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Parag Parikh Arbitrage Fund - Direct Plan Growth
★★★★★ monitor_heart Health Score: 55/100 · AveragePPFAS Mutual Fund · Hybrid · Arbitrage
₹12.04
AUM: ₹2,510 Cr
NAV updated 16 days ago
Plan
Direct
Option
Growth
Risk
Moderate
Expense Ratio
1.0%
Exit Load
Exit load of 0.25%, if redeemed within 30 days.
Fund Manager
Raj Mehta
Inception
Nov 2023
Benchmark
NIFTY 50 Arbitrage Total Return Index
Sharpe Ratio
0.13
Std Dev (1Y)
0.9%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.71%
3m
+1.59%
6m
+3.21%
1y
+6.34%
3y
—
5y
—
10y
—
since inception
+7.03%
rate_review TopFund's Take on Parag Parikh Arbitrage Fund - Direct Plan Growth
Parag Parikh Arbitrage Fund - Direct Plan Growth sits in the middle of the pack for Arbitrage funds, currently carrying a 2-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 55/100.
Cost: At 1.0%, the expense ratio is meaningfully cheaper — about 36% below the Arbitrage category average of 1.57% (based on 88 comparable funds). Lower costs compound in your favour over long holding periods.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a modest Sharpe ratio of 0.13 — returns have only marginally compensated for the risk taken. Separately, annualised volatility of 0.9% is on the lower side, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Hybrid fund.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
donut_small Sector Allocation
pie_chart Asset Allocation
info Fund Snapshot
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tips_and_updates Tools & Guides for This Fund
Frequently Asked Questions about Parag Parikh Arbitrage Fund - Direct Plan Growth
The current NAV (Net Asset Value) of Parag Parikh Arbitrage Fund - Direct Plan Growth is ₹12.04. NAV is updated every business day after market close by AMFI.
1Y: 6.34%
The expense ratio is 1.0% per annum — the annual fee deducted from your investment to cover fund management costs.
Parag Parikh Arbitrage Fund - Direct Plan Growth is managed by Raj Mehta at PPFAS Mutual Fund.
Parag Parikh Arbitrage Fund - Direct Plan Growth is a Moderate risk fund. Suitable for investors with a moderate risk appetite.
Parag Parikh Arbitrage Fund - Direct Plan Growth is a Arbitrage fund. SIP suitability depends on your investment goal and risk profile.
The Assets Under Management (AUM) of Parag Parikh Arbitrage Fund - Direct Plan Growth is ₹2,510 crore as of the latest data.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.