Direct and Regular plans, IDCW option
Data as on 30-10-2026
PGIM India Arbitrage Fund is a mutual fund run by PGIM India Mutual Fund. On 30-09-2026, it managed ₹98 Cr of investors' money.
NAV on 30-10-2026: Direct Plan ₹21.31 (up 0.23% that day); Regular Plan ₹19.76 (up 0.23% that day).
The return of every holding period in the fund's history, not only the one that ends today
Rolling returns
Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 1,884 periods, one for each trading day from 08-03-2019 to 30-10-2026.
PGIM India Arbitrage Fund (Direct)
Every holding period at a glance
| Period | Periods | Median | Lowest | Highest | With a loss |
|---|---|---|---|---|---|
| 1 year | 2,378 | 6.4% | 3.5% | 8.1% | 0% |
| 2 years | 2,131 | 6.4% | 3.8% | 7.9% | 0% |
| 3 years | 1,884 | 5.9% | 4.3% | 7.4% | 0% |
| 5 years | 1,390 | 5.6% | 5.1% | 6.5% | 0% |
| 7 years | 896 | 5.9% | 5.6% | 6.0% | 0% |
| 10 years | 159 | 6.1% | 6.1% | 6.2% | 0% |
Every SIP holding period at a glance
| Period | Periods | Median | Lowest | Highest | With a loss |
|---|---|---|---|---|---|
| 1 year | 116 | 6.4% | 3.5% | 8.2% | 0% |
| 2 years | 104 | 6.4% | 3.9% | 8.0% | 0% |
| 3 years | 92 | 6.3% | 4.0% | 7.7% | 0% |
| 5 years | 68 | 5.5% | 4.6% | 7.1% | 0% |
| 7 years | 44 | 6.1% | 5.2% | 6.6% | 0% |
Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. Past returns do not promise future returns.
How much it swings, and the falls an investor had to sit through
Risk and return
| Measure | PGIM India Arbitrage Fund (Direct)This fund |
|---|---|
| Return (CAGR) | +6.71% |
| Standard deviation | 1.48% |
| Sharpe ratio | 0.99 |
| Sortino ratio | 1.56 |
| Maximum drawdown | −0.52% (06-08-2026) |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.
| Measure | PGIM India Arbitrage Fund (Direct)This fund |
|---|---|
| Return (CAGR) | +7.07% |
| Standard deviation | 1.16% |
| Sharpe ratio | 0.90 |
| Sortino ratio | 1.38 |
| Maximum drawdown | −0.52% (06-08-2026) |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.
| Measure | PGIM India Arbitrage Fund (Direct)This fund |
|---|---|
| Return (CAGR) | +6.52% |
| Standard deviation | 1.05% |
| Sharpe ratio | 0.69 |
| Sortino ratio | 1.06 |
| Maximum drawdown | −0.52% (06-08-2026) |
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.
| Measure | PGIM India Arbitrage Fund (Direct)This fund |
|---|---|
| Return (CAGR) | +6.09% |
| Standard deviation | 1.08% |
| Sharpe ratio | 0.64 |
| Sortino ratio | 0.95 |
| Maximum drawdown | −0.71% (26-03-2020) |
From daily NAVs, 28-10-2016 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.
| Measure | PGIM India Arbitrage Fund (Direct)This fund |
|---|---|
| Return (CAGR) | +6.12% |
| Standard deviation | 1.08% |
| Sharpe ratio | 0.60 |
| Sortino ratio | 0.90 |
| Maximum drawdown | −0.71% (26-03-2020) |
From daily NAVs, 08-03-2016 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
PGIM India Arbitrage Fund (Direct)
| Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today | |
|---|---|---|---|---|---|---|
| PGIM India Arbitrage Fund (Direct) | −0.71% | 16-03-2020 | 26-03-2020 | 31-03-2020 | 5 days | 0.0% |
From the Direct plan's daily NAV since 08-03-2016, adjusted for unit splits. "Time to climb back" runs from the bottom to the first day back at the old high.
What each plan charges a year, in force from 01-10-2026
| Plan | Base expense ratio | Brokerage | Transaction costs | Levies and GST | Total expense ratio |
|---|---|---|---|---|---|
| Direct | 0.31% | 0.11% | 0.04% | 0.77% | 1.23% |
| Regular | 0.88% | 0.11% | 0.04% | 0.87% | 1.90% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file.
What a one-time or monthly investment in this fund would be worth today, from its own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 08-03-2016 to 30-10-2026: 128 instalments, ₹12,80,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Direct planPGIM India Arbitrage Fund (Direct) | ₹12,80,000 | ₹17,99,984 | ₹5,19,984 | 6.2% |
Direct planPGIM India Arbitrage Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Asset allocation as on 30-09-2026
75.0%Equity
| Asset | Fund |
|---|---|
| Equity | 75.0% |
| Cash and others | 14.7% |
| Debt | 10.3% |
| Market cap | Fund |
|---|---|
| Large Cap | 63.6% |
| Mid Cap | 6.3% |
| Small Cap | 5.1% |
Share of the whole fund. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Bonds and money market papers by credit rating, % of the fund.
| Rating | Fund |
|---|---|
| Sovereign | 10.3% |
Sector allocation of the fund's stocks as on 30-09-2026
Banks30.4%
Telecom - Services10.2%
Petroleum Products9.3%
Finance5.1%
Capital Markets5.0%
Beverages3.3%
Realty2.2%
Insurance2.2%
Cement & Cement Products1.9%
Personal Products1.4%
The ten largest of 15 sectors. The other 5 add up to 4.0%.
| Sector | July 2026 | August 2026 | September 2026 | Change |
|---|---|---|---|---|
| Banks | 15.3% | 29.4% | 30.4% | +15.0% |
| Telecom - Services | 9.2% | 8.9% | 10.2% | +1.0% |
| Petroleum Products | 7.5% | 6.1% | 9.3% | +1.8% |
| Finance | 5.9% | 5.2% | 5.1% | −0.8% |
| Capital Markets | 4.0% | 5.5% | 5.0% | +0.9% |
Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.
As on 30-09-2026 · 31 holdings · from the fund house's monthly portfolio
| Holdings | Sector / Rating | Weight% | Holdings trend | 1M change |
|---|---|---|---|---|
| PGIM India Liquid Fund | 11.82% | |||
| HDFC Bank Ltd. | Banks | 9.64% | 0.0% | |
| ICICI Bank Ltd. | Banks | 9.63% | +12.1% | |
| Reliance Industries Ltd. | Petroleum Products | 9.33% | +62.1% | |
| Axis Bank Ltd. | Banks | 5.39% | 0.0% | |
| Bharti Airtel Ltd. | Telecom - Services | 5.19% | +52.5% | |
| 182 DAYS TBILL RED 19-11-2026 · Treasury bill | SOVEREIGN | 5.07% | ||
| Vodafone Idea Ltd. | Telecom - Services | 5.01% | 0.0% | |
| PNB Housing Finance Ltd. | Finance | 3.64% | 0.0% | |
| VARUN BEVERAGES LIMITED | Beverages | 3.32% | 0.0% | |
| HDFC Asset Management Company Ltd. | Capital Markets | 3.07% | 0.0% | |
| 91 DAYS TBILL RED 19-11-2026 · Treasury bill | SOVEREIGN | 2.53% | ||
| 364 DAYS TBILL RED 20-05-2027 · Treasury bill | SOVEREIGN | 2.46% | ||
| The Phoenix Mills Ltd. | Realty | 2.21% | 0.0% | |
| Punjab National Bank | Banks | 2.12% | 0.0% | |
| Life Insurance Corporation of India | Insurance | 1.92% | 0.0% | |
| Ambuja Cements Ltd. | Cement & Cement Products | 1.92% | 0.0% | |
| BSE Ltd. | Capital Markets | 1.89% | 0.0% | |
| Bank of Baroda | Banks | 1.72% | 0.0% | |
| Dabur India Ltd. | Personal Products | 1.45% | 0.0% | |
| Jio Financial Services Ltd. | Finance | 1.04% | 0.0% | |
| National Buildings Construction Corporation Ltd. | Construction | 1.04% | 0.0% | |
| IndusInd Bank Ltd. | Banks | 0.97% | New | |
| Cummins India Ltd. | Industrial Products | 0.97% | New | |
| Yes Bank Ltd. | Banks | 0.93% | 0.0% | |
| Container Corporation Of India Ltd. | Transport Services | 0.74% | 0.0% | |
| Titan Company Ltd. | Consumer Durables | 0.74% | 0.0% | |
| Hindustan Unilever Ltd. | Diversified FMCG | 0.46% | 0.0% | |
| LIC Housing Finance Ltd. | Finance | 0.38% | 0.0% | |
| HDFC Life Insurance Company Ltd. | Insurance | 0.29% | 0.0% | |
| 364 DAYS TBILL RED 29-10-2026 · Treasury bill | SOVEREIGN | 0.20% |
All changes are between August 2026 and September 2026
| ICICI Bank Ltd. | Added | +12.1% | 9.63% |
|---|---|---|---|
| Reliance Industries Ltd. | Added | +62.1% | 9.33% |
| Bharti Airtel Ltd. | Added | +52.5% | 5.19% |
| Grasim Industries Ltd. | Sold out | −100% | was 1.87% |
| IndusInd Bank Ltd. | New | New | 0.97% |
| Cummins India Ltd. | New | New | 0.97% |
| UPL Ltd. | Sold out | −100% | was 0.69% |
No stocks in this group for September 2026.
A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.
Funds with the most similar portfolios, across every fund house and category
| Fund | Overlap | Holdings in common | |
|---|---|---|---|
| Mirae Asset Nifty 100 ESG Sector Leaders ETFETF · Mirae Asset | 41.8% | 12 | Compare |
| DSP Nifty Top 10 Equal Weight Index FundIndex · DSP | 39.2% | 5 | Compare |
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| Kotak Nifty Top 10 Equal Weight Index FundIndex · Kotak Mahindra | 39.2% | 5 | Compare |
| Kotak BSE Sensex Index FundIndex · Kotak Mahindra | 39.0% | 7 | Compare |
| Tata BSE Sensex Index FundIndex · Tata | 38.9% | 7 | Compare |
| Axis BSE Sensex Index FundIndex · Axis | 38.9% | 7 | Compare |
| SBI BSE Sensex Index FundIndex · SBI | 38.9% | 7 | Compare |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.
Fund facts from the scheme summary document
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
| Plan | Option | NAV | As on |
|---|---|---|---|
| direct | ₹21.3105 | 30-10-2026 | |
| direct | ₹11.4553 | 30-10-2026 | |
| direct | ₹12.6784 | 30-10-2026 | |
| regular | ₹19.7604 | 30-10-2026 | |
| regular | IDCW | ₹11.208 | 30-10-2026 |
| regular | IDCW | ₹11.8807 | 30-10-2026 |
PGIM India Arbitrage Fund is a mutual fund from PGIM India Mutual Fund. At the end of September 2026 it held 31 securities.
Not available
See all funds of PGIM India Mutual Fund
AUM moves with money invested or taken out, and with the value of what the fund holds.
Returns, risk, costs and the stocks they share, side by side
The Direct plan NAV is ₹21.3105. The Regular plan NAV is ₹19.7604, as on 30-10-2026.
The Direct plan charges 1.23% a year. The Regular plan charges 1.90% a year. This is the figure the fund house reported to AMFI, in force from 01-10-2026.
PGIM India Arbitrage Fund managed ₹98.01 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
At the end of September 2026 the largest holdings were PGIM India Liquid Fund (11.82%), HDFCBANK (9.64%), ICICIBANK (9.63%), RELIANCE (9.33%), AXISBANK (5.39%). The fund held 31 securities in all.
It bought 2 new stocks: IndusInd Bank Ltd, Cummins India Ltd. It sold out of 2: Grasim Industries Ltd, UPL Ltd. It added shares in 3.
Through PGIM India Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. You can invest once or through a monthly SIP.
Both plans hold the same investments. The Regular plan pays a commission to the distributor who sold it, so it charges more. The Direct plan charges 1.23% a year and the Regular plan 1.90%. The lower charge is why the Direct plan's NAV is higher.
At the end of September 2026 its largest sectors were Banks (30.40%), Telecom - Services (10.20%), Petroleum Products (9.33%).
Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.
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