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Mutual FundsParag Parikh Arbitrage Fund Direct Growth
P

Parag Parikh Arbitrage Fund Direct Growth

22.57%profit3 Year Absolute Returns

as on 02 Nov 2026

2Value Research
Overview
Direct vs Regular
Returns Comparison
Historical Data
Holdings
Fund Details
AMC Details
FAQs

Parag Parikh Arbitrage Fund Direct Growth is a Hybrid mutual fund scheme launched on 23 Oct 2023.

Scheme Overview

  • Inception Date : 23 Oct 2023
  • AUM : ₹2,749.88 Cr
  • 3Y Returns (CAGR) : 7.02%
  • Expense Ratio : 0.99%
  • Min. SIP : ₹1,000
  • Min. Lumpsum : ₹1,000

Returns Calculator

basis annualised returns

Investment Type


SIP Amount


Investment Period

3Y

₹ 18.95 L

3.50%

₹ 20.40 L

8.00%

₹ 20.09 L

7.02%

Savings Account
Regular Funds
This Fund on Dhan

Total Investment

₹ 18,00,000

Returns

₹ 2,08,788 (7.02%)

Maturity Value

₹ 20,08,788

Disclaimer: Fixed deposits offer guaranteed returns. Mutual fund investments carry market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns.

Direct vs Regular Returns

No data

Sorry, No Data Available at this Moment!

Returns vs Category

No data

Sorry, No Data Available at this Moment!

*The above returns are absolute

Returns Vs Nifty 50

Historical Returns

No data

Sorry, No Data Available at this Moment!

SIP Logo

Start SIP with as Low as ₹100.

Historical NAV

10 Days
1 Month
3 Months
6 Months
1 Year
3 Years
5 Years
No data

Sorry, No Data Available at this Moment!

Asset Allocation

AUM

₹ 2,749.88 Cr

Cash Holding

-

Equity

-

Cash

-

Debt

-

Other

-

Sector Holdings

as of 31 May 2026

SectorsWeightage
Other32.90%
Financial Services31.64%
Industrials8.20%
Basic Materials6.92%
Consumer Cyclical6.00%
Energy5.03%
Communication Services4.43%
Healthcare1.84%
Utilities1.20%
Real Estate1.00%
Consumer Defensive0.75%
Technology0.11%

Stock Holdings

as of 31 May 2026

NameWeightage
Cash Offset For Derivatives

C

Cash Offset For Derivatives

67.68%
Future on BANK Index

F

Future on BANK Index

24.21%
Parag Parikh Liquid Dir Gr

P

Parag Parikh Liquid Dir Gr

15.25%
ICICI Bank

I

ICICI Bank

5.73%
HDFC Bank

H

HDFC Bank

5.56%
Axis Bank

A

Axis Bank

4.97%
Future on Reliance Industries Ltd

F

Future on Reliance Industries Ltd

4.77%
Reliance Industries

R

Reliance Industries

4.74%
Future on Bharti Airtel Ltd

F

Future on Bharti Airtel Ltd

4.47%
Bharti Airtel

B

Bharti Airtel

4.43%
Kotak Bank

K

Kotak Bank

3.90%
Future on Bharat Heavy Electricals Ltd

F

Future on Bharat Heavy Electricals Ltd

3.31%
Bharat Heavy Electricals

B

Bharat Heavy Electricals

3.28%
Future on Mahindra & Mahindra Ltd

F

Future on Mahindra & Mahindra Ltd

2.78%
Mahindra & Mahindra

M

Mahindra & Mahindra

2.76%
Tata Steel

T

Tata Steel

2.38%
Future on Tata Steel Ltd

F

Future on Tata Steel Ltd

2.36%
State Bank of India

S

State Bank of India

2.07%
Small Industries Development Bank Of India

S

Small Industries Development Bank Of India

1.98%
Axis Bank Limited

A

Axis Bank Limited

1.96%
Future on NMDC Steel Ltd

F

Future on NMDC Steel Ltd

1.96%
NMDC

N

NMDC

1.94%
Canara Bank

C

Canara Bank

1.90%
Indian Bank

I

Indian Bank

1.90%
National Bank For Agriculture And Rural Development

N

National Bank For Agriculture And Rural Development

1.89%
Small Industries Dev Bank Of India

S

Small Industries Dev Bank Of India

1.88%
Future on Bharat Electronics Ltd

F

Future on Bharat Electronics Ltd

1.87%
Bharat Electronics

B

Bharat Electronics

1.84%
State Bank of India Future June 26

S

State Bank of India Future June 26

1.84%
Shriram Finance

S

Shriram Finance

1.50%
Trp_010626

T

Trp_010626

1.46%
IDFC First Bank

I

IDFC First Bank

1.34%
Future on GMR Airports Ltd

F

Future on GMR Airports Ltd

1.25%
GMR Airports

G

GMR Airports

1.24%
Canara Bank

C

Canara Bank

1.18%
Future on Shriram City Union Finance Ltd

F

Future on Shriram City Union Finance Ltd

1.14%
Punjab National Bank

P

Punjab National Bank

1.11%
Future on Eicher Motors Ltd

F

Future on Eicher Motors Ltd

1.07%
Punjab National Bank Future June 26

P

Punjab National Bank Future June 26

1.06%
Eicher Motors

E

Eicher Motors

1.05%
Future on Bank of Baroda

F

Future on Bank of Baroda

1.01%
Bank of Baroda

B

Bank of Baroda

1.00%
ICICI Securities Ltd

I

ICICI Securities Ltd

0.99%
Bajaj Finance Limited

B

Bajaj Finance Limited

0.99%
HDFC Bank Limited

H

HDFC Bank Limited

0.98%
Bank Of Baroda

B

Bank Of Baroda

0.96%
Future on Sun Pharmaceuticals Industries Ltd

F

Future on Sun Pharmaceuticals Industries Ltd

0.94%
Bandhan Bank

B

Bandhan Bank

0.93%
Sun Pharmaceutical

S

Sun Pharmaceutical

0.93%
Future on Hindustan Aeronautics Ltd Ordinary Shares

F

Future on Hindustan Aeronautics Ltd Ordinary Shares

0.91%
Hindustan Aeronautics

H

Hindustan Aeronautics

0.90%
Future on DLF Ltd

F

Future on DLF Ltd

0.87%
Future on Grasim Industries Ltd

F

Future on Grasim Industries Ltd

0.87%
DLF

D

DLF

0.86%
Grasim Industries

G

Grasim Industries

0.86%
Future on UltraTech Cement Ltd

F

Future on UltraTech Cement Ltd

0.76%
UltraTech Cement

U

UltraTech Cement

0.75%
Future on Larsen & Toubro Ltd

F

Future on Larsen & Toubro Ltd

0.72%
Larsen & Toubro

L

Larsen & Toubro

0.71%
Future on Tata Power Co Ltd

F

Future on Tata Power Co Ltd

0.70%
Tata Power

T

Tata Power

0.70%
Future on Titan Corporation Limited

F

Future on Titan Corporation Limited

0.67%
Titan

T

Titan

0.66%
Eternal

E

Eternal

0.58%
Eternal Limited June 2026 Future

E

Eternal Limited June 2026 Future

0.58%
NTPC

N

NTPC

0.49%
Future on The Ballarat Brewing Company Limited

F

Future on The Ballarat Brewing Company Limited

0.49%
Indian Hotels Company

I

Indian Hotels Company

0.48%
Future on Jio Financial Services Ltd

F

Future on Jio Financial Services Ltd

0.46%
Jio Financial Services

J

Jio Financial Services

0.46%
Future on Steel Authority Of India Ltd

F

Future on Steel Authority Of India Ltd

0.42%
Steel Authority of India

S

Steel Authority of India

0.41%
Future on ITC

F

Future on ITC

0.40%
ITC

I

ITC

0.40%
GOI TBILL 364D-15/01/27

G

GOI TBILL 364D-15/01/27

0.38%
Future on LIC Housing Finance Ltd

F

Future on LIC Housing Finance Ltd

0.38%
Future on Shriram Finance Ltd

F

Future on Shriram Finance Ltd

0.38%
NTPC Future July 26

N

NTPC Future July 26

0.37%
LIC Housing Finance

L

LIC Housing Finance

0.37%
Net Receivables / (Payables)

N

Net Receivables / (Payables)

0.36%
Future on Biocon Ltd

F

Future on Biocon Ltd

0.36%
Biocon

B

Biocon

0.35%
RBL Bank

R

RBL Bank

0.34%
Future on Aditya Birla Capital Ltd

F

Future on Aditya Birla Capital Ltd

0.34%
Aditya Birla Capital

A

Aditya Birla Capital

0.34%
Future on Bajaj Finserv Ltd

F

Future on Bajaj Finserv Ltd

0.32%
Bajaj Finserv

B

Bajaj Finserv

0.32%
Future on JSW Steel Ltd

F

Future on JSW Steel Ltd

0.30%
JSW Steel

J

JSW Steel

0.30%
Future on Hindalco Industries Ltd

F

Future on Hindalco Industries Ltd

0.29%
Hindalco Industries

H

Hindalco Industries

0.28%
Future on Varun Beverages Ltd

F

Future on Varun Beverages Ltd

0.28%
Varun Beverages

V

Varun Beverages

0.27%
Future on Zydus Lifesciences Ltd

F

Future on Zydus Lifesciences Ltd

0.25%
S-Oil Future July 26

S

S-Oil Future July 26

0.25%
Zydus Life Science

Z

Zydus Life Science

0.25%
Oil & Natural Gas Corporation

O

Oil & Natural Gas Corporation

0.25%
State Bank of India Future July 26

S

State Bank of India Future July 26

0.25%
Future on Sammaan Capital Ltd

F

Future on Sammaan Capital Ltd

0.23%
Sammaan Capital

S

Sammaan Capital

0.22%
Future on Maruti Suzuki India Ltd

F

Future on Maruti Suzuki India Ltd

0.20%
Maruti Suzuki

M

Maruti Suzuki

0.20%
Future on Crompton Greaves Consumer Electricals Ltd

F

Future on Crompton Greaves Consumer Electricals Ltd

0.16%
Crompton Greaves

C

Crompton Greaves

0.16%
Future on Cipla Ltd

F

Future on Cipla Ltd

0.14%
Cipla

C

Cipla

0.14%
NTPC Future June 26

N

NTPC Future June 26

0.13%
Future on One97 Communications Ltd

F

Future on One97 Communications Ltd

0.11%
Future on Inox Wind Ltd

F

Future on Inox Wind Ltd

0.11%
One 97 Communications

O

One 97 Communications

0.11%
Future on Bajaj Finance Ltd

F

Future on Bajaj Finance Ltd

0.11%
Inox Wind

I

Inox Wind

0.11%
Bajaj Finance

B

Bajaj Finance

0.11%
Future on PNB Housing Finance Ltd

F

Future on PNB Housing Finance Ltd

0.11%
PNB Housing Finance

P

PNB Housing Finance

0.10%
Future on Exide Industries Ltd

F

Future on Exide Industries Ltd

0.10%
Exide Industries

E

Exide Industries

0.10%
Future on Divi's Laboratories Ltd

F

Future on Divi's Laboratories Ltd

0.09%
Future on Lodha Developers Ltd

F

Future on Lodha Developers Ltd

0.09%
Divis Laboratories

D

Divis Laboratories

0.09%
Lodha Developers

L

Lodha Developers

0.09%
Future on NBCC India Ltd

F

Future on NBCC India Ltd

0.08%
NBCC

N

NBCC

0.08%
Future on Glenmark Pharmaceuticals Ltd

F

Future on Glenmark Pharmaceuticals Ltd

0.07%
Glenmark Pharmaceuticals

G

Glenmark Pharmaceuticals

0.07%
Yes Bank

Y

Yes Bank

0.06%
Tata Consumer Future June 26

T

Tata Consumer Future June 26

0.06%
Tata Consumer Products

T

Tata Consumer Products

0.06%
Punjab National Bank Future July 26

P

Punjab National Bank Future July 26

0.06%
Future on Godrej Properties Ltd

F

Future on Godrej Properties Ltd

0.05%
Godrej Properties

G

Godrej Properties

0.05%
Future on Hindustan Petroleum Corp Ltd

F

Future on Hindustan Petroleum Corp Ltd

0.04%
Hindustan Petroleum

H

Hindustan Petroleum

0.04%
Future on Havells India Ltd

F

Future on Havells India Ltd

0.04%
Havells

H

Havells

0.04%
SBI Life Insurance

S

SBI Life Insurance

0.02%
SBI Life Future June 26

S

SBI Life Future June 26

0.02%
Future on Dabur India Ltd

F

Future on Dabur India Ltd

0.02%
Dabur India

D

Dabur India

0.02%
Future on Laurus Labs Ltd

F

Future on Laurus Labs Ltd

0.01%
Laurus Labs

L

Laurus Labs

0.01%
Eternal Limited July 2026 Future

E

Eternal Limited July 2026 Future

0.01%
Future on Power Grid Corp Of India Ltd

F

Future on Power Grid Corp Of India Ltd

0.01%
Power Grid Corporation of India

P

Power Grid Corporation of India

0.01%
Future on Cholamandalam Investment and Finance Co Ltd

F

Future on Cholamandalam Investment and Finance Co Ltd

0.00%
Cholamandalam Investment

C

Cholamandalam Investment

0.00%
SBI Life Future July 26

S

SBI Life Future July 26

0.00%
Phoenix Mills

P

Phoenix Mills

0.00%
Nestle

N

Nestle

0.00%
Britannia Industries

B

Britannia Industries

0.00%
Kotak Securities Limited

K

Kotak Securities Limited

0.00%
HDFC Securities Limited

H

HDFC Securities Limited

0.00%

Fund Comparison

Fund Details

52W High NAV

₹ 12.2573


Min. SIP Amount

₹ 1,000.00


Min. Lumpsum Amount

₹ 1,000.00


AUM (in Cr.)

₹ 2,749.88


Expense Ratio

0.99%


Lock-in Period

No Lock in Period


52W Low NAV

₹ 11.5081


Inception Date

23 Oct 2023


Fund Age

3 Yrs


Benchmark

Nifty 50 Arbitrage TRI


Scheme Type

Open Ended


Stamp Duty

0.005% (from July 1st 2020)


Exit Load

  • Exit load of 0.25%, if redeemed within 30 days.

Tax Implication

  • If you redeem within 1 year, STCG are taxed at 20%; If you redeem after 1 year, and returns exceed ₹1.25 Lakhs in a financial year, LTCG are taxed at 12.5%

Fund Managers

NameQualification
Rajeev Thakkar
B.Com (Bombay University), Chartered Accountant.
Raunak Onkar
MMS (Finance)from the University of Mumbai.
Raj Mehta
B.Com & M.Com (Mumbai University)Chartered Accountant, CFA Level III Pass.
Rukun Tarachandani
PGPM (MDI Gurgaon) , B. Tech (Information Technology)
Tejas Soman
Post Graduate Program in Securities Markets - From 'NISM', Bachelor's in Commerce - University of Mumbai. m
Aishwarya Dhar
MBA - Finance

Fund 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.

Risk-O-Meter

Investors understand that their principal will be at

Low Risk

Risk Scale

Low

Moderately Low

Moderate

Moderately High

High

Very High

AMC Information

PPFAS Mutual Fund

No. of Schemes

7

Total AUM

₹ 1,66,054.52 Cr

Contact Details

phone022-61406555
address

81/82,8th Floor,sakhar Bhavan,RamnathGoenka Marg,230,Nariman PointMumbai 400021

FAQs

Parag Parikh Arbitrage Fund was launched on 23 Oct 2023.
The current NAV of Parag Parikh Arbitrage Fund is ₹12.2573 as of 02 Nov 2026.
The latest value of AUM of Parag Parikh Arbitrage Fund is ₹2,749.88 crores as of 02 Nov 2026.
The return on investment of Parag Parikh Arbitrage Fund is:
  • In the past 1Y: 6.68%
  • In the past 3Y: 7.02%
  • In the past 5Y: 0.00%
The expense ratio of Parag Parikh Arbitrage Fund is 0.99%.
The exit load of Parag Parikh Arbitrage Fund is as follows:
Exit load of 0.25%, if redeemed within 30 days.
The portfolio of Parag Parikh Arbitrage Fund includes:
  1. ICICI Bank: 5.73%
  2. HDFC Bank: 5.56%
  3. Axis Bank: 4.97%
  4. Reliance Industries: 4.74%
  5. Bharti Airtel: 4.43%

Top 3 sectoral holdings include:
  1. Others: 168.26%
  2. Financial Services: 31.64%
  3. Industrials: 8.20%
On the risk scale of Low, Moderately Low, Moderate, Moderately High, High and Very High, the risk-o-meter of Parag Parikh Arbitrage Fund is Low.
The fund manager of Parag Parikh Arbitrage Fund is Rajeev Thakkar, Raunak Onkar, Raj Mehta, Rukun Tarachandani, Tejas Soman, Aishwarya Dhar.
If you wish to invest in Parag Parikh Arbitrage Fund, the minimum SIP amount is ₹1,000 and Lumpsum is ₹1,000.
You can easily invest in mutual funds at 0% commission on Dhan. Here's how you can directly invest in Parag Parikh Arbitrage Fund:
  • Open Demat Account on Dhan if you don't have one.
  • Analyze the fund performance.
  • Invest via SIP or Lumpsum.
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