A managed mix of asset classes or strategies
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.
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
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.”
- SEBI category
- Arbitrage Fund
- Fund type
- An open ended scheme investing in arbitrage opportunities. No investment in InvITs permitted.
- Primary benchmark
- NIFTY 50 Arbitrage Total Return Index (TRI)
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. Rajeev Thakkar, Mr. Raunak Onkar, Mr. Rukun Tarachandani, Mr. Raj Mehta, Mr. Tejas Soman , Ms. Aishwarya Dhar
- Manager tenure on this scheme
- Since Mr. Rajeev Thakkar - 02/11/2023 , Mr. Raunak Onkar - 02/11/2023, Mr. Rukun Tarachandani - 02/11/2023, Mr. Raj Mehta - 01/09/2025, Mr. Tejas Soman - 01/09/2025 ,Ms. Aishwarya Dhar - 01/09/2025
- Role / co-management
- 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
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 |
|---|---|---|
| Parag Parikh Arbitrage Fund - Direct Plan - Growth | ₹12.1003 | 04 Sep 2026 |
| Parag Parikh Arbitrage Fund - Regular Plan - Growth | ₹11.9786 | 04 Sep 2026 |
What you pay and how money moves
- Stated expense ratio
- Regular 1.39%, Direct 0.99%
- 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.
- Minimum application
- 1000 · multiples of 1
- SIP frequency
- SIP - Monthly/Quarterly, SWP - Monthly, STP -Daily/Weekly/Fortnightly/Monthly/Quarterly
- Minimum SIP amount
- SIP - Monthly: 1000 /Quarterly : 3000, SWP - Monthly : 1000, STP -Daily/Weekly/Monthly: 1000 Fortnightly:1500 /Quarterly : 3000
- Minimum instalments
- SIP - Monthly - 6; Quarterly - 4, SWP - Monthly - 12, STP - Daily/ Weekly/Monthly-6; Fortnightly / Quarterly - 4
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.