Parag Parikh Arbitrage Fund - Regular Plan Growth
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Delivered positive returns in 100% of 3-year investment horizons.
- Cost-efficient: expense ratio of 1.39% is lower than category median (2.12%).
- Equities carry market risk; returns fluctuate and recommended investment horizon is 5+ years.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +0.71% | +0.72% | -0.01% |
| 3 Months | +1.52% | +1.49% | +0.03% |
| 6 Months | +3.11% | +3.04% | +0.07% |
| 1 Year | +6.27% | +6.13% | +0.14% |
| 3 Years CAGR | +6.60% | +6.54% | +0.06% |
| Since Inception | +6.60% | - | - |
📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay
See how a regular monthly SIP in Parag Parikh Arbitrage Fund compares against a standard 7.0% p.a. Bank Fixed Deposit.
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +5.33% | +5.16% | +0.17% |
| 2025 | +6.24% | +6.23% | +0.01% |
| 2024 | +7.39% | +7.46% | -0.07% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | +5.64% | +6.50% | +6.30% | +7.55% | 100.0% | - |
| 3-Year Rolling | +6.54% | +6.57% | +6.57% | +6.61% | 100.0% | - |
Risk Profile & Deepest Drawdowns
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| 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.” |
Investment Objective & Strategy
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.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 2,724 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as comfortable relative to Arbitrage schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Arbitrage Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| Tata Arbitrage Fund | 5.3 | +6.63% | 2.20% | - | Rs 24,777 cr | Compare → |
| Union Arbitrage Fund | 4.4 | +6.57% | 2.29% | - | Rs 240 cr | Compare → |
| Aditya BIRLA SUN LIFE ARBITRAGE FUND | 5.9 | +6.66% | 1.92% | - | Rs 27,972 cr | Compare → |
| Axis Arbitrage Fund | 5.3 | +6.63% | 2.09% | - | Rs 10,449 cr | Compare → |
| Edelweiss Arbitrage Fund | 6.5 | +6.67% | 2.20% | - | Rs 13,897 cr | Compare → |
Frequently Asked Questions about Parag Parikh Arbitrage Fund
What is the expense ratio of Parag Parikh Arbitrage Fund?
Parag Parikh Arbitrage Fund has a total expense ratio (TER) of 1.39% with a base expense ratio of 0.53%, compared to the Arbitrage category median of 2.12%.
Who manages Parag Parikh Arbitrage Fund?
Parag Parikh Arbitrage Fund is managed by Rajeev Thakkar.
What are the historical returns of Parag Parikh Arbitrage Fund?
Parag Parikh Arbitrage Fund delivered a 3-year CAGR of 6.6%. Its 1-year return stands at +6.27%.
How large is Parag Parikh Arbitrage Fund?
Parag Parikh Arbitrage Fund manages assets of Rs 2,724 cr, placing it in the 'comfortable' size band relative to Arbitrage peers.
How is Parag Parikh Arbitrage Fund scored on MFIQ?
Parag Parikh Arbitrage Fund holds an MFIQ Score of 6.5/10 (Average), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is Parag Parikh Arbitrage Fund?
Parag Parikh Arbitrage Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 1.14% with a maximum historical drawdown of -0.58%.