Parag Parikh Arbitrage Fund Overview
Category Arbitrage Fund
BMSMONEY Rank N/A
BMSMONEY Rating N/A
Gro. Opt. As On: 20-12-2024
NAV ₹10.84(R) +0.13% ₹10.89(D) +0.13%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 7.42% -% -% -% -%
LumpSum (D) 7.8% -% -% -% -%
SIP (R) -38.07% -% -% -% -%
SIP (D) -37.83% -% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
Top Arbitrage Fund
Fund Name Rank Rating
Invesco India Arbitrage Fund 1
Kotak Equity Arbitrage Fund 2
sbi arbitrage opportunities fund 3
Uti Arbitrage Fund 4
Edelweiss Arbitrage Fund 5

NAV Date: 20-12-2024

Scheme Name NAV Rupee Change Percent Change
Parag Parikh Arbitrage Fund - Regular Plan Growth 10.84
0.0100
0.1300%
Parag Parikh Arbitrage Fund - Direct Plan Growth 10.89
0.0100
0.1300%

Review Date: 20-12-2024

A review of the different performance parameters of the fund is as follows:
  1. Returns: It reflects the surge in the investment's value throughout the investment period, communicated as a percentage or a specific monetary sum. Our analysis encompassed four return parameters of this fund. We have organized the return parameters into three performance groups for evaluation: the top 25%, parameters that rank below the top 25% but above average, and parameters that are below average. Below, you'll find a breakdown of how each parameter has performed.
    1. Top 25%: The Parag Parikh Arbitrage Fund has two return parameters in the top 25% in the category, as shown below:
      • 1M Return %
      • 3M Return %
    2. Above Average Below the Top 25%: The Parag Parikh Arbitrage Fund has two return parameters in the category, which are above average but below the top 25%, as listed below:
      • 6M Return %
      • 1Y Return %
    3. Below Average: Parag Parikh Arbitrage Fund has no return parameters that are below average in the category.
  2. Risk: It signifies the potential for financial loss or the failure to achieve anticipated returns due to diverse elements. We have analyzed zero risk parameters of Parag Parikh Arbitrage Fund, and divided it into three groups the lowest 25%, below average but above the lowest 25%, and above average. More details are provided below.
    1. Lowest 25%: Parag Parikh Arbitrage Fund does not have any risk parameters in the lowest 25% of the category. It means high risk compared to other funds in the category.
    2. Below Average but Above the Lowest 25%: Parag Parikh Arbitrage Fund does not have any risk parameters in the below average but above the lowest 25% of the category.
    3. Above Average: Parag Parikh Arbitrage Fund does not have any risk parameters above average; which is a good sign.
  3. Risk Adjusted Performance Parameters: Risk-adjusted performance parameters in mutual funds are parameters that assess the return on investments based on the risks involved. These parameters provide a platform for investors to compare various investments, by considering both profits and the risks involved. For Parag Parikh Arbitrage Fund, we have evaluated zero risk-adjusted performance parameters.
    1. Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the top 25% of the category.
    2. Above Average Below Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.
    3. Below Average Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.47
0.45
0.36 | 0.53 7 | 27 Very Good
3M Return % 1.68
1.62
1.37 | 1.75 7 | 27 Very Good
6M Return % 3.39
3.33
2.77 | 3.51 12 | 27 Good
1Y Return % 7.42
7.39
6.21 | 7.87 17 | 27 Average
1Y SIP Return % -38.07
-38.15
-38.88 | -37.90 13 | 27 Good
Return data last Updated On : Dec. 20, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.50 0.51 0.42 | 0.56 18 | 27
3M Return % 1.77 1.79 1.57 | 1.88 19 | 27
6M Return % 3.57 3.68 3.18 | 3.82 23 | 27
1Y Return % 7.80 8.10 7.06 | 8.51 23 | 27
1Y SIP Return % -37.83 -37.69 -38.34 | -37.50 23 | 27
Return data last Updated On : Dec. 20, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.13 ₹ 10,013.00 0.13 ₹ 10,013.00
1W 0.21 ₹ 10,021.00 0.22 ₹ 10,022.00
1M 0.47 ₹ 10,047.00 0.50 ₹ 10,050.00
3M 1.68 ₹ 10,168.00 1.77 ₹ 10,177.00
6M 3.39 ₹ 10,339.00 3.57 ₹ 10,357.00
1Y 7.42 ₹ 10,742.00 7.80 ₹ 10,780.00
3Y ₹ ₹
5Y ₹ ₹
7Y ₹ ₹
10Y ₹ ₹
15Y ₹ ₹

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 -38.07 ₹ 9,346.78 -37.83 ₹ 9,364.80
3Y ₹ 36000 ₹ ₹
5Y ₹ 60000 ₹ ₹
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Parag Parikh Arbitrage Fund NAV Regular Growth Parag Parikh Arbitrage Fund NAV Direct Growth
20-12-2024 10.8432 10.8863
19-12-2024 10.8294 10.8723
18-12-2024 10.8325 10.8753
17-12-2024 10.8248 10.8675
16-12-2024 10.8239 10.8664
13-12-2024 10.8201 10.8623
12-12-2024 10.8176 10.8597
11-12-2024 10.8166 10.8586
10-12-2024 10.8168 10.8588
09-12-2024 10.8184 10.8602
06-12-2024 10.8087 10.8502
05-12-2024 10.8168 10.8582
04-12-2024 10.8123 10.8536
03-12-2024 10.8103 10.8515
02-12-2024 10.7963 10.8373
29-11-2024 10.7919 10.8326
28-11-2024 10.7885 10.8291
27-11-2024 10.7934 10.8339
26-11-2024 10.7966 10.837
25-11-2024 10.7902 10.8305
22-11-2024 10.7953 10.8353
21-11-2024 10.7922 10.8321

Fund Launch Date: 02/Nov/2023
Fund Category: Arbitrage Fund
Investment Objective: 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.
Fund Description: An open-ended scheme investing in arbitrage opportunities
Fund Benchmark: Nifty 50 Arbitrage Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.