HealthyPlan n/a · Option n/aFit for a long SIP
PGIM India Arbitrage Fund
PGIM India Mutual FundHybrid Scheme - Arbitrage Fund10.6 years
- NAV
- 21.2615
- 29 Oct 2026
- 1Y
- +6.4%
- Trailing CAGR
- AUM
- ₹98.01 Cr
- 30 Sept 2026
- Volatility
- Low
- 1.1% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 Oct 2026
Stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
In three lines
Fits if · Peak-to-trough drawdown has stayed shallower than 15%.
Buy checklist
History depth
Pass
10.6 years of path to read.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
n/a
TER not on file yet.
Drawdown vs peers
Pass
Peak-to-trough -0.7%. Ask whether you can hold through a similar fall.
Vs category
n/a
Category relative read still thin.
Manager tenure
n/a
Manager not listed.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Watch
Top 10 holdings ≈ 140.6% of the portfolio.
Evidence supports a shortlist - confirm with peers before you buy elsewhere.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 1%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
If you start a SIP here, diary a 90-day check and an annual review - don’t react to every NAV print.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+6.4%
- 3Y+7.0%
- 5Y+6.5%
- 10Y+6.1%
- SI+6.1%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+6.3%
- 3Y+6.7%
- 5Y+6.8%
- 10Y+6.2%
- Since inception
- +6.1%
- Calendar-day CAGR
- Excess 1Y
- n/a
- Category median, same plan and option
- 3Y win rate
- n/a
- Windows beating the median
- 3Y percentile
- n/a
- Vs comparable share classes
- SIP 3Y XIRR
- +6.7%
- Simulated monthly SIP
- Worst rolling 3Y
- +4.2%
- 1884 daily-ending windows
- Median rolling 3Y
- +5.9%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 1391 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -0.7%
- Worst peak-to-trough
- Current
- -0.2%
- Below last peak
- Current spell
- 6 days
- Days below latest peak
- Time below peak
- +50%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 3 days
- 596 recovered episodes
- Longest recovery
- 76 days
- Trough to prior peak
16 Mar 2020 – 31 Mar 2020
Trough 26 Mar 2020 · recovered in 5 days
-0.7%
29 May 2020 – 20 Aug 2020
Trough 5 Jun 2020 · recovered in 76 days
-0.5%
3 Aug 2026 – 1 Sept 2026
Trough 6 Aug 2026 · recovered in 26 days
-0.5%
8 Mar 2016 – 30 Mar 2016
Trough 16 Mar 2016 · recovered in 14 days
-0.4%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
40
Vs category
n/a
Consistency
n/a
Risk-adjusted
31
Drawdown
98
Mean
56
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Healthy
Buying stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Why this status
- No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Supporting reads
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 33 holdings · top 10 are 140.6%.
- Top 5
- 116.3%
- Top 10
- 140.6%
- Largest holding
- 75.9%
- Effective holdings
- 1.6
Net Receivables
Unspecified
75.9%
DHFL Pramerica Insta Cash Plus Direct Plan-Growth
Unspecified
11.8%
HDFC Bank Ltd
Financial
9.6%
ICICI Bank Ltd
Financial
9.6%
Reliance Industries Ltd
Energy & Utilities
9.3%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
BARODA BNP PARIBAS ARBITRAGE FUND
Baroda BNP Paribas Mutual Fund
- 1Y
- +6.2%
- 3Y
- +7.2%
- Vol
- 1.0%
- Max DD
- -0.3%
- Sharpe
- 0.82
- 3Y win
- +65%
- Lower volatility
- Shallower drawdown
- Higher trailing returns
DSP Arbitrage fund
DSP Mutual Fund
- 1Y
- +6.4%
- 3Y
- +7.1%
- Vol
- 1.1%
- Max DD
- -0.6%
- Sharpe
- 0.21
- 3Y win
- +4%
- Lower volatility
- Shallower drawdown
- Higher trailing returns
Edelweiss Arbitrage Fund
Edelweiss Mutual Fund
- 1Y
- +6.6%
- 3Y
- +7.3%
- Vol
- 1.0%
- Max DD
- -0.5%
- Sharpe
- 0.82
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher trailing returns
Kotak Arbitrage Fund
Kotak Mahindra Mutual Fund
- 1Y
- +6.6%
- 3Y
- +7.4%
- Vol
- 1.0%
- Max DD
- -0.6%
- Sharpe
- 1.08
- 3Y win
- +81%
- Lower volatility
- Shallower drawdown
- Higher trailing returns
LIC MF Arbitrage Fund
LIC Mutual Fund
- 1Y
- +6.6%
- 3Y
- +7.0%
- Vol
- 1.1%
- Max DD
- -0.7%
- Sharpe
- -0.01
- 3Y win
- 0%
- Lower volatility
- Shallower drawdown
- Higher trailing returns