A managed mix of asset classes or strategies
To generate income by investing in arbitrage opportunities that potentially exist between the cash and derivatives market as well as within the derivatives segment of the market. Investments may also be made in debt & money market instruments. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not guarantee/ indicate any returns.
Investors who understand that the risk depends on the scheme's actual equity, debt and derivative mix.
Market, credit, interest-rate and allocation risk can operate together.
How the money may be invested
Equity and Equity related instruments including Index and stock derivatives- Min 65 % and Max 100% Certificate of Deposits, Government Securities, Mutual fund units of liquid, money market - Min 0 % and Max 35 % Gold ETFs & Silver ETFs - Min 0% and Max 25% Exchange Traded Commodity Derivatives (ETCDs) related to Gold and Silver - Min 0% and Max 10%
- SEBI category
- Arbitrage Fund
- Fund type
- An open ended scheme investing in arbitrage opportunities
- Primary benchmark
- Nifty 50 Arbitrage TR Index
Use the latest monthly portfolio
Top holdings are the largest securities currently owned by the scheme. Names and weights can change every month, so a copied list can become misleading. Open the AMC's current official portfolio or factsheet below and look for this exact fund name.
Manager and scheme tenure
- Fund manager(s)
- Mr. Chetan Chavan and Mr. Puneet Pal
- Manager tenure on this scheme
- Since Mr. Chetan Chavan - 29/03/2024 and Mr. Puneet Pal - 22/04/2022
- Role / co-management
- Description - Asset classwise we have different Fund Manager. Chetan Chavan is a Primary Fund Manager for Equity and Puneet Pal for Debt.
The tenure above is experience managing this scheme, not the manager's total career experience. For education, qualifications and prior roles, open the latest official AMC factsheet or manager profile below.
Latest NAV records
NAV is a per-unit accounting value. Compare returns, portfolio, risk and cost — never choose a fund only because its NAV looks low.
| Plan / option reported by AMFI | NAV | Date |
|---|---|---|
| PGIM India Arbitrage Fund | ₹21.0488 | 04 Sep 2026 |
| PGIM India Arbitrage Fund | ₹19.5379 | 04 Sep 2026 |
| PGIM India Arbitrage Fund | ₹12.5227 | 04 Sep 2026 |
| PGIM India Arbitrage Fund | ₹11.4714 | 04 Sep 2026 |
| PGIM India Arbitrage Fund - Regular Plan - Regular IDCW | ₹11.2353 | 04 Sep 2026 |
| PGIM India Arbitrage Fund - Regular Plan - Regular IDCW | ₹11.7469 | 04 Sep 2026 |
What you pay and how money moves
- Stated expense ratio
- Regular 1.81%, Direct 1.13%
- Exit load
- • For exits within 30 days from the date of allotment of units: 0.25% • For exits beyond 30 days from the date of allotment of units: Nil
- Minimum application
- Rs. 5000 · multiples of Rs.1
- SIP frequency
- SIP - Monthly/Quarterly, SWP - Monthly/ Quartely/ Annually, STP -Daily/Weekly/Monthly/Quarterly
- Minimum SIP amount
- SIP - Monthly/Quarterly : 1000, SWP - Monthly/ Quartely/ Annually : 1000, STP -Daily/Weekly/Monthly/Quarterly :1000
- Minimum instalments
- SIP - 5, SWP - 5, STP - 5
How a mutual-fund investment is paid
- Complete KYCIdentity, PAN, bank and contact verification are required.
- Choose route and optionUnderstand direct vs regular and growth vs IDCW before selecting.
- Choose SIP or lump sumSIP uses an automated mandate; lump sum is a one-time payment.
- Receive units at applicable NAVCut-off time, cleared funds and scheme rules determine the applicable NAV.
- Review, do not chaseTrack goal fit, risk, manager/mandate changes, costs and portfolio — not daily noise.
Download and verify at source
The packaged Scheme Summary PDF is the official AMFI file, unchanged. Live AMC links are included for time-sensitive factsheets, top holdings and portfolios.
Source verification date: 06 September 2026. If a live document differs from this page, rely on the newer official document.