06% |
| The Federal Bank Ltd | Equity | ₹1.11 Cr | 0.06% |
| Future on Crompton Greaves Consumer Electricals Ltd | Equity - Future | ₹-1.11 Cr | 0.06% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹1.1 Cr | 0.06% |
| Future on Hindustan Petroleum Corp Ltd | Equity - Future | ₹-1.1 Cr | 0.06% |
| Hindustan Petroleum Corp Ltd | Equity | ₹1.1 Cr | 0.06% |
| Future on Syngene International Ltd | Equity - Future | ₹-1.07 Cr | 0.06% |
| Syngene International Ltd | Equity | ₹1.07 Cr | 0.06% |
| Future on Kalyan Jewellers India Ltd | Equity - Future | ₹-1.05 Cr | 0.06% |
| Kalyan Jewellers India Ltd | Equity | ₹1.05 Cr | 0.06% |
| Future on Pidilite Industries Ltd | Equity - Future | ₹-0.87 Cr | 0.05% |
| Pidilite Industries Ltd | Equity | ₹0.86 Cr | 0.05% |
| Future on HDFC Life Insurance Co Ltd | Equity - Future | ₹-0.84 Cr | 0.05% |
| HDFC Life Insurance Co Ltd | Equity | ₹0.83 Cr | 0.05% |
| Future on Torrent Pharmaceuticals Ltd | Equity - Future | ₹-0.75 Cr | 0.04% |
| Torrent Pharmaceuticals Ltd | Equity | ₹0.75 Cr | 0.04% |
| Future on Jindal Iron & Steel | Equity - Future | ₹-0.73 Cr | 0.04% |
| Jindal Steel Ltd | Equity | ₹0.72 Cr | 0.04% |
| NCC Ltd | Equity | ₹0.71 Cr | 0.04% |
| Future on NCC Bluewater Products Ltd | Equity - Future | ₹-0.71 Cr | 0.04% |
| Future on Tata Technologies Ltd | Equity - Future | ₹-0.68 Cr | 0.04% |
| Tata Technologies Ltd | Equity | ₹0.67 Cr | 0.04% |
| Future on Apollo Hospitals Enterprise Ltd | Equity - Future | ₹-0.56 Cr | 0.03% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹0.56 Cr | 0.03% |
| Future on Mphasis Ltd | Equity - Future | ₹-0.54 Cr | 0.03% |
| Mphasis Ltd | Equity | ₹0.54 Cr | 0.03% |
| Future on Dabur India Ltd | Equity - Future | ₹-0.53 Cr | 0.03% |
| Dabur India Ltd | Equity | ₹0.53 Cr | 0.03% |
| Future on IRB Infrastructure Developers Ltd | Equity - Future | ₹-0.53 Cr | 0.03% |
| IRB Infrastructure Developers Ltd | Equity | ₹0.53 Cr | 0.03% |
| Britannia Industries Ltd | Equity | ₹0.51 Cr | 0.03% |
| Future on Britannia Industries Ltd | Equity - Future | ₹-0.5 Cr | 0.03% |
| Future on NBCC India Ltd | Equity - Future | ₹-0.49 Cr | 0.03% |
| NBCC India Ltd | Equity | ₹0.49 Cr | 0.03% |
| Future on Asian Paints Ltd | Equity - Future | ₹-0.48 Cr | 0.03% |
| Upl Limited August 2025 Future | Equity - Future | ₹-0.48 Cr | 0.03% |
| Asian Paints Ltd | Equity | ₹0.48 Cr | 0.03% |
| UPL Ltd | Equity | ₹0.48 Cr | 0.03% |
| Future on Yes Bank Ltd | Equity - Future | ₹-0.36 Cr | 0.02% |
| Yes Bank Ltd | Equity | ₹0.35 Cr | 0.02% |
| Future on UNO Minda Ltd | Equity - Future | ₹-0.23 Cr | 0.01% |
| UNO Minda Ltd | Equity | ₹0.23 Cr | 0.01% |
| Future on Lodha Developers Ltd | Equity - Future | ₹-0.17 Cr | 0.01% |
| Lodha Developers Ltd | Equity | ₹0.17 Cr | 0.01% |
| Future on Laurus Labs Ltd | Equity - Future | ₹-0.15 Cr | 0.01% |
| Laurus Labs Ltd | Equity | ₹0.15 Cr | 0.01% |
| Future on National Aluminium Co Ltd | Equity - Future | ₹-0.14 Cr | 0.01% |
| National Aluminium Co Ltd | Equity | ₹0.14 Cr | 0.01% |
| Future on KEI Industries Ltd | Equity - Future | ₹-0.14 Cr | 0.01% |
| KEI Industries Ltd | Equity | ₹0.13 Cr | 0.01% |
| Future on Tata Chemicals Ltd | Equity - Future | ₹-0.13 Cr | 0.01% |
| Tata Chemicals Ltd | Equity | ₹0.13 Cr | 0.01% |
| Future on Bharat Heavy Electricals Ltd | Equity - Future | ₹-0.13 Cr | 0.01% |
| Bharat Heavy Electricals Ltd | Equity | ₹0.13 Cr | 0.01% |
| Future on ICICI Prudential Life Insurance Co Ltd | Equity - Future | ₹-0.11 Cr | 0.01% |
| ICICI Prudential Life Insurance Co Ltd | Equity | ₹0.11 Cr | 0.01% |
| Bosch Limited August 2025 Future | Equity - Future | ₹-0.1 Cr | 0.01% |
| Bosch Ltd | Equity | ₹0.1 Cr | 0.01% |
| Nestle India Limited August 2025 Future | Equity - Future | ₹-0.06 Cr | 0.00% |
| Nestle India Ltd | Equity | ₹0.06 Cr | 0.00% |
| The Phoenix Mills Limited September 2025 Future | Equity - Future | ₹-0.05 Cr | 0.00% |
| Phoenix Mills Ltd | Equity | ₹0.05 Cr | 0.00% |
| Future on Persistent Systems Ltd | Equity - Future | ₹-0.05 Cr | 0.00% |
| Persistent Systems Ltd | Equity | ₹0.05 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
40.78%
Mid Cap Stocks
22.67%
Small Cap Stocks
10.12%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹540.58 Cr | 29.87% |
| Basic Materials | ₹157.66 Cr | 8.71% |
| Consumer Cyclical | ₹114.03 Cr | 6.30% |
| Industrials | ₹113.57 Cr | 6.28% |
| Energy | ₹87.1 Cr | 4.81% |
| Utilities | ₹58.47 Cr | 3.23% |
| Technology | ₹47.12 Cr | 2.60% |
| Communication Services | ₹38.16 Cr | 2.11% |
| Real Estate | ₹31.02 Cr | 1.71% |
| Healthcare | ₹21.36 Cr | 1.18% |
| Consumer Defensive | ₹15.27 Cr | 0.84% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
0.55%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
0.63
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
2.14
Higher the better
Fund Managers
RM
Raj Mehta
Since October 2023
Rajeev Thakkar
Since October 2023
Raunak Onkar
Since October 2023
RT
Rukun Tarachandani
Since October 2023
MK
Mansi Kariya
Since December 2023
Additional Scheme Detailsas of 31st July 2025
ISIN INF879O01225 | Expense Ratio 0.31% | Exit Load No Charges | Fund Size ₹1,809 Cr | Age 1 year 10 months | Lumpsum Minimum ₹1,000 | Fund Status Open Ended Investment Company | Benchmark NIFTY 50 Arbitrage TR INR |
Investment Objective
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.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
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.
Similar Arbitrage Fund Funds
About the AMC
PPFAS Mutual Fund
Total AUM
₹1,27,467 Cr
Address
Great Western Building, 1st Floor, Mumbai, 400 001
Other Funds by PPFAS Mutual Fund
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Parag Parikh Dynamic Asset Allocation Fund Direct Growth Moderate Risk | 0.3% | 1.0% | ₹2414.57 Cr | 4.8% |
| Parag Parikh Arbitrage Fund Direct Growth Low Risk | 0.3% | 0.0% | ₹1809.48 Cr | 6.9% |
| Parag Parikh Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹3885.46 Cr | 6.7% |
| Parag Parikh Conservative Hybrid Fund Direct Growth Moderately High risk | 0.3% | 1.0% | ₹2952.78 Cr | 6.1% |
| Parag Parikh Flexi Cap Fund Direct Growth Very High Risk | 0.6% | 2.0% | ₹113280.87 Cr | 6.6% |
| Parag Parikh Tax Saver Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹5538.01 Cr | 3.3% |
Risk Level
Your principal amount will be at Low Risk
Take control of your wealth
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What is the current NAV of Parag Parikh Arbitrage Fund Direct Growth?
The NAV of Parag Parikh Arbitrage Fund Direct Growth, as of 02-Sep-2025, is ₹11.39.
What is the portfolio composition of Parag Parikh Arbitrage Fund Direct Growth?
The fund's allocation of assets is distributed as -0.24% in equities, 2.95% in bonds, and 97.26% in cash and cash equivalents.
Who manages the Parag Parikh Arbitrage Fund Direct Growth?
The fund managers responsible for Parag Parikh Arbitrage Fund Direct Growth are:-
- Raj Mehta
- Rajeev Thakkar
- Raunak Onkar
- Rukun Tarachandani
- Mansi Kariya
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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
Parag Parikh Arbitrage Fund Direct Growth
AlternativeArbitrage FundLow Risk
Direct
NAV (02-Sep-25)
₹11.390.05%1D
Returns (Since Inception)
7.26%
Rated ★4.3+ on
Fund Overview
Fund Size
₹1,809 Cr
Expense Ratio
0.31%
ISIN
INF879O01225
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
23 Oct 2023
Risk Level
Your principal amount will be at Low Risk
About this fund
Parag Parikh Arbitrage Fund Direct Growth is a Arbitrage Fund mutual fund schemes offered by PPFAS Mutual Fund. This fund has been in existence for 1 years, 10 months and 11 days, having been launched on 23-Oct-23.
As of 02-Sep-25, it has a Net Asset Value (NAV) of ₹11.39, Assets Under Management (AUM) of 1809.48 Crores, and an expense ratio of 0.31%.
As of 02-Sep-25, it has a Net Asset Value (NAV) of ₹11.39, Assets Under Management (AUM) of 1809.48 Crores, and an expense ratio of 0.31%.
- Parag Parikh Arbitrage Fund Direct Growth has given a CAGR return of 7.26% since inception.
- The fund's asset allocation comprises around -0.24% in equities, 2.95% in debts, and 97.26% in cash & cash equivalents.
- You can start investing in Parag Parikh Arbitrage Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.
Performance against Category Average
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
+6.89%
+6.48% (Cat Avg.)
Since Inception
+7.26%
— (Cat Avg.)
Portfolio Summaryas of 31st July 2025
| Equity | ₹-4.27 Cr | -0.24% |
| Debt | ₹53.35 Cr | 2.95% |
| Others | ₹1,760.41 Cr | 97.29% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹1,228.6 Cr | 67.90% |
| Parag Parikh Liquid Dir Gr | Mutual Fund - Open End | ₹180.65 Cr | 9.98% |
| HDFC Bank Ltd | Equity | ₹71.26 Cr | 3.94% |
| Hdfc Bank Limited August 2025 Future | Equity - Future | ₹-67.73 Cr | 3.74% |
| Reliance Industries Ltd | Equity | ₹63.05 Cr | 3.48% |
| ICICI Bank Ltd | Equity | ₹57.45 Cr | 3.17% |
| Icici Bank Limited August 2025 Future | Equity - Future | ₹-57.29 Cr | 3.17% |
| Future on Axis Bank Ltd | Equity - Future | ₹-56.97 Cr | 3.15% |
| Axis Bank Ltd | Equity | ₹56.63 Cr | 3.13% |
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹54.85 Cr | 3.03% |
| Future on State Bank of India | Equity - Future | ₹-50.44 Cr | 2.79% |
| State Bank of India | Equity | ₹50.12 Cr | 2.77% |
| Future on RBL Bank Ltd | Equity - Future | ₹-48.92 Cr | 2.70% |
| RBL Bank Ltd | Equity | ₹48.63 Cr | 2.69% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹47.35 Cr | 2.62% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹47.2 Cr | 2.61% |
| Future on IDFC First Bank Ltd | Equity - Future | ₹-46.63 Cr | 2.58% |
| IDFC First Bank Ltd | Equity | ₹46.36 Cr | 2.56% |
| Future on Reliance Chemotex Industries Ltd | Equity - Future | ₹-44.26 Cr | 2.45% |
| NMDC Ltd | Equity | ₹39.95 Cr | 2.21% |
| Future on Mahindra & Mahindra Ltd | Equity - Future | ₹-38.33 Cr | 2.12% |
| Mahindra & Mahindra Ltd | Equity | ₹38.18 Cr | 2.11% |
| Nmdc Limited August 2025 Future | Equity - Future | ₹-36.59 Cr | 2.02% |
| Future on Hindustan Aeronautics Ltd Ordinary Shares | Equity - Future | ₹-36.41 Cr | 2.01% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹36.38 Cr | 2.01% |
| Future on Canara Bank | Equity - Future | ₹-34.65 Cr | 1.92% |
| Canara Bank | Equity | ₹34.46 Cr | 1.90% |
| Future on Bharat Electronics Ltd | Equity - Future | ₹-33.5 Cr | 1.85% |
| Bharat Electronics Ltd | Equity | ₹33.3 Cr | 1.84% |
| Future on Tata Steel Ltd | Equity - Future | ₹-31.72 Cr | 1.75% |
| Tata Steel Ltd | Equity | ₹31.62 Cr | 1.75% |
| Future on Bharti Airtel Ltd | Equity - Future | ₹-31.04 Cr | 1.72% |
| Bharti Airtel Ltd | Equity | ₹30.92 Cr | 1.71% |
| Future on UltraTech Cement Ltd | Equity - Future | ₹-29.44 Cr | 1.63% |
| Future on DLF Ltd | Equity - Future | ₹-29.29 Cr | 1.62% |
| UltraTech Cement Ltd | Equity | ₹29.28 Cr | 1.62% |
| DLF Ltd | Equity | ₹29.18 Cr | 1.61% |
| Future on Punjab National Bank | Equity - Future | ₹-29.09 Cr | 1.61% |
| Punjab National Bank | Equity | ₹29 Cr | 1.60% |
| Future on Tata Power Co Ltd | Equity - Future | ₹-28.63 Cr | 1.58% |
| Tata Power Co Ltd | Equity | ₹28.49 Cr | 1.57% |
| Future on Tata Consultancy Services Ltd | Equity - Future | ₹-27.77 Cr | 1.53% |
| Tata Consultancy Services Ltd | Equity | ₹27.63 Cr | 1.53% |
| Future on Kotak Mahindra Bank Ltd | Equity - Future | ₹-26.94 Cr | 1.49% |
| Steel Authority Of India Ltd | Equity | ₹26.79 Cr | 1.48% |
| Future on GMR Airports Ltd | Equity - Future | ₹-26.79 Cr | 1.48% |
| Kotak Mahindra Bank Ltd | Equity | ₹26.75 Cr | 1.48% |
| Future on Steel Authority Of India Ltd | Equity - Future | ₹-26.74 Cr | 1.48% |
| GMR Airports Ltd | Equity | ₹26.63 Cr | 1.47% |
| Future on Tata Motors Ltd | Equity - Future | ₹-26.31 Cr | 1.45% |
| Tata Motors Ltd | Equity | ₹26.21 Cr | 1.45% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹24.48 Cr | 1.35% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹24.45 Cr | 1.35% |
| Punjab National Bank | Bond - Gov't Agency Debt | ₹24.32 Cr | 1.34% |
| Indian Bank | Cash - CD/Time Deposit | ₹24.31 Cr | 1.34% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹24.3 Cr | 1.34% |
| Rec Ltd. | Cash - Commercial Paper | ₹23.74 Cr | 1.31% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹23.67 Cr | 1.31% |
| Bajaj Finance Ltd. | Cash - Commercial Paper | ₹23.64 Cr | 1.31% |
| Future on Bank of Baroda | Equity - Future | ₹-22.44 Cr | 1.24% |
| Bank of Baroda | Equity | ₹22.33 Cr | 1.23% |
| Kotak Mahindra Bank Ltd. | Bond - Corporate Bond | ₹19.29 Cr | 1.07% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-19.17 Cr | 1.06% |
| Future on Bajaj Finance Ltd | Equity - Future | ₹-18.97 Cr | 1.05% |
| Bajaj Finance Ltd | Equity | ₹18.84 Cr | 1.04% |
| Bandhan Bank Ltd | Equity | ₹17.91 Cr | 0.99% |
| Future on Bandhan Bank Ltd | Equity - Future | ₹-17.85 Cr | 0.99% |
| Future on HCL Technologies Ltd | Equity - Future | ₹-16.17 Cr | 0.89% |
| HCL Technologies Ltd | Equity | ₹16.03 Cr | 0.89% |
| Future on Oil & Natural Gas Corp Ltd | Equity - Future | ₹-15.91 Cr | 0.88% |
| Oil & Natural Gas Corp Ltd | Equity | ₹15.89 Cr | 0.88% |
| Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited) | Cash - CD/Time Deposit | ₹14.61 Cr | 0.81% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹14.61 Cr | 0.81% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹14.54 Cr | 0.80% |
| Future on Larsen & Toubro Ltd | Equity - Future | ₹-12.71 Cr | 0.70% |
| Larsen & Toubro Ltd | Equity | ₹12.66 Cr | 0.70% |
| Titan Company Limited August 2025 Future | Equity - Future | ₹-12.46 Cr | 0.69% |
| Titan Co Ltd | Equity | ₹12.42 Cr | 0.69% |
| Future on IndusInd Bank Ltd | Equity - Future | ₹-11.28 Cr | 0.62% |
| IndusInd Bank Ltd | Equity | ₹11.18 Cr | 0.62% |
| Future on Jio Financial Services Ltd | Equity - Future | ₹-11.04 Cr | 0.61% |
| Jio Financial Services Ltd | Equity | ₹10.99 Cr | 0.61% |
| Net Receivables / (Payables) | Cash | ₹-10.6 Cr | 0.59% |
| Future on Bajaj Auto Ltd | Equity - Future | ₹-10.14 Cr | 0.56% |
| Future on Aditya Birla Capital Ltd | Equity - Future | ₹-10.13 Cr | 0.56% |
| Aditya Birla Capital Ltd | Equity | ₹10.1 Cr | 0.56% |
| Bajaj Auto Ltd | Equity | ₹10.09 Cr | 0.56% |
| 364 DTB 29012026 | Bond - Gov't/Treasury | ₹9.73 Cr | 0.54% |
| Future on JSW Energy Ltd | Equity - Future | ₹-9.58 Cr | 0.53% |
| JSW Energy Ltd | Equity | ₹9.53 Cr | 0.53% |
| GAIL (India) Ltd | Equity | ₹9.23 Cr | 0.51% |
| Future on GAIL (India) Ltd | Equity - Future | ₹-9.22 Cr | 0.51% |
| Power Finance Corporation Limited September 2025 Future | Equity - Future | ₹-8.64 Cr | 0.48% |
| Power Finance Corp Ltd | Equity | ₹8.63 Cr | 0.48% |
| Eternal Limited August 2025 Future | Equity - Future | ₹-8.56 Cr | 0.47% |
| Hindalco Industries Ltd | Equity | ₹8.51 Cr | 0.47% |
| Eternal Ltd | Equity | ₹8.51 Cr | 0.47% |
| Future on Hindalco Industries Ltd | Equity - Future | ₹-8.48 Cr | 0.47% |
| Future on Power Grid Corp Of India Ltd | Equity - Future | ₹-8.43 Cr | 0.47% |
| Power Grid Corp Of India Ltd | Equity | ₹8.4 Cr | 0.46% |
| Future on Granules India Ltd | Equity - Future | ₹-8.2 Cr | 0.45% |
| Granules India Ltd | Equity | ₹8.17 Cr | 0.45% |
| Future on Grasim Industries Ltd | Equity - Future | ₹-7.64 Cr | 0.42% |
| Grasim Industries Ltd | Equity | ₹7.62 Cr | 0.42% |
| Future on Varun Beverages Ltd | Equity - Future | ₹-7.52 Cr | 0.42% |
| Varun Beverages Ltd | Equity | ₹7.5 Cr | 0.41% |
| Future on Shriram Finance Ltd | Equity - Future | ₹-6.59 Cr | 0.36% |
| Shriram Finance Ltd | Equity | ₹6.56 Cr | 0.36% |
| Future on Vodafone Idea Ltd | Equity - Future | ₹-5.8 Cr | 0.32% |
| Vodafone Idea Ltd | Equity | ₹5.78 Cr | 0.32% |
| Vedanta Limited August 2025 Future | Equity - Future | ₹-5.74 Cr | 0.32% |
| Vedanta Ltd | Equity | ₹5.73 Cr | 0.32% |
| REC Ltd | Equity | ₹5.44 Cr | 0.30% |
| Rec Limited August 2025 Future | Equity - Future | ₹-5.37 Cr | 0.30% |
| Future on Samvardhana Motherson International Ltd | Equity - Future | ₹-4.99 Cr | 0.28% |
| Samvardhana Motherson International Ltd | Equity | ₹4.96 Cr | 0.27% |
| Coal India Ltd | Equity | ₹4.27 Cr | 0.24% |
| Future on Coal India Ltd | Equity - Future | ₹-4.2 Cr | 0.23% |
| Future on Hindustan Zinc Ltd | Equity - Future | ₹-4.18 Cr | 0.23% |
| Hindustan Zinc Ltd | Equity | ₹4.16 Cr | 0.23% |
| Hdfc Bank Limited September 2025 Future | Equity - Future | ₹-3.93 Cr | 0.22% |
| Cipla Limited August 2025 Future | Equity - Future | ₹-3.63 Cr | 0.20% |
| Future on Jubilant Foodworks Ltd | Equity - Future | ₹-3.62 Cr | 0.20% |
| Cipla Ltd | Equity | ₹3.61 Cr | 0.20% |
| Jubilant Foodworks Ltd | Equity | ₹3.61 Cr | 0.20% |
| Future on Hindustan Unilever Ltd | Equity - Future | ₹-3.27 Cr | 0.18% |
| Hindustan Unilever Ltd | Equity | ₹3.25 Cr | 0.18% |
| The Indian Hotels Company Limited August 2025 Future | Equity - Future | ₹-3.2 Cr | 0.18% |
| Indian Hotels Co Ltd | Equity | ₹3.19 Cr | 0.18% |
| Nmdc Limited September 2025 Future | Equity - Future | ₹-2.95 Cr | 0.16% |
| Future on NTPC Green Energy Ltd | Equity - Future | ₹-2.82 Cr | 0.16% |
| Future on Petronet LNG Ltd | Equity - Future | ₹-2.82 Cr | 0.16% |
| NTPC Ltd | Equity | ₹2.81 Cr | 0.16% |
| Petronet LNG Ltd | Equity | ₹2.8 Cr | 0.15% |
| Future on Indian Railway Catering And Tourism Corp Ltd | Equity - Future | ₹-2.62 Cr | 0.14% |
| Indian Railway Catering And Tourism Corp Ltd | Equity | ₹2.6 Cr | 0.14% |
| Future on Exide Industries Ltd | Equity - Future | ₹-2.5 Cr | 0.14% |
| Exide Industries Ltd | Equity | ₹2.49 Cr | 0.14% |
| Future on PNB Housing Finance Ltd | Equity - Future | ₹-2.31 Cr | 0.13% |
| PNB Housing Finance Ltd | Equity | ₹2.31 Cr | 0.13% |
| Future on Dixon Technologies (India) Ltd | Equity - Future | ₹-2.2 Cr | 0.12% |
| Dixon Technologies (India) Ltd | Equity | ₹2.19 Cr | 0.12% |
| Future on Divi's Laboratories Ltd | Equity - Future | ₹-1.92 Cr | 0.11% |
| Divi's Laboratories Ltd | Equity | ₹1.91 Cr | 0.11% |
| Maruti Suzuki India Ltd | Equity | ₹1.89 Cr | 0.10% |
| Future on Maruti Suzuki India Ltd | Equity - Future | ₹-1.88 Cr | 0.10% |
| LIC Housing Finance Ltd | Equity | ₹1.88 Cr | 0.10% |
| Future on LIC Housing Finance Ltd | Equity - Future | ₹-1.86 Cr | 0.10% |
| Future on Tata Consumer Products Ltd | Equity - Future | ₹-1.72 Cr | 0.09% |
| United Spirits Ltd | Equity | ₹1.72 Cr | 0.09% |
| Future on United Spirits Ltd | Equity - Future | ₹-1.71 Cr | 0.09% |
| Tata Consumer Products Ltd | Equity | ₹1.71 Cr | 0.09% |
| Future on Godrej Properties Ltd | Equity - Future | ₹-1.62 Cr | 0.09% |
| Godrej Properties Ltd | Equity | ₹1.62 Cr | 0.09% |
| Future on Info Edge (India) Ltd | Equity - Future | ₹-1.47 Cr | 0.08% |
| Info Edge (India) Ltd | Equity | ₹1.46 Cr | 0.08% |
| Future on Glenmark Pharmaceuticals Ltd | Equity - Future | ₹-1.45 Cr | 0.08% |
| Glenmark Pharmaceuticals Ltd | Equity | ₹1.44 Cr | 0.08% |
| Future on PB Fintech Ltd | Equity - Future | ₹-1.34 Cr | 0.07% |
| PB Fintech Ltd | Equity | ₹1.33 Cr | 0.07% |
| Future on Lupin Ltd | Equity - Future | ₹-1.32 Cr | 0.07% |
| Lupin Ltd | Equity | ₹1.31 Cr | 0.07% |
| Future on Sun Pharmaceuticals Industries Ltd | Equity - Future | ₹-1.26 Cr | 0.07% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹1.25 Cr | 0.07% |
| Future on JSW Steel Ltd | Equity - Future | ₹-1.21 Cr | 0.07% |
| JSW Steel Ltd | Equity | ₹1.2 Cr | 0.07% |
| Future on Fortis Healthcare Ltd | Equity - Future | ₹-1.13 Cr | 0.06% |
| Fortis Healthcare Ltd | Equity | ₹1.13 Cr | 0.06% |
| Future on The Federal Bank Ltd | Equity - Future | ₹-1.11 Cr | 0.06% |
| The Federal Bank Ltd | Equity | ₹1.11 Cr | 0.06% |
| Future on Crompton Greaves Consumer Electricals Ltd | Equity - Future | ₹-1.11 Cr | 0.06% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹1.1 Cr | 0.06% |
| Future on Hindustan Petroleum Corp Ltd | Equity - Future | ₹-1.1 Cr | 0.06% |
| Hindustan Petroleum Corp Ltd | Equity | ₹1.1 Cr | 0.06% |
| Future on Syngene International Ltd | Equity - Future | ₹-1.07 Cr | 0.06% |
| Syngene International Ltd | Equity | ₹1.07 Cr | 0.06% |
| Future on Kalyan Jewellers India Ltd | Equity - Future | ₹-1.05 Cr | 0.06% |
| Kalyan Jewellers India Ltd | Equity | ₹1.05 Cr | 0.06% |
| Future on Pidilite Industries Ltd | Equity - Future | ₹-0.87 Cr | 0.05% |
| Pidilite Industries Ltd | Equity | ₹0.86 Cr | 0.05% |
| Future on HDFC Life Insurance Co Ltd | Equity - Future | ₹-0.84 Cr | 0.05% |
| HDFC Life Insurance Co Ltd | Equity | ₹0.83 Cr | 0.05% |
| Future on Torrent Pharmaceuticals Ltd | Equity - Future | ₹-0.75 Cr | 0.04% |
| Torrent Pharmaceuticals Ltd | Equity | ₹0.75 Cr | 0.04% |
| Future on Jindal Iron & Steel | Equity - Future | ₹-0.73 Cr | 0.04% |
| Jindal Steel Ltd | Equity | ₹0.72 Cr | 0.04% |
| NCC Ltd | Equity | ₹0.71 Cr | 0.04% |
| Future on NCC Bluewater Products Ltd | Equity - Future | ₹-0.71 Cr | 0.04% |
| Future on Tata Technologies Ltd | Equity - Future | ₹-0.68 Cr | 0.04% |
| Tata Technologies Ltd | Equity | ₹0.67 Cr | 0.04% |
| Future on Apollo Hospitals Enterprise Ltd | Equity - Future | ₹-0.56 Cr | 0.03% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹0.56 Cr | 0.03% |
| Future on Mphasis Ltd | Equity - Future | ₹-0.54 Cr | 0.03% |
| Mphasis Ltd | Equity | ₹0.54 Cr | 0.03% |
| Future on Dabur India Ltd | Equity - Future | ₹-0.53 Cr | 0.03% |
| Dabur India Ltd | Equity | ₹0.53 Cr | 0.03% |
| Future on IRB Infrastructure Developers Ltd | Equity - Future | ₹-0.53 Cr | 0.03% |
| IRB Infrastructure Developers Ltd | Equity | ₹0.53 Cr | 0.03% |
| Britannia Industries Ltd | Equity | ₹0.51 Cr | 0.03% |
| Future on Britannia Industries Ltd | Equity - Future | ₹-0.5 Cr | 0.03% |
| Future on NBCC India Ltd | Equity - Future | ₹-0.49 Cr | 0.03% |
| NBCC India Ltd | Equity | ₹0.49 Cr | 0.03% |
| Future on Asian Paints Ltd | Equity - Future | ₹-0.48 Cr | 0.03% |
| Upl Limited August 2025 Future | Equity - Future | ₹-0.48 Cr | 0.03% |
| Asian Paints Ltd | Equity | ₹0.48 Cr | 0.03% |
| UPL Ltd | Equity | ₹0.48 Cr | 0.03% |
| Future on Yes Bank Ltd | Equity - Future | ₹-0.36 Cr | 0.02% |
| Yes Bank Ltd | Equity | ₹0.35 Cr | 0.02% |
| Future on UNO Minda Ltd | Equity - Future | ₹-0.23 Cr | 0.01% |
| UNO Minda Ltd | Equity | ₹0.23 Cr | 0.01% |
| Future on Lodha Developers Ltd | Equity - Future | ₹-0.17 Cr | 0.01% |
| Lodha Developers Ltd | Equity | ₹0.17 Cr | 0.01% |
| Future on Laurus Labs Ltd | Equity - Future | ₹-0.15 Cr | 0.01% |
| Laurus Labs Ltd | Equity | ₹0.15 Cr | 0.01% |
| Future on National Aluminium Co Ltd | Equity - Future | ₹-0.14 Cr | 0.01% |
| National Aluminium Co Ltd | Equity | ₹0.14 Cr | 0.01% |
| Future on KEI Industries Ltd | Equity - Future | ₹-0.14 Cr | 0.01% |
| KEI Industries Ltd | Equity | ₹0.13 Cr | 0.01% |
| Future on Tata Chemicals Ltd | Equity - Future | ₹-0.13 Cr | 0.01% |
| Tata Chemicals Ltd | Equity | ₹0.13 Cr | 0.01% |
| Future on Bharat Heavy Electricals Ltd | Equity - Future | ₹-0.13 Cr | 0.01% |
| Bharat Heavy Electricals Ltd | Equity | ₹0.13 Cr | 0.01% |
| Future on ICICI Prudential Life Insurance Co Ltd | Equity - Future | ₹-0.11 Cr | 0.01% |
| ICICI Prudential Life Insurance Co Ltd | Equity | ₹0.11 Cr | 0.01% |
| Bosch Limited August 2025 Future | Equity - Future | ₹-0.1 Cr | 0.01% |
| Bosch Ltd | Equity | ₹0.1 Cr | 0.01% |
| Nestle India Limited August 2025 Future | Equity - Future | ₹-0.06 Cr | 0.00% |
| Nestle India Ltd | Equity | ₹0.06 Cr | 0.00% |
| The Phoenix Mills Limited September 2025 Future | Equity - Future | ₹-0.05 Cr | 0.00% |
| Phoenix Mills Ltd | Equity | ₹0.05 Cr | 0.00% |
| Future on Persistent Systems Ltd | Equity - Future | ₹-0.05 Cr | 0.00% |
| Persistent Systems Ltd | Equity | ₹0.05 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
40.78%
Mid Cap Stocks
22.67%
Small Cap Stocks
10.12%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹540.58 Cr | 29.87% |
| Basic Materials | ₹157.66 Cr | 8.71% |
| Consumer Cyclical | ₹114.03 Cr | 6.30% |
| Industrials | ₹113.57 Cr | 6.28% |
| Energy | ₹87.1 Cr | 4.81% |
| Utilities | ₹58.47 Cr | 3.23% |
| Technology | ₹47.12 Cr | 2.60% |
| Communication Services | ₹38.16 Cr | 2.11% |
| Real Estate | ₹31.02 Cr | 1.71% |
| Healthcare | ₹21.36 Cr | 1.18% |
| Consumer Defensive | ₹15.27 Cr | 0.84% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
0.55%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
0.63
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
2.14
Higher the better
Fund Managers
RM
Raj Mehta
Since October 2023
Rajeev Thakkar
Since October 2023
Raunak Onkar
Since October 2023
RT
Rukun Tarachandani
Since October 2023
MK
Mansi Kariya
Since December 2023
Additional Scheme Detailsas of 31st July 2025
ISIN INF879O01225 | Expense Ratio 0.31% | Exit Load No Charges | Fund Size ₹1,809 Cr | Age 1 year 10 months | Lumpsum Minimum ₹1,000 | Fund Status Open Ended Investment Company | Benchmark NIFTY 50 Arbitrage TR INR |
Investment Objective
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.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
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.
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About the AMC
PPFAS Mutual Fund
Total AUM
₹1,27,467 Cr
Address
Great Western Building, 1st Floor, Mumbai, 400 001
Other Funds by PPFAS Mutual Fund
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| Parag Parikh Dynamic Asset Allocation Fund Direct Growth Moderate Risk | 0.3% | 1.0% | ₹2414.57 Cr | 4.8% |
| Parag Parikh Arbitrage Fund Direct Growth Low Risk | 0.3% | 0.0% | ₹1809.48 Cr | 6.9% |
| Parag Parikh Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹3885.46 Cr | 6.7% |
| Parag Parikh Conservative Hybrid Fund Direct Growth Moderately High risk | 0.3% | 1.0% | ₹2952.78 Cr | 6.1% |
| Parag Parikh Flexi Cap Fund Direct Growth Very High Risk | 0.6% | 2.0% | ₹113280.87 Cr | 6.6% |
| Parag Parikh Tax Saver Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹5538.01 Cr | 3.3% |
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What is the current NAV of Parag Parikh Arbitrage Fund Direct Growth?
The NAV of Parag Parikh Arbitrage Fund Direct Growth, as of 02-Sep-2025, is ₹11.39.
What is the portfolio composition of Parag Parikh Arbitrage Fund Direct Growth?
The fund's allocation of assets is distributed as -0.24% in equities, 2.95% in bonds, and 97.26% in cash and cash equivalents.
Who manages the Parag Parikh Arbitrage Fund Direct Growth?
The fund managers responsible for Parag Parikh Arbitrage Fund Direct Growth are:-
- Raj Mehta
- Rajeev Thakkar
- Raunak Onkar
- Rukun Tarachandani
- Mansi Kariya
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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
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