Parag Parikh Arbitrage Fund Overview
Category Arbitrage Fund
BMSMONEY Rank N/A
BMSMONEY Rating N/A
Gro. Opt. As On: 19-11-2024
NAV ₹10.79(R) +0.07% ₹10.83(D) +0.07%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 7.49% -% -% -% -%
LumpSum (D) 7.86% -% -% -% -%
SIP (R) -8.5% -% -% -% -%
SIP (D) -8.17% -% -% -% -%
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
Edelweiss Arbitrage Fund 3
Uti Arbitrage Fund 4
sbi arbitrage opportunities fund 5

NAV Date: 19-11-2024

Scheme Name NAV Rupee Change Percent Change
Parag Parikh Arbitrage Fund - Regular Plan Growth 10.79
0.0100
0.0700%
Parag Parikh Arbitrage Fund - Direct Plan Growth 10.83
0.0100
0.0700%

Review Date: 19-11-2024

A review of the different performance parameters of the fund is as follows:
  1. Returns: It indicates the appreciation in the investment's value within the investment period, represented as a percentage or a specific amount of money. We conducted an analysis of the four return parameters of this fund to assess their performance. To assess performance, we have segmented the return parameters into three groups: the top 25%, parameters below the top 25% but still above average, and parameters below average. The results are provided below.
    1. Top 25%: The fund does not have any return parameter in the top 25% in the category.
    2. Above Average Below the Top 25%: The Parag Parikh Arbitrage Fund has four return parameters in the category, which are above average but below the top 25%, as listed below:
      • 1M Return %
      • 3M Return %
      • 6M Return %
      • 1Y Return %
    3. Below Average: Parag Parikh Arbitrage Fund has no return parameters that are below average in the category.
  2. Risk: The threat of not realizing projected profits or even facing financial loss due to different issues is known as risk. For Parag Parikh Arbitrage Fund, we have analyzed zero risk parameters and divided them into three groups the lowest 25%, below average but above the lowest 25%, and above average, which are described 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: In mutual funds, risk-adjusted performance parameters are evaluation tools that gauge the returns of an investment against the risk taken. They assist investors in comparing various investments, factoring in both risk and returns. We have evaluated zero risk-adjusted performance parameters of the fund.
    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 % 0.57
0.56
0.49 | 0.59 9 | 27 Good
3M Return % 1.77
1.74
1.42 | 1.85 14 | 27 Good
6M Return % 3.66
3.58
3.00 | 3.77 11 | 27 Good
1Y Return % 7.49
7.45
6.24 | 7.92 17 | 27 Average
1Y SIP Return % -8.50
-8.57
-9.64 | -8.18 16 | 27 Average
Return data last Updated On : Nov. 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.60 0.61 0.55 | 0.65 22 | 27
3M Return % 1.86 1.92 1.62 | 2.02 23 | 27
6M Return % 3.84 3.92 3.40 | 4.08 23 | 27
1Y Return % 7.86 8.16 7.09 | 8.55 23 | 27
1Y SIP Return % -8.17 -7.94 -8.90 | -7.63 24 | 27
Return data last Updated On : Nov. 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.07 ₹ 10,007.00 0.07 ₹ 10,007.00
1W 0.15 ₹ 10,015.00 0.15 ₹ 10,015.00
1M 0.57 ₹ 10,057.00 0.60 ₹ 10,060.00
3M 1.77 ₹ 10,177.00 1.86 ₹ 10,186.00
6M 3.66 ₹ 10,366.00 3.84 ₹ 10,384.00
1Y 7.49 ₹ 10,749.00 7.86 ₹ 10,786.00
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 -8.50 ₹ 11,438.34 -8.17 ₹ 11,460.44
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
19-11-2024 10.7883 10.8279
18-11-2024 10.7805 10.82
14-11-2024 10.7783 10.8173
13-11-2024 10.7688 10.8077
12-11-2024 10.7726 10.8115
11-11-2024 10.7656 10.8044
08-11-2024 10.7675 10.8059
07-11-2024 10.7552 10.7935
06-11-2024 10.7513 10.7894
05-11-2024 10.7543 10.7924
04-11-2024 10.7515 10.7895
31-10-2024 10.7345 10.772
30-10-2024 10.7337 10.771
29-10-2024 10.7337 10.7709
28-10-2024 10.7336 10.7708
25-10-2024 10.7304 10.7673
24-10-2024 10.7234 10.7601
23-10-2024 10.7224 10.759
22-10-2024 10.7231 10.7596
21-10-2024 10.7267 10.7632

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.