GMP IPO Watch
Parag Parikh Arbitrage Fund
Direct Plan · Growth · PPFAS Mutual Fund
Returns
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +0.15% | +0.16% | 31 of 40 |
| 1M | +0.58% | +0.54% | 20 of 40 |
| 3M | +1.13% | +1.04% | 21 of 39 |
| 6M | +3.17% | +2.61% | 11 of 39 |
| YTD | +5.36% | +4.25% | 10 of 40 |
| 1Y | +6.40% | +5.24% | 8 of 34 |
| 2Y | +6.54% | +5.33% | 5 of 28 |
| 3Y | +6.92% | +5.69% | 4 of 27 |
| INCEPTION | +6.92% | — | — |
Ranked among: Hybrid Scheme - Arbitrage Fund.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +1.70% | +2.29% | +1.04% | 100% | 41% |
| 6M | +3.41% | +4.39% | +2.83% | 100% | 41% |
| 1Y | +6.89% | +7.94% | +6.01% | 100% | 43% |
| 2Y | +6.88% | +7.27% | +6.51% | 100% | 43% |
| 3Y | +6.95% | +6.98% | +6.93% | 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 · Sep 2026
Asset Allocation
- Equity67.53%
- Debt18.02%
- Cash3.75%
- Other10.70%
Market Cap Split
- Large Cap57.45%
- Mid Cap7.36%
- Small Cap2.72%
- Others32.47%
Fundamentals
| Fund | Category | |
|---|---|---|
| P/E | 15.35 | 16.11 |
| P/B | 1.90 | 2.25 |
| Price / Sales | 2.57 | 2.35 |
| Dividend Yield (%) | 1.78 | 1.63 |
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| Parag Parikh Liquid Fund- Direct Plan- Growth | Others | 10.70% | +0.23% |
| HDFC Bank | Banks | 6.38% | +0.53% |
| ICICI Bank | Banks | 6.17% | +0.20% |
| Canara Bank | Banks | 5.28% | -0.23% |
| Reliance Industries | Petroleum Products | 4.80% | +0.39% |
| Axis Bank | Banks | 4.51% | -0.19% |
| Bharti Airtel | Telecom - Services | 4.40% | +0.07% |
| Kotak Bank | Banks | 3.75% | -0.25% |
| Small Industries Dev Bank of India (11/06/2027) | Money Market | 3.46% | +0.08% |
| Bharat Heavy Electricals | Electrical Equipment | 2.97% | -0.18% |
| REP4_300926 | Reverse Repo / TREPS | 2.53% | — |
| State Bank of India | Banks | 2.38% | -0.17% |
| IDFC First Bank | Banks | 2.24% | +0.08% |
| Tata Steel | Ferrous Metals | 2.06% | +0.06% |
| Canara Bank (08/12/2026) | Money Market | 1.80% | +0.04% |
View all 90 holdings
| HDFC Bank Limited (21/12/2026) | Money Market | 1.79% | +0.04% |
| Canara Bank (08/01/2027) | Money Market | 1.79% | +0.05% |
| Indian Bank (12/01/2027) | Money Market | 1.78% | +0.04% |
| National Bank For Agriculture and Rural Development (27/01/2027) | Money Market | 1.78% | +0.04% |
| Small Industries Dev Bank of India (26/02/2027) | Money Market | 1.77% | +0.04% |
| Indian Bank (15/06/2027) | Money Market | 1.73% | — |
| Bharat Electronics | Aerospace & Defense | 1.72% | -0.28% |
| UltraTech Cement | Cement & Cement Products | 1.69% | -0.05% |
| NMDC | Minerals & Mining | 1.54% | -0.20% |
| TRP_011026 | Reverse Repo / TREPS | 1.47% | — |
| Bandhan Bank | Banks | 1.46% | +0.78% |
| Eicher Motors | Automobiles | 1.16% | -0.38% |
| Punjab National Bank | Banks | 1.04% | -0.05% |
| Sun Pharmaceutical | Pharmaceuticals & Biotechnology | 0.99% | -0.12% |
| Hindustan Aeronautics | Aerospace & Defense | 0.95% | -0.05% |
| LIC of India | Insurance | 0.93% | +0.14% |
| Bank of Baroda (25/11/2026) | Money Market | 0.90% | +0.02% |
| Indian Bank (24/06/2027) | Money Market | 0.86% | — |
| Bank of Baroda | Banks | 0.78% | -0.01% |
| Bajaj Finance | Finance | 0.66% | -0.06% |
| Indian Hotels Company | Leisure Services | 0.58% | +0.00% |
| NBCC | Construction | 0.57% | -0.05% |
| Mahindra & Mahindra | Automobiles | 0.54% | -0.93% |
| Glenmark Pharmaceuticals | Pharmaceuticals & Biotechnology | 0.47% | -0.02% |
| GMR Airports | Transport Infrastructure | 0.47% | -0.40% |
| Biocon | Pharmaceuticals & Biotechnology | 0.44% | -0.04% |
| NTPC | Power | 0.44% | -0.13% |
| Coal India | Consumable Fuels | 0.42% | +0.03% |
| Steel Authority of India | Ferrous Metals | 0.41% | -0.02% |
| Jio Financial Services | Finance | 0.40% | +0.00% |
| Indus Towers | Telecom - Services | 0.39% | +0.00% |
| Varun Beverages | Beverages | 0.38% | +0.10% |
| 364TB15127 | Money Market | 0.36% | +0.01% |
| LIC Housing Finance | Finance | 0.35% | +0.02% |
| ITC | Diversified FMCG | 0.33% | +0.01% |
| Aditya Birla Capital | Finance | 0.32% | -0.02% |
| DLF | Realty | 0.29% | -0.56% |
| JSW Steel | Ferrous Metals | 0.26% | -0.01% |
| Tata Power | Power | 0.22% | +0.02% |
| Hindalco Industries | Non - Ferrous Metals | 0.22% | -0.08% |
| Cipla | Pharmaceuticals & Biotechnology | 0.21% | -0.38% |
| Dabur India | Personal Products | 0.17% | +0.00% |
| Crompton Greaves | Consumer Durables | 0.15% | -0.02% |
| Divis Laboratories | Pharmaceuticals & Biotechnology | 0.15% | +0.07% |
| Aurobindo Pharma | Pharmaceuticals & Biotechnology | 0.14% | +0.00% |
| PNB Housing Finance | Finance | 0.10% | +0.00% |
| Coforge | IT - Software | 0.10% | — |
| Infosys | IT - Software | 0.09% | — |
| Inox Wind | Electrical Equipment | 0.09% | +0.00% |
| MCX | Capital Markets | 0.09% | — |
| ICICI Lombard General Insurance | Insurance | 0.08% | +0.00% |
| Federal Bank | Banks | 0.08% | +0.00% |
| Oil & Natural Gas Corporation | Oil | 0.07% | -0.14% |
| Godrej Properties | Realty | 0.07% | -0.01% |
| Bajaj Finserv | Finance | 0.06% | +0.05% |
| Tata Motors Passenger Vehicles | Automobiles | 0.06% | +0.00% |
| Power Finance Corporation | Finance | 0.05% | — |
| Yes Bank | Banks | 0.05% | -0.01% |
| Oberoi Realty | Realty | 0.05% | — |
| Hindustan Unilever | Diversified FMCG | 0.05% | +0.00% |
| Tata Consumer Products | Agricultural Food & other Products | 0.05% | -0.01% |
| Indian Oil Corporation | Petroleum Products | 0.05% | +0.00% |
| Marico | Agricultural Food & other Products | 0.03% | — |
| Solar Industries | Chemicals & Petrochemicals | 0.03% | -0.01% |
| Eternal | Retailing | 0.02% | — |
| Asian Paints | Consumer Durables | 0.02% | -0.02% |
| AU Small Finance Bank | Banks | 0.02% | +0.00% |
| SBI Life Insurance | Insurance | 0.01% | +0.00% |
| Power Grid Corporation of India | Power | 0.01% | -0.01% |
| Fortis Healthcare | Equity | 0.01% | +0.00% |
| Torrent Pharmaceuticals | Pharmaceuticals & Biotechnology | 0.01% | +0.00% |
| One 97 Communications | Financial Technology (Fintech) | 0.00% | -0.25% |
| Cholamandalam Investment | Finance | 0.00% | — |
| Larsen & Toubro | Construction | 0.00% | -0.08% |
| Net Receivables / (Payables) | Net Current Assets | -0.25% | — |
Sector Allocation · Sep 2026
View all 31 sectors
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 1.46 | 1.71 | Low Volatility |
| 3Y | 1.13 | 1.36 | Low Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 1.30 | -0.31 | Above Average |
| 3Y | 2.71 | 0.29 | Above Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.73% (published 2026-10-28).
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 7.83 | 6.29 | Above Average |
| 3Y | 11.72 | 9.22 | Above Average |
What is this?
Annualized from daily NAV returns using a 0.00% minimum acceptable return; downside deviation includes only returns below this target.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
quant Arbitrage Fund
Direct Plan · Growth Option
|
+7.48% | — | — | +7.35% |
|
WhiteOak Capital Arbitrage Fund
Direct Plan · Growth Option
|
+7.12% | — | — | +7.24% |
|
Franklin India Arbitrage Fund
Direct Plan · IDCW
|
+7.08% | — | — | +7.08% |
|
Bajaj Finserv Arbitrage Fund
Direct Plan · Growth
|
+6.57% | +6.97% | — | +7.01% |
|
PGIM India Arbitrage Fund
Direct plan · Growth
|
+6.56% | +7.03% | +6.51% | +6.11% |
|
TRUSTMF ARBITRAGE FUND
Direct Plan · Growth
|
+6.50% | — | — | +6.49% |
|
BANK OF INDIA ARBITRAGE FUND
Direct Plan · Annual IDCW
|
+6.42% | +6.79% | +6.00% | +4.19% |
|
ITI Arbitrage Fund
Direct Plan · IDCW Option
|
+6.39% | +7.26% | +6.28% | +5.53% |
|
The Wealth Company Arbitrage Fund
Direct Plan · Growth
|
+6.37% | — | — | +6.37% |
|
Invesco India Arbitrage Fund
Regular Plan · Growth
|
+6.12% | +6.73% | +6.43% | +6.55% |
More From PPFAS Asset Management Pvt. Ltd.
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Parag Parikh Liquid Fund
Direct Plan · Growth
|
+6.43% | +6.66% | +6.15% | +5.56% |
|
Parag Parikh Conservative Hybrid Fund
Direct Plan · Growth
|
+2.77% | +8.97% | +9.00% | +9.03% |
|
Parag Parikh Dynamic Asset Allocation Fund
Direct Plan · Growth
|
+2.28% | — | — | +6.32% |
|
Parag Parikh Flexi Cap Fund
Direct Plan · Growth
|
-3.98% | +12.61% | +11.12% | +17.84% |
|
Parag Parikh ELSS Tax Saver Fund
Direct Plan · Growth
|
-7.69% | +9.19% | +10.54% | +17.07% |
|
Parag Parikh Large Cap Fund
Direct Plan · Monthly IDCW Payout
|
— | — | — | -5.66% |
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.