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Parag Parikh Arbitrage Fund Regular Growth
Alternative StrategiesArbitrage FundLow Risk
Regular
NAV (16-Apr-26)
₹11.750.01%1D
Returns (Since Inception)
6.72%
Rated ★4.3+ on 
Fund Overview
Fund Size
₹2,059 Cr
Expense Ratio
0.64%
ISIN
INF879O01217
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
23 Oct 2023
About this fund
Parag Parikh Arbitrage Fund Regular Growth is a Arbitrage Fund mutual fund schemes offered by PPFAS Mutual Fund. This fund has been in existence for 2 years, 5 months and 25 days, having been launched on 23-Oct-23.
As of 16-Apr-26, it has a Net Asset Value (NAV) of ₹11.75, Assets Under Management (AUM) of 2059.02 Crores, and an expense ratio of 0.64%.
As of 16-Apr-26, it has a Net Asset Value (NAV) of ₹11.75, Assets Under Management (AUM) of 2059.02 Crores, and an expense ratio of 0.64%.
- Parag Parikh Arbitrage Fund Regular Growth has given a CAGR return of 6.72% since inception.
- The fund's asset allocation comprises around -0.28% in equities, 0.46% in debts, and 99.79% in cash & cash equivalents.
- You can start investing in Parag Parikh Arbitrage Fund Regular 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
+6.00%
+6.12% (Cat Avg.)
Since Inception
+6.72%
— (Cat Avg.)
Portfolio Summaryas of 31st March 2026
| Equity | ₹-5.85 Cr | -0.28% |
| Debt | ₹9.57 Cr | 0.46% |
| Others | ₹2,055.3 Cr | 99.82% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹1,360.47 Cr | 66.07% |
| Future on BANK Index | Equity Index - Future | ₹-462.2 Cr | 22.45% |
| Parag Parikh Liquid Dir Gr | Mutual Fund - Open End | ₹259.13 Cr | 12.59% |
| HDFC Bank Ltd | Equity | ₹137.2 Cr | 6.66% |
| ICICI Bank Ltd | Equity | ₹97.92 Cr | 4.76% |
| Future on Bharti Airtel Ltd | Equity - Future | ₹-85.73 Cr | 4.16% |
| Bharti Airtel Ltd | Equity | ₹85.34 Cr | 4.14% |
| Kotak Mahindra Bank Ltd | Equity | ₹84.96 Cr | 4.13% |
| Axis Bank Ltd | Equity | ₹83.03 Cr | 4.03% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-78.87 Cr | 3.83% |
| Reliance Industries Ltd | Equity | ₹78.55 Cr | 3.81% |
| Future on Mahindra & Mahindra Ltd | Equity - Future | ₹-62.58 Cr | 3.04% |
| Mahindra & Mahindra Ltd | Equity | ₹62.29 Cr | 3.02% |
| State Bank of India Future Apr 26 | Equity - Future | ₹-59.57 Cr | 2.89% |
| State Bank of India | Equity | ₹59.28 Cr | 2.88% |
| Future on Tata Steel Ltd | Equity - Future | ₹-54.72 Cr | 2.66% |
| Tata Steel Ltd | Equity | ₹54.56 Cr | 2.65% |
| Kotak Securities Limited | Cash - Commercial Paper | ₹49.37 Cr | 2.40% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹49.02 Cr | 2.38% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹48.71 Cr | 2.37% |
| Future on Bharat Heavy Electricals Ltd | Equity - Future | ₹-48.67 Cr | 2.36% |
| Bharat Heavy Electricals Ltd | Equity | ₹48.53 Cr | 2.36% |
| Canara Bank | Cash - CD/Time Deposit | ₹47.37 Cr | 2.30% |
| Indian Bank | Cash - CD/Time Deposit | ₹47.29 Cr | 2.30% |
| Nmdc Limited April 2026 Future | Equity - Future | ₹-42.26 Cr | 2.05% |
| NMDC Ltd | Equity | ₹42.11 Cr | 2.05% |
| Future on Shriram Finance Ltd | Equity - Future | ₹-34.81 Cr | 1.69% |
| Shriram Finance Ltd | Equity | ₹34.68 Cr | 1.68% |
| Future on Bharat Electronics Ltd | Equity - Future | ₹-30.81 Cr | 1.50% |
| Bharat Electronics Ltd | Equity | ₹30.66 Cr | 1.49% |
| Punjab National Bank Future Apr 26 | Equity - Future | ₹-26.58 Cr | 1.29% |
| Future on UltraTech Cement Ltd | Equity - Future | ₹-26.55 Cr | 1.29% |
| Future on GMR Airports Ltd | Equity - Future | ₹-26.49 Cr | 1.29% |
| UltraTech Cement Ltd | Equity | ₹26.49 Cr | 1.29% |
| Punjab National Bank | Equity | ₹26.47 Cr | 1.29% |
| GMR Airports Ltd | Equity | ₹26.36 Cr | 1.28% |
| HDFC Securities Limited | Cash - Commercial Paper | ₹24.75 Cr | 1.20% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹24.68 Cr | 1.20% |
| Icici Securities Limited | Cash - Commercial Paper | ₹24.6 Cr | 1.19% |
| Bajaj Finance Limited | Cash - Commercial Paper | ₹24.6 Cr | 1.19% |
| National Bank For Agriculture And Rural Development | Cash - Commercial Paper | ₹24.57 Cr | 1.19% |
| IDFC First Bank Ltd | Equity | ₹24.34 Cr | 1.18% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹24.21 Cr | 1.18% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹23.86 Cr | 1.16% |
| Future on Bank of Baroda | Equity - Future | ₹-23.22 Cr | 1.13% |
| Bank of Baroda | Equity | ₹23.1 Cr | 1.12% |
| Net Receivables / (Payables) | Cash | ₹22.13 Cr | 1.07% |
| Future on Bajaj Finance Ltd | Equity - Future | ₹-20.21 Cr | 0.98% |
| Bajaj Finance Ltd | Equity | ₹20.14 Cr | 0.98% |
| Future on Tata Consultancy Services Ltd | Equity - Future | ₹-19.18 Cr | 0.93% |
| Tata Consultancy Services Ltd | Equity | ₹19.15 Cr | 0.93% |
| Titan Company Limited April 2026 Future | Equity - Future | ₹-18.38 Cr | 0.89% |
| Titan Co Ltd | Equity | ₹18.32 Cr | 0.89% |
| Future on Hindustan Aeronautics Ltd Ordinary Shares | Equity - Future | ₹-18.12 Cr | 0.88% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹18.05 Cr | 0.88% |
| Future on Eicher Motors Ltd | Equity - Future | ₹-17.41 Cr | 0.85% |
| Eicher Motors Ltd | Equity | ₹17.32 Cr | 0.84% |
| Future on DLF Ltd | Equity - Future | ₹-17.19 Cr | 0.83% |
| DLF Ltd | Equity | ₹17.13 Cr | 0.83% |
| Future on Tata Power Co Ltd | Equity - Future | ₹-15.84 Cr | 0.77% |
| Bandhan Bank Ltd | Equity | ₹15.77 Cr | 0.77% |
| Tata Power Co Ltd | Equity | ₹15.76 Cr | 0.77% |
| Eternal Limited April 2026 Future | Equity - Future | ₹-12.75 Cr | 0.62% |
| Eternal Ltd | Equity | ₹12.72 Cr | 0.62% |
| Future on Jio Financial Services Ltd | Equity - Future | ₹-10.77 Cr | 0.52% |
| Jio Financial Services Ltd | Equity | ₹10.74 Cr | 0.52% |
| Future on Britannia Industries Ltd | Equity - Future | ₹-10.63 Cr | 0.52% |
| Britannia Industries Ltd | Equity | ₹10.57 Cr | 0.51% |
| Future on Grasim Industries Ltd | Equity - Future | ₹-10.44 Cr | 0.51% |
| Grasim Industries Ltd | Equity | ₹10.42 Cr | 0.51% |
| The Indian Hotels Company Limited April 2026 Future | Equity - Future | ₹-10.1 Cr | 0.49% |
| Indian Hotels Co Ltd | Equity | ₹10.05 Cr | 0.49% |
| Tbill | Bond - Gov't/Treasury | ₹9.57 Cr | 0.46% |
| Future on Larsen & Toubro Ltd | Equity - Future | ₹-9.53 Cr | 0.46% |
| Larsen & Toubro Ltd | Equity | ₹9.5 Cr | 0.46% |
| Future on ITC | Equity - Future | ₹-9.39 Cr | 0.46% |
| ITC Ltd | Equity | ₹9.34 Cr | 0.45% |
| Future on LIC Housing Finance Ltd | Equity - Future | ₹-8.76 Cr | 0.43% |
| LIC Housing Finance Ltd | Equity | ₹8.72 Cr | 0.42% |
| Canara Bank | Equity | ₹8.33 Cr | 0.40% |
| Future on Steel Authority Of India Ltd | Equity - Future | ₹-7.8 Cr | 0.38% |
| Steel Authority Of India Ltd | Equity | ₹7.69 Cr | 0.37% |
| RBL Bank Ltd | Equity | ₹7.18 Cr | 0.35% |
| Future on Aditya Birla Capital Ltd | Equity - Future | ₹-6.8 Cr | 0.33% |
| Aditya Birla Capital Ltd | Equity | ₹6.79 Cr | 0.33% |
| Future on JSW Steel Ltd | Equity - Future | ₹-6.53 Cr | 0.32% |
| JSW Steel Ltd | Equity | ₹6.52 Cr | 0.32% |
| Future on Biocon Ltd | Equity - Future | ₹-5.79 Cr | 0.28% |
| Biocon Ltd | Equity | ₹5.77 Cr | 0.28% |
| Future on Zydus Lifesciences Ltd | Equity - Future | ₹-5.12 Cr | 0.25% |
| Zydus Lifesciences Ltd | Equity | ₹5.1 Cr | 0.25% |
| Future on Varun Beverages Ltd | Equity - Future | ₹-4.99 Cr | 0.24% |
| Varun Beverages Ltd | Equity | ₹4.97 Cr | 0.24% |
| Dr. Reddy's Laboratories Limited April 2026 Future | Equity - Future | ₹-4.89 Cr | 0.24% |
| Dr Reddy's Laboratories Ltd | Equity | ₹4.86 Cr | 0.24% |
| Future on Sammaan Capital Ltd | Equity - Future | ₹-4.78 Cr | 0.23% |
| Sammaan Capital Ltd | Equity | ₹4.76 Cr | 0.23% |
| Future on Bajaj Finserv Ltd | Equity - Future | ₹-4.46 Cr | 0.22% |
| Bajaj Finserv Ltd | Equity | ₹4.45 Cr | 0.22% |
| Future on Sun Pharmaceuticals Industries Ltd | Equity - Future | ₹-4.39 Cr | 0.21% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹4.37 Cr | 0.21% |
| JSW Energy Ltd | Equity | ₹4.15 Cr | 0.20% |
| Future on Cenergy Holdings SA | Equity - Future | ₹-4.15 Cr | 0.20% |
| Future on Crompton Greaves Consumer Electricals Ltd | Equity - Future | ₹-3.23 Cr | 0.16% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹3.22 Cr | 0.16% |
| Tata Consumer Future Apr 26 | Equity - Future | ₹-2.75 Cr | 0.13% |
| Tata Consumer Products Ltd | Equity | ₹2.73 Cr | 0.13% |
| Future on One97 Communications Ltd | Equity - Future | ₹-2.37 Cr | 0.12% |
| One97 Communications Ltd | Equity | ₹2.36 Cr | 0.11% |
| Future on Aurobindo Pharma Ltd | Equity - Future | ₹-2.3 Cr | 0.11% |
| Aurobindo Pharma Ltd | Equity | ₹2.3 Cr | 0.11% |
| Future on Inox Wind Ltd | Equity - Future | ₹-2.17 Cr | 0.11% |
| Inox Wind Ltd | Equity | ₹2.16 Cr | 0.10% |
| Future on Maruti Suzuki India Ltd | Equity - Future | ₹-2.1 Cr | 0.10% |
| Maruti Suzuki India Ltd | Equity | ₹2.09 Cr | 0.10% |
| Future on Divi's Laboratories Ltd | Equity - Future | ₹-2.03 Cr | 0.10% |
| Divi's Laboratories Ltd | Equity | ₹2.02 Cr | 0.10% |
| Future on PNB Housing Finance Ltd | Equity - Future | ₹-1.92 Cr | 0.09% |
| PNB Housing Finance Ltd | Equity | ₹1.91 Cr | 0.09% |
| Future on Exide Industries Ltd | Equity - Future | ₹-1.87 Cr | 0.09% |
| Exide Industries Ltd | Equity | ₹1.87 Cr | 0.09% |
| Future on Lodha Developers Ltd | Equity - Future | ₹-1.62 Cr | 0.08% |
| Lodha Developers Ltd | Equity | ₹1.61 Cr | 0.08% |
| Future on GAIL (India) Ltd | Equity - Future | ₹-1.57 Cr | 0.08% |
| GAIL (India) Ltd | Equity | ₹1.56 Cr | 0.08% |
| Yes Bank Ltd | Equity | ₹1.18 Cr | 0.06% |
| Future on Godrej Properties Ltd | Equity - Future | ₹-1.01 Cr | 0.05% |
| Godrej Properties Ltd | Equity | ₹1.01 Cr | 0.05% |
| SBI Life Future Apr 26 | Equity - Future | ₹-0.8 Cr | 0.04% |
| SBI Life Insurance Co Ltd | Equity | ₹0.8 Cr | 0.04% |
| Future on Hindalco Industries Ltd | Equity - Future | ₹-0.75 Cr | 0.04% |
| Hindalco Industries Ltd | Equity | ₹0.74 Cr | 0.04% |
| Future on United Spirits Ltd | Equity - Future | ₹-0.59 Cr | 0.03% |
| United Spirits Ltd | Equity | ₹0.59 Cr | 0.03% |
| Trp_020426 | Cash - Repurchase Agreement | ₹0.55 Cr | 0.03% |
| Future on Dabur India Ltd | Equity - Future | ₹-0.41 Cr | 0.02% |
| Dabur India Ltd | Equity | ₹0.41 Cr | 0.02% |
| Future on Mphasis Ltd | Equity - Future | ₹-0.4 Cr | 0.02% |
| Mphasis Ltd | Equity | ₹0.4 Cr | 0.02% |
| Future on Tata Motors | Equity - Future | ₹-0.33 Cr | 0.02% |
| Tata Motors Passenger Vehicles Ltd | Equity | ₹0.33 Cr | 0.02% |
| Future on Jindal Steel Ltd | Equity - Future | ₹-0.28 Cr | 0.01% |
| Jindal Steel Ltd | Equity | ₹0.28 Cr | 0.01% |
| Future on Laurus Labs Ltd | Equity - Future | ₹-0.17 Cr | 0.01% |
| Laurus Labs Ltd | Equity | ₹0.17 Cr | 0.01% |
| Future on Glenmark Pharmaceuticals Ltd | Equity - Future | ₹-0.16 Cr | 0.01% |
| Glenmark Pharmaceuticals Ltd | Equity | ₹0.16 Cr | 0.01% |
| Future on Cholamandalam Investment and Finance Co Ltd | Equity - Future | ₹-0.08 Cr | 0.00% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹0.08 Cr | 0.00% |
| Nestle Future Apr 26 | Equity - Future | ₹-0.06 Cr | 0.00% |
| Nestle India Ltd | Equity | ₹0.06 Cr | 0.00% |
| The Phoenix Mills Limited April 2026 Future | Equity - Future | ₹-0.05 Cr | 0.00% |
| Phoenix Mills Ltd | Equity | ₹0.05 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
22.54%
Mid Cap Stocks
3.47%
Small Cap Stocks
1.11%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹661.84 Cr | 32.14% |
| Basic Materials | ₹148.8 Cr | 7.23% |
| Industrials | ₹135.26 Cr | 6.57% |
| Consumer Cyclical | ₹128.2 Cr | 6.23% |
| Communication Services | ₹85.34 Cr | 4.14% |
| Energy | ₹78.55 Cr | 3.81% |
| Consumer Defensive | ₹28.68 Cr | 1.39% |
| Healthcare | ₹24.75 Cr | 1.20% |
| Technology | ₹21.91 Cr | 1.06% |
| Utilities | ₹21.47 Cr | 1.04% |
| Real Estate | ₹19.81 Cr | 0.96% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
0.51%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
1.35
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
4.34
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
Tejas Soman
Since September 2025
AD
Aishwarya Dhar
Since September 2025
Additional Scheme Detailsas of 31st March 2026
ISIN INF879O01217 | Expense Ratio 0.64% | Exit Load No Charges | Fund Size ₹2,059 Cr | Age 2 years 5 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
₹1,53,808 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 Large Cap Fund Direct Growth Very High Risk | 0.2% | 0.0% | ₹551.08 Cr | - |
| Parag Parikh Dynamic Asset Allocation Fund Direct Growth Moderately High risk | 0.3% | 1.0% | ₹2666.02 Cr | 4.2% |
| Parag Parikh Arbitrage Fund Direct Growth Low Risk | 0.3% | 0.0% | ₹2059.02 Cr | 6.4% |
| Parag Parikh Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹4899.81 Cr | 6.3% |
| Parag Parikh Conservative Hybrid Fund Direct Growth Moderately High risk | 0.3% | 1.0% | ₹3342.01 Cr | 5.7% |
| Parag Parikh Flexi Cap Fund Direct Growth Very High Risk | 0.6% | 2.0% | ₹128966.48 Cr | 7.2% |
| Parag Parikh Tax Saver Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹5260.64 Cr | 1.3% |
Risk Level
Your principal amount will be at Low Risk
Take control of your wealth
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Parag Parikh Arbitrage Fund Regular Growth?
The NAV of Parag Parikh Arbitrage Fund Regular Growth, as of 16-Apr-2026, is ₹11.75.
What is the portfolio composition of Parag Parikh Arbitrage Fund Regular Growth?
The fund's allocation of assets is distributed as -0.28% in equities, 0.46% in bonds, and 99.79% in cash and cash equivalents.
Who manages the Parag Parikh Arbitrage Fund Regular Growth?
The fund managers responsible for Parag Parikh Arbitrage Fund Regular Growth are:-
- Raj Mehta
- Rajeev Thakkar
- Raunak Onkar
- Rukun Tarachandani
- Tejas Soman
- Aishwarya Dhar
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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 Pvt. Ltd. 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.
Dezerv Investments Pvt. Ltd. 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.
