GMP IPO Watch
Parag Parikh Arbitrage Fund
Direct Plan · Growth · PPFAS Mutual Fund
Returns
Annualised (CAGR) returns for periods over a year.
Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +0.24% | +0.25% | 20 of 40 |
| 1M | +0.61% | +0.54% | 10 of 39 |
| 3M | +1.68% | +1.48% | 10 of 39 |
| 6M | +3.15% | +2.47% | 7 of 36 |
| YTD | +4.65% | +3.62% | 7 of 40 |
| 1Y | +6.59% | +5.39% | 7 of 33 |
| 2Y | +6.66% | +5.42% | 5 of 28 |
| INCEPTION | +6.99% | — | — |
Ranked among: Hybrid Scheme - Arbitrage Fund.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +1.71% | +2.29% | +1.16% | 100% | 41% |
| 6M | +3.43% | +4.39% | +2.83% | 100% | 41% |
| 1Y | +6.91% | +7.94% | +6.01% | 100% | 43% |
| 2Y | +6.92% | +7.27% | +6.52% | 100% | 43% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Aug 2026
Asset Allocation
- Equity70.81%
- Debt15.96%
- Cash-0.23%
- Other13.46%
Market Cap Split
- Large Cap60.83%
- Mid Cap7.99%
- Small Cap1.99%
- Others29.19%
Fundamentals
| Fund | Category | |
|---|---|---|
| P/E | 16.34 | 17.68 |
| P/B | 2.04 | 2.46 |
| Price / Sales | 2.70 | 2.58 |
| Dividend Yield (%) | 1.64 | 1.40 |
Holdings · Aug 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| Parag Parikh Liquid Fund- Direct Plan- Growth | Others | 10.47% | -0.20% |
| ICICI Bank | Banks | 5.97% | -0.07% |
| HDFC Bank | Banks | 5.85% | +0.47% |
| Canara Bank | Banks | 5.51% | -0.06% |
| Axis Bank | Banks | 4.70% | +0.26% |
| Reliance Industries | Petroleum Products | 4.41% | -0.21% |
| Bharti Airtel | Telecom - Services | 4.33% | -0.45% |
| Kotak Bank | Banks | 4.00% | +0.19% |
| Small Industries Dev Bank of India (11/06/2027) | Money Market | 3.38% | +1.66% |
| Bharat Heavy Electricals | Electrical Equipment | 3.15% | +0.19% |
| State Bank of India | Banks | 2.55% | +0.13% |
| IDFC First Bank | Banks | 2.16% | -0.02% |
| Tata Steel | Ferrous Metals | 2.00% | -0.15% |
| Bharat Electronics | Aerospace & Defense | 2.00% | +0.04% |
| Canara Bank (08/12/2026) | Money Market | 1.76% | -0.03% |
View all 82 holdings
| HDFC Bank Limited (21/12/2026) | Money Market | 1.75% | -0.03% |
| NMDC | Minerals & Mining | 1.74% | +0.02% |
| UltraTech Cement | Cement & Cement Products | 1.74% | -0.11% |
| Canara Bank (08/01/2027) | Money Market | 1.74% | -0.04% |
| Indian Bank (12/01/2027) | Money Market | 1.74% | -0.04% |
| National Bank For Agriculture and Rural Development (27/01/2027) | Money Market | 1.74% | -0.03% |
| Small Industries Dev Bank of India (26/02/2027) | Money Market | 1.73% | -0.03% |
| Eicher Motors | Automobiles | 1.54% | +0.00% |
| Mahindra & Mahindra | Automobiles | 1.47% | -0.62% |
| Sun Pharmaceutical | Pharmaceuticals & Biotechnology | 1.11% | +0.19% |
| Punjab National Bank | Banks | 1.09% | -0.01% |
| Hindustan Aeronautics | Aerospace & Defense | 1.00% | +0.00% |
| HDFC Bank Limited (11/09/2026) | Money Market | 0.89% | -0.02% |
| Bank of Baroda (25/11/2026) | Money Market | 0.88% | -0.02% |
| GMR Airports | Transport Infrastructure | 0.87% | -0.25% |
| DLF | Realty | 0.85% | -0.08% |
| Grasim Industries | Cement & Cement Products | 0.82% | +0.04% |
| Bank of Baroda | Banks | 0.79% | -0.08% |
| LIC of India | Insurance | 0.79% | — |
| Bajaj Finance | Finance | 0.72% | -0.32% |
| Bandhan Bank | Banks | 0.68% | -0.06% |
| NBCC | Construction | 0.62% | -0.09% |
| Cipla | Pharmaceuticals & Biotechnology | 0.59% | -0.04% |
| Indian Hotels Company | Leisure Services | 0.58% | +0.00% |
| NTPC | Power | 0.57% | -0.05% |
| Glenmark Pharmaceuticals | Pharmaceuticals & Biotechnology | 0.49% | +0.04% |
| Biocon | Pharmaceuticals & Biotechnology | 0.48% | -0.03% |
| Steel Authority of India | Ferrous Metals | 0.43% | +0.05% |
| Jio Financial Services | Finance | 0.40% | -0.06% |
| Indus Towers | Telecom - Services | 0.39% | +0.20% |
| Coal India | Consumable Fuels | 0.39% | -0.03% |
| 364TB15127 | Money Market | 0.35% | -0.01% |
| Aditya Birla Capital | Finance | 0.34% | +0.00% |
| LIC Housing Finance | Finance | 0.33% | +0.00% |
| ITC | Diversified FMCG | 0.32% | -0.04% |
| Hindalco Industries | Non - Ferrous Metals | 0.30% | +0.00% |
| Varun Beverages | Beverages | 0.28% | -0.03% |
| JSW Steel | Ferrous Metals | 0.27% | +0.00% |
| One 97 Communications | Financial Technology (Fintech) | 0.25% | +0.05% |
| Oil & Natural Gas Corporation | Oil | 0.21% | -0.01% |
| Tata Power | Power | 0.20% | -0.03% |
| Dabur India | Personal Products | 0.17% | -0.02% |
| Crompton Greaves | Consumer Durables | 0.17% | -0.02% |
| Aurobindo Pharma | Pharmaceuticals & Biotechnology | 0.14% | — |
| PNB Housing Finance | Finance | 0.10% | +0.00% |
| Inox Wind | Electrical Equipment | 0.09% | -0.03% |
| Divis Laboratories | Pharmaceuticals & Biotechnology | 0.08% | +0.01% |
| Larsen & Toubro | Construction | 0.08% | +0.00% |
| Federal Bank | Banks | 0.08% | +0.07% |
| Godrej Properties | Realty | 0.08% | -0.01% |
| ICICI Lombard General Insurance | Insurance | 0.08% | — |
| Tata Motors Passenger Vehicles | Automobiles | 0.06% | +0.00% |
| Tata Consumer Products | Agricultural Food & other Products | 0.06% | +0.00% |
| Yes Bank | Banks | 0.06% | +0.00% |
| Hindustan Unilever | Diversified FMCG | 0.05% | -0.01% |
| Indian Oil Corporation | Petroleum Products | 0.05% | +0.00% |
| Solar Industries | Chemicals & Petrochemicals | 0.04% | — |
| Asian Paints | Consumer Durables | 0.04% | +0.00% |
| Power Grid Corporation of India | Power | 0.02% | -0.01% |
| AU Small Finance Bank | Banks | 0.02% | +0.00% |
| SBI Life Insurance | Insurance | 0.01% | -0.01% |
| TVS Motors | Automobiles | 0.01% | +0.00% |
| Fortis Healthcare | Equity | 0.01% | — |
| Zydus Life Science | Pharmaceuticals & Biotechnology | 0.01% | -0.23% |
| Torrent Pharmaceuticals | Pharmaceuticals & Biotechnology | 0.01% | — |
| Bajaj Finserv | Finance | 0.01% | -0.37% |
| Net Receivables / (Payables) | Net Current Assets | -0.23% | — |
Sector Allocation · Aug 2026
View all 28 sectors
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.34 | 0.71 | Low Volatility |
What is this?
Risk as measured by standard deviation is a statistical measure that quantifies the amount of variation or dispersion in a set of data points relative to its mean (average).
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 1.61 | 0.67 | Good Risk Adjusted Returns |
What is this?
Higher the value means that fund has been able to give better returns for the amount of risk taken. It helps investors understand the return of an investment compared to its risk, showing whether the returns are due to intelligent investing or simply taking on excess risk. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the standard deviation of returns.
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 2.94 | 1.34 | Good Risk Adjusted Returns |
What is this?
The Sortino Ratio is a financial metric used to measure the risk-adjusted return of an investment. It's a modification of the Sharpe Ratio but with a key difference; it only considers downside risk (the risk of negative returns), rather than total volatility. This means it focuses on how well an investment performs relative to the volatility that leads to losses, ignoring the volatility that results in gains. The idea is that investors are primarily concerned with minimizing losses, and positive volatility is generally seen as a good thing.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
quant Arbitrage Fund
Direct Plan · Growth Option
|
+7.61% | — | — | +7.31% |
|
WhiteOak Capital Arbitrage Fund
Direct Plan · Growth Option
|
+7.30% | — | — | +7.28% |
|
Franklin India Arbitrage Fund
Direct Plan · IDCW
|
+7.28% | — | — | +7.13% |
|
ITI Arbitrage Fund
Direct Plan · IDCW Option
|
+7.03% | +7.46% | +6.27% | +5.58% |
|
Bajaj Finserv Arbitrage Fund
Direct Plan · Growth
|
+6.64% | +7.02% | — | +7.02% |
|
PGIM India Arbitrage Fund
Direct plan · Growth
|
+6.62% | +7.10% | +6.44% | +6.11% |
|
TRUSTMF ARBITRAGE FUND
Direct Plan · Growth
|
+6.56% | — | — | +6.51% |
|
BANK OF INDIA ARBITRAGE FUND
Direct Plan · Annual IDCW
|
+6.28% | +6.81% | +5.87% | +4.14% |
|
Invesco India Arbitrage Fund
Regular Plan · Growth
|
+6.24% | +6.79% | +6.35% | +6.56% |
|
HDFC Arbitrage Fund
Regular Plan · Growth Option
|
+6.22% | +6.78% | +6.11% | +6.50% |
More From PPFAS Asset Management Pvt. Ltd.
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Parag Parikh Liquid Fund
Direct Plan · Growth
|
+6.44% | +6.70% | +6.08% | +5.56% |
|
Parag Parikh Conservative Hybrid Fund
Direct Plan · Growth
|
+4.87% | +9.23% | +9.35% | +9.39% |
|
Parag Parikh Dynamic Asset Allocation Fund
Direct Plan · Growth
|
+3.65% | — | — | +6.94% |
|
Parag Parikh Flexi Cap Fund
Direct Plan · Growth
|
-5.09% | +12.02% | +11.25% | +17.93% |
|
Parag Parikh ELSS Tax Saver Fund
Direct Plan · Growth
|
-10.70% | +8.33% | +10.84% | +17.32% |
|
Parag Parikh Large Cap Fund
Direct Plan · Monthly IDCW Payout
|
— | — | — | -9.64% |
About This Scheme
Investment Objective
The investment objective of the scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivatives segment of the equity market, and by investing the balance in debt and money market instruments. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.
Stated Asset Allocation
Equities & Equity derivatives (Equity Hedged exposure): 65% - 100% Certificate of Deposits and Government securities with maturities upto 1 year, Units of Domestic mutual fund schemes and Overnight debt securities, Gold and Silver ETFs/ ETCDs: 0% - 35% “For detailed asset allocation, please refer to the Scheme Information Document (SID) available on the website.”
Exit Load
In respect of each purchase / switch-in of units, an Exit Load of 0.25% is payable if Units are redeemed/ switched-out within 30 days from the date of allotment. No Exit Load is payable if Units are redeemed / switched-out after 30 days from the date of allotment. Any exit load charged (net off GST, if any) shall be credited back to the Scheme.
Fund Managers
Mr. Rajeev Thakkar, Mr. Raunak Onkar, Mr. Rukun Tarachandani, Mr. Raj Mehta, Mr. Tejas Soman , Ms. Aishwarya Dhar
Description - Asset classwise we have different Fund Manager.Rajeev Thakkar, Raunak Onkar and Rukun Tarachandani, Raj Mehta for Equity and Mr. Tejas Soman , Ms. Aishwarya Dhar for Debt
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.