
Parag Parikh Arbitrage Fund Direct Growth
Parag Parikh Arbitrage Fund Direct Growth
as on 02 Nov 2026
Parag Parikh Arbitrage Fund Direct Growth is a Hybrid mutual fund scheme launched on 23 Oct 2023. The current NAV stands at ₹12.2573 as of 02 Nov 2026. From the funds total AUM, its top holdings include Cash Offset For Derivatives at 67.68%, Future on BANK Index at 24.21%, Parag Parikh Liquid Dir Gr at 15.25%, ICICI Bank at 5.73%, HDFC Bank at 5.56%
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%
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
Sorry, No Data Available at this Moment!
Returns vs Category
Sorry, No Data Available at this Moment!
*The above returns are absolute
Returns Vs Nifty 50
Historical Returns
Sorry, No Data Available at this Moment!
Start SIP with as Low as ₹100.
Historical NAV
Sorry, No Data Available at this Moment!
Asset Allocation
AUM
₹ 2,749.88 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Asset Allocation
AUM
₹2,749.88 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Sector Holdings
as of 31 May 2026
| Sectors | Allocation | Weightage | Value (in Cr.) |
|---|---|---|---|
| Other | 32.90% | ||
| Financial Services | 31.64% | ||
| Industrials | 8.20% | ||
| Basic Materials | 6.92% | ||
| Consumer Cyclical | 6.00% | ||
| Energy | 5.03% | ||
| Communication Services | 4.43% | ||
| Healthcare | 1.84% | ||
| Utilities | 1.20% | ||
| Real Estate | 1.00% | ||
| Consumer Defensive | 0.75% | ||
| Technology | 0.11% |
Stock Holdings
as of 31 May 2026
| Name | Allocation | Weightage |
|---|---|---|
![]() C Cash Offset For Derivatives | 67.68% | |
![]() F Future on BANK Index | 24.21% | |
![]() P Parag Parikh Liquid Dir Gr | 15.25% | |
![]() I ICICI Bank | 5.73% | |
![]() H HDFC Bank | 5.56% | |
![]() A Axis Bank | 4.97% | |
![]() F Future on Reliance Industries Ltd | 4.77% | |
![]() R Reliance Industries | 4.74% | |
![]() F Future on Bharti Airtel Ltd | 4.47% | |
![]() B Bharti Airtel | 4.43% | |
![]() K Kotak Bank | 3.90% | |
![]() F Future on Bharat Heavy Electricals Ltd | 3.31% | |
![]() B Bharat Heavy Electricals | 3.28% | |
![]() F Future on Mahindra & Mahindra Ltd | 2.78% | |
![]() M Mahindra & Mahindra | 2.76% | |
![]() T Tata Steel | 2.38% | |
![]() F Future on Tata Steel Ltd | 2.36% | |
![]() S State Bank of India | 2.07% | |
![]() S Small Industries Development Bank Of India | 1.98% | |
![]() A Axis Bank Limited | 1.96% | |
![]() F Future on NMDC Steel Ltd | 1.96% | |
![]() N NMDC | 1.94% | |
![]() C Canara Bank | 1.90% | |
![]() I Indian Bank | 1.90% | |
![]() N National Bank For Agriculture And Rural Development | 1.89% | |
![]() S Small Industries Dev Bank Of India | 1.88% | |
![]() F Future on Bharat Electronics Ltd | 1.87% | |
![]() B Bharat Electronics | 1.84% | |
![]() S State Bank of India Future June 26 | 1.84% | |
![]() S Shriram Finance | 1.50% | |
![]() T Trp_010626 | 1.46% | |
![]() I IDFC First Bank | 1.34% | |
![]() F Future on GMR Airports Ltd | 1.25% | |
![]() G GMR Airports | 1.24% | |
![]() C Canara Bank | 1.18% | |
![]() F Future on Shriram City Union Finance Ltd | 1.14% | |
![]() P Punjab National Bank | 1.11% | |
![]() F Future on Eicher Motors Ltd | 1.07% | |
![]() P Punjab National Bank Future June 26 | 1.06% | |
![]() E Eicher Motors | 1.05% | |
![]() F Future on Bank of Baroda | 1.01% | |
![]() B Bank of Baroda | 1.00% | |
![]() I ICICI Securities Ltd | 0.99% | |
![]() B Bajaj Finance Limited | 0.99% | |
![]() H HDFC Bank Limited | 0.98% | |
![]() B Bank Of Baroda | 0.96% | |
![]() F Future on Sun Pharmaceuticals Industries Ltd | 0.94% | |
![]() B Bandhan Bank | 0.93% | |
![]() S Sun Pharmaceutical | 0.93% | |
![]() F Future on Hindustan Aeronautics Ltd Ordinary Shares | 0.91% | |
![]() H Hindustan Aeronautics | 0.90% | |
![]() F Future on DLF Ltd | 0.87% | |
![]() F Future on Grasim Industries Ltd | 0.87% | |
![]() D DLF | 0.86% | |
![]() G Grasim Industries | 0.86% | |
![]() F Future on UltraTech Cement Ltd | 0.76% | |
![]() U UltraTech Cement | 0.75% | |
![]() F Future on Larsen & Toubro Ltd | 0.72% | |
![]() L Larsen & Toubro | 0.71% | |
![]() F Future on Tata Power Co Ltd | 0.70% | |
![]() T Tata Power | 0.70% | |
![]() F Future on Titan Corporation Limited | 0.67% | |
![]() T Titan | 0.66% | |
![]() E Eternal | 0.58% | |
![]() E Eternal Limited June 2026 Future | 0.58% | |
![]() N NTPC | 0.49% | |
![]() F Future on The Ballarat Brewing Company Limited | 0.49% | |
![]() I Indian Hotels Company | 0.48% | |
![]() F Future on Jio Financial Services Ltd | 0.46% | |
![]() J Jio Financial Services | 0.46% | |
![]() F Future on Steel Authority Of India Ltd | 0.42% | |
![]() S Steel Authority of India | 0.41% | |
![]() F Future on ITC | 0.40% | |
![]() I ITC | 0.40% | |
![]() G GOI TBILL 364D-15/01/27 | 0.38% | |
![]() F Future on LIC Housing Finance Ltd | 0.38% | |
![]() F Future on Shriram Finance Ltd | 0.38% | |
![]() N NTPC Future July 26 | 0.37% | |
![]() L LIC Housing Finance | 0.37% | |
![]() N Net Receivables / (Payables) | 0.36% | |
![]() F Future on Biocon Ltd | 0.36% | |
![]() B Biocon | 0.35% | |
![]() R RBL Bank | 0.34% | |
![]() F Future on Aditya Birla Capital Ltd | 0.34% | |
![]() A Aditya Birla Capital | 0.34% | |
![]() F Future on Bajaj Finserv Ltd | 0.32% | |
![]() B Bajaj Finserv | 0.32% | |
![]() F Future on JSW Steel Ltd | 0.30% | |
![]() J JSW Steel | 0.30% | |
![]() F Future on Hindalco Industries Ltd | 0.29% | |
![]() H Hindalco Industries | 0.28% | |
![]() F Future on Varun Beverages Ltd | 0.28% | |
![]() V Varun Beverages | 0.27% | |
![]() F Future on Zydus Lifesciences Ltd | 0.25% | |
![]() S S-Oil Future July 26 | 0.25% | |
![]() Z Zydus Life Science | 0.25% | |
![]() O Oil & Natural Gas Corporation | 0.25% | |
![]() S State Bank of India Future July 26 | 0.25% | |
![]() F Future on Sammaan Capital Ltd | 0.23% | |
![]() S Sammaan Capital | 0.22% | |
![]() F Future on Maruti Suzuki India Ltd | 0.20% | |
![]() M Maruti Suzuki | 0.20% | |
![]() F Future on Crompton Greaves Consumer Electricals Ltd | 0.16% | |
![]() C Crompton Greaves | 0.16% | |
![]() F Future on Cipla Ltd | 0.14% | |
![]() C Cipla | 0.14% | |
![]() N NTPC Future June 26 | 0.13% | |
![]() F Future on One97 Communications Ltd | 0.11% | |
![]() F Future on Inox Wind Ltd | 0.11% | |
![]() O One 97 Communications | 0.11% | |
![]() F Future on Bajaj Finance Ltd | 0.11% | |
![]() I Inox Wind | 0.11% | |
![]() B Bajaj Finance | 0.11% | |
![]() F Future on PNB Housing Finance Ltd | 0.11% | |
![]() P PNB Housing Finance | 0.10% | |
![]() F Future on Exide Industries Ltd | 0.10% | |
![]() E Exide Industries | 0.10% | |
![]() F Future on Divi's Laboratories Ltd | 0.09% | |
![]() F Future on Lodha Developers Ltd | 0.09% | |
![]() D Divis Laboratories | 0.09% | |
![]() L Lodha Developers | 0.09% | |
![]() F Future on NBCC India Ltd | 0.08% | |
![]() N NBCC | 0.08% | |
![]() F Future on Glenmark Pharmaceuticals Ltd | 0.07% | |
![]() G Glenmark Pharmaceuticals | 0.07% | |
![]() Y Yes Bank | 0.06% | |
![]() T Tata Consumer Future June 26 | 0.06% | |
![]() T Tata Consumer Products | 0.06% | |
![]() P Punjab National Bank Future July 26 | 0.06% | |
![]() F Future on Godrej Properties Ltd | 0.05% | |
![]() G Godrej Properties | 0.05% | |
![]() F Future on Hindustan Petroleum Corp Ltd | 0.04% | |
![]() H Hindustan Petroleum | 0.04% | |
![]() F Future on Havells India Ltd | 0.04% | |
![]() H Havells | 0.04% | |
![]() S SBI Life Insurance | 0.02% | |
![]() S SBI Life Future June 26 | 0.02% | |
![]() F Future on Dabur India Ltd | 0.02% | |
![]() D Dabur India | 0.02% | |
![]() F Future on Laurus Labs Ltd | 0.01% | |
![]() L Laurus Labs | 0.01% | |
![]() E Eternal Limited July 2026 Future | 0.01% | |
![]() F Future on Power Grid Corp Of India Ltd | 0.01% | |
![]() P Power Grid Corporation of India | 0.01% | |
![]() F Future on Cholamandalam Investment and Finance Co Ltd | 0.00% | |
![]() C Cholamandalam Investment | 0.00% | |
![]() S SBI Life Future July 26 | 0.00% | |
![]() P Phoenix Mills | 0.00% | |
![]() N Nestle | 0.00% | |
![]() B Britannia Industries | 0.00% | |
![]() K Kotak Securities Limited | 0.00% | |
![]() 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
| Name | Qualification |
|---|---|
| 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
81/82,8th Floor,sakhar Bhavan,RamnathGoenka Marg,230,Nariman PointMumbai 400021
Contact Details
81/82,8th Floor,sakhar Bhavan,RamnathGoenka Marg,230,Nariman PointMumbai 400021
FAQs
When was Parag Parikh Arbitrage Fund launched?
What is the current NAV of Parag Parikh Arbitrage Fund?
What is the AUM of Parag Parikh Arbitrage Fund?
What is the rate of return of Parag Parikh Arbitrage Fund?
- In the past 1Y: 6.68%
- In the past 3Y: 7.02%
- In the past 5Y: 0.00%
What is the expense ratio of Parag Parikh Arbitrage Fund?
What is exit load of Parag Parikh Arbitrage Fund?
What is the portfolio of Parag Parikh Arbitrage Fund?
- ICICI Bank: 5.73%
- HDFC Bank: 5.56%
- Axis Bank: 4.97%
- Reliance Industries: 4.74%
- Bharti Airtel: 4.43%
Top 3 sectoral holdings include:
- Others: 168.26%
- Financial Services: 31.64%
- Industrials: 8.20%
How risky is investing in Parag Parikh Arbitrage Fund?
Who is the fund manager Parag Parikh Arbitrage Fund?
What is the minimum investment required in Parag Parikh Arbitrage Fund?
How to invest in Parag Parikh Arbitrage Fund directly?
- Open Demat Account on Dhan if you don't have one.
- Analyze the fund performance.
- Invest via SIP or Lumpsum.

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